Exhibit 10.2

This Relocation Expenses Agreement
(the “Agreement”) is entered into by and between
Advanced Micro Devices, Inc. (“AMD”) and Thomas
Seifert (“Employee”) (collectively, the
“Parties”).
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1.
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Relocation
Expenses. AMD agrees to
provide Employee, and/or designated third parties on behalf of
Employee, certain expenses associated with Employee’s
relocation in connection with Employee’s AMD employment
(“Relocation Expenses”). Relocation Expenses shall
include only those expenses authorized and described in the
enclosed Relocation Guidelines, and/or other expenses related to
Employee’s relocation that are pre-approved in writing by
AMD’s CEO. Employee’s estimated relocation
expenses are $ 161,000 . Actual Relocation Expenses may be
greater or less, and the terms of this Agreement apply only to the
amount actually incurred by or paid to Employee.
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2.
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Repayment of
Relocation Expenses. Employee agrees to repay to AMD all or a
prorated amount of the Relocation Expenses, according to the
following terms:
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(a)
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Repayment
Due to Termination of Employment. If Employee’s employment with AMD
terminates less than 13 full months after the effective date of
Employee’s hire or transfer, Employee agrees to repay one
hundred percent (100%) of the Relocation Expenses paid by AMD.
If Employee’s employment with AMD terminates at least 13 full
months after the effective date of Employee’s hire or
transfer, but less than 24 full months after the effec
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