EX-10.2 3 asys102keytermsforrobertha.htm EXHIBIT 10.2
AMTECH SYSTEMS, INC.
Key Terms for Robert Hass Employment
(Restoration to June 30, 2012 Level)

Effective Date | April 1, 2016
Salary | $170,000, based on a 5-day week. Flexible work week of 3-5 days/week, with salary paid on a prorate basis.
Car Allowance | $7,000 per year
Vacation Accrual | daily accrual based on actual days worked each period and 3 weeks/year
401(k) Match | same as other employees, except paid as additional compensation.
Change in control agreement | Comparable to one prior to July 2013 - 1 year salary - prorated incentive compensation - full vesting of options & restricted stock
Paid holidays, sick days, bereavement days, family leave | Based on company policies
Group Medical and Group Insurance | Same as other employees
Group Dental, Life and Disability Insurance | Same as other employees
Group Disability Insurance | Same as other employees
Cafeteria 125 Plan and Health Savings Account | Same as other employees
Eligible for bonuses, stock options, and restricted stock in amounts | To be determined by the company
Expense reimbursement | Same as company’s policy
Severance | Determined by company, but no less than the company’s past practice for middle managers
Employment at will of employer. |

AGREED TO:
Date: March 10, 2016 By: /s/ Robert T. Hass
Name: Robert T. Hass
Date: March 10, 2016 By: /s/ Fokko Pentinga
Name: Fokko Pentinga
Title: Chief Executive Officer