Document:

EX-10.68

 Exhibit 10.68 

ADVANCED MICRO DEVICES, INC. 

EXECUTIVE SEVERANCE PLAN 

AND SUMMARY PLAN DESCRIPTION 

FOR SENIOR VICE PRESIDENTS 

(Effective December 31, 2014) 

INTRODUCTION 
 The Advanced Micro Devices,
Inc. Executive Severance Plan for Senior Vice Presidents (the “Plan”) is designated to provide separation pay to eligible terminating employees. 

ELIGIBILITY AND PARTICIPATION 
 You become
eligible to participate in the Plan if you meet all of the following criteria: 
  

	 	•	 	you are employed by Advanced Micro Devices, Inc. (“the Company” or “AMD”) in the United States; 

  

	 	•	 	you are employed at the Senior Vice President level; 

  

	 	•	 	you receive a written Notice stating you are eligible to participate in this Plan; and 

  

	 	•	 	you are not covered by an individual agreement that provides severance benefits (other than severance benefits in connection with a change in control of the Company). 

The business decisions that may result in you becoming eligible to participate in the Plan or to receive benefits under the Plan are decisions
to be made by the Plan Administrator in its sole discretion. 
 An employee who commences participation in the Plan is called a
“Participant.” Your participation ends when you are no longer eligible to receive any Plan benefits. Contractors to AMD are not eligible to participate in the Plan, nor are periods of service as a contractor service provider counted
towards eligibility for benefits under the Plan. 
 This Plan is intended to represent the exclusive severance benefits payable to a
Participant by the Company. Accordingly, any Participant who is entitled to receive severance benefits payable in connection with a change of control of the Company pursuant to a change in control agreement is prohibited from also receiving
severance benefits under this Plan. In other words, a Participant may not collect severance benefits under this Plan if he or she receives benefits under a change in control agreement between the Participant and the Company. 

For purposes of this Plan, “For Cause,” as determined in the sole discretion of the Plan Administrator, is defined as (a) a
violation of your obligations regarding confidentiality, or the protection of sensitive, confidential, or proprietary information and trade secrets; (b) an act or omission by you resulting in your being charged with a criminal offense involving
moral turpitude, dishonesty, or breach of trust; (c) conduct by you which constitutes a felony, plea of guilty or nolo contendere with respect to a felony under applicable law; (d) conduct by you that constitutes gross neglect;
(e) your insubordination or refusal to implement directives of your manager; (f) your chronic absenteeism other than an approved leave of absence per AMD’s policies; (g) your failure to cooperate with any internal investigation
of the Company; (h) the Plan Administrator’s determination that you violated AMD’s Worldwide Standards of 

 
Business Conduct or committed other acts of misconduct, or violation of state or federal law relating to the workplace (including laws related to sexual harassment or age, sex or other prohibited
discrimination); (i) your failure to substantially perform your job duties with the Company; or (j) your poor performance of your job duties as determined in the sole discretion of the Plan Administrator. 

For purposes of this Plan, you will be considered to be disabled if you are receiving salary continuation payments under a Company short-term
disability policy or a Company long-term disability plan. 
 BENEFITS 

If you are eligible, you will become a Participant and receive the benefits set forth in Schedule A (attached), only if you meet the criteria
for payment set forth in this Plan and you accept and return a complete and irrevocable Agreement and Release substantially in the form set forth in Schedule B (attached) in accordance with its terms. 

As set forth in Schedule A, your benefits may be reduced by any amounts payable pursuant to the Worker Adjustment and Retraining Notification
Act or any other legally imposed terms and conditions of employment under applicable federal, state or local statute, regulation or ordinance. 

To receive benefits under the Plan, you must: 
  

	 	•	 	not voluntarily terminate your employment, resign or retire with or from the Company for any reason; 

  

	 	•	 	be involuntarily terminated from the Company other than (a) For Cause, (b) as a result of a disability or death, or (c) through automatic termination due to an extended leave of absence;

  

	 	•	 	not have been offered a job with a company or organization that purchases (or has purchased) some or all of the operation in which you are employed, or is a direct or indirect successor in ownership or management of the
operation in which you are employed; 

  

	 	•	 	not have been offered a job with a company or organization that is affiliated (directly or indirectly) with the Company; 

  

	 	•	 	not receive severance pay or benefits under an individual agreement with the Company (including severance benefits under a change in control agreement); 

 

	 	•	 	execute and deliver to the Company a complete and irrevocable release of claims in the form provided to you by the Company; 

  

	 	•	 	continue as a satisfactory employee until released by the Company in accordance with its needs; and 

  

	 	•	 	abide by such other written terms and conditions as the Company may establish as a condition to participation in, or payment of benefits under, the Plan. 

  
 2 

 FORM AND TIMING OF BENEFIT 

The benefits payable hereunder may, at the discretion of the Plan Administrator, be paid in a lump sum cash payment or any other form of
payment as determined by the Plan Administrator. If the payment is in the form of a lump sum cash payment, the payment shall be made as soon as administratively practicable following your date of termination or earlier, if required to comply with
federal or state law. Alternatively, the benefit may be paid in some other method of payment as determined by the Plan Administrator in its sole discretion. Notwithstanding any provision of the Plan to the contrary, all payments under this Plan
shall be made no later than the end of the second calendar year following the year in which your termination of employment by the Company occurs. 

Notwithstanding any provision of the Plan to the contrary, if you are deemed by the Company at the time of your date of termination to be a
“specified employee” for purposes of Section 409A(a)(2)(B)(i) of the Internal Revenue Code of 1986, as amended (the “Code”), to the extent delayed commencement of any portion of the benefits to which you are entitled under
this Plan is required in order to avoid a prohibited distribution under Section 409A(a)(2)(B)(i) of the Code, such portion of your benefits shall not be provided to you prior to the earlier of (a) the expiration of the six-month period
measured from the date of the your “separation from service” (within the meaning of Section 409A(a)(2)(A)(i) of the Code) or (b) the date of your death. Upon the expiration of the applicable Code Section 409A(a)(2)(B)(i)
delay period, all payments subject to and deferred pursuant to this paragraph shall be paid in a lump sum to you. 
 AMENDMENT AND TERMINATION 

Although the Plan Administrator expects to maintain the Plan indefinitely, the Plan Administrator reserves the right to amend, modify or
terminate this Plan at any time. Therefore, entitlement to severance benefits under the Plan are not guaranteed and may be eliminated in the future in the sole discretion of the Plan Administrator, except where benefits under the Plan have been
provided or promised by AMD in a fully-executed and enforceable Severance Agreement and General Release made effective at the time of the employee’s termination of employment. Consideration provided by AMD under such a Severance Agreement and
General Release, once fully executed and effective, shall not be subject to modification or termination unilaterally by AMD or the Plan Administrator. 

