Exhibit 10.99.1
Amendment of the Lease Agreement between Catalyst Semiconductor International and Stars Microelectronics (Thailand) Public Company Limited
This Amendment of the Lease Agreement (this “Amendment”) entered into effective February 24, 2006 between Catalyst Semiconductor International Inc. and Stars Microelectronics (Thailand) Public Company Limited is necessary since we have incorporated Catalyst Semiconductor (Thailand) Company Limited. This Amendment is made and entered into on October 19, 2006. This Amendment will cover the following sections. All other sections remain unchanged.
Section 1: Parties
The Tenant name will be changed from Catalyst Semiconductor International, Inc. to Catalyst Semiconductor (Thailand) Company Limited.
Section 2: Premises
The effective dates of the three phases of the lease agreement will be revised to the following;
Phase I: 1 November, 2006
Phase II: 1 March, 2007
Phase III: 1 December, 2007
Section 3: Term
The term of the lease shall be for 5 years commencing on November 1st, 2006 and ending on November 1st, 2011 unless sooner terminated pursuant to any provisions hereof.
Section 7: Insurance
The insurance amount that Tenant shall maintain of public liability and property damage insurance will be revised to the amount of 5,000,000.00 Baht from 10,000,000.00 Baht.
IN WITNESS WHEREOF, the parties hereto have caused this agreement to be duly executed, such parties acting by their representatives being thereunto duly authorized.
Catalyst Semiconductor (Thailand) | | Stars Microelectronics (Thailand) |
Company Limited | | Public Company limited. |
Bangpa-in Industrial Estate (EPZ) 586 Moo2, | | Bangpa-in Industrial Estate (EPZ) 586 Moo2, |
Tambol Klongjig, Amphur | | Tambol Klongjig, Amphur |
Bangpa-in, Ayudthaya 13160, Thailand | | Bangpa-in, Ayudthaya 13160, Thailand |
/s/ Gelu Voicu | | | /s/ Pitak Sirivanasandha | |
By (Authorized Signature) | | By (Authorized Signature) |
| | |
Mr. Gelu Voicu | | | Mr. Pitak Sirivanasandha | |
Name (Type or Print) | | Name (Type or Print) |
| | |
Chairman | | | Chief Executive Officer | |
Title | | Title |
| | |
October 19, 2006 | | | October 19, 2006 | |
Date | | Date |
| | |
| | |
/s/ Pichest Boonchanya | | | /s/ Somsak Owatanapanich | |
By (Authorized Signature) | | By (Authorized Signature) |
| | |
Mr. Pichest Boonchanya | | | Mr. Somsak Owatanapanich | |
Name (Type or Print) | | Name (Type or Print) |
| | |
President | | | Executive Vice President | |
Title | | Title |
| | |
October 19, 2006 | | | October 19, 2006 | |
Date | | Date |
