Document:

Supplement #1 to Security Agreement

 Exhibit 10.5 
  
 EXECUTION COPY 
  
 SUPPLEMENT NO. 1 dated as of September 23, 2003, to the Security Agreement dated as of August 4, 1999 as amended and restated as of March
3, 2003 (the “Security Agreement”), by and among SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC, a Delaware limited liability company (the “Borrower”), ON SEMICONDUCTOR CORPORATION, a Delaware corporation (formerly known
as SCG HOLDING CORPORATION, “Holdings” and, together with the Borrower and any Subsidiary becoming a party thereto pursuant to Section 5.12 of the Credit Agreement referred to below, the “Grantors”) in favor of
JPMORGAN CHASE BANK (formerly known as THE CHASE MANHATTAN BANK), a New York banking corporation, as collateral agent (in such capacity the “Collateral Agent”) for the Secured Parties (as such term is defined below). 
  
 A. Reference is made to the Credit Agreement, dated as of August 4, 1999, as
amended and restated as of September 17, 2003, as amended (the “Credit Agreement”), among the Borrower, Holdings, the Lenders party thereto and JPMorgan Chase Bank as administrative agent, collateral agent and syndication agent (the
Lenders, the Issuing Bank, the Administrative Agent and the Collateral Agent, collectively, the “Secured Parties”). 
  
 B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Security Agreement and the Credit
Agreement. 
  
 C. Section 4.12 (e) of the Security Agreement
requires the Grantors to notify the Collateral Agent of all Collateral of any Grantor that has not been previously identified to the Collateral Agent. The Grantors have identified additional Collateral as set forth on the Schedules hereto. The
undersigned Grantors are executing this Supplement in accordance with the requirements of the Security Agreement in order to facilitate a supplemental filing to be made by the Collateral Agent with the Patent and Trademark office. 
  
 Accordingly, the Collateral Agent and each of the Grantors agree as follows:

  
 SECTION 1. Schedules III, IV and V of the Security Agreement
is hereby supplemented by the information set forth in Schedules III, IV, and V hereto. 
  
 SECTION 2. This Supplement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute
a single contract. This Supplement shall become effective when the Collateral Agent shall have received 

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counterparts of this Supplement that, when taken together, bear the signatures of each of the Grantors and the Collateral Agent. Delivery of an executed
signature page to this Supplement by facsimile transmission shall be as effective as delivery of a manually signed counterpart of this Supplement. 
  
 SECTION 3. Each of the Grantors hereby represents and warrants that the information set forth on Schedules III, IV and V attached hereto are true and
correct. 
  
 SECTION 4. Except as expressly supplemented hereby,
the Security Agreement shall remain in full force and effect. 
  
 SECTION 5. THIS SUPPLEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
  
 SECTION 6. In case any one or more of the provisions contained in this Supplement should be held invalid, illegal or unenforceable in any respect, the
validity, legality and enforceability of the remaining provisions contained herein and in the Security Agreement shall not in any way be affected or impaired thereby (it being understood that the invalidity of a particular provision in a particular
jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties hereto shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions
the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 
  
 SECTION 7. The Grantors agree to reimburse the Collateral Agent for its reasonable out-of-pocket expenses in connection with this Supplement, including
the reasonable fees, other charges and disbursements of counsel for the Collateral Agent. 

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 IN WITNESS WHEREOF, the parties hereto have duly executed this Supplement to the Security Agreement as of
the day and year first above written. 
  

	SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC,
		
	by	 	 /s/ DONALD A. COLVIN

	 	

	Name:	 	 Donald A. Colvin

	 Title:
	 	 Senior Vice President and
 Chief Financial
Officer

  

	ON SEMICONDUCTOR CORPORATION,
		
	by	 	 /s/ DONALD A. COLVIN

	 	

	Name:	 	 Donald A. Colvin

	 Title:
	 	 Senior Vice President and
 Chief Financial
Officer

  

	 EACH OF THE SUBSIDIARY
 GUARANTORS LISTED ON SCHEDULE
 I TO THE SECURITY AGREEMENT,

		
	 	 	 /s/ DONALD A. COLVIN

	 	

	Name:	 	 Donald A. Colvin

	 Title:
	 	 Senior Vice President and
 Chief Financial
Officer

  

	 JPMORGAN CHASE BANK,
 as Collateral Agent,

		
	by	 	 /s/ EDMOND DEFOREST

	 	

