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Exhibit 10.8  

 
 

TECHWELL, INC.
  
    FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT    
    

        THIS FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT (the "Agreement") is made and entered into as of March 11, 2005 by and among
Techwell, Inc., a California corporation (the "Company"), the shareholders of the Company identified in Schedule A (each a "Shareholder" and collectively referred to herein as the
"Shareholders"), and those investors identified in Schedule B that (i) hold not less than 250,000 shares (as adjusted for stock splits, stock dividends, combinations, recapitalizations
and the like) of the Company's Series B Preferred Stock (the "Major B Investors"), (ii) hold not less than 150,000 shares (as adjusted for stock splits, stock dividends, combinations,
recapitalizations and the like) of the Company's Series C Preferred Stock (the "Major C Investors"), (iii) hold not less than 150,000 shares (as adjusted for stock splits, stock
dividends, combinations, recapitalizations and the like) of the Company's Series D Preferred Stock (the "Major D Investors"), (iv) hold not less than 150,000 shares (as adjusted for
stock splits, stock dividends, combinations, recapitalizations and the like) of the Company's Series E Preferred Stock and/or Series E-1 Preferred Stock (the "Major E
Investors", and collectively with the Major B Investors, the Major C Investors and the Major D Investors, the "Prior Investors"), or (v) hold not less than 150,000 shares (as adjusted for stock
splits, stock dividends, combinations, recapitalizations and the like) of the Company's Series F Preferred Stock (the "Major F Investors", and collectively with the Prior Investors, the
"Investors"); provided that for purposes of these calculations, any shares of Preferred Stock held by an affiliate, member, partner of, or venture capital fund under common management with, such
Investor shall be aggregated. The Series B Preferred Stock, the Series C Preferred Stock, the Series D Preferred Stock, the Series E Preferred Stock, the
Series E-1 Preferred Stock and the Series F Preferred Stock held by the Investors is referred to herein as the "Investor Shares". 

RECITALS  

        WHEREAS, the Shareholders hold that number of shares of capital stock (or options to acquire stock) set forth opposite each such Shareholder's name in
Schedule A (the "Shares"); and 

        WHEREAS,
the Company, the Shareholders and the Prior Investors are parties to that certain Third Amended and Restated Co-Sale Agreement dated October 2, 2003 (the
"Prior Agreement"); and 

        WHEREAS,
the Prior Investors have certain first refusal and co-sale rights (the "Rights") with respect to proposed sales of the Shares by the Shareholders pursuant to the
Prior Agreement; and 

        WHEREAS,
the Company and the Shareholders, to induce the Major F Investors to purchase shares of the Company's Series F Preferred Stock pursuant to the Series F Preferred
Stock Purchase Agreement of even date herewith (the "Series F Agreement"), desire to grant the Rights to the Major F Investors, and the Prior Investors desire to facilitate such grant; and 

        WHEREAS,
the Prior Agreement may be amended as set forth in Section 4.5 thereof. 

        NOW,
THEREFORE, IT IS HEREBY AGREED AS FOLLOWS: 

1.     RIGHT OF FIRST REFUSAL AND CO-SALE 

	1.1
	Notice
of Sales; Assignment of Company Right of First Refusal.

	(a)
	Should
a Shareholder propose to sell, assign, hypothecate, pledge, convey in trust, gift, transfer by bequest or devise, or otherwise transfer (including, but not limited to, a
transfer pursuant to divorce or legal separation, a transfer to receivers, creditors, trustees or receivers in bankruptcy proceedings or a general assignment for the benefit of creditors), whether
voluntary, involuntarily or by operation of law, directly or indirectly (collectively, "Transfer") to any persons (a) five percent (5%) or more of his Shares measured as of the date hereof or
(b) any of his Shares if he has cumulatively sold ten percent (10%) or more of his Shares 

measured
as of the date hereof in previous sales, the Shareholder shall promptly deliver a notice (the "Notice") to the Company and each Investor stating the terms and conditions of such Transfer
including, without limitation, the number of shares of the Company's capital stock to be sold or transferred, the nature of such Transfer (including the material terms and conditions upon which the
proposed Transfer is to be made), the consideration to be paid and the name and address of each prospective purchaser or transferee. The Notice shall also include a copy of any written proposal, term
sheet or letter of intent or other agreement relating to the proposed Transfer. In the event that the Transfer is being made pursuant to the provisions of Section 1.5 hereof, the Notice shall
state under which specific subsection the Transfer will be made. 

	(b)
	The
Company agrees that in the event that the Company declines to exercise in full any right of first refusal set forth in any Restricted Stock Purchase Agreement, Stock Purchase
Rights Agreement or Stock Option Agreement (collectively, the "Stock Purchase Agreement") relating to such Shares between the Shareholder and the Company (the "Right of First Refusal"), the Company
will provide each Investor with notice of such determination at least fifteen (15) days prior to the end of the period in which the Right of First Refusal expires under such Stock Purchase
Agreement. Each Investor shall then have the right, exercisable by written notice to the transferring Shareholder prior to the end of such period, to exercise such Right of First Refusal as the
Company's assignee on a pro rata basis (based upon the number of shares of Common Stock (including shares of Common Stock issuable upon conversion of the Investor Shares) held by such Investor
relative to the aggregate number of shares of Common Stock (including shares of Common Stock issuable upon conversion of the Investor Shares) held by all Investors); provided that if fewer than all
Investors elect to fully participate, the Shares that would otherwise be allocated to non-fully-participating Investors shall be allocated to each fully participating Investor in a manner
such that each fully participating Investor is entitled to purchase at least such Investor's pro rata portion of such unallocated Shares (based upon the number of shares of Common Stock (including
shares of Common Stock issuable upon conversion of the Investor Shares) held by all fully participating Investors) or such different number of shares as the fully participating Investors shall
mutually agree. Upon expiration or exercise of the Right of First Refusal, the Company will promptly provide a notice (the "Subsequent Notice") to each Investor as to whether or not the Right of First
Refusal has been exercised by the Company or the Investors and such Subsequent Notice shall include all of the information and certifications required in the Notice and shall additionally identify the
Shares that the Company has declined to purchase (the "Remaining Shares") and briefly describe the Investors right to participate in the proposed Transfer.

	1.2
	Participation
Right. To the extent that the Right of First Refusal, if applicable, is not exercised by the Company or the Investors, each Investor shall
have the right, exercisable upon written notice to the transferring Shareholder within ten (10) business days after receipt of the Subsequent Notice, to participate in the Transfer pursuant to
the specified terms and conditions set forth in the Subsequent Notice. To the extent an Investor exercises such right of participation in accordance with the terms and conditions set forth below, the
number of Remaining Shares which the Shareholder may sell in the Transfer shall be correspondingly reduced. The right of participation of each Investor shall be subject to the following terms and
conditions:

	(a)
	Calculation
of Shares. Each Investor may sell all or any part of that number of shares of capital stock of the Company equal to the product obtained by
multiplying (i) the aggregate number of shares of capital stock covered by the Subsequent Notice by (ii) a fraction, the numerator of which is the number of shares of the Company's
Common Stock (including shares of Common Stock issuable upon conversion of the Investor Shares) at the time owned by such Investor and the denominator of which is the combined number of shares of the
Company's Common Stock (including shares of Common Stock issuable upon conversion of the Investor Shares) at the time owned by the Shareholder, including shares transferred to Permitted Transferees
(as herein-after defined) in accordance herewith, and the Investors. 

	(b)
	Delivery
of Certificate. Each Investor may effect its participation in the sale by delivering to the transferring Shareholder for transfer to the
third-party transferee one or more certificates, properly endorsed for transfer, which represent:

	(i)
	the
type and number of shares of capital stock of the Company that such Investor elects to sell; or

	(ii)
	that
number of shares of capital stock of the Company that are at such time convertible into the number of shares of Common Stock that such Investor elects to sell;
provided, however, that if the prospective third-party transferee objects to the delivery of such shares of capital stock of the Company in lieu of Common Stock, such Investor shall convert such
shares of capital stock of the Company into Common Stock and deliver Common Stock as provided in this Section 1.2. The Company agrees to make any such conversion concurrent with the actual
transfer of such shares to the third-party transferee and contingent on such transfer. 

	1.3
	Transfer.
The stock certificate or certificates which such Investor delivers to the Shareholder pursuant to Section 1.2 shall be delivered by the
Shareholder to the third-party transferee in consummation of the sale pursuant to the terms and conditions specified in the Notice, and the Shareholder shall promptly thereafter remit to such Investor
that portion of the sale proceeds to which such Investor is entitled by reason of its participation in such sale. To the extent that any prospective third-party transferee or transferees prohibits
such assignment or otherwise refuses to purchase shares or other securities from an Investor exercising its rights of participation hereunder, the Shareholder shall not sell to such prospective
transferee or transferees any Shares unless and until, simultaneously with such sale, the Shareholder shall purchase such shares or other securities from such Investor for the same consideration and
on the same terms and conditions as the proposed transfer described in the Notice.

