Document:

LTE SOC Joint Development Agreement

 Exhibit 10.35 
 LGE and GCT Semiconductor, Inc. Confidential 
 NOTE: Portions of this Exhibit are the
subject of a Confidential Treatment Request by the Registrant to the Securities and Exchange Commission (the “Commission”). Such portions have been redacted and are marked with a “[***]” in the place of the redacted language. The
redacted information has been filed separately with the Commission. 
 LTE SOC JOINT DEVELOPMENT AGREEMENT 

THIS LTE SOC JOINT DEVELOPMENT AGREEMENT (this “Agreement”) is entered into this 24th day of February, 2009 (the
“Effective Date”) by and between LG Electronics Inc. (“LGE”), a Republic of Korea corporation with principal offices located at LG Twin Towers, 20 Yeouido-dong, Yeongdeungpo-gu, Seoul, 150-721, Republic of Korea and
GCT Semiconductor, Inc. (“GCT”), a Delaware corporation with principal offices located at 2121 Ringwood Avenue, San Jose, CA 95131 (LGE and GCT individually a “Party”, and collectively the
“Parties”.) 
 BACKGROUND 
 LGE designs and develops certain FDD LTE [***]. GCT designs and develops certain LTE system-on-chip solutions that combine GCT’s LTE solutions including GCT’s LTE [***] and LGE’s FDD LTE
[***]. This Agreement sets forth the terms and conditions pursuant to which (i) GCT develops LTE SoC products by integrating LGE’s FDD LTE [***] with GCT’s LTE solutions including GCT’s LTE [***] and (ii) GCT and LGE
collaborate on the verification of the Products and the development of the related reference platforms (“Reference Platforms”). Based on the foregoing premises, and in consideration of the promises and covenants set forth below, and other
good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: 

AGREEMENT 
  

	1.	DEFINITIONS 

 Capitalized terms
not otherwise defined in this Agreement have the meaning set forth below: 
 1.1 “LGE Device” means a certain
device that LGE sells as a LGE product in its normal course of business that completely implements or includes the applicable the Product. 
 1.2 “Confidential Information” means any information, data, or know-how identified in writing as confidential by its owner or, if orally or visually disclosed, identified as confidential
at the time of disclosure as confidential and confirmed in writing as confidential within thirty (30) days thereafter. 

1.3 “Intellectual Property Rights” means all patent rights, copyrights, mask work rights, trade secret rights, sui
generis database rights, moral rights and all other intellectual and industrial property rights of any kind anywhere in the universe (whether or not registered or perfected), together with all applications for or to register any of the foregoing
and any rights to renew, extend or otherwise improve any of the foregoing. 
 1.4 “LGE [***]” means a certain
[***] that supports FDD mode and is developed by LGE in accordance to Section 3.1 and specifically identified and limited under Section 3.2. 
 1.5 “GCT’s LTE [***]” means a certain LTE [***] transceiver developed by GCT that supports 3GPP LTE. 

  
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 1.6 “Product” means: each of (i) FDD LTE SoC, tentatively labeled
GDM7240, developed by GCT using LGE [***] and GCT’s LTE [***] (the “Single-mode Product”) that meet the specifications set forth in Exhibit A (the “Product Specification”), and (ii) FDD/TDD LTE SoC,
tentatively labeled [***], developed by GCT using LGE’s [***] and GCT’s LTE [***], and GCT’s LTE [***] (the “Dual-mode Product”) that meet the Product Specification. 

1.7 “[***]” means Layer 1, 2, and 3 compliant to 3GPP R8 LTE FDD mode. 

1.8 “Sample Product” means a non-commercial version of the Product that is provided by GCT to LGE free of charge under
this Agreement solely for the purpose of testing and validating the Sample Product as incorporated into LGE Devices. 
 1.9
“Term” has the meaning set forth in Section 6 (Term and Termination). 
 1.10
“Territory” means anywhere in the world. 
  

	2.	GCT’S OBLIGATIONS 

 2.1
Product Development. Notwithstanding anything to contrary herein, GCT shall develop the Products by combining LGE [***] with GCT’s LTE solutions including GCT’s LTE [***] so that the Products conform in material respects to the
Product Specifications. 
 2.2 [***] Technical Support Services. During the Term of this Agreement, GCT shall provide
following technical support services to LGE no less than one thousand five hundred (1,500) engineer days dedicated to (i) evaluating LGE [***] as deemed necessary, (ii) providing reasonable feedback to allow LGE make necessary
modifications to LGE [***], (iii) delivering Sample Product to LGE, (iv) designating engineering point-of-contact to facilitate and ensure that the Product Inter-operability test (“IOT”) with a certain network vendor(s) as
mutually agreed to by and between GCT and LGE is timely completed, (v) supporting LGE customers’ adoption of the Product in the LGE Device, and (vi) supporting LGE build business arrangements with a certain operator(s) as mutually
agreed to by and between GCT and LGE. Aforementioned items (i) through (vi) are further described in the Statement of Work (“SOW”) attached hereto as Exhibit B. Notwithstanding anything to contrary herein, GCT represents and
warrants to LGE that it shall comply with the SOW. 
 2.3 Product Supply. Subject to a separate supply agreement by and
between the Parties regarding the Product, LGE’s purchase price for such Product from GCT shall in no event [***]. Furthermore, such purchase price and other terms, if any, including all allowances and discounts shall be [***]. 

 

	3.	LGE’s OBLIGATIONS 

 3.1
Development of LGE [***]. Notwithstanding anything to the contrary herein, LGE shall timely develop LGE [***] that meets the specifications set forth in Exhibit D (the “LTE [***] Specifications”) and, upon GCT’s
reasonable request, LGE shall fix, improve, or otherwise modify LGE [***] in accordance with the SOW. LGE’s roles and responsibilities in the development and adoption of the Product are further described in SOW. 

3.2 Deliverables. LGE shall deliver LGE [***] that meets the specifications set forth in Exhibit D (the “LTE
[***]”) to GCT in the forms described below: 
 (a) [***]. LGE shall deliver the final source code of
[***] that meets the LTE Specifications. 

  
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 (b) FDD LTE [***]. LGE shall deliver the [***]. 

(c) Update. In the event that LGE debugs, upgrades, enhances performance of, or otherwise modifies LGE [***], LGE
shall notify GCT such modification and make such modification available to GCT.  
 3.3 Development Support.
LGE’s roles and responsibilities to support GCT’s development of the Product hereunder shall be subjected to SOW, including LGE’s designation of an engineering point-of-contact to use commercially reasonable efforts to support
GCT’s IOT with a certain network vendor(s) as mutually agreed to by and between GCT and LGE is timely completed. Notwithstanding anything to the contrary herein, LGE’s support hereunder shall not exceed one thousand five hundred
(1,500) engineer days. Notwithstanding anything to the contrary herein, LGE shall have no obligation to support: (a) altered, damaged or substantially modified LGE [***] not caused or modified by LGE, (b) GCT’s negligence,
misuse, misapplication or unauthorized modification to the LGE [***], (c) malfunction caused by GCT’s software and/or hardware, (d) use of the LGE [***] not in accordance with this Agreement, (e) LGE [***] installed in a hardware
or operating environment not compatible with the LGE [***], (f) third party’s components, and/or (g) LGE [***] installed or use of the LGE [***] outside the scope for which it was intended. 

 

	4.	LICENSE GRANTS 

 4.1 LGE
[***] License. Subject to the terms and conditions of this Agreement and during the Term of this Agreement, LGE grants GCT, a personal, non-transferable, non-exclusive, non-sublicensable license to import, copy, modify or otherwise use
[***] and reproduce other forms of LGE [***] only in the number of copies as deemed necessary and solely for the purpose of developing, manufacturing, and selling the Products and Reference Platforms in the Territory. In the event GCT modifies the
[***] pursuant to this Section 4.1, GCT shall notify LGE of such modification, including detailed description of such modification. 
 (a) Restrictions. GCT shall not use the LGE [***] except as expressly authorized by this Agreement. Without limiting the generality of the foregoing, GCT shall not: (a) sell, resell,
distribute, or make the LGE [***] available in its original form, or in a standalone form to any third party; (b) disclose, reverse engineer, decompile, disassemble, assign, sublicense or otherwise transfer or dispose of the LGE [***]; or
(c) assign, share, rent, lease, grant a security interest in, or otherwise transfer the LGE [***] or GCT’s right to use the LGE [***]. There are no implied rights under this Agreement. 

4.2 GCT’s LTE [***] License. Subject to the terms and conditions of this Agreement and during the Term of this
Agreement, GCT grants LGE, a personal, non-transferable, non-exclusive, non-sublicensable license to import, copy, modify or otherwise use GCT’s proprietary device driver software for GCT’s LTE [***] and incorporate GCT’s LTE [***] in
the Reference Platforms solely for the purpose of developing, manufacturing, and selling the Reference Platforms in the Territory. 
 (a) Restrictions. LGE shall not use the GCT’s LTE [***] except as expressly authorized by this Agreement. Without limiting the generality of the foregoing, LGE shall not: (a) sell,
resell, distribute, or make the GCT’s LTE [***] available in its original form, or in a standalone form to any third party; (b) disclose, reverse engineer, decompile, disassemble, assign, sublicense or otherwise transfer or dispose of
GCT’s LTE [***]; or (c) assign, share, rent, lease, grant a security interest in, or otherwise transfer GCT’s LTE [***] or LGE’s right to use GCT’s LTE [***]. There are no implied rights under this Agreement. 

(b) In the event that GCT debugs, upgrades, enhances performance of, or otherwise modifies GCT’s LTE [***], GCT shall
notify LGE such modification and make such modification available to LGE. 

  
 
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	5.	PAYMENTS 

 5.1 GCT
Payment. In consideration for the license of LGE’s [***] and the fulfillment of LGE’s obligations defined herein, GCT shall remunerate LGE as set forth in Exhibit E. 

5.2 LGE Payment. In consideration for GCT’s fulfillment of its obligations defined herein, LGE shall remunerate GCT as set
forth in Exhibit F. 
 5.3 Payment Terms. All payments shall be made in full within [***] of the date of the
applicable invoice. All payments shall be made in U.S. Dollars to an account designated on the invoice. 
 5.4 Late
Payment. Any unpaid invoice shall accrue interest at the rate of [***] per month. 
 5.5 Taxes. The invoiced Party
will pay all sales, use and other taxes imposed by any applicable laws and regulations as a result of the payments under this Agreement, other than taxes based upon invoicing Party’s income. If any withholding or similar tax must be paid under
the laws of the country, in which the invoiced Party operates, based on the payments to the invoicing Party in this Agreement, then the invoiced Party will withhold the amount of such taxes levied on such payments by the applicable governments, will
promptly effect the payment of the taxes so withheld to the appropriate tax authorities, and send to the invoicing Party the official certificate of such payment and will give the invoicing Party such assistance as may be reasonably necessary to
enable or assist the invoicing Party to claim exemptions and credits for such withholdings. 
  

	6.	TERM AND TERMINATION 

 6.1
Term. Unless terminated as set forth herein in Section 6.2, this Agreement shall commence on the Effective Date and continue until both Parties mutually agree in writing to terminate. (the “Term”). 

6.2 Termination. Either Party may terminate this Agreement upon written notice to the other Party if the other Party is in
material breach of any provision of this Agreement and: (a) such breach has not been cured within thirty (30) days after receiving written notice thereof from the terminating Party; or (b) if such breach cannot reasonably be cured
within such thirty (30) day period, the breaching Party has not commenced to remedy such breach within such period and diligently endeavored to cure such breach within a reasonable time thereafter. Either Party may terminate this Agreement
immediately upon written notice in the event that either Party is the subject of a petition filed in a Bankruptcy Court of the United States under Chapter 7 of the United States Bankruptcy Code, whether voluntary or involuntary; if a receiver or
trustee is appointed for all or a substantial portion of the assets of either Party; or if either Party makes an assignment for the benefit of its creditors. 
 6.3 Effect of Termination. Upon termination of this Agreement for any reason, each Party shall [***]. GCT agrees and acknowledges that, on the day of the termination or expiration of this
Agreement, [***]. Notwithstanding the expiration or termination of this Agreement for any reason: Section 1 (Definitions); Section 5 (Payment), this Section 6.3 (Effect of Termination); Section 7
(Confidentiality); Section 8 (Intellectual Property); Section 9 (Warranties and Disclaimer); Section 10 (Limitation of Liability); Section 11 (Indemnification); and Section 12
(Miscellaneous) shall survive in accordance with their terms. 

  
 
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	7.	CONFIDENTIALITY 

 7.1 Duty to
Hold in Confidence. During the Term of this Agreement and for a period of seven (7) years after the termination or expiration of this Agreement, each Party (the “Receiving Party”) agrees that it will preserve in strict
confidence and secure against unauthorized use or disclosure any Confidential Information obtained from or with respect to the other Party (the “Disclosing Party”). In preserving the Disclosing Party’s Confidential Information,
Receiving Party will use the same standard of care it would use to secure and safeguard its own confidential information of similar importance, but in no event less than reasonable care. Any permitted reproduction of the Disclosing Party’s
Confidential Information shall contain all confidential or proprietary legends that appear on the original. Receiving Party shall immediately notify the Disclosing Party in writing in the event of any loss or unauthorized disclosure or use of
Confidential Information. Receiving Party shall use the Disclosing Party’s Confidential Information disclosed hereunder solely for the purpose of fulfilling such Party’s obligations and exercising such Party’s rights under this
Agreement. 
 7.2 Exclusions. The foregoing obligations shall not apply to information which: (a) was publicly known
and available in the public domain prior to the time of disclosure to the Receiving Party by the Disclosing Party; (b) becomes publicly known and available in the public domain after disclosure to the Receiving Party by the Disclosing Party
through no action or inaction of the Receiving Party; (c) is lawfully in the possession of the Receiving Party at the time of disclosure by the Disclosing Party; (d) is independently developed by the Receiving Party without use of or
reference to the Disclosing Party’s Confidential Information; (e) is received by the Receiving Party from a third party under no obligation by the Receiving Party of confidentiality to the Disclosing Party; or (f) has been approved
for disclosure by the Disclosing Party in writing. 
 7.3 Permitted Disclosures. Receiving Party shall permit access to
the Disclosing Party’s Confidential Information solely to its employees, agents and contractors who: (a) have a need to know such information for purposes of performing the Receiving Party’s obligations or exercising the Receiving
Party’s rights hereunder; and (b) have signed confidentiality agreements containing terms at least as restrictive as those contained herein. Except as permitted in the exercise of the licenses and rights granted under this Agreement,
Receiving Party shall not disclose or transfer any Confidential Information to any third party, without the specific prior written approval of the Disclosing Party, except to the extent required by law or governmental or court order to be disclosed
by Receiving Party, provided that Receiving Party gives the Disclosing Party prompt written notice of such requirement prior to such disclosure and cooperates with the Disclosing Party in the latter’s attempt, if any, to prevent such disclosure
or in obtaining a protective or similar order with respect to the Confidential Information to be disclosed. 
 7.4 Return of
Information. The Disclosing Party retains ownership of all Confidential Information disclosed or made available to Receiving Party. Upon any termination, cancellation or expiration of this Agreement, or upon the Disclosing Party’s request
for any reason (other than in breach of this Agreement), Receiving Party shall return promptly to the Disclosing Party the originals and all copies (without retention of any copy) of any written documents, tools, materials or other tangible items
containing or embodying Confidential Information; provided, however, that Receiving Party shall be entitled to retain such originals and copies of Confidential Information of the Disclosing Party are necessary to Receiving Party’s use and
exploitation, as permitted by this Agreement, of any rights or licenses retained by Receiving Party following such termination, cancellation, expiration or request. 
 7.5 Remedies. Receiving Party agrees that its obligations provided in this Section 7 (Confidentiality) are necessary and reasonable in order to protect the Disclosing Party and its
business, and expressly agrees that monetary damages would be inadequate to compensate the Disclosing Party for any breach by the Receiving Party of its covenants and agreements set forth in 

  
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this Agreement. Accordingly, each Party agrees and acknowledges that any such breach or threatened breach may allow the Receiving Party or third parties to unfairly compete with the Disclosing
Party resulting in irreparable injury to the Disclosing Party and that, in addition to any other remedy that may be available, in law, in equity or otherwise, the Disclosing Party shall be entitled to seek and obtain (without being required to post
a bond or other security) injunctive relief against the threatened breach of this Agreement or the continuation of any such breach by the Receiving Party, without the necessity of proving actual damages. 

