Document:

Exhibit 10.14

                        INTEL CORPORATION
                   2006 EQUITY INCENTIVE PLAN

STANDARD  TERMS  AND  CONDITIONS RELATING TO NON-QUALIFIED  STOCK
OPTIONS  GRANTED  ON  AND  AFTER MAY 17,  2006  UNDER  THE  INTEL
CORPORATION 2006 EQUITY INCENTIVE PLAN (standard option program)

1.   TERMS OF OPTION

     The following standard terms and conditions ("Standard
     Terms") apply to Non-Qualified Stock Options granted to U.S.
     employees under the Intel Corporation 2006 Equity Incentive
     Plan (the "2006 Plan") (other than grants made under the SOP
     Plus or ELTSOP programs).

2.   NONQUALIFIED STOCK OPTION

     The option is not intended to be an incentive stock option
     under Section 422 of the Internal Revenue Code of 1986, as
     amended (the "Code") and will be interpreted accordingly.

3.   OPTION PRICE

     The exercise price of the option (the "option price") is
     100% of the market value of the common stock of Intel
     Corporation ("Intel" or the "Corporation"), $.001 par value
     (the "Common Stock"), on the date of grant, as specified in
     the Notice of Grant.  "Market value" means the average of
     the highest and lowest sales prices of the Common Stock as
     reported by NASDAQ.

4.   TERM OF OPTION AND EXERCISE OF OPTION

     To the extent the option has become exercisable (vested)
     during the periods indicated in the Notice of Grant and has
     not been previously exercised, and subject to termination or
     acceleration as provided in these Standard Terms and the
     requirements of these Standard Terms, the Notice of Grant
     and the 2006 Plan, you may exercise the option to purchase
     up to the number of shares of the Common Stock set forth in
     the Notice of Grant.  Notwithstanding anything to the
     contrary in Section 5 or Sections 7 through 10 hereof, no
     part of the option may be exercised after seven (7) years
     from the date of grant.

     The process for exercising the option (or any part thereof)
     is governed by these Standard Terms, the Notice of Grant,
     the 2006 Plan and your agreements with Intel's stock plan
     administrator.  Exercises of stock options will be processed
     as soon as practicable.  The option price may be paid (a) in
     cash, (b) by arrangement with Intel's stock plan
     administrator which is acceptable to Intel

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     where payment of
     the option price is made pursuant to an irrevocable
     direction to the broker to deliver all or part of the
     proceeds from the sale of the shares of the Common Stock
     issuable under the option to Intel, (c) by delivery of any
     other lawful consideration approved in advance by the
     Committee of the Board of Directors of Intel established
     pursuant to the 2006 Plan (the "Committee") or its delegate,
     or (d) in any combination of the foregoing.  Fractional
     shares may not be exercised.  Shares of the Common Stock
     will be issued as soon as practicable.  You will have the
     rights of a stockholder only after the shares of the Common
     Stock have been issued.  For administrative or other
     reasons, Intel may from time to time suspend the ability of
     employees to exercise options for limited periods of time.

     Notwithstanding the above, Intel shall not be obligated to
     deliver any shares of the Common Stock during any period
     when Intel determines that the exercisability of the option
     or the delivery of shares hereunder would violate any
     federal, state or other applicable laws.

     Notwithstanding anything to the contrary in these Standard
     Terms or the applicable Notice of Grant, Intel may reduce
     your unvested options if you change classification from a
     full-time employee to a part-time employee.

     IF AN EXPIRATION DATE DESCRIBED HEREIN FALLS ON A WEEKDAY,
     YOU MUST EXERCISE YOUR OPTIONS BEFORE 3:45 P.M. NEW YORK
     TIME ON THE EXPIRATION DATE.

     IF AN EXPIRATION DATE DESCRIBED HEREIN FALLS ON A WEEKEND OR
     ANY OTHER DAY ON WHICH THE NASDAQ STOCK MARKET ("NASDAQ") IS
     NOT OPEN, YOU MUST EXERCISE YOUR OPTIONS BEFORE 3:45 P.M.
     NEW YORK TIME ON THE LAST NASDAQ BUSINESS DAY PRIOR TO THE
     EXPIRATION DATE.

5.   LEAVES OF ABSENCE

     (a)  Except as expressly provided otherwise in by these Standard
          Terms, if you take a personal leave of absence ("PLOA"), the
          option will be exercisable only to the extent and during the
          times specified in this Section 5:

          (1)  If the duration of the PLOA is 365 days or less, you may
               exercise any part of the option that vested prior to the
               commencement of the PLOA at any time during the PLOA.  If
               the duration of the PLOA is greater than 365 days, any part
               of the option that had vested prior to the commencement of
               the PLOA and that has not been exercised will terminate on
               the 365th day of the PLOA.

