Document:

Officer and Director Compensation

 Exhibit 10.1 
 2011 Executive Officer Compensation 
 On January 21, 2011, the Compensation Committee
of the Board of Directors of Volterra Semiconductor Corporation (the “Company”) approved certain compensation matters for its executive officers. 
 The Compensation Committee did not change base salaries for the executive officers from existing levels, but did approve: (i) 2011 option grants; (ii) bonuses under the Company’s 2010
Management Bonus Plan and (iii) additional performance based bonuses for individual performance in 2010: 
  

													
	 Name and Title
	  	2011 Option
Grants	 	  	2010
Bonus	 	  	Additional
Performance
Bonus	 
	 Jeff Staszak
	  				  				  			
	 President and Chief Executive Officer
	  	 	140,000	  	  	$	346,500	  	  	$	75,000	  
				
	 Mike Burns
	  				  				  			
	 Vice President, Finance and Chief Financial Officer
	  	 	33,000	  	  	$	150,000	  	  			
				
	 Bill Numann
	  				  				  			
	 Senior Vice President, New Product Development
	  	 	40,000	  	  	$	141,000	  	  	$	40,000	  
				
	 Craig Teuscher
	  				  				  			
	 Senior Vice President, Operations, Mnfg. Eng. & Quality Assurance
	  	 	40,000	  	  	$	144,000	  	  	$	30,000	  
				
	 Tom Truman
	  				  				  			
	 Vice President, World Wide Sales
	  	 	33,000	  	  	$	107,625	  	  	$	25,000	  

 Under the Company’s standard
option grant procedures, these option grants shall be made on the fourth business day following the release of the Company’s Q4 2010 earnings information. 
 2011 Non-Employee Director Compensation 
 On January 21, 2011, the Company’s Board
of Directors, upon the recommendation of the Compensation Committee, revised the cash compensation of the non-employee directors, to increase the annual cash retainer for the Chairman of the Board of Directors from $10,000 to $20,000 and to increase
the annual cash retainer for each member of the Board of Directors from $25,000 to $35,000. 
 Following these approvals, the annual cash
retainer for service on the Company’s Board and Committees shall be: 
  

					
	 Chairman of the Board of Directors:
	  	$	20,000	  
	 Member of Board of Directors:
	  	$	35,000	  
	 Member of Audit Committee: *
	  	$	7,000	  
	 Member of Compensation Committee: *
	  	$	3,500	  
	 Member of Nominating and Governance Committee:*
	  	$	2,500	  
	 Audit Committee Chair:*
	  	$	15,000	  
	 Compensation Committee Chair:*
	  	$	7,000	  
	 Nominating and Governance Committee Chair:*
	  	$	5,000	  

  

	*	represents no change from previously approved compensationManagement Bonus Plan

 Exhibit 10.2 
 VOLTERRA SEMICONDUCTOR CORPORATION 
 MANAGEMENT BONUS PLAN 

The following are the terms of the annual Management Bonus Plan approved by the Compensation Committee of the Board of Directors of Volterra
Semiconductor Corporation (the “Company”) on January 21, 2011 (the “Plan”). 
  

	A.	Purpose 

 1. The terms of the Plan have
been established to attract, motivate, retain and reward the Company’s executive officers for assisting the Company in achieving its operational goals through exemplary performance. 
 2. Under the Plan, cash bonuses, if any, will be based on both the achievement of specified individual and corporate goals as well as a review of personal performance, which will be determined at the
discretion of the Compensation Committee. 
  

