Document:

Amendment to the 2004 Equity Incentive Plan

 Exhibit 10.63 
  
 ADVANCED MICRO DEVICES, INC. 
  

2004 EQUITY INCENTIVE PLAN 
  
 1. Purposes of the Plan. The purposes of this 2004 Equity Incentive Plan (the “Plan”) are: 
  

	 	•	 	to attract and retain the best available personnel, 

  

	 	•	 	to compete effectively for the best personnel, and 

  

	 	•	 	to promote the success of the Company’s business by motivating Employees, Directors and Consultants to superior performance. 

  
 Awards granted under the Plan may be Nonstatutory Stock Options (NSOs), Incentive Stock
Options (ISOs), Stock Appreciation Rights (SARs), Restricted Stock, or Restricted Stock Units (RSUs), as determined by the Administrator at the time of grant. 
  

2. Definitions. As used herein, the following definitions shall apply: 
  

(a) “Administrator” means the Board or any of its delegates, including committees, administering the Plan, in accordance with
Section 4 of the Plan. 
  
 (b) “Affiliate”
means any corporation, partnership, joint venture or other entity in which the Company holds an equity, profit or voting interest of thirty percent (30%) or more. 
  
 (c) “Applicable Laws” means the requirements relating to the administration of equity compensation plans
under U.S. state corporate laws, U.S. federal and state securities laws, the Code, any stock exchange or quotation system on which the Common Stock is listed or quoted and the applicable laws of any foreign country or jurisdiction where Awards are,
or will be, granted under the Plan. 
  
 (d)
“Award” means, individually or collectively, a grant under the Plan of NSOs, ISOs, SARs, Restricted Stock, or RSUs. 
  
 (e) “Award Documentation” means any written agreement or documentation published by the Company setting forth the terms and provisions
applicable to each Award granted under the Plan. The Award Documentation is subject to the terms and conditions of the Plan. 
  
 (f) “Awarded Stock” means the Common Stock subject to an Award. 
  
 (g) “Board” means the Board of Directors of the Company or its delegate. 

 (h) “Change of Control” Unless otherwise defined in Award Documentation or a
Participant’s employment agreement, the term “Change of Control” shall mean any of the following events: 
  
 (i) any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) is or becomes the beneficial owner (as
defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company (not including the securities beneficially owned by such person any securities acquired directly from the Company or any of its Affiliates)
representing more than 20% of either the then outstanding shares of the Common Stock of the Company or the combined voting power of the Company’s then outstanding voting securities; 
  
 (ii) during any period of two consecutive years, individuals who at the beginning of such period constituted
the Board and any new director (other than a director designated by a person who has entered into an agreement or arrangement with the Company to effect a transaction described in clause (i) or (ii) of this sentence) whose appointment,
election, or nomination for election by the Company’s stockholders, was approved by a vote of at least two-thirds (2/3) of the directors then still in office who either were directors at the beginning of the period or whose appointment,
election or nomination for election was previously so approved, cease for any reason to constitute a majority of the Board; 
  
 (iii) there is consummated a merger or consolidation of the Company or subsidiary thereof with or into any other corporation, other than a
merger or consolidation which would result in the holders of the voting securities of the Company outstanding immediately prior thereto holding securities which represent immediately after such merger or consolidation more than 50% of the combined
voting power of the voting securities of either the Company or the other entity which survives such merger or consolidation or the parent of the entity which survives such merger or consolidation; or 
  
 (iv) the stockholders of the Company approve a plan of
complete liquidation of the Company or there is consummated the sale or disposition by the Company of all or substantially all of the Company’s assets, other than a sale or disposition by the Company of all or substantially all of the
Company’s assets to an entity, at least 80% of the combined voting power of the voting securities of which are owned by persons in substantially the same proportions as their ownership of the Company immediately prior to such sale. 

 
 Notwithstanding the foregoing: (y) unless otherwise provided in a
Participant’s employment agreement, no “Change of Control” shall be deemed to have occurred if there is consummated any transaction or series of integrated transactions immediately following which the record holders of the Common
Stock of the Company immediately prior to such transaction or series of transactions continue to have substantially the same proportionate ownership in an entity which owns all or substantially all of the assets of the Company immediately prior to
such transaction or series of transactions and (z) unless otherwise provided in a Participant’s employment agreement, “Change of Control” shall exclude the acquisition of securities representing more than 20% of either the then
outstanding shares of the Common Stock of the Company or the combined voting power of the Company’s then outstanding voting securities by the Company or any of its wholly owned 

  

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subsidiaries, or any trustee or other fiduciary holding securities of the Company under an employee benefit plan now or hereafter established by the Company.

  
 (i) “Code” means the Internal Revenue Code
of 1986, as amended. 
  
 (j) “Committee” means a
committee of Directors appointed by the Board in accordance with Section 4 of the Plan. 
  
 (k) “Common Stock” means the common stock of the Company. 
  
 (l) “Company” means Advanced Micro Devices, Inc., a Delaware corporation. 
  
 (m) “Constructive Termination” shall mean a resignation by a Participant who has been selected by the Board
as a corporate officer of the Company due to diminution or adverse change in the circumstances of such Participant’s service as such a corporate officer, as determined in good faith by the Participant; including, without limitation, reporting
relationships, job description, duties, responsibilities, compensation, perquisites, office or location of employment. Constructive Termination shall be communicated by written notice to the Company (or successor to the Company), and such
termination shall be deemed to occur on the date such notice is so delivered. 
  
 (n) “Consultant” means any natural person, including an advisor, engaged by the Company or Affiliate to render services to such entity. 
  
 (o) “Director” means a member of the Board of Directors of Advanced Micro Devices, Inc. 
  
 (p) “Disability” means total and permanent disability as
defined in Section 22(e)(3) of the Code. 
  
 (q)
“Employee” means any person, including Officers and Directors, who is an employee of the Company or any Affiliate. An Employee shall not cease to be treated as an Employee in the case of (i) any leave of absence approved by the
Company or (ii) transfers between locations of the Company or between the Company, any Affiliate, or any successor corporation. Neither service as a Director nor payment of a director’s fee by the Company or any Affiliate shall be
sufficient to constitute status as an Employee. 
  
 (r)
“Exchange Act” means the Securities Exchange Act of 1934, as amended. 
  
 (s) “Fair Market Value” means, as of any date, the value of Common Stock determined as follows: 
  
 (i) If the Common Stock is listed on any established stock exchange or a national market system, including without limitation the New York
Stock Exchange, its Fair Market Value shall be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or system for the last market trading day prior to the time of determination, as
reported by Bloomberg.com or such other source as the Administrator deems reliable; 
  

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 (ii) If the Common Stock is regularly quoted by a recognized securities dealer but
selling prices are not reported, the Fair Market Value of a Share of Common Stock shall be the mean between the high bid and low asked prices for the Common Stock on the last market trading day prior to the day of determination, as reported by
Bloomberg.com or such other source as the Administrator deems reliable; or 
  
 (iii) In the absence of an established market for the Common Stock, the Fair Market Value shall be determined in good faith by the
Administrator. 
  
 (t) “Incentive Stock Option”
means an option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder. 
  

(u) “Independent Director” means a Director of the Company who is not also an Employee of the Company and who qualifies as an
“outside director” for purposes of Code Section 162(m), and/or as a “Non-Employee Director” for purposes of Section 16(b) of the Exchange Act. 
  
 (v) “Misconduct” means a Participant is determined by the Administrator to have: 
  
 (i) committed an act of theft, embezzlement, fraud,
dishonesty or other criminal act, 
  
 (ii)
breached a fiduciary duty owed to the Company (or Affiliate), 
  
 (iii) deliberately disregarded rules of the Company (or Affiliate), 
  
 (iv) made any unauthorized disclosure of any of the trade secrets or confidential information of the Company (or Affiliate), 

 
 (v) engaged in any conduct constituting unfair
competition with the Company (or Affiliate), 
  
 (vi) induced any customer of the Company (or Affiliate) to break any contract with the Company (or Affiliate), or 
  
 (vii) induced any principal for whom the Company (or Affiliate) acts as agent to terminate such agency relationship. 
  
 (w) “Nonstatutory Stock Option” means an Option not
intended to qualify as an Incentive Stock Option. 
  
 (x)
“Notice of Grant” means a written or electronic notice evidencing certain terms and conditions of an individual Award. The Notice of Grant is part of the Award Documentation. 
  
 (y) “Officer” means a person who is an officer of the
Company within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder. 
  

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 (z) “Option” means an NSO or ISO granted pursuant to Section 8 of the Plan.

  
 (aa) “Option Agreement” means an agreement
between the Company and a Participant evidencing the terms and conditions of an individual Option grant. The Option Agreement is subject to the terms and conditions of the Plan. 
  
 (bb) “Parent” means a “parent corporation,” whether now or hereafter existing, as defined in
Section 424(e) of the Code. 
  
 (cc)
“Participant” means the holder of an outstanding Award granted under the Plan. 
  
 (dd) “Performance Goals” means the goal(s) (or combined goal(s)) determined by the Administrator (in its discretion) to be applicable to
a Participant with respect to an Award. As determined by the Administrator, the Performance Goals applicable to an Award may provide for a targeted level or levels of achievement relating to annual revenue, cash position, earnings per share,
operating cash flow, market share, new product releases, net income, operating income, return on assets, return on equity, return on investment, other financial measures or any other performance related goal that the Administrator deems appropriate.
The Performance Goals may differ from Participant to Participant and from Award to Award. 
  
 (ee) “Plan” means this Advanced Micro Devices, Inc. 2004 Equity Incentive Plan. 
  
 (ff) “Restricted Stock” means shares of Common Stock granted pursuant to Section 11 of the Plan that are subject to vesting, if any,
based on continuing as a Service Provider and/or based on Performance Goals. 
  
 (gg) “Restricted Stock Unit” or “RSU” means an Award, granted pursuant to Section 12 of the Plan. 
  
 (hh) “Rule 16b-3” means Rule 16b-3 of the Exchange Act or any successor to Rule 16b-3, as in effect when
discretion is being exercised with respect to the Plan. 
  
 (ii)
“Stock Appreciation Right” or “SAR” means an Award, granted alone or in connection with a related Option that is granted pursuant to Section 10 of the Plan. 
  
 (jj) “Section 16(b)” means Section 16(b) of the
Exchange Act. 
  
 (kk) “Service Provider” means
an Employee, Director or Consultant, subject to the limitations in Section 9 of the Plan with regard to Options granted to Outside Directors. 
  
