AMD 2000 Annual Report Download - page 68

Executive under this Agreement which are unpaid at the date of Executive's death
or payable hereunder or otherwise by reason of his death, unless otherwise
expressly provided herein, shall be paid in accordance with the terms of this
Agreement to Executive's Estate.
Company shall provide Executive with a split dollar life insurance
policy in the amount of one million dollars ($1,000,000). Under the terms of
such split dollar arrangement, on Executive's death, Company shall recover its
cumulative premiums paid. If Executive's employment with Company terminates for
any reason or Executive desires for any reason to dissolve the split dollar
arrangement, Executive may take ownership of the policy by paying to Company an
amount equal to Company's cumulative premiums paid, in which event Company shall
assign to Executive all of its interest under such policy.
11. Confidential Information
This and the next following Section 12 supersede all previous
agreements, if any, between Executive and Company relating to confidential
affairs of Company and to inventions conceived or made by Executive. Executive's
obligations hereunder are made partly in consideration of the salary to be paid
during service by Company. Confidential information shall mean all information
generated by Executive or obtained by Executive from or disclosed to Executive
by Company which relates to Company's past, present, and future research,
development and business activities, trade secrets, including in particular, all
matters of a technical nature, such as "know-how," formulae, secret processes or
machines, inventions, and research projects, and matters of a business nature,
such as information about costs, profits, markets, sales, lists of customers,
and any other information of a similar nature, also including plans for further
development. Except as authorized by Company in writing, Executive shall hold
all such confidential information in trust and confidence for Company, and
agrees not to disclose them to anyone outside of Company, either during or after
service with Company. This commitment shall impose no obligation upon Executive
with respect to any portion of the confidential information which (i) is now or
hereafter, through no act or failure to act on his part, becomes generally known
or publicly available, (ii) is hereafter furnished to Executive by a third party
as matter of right and without restriction on disclosure, or (iii) is furnished
to others by Company without restriction on disclosure. Executive further agrees
to deliver promptly to Company on termination of employment with Company, or at
any time it may so request all memoranda, notes, records, reports, manuals,
drawings, blueprints, and any other documents containing any confidential
information as defined above, including all copies of such materials which
Executive may then possess or have under his control. The rights and obligations
set forth in this Section 11 shall survive according to the terms hereof and
continue after any expiration or termination of this Agreement or the service
specified herein. In the event of a breach or threatened breach by Executive of
the provisions of this Section 11, Company shall be entitled to an injunction
restraining Executive from disclosing, in whole or in part, any of such
confidential information, or from rendering any services to any person, firm,
corporation, association, or other entity to whom such confidential information,
in whole or in part, has been disclosed or is threatened to be disclosed.
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Source: ADVANCED MICRO DEVIC, 10-K405, March 20, 2001