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                                                                    EXHIBIT 10.1

                   YINGLI GREEN ENERGY HOLDING COMPANY LIMITED
                            2006 STOCK INCENTIVE PLAN

1.   PURPOSE OF THE PLAN

     The purpose of the Plan is to aid the Company and its Affiliates in
recruiting and retaining key employees, directors or consultants of outstanding
ability and to motivate such employees, directors or consultants to exert their
best efforts on behalf of the Company and its Affiliates by providing incentives
through the granting of Awards. The Company expects that it will benefit from
the added interest which such key employees, directors or consultants will have
in the welfare of the Company as a result of their proprietary interest in the
Company's success.

2.   DEFINITIONS

     The following capitalized terms used in the Plan have the respective
meanings set forth in this Section:

     (a)  APPLICABLE LAWS: All laws, statutes, regulations, ordinances, rules or
          governmental requirements that are applicable to this Plan or any
          Award granted pursuant to this Plan, including but not limited to
          applicable laws of Singapore, the People's Republic of China, the
          United States and the Cayman Islands, and the rules and requirements
          of any applicable national securities exchange.

     (b)  ACT: The U.S. Securities Exchange Act of 1934, as amended, or any
          successor thereto.

     (c)  AFFILIATE: With respect to the Company, any entity directly or
          indirectly controlling, controlled by, or under common control with,
          the Company or any other entity designated by the Board in which the
          Company or an Affiliate has an interest.

     (d)  AWARD: An Option, Stock Appreciation Right or Other Stock-Based Award
          granted pursuant to the Plan.

     (e)  BENEFICIAL OWNER: A "beneficial owner", as such term is defined in
          Rule 13d-3 under the Act (or any successor rule thereto).

     (f)  BOARD: The Board of Directors of the Company.

     (g)  CHANGE IN CONTROL: The occurrence of any of the following events:

          (i) the sale or disposition, in one or a series of related
          transactions, of all or substantially all, of the assets of the
          Company to any "person" or "group" (as such terms are defined in
          Sections 13(d)(3) or 14(d)(2) of the Act) other than the Permitted
          Holders;

          (ii) any person or group, other than the Permitted Holders, is or
          becomes the Beneficial Owner (except that a person shall be deemed to
          have "beneficial ownership" of all shares that any such person has the
          right to acquire, whether such

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          right is exercisable immediately or only after the passage of time),
          directly or indirectly, of more than 50% of the total voting power of
          the voting stock of the Company (or any entity which controls the
          Company), including by way of merger, consolidation, tender or
          exchange offer or otherwise; or

          (iii) during any period of two consecutive years, individuals who at
          the beginning of such period constituted the Board (together with any
          new directors whose election by such Board or whose nomination for
          election by the shareholders of the Company was approved by a vote of
          a majority of the directors of the Company, then still in office, who
          were either directors at the beginning of such period or whose
          election or nomination for election was previously so approved) cease
          for any reason to constitute a majority of the Board, then in office.

     (h)  CODE: The U.S. Internal Revenue Code of 1986, as amended, or any
          successor thereto.

     (i)  COMMITTEE: The Compensation Committee of the Board, or in the absence
          of a Compensation Committee, the Board.

     (j)  COMPANY: The Yingli Green Energy Holding Company Limited, a company
          incorporated under the laws of the Cayman Islands.

     (k)  DISABILITY: Inability of a Participant to perform in all material
          respects his duties and responsibilities to the Company, or any
          Subsidiary of the Company, by reason of a physical or mental
          disability or infirmity which inability is reasonably expected to be
          permanent and has continued (i) for a period of not less than 90
          consecutive days or (ii) such shorter period as the Committee may
          reasonably determine in good faith. The Disability determination shall
          be in the sole discretion of the Committee and a Participant (or his
          representative) shall furnish the Committee with medical evidence
          documenting the Participant's disability or infirmity which is
          satisfactory to the Committee.

     (l)  EFFECTIVE DATE: The date the Board approves the Plan, or such later
          date as is designated by the Board.

     (m)  EMPLOYMENT: The term "Employment" as used herein shall be deemed to
          refer to (i) a Participant's employment if the Participant is an
          employee of the Company or any of its Affiliates, (ii) a Participant's
          services as a consultant, if the Participant is consultant to the
          Company or its Affiliates and (iii) a Participant's services as an
          non-employee director, if the Participant is a non-employee member of
          the Board.

     (n)  FAIR MARKET VALUE: On a given date, (i) if there should be a public
          market for the Shares on such date, the arithmetic mean of the high
          and low prices of the Shares as reported on such date on the Composite
          Tape of the principal national securities exchange on which such
          Shares are listed or admitted to trading, or if the Shares are not
          listed or admitted on any national securities exchange, the arithmetic
          mean of the per Share closing bid price and per Share closing asked
          price on such date as quoted on the National Association of Securities
          Dealers Automated Quotation System (or such market in which such
          prices are regularly quoted)(the

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          "NASDAQ"), or, if no sale of Shares shall have been reported on the
          Composite Tape of any national securities exchange, including the
          NASDAQ on such date, then the immediately preceding date on which
          sales of the Shares have been so reported or quoted shall be used, or
          (ii) if there should not be a public market for the Shares on such
          date, the Fair Market Value shall be the value established by the
          Committee in good faith.

     (o)  ISO: An Option that is also an incentive stock option granted pursuant
          to Section 6(d) of the Plan.

     (p)  LSAR: A limited stock appreciation right granted pursuant to Section
          7(d) of the Plan.

     (q)  OTHER STOCK-BASED AWARDS: Awards granted pursuant to Section 8 of the
          Plan.

     (r)  OPTION: A stock option granted pursuant to Section 6 of the Plan.

     (s)  OPTION PRICE: The purchase price per Share of an Option, as determined
          pursuant to Section 6(a) of the Plan.

     (t)  PARTICIPANT: An employee, director or consultant who is selected by
          the Committee to participate and actually participates--whether
          directly or through a trust, custodial or other similar arrangement
          approved by the Committee--in the Plan.

     (u)  PERMITTED HOLDER: means, as of the date of determination, (i)
          the Company or (ii) any employee benefit plan (or trust forming a part
          thereof) maintained by (A) the Company or (B) any corporation or other
          Person of which a majority of its voting power of its voting equity
          securities or equity interest is owned, directly or indirectly, by the
          Company,

     (v)  PERSON: A "person", as such term is used for purposes of Section 13(d)
          or 14(d) of the Act (or any successor section thereto).

     (w)  PLAN: This Yingli Green Energy Holding Company Limited 2006 Stock
          Incentive Plan.

     (x)  SHARES: Ordinary shares of US$0.01 each of the Company.

     (y)  STOCK APPRECIATION RIGHT: A stock appreciation right granted pursuant
          to Section 7 of the Plan.

