Document:

exv10w107

 

EXHIBIT 10.107

MADISON PARK, L.L.C.

30 East 71st #1A

New York, NY 10021

(212) 717-0520

(212) 717-4263

                    as of October 1, 2007

CONFIDENTIAL

EZCORP, Inc.

1901 Capital Parkway

Austin, TX 78746

Gentlemen:

The purpose of this letter is to set forth the agreement and understanding as of October 1, 2007,
between EZCORP, Inc. (“EZCORP”) and Madison Park, L.L.C. (“Madison Park”) regarding advisory
services to be rendered by Madison Park to EZCORP (the “Agreement”).

	 	1.	 	EZCORP hereby engages Madison Park to provide advisory services related to EZCORP’s
business and long term strategic plan, as modified by EZCORP from time to time, including
but not limited to advising on the following:

	 	(a)	 	Identifying, evaluating and negotiating potential acquisitions and
strategic alliances;
	 
	 	(b)	 	Assessing operating and strategic objectives including new business
development;
	 
	 	(c)	 	Advising on investor relations and relations with investment bankers,
securities analysts and other members of the financial services industry;
	 
	 	(d)	 	Assisting in international business development and strategic
investment opportunities that complement EZCORP’s business lines and strategic
objectives;
	 
	 	(e)	 	Analyzing financial condition and results of operations, evaluating
strengths and weaknesses of financial performance and recommending measures to
improve performance;
	 
	 	(f)	 	Advising on dividend policy and corporate transactions such as stock
repurchases, splits, recapitalizations and restructuring;
	 
	 	(g)	 	Providing briefings on business strategy to the Board of Directors
from time to time as appropriate; and
	 
	 	(h)	 	Performing such other services as agreed between EZCORP and Madison
Park.

	 	2.	 	Madison Park hereby accepts the engagement described in paragraph 1 above. As
compensation for its services, EZCORP agrees to pay Madison Park an annual retainer fee of
$1,800,000, payable in $150,000 monthly installments (the “Retainer”).

 

 

	 	3.	 	The term of Madison Park’s engagement shall extend from October 1, 2007, through
September 30, 2008. The Agreement shall terminate on September 30, 2008, unless terminated
earlier as provided for herein. Paragraph 5 herein shall survive any termination or
expiration of this Agreement.
	 
	 	4.	 	EZCORP shall reimburse Madison Park for its out-of-pocket travel and entertainment
expenses incurred in order to render the services contemplated to be provided by Madison
Park pursuant to this Agreement. Any other expenses must be agreed to by EZCORP in
advance. The expenses shall be documented in a similar manner applicable to EZCORP’s
executive officers and paid by EZCORP within 30 days after receipt by EZCORP of a detailed
invoice including supporting documentation.
	 
	 	5.	 	Either party may terminate this Agreement with or without cause upon 30 days written
notice to the other party.
	 
	 	6.	 	Indemnification.

	 	(a)	 	EZCORP agrees to indemnify and hold harmless Madison Park, its
affiliates, the respective officers, directors, employees, consultants, associates
and agents of Madison Park and its affiliates, and any person controlling Madison
Park or any of its affiliates within the meaning of either Sections 15 of the
Securities Act of 1933 or Section 9 of the Securities Exchange Act of 1934 (each
an “indemnified person”) in connection with this engagement from and against all
claims, costs, expenses, liabilities, losses and damages (or actions in respect
thereof) related to or arising out of this engagement or Madison Park’s connection
therewith; provided, however, that EZCORP shall not be responsible for any claims,
costs, expenses, liabilities, losses or damages of an indemnified person to the
extent that it is finally determined by a court or other tribunal of competent
jurisdiction that they resulted primarily from actions taken or omitted to be
taken by such indemnified person due to such indemnified person’s recklessness,
willful misconduct or bad faith or that they arose primarily out of or were based
primarily upon any untrue statement or omission made (i) in any document or
writing in reliance upon and in conformity with information furnished to EZCORP by
such indemnified person for use in such document or writing or (ii) in any
document in connection with the engagement without the prior approval of EZCORP.
	 
