is mistaken about what he saw/read regarding this. He said "I saw that too (the 'have to work to June 30' to be eligible). "
While he's correct, that statement is NOT about the APB, rather, it's about the QPB. Also (and very important to note) that has NOTHING to do with those that ERPed, that's the standard language for people leaving Intel on their own. The E part of ERP is 'enhanced'. They gave us more and I recall a prorate APB being one of the perks of this package..
While I can't find an proof to whether or not we get a prorated APB in February, it was my understanding that we WILL get that. For the life of me I can't find the proof (still searching) but that was what I remembered.
Hopefully this doesn't cause confusion but this is what the Intel site says about those leaving Intel and the bonus (Which has nothing to do with those that ERPed).. just showing where more than likely saw the 'need to work till 6/30' rule.
The payout of a Quarterly Profit Bonus (QPB) or Annual Performance Bonus (APB) requires an employee to be employed on the Intel payroll through the last day of the applicable bonus period (June 30 for first half (1H) QPB and Dec. 31 for second half (2H) QPB and APB). No prorated bonuses will be paid if termination occurs before the last day of the applicable bonus period.
In other words, the effective termination date for the employee must be July 1 or later for the employee to be eligible for 1H QPB and Jan. 1 or later in order to be eligible for 2H QPB and APB. As an example, if the employee's effective termination date was Dec. 31, the employee would not be eligible for either 2H QPB or APB.*