	1.4
	No
Adverse Effect. To the extent that the Company and the Investors have not exercised their rights to purchase the Shares covered by a Notice within the
time periods specified in Section 1.1 and the Investors have not exercised their rights to participate in the sale of such Remaining Shares within the time periods specified in
Section 1.2, the transferring Shareholder shall have a period of forty-five (45) days from the date the Notice was delivered to the Company and the Investors in which to sell
the Shares not purchased by the Company or the Investors pursuant to Section 1.1 of this Agreement upon terms and conditions (including the purchase price) no more favorable than those
specified in the Notice, to the third-party transferee(s) identified in the Notice. The third-party transferee(s) shall acquire the Shares sold thereby free and clear of subsequent rights of first
refusal and co-sale rights under this Agreement. In the event the transferring Shareholder does not consummate the sale or disposition of such Shares within the foregoing
forty-five (45) day period, the Company's first refusal rights and the Investors' first refusal rights and co-sale rights shall continue to be applicable to any
subsequent disposition of such Shares by the Shareholder until such rights lapse in accordance with the terms of this Agreement. Furthermore, the exercise or non-exercise of the rights of
the Company and the Investors under this Agreement to purchase Shares from a Shareholder or participate in sales of Shares by a Shareholder shall not adversely affect their rights to make subsequent
purchases of Shares from such Shareholder or subsequently participate in sales of Shares by such Shareholder.

	1.5
	Permitted
Transactions. The participation rights of each Investor shall not pertain or apply to any Transfer to the Shareholder's ancestors, descendants
or spouse or to a trustee for their benefit; provided, that (i) the Shareholder shall inform the Investors of such Transfer prior to effecting it
and (ii) each such transferee or donee (collectively, the "Permitted Transferees"), prior to the completion of the Transfer, shall furnish the Investors with a written agreement to be bound by
and comply with all provisions of this Agreement applicable to the Shareholder. Such transferred Shares shall remain "Shares" hereunder, and such transferee or donee shall be treated as the
"Shareholder" for purposes of this Agreement. 

2.     PROHIBITED TRANSFERS 

	2.1
	In
the event a Shareholder should Transfer any Shares in contravention of the rights of the Investors under this Agreement (a "Prohibited Transfer"), each Investor, in addition to
such other remedies as may be available at law, in equity or hereunder, shall have the put option provided below, and the Shareholder shall be bound by the applicable provisions of such option.

	2.2
	In
the event of a Prohibited Transfer, each Investor shall have the right to sell to the transferring Shareholder the type and number of shares of Common Stock equal to the number of
shares each Investor would have been entitled to transfer to the purchaser had the Prohibited Transfer been effected pursuant to and in compliance with the terms hereof. Such sale shall be made on the
following terms and conditions:

	(a)
	The
price per share at which the shares are to be sold to the Shareholder shall be equal to the price per share paid by the purchaser to the Shareholder in the Prohibited Transfer.
The Shareholder shall also reimburse each Investor for any and all fees and expenses, including legal fees and expenses, incurred pursuant to the exercise or the attempted exercise of the Investor's
rights under Section 1.2.

	(b)
	Within
ninety (90) days after the later of the dates on which the Investor (A) received notice of the Prohibited Transfer, or (B) otherwise became aware of the
Prohibited Transfer, each Investor shall, if exercising the option created hereby, deliver to the Shareholder the certificates or certificates representing shares to be sold, each certificate to be
properly endorsed for transfer.

	(c)
	The
Shareholder shall, upon receipt of the certificate or certificates for the shares to be sold by an Investor, pursuant to this subparagraph 2.2(c), pay the aggregate purchase price
therefor and the amount of reimbursable fees and expense, as specified in subparagraph 2.2(a), in cash or by other means acceptable to the Investor.

	(d)
	Notwithstanding
the foregoing, any attempt by a Shareholder to Transfer Shares in violation of Section 1 hereof shall be void and the Company agrees it will not effect such a
Transfer nor will it treat any alleged transferee as the holder of such shares without the written consent of a majority in interest of the Investors. 

3.     LEGENDED CERTIFICATES 

	3.1
	Each
certificate representing shares of the capital stock of the Company now or hereafter owned by the Shareholder or issued to any Permitted Transferee pursuant to Section 1.5
shall be endorsed with the following legend: 

"THE
SALE OR TRANSFER OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE IS SUBJECT TO THE TERMS AND CONDITIONS OF A CERTAIN CO-SALE AGREEMENT. COPIES OF SUCH AGREEMENT MAY BE OBTAINED UPON
WRITTEN REQUEST TO THE SECRETARY OF THE CORPORATION." 

	3.2
	The
Company shall instruct its transfer agent to impose transfer restrictions on the Shares represented by certificates bearing the legend referred to in Section 3.1 above to
enforce the provisions of this Agreement. The Section 3.1 legend shall be removed upon termination of this Agreement in accordance with the provisions of Section 4.1. 

4.     MISCELLANEOUS PROVISIONS 

	4.1
	Termination.
This Agreement shall terminate upon the earlier of (a) the consummation of the Company's sale of its Common Stock or other securities
in a bona fide, firm commitment underwriting pursuant to a registration statement under the Securities Act of 1933, as amended (other than a registration statement relating to the sale of securities
to employees of the Company pursuant to its stock option, stock purchase or similar plan or relating to a SEC Rule 145 

transaction)
or (b) the consummation of a Liquidation Event, as that term is defined in the Company's Amended and Restated Articles of Incorporation (as amended from time to time). 

	4.2
	Notices.
All notices and other communications given or made pursuant hereto shall be in writing and shall be deemed effectively given: (i) upon
personal delivery to the party to be notified, (ii) when sent by confirmed electronic mail or facsimile if sent during normal business hours of the recipient; if not, then on the next business
day, (iii) five (5) days after having been sent by registered or certified mail, return receipt requested, postage prepaid, or (iv) one (1) day after deposit with a
nationally recognized overnight courier, specifying next day delivery, with written verification of receipt. All communications shall be sent to the respective parties as follows:

	(a)
	if
to the Company, at 408 E. Plumeria Drive, San Jose, California 95134, with a copy to Robert D. Cochran, Esq., at the Law Office of Robert D. Cochran, 2105 Woodside Road, Woodside,
California 94062-1100,

	(b)
	if
to the Investors, at the addresses set forth on Exhibit A hereto, with a copy to Jay K. Hachigian, Esq., at Gunderson Dettmer
Stough Villeneuve Franklin & Hachigian, LLP, 610 Lincoln Street, Waltham, Massachusetts 02451 and E. John Park, Esq., at Morgan, Lewis & Bockius LLP, Two Palo Alto Square, Palo Alto, CA
94306, 

or,
in any such case, at such other addresses as shall be specified by notice given in accordance with this Section 4.2. 

	4.3
	Successors
and Assigns. This Agreement and the rights and obligations of the parties hereunder shall inure to the benefit of, and be binding upon, their
respective successors, assigns and legal representatives. The rights of each Investor under Section 1 hereto are freely assignable by such Investor.

	4.4
	Severability.
In the event one or more of the provisions of this Agreement should, for any reason, be held to be invalid, illegal or unenforceable in any
respect, such invalidity, illegality or unenforceability shall not affect any other provisions of this Agreement, and this Agreement shall be construed as if such invalid, illegal or unenforceable
provision had never been contained herein.

	4.5
	Modifications
and Amendments. This Agreement may be modified or amended only with the written consent of (i) the Company, (ii) Shareholders
holding at least fifty percent (50%) of the total number of outstanding shares of capital stock of the Company then held by all Shareholders (provided that such modification or amendment treats all
Shareholders in substantially the same manner) and (iii) Investors holding at least sixty-six and two-thirds percent (662/3%) of the outstanding Investor
Shares then held by the Investors (based on the number of shares of capital stock held by the Investors). Any amendment or waiver effected in accordance with this paragraph shall be binding upon each
Shareholder, each Investor and the Company. Any waiver by a party of its rights hereunder shall be effective only if evidenced by a written instrument executed by a duly authorized representative of
such party. In no event shall such waiver of any rights hereunder constitute the waiver of such rights in any future instance unless the waiver so specifies in writing. Notwithstanding the foregoing,
any amendment or waiver that treats an Investor in a material adverse manner that is different from the other Investors shall require the consent of a majority-in-interest of
such adversely affected Investors.

	4.6
	Governing
Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California without application of principles
of conflicts of law.

	4.7
	Counterparts.
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

	4.8
	Best
Efforts. The Company agrees to use its best efforts to enforce the terms of this Agreement, to inform each Investor of any breach hereof and to
assist such Investor in the exercise of their rights and performance of their obligations hereunder. The parties agree to execute such further instruments and to take such further action as may
reasonably be necessary to carry out the intent 

of
this Agreement. Each Shareholder agrees to cooperate affirmatively with the Company and the Investors to enforce the rights and obligations pursuant hereto. 

	4.9
	Legal
Fees. In the event that any dispute among the parties to this Agreement should result in litigation, the prevailing party in such dispute shall be
entitled to recover from the losing party all fees, costs and expenses of enforcing any right of such prevailing party under or with respect to this Agreement, including without limitation, such
reasonable fees and expenses of attorneys and accountants, which shall include, without limitation, all fees, costs and expenses of appeals.

