Document:

Product Manufacturing Agmt between Super Micro Computer, Inc. and Tatung Company

 Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information
subject to the confidentiality request. Omissions are designated as ****. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. 
 Exhibit 10.12 
 SUPER MICRO COMPUTER INC. 
 PRODUCT MANUFACTURING AGREEMENT 
 This Product
Manufacturing Agreement (“Agreement”) is entered into on this 16th day of April, 2004 (“Effective Date”), by and between SUPER MICRO COMPUTER INC. having its principal place located at 980 ROCK AVE, SAN JOSE, CA 95131
(“SMC”), and TATUNG COMPANY (“Manufacturer”). 
 The parties agree as follows: 
  

	1.	AGREEMENT DURATION, WORK, LICENSE 

 1.1
AGREEMENT DURATION: The term of this Agreement shall be for a period of ****. Upon approval of both parties, this Agreement may be renewed for a period of ****. 
 1.2 WORK: 
 (a) Manufacturer agrees to manufacture SMC product (“Product”) pursuant
to purchase orders or changes thereto issued by SMC and accepted by Manufacturer. Manufacturer will be responsible for procuring components, materials, equipment and other supplies, and to manufacture, assemble, test and deliver Products pursuant to
specifications, workmanship standards and quality requirements for each Product as provided to Manufacturer by SMC. The specifications of each Product shall include, but are not limited to, bills of materials (“BOM”), assembly drawings,
process documentation, test specifications, current revision number, and approved vendor list (“Specifications”). 
 (b) The Item Number for each Product shall be according to Attachment A. 
 1.3 LICENSE SMC grants Manufacturer **** license during
the term of this Agreement to use the relevant SMC patents, trade secrets and other intellectual property solely in connection with and to the extent required to manufacture the Products and carry out Manufacturer obligations under this Agreement.

 1.4 NON-DISCLOSURE FORM: Manufacturer will sign a Non-Disclosure Form (per Attachment B) and agrees to abide by the conditions and terms
specified in the Non-Disclosure From. 
  
 **** Certain information on this page
has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. 
  

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 1.5 SUPPORT DOCUMENTS: SMC will provide the BOM to the Manufacturer. Manufacturer will be responsible for
providing proposed Standard Production Procedure, Product Testing Procedure, Quality Control Procedure. Upon approval by SMC, Manufacturer must follow these procedures. 
 1.6(a) Manufacturer agrees to make serious efforts to achieve cost reduction on a continuing basis. Manufacture must direct its cost reduction in the following areas: 
 (i) Material cost reduction; 
 (ii) Manufacturing process yield improvement; 
 (ii) Other cost reductions. 
 **** 
 1.7(a) ALTERATION IN
PROCEDURES AND SUBSTITUTION OF MATERIALS: Unless pre-approved by SMC in a written form, all procedures, including but not limited to Production Procedures, Testing Procedures, Quality Assurance Procedures or Quality Control Procedures, shall be
strictly followed as agreed. Manufacturer may not make alteration to procedures. Without SMC prior written approval, no material or part of material may be substituted. However, upon receiving SMC written request, Manufacturer will perform
alteration as specified in the written request. Only when such alternation will cause extreme variations, may Manufacturer request from SMC permission not to make such alternations. 
 **** 
  

	2.	FORECASTS, ORDERS, MATERIAL PROCUREMENT 

 2.1
FORECAST: SMC will provide Manufacturer with a rolling forecast of **** months. These forecasts are non-binding on SMC. 
 2.2 PURCHASE
ORDERS: SMC will issue purchase orders (“Purchase Orders”). Purchase Orders shall normally be deemed accepted by Manufacturer within **** 
  
 **** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with
respect to the omitted portions. 
  

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days of receipt. If Manufacturer wishes to reject any Purchase Order, Manufacturer must notify SMC within **** days of the receipt of that Purchase Order.

 The parties agree that the terms and conditions contained in this Agreement shall prevail over any terms and conditions of any purchase
order, acknowledgment form, invoice or any other instrument. 
 2.3 MATERIAL PROCUREMENT: Purchase Orders issued by SMC in conformance to
this Agreement will constitute authorization for Manufacturer to procure, using standard purchasing practices, the components including long lead-time items and unique components, subassemblies, materials and supplies necessary for the manufacture
of the Products covered by such Purchase Orders. All Products must be produced by Manufacturer in full compliance with pre-approved instructions, specifications, procedures, and Engineering Change Order. 
 Furthermore, Manufacturer must ensure that all procurement materials are in conformance with the Specifications. 
  

