The Board resolves to release the non-compete restriction on managerial officers Date of events: 2014/03/25 Contents:
1. | Date of the board of directors resolution:2014/03/25 |
2. | Name and title of the managerial officer with permission to engage in competitive |
conduct: Rick L. Tsai, CEO |
3. Items of competitive conduct in which the officer is permitted to engage: director of NXP
Semiconductors N.V.
4. Period of permission to engage in the competitive conduct: Throughout the tenure as CEO in the Company
5. Circumstances of the resolution (please describe the results of the voting under Article 32 of the Company Act): The resolution is approved by all of the directors present (excluding the directors who have personal interests) without dissent.
6. If the permitted competitive conduct is business of a mainland China area enterprise, the name and title of the managerial officer (if it is not business of a mainland China area enterprise, please enter ” not applicable” below):N/A
7. Company name of the mainland China area enterprise and the officer's position in the enterprise: N/A
8. | Address of the mainland China area enterprise: N/A |
9. | Business items of the mainland China area enterprise: N/A |
10. | Degree of effect on the Company's finances and business: None |
11. | If the managerial officer has invested in the mainland China area enterprise, the monetary amount of the officer's investment and the officer's shareholding ratio: N/A |
12. | Any other matters that need to be specified: None |