Named Executive Officer Compensation



 Exhibit 10.1 
  
 Named Executive Officer Compensation 
  
 Table 1 below sets forth the base salaries of the company’s Named Executive Officers for 2005, as approved by the Compensation
Committee of the Board of Directors of Intel Corporation on February 2, 2005. The Named Executive Officers were determined in reference to the company’s fiscal year ended December 25, 2004. Each of the Named Executive Officers’ employment
with Intel is on an at-will basis. 
  
 Table 1 
  

					
	 Name and Position1

	  	Base Salary2 ($)


	 Craig R. Barrett
 Chief Executive Officer
	  	610,000
	 Paul S. Otellini
 President and Chief Operating Officer
	  	1/1/05-5/31/05
6/1/05-12/31/05	  	550,000
650,000
	 Andy D. Bryant
 Chief Financial and Enterprise Services Officer
	  	330,000
	 Sean M. Maloney
 Executive Vice President
 General Manager, Mobility Group
	  	270,000
	 Arvind Sodhani
 Senior Vice President and President, Intel Capital
	  	225,000

  
 Each of the Named Executive Officers
participates in the Executive Officer Incentive Plan (“EOIP”), which is described more fully in the company’s 2005 Proxy Statement. Awards under the EOIP are determined by multiplying the officer’s individual incentive baseline
amount by Intel’s earnings per share for the year (as adjusted by the Compensation Committee) and by a performance factor established by the Compensation Committee. Individual awards under the EOIP are capped at $5,000,000 and the Compensation
Committee has the discretion to reduce (but not increase) the award. The actual payouts under the EOIP, which will be based on the company’s fiscal 2005 results, will not be determined until early 2006. 


	1	Effective May 18, 2005, Dr. Barrett will become Chairman of the Board and Mr. Otellini will become Chief Executive
Officer. 


	2	Except as otherwise indicated base salary is effective from January 1, 2005. 








 Each of the Named Executive Officers also participates in the company’s semiannual cash award program in which they
will receive 0.55 day of pay (calculated based on eligible earnings for the six-month period, including one-half of incentive baseline amounts as applicable) for every two percentage points of corporate pretax margin (pretax profit as a percentage
of revenue), or a total payment based on 4% of net income, whichever is greater. Payouts under this program are made in the first and third quarters of the year based on corporate performance for the preceding two quarters. The plan also has a
provision for rewarding employees with an additional day of pay for each six-month period if Intel achieves its customer satisfaction goals for the performance period. 
  
 The Named Executive Officers are also eligible to receive stock options under the Intel Corporation 2004 Equity Incentive Plan. The 2005
stock option awards to the Named Executive Officers have been disclosed on individual Forms 4 filed with the U.S. Securities and Exchange Commission pursuant to Section 16(a) of the Securities Exchange Act of 1934, as amended. In addition, each of
the Named Executive Officers is eligible to receive company contributions to his accounts in the company’s tax-qualified and non-qualified capital accumulation/retirement plans. Company contributions to these plans are discretionary and may
vary with the company’s financial performance, particularly revenue and income. Since the amount of the company contribution to the tax-qualified plan is limited by U.S. tax law, the excess, if any, is allocated to the individual’s account
in the non-qualified plan. The amount of the 2005 company contribution to these plans will be determined in early 2006 based on the company’s performance for fiscal 2005.