OHIO DEPARTMENT OF DEVELOPMENT
Exhibit 4.16
OHIO DEPARTMENT OF DEVELOPMENT
Xxx Xxxx | Xxxxx Xxxxxxx | |
Governor | Director |
June 5, 2006
Xx. Xxxxx Xxxxxxxxxx
First Solar
00000 Xxxxx Xxxx Xxxx.
Perrysburg, Ohio 43551
First Solar
00000 Xxxxx Xxxx Xxxx.
Perrysburg, Ohio 43551
RE: | Modification of a certain covenant contained in the Loan Agreement between the Director of Development of the State of Ohio, (the Director) and First Solar, LLC dated December 1, 2003 (Loan Agreement). |
Dear Xx. Xxxxxxxxxx:
The Ohio Department of Development (ODOD) has reviewed First Solar, LLC’s (the “Company”) April 26,
2006 request to modify Section 5.4 e (i) of the Loan Agreement requiring the Company to submit an
annual audited report to ODOD within ninety (90) days of the end of each of the Company’s fiscal
periods. ODOD has approved this request for the fiscal period ending December 31, 2005. The
Company must submit the annual audited report for this fiscal period by September 1, 2006.
Please note this modification applies only for the above referenced Section of the Loan Agreement
and is only valid for the fiscal year ending December 31, 2005. Any further modifications to the
requirements of the Loan Agreement must be submitted to ODOD in writing and will be considered on
the request’s individual merits.
If you have any questions regarding this matter, please contact Xxxxxxx Xxxxxxx of my staff at
(000) 000-0000.
Sincerely,
/s/ Xxxxx Xxxxxxx
Lt. Governor Xxxxx Xxxxxxx
Director
Lt. Governor Xxxxx Xxxxxxx
Director
BJ/ws
00 X. Xxxx Xx., X.X. Box 1001, Columbus, Ohio 43216-1001 (000) 000-0000