AMD 1993 Annual Report Download - page 257

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1.4 Purchase Price(s) of AMD Shares; Limitation on Total
Purchase Price and Total Number of AMD Shares. The purchase
price of each installment of the AMD Shares shall be payable in
United States dollars by wire transfer or otherwise as AMD shall
reasonably request, and: (i) for the Initial Purchase, shall be
equal to the number of AMD Shares acquired in the installment
times the average of the closing sales prices of AMD common stock
on the New York Stock Exchange for the sixty (60) trading days
ending on the Joint Venture Effective Date, and (ii) for the
First through Eighth Subsequent Purchases, the average of the
closing sales prices on the New York Exchange for the sixty (60)
trading days ending on the twentieth day of the month preceding
the month in which the purchase is scheduled, or if the Exchange
is not open for trading on such date, on the trading day
preceding such date. AMD shall provide FUJITSU with a
calculation of each such purchase price within three days
following the end of the relevant sixty-day period. Such
calculation shall be provided by facsimile, the numbers of which
shall be designated by Fujitsu in advance, as well as pursuant to
section 5.3 below. Notwithstanding the foregoing sentence,
FUJITSU shall not be required, except in its own discretion, to
pay for the AMD Shares acquired in the Initial Purchase and
Subsequent Purchases a total amount in excess of [CONFIDENTIAL
INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND
EXCHANGE COMMISSION] or an amount in excess of [CONFIDENTIAL
INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND
EXCHANGE COMMISSION] in any twelve-month period. In the event
the total purchase price of the AMD Shares exceeds [CONFIDENTIAL
INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND
EXCHANGE COMMISSION] and FUJITSU elects not to pay more than
[CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE
SECURITIES AND EXCHANGE COMMISSION] for the AMD Shares, the
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994