          (2)  If the duration of the PLOA is less than thirty (30) days:

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              a.   The exercisability of any part of the option that would
                    have vested during the PLOA shall be deferred until the
                    first day that you return to work (i.e., the date that
                    the PLOA is terminated); and

               b.   Any part of the option that had not vested at the
                    commencement of the PLOA and would not have vested
                    during the PLOA shall vest in accordance with the normal
                    schedule indicated in the Notice of Grant and shall not
                    be affected by the PLOA.

          (3)  If the duration of the PLOA equals or exceeds thirty (30)
               days, the exercisability of each part of the option
               scheduled to vest after commencement of the PLOA shall be
               deferred for a period of time equal to the duration of the
               PLOA.  If you terminate employment after returning from the
               PLOA but prior to the end of such deferral period, you shall
               have no right to exercise any unvested portion of the
               option, except to the extent provided otherwise in Sections
               8 through 10 hereof, and such option shall terminate as of
               the date that your employment terminates.

          (4)  If you terminate employment with the Corporation during a
               PLOA:

               a.   Any portions of the option that had vested prior to the
                    commencement of the PLOA shall be exercisable in
                    accordance with Sections 7 through 10 hereof, as
                    applicable; and

               b.   Any portions of the option that had not vested prior
                    to the commencement of the PLOA shall terminate,
                    except to the extent provided otherwise in Sections
                    8 through 10 hereof.

     (b)  If you take an approved Leave of Absence ("LOA") other than
          a PLOA under Intel Leave Guidelines, the vesting of your
          options shall be unaffected by such absence and will vest
          in accordance with the schedule set forth in the Notice of
          Grant.

6.   SUSPENSION OR TERMINATION OF OPTION FOR MISCONDUCT

     If you have allegedly committed an act of misconduct as
     defined in the 2006 Plan, including, but not limited to,
     embezzlement, fraud, dishonesty, unauthorized disclosure of
     trade secrets or confidential information, breach of
     fiduciary duty or nonpayment of an obligation owed to the
     Corporation, an Authorized Officer, as defined in the 2006
     Plan, may suspend your right to exercise the option, pending
     a decision by the Committee (or Board of Directors, as the
     case may be) or an Authorized Officer to terminate the
     option.  The option cannot be exercised during such
     suspension or after such termination.

<PAGE>

7.   TERMINATION OF EMPLOYMENT

     Except as expressly provided otherwise in by these Standard
     Terms, if your employment by the Corporation terminates for
     any reason, whether voluntarily or involuntarily, other than
     death, Disablement (defined below), Retirement (defined
     below) or discharge for misconduct, you may exercise any
     portion of the option that had vested on or prior to the
     date of termination at any time prior to ninety (90) days
     after the date of such termination.  The option shall
     terminate on the 90th day to the extent that it is
     unexercised.  All unvested stock options shall be cancelled
     on the date of employment termination, regardless of whether
     such employment termination is voluntary or involuntary.

     For purposes of this Section 7, your employment is not
     deemed terminated if, prior to sixty (60) days after the
     date of termination from Intel or a Subsidiary, you are
     rehired by Intel or a Subsidiary on a basis that would make
     you eligible for future Intel stock option grants, nor would
     your transfer from Intel to any Subsidiary or from any one
     Subsidiary to another, or from a Subsidiary to Intel be
     deemed a termination of employment.  Further, your
     employment with any partnership, joint venture or
     corporation not meeting the requirements of a Subsidiary in
     which Intel or a Subsidiary is a party shall be considered
     employment for purposes of this provision if either (a) the
     entity is designated by the Committee as a Subsidiary for
     purposes of this provision or (b) you are designated as an
     employee of a Subsidiary for purposes of this provision.

8.   DEATH

     Except as expressly provided otherwise in by these Standard
     Terms, if you die while employed by the Corporation, the
     executor of your will, administrator of your estate or any
     successor trustee of a grantor trust may exercise the
     option, to the extent not previously exercised and whether
     or not vested on the date of death, at any time prior to 365
     days from the date of death.

     Except as expressly provided otherwise in by these Standard
     Terms, if you die prior to ninety (90) days after
     terminating your employment with the Corporation, the
     executor of your will or administrator of your estate may
     exercise the option, to the extent not previously exercised
     and to the extent the option had vested on or prior to the
     date of your employment termination, at any time prior to
     365 days from the date of your employment termination.

