Document:

DISCOVERY ENERGY CORP.
                           2012 EQUITY INCENTIVE PLAN

     The  Discovery  Energy  Corp.  2012  Equity Incentive Plan (the "Plan") was
adopted  by  the  Board  of  Directors  of  Discovery  Energy  Corp.,  a  Nevada
corporation  (the  "Company"),  effective  as  of  August 2,  2012.

1.     DEFINITIONS.

     Unless  otherwise  specified  or unless the context otherwise requires, the
following  terms,  as  used in this Discovery Energy Corp. 2012 Equity Incentive
Plan,  have  the  following  meanings:

          "Administrator" means the Board of Directors, unless it has
     delegated power to  the  Committee  to  act  under or pursuant to
     the provisions of the Plan, in which  case  the  Administrator  means
     the  Committee.

          "Affiliate"  means  any  entity that controls, is controlled by
     or is under common  control  with  the  Company.

          "Agreement"  means  an  agreement  between  the  Company  and a
     Participant delivered  pursuant  to  the  Plan,  in  such  a form as
     the Administrator shall approve.

          "Board  of  Directors"  means  the  Board  of  Directors  of  the
     Company.

          "Code"  means  the United States Internal Revenue Code of 1986,
     as amended.

          "Committee"  means  the Compensation Committee of the Board of
     Directors or such  other  committee of the Board of Directors to which
     the Board of Directors has  delegated  power  to  act  under or pursuant
     to the provisions of the Plan.

          "Common Stock" means shares of the Company's common stock, $0.001
     par value per  share.

          "Company"  means  Discovery  Energy  Corp.,  a  Nevada
     corporation.

          "Disability"  or "Disabled" means permanent and total disability
     as defined in  Section  22(e)(3)  of  the  Code.

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          "Employee" means any employee of the Company or of an Affiliate
     (including, without limitation, an employee who is also serving as an
     officer or director of the  Company or of an Affiliate), designated by
     the Administrator to be eligible to  be  granted  one  or  more  Stock
     Rights  under  the  Plan.

          "Fair  Market  Value"  of  a  Share  of  Common  Stock  means:

         (1)     If the Common Stock is listed on a national securities exchange
     or traded  in  the  over-the-counter market and sales prices are regularly
     reported for  the  Common  Stock,  the average of the closing or last price
     of the Common Stock  on  the  composite tape or other comparable reporting
     system for the five (5)  trading  days,  consisting  of  (i)  the  two  (2)
     trading  days immediately following the applicable date, (ii) the trading
     day that is the applicable date, and  (iii)  the  two (2) trading days
     immediately preceding the applicable date;

         (2)     If the Common Stock is not traded on a national securities
     exchange but  is traded on the over-the-counter market, if sales prices are
     not regularly reported for the Common Stock for the trading day referred to
     in  clause (1), and if  bid  and  asked prices for the Common Stock are
     regularly  reported, the mean between the bid and the asked price for the
     Common Stock at  the close of trading in  the  over-the-counter  market for
     the trading day on  which Common Stock was traded  immediately  preceding
     the  applicable  date;   and

         (3)     If  the  Common  Stock  is  neither listed on a national
     securities exchange  nor  traded  in  the  over-the-counter  market,  such
     value as  the Administrator,  in  good  faith,  shall  determine.

           "Option"  means  a  stock  option  that  is  not intended to qualify
     as an incentive stock option under Section 422 of the Code, i.e. a non-
     qualified stock option.

          "Participant"  means  an Employee, a director or an officer (whether
     or not also  an  Employee), or consultant of the Company or an Affiliate to
     whom one or more  Stock  Rights  are  granted  under the Plan. As used
     herein, "Participant" shall  include  "Participant's  Survivors"  where
     the  context  requires.

          "Plan"  means  this  Discovery  Energy  Corp.  2012  Equity Incentive
     Plan.

          "Shares"  means  shares  of  the Common Stock as to which Stock Rights
     have been  or may be granted under the Plan or any shares of capital stock
     into which the  Shares are changed or for which they are exchanged within
     the provisions of Paragraph  3 of the Plan. The Shares issued under the
     Plan may be authorized and unissued  shares  or  shares held by the Company
     in its treasury, or both.  All Shares  issued  under  the  Plan  shall  be
     represented by a stock certificate.

          "Stock-Based  Award"  means  a  grant  by  the Company under the Plan
     of an equity  award  or  an equity based award that is not an Option or a
     Stock Grant.

          "Stock  Grant"  means  a  grant  by  the  Company of Shares under the
     Plan.

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          "Stock Right" means a right to Shares or the value of Shares of the
     Company granted pursuant to the Plan - an Option, a Stock Grant or a Stock-
     Based Award.

          "Survivor"  means a deceased Participant's legal representatives and/
     or any person or persons who acquired the Participant's rights to a Stock
     Right by will or  by  the  laws  of  descent  and  distribution.

2.     PURPOSES  OF  THE  PLAN.

     The purpose of the Plan is to attract and retain the services of Employees,
certain  consultants,  and  directors  and  officers  of  the  Company  and  its
subsidiaries  and  to  provide  such  persons with a proprietary interest in the
Company  through  the  granting of Options, Stock Grants and Stock-Based Awards,
whether  granted  singly,  or  in  combination,  or  in  tandem,  that  will

     (a)     Increase  the  interest  of  such  persons  in  the  Company's
             welfare;

     (b)     Furnish  an incentive to such persons to continue their services
             for the Company;  and

     (c)     Provide  a  means  through which the Company may attract able
             persons as Employees,  contractors,  consultants,  officers  and
             directors.

     With respect to reporting Participants, the Plan and all transactions under
the  Plan  are  intended  to comply with all applicable conditions of Rule 16b-3
promulgated  under  the  Securities  Exchange  Act  of  1934.  To the extent any
provision of the Plan or action by the Committee fails to so comply, it shall be
deemed  null  and  void  ab  initio,  to  the extent permitted by law and deemed
advisable  by  the  Committee.

3.     SHARES  SUBJECT  TO  THE  PLAN.

     (a)     The number of Shares which may be issued from time to time pursuant
to  this Plan shall be six million (6,000,000), or the equivalent of such number
of  Shares  after the Administrator, in its sole discretion, has interpreted the
effect  of  any  stock  split,  stock dividend, combination, recapitalization or
similar  transaction  in  accordance  with  Paragraph  24  of  the  Plan.

<PAGE>
     (b)     If an Option ceases to be "outstanding," in whole or in part (other
than  by  exercise),  or  if  the  Company shall reacquire (at not more than its
original  issuance  price)  any  Shares  issued  pursuant  to  a  Stock Grant or
Stock-Based  Award, or if any Stock Right expires or is forfeited, cancelled, or
otherwise  terminated  or  results  in any Shares not being issued, the unissued
Shares  which  were  subject  to  such  Stock Right shall again be available for
issuance from time to time pursuant to this Plan. Notwithstanding the foregoing,
if a Stock Right is exercised in whole or in part, by tender of Shares or if the
Company's  tax  withholding  obligation  is satisfied by withholding Shares, the
number  of  Shares needed to have been issued under the Plan for purposes of the
limitation  set forth in Paragraph 3(a) above shall be the number of Shares that
were  subject  to  the Stock Right or portion thereof, and not the net number of
Shares  actually  issued.

