Document:

Exhibit
4.12

 

DESCRIPTION
OF SECURITIES REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934

 

As
of March 23, 2020, Akers Biosciences, Inc., a New Jersey corporation (“we,” “our” and the “Company”)
has our common stock, no par value per share registered under Section 12 of the Securities Exchange Act of 1934, as amended.

 

The
foregoing description is intended as a summary and is qualified in its entirety by reference to our amended and restated certificate
of incorporation, as amended (the “Amended & Restated Certificate of Incorporation”) and the amended and restated
by-laws, as amended (the “By-laws”) as currently in effect, copies of which are filed as exhibits to this Annual Report
on Form 10-K and are incorporated by reference herein.

 

Authorized
Capital Stock

 

Our authorized capital
stock consists of 150,000,000 shares, of which 100,000,00 are common stock, without par value, and 50,000,000 are preferred stock,
without par value, of 10,000,000 of which have been designated as Series A Convertible Preferred Stock, 1,990,000 of which have
been designated as Series C Convertible Preferred Stock and 211,353 of which have been designated as Series D Convertible Preferred
Stock. As of March 23, 2020, there were 2,700,240 shares of common stock issued and outstanding, no shares of Series A Convertible
Preferred Stock and Series C Convertible Preferred Stock issued and outstanding. Pursuant to our acquisition of Cystron Biotech,
LLC referenced in this Annual Report that closed on March 23, 2020, 211,353 shares of Series D Convertible Preferred Stock were
issued.

 

Common
Stock

 

Voting
Rights

 

Each
stockholder has one vote for each share of common stock held on all matters submitted to a vote of stockholders. A stockholder
may vote in person or by proxy. Elections of directors are determined by a plurality of the votes cast and all other matters are
decided by a majority of the votes cast by those stockholders entitled to vote and present in person or by proxy.

 

Because
our stockholders do not have cumulative voting rights, stockholders holding a majority of the voting power of our shares of common
stock will be able to elect all of our directors. Our Amended & Restated Certificate of Incorporation and By-laws provide
that stockholder actions may be effected at a duly called meeting of stockholders or pursuant to written consent of the majority
of stockholders. A special meeting of stockholders may be called by the President, Chief Executive Officer or the Board of Directors
pursuant to a resolution approved by the majority of the Board of Directors.

 

    	 	 	 

    	 	 	 

    

 

Dividend
Rights

 

The
holders of outstanding shares of common stock are entitled to receive dividends out of funds legally available at the times and
in the amounts that our board of directors may determine, provided that required dividends, if any, on preferred stock have been
paid or provided for. However, to date we have not paid or declared cash distributions or dividends on our common stock and do
not currently intend to pay cash dividends on our common stock in the foreseeable future. We intend to retain all earnings, if
and when generated, to finance our operations. The declaration of cash dividends in the future will be determined by the board
of directors based upon our earnings, financial condition, capital requirements and other relevant factors.

 

No
Preemptive or Similar Rights

 

Holders
of our common stock do not have preemptive rights, and common stock is not convertible or redeemable.

 

Right
to Receive Liquidation Distributions

 

Upon
our dissolution, liquidation or winding-up, the assets legally available for distribution to our stockholders and remaining after
payment to holders of preferred stock of the amounts, if any, to which they are entitled, are distributable ratably among the
holders of our common stock subject to any senior class of securities.

 

The
NASDAQ Capital Market Listing

 

Our
common stock is listed on the NASDAQ Capital Market (“NASDAQ”) under the symbol “AKER.”

 

Transfer
Agent and Registrar

 

The
transfer agent and registrar for our common stock is VStock Transfer, LLC, 18 Lafayette Place, Woodmere, NY 11598.

 

Options,
Warrants and RSUs

 

As of March 23, 2020,
we had 40 shares of common stock issuable upon exercise of outstanding options, 492,215 shares of common stock issuable
upon the exercise of warrants, 15,603 shares of common stock issuable upon the vesting of RSUs and 1,990,000 shares
of common stock issuable upon conversion of the Series C Preferred Stock that is issuable upon the exercise of the warrants. The
shares issuable upon the vesting of RSUs are not issuable until the increase in the number authorized shares of common stock is
approved by the stockholders of the Company. There are no other outstanding warrants, options or RSUs at this time.

 

Preferred
Stock

 

We
may issue any class of preferred stock in any series. Our board of directors has the authority, subject to limitations prescribed
under New Jersey law, to issue preferred stock in one or more series, to establish from time to time the number of shares to be
included in each series and to fix the designation, powers, preferences and rights of the shares of each series and any of its
qualifications, limitations and restrictions. Our board of directors can also increase or decrease the number of shares of any
series, but not below the number of shares of that series then outstanding. Our board of directors may authorize the issuance
of preferred stock with voting or conversion rights that could adversely affect the voting power or other rights of the holders
of the common stock. The issuance of preferred stock, while providing flexibility in connection with possible acquisitions and
other corporate purposes, could, among other things, have the effect of delaying, deferring or preventing a change in control
of our company and may adversely affect the market price of common stock and the voting and other rights of the holders of common
stock.

 

    	 	 	 

    	 	 	 

    

 

Series
C Convertible Preferred Stock

 

Rank

 

The
Series C Preferred Stock ranks (1) on parity with common stock on an “as converted” basis, (2) senior to any series
of our capital stock hereafter created specifically ranking by its terms junior to the Series C Preferred Stock, (3) on parity
with any series of our capital stock hereafter created specifically ranking by its terms on parity with the Series C Preferred
Stock, and (4) junior to any series of our capital stock hereafter created specifically ranking by its terms senior to the Series
C Preferred Stock in each case, as to dividends or distributions of assets upon our liquidation, dissolution or winding up whether
voluntary or involuntary.

 

Conversion
Rights

 

Each
share of the Series C Preferred Stock is convertible into one (1) share of common stock, provided that the holder will be prohibited
from converting Series C Preferred Stock into shares of common stock if, as a result of such conversion, the holder would own
more than 4.99% of the number of shares of common stock outstanding immediately after giving effect to the issuance of the shares
of common stock issuable upon conversion of the Series C Preferred Stock, or, at the election of a holder, together with its affiliates,
would own more than 9.99% of the number of shares of common stock outstanding immediately after giving effect to the issuance
of the shares of common stock issuable upon conversion of the Series C Preferred Stock. The conversion rate of the Series C Preferred
Stock is subject to proportionate adjustments for stock splits, reverse stock splits and similar events, but is not subject to
adjustment based on price anti-dilution provisions.

 

Dividend
Rights

 

In
addition to stock dividends or distributions for which proportionate adjustments will be made, holders of Series C Preferred Stock
are entitled to receive dividends on shares of Series C Preferred Stock equal, on an as-if-converted-to-common-stock basis, to
and in the same form as dividends actually paid on shares of the common stock when, as and if such dividends are paid on shares
of the common stock. No other dividends are payable on shares of Series C Preferred Stock.

 

    	 	 	 

    	 	 	 

    

 

Voting
Rights

 

Except
as provided in the Certificate of Designation or as otherwise required by law, the holders of Series C Preferred Stock will have
no voting rights. However, we may not, without the consent of holders of a majority of the outstanding shares of Series C Preferred
Stock, alter or change adversely the powers, preferences or rights given to the Series C Preferred Stock, increase the number
of authorized shares of Series C Preferred Stock, or enter into any agreement with respect to the foregoing.

 

Liquidation
Rights

 

Upon
any liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary, the holders of Series C Preferred
Stock are entitled to receive, pari passu with the holders of common stock, out of the assets available for distribution to stockholders
an amount equal to such amount per share as would have been payable had all shares of Series C Preferred Stock been converted
into common stock immediately before such liquidation, dissolution or winding up, without giving effect to any limitation on conversion
as a result of the Beneficial Ownership Limitation, as described above.

 

Exchange
Listing

 

We
do not plan on making an application to list the shares of Series C Preferred Stock on the NASDAQ, any national securities exchange
or other nationally recognized trading system. Our common stock issuable upon conversion of the Series C Preferred Stock is listed
on the NASDAQ under the symbol “AKER.”

 

Failure
to Deliver Conversion Shares

 

If
we fail to timely deliver shares of common stock upon conversion of the Series C Preferred Stock (the “Conversion Shares”)
within the time period specified in the Certificate of Designation (within two trading days after delivery of the notice of conversion,
or any shorter standard settlement period in effect with respect to trading market on the date notice is delivered), then we are
obligated to pay to the holder, as liquidated damages, an amount equal to $50 per trading day (increasing to $100 per trading
day after the third trading day and $200 per trading day after the tenth trading day) for each $5,000 of Conversion Shares for
which the Series C Preferred Stock converted which are not timely delivered. If we make such liquidated damages payments, we are
not also obligated to make Buy-In (as defined below) payments with respect to the same Conversion Shares.

 

Compensation
for Buy-In on Failure to Timely Deliver Shares

 

If
we fail to timely deliver the Conversion Shares to the holder, and if after the required delivery date the holder is required
by its broker to purchase (in an open market transaction or otherwise) or the holder or its brokerage firm otherwise purchases,
shares of common stock to deliver in satisfaction of a sale by the holder of the Conversion Shares which the holder anticipated
receiving upon such conversion or exercise (a “Buy-In”), then we are obligated to (A) pay in cash to the holder the
amount, if any, by which (x) the holder’s total purchase price (including brokerage commissions, if any) for the shares
of common stock so purchased exceeds (y) the amount obtained by multiplying (1) the number of Conversion Shares that we were required
to deliver times (2) the price at which the sell order giving rise to such purchase obligation was executed, and (B) at the option
of the holder, either reinstate the portion of the Series C Preferred Stock and equivalent number of Conversion Shares for which
such conversion was not honored (in which case such conversion shall be deemed rescinded) or deliver to the holder the number
of shares of common stock that would have been issued had we timely complied with its conversion and delivery obligations.

 

    	 	 	 

    	 	 	 

    

 

Subsequent
Rights Offerings; Pro Rata Distributions

 

If
we grant, issue or sell any common stock equivalents pro rata to the record holders of any class of shares of common stock (the
“Purchase Rights”), then a holder of Series C Preferred Stock will be entitled to acquire, upon the terms applicable
to such Purchase Rights, the aggregate Purchase Rights which the holder could have acquired if the holder had held the number
of shares of common stock acquirable upon conversion of the Series C Preferred Stock (without regard to any limitations on conversion).
If we declare or make any dividend or other distribution of its assets (or rights to acquire its assets) to holders of common
stock, then a holder of Series C Preferred Stock is entitled to participate in such distribution to the same extent as if the
holder had held the number of shares of common stock acquirable upon complete conversion of the Series C Preferred Stock (without
regard to any limitations on conversion).

 

Fundamental
Transaction

 

If,
at any time while the Series C Preferred Stock is outstanding, (i) the Company, directly or indirectly, in one or more related
transactions effects any merger or consolidation of the Company with or into another person, (ii) the Company, directly or indirectly,
effects any sale, lease, license, assignment, transfer, conveyance or other disposition of all or substantially all of its assets
in one or a series of related transactions, (iii) any, direct or indirect, purchase offer, tender offer or exchange offer (whether
by the Company or another person) is completed pursuant to which holders of common stock are permitted to sell, tender or exchange
their shares for other securities, cash or property and has been accepted by the holders of 50% or more of the outstanding common
stock, (iv) the Company, directly or indirectly, in one or more related transactions effects any reclassification, reorganization
or recapitalization of the common stock or any compulsory share exchange pursuant to which the common stock is effectively converted
into or exchanged for other securities, cash or property, or (v) the Company, directly or indirectly, in one or more related transactions
consummates a stock or share purchase agreement or other business combination (including, without limitation, a reorganization,
recapitalization, spin-off or scheme of arrangement) with another person whereby such other person acquires more than 50% of the
outstanding shares of common stock (not including any shares of common stock held by the other person or other persons making
or party to, or associated or affiliated with the other persons making or party to, such stock or share purchase agreement or
other business combination) (each a “Series C Preferred Stock Fundamental Transaction”), then upon any subsequent
conversion of Series C Preferred Stock, the holder will receive, for each Conversion Share that would have been issuable upon
such conversion immediately prior to the occurrence of such Series C Preferred Stock Fundamental Transaction (without regard to
the Beneficial Ownership Limitation), the number of shares of common stock of the successor or acquiring corporation or of the
Company, if it is the surviving corporation, and any additional consideration (the “Series C Preferred Stock Alternate Consideration”)
receivable as a result of such Series C Preferred Stock Fundamental Transaction by a holder of the number of shares of common
stock for which the Series C Preferred Stock is convertible immediately prior to such Series C Preferred Stock Fundamental Transaction
(without regard to the Beneficial Ownership Limitation). For purposes of any such conversion, the determination of the conversion
ratio will be appropriately adjusted to apply to such Series C Preferred Stock Alternate Consideration based on the amount of
Alternate Consideration issuable in respect of one share of common stock in such Series C Preferred Stock Fundamental Transaction.
If holders of common stock are given any choice as to the securities, cash or property to be received in a Series C Preferred
Stock Fundamental Transaction, then the holder will be given the same choice as to the Series C Preferred Stock Alternate Consideration
it receives upon automatic conversion of the Series C Preferred Stock following such Fundamental Transaction.

 

    	 	 	 

    	 	 	 

    

 

Anti-Takeover
Provisions

 

The
authorization of undesignated preferred stock makes it possible for our board of directors to issue preferred stock with voting
or other rights or preferences that could impede the success of any attempt to change our control.

 

These
provisions are intended to enhance the likelihood of continued stability in the composition of our board of directors and its
policies and to discourage certain types of transactions that may involve an actual or threatened acquisition of us.

 

These
provisions are also designed to reduce our vulnerability to an unsolicited acquisition proposal and to discourage certain tactics
that may be used in proxy fights. However, such provisions could have the effect of discouraging others from making tender offers
for our shares and may have the effect of deterring hostile takeovers or delaying changes in our control or management. As a consequence,
these provisions also may inhibit fluctuations in the market price of our stock that could result from actual or rumored takeover
attempts.

 

In
addition, we are subject to Section 14A-10A of the New Jersey Shareholders Protection Act, a type of anti-takeover statute designed
to protect stockholders against coercive, unfair or inadequate tender offers and other abusive tactics and to encourage any person
contemplating a business combination with the Company to negotiate with the Board for the fair and equitable treatment of all
stockholders. Subject to certain qualifications and exceptions, the statute prohibits an interested stockholder of a corporation
from effecting a business combination with the corporation for a period of five years unless the corporation’s board of
directors approved the combination prior to the stockholder becoming an interested stockholder or after the stockholder becoming
an interested stockholder if the corporation’s board of directors approved both the transaction causing a person to become
an interested stockholder and the subsequent business combination. In addition, but not in limitation of the five-year restriction,
if applicable, corporations covered by the New Jersey statute may not engage at any time in a business combination with any interested
stockholder of that corporation unless the combination is approved by the board of directors prior to the interested stockholder’s
stock acquisition date, the combination receives the approval of two-thirds of the voting stock of the corporation not beneficially
owned by the interested stockholder or the combination meets minimum financial terms specified by the statute.

 

An
“interested stockholder” is defined to include any beneficial owner of 10% or more of the voting power of the outstanding
voting stock of the corporation and any affiliate or associate of the corporation who within the prior five year period has at
any time owned 10% or more of the voting power of the then outstanding stock of the corporation.

 

The
term “business combination” is defined to include a broad range of transactions including, among other things:

 

	 	●	the
    merger or consolidation of the corporation with the interested stockholder or any corporation that is or after the merger
    or consolidation would be an affiliate or associate of the interested stockholder,
	 	 	 
	 	●	the
    sale, lease, exchange, mortgage, pledge, transfer or other disposition to an interested stockholder or any affiliate or associate
    of the interested stockholder of 10% or more of the corporation’s assets, or
	 	 	 
	 	●	the
    issuance or transfer to an interested stockholder or any affiliate or associate of the interested stockholder of 5% or more
    of the aggregate market value of the stock of the corporation.