 

	8.	INTELLECTUAL PROPERTY 

 8.1
GCT Technology. Subject to the licenses granted herein and LGE’s ownership of the LGE Technology and LGE Improvements, GCT and its licensors shall retain all right title and interest in and to: (a) all inventions, methods,
processes, technology and works of authorship that they have developed, conceived, reduced to practice or have otherwise acquired prior to or independently of this Agreement including, without limitation,, Products, Sample Products, and any and all
[***] (the “GCT Technology”); (b) all modifications, improvements, enhancements, and derivative works thereof made by GCT during the course of this Agreement (the “GCT Improvements”); and (c) all
Intellectual Property Rights in and to any of the foregoing. 
 8.2 LGE Technology. Subject to GCT’s ownership of
the GCT Technology and GCT Improvements and the licenses granted herein, LGE and its licensors shall retain all right title and interest in and to: (a) all inventions, methods, processes, technology and works of authorship that they have
developed, conceived, reduced to practice or have otherwise acquired prior to or independently of this Agreement including LGE [***] (the “LGE Technology”); (b) all modifications, improvements, enhancements, and derivative
works thereof made by LGE during the course of this Agreement (the “LGE Improvements”); and (c) all Intellectual Property Rights in and to any of the foregoing. 

8.3 New Technology. Any inventions, technology and works of authorship developed, conceived, reduced to practice during the course
of this Agreement (and all Intellectual Property Rights therein and thereto) that do not constitute GCT Improvements or LGE Improvements shall: (a) if developed solely by a Party (or such Party’s agents), shall be owned exclusively by such
Party; and (b) if developed jointly by the Parties, shall be jointly owned by the Parties without any right or obligation of accounting with respect thereto. 
 8.4 Assignment. To the extent the foregoing allocation of ownership does not automatically vest in the respective Parties, each Party hereby irrevocably transfers, conveys and assigns to the other
Party such of its right title and interest in the other Party’s inventions, methods processes, technology and works of authorship as necessary to achieve the foregoing allocation. The Party making such assignment (the “Assigning
Party”) shall execute such documents and render such assistance and take such other actions as the other Party may reasonably request (at the requesting Party’s expense), to apply for, register, perfect, maintain and protect the other
Party’s rights in and to the assigned Technology. If the Assigning Party fails to comply with the foregoing for any reason, the Assigning Party hereby appoints the other Party as its attorney-in-fact with respect to such assignment (it be
acknowledged that such appointment is irrevocable and a power coupled with an interest), to act for and in the assigning Party’s behalf and stead to execute and file such applications and to do all other lawfully permitted acts (with the same
legal force and effect as if executed by the Assigning Party) to further the application for, registration, perfection, maintenance and protection the other Party’s rights in and to the assigned Technology. 

 

	9.	WARRANTIES 

 9.1 Mutual
Warranties. Each Party represents and warrants to the other that: (a) it has the 

  
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corporate power and authority and the legal right to enter into this Agreement and to perform its obligations hereunder; and (b) the execution and delivery of this Agreement and the
performance of its obligations hereunder do not conflict with or constitute a default under any of its contractual obligations. 

9.2 LGE Warranties. 
 (a) LGE warrants that LGE [***] delivered by LGE to GCT pursuant to Sections 3.1 and 3.2 will materially comply with the final specification therefore as mutually agreed in writing by the
parties. If: (i) LGE is notified promptly in writing upon discovery of any nonconformance with the warranty set forth in the previous sentence, including a detailed description of such alleged nonconformance, and (ii) LGE’s
inspections and tests determine that the LGE [***] is indeed nonconforming, then LGE will produce a replacement only for such non-conforming LGE [***] at no expense to GCT. 

(b) THE FOREGOING TERMS CONTAINED IN THIS SECTION 9.2 STATE LGE’S ENTIRE LIABILITY, WHETHER IN CONTRACT, TORT
OR UNDER ANY OTHER LEGAL OR EQUITABLE THEORY OR CAUSE OF ACTION, FOR DEFECTS IN LGE [***]. ANY AND ALL CONFIDENTIAL INFORMATION, LGE [***], AND ANY OTHER MATERIALS PROVIDED BY LGE TO GCT UNDER THIS AGREEMENT ARE PROVIDED AND/OR LICENSED “AS
IS” BASIS WITHOUT ANY REPRESENTATIONS, WARRANTIES OR CONDITIONS OF ANY KIND, AND THE ENTIRE RISK ASSOCIATED WITH THE USE OF SUCH MATERIAL RESIDES WITH GCT. THE EXPRESS TERMS OF THIS AGREEMENT ARE IN LIEU OF ALL WARRANTIES, CONDITIONS, TERMS,
UNDERTAKINGS AND OBLIGATIONS IMPLIED BY STATUTE, COMMON LAW, CUSTOM, TRADE USAGE, COURSE OF DEALING OR OTHERWISE, AND LGE PROVIDES AND GCT RECEIVES NO WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, BY STATUTE, COMMUNICATION, OR OTHERWISE INCLUDING BUT
NOT LIMITED (i) TO ANY AND ALL EXPRESSED OR IMPLIED WARRANTIES OF QUALITY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE NONINFRINGEMENT, AND (ii) ANY AND ALL EXPRESS OR IMPLIED WARRANTIES THAT SUCH LGE [***] IS ERROR FREE OR WILL
OPERATE WITHOUT INTERRUPTION, AND DISCLAIMS ANY AND ALL WARRANTIES REGARDING ITS USE OR THE RESULTS THEREFROM INCLUDING, WITHOUT LIMITATION, ITS CORRECTNESS, ACCURACY OR RELIABILITY, ALL OF WHICH ARE HEREBY EXPRESSLY EXCLUDED TO THE FULLEST EXTENT
PERMITTED BY LAW. 
 9.3 GCT Warranties. 

(a) GCT warrants that the Product and GCT’s LTE [***] in the Reference Platforms delivered by GCT to LGE will
materially comply with the final specification therefore as mutually agreed in writing by the parties. If: (i) GCT is notified promptly in writing upon discovery of any nonconformance with the warranty set forth in the previous sentence,
including a detailed description of such alleged nonconformance, and (ii) GCT’s inspections and tests determine that the Product and/or GCT’s LTE [***] in the Reference Platforms is indeed nonconforming, then GCT will produce a
replacement. Any such replacement shall be performed by GCT at no expense to LGE. 
 (b) THE FOREGOING TERMS
CONTAINED IN THIS SECTION 9.3 STATE GCT’S ENTIRE LIABILITY, WHETHER IN CONTRACT, TORT OR UNDER ANY OTHER LEGAL OR EQUITABLE THEORY OR CAUSE OF ACTION, FOR DEFECTS IN PRODUCT AND/OR GCT’S LTE [***] IN THE REFERENCE PLATFORMS. ANY AND
ALL CONFIDENTIAL INFORMATION, GCT’S LTE [***], AND ANY OTHER MATERIALS PROVIDED BY GCT TO LGE UNDER THIS AGREEMENT ARE PROVIDED AND/OR LICENSED “AS IS” BASIS WITHOUT ANY REPRESENTATIONS, WARRANTIES OR CONDITIONS OF ANY KIND, AND THE
ENTIRE RISK ASSOCIATED WITH THE USE OF SUCH MATERIAL RESIDES WITH LGE. THE EXPRESS TERMS OF THIS AGREEMENT ARE 

  
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IN LIEU OF ALL WARRANTIES, CONDITIONS, TERMS, UNDERTAKINGS AND OBLIGATIONS IMPLIED BY STATUTE, COMMON LAW, CUSTOM, TRADE USAGE, COURSE OF DEALING OR OTHERWISE, AND GCT PROVIDES AND LGE RECEIVES
NO WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, BY STATUTE, COMMUNICATION, OR OTHERWISE INCLUDING BUT NOT LIMITED (i) TO ANY AND ALL EXPRESSED OR IMPLIED WARRANTIES OF QUALITY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE NONINFRINGEMENT,
AND (ii) ANY AND ALL EXPRESS OR IMPLIED WARRANTIES THAT SUCH GCT LTE [***] IS ERROR FREE OR WILL OPERATE WITHOUT INTERRUPTION, AND DISCLAIMS ANY AND ALL WARRANTIES REGARDING ITS USE OR THE RESULTS THEREFROM INCLUDING, WITHOUT LIMITATION, ITS
CORRECTNESS, ACCURACY OR RELIABILITY, ALL OF WHICH ARE HEREBY EXPRESSLY EXCLUDED TO THE FULLEST EXTENT PERMITTED BY LAW. 
 9.4
WARRANTY DISCLAIMER: EXCEPT TO THE EXTENT EXPRESSLY SET FORTH HEREIN, NEITHER PARTY MAKES ANY OTHER WARRANTY WITH RESPECT THIS AGREEMENT. ANY IMPLIED WARRANTIES, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A
PARTICULAR PURPOSE, AND NON INFRINGEMENT ARE HEREBY DISCLAIMED. 
  

	10.	LIMITATION OF LIABILITY 

 10.1
LIABILITY LIMITS. SUBJECT TO SECTION 10.2 (APPLICATION OF LIMITS), UNDER NO CIRCUMSTANCES WILL EITHER PARTY BE LIABLE FOR ANY MATTER ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT, UNDER ANY CONTRACT, STRICT LIABILITY, TORT
(INCLUDING NEGLIGENCE) OR OTHER THEORY, FOR: (A) ANY INCIDENTAL, PUNITIVE, INDIRECT, SPECIAL, EXEMPLARY, EXTRAORDINARY, RELIANCE, OR CONSEQUENTIAL DAMAGES OR LOST PROFITS; AND (B) ANY OTHER DAMAGES THAT IN THE AGGREGATE EXCEED [***].

 10.2 APPLICATION OF LIMITS. THE FOREGOING LIMITATION OF LIABILITY SHALL APPLY TO THE MAXIMUM EXTENT ALLOWED BY
APPLICABLE LAW REGARDLESS OF WHETHER EITHER PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES AND NOTWITHSTANDING THE FAILURE OF ANY REMEDY OF ITS ESSENTIAL PURPOSE; PROVIDED, HOWEVER, THAT THE FOREGOING LIMITATIONS OF LIABILITY SHALL NOT
APPLY WITH RESPECT TO A BREACH BY EITHER PARTY OF ITS OBLIGATIONS UNDER SECTION 7 (CONFIDENTIALITY) AND/OR SECTION 4 (LICENSE GRANTS). 
  

	11.	INDEMNIFICATION 

 11.1 Mutual
Indemnity. Each Party shall, at its expense, indemnify and hold the other Party harmless from any costs, expenses (including attorney’s fees), losses, damages, and liabilities which the other Party may hereafter incur, become responsible
for, or pay out as a result of death or personal injury (including bodily injury) to any person, destruction or damage to any property to the extent caused by negligent or willful acts, errors, or omissions by the indemnifying Party, its employees,
officers, agents, representatives, or subcontractors in the performance of this Agreement. 
 11.2 Indemnification
Procedure. The Party seeking indemnification pursuant to this Section 11 (Indemnification) (the “Indemnitee”) shall: (a) promptly notify the other Party (the “Indemnitor”) in writing of the
Claim for which indemnification is sought; (b) make all reasonable efforts to provide Indemnitor with all information and material in Indemnitee’s possession regarding the Claim; (c) furnish to Indemnitor such assistance as Indemnitor
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control over the defense and settlement of the Claim; provided, however, that (i) Indemnitee may participate in such defense at its option and expense, and (ii) Indemnitor shall not
dispose of or settle any such claim in any manner which may adversely affect Indemnitee’s rights or interests without Indemnitee’s prior written consent, which consent shall not be unreasonably withheld or delayed. Indemnitor shall not be
liable hereunder for any settlement entered into without its prior written consent (which consent shall not be unreasonably withheld or delayed). 
  

	12.	MISCELLANEOUS 

 12.1 Force
Majeure. Neither Party shall be liable for delays in performance of or failure to perform any of its obligations hereunder occasioned by any cause beyond its reasonable control, including but not limited to war, civil disturbance, labor
difficulties, fire, flood, earthquake, defaults or delays of common carriers, suppliers, or programmers, or governmental laws, acts, or occurrences; provided, however, that the foregoing shall not excuse a Party from its obligation to pay money
properly due and owing at the time an event of force majeure commences. 
 12.2 Governing Law and Venue. This Agreement
shall be governed by and construed in accordance with the laws of the State of California applicable to contracts entered into and wholly to be performed within California, without regard to conflicts of laws provisions thereof. The sole
jurisdiction for all disputes arising under or relating to this Agreement shall be the Superior Court of the State of California for the County of Santa Clara and United States District Courts for the Northern District of California in Santa Clara
County. Each Party hereby consents to the personal jurisdiction of such courts and waives any objection it has or may have to the personal jurisdiction of; and venue in, such courts. In any action to enforce this Agreement, the prevailing Party will
be entitled to recover its costs and reasonable attorneys’ fees. 
 12.3 Amendment and Waiver. Except as otherwise
expressly provided herein, any provision of this Agreement may be amended or modified and the observance of any provision of this Agreement may be waived (either generally or any particular instance and either retroactively or prospectively) only in
the form of a writing signed by both Parties. The failure of either Party to enforce its rights under this Agreement at any time for any period shall not be construed as a waiver or other impairment of such rights or any other provision herein.

