{"id":41421,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/articles-of-incorporation-united-microelectronics-corp.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"articles-of-incorporation-united-microelectronics-corp","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/formation\/articles-of-incorporation-united-microelectronics-corp.html","title":{"rendered":"Articles of Incorporation – United Microelectronics Corp."},"content":{"rendered":"

(Translation)
\nArticles of Incorporation of United Microelectronics Corporation<\/strong><\/p>\n

Last Updated: June 13, 2008<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Section I<\/p>\n<\/td>\n

<\/td>\n\n

General Provisions<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 1<\/p>\n<\/td>\n

<\/td>\n\n

The Company shall be incorporated as a company limited by shares under the
\nCompany Law and its name shall be “United Microelectronics Corporation.”<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 2<\/p>\n<\/td>\n

<\/td>\n\n

The scope of business of the Company shall be as follow:<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\n\n

1.<\/p>\n<\/td>\n

<\/td>\n\n

Integrated circuits;<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

2.<\/p>\n<\/td>\n

<\/td>\n\n

Various semiconductor parts and components, such as Hybrid Circuits, IC Cards
\nand Circuit Modules, etc.;<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

3.<\/p>\n<\/td>\n

<\/td>\n\n

Parts and components of microcomputers, microprocessors, peripheral support
\nand system products, such as Contact Image Sensors (CIS) and Liquid Crystal
\nDisplays (LCD), etc.;<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

4.<\/p>\n<\/td>\n

<\/td>\n\n

Parts and components of Semiconductor memory and its systems products;<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

5.<\/p>\n<\/td>\n

<\/td>\n\n

Parts and components of semiconductor and its systems products used in
\ndigital signal acquisition and transmission system;<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

6.<\/p>\n<\/td>\n

<\/td>\n\n

Parts and components of semiconductor and its systems products used in
\ntelecommunication systems;<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

7.<\/p>\n<\/td>\n

<\/td>\n\n

Testing and packaging of integrated circuits<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

8.<\/p>\n<\/td>\n

<\/td>\n\n

Production of mask; research and development, design, production, sales,
\npromotion and after sale service of all above items and their application
\nproducts.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

9.<\/p>\n<\/td>\n

<\/td>\n\n

Also engage in export\/import trade business in relation to the business of
\nthe Company.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 2-1<\/p>\n<\/td>\n

<\/td>\n\n

The Company may act as a guarantor.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 2-2<\/p>\n<\/td>\n

<\/td>\n\n

When the Company becomes a shareholder of limited liability in other
\ncompanies, the total amount of its investment may not be subject to the
\nrestriction of not exceeding 40% of its own paid-in capital as provided in
\nArticle 13 of the Company Law.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 3<\/p>\n<\/td>\n

<\/td>\n\n

The Company shall have its head-office in Hsinchu Science-based Industrial
\nPark and, if necessary, may set up branches or business offices in and out of
\nthis country upon a resolution of its Board of Directors and approval from the
\ncompetent government authority.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 4<\/p>\n<\/td>\n

<\/td>\n\n

Public notices of the Company shall be made in accordance with Article 28 of
\nthe Company Law.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Section II<\/p>\n<\/td>\n

<\/td>\n\n

Shares<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 5<\/p>\n<\/td>\n

<\/td>\n\n

The total capital amount of the Company shall be Two Hundred and Sixty
\nbillion New Taiwan Dollars accounting for Twenty Six billion shares, at a par
\nvalue of Ten New Taiwan Dollars (NT$10) per share. Board of Directors is
\nauthorized to issue the unissued shares in installments. The issue price per
\nshare will be determined by the Board of Directors pursuant to the R.O.C.
\nCompany Law or relevant securities-related laws and regulations.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n\n

The capital, within fifteen billion New Taiwan Dollars, is for corporate
\nbonds with equity warrants, which is one thousand and five hundred million
\nshares, at a par value of ten New Taiwan Dollars (NT$10) per share. Board of
\nDirectors is authorized to issue the unissued shares in installments depending
\non the business needs of the Company.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n\n

Moreover, the capital, within twenty billion New Taiwan Dollars, is for
\nwarrant, which is two billion shares at a par value of Ten New Taiwan Dollars
\n(NT$10) per share. Board of Directors is authorized to issue the unissued shares
\nin installments depending on the business needs of the Company.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 6<\/p>\n<\/td>\n

