AMD 1995 Annual Report Download - page 169

upon the execution and coming into effect of this Contract, the
user of the land shall obtain the agreement of Party A, to complete,
in accordance with the relevant stipulations, the formalities for
examination and approval, to enter into a new contract for the
assignment of the right to the use of the land, to adjust the fee for
the assignment of the right to the use of the land, and to complete
the formalities for registration of the change in the right to the
use of the land.
CHAPTER 5 FEES AND CHARGES IN RELATION TO LAND AND THE PAYMENT THEREOF
Clause 11 Party B hereby agrees to pay to Party A, in accordance with the
stipulations of this Contract, the fee for the assignment of the
right to the use of the land and the fee for the use of the land.
Party B shall, in accordance with the relevant stipulations of the
State, also pay tax for any appreciation in value of the land and
other relevant taxes, fees and charges in relation to the land. In
the event that there is any new stipulation henceforth promulgated by
the State, the payment of the aforesaid taxes, fees and charges shall
be in accordance with such new stipulations.
Clause 12 The fee for the assignment of the right to the use of the land in the
Land Parcel under this Contract shall be United States Dollars Eleven
and Cents Fifty (US$11.50) per square metre and the total amount of
such fee shall be United States Dollars Ninety-Two Million
(US$92,000,000).
Clause 13 Upon the signing of this Contract by the Parties, Party B shall,
within 7 days thereof, pay to Party A 15% of the total fee for the
assignment of the right to the use of the land calculated at
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Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 1996