Fiscal Year 2009 Disk Drive Components Division Management Bonus Plan of Hutchinson Technology Incorporated

Exhibit 10.1

Fiscal Year 2009 Disk Drive Components Division Management Bonus Plan
of Hutchinson Technology Incorporated

     We have a fiscal year 2009 management bonus plan that covers executive officers and certain other management-level employees of our Disk Drive Components Division. The plan is designed to create an incentive for management of our Disk Drive Components Division to achieve goals that our board of directors believes align with the interests of our long-term shareholders. The plan design includes an annual corporate financial goal as well as additional division strategic goals. Individual bonus targets, expressed as a percentage of base salary, are approved for all executive officers by our board of directors upon the recommendation of the board’s compensation committee.

     Fifty percent of the bonus target is dependent on our achievement of an annual corporate financial goal, which is set giving consideration to both near- and long-term financial performance. For fiscal year 2009, earnings before taxes (EBT) will be the corporate financial goal. The award amount to be paid based on EBT is determined based on whether a