NON-ALIENATION OF BENEFITS 
 No Plan
benefit can be anticipated, alienated, sold, transferred, assigned, pledged, encumbered or charged, and any attempt to do so will be void. 
 LEGAL
CONSTRUCTION 
 This Plan is drawn under and shall be construed in accordance with the Employee Retirement Income Security Act of 1976,
as amended (“ERISA”) and, to the extent not preempted by ERISA, with the laws of the State of Texas. 
 ADMINISTRATION AND OPERATION OF THE
PLAN 
 The Company is the “Plan Sponsor” and the “Plan Administrator” of the Plan as such terms are used in ERISA.
However, the Company may designate any person or a committee as the fiduciary designated to administer the Plan. Until determined otherwise, the Plan Administrator shall be AMD’s Administrative Committee. A member of the Administrative
Committee will not vote or act upon any matter relating solely to himself. 

  
 3 

 The Plan Administrator of the Plan is the named fiduciary that has the authority to control and
manage the operation and administration of the Plan. The Plan Administrator has full and absolute discretion to make such rules, regulations, interpretations of the Plan, make such computations as it may deem appropriate under the Plan, construe all
provisions of the Plan, to correct any defect, supply any omission, or reconcile any inconsistency which may appear in the Plan, to determine all questions relating to eligibility and all other matters relating to benefits under the Plan, and to
determine all controversies relating to the administration of the Plan. The Plan Administrator’s determinations and other actions shall be conclusive and binding upon all persons. The Plan Administrator may engage the services of such persons
or organizations to render advice or perform services with respect to its responsibilities under the Plan as it shall determine to be necessary or appropriate. Such persons or organizations may include (without limitation) actuaries, attorneys,
accountants and consultants. 
 Any person or group of persons may serve in more than one fiduciary capacity with respect to the Plan. The
responsibilities of the Plan Administrator under the Plan shall be carried out on its behalf by the Company’s directors, officers, employees and agents, acting on behalf or in the name of the Company in their capacity as directors, officers,
employees and agents and not as individual fiduciaries. The Company or the Plan Administrator may delegate any of its fiduciary responsibilities under the Plan to another person or persons pursuant to a written instrument that specifies the
fiduciary responsibilities so delegated to each such person. 
 The Plan Administrator has full and absolute discretion in the exercise of
its authority under this Plan, including without limitation, the authority to determine any person’s right to benefits under the Plan, the correct amount and form of any benefits, the authority to decide any appeal, the authority to review and
correct the actions of any prior administrative committee, and all of the rights, powers, and authorities specified in the Plan. Notwithstanding any provision of law or any explicit or implicit provision of this document, any action taken or ruling
or decision made, by the Plan Administrator in the exercise of any of its powers and authorities under the Plan, shall be final and conclusive as to all parties, regardless of whether the Plan Administrator or one or more of its members may have an
actual or potential conflict of interest with respect to the subject matter of the action, ruling, or decision. Thus, no final action, ruling, or decision of the Plan Administrator shall be subject to de novo review in any judicial proceeding and no
final action, ruling, or decision of the Plan Administrator may be set aside unless it is held to have been arbitrary and capricious by a final judgment of a court having jurisdiction with respect to the issue. 

BASIS OF PAYMENTS TO AND FROM THE PLAN 

All benefits under the Plan shall be paid by the Company. The Plan shall be unfunded and benefits hereunder shall be paid only from the general
assets of the Company. 
 WITHHOLDING TAXES 

The Company may withhold from all payments to you pursuant to this Plan all taxes that are required to be withheld under applicable federal,
state or local law. 
 DENIAL OF BENEFITS 

If you are terminated, the Plan Administrator will notify you of your entitlement to severance benefits. If you are denied severance benefits,
you may file a claim for Benefits. Under normal circumstances, your claim will be acted upon by the Plan Administrator within 90 days (up to 180 days if 

  
 4 

 
special circumstances require a delay) of receipt of your claim. If your claim is denied or reduced for any reason, the Plan Administrator will notify you of its action and the reasons why, with
specific references to the Plan provisions that apply. The Plan Administrator will also tell you how you can appeal the decision. If the Plan Administrator does not act upon your claim within 90 days, your claim is deemed denied. 

If your claim is denied or reduced, or the Plan Administrator does not act upon your claim within 90 days, you may file an appeal with the
Plan Administrator for a full and fair review of the denial of your claim. To do this, you must submit a written appeal to the Plan Administrator stating the reason you believe you are entitled to benefits. You shall have the opportunity to submit
written comments, documents, records and other information relating to your claim. You (or your duly authorized representative) shall be provided upon request and free of charge, reasonable access to, and copies of, all documents, records and other
information relevant to your claim. A decision on a request for review will be made not later than 60 days after receipt of a written request for review unless special circumstances require an extension of time for processing (such as the need to
hold a hearing), in which event a decision should be rendered as soon as possible, but in no event later than 120 days after such receipt by giving you written notice indicating the special circumstances requiring the extension of time prior to the
termination of the initial 60 day period. The decision on appeal shall be written and shall include specific reasons for the decision, written in a manner calculated to be understood by you, with specific references to the pertinent Plan provisions
on which the decision is based, a statement that you are entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records and other information relevant to your claim, and a statement of your right to
bring an action under ERISA section 502(a). 
 In carrying out its responsibilities under the Plan, the Plan Administrator has full and
final discretion to interpret the terms of the Plan and to determine eligibility for and entitlement to benefits in accordance with the terms of the Plan. 

No legal action for benefits under the Plan shall be brought unless and until you have followed the appeal procedure set forth above and have
your request for Plan benefits denied both initially and on appeal. No legal action for benefits under the Plan shall be brought after one year following the date your benefits under the Plan originally were denied or deemed denied. 

