SEVERANCE AGREEMENTSeverance Agreement • November 2nd, 2007 • International Rectifier Corp /De/ • Semiconductors & related devices
THIS SEVERANCE AGREEMENT (this “Agreement”), dated as of October 29, 2007, (the “Effective Date”) is made by and between International Rectifier Corporation, a Delaware corporation (the “Company”), and Donald R. Dancer (“Employee”). This term of this Agreement extends from the Effective Date through the End Date.
Re: Compensation AgreementCompensation Agreement • November 2nd, 2007 • International Rectifier Corp /De/ • Semiconductors & related devices • California
This letter agreement (this “agreement”) confirms the terms of your employment with International Rectifier Corporation (the “Company”), during and after your service as acting Chief Executive Officer, as approved by the Board of Directors (the “Board”) of the Company.
