Employment Offer Letter, dated February 7, 2019 between the registrant and Kermit Nolan
February 7, 2019
Kermit Nolan San Jose, CA
I am pleased to inform you of your promotion to the position of Corporate Vice President & Chief Accounting Officer and Interim CFO.
Effective February 7, 2019, your annualized base salary will be $340,000, which is a 25% increase.
For Synaptics' fiscal year 2019, your annual incentive target will be prorated per the schedule below:
July 1, 2018 — February 6, 2019: 40% of your base salary
February 7, 2019 —June 29, 2019: 50% of your base salary
Payment of the incentive will be based first on company-wide performance, followed by department and individual goals annually. Payment of any incentive amount is ultimately at the discretion of Synaptics and is not guaranteed.
Subject to the approval of the Compensation Committee of the Board of Directors of the Company or their delegate, you will receive 12,500 Restricted Stock Units (RSUs) in February. Your RSUs shall vest as follows: 1/3 of the RSUs shall vest one year from vest base date, and 1/3 of the RSUs will vest each year thereafter on the anniversary of the delivery date such that your entire award will be fully vested in the calendar quarter of the third anniversary of the grant date.
I look forward to your continued contributions towards the success of Synaptics.
/s/ RA Bergman
ACCEPTED AND AGREED TO
This 7th day of February, 2019
Signature: /s/ Kermit Nolan
Synaptics Incorporated • 1251 McKay • San Jose, CA 95131 USA
Ph: 408 ###-###-#### • Fax: 408 ###-###-####