AMD 1996 Annual Report Download - page 52

Download and view the complete annual report

Please find page 52 of the 1996 AMD annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 255

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255

sixth (36th), forty-second (42nd), forty-eighth (48th), fifty-fourth
(54th) and sixtieth (60th) months, respectively, following the Joint
Venture Effective Date (all such sales and purchases other than the
Initial Purchase being referred to herein and the "Subsequent
Purchases," and individually as the "First Subsequent Purchase,"
through the "Eighth Subsequent Purchase" in accordance with their
scheduled order of occurrence).
2. Section 2.2(c) of the Agreement is amended in its entirety to read
as follows:
(c) Except as provided in subsections (d) and (e) below, the AMD
Shares may not be resold or transferred except in the following
manner. Up to [*] of the AMD Shares purchased in the Initial Purchase
or any of the First through the Third Subsequent Purchases may be
resold or transferred at any time after the [*] of the consummation of
such purchase. Up to an additional [*] of such shares may be resold or
transferred at any time after the [*] of the consummation of such
purchase. Up to [*] of the AMD Shares purchased in any of the Fourth
through the Eighth Subsequent Purchases may be resold or transferred at
any time after the [*] of the consummation of such purchase. Up to an
additional [*] of such shares may be resold or transferred at any time
after the [*] of the consummation of such purchase.
3. Except as specifically amended by this Amendment, the Agreement
shall remain in full force and effect and is hereby ratified and confirmed. On
and after the date of this Amendment, each reference to the Agreement in the
Agreement itself or in any other agreement or document between the parties
shall mean and be a reference to the Agreement as amended by this Amendment.
4. This Amendment may be executed in any number of counterparts, each
of which may be executed by fewer than all of the parties, each of which shall
be enforceable against the parties actually executing such counterparts, and
all of which together shall constitute one instrument.
[* Confidential Treatment Requested]
2
Source: ADVANCED MICRO DEVIC, 10-K, March 20, 1997