Document:

<PAGE>
                                                                    Exhibit 10.2

                              EMPLOYMENT AGREEMENT

      THIS AGREEMENT is made and entered into as of JUNE 1, 2002 by and between
MAGUIRE INSURANCE AGENCY, INC., a Pennsylvania corporation ("Employer"), and
CHRISTOPHER MAGUIRE ("Employee") for the purposes herein stated.

                             Background of Agreement

      Employee desires to continue in the employ of the Employer, and desires
certain protections and benefits; and

      Employee and the Employer deem it to be in their respective best interests
to enter into an agreement providing for compensation and benefits for Employee
pursuant to the terms stated in this Agreement; and

      The Employer desires to place reasonable restraints upon Employee's
ability to compete with the Employer during a specified period immediately
following Employee's termination from employment;

      Accordingly, in consideration of the mutual promises and agreements
contained herein, the parties hereto agree to the following:

      1. EMPLOYMENT. The Employer agrees to continue Employee in its employ, and
Employee agrees to remain in the employ of the Employer, for the Term of this
Agreement, subject to Sections 6 and below.

      2. DEFINITIONS. The following terms when used herein shall have the
meanings given below:

            (a) "AFFILIATE" means any party controlled by, under the control of,
or under common control with, Employer or PCHC.

            (b) "AGREEMENT AND GENERAL RELEASE" means a general release of
claims against the Employer in a form acceptable to the Employer.

            (c) "BASE COMPENSATION" means the annual base salary of Employee,
exclusive of any bonus, insurance, or other fringe benefits and perquisites.

            (d) "BOARD" means the Board of Directors of PCHC.

            (e) "CAUSE" means commission of any of the following listed conduct
by Employee: a felony or any crime involving moral turpitude (whether or not
related to Employee's employment), incompetence or gross negligence,
unsatisfactory performance of a substantial nature, drug or alcohol use which
interferes with Employee's job performance, insubordination, willful misconduct,
violation of any express directive or regulation established by the Employer
from time to time regarding the conduct of its business, misrepresentations by
<PAGE>
Employee related to this Agreement, any violation by Employee of the terms and
conditions of this Agreement not cured within ten days after written notice
thereof is given by the Employer to Employee, acceptance of employment with
another company (other than employment with a Successor or a purchaser of assets
from the Employer), and/or performing work for another company, as an employee,
consultant or in any other capacity, while still an employee of the Employer and
any other act, omission or circumstance which, under applicable law, would
result in a termination by the Employer of Employee's employment hereunder to be
deemed to be a termination for cause.

            (f) "EFFECTIVE DATE" means the date upon which this Agreement
becomes effective, as set forth in Section 4 below.

            (g) "GOOD REASON" means either of the following:

                  (i) A change in Employee's position of authority in a manner
that materially reduces the responsibility of Employee's current position of
(i), provided, however, the fact that there may be additional executives in the
reporting structure above Employee will not be deemed to materially reduce the
responsibility of Employee's position.

                  (ii) A reduction in Employee's Base Compensation.

            (h) "HOSTILE CHANGE IN CONTROL" mean individuals who are Continuing
Directors cease to constitute a majority of the members of the Board
("Continuing Directors" for this purpose being the members of the Board on the
date of this Agreement, provided that any person becoming a member of the Board
subsequent to such date whose election or nomination for election was supported
by two-thirds of those directors who were Continuing Directors at that time of
the election or nomination shall be deemed to be c Continuing Director).

            (i) "PCHC" means Philadelphia Consolidated Holding Corp., a
Pennsylvania corporation.

            (j) "SUCCESSORS" means any entity that acquires at least fifty (50)
percent of the shares of outstanding stock, and/or fifty percent (50%) of the
assets, of the Employer or PCHC (whether direct or indirect, by purchase,
merger, consolidation or otherwise).

            (k) "TERM" shall have the meaning set forth in Section 4 below.

      3. POSITION AND RESPONSIBILITIES.

            (a) During the Term of this Agreement, Employee agrees to serve the
Employer as SENIOR VICE PRESIDENT. This in no way inhibits him from being
promoted to another position during the Term of this Agreement, or assigned
different duties, consistent with Employee's status and responsibility, which
changes are in the sole discretion of the Employer.

            (b) Throughout the Term of this Agreement, Employee shall devote his
entire working time, energy, attention, skill and best efforts to the affairs of
the Employer and its Affiliates and to the performance of his duties hereunder
in a manner which will faithfully and diligently further the business and
interests of the Employer.

                                     - 2 -
<PAGE>
            4. TERM. This Agreement shall be effective on JUNE 1, 2002 (the
"Effective Date") and shall expire in the absence of a Hostile Change in Control
on the fifth anniversary of such date, unless extended by agreement of Employee
and the Employer. In the event of a Hostile Change in Control, this Agreement
shall be automatically extended for a period of three years, commencing upon the
expiration date set forth in the immediately preceding sentence. Notwithstanding
the foregoing, Employee and the Employer agree that the provisions of Section 7
shall remain in effect and enforceable in accordance with its terms following
the expiration of this Agreement, except as otherwise provided in such Section
7. The applicable period referred to above is referred to herein as the "Term"
of this Agreement.

            5. COMPENSATION AND BENEFITS. During the Term of this Agreement,
Employee shall be eligible for the following, in return for all services
rendered by Employee to the Employer during the period of employment, subject to
the provisions of Section 6, as applicable:

            (a) BASE COMPENSATION. Upon the effective date of this Agreement,
Employee shall receive Base Compensation at the annual rate of TWO HUNDRED
THIRTY ONE THOUSAND EIGHT HUNDRED TWENTY FIVE Dollars ($231,825), subject to
periodic reviews and possible increases in the sole discretion of the Employer.
Employee's Base Compensation shall be payable in accordance with the Employer's
regular payroll practices in effect from time to time.

            (b) BENEFITS. Employee shall be entitled to all group health,
disability, life insurance and pension benefits as are made available to
employees of the Company generally as such benefit programs may be amended from
time to time. Benefits due under any Bonus Plan or Stock Option Plan will be
paid based upon the Agreements signed specific to those plans.

            (c) BUSINESS EXPENSES. Employee shall be reimbursed reasonable and
necessary expenses related to Employee's employment by the Employer in
accordance with, and subject to, the Employer's regular policies from time to
time in effect regarding reimbursement of expenses and the documentation
required.

