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Exhibit 10.11    
    

Execution Copy  

 
 

CONFIDENTIALITY AND NON-COMPETITION AGREEMENT    
    

        THIS AGREEMENT is made as of December 30, 2005 between GT Equipment Technologies, Inc., a Delaware corporation (the "Company"), and Howard Smith
("Executive"). 

        The
Company and Executive desire to enter into an agreement (i) defining the relative rights of the Company and Executive with respect to Intellectual Property (as defined below)
owned by the Company or its customers or clients to which Executive may have access or may contribute as a result of Executive's employment with the Company and (ii) setting forth the
obligation of Executive to refrain from competing with the Company during his employment with the Company and for a period of time thereafter as provided herein. 

        The
execution and delivery of this Agreement by the Company and Executive is a condition to the merger of Glow Merger Corporation with and into the Company pursuant to the Agreement and
Plan of Merger, dated December 8, 2005, by and among GT Holdings, LLC, Glow Merger Corporation, the Company and the other parties thereto. 

        NOW,
THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
Company and Executive hereby agree as follows: 

        1.    Nondisclosure and Nonuse of Confidential Information.    

        (a)   Executive
shall not disclose or use at any time, either during his employment with the Company or thereafter, any Confidential Information (as defined below) of which
Executive is or becomes aware, whether or not such information is developed by him, except to the extent that such disclosure or use is directly related to and required by Executive's performance of
duties assigned to Executive by the Company. Executive shall take all appropriate steps to safeguard Confidential Information and to protect it against disclosure, misuse, espionage, loss and theft. 

        (b)   As
used in this Agreement, the term "Confidential Information" means information that is not generally known to the public and that is used, developed or obtained by the
Company in connection with its business, including but not limited to (i) products or services, (ii) fees, costs and pricing structures, (iii) designs, (iv) analysis,
(v) drawings, photographs and reports, (vi) computer software, including operating systems, applications and program listings, (vii) flow charts, manuals and documentation,
(viii) data bases, (ix) accounting and business methods, (x) inventions, devices, new developments, methods and processes, whether patentable or unpatentable and whether or not
reduced to practice, (xi) customers and clients and customer or client lists, (xii) copyrightable works, (xiii) all technology and trade secrets, and (xiv) all similar and
related information in whatever form. Confidential Information shall not include any information that has been published in a form generally available to the public prior to the date Executive
proposes to disclose or use such information. Information shall not be deemed to have been published merely because individual portions of the information have been separately published, but only if
all material features comprising such information have been published in combination. 

        2.    The Company's Ownership of Intellectual Property.    In the event that Executive, as part of his activities on
behalf of the Company generates, authors or contributes to any invention, design, new development, device, product, method or process (whether or not patentable or reduced to practice or comprising
Confidential Information), any copyrightable work (whether or not comprising Confidential Information) or any other form of Confidential Information relating directly or indirectly to the Company's
business as now or hereinafter conducted (collectively, "Intellectual Property"), Executive acknowledges that such Intellectual Property is the exclusive property of the Company and hereby assigns all
right, title and interest in and to such Intellectual Property to the Company. Any copyrightable work prepared in whole or in part by Executive will be deemed "a work made for hire" 

 

under
Section 201(b) of the 1976 Copyright Act, and the Company shall own all of the rights comprised in the copyright therein. Executive shall promptly and fully disclose all Intellectual
Property developed by Executive to the Company and shall cooperate with the Company to protect the Company's interests in and rights to such Intellectual Property (including, without limitation,
providing reasonable assistance in securing patent protection and copyright registrations at the Company's expense, and executing all documents as reasonably requested by the Company, whether such
requests occur prior to or after termination of Executive's employment with the Company). 

