Document:

Unassociated Document

    EXHIBIT
10.42

    

    SECOND
AMENDMENT AND LIMITED WAIVER TO LOAN AGREEMENT

     

    This
Second Amendment and Limited Waiver to Loan Agreement (this “Amendment”), dated
as  of December 28, 2009, is entered into by and among SunPower
Corporation, a Delaware corporation (“Borrower”), SunPower
Corporation, Systems, a Delaware corporation (“SCS”), and SunPower,
North America, LLC, a Delaware limited liability company (together with SCS,
collectively, the "Guarantors"), and
Union Bank, N.A. (“Lender”).

     

    BACKGROUND

     

    A.           Borrower
and Lender are parties to a certain Loan Agreement, dated as of April 17, 2009,
(as amended from time to time the “Loan Agreement”),
pursuant to which Lender has provided a term loan to Borrower.  Any
capitalized term not defined herein shall have the meanings ascribed thereto in
the     Loan Agreement.

     

    B.           To
induce Lender to extend credit to Borrower, each Guarantor executed and
delivered to Lender a Continuing Guaranty, dated April 17, 2009, guaranteeing
the payment and performance of Borrower's obligations to Lender (the “Guaranty”).

     

    C.           Borrow
publicly disclosed, in a press release issued on November 16, 2009, that the
financial statements of Borrower for its 2008 fiscal year and for the first
three fiscal quarters of its 2009 fiscal year contain certain accounting errors
related to expenses in the costs of goods sold relating to Borrower’s Philippine
manufacturing operations (the “Accounting
Errors”).

     

    D.           Bank
has notified Borrower and the Guarantors that Events of Default have
occurred  under: (a) Section 6.4 of the Loan Agreement due to the
representations and warranties set forth in     Section
3.7 of the Loan Agreement and the representations and warranties set forth in
paragraph (h) of the Compliance Certificates dated May 15, 2009, August 8, 2009
and November 9, 2009 (the “Subject Compliance
Certificates”) being misleading, false, untrue or incorrect in one or
more material respects when furnished, made or deemed made; and (b) Section 6.11
of the Loan Agreement due to the   Accounting Errors constituting
defaults or events of default under certain other contracts and instruments
(collectively, the “Existing
Defaults”).

     

    E.           Borrower
acknowledges that the Existing Defaults are not subject to being cured,
and   have not been waived or excused by Bank at any time or in
any manner.

     

    F.           Borrower
has requested that Lender amend certain provisions of the Loan Agreement and
agree to provide a limited waiver of the Existing Defaults, and, although Bank
is under no obligation to      do so, Bank is
willing to so amend the Loan Agreement and to grant such a waiver, in accordance
with      the terms, and subject to the
conditions, set forth herein.

     

     

    AGREEMENT

     

    The
parties to this Amendment, intending to be legally bound, hereby agree as
follows:

     

    1. Incorporation of
Recitals.  Each of the above recitals is incorporated herein as
true and correct and is relied upon by Lender in agreeing to the terms of this
Amendment.

     

    2. Representations and
Warranties of Borrower.  Borrower and each Guarantor
represents  and warrants, as of the date of this Amendment, for the
benefit of Bank that: (a) the representations and warranties set forth in the
Loan Agreement and the other Loan Documents are and remain true,
correct     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        
and
complete as of the date hereof (except to the extent such representations and
warranties (i) expressly refer to an earlier date, in which case they are true,
correct and complete as of such earlier date, (ii) are in accurate due to the
Accounting Errors, which inaccuracy is expressly addressed in this Amendment
or       (iii) refer to the absence of Events
of Default, in which case they are true, correct and complete as to the absence
of Events of Default other than the Existing Defaults), (b) the parties and
signatories hereto have the authority to execute this Amendment, (c) other than
the Existing Defaults, no event has occurred or failed to occur that is, or,
with notice or lapse of time or both would constitute, a default, an Event
of  Default, or a breach or failure of any condition under any Loan
Document, and (d) after giving effect to   this Amendment and the
waivers of the Existing Defaults, neither Borrower nor any Guarantor has any
offset, defense, counterclaim, dispute or disagreement of any kind or nature
whatsoever with respect to  their respective liabilities, obligations
and indebtedness arising under or in connection with any Loan
Documents.

