Document:

Form of Change In Control Severance Agreement

 Exhibit 4.52 
 FORM OF CHANGE IN CONTROL SEVERANCE AGREEMENT 
 THIS AGREEMENT is entered into as of the
     day of             , 2008 by and between ChipMOS TECHNOLOGIES (Bermuda) LTD., a company organized under the laws of Bermuda (the
“Company”), and                      (“Executive”). 
 W I T N E S S E T H 
 WHEREAS, the Company
considers the establishment and maintenance of a sound and vital management to be essential to protecting and enhancing the best interests of the Company and its shareholders; and 
 WHEREAS, the Company recognizes that, as is the case with many publicly held corporations, the possibility of a change in control may arise and that such
possibility may result in the departure or distraction of management personnel to the detriment of the Company and its shareholders; and 
 WHEREAS, the Board (as defined in Section 1) has determined that it is in the best interests of the Company and its shareholders to secure Executive’s continued services and to ensure Executive’s continued dedication to his
duties in the event of any threat or occurrence of a Change in Control (as defined in Section 1) of the Company; and 
 WHEREAS, the
Board has authorized the Company to enter into this Agreement. 
 NOW, THEREFORE, for and in consideration of the premises and the mutual
covenants and agreements herein contained, the Company and Executive hereby agree as follows: 
 1. Definitions. As used in this
Agreement, the following terms shall have the respective meanings set forth below: 
 (a) “Board” means the Board of
Directors of the Company. 
 (b) “Bonus Amount” means in NTD the average annual incentive bonus earned by
Executive from the Company (or its affiliates) of the last three (3) completed fiscal years of the Company ( in which year such bonus was paid) immediately preceding Executive’s Date of Termination (annualized in the event Executive was
not employed by the Company (or its affiliates) for the whole of any such fiscal year). 
 (c) “Cause” means
(i) the willful and continued failure of Executive to perform substantially his duties with the Company (other than any such failure resulting from Executive’s incapacity due to physical or mental illness or any such failure subsequent to
Executive being delivered a Notice of Termination without Cause by the Company or delivering a Notice of Termination for Good Reason to the Company) after a written demand for substantial performance is delivered to Executive by the Board which
specifically 

 
identifies the manner in which the Board believes that Executive has not substantially performed Executive’s duties, or (ii) the willful engaging
by Executive in illegal conduct or gross misconduct which is demonstrably and materially injurious to the Company or its affiliates. For purpose of this paragraph (c), no act or failure to act by Executive shall be considered
“willful” unless done or omitted to be done by Executive in bad faith and without reasonable belief that Executive’s action or omission was in the best interests of the Company or its affiliates. Any act, or failure to act, based upon
authority given pursuant to a resolution duly adopted by the Board, based upon the advice of counsel for the Company shall be conclusively presumed to be done, or omitted to be done, by Executive in good faith and in the best interests of the
Company. Cause shall not exist unless and until the Company has delivered to Executive a copy of a resolution duly adopted by three-quarters (3/4) of the entire Board (excluding Executive if Executive is a Board member) at a meeting of the
Board called and held for such purpose (after reasonable notice to Executive and an opportunity for Executive, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board an event set forth in
clauses (i) or (ii) has occurred and specifying the particulars thereof in detail. The Company must notify Executive of any event constituting Cause within ninety (90) days following the Company’s knowledge of its existence or
such event shall not constitute Cause under this Agreement. 
 (d) “Change in Control” means the occurrence of any
one of the following events: 
 (i) any “person” (as such term is defined in Section 3(a)(9) of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”) and as used in Sections 13(d)(3) and 14(d)(2) of the Exchange Act) is or becomes a “beneficial owner” (as defined in Rule 13d-3 under the Exchange
Act), directly or indirectly, of securities of the Company representing 50% or more of the combined voting power of the Company’s then outstanding securities eligible to vote for the election of the Board (the “Company Voting
Securities”); provided, however, that the event described in this paragraph (i) shall not be deemed to be a Change in Control by virtue of any of the following acquisitions: (A) by the Company or any of its subsidiaries,
(B) by any employee benefit plan sponsored or maintained by the Company or any of its subsidiaries, or (C) by any person approved in advance to acquire such amount of Company’s voting securities by the Board, a majority of whom are,
and have been, Incumbent Directors (as defined below) for at least two years; 
 (ii) during any period of not more than two
years, individuals who constitute the Board as of the beginning of the period (the “Incumbent Directors”) cease for any reason to constitute at least a majority of the Board, provided that any person becoming a director subsequent to the
beginning of the period whose election or nomination for election was approved by a vote (either by a specific vote or by approval of the proxy statement of the Company in which such person is named as a nominee for director, without objection to
such nomination) of at least two-thirds of the Incumbent Directors who remain on the Board, 

  

