Credit Facilities Agreement between Super Micro Computer, Inc. Taiwan and CTBC Bank Co., Ltd.

Contract Categories: Business Finance › Credit Agreements
Summary

This agreement outlines the terms under which CTBC Bank Co., Ltd. provides various credit facilities to Super Micro Computer, Inc. Taiwan. The facilities include short-term loans, guarantees, and export loans totaling up to TWD 2.3 billion and USD 50 million, with specific interest rates, collateral requirements, and drawdown conditions. The agreement is effective from August 24, 2020, to August 31, 2021, and requires the BaDe factory as collateral for certain loans.

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EX-10.30 4 smci-ex1030_20210630x10k.htm EX-10.30 Document

EXHIBIT 10.30

PRIVATE & CONFIDENTIAL

24 August 2020

ATTENTION: SUPER MICRO COMPUTER, INC. TAIWAN

RE: The Summary of Credit Facilities

According to Super Micro's needs of bank facilities, CTBC BANK CO., LTD. has approved bank facilities and terms below:
Product TypeCredit Line AmountTenorInterest RateNotes
Short Term Loan / GuaranteeTWD700M/
TWD100M		1 YearI1(M)+0.25%/5% p.a.1. Collateral: BaDe factory
2. Guarantee line is included in Short Term Loan.
Short Term LoanTWD1,500M1 YearBargaining Rate1. Clean loan
2. Loan drawdown against TW local buyer's trade documents (P/Os or Invoices).
3. Drawdown Tenor: 180 Days
4. Up to 100% of invoice amount can be financed
Export O/A LoanUSD50M1 YearBargaining Rate1. Clean loan
2. Drawdown Tenor: 120 Days
3. O/A list is required upon drawdown.
4. Up to 100% of invoice amount can be financed.
5. O/A loan drawdown could be financed via TWD. (*
Total CapUSD50M

Bargaining Rate:
•I1+0.30%: repay by the end of each quarter (Mar31, Jun30, Sep30, Dec31)
•I1+0.50%: Drawdown cross quarter
COF: CTBC BANK's cost of USD fund.
I1: CTBC BANK's cost of TWD fund.


Collateral: BaDe factory: Mortgaged amount TWD1,160M.



中國僖託商業銀行 (股）公 司 CTBC Bank Co., Ltd.
11568 臺北市南港區經貿二路 168 號 No.168, Jingmao 2nd Rd., Nangang Dist., Taipei City 11568, Taiwan, R.O.C
Tel: 886-2-3327-7777




Terms:

•Facility availability: From 24 August 2020 to 31 August 2021


Yours Faithfully,
For and on behalf of
CTBC BANK CO., LTD.





































中國僖託商業銀行 (股）公 司 CTBC Bank Co., Ltd.
11568 臺北市南港區經貿二路 168 號 No.168, Jingmao 2nd Rd., Nangang Dist., Taipei City 11568, Taiwan, R.O.C
Tel: 886-2-3327-7777