Document:

Specimen Common Stock Certificate

 Exhibit 4.2 
 

 
 016570| 003590|127C|RESTRICTED||4|057-423 COMMON STOCK PAR VALUE $0.001 COMMON STOCK
THIS CERTIFICATE IS TRANSFERABLE IN CANTON, MA AND NEW YORK, NY Shares * * 0 0 0 0 0 0 * * * * * * * * * 0 0 0 0 0 0 * * * * * * * * * 0 0 0 0 0 0 * * * * * * * * * 0 0 0 0 0 0 * * * * * * * * * 0 0 0 0 0 0 * * GCT SEMICONDUCTOR, INC. INCORPORATED
UNDER THE LAWS OF THE STATE OF DELAWARE CUSIP 36158A 10 1 SEE REVERSE FOR CERTAIN DEFINITIONS THIS CERTIFIES THAT is the owner of ** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample ****
Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David
Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample MR. **** Mr. Alexander SAMPLE David Sample ****
Mr. Alexander David &Sample MRS. **** Mr. Alexander David SAMPLE Sample **** Mr. Alexander David & Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample ****
Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David
Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander MR. David Sample SAMPLE ****
Mr. Alexander David Sample & **** Mr. Alexander MRS. David Sample **** SAMPLE Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample ****
Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David
Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Sample **** Mr. Sample
**000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares***
*000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****
000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****0
00000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****00 ***ZERO HUNDRED THOUSAND
0000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000
000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****0000
00**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****00000
0**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000
**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000* ZERO HUNDRED AND ZERO***
*Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**
Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**S Certificate Number ZQ 000000 FULLY-PAID AND NON-ASSESSABLE SHARES OF THE COMMON STOCK OF GCT
Semiconductor, Inc. (hereinafter called the “Company”), transferable on the books of the Company in person or by duly authorized attorney, upon surrender of this Certificate properly endorsed. This Certificate and the shares represented
hereby, are issued and shall be held subject to all of the provisions of the Certificate of Incorporation, as amended, and the By-Laws, as amended, of the Company (copies of which are on file with the Company and with the Transfer Agent), to all of
which each holder, by acceptance hereof, assents. This Certificate is not valid unless countersigned and registered by the Transfer Agent and Registrar. Witness the facsimile seal of the Company and the facsimile signatures of its duly authorized
officers. FACSIMILE SIGNATURE TO COME President FACSIMILE SIGNATURE TO COME Secretary DATED <<Month Day, Year>> COUNTERSIGNED AND REGISTERED: COMPUTERSHARE TRUST COMPANY, N.A. TRANSFER AGENT AND REGISTRAR, AUTHORIZED SIGNATURE By PO BOX
43004, Providence, RI 02940-3004 MR A SAMPLE DESIGNATION (IF ANY) ADD 1 ADD 2 ADD 3 ADD 4 CUSIP XXXXXX XX X Holder ID XXXXXXXXXX Insurance Value 00.1,000,000 Number of Shares 123456 DTC 12345678901234512345678 Certificate Numbers Num/No Denom.
Total. 1234567890/1234567890 111 1234567890/1234567890 222 1234567890/1234567890 333 1234567890/1234567890 444 1234567890/1234567890 555 1234567890/1234567890 666 Total Transaction 7 GCT SEAL 2001 Delaware GCT Semiconductor, Inc. 

 

