Act of Establishment and Administration of Agricultural Technology Parks Article 15

A Park Enterprise shall be a company limited by shares or one of its branch offices established and organized in accordance with the Company Act or an equivalent foreign company recognized by the government of the Republic of China, and shall meet at least one of the following requirements:1.The Park Enterprise shall have the capacity for the research and development of agricultural technology, and have integrated product development plans;2.The Park Enterprise shall have the capacity for attracting and developing local talents in their processes of production or research and development of agricultural technology;3.The Park Enterprise shall establish a research and development department in agricultural technology; its investment into the research and development department must reach a certain percentage of the total revenue of the company; and the Park Enterprise shall have certain research equipment and facilities, as may be required by the Administration;4.The products of agricultural technology of a Park Enterprise shall have the potential for further development and innovation;5.Relevant agricultural technology researched, developed or applied by the Park Enterprise has been patented domestically or overseas; or6.The operation of the Park Enterprise shall comply with domestic agricultural policies and development, and shall contribute significantly to domestic economic or agricultural developments.If a Park Enterprise is not a company or a branch in the form as set forth in the preceding paragraph, it shall complete the company or branch registration with the Administration within six (6) months from the day of approval.