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[Formosa Petrochemical] Announcement of Board Resolution to Waive Non-Compete Restrictions for Manager

NQ Score 46/100
N1 Content Completeness 10

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Formosa Petrochemical Corporation (FPCC) announced that its board of directors resolved to waive the non-compete restrictions for Senior Vice President Chen Chia-yi, allowing him to serve as a manager in companies with similar business operations.

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Frequently Asked Questions

Q: How long is the non-compete waiver valid?
A: It is valid from today until the executive leaves the position.