Document:

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                                                                   EXHIBIT 10.11

                                 CELERITEK, INC.

                       2000 NONSTATUTORY STOCK OPTION PLAN

     1.    Purposes of the Plan. The purposes of this Nonstatutory Stock Option
Plan are:

          o    to attract and retain the best available personnel for positions
of substantial responsibility,

          o    to provide additional incentive to Employees and Consultants, and

          o    to promote the success of the Company's business.

          Options granted under the Plan will be Nonstatutory Stock Options.

     2.   Definitions. As used herein, the following definitions shall apply:

          (a)  "Administrator" means the Board or any of its Committees as shall
be administering the Plan, in accordance with Section 4 of the Plan.

          (b)  "Applicable Laws" means the requirements relating to the
administration of stock option plans under U.S. state corporate laws, U.S.
federal and state securities laws, the Code, any stock exchange or quotation
system on which the Common Stock is listed or quoted and the applicable laws of
any foreign country or jurisdiction where Options are, or will be, granted under
the Plan.

          (c)  "Board" means the Board of Directors of the Company.

          (d)  "Code" means the Internal Revenue Code of 1986, as amended.

          (e)  "Committee" means a committee of Directors appointed by the Board
in accordance with Section 4 of the Plan.

          (f)  "Common Stock" means the Common Stock of the Company.

          (g)  "Company" means Celeritek, Inc., a California corporation.

          (h)  "Consultant" means any person, including an advisor, engaged by
the Company or a Parent or Subsidiary to render services to such entity.

          (i)  "Director" means a member of the Board.

          (j)  "Disability" means total and permanent disability as defined in
Section 22(e)(3) of the Code.

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          (k)  "Employee" means any person, including Officers, employed by the
Company or any Parent or Subsidiary of the Company. A Service Provider shall not
cease to be an Employee in the case of (i) any leave of absence approved by the
Company or (ii) transfers between locations of the Company or between the
Company, its Parent, any Subsidiary, or any successor. Neither service as a
Director nor payment of a director's fee by the Company shall be sufficient to
constitute "employment" by the Company.

          (l)  "Exchange Act" means the Securities Exchange Act of 1934, as
               amended.

          (m)  "Fair Market Value" means, as of any date, the value of Common
Stock determined as follows:

               (i)  If the Common Stock is listed on any established stock
exchange or a national market system, including without limitation the Nasdaq
National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its
Fair Market Value shall be the closing sales price for such stock (or the
closing bid, if no sales were reported) as quoted on such exchange or system for
the last market trading day prior to the time of determination, as reported in
The Wall Street Journal or such other source as the Administrator deems
reliable;

               (ii) If the Common Stock is regularly quoted by a recognized
securities dealer but selling prices are not reported, the Fair Market Value of
a Share of Common Stock shall be the mean between the high bid and low asked
prices for the Common Stock on the last market trading day prior to the day of
determination, as reported in The Wall Street Journal or such other source as
the Administrator deems reliable;

               (iii) In the absence of an established market for the Common
Stock, the Fair Market Value shall be determined in good faith by the
Administrator.

          (n)  "Notice of Grant" means a written or electronic notice evidencing
certain terms and conditions of an individual Option grant. The Notice of Grant
is part of the Option Agreement.

          (o)  "Officer" means a person who is an officer of the Company within
the meaning of Section 16 of the Exchange Act and the rules and regulations
promulgated thereunder.

          (p)  "Option" means a nonstatutory stock option granted pursuant to
the Plan, that is not intended to qualify as an incentive stock option within
the meaning of Section 422 of the Code and the regulations promulgated
thereunder.

          (q)  "Option Agreement" means an agreement between the Company and an
Optionee evidencing the terms and conditions of an individual Option grant. The
Option Agreement is subject to the terms and conditions of the Plan.

          (r)  "Option Exchange Program" means a program whereby outstanding
options are surrendered in exchange for options with a lower exercise price.

