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Exhibit 10.23
I, Joseph Tung, certify that set forth below is a fair and accurate English
translation of the required document included as an exhibit to this Registration
Statement.
By: /s/ JOSEPH TUNG
------------------------------
Title: Chief Financial Officer
Dated: August 28, 2000
(English Translation Summary)
MINISTRY OF ECONOMIC AFFAIRS
EXPORT PROCESSING ZONES ADMINISTRATION (EPZA)
NANTZE EXPORT PROCESSING ZONE
LAND LEASE AGREEMENTS
I. See Annex I for a description of lease details.
II. General Provisions:
The land in the Kaohsiung Nantze Export Processing Zone on which ASE Inc.'s
packaging and testing facilities are located is leased from the Ministry of
Economic Affairs, Export Processing Zones Administration.
The term under all lease agreements between EPZA and ASE Inc. is 10 years.
The usage of leased land is limited to office, factory, warehouse, and
operational space. No sublease or lending of the land is allowed. The usage,
rental payment schedule, default penalty, public construction fee, deposit,
minimum dimension and other construction requirements are stipulated by the
regulations of the Ministry of Economic Affairs. The EPZA may adjust the rental
when the government reevaluates the land price.
The lease agreements are renewable by 3 months prior written application
with the EPZA. After the termination of the lease agreement, ASE Inc. should
return the buildings on the land and the buildings will be sold to any other
enterprises as approved by the EPZA within 6 months.
The regulation of Ministry of Economics Affairs in connection with the
lease in the Nantze Export Processing Zone may change from time to time. There
can be no assurance that current regulations will continue in effect or that
future changes will not have an adverse effect upon the availability of the
lease above.
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ANNEX I
<TABLE>
<CAPTION>
Public
Unit Price Rental Facility
Exhibit Land Lease Total Area (NT$/m(2)/per (NT$/per Construction Lease Date of
No. Agreements Property (m(2)) month) month) Fee Period Lease
-------- ------------ ------------------------- ----------- ------------- -------- ------------ --------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
10.23* (84) Nan-Di Nantze Export Processing 11,348 11.50 130,502 0 1999.7.1- 1995.6.27
Tse-No. 25 Zone, Hoping Section, Sub- 2005.6.30
Section II, District 1, No.
713 and 717 (Property No.
CL051)
</TABLE>
* Replaced by Lease 10.14
