UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
September 25, 2006
AMKOR TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
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DELAWARE
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000-29472
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23-1722724 |
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(State or Other Jurisdiction of
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(Commission File Number)
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(IRS Employer |
Incorporation)
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Identification No.) |
1900 SOUTH PRICE ROAD
CHANDLER, AZ 85248
(Address of Principal Executive Offices, including Zip Code)
(480) 821-5000
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
TABLE OF CONTENTS
Item 1.01 Entry into a Material Definitive Agreement.
On September 25, 2006, Amkor Technology, Inc., a Delaware corporation (the Company),
Unitive, Inc., a Delaware corporation and subsidiary of the Company and Unitive Electronics, Inc.,
a North Carolina corporation and indirect subsidiary of the Company, entered into a Limited Waiver
of Loan and Security Agreement (the Waiver) with the
lenders (the Lenders) party to the Loan and
Security Agreement (the Loan and Security Agreement), dated as of November 28, 2005, and Bank of
America, N.A., as Administrative Agent for the Lenders (Agent). The Waiver provides for the
waiver of any inability of Borrowers to satisfy the conditions precedent to borrowing as a result
of (i) the failure of the Company to file with the Securities and Exchange Commission (the SEC)
prior to the applicable deadline specified in the Exchange Act of 1934, and provide copies thereof
to the holders of its debt securities (or their representative trustees), any report or other
information as it would be required to file with the SEC under Section 13(a) or 15(d) of the
Exchange Act and any related notices or reports, on or before October 10, 2006, which date may be
extended through December 31, 2006 and further extended through March 31, 2006 at the option of the
Company (the SEC Reporting Waiver), or (ii) by reason of a restatement of any of Borrowers financial statements due to
possible accounting errors related to Amkors historical stock
option accounting practices. The SEC Reporting Waiver shall terminate
if any default or event of default occurs under the Loan and Security
Agreement (including any cross-default that may occur as a result of
an event of default under the indentures governing the Companys debt
securities). Each
Lender received a fee upon effectiveness of the Waiver in the amount of 10 basis points of each
Lenders revolving commitment, and shall receive an additional fee of 15 basis points and 25 basis
points of each Lenders revolving commitment if the waiver is extended to December 31, 2006 and
March 31, 2006, respectively.
A
copy of the Waiver is included herewith as exhibit 10.1 and is
incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits.
The following exhibit is filed herewith:
10.1 |
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Limited Waiver of Loan and Security Agreement, dated as of September
25, 2006, among Amkor Technology, Inc. and its Subsidiaries party
thereto, the Lenders party thereto, and Bank of America, N.A., as
Administrative Agent |
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