          (s)  "Optioned Stock" means the Common Stock subject to an Option.

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          (t)  "Optionee" means the holder of an outstanding Option granted
under the Plan.

          (u)  "Parent" means a "parent corporation," whether now or hereafter
existing, as defined in Section 424(e) of the Code.

          (v)  "Plan" means this 2000 Nonstatutory Stock Option Plan.

          (w)  "Service Provider" means an Employee including an Officer,
Consultant or Director.

          (x)  "Share" means a share of the Common Stock, as adjusted in
accordance with Section 12 of the Plan.

          (y)  "Subsidiary" means a "subsidiary corporation," whether now or
hereafter existing, as defined in Section 424(f) of the Code.

     3.   Stock Subject to the Plan. Subject to the provisions of Section 12 of
the Plan, the maximum aggregate number of Shares which may be optioned and sold
under the Plan is Two Hundred Thousand (200,000) Shares. The Shares may be
authorized, but unissued, or reacquired Common Stock.

          If   an Option expires or becomes unexercisable without having been
exercised in full, or is surrendered pursuant to an Option Exchange Program, the
unpurchased Shares which were subject thereto shall become available for future
grant or sale under the Plan (unless the Plan has terminated).

     4.   Administration of the Plan.

          (a)  Administration. The Plan shall be administered by (i) the Board
or (ii) a Committee, which committee shall be constituted to satisfy Applicable
Laws.

          (b)  Powers of the Administrator. Subject to the provisions of the
Plan, and in the case of a Committee, subject to the specific duties delegated
by the Board to such Committee, the Administrator shall have the authority, in
its discretion:

               (i)  to determine the Fair Market Value of the Common Stock;

               (ii) to select the Service Providers to whom Options may be
granted hereunder;

               (iii) to determine whether and to what extent Options are granted
hereunder;

               (iv) to determine the number of shares of Common Stock to be
covered by each Option granted hereunder;

               (v)  to approve forms of agreement for use under the Plan;

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               (vi) to determine the terms and conditions, not inconsistent with
the terms of the Plan, of any award granted hereunder. Such terms and conditions
include, but are not limited to, the exercise price, the time or times when
Options may be exercised (which may be based on performance criteria), any
vesting acceleration or waiver of forfeiture restrictions, and any restriction
or limitation regarding any Option or the shares of Common Stock relating
thereto, based in each case on such factors as the Administrator, in its sole
discretion, shall determine;

               (vii) to reduce the exercise price of any Option to the then
current Fair Market Value if the Fair Market Value of the Common Stock covered
by such Option shall have declined since the date the Option was granted;

               (viii) to institute an Option Exchange Program;

               (ix) to construe and interpret the terms of the Plan and awards
granted pursuant to the Plan;

               (x)  to prescribe, amend and rescind rules and regulations
relating to the Plan, including rules and regulations relating to sub-plans
established for the purpose of qualifying for preferred tax treatment under
foreign tax laws;

               (xi) to modify or amend each Option (subject to Section 14(b) of
the Plan), including the discretionary authority to extend the post-termination
exercisability period of Options longer than is otherwise provided for in the
Plan;

               (xii) to authorize any person to execute on behalf of the Company
any instrument required to effect the grant of an Option previously granted by
the Administrator;

               (xiii) to determine the terms and restrictions applicable to
Options;

               (xiv) to allow Optionees to satisfy withholding tax obligations
by electing to have the Company withhold from the Shares to be issued upon
exercise of an Option that number of Shares having a Fair Market Value equal to
the amount required to be withheld. The Fair Market Value of the Shares to be
withheld shall be determined on the date that the amount of tax to be withheld
is to be determined. All elections by an Optionee to have Shares withheld for
this purpose shall be made in such form and under such conditions as the
Administrator may deem necessary or advisable; and

               (xv) to make all other determinations deemed necessary or
advisable for administering the Plan.

