LINEAR TECHNOLOGY CORPORATION
ROBERT H. SWANSON, JR. EMPLOYMENT AGREEMENT
This Agreement is made by and between Linear Technology Corporation (the "Company") and Robert H.
Swanson, Jr. ("Executive").
1. Duties and Scope of Employment.
(a) Positions; Agreement Commencement Date; Duties. Executive's coverage under this Agreement shall
commence upon the date this Agreement has been signed by both parties hereto (the "Agreement
Commencement Date"). Following the Agreement Commencement Date, Executive shall continue to serve as
Chief Executive Officer and Chairman of the Board of Directors of the Company (the "Board"), reporting to the
Board. The period of Executive's employment hereunder is referred to herein as the "Employment Term." During
the Employment Term, Executive shall render such business and professional services in the performance of his
duties, consistent with Executive's position within the Company, as shall reasonably be assigned to him by the
(b) Obligations. During the Employment Term, Executive shall devote his full business efforts and time to the
Company. Executive agrees, during the Employment Term, not to actively engage in any other employment,
occupation or consulting activity for any direct or indirect remuneration without the prior approval of the Board;
provided, however, that Executive may serve in any capacity with any civic, educational or charitable
organization, or as a member of corporate Boards of Directors or committees thereof, without the approval of
the Board, unless such service involves a conflict of interest with the Company's business.
(c) Employee Benefits. During the Employment Term, Executive shall be eligible to participate in the employee
benefit plans maintained by the Company that are applicable to other senior management to the full extent
provided for under those plans.
2. At-Will Employment. Executive and the Company understand and acknowledge that Executive's employment
with the Company constitutes "at-will" employment. Subject