AMD 2005 Annual Report Download - page 142

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2. Section 3.1 of the Plan by adding the following new Subsection (f) to the end thereof:
“(f)Special Deferral Election Rights. Pursuant to the authority granted by Q&A 21 of Notice 2005-1, and notwithstanding any other limitation
contained in Section 3.1 to the Plan, each Participant may file a separate election to defer some or all of his Compensation for the Plan Year ending
December 31, 2005, provided that:
(1) this special election must be submitted to the Committee on or before March 15, 2005; and
(2) any Compensation to which the special election applies may not be paid or payable at the time the election is submitted to the Committee.
Any amounts deferred under this Section 3.1(e) shall be subject to the Plan’s terms and conditions.”
3. Article VIII of the Plan by adding the following new Section 8.9 to the end thereof:
“Section 8.9Code Section 409A Compliance.
The adoption of Sections 3.1(e) and (f) is not intended to constitute a “material modification” of the Plan’s terms for purposes of Code Section 409A
and Prop. Treas. Reg. 1.409A-6(a)(4) with respect to amounts that were previously contributed to the Plan and became non-forfeitable on or before
December 31, 2004. With regard to amounts that become non-forfeitable on or after January 1, 2005, this Plan shall be administered in accordance with
the requirements of Code Section 409A and the regulatory guidance issued under such provision.”
IN WITNESS WHEREOF, the Company has caused the Plan to be amended by this Amendment Three this 9th day of November, 2005, to be effective
as stated herein.
ADVANCED MICRO DEVICES, INC.
ADMINISTRATIVE COMMITTEE
By: /s/ Mike Woollems
By: /s/ Kelly Smales
By: /s/ Reid Linney
2
Source: ADVANCED MICRO DEVIC, 10-K, February 27, 2006