Important Information About Your Stock Benefits upon Termination
Your UBS PaineWebber account will remain open for 60 days after the last expiration date of your stock options. So, for example, if your options expire within 90 days of your effective termination date, then you have 60 days following your options expiration date to access and use your UBS PaineWebber standard account. During this time period you are encouraged to contact UBS PaineWebber to make arrangements for any shares or cash you hold in your account or to set up a personal retail account (a fee is applicable and country restrictions may be applicable for retail investment account). After the 60-day period, your UBS PaineWebber stock account will be closed. A certificate will be issued for any stock and a check will also be issued for any cash held in the account upon closure. The certificate and check will be mailed to your address on record with UBS PaineWebber.
Stock Option Plan (SOP)
In most cases, you can exercise your vested options within 90 days from your termination date. However, please verify your options expiration date through your UBS PaineWebber account, some stock option plans administered by Intel have options expiration dates of less than or more than 90 days upon termination.
Ø Please be aware and allow for stock market holidays (on U.S. holidays). See www.nyse.com.
Ø Do not wait until the last day of your options expiration date to exercise your options.
Ø Stock market trading begins at 6:30 a.m. Pacific time (14:30 p.m.GMT) and ends at 12:45 p.m. Pacific time (22:45 p.m.GMT).
Ø Failure to exercise your options by your expiration date will result in the loss of options. Any unvested options are cancelled upon your termination date.
Stock Purchase Plan (SPP)
There are no deadlines in which you have to sell your SPP shares. However, please note important timeframes and implications regarding your UBS PaineWebber stock account.
Within 60 days from your vested options expiration date, you may:
Ø Sell your SPP shares with no commission.
Ø Transfer your shares to another broker.
Ø Request share certificates to your mailing address.
Ø Request a wire transfer or check for any funds you have in your UBS PaineWebber account.
At 60 days following your options expiration date, if you have not contacted UBS PaineWebber with instructions on what to do with any shares or cash in your account or opened a personal retail account (a fee is applicable and country restrictions may be applicable for retail investment account), UBS PaineWebber will:
Ø Issue a check for any cash held in your stock account, and
Ø Send a paper certificate for any shares in your account to your address on record with UBS PaineWebber.
Toll free# Your country AT&T access code + 866 785 4682
Customer service hours 6 a.m. to 8 p.m. Pacific time Monday through Friday (14:00 p.m. to 04:00 a.m.GMT)
Direct dial (Non-U.S.) + 1 (201) 272-7537 New Jersey or + 1 (212) 713-9422 New York
Web site www.csbs.painewebber.com/intc
Mailing Address UBS PaineWebber Corporate Employee
300 Lighting Way – 6th Floor
Secaucus, NJ 07094 USA
For any further questions, contact your site stock representative.