Document:

Non-Competition Agreement

 NON-COMPETITION AGREEMENT 
 This Agreement (“Agreement”) is made and entered into as of this 21 day of July, 2006, by and between Reptron Electronics, a Florida
corporation (“Reptron”), and Charles L. Pope (“Executive”). 
 WHEREAS, Executive and Reptron have entered into a
Severance Agreement, dated July 21, 2006 (the “Severance Agreement”), by which upon the satisfaction of certain conditions, Reptron will provide Executive with post-employment severance in the amounts set forth in the Severance Agreement.

 WHEREAS, a key condition of Reptron entering into the Severance Agreement is Executive entering into this Agreement simultaneous with the
Severance Agreement and restricting his right to compete against Reptron. 
 NOW, THEREFORE, in consideration of the promises and mutual
covenants herein contained and contained in the Severance Agreement the parties agree as follows: 
 1. Severance. Reptron’s
obligation to make any payments or offer any benefits to Executive under the Severance Agreement is conditioned on, among other things, the full compliance by Executive with the terms and conditions of this Agreement.
 2. Scope of Employer Protection. Reptron is a national concern that does business throughout the United States. In his employment with Reptron,
Executive has performed services in more than one city, county or state in the United States, and has gained access to Confidential Information that pertains not only to the specific area in which Executive lives and/or works but also to other
cities, counties, and states in which Reptron does business. The protections stated herein are intended to protect Reptron to the fullest extent possible in all of the cities, counties, and states in the United States in which Reptron does business.

 3. Non-Competition. In return for the right to receive the severance benefits provided in the Severance Agreement, Executive hereby
agrees that Executive will not during his employment with the Company, and for a period of one year immediately following the termination by the Company of such employment for any reason, Executive shall not, directly or indirectly, own, have any
interest in, act as an officer, director, agent, employee, shareholder, owner, partner, joint venturer, or consultant of, or assist in any way or in any capacity any person, firm, association, partnership, corporation or other entity which engages
or proposes to engage in any business in competition with the business of Reptron (a “Competitive Entity”). The restrictions of this section prohibiting ownership in a Competitive 

 
Entity shall not apply to Executive’s ownership of less than one percent (1%) of publicly-traded securities of any Competitive Entity or less
than five percent (5%) of the capital stock of a competing business whose stock is not publicly traded. 
 If the Company fails to make
any payment or provide any benefit due Executive under the Severance Agreement, Executive shall give the Company written notice of such omission and the Company shall have seven (7) days after receipt of such notice to cure the failure to make
such payment or provide such benefit. Executive’s obligation under this Section 3 of this Agreement shall be conditioned upon Reptron making all payments to Executive and providing the benefits due Executive under the Severance Agreement
after such notice and opportunity to cure as provided herein. 
 4. Reasonableness. While the Executive and Reptron acknowledge that
the restrictions contained in this section are reasonable, in the unlikely event that any court should determine that any of the restrictive covenants contained in this section, or any part thereof, is unenforceable because of the duration of such
provision, the area covered thereby or any other basis, such court shall have the power to reduce the duration or area of such provision or otherwise amend it and, in its reduced form, such provision shall then be enforceable and shall be enforced.

 5. Acknowledgement of Irreparable Harm. Executive acknowledges that he has received confidential information during the term of his
employment with Reptron which is special and unique to Reptron and that the disclosure of any Confidential Information or the breach of any of the terms and covenants of this Non-Competition Agreement will result in irreparable and continuing harm
to Reptron for which there will be no adequate remedy at law. 
 6. Remedies. Executive agrees, that in the event he fails to abide by
this Agreement, Reptron shall be entitled to specific performance, including immediate issuance of a temporary restraining order and/or preliminary or permanent injunctive relief enforcing this Agreement, without the necessity of proof of actual
damages and without posting bond for such relief, and to judgment for damages caused by his breach, and to any other remedies provided by applicable law. In the event any of the terms or conditions of this Agreement are found unreasonable by a court
of competent jurisdiction, Executive agrees to accept as binding in lieu thereof, any such lesser restrictions which said court may deem reasonable. 
 7. Notification of Other Employment. In order to allow Reptron to evaluate risks to its business interests and to take steps, if necessary, to protect its rights under this Agreement and other Agreements
between Executive and Reptron, Executive agrees to notify Reptron, prior to accepting any position with any third party, whether as an employee or independent contractor, and prior to commencing any business. He also agrees to inform any new
employer, prior to accepting employment or providing services, of the existence of this Non-Competition Agreement. 
  