 12.4 Severability. If any provision of this Agreement is held to be illegal or unenforceable, such provision shall be
limited or eliminated to the minimum extent necessary so that the remainder of this Agreement will continue in full force and effect and be enforceable. 
 12.5 Notices. All notices, consents and reports required or permitted by this Agreement shall be in writing and delivered personally, by confirmed facsimile, by overnight courier or by registered
mail, return receipt requested. All postage and other delivery charges shall be prepaid by the Party sending the notice. Notice shall be effective only upon receipt by the Party being served. All notices shall be addressed as follows unless changed
by notice given pursuant to this Section 12.5 (Notices): 
  

			
	Notices to GCT:	 	Notices to LGE:
		
	GCT Semiconductor, Inc	 	LG Electronics Inc.
	2121 Ringwood Ave	 	533, Hogye 1 Dong, Dongan-gu,
	San Jose, CA 95131	 	Anyang-shi, Kyungi-do 431-080,
		 	Republic of Korea
	 Attn:    Kyeong Ho Lee
	 	 [***]    [***]

	              Tel: (408) 434-8036
	 	              [***]

	              Fax: (408) 434-6050
	 	              [***]

	              Email: lkh@gctsemi.com
	 	              [***]

  
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CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

 LGE and GCT Semiconductor, Inc. Confidential 

 

	Attn:	    Alex Sum 

	 	    Tel: (408) 434-8022 

	 	    Fax: (408) 434-6050 

	 	    Email: AlexSum@gctsemi.com 

 With Copies to: 
 Morgan, Lewis & Bockius LLP 

2 Palo Alto Square 
 3000 El Camino Real, Suite
700 
 Palo Alto, CA 94306 
  

	Attn:	    E. John Park 

	 	    Tel: (650) 843-7595 

	 	    Fax: (650) 843-4001 

	 	    Email: 

12.6 Assignment. This Agreement shall be binding upon the Parties and their respective successors. Neither Party may assign or
delegate any of its rights or obligations under this Agreement without the prior written consent of the other Party, which shall not be unreasonably withheld or delayed; provided that, subject to the following limitation, either Party may assign all
of its rights and obligations under this Agreement to a party that agrees in writing to be bound in connection with a merger, acquisition, or sale of all or substantially all of its assets. Any assignment or delegation in violation of this
Section 12.6 (Assignment) shall be null and void. Subject to the foregoing restrictions, this Agreement will inure to the benefit of the successors and permitted assigns of the Parties. 

12.7 Relationship of Parties. The Parties are [***] to each other with respect to each and every aspect of this Agreement. Nothing
herein shall be deemed to establish a [***]. 
 12.8 Publicity: Press Releases. All publicity and press releases
concerning Products, Sample Products, LGE Devices and arrangements shall be [***]. 
 12.9 Entire Agreement. This
Agreement and the Exhibits hereto, which are incorporated herein by reference, are the complete agreement of the Parties relating to the subject matter hereof, provided however, that in the event of any conflict between the terms in of this
Agreement and the terms in any of its Exhibits or any other documents that may be entered into between the Parties from time to time, the terms of this Agreement shall control and prevail. This Agreement supersedes and governs any other prior or
collateral agreements with respect to the subject matter hereof. Any amendment to this Agreement or any modification of any term of this Agreement must be in writing and be executed by an authorized officer of each Party. All Parties participated in
the drafting of this Agreement, and the interpretation of this Agreement shall not be affected by the drafting process or roles. 
 12.10 Headings. The section headings appearing in this Agreement are inserted only as a matter of convenience and in no way define, limit, construe or describe the scope or extent of such section
or in any way affect the Agreement. 
 12.11 Counterparts. This Agreement may be executed in two or more counterparts,
each of which will be considered an original, and all of which together will constitute one and the same instrument. 
 12.12
Export Controls. Both Parties shall adhere to all applicable laws, regulations and rules relating to the export of technical data and products to any proscribed country listed in such applicable laws, regulations and rules unless properly
authorized. The obligations under this Section 

  
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 LGE and GCT Semiconductor, Inc. Confidential 

 

 
12.12 shall survive any termination or expiration of this Agreement. 
 IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed and effective, by their representatives thereunto duly authorized, as of the Effective Date first set forth above. 

 

									
	GCT SEMICONDUCTOR, INC.	 		 	LG ELECTRONICS INC.
					
	By:	 	/s/ Kyeongho Lee	 		 	By:	 	/s/ Jinsung Choi
	Name:	 	Kyeongho Lee	 		 	Name:	 	Jinsung Choi
	Title:	 	President & CEO	 		 	Title:	 	Vice President

  
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 EXHIBIT A: PRODUCT SPECIFICATION 
 EXHIBIT B: STATEMENT OF WORK 
 EXHIBIT C: REFERENCE PRICE QUOTATION OF THE PRODUCT 

EXHIBIT D: LTE [***] SPECIFICATIONS 
 EXHIBIT E:
GCT PAYMENT TERMS AND ROYALTY PAYMENT SCHEDULE 
 EXHIBIT F: LGE PAYMENT TERMS 

  
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 EXHIBIT A: PRODUCT SPECIFICATION 
 Product Description: FDD LTE SoC, tentatively labeled GDM7240, developed by GCT using LGE [***] and GCT’s LTE [***] that meet the specifications below (the “Single-mode Product”),
and FDD/TDD LTE SoC, tentatively labeled [***], developed by GCT using LGE’s [***] and GCT’s LTE [***], and GCT’s LTE [***] that meet the specification below (the “Dual-mode Product”). 

 

	1.	GDM7240 and [***] Summary 

  

									
	[***]	  		  		  	GDM7240	  	[***]
	[***]	  		  		  		  	[***]
	[***]	  		  		  	[***]	  	[***]
	[***]	  		  		  	[***]	  	[***]
	[***]	  		  		  	[***]	  	[***]
	[***]	  		  		  	[***]	  	[***]
	[***]	  		  		  	[***]	  	[***]
	[***]	  		  		  	[***]	  	[***]
	[***]	  		  		  	[***]
 [***]

[***]
	  	[***]
 [***]

[***]

					
	[***]	  		  		  	[***]	  	[***]
	[***]	  	    [***]	  		  		  	[***]
	  	    [***]	  		  		  	[***]
	  	    [***]
 [***]
	  		  	[***]	  	[***]

  
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 LGE and GCT Semiconductor, Inc. Confidential 

 

	2.	LTE [***] 

 [***] 

  
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 LGE and GCT Semiconductor, Inc. Confidential 

 

	3.	GDM7240 [***] 

  

			
		  	GDM7240
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	 [***]

[***]

	[***]	  	[***]
	[***]	  	[***]
	[***]	  	 [***]

[***]

	[***]	  	 [***]

[***]

	 [***]
 [***]
	  	 [***]
 [***]

[***]

  
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CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

 LGE and GCT Semiconductor, Inc. Confidential 

 

	4.	[***] 

 [***] 

  
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CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

 EXHIBIT B: STATEMENT OF WORK 
 SCOPE 
 This SOW describes the Product development schedule and key roles and responsibilities of
both Parties in the development of the Product by GCT and the adoption of the Product by LGE. 
 A. GDM7240 Schedule and
Milestones 
  

	1.	[***] 

	2.	[***] 

	3.	[***] 

	4.	[***] 

	5.	[***] 

	6.	[***] 

  
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 LGE and GCT Semiconductor, Inc. Confidential 

 

 B. GDM7240 Role and Responsibilities 

[***] 
 C. [***] Role and Responsibilities 
  

	 	•	 	 GCT shall solely develop the [***] using licensed LGE [***] 

 

	 	•	 	 LGE shall [***] 

  
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 EXHIBIT C: Reference Price Quotation of the Product 

LGE’s purchase price of the Products shall be the following: 
  

	 	1.	for GDM7240 

      [***] 
       [***]. 
  

	 	2.	for [***] 

      [***] 
       [***]. 
 [***]. 

[***]. 
 [***]. 

Notwithstanding the foregoing, LGE’s purchase price for GDM7240 shall be capped as the following: 

 

			
	GDM7240
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]

  
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CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

 EXHIBIT D: LTE [***] SPECIFICATIONS 
 [***]. 
 [***] 

  
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 EXHIBIT E: GCT PAYMENT TERMS AND ROYALTY PAYMENT SCHEDULE 

Royalty Payment: In consideration for the license of LGE [***], GCT shall pay to LGE [***]. The rate for the Royalty Payment is described
in the table below. 
  

					
	[***]	 	[***]
	 	GDM7240	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]

 The Royalty Payment shall [***]. On or before the date [***], GCT shall submit to LGE [***]. Using the information on
such report, LGE shall issue an invoice to GCT. 
 During the Term and for a period of [***] thereafter, GCT shall keep and maintain complete
and accurate books and records of the number of units of Products manufactured and distributed by GCT during the Term. LGE has the right during the Term of this Agreement and for [***] thereafter to have an independent auditor, appointed by LGE,
accompanied by LGE’s personnel, to review or audit GCT’s any and all records for the purpose of certifying compliance with this Agreement. The review and audit shall be conducted during normal business hours and shall not exceed twice each
year. If any audit reveals an underpayment, then GCT shall pay LGE the amount of the underpayment, together with interest as provided for in Section 5.3 below, [***] after the date of the auditor’s report. Further, if any audit reveals an
underpayment of [***] of the royalties owed for the royalty period subject to the audit, then GCT shall promptly reimburse LGE, upon request, for all costs and expenses reasonably incurred by LGE to conduct the audit. 

  
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 LGE and GCT Semiconductor, Inc. Confidential 

 

 EXHIBIT F: LGE PAYMENT TERMS 
 Immediately upon the execution of this Agreement, LGE shall purchase GCT’s [***], by issuing a purchase order (“PO”) to GCT or to the Distributor. Within [***] days of the receipt of the
PO, GCT shall deliver, either directly or through the Distributor, [***] to LGE. [***], representing the full amount due for the [***] will be due payable upon the delivery of [***]. GCT reserves the right to designate a third party distributor (the
“Distributor”) and the Distributor deliver the [***] to LGE and collect the corresponding payment from LGE. 

  
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CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSIONTechnology License Agreement

 Exhibit 10.36 
 NOTE: Portions of this Exhibit are the subject of a Confidential Treatment Request by the Registrant to the Securities and Exchange Commission (the “Commission”). Such portions have been
redacted and are marked with a “[***]” in the place of the redacted language. The redacted information has been filed separately with the Commission. 
 This Technology License Agreement (“TLA”) is made the 27 day of June 2006 (“Effective Date”) 
 BETWEEN 
 ARM LIMITED whose registered office is situated at 110
Fulbourn Road, Cambridge CBI 9NJ, England (“ARM”); 
 and 

GCT SEMICONDUCTOR, INC. whose principal place of business is situated at 2121 Ringwood Avenue, San Jose, California 9513 I, USA
(“GCT”) 
 WHEREAS 
 LICENSE has requested ARM and ARM has agreed to license to LICENSEE certain ARM Technology (defined below) on the following terms and conditions. 

 

	1.	Definitions 

  

	1.1	 “ARM Compliant Product” means an integrated circuit incorporating an ARM Compliant Core as defined in the relevant Annex I.

  

	1.2	 “ARM Technology” means any or all, as the context admits, of the technology identified in Section I of each Annex I and any Updates
thereto delivered by ARM to LICENSEE. 

  

	1.3	 “ASP” means the average sales price of an ARM Compliant Product or other device which contains royalty hearing ARM Technology, as
the case may he, in a Quarter, calculated by taking the figure for the aggregate of all invoices for the distribution of such ARM Compliant Product or other device which contains royalty bearing ARM Technology in Such Quarter by the entity
exercising the licenses to manufacture or have Manufactured under this TLA (notwithstanding that such distribution may be between GCT and a Subsidiary of GCT or between Subsidiaries of GCT), less; (i) any value added, turnover, import or other
tax, duty or tariff payable by law thereon; and (ii) any freight and insurance costs included in the invoiced price, and dividing it by the number of units of such ARM Compliant Product or other device which contains royalty bearing ARM
Technology, as appropriate, accounted for under such invoices. 

  

	1.4	 “Claim” means a written notice received by ARM and claiming infringement of the Intellectual Property of a third party by any of
the ARM Technology and which demands that ARM cease and desist from such claimed Intellectual Property infringement. 

  

	1.5	 “Confidential Information” means; (i) the ARM Technology and derivatives thereof (including any translation, modification,
compilation, abridgement or other form in which 

	 	 
the ARM ‘technology has been recast, transformed or adapted, but excluding silicon) and any trade secrets relating to the ARM Technology; (ii) any information designated in writing by
either party, by appropriate legend, as confidential; (iii) any information which if’ first disclosed orally is identified as confidential at the time of disclosure and is thereafter reduced to writing for confirmation and sent to the
other party within thirty (30) days after its oral disclosure and designated, by appropriate legend, as confidential; and (iv) the terms and conditions of this TLA. 

 

	1.6	 “Customer” means ally entity that has contracted LICENSEE to design and manufacture integrated circuits for such entity.

  

	1.7	 “Designer” means any entity sub-contracted by LICENSEE to provide design resource to LICENSEE. 

 

	1.8	 “Intellectual Property” means any patents, patent rights, trademarks, service marks, registered designs, topography or
semiconductor mask Work rights, applications for any of the foregoing, copyright, unregistered design right and any other similar protected rights in any country to the extent recognized by any relevant jurisdiction as intellectual property, trade
secrets, know-how and Confidential Information. 

  

	1.9	 “LICENSEE” means GCT and any Subsidiaries of GCT. 

 

	1.10	 “Manufacturer” means any entity sub-contracted by LICENSEE to manufacture integrated circuits for LICENSEE.

  

	1.11	 “Packaging House” means any entity sub-contracted by LICENSEE to package integrated circuits for LICENSEE.

  

	1.12	 “Quarter” means each calendar quarter ending the 31st March, 30th June, 30th September and 31st December of
each year. 

  

	1.13	 “Subsidiary” means any company the majority of whose voting shares is now or hereafter owned or controlled, directly or indirectly,
by a party hereto or any company a majority of whose voting shares is now or hereafter owned or controlled, directly or indirectly, by any of the aforementioned entities. A company shall be a Subsidiary only for the period during which such control
exists. 

  

	1.14	 “Term” means the term for which the subject ARM Technology is licensed to LICENSEE by ARM as specifically set out in Section 7
of the relevant Annex 1. 

  

	1.15	 “Test House” means any entity sub-contacted by LICENSEE to test integrated circuits for LICENSEE. 

 

	1.16	 “Trademarks” means the trademarks identified in Section 6 of each Annex 1. 

 

	1.17	 “Trademark Guidelines” means the guidelines for the use of ARM’s Trademarks as set out in Annex 2 and any amendment thereto
delivered to LICENSEE by ARM from time to time in accordance with the provisions of Clause 2.10. 

  
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	1.18	 “Updates” means any; (i) error corrections developed by or for ARM; and (ii) functional enhancements or other
modifications developed by or for ARM (which ARM in its discretion decides does not constitute a new product), together with any Intellectual Property embodied therein. 

 

	2.	License 

  

	 	ARM/GCT Semiconductor 

  

	2.1	 The ARM Technology shall be licensed to LICENSE subject to the relevant license terms identified in Section 2 of the relevant Annex I.

