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Kirk Thor
Executive Vice President & Chief Human Resources Officer
214.618.4984
kirk.thor@integer.net
    

September 14, 2018

Jason Garland

Dear Jason:

On behalf of Integer Holdings Corporation (“Integer” or the “Company”), I am
pleased to present you with this offer for the position of Executive Vice
President & Chief Financial Officer, reporting directly to the Company’s
President & Chief Executive Officer. In that role, you will be a member of the
Company’s Executive Leadership Team. Your position will be based at the
Company’s offices in Plano, Texas. “Effective Date‟ as used in this letter will
be the agreed upon employment start date.
You agree to the best of your ability and experience that you will, at all
times, loyally and conscientiously perform all of the duties and obligations
required of the position, and abide fully with the Company’s Code of Ethics.
During the term of your employment, you further agree that you will devote all
of your business time and attention to the business of the Company and that you
will not, directly or indirectly, engage or participate in any personal,
business, charitable or other enterprise that is competitive in any manner with
the business of the Company, whether or not such activity is for compensation.

Compensation

Through compensation, benefits and annual and long term incentive programs,
Integer provides its Executives with significant opportunities on a reward for
performance basis. The objective of these programs is to recognize and reward
individual and Company performance.

Base Salary: As of the Effective Date, your base salary will be $430,000 per
annum, earned and payable bi-weekly at a rate of $16,538.46. The Company will,
in good faith, review your performance and salary on an annual basis beginning
in 2020, and will consider appropriate increases in your salary based on your
performance and the successful achievement of agreed upon objectives. The
Company’s performance year is consistent with its fiscal year.

Incentive Awards: As a member of the Executive Leadership Team, you are directly
awarded for your individual performance and impact on the Company’s short and
long term success.

Beginning on the Effective Date, you will be eligible to participate in the
Company’s Short Term Incentive (STI) plan. The STI plan provides an award
reflecting your grade level and your contributions. Your 2018 STI incentive will
be 65% of your base salary at target, pro rated based on

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Jason Garland
September 14, 2018

the Effective Date. Depending on the performance results achieved, you can earn
up to 150% of the total target bonus.

Beginning in 2019, you will be eligible to participate in the Company’s Long
Term Incentive (LTI) Plan. Under the LTI plan you have the opportunity for
equity awards at significant levels. It is intended to reward performance that
drives Integer in the achievement of its strategic and operating goals. Your
2019 LTI incentive will be $690,000 at target. Based on the performance results
achieved, you can earn up to 150% of the performance based target amounts.

Special Equity Grant: We also are pleased to provide you with an equity grant
having an aggregate value of $600,000 consisting of Restricted Stock Units that
will vest in three equal annual installments beginning on the first anniversary
of the Effective Date. The number of Restricted Stock Units you will receive
will be determined by dividing the award value by the closing price per share of
the Company’s common stock on the New York Stock Exchange on the close of
business on the Effective Date. Such award will be documented through a separate
award agreement, which will be subject to approval by the Compensation &
Organization Committee of the Board of Directors as soon as practicable.

Sign-On Cash Bonus: Upon the Effective Date, you will be eligible for a $50,000
cash award that will be paid to you along with your base salary in the first
payroll after the Effective Date.

Your annual merit increase, STI, and LTI awards will be granted in conjunction
with the Company’s annual performance review process, which generally concludes
within 3 months of the end of the Company’s fiscal year. The STI and LTI awards
are determined each year by the Board of Directors based on an individual’s role
and performance. Your participation in both the STI and LTI plan is subject to
the terms of the plans which the Company modifies from time to time in its
discretion.

Other Benefits

You will be entitled to participate in the programs from time to time generally
offered to Associates of the Company, which currently include medical, dental
and vision coverage, a 401(k) plan, and other programs described in the attached
benefit summary. You also will be entitled to participate in the additional
programs offered to other Executive Officers of the Company. Those current
benefits currently include the following:

Life Insurance: At the Company’s expense and subject to you meeting the
underwriters’ insurability standards, term life insurance with a total face
value of $1,000,000, with the death beneficiary designated by you.

Integer.net
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Jason Garland
September 14, 2018

Disability: Participation in the Executive long term disability program
currently providing a benefit equal to 60% of base salary and short-term
incentive (short-term incentive is calculated using the average of payments from
the last two years), subject to a monthly maximum payment of $18,000.     
Executive Physical Examination: Consistent with our interest in you maintaining
your personal health, eligibility for the key management Physical Examination
Program.

Financial Planning Assistance: This benefit provides reimbursement of certain
expenses incurred in connection with your personal financial and estate
planning.
 
Director and Officer Liability and Fiduciary Insurance: You will be covered by
the Company’s Director and Officer Liability Insurance policies. In addition,
you will be covered by the Company’s fiduciary liability insurance for any
service related to employee benefit plans.

Homeowner Relocation: You will be eligible to participate in the Company’s
homeowner’s relocation program, as described in the enclosed policy and summary.

All plans, policies and programs are subject to change at any time at the sole
discretion of the Company.

Reimbursement of Expenses

You will be reimbursed for reasonable expenses that you may incur on behalf of
and at the request of the Company in the performance of your responsibilities
and duties, with the expectation that you will exercise reasonable and prudent
expense control practices that are subject to audit by a designated
representative of the Compensation and Organization Committee. Given that you
may be required to attend evening events and/or dinners, the Company will
reimburse you for related business travel, hotel and meal expenses.

Change of Control

If your employment is terminated following a Change of Control, as defined under
the Change of Control Agreement to be entered into between you and the Company,
the form of which is enclosed, the Company will provide you with the payments
and benefits to which you are entitled under the terms of the Change of Control
Agreement.

