<SEC-DOCUMENT>0001144204-17-064556.txt : 20171220
<SEC-HEADER>0001144204-17-064556.hdr.sgml : 20171220
<ACCEPTANCE-DATETIME>20171220165401
ACCESSION NUMBER:		0001144204-17-064556
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20171218
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20171220
DATE AS OF CHANGE:		20171220

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BENCHMARK ELECTRONICS INC
		CENTRAL INDEX KEY:			0000863436
		STANDARD INDUSTRIAL CLASSIFICATION:	PRINTED CIRCUIT BOARDS [3672]
		IRS NUMBER:				742211011
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10560
		FILM NUMBER:		171267281

	BUSINESS ADDRESS:	
		STREET 1:		4141 N. SCOTTSDALE ROAD
		STREET 2:		SUITE 301
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85251
		BUSINESS PHONE:		623-300-7000

	MAIL ADDRESS:	
		STREET 1:		4141 N. SCOTTSDALE ROAD
		STREET 2:		SUITE 301
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85251
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>tv481558_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>PURSUANT TO SECTION 13 OR 15(d) OF THE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of Report (Date of earliest event reported):
December 18, 2017</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>BENCHMARK
ELECTRONICS, INC.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact Name of Registrant as Specified in Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 33%; font-size: 10pt; text-align: center"><B>Texas</B><BR>
(State or Other Jurisdiction<BR>
of Incorporation)</TD>
    <TD STYLE="width: 34%; font-size: 10pt; text-align: center"><B>1-10560</B><BR>
(Commission<BR>
File Number)</TD>
    <TD STYLE="width: 33%; font-size: 10pt; text-align: center"><B>74-2211011</B><BR>
(IRS Employer<BR>
Identification No.)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; text-align: center"><B>4141 N. Scottsdale Road</B></TD>
    <TD STYLE="width: 50%; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><B>Scottsdale, Arizona</B></TD>
    <TD STYLE="text-align: center"><B>85251</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">(Address of Principal Executive Offices)</TD>
    <TD STYLE="text-align: center">(Zip Code)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Registrant&rsquo;s telephone number, including
area code: <B>(623) 300-7000</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Not Applicable</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Former Name or Former Address, if Changed Since
Last Report)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction
A.2. below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&uml;</FONT></TD><TD STYLE="text-align: justify">Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&uml;</FONT></TD><TD STYLE="text-align: justify">Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&uml;</FONT></TD><TD STYLE="text-align: justify">Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17&nbsp;CFR&nbsp;240.14d-2(b))</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&uml;</FONT></TD><TD STYLE="text-align: justify">Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17&nbsp;CFR&nbsp;240.13e-4(c))</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&sect;230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (&sect;240.12b-2 of this chapter).&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">Emerging growth company <FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. <FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><FONT STYLE="text-transform: uppercase"><B>Item 1.01</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>entry into a material definitive agreement</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On December 18, 2017,
Benchmark Electronics, Inc. (the &ldquo;<I>Company</I>&rdquo;) issued a press release announcing the hiring of Roop K.
Lakkaraju as Executive President and Chief Financial Officer. He is expected to begin his service on January 8, 2018. In
connection with his employment, the Company and Mr. Lakkaraju entered into a Key Management Severance Agreement (the
&ldquo;<I>agreement</I>&rdquo;), the form of which was filed as Exhibit 10.1 to the Company&rsquo;s report on Form 8-K filed
on December 11, 2017, and the following description of the agreement is qualified by the terms and conditions of such
exhibit, which is hereby incorporated by reference. Mr. Lakkaraju&rsquo;s compensation arrangements are described below under
Item 5.02.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The agreement contemplates
an annual base salary, subject to adjustment from time to time, as determined by the Chief Executive Officer and the Compensation
Committee of the Company&rsquo;s Board of Directors, and an annual bonus consistent with the employee&rsquo;s current plan, or
such other plan as may be approved from time to time by the Chief Executive Officer and/or the Compensation Committee for similarly
situated key management employees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The agreement provides
for the employee&rsquo;s participation in all long-term incentive compensation programs and other benefits consistent with those
available to other senior officers and provides for a one-year term subject to automatic one-year extensions, unless terminated
by the Company or the employee. Any incentive compensation is subject to potential forfeiture or recovery by the Company in accordance
with the compensation recovery policy adopted by the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The agreement contains
restrictive covenants prohibiting the employee from competing with the Company or soliciting its customers or service providers
during the term of the agreement and for one year thereafter (or two years, if termination is related to a &ldquo;change in control&rdquo;
(as defined in the agreement)). During the same periods, the employee may not make disparaging remarks about the Company, its subsidiaries
or products and services or divert customers of the Company to its competitors. Additionally, the agreement contains confidentiality
covenants that continue until three years after the date of the employee&rsquo;s termination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The agreement does not
