SEC Contract Filing

Filing Date: 2019-02-28

Document Content:
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<TYPE>EX-10.32
<SEQUENCE>2
<FILENAME>pi-ex1032_568.htm
<DESCRIPTION>EX-10.32
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<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:7.52%;">Exhibit 10.32</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">IMPINJ, INC.</p>
<p style="text-align:center;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">EXECUTIVE EMPLOYMENT AGREEMENT</p>
<p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.52%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">This Executive Employment Agreement (the &#8220;<font style="font-weight:bold;">Agreement</font>&#8221;) is entered into as of April 28, 2017 (the &#8220;<font style="font-weight:bold;">Effective Date</font>&#8221;) by and between Jeff Dossett (&#8220;<font style="font-weight:bold;">Executive</font>&#8221;) and Impinj, Inc., a Delaware corporation (the &#8220;<font style="font-weight:bold;">Company</font>&#8221;), and sets forth the terms and conditions with respect to Executive&#8217;s employment with the Company during the Employment Term (as defined below).</p>
<p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.52%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">NOW THEREFORE, in consideration of the mutual covenants contained herein, the Company and Executive agree as follows:</p>
<p style="text-align:center;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">AGREEMENT</font></p>
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<p style="margin-top:10pt;margin-bottom:0pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">1.</font></p></td>
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<p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
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<p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">a.</font></p></td>
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<p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;"><font style="font-weight:bold;text-decoration:underline;">Position and Duties</font><font style="font-weight:bold;">. </font>Executive will serve as Senior Vice President of Marketing and Business Development and will report to the Company&#8217;s President and Chief Operating Officer. The duties and responsibilities of Executive shall include the duties and responsibilities for Executive&#8217;s corporate office and position as set forth in Company&#8217;s bylaws from time to time in effect and such other duties and responsibilities as Company&#8217;s President and Chief Operating Officer may from time to time reasonably assign to Executive, in all cases to be consistent with Executive&#8217;s corporate office and position. The period of Executive&#8217;s employment under this Agreement is referred to herein as the &#8220;<font style="font-weight:bold;">Employment Term</font>.&#8221;</p></td></tr></table></div>
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<p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
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<p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">b.</font></p></td>
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<p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;"><font style="font-weight:bold;text-decoration:underline;">Obligations</font><font style="font-weight:bold;">. </font>During the Employment Term, Executive