      6. TERMINATION OF EMPLOYMENT. The following provisions shall govern in the
event that Employee's employment is terminated by the Employer or by Employee
during the term of this Agreement, except as provided in Section 8, if
applicable:

            (a) Discharge Without Cause or Resignation for Good Reason. Employee
shall receive from the Employer, provided (unless waived by the Employer)
Employee executes (without subsequent revocation) a General Release (except that
Employee shall not be obligated to do so following a Hostile Change in Control),
in the event that Employee either: (A) is discharged without Cause and for
reasons unrelated to his disability or death; or (B) resigns from the Employer
for Good Reason within twelve (12) weeks of the occurrence of the event upon
which Employee relies for claiming that his resignation is for Good Reason:

                  His Base Compensation for the lesser of (A) 36 months or (B)
the remainder of the Terms of this Agreement, but in no event less than 6
months, paid in accordance with the Employer's regular payroll practices then in
effect.

                                     - 3 -
<PAGE>
            (b) Discharge With Cause, Resignation Without Good Reason, Discharge
in Connection With Disability or Death.

                  (i)   Employee shall not be eligible for any payments or
                        benefits for the period subsequent to his separation in
                        any of the following circumstances: (A) he is discharged
                        with Cause; (B) he resigns without Good Reason, or more
                        than twelve (12) weeks following the occurrence of the
                        event upon which Employee relies for claiming that his
                        resignation was for Good Reason; (C) he is discharged
                        due to his inability or failure to perform
                        satisfactorily the essential functions of his position
                        for six (6) months due to disability; or (D) his death.

                  (ii)  Employee shall receive all Base Compensation for work
                        performed and benefits applicable to the period prior to
                        his separation from the Employer (including any earned
                        and not paid bonus for the prior year and any Base
                        Compensation and/or benefits for which he is entitled in
                        accordance with the Employer's compensation and
                        disability policies, if applicable, then in effect). In
                        the event of his disability or death, Employee shall be
                        eligible, in addition, for any disability or life
                        insurance payments to which he or his estate or
                        beneficiaries may be entitled pursuant to the applicable
                        insurance documents relating to any group disability or
                        life insurance plans in which he participated prior to
                        his separation.

            (c) Notice of Termination. Any termination by the Employer or by
Employee shall be communicated by written Notice of Termination to the other
party given in accordance with Section 16 below. Such Notice of Termination
shall indicate the specific termination provision(s) in this Agreement relied
upon and specify the effective date of the termination if other than the date
such Notice of Termination is given (which effective date shall be not more than
thirty (30) calendar days thereafter).

      7. RESTRICTIVE COVENANTS AND CONFIDENTIALITY.

            (a) During Employee's employment with the Employer and for two (2)
years following Employee's separation from the Employer for any reason (whether
initiated by the Employer or Employee), Employee shall not directly or
indirectly either: (A) with respect to a Competitive Business (defined above),
solicit, divert or appropriate, or attempt to solicit, divert or appropriate,
any customer, distributor or supplier, or any potential customer, or supplier of
the Employer; or (B) solicit or entice, or attempt to solicit or entice, any of
the Employer's employees, consultants, directors or officers to terminate
her/his employment with the Employer, or join with any individual who is or was
within the prior six (6) months an employee, consultant, director or officer of
the Employer, in any direct or indirect capacity, or to hire, or commit to hire,
as an employee or consultant any individual who is or was within the prior six
(6) months an employee, consultant, officer or director of the Employer.

                                     - 4 -
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            (b) During Employee's employment with the Employer and at all times
thereafter, Employee shall not use for his personal benefit, or disclose,
communicate or divulge to, or use for the direct or indirect benefit of, any
person, firm, association or company other than the Employer, any confidential
information of the Employer which Employee acquires in the course of his
employment, which is not otherwise lawfully known by and readily available to
the general public. This confidential information includes, but is not limited
to: business, development, marketing, legal and accounting methods, policies,
plans, procedures, strategies and techniques; research and development projects
and results; trade secrets or other knowledge or processes of or developed by
the Employer; names and addresses of employees, suppliers and customers; and any
data on or relating to past, present or prospective customers, including
customer lists. Employee agrees that such information is confidential and
constitutes the exclusive property of the Employer, and Employee agrees that,
immediately upon Employee's termination, whether by Employee, or by the
Employer, Employee will deliver to the Employer, all correspondence, documents,
books, records, lists and other writings relating to the Employer's business,
retaining no copies.

            (c) The term "Employer", as used in this Section 7 and in Section
11, shall include as well all Affiliates of Employer and PCHC.

            (d) Employee acknowledges and agrees that the provisions of this
Section 7 are reasonable with respect to their duration, scope and geographical
area. In particular, Employee acknowledges that the geographic scope of the
Employer's business makes reasonable the geographic restrictions of this
Agreement. Employee agrees that his general executive skills and abilities are
applicable outside of the Competitive Business and that he will therefore not be
unduly restricted by this Agreement. If, at the time of enforcement of any of
the provisions of this Section 7, a court holds that the restrictions therein
exceed those allowed by applicable law, then such court will be requested by the
Employer, Employee and all other relevant parties to enforce the provisions in
this Section 7 to the broadest extent possible under applicable law and this
Section 7 shall be deemed to have been so modified.

            (e) In the event of a breach or threatened breach of the provisions
of this Section 7, the Employer shall be entitled to an injunction restraining
such breach, but nothing herein shall be construed as prohibiting the Employer
from pursuing any other remedy available to them for such breach or threatened
breach, including, without limitation, an action at law for damages.

            (f) Notwithstanding anything to the contrary contained in this
Section 7 or any other provisions of the Agreement, Employee shall not be bound
by any of the provisions of Section 7(a) following a Hostile Change in Control.

      8. HOSTILE CHANGE IN CONTROL. In the event of a Hostile Change in Control:

            (a) Section 6 shall apply, except as set forth in Section 8(b)
below.