     The option shall terminate on the applicable expiration date
     described in this Section 8, to the extent that it is
     unexercised.

9.   DISABILITY

     Except  as  expressly provided otherwise in  these  Standard
     Terms,  following  your termination  of  employment  due  to
     Disablement, you may exercise the option, to

<PAGE>

     the extent  not
     previously  exercised  and whether or  not  the  option  had
     vested on or prior to the date of employment termination, at
     any  time  prior to 365 days from the later of the  date  of
     your  termination of employment due to your  Disablement  or
     the  date  of determination of your Disablement as described
     in  this Section 9; provided, however, that while the  claim
     of  Disablement  is pending, options that were  unvested  at
     termination  of employment may not be exercised and  options
     that  were  vested  at  termination  of  employment  may  be
     exercised  only  during the period set forth  in  Section  7
     hereof.   The option shall terminate on the 365th  day  from
     the date of determination of Disablement, to the extent that
     it  is  unexercised.  For purposes of these Standard  Terms,
     "Disablement"  shall  be determined in accordance  with  the
     standards  and  procedures  of the  then-current  Long  Term
     Disability  Plan  maintained  by  the  Corporation  or   the
     Subsidiary that employs you, and in the event you are not  a
     participant  in  a  then-current Long Term  Disability  Plan
     maintained by the Corporation or the Subsidiary that employs
     you,   "Disablement"  shall  have  the   same   meaning   as
     disablement  is  defined in the Intel Long  Term  Disability
     Plan,  which is generally a physical condition arising  from
     an  illness or injury, which renders an individual incapable
     of  performing work in any occupation, as determined by  the
     Corporation.

10.  RETIREMENT

     For purposes of by these Standard Terms, "Retirement" shall
     mean either Standard Retirement (as defined below) or the
     Rule of 75 (as defined below).  Following your Retirement,
     the vesting of the option, to the extent that it had not
     vested on or prior to the date of your Retirement, shall be
     accelerated as follows:

     (a)  If you retire at or after age 60 ("Standard Retirement"),
          you will receive one year of additional vesting from your
          date of Retirement for every five (5) years that you have
          been employed by the Corporation (measured in complete,
          whole years). No vesting acceleration shall occur for
          any periods of employment of less than five (5) years; or

     (b)  If, when you terminate employment with Intel, your age plus
          years of service (in each case measured in complete, whole
          years) equals or exceeds 75 ("Rule of 75"), you will receive
          accelerated vesting of any portion of the option that would
          have vested prior to 365 days from the date of your
          Retirement.

     You will receive vesting acceleration pursuant to either
     Standard Retirement or the Rule of 75, but not both.  Except
     as expressly provided otherwise in by these Standard Terms,
     following your Retirement from the Corporation, you may
     exercise the option at any time prior to 365 days from the
     date of your Retirement, to the extent that it had vested as
     of the date of your Retirement or to the extent that vesting
     of the option is accelerated pursuant to this Section 10.
     The option shall terminate on the 365th day from your date
     of Retirement, to the extent that it is unexercised.

11.  INCOME TAXES WITHHOLDING

<PAGE>

     Nonqualified stock options are taxable upon exercise.  To
     the extent required by applicable federal, state or other
     law, you shall make arrangements satisfactory to Intel for
     the satisfaction of any withholding tax obligations that
     arise by reason of an option exercise and, if applicable,
     any sale of shares of the Common Stock.  Intel shall not be
     required to issue shares of the Common Stock or to recognize
     any purported transfer of shares of the Common Stock until
     such obligations are satisfied.  The Committee may permit
     these obligations to be satisfied by having Intel withhold a
     portion of the shares of the Common Stock that otherwise
     would be issued to you upon exercise of the option, or to
     the extent permitted by the Committee, by tendering shares
     of the Common Stock previously acquired.

12.  TRANSFERABILITY OF OPTION

     Unless otherwise provided by the Committee, each option
     shall be transferable only

     (a)  pursuant to your will or upon your death to your
          beneficiaries, or

     (b)  by gift to your Immediate Family (defined below),
          partnerships whose only partners are you or members of your
          Immediate Family, limited liability companies whose only
          shareholders are you or members of your Immediate Family, or
          trusts established solely for the benefit of you or members of
          your Immediate Family, or

     (c)  by gift to a foundation in which you and/or members of your
          Immediate Family control the management of the foundation's
          assets.