At-Will Employment

In accepting this new position with the Company, you certify that you understand
and accept that your employment will be on an at-will basis, and that except as
expressly set forth herein neither you nor

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Jason Garland
September 14, 2018

any Company representative has entered into a contract regarding the terms or
the duration of your employment. As an at-will employee, you will be free to
terminate your employment with the Company at any time, with or without cause or
advance notice. Likewise, the Company will have the right to terminate your
employment at any time, with or without cause or advance notice.

Termination of Employment

If at any time during your employment the Company terminates your employment for
reason other than Cause, you will be entitled to receive a severance benefit,
payable in a single lump sum cash payment, that is equal to the sum of one year
of your current base salary at the time of your termination of employment and
the amount the Company reasonably anticipates it would otherwise have
contributed to the Company’s medical plan on your behalf for the 12 months
following the date of termination, less applicable tax withholdings. As a
condition of receipt of the severance benefit, you will be required to execute a
Separation Agreement and Release satisfactory to the Company in its reasonable
discretion within 45 days after the date of termination of your employment and
not thereafter revoke the Separation Agreement and Release as permitted therein.
If you timely provide an effective Separation Agreement and Release to the
Company, the severance benefit will be paid on the 60th day following your
termination of employment. Notwithstanding the foregoing, no severance benefit
will be paid under this paragraph if a severance benefit is payable under the
Change of Control Agreement.

If your employment is terminated for cause, you will not be eligible for the
continuation of pay or benefits with the exception of accrued benefits. “Cause”
means a material breach of this agreement, gross negligence or willful
misconduct in the performance of your duties, dishonesty to the Company, or the
commission of a felony that results in a conviction of law.

Code Section 409A Compliance

It is intended that all terms and payments under this letter comply with and be
administered in accordance with Section 409A of the Internal Revenue Code (the
“Code”) so as not to subject you to payment of interest or any additional tax
under Code Section 409A. All terms of this letter that are undefined or
ambiguous will be interpreted in a manner that is consistent with Code Section
409A if necessary to comply with Code Section 409A. If payment or provision of
any amount or benefit under this letter at the time specified would subject such
amount or benefit to any additional tax under Code Section 409A, the payment or
provision of such amount or benefit will be postponed, if possible, to the
earliest commencement date on which the payment or provision of such amount or
benefit could be made without incurring such additional tax. The Company will,
to the extent reasonably possible, amend this letter in order to comply with
Code Section 409A and avoid the imposition of any interest or additional tax
under Code Section 409A; provided, however, that no amendment is required if
such amendment would change the amount payable by the Company under this letter.

Integer.net
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Jason Garland
September 14, 2018

Notwithstanding any other provision of the letter, if it is determined that you
are a Specified Employee and that any amount or benefit payable under this
letter (a) is subject to Code Section 409A and (b) is payable solely because you
have incurred a separation from service, then the amount or benefit will not be
paid (or begin to be paid) prior to the date that is six months after the date
of your separation from service (or, if earlier, your date of death). Payment of
any amount or benefit to which you would otherwise be entitled during the first
six months following the date of your separation from service will be
accumulated and paid on the day that is six months after the date of your
separation from service. For purposes of this letter, a “Specified Employee” is
an individual who is determined to be a “specified employee” within the meaning
of Code Section 409A.
Any reimbursement of expenses or in-kind benefits provided under this letter
subject to, and not exempt from, Code Section 409A will be subject to the
following additional rules: (i) any reimbursement of eligible expenses will be
paid on or before the last day of the calendar year following the calendar year
in which the expenses were incurred; (ii) the amount of expenses eligible for
reimbursement, or in-kind benefits provided, during any calendar year will not
affect the amount of expenses eligible for reimbursement, or in-kind benefits to
be provided, during any other calendar year; and (iii) the right to
reimbursement or in-kind benefits will not be subject to liquidation or exchange
for another benefit.

Status of Offer

This offer is contingent upon (1) the receipt of a negative result on your drug
test, (2) the receipt of satisfactory results of a pre-employment background
verification check, and (3) the acceptance of the Company’s Inventions,
Non-Disclosure and Non-Solicitation Agreement.  The federal government requires
all employers to verify an employee’s eligibility to work in the United States. 
Please bring documentation with you on your first day of employment to prove
your work eligibility status.

Acceptance
By accepting the offer presented in this letter, you represent that you are not
currently bound by any contractual provisions (including a non-compete clause or
other similar restriction, signed or agreed to with respect to your employment
by any present or former employer) that prevents, hinders or limits your ability
to work for the Company or any of its subsidiaries in the manner set forth in
this letter.
To the extent that you have any confidential or proprietary information of any
former employer, you acknowledge that you will keep all such information
confidential and will not disclose or make available, directly or indirectly, at
any time, any such information to the Company or any of its subsidiaries,
managers or employees.

Integer.net
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Jason Garland
September 14, 2018

To confirm your acceptance of this position, please sign this letter on the line
below and return to my attention via email at kirk.thor@integer.net.

Jason, we are looking forward to having you join Integer as a member of the
Executive Leadership Team.

Sincerely,

/s/ Kirk Thor

Kirk Thor
Executive Vice President & Chief Human Resources Officer

Understood, agreed and accepted:

/s/ Jason Garland__________                September 16, 2018
Jason Garland                                 Date

Enclosures:
•
Change of Control Agreement

•
Officer Indemnification Agreement

•
Inventions, Non-Disclosure and Non-Solicitation Agreement

•
Integer Relocation Policy - Homeowner

Integer.net
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