Document:

Exhibit

Exhibit 10.8

February 27, 2014

Erica Schultz

Dear Erica:

We are very pleased to offer you a position with New Relic, Inc. ("Company") on the following terms. This offer is contingent upon successful completion of your references and a criminal background check. Please let us know if you have any questions at all about this offer. When ready to execute, please sign the four places indicated.

1. Employment Duties.   Your employment shall be with Company in the position of SVP, Global Enterprise Sales reporting to Hilarie Koplow-Mcadams. You shall devote your full time, ability, attention, energy and skills solely and exclusively to performing all duties as assigned and delegated to you by Company.

2.Start Date.   If you accept this offer, your employment with Company shall begin on April 2, 2014, or such other date as mutually agreed. You will be based out of the San Francisco office.

3.Salary and Bonus.   In consideration for your services to Company, you  will receive compensation of $12,500 twice a month (equivalent to an annual salary of $300,000). In addition, you will be eligible for an annual performance bonus, paid quarterly and targeted at $150,000 per year, based on individual, group and/or corporate goals to be determined during the first month of your employment. The Company shall withhold and deduct all federal and state income, social security and disability taxes as required by applicable laws.

		
	4.
	Additional Benefits.

		
	a.
	Stock Option Grant. We will recommend to the Board an Employee Stock Option grant of 100,000 shares, at fair market value at the time of the grant, and vesting over four years. The actual quantity, pricing and vesting of your grant will be determined at the sole discretion of the Board.

		
	b.
	Insurance. The Company’s benefits package includes health, dental, vision and life insurance. Additional details of insurance benefits shall be provided separately. Your insurance benefits start on the first day of the first full calendar month of employment.

		
	c.
	401k Plan. You will be eligible to participate in the Company sponsored 401k investment plan immediately upon starting employment.

		
	d.
	Holidays. Company paid holidays are: New Year’s Day, Presidents’ Day, Memorial  Day,  4th    of  July,  Labor  Day,  Thanksgiving,  the  Friday  after

Page 2

Thanksgiving, and Christmas Day, plus two (2) annual floating holidays determined by Company.

		
	e.
	Business Expenses. You shall be entitled to reimbursement by Company for such customary, ordinary and necessary business expenses as are incurred by you in the performance of your duties and consistent with the policies of the Company.

		
	f.
	Travel. When required to travel by airline for business, you will be permitted to fly business class.

5.Proprietary Information and Inventions.   As a condition of your employment with Company, you shall execute, at the same time as this agreement, the Proprietary Information and Inventions Agreement attached as Exhibit A and incorporated herein by this reference.

6.At-Will Employment.   Your employment with Company is entirely voluntary for both parties and either you or Company may conclude the employment relationship at any time, and for any reason or for no reason at all. Also, Company retains its discretion to make all other decisions concerning your employment (e.g. demotions, transfers, job responsibilities, compensation or any other managerial decisions) with or without good cause. This "at will" employment relationship can only be modified in writing by the CEO of Company. This paragraph 6 contains the entire agreement between you and Company regarding the right and ability of either you or Company to terminate your employment with Company.

7.Representation and Warranty.   You represent and warrant to us that the performance of your duties for the Company will not violate any agreement with or trade secrets of any other person or entity and that your duties for the Company, unless we are notified in writing in advance, will not be limited or restricted by any other agreements or understandings between you and other persons or companies. You specifically agree to ensure that you do not use or infringe on the confidentiality or intellectual property rights of any previous employer. You agree to indemnify the Company against a breach of the representations and warranties in paragraph 7.

By signing this letter, you further agree that all disputes, claims or causes of action arising out of or relating to this letter agreement, your employment with Company, or the termination thereof, shall be submitted to final and binding arbitration before the American Arbitration Association (“AAA”) in accordance with the rules and procedures of the National Rules for the Resolution of Employment Disputes established by the AAA.

This letter, together with your Proprietary Information and Inventions Agreement, forms the complete and exclusive statement of your employment agreement with Company. The employment terms in this letter supersede any other agreements or promises made to you by anyone, whether oral or written. As required by law, this offer is subject to satisfactory proof of your right to work in the United States.

This offer will expire on March 3, 2014.

Page 3

By so signing, you acknowledge that you have received no inducements or representations other than those set forth in this letter which caused you to accept this offer of employment.

We look forward to your favorable reply, and to a productive and enjoyable working  relationship.

Very truly yours,
/s/ Steve McElfresh
Steve McElfresh VP, People

	
					
	 
	 
	 
	 
	 

Offer Accepted:
/s/ Erica Schultz

Erica Schultz

02/28/2014

Date

EXHIBIT A – NEW RELIC, INC.