	 	(b)	 	If any action or proceeding, including, but not limited to, any
governmental investigation, shall be brought or asserted against an indemnified
person in respect of which indemnity shall be sought from EZCORP, such indemnified
person shall promptly notify EZCORP in writing of an indemnified person’s
knowledge of such claim, action or proceedings, and EZCORP shall assume the
defense thereof, including, but not limited to, the employment of counsel
reasonably satisfactory to such indemnified person and the payment of all fees and
disbursements of such counsel and all other expenses related to such actions or
proceeding. Such indemnified person shall have the right to employ separate
counsel in any such action or proceeding to participate in defense thereof, but
the fees and expenses of such separate counsel shall be at the expense of such
indemnified person unless (i) EZCORP has agreed to pay such fees and expenses or
(ii) EZCORP shall have failed to timely assume the defense of such actions or
proceeding, to employ counsel reasonably satisfactory to such indemnified person
in any such action or proceeding and if requested by such indemnified person, to
confirm in writing that it is obligated to indemnify such indemnified person
against all claims, costs, expenses, liabilities, losses and damages related to or
arising out of such action or proceeding in accordance with this agreement or
(iii) counsel shall determine that there is or could reasonably be expected to be
a conflict of interest by reason of having common
counsel in any action or proceeding, in which case, if such indemnified person
notifies EZCORP in writing that it elects to employ separate counsel at the
expense of EZCORP, EZCORP shall not have the right to assume the defense of
such action or proceeding on behalf of any such indemnified person, it being
understood, however, that EZCORP shall not, in connection with any one such
action or proceeding or separate but substantially similar or related actions
or proceedings in the same jurisdiction arising out of the same general
allegations or circumstances, be liable for the reasonable fees and expenses of
more than one separate firm of attorneys (together with appropriate local
counsel) at any time for such indemnified person, which firm shall be
designated in writing by such indemnified person. EZCORP shall not be liable
for any settlement of any such action or proceeding effected without EZCORP’s
written consent, which should not be unreasonably withheld. If settled with
EZCORP’s prior written consent or if there be a final and nonappealable
judgment for the plaintiff in any such action or proceeding, EZCORP agrees to
indemnify and hold harmless such indemnified person from and against any loss
or liability to the extent stated above by reason of such settlement or
judgment.

 

 

	 	(c)	 	If for any reason the indemnification provided herein is unavailable
to an indemnified person under paragraph 6(b) above in respect of any claims,
costs, expenses, liabilities, losses or damages referred to therein or if such
indemnification shall be insufficient to hold such indemnified person harmless
from all such claims, costs, expenses, liabilities, losses or damages, then
EZCORP, in lieu of indemnifying such indemnified person shall contribute to the
amount paid or payable by such indemnified person as a result of such claims,
costs, expenses, liabilities, losses or damages, (i) in such proportion as is
appropriate to reflect the relative benefits received by EZCORP on the one hand
and such indemnified person on the other hand or (ii) if the allocation provided
by clause (i) above is not permitted by applicable law, in such proportion as is
appropriate to reflect not only the relative benefits referred to in clause (i)
but also the relative fault of EZCORP, on the one hand, and such indemnified
person, on the other, as well as any other relevant equitable consideration. The
amount paid or payable by a party as a result of the claims, costs, expenses,
liabilities, losses or damages, referred to above shall be deemed to include,
subject to the limitations set forth in paragraph 6(b) any legal or other fees or
expenses reasonably incurred by such party in connection with investigating or
defending any action or claim. Notwithstanding the provisions herein, Madison
Park shall not be required to contribute any amount in excess of the amount of
fees received by Madison Park under this Agreement.

	 	7.	 	The terms of this Agreement and the advice provided under this Agreement shall not be
disclosed by either party without the express written consent of the other party, except
(i) any EZCORP regulatory filing, (ii) a court proceeding, or (iii) as required by law.
	 
	 	8.	 	This Agreement shall be governed by the laws of the State of New York.
	 
	 	9.	 	The obligations under this Agreement may be assigned by Madison Park on written
notice to EZCORP. Such written notice must be delivered to EZCORP at least 30 calendar
days prior to the effective date of any such assignment.
	 
	 	10.	 	This Agreement constitutes the entire agreement of the parties hereto with respect to
all matters contemplated hereby and supersedes all previous agreements and understandings
among them concerning such matters. No statements or agreements, oral or written, made
prior to or at the signing hereof, shall vary, waive or modify the written terms hereof.