	4.10
	Investor;
Apportionment of Rights. For purposes of this Agreement, the term Investor includes any partners, shareholders or Affiliates (as defined below)
of an Investor. An Investor shall be entitled to apportion the rights hereby granted to it pursuant to Section 1 among itself and its partners, shareholders and Affiliates in such proportions
as it deems appropriate. For purposes of this Agreement, the term "Affiliates" means with respect to any person or entity (a "Person"), any Person which, directly or indirectly, controls, is
controlled by or is under common control with such Person, including, without limitation, any partner, officer, director, member or employee of such Person and any venture capital fund now or
hereafter existing which is controlled by or under common control with one or more general partners or shares the same management company with such Person.

	4.11
	Effect
of Change in Company's Capital Structure. If, from time to time, the Company pays a stock dividend or effects a stock split or other change in the
character or amount of any of the outstanding stock of the Company, then in such event any and all new, substituted or additional securities to which a Shareholder is entitled by reason of such
Shareholder's ownership of Shares shall be immediately subject to the rights and obligations set forth in this Agreement with the same force and effect as the stock subject to such rights immediately
before such event.

	4.12
	Ownership.
Each Shareholder represents and warrants that he or she is the sole legal and beneficial owner of the Shares of stock subject to this
Agreement and that no other person has any interest (other than a community property interest) in such Shares.

	4.13
	Termination
of Prior Agreement; Entire Agreement. The Company and the Prior Investors, to induce the Series F Investors to invest in the Company
and to enter into the Series F Agreement, accept and agree to the termination of the Prior Agreement which, upon the effectiveness of this Agreement, shall be of no further force and effect,
and shall be superseded and replaced in its entirety by this Agreement, and accept and agree to be bound by the terms of this Agreement. 

        IN WITNESS WHEREOF, the parties have executed this Fourth Amended and Restated Co-Sale Agreement as of the date first above
written. 

	 	 	COMPANY:
	

 	
 	

TECHWELL, INC.
	

 	
 	

By:	

/s/  FUMIHIRO KOZATO      
 Fumihiro Kozato
 President and Chief Executive Officer

SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT

FOR TECHWELL, INC.  

        IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	

 	
 	
INVESTORS:
	

 	
 	

No. 4 News Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	

/s/  SANGKI KIM      

	 	 	Name:	SANGKI KIM
	 	 	Title:	C.E.O.
	 	 	Address:	16th Fl, KIPS, Center 647-9,

Yeoksam-Dong, Kangnam-Gu,

Seoul, Korea
	 	 	Fax No.:	 
	 	 	 	

	

 	
 	

 	
INVESTORS:
	

 	
 	

By:	

 
	 	 	 	

	

 	
 	

Name:	

 
	 	 	 	

	

 	
 	

Title:	

 
	 	 	 	

SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT

FOR TECHWELL, INC.  

	 	 	SHAREHOLDERS:
	

 	
 	

 	

/s/  FUMIHIRO KOZATO      
 Fumihiro Kozato
	

 	
 	

 	

/s/  FENG KUO      
 Feng Kuo
	

 	
 	

 	

/s/  SIDNEY S. FAULKNER      
 Sidney S. Faulkner

SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT

FOR TECHWELL, INC.  

	 	 	INVESTORS:
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax:	 
	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	

TCV IV, L.P.

TCV IV STRATEGIC PARTNERS, L.P.
	

 	
 	

By:	

/s/  ROBERT C. BENSKY      

	 	 	Name:	Robert C. Bensky
	 	 	Title:	Attorney in Fact

SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT

FOR TECHWELL, INC.  

	 	 	INVESTORS:
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax:	 
	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	
The Yasuda Enterprise Development I. Limited Partnership

By: Yasuda Enterprise Development Co.,Ltd.

 
	 	 	By:	/s/  MINORU OKA      

	 	 	Name:	Minoru Oka
	 	 	Title:	General Partner

SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT

FOR TECHWELL, INC.  

	 	 	INVESTORS:
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
 
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax:	 
	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	
SANYO Semiconductor Corp.
 
	 	 	By:	/s/  KATSUHITO TAKEI      

	 	 	Name:	Katsuhito Takei
	 	 	Title:	Treasurer

SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT

FOR TECHWELL, INC.  

	 	 	INVESTORS:
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
 
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax:	 
	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	
Millennia 2000 Venture Capital Investment Limited Partnership

 
	 	 	By:	/s/  TATSUYA KUROYANAGI      

	 	 	Name:	Tatsuya Kuroyanagi
	 	 	Title:	General Partner

President
 Millennia Venture Partners Co., Ltd

SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT

FOR TECHWELL, INC.  

	 	 	INVESTORS:
 
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
 
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax:	 
	 	 	 	

	 	 	INVESTORS:
 
	

 	
 	
GENESIS MICROCHIP
 
	

 	
 	

By:	

/s/  MIKE HELY      

	 	 	Name:	Mike Hely
	 	 	Title:	CFO

SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT

FOR TECHWELL, INC.  

	 	 	INVESTORS:
 
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
 
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax:	 
	 	 	 	

	 	 	INVESTORS:
 
	

 	
 	
China International Venture Capital Co., Ltd.

 
	

 	
 	

By:	

/s/  [ILLEGIBLE]      

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT

FOR TECHWELL, INC.  

	 	 	INVESTORS:
 
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
 
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax:	 
	 	 	 	

	 	 	INVESTORS:
	

 	
 	
China Century Venture Capital Co., Ltd
 
	

 	
 	

By:	

/s/  [ILLEGIBLE]      

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT

FOR TECHWELL, INC.  

	 	 	INVESTORS:
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax:	 
	 	 	 	

	

 	
 	
INVESTORS:

	 	 	/s/  G. WYSS      
 Gabriele Wyss

(Vice President)	 	/s/  MARC TROG      
 Marc Trog

(Assistant Vice President)
	

 	
 	

Credit Suisse Asset Management Funds

On behalf of: Credit Suisse Equity Fund High Tech
	 	 	Zurich, 2nd March 2005

SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT

FOR TECHWELL, INC.  

  

 
 

SCHEDULE A
  
    SHAREHOLDERS    
    

	Shareholder
 
	 	Common Stock
	 	Common

Stock Options
	 	Total Shares

	Fumihiro Kozato(1)	 	870,222	 	512,666	 	1,382,888
	Feng Kuo(2)	 	750,000	 	0	 	750,000
	Sidney S. Faulkner	 	0	 	150,000	 	150,000
	 	 	
	 	
	 	

	 	 	1,620,222	 	662,666	 	2,282,888
	 	 	
	 	
	 	

	(1)
	Includes
an aggregate of 70,000 shares transferred pursuant to Section 1.5.

	(2)
	Includes
an aggregate of 96,000 shares transferred pursuant to Section 1.5. 

2

 
 

SCHEDULE B
  INVESTORS    
    

	 
	 	 

	No. 4 New Technology Business Investment L.L.P.

c/o Samsung Venture Investment Corporation

16th Fl., KIPS Center 647-9

Yeoksam-Dong, Kangnam-Gu

Seoul, Korea

TCV IV, L.P.

TCV IV Strategic Partners, L.P.

Any correspondence or notices to be sent to:

1. Technology Crossover Ventures

528 Ramona Street

Palo Alto, California 94301

Attention: Rick Kimball

Phone: (650) 614-8200

Fax: (650) 614-8222

With a copy to:

2. Technology Crossover Ventures

528 Ramona Street

Palo Alto, California 94301

Attention: Carla S. Newell

Phone: (650) 614-8224

Fax: (650) 614-8222	 	Matsushita Electric Industrial Co., Ltd.

1006, Kadoma, Kadoma City

Osaka 571-8501, Japan

Attn: Susumu Koike

Matsushita Electric Industrial Co., Ltd.

1006, Kadoma, Kadoma City

Osaka 571-8501, Japan

Attn: Sukeichi Miki

Genesis Microchip Incorporated

165 Commerce Valley Drive West

Thornhill, Ontario

Canada UT 7V8

China International Venture Capital, Inc.

China Century Venture Capital, Inc.

9 Fl., 97 Tunhwa S. Rd., Sec. 2

Taipei 106, Taiwan, R.O.C.

CSAM Funds

on behalf of CS Equity Fund High Tech
	

The Yasuda Enterprise Development I,

Limited Partnership

BYGS Shinjuku Bldg. 6F

2-19-1 Shinjuku, Shinjuku-ku, Tokyo 160-0022,

Japan

Sanyo Semiconductor Corporation

80 Commerce Drive

Allendale, NJ 07401

Millennia 2000 Venture Capital Investment

Limited Partnership

6F Kyobashi-Nisshoku Bldg.

