AMD 1997 Annual Report Download - page 95

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EXHIBIT 10.24(e)
FOURTH AMENDMENT TO CREDIT AGREEMENT
THIS FOURTH AMENDMENT TO CREDIT AGREEMENT (this "Amendment"), is entered into
---------
as of January 26, 1998, among Advanced Micro Devices, Inc., a Delaware
corporation (the "Company"), the "Banks" party to the Credit Agreement
-------
(collectively, the "Banks"), ABN AMRO Bank N.V., as Syndication Agent for the
-----
Banks (the "Syndication Agent"), Canadian Imperial Bank of Commerce, as
-----------------
Documentation Agent for the Banks (the "Documentation Agent"), and Bank of
-------------------
America National Trust and Savings Association, as Administrative Agent for the
Banks (the "Agent").
-----
WHEREAS, the Company, the Banks, the Syndication Agent, the
Documentation Agent and the Agent are parties to a Credit Agreement dated as of
July 19, 1996, as amended by a First Amendment to Credit Agreement dated as of
August 7, 1996, a Second Amendment to Credit Agreement dated as of September 9,
1996 and a Third Amendment to Credit Agreement dated as of October 1, 1997 (as
so amended, the "Credit Agreement");
-----------------
WHEREAS, the Company has requested that the Majority Banks agree to
certain amendments to the Credit Agreement;
WHEREAS, the Majority Banks have agreed to such request, subject to the
terms and conditions hereof;
NOW, THEREFORE, in consideration of the mutual agreements, provisions
and covenants contained herein, the parties hereto agree as follows:
1. Definitions; Interpretation.
---------------------------
(a) Terms Defined in Credit Agreement. All capitalized terms used
---------------------------------
in this Amendment (including in the recitals hereof) and not otherwise defined
herein shall have the meanings assigned to them in the Credit Agreement.
(b) Interpretation. The rules of interpretation set forth in
--------------
Section 1.02 of the Credit Agreement shall be applicable to this Amendment and
are incorporated herein by this reference.
2. Amendments to the Credit Agreement.
----------------------------------
(a) Amendments. The Credit Agreement is hereby amended as
----------
follows: Subsection 7.04(f) of the Credit Agreement is hereby amended by (i)
deleting therefrom the text "$175,000,000 funded in fiscal 1998," and
substituting therefor the text "$190,000,000 funded in fiscal 1998," (ii)
deleting therefrom the text "$175,000,000 funded in fiscal 1999,"
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998