0000895419-07-000023 Sample Contracts

MASTER PERFORMANCE UNIT AWARD AGREEMENT TERMS AND CONDITIONS
Master Performance Unit Award Agreement • August 24th, 2007 • Cree Inc • Semiconductors & related devices • North Carolina

This Master Performance Unit Award Agreement (this “Master Agreement” or “Agreement”) is entered into between you (the “Participant” named below) and Cree, Inc., a corporation formed under the laws of the State of North Carolina (the “Company”).

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CREE, INC. CHARLES SWOBODA EMPLOYMENT AGREEMENT As Amended and Restated Effective August 21, 2007
Employment Agreement • August 24th, 2007 • Cree Inc • Semiconductors & related devices • North Carolina

Cree, Inc. (the “Company”) and Charles M. Swoboda (“Executive”) entered into an employment agreement (the “Agreement”) effective October 13, 2004 (the “Effective Date”). Cree and Executive hereby amend and restate the Agreement in its entirety (the “Revised Agreement”) in order to evidence formal compliance with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), and the guidance thereunder (collectively “Section 409A”). The Revised Agreement is effective August 21, 2007 (the “Amended Effective Date”).

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