0001193125-25-173550 Sample Contracts

April 28, 2025
Employment Agreement • August 5th, 2025 • MAGNACHIP SEMICONDUCTOR Corp • Semiconductors & related devices

This letter (this “Amendment”) serves as a second amendment to your Employment Agreement, originally entered into on April 26, 2018 (the “Original Agreement”), as previously amended by the certain letter agreement dated September 3, 2018 (the “First Amendment”). The Original Agreement and the First Amendment are collectively referred to as the “Employment Agreement”. Any capitalized term not otherwise defined in this Amendment shall have the meaning ascribed to such term in the Employment Agreement.

April 28, 2025
Employment Agreement • August 5th, 2025 • MAGNACHIP SEMICONDUCTOR Corp • Semiconductors & related devices

This letter (this “Amendment”) serves as an amendment to your Amended and Restated Executive Service Agreement, entered into on April 28, 2025 (the “Employment Agreement”). Any capitalized term not otherwise defined in this Amendment shall have the meaning ascribed to such term in the Employment Agreement.

AMENDED AND RESTATED EXECUTIVE SERVICE AGREEMENT
Executive Service Agreement • August 5th, 2025 • MAGNACHIP SEMICONDUCTOR Corp • Semiconductors & related devices • Delaware

This Amended and Restated Executive Service Agreement (this “Agreement”), effective as of April 28, 2025 (the “Effective Date”), is made by and between Shin Young Park (the “Executive”), on the one hand, and Magnachip Semiconductor Corporation, a Delaware corporation (“Parent”), and Magnachip Semiconductor, Ltd., a wholly owned subsidiary of Parent (“MSK” and together with Parent and each of its Affiliates that may engage the Executive from time to time, including any and all successors thereto, the “Company”), on the other hand.