Executive Vice President Compensation and Promotion Letter Agreement – John Harris and Integer Holdings Corporation

Summary

This agreement outlines the terms of John Harris's promotion to Executive Vice President, Global Operations & Manufacturing Strategy at Integer Holdings Corporation. Effective January 19, 2024, Mr. Harris will receive an annual base salary of $410,000, a target short-term incentive award of 65% of eligible earnings, and a target long-term incentive award of $595,000 for 2024. The agreement also waives certain vesting requirements on a prior equity award, contingent on continued employment and signing a release of claims. All other employment terms remain unchanged.

EX-10.2 3 ex102johnharrisevpofferlet.htm EX-10.2 Document

EXHIBIT 10.2

January 19, 2024

John Harris

EVP, Global Operations & Manufacturing Strategy

John,

I am pleased to confirm our conversation regarding the changes to your compensation in connection with your promotion to EVP, Global Operations & Manufacturing Strategy. In this position, you will be a member of the Executive Leadership Team.

Base Compensation

Effective January 19, 2024, your base compensation will be at the annual rate of €410,000.

Short-Term Incentive Awards

Effective for the 2024 plan year, your target Short-Term Incentive award will be 65% of your eligible earnings. For 2024, your payout will be based on the performance of the Cardio and Vascular product category. Starting in 2025 your payout will be based on the performance of all product categories.

Long-Term Incentive Awards

Your target Long-Term Incentive Award is $595,000. The Compensation and Organization Committee of the Board of Directors ("the Committee") has granted you an award of this amount for 2024. Starting in 2025, your actual award may be higher or lower than this target amount as determined by the Committee. Long-Term Incentive awards will be delivered subject to the same vehicles, mix, terms, and conditions as for other similarly situated Executive Leadership Team members.

Prior Equity Award Granted on February 24, 2023

As you are aware, you were the recipient of a prior equity award which was granted on February 24, 2023 ("the Prior

Award”).The Committee has waived the vesting requirements on the Prior Award that requires you to retire on January 3, 2025. Vesting of the Prior Award remains contingent however on your continued employment through January 3, 2025, and your execution and delivery of a general release of claims related to your employment through January 3, 2025. A copy of the general release of claims to be signed by you, at that time, is attached.

Unless amended by this letter, I confirm that all other terms and conditions in your existing contract of employment remain unchanged.

John, I want to offer my sincere thanks for your continued partnership and outstanding leadership. Together we will achieve the results that will make the difference in Integer's long-term success.

Sincerely,

/s/ Joe Dziedzic

Joe Dziedzic

President & Chief Executive Officer

I have read and understood the terms and conditions in this letter and agree to its contents and to be bound by it.

/s/ John Harris 19/JAN/2024

John Harris