EXHIBIT 10.62
MODIFICATION
TO TEAMING AGREEMENT
(EXTENSION OF TERM)
This Modification to the Teaming Agreement ("Agreement") originally entered
into between GENERAL ATOMICS ("GA") and SATCON TECHNOLOGY, INC. ("SatCon")
with an effective date of February 20, 2003 extends the term of the
Agreement, as it is therein defined, as follows:
In order to meet the objectives contained in the Agreement, GA and
SatCon desire that the three-year term of the Agreement be extended to five
years (until February 20, 2008). All other terms and conditions of the
Agreement remain unchanged.
IN WITNESS WHEREOF, the parties have caused this modification to the
Agreement to be executed in duplicate to be effective as of the later date of
signature below.
GENERAL ATOMICS SATCON APPLIED TECHNOLOGY, INC.
BY: /s/ Xxxxx X. Xxxxxxx BY: /s/ Xxxxxx X. Xxxxxx
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TITLE: Senior Vice President TITLE: V.P. and General Manager
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DATE: October 4, 2003 DATE: September 25, 2003
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