TERMINATION AND SETTLEMENT AGREEMENTTermination and Settlement Agreement • December 14th, 2021 • MAGNACHIP SEMICONDUCTOR Corp • Semiconductors & related devices • Delaware
This Termination and Settlement Agreement (this “Agreement”), dated as of December 13, 2021, is entered into by and among South Dearborn Limited, an exempted company incorporated in the Cayman Islands with limited liability (“Parent”), Michigan Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent (“Merger Sub”), Magnachip Semiconductor Corporation, a Delaware corporation (the “Company”), and Wise Road Capital LTD (“Wise Road”). Each of Parent, Merger Sub, Wise Road and the Company are sometimes referred to herein as a “Party”.
