AMD 1993 Annual Report Download - page 83

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option or by delivering a sufficient number of previously acquired shares to
the Company and may elect to have additional taxes paid by the delivery of
previously acquired shares, in each case in accordance with rules and
procedures established by the Board or its delegate. Previously owned shares
delivered in payment for such taxes must have been owned for at least six
months prior to the exercise date, or may be subject to such other conditions
as the Board or its delegate may require. The value of shares withheld or
delivered shall be the fair market value of such shares on the date the
exercise becomes taxable. Such Withholding Election shall be subject to the
approval of the Board or its delegate, and must be in compliance with rules and
procedures established by the Board or its delegate.
9. USE OF PROCEED FROM STOCK
Proceeds from the sale of stock pursuant to options granted under the
Plan shall be used for general corporate purposes.
10. ADJUSTMENT OF AND CHANGES IN THE STOCK
In the event that the shares of Common Stock of the Company, as
presently constituted, shall be changed into or exchanged for a different
number or kind of shares of stock or other securities of the Company or of
another corporation (whether by reason of merger, consolidation,
recapitalization, reclassification, split- up, combination of shares, or
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994