 

The
effect of the statute is to protect non-tendering, post-acquisition minority stockholders from mergers in which they will be “squeezed
out” after the merger, by prohibiting transactions in which an acquirer could favor itself at the expense of minority stockholders.
The statute generally applies to corporations that are organized under New Jersey law.EX-4.1

 Exhibit 4.1 

INTEL CORPORATION, as Issuer 

and 
 WELLS FARGO BANK,
NATIONAL ASSOCIATION, as Trustee 
  
  

3.400% Senior Notes due 2025 

3.750% Senior Notes due 2027 

3.900% Senior Notes due 2030 

4.600% Senior Notes due 2040 

4.750% Senior Notes due 2050 

4.950% Senior Notes due 2060 
  

 
 Sixteenth
Supplemental Indenture 
 Dated as of March 25, 2020 

to 
 Indenture dated as
of March 29, 2006 
  

 TABLE OF CONTENTS 

 
  

					
	 	  	PAGE	 
	
	ARTICLE 1	  

	DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION	
 

		
	 Section 1.01. Definitions
	  	 	2	 
	 Section 1.02. Conflicts with Base Indenture
	  	 	5	 
	
	ARTICLE 2	  

	FORM OF NOTES	  

		
	 Section 2.01. Form of Notes
	  	 	5	 
	
	ARTICLE 3	  

	THE NOTES	  

		
	 Section 3.01. Amount; Series
	  	 	5	 
	 Section 3.02. Denominations
	  	 	7	 
	 Section 3.03. Book-entry Provisions for Global Securities
	  	 	7	 
	 Section 3.04. Additional Notes
	  	 	9	 
	 Section 3.05. Execution, Authentication, Delivery and Dating
	  	 	9	 
	
	ARTICLE 4	  

	REDEMPTION OF SECURITIES	  

		
	 Section 4.01. Optional Redemption
	  	 	9	 
	
	ARTICLE 5	  

	EVENTS OF DEFAULT AND REMEDIES	  

		
	 Section 5.01. Events of Default
	  	 	10	 
	 Section 5.02. Acceleration Of Maturity; Rescission And Annulment
	  	 	12	 
	 Section 5.03. References In Base Indenture
	  	 	13	 
	 Section 5.04. Waiver Of Certain Covenants
	  	 	13	 
	
	ARTICLE 6	  

	SUPPLEMENTAL INDENTURES	  

		
	 Section 6.01. Applicability Of Base Indenture
	  	 	13	 
	 Section 6.02. Supplemental Indentures Without Consent Of Holders
	  	 	13	 
	 Section 6.03. Supplemental Indentures With Consent Of Holders
	  	 	14	 

  
 i 

					
	
	ARTICLE 7	  

	MISCELLANEOUS	  

		
	 Section 7.01. Sinking Funds
	  	 	15	 
	 Section 7.02. Confirmation of Indenture
	  	 	15	 
	 Section 7.03. Counterparts
	  	 	16	 
	 Section 7.04. Governing Law
	  	 	16	 
	 Section 7.05. Waiver of Jury Trial
	  	 	16	 

 EXHIBIT A-1 

					
	 FORM OF 3.400% SENIOR NOTE DUE 2025
	  			
		
	 EXHIBIT A-2
	  			
	 FORM OF 3.750% SENIOR NOTE DUE 2027
	  			
		
	 EXHIBIT A-3
	  			
	 FORM OF 3.900% SENIOR NOTE DUE 2030
	  			
		
	 EXHIBIT A-4
	  			
	 FORM OF 4.600% SENIOR NOTE DUE 2040
	  			
		
	 EXHIBIT A-5
	  			
	 FORM OF 4.750% SENIOR NOTE DUE 2050
	  			
		
	 EXHIBIT A-6
	  			
	 FORM OF 4.950% SENIOR NOTE DUE 2060
	  			

  
 ii 

 SIXTEENTH SUPPLEMENTAL INDENTURE, dated as of March 25, 2020 (this
“Supplemental Indenture”), to the Indenture dated as of March 29, 2006 (as amended by the First Supplemental Indenture (as defined below) and as amended, modified or supplemented from time to time in accordance therewith, other
than with respect to a particular series of debt securities, the “Base Indenture” and, as amended, modified and supplemented by this Supplemental Indenture, the “Indenture”), by and between INTEL CORPORATION
(the “Company”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, as trustee (the “Trustee”). 
 Each party
agrees as follows for the benefit of the other party and for the equal and ratable benefit of the Holders of the Notes: 
 WHEREAS, the
Company has duly authorized the execution and delivery of the Base Indenture to provide for the issuance from time to time of senior debt securities to be issued in one or more series as provided in the Base Indenture; 

WHEREAS, the Company has duly authorized the execution and delivery, and desires and has requested the Trustee to join it in the execution and
delivery, of this Supplemental Indenture in order to establish and provide for the issuance by the Company of a series of Securities designated as its 3.400% Senior Notes due 2025 (the “2025 Notes”), a series of Securities
designated as its 3.750% Senior Notes due 2027 (the “2027 Notes”), a series of Securities designated as its 3.900% Senior Notes due 2030 (the “2030 Notes”), a series of Securities designated as its 4.600% Senior
Notes due 2040 (the “2040 Notes”), a series of Securities designated as its 4.750% Senior Notes due 2050 (the “2050 Notes”) and a series of Securities designated as its 4.950% Senior Notes due 2060 (the
“2060 Notes” and, together with the 2025 Notes, the 2027 Notes, the 2030 Notes, the 2040 Notes and the 2050 Notes, the “Notes”), on the terms set forth herein; 

WHEREAS, the Trustee was appointed as successor trustee under the Base Indenture in connection with that certain first supplemental indenture
as of December 3, 2007, between the Company and the Trustee (the “First Supplemental Indenture”); 
 WHEREAS, Article
9 of the Base Indenture provides that a supplemental indenture may be entered into by the parties to establish the terms of new Securities without the consent of any Holders; 

WHEREAS, the conditions set forth in the Base Indenture for the execution and delivery of this Supplemental Indenture have been met; and 

WHEREAS, all things necessary to make this Supplemental Indenture a valid and binding agreement of the parties, in accordance with its terms,
and a valid amendment of, and supplement to, the Base Indenture with respect to the Notes have been done; 

 NOW, THEREFORE: 

I. 
 DEFINITIONS
AND OTHER PROVISIONS OF GENERAL APPLICATION 

A. Definitions. Capitalized terms used herein and not otherwise defined herein have the meanings assigned to them in
the Base Indenture. The words “herein”, “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular section
hereof. 
 As used herein, the following terms have the specified meanings: 

“2025 Notes” has the meaning specified in the recitals of this Supplemental Indenture. 

“2027 Notes” has the meaning specified in the recitals of this Supplemental Indenture. 

“2030 Notes” has the meaning specified in the recitals of this Supplemental Indenture. 

“2040 Notes” has the meaning specified in the recitals of this Supplemental Indenture. 

“2050 Notes” has the meaning specified in the recitals of this Supplemental Indenture. 

“2060 Notes” has the meaning specified in the recitals of this Supplemental Indenture. 

“Additional Notes” has the meaning specified in Section 3.04 of this Supplemental Indenture. 

“Applicable Par Call Date” means with respect to the (i) 2025 Notes, February 25, 2025, (ii) 2027
Notes, January 25, 2027, (iii) 2030 Notes, December 25, 2029, (iv) 2040 Notes, September 25, 2039, (v) 2050 Notes, September 25, 2049 and (vi) 2060 Notes, September 25, 2059. 

“Base Indenture” has the meaning specified in the recitals of this Supplemental Indenture. 

“Business Day” when used with respect to any Note, means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a
day on which banking institutions in New York, New York (or such other Place of Payment as may be subsequently specified by the Company) are authorized or obligated by law or executive order to close. 

  
 2 

 “Company” means the corporation specified as the “Company” in the
recitals of this Supplemental Indenture until a successor Person shall have become such pursuant to the applicable provisions of the Indenture, and thereafter “Company” shall mean such successor Person. 

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having
an actual or interpolated maturity comparable to the Remaining Term of the applicable Notes to be redeemed pursuant to Section 4.01 that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing
new issues of corporate debt securities of comparable maturity to the Remaining Term of such Notes. 
 “Comparable Treasury
Price” means, with respect to any Redemption Date pursuant to Section 4.01 hereof, (1) the arithmetic average of the applicable Reference Treasury Dealer Quotations for such Redemption Date after excluding the highest and lowest
such Reference Treasury Dealer Quotations, or (2) if the Company obtains fewer than four applicable Reference Treasury Dealer Quotations, the arithmetic average of all applicable Reference Treasury Dealer Quotations for such Redemption Date.

 “Corporation” means, for purposes of Section 801 of the Base Indenture as applied to the Notes, any corporation and
not any other form of business entity. 
 “Depositary” means The Depository Trust Company, a New York corporation, or any
successor. References in the Base Indenture to “U.S. Depository” or “Depository” shall be deemed to refer to “Depositary” as defined in this Supplemental Indenture. 

“First Supplemental Indenture” has the meaning specified in the recitals of this Supplemental Indenture. 

“Global Security” means, with respect to any series of Notes, a Security executed by the Company and delivered by the Trustee
to the Depositary or pursuant to a safekeeping agreement with the Depositary, all in accordance with the Indenture, which shall be registered in global form without interest coupons in the name of the Depositary or its nominee. References to
“global Security” in the Base Indenture shall be deemed to refer to “Global Security” as defined in this Supplemental Indenture. 

“Indenture” has the meaning specified in the recitals of this Supplemental Indenture. 

“Independent Investment Banker” means one of the Reference Treasury Dealers appointed by the Company from time to time to act
in such capacity. 
 “Initial 2025 Notes” has the meaning set forth in Section 3.01(b). 

“Initial 2027 Notes” has the meaning set forth in Section 3.01(b). 

“Initial 2030 Notes” has the meaning set forth in Section 3.01(b). 

“Initial 2040 Notes” has the meaning set forth in Section 3.01(b). 

  
 3 

 “Initial 2050 Notes” has the meaning set forth in Section 3.01(b).

 “Initial 2060 Notes” has the meaning set forth in Section 3.01(b). 

“Initial Notes” has the meaning set forth in Section 3.01(b). 

“Notes” has the meaning specified in the recitals of this Supplemental Indenture. 

“Notice of Default” has the meaning specified in Section 5.01(c). 

“Officer’s Certificate” means a certificate signed on behalf of the Company by chairman of the Board of Directors, chief
executive officer, chief financial officer, principal accounting officer, treasurer, president, any vice president, controller, secretary, any assistant secretary or general counsel of the Company. For purposes of the Notes (and the Indenture as
applicable to the Notes), all references in the Base Indenture to “Officers’ Certificate” shall be deemed to refer to “Officer’s Certificate” as defined in this Supplemental Indenture. 

“Primary Treasury Dealer” means a primary U.S. Government securities dealer in the United States of America. 

“Property” means any property or asset, whether real, personal or mixed, or tangible or intangible, including shares of
capital stock. 
 “Reference Treasury Dealer” means (1) BofA Securities, Inc., Goldman Sachs & Co. LLC and
J.P. Morgan Securities LLC, and each of their respective successors; provided, however, that if any of the foregoing ceases to be a Primary Treasury Dealer, the Company will substitute another Primary Treasury Dealer and (2) any
other Primary Treasury Dealers selected by the Company. 
 “Reference Treasury Dealer Quotations” means, with respect to
each Reference Treasury Dealer and any Redemption Date, the arithmetic average, as determined by the Company, of the bid and asked prices for the applicable Comparable Treasury Issue (expressed in each case as a percentage of its principal amount)
quoted in writing to the Company by such Reference Treasury Dealer as of 5:00 p.m., New York City time, on the third Business Day preceding such Redemption Date. 

“Remaining Scheduled Payments” means, with respect to any Note to be redeemed, the remaining scheduled payments
of the principal thereof and interest thereon that would be due after the related Redemption Date but for such redemption (assuming such Note matured on the Applicable Par Call Date); provided, however, that, if such Redemption Date is
not an Interest Payment Date with respect to such Note, the amount of the next scheduled interest payment thereon will be reduced by the amount of interest accrued thereon to such Redemption Date. 

“Remaining Term” means, with respect to any Note to be redeemed pursuant to Section 4.01, the period from the relevant
Redemption Date to the Applicable Par Call Date. 

  
 4 

 “Supplemental Indenture” has the meaning specified in the recitals of this
Supplemental Indenture. 
 “Treasury Rate” means, with respect to any Redemption Date pursuant to Section 4.01 hereof,
the rate per annum equal to the semi-annual equivalent yield to maturity (computed as of the third Business Day immediately preceding that Redemption Date) of the applicable Comparable Treasury Issue. In determining this rate, the Company will
assume a price for the applicable Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the applicable Comparable Treasury Price for such Redemption Date. 

B. Conflicts with Base Indenture. In the event that any provision of this Supplemental Indenture limits, qualifies or
conflicts with a provision of the Base Indenture, such provision of this Supplemental Indenture shall control. 
 II. 

FORM OF NOTES 

A. Form of Notes. The Notes shall be substantially in the forms of Exhibit A-1,
Exhibit A-2, Exhibit A-3, Exhibit A-4, Exhibit A-5 and Exhibit A-6 hereto, which are hereby incorporated in and expressly made a part of the Indenture. 
 III. 

THE NOTES 

A. Amount; Series. 1. There is hereby created and designated six series of Securities under the Base Indenture:
the title of the 2025 Notes shall be “3.400% Senior Notes due 2025;” the title of the 2027 Notes shall be “3.750% Senior Notes due 2027;” the title of the 2030 Notes shall be “3.900% Senior Notes due 2030;” the title of
the 2040 Notes shall be “4.600% Senior Notes due 2040;” the title of the 2050 Notes shall be “4.750% Senior Notes due 2050;” and the title of the 2060 Notes shall be “4.950% Senior Notes due 2060.” The changes,
modifications and supplements to the Base Indenture effected by this Supplemental Indenture shall be applicable only with respect to, and govern the terms of, the Notes and shall not apply to any other series of Securities that may be issued under
the Base Indenture unless a supplemental indenture with respect to such other series of Securities specifically incorporates such changes, modifications and supplements. 

2. The aggregate principal amount of 2025 Notes that initially may be authenticated and delivered under this Supplemental
Indenture (the “Initial 2025 Notes”) shall be limited to $1,500,000,000, the aggregate principal amount of 2027 Notes that initially may be authenticated and delivered under this Supplemental Indenture (the
“Initial 2027 Notes”) shall be limited to $1,000,000,000, the aggregate principal amount of 2030 Notes that initially may be authenticated and 

  
 5 

 
delivered under this Supplemental Indenture (the “Initial 2030 Notes”) shall be limited to $1,500,000,000, the aggregate principal amount of 2040 Notes that initially may be
authenticated and delivered under this Supplemental Indenture (the “Initial 2040 Notes”) shall be limited to $750,000,000, the aggregate principal amount of 2050 Notes that initially may be authenticated and delivered under this
Supplemental Indenture (the “Initial 2050 Notes”) shall be limited to $2,250,000,000 and the aggregate principal amount of 2060 Notes that initially may be authenticated and delivered under this Supplemental Indenture (the
“Initial 2060 Notes” and together with the Initial 2025 Notes, the Initial 2027 Notes, the Initial 2030 Notes, the Initial 2040 Notes and the Initial 2050 Notes, the “Initial Notes”) shall be limited to
$1,000,000,000, subject, in each case, to increase as set forth in Section 3.04. 
 3. The Stated Maturity of the 2025
Notes shall be March 25, 2025, the Stated Maturity of the 2027 Notes shall be March 25, 2027, the Stated Maturity of the 2030 Notes shall be March 25, 2030, the Stated Maturity of the 2040 Notes shall be March 25, 2040, the
Stated Maturity of the 2050 Notes shall be March 25, 2050 and the Stated Maturity of the 2060 Notes shall be March 25, 2060. The Notes shall be payable and may be presented for payment, purchase, redemption, registration of transfer and
exchange, without service charge, at the office of the Company maintained for such purpose in Minneapolis, Minnesota, which shall initially be the office or agency of the Trustee. 