            (b) Enhanced Severance Package in the Event of Hostile Change in
Control. In the event that Employee, at any time after a Hostile Change in
Control, is discharged without Cause and for reasons unrelated to his disability
or death, or resigns for Good Reason within

                                     - 5 -
<PAGE>
twelve (12) weeks of the occurrence of the event upon which Employee relies for
claiming that his resignation is for Good Reason:

                  (i) The period specified in Section 6(a)(i) above during which
Employee shall receive his Base Compensation shall be increased to 48 months
from 36 months.

                  (ii) The maximum period during which Employee and his
eligible, previously enrolled dependents shall be eligible for Employer-paid
group medical and dental insurance under Section 6(a)(iii) above shall be
increased to 36 months from twelve (12) months.

      9. INELIGIBILITY FOR PARTICIPATION IN OTHER EMPLOYER SEVERANCE PLANS. In
the event that Employee becomes entitled to the severance benefits set forth in
Section 6 above, Employee shall be ineligible for (and deemed to have waived his
right to receive) payments under any other severance plan, program or
arrangement maintained by the Employer.

      10. ARBITRATION. Except as set forth in Section 10(f), all disputes
arising under this Agreement or relating to Employee's employment or termination
of employment, including but not limited to statutory claims for violation of
Title VII of the Civil Rights Act, the Age Discrimination in Employment Act, the
Americans with Disabilities Act, the Family Medical Leave Act and ERISA as well
as state laws governing discrimination shall be exclusively resolved in
arbitration in accordance with the following:

            (a) The Rules for the Resolution of Employment Disputes ("Rules"),
then in effect, of the American Arbitration Association ("AAA") shall govern,
except that Employee and the Employer may mutually agree to utilize another
process for selection of the Arbitrator.

            (b) The Arbitrator, in cooperation with Employee and the Employer,
shall set the date, time and place of the hearing in Philadelphia, Pennsylvania.

            (c) The Arbitrator shall have all of the power of a court of
competent jurisdiction for hearing the particular claim, including the power to
order discovery, as set forth in the AAA's rules, and to grant such remedies as
a court would have authority to grant.

            (d) The decision of the Arbitrator shall be in writing and shall set
forth the findings and conclusions upon which the decision is based. It shall be
final and binding, and may be enforced under the terms of the Federal
Arbitration Act (9 U.S.C. Section 1 et seq), but may be set aside or modified by
a reviewing court in the event of a material error of law.

            (e) The Employer and Employee shall share the cost of the
Arbitrator's fees but each shall bear his or its, as applicable, attorneys'
fees, expenses and costs and its respective filing fees charged by the AAA;
provided, however, that the Arbitrator shall have the power to award such fees,
expenses and costs to the prevailing party in accordance with the law and to
require the Employer at the beginning of the proceedings to fully or partially
reimburse to employee the filing fee in the event Employee can demonstrate that
the amount of the fee is an unreasonable impediment to adjudication of his
claims in arbitration.

            (f) This Section 10 shall not apply to any action by the Employer to
enforce Section 7 of this Agreement.

                                     - 6 -
<PAGE>
      11. EMPLOYER PROPERTY. All Employer information, including without
limitation, data processing reports, analyses, invoices, and/or any other
materials or data of any kind furnished to Employee by the Employer or developed
by Employee on behalf of the Employer, or at the Employer's direction or for the
Employer's use, or otherwise in connection with Employee's employment hereunder,
are and shall remain the sole and confidential property of the Employer, except
to the extent such information has been publicly disclosed voluntarily by the
Employer. If the Employer requests the return of such materials, Employee shall
immediately deliver them, retaining no copies.

      12. INCOME TAX WITHHOLDING. The Employer may withhold from any payments
made under this Agreement all Federal, State, City or other taxes and
withholdings as shall be required pursuant to any law or governmental regulation
or ruling.

      13. NO RESTRICTIONS ON EMPLOYEE'S EMPLOYMENT BY EMPLOYER. Employee
represents to Employer that: (i) there are no restrictions, agreements or
understandings whatsoever to which Employee is a party and no laws or
regulations of which he is aware which would or may prevent or make unlawful his
employment by the Employer; (ii) his execution of this Agreement and his
employment hereunder shall not constitute a breach of any contract, agreement or
understanding, oral or written, to which he is a party or by which he is bound;
and (iii) he is free and able to execute this Agreement and to enter into
employment with the Employer.

      14. ENTIRE UNDERSTANDING. This Agreement contains the entire understanding
between the Employer, and Employee superceding all others with respect to the
subject matter hereof, and there are no other agreements, understandings,
representations or warranties among the parties.

      15. SEVERABILITY. If any term or other provision of this Agreement is
invalid, illegal or incapable of being enforced by any rule of law of law or
public policy, all other conditions and provisions of this Agreement shall
nevertheless remain in full force and effect. Upon such determination that any
term or other provision is invalid, illegal or incapable of being enforced, the
parties hereto shall negotiate in good faith to modify this Agreement so as to
effect the original intent of the parties as closely as possible in an
acceptable manner to the end that the transactions contemplated hereby are
fulfilled to the extent possible.

      16. NOTICES. All notices hereunder shall be sufficient upon receipt for
all purposes hereunder if in writing and delivered personally, sent by
documented overnight delivery service or, to the extent receipt is confirmed,
telecopy, telefax or other documented transmission service to the appropriate
address or number as set forth below:

            (a) If to the Employee:

                Christopher Maguire
                206 Sugartown Road
                Devon, PA 19333

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<PAGE>
or at such other address as Employee may designate by written notice to the
Employer as specified below.

            (b) If to the Employer:

                Philadelphia Consolidated Holding Corp.
                One Bala Plaza
                Bala Cynwyd, PA
                Attention:  James J. Maguire, Jr.

or at such other address and to the attention of such other person as the
Employer may designate by written notice to Employee as specified above.

      17. SUCCESSORS AND ASSIGNS. This Agreement shall be binding upon and inure
to the benefit of Employee, Employee's heirs and legal representatives, and to
the Employer, and its Successors and assigns. PCHC and its Affiliates are third
party beneficiaries of this Agreement.

      18. NO ASSIGNMENT BY EMPLOYEE. This Agreement is personal to Employee, and
Employee may not assign or delegate any of Employee's rights or obligations
hereunder without first obtaining the express written consent of the Employer.

      19. COUNTERPARTS AND PREREQUISITES TO BINDING EFFECT OF AGREEMENT. This
Agreement may be executed in one or more counterparts, all of which shall be
considered one and the same agreement, and shall be effective when one or more
counterparts have been signed by each of the parties and delivered to the other
party.