4.     ADMINISTRATION  OF  THE  PLAN.

     The Administrator of the Plan will be the Board of Directors, except to the
extent the Board of Directors elects to delegate to the Committee all or part of
the  power to act under or pursuant to the provisions of the Plan, in which case
the  Committee  shall  be  the  Administrator.  Subject to the provisions of the
Plan,  the  Administrator  is  authorized  to:

     (a)     Interpret  the  provisions  of the Plan and all Stock Rights
             and to make all  rules  and  determinations  that  it  deems
             necessary or advisable for the administration  of  the  Plan;

     (b)     Determine  which Employees, directors, officers and consultants
             shall be granted  Stock  Rights;

     (c)     Determine  the  number of Shares for which a Stock Right or
             Stock Rights shall  be  granted;

     (d)     Specify  the  terms  and  conditions  upon  which a Stock
             Right or Stock Rights  may  be  granted;

     (e)     Make  changes  to  any  outstanding  Stock  Right,  including,
             without limitation,  to  reduce  or  increase  the  exercise
             price  or  purchase price, accelerate  the vesting schedule
             or extend the expiration date, provided that no such  change
             shall impair the rights of a Participant under any grant
             previously made  without  such  Participant's  consent;

     (f)     Buy  out  for  a  payment  in  cash  or Shares, a Stock Right
             previously granted  and/or  cancel  any such Stock Right and
             grant in substitution therefor other Stock Rights, covering
             the same or a different number of Shares and having an
             exercise price or purchase price per share which may be lower
             or higher than the exercise price or purchase price of the
             cancelled Stock Right, based on such terms  and  conditions
             as the Administrator shall establish and the Participant shall
             accept;  and
<PAGE>
     (g)     Adopt  any  sub-plans  applicable  to  residents  of  any
             specified jurisdiction  as  it  deems  necessary or appropriate
             in order to comply with or take  advantage  of  any  tax or
             other laws applicable to the Company or to Plan Participants
             or  to  otherwise facilitate the administration of the Plan,
             which sub-plans  may include additional restrictions or
             conditions applicable to Stock Rights  or  Shares  issuable
             pursuant  to  a  Stock  Right.

     Subject  to  the  foregoing,  the  interpretation  and  construction by the
Administrator  of any provisions of the Plan or of any Stock Right granted under
it shall be final, unless otherwise determined by the Board of Directors, if the
Administrator  is  the  Committee.  In  addition,  if  the  Administrator is the
Committee,  the Board of Directors may take any action under the Plan that would
otherwise  be  the  responsibility  of  the  Committee.

     To the extent permitted under applicable law, the Board of Directors or the
Committee  may allocate all or any portion of its responsibilities and powers to
any  one  or  more  of  its  members  and may delegate all or any portion of its
responsibilities  and  powers  to  any other person selected by it. The Board of
Directors  or  the Committee may revoke any such allocation or delegation at any
time.
5.     ELIGIBILITY  FOR  PARTICIPATION.

     The  Administrator  will,  in its sole discretion, name the Participants in
the  Plan,  provided,  however,  that  each  Participant  must be an Employee, a
director  or  an officer (whether or not also an Employee), or consultant of the
Company or of an Affiliate at the time a Stock Right is granted. Notwithstanding
the  foregoing,  the Administrator may authorize the grant of a Stock Right to a
person  not  then  an  Employee,  a director or an officer, or consultant of the
Company  or  of  an  Affiliate; provided, however, that the actual grant of such
Stock  Right shall be conditioned upon such person becoming eligible to become a
Participant at or prior to the time of the execution of the Agreement evidencing
such  Stock  Right.  The  granting  of  any  Stock Right to any individual shall
neither  entitle  that  individual  to,  nor  disqualify  him  or  her  from,
participation  in  any  other  grant  of  Stock  Rights.

6.     TERMS  AND  CONDITIONS  OF  OPTIONS.

     Each  Option  shall  be  set  forth in writing in an Option Agreement, duly
executed  by  the Company and, to the extent required by law or requested by the
Company,  by  the  Participant.  The  Administrator  may provide that Options be
granted  subject  to  such  terms  and conditions, consistent with the terms and
conditions  specifically required under this Plan, as the Administrator may deem
appropriate  including,  without  limitation,  subsequent  approval  by  the
stockholders  of  the Company of this Plan or any amendments thereto. The Option
Agreements  shall  be subject to the terms and conditions that the Administrator
determines  to  be  appropriate  and  in  the  best interest of the Company, and
subject  to  the  following  minimum  standards  for  any  Option:
<PAGE>
     (a)     Option  Price:  Each  Option Agreement shall state the option
             price (per share)  of  the  Shares  covered  by  each  Option,
             which option price shall be determined by the Administrator
             but shall not be less than the Fair Market Value per  share
             of  Common  Stock.

     (b)     Number  of  Shares:  Each  Option  Agreement  shall  state
             the number of Shares  to  which  it  pertains.

     (c)     Option  Periods:  Each Option Agreement shall state the date
             or dates on which  it  first  is  exercisable  and  the date
             after which it may no longer be exercised,  and  may provide
             that the Option rights accrue or become exercisable in
             installments  over  a  period  of months or years, or upon
             the occurrence of certain  conditions  or  the  attainment
             of  stated  goals  or  events.

     (d)     Option  Conditions:  Exercise  of any Option may be
             conditioned upon the Participant's  execution  of  a Share
             purchase agreement in form satisfactory to the  Administrator
             providing  for  certain  protections for the Company and its
             other  stockholders,  including  requirements  that:

            (i)     The  Participant's  or  the  Participant's  Survivors'
                    right to sell or transfer  the  Shares  may  be
                    restricted; and

            (ii)    The  Participant  or  the  Participant's  Survivors
                    may be required to execute  letters  of investment
                    intent and must also acknowledge that the Shares will
                    bear  legends  noting  any  applicable  restrictions.

7.     TERMS  AND  CONDITIONS  OF  STOCK  GRANTS.

     Each  offer of a Stock Grant to a Participant shall state the date prior to
which  the  Stock  Grant  must be accepted by the Participant, and the principal
terms  of  each Stock Grant shall be set forth in an Agreement, duly executed by
the  Company  and, to the extent required by law or requested by the Company, by
the  Participant. The Agreement shall be in a form approved by the Administrator
and  shall contain terms and conditions which the Administrator determines to be
appropriate  and  in  the best interest of the Company, subject to the following
minimum  standards:

     (a)     Each  Agreement  shall  state the purchase price (per share),
             if any, of the Shares covered by each Stock Grant, which
             purchase price shall be determined by  the  Administrator
             but  shall  not  be  less than the minimum consideration
             required  by  applicable  Nevada corporation law on the date
             of the grant of the Stock  Grant;
<PAGE>
     (b)     Each Agreement shall state the number of Shares to which
             the Stock Grant pertains;  and

     (c)     Each  Agreement  shall  include the terms of any right of
             the Company to restrict  or reacquire the Shares subject
             to the Stock Grant, including the time and  events upon
             which such rights shall accrue and the purchase price
             therefor, if  any.

8.     TERMS  AND  CONDITIONS  OF  OTHER  STOCK-BASED  AWARDS.

     The  Administrator  shall  have the right to grant other Stock-Based Awards
based  upon  the  Common  Stock  having  such  terms  and  conditions  as  the
Administrator  may determine, including, without limitation, the grant of Shares
based  upon  certain conditions, the grant of securities convertible into Shares
and the grant of stock appreciation rights, phantom stock awards or stock units.
The  principal  terms  of  each  Stock-Based  Award  shall  be  set  forth in an
Agreement,  duly  executed  by the Company and, to the extent required by law or
requested  by  the Company, by the Participant. The Agreement shall be in a form
approved  by  the Administrator and shall contain terms and conditions which the
Administrator  determines  to  be  appropriate  and  in the best interest of the
Company.