EMPLOYEE PROPRIETARY INFORMATION 
AND INVENTIONS AGREEMENT

In consideration of my employment or continued employment by NEW RELIC, INC. (“Company”), and the compensation now and hereafter paid to me, I hereby agree as follows:

1.NONDISCLOSURE

1.1    Recognition of Company’s Rights; Nondisclosure. At all times during my employment and for a period of five (5) years thereafter, I will hold in strictest confidence and will not disclose, use, lecture upon or publish any of the Company’s Proprietary Information (defined below), except as such disclosure, use or publication may be required in connection with my work for the Company, or unless an officer of the Company expressly authorizes such in writing. I will obtain Company’s written approval before publishing or submitting for publication any material (written, verbal, or otherwise) that relates to my work at Company and/or incorporates any Proprietary Information. I hereby assign to the Company any rights I may have or acquire in such Proprietary Information and recognize that all Proprietary Information shall be the sole property of the Company and its assigns.

1.2    Proprietary Information. The term “Proprietary Information” shall mean any and all confidential and/or proprietary knowledge, data or information of the Company. By way of illustration but not limitation, “Proprietary Information” includes (a) trade secrets, inventions, mask works, ideas, processes, formulas, source and object codes, data, programs, other works of authorship, know-how, improvements, discoveries, developments, designs and techniques (hereinafter collectively referred to as “Inventions”); and (b) information regarding plans for research, development, new products, marketing and selling, business plans, budgets and unpublished financial statements, licenses, prices and costs, suppliers and customers; and (c) information  regarding the skills and compensation of other employees of the Company. Notwithstanding the foregoing, it is understood that, at all such times, I am free to use information which is generally known in the trade or industry, which is not gained as result of a breach of this Agreement, and my own skill, knowledge, know-how and experience to whatever extent and in whichever way I wish.

1.3    Third Party Information. I understand,   in   addition,   that   the   Company     has received and in the future will receive from third parties confidential or proprietary information  (“Third Party 

 
Information”) subject to a duty on the Company’s part to maintain the confidentiality of such information and to use it only for certain limited purposes. During the term of my employment and thereafter, I will hold Third Party Information in the strictest confidence and will not disclose to anyone (other than Company personnel who need to  know such information in connection with their work for the Company) or use, except in connection with my work for the Company, Third Party Information unless expressly authorized by an officer of the Company in writing.

1.4    No Improper Use of Information of Prior Employers and Others. During my employment by the Company I will not improperly use or disclose any confidential information or trade secrets, if any, of any former employer or any other person to whom I have an obligation of confidentiality, and I will not bring onto the premises of the Company any unpublished documents or any property belonging to any former employer or any other person to whom I have an obligation of confidentiality unless consented to in writing by that former employer or person. I will use in the performance of my duties only information which is generally known and used by persons with training and experience comparable to my own, which is common knowledge in the industry or otherwise legally in the public domain, or which is otherwise provided or developed by the Company.

		
	2.
	ASSIGNMENT OF INVENTIONS.

2.1    Proprietary Rights. The term “Proprietary Rights” shall mean all trade secret, patent, copyright, mask work and other intellectual property rights throughout the world.

2.2    Prior Inventions. Inventions,  if any, patented or unpatented, which I made prior to the commencement of my employment with the Company are excluded from the scope of this Agreement. To preclude any possible uncertainty, I have set forth on Exhibit C   (Previous   Inventions)   attached   hereto a complete list of all Inventions that I have, alone or jointly with others, conceived, developed or reduced to practice or caused to be conceived, developed or reduced to practice prior to the commencement of my 

employment with the Company, that I consider to be my property or the property of third parties and that I wish to have excluded from the scope of this Agreement (collectively referred to as “Prior Inventions”). If disclosure of any such Prior  Invention would cause me to violate any prior confidentiality agreement, I understand that I am not to list such Prior Inventions in Exhibit C but am only to disclose a cursory name for each such invention, a listing of the party(ies) to whom it belongs and the fact that full disclosure as to such inventions has not been made for that reason. A space is provided on Exhibit C for such purpose. If no such disclosure is attached, I represent that there are no Prior Inventions. If, in the course of my employment with the Company, I incorporate a Prior Invention into a Company product, process or machine, the Company is hereby granted and shall have a nonexclusive, royalty-free, irrevocable, perpetual, worldwide license (with rights to sublicense through multiple tiers of sublicensees) to make, have made, modify, use and sell such Prior Invention. Notwithstanding the foregoing, I agree that I will not incorporate, or permit to be incorporated, Prior Inventions in any Company Inventions without the Company’s prior written consent.

2.3    Assignment of Inventions. Subject to Sections 2.4, and 2.6, I hereby assign and agree to assign in the future (when any such Inventions or Proprietary Rights are first reduced to practice or first fixed in a tangible medium, as applicable) to the Company all my right, title and interest in and to any and all Inventions (and all Proprietary Rights with respect thereto) whether or not patentable or registrable under copyright or similar statutes, made or conceived or reduced to practice or learned by me, either alone or jointly with others, during the period of my employment with the Company. Inventions assigned to the Company, or to a third party as directed by the Company pursuant to this Section 2, are hereinafter referred to as “Company  Inventions.”