*          *          *          *          *

 

 

If the foregoing correctly sets forth the understanding and agreement between Madison Park and
EZCORP, please so indicate in the space provided below for this purpose, whereupon this letter
shall constitute a binding agreement.

	 	 	 	 	 
	 	MADISON PARK, L.L.C.

 	 
	 	/s/ Virginia D. Dodson	 
	 	By:	Virginia D. Dodson 	 
	 	Title:  	Vice President 	 
	 

AGREED AND ACCEPTED ON THIS 5th DAY OF November, 2007 and effective as of October 1, 2007.

	 	 	 	 	 
	EZCORP, INC.	 	 
	 	 	 	 
	/s/ Daniel M. Chism	 	 
	By:  	Daniel M. Chism	 	 
	 	 	 	 
	Title:  	Controller
and Assistant Secretaryexv10w1

 

Exhibit 10.1

First Amendment to Lease Agreement

This First Amendment to Lease Agreement (the “Amendment”) is made and entered into to be effective
as of July 30, 2007, by and between SUNNYVALE BUSINESS PARK I, LLC, a Delaware limited liability
company, and SUNNYVALE BUSINESS PARK SUB, LLC, a Delaware limited liability company (collectively,
“Landlord”), and LEADIS TECHNOLOGY, INC., a Delaware corporation (“Tenant”), with reference to the
following facts:

Recitals

A. Sunnyvale Business Park, a California limited partnership (the “Original Landlord”), and Tenant
have entered into that certain Lease Agreement dated as of December 23, 2004 (the “Lease”), for the
leasing of certain premises consisting of approximately 11,840 rentable square feet located at 800
West California Avenue, Suite 200, Sunnyvale, California (the “Original Premises”) as such Original
Premises are more fully described in the Lease.

B. In June 2005, Original Landlord transferred its interest to Sunnyvale Park II, LLC, Sunnyvale
Park III, LLC and Sunnyvale Park IV, LLC, as tenants in common (“Interim Landlord”) and Interim
Landlord assumed the obligations of Original Landlord under the Lease to the extent such
obligations first arose after June 30, 2005. In December 2005, Interim Landlord transferred their
interests in the real property of which the Premises is a part, and said interests are now owned
and held by Landlord and Landlord assumed the obligations of Interim Landlord under the Lease to
the extent such obligations first arise and accrue on or after December 12, 2005.

C. Landlord and Tenant now wish to amend the Lease to provide for, among other things, the
expansion of the Original Premises to include those certain premises consisting of approximately
2,999 rentable square feet located at 800 West California Avenue, Suite 220, Sunnyvale, California
(the “Expansion Premises”), which Expansion Premises are depicted on the floor plan attached hereto
and made a part hereof as Exhibit A, all upon and subject to each of the terms, conditions,
and provisions set forth herein.

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration,
the receipt and adequacy of which are hereby acknowledged, Landlord and Tenant agree as follows:

     1. Recitals: Landlord and Tenant agree that the above recitals are true and correct
and are hereby incorporated herein as though set forth in full.

     2. Term: Landlord and Tenant acknowledge and agree that the Lease Commencement Date
is March 1, 2005 and the Expiration Date is May 31, 2010.

     3. Premises:

          3.1 Commencing on the later of: (a) August 1, 2007, or (b) the date Landlord substantially
completes the tenant improvements described in Paragraph 6 below (the “EP Commencement Date”) the
Original Premises shall be expanded to include the Expansion Premises.

