THIS AGREEMENT IS MADE on the 24th day of April 1997 One Thousand Nine Hundred and Ninety Seven
BETWEEN:
(1) FLEXTRONICS SINGAPORE PTE LIMITED, a Company incorporated in Singapore and having its business office at 514, Chai Chee Lane, 04-13, Singapore 469029 ("the Company") and
(2) Tsui Sung Lam of 69 Jalan Woodbridge, Singapore 799013 ("the Executive")
WHEREBY IT IS AGREED AS FOLLOWS:
SOURCE OF EMPLOYMENT
1. The Company shall employ the Executive and the Executive shall serve the Company as the President, Asia Pacific and in such capacity the Executive shall hold the office of the President, Asia Pacific for the period and upon and subject to the terms and conditions hereinafter contained.
2. As President, Asia Pacific of the Company the Executive shall devote his time, attention and skill substantially to the affairs of the Company and its subsidiaries and in the discharge of his duties hereunder:-
(i) in undertaking such duties and exercising such powers in relation to the Company and its business as the Board of Directors of the Company ("the Board") shall from time to time reasonably assign to or vest in him;
(ii) in the discharge of such duties and in the exercise of such powers conform to, observe and comply with all resolutions, regulations and directions from time to time made or given by the Board; and
(iii) undertake to do such other and additional work as may reasonably be requested of him and to perform such services for the Company, its subsidiaries and/or associated companies (collectively, the Group) as the Board may reasonably require from time to time.
3. In relation to Clause 2 (iii), the Executive shall also discharge the duties as President of Astron Technologies Ltd. ("Astron") and in this regard, shall discharge such duties and exercise such powers as the Board of Directors of the Company and the Board of Directors of Astron shall determine from time to time and in connection therewith the Executive shall be required to enter into a separate service agreement with Astron.
LOCATION
4. The Executive shall be based in Singapore (and his benefits under this Agreement shall be made available to him in Singapore unless otherwise directed by or on behalf of the Company), but shall be available to travel on the business of the Group to any other country for such periods of time as the Company may require. The Executive shall have the discretion to determine the travel schedule which is in the best interest of the Group.
5. Notwithstanding any other provision of this Agreement, it is agreed that any change of the location of the Executive's employment from Singapore for a period exceeding one month would require his prior approval.
1 2 OVERSEAS ACCOMMODATION
6. For so long as the location of the Executive's employment with the Group is in a country other than Singapore, the Company shall ensure that he is provided with suitable accommodation commensurate with his position in the Company. The Executive shall in addition be reimbursed for the cost of utilities at such accommodation to include reasonable public utilities, telephone charges and domestic service charges.
TERM OF AGREEMENT
7. This agreement and all the provision herein contained (either expressly or by implication shall come into force as from April 1, 1997 and shall continue for a term of 3 years and thereafter renewed with mutual consent for a period to be determined between the Company and the Executive subject to ear ...
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