
| 6 4.6. Expense Reimbursement. The Company will reimburse the employee for any documented, out-of-pocket expenses from time to time properly incurred by the Employee in connection with his employment by the Company and approved in advance by the management of the company in its absolute discretion. 4.7. Employee Stock Plan. The employee will be recommended for a grant of 549,976 $ in Restricted Stock Units (RSUs) of Intel. The RSUs will be granted , subject to approval by the compensation committee of Intel's board of directors, on February 28, 2022. The RSUs will become vested in three equal tranches over a three-year period, vesting 33% on each of November 30, 2022, November 30, 2023, and November 30, 2024 if there is still an employee-employer relationship on such vesting dates. 549,976$ will be converted into RSU Units according to the average share price in the period prior to the grant date. This Information should be treated as a statement of intention and not as a definitive term. 5. Confidentiality, non-competition, technology assignment 5.1. The Employee agrees to maintain the terms and conditions contained in this Agreement in strict confidence and shall not disclose to any third party, including any other employee of the Company, without the prior written consent of the Company. 5.2. The Employee shall execute an Employee Proprietary Information and Inventions Agreement in the form of the Agreement attached hereto as Annex A. 5.3. Employee agrees that it would be difficult to measure damage to the Company from any breach of Employee of the promises set forth in this Section 5 or in the Proprietary Information Agreement, and that injury to the Company from any such breach would be impossible to calculate, and that money damages would therefore be an inadequate remedy for any such breach. Accordingly, Employee agrees that if he breaches any provision of this Section 5 or of the Proprietary Information Agreement, the Company will be entitled, in addition to all other remedies it may have, to an injunction or other appropriate orders to restrain any such breach by Employee without showing or proving any actual damage sustained by the Company. 6. Termination 6.1. The Company and the Employee may terminate this Agreement, for any reason, by giving prior notice as mandated by law. 6.2. In the event that the Employee does not deliver to the Employer the Prior Notice as required by section 6.1, the Employee shall pay compensation to the Employer of an amount equal to the Full salary to which the Employee would have been entitled during the period of the Prior Notice. The Employer shall be entitled to deduct such sum from any monies due and payable to the Employee. 6.3. Subject to the receipt by the Employee of Prior Notice from the Employer, the Employee hereby undertakes in favor of the Company that prior to termination of this Agreement for any reason, he shall train his successor and provide him with orderly explanations of all information and knowledge required to enable such successor to perform the duties in a manner similar to the manner in which the Employee performed such duties. The Company shall be entitled to cancel and revoke the provisions of this subsection. 6.4. In the event that the employment of the Employee is terminated, the Employee shall immediately return all documents, information, reports, possessions or other assets belonging to the Employer. 7. Miscellaneous |