	B.	Determination of Bonus Amounts 

 1. The
target bonus amount for each executive officer is based on a percentage of base salary paid to such executive officer during the year. 
 2. The
aggregate bonus pool available to be distributed to the chief executive officer and other executive officers of the Company will be based on the Company’s financial performance, as compared against certain net revenue and operating income goals
for the current year, excluding the impact of any stock-based compensation charges or other expenses excluded with the approval of the Compensation Committee. The percentage of the aggregate bonus pool for the executive officers of the Company
actually earned will be weighted such that fifty percent of the aggregate bonus pool will be based on the Company’s year-end net revenue results, as compared to current year internal targets, and fifty percent of the aggregate bonus pool will
be based on the Company’s year-end non-GAAP operating income, as compared to current year internal targets. The Board or the Board’s Compensation Committee may also modify the financial performance goals at any time based on business
changes during the year. The Company’s financial performance in the current year must exceed certain minimum financial performance goals for any bonuses to be paid under the Plan. 
 3. The percentage of the target bonus amount paid to the Company’s chief executive officer will be based solely on the Company’s financial performance. The percentage of the target bonus amount
paid to each of the other executive officers of the Company will be weighted such that fifty percent of the individual bonus amount will be based on the Company’s financial results and fifty percent of the individual bonus amount will be based
on meeting individual performance goals as established or revised by the Company’s chief executive officer, as 

 
reviewed by the Board or the Board’s Compensation Committee. The individual performance goals may vary based on the Company’s strategic initiatives and the responsibilities of each
executive officer. 
 4. A bonus for each executive officer may range from 0% (if minimum results are not achieved) to a maximum of 150% (if
results exceed objectives). The Board or the Board’s Compensation Committee may grant bonuses to executive officers even if the financial or individual performance goals are not met and may withhold or reduce bonuses even if the financial or
individual performance goals are met. 
 5. To be eligible to receive a bonus, executives must be employed as of the applicable bonus payment
date. The bonus plan will be administered by the Compensation Committee, and the Compensation Committee will have sole power and discretion in administering the plan and controlling its operation, including, but not limited to, the power to
(a) determine which executives will be participants in the plan, (b) establish such eligibility and participation restrictions and requirements as it deems appropriate, (c) prescribe the terms and conditions of the bonuses,
(d) interpret the plan, (e) adopt rules for the administration, interpretation and application of the plan as are consistent herewith, and (f) interpret, amend or revoke any such rules. The plan may be amended, suspended or terminated
prematurely in the sole and absolute discretion of the Compensation Committee. 
 6. This plan does not constitute a contract of employment or
impose on either the employee or the Company, its subsidiaries or its successor any obligation to retain the participant as an employee. This plan does not change the status of a participant as an employee at will, or the policies of the Company
regarding termination of employment, nor guarantee further continuing participation in the plan.Purchase Agreement

 Exhibit 10.1 
 PURCHASE AGREEMENT 
 THIS PURCHASE AGREEMENT (the
“Agreement”) is made as of the 24th day of January 2011 (the “Effective Date”) between DayStar Technologies, Inc., a Delaware corporation (the “Company”), and Michael Moretti
(the “Purchaser”). The Company and the Purchaser are sometimes referred to individually as a “Party” and collectively as the “Parties.” 

RECITALS 
 The Company desires to issue and the Purchaser desires to purchase (A) a secured convertible promissory note (the “Note”) in substantially the form attached hereto as
Exhibit A, and (B) a warrant in substantially the form attached hereto as Exhibit B (the “Warrant”). The Note, the Warrant and any securities issuable upon conversion of the Note of the exercise of the
Warrant are collectively referred to herein as the “Securities”. 
 AGREEMENT 

Now, therefore, in consideration of the above Recitals and for other good and valuable consideration, the receipt and adequacy of which
are hereby acknowledged, the Parties agree as follows: 
 1. PURCHASE AND SALE OF
NOTE AND WARRANT. 
 1.1 Sale and Issuance of Note and Warrant. Subject
to the terms and conditions of this Agreement, the Purchaser agrees to purchase at the Closing (as defined below), and the Company agrees to sell and issue to the Purchaser at the Closing: 

(i) the Note in substantially the form attached hereto as Exhibit A in the principal amount of US $150,000,
and 
 (ii) the Warrant in substantially the form attached hereto as Exhibit B. 