          (c)  Effect of Administrator's Decision. The Administrator's
decisions, determinations and interpretations shall be final and binding on all
Optionees and any other holders of Options.

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     5.   Eligibility. Options may be granted to Service Providers; provided,
however, that notwithstanding anything to the contrary contained in the Plan,
Options may not be granted to Officers and Directors.

     6.   Limitation. Neither the Plan nor any Option shall confer upon an
Optionee any right with respect to continuing the Optionee's relationship as a
Service Provider with the Company, nor shall they interfere in any way with the
Optionee's right or the Company's right to terminate such relationship at any
time, with or without cause.

     7.   Term of Plan. The Plan shall become effective upon its adoption by the
Board. It shall continue in effect for ten (10) years, unless sooner terminated
under Section 14 of the Plan.

     8.   Term of Option. The term of each Option shall be stated in the Option
Agreement.

     9.   Option Exercise Price and Consideration.

          (a)  Exercise Price. The per share exercise price for the Shares to be
issued pursuant to exercise of an Option shall be determined by the
Administrator.

          (b)  Waiting Period and Exercise Dates. At the time an Option is
granted, the Administrator shall fix the period within which the Option may be
exercised and shall determine any conditions which must be satisfied before the
Option may be exercised.

          (c)  Form of Consideration. The Administrator shall determine the
acceptable form of consideration for exercising an Option, including the method
of payment. Such consideration may consist entirely of:

               (i)  cash;

               (ii) check;

               (iii) promissory note;

               (iv) other Shares, provided Shares acquired from the Company, (A)
have been owned by the Optionee for more than six (6) months on the date of
surrender, and (B) have a Fair Market Value on the date of surrender equal to
the aggregate exercise price of the Shares as to which said Option shall be
exercised;

               (v)  consideration received by the Company under a cashless
exercise program implemented by the Company in connection with the Plan;

               (vi) a reduction in the amount of any Company liability to the
Optionee, including any liability attributable to the Optionee's participation
in any Company-sponsored deferred compensation program or arrangement;

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               (vii) such other consideration and method of payment for the
issuance of Shares to the extent permitted by Applicable Laws; or

               (viii) any combination of the foregoing methods of payment.

     10.  Exercise of Option.

          (a)  Procedure for Exercise; Rights as a Shareholder. Any Option
granted hereunder shall be exercisable according to the terms of the Plan and at
such times and under such conditions as determined by the Administrator and set
forth in the Option Agreement. An Option may not be exercised for a fraction of
a Share.

               An Option shall be deemed exercised when the Company receives:
(i) written or electronic notice of exercise (in accordance with the Option
Agreement) from the person entitled to exercise the Option, and (ii) full
payment for the Shares with respect to which the Option is exercised. Full
payment may consist of any consideration and method of payment authorized by the
Administrator and permitted by the Option Agreement and the Plan. Shares issued
upon exercise of an Option shall be issued in the name of the Optionee or, if
requested by the Optionee, in the name of the Optionee and his or her spouse.
Until the Shares are issued (as evidenced by the appropriate entry on the books
of the Company or of a duly authorized transfer agent of the Company), no right
to vote or receive dividends or any other rights as a shareholder shall exist
with respect to the Optioned Stock, notwithstanding the exercise of the Option.
The Company shall issue (or cause to be issued) such Shares promptly after the
Option is exercised. No adjustment will be made for a dividend or other right
for which the record date is prior to the date the Shares are issued, except as
provided in Section 12 of the Plan.

               Exercising an Option in any manner shall decrease the number of
Shares thereafter available, both for purposes of the Plan and for sale under
the Option, by the number of Shares as to which the Option is exercised.

