Document:

Exhibit 10.7

 

WDB

 

High Tech Campus Eindhoven

 

[GRAPHIC]

 

“Workplace Agreement”

 

Version 0.3

March 9, 2005

 

High Tech Campus Eindhoven

 

 

 

 

Introduction

 

The High Tech Campus
Eindhoven guarantees an optimal workplace with a wide range of different types
of underlying services offered by or on behalf of the Site Management. The Site
Management is responsible for the integrated supply of space and services and
the quality of its services in the form of fully outfitted, immediately usable
workplaces.

 

The Workplace Agreement for
the High Tech Campus Eindhoven is under development and constantly subject to
amendment. This document has been written for the purpose of providing
information for (potential) lessees regarding the makeup and structure of the
Workplace Agreement. The document can also be used as a discussion tool in
order to better match supply and demand, thereby further optimizing the
Workplace Agreement.

 

The workplace concept was
introduced to meet the business needs for flexible space, and to match this
with the attractive environment of the High Tech Campus Eindhoven. This is
achieved through:

 

•                            A combined lease and services agreement
(workplace agreement).

•                            Workplaces equipped with a large amount of
services.

•                            A professional one-stop provider.

•                            Short duration of contract obligations that
enable businesses to adapt the work environment to the current needs.

•                            Integrated workplace services take care of
matters for the businesses that can now focus entirely on their core business.

•                            This standardized setup reduces service
costs.

•                            Efficient and uniform workplace environment
and use of space.

•                            Relocations are organized completely by
facility management.

 

The services described in
this document are offered through CSM, have been agreed with the Board and are
set annually by the Board. For this purpose, the Board consists of
representatives of all “major” inhabitants of HTC. The service offerings and
the pricing is set in a uniform and transparent manner throughout HTC and is
compared to the other comparable services in other locations (inside and
outside of Philips).

 

A high level of customer
satisfaction is essential to the success of workplace management and is
assessed through periodic customer satisfaction surveys among the users.

To that end, CSM has planned
periodic contact and consultation with users and suppliers to discuss the
results of these surveys and then resolve any generic issues.

 

The document is divided into
two parts.

In the first part the
workplace management that will be applied on the Philips Business Park
Eindhoven is described in general terms.

The last part contains the
customer-specific section of the Workplace Agreement and further develops the services covered earlier.

 

2

 

Contents

 

Introduction Contents

Contents

 

Workplace
management

1.         Introduction

2.        What is workplace management?

3.         What does workplace management do?

4.         What is the advantage of workplace management?

 

Workplace
Agreement (customer-specific)

1.         Lease agreement for flexible office space with services

2.         Contract annexes

 

 

3

 

Workplace
management

 

1.         Introduction

 

The traditional view of
office accommodation is no longer adequate in our present work environment.
Social, economic and technological changes have greatly changed the work
processes of organization units and individual employees and the changes are
taking place at an increasingly rapid pace. The workplace must be capable of
adapting quickly in line with the organization as regards size, requirements
and preferences. Work flexibilization has resulted in more and more people
working on the basis of new work patterns, in different work environments and
in rapidly changing organizational units. The five-day work week in a permanent
employment situation is no longer the only standard, so employees are not
always in the office from nine to five. Deregulation and internationalization
result in increasing competition and are forcing organizations to be
cost-efficient, including where the costs of the workplace are concerned.
Cost-efficiency also means that the “ample” size of European office buildings
is being put under pressure. Higher quality requirements from the marketplace
also make greater coordination necessary between functional work processes.

 

This means more
project-based work, more teamwork and more consultation inside and outside the
organization. The relationship between individual work “at the desk” and
collaboration with others has drastically changed. These radical changes in
work processes mean that office spaces, as the “workplace of the administrative
organization,” must meet entirely new requirements.

 

2.         What is workplace management?

 

The “internal lessee” rents
a variety of the number of required workplaces instead of buildings or building
sections and is obliged to buy a number of “standard services” linked to them
and provided by the site/facility manager. The contents of the package of
services and products are set out in clear policy lines and are made known via
site-specific “mandatories.” These standard products and services are primarily
building-related and are directly connected to the valuation/value retention of
the building, maintenance, economies of scale advantages or management aspects
for the location in question.

 

2.         What does workplace management do?

 

Workplace management ensures
that all secondary matters are taken out of the hands of the business units
concerned so that they can focus fully on their primary business processes.

 

The dedicated support
organization (the Site Management) focuses on standardization, on optimum, on
flexibility and on unambiguousness in the conduct of business. Services are
offered to every user. In this way the core businesses have the minimum of
concerns.

 

In addition, space is used
intelligently, so that when a business unit is eventually ready to take a
subsequent step there are sufficient possibilities for expansion or contraction
and so the unit can stay where it is.

 

4

 

4          What is the advantage of workplace management?

 

Philips is striving
worldwide for more synergy, efficiency and returns in the various functions so
as to put itself in a better competitive position, supported by numerous
elements, including the Philips TOP program.

 

In line with this
programming, a more creative and more efficient approach than has (often) been
the case in the past is also applicable to accommodation and related services.

 

A summary of the most
important advantages:

•                             Creating a stimulating work environment with
potential for synergy and co-operation by creating a transparent

and flexible work environment which:

•          Promotes
communication and interaction,

•          Optimally
houses multidisciplinary project teams,

•          Offers
a high-quality IT structure,

•          Integrates
work and private life.

 

•                             Creating conditions for long-term
accommodation for the organization.

•                             Creating efficient accommodation that can
pass the test of meeting market conformity.

•                             More efficient occupation of the buildings by
managing the space utilization “across” the boundaries of the

individual organizational units, as a result of which vacancies are monitored
centrally and managed, thus

minimizing overall vacancies.

•                             Flexibility: since vacancies are managed
centrally, rental and associated service contracts can be concluded for shorter
periods.

As a result, organizational
units can and will return spaces more quickly.

•                             Only a centrally set-up group of people will
be involved with the site-specific facilities. This prevents fragmented
knowledge and creates an efficient organization, which will give rise to
synergy in costs/quality.

•                             Professionalism and economies of scale
advantages are achieved because several people are “dedicated” to the facility
management aspects. Subcontracted third parties (80-90% of FM turnover) are
also managed in a more cost-conscious manner, which will provide returns in cost
management, cost savings and organizational efficiency.

 

Workplace management is
aimed at maintaining high quality in the work environment, grounds and
buildings by organizing their operation, management &  maintenance collectively. It also offers
the business units and their employees products and services that can be
provided efficiently when purchased, organized and implemented collectively,
but only with difficulty and at higher cost when these activities are performed
individually.

 

The value added to the
individual business units can be summarized as follows:

 

•                             The focus remains on the core activities,
since it is better and easier to leave secondary matters to others/third
parties.

•                             Cost, quality and organizational advantages
through collective procurement, organization and operation of the necessary and
desired services.

•                             Greater flexibility to expand and contract
thanks to the possibilities offered by the location.

 

5

 

Workplace
Agreement (customer-specific)

 

This section stipulates the
specific agreements for lessees (customers).

First the contents of the “lease
agreement for flexible office space with services” (Workplace Agreement) are
given.

An overview giving the
description of the “standard” services that are actually purchased and a cost
structure for each workplace then follows, thus creating a transparent whole.

 

Because of their nature,
some services are mandatory. Here, a distinction is made between mandatory
purchase and forced store trade. Beside the forced store trade which applies to
the collective services, there is free store trade for the optional services.
In order to prevent any ambiguity, the type of the various services is briefly
explained below.

 

These service types are:

•          Standard
services

•          Collective
services

•          Optional
services

 

Standard services:

The standard services are
the base for the organization of workplace services. This is a mandatory
package of standard services to which everyone contributes. These pertain
mainly to the property and maintenance of the grounds and buildings.

 

Collective services:

This is a collective offer
which one can use as a lessee, but it is not mandatory. There is however
forced store trade. This means that it is not allowed to obtain similar
products and services from any other source than the Campus supplier. The
reason for this is that, on one hand, this makes it possible to offer the
collective services, in consultation with the lessees, at a low price (through
volume discount). Another reason for this is that the Campus is seen as a whole,
and it eliminates the proliferation of service providers. This would eliminate
the essence of the Campus Model.

 

The collective services are
paid for based on consumption. One of the main reasons to centrally organize
the services is to guarantee the quality of the services. After all, the offer
then is the responsibility of the Campus Site Management. This collective offer
is set by the Board.

 

Optional services:

With regard to optional
services, the lessee indicates which business specific services that do not
appear in the SLA, he would like to receive from the facilities. These services
are developed and offered, and tailored to individual needs. Individual
business units can thus subcontract their need for secondary matters, while the
employees can enjoy an increasing number of personal services. This is free
store trade.

 

6

 

Lease agreement for flexible office space with

Services

 

(Workplace Agreement)

 

Philips Softworks

 

Contents

 

7

 

Lease agreement for flexible
office space with services

 

Annexes

 

I.         Specific agreements per workplace

II.        Annual budget breakdown

 

8

 

The undersigned:

 

Philips Electronics
Nederland B.V., “Site Management High Tech Campus Eindhoven” department,
domiciled at Eindhoven at Professor Holstlaan 100, building HTC, hereby legally
represented by drs. Jérôme Verhagen, hereinafter referred to as: “Site
Management.”

