Delta Electronics (USA) Inc.

Agreement 0010588, filed with the Texas Comptroller by City of Plano, Texas.

$286,400,000.00committed capital investment

$5,873,000.00grant or incentive

December 31, 2037performance deadline

The obligation

What the contract requires.

“By December 31, 2037, and subject to Company maintaining its obligation described in Article III(a), (c), and (f), Company may create or transfer up to an additional 1,088 Full-Time Job Equivalents”Executed agreement, p. 4

“create and maintain up to 1,500 Full-Time Job Equivalents”Executed agreement, p. 1

“real property improvements that have a minimum taxable value of $286,400,000.00”Executed agreement, p. 1

The repayment remedy

What happens if it is not met.

“If any Event of Default, excluding an Event of Default under Section 4.03(a)(4) and (a)(5), occurs after Grant funds have been paid to the Company by the City, then Company shall repay to the City all Grant funds paid to it within thirty (30) days of written notice of default from the City.”Executed agreement, p. 7

Where a deadline above has passed, no public record exists of whether it was met — not in the Comptroller’s filings, nor in the local government’s own disclosures. That is not evidence of non-compliance. Texas requires nobody to record it.

Abatement schedule · 600,000 square feet of new manufacturing facilities and office space

What was abated, and for how long.

—Phase 1

—Phase 2

A local abatement waives only that taxing unit’s share of the property tax bill. School districts, counties, cities and hospital districts each sign separately.

Every field, as the contract states it

The record.

Field	Value & quoted source	Page
Granting body	City of Plano, Texasthe City of Plano, Texas (“City”), a home-rule municipal corporation	1
Contracting entity	Delta Electronics (USA) Inc.Delta Electronics (USA) Inc., a Delaware corporation (“Company”)	1
Parent / guarantor	Not stated in the agreement	—
Instrument	Economic Development Incentive AgreementECONOMIC DEVELOPMENT INCENTIVE AGREEMENT	1
Governing chapter	Chapter 380, Local Government CodeGov’T CODE §380.001 et seq.	—
Capital investment	$286,400,000.00real property improvements that have a minimum taxable value of $286,400,000.00	1
Grant or incentive	$5,873,000.00City agrees to provide the Company a grant of up to $5,873,000.00	4
Jobs committed	1,500 recital language, not a covenantcreate and maintain up to 1,500 Full-Time Job Equivalents	1
Wage requirement	Not stated in the agreement	—
Square footage	1,090,000Occupy a minimum of 1,090,000 square feet of manufacturing and office space	1
Acreage	fifty (50)approximately fifty (50) acre parcel located at Data Drive and Lotus Drive	1
Performance deadline	December 31, 2037By December 31, 2037, and subject to Company maintaining its obligation described in Article III(a), (c), and (f), Company may create or transfer up to an additional 1,088 Full-Time Job Equivalents	4
Expiration	December 31, 2043The term of this Agreement shall begin on the Commencement Date and continue for fifteen (15) years thereafter	3
Effective date	December 31, 2028“Commencement Date” shall mean December 31, 2028.	2
Signatory	Jtashien ChenDocuSigned by: Jtashien Chen	12
Chain status	Superseded by agreement 0014630	—

How to check this page

Every line above is in the contract.

Agreement 0010588 is filed with the Texas Comptroller. Pull the PDF, go to the page number beside any row, and read the sentence. If a figure here does not match the document, tell me and it is corrected the same day.

Where the contract says nothing, the field is left empty rather than filled with a guess.

One of 1,645

Which of these are on your book?

This is a single agreement. I have read 1,645 of the 4,428 Texas has filed, resolved which have been superseded, and recorded what each commits a company to.

Send me an entity and a county and I will tell you what is on it — quoted, page-cited, checked. Free for the first one.

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