1.2 Closing; Delivery. 
 (a) Closing Date. The closing of the purchase and sale of the Note and the Warrant (the “Closing”) shall be held on January 24, 2011 or as soon thereafter as
practicable (the “Closing Date”) at a place and time to be determined by the Company and Purchaser. 
 (b) Deliveries at Closing. At the Closing (i) the Purchaser will deliver to the Company payment of the Purchase Price with respect to the Note and the Warrant by wire transfer from the
Purchaser to a bank designated by the Company and executed counterpart signature pages to the Security Agreement (as defined below) and the Registration Rights Agreement (as defined below); and (ii) the Company shall issue and deliver to the
Purchaser the original executed Note in favor of the Purchaser, the executed Warrant in favor of the Purchaser and executed counterpart signature pages to the Security Agreement (as defined below), the Registration Rights Agreement (as defined
below), the Intercreditor Agreement, and the Seller’s Certificate. 

 (c) Purchase Price. The “Purchase Price” of the Note and
the Warrant shall equal the principal amount of the Note. 
 (d) UCC Financing Statements. Upon delivery
of the Purchase Price, Seller authorizes Purchaser to file its UCC-1 financing statements in the states in which Purchaser shall elect. 
 1.3 Use of Proceeds. The Company must use the proceeds related to the sale of the Note and the Warrant for (i) operating capital and (ii) general corporate purposes. 

2. SECURITY INTEREST. The indebtedness represented by the Note shall be secured by a perfected security interest in
certain assets of the Company as further provided in the Security Agreement attached hereto as Exhibit C (the “Security Agreement”). 
 3. REGISTRATION RIGHTS. The shares of Company common stock into which the Note may be converted and the Warrant may be exercised shall be subject to
registration rights as further provided in the Registration Rights Agreement attached hereto as Exhibit D (the “Registration Rights Agreement”). 
 4. REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE COMPANY. The Company hereby represents
and warrants to the Purchaser as follows: 
 4.1 Corporate Power. The Company has all requisite corporate power to
execute and deliver this Agreement and to carry out and perform its obligations under the terms of this Agreement. 
 4.2
Authorization. With the exception of any shareholder approval that may be required pursuant to the terms of the Note and/or the Warrant, all corporate action on the part of the Company, its directors and its shareholders necessary for the
authorization, execution, delivery and performance of this Agreement by the Company and the performance of the Company’s obligations hereunder, including the issuance and delivery of the Note and Warrant, has been taken prior to the Closing.
This Agreement, the Note when executed and delivered by the Company, and the Warrant when executed and delivered by the Company, shall constitute valid and binding obligations of the Company enforceable in accordance with their terms, subject to
laws of general application relating to bankruptcy, insolvency, the relief of debtors and, with respect to rights to indemnity, subject to federal and state securities laws. 
 4.3 Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with this Agreement, the Security Agreement, the Note and the Warrant, will be duly
and validly issued, fully paid and nonassessable (as applicable), and free and clear of all liens. The Company has reserved from its duly authorized capital stock the maximum number of shares of common stock (i) issuable upon the conversion of
the Note and (ii) that may be issued upon the exercise of the Warrant. 
 4.4 Governmental Consents. All consents,
approvals, orders, or authorizations of, or registrations, qualifications, designations, declarations, or filings with, any governmental authority, required on the part of the Company in connection with the valid execution and delivery of this
Agreement, the offer, sale or issuance of the Note and the Warrant or the 