          (b)  Termination of Relationship as a Service Provider. If an Optionee
ceases to be a Service Provider, other than upon the Optionee's death or
Disability, the Optionee may exercise his or her Option, but only within such
period of time as is specified in the Option Agreement, and only to the extent
that the Option is vested on the date of termination (but in no event later than
the expiration of the term of such Option as set forth in the Option Agreement).
In the absence of a specified time in the Option Agreement, the Option shall
remain exercisable for three (3) months following the Optionee's termination.
If, on the date of termination, the Optionee is not vested as to his or her
entire Option, the Shares covered by the unvested portion of the Option shall
revert to the Plan. If, after termination, the Optionee does not exercise his or
her Option within the time specified by the Administrator, the Option shall
terminate, and the Shares covered by such Option shall revert to the Plan.

          (c)  Disability of Optionee. If an Optionee ceases to be a Service
Provider as a result of the Optionee's Disability, the Optionee may exercise his
or her Option within such period of time as is specified in the Option
Agreement, to the extent the Option is vested on the date of

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termination (but in no event later than the expiration of the term of such
Option as set forth in the Option Agreement). In the absence of a specified time
in the Option Agreement, the Option shall remain exercisable for twelve (12)
months following the Optionee's termination. If, on the date of termination, the
Optionee is not vested as to his or her entire Option, the Shares covered by the
unvested portion of the Option shall revert to the Plan. If, after termination,
the Optionee does not exercise his or her Option within the time specified
herein, the Option shall terminate, and the Shares covered by such Option shall
revert to the Plan.

          (d)  Death of Optionee. If an Optionee dies while a Service Provider,
the Option may be exercised within such period of time as is specified in the
Option Agreement (but in no event later than the expiration of the term of such
Option as set forth in the Notice of Grant), by the Optionee's estate or by a
person who acquires the right to exercise the Option by bequest or inheritance,
but only to the extent that the Option is vested on the date of death. In the
absence of a specified time in the Option Agreement, the Option shall remain
exercisable for twelve (12) months following the Optionee's termination. If, at
the time of death, the Optionee is not vested as to his or her entire Option,
the Shares covered by the unvested portion of the Option shall immediately
revert to the Plan. The Option may be exercised by the executor or administrator
of the Optionee's estate or, if none, by the person(s) entitled to exercise the
Option under the Optionee's will or the laws of descent or distribution. If the
Option is not so exercised within the time specified herein, the Option shall
terminate, and the Shares covered by such Option shall revert to the Plan.

          (e)  Buyout Provisions. The Administrator may at any time offer to buy
out for a payment in cash or Shares, an Option previously granted based on such
terms and conditions as the Administrator shall establish and communicate to the
Optionee at the time that such offer is made.

     11.  Non-Transferability of Options. Unless determined otherwise by the
Administrator, an Option may not be sold, pledged, assigned, hypothecated,
transferred, or disposed of in any manner other than by will or by the laws of
descent or distribution and may be exercised, during the lifetime of the
Optionee, only by the Optionee. If the Administrator makes an Option
transferable, such Option shall contain such additional terms and conditions as
the Administrator deems appropriate.

     12.  Adjustments Upon Changes in Capitalization, Dissolution, Merger or
Asset Sale.

          (a)  Changes in Capitalization. Subject to any required action by the
shareholders of the Company, the number of shares of Common Stock covered by
each outstanding Option, and the number of shares of Common Stock which have
been authorized for issuance under the Plan but as to which no Options have yet
been granted or which have been returned to the Plan upon cancellation or
expiration of an Option, as well as the price per share of Common Stock covered
by each such outstanding Option, shall be proportionately adjusted for any
increase or decrease in the number of issued shares of Common Stock resulting
from a stock split, reverse stock split, stock dividend, combination or
reclassification of the Common Stock, or any other increase or decrease in the
number of issued shares of Common Stock effected without receipt of
consideration by the Company; provided, however, that conversion of any
convertible securities of the Company shall not be deemed to have been "effected
without receipt of consideration." Such adjustment shall be made by the Board,
whose determination in that respect shall be final, binding and conclusive.
Except as

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expressly provided herein, no issuance by the Company of shares of stock of any
class, or securities convertible into shares of stock of any class, shall
affect, and no adjustment by reason thereof shall be made with respect to, the
number or price of shares of Common Stock subject to an Option.

