AMD 1993 Annual Report Download - page 81

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15
terms, as the Board or its delegate shall deem appropriate. No option,
however, nor anything contained in the Plan, shall confer upon any employee any
right to continue in the employ of the Company (or affiliate) nor limit in any
way the right of the Company (or affiliate) to terminate his employment at any
time.
7. STOCK APPRECIATION RIGHTS
A Stock Appreciation Right ("SAR") also may be granted with respect to
all or some of the stock covered by any option granted pursuant to the Plan
(the "Related Option"). Either a General SAR, or a Limited SAR or both a
General SAR and a Limited SAR may be granted with respect to the same Related
Option. All terms and conditions pertaining to any SAR shall be governed by
the provisions of the 1986 Stock Appreciation Rights Plan of the Company, as
amended. 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
15
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994