0000950170-24-042613 Sample Contracts

EXECUTIVE SEVERANCE AND RETENTION AGREEMENT
Executive Severance and Retention Agreement • April 8th, 2024 • Methode Electronics Inc • Electronic connectors

This Executive Severance and Retention Agreement (this “Agreement”), dated effective this 8th day of April 2024 (“Effective Date”), by and between Methode Electronics, Inc., a Delaware corporation (the “Company”), and Avinash Avula (“Executive”). This Agreement sets forth the terms and conditions of contingent severance arrangements between the Company and Executive and cancels and supersedes all other severance-related agreements between the parties (except it does not cancel and supersede the Change in Control Agreement between Executive and the Company).

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RETENTION AND CONSULTING AGREEMENT
Retention and Consulting Agreement • April 8th, 2024 • Methode Electronics Inc • Electronic connectors • Illinois

This Retention and Consulting Agreement (this “Agreement”), effective as of April 8, 2024 (the “Effective Date”), is entered into by and between Methode Electronics, Inc., a Delaware corporation (the “Company”), and Ronald L.G. Tsoumas (“Executive”). The Company and Executive may be referred to individually as a “Party” or collectively as the “Parties.”

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