	3.	SHIPMENTS, CANCELLATION 

 3.1 SHIPMENTS:
Manufacturer must deliver all Products to the designated shipping point on time. Time is of essence! On time delivery by Manufacturer means delivering the Products to SMC on the date specified by SMC on SMC Purchase Order and accepted by
Manufacturer via Manufacturer Sales Acknowledgement, e-mail, fax or other written instruments. If Manufacturer changes the delivery date specified in SMC Purchase Order, SMC must first approve such changes before the changed delivery date becomes
the on time delivery date. 
 **** 
 **** 
  
 **** Certain information on this page has been omitted and filed
separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. 
  

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**** 
 All Product delivered pursuant to the
terms of this Agreement shall be properly and professionally packed, Manufacturer will bear the cost of damages resulting from improper packaging, or handling at the Manufacturer site. 
 3.2. (a) CANCELLATION LIABILITY: In the event, SMC cancels any purchase orders, forecasting or portions thereof, SMC and Manufacturer agree to the
following cancellation terms: 
  

			
	 # weeks from the forecast
	  	 SMC cancellation liability

	A. **** weeks	  	SMC is liable for **** of material cost
	B. **** weeks	  	 ****

 (b) However, **** 
  

	4.	ENGINEERING CHANGE ORDERS (“ECO”) 

 SMC may request, in writing, that Manufacturer incorporates engineering changes into the Product. While the ECO is a routine task such as the BIOS update, within **** of receipt of the ECO instruction, Manufacturer will execute ECO
immediately on receipt of the authorization from SMC as SMC’s formal approval to start each rework . Manufacturer will provide a “Proforma Invoice” stating the quantity and unit price of the ECO rework cost for SMC to issue the PO
accordingly. However, if such an ECO will incur additional cost, Manufacturer should, within ****, submit to SMC a written estimate that states the costs, time of implementation and the impact on the delivery schedule and pricing, in which case
Manufacturer will also provide the “Proforma Invoice” to SMC for issuing the PO, if there’s no component shortage for ECO rework Manufacturer will carry out 
  
 **** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential
treatment has been requested with respect to the omitted portions. 
  

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ECO immediately upon receipt of the authorization from SMC as formal approval to start the ECO rework. 
 If Manufacture makes any change without an ECO from SMC, SMC will reject the Product and Manufacturer will be liable for all costs and damages if the
damages are caused by Manufacturer. 
  

	5.	PRODUCT ACCEPTANCE AND WARRANTIES 

 5.1
PRODUCT ACCEPTANCE: Manufacturer must deliver all Product in conformance to Specifications and must comply with all workmanship standards and quality requirements agreed by both parties. All non-conforming products will be rejected. When a shipment
of Product is rejected, Manufacturer will be liable for the following expenses: 
 (a) Refuse Shipment Administrating Fee:
Manufacturer will be responsible for **** expenses incurred for the shipment if the refuse shipment is notified to Manufacturer within **** days after delivery of the Product from Manufacturer, and the Incoming Quality Control Inspection of the
refuse shipment with Acceptable Quality Level at **** 
 AQL= **** for function test 
 AQL= **** for visual inspection for major defect per Manufacturer’s inspection criteria 
 Workmanship standard: ****, acceptability of electronic assemblies. 
 SMC will charge Manufacturer **** of the return shipment’s invoice amount as the administrating fee for arranging the shipment return. 
 (b) **** 
 (c)
**** 
  
 **** Certain information on this page has been omitted and filed
separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. 
  

