Document:

EX-10.1

 Exhibit 10.1 

SIGMATRON INTERNATIONAL, INC. 

2013 EMPLOYEE STOCK PURCHASE PLAN 

The following constitute the provisions of the 2013 Employee Stock Purchase Plan of SigmaTron International, Inc. (the “Company”).

 1. Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries with an
opportunity to purchase Common Stock of the Company through accumulated payroll deductions. It is the intention of the Company to have the Plan qualify as an “Employee Stock Purchase Plan” under Section 423 of the Code. The provisions
of the Plan, accordingly, shall be construed so as to extend and limit participation in a uniform and nondiscriminatory basis consistent with the requirements of Section 423. 

2. Definitions. 

(a) “Administrator” shall mean the Board or any Committee designated by the Board to administer the plan pursuant to
Section 14. 
 (b) “Board” shall mean the Board of Directors of the Company. 

(c) “Change of Control” shall mean the occurrence of any of the following events: 

(i) Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becomes the “beneficial owner” (as
defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing 50% or more of the total voting power represented by the Company’s then outstanding voting securities; or 

(ii) The consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets; or 

(iii) The consummation of a merger or consolidation of the Company, with any other corporation, other than a merger or consolidation which
would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least 50% of
the total voting power represented by the voting securities of the Company, or such surviving entity or its parent outstanding immediately after such merger or consolidation; or 

(iv) A change in the composition of the Board, as a result of which fewer than a majority of the Directors are Incumbent Directors.
“Incumbent Directors” shall mean Directors who either (A) are Directors of the Company, as applicable, as of the date hereof, or (B) are elected, or nominated for election, to the Board with the affirmative votes of at least a
majority of those Directors whose election or nomination was not in connection with any transaction described in subsections (i), (ii) or (iii) or in connection with an actual or threatened proxy contest relating to the election of
directors of the Company. 

 (d) “Code” shall mean the Internal Revenue Code of 1986, as amended. 

(e) “Committee” means a committee of the Board appointed by the Board in accordance with Section 14 hereof. 

(f) “Common Stock” shall mean the common stock of the Company. 

(g) “Company” shall mean SigmaTron International, Inc., a Delaware corporation. 

(h) “Compensation” shall mean all base straight time gross earnings, commissions overtime and shift premium, but
exclusive of payments for incentive compensation, bonuses and other compensation. 
 (i) “Designated Subsidiary”
shall mean any Subsidiary selected by the Administrator as eligible to participate in the Plan. 
 (j) “Eligible
Employee” shall mean any individual who is a common law employee of the Company or any Designated Subsidiary and whose customary employment with the Company or Designated Subsidiary is at least 20 hours per week and more than 5 months
in any calendar year. For purposes of the Plan, the employment relationship shall be treated as continuing intact while the individual is on sick leave or other leave of absence approved by the Company. Where the period of leave exceeds 90 days and
the individual’s right to reemployment is not guaranteed either by statute or by contract, the employment relationship shall be deemed to have terminated on the 91st day of such leave. 

(k) “Exercise Date” shall mean the last Trading Day of each of the Company’s fiscal quarters: which end April,
July, October and January. 
 (1) “Fair Market Value” shall mean, as of any date, the value of Common Stock
determined as follows: 
 (i) If the Common Stock is listed on any established stock exchange or a national market system, including without
limitation Nasdaq or the New York Stock Market, its Fair Market Value shall be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or system on the date of determination, as reported in
The Wall Street Journal or such other source as the Board deems reliable. If the Exercise Date falls on a weekend, holiday or other day when no closing sale price has been reported, the Fair Market Value will be the most previously reported closing
price; 
 (ii) If the Common Stock is regularly quoted by a recognized securities dealer but selling prices are not reported, its Fair
Market Value shall be the mean of the closing bid and asked prices for the Common Stock on the date of determination, as reported in The Wall Street Journal or such other source as the Board deems reliable; 

  
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 (iii) In the absence of an established market for the Common Stock, the Fair Market Value
thereof shall be determined in good faith by the Board; or 
 (iv) For purposes of the Grant Date of the first Offering Period under the
Plan, the Fair Market Value shall be the initial price to the public as set forth in the final prospectus included within the registration statement in Form S-1 filed with the Securities and Exchange Commission for the initial public offering of the
Company’s Common Stock (the “Registration Statement”). 
 (m) “Grant Date” shall mean the first
Trading Day of each of the Company’s fiscal quarters: which commence May, August, November and February. 
 (n) “Offering
Periods” shall mean the periods of approximately 3 months during which an option granted pursuant to the Plan may be exercised, commencing on the first Trading Day on or after November 1, 2013 and terminating on the last Trading
Day of January, 2014; provided, however, that the first Offering Period under the Plan shall commence on the later of (i) November 1, 2013 or (ii) the first Trading Day on or after the date on which the Securities and Exchange
Commission declares the Company’s registration statement on Form S-8 effective, and in either case ending on the last Trading Day of that fiscal quarter. The duration and timing of Offering Periods may be changed pursuant to Section 4 of
this Plan. 
 (o) “Plan” shall mean this Employee Stock Purchase Plan. 

