Acer 2007 Annual Report Download - page 45

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42
and prot sharing.
5.5.6 Pension Scheme
The Company abides to each country’s labor
laws and customs. Taking Taiwan for example,
Acer conforms to the Labor Standards Act and
Labor Pension Act; by contributing a portion of
employees’ salaries toward a pension scheme.
Employees who have served for 15 years and
have reached 50 years of age can apply for early
retirement.
5.5.7 Employee Relations
Acer respects employees’ opinions and is
dedicated to maintaining a harmonious relation
between managers and their team members. In
the past two years, Acer has not suffered any
nancial loss from employee conict.
Taking Taiwan for example, Acer offers multiple
channels for interaction in order to improve two-
way communication:
• A hotline for each supporting function has
been set up for employees to call, in condence,
to express concerns or issues. Acer will provide
counsel and/or resolve the issue in the most
efcient way.
• Employees can report areas of concern to their
immediate supervisor or choose to convey to
higher authorities for resolution. Meanwhile,
the Company Chairman meets face-to-face with
employee representatives from each division on a
quarterly basis, to discuss areas of improvement
and respond to issues. The Chairman also assigns
the relevant member(s) to aggressively follow
up on change or improvement, and to report
on progress at the next quarterly meeting. The
meeting minutes are published on the Company
Intranet for all employees’ attention.
5.6 Important Contracts
y
y
Nature of
Contracts Contracting Parties Beginning and Ending
Dates of Contracts Major Content Restrictive
Clauses
Software
License
Agreement
Microsoft Inc. Aug 1, 2007~Jul 31,
2008
Obtain license from
Microsoft for using certain
software
Confidential
Non-assignable
IBM Corporation
Nov 22, 2006 until the
end of related patents
period
Cross license arrangements
for certain patents Confidential
Non-assignable
Lucent Technologies
GRL, LLC
Apr 1, 2004~Dec 31,
2010
Cross license arrangements
for certain patents
Confidential
Non-assignable
Patent License
Agreement
MPEG LA, LLC Jun 1, 1994~Dec 31,
2010
Obtain license for MPEG-2
encoding/decoding patents
Confidential
Non-assignable
Consultant
Service
Agreement
ID SoftCapital Inc. Feb 1, 2005~Jan 31,
2010
O
btain consulting services
from IDS in investment
management
Confidential
Non-assignable
Credit Facility
Agreement
Coordinating Arranger:
Citibank N.A., Taipei
Branch
Oct 11, 2007, Oct 10,
2010
T
he syndicated financing in
the amount of up to
NT$19,800 million
Confidential
Non-assignable