OTHER PLAN INFORMATION 
 Plan
Identification Number: 526 
 Employer Identification Number: 94-1692300 

Ending of the Plan’s Fiscal Year: The 52/53 week period ending on the last Saturday in December of each year and coincides with
the fiscal year of AMD. 
 Agent for the Service of Legal Process: The Plan’s agent for service of legal process is: CT
CORPORATION SYSTEM at either of the following addresses: 1350 Treat Blvd., Suite 100, Walnut Creek, CA 94596 (925) 287-2900 or 350 North St. Paul Street, Suite 2900, Dallas, TX 75201 (214) 979-1172. 

Plan Sponsor and Administrator: The Plan Sponsor is Advanced Micro Devices, Inc, and the Plan Administrator of the Plan is the
Administrative Committee of the Company, each of which may be contacted at One AMD Place, P.O. Box 3453, Sunnyvale, California 94088-3453, 408-732-2400. The Plan Administrator is the named fiduciary charged with responsibility for administering the
Plan. 

  
 5 

 ERISA/Section 409A: The Plan is not intended to be an “employee pension benefit
plan” within the meaning of section 3(2) of ERISA. Rather, the Plan is intended to constitute a “severance pay plan” within the meaning of Title 29, Code of Federal Regulations, § 2510.3-2(b). Payments under the Plan
are intended to be exempt from or comply with Section 409A of the Code. 
 STATEMENT OF ERISA RIGHTS 

As a Participant in the Plan, you’re entitled to certain rights and protections under ERISA. ERISA provides that all Plan participants
shall be entitled to: 
 Receive Information About Your Plan and Benefits 

 

	 	•	 	Examine, without charge, at the Plan Administrator’s office and at other specified locations, such as worksites, all documents governing the Plan and a copy of the latest annual report (Form 5500 Series) filed for
the Plan with the U.S. Department of Labor and available at the Public Disclosure Room of the Employee Benefits Security Administration. 

  

	 	•	 	Obtain, upon written request to the Plan Administrator, copies of documents governing the operation of the Plan, including insurance contracts and collective bargaining agreements, and copies of the latest annual report
(Form 5500 Series) and updated Summary Plan Description. The administrator may make a reasonable charge for the copies. 

Prudent Actions by Plan Fiduciaries 

In addition to creating rights for Plan participants, ERISA imposes duties upon the people who are responsible for the operation of an employee
benefit plan. The people who operate the Plan, called “fiduciaries” of the Plan, have a duty to do so prudently and in the interest of you and other Plan participants and beneficiaries. No one, including your employer or any other person,
may fire you or otherwise discriminate against you in any way to prevent you from obtaining a welfare benefit or exercising your rights under ERISA. 

Enforcement of Your Rights 

If your claim for a benefit is denied or ignored, in whole or in part, you have a right to know why this was done, to obtain copies of
documents relating to the decision without charge, and to appeal any denial, all within certain time periods. 
 Under ERISA, there are
steps you can take to enforce the above rights. For instance, if you request a copy of plan documents or the latest annual report from the Plan and do not receive them within 30 days, you may file suit in a Federal court. In such a case, the court
may require the Plan Administrator to provide the materials and pay you up to $110 a day until you receive the materials, unless the materials were not sent because of reasons beyond the control of the Plan Administrator. If you have a claim for
benefits which is denied or ignored, in whole or in part, you may file suit in a state or Federal court. If it should happen that Plan fiduciaries misuse the Plan’s money, or if you’re discriminated against for asserting your rights, you
may seek assistance from the U.S. Department of Labor, or you may file suit in a Federal court. The court will decide who should pay court costs and legal fees. If you’re successful, the court may order the person you have sued to pay these
costs and fees. If you lose, the court may order you to pay these costs and fees, for example, if it finds your claim is frivolous. 

  
 6 

 Assistance with Your Questions 

If you have any questions about the Plan, you should contact the Plan Administrator. If you have any questions about this statement or about
your rights under ERISA, or if you need assistance in obtaining documents from the Plan Administrator, you should contact the nearest office of the Employee Benefits Security Administration (EBSA), U.S. Department of Labor, listed in your telephone
directory, or at www.dol.gov/ebsa, or the Division of Technical Assistance and Inquiries, Employee Benefits Security Administration, U.S. Department of Labor, 200 Constitution Avenue N.W., Washington, D.C. 20210. You may also obtain certain
publications about your rights and responsibilities under ERISA by calling the publications hotline of the Employee Benefits Security Administration. 

  
 7 

 SCHEDULE A 

In exchange for a signed Severance Agreement and General Release, the following severance benefits will be paid to eligible Participants who are actively
employed at the Senior Vice President level at the time of their covered termination, under the Advanced Micro Devices, Inc. Executive Severance Plan for Senior Vice Presidents: 

 

	1.	A single lump sum severance payment equivalent to twelve (12) months’ base pay*; 

  

	2.	Payment by the Company of twelve (12) months’ of COBRA medical, dental and/or vision insurance premiums, based on Participant’s benefits plan elections in effect at the time of termination (continuation
under COBRA thereafter will be at Participant’s expense); and 

  

	3.	Use of the Employee Assistance Plan provided by the Company as part of the twelve months’ of COBRA coverage. 

The Company will set off on a pro-rata basis any severance pay amount in the event a Participant becomes re-employed by the Company during the 12 months
following receipt of a severance payment under this Plan. 
 *As permitted under the Plan, the benefits payable hereunder may, at the discretion of the Plan
Administrator, be paid in any other form of payment as determined by the Plan Administrator. These benefits may be reduced by any amounts payable pursuant to the Worker Adjustment and Retraining Notification Act or any other similar federal, state
or local statute, regulation or ordinance. In addition, payments hereunder shall be delayed to the extent required to ensure the Participant is not subject to additional taxation under Section 409A. 

  
 Schedule A 

 SCHEDULE B 

FORM OF SEVERANCE AGREEMENT AND RELEASE 

SEVERANCE AGREEMENT AND GENERAL RELEASE 

1. The intent of this Severance Agreement and Release (this “Agreement”) is to mutually, amicably and finally resolve and compromise
all issues and claims surrounding the employment of                          (“Participant”) and ADVANCED MICRO
DEVICES, INC. (“AMD”) and the conclusion of that employment. 
 2. In exchange for the release and promises described below, AMD
agrees to provide the benefits set forth in Schedule A, based on the Participant’s position at termination, to the Advanced Micro Devices Inc. Executive Severance Plan for Senior Vice Presidents (the “Plan”). 