4. The 2025 Notes shall bear interest at the rate of 3.400% per annum, the 2027 Notes shall bear interest at the rate of 3.750%
per annum, the 2030 Notes shall bear interest at the rate of 3.900% per annum, the 2040 Notes shall bear interest at the rate of 4.600% per annum, the 2050 Notes shall bear interest at the rate of 4.750% per annum and the 2060 Notes shall bear
interest at the rate of 4.950% per annum, in each case beginning on March 25, 2020 or from the most recent date to which interest has been paid or duly provided for, as further provided in the forms of Note annexed hereto as Exhibit A-1, Exhibit A-2, Exhibit A-3, Exhibit A-4, Exhibit A-5
and Exhibit A-6, respectively. Interest shall be computed on the basis of a 360-day year composed of twelve 30-day months. The
Interest Payment Dates for the Notes shall be March 25 and September 25 of each year, beginning on September 25, 2020, and the Regular Record Date for any interest payable on each such Interest Payment Date shall be the immediately
preceding March 11 and September 11, respectively. If any Interest Payment Date, Stated Maturity or other payment date with respect to the Notes is not a Business Day, the required payment of principal, premium, if any, or interest will be
due on the next succeeding Business Day as if made on the date that such payment was due, and no interest will accrue on that payment for the period from and after that Interest Payment Date, Stated Maturity or other payment date, as the case may
be, to the date of that payment on the next succeeding Business Day. 

  
 6 

 5. The Notes of each series will be issued in the form of one or more Global
Securities, deposited with the Trustee as custodian for the Depositary or its nominee, duly executed by the Company and authenticated by the Trustee as provided in Section 3.03 and the Base Indenture. 

6. The Company shall pay the principal of any definitive Notes at the Office or Agency designated by the Company for that
purpose under the Indenture. Interest on any definitive Notes shall be payable, at the Company’s option (a) by check mailed to the Holders of such Notes at their address in the Security Register and (b) upon application to the
Registrar, not later than the relevant Regular Record Date, by a Holder having an aggregate principal amount of definitive Notes of at least $1,000,000, by wire transfer in immediately available funds to that Holder’s account within the United
States, which application shall remain in effect until that Holder notifies, in writing, the Registrar to the contrary. 
 B.
Denominations. The Notes of each series shall be issuable only in registered form without coupons and only in denominations of $2,000 and any multiple of $1,000 in excess thereof. 

C. Book-entry Provisions for Global Securities. 1. Subject to Section 1.02 hereof, the provisions of Articles
2 and 3 of the Base Indenture, as supplemented by the provisions of this Supplemental Indenture, shall apply to the Notes. 

2. Each Global Security authenticated under the Indenture shall be registered in the name of the Depositary designated for such
Global Security or a nominee thereof and delivered to such Depositary or nominee thereof or custodian therefor. Each such Global Security shall constitute a single Security for all purposes of the Indenture. 

3. Notwithstanding any other provision in the Indenture, no Global Security may be exchanged in whole or in part for Notes
registered, and no transfer of a Global Security in whole or in part may be registered, in the name of any Person other than the Depositary for such Global Security or a nominee thereof unless (1) such Depositary a) has notified the
Company that it is unwilling or unable to continue as Depositary for such Global Security and no successor Depositary has been appointed within 90 days after such notice or b) ceases to be a “clearing agency” registered under
Section 17A of the Exchange Act when the Depositary is required to be so registered to act as the Depositary and so notifies the Company, and no successor Depositary has 

  
 7 

 
been appointed within 90 days after such notice, (2) the Company determines at any time that the Notes shall no longer be represented by Global Securities and shall inform such Depositary of
such determination and participants in such Depositary elect to withdraw their beneficial interests in the Notes from such Depositary, following notification by the Depositary of their right to do so, or (3) such exchange is made upon request
by or on behalf of the Depositary in accordance with customary procedures, following the request of a Holder seeking to exercise or enforce its rights under the Notes during the continuance of an Event of Default. 

4. Subject to clause (c) above, any exchange of a Global Security for other Notes may be made in whole or in part, and all
Notes issued in exchange for a Global Security or any portion thereof shall be registered in such names as the Depositary for such Global Security shall direct in writing to the Trustee. 

5. Every Note authenticated and delivered upon registration of transfer of, or in exchange for or in lieu of, a Global Security
or any portion thereof shall be authenticated and delivered in the form of, and shall be, a Global Security, unless such Note is registered in the name of a Person other than the Depositary for such Global Security or a nominee thereof. 

6. Subject to the provisions of clause (h) below, the registered Holder may grant proxies and otherwise authorize any
Person, including Agent Members (as defined below in clause (h)) and Persons that may hold interests through Agent Members, to take any action which a Holder is entitled to take under the Indenture or the Notes. 

7. In the event of the occurrence of any of the events specified in clause (c) above, the Company will promptly make
available to the Trustee a reasonable supply of certificated Notes in definitive, fully registered form, without interest coupons. 

8. Neither any members of, or participants in, the Depositary (collectively, the “Agent Members”) nor any
other Persons on whose behalf Agent Members may act shall have any rights under the Indenture with respect to any Global Security registered in the name of the Depositary or any nominee thereof, or under any such Global Security, and the Depositary
or such nominee, as the case may be, may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner and holder of such Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing
herein shall prevent the Company or the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary or such nominee, as the case may be, or impair, as
between the Depositary, its Agent Members and any other Person on whose behalf an Agent Member may act, the operation of customary practices of such Persons governing the exercise of the rights of a Holder of any Note. 

  
 8 

 D. Additional Notes. The Company may, from time to time, subject to
compliance with any other applicable provisions of the Indenture, without notice to or the consent of the Holders of the Notes, create and issue pursuant to the Indenture additional Notes (“Additional Notes”) having terms and
conditions set forth in Exhibit A-1, Exhibit A-2, Exhibit A-3, Exhibit A-4, Exhibit A-5 and Exhibit A-6, as applicable, identical to those of the other Notes of such series, except that Additional Notes of a
series: 
 (a) may have a different issue date from other Outstanding Notes of such series; 

(b) may have a different issue price from other Outstanding Notes of such series; and 

(c) may have a different amount of interest payable on the first Interest Payment Date after issuance than is payable on other
Outstanding Notes of such series; 
 provided that if such Additional Notes are not fungible with the applicable series of Initial Notes for U.S.
federal income tax purposes, such Additional Notes will have one or more separate CUSIP numbers. Such Additional Notes may be consolidated and form a single series with, and will have the same terms as to ranking, redemption, waivers, amendments or
otherwise, as the applicable series of Notes, and will vote together as one class on all matters with respect to such series of Notes. 

E. Execution, Authentication, Delivery and Dating. Section (1) of Section 303 of the Base Indenture shall not
apply to the Notes, and the following shall apply in lieu thereof: 
  

	 	(1)	 an Opinion of Counsel to the effect that: 

 

	 	(a)	 the execution of this Supplemental Indenture is authorized or permitted by the Base Indenture; and

  

	 	(b)	 the conditions set forth in the Base Indenture to the execution of this Indenture, the issuance, delivery and
authentication of the Notes have been satisfied; and 

 IV. 

REDEMPTION OF SECURITIES 

A. Optional Redemption. 1. Subject to Section 1.02 hereof, the provisions of Article 11 of the Base
Indenture, as supplemented by the provisions of this Supplemental Indenture, shall apply to the Notes. 

  
 9 

 IV. 

REDEMPTION OF SECURITIES 

A. Optional Redemption. 1. Subject to Section 1.02 hereof, the provisions of Article 11 of the Base
Indenture, as supplemented by the provisions of this Supplemental Indenture, shall apply to the Notes. 
 2. At any time and
from time to time, the Notes of any series shall be redeemable, as a whole or in part, at the Company’s option. The Redemption Price for any Notes redeemed prior to the Applicable Par Call Date will equal the greater of (a) 100% of the
aggregate principal amount of the Notes to be redeemed or (b) the sum, as determined by the Independent Investment Banker based on the Reference Treasury Dealer Quotations, of the present values of the Remaining Scheduled Payments, discounted
to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using a discount rate equal to the Treasury Rate plus 45 basis
points, in the case of the 2025 Notes, 50 basis points, in the case of the 2027 Notes, 50 basis points, in the case of the 2030 Notes, 50 basis points, in the case of the 2040 Notes, 50 basis points, in the case of the 2050 Notes and 50 basis
points, in the case of the 2060 Notes, plus, in the case of each of clause (i) or (ii), accrued and unpaid interest thereon to, but not including, the Redemption Date for such Notes. On or after the Applicable Par Call Date, the Redemption
Price will equal 100% of the aggregate principal amount of the 2025 Notes, the 2027 Notes, the 2030 Notes, the 2040 Notes, the 2050 Notes or the 2060 Notes, as the case may be, to be redeemed, plus accrued and unpaid interest thereon to, but not
including, the Redemption Date for such Notes. 
 3. On and after the Redemption Date for a series of Notes, interest will
cease to accrue on such Notes or any portion thereof called for redemption, unless the Company defaults in the payment of the Redemption Price and accrued interest, if any. On or before the Redemption Date for any Notes, the Company shall deposit
with the Trustee or a Paying Agent, funds sufficient to pay the Redemption Price of the Notes to be redeemed on the Redemption Date. If less than all of the Notes of a series are to be redeemed, the Notes to be redeemed shall be selected by the
Trustee by lot, on a pro-rata basis or by such method as the Trustee deems fair and appropriate and subject, in the case of Notes represented by Global Securities, to the applicable procedures of the
Depositary; provided, however that in no event, shall Notes of a principal amount of $2,000 or less be redeemed in part. The Company need not issue, authenticate, register the transfer of or exchange any Notes or portions thereof for a period
of fifteen (15) days before the electronic delivery or mailing of a notice of redemption, nor need the Company register the transfer or exchange of any Note selected for redemption in whole or in part. 

4. Notice of any redemption pursuant to this Section 4.01 shall be electronically delivered or mailed at least
10 days but in each case not more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed. Such notice shall state the Redemption Price (if known) or the formula pursuant to which the Redemption Price is to be
determined if the Redemption Price cannot be determined at the time the notice is given. If the Redemption Price cannot be determined at the time such 

  
 10 

 
notice is to be given, the actual Redemption Price, calculated as described above in clause (b), shall be set forth in an Officer’s Certificate delivered to the Trustee no later than
two Business Days prior to the Redemption Date. Notice of redemption having been given as provided in the Indenture, the Notes called for redemption shall become due and payable on the Redemption Date and at the applicable Redemption Price. 

5. Notice of any redemption of Notes pursuant to this Section 4.01 may, at the Company’s discretion, be given subject
to one or more conditions precedent, including, but not limited to, completion of a corporate transaction that is pending (such as an equity or equity-linked offering, an incurrence of indebtedness or an acquisition or other strategic transaction
involving a change of control in the Company or another entity). If such redemption is so subject to satisfaction of one or more conditions precedent, such notice shall describe each such condition, and such notice may be rescinded in the event that
any or all such conditions shall not have been satisfied or otherwise waived on or prior to the Business Day immediately preceding the relevant Redemption Date. 

6. The Company shall notify Holders of any such rescission as soon as practicable after it determines that such conditions
precedent will not be able to be satisfied or the Company shall not be able or willing to waive such conditions precedent. Once notice of redemption is mailed or sent, subject to the satisfaction of any conditions precedent provided in the notice of
redemption, the Notes called for redemption will become due and payable on the Redemption Date and at the applicable Redemption Price as set forth in this Section 4.01. 

V. 
 EVENTS
OF DEFAULT AND REMEDIES 
 A. Events of Default.
Section 501 of the Base Indenture shall not apply to the Notes. Each of the following events shall constitute an “Event of Default” with respect to a series of Notes: 

1. default in the payment of the principal of or premium (if any) on any Note of such series when due and payable at its Stated
Maturity, upon redemption, acceleration or otherwise; 
 2. default in the payment of any interest upon any Note of such
series when it becomes due and payable (if the time of payment has not been extended or deferred), and continuance of such default for a period of 30 days; 

  
 11 

 3. default in the performance, or breach, of any covenant of the Company in
the Indenture (other than a covenant a default in whose performance or whose breach is elsewhere in this Section 5.01 specifically dealt with), and continuance of such default or breach for a period of 90 days after there has been given, by
registered or certified mail, or overnight delivery service to the Company by the Trustee or to the Company and the Trustee by the Holders of at least 25% in aggregate principal amount of the Outstanding Notes, a written notice specifying such
default or breach and stating that such notice is a “Notice of Default” under the Indenture; 
 4. the entry
by a court having jurisdiction in the premises of (a) a decree or order for relief in respect of the Company in an involuntary case or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law
or (b) a decree or order adjudging the Company as bankrupt or insolvent, or approving as properly filed a petition seeking reorganization, arrangement, adjustment or composition of or in respect of the Company under any applicable Federal or
State law, or appointing a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or of any substantial part of its Property, or ordering the winding up or liquidation of its affairs, and the
continuance of any such decree or order for relief or any such other decree or order unstayed and in effect for a period of 60 consecutive days; and 

5. the commencement by the Company of a voluntary case or proceeding under any applicable Federal or State bankruptcy,
insolvency, reorganization or other similar law or of any other case or proceeding to be adjudicated as bankrupt or insolvent, or the consent by it to the entry of a decree or order for relief in respect of the Company in an involuntary case or
proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law or to the commencement of any bankruptcy or insolvency case or proceeding against it, or the filing by it of a petition or answer or consent
seeking reorganization or relief under any applicable Federal or State law, or the consent by it to the filing of such petition or to the appointment of or taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrator or
other similar official of the Company or of any substantial part of its Property, or the making by it of an assignment for the benefit of creditors, or the admission by it in writing of its inability to pay its debts generally as they become due, or
the taking of corporate action by the Company in furtherance of any such action. 
 B. Acceleration Of Maturity;
Rescission And Annulment. The first paragraph of Section 502 of the Base Indenture shall not apply to the Notes, and the following shall apply in lieu thereof. If an Event of Default occurs and is continuing with respect to a series of
Notes, then and in every such case except as provided below, the Trustee or the Holders of not less than 25% in aggregate principal amount of the Outstanding Notes of such series may declare the 

  
 12 

 
principal amount of all such Notes, plus accrued and unpaid interest, if any, to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given by Holders),
and upon any such declaration such principal amount shall become immediately due and payable. However, upon an Event of Default arising out of Section 5.01(d) or Section 5.01(e), the principal amount of all Outstanding Notes, plus accrued
and unpaid interest to the acceleration date, shall be due and payable immediately without notice from the Trustee or Holders. 
 At any
time after such a declaration of acceleration with respect to Notes of a series has been made, but before a judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter in the Indenture provided, the Holders of a
majority in aggregate principal amount of the Outstanding Notes of such series, by written notice to the Company and the Trustee, may rescind and annul such declaration and its consequences as provided in Section 502 of the Base Indenture. No
such rescission shall affect any subsequent default or impair any right consequent thereon. 
 C. References In Base
Indenture. References to “Section 501,” “Section 501(4),” “Section 501(5),” “Section 501(6)” and Section 501(7) in the Base Indenture shall be deemed to refer to Section 5.01,
Section 5.01(c), Section 5.01(d), Section 5.01(e) and Section 5.01 of this Supplemental Indenture, respectively. 