 
 GCT SEMICONDUCTOR, INC. THE COMPANY WILL FURNISH WITHOUT CHARGE TO EACH SHAREHOLDER WHO
SO REQUESTS, A SUMMARY OF THE POWERS, DESIGNATIONS, PREFERENCES AND RELATIVE, PARTICIPATING, OPTIONAL OR OTHER SPECIAL RIGHTS OF EACH CLASS OF STOCK OF THE COMPANY AND THE QUALIFICATIONS, LIMITATIONS OR RESTRICTIONS OF SUCH PREFERENCES AND RIGHTS,
AND THE VARIATIONS IN RIGHTS, PREFERENCES AND LIMITATIONS DETERMINED FOR EACH SERIES, WHICH ARE FIXED BY THE ARTICLES OF INCORPORATION OF THE COMPANY, AS AMENDED, AND THE RESOLUTIONS OF THE BOARD OF DIRECTORS OF THE COMPANY, AND THE AUTHORITY OF THE
BOARD OF DIRECTORS TO DETERMINE VARIATIONS FOR FUTURE SERIES. SUCH REQUEST MAY BE MADE TO THE OFFICE OF THE SECRETARY OF THE COMPANY OR TO THE TRANSFER AGENT. THE BOARD OF DIRECTORS MAY REQUIRE THE OWNER OF A LOST OR DESTROYED STOCK CERTIFICATE, OR
HIS LEGAL REPRESENTATIVES, TO GIVE THE COMPANY A BOND TO INDEMNIFY IT AND ITS TRANSFER AGENTS AND REGISTRARS AGAINST ANY CLAIM THAT MAY BE MADE AGAINST THEM ON ACCOUNT OF THE ALLEGED LOSS OR DESTRUCTION OF ANY SUCH CERTIFICATE. The following
abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations: TEN COM—as tenants in common UNIF GIFT MIN ACT—Custodian
(Cust)(Minor) TEN ENT—as tenants by the entireties under Uniform Gifts to Minors Act (State) JT TEN—as joint tenants with right of survivorship UNIF TRF MIN ACT—Custodian (until age ) and not as tenants in common(Cust) under Uniform
Transfers to Minors Act (Minor)(State) Additional abbreviations may also be used though not in the above list. PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE For value received,
            hereby sell, assign and transfer unto (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING POSTAL ZIP CODE, OF ASSIGNEE) of the common stock represented by the within
Certificate, and do hereby irrevocably constitute and appoint Shares Attorney to transfer the said stock on the books of the within-named Company with full power of substitution in the premises. Dated: Signature: Signature: 20
            Notice: The signature to this assignment must correspond with the name as written upon the face of the certificate, in every particular, without alteration or enlargement, or
any change whatever. Stockbrokers, THE SIGNATURE(S) Savings SHOULD and Loan BE Associations GUARANTEED and Credit BY AN Unions) ELIGIBLE WITH GUARANTOR MEMBERSHIP INSTITUTION IN AN APPROVED (Banks, SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO
S.E.C. RULE 17Ad-15. The IRS requires that we report the cost basis of certain shares acquired after January 1, 2011. If your shares were covered by the legislation and you have sold or transferred the shares and requested a specific cost basis
calculation method, we have processed as requested. If you did not specify a cost basis calculation method, we have defaulted to the first in, first out (FIFO) method. Please visit our website or consult your tax advisor if you need additional
information about cost basis. If you do not keep in contact with us or do not have any activity in your account for the time periods specified by state law, your property could become subject to state unclaimed property laws and transferred to the
appropriate state. SECURITY INSTRUCTIONS THIS IS WATERMAKED PAPER DO NOT ACCEPT WITHOUT NOTHING WATERMARK. HOLD TO LIGHT TO VERIFY WATERMARKFirst Amendment to Amended and Restated Loan and Security Agreement and Waiver

 Exhibit 10.25 
 FIRST AMENDMENT TO AMENDED AND RESTATED LOAN AND 
 SECURITY AGREEMENT AND
WAIVER 
 This First Amendment to Amended and Restated Loan and Security Agreement and Waiver (this “Amendment”)
is entered into as of June 22, 2011, by and between COMERICA BANK (“Bank”) and GCT SEMICONDUCTOR, INC. (“Borrower”). 
 RECITALS 
 Borrower and Bank are parties to that certain Amended and
Restated Loan and Security Agreement dated as of April 4, 2011, as it may be amended from time to time (the “Agreement”). The parties desire to amend the Agreement. 

NOW, THEREFORE, the parties agree as follows: 
 1. Exhibit A of the Agreement is amended by amending and restating the definition of “Profitability” to read in its entirety as follows: 

“‘profitability’ means net income after tax (excluding non-cash warrant gains and losses) as determined in accordance with
GAAP.” 
 2. The reference to “July 15, 2011” set forth in Section 6.2 of the Agreement is deleted and
replaced with “July 31, 2011”. 
 3. Borrower violated (a) Section 6.2(ii) of the Loan Agreement by failing
to deliver its fiscal year 2009 annual consolidated and consolidating financial statements by May 31, 2011 and (b) Section 6.7(b) of the Loan Agreement (Quarterly Profitability) for the period ended March 30, 2011 (the
“Violations”). In addition, under Section 6.3 of the Loan Agreement, Borrower was required to notify Bank of all returns and recoveries that occurred in April of 2011 because the aggregate amount of returns and recoveries exceeded
$100,000 (the “Reportable Event”). Borrower has also informed Bank that the opinion of Borrower’s auditors with respect to Borrower’s financial statements for its 2009 and 2010 fiscal years will contain a going concern emphasis
paragraph (the “Going Concern Paragraphs”). Borrower requested that Bank (a) waive any Events of Default under the Loan Agreement resulting from the Violations, (b) acknowledge that Bank received notice of the Reportable Event
and (c) consent to the delivery of the 2009 and 2010 opinions with the Going Concern Paragraphs. Bank hereby (i) waives any Event of Default which exists under the Loan Agreement as a result of the Violations (“Waiver”),
(ii) acknowledges that Bank received notice of the Reportable Event and (iii) consents to the delivery of the 2009 and 2010 opinions with the Going Concern Paragraphs; provided, however, that the Waiver is conditioned upon Bank’s
receipt, on or before July 31, 2011, of Borrower’s fiscal year 2009 annual consolidated and consolidating financial statements. 
 4. No course of dealing on the part of Bank or its officers, nor any failure or delay in the exercise of any right by Bank, shall operate as a waiver thereof, and any single or partial exercise of any
such right shall not preclude any later exercise of any such right. Bank’s failure at any time to require strict performance by Borrower of any provision shall not affect any right of Bank thereafter to demand strict compliance and performance.
Any suspension or waiver of a right must be in writing signed by an officer of Bank. 
 5. Unless otherwise defined, all
initially capitalized terms in this Amendment shall be as defined in the Agreement. The Agreement, as amended hereby, shall be and remain in full force and effect in accordance with its respective terms and hereby is ratified and confirmed in all
respects. Except as expressly set forth herein, the execution, delivery, and performance of this Amendment shall not operate as a waiver of, or as an amendment of, any right, power, or remedy of Bank under the Agreement, as in effect prior to the
date hereof. 
 6. Borrower represents and warrants that the representations and warranties contained in the Agreement are true
and correct in all material respects as of the date of this Amendment except to the extent such representation or warranty expressly relates to an earlier date, and that except as set forth herein, no Event of Default has occurred and is continuing.

