Intel 2009 Annual Report Download - page 160

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Exhibit 10.50
INTEL CONFIDENTIAL
INTEL CORPORATION
2006 EQUITY INCENTIVE PLAN
STANDARD TERMS AND CONDITIONS RELATING TO NON-QUALIFIED STOCK OPTIONS GRANTED TO A. DOUGLAS
MELAMED ON JANUARY 22, 2010 UNDER THE INTEL CORPORATION 2006 EQUITY INCENTIVE PLAN (standard option
program)
1.
TERMS OF OPTION
The following standard terms and conditions (“Standard Terms”) apply to Non-Qualified Stock Options granted to U.S.
employees under the Intel Corporation 2006 Equity Incentive Plan (the “2006 Plan”) (other than grants made under the SOP
Plus or ELTSOP programs).
2.
NONQUALIFIED STOCK OPTION
The option is not intended to be an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as
amended (the “Code”) and will be interpreted accordingly.
3.
OPTION PRICE
The exercise price of the option (the “option price”) is 100% of the market value of the common stock of Intel Corporation
(“Intel” or the “Corporation”), $.001 par value (the “Common Stock”), on the date of grant, as specified in the Notice of Grant.
“Market value” means the average of the highest and lowest sales prices of the Common Stock as reported by NASDAQ.
4.
TERM OF OPTION AND EXERCISE OF OPTION
To the extent the option has become exercisable (vested) during the periods indicated in the Notice of Grant and has not
been previously exercised, and subject to termination or acceleration as provided in these Standard Terms and the
requirements of these Standard Terms, the Notice of Grant and the 2006 Plan, you may exercise the option to purchase up
to the number of shares of the Common Stock set forth in the Notice of Grant. Notwithstanding anything to the contrary in
Sections 6 through 9 hereof, no part of the option may be exercised after seven (7) years from the date of grant.
The process for exercising the option (or any part thereof) is governed by these Standard Terms, the Notice of Grant, the
2006 Plan and your agreements with Intel’
s stock plan administrator. Exercises of stock options will be processed as soon as
practicable. The option price may be paid (a) in cash, (b) by arrangement with Intel’s stock plan administrator which is
acceptable to Intel where payment of the option price is made pursuant to an irrevocable direction to the broker to deliver all
or part of the proceeds from the sale of the shares of the
1.