Letter Of Appointment Of Independent Director Page 3
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126. Conflict of Interest
It is accepted and acknowledged that you may have business interests other than those of the
Company. As a condition to your appointment commencing, you are required to declare any such
directorships, appointments and interests to the Board in writing in the prescribed form at the
time of your appointment.
In the event that your circumstances seem likely to change and might give rise to a conflict of
interest or, when applicable, circumstances that might lead the Board to revise its judgment that
you are independent, this should be disclosed to both the Chairman and the Secretary.
7. Confidentiality
All information acquired during your appointment is confidential to HSIL and should not be
released, either during your appointment or following termination (by whatever means) to third
parties without prior clearance from the Chairman unless required by law or by the rules of any
stock exchange or regulatory body. On reasonable request, you shall surrender any documents
and other materials made available to you by HSIL.
Your attention is also drawn to the requirements under the applicable regulations and the HSIL
Share Dealing Code which concern the disclosure of price sensitive information and dealing in
the securities of HSIL. Consequently you should avoid making any statements or performing any
transactions that might risk a breach of these requirements without prior clearance from the
Chairman or the Secretary.
8. Evaluation
The Company will carry out an evaluation of the performance of the Board as a whole, Board
Committees and Directors. Your appointment and re-appointment on the Board shall be subject
to the outcome of the evaluation process.
6. Training & Development Programs
The Company shall conduct familiarization program to for its Independent Directors which may
be required to attend by all the Independent Directors of the Company.
9. Disclosure of Interest
You shall disclose material interest that in any transaction or arrangement that the Company has
entered into. Such interest should be disclosed no later than when the transaction or arrangement
comes up at a Board meeting so that the minutes may record your interest appropriately and our
records are updated. A general notice that you are interested in any contracts with a particular
person, firm or company is acceptable.
10. Termination
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