(p) “Purchase Period” shall mean the approximately 3 month period commencing on one Exercise Date and ending with the
next Exercise Date, except that the first Purchase Period of any Offering Period shall commence on the Grant Date and end with the next Exercise Date. 

(q) “Purchase Price” shall mean the lower of 85% of the Fair Market Value of a share of Common Stock on the Grant Date
or the Exercise Date, provided however, that the Purchase Price may be adjusted by the Administrator pursuant to Section 20. 
 (r)
“Subsidiary” shall mean a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code. 

(s) “Trading Day” shall mean a day on which national stock exchanges and Nasdaq are open for trading. 

3. Eligibility. 

(a) First Offering Period. Any individual who is an Eligible Employee immediately prior to an Offering Period may enroll in any
Offering Period as provided in Section 5. Any Eligible Employee who becomes an Eligible Employee after a given Grant Date shall be eligible to participate in the Plan at the beginning of the next Offering Period. 

  
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 (b) Limitations. Any provisions of the Plan to the contrary notwithstanding, no
Eligible Employee shall be granted an option under the Plan (i) to the extent that, immediately after the grant, such Eligible Employee (or any other person whose stock would be attributed to such Eligible Employee pursuant to
Section 424(d) of the Code) would own capital stock of the Company and/or hold outstanding options to purchase such stock possessing 5% or more of the total combined voting power or value of all classes of the capital stock of the Company or of
any Subsidiary, or (ii) to the extent that his or her rights to purchase stock under all employee stock purchase plans of the Company and its subsidiaries accrues at a rate which exceeds $25,000 worth of stock (determined at the fair market
value of the shares at the time such option is granted) or             [25,000] shares of stock, whichever is lower, for each calendar year in which such option is outstanding at any
time. 
 4. Offering Periods. The Plan shall be implemented by consecutive, three-month Offering Periods with a new Offering
Period commencing on the first Trading Day of each of the Company’s fiscal quarters (commencing May 1, August 1, November 1 and February 1), or on such other date as the Board shall determine, and continuing
thereafter until the last Trading Day of the Company’s fiscal quarter, unless earlier terminated in accordance with Section 20 hereof; provided, however, that the first Offering Period under the Plan shall be as described in
Section 2(N). 
 5. Participation. 

(a) First Offering Period. An Eligible Employee shall be entitled to participate in the first Offering Period only if such
individual submits a subscription agreement authorizing payroll deductions to this Plan (i) no earlier than the effective date of the Form S-8 registration statement with respect to the issuance of Common Stock under this Plan and (ii) no
later than 5 business days (or such other number of days as determined by the Administrator) from the effective date of such S-8 registration statement (the “Enrollment Window”). An Eligible Employee’s failure to submit the
subscription agreement during the Enrollment Window shall result in the automatic termination of such individual’s participation in the Offering Period. 

(b) Subsequent Offering Periods. An Eligible Employee may become a participant in the Plan by completing a subscription agreement
authorizing payroll deductions to this Plan with the Company’s payroll office prior to the applicable Grant Date. Once an Eligible Employee becomes a participant in the Plan, the Eligible Employee remains a participant until he or she withdraws
from the Plan or his or her employment is terminated. 
 6. Payroll Deductions. 

(a) At the time a participant files his or her subscription agreement, he or she shall elect to have payroll deductions made on each pay day
during the Offering Period in an amount not exceeding 15% of the Compensation which he or she receives on each pay day 

  
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during the Offering Period; provided, however, that should a pay day occur on an Exercise Date, a participant shall have the payroll deductions made on such day applied to his or her account
under the new Offering Period or Purchase Period, as the case may be. A participant’s subscription agreement shall remain in effect for successive Offering Periods unless terminated as provided in Section 10 hereof. 

(b) Payroll deductions for a participant shall commence on the first payday following the Grant Date and shall end on the last payday in the
Offering Period to which such authorization is applicable, unless sooner terminated by the participant as provided in Section 10 hereof; provided, however, that for the first Offering Period, payroll deductions shall commence on the first
payday on or following the end of the Enrollment Window. 
 (c) All payroll deductions made for a participant shall be credited to his or her
account under the Plan and shall be withheld from the participant’s net pay in whole percentages only. A participant may not make any additional payments into such account. 

(d) A participant may discontinue his or her participation in the Plan as provided in Section 10 hereof, but may not increase or decrease
the rate of his or her payroll deductions, during the Offering Period by completing or filing with the Company an election of discontinuance for the next subsequent Offering Period. 

(e) A participant may increase or decrease the rate of his or her payroll deductions for future Offering Periods, but not during an Offering
Period, by filing with the Company a new subscription agreement authorizing a change in payroll deduction rate. The change in rate shall be effective with the first full Offering Period following 10 business days after the Company’s receipt of
the new subscription agreement unless the Company elects to process a given change in participation more quickly. 
 (f) At the time the
option is exercised, in whole or in part, or at the time some or all of the Company’s Common Stock issued under the Plan is disposed of, the participant must make adequate provision for the Company’s federal, state, or other tax
withholding obligations, if any, which arise upon the exercise of the option or the disposition of the Common Stock. At any time, the Company may, but shall not be obligated to, withhold from the participant’s compensation the amount necessary
for the Company to meet applicable withholding obligations, including any withholding required to make available to the Company any tax deductions or benefits attributable to sale or early disposition of Common Stock by the Eligible Employee. 

