AMD 1993 Annual Report Download - page 58

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16
a SAR, the Related Option will cease to be exercisable to the extent of the
stock with respect to which the SAR is exercised. Upon the Exercise or
termination of the Related Option the SAR that relates thereto will cease to be
exercisable. All terms and conditions pertaining to any SAR shall be governed
by the provisions of the 1980 Stock Appreciation Rights Plan of the Company, as
amended, provided, however, that SARs which are granted with respect to a
Related Option that is an ISO shall contain such terms and conditions as may
from time to time be necessary pursuant to applicable provisions of the Code
and Treasury Department regulations to permit such Related Option to qualify as
an ISO.
8. PAYMENTS AND LOANS UPON EXERCISE
(a) The purchase price of stock sold pursuant to an option shall
be paid either in full in cash or by certified check at the time the option is
exercised or pursuant to any deferred payment arrangement that the Board of
Directors in its discretion may approve.
(b) The Company may make loans or guarantee loans made by an
appropriate financial institution to individual optionees, including officers,
on such terms as may be approved by the Board of Directors for the purpose of
financing the exercise of options granted under the Plan and the payment of any
taxes that may be due by reason of such exercise.
16
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994