Document:

Exhibit 4.9

 

 

 

SERVICE AGREEMENT

 

 

 

between

 

Renesola
Deutschland GmbH

LyonerStraße
15, 60528 Frankfurt am Main, represented by its shareholders, these

represented by MrXianshouLi on the basis of power of attorney

 

(“Company”)

 

and

 

[                                                          ]

 

(“[Title]”)

 

Company and [Title] hereinafter collectively referred to as the “Parties” and each a “Party”.

 

Whereas

 

		(A)	[Title]  has
been appointed [Title] of the Company before.

 

		(B)	The
service agreement in existence so far shall now fully terminate and be replaced by this service agreement effective                         (“Effective
Date”).

 

NOW THEREFORE, in consideration of the recitals herein contained, which form a full and integral part of this Agreement, the Parties hereby agree and covenant as follows:

 

		1.	Service
Agreement

 

		1.1.	Appointment
as [Title]: [Title] continues to be appointed  [Title]
of the Company.

 

		1.2.	Place
of Office: [Title] has its office at the respective seat of the Company, currently Frankfurt
am Main.

 

		1.3.	Management
of the Company: [Title] shall conduct the Company’s business in accordance with
applicable law, the company’s Articles of Association and shareholder resolution as amended over time, the provisions of
this Service Agreement, any applicable management rules of procedure as amended over time and in accordance with directives given
by the Shareholder Meeting.

 

    	- 1 -

    	 

    

 

Need for Approval: [Title] requires the explicit prior consent of the Shareholder Meeting, or of the representatives of the Shareholder Meeting appointed for that purpose, for any and all transactions and measures that exceed the ordinary course of business of the Company. This shall include in particular (but not be limited to):

 

a) the divestiture, closure, establishment, setting up, split up or merger of a shop, a branch or a business unit (or a substantial part of any of the aforementioned) of the Company or of an Affiliated Company;

 

b) the divestiture or the encumbrance of an enterprise, or any interest in such enterprise, of the Company or an Affiliated Company;  

 

c) the acquisition of an enterprise or any interest in any enterprise;  

 

d) the acquisition, divestiture or encumbrance of any real estate or rights in any real estate;  

 

e) the assumption of any suretyships or guarantees of any kind;  

 

f) the utilization or granting of loans or securities of any kind which exceed US$5,000.00 and are not in the ordinary course of business;  

 

g) the conclusion, amendment or termination of contracts that burden the Company or any Affiliated Company;  

 

h) the hiring, the termination, the promotion, the amendment of terms and conditions of service or employment, of any employees, freelancers or other independent service providers;  

 

i) the conclusion, the termination or the amendment of any contract of service with commercial agents or distributors;  

 

j) the granting or revocation of any full power of attorney and commercial power of attorney;  

 

k) the granting or the termination of any mandate to any lawyer, tax lawyer or accounting firm.  

 

The requirement of explicit prior approval extends to any obligation to enter into any of the transactions referred to in lit. a) through k).  

 

The above list of transactions and measures requiring explicit prior approval can at any time be extended or restricted by resolution of the Shareholder Meeting.

 

		1.4.	European
Projects: [Title] will also be responsible for the full execution of the power plant projects
in Europe, from project development to commercial operations and closeout. He will in particular manage the business development,
project evaluations, design, permitting, procurement, implementation and closeout of solar power plant projects in Europe.

 

		1.5.	Devotion
of entire working capacity: [Title] shall devote its entire working capacity to the Company
and shall promote the Company’s interest to the best of its abilities. To the extent required by the Company’s welfare,
[Title] shall be available to the Company beyond the business hours.

 

		1.6.	Other
Activities: [Title] shall devote his entire working capacity and professional knowledge
and expertise exclusively to the Company. Acceptance of any other paid or unpaid secondary employment including, but not limited
to, any appointment as member of a supervisory board, advisory board or similar body shall only be permissible if the prior written
consent of the Advisory Board is given.