permit payment of excise taxes levied under Sections 280G and 4999 of the U.S. Internal Revenue Code; rather, if payments and benefits
provided to the employee along with other payments and benefits provided by the Company would collectively constitute &ldquo;parachute
payments&rdquo; for purposes of those sections, such payments and benefits would be reduced to an amount sufficient to avoid application
of the excise tax.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The agreement provides
for the payment of anything owing or accrued upon termination and continuation of medical and other benefits for specified times
in qualifying circumstances. In addition, the agreement provides that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">If employment is terminated by the Company without cause, or by the employee for &ldquo;good reason,&rdquo;
(as defined in the agreement) severance will be paid equal to the employee&rsquo;s annual base salary and target-level bonus for
the full year (or twice such amounts if termination is in connection with a change in control). If the employee secures other employment
following termination, the foregoing payments will be reduced to 50% of the balance still owing, except in the case of terminations
in connection with a change in control. The employee must execute a general release and comply with the non-competition and other
requirements of the agreement to receive the severance.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">If employment terminates due to death or disability, equity awards that are not performance-based
immediately vest in full, and the employee (or the employee&rsquo;s estate) receives a prorated bonus for the current year.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">If the employee retires, equity awards that are not performance-based will continue vesting until
fully vested.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">If the employee is terminated for cause or terminates employment without good reason no additional
payments are made beyond those owing or accrued.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On December 18, 2017, the
Company entered into a Transition Agreement and Release of All Claims (the &ldquo;<I>Transition Agreement</I>&rdquo;) with Don
Adam, the Company&rsquo;s current Chief Financial Officer. The Transition Agreement provides that Mr. Adam will continue to serve
as Chief Financial Officer until December 31, 2017 and thereafter in a transitional role through March 9, 2018. Subject to Mr.
Adam&rsquo;s execution of a customary release of all claims, he will receive a reduced annualized salary of $104,000 during the
transition period beginning January 1, 2018 and ending March 9, 2018, and his restricted stock unit awards and nonqualified stock
option awards that vest solely based on the passage of time will continue to vest through March 9, 2018. The Transition Agreement
further provides that the bonus, if any, due to Mr. Adam for the 2017 calendar year will be calculated and paid in accordance with
the existing terms of the Company&rsquo;s executive annual incentive compensation plan. The Company previously announced Mr. Adam&rsquo;s
plans to retire from the position of Chief Financial Officer in a report on Form 8-K filed on October 19, 2017. The form of the
Transition Agreement is filed as Exhibit 10.2 to this report on Form 8-K, and the foregoing description of the Transition Agreement
is qualified by the terms and conditions of such exhibit, which is hereby incorporated by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in; text-align: left"><FONT STYLE="text-transform: uppercase"><B>Item 5.02</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>DEPARTURE
OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN
OFFICERS</B></FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On December 18, 2017, the
Company announced the appointment of Roop K. Lakkaraju, age 47, as Executive Vice President and Chief Financial Officer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">His appointment
will be effective January 8, 2018. Most recently Mr. Lakkaraju served as Executive Vice President and Chief Financial Officer
of Maana. a software company that has pioneered an Artificial Intelligence-driven knowledge platform, &nbsp;Prior to that
assignment Mr. Lakkaraju held senior financial roles at Support.com, Quantros, 2Wire, Solectron Corporation, and
Safeguard Scientifics.&nbsp; He began his career in 1993 as an auditor with Grant Thornton before joining Pricewaterhouse
Coopers in their Audit and Business Advisory Services &nbsp; Mr. Lakkaraju holds a BS in Business Administration from San
Jose State University.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Mr. Lakkaraju&rsquo;s compensation will include
the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 15pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>a base salary of $420,000 per year;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 15pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">participation in the Company&rsquo;s executive annual incentive compensation plan with a target
incentive award of 75% of his then-current base salary, on the same terms and conditions as the other executives of the Company
participating in such plan, which will be prorated for 2018;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 15pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">participation in the Company&rsquo;s Deferred Compensation Plan, executive health screening, health
club reimbursement, tax planning reimbursement and other health and benefit programs the Company offers to its executives on the
same terms and conditions as the other executives participating in such Plan and programs;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 15pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">in partial consideration for benefits forfeited at Maana, a one-time sign-on cash payment of $150,000
and a one-time sign-on award of restricted stock units (&ldquo;<I>RSUs</I>&rdquo;) under our 2010 Omnibus Incentive Compensation
Plan (&ldquo;<I>Omnibus Plan</I>&rdquo;) with a fair market value of $100,000 based on the closing price of the Company&rsquo;s
common stock on Mr. Lakkaraju&rsquo;s start date, which RSUs shall be scheduled to vest in equal annual installments of 25% on