7. Grant of Option. On the Grant Date of each Offering Period, each Eligible Employee participating in such Offering Period shall
be granted an option to purchase on each Exercise Date during such Offering Period (at the applicable Purchase Price) up to a number of shares of the Company’s Common Stock determined by dividing such Eligible Employee’s payroll deductions
accumulated prior to such Exercise Date and retained in the Participant’s account as of the Exercise Date by the applicable Purchase Price; and provided that such purchase shall be subject to the limitations set forth in Sections 3(b) and 12
hereof. The 

  
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Administrator may, for future Offering Periods, increase or decrease, in its absolute discretion, the maximum number of shares of the Company’s Common Stock an Eligible Employee may purchase
during each Purchase Period of such Offering Period. Exercise of the option shall occur as provided in Section 8 hereof, unless the participant has withdrawn pursuant to Section 10 hereof. The option shall expire on the last day of the
Offering Period. 
 8. Exercise of Option. 

(a) Unless a participant withdraws from the Plan as provided in Section 10 hereof, his or her option for the purchase of shares shall be
exercised automatically on the Exercise Date, and the maximum number of full shares subject to option shall be purchased for such participant at the applicable Purchase Price with the accumulated payroll deductions in his or her account at the
brokerage firm of the Company’s choosing. No fractional shares shall be purchased; any payroll deductions accumulated in a participant’s account which are not sufficient to purchase a full share shall be retained in the participant’s
account for the subsequent Purchase Period or Offering Period, subject to earlier withdrawal by the participant as provided in Section 10 hereof. Any other funds left over in a participant’s account after the Exercise Date shall be
returned to the participant. During a participant’s lifetime, a participant’s option to purchase shares hereunder is exercisable only by him or her. 

(b) If the Administrator determines that, on a given Exercise Date, the number of shares with respect to which options are to be exercised may
exceed (i) the number of shares of Common Stock that were available for sale under the Plan on the Grant Date of the applicable Offering Period, or (ii) the number of shares available for sale under the Plan on such Exercise Date, the
Administrator may in its sole discretion (x) provide that the Company shall make a pro rata allocation of the shares of Common Stock available for purchase on such Grant Date or Exercise Date, as applicable, in as uniform a manner as shall be
practicable and as it shall determine in its sole discretion to be equitable among all participants exercising options to purchase Common Stock on such Exercise Date, and continue all Offering Periods then in effect, or (y) provide that the
Company shall make a pro rata allocation of the shares available for purchase on such Grant Date or Exercise Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among
all participants exercising options to purchase Common Stock on such Exercise Date, and terminate any or all Offering Periods then in effect pursuant to Section 20 hereof. The Company may make pro rata allocation of the shares available on the
Grant Date of any applicable Offering Period pursuant to the preceding sentence, notwithstanding any authorization of additional shares for issuance under the Plan by the Company’s stockholders subsequent to such Grant Date. 

9. Delivery. As soon as reasonably practicable after each Exercise Date on which a purchase of shares occurs, the Company shall
arrange the delivery to each participant the shares purchased upon exercise of his or her option in a form determined by the Administrator. 

  
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 10. Withdrawal. 

(a) A participant may withdraw all but not less than all the payroll deductions credited to his or her account and not yet used to exercise his
or her option under the Plan at any time by giving written notice to the Company. All of the participant’s payroll deductions credited to his or her account shall be paid to such participant promptly after receipt of notice of withdrawal and
such participant’s option for the Offering Period shall be automatically terminated, and no further payroll deductions for the purchase of shares shall be made for such Offering Period. If a participant withdraws from an Offering Period,
payroll deductions shall not resume at the beginning of the succeeding Offering Period unless the participant delivers to the Company a new subscription agreement. 

(b) A participant’s withdrawal from an Offering Period shall not have any effect upon his or her eligibility to participate in any similar
plan which may hereafter be adopted by the Company or in succeeding Offering Periods under this Plan which commence after the termination of the Offering Period from which the participant withdraws. 

11. Termination of Employment. Termination of a participant’s employment for any reason, including retirement, death or the
failure of a participant to remain an Eligible Employee of the Company or of a Designated Subsidiary, immediately terminates his or her participation in this Plan. In such event, the payroll deductions credited to the participant’s account
during the Offering Period but not yet used to purchase shares under the Plan will be returned without interest to him or her or, in the case of his or her death, to the person or persons entitled thereto under Section 15 hereof. For purposes
of this Section 11, an employee will not be deemed to have terminated employment or failed to remain in the continuous employ of the Company or of a Designated Subsidiary in the case of sick leave, military leave, or any other leave of absence
approved by the Board; provided that such leave is for a period of not more than 90 days or reemployment upon the expiration of such leave is guaranteed by contract or statute. 