 

and

 

Philips Software, domiciled
at Eindhoven at Professor Holstlaan 4, building WCB, hereby legally represented
by drs. Hans Streng, hereinafter referred to as “Lessee,”

 

With Site Management and
Lessee hereinafter to be referred to jointly as “Parties;”

 

Whereas:

 

The parties have agreed that
Lessee concludes a lease agreement relating to the use of 60 workplaces and
associated facility management services (hereinafter referred to as: “Workplace
Agreement”) on the High Tech Campus Eindhoven (HTC).

 

The facility management
services on the HTC are performed by third parties under the supervision of the
Site Management.

 

Set out in this Workplace
Agreement and accompanying annexes are the service levels, the (delivery)
conditions and the method for quality measurement.

 

These service levels,
(delivery) conditions, methods for quality measurement and other specific
agreements shall in principle be laid down for a full calendar year and shall,
no later than August I5 of every year, be laid down anew for the following
calendar year.

 

Site Management is
responsible for obtaining, maintaining and administering the required licenses
and shall consequently act for or on behalf of the accommodated units.

 

Agree as follows:

 

9

 

Article 1 – Purpose

 

1.1                    The purpose of this Workplace Agreement is to
coordinate the demand for suitable workplaces and the associated services
provided by the Site Management as closely as possible to the requirements of
Lessee on the HTC.

 

1.2                    Specific agreements for each product/service
shall also be stipulated for a period of one year, taking effect on January 1
of every year unless otherwise agreed. These agreements shall be laid down anew
for the following calendar year no later than August 15 of every calendar year.

 

1.3                    Interim changes to the services that occur in
the course of the calendar year may be agreed between Parties within the limits
of the flexibility incorporated in the agreements between the Site Management
and (partial) suppliers of facility management services.

 

1.4                    Specific agreements for each product/service
with an agreed validity of more than a year shall be set out in a separate
annex to this Workplace Agreement. In these agreements, any initial investment
obligations will be taken into account, if applicable.

 

Article
2 – Period of validity and termination

 

2.1                    The Agreement takes effect on January 1, 2005
and ends on December 31, 2006. This Workplace Agreement has been entered into
for the office spaces, rents and costs as indicated in greater detail in
annexes 1 and 2 and for a  particular
period of validity.

 

2.2                    At the end of the period as referred to in
section (1) of this Article, this Workplace Agreement shall be continued for an
indefinite period.

 

2.3                    If at the end of the particular period this
Workplace Agreement is continued for an indefinite period, this Workplace
Agreement may be terminated by either of the parties in writing, with due
observance of a period of notice of six months.

 

2.4                    Termination shall be effected in units of at
least 5 workplaces.

 

2.5                    If expansion of workplaces in terms of volume
or composition is formally requested by Lessee, the Site Management undertakes
to make every effort to offer an acceptable solution. Timely notification
increases the chances of this being successful.

 

2.6                    If no acceptable solution can be reached in
the current building, other solutions shall be sought in consultation with
Lessee. Lessee’s preferences shall then be taken into account as much as
possible.

 

10

 

2.7                    If there are vacancies shattered throughout
the building in question which could be used by regrouping the existing
Lessees, the Lessor will contact the Lessees, and the Lessees will cooperate if
the regrouping proposals are reasonable and equitable. The costs of such
regrouping are borne entirely by the Lessor.

 

Article 3 – Communication

 

3.1                    Site Management has organized a Facility
Management Desk for all occupants of the High Tech Campus. This Facility Management
Desk maintains contacts with the users at operational level (requests,
malfunctions, complaints, orders, reservations, wishes, information
requirements and advice).

 

3.2                    The Lessee and/or its employees is/are not
entitled to directly contact the selected suppliers regarding the method of
implementation or modification of services by such selected suppliers without
prior consent from Site Management. Contacts regarding implementation or
modifications and complaints relating to all services performed on the HTC that
are carried out under the supervision of Site Management may only go through
the Facility Management Desk.

 

3.3                    Operational adjustments in the facility
management services can only be made by Site Management or their facility
management agent/organization (AAfm).

 

Structural adjustments need
the approval of the Site Management Committee.

 

Article 4 – Quality and
reporting

 

4.1                    Unless agreed otherwise, Site Management
shall inform Lessee every quarter regarding the current situation (the structure
of the quarterly report of this Workplace Agreement shall be agreed following
negotiations) based on the agreed quality and service levels.

 

4.2                    No later than mid-August of every year, Site
Management shall discuss the quarterly reports with Lessee with regard to
defining the agreements for the next calendar year. If so requested, further
analyses or reports shall be provided based on a previously agreed number of
hours x hourly rate.

 

4.3                    For the purpose of quality management, Site
Management shall form customer panels, with which discussions shall be held
periodically. The results of these discussions shall be communicated to Lessee.

 

4.4                    If so requested, in mid-August of every year
Site Management shall give a budget indication based on the number of
workplaces applicable at that time.

 

11

 

Article 5 - Confidentiality

 

5.1                    The parties are not entitled to make
available to third parties substantive information about this Workplace
Agreement without prior written consent from the other party.

 

Article
6 - Ownership

 

6.1                    All fixtures and fittings and resources
pertaining to investments made by Site Management remain the property of Site
Management. Lessee enjoys a right of use in this regard and shall deal with
said items with due diligence.

 

Article
7 - Liability

 

7.1                    Site Management is liable toward Lessee for
any damage suffered directly by Lessee resulting from unlawful actions or
imputable non-performance by Site Management, its employees or the third
parties brought in by Site Management for the purpose of providing the facility
management services on the HTC.

 

7.2                    The liability for damage as referred to in
Article 7.1 is limited to:

 

a)                        The liability that Site Management has in
respect of the third party brought in by Site Management.

 

b)                       The maximum amount placed with Site
Management’s insurance company as coverage and paid out by the insurance
company for the event in question. (Site Management undertakes to arrange
suitable insurance during the period of validity of this Agreement).

 

Article
8 - Invoicing and payment

 

8.1                    Deviations relating to the method and
frequency of invoicing for the various workplaces as stated in this article are
stipulated in Annex I to this Workplace Agreement. The (annual) budget
breakdown is added as Annex II.

 

8.2                    Payment by Lessee of the amounts charged by
Site Management as part of this Workplace Agreement shall be effected without
discount or set-off within 30 days of invoice date.

 

8.3                    If Lessee fails to pay the amounts owed to
Site Management within the agreed payment period, Site Management shall charge
Lessee the legal interest following a written reminder.

 

12

 

8.4                    If Lessee continues to fail to pay the amount
due after having received notice of default by Site Management, the costs of
collection—both inside and outside a court of law—shall be paid by Lessee, with
a minimum of 15% of the total amount due, without prejudice to Site Management’s
right to terminate this Workplace Agreement without recourse to a court of law
and/or to claim full compensation.

 

8.5                    All sums specified in this Workplace
Agreement and the annexes are exclusive of VAT.

 

8.6                    All sums specified in this Workplace
Agreement and the annexes should, if needed, be indexed once a year. This will
be done on January 1, starting on January 1, 2006. This shall be done,
when needed, in accordance with the movement of the consumer price index CP1
(year 2000 = 100) or in accordance with the industry index for the service in
question. The industry index shall prevail if demonstrable developments take place
or have taken place in the industry in question that justify a higher
indexation than the CPI.

 

8.7                    Invoices relating to workplace usage (in
accordance with the budget) shall be sent out approximately one month before
the start of any month.

 

8.8                    Other invoices relating to deliveries and
services, including projects, variable purchase, etc., shall be sent out as
soon as possible after the administrative details are known, with the aim being
not more than one invoice per month.

 

Article
9 - Disputes

 

9.1                    The law of the Netherlands is applicable to
this Workplace Agreement. Disputes shall be submitted to the competent Dutch
court.

 

Article
10 - Confidentiality and Non-compete clause

 

10.1              If a Lessee wishes to protect himself against
another lessee in the same building with regard to confidentiality and/or
competition, the Lessor will be informed thereof. The parties will then confer
and take the necessary measures, which will not result in a cost increase for
the Lessor.

 

	
  Signature:

  Thus agreed and signed in duplicate in Eindhoven on April 7, 2005

  	
   

  
	
   

  	
   

  
	
  Philips Software

  	
  Philips Electronics
  Nederland BV

  
	
   

  	
   

  
	
   

  	
  Site Management High Tech
  Campus Eindhoven

  
	
   

  	
   

  
	
   

  	
   

  
	
  [signature] 

  	
  [signature] 

  
	
  Hans Streng, Vice
  President

  	
  Jérôme Verhagen, Site
  Manager

  

 

13

 

Annex I

 

Specific agreements per workplace

 

 

14

 

	
  Code number:

  	
   

  	
  1.1

  
	
  Function:

  	
   

  	
  Accommodation

  
	
  Item:

  	
   

  	
  Providing: building,
  grounds & parking garage(s).

  

 

Description of Standard
Services:

This function relates to the
“basic” rent of space in the office building, installation package, associated
grounds facilities and parking (garage) facilities. The costs related to any “lessee”
investments (depreciation/interest) are also included in this.

 

The space in the building is
provided as complete and in accordance with NEN standards. For this purpose the
installation package is provided (floor finishing, ceiling finishing, inside
walls and fixtures such as pantries/counters), in short all interior fixtures.

 

The various workplace spaces
are shown on the floor plan attached as an annex.

The number of workplaces is
stipulated when this agreement is entered into and specified in greater detail
in the financial annex.

 

Grounds facilities are
allocated in proportion to the m2 used and relate to:

•                             Hardened surfaces on the grounds, such as
roads, pavements, parking facilities, etc.

•                             Landscaping outside the building and on the
grounds.

•                             Drains, sewers, cables, pipes and other
underground and above-ground infrastructure such as grounds lighting, fencing,
benches, etc.