 

		1.7.	Assumption
of additional Offices: At the request of the Shareholder Meeting, [Title] shall without
any additional remuneration assume management board, supervisory board or similar offices in companies which are, in the meaning
of § 15 et seq. German Stock Corporation Act, affiliated with the Company (“Affiliated Companies”) and functions
in associations and organizations in which the Company is a member. Upon request of the Shareholder Meeting, [Title]
shall resign from any office and function or activity accepted in the interests of the Company or any Affiliated Company
and he shall use his best efforts that the persons nominated by the Company or the Affiliated Company shall succeed him in the
offices and functions or activities.

 

    	- 2 -

    	 

    

 

		1.8.	Non-competition:
[Title] agrees, for the term of his service relation, not to enter into any business transactions,
neither on his own behalf or on behalf of third parties, in any area in which the Company or any Affiliated Company is active.
Furthermore, [Title] is prohibited from directly or indirectly establishing, purchasing or
participating in a company that is in competition with or has substantial commercial relations to the Company or any Affiliated
Company. Holdings of up to 1% in publicly listed companies are not considered as such participation.

 

		1.9.	Inventions
etc.: Inventions by [Title]  shall be handled in accordance with the applicable
provisions of the German Employee Invention Act (GesetzüberArbeitnehmererfindungen). The Company has the exclusive
right to implement technical or organizational improvements proposed by the [Title] without
further remuneration.

 

		1.10.	Annual
Leave: [Title] shall be entitled to 30 working days of paid vacation per year. Saturdays,
Sundays and public holidays at the seat of the Company are not working days. The timing of each vacation period shall be agreed
upon with any other  [Title](s) of the Company timely in advance and in consideration
of the Company’s business interests. [Title] not obliged to be accessible on short notice
during his vacation time unless it is to be expected that certain decisions must be taken during the vacation time by him. If
the vacation cannot be fully taken in a certain calendar year, such vacation time shall be credited to the following year. In
this case the vacation shall be taken in the first quarter of the next calendar year; after the first quarter of such next calendar
year entitlement to the respective vacation shall expire, unless taking of the vacation was not possible due to urgent business
matters.

 

		2.	Remuneration

 

		2.1.	Compensation:
As compensation for his services, [Title] shall receive

 

(a)
a fixed annual salary in the gross amount of EUR                            
payable in 12 equal installments at the end of each month and

 

The Company will review the fixed annual salary in regular intervals. 

 

		2.2.	Company
Car: For the time of his appointment, the Company shall provide [Title] with a company
car for official and private use. Any taxes payable on such benefit in kind granted in the form of private use of the company
car shall be borne exclusively by [Title].

 

		2.3.	Full
Compensation: The fixed annual salary provided in sec.2.1 (a) above shall cover all rights to compensation for the performance
of duties, including overtime hours and hours worked on Sundays and holidays.

 

		2.4.	Absence
from Work: Should [Title] be temporarily unable to attend work due to illness, he shall
continue to receive remuneration as specified in provided in sec.2.1 (a) above (fixed salary) less sickness benefits for the shorter
of a six month period or the remainder of the term of this Service Agreement.

 

		2.5.	Death
in Service: Should [Title] die during the period of the service relation, his surviving
spouse and the children of his marriage under 25 years of age or still in their education, shall enjoy a joint right to receive
the salary stipulated in sec.2.1 (a) above (fixed salary) for the month of the death and the subsequent three months.

 

    	- 3 -

    	 

    

 

		2.6.	Reimbursement
of Expenses: [Title] is entitled to have costs incurred during the fulfillment of his
management functions and duties fully reimbursed. [Title] shall comply with the applicable
travel guidelines of the Company.

 

		3.	Confidentiality

 

		3.1.	Confidentiality
during the Service relation: During the term of this Agreement, [Title] shall keep strictly
confidential all information regarding the business or special matters of the Company and shall not use such information for its
own or any third party’s benefit. This obligation of confidentiality shall in particular apply with regard to strategic
plans of the Company or Affiliated Companies as well as transactions intended or entered into by the Company or Affiliated Companies,
all information regarding products and product development/-planning, pricing, customer, supplier and other relationships, contracts,
marketing strategies, plans or analysis regarding market potential and investment opportunities, information on sales, earnings,
performance, financing, fund raising plans or activities, personnel and personnel planning of the Company and Affiliated Companies.
[Title] shall in particular be obliged to maintain confidentiality regarding the content of
this Agreement and its negotiation.