     (Z)  SUBSIDIARY: A corporation or other entity of which a majority
          of the outstanding voting shares or voting power is beneficially owned
          directly or indirectly by the Company.

3.   SHARES SUBJECT TO THE PLAN

     The total number of Shares which may be issued under the Plan is 3,394,054.
Among the total number of Shares which may be issued under the Plan, up to
2,715,243 Shares may be issued for the purpose of granting awards of restricted
Shares and up to 678,811 Shares

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may be issued for the purpose of granting Options. The Shares may consist, in
whole or in part, of authorized and unissued Shares, or Shares purchased on the
open market. The issuance of Shares or the payment of cash upon the exercise of
an Award or in consideration of the cancellation or termination of an Award
shall reduce the total number of Shares available under the Plan, as applicable.
Shares which are subject to Awards which terminate or lapse without the payment
of consideration may be granted again under the Plan.

4.   ADMINISTRATION

     The Plan shall be administered by the Committee, which may delegate its
duties and powers in whole or in part to any subcommittee thereof consisting
solely of at least two individuals who are intended to qualify as "Non-Employee
Directors" within the meaning of Rule 16b-3 under the Act (or any successor rule
thereto) and an "independent director" as defined in Rule 4200 of the NASDAQ
Marketplace Rules (or any successor rule thereto). Notwithstanding the
foregoing, at any time prior to the date on which any equity interests of the
Company, including, without limitation, the Shares, have been registered under
the Act or any other securities laws, members of the current Board, as of the
date hereof, may approve and authorize the Company to make an Award to other
members of the Board (who shall not vote with respect to such Award) under the
Plan, and, prior to such registration, the current Board may approve and
authorize the Company to make Awards under the Plan to any other employees,
directors or consultants of the Company or any of its Affiliates. Awards may, in
the discretion of the Committee, be made under the Plan in assumption of, or in
substitution for, outstanding awards previously granted by the Company or its
affiliates or a company acquired by the Company or with which the Company
combines. The number of Shares underlying such substitute awards shall be
counted against the aggregate number of Shares available for Awards under the
Plan. The Committee is authorized to interpret the Plan, to establish, amend and
rescind any rules and regulations relating to the Plan, and to make any other
determinations that it deems necessary or desirable for the administration of
the Plan. The Committee may correct any defect or supply any omission or
reconcile any inconsistency in the Plan in the manner and to the extent the
Committee deems necessary or desirable. Any decision of the Committee in the
interpretation and administration of the Plan, as described herein, shall lie
within its sole and absolute discretion and shall be final, conclusive and
binding on all parties concerned (including, but not limited to, Participants
and their beneficiaries or successors). The Committee shall have the full power
and authority to establish the terms and conditions of any Award consistent with
the provisions of the Plan and to waive any such terms and conditions at any
time (including, without limitation, accelerating or waiving any vesting
conditions). The Committee shall require payment of any amount it may determine
to be necessary to withhold for any applicable taxes as a result of the
exercise, grant or vesting of an Award. Unless the Committee specifies
otherwise, the Participant may elect to pay a portion or all of such withholding
taxes by (a) delivery in Shares or (b) having Shares withheld by the Company
from any Shares that would have otherwise been received by the Participant.

5.   LIMITATIONS

     No Award may be granted under the Plan after the tenth anniversary of the
Effective Date, but Awards theretofore granted may extend beyond that date.

6.   TERMS AND CONDITIONS OF OPTIONS

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     Options granted under the Plan shall be, as determined by the Committee,
non-qualified or incentive stock options for U.S. federal income tax purposes,
as evidenced by the related Award agreements, and shall be subject to the
foregoing and the following terms and conditions and to such other terms and
conditions, not inconsistent therewith, as the Committee shall determine:

     (a)  Option Price. The Option Price per Share shall be determined by the
          Committee, but shall not be less than 100% of the Fair Market Value of
          the Shares on the date an Option is granted.

     (b)  Exercisability. Options granted under the Plan shall be exercisable at
          such time and upon such terms and conditions as may be determined by
          the Committee, but in no event shall an Option be exercisable more
          than ten years after the date it is granted.

     (c)  Exercise of Options. Except as otherwise provided in the Plan or in an
          Award agreement, an Option may be exercised for all, or from time to
          time any part, of the Shares for which it is then exercisable. For
          purposes of Section 6 of the Plan, the exercise date of an Option
          shall be the later of the date a notice of exercise is received by the
          Company and, if applicable, the date payment is received by the
          Company pursuant to clauses (i), (ii), (iii) or (iv) in the following
          sentence. The purchase price for the Shares as to which an Option is
          exercised (which shall not be less than the par value of the Shares)
          shall be paid to the Company in full at the time of exercise at the
          election of the Participant (i) in cash or its equivalent (e.g., by
          check), (ii) to the extent permitted by the Committee, in Shares
          having a Fair Market Value equal to the aggregate Option Price for the
          Shares being purchased and satisfying such other requirements as may
          be imposed by the Committee; provided, that such Shares have been held
          by the Participant for no less than six months (or such other period
          as established from time to time by the Committee in order to avoid
          adverse accounting treatment applying generally accepted accounting
          principles), (iii) partly in cash and, to the extent permitted by the
          Committee, partly in such Shares or (iv) if there is a public market
          for the Shares at such time, through the delivery of irrevocable
          instructions to a broker to sell Shares obtained upon the exercise of
          the Option and to deliver promptly to the Company an amount out of the
          proceeds of such Sale equal to the aggregate Option Price for the
          Shares being purchased. No Participant shall have any rights to
          dividends or other rights of a stockholder with respect to Shares
          subject to an Option until the Participant has given written notice of
          exercise of the Option, paid in full for such Shares and, if
          applicable, has satisfied any other conditions imposed by the
          Committee pursuant to the Plan.

     (d)  ISOs. The Committee may grant Options under the Plan that are intended
          to be ISOs. Such ISOs shall comply with the requirements of Section
          422 of the Code (or any successor section thereto). No ISO may be
          granted to any Participant who at the time of such grant, owns more
          than ten percent of the total combined voting power of all classes of
          stock of the Company or of any Subsidiary, unless (i) the Option Price
          for such ISO is at least 110% of the Fair Market Value of a Share on
          the date the ISO is granted and (ii) the date on which such ISO
          terminates is a date not later than the day preceding the fifth
          anniversary of the date on which the ISO is granted. Any Participant
          who disposes of Shares acquired upon the exercise of an

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          ISO either (i) within two years after the date of grant of such ISO or
          (ii) within one year after the transfer of such Shares to the
          Participant, shall notify the Company of such disposition and of the
          amount realized upon such disposition. All Options granted under the
          Plan are intended to be nonqualified stock options, unless the
          applicable Award agreement expressly states that the Option is
          intended to be an ISO. If an Option is intended to be an ISO, and if
          for any reason such Option (or portion thereof) shall not qualify as
          an ISO, then, to the extent of such nonqualification, such Option (or
          portion thereof) shall be regarded as a nonqualified stock option
          granted under the Plan; provided that such Option (or portion thereof)
          otherwise complies with the Plan's requirements relating to
          nonqualified stock options. In no event shall any member of the
          Committee, the Company or any of its Affiliates (or their respective
          employees, officers or directors) have any liability to any
          Participant (or any other Person) due to the failure of an Option to
          qualify for any reason as an ISO.