 (ll) “Share” means each share of Common Stock reserved under the Plan or subject to an Award, and as adjusted in accordance with
Section 15(a) of the Plan. 
  
 (mm)
“Subsidiary” means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code. 
  

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 3. Stock Subject to the Plan. 
  
 (a) Reserve. Subject to the provisions of Section 15(a) of the Plan, the maximum aggregate number of Shares that
may be issued under the Plan is seventeen million, four hundred thousand (17.4 million) Shares plus: (i) the number of shares of Common Stock reserved under the Company’s the 1995 Stock Plan of NexGen, Inc., 1996 Stock Incentive Plan, the
1998 Stock Incentive Plan and the 2000 Stock Incentive Plan (the “Prior Plans”) that are not subject to outstanding awards under the Prior Plans on the date this Plan is first approved by the Company’s stockholders (the
“Effective Date”), and (ii) the number of shares of Common Stock that are released from, or reacquired by the Company from, awards outstanding under the Prior Plans at the Effective Date. Shares reserved under this Plan that
correspond to shares of Common Stock covered by part (ii) of the immediately preceding sentence shall not be available for grant and issuance pursuant to this Plan except as such shares of Common Stock cease to be subject to such outstanding
awards, or are repurchased at the original issue price by the Company, or are forfeited; provided, however, that in no event shall more than nine (9) million of the Shares issuable under the Plan be granted pursuant to Awards with an exercise
price or purchase price that is less than 100% of Fair Market Value on the date of grant. The Shares may be authorized, but unissued, or reacquired Common Stock. 
  
 (b) Reissuance. If Shares are: (i) subject to an Award that terminates without such Shares being issued, or
(ii) issued pursuant to an Award, but are repurchased at the original issue price by the Company, or (iii) forfeited; then such Shares will again be available for grant and issuance under this Plan. At all times the Company will reserve
and keep available the number of Shares necessary to satisfy the requirements of all Awards then vested and outstanding under this Plan. To the extent an Award under the Plan is paid out in cash rather than stock, such cash payment shall not result
in reducing the number of Shares available for issuance under the Plan. In no event shall the total number of Shares issued (counting each reissuance of a Share that was previously issued and then forfeited or repurchased by the Company as a
separate issuance) under the Plan upon exercise of Awards exceed one hundred eighty (180) million Shares (adjusted in proportion to any adjustments under Section 15(a)) over the term of the Plan. 
  
 4. Administration of the Plan. 
  
 (a) Procedure. 
  
 (i) Section 162(m). To the extent that the
Administrator determines it to be desirable to qualify Awards granted hereunder as “performance-based compensation” within the meaning of Section 162(m) of the Code, the transactions contemplated hereunder shall be structured to
satisfy the requirements for exemption of “performance-based compensation” under Section 162(m) of the Code and related regulations. 
  
 (ii) Rule 16b-3. To the extent that the Administrator determines it to be desirable to qualify transactions hereunder as exempt
under Rule 16b-3, the transactions contemplated hereunder shall be structured to satisfy the requirements for exemption under Rule 16b-3. 
  

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 (iii) Other Administration. Other than as provided above, the Plan shall be
administered by the Administrator in a manner to satisfy Applicable Laws. 
  
 (b) Powers of the Administrator. Subject to the provisions of the Plan, including, without limitation Section 17, and in the case of a Board delegate, subject to the specific duties delegated by the Board
to such Board delegate, the Administrator shall have the authority, in its discretion: 
  
 (i) to determine the Fair Market Value as defined above; 
  
 (ii) to select the Service Providers to whom Awards may be granted hereunder; 
  
 (iii) to determine the number of shares of Common Stock to
be covered by each Award granted hereunder; 
  
 (iv) to approve forms of agreement and documentation for use under the Plan; 
  
 (v) to determine the terms and conditions, not inconsistent with the terms of the Plan, of any Award granted hereunder. Such terms and
conditions include, but are not limited to, the exercise price, the time or times when Options or SARs may be exercised (which may be based on performance criteria), transferability, any vesting acceleration or waiver of forfeiture or repurchase
restrictions, and any restriction or limitation regarding any Award or the shares of Common Stock relating thereto, based in each case on such factors as the Administrator, in its sole discretion, shall determine; 
  
 (vi) to construe and interpret the terms of the Plan and
awards granted pursuant to the Plan; 
  
 (vii) to
prescribe, amend and rescind rules and regulations relating to the Plan, including rules and regulations relating to sub-plans established for the purpose of qualifying for preferred tax treatment under foreign tax laws; 
  
 (viii) to modify or amend each Award (subject to
Section 17 of the Plan), including the discretionary authority to extend the post-termination exercisability period of Options or SARs longer than is otherwise provided for in the Plan; 
  
 (ix) to allow Participants to satisfy withholding tax
obligations by electing to have the Company withhold from the Shares or cash to be issued upon exercise or vesting of an Award that number of Shares or cash having a Fair Market Value equal to the amount required to be withheld. The Fair Market
Value of any Shares to be withheld shall be determined on the date that the amount of tax to be withheld is to be determined. All elections by a Participant to have Shares or cash withheld for this purpose shall be made in such form and under such
conditions as the Administrator may deem necessary or advisable; 
  

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 (x) to authorize any person to execute on behalf of the Company any instrument required
to effect the grant of an Award previously granted by the Administrator; 
  
 (xi) to make all other determinations deemed necessary or advisable for administering the Plan. 
  
 (c) Effect of Administrator’s Decision. The Administrator’s decisions, determinations and interpretations shall be final and binding on
all Participants. 
  
 5. Eligibility. Nonstatutory Stock Options,
Restricted Stock, Restricted Stock Units, and Stock Appreciation Rights may be granted to Service Providers. Incentive Stock Options may only be granted to employees of the Company and any Parent or Subsidiary of the Company. Outside Directors shall
not be eligible for the benefits of the Plan, except as provided in Section 9 of the Plan. 
  
 6. Limitations on Awards. 
  
 (a) No Rights as a Service Provider. Neither the Plan nor any Award shall confer upon a Participant any right with respect to continuing their relationship as a Service Provider, nor shall they interfere in any way with the right of
the Participant or the right of the Company or any Affiliate to terminate such relationship at any time, with or without cause or to adjust the compensation of any Participant. 
  
 (b) Exercise; Rights as a Stockholder; Effect of Exercise. 
  
 (i) Any Award granted hereunder shall be exercisable or vest
according to the terms of the Plan and at such times and under such conditions as determined by the Administrator and set forth in the Award Documentation, including, without limitation, Participant’s continuous status as a Service Provider
and/or Participant’s satisfaction of Performance Goals. An Award may not be exercised for a fraction of a Share. An Award shall be deemed exercised when the Company receives written or electronic notice of exercise (in accordance with the Award
Documentation) from the person entitled to exercise the Award The Participant must remit to the Company full payment for the Shares with respect to which the Award is exercised. Full payment may consist of any consideration and method of payment
authorized by the Administrator and permitted by the Award Documentation and the Plan. Shares issued upon exercise of an Award shall be issued in the name of the Participant or, if requested by the Participant, in the name of the Participant and
Participant’s spouse, or after the death of the Participant in the name of the Participant’s beneficiaries or heirs or as directed by the executor of Participant’s estate under applicable law. 
  
 (ii) Until the Shares are issued (as evidenced by the
appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a stockholder shall exist with respect to the Awarded Stock, notwithstanding the
exercise of the Award. The Company shall issue (or cause to be issued) such Shares promptly after the Award is exercised or vests. No adjustment of an Award will be made for 

  

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a dividend or other right for which the record date is prior to the date the Shares are issued, except as provided in Section 15(a) of the Plan or
specified in such Award’s Award Documentation. 
  
 (iii) Exercising an Award in any manner that results in the issuance of Shares shall decrease the number of Shares thereafter available, both for purposes of the Plan and for issuance under the Award, by the number of Shares as to which the
Award is exercised. 
  
 (c) Misconduct. If a Participant
is determined by the Administrator to have committed Misconduct then, unless otherwise provided in a Participant’s agreement for services as a Service Provider, neither the Participant, the Participant’s estate nor such other person who
may then hold any Award granted to the Participant shall be entitled to exercise any such Award with respect to any Shares, after termination of status as a Service Provider, whether or not the Participant may receive from the Company (or Affiliate)
payment for: vacation pay, services rendered prior to termination, services rendered for the day on which termination occurs, salary in lieu of notice, or any other benefits. In making such determination, the Administrator shall give the Participant
an opportunity to present evidence to the Administrator. Unless otherwise provided in a Participant’s agreement for services as a Service Provider, termination of status as a Service Provider shall be deemed to occur on the date when the
Company (or Affiliate) dispatches notice or advice to the Participant that status as a Service Provider is terminated. 
  
 (d) 162(m) Limitations. 
  
 (i) Except in connection with his or her initial service, no Service Provider shall be granted, in any calendar year, Awards covering in
the aggregate more than 2,000,000 Shares. 
  
 (ii) In connection with his or her initial service, a Service Provider may be granted Awards covering in the aggregate up to 4,000,000 Shares in the first twelve (12) months of such Service Provider’s service, rather than the
limit set forth in subsection (i) above. 
  
 (iii) The foregoing limitations shall be adjusted proportionately in connection with any change in the Company’s capitalization as described in Section 15(a). 
  
 (iv) If an Award is cancelled in the same fiscal year of the Company in which it was granted (other than in
connection with a transaction described in Section 15(b), the cancelled Award will be counted against the limits set forth in subsections (i) and (ii) above. 
  
 (e) Tax Withholding. 
  
 (i) Where, in the opinion of counsel to the Company, the Company has or will have an obligation to withhold foreign, federal, state or
local taxes relating to the exercise of any Award, the Administrator may in its discretion require that such tax obligation be satisfied in a manner satisfactory to the Company. With respect to the exercise of an Award, the Company may require the
payment of such taxes before Shares deliverable pursuant to such exercise are transferred to the holder of the Award. 
  

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 (ii) With respect to the exercise of an Award, a Participant may elect (a
“Withholding Election”) to pay the minimum statutory withholding tax obligation by the withholding of Shares from the total number of Shares deliverable pursuant to the exercise of such Award, or by delivering to the Company a
sufficient number of previously acquired shares of Common Stock, and may elect to have additional taxes paid by the delivery of previously acquired shares of Common Stock, in each case in accordance with rules and procedures established by the
Administrator. Previously owned shares of Common Stock delivered in payment for such additional taxes must have been owned for at least six months prior to the delivery or must not have been acquired directly or indirectly from the Company and may
be subject to such other conditions as the Administrator may require. The value of each Share withheld, or share of Common Stock delivered, shall be the Fair Market Value per share of Common Stock on the date the Award becomes taxable. All
Withholding Elections are subject to the approval of the Administrator must be made in compliance with rules and procedures established by the Administrator. 
  

