AMD 2004 Annual Report Download - page 383

There shall be no limitation on Contractor’s liability for damages resulting from Contractor’s gross negligent or intentional conduct.
14.4. Insurance
Contractor shall conclude, and maintain during the entire term of this Agreement, a liability insurance (Haftpflichtversicherung einschließlich
Betriebshaftpflichtversicherung, Bauwesen- und Montageversicherung sowie Umwelthaftpflichtversicherung) of a coverage of not less than Euro
30,000,000.00 occurrence and of Euro 60,000,000.00 calendar year each.
This insurance shall also cover damages caused by persons or entities engaged by Contractor for the fulfillment of Contractor’s obligations
(Erfüllungsgehilfen des Contractors, e.g. employees, legal representatives or subcontractors).
Company shall be named as co-insured (zusätzlicher Versicherter).
Contractor guarantees and confirms that it will always - and in time – pay the premiums and other amounts to keep the said insurances valid and in
force. Contractor shall oblige the insurance companies to notify Company in case Contractor does not meet Contractor´s obligations under the
insurance policies and in case of changes with respect to the insurance policy. In this case Company shall have the right to pay the amounts due and
to deduct these amounts from any payments to be rendered to Contractor under, or connected to, this Agreement.
The Parties shall – on request of either Party – in good faith enter into negotiations with respect to mutually agreed reasonable amendments to the
insurance contract.
14.5. Nature of Company’s Approval
Notwithstanding any review, revision, comment or approval by Company of, or failure to review, revise, comment or approve, any of the Works or
any Design Document, other documents, specifications, drawings, data, information, sheets, letters, materials etc. of Fab X, Contractor shall
remain solely responsible for all Works, the execution thereof and all obligations under this Agreement.
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Source: ADVANCED MICRO DEVIC, 10-K, March 01, 2005