Document:

Polysilicon Supply Agreement

 This is an English translation for reference purpose only. 
 Exhibit 4.19 
 Polysilicon
Supply Agreement 
 between 
 Jiangsu Zhongneng Polysilicon Technology Development Co., Ltd. 
 AND 
 Changzhou Trina Solar Energy Co., Ltd. 
 Seller Agreement No.: ssc000119 
 Buyer Agreement No.: tcz—a1130—0803—cgc—120—0 
 March 29, 2008 

 Polysilicon Supply Agreement 
 THIS POLYSILICON SUPPLY AGREEMENT (hereinafter referred to as “this Agreement”) is made and entered into by the parties below as of March 29, 2008. 
 Jiangsu Zhongneng Polysilicon Technology Development Co., Ltd., a company organized in the People’s Republic of China, with its registered address at 66# Yangshan
Road, Xuzhou Economic Development Zone, Jiangsu Province, the People’s Republic of China, hereinafter referred to as “the Seller”; 
 AND

 Changzhou Trina Solar Energy Co., Ltd., a company organized in the People’s Republic of China, with its registered address at 2# Tianhe Road, Xinbei
District Electronic Industry Park, Changzhou, Jiangsu Province, hereinafter referred to as “the Buyer” 
 Hereinafter, the Buyer and the Seller are
collectively referred to as “the Parties” and individually referred to as “a Party”. 
 RECITALS 
 WHEREAS, the Buyer wishes to establish a long-term supply and marketing relationship regarding the solar grade polysilicon with the Seller; 
 WHEREAS, the Buyer wishes to purchase from the Seller, and the Seller wishes to, as the supplier of the Buyer, sell to the Buyer, a specific quantity of solar grade
polysilicon. 
 NOW, THEREFORE, in consideration of the foregoing recitals and the respective representations, warranties and covenants contained herein, the
Parties hereby agree as follows: 
 Section 1 Definitions 
 1. Definitions. Unless the terms or context of this Agreement otherwise provide, the following terms shall have the meanings set out below. 
 1.1 “Parties” means the Buyer and the Seller. 
 1.2 “Party” means the Buyer or the Seller. 

1.3 “Agreement” means this Polysilicon Supply Agreement, including all schedules and exhibits hereto as well as all the amendments, modifications and
supplements as may be made hereto from time to time. 
 1.4 “Term” means the term of this Agreement from its Effective Date through its expiration
date. 
 1.5 “Business Day” means any day on which the companies in the PRC are generally open for business in the PRC, including a Saturday or
Sunday which the PRC government temporarily declares to be a working day (“Working Rest Day”), but excluding a statutory festival or holiday, or a Saturday or Sunday other than a Working Rest Day. 
 1.6 “Effective Date” means the day when the Parties sign this Agreement. 
 1.7 “Agreement Year” means a calendar year, i.e. from January 1 to December 31. For avoidance of doubt, the first year of this Agreement is from the Effective Date of this Agreement to December 31, 2008. 

 

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 1.8 “Affiliate” means any entity which, directly or indirectly, is controlled by, under common control with, or
in control of, a Party. 
 1.9 “Control” as mentioned in Article 1.8 above means the direct or indirect ownership of at least 50% voting shares or
equity. 
 1.10 “Losses” means any damages, penalties, charges, costs, taxes, fines, deficits and other losses and expenses (losses of profits and
value), including any interest, reasonable investigation fee, lawsuit expenses, reasonable lawyer’s fees, accountant’s fees and other experts’ expenses arising from or caused by any lawsuit or any claim, breach or assessment as well
as any and all expenses relating thereto and including all lawyer’s fees resulting from (i) investigation or defense concerning third-party claims; (ii) allegation or dispute of any right against the other Party pursuant to this
Agreement; and (iii) settlement of any case or lawsuit or any possible case or lawsuit. 
 1.11 “Intellectual Property Rights” or
“IPR” means any and all rights in any invention, discovery, improvement, utility model, appearance design, copyrightable work, industrial design or mask work, algorithm, data structure, trade secrets or know-how, Confidential Information,
or any idea having commercial value. IPR shall include any trademark, trade dress, trade name, domain name, or other marks that serve to identify and distinguish goods or services as coming from, or falling under the control of, a single source. IPR
shall include all rights of whatsoever nature in computer software and data, all intangible rights or privileges of a nature similar to any of the foregoing in every case in any part of the world and all rights in any applications and granted
registrations for any of the foregoing rights. 
 1.12 “China” or “PRC” means the People’s Republic of China, for the purpose of
this Agreement, excluding Hong Kong SAR, Macao SAR and Taiwan. 
 1.13 “Renminbi” or “RMB” means the lawful currency of the People’s
Republic of China. 
 1.14 “Law” means the laws, regulations, rules and other legislative, administrative or judicial notices, orders, decisions or
pronouncements binding on either Party or in relation to the subject matter of this Agreement. 
 1.15 “Products” means the solar grade polysilicon
as listed in Exhibit A “Product Specifications” hereto, which the Seller agrees to sell and deliver and the Buyer agrees to purchase and accept. 
 1.16 “Payment for Goods” means the aggregate of the product price (net price) and the taxes and fees payable by the Buyer. 
 1.17
“Advance Payment” has the meaning as set out in Article 3.5.1 below. 
 1.18 “Total Agreement Price” means the total price (tax included)
as listed in Exhibit B. 
 Section 2 General Provisions 
 2.1. The Recitals hereof and exhibits hereto are made a part of this Agreement. 
 2.2. The headings of the main body,
articles and paragraphs of this Agreement are only inserted for convenience of reference and shall not affect the meanings, interpretation or validity of this Agreement. 
 2.3. Within the term of this Agreement, the Buyer will purchase and accept the Products and pay the relevant price pursuant to the provisions of this Agreement. 
  