the first four anniversaries of such start date and which would be forfeited pro rata if he left the Company within 3 years following
his start date;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 15pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">an award of RSUs under the Omnibus Plan with a fair market value of $367,500 based on the closing
price of the Company&rsquo;s common stock on his start date which will be scheduled to vest in equal annual installments of 25%;
and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 15pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">an award of performance-based restricted stock units (&ldquo;<I>PSUs</I>&rdquo;) under the Omnibus
Plan with a fair market value of $367,500 based on the closing price of the Company&rsquo;s common stock on the date of grant in
2018, which will be scheduled to vest on the same date and subject to the same performance criteria as the PSUs that will be awarded
to the Company&rsquo;s other executives in 2018.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company and Mr. Lakkaraju
have also entered into a Key Management Severance Agreement, the terms of which are described above under Item 1.01.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><B>ITEM 8.01</B></TD><TD><B>OTHER EVENTS</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On December 18, 2017, the
Company issued a press release relating to the appointment of Mr. Lakkaraju as Executive Vice President and Chief Financial Officer.&nbsp;
The press release is incorporated herein by reference to Exhibit 99.1 filed herewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><FONT STYLE="text-transform: uppercase"><B>Item 9.01</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Financial Statements and Exhibits</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Exhibits.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 10%; border-bottom: Black 1pt solid"><B>Exhibit No.</B></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 88%; border-bottom: Black 1pt solid; text-align: center"><B>Description of Exhibit</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><A HREF="http://www.sec.gov/Archives/edgar/data/863436/000086343617000044/ex10_1.htm" STYLE="-sec-extract: exhibit">10.1</A></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><A HREF="http://www.sec.gov/Archives/edgar/data/863436/000086343617000044/ex10_1.htm" STYLE="-sec-extract: exhibit">Form of Key Management Severance Agreement (incorporated by reference to Exhibit 10.1 to the Company&rsquo;s 8-K filed on December 11, 2017)</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><A HREF="tv481558_ex10-2.htm" STYLE="-sec-extract: exhibit">10.2</A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="tv481558_ex10-2.htm" STYLE="-sec-extract: exhibit">Transition Agreement and Release of All Claims by and between Don Adam and the Company</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><A HREF="tv481558_ex99-1.htm" STYLE="-sec-extract: exhibit">99.1</A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="tv481558_ex99-1.htm" STYLE="-sec-extract: exhibit">Press Release</A></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.5in">Date:&nbsp;&nbsp;December 20, 2017</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>BENCHMARK ELECTRONICS, INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 48%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 47%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Paul Tufano</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD>Paul Tufano</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>President and Chief Executive Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>EXHIBIT INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 10%; border-bottom: Black 1pt solid"><B>Exhibit No.</B></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 88%; border-bottom: Black 1pt solid; text-align: center"><B>Description of Exhibit</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><A HREF="http://www.sec.gov/Archives/edgar/data/863436/000086343617000044/ex10_1.htm" STYLE="-sec-extract: exhibit">10.1</A></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><A HREF="http://www.sec.gov/Archives/edgar/data/863436/000086343617000044/ex10_1.htm" STYLE="-sec-extract: exhibit">Form of Key Management Severance Agreement</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><A HREF="tv481558_ex10-2.htm" STYLE="-sec-extract: exhibit">10.2</A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="tv481558_ex10-2.htm" STYLE="-sec-extract: exhibit">Transition Agreement and Release of All Claims by and between Don Adam and the Company</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><A HREF="tv481558_ex99-1.htm" STYLE="-sec-extract: exhibit">99.1</A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="tv481558_ex99-1.htm" STYLE="-sec-extract: exhibit">Press Release</A></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>2
<FILENAME>tv481558_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 10.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Transition Agreement and Release of All Claims</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">THIS TRANSITION AGREEMENT
AND RELEASE OF ALL CLAIMS (this &ldquo;<U>Agreement</U>&rdquo;) is made by and between Donald F. Adam (&ldquo;<U>Executive</U>&rdquo;)
and Benchmark Electronics, Inc., a Texas corporation (&ldquo;<U>Company</U>&rdquo;). The Company and Executive are collectively
referred to herein as the &ldquo;Parties.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">WHEREAS, Executive is employed
by the Company as its Vice President, Chief Financial Officer pursuant to an Employment Agreement dated March 10, 2009 (the &ldquo;<U>Employment
Agreement</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">WHEREAS, Executive has
agreed to relinquish his title of Vice President, Chief Financial Officer effective December 31, 2017 but continue his employment,
in a transitional role, through March 9, 2018;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">WHEREAS, the termination
of Executive&rsquo;s employment on March 9, 2018 shall constitute a voluntary termination by Executive &ldquo;without Good Reason&rdquo;
pursuant to Section 6(e) of the Employment Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">WHEREAS, Executive will