        3.    Delivery of Materials Upon Termination of Employment.    As requested by the Company from time to time and upon
the termination of Executive's employment with the Company for any reason, Executive shall promptly deliver to the Company all copies and embodiments, in whatever form, of all Confidential Information
and Intellectual Property in Executive's possession or within his control (including, but not limited to, written records, notes, photographs, manuals, notebooks, documentation, program listings, flow
charts, magnetic media, disks, diskettes, tapes and all other materials containing any Confidential Information or Intellectual Property) irrespective of the location or form of such material and, if
requested by the Company, shall provide the Company with written confirmation that all such materials have been delivered to the Company. 

        4.    Noncompetition.    Executive acknowledges and agrees with the Company that Executive's services to the Company
are unique in nature and that the Company would be irreparably damaged if Executive were to provide similar services to any person or entity competing with the Company or engaged in a similar
business. Executive accordingly covenants and agrees with the Company that during the period commencing with the date of this Agreement and ending on the later of (i) the second anniversary of
this Agreement and (ii) the first anniversary of the date of the termination of Executive's employment with the Company (the "Noncompetition Period"), Executive shall not, directly or
indirectly, either for himself or for any other individual, corporation, partnership, joint venture or other entity, participate in any business (including, without limitation, any division, group or
franchise of a larger organization) anywhere in the world which engages or which proposes to engage in the manufacture, design, assembly and sale of capital equipment and related services for the
solar power industries or any other business hereafter conducted by the Company but prior to Executive's termination (a "Competitor"). For purposes of this Agreement, the term "participate in" shall
include, without limitation, having any direct or indirect interest in any corporation, partnership, joint venture or other entity, whether as a sole proprietor, owner, stockholder, partner, joint
venturer, creditor or otherwise, or rendering any direct or indirect service or assistance to any individual, corporation, partnership, joint venture and other business entity (whether as a director,
officer, manager, supervisor, employee, agent, consultant or otherwise); provided, however, that notwithstanding the restrictions set forth in this Section 4, Executive may own, directly or
indirectly, solely as a passive investment, securities of any Competitor traded on any national securities exchange, provided that Executive is not a controlling person of, or a member of a group
which controls, such entity and does not, directly or indirectly, "beneficially own" (as defined in Rule 13d-3 of the Securities Exchange Act of 1934, as amended) five percent (5%)
or more of any class of securities of such Competitor. 

        5.    Nonsolicitation.    During the Noncompetition Period, Executive shall not (i) induce, encourage or
attempt to induce any employee of the Company to leave the employ of the Company, or in any way interfere with the relationship between the Company and any employee thereof, (ii) hire directly
or through another entity any person who was an employee of the Company at any time during the Noncompetition Period, or (iii) induce or attempt to induce any customer, supplier, licensee or
other business relation of the Company to cease doing business with the Company, or in any way interfere with the relationship between any such customer, supplier, licensee or business relation and
the Company (including, without limitation, making any negative statements or communications concerning the Company or any of its directors, officers, employees or affiliates). 

2

 

        6.    Notices.    Any notice provided for in this Agreement must be in writing and must be either personally
delivered, mailed by first class mail (postage prepaid and return receipt requested) or sent by reputable overnight courier service (charges prepaid) to the recipient at the address below indicated: 

To
the Company: 

c/o
GT Holdings, LLC

c/o GFI Energy Ventures, LLC

11611 San Vicente Blvd., Suite 710

Los Angeles, CA 90049

Attn:    Richard Landers

             Ian A. Schapiro

             Walid A. Gardezi

Facsimile:  (310) 442-0540 

With
copies to: 

Kirkland &
Ellis LLP

777 South Figueroa Street

Los Angeles, CA 90017

Attn:    John A. Weissenbach

             Damon R. Fisher

Facsimile:  (213) 680-8500 

To
Executive:

 

  

or
such other address or to the attention of such other person as the recipient party shall have specified by prior written notice to the sending party. Any notice under this Agreement shall be deemed
to have been given when so delivered or sent or, if mailed, five days after deposit in the U.S. mail. 

        7.    General Provisions.    

        (a)    Company Subsidiaries.    For purposes of Sections 1, 2, 3, 4, 5 and 7(b) and (c) of this Agreement, the
term "Company" shall include all subsidiaries of the Company. 

