EX-4.14 Lease Agreement dated June 25, 2008






Exhibit 4.14




IMPORTANT NOTICE

The information contained in this instrument forms part of the public records available for inspection and search by members of the public upon payment of a
fee. The information is collected and used for the purpose of maintaining the land
register pursuant to the Land Titles Act.




	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	For Official Use Only	 
	 	THE LAND TITLES ACT
	 	 	Instrument No.	 	 	IA/394945S	 	 	 	 	 	 
	 	LEASE
	 	 	Version No.	 	 	 	 	 	Based On	 
	 	 
	 	 	 	 	 	 	 	 	0.03	 	 
	 	 	 	 	Registered By	 	 	/s/ Yeo Soh Peng
	 
	 	 	 	 	Registered On	 	 	21 JUL 2008
	 
	 	 





DESCRIPTION OF LAND




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Title	 	 	 	 	 	 
	Type	 	Vol	 	Fol	 	Lot No	 	Extent	 	Property Address
	CT

	 	611	 	129	 	MK29-2300W
	 	Whole
	 	1 TAMPINES INDUSTRIAL AVENUE 5
SINGAPORE 528830






LESSOR




	 	 	 
	ID / Co Regn No :

	 	51100250000R
	Name :

	 	Jurong Town Corporation
	Citizenship / Place of Incorporation :

	 	SINGAPORE
	Address (within Singapore for service of notice) :

	 	8 Jurong Town Hall Road

The JTC Summit

Singapore 609434





HEREBY LEASES the registered estate or interest in the land to




LESSEE




	 	 	 
	ID / Co Regn No :

	 	199604197R
	Name :

	 	CHARTERED SEMICONDUCTOR MANUFACTURING (TAMPINES) PTE. LTD.
	Citizenship / Place of Incorporation :

	 	SINGAPORE
	Address (within Singapore for service of notice) :

	 	1 TAMPINES INDUSTRIAL AVENUE 5

Singapore 528830






TERM OF LEASE / CONSIDERATION




	 	 	 
	Term of Lease :

	 	30 years
	Commencement Date :

	 	01/08/1996
	Annual Rent :

	 	SEE ANNEX A
	Consideration :

	 	* SEE ANNEX A






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	 	  Stamp Duty Cert Attached  	 	 












 




	 	 	 	 	 
	 

	 	/s/ George Thomas
	 	/s/ Simon Yang
	 

	 	 
	 	 
	 

	 	George Thomas
	 	Simon Yang



















 





IMPORTANT NOTICE



The information contained in this instrument forms part of the public records
available for inspection and search by members of the public upon payment of a
fee. The information is collected and used for the purpose of maintaining the land
register pursuant to the Land Titles Act.



Subject to the following prior encumbrances




PRIOR ENCUMBRANCES




* Nil




COVENANTS AND CONDITIONS





	 	•	 	the covenants, conditions and powers implied by law in instruments of lease
	 
	 	•	 	the covenants and conditions set forth in the Memorandum of Lease filed in the Singapore
Land Authority as Memorandum of Lease Number I/30809F and as varied by Annex A.
	 
	* 	•	 	See Annex A





Please refer to the attached document with the following description(s):



ANNEX A





			
	DATE OF INSTRUMENT :	 	25 JUN 2008





EXECUTION BY LESSOR



The Common Seal of Jurong Town Corporation was hereunto affixed in the presence of:-









	 	 	 	 	 
	Signature :

	 	/s/ Eunice Koh	 	 
	 

	 	 	 	 
	 	 	Director, Customer Services Group	 [Customer Services] — Eunice Koh





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	 	/s/ George Thomas
	 	/s/ Simon Yang
	 

	 	 
	 	 
	 

	 	George Thomas
	 	Simon Yang







 











 





IMPORTANT NOTICE




The information contained in this instrument forms part of the public records
available for inspection and search by members of the public upon payment of a
fee. The information is collected and used for the purpose of maintaining the land
register pursuant to the Land Titles Act.