      20. AMENDMENTS AND WAIVERS. This Agreement may not be modified or amended
except by an instrument or instruments in writing signed by the party against
whom enforcement of any modification or amendment is sought. A party hereto may,
only by an instrument in writing, waive compliance by the other party hereto
with any term or provision of the Agreement on the part of such other party
hereto to be performed or complied with. The waiver by any party hereto of a
breach of any term or provision of the Agreement shall not be construed as a
waiver of any subsequent breach.

      21. GOVERNING LAW. This Agreement shall be governed by and construed in
accordance with the laws of the Commonwealth of Pennsylvania without reference
to the choice of law principles thereof.

      22. JURISDICTION AND VENUE. The courts of Montgomery County, Pennsylvania
and the United States District Court for the Eastern District of Pennsylvania
shall have exclusive jurisdiction and venue with respect to any action to
enforce this Agreement which is not subject to arbitration.

      IN WITNESS WHEREOF, the parties hereto, intending to be legally bound,
have duly executed and delivered, in Pennsylvania, this Agreement.

                                     - 8 -
<PAGE>
                                   MAGUIRE INSURANCE AGENCY, INC.

                                   By: /s/ James J. Maguire           CEO
                                      -----------------------------------
                                      Title:

                                   I UNDERSTAND AND AGREE
                                   TO BE BOUND

                                   /s/ Christopher J. Maguire      8/12/02
                                   ---------------------------------------
                                   Employee                          DATE

                                     - 9 -<PAGE>

                                                                    Exhibit 4.15
                                                                  EXECUTION COPY

                               AMENDMENT NO. 4 TO
                      AMENDED AND RESTATED CREDIT AGREEMENT

            This AMENDMENT NO. 4 TO AMENDED AND RESTATED CREDIT AGREEMENT, dated
as of September 26, 2002, among Amkor Technology, Inc. a Delaware corporation
(the "Borrower") and the Lenders (as defined below) party hereto and the
Administrative Agent (as defined below), amends certain provisions of the
Amended and Restated Credit Agreement dated as of March 30, 2001 (as amended,
the "Credit Agreement") among the Borrower, the lenders party thereto
(collectively the "Lenders"), the issuing banks party thereto, Salomon Smith
Barney Inc. ("SSBI"), as sole book manager, Citicorp USA, Inc., as
administrative agent (the "Administrative Agent") and as collateral agent (the
"Collateral Agent"), SSBI and Deutsche Banc Alex. Brown Inc. ("DBAB"), as
arrangers, and DBAB as syndication agent.

            PRELIMINARY STATEMENTS:

            (1) The parties to this Amendment are party to the Credit Agreement.
Capitalized terms defined in the Credit Agreement and not otherwise defined in
this Amendment are used herein as therein defined.

            (2) The parties hereto have agreed to amend the Credit Agreement as
hereinafter set forth.

            SECTION 1. AMENDMENTS. Subject to the satisfaction of the conditions
precedent set forth in Section 2 hereof, the Credit Agreement is hereby amended
as follows:

            (a) AMENDMENTS TO ARTICLE I (DEFINITIONS AND ACCOUNTING TERMS).

                  (i) The following new definition is hereby inserted in Section
1.1 (Certain Defined Terms) of the Credit Agreement in the appropriate place to
preserve the alphabetical order of the definitions in such section:

                  "March 2004 Compliance Date" means the date the Agent receives
      the quarterly financial statements and accompanying certificates delivered
      pursuant to Section 5.3(c) for the fiscal quarter ending March 31, 2004.

                  (ii) The definition of "Applicable Margin" in Section 1.1
(Certain Defined Terms) of the Credit Agreement is hereby amended by (x)
replacing in its entirety the phrase "December 31, 2002" in the second line
thereof with the phrase "the March 2004 Compliance Date" and (y) inserting the
following sentence at the end thereto to read in its entirety as follows:

                  Notwithstanding the foregoing, in the event a Default has
      occurred and is continuing on the March 2004 Compliance Date, then the
      Applicable Margin with respect to the Term B Facility and the Revolving
      Credit Facility shall be as set forth above in clauses (a)(i) and (a)(ii)
      respectively.

                  (iii) The definition of "Unused Commitment Fee Rate" in
Section 1.1 (Certain Defined Terms) of the Credit Agreement is hereby amended
and restated in it entirety to read as follows:
<PAGE>
                  "Unused Commitment Fee Rate" means (i) for the period
      beginning on October 1, 2001 through the March 2004 Compliance Date, 0.75%
      per annum and (ii) at all other times, 0.50% per annum; provided, however,
      that in the event a Default has occurred and is continuing on the March
      2004 Compliance Date, then the Unused Commitment Fee Rate shall be the
      rate set forth in clause (i) of this definition.

            (b) AMENDMENTS TO ARTICLE V (COVENANTS OF THE BORROWER).

                  (i) Section 5.2(f) (Investments in Other Persons) of the
Credit Agreement is hereby amended by inserting the following paragraph at the
end thereof to read in its entirety as follows:

      Notwithstanding anything in this Section 5.2(f) to the contrary, during
      the period commencing on January 1, 2003 and ending on December 31, 2003,
      cash Investments made pursuant to clauses (ii), (vii) and (x) above shall
      not exceed $40,000,000 in the aggregate (net of (x) cash returns received
      on such Investments made during such period and (y) Net Cash Proceeds
      received in any transaction or series of transactions where any such cash
      Investment is made and, in connection with such cash Investment, cash is
      paid, repaid or refunded in the issuance of, or in exchange for, Equity
      Interests of the Borrower during such period).