D. Waiver Of Certain Covenants. Section 1006 of the Base Indenture shall not apply to the Notes. 

VI. 
 SUPPLEMENTAL
INDENTURES 
 A. Applicability Of Base Indenture. Sections 901 and 902 of the Base Indenture shall not
apply to the Notes. Sections 6.02 and 6.03 of this Supplemental Indenture shall apply in lieu thereof, and references in the Base Indenture to Sections 901 and 902 shall be deemed to refer to Section 6.02 and Section 6.03, respectively.

 B. Supplemental Indentures Without Consent Of Holders. The Company and the Trustee may amend the Indenture or the
Notes or enter into an indenture supplemental hereto without notice to or the consent of any Holder to: 
 1. cure
ambiguities, omissions, defects or inconsistencies as evidenced by an Officer’s Certificate; 
 2. make any change that
would provide any additional rights or benefits to the Holders of the Notes of a series; 
 3. provide for or add guarantors
with respect to the Notes of any series; 
 4. secure the Notes of any series; 

  
 13 

 5. provide for uncertificated Notes of any series in addition to or in place
of certificated Notes of the applicable series; 
 6. evidence and provide for the acceptance of appointment by a successor
Trustee; 
 7. provide for the assumption by a successor corporation of the Company’s obligations to the Holders of the
Notes of any series, in compliance with the applicable provisions of the Indenture; 
 8. maintain the qualification of the
Indenture under the Trust Indenture Act; or 
 9. make any change that does not adversely affect the rights of any Holder of
Notes in any material respect. 
 The Trustee is hereby authorized to join with the Company in the execution of any such amendment or
supplemental indenture, to make any further appropriate agreements and stipulations which may be therein contained and to accept the conveyance, transfer, assignment, mortgage or pledge of any Property thereunder, but the Trustee shall not be
obligated to enter into any such amendment or supplemental indenture which affects the Trustee’s own rights, duties or immunities under the Indenture or otherwise. 

Any amendment or supplemental indenture authorized by the provisions of this section may be executed without notice to and without the consent
of the Holders of any of the Notes at the time Outstanding, notwithstanding any of the provisions of Section 6.03. 
 C.
Supplemental Indentures With Consent Of Holders. 
 1. With the consent (evidenced as provided in Article 1 of the
Base Indenture) of the Holders of not less than a majority in aggregate principal amount of all series of Securities (including the Notes) at the time Outstanding affected (voting together as a single class), the Company, when authorized by a Board
Resolution, and the Trustee may, from time to time and at any time, enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture
or of any supplemental indenture or of modifying in any manner the rights of the Holders of the Notes and the Holders of not less than a majority in aggregate principal amount of all series of Securities (including the Notes) at such time
Outstanding affected (voting together as a single class) may waive, with respect to each such series affected by such waiver, future compliance by the Company with a provision of the Indenture or the Notes. 

  
 14 

 2. Notwithstanding the provisions of paragraph (a), without the consent of
each affected Holder of Notes, an amendment, supplement or waiver may not: 
 (a) reduce the principal amount, extend the
fixed maturity, or alter or waive the redemption provisions of the Notes; 
 (b) impair the right of any Holder of the Notes
to receive payment of principal, premium or interest on the Notes on and after the due dates for such principal, premium or interest; 

(c) change the Currency in which principal, any premium or interest is paid; 

(d) reduce the percentage in principal amount Outstanding of Notes of any series which must consent to an amendment,
supplement or waiver or consent to take any action; 
 (e) impair the right to institute suit for the enforcement of any
payment on the Notes; 
 (f) waive a payment default with respect to the Notes or any future guarantor of a series of Notes;

 (g) reduce the interest rate or extend the time for payment of interest on the Notes; or 

(h) adversely affect the ranking of the Notes of any series. 

It shall not be necessary for the consent of the Holders under this section to approve the particular form of any proposed supplemental
indenture, but it shall be sufficient if such consent shall approve the substance thereof. Promptly after the execution by the Company and the Trustee of any supplemental indenture pursuant to this Section 6.03, the Company shall transmit to
the Holders of Outstanding Notes of any series affected thereby a notice setting forth the substance of such supplemental indenture. 
 VII.

 MISCELLANEOUS 

A. Sinking Funds. Article 12 of the Base Indenture shall have no application. The Notes shall not have the benefit of a
sinking fund. 
 B. Confirmation of Indenture. The Base Indenture, as supplemented and amended by this Supplemental
Indenture and all other indentures supplemental thereto, is in all respects ratified and confirmed, and the Base Indenture, this Supplemental Indenture and all indentures supplemental thereto shall be read, taken and construed as one and the same
instrument. 

  
 15 

 C. Counterparts. The parties hereto may sign one or more copies of
this Supplemental Indenture in counterparts, all of which together shall constitute one and the same agreement. The exchange of copies of this Supplemental Indenture and of signature pages by facsimile or PDF transmission shall constitute effective
execution and delivery of this Supplemental Indenture as to the parties hereto and may be used in lieu of the original Supplemental Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be
their original signatures for all purposes. 
 D. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK (WITHOUT GIVING EFFECT TO THE CONFLICT OF LAWS PRINCIPLES THEREOF). 

E. Waiver of Jury Trial. EACH OF THE COMPANY AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED
BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THE INDENTURE, THE NOTES, ANY OTHER OUTSTANDING SECURITIES ISSUED UNDER THE BASE INDENTURE OR THE TRANSACTIONS CONTEMPLATED HEREBY OR
THEREBY. 

  
 16 

 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed as of the day and year first written above. 
  

			
	INTEL CORPORATION
		
	By:	 	 /s/ Gary Kershaw

		 	Name: Gary Kershaw
		 	Title: Vice President and Assistant Treasurer

 [Trustee Signature Follows] 

  
 [Signature Page to
Supplemental Indenture] 

 
			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
		
	By:	 	 /s/ Maddy Hughes

		 	Name: Maddy Hughes
		 	Title: Vice President

  
 [Signature Page to
Supplemental Indenture] 

 EXHIBIT A-1 

FORM OF 3.400% SENIOR NOTE DUE 2025 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY
OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, AND NO SUCH TRANSFER MAY BE
REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL SECURITY SUBJECT TO THE
FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 
 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS A BENEFICIAL INTEREST HEREIN. 
 TRANSFERS OF THIS NOTE ARE
LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE TRANSFER PROVISIONS
OF THE INDENTURE. 
 IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH CERTIFICATES AND
OTHER INFORMATION AS SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS. 

  
 Exhibit A-1-1 

 INTEL CORPORATION 

3.400% Senior Notes due 2025 
  

			
	No. R-[●]	 	CUSIP No.: 458140 BP4
		 	ISIN No.: US458140BP43
		 	$[●]

 INTEL CORPORATION, a Delaware corporation (the “Company”), for value received promises to pay
to CEDE & CO. or registered assigns the principal sum of [•] ($[•]) on March 25, 2025. 
 Interest Payment Dates:
March 25 and September 25 (each, an “Interest Payment Date”), commencing on September 25, 2020. 
 Interest
Record Dates: March 11 and September 11 (each, a “Regular Record Date”). 
 Reference is made to the further
provisions of this Note contained herein, which will for all purposes have the same effect as if set forth at this place. 

  
 Exhibit A-1-2 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	INTEL CORPORATION
		
	By:	 	  

		 	Name: Gary Kershaw
		 	Title: Vice President and Assistant Treasurer

 [Signature Page to Note] 

  
 Exhibit A-1-3 

 This is one of the Notes of the series designated herein and referred to in the
within-mentioned Indenture. 
 Dated: March 25, 2020 

 

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
		
	By:	 	  

		 	Authorized Signatory

  
 Exhibit A-1-4 

 (REVERSE OF NOTE) 

INTEL CORPORATION 
 3.400% Senior
Notes due 2025 
 1. Interest. 

Intel Corporation (the “Issuer”) promises to pay interest on the principal amount of this Note at the rate per annum described
above. Cash interest on the Notes will accrue from the most recent date to which interest has been paid; or, if no interest has been paid, from March 25, 2020. Interest on this Note will be paid to but excluding the relevant Interest Payment
Date or on such earlier date as the principal amount shall become due in accordance with the provisions hereof. The Issuer will pay interest semi-annually in arrears on each Interest Payment Date, beginning on September 25, 2020. If any
Interest Payment Date, Stated Maturity or other payment date with respect to the Notes is not a Business Day, the required payment of principal, premium, if any, or interest will be due on the next succeeding Business Day as if made on the date that
such payment was due, and no interest will accrue on that payment for the period from and after that Interest Payment Date, Stated Maturity or other payment date, as the case may be, to the date of that payment on the next succeeding Business Day.
Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months. 

The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the Notes and at the same rate on overdue
installments of interest (without regard to any applicable grace periods) to the extent lawful from the dates such amounts are due until such amounts are paid or made available for payment. 

2. Paying Agent. 

Initially, Wells Fargo Bank, National Association (the “Trustee”) will act as Paying Agent. The Issuer may change any Paying
Agent without notice to the Holders. 
 3. Indenture; Defined Terms. 

This Note is one of the 3.400% Senior Notes due 2025 (the “Notes”) issued under the Indenture dated as of March 29,
2006, as amended by the First Supplemental Indenture dated as of December 3, 2007 (together, the “Base Indenture”) and, as amended, modified and supplemented by the Sixteenth Supplemental Indenture dated as of March 25,
2020 (the “Sixteenth Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), by and between the Issuer and the Trustee, as trustee. This Note is a “Security” and the Notes are
“Securities” under the Indenture. Each series of Securities issued under the Sixteenth Supplemental Indenture (together with any other Securities thereafter issued and included in any such series) is referred to herein as an “Other
Series of March 2020 Notes” and, together with the Notes, as the “March 2020 Notes.” 

  
 Exhibit A-1-5 

 For purposes of this Note, unless otherwise defined herein, capitalized terms herein are
used as defined in the Indenture. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb) (the “TIA”) as in
effect on the date on which the Indenture was qualified under the TIA. Notwithstanding anything to the contrary herein, the Notes are subject to all such terms, and Holders of Notes are referred to the Indenture and the TIA for a statement of them.
To the extent the terms of the Indenture and this Note are inconsistent, the terms of the Indenture shall govern. 
 4. Denominations;
Transfer; Exchange. 
 The Notes are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess
thereof. A Holder shall register the transfer or exchange of Notes in accordance with the Indenture. The Issuer may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or
similar governmental charges payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer of or exchange any Notes or portions thereof for a period of fifteen (15) days before the
electronic delivery or mailing of a notice of redemption, nor need the Issuer register the transfer or exchange of any Note selected for redemption in whole or in part. 

5. Amendment; Modification; Waiver. 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Issuer and the rights of the Holders of each series of March 2020 Notes affected under the Indenture at any time by the Issuer and the Trustee with the consent of the Holders of not less than a majority in aggregate principal amount of the
Securities at the time Outstanding of all series of Securities affected thereby. The Indenture contains provisions permitting the Holders of not less than a majority in principal amount of the Securities of a series at the time Outstanding with
respect to which a default under the Indenture shall have occurred and be continuing, on behalf of the Holders of all Securities of such series, to waive, with certain exceptions, such past default with respect to such series and its consequences.
The Indenture also permits the Holders of not less than a majority in aggregate principal amount of all series of Securities (including the March 2020 Notes) at the time Outstanding affected (voting together as a single class), on behalf of the
Holders of all such Securities, to waive future compliance by the Issuer with certain provisions of the Indenture. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of
this Note and of any Security issued upon the registration of transfer hereof or in exchange therefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note. Without notice to or consent of any Holder, the
Indenture also permits the amendment or supplement thereof to, among other things, cure any ambiguity, defect or inconsistency or comply with any requirements of the Commission in connection with qualifications of the Indenture under the TIA, or
make any other change that does not adversely affect the rights of Holders in any material respect. 

  
 Exhibit A-1-6 

 6. Optional Redemption. 

The Issuer may redeem the Notes in whole or in part, at its option, at any time or from time to time prior to Maturity (the date of such
redemption, the “Redemption Date”). The Redemption Price prior to February 25, 2025 (the “Applicable Par Call Date”) will be equal to the greater of: 

(i) 100% of the aggregate principal amount of the Notes to be redeemed; or 

(ii) the sum, as determined by the Independent Investment Banker based on the Reference Treasury Dealer Quotations, of the
present values of the Remaining Scheduled Payments, discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day
months), using a rate equal to the Treasury Rate plus 45 basis points (such sum to be calculated as set forth in the Indenture), 
 plus, in the case
of (i) or (ii), accrued interest thereon to, but not including, the Redemption Date. 
 In the case of any redemption with a Redemption Date on or
after the Applicable Par Call Date, the Redemption Price will equal 100% of the aggregate principal amount of the Notes to be redeemed, plus accrued interest thereon to, but not including, the Redemption Date. 

Notwithstanding the foregoing, installments of interest on Notes that are due and payable on Interest Payment Dates falling on or prior to a
Redemption Date will be payable on the Interest Payment Date to the registered Holders as of the close of business on the relevant Regular Record Date according to the Notes and the Indenture, subject to the applicable procedures of the Depositary.

 On and after the Redemption Date for the Notes, interest will cease to accrue on the Notes or any portion thereof called for redemption,
unless the Issuer defaults in the payment of the Redemption Price and accrued interest, if any. On or before the Redemption Date for the Notes, the Issuer shall deposit with the Trustee or a Paying Agent, funds sufficient to pay the Redemption Price
of the Notes to be redeemed on the Redemption Date. If less than all of the Notes are to be redeemed, the Notes to be redeemed shall be selected by the Trustee by lot, on a pro-rata basis or by such method as
the Trustee deems fair and appropriate and subject, in the case of Notes represented by Global Securities, to the applicable procedures of the Depositary; provided, however that in no event, shall Notes of a principal amount of $2,000 or less
be redeemed in part. 
 Notice of any redemption shall be electronically delivered or mailed at least 10 days but, in each case, not
more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed. Such notice shall state the Redemption Price (if known) or the formula pursuant to which the Redemption Price is to be determined if the Redemption Price
cannot be determined at the time the notice is given. If the Redemption Price cannot be determined at the time such notice is to be given, the actual Redemption 

  
 Exhibit A-1-7 

 
Price, calculated as set forth in the Indenture, shall be set forth in an Officer’s Certificate of the Issuer delivered to the Trustee no later than two Business Days prior to the Redemption
Date. Notice of redemption having been given as provided in the Indenture, the Notes called for redemption shall become due and payable on the Redemption Date and at the applicable Redemption Price. 

Notice of any redemption of Notes may, at the Issuer’s discretion, be given subject to one or more conditions precedent, including, but
not limited to, completion of a corporate transaction that is pending (such as an equity or equity-linked offering, an incurrence of indebtedness or an acquisition or other strategic transaction involving a change of control in the Issuer or another
entity). If such redemption is so subject to satisfaction of one or more conditions precedent, such notice shall describe each such condition, and such notice may be rescinded in the event that any or all such conditions shall not have been
satisfied or otherwise waived on or prior to the Business Day immediately preceding the relevant Redemption Date. 
 The Issuer shall notify
Holders of any such rescission as soon as practicable after it determines that such conditions precedent will not be able to be satisfied or the Issuer shall not be able or willing to waive such conditions precedent. Once notice of redemption is
mailed or sent, subject to the satisfaction of any conditions precedent provided in the notice of redemption, the Notes called for redemption will become due and payable on the Redemption Date and at the applicable Redemption Price. 

