President and CEO SECOND AMENDED AND RESTATED SEVERANCE AGREEMENTPresident and Ceo • May 9th, 2022 • Allegro Microsystems, Inc. • Semiconductors & related devices • New Hampshire
THIS AGREEMENT (the “Agreement”) is entered into as of May 6, 2022 between Allegro MicroSystems, LLC, a Delaware limited liability company (“Allegro”), and Ravi Vig, President and Chief Executive Officer of Allegro (“Executive”).
EMPLOYMENT AGREEMENTEmployment Agreement • May 9th, 2022 • Allegro Microsystems, Inc. • Semiconductors & related devices • New Hampshire
THIS EMPLOYMENT AGREEMENT (the “Agreement”) entered into as of May 2, 2022, with employment commencing effective as of July 1, 2022 or such other mutually agreed date (the “Effective Date”) is made by and between Vineet Nargolwala (“Executive”) and Allegro MicroSystems, Inc., a Delaware corporation (together with any of its subsidiaries and affiliates as may employ Executive from time to time, and any successor(s) thereto, the “Company”).
Allegro MicroSystems, Inc.Allegro Microsystems, Inc. • May 9th, 2022 • Semiconductors & related devices
Allegro MicroSystems, Inc., (the “Company,” and together with any of its subsidiaries and affiliates, the “Company Group”) is grateful for your contributions and many years of dedicated service and wishes you well in your transition out of the Company. This letter agreement (the “Letter”) is to memorialize our agreement regarding your retirement and your assistance with the transition of your duties and responsibilities to a successor. Capitalized terms not defined herein shall have the meanings set forth in that certain Second Amended and Restated Severance Agreement by and between you and the Company, which is being entered into on the same date as this Letter (the “Severance Agreement”).
