AMD 1993 Annual Report Download - page 162

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D. Unless otherwise agreed by both parties, Fujitsu
shall hold 50.05%, and AMD 49.95%, of the issued and outstanding
shares of JV. In the event that new shares of JV are issued,
each of the parties shall have the right to purchase such shares
in an amount that is proportionate to its respective Percentage
Interest.
Section 2.5 Reimbursement of Incorporation Expenses. JV
shall reimburse Fujitsu for expenses incurred directly by Fujitsu
in connection with the incorporation of JV to the extent
permitted under the laws of Japan.
Article 3. MANAGEMENT OF JV.
Section 3.1 Meetings and Resolutions of
Shareholders.
A. Each party, in its capacity as a shareholder, shall
have the right from time to time to call a meeting of the
shareholders.
B. The quorum required for a meeting of the
shareholders shall be shareholders representing, in person or by
proxy, not less than two thirds (2/3) of the total number of
issued and outstanding shares of JV.
C. Unless otherwise required by the laws of Japan or
otherwise explicitly provided herein, no shareholders'
resolutions shall be effective unless adopted by the affirmative
votes of shareholders holding a majority of the shares present at
a meeting of the shareholders.
D. Resolutions with respect to the following matters
shall be adopted by the affirmative vote of shareholders
[CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE
SECURITIES AND EXCHANGE COMMISSION] of the issued and outstanding
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994