Exhibit 10.14(a)
FIRST AMENDMENT TO MASK
PRODUCTION AND SUPPLY AGREEMENT
This First Amendment to Mask
Production and Supply Agreement (this “Amendment”) is
entered into as of December 30, 2005 by and between Hynix
Semiconductor, Inc. (the “Supplier”) and MagnaChip
Semiconductor Ltd. (the “Purchaser”) (each a
“Party”, and collectively the
“Parties”).
WHEREAS, the Parties are parties to
that certain Mask Production and Supply Agreement dated as of
October 6, 2004 (the “Agreement”), and wish to
amend the Agreement as set forth below.
NOW, THEREFORE, the Parties agree as
follows:
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1.
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Section 1.1 is hereby amended by adding the
following thereto in the appropriate alphabetical
position:
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““C1 Building”
shall have the meaning ascribed to such term in
Section 4.2.”
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2.
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Section 4.1 is hereby amended and restated
in its entirety as follows:
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“The unit price of the
Products (the “Unit Price”) supplied hereunder shall be
determined on a / ***** / in accordance with the following
formula:
For each process
technology:
/ ***** /”
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3.
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Section 4.2 is hereby amended and restated
in its entirety as follows:
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“The Unit Price shall be
exclusive of / ***** / The Unit Price shall be on an ex
warehouse Supplier’s facilities located in the C1 Building
and C2 Building located at Supplier’s manufacturing facility
in Cheongju, Korea (respectively, the “C1 Building” and
“C2 Building”).”
/ ***** / = Portions of this
exhibit are subject to a request for confidential treatment and
have been redacted and filed separately with the Securities and
Exchange Commission.
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4.
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A new
Section 4.3 is hereby added to Article 4 as
follows:
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“In the event that the Unit
Price offered by the Supplier exceeds the price offered by other
domestic suppliers, the Unit Price may be adjusted thr