9.     EXERCISE  OF  OPTIONS  AND  ISSUE  OF  SHARES.

     An Option (or any part or installment thereof) shall be exercised by giving
written  notice  to  the  Company  or  its designee, together with provision for
payment  of  the  full  purchase price in accordance with this Paragraph for the
Shares  as  to which the Option is being exercised, and upon compliance with any
other  condition(s)  set  forth  in  the  Option Agreement. Such notice shall be
signed  by  the  person  exercising the Option, shall state the number of Shares
with  respect  to  which  the  Option  is  being exercised and shall contain any
representation  required  by  the  Plan or the Option Agreement.  Payment of the
purchase  price  for the Shares as to which such Option is being exercised shall
be  made  (a)  in  United  States  dollars  in  cash  or by check, or (b) at the
discretion  of  the  Administrator,  through  delivery of shares of Common Stock
having  a  Fair  Market  Value  equal as of the date of the exercise to the cash
exercise  price  of  the  Option and held for at least six months, or (c) at the
discretion  of  the  Administrator, by having the Company retain from the shares
otherwise issuable upon exercise of the Option, a number of shares having a Fair
Market  Value  equal  as  of  the  date of exercise to the exercise price of the
Option,  or  (d)  at  the  discretion of the Administrator, in accordance with a
cashless  exercise  program  established  with  a securities brokerage firm, and
approved by the Administrator, or (e) at the discretion of the Administrator, by
any  combination of (a), (b), (c) and (d) above, or (f) at the discretion of the
Administrator,  payment  of such other lawful consideration as the Administrator
may determine but not less than the minimum consideration required by applicable
Nevada  corporation  law  on  the  date  of  the  exercise  of  the  Option.
<PAGE>
     The  Company  shall then reasonably promptly deliver the Shares as to which
such Option was exercised to the Participant (or to the Participant's Survivors,
as  the  case may be). In determining what constitutes "reasonably promptly," it
is  expressly  understood  that  the  issuance and delivery of the Shares may be
delayed by the Company in order to comply with any law or regulation (including,
without  limitation,  state  securities  or  "blue sky" laws) which requires the
Company  to  take any action with respect to the Shares prior to their issuance.
The  Shares  shall,  upon  delivery,  be  fully  paid,  non-assessable  Shares.

     The  Administrator  shall have the right to accelerate the date of exercise
of  any  installment  of  any  Option.

     The Administrator may, in its discretion, amend any term or condition of an
outstanding  Option  provided (i) such term or condition as amended is permitted
by  the Plan, (ii) any such amendment shall be made only with the consent of the
Participant  to whom the Option was granted, or in the event of the death of the
Participant,  the  Participant's  Survivors,  if the amendment is adverse to the
Participant, and (iii) any such amendment of any Option shall be made only after
the  Administrator  determines  whether  such  amendment  cause  any adverse tax
consequences  for  the  holder  of  such  Option  including, but not limited to,
pursuant  to  Section  409A  of  the  Code.

10.     ACCEPTANCE  OF  STOCK GRANTS AND STOCK-BASED AWARDS AND ISSUE OF SHARES.

     A  Stock  Grant  or  Stock-Based Award (or any part or installment thereof)
shall be accepted by executing the applicable Agreement and delivering it to the
Company  or  its  designee,  together  with  provision  for  payment of the full
purchase  price,  if any, in accordance with this Paragraph for the Shares as to
which  such  Stock  Grant  or  Stock-Based  Award  is  being  accepted, and upon
compliance  with  any  other  conditions  set forth in the applicable Agreement.
Payment  of  the  purchase  price for the Shares as to which such Stock Grant or
Stock-Based  Award  is being accepted shall be made (a) in United States dollars
in  cash  or  by  check,  or (b) at the discretion of the Administrator, through
delivery  of  shares  of  Common Stock held for at least six months and having a
Fair Market Value equal as of the date of acceptance of the Stock Grant or Stock
Based-Award  to  the  purchase price of the Stock Grant or Stock-Based Award, or
(c)  at  the  discretion  of  the  Administrator,  by  delivery of the grantee's
personal  recourse  note  bearing  interest payable not less than annually at no
less  than 100% of the applicable Federal rate, as defined in Section 1274(d) of
the  Code,  or (d) at the discretion of the Administrator, by any combination of
(a),  (b)  and (c) above, or (e) at the discretion of the Administrator, payment
of  such  other  lawful consideration as the Administrator may determine but not
less  than  the  minimum consideration required by applicable Nevada corporation
law  on  the  date  of  the  issuance  of  the  related  Shares.
<PAGE>
     The Company shall then, if required by the applicable Agreement, reasonably
promptly  deliver  the  Shares as to which such Stock Grant or Stock-Based Award
was  accepted to the Participant (or to the Participant's Survivors, as the case
may  be), subject to any escrow provision set forth in the applicable Agreement.
In  determining  what  constitutes  "reasonably  promptly,"  it  is  expressly
understood  that  the  issuance and delivery of the Shares may be delayed by the
Company  in  order  to  comply  with  any  law or regulation (including, without
limitation,  state  securities or "blue sky" laws) which requires the Company to
take  any  action  with  respect  to  the  Shares  prior  to their issuance. The
Administrator  may,  in  its  discretion,  amend  any  term  or  condition of an
outstanding  Stock Grant, Stock-Based Award or applicable Agreement provided (i)
such  term  or  condition as amended is permitted by the Plan, and (ii) any such
amendment  shall  be  made  only with the consent of the Participant to whom the
Stock  Grant  or  Stock-Based Award was made, if the amendment is adverse to the
Participant.

11.     RIGHTS  AS  A  STOCKHOLDER.

     No  Participant to whom a Stock Right has been granted shall have rights as
a  stockholder  with  respect  to any Shares covered by such Stock Right, except
after  due  exercise  of  the  Option or acceptance of the Stock Grant or as set
forth  in  any Agreement, and tender of the full purchase price, if any, for the
Shares  being purchased pursuant to such exercise or acceptance and registration
of  the  Shares  in the Company's share register in the name of the Participant.

12.     ASSIGNABILITY  AND  TRANSFERABILITY  OF  STOCK  RIGHTS.

     By  its  terms,  a  Stock  Right  granted  to  a  Participant  shall not be
transferable by the Participant other than (i) by will or by the laws of descent
and distribution, or (ii) as approved by the Administrator in its discretion and
set  forth  in  the  applicable Agreement. The designation of a beneficiary of a
Stock  Right  by a Participant, with the prior approval of the Administrator and
in  such  form  as  the  Administrator  shall  prescribe,  shall not be deemed a
transfer  prohibited  by this Paragraph. Except as provided above, a Stock Right
shall  only  be  exercisable  or  may only be accepted, during the Participant's
lifetime,  by such Participant (or by his or her legal representative) and shall
not be assigned, pledged or hypothecated in any way (whether by operation of law
or  otherwise)  and  shall  not  be  subject to execution, attachment or similar
process.  Any  attempted  transfer,  assignment,  pledge, hypothecation or other
disposition  of  any Stock Right or of any rights granted thereunder contrary to
the  provisions  of  this Plan, or the levy of any attachment or similar process
upon  a  Stock  Right,  shall  be  null  and  void.