     (e)  Attestation. Wherever in this Plan or any agreement evidencing an
          Award a Participant is permitted to pay the exercise price of an
          Option or taxes relating to the exercise of an Option by delivering
          Shares, the Participant may, subject to procedures satisfactory to the
          Committee, satisfy such delivery requirement by presenting proof of
          beneficial ownership of such Shares, in which case the Company shall
          treat the Option as exercised without further payment and shall
          withhold such number of Shares from the Shares acquired by the
          exercise of the Option.

7.   TERMS AND CONDITIONS OF STOCK APPRECIATION RIGHTS

     (a)  Grants. The Committee also may grant (i) a Stock Appreciation Right
          independent of an Option or (ii) a Stock Appreciation Right in
          connection with an Option, or a portion thereof. A Stock Appreciation
          Right granted pursuant to clause (ii) of the preceding sentence (A)
          may be granted at the time the related Option is granted or at any
          time prior to the exercise or cancellation of the related Option, (B)
          shall cover the same number of Shares covered by an Option (or such
          lesser number of Shares as the Committee may determine) and (C) shall
          be subject to the same terms and conditions as such Option except for
          such additional limitations as are contemplated by this Section 7 (or
          such additional limitations as may be included in an Award agreement).

     (b)  Terms. The exercise price per Share of a Stock Appreciation Right
          shall be an amount determined by the Committee but in no event shall
          such amount be less than the greater of (i) the Fair Market Value of a
          Share on the date the Stock Appreciation Right is granted or, in the
          case of a Stock Appreciation Right granted in conjunction with an
          Option, or a portion thereof, the Option Price of the related Option
          and (ii) the minimum amount permitted by Applicable Laws. Each Stock
          Appreciation Right granted independent of an Option shall entitle a
          Participant upon exercise to an amount equal to (i) the excess of (A)
          the Fair Market Value on the exercise date of one Share over (B) the
          exercise price per Share, times (ii) the number of Shares covered by
          the Stock Appreciation Right. Each Stock

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          Appreciation Right granted in conjunction with an Option, or a portion
          thereof, shall entitle a Participant to surrender to the Company the
          unexercised Option, or any portion thereof, and to receive from the
          Company in exchange therefore an amount equal to (i) the excess of (A)
          the Fair Market Value on the exercise date of one Share over (B) the
          Option Price per Share, times (ii) the number of Shares covered by the
          Option, or portion thereof, which is surrendered. The date a notice of
          exercise is received by the Company shall be the exercise date.
          Payment shall be made in Shares or in cash, or partly in Shares and
          partly in cash (any such Shares valued at such Fair Market Value), all
          as shall be determined by the Committee. Stock Appreciation Rights may
          be exercised from time to time upon actual receipt by the Company of
          written notice of exercise stating the number of Shares with respect
          to which the Stock Appreciation Right is being exercised. No
          fractional Shares will be issued in payment for Stock Appreciation
          Rights, but instead cash will be paid for a fraction or, if the
          Committee should so determine, the number of Shares will be rounded
          downward to the next whole Share.

     (c)  Limitations. The Committee may impose, in its discretion, such
          conditions upon the exercisability or transferability of Stock
          Appreciation Rights as it may deem fit.

     (d)  Limited Stock Appreciation Rights. The Committee may grant LSARs that
          are exercisable upon the occurrence of specified contingent events.
          Such LSARs may provide for a different method of determining
          appreciation, may specify that payment will be made only in cash and
          may provide that any related Awards are not exercisable while such
          LSARs are exercisable. Unless the context otherwise requires, whenever
          the term "Stock Appreciation Right" is used in the Plan, such term
          shall include LSARs.

8.   OTHER STOCK-BASED AWARDS

     The Committee, in its sole discretion, may grant or sell Awards of Shares,
Awards of restricted Shares and Awards that are valued in whole or in part by
reference to, or are otherwise based on the Fair Market Value of, Shares ("Other
Stock-Based Awards"). Such Other Stock-Based Awards shall be in such form, and
dependent on such conditions, as the Committee shall determine, including,
without limitation, the right to receive, or vest with respect to, one or more
Shares (or the equivalent cash value of such Shares) upon the completion of a
specified period of service, the occurrence of an event and/or the attainment of
performance objectives. Other Stock-Based Awards may be granted alone or in
addition to any other Awards granted under the Plan. Subject to the provisions
of the Plan, the Committee shall determine to whom and when Other Stock-Based
Awards will be made, the number of Shares to be awarded under (or otherwise
related to) such Other Stock-Based Awards; whether such Other Stock-Based Awards
shall be settled in cash, Shares or a combination of cash and Shares; and all
other terms and conditions of such Awards (including, without limitation, the
vesting provisions thereof and provisions ensuring that all Shares so awarded
and issued shall be fully paid and non-assessable).

9.   ADJUSTMENTS UPON CERTAIN EVENTS

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     Notwithstanding any other provisions in the Plan to the contrary, the
following provisions shall apply to all Awards granted under the Plan:

     (a)  Generally. In the event of any change in the outstanding Shares after
          the Effective Date by reason of any Share dividend or split,
          reorganization, recapitalization, merger, consolidation, spin-off,
          combination, combination or transaction or exchange of Shares or other
          corporate exchange, or any distribution to shareholders of Shares
          other than regular cash dividends or any transaction similar to the
          foregoing, the Committee in its sole discretion and without liability
          to any person shall make such substitution or adjustment, if any, as
          it deems to be equitable, as to (i) the number or kind of Shares or
          other securities issued or reserved for issuance pursuant to the Plan
          or pursuant to outstanding Awards, (ii) the maximum number of Shares
          for which Options or Stock Appreciation Rights may be granted during a
          calendar year to any Participant, (iii) the maximum number of Shares
          for which Other Stock-Based Awards may be granted during a calendar
          year to any Participant, (iv) the maximum amount of an Award that is
          valued in whole or in part by reference to, or is otherwise based on
          the Fair Market Value of, Shares that may be granted during a calendar
          year to any Participant, (v) the Option Price or exercise price of any
          stock appreciation right and/or (vi) any other affected terms of such
          Awards.

