Intel 2009 Annual Report Download - page 141

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INTEL CONFIDENTIAL
100), regardless of any change in the makeup of Standard & Poor
s 100 during the Performance Period; and
(c)
For purposes of determining TSR of any company (including the Corporation):
(1) Any dividend paid or payable in cash shall be valued at its cash amount (without any deemed reinvestment). Any
dividend paid in securities with a readily ascertainable fair market value shall be valued at the market value of the
securities as of the dividend record date. Any dividend paid in other property shall be valued based on the value
assigned to such dividend by the paying company for tax purposes.
(2) Any company included in the Tech 15 TSR or S&P 100 TSR on the grant date that does not have a stock price
that is quoted on a national securities exchange at the end of the Performance Period will be factored into the
median calculation based on its TSR from the grant date until the last date on which its stock price was last quoted
on a national securities exchange in the United States.
(d) Performance Period is the period beginning with the grant date and ending three years later on the third anniversary of
the grant date. If the third anniversary of the grant date falls on a weekend or any other day on which the NASDAQ is
not open, the Performance Period shall end on the next following NASDAQ business day. If for any reason the
Corporation (including any successor corporation) ceases to have its stock price quoted on a national securities
exchange, the Performance Period shall end as of the last date that the stock price is quoted on a national securities
exchange.
4.
DIVIDEND EQUIVALENTS
Dividend equivalents will vest at the same time as their corresponding RSUs and convert into the right to receive shares of
Common Stock. Dividend equivalents will be paid on the number of shares of the Corporation’s Common Stock into which
this RSU is converted by determining the sum of the dividends paid or payable on such number of shares of Common Stock
with respect to each record date that occurs between the Grant Date and the vesting date specified in the Notice of Grant
(without any interest or compounding), divided (to the third decimal point) by the average of the highest and lowest sales
prices of the Common Stock as reported by NASDAQ on the last day of the Performance Period. The quotient derived from
the previous sentence shall be rounded down so that dividend equivalents will convert into the right to receive whole shares
of Common Stock.
3.