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including those directors whose election or nomination for election was previously so approved, shall also be deemed to be an Incumbent Director; provided,
however, that no individual initially elected or nominated as a director of the Company as a result of an actual or threatened election contest with respect to directors or any other actual or threatened solicitation of proxies or consents by or on
behalf of any person other than the Board shall be deemed to be an Incumbent Director; 
 (iii) the consummation of a merger,
consolidation, share exchange or similar form of corporate reorganization of the Company (or any such type of transaction involving the Company or any of its subsidiaries that requires the approval of the Company’s shareholders, whether for the
transaction or the issuance of securities in the transaction or otherwise) (a “Business Combination”), unless such Business Combination is approved in advance by the Board, a majority of whom are, and have been, Incumbent Directors for at
least two years; or 
 (iv) the shareholders of the Company approve a plan of complete liquidation or dissolution of the
Company or the sale of all or substantially all of its assets. 
 (e) “Date of Termination” means (i) the
effective date on which Executive’s employment by the Company terminates as specified in a prior written notice by the Company or Executive, as the case may be, to the other, delivered pursuant to Section 10 or (ii) if
Executive’s employment by the Company terminates by reason of death, the date of death of Executive. 
 (f)
“Disability” means termination of Executive’s employment by the Company due to Executive’s absence from Executive’s duties with the Company on a full-time basis for at least one hundred eighty (180) days
in any two hundred seventy (270) day period as a result of Executive’s incapacity due to physical or mental illness. 
 (g)
“Good Reason” means, without Executive’s express written consent, the occurrence of any of the following events after a Change in Control: 
 (i) (A) any change in the duties or responsibilities (including reporting responsibilities) of Executive that is inconsistent in any
material and adverse respect with Executive’s position(s), duties, responsibilities or status with the Company immediately prior to such Change in Control (including any material and adverse diminution of such duties or responsibilities) ;
provided, however, that Good Reason shall not be deemed to occur upon a change in duties or responsibilities (other than reporting responsibilities) that is solely and directly a result of the Company no longer being a publicly traded entity and
does not involve any other event set forth in this paragraph (g) or (B) a material and adverse change in Executive’s titles or offices (including, if applicable, membership on the Board) with the Company as in effect immediately prior
to such Change in Control; 
  

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 (ii) a reduction by the Company in Executive’s rate of annual base salary or annual
target bonus opportunity (including any material and adverse change in the formula for such annual bonus target) as in effect immediately prior to such Change in Control or as the same may be increased from time to time thereafter; 
 (iii) any requirement of the Company that Executive (A) be based anywhere more than one month from the office where Executive is
located at the time of the Change in Control or (B) travel on Company business to an extent substantially greater than the travel obligations of Executive immediately prior to such Change in Control; 
 (iv) the failure of the Company to (A) continue in effect any employee benefit plan, compensation plan, welfare benefit plan or
material fringe benefit plan in which Executive is participating immediately prior to such Change in Control or the taking of any action by the Company which would adversely affect Executive’s participation in or reduce Executive’s
benefits under any such plan, unless Executive is permitted to participate in other plans providing Executive with substantially equivalent benefits in the aggregate (at substantially equivalent cost with respect to welfare benefit plans), or
(B) provide Executive with paid vacation in accordance with the most favorable vacation policies of the Company and its affiliated companies as in effect for Executive immediately prior to such Change in Control, including the crediting of all
service for which Executive had been credited under such vacation policies prior to the Change in Control; 
 (v) any refusal
by the Company to continue to permit Executive to engage in activities not directly related to the business of the Company which Executive was permitted to engage in prior to the Change in Control; 
 (vi) any purported termination of Executive’s employment which is not effectuated pursuant to Section 10(b) (and which will not
constitute a termination hereunder); or 
 (vii) the failure of the Company to obtain the assumption (and, if applicable,
guarantee) agreement from any successor (and Parent Corporation) as contemplated in Section 9(b). 
 An isolated, insubstantial and
inadvertent action taken in good faith and which is remedied by the Company within ten (10) days after receipt of notice thereof given by Executive shall not constitute Good Reason. Executive’s right to terminate employment for Good Reason
shall not be affected by Executive’s incapacities due to mental or physical illness and Executive’s continued employment shall not constitute consent to, or a waiver of rights with respect to, any event or condition constituting Good
Reason; provided, however, that Executive must provide notice of termination of employment within ninety (90) days following Executive’s knowledge of an event constituting Good Reason or such event shall not constitute Good Reason under
this Agreement. 
  

