Document:

Sign-On Bonus Agreement

 Exhibit 10.64 

 

			
	CONDITIONAL SIGN-ON BONUS AGREEMENT	 	 

 This Conditional Sign-On Bonus Agreement (the “Agreement”) is entered into by and between Advanced Micro
Devices, Inc. (including its affiliated companies) (“AMD”) and Dr. Lisa Su (“Candidate”) (collectively, the “Parties”). 
  

	 	1.	 Conditional Sign-On Bonus. AMD agrees to pay Candidate a one-time Conditional Sign-On Bonus of up to $225,000 (“Bonus”),
subject to all required taxes and withholdings, to be paid within thirty (30) days following Candidate’s first day of work for AMD (“Start Date”). The Parties agree that the Bonus is an unvested wage advance upon receipt that
Candidate will earn in its entirety by remaining employed by AMD for 24 months following the Start Date. 

 Due to Candidate’s voluntary termination of employment with her prior employer, it is expected that Candidate will not be paid a bonus for the second half of the 2011 performance period or a bonus at
a level commensurate with the bonuses paid to other executives of Candidate’s prior employer. However, if Candidate is paid a bonus by her prior employer for the second half of the 2011 performance period, the amount of the Bonus payable
hereunder shall be reduced by the amount of such bonus the Candidate receives. Candidate shall inform AMD of the amount of any bonus paid to Candidate by her prior employer with respect to the second half of the 2011 performance period. 

 

	 	2.	 Repayment of Bonus. Candidate agrees to repay to AMD all or a prorated amount of the Bonus, according to the following terms:

  

	 	(a)	 Repayment Due to Termination of Employment. If Candidate’s employment with AMD terminates less than 13 full months after the Start Date,
Candidate agrees to repay one hundred percent (100%) of the Bonus. If Candidate’s employment with AMD terminates at least 13 full months after the Start Date, but less than 24 full months after the Start Date, Candidate agrees to repay the
full amount of the Bonus, less eight point thirty-three percent (8.33%) for each full month of employment completed after the twelfth month of employment. Candidate agrees that repayment obligations under this Agreement are not reduced
by completion of partial months of employment. Candidate further agrees that Candidate will repay the Bonus by no later than the effective date of the employment termination, and that any outstanding balance on such repayment obligation is
delinquent and immediately collectable the day following the effective date of termination. 

  

	 	(b)	 Repayment Due to Payment of Bonus from Prior Employer. If Candidate is paid a bonus by her prior employer for the second half of the 2011
performance period following the payment of the Bonus hereunder, Candidate agrees to repay AMD an amount equal to such prior employer bonus (not to exceed $225,000) within 30 days of the receipt of such prior employer bonus.

  

	 	(c)	 Repayment Forgiveness. AMD agrees to forgive any repayment due AMD under this Agreement where AMD terminates Candidate’s employment due
to a company- or department-wide reduction-in-force. AMD may also, in its sole discretion, forgive any repayment due AMD under this Agreement under circumstances of an extraordinary or unavoidable nature. The Parties agree that Candidate’s
voluntary termination of his/her employment, or AMD’s termination of Candidate’s employment for any reason other than those stated in this section 2(b), are not conditions requiring forgiveness of any repayment due AMD under this
Agreement. 

  

	 	3.	 No Guarantee of Continued Employment. Nothing in this Agreement guarantees employment for any period of time. 

 

	 	4.	 Consent to Offset. Candidate agrees that any repayment due AMD under this Agreement may be deducted to the extent permitted by law from any
amounts due Candidate from AMD at the time of employment termination, including wages, accrued vacation pay, incentive compensation payments, bonuses and commissions, and hereby expressly authorizes such deduction(s). 