     (b)  Change in Control. In the event of a Change of Control after the
          Effective Date, (i) if determined by the Committee in the applicable
          Award agreement or otherwise, any outstanding Awards then held by
          Participants which are unexercisable or otherwise unvested or subject
          to lapse restrictions shall automatically be deemed exercisable or
          otherwise vested or no longer subject to lapse restrictions, as the
          case may be, as of immediately prior to such Change of Control and
          (ii) the Committee may, but shall not be obligated to, (A) cancel such
          Awards for fair value (as determined in the sole discretion of the
          Committee) which, in the case of Options and Stock Appreciation
          Rights, may equal the excess, if any, of value of the consideration to
          be paid in the Change of Control transaction to holders of the same
          number of Shares subject to such Options or Stock Appreciation Rights
          (or, if no consideration is paid in any such transaction, the Fair
          Market Value of the Shares subject to such Options or Stock
          Appreciation Rights) over the aggregate exercise price of such Options
          or Stock Appreciation Rights or (B) provide for the issuance of
          substitute Awards that will substantially preserve the otherwise
          applicable terms of any affected Awards previously granted hereunder
          as determined by the Committee in its sole discretion or (C) provide
          that for a period of at least 15 days prior to the Change of Control,
          such Options shall be exercisable as to all shares subject thereto and
          that upon the occurrence of the Change of Control, such Options shall
          terminate and be of no further force and effect.

10.  NO RIGHT TO EMPLOYMENT OR AWARDS

     The granting of an Award under the Plan shall impose no obligation on the
Company or any Subsidiary to continue the Employment of a Participant and shall
not lessen or

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affect the Company's or Subsidiary's right to terminate the Employment of such
Participant. No Participant or other Person shall have any claim to be granted
any Award, and there is no obligation for uniformity of treatment of
Participants, or holders or beneficiaries of Awards. The terms and conditions of
Awards and the Committee's determinations and interpretations with respect
thereto need not be the same with respect to each Participant (whether or not
such Participants are similarly situated).

11.  SUCCESSORS AND ASSIGNS

     The Plan shall be binding on all successors and assigns of the Company and
a Participant, including without limitation, the estate of such Participant and
the executor, administrator or trustee of such estate, or any receiver or
trustee in bankruptcy or representative of the Participant's creditors.

12.  NONTRANSFERABILITY OF AWARDS

     Unless otherwise determined by the Committee, an Award shall not be
transferable or assignable by the Participant otherwise than by will or by the
laws of descent and distribution. An Award exercisable after the death of a
Participant may be exercised by the legatees, personal representatives or
distributees of the Participant.

13.  AMENDMENTS OR TERMINATION

     The Board may amend, alter or discontinue the Plan, but no amendment,
alteration or discontinuation shall be made, (a) without the approval of the
shareholders of the Company, if such action would (except as is provided in
Section 9 of the Plan), increase the total number of Shares reserved for the
purposes of the Plan or change the maximum number of Shares for which Awards may
be granted to any Participant or (b) without the consent of a Participant, if
such action would diminish any of the rights of the Participant under any Award
theretofore granted to such Participant under the Plan; provided, however, that
the Committee may amend the Plan in such manner as it deems necessary to permit
the granting of Awards meeting the requirements of any Applicable Laws.

     Without limiting the generality of the foregoing, to the extent applicable,
notwithstanding anything herein to the contrary, this Plan and Awards issued
hereunder shall be interpreted in accordance with Section 409A of the Code and
Department of Treasury regulations and other interpretative guidance issued
thereunder, including without limitation any such regulations or other guidance
that may be issued after the Effective Date. Notwithstanding any provision of
the Plan to the contrary, in the event that the Committee determines that any
amounts payable hereunder will be taxable to a Participant under Section 409A of
the Code and related Department of Treasury guidance prior to payment to such
Participant of such amount, the Company may (a) adopt such amendments to the
Plan and Awards and appropriate policies and procedures, including amendments
and policies with retroactive effect, that the Committee determines necessary or
appropriate to preserve the intended tax treatment of the benefits provided by
the Plan and Awards hereunder and/or (b) take such other actions as the
Committee determines necessary or appropriate to comply with the requirements of
Section 409A of the Code.

14.  JURISDICTIONS

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     In order to assure the viability of Awards granted to Participants employed
in various jurisdictions, the Committee may, in its sole discretion, may provide
for such special terms as it may consider necessary or appropriate to
accommodate differences in local law, tax policy or custom applicable in the
jurisdiction in which the Participant resides or is employed. Moreover, the
Committee may approve such supplements to, amendments, restatements, or
alternative versions of the Plan as it may consider necessary or appropriate for
such purposes without thereby affecting the terms of the Plan as in effect for
any other purpose; provided, however, that no such supplements, restatements or
alternative versions shall increase the Share limitation contained in Section 3
hereof. Notwithstanding the foregoing, the Committee may not take any actions
hereunder, and no Awards shall be granted that would violate any Applicable
Laws.

15.  DISTRIBUTION OF SHARES

     The obligation of the Company to make payments in Shares pursuant to an
Award shall be subject to all Applicable Laws and to any such approvals by
government agencies as may be required. Without limiting the generality of the
foregoing, Shares distributed pursuant to an Award may consists, in whole or in
part, of authorized and unissued Shares, treasury Shares or Shares purchased on
the open market. Additionally, in the discretion of the Committee, American
Depository Shares may be distributed in lieu of Shares in settlement of any
Award, provided that the American Depository Shares shall be of equal value to
the Shares that would have otherwise been distributed. If the number of Shares
represented by an American Depository Share is other than on a one-to-one basis,
the limitations of Section 3 shall be adjusted to reflect the distribution of
American Depository Shares in lieu of Shares.

16.  TAXES

     No Shares shall be delivered under the Plan to any Participant until such
Participant has made arrangements acceptable to the Committee for the
satisfaction of any income and employment tax withholding obligations under any
Applicable Laws, in particular, the tax laws, rules, regulations and government
orders of Singapore, the People's Republic of China or the U.S. federal, state
or other local tax laws, as applicable. The Company and each of its Subsidiaries
shall have the authority and the right to deduct or withhold, or require a
Participant to remit to the Company, an amount sufficient to satisfy federal,
state, local and foreign taxes (including the Participant's payroll tax
obligations, if any) required to be withheld under any Applicable Laws with
respect to any Award issued to the Participant hereunder. The Committee may in
its discretion and in satisfaction of the foregoing requirement allow a
Participant to elect to have the Company withhold Shares otherwise issuable
under an Award (or allow the return of Shares) having a Fair Market Value equal
to the sums required to be withheld. Notwithstanding any other provision of the
Plan, the number of Shares which may be withheld with respect to the issuance,
vesting, exercise or payment of any Award (or which may be repurchased form the
Participant of such Award after such Shares were acquired by the Participant
from the Company) in order to satisfy the Participant's federal, state, local
and other income and payroll tax liabilities with respect to the issuance,
vesting, exercise or payment of the Award shall, unless specifically approved by
the Committee, be limited to the number of Shares which have a Fair Market Value
on the date of withholding or repurchase equal to the aggregate amount of such
liabilities based on the minimum statutory withholding rates for federal, state,
local and other income tax any payroll tax purposes that are applicable to such
taxable income.

