AMD 2007 Annual Report Download - page 201

10.4 Committee Powers and Duties. The Committee shall administer and enforce the Plan according to the terms and provisions hereof and shall have all
powers necessary to accomplish these purposes, including, but not by way of limitation, the complete and absolute discretion to construe all provisions of
the Plan and make all factual determinations and the right, power, authority, and duty:
(a) To make rules, regulations, and bylaws for the administration of the Plan that are not inconsistent with the terms and provisions hereof, and to
enforce the terms of the Plan and the rules and regulations promulgated thereunder by the Committee;
(b) To construe in its sole discretion all terms, provisions, conditions, and limitations of the Plan;
(c) To correct any defect or to supply any omission or to reconcile any inconsistency that may appear in the Plan in such manner and to such extent as it
shall deem in its discretion expedient to effectuate the purposes of the Plan;
(d) To employ and compensate such accountants, attorneys, investment advisors, and other agents, employees, and independent contractors as the
Committee may deem necessary or advisable for the proper and efficient administration of the Plan;
(e) To determine in its sole discretion all questions relating to eligibility;
(f) To establish or designate Investment Funds as provided in Article V;
(g) To determine whether and when there has been a termination of a Participant’s employment with the Company or an Employer, and the reason for
such termination;
(h) To make a determination in its sole discretion as to the right of any person to a benefit under the Plan and to prescribe procedures to be followed by
distributees in obtaining benefits hereunder; and
(i) To receive and review reports from the Trustee as to the financial condition of the Trust Fund, including its receipts and disbursements.
Notwithstanding the preceding, with respect to amounts attributable to 409A Benefits and with respect to administration of the Plan on and after January 1,
2005, the Committee shall administer and interpret the Plan in compliance with Code Section 409A and all related guidance issued pursuant to such Code
Section.
10.5Account Statements. The Committee shall provide a Participant with a statement of Accounts on a frequency of no less than annually.
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Source: ADVANCED MICRO DEVIC, 10-K, February 26, 2008