Intel 1998 Annual Report Download - page 25

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"ENROLLMENT PERIOD" means the period of December 1 to December 31 prior to the Plan Year to which a deferral election pursuant to a
Deferred Compensation Agreement applies. However, for the first Plan Year, the Enrollment Period shall be June 1 to June 30. The Enrollment
Period for any newly elected Outside Director shall be any time within thirty (30) days before or after the Director takes office.
"OUTSIDE DIRECTOR" means any Director who is not a common-law employee of the Company or any of its subsidiaries.
"PARTICIPANT" means an Outside Director of the Company who has executed a Deferred Compensation Agreement and who maintains an
Account in the Plan.
"PLAN" means the "Intel Corporation Deferral Plan for Outside Directors" as set forth herein and as amended or restated from time to time.
"PLAN YEAR" means January 1 through December 31, except that the first Plan Year shall be from July 1 through December 31, 1998.
A "TERMINATION EVENT" shall be deemed to occur if a Participant ceases being an Outside Director of the Company for any reason.
SECTION 2.2. GENDER AND NUMBER. Except as otherwise indicated by context, masculine terminology used herein also includes the
feminine and neuter, and terms used in the singular may also include the plural.
ARTICLE 3. PARTICIPATION.
SECTION 3.1 ELIGIBILITY TO PARTICIPATE. Each Outside Director of the Company may participate in this Plan.
SECTION 3.2 ELECTION TO PARTICIPATE. Each Outside Director may become a Participant in the Plan by electing to defer compensation
in accordance with the terms of this Plan during an Enrollment Period. An election to defer shall be in writing and shall be made by executing a
Deferred Compensation Agreement. Except for the amounts deferred in 1998 and except with respect to new Outside Directors, all elections to
defer amounts under this Plan shall be made pursuant to a Deferred Compensation Agreement executed and filed with the Company before the
year in which the amount deferred is earned. All Deferred Compensation Agreements relating to the deferral of 1998 Director's Compensation
shall be executed and filed with the Company no later than June 30 and shall relate to compensation to be earned after the execution of the
Deferred Compensation Agreement. A deferral election made pursuant to a Deferred Compensation Agreement shall remain in effect until
modified by the Participant. No modification shall be given effect with respect to a Plan Year to which the modification is intended to apply
unless that modification is made prior to the beginning of that Plan Year.
3.