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 5.2 YIELD: All Product delivered by Manufacturer must achieve the **** overall Incoming Quality Control
(“IQC”) acceptance rate. Manufacturer must provide a root-cause analysis and an action plan to correct the problems for each problem case reported by SMC. 
 Manufacturer shall provide daily and monthly internal yield data for each Product. Yield data shall include details of specific component failures or process-related issues. Yield data shall also include failure
details and corrective actions of the **** for various manufacturing activities. 
 5.3 FAILURE: As SMC strategic partner, Manufacturer is
expected to institute appropriate quality controls at the factory to prevent any defective Product being shipped to SMC. SMC reserves the right to audit Manufacturer’s facilities, to conduct source inspections and/or to inspect Product at
designated distribution or field repair centers. SMC may return defective Products, freight collect, after obtaining a return material authorization number from Manufacturer. 
 Manufacturer must provide a failure analysis and a corrective action plan to SMC to prevent the reoccurrence of product failure. 
 5.4 RETURN MATERIAL AUTHORIZATION (“RMA”): Manufacturer must release a RMA number within **** of request by SMC. Manufacturer will repair
and return any defective Product (excluding defective Samples and Prototypes) that are during warranty period to SMC per the days stated below if there’s no refurbish, no labeling update or no re-work needed and if the completed schematics are
provided by SMC and is based on the returned quantity less than **** pieces at a time within one month period. 
 (a). ****
pieces: **** working days 
 (b). **** pieces: **** working days 
 (c). **** pieces: **** working days 
 If Manufacturer fails to do so, Manufacturer will be responsible for a late fee equal to **** of the invoice price of the Product. 
 In the event that there are defective Products that are un-repairable due to lack of completed schematics for repair reference after Manufacturer make reasonable effort to repair, Manufacturer will provide the said defective Products list
to SMC and ask for SMC’s assistance for repair. 
  
 **** Certain information
on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. 
  

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 In the event that there are defective Products returned from SMC with defects caused by SMC and/or
SMC’s customer’s abuse, damage and break, Manufacturer will return the defective Products to SMC without responsibility. 
 SMC
need to return the RMA boards with the original cartons shipped from Manufacturer, Manufacturer will re-use the cartons that SMC returned. 
 If the defective Products returned from SMC are out of warranty period, Manufacturer will return the defective Products to SMC without responsibility unless SMC request Manufacturer to repair the defective Products that are out of warranty.
In the case, the cost of the out of warranty service will be charged to SMC on a per incident basis. 
 5.5 WARRANTY: Manufacturer warrants
that Product will conform to SMC Specifications and will be free from defects in workmanship for a period of **** months from manufacturing date. If any product failure occurs during warranty period, Manufacturer will promptly repair or replace
the Product. Manufacturer will bear all costs of repairing defective Product under warranty. The freight cost is one-way prepaid. 
 This
warranty replaces all other warranties whether implied or otherwise and excludes any damage caused by the SMC or third parties. 
 5.6
CHARGES ON CONDITIONAL ACCEPTANCE: Under certain special circumstances, SMC may conditionally accept Products that does not conform to the Specifications. However, the conditional acceptance is subject entirely to SMC sole discretion. Manufacturer
shall work promptly and closely with SMC to take all corrective actions for the remedy on the non-conforming Product under conditional accepted shipment. If SMC does not receive satisfactory response or effective solutions from Manufacturer within
**** working days on Manufacturer’s receipt of the non-conforming Product for diagnosis and solutions, SMC will act on Manufacturer’s behalf to execute action plans to seek remedy at Manufacturer expenses. In this event, Manufacturer
will be charged for all the expenses incurred for the remedy of the conditional accepted shipment. These charges include, but are not limited to materials and labor charges. An additional **** will be added to the charges to compensate SMC for
administrating costs. 
 5.7 PRODUCT RECALL: Manufacturer will be responsible for all the expenses incurred in a Product Recall resulting
from any product that does not conform to the Specifications if the Specifications are provided by SMC to Manufacturer and if the decision of the Product Recall campaigns is communicated in writing and is accepted to Manufacturer. 
  
 **** Certain information on this page has been omitted and filed separately with the
Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. 
  

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 An additional **** of the invoice amount will be charged to the total expenses as SMC administrating cost. If the
non-conforming product is caused by SMC’s controlled or consigned parts, Manufacturer will provide SMC with reasonable assistance to resolve the issue but SMC is responsible for all the expenses incurred. 
  

	6.	INDEMNITY 

 **** shall indemnify and hold
**** and its agents, consignees, employees and representatives harmless from and against **** of every kind whatsoever by reason of, arising out of, or in any way connected with accidents, occurrences, injuries or losses to or of any person or
property including, without limitation thereto, loss of use of property, which may occur before or after delivery of the Products to ****, upon or about or in any way due to or resulting from, in whole or in part, ****. 
  

