Offer Letter for David Weigand

EX-10.58 7 smci-ex1058_2019630x10k.htm EXHIBIT 10.58 Exhibit

Exhibit 10.58

April 13, 2018

David Weigand

Re:     Employment Offer

Dear David,

We are pleased to offer you employment with Super Micro Computer, Inc. ("the Company") in a full time position as a Chief Compliance Officer, in our facility located at San Jose, CA, where you should report to Charles Liang, President. This is an exempt position. Your starting date will be April 30, 2018.
Your starting compensation will be $270,000 annually, paid semi-monthly.
In addition, during your first 4 quarters of employment, you will be offered a special bonus in the amount of $15,000 per quarter. Payment will be processed at the end of each quarter with applicable employment taxes and withholdings will be deducted.
The Company will recommend to the Board of Directors, in accordance with the Company's Grant Recommendation and Vesting Schedule, that they approve an award of 10,000 Restricted Stock Units [and 20,000 Stock Options] (the "Award"). You must remain employed by the Company at the time of the Board of Directors meeting in order to be eligible for a recommended award. Any such Award will be subject to the terms and conditions of the Super Micro Computer, Inc. 2016
Equity Incentive Plan and of the Restricted Stock Units Agreement [and Stock Option Plan Agreement] between you and the Company, the terms and conditions of which shall be controlling. Generally speaking, however, each unit represents the right to receive one (1) share of the Company's common stock on the applicable settlement date following vesting of the unit, and 25% of the units [and options] awarded will vest each year over a 4-year period of your continuous employment with the Company.
You will also be eligible to participate in the employment benefits programs and plans which are generally made available to the Company's full-time employees, as amended by the Company at its discretion from time to time. Your first 90 days of employment are considered an Introductory Period.

980 Rock Avenue • San Jose, CA 95131 USA • Tel: (408) 503-8000 • Fax: (408) 503-8047 •

When you arrive to work, you will receive a copy of the Company's Employee Handbook which describes our current benefits, and their eligibility requirements, in more detail. You will be required to sign the Employee Acknowledgment and Agreements form found at the end of our Employee Handbook as a condition of your employment.
In accordance with our At Will Employment Policy, your employment will be on an "at will" basis. This means that either you or the Company can terminate your employment at any time, with or without prior notice, for any reason or for no reason at all.
As a condition of employment, you must agree to arbitrate any disputes arising from your employment or termination of employment in accordance with the Company's Arbitration of Disputes Policy. You will be required to sign the Company's Arbitration Agreement before you start work.
You will also be required, as a condition of employment, to sign the Company's Employee Confidential Information, Non-Solicitation And Inventions Agreement, which generally provides that you will not disclose or misappropriate the Company's confidential, proprietary information and trade secrets, or any other information concerning the business, finances, transactions or affairs of the Company which may come to your knowledge during your employment with the Company, to the maximum extent permissible by law. You also must agree that you will not disclose or misuse any confidential or trade secret information belonging to any other person, including a prior employer, and before you start work you must provide us with a copy of any agreement between you and any other person or entity, including any prior employer, which deals with their confidential or trade secret information and/or which might prevent you from working for another employer, like the Company; note that this offer is contingent upon the Company's review of any such agreement.
This offer is contingent upon your satisfactory completion of an Employment Application and an I-9 Form employment eligibility verification, and your signing all required employment documents, including the Employee Acknowledgment and Agreements form (which includes an At Will Employment Agreement, a Confidentiality and Information Systems Agreement, and an Arbitration Agreement) and our Employee Confidential Information, Non-Solicitation And Inventions Agreement. Employment is also contingent upon the receipt of approved results of any background check and employment reference checks.
Please indicate your acceptance of this employment offer by signing and returning the original of this letter to me on or before April 16, 2018. If I have not received your signed acceptance by that date, this offer will expire of its own accord. Of course, you should keep a copy of this letter and your signed acceptance for your own records also.
You need to attend the next available Orientation after your Starting Date. You will be notified by HR concerning your Orientation date.
Please remember to bring proof of eligibility to work in the United States with you on your first day of employment.

980 Rock Avenue • San Jose, CA 95131 USA • Tel: (408) 503-8000 • Fax: (408) 503-8047 •

We take this opportunity to welcome you to Super Micro Computer, Inc. and trust that your association with us will be mutually beneficial and rewarding.

/s/ Sara Liu
Sara Liu
Chief Administration Officer

I agree to the foregoing.
Dated: 4/16/2018 /s/ David Weigand
Candidate signature

980 Rock Avenue • San Jose, CA 95131 USA • Tel: (408) 503-8000 • Fax: (408) 503-8047 •