13.     EFFECT  ON  OPTIONS  OF TERMINATION OF SERVICE OTHER THAN "FOR CAUSE" OR
DEATH  OR  DISABILITY.

     Except  as  otherwise  provided in a Participant's Option Agreement, in the
event  of a termination of service (whether as an employee, director, officer or
consultant)  with  the  Company  or  an  Affiliate  before  the  Participant has
exercised  an  Option,  the  following  rules  apply:

     (a)     A  Participant  who  ceases  to  be  an  employee,  director,
             officer or consultant  of  the  Company  or  of  an  Affiliate
             (for  any reason other than termination "for cause", Disability,
             or death for which events there are special rules  in
             Paragraphs  14,  15,  and  16, respectively), may exercise
             any Option granted  to  him or her to the extent that the
             Option is exercisable on the date of  such  termination of
             service, but only within such term as the Administrator has
             designated  in  a  Participant's  Option  Agreement.
<PAGE>
     (b)     The provisions of this Paragraph, and not the provisions of
             Paragraph 15 or  16,  shall  apply to a Participant who
             subsequently becomes Disabled or dies after the termination
             of employment, director or officer status, or consultancy;
             provided,  however,  in  the  case of a Participant's
             Disability or death within three months after the
             termination of employment, director or officer status, or
             consultancy,  the  Participant  or  the Participant's
             Survivors may exercise the Option  within  one  year
             after  the  date  of the Participant's termination of
             service, but in no event after the date of expiration of
             the term of the Option.

     (c)     Notwithstanding  anything  herein  to  the  contrary, if
             subsequent to a Participant's  termination  of  employment,
             termination  of director or officer status,  or  termination
             of consultancy, but prior to the exercise of an Option,
             the  Administrator  determines  that,  either  prior  or
             subsequent  to  the Participant's  termination,  the
             Participant  engaged  in  conduct  which would constitute
             "cause",  then  such  Participant  shall forthwith cease
             to have any right  to  exercise  any  Option.

     (d)     A  Participant  to whom an Option has been granted under
             the Plan who is absent  from  the  Company  or an Affiliate
             because of temporary disability (any disability  other
             than a Disability as defined in Paragraph 1 hereof), or who is
             on  leave  of  absence for any purpose, shall not, during
             the period of any such absence,  be  deemed,  by  virtue
             of such absence alone, to have terminated such Participant's
             employment,  director  or officer status, or consultancy
             with the Company  or  with  an  Affiliate,  except  as
             the  Administrator  may otherwise expressly  provide.

     (e)     Except  as  required  by  law  or as set forth in a
             Participant's Option Agreement, Options granted under the
             Plan shall not be affected by any change of a  Participant's
             status within or among the Company and any Affiliates, so
             long as  the Participant continues to be an employee,
             director, officer or consultant of  the  Company  or  any
             Affiliate.
<PAGE>
14.     EFFECT  ON  OPTIONS  OF  TERMINATION  OF  SERVICE  "FOR  CAUSE".

     Except  as  otherwise  provided  in  a  Participant's Option Agreement, the
following  rules  apply  if  the  Participant's service (whether as an employee,
director,  officer or consultant) with the Company or an Affiliate is terminated
"for  cause" prior to the time that all his or her outstanding Options have been
exercised:

     (a)     All  outstanding  and unexercised Options as of the time
             the Participant is  notified  his  or  her service is
             terminated "for cause" will immediately be forfeited.

     (b)     For purposes of this Plan, "cause" shall include (and is
             not limited to) dishonesty  with  respect  to  the  Company
             or  any Affiliate, insubordination, substantial  malfeasance
             or  non-feasance  of  duty, unauthorized disclosure of
             confidential  information,  breach  by  the  Participant
             of any provision of any employment,  consulting,  advisory,
             nondisclosure,  non-competition  or similar agreement
             between  the  Participant  and the Company, and conduct
             substantially prejudicial  to  the business of the Company
             or any Affiliate. The determination of  the  Administrator
             as to the existence of "cause" will be conclusive on the
             Participant  and  the  Company.

     (c)     "Cause"  is  not  limited  to  events  that  have
             occurred  prior  to a Participant's  termination  of
             service,  nor  is  it  necessary  that  the Administrator's
             finding  of  "cause"  occur  prior  to  termination.  If
             the Administrator  determines,  subsequent to a Participant's
             termination of service but  prior  to the exercise of an
             Option, that either prior or subsequent to the Participant's
             termination  the  Participant  engaged  in  conduct  which
             would constitute  "cause",  then  the  right  to  exercise
             any  Option  is forfeited.

     (d)     Any provision in an agreement between the Participant and
             the Company or an Affiliate, which contains a conflicting
             definition of "cause" for termination and  which  is  in
             effect  at the time of such termination, shall supersede the
             definition  in  this  Plan  with  respect  to  that
             Participant.

15.     EFFECT  ON  OPTIONS  OF  TERMINATION  OF  SERVICE  FOR  DISABILITY.

Except  as  otherwise  provided  in  a  Participant's  Option  Agreement:

     (a)     A  Participant  who  ceases  to  be  an  employee,  director,
             officer or consultant  of  the  Company  or  of  an  Affiliate
             by reason of Disability may exercise  any  Option  granted
             to  such  Participant:
<PAGE>
             (i)     To  the  extent  that the Option has become exercisable
                     but has not been exercised  on  the  date  of
                     Disability;  and

             (ii)    In  the event rights to exercise the Option accrue
                     periodically, to the extent  of  a  pro rata portion
                     through the date of Disability of any additional
                     vesting  rights  that  would  have  accrued  on  the
                     next  vesting date had the Participant  not  become
                     Disabled. The pro ration shall be based upon the number
                     of  days  accrued in the current vesting period prior
                     to the date of Disability.

     (b)     A  Disabled  Participant may exercise such rights only within
             the period ending  one  year after the date of the
             Participant's termination of employment, director  or officer
             status, or consultancy, as the case may be, notwithstanding
             that  the  Participant might have been able to exercise the
             Option as to some or all of the Shares on a later date if
             the Participant had not become Disabled and had continued
             to be an employee, director, officer or consultant or,
             if earlier, within  the  originally  prescribed  term
             of  the  Option.

     (c)     The  Administrator  shall  make  the  determination
             both  of  whether Disability  has  occurred and the date
             of its occurrence (unless a procedure for such  determination
             is  set  forth in another agreement between the Company and
             such  Participant,  in  which  case  such  procedure  shall
             be  used  for  such determination).  If  requested,  a
             physician  selected  or  approved  by  the Administrator
             shall examine the Participant, and the Company shall pay
             the cost of  the  examination.

16.     EFFECT  ON  OPTIONS  OF  DEATH  WHILE  AN EMPLOYEE, DIRECTOR, OFFICER OR
CONSULTANT.

Except  as  otherwise  provided  in  a  Participant's  Option  Agreement:

      (a)     In  the  event of the death of a Participant while the
              Participant is an employee, director, officer or consultant
              of the Company or of an Affiliate, the Participant's
              Survivors  may  exercise  such  Option:

              (i)     To  the  extent  that the Option has become
                      exercisable but has not been exercised  on  the
                      date  of  death;  and
<PAGE>
              (ii)    In  the event rights to exercise the Option accrue
                      periodically, to the extent of a pro rata portion
                      through the date of death of any additional vesting
                      rights  that would have accrued on the next vesting
                      date had the Participant not died.  The  pro  ration
                      shall  be  based upon the number of days accrued in
                      the current  vesting  period  prior  to  the
                      Participant's  date  of  death.