	7.	MISCELLANEOUS 

 7.1 CONFIDENTIALITY: All
written information and data exchanged between the parties for the purpose of enabling Manufacturer to manufacture and deliver Products under this Agreement that is marked “Confidential” or the like, shall be deemed to be Confidential
Information. Manufacturer agrees not to disclose Confidential Information directly or indirectly to any third party, or to use it for any purpose other than as required under this Agreement. Confidential Information disclosed pursuant to this
Agreement shall be maintained confidential by Manufacturer for a period of **** years after the disclosure thereof. 
 7.2 ENTIRE
AGREEMENT: The terms and conditions herein contained constitute the entire agreement between the parties and supersede all previous communications, whether oral or written, between the parties hereto with respect to the subject matters hereof and no
previous agreement or understanding varying or extending the same shall be binding upon either party hereto. 
  
 **** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. 
  

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 7.3 AMENDMENTS: This Agreement may be amended only by written consent of both parries. 
 7.4 INDEPENDENT CONTRACTOR: Neither party shall, for any purpose, be deemed to be an agent of the other party and the relationship between the parties
shall only be that of independent contractors. Neither party shall have any right or authority to assume or create any obligations or to make any representations or warranties on behalf of any other party, whether express or implied, or to bind the
other party in any respect whatsoever. 
 7.5 EXPENSES: In the event a dispute between the parties hereunder with respect to this Agreement
must be resolved by litigation or other proceeding, the prevailing party shall be entitled to receive reimbursement for all associated reasonable attorneys fees from the other party. 
 7.6 GOVERNING LAW: This Agreement shall be governed by and construed under the laws of the State of California, excluding its choice of law principles.
The parties consent to the non-exclusive jurisdiction of the state and Federal courts in Santa Clara County, California. 
 7.7 FORCE
MAJEURE: If the event that either party is prevented from performing or is unable to perform any of its obligations under this Agreement (other than a payment obligation) due to any Act of God, fire, casualty, flood, earthquake, war, strike,
lockout, epidemic, destruction of production facilities, riot, insurrection, material unavailability, or any other cause beyond the reasonable control of the party invoking this section, and if such party shall have used its commercially reasonable
efforts to mitigate its effects, such party shall give prompt written notice to the other party, its performance shall be excused, and the time for the performance shall be extended for the period of delay or inability to perform due to such
occurrences. Regardless of the reason of the Force Majeure, if such party is not able to perform within ninety (90) days after such event, the other party may terminate the Agreement. Termination of this Agreement shall not affect the
obligations of either party that exist as of the date of termination. 
 7.8 ARBITRATION: The parties shall settle any controversy arising
out of this Agreement by arbitration in Santa Clara, California in accordance with the rules of the American Arbitration Association. A single arbitrator shall be agreed upon by the parties or, if the parties cannot agree upon an arbitrator within
thirty (30) days, then the parties agree that a single arbitrator shall be appointed by the American Arbitration Association. The 

  

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award of the arbitrator shall be binding and may be entered as a judgment in any court of competent jurisdiction. 
 7.9 AMBIGUITIES: Each party has participated fully in the negotiation and review of this Agreement. Any rule of construction to the effect that
ambiguities are to be resolved against the drafting party shall not apply in interpreting this Agreement. 
 7.10 LIMITATION OF LIABILITIES:
Except with respect to Sections 6, 7 and 8.1, neither party shall be liable to the other party for incidental, consequential, special, punitive, or exemplary damages of any kind, including lost profits, loss of business, or other economic damage as
a result of breach of any term of this Agreement. 
 7.11 SEVERABILITY: If any provision or part hereof shall be held to be invalid or
unenforceable for any reason, then the meaning of such provision or part hereof shall be construed so as to render it enforceable to the extent feasible. If no feasible interpretation would save such provision or part hereof, it shall be severed,
but without in any way affecting the remainder of such provision or any other provision contained herein, all of which shall continue in full force and effect unless such severance effects such a material change as to render the Agreement
unreasonable. 
  

	8.	SAMPLES AND PROTOTYPES 

 Manufacturer must
deliver Samples and Prototypes on time. On time delivery means delivering the Sample or Prototype on the date agreed by both parties. **** 
  

	9.	ATTACHMENTS 

  

			
	Attachment A	  	Specifications
	Attachment B	  	Non-Disclosure Form

  
 **** Certain information on this page
has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. 
  

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 IN WITNESS WHEREOF, and intending to be legally bound, the Parties hereto have caused this Agreement to
be executed by their duly authorized representative as of the Effective Date. 
  