2.4    Nonassignable Inventions. This Agreement does not apply to an Invention which qualifies fully as a nonassignable Invention under Section 2870 of the California Labor Code (hereinafter “Section 2870”). I have reviewed the notification    on    Exhibit    B    (Limited     Exclusion Notification)    and    agree    that    my    signature acknowledges receipt of the notification.

2.5    Obligation to Keep Company Informed. During the period of my employment and 

 
for six (6) months after termination of my employment with the Company, I will promptly disclose to the Company fully and in writing all Inventions authored, conceived or reduced to practice by me, either alone or jointly with others.  In addition, I will promptly disclose to the Company all patent applications filed by me or on my behalf within a year after termination of employment. At the time of each such disclosure, I will advise the Company in writing of any Inventions that I believe fully qualify for protection under Section 2870; and I will at that time provide to the Company in writing all evidence necessary to substantiate that belief. The Company will keep in confidence and will not use for any purpose or disclose to third parties without my consent any confidential information disclosed in writing to the Company pursuant to this Agreement relating to Inventions that qualify fully for protection under the provisions of Section 2870. I will preserve the confidentiality of any Invention that does not fully qualify for protection under Section 2870.

2.6    Government or Third Party. I also agree to assign all my right, title and interest in and to any particular Company Invention to a third party, including without limitation the United States, as directed by the Company.

2.7    Works for Hire. I  acknowledge  that all original works of authorship which are made by me (solely or jointly with others) within the scope of my employment and which are protectable by copyright are “works made for hire,” pursuant to United States Copyright Act (17 U.S.C., Section 101).

2.8    Enforcement of Proprietary Rights. I will assist the Company in every proper way to obtain, and from time to time enforce, United States and foreign Proprietary Rights relating to Company Inventions in any and all countries. To that end I will execute, verify and deliver such documents and perform such other acts (including appearances as a witness) as the Company may reasonably request for use in applying for, obtaining, perfecting, evidencing, sustaining and enforcing such Proprietary Rights and the assignment thereof. In addition, I will execute, verify and deliver assignments of such Proprietary Rights to the Company or its designee. My obligation to  assist  the  Company  with  respect  to   Proprietary Rights relating to such Company Inventions in any and all countries shall continue beyond the  termination of my employment, but the  Company shall compensate me at a reasonable rate after my termination for the time actually spent by me at the Company’s request on such assistance.

In the event the Company is unable for any reason, after reasonable effort, to secure my signature on any document needed in connection with the actions specified in the preceding paragraph, I hereby irrevocably designate and appoint the Company and its duly authorized officers and agents as my agent and attorney in fact, which appointment is coupled with an interest, to act for and in my behalf to execute, verify and file any such documents and to do all other lawfully permitted acts to further the purposes of the preceding paragraph with the same legal force and effect as if executed by me. I hereby waive and quitclaim to the Company any and all claims, of any nature whatsoever, which I now or may hereafter have for infringement of any Proprietary Rights assigned hereunder to the Company.

3.RECORDS. I agree to keep and maintain adequate and current records (in the form of notes, sketches, drawings and in any other form that may be required by the Company) of all Proprietary Information developed by me and all Inventions made by me during the period of my employment at the Company, which records shall be available to and remain the sole property of the Company at all times.

4.ADDITIONAL ACTIVITIES. I agree that during the period of my employment by the Company  I will not, without the Company’s written consent, engage in any employment or business activity which is competitive with, or would otherwise conflict with, my employment by the Company. I agree further that for the period of my employment by the Company and for one (l) year after the date of termination of my employment by the Company I will not, either directly or through others, solicit or attempt to solicit any employee, independent contractor or consultant of the company to terminate his or her relationship with the Company in order to become an employee, consultant or independent contractor to or for any other person or entity.

5.NO CONFLICTING OBLIGATION. I represent that my performance of all the terms of this Agreement and as an employee of the Company does not and will not breach any agreement to keep in confidence information acquired by me in  confidence or in trust prior to my employment by the Company. I have not entered into, and I agree I will not enter into, any agreement either written or oral in conflict herewith.

6.RETURN OF COMPANY DOCUMENTS. When I leave the employ of the Company, I will deliver to the Company any and all drawings, notes, memoranda, 

 
specifications, devices, formulas, and documents, together with all copies thereof, and any other material containing or disclosing any Company Inventions, Third Party Information or Proprietary Information of the Company. I further agree that any property situated on the Company’s premises and owned by the Company, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company personnel at any time with or without notice. Prior to leaving, I will cooperate with the Company in completing and signing the Company’s termination statement.

7.LEGAL AND EQUITABLE REMEDIES. Because my services are personal and unique and because I may have access to and become acquainted with the Proprietary Information of the Company, the Company shall have the right to enforce this Agreement and any of its provisions by injunction, specific performance or other equitable relief, without bond and without prejudice to any other rights and remedies that the Company may have for a breach of this Agreement.

8.NOTICES. Any notices required or permitted hereunder shall be given to the appropriate party at the address specified below or at such other address as the party shall specify in writing. Such notice shall be deemed given upon personal delivery to the appropriate address or if sent by certified or registered mail, three (3) days after the date of mailing.