7. Defaults and Remedies. 

If an Event of Default with respect to the Notes occurs and is continuing, then in every such case the Trustee or the Holders of not less than
25% in principal amount of the Outstanding Notes may declare the principal amount of all the Notes to be due and payable immediately, by a notice in writing to the Issuer (and to the Trustee if given by Holders), and upon any such declaration such
principal amount (or specified amount) shall become immediately due and payable. 
 The Indenture permits, subject to certain limitations
therein provided, Holders of not less than a majority in aggregate principal amount of the Outstanding Notes to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power
conferred on the Trustee, with respect to the Notes. 
 8. Authentication. 

This Note shall not be valid until the Trustee manually signs the certificate of authentication on this Note. 

9. Abbreviations and Defined Terms. 

Customary abbreviations may be used in the name of a Holder of a Note or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

  
 Exhibit A-1-8 

 10. CUSIP Numbers. 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Notes as a convenience to the Holders of the Notes. No representation is made as to the accuracy of such numbers as printed on the Notes and reliance may be placed only on the other identification numbers printed hereon. 

11. Governing Law. 
 The
laws of the State of New York shall govern the Indenture and this Note without regard to conflicts of laws principles thereof. 

  
 Exhibit A-1-9 

 ASSIGNMENT FORM 

To assign this Note, fill in the form below: 
 I or we assign and
transfer this Note to 
 (Print or type assignee’s name, address and zip code) 

(Insert assignee’s soc. sec. or tax I.D. No.) 

and irrevocably appoint                  agent to transfer this Note on the
books of the Issuer. The agent may substitute another to act for him. 
  
  

 

			
	Date: ________________________	  	Your Signature:                                
                                     

  
  

Sign exactly as your name appears on the other side of this Note. 
  

			
		  	  

        Signature

		
	Signature Guarantee:	  	
	  
	  	  

	Signature must be guaranteed	  	        Signature

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to,
or in substitution for, STAMP, all in accordance with the United States Securities Exchange Act of 1934, as amended. 

  
 Exhibit A-1-10 

 SCHEDULE OF EXCHANGES OF NOTES 

The following exchanges of a part of this Global Security for certificated Notes or a part of another Global Security have been made: 

 

									
	 Date of Exchange
	  	Amount of decrease
in principal amount
of this Global Security	  	Amount of increase
in principal amount
of this Global
Security	  	Principal amount
of
this Global Security
following such
decrease (or
increase)	  	Signature of
authorized officer of
Trustee

  

  
 Exhibit A-1-11 

 EXHIBIT A-2 

FORM OF 3.750% SENIOR NOTE DUE 2027 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY
OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, AND NO SUCH TRANSFER MAY BE
REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL SECURITY SUBJECT TO THE
FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 
 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS A BENEFICIAL INTEREST HEREIN. 
 TRANSFERS OF THIS NOTE ARE
LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE TRANSFER PROVISIONS
OF THE INDENTURE. 
 IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH CERTIFICATES AND
OTHER INFORMATION AS SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS. 

  
 Exhibit A-2-1 

 INTEL CORPORATION 

3.750% Senior Notes due 2027 
  

			
	No. R-[•]	  	 CUSIP No.: 458140 BQ2

ISIN No.: US458140BQ26

$[•]

 INTEL CORPORATION, a Delaware corporation (the “Company”), for value received promises to pay
to CEDE & CO. or registered assigns the principal sum of [•] ($[•]) on March 25, 2027. 
 Interest Payment Dates:
March 25 and September 25 (each, an “Interest Payment Date”), commencing on September 25, 2020. 
 Interest
Record Dates: March 11 and September 11 (each, a “Regular Record Date”). 
 Reference is made to the further
provisions of this Note contained herein, which will for all purposes have the same effect as if set forth at this place. 

  
 Exhibit A-2-2 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	INTEL CORPORATION
		
	By:	 	  

		 	Name: Gary Kershaw
		 	Title: Vice President and Assistant Treasurer

 [Signature Page to Note] 

  
 Exhibit A-2-3 

 This is one of the Notes of the series designated herein and referred to in the
within-mentioned Indenture. 
 Dated: March 25, 2020 

 

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
		
	By:	 	  

		 	Authorized Signatory

  
 Exhibit A-2-4 

 (REVERSE OF NOTE) 

INTEL CORPORATION 
 3.750% Senior
Notes due 2027 
 1. Interest. 

Intel Corporation (the “Issuer”) promises to pay interest on the principal amount of this Note at the rate per annum
described above. Cash interest on the Notes will accrue from the most recent date to which interest has been paid; or, if no interest has been paid, from March 25, 2020. Interest on this Note will be paid to but excluding the relevant Interest
Payment Date or on such earlier date as the principal amount shall become due in accordance with the provisions hereof. The Issuer will pay interest semi-annually in arrears on each Interest Payment Date, beginning on September 25, 2020. If any
Interest Payment Date, Stated Maturity or other payment date with respect to the Notes is not a Business Day, the required payment of principal, premium, if any, or interest will be due on the next succeeding Business Day as if made on the date that
such payment was due, and no interest will accrue on that payment for the period from and after that Interest Payment Date, Stated Maturity or other payment date, as the case may be, to the date of that payment on the next succeeding Business Day.
Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months. 

The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the Notes and at the same rate on overdue
installments of interest (without regard to any applicable grace periods) to the extent lawful from the dates such amounts are due until such amounts are paid or made available for payment. 

2. Paying Agent. 

Initially, Wells Fargo Bank, National Association (the “Trustee”) will act as Paying Agent. The Issuer may change any Paying
Agent without notice to the Holders. 
 3. Indenture; Defined Terms. 

This Note is one of the 3.750% Senior Notes due 2027 (the “Notes”) issued under the Indenture dated as of March 29,
2006, as amended by the First Supplemental Indenture dated as of December 3, 2007 (together, the “Base Indenture”) and, as amended, modified and supplemented by the Sixteenth Supplemental Indenture dated as of March 25,
2020 (the “Sixteenth Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), by and between the Issuer and the Trustee, as trustee. This Note is a “Security” and the Notes are
“Securities” under the Indenture. Each series of Securities issued under the Sixteenth Supplemental Indenture (together with any other Securities thereafter issued and included in any such series) is referred to herein as an “Other
Series of March 2020 Notes” and, together with the Notes, as the “March 2020 Notes.” 

  
 Exhibit A-2-5 

 For purposes of this Note, unless otherwise defined herein, capitalized terms herein are
used as defined in the Indenture. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb) (the “TIA”) as in
effect on the date on which the Indenture was qualified under the TIA. Notwithstanding anything to the contrary herein, the Notes are subject to all such terms, and Holders of Notes are referred to the Indenture and the TIA for a statement of them.
To the extent the terms of the Indenture and this Note are inconsistent, the terms of the Indenture shall govern. 
 4. Denominations;
Transfer; Exchange. 
 The Notes are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess
thereof. A Holder shall register the transfer or exchange of Notes in accordance with the Indenture. The Issuer may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or
similar governmental charges payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer of or exchange any Notes or portions thereof for a period of fifteen (15) days before the
electronic delivery or mailing of a notice of redemption, nor need the Issuer register the transfer or exchange of any Note selected for redemption in whole or in part. 

5. Amendment; Modification; Waiver. 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Issuer and the rights of the Holders of each series of March 2020 Notes affected under the Indenture at any time by the Issuer and the Trustee with the consent of the Holders of not less than a majority in aggregate principal amount of the
Securities at the time Outstanding of all series of Securities affected thereby. The Indenture contains provisions permitting the Holders of not less than a majority in principal amount of the Securities of a series at the time Outstanding with
respect to which a default under the Indenture shall have occurred and be continuing, on behalf of the Holders of all Securities of such series, to waive, with certain exceptions, such past default with respect to such series and its consequences.
The Indenture also permits the Holders of not less than a majority in aggregate principal amount of all series of Securities (including the March 2020 Notes) at the time Outstanding affected (voting together as a single class), on behalf of the
Holders of all such Securities, to waive future compliance by the Issuer with certain provisions of the Indenture. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of
this Note and of any Security issued upon the registration of transfer hereof or in exchange therefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note. Without notice to or consent of any Holder, the
Indenture also permits the amendment or supplement thereof to, among other things, cure any ambiguity, defect or inconsistency or comply with any requirements of the Commission in connection with qualifications of the Indenture under the TIA, or
make any other change that does not adversely affect the rights of Holders in any material respect. 

  
 Exhibit A-2-6 

 6. Optional Redemption. 

The Issuer may redeem the Notes in whole or in part, at its option, at any time or from time to time prior to Maturity (the date of such
redemption, the “Redemption Date”). The Redemption Price prior to January 25, 2027 (the “Applicable Par Call Date”) will be equal to the greater of: 

(i) 100% of the aggregate principal amount of the Notes to be redeemed; or 

(ii) the sum, as determined by the Independent Investment Banker based on the Reference Treasury Dealer Quotations, of the
present values of the Remaining Scheduled Payments, discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day
months), using a rate equal to the Treasury Rate plus 50 basis points (such sum to be calculated as set forth in the Indenture), 
 plus, in the case
of (i) or (ii), accrued interest thereon to, but not including, the Redemption Date. 
 In the case of any redemption with a Redemption Date on or
after the Applicable Par Call Date, the Redemption Price will equal 100% of the aggregate principal amount of the Notes to be redeemed, plus accrued interest thereon to, but not including, the Redemption Date. 

Notwithstanding the foregoing, installments of interest on Notes that are due and payable on Interest Payment Dates falling on or prior to a
Redemption Date will be payable on the Interest Payment Date to the registered Holders as of the close of business on the relevant Regular Record Date according to the Notes and the Indenture, subject to the applicable procedures of the Depositary.

 On and after the Redemption Date for the Notes, interest will cease to accrue on the Notes or any portion thereof called for redemption,
unless the Issuer defaults in the payment of the Redemption Price and accrued interest, if any. On or before the Redemption Date for the Notes, the Issuer shall deposit with the Trustee or a Paying Agent, funds sufficient to pay the Redemption Price
of the Notes to be redeemed on the Redemption Date. If less than all of the Notes are to be redeemed, the Notes to be redeemed shall be selected by the Trustee by lot, on a pro-rata basis or by such method as
the Trustee deems fair and appropriate and subject, in the case of Notes represented by Global Securities, to the applicable procedures of the Depositary; provided, however that in no event, shall Notes of a principal amount of $2,000 or less
be redeemed in part. 
 Notice of any redemption shall be electronically delivered or mailed at least 10 days but, in each case, not
more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed. Such notice shall state the Redemption Price (if known) or the formula pursuant to which the Redemption Price is to be determined if the Redemption Price
cannot be determined at the time the notice is given. If the Redemption Price cannot be determined at the time such notice is to be given, the actual Redemption 

  
 Exhibit A-2-7 

 
Price, calculated as set forth in the Indenture, shall be set forth in an Officer’s Certificate of the Issuer delivered to the Trustee no later than two Business Days prior to the Redemption
Date. Notice of redemption having been given as provided in the Indenture, the Notes called for redemption shall become due and payable on the Redemption Date and at the applicable Redemption Price. 

Notice of any redemption of Notes may, at the Issuer’s discretion, be given subject to one or more conditions precedent, including, but
not limited to, completion of a corporate transaction that is pending (such as an equity or equity-linked offering, an incurrence of indebtedness or an acquisition or other strategic transaction involving a change of control in the Issuer or another
entity). If such redemption is so subject to satisfaction of one or more conditions precedent, such notice shall describe each such condition, and such notice may be rescinded in the event that any or all such conditions shall not have been
satisfied or otherwise waived on or prior to the Business Day immediately preceding the relevant Redemption Date. 
 The Issuer shall notify
Holders of any such rescission as soon as practicable after it determines that such conditions precedent will not be able to be satisfied or the Issuer shall not be able or willing to waive such conditions precedent. Once notice of redemption is
mailed or sent, subject to the satisfaction of any conditions precedent provided in the notice of redemption, the Notes called for redemption will become due and payable on the Redemption Date and at the applicable Redemption Price. 

7. Defaults and Remedies. 

If an Event of Default with respect to the Notes occurs and is continuing, then in every such case the Trustee or the Holders of not less than
25% in principal amount of the Outstanding Notes may declare the principal amount of all the Notes to be due and payable immediately, by a notice in writing to the Issuer (and to the Trustee if given by Holders), and upon any such declaration such
principal amount (or specified amount) shall become immediately due and payable. 
 The Indenture permits, subject to certain limitations
therein provided, Holders of not less than a majority in aggregate principal amount of the Outstanding Notes to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power
conferred on the Trustee, with respect to the Notes. 
 8. Authentication. 

This Note shall not be valid until the Trustee manually signs the certificate of authentication on this Note. 

9. Abbreviations and Defined Terms. 

Customary abbreviations may be used in the name of a Holder of a Note or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

  
 Exhibit A-2-8 

 10. CUSIP Numbers. 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Notes as a convenience to the Holders of the Notes. No representation is made as to the accuracy of such numbers as printed on the Notes and reliance may be placed only on the other identification numbers printed hereon. 

11. Governing Law. 
 The
laws of the State of New York shall govern the Indenture and this Note without regard to conflicts of laws principles thereof. 

  
 Exhibit A-2-9 

 ASSIGNMENT FORM 

To assign this Note, fill in the form below: 
 I or we assign
and transfer this Note to 
 (Print or type assignee’s name, address and zip code) 

(Insert assignee’s soc. sec. or tax I.D. No.) 

and irrevocably appoint                  agent to transfer this Note on the
books of the Issuer. The agent may substitute another to act for him. 
  
  

 

			
	Date: ________________________	  	Your Signature:                                
                                     

  
  

Sign exactly as your name appears on the other side of this Note. 
  

			
		  	  

        Signature

		
	Signature Guarantee:	  	
	  
	  	  

	Signature must be guaranteed	  	        Signature

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to,
or in substitution for, STAMP, all in accordance with the United States Securities Exchange Act of 1934, as amended. 

  
 Exhibit A-2-10 

 SCHEDULE OF EXCHANGES OF NOTES 

The following exchanges of a part of this Global Security for certificated Notes or a part of another Global Security have been made: 

 

									
	 Date of Exchange
	  	Amount of decrease
in principal amount
of this Global Security	  	Amount of increase
in principal amount
of this Global
Security	  	Principal amount of
this Global Security
following such
decrease (or
increase)	  	Signature of
authorized officer of
Trustee

  
 Exhibit A-2-11 

 EXHIBIT A-3 

FORM OF 3.900% SENIOR NOTE DUE 2030 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY
OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, AND NO SUCH TRANSFER MAY BE
REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL SECURITY SUBJECT TO THE
FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 
 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS A BENEFICIAL INTEREST HEREIN. 
 TRANSFERS OF THIS NOTE ARE
LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE TRANSFER PROVISIONS
OF THE INDENTURE. 
 IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH CERTIFICATES AND
OTHER INFORMATION AS SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS. 

  
 Exhibit A-3-1 

 INTEL CORPORATION 

3.900% Senior Notes due 2030 
  

			
	No. R-[●]	  	CUSIP No.: 458140 BR0
		  	ISIN No.: US458140BR09
		  	$[●]

 INTEL CORPORATION, a Delaware corporation (the “Company”), for value received promises to pay
to CEDE & CO. or registered assigns the principal sum of [●] ($[●]) on March 25, 2030. 
 Interest Payment Dates:
March 25 and September 25 (each, an “Interest Payment Date”), commencing on September 25, 2020. 
 Interest
Record Dates: March 11 and September 11 (each, a “Regular Record Date”). 
 Reference is made to the further
provisions of this Note contained herein, which will for all purposes have the same effect as if set forth at this place. 