          (b)  Dissolution or Liquidation. In the event of the proposed
dissolution or liquidation of the Company, the Administrator shall notify each
Optionee as soon as practicable prior to the effective date of such proposed
transaction. The Administrator in its discretion may provide for an Optionee to
have the right to exercise his or her Option until ten (10) days prior to such
transaction as to all of the Optioned Stock covered thereby, including Shares as
to which the Option would not otherwise be exercisable. In addition, the
Administrator may provide that any Company repurchase option applicable to any
Shares purchased upon exercise of an Option shall lapse as to all such Shares,
provided the proposed dissolution or liquidation takes place at the time and in
the manner contemplated. To the extent it has not been previously exercised, an
Option will terminate immediately prior to the consummation of such proposed
action.

          (c)  Merger or Asset Sale. In the event of a merger of the Company
with or into another corporation, or the sale of substantially all of the assets
of the Company, each outstanding Option shall be assumed or an equivalent option
or right substituted by the successor corporation or a Parent or Subsidiary of
the successor corporation. In the event that the successor corporation refuses
to assume or substitute for the Option, the Optionee shall fully vest in and
have the right to exercise the Option as to all of the Optioned Stock, including
Shares as to which it would not otherwise be vested or exercisable. If an Option
becomes fully vested and exercisable in lieu of assumption or substitution in
the event of a merger or sale of assets, the Administrator shall notify the
Optionee in writing or electronically that the Option shall be fully vested and
exercisable for a period of fifteen (15) days from the date of such notice, and
the Option shall terminate upon the expiration of such period. For the purposes
of this paragraph, the Option shall be considered assumed if, following the
merger or sale of assets, the option or right confers the right to purchase or
receive, for each Share of Optioned Stock, immediately prior to the merger or
sale of assets, the consideration (whether stock, cash, or other securities or
property) received in the merger or sale of assets by holders of Common Stock
for each Share held on the effective date of the transaction (and if holders
were offered a choice of consideration, the type of consideration chosen by the
holders of a majority of the outstanding Shares); provided, however, that if
such consideration received in the merger or sale of assets is not solely common
stock of the successor corporation or its Parent, the Administrator may, with
the consent of the successor corporation, provide for the consideration to be
received upon the exercise of the Option, for each Share of Optioned Stock to be
solely common stock of the successor corporation or its Parent equal in fair
market value to the per share consideration received by holders of Common Stock
in the merger or sale of assets.

     13.  Date of Grant. The date of grant of an Option shall be, for all
purposes, the date on which the Administrator makes the determination granting
such Option, or such other later date as is determined by the Administrator.
Notice of the determination shall be provided to each Optionee within a
reasonable time after the date of such grant.

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     14.  Amendment and Termination of the Plan.

          (a)  Amendment and Termination. The Board may at any time amend,
alter, suspend or terminate the Plan.

          (b)  Effect of Amendment or Termination. No amendment, alteration,
suspension or termination of the Plan shall impair the rights of any Optionee,
unless mutually agreed otherwise between the Optionee and the Administrator,
which agreement must be in writing and signed by the Optionee and the Company.
Termination of the Plan shall not affect the Administrator's ability to exercise
the powers granted to it hereunder with respect to options granted under the
Plan prior to the date of such termination.

     15.  Conditions Upon Issuance of Shares.

          (a)  Legal Compliance. Shares shall not be issued pursuant to the
exercise of an Option unless the exercise of such Option and the issuance and
delivery of such Shares shall comply with Applicable Laws and shall be further
subject to the approval of counsel for the Company with respect to such
compliance.