not be entitled to receive severance benefits pursuant to the Employment Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">WHEREAS, in partial exchange
for Executive&rsquo;s continued employment through March 9, 2018, Executive and the Company are entering into this Agreement to
resolve amicably, fully and finally, all matters between them, including, but not limited to, those matters relating to Executive&rsquo;s
employment and the termination of Executive&rsquo;s employment relationship with the Company; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">WHEREAS, unless specifically
defined in this Agreement, capitalized terms used in this Agreement shall have the meanings ascribed to them in the Employment
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36.7pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36.7pt">NOW, THEREFORE, in consideration
of the payments and benefits set forth in this Agreement and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, Executive agrees as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Transition
Period and Termination of Employment</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company and Executive agree that it is in both the Company&rsquo;s and Executive&rsquo;s best interests for Executive to resign
his position as Vice President, Chief Financial Officer and all other position, titles, authorities or responsibilities with the
Company and any of its subsidiaries or affiliates he holds by virtue of his role as Vice President, Chief Financial Officer, without
any further action on Executive&rsquo;s part, effective as of December 31, 2017 (&ldquo;<U>Transition Date</U>&rdquo;). After the
Transition Date and through March 9, 2018 (&ldquo;<U>Termination Date</U>&rdquo;) (with the period beginning on the Transition
Date and ending on the Termination Date referred to herein as the &ldquo;<U>Transition Period</U>&rdquo;), Executive shall remain
an &ldquo;at will&rdquo; employee of the Company and shall fully and diligently perform the duties assigned to him by the Chief
Executive Officer and/or the Vice President of Worldwide Human Resources. Such duties will differ from the duties currently assigned
to Executive, and shall include cooperation and assistance in the transition of Executive&rsquo;s responsibilities to others and
cooperating with the Company&rsquo;s efforts in connection with the orientation of Executive&rsquo;s successor. During the Transition
Period, Executive will not be required to be in the office on a daily basis, but he will make himself available at the Company&rsquo;s
request. While Executive may engage in other business activities during the Transition Period with the advance written consent
of the Chief Executive Officer, such other activities may not violate the provisions of <U>Section 11</U>, below, or unduly interfere
with the duties assigned to Executive during the Transition Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
the Termination Date, Executive&rsquo;s will voluntarily resign his &ldquo;at will&rdquo; employment with the Company and its subsidiaries
and affiliates &ldquo;without Good Reason&rdquo; pursuant to Section 6(e) of the Employment Agreement. Except for the compensation
and benefits described below, Executive shall cease to actively participate in any plans, programs, policies or arrangements of
the Company or any of its subsidiaries or affiliates as of the Termination Date and none of the payments or benefits paid to Executive
after the Termination Date shall be contributed to any employee benefit plan, nor will any contribution (matching or otherwise)
be made by the Company or any of its subsidiaries or affiliates to any employee benefit plan of the Company. Although it is anticipated
that Executive&rsquo;s &ldquo;at will&rdquo; employment will continue until the Termination Date, Executive acknowledges and agrees
that the Company reserves the right to terminate his employment &ldquo;for Cause&rdquo; prior to the Termination Date, in which
case, he would not be entitled to receive the Transition Period consideration described in <U>Section 3</U>, below (and in which
case, the term &ldquo;Termination Date&rdquo; shall mean the effective date of Executive&rsquo;s termination &ldquo;for Cause&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive
agrees to execute on or following the date hereof any and all supplemental documentation provided to him by the Company in furtherance
of the transition of his role from Vice President, Chief Financial Officer and Secretary as described in this <U>Section 1</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Accrued
Obligations</U>. Regardless of whether Executive signs this Agreement, following the Termination Date, the Company shall pay Executive
an amount in cash equal to: (a) his earned, due and unpaid wages and salary and earned but unused vacation time through the Termination
Date, payable within 10 days following the Termination Date; and (b)&nbsp;all unreimbursed documented business expenses incurred
prior to the Termination Date, payable in accordance with the Company&rsquo;s expense reimbursement policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Consideration
during Transition Period</U>. Provided that Executive signs (and does not revoke) this Agreement and the Supplemental Release described
in <U>Section 7</U>, below, and complies with all of the other provisions of this Agreement, in consideration for Executive&rsquo;s
satisfactory performance of the duties assigned to him during the Transition Period, Executive shall be entitled to receive the
following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A
reduced annualized base salary of $104,000 and, subject to the provisions, rules, and regulations of the Company&rsquo;s benefit
plan documents, the employee benefits (but not incentive compensation) he was entitled to receive immediately prior to the Transition
Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
restricted stock unit awards and nonqualified stock option awards awarded to Executive pursuant to the Company&rsquo;s 2010 Omnibus
Incentive Compensation Plan that vest solely based on the passage of time shall continue to vest through the Termination Date.
