AMD 1996 Annual Report Download - page 20

3. ADVANCED MICRO DEVICES, INC. V. ALTERA CORPORATION (CASE NO. C-94-20567-
RMW, N. D. CAL.). This litigation, which began in 1994, involves multiple
claims and counterclaims for patent infringement relating to the Company's and
Altera Corporation's programmable logic devices. On June 27, 1996, a jury
returned a verdict and found that four of the eight patents-in-suit were
licensed to Altera. The parties have stipulated that the court, not a jury,
will decide which of the remaining AMD patents-in-suit fall within the scope
of the license that the jury found. The court will hear the first of two
phases regarding the remaining patents in April, 1997. Based upon information
presently known to management, the Company does not believe that the ultimate
resolution of this lawsuit will have a material adverse effect on the
financial condition or results of operations of the Company.
4. INTEL CORPORATION V. ADVANCED MICRO DEVICES, INC., ET AL. (CASE NO. 97-
118, D. DEL.). On March 14, 1997, Intel Corporation (Intel) filed suit against
the Company and Cyrix Corporation in the United States District Court for the
District of Delaware alleging false designation of origin and false
advertising, trademark infringement and trademark dilution, and deceptive
trade practices arising out of alleged misuse by the Company of the term
"MMX," which Intel claims as a trademark. In a related matter filed by Intel
against the Company on March 14, 1997, in the regional Court of Braunschweig,
Germany (Case Ref. No. 9 0 89/97), Intel was granted a temporary injunction
prohibiting the Company from using the term "MMX" to identify, advertise or
market its processors. Based upon information presently known to management,
the Company does not believe that the ultimate resolution of these lawsuits
will have a material adverse effect upon the financial condition or results of
operation of the Company.
5. OTHER MATTERS. The Company is a defendant or plaintiff in various other
actions which arose in the normal course of business. In the opinion of
management, the ultimate disposition of these matters will not have a material
adverse effect on the financial condition or results of operations of the
Company.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
No matters were submitted to a vote of security holders during the fourth
quarter of the fiscal year covered by this report.
EXECUTIVE OFFICERS OF THE REGISTRANT
HELD
NAME AGE POSITION SINCE
---- --- -------- -----
W. J. Sanders III.... 60 Chairman of the Board and Chief Executive Officer. 1969
Richard Previte...... 62 Director, President and Chief Operating Officer. Mr. 1989
Previte became Chief Operating Officer in 1989 and
President in 1990. Mr. Previte was Chief Financial
Officer and Treasurer from 1969 to 1989.
Marvin D. Burkett.... 55 Senior Vice President, Chief Financial and 1989
Administrative Officer and Treasurer. Mr. Burkett was
Controller from 1972 until 1989.
Eugene D. Conner..... 53 Senior Vice President, Operations. Mr. Conner joined 1987
the Company in 1969, and was elected an executive
officer in 1981.
S. Atiq Raza......... 48 Director, Senior Vice President and Chief Technical 1996
Officer. Formerly, Mr. Raza was the Chairman of the
Board, President, Chief Executive Officer, and
Secretary of NexGen, Inc.
Stanley Winvick...... 57 Senior Vice President, Human Resources. Mr. Winvick had 1991
been Vice President, Human Resources since 1980.
Stephen J. Zelencik.. 62 Senior Vice President and Chief Marketing Executive. 1979
Mr. Zelencik joined the Company in 1970.
Thomas M. McCoy...... 46 Vice President, General Counsel and Secretary. Prior to 1995
joining the Company, Mr. McCoy was with the law firm of
O'Melveny and Myers where he had been a partner since
1985.
There is no family relationship between any executive officers of the
Company.
16
Source: ADVANCED MICRO DEVIC, 10-K, March 20, 1997