SHARE SWAP AGREEMENT between DIODES INCORPORATED and LITE-ON SEMICONDUCTOR CORP. Dated as of August 8, 2019Share Swap Agreement • August 9th, 2019 • Diodes Inc /Del/ • Semiconductors & related devices
WHEREAS, Buyer intends to implement a 100% share swap pursuant to Article 29 of the Taiwan Mergers and Acquisitions Act (the “M&A Act”) with the Company, whereby Buyer will designate a wholly-owned Subsidiary to acquire 100% of the issued and outstanding capital shares of the Company (the “Shares”) for such consideration as further described herein and on the terms and subject to the conditions set forth herein (the “Share Swap”), the Shares will be delisted from the TSE upon the Share Swap Record Date and, following the Share Swap Record Date, the public reporting status of the Company will be withdrawn;
