Intel 2013 Annual Report Download - page 127

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Exhibit 10.9.2
INTEL CORPORATION
2014 Annual Performance Bonus Plan
(Amended and Restated effective January 1, 2014)
1. PURPOSE
The purpose of this 2014 Annual Performance Bonus Plan (the “Plan”), formerly named
the 2007 Executive Officer Incentive Plan, is to motivate and reward eligible employees by
making a portion of their cash compensation (the “Annual Incentive Payments”) dependent on (i)
Intel Corporation (the "Company") performance, and (ii) individual performance, including,
without limitation, performance related to strategic drivers of growth of the Company as
determined by the Compensation Committee of the Board of Directors (the “Committee”).
2. COVERED INDIVIDUALS
The individuals to whom Annual Incentive Payments may be made hereunder shall be the
executive officers of the Company, and such other officers of the Company as the Committee
shall determine in its sole discretion (the “Covered Individuals”).
3. THE COMMITTEE
(a) The Committee shall have the sole discretion and authority to administer and
interpret the Plan.
(b) Subject to the express provisions and limitations of this Plan, the Committee shall
be authorized and empowered to do all things necessary or desirable, in its sole discretion, in
connection with the administration of the Plan, including, without limitation, the following:
(i) To prescribe, amend and rescind rules and regulations relating to the Plan and to
define terms not otherwise defined herein, and to take or approve such further actions as
it determines necessary or appropriate to the administration of the Plan, such as
correcting a defect or supplying any omission, or reconciling any inconsistency so that the
Plan or any award complies with applicable law, regulations and listing requirements and
so as to avoid unanticipated consequences or address unanticipated events deemed by
the Committee to be inconsistent with the purposes of the Plan;
(ii) To designate Covered Individuals and to determine the Annual Incentive Payments, if
any, to be made to such Covered Individuals;
(iii) To prescribe and amend the terms of any agreements or other documents under the
Plan;
(iv) To determine whether, and the extent to which, adjustments are required pursuant to
Section 4;
(v) To interpret and construe the Plan, any rules and regulations under the Plan, and the
terms and conditions of any Annual Incentive Payment provided hereunder, and to make
exceptions to any such provisions in good faith and for the benefit of the Company; and