    

     

    3. Limited
Waiver.  Subject to and on the terms and conditions set forth
herein, Bank     hereby waives the Existing Defaults;
provided however, that such
waiver: (a) applies only to the instance specified above and for the times
stated, (b) is not a waiver of any subsequent breach of the
same   provisions of the Loan Agreement or any other Loan
Document, (c) shall not extend or apply to, and
is      not a waiver of any breach of, any other
Event of Default (or any event which, with the giving of
notice,    the lapse of time or both, would constitute an
Event of Default (any of the foregoing a “Default”))
other  than the Existing Defaults, and (d) is not a waiver of any
Event of Default arising under Section 6.11 of     the
Loan Agreement arising due to the Accounting Errors, unless the defaults under
the affected     contract(s) or instrument(s) are
waived by the other party(ies) thereto on or before December 31, 2009
by    a Modification (as the term is defined in the Loan
Agreement as amended hereby) that does not:
(i)     contain terms that are determined by Bank to be
more restrictive or onerous than the terms contained in   this
Amendment and (ii) result in an Event of Default or Default.  Nothing
herein constitutes a waiver, amendment or forbearance of Borrower’s obligation
to pay the Obligations, as and when
due.  This     waiver is not a continuing
waiver with respect to any Event of Default or any obligation that
Borrower    may have under the Loan Agreement or the other
Loan Documents after the date hereof.  Except as expressly set forth
above, Bank does not waive any failure by Borrower to perform any obligation
under  the Loan Agreement or any other Loan
Document.  Except as expressly set forth above, this letter
shall     not operate as a waiver of, or as an
amendment of, any right, power, or remedy of Bank under the Loan Agreement or
any other Loan Document.  Bank reserves all of the rights, powers and
remedies available    to it under the Loan Documents and
applicable law, including the right to cease making advances to Borrower and to
accelerate any or all of Borrower's indebtedness if any subsequent breach of the
same provisions or any other provision of the Loan Agreement or any other Loan
Document should occur.     Bank is not obligated to
grant this or any other waiver.  Except for the waiver as expressly
set forth above, the Loan Agreement and each other Loan Document shall be and
remain in full force and effect in accordance with their respective
terms.

     

    4. Amendment to Loan
Agreement.

     

    
      	
              a.  

            	
              A
      new Section 4.19 is inserted into the Loan Agreement to read as
      follows:

            

    

     

    SECTION
4.19.                           Restated Financial
Statements.  On or before February 16, 2010, Borrower
shall:  (i) (A) file with the SEC restated financial statements for
all fiscal   periods impacted by the “Accounting Errors” (as that
term is defined in the Second Amendment and Limited Waiver to Loan Agreement
dated as of December 23, 2009, by and among Bank, Borrower and Guarantors (the
“Second Amendment”),
and/or (B) provide Bank a certificate addressed to Bank, duly executed and
delivered by the chief executive officer, president, chief financial officer,
treasurer or controller of Borrower, certifying in reasonable detail the basis
upon which Borrower has concluded that the

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     financial
statements for any or all of such fiscal periods do not require restatement;
and     (ii) provide to Bank a certificate addressed to
Bank, duly executed and delivered by the chief executive officer, president,
chief financial officer, treasurer or controller of Borrower, certifying that to
the best of Borrower’s knowledge after due inquiry, that the Accounting Errors
have not resulted in any Events of Default other than the Existing Defaults (as
that term is defined in the Second Amendment).

     

    b.      A
new Section 5.11 is inserted into the Loan Agreement to read as
follows:

     

    5.11                 Modifications of Permitted
Indebtedness.  Borrower shall not amend, supplement or
otherwise modify (or permit any of the foregoing) or request or agree
to   any consent or waiver under (any of the foregoing, a “Modification”) any evidence of
Permitted Indebtedness without the prior written consent of Bank, except to the
extent    that such Modification of Permitted Indebtedness
does not result and could not    reasonably be expected to
result in an Event of Default or any event which, with
the   giving of notice, the lapse of time or both, would
constitute an Event of Default.