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 8. Scope. The scope and effect of the covenants contained in this Agreement shall be as broad as
may be permitted under the provisions of applicable law. To the extent that the language of such covenants may be greater than permitted by applicable law, that portion thereof shall be ineffective, but the provisions of the covenants shall
nevertheless remain effective with respect to such portion of the covenants as shall be permitted by applicable law. 
 9. Entire
Agreement. This document is the entire, final, and complete agreement and understanding of the parties with respect to Executive’s possible competition with Reptron and, if this Agreement directly conflicts with any other written and oral
agreements made or executed by and between the parties or their representatives, this Agreement shall supersede all such agreements with respect to this limited topic. 
 10. Waiver. A waiver of any provision of this Agreement shall not be deemed, or shall not constitute, a waiver of any other provision, whether or not similar, nor shall any waiver constitute a continuing
waiver. No waiver shall be binding unless executed in writing by the parties making the waiver. 
 11. Binding Effect. All rights,
remedies, and liabilities herein given to or imposed upon the parties shall extend to, inure to the benefit of, and bind, as the circumstances may require, the parties or their representative heirs, personal representatives, administrators,
successors and assigns. 
 12. Amendments. No supplement, modification, or amendment of this Agreement shall be valid, unless the same
is in writing and signed by all parties thereto. 
 13. Severability. In the event any provision or portion of this Agreement is held
to be unenforceable or invalid by any court of competent jurisdiction, the remainder of this Agreement shall remain in full force and effect and shall in no way be affected or invalidated thereby. 
 14. Attorneys’ Fees. If litigation is commenced by either party to enforce any provision of this Agreement, or by reason of any breach of
this Agreement, the prevailing party shall be entitled to recover reasonable costs and attorneys’ fees, both at trial and on appeal. 
 15. Governing Law. This Agreement and the rights of the parties hereunder shall be governed, construed and enforced in accordance with the laws of the State of Florida, without regard to its conflict of law principles. Any suit or
action arising out of or in connection with this Agreement, or any breach hereof, shall be brought and maintained in the federal or state courts in Tampa, Florida. The parties hereby irrevocably submit to the jurisdiction of such courts for the
purpose of such suit or action and hereby expressly and irrevocably waive, to the fullest extent permitted by law, any suit or action in any such court and any claim that any such suit or action has been brought in an inconvenient forum. 

 

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 16. No Pressure or Coercion. Executive acknowledges that he has read this Agreement and is being
given an opportunity to consider it and discuss it with financial and legal counsel of his choice. 
 17. Voluntary Act.
Executive covenants that he has freely and voluntarily executed this Agreement, with a complete understanding of its terms and present and future effect, and without any undue pressure or coercion from Reptron. 
 18. Notices. All notices to the Company shall be in writing and shall be deemed given when received by the Company as long as such notice is sent
by registered or certified mail, return receipt requested, postage prepaid, and addressed to the intended recipient as set forth below: 
  

			
	If to the Company:	  	Reptron Electronics, Inc.
		  	13700 Reptron Blvd.
		  	Tampa, Florida 33626
		  	Attention: CEO and President
		
	Copy to:	  	Schwabe Williamson & Wyatt, P.C.
		  	1211 SW 5th Avenue, Suite 1900
		  	Portland, Oregon 97204
		  	Attention: A. Jeffery Bird

 IN WITNESS THEREOF, the parties have executed this Agreement on the respective dates set forth
below. 
  

							
	 EXECUTIVE
	  	REPTRON ELECTRONICS, INC.
				
	Name:	 	 /s/ Charles L. Pope
	  	By	 	 /s/ Paul J. Plante

	Date:	 	July 21, 2006	  	Name:	 	 Paul J. Plante

		 		  	Title:	 	 President and Chief Executive Officer

		 		  	Date:	 	 July 21, 2006

  