        (b)    Not an Employment Agreement.    Executive and the Company acknowledge and agree that this Agreement is not
intended and should not be construed to grant Executive any right to continued employment with the Company or to otherwise define the terms of Executive's employment with the Company. 

        (c)    Absence of Conflicting Agreements.    Executive hereby warrants and covenants that (i) his employment by
the Company and his execution, delivery and performance of this Agreement do not and shall not result in a breach of the terms, conditions or provisions of any agreement, instrument, order, judgment
or decree to which Executive is subject, (ii) Executive is not a party to or bound by any employment agreement, noncompete agreement or confidentiality agreement with any other person or entity
and (iii) upon the execution and delivery of this Agreement by the Company, this Agreement shall be the valid and binding obligation of Executive, enforceable in accordance with its terms. 

        (d)    Severability.    Whenever possible, each provision of this Agreement shall be interpreted in such manner as to
be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction,
such invalidity, illegality or unenforceability shall not affect any other 

3

 

provision
or any other jurisdiction, and this Agreement shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained
herein. The parties agree that a court of competent jurisdiction making a determination of the invalidity or unenforceability of any term or provision of Section 5 of this Agreement shall have
the power to reduce the scope, duration or area of any such term or provision, to delete specific words or phrases or to replace any invalid or unenforceable term or provision in Section 5 with
a term or provision that is valid and enforceable and that comes closest to expressing the intention of the invalid or unenforceable term or provision, and this Agreement shall be enforceable as so
modified. 

        (e)    Complete Agreement.    This Agreement, those documents expressly referred to herein and other documents of even
date herewith embody the complete agreement and understanding among the parties and supersede and preempt any prior understandings, agreements or representations by or among the parties, written or
oral, which may have related to the subject matter hereof in any way. 

        (f)    Counterparts.    This Agreement may be executed in separate counterparts, each of which is deemed to be an
original and all of which taken together constitute one and the same agreement. 

        (g)    Successors and Assigns.    Except as otherwise provided herein, this Agreement shall bind and inure to the
benefit of and be enforceable by the Company and Executive and their respective successors and assigns; provided that the rights and obligations of Executive under this Agreement may not be assigned
or delegated without the prior written consent of the Company. 

        (h)    Choice of Law.    All questions concerning the construction, validity, enforcement and
interpretation of this Agreement and the exhibits hereto shall be governed by the internal law, and not the law of conflicts, of the State of Delaware.

        (i)    Remedies.    Each of the parties to this Agreement shall be entitled to enforce its rights under this Agreement
specifically, to recover damages and costs (including reasonable attorneys fees) caused by any breach of any provision of this Agreement and to exercise all other rights existing in its favor. The
parties hereto agree and acknowledge that Executive's breach of any term or provision of this Agreement shall materially and irreparably harm the Company, that money damages shall accordingly not be
an adequate remedy for any breach of the provisions of this Agreement by Executive and that the Company in its sole discretion and in addition to any other remedies it may have at law or in equity
shall be entitled to specific performance and/or other injunctive relief from any court of law or equity of competent jurisdiction in order to enforce or prevent any violations of the provisions of
this Agreement (without posting any bond or deposit). 

        (j)    Amendment and Waiver.    The provisions of this Agreement may be amended and waived only with the prior written
consent of the Company and Executive. 

*
* * * * 

4

        IN
WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first written above. 

	 	 	GT EQUIPMENT TECHNOLOGIES, INC.
	

 	
 	

By	

/s/  RICHARD K. LANDERS      

	 	 	Name:	Richard Landers
	 	 	Its:	President
	

 	
 	

/s/  HOWARD T. SMITH      
 Howard Smith

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Exhibit 10.11

CONFIDENTIALITY AND NON-COMPETITION AGREEMENTQuickLinks
 -- Click here to rapidly navigate through this document

 
 

Exhibit 10.15    
    

Execution Copy  

 
 

CONFIDENTIALITY AND NON-COMPETITION AGREEMENT    
    

        THIS AGREEMENT is made as of December 30, 2005 between GT Equipment Technologies, Inc., a Delaware corporation (the "Company"), and Kedar P.
Gupta ("Executive"). 