3. Participant agrees that the payments and benefits set forth in Schedule A of the Plan constitute valuable consideration for the promises
and releases contained in this Agreement. 
 4. Participant agrees that this Agreement is strictly confidential and that he/she will not
disclose its contents to anyone except his/her legal counsel, immediate family, financial advisor or as required by law. 
 5. Participant
acknowledges that when he/she joined AMD, he/she executed and/or operated under an agreement regarding (among other things) assignment of inventions, non-solicitation and non-disclosure of confidential AMD or its predecessors’ information.
Participant also acknowledges that while employed by AMD, he/she had access to, acquired and assisted in the development of confidential and proprietary information, inventions and trade secrets relating to the present and anticipated business and
operations of AMD and third parties doing business with AMD, including (without limitation) product information, sales and marketing methods, marketing plans, sales forecasts and product plans, personnel data regarding employees of AMD (including
salaries) and other information of a similar nature not available to the public. Participant agrees to keep confidential and not to disclose or use (either directly or indirectly) confidential or proprietary information without the prior written
consent of AMD, or until the information otherwise becomes public knowledge. Participant further acknowledges and agrees that his/her invention assignment, non-solicitation, confidentiality and related obligations to AMD are affirmed here in their
entirety, and continue to apply to Participant after this Agreement and as a result of this Agreement. Participant agrees and understands that these confidentiality obligations apply to all confidential, proprietary, and/or trade secret information
capable of being used or shared by Participant outside of AMD in any manner. Participant is prohibited from using, repeating, or sharing any such information with any third party, whether in person, in writing, though use of digital media, in any
social media context, or in any other manner except where disclosure is required by formal legal process. 
 6. Participant agrees to
promptly return to AMD all copies and originals of documents, data, records, computers, mobile devices, computer software and documentation, notebooks, customer lists, bulletins, manuals, telephone and sales directories, production cost and
purchasing and marketing information or other information pertaining to AMD’s business. 
 7. Participant agrees that following
termination of his/her employment, he/she will not (a) make any statement, oral or written, that has the effect of disrupting, damaging, maligning, impairing, or interfering with the business of AMD, whether via public or private comment,
social media, or otherwise; (b) make false statements about AMD, its business, or its employees; and/or (c) contribute to or use electronic or social media in any manner to malign, defame, or harm AMD, its business, or its employees,

  
 Schedule B-1 

 
, and that for twelve (12) months following the termination of his/her employment, he/she will not directly or indirectly solicit the services of any AMD current or then-current employee for
any person or entity, or otherwise induce or attempt to induce such employee to terminate his/her employment with AMD. 
 8. In
consideration for the payment and undertaking described above, Participant, on behalf of him/herself and his/her successors and assigns, and any other person or entity on his/her behalf, completely releases and forever discharges AMD and any and all
of its affiliated or subsidiary companies, and their respective current and former shareholders, officers, agents, attorneys, employees, contractors and other contingent or third party workers, successors and assigns, from all claims, rights,
demands, actions, obligations, and causes of action of any and every kind, nature and character, known or unknown, which Participant may now have, or has ever had, against them arising from his/her employment relationship with AMD, the compensation,
benefits or wages provided for that employment, the termination of that employment, or any other relations of any kind between AMD and Participant, including (without limitation): any and all “wrongful discharge” claims; claims relating to
any alleged contracts of employment (express or implied); claims relating to any covenant of good faith and fair dealing (express or implied); claims for any tort of any nature; claims for damages, wages or benefits of any type (including claims for
sabbatical benefits) pursuant to any federal, state, or municipal statute or ordinance, including (without limitation) claims for damages for employment discrimination under the Civil Rights Act of 1866 (including Section 1981) or the Civil
Rights Act of 1964 (including Title VII), the Employee Retirement Income Security Act of 1974, the Age Discrimination in Employment Act, the Older Worker Benefits Protection Act, the Americans With Disabilities Act, the California Fair Employment
and Housing Act or Labor Code, the Texas Commission on Human Rights Act, the Massachusetts Fair Employment Practices Act, the Colorado fair employment statutes or any other law or legal principle or similar effect in any jurisdiction; and any and
all claims for attorneys’ fees and costs or claims related to AMD equity plans. This provision does not act to release claims that may arise after the date of execution of this waiver and release. 

9. As reasonably requested by AMD, Participant agrees to provide assistance to AMD and its representatives with respect to any legal matters
in which Participant is named as a party or of which Participant may have relevant knowledge or documents. Although Participant will receive no additional compensation for such assistance beyond the benefits set forth in Schedule A based on the
Participant’s position at termination, Participant will be reimbursed for reasonable expenses associated with such assistance that are approved in advance by AMD. 

10. Participant confirms that he/she has read Section 1542 of the Civil Code of the State of California, which provides as follows: 

A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING
THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. 
 Participant understands that
Section 1542 gives him/her the right not to release existing claims of which he/she is not now aware, unless he/she voluntarily chooses to waive this right. With this knowledge, Participant nevertheless voluntarily waives the rights described
in Section 1542 or any law or legal principle of similar effect in any jurisdiction and elects to assume all risks for claims that now exist in his/her favor, known or unknown. 

  
 Schedule B-2 

 11. This Agreement is not to be considered an admission of any liability or wrongdoing on the
part of AMD. Participant acknowledges awareness of, access to, and review of the AMD anti-discrimination policies, the AMD Worldwide Standards of Business Conduct, and the related description of the AMD AlertLine, which as an alternative to
traditional reporting to management allows AMD employees worldwide an opportunity to identify any good-faith concerns about any suspected non-compliance with such standards and policies. Participant represents here that to the extent that
Participant suspects or suspected any non-compliance with those standards, or non-compliance with any other AMD policy, that such concerns have been raised in full through use of the AlertLine or other reporting processes identified by AMD policy.

