AMD 1997 Annual Report Download - page 53

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
In connection with Mr. S. Atiq Raza's initial and continued employment by
NexGen, NexGen made two loans to him which were assumed by AMD upon its
acquisition of NexGen. The two loans are each in the principal amount of
$50,000, are currently due on October 17, 1998 and bear interest at 7.07
percent and 8.12 percent. The largest amount due under the loans during 1997
was $142,048, and the aggregate amount outstanding under the loans as of
February 25, 1998 was $143,360.
In March of 1997, Mr. Thomas M. McCoy, Vice President, General Counsel and
Secretary, borrowed $450,000 from the Company pursuant to a promissory note
bearing interest at 7.5 percent, payable in March 1999, secured by a pledge of
stock and a deed of trust on real property. Mr. McCoy borrowed an additional
$50,000 in April of 1997 with identical terms. The largest amount due under
the loans during 1997 was $529,764, and the aggregate amount outstanding under
the loans as of February 25, 1998 was $505,753.
PART IV
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K
(A)
1. Financial Statements
The financial statements listed on page F-1 in the Index to Consolidated
Financial Statements and Financial Statement Schedule covered by Report of
Independent Auditors are set forth on pages F-2 through F-27 of this Annual
Report on Form 10-K.
2. Financial Statement Schedule
The financial statement schedule listed on page F-1 in the Index to
Consolidated Financial Statements and Financial Statement Schedule covered by
the Report of Independent Auditors is set forth on page S-1 of this Annual
Report on Form 10-K.
All other schedules have been omitted because the required information is
not present or is not present in amounts sufficient to require submission of
the schedules, or because the information required is included in the
Consolidated Financial Statements or Notes thereto.
3. Exhibits
The exhibits listed in the accompanying Index to Exhibits are filed as part
of, or incorporated by reference into, this Annual Report on Form 10-K. The
following is a list of such Exhibits:
EXHIBIT
NUMBER DESCRIPTION OF EXHIBITS
------- -----------------------
2.1 Agreement and Plan of Merger dated October 20, 1995, as amended,
between the Company and NexGen, Inc., filed as Exhibit 2 to the
Company's Quarterly Report for the period ended October 1, 1995, and
as Exhibit 2.2 to the Company's Current Report on Form 8-K dated
January 17, 1996, is hereby incorporated by reference.
2.2 Amendment No. 2 to the Agreement and Plan of Merger, dated January 11,
1996, between Advanced Micro Devices, Inc. and NexGen, Inc., filed as
Exhibit 2.2 to the Company's Current Report on Form 8-K dated January
17, 1996, is hereby incorporated by reference.
3.1 Certificate of Incorporation, as amended, filed as Exhibit 3.1 to the
Company's Quarterly Report on Form 10-Q for the period ended July 2,
1995, is hereby incorporated by reference.
3.2 By-Laws, as amended, filed as Exhibit 3.2 to the Company's Amendment
No. 1 to its Annual Report on Form 10-K/A for the fiscal year ended
December 31, 1995, is hereby incorporated by reference.
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Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998