17.  CHOICE OF LAW

<PAGE>
                                                                              11

     The Plan shall be governed by and construed in accordance with the laws of
Singapore.

18.  EFFECTIVENESS OF THE PLAN

     The Plan shall be effective as of the Effective Date and shall terminate
ten years later, subject to earlier termination by the Board pursuant to Section
13 hereof.<PAGE>

                                                                    EXHIBIT 10.2

                                                           [ENGLISH TRANSLATION]

                   YINGLI GREEN ENERGY HOLDING COMPANY LIMITED

                                     FORM OF

                         EXECUTIVE EMPLOYMENT AGREEMENT

          This Executive Employment Agreement, dated as of ____________, 2006
(this "Agreement"), is executed by and between YINGLI GREEN ENERGY HOLDING
COMPANY LIMITED, an exempted company with limited liability incorporated and
existing under the laws of the Cayman Islands (the "Company") and __________
(holding passport of _____________ with passport number of _________) (the
"Executive").

                                    RECITALS

          The Company desires to employ the Executive, and the Executive agrees
be employed by the Company, to act as __________ of the Company, all pursuant to
the terms and conditions of this Agreement;

          NOW, THEREFORE, the parties hereto agree as follows:

1.   TERM OF EMPLOYMENT

     1.1  The Company shall employ the Executive to take the position as set
          forth in Article 2 hereof, perform the duties and responsibilities as
          set forth in Article 2 hereof, and render services to the Company
          during a term of five (5) years commencing on ___________, _____ and
          ending on __________, ____(the "Term"). The Term may be early
          terminated pursuant to the provisions of Articles 4 and 5 hereof.

2.   POSITION, DUTIES AND RESPONSIBILITIES

     2.1  Position. The Executive shall be employed and act as the
          ______________ of the Company with all responsibilities as set forth
          in Exhibit A, as well as other responsibilities reasonably assigned by
          the Company. The Executive may take position in any Affiliate (as
          defined in Article 2.2 hereof) of the Company. The Executive shall
          initially take position in Baoding Tianwei Yingli New Energy Co.,
          Ltd., a subsidiary of the Company, and shall initially work in
          Baoding, Hebei province, China. The entity in which the Executive
          takes position and the location where the Executive works may be
          appropriately adjusted according to the operative demands of the
          Company in the future. The Executive shall use his/her best efforts to
          perform his/her duties and shall comply with all applicable laws,
          regulations and rules as well as the bylaws and rules of the Company.
          The Executive shall adhere to good business ethics and practices and
          shall not take advantage of his/her position for personal gains.

<PAGE>

     2.2  For the purpose of this Agreement, "Affiliate" means any individual or
          entity directly or indirectly controlled by the Company. For the
          purpose of this Article, "Control" means the direct or indirect
          possession of the power to direct or cause to direct the management
          and policies of such individual or entity, whether through ownership
          of voting securities, by contract or otherwise, including, without
          limitation, (a) the direct or indirect ownership of 50% or more of the
          outstanding stocks or other equity interests issued by such entity,
          (b) direct or indirect ownership of the 50% or more voting power of
          such entity, or (iii) the power to appoint, directly or indirectly, a
          majority of the members of the board of directors or other similar
          decision-making organization of such entity.

     2.3  Voting Restriction. If the Executive is elected as a director of the
          Company, the Executive shall refrain from voting, in his/her capacity
          of a director of the Company, on matters in relation to his/her
          employment or termination of his/her employment at meetings of the
          board of directors of the Company.

     2.4  Other Activities. Except with the prior written approval of the
          Company, the Executive shall not render commercial or professional
          services of any nature to any person or organization, whether or not
          for compensation; and the Executive will not directly or indirectly
          engage, participate, invest, finance or otherwise assist in any
          business activity that is potentially competitive in any manner with
          the business of the Company or any Affiliate or any business activity
          that may cause the Executive to be in conflict of interest with the
          Company or any Affiliate, whether or not for profit.

3.   COMPENSATION AND BENEFITS

     As full consideration for the services to be provided by the Executive
     under this Agreement and as full compensation for the obligations and
     restrictions to be imposed on the Executive by this Agreement, the Company
     shall pay the Executive, and the Executive agrees to accept, the base
     salary, stock option and other incentive programs, and other benefits as
     set forth in this Article 3.

     3.1  Base salary. The Company shall pay base salaries to the Executive in
          the amount and by the means as set forth in Part I of Exhibit B
          hereof.

     3.2  Stock Options And Other Incentive Programs. The Executive shall be
          eligible to participate in any stock option or other incentive program
          available to officers or employees of the Company in accordance with
          the terms and conditions as set forth in Exhibit C hereof.

     3.3  Benefits. The Executive will be eligible to receive any benefit as the
          Company or the Affiliate with which the Executive works generally
          provides to its other employees of comparable position in accordance
          with the benefit plans established and amended from time to time at
          its sole discretion by the Company or such Affiliate. The annual paid
          leave of the Executive shall be twenty (20) working days.

                                       2

<PAGE>

4.   TERMINATION BY THE COMPANY.

     4.1  Termination for Cause. For purposes of this Agreement, unless
          otherwise provided under applicable laws, "Cause" will exist at any
          time after the occurrence of one or more of the following events: (a)
          the Executive commits willful misconduct or gross negligence in
          performance of his duties hereunder ("Malfeasance") and fails to
          correct such Malfeasance within a reasonable period specified by the
          Company (the "Correction Period") after the Company has sent the
          Executive a written notice demanding correction within the Correction
          Period; (b) the Executive seriously violates the internal rules of the
          Company and fails to correct such violation within a reasonable period
          specified by the Company (the "Correction Period") after the Company
          has sent the Executive a written notice demanding correction within
          the Correction Period; (c) the Executive is convicted by a court of
          theft, fraud or other criminal offense; or (d) the Executive seriously
          breaches his/her duty of loyalty to the Company or an Affiliate under
          the laws of the Cayman Islands, the PRC or other relevant
          jurisdictions. The Company may terminate the employment of the
          Executive for Cause at any time without prior written notice. Upon
          termination, the Company shall pay all compensation of the Executive
          accrued up to the date of termination pursuant to Article 3 hereof;
          provided, however, that the Company may deduct and withhold any amount
          it is entitled to as damages under applicable laws. Thereafter, all
          obligations of the Company under this Agreement shall terminate.