 

		3.2.	Confidentiality
after Termination of Service: [Title]’s duty of confidentiality according to sec.
3.1 above shall survive termination of this Agreement without limitation in time.

 

		3.3.	Compensation
of Losses: In case [Title] breaches its confidentiality duty pursuant to clauses 3.1 or
3.2, [Title] shall compensate any and all losses incurred by the Company arising thereof.

 

		4.	Insurance

 

		4.1.	The
Company will provide [Title] with coverage of an insurance policy for [Title]
(D&O Insurance) as it determines to be reasonable, including a deductible.

 

		5.	Term,
Termination, Compensation, Revocation from Office etc

 

		5.1.	Indefinite Term and Automatic Termination upon reaching
Normal Retirement Age: This Agreement is effective as of the Effective Date and is concluded for an indefinite period of time.
The Agreement terminates, though, without notice being necessary, at the end of the month in which [Title]
reaches the regular age limit in the statutory pension insurance.

 

		5.2.	This agreement can be terminated with six month notice,
and the termination date will respectively be June 30 and December 31 of every year.

 

Compensation in case of Normal Notice by Company: If the Company terminates this Agreement by normal notice pursuant to this clause 5.3, first sentence, [Title] is entitled to receive at the end of the service relation a gross compensation in the amount of           % of 1/12th of his then current fixed annual salary pursuant to Section 2.1 (a) of this Agreement for each completed year of service from his commencement of service date 10 January 2012 until the end of the service relation (“Compensation”), subject to [Title] having signed (and delivered to the Company) a termination of service agreement prepared by the Company within three weeks after having received the termination of service agreement from the Company. The termination of service agreement will, inter alia, stipulate that [Title]’s service relation terminates due to the normal notice of the Company as intended and that [Title] will not be entitled to receive any bonus neither for the year in which the Company has given notice nor for the year in which the service relation terminates.

 

    	- 4 -

    	 

    

 

		5.3.	Notice
for Cause: The service relation may be terminated by either Party without observance of the notice period due to good cause
if facts exist based on which the Party giving notice for cause cannot be expected, taking into consideration all circumstances
of the case and balancing the interests of both Parties, to continue the service relation until expiration of the notice period
(§ 626 German Civil Code). “Good cause” exists also where [Title] breaches
either any of the approval requirements pursuant to clause 1.3 above (or any approval requirements in any resolution of the Shareholder
Meeting) or his confidentiality obligation pursuant to clause 3 above.

 

		5.4.	Written
Notice: Any notice of termination of the service relation must be made in writing.

 

		5.5.	Revocation
from Office: The Company’s Shareholder Meeting may decide to revoke [Title]’s
appointment as [Title] at any point in time.

 

		5.6.	Garden
Leave: After revocation from office, the Company shall be entitled to release (freistellen) [Title]
from his service obligations established hereunder. During the time of the release of obligations (Freistellung)
Section 615 sentence 2 of the German Civil Code applies mutatis mutandis.

 

		5.7.	Return
of Property etc: After a revocation from office, [Title] shall return to the Company all
work and business documents including electronically saved data as well as his own notes and copies, which concern issues of the
Company or Affiliated Companies immediately and without waiting for a request. This also applies to all of the Company’s
belongings that are in the possession of [Title], especially to keys to the business premises
of the Company, company cars and keys to this, mobile telephones, computers, notebooks, CDs and other hardware etc. [Title]
forfeits all rights to such data and to the above mentioned objects upon termination of this Agreement.

 

Any right of retention regarding the aforementioned items shall be excluded.

 

		6.	Termination
of any and all prior service agreements

 

		6.1.	With
effect as of the expiry of the day immediately preceding the Effective Date, any and all agreements relating to the service relation
of the Parties will terminate.

 

		7.	Miscellaneous

 

		7.1.	In
the event that any provisions hereof are ineffective or incomplete or will lose their validity at a later date, the effectiveness
of the remaining provisions shall not be affected thereby. The invalid provision shall be replaced or any gap shall be filled
with a reasonable provision that comes closest to what the contracting parties intended in setting their economic goals or would
have intended if they were aware of the invalidity or the gap in the provisions.

 

		7.2.	Any
ancillary agreements and amendments to this Service Agreement must be made in writing. The same shall apply to any modification
of the present requirement as to written form.