     (b)     If  the  Participant's  Survivors wish to exercise the Option,
             they must take  all  necessary steps to exercise the Option
             within one year after the date of  death of such Participant,
             notwithstanding that the decedent might have been able  to
             exercise the Option as to some or all of the Shares on a
             later date if he or she had not died but had continued to be
             an employee, director, officer or consultant  or, if earlier,
             within the originally prescribed term of the Option.

17.     EFFECT  OF  TERMINATION  OF  SERVICE  ON  UNACCEPTED  STOCK  GRANTS.

     In the event of a termination of service (whether as an employee, director,
officer  or  consultant)  with the Company or an Affiliate for any reason before
the  Participant  has  accepted  a  Stock  Grant,  such  offer  shall terminate.

     For  purposes of this Paragraph 17 and Paragraph 18 below, a Participant to
whom  a  Stock  Grant has been offered and accepted under the Plan who is absent
from  work with the Company or with an Affiliate because of temporary disability
(any  disability  other  than a Disability as defined in Paragraph 1 hereof), or
who  is on leave of absence for any purpose, shall not, during the period of any
such  absence,  be  deemed,  by virtue of such absence alone, to have terminated
such  Participant's  employment, director or officer status, or consultancy with
the  Company  or  with  an  Affiliate, except as the Administrator may otherwise
expressly  provide.

     In  addition, for purposes of this Paragraph 17 and Paragraph 18 below, any
change  of  employment  or  other  service  within  or among the Company and any
Affiliates  shall  not  be  treated  as a termination of employment, director or
officer  status,  or  consultancy  so long as the Participant continues to be an
employee,  director,  officer  or  consultant  of  the Company or any Affiliate.

18.     EFFECT  ON STOCK GRANTS OF TERMINATION OF SERVICE OTHER THAN "FOR CAUSE"
OR  DEATH  OR  DISABILITY.

     Except  as  otherwise provided in a Participant's Stock Grant Agreement, in
the event of a termination of service (whether as an employee, director, officer
or  consultant),  other  than  termination "for cause," Disability, or death for
which events there are special rules in Paragraphs 19, 20, and 21, respectively,
before  all  Company  rights  of  repurchase shall have lapsed, then the Company
shall  have  the  right  to  repurchase that number of Shares subject to a Stock
Grant  as  to  which  the  Company's  repurchase  rights  have  not  lapsed.
<PAGE>
19.     EFFECT  ON  STOCK  GRANTS  OF  TERMINATION  OF  SERVICE  "FOR  CAUSE".

     Except  as otherwise provided in a Participant's Stock Grant Agreement, the
following  rules  apply  if  the  Participant's service (whether as an employee,
director,  officer or consultant) with the Company or an Affiliate is terminated
"for  cause":

     (a)     All  Shares  subject to any Stock Grant shall be immediately
             subject to repurchase  by  the  Company  at  the  purchase
             price,  if  any,  thereof.

     (b)     For purposes of this Plan, "cause" shall include (and is not
             limited to) dishonesty  with  respect  to  the  employer,
             insubordination,  substantial malfeasance  or  non-feasance
             of  duty, unauthorized disclosure of confidential
             information,  breach  by  the  Participant  of  any provision
             of any employment, consulting,  advisory,  nondisclosure,
             non-competition  or  similar  agreement between  the
             Participant and the Company, and conduct substantially
             prejudicial to  the  business  of  the  Company  or  any
             Affiliate. The determination of the Administrator  as  to
             the  existence  of  "cause"  will  be  conclusive  on the
             Participant  and  the  Company.

     (c)     "Cause"  is  not  limited  to  events  that  have  occurred
             prior  to a Participant's  termination  of  service,  nor
             is  it  necessary  that  the Administrator's  finding  of
             "cause"  occur  prior  to  termination.  If  the Administrator
             determines, subsequent to a Participant's termination of
             service, that either prior or subsequent to the Participant's
             termination the Participant engaged  in  conduct which
             would constitute "cause," then the Company's right to
             repurchase  all  of  such  Participant's  Shares  shall
             apply.

     (d)     Any provision in an agreement between the Participant and
             the Company or an Affiliate, which contains a conflicting
             definition of "cause" for termination and  which  is  in
             effect  at the time of such termination, shall supersede the
             definition  in  this  Plan  with  respect  to  that
             Participant.

20.     EFFECT  ON  STOCK  GRANTS  OF  TERMINATION  OF  SERVICE  FOR DISABILITY.

     Except  as otherwise provided in a Participant's Stock Grant Agreement, the
following  rules  apply  if  a  Participant  ceases to be an employee, director,
officer or consultant of the Company or of an Affiliate by reason of Disability:
to  the extent the Company's rights of repurchase have not lapsed on the date of
Disability, they shall be exercisable; provided, however, that in the event such
rights  of  repurchase lapse periodically, such rights shall lapse to the extent
of a pro rata portion of the Shares subject to such Stock Grant through the date
of  Disability as would have lapsed had the Participant not become Disabled. The
pro  ration  shall be based upon the number of days accrued prior to the date of
Disability.
<PAGE>
     The  Administrator  shall make the determination both of whether Disability
has  occurred  and  the  date  of  its  occurrence  (unless a procedure for such
determination  is  set  forth  in another agreement between the Company and such
Participant, in which case such procedure shall be used for such determination).
If  requested,  a  physician  selected  or  approved  by the Administrator shall
examine  the Participant, and the Company shall pay the cost of the examination.

21.     EFFECT  ON STOCK GRANTS OF DEATH WHILE AN EMPLOYEE, DIRECTOR, OFFICER OR
CONSULTANT.

     Except  as otherwise provided in a Participant's Stock Grant Agreement, the
following  rules  apply  in  the  event  of the death of a Participant while the
Participant is an employee, director, officer or consultant of the Company or of
an  Affiliate:  to the extent the Company's rights of repurchase have not lapsed
on  the date of death, they shall be exercisable; provided, however, that in the
event  such  rights of repurchase lapse periodically, such rights shall lapse to
the  extent  of  a  pro  rata  portion of the Shares subject to such Stock Grant
through the date of death as would have lapsed had the Participant not died. The
pro  ration  shall  be  based  upon  the  number  of  days  accrued prior to the
Participant's  death.

22.     PURCHASE  FOR  INVESTMENT.

     Unless the offering and sale of the Shares to be issued upon the particular
exercise  or  acceptance of a Stock Right shall have been effectively registered
under  the  Securities  Act  of  1933, as now in force or hereafter amended (the
"1933  Act"),  the  Company  shall  be  under  no obligation to issue the Shares
covered  by  such  exercise  unless and until the following conditions have been
fulfilled:

     (a)     The  person(s)  who  exercise(s)  or  accept(s)  such
             Stock Right shall warrant to the Company, prior to the
             receipt of such Shares, that such person(s) are acquiring
             such Shares for their own respective accounts, for
             investment, and not with a view to, or for sale in
             connection with, the distribution of any such Shares,
             in which event the person(s) acquiring such Shares
             shall be bound by the provisions  of  the  following
             legend  which  shall  be  endorsed  upon  the
             certificate(s)  evidencing their Shares issued pursuant
             to such exercise or such grant:

             "The  shares  represented by this certificate have been
             taken for investment and they  may  not  be  sold  or
             otherwise  transferred  by any person, including a
             pledgee,  unless  (1)  either  (a) a Registration Statement
             with respect to such shares  shall  be effective under the
             Securities Act of 1933, as amended, or (b) the Company
             shall have received an opinion of counsel satisfactory
             to it that an exemption  from  registration  under  such
             Act is then available, and (2) there shall  have  been
             compliance  with  all  applicable  state  securities  laws."
<PAGE>
     (b)     At  the discretion of the Administrator, the Company shall
             have received an  opinion  of  its  counsel that the Shares
             may be issued upon such particular exercise  or  acceptance
             in  compliance  with the 1933 Act without registration
             thereunder.

