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Exhibit 10.62
 
Amendment No. 2 to Supply Agreement
 
(SUNTECH CONTRACT NO. PUR1-0706092))
 
This Amendment No. 2 (this “Amendment”) is effective as of February 25, 2008, by
and between Hoku Materials, Inc., a Delaware corporation (“HOKU”), and Wuxi
Suntech Power Co., Ltd., a People’s Republic of China company (“SUNTECH”).  HOKU
and SUNTECH are each a “Party” and together the “Parties” to this Amendment No.
2.
 
Recitals
 
Whereas, HOKU and SUNTECH are Parties to that certain Supply Agreement (Suntech
Contract No. PUR1-0706092) dated as of June 13, 2007, as amended by that certain
Amendment No. 1 to Supply Agreement dated as of August 30, 2007 (together, the
“Supply Agreement”);
 
Whereas, the Parties desire to make certain amendments to the Supply Agreement
as hereinafter set forth; and
 
Whereas, each Party derives a benefit from the amendments set forth herein.
 
Now therefore, in consideration of the foregoing, and for other good and
valuable consideration, the receipt of which is hereby acknowledged by the
Parties, the Parties agree to amend the Supply Agreement as set forth below.
 
Agreement
 
1.         Definitions.  All capitalized terms not otherwise defined are defined
in the Supply Agreement.
 
 
2.         Amendment of Section 9.4 of the Supply Agreement.  Section 9.4 of the
Supply Agreement is hereby amended and restated in its entirety to read as
follows:
 
9.4 Without limiting either Party’s right to terminate this Agreement pursuant
to Section 9.1 and 9.2, HOKU and SUNTECH shall each have the right to terminate
this Agreement in the event that HOKU has, on or before May 31, 2008, failed to
complete the Initial Financing.

 
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IN WITNESS WHEREOF, the Parties have executed this Amendment No. 2 to Supply
Agreement as of the date first set forth above.
 
 
SUNTECH:
HOKU:
   
WUXI SUNTECH POWER CO., LTD.
HOKU MATERIALS, INC.
   
By:
/s/ Steven Chan
                     
By:
/s/ Dustin Shindo
     
Name:
Steven Chan
Name:
Dustin Shindo
   
Title:
Chief Strategy Officer
Title:
Chairman & CEO
Authorized Signatory
Authorized Signatory

 
 
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