 12. If for any reason any provision of this Agreement is held to be unenforceable or unlawful, the remainder of the Agreement will remain
binding and in effect. 
 13. In the event it is necessary for any party to bring legal action to enforce the terms of this Agreement, the
prevailing party will be entitled to costs and reasonable attorneys’ fees. 
 14. Participant acknowledges he/she has been advised by
this writing that: (i) he/she should consult with an attorney prior to executing this Agreement; (ii) he/she has forty-five (45) days within which to consider this Agreement; and (iii) he/she has seven (7) days from the date
of execution of this Agreement to revoke this waiver and release. 
 If Participant wishes to enter into this Agreement, he/she must sign and date
it, and submit it to AMD so that AMD receives it within the forty-five (45) day consideration period. Participant should submit the executed Agreement to AMD at the following address: AskHR; AMD, Inc.; 7171 Southwest Parkway M/S B100.1.391;
Austin, TX 78745; Scan and email: askhr@amd.com or fax: 408-749-7208. 
 If Participant wishes to revoke this Agreement, he/she must submit a written
statement of revocation to AMD at the following address: AskHR; AMD, Inc.; 7171 Southwest Parkway M/S B100.1.391; Austin, TX 78745; Email: askhr@amd.com or fax: 408-749-7208. Participant understands and agrees that to be valid, the statement
of revocation must be received by AMD within seven (7) days of executing this Agreement. Participant further understands and agrees that if he/she revokes this Agreement, he/she forfeits all benefits he/she might have already received and/or
would have received under the Agreement. This Agreement will not become effective until the revocation period has expired, and it will be null and void if Participant revokes it pursuant to this paragraph 14. 

15. Participant agrees he/she is not executing this Agreement in reliance on any promises, representations or inducements other than those
contained in this Agreement; and that he/she is signing this Agreement voluntarily. Notwithstanding any other provision of this Agreement, this general release does not release any claims that cannot lawfully be released. Participant also agrees
that nothing in this Agreement prevents him/her from exercising his/her protected rights under federal or state law. This Agreement does not prevent Participant from filing a charge with or participating in an investigation or proceeding conducted
by the Equal Employment Opportunity Commission; provided, however, that Participant expressly waives and relinquishes any rights Participant might have to recover damages or other relief (equitable or legal) in any such proceeding. 

16. This Agreement and the Plan constitute the full and complete understanding of the parties, and fully supersedes any and all prior
agreements or understandings between the parties, whether oral or written, on the subject covered. 

  
 Schedule B-3 

							
		 		 		 	PARTICIPANT
				
		 		 		 	 
				
	Dated:                     	 		 		 	 
		 		 		 	(Signature)
				
		 		 		 	ADVANCED MICRO DEVICES, INC.
				
	Dated:                     	 		 		 	 

  
 Schedule B-4EX-10.19

 Exhibit 10.19 

AIRCRAFT TIME SHARING AGREEMENT 

This Aircraft Time Sharing Agreement (“Agreement”) is entered into this 12th day of February, 2015 by and between U.S.
Home Corporation (“Lessor”), a Delaware corporation whose address is c/o Lennar Corporation, 700 NW 107th Avenue, Suite 400, Miami, Florida 33172, and
                    (“Lessee”), whose address is
                    (collectively the ‘‘Parties”). 

RECITALS 
 WHEREAS, Lessor
operates and rightfully possess the aircraft described in Exhibit A attached hereto (individually and collectively, as the context may require, the “Aircraft”); 

WHEREAS, Lessor desires to lease the Aircraft to Lessee, and Lessee desires to lease the Aircraft from Lessor from time to time on a time
sharing basis as defined in Sections 91.501(b)(6), 91.501(c)(l) and 91.501(d) of the Federal Aviation Regulations (“FAR”); 

WHEREAS, this Agreement sets forth the understanding of the Parties as to the terms under which Lessor will provide Lessee with the use, on a
periodic basis, of the Aircraft; and 
 WHEREAS, the use of the Aircraft will at all times be pursuant to and in full compliance with the
requirements of FAR Part 91.501(b)(6), 91.501(c)(l), and 91.50l(d). 
 NOW, THEREFORE, in consideration of the mutual covenants and
agreements herein contained, the Parties agree as follows: 
  

	 	1.	General Provisions. 

 Lessor agrees to lease the Aircraft to Lessee pursuant to the provisions
of FAR Part 91.501(c)(l) and to provide a fully qualified flight crew for all operations. This Agreement shall commence on the date hereof (the “Effective Date”), and continue for the remaining portion of the Calendar Year (“Calendar
Year”) being defined as the period beginning January 1st of each year and ending December 31st of the same year). Thereafter, this Agreement may be renewed by Lessor upon the designation of a new Effective Date (the “New
Effective Date”), in each subsequent Calendar Year, in which case this Agreement shall continue from the New Effective Date for the remaining portion of that Calendar Year. Either party may at any time terminate this Agreement upon thirty
(30) days prior written notice to the other party. 
  

	 	2.	Cost of Use of Aircraft. 

 (a) In exchange for use of the Aircraft, Lessee shall pay to Lessor
for each flight conducted under this Agreement a lease fee in an amount equal to the actual expenses of each specific flight as authorized by FAR Part 91.501(d) , but in no case shall such reimbursements exceed the actual operating costs. Such
actual expenses shall include and are limited to: 
  

	 	(1)	Fuel, oil, lubricants and other additives; 

	 	(2)	Travel expenses of the crew, including food, lodging, and ground transportation; 

  

	 	(3)	Hangar and tie-down costs away from the Aircraft’s base of operation; 

  

	 	(4)	Insurance obtained for the specific flight; 

  

	 	(5)	Landing fees, airport taxes, and similar assessments; 

  

	 	(6)	Customs, foreign permit, and similar fees directly related to the flight; 

  

	 	(7)	In flight food and beverages; 

  

	 	(8)	Passenger ground transportation; 

  

	 	(9)	Flight planning and weather contract services; and 

  

	 	(10)	An additional charge equal to 100 percent of the expenses listed in sub-paragraph (a)(l) of this Section. 

(b) Lessor shall invoice, and Lessee shall pay, for all appropriate charges, in accordance with Sections 3 and 4 hereof. 

