Agreement on Lease of Land of Export Processing Zone
Administration, Ministry of Economic Affairs
Whereas the lessee, NXP Semiconductors Taiwan Ltd. (hereinafter referred to as Party B), leases from the Export Processing
Zone Administration, Ministry of Economic Affairs (hereinafter referred to as Party A) one state-owned plot located within
Nanzi Export Processing Zone, both parties hereby reach on the following agreements:
Article 1 Location, rent and fee of the land
A business tax of 5% of above rent shall be added thereto.
Article 2 Term of lease: 10 years in total from Oct.1 , 94 to Oct.31, 104.
Article 3 The land leased hereunder shall only be used by Party B as a base for plant, office building or other buildings in
accordance with the investment plan as approved by the Export Processing Zone Administration, Ministry of Economic Affairs.
Party B may not request to create any surface rights over the land leased.
Article 4 If, Party B will not use the whole or any part of the land leased by it during the term of lease, it shall apply to Party A
for termination the lease of the same and may not re-lease, sub-lease, let others to use or assign to others the right to lease the
land without authorization . If the whole or any part of the land leased lies idle as Party B doesn’t use it, Party A shall require
Party B to use or terminate the lease of it within specified time limit; if Party B fails to do so, Party A may directly recover the
same and Party B may not raise any objection.
(See attached Location Plan)
District Section Subsection
These plots are leased on Nov.13, 97
upon approval by letter