<\/td>\n\n

The share certificate of the Company can be all name-bearing share
\ncertificates and shall be signed by, and affixed with the seals or by signature
\nof, at least three directors of the Company, and issued after duly
\nauthentication pursuant to the law.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n\n

The Company can also deliver shares by wiring into account books based on
\nrelated regulations, rather printing physical shares. When issuing other
\nsecurities, the same rule applies.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 7<\/p>\n<\/td>\n

<\/td>\n\n

Registration for transfer of shares shall all be suspended 60 days before the
\nconvocation of any ordinary shareholders153 meeting, 30 days before the
\nconvocation of extraordinary shareholders153 meeting, or 5 days before the record
\nday for distribution of dividend, interest and bonus or any other benefit as
\nscheduled by the Company.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Section III<\/p>\n<\/td>\n

<\/td>\n\n

Shareholders153 Meeting<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 8<\/p>\n<\/td>\n

<\/td>\n\n

Shareholders153 meeting shall be of two types, namely general and extraordinary
\nshareholders153 meeting; the former shall be convened once a year by the Board of
\nDirectors in accordance with laws within six months after the close of each
\naccounting fiscal year and the latter shall be convened in accordance with laws
\nwhenever necessary.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 9<\/p>\n<\/td>\n

<\/td>\n\n

In case a shareholder is unable to attend a shareholders153 meeting, he\/she may
\nissue proxy printed by the Company setting forth the scope of authorization by
\nsigning or affixing his\/her seal on the proxy form for the representative to be
\npresent on his\/her behalf.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 10<\/p>\n<\/td>\n

<\/td>\n\n

Unless otherwise provided in the Laws, a shareholder of the Company shall
\nhave one vote for each share held by him.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 11<\/p>\n<\/td>\n

<\/td>\n\n

Unless otherwise provided in the Company Law, Securities and Exchange Act or
\nother Laws, resolution shall be made at the meeting attended by shareholders
\nholding and representing majority of the total number of issued and outstanding
\nshares and at which meeting a majority of the shareholders shall vote in favor
\nof the resolution.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Section IV<\/p>\n<\/td>\n

<\/td>\n\n

Directors and Supervisors<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 12<\/p>\n<\/td>\n

<\/td>\n\n

The Company shall have nine (9) to eleven (11) directors to be elected at a
\nshareholders153 meeting through nominating system from persons of legal capacity
\nto serve a term of three years. A director or supervisor may be re-elected.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n\n

At least three (3) directors or one-fifth of all directors, whichever is
\nhigher, shall be the independent directors. The qualification, the limitations
\nof shareholding and concurrently serving other positions, the methods of
\nnomination and election and other related matters shall be subject to the
\napplicable laws.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 13<\/p>\n<\/td>\n

<\/td>\n\n

The Company shall set forth the Audit Committee, which comprises of all the
\nindependent directors. The seats, the term, the authorities, the rules governing
\nmeetings and the resources the Company shall provide upon the committee153s
\nexercise of authority shall be governed by the charter of Audit Committee, which
\nwill be set forth separately.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 14<\/p>\n<\/td>\n

<\/td>\n\n

The Company has to purchase D&O for directors during their terms.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 15<\/p>\n<\/td>\n

<\/td>\n\n

The Board of Directors shall be organized by directors. The Chairman of the
\nBoard shall be elected by majority of directors present at a meeting attended by
\nmore than two thirds of directors. The directors may also elect a vice Chairman
\nof the Board whenever they may deem necessary to carry out the Company153s
\nactivities. The Chairman of the Board shall internally be the Chairman of the
\nmeeting of shareholders, Board of Directors and managing directors153 meeting and
\nexternally represent the Company.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 16<\/p>\n<\/td>\n

<\/td>\n\n

In case the Chairman of the Board of Directors is on leave or unable to
\nperform his duties for cause, the vice Chairman of the Board of Directors, if
\nany, shall act as the Chairman. If there is no vice Chairman of the Board or the
\nvice Chairman of the Board is also on leave or unable to perform his duties for
\ncause, the Chairman of the Board shall designate a director to act as the
\nchairman. If no such designation, the directors shall elect one from among
\nthemselves.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 16-1<\/p>\n<\/td>\n

<\/td>\n\n

In case a board member is unable to attend the Board of Directors153 meeting,
\nhe\/she may issue proxy setting forth the scope of authorization by signing or
\naffixing his\/her seal on the proxy form for another board member to present on
\nhis\/her behalf. The representative shall serve as the proxy for one director
\nonly.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n\n

