AMD 1997 Annual Report Download - page 160

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Exhibit 10.50 (f-2)
FIRST AMENDMENT
TO
SPONSORS' SUPPORT AGREEMENT
THIS FIRST AMENDMENT (this "Amendment"), dated February 6, 1998, is made between
---------
ADVANCED MICRO DEVICES, INC., a corporation organized and existing under the
laws of the State of Delaware, United States of America, with its chief
executive office and principal place of business at One AMD Place, Sunnyvale,
California 94088, United States of America ("AMD Inc."), AMD SAXONY HOLDING
--------
GMBH, Dresden, registered in the Commercial Register of the Dresden County
Court, HRB 13931 ("AMD Holding"; and, together with AMD Inc., collectively, the
-----------
"Sponsors"), DRESDNER BANK LUXEMBOURG S.A., as Agent (and successor to Dresdner
--------
Bank AG ("Dresdner") in such capacity) under the Loan Agreement referred to
--------
below (in such capacity, the "Agent") for the Banks referred to below, and
-----
DRESDNER, as Security Agent under such Loan Agreement (in such capacity, the
"Security Agent"), for the Secured Parties referred to below.
- ---------------
W I T N E S S E T H:
WHEREAS, AMD Saxony Manufacturing GmbH, Dresden, registered in the Commercial
Register of the Dresden Country Court HRB 13186 ("AMD Saxonia"), a wholly-owned
-----------
Subsidiary (such and other capitalized terms being used in this Amendment with
the meanings set out in Section 1.1 of this Amendment) of AMD Holding, which is,
-----------
in turn, a wholly-owned Subsidiary of AMD Inc., has been formed for the purpose
of constructing, owning, and operating (i) the Plant and (ii) the integrated
Design Center;
WHEREAS, in order to finance the construction of the Plant and the Design
Center, and start-up costs of the operation of the Plant, inter alia, (i) AMD
Saxonia has entered into the Loan Agreement providing, inter alia, for two
separate senior secured term and standby facilities aggregating up to DM
1,650,000,000 (one billion six hundred fifty million Deutsche Marks), and (ii)
the Sponsors, the Agent and the Security Agent have entered into that certain
Sponsors' Support Agreement dated 11 March 1997 (the "Sponsors' Support
-----------------
Agreement") providing (x) certain assurances to the Agent and Security Agent
- ---------
with respect to the completion of the Project, and (y) certain undertakings to
and for the benefit of the Secured Parties;
WHEREAS, AMD Saxonia wishes, with the consent of the Sponsors to, among other
things, replace the initial Approved Project Budget with another Approved
Project Budget;
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998