Home » AMD Annual Reports » 2000 Annual Report - page 105

AMD 2000 Annual Report Download - page 105

Download and view the complete annual report

Please find page 105 of the 2000 AMD annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

================================================================================

AMD VICE PRESIDENT INCENTIVE PROGRAM

================================================================================

Table VI

-----------------------------------------------------------------------

Performance Level

------------------------------------------------------------------------

Target Maximum

Threshold (1.0 Multiplier) (2.0 Multiplier)

-------------------------------------------------------------------------------------------------------------------------------

AMD ROE minus S&P

Roe Component -6% 0 6%

500 ROE (3-year)

-------------------------------------------------------------------------------------------------------------------------------

AMD Sales Growth %

Sales Component minus WSTS Sales -30% 0 20%

Growth % (3-year)

-------------------------------------------------------------------------------------------------------------------------------

For example, if AMD's 3-year ROE is 10% and the S&P ROE is 10%, a

multiplier of 1.0 is generated for the ROE component. If AMD's 3-year

Sales Growth is 30% and the WSTS Sales Growth is 10%, a multiplier of

2.0 is generated for the Sales component.

Then, the Combined LTP Target Multiplier is calculated:

-----------------------------------------------------------

ROE Component Multiplier x Sales Component Multiplier

= Combined LTP Multiplier

-----------------------------------------------------------

So, in our example, the Combined LTP Multiplier is 2.0:

-----------------------

(1.0 x 2.0) = 2.0

-----------------------

The threshold performance level for both factors must be met in order

for an LTP bonus to be possible. Formulas generate multipliers for

actual performance falling between the parameters on Table VI. The

maximum multiplier when both factors are combined is two (2.0).

Table VII displays combined LTP Multipliers resulting from various ROE

and Sales Growth performance levels. Formulas are used to calculate

values falling between those shown.

Source: ADVANCED MICRO DEVIC, 10-K405, March 20, 2001