TRIDENT MICROSYSTEMS INC
EX-10.32
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<TYPE>EX-10.32
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<DESCRIPTION>EX-10.32
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<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>EXHIBIT&nbsp;10.32</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">September&nbsp;18, 2008
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Uri Kreisman<BR>
Mendel Singer 20, Apt. #52<BR>
Haifa 34984, Israel

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Dear Uri:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We are pleased to offer you the position of Vice President of Operations, as a full-time employee,
reporting to Sylvia Summers. Assuming you accept, you would be employed by Trident
Microelectronics Limited (&#147;Trident Taiwan&#148;), a subsidiary of Trident Microsystems (Far East) Ltd.
(&#147;Trident Far East&#148;). Trident Far East is a subsidiary of Trident Microsystems, Inc. (&#147;Trident).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The details of this employment offer, including the compensation package, are as follows:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Your base salary shall be NT$5,600,000.00 per year, payable on a monthly basis at a rate of
NT$466,666.67 with no annual fixed bonus (13<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> and 14<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> month&#146;s base
salary) payable during the year.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Upon the approval of the Compensation Committee of Trident&#146;s Board of Directors
(&#147;Compensation Committee&#148;), following your commencement of employment with Trident Taiwan, you
will be granted the equity incentive awards described in <U>Appendix&nbsp;A</U>, subject to the
terms set forth therein.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You will be eligible to participate in Trident&#146;s Incentive Bonus Plan and your target bonus
payment will be 45% of your annual base salary, as described <U>Appendix&nbsp;B</U>.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Trident Taiwan will provide you with a monthly housing allowance of NT$165,000.00 on a cash
basis, payable in Taiwan.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You will receive a monthly goods and services differential allowance of NT$70,000.00 on a
cash basis, payable in Taiwan.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>One company-paid economy class home leave trip (Israel/Taiwan) will be provided to you and
your immediate family member(s) annually.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Trident Taiwan will provide you with the relocation assistance in accordance with Trident&#146;s
policy. You will be entitled to the similar assistance for repatriation at the end of your
employment with Trident Taiwan provided your employment is not terminated for cause.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You will eligible to participate in the medical, dental, vision, life and disability
insurance programs.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You will be entitled to 23&nbsp;days&#146; paid annual leave for the first year of employment and
thereafter, you will earn one additional day for each year of service up to a maximum of 30
days.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Tax equalization will apply to ensure that the income taxes incurred for the expatriate
assignment remain neutral to you, based on Trident&#146;s policy. Trident Taiwan will withhold
applicable income taxes from the monthly payroll in Taiwan based on the calculations of the
hypothetical tax provided by the designated accounting firm. Trident Taiwan will absorb the
excess hypothetical income tax arising out of this appointment. In the event of any shortfall
in the hypothetical tax withholding, you will repay the amount due to Trident Taiwan.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Trident Taiwan will reimburse you the costs incurred for language training assistance up to
a maximum of 150 hours of formal instruction per person for you and each of your immediate
family members.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Other employee benefits and employment terms including probation and required termination
notice will be subject to Trident Taiwan&#146;s policies, except that you will be given six months&#146;
termination notice if your employment is terminated without cause during the first year of
employment.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Trident Taiwan undertakes to assist you in obtaining an appropriate work authorization visa
and work permit, subject to approval by the local Taiwanese authorities, to enable you to
carry out your duties in Taiwan. You will be reimbursed for reasonable charges incurred for
visas and work permit applications for yourself and your immediate family members.</TD>
</TR>

</TABLE>
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<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">September&nbsp;18, 2008<BR>
Uri Kreisman<BR>
Page 2 of 4

