Document:

EX-10.6

 Exhibit 10.6 

AMENDED AND RESTATED MASTER CONSULTING SERVICES AGREEMENT 

This Amended and Restated Master Consulting Services Agreement (this “Agreement”), dated August 11, 2015 and effective
as of January 1, 2015 (the “Effective Date”), by and between Ichor Systems, Inc. (the “Company”) and Francisco Partners Consulting, LLC, a Delaware limited liability company (“FPC”). This
Agreement supersedes all prior agreements between the Company and FPC, including, for the avoidance of doubt, that certain Master Consulting Agreement, dated June 9, 2015 and effective as of January 1, 2015, by and between the Company and
FPC. 
 RECITALS 

WHEREAS, the Company wishes to engage FPC for various consulting services based on the terms set forth herein; and WHEREAS, FPC is in the
business of providing, and wishes to provide, such services. 
 AGREEMENT 

NOW, THEREFORE, in consideration of the foregoing and the mutual promises and covenants contained herein, the parties agree as
follows: 
  

	1.	Services 

  

	1.1.	Services. FPC shall perform, or cause to be performed, the following operational consulting services (the “Services”) for the Company or its Affiliates, which may include the following, without
limitation. 

  

	 	1.1.1.	Executive operational consulting 

  

	 	•	 	Executive coaching 

  

	 	•	 	Organization structure optimization 

  

	 	•	 	Financial performance assessment 

  

	 	•	 	Executive scorecards 

  

	 	•	 	Business line margin and performance review 

  

	 	•	 	Executive training, networking and conferences 

  

	 	1.1.2.	Human capital management consulting 

  

	 	•	 	Leadership assessment 

  

	 	•	 	Executive search liaison 

  

	 	•	 	Domestic and international organization restructuring support 

	 	•	 	HR best practices 

  

	 	•	 	Employee testing and ranking 

  

	 	•	 	Insurance and benefits review 

  

	 	•	 	Employee satisfaction testing 

  

	 	1.1.3.	Procurement and supply chain optimization 

  

	 	•	 	Vendor and supplier review 

  

	 	•	 	Procurement best practices 

  

	 	•	 	Group-based volume procurement 

  

	 	1.1.4.	Sales and marketing consulting 

  

	 	•	 	Branding support 

  

	 	•	 	Price optimization 

  

	 	•	 	Lead generation 

  

	 	•	 	Coverage assessment/channel review 

  

	 	•	 	Recruiting and on-boarding 

  

	 	•	 	Solution sales training 

  

	 	•	 	Demo process improvement 

  

	 	•	 	Deal desk process implementation 

  

	 	1.1.5.	Research and development consulting 

  

	 	•	 	Product management 

  

	 	•	 	Architecture and code assessment 

  

	 	•	 	Produce usability enhancement 

  

	 	•	 	Development procedure review 

  

	 	1.1.6.	Professional services consulting 

  

	 	•	 	On-time delivery procedures 

  
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	 	•	 	Utilization, rate and wage analytics 

  

	 	•	 	Escalation and rate analytics 

  

	 	•	 	Customer satisfaction surveys 

  

	 	•	 	Contract length review 

 “Affiliate” of an entity means any other entity (whether domestic or
foreign) which, directly or indirectly, controls, is controlled by or is under common control with such entity, where control means the ability to direct the affairs of an entity through ownership of voting interest, contract rights or otherwise.

  

	1.2.	Changes in Scope or Additional Services. Company may request that FPC perform additional services for Company. Within a reasonable period (not to exceed fifteen (15) business days) after receiving such a
request from Company, FPC shall prepare and submit a written proposal that: (i) defines and describes how FPC would fulfill or satisfy such request, and describes any additional services to be provided by FPC in reasonable detail;
(ii) sets forth pricing and specifications anticipated by FPC in connection with fulfilling such request; and (iii) sets forth any other information FPC considers appropriate for inclusion. No additional services shall be binding upon
Company or FPC unless executed and delivered by an authorized signatory of such party. A “business day” means any week day other than a day designated as a holiday. 

 

	1.3.	Personnel. FPC shall staff its project team with qualified professionals. FPC shall maintain staffing levels as necessary to properly perform FPC’s obligations under this Agreement. FPC may utilize
subcontractors in the performance of the Services; however, if Company determines that the performance or conduct of any subcontractor is unsatisfactory, Company may notify FPC of its determination in writing, indicating the reasons therefor, in
which event FPC shall promptly take all necessary actions to remedy the performance or conduct of such subcontractor and, if so requested by the Company, to replace such subcontractor. 

 

	1.4.	Project Management. The Company and FPC shall consult with each other with regard to project management and decision making related to the Services. 

 

	2.	Price and Payments 

  

	2.1.	Total Fee. The total consideration payable to FPC in consideration of the Services to be performed under this Agreement is $600,000 (the “Service Fee”). Company shall reimburse FPC for reasonable
out of pocket expenses incurred by FPC in providing Services including, without limitation, costs of travel. 

  

	2.2.	Invoicing and Payment. FPC shall invoice the Company on June 15, 2015 for 50% of the Service Fee and August 15, 2015 for 50% of the Service Fee. FPC shall invoice the Company quarterly in arrears for
expense reimbursements permitted hereunder. Each expense reimbursement invoice rendered by FPC shall include a reasonably detailed summary of the expenses reflected therein. The Company shall promptly pay each invoice issued by FPC hereunder within
fifteen (15) calendar days after its receipt. 

  
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	2.3.	Discretionary Refund. Prior to the end of the Term, FPC may, in its sole discretion, refund a portion of fees received hereunder to the Company. Such refund is intended to ensure FPC’s aggregate revenue
meets the costs associated with providing services. 

  

	2.4.	Taxes. The Company shall pay any and all applicable taxes, however designated, incurred as a result of or otherwise in connection with this Agreement or the Services, excluding taxes based upon or measured by the
net income of FPC. 

  

	3.	Work Product and Proprietary Materials. All work product and general knowledge owned by FPC or created or acquired thereafter (collectively, “FPC Work Product”), shall continue to be owned
exclusively by FPC and Company shall not have any rights thereto except as provided herein. To the extent any FPC Work Product is used or embodied in the performance of the Services or otherwise delivered to Company hereunder, FPC grants Company and
its Affiliates a worldwide, perpetual, nontransferable, royalty-free license to use such FPC Work Product for Company’s internal purposes during the Term of this Agreement. 

 

	4.	Confidential Information 

  

	4.1.	Protection of Confidential Information. During the Term and except as permitted herein, neither party shall disclose to any non-Affiliated third party, and each party shall keep strictly confidential, all
Confidential Information of the other party. Each party receiving any such Confidential Information of the other (a “Receiving Party”) may, however, disclose any portion of the Confidential Information of the other party (the
“Disclosing Party”) to such officers, directors, partners, principals, employees, affiliates (but only to the extent such affiliates receive confidential information), advisors (including legal advisors, consultants,
accountants and financial advisors), and authorized independent contractors or agents (collectively, “Representatives”) of the Receiving Party as are engaged to assist in providing the Services contemplated by this Agreement and
have a need to know such portion, provided that Representatives: (i) are directed to treat such Confidential Information confidentially and not to use such Confidential Information other than as permitted by hereby, and (ii) are subject to
a fiduciary, contractual or other duty to maintain the confidentiality thereof. The Receiving Party shall be responsible for any improper use or disclosure of any of the Disclosing Party’s Confidential Information by any of the Receiving
Party’s Representatives. 

  

	4.2.	Definition. “Confidential Information” means information, whether provided or retained in writing, verbally, by electronic or other data transmission or in any other form or media whatsoever or obtained
through on-site visits at Company or FPC facilities that is confidential, proprietary or otherwise not generally available to the public including, without limitation, trade secrets, marketing and sales information, product information, technical
information and technology, Company and FPC information, information about trade techniques and other processes and procedures, financial information and business information, plans and prospects. 

  
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	4.3.	Exceptions. The obligations of this Article 4 shall not apply to: (i) any Confidential Information for a period longer than it is legally permissible to restrict disclosure of that item of Confidential
Information; or (ii) any Confidential Information that the Receiving Party can demonstrate was: 

  

	 	4.3.1.	at the time of disclosure to such Receiving Party, in the public domain, or after disclosure to such party, published or otherwise entered the public domain through no breach of this Agreement by the Receiving Party or
its Representatives; 

  

	 	4.3.2.	in the possession of the Receiving Party at the time of disclosure to it, if such Receiving Party was not then under a contractual, legal or fiduciary obligation of confidentiality with respect thereto;

  

	 	4.3.3.	received after disclosure to the Receiving Party from a third party who, to the knowledge of the Receiving Party, had a lawful right (without any contractual, legal or fiduciary non-disclosure restrictions) to disclose
such Confidential Information to the Receiving Party; or 

  

	 	4.3.4.	independently developed by or for the Receiving Party, without reference to Confidential Information of the Disclosing Party. 