	Name:	 	 Edmond DeForest

	 Title:
	 	Vice PresidentReaffirmation Agreement

 Exhibit 10.6 
  
 EXECUTION COPY 
  
 REAFFIRMATION AGREEMENT, dated as of September 23, 2003 (as the same may from time to time be amended, supplemented or otherwise modified, this
“Agreement”), among ON SEMICONDUCTOR CORPORATION (formerly known as SCG HOLDING CORPORATION) (“Holdings”), SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC (the “Borrower”), each subsidiary of Holdings
listed on the signature pages hereof (collectively, the “Subsidiary Loan Parties” and, together with Holdings and the Borrower, the “Reaffirming Parties”) and JPMORGAN CHASE BANK, as Administrative Agent, Issuing
Bank and Collateral Agent (in such capacities, “JPMCB”) for the benefit of the Lenders (such term and each other capitalized term used but not defined herein having the meaning assigned to such term in the Amended and Restated
Credit Agreement referred to below). 
  
 WHEREAS Holdings, the
Borrower, the Lenders party thereto, and JPMCB have entered into an Amendment and Restatement Agreement (the “Amendment and Restatement Agreement”), dated as of September 17, 2003, which amends and restates the Credit Agreement
dated as of August 4, 1999, as amended and restated as of April 3, 2000 (as amended and restated after giving effect to the Amendment and Restatement Agreement, the “Amended and Restated Credit Agreement”); 
  
 WHEREAS each Reaffirming Party expects to realize, or has realized,
substantial direct and indirect benefits as a result of Holdings and the Borrower entering into the Amendment and Restatement Agreement and as a result of the Amendment and Restatement Agreement becoming effective; and 
  
 WHEREAS the execution and delivery of this Agreement is a condition precedent
to the effectiveness of the Amendment and Restatement Agreement; 
  
 NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
  
 ARTICLE I 
  
 Reaffirmation/Amendment and Restatement 
  
 SECTION 1.01. Reaffirmation. (a) Each of the Reaffirming Parties hereby consents to the Amendment and Restatement
Agreement and hereby confirms its 

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respective guarantees, pledges and grants of security interests, as applicable, under each of the Loan Documents to which it is a party, and agrees that
notwithstanding the effectiveness of the Amendment and Restatement Agreement, such guarantees, pledges and grants of security interests shall continue to be in full force and effect and shall accrue to the benefit of the Lenders and the other
Secured Parties under the Amended and Restated Credit Agreement. 
  
 (b) Each of the Reaffirming Parties hereby confirms and agrees that the Additional Term Loans and the Revolving Loans constitute Obligations under each of the Loan Documents. 
  
 SECTION 1.02. Amendment and Restatement. On and after the effectiveness of the Amendment and Restatement Agreement,
(i) each reference in each Loan Document to the “Credit Agreement”, “thereunder”, “thereof” or words of like import shall mean and be a reference to the Amended and Restated Credit Agreement (as such agreement may be
amended, modified or supplemented and in effect from time to time) and (ii) the definition of any term defined in any Loan Document by reference to the terms defined in the “Credit Agreement” shall be amended to be defined by reference to
the defined term in the Amended and Restated Credit Agreement, as the same may be amended, modified or supplemented and in effect from time to time. 
  
 ARTICLE II 
  
 Representations and Warranties 
  
 Each Reaffirming Party hereby represents and warrants, which representations and warranties shall survive execution and delivery of this Agreement, as follows: 
  
 SECTION 2.01. Organization. Such Reaffirming Party is duly organized
and validly existing in good standing under the laws of the jurisdiction of its formation. 
  
 SECTION 2.02. Authority; Enforceability. Such Reaffirming Party has the power and authority to execute, deliver and carry out the terms and provisions of this Agreement and has taken all necessary action to
authorize the execution, delivery and performance by it of this Agreement. Such Reaffirming Party has duly executed and delivered this Agreement, and this Agreement constitutes its legal, valid and binding obligation, enforceable against it in
accordance with its terms. 
  
 SECTION 2.03. Loan
Documents. The representations and warranties of such Reaffirming Party contained in each Loan Document are true and correct in all material respects on and as of the Restatement Effective Date with the same effect as though made on and as of
such date, except to the extent such representations and warranties expressly relate to an earlier date. 