EXECUTION BY LESSEE




The Common Seal of CHARTERED SEMICONDUCTOR MANUFACTURING (TAMPINES) PTE. LTD. was hereunto affixed
in the presence of:-








	 	 	 	 	 
	 	 	 
	Signature : 	                           /s/ George Thomas
 	 
	 	DIRECTOR — NAME: George Thomas 	 
	 	 	 
	 	 	 
	Signature : 	                           /s/ Simon Yang
 	 
	 	DIRECTOR/SECRETARY — NAME: Simon Yang 	 
	 



CERTIFICATE PURSUANT TO THE RESIDENTIAL PROPERTY ACT





I, solicitor for the LESSEE, hereby certify that I have verified the following information:



Place of Incorporation and registration number



	 	 	 	 	 
	Name of Solicitor : 	LAW ZHI-EN, DANIEL 	 
	 	 	 
	Signature : 	          /s/ Law Zhi-en, Daniel
 	A&G 



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	 	/s/ George Thomas
	 	/s/ Simon Yang
	 
	 	 
	 	 
	 
	 	George Thomas
	 	Simon Yang



















 





IMPORTANT NOTICE



The information contained in this instrument forms part of the public records
available for inspection and search by members of the public upon payment of a
fee. The information is collected and used for the purpose of maintaining the land
register pursuant to the Land Titles Act.



I, the solicitor acting for the LESSEE, hereby certify that the within land/premises is NOT a
residential property (as defined in the Residential Property Act), and that approval under the said
Act is not required for the purchase, acquisition or retention of the within land/premises.




	 	 	 	 	 
	Name of Solicitor :

	LAW ZHI-EN, DANIEL	 
	 

	 	 
	 
	 	 	 	 
	Signature :

	/s/ Law Zhi-en, Daniel
	A&G
	 

	 	 





CERTIFICATE OF CORRECTNESS



I, a duly authorised officer of the Jurong Town Corporation as at the date of this instrument under
the Jurong Town Corporation Act, for and on behalf of the LESSOR hereby certify that this
instrument is correct for the purposes of the Land Titles Act.




	 	 	 	 	 
	Name of Duly Authorised Officer :

	CHUA SENG KEE	 
	 

	 	 
	 
	 	 	 	 
	Signature :

	/s/ Chua Seng Kee
	 
	 

	 	 





CERTIFICATE OF CORRECTNESS



I, solicitor for the LESSEE hereby certify that this instrument is correct for the purposes of the
Land Titles Act and that I hold a practising certificate which is in force as at the date of the
instrument.




	 	 	 	 	 
	Name of Solicitor :

	LAW ZHI-EN, DANIEL	 
	 

	 	 
	 
	 	 	 	 
	Signature :

	/s/ Law Zhi-en, Daniel
	A&G
	 

	 	 





CASE FILE REFERENCE





			
	Law firm case file reference :	 	(LG)3729/1552/CSK/YY





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	 	/s/ George Thomas
	 	/s/ Simon Yang
	 

	 	 
	 	 
	 

	 	George Thomas
	 	Simon Yang



















 





IA/394945S




ANNEX A

GS LOT 2300W MK 29 at 1 TAMPINES INDUSTRIAL AVENUE 5 SINGAPORE 528830





	A 	Consideration : 	1 	The fixed investment criteria by the Lessee on building and civil works
exceeding $600/- per square metre of the gross built-up area and on plant and machinery
exceeding $200/- per square metre of the demised premises, (hereinafter referred to as
“the fixed investment criteria”) and a gross plot ratio of not less than 0.76 and not
more than 1.4.
	 
	 	 	2	An annual rent as set out in clause 1(i) of Part I of this Annex A.






	A1 	Easement : 	As provided in the Memorandum of
Lease I/30809F and the First Variation of Memorandum of Lease VML
I/076384J hereinafter referred to.