  

	4.4.	Required Disclosure. Either party may disclose Confidential Information of the other to the extent required by law or by order of a court or governmental agency; provided, however, that, except to the extent
prohibited by law or pursuant to an ordinary course examination by a regulator, bank examiner or self-regulatory organization, not specifically directed at the Disclosing Party or the Confidential Information, the Receiving Party shall give the
Disclosing Party (as the owner of such Confidential Information) prompt notice, and shall use its reasonable efforts to cooperate with the Disclosing Party (at its cost), if the Disclosing Party wishes to obtain a protective order or otherwise
protect its rights and interests in and to such Confidential Information and the confidentiality thereof. 

  

	4.5.	Notification. In the event of any improper disclosure or loss of Confidential Information, the Receiving Party shall immediately notify the Disclosing Party. 

 

	4.6.	Injunctive Relief. Each party acknowledges that any breach of any provision of this Article 4 by either party, or its Representatives, may cause immediate and irreparable injury to the non-breaching party, and in
the event of such breach, the injured party shall be entitled to seek injunctive relief in addition to any and all other remedies available at law or in equity. 

  

	4.7.	 Return of Confidential Information. Unless a Receiving Party is expressly authorized by this Agreement to
retain the Disclosing Party’s Confidential Information, the Receiving Party shall promptly return or use commercially reasonable efforts to destroy, at the Disclosing Party’s option, the Disclosing Party’s Confidential Information,
and any notes, reports or other information incorporating or derived from such Confidential Information, and all copies thereof, as reasonably as practicable after the Disclosing 

  
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Party’s written request, and shall confirm such return or destruction to the Disclosing Party; provided, the Receiving Party and its Representatives may retain Confidential Information in
accordance with (i) applicable law, rule and regulation and (ii) the Receiving Party and its Representatives’ respective bona fide document retention and disaster recovery policies and procedures. 

 

	5.	Warranties and Remedies 

  

	5.1.	Warranties. FPC represents and warrants to Company that FPC has the right and authority to enter into and perform this Agreement, including, without limitation, to grant the rights and licenses provided for in
this Agreement and provide the Services. The Services will be performed in a timely, competent and professional manner, and in accordance with all of the requirements of this Agreement. 

 

	5.2.	Disclaimer of Warranties. THE FOREGOING CONSTITUTES AND EXPRESSES THE ENTIRE STATEMENT OF THE PARTIES WITH RESPECT TO WARRANTIES. FPC AND COMPANY DISCLAIM ALL OTHER WARRANTIES WITH RESPECT TO THIS AGREEMENT,
INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. 

  

	5.3.	Limitation of Liability. Neither FPC nor its Representatives shall be liable to the Company or any of its Affiliates for any loss, liability, damage or expense arising out of or in connection with the performance
of Services contemplated by this Agreement, unless such loss, liability, damage or expense shall be proven to result directly from gross negligence or willful misconduct on the part of FPC or its Representatives acting within the scope of such
person’s employment or authority. Except as FPC may otherwise agree in writing after the date hereof (i) FPC and its Representatives shall have the right to, and shall have no duty (contractual or otherwise) not to, directly or indirectly
do business with any client or customer of any of the Company or any of its Affiliates, (ii) neither FPC nor its Representatives shall be liable to the Company or any of its Affiliates for breach of any duty (contractual or otherwise) by reason
of any such activities of or of such person’s participation therein, and (iii) in the event that FPC or its Representatives acquire knowledge of a potential transaction or matter that may be a corporate opportunity for the Company or any
of its Affiliates, on the one hand, and FPC or its Representatives, on the other hand, or any other person, FPC and its Representatives shall have no duty (contractual or otherwise) to communicate or present such corporate opportunity to the Company
or any of its Affiliates and, notwithstanding any provision of this Agreement to the contrary, shall not be liable to the Company or any of its Affiliates for breach of any duty (contractual or otherwise) by reasons of the fact that the FPC or its
Representatives directly or indirectly pursues or acquires such opportunity for itself, directs such opportunity to another person, or does not present such opportunity to the Company or any of its Affiliates. In no event will any of the parties
hereto be liable to any other party hereto for any indirect, special, incidental or consequential damages, including lost profits or savings, whether or not such damages are foreseeable, or in respect of any liabilities relating to any third party
claims (whether based in contract, tort or otherwise) other than the Claims (as defined in Section 7) relating to the Services to be provided hereunder. 

  
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	6.	Dispute Resolution 

  

	6.1.	Dispute Resolution Procedure. Any dispute between the parties as to either the interpretation of any provision of this Agreement or the performance by FPC or Company hereunder shall be resolved as specified in
this Section 6.1. 

  

	 	a.	Upon the written request of either party, each of the parties shall appoint a designated representative who, in the case of Company, shall be a Vice President (or more senior corporate officer), to meet for the purpose
of endeavoring to resolve such dispute. 

  

	 	b.	Such representatives shall discuss the problem and negotiate in good faith in an effort to resolve the dispute promptly and without the necessity of any formal proceeding relating thereto. 

 

	 	c.	If any dispute arises between the parties, and the disputed matter has not been resolved by the designated representatives within fifteen (15) business days after such dispute has come to their attention, or such
longer period as agreed to in writing by the parties, each party shall, subject to Section 9.8, have the right to commence any legal proceeding as permitted by law. 

 

	6.2.	Agreements in Writing. No agreement achieved under this dispute resolution process shall be binding on either party unless set forth in a writing executed by the parties hereto. 

 

	6.3.	No Termination or Suspension of Services. Notwithstanding anything to the contrary contained herein, and even if any dispute arises between the parties, in no event shall FPC interrupt or delay the provision of
Services to the Company, or perform any other action that prevents, slows down, or reduces in any way the provision of Services or the Company’s ability to conduct its business, unless: (i) authority to do so is granted by the Company in
writing or conferred by a court of competent jurisdiction; or (ii) this Agreement has been terminated pursuant to Article 8 (and then FPC may take any such action only if and to the extent permitted thereby). 

 

	6.4.	Injunctive relief. Neither party shall be obligated to follow the procedures set forth in Section 6.1 in order to seek injunctive relief for violations of Article 3 or Article 4. 

 

	7.	 Indemnification. The Company shall defend, indemnify and hold harmless FPC and its Representatives
(collectively, the “Indemnitees”) from and against any and all loss, liability, damage or expenses arising from any claim by any person with respect to, or in any way related to, the performance of Services contemplated by this
Agreement (including attorneys’ fees) (collectively, “Claims”) resulting from any act or omission of any of the Indemnitees, other than for Claims which have been proven to be the direct result of gross negligence or willful
misconduct by an Indemnitee. The Company shall defend at its own cost and expense any and all suits or actions (just or unjust) which may 

  
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be brought against the Company or any of its Affiliates or any of the Indemnitees or in which any of the Indemnitees may be impleaded with others upon any Claims, or upon any matter, directly or
indirectly, related to or arising out of this Agreement or the performance hereof by any of the Indemnitees, except that if such damage shall be proven to be the direct result of gross negligence or willful misconduct by an Indemnitee, then FPC
shall reimburse the Company for the costs of defense and other costs incurred by the Company. 

  

	8.	Term and Termination 

  

	8.1.	Term. The term (“Term”) of this Agreement shall commence on the Effective Date and continue until December 31, 2015. 

 

	8.2.	Termination. 

  

	 	8.2.1.	Automatic. This Agreement shall be automatically terminated upon the sale of the Company to one or more independent third parties, pursuant to which such party or parties acquire (i) share capital of the
Company possessing the voting power to elect a majority in voting power of the Company’s Board of Directors (whether by merger, consolidation or issuance, sale or transfer of the Company’s share capital) or (ii) all or substantially
all of the Company’s assets determined on a consolidated basis. 

  

	 	8.2.2.	By the Company. The Company may terminate this Agreement by written notice to FPC if FPC becomes insolvent or subject to any proceeding under the federal bankruptcy laws or other similar laws for the protection
of creditors. 

  

	 	8.2.3.	By FPC. FPC may terminate this Agreement if Company has failed to make a payment due under Article 2, following notice and fifteen (15) additional calendar days following such notice; provided that such
payment is not subject to a good faith dispute. 