     

    5. Conditions
Precedent.  Borrower and each Guarantor understand that this
Amendment shall not be effective and the consent provided by Bank hereunder
shall have no force or effect until each   of the following
conditions precedent has been satisfied, or waived in writing by Bank (in Bnak's
sole discretion):

     

    
      	
              a.  

            	
              Borrower
      and each Guarantor shall have executed and delivered to Bank this
      Amendment;

            

    

     

    
      	
              b.  

            	
              The
      representations and warranties of Borrower and each Guarantor under the
      Loan Agreement, the Guaranty and this Amendment, as applicable, shall be
      true and    correct as of the date hereof (except to
      the extent such representations and warranties  (i) expressly
      refer to an earlier date, in which case they are true, correct and
      complete as of such earlier date, (ii) are inaccurate due to the
      Accounting Errors, which inaccuracy is expressly addressed by this
      Amendment or (iii) refer to the absence of Events of Default, in which
      case they are true, correct and complete as to the absence of Events of
      Default other than the Existing Defaults);
and

            

    

     

    
      	
              c.  

            	
              Bank
      shall have received in immediately available funds, all out-of-pocket
      costs and expenses (including reasonable attorneys’ fees and costs)
      incurred by Bank in connection with the Existing Defaults, this Amendment
      and the transactions contemplated hereby and invoiced to Borrower prior to
      the date on which this Amendment is otherwise to become effective;
      provided that the failure to invoice any such amounts to Borrower prior to
      such date shall not preclude Bank from seeking reimbursement of such
      amounts, or excuse Borrower from paying or
      reimbursing   such amounts, following the effective date of
      this Amendment.

            

    

     

    6. Confirmation of
Guaranty. Each Guarantor ratifies and reaffirms its obligations under the
Guaranty and each and every term, condition, and provision of the
Guaranty.  Each Guarantor further represents and warrants that it has
no defenses or claims against Bank that would or might affect the enforceability
of the Guaranty and that the Guaranty remains in full force and
effect.

     

    7. Ratification and
Confirmation of Loan Documents.  Except as expressly set forth
herein, this Amendment shall not alter, modify, amend, or in any way affect any
of the terms, conditions, obligations, covenants, or agreements contained in the
Loan Agreement.  The Loan Agreement (as 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        
amended
hereby), all promissory notes, guaranties, security agreements, and all other
instruments, documents and agreements entered into in connection with the Loan
Agreement and each other Loan Document shall be and remain in full force and
effect in accordance with their respective terms
and     hereby are ratified and confirmed by Borrower
in all respects.  Nothing contained in this
Amendment     shall be construed to imply a willingness
on the part of Bank to grant any similar or other future
waivers     or to agree to any future amendments or
modifications to any of the terms and conditions of the Loan Agreement or the
other Loan Documents or shall in any way prejudice, impair or effect any rights
or remedies of the Bank under the Loan Agreement or the other Loan Documents,
except insofar as they    arise solely due to the Existing
Defaults.  Except as expressly set forth herein with respect to the
Existing Defaults,
the execution, delivery, and performance of this Amendment shall not operate as
a waiver of, or  as an amendment of, any right, power, or remedy of
Bank under the Agreement, as in effect prior to the   date
hereof.  Without limiting the generality of the foregoing, Bank
expressly reserves all of its rights and remedies with respect to any other
violations resulting from the Accounting Errors, including
violations     of financial covenants under the Loan
Agreement that may result.  Nothing in this Amendment shall constitute
a satisfaction of Borrower’s or any Guarantor’s Obligations.