 

	 	5.	 Acknowledgements and Integration. Candidate understands he/she has the right to discuss this Agreement with any individual, and that to the
extent desired, he/she has availed himself/herself of this opportunity. Candidate further acknowledges that he/she has carefully read and fully understands the provisions of this Agreement, and that he/she is voluntarily entering into it without any
duress or pressure from AMD. Candidate also understands and acknowledges that this Agreement is the entire agreement between him/her and AMD with respect to this subject matter, and Candidate acknowledges that AMD has not made any other statements,
promises or commitments of any kind (written or oral) to cause Candidate to agree to the terms of this Agreement. 

  

	 	6.	 Severability. The Parties agree that should any provision of this Agreement be declared or determined by any court to be illegal, invalid or
unenforceable, the remainder of the Agreement shall nonetheless remain binding and enforceable and the illegal, invalid or unenforceable provision(s) shall be modified only so much as necessary to comply with applicable law.

  

			
	CANDIDATE	  	ADVANCED MICRO DEVICES, INC. (including its affiliated companies)
		  	

        

  

											
	Signature:	  	 /s/ Lisa Su
	  		  	By:	  	 John Termotto
	  	
	Printed Name:	  	 Lisa Su
	  		  	Title:	  	 Head of Global Talent Acquisition
	  	
	Date:	  	 Dec 14, 2011
	  		  	Date:	  	 21NOV11
	  	

 6/07 (U.S. and Canada) – LGLOffer Letter

 Exhibit 10.65 

 
 

 
 AMD Austin 
 7171 Southwest Parkway 
 Austin TX 78735 

T 512.602.1000 

amd.com 
 Personal
and Confidential  
 December 5, 2011 
 Dear Lisa: 
 At Advanced Micro Devices, Inc. (AMD), we believe that a great company is made up of
great people. In that spirit, we are pleased to extend to you this offer of employment in our growing company to be based in Austin, TX. 
 You
are being offered the position of Senior Vice-President & General Manager, Product Group, reporting to Rory Read, President & Chief Executive Officer.  
 Your employment will begin on a date mutually acceptable to you & Rory Read. All new AMD employees start on a Monday. 
 Base Salary Your initial bi-weekly salary will be $22,115.38 ($575,000.00 annualized). All payments are subject to deductions and withholdings required by law. 

Conditional Sign-On Bonus You will be paid a one-time Conditional Sign-On Bonus of up to $225,000 (“Bonus”), subject to all
required taxes and withholdings. Due to your voluntary termination of employment with your prior employer, it is expected that you will not be paid a bonus for the second half of the 2011 performance period or a bonus at a level commensurate with
the bonuses paid to other executives of your prior employer. However, if your are paid a bonus by her your prior employer for the second half of the 2011 performance period, the amount of the Bonus payable hereunder will be reduced by the amount of
the bonus you receive . You are expected to inform AMD of the amount of any bonus paid to you by your prior employer with respect to the second half of the 2011 performance period. You will receive this bonus payment, if any, within 30 days of the
date of your start of employment with AMD. The bonus is only earned in its entirety when you have been employed at AMD for two full years. If your AMD employment terminates prior to two years from your hire date, you must repay to AMD all or a
prorated amount of the bonus according to the terms and conditions of the enclosed Conditional Sign-On Bonus Agreement. In addition, if you receive a bonus from your prior employer for the second half of the 2011 performance period following payment
of the Bonus, you must repay AMD an amount equal to the bonus your received from your prior employer (not to exceed $225,000). You must sign and date the enclosed Conditional Sign-On Bonus Agreement, and return the original of the agreement along
with the original of this executed offer and acceptance letter. 
 Executive Incentive Plan You will be eligible to participate in
AMD’s Executive Incentive Plan (Bonus Plan) in accordance with the terms and conditions of the applicable Bonus Plan document. Your initial target bonus opportunity will be 100% of your Base Salary. All Bonus Plan payments are at the
discretion of AMD management and may be adjusted based on job performance, business conditions and/or employment dates. Target bonus opportunities are subject to review and may be adjusted, generally each plan year. All Bonus Plan payments are
subject to deductions and withholdings required by law.  
 Performance Bonus Plan You will be eligible for a one-time Performance
Bonus up to $100,000. The amount of the bonus will be based on you achieving specific objectives assigned to your position, overall company financial results and the assessment of the President & Chief Executive Officer and the
Compensation Committee, for the performance period ending December 31, 2012. 