  

	8.3.	Effects of Termination. 

  

	 	8.3.1.	Remedies. Termination shall not constitute a party’s exclusive remedy for any default, and neither party shall be deemed to have waived any of its rights accruing hereunder prior to such default. If either
party terminates this Agreement as a result of a claimed default by the other party, and such other party does not agree that a default was committed, then such other party shall have the right to avail itself of all defenses and remedies available
to it at law, in equity, by statute, or otherwise. In the event of termination pursuant to Sections 8.2.1 or 8.2.3, FPC shall have the right to invoice the Company for any out of pocket expenses not yet reimbursed, plus a portion of the Service Fee
which corresponds to Services provided to the Company through the date of termination. 

  

	 	8.3.2.	Transition. In the event of any expiration or termination, FPC shall cooperate reasonably in the orderly wind-down of the Services and/or transition to another provider, such cooperation to include reasonable
continuity of personnel during the transition with those providing Services hereunder. 

  
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	 	8.3.3.	Survival. The obligations and rights of the parties pursuant Articles 3, 4, 5, 6, 7 and 9 and Sections 8.3.2 and 8.3.3 hereof shall survive any expiration or termination of this Agreement. 

 

	9.	Miscellaneous 

  

	9.1.	Amendments. Except as otherwise expressly provided herein, this Agreement may not be modified, amended or altered in any way except by a written agreement signed by the parties hereto that states it is an
amendment to this Agreement. 

  

	9.2.	Assignment. Other than as permitted herein, FPC shall not assign this Agreement or delegate any of its duties, in whole or in part, without the prior written consent of Company (which consent shall not be
unreasonably withheld). In no event shall the Company’s consent be construed as discharging or releasing FPC in any way from the performance of its obligations under this Agreement. Company may assign this Agreement or delegate its duties to an
Affiliate, in whole or in part, without any consent of FPC. An assignee of either party authorized hereunder shall be bound by the terms of this Agreement and shall have all of the rights and obligations of the assigning party set forth in this
Agreement. If any assignee refuses to be bound by all of the terms and obligations of this Agreement or if any assignment is made in breach of the terms of this Agreement, then such assignment shall be null and void and of no force or effect.

  

	9.3.	Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original and all of which together shall be deemed the same agreement. 

 

	9.4.	Entire Agreement; Order of Precedence. This Agreement constitutes the complete and exclusive statement of the agreement of the parties with respect to the subject matter hereof and supersedes all prior proposals,
understandings, and agreements, whether oral or written, between the parties with respect to the subject matter hereof, including but not limited to any non-disclosure agreements previously entered into by and between the parties. 

 

	9.5.	Expenses. Each party shall be responsible for, and shall pay, all expenses paid or incurred by it in connection with the planning, negotiation, and consummation of this Agreement. 

 

	9.6.	Force Majeure. Neither party shall be liable for any failure or delay in performing its obligations under this Agreement, or for any loss or damage resulting therefrom, due to acts of God, the public enemy,
terrorist activities, riots, fires, and similar causes beyond such party’s control. Each party shall notify the other in writing promptly of any failure or delay in, and the effect on, its performance. 

  
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	9.7.	Further Assurances. Company and FPC each agree to execute and deliver any appropriate instruments or documents to confirm the assignments and rights and licenses provided for herein and to enable the other to
perfect the same by filing, registration or otherwise in any state, territory, or country, as may be reasonably requested and prepared by such other from time to time. 

 

	9.8.	Governing Law; Currency; Language. This Agreement shall be governed by and interpreted in accordance with the internal substantive laws of the State of Delaware. The parties agree that all actions and proceedings
arising out of or related to this Agreement shall be brought only in a state or federal court located in Delaware, and the parties hereby consent to such venue and to the jurisdiction of such courts over the subject matter of such proceeding and
themselves. EACH PARTY HEREBY WAIVES ITS RIGHT TO A JURY TRIAL IN CONNECTION WITH ANY DISPUTE OR LEGAL PROCEEDING ARISING OUT OF THIS AGREEMENT OR THE SUBJECT MATTER HEREOF. All amounts stated herein and all fees determined hereunder are in
United States Dollars, unless otherwise required by applicable law or agreed to by the parties. This Agreement and all proceedings hereunder shall be conducted in the English language; any translation of this Agreement into another language shall be
for convenience only but shall not modify the meaning hereof in English. 

  

	9.9.	Contract Interpretation. 

  

	 	9.9.1.	Captions; Section Numbers. Section numbers and captions are provided for convenience of reference and do not constitute a part of this Agreement. Any references to a particular Section of this Agreement shall be
deemed to include reference to any and all subsections thereof. 

  

	 	9.9.2.	Neither Party Deemed Drafter. Despite the possibility that one party or its representatives may have prepared the initial draft of this Agreement or any provision thereof or played a greater role in the
preparation of subsequent drafts, the parties agree that neither of them shall be deemed the drafter of this Agreement and that, in construing this Agreement, no provision hereof shall be construed in favor of one party on the ground that such
provision was drafted by the other. 

  

	9.10.	Independent Contractor. FPC is an independent contractor; nothing in this Agreement shall be construed to create a partnership, joint venture, or agency relationship between the parties. Each party is solely
responsible for payment of all compensation owed to its employees and agents, as well as employment related taxes. Subject only to the terms of this Agreement, FPC shall have complete control of its agents and employees engaged in the Services. FPC
shall ensure that neither it nor its agents or employees shall act or hold themselves out as agents or employees of Company. 

  

	9.11.	 Notice. Any notice or other document or communication required or permitted hereunder to the parties
hereto will be deemed to have been duly given only if in writing and delivered by any of the following methods: (i) certified U.S. mail, return receipt requested, postage prepaid, to the address of the receiving party as set forth below or such
other address as such party may dictate according to the notice provisions hereof; (iii)

  
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hand delivery to the person specified below or any other person so designated according to the notice provisions hereof; or (iv) electronic mail or facsimile directed to the person specified
below at the facsimile number listed below, or such other person, electronic mail address or facsimile number so designated according to the notice provisions hereof. Notices shall be deemed delivered when received by the party being notified.

 If to FPC, all notices shall be addressed and delivered to: 

Mike Kohlsdorf 
 Francisco
Partners Consulting, LLC 
 One Letterman Drive 

Building C, Suite 410 
 San
Francisco, CA 94129 
 Kohlsdorriffranciscopartners.com 

Phone: (415) 418-2900 
 Fax:
(415) 418-2999 
 If to the Company, all notices shall be addressed and delivered to: 

Ichor Systems, Inc. 
 Attn:
Maurice Carson 
 3185 Laurelview Court 

Fremont, CA 94538 

mcarson@ichorsystems.com 

Phone: (510) 897-5283 
 Fax:
(510) 897-5201. 
  

	9.12.	Severability. If any provision of this Agreement is determined to be invalid or unenforceable, that provision shall be deemed stricken and the remainder of this Agreement shall continue in full force and effect
insofar as it remains a workable instrument to accomplish the intent and purposes of the parties; the parties shall replace the severed provision with a provision that will come closest to reflecting the intention of the parties underlying the
severed provision but that will be valid, legal, and enforceable. 

  

	9.13.	Third Party Rights Excluded. This Agreement is an agreement between the parties hereto, and confers no rights upon any of their respective Representatives or upon any other person or entity. 

 

	9.14.	Waivers. No purported waiver by any party of any default by any other party of any term or provision contained herein (whether by omission, delay or otherwise) shall be deemed to be a waiver of such term or
provision unless the waiver is in writing and signed by the waiving party. No such waiver in any event shall be deemed a waiver of any subsequent default under the same or any other term or provision contained herein. 

  
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	10.	Restrictions on Payments 

  

	10.1.	Notwithstanding any provision herein to the contrary, for so long as the obligations under the Credit Agreement are outstanding, if the Company is prohibited under the Credit Agreement from making the payment of fee
hereunder, FPC shall defer receipt of such fee hereunder until the event or circumstance giving rise to such prohibition has been cured or waived, or otherwise ceases to exist. “Credit Agreement” means that certain Credit Agreement, dated
as of the date hereof, by and among Ichor Systems Singapore Pte. Ltd., a Singapore private limited company, Ichor Holdings, LLC, a Delaware limited liability company, Ichor Systems, Inc., a Delaware corporation and Precision Flow Technologies, Inc.,
a New York corporation, each as a Borrower, the other loan parties from time to time party hereto, each lender from time to time party hereto and Bank of America, N.A., as administrative agent, as the same may be amended, restated, supplemented,
refinanced or otherwise modified from time to time in accordance with its terms. 

