Common Contracts

DANIEL S. SHUGAR AMENDED AND RESTATED EMPLOYMENT AGREEMENT

Employment Agreement • March 3rd, 2008 • Sunpower Corp • Semiconductors & related devices • California

• Contract Type
  Employment Agreement
• Filed
  March 3rd, 2008
• Company
  Sunpower Corp
• Industry
  Semiconductors & related devices
• Jurisdiction
  California

This Agreement amends and restates the employment agreement entered into as of November 1, 2005 (the “Effective Date”) by and between PowerLight Corporation, a California corporation (the “Company”) and Daniel S. Shugar (“Executive”) to reflect the proposed acquisition of the Company by SunPower Corporation, a Delaware corporation (“SunPower”) and merger (the “Merger”) of the Company with and into Pluto Acquisition Corporation LLC, a Delaware LLC (“PowerLight LLC”) pursuant to the Agreement and Plan of Merger dated November 15, 2006 among the Company, SunPower, PowerLight LLC and Thomas L. Dinwoodie as Shareholders’ Representative. This Agreement as amended and restated shall be effective as of one business day following the date the Merger is consummated (the “Amendment Date”), and if the Merger does not occur such amendments shall be without effect. After the Amendment Date, all references to the Company shall be to PowerLight LLC.

BRUCE R. LEDESMA AMENDED AND RESTATED EMPLOYMENT AGREEMENT

Employment Agreement • January 17th, 2007 • Sunpower Corp • Semiconductors & related devices • California

• Contract Type
  Employment Agreement
• Filed
  January 17th, 2007
• Company
  Sunpower Corp
• Industry
  Semiconductors & related devices
• Jurisdiction
  California

This Agreement amends and restates the employment agreement entered into as of November 1, 2005 (the “Effective Date”) by and between PowerLight Corporation, a California corporation (the “Company”) and Bruce R. Ledesma (“Executive”) to reflect the proposed acquisition of the Company by SunPower Corporation, a Delaware corporation (“SunPower”) and merger (the “Merger”) of the Company with and into Pluto Acquisition Corporation LLC, a Delaware LLC (“PowerLight LLC”) pursuant to the Agreement and Plan of Merger dated November 15, 2006 among the Company, SunPower, PowerLight LLC and Thomas L. Dinwoodie as Shareholders’ Representative. This Agreement as amended and restated shall be effective as of one business day following the date the Merger is consummated (the “Amendment Date”), and if the Merger does not occur such amendments shall be without effect. After the Amendment Date, all references to the Company shall be to PowerLight LLC.

THOMAS L. DINWOODIE AMENDED AND RESTATED EMPLOYMENT AGREEMENT

Employment Agreement • January 17th, 2007 • Sunpower Corp • Semiconductors & related devices • California

• Contract Type
  Employment Agreement
• Filed
  January 17th, 2007
• Company
  Sunpower Corp
• Industry
  Semiconductors & related devices
• Jurisdiction
  California

This Agreement amends and restates the employment agreement entered into as of November 1, 2005 (the “Effective Date”) by and between PowerLight Corporation, a California corporation (the “Company”) and Thomas L. Dinwoodie (“Executive”) to reflect the proposed acquisition of the Company by SunPower Corporation, a Delaware corporation (“SunPower”) and merger (the “Merger”) of the Company with and into Pluto Acquisition LLC, a Delaware LLC (“PowerLight LLC”) pursuant to the Agreement and Plan of Merger dated November 15, 2006 among the Company, SunPower, PowerLight LLC and Thomas L. Dinwoodie as Shareholders’ Representative. This Agreement as amended and restated shall be effective as of one business day following the date the Merger is consummated (the “Amendment Date”), and if the Merger does not occur such amendments shall be without effect. After the Amendment Date, all references to the Company shall be to PowerLight LLC.

HOWARD J. WENGER AMENDED AND RESTATED EMPLOYMENT AGREEMENT

Employment Agreement • January 17th, 2007 • Sunpower Corp • Semiconductors & related devices • California

• Contract Type
  Employment Agreement
• Filed
  January 17th, 2007
• Company
  Sunpower Corp
• Industry
  Semiconductors & related devices
• Jurisdiction
  California

This Agreement amends and restates the employment agreement entered into as of November 1, 2005 (the “Effective Date”) by and between PowerLight Corporation, a California corporation (the “Company”) and Howard J. Wenger (“Executive”) to reflect the proposed acquisition of the Company by SunPower Corporation, a Delaware corporation (“SunPower”) and merger (the “Merger”) of the Company with and into Pluto Acquisition Corporation LLC, a Delaware LLC (“PowerLight LLC”) pursuant to the Agreement and Plan of Merger dated November 15, 2006 among the Company, SunPower, PowerLight LLC and Thomas L. Dinwoodie as Shareholders’ Representative (the “Merger Agreement”). This Agreement as amended and restated shall be effective as of one business day following the date the Merger is consummated (the “Amendment Date”), and if the Merger does not occur such amendments shall be without effect. After the Amendment Date, all references to the Company shall be to PowerLight LLC.