7. Term of Plan. The Plan shall become effective upon its adoption by the Board, subject to stockholder approval. It shall continue in effect for a term of ten
(10) years unless terminated earlier under Section 17 of the Plan. 
  
 8. Options. 
  
 (a) Term of Options. The
term of each Option shall be not greater than ten (10) years from the date it was granted. 
  
 (b) Option Exercise Price and Consideration. 
  
 (i) Exercise Price. The per share exercise price for the Shares to be issued pursuant to exercise of an Option shall be determined
by the Administrator, subject to the following: 
  
 (ii) In the case of an ISO granted to any Employee who, at the time the ISO is granted owns stock representing more than ten percent (10%) of the voting power of all classes of stock of the Company or any Affiliate, the per Share
exercise price shall be no less than 110% of the Fair Market Value per Share on the date of grant. 
  
 (iii) In the case of an ISO granted to any Employee other than an Employee described in subsection (ii) immediately above, the per
Share price shall be no less than 100% of the Fair Market Value per Share on the date of the grant. 
  
 (iv) In the case of a NSO, the per Share exercise price shall be no less than 100% of the Fair Market Value per Share on the date of
grant; however, subject to the overall limitation on the number of below fair market value Awards, up to nine (9) million shares may be granted at 85% of fair market value on the date of grant, so long as the discount is granted in lieu of some
portion of salary or cash bonus. 
  
 (v) The
exercise price for the Shares to be issued pursuant to an already granted Option may not be changed without the consent of the Company’s stockholders. This shall include, without limitation, a repricing of the Option as well as an option
exchange program whereby the Participant agrees to cancel an existing Option in exchange for an Option, SAR or other Award. 
  

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 (c) Form of Consideration. The Administrator shall determine the acceptable form of consideration
for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator shall determine the acceptable form of consideration at the time of grant. Such consideration, to the extent permitted by
Applicable Laws, may consist entirely of: 
  
 (i)
check; 
  
 (ii) other Shares which (A) in
the case of Shares acquired upon exercise of an Option, have been owned by the Participant for more than six months on the date of surrender, and (B) have a Fair Market Value on the date of surrender equal to the aggregate exercise price of the
Shares as to which said Option shall be exercised; 
  
 (iii) broker-assisted cashless exercise; or 
  
 (iv) any combination of the foregoing methods of payment; or 
  
 (v) such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws. 
  
 (d) Termination of Relationship as Service Provider. When a Participant’s status as a Service Provider terminates, other than from Misconduct,
death or Disability, the Participant’s Option may be exercised within the period of time specified in the Option Agreement to the extent that the Option is vested on the date of termination or such longer period of time determined by the
Administrator (which may so specify after the date of the termination but before expiration of the Option) not to exceed five (5) years (but in no event later than the expiration of the term of such Option as set forth in the Option Agreement).
In the absence of a specified period of time in the Plan or the Award Documentation, the Option shall remain exercisable for three (3) months following the date Participant ceased to be a Service Provider. If, on the date of termination, such
Participant’s Option is not fully vested, then the unvested Shares shall revert to the Plan. If, after termination, the Participant’s Option is not fully exercised within the time specified, then the unexercised Shares covered by such
Option shall revert to the Plan and such Option shall terminate. 
  
 (e) Death or Disability of Participant. If a Participant’s status as a Service Provider terminates from death or Disability, then the Participant or the Participant’s estate, or such other person as may hold the Option, as
the case may be, shall have the right for a period of twelve (12) months following the date of death or termination of status as a Service Provider for Disability, or for such other period as the Administrator may fix, to exercise the Option to
the extent the Participant was entitled to exercise such Option on the date of death or termination of status as a Service Provider for Disability, or to such extent as may otherwise be specified by the Administrator (which may so specify after the
date of death or Disability but before expiration of the Option), provided the actual date of exercise is in no event after the expiration of the term of the Option. A Participant’s estate shall mean his legal representative or any person who
acquires the right to exercise an Option by reason of the Participant’s death or Disability. 
  

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 (f) Events Not Deemed Terminations: Unless otherwise provided in a Participant’s agreement
for services as a Service Provider, such Participant’s status as a Service Provider shall not be considered interrupted in the case of: (i) a leave of absence (approved by the Administrator) by a Participant who intends throughout such
leave to return to providing services as a Director, Employee, or Consultant; (ii) sick leave; (iii) military leave; (iv) any other leave of absence approved by the Administrator, provided such leave is for a period of not more than
ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to
employees in writing; or (v) in the case of transfer between locations of the Company or among the Company and its Affiliates. In the case of any Participant on an approved leave of absence, the Administrator may make such provisions respecting
suspension of vesting of the Option while on a leave described in subparts (i) through (v) above and/or resumption of vesting on return from such leave as it may deem appropriate, except that in no event shall an Option be exercised after
the expiration of the term set forth in the Option. 
  
 (g)
ISO Rules. The Option Agreement for each ISO shall contain a statement that the Option it documents is an ISO. However, notwithstanding such designation, to the extent that the aggregate Fair Market Value of the Shares with respect to which all
ISOs held by a Participant are exercisable for the first time by such Participant during any calendar year exceeds $100,000, such excess Shares shall be treated as Shares subject to an NSO. For purposes of this subsection 8(k), ISOs shall be taken
into account in the order in which they were granted. The Fair Market Value of the Shares subject to an ISO shall be determined as of the time the ISO with respect to such Shares is granted. 
  
 (h) Buyout Provisions. The Administrator may at any time offer to buy
out for a payment in cash or Shares an Option previously granted based on such terms and conditions as the Administrator shall establish and communicate to the Participant at the time that such offer is made. 
  
 9. Option Grants to Outside Directors. The automatic grants pursuant to this
Section 9 shall not be subject to the discretion of any person and may only be granted to Directors who are not also Employees (“Outside Director”). All grants of Options to Outside Directors pursuant to this Section 9 shall be
made strictly in accordance with the following provisions: 
  
 (a) Timing and Number. Each Outside Director shall be granted an Option to purchase 12,500 Shares under the Plan (the “First Option”) on April 30, July 31, October 31 and December 15 or the
first business day following such date (the Grant Date), in the year that such Outside Director is first elected or appointed as a member of the Board; provided that an Outside Director who has previously been elected as a member of the Board on the
Effective Date set forth in Section 14 below shall not be granted a First Option under the Plan. Thereafter, on April 30, July 31, October 31 and December 15 or the first business day following such date, each
Outside Director reported as being elected at the annual meeting of the Company’s stockholders shall be granted an additional Option to purchase 6,250 Shares under the Plan (the “Annual Option”). Further, subject to the right of any
Outside Director who has not previously been elected as a member of the Board to receive a First Option, if there are insufficient Shares available under the Plan for each Outside Director who is eligible to receive an Annual Option (as adjusted) in
any year, the number of Shares subject to each Annual Option in such year shall equal the total number of available Shares then 

  

 12 

 
remaining under the Plan divided by the number of Outside Directors who are eligible to receive an Annual Option on such date, as rounded down to avoid
fractional Shares. All Options granted to Outside Directors shall be subject to the following terms and conditions of this Section 9. All Options granted to Outside Directors pursuant to the Plan shall be NSOs. 
  
 (b) Consideration. The consideration to be paid for the Shares to be
issued upon exercise of an Option, including the method of payment, may consist entirely of (i) check, (ii) other Shares which (x) either have been owned by the Participant for more than six months on the date of surrender or were not
acquired, directly or indirectly, from the Company, and (y) have a Fair Market Value per Share on the date of surrender equal to the aggregate exercise price of the Shares as to which said Option shall be exercised, (iii) delivery of a
properly executed exercise notice together with irrevocable instructions to a broker to promptly deliver to the Company the amount of sale or loan proceeds required to pay the exercise price, or (iv) any combination of the foregoing methods of
payment. 
  
 (c) Term and Vesting. Each Option granted to
an Outside Director shall be for a term of ten years. Each First Option shall vest and become exercisable according to the following schedule: for Options first granted on April 30, one-third on April 30 of the calendar year following the
date of grant; the remaining two-thirds vest in monthly increments thereafter, through April 30 of the third calendar year following the date of grant. Options granted on any other Grant Date following appointment to the Board shall vest and
become exercisable one-third on the anniversary of the grant date and the remaining two thirds will vest in monthly increments thereafter for the next two years. Each Annual Option shall vest and become exercisable according to the following
schedule: one-third on April 30 of the calendar year following the date of grant; the remaining two-thirds vest in monthly increments thereafter, through April 30 of the third calendar year following the date of grant. Any Shares acquired
by an Outside Director upon exercise of an Option shall not be freely transferable until six months after the date stockholder approval referred to in Section 21 is obtained. 
  
 (d) Termination of Service as an Outside Director. If an Outside Director’s tenure on the Board is terminated
for any reason other than Misconduct, then the Outside Director or the Outside Director’s estate, as the case may be, shall have the right for a period of twenty-four (24) months following the date such tenure is terminated to exercise the
Option to the extent the Outside Director was entitled to exercise such Option on the date the Outside Director’s tenure terminated; provided the actual date of exercise is in no event after the expiration of the term of the Option. An Outside
Director’s “estate” shall mean the Outside Director’s legal representative or any person who acquires the right to exercise an Option by reason of the Outside Director’s death or disability. 
  
 (e) Effect of Change of Control. Upon a Change of Control, all
Options held by an Outside Director shall become fully vested and exercisable, irrespective of any other provisions of the Outside Director’s Option Agreement. 
  
 (f) Effect of Other Plan Provisions. The other provisions of this Plan shall apply to the Options granted
automatically pursuant to this Section 9, except to the extent such other provisions are inconsistent with this Section 9. 
  
 (g) Effect of Retirement as Founding Director. Notwithstanding any provision of the Plan to the contrary, all options that were granted under this
Plan or any Prior Plans and held by an Outside Director with thirty (30) or more years of service as a director shall vest in full on such Outside Director’s retirement from service as an Outside Director. 
  

 13 

 10. Stock Appreciation Rights. 
  
 (a) Grant of SARs. Subject to the terms and conditions of the Plan, SARs may be granted to Service Providers at any
time and from time to time as shall be determined by the Administrator, in its sole discretion. The Administrator shall have complete discretion to determine the number of SARs granted to any Participant. 
  