  

	10.2.	Any fees due and payable under this Agreement which are not paid as a result of the limitations set forth in Section 10.1 above shall be accrued as an obligation of the Company and shall be paid at the earliest
date that the Company reasonably anticipates that the making of such payment will not be prohibited under the Credit Agreement or that the making of such payment will not cause material harm to the Company. The foregoing provision is intended to
comply with guidance issued by the Internal Revenue Service under Sec. 409A of the Internal Revenue Code of 1986, as amended (the “Code”), in order to avoid the acceleration of any tax, or the imposition of any penalty, under Code
Sec. 409A with respect to the payment of fees pursuant to this Agreement. The parties hereto agree to modify the foregoing provisions of this Section 10.2 to comply with any future guidance issued under Code Sec. 409A to the extent necessary to
avoid the acceleration of any tax, or the imposition of any penalty, under Code Sec. 409A with respect to the payment of fees pursuant to this Agreement. 

  
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 IN WITNESS WHEREOF, the parties have caused this Amended and Restated Master Consulting
Services Agreement to be executed and delivered by their respective, duly authorized representatives. 
  

			
	Francisco Partners Consulting, LLC	  	Ichor Systems, Inc.
		
	By: /s/ Mike Kohlsdorf	  	By: /s/ Maurice Carson
		  	
	Its: Operating Partner	  	Its: Chief Financial OfficerEX-10.7

 Exhibit 10.7 

EMPLOYMENT AGREEMENT 

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of September 19, 2014 by and among Ichor
Systems, Inc. (the “Corporation”), Thomas Rohrs, an individual (the “Executive”), and, with respect to Sections 1.2 and 3.4 hereof only, Ichor Holdings, Ltd. (“Parent”). 

RECITALS 
 THE PARTIES
ENTER THIS AGREEMENT on the basis of the following facts, understandings and intentions: 
 A. The Corporation and the Executive
are parties to that certain offer letter, dated as of June 13, 2013 (the “Prior Offer Letter”), pursuant to which the Executive serves as the Corporation’s Chairman. 

B. The Corporation desires that the Executive continues to be employed by the Corporation to carry out the duties and responsibilities
described below, all on the terms and conditions hereinafter set forth. 
 C. The Executive desires to accept such employment on such
terms and conditions. 
 NOW, THEREFORE, in consideration of the above recitals incorporated herein and the mutual covenants and
promises contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby expressly acknowledged, the parties agree as follows: 

1. Employment and Duties.  

1.1 Employment. The Corporation does hereby continue to engage and employ the Executive on an at-will basis, subject to the
terms and conditions expressly set forth in this Agreement, including, but not limited to, Section 5 of this Agreement. The Executive does hereby accept and agree to such engagement and employment on the terms and conditions expressly set forth
in this Agreement. 
 1.2 Duties. The Executive shall serve the Corporation as its Chief Executive Officer and shall perform
and have the responsibilities, duties, status and authority customary for a position in an organization of the size and nature of the Corporation, subject to the corporate policies of the Corporation as in effect from time to time (including,
without limitation, the Corporation’s business conduct and ethics policies, as they may be amended from time to time). In this position, the Executive shall report to the Board of Directors of the Corporation (the “Board”) and
shall render such administrative, financial, and other executive and managerial services to the Company and its affiliates as the Board may from time to time direct. In addition, the Executive shall continue to be a member of the Board and the Board
of Directors of Parent (“Parent Board”). 

  
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 1.3 No Other Employment; Time Commitment. For so long as the Executive is employed
with the Corporation, the Executive shall both (i) devote the Executive’s full business time, energy and skill to the performance of the Executive’s duties for the Corporation and (ii) hold no other employment. Further, the
Executive’s service on the boards of directors (or similar body) of other business or charitable entities is subject to the prior approval of the Board. The Corporation shall have the right to require the Executive to resign from any board or
similar body on which the Executive may then serve if the Board determines that such activity interferes with the effective discharge of the Executive’s duties and responsibilities to the Corporation or that any business related to such service
is then in competition with any business of the Corporation or any of its affiliates, successors or assigns. Notwithstanding anything in this paragraph, the Board is aware that the Executive is involved in those activities listed in Exhibit A
attached hereto and consents to the Executive’s continued participation in such activities provided such participation does not result in a material conflict of interest with the Executive’s duties and responsibilities under this Agreement
(including, without limitation, for purposes of determining a conflict of interest, availability to perform the Executive’s duties and responsibilities). 

1.4 No Breach of Contract. The Executive hereby represents to the Corporation: (i) that the execution and delivery of this
Agreement by the Executive and the Corporation and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Executive
is a party or otherwise bound; (ii) that the Executive has no information (including, without limitation, confidential information and trade secrets) relating to any other person or entity which would prevent, or be violated by, the Executive
entering into this Agreement or carrying out the Executive’s duties hereunder; and (iii) that the Executive is not bound by any confidentiality, trade secret or similar agreement with any other person or entity which would prevent, or be
violated by, the Executive (x) entering into this Agreement or (y) carrying out the Executive’s duties hereunder. 
 1.5
Location. The Executive’s principal place of employment initially shall be the offices of the Corporation’s San Francisco Bay Area headquarters. The Executive acknowledges that business travel will be required from time to time
in the course of performing the Executive’s duties for the Corporation. 
 2. Term. The Executive’s employment under this Agreement
shall commence on the date first written above, which such date of commencement of employment will be hereinafter referred to as the “Effective Date.” The period from the Effective Date until the termination of the Executive’s
employment under this Agreement is hereinafter referred to as “the term of this Agreement” or “the term hereof.” 
 3.
Compensation. 
 3.1 Base Salary. During the term hereof, the Executive’s base salary (the “Base
Salary”) shall be paid in accordance with the Corporation’s regular payroll practices in effect from time to time, but not less frequently than in monthly installments. As of the Effective

  
 2 

 
Date, the Executive’s Base Salary shall be at an annualized rate of $375,000. During the term hereof, the Corporation may review and adjust the Executive’s rate of Base Salary from time
to time. 
 3.2 Incentive Bonus. During the term hereof, in addition to the Base Salary, the Executive shall be eligible to
receive an incentive bonus (“Incentive Bonus”) for each fiscal year with a target amount of 70% of the Executive’s Base Salary (the “Target Incentive Bonus”) and a maximum amount of 140% of the Executive’s
Base Salarya. The actual amount of any Incentive Bonus earned by the Executive shall be determined in good faith by the Compensation Committee of the Board (the “Compensation
Committee”) in its reasonable discretion and subject to the terms of the then-applicable incentive bonus plan, based on the achievement of performance objectives established for the particular performance period by the Board or the
Compensation Committee pursuant to such incentive bonus plan. The Incentive Bonus earned for each applicable performance period (if any) shall be paid in accordance with the terms of the applicable incentive bonus plan, subject to the
Executive’s continued employment by the Corporation or its affiliates through the applicable payment date. 
 3.3 Retention
Sign-On Bonus. Except as provided in Section 5.3(b) of this Agreement, subject to the Executive’s continued employment with the Corporation through September 30, 2014 (the “Retention Sign-On Bonus Payment
Date”), the Corporation shall pay the Executive a retention sign-on bonus of $40,000 as soon as practicable, but in any event no later than ten days following the Retention Sign-On Bonus Payment Date. 

3.4 Equity Compensation. Following the Effective Date, the Executive shall, in addition to the Base Salary and Incentive Bonus
and the restricted stock award and stock option awards granted to the Executive pursuant to the Prior Offer Letter, receive (i) a grant of equity-based compensation in the form of a stock option grant (the “Additional Stock Option
Award”) under the Ichor Holdings, Ltd. 2012 Equity Incentive Plan, as the same may be amended from time to time (the “Equity Plan”) and (ii) a grant of equity-based compensation in the form of a restricted share grant
(the “Additional Restricted Share Award” and, together with the Additional Stock Option Award, the “Additional Equity Awards”) under the Equity Plan. The grant of the Additional Equity Awards will be made at the
first regular meeting of the Compensation Committee following the Effective Date. The terms and conditions of the Additional Equity Awards shall be documented in the corresponding equity award agreements between Parent and the Executive, which are
attached as Exhibits B and C hereto. 
 4. Benefits. 

4.1 Retirement, Welfare and Fringe Benefits. During the term hereof, the Executive shall be eligible to participate in all
employee retirement and welfare benefit plans and programs, and fringe benefit plans and programs, made available by the Corporation to the Corporation’s executive employees generally, in accordance with the terms of such plans and as such
plans or programs may be in effect from time to time. 
  

	a 	 Note to Draft – notwithstanding that the Effective Date is after the beginning of the second half of 2014,
the Executive’s bonus for the second half of 2014 will not be pro-rated. 

  
 3 

 4.2 Reimbursement of Expenses. During the term hereof, the Executive shall be
authorized to incur reasonable expenses to facilitate performance of his duties under this Agreement. The Executive shall be eligible for reimbursement of such expenses, subject to the Corporation’s expense reimbursement policies. 

