INTEGRATED DEVICE TECHNOLOGY INC
EXHIBIT 10.1
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<TYPE>EX-10.1
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<DESCRIPTION>EXHIBIT 10.1
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      <font style="font-size: 10pt">Exhibit 10.1</font>
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      <font style="font-size: 10pt">September 12, 2008</font>
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      <font style="font-size: 10pt">Richard D. Crowley</font><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt">[Address]</font><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt">[Address]</font>
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      <font style="font-size: 10pt"><br style="font-size: 10pt">
      </font><font style="font-size: 10pt">Dear Rick:</font>
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    <p style="text-align: justify">
      <font style="font-size: 10pt">Integrated Device Technology, Inc. (&#8220;IDT&#8221;)</font><font style="font-size: 10pt"><b>
      </b></font><font style="font-size: 10pt">is pleased to make you an offer
      of employment as </font><font style="font-size: 10pt"><b>Vice President
      and Chief Financial Officer</b></font><font style="font-size: 10pt">
      reporting to Ted Tewksbury, President and Chief Executive Officer.&#160;&#160;The
      terms of your employment are as follows:</font>
    </p>
    <div style="text-align:left">
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          &#160;
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        <td style="text-align: left; width: 20%; padding-left: 0.0px" valign="top">
          Salary:
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          $325,000.00 annually; payable biweekly
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          &#160;
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          Status:
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          Full time / Exempt
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          &#160;
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          Stock Options:
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          <p style="margin-bottom: 0px; margin-top: 0px">
            You will be recommended for a stock option grant to purchase
            200,000 shares of IDT common stock, which will vest over a four
            year period, assuming your continued service to IDT. The granting
            of your stock options will occur on or about the 15th day of the
            month following the completion of the month in which you begin
            employment with IDT, subject to approval by our Board of
            Directors. Your stock options will have a per share exercise price
            equal to the closing price of IDT common stock on the last workday
            prior to the date of grant.
          </p>
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          &#160;
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          Restricted Stock Units (RSUs):
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          &#160;
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        </td>
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        </td>
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          <p style="margin-bottom: 0px; margin-top: 0px">
            You will be recommended for a Restricted Stock Unit grant of
            15,000 shares of IDT common stock, which will vest over a four
            year period, assuming your continued service to IDT. The granting
            of your RSUs will occur on or about the 15th day of the month
            following the completion of the month in which you begin
            employment with IDT, subject to approval by our Board of Directors.
          </p>
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          &#160;
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          Annual Bonus:
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          You will be eligible for participation in our incentive compensation
          plan for FY09 (March 31, 2008-March 29, 2009). Your participation
          will be at an annual target of 60% of your base earnings. This
          fiscal year&#8217;s bonus will be pro-rated in accordance with the FY09
          Incentive Compensation Plan for Exempt Employees, herewith enclosed.
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          &#160;
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          Sign-On Bonus:
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        <td style="text-align: left; width: 75%; padding-left: 0.0px" valign="top">
          You will be eligible for a one-time $50,000 Sign-On Bonus, minus
          applicable State and Federal taxes. Payment of Sign-On Bonus
          requires signature on attached Sign-On Bonus Agreement
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          &#160;
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          Benefits:
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        <td style="text-align: left; width: 75%; padding-left: 0.0px" valign="top">
          You will be eligible for our full range of employee benefits
          including medical, dental, vision, life, disability, and 401(k). You
          will also earn four (4) weeks of vacation per year. A summary of our
          benefit program is attached.
        </td>
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        <div style="text-align: left">

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        </div>
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    <p style="text-align: justify">
      <font style="font-size: 10pt">This offer is pending acceptable reference
      qualification and background verification.&#160;&#160;In addition, IDT requires
      each candidate for employment to submit to a drug test which will be
      administered through an independent laboratory.&#160;&#160;Your employment is
      contingent upon you successfully passing a pre-employment drug screen.</font>
    </p>
    <p style="text-align: justify">
      <font style="font-size: 10pt">On your start date, you agree to execute
      IDT&#8217;s standard form of Employee Confidentiality and Invention Agreement,
      providing for protection of IDT&#8217;s proprietary information and trade
      secrets.</font>
    </p>
    <p style="text-align: justify">
      <font style="font-size: 10pt">Employment with IDT is at the mutual
      consent of the employee and IDT.&#160;&#160;Accordingly, you and IDT retain the
      right to terminate the employment relationship at will, at any time,
      with or without cause.&#160;&#160;Please understand that no representative of IDT
      other than the Chief Executive Officer has the authority to make any
      contrary agreement or representation, and that such agreement made by
      the Chief Executive Officer must be in writing and signed by you and the
      Chief Executive Officer.</font>
    </p>
    <p style="text-align: justify">
      <font style="font-size: 10pt">In order to comply with the Immigration
      Reform and Control Act of 1986, this offer is contingent upon you
      providing proof of eligibility to work in the United States.&#160;&#160;Be
      prepared to supply the original documents containing this information on
      your start date.</font>
    </p>
    <p style="text-align: justify">
      <font style="font-size: 10pt">This letter contains a complete statement
      of all the arrangements between you and IDT with respect to your
      employment by IDT, this letter supersedes all prior and existing
      negotiations and agreements between us concerning your employment, and
      can only be changed or modified pursuant to a written instrument duly
      executed by each of the parties hereto.</font>
    </p>
    <p style="text-align: justify">
      <font style="font-size: 10pt">Because of the responsibilities associated
      with this position, it is essential that our office receive your
      decision by </font><font style="font-size: 10pt"><b>September 16, 2008</b></font><font style="font-size: 10pt">.&#160;&#160;At
      that time we will discuss your availability date and reporting
      procedures.&#160;&#160;Your target start date is </font><font style="font-size: 10pt"><b>Monday,
      October 20, 2008</b></font><font style="font-size: 10pt">.</font>
    </p>
    <p style="text-align: justify">
      <font style="font-size: 10pt">Should you wish to discuss this offer or
      inform us of your decision regarding this offer, please call me at </font><font style="font-size: 10pt"><b>(408)
      284-8401</b></font><font style="font-size: 10pt">.</font><font style="font-size: 10pt"><b>&#160;&#160;</b></font><font style="font-size: 10pt">I
      am confident that you can expect a challenging and rewarding career as a
      member of our company.&#160;&#160;We look forward to your acceptance of our offer.</font>
    </p>
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    </p>
    <p style="text-align: justify">
      <font style="font-size: 10pt">Sincerely,</font>
    </p>
    <p style="text-align: justify">
      <u><font style="font-size: 10pt">/s/ Theodore L. Tewksbury III</font></u><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt">Theodore
      L. Tewksbury III</font><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt">President
      and Chief Executive Officer</font>
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    <p style="text-align: justify">

    </p>
    <p style="text-align: justify; white-space: nowrap">
      <u><font style="font-size: 10pt">/s/ Richard D. Crowley, Jr.</font></u><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt">Candidate
      Signature of Acceptance</font>
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      <u><font style="font-size: 10pt">September 15, 2008</font></u><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt">Date</font>
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          2
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      <font style="font-size: 10pt">Attachments:</font><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt">Benefits
      Summary</font><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt">Change
      of Control Agreement</font><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt">Indemnification
      Agreement</font><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt">Employee
      Confidentiality and Invention Agreement</font>
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      <font style="font-size: 10pt">3</font>
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