12. Interest. No interest shall accrue on the payroll deductions of a participant in the Plan. 

13. Stock. 
 (a)
Subject to adjustment upon changes in capitalization of the Company as provided in Section 19 hereof, the maximum number of shares of the Company’s Common Stock which shall be made available for sale under the Plan shall be 400,000 shares
plus an annual increase to be added on the first day of the Company’s fiscal year beginning on May 1, 2014, equal to the lesser of (i) 50,000 shares, (ii) two percent of the outstanding shares on such date or (iii) an amount
determined by the Administrator. 
 (b) Until the shares are issued (as evidenced by the appropriate entry on the books of the Company or of
a duly authorized transfer agent of the Company), a participant shall only have the rights of an unsecured creditor with respect to such shares, and no right to vote or receive dividends or any other rights as a stockholder shall exist with respect
to such shares. 

  
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 (c) Shares to be delivered to a participant under the Plan shall be registered in the name of the
participant or in the name of the participant and his or her spouse. 
 14. Administration. The Administrator shall administer
the Plan and shall have full and exclusive discretionary authority to construe, interpret and apply the terms of the Plan, to determine eligibility and to adjudicate all disputed claims filed under the Plan. Every finding, decision and determination
made by the Administrator shall, to the full extent permitted by law, be final and binding upon all parties. 
 15. Designation
of Beneficiary. 
 (a) A participant may file a written designation of a beneficiary who is to receive any shares and cash, if any,
from the participant’s account under the Plan in the event of such participant’s death subsequent to an Exercise Date on which the option is exercised but prior to delivery to such participant of such shares and cash. In addition, a
participant may file a written designation of a beneficiary who is to receive any cash from the participant’s account under the Plan in the event of such participant’s death prior to exercise of the option. If a participant is married and
the designated beneficiary is not the spouse, spousal consent shall be required for such designation to be effective. 
 (b) Such designation
of beneficiary may be changed by the participant at any time by written notice. In the event of the death of a participant and in the absence of a beneficiary validly designated under the Plan who is living at the time of such participant’s
death, the Company shall deliver such shares and/or cash to the executor or administrator of the estate of the participant, or if no such executor or administrator has been appointed (to the knowledge of the Company), the Company, in its discretion,
may deliver such shares and/or cash to the spouse or to any one or more dependents or relatives of the participant, or if no spouse, dependent or relative is known to the Company, then to such other person as the Company may designate. 

(c) All beneficiary designations shall being such form and manner as the Administrator may designate from time to time. 

16. Transferability. Neither payroll deductions credited to a participant’s account nor any rights with regard to the
exercise of an option or to receive shares under the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 15 hereof) by the
participant. Any such attempt at assignment, transfer, pledge or other disposition shall be without effect, except that the Company may treat such act as an election to withdraw funds from an Offering Period in accordance with Section 10
hereof. 
 17. Use of Funds. All payroll deductions received or held by the Company under the Plan may be used by the Company
for any corporate purpose, and the Company shall not be obligated to segregate such payroll deductions. Until shares are issued, participants shall only have the rights of an unsecured creditor. 

  
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 18. Reports. Individual accounts shall be maintained for each participant in the
Plan. Statements of account shall be given to participating Eligible Employees at least annually, which statements shall set forth the amounts of payroll deductions, the Purchase Price, the number of shares purchased and the remaining cash balance,
if any. 
 19. Adjustments Upon Changes in Capitalization. Dissolution, Liquidation, Merger or Change of Control. 

(a) Changes in Capitalization. Subject to any required action by the stockholders of the Company, the maximum number of shares of
the Company’s Common Stock which shall be made available for sale under the Plan, the maximum number of shares each participant may purchase each Purchase Period (pursuant to Section 7), the number of shares that may be added annually to
the shares reserved under the Plan (pursuant to Section 13(a)(i), as well as the price per share and the number of shares of Common Stock covered by each option under the Plan which has not yet been exercised shall be proportionately adjusted
for any increase or decrease in the number of issued shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock, or any other change in the number of shares of Common
Stock effected without receipt of consideration by the Company; provided, however, that conversion of any convertible securities of the Company shall not be deemed to have been “effected without receipt of consideration.” Such adjustment
shall be made by the Administrator, whose determination in that respect shall be final, binding and conclusive. Except as expressly provided herein, no issuance by the Company of shares of stock of any class, or securities convertible into shares of
stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price of shares of Common Stock subject to an option. 