8-7 Kyobashi, 1-Chome, Chuo-Ku

Tokyo 104-0031,JAPAN	 	

Any correspondence or notices to be sent to:

1. SASI, Swiss American Securities Inc.

12, East 49 Street, 41 Floor

New York, NY 10017

2. Credit Suisse First Boston, division Credit Suisse

Asset Management

Compliance Department

P.O. Box 800

8070 Zurich, Switzerland

QuickLinks

TECHWELL, INC. FOURTH AMENDED AND RESTATED CO-SALE AGREEMENT

SCHEDULE A SHAREHOLDERS

SCHEDULE B INVESTORSQuickLinks
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Exhibit 10.9  

 
 

SECOND AMENDED AND RESTATED VOTING AGREEMENT    
    

        This SECOND AMENDED AND RESTATED VOTING AGREEMENT (the "Agreement") is made and entered into as of March 11, 2005, by and among Techwell, Inc., a
California corporation (the "Company"), the holders of the Company's Series A Preferred Stock, no par value per share (the "Series A Stock"), Series B Preferred Stock, no par
value per share (the "Series B Stock"), Series C Preferred Stock, no par value per share (the "Series C Stock"), Series D Preferred Stock, no par value per share (the
"Series D Preferred"), Series E Preferred Stock, no par value per share (the "Series E Stock"), Series E-1 Preferred Stock, no par value per share (the
"Series E-1 Stock" and together with the Series A Stock, the Series B Stock, the Series C Stock, Series D Stock and Series E Stock, the "Existing
Preferred Stock"), and Series F Preferred Stock, no par value per share (the "Series F Stock"), listed on the Schedule of Investors attached as  Schedule Ahereto (collectively, the
"Investors"), and the holders of Common Stock of the Company (the "Common Holders") listed on the Schedule of
Common Holders attached as Schedule B hereto. The Company, the Common Holders and the Investors are individually referred to herein as a "Party"
and are collectively referred to herein as the "Parties." The Company's Board of Directors is referred to herein as the "Board." The Existing Preferred Stock, and the Series F Stock may be
referred to herein as the "Preferred Stock." 

WITNESSETH:  

        WHEREAS, the Company and the Investors purchasing Series F Stock (the "Series F Investors") have
entered into that certain Series F Preferred Stock Purchase Agreement of even date herewith (the "Purchase Agreement"), which provides for, among other things, the purchase by the
Series F Investors of shares of the Series F Stock (the "Series F Issuance"); 

        WHEREAS, the Company's Amended and Restated Articles of Incorporation provide that (a) holders of shares of Common Stock and
Preferred Stock, voting together as a single class on an as-converted basis, shall elect one (1) member of the Board (the "Independent Director"), (b) holders of shares of
the Series E Stock and the Series E-1 Stock, voting together as a separate class and not as separate series, shall elect one (1) member of the Board (the
"Series E and E-1 Director"), and (c) holders of shares of Common Stock and holders of shares of Series A Stock, Series B Stock, Series C Stock,
Series D Stock and Series F Stock (the "Other Preferred Stock"), voting together as a single class on an as-converted basis, shall be entitled to elect the three
(3) remaining members of the Board (the "Other Directors"); and 

        WHEREAS, the Company, the holders of Existing Preferred Stock and the Common Holders have previously entered into that certain Amended and
Restated Voting Agreement dated as of October 2, 2003 (the "Prior Agreement") and desire to amend and restate the Prior Agreement and to accept the rights created pursuant hereto in lieu of the
rights created under the Prior Agreement; and 

        WHEREAS, to induce the Series F Investors to enter into the Purchase Agreement and purchase shares of Series F Stock
thereunder, the Company, the holders of the Existing Preferred Stock and the Common Holders desire to enter into this Agreement with such Investors; and 

        NOW, THEREFORE, in consideration of the foregoing premises and certain other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the Parties agree as follows: 

	1.
	Agreement
to Vote. Each Investor, as a holder of Preferred Stock, hereby agrees on behalf of itself and any transferee or assignee of any such shares of
Preferred Stock, to hold all of the shares of Preferred Stock registered in its name (and any securities of the Company issued with respect to, upon conversion of, or in exchange or substitution of
such Preferred Stock, and any other voting securities of the Company subsequently acquired by such Investor) (hereinafter collectively referred to as the "Investor Shares") subject to, and to vote the
Investor Shares at a regular or special meeting of shareholders (or by written consent) in accordance with, the provisions of this 

Agreement.
Each Common Holder, as a holder of Common Stock of the Company, hereby agrees on behalf of itself and any transferee or assignee of any such shares of Common Stock, to hold all of such
shares of Common Stock and any other securities of the Company acquired by such Common Holder in the future (and any securities of the Company issued with respect to, upon conversion of, or in
exchange or substitution for such securities) (the "Common Holder Shares") subject to, and to vote the Common Holder Shares at a regular or special meeting of shareholders (or by written consent) in
accordance with, the provisions of this Agreement. 

	2.
	Board
Size. The holders of Investor Shares and Common Holder Shares shall vote at a regular or special meeting of shareholders (or by written consent) such
shares that they own (or as to which they have voting power) to ensure that the size of the Board shall be set and remain at five (5) directors; provided, however, that such Board size may be
subsequently increased or decreased pursuant to an amendment of this Agreement in accordance with Section 16 hereof. 

3.     Election of Directors. 

	(a)
	In
any election of directors of the Company to elect the Other Directors, the Parties holding shares of Common Stock and Other Preferred Stock shall each vote at any regular or
special meeting of shareholders (or by written consent) such number of shares of Common Stock or Other Preferred Stock then owned by them (or as to which they then have voting power) as may be
necessary to elect three (3) directors: (i) one (1) director of which shall be the Company's chief executive officer as appointed by the Board of Directors from time to time, and
(ii) two (2) directors nominated by the holders of a majority of the then outstanding shares of Common Stock and Other Preferred Stock, voting together as a single class on an
as-converted basis.

	(b)
	In
any election of directors of the Company to elect the Series E and E-1 Director, the Parties holding shares of Series E Stock or
Series E-1 Stock shall each vote at any regular or special meeting of shareholders (or by written consent) such number of shares of Series E Stock or
Series E-1 Stock then owned by them (or as to which they then have voting power) as may be necessary to elect one (1) director nominated by TCV IV, L.P ("TCV") or its
permitted assigns.

	(c)
	In
any election of directors of the Company to elect the Independent Director, the Investors and the Common Holders shall each vote at any regular or special meeting of shareholders
(or by written consent) such number of voting securities of the Company then owned by them (or as to which they then have voting power) as may be necessary to elect the Independent Director that is
approved by each of (i) a majority of the Other Directors and (ii) the Series E and E-1 Director.

	4.
	Removal
of Directors. Any director of the Company may be removed from the Board in the manner allowed by law and the Company's Amended and Restated
Articles of Incorporation and Bylaws, but (a) with respect to a director designated pursuant to subsections 3(a) and 3(b) above, only upon the vote or written consent of the shareholders
entitled to designate such director and (b) with respect to a director designated pursuant to subsection 3(c) above, only upon the vote or written consent of (i) a majority of the Other
Directors and (ii) the Series E and E-1 Director.

	5.
	Legend
on Share Certificates. Each certificate representing any Investor Shares or Common Holder Shares shall be endorsed by the Company with a legend
reading substantially as follows: 

"THE
SHARES EVIDENCED HEREBY ARE SUBJECT TO A VOTING AGREEMENT (A COPY OF WHICH MAY BE OBTAINED UPON WRITTEN REQUEST FROM THE ISSUER), AND BY ACCEPTING ANY INTEREST IN SUCH SHARES THE PERSON
ACCEPTING SUCH INTEREST SHALL BE DEEMED TO AGREE TO AND SHALL BECOME BOUND BY ALL THE PROVISIONS OF SAID VOTING AGREEMENT." 

	6.
	Bring
Along Right. In the event that a majority of the Board approves either (i) an acquisition of the Company by another entity by means of any
transaction or series of related transactions 

(including,
without limitation, any reorganization, merger or consolidation) that would result in the transfer of fifty percent (50%) or more of the outstanding voting power of the Company or in which
the shareholders of the Company immediately prior to such transaction would own, as a result of such transaction, less than a majority of, the voting securities, in the same relative proportions, of
the successor or surviving corporation immediately thereafter or (ii) a sale of all or substantially all of the assets of the Company (such events described in subsections (i) and
(ii) are referred to herein as a "Sale of the Company"), then each Investor hereby agrees with respect to all securities of the Company which it own(s) or otherwise exercises voting or
dispositive authority: 

	(a)
	In
the event such transaction is to be brought to a vote at a shareholder meeting, after receiving proper notice of any meeting of shareholders of the Company to vote on the approval
of a Sale of the Company, to be present, in person or by proxy, as a holder of shares of voting securities, at all such meetings and be counted for the purposes of determining the presence of a quorum
at such meetings;

	(b)
	to
vote (in person, by proxy or by action by written consent, as applicable) all shares of the capital stock of the Company as to which it has beneficial ownership in favor of such
Sale of the Company and in opposition of any and all other proposals that could reasonably be expected to delay or impair the ability of the Company to consummate such Sale of the Company;

	(c)
	to
refrain from exercising any dissenters' rights or rights of appraisal under applicable law at any time with respect to such Sale of the Company, including, without limitation, the
sale of the Investors Shares held by such Investor in such Sale of the Company;

	(d)
	to
execute and deliver all related documentation and take such other action in support of the Sale of the Company as shall reasonably be requested by the Company; and

	(e)
	except
for this Second Amended and Restated Voting Agreement, neither any of the parties hereto nor any affiliates thereof shall deposit any shares of capital stock beneficially owned
by such Party or affiliate in a voting trust or subject any such shares of capital stock to any arrangement or agreement with respect to the voting of such shares of capital stock. 