    

     

    8. Miscellaneous.  Borrower
and each Guarantor acknowledges and agrees that the representations and
warranties set forth herein are material inducements to Bank to deliver
this  Amendment.  This Amendment shall be binding upon and
inure to the benefit of and be enforceable by     the
parties hereto, and their respective permitted successors and
assigns.  This Amendment and the Loan Agreement shall be read together
as one document.  No course of dealing on the part of Bank or
its     officers, nor any failure or delay in the
exercise of any right by Bank, shall operate as a waiver
thereof,     and any single or partial exercise of any
such right shall not preclude any later exercise of any such
right.  Bank’s failure at any time to require strict performance by
Borrower of any provision shall not affect any right of Bank thereafter to
demand strict compliance and performance.  Any suspension or waiver of
a   right must be in writing signed by an officer of
Bank.  Where any provisions of the Loan Agreement amended by this
Amendment appear in a promissory note tied to the Loan Agreement, the
same    provisions in said promissory note shall be deemed
likewise amended.  No other person or entity shall be entitled to
claim any right or benefit hereunder, including, without limitation, the status
of a third party beneficiary hereunder.  This Amendment shall be
governed by and construed in accordance with the laws  of the State of
California without reference to conflicts of law rules.  If any
provision of this Amendment   or any of the other Loan Documents
shall be determined by a court of competent jurisdiction to
be       invalid, illegal or unenforceable,
that portion shall be deemed severed therefrom, and the remaining parts shall
remain in full force as though the invalid, illegal or unenforceable portion had
never been a part thereof.  This Amendment may be executed in any
number of counterparts, including by electronic or facsimile transmission, each
of which when so delivered shall be deemed an original, but all such
counterparts taken together shall constitute but one and the same
instrument.

     

    [Remainder of page intentionally left
blank]

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    IN
WITNESS WHEREOF, Borrower, Guarantors and Lender have caused this Amendment to
be executed as of the date first written above.

     

    

    
      	
              SUNPOWER
      CORPORATION

               

               

               

              By: /s/ Dennis
      Arriola                                                                

              Name:                      Dennis
      Arriola

              Title:           SVP
      & CFO

            	
              UNION
      BANK, N.A.

               

               

               

              By: /s/ J. William
      Bloore                                                      

              Name:           J.
      William Bloore

              Title:           Vice
      President

               

            
	
              SUNPOWER
      CORPORATION, SYSTEMS

               

               

               

              By: /s/ Dennis
      Arriola                                                                

              Name:                      Dennis
      Arriola

              Title:           SVP
      & CFO

            	 
      
	
               

               

              SUNPOWER
      NORTH AMERICA, LLC

              By:
      SunPower Corporation, its sole member

               

               

              By: /s/ Dennis
      Arriola                                                                

              Name:                      Dennis
      Arriola

              Title:           SVP
      & CFOUnassociated Document

    EXHIBIT
10.50

     

    
      	

              
                CONFIDENTIAL
      TREATMENT REQUESTED

                --

              

              
                CONFIDENTIAL
      PORTIONS OF THIS DOCUMENT HAVE BEEN REDACTED AND HAVE BEEN SEPARATELY
      FILED WITH THE SECURITIES AND EXCHANGE
  COMMISSION

              

            

    

     

    
      
      

    

    

    SECOND
AMENDMENT

    TO
THE SUPPLY AGREEMENT DATED JUNE 30, 2006

    

    This
SECOND AMENDMENT TO THE SUPPLY
AGREEMENT (this “Second
Amendment”) is made and entered into on this 30th day of September, 2009
by and between:

     
 

    
      	
               
      

            	
                   OCI Company Ltd., f/k/a
      DC Chemical Co., Ltd., a corporation organized under the laws of the
      Republic of Korea, having its registered office at OCI Building, 50,
      Sogong-Dong, Jung-Gu, Seoul, 100-718, Korea (hereinafter referred to as
      “OCI”);
      and

            

    

    

    SunPower Philippines Manufacturing,
Ltd., a company organized under the laws of the Cayman Islands with a
branch office and registered office at #100 East Main Street, Special Export
Processing Zone, Laguna Techno Park, Binan Laguna, Philippines (hereinafter
referred to as “SunPower”).

    

    OCI and
SunPower may be referred to individually as “Party” and collectively as
“Parties.”

