Employment Agreement, dated October 1, 1999 - Dr. Teera Achariyapaopan



 Exhibit 10.7 
  
 Private and confidential 
  
 EMPLOYMENT AGREEMENT 
  
 This agreement is made and entered into on this day the October 1, 1999 day and between:- 
  

	 	a)	 	FABRINET COMPANY LIMITED 


	 	  	 	of 294 Moo 8, Vibhavadi Rangsit Road, 


	 	  	 	Lumlookka, Patumthanee 12130, 


	 	  	 	(hereinafter called “The employer”) and 

  

	 	b)	 	Dr. Teera Achariyapaopan 


	 	  	 	20/12 Moo 17, Kookot, 


	 	  	 	Lumlookka, Patumthanee 12130, 


	 	  	 	(hereinafter called “The employee”) 

  
 The parties agree that the employer shall employ the employee to render services to the employer under the terms and conditions as follows:- 

 

							
	1)	  	EFFECTIVE DATE OF EMPLOYMENT	  	:	  	January 1, 2000
				
	2)	  	POSITION :	  	:	  	Senior Vice President and Managing Director
				
	3)	  	CATEGORY OF EMPLOYMENT	  	:	  	EXEMPT (E13)
				
	4)	  	PAY AND ALLOWANCES	  	:	  	

  

	 	4.1	 	Remuneration shall be paid to the employee:- 


	 	4.1.1	 	US$ 250,000 per annum. 


	 	4.1.2	 	Pay increases are subject to individual performance and shall be made only at the employer’s discretion. 


	 	4.2	 	Life and medical insurance shall be provided from the hiredate in accordance with the employer’s policies. 


	 	4.3	 	All payment due the employee shall be deposited directly into the employee’s bank account in the employee’s name with a payroll slip documenting such payment provided to
the Employee. 

  

							
	5)	  	PERSONAL INCOME TAX:	  		  	

 All amounts paid under paragraph 4 above shall be gross amounts. The employee shall be liable for
his personal income tax which may be withheld by the Employer. 







 Private and confidential 
  

							
	6)	  	LEAVE.	  		  	

 The employee is entitled to the number of days of paid annual vacation in accordance with the
Company’s Work Rules & Regulation. The date of the employee’s vacation should be consented to by the employer well in advance of the proposed vacation date. 
  

							
	7)	  	WORKING HOURS:	  		  	

 The working hours shall be from Monday through Friday, 40 working hours per week, working times to
be determined by the employer. 
  

							
	8)	  	TERMINATION:	  		  	

 Notice of termination can be given by either party in writing not less than thirty (30) days
before the actual termination date. 
  

							
	9)	  	EMPLOYMENT CONDITIONS AND DUTIES ASSIGNMENT

 The administration of all employment conditions and duty assignments is subject to compliance with
the employer policies as amended from time to time. The employer reserves the right to alter or abolish the said conditions and to assign the employee to any position as the employer deems necessary. It is expected that at all times the employee
shall conduct himself in a business like manner. The employee shall at all time during employment comply with the rules and regulations of the employer and lawful orders of the employer’s representatives assigned to supervise the employee. The
employee may be dismissed from employment for violation of any terms of employment or for committing any criminal or civil wrong during employment. 
  

					
		 		 	
		
	The Employer	 	/s/ David T. Mitchell
		 		 	Mr. David T. Mitchell, Director
		
	Date	 	October 1, 1999


  
 I accept and
acknowledge my full understanding of the above terms and conditions. 
  

					
		
	The Employee	 	/s/ Dr. Teera Achariyapaopan
		 		 	Dr. Teera Achariyapaopan
		
	Date	 	October 1, 1999