TSMC Annual Report > 2016 > Operational Highlights > Material Contracts

Material Contracts

Research and Development Funding Agreement

Term of Agreement:

10/31/2012 - 12/31/2017

Contracting Party:

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 the ordinary course of our business. The Company’s “Significant Contingent Liabilities and Unrecognized Commitments” are disclosed in Financial Statements of this Annual Repor.