0000833640-17-000086 Sample Contracts

Form of Agreement for Employees with Executive Officer Benefits Agreement]
Benefits Agreement • February 8th, 2017 • Power Integrations Inc • Semiconductors & related devices • Delaware

Power Integrations, Inc. (the “Company”), pursuant to its 2016 Incentive Award Plan (the “Plan”) hereby grants to Participant the Maximum Number of Long Term Performance Stock Units (“PRSUs”) as set forth below (the “PRSU Grant”). This PRSU Grant is subject to all of the terms and conditions as set forth herein, and in the Long Term Performance Stock Unit Agreement and the Plan, each of which is attached hereto and incorporated herein in its entirety. This PRSU Grant is a “performance stock unit” granted pursuant to Section 5(b) of the Plan. Capitalized terms not otherwise defined herein will have the meanings set forth in the Plan or the Long Term Performance Stock Unit Agreement. Except as otherwise expressly provided herein, in the event of any conflict between the terms in the PRSU Grant and the Plan, the terms of the Plan will control.

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Form of Agreement for Employees with Executive Officer Benefits Agreement]
Benefits Agreement • February 8th, 2017 • Power Integrations Inc • Semiconductors & related devices • Delaware

Power Integrations, Inc. (the “Company”), pursuant to its 2016 Incentive Award Plan (the “Plan”) hereby grants to Participant the Maximum Number of Performance Stock Units as set forth below (the “PSU Grant”). This PSU Grant is subject to all of the terms and conditions as set forth herein, and in the Performance Stock Unit Agreement and the Plan, each of which is attached hereto and incorporated herein in its entirety. This PSU Grant is a “performance stock unit” granted pursuant to Section 5(b) of the Plan. Capitalized terms not otherwise defined herein will have the meanings set forth in the Plan or the Performance Stock Unit Agreement. Except as otherwise expressly provided herein, in the event of any conflict between the terms in the PSU Grant and the Plan, the terms of the Plan will control.

AMENDMENT NUMBER SEVEN TO WAFER SUPPLY AGREEMENT
Wafer Supply Agreement • February 8th, 2017 • Power Integrations Inc • Semiconductors & related devices

This Amendment Number Seven (the “Amendment") effective as of Oct. 3rd, 2016 (the “Amendment Effective Date”) amends the Wafer Supply Agreement effective April 1, 2005, as amended by Amendment number one effective December 19, 2008, Amendment number two effective September 13, 2010, Amendment number three effective February 1, 2012, Amendment number four effective April 1, 2015, Amendment number five effective November 2, 2015 and Amendment number six effective December 8, 2015 (as amended the “Agreement”) by and between:

AMENDMENT NUMBER EIGHT TO AMENDED AND RESTATED WAFER SUPPLY AGREEMENT
Wafer Supply Agreement • February 8th, 2017 • Power Integrations Inc • Semiconductors & related devices

This Amendment Number Eight (the "Amendment"), effective as of Nov. 8th, 2016 (the "Amendment Effective Date"), amends the Wafer Supply Agreement effective April 1, 2005, as amended by Amendment number one effective December 19, 2008, Amendment number two effective September 13, 2010, Amendment number three effective February 1, 2012, Amendment number four effective April 1, 2015, Amendment number five effective November 2, 2015, Amendment number six effective December 8, 2015, and Amendment number seven effective October 3, 2016 (as amended the “Agreement”) by and between:

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