AMD 1993 Annual Report Download - page 161

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name in Japan.
Section 2.3 Articles of Incorporation. The Articles of
Incorporation are hereby incorporated herein and made a part
hereof. In the event of any ambiguity or conflict arising
between the terms and conditions of this Agreement and those of
the Articles of Incorporation, to the extent legally permissible,
the terms and conditions of this Agreement shall prevail.
Section 2.4 Capital Contributions.
A. As soon as practicable following the Effective
Date, each party shall purchase shares of common stock of JV as
follows:
Party Number of Shares Consideration
----- ---------------- -------------
Fujitsu 1,001 Y50,050,000
AMD 999 Y49,950,000
B. Pursuant to a separate schedule to be agreed
between the parties, the parties shall make additional capital
contributions to JV until the parties' aggregate capital
contributions reach Y40,000,000,000, and JV shall issue
additional shares reflecting such contributions. Additional
contributions shall be made by the parties in cash, in proportion
to their respective Percentage Interests.
C. The authorized capital of JV shall initially be
Y400,000,000, to be represented by 8,000 shares of common stock
with a par value of Y50,000 each. Thereafter, the authorized
capital of JV shall be increased from time to time in accordance
with a schedule to be agreed upon between the parties. As
specified in the Business Plan, the maximum authorized capital of
JV shall be Y40,000,000,000, to be represented by 800,000 shares
of such common stock.
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994