AMD 1993 Annual Report Download - page 132

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intended to qualify as an Incentive Stock Option.
(j) "Option" shall mean a stock option granted
pursuant to the Plan.
(k) "Optioned Stock" shall mean the Common Stock
subject to an option.
(l) "Optionee" shall mean an Employee who
receives an Option.
(m) "Parent" shall mean a "parent corporation",
whether now or hereafter existing, as defined in Section 425 (e) of the Code.
(n) "Plan" shall mean this 1981 Incentive Stock
Option Plan.
(o) "Share" shall mean a share of the Common
Stock, as adjusted in accordance with Section 11 of the Plan.
(p) "Subsidiary" shall mean a "subsidiary
corporation," whether now or hereafter existing, as defined in Section 425(f)
of the Code.
3. Stock Subject to the Plan. Subject to the provisions of
Section 11 of the Plan, the maximum aggregate number of shares which may be
optioned and sold under the Plan is 4,620,000 shares of Common Stock. The
Shares may be authorized, but unissued, or reacquired Common Stock.
If an Option should expire or become unexercisable for
any reason without having been exercised in full, the unpurchased shares which
were subject thereto shall, unless the Plan shall have been terminated, become
available for future grant under the Plan.
4. Administration.
(a) The Board of Directors (the "Board"), whose authority
shall be plenary, shall administer the Plan and may delegate part or all of its
administrative powers with respect to part or all of the Plan pursuant to
Section 4(d); provided, however, that the Board of directors shall delegate
administration of the Plan to the extent required by Section 4(e).
(b) The Board or its delegate shall have the power, subject
to and within the limits of the express provisions of the Plan:
(1) To make any determination under this Plan in
execution of its responsibilities.
(2) To determine from time to time the term of
each granted Option or Right and the time or times during the term of each
Option or Right within which all or portions of each Option or Right may be
exercised (which at the discretion of the Board or its
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994