  

	 	Subcontracting Design 

  

	2.2	 Subject to the provisions of Clause 3 (Confidentiality), LICENSEE may exercise the right, if granted in Section 2 of the relevant Annex I, to
have ARM Compliant Products or other devices which contain ARM Technology licensed iii accordance with the terms of this TLA, as the case may be, designed by any Designer, provided that; (a) LICENSEE does not grant to the Designer any license
in respect of the ARM Technology for any other purpose; and (h) that each Designer; 

  

	 	(i)	 is subject to contractual obligations of confidentiality in respect of the ARM Confidential Information and ARM “Technology which are in
accordance with the provisions of Clause 3.3; 

  

	 	(ii)	 is subject to a contractual obligation to use the ARM Confidential Information and ARM Technology solely for the purpose of supplying the designs of
the ARM Compliant Products or other devices which contain ARM Technology licensed in accordance with the terns of this TLA, as the case may be, solely to LICENSEE; and 

 

	 	(iii)	 is subject to a contractual obligation to return any ARM Confidential Information and ARM Technology to LICENSEE on the earlier of; (a) the
completion of the design; and (b) the end of the contractual confidentiality period (in the agreement between LICENSEE and Designer) for the relevant ARM Confidential Information or ARM “Technology. 

If any Designer breaches the provisions of Clauses 2.2(1) to 2.2(iii), LICENSEE agrees that such breach shall be treated
as a material breach of’ this TLA by LICENSEE which shall entitle ARM to terminate this TLA in accordance with the provisions of Clause 14.2 and LICENSEE shall hold ARM harmless from and keep ARM indemnified against all and any loss, liability,
costs, damages, expenses (including the fees of lawyers and other professionals), suffered, incurred or sustained as a result of or in relation to such breach by the Designer. 

 

	 	Customer Collaboration 

  

	2.3	 Subject to the provisions of Clause 3 (Confidentiality), LICENSEE may exercise the right, if granted in Section 2 of the relevant Annex 1, to
have ARM Compliant Products or other devices which contain ARM Technology licensed in accordance with the terms of this TLA, as the case may be, designed by any Customer provided that; (a) LICENSEE

  
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does not grant to the Customer any license in respect of the ARM Technology for any purpose other than for collaborating on the design of ARM Compliant Products or other devices which contain ARM
Technology licensed in accordance with the terms of this TLA, as the case may be, with LICENSEE and; (b) that each Customer; 

  

	 	(i)	 is subject to contractual obligations of confidentiality in respect of the ARM Confidential Information and ARM Technology which arc in accordance
with the provisions of Clause 3.4; 

  

	 	(ii)	 is subject to a contractual obligation to use the ARM Confidential Information and ARM Technology solely for the purpose of supplying the designs of
the ARM Compliant Products or other devices which contain ARM Technology licensed in accordance with the terms of this TLA, as the case may be, solely to LICENSEE; and 

 

	 	(iii)	 is subject to a contractual obligation to return any ARM Confidential Information and ARM Technology to LICENSEE on the earlier of, (a) the
completion of the design; and (b) the end of the contractual confidentiality period (in the agreement between LICENSEE and Customer) for the relevant ARM Confidential Information or ARM Technology. 

Wally Customer breaches the provisions of Clauses 2.3(1) to 2.3(iii), LICENSEE agrees that such breach shall he treated as
a material breach of this TLA by LICENSEE which shall entitle ARM to terminate this TLA in accordance with the provisions of Clause 14.2 and LICENSEE shall hold ARM harmless from and keep ARM indemnified against all and any loss, liability, costs,
damages, expenses (including the fees of lawyers and other professionals), suffered, incurred or sustained as a result of or in relation to such breach by the Customer. 
  

	 	Subcontracting Manufacture 

  

	2.4	 Subject to the provisions of Clause 3 (Confidentiality), LICENSEE may exercise the right, if granted in Section 2 of the relevant Annex 1, to
have ARM Compliant Products or other devices which contain ARM Technology licensed in accordance with the terms of this TLA, as the case may be, manufactured by a Manufacturer provided that; (a) LICENSEE does not grant to the Manufacturer any
license in respect of the ARM Technology for any purpose other than for manufacturing ARM Compliant Products or other devices which contain ARM Technology licensed in accordance with the terms of this TLA, as the case may be, solely for LICENSEE;
and (b) that each Manufacturer; 

  

	 	(i)	 is subject to contractual obligations of confidentiality in respect of the ARM Confidential Information and ARM Technology which are in accordance
with the provisions of Clause 3.2; 

  

	 	(ii)	 is subject to a contractual obligation to use the ARM Confidential Information and ARM Technology solely for the purpose of supplying units of the
ARM Compliant Products or other devices which contain ARM ‘technology licensed in 

  
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accordance with the terms of this TLA, as the case may be, solely to LICENSEE; and 

  

	 	(iii)	 is subject to a contractual obligation to return any ARM Confidential Information and ARM Technology to LICENSEE on the earlier of; (a) the
completion of the manufacture; and (b) the end of the contractual confidentiality period (in the agreement between LICENSEE and Manufacturer) for the relevant ARM Confidential Information or ARM Technology. 

If any Manufacturer breaches the provisions of Clauses 2.4(i) to 2.4(iii), LICENSEE agrees that such breach shall be
treated as a material breach of this TLA by LICENSEE which shall entitle ARM to terminate this TLA in accordance with the provisions of Clause 14.2 and LICENSEE shall hold ARM harmless from and keep ARM indemnified against all and any loss,
liability, costs, damages, expenses (including the fees of lawyers and other professionals), suffered, incurred or sustained as a result of or in relation to such breach by the Manufacturer. 

 

	 	Subcontracting Testing 

  

	2.5	 Subject to the provisions of Clause 3 (Confidentiality), LICENSEE may exercise the right, if granted in Section 2 of the relevant Annex 1, to
have tested ARM Compliant Products or other devices which contain ARM Technology licensed in accordance with the terms of this TLA, as the case may be, by a Test House provided that; (a) LICENSEE does not grant to the Test House any license in
respect of the ARM Technology for any purpose other than for testing ARM Compliant Products or other devices which contain ARM Technology licensed in accordance with the terms of this TLA, as the case may be, solely for LICENSEE; and (b) that
each Test I House; 

  

	 	(i)	 is subject to contractual obligations of confidentiality in respect of the ARM Confidential Information and ARM Technology which are in accordance
with the provisions of Clause 3.5; 

  

	 	(ii)	 is subject to a contractual obligation to use the ARM Confidential Information and ARM Technology solely for the purpose of supplying units of the
tested ARM Compliant Products or other devices which contain ARM Technology licensed in accordance with the terms of this TLA, as the case may be, solely to LICENSEE; and 

 

	 	(iii)	 is subject to a contractual obligation to return any ARM Confidential Information and ARM Technology to LICENSEE on the earlier of, (a) the
completion of the testing; and (b) the end of the contractual confidentiality period (in the agreement between LICENSEE and Test House) for the relevant ARM Confidential Information or ARM Technology. 

If any Test House breaches the provisions of Clauses 2.5(i) to 2.5(iii), LICENSEE agrees that such breach shall be treated
as a material breach of this TLA by LICENSEE which shall entitle ARM to terminate this TLA in accordance with the provisions of Clause 14.2 and LICENSEE shall hold ARM harmless from and keep ARM indemnified against all

  
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and any loss, liability, costs, damages, expenses (including the fees of lawyers and other professionals), suffered, incurred or sustained as a result of or in relation to such breach by the Test
House. 
  

	2.6	 LICENSEE may exercise the right, if granted in Section 2 of the relevant Annex I, to have ARM Compliant Products or other devices which contain
ARM Technology licensed in accordance with the terms of this TEA, as the case may be tested and packaged by a Packaging House provided that (a) LICENSEE does not grant to the Packaging House any license in respect of the ARM Technology
for any purpose other than for packaging and testing ARM Compliant Products solely for LICENSEE; and (b) that each Packaging House is subject to a contractual obligation to return any ARM Confidential Information and ARM Technology to LICENSEE
on the completion of the packaging 

 If any Packaging House breaches the provisions referred
to in this Clause 2.6, LICENSEE agrees to take all reasonable actions to cure such breach. If LICENSEE is unable to cure such breach within thirty (30) days, then LICENSEE shall terminate the right of such Packaging House to package and test
ARM Compliant Products or other devices which contain ARM Technology licensed in accordance with the terms of this TLA as the case may be for LICENSEE and shall ensure that the Packaging House returns to LICENSEE any ARM Compliant Products in the
Packaging House’s possession. 
  

	 	Intercompany Matters 

  

	2.7	 [***]. Any termination of this TLA in accordance with the provisions of Clause 14.2 shall be effective in respect of GCT and all Subsidiaries of
GCT. 

 Any rights granted to any Subsidiary of GCT hereunder shall automatically terminate
upon such Subsidiary of GCT ceasing to be a Subsidiary of GCT. 
 GCT shall be fully responsible for all and any
loss, liability, costs, damages, expenses (including the reasonable fees of lawyers and other professionals) suffered or incurred by ARM as a result of or in connection with any breach by a Subsidiary of GCT of any of the terms of this TLA, to the
same extent as if such breach had been committed by GCT. 
  

	 	License Restrictions 

  

	2.8	 Except as specifically licensed in accordance with Clause 2.1, LICENSEE ACQUIRES NO RIGHT, TITLE OR INTEREST IN ANY Arm Confidential Information,
ARM Technology or any Intellectual property embodied therein. In no event shall the licenses granted in accordance with Clause 2.1 be construed as granting LICENSEE, expressly or by implication, estoppel or otherwise, a license to use any ARM
technology except the ARM Technology. 

 Except as expressly licensed in accordance with Clause
2.1, no right is granted to LICENSEE to sublicense the rights granted to LICENSEE under this TLA. 
 LICENSEE
shall not use or procure others to use any ARM Confidential Information provided to LICENSEE under this TLA; (i) for the purposes of determining if any 

  
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 *** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

 
features, functions or processes provided by the ARM Technology or disclosed by the ARM Confidential Information are covered by any patents or patent applications owned by LICENSEE; or
(ii) for developing technology or products which avoid any of ARM’s Intellectual Property licensed hereunder, or (iii) as a reference for modifying existing patents or patent applications or creating any continuation, continuation in
part, or extension of existing patents or patent applications. 
  

	 	Intercompany Matters 

  

	2.9	 LICENSEE shall reproduce and not remove or obscure any notice incorporated in the ARM Technology by ARM to protect ARM’s Intellectual Property
or to acknowledge the Intellectual Property of any third party. LICENSEE shall incorporate and shall require that any Designer, Customer, Manufacturer and Test House to which any ARM Technology is provided in accordance with the terms of this TLA,
incorporates corresponding notices and such other markings and notifications as ARM may reasonably require on all copies of the ARM Technology and any derivatives thereof (including any translation, modification, compilation, abridgement or other
form in which the ARM Technology has been recast, transformed or adapted) created by LICENSEE, Designer, Customer, Manufacturer, Test House or Packaging House, as the case may be. 

 

	 	ARM Trademarks 

  

	2.10	 ARM hereby grants to LICENSEE a non-transferable (subject to Clause 16.3), non-exclusive, royalty-free, worldwide license to use the Trademarks in
connection with the promotion and sale of products developed under the licenses granted in this TLA. 

 LICENSEE shall use the Trademarks, in accordance with the Trademark Guidelines. ARM shall have the right to revise the Trademark Guidelines and Section 6 of any Annex 1. Any such revisions shall be
effective with respect to printed materials and products to he produced or Manufactured after ninety (90) days from receipt of ARM’s written notice specifying the revisions to LICENSEE. 

Upon request from ARM, LICENSEE shall submit a reasonable number of samples of documentation, packaging, and promotional
or advertising materials bearing the Trademarks to ARM so that ARM may verify compliance with the Trademark Guidelines. In the event that any documentation, packaging, promotional or advertising material fails to comply with the Trademark
Guidelines, ARM shall notify LICENSEE and LICENSEE shall rectify such documentation, packaging, and promotional or advertising materials so as to comply with the Trademark Guidelines and cease using any such non-compliant materials as soon as
reasonably possible after the date of ARM’s notice. 
 LICENSEE agrees to provide reasonable assistance to
ARM in maintaining the validity of the Trademarks. Upon ARM’s request, LICENSEE shall provide, free of charge, a reasonable number of samples of the use of the Trademarks for the purpose of trademark registration or renewal. Upon request,
LICENSEE shall at ARM’s expense execute any documents required by the applicable laws of any jurisdiction for the purpose of either or both registering and maintaining the Trademarks. 

  
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 Except as provided by the terms of this TLA, LICENSEE shall not use or
register, in any jurisdiction, any trademark, service mark, device or logo or any word or shark confusingly similar to any of the Trademarks. 
  

	3.	Confidentiality 

Restricted Disclosure 
  

	3.1	 3.1 Except as expressly provided by Clauses 3.2, 3.3, 3.4, 3.5, 3.6 and 3.7, each party shall maintain in confidence the Confidential Information
disclosed by the other party and apply security measures no less stringent than the measures that such party applies to its own like information, but not less than a reasonable degree of care, to prevent unauthorized disclosure and use of the
Confidential Information. The period of confidentiality shall be indefinite with respect to each party’s Confidential Information. 

 Permitted Disclosure to Manufacturers 
  

	3.2	 LICENSEE may disclose; (i) the ARM Technology marked “M” in any Annex I and any translation, modification, compilation, abridgement
or other form in which the ARM Technology marked “M” has been recast, transformed or adapted; (ii) any GDSII created by or for LICENSEE from the synthesizable RTL licensed under any Annex I; and (iii) any masks created from the
GDSII by or for LICENSEE, to a Manufacturer pursuant to the exercise of any have manufactured rights (if granted in Section 2 of the relevant Annex I) solely for the purposes of having ARM Compliant Products or other devices which
contain royalty bearing ARM Technology licensed in accordance with the terms of this TLA, as the case may be, manufactured for LICENSEE by such third party and under a nondisclosure agreement containing substantially similar terms to this Clause 3,
except that the confidentiality period for each deliverable shall be, at a minimum, of five (5) years from the date of disclosure. 

 Permitted Disclosure to Designers 
  

	3.3	 LICENSEE may disclose the ARM “technology marked “D” in any Annex I and any translation, modification, compilation, abridgement or
other form in which the ARM Technology marked “D” has been recast, transformed or adapted to a Designer pursuant to the exercise of the have designed rights (if granted in Section 2 of the relevant Annex I) solely for the
purposes of having ARM Compliant Products or other devices which contain royalty bearing ARM Technology licensed in accordance with the terms of this TLA, as the case may be, designed for LICENSEE by such third party and under a non-disclosure
agreement containing substantially similar terms to this Clause 3, including the confidentiality period for each deliverable determined in accordance with the provisions of Clause 3.1. 

Permitted Disclosure to Customers 
  

	3.4	 LICENSEE may disclose the ARM Technology marked “CS” in any Annex I and any translation, modification, compilation, abridgement or other
form in which the ARM Technology marked “CS” has been recast, transformed or adapted to a Customer solely for the purposes of collaborating on the design of ARM Compliant Products or other devices which contain royalty bearing ARM
Technology licensed in accordance with the terms of this TLA, as the case may be, for such third party and under a non-disclosure 

  
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agreement containing substantially similar terms to this Clause 3, including the confidentiality period for each deliverable determined in accordance with the provisions of Clause 3.1.