For the avoidance of doubt, Executive shall not be entitled to receive any long-term incentive compensation awards pursuant to
the Company&rsquo;s 2010 Omnibus Incentive Compensation Plan or any successor plan in 2018 or at any time in the future and any
long-term incentive compensation awards that are unvested and outstanding as of the Termination Date shall be forfeited and cancelled
for no consideration as of the Termination Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
the 2017 calendar year, the bonus amount Executive would be entitled to receive under the Executive Bonus Plan had he not entered
into this Agreement, with the amount due, if any, calculated in accordance with the provisions of the applicable Executive Bonus
Plan document and paid at the same time and in the same manner other executive officers of the Company receive their 2017 bonus.
For the avoidance of doubt, Executive shall not be entitled to participate in the Executive Bonus Plan or any successor plan in
2018 or at any time in the future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Release
and Waiver</U>. Executive, on behalf of himself and his agents, heirs, executors, administrators, successors and assigns, hereby
RELEASES AND FOREVER DISCHARGES the Company, its subsidiaries and its affiliates, as well as its or their respective past or present
officers, directors, agents, employees, partners, shareholders, attorneys, insurers, predecessors, successors, and assigns (collectively
the &ldquo;<U>Released Parties</U>&rdquo;) from any and all claims, damages, complaints, grievances, causes of action, suits, liabilities,
demands and expenses (including attorneys&rsquo; fees) of any nature whatsoever, both at law and in equity (except those expressly
reserved herein), whether known or unknown, now existing or which may result from the existing state of things, which Executive
now has or ever had against the Released Parties from the beginning of time to the date of execution of this Agreement. In particular,
without limitation of the foregoing, the Released Parties are specifically released from and held harmless from any and all claims
arising out of or related to Executive&rsquo;s employment relationship with Company, including, without limitation, Executive&rsquo;s
termination of employment, the Employment Agreement, or Executive&rsquo;s status as a shareholder of the Company. It is Executive&rsquo;s
intention that this Agreement constitute a full and final general release of all such claims and that this release be as broad
as possible. Without limiting the foregoing in any way and to the fullest extent allowed by law, this release includes, but is
not limited to, any rights or claims Executive may have under: the Age Discrimination in Employment Act of 1967 (29 U.S.C. &sect;&nbsp;621,
<I>et seq.</I>) (&ldquo;<U>ADEA</U>&rdquo;); Title VII of the Civil Rights Acts of 1964; 42&nbsp;U.S.C.&nbsp;&sect;&nbsp;1981;
the Family and Medical Leave Act; the Fair Labor Standards Act; the Equal Pay Act; the Rehabilitation Act of 1973 and the Americans
with Disabilities Act; the Employee Retirement Income Security Act; the Worker Adjustment and Retraining Notification Act; the
Older Workers Benefit Protection Act (&ldquo;<U>OWBPA</U>&rdquo;); the National Labor Relations Act; the Unfair Business Practices
Act; the Consolidated Omnibus Budget Reform Act; Uniformed Services Employment and Reemployment Rights Act; Fair Credit Reporting
Act; False Claims Act; Family Medical Leave Act; Fair Labor Standards Act; the False Claims Act; the Genetic Information Non-Discrimination
Act; the Lilly Ledbetter Fair Pay Act; the Texas Commission on Human Rights Act; the Texas Labor Code; and any other federal, state
or local laws or regulations concerning employment or prohibiting employment discrimination, harassment or retaliation, or any
claims arising from any applicable local, state, or federal law, common law claims, and wage or benefit claims, including, without,
limitation, claims for salary, bonuses, commissions, equity awards, vesting acceleration, vacation pay, fringe benefits, severance
pay or any other form of compensation. This release also includes any claims against the Company and/or the Released Parties based
on promissory estoppel, restitution, misrepresentation, invasion of privacy, claims for defamation, libel, invasion of privacy,
intentional or negligent infliction of emotional distress, wrongful termination, constructive discharge, breach of contract, breach
of the covenant of good faith and fair dealing, breach of fiduciary duty, and fraud. Executive agrees that he shall never file
a lawsuit or other complaint challenging the validity or enforceability of this release. By signing this Agreement, Executive does
not relinquish: (a)&nbsp;any right to any vested benefits under any benefit plans or arrangements maintained by the Company or
its subsidiaries or affiliates; (b) any right to indemnification under any applicable directors and officers liability insurance
policy, indemnity agreement, applicable state and federal law and Company&rsquo;s articles of incorporation and bylaws; or (c)&nbsp;Executive&rsquo;s
right to receive the compensation and benefits described in this Agreement. Executive acknowledges that this Agreement does not
apply to claims and rights that arise after the date of his execution of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Lawsuits, Complaints or Claims</U>. To the fullest extent allowed by law, Executive waives his right to file any charge or complaint
against the Company and/or any of the Released Parties arising out of his employment, termination from employment, the Employment
Agreement or any facts occurring prior to his execution of this Agreement before any federal, state or local court or any federal,