 (b) Exercise Price and other Terms. The Administrator, subject to the
provisions of the Plan, shall have complete discretion to determine the terms and conditions of SARs granted under the Plan; provided, however, that no SAR may have a term of more than ten (10) years from the date of grant. In the case of an
SAR, the per Share exercise price shall be no less than 100% of the Fair Market Value per Share on the date of grant. The exercise price for the Shares or cash to be issued pursuant to an already granted SAR may not be changed without the consent of
the Company’s stockholders. This shall include, without limitation, a repricing of the SAR as well as an SAR exchange program whereby the Participant agrees to cancel an existing SAR in exchange for an Option, SAR or other Award. 
  
 (c) Payment of SAR Amount. Upon exercise of an SAR, a Participant
shall be entitled to receive payment from the Company in an amount determined by multiplying: 
  
 (i) The difference between the Fair Market Value of a Share on the date of exercise over the exercise price; times 
  
 (ii) the number of Shares with respect to which the SAR is
exercised. 
  
 (d) Payment upon Exercise of SAR. At the
discretion of the Administrator, payment for an SAR may be in cash, Shares or a combination thereof. 
  
 (e) SAR Agreement. Each SAR grant shall be evidenced by Award Documentation (a “SAR Agreement”) that shall specify the exercise
price, the term of the SAR, the conditions of exercise, and such other terms and conditions as the Administrator, in its sole discretion, shall determine. 
  
 (f) Expiration of SARs. An SAR granted under the Plan shall expire upon the date determined by the Administrator, in its sole discretion, and set
forth in the Award Documentation. 
  
 (g) Termination of
Relationship as Service Provider. When a Participant’s status as a Service Provider terminates, other than from Misconduct, death or Disability, the Participant’s Stock Appreciation Right may be exercised within the period of time
specified in the Stock Appreciation Right Agreement to the extent that the Stock Appreciation Right is vested on the date of termination or such longer period of time determined by the Administrator (which may so specify after the date of the
termination but before expiration of the Stock Appreciation Right) not to exceed five (5) years (but in no event later than the expiration of the term of such Stock Appreciation Right as set forth in the Stock Appreciation Right Agreement). In
the absence of a specified period of time in the Plan or the Stock Appreciation Right Agreement, the Stock Appreciation Right shall remain exercisable for three (3) months following the date Participant ceased to be a Service Provider. If, on
the date of termination, such Participant’s Stock Appreciation Right is not fully vested, then the unvested 

  

 14 

 
Shares shall revert to the Plan. If, after termination, the Participant’s Stock Appreciation Right is not fully exercised within the time specified,
then the unexercised Shares covered by such Stock Appreciation Right shall revert to the Plan and such Stock Appreciation Right shall terminate. 
  
 (h) Death or Disability of Participant. If a Participant’s status as a Service Provider terminates from death or Disability, then the
Participant or the Participant’s estate, or such other person as may hold the SAR, as the case may be, shall have the right for a period of twelve (12) months following the date of death or termination of status as a Service Provider for
Disability, or for such other period as the Administrator may fix, to exercise the SAR to the extent the Participant was entitled to exercise such SAR on the date of death or termination of status as a Service Provider for Disability, or to such
extent as may otherwise be specified by the Administrator (which may so specify after the date of death or Disability but before expiration of the SAR), provided the actual date of exercise is in no event after the expiration of the term of the SAR.
A Participant’s estate shall mean his legal representative or any person who acquires the right to exercise an SAR by reason of the Participant’s death or Disability. 
  
 (i) Events Not Deemed Terminations: Unless otherwise provided in a Participant’s agreement for services as a
Service Provider, such Participant’s status as a Service Provider shall not be considered interrupted in the case of: (i) a leave of absence (approved by the Administrator) by a Participant who intends throughout such leave to return to
providing services as a Director, Employee, or Consultant; (ii) sick leave; (iii) military leave; (iv) any other leave of absence approved by the Administrator, provided such leave is for a period of not more than ninety
(90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in
writing; or (v) in the case of transfer between locations of the Company or among the Company and its Affiliates. In the case of any Participant on an approved leave of absence, the Administrator may make such provisions respecting suspension
of vesting of the Stock Appreciation Right while on a leave described in subparts (i) through (v) above and/or resumption of vesting on return from such leave as it may deem appropriate, except that in no event shall a Stock Appreciation
Right be exercised after the expiration of the term set forth in the Stock Appreciation Right. 
  
 (j) Buyout Provisions. The Administrator may at any time offer to buy out for a payment in cash or Shares an SAR previously granted based on such
terms and conditions as the Administrator shall establish and communicate to the Participant at the time that such offer is made. 
  
 11. Restricted Stock. 
  
 (a) Grant of Restricted Stock. Subject to the terms and conditions of the Plan, Restricted Stock may be granted to Service Providers at any time
and from time to time as shall be determined by the Administrator, in its sole discretion. The Administrator shall have complete discretion to determine (i) the number of Shares subject to a Restricted Stock award granted to any Participant,
and (ii) the conditions that must be satisfied, the vesting of which typically will be based on continued provision of services and/or satisfaction of Performance Goals. Restricted Stock that is based only on continued service may not vest in
full for at least three years from the date of grant. Restricted Stock that is based on satisfaction of Performance Goals may not vest for at least one year 

  

 15 

 
from the date of grant. Once the Shares are issued, voting, dividend and other rights as a stockholder shall exist with respect to Restricted Stock.

  
 (b) Other Terms. The Administrator, subject to the
provisions of the Plan, shall have complete discretion to determine the terms and conditions, including the purchase price (provided it is at least $0.01 per Share of Restricted Stock to be issued), of Restricted Stock granted under the Plan.
Restricted Stock grants shall be subject to the terms, conditions, and restrictions determined by the Administrator at the time the Restricted Stock is granted. Any certificates representing the Restricted Stock shall bear such legends as shall be
determined by the Administrator. 
  
 (c) Restricted Stock
Award Documentation. Each Restricted Stock grant shall be evidenced by Award Documentation (a “Restricted Stock Award Documentation”) that shall specify the purchase price (if any) and such other terms conditions, and
restrictions as the Administrator, in its sole discretion, shall determine. 
  
 12. Restricted Stock Units. 
  
 (a) Grant of
Restricted Stock Units. Subject to the terms and conditions of the Plan, Restricted Stock Units may be granted to Service Providers at any time and from time to time as shall be determined by the Administrator, in its sole discretion. The
Administrator shall have complete discretion to determine (i) the number of Shares subject to each Restricted Stock Units award, and (ii) the conditions that must be satisfied, the vesting of which typically will be based on continued
provision of services and/or satisfaction of Performance Goals. Any Restricted Stock Units award that is based only on continued service may not vest in full for three years from the date of grant. Any Restricted Stock Units award that is based on
satisfaction of Performance Goals may not vest for one year from the date of grant. Until the Shares are issued, no right to vote or receive dividends or any other rights as a stockholder shall exist with respect to Restricted Stock Units.

  
 (b) Other Terms. The Administrator, subject to the
provisions of the Plan, shall have complete discretion to determine the terms and conditions, including the purchase price (provided it is at least $0.01 per Share to be issued), of Restricted Stock Units granted under the Plan. Restricted Stock
Units awards shall be subject to the terms, conditions, and restrictions determined by the Administrator at the time the Restricted Stock Units award is granted. Restricted Stock Units shall be denominated in units with each unit equivalent to one
Share for purposes of determining the number of Shares subject to any Restricted Stock Units award. 
  
 (c) Restricted Stock Units Agreement. Each Restricted Stock Units grant shall be evidenced by Award Documentation (a “Restricted Stock
Units Agreement”) that shall specify the purchase price (at least $0.01 per Share to be issued) and such other terms conditions, and restrictions as the Administrator, in its sole discretion, shall determine. Each Restricted Stock Units
Agreement shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. A Restricted Stock Units Agreement may provide for dividend equivalent units. 
  
 (d) Settlement. Settlement of vested Restricted Stock Units may be
made in the form of: (i) cash, (ii) Shares or (iii) any combination, as determined by the Administrator and may be 

  

 16 

 
settled in a lump sum or in installments. Distribution to a Participant of an amount (or amounts) from settlement of vested Restricted Stock Units may be
deferred to a date after settlement as determined by the Administrator. The amount of a deferred distribution may be increased by an interest factor or by dividend equivalents. Until an Award of Restricted Stock Units is settled, the number of such
Restricted Stock Units shall be subject to adjustment pursuant to the Plan. 
  
 13. Non-Transferability of Awards. Unless determined otherwise by the Administrator, an Award may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or
distribution and may be exercised, during the lifetime of the recipient, only by the recipient. If the Administrator makes an Award transferable, the Award Documentation for such Award shall contain such additional terms and conditions as the
Administrator deems appropriate. 
  
 14. Leaves of Absence. Unless the
Administrator provides otherwise or as otherwise required by Applicable Laws, vesting of Awards granted hereunder shall cease commencing on the thirty-first day of any unpaid leave of absence and shall only recommence upon return to active service.

  
 15. Adjustments Upon Changes in Capitalization, Dissolution, Merger or
Asset Sale. 
  
 (a) Changes in Capitalization. Subject
to any required action by the stockholders of the Company, the number of shares of Common Stock covered by each outstanding Award, the number of shares of Common Stock which have been authorized for issuance under the Plan but as to which no Awards
have yet been granted or which have been returned to the Plan upon cancellation or expiration of an Award, in each case as set forth in Section 3, as well as the price per share of Common Stock covered by each such outstanding Award and the
162(m) annual share issuance limits under Section 6(d) shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination
or reclassification of the Common Stock, or any other increase or decrease in the number of issued shares of Common Stock effected without receipt of consideration by the Company; provided, however, that conversion of any convertible securities of
the Company shall not be deemed to have been “effected without receipt of consideration.” Such adjustment shall be made by the Compensation Committee, whose determination in that respect shall be final, binding and conclusive. Except as
expressly provided herein, no issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price
of shares of Common Stock subject to an Award. 
  
 (b)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Administrator shall notify each Participant as soon as practicable prior to the effective date of such proposed transaction. The
Administrator in its discretion may provide for a Participant to have the right to exercise his or her Award until ten (10) days prior to such transaction as to all of the Awarded Stock covered thereby, including Shares as to which the Award
would not otherwise be exercisable. In addition, the Administrator may provide that any Company repurchase option or forfeiture rights applicable to any Award shall lapse 100%, and that any Award vesting shall accelerate 100%, provided the proposed
dissolution or liquidation takes place at the time and in 

  

 17 

 
the manner contemplated. To the extent it has not been previously exercised or vested an Award will terminate immediately prior to the consummation of such
proposed action. 
  
