Intel 2005 Annual Report Download - page 174

redemption. The payment of such Interest to the Holder of the Securities being redeemed as provided in Section 7.01(b) shall be deemed to satisfy
the Company’s obligations in respect of such Interest.
(iv) Notwithstanding any other provision of this Section 4.01(c), any Interest payable on a Fundamental Change Repurchase Date that falls
between the close of business on a Record Date and the opening of business on the corresponding Interest Payment Date shall be payable to the
Holder of the Securities being repurchased as provided in Section 8.01(a) and shall not be payable to the Holder on the Record Date immediately
preceding such redemption. The payment of such Interest to the Holder of the Securities being repurchased as provided in Section 8.01(a) shall be
deemed to satisfy the Company’s obligations in respect of such Interest..
Section 4.02 . Contingent Interest. (a) Contingent interest on the Securities (“ Contingent Interest ”) shall accrue and the Company shall pay such
Contingent Interest to the Holders as follows:
(i) beginning with the six-month interest payment period commencing December 15, 2010:
(A) during any six-month interest payment period with respect to which the average Trading Price for the 10 Trading Days immediately
preceding the first day of such six-month interest payment period is greater than or equal to the Upside Trigger, in which case the Contingent
Interest payable on each $1,000 Principal Amount for such six-month interest payment period shall be equal to 0.40% per annum of the
average Trading Price for the 10 Trading Days immediately preceding the first day of such six-month interest payment period;
(B) during any six-month interest payment period with respect to which the average Trading Price for the 10 Trading Days immediately
preceding the first day of such six-month interest payment period is less than or equal to the Downside Trigger, in which case the Contingent
Interest payable on each $1,000 Principal Amount for such six-month interest payment period shall be equal to 0.25% per annum of the
average Trading Price for the 10 Trading Days immediately preceding the first day of such six-month interest payment period; and
(ii) at any time Securities are outstanding, upon the declaration by the Company’s Board of Directors of an extraordinary cash dividend or
distribution to all or substantially all holders of the Company’s Common
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