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 (h) “Qualifying Termination” means a termination of Executive’s employment
(i) by the Company other than for Cause or (ii) by Executive for Good Reason (or on account of death after the delivery of a valid notice of termination without Cause or for Good Reason). Termination of Executive’s employment on
account of death (other than death after the delivery of a valid notice of termination without Cause or for Good Reason), Disability or Retirement shall not be treated as a Qualifying Termination. 
 (i) “Retirement” means Executive’s mandatory retirement (not including any mandatory early retirement) in accordance with
the Company’s retirement policy generally applicable to its salaried employees, as in effect immediately prior to the Change in Control, or in accordance with any retirement arrangement established with respect to Executive with
Executive’s written consent. 
 (j) “Subsidiary” means any corporation or other entity in which the Company has
a direct or indirect ownership interest of 50% or more of the total combined voting power of the then outstanding securities or interests of such corporation or other entity entitled to vote generally in the election of directors or in which the
Company has the right to receive 50% or more of the distribution of profits or 50% of the assets or liquidation or dissolution. 
 (k)
“Termination Period” means the period of time beginning with a Change in Control and ending two (2) years following such Change in Control. Notwithstanding anything in this Agreement to the contrary, if
(i) Executive’s employment is terminated prior to a Change in Control for reasons that would have constituted a Qualifying Termination if they had occurred following a Change in Control; (ii) Executive reasonably demonstrates that
such termination (or Good Reason event) was at the request of a third party who had indicated an intention or taken steps reasonably calculated to effect a Change in Control; and (iii) a Change in Control involving such third party (or a party
competing with such third party to effectuate a Change in Control) does occur, then for purposes of this Agreement, the date immediately prior to the date of such termination of employment or event constituting Good Reason shall be treated as a
Change in Control. For purposes of determining the timing of payments and benefits to Executive under Section 4, the date of the actual Change in Control shall be treated as Executive’s Date of Termination under Section 1(e), and for
purposes of determining the amount of payments and benefits to Executive under Section 4, the date Executive’s employment is actually terminated shall be treated as Executive’s Date of Termination under Section 1(e). 

2. Obligation of Executive. In the event of a tender or exchange offer, proxy contest, or the execution of any agreement which, if consummated,
would constitute a Change in Control, Executive agrees not to voluntarily leave the employ of the Company, other than as a result of Disability, retirement or an event which would constitute Good Reason if a Change in Control had occurred, until the
Change in Control occurs or, if earlier, such tender or exchange offer, proxy contest, or agreement is terminated or abandoned. 
  

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 3. Term of Agreement. This Agreement shall be effective on the date hereof and shall continue in
effect until the Company shall have given one year written notice of cancellation; provided, that, notwithstanding the delivery of any such notice, this Agreement shall continue in effect for a period of two (2) years after a Change in Control,
if such Change in Control shall have occurred during the term of this Agreement. Notwithstanding anything in this Section to the contrary, this Agreement shall terminate if Executive or the Company terminates Executive’s employment prior to a
Change in Control except as provided in Section 1(k). 
 4. Payments Upon Termination of Employment. 
 (a) Qualifying Termination. If during the Termination Period the employment of Executive shall terminate pursuant to a Qualifying Termination, then
the Company shall provide to Executive: 
 (i) within ten (10) days following the Date of Termination a lump-sum cash
amount equal to the sum of (A) Executive’s base salary through the Date of Termination and any bonus amounts which have become payable, to the extent not theretofore paid or deferred, (B) a pro rata portion of Executive’s annual
bonus for the fiscal year in which Executive’s Date of Termination occurs in an amount at least equal to (x) Executive’s Bonus Amount, multiplied by (y) a fraction, the numerator of which is the number of days in the fiscal year
in which the Date of Termination occurs through the Date of Termination and the denominator of which is three hundred sixty-five (365), and reduced by (z) any amounts paid from the Company’s annual incentive plan for the fiscal year in
which Executive’s Date of Termination occurs and (C), any compensation previously deferred by Executive other than pursuant to a tax-qualified plan (together with any interest and earnings thereon) and any accrued vacation pay, in each case to
the extent not theretofore paid; plus 
 (ii) within ten (10) days following the Date of Termination, a lump-sum cash
amount equal to an amount as determined in Table 1 
 (b) Qualifying Termination. If during the Termination Period the employment of
Executive shall terminate pursuant to a Qualifying Termination, then the Company shall continue to provide, for a period commensurate with the severance multiple indicated in Table 1 following Executive’s Date of Termination, Executive (and
Executive’s dependents, if applicable) with the same level of medical, dental, accident, disability and life insurance benefits upon substantially the same terms and conditions (including contributions required by Executive for such benefits)
as existed immediately prior to Executive’s Date of Termination (or, if more favorable to Executive, as such benefits and terms and conditions existed immediately prior to the Change in Control); provided, that, 

  