     For purposes of these Standard Terms, "Immediate Family" is
     defined as your spouse or domestic partner, children,
     grandchildren, parents, or siblings.

     With respect to transfers by gift under subsection (b),
     options are transferable whether vested or not at the time
     of transfer.  With respect to transfers by gift under
     subsection (c), options are transferable only to the extent
     the options are vested at the time of transfer. Any
     purported assignment, transfer or encumbrance that does not
     qualify under subsections (a), (b) and (c) above shall be
     void and unenforceable against the Corporation.

     Any option transferred by you pursuant to this section shall
     not be transferable by the recipient except by will or the
     laws of descent and distribution.

     The transferability of options is subject to any applicable
     laws of your country of residence or employment.

13.  DISPUTES

     The Committee or its delegate shall finally and conclusively
     determine any disagreement concerning your option.

<PAGE>

14.  AMENDMENTS

     The 2006 Plan and the option may be amended or altered by
     the Committee or the Board of Directors of Intel to the
     extent provided in the 2006 Plan.

15.  THE 2006 PLAN AND OTHER AGREEMENTS; OTHER MATTERS

     (a)  The provisions of these Standard Terms and the 2006 Plan are
          incorporated into the Notice of Grant by reference.  You hereby
          acknowledge that a copy of the 2006 Plan has been made available
          to you.  Certain capitalized terms used in these Standard Terms
          are defined in the 2006 Plan.

          These Standard Terms, the Notice of Grant and the 2006
          Plan constitute the entire understanding between you
          and the Corporation regarding the option.  Any prior
          agreements, commitments or negotiations concerning the
          option are superseded.

          The grant of an option to an employee in any one year,
          or at any time, does not obligate Intel or any
          Subsidiary to make a grant in any future year or in any
          given amount and should not create an expectation that
          Intel or any Subsidiary might make a grant in any
          future year or in any given amount.

     (b)  Options are not part of your employment contract (if any)
          with the Corporation, your salary, your normal or expected
          compensation, or other remuneration for any purposes, including
          for purposes of computing severance pay or other termination
          compensation or indemnity.

     (c)  Notwithstanding any other provision of these Standard Terms,
          if any changes in the financial or tax accounting rules
          applicable to the options covered by these Standard Terms shall
          occur which, in the sole judgment of the Committee, may have an
          adverse effect on the reported earnings, assets or liabilities
          of the Corporation, the Committee may, in its sole discretion,
          modify these Standard Terms or cancel and cause a forfeiture with
          respect to any unvested options at the time of such
          determination.

     (d)  Nothing contained in these Standard Terms creates or implies
          an employment contract or term of employment upon which you may
          rely.

     (e)  To the extent that the option refers to the Common Stock of
          Intel Corporation, and as required by the laws of your country of
          residence or employment, only authorized but unissued shares
          thereof shall be utilized for delivery upon exercise by the
          holder in accord with the terms hereof.

     (f)  Copies of Intel Corporation's Annual Report to Stockholders
          for its latest fiscal year and Intel Corporation's latest
          quarterly report are available, without charge, at the
          Corporation's business office.

<PAGE>

     (g)  Because these Standard Terms relate to terms and conditions
          under which you may purchase Common Stock of Intel, a Delaware
          corporation, an essential term of these Standard Terms is that it
          shall be governed by the laws of the State of Delaware, without
          regard to choice of law principles of Delaware or other
          jurisdictions.  Any action, suit, or proceeding relating to these
          Standard Terms or the option granted hereunder shall be brought
          in the state or federal courts of competent jurisdiction in the
          State of California.Exhibit 10.15

                        INTEL CORPORATION
               NONQUALIFIED STOCK OPTION AGREEMENT
              UNDER THE 2006 EQUITY INCENTIVE PLAN
(for options granted after May 17, 2006 under the standard option
                            program)

1.   TERMS OF OPTION

     This Nonqualified Stock Option Agreement (this "Agreement"),
     the Notice of Grant of Stock Options delivered herewith (the
     "Notice  of  Grant") and the Intel Corporation  2006  Equity
     Incentive  Plan  (the "2006 Plan"), as such may  be  amended
     from  time  to  time,  set forth the terms  of  your  option
     identified  in  the Notice of Grant.  As  used  herein,  the
     "Corporation"   shall   mean  Intel  Corporation   and   its
     Subsidiaries.

2.   NONQUALIFIED STOCK OPTION

     This  option is not intended to be an incentive stock option
     under  Section 422 of the Internal Revenue Code of 1986,  as
     amended (the "Code") and will be interpreted accordingly.