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 2.4. Within the term of this Agreement, the Seller will sell and deliver the Products pursuant to the provisions of this
Agreement. 
 2.5. The term of this Agreement shall commence from the Effective Date until December 31, 2015. Unless this Agreement is terminated or
cancelled prematurely pursuant to its provisions, this Agreement shall remain in full force and effect until the Parties have fully performed their respective obligations under this Agreement. 
 2.6. Take-or-pay agreement. This Agreement is a take-or-pay agreement. Within the term of this Agreement, the Buyer shall absolutely and irrevocably accept the annual
product quantity as specified in this Agreement per annum at the product price as set out in Exhibit B and make relevant payment according to the provisions. If, within any Agreement Year, the Buyer fails to perform the product quantity that shall
be purchased for this year (including, but not limited to, failure to accept the agreed product quantity and failure to make relevant payment), the Seller will neglect such difference and give to the Buyer a notice of payment covering the full
agreed price. The Buyer shall pay up the amount as indicated in the notice of payment within thirty (30) days of giving such notice of payment. The Buyer expressly acknowledges and agrees that it will pay the full purchase price for the
difference between the actually purchased product quantity and the agreed product quantity. 
 2.7. Except for the two special circumstances as set forth
below, without the prior written consent of the Seller, the Buyer shall not resell the Products or act as the reseller or redistributor of the Products: (i) the Buyer may use the Products for its production; and (ii) the Buyer may resell
or distribute the Products to any of its Affiliates. 
 Section 3 Supply of Products 
 3.1 Products 
 The Products supplied under this Agreement shall comply
with the specifications as listed in Exhibit A or the specifications already amended and implemented by the Parties at the supply of the Products. Such specifications shall be amended in writing with the mutual consent of the Parties. 
 3.2 Price 
 3.2.1 The price of the Products within the term of this
Agreement is a fixed price (subject to Exhibit B). The Parties agree that once this Agreement is executed, neither Party shall request the other Party to adjust the product price for whatever reason, regardless of any circumstance. 
 3.2.2 The price under this Agreement is an after-VAT price (i.e. the price is a net price and does not contain any tax) and is adjusted according to VAT at invoicing.
This price does not include any transport, insurance and other circulation expenses as well as the taxes regarding the Products payable by the Buyer separately. That is to say, the Seller issues a VAT invoice and the tax beyond the net price is
borne by the Buyer. 
 3.3 Quantity 
 3.3.1 The supply
quantity of the Products within the term of this Agreement is subject to Exhibit B. In each quarter (every three consecutive months commencing from April 2008 are a quarter. The rest may be deduced by analogy), the Seller is entitled to adjust the
supply quantity within 10% of total quarterly quantity. The quantity adjustment made by the Seller within a specific quarter shall be made up to the Buyer in next quarter, i.e. if the Seller makes an adjustment in a specific quarter, it shall make
up the shortage to the Buyer prior to expiry of next quarter. In this case, the Seller is exempt from any defaulting liability. In addition, the Parties agree that once this Agreement is executed, neither Party shall request the other Party to
adjust the product quantity for whatever reason, regardless of any circumstance. 
  