9.NOTIFICATION OF NEW EMPLOYER. In the event that I leave the employ  of  the  Company,  I  hereby consent to the notification of my new employer  of my rights and obligations under this    Agreement.

		
	10.
	GENERAL PROVISIONS.

10.1    Governing Law; Consent to Personal Jurisdiction. This Agreement will be governed by and construed according to the laws of the State of California, as such laws are applied to agreements entered into and to be performed entirely within California between California residents. I hereby  expressly  consent to  the  personal jurisdiction of the state and federal courts located in San Francisco County, California, for any lawsuit filed there against me by Company arising from or related to this Agreement.

10.2    Severability. In case any one or more of the provisions contained in this Agreement shall, for any reason, be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or 

unenforceability shall not affect the other provisions of this Agreement, and this Agreement  shall be construed as if such invalid, illegal or unenforceable provision had never been contained herein. If moreover, any one or more of the provisions contained in this Agreement shall for any reason be held to be excessively broad as to duration, geographical scope, activity or subject, it shall be construed by limiting and reducing it, so as to be enforceable to the extent compatible with the applicable law as it shall then appear.

10.3    Successors and Assigns. This Agreement will be binding upon my heirs, executors, administrators and other legal representatives and will be for the benefit of the Company, its successors, and its assigns.

10.4    Survival. The provisions of this Agreement shall survive the termination of my employment and the assignment of this Agreement by the Company to any successor in interest or other assignee.

10.5    Employment.    I     agree     and understand that nothing in this Agreement shall confer any right with respect to continuation of employment by the Company, nor shall it interfere in any way with my right or the Company’s right to terminate my employment at any time, with or without cause.

10.6    Waiver. No waiver by the Company of any breach of this Agreement shall be a waiver of any preceding or succeeding breach. No waiver  by   the  Company   of  any   right  under   this Agreement shall be construed as a waiver of any other right.    The  Company  shall  not  be  required  to give notice to enforce strict adherence to all terms of this Agreement.

10.7   Advice   of   Counsel.    I ACKNOWLEDGE THAT, IN EXECUTING THIS AGREEMENT, I HAVE HAD THE OPPORTUNITY TO SEEK THE ADVICE OF INDEPENDENT LEGAL COUNSEL, AND I HAVE READ AND UNDERSTOOD ALL OF THE TERMS  AND PROVISIONS OF THIS AGREEMENT. THIS AGREEMENT SHALL NOT BE CONSTRUED AGAINST ANY PARTY BY REASON OF THE DRAFTING OR PREPARATION HEREOF.

10.8 Entire Agreement. The obligations pursuant to Sections 1 and 2 of this Agreement shall apply to any time during which I was previously employed, or am in the future employed, by the Company as a consultant if no other agreement governs nondisclosure and assignment of inventions during such period. This Agreement is the final, complete and exclusive 

 
agreement of the parties with respect to the subject matter hereof and supersedes and merges all prior discussions between us. No modification of or amendment to this Agreement, nor any waiver of any rights under this Agreement, will be effective unless in writing and signed by the party to be charged. Any subsequent change or changes in my duties, salary or compensation will not affect the validity or scope of this Agreement.

This Agreement shall be effective as of the first day  of my  employment with  the  Company, namely:
03/31/2014

I HAVE READ THIS AGREEMENT CAREFULLY AND UNDERSTAND ITS TERMS. I HAVE COMPLETELY FILLED OUT EXHIBIT B TO THIS AGREEMENT.

Dated:  02/28/2014

/s/ Erica Schultz                    
Erica Schultz

ACCEPTED AND AGREED TO: NEW RELIC, INC.

By: /s/ Mark Sachleben    
Title: CFO    

188 Spear 1200 SF, CA 94105
(Address)

Dated: 28 MAR 2014

EXHIBIT B

LIMITED EXCLUSION NOTIFICATION

THIS IS TO NOTIFY you in accordance with Section 2872 of the California Labor Code that the foregoing Agreement between you and the Company does not require you to assign or offer to assign to the Company any invention that you developed entirely on your own time without using the Company’s equipment, supplies, facilities or trade secret information except for those inventions that either:

1.Relate at the time of conception or reduction to practice of the invention to the Company’s business, or actual or demonstrably anticipated research or development of the Company; or

		
	2.
	Result from any work performed by you for the Company.

To the extent a provision in the foregoing Agreement purports to require you to assign an invention otherwise excluded from the preceding paragraph, the provision is against the public policy of this state and is unenforceable.

This limited exclusion does not apply to any patent or invention covered by a contract between  the Company and the United States or any of its agencies requiring full title to such patent or invention to be in the United States.

I ACKNOWLEDGE RECEIPT of a copy of this notification.