 Long Term Incentives You will be granted a quantity of stock options and restricted stock units
(RSU’s) with a combined target value equivalent to USD 3,250,000. The formula for determining the number of RSU’s and stock options follows: 
  

	 	•	 	 # of RSU’s = USD 1,625,000 divided by the 30-day average closing price through the grant date 

 

	 	•	 	 # of stock options = USD 1,625,000 divided by the 30-day average closing price through the grant date and divided by 41.71%(Q3 2011 option
pricing valuation using the Binomial Option Pricing Model) 

 The Compensation Committee of the Board of
Directors has approved both grants and has set the date of grant as the 15th of the month following your first day of employment with AMD. The RSU’s will generally vest over a 36-month period from date of grant: 33.3% after approximately 12 months from the date of grant, and
then 33.3% every 12 months over the next 24 months, assuming continuous active service. The stock options will vest over a 36-month period from the date of grant: 33.3% after approximately 12 months from the date of grant, and then 8.3%
every three months over the next 24 months, assuming continuous active service. The stock option and RSU grants are an opportunity provided by AMD that is separate from and in addition to your regular compensation, with rights and obligations
governed by the applicable equity plan documents. 
 Benefits AMD makes available to its employees a comprehensive benefits program,
including medical, dental, vision, life and disability coverage, and 401(k) retirement savings plan. You will receive additional details about these benefits, including eligibility terms. 
 Vacation and Holidays At the outset of your employment, you will be eligible for 15 days of vacation per calendar year, pro-rated during your first calendar year of employment. In addition,
AMD offers its employees at least 10 paid holidays each year. 
 Background Check and Export License Requirements This offer is
contingent upon you successfully passing a background investigation to be performed by AMD’s Security Investigations Department. As lawfully permitted, this background investigation includes an investigation of criminal records, previous
employment history and references, and educational background. If applicable, this offer is also contingent on AMD successfully obtaining an export license for you in accordance with government regulations. Please protect your current employment
until the background check and export license processes are complete. 
 Proof of Employment Eligibility In accordance with the
requirements of the Immigration Reform and Control Act of 1986, you will be required to complete an I-9 Employment Authorization Verification form and provide AMD with documents to verify your identity and your legal right to work in the United
States. You must present this documentation on your first day of employment.
 AMD Agreement and Acknowledgments This offer is
contingent upon you signing and returning the enclosed AMD Agreement and completing all new employee orientation requirements (including acknowledging AMD’s Worldwide Standards of Business Conduct). Your employment with AMD is
“at-will,” which means that you or AMD may terminate it at any time, with or without cause or notice. By signing this letter, you acknowledge that you are not aware of any legal or contractual reason you cannot accept employment with or
perform work for AMD. The terms in this letter accurately and completely describe your employment agreement with AMD, and supersede any other oral or written agreements or promises made to you.

  
 Initials
             

 If the terms of this offer are acceptable to you, please initial each page, sign your name below and return
the original signed and dated document to me. This offer will remain open until Tuesday January 3, 2012. If you have any questions, please feel free to contact me. 
 Lisa, we look forward to you joining AMD’s winning team! 
 Sincerely, 

 
 

 
 John Termotto 

Head of Global Talent Acquisition 

1-800-538-8450 x50279 
  

							
	Agreed to and accepted by:	  	
				
	 /s/ Lisa Su            
	  		  	 Jan 3, 2012
	  	
	Signature	  		  	Start Date*	  	

 December 14, 2011
 Date Signed
  

	*	If a start date has been agreed upon, please indicate that date above. If a date has not yet been determined, please contact your recruiter. Please note that
all new AMD employees start on a Monday. 

  
 Initials

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