          (b)  Investment Representations. As a condition to the exercise of an
Option the Company may require the person exercising such Option to represent
and warrant at the time of any such exercise that the Shares are being purchased
only for investment and without any present intention to sell or distribute such
Shares if, in the opinion of counsel for the Company, such a representation is
required.

     16.  Inability to Obtain Authority. The inability of the Company to obtain
authority from any regulatory body having jurisdiction, which authority is
deemed by the Company's counsel to be necessary to the lawful issuance and sale
of any Shares hereunder, shall relieve the Company of any liability in respect
of the failure to issue or sell such Shares as to which such requisite authority
shall not have been obtained.

     17.  Reservation of Shares. The Company, during the term of this Plan, will
at all times reserve and keep available such number of Shares as shall be
sufficient to satisfy the requirements of the Plan.

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                          SHARE SUBSCRIPTION AGREEMENT

This Share Subscription Agreement (the "AGREEMENT") is made and entered into
this 5 day of Dec., 2000 by and between:

(1)     Celeritek Inc., a company organized and existing under the laws of
        California, U.S.A., having its registered office at 3236 Scott Blvd.,
        Santa Clara, CA 95054, U.S.A. (hereinafter referred to as "CELERITEK");

(2)     Suntek Compound Semiconductor Co. Ltd., a company organized and existing
        under the laws of the Republic of China ("ROC"), having its registered
        address at No. 8, Kuang-Fu Road, Hsin-Chu Industrial Park, Hsin-Chu
        Shien, Taiwan, 303 R.O.C. (hereinafter referred to as the "COMPANY");

(3)     Procomp Informatics Ltd., a company organized and existing under the
        laws of the ROC, having its registered office at 5F, 69-10, Section 2,
        Chung-Chen E. Rd., Tamshui, Taipei Hsien, Taiwan, ROC (hereinafter
        referred to as "Procomp"); and

(4)     Acer Communications & Multimedia Inc., a company organized and existing
        under the laws of the ROC, having its registered office at 157,
        Shan-Ying Rd., Kweishan, Taoyuan 333, Taiwan, ROC (hereinafter referred
        to as "ACM").

(The term "PARTIES" shall refer to Celeritek, the Company, Procomp and ACM and
the term "PARTY" shall refer to any one of them. Procomp and ACM shall sometimes
refer to the Principal Shareholders for the purpose of this Agreement.)

                               W I T N E S S E T H

WHEREAS, the Company currently has an authorized capital of NT$2,800,000,000
divided into 280,000,000 shares of common stock at a par value of NT$10 each, of
which 70,000,000 shares are fully issued and outstanding;

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WHEREAS, the Company has resolved to increase its paid-in capital to
NT$2,150,000,000 by issuing 145,000,000 shares of common stock at the par value
of NT$10 per share (hereinafter referred to as "CONTEMPLATED CAPITAL INCREASE").

WHEREAS, Celeritek desires to invest in the Company by subscribing to 7,500,000
shares of common stock to be issued by the Company under the Contemplated
Capital Increase;

WHEREAS, after the Contemplated Capital Increase, Procomp will own 100,000,000
shares, constituting approximately 46.5% of the issued and outstanding shares of
the Company and ACM, through its subsidiary Darly Venture, will indirectly own
57,816,000 shares, constituting approximately 26.8% of the issued and
outstanding shares of the Company;

NOW, THEREFORE, in consideration of the premises and the representations,
warranties and agreements herein contained, the Parties hereto agree as follows:

                                    ARTICLE 1

                             SUBSCRIPTION TO SHARES

1.01 ISSUANCE OF SHARES. Subject to and in accordance with the terms and
conditions set forth herein, Celeritek agrees to subscribe to 7,500,000 shares
(hereinafter referred to as the "SHARES") of common stock of the Company to be
newly issued under the Contemplated Capital Increase at a subscription price of
NT$10 per share and NT$75,000,000 in aggregate (hereinafter referred to as the
"SUBSCRIPTION PRICE"), and the Company agrees to, and the Principal Shareholders
agree to cause the Company to, reserve the Shares for subscription by Celeritek.
The Shares shall represent 3.48% of the total issued and outstanding shares of
the Company after the Contemplated Capital Increase.