                  (ii) Section 5.2(o) (Capital Expenditures) of the Credit
Agreement is hereby amended by replacing in its entirety the last paragraph
thereof with the following paragraph to read as follows:

      Notwithstanding anything in this clause (o) to the contrary, the Borrower
      will not at any time permit Capital Expenditures during (i) the fiscal
      quarters ending on December 31, 2001, March 31, 2002, September 30, 2002,
      December 31, 2002, March 31, 2003, June 30, 2003, September 30, 2003 and
      December 31, 2003 to exceed $25,000,000 in any such quarter and (ii) the
      fiscal quarter ending on June 30, 2002 to exceed $45,000,000; provided,
      that the unused portion of Capital Expenditures permitted in any such
      fiscal quarter (including any amount carried over from a previous quarter
      pursuant to this proviso) and not used in such quarter may be carried over
      and added to the amount otherwise permitted in the immediately succeeding
      fiscal quarter, through the fiscal quarter ending on December 31, 2003. In
      the event that, during the period commencing on the Amendment Effective
      Date through December 31, 2002, the Borrower is not permitted to make any
      Capital Expenditures pursuant to the immediately preceding sentence, the
      Borrower shall be permitted to make additional Capital Expenditures,
      subject to compliance with Section 5.4(f) after giving effect to any
      Capital Expenditures made hereunder, up to a maximum amount, together with
      any cash Investments made pursuant to the last sentence of clause (f) of
      this Section 5.2, not to exceed $50,000,000 in the aggregate; provided,
      however, that if, after receipt of the quarterly financial statements
      delivered pursuant to Section 5.3(c) for the fiscal quarter ending June
      30, 2002 or September 30, 2002, it is determined that the Borrower has not
      maintained the Alternative Minimum EBITDA for such quarter, then no
      additional Capital Expenditures shall be permitted pursuant to this
      sentence.

                  (iii) Section 5.3(o) (Monthly Financials) of the Credit
Agreement is hereby amended by replacing in its entirety the phrase "December,
2002" in the third line thereof with the phrase "April, 2004".

                                       2
<PAGE>
                  (iv) Section 5.4 (Financial Covenants) of the Credit Agreement
is hereby amended in its entirety to read as follows:

                        (a) Fixed Charge Coverage Ratio; Revolving Credit
      Availability. Maintain at all times from and after January 1, 2004, (i) a
      Fixed Charge Coverage Ratio of not less than 1.10:1 and (ii) as at the
      last day of each Measurement Period, a Revolving Credit Availability of
      not less than $50,000,000.

                        (b) Leverage Ratio. Maintain at all times a Leverage
      Ratio of not more than the amount set forth below for each period set
      forth below:

<TABLE>
<CAPTION>
               QUARTER ENDING              RATIO
               --------------              -----
<S>                                       <C>
               March 31, 2004              2.00:1
               June 30, 2004               2.00:1
               September 30, 2004          2.00:1
               December 31, 2004           2.00:1
               March 31, 2005              2.00:1
               June 30, 2005               2.00:1
               September 30, 2005          2.00:1
</TABLE>

                        (c) Interest Coverage Ratio. Maintain at all times an
      Interest Coverage Ratio of not less than the amount set forth below for
      each period set forth below:

<TABLE>
<CAPTION>
               QUARTER ENDING              RATIO
               --------------              -----
<S>                                        <C>
               March 31, 2004              4.00:1
               June 30, 2004               4.00:1
               September 30, 2004          4.00:1
               December 31, 2004           4.00:1
               March 31, 2005              4.00:1
               June 30, 2005               4.00:1
               September 30, 2005          4.00:1
</TABLE>

                        (d) Tangible Net Worth. The Borrower will not permit
      Tangible Net Worth at any time on or after January 1, 2004 to be less than
      (i) 90% of the Tangible Net Worth on September 30, 2001 plus (ii) 50% of
      the sum of Consolidated Net Income of the Borrower and its Restricted
      Subsidiaries for each fiscal quarter beginning with the first quarter
      after September 30, 2001 (without reduction for losses) plus (iii) the
      amount of Net Cash Proceeds from issuances of Equity Interests received by
      the Borrower since September 30, 2001.

                        (e) Minimum EBITDA. Maintain for each Measurement Period
      ending on the last day of each fiscal quarter set forth below, EBITDA of
      not less than the amount set forth below opposite such fiscal quarter:

                                       3
<PAGE>
<TABLE>
<CAPTION>
               QUARTER ENDING              AMOUNT
               --------------              ------
<S>                                        <C>
               September 30, 2001          $330,000,000
               December 31, 2001           $145,000,000
               March 31, 2002              $60,000,000
               June 30, 2002               $55,000,000
               September 30, 2002          $120,000,000
               December 31, 2002           $150,000,000
               March 31, 2003              $155,000,000
               June 30, 2003               $170,000,000
               September 30, 2003          $200,000,000
               December 31, 2003           $225,000,000
</TABLE>

                        (f) Minimum Daily Liquidity. Maintain on each day during
      each fiscal quarter set forth below the sum on such day of (i) Revolving
      Credit Availability and (ii) cash and Cash Equivalents of not less than
      the amount set forth below opposite such quarter:

<TABLE>
<CAPTION>
               QUARTER ENDING              AMOUNT
               --------------              ------
<S>                                        <C>
               December 31, 2001           $125,000,000
               March 31, 2002              $90,000,000
               June 30, 2002               $75,000,000
               September 30, 2002          $140,000,000
               December 31, 2002           $140,000,000
               March 31, 2003              $140,000,000
               June 30, 2003               $140,000,000
               September 30, 2003          $140,000,000
               December 31, 2003           $140,000,000;
</TABLE>

provided, however, that the amounts for each quarter set forth above shall be
increased by an amount (rounded upwards, if necessary, to the nearest
$1,000,000) equal to 50% of the sum of (i) any Investment made or held by the
Borrower during any such quarter pursuant to the penultimate sentence of Section
5.2(f) and (ii) any Capital Expenditure made by the Borrower during any such
quarter pursuant to the last sentence of Section 5.2(o); provided further,
however, that the amounts for each quarter set forth above shall be increased by
the amount, if any, by which (x) the U.S. dollar equivalent of Net Cash Proceeds
received in connection with the Company's September 30, 2002 disposition of the
shares of Anam (determined as of the date of the receipt thereof by using the
rate of exchange quoted by Citibank in New York, New York at 11:00 am (New York
time) on such date) exceeds (y) the sum of (1) the aggregate amount of any
mandatory prepayment of the Term B Advances from such Net Cash Proceeds pursuant
to Section 2.6(b)(ii), plus (2) the aggregate amount of any prepayments of the
Term B Advances made after September 30, 2002 pursuant to Section 2.6(a), plus
(3) any reduction of the Revolving Credit Facility made after September 30, 2002
pursuant to Section 2.5(a).

