AMD 1993 Annual Report Download - page 331

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for the same year (assuming deferrals at the maximum permissible
rate), exceed 1.5% of the Participant's Salary during such Plan Year.
(b) As of the last day of each month, each mutual
fund subaccount of a Participant's Company Matching 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).
ARTICLE V
VESTING
5.1 - Deferral Account.
A Participant's Deferral Account shall at all times be
100% vested.
5.2 - Company Matching Account.
A Participant's Company Matching Account shall at all
times be 100% vested.
ARTICLE VI
DISTRIBUTIONS
6.1 - Amount and Time of Distribution.
Each Participant (or, in the case of his or her death,
Beneficiary) shall be entitled to receive a distribution of benefits under this
Plan as soon as practicable following his or her Payment Eligibility Date. The
amount payable to a Participant shall be the sum of the amount credited to his
or her Deferral Account and Company Matching Account as of his or her Payment
Eligibility Date. No amount credited to a Participant's Loan Account
established under Article VII shall be distributed to the Participant, but such
amount shall instead be forfeited, as provided in paragraph 7.1(f).
6.2 - Form of Distribution.
The form of the distribution of benefits to a Participant
(or his or her Beneficiary) shall be a cash lump sum payment.
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994