4.3 Vacation and Other Leave. During the term hereof, the Executive’s annual rate of Paid Time Off (“PTO”)
accrual shall be four (4) weeks per year; provided that such vacation shall accrue and be subject to the Corporation’s vacation policies as in effect from time to time. The Executive shall also be eligible for all other holiday and
leave pay generally available to other executives of the Corporation. 
 4.4 Indemnification. The Executive shall be provided
indemnification, and coverage under the Corporation’s D&O liability insurance policies, to the same extent as other executive officers of the Corporation. 

5. Termination of Employment. 

5.1 Generally. The Executive’s employment by the Corporation, and the term hereof, may be terminated at any time
(i) by the Corporation with or without Cause (as defined in Section 5.5), (ii) by the Corporation in the event that the Executive has incurred a Disability (as defined in Section 5.5), (iii) by the Executive for any reason,
or (iv) due to the Executive’s death. 
 5.2 Notice of Termination. Any termination of the Executive’s
employment under this Agreement (other than because of the Executive’s death) shall be communicated by written notice of termination from the terminating party to the other party, which termination shall be effective (i) no less than
thirty (30) days following delivery of such notice in the event of a termination by the Executive for any reason or (ii) immediately in the event of a termination by the Corporation. The notice of termination shall indicate the specific
provision(s) of this Agreement relied upon in effecting the termination. 
 5.3 Benefits Upon Termination. 

(a) If the Executive’s employment by the Corporation is terminated during the term hereof by the Corporation for Cause or
due to Disability, or by the Executive without Good Reason or due to the Executive’s death (in any case, the date that the Executive’s employment by the Corporation terminates is referred to as the “Severance Date”), the
Corporation shall have no further obligation to make or provide to the Executive (or the Executive’s estate in the case of death), and the Executive (or the Executive’s estate, as applicable) shall have no further right to receive or
obtain from the Corporation, any payments or benefits other than payment, within 30 days after the Severance Date (or earlier if required by applicable law), of (i) any Base Salary that had 

  
 4 

 
accrued but had not been paid (including accrued and unpaid vacation time) on or before the Severance Date; (ii) any reimbursement due to the Executive pursuant to Section 4.2 for
expenses incurred by the Executive on or before the Severance Date; and (iii) any other amounts required under applicable law (the “Accrued Obligations”). The treatment (including, without limitation, the cancellation or
vesting thereof and/or the entitlement of the Executive thereto) of any outstanding equity awards then held by the Executive as of the Severance Date shall be subject to the applicable terms of the Equity Plan and the applicable award agreements.

 (b) If, during the term hereof and prior to a Sale of the Company or following the one-year anniversary of a Sale of the
Company, the Executive’s employment is terminated (i) by the Corporation without Cause or (ii) by the Executive for Good Reason, (x) the Corporation shall pay the Executive (in addition to the Accrued Obligations payable in
accordance with Section 5.3(a)) (1) an amount equal to 12 months of the Executive’s Base Salary at the rate in effect on the Severance Date, (collectively, the “Severance Benefit”) and (2) to the extent
theretofore unpaid, the Retention Sign-On Bonus, (y) the Executive shall be eligible to receive any Incentive Bonus relating to the fiscal year in which the Executive is terminated, which Incentive Bonus shall be based on actual performance
results and pro-rated, based upon the portion of the fiscal year during which the Executive was employed under the Agreement (the “Pro-Rata Bonus”), which Pro-Rata Bonus shall be paid at the time set forth in Section 3.2 hereof
and (z) during the 12-month period following the termination of the Executive’s employment, or until the Executive becomes eligible for comparable coverage under the medical health plans of a successor employer, if earlier, the Corporation
shall continue to provide the Executive and the Executive’s dependents with medical benefits substantially equivalent to those that would have been provided to them in accordance with the Corporation’s medical benefit plans had the
Executive remained an employee of the Corporation at the Corporation’s expense (the “Continued Medical Benefits”). 

(c) If, during the term hereof and during the one-year period following a Sale of the Company, the Executive’s employment
is terminated (i) by the Corporation without Cause or (ii) by the Executive with Good Reason, the Corporation (x) shall pay the Executive (in addition to the Accrued Obligations payable in accordance with Section 5.3(a)), the
Severance Benefit, plus an additional amount equal to the Executive’s then-Target Incentive Bonus (collectively, the “Enhanced Severance Benefit”) and (y) provide the Executive the Continued Medical Benefits. 

(d) The Corporation shall pay (or provide, as applicable) the Severance Benefit or the Enhanced Severance Benefit, as
applicable, to the Executive in substantially equal installments during the 12 month period commencing on the Executive’s termination in accordance with the Corporation’s payroll cycle; provided, however, that amounts that otherwise would
be scheduled to be paid during the Release Period (as defined in Section 5.4(a)) shall accrue and shall be paid on the first payroll date following the expiration of the Release Period. 

  
 5 

 (e) Notwithstanding anything to the contrary in this Section 5.3, if the
Executive’s termination of employment is not a “Separation from Service” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and the regulations and other
published guidance thereunder (including §1.409A-1(h)), then, if required in order to comply with the provisions of Section 409A of the Code, payment of the Severance Benefit or the Enhanced Severance Benefit shall be delayed until such a
Separation from Service occurs. The treatment (including, without limitation, the cancellation or vesting thereof and/or the entitlement of the Executive thereto) of any outstanding equity awards then held by the Executive as of the Severance Date
shall be subject to the applicable terms of the Equity Plan and the applicable award agreements. 
 (f) Notwithstanding the
foregoing provisions of this Section 5.3, if the Executive is found to have breached the Executive’s obligations under Section 6 of this Agreement, (i) the Executive shall no longer be entitled to, and the Corporation shall no
longer be obligated to pay, any remaining unpaid portion of the Severance Benefit or the Enhanced Severance Benefit, as applicable, as of the date of such breach, and (ii) the Executive shall, at the request of the Corporation, repay any
portion of the Severance Benefit or the Enhanced Severance Benefit, as applicable, previously paid or provided to the Executive. (For purposes of determining repayment of benefits, if any, the Executive shall repay the Corporation its costs incurred
to provide such benefits.) Any disputes with respect to the application of this Section 5.3(f) will be subject to Section 17 hereof; provided that during the pendency of any such dispute, the Corporation will be entitled to withhold
any payments pursuant to this Section 5.3 so long as the Corporation believes, in good faith, that it is reasonably likely to prevail in such dispute. 

(g) The foregoing provisions of this Section 5.3 shall not affect: (i) the Executive’s receipt of benefits
otherwise due terminated employees under group insurance coverage consistent with the terms of the applicable Corporation welfare benefit plan; (ii) the Executive’s rights under COBRA to continue participation in medical, dental,
hospitalization and such other benefit plans covered by COBRA; or (iii) the Executive’s receipt of benefits otherwise due in accordance with the terms of the Corporation’s 401(k) plan (if any). 

(h) Notwithstanding any provision of this Agreement to the contrary, to the extent necessary to satisfy Section 105(h) of
the Code, the Corporation will be permitted to alter the manner in which the Continued Medical Benefits are provided to the Executive following termination of the Executive’s employment; provided that the after-tax cost to the Executive
of such benefits shall not be greater than the cost applicable to similarly situated executives of the Corporation who have not terminated employment. 

5.4 Release; Exclusive Remedy. 

(a) As a condition precedent to any Corporation obligation to the Executive pursuant to Section 5.3(b) and
Section 5.3(c), the Executive shall, upon or within sixty 

  
 6 

 
(60) days following termination of employment with the Corporation (such 60-day period being referred to as the “Release Period”), provide the Corporation with a valid, executed
general release substantially in the form attached as Exhibit D, and such release agreement shall have not been revoked by the Executive, and shall have become non-revocable, pursuant to, or in accordance with, any revocation rights afforded
by applicable law prior to the expiration of the Release Period. 
 (b) The Executive agrees that the payments and benefits
contemplated by Section 5.3 shall constitute the exclusive and sole remedy for any termination of employment during the term of this Agreement and the Executive covenants not to assert or pursue any other remedies, at law or in equity, with
respect to any termination of employment. 
 5.5 Certain Defined Terms. In the event of a conflicting definition between this
Agreement and any other agreement between the Corporation and the Executive, the definitions of Cause and Good Reason contained in this Agreement shall govern unless such other agreement states otherwise by specifically making reference to this
Agreement. 
 (a) As used herein, “Cause” shall mean that one or more of the following has occurred: 

(i) the Executive has been convicted of, plead guilty or no contest to or entered into a plea agreement with respect to
(x) any felony (under the laws of the United States, any relevant state, or the equivalent of a felony in any international jurisdiction in which the Corporation does business) or (y) any crime involving dishonesty or moral turpitude; 