 (c) Merger or Asset Sale. 

 
 (i) Stock Options and SARs. In the event of a
merger of the Company with or into another corporation, or the sale of substantially all of the assets of the Company, each outstanding Option and SAR shall be assumed or an equivalent option or SAR substituted by the successor corporation or
related corporation. In the event that the successor corporation refuses to assume or substitute for the Option or SAR, the Participant shall fully vest in and have the right to exercise the Option or SAR as to all of the Awarded Stock, including
Shares as to which it would not otherwise be vested or exercisable. If an Option or SAR becomes fully vested and exercisable in lieu of assumption or substitution in the event of a merger or sale of assets, the Administrator shall notify the
Participant in writing or electronically that the Option or SAR shall be fully vested and exercisable for a period of fifteen (15) days from the date of such notice, and the Option or SAR shall terminate upon the expiration of such period. For
the purposes of this subsection, the Option or SAR shall be considered assumed if, following the merger or sale of assets, the Option or SAR confers the right to purchase or receive, for each Share of Awarded Stock subject to the Option or SAR
immediately prior to the merger or sale of assets, the consideration (whether stock, cash, or other securities or property) received in the merger or sale of assets by holders of Common Stock for each Share held on the effective date of the
transaction (and if holders were offered a choice of consideration, the type of consideration chosen by the holders of a majority of the outstanding Shares); provided, however, that if such consideration received in the merger or sale of assets is
not solely common stock of the successor corporation or related corporation, the Administrator may, with the consent of the successor corporation, provide for the consideration to be received upon the exercise of the Option or SAR, for each Share of
Awarded Stock subject to the Option or SAR, to be solely common stock of the successor corporation or related corporation equal in fair market value to the per share consideration received by holders of Common Stock in the merger or sale of assets.

  
 (ii) Restricted Stock and Restricted Stock
Units. In the event of a merger of the Company with or into another corporation, or the sale of substantially all of the assets of the Company, repurchase rights on Shares of Restricted Stock, or any consideration into which such Shares of
Restricted Stock are converted as part of such merger or sale, may be assigned to the successor corporation or related corporation, and each outstanding RSU shall be assumed or an equivalent award substituted by the successor corporation or related
corporation of the successor corporation. If the successor corporation refuses to assume or substitute for such Awards, then Participants shall fully vest in such Awards. If RSUs become fully vested and exercisable in lieu of assumption or
substitution in the event of a merger or sale of assets, the Administrator shall notify Participants in writing or electronically that their RSUs shall be fully vested and exercisable for a period of fifteen (15) days from the date of such
notice, and such RSUs shall terminate upon the expiration of such period. RSUs shall be considered assumed if, following the merger or sale of assets, such RSUs confer the right to purchase or receive, for each Share subject to such RSUs immediately
prior to the merger or sale of assets, the consideration (whether stock, cash, or other securities or property) received in the merger or sale of assets by holders of Common Stock for each share of Common Stock held on the effective date of the
transaction (and if holders were offered a choice of consideration, the type of consideration chosen by the holders of a majority of the 

  

 18 

 
outstanding shares of Common Stock); provided, however, that if such consideration received in the merger or sale of assets is not solely common stock of the
successor corporation or related corporation, then the Administrator may, with the consent of the successor corporation, provide for the consideration to be received, for each Share subject to such RSUs, to be solely in the form of common stock of
the successor corporation or related corporation equal in fair market value to the per share consideration received by holders of Common Stock in the merger or sale of assets. 
  
 (d) Change of Control. Unless otherwise provided in a Participant’s agreement for services as an employee of the
Company, if, within one year after a Change of Control has occurred, such Participant’s status as an employee of the Company is terminated by the Company (including for this purpose any successor to the Company due to such Change of Control and
any employer that is an Affiliate of such successor) for any reason other than for Misconduct or, if applicable, terminated by such Participant as a Constructive Termination, then all Awards held by such Participant shall become fully vested for
exercise upon the date of termination of such status, irrespective of the vesting provisions of such Participant’s Award Documentations. 
  
 16. Date of Grant. The date of grant of an Award shall be, for all purposes, the date on which the Administrator makes the determination granting such Award, or
such other later date as is determined by the Administrator. Notice of the determination shall be provided to each recipient within a reasonable time after the date of such grant. 
  
 17. Amendment and Termination of the Plan. 
  

(a) Amendment and Termination. The Board may at any time amend, alter, suspend or terminate the Plan. 
  
 (b) Stockholder Approval. The Company shall obtain stockholder
approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws and shall obtain stockholder approval for any amendment to the Plan to increase the number of shares available under the Plan, to change the class of
employees eligible to participate in the Plan or to provide for additional material benefits under the Plan. 
  
 (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall impair the rights of any Participant,
unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan shall not affect the Administrator’s ability to exercise
the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. 
  
 18. Conditions Upon Issuance of Shares. 
  
 (a) Legal Compliance. Shares shall not be issued pursuant to the exercise of an Award unless the exercise of the Award or the issuance and delivery
of such Shares (or the cash equivalent thereof) shall comply with Applicable Laws and shall be further subject to the approval of counsel for the Company with respect to such compliance. Notwithstanding any other provision in this Plan, the Company
will have no obligation to issue or deliver certificates for Shares under this Plan prior to: (a) obtaining any approvals from governmental agencies that the Company determines are necessary or advisable; and/or (b) completion of any
registration or other qualification of such Shares under Applicable Laws. The 

  

 19 

 
Company will be under no obligation to register the Shares with the United States Securities and Exchange Commission or to effect compliance with the
registration, qualification or listing requirements of any state securities laws, stock exchange or automated quotation system, and the Company will have no liability for any inability or failure to do so. 
  
 (b) Investment Representations. As a condition to the exercise or
receipt of an Award, the Company may require the person exercising or receiving such Award to represent and warrant at the time of any such exercise or receipt that the Shares are being purchased only for investment and without any present intention
to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required. 
  
 19. Inability to Obtain Authority. The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the
Company’s counsel to be necessary to the lawful issuance and sale of any Shares hereunder (or the cash equivalent thereof), shall relieve the Company of any liability in respect of the failure to issue or sell such Shares (or the cash
equivalent thereof) as to which such requisite authority shall not have been obtained. 
  
 20. Reservation of Shares. The Company, during the term of this Plan, will at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements of the Plan. 
  
 21. Stockholder Approval. This Plan shall be subject to approval by the stockholders
of the Company within twelve (12) months after the date of adoption by the Board. Such stockholder approval shall be obtained in the manner and to the degree required under Applicable Laws. 
  

 20AMD Executive Investment Account Plan

 Exhibit 10.64 
  
 ADVANCED MICRO DEVICES, INC. EXECUTIVE INVESTMENT ACCOUNT PLAN 

 TABLE OF CONTENTS 
  

							
	 	 	 	 	 	  	Page

	RECITALS	  	1
			
	ARTICLE I	 	            TITLE AND DEFINITIONS	  	1
	 	 	1.1	 	Definitions.	  	1
			
	ARTICLE II	 	            PARTICIPATION	  	5
			
	ARTICLE III	 	            DEFERRAL ELECTIONS	  	5
	 	 	3.1	 	Elections to Defer Compensation.	  	5
	 	 	3.2	 	Investment Elections.	  	6
			
	ARTICLE IV	 	            DEFERRAL ACCOUNTS AND TRUST FUNDING	  	6
	 	 	4.1	 	Deferral Accounts.	  	6
	 	 	4.2	 	Company Contribution Account.	  	7
	 	 	4.3	 	Trust Funding.	  	7
			
	ARTICLE V	 	            VESTING	  	8
			
	ARTICLE VI	 	            DISTRIBUTIONS	  	8
	 	 	6.1	 	Distribution of Deferred Compensation and Discretionary Company Contributions Upon Termination of Employment With Company or Death.	  	8
	 	 	6.2	 	In Service Distribution With Scheduled Withdrawal Date.	  	9
	 	 	6.3	 	In Service Distribution Without Scheduled Withdrawal Date.	  	9
	 	 	6.4	 	Inability to Locate Participant.	  	10
			
	ARTICLE VII	 	            ADMINISTRATION	  	10
	 	 	7.1	 	Committee.	  	10
	 	 	7.2	 	Committee Action.	  	10
	 	 	7.3	 	Powers and Duties of the Committee.	  	10
	 	 	7.4	 	Construction and Interpretation.	  	11
	 	 	7.5	 	Compensation, Expenses and Indemnity.	  	11
	 	 	7.6	 	Quarterly Statements.	  	12
	 	 	7.7	 	Disputes.	  	12
			
	ARTICLE VIII	 	            MISCELLANEOUS	  	13
	 	 	8.1	 	Unsecured General Creditor.	  	13
	 	 	8.2	 	Restriction Against Assignment.	  	13
	 	 	8.3	 	Withholding.	  	13
	 	 	8.4	 	Amendment, Modification, Suspension or Termination.	  	14
	 	 	8.5	 	Governing Law.	  	14
	 	 	8.6	 	Receipt or Release.	  	14
	 	 	8.7	 	Limitation of Rights and Employment Relationship	  	14
	 	 	8.8	 	Headings.	  	14
		
	Appendix A	  	 

  

 (i) 

 RECITALS 
  

1. Advanced Micro Devices, Inc. (the “Company”) has an executive deferred compensation plan known as the Advanced Micro Devices Executive
Investment Account (the “Plan”) that became effective as of July 1, 2000 as a continuation of a portion of another then existing deferred compensation plan known as the Executive Savings Plan. 
  
 2. The Company may enter into an agreement (the “Trust Agreement”)
with an independent third party individual or institution, pursuant to which such entity shall serve as trustee (the “Trustee”) under an irrevocable trust (the “Trust”) to be used in connection with the Plan. 
  
 3. The Company intends to make contributions to the Trust so that such
contributions will be held by the Trustee and invested, reinvested and distributed, all in accordance with the provisions of this Plan and the Trust Agreement. 
  

4. The Company intends that the Trust be a “grantor trust” with the principal and income of the Trust treated as assets and income of the
Company, as applicable, for Federal and state income tax purposes. 
  