3.   OPTION PRICE

     The  exercise price of this option (the "option  price")  is
     100%  of  the  market  value of the common  stock  of  Intel
     Corporation ("Intel"), $.001 par value (the "Common Stock"),
     on  the  date of grant, as specified in the Notice of Grant.
     "Market  value" means the average of the highest and  lowest
     sales prices of the Common Stock as reported by NASDAQ.

4.   TERM OF OPTION AND EXERCISE OF OPTION

     To  the  extent  the option has become exercisable  (vested)
     during the periods indicated in the Notice of Grant and  has
     not been previously exercised, and subject to termination or
     acceleration   as  provided  in  this  Agreement   and   the
     requirements of this Agreement, the Notice of Grant and  the
     2006 Plan, you may exercise the option to purchase up to the
     number of shares of the Common Stock set forth in the Notice
     of  Grant.   Notwithstanding anything  to  the  contrary  in
     Section  5 or Sections 7 through 10 hereof, no part  of  the
     option may be exercised after seven (7) years from the  date
     of grant.

     The  process for exercising the option (or any part thereof)
     is governed by this Agreement, the Notice of Grant, the 2006
     Plan   and   your   agreements  with  Intel's

<PAGE>

     stock   plan
     administrator.  Exercises of stock options will be processed
     as soon as practicable.  The option price may be paid (a) in
     cash,   (b)   by   arrangement  with  Intel's   stock   plan
     administrator which is acceptable to Intel where payment  of
     the   option  price  is  made  pursuant  to  an  irrevocable
     direction  to  the  broker to deliver all  or  part  of  the
     proceeds  from  the sale of the shares of the  Common  Stock
     issuable under the option to Intel, (c) by delivery  of  any
     other  lawful  consideration  approved  in  advance  by  the
     Committee  of  the  Board of Directors of Intel  established
     pursuant to the 2006 Plan (the "Committee") or its delegate,
     or  (d)  in  any  combination of the foregoing.   Fractional
     shares  may  not be exercised.  Shares of the  Common  Stock
     will  be  issued as soon as practicable.  You will have  the
     rights  of a stockholder only after the shares of the Common
     Stock have been issued. For administrative or other reasons,
     Intel may from time to time suspend the ability of employees
     to exercise options for limited periods of time.

     Notwithstanding the above, Intel shall not be  obligated  to
     deliver  any shares of the Common Stock if such delivery  is
     prohibited by the laws of the United States or your  country
     of  residence or employment.  If such delivery is prohibited
     at  the  time  that all or part of the option is  exercised,
     then  such  exercise  may be made only  in  accordance  with
     Intel's   "cashless  exercise"  procedure,  to  the   extent
     permitted  under  the  laws of the United  States  and  your
     country of residence or employment.

     Notwithstanding anything to the contrary in  this  Agreement
     or  the  applicable Notice of Grant, Intel may  reduce  your
     unvested options if you change classification from  a  full-
     time employee to a part-time employee.

5.   LEAVES OF ABSENCE

     (a)  Except as expressly provided otherwise in this Agreement,
          if you take a personal leave of absence ("PLOA"), the
          option will be exercisable only to the extent and during
          the times specified in this Section 5:

          (1)  If the duration of the PLOA is 365 days or less, you
               may exercise any part of the option that vested prior
               to the commencement of the PLOA at any time during the
               PLOA.  If the duration of the PLOA is greater than 365
               days, any part of the option that had vested prior to
               the commencement of the PLOA and that has not been
               exercised will terminate on the 365th day of the PLOA.

          (2)  If the duration of the PLOA is less than thirty (30)
               days:

               a.   The exercisability of any part of the option that
                    would have vested during the PLOA shall be
                    deferred until the first day that you return to
                    work (i.e., the date that the PLOA is terminated);
                    and

<PAGE>

               b.   Any part of the option that had not vested at the
                    commencement of the PLOA and would not have vested
                    during the PLOA will vest in accordance with the
                    normal schedule indicated in the Notice of Grant
                    and shall not be affected by the PLOA.

          (3)  If the duration of the PLOA equals or exceeds thirty
               (30) days, the exercisability of each part of the option
               scheduled to vest after commencement of the PLOA shall
               be deferred for a period of time equal to the duration
               of the PLOA.  If you terminate employment after returning
               from the PLOA but prior to the end of such deferral
               period, you shall have no right to exercise any unvested
               portion of the option, except to the extent
               provided otherwise in Sections 8 through 10 hereof,
               and such option shall terminate as of the date that your
               employment terminates.

