Subject: Amendment to Relocation Benefits Reference is made to the offer letter agreement dated September 21, 2008 between you and International Rectifier Corporation (the “Company”), as amended by that certain amendment thereto, dated November 4,...Amendment to Relocation Benefits • August 22nd, 2011 • International Rectifier Corp /De/ • Semiconductors & related devices
This memo confirms that the Relocation Benefits and the parties respective obligations therefor are hereby terminated effective as of the commencement of the Company’s 2012 fiscal year. In lieu of and contemporaneous with the termination of the Relocation Benefits, you shall be eligible to receive a supplemental annual allowance in the aggregate gross amount of $65,000.