 

	 	3.	Taxes. 

 The parties acknowledge that, with the exception of Sections 2(a)(7) and
(8) hereof, the payments specified in Section 2 from Lessee to Lessor may be subject to federal excise tax imposed under Article 4261 of the Internal Revenue Code of 1986, as amended (the “Commercial Transportation Tax”). If
applicable, Lessee shall pay to Lessor (for remittance to the appropriate governmental agency) all Commercial Transportation Tax applicable to flights of the Aircraft conducted hereunder. 

 

	 	4.	Prepayment for Flights. 

 Upon the Effective Date hereof, Lessee shall deliver to Lessor
$100,000 to fund an account for the actual costs and payment of flights hereunder (the “Prepayment Fund”). No interest shall be paid on the Prepayment Fund. Immediately upon presentment of invoices for time-sharing flights, Lessor shall
apply funds from the Prepayment Fund to pay for and reimburse all reimbursable expenses hereunder for those flights. Monthly reconciliations shall be provided to Lessee which shall set forth the expenses of each specific flight through the last day
of the month in which any flight or flights for the account of Lessee occur, which expenses shall conform to FAR Part 91.501(d). Upon termination of this Agreement, any funds remaining in the Prepayment Fund shall be returned to Lessee within thirty
(30) days. As a matter of clarification, the Prepayment Fund is in the nature of a security deposit and not payment for transportation unless and until such time as an invoice is presented and funds are withdrawn to pay such invoice. 

  
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	 	5.	Operating Expenses. 

 Lessor shall pay all expenses related to the operation of the Aircraft for
time-sharing flights when such expenses are incurred. Lessor will provide a monthly reconciliation to Lessee for the expenses enumerated in paragraph 2 above on the last day of the month in which any flight or flights for the account of Lessee
occur. In the event that the net balance of the Prepayment Fund respecting any monthly reconciliation is less than $        , Lessee shall replenish the Prepayment Fund in an amount such that on the first day
of the following month the account shall be funded in an amount not less than $        . In the event expenses exceed the Prepayment Fund in any given month, Lessee shall pay such additional expenses upon
receipt of the invoice for the amounts exceeding the Prepayment Fund, which invoice shall be presented within fifteen (15) days of the time such expenses are incurred. 
  

	 	6.	Flight Crew. 

 Lessor shall pay for and provide a qualified flight crew for all flight
operations under this Agreement. In accordance with applicable Federal Aviation Regulations, the qualified flight crew provided by Lessor will exercise all of its duties and responsibilities in regard to the safety of each flight conducted
hereunder. Lessee specifically agrees that the flight crew, in its sole discretion, may terminate any flight, refuse to commence any flight, or take other action which in the considered judgment of the pilot in command is necessitated by
considerations of safety. No such action of the pilot in command shall create or support any liability for loss, injury, damage or delay to Lessee or any other person. The parties further agree that Lessor shall not be liable for delay or failure to
furnish the Aircraft and crew pursuant to this Agreement for any reason, including, without limitation, when such failure is caused by government regulation or authority, mechanical difficulty, war, civil commotion, strikes or labor disputes,
weather conditions, acts of God or other circumstances beyond Lessor’s control. 
  

	 	7.	Operational Control. 

 Lessor shall be responsible for the physical and technical operation of
the Aircraft and the safe performance of all flights and shall retain full authority and control, including exclusive operational control, and possession of the Aircraft at all times during the term of this Agreement. In accordance with applicable
FARs, the qualified flight crew provided by Lessor will exercise all required and/or appropriate duties and responsibilities in regard to the safety of each flight conducted hereunder. The Pilot-In-Command shall have absolute discretion in all
matters concerning the preparation of the Aircraft for flight and the flight itself, the load carried and its distribution, the decision whether or not a flight shall be undertaken, the route to be flown, the place where landings shall be made and
all other matters relating to operation of the Aircraft. Lessee specifically agrees that the flight crew shall have final and complete authority to delay or cancel any flight for any reason or condition which, in the sole judgment of the Pilot-In-Command, could compromise the safety of the flight and to take any other action which, in the sole judgment of the Pilot-In-Command, is necessitated by considerations of safety. No such action of the
Pilot-In-Command shall create or support any liability to Lessee or any other person for loss, injury, damages or delay. Lessee agrees that Lessor’s operation of the Aircraft is within the operation guidelines of the Lessor’s Flight
Operations Department manual and that the crews are responsible to operate within, the guidelines of FAR Part 91, and the Lessor’s Flight Operations Department manual. 

  
 3 

	 	8.	Covenants Regarding Aircraft Maintenance. 

 The Aircraft has been inspected in accordance with
the provisions of FAR Part 91. Lessor shall, at its own expense, inspect, maintain, service, repair, overhaul, and test the Aircraft in accordance with FAR Part 91. The Aircraft will remain in good operating condition and in a condition consistent
with its airworthiness certification, including all FAA-issued airworthiness directives and mandatory service bulletins. In the event that any non-standard maintenance is required during any applicable lease term, Lessor, or Lessor’s
Pilot-In-Command, shall immediately notify Lessee of the maintenance required, the effect on the ability to comply with Lessee’s dispatch requirements and the manner in which the Parties will proceed with the performance of such maintenance and
conduct of the balance of the planned flight(s). 
  

	 	9.	No Warranty. 

 NEITHER LESSOR (NOR ITS AFFILIATES) MAKES, HAS MADE OR SHALL BE DEEMED TO MAKE OR
HAVE MADE ANY WARRANTY OR REPRESENTATION, EITHER EXPRESS OR IMPLIED, WRITTEN OR ORAL, WITH RESPECT TO THE AIRCRAFT TO BE USED HEREUNDER OR ANY ENGINE OR COMPONENT THEREOF INCLUDING, WITHOUT LIMITATION, ANY WARRANTY AS TO DESIGN, COMPLIANCE WITH
SPECIFICATIONS, QUALITY OF MATERIALS OR WORKMANSHIP, MERCHANTABILITY, FITNESS FOR ANY PURPOSE, USE OR OPERATION, AIRWORTHINESS, SAFETY, PATENT, TRADEMARK OR COPYRIGHT INFRINGEMENT OR TITLE. 