•                             Buildings and general technical facilities
such as radio and antenna masts, illuminated advertising, gatehouses, barriers,
gates, etc.

 

The parking facilities are
located in specially designed parking garages. The standard workplace/parking
place parking ratio has been set at 0.5 parking spaces per workplace. The
parking spaces are not allocated by name: access to the parking garage is free.
It is not allowed to use the reserved parking spaces in the garages.

 

Description of Collective
Services:

Additional space outside the
building, for example for temporary accommodation, may be necessary or
desirable for the individual business. This can be provided if requested. In
that case, the associated costs are charged separately. If required, a
quotation can be provided beforehand.

 

Description of Optional
Services:

Additional services outside
the building, for example for archiving or storage, may be necessary or
desirable for the individual business. This can be provided if requested. In
that case, the associated costs are charged separately. If required, a
quotation can be provided beforehand.

 

15

 

	
  Code number:

  	
   

  	
  1.2

  
	
  Function:

  	
   

  	
  Accommodation

  
	
  Item:

  	
   

  	
  Paying: taxes &
  charges.

  

 

Description of Standard
Services:

This function relates to the
use of workplace space in the office building and the coordination and
processing of the “accommodation”-related and “location”-related taxes &
charges linked to it.

 

Examples of taxes include
VAT, etc.

This item also includes
statutory consumption charges, such as sewage, connection & consumption
charges, pollution tax, water charges, costs relating to waste materials,
copyright charges, etc.

 

These taxes and charges are
allocated in proportion to the m2 used.

 

Description of Collective
Services: Not applicable.

 

Description of Optional Services:

Not applicable.

 

16

 

	
  Code number:

  	
   

  	
  1.3

  
	
  Function:

  	
   

  	
  Accommodation

  
	
  Item:

  	
   

  	
  Insuring: building
  structure, installation package, fitting-out, building third-party liability
  insurance, storm damage, glass damage and grounds facilities.

  

 

Description of Standard
Services:

This function relates to the
use of workplace space in the office building and “accommodation”-related and “location”-related
insurance policies linked to it.

 

Examples of this include
insurance for:

Buildings: the building
structure and relevant grounds facilities.

The contents: the
installation package, the fitting-out, storm damage and glass insurance (see
1.1).

Business liability: a
third-party liability insurance for the building.

This also includes such
matters as taking out and administering insurance policies.

 

These insurance policies are
allocated in proportion to the m2 used.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

Not applicable.

 

17

 

	
  Code number:

  	
   

  	
  1.4

  
	
  Function:

  	
   

  	
  Accommodation

  
	
  Item:

  	
   

  	
  Maintaining: building,
  grounds &  parking garage.

  

 

Description of Standard
Services:

This function relates to the
use of workplace space in the office building and maintenance of the “accommodation”-related
and “location”-related items linked to it.

 

Examples of this include all
activities, services and resources aimed at the scheduled maintenance (for the
purpose of preventing a defect or malfunction from occurring) and the
incidental maintenance (for the purpose of repairing a defect or malfunction)
of buildings and general spaces. This includes:

-                               Owner maintenance: This is entirely for the
account of owner/lessor.

-                               Lessee maintenance: The user-costs for
maintaining the building in accordance with the lease agreement, such as
cleaning outside walls and outside glass.

 

These maintenance
activities, services and resources are aimed at keeping the premises in such a
condition that the usage  options
are assured by:

-                               Maintaining building-related installations
such as: central energy supply, drainage, elevators, ventilation/air treatment,
lightning protection and the like.

-                               Maintaining user-related installations such
as: minor repairs, maintenance of fixtures, installation package and
fitting-out (see 1.1).

-                               Maintaining the grounds facilities such as:
hardened surfaces, landscaping, cable &  pipes
and other underground and above-ground infrastructure.

-                               Carrying out “handyman” activities in support
of the organization and the users of its building.

 

Maintenance is allocated in
proportion to the m2 used.

 

Description of Collective
Services:

This activity is aimed at
installing/erecting or making changes to business (department) specific
advertising, if any.

This advertising must
explicitly comply with the Campus directions.

 

Description of Optional Services:

These activities are aimed
at maintaining the user-related (i.e. non-building-related) fittings or
modifying them in line with user requirements. This can be provided if
requested. In that case, the associated costs are charged separately. If
required, a quotation can be provided beforehand.

 

18

 

	
  Code number:

  	
   

  	
  1.5

  
	
  Function:

  	
   

  	
  Accommodation

  
	
  Item:

  	
   

  	
  Changing and rearranging:
  building, grounds & parking garage.

  

 

Description of Standard
Services:

Not applicable.

 

Description of Collective
Services:

This function relates to the
use of workplace space in the office building and changes and rearrangements to
the “accommodation”-related and “location”-related items linked to it.

 

Examples of this include
scheduled changes and rearrangements to the building or grounds for the
individual and general interest.

 

This involves radical
changes to the grounds, building and associated installations arising from a
renovation or major rearrangements for the purpose of bringing about functional
improvements.

 

It also includes
rearrangements arising from restructuring work in the primary process, such as
moving the walls, modifying technical installations and the project management
of these renovations and modifications to the grounds, building and
installations.

 

These activities are not
part of the “standard” services and are charged separately. If required, a
quotation can be provided beforehand.

 

Description of Optional
Services:

Not applicable.

 

19

 

	
  Code number:

  	
   

  	
  1.6

  
	
  Function:

  	
   

  	
  Accommodation

  
	
  Item:

  	
   

  	
  Consuming: energy and
  water.

  

 

Description of Standard
Services:

This function relates to the
use of workplace space in the office building and the “accommodation”-related
and “location”-related energy linked to it.

 

Examples of this include
energy and water for the building and the building installations and grounds
installations for the individual and general interest.

These are both fixed and
variable costs.

 

This items includes not only
the technical and economic usage/consumption, but also energy management,
including measuring, registering and reporting on the entire energy supply with
regard to gas/heat, the supply and discharge of water and the electrical
infrastructure.

 

Energy and water consumption
is allocated in proportion to the m2 used.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

Not applicable.

 

20

 

	
  Code number:

  	
   

  	
  1.7

  
	
  Function:

  	
   

  	
  Accommodation

  
	
  Item:

  	
   

  	
  Managing: building,
  grounds & parking garage.

  

 

Description of Standard
Services:

This function relates to the
management of the office building and associated grounds facilities and parking
(garage) facilities.

 

Examples of this include the
activities aimed at acquiring, operating and disposing of the building. Since
the building is a rented building, these costs are discounted by the owner in
the rent.

 

The management costs that
are directly for account of the lessee are included in item 5.1. “Facility
Management.”

 

Management is allocated in
proportion to the m2 used.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

Not applicable.

 

21

 

	
  Code number:

  	
   

  	
  1.8

  
	
  Function:

  	
   

  	
  Accommodation

  
	
  Item:

  	
   

  	
  Paying and receiving:
  interest.

  

 

Description of Standard
Services:

This function relates to the
payment and receipt of interest in respect of office the building, associated
grounds facilities & parking (garage) facilities and fixtures.

 

Examples of this include the
interest related to the building. Since the building is a rented building,
these costs are discounted by the owner in the rent.

The interest costs of the
fixtures are allocated in accordance with corporate guidelines.

 

The management costs that
are directly for the account of the lessee are included in item 5.1, “Facility
Management.”

 

The interest is allocated in
proportion to the m* used.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

Not applicable.

 

22

 

	
  Code number:

  	
   

  	
  1.9

  
	
  Function:

  	
   

  	
  Accommodation

  
	
  Item:

  	
   

  	
  Making available: other
  facilities.

  

 

Description of Standard
Services:

Not applicable.

 

Description of Collective
Service:

This function relates to
making available other facilities related to the office building and associated
grounds facilities and parking (garage) facilities.

 

Examples of this include
facilities that directly meet certain requirements of employees in the
organization, that fall in the accommodation category and that have not been
dealt with so far.

 

These activities are not
part of the “standard” services and are charged separately. If required, a
quotation can be provided beforehand.

 

Description of  Optional Services:

Not applicable.

 

23

 

	
  Code number:

  	
   

  	
  2.1

  
	
  Function:

  	
   

  	
  Services and Resources

  
	
  Item:

  	
   

  	
  Providing: consumer
  services.

  

 

Description of Standard
Services:

This function relates to the
consumer services connected to the use of workplace space in the office
building and the “accommodation”-related and “location”-related items linked to
it. The costs related to any “lessee” investments (depreciation/interest) are
also included in this.

 

This includes all the catering
activities, services and resources aimed at providing food and drink facilities
to employees and guests, and in particular:

-                               Providing hot and cold meals and drinks that
can be consumed in the restaurants on the Strip.

-          Having drinks and
snacks available locally in and near workplaces by means of machines in coffee
corners and the restaurant.

 

For this purpose the
(self-service) restaurants, kitchens and associated storage areas and the
rinsing rooms in the buildings are fully outfitted with equipment and serving
furniture, along with the various coffee corners distributed throughout the
building.

 

To this end, a contract with
catering and vending suppliers has been concluded. The agreed catering concepts
per restaurant are based on the following, inter
alia:

-          Subsidized basic range and non-subsidized luxury range.

-          Large selection, and restaurant opening times vary per
restaurant (see website).

-          Purchases from restaurant by (electronic) payment at cash
desk.

-          Free coffee served from machines in the coffee corners.

 

Management reports shall be
prepared in order to provide specific information about private and business
consumption patterns and usage in the various departments.