            SECTION 2. CONDITIONS TO EFFECTIVENESS. This Amendment shall become
effective as of the date hereof on the date when the following conditions
precedent have been satisfied:

                                       4
<PAGE>
            (a) the Administrative Agent shall have received counterparts of
this Amendment executed by the Borrower and the Required Lenders or, as to any
of the Lenders, evidence satisfactory to the Administrative Agent that such
Lender has executed this Amendment;

            (b) each Subsidiary Guarantor shall have executed a consent to this
Amendment in the form attached hereto; and

            (c) the Administrative Agent shall have received from the Borrower
(x) for the account of each Lender that has executed this Amendment and
delivered evidence thereof satisfactory to the Administrative Agent at or before
5:00 p.m. New York City time on September 26, 2002, an amendment fee equal to
0.25% of the aggregate amount of the outstanding Term B Advances and Revolving
Credit Commitments of each such Lender as of such date and (y) the fees set
forth in that certain fee letter dated as of September 12, 2002 from the
Administrative Agent to the Company.

Furthermore this Amendment is subject to the provisions of Section 8.1 of the
Credit Agreement.

            SECTION 3. CONSTRUCTION WITH THE LOAN DOCUMENTS.

            (a) On and after the Amendment Effective Date, each reference in the
Credit Agreement to "this Agreement," "hereunder," "hereof," "herein," or words
of like import, and each reference in the other Loan Documents to the Credit
Agreement, shall mean and be a reference to the Credit Agreement as amended
hereby, and this Amendment and the Credit Agreement shall be read together and
construed as a single instrument. The table of contents, signature pages and
list of Exhibits and Schedules of the Credit Agreement shall be modified to
reflect the changes made in this Amendment as of the Amendment Effective Date.

            (b) Except as expressly amended hereby or specifically waived above,
all of the terms and provisions of the Credit Agreement and all other Loan
Documents are and shall remain in full force and effect and are hereby ratified
and confirmed.

            (c) The execution, delivery and effectiveness of this Amendment
shall not, except as expressly provided herein, operate as a waiver of any
right, power or remedy of the Lenders, the Issuing Banks, the Arranger or the
Administrative Agent under any of the Loan Documents, nor constitute a waiver or
amendment of any other provision of any of the Loan Documents or for any purpose
except as expressly set forth herein.

            (d) This Amendment is a Loan Document.

            SECTION 4. GOVERNING LAW. This Amendment is governed by the law of
the State of New York.

            SECTION 5. REPRESENTATIONS AND WARRANTIES. The Borrower hereby
represents and warrants that each of the representations and warranties made by
the Borrower in the Credit Agreement, as amended hereby, and the other Loan
Documents to which the Borrower is a party or by which the Borrower is bound,
shall be true and correct in all material respects on and as of the date hereof
(other than representations and warranties in any such Loan Document which
expressly speak as of a specific date, which shall have been true and correct in
all material respects as of such specific date) and no Default or Event of
Default has occurred and is continuing as of the date hereof.

                                       5
<PAGE>
            SECTION 6. EXECUTION IN COUNTERPARTS. This Amendment may be executed
in any number of counterparts and by different parties in separate counterparts,
each of which when so executed shall be deemed to be an original and all of
which taken together shall constitute one and the same agreement. Signature
pages may be detached from multiple separate counterparts and attached to a
single counterpart so that all signature pages are attached to the same
document. Delivery of an executed counterpart by telecopy shall be effective as
delivery of a manually executed counterpart of this Amendment.

                            [SIGNATURE PAGES FOLLOW]

                                       6
<PAGE>
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective officers thereunto duly authorized, as of the date first
above written.

                                          AMKOR TECHNOLOGY, INC.,

                                          By    /s/ KENNETH T. JOYCE
                                             __________________________
                                             Name:  KENNETH T. JOYCE
                                             Title: CHIEF FINANCIAL OFFICER

                                          CITICORP USA, INC.,
                                          as Administrative Agent

                                          By    /s/ SUZANNE CRYMES
                                             __________________________
                                             Name:  SUZANNE CRYMES
                                             Title: VICE PRESIDENT

[Signature page To Amendment No. 4 Amkor Technology Inc. Amended and Restated
Credit Agreement]
<PAGE>

                              Aeries Finance-II LTD
                              By: INVESCO Senior Secured Management, Inc.
                              As Sub-Managing Agent

                              By:   /s/ Joseph Rotondo
                                    Title: Authorized Signatory

                              AIM Floating Rate Fund
                              By: INVESCO Senior Secured Management, Inc.
                              As Attorney in Fact

                              By:   /s/ Joseph Rotondo
                                    Title: Authorized Signatory

                              AMARA-1 FINANCE LTD.
                              By: INVESCO Senior Secured Management, Inc.
                              As Financial Manager

                              By:   /s/ Joseph Rotondo
                                    Title: Authorized Signatory

                              AMARA-2 FINANCE LTD.
                              By: INVESCO Senior Secured Management, Inc.
                              As Financial Manager

                              By:   /s/ Joseph Rotondo
                                    Title: Authorized Signatory

                              AMMC CDO II, Limited
                              By: American Money Management Corp., as
                              Collateral Manager

                              By:   /s/ David P. Meyer
                                    Title: Vice President

                              APEX (IDM) CDO-1, Ltd.
                              By: David L. Babson & Company
                              as Collateral Manager

                              By:   /s/ John Stelwagon
                                    Title: Managing Director

 [SIGNATURE PAGE TO AMENDMENT NO. 4 AMKOR TECHNOLOGY, INC. AMENDED AND RESTATED
                               CREDIT AGREEMENT]

<PAGE>
                              ARES III CLO Ltd..
                              By: ARES CLO Management, LLC
                                 General Partner

                              By:   /s/ Seth J. Brufsky
                                    Title: Vice President

                              Ares IV CLO Ltd.
                              By: Ares CLO GP IV, LLC,
                              Its Managing Member

                              By:   /s/ Seth J. Brufsky
                                    Title: Vice President

                              Ares V CLO Ltd.
                              By: ARES CLO Management V, LP,
                              Investment Manager

                              By: ARES CLO GP V, LLC,
                              Its Managing Member

                              By:   /s/ Seth J. Brufsky
                                    Title: Vice President

                              Ares VI CLO Ltd.
                              By: ARES CLO Management VI, LP,
                              Investment Manager

                              By: ARES CLO GP VI, LLC,
                              Its Managing Member

                              By:   /s/ Seth J. Brufsky
                                    Title: Vice President

                              Avalon Capital Ltd.
                              By: INVESCO Senior Secured Management, Inc.
                                 As Portfolio Advisor

                              By:   /s/ Joseph Rotondo
                                    Title: Authorized Signatory

                              Avalon Capital Ltd. 2
                              By:  INVESCO Senior Secured Management, Inc.
                              As Portfolio Advisor

                              By:   /s/ Joseph Rotondo
                                    Title: Authorized Signatory
<PAGE>
                              Bank of America N.A.