	B 	 	The Memorandum of Lease Instrument No. I/30809F (hereinafter referred
to as “the ML”) shall be varied by the First Variation of memorandum
of Lease Instrument No. I/076384J (hereinafter referred to as “the
VML”) and further varied as follows:-





PART I




Clauses 1(i), 1(xi) and 1(xxxv) of the ML and clause 1(xl) of the VML shall be deleted, and
substituted by the following correspondingly numbered clauses:-





	1	(i) 	To pay the annual rent as set out below:-






	 	(a)	 	the annual rent shall be paid by equal monthly instalments on
the first day of each month of every year (i.e. first of January, February,
March, etc.) of the said term without any deductions and in advance without
demand at the office of the Lessor, or at such other office as the Lessor may
designate;
	 
	 	(b)	 	from 1 August 1996 the annual rent of Dollars One Million
Seven Hundred and Ten Thousand only ($1,710,000/-) calculated at the rate of
$19- per square metre per annum for the demised premises having an area of
90,000 square metres which rate shall be subject to revision on 1 August 1997
and on 1 August of every year thereafter at the rate based on the market rent
on the respective dates determined in the manner following but so that the
increase shall not exceed 7.6% of the annual rent for each immediately
preceding year;





Lease (Annex A)/1.020/Mar 2006/ Chartered Semiconductor Manufacturing (Tampines) Pte.

Ltd./A16199/Mk29_GS Lot 2300W/(LG)3729/1552/CSK/YY



1



	 	 	 	 	 
	 
	 	/s/ George Thomas
	 	/s/ Simon Yang
	 
	 	 
	 	 
	 
	 	George Thomas
	 	Simon Yang






 









 





IA/394945S





	 	(c)	 	from 18 August 1999, the annual rent of Dollars Two Million
Two Hundred and Twelve Thousand Eight Hundred and Thirty-Seven and cents
Twenty only ($2,212,837.20cts) calculated at the rate of $23.67cts per square
mere per annum for the demised premises having an area of 93,487 square
metres, (although the final survey area is 93,489.20 square metres) which rent
was last revised on 1 August 2000 to the rate of $25.47cts per square metre
per annum. The annual rent so revised on 1 August 2000 shall be subject to
revision on 1 August 2001 and on 1 August of every year at the rate based on
the market rent on the respective dates determined in the manner following
but so that the increase shall not exceed 7.6% of the annual rent for each
immediately preceding year;
	 
	 	(d)	 	from 1 August 2001 the annual rent of Dollars Two Million
Three Hundred and Eighty-Three Thousand Nine Hundred and Eighteen and cents
Fifty only ($2,383,918.50cts) calculated at the rate of $25.55cts per square
metre per annum of the demised premises having an area of 93,487 square
metres, (although the final survey area is 93,489.20 square metres) which rate
shall be subject to revision on 1 August 2003 and on 1 August of every year
thereafter at the rate based on the market rent on the respective dates
determined in the manner following but so that the increase shall not exceed
5.5% of the annual rent for each immediately preceding year. The annual rent
was revised on 1 August 2007 to the rate of $16.20cts per square metre per
annum; and
	 
	 	(e)	 	the market rent referred to in sub-clauses (c) and (d) above
shall mean the rent per square metre per annum of the demised premises
excluding the buildings and other structures erected thereon and shall be
determined by the Lessor on or about the dates mentioned (and payable
retrospectively with effect from the dates mentioned if determined after the
dates mentioned) and the decision of the Lessor shall be final.






	 	(xi)	 	Not to demise assign charge create a trust or agency mortgage let sublet or
underlet or grant a licence or part with or share the possession or occupation of the
demised premises in whole or in part without first obtaining the consent of the Lessor
in writing. The restrictions contained in Section 17 of the Conveyancing and Law
of Property Act (Chapter 61) shall not apply. In addition, the Lessor may in its
absolute discretion in giving the consent require, inter alia, that the fixed
investment criteria be met and due proof thereof be shown within such period of time
as the Lessor may stipulate, and in the event of the non-observance thereof, the
Lessor shall, without prejudice to any other right or remedy the Lessor may have, be
entitled to exercise its rights under Clause 3(c) herein.






