AMD 1993 Annual Report Download - page 336

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contracts, or engagements of any Participant, his or her Beneficiary, or
successors in interest, nor shall a Participant's Accounts be subject to
execution by levy, attachment, or garnishment or by any other legal or
equitable proceeding, nor shall any such person have any right to alienate,
anticipate, commute, pledge, encumber, or assign any benefits or payments
hereunder in any manner whatsoever. If any Participant, Beneficiary or
successor in interest is adjudicated bankrupt or purports to anticipate,
alienate, sell, transfer, assign, pledge, encumber or charge any distribution
or payment from the Plan, voluntarily or involuntarily, the Committee, in its
discretion, may cancel such distribution or payment (or any part thereof) to or
for the benefit of such Participant, Beneficiary or successor in interest in
such manner as the Committee shall direct.
9.3 - Withholding.
There shall be deducted from each payment made under the
Plan all taxes which are required to be withheld by the Company in respect to
such payment. The Company shall have the right to reduce any payment by the
amount of cash sufficient to provide the amount of said taxes.
9.4 - Amendment, Modification, Suspension or Termination.
The Company may amend, modify, suspend or terminate the
Plan in whole or in part, except that no amendment, modification, suspension or
termination shall reduce any amounts then allocated previously to a
Participant's Accounts. In the event that this Plan is terminated, the amounts
credited to a Participant's Deferral Account and Company Matching Account shall
be distributed to the Participant or, in the event of his or her death, to his
or her Beneficiary in a lump sum within thirty (30) days following the date of
termination.
9.5 - Governing Law.
This Plan shall be construed, governed and administered
in accordance with the laws of the State of California.
9.6 - Receipt or Release.
Any payment to a Participant or the Participant's
Beneficiary in accordance with the provisions of the Plan shall, to the extent
thereof, be in full satisfaction of all claims against the Committee and the
Company. The Committee may require such Participant or Beneficiary, as a
condition precedent to such payment, to execute a receipt and release to such
effect.
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994