Comprehensive Benefits. You are eligible for our medical, dental, vision, short-term and long term disability, and life insurance programs as well as the employee Stock Purchase Plan, 401(k) Plan, deferred compensation plan, and financial counseling services.
You are eligible for 4 weeks of vacation and 10 standard company holidays each year as well as an eight-week fully-paid sabbatical leave after every seven years of eligible employment, or a four-week sabbatical after 4 years of eligible employment. Of course, each of these benefits is subject to the terms and conditions of the benefit program and plans applicable to senior executive officers of Intel, including waiting periods for some.
Relocation Assistance. To assist you and your family with relocation to the Bay Area, we will provide you with a comprehensive relocation package, including temporary living accommodations for up to 12 months. You will be assigned a dedicated Relocation Specialist to assist you with your relocation needs.
Attorneys Fees. Intel will reimburse you for up to $15,000 of your reasonable attorneys fees incurred in connection with the review and finalization of this offer letter.
Outside Activities during Employment. During your employment, you shall devote your full business efforts and time to Intel. This obligation, however, shall not preclude you from being a member of a board of directors of one for-profit entity and engaging in appropriate civic, charitable, or religious activities, as long as they do not materially interfere with your duties to Intel hereunder. Any outside activities, including serving on any boards of directors, must be in compliance with Intels Code of Conduct.
Company Policies/Protection of Intellectual Property. Your employment is contingent on your signing an Employment Agreement, which outlines your obligations as an employee, including among others your obligation to protect Intels intellectual property (as well as confidential information of your prior employers and other third parties). You will be expected to abide by the Companys policies and procedures provided to you in writing and which do not contradict the terms of this offer letter, including without limitation Intels Employment Guidelines and Code of Conduct.
At-Will Employment. Your employment with Intel remains at will, which means that both Intel and you have the right to end your employment at any time, with or without advance notice, and with or without cause. The at-will nature of your employment may not be modified or amended except by written agreement signed by Intels Chief Human Resources Officer and you.
Tax Withholding. All amounts payable hereunder shall be subject to any required withholdings and deductions.
Position of Trust Background Check/Work Eligibility. Because of the importance of your position, this offer is made as a result of your successful completion of Position of Trust background checks. You represent that all information provided to Intel or its agents as part of these background checks is true and correct. As a further condition of employment, you are required by law, to provide appropriate documentation of your legal right to work in the United States. A List of Acceptable Employment Verification Documents will be made available to you.