  
 Exhibit A-3-2 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	INTEL CORPORATION
		
	By:	 	  

		 	Name: Gary Kershaw
		 	Title: Vice President and Assistant Treasurer

 [Signature Page to Note] 

  
 Exhibit A-3-3 

 This is one of the Notes of the series designated herein and referred to in the
within-mentioned Indenture. 
 Dated: March 25, 2020 

 

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
		
	By:	 	  

		 	Authorized Signatory

  
 Exhibit A-3-4 

 (REVERSE OF NOTE) 

INTEL CORPORATION 
 3.900% Senior
Notes due 2030 
 1. Interest. 

Intel Corporation (the “Issuer”) promises to pay interest on the principal amount of this Note at the rate per annum described
above. Cash interest on the Notes will accrue from the most recent date to which interest has been paid; or, if no interest has been paid, from March 25, 2020. Interest on this Note will be paid to but excluding the relevant Interest Payment
Date or on such earlier date as the principal amount shall become due in accordance with the provisions hereof. The Issuer will pay interest semi-annually in arrears on each Interest Payment Date, beginning on September 25, 2020. If any
Interest Payment Date, Stated Maturity or other payment date with respect to the Notes is not a Business Day, the required payment of principal, premium, if any, or interest will be due on the next succeeding Business Day as if made on the date that
such payment was due, and no interest will accrue on that payment for the period from and after that Interest Payment Date, Stated Maturity or other payment date, as the case may be, to the date of that payment on the next succeeding Business Day.
Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months. 

The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the Notes and at the same rate on overdue
installments of interest (without regard to any applicable grace periods) to the extent lawful from the dates such amounts are due until such amounts are paid or made available for payment. 

2. Paying Agent. 

Initially, Wells Fargo Bank, National Association (the “Trustee”) will act as Paying Agent. The Issuer may change any Paying
Agent without notice to the Holders. 
 3. Indenture; Defined Terms. 

This Note is one of the 3.900% Senior Notes due 2030 (the “Notes”) issued under the Indenture dated as of March 29, 2006,
as amended by the First Supplemental Indenture dated as of December 3, 2007 (together, the “Base Indenture”) and, as amended, modified and supplemented by the Sixteenth Supplemental Indenture dated as of March 25, 2020
(the “Sixteenth Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), by and between the Issuer and the Trustee, as trustee. This Note is a “Security” and the Notes are
“Securities” under the Indenture. Each series of Securities issued under the Sixteenth Supplemental Indenture (together with any other Securities thereafter issued and included in any such series) is referred to herein as an “Other
Series of March 2020 Notes” and, together with the Notes, as the “March 2020 Notes.” 

  
 Exhibit A-3-5 

 For purposes of this Note, unless otherwise defined herein, capitalized terms herein are
used as defined in the Indenture. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb) (the “TIA”) as in
effect on the date on which the Indenture was qualified under the TIA. Notwithstanding anything to the contrary herein, the Notes are subject to all such terms, and Holders of Notes are referred to the Indenture and the TIA for a statement of them.
To the extent the terms of the Indenture and this Note are inconsistent, the terms of the Indenture shall govern. 
 4. Denominations;
Transfer; Exchange. 
 The Notes are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess
thereof. A Holder shall register the transfer or exchange of Notes in accordance with the Indenture. The Issuer may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or
similar governmental charges payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer of or exchange any Notes or portions thereof for a period of fifteen (15) days before the
electronic delivery or mailing of a notice of redemption, nor need the Issuer register the transfer or exchange of any Note selected for redemption in whole or in part. 

5. Amendment; Modification; Waiver. 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of
the Issuer and the rights of the Holders of each series of March 2020 Notes affected under the Indenture at any time by the Issuer and the Trustee with the consent of the Holders of not less than a majority in aggregate principal amount of the
Securities at the time Outstanding of all series of Securities affected thereby. The Indenture contains provisions permitting the Holders of not less than a majority in principal amount of the Securities of a series at the time Outstanding with
respect to which a default under the Indenture shall have occurred and be continuing, on behalf of the Holders of all Securities of such series, to waive, with certain exceptions, such past default with respect to such series and its consequences.
The Indenture also permits the Holders of not less than a majority in aggregate principal amount of all series of Securities (including the March 2020 Notes) at the time Outstanding affected (voting together as a single class), on behalf of the
Holders of all such Securities, to waive future compliance by the Issuer with certain provisions of the Indenture. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of
this Note and of any Security issued upon the registration of transfer hereof or in exchange therefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note. Without notice to or consent of any Holder, the
Indenture also permits the amendment or supplement thereof to, among other things, cure any ambiguity, defect or inconsistency or comply with any requirements of the Commission in connection with qualifications of the Indenture under the TIA, or
make any other change that does not adversely affect the rights of Holders in any material respect. 

  
 Exhibit A-3-6 

 6. Optional Redemption. 

The Issuer may redeem the Notes in whole or in part, at its option, at any time or from time to time prior to Maturity (the date of such
redemption, the “Redemption Date”). The Redemption Price prior to December 25, 2029 (the “Applicable Par Call Date”) will be equal to the greater of: 

(i) 100% of the aggregate principal amount of the Notes to be redeemed; or 

(ii) the sum, as determined by the Independent Investment Banker based on the Reference Treasury Dealer Quotations, of the
present values of the Remaining Scheduled Payments, discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day
months), using a rate equal to the Treasury Rate plus 50 basis points (such sum to be calculated as set forth in the Indenture), 
 plus, in the case
of (i) or (ii), accrued interest thereon to, but not including, the Redemption Date. 
 In the case of any redemption with a Redemption Date on or
after the Applicable Par Call Date, the Redemption Price will equal 100% of the aggregate principal amount of the Notes to be redeemed, plus accrued interest thereon to, but not including, the Redemption Date. 

Notwithstanding the foregoing, installments of interest on Notes that are due and payable on Interest Payment Dates falling on or prior to a
Redemption Date will be payable on the Interest Payment Date to the registered Holders as of the close of business on the relevant Regular Record Date according to the Notes and the Indenture, subject to the applicable procedures of the Depositary.

 On and after the Redemption Date for the Notes, interest will cease to accrue on the Notes or any portion thereof called for redemption,
unless the Issuer defaults in the payment of the Redemption Price and accrued interest, if any. On or before the Redemption Date for the Notes, the Issuer shall deposit with the Trustee or a Paying Agent, funds sufficient to pay the Redemption Price
of the Notes to be redeemed on the Redemption Date. If less than all of the Notes are to be redeemed, the Notes to be redeemed shall be selected by the Trustee by lot, on a pro-rata basis or by such method as
the Trustee deems fair and appropriate and subject, in the case of Notes represented by Global Securities, to the applicable procedures of the Depositary; provided, however that in no event, shall Notes of a principal amount of $2,000 or less
be redeemed in part. 
 Notice of any redemption shall be electronically delivered or mailed at least 10 days but, in each case, not
more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed. Such notice shall state the Redemption Price (if known) or the formula pursuant to which the Redemption Price is to be determined if the Redemption Price
cannot be determined at the time the notice is given. If the Redemption Price cannot be determined at the time such notice is to be given, the actual Redemption 

  
 Exhibit A-3-7 

 
Price, calculated as set forth in the Indenture, shall be set forth in an Officer’s Certificate of the Issuer delivered to the Trustee no later than two Business Days prior to the Redemption
Date. Notice of redemption having been given as provided in the Indenture, the Notes called for redemption shall become due and payable on the Redemption Date and at the applicable Redemption Price. 

Notice of any redemption of Notes may, at the Issuer’s discretion, be given subject to one or more conditions precedent, including, but
not limited to, completion of a corporate transaction that is pending (such as an equity or equity-linked offering, an incurrence of indebtedness or an acquisition or other strategic transaction involving a change of control in the Issuer or another
entity). If such redemption is so subject to satisfaction of one or more conditions precedent, such notice shall describe each such condition, and such notice may be rescinded in the event that any or all such conditions shall not have been
satisfied or otherwise waived on or prior to the Business Day immediately preceding the relevant Redemption Date. 
 The Issuer shall notify
Holders of any such rescission as soon as practicable after it determines that such conditions precedent will not be able to be satisfied or the Issuer shall not be able or willing to waive such conditions precedent. Once notice of redemption is
mailed or sent, subject to the satisfaction of any conditions precedent provided in the notice of redemption, the Notes called for redemption will become due and payable on the Redemption Date and at the applicable Redemption Price. 

7. Defaults and Remedies. 

If an Event of Default with respect to the Notes occurs and is continuing, then in every such case the Trustee or the Holders of not less than
25% in principal amount of the Outstanding Notes may declare the principal amount of all the Notes to be due and payable immediately, by a notice in writing to the Issuer (and to the Trustee if given by Holders), and upon any such declaration such
principal amount (or specified amount) shall become immediately due and payable. 
 The Indenture permits, subject to certain limitations
therein provided, Holders of not less than a majority in aggregate principal amount of the Outstanding Notes to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power
conferred on the Trustee, with respect to the Notes. 
 8. Authentication. 

This Note shall not be valid until the Trustee manually signs the certificate of authentication on this Note. 

9. Abbreviations and Defined Terms. 

Customary abbreviations may be used in the name of a Holder of a Note or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

  
 Exhibit A-3-8 

 10. CUSIP Numbers. 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers to
be printed on the Notes as a convenience to the Holders of the Notes. No representation is made as to the accuracy of such numbers as printed on the Notes and reliance may be placed only on the other identification numbers printed hereon. 

11. Governing Law. 
 The
laws of the State of New York shall govern the Indenture and this Note without regard to conflicts of laws principles thereof. 

  
 Exhibit A-3-9 

 ASSIGNMENT FORM 

To assign this Note, fill in the form below: 
 I or we assign and
transfer this Note to 
 (Print or type assignee’s name, address and zip code) 

(Insert assignee’s soc. sec. or tax I.D. No.) 

and irrevocably appoint                       
agent to transfer this Note on the books of the Issuer. The agent may substitute another to act for him. 
  

 

			
		
	Date: ________________	  	Your Signature: ______________________

  
  

Sign exactly as your name appears on the other side of this Note. 
  

					
		 		 	Signature
			
	Signature Guarantee:	 		 	
			
	  
	 		 	  

	Signature must be guaranteed	 		 	Signature

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to,
or in substitution for, STAMP, all in accordance with the United States Securities Exchange Act of 1934, as amended. 

  
 Exhibit A-3-10 

 SCHEDULE OF EXCHANGES OF NOTES 

The following exchanges of a part of this Global Security for certificated Notes or a part of another Global Security have been made: 

 

									
	 Date of Exchange
	 	 Amount of decrease

in principal amount
 of this
Global Security
	 	 Amount of increase

in principal amount
 of this
Global
 Security
	  	 Principal amount of

this Global Security

following such
 decrease
(or
 increase)
	  	 Signature of

authorized officer of

Trustee

  
 Exhibit A-3-11 

 EXHIBIT A-4 

FORM OF 4.600% SENIOR NOTE DUE 2040 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY
OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, AND NO SUCH TRANSFER MAY BE
REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL SECURITY SUBJECT TO THE
FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 
 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS A BENEFICIAL INTEREST HEREIN. 
 TRANSFERS OF THIS NOTE ARE
LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE TRANSFER PROVISIONS
OF THE INDENTURE. 
 IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH CERTIFICATES AND
OTHER INFORMATION AS SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS. 

  
 Exhibit A-4-1 

 INTEL CORPORATION 

4.600% Senior Notes due 2040 
  

			
	No. R-[●]	  	CUSIP No.: 458140 BL3
		  	ISIN No.: US458140BL39
		  	$[●]

 INTEL CORPORATION, a Delaware corporation (the “Company”), for value received promises to pay
to CEDE & CO. or registered assigns the principal sum of [●] ($[●]) on March 25, 2040. 
 Interest Payment Dates:
March 25 and September 25 (each, an “Interest Payment Date”), commencing on September 25, 2020. 
 Interest
Record Dates: March 11 and September 11 (each, a “Regular Record Date”). 
 Reference is made to the further
provisions of this Note contained herein, which will for all purposes have the same effect as if set forth at this place. 

  
 Exhibit A-4-2 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	INTEL CORPORATION
		
	By:	 	  

		 	Name: Gary Kershaw
		 	Title: Vice President and Assistant Treasurer

 [Signature Page to Note] 

  
 Exhibit A-4-3 

 This is one of the Notes of the series designated herein and referred to in the
within-mentioned Indenture. 
 Dated: March 25, 2020 

 

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
		
	By:	 	  

		 	Authorized Signatory

  
 Exhibit A-4-4 

 (REVERSE OF NOTE) 

INTEL CORPORATION 
 4.600% Senior
Notes due 2040 
 1. Interest. 

Intel Corporation (the “Issuer”) promises to pay interest on the principal amount of this Note at the rate per annum described
above. Cash interest on the Notes will accrue from the most recent date to which interest has been paid; or, if no interest has been paid, from March 25, 2020. Interest on this Note will be paid to but excluding the relevant Interest Payment
Date or on such earlier date as the principal amount shall become due in accordance with the provisions hereof. The Issuer will pay interest semi-annually in arrears on each Interest Payment Date, beginning on September 25, 2020. If any
Interest Payment Date, Stated Maturity or other payment date with respect to the Notes is not a Business Day, the required payment of principal, premium, if any, or interest will be due on the next succeeding Business Day as if made on the date that
such payment was due, and no interest will accrue on that payment for the period from and after that Interest Payment Date, Stated Maturity or other payment date, as the case may be, to the date of that payment on the next succeeding Business Day.
Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months. 

The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the Notes and at the same rate on overdue
installments of interest (without regard to any applicable grace periods) to the extent lawful from the dates such amounts are due until such amounts are paid or made available for payment. 

2. Paying Agent. 

Initially, Wells Fargo Bank, National Association (the “Trustee”) will act as Paying Agent. The Issuer may change any Paying
Agent without notice to the Holders. 
 3. Indenture; Defined Terms. 

This Note is one of the 4.600% Senior Notes due 2040 (the “Notes”) issued under the Indenture dated as of March 29, 2006,
as amended by the First Supplemental Indenture dated as of December 3, 2007 (together, the “Base Indenture”) and, as amended, modified and supplemented by the Sixteenth Supplemental Indenture dated as of March 25, 2020
(the “Sixteenth Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), by and between the Issuer and the Trustee, as trustee. This Note is a “Security” and the Notes are
“Securities” under the Indenture. Each series of Securities issued under the Sixteenth Supplemental Indenture (together with any other Securities thereafter issued and included in any such series) is referred to herein as an “Other
Series of March 2020 Notes” and, together with the Notes, as the “March 2020 Notes.” 

  
 Exhibit A-4-5 

 For purposes of this Note, unless otherwise defined herein, capitalized terms herein are
used as defined in the Indenture. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb) (the “TIA”) as in
effect on the date on which the Indenture was qualified under the TIA. Notwithstanding anything to the contrary herein, the Notes are subject to all such terms, and Holders of Notes are referred to the Indenture and the TIA for a statement of them.
To the extent the terms of the Indenture and this Note are inconsistent, the terms of the Indenture shall govern. 
 4. Denominations;
Transfer; Exchange. 
 The Notes are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess
thereof. A Holder shall register the transfer or exchange of Notes in accordance with the Indenture. The Issuer may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or
similar governmental charges payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer of or exchange any Notes or portions thereof for a period of fifteen (15) days before the
electronic delivery or mailing of a notice of redemption, nor need the Issuer register the transfer or exchange of any Note selected for redemption in whole or in part. 