By:/s/ Erica Schultz    
       Erica Schultz
Date: 02/28/2014                                                                                            

WITNESSED BY:

/s/ Mark Sachleben

Mark J. Sachleben
(PRINTED NAME OF REPRESENTATIVE)

EXHIBIT C

TO:    New Relic, Inc.
FROM:    Erica Schultz
SIGNATURE:   /s/ Erica Schultz
DATE:     02/28/2014

SUBJECT:    Previous Inventions

1.Except as listed in Section 2 below, the following is a complete list of all inventions or improvements relevant to the subject matter of my employment by New Relic, Inc. (the “Company”) that have been made or conceived or first reduced to practice by me alone or jointly with others prior to my engagement by the Company:

		
	X
	 No inventions or improvements. 

		
	☐
	See below:

☐      Additional sheets attached.

2.Due to a prior confidentiality agreement, I cannot complete the disclosure under Section 1 above with respect to inventions or improvements generally listed below, the proprietary rights and duty of confidentiality with respect to which I owe to the following party(ies):
	
						
	 
	Invention or Improvement
	 
	Party(ies)
	 
	Relationship

	1.
	 
	 
	 
	 
	 

	2.
	 
	 
	 
	 
	 

	3.
	 
	 
	 
	 
	 

☐      Additional sheets attached.EX-10.1

 Exhibit 10.1 

TRANSITION AND RETIREMENT AGREEMENT 

MKS Instruments, Inc., a Massachusetts corporation (the “Company”), and John R. Abrams of Lowell, MA (“Employee”)
(collectively, the “Parties”) agree, effective May 9, 2018, as follows: 
 WHEREAS, Employee is currently employed by the
Company as the Senior Vice President of Global Sales and is a party to an employment agreement with the Company effective August 1, 2016 (the “2016 Employment Agreement”); 

WHEREAS, Employee has informed the Company that he wishes to retire on February 28, 2019 (the “Retirement Date”); 

WHEREAS, the Company desires to retain Employee in order to facilitate the orderly transition of his duties, and Employee has agreed to
continue his employment and provide transition assistance to the Company for a period of time until his Retirement Date on the terms described below; and 

WHEREAS, Employee and the Company desire to enter into this Transition and Retirement Agreement (the “Transition and Retirement
Agreement” or “Agreement”), effective as of the date set forth above, which Transition and Retirement Agreement shall supersede and replace the 2016 Employment Agreement between the Parties, except as noted in Section 12 of this
Agreement; 
 NOW, THEREFORE, the Parties agree as follows: 

1. Employment. The Company will continue to employ Employee and Employee will serve on an
at-will basis, subject to the terms and conditions set forth below. Employee will continue to perform his regular duties as Senior Vice President of Global Sales for such period as shall be requested by the
Chief Executive Officer of the Company (“CEO”). At the request of the CEO, Employee shall transition to Advisor, in which capacity he shall provide transition assistance duties that include, but are not limited to, transitioning his
responsibilities for key customers and his other duties to the Company’s designee. Employee’s employment with the Company will end on the Retirement Date. Employee agrees to continue to comply with the Company’s policies at all times
while Employee remains an employee of the Company, as well as thereafter as set forth in this Agreement. 
 2. Confidential Information
Agreement. The MKS Instruments, Inc. Confidential Information, Intellectual Property and Non-Solicitation Agreement (the “Confidential Information Agreement”) dated July 29, 2016 shall
remain in effect for the remainder of Employee’s employment with the Company and after the Employee’s employment ends as set forth in the Confidential Information Agreement. 

 3. Duty to The Company. While employed by the Company, Employee: (a) will devote his
or her full working time (to the extent requested by the CEO), and will devote his best efforts, to performing his duties hereunder and in promoting the business of the Company; and (b) will not (without the prior, express, written consent of
the CEO) engage in any other business activity (whether or not for gain). Notwithstanding the previous sentence, this Transition and Retirement Agreement does not prohibit Employee from managing his or her personal investments or engaging in
charitable and unpaid professional activities (including serving on charitable and professional boards), so long as doing so does not materially interfere with Employee’s work for the Company or violate Section 7 of this Agreement. 

4. Compensation. 
 (a)
Base Salary. The Company will pay Employee a base salary at the rate of $394,000 per year (the “Base Salary”), in accordance with the Company’s normal payroll practices. The Company may review and adjust the amount of the Base
Salary from time to time in its sole discretion. The parties intend that, if Employee’s role as Advisor results in a significant reduction in his hours of service to the Company, Executive’s Base Salary will be adjusted on a pro rata basis
(but not below 50%) to reflect such reduction in hours. 
 (b) Incentive Compensation Plan. Prior to becoming an Advisor, Employee
will be entitled to participate in the Company’s Annual Corporate Management/Key Employee Bonus Plan, to the extent applicable to Employee’s position. Upon becoming an Advisor, Employee will no longer participate in the Company’s
Annual Corporate Management/Key Employee Bonus Plan. 
 (c) Stock Incentive Plan. Employee will not be eligible for new equity awards
under the Company’s 2014 Stock Incentive Plan. 
 (d) Benefits. While employed by the Company (including while serving as an
Advisor), Employee will continue to be eligible to receive the employment benefits that he is currently receiving unless otherwise stated in this Transition and Retirement Agreement. Employee’s participation in the Company’s generally
available employee benefit plans, which currently include medical, dental, vision, life, accidental death and dismemberment, short-term disability and long-term disability insurance, a 401(k) savings plan and an employee stock purchase plan, is
subject to the terms and conditions of each plan. 
 (e) Paid Time Off. Employee will be eligible for 18 days of paid vacation per
year, plus paid sick time and holidays, all subject to the terms and conditions of the Company’s policies. 
 (f) Expenses. For
the remainder of his employment, the Company will reimburse Employee for expenses Employee reasonably incurs in performing his or her duties, to the extent provided in the Company’s expense reimbursement policies. Reimbursement of expenses in
one tax year will not affect reimbursement of expenses in any other tax year. 