          3.2 Tenant hereby acknowledges that the Expansion Premises are presently being occupied by
Kenati Technologies, Inc. (the “Existing Tenant”). Notwithstanding anything to the contrary in
this Amendment, Landlord’s obligation to deliver possession of the Expansion Premises to Tenant by
the EP Commencement Date is contingent upon the Existing Tenant vacating the Expansion Premises and
surrendering possession thereof to Landlord by August 20, 2007. In the event Existing Tenant fails
to timely vacate the Expansion Premises and Landlord is unable to complete the tenant improvements
described in Paragraph 6 by August 31, 2007 as a result thereof, each of Landlord and Tenant shall
have the right, in Landlord’s and Tenant’s sole discretion, to terminate this Amendment, in which
event the parties shall be relieved of all obligations under this Amendment except for those
obligations which expressly survive the expiration or sooner termination of this Amendment. If
Landlord cannot deliver to Tenant possession of the Expansion Premises with the tenant improvements
described in Paragraph 6 below substantially complete by August 31, 2007 due to no fault of its
own, Landlord shall neither be subject to any liability nor shall the validity of the Lease or this
Amendment be affected. Landlord shall promptly notify Tenant in writing if the Existing Tenant
fails to timely vacate the Expansion Premises and Landlord reasonably believes that it will not be
able to substantially complete the tenant improvements by August 31, 2007. From and after the EP
Commencement Date, the Base Rent for both the Original Premises and the Expansion Premises shall be
as set forth in Paragraph 4 below.

          3.3 For purposes of the Lease, from and after the EP Commencement Date, the “Premises” as
defined in Section 1.1 of the Lease and the Summary shall mean and refer to the aggregate of the
Original Premises and the Expansion Premises consisting of a combined total of approximately 14,839
rentable square feet. Accordingly, from and after the EP Commencement Date, all references in this
Amendment and in the Lease to the term “Premises” shall mean and refer to the Original Premises and
the Expansion Premises. Landlord and Tenant hereby agree that for purposes of the Lease, from and
after the EP Commencement Date, the rentable square footage area of the Premises shall be
conclusively deemed to be 14,839 rentable square feet. In addition to the foregoing, it is the
parties express intention that the balance of the Term of the Lease for the Original Premises and
the Expansion Premises be coterminous with the Expiration Date of the initial Term as specified in
the Lease and that any option or renewal term described in the Lease shall be applicable to both
the Premises and the Expansion Premises.

1

 

     4. Base Rent: The Summary and Article 3 of the Lease are hereby modified to provide
that during the Term of the Lease the monthly Base Rent payable by Tenant to Landlord, in
accordance with the provisions of Article 3 of the Lease shall be as follows:

	 	 	 	 	 	  	 	 	 	 	 	 
	 	 	Original Premises	 	 	Expansion Premises	 	 	Aggregate Amount of	 
	           Period	 	Monthly Base Rent	 	 	Monthly Base Rent	 	Monthly Base Rent	 
	3/1/05 – 5/31/05
	 	$	0.00	 	 	$	0.00	 	 	$	0.00	 
	6/1/05 – 5/31/06
	 	$	12,195.20	 	 	$	0.00	 	 	$	12,195.20	 
	6/1/06 – 5/31/07
	 	$	12,668.80	 	 	$	0.00	 	 	$	12,668.80	 
	6/1/07 – 7/31/07
	 	$	13,142.40	 	 	$	0.00	 	 	$	13,142.40	 
	8/1/07 – 8/31/07
	 	$	13,142.40	 	 	$	0.00	 	 	$	13,142.40	 
	9/1/07 – 5/31/08
	 	$	13,142.40	 	 	$	7,197.60	 	 	$	20,340.00	 
	6/1/08 – 5/31/09
	 	$	13,616.00	 	 	$	7,497.50	 	 	$	21,113.50	 
	6/1/09 – 4/30/10
	 	$	14,089.60	 	 	$	7,797.40	 	 	$	21,887.00	 
	5/1/10 – 5/31/10
	 	$	14,089.60	 	 	$	7,197.40	 	 	$	21,287.00	 

     Landlord hereby agrees to waive the requirement that Tenant pay Landlord Base Rent as
specified herein for the Expansion Premises for the first (1st) month following the EP
Commencement Date. Notwithstanding the provisions of this Paragraph 4, Tenant’s obligation to pay
Rent with respect to the Expansion Premises shall not commence until the EP Commencement Date.
Promptly after the EP Commencement Date, Landlord and Tenant shall execute a written amendment to
the Lease, wherein the parties shall specify the actual EP Commencement Date. Tenant shall execute
and return such amendment to Landlord within fifteen (15) days after Tenant’s receipt thereof. If,
at any time, Tenant is in default of any term, condition or provision of the Lease or this
Amendment, to the fullest extent permitted by law, any express or implicit waiver by Landlord of
Tenant’s requirement to pay Base Rent during any period of time from and after the Lease
Commencement Date shall be null and void and Tenant shall immediately pay to Landlord all Base Rent
so expressly or implicitly waived by Landlord.