23.     DISSOLUTION  OR  LIQUIDATION  OF  THE  COMPANY.

     Upon  the  dissolution  or  liquidation of the Company, all Options granted
under  this  Plan  which  as  of such date shall not have been exercised and all
Stock  Grants and Stock-Based Awards which have not been accepted will terminate
and become null and void; provided, however, that if the rights of a Participant
or  a  Participant's  Survivors  have  not otherwise terminated and expired, the
Participant or the Participant's Survivors will have the right immediately prior
to  such dissolution or liquidation to exercise or accept any Stock Right to the
extent  that  the  Stock Right is exercisable or subject to acceptance as of the
date  immediately prior to such dissolution or liquidation. Upon the dissolution
or  liquidation  of  the  Company,  any  outstanding  Stock-Based  Awards  shall
immediately  terminate  unless  otherwise  determined  by  the  Administrator or
specifically  provided  in  the  applicable  Agreement.

24.     ADJUSTMENTS.

     Upon  the occurrence of any of the following events, a Participant's rights
with  respect  to  any  Stock  Right  granted  to  him or her hereunder shall be
adjusted  as  hereinafter  provided, unless otherwise specifically provided in a
Participant's  Agreement:

        A.     Stock Dividends and Stock Splits.  If (i) the shares
     of Common Stock shall be subdivided or combined into a greater or
     smaller number of shares or if the  Company  shall  issue any
     shares of Common Stock as a stock dividend on its outstanding
     Common  Stock, or (ii) additional shares or new or different shares
     or ot her securities of the Company or other non-cash assets are
     distributed with respect  to  such  shares  of Common Stock, the
     number of shares of Common Stock deliverable  upon the exercise of
     an Option or acceptance of a Stock Grant shall be  appropriately
     increased  or  decreased  proportionately,  and  appropriate
     adjustments shall be made including, in the purchase price per
     share, to reflect such  events.
<PAGE>
        B.     Corporate  Transactions.  If  the Company is to be
     consolidated with or acquired by another entity in a merger,
     or a sale of all or substantially all of  the  Company's assets
     (and excluding than a transaction to merely change the state
     of  incorporation)  (a "Corporate Transaction"), the
     Administrator or the board  of  directors  of  any  entity
     assuming  the  obligations of the Company hereunder  (the
     "Successor Board"), shall, as to outstanding Options, either (i)
     make  appropriate provision for the continuation of such Options
     by substituting on  an  equitable  basis  for the Shares then
     subject to such Options either the consideration  payable with
     respect to the outstanding shares of Common Stock in connection
     with  the  Corporate  Transaction  or securities of any successor
     or acquiring  entity; or (ii) upon written notice to the
     Participants, provide that all Options must be exercised (either
     (a) to the extent then exercisable or, (b) at the discretion
     of the Administrator, all Options being made fully exercisable
     for  purposes  of  this  Subparagraph), within a specified
     number of days of the date  of such notice, at the end of which
     period the Options shall terminate; or (iii)  terminate  all
     Options in exchange for a cash payment equal to the excess
     of  the  Fair  Market Value of the Shares subject to such
     Options (either (a) to the  extent then exercisable or, (b)
     at the discretion of the Administrator, all Options being
     made fully exercisable for purposes of this Subparagraph) over
     the exercise  price  thereof.

     With  respect  to  outstanding  Stock  Grants,  the  Administrator  or  the
     Successor  Board,  shall  either  (i)  make  appropriate  provisions  for
     the continuation  of  such  Stock  Grants  on  the  same  terms  and
     conditions  by substituting  on  an  equitable  basis for the Shares then
     subject to such Stock Grants either  the consideration payable with respect
     to the outstanding Shares of  Common Stock in connection with the Corporate
     Transaction or securities of any  successor  or  acquiring  entity;  or
     (ii)  terminate  all Stock Grants in exchange  for a cash payment equal to
     the excess of the Fair Market Value of the Shares  subject to such Stock
     Grants over the purchase price thereof, if any. In addition,  in  the event
     of a Corporate Transaction, the Administrator may waive any or  all Company
     repurchase rights with respect to outstanding Stock Grants.

          C.     Recapitalization  or  Reorganization.  In  the  event  of  a
     recapitalization  or  reorganization  of  the  Company  other  than  a
     Corporate Transaction  pursuant  to  which  securities  of  the  Company or
     of another corporation are issued with respect to the outstanding shares of
     Common Stock, a Participant  upon  exercising  an  Option  or  accepting a
     Stock Grant after the recapitalization or reorganization shall be entitled
     to receive for the purchase price  paid  upon  such  exercise  or
     acceptance  of  the number of replacement securities  which would have been
     received if such Option had been exercised or Stock  Grant  accepted  prior
     to  such  recapitalization  or  reorganization.
<PAGE>
        D.     Adjustments to Stock-Based Awards.  Upon the happening of any of
     the events  described  in Subparagraphs A, B or C above, any outstanding
     Stock-Based Award  shall  be  appropriately adjusted to reflect the events
     described in such Subparagraphs.  The  Administrator  or  the  Successor
     Board shall determine the specific  adjustments  to  be  made  under  this
     Paragraph  24, and, subject to Paragraph  4,  its  determination  shall  be
     conclusive.

25.     ISSUANCES  OF  SECURITIES.

     Except  as  expressly provided herein, no issuance by the Company of shares
of  stock  of  any  class, or securities convertible into shares of stock of any
class,  shall  affect,  and  no  adjustment by reason thereof shall be made with
respect  to,  the  number  or price of shares subject to Stock Rights. Except as
expressly  provided  herein,  no adjustments shall be made for dividends paid in
cash  or  in  property (including without limitation, securities) of the Company
prior  to  any  issuance  of  Shares  pursuant  to  a  Stock  Right.

26.     FRACTIONAL  SHARES.

     No  fractional  shares  shall  be  issued  under  the  Plan  and the person
exercising  a  Stock  Right  shall receive from the Company cash in lieu of such
fractional  shares  equal  to  the  Fair  Market  Value  thereof.

27.     WITHHOLDING.

     In  the  event  that  any federal, state, or local income taxes, employment
taxes,  Federal  Insurance  Contributions Act ("F.I.C.A.") withholdings or other
amounts are required by applicable law or governmental regulation to be withheld
from  the  Participant's  salary, wages or other remuneration in connection with
the  exercise or acceptance of a Stock Right or upon the lapsing of any right of
repurchase,  the  Company  may  withhold from the Participant's compensation, if
any,  or  may require that the Participant advance in cash to the Company, or to
any  Affiliate  of  the  Company  which employs or employed the Participant, the
statutory  minimum  amount  of  such withholdings unless a different withholding
arrangement,  including  the  use  of  shares of the Company's Common Stock or a
promissory  note, is authorized by the Administrator (and permitted by law). For
purposes  hereof,  the  Fair Market Value of the shares withheld for purposes of
payroll  withholding  shall  be determined in the manner provided in Paragraph 1
above,  as of the most recent practicable date prior to the date of exercise. If
the  Fair Market Value of the shares withheld is less than the amount of payroll
withholdings required, the Participant may be required to advance the difference
in  cash  to  the  Company  or  the Affiliate employer. The Administrator in its
discretion  may  condition the exercise of an Option for less than the then Fair
Market  Value  on  the  Participant's  payment  of  such additional withholding.