									
	 SMC:
  
 SUPER MICRO COMPUTER INC.
	 		 	 Manufacturer:
  
 TATUNG COMPANY

			
	/s/ Yung Lee	 		 	/s/ ****
	Name:	 	Yung Lee	 		 	Name:	 	 ****

	Title:	 	Director of Purchasing	 		 	Title:	 	 ****

	Date:	 	8-30-2004	 		 	Date:	 	 ****

  
 **** Certain information on this page
has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. 
  

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 Attachment A 
 Specifications 
 The Item Numbers of the Products are listed as below: 
  

	1.	P4 series: **** 

  

	2.	P6 series: **** 

  

	3.	X5 series: **** 

  

	4.	X6 series: 

  
 **** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. 
  

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 Attachment B 
 Non-Disclosure Form 
  

 13Promissory Note dated as of April 22, 2004

 Exhibit 10.13 
 PROMISSORY NOTE 
  

							
	Borrower:	  	Super Micro Computer, Inc.	  	Lender:	  	Wachovia Commercial Mortgage, Inc.
		  	980 Rock Ave	  		  	1620 East Roseville Parkway, Suite 100
		  	San Jose, CA 95131	  		  	Roseville, CA 95661

  

					
	Principal Amount: $4,275,000.00	 	Initial Interest Rate: 5.280%	 	
			
	Date of Note: April 22, 2004	 	Maturity Date of Note: May 01, 2029	 	

 PROMISE TO PAY. Super Micro Computer, Inc. (“Borrower”) promises to pay to Wachovia Commercial Mortgage,
Inc. (“Lender”), or order, in lawful money of the United States of America, the principal amount of Four Million Two Hundred Seventy-five Thousand & 00/100 Dollars ($4,275,000.00), together with interest on the unpaid principal
balance from the date of disbursement, until paid in full. (Lender acknowledges and agrees that the loan represented by this Note is fully amortized.) 
 PAYMENT. Subject to any payment changes resulting from changes in the interest rate as set forth herein, Borrower will pay this Note in accordance with the following payment schedule: 
 One payment of accrued interest only on the first day of the first month following disbursement, at the initial interest rate set forth herein, followed
by three hundred (300) consecutive monthly principal and interest payments. The initial interest rate on the unpaid principal balance will be based on the Index (as defined herein) in effect at the time of disbursement, minus 0.125% per
annum, plus the Fixed Rate Premium set forth below. The initial payment of principal and interest in the amount of $25,693.55 will commence on the first day of the second month following disbursement. 
 The initial interest rate will remain fixed for 36 months from the first day of the first month following disbursement (the “initial fixed rate
period”). The Fixed Rate Premium is the premium in effect as determined by Lender approximately three (3) business days prior to the date of disbursement. As of the date hereof, the current Fixed Rate Premium for this Note is
1.405% per annum. The initial interest rate on this Note is 5.280% per annum. 
 Unless otherwise agreed or required by applicable law, payments
will be applied first to accrued unpaid interest, then to any unpaid collection costs and late charges, and any remaining amount to principal. Interest on this Note is computed on a 365/365 simple interest basis; that is, by applying the ratio of
the annual interest rate over the number of days in a year, multiplied by the outstanding principal balance, multiplied by the actual number of days the principal balance is outstanding. Borrower will pay Lender at Lender’s address shown above
or at such other place as Lender may designate in writing. 
 INTEREST RATE OPTION. Within ninety (90) days prior to the expiration of the initial fixed rate
period, provided Borrower is not in default in the payment of any interest or principal owed to Lender, Borrower will have the option to notify Lender in writing that it has elected to select one of the fixed rate period options then generally
offered by Lender, based on the then current Prime Rate, minus 0.125% per annum, plus a “Fixed Rate Premium” or other applicable swap cost then utilized by Lender. 
 If Borrower fails to notify Lender of its election within ninety (90) days prior to the expiration of the initial fixed rate period, or any subsequent fixed rate period, the Note will automatically convert to a
variable interest rate for the remaining term of the Note based on the then current Index, minus 0.125% per annum, and thereafter adjusted quarterly to reflect changes in the Index (with the 0.125% reduction to continue). However, at any time
after such automatic conversion, provided that the Borrower is not in default in the payment of any interest or principal owed to Lender, the Borrower shall retain the option to notify Lender in writing that it has elected to select one of the fixed
rate period options then generally offered by Lender, based on the then current Prime Rate, minus 0.125% per annum, plus a “Fixed Rate Premium” or other applicable swap then utilized by Lender. Unless otherwise agreed to in writing by
Borrower and Lender, the fixed rate option period shall commence no later than thirty (30) days after Borrower gives written notice of its election. 
 VARIABLE INTEREST RATE. As provided in accordance with the terms and conditions herein, the interest rate on this Note is subject to change from time to time based on changes in an independent index which is the Prime Rate in effect on the
first business day of the month in which a change occurs as published in The Wall Street Journal on the next business day (the “Index”). The Index is not necessarily the lowest rate charged by Lender on its loans. If the Index becomes
unavailable during the term of this loan, Lender may designate a substantially comparable substitute index after at least thirty (30) days advance written notice to Borrower. Lender will tell Borrower the current Index rate upon Borrower’s
request. If at anytime a variable rate is applicable, the interest rate change will not occur more often than each first calendar day of each calendar quarter after the end of the fixed rate period, at which time the rate will be adjusted to reflect
the then current Index, and thereafter will begin its quarterly adjustment schedule unless Borrower thereafter elects to select one of the fixed rate options then generally offered by Lender as above provided. The Index currently is 4.000% per
annum. NOTICE: Under no circumstances will the interest rate on this Note be more than the maximum rate allowed by applicable law. Whenever increases occur in the interest rate, Lender, at its option, may do one or more of the following:
(A) increase Borrower’s payments to ensure Borrower’s loan will pay off by its original final maturity date, and (B) increase Borrower’s payments to cover accruing interest. 
 PREPAYMENT FEE. Upon prepayment of this Note, Lender is entitled to the following prepayment fee: The principal balance of this Note may be prepaid upon not less than 30
days’ or more than 90 days’ prior written notice to Lender specifying the 

