AMD 1994 Annual Report Download - page 182

Assignee to Owner under the Agreement, including without limitation: (i) the
obligation to purchase the Policy designating Owner as the owner and to make the
premium payments required under Section 3 of the Agreement and (ii) the
obligation to do nothing which may, in any way, endanger, defeat or impair any
of the rights of Owner in the Policy as provided in the Agreement. In no event
shall this provision be interpreted to reduce Owner's rights in the Policy or
expand in any way the rights or benefits of the Assignee under the Agreement. In
the event that Owner terminates employment with Employer for any reason prior to
a Qualifying Event, this security interest and collateral assignment granted by
Assignee to Owner shall auto matically expire and be deemed waived. Nothing in
this provision shall prevent the Assignee from receiving its share of the death
benefits under the Policy as provided in Section 4 of the Agreement.
9. Assignee and Owner agree to execute any documents necessary to
effectuate this Collateral Security Assignment pursuant to the provisions of the
Agreement. All disputes shall be settled as provided in Section 13 of the
Agreement. The rights under this Collateral Security Assignment may be enforced
pursuant to the terms of the Agreement.
IN WITNESS WHEREOF, the Owner and Assignee have executed this Collateral
Security Assignment effective the day and year first above written.
___________________________________
, Owner
ADVANCED MICRO DEVICES, INC.
By: ______________________________
Title: ___________________________
A-5
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995