     4.2  Termination By Reason of Death. The employment of the Executive by the
          Company shall be automatically ceased upon the death of the Executive.
          In the event that employment of the Executive by the Company
          terminates as a result of the Executive's death, the Executive's
          estate or heirs will receive all unpaid compensation accrued as of the
          date of the termination of the employment as provided in Article 3
          hereof; provided that, the Company may deduct and withhold any amount
          it is entitled to as damages under applicable laws. Thereafter, all
          obligations of the Company under this Agreement shall terminate.
          Nothing contained herein shall prevent the estate or heirs of the
          Executive from being entitled to any interest or other applicable
          benefits under any life insurance programs (if any). If the death of
          the Executive occurs during the performance of his/her duties for the
          Company, the Company shall pay to the appropriate beneficiaries a
          special compensation at an amount to be determined by the Company
          which shall not exceed the annual base salary of the Executive as set
          forth in Article 3.1 hereof.

     4.3  Termination By Reason of Disability. In the event that the Executive
          is entitled to long-term disability benefits of the Company, or in the
          event that, in the judgment of the Company, the Executive is not able
          to perform his/her duties for 90 consecutive days or 120 days or
          longer in a 12-month period due to his/her physical or psychological
          problems, the Company may terminate the Executive's employment,
          provided that such termination is permitted by the law. Upon
          termination, the Company shall pay all compensation of the Executive
          accrued up to the date of termination pursuant to Article 3 hereof;
          provided, however, that the

                                       3

<PAGE>

          Company may deduct and withhold any amount it is entitled to as
          damages under applicable laws. Thereafter, all obligations of the
          Company under this Agreement shall terminate. The provisions of this
          Article 4.3 shall not affect the Executive's rights under any
          disability program that he/she participates (if any).

5.   TERMINATION BY THE EXECUTIVE

     5.1  The Executive may voluntarily terminate his/her employment with the
          Company with or without cause by a three-month prior written notice.
          During such three-month notice period, the Executive shall continue to
          perform diligently his/her duties and responsibilities under this
          Agreement. The Company shall have the discretion to terminate its
          employment with the Executive prior to the last day of such
          three-month period; provided that the Company shall have paid the
          Executive all of his/her compensation accrued through the last day of
          such three-month period pursuant to Article 3 hereof. Thereafter, the
          Company's obligations hereunder shall terminate. In such case, the
          Company shall not be responsible for paying any severance pay or other
          benefits to the Executive.

6.   RESPONSIBILITIES UPON TERMINATION

     6.1  Return of Documents. The Executive agrees to promptly return to the
          Company all documents and materials in any form received by the
          Executive by virtue of his/her employment with the Company upon or
          prior to the termination of his/her employment with the Company,
          including, without limitation, all originals and copies of any
          Proprietary Information as defined in Article 8 hereof as well as any
          part thereof, together with all equipment and other tangible or
          intangible assets of the Company. The Executive agrees not to retain
          any document or material that contains such Proprietary Information or
          any copy thereof.

     6.2  Survival. The Executive further agrees that (a) all representations,
          warranties and obligations under Articles 6, 7, 8, 9, 11 and 14 hereof
          shall survive the termination or expiration of the Term; (b) all
          representations, warranties and obligations under Articles 6, 7, 8, 9,
          11 and 14 hereof shall also survive the termination of this Agreement;
          and (c) after termination or expiration of the Term, the Executive
          shall use his/her best efforts to cooperate with the Company in
          connection with such surviving obligations, including, without
          limitation to, completion of outstanding work on behalf of the
          Company, transfer of his/her assignments to designated employees of
          the Company, and dependence of the Company against claims raised by
          any third party in connection with any action or negligence of the
          Executive during his employment with the Company. The Executive also
          agrees to execute and deliver the Termination Certificate in the form
          as set forth in Exhibit D hereto prior to the termination of the
          employment with the Company.

                                       4

<PAGE>

7.   RESTRICTED ACTIVITIES

     7.1  No-use of Proprietary Information. The Executive acknowledges that to
          conduct any activity restricted in this Article will certainly involve
          the use or disclosure of Proprietary Information as defined in Article
          8 hereof and consequently result in a breach of such Article, and it
          will be difficult to directly demonstrate a breach of Article 8
          hereof. Therefore, in order to prevent the Executive from using or
          disclosing the Proprietary Information as defined in Article 8 and as
          a condition to employing the Executive, the Executive agrees that
          during his/her employment with the Company and for a period of two
          years after the termination or expiration of the employment, the
          Executive shall not, directly or indirectly:

          (a)  refer or attempt to refer to any third party any business in
               which the Company or its Affiliates currently engage or will
               likely engage or participate, including, without limitation,
               solicitation or provision of any business or services that are
               essentially similar to the business of the Company or its
               Affiliates on behalf of any individual, company or other entity
               who was then an existing or prospective customer, supplier or
               partner of the Company or its Affiliates.

          (b)  solicit or employ any person with whom the Company or its
               Affiliates maintain employment or consulting relation, or
               otherwise direct or cause any person to terminate his/her
               employment or consulting relationship with the Company or its
               Affiliates.

     7.2  Non-Competition

          (a)  During the Restrictive Period set forth in Article 7.2(b) hereof,
               the Executive shall not, directly or indirectly, engage in any
               manner in any business that may compete with the business of the
               Company anywhere in the world, and without the prior written
               consent of the Company, the Executive shall not, directly or
               indirectly, anywhere in the world, own an interest in, manage,
               operate, join, control, lend money or render financial or other
               assistance to or participate in or be connected with, as an
               officer, employee, partner, stockholder, consultant or otherwise,
               any person that competes with the Company.

          (b)  In this Article 7.2, "Restricted Period" shall mean: (i) two (2)
               years after the expiration of the Term in due course; (ii) two
               (2) years after termination by the Executive of this Agreement
               without cause as provided in Article 5 hereof prior to the
               expiration of the Term; or (iii) two (2) years after the
               termination of this Agreement prior to the expiration of the Term
               for any other reasons.

          (c)  In the event that the Executive is in breach of the provisions of
               Article 7.2(a) hereof, the Restricted Period shall be extended by
               the length of the period of such breach.

                                       5

<PAGE>

          (d)  The Executive acknowledges that the compensation to be paid by
               the Company shall have contained any and all economic
               consideration for each and all obligations of the Executive under
               this Article 7.2.

     7.3  Enforceability. Each covenant contained in this Article 7 constitutes
          an independent covenant, and if any covenant in unenforceable, other
          covenants shall continue to be valid and binding. In the event the
          term of any restriction or the territorial restriction contained in
          this Article 7 is finally determined by a competent court to have
          exceeded the maximum extent deemed reasonable and enforceable by such
          court, then this Agreement shall be amended as such to adopt the
          longest term or largest territory deemed by such court to be
          enforceable.