					
		 	PROMISSORY NOTE	 	
	Loan No: 510409824	 	(Continued)	 	Page 2

 date on which prepayment is to be made. Upon prepayment of this Note within five years from the date of this Note,
whether made before or after default and/or acceleration, Borrower shall pay Lender the Prepayment Consideration described below. “Prepayment” is defined as any payment which by itself, or when combined with payments received within twelve
(12) months from the date of the Note or any successive twelve month period (“Note Year”), reduces the principal balance owing on the Note by more than 10% from the outstanding principal balance calculated as of the first day of the
Note Year. The Borrower’s option for limited Prepayment is not a cumulative right, and Borrower may not prepay more than 10% of the outstanding principal balance during any Note Year. The Borrower’s failure to make such Prepayment or
Prepayments prior to the end of the applicable Note Year waives their limited right of Prepayment for that Note Year. 
 The “Prepayment
Consideration” due to Lender in connection with the prepayment of this Note shall be calculated as follows: (a) during months one (1) through twenty-four (24) the Prepayment Consideration is 5% of the amount of the Prepayment,
(b) during months twenty-five (25) through forty-eight (48) the Prepayment Consideration is 4% of the amount of the Prepayment; and (c) during months forty-nine (49) through sixty (60) the Prepayment Consideration is 3%
of the amount of the Prepayment. There shall be no Prepayment Consideration due for any Prepayment made after the sixtieth (60) month. If Borrower fails to pay Lender the Prepayment Consideration upon demand, Lender in the exercise of its
discretion, may add the Prepayment Consideration owed to the principal balance of the Note. 
 If a Default Prepayment (defined below) occurs, Borrower shall
pay to Lender the entire debt, plus the Prepayment Consideration, if not prohibited by applicable law. Borrower acknowledges that Lender has made the Loan to Borrower in reliance upon Borrower’s intent not to prepay the Loan within five years
from the date of this Note, and Borrower agrees that the imposition of such additional sum is reasonable. For purposes of this Note, the term “Default Prepayment” shall mean a prepayment of the principal amount of this Note made after the
occurrence of any Event of Default (as defined below) or an acceleration of the maturity date under any circumstances, including, without limitation, an acceleration due to sale of real estate securing this Note, an acceleration due to receipt of
inverse condemnation awards, a prepayment occurring in connection with reinstatement of the Security Instruments provided by statute under foreclosure proceedings or exercise of a power of sale, any statutory right of redemption exercised by
Borrower or any other party having a statutory right to redeem or prevent foreclosure, any sale in foreclosure or under exercise of a power of sale or otherwise. 
 By initialing below, Borrower expressly acknowledges and understands that, pursuant to the terms of this Note, it has agreed that it has no right to prepay this Note, in whole or in part, without the Prepayment Consideration. Borrower
agrees that it shall be liable to Lender for payment of the Prepayment Consideration, as set forth above, including prepayment upon acceleration of this Note in accordance with its terms. Furthermore, by initialing below, Borrower expressly
acknowledges and understands that Lender and its successors and assigns has made or acquired this loan in reliance on the agreements and waiver of Borrower and that Lender, as successors and assigns, would not have made or acquired this loan without
such agreements and waiver of Borrower. [INITIALS ILLEGIBLE]. Any Prepayment, in whole or in part, will first be applied to accrued interest and all other sums due Lender before being applied to the outstanding principal balance. Except for the
foregoing, Borrower may pay all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender in writing, relieve Borrower of Borrower’s obligation to continue to make payments under the payment
schedule. Rather, early payments will reduce the principal balance due and may result in Borrower’s making fewer payments. Borrower agrees not to send Lender payments marked “paid in full”, “without recourse”, or similar
language. If Borrower sends such a payment, Lender may accept it without losing any of Lender’s rights under this Note, and Borrower will remain obligated to pay any further amount owed to Lender. All written communications concerning disputed
amounts, including any check or other payment instrument that indicates that the payment constitutes “payment in full” of the amount owed or that is tendered with other conditions or limitations or as full satisfaction of a disputed amount
must be mailed or delivered to: 
 Wachovia Commercial Mortgage, Inc.; 1620 East Roseville Parkway, Suite 100; Roseville, CA 95661.

