MAXIM INTEGRATED PRODUCTS, INC.
CHANGE IN CONTROL EMPLOYEE SEVERANCE PLAN
FOR NON-U.S. BASED EMPLOYEES
This Change in Control Employee Severance Plan (this “ Plan ”) is hereby adopted for the benefit of certain
employees of the Company (as defined herein) on the terms and conditions stated below. The Plan is intended to
help the Company retain and recruit qualified employees, maintain a stable work environment, and provide economic
benefits set forth in the Plan to eligible employees if their employment with the Company is terminated without
Cause (as defined herein) or for Good Reason (as defined herein) within 24 months after, or within a defined period
before, a Change in Control (as defined herein) occurs.
Definitions. For the purpose of this Plan:
“ Agency Personnel" shall mean persons who are engaged through a third-party agency.
“ Affiliate ” means, with respect to any individual or entity, any other individual or entity who,
directly or indirectly through one or more intermediaries, controls, is controlled by or is under common control with,
such individual or entity.
“ Board ” means the Board of Directors of the Parent.
“ Cause ” means that the Eligible Employee has: (a) willfully and continually failed to substantially
perform, or been grossly negligent in the discharge of, his or her duties to the Company (other than by reason of a
“disability” or “serious medical condition” as such terms are defined under applicable law), which failure or
negligence continues for a period of 10 business days or more after a written demand for performance is delivered
to the Eligible Employee by the Company, which reasonably identifies the manner in which the Company believes
that the Eligible Employee has not substantially performed, or been grossly negligent in the discharge of, his or her
duties; (b) been convicted of or pled nolo contendere to a felony; or (c) breached any agreement with, fiduc