exv10w5






Exhibit 10.5



[FRONT PAGE OF THE KUN-GUARANTEE]



Woori Bank must explain the material contents hereof to the Guarantor and
deliver the General Terms and Conditions for Bank Credit Transactions and a
copy of this Agreement to the Guarantor.




Kun-guarantee

(for Customer)




Date: May 24, 2010


*   As joint and several guarantee is a material legal action that may cause property loss, please
make a prudent decision after carefully reading in advance the contents of this Kun-guarantee (this
“Agreement”) and the “Matters That a Joint and Several Guarantor Must Know” set out on the reverse
page, and please fill in the parts with bold lines in the Guarantor’s own handwriting.




	 	 	 	 	 

	Joint and several guarantor:

	 	Amkor Technology, Inc. (signature)	 	 
	 

	 	Name: Joanne Solomon /s/ Joanne Solomon
	 	Seal Authenticity
	 

	 	 
	 	Verification
	Address: 1900 South Price Road, Chandler, Arizona 85248, U.S.A.	 	 






Agreement on Provision and Usage of Personal Credit Information




[intentionally deleted]


The joint and several guarantor (the “Guarantor”) hereby agrees that it will be responsible jointly
and severally with the Obligor for any and all obligations owed as of now or to be owed hereinafter
by the Obligor to Woori Bank (the “Bank”) to the extent set forth in Article 1, hereby approves
that the performance of this guarantee obligation shall be subject to each provision of the General
Terms and Conditions for Bank Credit Transactions and other transaction agreements on the following
guaranteed obligations that the Obligor has submitted to the Bank, and hereby acknowledges and
agrees to each of the following terms:




Article 1. Contents of Guaranteed Obligations



1.1 The Guarantor hereby undertakes the guarantee pursuant to the terms set forth below:




	 	 	 	 	 

	(1)

	 	Obligor’s name:
	 	Amkor Technology Korea, Inc.
	 

	 	 	 	Representative Director JooHo Kim
	 	 	Obligor’s address:	 	280-8, Sungsoo-dong 2-ga, Sungdong-gu, Seoul
	 
	 	 	 	 
	(2)	 	Scope of obligations guaranteed






Woori Bank




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	 	 	 	The Bank has explained to the Guarantor that the Guarantor may elect any one of the
following 3 types of guarantee, under which the scope of respective obligations guaranteed
varies from one another, and among them, the Guarantor hereby agrees to guarantee those
obligations (including interest, default interest, and any other ancillary obligations) as
set forth in





Specific kun-guarantee





	 	(i)	 	Specific kun-guarantee: all obligations owed by the Obligor to the Bank (head
office and branch offices), which are now existing or will exist hereinafter as a result
of the transactions under the following agreements (if the maturity date or transaction
period of any of the following agreements is extended with the Guarantor’s consent,
including such obligations):
	 
	 	 	 	-   Foreign currency credit facility agreement dated as of                                         ; and
	 
	 	 	 	-                                           agreement dated as of                                 
        
	 
	 	(ii)	 	Limited kun-guarantee: all obligations owed by the Obligor to the Bank (head
office and branch offices), which are now existing or will exist hereinafter as a result
of the following types of transaction:
	 
	 	 	 	-                                           transaction; and
	 
	 	 	 	-                                           transaction
	 
	 	(iii)	 	Comprehensive kun-guarantee: all following obligations owed by the Obligor to
the Bank (head office and branch offices), which are now existing or will exist
hereinafter:






	 	(a)	 	all obligations resulting from borrowings based on promissory notes,
borrowings based on certificates, borrowings based on overdraft accounts,
promissory note discounts, payment guarantees, factoring, transactions relating to
installment deposits for mutual aid (sanghobukeum), acquisition of corporate
bonds, lending of securities, foreign exchange transactions, and other credit
transactions;
	 
	 	(b)	 	all guarantee obligations with respect to any transaction set forth
in paragraph (a) above entered into with the creditor and a third party; and
	 
	 	(c)	 	all obligations under promissory notes or checks acquired by the
creditor as a result of any transaction set forth in paragraph (a) above entered
into with a third party.






	(3)	 	Maximum Kun-guarantee Amount





USD Two Hundred Thirty Four (234) Million





	(4)	 	Settlement Date of Kun-guarantee
	 
	 	 	The Bank has explained to the Guarantor that the Guarantor may elect any one





Woori Bank




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	 	 	of the following 3 types in determining the kun-guarantee settlement date, and
the Guarantor hereby elects the date determined in accordance with





Future Designation





	 	 	as the settlement date.