Other than demanded by R.O.C. Company Law, Securities and Exchange Act or
\nother Laws, the resolution of the board of directors shall be adopted by a
\nmajority of the directors present at the meeting attended by more than half of
\nthe directors.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 17<\/p>\n<\/td>\n

<\/td>\n\n

Remunerations for all directors shall be decided by the Board of Directors
\nauthorized by a meeting of shareholders according to involvements and
\ncontributions to the Companies153 operation and at the normal rate adopted by
\nother firms of the same industry.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 18<\/p>\n<\/td>\n

<\/td>\n\n

The Board of Directors shall have the following functions and
\nresponsibilities:<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\n\n

1.<\/p>\n<\/td>\n

<\/td>\n\n

Examination and review of operational policy and medium and long-term
\ndevelopment plans.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

2.<\/p>\n<\/td>\n

<\/td>\n\n

Review of and supervision over execution of annual business plans.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

3.<\/p>\n<\/td>\n

<\/td>\n\n

Approval of budget and examination of the final settlement of account.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

4.<\/p>\n<\/td>\n

<\/td>\n\n

Examination of capital increase\/decrease plans.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

5.<\/p>\n<\/td>\n

<\/td>\n\n

Examination of earnings distribution or loss making up programs.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

6.<\/p>\n<\/td>\n

<\/td>\n\n

Examination and approval of important contracts.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

7.<\/p>\n<\/td>\n

<\/td>\n\n

Examination of Articles of Incorporation or amendments thereof.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

8.<\/p>\n<\/td>\n

<\/td>\n\n

Approval of organizational by-laws and important business rules.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\n\n<\/tbody>\n<\/table>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\n\n

9.<\/p>\n<\/td>\n

<\/td>\n\n

Decision in establishment, reorganization or removal of branch offices.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

10.<\/p>\n<\/td>\n

<\/td>\n\n

Approval of major capital expenditure plans.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

11.<\/p>\n<\/td>\n

<\/td>\n\n

Appointment and discharge of general manager and deputy general manager.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

12.<\/p>\n<\/td>\n

<\/td>\n\n

Execution of resolutions adopted at shareholders153 meeting.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

13.<\/p>\n<\/td>\n

<\/td>\n\n

Examination of matters proposed by general manager for decision.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

14.<\/p>\n<\/td>\n

<\/td>\n\n

Convocation of shareholders153 meeting and making business reports.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

15.<\/p>\n<\/td>\n

<\/td>\n\n

Other matters to be handled in accordance with the laws.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 19<\/p>\n<\/td>\n

<\/td>\n\n

Except for the authority provided under Paragraph 4, Article 14-4 of the
\nSecurities and Exchange Act, the authorities granted to each of the supervisor
\nunder the Company Act, the Securities and Exchange Act and other laws shall be
\ngranted to and exercised by the Audit Committee. Provisions of Paragraph 4,
\nArticle 14-4 of the Securities and Exchange Act which are relating to the
\nsupervisor153s activities and capacity of being the representative of a company
\nprovided under the Company Act shall apply mutatis mutandis to each independent
\ndirector, a member of the Audit Committee.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Section V<\/p>\n<\/td>\n

<\/td>\n\n

Managers<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 20<\/p>\n<\/td>\n

<\/td>\n\n

The Company may have one Chief Executive Officer and several managers, whose
\nappointments, discharge, and remunerations shall be subject to provisions in
\nArticle 29 of the R.O.C. Company Law. The title and scope of authority of the
\nmanagers are to be determined by the board of directors, and the board of
\ndirectors can authorize the chairman to determine.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Section VI<\/p>\n<\/td>\n

<\/td>\n\n

Accounting<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 21<\/p>\n<\/td>\n

<\/td>\n\n

The Board of Directors shall prepare at the close of each accounting fiscal
\nyear for the Company (1) Business Report, (2) Financial Statements, (3) Proposal
\nof Distribution of Earnings or Making Up of Loss, etc. and submit the same to
\nthe general shareholders meeting for acceptance.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 22<\/p>\n<\/td>\n

<\/td>\n\n

After making the final settlement of account, the Company shall allocate the
\nnet profit (“earnings”), if any, according to the following sequence:<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\n\n

