**CONTRACT      OF MANDATE**

|                         1. | Position :                Operational and strategic advice to SES                SA |
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|                         2. | Starting                date :                October 1, 2006 |
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|                         3. | Responsibilities: |
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| -   | Advise                SES as to the progress of the business and strategic                options |
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| -   | Guide                SES in its long-term business                development |
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| -   | Ensure                the solar engineering projects of                SES |
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| -   | Reports                to: the Board of Directors |
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| 4.   | Place                of work:                SES as needed |
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| 5.   | Work                week:                minimum 40 hours/week of an experienced high level technical photovoltaic                consultant shall be assigned as a minimum to                SES |
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| 6.   | Time                schedule:                free, time sheet by business to be filled out once per week (list                of                businesses                defined with general management of SES, to be complied                with) |
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| 7.   | Insurances:                not included, to be taken out by                Flannel |
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|                         8. | Pension                fund:                a                contribution by SES shall be defined after 3 months of work                latest |
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|                         9. | Fees: |
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|                       10. | Overtime:                unpaid, except with a special agreement to be determined on a case                by case                basis. |
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|                       11. | Direct                expenses:                Direct expenses (tied to a project or a client) or indirect expenses                 (authorized                prospecting) shall be reimbursed the month following the monthly                settlement  with                submittal of evidence. |
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|          12. | Duration                of contract:                10 years minimum, renewable with a 2 month                notice. |
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|                       13. | Indemnities                in case of early cancellation:                1                year of fees for                each year cancelled. |
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|                       14. | Notice                of breaking of contract:                just motives, according to CO. |
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|                       15. | Non-competing                clause:                Flannel sarl shall not accept mandates pertaining to the same  field                in which SES is active for the full duration of the contractual relations                with SES. |
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|                       16. | Confidentiality:                required for all business and documents and towards outside                relations |
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|                       17. | Training:                if the progress of the business permits or requires it, and according                to                needs,  SES                may absorb the cost of seminars and training that are given outside                the                company. |
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|                       18. | Other                conditions:                Code of Swiss Obligations (mandate) |
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