5. Amendment; Modification; Waiver. 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of
the Issuer and the rights of the Holders of each series of March 2020 Notes affected under the Indenture at any time by the Issuer and the Trustee with the consent of the Holders of not less than a majority in aggregate principal amount of the
Securities at the time Outstanding of all series of Securities affected thereby. The Indenture contains provisions permitting the Holders of not less than a majority in principal amount of the Securities of a series at the time Outstanding with
respect to which a default under the Indenture shall have occurred and be continuing, on behalf of the Holders of all Securities of such series, to waive, with certain exceptions, such past default with respect to such series and its consequences.
The Indenture also permits the Holders of not less than a majority in aggregate principal amount of all series of Securities (including the March 2020 Notes) at the time Outstanding affected (voting together as a single class), on behalf of the
Holders of all such Securities, to waive future compliance by the Issuer with certain provisions of the Indenture. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of
this Note and of any Security issued upon the registration of transfer hereof or in exchange therefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note. Without notice to or consent of any Holder, the
Indenture also permits the amendment or supplement thereof to, among other things, cure any ambiguity, defect or inconsistency or comply with any requirements of the Commission in connection with qualifications of the Indenture under the TIA, or
make any other change that does not adversely affect the rights of Holders in any material respect. 

  
 Exhibit A-4-6 

 6. Optional Redemption. 

The Issuer may redeem the Notes in whole or in part, at its option, at any time or from time to time prior to Maturity (the date of such
redemption, the “Redemption Date”). The Redemption Price prior to September 25, 2039 (the “Applicable Par Call Date”) will be equal to the greater of: 

(i) 100% of the aggregate principal amount of the Notes to be redeemed; or 

(ii) the sum, as determined by the Independent Investment Banker based on the Reference Treasury Dealer Quotations, of the
present values of the Remaining Scheduled Payments, discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day
months), using a rate equal to the Treasury Rate plus 50 basis points (such sum to be calculated as set forth in the Indenture), 
 plus, in the case
of (i) or (ii), accrued interest thereon to, but not including, the Redemption Date. 
 In the case of any redemption with a Redemption Date on or
after the Applicable Par Call Date, the Redemption Price will equal 100% of the aggregate principal amount of the Notes to be redeemed, plus accrued interest thereon to, but not including, the Redemption Date. 

Notwithstanding the foregoing, installments of interest on Notes that are due and payable on Interest Payment Dates falling on or prior to a
Redemption Date will be payable on the Interest Payment Date to the registered Holders as of the close of business on the relevant Regular Record Date according to the Notes and the Indenture, subject to the applicable procedures of the Depositary.

 On and after the Redemption Date for the Notes, interest will cease to accrue on the Notes or any portion thereof called for redemption,
unless the Issuer defaults in the payment of the Redemption Price and accrued interest, if any. On or before the Redemption Date for the Notes, the Issuer shall deposit with the Trustee or a Paying Agent, funds sufficient to pay the Redemption Price
of the Notes to be redeemed on the Redemption Date. If less than all of the Notes are to be redeemed, the Notes to be redeemed shall be selected by the Trustee by lot, on a pro-rata basis or by such method as
the Trustee deems fair and appropriate and subject, in the case of Notes represented by Global Securities, to the applicable procedures of the Depositary; provided, however that in no event, shall Notes of a principal amount of $2,000 or less
be redeemed in part. 
 Notice of any redemption shall be electronically delivered or mailed at least 10 days but, in each case, not
more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed. Such notice shall state the Redemption Price (if known) or the formula pursuant to which the Redemption Price is to be determined if the Redemption Price
cannot be determined at the time the notice is given. If the Redemption Price cannot be determined at the time such notice is to be given, the actual Redemption Price, calculated as set forth in the Indenture, shall be set forth in an Officer’s
Certificate of the Issuer delivered to the Trustee no later than two Business Days prior to the Redemption Date. Notice of redemption having been given as provided in the Indenture, the Notes called for redemption shall become due and payable on the
Redemption Date and at the applicable Redemption Price. 

  
 Exhibit A-4-7 

 Notice of any redemption of Notes may, at the Issuer’s discretion, be given subject to
one or more conditions precedent, including, but not limited to, completion of a corporate transaction that is pending (such as an equity or equity-linked offering, an incurrence of indebtedness or an acquisition or other strategic transaction
involving a change of control in the Issuer or another entity). If such redemption is so subject to satisfaction of one or more conditions precedent, such notice shall describe each such condition, and such notice may be rescinded in the event that
any or all such conditions shall not have been satisfied or otherwise waived on or prior to the Business Day immediately preceding the relevant Redemption Date. 

The Issuer shall notify Holders of any such rescission as soon as practicable after it determines that such conditions precedent will not be
able to be satisfied or the Issuer shall not be able or willing to waive such conditions precedent. Once notice of redemption is mailed or sent, subject to the satisfaction of any conditions precedent provided in the notice of redemption, the Notes
called for redemption will become due and payable on the Redemption Date and at the applicable Redemption Price. 
 7. Defaults and
Remedies. 
 If an Event of Default with respect to the Notes occurs and is continuing, then in every such case the Trustee or the
Holders of not less than 25% in principal amount of the Outstanding Notes may declare the principal amount of all the Notes to be due and payable immediately, by a notice in writing to the Issuer (and to the Trustee if given by Holders), and upon
any such declaration such principal amount (or specified amount) shall become immediately due and payable. 
 The Indenture permits, subject
to certain limitations therein provided, Holders of not less than a majority in aggregate principal amount of the Outstanding Notes to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or
exercising any trust or power conferred on the Trustee, with respect to the Notes. 
 8. Authentication. 

This Note shall not be valid until the Trustee manually signs the certificate of authentication on this Note. 

9. Abbreviations and Defined Terms. 

Customary abbreviations may be used in the name of a Holder of a Note or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

  
 Exhibit A-4-8 

 10. CUSIP Numbers. 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers to
be printed on the Notes as a convenience to the Holders of the Notes. No representation is made as to the accuracy of such numbers as printed on the Notes and reliance may be placed only on the other identification numbers printed hereon. 

11. Governing Law. 
 The
laws of the State of New York shall govern the Indenture and this Note without regard to conflicts of laws principles thereof. 

  
 Exhibit A-4-9 

 ASSIGNMENT FORM 

To assign this Note, fill in the form below: 
 I or we assign
and transfer this Note to 
 (Print or type assignee’s name, address and zip code) 

(Insert assignee’s soc. sec. or tax I.D. No.) 

and irrevocably appoint                      agent to
transfer this Note on the books of the Issuer. The agent may substitute another to act for him. 
  

 
  

			
	Date: ________________	  	Your Signature:                                   
                                         
    

  
  

Sign exactly as your name appears on the other side of this Note. 
  

					
		 		 	  

                Signature

	Signature Guarantee:	 		 	
		 		 	
	  
 Signature must be
guaranteed
	 		 	  

                Signature

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to,
or in substitution for, STAMP, all in accordance with the United States Securities Exchange Act of 1934, as amended. 

  
 Exhibit A-4-10 

 SCHEDULE OF EXCHANGES OF NOTES 

The following exchanges of a part of this Global Security for certificated Notes or a part of another Global Security have been made: 

 

									
	 Date of

Exchange
	 	 Amount of decrease

in principal amount
 of this
Global Security
	 	 Amount of increase

in principal amount
 of this
Global Security
	  	 Principal amount of

this Global Security

following such
 decrease
(or
 increase)
	  	 Signature of

authorized officer of

Trustee

  
 Exhibit A-4-11 

 EXHIBIT A-5 

FORM OF 4.750% SENIOR NOTE DUE 2050 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY
OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, AND NO SUCH TRANSFER MAY BE
REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL SECURITY SUBJECT TO THE
FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 
 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS A BENEFICIAL INTEREST HEREIN. 
 TRANSFERS OF THIS NOTE ARE
LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE TRANSFER PROVISIONS
OF THE INDENTURE. 
 IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH CERTIFICATES AND
OTHER INFORMATION AS SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS. 

  
 Exhibit A-5-1 

 INTEL CORPORATION 

4.750% Senior Notes due 2050 
  

					
	No. R-[•]	  		  	CUSIP No.: 458140 BM1

 ISIN No.: US458140BM12 

$[•] 
 INTEL CORPORATION, a
Delaware corporation (the “Company”), for value received promises to pay to CEDE & CO. or registered assigns the principal sum of [•] ($[•]) on March 25, 2050. 

Interest Payment Dates: March 25 and September 25 (each, an “Interest Payment Date”), commencing on
September 25, 2020. 
 Interest Record Dates: March 11 and September 11 (each, a “Regular Record Date”).

 Reference is made to the further provisions of this Note contained herein, which will for all purposes have the same effect as if set
forth at this place. 

  
 Exhibit A-5-2 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	INTEL CORPORATION
		
	By:	 	
                     
        

		 	Name: Gary Kershaw
		 	Title:   Vice President and Assistant Treasurer

 [Signature Page to Note] 

  
 Exhibit A-5-3 

 This is one of the Notes of the series designated herein and referred to in the
within-mentioned Indenture. 
 Dated: March 25, 2020 

 

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
		
	By:	 	
                     

		 	Authorized Signatory

  
 Exhibit A-5-4 

 (REVERSE OF NOTE) 

INTEL CORPORATION 
 4.750% Senior
Notes due 2050 
 1. Interest. 

Intel Corporation (the “Issuer”) promises to pay interest on the principal amount of this Note at the rate per annum described
above. Cash interest on the Notes will accrue from the most recent date to which interest has been paid; or, if no interest has been paid, from March 25, 2020. Interest on this Note will be paid to but excluding the relevant Interest Payment
Date or on such earlier date as the principal amount shall become due in accordance with the provisions hereof. The Issuer will pay interest semi-annually in arrears on each Interest Payment Date, beginning on September 25, 2020. If any
Interest Payment Date, Stated Maturity or other payment date with respect to the Notes is not a Business Day, the required payment of principal, premium, if any, or interest will be due on the next succeeding Business Day as if made on the date that
such payment was due, and no interest will accrue on that payment for the period from and after that Interest Payment Date, Stated Maturity or other payment date, as the case may be, to the date of that payment on the next succeeding Business Day.
Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months. 

The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the Notes and at the same rate on overdue
installments of interest (without regard to any applicable grace periods) to the extent lawful from the dates such amounts are due until such amounts are paid or made available for payment. 

2. Paying Agent. 

Initially, Wells Fargo Bank, National Association (the “Trustee”) will act as Paying Agent. The Issuer may change any Paying
Agent without notice to the Holders. 
 3. Indenture; Defined Terms. 

This Note is one of the 4.750% Senior Notes due 2050 (the “Notes”) issued under the Indenture dated as of March 29, 2006,
as amended by the First Supplemental Indenture dated as of December 3, 2007 (together, the “Base Indenture”) and, as amended, modified and supplemented by the Sixteenth Supplemental Indenture dated as of March 25, 2020
(the “Sixteenth Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), by and between the Issuer and the Trustee, as trustee. This Note is a “Security” and the Notes are
“Securities” under the Indenture. Each series of Securities issued under the Sixteenth Supplemental Indenture (together with any other Securities thereafter issued and included in any such series) is referred to herein as an “Other
Series of March 2020 Notes” and, together with the Notes, as the “March 2020 Notes.” 

  
 Exhibit A-5-5 

 For purposes of this Note, unless otherwise defined herein, capitalized terms herein are
used as defined in the Indenture. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb) (the “TIA”) as in
effect on the date on which the Indenture was qualified under the TIA. Notwithstanding anything to the contrary herein, the Notes are subject to all such terms, and Holders of Notes are referred to the Indenture and the TIA for a statement of them.
To the extent the terms of the Indenture and this Note are inconsistent, the terms of the Indenture shall govern. 
 4. Denominations;
Transfer; Exchange. 
 The Notes are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess
thereof. A Holder shall register the transfer or exchange of Notes in accordance with the Indenture. The Issuer may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or
similar governmental charges payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer of or exchange any Notes or portions thereof for a period of fifteen (15) days before the
electronic delivery or mailing of a notice of redemption, nor need the Issuer register the transfer or exchange of any Note selected for redemption in whole or in part. 

5. Amendment; Modification; Waiver. 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of
the Issuer and the rights of the Holders of each series of March 2020 Notes affected under the Indenture at any time by the Issuer and the Trustee with the consent of the Holders of not less than a majority in aggregate principal amount of the
Securities at the time Outstanding of all series of Securities affected thereby. The Indenture contains provisions permitting the Holders of not less than a majority in principal amount of the Securities of a series at the time Outstanding with
respect to which a default under the Indenture shall have occurred and be continuing, on behalf of the Holders of all Securities of such series, to waive, with certain exceptions, such past default with respect to such series and its consequences.
The Indenture also permits the Holders of not less than a majority in aggregate principal amount of all series of Securities (including the March 2020 Notes) at the time Outstanding affected (voting together as a single class), on behalf of the
Holders of all such Securities, to waive future compliance by the Issuer with certain provisions of the Indenture. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of
this Note and of any Security issued upon the registration of transfer hereof or in exchange therefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note. Without notice to or consent of any Holder, the
Indenture also permits the amendment or supplement thereof to, among other things, cure any ambiguity, defect or inconsistency or comply with any requirements of the Commission in connection with qualifications of the Indenture under the TIA, or
make any other change that does not adversely affect the rights of Holders in any material respect. 

  
 Exhibit A-5-6 

 6. Optional Redemption. 

The Issuer may redeem the Notes in whole or in part, at its option, at any time or from time to time prior to Maturity (the date of such
redemption, the “Redemption Date”). The Redemption Price prior to September 25, 2049 (the “Applicable Par Call Date”) will be equal to the greater of: 

(i) 100% of the aggregate principal amount of the Notes to be redeemed; or 

(ii) the sum, as determined by the Independent Investment Banker based on the Reference Treasury Dealer Quotations, of the
present values of the Remaining Scheduled Payments, discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day
months), using a rate equal to the Treasury Rate plus 50 basis points (such sum to be calculated as set forth in the Indenture), 
 plus, in the case
of (i) or (ii), accrued interest thereon to, but not including, the Redemption Date. 
 In the case of any redemption with a Redemption Date on or
after the Applicable Par Call Date, the Redemption Price will equal 100% of the aggregate principal amount of the Notes to be redeemed, plus accrued interest thereon to, but not including, the Redemption Date. 

Notwithstanding the foregoing, installments of interest on Notes that are due and payable on Interest Payment Dates falling on or prior to a
Redemption Date will be payable on the Interest Payment Date to the registered Holders as of the close of business on the relevant Regular Record Date according to the Notes and the Indenture, subject to the applicable procedures of the Depositary.

 On and after the Redemption Date for the Notes, interest will cease to accrue on the Notes or any portion thereof called for redemption,
unless the Issuer defaults in the payment of the Redemption Price and accrued interest, if any. On or before the Redemption Date for the Notes, the Issuer shall deposit with the Trustee or a Paying Agent, funds sufficient to pay the Redemption Price
of the Notes to be redeemed on the Redemption Date. If less than all of the Notes are to be redeemed, the Notes to be redeemed shall be selected by the Trustee by lot, on a pro-rata basis or by such method as
the Trustee deems fair and appropriate and subject, in the case of Notes represented by Global Securities, to the applicable procedures of the Depositary; provided, however that in no event, shall Notes of a principal amount of $2,000 or less
be redeemed in part. 
 Notice of any redemption shall be electronically delivered or mailed at least 10 days but, in each case, not
more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed. Such notice shall state the Redemption Price (if known) or the formula pursuant to which the Redemption Price is to be determined if the Redemption Price
cannot be determined at the time the notice is given. If the Redemption Price cannot be determined at the time such notice is to be given, the actual Redemption Price, calculated as set forth in the Indenture, shall be set forth in an Officer’s
Certificate of the Issuer delivered to the Trustee no later than two Business Days prior to the Redemption Date. Notice of redemption having been given as provided in the Indenture, the Notes called for redemption shall become due and payable on the
Redemption Date and at the applicable Redemption Price. 