(b) Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Offering Period then
in progress shall be shortened by setting a new Exercise Date (the “New Exercise Date”), and shall terminate immediately prior to the consummation of such proposed dissolution or liquidation, unless provided otherwise by the Administrator.
The New Exercise Date shall be before the date of the Company’s proposed dissolution or liquidation. The Administrator shall notify each participant in writing, at least 10 business days prior to the New Exercise Date, that the Exercise Date
for the participant’s option has been changed to the New Exercise Date and that the participant’s option shall be exercised automatically on the New Exercise Date, unless prior to such date the participant has withdrawn from the Offering
Period as provided in Section 10 hereof. 
 (c) Merger or Change of Control. In the event of a merger or Change of
Control, each outstanding option shall be assumed or an equivalent option substituted by the successor corporation or a Parent or Subsidiary of the successor corporation. In the event that the successor corporation refuses to assume or substitute
for the option, any Purchase Periods then in progress shall be shortened by setting a New Exercise Date and any Offering Periods then in progress shall end on the New Exercise Date. The New Exercise Date shall be before the date of the
Company’s proposed merger or Change of Control. The Administrator shall notify each participant in writing, at least 10 business days prior to the New Exercise Date, that the Exercise Date for the participant’s option has been changed to
the New Exercise Date and that the participant’s option shall be exercised automatically on the New Exercise Date, unless prior to such date the participant has withdrawn from the Offering Period as provided in Section 10 hereof. 

  
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 20. Amendment or Termination. 

(a) The Administrator may at any time and for any reason terminate or amend the Plan. Except as otherwise provided in the Plan, no such
termination can affect options previously granted, provided that an Offering Period may be terminated by the Administrator on any Exercise Date if the Administrator determines that the termination of the Offering Period or the Plan is in the best
interests of the Company and its stockholders. Except as provided in Section 19 and this Section 20 hereof, no amendment may make any change in any option theretofore granted which adversely affects the rights of any participant. To the
extent necessary to comply with Section 423 of the Code (or any successor rule or provision or any other applicable law, regulation or stock exchange rule), the Company shall obtain shareholder approval in such a manner and to such a degree as
required. 
 (b) Without shareholder consent and without regard to whether any participant rights may be considered to have been
“adversely affected,” the Administrator shall be entitled to change the Offering Periods, limit the frequency and/or number of changes in the amount withheld during an Offering Period, establish the exchange ratio applicable to amounts
withheld in a currency other than U.S. dollars, permit payroll withholding in excess of the amount designated by a participant in order to adjust for delays or mistakes in the Company’s processing of properly completed withholding elections,
establish reasonable waiting and adjustment periods and/or accounting and crediting procedures to ensure that amounts applied toward the purchase of Common Stock for each participant properly correspond with amounts withheld from the
participant’s Compensation, and establish such other limitations or procedures as the Administrator determines in its sole discretion advisable which are consistent with the Plan. 

(c) In the event the Administrator determines that the ongoing operation of the Plan may result in unfavorable financial accounting
consequences, the Board may, in its discretion and, to the extent necessary or desirable, modify or amend the Plan to reduce or eliminate such accounting consequence including, but not limited to: 

(i) increasing the Purchase Price for any Offering Period including an Offering Period underway at the time of the change in Purchase Price;

 (ii) shortening any Offering Period so that Offering Period ends on a new Exercise Date, including an Offering Period underway at the
time of the Board action; and 
 (iii) allocating shares. 

  
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 Such modifications or amendments shall not require stockholder approval or the consent of any Plan participants.

 21. Notices. All notices or other communications by a participant to the Company under or in connection with the Plan shall
be deemed to have been duly given when received in the form and manner specified by the Company at the location, or by the person, designated by the Company for the receipt thereof. 

22. Conditions Upon Issuance of Shares. Shares shall not be issued with respect to an option unless the exercise of such option
and the issuance and delivery of such shares pursuant thereto shall comply with all applicable provisions of law, domestic or foreign, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as
amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance.

 As a condition to the exercise of an option, the Company may require the person exercising such option to represent and warrant at the
time of any such exercise that the shares are being purchased only for investment and without any present intention to sell or distribute such shares if, in the opinion of counsel for the Company, such a representation is required by any of the
aforementioned applicable provisions of law. 
 23. Term of Plan. The Plan shall become effective upon the approval of the Plan
by the Board of Directors. It shall continue in effect until October 31, 2023, unless earlier terminated pursuant to Section 20 hereof, or upon issuance of all of the Common Stock made available for sale under the Plan pursuant to
Section 13 have been sold. 

  
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 EXHIBIT A 

SIGMATRON INTERNATIONAL, INC. 

2013 EMPLOYEE STOCK PURCHASE PLAN 

SUBSCRIPTION AGREEMENT 
  

			
	             Original Application	  	Grant Date:                     
		
	             Change in Payroll Deduction Rate	  	
		
	             Change of Beneficiary(ies)	  	

 1.                     
hereby elects to participate in the SigmaTron International, Inc. 2013 Employee Stock Purchase Plan (the “Plan”) and subscribes to purchase shares of the Company’s Common Stock in accordance with this Subscription Agreement and the
Plan. 
 2. I hereby authorize payroll deductions from each paycheck in the amount of     % of my Compensation on each payday (from 0 to
    %) during the Offering Period in accordance with the Plan. (Please note that no fractional percentages are permitted.) 
 3. I
understand that said payroll deductions shall be accumulated for the purchase of shares of Common Stock at the applicable Purchase Price determined in accordance with the Plan and will be held without interest. I understand that if I do not withdraw
from an Offering Period, any accumulated payroll deductions will be used to automatically exercise my option. 
 4. I have received a copy of the complete
Plan. I understand that my participation in the Plan is in all respects subject to the terms of the Plan. 
 5. Shares purchased for me under the Plan should
be issued in the name(s) of (Eligible Employee or Eligible Employee and Spouse only). 
 6. I understand that if I dispose of any shares received by me
pursuant to the Plan within 2 years after the Grant Date (the first day of the Offering Period during which I purchased such shares) and one year after the Exercise Date, I will be treated for federal income tax purposes as having received ordinary
income at the time of such disposition in an amount equal to the excess of the fair market value of the shares at the time such shares were purchased by me over the price which I paid for the shares. I hereby agree to notify the Company or its
designated administrator in writing within 30 days after the date of any disposition of my shares and I will make adequate provision for Federal. state or other tax withholding obligations, if any, which arise upon the