state or local administrative agency, except where such waivers are prohibited by law. By signing this Agreement, Executive represents
that he has not filed any such claims, causes of action or complaints. Notwithstanding the foregoing, Executive does not waive
or release any claim that cannot be validly waived or released by private agreement. Specifically, nothing in this Agreement shall
prevent Executive from filing a charge or complaint with, or from participating in, an investigation or proceeding conducted by
the SEC, EEOC or any other federal, state or local agency charged with the enforcement of any employment laws. However, Executive
understands that by signing this Agreement, Executive waives the right to recover any damages or to receive other relief in any
claim or suit brought by or through the EEOC or any other state or local deferral agency on his behalf to the fullest extent permitted
by law, but expressly excluding any award or other relief available from the SEC. This Agreement is not intended to, and shall
not be interpreted in any manner that limits or restricts Executive from, exercising any legally protected whistleblower rights
(including pursuant to Rule 21F under the U.S. Securities and Exchange Act of 1934) or receiving an award for information provided
to any government agency under any legally protected whistleblower rights. Executive acknowledges and agrees that he has been paid
all wages owed to him, including, but not limited to, all salary, bonuses, commissions, and pay for earned but unused vacation,
and that he has not been denied any legally-protected leave. Other than as set forth in this Agreement, Executive acknowledges
and agrees that he is not entitled to any severance or other payment under the Employment Agreement or any other plan, program,
or agreement previously entered into with the Company. Executive further acknowledges that he has no pending workers&rsquo; compensation
claims and that this Agreement is not related in any way to any claim for workers&rsquo; compensation benefits, and that he has
no basis for such a claim.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Consultation;
Review; Revocation</U>. In accordance with the ADEA, as amended by OWBPA, Executive is advised to consult with an attorney before
signing this Agreement. Executive is given a period of 21&nbsp;days in which to consider whether to enter into this Agreement.
Executive does not have to utilize the entire 21&nbsp;day period before signing this Agreement, and may waive this right. Changes
to this Agreement, whether material or immaterial, do not restart the running of the 21 day consideration period. If Executive
does enter into this Agreement, he may revoke the Agreement within 7&nbsp;days after his execution of the Agreement. Any revocation
must be in writing, sent via certified mail or email, and must be received by the Vice President of Worldwide Human Resources of
the Company no later than midnight of the 7th day after execution by Executive (and postmarked on or before midnight of the 7th
day after Executive&rsquo;s execution of this Agreement). In the event Executive revokes this Agreement, Executive understands
that this Agreement will be null and void, and he will not be entitled to receive the severance payments and benefits described
in the Employment Agreement or <U>Sections 3</U> or <U>4</U>, above. If Executive does not revoke this Agreement, the Agreement
will become effective, irrevocable, binding and enforceable on the 8th day after Executive signs the Agreement. For the avoidance
of doubt, nothing in this Agreement prevents or precludes Executive from challenging or seeking a determination in good faith of
the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs from doing so, unless
specifically authorized by federal law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Supplemental
Release</U>. As a condition to receive the severance payments and benefits described in <U>Section 3</U> and the additional consideration
described in <U>Section 4</U>, on the Termination Date, Executive shall sign and deliver to the Vice President of Worldwide Human
Resources of the Company, the Supplemental Release Agreement attached hereto as <U>Attachment A</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Dispute
Resolution</U>. The Parties agree that any dispute or controversy arising from or related to this Agreement shall be decided by
the arbitration procedures set forth in Section 10 of the Employment Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>General</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
payments required to be made by the Company under this Agreement shall be subject to the withholding of such amounts, if any, relating
to federal, state and local taxes as may be required by law. Executive acknowledges and affirms his consent to, and understanding
of, the tax and Code Section 409A related provisions set forth in the Employment Agreement and the application of such provisions
to the payments described in <U>Section 3</U>, above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive
specifically acknowledges and agrees that a breach of <U>Section 11</U>, below, will result in the immediate discontinuance of
any payments or benefits due pursuant to this Agreement. The Parties acknowledge and agree that upon any breach by Executive of
his obligations under <U>Section 11</U>, the Company will have no adequate remedy at law, and accordingly will be entitled to specific
performance and other appropriate injunctive and equitable relief. Executive shall not, and Executive waives and releases any rights
or claims to, contest or challenge the reasonableness, validity or enforceability of the obligations described in <U>Section 11</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive