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 ARTICLE III 
  
 Miscellaneous 
  
 SECTION 3.01. Indemnity. Each Reaffirming Party shall indemnify JPMCB, each Lender and each Related Party of any of the foregoing Persons (each
such Person being called an “Indemnitee”) against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses, including the reasonable fees, charges and disbursements of any
counsel for any Indemnitee, incurred by or asserted against any Indemnitee arising out of, in connection with, or as a result of (i) the execution or delivery of this Agreement or any other agreement or instrument contemplated hereby, the
performance by the parties hereto and thereto of their respective obligations hereunder and thereunder or the consummation of the transactions contemplated hereby and thereby, or (ii) any actual or prospective claim, litigation, investigation or
proceeding relating to any of the foregoing, whether based on contract, tort or any other theory and regardless of whether any Indemnitee is a party thereto; provided that such indemnity shall not, as to any Indemnitee, be available to the
extent that such losses, claims, damages, liabilities or related expenses resulted from the gross negligence or wilful misconduct of such Indemnitee or any Affiliate of such Indemnitee (or any officer, director, employee, advisor or agent of such
Indemnitee or any such Indemnitee’s Affiliates). 
  
 SECTION
3.02. Setoff, etc. In addition to, and without limitation of, any rights of JPMCB and the Lenders under applicable law, if an Event of Default shall have occurred and be continuing, JPMCB, each Lender and each of their respective Affiliates
is hereby authorized at any time and from time to time, to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other obligations at any time
owing by such Lender or Affiliate to or for the credit or the account of any Reaffirming Party against any of and all the obligations of any Reaffirming Party then existing under this Agreement or any other Loan Document held by JPMCB or such
Lender, irrespective of whether or not JPMCB or such Lender shall have made any demand under this Agreement or such other Loan Document. The rights of JPMCB and each Lender under this Section 3.02 are in addition to other rights and remedies
(including other rights of setoff) which JPMCB or such Lender may have. 
  
 SECTION 3.03. Notices. All notices and other communications hereunder shall be made at the addresses, in the manner and with the effect provided in Article IX of the Amended and Restated Credit Agreement; provided that, for
this purpose, the address of each Reaffirming Party shall be the one specified for the Borrower under the Amended and Restated Credit Agreement. 
  
 SECTION 3.04. Limitation of Liability. To the extent permitted by applicable law, each Reaffirming Party shall not assert, and each hereby waives,
any claim against any Indemnitee, on any theory of liability, for special, indirect, 

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consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement or any
agreement or instrument contemplated hereby, the transactions contemplated hereby, any Loan or Letter of Credit or the use of the proceeds thereof. 
  
 SECTION 3.05. CHOICE OF LAW; CONSENT TO JURISDICTION. THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE
OF NEW YORK. EACH REAFFIRMING PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE SUPREME COURT OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES
DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES
HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE OR, TO THE EXTENT PERMITTED BY LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO
AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT SHALL
AFFECT ANY RIGHT THAT JPMCB OR ANY LENDER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY REAFFIRMING PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

 
 SECTION 3.06. Loan Document. This Agreement is a Loan Document
executed pursuant to the Amended and Restated Credit Agreement and shall (unless otherwise expressly indicated herein) be construed, administered and applied in accordance with the terms and provisions thereof. 
  
 SECTION 3.07. Section Captions. Section captions used in this
Agreement are for convenience of reference only and shall not affect the construction of this Agreement. 
  
 SECTION 3.08. Severability. Any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof; and the invalidity of a particular provision in a
particular jurisdiction shall not invalidate such provision in any other jurisdiction. 

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 SECTION 3.09. WAIVER OF JURY TRIAL. EACH OF THE REAFFIRMING PARTIES AND JPMCB BY ITS ACCEPTANCE
HEREOF HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT, ANY OTHER LOAN DOCUMENT OR THE
TRANSACTIONS CONTEMPLATED HEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD
NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS
SECTION. 
  
 SECTION 3.10. Successors and Assigns. This
Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and assigns. 
  
 SECTION 3.11. Amendment. This Agreement may be waived, modified or amended only be a written agreement executed by each of the parties hereto.

  
 SECTION 3.12. Counterparts. This Agreement may be
executed in any number of counterparts and by the different parties hereto on separate counterparts, each of which when so executed and delivered shall be an original but all of which shall together constitute one and the same agreement. Delivery of
an executed counterpart of a signature page of this Agreement by facsimile transmission shall be effective as delivery of a manually executed counterpart of this Agreement. 
  
