Guaranty Supplement to Subsidiary Guaranty among Amkor Entities and Citicorp North America, Inc.
This Guaranty Supplement, dated May 12, 2005, adds Amkor International Holdings, LLC, P-Four, LLC, Amkor Technology Limited, and Amkor/Anam Pilipinas, L.L.C. as guarantors under an existing Subsidiary Guaranty related to a Second Lien Credit Agreement. These entities agree to be bound by the terms of the Guaranty and confirm the accuracy of their representations and warranties. The agreement is acknowledged by Citicorp North America, Inc. as the administrative agent. The supplement ensures these entities guarantee certain obligations under the credit arrangement.
Exhibit 10.3
Guaranty Supplement
Amkor International Holdings, LLC, a Delaware limited liability company, also existing as Amkor International Holdings, a company organized under the laws of the Cayman Islands (“Amkor International Holdings, LLC”), P-Four, LLC, a Delaware limited liability company, also existing as P-Four, Inc., a corporation organized under the laws of the Philippines (“P-Four, LLC”), Amkor Technology Limited, a company organized under the laws of the Cayman Islands and Amkor/Anam Pilipinas, L.L.C., a Delaware limited liability company, also existing as Amkor Technology Philippines, Inc., a corporation organized under the laws of the Philippines (“Amkor/Anam Pilipinas, L.L.C.”) hereby agree to be bound as Guarantors for purposes of the Subsidiary Guaranty, dated as of October 27, 2004 (the “Guaranty”), among Guardian Assets, Inc., Unitive, Inc., Unitive Electronics, Inc. and certain other Subsidiaries of Amkor Technology, Inc. from time to time party thereto as Guarantors and acknowledged by Citicorp North America, Inc., as Administrative Agent, and Amkor International Holdings, LLC, P-Four, LLC, Amkor Technology Limited and Amkor/Anam Pilipinas, L.L.C. hereby acknowledge receipt of a copy of the Guaranty and the Second Lien Credit Agreement. Amkor International Holdings, LLC, P-Four, LLC, Amkor Technology Limited and Amkor/Anam Pilipinas, L.L.C. hereby represent and warrant that each of the representations and warranties contained in Section 16 (Representations and Warranties; Covenants) of the Guaranty applicable to them are true and correct on and as the date hereof as if made on and as of such date. Capitalized terms used herein but not defined herein are used with the meanings given them in the Guaranty.
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In witness whereof, each of the undersigned has caused this Guaranty Supplement to be duly executed and delivered as of May 12, 2005.
| Amkor International Holdings, LLC | ||||
| By: | /s/ Kenneth T. Joyce | |||
| Name: | Kenneth T. Joyce | |||
| Title: | Chairman | |||
| P-Four, LLC | ||||
| By: | /s/ Michael Santangelo | |||
| Name: | Michael Santangelo | |||
| Title: | President | |||
| Amkor Technology Limited | ||||
| By: | /s/ Kenneth T. Joyce | |||
| Name: | Kenneth T. Joyce | |||
| Title: | Director and Chairman | |||
| Amkor/Anam Pilipinas, L.L.C. | ||||
| By: | /s/ Michael Santangelo | |||
| Name: | Michael Santangelo | |||
| Title: | Treasurer and Chief Financial Officer | |||
[Signature Page to Guaranty Supplement]
Acknowledged and Agreed
as of the date first above written:
Citicorp North America, Inc.
as Administrative Agent under the Second Lien Credit Agreement
By: | /s/ Asghar Ali | |||
| Name: Asghar Ali | ||||
| Title: Vice President |
[Signature Page to Guaranty Supplement]
