AMD 1997 Annual Report Download - page 187
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Exhibit 10.50 (1-2)
FIRST AMENDMENT
TO
AMD SAXONIA WAFER PURCHASE AGREEMENT
THIS FIRST AMENDMENT (this "Amendment"), dated as of February 6, 1998, is made
---------
between AMD SAXONY HOLDING GMBH, Dresden, registered in the Commercial Register
of the Dresden County Court, HRB 13931 ("AMD Holding"), and AMD SAXONY
-----------
MANUFACTURING GMBH, Dresden, registered in the Commercial Register of the
Dresden County Court, HRB 13186 ("AMD Saxonia").
-----------
W I T N E S S E T H
- - - - - - - - - -
WHEREAS, AMD Saxonia is a wholly-owned Subsidiary (such and other capitalized
terms having the meaning assigned thereto in Section 1.1 of this Amendment) of
-----------
AMD Holding, which is, in turn, a wholly-owned Subsidiary of Advanced Micro
Devices, Inc., a corporation organized and existing under the laws of the State
of Delaware, United States of America ("AMD Inc."), and has been formed for the
--------
purpose of constructing, owning, and operating (i) the Plant and (ii) the
integrated Design Center;
WHEREAS, AMD Holding and AMD Inc. have entered into the AMD Holding Wafer
Purchase Agreement dated as of March 11, 1997 (the "AMD Holding Wafer Purchase
--------------------------
Agreement"), pursuant to which, among other things, AMD Inc. has agreed to
- ---------
purchase from AMD Holding, and AMD Holding has agreed to supply on an exclusive
basis to AMD Inc., all Wafers as are ordered from time to time by AMD Inc. from
AMD Holding, in each case on the terms and conditions of the AMD Holding Wafer
Purchase Agreement;
WHEREAS, AMD Holding and AMD Saxonia have entered into the AMD Saxonia Wafer
Purchase Agreement dated as of March 11, 1997 (the "AMD Saxonia Wafer Purchase
--------------------------
Agreement"), pursuant to which AMD Holding has obtained the exclusive right to
- ---------
purchase Wafers from AMD Saxonia, and AMD Saxonia has agreed, on such exclusive
basis, to manufacture and sell Wafers to AMD Holding, (in each case on the terms
and conditions of the AMD Saxonia Wafer Purchase Agreement); and
WHEREAS, AMD Saxonia is planning to make certain changes in the technology to be
installed in the Plant which will change the capacity of the Plant to
manufacture Wafers, and AMD Saxonia and AMD Holding have agreed to amend the AMD
Saxonia Wafer Purchase Agreement to reflect such change in capacity;
NOW, THEREFORE, in consideration of the mutual agreements contained herein,
intending to be legally bound hereby, AMD Holding and AMD Saxonia agree as
follows:
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998