 - 4 -Embrex, Inc. Short-Term Incentive Plan

 Exhibit 10.1 
 Embrex, Inc. 
 Short-Term Incentive Plan 
 1. Purpose. This Short-Term Incentive Plan (this “Plan or “STIP”) was established by Embrex, Inc. (the “Company”) to
enable the Company to continue to attract, retain, and motivate employees by providing Participants significant incentive compensation for meeting and exceeding the Company’s Adjusted EPS Growth Rate and other financial performance targets.
Basing a portion of each eligible Employee’s potential incentive pay on the overall performance of the Company as measured by the Company’s Adjusted EPS Growth Rate allows the Company to better align the interests of the Company’s
employees with those of the Company’s shareholders, furthers the overall strategic objectives of the Company, and adds additional economic value to the Company and its shareholders. 
 2. Effective Date. The initial effective date of the Plan shall be July 20, 2006. Although the performance criteria may change or be adjusted
from year to year, the Plan will remain in effect from year to year (each calendar year shall be referred to herein as a “Plan Year”) until such time as the Plan is amended or terminated in writing by the Company’s Board of Directors
as provided in Section 11 or the occurrence of a Change in Control as provided in Section 8. 
 3. Definitions. The
following terms shall have the meanings ascribed to such terms in this Section unless the context clearly requires otherwise: 
 “Adjusted Earnings” for a given Plan Year shall be equal to the reported Net Income for the Plan Year, except in extraordinary circumstances as determined by the Plan Administrator, in the Plan Administrator’s sole
discretion. For purposes of computing Adjusted Earnings for the 2006 Plan Year only, the following items shall be added to Net Income: 
 (1)
all after-tax severance-related expense recognized in earnings in the applicable calendar year in connection with major corporate restructurings; and 
 (2) all after-tax stock-based compensation expense recognized in 2006 earnings in excess of all such expense recognized in 2005 earnings. 
 “Adjusted EPS” for a given Plan Year shall be computed by the Plan Administrator, in the Plan Administrator’s sole discretion, by dividing Adjusted Earnings for said Plan Year by the number in
the denominator of the fraction used for calculating said Plan Year’s Diluted EPS as computed in accordance with generally accepted accounting principles. 
 “Adjusted EPS Growth Rate” shall be computed by the Plan Administrator, in the Plan Administrator’s sole discretion, as follows: (Adjusted EPS for the applicable Plan Year divided by the
Adjusted EPS for the immediately preceding Plan Year) minus 1. 
 “Award” and “Awards” shall mean
any of the payments that may be paid to Participants pursuant to this Plan. 

 “Board” shall mean the Board of Directors of the Company. 
 “Cause” for purposes of this Plan shall mean (i) the willful and continued failure by a Participant to perform substantially his or
her duties with the Company (other than any such failure resulting from Participant’s disability) for a significant period of time, or (ii) the willful engaging by a Participant in gross misconduct materially and demonstrably injurious to
the Company. 
 “Change in Control” shall have the meaning set forth in Section 8 hereof. 
 “Company” shall mean Embrex, Inc., a North Carolina corporation, and its wholly owned subsidiaries. 
 “Company-Level Multiplier” shall have the meaning set forth in Section 6(a) hereof. 
 “Executive Award Pool” shall have the meaning set forth in Section 6(b)(1) hereof. 
 “Executive Participant” shall mean the current or former President or any current or former Vice President of the Company who is
eligible to participate in this Plan. 
 “Net Income” for a given Plan Year shall mean the Company’s net income for
that particular Plan Year as computed in accordance with generally accepted accounting principles and reported in the Company’s financial statements for the applicable Plan Year. 
 “Non-Executive Award Pool” shall have the meaning set forth in Section 6(c)(1) hereof. 
 “Non-Executive Participant” shall mean any current or former employee of the Company who is eligible to participate in this Plan and who
is not deemed to be an Executive Participant. 
 “Notice Letter” shall mean a letter issued to a Participant by the Company
under the direction of the Board setting forth the Participant’s Target Award Percentage. Notice Letters shall only be issued to those Participants for whom the Board has established a Target Award Percentage other than five percent (5%).

 “Participant” shall mean any Executive Participant or Non-Executive Participant. 
 “Plan” shall mean this Short-Term Incentive Plan. 
 “Plan Administrator” shall mean the Board of Directors of the Company or the Board’s duly appointed delegate for such purposes. 
  