  
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disposition of the Common Stock. The Company may, but will not be obligated to, withhold from my compensation the amount necessary to meet any applicable withholding obligation including any
withholding necessary to make available to the Company any tax deductions or benefits attributable to sale or early disposition of Common Stock by me. If I dispose of such shares at any time after the expiration of the 2-year and 1-year holding
periods, I understand that I will be treated for federal income tax purposes as having received income only at the time of such disposition, and that such income will be taxed as ordinary income only to the extent of an amount equal to the lesser of
(1) the excess of the fair market value of the shares at the time of such disposition over the purchase price which I paid for the shares, or (2) 15% of the fair market value of the shares on the first day of the Offering Period. The
remainder of the gain, if any, recognized on such disposition will be taxed as capital gain. 
 7. I hereby agree to be bound by the terms of the Plan. The
effectiveness of this Subscription Agreement is dependent upon my eligibility to participate in the Plan. 
  

			
	Name and Address of Participant (please print):	  	
		
	 	  	
		
	 	  	
		
	 	  	
		
	Social Security Number:	  	
		
	 	  	

 I UNDERSTAND THAT THIS SUBSCRIPTION AGREEMENT SHALL REMAIN IN EFFECT THROUGHOUT SUCCESSIVE OFFERING PERIODS UNLESS
TERMINATED BY ME. 
  

					
	Signature:	  	 	  	
			
	Date:	  	 	  	

  
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 EXHIBIT B 

SIGMATRON INTERNATIONAL, INC. 

2013 EMPLOYEE STOCK PURCHASE PLAN 

NOTICE OF WITHDRAWAL 
 The
undersigned participant in the Offering Period of the SigmaTron International, Inc. Employee Stock Purchase Plan which began on (the “Grant Date”) hereby notifies the Company that he or she hereby withdraws from the Offering Period. He or
she hereby directs the Company to pay to the undersigned as promptly as practicable all the payroll deductions credited to his or her account with respect to such Offering Period. The undersigned understands and agrees that his or her option for
such Offering Period will be automatically terminated. The undersigned understands further that no further payroll deductions will be made for the purchase of shares in the current Offering Period and the undersigned shall be eligible to participate
in succeeding Offering Periods only by delivering to the Company a new Subscription Agreement. 
  

			
	Name and Address of Participant (please print):	 	
		
	 	 	
		
	 	 	
		
	 	 	

  

					
	Signature:	  	 	  	
			
	Date:	  	 	  	

  
 Page 14 of 14EX-10.2

 Exhibit 10.2 

SIGMATRON INTERNATIONAL, INC. 

2013 NON-EMPLOYEE DIRECTOR RESTRICTED STOCK PLAN 

SECTION 1 

PURPOSES OF THE PLAN 
 The
purpose of this 2013 Non-Employee Director Restricted Stock Plan is to promote the success and interests of SigmaTron International, Inc. and enhance the stock ownership of the Directors of the Company by providing a method whereby Non-Employee
Directors receive a portion of their annual compensation in restricted shares of the Company’s Common Stock in accordance with this Plan. 

SECTION 2 

DEFINITIONS AND CONSTRUCTION 

2.1 Definitions. As used in the Plan, terms defined parenthetically immediately after their use shall have the respective meanings provided
by such definitions, and the terms set forth below shall have the following meanings (in either case, such terms shall apply equally to both the singular and plural forms of the terms defined): 

(a) “Award” means any Common Stock awarded under the Plan. 

(b) “Award Agreement” means the agreement, certificate or other instrument evidencing the grant of any Award under the Plan.

 (c) “Awarded Stock” means the Common Stock awarded to a Grantee pursuant to the Plan which is subject to any forfeiture
and/or restrictions on transferability in accordance with Section 6 of the Plan. 
 (d) “Board” means the Board of
Directors of the Company. 
 (e) “Cause” means: (i) a felony conviction of a Grantee or the failure of a Grantee to
contest prosecution for a felony; or (ii) a Grantee’s willful misconduct or dishonesty, any of which is determined by the Board to be directly and materially harmful to the business or reputation of the Company. 

(e) “Code” means the Internal Revenue Code of 1986, as amended from time to time, and any successor thereto. 

(f) “Committee” means the Compensation Committee of the Board. 

(g) “Common Stock” means the common stock of the Company. 

(h) “Company” means SigmaTron International, Inc., a Delaware corporation. 