         (4)  If you terminate employment with the Corporation during a
              PLOA:

               a.   Any portions of the option that had vested prior
                    to the commencement of the PLOA shall be exercisable
                    in accordance with Sections 7 through 10 hereof, as
                    applicable; and

               b.   Any portions of the option that had not vested prior
                    to the commencement of the PLOA shall terminate,
                    except to the extent provided otherwise in Sections 8
                    through 10 hereof.

     (b)  If you take an approved Leave of Absence ("LOA") other than
          a PLOA under Intel Leave Guidelines, the vesting of your options
          shall be unaffected by such absence and will vest in accordance
          with the schedule set forth in the Notice of Grant.

6.   SUSPENSION OR TERMINATION OF OPTION FOR MISCONDUCT

     If  you  have  allegedly committed an act of  misconduct  as
     defined  in  the 2006 Plan, including, but not  limited  to,
     embezzlement, fraud, dishonesty, unauthorized disclosure  of
     trade   secrets  or  confidential  information,  breach   of
     fiduciary  duty or nonpayment of an obligation owed  to  the
     Corporation, an Authorized Officer, as defined in  the  2006
     Plan, may suspend your right to exercise the option, pending
     a  decision by the Committee (or Board of Directors, as  the
     case  may  be)  or  an Authorized Officer to  terminate  the
     option.    The  option  cannot  be  exercised  during   such
     suspension or after such termination.

7.   TERMINATION OF EMPLOYMENT

     Except as expressly provided otherwise in this Agreement, if
     your  employment  by  the  Corporation  terminates  for  any
     reason,  whether  voluntarily or involuntarily,  other  than
     death,  Disablement  (defined  below),  Retirement  (defined
     below)  or

<PAGE>

     discharge for misconduct, you may  exercise  any
     portion  of  the option that had vested on or prior  to  the
     date  of  termination at any time prior to ninety (90)  days
     after  the  date  of  such termination.   The  option  shall
     terminate  on  the  90th  day  to  the  extent  that  it  is
     unexercised.  All unvested stock options shall be  cancelled
     on the date of employment termination, regardless of whether
     such employment termination is voluntary or involuntary.

     For  purposes  of  this Section 7, your  employment  is  not
     deemed  terminated if, prior to sixty (60)  days  after  the
     date of termination from the Corporation, you are rehired by
     Intel  or  a  Subsidiary  on a basis  that  would  make  you
     eligible  for  future Intel stock option grants,  nor  would
     your  transfer from Intel to any Subsidiary or from any  one
     Subsidiary  to  another, or from a Subsidiary  to  Intel  be
     deemed   a   termination  of  employment.    Further,   your
     employment   with   any  partnership,   joint   venture   or
     corporation not meeting the requirements of a Subsidiary  in
     which  Intel or a Subsidiary is a party shall be  considered
     employment for purposes of this provision if either (a)  the
     entity  is  designated by the Committee as a Subsidiary  for
     purposes of this provision or (b) you are designated  as  an
     employee of a Subsidiary for purposes of this provision.

8.   DEATH

     Except as expressly provided otherwise in this Agreement, if
     you  die while employed by the Corporation, the executor  of
     your  will,  administrator of your estate or  any  successor
     trustee of a grantor trust may exercise the option,  to  the
     extent not previously exercised and whether or not vested on
     the  date  of death, at any time prior to 365 days from  the
     date of death.

     Except as expressly provided otherwise in this Agreement, if
     you  die prior to ninety (90) days after termination of your
     employment with the Corporation, the executor of  your  will
     or  administrator of your estate may exercise the option, to
     the  extent  not previously exercised and to the extent  the
     option had vested on or prior to the date of your employment
     termination, at any time prior to 365 days from the date  of
     your employment termination.

     The option shall terminate on the applicable expiration date
     described  in  this  Section 8, to the  extent  that  it  is
     unexercised.

