Page 89 - TSMC 2018 Annual Report

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5 5 5 5 8 Retirement Policy
TSMC’s retirement policy is set according to the labor standard laws and labor pension practices of various respective regions With the Company’s sound financial system TSMC ensures employees solid pension contributions and payments which encourages employees to set long-term career plans and further deepens their commitment to TSMC 5 6
Material Contracts
Research and Development Funding Agreement (Expired)
Term of Agreement:
10/31/2012 - 12/31/2017
Contracting Party:
ASML ASML Holding N V (ASML)
Summary:
TSMC shall provide EUR276 million to ASML’s research and development programs from 2013 to 2017
Note: TSMC is not currently party to any other material contract other than contracts entered into in in in the the ordinary course of our business The Company’s “Significant Contingent Liabilities and Unrecognized Commitments” are disclosed in in Annual Report section (II) Financial Statements page 80