(i) “Director” means a director serving on the Board. 

(j) “Disability” means permanent and total disability as determined under procedures established by the Board for purposes of
the Plan. 

 (k) “Exchange Act” means the Securities Exchange Act of 1934, as amended from
time to time, and any successor thereto. 
 (l) “Fair Market Value” means as of any specified date, the closing price of the
Common Stock on NASDAQ (or, if the Common Stock is not then listed on such exchange, such other national securities exchange or other market on which the Common Stock is then listed or admitted to trading, as the case may be) on that date, or if no
prices are reported on that date, on the last preceding date on which such prices of the Common Stock are reported. 
 (m) “Grant
Date” means the date on which the Committee granted an Award to a Grantee. 
 (n) “Grantee” means a Non-Employee
Director who has been granted an Award, or the personal representative, heir or legatee of the Grantee who has rights to Awarded Stock. 

(o) “Non-Employee Director” means a member of the Board who is not an employee of the Company or any Subsidiary of the
Corporation. 
 (p) “Plan” means this 2013 Non-Employee Director Restricted Stock Plan, as the same may be amended from time
to time. 
 (q) “Restriction Period” means the period during which shares of Awarded Stock are subject to forfeiture or
restrictions on transfer (if applicable) as described in Section 6 of the Plan and any applicable Award Agreement. 
 (r)
“Retirement” means a Non-Employee Director’s voluntary retirement from the Board. 
 (s) “Securities
Act” means the Securities Act of 1933, as amended from time to time, and any successor thereto. 
 2.2 Gender and Number. Except
where otherwise indicated by the context, reference to the masculine gender shall include the feminine gender, the plural shall include the singular and the singular shall include the plural. 

2.3 Severability. In the event any provision of the Plan shall be held illegal or invalid for any reason, the illegality or invalidity shall
not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had not been included. 

SECTION 3 
 SHARES
SUBJECT TO THE PLAN 
 3.1 Shares Available. The Common Stock to be offered under the Plan may be authorized, but unissued Common Stock
or Common Stock held in treasury. The aggregate number of shares of Common Stock subject to Awards under the Plan shall not exceed 50,000 shares, subject to the adjustments provided in Section 7. 

3.2 Canceled, Terminated or Forfeited Awards. Any shares of Common Stock subject to any portion of an Award which, in any such case and for
any reason, expires, or is canceled, terminated or otherwise forfeited, without the recipient having received any benefits of ownership (as such phrase is construed by the Securities and Exchange Commission or its staff), shall again be available
for distribution in connection with Awards under the Plan. 

  
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 SECTION 4 

ADMINISTRATION 

4.1 General. The Plan shall be administered by the Committee. Subject to the express provisions of the Plan, the Committee shall have
all of the powers to construe and interpret the Plan and to determine all questions that shall arise thereunder. Without limiting the foregoing, the Committee shall have authority to interpret the Plan, to prescribe, amend and rescind rules and
regulations relating to it, to determine the terms and provisions of the Awards and Agreements (which shall comply with and be subject to the terms and conditions of the Plan) and to make all other determinations necessary or advisable for the
administration of the Plan. Except to the extent otherwise provided by law, the Committee’s determination of the matters referred to in this Section 4.1 shall be conclusive, final and binding on the Company and the Grantees, their
heirs and/or beneficiaries. 
 4.2 Section 16 Compliance. It is the intention of the Company that the Plan and the administration of
the Plan comply in all respects with Section 16(b) of the Exchange Act and the rules and regulations promulgated thereunder. If any Plan provision, or any aspect of the administration of the Plan, is found not to be in compliance
with Section 16(b) of the Exchange Act, the provision or administration shall be deemed null and void, and in all events the Plan shall be construed in favor of its meeting the requirements of Rule 16b-3 promulgated under the Exchange
Act. 
 SECTION 5

ELIGIBILITY AND PARTICIPATION 

Participation in the Plan shall be limited to Non-Employee Directors. A director who is an employee of the Company and who retires or resigned from employment
with the Company and/or any of its subsidiaries, but remains a director of the Company, shall become eligible to participate in the Plan at the time of such termination of employment. Subject to the terms of the Plan, the Committee shall determine
the amount of, and terms of, all Awards to eligible Non-Employee Directors. 
 SECTION 6 

AWARD TERMS 
 6.1 Awards and
Certificates. 
 (a) Awarded Stock shall be evidenced in such manner as the Committee may deem appropriate, including book-entry
registration or issuance of one or more stock certificates. Any certificate issued in respect of any Award shall be registered in the name of the Grantee and shall bear an appropriate legend referring to the terms, conditions and restrictions
applicable to such Award, substantially in the following form: 
 “THE TRANSFERABILITY OF THIS CERTIFICATE AND THE SHARES OF STOCK
REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS (INCLUDING FORFEITURE) OF THE 2013 NON-EMPLOYEE DIRECTOR RESTRICTED STOCK PLAN OF SIGMATRON INTERNATIONAL, INC. AND AN AWARD AGREEMENT. COPIES OF SUCH PLAN AND AGREEMENT ARE ON
FILE AT THE OFFICES OF SIGMATRON INTERNATIONAL, INC.”
 (b) The Committee may require that the certificates evidencing such shares be
held in custody by the Company until the restrictions thereon shall have lapsed and that, as a condition of any Award, the Grantee shall have delivered a stock power, endorsed in blank, relating to the Common Stock covered by such Award. 