     5. Advance Rent: Concurrently with Tenant’s execution of this Amendment, Tenant shall
pay to Landlord the amount of Nine Thousand Two Hundred Thirty-Six and 92/100 Dollars ($9,236.92),
which shall represent Tenant’s first monthly installment of Base Rent and Additional Rent payable
for the Expansion Premises.

     6. Condition of the Expansion Premises: Subject to the provisions of Paragraph 3
above, on the EP Commencement Date Landlord shall deliver to Tenant possession of the Expansion
Premises in its then existing condition and state of repair, “AS IS”, and Landlord shall not be
obligated to provide or pay for any improvement, remodeling or refurbishment work or services
related to the improvement, remodeling or refurbishment of the Expansion Premises except that
Landlord shall: (i) remove the demising wall between Suite 200 and Suite 220 and repair all damage
to the Premises incurred in connection therewith (including any damage to flooring, walls,
electrical systems and HVAC caused by such removal work); (ii) provide Tenant with use of all
cubicles and wiring existing in the Expansion Premises as of the date hereof, provided such use
shall be subject to all of the terms and conditions of Article 25 of the Lease; (iii) reconfigure
the cubicle layout and wiring within the Expansion Premises as reasonably requested by Tenant and
approved by Landlord; (iv) professionally clean the Expansion Premises; (v) touch-up paint in the
Expansion Premises as needed to match the Original Premises; and (vi) repair or replace, if
necessary, any damaged or stained ceiling tiles and window blinds in the Expansion Premises. By
taking possession of the Expansion Premises, Tenant shall be deemed to have accepted the Expansion
Premises in good condition and state of repair with all of tenant improvement work required to be
performed by Landlord pursuant to this Paragraph 6 complete. Tenant expressly acknowledges and
agrees that neither Landlord nor any of Landlord’s agents, representatives or employees has made
any representations as to the suitability, fitness or condition of the Expansion Premises for the
conduct of Tenant’s business or for any other purpose, including without limitation, any storage
incidental thereto, or for any other purpose. Any exception to the foregoing provisions must be
made by express written agreement signed by both parties. Tenant acknowledges that no
representations or warranties of any kind, express or implied, respecting the condition of the
Expansion Premises, Building, or Park or have been made by Landlord or any agent of Landlord to
Tenant, except as expressly set forth herein.

     7. Security Deposit: Concurrent with its execution of this Amendment, Tenant shall
deliver to Landlord the sum of Seven Thousand Eight Hundred and 00/100 Dollars ($7,800.00) (the “EP
Security Deposit”). The EP Security Deposit shall be added to the Security Deposit presently being
held by Landlord under the Lease in the amount of Twenty Thousand and 00/100 Dollars ($20,000.00)
(the “Original Security Deposit”). The aggregate amount of the EP Security Deposit and the Original
Security Deposit is Twenty-Seven Thousand Eight Hundred and 00/100 Dollars ($27,800.00). From and
after the EP Commencement Date, the term “Security Deposit” shall mean and refer to the aggregate
of the EP Security Deposit and the Original Security Deposit in the amount of Twenty-Seven Thousand
Eight Hundred and 00/100 Dollars ($27,800.00). The EP Security Deposit shall be subject to, and
the use and application thereof governed by, Article 20 of the Lease.

     8. Tenant’s Share of Direct Expenses: As of the EP Commencement Date, the Lease shall
be modified to provide that Tenant’s Share of Direct Expenses (as defined in the Summary and
Section 4.2 of the Lease) shall be increased to 25.58% of the Building and 2.87% of the Park.

     9. Unreserved Parking Spaces: As of the EP Commencement Date, the Lease shall be
modified to provide that Tenant’s total parking spaces available in the Park shall be increased to
forty-four (44) and Tenant’s Reserved Parking Area shall be increased to nineteen (19) spaces (with
the other twenty-five (25) spaces being unreserved).