 

The “standard” consumer
services are allocated in proportion to the number of workplaces.

 

Description of Collective
Services:

This includes all the
catering activities, services and resources aimed at providing food and drink
facilities to employees and guests, and in particular:

-          Serving drinks, meals and snacks in the workplace and
conference room,

-          Arranging functions for which additional catering
facilities need to be provided,

-          Specific conference accommodations/auditorium for meetings
and presentations.

 

Collective services are
charged separately. If required, a quotation can be provided beforehand.

 

Description of Optional
Services:

Not applicable.

 

24

 

	
  Code number:

  	
   

  	
  2.2

  
	
  Function:

  	
   

  	
  Services and Resources

  
	
  Item:

  	
   

  	
  Risk management:
  monitoring, protecting and prevention.

  

 

Description of Standard
Services:

This function relates to the
use of workplace space in the office building and risk management of the “accommodation”-related
and “location”-related items linked to it.

The costs related to any “lessee”
investments (depreciation/interest) are also included in this.

 

Examples of this include all
activities, services and resources (including technology) that are aimed at
monitoring/protecting the building, grounds, fixtures and fittings, the
information system and the people, as well as measures that prevent, limit or control
the consequences of disasters, such as:

•                             All physical security and monitoring measures
or the deployment of people.

•                             The supervision, observation and inspection
activities in and around buildings and grounds that ore aimed at keeping
unauthorized persons away from the location (building, parking, grounds) and
making sure that the organization’s property is not removed, such as: gate
security, policy for checking parked vehicles and follow-up action, inspection
rounds in the building, connection to control room.

•                             All activities aimed at preventing or
limiting/controlling disasters, such as: detecting, registering and responding
to alarms.

•                             The activities performed behind the reception
desk, such as: assisting visitors, referral and badge issuing, with
corresponding administrative measures.

•                             Organizing, equipping, training and
exercising as part of Corporate Emergency Response (CER).

•                             General safety and/or security studies for
license and/or insurance purposes that are or will be desired or necessary in
general.

 

Risk management is allocated
in proportion to the number of workplaces.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

Not applicable.

 

25

 

	
  Code number:

  	
   

  	
  2.3

  
	
  Function:

  	
   

  	
  Services and Resources

  
	
  Item:

  	
   

  	
  Cleaning: inside, interior
  windows and other items.

  

 

Description of Standard
Services:

This function relates to the
use of workplace space in the office building and to the regular (based on
schedules) cleaning of the “accommodation”-related and “location”-related items
linked to it.

 

Examples of this include all
activities, services and resources aimed at cleaning and keeping clean the
building, parking garage, grounds and fittings of the general and specific
workplaces, such as:

•                             All activities aimed at cleaning and keeping
clean the inside of the building.

•                             All activities aimed at cleaning the inside
of the windows in the outside walls and the separation windows in inside walls
and doors.

•                             Performing periodic quality controls.

•                             Changing/replenishing sanitary materials
(soap, towels, toilet paper, etc.).

•                             Waste removal from the workplaces to a
specially equipped collection point, except for paper, which is taken to the
collection point by employees independently.

•                             Incidental cleaning operations on net
curtains, window shades, vertical blinds, etc.

•                             Periodic cleaning of pavements, roads, other
hardened surfaces and parking lots.

 

The cleaning work is carried
out on the basis of cleaning schedules specifically drawn up for this purpose.
These schedules are established by room, type and load and are objectively
checked on the basis of the AQL values drawn up for this purpose for each
room/object.

 

Cleaning is allocated in
proportion to the number of workplaces.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

Not applicable.

 

26

 

	
  Code number:

  	
   

  	
  2.4

  
	
  Function:

  	
   

  	
  Services and Resources

  
	
  Item:

  	
   

  	
  Relocating: internal and
  external relocations.

  

 

Description of Standard
Services:

This function relates to the
use of workplace space in the office building and relocation in relation to the
“accommodation”-related and “location”-related items linked to it.

 

Examples of this include
incidental internal relocations for the general interest (concentration of
vacancies).

 

This means smaller
relocations and removals, such as moving the contents of cabinets and drawers
and loose fittings, as well as the project management, preparation and
coordination of these relocations, minor renovation work and modifications to
the building and fixtures as a result of these relocations.

 

The agreed “standard”
services are provided at no additional charge.

 

Relocating is allocated in
proportion to the number of workplaces.

 

Description of Collective
Services:

Examples of this include
incidental internal relocations for individual and departmental interest.

 

This means smaller
relocations and removals due to restructuring in the primary process, such as
moving the contents of cabinets and drawers and loose fittings, as well as the
project management, preparation and coordination of these relocations, minor
conversion work and modifications to the building and fixtures as a result of
these relocations.

 

These “collective” services
are provided upon request and charged separately. If required, a quotation will
be provided beforehand.

 

Description of Optional
Services:

Not applicable.

 

27

 

	
  Code number:

  	
   

  	
  2.5

  
	
  Function:

  	
   

  	
  Services and Resources

  
	
  Item:

  	
   

  	
  Document management,
  creation, processing, reproduction and administration.

  

 

Description of Standard Services:

This function relates to the
use of workplace space in the office building and document management in
relation to the items linked to it.

 

Within the location, the
mail facility contains all postal procedures and courier services. This
includes the (central) mail room with equipment and materials, reimbursements
for such matters as metering and bringing around small items of mail on an ad
hoc basis, including the costs of the staff doing this.

 

The agreed “standard package”
provided at no additional charge includes only the mail facility product group.
Other “additional” activities are charged separately. If required, a quotation
can be provided beforehand.

 

The multifunctional network
printers/copiers come under the Facility Management cluster. Messages/requests
that apply to this will be passed on to the relevant helpdesk of the
appropriate service provider.

 

Document management is
allocated in proportion to the number of workplaces.

 

Description of Collective
Services:

Examples of this include
activities, services and resources aimed at:

•          Providing
support in creating and laying out documents to be used for printed matter,

•          Centrally
processing documents, printing them and making illustrations,

•          Transporting
goods (if requested) for the primary process.

 

This documents and logistics
service is centrally situated within the location.

The package offered contains
“additional” activities that are charged separately.

If required, a quotation can
be provided beforehand.

 

Description of Optional
Services:

Examples of this include
activities, services and resources aimed at:

•          Administering,
storing and archiving documents in dynamic or static archives

•          Short-term
storage of goods (< 5 days in the complex)

•          Coordination
of long-term (external) storage (packed goods per pallet, packed unit, m2)

 

Separate agreements can be
made for this service. For this purpose more detailed agreements must be
reached beforehand regarding the content and duration of the service to be
provided. The service is then offered in “customized” form and accompanied by
an appropriate quotation.

 

28

 

	
  Code number:

  	
   

  	
  2.6

  
	
  Function:

  	
   

  	
  Services and Resources

  
	
  Item:

  	
   

  	
  Waste management:
  collection, removal and processing.

  

 

Description of Standard
Services:

This function relates to the
use of workplace space in the office building and the waste management of the “accommodation”-related
and “location”-related items linked to it.

 

Examples of this include all
on-site activities that are aimed at the process of collecting, storing,
removing and destroying all materials and items that no longer have any (usage)
value to the organization. Materials in this category are household, paper and
(small) chemical waste.

 

This category also includes
the activities aimed at removing waste from the grounds. These activities
include periodically sweeping the grounds, roads and other hardened surfaces,
removing litter, etc., and removing the above-mentioned waste materials.

 

The collection is
coordinated in close cooperation with the cleaning schedules established for
this purpose. Various agreements and reports are also related to the on-site
environmental management program and the Philips ecovision program.

 

The agreed “standard”
services are provided at no additional charge.

Additional services that are
requested, are however charged separately.

If required, a quotation can
be provided beforehand.

 

Waste management is
allocated in proportion to the number of workplaces.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

Not applicable.

 

29

 

	
  Code number:

  	
   

  	
  2.7

  
	
  Function:

  	
   

  	
  Services and Resources

  
	
  Item:

  	
   

  	
  Issuing: fittings,
  materials and utensils.

  

 

Description of Standard
Services:

This function relates to the
use of workplace space in the office building and the issuing of consumer goods
such as

fittings, materials and tools of the “accommodation”-related and “location”-related
items linked to it. The costs

related to any “lessee” investments (depreciation/interest) are also included
in this.

 

This function relates to
such items as fittings or fitting-out in the building.

Fitting-out means:

•                             Workplace fittings such as desks, chairs,
cabinets, hat racks, wastepaper baskets;

•                             Conference facilities, such as those present
in the specially fitted-out rooms;

•                             Fittings in general areas, such as lobbies,
entrance halls, smoking rooms and seats, display cases, cabinets and the like
in these common areas;

 

This function also relates
to the issuing of materials and tools in an organization. This means the
following items:

•                             “Indoor” landscaping, such as plants
throughout the building;

•                             Objects with an artistic and cultural message
to enhance the building’s appearance in the form of posters,

paintings, statues, etc.

•                             Sign-posting indicating directions in the
building, such as name signs, department references and the like.

 

The agreed “standard”
services are provided at no additional charge. In some buildings, reservations
of some conference facilities are made through the reception desk of that
building.

 

The issuing of the “standard”
services and resources is allocated in proportion to the number of workplaces.

 

Description of Collective
Services:

Examples of this include the
issuing of consumer goods in an organization.

This means office supplies
and tools such as consumables, extension cords and the like.

 

These office supplies and
tools are charged separately.

If required, a quotation can
be provided beforehand.