        Notwithstanding
the foregoing, no Investor shall be required to vote in the manner described by this Section 6 unless the net proceeds of such Sale of the Company are to be
distributed to shareholders of the Company in accordance with the Company's Amended and Restated Articles of Incorporation, as amended from time to time; provided, further, that each Investor holding
Series E or Series E-1 Stock shall also not be required to vote in the manner described by this Section 6 if each then outstanding share of Series E Preferred
would receive gross proceeds in an amount less than $10.00 per share (adjusted to reflect stock splits, stock dividends, combinations, recapitalizations and the like) in such Sale of the Company
pursuant to the Amended and Restated Articles of Incorporation, as amended from time to time. 

	7.
	Covenants
of the Company. The Company will not, by any voluntary action, avoid or seek to avoid the observance or performance of any of the terms to be
performed hereunder by the Company, but will at all times in good faith assist in the carrying out of all of the provisions of this Agreement and in the taking of all such actions as may be necessary,
appropriate or reasonably requested by the holders of a majority of the outstanding voting securities held by the Parties hereto (assuming conversion of all outstanding securities) in order to protect
the rights of the Parties hereunder against impairment.

	8.
	No
Liability for Election of Recommended Directors. Neither the Company, the Common Holders, the Investors, nor any officer, director, shareholder,
partner, employee or agent of any such Party, makes any representation or warranty as to the fitness or competence of the nominee of any Party hereunder to serve on the Company's Board by virtue of
such Party's execution of this Agreement or by the act of such Party in voting for such nominee pursuant to this Agreement. 

	9.
	Grant
of Proxy. Upon the failure of any Party to vote their Investor Shares or Common Holder Shares, as applicable, in accordance with the terms of this
Agreement, such Party hereby grants to a shareholder designated by the Board of Directors of the Company a proxy coupled with an interest in all Investor Shares or Common Holder Shares owned by such
Party, which proxy shall be irrevocable until this Agreement terminates pursuant to its terms or this Section 9 is amended to remove such grant of proxy in accordance with Section 16
hereof, to vote all such Investor Shares and Common Holder Shares in the manner provided in Sections 2, 3 and 6 hereof.

	10.
	Specific
Enforcement. It is agreed and understood that monetary damages would not adequately compensate an injured Party for the breach of this Agreement
by any other Party, that this Agreement shall be specifically enforceable, and that any breach or threatened breach of this Agreement shall be the proper subject of a temporary or permanent injunction
or restraining order. Further, each Party hereto waives any claim or defense that there is an adequate remedy at law for such breach or threatened breach.

	11.
	Execution
by the Company. The Company, by its execution in the space provided below, agrees that it will cause the certificates issued after the date
hereof evidencing the shares of Investor Stock and Common Holder Stock to bear the legend required by Section 5 hereof, and it shall supply, free of charge, a copy of this Agreement to any
holder of a certificate evidencing shares of capital stock of the Company upon written request from such holder to the Company at its principal office. The parties hereto do hereby agree that the
failure to cause the certificates evidencing the shares of Investor Stock and Common Holder Stock to bear the legend required by Section 5 hereof and/or failure of the Company to supply, free
of charge, a copy of this Agreement, as provided under Section 5, shall not affect the validity or enforcement of this Agreement.

	12.
	Captions.
The captions, headings and arrangements used in this Agreement are for convenience only and do not in any way limit or amplify the terms and
provisions hereof.

	13.
	Notices.
All notices and other communications given or made pursuant hereto shall be in writing and shall be deemed effectively given: (i) upon
personal delivery to the party to be notified, (ii) when sent by confirmed electronic mail or facsimile if sent during normal business hours of the recipient; if not, then on the next business
day, (iii) five (5) days after having been sent by registered or certified mail, return receipt requested, postage prepaid, or (iv) one (1) day after deposit with a
nationally recognized overnight courier, specifying next day delivery, with written verification of receipt. All communications shall be sent to the respective parties as follows:

	(a)
	if
to the Company, at 408 E. Plumeria Drive, San Jose, California 95134, with a copy to Robert D. Cochran, Esq., at the Law Office of Robert D. Cochran, 2105 Woodside Road, Woodside,
California 94062-1100,

	(b)
	if
to the Investors, at the addresses set forth on Schedule A hereto, with a copy to Jay K. Hachigian, Esq., at Gunderson
Dettmer Stough Villeneuve Franklin & Hachigian, LLP, 610 Lincoln Street, Waltham, Massachusetts 02451 and E. John Park, Esq., at Morgan, Lewis & Bockius LLP, Two Palo Alto Square, Palo
Alto, CA 94306,

	(c)
	if
to a Common Holder, at the addresses set forth on Schedule B hereto, or, in any such case, at such other addresses as shall
be specified by notice given in accordance with this Section 13.

	14.
	Term.
This Agreement shall terminate and be of no further force or effect upon (a) the consummation of the Company's sale of its Common Stock or
other securities pursuant to a registration statement under the Securities Act of 1933, as amended (other than a registration statement relating either to sale of securities to employees of the
Company pursuant to its stock option, stock purchase or similar plan or a SEC Rule 145 transaction), (b) the consummation of a Liquidation Event, as that term is defined in the Company's
Amended and Restated Articles of Incorporation (as amended from time to time) or (c) March 1, 2015. 

	15.
	Manner
of Voting. The voting of shares pursuant to this Agreement may be effected in person, by proxy, by written consent or in any other manner permitted
by applicable law.

	16.
	Amendments
and Waivers. Any term hereof may be amended and the observance of any term hereof may be waived (either generally or in a particular instance
and either retroactively or prospectively) only with the written consent of (i) the Company, (ii) the holders of a majority of the then outstanding voting securities held by the Common
Holders and the Investors (voting as a single class on an as-converted basis) and (iii) the holders of a majority of the then outstanding voting securities held by the Investors
holding Series E and Series E-1 Stock (voting as a single class on an as-converted basis).

	17.
	Stock
Splits, Stock Dividends, etc. In the event of any issuance of shares of the Company's voting securities hereafter to any of the Parties hereto
(including, without limitation, in connection with any stock split, stock dividend, recapitalization, reorganization or the like), such shares shall become subject to this Agreement and shall be
endorsed with the legend set forth in Section 5.

	18.
	Severability.
Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law,
but if any provision of this Agreement shall be held to be prohibited by or invalid under applicable law, such provision shall be ineffective only to the extent of such prohibition or invalidity,
without invalidating the remainder of such provision or the remaining provisions of this Agreement.

	19.
	Binding
Effect. In addition to any restriction on transfer that may be imposed by any other agreement by which any Party hereto may be bound, this
Agreement shall be binding upon the Parties, their respective heirs, successors, transferees and assigns and to such additional individuals or entities that may become shareholders of the Company and
that desire to become Parties hereto; provided that for any such transfer to be deemed effective, the transferee shall have executed and delivered an Adoption Agreement substantially in the form
attached hereto as Exhibit A. Upon the execution and delivery of an Adoption Agreement by a transferee reasonably acceptable to the Company, such
transferee shall be deemed to be a Party hereto as if such transferee's signature appeared on the signature pages hereto. By its execution hereof or any Adoption Agreement, each of the Parties hereto
appoints the Company as its attorney-in-fact for the purpose of executing any Adoption Agreement which may be required to be delivered hereunder.

	20.
	Governing
Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California, without regard to conflicts of
law principles thereof.

	21.
	Entire
Agreement. This Agreement is intended to be the sole agreement of the Parties as it relates to the subject matter hereof and supersede all other
agreements of the Parties relating to the subject matter hereof. The Prior Agreement is hereby amended and restated its entirety and shall be of no further force or effect.

	22.
	Counterparts.
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

	23.
	Arbitration.
Any controversy between the Parties hereto involving any claim arising out of or relating to the termination of this Agreement, will be
submitted to and be settled by final and binding arbitration in Palo Alto, California, in accordance with the then current Commercial Arbitration Rules of the American Arbitration Association (the
"AAA"), and judgment upon the award rendered by the arbitrators may be entered in any court having jurisdiction thereof. Such arbitration shall be conducted by three (3) arbitrators chosen by
(a) the Company, (b) the New Investors and (c) the Common Holders and the Existing Investors, or failing such agreement, an arbitrator appointed by the AAA. There shall be limited
discovery prior to the arbitration hearing as follows: (x) exchange of witness lists and copies of documentary evidence and documents relating to or arising out of the issues to be arbitrated,
(y) depositions of all party witnesses and (z) such other depositions as may be allowed by the arbitrators upon a showing of good cause. Depositions shall be conducted in accordance with
the California Code of Civil Procedure, the 

arbitrator
shall be required to provide in writing to the Parties the basis for the award or order of such arbitrator, and a court reporter shall record all hearings, with such record constituting the
official transcript of such proceedings. 

        IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 	 	COMPANY
	

 	
 	
TECHWELL, INC.
	

 	
 	

By:	

/s/  FUMIHIRO KOZATO      
 Fumihiro Kozato
 President and Chief Executive Officer

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT

FOR TECHWELL, INC.  

	 	 	INVESTORS:
	

 	
 	
 No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
 
	

 	
 	

By:	

/s/  SANGKI KIM      

	

 	
 	

Name:	

Sangki Kim

	 	 	Title:	C.E.O.
	 	 	Address:	16th Fl., KIPS, Center 647-9,

Yeoksam-Dong, Kangnam-Gu,

Seoul, Korea
	 	 	Fax:	 
	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	

	 	 	By:	 
	 	 	 	

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT

FOR TECHWELL, INC.  