9.   DISABILITY

     Except  as  expressly provided otherwise in this  Agreement,
     following your termination of employment due to Disablement,
     you  may  exercise the option, to the extent not  previously
     exercised  and whether or not the option had  vested  on  or
     prior  to  the date of employment termination, at  any  time
     prior  to  365  days  from the later of  the  date  of  your
     termination  of  employment due to your Disablement  or  the
     date  of  determination of your Disablement as described  in
     this  Section 9; provided, however, that while the claim  of
     Disablement  is  pending,  options  that  were  unvested  at
     termination  of employment may not be exercised and  options

<PAGE>

     that  were  vested  at  termination  of  employment  may  be
     exercised  only  during the period set forth  in  Section  7
     hereof.   The option shall terminate on the 365th  day  from
     the date of determination of Disablement, to the extent that
     it   is   unexercised.   For  purposes  of  this  Agreement,
     "Disablement"  shall  be determined in accordance  with  the
     standards  and  procedures  of the  then-current  Long  Term
     Disability  Plan  maintained  by  the  Corporation  or   the
     Subsidiary that employs you, and in the event you are not  a
     participant  in  a  then-current Long Term  Disability  Plan
     maintained by the Corporation or the Subsidiary that employs
     you,   "Disablement"  shall  have  the   same   meaning   as
     disablement  is  defined in the Intel Long  Term  Disability
     Plan,  which is generally a physical condition arising  from
     an  illness or injury, which renders an individual incapable
     of  performing work in any occupation, as determined by  the
     Corporation.

10.  RETIREMENT

     For  purposes  of  this Agreement, "Retirement"  shall  mean
     either Standard Retirement (as defined below) or the Rule of
     75  (as  defined  below).  Following  your  Retirement,  the
     vesting of the option, to the extent that it had not  vested
     on  or  prior  to  the  date of your  Retirement,  shall  be
     accelerated as follows:

     (a)  If you retire at or after age 60 ("Standard Retirement"),
          you will receive one year of additional vesting from your
          date of Retirement for every five (5) years that you have
          been employed by the Corporation (measured in complete,
           whole years). No vesting acceleration shall occur for
          any periods of employment of less than five (5) years; or

     (b)  If, when you terminate employment with the Corporation, your
          age plus years of service (in each case measured in complete,
          whole years) equals or exceeds 75 ("Rule of 75"), you will
          receive accelerated vesting of any portion of the option that
          would have vested prior to 365 days from the date of your
          Retirement.

     You  will  receive vesting acceleration pursuant  to  either
     Standard Retirement or the Rule of 75, but not both.  Except
     as expressly provided otherwise in this Agreement, following
     your  Retirement from the Corporation, you may exercise  the
     option  at any time prior to 365 days from the date of  your
     Retirement, to the extent that it had vested as of the  date
     of  your  Retirement or to the extent that  vesting  of  the
     option  is  accelerated pursuant to this  Section  10.   The
     option  shall terminate on the 365th day from your  date  of
     Retirement, to the extent that it is unexercised.

11.  INCOME TAXES WITHHOLDING

     You  will be subject to taxation in accordance with the  tax
     laws of the country where you are resident or employed.   If
     you  are  an  U.S. citizen or expatriate, you  may  also  be
     subject  to  U.S.  tax  laws.  To  the  extent  required  by
     applicable federal, state, local or foreign law,  you  shall
     make  arrangements satisfactory to

<PAGE>

     Intel (or the  Subsidiary
     that  employs  you, if your Subsidiary is  involved  in  the
     administration of the 2006 Plan) for the satisfaction of any
     withholding  tax  obligations that arise  by  reason  of  an
     option  exercise or any sale of shares of the Common  Stock.
     Intel  shall not be required to issue shares of  the  Common
     Stock  or  to recognize any purported transfer of shares  of
     the  Common Stock until such obligations are satisfied.  The
     Committee  may permit these obligations to be  satisfied  by
     having  Intel withhold a portion of the shares of the Common
     Stock that otherwise would be issued to you upon exercise of
     the option, or to the extent permitted by the Committee,  by
     tendering shares of the Common Stock previously acquired.

12.     NON-TRANSFERABILITY OF OPTION

     You  may not assign or transfer this option to anyone except
     pursuant   to  your  will  or  upon  your  death   to   your
     beneficiaries. The transferability of options is subject  to
     any  applicable  laws  of  your  country  of  residence   or
     employment.

13.      DISPUTES

     The Committee or its delegate shall finally and conclusively
     determine any disagreement concerning your option.

14.  AMENDMENTS

     The  2006  Plan and the option may be amended or altered  by
     the  Committee  or the Board of Directors of  Intel  to  the
     extent provided in the 2006 Plan.

15.  DATA PRIVACY

     You  explicitly and unambiguously consent to the collection,
     use  and  transfer,  in electronic or other  form,  of  your
     personal  data  as  described  in  this  document   by   the
     Corporation  for  the  exclusive  purpose  of  implementing,
     administering and managing your participation  in  the  2006
     Plan.