 

Several options to lease
space on the Strip are also included with regard to presentation tools, drinks
and other facilities, see website.

 

Description of Optional
Services:

Not applicable.

 

30

 

	
  Code number:

  	
   

  	
  2.9

  
	
  Function:

  	
   

  	
  Services and Resources

  
	
  Item:

  	
   

  	
  Making available: other
  services and resources.

  

 

Description of Standard
Services:

This function relates to the
making available of other services and resources connected to the use of
workplace space in the office building and the “location”-related items linked
to it. At the location, some functions have been set up for that purpose, such
as the presence of shops, child care, fitness/RSI prevention, outdoor sports
accommodations.

 

Description of Collective
Services:

This function relates to the
making available of other services and resources connected to the use of
workplace space in the office building and the “accommodation”-related and “location”-related
items linked to it.

 

Examples of this include
activities, services and resources that are used for facilities that directly
meet certain needs of employees in the organization in the services and
resources function category and that have not been dealt with so far.

 

This includes the use of the
shops, child care, fitness/RSI prevention, outdoor sports accommodations. These
activities, services and resources are not part of the “standard” services and
are charged separately. If required, a quotation can be provided beforehand.

 

Description of Optional
Services:

Not applicable.

 

31

 

	
  Code number:

  	
   

  	
  3.1

  
	
  Function:

  	
   

  	
  FCT (Facility management,
  communication technology)

  
	
  Item:

  	
   

  	
  Providing: external
  infrastructure, internal infrastructure, hardware and software.

  

 

Description of Standard
Services:

This function relates to the
provision of all facility management communication technology activities,
services and resources connected to the use of workplace space in the office
building and the “accommodation”-related and “location”-related items linked to
it that are aimed at:

 

•                             External facilities relating to
telecommunications and data communications; examples of this include central

aerial systems.

•                             Specific facilities in the building aimed at
carrying voice and data signals; these include both wired and wireless
connections such as beepers, walkie-talkies and associated systems.

•                             Making available the specific equipment
needed for the relevant data communications and telecommunications, such as the
devices referred to above.

•                             All software-based resources aimed at making
this hardware/equipment function.

 

The Campus LAN is connected
to the Philips Metropolitan Area Network (MAN). Through MAN, the Philips Global
Network (PGN) and, after it, the internet can be accessed. The Campus LAN also
includes the layout of the various Mers (Main Equipment Room) and Sers
(Satellite Equipment Room), data centers in which the Basic Network Services
are realized, switching equipment in the MER and SER, fast routers and
switches.

 

Each workplace is equipped
with a 10 Mb/s connection (active), and with one or several 100 Mb/s
connections. The number of UPT connections is limited (varies per building).
There are 4 UTP network connections provided per workplace connection.

 

The provision of the “standard”
services as described above is allocated in proportion to the number of
workplaces. The costs related to any “lessee” investments
(depreciation/interest) are also included in this.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

Not applicable.

 

32

 

	
  Code number:

  	
   

  	
  3.2

  
	
  Function:

  	
   

  	
  FCT (Facility management,
  communication technology)

  
	
  Item:

  	
   

  	
  Providing support in:
  training, management, maintenance, advice, catastrophes and services to
  support FCT.

  

 

Description of Standard
Services:

This function relates to the
provision of support for all facility management communication technology
activities, services and resources connected to the use of workplace space in
the office building and the “accommodation”-related and “location”-related
items linked to it that are aimed at the following facility management
functions:

 

•                             External facilities relating to
telecommunications and data communications; examples of this include central
aerial systems.

•                             Specific facilities in the building aimed at
carrying voice and data signals; these include both wired and wireless
connections such as beepers, walkie-talkies and associated systems.

•                             Making available the specific equipment needed
for the relevant data communications and telecommunications, etc., such as the
devices referred to above.

•                             All software-based resources aimed at making
this hardware/equipment function.

•                             The telephony backbone infrastructure
(switchboards), the front end (apparatus), various subscription services and
one-time services are done by KPN, with the UATS (Umbrella Agreement Telephony
Services) between Philips in the Netherlands and KPN as its basis.

•                             The horizontal telephony cabling system in
the buildings is executed by the Campus ICT organization.

•                             The communications and telecommunications
equipment, both wired and wireless, comes entirely under the Campus ICT
cluster, hence within the FCT cluster.

•                             Reports/requests that apply to this will be
passed on to the relevant helpdesk of the ICT organizations.

•                             Communication takes place (as much as
possible) through the web, in order to optimize cost-efficiency.

 

The costs related to any “lessee”
investments (depreciation/interest) are also included in this.

 

The provision of the “standard”
FCT services as described above is allocated in proportion to the number of
workplaces.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

Not applicable.

 

33

 

	
  Code number:

  	
   

  	
  3.9

  
	
  Function:

  	
   

  	
  FCT (Facility management,
  communication technology)

  
	
  Item:

  	
   

  	
  Making available: other
  services and resources.

  

 

Description of Standard
Services:

This function relates to
making available all facility management communication technology activities,
services and resources connected to the use of workplace space in the office
building and the “accommodation”-related and “location”-related items linked to
it that are aimed at the facility management functions.

 

Examples of this include
activities, services and resources that are used for facilities that directly
meet certain needs of employees in the organization in the facility management
communication technology (not ICT Benelux!) function category and that have not
been dealt with so far.

 

Parts of FCT services are
currently provided at different locations by the Communications Contact Person
(CCP). These services come under the competence of Campus ICT. The intrinsic
services are transferred in a site-by-site manner.

This involves the following
services:

•                             Ordering and delivering mobile and other
phones, fax equipment, teleconferencing equipment, etc.

•                             Managing phone and fax files.

•                             Carrying out repairs, remedying malfunctions.

•                             Coordinating small internal relocations.

•                             Updating the communication guide.

 

HTC has a service desk which
can be contacted by the local ICT organizations for matters such as user
support:

 

The costs related to any “lessee”
investments (depreciation/interest) are also included in this.

 

The issuing of the “standard”
services is allocated in proportion to the number of workplaces.

 

Description of Collective
Services:

Examples of this include
activities, services and resources that are used for facilities that directly
meet certain needs of employees in the organization in the facility management
FCT (not ICT Benelux!) function category and that have not been dealt with so
far.

 

These activities, services
and resources are not part of the “standard” services and are charged
separately. If required, a quotation can be provided beforehand.

 

Description of Optional
Services:

Not applicable.

 

34

 

	
  Code number:

  	
   

  	
  4.1

  
	
  Function:

  	
   

  	
  External Facilities

  
	
  Item:

  	
   

  	
  Providing: external
  accommodation, external workplaces and meeting places and passenger
  transport.

  

 

Description of Standard
Services:

Not applicable.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

This function relates to the
provision of activities, services and resources connected to the use of
workplace space in the office building and the “accommodation”-related and “location”-related
items linked to it that are aimed at:

 

•          Temporary
accommodation “outside” the organization,

•          Providing
workplaces and meeting places “outside” the organization,

•          Transporting
employees on an incidental basis.

 

N.B.
External facilities fall primarily under the Travel Office’s service; they are
therefore expressly excluded from the Facility Management cluster.
Reports/requests that apply to this will be passed on to the relevant helpdesk
of the Travel Office.

 

The activities, services and resources that are part of
the “scope” of Facility Management are charged separately. If required, a
quotation can be provided beforehand.

 

35

 

	
  Code number:

  	
   

  	
  4.9

  
	
  Function:

  	
   

  	
  External Facilities

  
	
  Item:

  	
   

  	
  Making available: other
  facilities.

  

 

Description of Standard
Services:

Not applicable.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

This function relates to
making available all other external (facility management) facilities, services
and resources connected to the use of workplace space in the office building
and the “accommodation”-related and “location”-related items linked to it.

 

Examples of this include
activities, services and resources that are used for facilities that directly
meet certain needs of employees in the organization in the external facilities
facility management function category and that have not been dealt with so far.

 

These activities, services
and resources are charged separately. If required, a quotation can be provided
beforehand.

 

36

 

	
  Code number:

  	
   

  	
  5.1

  
	
  Function:

  	
   

  	
  Facility Management

  
	
  Item:

  	
   

  	
  Providing: facility
  management.

  

 

Description of Standard
Services:

This function relates to the
provision of facility management facilities, services and resources connected
to the use of workplace space in the office building and the “accommodation”-related
and “location”-related items linked to it.

 

Examples of this include the
general management function responsible (within the organization’s central
policy frameworks) for the facility as a result of the planning and
coordination of support processes.

This includes all
activities, services and resources aimed at:

•          Formulating
philosophy, strategy and goals in the field of facility management.

•          Managing,
advising on and operating the facilities.

•          Renovating,
optimizing and improving processes and services.

 

Campus Site Management
interprets the policy and the general management function at the HTC, including
specific attention given to internal and external communication, website,
specific subsidies, mobility management & transportation plans.

 

Representing, with power of
attorney, the director/plant manager in environmental matters vis-à-vis the
permit issuer and/or the government.

 

An SLA has been made with AA
Facility Management BV regarding the products and services achieved under its
responsibility. In consultation with CSM and the on-site facility manager
(AAfm), they have been translated into KPIs, which are reported and discussed
on a regular basis. To this end, a communication procedure and timetable will
be drawn up. Once a quarter, these KPIs will be centrally placed on the agenda
of the HTC Management Committee following interim consultation with the Site
Management. Structural matters can be discussed during the periodic “occupant
consultations.”

 

The issuing of these “standard”
services is allocated in proportion to the number of workplaces.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

Not applicable.