 SECTION 3.13. No Novation. After the Restatement Effective Date, all the obligations of the Borrower under the
Existing Credit Agreement shall become obligations under the Amended and Restated Credit Agreement, secured by the Loan Documents as reaffirmed hereby. Neither this Agreement nor the execution, delivery or effectiveness of the Amendment and
Restatement Agreement shall extinguish the obligations for the payment of money outstanding under the Amendment and Restatement Agreement or the Amended and Restated Credit Agreement or discharge or release the Lien or priority of any Security
Document or any other security therefor. Nothing herein contained shall be construed as a substitution or novation of the obligations outstanding under the Existing Credit Agreement or the Amended and Restated Credit Agreement or instruments
securing the same, which shall remain in full force and effect, except to any extent modified hereby or by instruments executed concurrently herewith. Nothing express or implied in this Agreement, the Amendment and Restatement Agreement, the Amended
and Restated Credit Agreement or in any other document contemplated hereby or thereby shall be construed as a release or other 

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discharge of Holdings, the Borrower or any Subsidiary Loan Party under any Loan Document from any of its obligations and liabilities as “Holdings”,
a “Borrower”, a “Subsidiary Loan Party”, a “Guarantor”, a “Grantor”, a “Pledgor”, a “party to the Indemnity, Subrogation and Contribution Agreement” or a “party to the Collateral
Assignment” under the Existing Credit Agreement or the Loan Documents. Each of the Existing Credit Agreement and the Loan Documents shall remain in full force and effect, until and except to any extent modified hereby or in connection herewith
and therewith. 

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 IN WITNESS WHEREOF, each Reaffirming Party and JPMCB have caused this Agreement to be duly executed and
delivered as of the date first above written. 
  

	ON SEMICONDUCTOR CORPORATION,
		
	By:	 	 /s/ DONALD A. COLVIN

	 	

	 Name:  
	 	 Donald A. Colvin

	 Title:
	 	 Senior Vice President and
 Chief Financial Officer

	 
	 	 	 
	SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC,
		
	By:	 	 /s/ DONALD A. COLVIN

	 	

	 Name:  
	 	 Donald A. Colvin

	 Title:
	 	 Senior Vice President and
 Chief Financial Officer

	 	 	 
	 
	SCG INTERNATIONAL DEVELOPMENT LLC,
		
	By:	 	 /s/ DONALD A. COLVIN

	 	

	 Name:  
	 	 Donald A. Colvin

	 Title:
	 	 Senior Vice President and
 Chief Financial Officer

	 	 	 
	 
	SCG (MALAYSIA SMP) HOLDING CORPORATION,
		
	By:	 	 /s/ DONALD A. COLVIN

	 	

	 Name:  
	 	 Donald A. Colvin

	 Title:
	 	 Senior Vice President and
 Chief Financial Officer

	 	 	 
	 
	SCG (CZECH) HOLDING CORPORATION,
		
	By:	 	 /s/ DONALD A. COLVIN

	 	

	 Name:  
	 	 Donald A. Colvin

	 Title:
	 	 Senior Vice President and
 Chief Financial Officer

	 	 	 
	 
	SCG (CHINA) HOLDING CORPORATION,
		
	By:	 	 /s/ DONALD A. COLVIN

	 	

	 Name:  
	 	 Donald A. Colvin

	 Title:
	 	 Senior Vice President and
 Chief Financial Officer

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	SEMICONDUCTOR COMPONENTS INDUSTRIES PUERTO RICO, INC.,
		
	By:	 	 /s/ DONALD A. COLVIN

	 	

	 Name:  
	 	 Donald A. Colvin

	 Title:
	 	 Senior Vice President and
 Chief Financial Officer

	 
	 	 	 
	SEMICONDUCTOR COMPONENTS INDUSTRIES OF RHODE ISLAND, INC.,
		
	By:	 	 /s/ DONALD A. COLVIN

	 	

	 Name:  
	 	 Donald A. Colvin

	 Title:
	 	 Senior Vice President and
 Chief Financial Officer

	 	 	 
	 
	SEMICONDUCTOR COMPONENTS INDUSTRIES INTERNATIONAL OF RHODE ISLAND, INC.,
		
	By:	 	 /s/ DONALD A. COLVIN

	 	

	 Name:  
	 	 Donald A. Colvin

	 Title:
	 	 Senior Vice President and
 Chief Financial Officer

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	 JPMORGAN CHASE BANK, as
 Administrative Agent, Issuing Bank and
 Collateral Agent,

		
	By:	 	 /s/ EDMOND DEFOREST

	 	

	 Name:  
	 	 Edmond DeForest

	 Title:
	 	 Vice President

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