                              By:   /s/ Clara Y. Strand
                                    Title: Managing Director

                              Bank of China, New York Branch
                              as Lender

                              By:   /s/ William Warren Smith, Jr.
                                    Title: Chief Loan Officer

                              Bank of Tokyo Mitsubishi Trust Co.
                              as Lender

                              By:   /s/ Jeffrey K. Stanton
                                    Title: Vice President

                              Barclays Bank Plc
                              as Lender

                              By:   /s/ Robert Esposito
                                    Title: Director

                              Black Diamond CLO 1998-1 Ltd.

                              By:   /s/ Alan Corkish
                                    Title: Director

                              Black Diamond CLO 2000-1 Ltd.

                              By:   /s/ Alan Corkish
                                    Title: Director

                              Black Diamond International Funding, Ltd.

                              By:   /s/ Alan Corkish
                                    Title: Director

                              Captiva Finance Ltd.
                              as Lender

                              By:   /s/ David Dyer
                                    Title: Director
<PAGE>
                              Ceres II Finance Ltd.
                              By: INVESCO Senior Secured Management, Inc
                              As Sub-Managing Agent (Financial)

                              By:   /s/ Joseph Rotondo
                                    Title: Authorized Signatory

                              Charter View Portfolio
                              By: INVESCO Senior Secured Management, Inc
                              As Investment Advisor

                              By:   /s/ Joseph Rotondo
                                    Title: Authorized Signatory

                              Citibank, N.A.
                              as Lender

                              By:   /s/ Suzanne Crymes
                                    Title: Vice President

                              Citadel Hill 2000 Ltd.
                              as Lender

                              By:   /s/ N. Kasiotis
                                    Title: Authorized Signatory

                              Clydesdale CLO 2001-1, Ltd.
                              as Lender
                              By: Nomura Corporate Research and Asset
                              Management Inc.
                              As Collateral Manager

                              By:   /s/ Elizabeth Maclean
                                    Title: Vice President

                              Coliseum Funding Ltd.
                              By: Travelers Asset Management
                              International Company LLC

                              By:   /s/ Matthew J. McInerny
                                    Title: Assistant Investment Officer
<PAGE>
                              Columbus Loan Funding Ltd.
                              as Lender
                              By: Travelers Asset Management
                              International Company LLC

                              By:   /s/ Matthew J. McInerny
                                    Title: Investment Officer

                              Comerica Bank
                              as Lender

                              By:   /s/ Robert P. Wilson
                                    Title: Vice President

                              CSAM Funding I
                              as Lender

                              By:   /s/ Andrew H. Marshak
                                    Title: Authorized Signatory

                              CypressTree Investment Partners I, Ltd.,
                              By: CypressTree Investment Management
                              Company, Inc., as Portfolio Manager

                              By:   /s/ Michael Ashton
                                    Title: Principal

                              CypressTree Investment Partners II, Ltd.,
                              By: CypressTree Investment Management
                              Company, Inc., as Portfolio Manager

                              By:   /s/ Michael Ashton
                                    Title: Principal

                              CypressTree Investment Management Company, Inc.
                              As: Attorney-in-Fact and on behalf of First
                              Allmerica Financial Life Insurance Company
                              as Portfolio Manager

                              By:   /s/ Michael Ashton
                                    Title: Principal
<PAGE>
                              Deutsche Bank Trust Company Americas
                              as Lender

                              By:   /s/ Alexander Bici
                                    Title: Vice President

                              ELC (CAYMAN) Ltd.
                              as Lender
                              By: David L. Babson & Company Inc.,
                              as Collateral Manager

                              By:   /s/ John Stelwagon
                                    Title: Managing Director

                              ELC (CAYMAN) Ltd.1999-III
                              as Lender
                              By: David L. Babson & Company Inc.,
                              as Collateral Manager

                              By:   /s/ John Stelwagon
                                    Title: Director

                              ELC (CAYMAN) Ltd.1999-II
                              as Lender
                              By: David L. Babson & Company Inc.,
                              as Collateral Manager

                              By:   /s/ John Stelwagon
                                    Title: Director

                              ELC (CAYMAN) Ltd.2000-1
                              as Lender
                              By: David L. Babson & Company Inc.,
                              as Collateral Manager

                              By:   /s/ John Stelwagon
                                    Title: Director

                              ELC (CAYMAN) Ltd.CDO Series 1999-I
                              as Lender
                              By: David L. Babson & Company Inc.,
                              as Collateral Manager

                              By:   /s/ John Stelwagon
                                    Title: Director
<PAGE>
                              ERSTE Bank
                              as Lender

                              By:   /s/ Gregory T. Aptman
                                    Title: Vice President
                              By:   /s/ John S. Runnion
                                    Title: Managing Director

                              First Dominion Funding II
                              as Lender

                              By:   /s/ Andrew Marshak
                                    Title: Authorized Signatory

                              Fleet National Bank
                              as Lender

                              By:   /s/ Alisa B. Callahan
                                    Title: Vice President

                              Harbour Town Funding LLC
                              as Lender

                              By:   /s/ Ann E. Morris
                                    Title: Assistant Vice President

                              Harbour Town Funding Trust
                              as Lender

                              By:   /s/ Ann E. Morris
                                    Title: Assistant Vice President

                              IBM Credit Corporation

                              By:   /s/ Thomas S. Curcio
                                    Title: Manager of Credit

                              Keybank National Association
                              as Lender

                              By:   /s/ Jeff Kalinowski
                                    Title: Vice President
<PAGE>
                              Long Lane Master Trust IV
                              As Lender
                              By: Fleet National Bank as Trust Administrator