        IN
WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 	COMMON HOLDERS:
 
	

 	

/s/  FUMIHIRO KOZATO      
 Fumihiro Kozato
	

 	

/s/  FENG KUO      
 Feng Kuo
	

 	

/s/  SIDNEY S. FAULKNER      
 Sidney S. Faulkner

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT

FOR TECHWELL, INC.  

IN
WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 	 	INVESTORS:
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
 
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax No.:	 
	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	
TCV IV, L.P.

TCV IV STRATEGIC PARTNERS, L.P.
	

 	
 	

By:	

/s/  ROBERT C. BENSKY      

	 	 	Name:	Robert C. Bensky
	 	 	Title:	Attorney in Fact

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT

FOR TECHWELL, INC.  

        IN
WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 	 	INVESTORS:
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax No.:	 
	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	
SANYO Semiconductor Corp.
	

 	
 	

By:	

/s/  KATSUHITO TAKEI      

	 	 	Name:	Katsuhito Takei
	 	 	Title:	Treasurer

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT

FOR TECHWELL, INC.  

IN
WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 	 	INVESTORS:
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
 
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax No.:	 
	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	
Millennia 2000 Venture Capital Investment Limited Partnership
	

 	
 	

/s/  TATSUYA KUROYANAGI      

	 	 	Tatsuya Kuroyanagi
	

 	
 	
General Partner

President

Millennia Venture Partners Co,. Ltd

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT

FOR TECHWELL, INC.  

        IN
WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 	 	INVESTORS:
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax No.:	 
	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	
The Yasuda Enterprise Development I. Limited Partnership

By: Yasuda Enterprise Development Co.,Ltd.
	

 	
 	

By:	

/s/  MINORU OKA      

	 	 	Name:	Minoru Oka
	 	 	Title:	General Partner

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT

FOR TECHWELL, INC.  

        IN
WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 	 	INVESTORS:
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax No.:	 
	 	 	 	

	 	INVESTORS:
	

 	

/s/  G. WYSS      
 Gabriele Wyss
 (Vice President)	
 	

/s/  MARC TROG      
 Marc Trog
 (Assistant Vice President)
	

 	

Credit Suisse Asset Management Funds

On behalf of: Credit Suisse Equity Fund High Tech
	

 	

Zurich, 2nd March 2005

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT

FOR TECHWELL, INC.  

        IN
WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 	 	INVESTORS:
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax No.:	 
	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	
China International Venture Capital Co, Ltd.
	

 	
 	

By:	

/s/  [ILLEGIBLE]      

	 	 	Name:	 
	 	 	Title:	 

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT

FOR TECHWELL, INC.  

        IN
WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 	 	INVESTORS:
	

 	
 	
No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax No.:	 
	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	
China Century Venture Capital Co., Ltd.
	

 	
 	

By:	

/s/  [ILLEGIBLE]      

	 	 	Name:	 
	 	 	Title:	 

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT

FOR TECHWELL, INC.  

        IN
WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 	 	INVESTORS:
	

 	
 	
No. No. 4 New Technology Business Investment L.L.P. By: Samsung Venture Investment Corporation
	

 	
 	

By:	

 
	 	 	 	

	 	 	Name:	 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Address:	 
	 	 	 	

	 	 	 	 
	 	 	 	

	 	 	Fax No.:	 
	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	
GENESIS MICROCHIP
	

 	
 	

By:	

/s/  MIKE HERLY      

	 	 	Name:	Mike Herly
	 	 	Title:	CFO

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT

FOR TECHWELL, INC.  

        IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 
	 	 
	 	 

	 	 	INVESTORS:
	
 	
 	

No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	
 	

 
	 	 	 	 	

	 	 	Name:	 	 
	 	 	 	 	

	 	 	Title:	 	 
	 	 	 	 	

	 	 	Address:	 	 
	 	 	 	 	

	 	 	Fax No.:	 	 
	 	 	 	 	

	

 	
 	
INVESTORS:

	

 	
 	

By:	
 	

/s/  MASAHARU SHINYA      

	 	 	Name:	 	Masaharu Shinya
	 	 	Title:	 	 

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT FOR TECHWELL, INC.  

        IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 
	 	 
	 	 

	 	 	INVESTORS:
	
 	
 	

No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	
 	

 
	 	 	 	 	

	 	 	Name:	 	 
	 	 	 	 	

	 	 	Title:	 	 
	 	 	 	 	

	 	 	Address:	 	 
	 	 	 	 	

	 	 	Fax No.:	 	 
	 	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	

Parakletos @ Ventures Millennium Fund, LP
	

 	
 	

By:	
 	

/s/  DR. PAUL H.J. KIM      

	 	 	Name:	 	Dr. Paul H.J. Kim
	 	 	Title:	 	Managing Partner

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT FOR TECHWELL, INC.  

        IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 
	 	 
	 	 

	 	 	INVESTORS:
	
 	
 	

No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	
 	

 
	 	 	 	 	

	 	 	Name:	 	 
	 	 	 	 	

	 	 	Title:	 	 
	 	 	 	 	

	 	 	Address:	 	 
	 	 	 	 	

	 	 	Fax No.:	 	 
	 	 	 	 	

	

 	
 	
INVESTORS:

	

 	
 	

By:	
 	

/s/  CHIN-FENG HUANG      

	 	 	Name:	 	Chin-Feng Huang
	 	 	Title:	 	 

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT FOR TECHWELL, INC.  

        IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 
	 	 
	 	 

	 	 	INVESTORS:
	
 	
 	

No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	
 	

 
	 	 	 	 	

	 	 	Name:	 	 
	 	 	 	 	

	 	 	Title:	 	 
	 	 	 	 	

	 	 	Address:	 	 
	 	 	 	 	

	 	 	Fax No.:	 	 
	 	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	

Siliconware Investment Co. Ltd.
	

 	
 	

By:	
 	

/s/  JEROME TSAI      

	 	 	Name:	 	Jerome Tsai
	 	 	Title:	 	President

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT FOR TECHWELL, INC.  

        IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 
	 	 
	 	 

	 	 	INVESTORS:
	
 	
 	

No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	
 	

 
	 	 	 	 	

	 	 	Name:	 	 
	 	 	 	 	

	 	 	Title:	 	 
	 	 	 	 	

	 	 	Address:	 	 
	 	 	 	 	

	 	 	Fax No.:	 	 
	 	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	

[Illegible]
	

 	
 	

By:	
 	

/s/  O.J. MEIER      

	 	 	Name:	 	O.J. Meier
	 	 	Title:	 	 

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT FOR TECHWELL, INC.  

        IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 
	 	 
	 	 

	 	 	INVESTORS:
	
 	
 	

No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	
 	

 
	 	 	 	 	

	 	 	Name:	 	 
	 	 	 	 	

	 	 	Title:	 	 
	 	 	 	 	

	 	 	Address:	 	 
	 	 	 	 	

	 	 	Fax No.:	 	 
	 	 	 	 	

	

 	
 	
INVESTORS:

	

 	
 	

By:	
 	

/s/  FRANK YU      

	 	 	Name:	 	Frank Yu
	 	 	Title:	 	 

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT FOR TECHWELL, INC.  

        IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 
	 	 
	 	 

	 	 	INVESTORS:
	
 	
 	

No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	
 	

 
	 	 	 	 	

	 	 	Name:	 	 
	 	 	 	 	

	 	 	Title:	 	 
	 	 	 	 	

	 	 	Address:	 	 
	 	 	 	 	

	 	 	Fax No.:	 	 
	 	 	 	 	

	

 	
 	
INVESTORS:

	

 	
 	

By:	
 	

/s/  CHUNG, HSIANG-YING      

	 	 	Name:	 	Chung, Hsiang-Ying
	 	 	Title:	 	 

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT FOR TECHWELL, INC.  

        IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 
	 	 
	 	 

	 	 	INVESTORS:
	
 	
 	

No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	
 	

 
	 	 	 	 	

	 	 	Name:	 	 
	 	 	 	 	

	 	 	Title:	 	 
	 	 	 	 	

	 	 	Address:	 	 
	 	 	 	 	

	 	 	Fax No.:	 	 
	 	 	 	 	

	

 	
 	
INVESTORS:

	

 	
 	

By:	
 	

/s/  CHING-HANG SHEN      

	 	 	Name:	 	Ching-Hang Shen
	 	 	Title:	 	 

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT FOR TECHWELL, INC.  

        IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 
	 	 
	 	 

	 	 	INVESTORS:
	
 	
 	

No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	
 	

 
	 	 	 	 	

	 	 	Name:	 	 
	 	 	 	 	

	 	 	Title:	 	 
	 	 	 	 	

	 	 	Address:	 	 
	 	 	 	 	

	 	 	Fax No.:	 	 
	 	 	 	 	

	

 	
 	
INVESTORS:

	

 	
 	

By:	
 	

/s/  R. COCHRAN      

	 	 	Name:	 	R. Cochran
	 	 	Title:	 	 

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT FOR TECHWELL, INC.  

        IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. 

	 
	 	 
	 	 

	 	 	INVESTORS:
	
 	
 	

No. 4 New Technology Business Investment L.L.P.