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 “Plan Year” shall mean a calendar year consisting of the 12-month period beginning each
January 1st and ending each December 31st. 
 “Preliminary Award” shall
have the meaning set forth in Section 6(a) hereof. 
 “STIP” shall mean this Short-Term Incentive Plan. 
 “Target Award” for a given Participant shall mean the sum of all the Participant’s actual base pay or wages paid by the Company to
the Participant for an applicable Plan Year multiplied by the Participant’s individual Target Award Percentage. For such purposes, the term “base pay” shall not include any other incentive plan payments, bonuses, commissions,
or other similar amounts and shall be determined based on amounts of base pay actually paid during the applicable calendar year. In the event a Participant has not worked the entire Plan Year, base pay shall be calculated based on the amount
actually paid during the Plan Year and not the Participant’s annualized base pay. 
 “Target Award Percentage” for a
given Participant shall mean five percent (5%) unless otherwise established by approval of the Board and communicated to the applicable Participant in a Notice Letter. 
 4. Eligibility/Plan Entry. Each executive officer (i.e., the President and Vice Presidents) of the Company hired on or before the first business
day in October of the applicable Plan Year shall automatically be considered an Executive Participant eligible to participate in the Plan. In addition, the Board (or the Board’s delegate for purposes of determining Plan eligibility for
Non-Executive Participants) may, in the Board’s (or its delegate’s) complete and sole discretion, designate any other employee hired on or before the first business day in October of a Plan Year to participate in the Plan for said Plan
Year. 
 5. Administration of the Plan. The Plan shall be administered by the Board or the Board’s duly appointed delegate. On an
annual basis, the Board (or its delegate) shall designate the Non-Executive Participants eligible to participate and determine the applicable Adjusted EPS Growth Rate, Company-Level Multiplier, individual Participants’ Target Award Percentages
and such other Company performance criteria necessary to provide for incentive compensation under the Plan. The Board shall also review and approve any proposed amendments to the Plan as the Board, in the Board’s sole discretion, deems
necessary and appropriate from time to time. The Board shall have sole discretion to administer, construe, and interpret the terms of the Plan, resolve disputes arising in the operation of the Plan, and to establish such rules as it deems necessary
for handling special situations or circumstances which develop in the administration of the Plan. Notwithstanding any other provisions of this Plan to the contrary, the Board shall have authority, in the Board’s sole discretion, to provide for
payment of prorated Awards under the Plan to Participants (or Participants’ beneficiaries) following a Participant’s involuntary separation from service with the Company other than for Cause and in cases of separation from service due to a
Participant’s retirement, death, or disability. The Board shall make any and all factual and legal determinations in connection with the administration and interpretation of the Plan. The Board’s decisions will be final and binding on all
parties, including the Company, the respective Participants, their beneficiaries or heirs, other employees, and Company shareholders. 
  

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 6. Computation and Allocation of Awards. 
 (a) Preliminary Awards. A Participant’s preliminary award (the “Preliminary Award”) for a given Plan Year shall be computed by
multiplying the Participant’s Target Award established for said Plan Year by the company-level multiplier (the “Company-Level Multiplier”) corresponding to the Company’s Adjusted EPS Growth Rate as established and
communicated by the Board (or its delegate) for a given Plan Year. (See attached Exhibit A, as amended from time to time, for applicable Plan Year Company-Level Multiplier.) 
 (b) Executive Award Pool. 
 (1)
Computation. The executive award pool (“Executive Award Pool”) shall equal the sum of the Preliminary Awards for all Executive Participants. 
 (2) Allocation. After reviewing the annual performance appraisals of each Executive Participant, the Board, in the Board’s sole discretion, shall have the authority to make a discretionary adjustment
increasing or decreasing each Executive’s Preliminary Award under the Plan in allocating the entire Executive Award Pool among the Executive Participants. Final allocations of the Executive Award Pool shall be paid to each Executive
Participant, to the extent eligible to receive an allocation, in a lump sum cash payment as soon as administratively practicable following the Board’s review and computation of the Executive Award Pool but in no event shall such Awards be paid
later than two and one-half (2 1/2) months following the end of the applicable Plan Year. 
 (c) Non-Executive Award Pool. 