 LATE CHARGE. If a payment is 11 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment or $100.00,
whichever is greater, but in no event will said late charge exceed the maximum rate allowed by applicable law. 
 INTEREST AFTER DEFAULT. Upon default,
including failure to pay upon final maturity, at Lender’s option, and if permitted by applicable law, Lender may add any unpaid accrued interest to principal and such sum will bear interest therefrom until paid at the rate provided in this Note
(including any increased rate). Upon default, the variable interest rate on this Note shall immediately increase to 16.000 percentage points over the Index, if permitted under applicable law. 
 DEFAULT. Each of the following shall constitute an event of default (“Event of Default”) under this Note: 
 Payment Default. Borrower fails to make any payment within five (5) days after the date when due under this Note. 
 Other Defaults. Borrower fails to comply with or to perform any other term, obligation, covenant or condition contained in this Note or in any of the
related documents or to comply with or to perform any term, obligation, covenant or condition contained in any other agreement between Lender and Borrower. 

					
		 	PROMISSORY NOTE	 	
	Loan No: 510409824	 	(Continued)	 	Page 3

 Environmental Default. Failure of any party to comply with or perform when due any term,
obligation, covenant or condition contained in any environmental agreement executed in connection with any loan. 
 False Statements. Any
warranty, representation or statement made or furnished to Lender by Borrower or on Borrower’s behalf under this Note or the related documents is false or misleading in any material respect, either now or at the time made or furnished or
becomes false or misleading at any time thereafter. 
 Insolvency. The dissolution or termination of Borrower’s existence as a going
business, the insolvency of Borrower, the appointment of a receiver for any part of Borrower’s property, any assignment for the benefit of creditors, any type of creditor workout, or the commencement of any proceeding under any bankruptcy or
insolvency laws by or against Borrower. 
 Creditor or Forfeiture Proceedings. Commencement of foreclosure or forfeiture proceedings, whether
by judicial proceeding, self-help, repossession or any other method, by any creditor of Borrower or by any governmental agency against any collateral securing the loan. This includes a garnishment of any of Borrower’s accounts, including
deposit accounts, with Lender. However, this Event of Default shall not apply if there is a good faith dispute by Borrower as to the validity or reasonableness of the claim which is the basis of the creditor or forfeiture proceeding and if Borrower
gives Lender written notice of the creditor or forfeiture proceeding and deposits with Lender monies or a surety bond for the creditor or forfeiture proceeding, in an amount determined by Lender, in its sole discretion, as being an adequate reserve
or bond for the dispute. 
 Events Affecting Guarantor. Any of the preceding events occurs with respect to any guarantor, endorser, surety, or
accommodation party of any of the indebtedness or any guarantor, endorser, surety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any guaranty of the indebtedness evidenced by this
Note. In the event of a death, Lender, at its option, may, but shall not be required to, permit the guarantor’s estate to assume unconditionally the obligations arising under the guaranty in a manner satisfactory to Lender, and, in doing so,
cure any Event of Default. 
 Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of
Borrower. This provision does not apply to transfers of stock among family members made for purposes of estate planning, nor to transfers made in furtherance of creating a publicly held corporation, including specifically stock transfers to
underwriting investment bankers. 
 Adverse Change. A material adverse change occurs in Borrower’s financial condition, or Lender
believes the prospect of payment or performance of this Note is impaired. 
 Cure Provisions. If any default, other than a default in payment
is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written
notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender’s sole
discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical. 
 LENDER’S RIGHTS. Upon default, Lender may declare the entire unpaid principal balance on this Note and all accrued unpaid interest immediately due, and then