1.<\/p>\n<\/td>\n

<\/td>\n\n

Payment of taxes.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

2.<\/p>\n<\/td>\n

<\/td>\n\n

Making up loss for preceding years.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

3.<\/p>\n<\/td>\n

<\/td>\n\n

Setting aside 10% for legal reserve.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

4.<\/p>\n<\/td>\n

<\/td>\n\n

Allocation of 0.1% of residual amount after deducting the amounts stated in
\nItems 1 through 3 above for remuneration of directors and supervisors.<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

5.<\/p>\n<\/td>\n

<\/td>\n\n

The amount of no less than 5% of the residual amount after distribution of
\nitem 1 to 3, plus undistributed earnings from previous years, shall be
\ndistributed as bonus to employees in the form of cash or new shares. The
\nemployees may include certain qualified employees from affiliate companies and
\nthe qualification of such employees is to be decided by the board of directors.\n<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\n\n\n
<\/td>\n\n

6.<\/p>\n<\/td>\n

<\/td>\n\n

The rest shall be distributed according to the distribution plan proposed by
\nthe board of directors according to the dividend policy in paragraph two of this
\nclause and submitted to the shareholders153 meeting for approval.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Because the company is still in its growth stage, the dividend policy of the
\nCompany shall be determined pursuant to the factors, such as the investment
\nenvironment, capital requirement, domestic and overseas competition environment
\nand capital budget of the Company current or future, as well as shareholders
\ninterest, balance of dividend and long term financial plan of the Company. The
\nBoard of Directors shall propose the distribution plan and submit to the
\nshareholders153 meeting every year. The distribution of shareholders dividend
\nshall be allocated as cash dividend in the range of 20% to 100%, and stock
\ndividend in the range of 0% to 80%.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Section VII<\/p>\n<\/td>\n

<\/td>\n\n

Additional Rules<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 23<\/p>\n<\/td>\n

<\/td>\n\n

The organization by-law of the Company shall be provided otherwise.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 24<\/p>\n<\/td>\n

<\/td>\n\n

In regard to all matters not provided for in these Articles of Incorporation,
\nthe Company Law, Securities and Exchange Act or other Laws shall govern.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Article 25<\/p>\n<\/td>\n

<\/td>\n\n

These Article of Incorporation were enacted on Feb. 21, 1980 and amended on
\nFeb. 21, 1981 for the first time, on May 16, 1981 for the second time, on Aug.
\n8, 1981 for the third time, on Oct. 20, 1981 for the fourth time, on Jan. 15,
\n1982 for the fifth time, on Apr. 28, 1983 for the sixth time, on Mar. 19, 1984
\nfor the seventh time, on Aug. 7, 1984 for the eighth time, on Apr. 30, 1985 for
\nthe ninth time, on Apr. 26, 1986 for the tenth time, on May 23, 1987 for the
\neleventh time, on Mar. 5, 1988 for the twelfth time, on March 25, 1989 for the
\nthirteenth time, on June 6, 1989 for the fourteenth time, on Apr. 14, 1990 for
\nthe fifteenth time, on Jun. 29, 1991 for the sixteenth time, on May 7, 1992 for
\nthe seventeenth time, on Apr. 22, 1994 for the eighteenth time, on May 4, 1995
\nfor the nineteenth time, on Jun. 21, 1995 for the twentieth time, on Apr. 11,
\n1996 for the twenty-first time, on Jun. 24, 1997 for the twenty-second time, on
\nMay 5, 1998 for the twenty-third time, on May 13, 1999 for twenty-fourth time,
\non Jul. 30, 1999 for twenty-fifth time, on Apr. 7, 2000 for twenty-sixth time,
\non May 30, 2001 for the twenty-seventh time, on June 3, 2002 for the
\ntwenty-eighth time, on June 9, 2003 for the twenty-ninth time, on June 1, 2004
\nfor the thirtieth time, on June 13, 2005 for the thirty-first time, on June 12,
\n2006 for the thirty-second time, on June 11, 2007 for the thirty-third time, and
\non June 13, 2008 for the thirty-fourth time.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[9171],"corporate_contracts_industries":[9512],"corporate_contracts_types":[9573,9575],"class_list":["post-41421","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-united-microelectronics-corp","corporate_contracts_industries-technology__semiconductors","corporate_contracts_types-formation","corporate_contracts_types-formation__incorporation"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/41421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=41421"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=41421"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=41421"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=41421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}