0001193125-20-088874 Sample Contracts

MagnaChip Semiconductor Corporation c/o MagnaChip Semiconductor, Ltd. 501, Teheran-ro, Gangnam-gu Seoul 06168, Korea

Separation Agreement • March 27th, 2020 • MAGNACHIP SEMICONDUCTOR Corp • Semiconductors & related devices • Delaware

• Contract Type
  Separation Agreement
• Filed
  March 27th, 2020
• Company
  MAGNACHIP SEMICONDUCTOR Corp
• Industry
  Semiconductors & related devices
• Jurisdiction
  Delaware

This letter agreement (this “Separation Agreement”) confirms our mutual understanding regarding your resignation from the position of Chief Accounting Officer effective as of February 28, 2020 and from the position of Executive Vice President, Chief Financial Officer of MagnaChip Semiconductor Corporation (“Parent”) and from all other positions with each of Parent’s direct and indirect subsidiaries (Parent, together with each of its direct and indirect subsidiaries, the “Company”), effective as of March 27, 2020 (the “Resignation Date”).