    

    WITNESSETH:

    

    WHEREAS, OCI and SunPower are
Parties to a certain Supply Agreement dated June 30, 2006, as amended by
Amendment No. 1 to the Supply Agreement dated September 22, 2006 (collectively,
the “Supply Agreement”);
and

    

    WHEREAS, the Parties have
agreed to make certain changes in the terms and conditions of the Supply
Agreement; and

    

    WHEREAS, the Parties seek to
memorialize the terms of their agreement by this writing.

    

    NOW, THEREFORE, in
consideration of the mutual promises and covenants hereinafter, it is agreed
between the Parties as follows:

    

    
      	
              1.

            	
              All
      of the capitalized terms not expressly defined in this Second Amendment
      shall have the meanings ascribed to such terms in the Supply Agreement, as
      such terms may be amended in this Second
  Amendment.

            

    

    

    
      	
              2.  

            	
              The
      following provisions of the Supply Agreement shall be amended by this
      Second Amendment:

            

    

    

    a. The
following definitions contained in Article 1, DEFINITIONS,
shall be amended as follows:

    

    
      	
              (i)  

            	
              The
      following new definitions are hereby added in their correct alphabetical
      placement:

            

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    “Advance Payment
Credit” has the meaning ascribed to it in Section
4.1.2.

    

    
      	
              (ii)  

            	
              “Facility”
      means OCI’s plant (Phases I and II) in Goonsan, Korea that manufactures
      the Product.

            

    

    

    
      	
              (iii)  

            	
              “Product”
      means polycrystalline silicon manufactured by OCI at the Facility and that
      conforms to the Specifications.

            

    

    

    
      	
              b.  

            	
              The
      following definitions contained in Article 1, DEFINITIONS,
      shall be deleted in their entirety:

            

    

    

    
      	
              (i)  

            	
              The
      definition for “Annual
      Credit Ceiling” is hereby deleted in its
  entirety.

            

    

    

    
      	
              (ii)  

            	
              The
      definition for “Surplus”
      is hereby deleted in its entirety.

            

    

    

    
      	
              (iii)  

            	
              The
      definition for “Surplus
      Threshold” is hereby deleted in its
  entirety.

            

    

    

    
      	
              (iv)  

            	
              The
      definition for “Initial
      Term” is hereby deleted in its
entirety.

            

    

    

    
      	
              (v)  

            	
              The
      definition for “Renewal
      Term” is hereby deleted in its
entirety.

            

    

    

    
      	
              c.  

            	
              Section
      2.1 is hereby amended by deleting such Section in its entirety and
      replacing it with the following:

            

    

    

    
      	
               
      

            	
              2.1

            	
              Facility
      Construction. Subject to receipt of the Advance Payment in full by
      OCI pursuant to Section 4.1,
      OCI shall exert its commercially reasonable efforts to complete the
      construction of the Facility.

            

    

    

    The
Parties acknowledge and agree that the Facility has been constructed as of the
date of this Second Amendment.

    

    
      	
              d.  

            	
              Section
      3.1 (Quantity and Price of Product) is hereby amended by deleting such
      Section in its entirety and replacing it with the
    following:

            

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              3.1  

            	
                   Quantity and Price of
      Product.  Subject to Section 4.2,
      OCI hereby agree to sell and deliver to SunPower, and SunPower hereby
      agrees to purchase and receive from OCI, the Product under the following
      terms and conditions:

            

    

    

    
      	
              Calendar Year

            	
              “Agreed Quantity”

            	
              Price

            
	
              From
      January to June of 2008

            	
              ***kgs

            	
              US$***/kg

            
	
              From
      July to December of 2008

            	
              ***kgs

            	
              US$***/kg

            
	
              From
      January to August of 2009

            	
              ***kgs

            	
              US$***/kg

            
	
              From
      September to December of 2009

            	
              ***kgs

            	
              US$***/kg

            
	
              2010

            	
              ***kgs

            	
              US$***/kg

            
	
              2011

            	
              ***kgs

            	
              US$***/kg

            
	
              Total

            	
              ***kgs

            	 
      

    

    

    
      	
              e.  

            	
              Section
      3.3 (Surplus
      Product) is hereby deleted in its entirety and Section 3.4 (Disposition of Product
      Sold) shall be renumbered as Section
3.3.