acknowledges that the amounts paid to him, including the amounts paid pursuant to this Agreement, may be subject to recoupment
or clawback pursuant to the any applicable policy adopted by the Company or by applicable law, and Executive agrees to comply with
any such policy or law and to repay such amounts to the extent required thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any provision of this Agreement is held to be illegal, invalid or unenforceable, such provision will be fully severable and this
Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision never comprised a part hereof,
and the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the illegal, invalid
or unenforceable provision. Furthermore, in lieu of such illegal, invalid or unenforceable provision, there will be added automatically
as part of this Agreement a provision as similar in its terms to such illegal, invalid, or unenforceable provision as may be possible
and be legal, valid and enforceable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
delay or omission by either Party in exercising any right, power or privilege under this Agreement will impair such right, power
or privilege, nor will any single or partial exercise of any such right, power or privilege preclude any further exercise of any
other right, power or privilege.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise)
to all or substantially all of the business or assets of the Company to expressly assume and agree to perform this Agreement in
the same manner and to the same extent the Company would be required to perform if no such succession had taken place. This Agreement
shall be binding upon and inure to the benefit of the Company and any successor to the Company, including without limitation any
persons acquiring directly or indirectly all or substantially all of the business or assets of the Company whether by purchase,
merger, consolidation, reorganization, or otherwise (and such successor shall thereafter be deemed the &ldquo;Company&rdquo; for
the purposes of this Agreement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Agreement and the Employment Agreement contain the entire understanding of the Parties relating to the subject matter described
in this Agreement. This Agreement may not be amended or modified except by a written instrument hereafter signed by the Parties,
and may not be waived except by a written instrument signed by the Party granting such waiver.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Agreement and the performance of this Agreement shall be governed and construed in all respects, including but not limited to as
to validity, interpretation and effect, by the laws of the State of Texas, without regard to the principles or rules of conflict
thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Consult
an Attorney; No Representations</U>. Executive acknowledges that the Company has advised him to consult an attorney, at his expense,
concerning his rights and the terms of this Agreement, and that Executive had sufficient time to do so and did so or voluntarily
chose not to do so. Executive&rsquo;s waivers are knowing, conscious and with full appreciation that at no time in the future may
he pursue any of the rights that he waived in this Agreement. Executive has not relied upon any representations or statements made
by the Company in deciding whether to execute this Release.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Restrictive
Covenants</U>. Executive acknowledges and hereby affirms his obligations under Section 8 and Section 9 of the Employment Agreement
and hereby acknowledges that nothing in this Agreement or the Supplemental Release Agreement shall release Executive from his obligations
pursuant to Section 8 and Section 9 of the Employment Agreement including, without limitation, his obligations regarding confidentiality,
non-competition, non-solicitation, and non-disparagement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;<B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>By signing this Agreement
before the 21 day period described in <U>Section 7</U> expires, Executive waives Executive&rsquo;s right under the ADEA and the
OWBPA to 21 days to consider the terms of this Agreement. In any case, however, Executive retains the right to revoke this Agreement
within 7 days, as described in <U>Section 7</U>, above.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>DONALD F. ADAM</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>BENCHMARK ELECTRONICS, INC.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">/s/ Donald F. Adam</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">/s/ Kevin O&rsquo;Connor</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Date:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 43%"><FONT STYLE="font-family: Times New Roman, Times, Serif">12-18-2017</FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Its:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 47%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Vice President Human Resources</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 48%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Date:</FONT></TD>
    <TD STYLE="width: 45%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">12-18-2017</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 10.2&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>ATTACHMENT A</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SUPPLEMENTAL RELEASE OF ALL CLAIMS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On December 8, 2017, I
signed a TRANSITION AGREEMENT AND RELEASE OF ALL CLAIMS (the &ldquo;Agreement&rdquo;). As required by Section 8 of the Agreement,
by signing this Supplemental Release of All Claims (&quot;Supplemental Release&quot;), I hereby renew and reaffirm my release and