                              By:   /s/ Renee Nadler
                                    Title: Authorized Signatory

                              Metropolitan Property and Casualty Insurance
                              Company

                              By:   /s/ James R. Dingler
                                    Title: Director

                              Mizuho Corporate Bank, LTD.
                              as Lender

                              By:   /s/ Nobucki Koike
                                    Title: Senior Vice President

                              ML CLO II Pilgrim America (Cayman) Ltd.
                              By: ING Pilgrim Investment, LLC
                              as its investment manager

                              By:   /s/ Robert L. Wilson
                                    Title: Vice President

                              Mountain Capital CLO II Ltd.,
                              as Initial Lender

                              By:   /s/ Darren P. Riley
                                    Title: Director

                              Oasis Collateralized High Income Portfolio-1 Ltd.
                              By: INVESCO Senior Secured Management, Inc
                              as Subadvisor

                              By:   /s/ Joseph Rotondo
                                    Title: Authorized Signatory
<PAGE>
                              Octagon Investment Partners II, LLC
                              By: Octagon Credit Investors, LLC
                              as sub-investment manager

                              By:   /s/ Michael B. Nechamkin
                                    Title: Portfolio Manager

                              Octagon Investment Partners III, LLC
                              By: Octagon Credit Investors, LLC
                              as portfolio manager

                              By:   /s/ Michael B. Nechamkin
                                    Title: Portfolio Manager

                              Octagon Investment Partners IV, LLC
                              By: Octagon Credit Investors, LLC
                              as Collateral Manager

                              By:   /s/ Michael B. Nechamkin
                                    Title: Portfolio Manager

                              Sankaty Advisors, LLC as Collateral Manager for
                              Great Point CLO 1999-1 TD.,
                              as Term lender

                              By:   /s/ Timothy M. Bams
                                    Title: Vice President

                              Sankaty Advisors, LLC as Collateral Manager for
                              Castle Hill I - INGOTS, LTD,
                              as Term lender

                              By:   /s/ Timothy M. Bams
                                    Title: Vice President

                              Sankaty Advisors, LLC as Collateral Manager for
                              Race Point CLO Limited,
                              as Term lender

                              By:   /s/ Timothy M. Bams
                                    Title: Vice President
<PAGE>
                              Sankaty High Yield Partners II, L.P.
                              as Lender

                              By:   /s/ Timothy M. Bams
                                    Title: Vice President

                              Seaboard CLO 2000 Ltd.
                              By: Orix Capital Markets LLC
                              its Collateral Manager

                              By:   /s/ Sheppard HC Davis, Jr.
                                    Title: Managing Director

                              Sequils Pilgrim-1 Ltd.
                              By: ING Investments, LLC
                              as its investment manager

                              By:   /s/ Robert L. Wilson
                                    Title: Vice President

                              Sequils-Liberty, Ltd.
                              By: INVESCO Senior Secured Management, Inc.
                              As Collateral Manager

                              By:   /s/ Joseph Rotondo
                                    Title: Authorized Signatory

                              Sierra CLO-I
                              as Lender

                              By:   /s/ John M. Casparian
                                    Title: Chief Operating Officer (Sierra
                                    CLO) Centre Pacific, Manager

                              Societe Generale

                              By:   /s/ Edward J. Grimm
                                    Title: Director

                              Stanfield CLO Ltd.
                              By: Stanfield Capital Partners LLC
                              as its collateral manager

                              By:   /s/ Christopher A. Bondy
                                    Title: Partner
<PAGE>
                              Stanfield/RMF Transatlantic CDO Ltd.
                              By: Stanfield Capital Partners LLC
                              as its collateral manager

                              By:   /s/ Christopher A. Bondy
                                    Title: Partner

                              Stanfield Arbitrage CDO Ltd.
                              By: Stanfield Capital Partners LLC
                              as its collateral manager

                              By:   /s/ Christopher A. Bondy
                                    Title: Partner

                              Sunamerica Senior Floating Rate Fund Inc.
                              By: Stanfield Capital Partners LLC
                              as subadvisor

                              as Lender

                              By:   /s/ Christopher A. Bondy
                                    Title: Partner

                              The Travelers Insurance Company
                              as Lender

                              By:   /s/ Matthew J. McInerny
                                    Title: Investment Officer

                              Toronto Dominion (New York), Inc.
                              as Lender

                              By:   /s/ Stacey L. Malek
                                    Title: Vice President

                              TRSI LLC,
                              as Lender

                              By:   /s/ Rosemary F. Dune
                                    Title: Attorney-in-Fact
<PAGE>
                              Tyron CLO Ltd. 2000-1
                              as Lender
                              By: David L. Babson & Company, Inc.,
                              as Collateral Manager

                              By:   /s/ John Stelwagon
                                    Title: Director

                              Wachovia Bank, N.A. fka First Union National Bank
                              as Lender

                              By:   /s/ James F. Heatwole
                                    Title: Director

                              Windsor Loan Funding, Limited
                              By: Stanfield Capital Partners LLC
                              as its Investment Manager

                              By:   /s/ Christopher A. Bondy
                                    Title: Partner

<PAGE>
                                                                  EXECUTION COPY

                         CONSENT OF SUBSIDIARY GUARANTOR

                                          Dated as of September 27, 2002

            Each of the undersigned corporations, as a Subsidiary Guarantor
under the Subsidiary Guaranty dated April 28, 2000 (as confirmed by the Guaranty
and Security Confirmation dated as of March 30, 2001, the "Subsidiary Guaranty")
in favor of the Secured Parties under the Credit Agreement referred to in the
foregoing Amendment, hereby consents to such Amendment and hereby confirms and
agrees that notwithstanding the effectiveness of such Amendment, the Subsidiary
Guaranty is, and shall continue to be, in full force and effect and is hereby
ratified and confirmed in all respects, except that, on and after the
effectiveness of such Amendment, each reference in the Subsidiary Guaranty to
the "Credit Agreement", "thereunder", "thereof" or words of like import shall
mean and be a reference to the Credit Agreement, as amended by such Amendment.

                                    GUARDIAN ASSETS, INC.

                                    By:    /s/ KEVIN HERON
                                        ____________________________
                                        Name:  KEVIN HERON
                                        Title: SECRETARY

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