            

    

    

    
      	
              f.  

            	
              Section
      4.1.2 (Deduction) is
      hereby amended by deleting such Section in its entirety and replacing it
      with the following:

            

    

    

    
      	
              4.1.2  

            	
              Advance Payment
      Credit.  The Parties agree that the Advance Payment shall
      be credited against the Product Deliveries and shall be calculated as
      follows (the “Advance
      Payment Credit”):

            

    

    

    
      	
              Calendar
      Year

            	
              Agreed
      Quantity

            	
              Advance
      Payment Credit per kg.

            	
              Aggregate
      Advance Payment Credit for the Applicable Period

            
	
              From
      January to June of 2008

            	
              ***kgs

            	
              US$***/kg

            	
              US$***

            
	
              From
      July to December of 2008

            	
              ***kgs

            	
              US$***/kg

            	
              US$***

            
	
              From
      January to July of 2009

            	
              ***kgs

            	
              US$***/kg

            	
              US$***

            
	
              August
      2009

            	
              ***kgs

            	
              US$***/kg

            	
              US$***

            
	
              From
      September to December of 2009

            	
              ***kgs

            	
              US$***/kg

            	
              US$***

            
	
              2010

            	
              ***kgs

            	
              US$***/kg

            	
              US$***

            
	
              2011

            	
              ***kgs

            	
              US$***/kg

            	
              US$***

            
	
              Total

            	
              ***kgs

            	 
      	
              US$***

            

    

    

    ***
CONFIDENTIAL MATERIAL REDACTED AND SEPARATELY FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              g.  

            	
              Section
      4.1.3 (Security) is
      hereby deleted in its entirety.

            

    

    

    
      	
              h.  

            	
              The
      Price Change formula for metallurgical silicon in Section 4.2.1 is hereby
      amended as follows:

            

    

    

    Price
Change for metallurgical silicon = [(1.45 Metallurgical Silicon Ton) /
(Polysilicon Ton)] x [Price Change / Metallurgical Silicon Ton]

    

    
      	
              i.  

            	
              Section
      6.3 (Advance
      Payment Set Off) is hereby deleted in its entirety and Section 6.4
      (Taxes)
      shall be renumbered as Section 6.3.

            

    

    

    
      	
              j.  

            	
              Section
      7.3 (Quality
      Control Inspection) is hereby amended by deleting such Section in
      its entirety and replacing it with the
  following:

            

    

    

    
      	
               
      

            	
              7.3

            	
              Quality
      Meeting.  In the event that SunPower provides written
      evidence to the reasonable satisfaction of OCI that there is a quality
      issue with respect to the Product, then the Parties agree to promptly hold
      a technical meeting in a good faith effort to resolve the
      issue.

            

    

    

    
      	
              k.  

            	
              Section
      10.1 (Term) is hereby
      amended by deleting such Section in its entirety and replacing it with the
      following:

            

    

    

    
      	
               
      

            	
              10.1

            	
              Term.  This
      Agreement shall commence upon the Effective Date and shall remain in full
      force until December 31, 2011, unless earlier terminated pursuant to
      Section 10.2 below.

            

    

    

    
      	
              l.  

            	
              Schedule
      1 to the Supply Agreement is hereby amended as set forth in the new
      Schedule 1 attached hereto.

            

    

    

    
      	
              3.  

            	
              Agreed Quantity for
      2008

            

    

    

    The
Agreed Quantity (as defined in the Supply Agreement) for the year 2008 shall be
approximately *** metric tons.

    

    
      	
              4.  

            	
              Effective Date of
      Second Amendment

            

    

    

    This
Second Amendment shall become effective upon its execution by the
Parties.

    

    
      	
              5.  

            	
              Miscellaneous

            

    

    

    ***
CONFIDENTIAL MATERIAL REDACTED AND SEPARATELY FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              a.  

            	
              Amendment
      Only.  This is an amendment only to the Supply Agreement
      and not a new supply agreement.  All of the remaining terms and
      conditions of the Supply Agreement shall remain in full force and effect
      unless specifically modified
herein.

