AMD 2003 Annual Report Download - page 272
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will assume an obligation which corresponds to the above provisions, in accordance with Appendix 4.4.
4.5 The other Parties are aware that Saxony holds an indirect non-majority interest in Infineon Technologies SC 300 GmbH & Co. KG and that Saxony holds
a non-majority interest in the semi-conductor manufacturer ZMD AG.
4.6 The participation rights of the Holding Company used by Saxony for AMD Fab X will in each case be exercised in accordance with the decisions of
Saxony.
4.7 Saxony guarantees to AMD that the Second General Partner exercises and has exercised no activity other than the assumption of the general partner
position in AMD Fab X according to the Limited Partnership Agreement. Saxony further guarantees to AMD that the Second General Partner will at all
times be financially funded such that it is able to perform its liabilities; this does not include any liabilities incurred by the Second General Partner by
virtue of his position as personally liable partner of AMD Fab X. The aforesaid shall apply until any replacement of the Second General Partner as
provided in Article 10a of the Limited Partnership Agreement.
If the Second General Partner is replaced in accordance with Article 10 a of the Limited Partnership Agreement, AMD guarantees to Saxony that the
Second General Partner exercises and will exercise no activity other than the assumption of the general partner position in AMD Fab X according to the
Limited Partnership Agreement as long as Saxony and M+W hold a - direct or indirect - interest in the Partnership. AMD further guarantees to Saxony –
from replacement of the Second General Partner according to Article 10a of the Limited Partnership Agreement onward and as long as Saxony and M+W
hold a direct or indirect interest in the Partnership – that the Second General Partner will at all times be financially funded such that it is able to perform its
liabilities; this does not include any liabilities incurred by the Second General Partner by virtue of his position as personally liable partner of AMD Fab X
10
Source: ADVANCED MICRO DEVIC, 10-K, March 09, 2004