 

		7.3.	This
Service Agreement shall be governed by the laws of Germany. Exclusive Place of Jurisdiction shall be the seat of the Company.
In view of the language capabilities of the individuals signing this Agreement, it is agreed that the English text of this Agreement
is the controlling version and that the German text is a non-binding translation.

 

    	- 5 -

    	 

    

 

Place, Date / Ort, Datum _______________

 

Renesola
Deutschland GmbH 

 

____________________________ 

 

Represented by the Shareholders, these represented by Mr. Xianshou Li

 

 

 

Place, Date / Ort, Datum                

 

[         ] 

 

____________________________ 

 

 

    	- 6 -Exhibit 4.10

 

ReneSola
America Inc.

 

AND

 

	 	[                      ]	 

 

	 	[Title] of ReneSola America	 

 

    	 

    	 

    

 

THIS AGREEMENT IS MADE ON

 

BETWEEN

 

		(A)	ReneSola America Inc., whose correspondence address is Suite No. 850, 301 Howard Street,
San Francisco, California, 94105 (The “Company”),

 

			and

 

		(B)	___________, whose passport number
                                         is ___________ and correspondence address is _____________________ (the “Employee”).

 

IT IS AGREED that the Company shall
employ the Employee on the following terms and conditions:

 

		1	Start Date; At-Will Employment

 

Your employment with the Company shall
commence on __________________. Your employment is of no set duration.

 

		2	Position and Location of Work

 

		2.1	The Employee shall be employed as [Title] of ReneSola America .During his employment,
the Employee shall not engage in any part-time job, directly or indirectly take part in any commercial activities similar to the
business activities which the Company or any [Identify companies that are intended to be a Group Company] (“Group
Company”) engages in or is going to engage in, including, but not limited to, being employed by a company which competes
with the Company or any Group Company, engaging in consulting or other business activities in conflict with the Company’s
or any Group Company’s business, or providing technical information, technical parameters and trade secrets etc to any company
which competes or is likely to compete with the Company or any Group Company.

 

		2.2	The Employee’s normal place of
                                         work shall be at ___________, although the Employee is expected to travel abroad from
                                         time to time if the Company’s business requires. The Company may also send the
                                         Employee to work at the offices of other Group Companies. Any adjustment to the Employee’s
                                         duties and responsibilities and related benefits package shall be confirmed in writing
                                         by the parties.

 

		2.3	The Employee’s procedures, duties and responsibilities, including, without limitation, authorization,
contents, procedures and methods of work shall be determined by the Duty Statement issued by the Company. Before receiving such
Duty Statement, the Employee shall comply with the Company’s internal rules and regulations and the requirements of senior
management in charge.

 

		2.4	The Employee shall fulfill the assigned work in accordance with the Company’s specifications
in terms of quality, quantity and time limits. The Company shall be entitled to assign the Employee other tasks of a temporary
nature during working hours. The Employee shall accept and fulfill the assigned jobs to the best of his abilities or to a level
which exceeds the expected commercial purpose.

 

    	 

    	 

    

 

		3	Working Hours and Vacation

 

		3.1	The Employee’s normal working hours shall be between _____ and _____daily. The Employee
may be required to attend the office or to be available to perform his duties outside these hours.

 

		3.2	The Employee shall be entitled to _______days’ paid annual leave in every annual leave
year (being 1 January to 31 December every year).

 

		3.3	Paid leave may be granted with the Company’s permission in accordance with the Company’s
rules and regulations and applicable laws and regulations.

 

		4	Overtime Work and Business Trips

 

		4.1	The Employee may be required to work overtime from time to time based on the reasonable requirements
of the Company.

 

		4.2	The Employee may be required to conduct business trips to other locations outside __________
from time to time.

 

		4.3	The Employee shall be entitled to the reimbursement of business trip expenses according to relevant
policy of the Company.

 

		5	Compensation

 

		5.1	The Company shall pay the Employee during his employment a base salary of US dollar $__________per
month.

 

		5.2	The salary will be paid monthly at the tenth day of each month and, if authorized by the Employee,
such payment shall be deposited directly into a bank account designated by the Employee.