By: Samsung Venture Investment Corporation
	

 	
 	

By:	
 	

 
	 	 	 	 	

	 	 	Name:	 	 
	 	 	 	 	

	 	 	Title:	 	 
	 	 	 	 	

	 	 	Address:	 	 
	 	 	 	 	

	 	 	Fax No.:	 	 
	 	 	 	 	

	

 	
 	
INVESTORS:
	

 	
 	
Yoko Koike
	

 	
 	

By:	
 	

/s/  YOKO KOIKE      

	

 	
 	

Name:	
 	

Y. Koike
	 	 	Title:	 	 

SIGNATURE PAGE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT FOR TECHWELL, INC.  

 
 

SCHEDULE A
  Schedule of Investors    
    

	 
	 	 

	Millennia 2000 Venture Capital Investment Limited Partnership

6F Kyobashi-Nisshoku Bldg.

8-7 Kyobashi, 1-Chome, Chuo-Ku

Tokyo 104-0031,JAPAN

Matsushita Electric Industrial Co., Ltd.

1006, Kadoma, Kadoma City

Osaka 571-8501, Japan

Attn: Susumu Koike

Matsushita Electric Industrial Co., Ltd.

1006, Kadoma, Kadoma City

Osaka 571-8501, Japan

Attn: Sukeichi Miki

The Yasuda Enterprise Development I, Limited

Partnership

BYGS Shinjuku Bldg. 6F

2-19-1 Shinjuku-ku, Tokyo 160-0022, Japan	 	Fan-Kai Liu

14598 Deer Spring Court

Saratoga, CA 95070

Chin-Feng Huang

2F, No. 103, Chow-Chou St.

Taipei, Taiwan, R.O.C.

Hsiang-Yin Chung

3, 9-F, No. 16, Lane 167, Sec. 4, Cheng Kung Rd.

Nei-hu, Taipei, Taiwan, R.O.C.

c/o 912 Sundance Drive

Fremont, CA 94539

Yojiro Kamei

Ibuki Kamei

Nanho Kamei

20075 Forest Avenue

Cupertino, CA 95014
	

Othmar J. Meier

1615 Marlborough Road

Hillbourough, 94010

Paul Hofer*

Buchenstrasse 12, 4104 Oberwil

Sanyo Semiconductor Corporation

80 Commerce Drive

Allendale, NJ 07401

Frank Yu

12000 Emerald Hill Lane

Los Altos Hills, CA 94022	 	

Masaharu Shinya

3601, 6-1, Harumi 1-chome, Chuo-ku,

Tokyo 104-0053, Japan

Genesis Microchip Incorporated

165 Commerce Valley Drive West

Thornhill, Ontario

Canada UT 7V8

China International Venture Capital, Inc.

9 Fl., 97 Tunhwa S. Rd., Sec. 2

Taipei 106, Taiwan, R.O.C.

China Century Venture Capital, Inc.

9 Fl., 97 Tunhwa S. Rd., Sec. 2

Taipei 106, Taiwan, R.O.C.
	 	 	 

	

Mo Bei Lee

Techwell, Inc.

1977 O'Toole Avenue, Suite B102

San Jose, CA 95131

Siliconware Investment Company, Ltd.

11F, No. 71, Sung Chiang Rd.

Taipei, Taiwan, R.O.C.

Chuen-Tsai Chang

Techwell, Inc.

1977 O'Toole Avenue, Suite B102

San Jose, CA 95131	 	Yu-Mei Tang

4 Fl., #9, Alley 2, Ln. 358, Teh-Hsin E. Rd.

Shih-Lin, Taipei, Taiwan, R.O.C.

Chin Chi Lu

24F1.2, No. 92, Anho Road, Sec. 2

Taipei, Taiwan, R.O.C.

Ching Li Lin

24F1.2, No. 92, Anho Road, Sec. 2

Taipei, Taiwan, R.O.C.

	 
	 	 

	Ching-Hang Shen

4F, No. 9, Alley 14, Ln. 40

Chung Cheng Rd., Sec. 2

Taipei, Taiwan, R.O.C

Lin Yu Mei

No. 88, An Ho Rd., Sec. 2

11-F., Taipei, Taiwan, R.O.C.

Robert D. Cochran

2105 Woodside Road

Woodside, CA 94062

Mou-Fu Investment Consultant Ltd.

2nd Floor, No. 552, Chung-Hsiao East Road, Section 5

Hsin-Yi District, Taipei, Taiwan, R.O.C.	 	CSAM Funds*

on behalf of CS Equity Fund High Tech

* Any correspondence or notices to be sent to:

1. SASI, Swiss American Securities Inc.

12, East 49 Street, 41 Floor

New York, NY 10017

2. Credit Suisse First Boston, division Credit Suisse

Asset Management

Compliance Department

P.O. Box 800

8070 Zurich, Switzerland
	 	 	 

	

Comm-Trend Ventures Capital Corp.

Suite 3, 5th Floor, No. 248, Nan-King East Road, Section 3

Sung-Shan District, Taipei, Taiwan, R.O.C.

TCV IV, L.P.

TCV IV Strategic Partners, L.P.

Any correspondence or notices to be sent to:

1. Technology Crossover Ventures

528 Ramona Street

Palo Alto, California 94301

Attention: Rick Kimball

Phone: (650) 614-8200

Fax: (650) 614-8222

With a copy to:

2. Technology Crossover Ventures

528 Ramona Street

Palo Alto, California 94301

Attention: Carla S. Newell

Phone: (650) 614-8224

Fax: (650) 614-8222

No. 4 New Technology Business Investment L.L.P.

c/o Samsung Venture Investment Corporation

16th Fl., KIPS Center 647-9

Yeoksam-Dong, Kangnam-Gu

Seoul, Korea	 	 

 
 

SCHEDULE B
  
    Schedule of Common Holders    
    

Fumihiro
Kozato 

Feng
Kuo 

Sidney
S. Faulkner 

 
 

EXHIBIT A
  
    ADOPTION AGREEMENT  
    

        This Adoption Agreement ("Adoption Agreement") is executed by the undersigned (the "Transferee") pursuant to the terms of that certain Amended and Restated Voting
Agreement dated as of March    , 2005 (the "Agreement") by and among the Company and certain of its shareholders. Capitalized terms used but not defined herein shall have the respective
meanings ascribed to such terms in the Agreement. By the execution of this Adoption Agreement, the Transferee agrees as follows: 

	(a)
	Acknowledgment.
Transferee acknowledges that Transferee is acquiring certain shares of the capital stock of the Company (the "Stock"), subject to the
terms and conditions of the Agreement.

	(b)
	Agreement.
Transferee (i) agrees that the Stock acquired by Transferee shall be bound by and subject to the terms of the Agreement, and
(ii) hereby adopts the Agreement with the same force and effect as if Transferee were originally a Party thereto.

	(c)
	Notice.
Any notice required or permitted by the Agreement shall be given to Transferee at the address listed beside Transferee's signature below. 

        EXECUTED AND DATED this            day
of                        , 200    . 

	 	 	 	TRANSFEREE:
 
	

 	

 	
 	
By:	

 
	 	 	 	 	
 Name and Title
	

 	

 	
 	

Address:	

 
	 	 	 	 	

	

 	

 	
 	

Fax:	

 
	 	 	 	 	

	

Accepted and Agreed:	
 	

 	

 
	
 TECHWELL, INC.	
 	

 	

 
	

By:	

 	
 	

 	

 
	 	
	 	 	 
	

Title:	

 	
 	

 	

 
	 	
	 	 	 

 
  TECHWELL, INC.
  
    AMENDMENT NUMBER ONE TO
  
    SECOND AMENDED AND RESTATED VOTING AGREEMENT
  
    Effective as of October 24, 2005

        This
Amendment Number One to Second Amended and Restated Voting Agreement (the "Amendment") is entered into as of October 24, 2005 and amends that certain Second Amended and
Restated Voting Agreement dated March 11, 2005 (the "Original Agreement"), by and among Techwell, Inc., a California corporation (the "Company"), certain holders of Preferred Stock of
the Company listed on Schedule A thereto (the "Investors") and certain holders of Common Stock of the Company listed on Schedule B thereto (the "Common Holders", and collectively with
the Investors and the Company, the "Parties"). 

WITNESSETH: 

        WHEREAS,
the Company desires to increase the authorized number of members of the Board of Directors of the Company to six (6); 

        WHEREAS,
the Original Agreement provides that the size of the Board shall be set and remain at five (5) authorized directors and sets forth an agreement among the Parties as to
how the Investors and the Common Holders shall vote their shares to elect such directors; and 

        WHEREAS,
the Original Agreement may be amended as set forth in Section 16 thereof. 

        NOW,
THEREFORE, in consideration of the foregoing and of the mutual promises and covenants contained herein, the Parties hereby agree as follows: 

	1.
	Amendment of Original Agreement. The Original Agreement is hereby amended as follows:

	(a)
	The
first portion of the second recital under the section heading "WITNESSETH:" (specifically, from the beginning of the recital up until but excluding the clause that begins with
"(b)") shall be restated in its entirety to read as follows: 

        "WHEREAS, the Company's Articles of Incorporation, as amended, provide that (a) holders of shares of Common Stock and Preferred
Stock, voting together as a single class on an as-converted basis, shall elect two (2) members of the Board (the first such member to be referred to herein as the "Independent
Director" and the other the "Additional Independent Director")," 

	(b)
	Section 2
of the Original Agreement shall be restated in its entirety to read as follows: 

        "2.
Board Size. The holders of Investor Shares and Common Holder Shares shall vote at a regular or special meeting of shareholders (or by written consent)
such shares that they own (or as to which they have voting power) to ensure that the size of the Board shall be set and remain at six (6) directors; provided, however, that such Board size may
be subsequently increased or decreased pursuant to an amendment of this Agreement in accordance with Section 16 hereof." 