(ii) the Executive has engaged in any willful misconduct (including any violation of federal securities laws), gross
negligence, act of dishonesty, violence or threat of violence, in each case, that would reasonably be expected to result in a material injury to the Corporation; 

(iii) the Executive has breached a material written policy of the Corporation (a copy of which has reasonably been made
available to Executive) or the rules of any governmental or regulatory body applicable to the Corporation; 
 (iv) the
Executive (y) has willfully failed to materially perform or uphold the Executive’s duties under this Agreement and/or (z) willfully fails to comply with lawful directives of the Board; or 

(v) the Executive has materially breached this Agreement or any other material contract to which the Executive and the
Corporation are parties; 
 provided that, with respect to Sections 5.5(a)(iii), 5.5(a)(iv)(z), and 5.5(a)(v) and if the event giving
rise to the claim of Cause is curable, the Corporation provides written notice 

  
 7 

 
to the Executive of the event within thirty (30) days of the Corporation learning of the occurrence of such event, and such Cause event remains uncured thirty (30) days after the
Corporation has provided such written notice; provided further that any termination of the Executive’s employment for “Cause” with respect to Sections 5.5(a)(iii), 5.5(a)(iv)(z) or 5.5(a)(v) occurs no later than thirty
(30) days following the expiration of such cure period. 
 (b) As used herein, “Disability” shall mean
a disability that qualifies the Executive for benefits under the Corporation’s long-term disability plan. 
 (c) As used
herein, “Good Reason” shall mean that one or more of the following has occurred without the Executive’s written consent: 

(i) a material diminution in the nature or scope of the Executive’s responsibilities, duties or authority as the Chief
Executive Officer of the Corporation; 
 (ii) the Corporation’s material breach of this Agreement; 

(iii) the Corporation’s relocation of its principal offices more than fifty (50) miles from the prior location; or

 (iv) a reduction in the Executive’s Base Salary or Target Incentive Bonus other than, for both Base Salary and target
Incentive Bonus individually, a one-time reduction of not more than ten percent (10%) that also is applied to substantially all other executive officers of the Corporation; 

provided that, in any such case, the Executive provides written notice to the Corporation of the event giving rise to such claim of Good
Reason within thirty (30) days after the Executive learns of the occurrence of such event, and such Good Reason event remains uncured thirty (30) days after the Executive has provided such written notice; provided further
that any resignation of the Executive’s employment for “Good Reason” occurs no later than thirty (30) days following the expiration of such cure period. 

5.6 Resignation from Directorships and Officerships. The termination of the Executive’s employment with the Corporation for
any reason shall be treated as the Executive’s resignation from (i) any director, officer or employee position the Executive has with the Corporation, Parent, and any of their respective affiliates, including the Executive’s positions
on the Board and on Parent Board, and (ii) all fiduciary positions (including as a trustee) the Executive holds with respect to any employee benefit plans or trusts established by the Corporation or any of its affiliates. The Executive agrees
that this Agreement shall serve as written notice of resignation in this circumstance. Furthermore, the Executive agrees to execute any documents evidencing such resignations that the Corporation reasonably requests. 

5.7 280G Implications. In the event that it shall be determined that any payment, distribution or other action by the
Corporation to or for the benefit of the Executive 

  
 8 

 
(whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise, (a “Payment”)) would be subject to any excise tax imposed by
Section 4999 of the Code (an “Excise Tax”), and if, immediately prior to the Relevant 280G Event, the Payments are eligible for the shareholder approval exemption under Section 280G(b)(5)(B) of the Code, then: (i) the
Corporation shall submit the Payments for shareholder approval to the extent necessary for no Excise Tax to be due and (ii) the Executive shall execute such releases or other documents necessary to seek to obtain the requisite shareholder
approval in a manner satisfying Section 280G(b)(5)(B) of the Code. For purposes of this Section 5.7, “Relevant 280G Event” means the relevant change in ownership or effective control, or change in the ownership of a
substantial portion of the assets, of a corporation (all within the meaning of Section 280G of the Code), that will or may result in Payments becoming subject to the Excise Tax. 

6. Protective Covenants. In consideration for the compensation and benefits provided to the Executive by the Corporation under this Agreement,
including, without limitation, specialized training and access to Confidential Information, the Executive hereby agrees to the protective covenants listed below in this Section 6. For purposes of this Section 6, the Corporation shall mean
the Corporation together with its parents, subsidiaries and affiliates. In addition, the Executive agrees to execute the Corporation’s standard forms of confidentiality, proprietary information, and related agreements, copies of which were
provided herewith. 
 6.1 Non-Solicitation of Service Providers. During the 12 months following the termination of the
Executive’s employment with the Corporation (the “Restricted Period”), the Executive shall not directly or indirectly solicit, induce, recruit, encourage, take away, or hire (or attempt any of the foregoing actions) or
otherwise cause (or attempt to cause) any individual or entity who is, or was during the then most recent six (6)-month period, an officer, representative, agent, director, employee or independent contractor of the Corporation or any of its
affiliates to leave his, her, or its employment or engagement with the Corporation or a Corporation affiliate, either for employment or service with the Executive or with any other entity or person, or otherwise interfere with or disrupt (or attempt
to disrupt) the employment or service relationship between any such individual or entity and the Corporation and its affiliates. The Executive will not be deemed to have violated this Section 6.3 if employees respond to general advertisements
for employment or if the Board provides unanimous prior written consent to the activities of the Executive (all such requests for consent will be given good faith consideration by the Board). 

6.2 Non-Interference with Business Relations. During the Restricted Period, the Executive shall not directly or indirectly
induce or attempt to induce any supplier, licensee or other person or entity then having a business relationship with the Corporation or any of its affiliates to cease doing business with the Corporation or any of its affiliates, or in any way
knowingly interfere with the relationship between the Corporation or any of its affiliates and any supplier, licensee or other business relationship. As used herein, and as used in Section 6.2, the term “indirectly” will include,
without limitation, the authorized use of the Executive’s name by another person or entity to induce or interfere with any employee or business relationship of the Corporation or any of its affiliates. 

  
 9 

 6.3 Confidentiality of Agreement. The Executive agrees that, except as may be
required by applicable law or legal process, during employment with the Corporation and thereafter, the Executive shall not disclose the terms of this Agreement to any person or entity other than the Executive’s accountants, financial advisors,
attorneys or spouse, provided that such accountants, financial advisors, attorneys and spouse agree not to disclose the terms of this Agreement to any other person or entity. 

6.4 Understanding of Covenants. The Executive represents that the Executive (i) is familiar with the foregoing
non-solicitation, non-interference, and non-disparagement covenants, (ii) is fully aware of the Executive’s obligations hereunder, (iii) agrees to the reasonableness of the length of time, scope
and geographic coverage of the foregoing covenants, and (iv) agrees that such covenants are necessary to protect the Corporation’s confidential and proprietary information, good will, stable workforce, and customer relations. 

6.5 Remedy for Breach. The Executive agrees that a breach of any of the covenants of this Section 6 would cause material
and irreparable harm to the Corporation that would be difficult or impossible to measure, and that damages or other legal remedies available to the Corporation for any such injury would, therefore, be an inadequate remedy for any such breach.
Accordingly, the Executive agrees that in the event of a breach of any term of this Section 6, the Corporation shall be entitled, in addition to and without limitation upon all other remedies the Corporation may have under this Agreement, at
law or otherwise, to obtain injunctive or other appropriate equitable relief, without bond or other security, to restrain any such breach. Such equitable relief in any court shall be available to the Corporation in lieu of, or prior to or pending
determination in any arbitration proceeding. 
 7. Defense of Claims. The Executive agrees that, during the term hereof, and for a period of
five (5) years after termination of the Executive’s employment, upon request from the Corporation, the Executive will cooperate with the Corporation in the defense of any claims or actions that may be made by or against the Corporation
that affect the Executive’s prior areas of responsibility, except if the Executive’s reasonable interests are adverse to the Corporation in such claim or action. The Corporation agrees that it shall reimburse the reasonable out of pocket
costs and attorney fees the Executive actually incurs in connection with the Executive providing such assistance or cooperation to the Corporation, in accordance with the Corporation’s standard policies and procedures as in effect from time to
time, provided that the Executive shall have obtained prior written approval from the Corporation for any travel or legal fees and expenses incurred by the Executive in connection with the Executive’s obligations under this Section 7.

 8. Source of Payments. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise,
shall be paid in cash from the general funds of the Corporation, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest
whatsoever in or to any investments which the Corporation may make to aid the Corporation in meeting its obligations hereunder. Any payments provided under this Agreement shall be treated as amounts owed to an unsecured creditor of the Corporation.