2

 

     10. Insurance: Tenant shall deliver to Landlord, upon execution of this Amendment, a
certificate of insurance evidencing that the Expansion Premises are included within and covered by
Tenant’s insurance policies required to be carried by Tenant pursuant to the Lease.

     11. WI-FI Network: Effective as of the date hereof, the following provision shall be
incorporated into the Lease as Section 8.4 and made a part thereof.

“8.4 Wi-Fi Network. Without limiting the generality of the foregoing,
in the event Tenant desires
to install wireless intranet, Internet and communications network (“Wi-Fi
Network”) in the Premises for the use by Tenant and its employees, then the
same shall be subject to the provisions of Section 8.4 (in addition to the
other provisions of Article 8). In the event Landlord consents to Tenant’s
installation of such Wi-Fi Network, Tenant shall, in accordance with Article 15
of the Lease, remove the Wi-Fi Network from the Premises prior to the
termination of the Lease. Tenant shall use the Wi-Fi Network so as not to
cause any interference to other tenants in the Building or to other tenants at
the Park or with any other tenant’s communication equipment, and not to damage
the Building or Park or interfere with the normal operation of the Building or
Park and Tenant hereby agrees to indemnify, defend and hold Landlord harmless
from and against any and all claims, costs, damages, expenses and liabilities
(including attorneys’ fees) arising out of Tenant’s failure to comply with the
provisions of Section 8.4, except to the extent same is caused by the gross
negligence or willful misconduct of Landlord and which is not covered by the
insurance carried by Tenant under this Lease (or which would not be covered by
the insurance required to be carried by Tenant under this Lease). Should any
interference occur, Tenant shall take all necessary steps as soon as reasonably
possible and no later than three (3) calendar days following such occurrence to
correct such interference. If such interference continues after such three (3)
day period, Tenant shall immediately cease operating such Wi-Fi Network until
such interference is corrected or remedied to Landlord’s satisfaction. Tenant
acknowledges that Landlord has granted and/or may grant telecommunication
rights to other tenants and occupants of the Building and to telecommunication
service providers and in no event shall Landlord be liable to Tenant for any
interference of the same with such Wi-Fi Network. Landlord shall use
commercially reasonable efforts to cause other tenants and occupants of the
Building to be subject to the same or similar restrictions as imposed upon
Tenant pursuant to this Section 8.4. Landlord makes no representation that the
Wi-Fi Network will be able to receive or transmit communication signals without
interference or disturbance. Tenant shall (i) be solely responsible for any
damage caused as a result of the Wi-Fi Network, (ii) promptly pay any tax,
license or permit fees charged pursuant to any laws or regulations in
connection with the installation, maintenance or use of the Wi-Fi Network and
comply with all precautions and safeguards recommended by all governmental
authorities, and (iii) pay for all necessary repairs, replacements to or
maintenance of the Wi-Fi Network.”

     12. OFAC Compliance: Effective as of the date of the Amendment, the following
provision shall be incorporated into the Lease as Section 24.31 and made a part thereof.

“24.31 Tenant Identity. Tenant represents and warrants that (a) Tenant
and each person or entity owning an interest in Tenant is (i) not currently
identified on the Specially Designated Nationals and Blocked Persons List
maintained by the Office of Foreign Assets Control, Department of the Treasury
(“OFAC”) and/or on any other similar list maintained by OFAC pursuant to any
authorizing statute, executive order or regulation (collectively, the “List”),
and (ii) not a person or entity with whom a citizen of the United States is
prohibited to engage in transactions by any trade embargo, economic sanction,
or other prohibition of United States law, regulation, or Executive Order of
the President of the United States, (b) none of the funds or other assets of
Tenant constitute property of, or are beneficially owned, directly or
indirectly, by any Embargoed Person (as hereinafter defined), (c) no Embargoed
Person has any interest of any nature whatsoever in Tenant (whether directly or
indirectly), (d) none of the funds of Tenant have been derived from any
unlawful activity with the result that the investment in Tenant is prohibited
by law or that the Lease is in violation of law, and (e) Tenant has implemented
procedures, and will consistently apply those procedures, to ensure the
foregoing representations and warranties remain true and correct at all times.
The term “Embargoed Person” means any person, entity or government subject to
trade restrictions under U.S. law, including but not limited to, the
International Emergency Economic Powers Act, 50 U.S.C. §1701 et seq.,
The Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., and any
Executive Orders or regulations promulgated thereunder with the result that the
investment in Tenant is prohibited by law or Tenant is in violation of law.”

