EXHIBIT 10.6
Agreement
The agreement is signed between Cyanamid Taiwan Co.(hereinafter Cyanamid Co.),
Formica Taiwan Corp. (hereinafter Formica Corp.) and Xxxxx Xxx (hereinafter
employee) on March 18, 1986.
The employee accepts the following terms to terminate the employment
relationship with Cyanamid Co. and is transferred to Formica Corp. under its
employment. Cyanamid Co. and Formica Corp. also agree to the employment
transfer relationship based on the following terms.
1. Date of Employment Transfer
The agreement between "Employee" and "Cyanamid Co." is ended on March 19,
1986 and will be transferred to "Formica Corp." on March 20, 1986. (Up to
March 19, 1986, the employee's service years in Cyanamid Co. is one year
and 4 days.)
2. Statement of Employee
The employee states that up to March 19, 1986 all payments should be paid
by Cyanamid Co. such as salary, allowance and other related expenses have
been done and will not request any compensation from Cyanamid Co. based on
the agreement of employment transferring. The employee also agrees that
any loan from Cyanamid Co. that hasn't been refunded will return to
Formica Corp. by installment based on the Cyanamid's SOI of Loan Refund.
3. Statement of Cyanamid Co.
Cyanamid Co. states that the employee has completed the leaving request
formalities on the date of employment transfer and no any incomplete
affairs except the aforesaid loan which should be returned to Formica
Corp.
4. Statement of Formica Corp.
Formica Corp. states that it will employ the employee under Cyanamid Co.'s
employment terms from March 20, 1986. And the service years in Cyanamid
Corp. will be traced back and applied to the pension in the future.
Signed by:
Cyanamid Taiwan Co.
General Manager Xxxxx Xxxx
Xxxxxxx Taiwan Corp.
President Xxxxxx Xxxxxxxx
Employee Xxxxx Xxx
ID No. A102024376
March 18,1986 The Republic of China