28.     TERMINATION  OF  THE  PLAN.

     The  Plan  will  terminate  on  10  years  after adoption.  The Plan may be
terminated  at  an  earlier  date  by  vote  of the stockholders or the Board of
Directors; provided, however, that any such earlier termination shall not affect
any  Agreements  executed  prior  to  the  effective  date  of such termination.
<PAGE>
29.     AMENDMENT  OF  THE  PLAN  AND  AGREEMENTS.

     The  stockholders  of  the Company may amend the Plan. The Plan may also be
amended  by  the  Administrator,  including,  without  limitation, to the extent
necessary  to qualify any or all outstanding Stock Rights granted under the Plan
or  Stock  Rights  to be granted under the Plan for favorable federal income tax
treatment  (including  deferral  of  taxation  upon exercise) as may be afforded
incentive  stock  options  under  Section  422  of  the  Code, and to the extent
necessary  to  qualify  the  shares  issuable upon exercise or acceptance of any
outstanding  Stock Rights granted, or Stock Rights to be granted, under the Plan
for  listing  on  any  national securities exchange or quotation in any national
automated  quotation system of securities dealers. Any amendment approved by the
Administrator  that  the  Administrator  determines  is of a scope that requires
stockholder  approval  shall  be subject to obtaining such stockholder approval.
Any  modification  or  amendment of the Plan shall not, without the consent of a
Participant,  adversely  affect his or her rights under a Stock Right previously
granted  to  him  or  her.  With  the  consent  of the Participant affected, the
Administrator  may amend outstanding Agreements in a manner which may be adverse
to  the  Participant  but  which  is  not  inconsistent  with  the  Plan. In the
discretion  of  the  Administrator,  the  Administrator  may  amend  outstanding
Agreements  in  a  manner  that  is  not  adverse  to  the  Participant.

30.     EMPLOYMENT  OR  OTHER  RELATIONSHIP.

     Nothing  in  this  Plan  or  any  Agreement  shall be deemed to prevent the
Company  or  an  Affiliate  from  terminating  the  employment,  consultancy, or
director  or  officer status of a Participant, nor to prevent a Participant from
terminating  his  or  her  own  employment,  consultancy, or director or officer
status  or to give any Participant a right to be retained in employment or other
service  by  the  Company  or  any  Affiliate  for  any  period  of  time.

31.     GOVERNING  LAW.

     This Plan shall be construed and enforced in accordance with the law of the
State  of  Texas.AMKR 6.30.12 Ex 10.3

AMKOR TECHNOLOGY, INC.
AMENDED AND RESTATED 2007 EQUITY INCENTIVE PLAN
STOCK OPTION AWARD AGREEMENT 
Unless otherwise defined herein, the terms defined in the Amkor Technology, Inc. Amended and Restated 2007 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Stock Option Award Agreement (the “Award Agreement”).  
Participant Name:    

Address:           
You have been granted an Option to purchase Common Stock of Amkor Technology, Inc. (the “Company”), subject to the terms and conditions of the Plan and this Award Agreement, as follows:
Grant Number    
Date of Grant    
Vesting Commencement Date    See Vesting Schedule Below
Exercise Price per Share    
Total Number of Shares Granted    
Type of Option:    ___ Incentive Stock Option
X     Nonstatutory Stock Option
Term/Expiration Date:    

1.Grant of Option.  The Company hereby grants to the individual named in this Award Agreement (the “Participant”) an option (the “Option”) to purchase the number of Shares, as set forth in this Award Agreement, at the exercise price per Share set forth in this Award Agreement (the “Exercise Price”), subject to all of the terms and conditions in this Award Agreement and the Plan, which is incorporated herein by reference.  In the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Award Agreement, the terms and conditions of the Plan shall prevail.  
If designated in the Award Agreement as an Incentive Stock Option ("ISO"), this Option is intended to qualify as an Incentive Stock Option under Section 422 of the Code. However, if this Option is intended to be an Incentive Stock Option, to the extent that it exceeds the $100,000 rule of Code Section 422(d) it shall be treated as a Nonstatutory Stock Option (“NSO”).  

1

2.Vesting Schedule.  Except as provided in Section 4 and subject to any acceleration provisions contained in the Plan or set forth below, this Option will become vested and exercisable in accordance with the following schedule.  Shares scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Award Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting is scheduled to occur:
The Option will become vested and exercisable with respect to one-third (1/3) of the Shares subject to the Option on each of the first three anniversaries of the Date of Grant, such that 100% of the Option will be vested and exercisable on the third anniversary of the Date of Grant.
3.Termination Period.  In the event that Participant ceases to be a Service Provider, the portion of the Option that is not vested as of such date shall be immediately forfeited with no consideration due Participant and the portion of the Option that is vested and exercisable as of the date of such cessation shall remain exercisable (except as otherwise provided below):  (x) if Participant ceases to be a Service Provider due to Participant’s resignation for any reason (other than Retirement (as defined in the Plan)) or due to his termination by the Company for any reason, for three (3) months after Participant ceases to be a Service Provider; (y) if Participant ceases to be a Service Provider due to his death or Disability, for twenty-four (24) months after Participant ceases to be a Service Provider; and (z) if Participant ceases to be a Service Provider due to Retirement, for twenty-four (24) months following Participant’s Retirement.  If the exercise of the Option following the termination of Participant’s status as a Service Provider (other than upon Participant’s death or Disability) would result in liability under Section 16(b), then the vested portion of the Option will terminate on the earlier of (A) the Term/Expiration Date or (B) the tenth (10th) day after the last date on which such exercise would result in such liability under Section 16(b).  If the exercise of the Option following the termination of Participant’s status as a Service Provider (other than upon Participant’s death or Disability) would be prohibited at any time solely because the issuance of Shares would violate the registration requirements under the Securities Act, then the vested portion of the Option will terminate on the earlier of (A) the Term/Expiration Date or (B)  three (3) months after the last day on which the exercise of the Option would be in violation of such registration requirements.  Notwithstanding anything contained herein to the contrary, in no event shall this Option be exercised later than the Term/Expiration Date as provided above.  In addition, the Option may be subject to earlier termination as provided in Section 16(c) of the Plan.  
4.Administrator Discretion.  The Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested Option at any time, subject to the terms of the Plan.  If so accelerated, such Option will be considered as having vested as of the date specified by the Administrator.
5.Exercise of Option.  This Option is exercisable during its term in accordance with the Vesting Schedule set out in the Award Agreement and the applicable provisions of the Plan and this Award Agreement. This Option is exercisable by completing the transaction through the Company's captive broker assisted transactions via voice response system or the Internet secured transaction system.  
The Option shall be deemed to be exercised upon receipt by the Company of a fully executed exercise notice or other form as may be required by the Company (the “Exercise Notice”).  

