AMD 1993 Annual Report Download - page 120

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delegate to be the fair market value of a Share on such day.
(e) 1986 Plan: The term "1986 Plan" shall mean the
Corporation's 1986 Stock Option Plan as amended.
(f) Optionee: The term "Optionee" shall mean any person
eligible to receive a Stock Option or a Stock Appreciation Right.
(g) Plan: The term "Plan" or this "Plan" shall mean this
1986 Stock Appreciation Rights Plan, as originally adopted, and, if amended or
modified as herein provided, as so amended or modified.
(h) Shares: The term "Shares" shall mean shares of Common
Stock of the Corporation and any shares of stock or other securities received
as a result of the adjustments provided for in Section 9 of this Plan.
(i) Stock Appreciation Right: The term "Stock Appreciation
Right" shall mean the right to receive, without payment to the Corporation,
cash and/or Shares equivalent in value to the Spread as defined in Sections 6
and 7 of this Plan.
(j) Stock Option: The term "Stock Option" shall mean (except
as herein otherwise provided) a stock option granted under the 1986 Plan.
(k) Stock Option Plans: The term "Stock Option Plan" shall
mean the 1986 Plan.
(l) Related Option: The term "Related Option" shall mean an
option, if any, with respect to which a Right has been granted.
(m) Rights: The term "General Right" shall mean a Stock
Appreciation Right granted by the Board or its delegate pursuant to the
provisions of Section 6 of this Plan. The term "Limited Right" shall mean a
Stock Appreciation Right granted by the Board or its delegate pursuant to the
provisions of Section 7 of this Plan. The term "Right" shall mean any General
Right or Limited Right.
3. Administration
(a) The Board of Directors (the "Board"), whose authority
shall be plenary, shall administer the Plan and may delegate part or all of the
powers designated in Section 3(b) with respect to part or all of the Plan
pursuant to Section 3(c); provided, however, that the Board of Directors shall
delegate administration of the Plan to the extent required by Section 3(d).
(b) The Board shall have the power, subject to and within the
limits of the express provisions of the Plan:
(1) To grant Rights pursuant to the Plan.
(2) To determine from time to time which of the
eligible persons shall be granted Rights under the Plan, the number of Shares
for which each Right shall be granted, the term of each
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994