        The
Company and Executive desire to enter into an agreement (i) defining the relative rights of the Company and Executive with respect to Intellectual Property (as defined below)
owned by the Company or its customers or clients to which Executive may have access or may contribute as a result of Executive's employment with the Company and (ii) setting forth the
obligation of Executive to refrain from competing with the Company during his employment with the Company and for a period of time thereafter as provided herein. 

        The
execution and delivery of this Agreement by the Company and Executive is a condition to the merger of Glow Merger Corporation with and into the Company pursuant to the Agreement and
Plan of Merger, dated December 8, 2005, by and among GT Holdings, LLC, Glow Merger Corporation, the Company and the other parties thereto. 

        NOW,
THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
Company and Executive hereby agree as follows: 

        1.    Nondisclosure and Nonuse of Confidential Information.    

        (a)   Executive
shall not disclose or use at any time, either during his employment with the Company or thereafter, any Confidential Information (as defined below) of which
Executive is or becomes aware, whether or not such information is developed by him, except to the extent that such disclosure or use is directly related to and required by Executive's performance of
duties assigned to Executive by the Company. Executive shall take all appropriate steps to safeguard Confidential Information and to protect it against disclosure, misuse, espionage, loss and theft. 

        (b)   As
used in this Agreement, the term "Confidential Information" means information that is not generally known to the public and that is used, developed or obtained by the
Company in connection with its business, including but not limited to (i) products or services, (ii) fees, costs and pricing structures, (iii) designs, (iv) analysis,
(v) drawings, photographs and reports, (vi) computer software, including operating systems, applications and program listings, (vii) flow charts, manuals and documentation,
(viii) data bases, (ix) accounting and business methods, (x) inventions, devices, new developments, methods and processes, whether patentable or unpatentable and whether or not
reduced to practice, (xi) customers and clients and customer or client lists, (xii) copyrightable works, (xiii) all technology and trade secrets, and (xiv) all similar and
related information in whatever form. Confidential Information shall not include any information that has been published in a form generally available to the public prior to the date Executive
proposes to disclose or use such information. Information shall not be deemed to have been published merely because individual portions of the information have been separately published, but only if
all material features comprising such information have been published in combination. 

        2.    The Company's Ownership of Intellectual Property.    In the event that Executive, as part of his activities on
behalf of the Company generates, authors or contributes to any invention, design, new development, device, product, method or process (whether or not patentable or reduced to practice or comprising
Confidential Information), any copyrightable work (whether or not comprising Confidential Information) or any other form of Confidential Information relating directly or indirectly to the Company's
business as now or hereinafter conducted (collectively, "Intellectual Property"), Executive acknowledges that such Intellectual Property is the exclusive property of the Company and hereby assigns all
right, title and interest in and to such Intellectual Property to the Company. Any 

 

copyrightable
work prepared in whole or in part by Executive will be deemed "a work made for hire" under Section 201(b) of the 1976 Copyright Act, and the Company shall own all of the rights
comprised in the copyright therein. Executive shall promptly and fully disclose all Intellectual Property developed by Executive to the Company and shall cooperate with the Company to protect the
Company's interests in and rights to such Intellectual Property (including, without limitation, providing reasonable assistance in securing patent protection and copyright registrations at the
Company's expense, and executing all documents as reasonably requested by the Company, whether such requests occur prior to or after termination of Executive's employment with the Company). 

        3.    Delivery of Materials Upon Termination of Employment.    As requested by the Company from time to time and upon
the termination of Executive's employment with the Company for any reason, Executive shall promptly deliver to the Company all copies and embodiments, in whatever form, of all Confidential Information
and Intellectual Property in Executive's possession or within his control (including, but not limited to, written records, notes, photographs, manuals, notebooks, documentation, program listings, flow
charts, magnetic media, disks, diskettes, tapes and all other materials containing any Confidential Information or Intellectual Property) irrespective of the location or form of such material and, if
requested by the Company, shall provide the Company with written confirmation that all such materials have been delivered to the Company. 