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if Executive cannot continue to participate in the Company plans providing such benefits, the Company shall otherwise provide such benefits on the same
after-tax basis as if continued participation had been permitted. Notwithstanding the foregoing, in the event Executive becomes reemployed with another employer and becomes eligible to receive welfare benefits from such employer, the welfare
benefits described herein shall be secondary to such benefits during the period of Executive’s eligibility, but only to the extent that the Company reimburses Executive for any increased cost and provides any additional benefits necessary to
give Executive the benefits provided hereunder. 
 (c) Non-Qualifying Termination. If during the Termination Period the employment of
Executive shall terminate other than by reason of a Qualifying Termination, then the Company shall pay to Executive within thirty (30) days following the Date of Termination, a lump-sum cash amount equal to the sum of (i) Executive’s
base salary through the Date of Termination and any bonus amounts which have become payable, to the extent not theretofore paid or deferred, and (ii) any compensation previously deferred by Executive other than pursuant to a tax-qualified plan
(together with any interest and earnings thereon) and any accrued vacation pay, in each case to the extent not theretofore paid. The Company may make such additional payments, and provide such additional benefits, to Executive as the Company and
Executive may agree in writing. 
 5. Certain Additional Payments by the Company 
 (a) Anything in this Agreement to the contrary notwithstanding, in the event it shall be determined that any payment, award, benefit or distribution (or
any acceleration of any payment, award, benefit or distribution) by the Company (or any of its affiliated entities) or any entity which effectuates a Change in Control (or any of its affiliated entities) to or for the benefit of Executive (whether
pursuant to the terms of this Agreement or otherwise, but determined without regard to any additional payments required under this Section 5) (the “Payments”) would be subject to tax under the income, excise or other tax
laws of the Republic of China, the People’s Republic of China, the Hong Kong SAR or any other jurisdiction, as applicable (the “Applicable Tax Laws”), or any interest or penalties are incurred by Executive with respect
to such taxes (such taxes, together with any such interest and penalties, are hereinafter collectively referred to as the “Income Tax”), then the Company shall pay to Executive an additional payment (a “Gross-Up
Payment”) in an amount such that after payment by Executive of all Income Taxes imposed upon the Gross-Up Payment, Executive retains an amount of the Gross-Up Payment equal to the sum of (x) the Income Tax imposed upon the Payments
and (y) the product of any deductions disallowed because of the inclusion of the Gross-Up Payment in Executive’s adjusted gross income and the highest applicable marginal rate of income taxation for the calendar year in which the Gross-Up
Payment is to be made. For purposes of determining the amount of the Gross-Up Payment, the Executive shall be deemed to pay Income Taxes at the highest marginal rates of income taxation for the calendar year in which the Gross-Up Payment is to be
made. 
 (b) Subject to the provisions of Section 5(a), all determinations required to be made under this Section 5, including
whether and when a Gross-Up Payment is required, the amount of such Gross-Up Payment, the amount of any Option Redetermination (as 

  

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defined below) and the assumptions to be utilized in arriving at such determinations, shall be made by the public accounting firm that is retained by the
Company as of the date immediately prior to the Change in Control (the “Accounting Firm”) which shall provide detailed supporting calculations both to the Company and Executive within fifteen (15) business days of the
receipt of notice from the Company or the Executive that there has been a Payment, or such earlier time as is requested by the Company (collectively, the “Determination”). Notwithstanding the foregoing, in the event
(i) the Board shall determine prior to the Change in Control that the Accounting Firm is precluded from performing such services under applicable auditor independence rules, (ii) the Audit Committee of the Board determines that it does not
want the Accounting Firm to perform such services because of auditor independence concerns or (iii) the Accounting Firm is serving as accountant or auditor for the individual, entity or group effecting the Change in Control, the Board shall
appoint another internationally recognized public accounting firm to make the determinations required hereunder (which accounting firm shall then be referred to as the Accounting Firm hereunder). All fees and expenses of the Accounting Firm shall be
borne solely by the Company and the Company shall enter into any agreement requested by the Accounting Firm in connection with the performance of the services hereunder. The Gross-Up Payment under this Section 5 with respect to any Payments
shall be made no later than thirty (30) days following such Payment. If the Accounting Firm determines that no Income Tax is payable by Executive, it shall furnish Executive with a written opinion to such effect, and to the effect that failure
to report the Income Tax, if any, on Executive’s applicable Income Tax returns will not result in the imposition of a negligence or similar penalty. The Determination by the Accounting Firm shall be binding upon the Company and Executive. As a
result of the uncertainty in the application of the Applicable Tax Laws at the time of the Determination, it is possible that Gross-Up Payments which will not have been made by the Company should have been made
(“Underpayment”) or Gross-Up Payments are made by the Company which should not have been made (“Overpayment”), consistent with the calculations required to be made hereunder. In the event that the
Executive thereafter is required to make payment of any Income Tax or additional Income Tax, the Accounting Firm shall determine the amount of the Underpayment that has occurred and any such Underpayment (together with interest at the rate provided
in the Applicable Tax Laws) shall be promptly paid by the Company to or for the benefit of Executive. In the event the amount of the Gross-Up Payment exceeds the amount necessary to reimburse the Executive for his or her Income Tax, the Accounting
Firm shall determine the amount of the Overpayment that has been made and any such Overpayment (together with interest at the rate provided in the Applicable Tax Laws) shall be promptly paid by Executive (to the extent he or she has received a
refund if the applicable Income Tax has been paid) to or for the benefit of the Company. Executive shall cooperate, to the extent his or her expenses are reimbursed by the Company, with any reasonable requests by the Company in connection with any
contests or disputes with the relevant government agency in connection with the Income Tax. 
  