Lease (Annex A)/1.020/Mar 2006/ Chartered Semiconductor Manufacturing (Tampines) Pte.

Ltd./A16199/Mk29_GS Lot 2300W/(LG)3729/1552/CSK/YY



2



	 	 	 	 	 
	 
	 	/s/ George Thomas
	 	/s/ Simon Yang
	 
	 	 
	 	 
	 
	 	George Thomas
	 	Simon Yang





 









 





IA/394945S





	 	(xxxv)	 	Not to keep or permit to be used or stored in the demised premises or any part
thereof any materials of a dangerous or explosive nature without the prior consent in
writing of the Lessor and to keep the Lessor indemnified against all damages claims
and action caused by the use or storage of such materials whether or not the same is
done with the consent of the Lessor.
	 
	 	(xl)	 	Without prejudice to the generality of clauses 1(iii) and 1(vii) of the ML,
the rent and other taxable sums payable by the Lessee under or in connection with this
lease shall be exclusive of the goods and services tax (hereinafter called “tax”)
chargeable by any government, statutory or tax authority calculated by reference to
the amount of rent and any other taxable sums received or receivable by the Lessor
from the Lessee and which tax is payable by the Lessee. The Lessee shall pay the tax
and the Lessor acting as the collecting agent for the government, statutory or tax
authority shall collect the tax from the Lessee together with the rent hereinbefore
reserved without any deduction and in advance without demand on the 1st day
of each month of every year (i.e., first of January, February, March etc.), and in the
manner and within the period prescribed in accordance with the applicable laws and
regulations.





PART II




The following covenants and conditions are additional to those in the ML [Note:
Clause/sub-clause numbering sequence follows those already in the ML and the VML]:-




	1	(xli) 	Not to use or permit or suffer the demised premises or any part thereof to be used
otherwise than for wafer fabrication only except with the prior consent in writing of the
Lessor. In giving its consent, the Lessor may in its absolute discretion require, inter alia,
the Lessee to meet the fixed investment criteria and to show due proof thereof within such
period of time as the Lessor may stipulate, and in the event of the non-observance thereof,
the Lessor shall be entitled to exercise its rights under Clause 3(c) of the ML as amended by
the VML. For the avoidance of any doubt, the words “meet” in this clause and “met” in Clause
1(xi) herein shall include the maintenance of the fixed investment criteria and if it has not
been maintained, then that it be met.
	 
	 	(xlii)	Without prejudice to Clause 1(viii) of the ML, to ensure that the gross plot ratio
shall not be less than 0.76 and not more than 1.4.






Lease (Annex A)/1.020/Mar 2006/ Chartered Semiconductor Manufacturing (Tampines) Pte.

Ltd./A16199/Mk29_GS Lot 2300W/(LG)3729/1552/CSK/YY



3




	 	 	 	 	 
	 
	 	/s/ George Thomas
	 	/s/ Simon Yang
	 
	 	 
	 	 
	 
	 	George Thomas
	 	Simon Yang





 









 





IA/394945S





	 	(xliii)	 	The Lessee shall not at any time hold the Lessor liable for any claim, demand,
action, proceeding, inconvenience, loss, damages, costs or expenses of whatsoever kind
or description which the Lessee or any other person may suffer in connection with or
arising from the Easement referred to in the VML or any works carried out in relation
thereto.
	 
	 	(xliv)	 	At all times throughout the term of lease hereby created to keep in full operation
and continue operations at the whole of the demised premises in accordance with the
use permitted in Clause 1(xli) herein.
	 
	 	(xlv)	 	If the Registrar of Titles issues in favour of the Lessee a Certificate of
Title for the leasehold estate comprised in the lease hereby created, the Lessee must,
within one (1) month of receipt of the said Certificate of Title submit a copy of it
to the Lessor.
	 
	 	(xlvi)	 	If the term of lease hereby created shall at any time be determined by expiry or
otherwise, the Lessee must at his own cost and expense immediately surrender or cause
to be surrendered the said Certificate of Title for the leasehold estate (and any
duplicate instrument) to the Registrar of Titles for custody and cancellation by the
Registrar and the Lessee shall simultaneously give to the Lessor written notice of
such surrender.
	 