        4.    Noncompetition.    Executive acknowledges and agrees with the Company that Executive's services to the Company
are unique in nature and that the Company would be irreparably damaged if Executive were to provide similar services to any person or entity competing with the Company or engaged in a similar
business. Executive accordingly covenants and agrees with the Company that during the period commencing with the date of this Agreement and ending on the later of (i) the third anniversary of
this Agreement and (ii) the second anniversary of the date of the termination of Executive's employment with the Company (the "Noncompetition Period"), Executive shall not, directly or
indirectly, either for himself or for any other individual, corporation, partnership, joint venture or other entity, participate in any business (including, without limitation, any division, group or
franchise of a larger organization) anywhere in the world which engages or which proposes to engage in the manufacture, design, assembly and sale of capital equipment and related services for the
solar power industries or any other business hereafter conducted by the Company but prior to Executive's termination (a "Competitor"). For purposes of this Agreement, the term "participate in" shall
include, without limitation, having any direct or indirect interest in any corporation, partnership, joint venture or other entity, whether as a sole proprietor, owner, stockholder, partner, joint
venturer, creditor or otherwise, or rendering any direct or indirect service or assistance to any individual, corporation, partnership, joint venture and other business entity (whether as a director,
officer, manager, supervisor, employee, agent, consultant or otherwise); provided, however, that notwithstanding the restrictions set forth in this Section 4, Executive may own, directly or
indirectly, solely as a passive investment, securities of any Competitor traded on any national securities exchange, provided that Executive is not a controlling person of, or a member of a group
which controls, such entity and does not, directly or indirectly, "beneficially own" (as defined in Rule 13d-3 of the Securities Exchange Act of 1934, as amended) five percent (5%)
or more of any class of securities of such Competitor. 

        5.    Nonsolicitation.    During the Noncompetition Period, Executive shall not (i) induce, encourage or
attempt to induce any employee of the Company to leave the employ of the Company, or in any way interfere with the relationship between the Company and any employee thereof, (ii) hire directly
or through another entity any person who was an employee of the Company at any time during the Noncompetition Period, or (iii) induce or attempt to induce any customer, supplier, licensee or
other business relation of the Company to cease doing business with the Company, or in any way interfere with the relationship between any such customer, supplier, licensee or business relation and
the Company (including, without limitation, making any negative statements or communications concerning the Company or any of its directors, officers, employees or affiliates). 

2

 

        6.    Notices.    Any notice provided for in this Agreement must be in writing and must be either personally
delivered, mailed by first class mail (postage prepaid and return receipt requested) or sent by reputable overnight courier service (charges prepaid) to the recipient at the address below indicated: 

To
the Company: 

c/o
GT Holdings, LLC

c/o GFI Energy Ventures, LLC

11611 San Vicente Blvd., Suite 710

Los Angeles, CA 90049

Attn:  Richard Landers

           Ian A. Schapiro

           Walid A. Gardezi

Facsimile: (310) 442-0540 

With
copies to: 

Kirkland &
Ellis LLP

777 South Figueroa Street

Los Angeles, CA 90017

Attn: John A. Weissenbach

           Damon R. Fisher

Facsimile: (213) 680-8500 

To
Executive: 

   

    

or
such other address or to the attention of such other person as the recipient party shall have specified by prior written notice to the sending party. Any notice under this Agreement shall be deemed
to have been given when so delivered or sent or, if mailed, five days after deposit in the U.S. mail. 

        7.    General Provisions.    

        (a)    Company Subsidiaries.    For purposes of Sections 1, 2, 3, 4, 5 and 7(b) and (c) of this Agreement, the
term "Company" shall include all subsidiaries of the Company. 

