Intel 2007 Annual Report Download - page 127

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(1) The vesting schedule for each Participant who is an Employee on or after December 31, 2007 shall be as follows:
(ii) The vesting schedule for each Participant who is not described in (1) above shall be as follows:
9. Effective January 1, 2008, Section 6(d)(2) will be amended by adding the following to the end of the paragraph:
If a Participant is reemployed by the Company after beginning to receive Plan Benefits, the Company will continue to pay out those Plan
Benefits under the Participant’s original Distribution election.
10. Effective January 1, 2008, Section 7(a) of the Intel Corporation Sheltered Employee Retirement Plan Plus is amended by replacing the term
“Section 12” with the term “Section 13”.
11. Effective January 1, 2007, Section 7(b) of the Intel Corporation Sheltered Employee Retirement Plan Plus is amended by removing the
term “(affecting Participants who have attained age 55)” from the last sentence of the subsection.
12. Effective January 1, 2008, Section 8(b) of the Intel Corporation Sheltered Employee Retirement Plan Plus is amended by replacing the term
“Section 409(a)(2)(B)(i)” with the term “Section 409A(a)(2)(B)(i)”.
2
Completed Years
Nonforfeitable
Of Service
Percentage
Less than 2
0 (Percent)
2 but less than 3
20 (Percent)
3 but less than 4
40 (Percent)
4 but less than 5
60 (Percent)
5 but less than 6
80 (Percent)
6 or more
100 (Percent)
Completed Years
Nonforfeitable
Of Service
Percentage
Less than 3
0 (Percent)
3 but less than 4
20 (Percent)
4 but less than 5
40 (Percent)
5 but less than 6
60 (Percent)
6 but less than 7
80 (Percent)
7 or more
100 (Percent)