	 	(i)	 	Future Designation: The settlement date is not currently set. Three (3)
years after the date hereof, however, the Guarantor can designate the kun-guarantee
settlement date by giving written notice; provided that such designated settlement
date must be at least fourteen (14) days after the date on which the notice is
arrived, and if fewer days are left after the notice is arrived, then the settlement
date shall be the date falling on the 14th day after the date on which the notice is
arrived.
	 
	 	(ii)	 	Automatic Determination: The settlement date is not currently set. Three (3)
years after the date hereof, however, the Guarantor can designate the kun-guarantee
settlement date by giving written notice; provided that such designated settlement
date must be at least fourteen (14) days after the date on which the notice is
arrived, and if fewer days are left after the notice is arrived, then the settlement
date shall be the date falling on the 14th day after the date on which the notice is
arrived; provided further that if the Guarantor does not express any intention until
five (5) years have passed from the date hereof, then the settlement date shall be the
date falling on the fifth (5th) year after the date hereof.
	 
	 	(iii)	 	Designation: Year                     Month             Day                     




1.2 Of the obligations owed by the Obligor to the Bank, those guaranteed by any of the following
financial institutions or its equivalent shall be excluded from the scope of obligations guaranteed
under Section 1.1 (2):





	 	1.	 	Financial institutions under the Banking Act and banks under special laws;
	 
	 	2.	 	Credit guarantee funds under the Credit Guarantee Fund Act;
	 
	 	3.	 	Technology credit guarantee funds under the Act on Financial Support of New
Technology Business;
	 
	 	4.	 	Housing financing credit guarantee funds under the Act on Stability of
Workers’ Housing and Support for Accumulation of Large Sum Holdings;
	 
	 	5.	 	Incorporated guarantee insurance companies under the Insurance Business
Act; and
	 
	 	6.	 	Other institutions that issue guarantees under agreements with the Bank.





	 	 	 	 	 	 	 

	Article 2.

	 	Special Agreement
	 	Guarantor:
	 	(seal)





This Agreement shall be governed by and construed in accordance with the laws
of the Republic of Korea. Seoul District Court shall have jurisdiction over
any disputes arising from or in connection with this Agreement.




Woori Bank





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	Consultant

	 	Title:
	 	Name:                                          (seal)








 




			
	*	 	The Guarantor shall read the following and set out the Guarantor’s intent below in handwriting
based on fact. (Examples: 1. Received; 2. and 3. Heard)





	 	 	 

	1. Have you certainly received the General Terms and Conditions
for Bank Credit Transactions, other transaction agreements and a
copy of this Agreement?

	 	Received
	 
	 	 
	2. Have you been explained the material contents of the above
terms and conditions and in the front and reverse pages of this
Agreement?

	 	Heard
	 
	 	 
	3. Have you been explained the Obligor’s liability status, any
late payment, and the like?

	 	Heard






Woori Bank






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[REVERSE PAGE OF THE KUN-GUARANTEE]




Article 3. Restrictions on Set-off



The Guarantor shall not act against the Bank by setting off the relevant primary debt against any
of the Obligor’s deposit at and/or other claims/rights with respect to the Bank before such primary
debt becomes due or before the Guarantor must perform its/his/her guarantee obligation as a result
of pre-payment being required under Article 7 of the general terms and conditions for credit
transactions (in the case of corporate funds, including the occurrence of an event triggering a
promissory note repurchase request under Article 9).




Article 4. Relationship with Other Security • Guarantee Agreements



4.1 In case the Guarantor separately provides any collateral or guarantee in favor of the Bank with
respect to the same debt owed by the Obligor to the Bank, such collateral or guarantee, unless
agreed otherwise, shall not be changed by this Agreement and shall be applied cumulatively as being
separate from the guarantee obligation hereunder.



4.2 Notwithstanding 4.1 above, in case the Guarantor, pursuant to the request of the Bank concerned
about decrease in the value of a collateral or otherwise, guarantees jointly and severally the same
amount with respect to the same guaranteed obligation at the same time as such collateral is
provided, the other obligation shall be released if any one of them is performed in whole or part
to the extent of such performance.




Article 5. Change • Termination • Cancellation of Security, Etc.



The Bank may change, terminate or cancel other collaterals or guarantees as may be necessary for
the transaction if the Guarantor consents or if there is no adverse impact on claim enforcement
when the Guarantor subrogates such as, among others, substituting an existing collateral with a new
collateral of the same or higher value, replacing the Guarantor with a new guarantor of the same or
better qualification and ability, terminating or canceling the collateral or guarantee proportional
to the amount repaid in part.




Woori Bank





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