AMD 2007 Annual Report Download - page 192

(2) The amount of the Early Distribution may equal up to ninety percent (90%) of the amount credited to his Grandfathered Benefits
Subaccount.
(3) The amount described in subsection (2) above shall be paid in cash in a single lump sum distribution as soon as practicable after the end of
the calendar quarter in which the Early Distribution election is made, and based upon the account valuations as of that calendar quarter.
(4) If a Participant requests an Early Distribution of his entire vested account, the remaining balance of his Account (i.e., ten percent (10%) of
the Account) shall be permanently forfeited and the Company shall have no obligation to the Participant or his Beneficiary with respect to
such forfeited amount. If a Participant receives an Early Distribution of less than his entire vested account, such Participant shall forfeit ten
percent (10%) of the gross amount to be distributed from the Participant’s Account and the Company shall have no obligation to the
Participant or his Beneficiary with respect to such forfeited amount.
(5) If a Participant receives an Early Distribution of either all or a part of his Account, the Participant will be ineligible to participate in the Plan
for at least twelve (12) consecutive months following the date of distribution. This suspension period shall begin as soon as administratively
feasible; provided, however, that, to the extent required to comply with Code Section 409A, it shall be delayed until the first day of the
immediately following Plan Year.
(6) All Early Distributions shall be made on a pro rata basis from a Participant’s Deferral Account and Company Contributions Account and
each Investment Funds in such subaccounts.
7.2 Rules Governing 409A Benefits.
(a) Scheduled In-Service Distributions with Respect to 409A Benefits.
(1) At the time a Participant makes his deferral election for a Plan Year, the Participant may also file an irrevocable election to have all or a
portion of the amount credited to his Individual Accounts for such Plan Year paid directly to him:
A. In a single lump sum cash payment on a designated date; or
B. In annual cash payments extending over a period of three (3) to ten (10) years, which the Participant shall specify in his election.
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Source: ADVANCED MICRO DEVIC, 10-K, February 26, 2008