 7. As a condition to the effectiveness of this Amendment, Bank shall have received, in form
and substance satisfactory to Bank, the following: 
  

	 	(a)	this Amendment, duly executed by Borrower; 

  

	 	(b)	an Affirmation of Subordination Agreement, duly executed by United Microelectronics Corporation; 

 

	 	(c)	a Certificate of the Secretary of Borrower with respect to incumbency and resolutions authorizing the execution and delivery of this Amendment;

  

	 	(d)	all reasonable Bank Expenses incurred through the date of this Amendment, which may be debited from any of Borrower’s accounts; and 

 

	 	(e)	such other documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate. 

8. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one instrument. 
 [Remainder of Page Intentionally Left Blank] 

  
 2 

 IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the first date above
written. 
  

			
	GCT SEMICONDUCTOR, INC.
		
	By:	 	 /s/ Kyeongho Lee

	Title:	 	President & Chief Executive Officer
	
	COMERICA BANK
		
	By:	 	 /s/ Benjamin Yu

	Title:	 	Vice President

  
 3 

 AFFIRMATION OF SUBORDINATION AGREEMENT 

THIS AFFIRMATION OF SUBORDINATION AGREEMENT (this “Affirmation”) is made as of June 22, 2011, by the undersigned creditor
(“Creditor”) for the benefit of Comerica Bank (“Bank”) 
 RECITALS 

A. GCT SEMICONDUCTOR, INC. (“Borrower”) has obtained certain loans or other credit accommodations from Bank pursuant to that
certain Amended and Restated Loan and Security Agreement, dated April 4, 2011 (the “Agreement”). Borrower and Bank propose to enter into a First Amendment to Amended and Restated Loan and Security Agreement and Waiver, dated as of
June 22, 2011 (the “Amendment”). 
 B. Creditor executed for the benefit of Bank a Subordination Agreement, dated
as of April 4, 2011 (the “Subordination Agreement”). Bank has agreed to enter into the Amendment provided, among other things, that, Creditor acknowledges the entry by Borrower into the Amendment and agrees that its Subordination
Agreement will remain effective. 
 AGREEMENT 
 NOW, THEREFORE, Creditor agrees as follows: 
 1. Creditor acknowledges the
execution, delivery and performance by Borrower of the Amendment and acknowledges and agrees that the Subordination Agreement shall remain in full force and effect with respect to all of Borrower’s obligations to Bank under the Agreement and
otherwise. 
 2. Creditor affirms its obligations under the Subordination Agreement. 

3. Unless otherwise defined, capitalized terms in this Affirmation shall have the meaning assigned in the Subordination Agreement or the
Agreement, as applicable. This Affirmation may be executed in two or more counterparts, each of which shall be deemed an original, but all of which shall constitute one instrument. 

[Remainder of Page Intentionally Left Blank] 

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

									
	 “Creditor”
	 		 	 “Borrower”

			
	UNITED MICROELECTRONICS CORPORATION	 		 	GCT SEMICONDUCTOR, INC.
					
	By:	 	 /s/ Jason Wang
	 		 	By:	 	 /s/ Kyeongho Lee

	Name:	 	Jason Wang	 		 	Name:	 	Kyeongho Lee
	Title:	 	President – UMC - USA	 		 	Title:	 	President & Chief Executive Officer

  
 2 

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

									
	 “Creditor”
	 		 	 “Borrower”

			
	 UNITED MICROELECTRONICS CORPORATION
	 		 	GCT SEMICONDUCTOR, INC.
					
	By:	 	 /s/ Benjamin Yu
	 		 	By:	 	 /s/ Kyeongho Lee

	Name:	 	Benjamin Yu	 		 	Name:	 	Kyeongho Lee
	Title:	 	Vice President	 		 	Title:	 	President & Chief Executive Officer

  
 2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00199-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00199-of-00352.parquet"}]]