1.02 CORPORATE ACTIONS. The Company shall take any and all corporate actions to
issue the Shares for subscription by Celeritek and the Principal Shareholders
agree to waive their respective preemptive rights to subscribe to the Shares, if
applicable.

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                                    ARTICLE 2

                          PAYMENT OF SUBSCRIPTION PRICE

2.01 TIME. Celeritek shall make, through wire transfer, the payment of the
Subscription Price for the Shares to the bank account as designated by the
Company on or before the date to be further notified by the Company, provided
that at least a one business day prior written notice shall be given to
Celeritek. Immediately after receipt of the Subscription Price, the Company
shall deliver to Celeritek a certificate acknowledging receipt of payment of the
Subscription Price.

2.02 DELIVERIES OF SHARE CERTIFICATES. The Company shall deliver the share
certificates representing the Shares to Celeritek within seven (7) days after
the Company amendment registration reflecting Contemplated Capital Increase has
been approved by the Ministry of Economic Affairs.

                                    ARTICLE 3

                         REPRESENTATIONS AND WARRANTIES

The Company hereby represents and warrants to Celeritek as follows:

3.01 ORGANIZATION. The Company is a corporation duly organized and validly
existing under the laws of the ROC and has obtained all the government
approvals, certificates and permits necessary for the rights, benefits and
incentives that it is entitled to under the laws and regulations of the ROC.

3.02 AUTHORITY RELATIVE TO THIS AGREEMENT. The Company and the Principal
Shareholders have the authority to enter into this Agreement and to carry out
its obligations hereunder.

3.03 CAPITALIZATION. The Company has an authorized and issued share capital of
NT$2,800,000,000 divided into 280,000,000 shares of common stock at a par value
of NT$10 each, of which 215,000,000 shares will be validly issued and
outstanding and fully paid after the Contemplated Capital Increase.

3.04 COMPLIANCE WITH LAW. The Company is in compliance with its organizational
and corporate documents and with all laws, ordinances, regulations and orders
applicable to its business. The Company is not aware of any non-compliance of
such laws, ordinances, regulations and orders of a material nature that have not
been corrected.

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3.05 MATERIAL CONTRACTS. All of the material contracts, agreements and
instruments to which the Company is a party are valid, binding and in full force
and effect in all material respects, including but not limited to the Company's
contracts with Mitsubishi Electric Corporation and Procomp Informatics Ltd.

3.06 INTELLECTUAL PROPERTY. The Company owns or possesses sufficient legal
rights to all patents, trademarks, service marks, tradenames, copyrights, trade
secrets, licenses, information and proprietary rights and processes necessary
for its business as presently conducted, to the Company's knowledge with respect
to any such rights in recipes, without any conflict with, or infringement of,
the rights of others. The Company has not received any communications alleging
that the Company has violated or, by conducting its business, would violate any
of the patents, trademarks, service marks, tradenames, copyrights, trade secrets
or other proprietary rights or processes of any other person or entity.

3.07 BOARD MEMBERSHIP. Within thirty (30) days after the payment of the
Subscription Price by Celeritek, the Principal Shareholders shall cause the
Chairman of the Company to call a board meeting and adopt a board resolution in
writing approving to invite the Celeritek appointee to attend the board meeting
for a period of three years after the date of such a board meeting. Written
notice of the date, time, and place of any meeting of the board of the Company
and the specific purpose or purposes for which the meeting is convened, shall be
delivered to Celeritek or its designated person no less than seven days before
the date of the meeting. Notices sent to Directors shall be written in both
Chinese and English. In the event that the board meeting is convened at any time
without such prescribed notice in case of an emergency, a notice and the minutes
of such a board meeting shall be provided to Celeritek within five (5) days
after such a board meeting.