 Permitted Disclosure to Test Houses 

 

	3.5	 LICENSEE may disclose; (i) the ARM Technology marked “T” in any Annex I and any translation, modification, compilation, abridgement
or other form in which the ARM Technology marked “T” has been recast, transformed or adapted; and (ii) any ATPG test vectors created by or for LICENSEE from the Synthesizable RTL (defined in the relevant Annex 1), to a Test
House pursuant to the exercise of the have tested rights (if granted in Section 2 of the relevant Annex I) solely for the purposes of having ARM Compliant Products or other devices which contain royalty bearing ARM Technology licensed in
accordance with the terms of this TLA, as the case may be, tested for LICENSEE by such third party and under a non-disclosure agreement containing substantially similar terms to this Clause 3, except that the confidentiality period for each
deliverable shall be, at a minimum, five (5) years from the date of disclosure. 

  

	3.6	 Other Permitted Disclosures 

 Either party may disclose Confidential Information received from the other party in the following circumstances; 
  

	 	(i)	 disclosure to third parties to the extent that the Confidential Information is required to be disclosed pursuant to a court order or as otherwise
required by law, provided that the party required to make the disclosure promptly notifies the other party upon learning of such requirement and has given the other party a reasonable opportunity to contest or limit the scope of such required
disclosure (including but not limited to making, an application for a protective order); 

  

	 	(ii)	 disclosure to nominated third parties under written authority from the original discloser of the Confidential Information; and

  

	 	(iii)	 disclosure to the receiving party’s legal counsel, accountants or professional advisors to the extent necessary for them to advise upon the
interpretation or enforcement of this TLA. 

 Permitted Disclosure of LICENSEE Confidential Information

  

	3.7	 LICENSEE royalty reports may be disclosed in confidence to ARM’s financial and legal advisors. In addition, ARM may disclose the total unit
sales, from time to time, of ARM Compliant Products and any other devices which contain royalty bearing ARM Technology, provided that the unit sales of such products by LICENSEE are not separately identifiable or deducible therefrom.

 ARM shall be permitted to disclose LICENSEE Confidential Information to Subsidiaries of ARM
subject to the same terms and conditions of confidentiality as are set out in this TLA. 

  
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 Restricted Use 

 

	3.8	 LICENSEE agrees that it shall not use any of ARM’s Confidential Information other than pursuant to and in accordance with the exercise of any
of the licenses granted under this TLA. 

 Excepted Information 

 

	3.9	 The provisions of this Clause 3 shall not apply to information which; 

 

	 	(i)	 is known to and has been reduced to tangible form by the receiving party prior to its receipt provided that such information is not already subject
to any obligations of confidentiality; or 

  

	 	(ii)	 is in the public domain at the time of receipt or later becomes part of the public domain without breach of the confidentiality obligations in this
TLA; or 

  

	 	(iii)	 is received from a third party without any breach of any obligation of confidentiality in respect of such information provided that such information
is not subject to any continuing obligations of confidentiality; or 

  

	 	(iv)	 is identified as (N) in Section I of the relevant Annex I of this TLA; or 

 

	 	(v)	 is independently developed by the receiving party without reference to the disclosing party’s Confidential Information, as evidenced by
contemporaneous written record. 

  

	4.	Verification 

  

	4.1	 Prior to the distribution of any integrated circuit incorporating ARM Technology manufactured by or for LICENSEE under the licenses granted in
Section 2 of any Annex 1, LICENSEE shall verify such ARM ‘technology to the extent required by and in accordance with the verification procedure set out in Section 3 of the relevant Annex 

 

	5.	Delivery 

  

	5.1	 ARM shall use reasonable efforts to deliver the ARM Technology in each Annex I to LICENSEE on or before the delivery dates set out in Section I of
the relevant Annex I. ARM shall deliver Updates for any ARM Technology to LICENSEE as soon as reasonably possible after such Update is made generally available by ARM. 

 

	6.	Fees and Royalties 

Fees 
  

	6.1	 GCT shall pay, to ARM, fees (“Fees”) as set out in and in accordance with Section 8 of the relevant Annex l.

 Royalties 
  

	6.2	 If provided for in Section 8 of a relevant Annex 1, GCT shall pay, to ARM, a royalty (“Royalty”) in accordance with the
provisions of such Annex I. 

  
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 Any distribution of ARM Compliant Products or other devices which contain royalty bearing
ARM Technology licensed in accordance with the terms of this TLA, as the case may be, by LICENSEE shall, in the absence of evidence to the contrary, be deemed to be distributed under the licenses granted to LICENSEE under this TLA and GCT shall pay
Royalties to ARM accordingly. The burden of proof for rebutting the above presumption shall be on LICENSEE. 
 Royalty
Report 
  

	6.3	 GCT shall submit a report within thirty (30) days after the end of each Quarter, containing at least the information required by the form set
out in Section 8 of each Annex I. 

 Pricing 

 

	6.4	 For any transactions, LICENSEE shall ensure and warrants that such transactions shall be conducted so that the ASP of any ARM Compliant Product or
other device which contains royalty bearing ARM Technology licensed in accordance with the terms of this TLA, as the case may be, is not manipulated for the purpose of reducing the Royalties payable to ARM under this TLA. LICENSEE and ARM agree that
the invoice price of any ARM Compliant Product or other device which contains royalty bearing ARM Technology licensed in accordance with the terms of this TLA, as the case may be, shall be determined solely by LICENSEE on the basis of relevant
commercial and business factors, but that no internal transactions between any of GCT and its Subsidiaries shall he conducted so as to reduce the actual invoice price below the invoice price which would have been payable by an independent customer
of LICENSEE. ARM acknowledges that the determination of the invoice price on such basis may have the incidental effect of reducing the Royalties payable to ARM under this TLA, but LICENSEE agrees that reducing the Royalties payable to ARM shall
never be a material factor or permitted aim in its determination of the invoice price of any ARM Compliant Product or other device which contains royalty bearing ARM Technology licensed in accordance with the terms of this TLA, as the case may be.

 Records 
  

	6.5	 For the period of [***] from the date that each royalty report is delivered to ARM by GCT, LICENSEE shall keep such records and books of account,
identifying and providing invoice details for ARM Compliant Products or any other royalty bearing ARM Technology distributed under the licenses granted in this TLA, as are necessary to derive the ASP for each ARM Compliant Product or any other
royalty bearing ARM Technology identified in such royalty report and to demonstrate compliance with LICENSEE’s obligations under this Clause 6. 

 Audit 
  

	6.6	 ARM shall have the right for representatives of a firm of independent chartered accountants reasonably acceptable to LICENSEE and not working on a
contingency basis (“Auditors”), to make an examination and audit, by prior appointment during normal business hours, of all records and accounts as may under recognized accounting practices contain information bearing upon;

  
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	 	(i)	 the number of units of ARM Compliant Products and any other devices which contain royalty bearing ARM Technology which have been distributed by
LICENSEE under this TLA; 

  

	 	(ii)	 the number of ARM microprocessor cores incorporated into any ARM Compliant Product which has been distributed by LICENSEE under this TLA;

  

	 	(iii)	 where Royalties on any ARM Compliant Product or any other devices which contain royalty bearing ARM ‘technology are determined by reference to
the ASP, the ASP and fair market value of such ARM Compliant Product or any other devices which contain royalty bearing ARM Technology which have been distributed by LICENSEE under this TLA; 

 

	 	(iv)	 the amount of Royalties payable to ARM under this TLA; and 

 

	 	(v)	 any fees payable to ARM under this TLA. 

 The Auditors shall be permitted to provide, to ARM, information relating to Clauses 6.6(i)-(v), including but not limited to, information relating to the systems operated by LICENSEE to capture and record
such information. Any information obtained pursuant to any audit performed in accordance with the provisions of this Clause 6.6 and provided by the Auditors to ARM shall be treated by ARM as LICENSEE Confidential Information. The Auditors’
conclusions shall (in the absence of clerical or manifest error) he final and binding on the parties. Such audit shall be [***] unless it reveals [***], in which event [***]. GCT shall make good ally underpayment of Royalties forthwith. If the audit
identifies that GCT has made an overpayment, such overpayment will be credited to the next payment or payments of Royalties or fees to be made by GCT. 
 Taxes 
  

	6.7	 All sums stated under this TLA do not include taxes. All applicable taxes shall be payable by LICENSEE in accordance with relevant legislation in
force at the relevant tax point. Any income or other tax which LICENSEE is required by law to pay or withhold on behalf of ARM with respect to any Royalties or other fees payable to ARM under this TLA may be deducted from the amount of such
Royalties or other fees otherwise due, provided, however, that in regard to any such deduction, GCT shall give to ARM such assistance as may be necessary to enable or assist ARM to claim exemption therefrom, or credit therefor, and shall upon
request furnish to ARM such certificates and other evidence of deduction and payment thereof as ARM may properly require. 

 Payment 
  

	6.8	 GCT shall pay all Royalties and Fees due to ARM under the terms of this TLA within thirty (30) days of receipt of ARM’s invoice therefor
(“Due Date”). ARM shall send any invoice for payment to the address set out in Section 8 of the relevant Annex 1 and GCT shall provide ARM with at least ten (10) working days notice of any change to such address.

  

	6.9	 If any suns under this TLA is not paid by the Due Date (defined in Clause 6.8), then (without prejudice to ARM’s other rights and remedies in
addition to the invoice amount) 

  
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ARM reserves the right to charge interest on such sum on a day to day basis (as well after as before any judgment) from the Due Date to the date of payment at the rate of [***] above the base
rate of National Westminster Bank PLC from time to time in force. 

 [***] 

 

	6.10	 All sums properly due to ARM under this TLA shall he paid in full and LICENSEE shall [***] in order to [***]. Obligations under each Annex I shall
be construed as divisible from obligations under any other Annex I for the purposes of interpreting this Clause 6.10. 

  

	7.	Support and Maintenance 

  

	7.1	 Subject to LICENSEE’s payment of the appropriate Fees (defined in Clause 6.1), ARM shall provide to LICENSEE, in respect of the relevant ARM
Technology the following support and maintenance for such ARM Technology (“Support and Maintenance”); 

  

	 	(i)	 the use of commercially reasonable efforts to correct any defects in the ARM Technology which cause such technology not to operate in accordance
with the functionality described in the relevant datasheet or manual for such technology. If ARM determines that such defects are due to errors in such description ARM shall promptly issue corrections to the datasheet or manual and shall not be
required to revise the ARM Technology, provided that LICENSEE’s use of the ARM Technology by LICENSER is not adversely affected thereby; 

  

	 	(ii)	 all Updates to such ARM Technology; and 

  

	 	(iii)	 subject to the provisions of Clause 7.3, reasonable telephone, e-mail and written consultation about the operation and application of such ARM
Technology. 

  

	7.2	 The services provided [older Clause 7.1(iii) shall expressly exclude any information relating to the design of products incorporating ARM
Technology. Consulting services may be provided by ARM under the terms of a separate written agreement. Support Supplied by ARM may not be used either; (1) as a substitute for training; or (ii) as additional engineering resource for your
projects. 

  

	7.3	 The services provided under Clause 7.1(iii) shall be provided from the relevant ARM support centre, and shall be limited in accordance with the
provisions of Section 4 of the relevant Annex 1. Notwithstanding the foregoing, in exceptional cases if ARM has been unable to resolve an issue relating to the ARM technology remotely from the support centre, ARM will use reasonable efforts to
provide support to LICENSEE, at LICENSEE’s premises, subject to LICENSEE meeting all reasonable traveling, accommodation and sustenance expenses thereby incurred, 

 

	7.4	 If ARM delivers a revision of any ARM Technology licensed under any Annex I, LICENSEE hereby agrees and acknowledges that ARM shall only be
obligated to test that each deliverable is compatible with the other deliverables comprising such revision are compatible and ARM shall have [***]. 

  
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	7.5	 ARM shall only have an obligation to provide Support and Maintenance for the most recently delivered version of the relevant ARM Technology and the
version which the most recently delivered version replaced. ARM shall he under no obligation to provide Support and Maintenance in respect of any modifications (where permitted) to the ARM Technology created by LICENSEE 

 

	7.6	 Upon LICENSEE requesting ARM’s assistance pursuant to the provisions of Clause 7.1(i) or (iii), LICENSEE shall promptly provide to ARM such
samples and technical information as ARM may reasonably require and in a form specified by ARM to enable ARM to provide such assistance. 

  

	7.7	 ARM’s obligation under this Clause 7 is limited expressly to the provision of Support and Maintenance to LICENSEE and ARM shall be under no
obligation to provide any support and maintenance to any Designer, Customer, Manufacturer, “Test House or other third parties. 

  

	7.8	 If LICENSEE elects not to renew Support and Maintenance for any ARM Technology and subsequently requests ARM to provide Support and Maintenance in
respect of such ARM Technology, in addition to the fees due for the new Support and Maintenance period, LICENSEE hereby agrees that ARM shall be entitled [***] such period calculated at ARM’s then current rates. 

 

	8.	Blank 

  

	8.1	 This section is intentionally blank. 

  

	9.	Training 

  

	9.1	 If provided for in Section 5 of a relevant Annex 1, ARM shall provide training in respect of the relevant ARM Technology in accordance with the
provisions of Section 5 of the relevant Annex 1. 

  

	10.	ARM “technology Functionality Warranties 

  

	10.1	 Except as expressly provided in this TLA, ARM provides no warranties express, implied or statutory, including, without limitation, the implied
warranties of satisfactory quality or fitness for a particular purpose with respect to the ARM Technology. 

  

	10.2	 ARM warrants to LICENSEE that the ARM Technology will comply in all material respects with the applicable documentation and will be consistent with
allowing a competent semiconductor manufacturer to manufacture products which substantially conform to the functionality described in the relevant technical reference manual. LICENSEE acknowledges that the process for converting the ARM Technology
delivered to LICENSEE in to silicon necessarily involves the introduction and use of technology not delivered by ARM and accordingly ARM’s liability and LICENSEE’s sole remedy for breach of the warranty provided under this Clause 10.2
shall be as follows; if LICENSEE can demonstrate to ARM that any defect in the silicon developed using any ARM Technology is exclusively caused by a defect in the ARM Technology as

  
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delivered to LICENSEE then ARM shall use commercially reasonable efforts to; (i) correct any errors in the ARM Technology and deliver corrected ARM Technology to LICENSEE; or
(ii) replace the materials, the choice between either (i) or (ii) to be at ARM’s discretion. THE FOREGOING STATES THE ENTIRE LIABILITY OF ARM WITH RESPECT TO BREACH OF THE WARRANTY PROVIDED IN THIS CLAUSE 10.2.

  

	10.3	 Without prejudice to the generality of Clause 10.2, ARM shall not be responsible for any recoverable or non-recoverable costs incurred, directly or
indirectly, by LICENSEE in the design migration, processing, or manufacture of masks and prototypes, characterization or manufacture of production quality silicon in whatever quantity. 