	 	(xlvii)	 	At all times and at his own cost, to comply with and observe any height restriction
on buildings and structures at the demised premises which may be imposed by any
governmental or statutory authority and to ensure that the height restriction plan(s)
which may be furnished to the Lessee shall at all times be held in strict confidence
and shall not be shown, revealed or copied to or by any contractor, sub-contractor,
watchman, employee, agent, representative or any other person except with the prior
consent in writing of the Lessor.
	 
	 	(xlviii)	 	Not to place, construct or erect or permit the placing, construction or erection
of any building, structure or equipment whatsoever on the 5.0-metre wide sewer
easement situated within the boundary of the demised premises as shown on the plan
annexed to the Building Agreement dated 6 December 1996 and shall comply with the
requirements of the relevant governmental and statutory authorities including the
Urban Redevelopment Authority and the Building and Construction Authority.
	 
	 	(xlix)	 	Subject to Clause 1 (viii) of the ML, to ensure that the maximum height of any
chain-link fence (including the anti-climb) or the boundary wall erected by the Lessee
at the demised premises shall not exceed two (2) metres PROVIDED THAT the chain-link
fence or the boundary wall shall be erected behind any hedge that may be planted at
the boundary of the demised premises.






Lease (Annex A)/1.020/Mar 2006/ Chartered Semiconductor Manufacturing (Tampines) Pte.

Ltd./A16199/Mk29_GS Lot 2300W/(LG)3729/1552/CSK/YY



4




	 	 	 	 	 
	 
	 	/s/ George Thomas
	 	/s/ Simon Yang
	 
	 	 
	 	 
	 
	 	George Thomas
	 	Simon Yang





 









 





IA/394945S





	 	(l)	 	Without prejudice to the generality of Clause 1(iv) of the ML and at the
Lessee’s own cost, to maintain and upkeep aesthetically designed high-quality
buildings with extensive landscaping to the satisfaction of the Lessor which building
facade fronting Tampines Avenue 10 shall be treated to a standard satisfactory to the
Lessor.
	 
	 	(li)	 	Not at any time to store or to permit storage of any
material, equipment or goods whatsoever at any open area of the demised
premises or any part thereof.
	 
	 	(lii)	 	Not to permit any chain-link fencing for the frontage facing
Tampines Avenue 10.
	 
	 	(liii)	 	Not to allow any vehicular access along the strip of the demised premises as
shown on the plan annexed to the Building Agreement dated 6 December 1996.
	 
	 	(liv)	 	To erect and maintain a 50-metres health and safety buffer
which shall not extend beyond the lot boundary as shown on the plan annexed to
the Building Agreement dated 6 December 1996 for the toxic gases used and
stored on the demised premises.
	 
	 	(lv)	 	To develop the demised premises for low density industrial
development limited to 100 persons per hectare.
	 
	 	(lvi)	 	To accept the demised premises in its existing state and
condition with full knowledge that the demised premises falls within a control
zone and at the Lessee’s own cost and in addition to clause 1(viii) in the ML,
to comply with all glazing control guidelines which may now or hereafter be
stipulated by the relevant governmental or statutory authorities for the
control zone.
	 
	 	(lvii)	 	To fully indemnify the Lessor at all times against any and all claims,
demands, proceedings, actions, losses, damages (including loss and damage to
life or property), expenses, costs, penalties and liabilities that may arise in
respect of Clause 1(lvi) hereinbefore mentioned.






	2A 	 	IN CONSIDERATION of a minimum investment by the Lessee of $750/- per square metre of the
gross building floor area on building and civil works and at least $400/- per square metre of
the demised premises on plant and machinery, (in this Lease also referred to as “the fixed
investment criteria”) and subject to a gross plot ratio of not less than 0.76 but not more
than 1.4, the Lessor further covenants with the Lessee that he shall grant to the Lessee a
Lease of the demised premises for a further term of thirty (30) years (hereinafter referred to
as “the further term”) from the expiry of the said term upon the same terms and
conditions and containing like covenants as are contained in this lease with the EXCEPTION of
the present covenant for renewal PROVIDED THAT:






Lease (Annex A)/1.020/Mar 2006/ Chartered Semiconductor Manufacturing (Tampines) Pte.