     13. Brokers: Tenant warrants that it has had no dealings with any real estate broker
or agent in connection with the negotiation of this Amendment, except for Cornish and Carey, who is
or might be entitled to a real estate brokerage commission in connection with this proposed
transaction. If Tenant has dealt with any person, real estate broker or agent with respect to this
Amendment, Tenant shall be solely responsible for the payment of any fee due to said person or
firm, and Tenant shall indemnify, defend and hold Landlord free and harmless against any claims,
judgments, damages, costs, expenses, and liabilities with respect thereto, including attorneys’
fees and costs.

3

 

     14. Effect of Amendment: Except as modified herein, the terms and conditions of the
Lease shall remain unmodified and continue in full force and effect. In the event of any conflict
between the terms and conditions of the Lease and this Amendment, the terms and conditions of this
Amendment shall prevail.

     15. Definitions: Unless otherwise defined in this Amendment, all terms not defined in
this Amendment shall have the meanings assigned to such terms in the Lease.

     16. Authority: Subject to the assignment and subletting provisions of the Lease, this
Amendment shall be binding upon and inure to the benefit of the parties hereto, their respective
heirs, legal representatives, successors and assigns. Each party hereto and the persons signing
below warrant that the person signing below on such party’s behalf is authorized to do so and to
bind such party to the terms of this Amendment.

     17. Incorporation: The terms and provisions of the Lease are hereby incorporated in
this Amendment.

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

Landlord:

SUNNYVALE BUSINESS PARK I, LLC,

a Delaware limited liability company

	 	 	 	 	 	 	 	 	 	 
	By:	 	PRINCIPAL REAL ESTATE INVESTORS, LLC,	 	 	 	 	 
	 	 	a Delaware limited liability company,	 	 	 	 	 
	 	 	its authorized signatory	 	 	 	 	 
	 
	 

	 	By:

Name:

Its:
	 	/s/ John H. Root
 

John H. Root
 

Investment Director Asset Management
 

	 	Dated:
	August 27, 2007
 

	 	   
	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	/s/ Robert T. Klinkner

Robert T. Klinkner 

Investment Director Asset Management	 	 	 	 	 

SUNNYVALE BUSINESS PARK SUB, LLC,

a Delaware limited liability company

	 	 	 	 	 	 	 	 	 	 
	By:	 	PRINCIPAL REAL ESTATE INVESTORS, LLC,	 	 	 	 	 
	 	 	a Delaware limited liability company,	 	 	 	 	 
	 	 	its authorized signatory	 	 	 	 	 
	 
	 

	 	By:

Name:

Its:
	 	/s/ John H. Root
 

 John H. Root
 

Investment Director Asset Management
 

	 	Dated:
	August 27, 2007
 

	 	   
	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	/s/ Robert T. Klinkner 

Robert T. Klinkner 

Investment Director Asset Management	 	 	 	 	 

Tenant:

LEADIS TECHNOLOGY INC.,

a Delaware corporation

	 	 	 	 	 	 	 	 
	By: 

Name:

	 	/s/ John K. Allen
 

John K. Allen
	 	Dated:
	8/1/07
 

	 	 
	Its:

	 	Vice President, Chief Financial Officer	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	By: 

Name:

	 	/s/ Michael D. Morehead
 

Michael D. Morehead

	 	Dated:
	8/1/07
 

	 	 
	Its:

	 	General Counsel and Assistant Secretary	 	 	 	 	 

If Tenant is a CORPORATION, the authorized officers must sign on behalf of the corporation and
indicate the capacity in which they are signing. This Amendment must be executed by the chairman
of the board, president or vice-president, and the secretary, assistant secretary, chief financial
officer or any assistant treasurer, unless the bylaws or a resolution of the board of directors
shall otherwise provide, in which event, the bylaws or a certified copy of the resolution, as the
case may be, must be attached to this Amendment.

4

 

Exhibit “A”

Expansion Premises

5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00132-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00132-of-00352.parquet"}]]