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Within three (3)&nbsp;days of the start of your employment you will be required, as a condition of your
employment, to complete the following:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You will be required to sign Trident&#146;s standard form of Employment, Proprietary Information
and Invention Assignment Agreement, including a non-solicitation covenant of twenty-four (24)
months&#146; duration.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Trident is a dynamic, fast growing company whose success depends upon the contributions of talented
individuals such as you. You can accept this offer to be employed by Trident Taiwan by signing
below, indicating your earliest available start date, and returning this copy to me. Should you
have questions or if you need additional information please feel free to contact me at &#043;1 (408)
764-8844.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This offer of employment is contingent upon your ability to comply with the employment
authorization provisions of the Taiwanese government as well as the successful completion of your
background investigation. In addition, this offer is conditioned upon your acceptance, in writing,
by September&nbsp;20, 2008.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Sincerely,
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Donna M.
Hamlin<br>
Vice President, Human Resources &#038; Administration
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U><B>ACKNOWLEDGEMENTS &#038; ACCEPTANCE</B></U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The provisions stated in this offer letter supersede all prior representations or agreements,
whether written or oral. This offer letter may not be modified or amended except by a written
agreement, signed by an authorized officer of Trident and me.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD width="30%">&nbsp;</TD>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Uri Kreisman
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">10/1/2008
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">11/10/2008</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Uri Kreisman
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Date
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Earliest Available Start Date</TD>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">September&nbsp;18, 2008<BR>
Uri Kreisman<BR>
Page 3 of 4

</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U><B>Appendix&nbsp;A</B></U><BR>
<B>Equity Incentive Award</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><U>Initial Hire-on Option Grant</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Upon the approval of Trident&#146;s Compensation Committee, following your employment start date, you
will be granted a non-qualified stock option to purchase 63,200 shares of Trident&#146;s common stock at
an exercise price per share equal to the closing price of a share of Trident&#146;s common stock on the
Nasdaq Global Market on the effective date of grant. Subject to your continued performance of
services with Trident or one of its subsidiaries through each respective vesting date, the shares
subject to this stock option will vest and become exercisable over a four-year period at the rate
of 25% of such shares upon each of the first four anniversaries of your employment start date.
Your stock option will be granted under and subject to the terms and conditions of the 2006 Equity
Incentive Plan and Trident&#146;s standard form of stock option agreement, which you will be required to
sign as a condition to receiving this option.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><U>Initial Hire-on Restricted Stock Units Award</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Upon the approval of Trident&#146;s Compensation Committee, following your employment start date, you
will be granted a restricted stock units award consisting of 25,360 shares of Trident&#146;s common
stock. These shares will be subject to automatic forfeiture if your performance of services with
Trident terminates prior to the date on which the shares vest. Subject to your continued
performance of services with Trident or one of its subsidiaries through each respective vesting
date, the shares subject to this restricted stock units award will vest over a three-year period at
the rate of one-third upon each of the first three anniversaries of your employment start date.
Your restricted stock units award will be granted under and subject to the terms and conditions of
the 2006 Equity Incentive Plan and Trident&#146;s standard form of restricted stock units agreement,
which you will be required to sign as a condition to receiving this award.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Uri Kreisman
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Uri Kreisman
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">September&nbsp;18, 2008<BR>
Uri Kreisman<BR>
Page 4 of 4

</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U><B>Appendix&nbsp;B</B></U><BR>
<B>Incentive Bonus Plan</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">You will be eligible to participate in Trident&#146;s Incentive Bonus Plan at a target rate of 45% of
your annual base salary. The actual bonus, if any, you earn under the Incentive Bonus Plan will be
based upon Trident&#146;s achievement of annual performance goals determined by the Board of Directors
and/or Compensation Committee. In addition, you must be an active employee on the date of the
bonus payment to be entitled to receive a bonus under the Incentive Bonus Plan. The detailed terms
and conditions of the Incentive Bonus Plan are defined yearly by Trident&#146;s Board of Directors
and/or Compensation Committee and are subject to change at the Board of Directors&#146; and/or
Compensation Committee&#146;s discretion from year to year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For the period from your employment start date through June&nbsp;30, 2009, the end of Trident&#146;s current
fiscal year, Trident Taiwan will guarantee payment to you of an Incentive bonus in the amount of no
less than six months of target bonus (&#147;Guaranteed Initial Bonus&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Effective upon your first payroll period following your commencement of employment, Trident Taiwan
will advance you the amount of NT$1,260,000.00, which shall be credited toward payment of your
Guaranteed Initial Bonus.
</DIV>
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<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Uri Kreisman
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Uri Kreisman</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
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