  
 2 

 (g) Retention Payment. If (i) Employee retires on his Retirement Date and has
complied with all of Employee’s obligations under this Transition and Retirement Agreement and the Confidential Information Agreement throughout the term of this Agreement, and (ii) Employee executes, provides to the Company within 45 days
after the Retirement Date and does not thereafter revoke or attempt to revoke, a general release of claims in a form satisfactory to the Company (“General Release”), the Company shall make a single lump sum retention award payment to
Employee equal to $830,000 (the “Retention Payment”) within 60 days after the Retirement Date. 
 5. End of Employment.
Either Employee or the Company may end the employment relationship at any time, for any reason, with or without notice or cause. The employment relationship will end automatically and immediately upon the earliest of the Retirement Date or
Employee’s death or entitlement to long-term disability benefits under the Company’s long-term disability program. The date on which Employee’s employment ends for any reason is referred to in this Agreement as the “Employment
End Date.” If Employee resigns prior to the Retirement Date or the Company terminates Employee’s employment, the Company will (in either case) have the right at any time and for any reason in its sole discretion to decide the Employment
End Date. In no event will the Company’s deciding the Employment End Date following Employee’s notice of resignation prior to the Retirement Date be considered a resignation and not a notice of termination by the Company of Employee’s
employment. 
 6. Company Obligations Upon End of Employment. When the employment relationship ends, the Company will have no
obligation to pay or provide Employee at any time any compensation, payment or benefit of any kind, except as expressly provided in Sections 6(a) and (b) below. 

(a) Minimum Obligations. When the employment relationship ends, no matter how it ends: (i) the Company will pay Employee any
unpaid Base Salary through the Employment End Date; (ii) Employee will be entitled to accrued, vested benefits under the Company’s benefit plans and programs to the extent provided in Section 4(d); (iii) the Company will pay Employee
for any accrued but unused vacation; and (iv) the Company will reimburse Employee for any unreimbursed expenses incurred through the Employment End Date to the extent provided in Section 4 (f). 

(b) Certain Terminations by Company Prior to Retirement Date. In addition to the minimum obligations set forth in paragraph
(a) above, the Company shall make a single lump sum payment to Employee equal to the Retention Payment that would otherwise apply under Section 4(g) above within 60 days after the Employment End Date, if and only if all of the following
conditions are satisfied: (i) The Company terminates Employee’s employment without “Cause” (as defined below) prior to the Retirement Date and the Retention Payment in Section 4(g) does not apply; (ii) Employee has not
resigned or provided notice of resignation prior to the Retirement Date, and has not died or become disabled as defined in Section 216(i)(1) of the U.S. Social Security Act; (iii) Employee has complied with and continues to comply with all
of Employee’s obligations under this Transition and Retirement Agreement and the Confidential Information Agreement; and (iv) Employee executes, provides to the Company within 45 days after the Employment End Date and does not thereafter
revoke or attempt to revoke, a General Release. The Company’s good-faith determination that one or more of the conditions listed above has not been satisfied will be binding and conclusive. 

  
 3 

 (c) “Cause.” “Cause” to terminate Employee’s employment
will exist if Employee: 
 (i) commits a felony or engages in fraud, misappropriation or embezzlement; 

(ii) knowingly fails or refuses to perform Employee’s duties in a material way and, to the extent that the Company determines such failure
or refusal can reasonably be cured, fails or refuses to effect a cure within 10 days after the Company notifies Employee in writing of the failure or refusal; 

(iii) knowingly causes, or knowingly creates a serious risk of causing, material harm to the Company’s business or reputation; or 

(iv) breaches, in a material way, this Transition and Retirement Agreement, the Confidential Information Agreement or any other agreement
between Employee and the Company, and, to the extent that the Company determines such breach can reasonably be cured, fails or refuses to effect a cure within 10 days after the Company notifies Employee in writing of the breach. 

7. Non-Competition. 

(a) During Employee’s MKS Employment (as defined below) and for 12 months immediately thereafter (together, the “Non-Compete Period”), Employee will not engage in or otherwise carry on, directly or indirectly anywhere in the world (as principal, agent, employee, employer, investor, shareholder (except for holdings
of no greater than 1% of the total outstanding shares in a publicly-traded company), consultant, partner, member, manager, financier or in any other individual or representative capacity of any kind whatsoever), any Competitive Activity
(as defined below). 
 (b) “MKS Employment” means the period beginning on the first day that Employee is employed by the
Company and ending on the first day on which Employee is no longer employed by any MKS Entity (as defined below). 
 (c) “MKS
Entity” means (i) the Company; (ii) any current or future parent, subsidiary or affiliate of the Company; or (iii) any successor or assign of (i) or (ii). 

