Trend Micro 2010 Annual Report Download - page 15

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17
() Summary of Limited Liability Agreement
As long as Directors and Corporate Auditors perform their duties in good faith and without
gross negligence with respect to the liabilities set out in Article 423, paragraph 1 of the
Companies Act, the outside Director, the Full-time Corporate Auditor and the part-time
Corporate Auditors shall, in accordance with the limited liability agreement executed
between the Company and Mr. Hirotaka Takeuchi and between the Company and all four
Corporate Auditors, be liable for up to 10 million yen, 20 million yen and 4.8 million yen
respectively or the minimum liability amount prescribed by law, whichever of these
amounts is the higher.