            

    

    
      	
              b.  

            	
              Severability.
      If any term, condition or provision(s) of this Second Amendment is held to
      be unenforceable for any reason, it shall be interpreted rather than
      voided, in order to achieve the intent of the Parties to this Second
      Amendment to the extent possible.  In any event, all other
      terms, conditions and provisions of this Second Amendment shall be deemed
      valid and enforceable to the full
extent.

            

    

    
      	
              c.  

            	
              Amendment.  No
      modification, alteration, addition or change in the terms hereof shall be
      binding on the Parties unless it is reduced to writing in the English
      language and signed by duly authorized representatives of each of the
      Parties hereto.

            

    

    
      	
              d.  

            	
              Assignment.  Except
      as specifically provided in this Second Amendment, neither of the Parties
      shall assign, in whole or in part, its rights, duties or obligations under
      this Second Amendment without the other Party’s prior written
      consent.

            

    

    
      	
              e.  

            	
              Waiver.  The
      waiver or failure of either of the Parties to exercise any right in any
      respect provided for herein shall not be deemed a waiver of any further
      right hereunder.

            

    

    
      	
              f.  

            	
              Counterparts.  This
      Second Amendment may be executed in several counterparts, all of which
      taken together shall constitute one single agreement between the Parties
      hereto.

            

    

    
      	
              g.  

            	
              Entire
      Agreement. This Second Amendment, including any and all appendices
      or annexes attached hereto, constitutes the entire agreement and
      understanding between the Parties and supersedes and cancels all previous
      writings, understandings, agreements and commitments, either oral or
      written, among the Parties on the subject of this Second
      Amendment.

            

    

    
      	
              h.  

            	
              Conflict with Supply
      Agreement.  If any term, condition or provision of this
      Second Amendment is inconsistent or conflicts with any term, condition or
      provision of the Supply Agreement, the term, condition or provision of
      this Second Amendment shall govern to the extent of such inconsistency or
      conflict.

            

    

    

    

    IN WITNESS THEREOF, the duly
authorized representatives of the Parties hereto have executed and delivered two
(2) copies of this Second Amendment as of the date first above written, with
each Party retaining a copy thereof.

    
      
        
          MK MTN

        

         

      

      
         

        
          

        

      

      
         

      

    

    

     

    

    
      
        	 OCI Company
      Ltd. 	 	 	 SunPower Philippines
      Manufacturing, Ltd.	 
	
                /s/Min Kyu
      Lim

              	 	 	
                /s/
      Marty
      Neese

              	 
	
                Name: 
      Min Kyu Lim 

              	 	 	
                Name: 
      Marty Neese 

              	 
	
                Title: 
      Executive Vice President

              	 	 	
                Title: 
      Chief Operating Officer

                           SunPower
      Corporation

              	 

      

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    Schedule
1

    

    Specifications

    

    

    
      	
              Species

            	
              Maximum
      Concentration

            
	
              Donor(Phosphorus)

            	
              5ppba

            
	
              Acceptor(Boron)

            	
              1ppba

            
	
              Carbon

            	
              0.5ppma

            

    

    

    
      	
              Bulk
      Metals(Total)

            	
              Maximum
      Concentration

            
	
              Fe,
      Cu, Ni, Cr, Zn, Na

            	
              15ppbw

            

    

    

    
      	
              Surface
      Metals

            	
              Maximum
      Concentration

            
	
              Fe

            	
              10ppbw

            
	
              Cr

            	
              2ppbw

            
	
              Ni

            	
              2ppbw

            
	
              Na

            	
              15ppbw

            
	
              Zn

            	
              4ppbw

            
	
              Al

            	
              10ppbw

            
	
              Cu

            	
              2ppbw

            
	
              K

            	
              10ppbw

            

    

    

    

    
      	
              Product
      Size

            	
               

              5 ~
      150mm Max 100%

            

    

    

    Product
is packed in a virgin polyethylene (no additives) bag with a net weight of 5kg
+/-

    0.5%. A
double bag system is used to be compatible with clean room
requirements

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}]]