  
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consummation of any other transaction contemplated thereby or hereby shall have been obtained and will be effective at the Closing or, except for notices required or permitted to be filed with
certain state and federal securities commissions, which notices will be filed on a timely basis. 
 4.5 No Conflicts. The
execution, delivery and performance of this Agreement by the Company and the performance of the Company’s obligations hereunder, including the issuance and delivery of the Note and the Warrant, will not (a) breach any law to which the
Company or any of its subsidiaries or any of their assets is subject or any provision of its organizational documents, (b) breach any contract, order or permit to which the Company or any of its subsidiaries is a party or by which it is bound
or to which any of its assets is subject, or (c) trigger any rights of first refusal, preferential purchase, or similar rights. 
 4.6 Offering. Assuming the accuracy of the representations and warranties of the Purchaser contained in Section 5 hereof, the offer, issue, and sale of the Note and the Warrant is and will be
exempt from the registration and prospectus delivery requirements of the Securities Act of 1933, as amended (the “1933 Act”), and have been registered or qualified (or are exempt from registration and qualification) under the
registration, permit, or qualification requirements of all applicable state securities laws. 
 4.7 Priority. As of the
Closing Date the security interests granted by Seller to Purchaser under the Security Agreement shall be pari passu with other bridge lenders and the Secured Party as specified in the Intercreditor Agreement. 

5. REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE
PURCHASER. The Purchaser represents, warrants and covenants to the Company as follows: 
 5.1 Accredited
Investor; Purchase for Own Account. The Purchaser represents and warrants that it is an “accredited investor” as defined in Rule 501(a) of Regulation D promulgated under the 1933 Act. The Purchaser represents that it is acquiring the
Note and the Warrant solely for its own account and beneficial interest for investment and not with a view to or for sale in connection with any distribution of the Securities, has no present intention of selling, granting any participation in the
same, and does not presently have reason to anticipate a change in such intention. 
 5.2 Information and Sophistication.
The Purchaser acknowledges that it has received all the information it has requested from the Company and it considers necessary or appropriate for deciding whether to acquire the Note and the Warrant. The Purchaser represents that it has had an
opportunity to ask questions and receive answers from the Company regarding the terms and conditions of the offering of the Note and the Warrant and to obtain any additional information necessary to verify the accuracy of the information given the
Purchaser. The Purchaser further represents that it has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risk of this investment. 

5.3 Ability to Bear Economic Risk and Knowledge of Certain Risk Factors. The Purchaser acknowledges that investment in the Note
and the Warrant involves a high degree of risk, and represents that it is able, without materially impairing its financial condition, to hold the Note and the Warrant for an indefinite period of time and to suffer a complete loss of its

  
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investment. The Purchaser has evaluated the risks involved in investing in the Note and the Warrant, and has determined that the Note and the Warrant are suitable investments for the Purchaser.

 5.4 Further Limitations on Disposition. Without in any way limiting the representations set forth above, the Purchaser
further agrees not to make any disposition of all or any portion of the Securities unless and until there is then in effect a registration statement under the 1933 Act covering such proposed disposition and such disposition is made in accordance
with such registration statement or such disposition does not require registration under the 1933 Act or any applicable state securities laws. In the event that Purchaser seeks to make a disposition of all or any portion of the Securities in the
absence of registration under the 1933 Act and any applicable state securities laws, Purchaser shall furnish an opinion of counsel reasonably satisfactory in form and in substance to the Company that such disposition is exempt from registration
under the 1933 Act and any applicable state securities laws. 
 5.5 Intercreditor Agreement. The Purchaser acknowledges
that the Company may have entered into one or more additional secured financing transactions (each, a “Bridge Financing”) and may enter into additional bridge financing transactions within 120 days following the execution of this Agreement
(all bridge financings as described above are collectively referred to as “Bridge Financing”). In light of the foregoing, the Purchaser covenants and agrees, upon request by the Company, to enter into a written intercreditor agreement (a
form of which is in Exhibit E) with other lenders participating in a Bridge Financing pursuant to which the Purchaser’s security interest, as evidenced by the Security Agreement, will rank pari passu with the security interests of
the other lenders participating in the Bridge Financing, up to $6.5 million. 
 6. MISCELLANEOUS. 