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 6. Withholding Taxes. The Company may withhold from all payments due to Executive (or his
beneficiary or estate) hereunder all taxes which, by applicable law, the Company is required to withhold therefrom. 
 7. Reimbursement of
Expenses. If any contest or dispute shall arise under this Agreement involving termination of Executive’s employment with the Company or involving the failure or refusal of the Company to perform fully in accordance with the terms hereof,
the Company shall reimburse Executive, on a current basis, for all reasonable legal fees and expenses, if any, incurred by Executive in connection with such contest or dispute (regardless of the result thereof), together with interest in an amount
equal to the average prime rate of major banks in the ROC from time to time in effect, but in no event higher than the maximum legal rate permissible under applicable law, such interest to accrue from the date the Company receives Executive’s
statement for such fees and expenses through the date of payment thereof, regardless of whether or not Executive’s claim is upheld by a court of competent jurisdiction/arbitration panel. 
 8. Scope of Agreement. Nothing in this Agreement shall be deemed to entitle Executive to continued employment with the Company or its
Subsidiaries, and if Executive’s employment with the Company shall terminate prior to a Change in Control, Executive shall have no further rights under this Agreement (except as otherwise provided hereunder); provided, however, that any
termination of Executive’s employment during the Termination Period shall be subject to all of the provisions of this Agreement. 
 9.
Successors; Binding Agreement. 
 (a) This Agreement shall not be terminated by any Business Combination. In the event of any Business
Combination, the provisions of this Agreement shall be binding upon the Surviving Corporation, and such Surviving Corporation shall be treated as the Company hereunder. 
 (b) The Company agrees that in connection with any Business Combination, it will cause any successor entity to the Company unconditionally to assume (and for any Parent Corporation in such Business Combination to
guarantee), by written instrument delivered to Executive (or his beneficiary or estate), all of the obligations of the Company hereunder. Failure of the Company to obtain such assumption and guarantee prior to the effectiveness of any such Business
Combination that constitutes a Change in Control, shall be a breach of this Agreement and shall constitute Good Reason hereunder and shall entitle Executive to compensation and other benefits from the Company in the same amount and on the same terms
as Executive would be entitled hereunder if Executive’s employment were terminated following a Change in Control by reason of a Qualifying Termination. For purposes of implementing the foregoing, the date on which any such Business Combination
becomes effective shall be deemed the date Good Reason occurs, and shall be the Date of Termination if requested by Executive. 
 (c) This
Agreement shall inure to the benefit of and be enforceable by Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If Executive shall die while any amounts would be

  

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payable to Executive hereunder had Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the
terms of this Agreement to such person or persons appointed in writing by Executive to receive such amounts or, if no person is so appointed, to Executive’s estate. 
 10. Notice. (a) For purposes of this Agreement, all notices and other communications
required or permitted hereunder shall be in writing and shall be deemed to have been duly given when delivered or five (5) days after delivery to an internationally recognized courier service with instructions and all required payment for
overnight or 2nd day air delivery, addressed as follows: 
 If to the Executive: 
 Name: 
 Address: 
 If to the Company: 
 ChipMOS TECHNOLOGIES (Bermuda) LTD. 
 11F, No.3, Lane 91, Dongmei Road, Hsinchu 
 Taiwan, Republic of China 
 or to such other address as
either party may have furnished to the other in writing in accordance herewith, except that notices of change of address shall be effective only upon receipt. 
 (b)A written notice of Executive’s Date of Termination by the Company or Executive, as the case may be, to the other, shall (i) indicate the specific termination provision in this Agreement relied upon, (ii) to the extent
applicable, set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive’s employment under the provision so indicated and (iii) specify the termination date (which date shall be not
less than fifteen (15) (thirty (30), if termination is by the Company for Disability) nor more than sixty (60) days after the giving of such notice). The failure by Executive or the Company to set forth in such notice any fact or
circumstance which contributes to a showing of Good Reason or Cause shall not waive any right of Executive or the Company hereunder or preclude Executive or the Company from asserting such fact or circumstance in enforcing Executive’s or the
Company’s rights hereunder. 
 11. Full Settlement; Resolution of Disputes and Costs 
 (a) The Company’s obligation to make any payments provided for in this Agreement and otherwise to perform its obligations hereunder shall be in lieu
and in full settlement of all other severance payments to Executive under any other severance or employment agreement between Executive and the Company, and any severance plan of the Company. The Company’s obligations hereunder shall not be
affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against Executive or others. In no event shall Executive be obligated to seek other employment or take other action by way of
mitigation of the amounts payable to Executive under any of the provisions of this Agreement and, except as provided in Section 4(b), such amounts shall not be reduced whether or not Executive obtains other employment. 
  

