Exhibit 10.2

SEVERANCE AGREEMENT

THIS SEVERANCE AGREEMENT (this "Agreement"), dated as of June 8, 2008, (the "Effective Date") is made by and between International
Rectifier Corporation, a Delaware corporation (the "Company"), and Timothy E. Bixler ("Employee"). This term of this Agreement extends from the Effective Date through the End Date.

WITNESSETH:

WHEREAS,
Employee is a senior level employee of the Company and is currently serving as its Vice President and General Counsel;

WHEREAS,
Employee has made and is expected to continue to make major contributions to the short- and long-term profitability, growth and financial strength of the Company;

WHEREAS,
the Company desires to assure itself of both present and future continuity of management and desires to establish certain severance benefits for Employee, applicable in the
event of a Change in Control; and

WHEREAS,
on June 8, 2008, the Board authorized the Company to enter into this Agreement.

NOW,
THEREFORE, the Company and Employee agree as follows:

1.
Certain Defined Terms.    In addition to terms defined elsewhere herein, the following terms have the following meanings when used in this Agreement with initial capital
letters:



Whether
or not Cause exists in clauses (ii) through (v) shall in each case be determined in good faith by the Board.

Notwithstanding
the foregoing, Employee shall not be deemed to have been terminated for "Cause" under clauses (ii) through (v) unless and until there shall have been
delivered to the Employee a copy of a resolution duly adopted by the affirmative vote of not less than a majority of the Board then in office at a meeting of the Board. In addition, before such
termination for Cause is effective, the Company shall provide the Employee with written notice detailing why the Company believes a Cause event has occurred and specifying the particulars thereof in
detail. The Board shall also provide the Employee with ten days after his/her receipt of such notice to cure the Cause event(s)(if curable) and the opportunity, together with the Employee's counsel
(if the Employee chooses to have counsel present at such meeting), to be heard before the Board (or, in the Board's discretion, the Committee or their delegates) during such ten day period. Nothing
herein will limit the right of the Employee to contest the validity or propriety of any such determination.

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2.
Qualifying Termination Consequences.    If a Qualifying Termination occurs during the term of this Agreement and also occurs either in connection with a Change in Control
(or an impending Change in Control) and/or during the Protected Period, then the following subsections in this Section 2 shall apply (with Sections 2(b) through 2(g) being subject to the
effectiveness of the Release Agreement referenced in Section 2(h) below):



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3.
Successors and Binding Agreement.



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4.
No Retention Rights.    This Agreement is not an employment agreement and does not give the Employee the right to be retained by the Company (or its Subsidiaries or
affiliates) and the Employee agrees that he/she is an employee-at-will subject to any effective employment agreement between the parties. The Company (or its Subsidiaries or
affiliates) reserves the right to terminate the Employee's service at any time and for any reason.

5.
Notices.    For all purposes of this Agreement, all communications, including without limitation notices, consents, requests or approvals, required or permitted to be given
hereunder will be in writing and will be deemed to have been duly given when hand delivered or dispatched by electronic facsimile transmission (with receipt thereof orally confirmed), or five business
days after having been mailed by United States registered or certified mail, return receipt requested, postage prepaid, or three business days after having been sent by a nationally recognized
overnight courier service such as FedEx, UPS, or DHL, addressed to the Company (to the attention of the Secretary of the Company) at its principal executive office and to the Employee at his/her
principal residence, or to such other address as any party may have furnished to the other in writing and in accordance herewith, except that notices of changes of address shall be effective only upon
receipt.

6.
Validity.    If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise
illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or
otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

7.
Arbitration; Governing Law.    Any dispute between the parties under this Agreement shall be resolved (except as provided below) in Los Angeles, California through informal
arbitration by an arbitrator selected under the rules of the American Arbitration Association. The arbitrator shall have the right only to interpret and apply the provisions of this Agreement and may
not change its provisions. The arbitrator shall permit reasonable pre-hearing discovery of facts, to the extent necessary to establish a claim or a defense to a claim, subject to
supervision by the arbitrator. The determination of the arbitrator shall be conclusive and binding upon the parties and judgment upon the same may be entered in any court having jurisdiction thereof.
The arbitrator shall give written notice to the parties stating his determination and shall furnish to each party a signed copy of such written decision. To the extent required by applicable law, the
expenses of the arbitration shall be borne by the Company, otherwise the arbitration expenses shall be borne equally by the Company and the Employee provided, however, that each party shall be
responsible for their own legal fees and expenses (except that the Company shall reimburse the Employee for the Employee's legal fees within thirty days of the
arbitration decision if the Employee is forced to successfully enforce at least one material claim of his Section 2 entitlements under this Section 7). The validity, interpretation,
construction and performance of this Agreement shall be governed by the laws of the State of California without regard to the conflicts of laws principles thereof.

8.
Miscellaneous.    No provision of this Agreement may be modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing signed by the
Employee and the

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Company.
No waiver by either party hereto at any time of any breach by the other party hereto any condition or provision of this Agreement to be performed by such other party will be deemed a waiver
of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. This Agreement and the Compensation Agreement constitute the entire agreement of the parties with
respect to the subject matter thereof and supersede any and all prior agreements of the parties with respect to such subject matter. No agreements or representations, oral or otherwise, expressed or
implied with respect to the subject matter thereof have been made by either party which are not set forth expressly in this Agreement and/or the Compensation Agreement.

9.
Counterparts.    This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which together will constitute one
and the same agreement.

10.
Section 409A.    The Agreement is not intended to constitute a "nonqualified deferred compensation plan" within the meaning of section 409A of the Code.
Notwithstanding the foregoing, in the event this Agreement or any benefit paid under this Agreement to Employee is deemed to be subject to section 409A of the Code, the Employee consents to the
Company's adoption of such conforming amendments as the Company deems advisable or necessary, in its sole discretion, to comply with section 409A of the Code (including without limit delaying
the timing of payments). Notwithstanding anything to the contrary, if, upon Employee's separation from service, Employee is then a Company "specified employee" (as defined in Section 409A of
the Code), then to the extent necessary to comply with Code Section 409A, the Company will defer payment (without interest) of certain of the amounts owed to Employee under this Agreement until
the earlier of the Employee's death or the first business day of the seventh month following Employee's separation from service.

11.
Withholding.    All payments and benefits made under this Agreement shall be subject to reduction to reflect any withholding taxes or other amounts required by applicable
law or regulation.

12.
Restrictive Covenants.    The provisions of this Section 12 shall survive termination of this Agreement and/or termination of Employee's employment for any reason.



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INTERNATIONAL
RECTIFIER CORPORATION

|                  |  |  |  | 
|----------------- |  |  |  | 
|By:               |  |  |  | 
|Its:              |  |  |  | 
|                  |  | 
|Timothy E. Bixler |  | 

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