	(c)
	Section 3
of the Original Agreement shall be amended by the addition of the following text: 

        "d.
In any election of directors of the Company to elect the Additional Independent Director, the Investors and the Common Holders shall each vote at any regular or special meeting of
shareholders (or by written consent) such number of voting securities of the Company then owned by them (or as to which they then have voting power) as may be necessary to elect the Additional
Independent Director that is approved by a majority of the directors then in office" 

2.     Miscellaneous. 

        Except
as amended by this Amendment, the Original Agreement shall remain in full force and effect. 

        This
Amendment will be governed by and construed in accordance with the State of California without giving effect to the conflicts of law principles thereof. 

        This
Amendment may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 

        IN WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

/s/  FUMIHIRO KOZATO      
	 	 	 	 	
 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	

 	
 	

FUMIHIRO KOZATO
	 	 	 	 	
 (Print Name of Investor)
	

 	
 	

By:	
 	

/s/  FUMIHIRO KOZATO      
	 	 	 	 	
 (Signature of Authorized Person)
	

 	
 	

Title:	
 	
PRESIDENT & CEO

TECHWELL, INC. SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO

SECOND AMENDED AND RESTATED VOTING AGREEMENT  

        IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	
TCV IV, L.P.

TCV IV Strategic Partners, L.P.
	

 	
 	

By:	
 	

Technology Crossover Management IV, LLC
	 	 	 	 	
 (Print Name of Investor)

Its: General Partner
	

 	
 	

By:	
 	

/s/  CARLA S. NEWELL      
	 	 	 	 	
 (Signature of Authorized Person)

Carla S. Newell
	

 	
 	

Title:	
 	

Attorney-in-fact
	 	 	 	 	

TECHWELL, INC. SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO

SECOND AMENDED AND RESTATED VOTING AGREEMENT  

        IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*

Millennia 2000 Venture Capital Investment Limited Partnership
	

 	
 	

 	
 	

/s/  TATSUYA KUROYANAGI      
	 	 	 	 	
 Tatsuya Kuroyanagi
	

 	
 	

 	
 	

General Partner

President

Millennia Venture Co., Ltd.

TECHWELL, INC. SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO

SECOND AMENDED AND RESTATED VOTING AGREEMENT  

SIGNATURE PAGE TO ACTION BY WRITTEN CONSENT OF THE SHAREHOLDERS OF TECHWELL TECHNOLOGIES, INC.  

        IN WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	

 	
 	

FRANK YU

(Print Name of Investor)
	

 	
 	

By:	
 	

/s/  FRANK YU      
	 	 	 	 	
 (Signature of Authorized Person)

        IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	

 	
 	

Masaharu Shinya
	 	 	 	 	
 (Print Name of Investor)
	

 	
 	

By:	
 	

/s/  MASAHARU SHINYA      
	 	 	 	 	
 (Signature of Authorized Person)
	

 	
 	

Title:	
 	

TECHWELL, INC. SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO

SECOND AMENDED AND RESTATED VOTING AGREEMENT  

        IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	

 	
 	

Sanyo Semiconductor Corp.
	 	 	 	 	
 (Print Name of Investor)
	

 	
 	

By:	
 	

/s/  KATSUHITO TAKEI      
	 	 	 	 	
 (Signature of Authorized Person)

Katsuhito Takei
	

 	
 	

Title:	
 	

Treasurer
	 	 	 	 	

TECHWELL, INC. SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO

SECOND AMENDED AND RESTATED VOTING AGREEMENT  

        IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	

 	
 	

Mo Bei Lee
	 	 	 	 	
 (Print Name of Investor)
	

 	
 	

By:	
 	

/s/  MO BEI LEE      
	 	 	 	 	
 (Signature of Authorized Person)
	

 	
 	

Title:	
 	

 
	 	 	 	 	

TECHWELL, INC. SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO

SECOND AMENDED AND RESTATED VOTING AGREEMENT  

        IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	

 	
 	

Kenny Liu
	 	 	 	 	
 (Print Name of Investor)
	

 	
 	

By:	
 	

/s/  KENNY LIU      
	 	 	 	 	
 (Signature of Authorized Person)
	

 	
 	

Title:	
 	

 
	 	 	 	 	

TECHWELL, INC. SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO

SECOND AMENDED AND RESTATED VOTING AGREEMENT  

        IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

/s/  FUMIHIRO KOZATO      
	 	 	 	 	
 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	

 	
 	

Feng Kuo
	 	 	 	 	
 (Print Name of Investor)
	

 	
 	

By:	
 	

/s/  FENG KUO      
	 	 	 	 	
 (Signature of Authorized Person)
	

 	
 	

Title:	
 	

CTO

TECHWELL, INC. SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO

SECOND AMENDED AND RESTATED VOTING AGREEMENT  

IN WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

    
 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	
Siliconware Investment Company Ltd.
 (Print Name of Investor)
	

 	
 	

By:	
 	

/s/  JEROME TSAI      
 (Signature of Authorized Person)
	 	 	Title:	 	President

 TECHWELL, INC.

SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO SECOND AMENDED AND

RESTATED VOTING AGREEMENT  

IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

    
 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	
Yutaka Konishi
 (Print Name of Investor)
	

 	
 	

By:	
 	

/s/  YUTAKA KONISHI      
 (Signature of Authorized Person)
	 	 	Title:	 	 

 TECHWELL, INC.

SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO SECOND AMENDED AND

RESTATED VOTING AGREEMENT  

IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

    
 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	
Chizuko Lovely
 (Print Name of Investor)
	

 	
 	

By:	
 	

/s/  CHIZUKO LOVELY      
 (Signature of Authorized Person)
	 	 	Title:	 	 

 TECHWELL, INC.

SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO SECOND AMENDED AND

RESTATED VOTING AGREEMENT  

IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

    
 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	
Yoko Koike
 (Print Name of Investor)
	

 	
 	

By:	
 	

/s/  YOKO KOIKE      
 (Signature of Authorized Person)
	 	 	Title:	 	 

 TECHWELL, INC.

SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO SECOND AMENDED AND

RESTATED VOTING AGREEMENT  

IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

    
 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	
China International Venture Capital Co., Ltd.
 (Print Name of Investor)
	

 	
 	

By:	
 	

/s/  [ILLEGIBLE]      
 (Signature of Authorized Person)
	 	 	Title:	 	 

 TECHWELL, INC.

SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO SECOND AMENDED AND

RESTATED VOTING AGREEMENT  

IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

    
 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	
China Century Venture Capital Co., Ltd.
 (Print Name of Investor)
	

 	
 	

By:	
 	

/s/  [ILLEGIBLE]      
 (Signature of Authorized Person)
	 	 	Title:	 	 

 TECHWELL, INC.

SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO SECOND AMENDED AND

RESTATED VOTING AGREEMENT  

IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

    
 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	
Credit Suisse Asset Management Funds
 On behalf of: Credit Suisse Equity Fund High Tech

(Print Name of Investor)
	 	 	By:	 	/s/  G. WYSS      
	 	/s/  MARC TROG      

	 	 	 	 	(Signature of Authorized Person)
	 	 	 	 	Gabriele Wyss	 	Marc Trog
	 	 	Title:	 	(Vice President)	 	(Assistant Vice President)

 TECHWELL, INC.

SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO SECOND AMENDED AND

RESTATED VOTING AGREEMENT  

IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 
	 	 
	 	 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

    
 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	
Gregor Beecher
 (Print Name of Investor)
	

 	
 	

By:	
 	

/s/  GREGOR BEECHER      
 (Signature of Authorized Person)
	 	 	Title:	 	Dr. Gregor Beecher

 TECHWELL, INC.

SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO SECOND AMENDED AND

RESTATED VOTING AGREEMENT  

IN
WITNESS WHEREOF, the parties hereto have executed this Amendment Number One to Second Amended and Restated Voting Agreement as of the date first written above. 

	 	 	TECHWELL, INC.
	

 	
 	

By:	
 	

    
 Fumihiro Kozato, President
	

 	
 	
COMMON HOLDERS AND INVESTORS:*
	

 	
 	
Paul R. Hofer

(Print Name of Investor)
	

 	
 	

By:	
 	

/s/  HOFER      
 (Signature of Authorized Person)
	 	 	Title:	 	 

 TECHWELL, INC.

SIGNATURE PAGE TO AMENDMENT NUMBER ONE TO SECOND AMENDED AND

RESTATED VOTING AGREEMENT  

QuickLinks

SECOND AMENDED AND RESTATED VOTING AGREEMENT

SCHEDULE A Schedule of Investors

SCHEDULE B Schedule of Common Holders

EXHIBIT A ADOPTION AGREEMENT

TECHWELL, INC. AMENDMENT NUMBER ONE TO SECOND AMENDED AND RESTATED VOTING AGREEMENT Effective as of October 24, 2005

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