 5. The Company intends that the assets of the Trust shall at all times be subject to the claims of the general creditors of the Company, as provided in the Trust Agreement. 
  
 6. The Company intends that the existence of the Trust shall not alter the characterization of the Plan as
“unfunded” for purposes of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and shall not be construed to provide income to Plan participants under the Plan prior to actual payment of the vested accrued
benefits thereunder. 
  
 NOW THEREFORE, the Company hereby
establishes the Plan as follows: 
  
 ARTICLE I 

TITLE AND DEFINITIONS 
  
 1.1 Definitions. 
  
 Whenever the following words and phrases are used in this Plan, with the first letter capitalized, they shall have the meanings specified below.

  
 (a) “Account” or “Accounts” shall mean all
of such accounts as are specifically authorized for inclusion in this Plan. 
  
 (b) “Base Salary” shall mean a Participant’s annual base salary, excluding bonus, commissions, incentive and all other remuneration for services rendered to Company and prior to reduction for any salary
contributions to a plan established pursuant to Section 125 of the Code or qualified pursuant to Section 401(k) of the Code. 
  

 1 

 (c) “Beneficiary” or “Beneficiaries” shall mean the person or persons, including a
trustee, personal representative or other fiduciary, last designated in writing by a Participant in accordance with procedures established by the Committee to receive the benefits specified hereunder in the event of the Participant’s death. No
beneficiary designation shall become effective until it is filed with the Committee. Any designation shall be revocable at any time through a written instrument filed by the Participant with the Committee with or without the consent of the previous
Beneficiary. If there is no such designation or if there is no surviving designated Beneficiary, then the Participant’s surviving spouse shall be the Beneficiary. If there is no surviving spouse to receive any benefits payable in accordance
with the preceding sentence, the duly appointed and currently acting personal representative of the Participant’s estate (which shall include either the Participant’s probate estate or living trust) shall be the Beneficiary. In any case
where there is no such personal representative of the Participant’s estate duly appointed and acting in that capacity within 90 days after the Participant’s death (or such extended period as the Committee determines is reasonably necessary
to allow such personal representative to be appointed, but not to exceed 180 days after the Participant’s death), then Beneficiary shall mean the person or persons who can verify by affidavit or court order to the satisfaction of the Committee
that they are legally entitled to receive the benefits specified hereunder. In the event any amount is payable under the Plan to a minor, payment shall not be made to the minor, but instead be paid (a) to that person’s living parent(s) to act
as custodian, (b) if that person’s parents are then divorced, and one parent is the sole custodial parent, to such custodial parent, or (c) if no parent of that person is then living, to a custodian selected by the Committee to hold the funds
for the minor under the Uniform Transfers or Gifts to Minors Act in effect in the jurisdiction in which the minor resides. If no parent is living and the Committee decides not to select another custodian to hold the funds for the minor, then payment
shall be made to the duly appointed and currently acting guardian of the estate for the minor or, if no guardian of the estate for the minor is duly appointed and currently acting within 60 days after the date the amount becomes payable, payment
shall be deposited with the court having jurisdiction over the estate of the minor. Payment by Company pursuant to this section of all benefits owed hereunder shall terminate any and all liability of Company. 
  
 (d) “Board of Directors “ or “Board” shall mean the Board
of Directors of the Company. 
  
 (e) “Bonuses” shall
mean those incentive and performance bonuses identified by the Committee as qualified for Plan deferrals, as identified in Appendix A to this document, excluding profit sharing, and earned by a Participant on the last day of the respective quarter,
semi-annual and annual bonus period, provided a Participant is in the employ of the Company on the last day of the respective bonus period. Bonuses may include sign-on bonuses if an Eligible Employee completes the Initial Election requirements of
Article III, Section 3.1(c). 
  
 (f) “Code” shall mean
the Internal Revenue Code of 1986, as amended. 
  

 -2- 

 (g) “Committee” shall mean the Administrative Committee of Advanced Micro Devices, Inc.
(“AMD”), as appointed by the Board to administer the Plan in accordance with Article VII, and/or its agents, designees and vendors. 
  
 (h) “Company” shall mean Advanced Micro Devices, Inc. 
  

(i) “Company Contribution Account” shall mean the bookkeeping account maintained by the Company for each Participant that is credited with an
amount equal to the Company Discretionary Contribution Amount, if any, and Company Matching Contribution Amount, if any, and earnings and losses on such amounts pursuant to Section 4.2. 
  
 (j) “Company Discretionary Contribution Amount” shall mean such discretionary amount if contributed by the Company
for each Participant for a Plan Year. Such amount may differ from Participant to Participant both in amount and as a percentage of Compensation. 
  
 (k) “Company Matching Contribution Amount” shall mean such amount contributed by the Company for a select group of Participants for a Plan Year.

  
 (l) “Compensation” shall mean annual bonuses,
incentive sales commissions, Base Salary and other incentive bonuses identified by the Committee, as set forth in Appendix A, which a Participant earns for services rendered to the Company, excluding profit sharing. 
  
 (m) “Deferral Account” shall mean the bookkeeping account
maintained by the Committee for each Participant that is credited with amounts equal to (1) the portion of the Participant’s Compensation that he or she elects to defer and (2) earnings and losses pursuant to Section 4.1. 
  
 (n) “Distributable Amount” shall mean the balance in the
Participant’s Deferral Account and Company Contribution Account. 
  
 (o) “Early Distribution” shall mean an election by Participant in accordance with Section 6.2 or 6.3 to receive a withdrawal of amounts from his or her Deferral Account and Company Contribution Account prior to the time at which
such Participant would otherwise be entitled to such amounts. 
  
 (p) “Effective Date” shall be July 1, 2000. 
  
 (q) “Eligible Employee” shall be a Company director or other member of the select group of management or highly compensated United States-based employees as determined by the Committee from year-to-year, in it’s absolute
discretion. 
  
 (r) “Fund” or “Funds” shall
mean one or more of the investment funds selected by the Committee pursuant to Section 3.2(b). 
  
 (s) “Initial Election Period” shall mean the 30-day period following the later of the Effective Date, the date an employee becomes an Eligible Employee, and the date an employee is notified in writing (or
electronically) by the Committee that he or she is an Eligible Employee. 
  

 -3- 

 (t) “Interest Rate” shall mean, for each Fund, an amount equal to the net gain or loss on the
assets of such Fund during each month. 
  
 (u)
“Participant” shall mean any Eligible Employee who becomes a Participant in this Plan in accordance with Article II. Excluding Section 3.1, a Participant who transfers employment with the Company to a related business entity shall be
deemed to be a Participant with the Company for purposes of this Plan. A related business entity shall include a controlled group member company, an affiliated management or service group member company, a subsidiary or joint venture of the Company,
or other related business entity as defined in Internal Revenue Code section 414(b)(c)(m), or (n). 
  
 (v) “Payment Date” shall mean as soon as administratively feasible following the end of the prior calendar quarter, or following year-end for
annual installment payments. 
  
 (w) “Plan” shall be the
Advanced Micro Devices Executive Investment Account, as set forth herein and with Appendix, now in effect, or as amended from time to time. 
  
 (x) “Plan Year” shall mean initially July 1, 2000 until December 31, 2000, and thereafter, each calendar year. 
  
 (y) “Scheduled Withdrawal Date” shall mean the distribution date
elected by the Participant for an in-service withdrawal of amounts from such Accounts deferred in a given Plan Year, and earnings and losses attributable thereto, as set forth on the election form for such Plan Year. 
  
 (z) “Trust” shall mean the Advanced Micro Devices, Inc. Executive
Investment Account Trust, once established. 
  
 (aa)
“Trustee” shall mean the individual or institutional Trustee(s) so designated under the terms of the Trust. 
  

 -4- 

 ARTICLE II 
 PARTICIPATION 
  
 An
Eligible Employee shall become a Participant in the Plan by electing to defer a portion of his or her Compensation, pursuant to Section 3.1. 
  
 ARTICLE III 
 DEFERRAL
ELECTIONS 
  
 3.1 Elections to Defer Compensation.

  
 (a) Initial Election Period. Subject to the provisions
of Article II, each Eligible Employee may elect to defer Compensation by filing with the Committee an election that conforms to the requirements of this Section 3.1, on a form or electronic method provided by the Committee, no later than the last
day of his or her Initial Election Period. 
  
 (b) General
Rule. The amount of Compensation that an Eligible Employee may elect to defer is such Compensation earned on or after the time at which the Eligible Employee elects to defer in accordance with Sections 1.1(u) and 3.1(a) and shall be a flat
dollar amount or percentage which shall not exceed 50 (fifty) percent of the Eligible Employee’s Base Salary and/or up to 100 (one-hundred) percent of the Eligible Employee’s incentive sales commissions and Bonuses, as may be limited as
set forth in Appendix A to this document, provided that the total amount deferred by a Participant shall be limited in any calendar year, if necessary, to satisfy Social Security Tax (including Medicare), income tax and employee benefit plan
withholding requirements as determined in the sole and absolute discretion of the Committee. 
  
 (c) Duration of Compensation Deferral Election. An Eligible Employee’s initial election to defer Compensation must be prior to the end of his or her Initial Election Period and is to be effective with
respect to Compensation received after such deferral election is processed. A Participant may increase, decrease or terminate a deferral election with respect to Compensation for any subsequent calendar quarter by filing a new election prior to the
beginning of the next calendar quarter, which election shall be effective on the first day of the next following calendar quarter. In the case of an employee who becomes an Eligible Employee after the Effective Date, such Eligible Employee shall
have 30 days from the date he or she receives written or electronic notice from the Committee of becoming an Eligible Employee to make an Initial Election with respect to Compensation. 
  
 (d) Elections other than Elections during the Initial Election Period. Subject to the limitations of Section 3.1(b),
any Eligible Employee who has terminated a prior Compensation deferral election may elect to again defer Compensation by filing an election, on a form provided by the Committee, to defer Compensation as described in Sections 3.1(b) and 3.1(c) above.
An election to defer Compensation must be filed in a timely manner in accordance with Section 3.1(c) above. 
  

 -5- 

 3.2 Investment Elections. 
  
 (a) At the time of making the deferral elections described in Section 3.1, the Participant shall designate, on a form
provided by the Committee, the types of investment funds in which the Participant’s Account will be deemed to be invested for purposes of determining the amount of earnings to be credited to that Account. In making the designation pursuant to
this Section 3.2, the Participant may specify that all or any multiple of his or her Account be deemed to be invested, in whole percentage increments, in one or more of the types of investment funds provided under the Plan as communicated from time
to time by the Committee. Effective as of the first of any calendar month, a Participant may change the designation made under this Section 3.2 by filing an election, on a form or electronic method provided by the Committee, with the Committee prior
to the end of the prior month. If a Participant fails to elect a type of fund under this Section 3.2, he or she shall be deemed to have elected the Money Market type of investment fund. 
  