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 (b) Any dispute or controversy arising under or in connection with this Agreement shall be settled
exclusively by arbitration under the Rules of Arbitration of the International Chamber of Commerce (“ICC”). The arbitration shall be the sole and exclusive forum for resolution of the dispute, controversy or claim, and the award shall be
final and binding. Judgment thereon may be entered by any court having jurisdiction. The number of arbitrators shall be three, each of whom shall be disinterested in the dispute, controversy or claim and shall be impartial and independent of any
party. Each party shall appoint one arbitrator, and the two so appointed shall choose a third arbitrator. If the arbitrators chosen by the parties cannot agree on the choice of the third arbitrator within a period of 30 days after both of them have
been appointed, then the third arbitrator shall be appointed by the ICC. The parties and the appointing authority may appoint from among the nationals of any country, whether or not a party is a national of that country. The place of arbitration
shall be in Taipei, the Republic of China. The arbitration shall be conducted in the English language and any foreign-language documents presented at such arbitration shall be accompanied by an English translation thereof. The arbitrators shall
state the reasons upon which the award is based. The content, existence and judgment of any arbitral proceeding hereunder shall be confidential. The Company shall bear all costs and expenses arising in connection with any arbitration proceeding
pursuant to this Section. 
 12. Employment with Subsidiaries. Employment with the Company for purposes of this Agreement shall
include employment with any Subsidiary. 
 13. Survival. The respective obligations and benefits afforded to the Company and Executive
as provided in Sections 4 (to the extent that payments or benefits are owed as a result of a termination of employment that occurs during the term of this Agreement), 5 (to the extent that Payments are made to Executive as a result of a Change
in Control that occurs during the term of this Agreement), 6, 7, 9(c) and 11 shall survive the termination of this Agreement. 
 14.
GOVERNING LAW; VALIDITY. THE INTERPRETATION, CONSTRUCTION AND PERFORMANCE OF THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE REPUBLIC OF CHINA WITHOUT REGARD TO THE PRINCIPLE OF
CONFLICTS OF LAWS. THE INVALIDITY OR UNENFORCEABILITY OF ANY PROVISION OF THIS AGREEMENT SHALL NOT AFFECT THE VALIDITY OR ENFORCEABILITY OF ANY OTHER PROVISION OF THIS AGREEMENT, WHICH OTHER PROVISIONS SHALL REMAIN IN FULL FORCE AND EFFECT.

 15. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed to be an original and all of which
together shall constitute one and the same instrument. 
  

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 16. Miscellaneous. No provision of this Agreement may be modified or waived unless such
modification or waiver is agreed to in writing and signed by Executive and by a duly authorized officer of the Company. No waiver by either party hereto at any time of any breach by the other party hereto of, or compliance with, any condition or
provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. Failure by Executive or the Company to insist upon strict
compliance with any provision of this Agreement or to assert any right Executive or the Company may have hereunder, including without limitation, the right of Executive to terminate employment for Good Reason, shall not be deemed to be a waiver of
such provision or right or any other provision or right of this Agreement. Except as otherwise specifically provided herein, the rights of, and benefits payable to, Executive, his estate or his beneficiaries pursuant to this Agreement are in
addition to any rights of, or benefits payable to, Executive, his estate or his beneficiaries under any other employee benefit plan or compensation program of the Company. 
 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by a duly authorized officer of the Company and Executive has executed this
Agreement as of the day and year first above written. 
  

	
	ChipMOS TECHNOLOGIES (Bermuda) LTD.
	
	  

	Name:
	Title:
	
	  

	[EXECUTIVE]

  

 -12-Southern Taiwan Science Park Administration Land Lease Agreement

 Exhibit 4.53 
 [English Translation] 
 Southern Taiwan Science Park Administration Land Lease Agreement

 Parties to this Lease Agreement: 
 Landlord: Southern
Taiwan Science Park Administration (“Party A”) 
 Tenant: ChipMOS TECHNOLOGIES INC. (“Party B”) 
 Whereas, Party B is a science park enterprise, research institution, incubator center, unit of authority or school as prescribed in Article 4, 8 or 9 of the Act for
Establishment and Administration of Science Parks, the Parties agree to enter into this Lease Agreement whereby Party A shall lease to Party B a parcel of land located in the Taiwan Science Park as set forth in Article 1 of this Lease Agreement (the
“Leased Land”) in accordance with the following terms and conditions: 
 Article 1 The Leased Land and the Rent 
  

																	
	 Location of the Leased Land
	  	The rent
per unit
NT$
(square
meter/per
month)	  	The
monthly
rent (NT$)	  	 Notes

	County	  	Town	  	Section	  	Sub-section	  	No.	  	The measure of area (square meter)	  		  		  	The measure of area and the rent set forth in this Lease Agreement is only for temporary. If those as set forth herein are different from the registered measure of area, the later shall prevail,
and the rent shall be recalculated accordingly.
	Tainan	  	Sinshih
Township	  	Sinke Section
	  		  	55-0	  	2000	  	19.96	  	39920	  	The parcel of land (No. 9) located at the north side of Tainan Science Park
	Total	  		  		  		  		  	2000	  	19.96	  	39920	  	

 Article 2 
 The term
of this Lease Agreement commences from June 1, 2006 to August 31, 2017. 
 The term of this Lease Agreement shall not exceed 20 years. 

