AMD 2007 Annual Report Download - page 188

(c) Crediting of Deferrals. Compensation Deferrals made by a Participant shall be credited to such Participant’s Deferral Account as of a date
determined in accordance with procedures established from time to time by the Committee.
3.2 Company Contribution Account. The Committee shall establish and maintain a Company Contribution Account for each Participant under the Plan. As
of any date or dates selected by the Company, the Company may credit a Participant’s Company Contribution Account with an amount of Company
Matching Contributions and/or Company Discretionary Contributions, if any, which the Company in its sole discretion shall determine. Such credits may
be made on behalf of some Participants but not others, and such credits may vary in amount among individual Participants. Each Participant’s Company
Contribution Account shall be further divided into separate investment fund subaccounts corresponding to the investment fund elected by the Participant
pursuant to Article V.
3.3. Funding. The Company may, but is not obligated to, establish a grantor trust of the Company with an institutional Trustee to set aside assets to fund its
obligations under this Plan. Although the principal of the trust and any earnings thereon shall be held separate and apart from other funds of the Company
and would be used exclusively for the uses and purposes of Plan Participants and Beneficiaries as set forth therein, neither the Participants nor their
Beneficiaries would have any preferred claim on, or any beneficial ownership in, any assets of the trust prior to the time such assets are paid to the
Participants or Beneficiaries as benefits and all rights created under this Plan shall be unsecured contractual rights of Plan Participants and Beneficiaries
against the Company. Any assets held in a trust established by the Company to fund its obligations under this Plan will be subject to the claims of the
Company’s general creditors under federal and state law in the event of insolvency as defined in applicable trust agreement.
ARTICLE IV.
ALLOCATIONS TO PARTICIPANT ACCOUNT
4.1 Individual Account. The Committee shall create and maintain adequate records to disclose the interest hereunder of each Participant, former Participant
and Beneficiary. Such records shall be prepared and shall consist of an Individual Account (including applicable subaccounts) reflecting all credits and
debits made to such Account in the manner herein described. This Account shall be credited as follows:
(a) Amounts attributable to Compensation Deferrals shall be credited to the Participant’s Deferral Account.
(b) Amounts attributable to Company Matching Contributions or Company Discretionary Contributions shall be credited to the Participant’s Company
Compensation Account.
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Source: ADVANCED MICRO DEVIC, 10-K, February 26, 2008