EXHIBIT 99.3
Xxxx Xxxxxxxx Retirement Arrangement
A. Employment Agreement
Fiscal Annual
Year Position and Duties Base Pay(1) Other
______ ____________________ ________________ _________________
FY05 Chairman of Molex [Yen 61,194,800] 50% work hours.
Japan and President Retain company
of Far East North. No automobile, office
longer a and administrative
Representative assistant.
Director of Japan and
Korea and no longer
an Officer of Molex
Incorporated.
[Merit increase
effective 9/1/04]
FY06 Chairman of both [Yen 36,716,900] 50% work hours.
Molex Japan and Molex [US $330,452] Retain company
Korea automobile, office
and administrative
[Annual base pay assistant.
reduced to 60% of
6/30/05 base salary
amount. Resignation
as corporate officer
as of 7/1/05.]
[The 60% reduction in
pay approved by the
Compensation
Committee on 1/28/04
was based on the
fiscal year 2004
salary rather than
the fiscal year 2005
salary effective
9/1/04.]
FY07- Member of the Board [Yen 36,716,900] NA
FY14 of Directors of both [US $330,452]
Molex Japan and Molex
Korea
X. Xxxxx further agrees that if Xxxx Xxxxxxxx dies during the
term of this Agreement, it will pay his spouse, if she
survives him, the balance of the annual payments each year
that would have been paid to Xxxxxxxx.
(1) Yen 1 = $0.0090
NOTE: Revisions to previously approved arrangement are in brackets.