Re: Separation AgreementSeparation Agreement • July 25th, 2008 • Power Integrations Inc • Semiconductors & related devices • California
Contract Type FiledJuly 25th, 2008 Company Industry JurisdictionThis letter sets forth the separation agreement (the “Agreement”) that Power Integrations, Inc. (the “Company”) is offering to you in light of your upcoming separation from the Company. This Agreement is subject to and conditioned upon the approval of the Board of Director’s Compensation Committee. If this Agreement is not approved by the Compensation Committee, it will have no force or effect.