 (b) Although a Participant may designate the type of investments, the Committee shall not be bound by such designation. The
Committee shall select from time to time, in its sole and absolute discretion, commercially available investments of each of the types communicated by the Committee to the Participant pursuant to Section 3.2(a) above to be the Funds. The Interest
Rate of each such commercially available investment fund shall be used to determine the amount of earnings or losses to be credited to Participant’s Account under Article IV. 
  
 ARTICLE IV 
 DEFERRAL ACCOUNTS AND TRUST FUNDING 
  
 4.1
Deferral Accounts. 
  
 The Committee shall establish and
maintain a Deferral Account for each Participant under the Plan. Each Participant’s Deferral Account shall be further divided into separate subaccounts (“investment fund subaccounts”), each of which corresponds to an investment fund
elected by the Participant pursuant to Section 3.2(a). A Participant’s Deferral Account shall be credited as follows: 
  
 (a) As soon as administratively practicable after amounts are withheld and deferred from a Participant’s Compensation, the Committee shall credit the
investment fund subaccounts of the Participant’s Deferral Account with an amount equal to Compensation deferred by the Participant in accordance with the Participant’s election under Section 3.2(a); that is, the portion of the
Participant’s deferred Compensation that the Participant has elected to be deemed to be invested in a certain type of investment fund shall be credited to the investment fund subaccount corresponding to that investment fund; 
  
 (b) Each business day, if valued daily, or each month, if valued monthly,
each investment fund subaccount of a Participant’s Deferral Account shall be credited with earnings or losses in an amount equal to that determined by multiplying the balance credited to such investment fund subaccount as of the prior day, if
valued daily, or prior month, if valued monthly, plus contributions credited that day to the investment fund subaccount by the Interest 
  

 -6- 

 Rate for the corresponding fund selected by the Company pursuant to Section 3.2(b). Adjustments to the Participant’s
Deferral Account crediting rate and/or balance may be made for fees and expenses pertaining to the operation of the Plan and related asset charges. 
  
 (c) In the event that a Participant elects for a given Plan Year’s deferral of Compensation to have a Scheduled Withdrawal Date, all amounts
attributed to the deferral of Compensation for such Plan Year shall be accounted for in a manner which allows separate accounting for the deferral of Compensation and investment gains and losses associated with such Plan Year’s deferral of
Compensation. 
  
 4.2 Company Contribution Account.

  
 The Committee shall establish and maintain a Company
Contribution Account for each Participant under the Plan. 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 Section 3.2(a). A Participant’s Company Contribution Account shall be credited as follows: 
  
 (a) As soon as administratively practicable after a Company Discretionary Contribution Amount or Company Matching Contribution Amount, the Committee shall
credit the investment fund subaccounts of the Participant’s Company Contribution Account with an amount equal to the Company Discretionary Contribution Amount, if any, applicable to that Participant that is the proportion of the Company
Discretionary Contribution Amount, if any, or Company Matching Contribution Amount, if any, that the Participant elected to be deemed to be invested in a certain type of investment; and 
  
 (b) Each business day if valued daily, or each month, if valued monthly, each investment fund subaccount of a
Participant’s Company Contribution Account shall be credited with earnings or losses in an amount equal to that determined by multiplying the balance credited to such investment fund subaccount as of the prior day, if valued daily, or prior
month, if valued monthly, plus contributions credited that day to the investment fund subaccount by the Interest Rate for the corresponding Fund selected by the Company pursuant to Section 3.2(b). 
  
 4.3 Trust Funding. 
  
 The Company may create a Trust with an institutional Trustee. If so created,
the Company shall cause the Trust to be funded each year. The Company shall contribute to the Trust an amount equal to (1) the amount deferred by each Participant; (2) the aggregate amount of Company Discretionary Contribution Amounts, if any; and
(3) the aggregate amount of Company Matching Contribution Amounts for the Plan Year, if any, less required Distributable Amounts. 
  
 Although the principal of the Trust and any earnings thereon shall be held separate and apart from other funds of Company and shall be used exclusively
for the uses and purposes of Plan Participants and Beneficiaries as set forth therein, neither the Participants nor their Beneficiaries shall 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 
  

 -7- 

 and Beneficiaries against the Company. Any assets held in the Trust will be subject to the claims of Company’s
general creditors under federal and state law in the event of insolvency as defined in the Trust agreement. 
  
 The assets of the Plan and Trust shall never inure to the benefit of the Company and the same shall be held for the exclusive purpose of providing
benefits to Participants and their Beneficiaries and for deferring reasonable expenses of administering the Plan and Trust. 
  
 ARTICLE V 
 VESTING

  
 A Participant shall be 100% vested in his or her Deferral
Account, Company Discretionary Contribution Amount, if any, and Company Matching Contribution Amount, if any. 
  
 ARTICLE VI 
 DISTRIBUTIONS 
  
 6.1 Distribution of Deferred Compensation and Discretionary Company
Contributions Upon Termination of Employment or Death. 
  
 (a) Distribution Upon Termination of Employment with the Company. Upon termination of employment with the Company, a Participant’s Distributable Amount shall be paid to the Participant (and after his or her death to his or her
Beneficiary) in a lump sum on the Participant’s Payment Date. In the event the Participant has an Account balance of more than $25,000, the Participant may elect to have his or her Account balance paid in substantially equal annual installments
over a fixed number of years, no less than three (3) and no more than ten (10) years, beginning on the Participant’s Payment Date. However, such optional form of benefit must be elected by the Participant, on a form provided by and submitted to
the Committee, at least one (1) year before the Participant terminates employment with the Company. 
  
 A Participant may modify, on a form provided by and submitted to the Committee, the form of benefit that he or she has previously elected, provided such
modification form is submitted to the Committee at least one (1) year before the Participant terminates employment with Company. 
  
 The Participant’s Account shall continue to be credited with earnings pursuant to Section 4.1 of the Plan until all amounts credited to his or her
Account under the Plan have been distributed. 
  
 (b)
Distribution Upon Death During Employment With the Company. In the case of a Participant who dies while employed by the Company, the Beneficiary shall receive the balance of Participant’s Accounts in a lump sum payment. 
  
 (c) Post-Termination Death Benefit. In the event a Participant dies
after his or her termination of employment with the Company and still has a vested balance in his or her Account, the vested balance of such Account shall be paid to the Beneficiary, in a lump sum if 
  

 -8- 

 no valid optional benefit election is in effect for the deceased Participant, or in continued annual installments for the
remainder of the period in accordance with the election previously made by the Participant. 
  
 (d) Continuation of Employment with Related Employer. A Participant, as defined in Section 1.1(u), who transfers employment from the Company to a related business entity shall be deemed not to have terminated
employment with the Company for purposes of this Section 6.1. 
  
 6.2 In-Service Distribution With Scheduled Withdrawal Date. 
  
 In the case of a Participant who has elected a Scheduled Withdrawal Date for a distribution while still in the employ of the Company, such Participant shall receive his or her Distributable Amount, but only with
respect to those deferrals of Compensation, vested Matching Contribution Amounts and vested Company Discretionary Contribution Amounts and earnings on such deferrals of Compensation, Matching Contribution Amounts and Company Discretionary
Contribution Amounts as shall have been elected by the Participant to be subject to the Scheduled Withdrawal Date in accordance with Section 1.1 (y) of the Plan. A Participant’s Scheduled Withdrawal Date with respect to deferrals of
Compensation, Matching Contribution Amounts and Company Discretionary Contribution Amounts deferred in a given Plan Year can be no earlier than one year from the end of the Plan Year for which the deferrals of Compensation, Matching Contribution
Amounts and Company Discretionary Contribution Amounts are made. A Participant may extend the Scheduled Withdrawal Date for any Plan Year by so indicating on a form provided by and submitted to the Committee, provided such form is submitted to the
Committee at least one year before the Scheduled Withdrawal Date. The Participant shall have the right to twice so modify any Scheduled Withdrawal Date. In the event a Participant terminates employment with Company prior to a Scheduled Withdrawal
Date, other than by reason of death, the portion of the Participant’s Account associated with a Scheduled Withdrawal Date, which has not occurred prior to such termination, shall be distributed in a lump sum. 
  
 6.3 In-Service Distribution Without Scheduled Withdrawal Date.

  
 A Participant shall be permitted to elect an Early
Distribution from his or her Account prior to the Payment Date, subject to the following restrictions:  
  
 (a) The election to take an Early Distribution shall be made by filing a form provided by and filed with the Committee. 
  
 (b) The amount of the Early Distribution shall equal up to 90% of his or her
vested Account balance. 
  
 (c) The amount described in subsection
(b) above shall be paid in a single cash lump sum as soon as practicable after the end of the calendar month in which the Early Distribution election is made, and based upon the account valuations as of the previous quarter. 
  
 (d) If a Participant requests an Early Distribution of his or her entire
vested Account, the remaining balance of his or her Account (10% of the Account) shall be permanently 
  

 -9- 

 forfeited and the Company shall have no obligation to the Participant or his or her Beneficiary with respect to such
forfeited amount. If a Participant receives an Early Distribution of less than his or her entire vested Account, such Participant shall forfeit 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 or her Beneficiary with respect to such forfeited amount. 
  
 (e) If a Participant receives an Early Distribution of either all or a part of his or her Account, the Participant will be ineligible to participate in
the Plan for at least 12 consecutive months following the date of distribution. Such Participant may resume contributions to the Plan at the beginning of the calendar quarter following the 12 months of ineligibility. All distributions shall be made
on a pro rata basis from among a Participant’s Accounts. 
  
 6.4 Inability to Locate a Participant. 
  
 In the
event the Committee is unable to locate a Participant or Beneficiary within two years following the required Payment Date, the amount allocated to the Participant’s Deferral Account shall be forfeited. If, after such forfeiture, the Participant
or Beneficiary later claims such benefit, such benefit shall be reinstated without interest or earnings. 
  
 ARTICLE VII 
 ADMINISTRATION 
  
 7.1 Committee. 
  
 The number of members comprising the Committee shall be determined by the
Board, and may from time to time vary. A member of the Committee may resign by delivering a written notice of resignation to the Board. The Board may remove any member by delivering a copy of its resolution of removal to such member. Vacancies in
the membership of the Committee shall be filled by the Board. 
  