  
 10 

 9. Withholding. Notwithstanding anything else herein to the contrary, the Corporation may withhold
(or cause there to be withheld, as the case may be) from any amounts otherwise due or payable under or pursuant to this Agreement such federal, state and local income, employment, or other taxes or other amounts as may be required to be withheld
pursuant to any applicable law or regulation. 
 10. Assignment; Binding Effect. 

(a) By the Executive. This Agreement and any and all rights, duties, obligations or interests hereunder shall not be
assignable or delegable by the Executive. 
 (b) By the Corporation. This Agreement and all of the Corporation’s
rights and obligations hereunder shall not be assignable by the Corporation except as incident to a reorganization, merger or consolidation, or transfer of all or substantially all of the Corporation’s assets. 

(c) Binding Effect. This Agreement shall be binding upon, and inure to the benefit of, the parties hereto, any
successors to or assigns of the Corporation and the Executive’s heirs and the personal representatives of the Executive’s estate. 
 11.
Number and Gender. Where the context requires, the singular shall include the plural, the plural shall include the singular, and any gender shall include all other genders. 

12. Section Headings. The section headings of, and titles of paragraphs and subparagraphs contained in, this Agreement are for the purpose of
convenience only, and they neither form a part of this Agreement nor are they to be used in the construction or interpretation thereof. 
 13.
Governing Law. This Agreement, and all questions relating to its validity, interpretation, performance and enforcement, as well as the legal relations hereby created between the parties hereto, shall be governed by and construed under,
and interpreted and enforced in accordance with, the laws of the State of California applicable to contracts executed solely in Michigan and to be performed entirely within that State. 

14. Survival of Certain Provisions. Sections 5, 6, 7, 9, 13, 15, 16, 17, 18, 19 and 20 shall survive any termination or expiration of this
Agreement. 
 15. Entire Agreement. This Agreement embodies the entire agreement of the parties hereto respecting the matters within its
scope. As of the date hereof, this Agreement supersedes all prior and contemporaneous agreements of the parties hereto that directly or indirectly bear upon the subject matter hereof, including, without limitation, the Prior Offer Letter. Any prior
negotiations, correspondence, agreements, proposals or understandings relating to the subject matter hereof shall be deemed to be of no force or effect, and the parties to any such other 

  
 11 

 
negotiations, commitments, agreements or writings shall have no further rights or obligations thereunder. There are no representations, warranties, or agreements, whether express or implied, or
oral or written, with respect to the subject matter hereof, except as expressly set forth herein. 
 16. Modifications, Waivers. This
Agreement may not be amended, modified or changed (in whole or in part), except by an instrument in writing signed by both parties hereto. The waiver by either party of compliance with any provision of this Agreement by the other party shall not
operate or be construed as a waiver of any other provision of this Agreement, or of any subsequent breach by such party of a provision of this Agreement. 

17. Arbitration. Except as provided in Section 6.6, the Executive and the Corporation agree that to the extent permitted by law, any
dispute or controversy arising out of, relating to, or in connection with this Agreement, or the interpretation, validity, construction, performance, breach, or termination thereof, or the Executive’s employment by the Corporation or any
termination thereof, will be settled by arbitration to be held at a location in San Francisco, California in accordance with then applicable rules of the American Arbitration Association specifically designed for the resolution of employment
disputes (such rules previously referred to as the National Rules for the Resolution of Employment Disputes). The Executive acknowledges that a copy of such rules in effect as of the date hereof has been provided to the Executive. The arbitrator may
grant injunctions or other relief in such dispute or controversy. The decision of the arbitrator will be final, conclusive and binding on the parties to the arbitration. Judgment may be entered on the arbitrator’s decision in any court having
jurisdiction. The Corporation shall pay the costs associated with arbitration (arbitration fee and location fee, if any); provided, however, that each party shall bear its own legal fees and expenses. Notwithstanding the foregoing, the arbitrator
shall be permitted to award costs associated with arbitration in the event the arbitrator determines a claim is frivolous. 
 18. Notices. All
notices, requests, demands and other communications required or permitted under this Agreement shall be in writing (including in electronic formats) and shall be deemed to have been duly given and made if (i) delivered by hand,
(ii) otherwise delivered against receipt therefor, (iii) sent to an email address of record, or (iv) sent by registered or certified mail, postage prepaid, return receipt requested. Any notice shall be duly addressed to the parties as
follows: 
 if to the Corporation: 

Ichor Systems, Inc. 
 3979 Freedom
Circle 
 Suite 620 
 Santa
Clara, CA 95054 
 Attention: Chief Financial Officer 

with a copy to: 
 Francisco
Partners 
 One Letterman Drive 

  
 12 

 
Building C – Suite 410 
 San Francisco, CA 94129 

Attention: Andrew Kowal 
 if to
the Executive, to the address (or e-mail address) most recently on file in the personnel records of the Corporation. 
 19. Code Section 409A.

 (a) This Agreement is intended to meet the requirements of Section 409A of the Code, and shall be interpreted and
construed consistent with that intent. Each payment provided hereunder, whether part of the Severance Benefit or otherwise, is intended to be a separate payment for purposes of Section 409A of the Code, including Treasury Regulation
1.409A-2(b)(2). 
 (b) Notwithstanding any other provision of this Agreement, to the extent that the right to any payment
(including the provision of benefits) hereunder provides for the “deferral of compensation” within the meaning of Section 409A(d)(1) of the Code, the payment shall be paid (or provided) in accordance with the following: 

(i) If the Executive is a “Specified Employee” within the meaning of Section 409A(a)(2)(B)(i) of the Code on the
date of the Executive’s Separation from Service (the “Separation Date”), then no payment of non-qualified deferred compensation (within the meaning of Section 409A of the Code) otherwise to be made as a result of the
Executive’s Separation from Service shall be made or commence during the period beginning on the Separation Date and ending on the date that is six months following the Separation Date or, if earlier, on the date of the Executive’s death.
The amount of any payment that would otherwise be paid to the Executive during this period shall instead be paid to the Executive on the first day of the first calendar month following the end of such six-month period. 

(ii) Payments with respect to reimbursements of expenses or benefits or provision of fringe or other in-kind benefits shall be
made on or before the last day of the calendar year following the calendar year in which the relevant expense or benefit is incurred. The amount of expenses or benefits eligible for reimbursement, payment or provision during a calendar year shall
not affect the expenses or benefits eligible for reimbursement, payment or provision in any other calendar year. 
 20.
“Blue-Pencil”. If any provision of this Agreement shall be invalid or unenforceable, in whole or in part, or as applied to any circumstances, under the laws of any jurisdiction which may govern for such purpose, then such
provision shall be deemed, to the extent allowed by the laws of such jurisdiction, to be modified or restricted to the extent and in the manner necessary to render the same valid and enforceable, either generally or as applied to such circumstance,
or shall be deemed excised from this Agreement, as the case may require, and this Agreement shall be construed and enforced to the maximum extent permitted by law, as if such provision had been originally incorporated herein as so modified or
restricted, or as if such provision had not been originally incorporated herein, as the case may be. 

  
 13 

 21. Counterparts. This Agreement may be executed in any number of counterparts, each of which shall
be deemed an original as against any party whose signature appears thereon, and all of which together shall constitute one and the same instrument. This Agreement shall become binding when one or more counterparts hereof, individually or taken
together, shall bear the signatures of all of the parties reflected hereon as the signatories. 
 22. Legal Counsel. Each party recognizes
that this is a legally binding contract and acknowledges and agrees that they have had the opportunity to consult with legal counsel of their choice. The Executive agrees and acknowledges that he has read and understands this Agreement, is entering
into it freely and voluntarily, and has been advised to seek counsel prior to entering into this Agreement and has had ample opportunity to do so. This Agreement has resulted from negotiations and discussions between the parties and no one party
shall be treated as drafting this Agreement for purposes of interpreting any provision hereof. 
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intentionally been left blank] 

  
 14 

 IN WITNESS WHEREOF, the Corporation, Parent and the Executive have executed this Agreement
as of the date set forth above. 
  

			
	ICHOR SYSTEMS, INC.
		
	 By:
	 	 /s/ Andrew Kowal

 
			
	 Name:
	 	 Andrew Kowal

 
			
	 Title:
	 	 Secretary

	
	ICHOR HOLDINGS, LTD.

