AMD 2001 Annual Report Download - page 187

Mr. Hector Ruiz
January 31, 2002
Page 10
termination on account of your accidental death after you have provided a Notice
of Termination for an Involuntary Termination,
(i) AMD shall pay to you in a lump sum in cash within thirty (30) days
after the Date of Termination (or such later date as may be specified
below for such payment):
(A) the amount equal to the sum of (x) the product of (I)
two (2) multiplied by (II) your Annual Base Salary plus
(y) the sum of the highest Annual Bonus and Additional
Bonus paid to you for any of the three (3) years prior
to the Date of Termination (this sum of the Annual Bonus
and the Additional Bonus shall be referred to as the
"Recent Annual Bonus") (including as paid for this
purpose any compensation earned but deferred, whether or
not at your election);
(B) the sum of (x) your Annual Base Salary through the Date
of Termination to the extent not theretofore paid, plus
(y) the product of (I) the Annual Bonus that you would
have received had you remained Chief Executive Officer
through the end of the calendar year in which occurs
your Date of Termination, multiplied by (II) a fraction,
the numerator of which is the number of days in the
fiscal year in which the Date of Termination occurs
through the Date of Termination and the denominator of
which is 365, but only to the extent not previously
paid; provided that any payments pursuant to this
paragraph (B) shall be made within 30 days following the
end of the calendar year in which occurs your Date of
Termination; and
(C) any remaining Excess Bonus provided that any payments
pursuant to this subparagraph (C) shall be paid
consistent with the provisions in Section 4(b) (the sum
of the amounts described in subparagraphs (B) and (C))
shall be hereinafter referred to as the "Accrued
Obligations";
Notwithstanding the foregoing, in the event that an Involuntary
Termination occurs by reason of subparagraph (a)(vi) of Section 9 or
by a Notice of Non-Renewal pursuant to Section 8(a) on or after the
date that you have been appointed to the position of Chairman of the
Board, AMD shall be required to pay to you instead of the amount
specified in subparagraph (A) above only an amount equal to two (2)
times your Annual Base Salary.
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 2002