0000950134-08-019737 Sample Contracts

Contract
Wafer Supply Agreement • November 7th, 2008 • Power Integrations Inc • Semiconductors & related devices • California

Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.

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AMENDMENT NUMBER FOUR TO AMENDED AND RESTATED WAFER SUPPLY AGREEMENT
Wafer Supply Agreement • November 7th, 2008 • Power Integrations Inc • Semiconductors & related devices

This Amendment Number Four (the “Amendment”), effective as of June 13, 2008 (the “Amendment Effective Date”), amends the Amended and Restated Wafer Supply Agreement effective as of April 1, 2003 (as further amended by Amendment Number One, effective August 11, 2004, Amendment Number Two, effective April 1, 2008, and Amendment Number Three, effective June 9, 2008) (the “Agreement”), by and between OKI Electric Industry Co., Ltd. (“OKI ELECTRIC” or “OKI”), a Japanese corporation having its registered head office at 7-12, Toranomon 1-chome, Minato-ku, Tokyo 105-8460, Japan, and Power Integrations International, Ltd. (“PI”) a Cayman Islands corporation having its principal place of business at 4th Floor, Century Yard, Cricket Square, Elgin Avenue, P.O. Box 32322, Grand Cayman KY1-1209. Unless specifically designated otherwise, capitalized terms used herein shall have the same meanings given them in the Agreement.

POWER INTEGRATIONS, INC. NONSTATUTORY STOCK OPTION AGREEMENT FOR OUTSIDE DIRECTORS (INITIAL OPTION)
Nonstatutory Stock Option Agreement • November 7th, 2008 • Power Integrations Inc • Semiconductors & related devices • Delaware

THIS NONSTATUTORY STOCK OPTION AGREEMENT FOR OUTSIDE DIRECTORS (INITIAL OPTION) (the “Option Agreement”) is made and entered into as of , by and between Power Integrations, Inc. and (the “Optionee”).

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