CREE, INC. CHARLES SWOBODA EMPLOYMENT AGREEMENT As Amended and Restated Effective August 21, 2007Charles Swoboda 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”).
