SEVERANCE AGREEMENTSeverance Agreement • February 2nd, 2022 • Allegro Microsystems, Inc. • Semiconductors & related devices • New Hampshire
THIS AGREEMENT (the "Agreement") is entered into as of December 6, 2021, between Allegro MicroSystems, LLC., a Delaware limited liability company ("Allegro") and Sharon Briansky, Senior Vice President, General Counsel and Corporate Secretary of Allegro ("Executive").
LOAN AGREEMENTLoan Agreement • February 2nd, 2022 • Allegro Microsystems, Inc. • Semiconductors & related devices • Delaware
THIS LOAN AGREEMENT is made as of December 2nd, 2021, between Polar Semiconductor, LLC., a Delaware corporation headquartered at 2800 East Old Shakopee Road, Bloomington, Minnesota 55425 (“POLAR”), and Allegro Micro Systems, LLC (“Allegro”), a Delaware limited liability company, headquartered at 955 Perimeter Road, Manchester, New Hampshire 03103.
Allegro MicroSystems, Inc. 955 Perimeter Road Manchester, New Hampshire 03103 January 09, 2022 PERSONAL & CONFIDENTIAL BY EMAIL (pwalsh@Allegromicro.com) Paul Walsh Needham, MA 02492 RE: Consulting Agreement and General Release Dear Paul:Consulting Agreement • February 2nd, 2022 • Allegro Microsystems, Inc. • Semiconductors & related devices • Massachusetts
This letter outlines the terms of your separation from employment with Allegro MicroSystems, Inc. (the “Company”), as of February 4, 2022 (“Separation Date”), and the terms of your ongoing consulting arrangement with the Company, as of February 5, 2022. On your Separation Date, the Company will pay all compensation due to you from the Company through your Separation Date. The Company will also reimburse you for any outstanding, reasonable business expenses that you have incurred on the Company’s behalf through your Separation Date, after the Company’s timely receipt of appropriate documentation under the Company’s business expense reimbursement policy. Health coverage will end for you and any dependents at midnight on the Separation Date. You will also receive the vested portion of any outstanding equity awards that were previously granted to you under the Company’s 2020 Omnibus Incentive Compensation Plan (“Equity Plan”), as described in more detail in Section 3(c)(1). The compensatio