 

	 	10.	Use of the Aircraft. 

 (a) Lessee’s use of the Aircraft from time to time may be for any
and all purposes allowed by applicable law. Lessee’s use shall include use of the Aircraft for the benefit of any related family member as well as for the transportation of unrelated guests, provided that Lessee shall make no charge nor accept
any payment for the transportation of any such persons. 
 (b) Lessee represents, warrants and covenants to Lessor that: 

(1) Lessee will use the Aircraft for and on account of his own business or personal use only and will not use any Aircraft for the purposes
of providing transportation of passengers or cargo in air commerce for compensation or hire; 
 (2) Lessee shall refrain from incurring any
mechanics or other lien in connection with inspection, preventative maintenance, maintenance or storage of the Aircraft, whether permissible or impermissible under this Agreement, and Lessee shall not attempt to convey, mortgage, assign, lease or
any way alienate the Aircraft or create any kind of lien or security interest involving the Aircraft or do anything or take any action that might mature into such a lien; 

  
 4 

 (3) during the term of this Agreement, Lessee will abide by and conform to all such laws,
governmental, and airport orders, rules, and regulations as shall from time to time be in effect relating in any way to the operation and use of the Aircraft by a time-sharing Lessee; 

(4) Lessee shall abide by all customs, immigration, border patrol and other laws and regulations regarding entry and exit from the United
States, and agrees that he will take no action that would or could cause the impoundment or seizure of the Aircraft. 
 (c) Lessee shall
provide Lessor’s Flight Operations Department with notice of his desire to use the Aircraft and proposed flight schedules as far in advance of any given flight as possible, and in any case, at least forty-eight (48) hours in advance of
Lessee’s planned departure. Requests for flight time shall be in a form, whether written or oral, mutually convenient to, and agreed upon by the Parties. In addition to the proposed schedules and flight times Lessee shall provide at least the
following information for each proposed flight at least one hour prior to scheduled departure as required by the Lessor or Lessor’s flight crew: 
  

	 	(1)	proposed departure point; 

  

	 	(2)	destination; 

  

	 	(3)	date and time of flight; 

  

	 	(4)	the number and identity of anticipated passengers and relationship to the Lessee; 

  

	 	(5)	the nature and extent of luggage and/or cargo to be carried; 

  

	 	(6)	the date and time of return flight, if any; and 

  

	 	(7)	any other information concerning the proposed flight that may be pertinent or required by Lessor or Lessor’s flight crew. 

(d) Lessor shall notify Lessee as to whether or not the requested use of the Aircraft can be accommodated and, if not, the Parties shall
discuss alternatives. 
 (e) Lessor’s prior planned utilization of the Aircraft will take precedence over Lessee’s use.
Additionally, any maintenance and inspection of the Aircraft takes precedence over scheduling of the Aircraft unless such maintenance or inspection can be safely deferred in accordance with applicable laws and regulations and within the sound
discretion of the Pilot-In-Command. 
 (f) Lessor shall have sole and exclusive authority over the
scheduling of the Aircraft. 
 (g) Lessor shall not be liable to Lessee or any other person for loss, injury, or damage occasioned by the
delay or failure to furnish the Aircraft and crew pursuant to this Agreement for any reason. 

  
 5 

	 	11.	Successors and Assigns. 

 Neither this Agreement nor any party’s interest herein shall be
assignable without the other party’s prior written consent thereto. This Agreement shall inure to the benefit of and be binding upon the parties hereto, their heirs, representatives, successors and permitted assigns. 

 

	 	12.	Notices. 

 All notices and other communications under this Agreement shall be in writing (except
as permitted in Section 10(c)) and shall be given (and shall be deemed to have been duly given upon receipt or refusal to accept receipt) by personal delivery, the next business day if given by facsimile (with a simultaneous confirmation copy
sent by first class mail properly addressed and postage prepaid) or by a reputable overnight courier service, addressed as follows: 
 If to
Lessor: 
 General Counsel 

U.S. Home Corporation 
 c/o Lennar
Corporation 
 700 NW 107th Avenue, Suite 400 

Miami, FL 33172 

			
	Phone:		(305) 229-6400
	Fax:		(305) 229-6650

 If to Lessee: 

[                    ] 

or to such other person or address as either party shall from time to time designate by writing to the other party. 

 

	 	13.	Governing Law and Consent to Jurisdiction. 

 This Agreement is entered into under and is to be
construed in accordance with the laws of the State of Delaware. The parties hereby consent and agree to submit to the exclusive jurisdiction and venue of any state or federal court in the State of Delaware in any proceedings hereunder, and each
hereby waives any objection to any such proceedings based on improper venue or forum non-conveniens or similar principles. The parties hereto hereby further consent and agree to the exercise of such personal jurisdiction over them by such courts
with respect to any such proceedings, waive any objection to the assertion or exercise of such jurisdiction and consent to process being served in any such proceedings in the manner provided for the giving of notices hereunder. 

  
 6 

	 	14.	Subordination. 

 This Agreement is subject to the terms and provisions of the Lease and Loan
Documents (as such terms are defined on Exhibit B hereto) and any related documents, agreements or instruments of any kind whatsoever. Without limiting the generality of the foregoing, the rights of Lessor, Lessee and any other party, person or
entity of any kind whatsoever claiming through any of Lessor or Lessee with respect to the Aircraft (and any and all proceeds thereof, including any insurance proceeds) shall be subject and subordinate in all respects to any and all of the rights,
privileges, powers, entitlements, benefits, remedies, title or interests of the lenders and/or lessors in the respective Lease and Loan Documents or to the Aircraft (and any and all proceeds thereof, including, any insurance proceeds), including,
all of its rights and remedies under or in connection with the respective Lease and Loan Documents and any related documents, agreements or instruments of any kind whatsoever. In addition, and notwithstanding anything to the contrary set forth in
this Agreement or otherwise, upon the occurrence of any Event of Default (as such term is defined in the applicable Lease and Loan Documents, as applicable) under or in connection with the applicable Lease and Loan Document, this Agreement shall
automatically and immediately terminate. 
  

	 	15.	Representations of Lessor. Lessor represents and warrants that: 

 (a) It has the
right, power and authority to enter into and perform its obligations under this Agreement, and the execution and delivery of this Agreement by Lessor have been duly authorized by all necessary action on the part of Lessor. This Agreement constitutes
a legal, valid and binding obligation of Lessor, enforceable in accordance with its terms. 
 (b) It is a corporation duly
organized, existing and in good standing under the laws of the State of Delaware and has all necessary power and authority under applicable law and its organizational documents to own or lease its properties and to carry on its business as presently
conducted. 
 (c) It is a “citizen of the “United States” as defined in Article 40102(a)(15) of Title 49,
United States Code. 
  