 

	11.	ARM Technology Intellectual Property Warranties 

  

	11.1	 ARM warrants, to ARM’s knowledge and belief, that 

 

	 	(i)	 the ARM Technology does not infringe any third party copyright, mask work right or trade secret; and 

 

	 	(ii)	 as at the relevant Annex Effective Date, there are no pending; (a) Claims, or (b) actions commenced against ARM for infringement by the
relevant ARM Technology of any third party Intellectual Property. 

  

	12.	Intellectual Property Indemnities 

  

	12.1	 Except as provided under Clause 12.2, in the event of a suit against LICENSEE based upon a claim that any of the ARM Technology delivered by ARM to
LICENSEE tinder this TLA or the Trademarks, when used in accordance with this TLA, infringes any third party Intellectual Property, ARM agrees, subject to the limitations of Clauses 13.1 and 13.2, to defend and indemnify LICENSEE, at ARM’s
expense, and to pay costs and damages finally awarded in any such suit or agreed in any settlement, provided that; (i) ARM is promptly notified by LICENSEE, in writing, of any threats, claims and proceedings related thereto; (ii) ARM has
sole control of the defense and any settlement thereof; (iii) LICENSEE does not make any admission of liability nor settle or otherwise compromise any such claim without ARM’s prior written consent; (iv) LICENSEE furnishes to ARM,
upon request and at ARM’s expense, any information available to LICENSEE relating to the defense of such claim; (v) LICENSEE provides reasonable assistance to ARM, at ARM’s expense, in the defense of such claim; and (vi) ARM, at
its option and expense, may; (a) obtain for LICENSEE the right to continue to use the ARM Technology; or (b) replace or modify the ARM Technology so that it becomes non-infringing, in which event LICENSEE shall cease use of the infringing
ARM Technology. The expenses related to the provision of information or assistance by LICENSEE to ARM under the provisions of Clause 12.1(iv) or 12.1(v) for which ARM shall be limited to the [***]. THE FOREGOING STATES THE ENTIRE LIABILITY OF ARM
WITH RESPECT TO INFRINGEMENT BY THE ARM TECHNOLOGY OF ANY THIRD PARTY INTELLECTUAL PROPERTY. 

  
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	12.2	 ARM shall have no liability under Clause 12.1 in respect of any infringement arising from; (1) the combination of the ARM Technology with other
products not supplied by ARM if such infringement would not have occurred but for such combination; (ii) the modification by LICENSEE of the ARM Technology if such infringement would not have occurred but for such modification; (iii) the
process of synthesizing any ARM “Technology including but not limited to the use by LICENSEE of LICENSEE’s or LICENSEE’s agent’s cell libraries if such infringement would not have occurred but for the application of such process;
or (iv) any manufacturing process applied to the ARM Technology by LICENSEE if such infringement would not have occurred but for the application of such process. 

 

	12.3	 If either a third party alleges, or ARM has any concerns, that any ARM Technology infringes or may infringe the Intellectual Property of a third
party, then without any admission of liability, ARM at its option and expense may develop an Update to the relevant ARM Technology which in ARM’s opinion avoids such alleged infringement and upon receipt of such Update from ARM, LICENSEE shall;
(i) in respect of any new designs or derivatives of any existing designs which have not been taped out, immediately cease use of the ARM Technology which the Update replaces; and (ii) in respect of any existing design which have been taped
out, within nine (9) months of receipt of the Update cease use of the ARM Technology which the Update replaces. 

  

	12.4	 If a suit against ARM is based in whole or in part upon a claim that any of the ARM Technology delivered by ARM to LICENSEE under this TLA, when
used in accordance with this TLA, infringes any third party Intellectual Property because of; (i) the combination of the ARM Technology with other products not supplied by ARM if such infringement would not have occurred but for such
combination; (ii) the modification by LICENSEE of the ARM Technology if such infringement would not have occurred but for such modification; (iii) the process of synthesizing any ARM Technology including but not limited to the use by
LICENSEE of LICENSEE’s or LICENSEE’s agent’s cell libraries if such infringement would not have occurred but for the application of such process; or (iv) any manufacturing process applied to the ARM Technology by LICENSEE if such
infringement would not have occurred but for the application of such process, then LICENSEE agrees to indemnify ARM for any legal costs (including attorney’s fees) reasonably incurred by ARM in defending such suit provided that;
(a) LICENSEE is notified promptly in writing of the Suit; (b) at LICENSEE’s request, LICENSEE is given control of and all requested reasonable assistance, at LICENSEE’s expense, to defend such suit; (c) ARM shall not make
any admission of liability nor settle or otherwise compromise any such claim without LICENSEE’s prior written consent; (d) ARM furnishes to LICENSEE, upon request; and at LICENSEE’S expense, any information available to ARM relating
to the defense of such claim. The expenses related to the provision of information or assistance by ARM to LICENSEE under the provisions of Clause 12.4(b) or 12.4(d) for which LICENSEE shall be liable shall be [***]. THE FOREGOING STATES THE ENTIRE
LIABILITY OF LICENSEE WITH RESPECT TO INFRINGEMENT OF ANY THIRD PARTY INTELLECTUAL PROPERTY. 

  
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	12.5	 ARM shall only be liable under Clause 12.1 for any damages awarded by a court for infringement by any ARM Technology of the Intellectual Property of
a third party, up to the date upon which such court issues its judgment. ARM shall have no continuing liability under Clause 12.1 for any loss suffered by LICENSEE in respect of the same infringement after the date of such judgment,

  

	13.	Limitation of Liability 

  

	13.1	 EXCEPT 1N RESPECT OF ANY BREACH OF THE PROVISIONS OF CLAUSE 3 (CONFIDENITIAI.ITY), IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR ANY INDIRECT,
SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES WHETHER SUCH DAMAGES ARE ALLEGED AS A RESULT OF TORTIOUS CONDUCT (INCLUDING NEGLIGENCE) OR BREACH OF CONTRACT OR OTHERWISE EVEN IF THE OTHER PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

  

	13.2	 NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS TLA, EXCEPT IN RESPECT OF ANY LIABILITY ARISING UNDER CLAUSE 2 (LICENCE), ANY BREACH OF
CLAUSE 3 (CONFIDENTIALITY) OR CLAUSE 11, AND ANY FAILURE TO PAY FEES OR ROYALTIES IN ACCORDANCE WITH CLAUSE 6.1 (FEES) AND CLAUSE 6.2 (ROYALTIES), THE MAXIMUM LIABILITY OF EITHER PARTY TO THE OTHER PARTY IN AGGREGATE FOR ALL CLAIMS MADE AGAINST THE
OTHER PARTY IN CONTRACT TORT OR OTHERWISE UNDER OR IN CONNECTION WITH THE SUBJECT MATTER OF EACH ANNEX I SHALL NOT EXCEED [***] (DEFINED IN CLAUSE 6.1) [***]. THE EXISTENCE OF MORE THAN ONE CLAIM OR SUIT WILL NOT ENLARGE OR EXTEND THE
LIMIT. EACH PARTY RELEASES THE OTHER PARTY FROM ALI, OBLIGATIONS, LIABILITY, CLAIMS OR DEMANDS IN EXCESS OF THIS LIMITATION. 

  

	13.3	 NOTHING IN THIS CLAUSE SHALL OPERATE TO EXCLUDE LIABILITY FOR DEATH OR PERSONAL INJURY RESULTING FROM EITHER PARTY’S NEGLIGENCE.

  

	13.4	 The parties hereby acknowledge that the provisions of this Clause 13 allocate the risks under this TLA between ARM and Customer after negotiation
and ARM’s pricing reflects this allocation of risk and the limitation of liability specified herein. 

 Initials of ARM authorized signatory 
 Initials of GCT authorized
signatory 
  

	14.	Term, Termination and Expiration 

 TLA Term 
  

	14.1	 Except as provided below, this TLA shall commence on the Effective Date and shall continue in force unless earlier terminated in accordance with the
provisions of either of Clause 14.2 or Clause 14.3. 

  
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 Termination by Either Party 

 

	14.2	 Without prejudice to any other right or remedy which may be available to it, either party shall be entitled immediately to terminate this TLA
(including all Annexes incorporated hereunder) by giving written notice to the other, if the other party: 

  

	 	(i)	 has committed a material breach of any of its obligations hereunder which is not capable of remedy; or 

 

	 	(ii)	 has committed a material breach of any of its obligations hereunder which is capable of remedy but which has not been remedied within a period of
sixty (60) days following receipt of written notice to do so; or 

  

	 	(iii)	 any circumstances arise which would entitle the court or a creditor to appoint a receiver, administrative receiver or administrator or to present a
winding-up petition or make a winding-up order; or 

  

	 	(iv)	 makes any voluntary arrangement with its creditors for the general settlement of its debts or becomes subject to an administration order; or

  

	 	(v)	 has an order made against it, or passes a resolution, for its winding-up (except for the purposes of amalgamation or reconstruction) or has a
receiver or similar officer appointed over all or substantially all of its property or assets. 

 Annex
Expiry 
  

	14.3	 Each Annex shall commence on the Annex Effective Date (defined in each Annex I) and shall continue in force for the Term set out therein unless
earlier terminated in accordance with the provisions of Clause 14.2. 

  

	15.	Effect of Expiry and Termination 

 Termination by ARM 
  

	15.1	 Upon termination of this TLA by ARM in accordance with Clause 14.2, LICENSEE will [***], ARM Technology, ARM Confidential Information and any
products embodying such technology or information. LICENSEE shall, at ARM’s option, either destroy or return to ARM any ARM Confidential Information, including any copies thereof in its possession and any ARM Technology or derivatives
(including any translation, modification, compilation, abridgement or other form in which the ARM Technology has been recast, transformed or adapted) thereof in its possession. Within one month after termination of this TLA LICENSEE will furnish to
ARM a certificate signed by a duly authorised representative of LICENSEE that to the best of his or her knowledge, information and belief, after due enquiry, LICENSEE has complied with provisions of this Clause. 

Upon termination of this TLA by ARM in accordance with either of Clauses 14.2; (i) the termination date shall be
treated as the end of a Quarter for the purpose of accounting for Royalties to ARM; and (ii) any fees outstanding, whether or not such fees have become due at the date of termination) shall become due and payable to ARM in accordance with the
provisions of Clause 6. 

  
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 Termination by LICENSEE 

 

	15.2	 Upon termination of this TLA by LICENSEE pursuant to Clause 14.2 the licenses granted under Clause 2 of this TLA shall survive such termination,
subject to the terms and conditions of this TLA including but not limited to LICENSEE’s continued payment, to ARM, its liquidator or receiver of any fees and Royalties due at the date of termination or in the future in accordance with the
provisions of Clause 6. 

 Annex I Expiry 

 

	15.3	 Upon expiry of any Annex I in accordance with the provisions of Clause 14.3, 

 

	 	(i)	 any licenses granted under Section 2 of the relevant Annex 1, [***]; 

 

	 	(ii)	 have manufactured and sell supply or otherwise distribute products developed using the relevant ARM Technology shall survive subject to the terms
and conditions of this TLA and subject to the continued payment to ARM of any fees and Royalties due at the time of expiry and in the future under the terms of this TLA and provided that such products are already being distributed at the date of
expiry of the Annex 1; and 

  

	 	(iii)	 except as expressly provided to the contrary in this Clause I5.3(iii), LICENSEE shall at ARM’s option, either destroy or return to ARM any ARM
Confidential Information, including any copies thereof in its possession and any ARM Technology or derivatives (including any translation, modification, compilation, abridgement or other form in which the ARM Technology has been recast, transformed
or adapted) thereof in its possession but LICENSEE may keep one copy of the relevant ARM Technology for the purpose of supporting the products referred to in Clause I5.3(ii). 

 

	15.4	 Upon termination the provisions of Clauses 1, 3, 6 (to the extent that any obligation under this Clause remains outstanding), 11, 13, 15 and 16
shall survive termination. 

  

	16.	General 

  

	16.1	 All communications between the parties including, but not limited to, notices, royalty reports, error or bug reports, the exercise of options, and
support requests shall be in the English language. 

  

	16.2	 All notices which are required to be given hereunder shall be in writing and shall be sent to the address of the recipient set out below (either
party may change their respective address for service by giving notice of the change to the other party). Any such notice may be delivered personally, by commercial overnight courier or facsimile transmission which shall be followed by a hard copy
and shall be deemed to have been served if by hand when delivered, if by commercial overnight courier 48 hours after deposit with such courier, and if by facsimile transmission when dispatched. 

  
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 *** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

			
	 ARM Contact
	  	 LICENSEE Contract

	 General Counsel
	  	
	 110 Fullbourn Road
	  	
	 Cambridge CB1 9NJ
	  	
	 England
	  	

  

	16.3	 Neither party shall assign or otherwise transfer this TLA or any of its rights and obligations hereunder whether in whole or in part without the
prior written consent of the other, which consent shall not be unreasonably withheld. An assignment shall be deemed to include, without limitation; (i) any transaction or series of transactions whereby a third party acquires, directly or
indirectly, the power to control the management and policies of the party, whether through the acquisition of voting securities, by contract or otherwise; or (ii) the sale of more than fifty percent (50%) of the party’s assets whether
in a single transaction or series of transactions. 

  

	16.4	 Neither party shall be liable for any failure or delay in its performance under this TLA due to causes, including, but not limited to, acts of God,
acts of civil or military authority, fires, epidemics, floods, earthquakes, riots, wars, sabotage, third party industrial disputes and governments actions, which are beyond its reasonable control; provided that the delayed party; (i) gives the
other party written notice of such cause promptly, and in any event within fourteen (14) days of discovery thereof; and (ii) uses its reasonable efforts to correct such failure or delay in its performance. The delayed party’s time for
performance or cure under this Clause 16.4 shall be extended for a period equal to the duration of the cause. 

  

	16.5	 ARM and LICENSEE are independent parties. Neither company nor their employees, consultants, contractors or agents are agents, employees or joint
venturers of the other party, nor do they have the authority to bind the other party by contract or otherwise to any obligation. Neither party will represent to the contrary, either expressly, implicitly, by appearance or otherwise.

  

	16.6	 Except as expressly provided under Clause 3 of this TLA, the parties agree that the terms and conditions of this TLA shall be treated as
Confidential Information hereunder and shall not be disclosed without the consent of both parties. 

  

	16.7	 Failure or delay by either party to enforce any provision of this TLA shall not be deemed a waiver of future enforcement of that or any other
provision. 

  

	16.8	 The provisions contained in each clause and sub-clause of this TLA shall be enforceable independently of each of the others and if a provision of
this TLA is, or becomes, illegal, invalid or deemed unenforceable by any court or administrative body of competent jurisdiction it shall not affect the legality, validity or enforceability of any other provisions of this TLA. If any of these
provisions is so held to be illegal, invalid or unenforceable but would be legal, valid or enforceable if some part of the provision were deleted, the provision in question will apply with such modification as may be necessary to make it legal,
valid or enforceable. 

  
 20 of 49

	16.9 	 This TLA, including all Annexes, constitutes the entire agreement between the parties with respect to the subject matter hereof, and supersedes and
replaces all prior or contemporaneous understandings or agreements, written or oral, regarding the subject matter. Except in respect of changes to the Trademark Guidelines which may he changed in accordance with the provisions of Clause 2.10, no
amendment to or modification of this TLA shall be binding unless in writing and signed by a duly Authorized representative of both parties. 