The Parties may enter into a new agreement upon the expiration of this Lease Agreement. This Lease Agreement shall terminate if the Parties do not enter into a new
agreement upon expiration hereof and Party B shall by no means assert the continuation of the lease relationship or the indefinite lease. 
 Article 3

 As to the use of the Lease Land, Party B shall apply with Party A under the Regulations for the Zoning of the Land in Tainan Science Park and shall use
this Leased Land in accordance with applicable construction laws and regulations and shall not use the Leased Land for other purposes or leave the Leased Land unused. 
 Article 4 
 Party B shall be a science park enterprise, research institution, incubator center, unit of authority or
school as prescribed in Article 4, 8 or 9 of the Act for Establishment and Administration of Science Parks. This Lease Agreement shall be null and void if Party B does not accord with the foregoing qualifications. 
 Article 5 
 Party B shall neither sublease or lend to others all or
part of the Leased Land, nor change the intended use of the Leased Land or employ the Leased Land for any illegal use. 
 Article 6 
 From the effective date of this Lease Agreement, Party B shall, in accordance with the procedures of making rent payments as set forth by Party A, pay the monthly rent
calculated pursuant to Article 1 as well as the associated business tax to Party A. 
 In case Party B starts using the Leased Land with Party A’s
permission before the execution of this Lease Agreement, the rent shall be paid starting from the date of the actual use of the Lease Land by Party B. 
 Article 7 
 Party A may adjust the rent of the Leased Land from time to time in accordance with the relevant laws and regulations.

  

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 If the government assessed land price or the rent ratio of the national land approved by the Executive Yuan of the Leased
Land has to be adjusted, or based on other reasons the rent of the Leased Land has to be adjusted, the rent of the Leased Land shall adjust accordingly starting from the following month. Party B shall make up the rent deficits or be refunded of the
rent surplus for backward payments. 
 Article 8 
 In the
event that Party B fails to pay the rent pursuant to the schedule as set forth herein, Party B shall pay the punitive penalties in accordance with the following: 
  

	(1)	In case Party B is delay in payment for a period less than one month, the penalty shall be equivalent to two percent of the total amount of rent payable. 

 

	(2)	In case Party B is delay in payment for a period of one month or more but less than two months, the penalty shall be equivalent to five percent of the total amount of rent payable.

  

	(3)	In case Party B is delay in payment for a period of two months or more but less than three months, the penalty shall be equivalent to ten percent of the total amount of rent
payable. 

  

	(4)	In case Party B is delay in payment for a period of three months or more, the penalty shall be equivalent to fifteen percent of the total amount of rent payable.

 Article 9 
 Party B shall, before
constructing the building, based on the nature of its business and chemical materials to be used, take necessary preventive measures against the possible environmental hazards (e.g., malodor, noise, radiation, pollution, dazzle, convulsion) which
may be caused thereby, and provide Party A with the inspection data regarding the pollution of soil and groundwater of the Lease Land. Party B shall abide by the foregoing obligations before the contemplated cease or suspension of its business.
Party B shall also comply with the Waste Disposal Act, Air Pollution Control Act, Water Pollution Control Act, Soil and Groundwater Pollution Remediation Act, and other related laws and acts regarding pollution controlling matters, and shall be
responsible for the maintenance of the hygiene of the Leased Land. 
 Party B shall be responsible for the maintenance of the sanitation of the building
located on the Leased Land and that of the adjacent areas. 
 Article 10 
 In case Party B wants to use the groundwater, Party B shall file an application with Party A, and Party A shall forward such application to the competent authority for its further handling in accordance with the
Water-Conservancy Act. 
 Article 11 
 Party B shall, in
accordance with the construction plan submitted to Party A when applying the allocation of the Leased Land, complete the construction of the building in one single project, unless otherwise approved by Party A in advance based on justifiable
reasons. 
  

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 Party B shall construct the building based on the time frame provided in Party B’s construction plan approved by
Party A and obtain the usage license. In the event that Party B is unable to follow the scheduled time frame to complete the construction and obtain the usage license under justifiable reasons, Party B may in advance file an application with Party A
for the extension. However, such extension shall be limited to a one-year period. 
 Article 12 
 Party B shall, within three months after the execution date of this Lease Agreement, file the construction license application in accordance with the Building Code and
relevant laws and regulations as well as Party B’s construction plan submitted when applying for the allocation of the Leased Land. 
 Article 13

 For the purpose of virescence or the use of pedestrian sidewalk, Party B shall construct the building in a manner that it will have at least ten meters
setback from the outside of the sidewalk when the Leased Land is adjacent to a road of the width of thirty meters or more; if the Lease Land is adjacent to a road of the width of twenty meters or more, the building shall be constructed in a manner
that it will have at least eight meters setback from the outside of the sidewalk; if the Lease Land is adjacent to a road of the width of ten meters or more, the building shall be constructed in a manner that it will have at least six meters setback
from the outside of the sidewalk; if there is no road adjacent to the back and lateral sides of the building, the building shall have at least four meters setback from the boundaries of the Lease Land. 
 Article 14 
 Party B shall adopt fire-proof materials and structures
on the building constructed on the Lease Land and shall comply with the Architecture Technique Regulations in building air-raid facilities, and shall follow Party A’s instruction on the direction of the drive ways of the construction base.
Prior to the digging, Party B shall depict any and all route maps of the underground pipelines and attach such information when applying for the commencement of the construction. 
 Article 15 
 In case Party B, for the purpose of constructing the building on the Lease Land, has to dig the road,
drainage pipelines and other public facilities within the Science Park area, Party B shall apply with Party A in advance and deposit a bond; after the completion of the construction, Party B is obligated to restore the place. In case Party B delays
in restoration, Party A may confiscate the bond. 
 In case Party B needs to modify or construct additional public facilities, on or under the ground of the
Leased Land, Party B must apply for an admission in advance and Party A shall have full discretion to manage such construction and all the expenses resulting therefrom shall be borne by Party B. 
 Article 16 
 Party B shall, by using the diligence and care of a bona
fide administrator, maintain any and all public facilities on or under the ground of the Lease Land and shall be responsible for restoration and damages in case of destroy. 
  