 

37

 

	
  Code number:

  	
   

  	
  5.2

  
	
  Function:

  	
   

  	
  Facility Management

  
	
  Item:

  	
   

  	
  Conducting: business
  services, environmental, health A safety, risk, procurement, information and
  quality management.

  

 

Description of Standard
Services:

This function relates to the
conducting of support activities within CSM aimed at management facilities,
services and resources connected to the use of workplace space in the office
building and the “accommodation”-related and “location”-related items linked to
it. This includes all activities, services and resources aimed at:

 

•                             The administrative support of the facility
manager in the organization.

•                             Fulfilling the statutory and corporate
obligations in the field of environmental and sustainability reports,

•                             Fulfilling the statutory obligations in the
field of working conditions,

•                             Formulating policy for the building, grounds
and fixtures and fittings for protecting people and preventing, limiting or
controlling the risk arising from disasters.

•                             Policy formulations and developments relating to the procurement
process.

•                             Policy formulations and developments to
assure or improve certain pre-defined performances of the output to be
delivered by the facility management processes within the organization.

•                             Obtaining and administering licenses for
using the buildings within the SLA described. In the instances where this
overlaps with the primary process, it is not provided and further discussions,
will be held in this regard.

•                             Several auxiliary operational activities,
such as: advising on lay-out designs of renovation work, switching fire alarm
monitoring station on and off, granting permits for high-fire-risk activities,
coordination of statutory inspections (e.g. hoists, etc.), supervising RI&E
audits, maintaining contacts with government departments, utility companies and
environmental offices, support in the design of contingency plans in case of
catastrophes, etc.

 

Drafting an environmental
year plan for the coming year, and an annual report of the past year that will
be published. Registering and reporting the (number of) environmental
incidents.

 

An SLA has been made with AA
Facility Management BV regarding the products and services achieved under its
responsibility. In consultation with the on-site facility manager (AAfm), they
have been translated into KPIs, which are reported and discussed on a regular
basis. To this end, a communication procedure and timetable will be drawn up
that is agreed with each individual customer. Once a quarter, these KPIs will
be centrally placed on the agenda of the HTC Management Committee following
interim consultation with the Site Management. Structural matters can be
discussed during the periodic “occupant consultations.”

 

The issuing of these “standard”
services is allocated in proportion to the number of workplaces.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

Not applicable.

 

38

 

	
  Code number:

  	
   

  	
  5.9

  
	
  Function:

  	
   

  	
  Facility Management

  
	
  Item:

  	
   

  	
  Making available: other
  management.

  

 

Description of Standard
Services:

Not applicable.

 

Description of Collective
Services:

Not applicable.

 

Description of Optional
Services:

This function relates to the
making available of all other facility management activities, services and
resources connected to the use of workplace space in the office building and
the “accommodation”-related and “location”-related items linked to it.

 

Examples of this include
activities, services and resources that are used for facilities that directly
meet certain needs of employees in the organization in the facility management
category and that have not been dealt with so far.

 

These activities, services
and resources are charged separately. If required, a quotation can be provided
beforehand.

 

39

 

General and Specific
Conditions relating to previous NEN/SLA numbers

 

Collective and Optional
Services:

These relate to additional
customer-specific services that are purchased in addition to the binding “standard
services.” These additional services are included in general terms in the SLA;
in some cases reference is made to likely examples, without claiming to be
exhaustive.

Questions relating to these
services can be put directly to the Facility Management Office.

Additional services are
charged separately in proportion to agreed off take and price.

 

Order and complaints process:

Changes in the number of
workplaces are adjusted for on the first day of the following month (in
accordance with Article 2). Adjustments to the number of workplaces are not
charged for with retroactive effect. For changes you can contact the Central
Service Point (CSP);

 

There is a complaint
procedure to handle any complaints. The procedure consists of a set plan, in
which the complaint is discussed up to and including prevention of complaints.

The complaint procedure is
as follows:

1.                          The complaint is filed in writing with CSP
(by means of a complaint form, see website).

2.                          The complaint is centrally registered and
handled by the responsible person at CSP.

3.                          A confirmation, indicating whether the
complaint will be considered or not, will be sent to the filer. The next

steps as well as the end date are stated. If a complaint is not considered, it
must be argued.

4.                          The one who “caused” a complaint will be
notified.

5.                          From the central complaints register, a
monthly check is performed as to which complaints are still pending, and the
person responsible will be notified.

6.                          The person responsible in CSP will then
inform the person filing the complaint of the action that was taken in

order to prevent further complaints.

 

Terms of delivery:

Invoicing takes place in
accordance with the contractual conditions and in proportion to the workplace
usage (based on m2 used and/or the number of employees; see Annex
II).

 

If the efficiency of the
building can be increased, a lessee can be compelled to cooperate on this. For
this purpose, the Lessee can be requested to make one or more internal
relocations (cost to be barred by perpetrator).

In that case, Site
Management Will contact Lessee.

 

For each individual
function/service, additional procedures/conditions may be stipulated which
individual employees must observe in order to bring about the optimum
price/performance ratio. The service activities guide and/or intranet page
and/or service desk will provide this information as and when necessary.

 

40

 

Contact persons:

Facility Management
Helpdesk: servicedesk@aa-fm.com; telephone number 040 2332 880

Facility Manager: Fred Kamp

Site Management: Dave
Lockwood

Intranet:
http://EWW.hightechcampus.nl

 

Management information
(KPIs):

Various KPIs are measured
on-line and once a quarter a management report will appear which, if required,
can be explained personally.

The site report will be
discussed by the Management Committee once a quarter as an agenda item.

The most important KPIs
relate to: customer satisfaction surveys, meeting the agreed service levels,
improvement plans, service management, projects, energy and technical
management, functioning of facility management helpdesk and on-site workers.

 

41

 

Annex II

 

Annual budget breakdown

 

42

 

Building WDB Business PSW

 

	
   

  	
   

  	
  Cost per workplace per year

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  single XL

  	
   

  	
  single

  	
   

  	
  split

  	
   

  	
  share

  	
   

  	
  cost per

  leasable floor

  space

  	
   

  	
   

  	
   

  
	
  Construction tariff per

  workplace

  	
   

  	
  30 m2

  54.33

  	
   

  	
  21 m2

  38.03

  	
   

  	
  12 m2

  21.73

  	
   

  	
  10 m2

  18.11

  	
   

  	
  (non-office)

  per year

  	
   

  	
   

  	
   

  
	
  1 Accommodations

  	
   

  	
  14.122

  	
   

  	
  9.886

  	
   

  	
  5.649

  	
   

  	
  4.707

  	
   

  	
  236.87

  	
   

  	
   

  	
   

  
	
  2 Services and resources

  	
   

  	
  3.542

  	
   

  	
  3.263

  	
   

  	
  2.984

  	
   

  	
  2.922

  	
   

  	
  51.35

  	
   

  	
   

  	
   

  
	
  3 ICT

  	
   

  	
  1,765

  	
   

  	
  1,765

  	
   

  	
  1,765

  	
   

  	
  1,765

  	
   

  	
  44.13

  	
   

  	
   

  	
   

  
	
  4 External facilities

  	
   

  	
  —

  	
   

  	
  —

  	
   

  	
  —

  	
   

  	
  —

  	
   

  	
  —

  	
   

  	
   

  	
   

  
	
  5 Facility management

  	
   

  	
  371

  	
   

  	
  371

  	
   

  	
  371

  	
   

  	
  371

  	
   

  	
  9.37

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  19,800

  	
   

  	
  15,284

  	
   

  	
  10,769

  	
   

  	
  9,766

  	
   

  	
  341.71

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Vacancy risk 2.00%

  	
   

  	
  404

  	
   

  	
  312

  	
   

  	
  220

  	
   

  	
  199

  	
   

  	
  7

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Traffic, office per workplace

  	
   

  	
  20,204

  	
   

  	
  15,596

  	
   

  	
  10,989

  	
   

  	
  9,965

  	
   

  	
  349

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Building WDB

  	
   

  	
   

  	
   

  	
  offices

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  non-offices

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  workplaces

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  m2 (leasable floor space)

  	
   

  	
   

  	
   

  
	
  First floor

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  0

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Second floor

  	
   

  	
  1

  	
   

  	
  1

  	
   

  	
   

  	
   

  	
  15

  	
  17

  	
   

  	
  97

  	
   

  	
   

  	
   

  
	
  Third floor

  	
   

  	
  1

  	
   

  	
  1

  	
   

  	
  0

  	
   

  	
  41

  	
  43

  	
   

  	
  66

  	
   

  	
   

  	
   

  
	
  Fourth floor

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Quantities

  	
   

  	
  2

  	
   

  	
  2

  	
   

  	
  0

  	
   

  	
  56

  	
  60

  	
   

  	
  163

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  First floor

  	
   

  	
  —

  	
   

  	
  —

  	
   

  	
  —

  	
   

  	
  —

  	
   

  	
  —

  	
   

  	
  —

  	
   

  
	
  Second floor

  	
   

  	
  20,204

  	
   

  	
  15,596

  	
   

  	
  —

  	
   

  	
  149,472

  	
  185,272

  	
   

  	
  33,823

  	
   

  	
  219,095

  	
   

  
	
  Third floor

  	
   

  	
  20,204

  	
   

  	
  15,596

  	
   

  	
  —

  	
   

  	
  408,558

  	
  444,358

  	
   

  	
  23,013

  	
   

  	
  467,371

  	
   

  
	
  Fourth floor

  	
   

  	
  —

  	
   

  	
  —

  	
   

  	
  —

  	
   

  	
  —

  	
   

  	
  —

  	
   

  	
  —

  	
   

  
	
  Amounts

  	
   

  	
  40,408

  	
   

  	
  31,193

  	
   

  	
  —

  	
   

  	
  558,030

  	
  629,630

  	
   

  	
  56,836

  	
   

  	
  686,466

  	
   

  

 

 

RIDER No. 001

 

[See original for text in
English.]

