Agreement on Lease of Additional Land of Export Processing Zone
Administration, Ministry of Economic Affairs for Utilities
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 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 The land leased under the lease many only be used by Party B to improve the plot ratio of the land and may not be
used for construction or other purposes.
Article 3 The term of lease is the same as that of original construction base, i.e., ten (10) years in total from Mar.13 of the 89
year to Mar.12 of the 99 year of the Republic of China.
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 thereto.
Article 5 If the land leased hereunder is unable to be leased due to readjustment of the use allocation of utility land, the lessor
shall allocate other land for the same purpose.
Article 6 The rental for the land leased hereunder is 759 New Taiwan Dollar. The date of payment, penalty on overdue payment,
and term for rent adjustment are subject to original lease agreement on the construction base.
Article 7 The agreement is a supplemental agreement to original l