THE EXECUTIVE; PROVIDED, HOWEVER,
THAT WITH RESPECT TO THE EXECUTIVE'S INCENTIVE BONUS FOR THE CORPORATION'S
FISCAL YEAR ENDING JUNE 30, 2008, SUCH BONUS SHALL BE PRORATED BASED ON THE
NUMBER OF DAYS BETWEEN THE COMMENCEMENT DATE AND JUNE 30, 2008.
ANY INCENTIVE
BONUS PAYABLE TO THE EXECUTIVE WITH RESPECT TO A FISCAL YEAR SHALL BE PAID AS
SOON AS REASONABLY PRACTICABLE AFTER THE LAST DAY OF SUCH FISCAL YEAR (AND IN
ALL EVENTS IN THE SAME CALENDAR YEAR AS THE YEAR IN WHICH SUCH FISCAL YEAR
ENDS).
3.3
SIGNING BONUS.
IN THE EVENT THAT (1) ANY OF
(I) EXECUTIVE'S NOTICE TO AMKOR TECHNOLOGY, INC. (THE "FORMER EMPLOYER") OR
FORMER EMPLOYER OTHERWISE ACQUIRING NOTICE OF THE EXECUTIVE'S APPOINTMENT TO THE
BOARD OR INTENTION TO ACCEPT EMPLOYMENT WITH THE CORPORATION, (II) PUBLIC
ANNOUNCEMENT OF EXECUTIVE'S APPOINTMENT TO THE BOARD OR INTENTION TO ACCEPT
EMPLOYMENT WITH THE CORPORATION, OR (III) COMMENCEMENT OF EXECUTIVE'S SERVICE AS
A MEMBER OF THE BOARD OR EMPLOYMENT WITH THE CORPORATION OCCURS BEFORE THE TIME
OF PAYMENT OF THE FORMER EMPLOYER'S EXECUTIVE BONUSES FOR ITS 2007 FISCAL YEAR
GENERALLY AND (2) THE FORMER EMPLOYER DOES NOT PAY THE EXECUTIVE A BONUS WITH
RESPECT TO THE FORMER EMPLOYER'S 2007 FISCAL YEAR OR PAYS THE EXECUTIVE A BONUS
WITH RESPECT TO SUCH FISCAL YEAR OF LESS THAN FIVE HUNDRED AND SEVENTY FIVE
THOUSAND DOLLARS ($575,000), THE EXECUTIVE WILL BE ENTITLED TO RECEIVE A
ONE-TIME SIGNING BONUS FROM THE CORPORATION (THE "SIGNING BONUS") EQUAL TO
DIFFERENCE BETWEEN FIVE HUNDRED AND SEVENTY FIVE THOUSAND DOLLARS ($575,000) AND
THE AMOUNT OF SUCH BONUS PAID BY THE FORMER EMPLOYER TO THE EXECUTIVE WITH
RESPECT TO SUCH FISCAL YEAR.
(FOR PURPOSES OF CLARITY, THE ENTITLEMENT TO A
SIGNING BONUS WILL BE DETERMINED BASED ON GROSS BONUS AMOUNTS DETERMINED BEFORE
GIVING EFFECT TO TAX WITHHOLDING AND OTHER AUTHORIZED DEDUCTIONS, BUT ANY
PAYMENT OF THE SIGNING BONUS ITSELF WILL BE SUBJECT TO REQUIRED TAX
WITHHOLDING.)
IF THE EXECUTIVE IS ENTITLED TO A SIGNING BONUS, THE CORPORATION
SHALL PAY SUCH BONUS TO THE EXECUTIVE NOT LATER THAN DECEMBER 31, 2008.
THE
EXECUTIVE AGREES TO USE HIS REASONABLE EFFORTS TO OBTAIN FROM THE FORMER
EMPLOYER THE FULL AMOUNT OF HIS BONUS FOR THE FORMER EMPLOYER'S 2007 FISCAL
YEAR.
3.4
EQUITY INCENTIVE AWARDS.
THE COMPENSATION
COMMITTEE SHALL APPROVE THE GRANT TO THE EXECUTIVE OF THE FOLLOWING AWARDS UNDER
THE CORPORATION'S 2000 INCENTIVE PLAN, AS AMENDED (THE "PLAN"), SUCH AWARDS TO
BE GRANTED NO LATER THAN THE LATER OF THE COMMENCEMENT DATE OR THE DATE THAT IS
THE THIRD TRADING DAY ON THE NEW YORK STOCK EXCHANGE THAT FOLLOWS THE DAY ON
WHICH THE CORPORATION IS CURRENT IN ITS FINANCIAL STATEMENT REPORTING
OBLIGATIONS TO THE SECURITIES AND EXCHANGE COMMISSION (WHICH IS CURRENTLY
EXPECTED TO BE WHEN THE CORPORATION FILES ITS ANNUAL REPORT ON FORM 10-K FOR ITS
FISCAL YEAR ENDED JUNE 30, 2007, BUT WOULD BE EXTENDED UNTIL THE THIRD TRADING
DAY FOLLOWING THE FILING OF ANY THEN PAST DUE REPORT FOR A SUBSEQUENT FISCAL
QUARTER AND THE AMENDMENT OF ANY INCOMPLETE