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The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to the number of Shares in respect of which the Option is being exercised (the “Exercised Shares”), together with any applicable tax withholding.  No Shares shall be issued pursuant to the exercise of this Option unless such issuance and exercise complies with Applicable Laws.
6.Method of Payment.  Payment of the aggregate Exercise Price shall be by any of the following, or a combination thereof, at the election of Participant:  
(a)    Cash; 
(b)    Check; 
(c)    Consideration received by the Company under a cashless exercise program implemented by the Company in connection with the Plan;
(d)    Surrender of other Shares which have a Fair Market Value on the date of exercise equal to the aggregate Exercise Price of the Exercised Shares, provided that accepting such Shares, in the sole discretion of the Administrator, will not result in any adverse accounting consequences to the Company;  or
(e)    If Participant is subject to the requirements of Section 16, withholding by the Company of a number of Shares from those that would otherwise be received on exercise having an aggregate Fair Market Value (determined on the date of exercise) equal to the aggregate Exercise Price of the Exercised Shares.  
In all events, the aggregate Exercise Price must be paid to the Company within three days after the date of exercise.
7.Tax Obligations.
(a)    Withholding Taxes.  Notwithstanding any contrary provision of this Award Agreement, no certificate representing the Shares will be issued to Participant, unless and until satisfactory arrangements (as determined by the Administrator) have been made by Participant with respect to the payment of income, employment and other taxes which the Company determines must be withheld with respect to such exercise.  To the extent determined appropriate by the Company in its discretion, it will have the right (but not the obligation) to satisfy any tax withholding obligations by reducing the number of Shares otherwise deliverable to Participant.  If Participant fails to make satisfactory arrangements for the payment of any required tax withholding obligations hereunder at the time of the Option exercise, Participant acknowledges and agrees that the Company may refuse to honor the exercise and refuse to deliver Shares if such withholding amounts are not delivered at the time of exercise.  If Participant is subject to Section 16, Participant may satisfy his or her tax withholding obligations by directing the Company to withhold a number of Shares from those that he or she would otherwise receive upon exercise of the Option having a Fair Market Value (determined as of the date on which the withholding obligation arises) equal to the minimum withholding taxes due.
(b)    Notice of Disqualifying Disposition of ISO Shares.  If the Option granted to Participant herein is an ISO, and if Participant sells or otherwise disposes of any of the Shares acquired pursuant to the ISO on or before the later of (i) the date two (2) years after the Date of Grant or (ii) the 

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date one (1) year after the date of exercise, Participant will immediately notify the Company in writing of such disposition.  Participant agrees that Participant may be subject to income tax withholding by the Company on the compensation income recognized by Participant as a result of such disposition. 
(c)    Code Section 409A.  The Option is intended to comply with, or be exempt from, Code Section 409A and all regulations, guidance, compliance programs and other interpretative authority thereunder, and shall be interpreted in a manner consistent therewith.  Notwithstanding anything contained herein to the contrary, in the event the Option is subject to Code Section 409A, the Company may, in its sole discretion and without Participant’s prior consent, amend the Plan and/or the Award Agreement, adopt policies and procedures, or take any other actions as deemed appropriate by the Company to (i) exempt the Option from the application of Code Section 409A, (ii) preserve the intended tax treatment of the Option or (iii) comply with the requirements of Code Section 409A.  Notwithstanding anything contained herein to the contrary, in no event shall the Company or any Subsidiary have any liability or obligation to Participant or any other person in the event that the Plan or the Option is not exempt from, or compliant with, Code Section 409A.
8.Rights as Stockholder.  Neither Participant nor any person claiming under or through Participant will have any of the rights or privileges of a stockholder of the Company in respect of any Shares deliverable hereunder unless and until certificates representing such Shares have been issued, recorded on the records of the Company or its transfer agents or registrars, and delivered to Participant.  After such issuance, recordation and delivery, Participant will have all the rights of a stockholder of the Company with respect to such Shares, including voting and receipt of dividends and distributions on such Shares. 
9.No Guarantee of Continued Service.  PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE VESTING OF THE OPTION PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY (OR THE SUBSIDIARY EMPLOYING OR RETAINING PARTICIPANT) AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THE OPTION OR ACQUIRING SHARES HEREUNDER.  PARTICIPANT FURTHER ACKNOWLEDGES AND AGREES THAT THIS AWARD AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND WILL NOT INTERFERE IN ANY WAY WITH PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY (OR THE SUBSIDIARY EMPLOYING OR RETAINING PARTICIPANT) TO TERMINATE PARTICIPANT’S RELATIONSHIP AS A SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT CAUSE.  
10.Address for Notices.  Any notice to be given to the Company under the terms of this Award Agreement will be addressed to the Company, in care of its Stock Plan Administrator at Amkor Technology, Inc., 1900 South Price Road, Chandler, Arizona, 85286, or at such other address as the Company may hereafter designate in writing.  
11.Non-Transferability of Option.  This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant.  

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12.Binding Agreement.  Subject to the limitation on the transferability of this grant contained herein, this Award Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto (provided that neither the Option nor this Award Agreement may be assigned by Participant).  
13.Additional Conditions to Issuance of Stock.  If at any time the Company determines, in its discretion, that the listing, registration or qualification of the Shares upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory authority is necessary or desirable as a condition to the issuance of Shares to Participant (or his or her estate), such issuance will not occur unless and until such listing, registration, qualification, consent or approval has been effected or obtained free of any conditions not acceptable to the Company.  Assuming such compliance, for income tax purposes the Exercised Shares will be considered transferred to Participant on the date the Option is exercised with respect to such Exercised Shares.
14.Administrator Authority.  The Administrator has the power to interpret the Plan and this Award Agreement and to adopt such rules for the administration, interpretation and application of the Plan and this Award Agreement as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether or not any Shares subject to the Option have vested).  All actions taken and all interpretations and determinations made by the Administrator in good faith will be final and binding upon Participant, the Company and all other interested persons.  No member of the Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Award Agreement.
15.Electronic Delivery.  The Company may, in its sole discretion, decide to deliver any documents related to the Option or the Plan by electronic means or request Participant’s consent to participate in the Plan by electronic means.  Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through any on-line or electronic system established and maintained by the Company or another third party designated by the Company.
16.Captions.  Captions provided herein are for convenience only and are not to serve as a basis for interpretation or construction of this Award Agreement.
17.Agreement Severable.  In the event that any provision in this Award Agreement is held invalid or unenforceable, such provision will be severable from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Award Agreement.
18.Modifications to the Award Agreement.  The Plan and this Award Agreement constitute the entire understanding of the parties on the subjects covered herein.  Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises, representations, or inducements other than those contained herein.  Except as otherwise provided herein or in the Plan, modifications to this Award Agreement can be made only in an express written contract executed by Participant and a duly authorized officer of the Company.  
19.Amendment, Suspension or Termination of the Plan.  By accepting this Award, Participant expressly warrants that he or she has received an Option under the Plan, and has received, read and understands the Plan.  Participant understands that the Plan is discretionary in nature and may be amended, suspended or terminated by the Company at any time.

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20.Governing Law.  This Award Agreement will be governed by the laws of the State of Delaware without giving effect to the conflict of law principles thereof.  For purposes of litigating any dispute that arises under this Option or this Award Agreement, the parties hereby submit to and consent to the jurisdiction of the State of Arizona, and agree that such litigation will be conducted solely in the courts of Maricopa County, Arizona, or the federal courts for the United States for the District of Arizona.
21.Agreement.  Participant’s receipt of the Option and this Award Agreement constitutes Participant’s agreement to be bound by the terms and conditions of this Award Agreement and the Plan.  Participant’s signature is not required in order to make this Award Agreement effective.

Optionee:                        Amkor Technology, Inc.:
    
_____________________________________    By:   /s/ Gil C. Tily        
          Gil C. Tily
Signature/Date:     Title:    Exec. VP, Chief Administrative Officer
& General Counsel
            
Date:  ________________________________

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