EXHIBIT 10.65

 

SANMINA-SCI CORPORATION NON-EMPLOYEE DIRECTOR COMPENSATION ARRANGEMENTS

 

Sanmina-SCI Corporation’s fiscal 2008 compensation arrangements for its
non-employee Directors are as follows:

 

Compensation Element

 

Amount

General Board service – cash

 

Annual cash retainer - $60,000(1)

 

 

Board meeting fees: $2,000 in-person, $1,000 telephonic

 

 

 

General Board service-Equity

 

Initial equity grant upon first becoming a Director and annually thereafter:

·                  Option to purchase 10,000 shares of Common Stock

·                  Restricted stock units to purchase 20,000 shares of Common
Stock

·                  Both grants vest monthly over 12 months

 

 

 

Lead Director

 

Additional cash retainer: $24,000(1)

 

 

 

Committee Chair service

 

Additional cash retainer: (1)

·                  Audit Committee: $20,000

·                  Compensation Committee: $20,000

·                  Nominating and Governance Committee: $20,000

 

 

 

Committee member service

 

Additional cash retainer: (1)

·                  Audit Committee: $10,000

·                  Compensation Committee: $10,000

·                  Nominating and Governance Committee: $10,000

·                  Special Litigation Committee: $5,000 per month

 

 

Committee meeting fees: $1,500(2)

 

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(1) Directors may elect to receive cash retainers in restricted stock with value
equal to 133% of the forgone cash compensation and which vests in full 12 months
after the date of grant.

 

(2) Per meeting fee not paid in the case of the Special Litigation Committee.

 

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