Borrower will pay that amount. 
 ATTORNEYS’ FEES; EXPENSES. Lender may hire or pay someone else to help collect this Note if Borrower does not pay.
Borrower will pay Lender that amount. This includes, subject to any limits under applicable law, Lender’s attorneys’ fees and Lender’s legal expenses, whether or not there is a lawsuit, including attorneys’ fees, expenses for
bankruptcy proceedings (including efforts to modify or vacate any automatic stay or injunction), and appeals. Borrower also will pay any court costs, in addition to all other sums provided by law. 
 GOVERNING LAW. This Note will be governed by, construed and enforced in accordance with federal law and the laws of the State of California. This Note has been accepted
by Lender in the State of California. 
 CHOICE OF VENUE. If there is a lawsuit, Borrower agrees upon Lender’s request to submit to the jurisdiction of
the courts of Santa Clara County, State of California. 
 COLLATERAL. Borrower acknowledges this Note is secured by the following collateral described in the
security instrument listed herein: a Deed of Trust to a trustee in favor of Lender on real property located in Santa Clara County, State of California. That agreement contains the following due on sale provision: Lender may, at Lender’s option,
declare immediately due and payable all sums secured by the Deed of Trust upon the sale or transfer, without Lender’s prior written consent, of all or any part of the Real Property, or any interest in the Real Property. A “sale or
transfer” means the conveyance of Real Property or any right, title or interest in the Real Property; whether legal, beneficial or equitable; whether voluntary or involuntary; whether by outright sale, deed, installment sale contract, land
contract, contract for deed, leasehold interest with a term greater than three (3) years, lease-option contract, or by sale, assignment, or transfer of any beneficial interest in or to any land trust holding title to the Real Property, or by
any other method of conveyance of an interest in the Real Property. If any Borrower is a corporation, partnership or limited liability company, transfer also includes any change in ownership of more than twenty-five percent (25%) of the voting
stock, partnership interests or limited liability company interests, as the case may be, of such Borrower. However, this option shall not be exercised by Lender if such exercise is prohibited by applicable law. 

					
	Loan No: 510409824	 	 PROMISSORY NOTE
 (Continued)
	 	Page 4

 Successor Interests. The terms of this Note shall be binding upon Borrower, and upon Borrower’s heirs,
personal representatives, successors and assigns, and shall inure to the benefit of Lender and its successors and assigns. 
 General Provisions. Lender may
delay or forgo enforcing any of its rights or remedies under this Note without losing them. Borrower and any other person who signs, guarantees or endorses this Note, to the extent allowed by law, waive any applicable statute of limitations,
presentment, demand for payment, and notice of dishonor. Upon any change in the terms of this Note, and unless otherwise expressly stated in writing, no party who signs this Note, whether as maker, guarantor, accommodation maker or endorser, shall
be released from liability. All such parties agree that Lender may renew or extend (repeatedly and for any length of time) this loan or release any party or guarantor or collateral; or impair, fail to realize upon or perfect Lender’s security
interest in the collateral; and take any other action deemed necessary by Lender without the consent of or notice to anyone. All such parties also agree that Lender may modify this loan without the consent of or notice to anyone other than the party
with whom the modification is made. The obligations under this Note are joint and several. 
 PRIOR TO SIGNING THIS NOTE, BORROWER READ AND UNDERSTOOD ALL
THE PROVISIONS OF THIS NOTE, INCLUDING THE VARIABLE INTEREST RATE PROVISIONS. BORROWER AGREES TO THE TERMS OF THE NOTE. 
 BORROWER ACKNOWLEDGES RECEIPT OF A
COMPLETED COPY OF THIS PROMISSORY NOTE. 
  

							
	BORROWER:	 		 	
			
	 SUPER MICRO COMPUTER, INC.
	 		 	
				
	By:	 	 /s/ Charles J. Liang
	 	By:	 	 /s/ Wally Liaw

		 	Charles J. Liang, President of Super Micro Computer, Inc.	 		 	Wally Liaw, Secretary of Super Micro Computer, Inc.

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