  
 Exhibit A-5-7 

 Notice of any redemption of Notes may, at the Issuer’s discretion, be given subject to
one or more conditions precedent, including, but not limited to, completion of a corporate transaction that is pending (such as an equity or equity-linked offering, an incurrence of indebtedness or an acquisition or other strategic transaction
involving a change of control in the Issuer or another entity). If such redemption is so subject to satisfaction of one or more conditions precedent, such notice shall describe each such condition, and such notice may be rescinded in the event that
any or all such conditions shall not have been satisfied or otherwise waived on or prior to the Business Day immediately preceding the relevant Redemption Date. 

The Issuer shall notify Holders of any such rescission as soon as practicable after it determines that such conditions precedent will not be
able to be satisfied or the Issuer shall not be able or willing to waive such conditions precedent. Once notice of redemption is mailed or sent, subject to the satisfaction of any conditions precedent provided in the notice of redemption, the Notes
called for redemption will become due and payable on the Redemption Date and at the applicable Redemption Price. 
 7. Defaults and
Remedies. 
 If an Event of Default with respect to the Notes occurs and is continuing, then in every such case the Trustee or the
Holders of not less than 25% in principal amount of the Outstanding Notes may declare the principal amount of all the Notes to be due and payable immediately, by a notice in writing to the Issuer (and to the Trustee if given by Holders), and upon
any such declaration such principal amount (or specified amount) shall become immediately due and payable. 
 The Indenture permits, subject
to certain limitations therein provided, Holders of not less than a majority in aggregate principal amount of the Outstanding Notes to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or
exercising any trust or power conferred on the Trustee, with respect to the Notes. 
 8. Authentication. 

This Note shall not be valid until the Trustee manually signs the certificate of authentication on this Note. 

9. Abbreviations and Defined Terms. 

Customary abbreviations may be used in the name of a Holder of a Note or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

  
 Exhibit A-5-8 

 10. CUSIP Numbers. 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers to
be printed on the Notes as a convenience to the Holders of the Notes. No representation is made as to the accuracy of such numbers as printed on the Notes and reliance may be placed only on the other identification numbers printed hereon. 

11. Governing Law. 
 The
laws of the State of New York shall govern the Indenture and this Note without regard to conflicts of laws principles thereof. 

  
 Exhibit A-5-9 

 ASSIGNMENT FORM 

To assign this Note, fill in the form below: 
 I or we assign
and transfer this Note to 
 (Print or type assignee’s name, address and zip code) 

(Insert assignee’s soc. sec. or tax I.D. No.) 

and irrevocably appoint                  agent to transfer this Note on the
books of the Issuer. The agent may substitute another to act for him. 
  
  

 

			
	Date: ________________	  	Your Signature:                                   
                                         
    

  
  

Sign exactly as your name appears on the other side of this Note. 
  

					
		 		 	  

                Signature

	Signature Guarantee:	 		 	
		 		 	
	  
 Signature must be
guaranteed
	 		 	  

                Signature

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to,
or in substitution for, STAMP, all in accordance with the United States Securities Exchange Act of 1934, as amended. 

  
 Exhibit A-5-10 

 SCHEDULE OF EXCHANGES OF NOTES 

The following exchanges of a part of this Global Security for certificated Notes or a part of another Global Security have been made: 

 

									
	 Date of

Exchange
	 	 Amount of decrease

in principal amount
 of this
Global Security
	 	 Amount of increase

in principal amount
 of this
Global Security
	  	 Principal amount of

this Global Security

following such
 decrease
(or
 increase)
	  	 Signature of

authorized officer of

Trustee

  
 Exhibit A-5-11 

 EXHIBIT A-6 

FORM OF 4.950% SENIOR NOTE DUE 2060 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY
OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, AND NO SUCH TRANSFER MAY BE
REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL SECURITY SUBJECT TO THE
FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 
 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS A BENEFICIAL INTEREST HEREIN. 
 TRANSFERS OF THIS NOTE ARE
LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE TRANSFER PROVISIONS
OF THE INDENTURE. 
 IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH CERTIFICATES AND
OTHER INFORMATION AS SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS. 

 INTEL CORPORATION 

4.950% Senior Notes due 2060 
  

			
	No. R-[●]	  	CUSIP No.: 458140 BN9
		  	ISIN No.: US458140BN94
		  	$[●]

 INTEL CORPORATION, a Delaware corporation (the “Company”), for value received promises to pay
to CEDE & CO. or registered assigns the principal sum of [•] ($[•]) on March 25, 2060. 
 Interest Payment Dates:
March 25 and September 25 (each, an “Interest Payment Date”), commencing on September 25, 2020. 
 Interest
Record Dates: March 11 and September 11 (each, a “Regular Record Date”). 
 Reference is made to the further
provisions of this Note contained herein, which will for all purposes have the same effect as if set forth at this place. 

  
 Exhibit A-6-2 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	INTEL CORPORATION
		
	By:	 	  

		 	Name: Gary Kershaw
		 	Title:   Vice President and Assistant Treasurer

 [Signature Page to Note] 

  
 Exhibit A-6-3 

 This is one of the Notes of the series designated herein and referred to in the
within-mentioned Indenture. 
 Dated: March 25, 2020 

 

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
		
	By:	 	  

		 	Authorized Signatory

  
 Exhibit A-6-4 

 (REVERSE OF NOTE) 

INTEL CORPORATION 
 4.950% Senior
Notes due 2060 
 1. Interest. 

Intel Corporation (the “Issuer”) promises to pay interest on the principal amount of this Note at the rate per annum described
above. Cash interest on the Notes will accrue from the most recent date to which interest has been paid; or, if no interest has been paid, from March 25, 2020. Interest on this Note will be paid to but excluding the relevant Interest Payment
Date or on such earlier date as the principal amount shall become due in accordance with the provisions hereof. The Issuer will pay interest semi-annually in arrears on each Interest Payment Date, beginning on September 25, 2020. If any
Interest Payment Date, Stated Maturity or other payment date with respect to the Notes is not a Business Day, the required payment of principal, premium, if any, or interest will be due on the next succeeding Business Day as if made on the date that
such payment was due, and no interest will accrue on that payment for the period from and after that Interest Payment Date, Stated Maturity or other payment date, as the case may be, to the date of that payment on the next succeeding Business Day.
Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months. 

The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the Notes and at the same rate on overdue
installments of interest (without regard to any applicable grace periods) to the extent lawful from the dates such amounts are due until such amounts are paid or made available for payment. 

2. Paying Agent. 

Initially, Wells Fargo Bank, National Association (the “Trustee”) will act as Paying Agent. The Issuer may change any Paying
Agent without notice to the Holders. 
 3. Indenture; Defined Terms. 

This Note is one of the 4.950% Senior Notes due 2060 (the “Notes”) issued under the Indenture dated as of March 29, 2006,
as amended by the First Supplemental Indenture dated as of December 3, 2007 (together, the “Base Indenture”) and, as amended, modified and supplemented by the Sixteenth Supplemental Indenture dated as of March 25, 2020
(the “Sixteenth Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), by and between the Issuer and the Trustee, as trustee. This Note is a “Security” and the Notes are
“Securities” under the Indenture. Each series of Securities issued under the Sixteenth Supplemental Indenture (together with any other Securities thereafter issued and included in any such series) is referred to herein as an “Other
Series of March 2020 Notes” and, together with the Notes, as the “March 2020 Notes.” 
 For purposes of this Note,
unless otherwise defined herein, capitalized terms herein are used as defined in the Indenture. The terms of the Notes include those stated 

  
 Exhibit A-6-5 

 
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb) (the “TIA”) as in effect on the date on
which the Indenture was qualified under the TIA. Notwithstanding anything to the contrary herein, the Notes are subject to all such terms, and Holders of Notes are referred to the Indenture and the TIA for a statement of them. To the extent the
terms of the Indenture and this Note are inconsistent, the terms of the Indenture shall govern. 
 4. Denominations; Transfer;
Exchange. 
 The Notes are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess thereof. A
Holder shall register the transfer or exchange of Notes in accordance with the Indenture. The Issuer may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar
governmental charges payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer of or exchange any Notes or portions thereof for a period of fifteen (15) days before the
electronic delivery or mailing of a notice of redemption, nor need the Issuer register the transfer or exchange of any Note selected for redemption in whole or in part. 

5. Amendment; Modification; Waiver. 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of
the Issuer and the rights of the Holders of each series of March 2020 Notes affected under the Indenture at any time by the Issuer and the Trustee with the consent of the Holders of not less than a majority in aggregate principal amount of the
Securities at the time Outstanding of all series of Securities affected thereby. The Indenture contains provisions permitting the Holders of not less than a majority in principal amount of the Securities of a series at the time Outstanding with
respect to which a default under the Indenture shall have occurred and be continuing, on behalf of the Holders of all Securities of such series, to waive, with certain exceptions, such past default with respect to such series and its consequences.
The Indenture also permits the Holders of not less than a majority in aggregate principal amount of all series of Securities (including the March 2020 Notes) at the time Outstanding affected (voting together as a single class), on behalf of the
Holders of all such Securities, to waive future compliance by the Issuer with certain provisions of the Indenture. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of
this Note and of any Security issued upon the registration of transfer hereof or in exchange therefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note. Without notice to or consent of any Holder, the
Indenture also permits the amendment or supplement thereof to, among other things, cure any ambiguity, defect or inconsistency or comply with any requirements of the Commission in connection with qualifications of the Indenture under the TIA, or
make any other change that does not adversely affect the rights of Holders in any material respect. 

  
 Exhibit A-6-6 

 6. Optional Redemption. 

The Issuer may redeem the Notes in whole or in part, at its option, at any time or from time to time prior to Maturity (the date of such
redemption, the “Redemption Date”). The Redemption Price prior to September 25, 2059 (the “Applicable Par Call Date”) will be equal to the greater of: 

(i) 100% of the aggregate principal amount of the Notes to be redeemed; or 

(ii) the sum, as determined by the Independent Investment Banker based on the Reference Treasury Dealer Quotations, of the
present values of the Remaining Scheduled Payments, discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day
months), using a rate equal to the Treasury Rate plus 50 basis points (such sum to be calculated as set forth in the Indenture), 
 plus, in the case
of (i) or (ii), accrued interest thereon to, but not including, the Redemption Date. 
 In the case of any redemption with a Redemption Date on or
after the Applicable Par Call Date, the Redemption Price will equal 100% of the aggregate principal amount of the Notes to be redeemed, plus accrued interest thereon to, but not including, the Redemption Date. 

Notwithstanding the foregoing, installments of interest on Notes that are due and payable on Interest Payment Dates falling on or prior to a
Redemption Date will be payable on the Interest Payment Date to the registered Holders as of the close of business on the relevant Regular Record Date according to the Notes and the Indenture, subject to the applicable procedures of the Depositary.

 On and after the Redemption Date for the Notes, interest will cease to accrue on the Notes or any portion thereof called for redemption,
unless the Issuer defaults in the payment of the Redemption Price and accrued interest, if any. On or before the Redemption Date for the Notes, the Issuer shall deposit with the Trustee or a Paying Agent, funds sufficient to pay the Redemption Price
of the Notes to be redeemed on the Redemption Date. If less than all of the Notes are to be redeemed, the Notes to be redeemed shall be selected by the Trustee by lot, on a pro-rata basis or by such method as
the Trustee deems fair and appropriate and subject, in the case of Notes represented by Global Securities, to the applicable procedures of the Depositary; provided, however that in no event, shall Notes of a principal amount of $2,000 or less
be redeemed in part. 
 Notice of any redemption shall be electronically delivered or mailed at least 10 days but, in each case, not
more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed. Such notice shall state the Redemption Price (if known) or the formula pursuant to which the Redemption Price is to be determined if the Redemption Price
cannot be determined at the time the notice is given. If the Redemption Price cannot be determined at the time such notice is to be given, the actual Redemption 

  
 Exhibit A-6-7 

 
Price, calculated as set forth in the Indenture, shall be set forth in an Officer’s Certificate of the Issuer delivered to the Trustee no later than two Business Days prior to the Redemption
Date. Notice of redemption having been given as provided in the Indenture, the Notes called for redemption shall become due and payable on the Redemption Date and at the applicable Redemption Price. 

Notice of any redemption of Notes may, at the Issuer’s discretion, be given subject to one or more conditions precedent, including, but
not limited to, completion of a corporate transaction that is pending (such as an equity or equity-linked offering, an incurrence of indebtedness or an acquisition or other strategic transaction involving a change of control in the Issuer or another
entity). If such redemption is so subject to satisfaction of one or more conditions precedent, such notice shall describe each such condition, and such notice may be rescinded in the event that any or all such conditions shall not have been
satisfied or otherwise waived on or prior to the Business Day immediately preceding the relevant Redemption Date. 
 The Issuer shall notify
Holders of any such rescission as soon as practicable after it determines that such conditions precedent will not be able to be satisfied or the Issuer shall not be able or willing to waive such conditions precedent. Once notice of redemption is
mailed or sent, subject to the satisfaction of any conditions precedent provided in the notice of redemption, the Notes called for redemption will become due and payable on the Redemption Date and at the applicable Redemption Price. 

7. Defaults and Remedies. 

If an Event of Default with respect to the Notes occurs and is continuing, then in every such case the Trustee or the Holders of not less than
25% in principal amount of the Outstanding Notes may declare the principal amount of all the Notes to be due and payable immediately, by a notice in writing to the Issuer (and to the Trustee if given by Holders), and upon any such declaration such
principal amount (or specified amount) shall become immediately due and payable. 
 The Indenture permits, subject to certain limitations
therein provided, Holders of not less than a majority in aggregate principal amount of the Outstanding Notes to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power
conferred on the Trustee, with respect to the Notes. 
 8. Authentication. 

This Note shall not be valid until the Trustee manually signs the certificate of authentication on this Note. 

9. Abbreviations and Defined Terms. 

Customary abbreviations may be used in the name of a Holder of a Note or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

  
 Exhibit A-6-8 

 10. CUSIP Numbers. 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers to
be printed on the Notes as a convenience to the Holders of the Notes. No representation is made as to the accuracy of such numbers as printed on the Notes and reliance may be placed only on the other identification numbers printed hereon. 

11. Governing Law. 
 The
laws of the State of New York shall govern the Indenture and this Note without regard to conflicts of laws principles thereof. 

  
 Exhibit A-6-9 

 ASSIGNMENT FORM 

To assign this Note, fill in the form below: 
 I or we assign
and transfer this Note to 
 (Print or type assignee’s name, address and zip code) 

(Insert assignee’s soc. sec. or tax I.D. No.) 

and irrevocably appoint                      agent to
transfer this Note on the books of the Issuer. The agent may substitute another to act for him. 
  

 
  

			
	Date: ________________	  	Your
Signature:                                       
     

  
  

Sign exactly as your name appears on the other side of this Note. 
  

					
		  	            	  	  

        Signature

			
	Signature Guarantee:	  		  	
			
	  
 Signature must be
guaranteed
	  		  	  

        Signature

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to,
or in substitution for, STAMP, all in accordance with the United States Securities Exchange Act of 1934, as amended. 

  
 Exhibit A-6-10 

 SCHEDULE OF EXCHANGES OF NOTES 

The following exchanges of a part of this Global Security for certificated Notes or a part of another Global Security have been made: 

 

									
	 Date of Exchange
	 	 Amount of decrease

in principal amount
 of this
Global Security
	 	 Amount of increase

in principal amount
 of this
Global Security
	  	 Principal amount of

this Global Security

following such
 decrease
(or
 increase)
	  	 Signature of

authorized officer of

Trustee

  
 Exhibit A-6-11

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