(1) Computation. The non-executive award pool (“Non-Executive Award Pool”) shall equal the sum of the Preliminary Awards for all
Non-Executive Participants. 
 (2) Allocation. After reviewing the annual performance appraisals of each Non-Executive Participant,
the President of the Company, in the President’s sole discretion, shall have the authority to make individual discretionary adjustments increasing or decreasing each Non-Executive Participant’s Preliminary Award under the Plan in
allocating the entire Non-Executive Award Pool among Non-Executive Participants. Final allocations of the Non-Executive Award Pool shall be paid to each Non-Executive Participant, if determined to be eligible for such an allocation, in a lump sum
cash payment as soon as administratively practicable following the President’s review and computation of the Non-Executive Award Pool for the applicable Plan Year but in no event shall such Awards be paid later than two and one-half (2 1/2) months following the end of the applicable Plan Year. 
 (d) Administrative Discretion. In making decisions regarding employees’ participation in the Plan and/or allocation of Awards under the Plan,
the Board (or the President for purposes of allocating the entire Non-Executive Award Pool among Non-Executive Participants) may consider any factors the Board (or President, as applicable) deems relevant. 
  

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 (e) Withholding Taxes. Payments made under this Plan shall be subject to all withholdings required
at the time of such allocations under any income tax or other laws, whether of the United States or any state, municipality or other taxing authority. 
 7. Termination of Employment; Forfeiture of Unpaid Awards. Awards shall not be considered earned under this Plan unless and until paid. A Participant must remain employed with the Company through the end of the
Plan Year for which a particular Award is to be paid in order to be eligible to receive an Award for that Plan Year. Notwithstanding the foregoing, the Board, in the Board’s sole discretion, may provide for prorated payment of Awards for a
given Plan Year to any Participant whose employment is terminated during the applicable Plan Year: (i) due to the Participant’s retirement, death, or disability; (ii) involuntarily by the Company without Cause; or (iii) due to
other special circumstances. If a Participant who was continuously employed by the Company through the end of a particular Plan Year resigns or otherwise voluntarily terminates his or her employment with the Company or if the Company terminates the
Participant’s employment for Cause at any time following the close of the Plan Year through the time Awards for such Plan Year are actually paid, the Participant shall forfeit all of his or her rights, title and interest in and to any Awards
under the Plan for the given Plan Year and the Company shall have no obligation thereafter to pay any Award to such Participant. 
 8.
Change in Control. In the event of a “Change in Control” of the Company, as such term is then defined in the Company’s most recently executed Change in Control Severance Agreement with any of its officers, the current Plan Year
shall end on the date of said Change in Control and the Company-Level Multiplier to be applied for the portion of such Plan Year that elapsed up through the date of the Change in Control shall be prorated in a corresponding fashion and Awards under
the Plan shall be paid to Participants on a pro rata basis in accordance with the terms of this Plan subject to the Board’s general discretion under Sections 5 and 6 hereof. 
 9. Participant Access to Company’s Financial Information. Participation in the Plan by a Participant does not entitle him or her to any
greater access to the Company’s financial records and related information than the Participant had prior to participating in the Plan. 
 10. Dispute Resolution. This Section 10 sets forth the exclusive procedure to be followed by all Participants in resolving disputes involving Awards or potential Awards under this Plan. All disputes relative to a given Plan Year
must be presented to the Board within thirty (30) days following the payment date of the Award for that Plan Year or the Participant’s right to dispute such a payment will be irrevocably waived. Any Participant with a concern or potential
dispute with respect to an Award under the Plan shall be given an opportunity to present his or her concerns regarding the disputed Award to the Board. A decision will be rendered by the Board within ten (10) business days of the meeting. The
Chair of the Board will be responsible for preparing a written version of the decision to be communicated to the Participant. The decision by the Board regarding the matter shall be final and binding on all Plan Participants. 
 11. Amendment or Termination of this Plan. Upon notice to the affected Participants, the Board shall have the right to amend or terminate this
Plan at any time. Awards under this Plan are not earned or vested unless and until paid to Participants. Amendments may be applied retroactively to the beginning of the then current Plan Year, but shall not affect Awards related to Plan Years that
were completed prior to the time of amendment. 
  

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 12. Miscellaneous. 
 (a) Nothing contained in this Plan guarantees the continued employment of a Participant with the Company and in no way constitutes a contract of employment. The Plan shall not change the status of any
Participant’s employment or the Company’s policies regarding termination of employment. The employment of those Participants who are employees is, and shall continue to be, at-will employment unless such employment is otherwise subject to
the terms and conditions set forth in a Participant’s individual employment agreement. 
 (b) No Award hereunder may be assigned,
pledged, mortgaged or hypothecated and, to the extent permitted by law, no such Award shall be subject to legal process or attachment for the payment of any claims against any Participant entitled to receive the same. 
 (c) The provisions of the Plan shall be construed according to the laws of the State of North Carolina. 
  

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