  

	16.10 	 The ARM Technology provided under this TLA is subject to U.S. export control laws, including the U.S. Export Administration Act and its associated
regulations, and may be subject to export or import regulations in other countries. LICENSEE agrees to comply fully with all laws and regulations of the United States and other countries (“Export Laws”) to assure that neither the ARM
Technology, nor any direct products thereof are; (i) exported, directly or indirectly, in violation of Export Laws, either to any countries that are subject to U.S. export restrictions or to any end user who has been prohibited from
participating in the U.S. export transactions by any federal agency of the U.S. government; or (ii) intended to be used for any purpose prohibited by Export Laws, including, without limitation, nuclear, chemical, or biological weapons
proliferation. 

  

	16.11 	 Any ARM Technology provided to the US Government pursuant to solicitations issued on or after December 151 1995 is provided with the rights and
restrictions described elsewhere herein. Any ARM Technology provided to the US Government pursuant to solicitations issued prior to December 15, 1995 is provided with “Restricted Rights” as provided for in FAR, 48 CFR 52.227-14 (JUNE
1987) or DFAR, 48 CFR 252.227-7013 (OCT 1988), as applicable. LICENSEE shall be responsible for ensuring that the ARM Technology is marked with the “Restrictive Rights Notice” or “Restrictive Rights legend”, as required.

  

	16.12 	 Except as expressly stated in this TLA, the Contracts (Rights of Third Parties) Act 1999 and any legislation amending or replacing that Act shall
not apply in relation to this TLA or any agreement, arrangement, understanding, liability or obligation arising under or in connection with this TLA and nothing in this TLA shall confer on any third party the right to enforce any provision of this
TLA. 

  

	16.13 	 The validity, construction and performance of this TLA shall be governed by the laws of the State of California, excluding its conflicts of laws
principles. 

  
 21 of 49

 IN WITNESS WHEREOF the parties have caused this TLA to be executed by their duly authorized
representatives: 
  

									
	ARM LIMITED	 		 	GCT SEMICONDUCTOR, INC.
					
	SIGNED	 	/s/ Paul Elbro	 		 	SIGNED	 	/s/ Jason Lee
	NAME:	 	Paul Elbro	 		 	NAME:	 	Jason Lee
	TITLE:	 	Director, ARM Services Division	 		 	TITLE:	 	VP, Corporate Development
	DATE:	 	30/6/06	 		 	DATE:	 	June 27, 2006

  
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 Annex 1 

  
 23 of 49

 Annex 2 
 Rules for Trademark Usage 
  

	1.	 On Die Encapsulation 

  

	 	1.1	 Except as set out in Clause 1.2, if Licensee is distributing ARM Compliant Products licensee shall apply the Trademark identified in Section 6
Part A of each Annex I to the die encapsulation (i.e. die package) of each unit of ARM Compliant Product. 

  

	 	1.2	 Licensee shall not be obliged to apply the Trademark identified in Section 6 Part A of each Annex I to the die encapsulation of each unit of
ARM Complaint Product if; 

  

	 	1.2.1	 Licensee provides written evidence to ARM that Licensee’s customer has requested that the die encapsulation of each unit of ARM Compliant
Product is to bear no trademarks whatsoever; or 

  

	 	1.2.2	 Licensee provides written evidence to ARM that Licensee’s customer has requested that the die encapsulation of each unit of ARM Compliant
Product is to bear only the trademark of such customer; or 

  

	 	1.2.3	 the size of the (lie encapsulation physically prohibits the application of both Licensee’s trademark and the Trademark identified in
Section 6 Part A of each Annex I when such marks are scaled to occupy the same area. 

  

	 	1.3	 Where Licensee distributes ARM Compliant Products to an Intermediary, the packaging of each unit of such ARM Compliant Product so distributed must
hear a mark which unambiguously identifies Licensee as the manufacturing source of the ARM Product. If the packaging of the ARM Compliant Product cannot accommodate Licensee’s mark because of size limitations, then licensee shall include a
prominent statement indicating that Licensee is the manufacturing source of the ARM Compliant Product (e.g. “Manufactured by [Licensee identity] under license from ARM Limited”) in substantially all advertising material and promotional,
technical or other documentation, including press releases, associated with the ARM Compliant Product and Licensee shall oblige any Intermediary to do the same. 

Where: “intermediary” meats any third party to whom Licensee distributes an ARM product and who is not an End
User and “End User” means any person or other legal entity which licenses an ARM Compliant Product for its own personal use or for use in the ordinary course of its business but not for onward sale, distribution or sublicensing.

  

	 	1.4	 Except as agreed in writing by ARM, any application by Licensee of tile Trademark identified in Section 6 Part A of each Annex I shall be in
accordance with the Logo Design Guide set out in Exhibit A of this Schedule. 

  
 24 of 49

	2.	 On Product Packaging, Documentation, Copy, and Websites 

 

	 	2.1	 ARM Powered Logo (Exhibit B) 

  

	 	(a)	 Licensee may apply the Trademark identified in Section 6 Part B of each Annex I in a prominent place, to any product packaging for End User
products containing an ARM Compliant Product distributed under license from ARM. 

  

	 	(b)	 Licensee may apply the Trademark identified in Section 6 Part B of each Annex I to any advertising or promotional material for, or relating to,
any land User product containing an ARM Compliant Product distributed under license from ARM. 

  

	 	(c)	 Licensee may apply the Trademark identified in Section 6 Part B of each Annex I to the page(s) of Licensee’s web site relating to any End
User product containing an ARM Compliant Product distributed under license from ARM. 

  

	 	2.2	 ARM Corporate Signature (Exhibit C) 

  

	 	(a)	 Licensee shall apply the Trademark identified in Section 6 Part C of each Annex I in a prominent place, to 

 

	 	(b)	 any technical documentation For, or relating to, any ARM Compliant Product distributed under license from ARM licensee may apply the Trademark
identified in Section 6 Part C of each Annex I to any advertising or promotional material for, or relating to, any ARM technology or to the company, ARM Limited. 

 

	 	(c)	 Licensee shall apply the Trademark identified in Section 6 Part C of each Annex I to the page(s) of Licensee’s web site relating to any
ARM Compliant Product distributed under license from ARM. 

  

	 	(d)	 The Trademark identified in Section 6 Part C of each Annex I may only be used as a logo to identify ARM (including ARM I Inklings plc. its
operating company ARM Limited, and the regional subsidiaries). 

  

	 	2.3	 ARM Connect Community Partner Logo (Exhibit D) 

  

	 	(a)	 Licensee may apply the Trademark identified in Section 6 Part D of each Annex I to any advertising or promotional material for, or relating to,
Licensee’s business relationship with ARM. 

  

	 	(b)	 Licensee may apply the Trademark identified in Section 6 Part D of each Annex I in a prominent place, to any technical documentation for, or
relating to, any ARM Compliant Product distributed under license from ARM. 

  
 25 of 49

	 	2.4	 Licensee may use either of the Trademarks identified in Section 6 Part C or Part D of each Annex I to create a hyperlink between the primary
page of Licensee’s website and the primary page of ARM’s website. 

  

	 	2.5	 Any use or application by Licensee of the Trademarks identified in Section 6 Part B, Part C or Part D of each Annex I shall be in accordance
with: (i) the Logo Design Guide set out in Exhibit B, Exhibit C, or Exhibit D as relevant of this Schedule: and (ii) with guidelines set forth in Clause 3 of this Schedule and other accepted trademark use standards.

  

	 	2.6	 The Trademarks identified in Section 6 Part B, Part C and Part D of each Annex I may only be used as logos and may not he incorporated into a
body of text. 

  

	 	2.7	 Other Trademarks 

  

	 	(a)	 Licensee shall apply the appropriate Trademark from those identified in Section 6 Part E of cacti Annex I to any advertising material or
promotional, technical or other documentation relating to any ARM Compliant Product containing such ARM technology distributed by Licensee under License from ARM. 

 

	 	(b)	 Licensee may apply the appropriate Trademark from those identified in Section 6 Part E of each Annex I to any product packaging of any product
containing such ARM technology and distributed by Licensee under license from ARM. 

  

	 	(c)	 Licensee shall apply the “trademarks identified in Section 6 Part E of each Annex I to the page(s) of Licensee’s website relating to
any ARM Compliant Product distributed under license from ARM. 

  

	 	(d)	 Any use of the trademarks identified in Section 6 Part E of each Annex I by Licensee shall be in accordance with the guidelines set forth in
Clause 3 of this Schedule and other accepted trademark use standards. 

  

	3.	 Use Guidelines 

  

	 	3.1	 Where any registered Trademark is applied to any product packaging, advertising material or promotional, technical or other documentation relating
to any product distributed under license from ARM, then for each prominent use and the first use in any test of any such mark the mark must appear with the symbol “®” at the upper right corner of the mark. 

  

	 	3.2	 Where any unregistered Trademark is applied to any product packaging, advertising material and promotional, technical or other documentation
relating to any product distributed under license from ARM, then for each prominent use and the first use in any text of any such mark the mark must appear with the symbol “TM” at the upper right corner of the mark.

  
 26 of 49

	 	3.3	 Licensee shall not adopt, use, or attempt to register any trademark which is confusingly similar to any ARM trademark 

 

	 	3.4	 Licensee shall use trademarks only in the form in which they have been registered or are being claimed. To maintain the integrity of a trademark,
Licensee shall never use it in a possessive, plural, hyphenated, or abbreviated form: never alter it by adding letters or numbers or incorporating it into another word: always use the proper spelling, punctuation, capitalization, and font type.

  

	 	3.5	 Licensee shall never alter a Trademark 

Correct: Use an ARM® PrimeCell® peripheral.

 Incorrect: Add a PrimeCell® peripheral to your ARMory. 
  

	 	3.6	 Licensee shall rise proper capitalization for a Trademark 

Correct: ARM® 

Incorrect: Arm® 
  

	 	3.7	 Licensee shall always use the appropriate descriptive generic noun written in lowercase letters after a Trademark 

Correct: ARM® core 

Incorrect: ARM® Core 
  

	 	3.8	 Licensee shall use a Registered Trademark Symbol (V) when Using “ARM” as a Trademark or Brand Name, but Not as a Trade Name

 Correct: ARM announces its new line of ARMO developer tools. 

Incorrect: ARM30 Corporation 
  

	 	3.9	 Licensee shall include appropriate notices in substantially the Following form on any product packaging, advertising material and promotional,
technical or other documentation relating to any product distributed under license from ARM if such material contains an ARM Trademark: 

 For registered Trademarks: “[Cite Trademark(s)] is [are] the registered trademark(s) of ARM Limited in the EU and other countries. 

For unregistered Trademarks: ‘[Cite Trademark(s)] is [are] the trademark(s) of ARM Limited in the EU and other
countries. 
  

	 	3.10	 Licensee shall always use the appropriate symbols with a trademark in a heading, as well as on the first occurrence of the trademark in a text. The
same standards apply to attributing trademarks on a Web page. Since each Web page has the potential to be viewed individually_ trademark symbols should be used on each page, even if part of a multipage section or site. Licensee shall attribute
trademarks on the first occurrence within sidebars, charts, tables, graphics, 

  
 27 of 49

	 	 
diagrams, marketing slides, banners. “Related information” links, and other links on a Web page, because these elements have greater potential to be read or placed independently.

  

	 	3.11	 In addition to the rules set out above ARM may provide Licensees with additional instructions relating to the use of the Trademarks from time to
time which licensee shall follow in its future use of the Trademarks. 

  
 28 of 49

 Logo Design Guide 

Exhibit A 
 

 
 The marks must appear exactly as shown in this Logo Design Guide; the elements, proportions and
relationships must not change. The marks are available in slat repro form and in cps for Macintosh or WMF for PC platforms. These formats ensure the highest possible reproduction quality. However, should you need another format for a specific
project, please contact your local ARM office for advice. 
 When produced in colour, the mark should he printed in Pantone 314
blue. Process colour reproduction may not match Pantone-identified solid colour standards. When specifying the colour of the mark with process inks, the correct mix is: 

 

					
	 cyan
	  	 	100	  
	 Magenta
	  	 	0	  
	 Yellow
	  	 	8.5	  
	 Black
	  	 	34	  

  

	 	•	 	 Do not alter or deform the shape of the marks. 

  

	 	•	 	 Do not replace the logotype with a different typeface or attempt to mimic the logotype typeface. 

 

	 	•	 	 Do not place competing visual elements (including but not limited to other Trademarks) close to the marks. 

 

	 	•	 	 Do not set type near to the marks that could be construed as a corporate slogan or motto. 

  
 29 of 49

					
	 28 June, 2011
	  	Confidential	  	LEC-ANX-03041-V4.0

  

NOTE: Portions of this Exhibit are the subject of a Confidential Treatment Request by the Registrant to the Securities and Exchange
Commission (the “Commission”). Such portions have been redacted and are marked with a “[***]” in the place of the redacted language. The redacted information has been filed separately with the Commission. 

ANNEX 1 
 GCT SEMICONDUCTOR, INC.

 [***] 
  

 
  

					
	 [***]
	  	[***]	  	
	 [***]
	  	[***]	  	
	 Annex Effective Date
	  	/s/ 30 June 2011	  	

 This Annex, when signed by both parties, shall form part of and be incorporated into the Technology
Licence Agreement (“TLA”) between the parties (document reference as identified in the table above). Solely for the purposes of interpretation of the TLA with respect to this Annex, to the extent that the provisions contained in this Annex
conflict with any of the provisions of the TLA the provisions contained in this Annex shall prevail over and shall supersede the conflicting provisions in the TLA. 

  
 30 of 49

 *** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

					
	 28 June, 2011
	  	Confidential	  	LEC-ANX-03041-V4.0

  

 [***] 
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 *** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

					
	 28 June, 2011
	  	Confidential	  	LEC-ANX-03041-V4.0

  

 [***] 
  

							
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[***] 
  

							
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	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

32 of 49 

*** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

					
	 28 June, 2011
	  	Confidential	  	LEC-ANX-03041-V4.0

  

 [***] 
  

							
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	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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*** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

					
	 28 June, 2011
	  	Confidential	  	LEC-ANX-03041-V4.0

  

 [***] 
  

							
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	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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*** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

					
	 28 June, 2011
	  	Confidential	  	LEC-ANX-03041-V4.0

  

 [***] 
  

	A.	 [***] 

  

	A.1	 [***] 

  

	A.2	 [***] 

  

	 	(i)	 [***] 

  

	 	(ii)	 [***] 

  

	 	(iii)	 [***] 

  

	 	(iv)	 [***] 

  

	 	(v)	 [***] 

  

	 	(vi)	 [***] 

  

	 	(vii)	 [***] 

  

	 	(viii)	 [***] 

  

	 	(ix)	 [***] 

  

	 	(x)	 [***]. 