Ltd./A16199/Mk29_GS Lot 2300W/(LG)3729/1552/CSK/YY



5



	 	 	 	 	 
	 
	 	/s/ George Thomas
	 	/s/ Simon Yang
	 
	 	 
	 	 
	 
	 	George Thomas
	 	Simon Yang





 









 





IA/394945S





	 	(i)	 	at the expiry of the said term, there be no existing breach or non-observance of any
of the covenants and conditions herein contained on the part of he Lessee to be observed
or performed;
	 
	 	(ii)	 	the rental payable for the further term shall be as set out hereunder:






	 	(a)	 	the annual rent for the further term shall be at the rate based on
the market rent at the commencement of the further term (hereinafter referred to
as “the Second Initial Rent”);
	 
	 	(b)	 	the Second Initial Rent shall be revised on 1 August 2027 and on 1
August of every year thereafter at the rate based on the market rent on the
respective dates determined in the manner following but so that the increase shall
not exceed 5.5% of the annual rent for each immediately preceding year;
	 
	 	(c)	 	the annual rent for the further term shall be payable by monthly
instalments without any deductions and in advance without demand on the
1st day of each month in every year of the further term at the office
of the Lessor or at such other office of the Lessor may designate the first of
such payments to be made on or before the commencement of the further term; and
	 
	 	(d)	 	for the purposes of (a) and (b) above, the market rent shall mean the
rent per square metre per annum of the demised premises excluding the buildings
and other structures erected thereon and shall be determined by the Lessor on or
about the dates mentioned (and payable retrospectively with effect from the dates
mentioned if determined after the dates mentioned) and the decision of the Lessor
shall be final;






	 	(iii)	 	if required by the Lessor, the Lessee shall within four (4) months from the
commencement of the further term and at his own cost and expense, carry out and complete
such improvements to the landscaping at the demised premises as may be stipulated in
writing by the Lessor;
	 
	 	(iv)	 	the Lessee shall six (6) months before the expiry of the said term submit, for the approval of
the Lessor and the relevant governmental and statutory authorities, plans for the upgrading of the
exterior of buildings on the demised premises to the same highest quality of new buildings which
the Lessor will be building at that time, and the Lessee shall expeditiously do all acts and things
necessary to obtain the approval, all at the cost and expense of the Lessee; and






Lease (Annex A)/1.020/Mar 2006/ Chartered Semiconductor Manufacturing (Tampines) Pte.

Ltd./A16199/Mk29_GS Lot 2300W/(LG)3729/1552/CSK/YY



6



	 	 	 	 	 
	 
	 	/s/ George Thomas
	 	/s/ Simon Yang
	 
	 	 
	 	 
	 
	 	George Thomas
	 	Simon Yang





 









 





IA/394945S





	 	(v)	 	the Lessee shall at his own cost and expense complete, within eighteen (18) months
from the commencement of the further term, the upgrading of the exterior of the buildings
in accordance with the plans approved by the Lessor and the relevant governmental and
statutory authorities and to the satisfaction of the Lessor.






	3(d) 	 	A person who is not a party to this Lease shall have no right under the Contracts (Rights
of Third Parties) Act (as amended or revised from time to time) to enforce any of the
covenants, terms or conditions of this Lease. The word “person” shall include a body corporate.







Lease (Annex A)/1.020/Mar 2006/ Chartered Semiconductor Manufacturing (Tampines) Pte.

Ltd./A16199/Mk29_GS Lot 2300W/(LG)3729/1552/CSK/YY



7



	 	 	 	 	 
	 
	 	/s/ George Thomas
	 	/s/ Simon Yang
	 
	 	 
	 	 
	 
	 	George Thomas
	 	Simon Yang