0000866374-19-000003 Sample Contracts

FLEX LTD. 2017 EQUITY INCENTIVE PLAN FORM OF RESTRICTED SHARE UNIT AWARD AGREEMENT
Restricted Share Unit Award Agreement • February 6th, 2019 • Flex Ltd. • Printed circuit boards • California

than any such failure resulting from his incapacity due to physical or mental illness) after a written demand for substantial performance is delivered to the Participant by the Company or the Employer which demand specifically identifies the manner in which the Company or the Employer believes that the Participant has not substantially performed his duties, (b) the willful engaging by the Participant in conduct which is demonstrably and materially injurious to the Company or its Subsidiaries, monetarily or otherwise, or (c) the Participant’s conviction of, or entering a plea of nolo contendere to, a felony. For purposes of clauses (a) and (b), no act or failure to act on the Participant’s part shall be deemed “willful” unless done, or omitted to be done, by the Participant not in good faith or without reasonable belief that his action or omission was in the best interest of the Company and its Subsidiaries. For purposes of this Agreement, “Good Reason” shall mean, with respect to the P

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SEPARATION AGREEMENT AND RELEASE OF CLAIMS
Separation Agreement • February 6th, 2019 • Flex Ltd. • Printed circuit boards • California

This Separation Agreement is entered into between Flex Ltd. and any predecessor, successor, subsidiary or affiliated company (collectively, the “Company”) and Michael M. McNamara (“Executive”). In consideration of the mutual promises set forth below, the Company and Executive have agreed as follows:

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