Form of Performance Share Award Agreement Page 1 of 15 Participant: Grant Date: , 2008Performance Share Award Agreement • November 10th, 2008 • Energy Conversion Devices Inc • Semiconductors & related devices • Delaware
This Performance Share Award Agreement (“Agreement”), dated as of the Grant Date, is entered into by and between Energy Conversion Devices, Inc., a Delaware corporation (the “Company”), and the Participant under the Company’s 2006 Stock Incentive Plan (the “Plan”). The purpose of the performance share award is to reward key members of the management leadership team for their contributions to the success of the Company in achieving its long-term performance goals. In particular, the performance share award focuses on the achievement of specific nameplate capacity goals at acceptable levels of gross margin.
ENERGY CONVERSION DEVICES, INC. REVISED SEPARATION AGREEMENT AND COMPLETE RELEASE OF LIABILITYSeparation Agreement • November 10th, 2008 • Energy Conversion Devices Inc • Semiconductors & related devices • Michigan