     7.4  Independent Covenant. All covenants contained in this Article 7 shall
          be interpreted as a separate agreement independent of other provisions
          of this Agreement. Any lawsuit or claim brought by the Executive
          against the Company (whether by virtue of this Agreement or any other
          agreement) shall not constitute a defense against the enforcement of
          this Article 7 by the Company.

8.   PROPRIETARY INFORMATION

     8.1  The Executive agrees that during his/her employment with the Company
          and within two (2) years after termination of his/her employment with
          the Company, he/she will keep in strict confidence all Proprietary
          Information and, without the prior written consent of the Company,
          will not use or disclose to any individual, entity or company the
          Proprietary Information other than the use or disclosure for the
          purposes of performing his/her duties and responsibilities and in
          favor of the Company to the extent necessary. "Proprietary
          Information" shall mean any proprietary, confidential or secret
          information disclosed to the Executive in connection with the Company,
          the business of the Company, or the parent, subsidiaries, Affiliates,
          customers or suppliers of the Company or their respective businesses,
          or any other party to which the Company has confidentiality obligation
          (the "Related Party") or its business. Such Proprietary Information
          shall include, without limitation, research material, product plans,
          products, services, business strategies, personnel information,
          customer lists, customers, market, technical materials, forecasts,
          promotion, financial and other business information of the Company or
          the Related Parties, no matter such information is directly or
          indirectly disclosed to the Executive in writing, orally, in the form
          of image or object or otherwise. The Executive understands that the
          Proprietary Information does not include any of the foregoing that has
          become known to the public.

9.   INTELLECTUAL PROPERTY

     9.1  Inventions Retained and Licensed. Exhibit E of this Agreement sets
          forth all inventions which were made by the Executive prior to his/her
          employment with the Company (collectively, the "Prior Inventions"),
          including all processes, inventions, technology, original works of
          authorship, developments,

                                       6

<PAGE>

          improvements, formulas, patents, discoveries, copyrights and trade
          secrets. Such Prior Inventions, which belong to the Executive and are
          relate to the Company's proposed business, products or research and
          development, are not assigned to the Company hereunder. In case that
          there is no Prior Invention listed in Exhibit E hereof, the Executive
          hereby confirms that no Prior Invention exist. If in the course of
          his/her employment with the Company, the Executive incorporates into a
          Company product, process, machine or other project a Prior Invention
          owned by the Executive or in which the Executive has an interest, the
          Company is hereby granted and shall have a nonexclusive, royalty-free,
          irrevocable, perpetual, worldwide license to make, have made, modify,
          use, sell and engage in other actions with respect to such Prior
          Invention as part of or in connection with such product, process or
          machine.

     9.2  Assignment of Inventions. The Executive agrees that he/she will
          promptly make full written disclosure to the Company, will hold in
          trust for the sole right and benefit of the Company, and hereby assign
          to the Company, or its designee, without further compensation, all
          his/her right, title, and interest in and to any and all inventions,
          original works of authorship, developments, concepts, improvements or
          trade secrets, whether or not patentable or registrable under
          copyright or similar laws, which the Executive may solely or jointly
          conceive or develop or reduce to practice, or cause to be conceived or
          developed or reduced to practice, during the period of time the
          Executive is in the employment of the Company and within twelve (12)
          months after the termination or expiration of the employment
          (collectively referred to as "Inventions"), except as provided in
          Article 9.3 below. The Executive further agrees that all patentable
          and copyrightable works which are made by the Executive (solely or
          jointly with others) within the scope of and during the period of
          his/her employment with the Company, are "works made for hire" and the
          Executive hereby assigns all proprietary rights, including patent and
          copyright, in these works to the Company without further compensation.

     9.3  Unrelated Inventions. Inventions as referenced to in Article 9.2
          hereof does not include inventions which the Executive can demonstrate
          to be developed entirely on his/her own time without using the
          Company's equipment, supplies, facilities or trade secret information
          (the "Unrelated Inventions"), unless those inventions that are either
          (i) related at the time of conception or reduction to practice of the
          invention to the Company's business, or actual or demonstrably
          anticipated research or development of the Company, or (ii) result
          from any work performed by Executive for the Company. The Executive
          agrees to disclose promptly to the Company all such Unrelated
          Inventions and to provide the Company or its assignee first rights of
          refusal to license such disclosed Unrelated Inventions within three
          months after his/her disclosure of such Unrelated Inventions based on
          commercially negotiated terms.

     9.4  Maintenance of Records. The Executive agrees to keep and maintain
          adequate and current written records of all Inventions made by the
          Executive (solely or jointly with others) during the term of his/her
          employment with the Company.

                                       7

<PAGE>

          The records will be in the form of notes, sketches, drawings, and any
          other format that may be specified by the Company. The records will be
          available to and remain the sole property of the Company at all times.

     9.5  Patent and Copyright Registrations.

          (a)  The Executive agrees to assist the Company, or its designee, upon
               the instruction of the Company, in every proper way to secure the
               Company's rights in the Inventions and any copyrights, patents or
               other intellectual property rights relating thereto in any and
               all countries, including the disclosure to the Company of all
               pertinent information and data with respect thereto, the
               execution of all applications, specifications, oaths, assignments
               and all other instruments which the Company shall deem necessary
               in order to apply for and obtain such rights and in order to
               assign and convey to the Company, its successors, assigns, and
               nominees the sole and exclusive rights, title and interest in and
               to such Inventions, and any copyrights, patents or other
               intellectual property rights relating thereto.

          (b)  The Executive further agrees that his/her obligation to execute
               or cause to be executed any such instrument or papers shall
               continue after the termination of this Agreement. If the Company
               is unable because of the Executive's mental or physical
               incapacity or for any other reason to secure his/her signature to
               apply for or to pursue any application for any domestic or
               foreign patents or copyright registrations covering Inventions
               assigned to the Company as above, then the Executive hereby
               irrevocably designates and appoints the Company and its duly
               authorized officers and agents as his/her agent and attorney in
               fact, to act for and in his/her behalf and stead to execute and
               file any such applications and to do all other lawfully permitted
               acts to further the prosecution and issuance of letters patent or
               copyright registrations thereon with the same legal force and
               effect as if executed by the Executive.

10.  INFORMATION OF PREVIOUS EMPLOYER

     10.1 The Executive agrees that during his/her employment with the Company
          he/she will not inappropriately use or disclose any proprietary
          information or trade secrets owned by any previous employer of the
          Executive or any other individual or entity obtained prior to his/her
          employment with the Company, nor will he/she bring to the Company any
          such non-public document or proprietary information.