waiver of all potential claims against the Released Parties as defined in the Agreement through the date of my execution of this
Supplemental Release.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In accordance with the
ADEA as defined in the Agreement, I acknowledge and agree that I have been fully advised of my rights under the ADEA with respect
to the Agreement and this Supplemental Release. My agreements and understandings regarding the ADEA are hereby incorporated by
reference and such understandings include, but are not limited to, that I have been advised to consult with an attorney before
signing this Supplemental Release and have been given a period of 21 days in which to consider whether to enter into this Supplemental
Release. I understand that I do not have to use the entire 21-day period before signing this Supplemental Release, and may waive
this right. If I enter into this Supplemental Release, I understand that I may revoke the Supplemental Release and that any such
revocation must be in writing, sent via certified mail or email to the Vice President of Worldwide Human Resources of the Company,
and postmarked on or before the end of the 7th day after my timely execution of this Supplemental Release. If I revoke this Supplemental
Release, I understand that this Supplemental Release will be null and void, and that I will not be entitled to receive the payments
described in Section 3 and 4 of the Agreement. If I do not revoke this Supplemental Release, it will become effective, irrevocable,
binding and enforceable on the 8th day after I execute it.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>I understand that my
entitlement to the consideration described in the Agreement is conditioned upon me signing, not revoking, and abiding by the terms
of the Agreement and this Supplemental Release.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">If I sign this Supplemental
Release, I understand that I must sign and return it to the Vice President of Worldwide Human Resources within 21 days after the
Termination Date as defined in the Agreement, but not before the day after the Termination Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 5%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Date:</FONT></TD>
    <TD STYLE="width: 42%; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Donald F. Adam</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><U>FOR IMMEDIATE RELEASE</U></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Benchmark Electronics Appoints Roop K.
Lakkaraju as New Chief Financial Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">SCOTTSDALE, AZ, December 18, 2017 &ndash; Benchmark Electronics,
Inc. (NYSE: BHE), a global provider of manufacturing, engineering and design services, today announced the appointment of Roop
K. Lakkaraju as Executive Vice President and Chief Financial Officer. Mr. Lakkaraju replaces Don Adam, who will be retiring from
the Company at the end of the year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&ldquo;We are pleased to welcome Roop to the Benchmark organization,&rdquo;
said Paul Tufano, Benchmark&rsquo;s President and CEO. &ldquo;Roop is a seasoned financial executive with deep knowledge of our
industry and extensive experience in the technology sector including a number of our targeted higher-value markets. Roop&rsquo;s
experience in both public companies and privately held entrepreneurial organizations will be invaluable as we continue to reposition
the Company.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Mr. Lakkaraju has more than 25 years of management experience in
overall financial strategy including treasury, financial planning and analysis, cost management, capital allocation, and balance
sheet optimization. Mr. Lakkaraju was most recently CFO at privately held Maana, <FONT STYLE="background-color: white">a software
company that has pioneered an Artificial Intelligence-driven knowledge platform</FONT>. Prior to that, he has been Chief Operating
Officer or Chief Financial Officer for private and public high-technology companies. Mr. Lakkaraju spent more than 5 years at Solectron
Corporation including being their Interim Chief Financial Officer. Mr. Lakkaraju was an Audit and Business Advisory Manager at
PricewaterhouseCoopers LLP. Mr. Lakkaraju holds a BS in Business Administration from San Jose State University.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&ldquo;This is an exciting time to join Benchmark,&rdquo; said Roop
K. Lakkaraju, &ldquo;I am looking forward to joining Paul and the executive team and contributing to the dynamic business transformation
of Benchmark while maintaining a strong balance sheet and operating discipline in support of the Company&rsquo;s long-term growth
strategy.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>About Benchmark Electronics, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Benchmark provides worldwide integrated electronics manufacturing
services (EMS), engineering and design services, and precision machining services to original equipment manufacturers in the following
industries: industrial controls, aerospace and defense, telecommunications, computers and related products for business enterprises,
medical devices, and test and instrumentation. Benchmark&rsquo;s global operations include facilities in eight countries, and its
common shares trade on the New York Stock Exchange under the symbol BHE.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>For More Information, Please Contact:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Lisa K. Weeks, VP of Strategy &amp; Investor Relations</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">623-300-7052 or lisa.weeks@bench.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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