	 	16.	Representations of Lessee. Lessee represents and warrants that: 

 (a) Lessee will use the
Aircraft for and on account of Lessee’s own business or personal use only in strict accordance with the provisions of this Agreement, and specifically in accordance with applicable law, and will neither sell seats to passengers nor sell space
for cargo or otherwise use the Aircraft for the purpose of providing transportation of passengers or cargo in air commerce for compensation or hire. 

(b) Lessee shall refrain from incurring any mechanics or other lien in connection with inspection, preventive maintenance, maintenance or
storage of the Aircraft or otherwise, whether permissible or impermissible under this Agreement, and that Lessee shall refrain from attempting to convey, mortgage, assign, lease or any way alienate the Aircraft or from creating any kind of lien or
security interest involving the Aircraft, or do anything or take any action that might mature through notice or the passage of time into such a lien. 

(c) During the term of this Agreement, Lessee will abide by and conform to all such laws, governmental and airport orders, rules and
regulations, as shall from time to time be in effect relating in any way to the operation and use of the Aircraft by a time-sharing lessee, including, without limitation, Part 91 of the FARs. 

  
 7 

	 	17.	Limitation of Liability; Indemnification. 

 EACH PARTY AGREES THAT (A) THE PROCEEDS OF
INSURANCE TO WHICH IT IS ENTITLED, (B) ITS RIGHTS TO INDEMNIFICATION FROM THE OTHER PARTY UNDER THIS SECTION, AND (C) ITS RIGHT TO DIRECT DAMAGES ARISING IN CONTRACT FROM A MATERIAL BREACH OF THE OTHER PARTY’S OBLIGATIONS UNDER THIS
AGREEMENT ARE THE SOLE REMEDIES FOR ANY DAMAGE, LOSS, OR EXPENSE ARISING OUT OF THIS AGREEMENT OR THE SERVICES PROVIDED HEREUNDER OR CONTEMPLATED HEREBY. 

EXCEPT AS SET FORTH IN THIS SECTION 17, EACH PARTY WAIVES ANY RIGHT TO RECOVER ANY DAMAGE, LOSS, OR EXPENSE ARISING OUT OF THIS AGREEMENT OR
THE SERVICES PROVIDED HEREUNDER OR CONTEMPLATED HEREBY. IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR OR HAVE ANY DUTY FOR INDEMNIFICATION OR CONTRIBUTION TO THE OTHER PARTY FOR ANY CLAIMED INDIRECT, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR
FOR ANY DAMAGES CONSISTING OF DAMAGES FOR LOSS OF USE OR DEPRECIATION OF VALUE OF THE AIRCRAFT, LOSS OF PROFITS OR INSURANCE DEDUCTIBLE. 

The provisions of this Section 17 shall survive the termination or expiration of this Agreement. 

 

	 	18.	Counterparts. 

 This Agreement may be executed in any number of counterparts, each of which
shall be deemed an original, and all of which shall constitute one and the same Agreement, binding on all the parties notwithstanding that all the parties are not signatories to the same counterpart. 

 

	 	19.	Further Acts. 

 Lessor and Lessee shall from time to time perform such other and further acts
and execute such other and further instruments as may be required by law or may be reasonably necessary to: (i) carry out the intent and purpose of this Agreement; and (ii) establish, maintain and protect the respective rights and remedies
of the other party. 

  
 8 

	 	20.	Entire Agreement. 

 This Agreement constitutes the entire understanding among the Parties with
respect to its subject matter, and there are no representations, warranties, rights, obligations, liabilities, conditions, covenants, or agreements other than as expressly set forth herein. 

 

	 	21.	Severability. 

 In the event that any one or more of the provisions of this Agreement shall for
any reason be held to be invalid, illegal, or unenforceable, those provisions shall be replaced by provisions acceptable to both Parties to this Agreement. 
  

	 	22.	Truth-in-Leasing. 

 Lessor shall mail (or otherwise file) a copy of this Agreement for and on
behalf of both Parties to or with the Federal Aviation Administration Civil Aircraft Registry- Technical Section within twenty-four (24) hours of its execution, as provided by FAR Part 91.23€(1). Additionally, Lessor agrees to comply with
the notification requirements of FAR Section 91.23 by notifying the FAA Flight Standards District Office nearest to the departure location at least forty-eight (48) hours prior to the first flight under this Agreement. 

(a) LESSOR CERTIFIES THAT AS OF THE EFFECTIVE DATE THE AIRCRAFT HAS BEEN INSPECTED IN ACCORDANCE WITH THE PROVISIONS OF PART 91 OF THE FEDERAL
AVIATION REGULATIONS AND THAT ALL APPLICABLE REQUIREMENTS FOR THE AIRCRAFT’S MAINTENANCE AND INSPECTION THEREUNDER HAVE BEEN MET AND ARE VALID FOR THE OPERATIONS TO BE CONDUCTED UNDER THIS AGREEMENT. 

(b) LESSOR, WHOSE ADDRESS APPEARS IN PARAGRAPH 13 ABOVE AND WHOSE AUTHORIZED SIGNATURE APPEARS BELOW, AGREES, CERTIFIES AND ACKNOWLEDGES THAT
WHENEVER THE AIRCRAFT IS OPERATED UNDER THIS AGREEMENT, LESSOR SHALL BE KNOWN AS, CONSIDERED AND SHALL IN FACT BE THE OPERATOR OF THE AIRCRAFT AND THAT LESSOR UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION
REGULATIONS. 
 (c) THE PARTIES UNDERSTAND THAT AN EXPLANATION OF FACTORS AND PERTINENT FEDERAL AVIATION REGULATIONS BEARING ON OPERATIONAL
CONTROL CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. 
 (d) LESSEE’S ADDRESS IS C/0 LENNAR CORPORATION 700 NW 107TH AVENUE,
SUITE 400, MIAMI, FL 33172. 

  
 9 

 IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed on the day and
year first above written. 
  

			
	Lessor:
	
	U.S. HOME CORPORATION
	
	  

	Title:		Vice President
	
	Lessee:

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