  
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 (c) Upon the end of the Restriction Period and provided that the Awarded Stock has not been
forfeited, the Company shall, upon the Grantee’s request or upon its own initiative, issue or have issued new certificates without the legend described in Section 6.1(a), in exchange for those certificates previously issued. 

6.2 Terms and Conditions. Awarded Stock shall be subject to the following terms and conditions: 

(a) Vesting. All Awarded Stock shall be vested on the six-month anniversary of the Grant Date. 

(b) Restrictions on Transfer. Subject to the provisions of the Plan and the Award Agreement referred to in Section 6.2(g), and
until the expiration of the six-month anniversary of the Grant Date (“Restriction Period”), the Grantee shall not be permitted to sell, assign, transfer, pledge or otherwise encumber Awarded Stock; however, the Grantee shall have
the right to receive dividends with respect to the Awarded Stock and to vote the shares of the Awarded Stock prior to the expiration of the Restriction Period. 

(c) Rights with Respect to Awarded Stock. Except as provided in Sections 6.2(b) and this 6.2(c) and the Award Agreement, the
Grantee shall have, with respect to the Awarded Stock, all of the rights of a holder of Common Stock including the right to vote the Awarded Stock and, if granted by the Board, the right to receive any cash dividends. 

(d) Forfeiture of Unvested Awarded Stock. Except to the extent otherwise provided in the applicable Award Agreement and Sections
6.2(a) and 6.2(f), if a Grantee ceases to be a Non-Employee Director of the Company for any reason other than death, Disability or Retirement, or Cause, all unvested Awarded Stock shall be forfeited as of the date the Grantee ceases to be a
Non-Employee Director. 
 (e) If a Grantee ceases to be a Director of the Company because of removal for Cause, all unvested Awarded Stock
shall be forfeited as of the date the Grantee ceases to be a Director. 
 (f) In the event of a Grantee’s death, Disability or
Retirement while a Director of the Company, all unvested Awarded Stock shall become fully vested and all restrictions (other than restrictions on transferability in the absence of registration of the Awarded Stock under the Securities Act or the
availability of an exemption therefrom), shall end as of the date of such death, Disability or Retirement. 
 (g) Each Award shall be
confirmed by, and be subject to, the terms of an Award Agreement. 
 (h) The Committee may at any time accelerate the vesting of all or any
portion of any Award or provide for the lapsing of any conditions or restrictions on any outstanding Award, or portion thereof. 

SECTION 7 

ADJUSTMENTS UPON CHANGE IN CAPITALIZATION 

Notwithstanding the limitations set forth in Section 3, in the event of a merger, reorganization, consolidation, recapitalization, reclassification,
split-up, spin-off, separation, liquidation, stock dividend, stock split, reverse stock split, property dividend, share repurchase, share combination, share exchange, issuance of warrants, rights or debentures or other change in corporate structure
of the Company affecting the Common Stock, the Committee shall make such substitution or adjustments in the aggregate number and kind of shares reserved for issuance under the Plan, in the number of shares subject to outstanding Awards, and/or such
other equitable substitution or adjustments as it may determine to be appropriate in its sole discretion; provided, however, that the number of shares subject to any Award shall always be a whole number. 

  
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 SECTION 8 

TERMINATION AND AMENDMENT 

The Committee shall have the right and power at any time and from time to time to amend or alter the Plan, in whole or in part, and at any
time to terminate the Plan, provided however, that an amendment to the Plan may be conditioned upon the approval of the stockholders of the Company if and to the extent the Committee determines that stockholder approval is necessary, appropriate, or
required by law or agreement. Notwithstanding the foregoing, any termination, amendment, or modification of the Plan shall not, in any material way, adversely affect any Awarded Stock previously granted under the Plan without the written consent of
the affected Grantee. 
 SECTION 9 

NO WITHHOLDING 
 Each
Grantee shall be responsible for the payment of any taxes required by law to be paid in respect of Awards under the Plan and the Company shall make no withholding with respect to any Award. 

SECTION 10 
 NO
RIGHT TO RE-ELECTION 
 Nothing in the Plan or in any Award granted pursuant to the Plan or any action taken under the Plan shall confer
on any individual any right to continue as a Non-Employee Director or director of the Company or to be re-nominated by the Board or re-elected by the stockholders of the Company. 

SECTION 11 
 TERM
OF THE PLAN 
 The Plan shall become effective only upon approval by the stockholders of the Company and, unless earlier terminated in
accordance with the provisions of the Plan, shall remain in effect for a term of ten (10) years from the date of such stockholder approval. 

SECTION 12 

GOVERNING LAW 
 To the
extent that state laws shall not have been preempted by any laws of the United States, the Plan shall be construed, regulated, interpreted and administered according to the laws of the State of Delaware without regard to its conflict of laws rules.

  
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