 
			
		
	 By:
	 	 /s/ Andrew Kowal

 
			
	 Name:
	 	 Andrew Kowal

 
			
	 Title:
	 	 Director

	
	THOMAS ROHRS
	
	 /s/ Thomas Rohrs

 [SIGNATURE PAGE TO EMPLOYMENT AGREEMENT] 

 Exhibit A 

List of Outside Activities 

 Exhibit B 

ADDITIONAL STOCK OPTION AWARD 

 Exhibit C 

ADDITIONAL RESTRICTED SHARE AWARD 

 Exhibit D 

GENERAL RELEASE OF ALL CLAIMS 

This General Release of all Claims (this “Agreement”) is entered into by Thomas Rohrs (the “Employee”) and
Ichor Systems, Inc. (the “Company”), effective as of             , but subject to the Employee’s right to revoke as set forth in Section 3(c). In consideration of
the promises set forth herein, the Employee and the Company agree as follows: 
 1. Return of Property. All files, access keys
and codes, desk keys, ID badges, computers, records, manuals, electronic devices, computer programs, papers, electronically stored information or documents, telephones and credit cards, and any other property of the Company or any affiliate thereof
previously in the Employee’s possession or control has been returned to the Company. 
 2. Severance. The Company shall
pay to the Employee the [Enhanced Severance Benefit][Severance Benefit] (as defined in the Employment Agreement between the Company and the Employee dated as of September 19, 2014 (the “Employment Agreement”)) in accordance
with, and subject to, the provisions of the Employment Agreement. 
 3. General Release and Waiver of Claims. 

(a) Release. Having consulted with counsel, the Employee, on behalf of him/herself and each of his/her respective heirs,
executors, administrators, representatives, agents, insurers, successors and assigns (collectively, and including the Employee, the “Releasors”) hereby irrevocably and unconditionally releases and forever discharges the Company, its
subsidiaries and affiliates (including without limitation Francisco Partners) and each of their respective officers, employees, directors, members, shareholders, parents, subsidiaries and agents (“Releasees”) from any and all
claims, actions, causes of action, rights, judgments, obligations, damages, demands, accountings or liabilities of whatever kind or character (collectively, “Claims”), including, without limitation, any Claims under any federal,
state, local or foreign law, that the Releasors may have, or in the future may possess, whether known or unknown, arising out of (i) the Employee’s employment relationship with and service as an employee, officer or director of the Company
or any parents, subsidiaries or other affiliated companies and the termination of such relationship or service, and (ii) any event, condition, circumstance or obligation that occurred, existed or arose on or prior to the date hereof; provided,
however, that the Employee does not release, discharge or waive any rights to (i) payments and benefits provided under this Agreement, (ii) benefit claims under any employee benefit plans in which Employee is a participant by virtue of
his/her employment with the Company arising after the execution of this Agreement by Employee, and (iii) any indemnification rights the Employee may have in accordance with applicable law or under any director and officer liability insurance
maintained by the Company with respect to liabilities arising as a result of the Employee’s service as an officer, if applicable, and employee of the Company. This Paragraph 3(a) does not apply to any Claims that the Releasors may have as of

 
the date the Employee signs this Agreement arising under the Federal Age Discrimination in Employment Act of 1967, as amended, and the applicable rules and regulations promulgated thereunder
(“ADEA”) or any other claims that may not be released as a matter of law. Claims arising under ADEA are addressed in Paragraph 3(c) of this Agreement. 

(b) Unknown Claims. The Employee acknowledges that he/she may hereafter discover Claims or facts in addition to or different
from those which the Employee now knows or believes to exist with respect to the subject matter of this release and which, if known or suspected at the time of executing this release, may have materially affected this release or the Employee’s
decision to enter into it. Nevertheless, the Employee, on behalf of him/herself and the other Releasors, hereby waives any right or Claim that might arise as a result of such different or additional Claims or facts. In addition, the Employee, on
behalf of him/herself and the other Releasors, hereby waives any and all rights and benefits conferred upon him/her and the other Releasors by the provisions of Section 1542 of the Civil Code of the State of California, which provides as
follows: 
 A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME
OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. 
 (c)
Specific Release of ADEA Claims. In further consideration of the payments and benefits provided to the Employee under this Agreement, the Employee, on behalf of him/herself and the other Releasors, hereby unconditionally releases and
forever discharges the Releasees from any and all Claims arising under ADEA that the Releasors may have as of the date the Employee signs this Agreement. By signing this Agreement, the Employee hereby acknowledges and confirms the following:
(i) the Employee was advised by the Company in connection with his/her termination to consult with an attorney of his/her choice prior to signing this Agreement and to have such attorney explain to the Employee the terms of this Agreement,
including, without limitation, the terms relating to the Employee’s release of claims arising under ADEA, and the Employee has in fact consulted with an attorney; (ii) the Employee was given a period of not fewer than [21] days to consider
the terms of this Agreement and to consult with an attorney of his/her choosing with respect thereto; (iii) the Employee knowingly and voluntarily accepts the terms of this Agreement; and (iv) the Employee is providing this release and
discharge only in exchange for consideration in addition to anything of value to which the Employee is already entitled. The Employee also understands that he/she has seven days following the date on which he/she signs this Agreement within which to
revoke the release contained in this paragraph, by providing the Company with a written notice of his/her revocation of the release and waiver contained in this paragraph. 

(d) No Assignment. The Employee represents and warrants that he/she has not assigned any of the Claims being released under this
Agreement. The Company may assign this Agreement, in whole or in part, to any affiliated company, including subsidiaries of the Company, or any successor in interest to the Company. 

 4. Proceedings. 

(a) General Agreement Relating to Proceedings. The Employee has not filed, and except as provided in Paragraphs 4(b) and 4(c),
the Employee agrees not to initiate or cause to be initiated on his/her behalf, any complaint, charge, claim or proceeding against the Releasees before any local, state or federal agency, court or other body relating to his/her employment or the
termination of his/her employment, other than with respect to the obligations of the Company to the Employee under this Agreement or any indemnification rights the Employee may have as listed in Paragraph 3(a) (each, individually, a
“Proceeding”), and agrees not to participate voluntarily in any Proceeding. The Employee waives any right he/she may have to benefit in any manner from any relief (whether monetary or otherwise) arising out of any Proceeding. 

(b) Proceedings Under ADEA. Paragraph 4(a) shall not preclude the Employee from filing any complaint, charge, claim or
proceeding challenging the validity of the Employee’s waiver of Claims arising under ADEA (which is set forth in Paragraph 3(c) of this Agreement). However, both the Employee and the Company confirm their belief that the Employee’s waiver
of claims under ADEA is valid and enforceable, and that their intention is that all claims under ADEA will be waived. 
 (c) Certain
Administrative Proceedings. In addition, Paragraph 4(a) shall not preclude the Employee from filing a charge with, or participating in any administrative investigation or proceeding by, the Equal Employment Opportunity Commission or another
fair employment practices agency. The Employee is, however, waiving his/her right to recover money in connection with any such charge or investigation. The Employee is also waiving his/her right to recover money in connection with a charge filed by
any other entity or individual, or by any federal, state or local agency. 
 5. Severability Clause. In the event that any
provision or part of this Agreement is found to be invalid or unenforceable, only that particular provision or part so found, and not the entire Agreement, shall be inoperative. 

6. Nonadmission. Nothing contained in this Agreement shall be deemed or construed as an admission of wrongdoing or liability on
the part of the Company. 
 7. Governing Law and Forum. This Agreement and all matters or issues arising out of or relating to
your employment with the Company shall be governed by the laws of the State of California applicable to contracts entered into and performed entirely therein. Any action to enforce this Agreement shall be brought solely in the state or federal
courts located in the County of San Francisco, California. 

 8. Arbitration. Any dispute or controversy arising under or in connection with this
Agreement or otherwise in connection with the Executive’s employment by the Corporation that cannot be mutually resolved by the parties to this Agreement and their respective advisors and representatives shall be settled exclusively by
arbitration in accordance with the provisions of Section 17 of the Employment Agreement. 
 9. Notices. Notices under
this Agreement must be given as is specified in Section 18 of the Employment Agreement. 
 THE EMPLOYEE ACKNOWLEDGES THAT HE/SHE HAS
READ THIS AGREEMENT AND THAT HE/SHE FULLY KNOWS, UNDERSTANDS AND APPRECIATES ITS CONTENTS, AND THAT HE/SHE HEREBY EXECUTES THE SAME AND MAKES THIS AGREEMENT AND THE RELEASE AND AGREEMENTS PROVIDED FOR HEREIN VOLUNTARILY AND OF HIS/HER OWN FREE WILL.

 [The remainder of this page has intentionally been left blank] 

IN WITNESS WHEREOF, the parties have executed this Agreement as of the dates set forth below. 

 

			
	ICHOR SYSTEMS, INC.

 
			
		
	By:	 	  

 
			
	Its:	 	  

 
			
	Dated:	 	  

 
			
	
	THOMAS ROHRS
	
	  

			
	Dated:

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