(d) “Competitive Activity” means business or activity competitive with an MKS Entity but only to the extent that business or activity
is related to, similar to or competitive with the activities of the business unit(s), division(s), laborator(y)(ies), facilit(y)(ies) and other operational unit(s) in or for which Employee performed work for an MKS Entity or about which Employee
acquired Proprietary Information (as defined in the Confidential Information Agreement). 

  
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 (e) The Non-Compete Period will be extended for any
period during which Employee is in breach of this Transition and Retirement Agreement or the Confidential Information Agreement. 
 (f) If
any court of competent jurisdiction determines that this Section 7 is unenforceable because the Non-Compete Period is too long or because Competitive Activity includes too great a range of activities or
too wide a geographic scope, the parties agree that this Section 7 should be interpreted to extend only over the maximum period of time or range of activities or geographic scope as to which it may be enforceable. 

(g) The post-employment restrictions on Employee’s conduct contained in this Transition and Retirement Agreement and in the Confidential
Information Agreement: (i) will continue to apply even if Employee’s duties, title, compensation, location or other terms or conditions of employment change, and even if such change or changes are material; and (ii) will apply
regardless of how or why Employee’s employment ends. 
 (h) The Company and Employee agree that violation by Employee of any of the
provisions of this Section 7 of this Transition and Retirement Agreement would cause the Company irreparable harm beyond what could reasonably or adequately be compensated in damages, and that the Company would therefore be entitled (in
addition to the Company’s other remedies) to an injunction, declaratory judgment or restraining order against any such violation or threatened violation. 

8. Code Section 409A Compliance. 

(a) Where this Transition and Retirement Agreement refers to Employee’s termination of employment for purposes of receiving any payment,
whether such a termination has occurred will be determined in accordance with Section 409A of the Internal Revenue Code (the “Code”) and Treasury Regulation Section 1.409A-1(h) (or any
successor provisions) to the extent required by law. 
 (b) To the extent that benefits under this Agreement are contingent upon Employee
providing a General Release, Employee will sign and return the General Release within the reasonable time period designated by the Company, which will not be more than 45 days. If the period for Employee to review a General Release plus any
revocation period crosses calendar years, payments contingent upon the Release will be made in the later calendar year. Any payments contingent upon the General Release that would otherwise be made during the period for review and revocation of the
General Release will be made, provided that the General Release is timely executed and returned to the Company and not revoked, on the first scheduled payment date after such period ends. Each payment in respect of Employee’s termination of
employment under Section 6 of the Transition and Retirement Agreement is designated as a separate payment for Section 409A purposes. 

  
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 (c) If Employee is designated as a “Specified Employee” within the meaning of Code
Section 409A (while the Company is publicly traded), any deferred compensation payment subject to Section 409A to be made during the six-month period following Employee’s termination of
employment will be withheld and the amount of the payments withheld will be paid in a lump sum, without interest, during the seventh month after Employee’s termination; provided, however, that if Employee dies prior to the expiration of such
six month period, payment to Employee’s beneficiary will be made as soon as reasonably practicable following Employee’s death. The Company will identify in writing delivered to Employee any payments it reasonably determines are subject to
delay under this Section 8(c). In no event will the Company have any liability or obligation with respect to taxes for which Employee may become liable as a result of the application of Code Section 409A. 

9. Withholding. The Company will deduct from the amounts payable to Employee pursuant to this Transition and Retirement Agreement all
withholding amounts and deductions required by law or authorized by Employee. 
 10. Changes to Plans and Policies. Nothing in this
Transition and Retirement Agreement will: (a) require the Company or its affiliates to establish, maintain or continue any incentive compensation plan, stock incentive plan or other benefit plan, policy or arrangement; (b) restrict the
right of the Company or any of its affiliates to amend, modify or terminate any such plan, policy or arrangement; (c) entitle Employee to participate in any such plan policy or arrangement at any specified level (or at all) in any year; or
(d) prevent any future change to any such plan, policy or arrangement from applying to Employee in accordance with the terms of the change. 

