AMD 1993 Annual Report Download - page 49

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sold pursuant to options granted under the Plan shall not exceed in the
aggregate 8,500,000 shares of the Company's authorized Common Stock and may be
unissued shares or reacquired shares or shares bought on the market for the
purposes of issuance under the Plan. If any options granted under the Plan
shall for any reason terminate or expire without having been exercised in full,
the stock not purchased under such options shall be available again for the
purposes of the Plan.
(b) The aggregate fair market value of the stock (determined at
the time of the grant of the option) for which any employee may be granted
ISO's in any calendar year under all plans of the Company and its parent and
subsidiary shall not exceed $100,000 plus any unused limit carryover (as
defined in the Code) to such year or any other maximum aggregate fair market
value to be established in the future under the Code. Should it be determined
that any ISO granted under the Plan inadvertently exceeds such maximum, such
ISO grant shall be deemed to be a grant of a NSO to the extent, but only to the
extent, of such excess.
5. ELIGIBILITY
Options may be granted only to full or part time employees of the
Company and/or of any parent or subsidiary. Directors of the Company who are
not also employees of the Company shall not be eligible for the benefits of the
Plan. No ISO may be granted to a person who, at the time of grant,
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994