AMD 1995 Annual Report Download - page 171

Clause 14 Within 15 days of the completion of payment of the fee for the
assignment of the right to the use of the land by Party B to Party A,
Party B shall, in accordance with the stipulations, complete the
formalities for the registration of the land, collect the
"Certificate for the Use of State-Owned Land in The People's Republic
of China" and obtain the right to the use of the land.
Clause 15 Party B shall, commencing in the year of 1997, make a one-time
payment to Party A of the fee for the use of the land. The standard
of such fee for the year of 1994 shall be United States Dollars Seven
and Cents Twenty (US$7.20) per square metre and such standard shall,
commencing in the year of 1995, increase at a yearly progressive
rate of 12%.
In the event that such fee is paid yearly, Party B shall pay to Party
A such fee before the 30th day of June every year. The standard of
such fee for the year of 1994 shall be United States Cents Fifty
(US$0.50) per square metre and such standard shall, commencing in the
year of 1995, increase at a yearly progressive rate of 12%.
Clause 16 Party B hereby agrees to pay to Party A the fee for the assignment of
the right to the use of the land and the fee for the use of the land
in United States Dollars in cash or by way of cash cheque.
Clause 17 Save and except for provisions in this Contract which stipulate
otherwise, Party B shall, on or before the dates of payment provided
in this Contract, remit to the bank account of Party A the amounts
specified in this Contract, the particulars of such bank account
being as follows :
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Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 1996