11.  INFORMATION OF THIRD PARTIES

     11.1 The Executive hereby acknowledges that the Company has received and
          may continue to receive from third parties confidential or proprietary
          information. The Executive agrees to keep in strict confidence such
          all of such confidential or proprietary information in his/her
          possession and to refrain from using or

                                       8

<PAGE>

          disclosing to any individual, entity or company such confidential or
          proprietary information, except that such use or disclosure is in
          compliance with the agreement between the Company and such third party
          and is necessary for the performance of relevant work on behalf of the
          Company.

12.  NO-CONFLICT

     12.1 The Executive represents and warrants that the execution by the
          Executive of this Agreement, the employment with the Company, and the
          performance by the Executive of his/her duties and responsibilities
          pursuant to this Agreement will not breach any of his/her legal or
          contractual obligation to any prior employer of the Executive or any
          other parties, including, without limitation, any obligation in
          respect of proprietary or confidential information or intellectual
          property rights of such party.

13.  FOREIGN CORRUPTION ACT

     13.1 The Executive agrees to diligently adhere to the Foreign Corrupt
          Practices Act attached as Exhibit F hereof.

     13.2 The Executive agrees and promises not to provide or offer any
          remuneration, gift, service or article of value to any government
          officials (including working stuff or employees of any government or
          administrative agencies, political parties or candidates) of any
          country for any reason. The Executive further agrees and promises that
          the Executive will not accept any remuneration in the form of cash or
          other tangible objects from any person in performing his/her duties
          under this Agreement other than the compensation specified in Article
          3 of this Agreement. The Executive promises that all conducts of the
          Executive under this Agreement shall be in compliance with all
          relevant laws, regulations and administrative rules of the People's
          Republic of China at all times.

14.  MISCELLANEOUS

     14.1 Continuing Obligation. If the Executive is employed by any existing or
          future Affiliate of the Company at any time, or provides services to
          such Affiliate, or otherwise retained by such Affiliate, then the
          obligations under this Agreement shall continue to apply. Any
          reference to the Company shall include such Affiliate. In the event
          that this Agreement expires or terminates for any reason, the
          Executive shall immediately resign from any position at such Affiliate
          of the Company, unless otherwise required by the Company.

     14.2 Notice to Employer. The Executive hereby authorizes the Company to
          notify the relevant provisions of this Agreement and the Executive's
          obligations under this Agreement to the actual or future employer of
          the Executive (including the Affiliate with which the Executive will
          work).

     14.3 Right to Name and Image. The Executive hereby authorizes the Company
          to use, or authorize any other person to use, once or from time to
          time during his/her

                                       9

<PAGE>

          employment with the Company, the names, photos, images (including
          cartoons), voices and resume of the Executive as well as photocopies
          and duplicates thereof in any media now known or developed in the
          future (including but not limited to movies, videos, digital or any
          other electronic media) for purposes as may be deemed appropriate by
          the Company.

     14.4 Legal Fees. In any dispute arise from or in connection with this
          Agreement, the winning party shall be entitled to be reimbursed for
          reasonable legal fees.

     14.5 Amendments, Extension and Waiver. This Agreement may not be amended,
          revised, extended or terminated unless by a written instrument
          executed by the Executive or a duly authorized representative of the
          Company (excluding the Executive). Any failure or delay to assert any
          right, remedy or power shall not be construed as a waiver of such
          right, remedy or power. All rights and remedies existing under this
          Agreement are cumulative to, and not exclusive of, any rights or
          remedies otherwise available.

     14.6 Transfer; Successors and Assigns. The Executive agrees that he/she
          will not transfer, sell, assign or otherwise dispose of (whether
          voluntarily, involuntarily or by operation of law) any rights or
          interests under this Agreement, and the rights of the Executive shall
          not be subject to any security interest or creditors' claims. Any such
          transfer, assign or other disposal shall be invalid. Nothing contained
          in this Agreement shall prevent the Company from merging into or with
          any other company or selling all or substantially all of the assets of
          the Company, or transfer this Agreement or any obligation under this
          Agreement. In the event of any change in the ownership interest or the
          control of the Company, the provisions of this Agreement shall
          continue to apply and shall be binding upon any successors.
          Notwithstanding and subject to the foregoing, this Agreement shall be
          valid and binding upon, and inure to the benefit of, the successor,
          representative, heirs and permitted assigns of each party, and shall
          not vest in any other individual or entity any interest.

     14.7 Notice. All notices or other communications under this Agreement shall
          be made in writing and delivered to the following addresses or any
          other addresses designated by each party in writing from time to time:

          To the Company:

          Address: 3055 Fuxing Middle Road, Baoding City, Hebei Province, China

          Postal Code:  071051
          Fax:          _______________________
          Attention of: _______________________

          To the Executive:

                                       10

<PAGE>

          Address:      _______________________
          Fax:          _______________________
          Attention of: _______________________

          Any notice shall be deemed to have been delivered:

          (a)  If by hand or courier, on the date of actual delivery;

          (b)  If by prepaid and registered mail, on the fourth business days
               after the date of dispatch; or

          (c)  If by fax, on the date on which the fax is transmitted (as
               evidenced by the confirmatory report with fax number, pages
               transmitted and date of transmission).

     14.8 Severability; Enforceability. If all or any portion of any provision
          of this Agreement as applied to any person, to any place or to any
          circumstance shall be ruled by an arbitration commission or a court of
          competent jurisdiction to be invalid, illegal or incapable of being
          enforced, the same shall in no way affect (to the maximum extent
          permissible by Law) that provision or the remaining portions of that
          provision as applied to any parties, places or circumstances or any
          other provisions of this Agreement or the validity or enforceability
          of this Agreement as a whole.

     14.9 Governing Law. This Agreement shall be governed and construed in
          accordance with the laws of the People's Republic of China.

     14.10 Language. This Agreement is written and executed in Chinese.

     14.11 Originals. This Agreement is executed by the parties in two
          originals. Each of the parties will hold one original, and the two
          originals shall be equally valid.

          The Executive acknowledges that (a) he/she has consulted or has the
opportunity to consult with independent counsel of his choice regarding this
Agreement, and the Company has suggested that he do so and (b) he/she has read
and understands this Agreement, fully understands its legal effect, and has
entered into this Agreement voluntarily in his/her own judgment. The Executive
hereby agrees that the obligations under Articles 7, 8 and 9 hereof and the
definition of the Proprietary Information contained in those provisions shall
also apply to the Proprietary Information relating to any work performed for the
Company prior to the execution of this Agreement.

                          [Signatures on the Next Page]

                                       11

<PAGE>

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

                                        EXECUTIVE

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------

                                        YINGLI GREEN ENERGY HOLDING COMPANY LTD.

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                       12

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