6.1 Binding Agreement. The terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective
successors and assigns of the Parties. Nothing in this Agreement, express or implied, is intended to confer upon any third party any rights, remedies, obligations, or liabilities under or by reason of this Agreement, except as expressly provided in
this Agreement. 
 6.2 Governing Law; Waiver of Jury Trial. This Agreement shall be governed by and construed under the
laws of the State of New York without giving effect to the conflict of laws provisions thereof that would require the application of the law of another jurisdiction. THE PARTIES EACH HEREBY, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, WAIVE
THEIR RESPECTIVE RIGHTS TO JURY TRIAL OF ANY DISPUTE BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY OTHER AGREEMENTS RELATING HERETO OR ANY DEALINGS AMONG THEM RELATING TO THE TRANSACTIONS. 

6.3 Counterparts; Delivery via Facsimile. This Agreement may be executed in two or more counterparts, each of which shall be
deemed an original, but all of which together shall constitute one and the same instrument. This Agreement shall become binding when one or more counterparts hereof, individually or taken together, shall bear the signatures of all parties

  
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reflected hereon as signatories. Executed counterparts of this Agreement may be delivered to the other parties via facsimile; provided, however, that originally executed signature
pages to this Agreement shall be delivered (i) to the Company by the Purchaser and (ii) to the Purchaser by the Company, within five business days of the date of this Agreement. 

6.4 Titles and Subtitles. The titles and subtitles used in this Agreement are used for convenience only and are not to be
considered in construing or interpreting this Agreement. 
 6.5 Notices. Any notice required or permitted under this
Agreement, the Note or the Warrant shall be given in writing and shall be deemed effectively given upon personal delivery, upon confirmation of facsimile delivery, one day after deposit with a national overnight courier service, or three days after
deposit with the United States Post Office, postage prepaid, addressed to the Company at 1010 South Milpitas Boulevard, Milpitas, CA 95035, or to the Purchaser at its address shown on the signature page hereto, or at such other address as such Party
may designate in writing to the other Party. 
 6.6 Modification; Waiver. No modification or waiver of any provision of
this Agreement or consent to departure therefrom shall be effective unless in writing and approved by the Company and the Purchaser. 
 6.7 Expenses. Company and Purchaser shall bear the entire cost of its own expenses and legal fees incurred on its behalf with respect to this Agreement, the Note, the Warrant, the Security
Agreement and the transactions contemplated hereby and thereby. If any action at law or in equity is necessary to enforce or interpret the terms of this Agreement, the Note, the Security Agreement or any other agreement entered into in conjunction
herewith or therewith, the prevailing party shall be entitled to reasonable attorneys’ fees, costs and necessary disbursements in addition to any other relief to which such party may be entitled. 

6.8 Entire Agreement. This Agreement, the Security Agreement, the Note, the Warrant, the Registration Rights Agreement, and the
Exhibits hereto and thereto constitute the full and entire understanding and agreement between the Parties with regard to the subjects hereof and no Party shall be liable or bound to any other in any manner by any representations, warranties,
covenants and agreements except as specifically set forth herein and therein. In the event of a conflict with the terms of this Agreement and any of the other agreements or exhibits referenced herein, the terms and provisions of the other agreements
and exhibits shall control and prevail. 
 6.9 Survival. The terms and provisions of this Agreement shall survive Closing
and not be merged therein. 
 [Signature Page Follows] 

  
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 IN WITNESS WHEREOF, the Parties have
executed this PURCHASE AGREEMENT as of the date first written above. 
  

			
	COMPANY
	  
 DayStar Technologies,
Inc.,

	a Delaware corporation
		
	By:	 	/s/ Magnus Ryde
	Name:	 	Magnus Ryde
	Title:	 	Chief Executive Officer
	
	PURCHASER
	
	/s/ Michael Moretti
	Name:	 	Michael Moretti
	Address:	 	14230 Hwy. 281 N.
		 	San Antonio, TX 78232

 [SIGNATURE
PAGE TO PURCHASE AGREEMENT]

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