AMD 1993 Annual Report Download - page 330

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Participant's deferred Salary that the Participant has elected to be
deemed to be invested in a certain type of mutual fund shall be
credited to the mutual fund subaccount corresponding to that mutual
fund;
(b) As of the last day of the month in which the
Bonus or partial Bonus would have been paid, the Committee shall
credit the mutual fund subaccounts of the Participant's Deferral
Account with an amount equal to the portion of the Bonus deferred by
the Participant for such Plan Year in accordance with the
Participant's election under Section 3.2(a); that is, the portion of
the Participant's deferred Bonus that the Participant has elected to
be deemed to be invested in a particular type of mutual fund shall be
credited to the mutual fund subaccount corresponding to that mutual
fund; and
(c) As of the last day of each month, each mutual
fund subaccount of a Participant's Deferral Account shall be credited
with earnings in an amount equal to that determined by multiplying
the balance credited to such mutual fund subaccount as of the last
day of the preceding month by the Interest Rate for the corresponding
Fund selected by the Company pursuant to Section 3.2(b).
4.2 - Company Matching Account.
The Committee shall establish and maintain a Company
Matching Account for each Participant under the Plan. Each Participant's
Company Matching Account shall be further divided into separate mutual fund
subaccounts corresponding to the type of mutual fund or contract elected by the
Participant pursuant to Section 3.2(a). A Participant's Company Matching
Account shall be credited as follows:
(a) As of the last day of each Plan Year, the
Committee shall credit the mutual fund subaccounts of the
Participant's Company Matching Account with an amount equal to 50% of
the amount of the Salary deferred by the Participant during each pay
period ending in that Plan Year (the "Company Matching Amount") in
accordance with the Participant's election under Section 3.2(a); that
is, the portion of the Company Matching Amount which the Participant
elected to be deemed to be invested in a certain type of mutual fund
shall be credited to the corresponding mutual fund subaccount.
Notwithstanding the foregoing, in no event shall the Company Matching
Amount for a Plan Year, when combined with the maximum Company
Matching Contribution which the Participant could have received under
the Advanced Micro Devices, Inc. Retirement Savings Plan
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994