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 Article 17 
 The
building constructed by Party B on the Lease Land shall be limited to the need of Party B’s own business use and shall only be used in accordance with the purpose as approved. Such building shall only be used by Party B and Party B has no right
to sublease or provide for other enterprises’ use. 
 Article 18 
 In case Party B intends to sublease, lend or transfer the building constructed by Party B on the Leased Land to any other person, Party B shall apply with Party A for an approval. The sublease, borrower or the
transferee is limited to one of those enterprises incorporated under the approval of the Science Park Administration. 
 The rent or transfer price of the
sublease or transfer as provided for in the preceding paragraph shall be approved by Party A. In addition, in the case of transfer, Party A is entitled to the preferential right to purchase the building on the same terms as are offered to any other
person in accordance with Article 104 of the Land Act. 
 Article 19 
 In case of any of the following, Party A may at any time notify Party B to terminate this Lease Agreement and reclaim the Lease Land without any refund of the rents already paid by Party B: 
  

	(1)	Party B is deprived of the qualification to either conduct business or provide service in the Science Park, or is ordered by Party A to evict the Science Park according to the
applicable laws or regulations; 

  

	(2)	In the event that Party B breaches Article 3, 9, 11, 13, 14, 15 or 16 of this Lease Agreement, and fails to cure such breach within a certain time period specified in the written
notice given by Party A; 

  

	(3)	The failure by Party B to pay the rent on time, and the delay has exceeded two (2) years; 

  

	(4)	Party B fails to submit the application of a construction license within three (3) months after the execution of this Lease Agreement, and after the notification of Party A
requesting Party B to file the application within a certain time period, Party B still fails to apply such license or the application filed by Party B does not comply with the laws, and such failure is not cured within a certain time period
specified by Party A; or 

  

	(5)	The failure by Party B to comply with Article 17 or 18 of this Lease Agreement. 

 During the term of this Lease Agreement, in case Party B plans not to use the Leased Land, Party B may early terminate this Lease Agreement by written notice to Party A; the termination shall take effect after receipt of the written notice
by Party A; provided that the termination shall take effect after the clean up and restoration of the Lease Land if there is any building or fixture which should be torn down and moved, or any objects left on the Leased Land or there is any
contaminated objects. Party B shall continuously pay the rents to Party A during the restoring period. 
  

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 Article 20 
 In case
there is any construction on the Leased Land or there is any change of the terrain features and this Lease Agreement has been confirmed as void or has been terminated, Party B is obligated to restore the Leased Land. However, if the construction or
the changes of the terrain features does not impede other person’s use, Party B shall be exempted from the restoration obligations after obtaining Party A’s consent. 
 Within six (6) months after the expiration or termination of this Lease Agreement, Party B shall transfer the building on the Lease Land in accordance with Article 18 of this Lease Agreement. Before the
completion of such transfer, Party B shall pay to Party A an indemnification equals to the amount of the agreed rent on a monthly basis. 
 Party B will be
held liable to the damages of Party A caused by the failure of Party B to transfer the building on time. In addition, Party A will be entitled to expropriate with compensation such building in accordance with the “Regulation for Expropriation
of Science Park’s Factory and Its Related Fixtures,” and Party B shall not object to such expropriation. 
 Article 21 
 This Lease Agreement shall become effective upon the execution by the Parties; provided, however, that if Party B starts using the Leased Land before the execution of
this Lease Agreement, this Lease Agreement shall become effective retroactively from the date on which Party A agrees Party B’s use of the Leased Land. 
 Article 22 
 This Lease Agreement shall be governed by the law of the Republic of China and the Parties agree that the Taiwan Tainan District
Court shall have the jurisdiction in the first instance for any dispute arises under this Lease Agreement. 
 Article 23 
 This Lease Agreement shall be executed in two counterparts, with each Party holding one counterpart as evidence. 
 By Southern Taiwan Science Park Administration 
 /s/ Chen Chun Wei 
 Representative: Chen Chun Wei 
 Address: No. 22, Nanke 3rd Rd., Sinshih Township, Tainan County 
 By ChipMOS TECHNOLOGIES INC. 
 /s/ Shih-Jye Cheng 
 Representative: Shih-Jye
Cheng 
 Address: No.1. R&D Rd. 1, Science Park, HsinChu 
 Joint guarantor: Shih-Jye Cheng 
 ID No. of the joint guarantor: J100769307 
 Address: No.1. R&D Rd. 1, Science Park, HsinChu 
 Date: June 1, 2007 
  

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