 

 

[See original for text in
English.]

 

 

	
  Philips Digital Networks
  B.V.

  

 

P.O. Box 80021, 5600 JZ
Eindhoven, The Netherlands

 

	
  Philips Electronics
  Nederland B.V.

  	
   

  	
   

  
	
  Attn. Site Management HTC

  	
   

  	
   

  
	
  Prof. Holstlaan 100

  	
   

  	
  Phone: +31 (0)40 

  2732565

  
	
  5656 AA Eindhoven

  	
   

  	
  Fax:     +31
  

  (0)40 2742274 

  Hans.streng@phi 

  lips.com

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Subject: Notice of
  termination

  	
   

  	
  Ref: tf 

  Date: June 16,

  2006

  

 

Ladies and Gentlemen:

 

As of next July 1st,
Philips Crypto Tech will no longer be leasing building HTC 45. This lease
agreement is dissolved as of this date.

 

Also as of July 1st,
the new lessee (Philips Semiconductors BU-EB) will take over the lease.

 

 

Kind regards,

 

Philips Digital Networks
B.V.

 

	
  [signature]

  	
   

  
	
  J.H. Streng

  	
   

  

CEO

 

	
  Philips Semiconductors

  	
   

  	
  Business Unit Emerging
  Businesses

  	
   

  	
  Visiting address:

  
	
   

  	
   

  	
   

  	
   

  	
  High Tech

  
	
   

  	
   

  	
  Campus 45

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  5656 AE

  
	
   

  	
   

  	
  Eindhoven

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  The Netherlands

  
	
   

  	
   

  	
   

  	
   

  	
  T: +3l 40

  
	
   

  	
   

  	
  2732565

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  F: +31 40

  
	
   

  	
   

  	
  2742774Exhibit
10.8

 

WDE

 

The
undersigned:

 

1.                   PHILIPS
ELECTRONICS NEDERLAND B.V., acting herein under the name “EXPLOITATIEMAATSCHAPPIJ PHILIPS HIGH TECH CAMPUS,” having a
principal place of business in (5656 AA) Eindhoven at Prof. Holstlaan 100,
Building HTC, for the purposes of this transaction represented by Mr. C.H.L.
van der Linden and Mr. J. Wilkes in their capacity as managing directors of the
company under its articles and in their capacity as special authorized
representatives of this company,

 

hereinafter referred to as “Lessor,”

 

and

 

2.                   PHILIPS SEMICONDUCTORS
B.V., having its principal place of business in (5656 AA) Eindhoven
at Prof. Holstlaan 4, for the purposes of this transaction represented by Mr.
J. Lobbezoo and Mr. T. Claasen,

 

hereinafter referred to as “Lessee,”

 

whereas:

 

•                       Lessor
wishes to lease the office/business premises referenced hereinafter to Lessee,
and Lessee wishes to lease the office/business premises referenced hereinafter
from Lessor;

 

•                       Lessor
derives its authority to lease out said premises from a leasing agreement that
it has entered into with Tetona Investments B.V., with registered office in
Amsterdam;

 

•                       Unless
context indicates otherwise, references in the present agreement to leasing
between the parties shall be understood as denoting subleasing;

 

•                       The parties
wish to set forth their arrangements concerning this leasing in writing.

 

do hereby
agree to the following:

 

1.                   The Leased
Property, Intended Purpose and Use

 

1.1            The present leasing agreement relates to
the office/business premises with a leasable floor area (“v.v.o.”) of 9,83022
m(2), which has been constructed at Prof. Holstlaan in Eindhoven and is also
referred to as “Building WDE,” in both respects in accordance with the site
plan and other plans attached as Annex 2, with which the parties are
sufficiently acquainted, hereinafter referred to as “the leased property,” with
230 parking spaces in a parking garage on the Philips High Tech Campus to be
further specified.

[initials]

 

1.2            The leased property may be used exclusively
as office/business premises, research and/or development premises, or
laboratories.

 

1.3            Lessee is not permitted, without the prior
written content of Lessor, to use the leased property for

 

	
  Initials

  	
   

  	
   

  	
  Lessee’s initials

  
	
  [initials]

  	
   

  	
   

  	
  [initials]

  

 

 

1

 

any purpose other than as described in Sec. 1.2.

 

1.4            The maximum permitted load on the floor(s)
of the leased property is 400 kilograms per square meter.

 

1.5            After consultation with Lessee, Lessor’s
site management is entitled to reduce the number of parking spaces allotted to
Lessee, if a change in the expected number of parking spaces needed for the
users of the Philips High Tech Campus constitutes reasonable cause to do so.
The rental fee for the leased property shall in that case be lowered by €919
per parking space per year for each parking space by which Lessee’s allotment
is reduced. If at any time Lessee uses more or fewer parking spaces than the
amount to which it is entitled under the terms of the present agreement (“actual
overuse” or “actual underuse”), then it shall be charged an amount of €919 per
actually overused parking space per year or be given a discount of €919 per
actually underused parking space per year, or, if the actual overuse or actual
underuse occurs for a period longer or shorter than one year, an amount
prorated to the duration of the actual overuse or actual underuse, all as
further stipulated in the regulations of the Philips High Tech Campus, to be
approved by the Managing Board, on which one or more representatives of Lessor
and one or more representatives of Lessee shall hold seats.

 

2.                   Terms and
Conditions

 

2.1            The following are integral parts of the
present agreement:

 

(i)                  the “General Stipulations of Leasing
Agreements for Office Premises and Other Business Premises Not Subject to
Article 7A (1624) of the Civil Code,” filed at the Office of the District Court
in The Hague on February 29, 1996 and registered there under No. 34/1996,
hereinafter referred to as the “General Stipulations”;

(ii)               the appendix to the present agreement
contained in Annex 6 to the present agreement, hereafter referred to as the “Appendix”;

(iii)            the annexes to the present agreement.

 

The parties are acquainted with the contents of the General
Stipulations, the Appendix, and the annexes. Lessee has received a copy thereof
and declares its acceptance thereof upon signing the present agreement.

 

2.2            The stipulations of Sec. 2.1 apply insofar
as not provided otherwise in the present agreement or unless the application
thereof with respect to the leased property is not possible.

 

3.                   Term, Duration,
and Termination

 

3.1            The present agreement enters into force on
May 17, 2002, hereinafter referred to as the “effective date.” Notwithstanding
the provisions of Stipulations 17.1-17.3 of the “General Stipulations,” Lessee
is obligated to accept leasing of the leased property and the appurtenant
parking spaces effective from May 17, 2002, hereafter referred to as the “date
of delivery,” and Lessor is obligated, effective from the date of delivery, to
provide leasing of the leased property and the appurtenant parking spaces. If
the leased property is not available on the date of delivery, Lessor

 

2

 

shall, with due regard for Lessee’s reasonable interests, set a new
date that shall replace the date of delivery and shall also be referred to
hereinafter as the “date of delivery.”

 

3.2            The present agreement ends, without any
notice requirement, on May 17, 2007 (hereinafter referred to as the “end date”),
unless the agreement is extended or has been previously terminated pursuant to
the terms of the present agreement. Lessor shall notify Lessee at least six
months prior to the end date whether the agreement can be extended. If the
present agreement has been extended pursuant to the terms of the agreement, it
ends, without any notice requirement, on the last day of the extension period,
unless the agreement is again extended or has been previously terminated
pursuant to the terms of the present agreement.

 

3.3            If Lessor in any way obtains the authority
to lease the leased property and the appurtenant parking spaces to Lessee after
the end date, the present agreement shall, if so requested by Lessee, be
extended for the duration of the period for which Lessor has obtained said
authority. Both Lessor and Lessee can, however, limit said extension to a
period of five years. In the event of any extension of the present agreement,
Lessor and Lessee shall decide on a new rental fee by mutual consent, with said
rental fee to be in conformity with market conditions. However, the rental fee
shall in all instances be adequate to cover Lessor’s reasonable costs arising
from the acquisition, use, administration, and preservation of the aforesaid
authority, said costs expressly including but not limited to the financing
costs and/or rental fees incurred by Lessor with respect to the leased property
and the appurtenant parking spaces. Lessor and Lessee shall enter into
consultation concerning a further extension of the present agreement no later
than six months prior to the end of the extension period.

 

Lessor shall make every commercially reasonable effort to obtain the
authority referred to in the first sentence of this section under terms and
condition convenient to Lessor.

 

3.4            Lessor is entitled to effect premature
termination of the present agreement, with notice:

 

(i)                  effective from the date on which its
authority to lease the leased property and the appurtenant parking spaces to
Lessee ends;

(ii)               if a circumstance as specified in Stipulation
7 of the “General Stipulations” arises; or

(iii)            if Lessee is no longer a subsidiary of
Koninklijke Philips Electronics N.V. within the meaning of Article 24a, Book 2,
of the Civil Code.

 

Premature termination of the present agreement by Lessee is not
possible. Insofar as Lessor has granted its advance, written, express consent
thereto, Lessee has the authority to substitute a third party in its stead, in
whole or in part, with respect to the present agreement. Lessor shall not
withhold its consent on unreasonable grounds nor attach unreasonable conditions
to its consent to the substitution. At Lessee’s request, Lessor shall make
every commercially reasonable effort to find a third party for the aforesaid
substitution. Any costs incurred through such efforts shall be

 

3

 

borne by Lessee, if approved in advance and in writing by Lessee.