        (b)    Not an Employment Agreement.    Executive and the Company acknowledge and agree that this Agreement is not
intended and should not be construed to grant Executive any right to continued employment with the Company or to otherwise define the terms of Executive's employment with the Company. 

        (c)    Absence of Conflicting Agreements.    Executive hereby warrants and covenants that (i) his employment by
the Company and his execution, delivery and performance of this Agreement do not and shall not result in a breach of the terms, conditions or provisions of any agreement, instrument, order, judgment
or decree to which Executive is subject, (ii) Executive is not a party to or bound by any employment agreement, noncompete agreement or confidentiality agreement with any other person or entity
and (iii) upon the execution and delivery of this Agreement by the Company, this Agreement shall be the valid and binding obligation of Executive, enforceable in accordance with its terms. 

        (d)    Severability.    Whenever possible, each provision of this Agreement shall be interpreted in such manner as to
be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction,
such invalidity, illegality or unenforceability shall not affect any other provision or any other jurisdiction, and this Agreement shall be reformed, construed and enforced in such jurisdiction as if
such invalid, illegal or unenforceable provision had never been contained 

3

 

herein.
The parties agree that a court of competent jurisdiction making a determination of the invalidity or unenforceability of any term or provision of Section 5 of this Agreement shall have
the power to reduce the scope, duration or area of any such term or provision, to delete specific words or phrases or to replace any invalid or unenforceable term or provision in Section 5 with
a term or provision that is valid and enforceable and that comes closest to expressing the intention of the invalid or unenforceable term or provision, and this Agreement shall be enforceable as so
modified. 

        (e)    Complete Agreement.    This Agreement, those documents expressly referred to herein and other documents of even
date herewith embody the complete agreement and understanding among the parties and supersede and preempt any prior understandings, agreements or representations by or among the parties, written or
oral, which may have related to the subject matter hereof in any way. 

        (f)    Counterparts.    This Agreement may be executed in separate counterparts, each of which is deemed to be an
original and all of which taken together constitute one and the same agreement. 

        (g)    Successors and Assigns.    Except as otherwise provided herein, this Agreement shall bind and inure to the
benefit of and be enforceable by the Company and Executive and their respective successors and assigns; provided that the rights and obligations of Executive under this Agreement may not be assigned
or delegated without the prior written consent of the Company. 

        (h)    Choice of Law.    All questions concerning the construction, validity, enforcement and
interpretation of this Agreement and the exhibits hereto shall be governed by the internal law, and not the law of conflicts, of the State of Delaware.

        (i)    Remedies.    Each of the parties to this Agreement shall be entitled to enforce its rights under this Agreement
specifically, to recover damages and costs (including reasonable attorneys fees) caused by any breach of any provision of this Agreement and to exercise all other rights existing in its favor. The
parties hereto agree and acknowledge that Executive's breach of any term or provision of this Agreement shall materially and irreparably harm the Company, that money damages shall accordingly not be
an adequate remedy for any breach of the provisions of this Agreement by Executive and that the Company in its sole discretion and in addition to any other remedies it may have at law or in equity
shall be entitled to specific performance and/or other injunctive relief from any court of law or equity of competent jurisdiction in order to enforce or prevent any violations of the provisions of
this Agreement (without posting any bond or deposit). 

        (j)    Amendment and Waiver.    The provisions of this Agreement may be amended and waived only with the prior written
consent of the Company and Executive. 

*
* * * * 

4

        IN
WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first written above. 

	 	 	GT EQUIPMENT TECHNOLOGIES, INC.
	

 	
 	

By	
 	

/s/  RICHARD K. LANDERS      

	 	 	Name:	 	Richard Landers
	 	 	Its:	 	President
	

 	
 	

/s/  KEDAR P. GUPTA      
 Kedar P. Gupta

[Signature Page for Gupta Confidentiality and Non-Competition Agreement]  

QuickLinks

Exhibit 10.15

CONFIDENTIALITY AND NON-COMPETITION AGREEMENT

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