Agreement on Lease of Single (vehicle) Shelter of the Export
Processing Zone Administration, Ministry of Economic Affairs
Whereas the parties hereto agree that the Export Processing Zone Administration, Ministry of Economic Affairs (hereinafter
referred to as Party A), leases to NXP Semiconductors Taiwan Ltd. (hereinafter referred to as Party B) the single (vehicle) shelter
located within Xi’er Street, Nanzi Export Processing Zone, both parties hereby reach the following agreements:
1. Location, No. and annual rental of the single (vehicle) shelter:
(1). Object of lease: the pergola single (vehicle) shelter located within Xi’er Street, Nanzi Export Processing Zone,
occupying an area of 1100m².
(2). Rental: One hundred and fifty-one thousand, eight hundred New Taiwan Dollar only. Party B shall pay the rental in a
lump sum to the agency bank of National Treasury as specified (Nanzi Branch, Mega International Commercial Bank)
against the payment bill issued by Party A.
2. Term of lease:
One (1) year from Nov.1 of the 98 year to Oct.31 of the 99 year of the Republic of China. Unless otherwise approved by
both Party A, Party B may not early terminate the lease; otherwise its security deposits will not be refunded. Party B may not re-
lease the shelter to others during the term of lease; otherwise, Party A may unconditionally recover the shelter.
3. Security deposits:
Seventy-five thousand, nine hundred New Taiwan Dollar, which shall be paid by Party B upon execution of the agreement. if
Party B, upon expiry of the term of lease, clean up and return to Party A the vehicle shelter leased by it, Party A shall refund the
security deposits without interest after it is checked; however, if Party B hasn’t repaired any damage to the shelter facilities, or
Party B fails to perform relevant articles hereof, the security may be used to indemnify Party A for any damage caused to it, and
the surplus (if any) shall be refunded by Party A to Party B or Party B shall make up the deficiency