 7.2 Committee Action. 
  
 The Committee shall act
at meetings by affirmative vote of a majority of its members. Any action permitted to be taken at a meeting may be taken without a meeting if a written consent to the action is signed by a designed member or all members of the Committee. A member of
the Committee shall not vote or act upon any matter which relates solely to himself or herself as a Participant. A member or members of the Committee may execute any certificate or other written direction on behalf of the Committee if so authorized
in advance by affirmative vote of a majority of the members. 
  
 7.3 Powers and Duties of the Committee. 
  
 (a)
The Committee, on behalf of the Participants and their Beneficiaries, shall enforce the Plan in accordance with its terms, shall be charged with the general administration of the Plan, and shall have all powers necessary to accomplish its purposes,
including, but not by way of limitation, the following: 
  
 (1)
To select the Funds in accordance with Section 3.2(b) hereof; 
  

 -10- 

 (2) To construe and interpret the terms and provisions of this Plan; 
  
 (3) To compute and certify to the amount and kind of benefits payable to
Participants and their Beneficiaries; 
  
 (4) To maintain all
records that may be necessary for the administration of the Plan; 
  
 (5) To provide for the disclosure of all information and the filing or provision of all reports and statements to Participants, Beneficiaries or governmental agencies as shall be required by law; 
  
 (6) To make and publish such rules for the regulation of the Plan and
procedures for the administration of the Plan as are not inconsistent with the terms hereof; 
  
 (7) To appoint a Plan administrator or any other agent, and to delegate to them such powers and duties in connection with the administration of the Plan as the Committee may from time to time prescribe; and

  
 (8) To take all actions necessary for the administration of
the Plan, including determining whether to hold or discontinue any insurance policies in effect for the Plan. 
  
 7.4 Construction and Interpretation. 
  
 The Committee shall have full discretion to construe and interpret the terms and provisions of this Plan, which interpretations or construction shall be
final and binding on all parties, including but not limited to the Company and any Participant or Beneficiary. The Committee shall administer such terms and provisions in a uniform and nondiscriminatory manner and in full accordance with any and all
laws applicable to the Plan. 
  
 7.5 Compensation, Expenses and
Indemnity. 
  
 (a) The members of the Committee shall serve
without compensation for their services hereunder. 
  
 (b) The
Committee is authorized at the expense of the Company to employ such legal counsel as it may deem advisable to assist in the performance of its duties hereunder. Expenses and fees in connection with the administration of the Plan shall be paid by
the Company. 
  
 (c) To the extent permitted by applicable state
law, the Company shall indemnify and hold harmless the Committee and each member thereof, the Board, and any delegate of the Committee who is an employee of the Company against any and all expenses, liabilities and claims, including legal fees to
defend against such liabilities and claims arising out of their discharge in good faith of responsibilities under or incident to the Plan, other than 
  

 -11- 

 expenses and liabilities arising out of willful misconduct. This indemnity shall not preclude such further indemnities as
may be available under insurance purchased by the Company, or provided by the Company under any bylaw, agreement or otherwise, as such indemnities are permitted under state law. 
  
 7.6 Quarterly Statements. 
  

Under procedures established by the Committee, a Participant shall receive a statement with respect to such Participant’s Accounts on a frequency
of no less than annually. 
  
 7.7 Disputes. 
  
 (a) Claim. 
  
 A person who believes that he or she is being denied a benefit to which he
or she is entitled under this Plan (hereinafter referred to as “Claimant”) must file a written request for such benefit with the Committee, setting forth his or her claim. The request must be addressed to the Administrative Committee, c/o
AMD Benefits Manager, One AMD Place, PO Box 3453, M/S 181, Sunnyvale, CA 94099. 
  
 (b) Claim Decision. 
  
 Upon receipt of a claim, the Committee shall advise the Claimant that a reply will be forthcoming within ninety (90) days and shall, in fact, deliver such reply within such period. The Committee may, however, extend the reply period for an
additional ninety (90) days for special circumstances. 
  
 If the
claim is denied in whole or in part, the Committee shall inform the Claimant in writing, using language calculated to be understood by the Claimant, setting forth: (A) the specified reason or reasons for such denial; (B) the specific reference to
pertinent provisions of this Plan on which such denial is based; (C) a description of any additional material or information necessary for the Claimant to perfect his or her claim and an explanation of why such material or such information is
necessary; (D) appropriate information as to the steps to be taken if the Claimant wishes to submit the claim for appeal; and (E) the time limits for requesting an appeal under subsection (c). 
  
 (c) Request For Appeal. 
  
 Within ninety (90) days after the receipt by the Claimant of the written
opinion described above, the Claimant may request in writing that the Company review the determination of the Committee. Such request must be addressed to the Committee at the address noted in Section 7.7(a) above. The Claimant or his or her duly
authorized representative may, but need not, review the pertinent documents and submit issues and comments in writing for consideration by the Company. If the Claimant does not request a review within such ninety (90) day period, he or she shall be
barred and estopped from challenging the Committee’s determination. 
  

 -12- 

 (d) Review of Decision. 
  
 Within sixty (60) days after the Committee’s receipt of a request for review, (1) the Appeals Committee, as previously
appointed by the Committee, shall (i) review the request for review, (ii) after considering all materials presented by the Claimant, decide whether to uphold or reverse the Committee’s decision, and (iii) inform the Committee of its decision;
and (2) the Committee will inform the Participant in writing, in a manner calculated to be understood by the Claimant, the decision, setting forth the specific reasons for the decision and containing specific references to the pertinent provisions
of this Plan on which the decision is based. If special circumstances require that the sixty (60) day time period be extended, the Committee will so notify the Claimant and will inform the Claimant of the decision as soon as possible, but no later
than one hundred twenty (120) days after receipt of the request for review. 
  
 ARTICLE VIII 
 MISCELLANEOUS 
  
 8.1 Unsecured General Creditor. 
  
 Participants and their Beneficiaries, heirs, successors, and assigns shall
have no legal or equitable rights, claims, or interest in any specific property or assets of the Company. No assets of the Company shall be held in any way as collateral security for the fulfilling of the obligations of the Company under this Plan.
Any and all of the Company’s assets shall be, and remain, the general unpledged, unrestricted assets of the Company. The Company’s obligation under the Plan shall be merely that of an unfunded and unsecured promise of the Company to pay
money in the future, and the rights of the Participants and Beneficiaries shall be no greater than those of unsecured general creditors. It is the intention of the Company that this Plan be unfunded for purposes of the Code and for purposes of Title
1 of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). 
  
 8.2 Restriction Against Assignment. 
  
 The Company shall pay all amounts payable hereunder only to the person or persons designated by the Plan and not to any other person or corporation. No part of a Participant’s Accounts shall be liable for the
debts, contracts, or engagements of any Participant, his or her Beneficiary, or successors in interest, nor shall a Participant’s Accounts be subject to execution by levy, attachment, or garnishment or by any other legal or equitable
proceeding, nor shall any such person have any right to alienate, anticipate, sell, transfer, commute, pledge, encumber, or assign any benefits or payments hereunder in any manner whatsoever. If any Participant, Beneficiary or successor in interest
is adjudicated bankrupt or purports to anticipate, alienate, sell, transfer, commute, assign, pledge, encumber or charge any distribution or payment from the Plan, voluntarily or involuntarily, the Committee, in its discretion, may cancel such
distribution or payment (or any part thereof) to or for the benefit of such Participant, Beneficiary or successor in interest in such manner as the Committee shall direct. 
  
 8.3 Withholding. 
  
 There shall be deducted from each payment made under the Plan to the Participant (or Beneficiary) all taxes that are required to be withheld by the
Company in respect to such payment or this Plan. The Company shall have the right to reduce any payment by the amount of cash sufficient to provide the amount of said taxes. 
  

 -13- 

 8.4 Amendment, Modification, Suspension or Termination. 
  
 The Committee may amend, modify, suspend or terminate the Plan in whole or
in part, with ratification from the Board where required, except that no amendment, modification, suspension or termination shall have any retroactive effect to reduce any amounts allocated to a Participant’s Accounts. In the event that this
Plan is terminated, the amounts allocated to a Participant’s Accounts shall be distributed to the Participant or, in the event of his or her death, his or her Beneficiary, in a lump sum within thirty (30) days after the end of the quarter in
which the Plan terminates, or as soon as administratively practicable thereafter. 
  
 8.5 Governing Law. 
  
 This Plan shall be construed, governed and administered in accordance with the laws of the State of California, except where pre-empted by federal law. 
  

8.6 Receipt or Release. 
  
 Any payment to a Participant or the Participant’s Beneficiary in accordance with the provisions of the Plan shall, to the extent thereof, be in full
satisfaction of all claims against the Committee and the Company. The Committee may require such Participant or Beneficiary, as a condition precedent to such payment, to execute a receipt and release to such effect. 
  
 8.7 Limitation of Rights and Employment Relationship 
  
 Neither the establishment of the Plan and Trust, nor any modification
thereof, nor the creating of any fund or account, nor the payment of any benefits, shall be construed as giving to any Participant, or Beneficiary or other person any legal or equitable right against the Company or the trustee of the Trust except as
provided in the Plan and Trust; and in no event shall the terms of employment of any Employee or Participant be governed, modified, or in any way be affected by the provisions of the Plan or Trust. 
  
 8.8 Headings. 
  
 Headings and subheadings in this Plan are inserted for convenience of
reference only and are not to be considered in the construction of the provisions hereof. 
  

 -14- 

 IN WITNESS WHEREOF, the Company has caused this Plan to be executed by its duly authorized designee(s).

  

					
	AMD Administrative Committee
			
	By:	 	 /s/ Robert J. Rivet

	 	 11/11/03

	 	 	Member	 	Date
			
	By:	 	 /s/ Mike Woollems

	 	 11/11/03

	 	 	Member	 	Date
			
	By:	 	 /s/ Kelly Smales

	 	 11/11/03

	 	 	Member	 	Date
			
	By:	 	 /s/ Reid Linney

	 	 11/11/03

	 	 	Member	 	Date
			
	By:	 	  

	 	  

	 	 	Member	 	Date

  

 -15- 

 APPENDIX A 
  

Pursuant to Sections 1.1(e) and 3.2 of the Plan, until and unless superseded, bonuses and the percentage limitations on permissible deferrals shall
mean: 
  
 1. Director Performance Recognition
Plan – 100% 
  
 2. Vice President
Performance Recognition Plan – 100%

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