10. Background of the Offer; Past Contacts or Negotiations with Mobileye. The following chronology summarizes the key meetings and events between representatives of Intel and Purchaser and representatives of Mobileye that led to the signing of the Purchase Agreement. The following chronology does not purport to catalogue every conversation among representatives of Intel, Purchaser and Mobileye. For a review of Mobileye's additional activities relating to these contacts, please refer to Mobileye's Schedule 140-9 being mailed to Mobileye shareholders with this Offer to Purchase. For purposes of this discussion, "Intel" refers to Intel and its direct and indirect subsidiaries, including but not limited to Purchaser. The following chronology summarizes the key meetings and other events between representatives of Intel and representatives of Mobileye during the period preceding the signing of the Purchase Agreement For a review of Mobileye's additional key events that led to the signing of the Purchase Agreement, please refer to Mobileye's Schedule 14D-9 being mailed to Mobileye's shareholders with this Schedule TO and Offer to Purchase. In the ordinary course of its business, Intel seeks to create value for its stockholders by. among other things. enhancing its product offerings and developing a portfolio of differentiated products. As part of this initiative. Intel's senior management team regularly considers, evaluates and discusses with the board of directors of Intel (the "Intel Board") potential transactions and collaborations that align with Intel's businesses, strategic direction and ongoing business development plans. Intel has had commercial dealings with Mobileye for some time. including as part of the collaboration among BMW Group. Intel and Mobileye established on July I. 2016 and aimed at creating an industry standard and defining a platform for autonomous driving that would address Level 3 to Level 5 autonomous driving and be made availab