Allegro MicroSystems terminates Board Executive Advisor Agreement with director Reza Kazerounian; $180K severance due

ALLEGRO MICROSYSTEMS, INC.

Board terminated Consulting Agreement dated Sept 28, 2017, as amended June 28, 2018.
Reza Kazerounian, a Board member, will receive $180,000 cash severance upon termination.
Agreement engaged Kazerounian as executive advisor to Board and CEO office; no other changes to board role.

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