 

3.5            Notice as referred to in Sec. 3.4 shall be
effected by way of writ or by registered mail.

 

4.                   Payment
Obligation, Payment Period

 

4.1            Lessee’s payment obligation arising from
the present agreement comprises:

 

•                       the rental
fee (said fee being inclusive of the fee for leasing the parking spaces named
in Sec. 1)

 

•                       the
value-added tax owed on this rental fee or an amount corresponding thereto, in
accordance with and with due regard for the provisions of Stipulations 15.2 and
15.3 of the General Stipulations, provided that the parties have agreed to a
rental fee subject to value-added tax.

 

•                       compensation
for the user-specific investments as referred to in Sec. 9.6.

 

4.2            The annual rental fee is €1,884,1441,882,782 (one million eight hundred eighty-four thousand
one hundred forty-four euros). This amount is derived as the total of €170.17
per square meter of v.v.o. per year for the leased property plus €919 per
parking space per year.                 [initials]

 

4.3            The rental fee is adjusted one year after
the effective date in the first instance, and subsequently as of February 1 of
each year, in accordance with Stipulations 4.1 and 4.2 of the “General
Stipulations,” on the understanding that the consumer price index series
CPI-Employees Low (1990=100) is replaced by the consumer price index series
CPI-Employees Low (1995=100).

 

4.4            The fees for additional facilities and
services are determined in accordance with Stipulation 12 of the “General
Stipulations.” Such fees shall be subject to a system of advance payments with
settlement at a later date, as indicated there.

 

4.5            The payments to be made to Lessor by Lessee
are due in lump sums payable in advance for successive payment period(s) as
indicated in Sec. 4.6 and must be paid in full prior to or on the first day of
the period to which the payments relate.

 

4.6            The rental fee per payment period of one
calendar month is €157,012.00. The rental fee per year is €1,884,144.00. These
amounts are exclusive of value-added tax.

 

4.7            In view of the effective date of the lease,
the first payment period relates to the period from the date of delivery
through the last day of the respective calendar month. The amount owed for that
period shall be prorated according to the number of days in that period. Lessee
shall pay that amount, plus any value-added tax owed thereon, prior to the date
of delivery.

 

4.8            The leasable floor area named in Sec. 1.1
has been determined in accordance with the measurements indicated in the
Measurement Certificate prepared in conformity with NEN 2580,

 

 

4

 

Elta J. Claas. Adjustments between Lessee and Lessor for under- or
over-measurement of the leased property are barred.

 

5.                   Value-Added Tax

 

5.1            The parties agree that Lessor shall charge
Lessee no value-added tax on the rental fee if they belong to the same VAT tax
entity. If Lessor and Lessee cease to belong to the same VAT tax entity, Annex
5 shall apply immediately.

 

6.                   Facilities and
Services

 

6.1            The Philips High Tech Campus shall offer a
number of centrally provided additional facilities and services for all
lessees. There are facilities and services that are of interest to all lessees
and are not business-specific, such as catering, security, landscaping, etc.
The Philips High Tech Campus site management and Lessee shall in due course
enter into consultation concerning additional facilities and services to be
utilized by Lessee by way of the consultation body established for this
purpose, known as the “Managing Board.”

 

6.2            If specific facilities and/or services on
the so-called Central Strip of the Philips High Tech Campus are provided or
offered, Lessee is immediately barred from (further) offering, directly or by
way of third parties, these or comparable facilities and/or services on the
High Tech Campus to its employees whose normal workplace is on the Philips High
Tech Campus.

 

6.3            Lessee and the Philips High Tech Campus
site management shall enter into further agreements concerning the terms and
conditions of facilities and services as referred to in Sec. 6.1 and 6.2. The
fees to be charged to Lessee shall be determined in conformity with market
conditions.

 

7.                   Bank Guarantee

 

7.1            Contrary to Stipulation 8 of the “General
Stipulations,” Lessee is not obligated to furnish a bank guarantee to Lessor.

 

8.                   Coordination

 

8.1            Lessor designates as its agent for
performance of the present agreement the Philips High Tech Campus site
management, which shall act on its behalf.

 

9.                   Special
Stipulations

 

9.1            Substantive alterations in the leased
property require the advance written approval of Lessor.

 

9.2            Notwithstanding the authorities to
terminate the present agreement that Lessor may hold under

 

 

5

 

the provisions of Sec. 3.4 (iii) of the agreement, the parties agree
that if Lessee ceases to belong to the tax entity for value-added tax to which
Lessor and Lessee belong at the time when the agreement is entered into, then
they, if Lessor fails to exercise its authority to terminate the present
agreement as described hereinabove, effective from the time at which Lessee
ceases to belong to the tax entity as referred to hereinabove, shall enter into
a new leasing agreement with respect to the leased property and the appurtenant
parking spaces:

 

(i)                  in which it is stipulated that the
rental fee shall be subject to value-added tax;

(ii)               that shall incorporate the stipulations
as attached to the present agreement as Annex 5;

(iii)            whereby said agreement shall be
substantively identical to the present agreement, except that Sec. 7 of the
present agreement shall be replaced by a new Sec. 7 reading as follows: “The
bank guarantee referred to in Stipulation 8.1 of the “General Stipulations”
shall be in an amount equivalent to six times the rental fee for the leased
property per month plus the costs of the additional facilities and services
over that same period, as stipulated in the agreement that the present
agreement replaces and at the time immediately preceding the time at which the
present agreement replaces the previous agreement”; and

(iv)           in which it is stipulated that the present
agreement is terminated effective from the date on which the new agreement
enters into force.

 

9.3            The October 1998 report by DHV B.V.
concerning the exploratory soil study and the March 1999 report by Oranjewoud
B.V. (Document No. 947051772) concerning the soil study are deemed the
environmental study whose performance is required prior the start of the
present agreement, as referred to in Stipulation 2.6.1 of the General
Stipulations.

 

9.4            With the prior written consent of Lessor, Lessee
has the right, with due regard for locally applicable ordinances and other
regulations, to place advertising materials on, in, near, or alongside the
leased property. Lessor shall not exercise its right to place advertising
materials on and/or alongside the leased property as referred to in the “General
Stipulations.” Lessor shall grant or deny written consent in conformity with
the policy pertaining thereto, to be established as appropriate by the steering
committee.

 

9.5            The following elements of Stipulations
9.2.1 and 9.2.4 of the “General Stipulations” are considered altered:

 

(i)                  the following is added to the
stipulation under 9.2.1 (c): “insofar as mounted on the interior of the leased
property and subject to renovation owing to normal wear and tear”;

(ii)               the following is added to the
stipulation under 9.2.1 (d): “subject to renovation owing to normal wear and
tear”;

(iii)            in the stipulation under 9.2.1 (g), the
parentheses around “and renovation of small components” are disregarded;

(iv)           in the stipulation under 9.2.4, the phrase “and
the cleaning of ventilation conduits is disregarded.”

 

 

6

 

Costs of maintenance, repair, and renovation that are not borne by
Lessee pursuant to the stipulations of (i) through (iv) shall be borne by
Lessor.

 

9.6            Notwithstanding the provisions of
Stipulation 5.1 of the “General Stipulations,” with respect to the so-called
user-specific investments made by Lessor on behalf of Lessee as further
specified in Annex 7 to the present agreement, the interest and repayment of
principal on said user-specific investments shall be paid by Lessee in the form
of an annual payment over the term of the present agreement, due each January 1,
of €223,871, this being the annual annuity for interest and repayment of
principal for said user-specific investments calculated with a term of 15 years
and an interest rate of 7% per annum paid in arrears. At the end of the present
leasing agreement, unless Lessor is at fault for termination, the cash value —
calculated at an interest rate of 7% per annum paid in arrears — of the
remaining annual annuities — over the period of 15 years after the date of
delivery — shall be payable immediately and in full by Lessee to Lessor. If a
subsequent owner or lessee wishes to retain user-specific investments in the
leased property, Lessee’s obligation to remove user-specific investments at the
end of the leasing agreement expires and any compensation paid for them by the
subsequent owner or lessee shall be for the benefit of Lessee.

 

9.7            The present agreement supersedes all prior
arrangements made between Lessee and Lessor with respect to the subject matter
of the present agreement (including all appurtenant annexes).

 

Made and subscribed in duplicate

 

	
  Place:

  	
   

  	
   

  	
   

  	
  Place: Eindhoven

  
	
  Date:

  	
   

  	
   

  	
   

  	
  Date: 9-26-2002

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Philips Semiconductors B.V.

  	
   

  	
   

  	
   

  	
  Philips Electronics Nederland B.V.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  [signature]

  	
   

  	
   

  	
   

  	
  [signature]

  
	
   

  	
   

  	
   

  
	
  J. Lobbezoo

  	
  T. Claasen

  	
   

  	
  J. Wilkes

  	
   

  	
  C.H.I. van der Linden

  
								

 

 

7

 

Annexes

1.                    General Stipulations

2.                    Site plan & other plans for the
leased property

3.                    Model agreement as referred to in
Sec. 1.3 of the Appendix

4.                    Copy of Sec. 27.1 of the Master
Lease

5.                    VAT stipulations

6.                    Appendix as referred to in Sec. 2.1
(ii) of the present agreement

7.                    List of user-specific investments
as referred to in Sec. 9.6 of the present agreement

 

 

8

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