  

	A.3	 [***] 

  

	A.4	 [***] 

  

	A.5	 [***] 

  

	A.6	 [***] 

  

	A.7	 [***] 

  

	A.8	 [***] 

  

	A.9	 [***] 

  

	A.10	 [***] 

  

	A.11	 [***] 

  

	A.12	 [***] 

  

	A.13	 [***] 

  

					
	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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*** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

					
	 28 June, 2011
	  	Confidential	  	LEC-ANX-03041-V4.0

  

	A.14	 [***] 

  

	A.15	 [***] 

  

	A.16	 [***] 

  

	A.17	 [***] 

  

	A.18	 [***] 

  

	A.19	 [***] 

  

	A.20	 [***] 

  

	A.21	 [***] 

  

	A.22	 [***] 

  

	A.23	 [***] 

  

	 	(i)	 [***] 

  

	 	(ii)	 [***] 

  

	 	(a)	 [***] 

  

	 	(b)	 [***] 

  

	A.24	 [***] 

  

	A.25	 [***] 

  

	B.	Licence 

  

	B.1	 Subject to the provisions of Clause 3 (Confidentiality) of the TLA and the provisions of this Section 2, ARM hereby grants, to LICENSEE, a
non-transferable (subject to Clause 16.3 of the TLA), non-exclusive, world-wide licence for the Term to; 

 Technical Reference Documentation 
  

	 	(i)	 use, copy, modify (solely to the extent necessary to reflect any permitted modifications in accordance with the provisions of this Clause B.1 or for
incorporation into LICENSEE’s documentation), distribute and have distributed the Technical Reference Manuals; 

 ARM Compliant Core 
  

	 	(ii)	 [***] 

  

					
	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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*** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

					
	 28 June, 2011
	  	Confidential	  	LEC-ANX-03041-V4.0

  

	 	(iii)	 [***] 

  

	 	(iv)	 [***] 

  

	 	(v)	 [***] 

  

	 	(vi)	 [***] 

  

	 	(vii)	 [***] 

  

	 	(viii)	 [***] 

  

	 	(ix)	 [***] 

  

	 	(x)	 [***] 

  

	 	(xi)	 [***] 

 [***] 
  

	 	(xii)	 [***] 

  

	 	(xiii)	 [***] 

  

	 	(xiv)	 [***] 

 Test Chips 
  

	 	(xv)	 [***] 

  

	 	(xvi) 	 [***] 

  

	 	(xvii) 	 [***] 

  

	C.	Special Conditions 

 [***] 
 [***] 

“Jazelle” means the extension to the ARM architecture that enables the execution of a subset of Java byte
codes by an ARM core as accessed through the BXJ instruction. 
  

	C.1	 LICENSEE acknowledges that the ARM Compliant Core incorporates [***]; 

 

	 	A.	 LICENSEE shall not; [***]; 

  

	 	B.	 LICENSEE agrees that [***]; and 

  

					
	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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*** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

					
	 28 June, 2011
	  	Confidential	  	LEC-ANX-03041-V4.0

  

	 	C.	 If LICENSEE discloses or distributes any ARM Technology which includes, incorporates or implements [***]. 

 

	D.	Disclosures 

  

	D.1	 Notwithstanding that the following suit was not commenced against ARM but resulted from ARM’s intervention, ARM hereby discloses the following
against the warranty provided in Clause 11 .1 (ii) of the TLA: 

 [***]. 

 

	E.	Test Chip Restrictions 

  

	E.1	 No right is granted to LICENSEE to [***]. 

  

					
	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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*** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 

					
	 28 June, 2011
	  	Confidential	  	LEC-ANX-03041-V4.0

  

 SECTION 3 - VERIFICATION 

 

	3.12	 Definitions 

  

	3.12.1 	 [***] 

  

	3.12.2 	 [***] 

  

	3.12.3 	 [***] 

  

	3.12.4 	 [***] 

  

	3.12.5 	 [***] 

  

	3.13    	 [***] 

  

	3.13.1 	 [***] 

  

	 	1.	 [***] [***] 

  

	 	2.	 [***] 

  

	 	3.	 [***] 

 [***]

 [***] 
 [***]

 [***] 
 V.A.1
[***] 
 [***] 
 V.A.2 [***] 
 [***] 

V.A.3 [***] 

[***] 
 V.A.4
[***] 

  

					
	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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 Records and Delivery of Equivalence Log Results 

 

	V.A.5 	 For each ARM Compliant Product incorporating an Implementation of the ARM Compliant Core, LICENSEE shall keep a copy of the Equivalence Log Results
for such ARM Compliant Product and shall deliver, as soon as reasonably possible, copies of such records to ARM upon request from ARM. If ARM concludes that the [***]. 

 Part B 
 LICENSEE Specified Validation and Verification 

[***] 
 [***] 

 

	V.B.2 	 [***] 

  

	V.B.3 	 [***] 

 Default

  

	V.B.4 	 [***] 

 Part C

 Validation and verification by Test Chip 
 [***] 
 [***] 

 

	V.C.1 	 [***] 

 [***] 

 

	V.C.2 	 [***] 

 [***]

  

	V.C.3 	 [***] 

 [***]

  

	V.C.4 	 [***] 

 [***]

  

	V.C.5	 ARM shall notify LICENSEE, in writing, within [***]. 

  

					
	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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 Part D 
 Validation and Verification Confirmation 
 [***] 

 

	1.	 [***] 

  

					
	 [***]
	  	[***]	  	[***]
	 [***]
	  		  	

	*	 [***] 

  

	2.	 [***] 

  

					
	 [***]
	  	[***]	  	[***]
	 [***]
	  		  	

  

	3.	 [***] 

  

					
	 [***]
	  	[***]	  	[***]
	 [***]
	  		  	

 [***] 
 [***] 
  

			
	 [***]
	 	
	 [***]
	 	
	 [***]
	 	
	 [***]
	 	
	 [***]
	 	

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	  		  	ARM/GCT Semiconductor, Inc.

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 SECTION 4. - SUPPORT LIMITATION 

 

	4.1	 Except as provided below, the maximum number of man hours that ARM shall be obligated to expend on any individual support case submitted to ARM by
LICENSEE shall be [***]. 

  

	4.2	 If ARM reasonably believes that [***], ARM and LICENSEE will mutually agree a plan of action for resolution of the support case.

  

	4.3	 If a support case results in [***]. 

  

	4.4	 If ARM, at ARM’s discretion, determines that [***]. 

 

	4.5	 If ARM agrees to provide support at [***]. 

 SECTION 5. - TRAINING REQUIREMENT 
 [***]. 

  

					
	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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 SECTION 6. - TRADEMARKS 

 

			
	 [***]
	  	[***]

 [***] 

 

			
	 [***]
	  	[***]

 [***] 

 

			
	 [***]
	  	[***]

 [***] 

 

			
	 [***]
	  	[***]

 [***] 

 

			
	 [***]
	  	[***]

 [***] 

 

			
	 [***]
	  	[***]
	 [***]
	  	[***]

 SECTION 7 - TERM 
 [***]. 

  

					
	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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 SECTION 8 - FEES AND ROYALTIES 
 FEES 
  

					
	 Fee (Descriptor)
	 	US$	 	 
		 	Due	 	Due Date (Invoice Date)
	Licence Fee for a [***]	 	[***]	 	Annex Effective Date

 Support and Maintenance 
  

							
	 Product(s)
	 	Support and Maintenance Fees
		 	[***]	 	[***]	 	[***]
	Support and Maintenance for [***]	 	[***]	 	[***]	 	[***]

  

	*	 In respect of the first year of the Term, the support and maintenance fees shall be due on the Annex Effective Date. 

	**	 In respect of the second year of the Term, the support and maintenance fees shall be due on the [***]. 

	***	 In respect of the third year of the Term, subject to [***], the support and maintenance fees shall be due on [***] 

ROYALTIES 
  

			
	 Currency:
	  	 US Dollars

		
	 Currency Conversion:
	  	 [***]

		
	 Due:
	  	 [***]

		
	 Payable:
	  	 [***]

		
	 Invoice Address:
	  	GCT Semiconductor, 2121 Ringwood Ave. San Jose, CA95131

 Calculation: 
 [***] 
  

			
	 Cumulative Number of Units of ARM

Compliant Products distributed by LICENSEE
	  	 Royalty Rate

	 [***]
	  	[***]
	 [***]
	  	[***]
	 [***]
	  	[***]
	 [***]
	  	[***]
	 [***]
	  	[***]

 For the purpose of calculating Royalties, only [***]. 

  

					
	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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 All Royalties paid to ARM pursuant to this Annex 1 shall be [***]. 

[***]; 
  

			
	 [***]
	 	 [***]

	 [***]
	 	 [***]

	 [***]
	 	 [***]

	 [***]
	 	 [***]

	 [***]
	 	 [***]

	 [***]
	 	 [***]

 Example 1: 

[***] 
 [***] 

[***] 
 [***] 

[***] 
 ROYALTY REPORT 

Form of Royalty Report 
  

	Send	 to: The address for ARM set out in the TLA via first class mail and to royaltyreports@arm.com via email. 

LICENSEE
                                         
                                
 LICENSEE contact
                                         
                    
 Quarter for which
report relates to                                     

 Table 1 
  

																	
	 Part
 Number
	 	Intended
Application	 	Number
of
Units of ARM
Compliant
Product
distributed by
LICENSEE in
Quarter	 	ASP (US$)	 	 	Applicable
Royalty 
Rate	 	 	Royalty Due	 
		 		 		 	$	XXX	  	 	 	X	% 	 	$	XXX	  
		 		 		 	$	XXX	  	 	 	X	% 	 	$	XXX	  

 Table 2 

  

					
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	  		  	ARM/GCT Semiconductor, Inc.

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	 Part
Number
	 	Intended
Application	 	Estimated
Number of
Units of ARM
Compliant
Product
distributed 
by
LICENSEE in
Next Calendar
Quarter	 	ASP (US$)	 	 	Applicable
Royalty Rate	 	 	Royalty Due	 
		 		 		 	$	XXX	  	 	 	X	% 	 	$	XXX	  
		 		 		 	$	XXX	  	 	 	X	% 	 	$	XXX	  

 The information provided in Table 2 shall be non-binding, supplied in good faith and treated as
LICENSEE’s Confidential Information. 

  

					
	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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 SECTION 9 - MARKETING 
 Notwithstanding anything to the contrary contained in the TLA either party may [***]. 
 Within [***] the Annex Effective Date the parties shall mutually agree the terms and method of [***]. 
 All communications for the above marketing activities shall be sent to the following contacts 
  

			
	 ARM Marketing Contact
	 	 LICENSEE Marketing Contact

		
	 Director of Corporate Communications
	 	 Alex Sum

	 CommsDirectorarm.com
	 	 VP Business Development

	 110 Fulbourn Road
	 	 2121 Ringwood Ave

	 Cambridge
	 	 San Jose, CA 95131

	 CB1 9NJ
	 	 U.S.A.

  

					
	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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 SECTION 10 - END USER LICENCE 

[Respective LICENSEE entity] (“LICENSOR”) hereby grants and the LICENSEE hereby accepts a non transferable and non-exclusive
licence to use the Model solely for the purpose of developing a product which [***], under the following terms and conditions: 
  

	1.	 Ownership. The Model is the property of ARM LIMITED and/or its licensors. The LICENSEE acquires no title, right or interest in the Model
other than the licence rights granted herein. 

  

	2.	 Use. The LICENSEE may use the Model on any one computer at one time except that the Model may be executed from a common disc shared by
multiple CPUs provided that one authorised copy of the Model has been licensed from LICENSOR for each CPU concurrently executing the Model. 

 LICENSEE shall not reverse engineer, decompile or disassemble the Model, in whole or in part. 
 LICENSEE shall only be permitted to use the Model for the Purpose. 

LICESENSOR hereby authorises LICENSEE to concurrently use up to a maximum number of [ ] copies of the Model 

 

	3.	 Copies. Except as provided in Clause 2, LICENSEE may make copies of the Model for back-up and archival purposes only. All copies of the Model
must bear the same notice(s) contained on the original copies supplied by LICENSOR. 

  

	4.	 Model Limited Warranty. LICENSOR warrants that the disks containing the Model shall be free from defects and workmanship under normal use and
the programs will perform in accordance with the accompanying documentation for a period of ninety (90) days from the date of delivery. Any written or oral information or advice given by LICENSOR distributors, agents or employees will in no way
increase the scope of this warranty. LICENSOR’s entire liability and the LICENSEE’s exclusive remedy will be, at LICENSOR’s sole option, to replace the disk or to use LICENSOR’s reasonable efforts to make the Model meet the
warranty set forth above. Any replacement Model will be warranted for the remainder of the original warranty period or thirty (30) days, whichever is the longer. The LICENSEE agrees that the supply of the Model does not include updates and
upgrades, which may be available from LICENSOR under a separate support agreement. 

 THE ABOVE
WARRANTIES ARE EXCLUSIVE AND IN LIEU OF ALL OTHER WARRANTIES, WHETHER EXPRESS OR IMPLIED INCLUDING, WITHOUT LIMITATION, THE IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 

IN NO EVENT SHALL LICENSOR BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES RESULTING FROM ITS
PERFORMANCE OR FAILURE TO PERFORM UNDER THIS AGREEMENT OR 

  

					
	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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THE FURNISHING, PERFORMANCE, OR USE OF ANY MODEL LICENSED HERETO, WHETHER DUE TO BREACH OF CONTRACT, BREACH OF WARRANTY, OR NEGLIGENCE EVEN IF LICENSOR HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH
DAMAGES. 
 THE MAXIMUM LIABILITY OF LICENSOR SHALL BE LIMITED TO REFUND OF THE FEES PAID BY LICENSEE (IF ANY)
FOR THE MODEL. 
  

	5.	 Assignment of the Agreement. This Agreement and any license granted hereunder to the LICENSEE may not be assigned, sub-licensed or otherwise
transferred by the LICENSEE to any third party 

  

	6.	 Term and Termination. Unless terminated in accordance with the provisions of this Clause 6, this Agreement and licenses granted hereunder
shall continue in force until completion of the Purpose. LICENSOR may terminated this Agreement by written notice to the LICENSEE in the event of a breach by LICENSEE of any provisions of this Agreement. 

Upon expiration or termination of this Agreement, the LICENSEE shall refrain from any further use of the Model, and
LICENSEE shall either return or destroy and copies of the Model in it’s possession at the date of expiration of termination as applicable. 
  

	7.	 Applicability. The limitations and exclusions above may not apply in certain countries or states where they conflict with local law. In cases
where such a conflict exists the local law shall prevail and the remaining provisions of the Agreement shall remain in full force and effect. 

 IN WITNESS WHEREOF the parties have caused this Annex 1 to be signed by their duly authorised representative: 
  

									
	ARM LIMITED	 		 	GCT SEMICONDUCTOR, INC.
					
	BY:	 	/s/ Paul Elbro	 		 	BY:	 	/s/ Jason Lee
	NAME:	 	 Paul Elbro
	 		 	NAME:	 	Jason Lee
	TITLE:	 	 Director, ARM Services Division
	 		 	TITLE:	 	VP, Corporate Development
	DATE:	 	 30/6/06
	 		 	DATE:	 	Jun 27, 2006

  

					
	 NH/RT
	  		  	ARM/GCT Semiconductor, Inc.

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