AMD 2001 Annual Report Download - page 176

In no event will an exercise period extend beyond the expiration date of the
options.
If you are uncertain about the final day to purchase options, be sure to contact
Treasury Services at least several weeks before the date on which you think your
right to exercise your options ends.
Forfeiting Stock Options
Your stock options are forfeited under the earliest of these circumstances:
. You do not exercise the options before their expiration date,
. You are not vested to them when you leave AMD, or
. You or your beneficiary (if you die) do not exercise your options within the
applicable period for exercising them after you leave AMD.
If you are terminated because of misconduct, AMD reserves the right to cancel
all your options, whether vested or unvested.
No Reinstatement of Forfeited Stock Options If Rehired By AMD
If you have a break in service with AMD, your nonvested options are canceled and
will not be reinstated, even if you are rehired the day after your break in
service.
Treasury Services Department
Treasury Services is located at AMD's Sunnyvale, California office. The staff
can be contacted as follows:
Phone: [phone]
Fax: [phone]
Treasury Services' normal hours are between 9:00 a.m. and 5:00 p.m. U.S. Pacific
time during AMD's regular business day.
Transfer of Stock Options
Your stock options may be transferred only as follows:
. By a court-issued qualified domestic relations order,
. By your last will and testament, or
. By the laws of descent and distribution if you left no valid will.
Stock options transferred by a qualified domestic relations order expire twelve
months after the date of transfer.
Any other transfer or assignment of your stock options will not be accepted and
gives AMD the right to terminate your options as of the date of the attempted
transfer or assignment.
Changes in Capitalization of AMD
The Board of Directors will adjust the number of shares or the class of stock
subject to your options if the outstanding number of AMD common stock changes as
a result of changes in the capitalization of the company. These changes in
capitalization include stock dividends, mergers, consolidations,
re-capitalization, or split-up, combinations or exchange of shares.
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 2002