3.08 FINANCIAL STATEMENTS. Celeritek shall have the right to receive the
quarterly, semi-annual and annual financial statements of the Company as well as
the audited annual financial statements during the period when Celeritek remains
as a shareholder of the Company.

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                                    ARTICLE 4

                           SHARE TRANSFER RESTRICTION

Except as otherwise agreed by and between the Parties hereto, the Parties agree
not to sell, assign, pledge or in any other manner transfer title to or
otherwise encumber any of the shares of the Company held by them before the
shares of the Company are listed or traded on any internationally recognized
stock exchange, including, without limitation, listed on the Taiwan Stock
Exchange or traded on Taiwan OTC market.

                                    ARTICLE 5

                    EXECUTION OF CAPACITY PURCHASE AGREEMENT

The Company shall, and the Principal Shareholders shall cause the Company to,
enter into a Capacity Purchase Agreement with Celeritek within six (6) calendar
weeks after execution of this Agreement, under which the Company shall agree to
sell to Celeritek and Celeritek shall agree to purchase from the Company up to
18% of the production capacity of the GaAs wafers manufactured by the Company on
terms and conditions mutually acceptable to the Company and Celeritek.

                                    ARTICLE 5

                     INITIAL PUBLIC OFFERING OF THE COMPANY

Each of the Principal Shareholders shall endeavor to cause the shares of the
Company listed or traded on any internationally recognized stock exchange,
including, without limitation, listed on the Taiwan Stock Exchange or traded on
Taiwan OTC market by November 30, 2004.

                                    ARTICLE 6

                               GENERAL PROVISIONS

6.01 GOVERNING LAW AND JURISDICTION. This Agreement shall be construed and
enforced in accordance with the laws of the ROC. Any disputes arising out of or
relating to this Agreement shall be submitted for arbitration in Taipei in
accordance with the ROC Arbitration Law.

                                       5
<PAGE>   6

6.02 AMENDMENT. This Agreement may be amended by the Parties in writing.

6.03 NOTICES. All notices and other communications hereunder shall be in writing
and shall be deemed given when received personally or by mail, telex or
transmission directed to the Parties at the following addresses (or at such
other address of a Party as shall be specified by like notice):

(1)      if to Celeritek:

         Attention: Ms. Margaret Smith
         Address:   3236 Scott Blvd., Santa Clara, CA  95054, U.S.A.
         Fax:       (408) 986-5080

(2)      if to the Company:

         Attention: Sophie Yeh
         Address:   No. 8, Kuang-Fu Road, Hsin-Chu Industrial Park Hsin-Chu
                    Shien, Taiwan, 303 R.O.C.
         Fax:       (03) 597-6509

(3)      if to Procomp:

         Attention: Sophie Yeh
         Address:   5F, 69-10, Section 2, Chung-Chen E. RD., Tamshui, Taipei
                    Hsien, Taiwan R.O.C.
         Fax:       (02) 8809-4163

(4)      if to ACM:

         Attention:
         Address:
         Fax:

6.04 ENTIRE AGREEMENT. This Agreement constitutes the entire agreement and
supersedes all prior agreements and understandings, both written and oral, made
by the Parties hereto with respect to the subject matter hereof.

                                       6
<PAGE>   7

IN WITNESS WHEREOF, the Parties have duly executed this Agreement as of the date
first written above.

Celeritek Inc.

By
   -----------------------------------
   Name:  Margaret Smith
   Title: CFO

Suntek Compound Semiconductor Co. Ltd.

By
   -----------------------------------
   Name:  Yeh Suh Fei
   Title: Chairperson

Procomp Informatics Ltd.

By
   -----------------------------------
   Name:  Yeh Suh Fei
   Title: Chairperson

Acer Communications and Multimedia Inc.

By
   -----------------------------------
   Name:
   Title:

                                       7

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