Intel 2005 Annual Report Download - page 175

Stock that the Company’s Board of Directors designates as payable with respect to the Securities (an “ Extraordinary Dividend ”),
in which case
(A) Contingent Interest will be payable on the same date as, and in an amount equal to, the dividend or distribution that a Holder would have
received had such Holder converted its Securities immediately prior to the record date for the payment of the corresponding dividend or
distribution to holders of the Company’s Common Stock and (B) the record date for such Interest shall be the same as the record date for the
payment of the corresponding extraordinary dividend or distribution to holders of the Company’s Common Stock.
(b) The Company shall have no obligation to determine the Trading Price of the Securities or to request the Trustee to determine the Trading Price
of the Securities unless a Holder of Securities provides the Company with reasonable evidence that the Trading Price of the Securities is greater than or
equal to the Upside Trigger or is less than or equal to the Downside Trigger, at which time the Company shall instruct the Trustee to determine the
Trading Price of the Securities beginning on the next Trading Day and on each successive Trading Day until the Trading Price of the Securities is less
than the Upside Trigger or is greater than the Downside Trigger, as applicable.
Section 4.03 . Trustee’s Responsibilities in Respect of Contingent Interest. The Trustee’s sole responsibility pursuant to Section 4.02 shall be to
obtain the Trading Price of the Securities for each of the 10 Trading Days immediately preceding the first day of the applicable six-month interest
payment period and to provide such information to the Company. The Company shall determine whether Holders are entitled to receive Contingent
Interest, and if so, provide notice to the Trustee and issue a press release as required by Section 4.05. Notwithstanding any term contained in this
Indenture or any other document to the contrary, the Trustee shall have no responsibilities, duties or obligations for or with respect to (i) determining
whether the Company must pay Contingent Interest or (ii) determining the amount of Contingent Interest, if any, payable by the Company.
Section 4.04 . Payment of Contingent Interest. Subject to Section 4.01 hereof, Contingent Interest for any six-month interest payment period shall
be paid on the applicable Interest Payment Date to the Holder in whose name any Security is registered on the Security Register at the corresponding
Record Date. Contingent Interest due under this Article 4 shall be treated for all purposes of this Indenture like any other interest accruing on the
Securities.
Section 4.05 . Contingent Interest Notification. By the third Business Day of a six-month interest payment period for which Contingent Interest
specified in Section 4.02(a)(i) will be paid, the Company will disseminate a press release through Reuters Economic Services and Bloomberg Business
News stating that
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