AMD 1996 Annual Report Download - page 51

EXHIBIT 10.23(e)
FIRST AMENDMENT TO
FUJITSU INVESTMENT AGREEMENT
This FIRST AMENDMENT TO FUJITSU INVESTMENT AGREEMENT (the "Amendment")
is made this 28 day of April, 1995, between FUJITSU LIMITED, a Japanese
stock company or kabushiki kaisha ("FUJITSU"), and ADVANCED MICRO DEVICES,
INC., a Delaware corporation ("AMD").
RECITALS
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WHEREAS, AMD AND FUJITSU are parties to an agreement entitled Fujitsu
Investment Agreement (the "Agreement") dated March 26, 1993, which provides
for the purchase by Fujitsu of common stock of AMD; and
Whereas, the parties desire to amend the Agreement as more fully set
forth below in this Amendment.
NOW, THEREFORE, it is hereby AGREED that:
1. The first sentence of Section 1.2 of the Agreement is amended in
its entirety to read as follows:
The AMD Shares shall be sold and purchased in nine (9) installments,
as follows: (i) an initial sale and purchase of 500,000 shares (the
"Initial Purchase") which was consummated within thirty (30) business
days following the Effective Date of the Joint Venture Agreement,
dated March 30, 1993, between the parties ("the Joint Venture
Effective Date"); (ii) three (3) additional sales and purchases of
500,000 shares each, which were consummated prior to the last business
day of the sixth (6th), twelfth (12th) and eighteenth (18th) months,
respectively, following the Joint Venture Effective Date; and (iii)
five additional sales and purchases [*] subject to Section 1.4, to be
consummated prior to the last business day of the thirty-
[* Confidential Treatment Requested]
Source: ADVANCED MICRO DEVIC, 10-K, March 20, 1997