11. Assignment. The rights and obligations of the Company under this Transition and Retirement Agreement will inure to the benefit of,
and be binding upon, the Company’s successors and assigns. The rights and obligations of Employee under this Transition and Retirement Agreement will inure to the benefit of, and will be binding upon, Employee’s heirs, executors and legal
representatives. Employee may not delegate or assign any obligations under this Transition and Retirement Agreement. 
 12. Entire
Agreement and Severability. This Transition and Retirement Agreement supersedes and replaces any and all other agreements, either oral or in writing, between Employee and the Company with respect to the Company’s employment of Employee
(including the Employment Agreement between the Company and the Employee that became effective on August 1, 2016), with the exception of (i) the Confidential Information Agreement, which remains in effect as set forth in Section 3
above; and (ii) the Restricted Stock Unit Agreements under the Company’s 2014 Stock Incentive Plan, entered into by Employee on each of February 15, 2016, February 15, 2017, and February 15, 2018 (collectively, the “RSU
Agreements”), awards under which shall vest or be forfeited in accordance with the terms of such respective agreements. This Transition and Retirement Agreement, the Confidential Information Agreement and

  
 6 

 
the RSU Agreements contain all of the covenants and agreements between the parties with respect to such employment. Neither party is entering into this Transition and Retirement Agreement on the
basis of any representation, inducement, promise or agreement, oral or otherwise, by any party, or by any one acting on behalf of any party, which is not stated herein. Any modification of this Agreement will be effective only if it is in writing
and signed by both Parties. If any provision in this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions will nevertheless continue in full force and effect without being impaired or
invalidated in any way. 
 13. Miscellaneous. This Transition and Retirement Agreement and the rights and obligations of the parties
hereunder will be governed by, and construed in accordance with, the laws of the Commonwealth of Massachusetts, excluding (but only to the extent permitted by law) its conflict of laws and choice of law rules. The Parties agree that service of any
process, summons, notice or document by U.S. certified mail or overnight delivery by a generally recognized commercial courier service to Employee’s last known address (or any mode of service recognized to be effective by applicable law) will
be effective service of process for any action, suit or proceeding brought against Employee. The failure of either party hereto to enforce any right under this Agreement will not be considered a waiver of that right, or of damages caused thereby, or
of any other rights under this Agreement. 
 14. Assistance. Employee promises to assist the Company with any investigation or legal
claim relating to his employment by making himself available upon reasonable notice for interviews or testimony. If Employee’s cooperation requires him to incur expenses, the Company will provide reimbursement if Employee provides appropriate
documentation of the expenses. 
 15. Arbitration and Waiver of Jury Trial. 

(a) Any “Legal Dispute” (as defined below) between Employee and any MKS Entity (or between Employee and any employee or agent of
any MKS Entity, to the extent directly or indirectly arising from or relating in any way to Employee’s employment with or separation from the Company) will be resolved by final and binding arbitration. Notwithstanding the foregoing sentence,
the Company may, in its sole discretion, obtain preliminary injunctive relief enforcing the provisions of the Confidential Information Agreement or Section 7 of this Transition and Retirement Agreement from any court of competent jurisdiction.

 (b) “Legal Dispute” means a dispute about legal rights or legal obligations, including but not limited to any rights or
obligations arising under this Transition and Retirement Agreement; the Confidential Information Agreement; any other agreement; any applicable legal or equitable doctrine; any applicable common law theory; or any applicable federal, state or local,
statute, regulation or other legal requirement. 

  
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 (c) The arbitration will be held in the Commonwealth of Massachusetts. It will be conducted in
accordance with the then-prevailing Employment Arbitration Rules of the American Arbitration Association. 
 (d) Notwithstanding any other
provision of this Transition and Retirement Agreement or any other agreement or of any arbitration rules, no Legal Dispute involving any MKS Entity may be included in any class or collective arbitration or any other class or collective proceeding.
The exclusive method for resolving any such Legal Dispute will be arbitration on an individual basis. 
 (e) Any issues about whether a
dispute is subject to arbitration will be determined by a court of competent jurisdiction and not by an arbitrator. Any issues about the meaning or enforceability of Section 15(d) will be decided by a court of competent jurisdiction and not by
an arbitrator. 
 (f) The Company, Employee and the arbitrator will treat all aspects of the arbitration proceedings, including without
limitation, discovery, testimony and other evidence, briefs and the award, as strictly confidential, except that the arbitration award may be disclosed to the extent necessary to enforce the award, the provisions of the Confidential Information
Agreement or the provisions of this Transition and Retirement Agreement. 
 (g) Employee and the Company understand and acknowledge that by
agreeing to arbitrate the disputes covered by this Section 15, they are waiving the right to resolve those disputes in court and waiving any right to a jury trial with respect to those disputes. 

16. Knowing and Voluntary Agreement. Employee acknowledges that this Transition and Retirement Agreement was provided to Employee at
least 7 days before its effective date. Employee understands that Employee has the right to consult counsel before signing this Agreement. 

IN WITNESS WHEREOF, the parties hereto have executed, in the Commonwealth of Massachusetts, this Transition and Retirement Agreement as a
sealed instrument, all as of the day, month and year first written above. 
  

			
	MKS INSTRUMENTS, INC.	  	
		
	By: /s/ Catherine
Langtry                                        
        	  	Dated: May 9, 2018
	Name: Catherine Langtry	  	
	Title: Senior Vice President, Global Human Resources	  	

  
 8 

			
	/s/ John R.
Abrams                                        
        	  	Dated: May 9, 2018
	JOHN R. ABRAMS, EMPLOYEE	  	

  
 9

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