0000950123-06-012898 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • October 25th, 2006 • First Solar, Inc. • Semiconductors & related devices • Arizona

This Agreement is made as of this October 19, 2006, (this “Agreement”) by and between First Solar, Inc., a Delaware corporation having its principal office at 4050 East Cotton Center Boulevard, Building 6, Suite 68, Phoenix, Arizona 85040 (hereinafter “Employer”) and Michael J. Ahearn (hereinafter “Employee”).

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EMPLOYMENT AGREEMENT
Employment Agreement • October 25th, 2006 • First Solar, Inc. • Semiconductors & related devices • Delaware

This Agreement is made as of this 30th day of May, 2001, by and between FIRST SOLAR, LLC, a Delaware limited liability company having its principal office at 6720 North Scottsdale Road, Suite 355, Scottsdale, Arizona 85253 (hereinafter, together with its successors, “Employer”) and George A. (“Chip”) Hambro (hereinafter “Employee”).

EMPLOYMENT AGREEMENT
Employment Agreement • October 25th, 2006 • First Solar, Inc. • Semiconductors & related devices • Arizona

This Agreement is made as of this 1st day of November, 2002, by and between FIRST SOLAR, LLC, a Delaware limited liability company having its corporate office at 4050 E. Cotton Center Blvd., Building 6, Suite 68, Phoenix, Arizona 85040 (the “Company”) and Ken Schultz, an individual (“Employee”).

GUARANTY
Employment Agreement • October 25th, 2006 • First Solar, Inc. • Semiconductors & related devices

The undersigned hereby unconditionally guarantees the due and punctual payment by First Solar, LLC (“First Solar”) of any amounts that become payable to George A. (“Chip”) Hambro (hereinafter “Employee”) pursuant to Section 1.5(a), and only such Section, of the Employment Agreement between First Solar and Employee dated as of May 30, 2001 (as amended by the First Amendment to Employment Agreement (the “Amendment”) to which this Guaranty is attached, the “Employment Agreement”), subject to the following limitations. The undersigned’s obligation to pay any amounts to Employee pursuant to this Guaranty shall arise only if and to the extent that any such amounts become payable and are not first satisfied by First Solar. The undersigned’s obligation to pay any amounts to Employee pursuant to this Guaranty shall apply only to claims for payment upon the undersigned which arise and are asserted by December 31, 2007. The Guaranty shall expire with respect to claims arising or asserted after De

Contract
Control Severance Agreement • October 25th, 2006 • First Solar, Inc. • Semiconductors & related devices • Delaware

[FORM OF] CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) dated as of [•], between First Solar, Inc., a Delaware corporation (the “Company”), and [NAME] (the “Executive”).

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