Form of Agreement for Employees with Executive Officer Benefits Agreement]Performance Stock Unit Agreement • February 22nd, 2013 • Power Integrations Inc • Semiconductors & related devices • Delaware
Power Integrations, Inc. (the “Company”), pursuant to its 2007 Equity Incentive 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 “restricted stock unit” granted pursuant to Section 6(b) of the Plan and a “performance stock award” granted pursuant to Section 6(d) 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.
Form of Agreement for Employees with Executive Officer Benefits Agreements]Restricted Stock Unit Award Agreement • February 22nd, 2013 • Power Integrations Inc • Semiconductors & related devices • Delaware
Power Integrations, Inc. (the “Company”), pursuant to its 2007 Equity Incentive Plan (the “Plan”), hereby awards to Participant a Restricted Stock Unit Award for the number of shares of the Company's Common Stock set forth below (the “Award”). The Award is subject to all of the terms and conditions as set forth herein and in the Plan and the Restricted Stock Unit Award Agreement, both of which are attached hereto and incorporated herein in their entirety. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Plan or the Restricted Stock Unit Award Agreement. Except as otherwise expressly provided herein, in the event of any conflict between the terms in the Award and the Plan, the terms of the Plan shall control.
First Amendment to Credit AgreementCredit Agreement • February 22nd, 2013 • Power Integrations Inc • Semiconductors & related devices • California
This First Amendment to Credit Agreement (this “Amendment”) is entered into as of December 17, 2012, among Power Integrations, Inc., a Delaware corporation (“Borrower”), Union Bank, N.A. (“Union Bank”), Wells Fargo Bank, National Association (“Wells Fargo”) and Wells Fargo Bank, National Association, as administrative agent (“Agent”).
