Employment Agreement made as of the 30 th day of March, 2007.
SMTC Manufacturing Corporation, a corporation
incorporated under the laws of Ontario, Canada;
(hereinafter called the “Corporation”)
- and -
(hereinafter called the “Executive”)
WHEREAS the Executive is currently a Senior Vice President Business Development;
AND WHEREAS the Corporation and the Executive wish to enter into a written employment agreement with respect to the
compensation to be paid to the Executive and other matters relating to his employment with the Corporation;
NOW THEREFORE in consideration of the mutual covenants and agreements contained herein, the Corporation and the
Executive hereby agree as follows:
ARTICLE 1 - TERM, POSITION AND DUTIES
1.1 Term . The employment commenced on July 1, 1993.
1.2 Position . The Executive shall serve as the Senior Vice President Business Development of the Corporation. The Executive
shall be based out of the Corporation’s head offices located in Markham, Ontario.
1.3 Duties . The Executive shall perform such duties as are regularly and customarily performed by a senior executive of a public
corporation and in particular shall be responsible for leadership of company-wide sales and marketing. The Executive shall
report directly to the President and Chief Executive Officer of the Corporation.
ARTICLE 2 - THE EXECUTIVE’S OBLIGATIONS
2.1 Full Time and Effort . Throughout his term of employment, the Executive shall devote his full time, effort and attention to
the affairs of the Corporation and its Affiliates (the “Business”). The Executive shall not, without the prior approval of the
President and Chief Executive Officer, accept any other employment or serve as a director, consultant or partner of any
business or profit making enterprise or entity other than the Corporation and its Affiliates (the term “Affiliate” in this
Agreement shall have the meaning ascribed thereto in the Business Corporations