0001144204-08-020904 Sample Contracts

AMENDMENT NO. 1 TO DEPOSIT AGREEMENT
Deposit Agreement • April 7th, 2008 • Pixelplus Co., Ltd. • Semiconductors & related devices • New York

AMENDMENT NO. 1, dated as of April , 2008 (the “Amendment”), to the Deposit Agreement dated as of December 15, 2005 (as amended hereby, the “Deposit Agreement”), among Pixelplus Co., Ltd., incorporated under the laws of Republic of Korea (the “Company”), JPMorgan Chase Bank, N.A., as depositary (the “Depositary”), and all holders from time to time of American depositary receipts (“ADRs”) issued thereunder.

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