 

		5.3	The Company shall pay the Employee a sign-on bonus of _____-month base salary regarding
his on-board date before ____________. This bonus shall be divided by ______ and separately paid with the first _________
months base salary.

 

		5.4	Standard monthly salary and bonus defined in Sections 5.1 and 5.3 are amounts before tax. Individual
income tax will be withheld by the Company in accordance with applicable federal, state and local laws and regulations.

 

		6	Labor Discipline

 

		6.1	The Employee shall comply with all applicable laws and regulations.

 

		6.2	The Employee shall read, fully understand and comply with the Employee Manual and other work rules,
work procedures and confidentiality requirements of the Company.

 

		6.3	The Employee shall not use any facilities of the Company to do anything harmful to the Company,
including without limitation, search or read unauthorized material belonging to the Company or spread rumors in contravention of
relevant laws, regulations and the Company’s reputation. During work hours, the Employee shall not search, send, release,
spread or do anything not related to work through computers, telephones or other facilities.

 

    	 

    	 

    

 

		6.4	The Company shall have right to inspect, guide and examine the performance of the Employee. If
the Employee does not comply with labor discipline, the Company has the right to take disciplinary action or terminate this Contract
unilaterally.

 

		6.5	The Employee shall comply with anti-corruption legislation where relevant.

 

		7	At-Will Employment; Termination

 

		7.1	The Employee and the Company understand and acknowledge that Employee’s employment with the
Company constitutes “at-will” employment, which means that this employment relationship may be terminated at any time,
with or without good cause or notice or for any or no cause, at the option of either the Company or Employee.

 

		7.2	On termination the Employee shall, at the request of the Board, immediately resign from any office
held by him in the Company or any Group Company and, in the event of his failure to do so, the Company is irrevocably authorised
to appoint some person in his name and on his behalf to sign and deliver such resignations to the Board.

 

		7.3	The Employee’s final paycheck will include all of the Employee’s accrued but unpaid
wages and accrued but unused vacation. The Employee will receive Employee’s final paycheck within the time required by law.
If the Employee provides at least seventy-two (72) hours advance written notice, the Employee will be provided with the Employee’s
final paycheck on the Employee’s last day of employment. If the Employee resigns without providing at least seventy-two (72)
hours advance written notice, the Employee will receive the Employee’s final paycheck within seventy-two (72) hours of the
Employee’s resignation.

 

		8	Obligations on Termination

 

		8.1	On termination of his employment with the Company, the Employee shall:

 

		(i)	deliver up to the Company all Confidential Information of the Company or any Group Company (including
copies) and other property belonging to the Company or any Group Company which may be in his possession or under his power or control
and having forwarded a copy to the Company, irretrievably delete any and all Confidential Information of the Company or of any
Group Company, from any computer drives, disks, tapes in the Employee’s possession or under the Employee’s control.

 

		(ii)	deliver up to the Company all property belonging to the Company including, without limitation,
customer name cards, technical materials, financial statements and any other originals, copies and/or duplicates.

 

    	 

    	 

    

 

		8.2	The Employee undertakes that without the Company’s written permission, he will not disclose
or make use of any of the Company’s Confidential Information, including without limitation, business correspondence, operation,
personnel, technical information, business plan, personnel information, financial information, know-how, technical knowhow, procedures
which were acquired by the Employee from the Company or during the Employee’s employment. Confidential Information includes
information which is specifically defined as confidential by the Company or judged by the Employee to be confidential (irregardless
of whether the Employee acquires that Confidential Information from a third party, the Employee shall not disclose or make use
of that information where there is evidence that the information comes from the Company).

 

		9	Work-related Intellectual Property

 

		9.1	Both parties agree that, during the employment, the title to all research, development, invention
and design (hereinafter referred to as “Work-related Intellectual Property”), which is made or conceived by
the Employee through mainly using material and technical resources of the Company or for carrying out the Employee’s duties
and responsibilities, shall be owned by the Company. The Company shall be entitled to use or transfer such Work-related Intellectual
Property freely without the Employee’s consent. The Employee shall provide all necessary information or assistance as requested
by the Company during application, registration and filing procedures to assist the Company to acquire and enjoy the Work-related
Intellectual Property.

