Board Escalation. If the Spansion chief financial officer reasonably determines that AMD has failed to offer an acceptable remedy for the Service failure, then the Spansion chief financial officer shall notify the Board of Directors (a) indicating the nature and the basis of the issue, and (b) listing the measures that Spansion proposes to take against AMD in order to remedy the Service failure. The Board of Directors shall consider the measures proposed by the Spansion chief financial officer against AMD and shall provide its recommendation or approval for any measures Spansion shall take to remedy the Service failure.
Appears in 3 contracts
Sources: General Administrative Services Agreement (Spansion Inc.), General Administrative Services Agreement (Advanced Micro Devices Inc), General Administrative Services Agreement (Spansion Inc.)