     You  hereby  understand that the Corporation  holds  certain
     personal  information about you, including, but not  limited
     to,  your name, home address and telephone number,  date  of
     birth,  social  insurance  number  or  other  identification
     number, salary, nationality, job title, any shares of  stock
     or  directorships held in the Corporation,  details  of  all
     options or any other entitlement to shares of stock awarded,
     canceled, exercised, vested, unvested or outstanding in your
     favor,  for  the purpose of implementing, administering  and
     managing the 2006 Plan ("Data").  You hereby understand that
     Data  may  be transferred to any third parties assisting  in
     the  implementation, administration and  management  of  the
     2006  Plan,  that  these recipients may be located  in  your
     country  or elsewhere, and that the recipient's country  may
     have  different data privacy laws and protections

<PAGE>

     than  your
     country.  You hereby understand that you may request a  list
     with the names and addresses of any potential recipients  of
     the   Data   by   contacting  your  local  human   resources
     representative.   You authorize the recipients  to  receive,
     possess, use, retain and transfer the Data, in electronic or
     other  form, for the purposes of implementing, administering
     and  managing your participation in the 2006 Plan, including
     any requisite transfer of such Data as may be required to  a
     broker  or  other  third party with whom you  may  elect  to
     deposit  any  shares  of Common Stock  acquired  under  your
     options.  You hereby understand that Data will be held  only
     as  long as is necessary to implement, administer and manage
     your  participation in the 2006 Plan.  You hereby understand
     that  you  may,  at any time, view Data, request  additional
     information  about  the  storage  and  processing  of  Data,
     require  any  necessary amendments  to  Data  or  refuse  or
     withdraw  the consents herein, in any case without cost,  by
     contacting   in   writing   your   local   human   resources
     representative.   You  hereby  understand,   however,   that
     refusing or withdrawing your consent may affect your ability
     to  participate  in the 2006 Plan.  For more information  on
     the consequences of your refusal to consent or withdrawal of
     consent,  you  hereby understand that you  may  contact  the
     human  resources representative responsible for your country
     at the local or regional level.

16.  THE 2006 PLAN AND OTHER AGREEMENTS; OTHER MATTERS

     (a)  The  provisions of this Agreement and the 2006 Plan are
          incorporated into the Notice of Grant by reference.  You
          hereby acknowledge that a copy of the 2006 Plan has been
          made available to you.  Certain capitalized terms used
          in this Agreement are defined in the 2006 Plan.

          This  Agreement, the Notice of Grant and the 2006  Plan
          constitute the entire understanding between you and the
          Corporation   regarding   the   option.    Any    prior
          agreements, commitments or negotiations concerning  the
          option are superseded.

          The  grant of an option to an employee in any one year,
          or  at  any  time,  does  not  obligate  Intel  or  any
          Subsidiary to make a grant in any future year or in any
          given amount and should not create an expectation  that
          Intel  or  any  Subsidiary might make a  grant  in  any
          future year or in any given amount.

     (b)  Options are not part of your employment contract (if any)
          with the Corporation, your salary, your normal or expected
          compensation, or other remuneration for any purposes,
          including for purposes of computing severance pay or other
          termination compensation or indemnity.

     (c)  Notwithstanding any other provision of this Agreement, if
          any changes in the financial or tax accounting rules
          applicable to the options covered by this Agreement shall occur
          which, in the sole judgment of the Committee,

<PAGE>

          may have an
          adverse effect on the reported earnings, assets or liabilities
          of the Corporation, the Committee may, in its sole discretion,
          modify this Agreement or cancel and cause a forfeiture with
          respect to any unvested options at the time of such determination.

     (d)  Nothing contained in this Agreement creates or implies an

          employment contract or term of employment upon which you may

          rely.

     (e)  To the extent that the option refers to the Common Stock of
          Intel, and as required by the laws of your country of residence
          or employment, only authorized but unissued shares thereof shall
          be utilized for delivery upon exercise by the holder in accord
          with the terms hereof.

     (f)  Copies of Intel Corporation's Annual Report to Stockholders

          for its latest fiscal year and Intel Corporation's latest

          quarterly report are available, without charge, at the

          Corporation's business office.

     (g)  Because this Agreement relates to terms and conditions under
          which you may purchase Common Stock of Intel, a Delaware
          corporation, an essential term of this Agreement is that it shall
          be governed by the laws of the State of Delaware, without regard
          to choice of law principles of Delaware or other jurisdictions.
          Any action, suit, or proceeding relating to this Agreement or the
          option granted hereunder shall be brought in the state or federal
          courts of competent jurisdiction in the State of California.

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