 

		9.2	The Employee shall retain moral rights over the Work-related Intellectual Property. The Company
shall respect the personal rights of the Employee and assist him in enjoying such rights.

 

		9.3	If the Employee wishes to claim that any work made or conceived during the course of employment
should not be deemed “Work-related Intellectual Property”, he should notify the Company forthwith. The Employee is
free to exploit the Work-related Intellectual Property after the Company’s verification. Otherwise, the Employee shall not
use or transfer such Work-related Intellectual Property to any third party without the Company’s prior approval.

 

		9.4	If the Employee develops certain works during his employment but does not declare this to the Company,
or if the Company proves that the work should be treated as Work-related Intellectual Property despite the Employee’s declaration,
then such works shall be deemed to be Work-related Intellectual Property and the Company shall be entitled to use or transfer such
works to a third party freely. If the Company disagrees with the Employee’s declaration, the parties may resolve the dispute
through negotiation or arbitration.

 

		9.5	Upon the execution of this Agreement, the Employee shall disclose all patents, copyright, know-how
and/or other Confidential Information owned by him. The Employee hereby represents and warrants that, during the employment, he
would not use without permission any Confidential Information owned by other parties or do anything harmful to the Company or any
intellectual property owned by other parties.

 

		10	Dispute Resolution

 

		10.1	Any dispute between the Company and the Employee shall be settled through friendly consultation.
If consultation fails, the dispute shall be resolved through binding arbitration to the extent permitted by applicable laws and
regulations.

 

    	 

    	 

    

 

		10.2	Any arbitration of disputes relating to this Agreement, the validity, construction, performance
or enforcement of any provision of this Agreement or the Employee’s terms and conditions of employment (including, but not
limited to, the Employee’s compensation, working conditions and termination) will be conducted in the state of California
in accordance with the employment arbitration rules of the American Arbitration Association National Rules for the Resolution of
Employment disputes then in effect, which can be downloaded from the AAA’s website (www.adr.org), and the requirements of
Armendariz v. Foundation Health (2000), 24 Cal. 4th 83 as modified by state law from time to time. Each party
will bear one half of the cost of the arbitration filing and hearing fees, and the cost of the arbitrator. Each party will bear
its own attorneys’ fees, unless otherwise permitted by law and so determined by the arbitrator. The arbitration shall be
instead of any civil litigation. The arbitrator’s decision shall be final and binding to the fullest extent permitted by
law, and shall be enforceable by any court having jurisdiction thereof.

 

THE EMPLOYEE HAS READ AND UNDERSTANDS
SECTION 10 WHICH DISCUSSES ARBITRATION. THE EMPLOYEE UNDERSTANDS THAT BY SIGNING THIS AGREEMENT, THE EMPLOYEE AGREES, TO THE EXTENT
PERMITTED BY LAW, TO SUBMIT ANY FUTURE CLAIMS ARISING OUT OF, RELATING TO, OR IN CONNECTION WITH THIS AGREEMENT, OR THE INTERPRETATION,
VALIDITY, CONSTRUCTION, PERFORMANCE, BREACH OR TERMINATION OF THIS AGREEMENT TO BINDING ARBITRATION AND THAT THIS ARBITRATION CLAUSE
CONSTITUTES A WAIVER OF EMPLOYEE’S RIGHT TO A JURY TRIAL AND RELATES TO THE RESOLUTION OF ALL DISPUTES RELATING TO ALL ASPECTS
OF THE EMPLOYER/EMPLOYEE RELATIONSHIP.

 

		11	Miscellaneous

 

		11.1	This Agreement can be signed in counterparts which, when executed, shall form one agreement.

 

		11.2	No modification or amendment of this Agreement shall be effective or enforceable unless it is in
writing and duly executed by both parties.

 

		11.3	This Agreement is governed by and shall be construed in accordance with and governed in all respects
by, the internal laws of the state of California (without giving effect to principles of conflicts of laws).

 

		11.4	If there are conflicts between this
                                         Agreement and the Offer dated _____________, the provision of this Agreement shall prevail.

 

[No text below]

 

    	 

    	 

    

 

[Signing Page]

 

	 	 
	SIGNED by Mr.Li Xianshou	 
	for on behalf of the Company	 
	 	 
	 	 
	 	 
	SIGNED by [                 ]

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