Non-Employee Director Schedule of Meeting Fees

Fee Agreement

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Title: Non-Employee Director Schedule of Meeting Fees
Date: 4/29/2005
Industry: Semiconductors

Exhibit 10.1

CREE, INC.

Non-Employee Director

Schedule of Meeting Fees

Effective April 13, 2005

Type of Meeting and Attendance Amount

------------------------------ ------

Regular meetings of the Board of Directors $2,500 per meeting

Special meetings o

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