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 3.4 Quality 
 3.4.1
The quality standards of the Products under this Agreement are subject to the specifications given in Exhibit A. In case any dispute regarding product quality arises between the Parties, the Parties will entrust a legal inspection institution to
perform appraisal and the appraisal report issued by this appraisal institution shall prevail. If the Products indeed have quality problems, all the expenses arising from appraisal shall be borne by the Seller; if the Products have no quality
problems, these expenses shall be borne by the Buyer. 
 The Parties specifically agree: product
specifications adopt the standards presently set forth in Exhibit A from the Effective Date. The Parties shall amend Exhibit A every two years: every 24 months after the Effective Date, the Parties shall negotiate about the amendment of Exhibit A 30
days in advance; if the Parties fail to reach an agreement within two weeks after negotiations commence, the Parties shall endeavor to obtain the product specifications of the top three solar grade polysilicon manufacturers in terms of output
(including the Seller if it is then one of the top three in terms of output) in China Mainland within one month and negotiate to amend the contents of Exhibit A on the basis of average specifications; if the Parties still cannot agree upon the
amended specifications within such one-month period, the Parties shall purchase 100kg samples from each of the said three manufacturers and send samples to the legal inspection institution for inspection, with the expenses to be equally shared by
the Parties. The Parties shall obtain the average value of the inspection reports on the products of these three manufacturers issued by this inspection institution as soon as practicable, as the standards of amended Exhibit A. Such amended
standards shall be implemented on the 31st day from receiving the inspection reports on the products of the said three manufacturers. For avoidance
of doubt, when any Party receives inspection reports, it is deemed that the Parties receive inspection reports. 
 3.5 Payment 
 3.5.1 Advance Payment. The Buyer agrees to pay to the Seller an Advance Payment of [****]†. Such Advance Payment is interest-free and all the interest thereto is owned by the Seller. Unless otherwise specified herein, this Advance Payment is
non-refundable and irrevocable. The payment term of such Advance Payment is subject to Exhibit B. Unless otherwise set forth in Exhibit B, the Buyer explicitly acknowledges that it has understood and agreed: unless this Agreement is prematurely
cancelled or terminated by the Buyer due to the default by the Seller or is terminated after the mutual agreement of the Parties, once this Agreement is executed, in no event is the Seller required to refund all or any portion of the said Advance
Payment to the Buyer. Such Advance Payment shall only be used to offset the Payment for Goods payable by the Buyer in accordance with the provisions of this Agreement. The Parties acknowledge that from [****]† the Buyer may offset each monthly Payment for Goods with [****]† of the
total Advance Payment (if penalty or damages are deducted by the Seller from the Advance Payment due to the Buyer’s default, then with the [****]† of the balance (if any) of the Advance Payment less penalty or damages) until the Advance Payment is fully offset. After this Agreement is fully performed or is prematurely cancelled or terminated for the Seller’s default or the
Parties or is terminated after the mutual agreement of the Parties, the Seller shall refund all the remaining portion of the Advance Payment (if any) at no interest to the Buyer within ten days following the full performance of this Agreement or
premature cancellation or termination of this Agreement. 
  
  

	 †
	 This portion of the contract has been omitted and filed separately with the Securities and Exchange Commission, pursuant
to Rule 406. 

  

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 If the Buyer defaults under this Agreement, the Seller is entitled to directly deduct relevant penalty or damages from
the Advance Payment according to the provisions of this Agreement and request the Buyer to pay the amount of such deduction so as to make up the deficiency of the Advance Payment. Otherwise, the Buyer is deemed to default under this Agreement and
shall undertake the defaulting liability under Article 8.3 below. 
 3.5.2 Payment for Goods. The Buyer shall make the Payment for Goods to the Seller
pursuant to the provisions of Exhibit B before the Seller delivers the Products. Before the Seller receives the full Payment for Goods, the Seller is entitled to refuse to deliver the Products to the Buyer. Within 35 days of receiving the full
Payment for Goods from the Buyer, the Seller shall deliver the Products corresponding to such Payment for Goods. 
 3.5.3 After the Buyer makes each full
Payment for Goods to the Seller, the Seller shall submit to the Buyer the corresponding official VAT invoice complying with legal requirements and covering the full amount of the Products specific to such payment within 15 days. Before each Payment
for Goods is settled up, the title of the Products specific to such payment shall belong to the Seller. 
 3.6 Delivery 
 3.6.1 All the Products shall be delivered on the basis of the product delivery schedule in Exhibit B. 
 3.6.2 Place of Delivery. The Products shall be delivered to the premises of the Buyer or such other place as may be designated by the Buyer (e.g. workshop, factory or warehouse). Upon delivery, the risk of loss of the
Products shall be passed on to the Buyer. 
 3.6.3 Transport and Insurance. The transport expenses and insurance premium of the Products under this Agreement
shall be borne by the Buyer. 
 3.6.4 In the event that the delivery of the Products is delayed at the request of the Buyer or due to the failure on the part
of the Buyer to receive the Products on the date of delivery, the Seller may deposit the goods with the notary organ or seal up the goods in the Seller’s warehouse at the risk and expense of the Buyer and from the time when the goods are
deposited or sealed up, the risk of goods is passed on to the Buyer. The Buyer shall bear the depositing or sealing-up expenses. If the failure by the Buyer to accept the Products exceeds sixty days, it shall be deemed that the Buyer has irrevocably
accepted the Products. Such Products shall be at the disposal of the Buyer and the benefits shall belong to the Buyer. 
 If the Buyer cannot purchase the
Products from the Seller in the quantity as specified in this Agreement in a specific month, for the purpose of reducing losses, the Seller may resell the Products not purchased by the Buyer to domestic and foreign markets, but the Buyer shall pay
to the Seller the price difference between the reselling price and the price set forth herein as well as resale-related expenses. 
 3.6.5 In case of delayed
delivery by the Seller as set forth under Article 4.4, the Buyer shall provide a reasonable extension to the Seller. This extension is 10 to 30 days (to be agreed upon by the Parties). Within the extension hereof, the Seller does not undertake any
defaulting liability. If the Seller still fails to deliver the Products that shall be delivered upon expiry of such extension, the Seller shall assume the defaulting liability for delayed delivery under Article 8.4 
 With the consent of the Buyer, the Seller may make partial delivery. 
  

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 3.6.6 Inspection. The Buyer shall, within four weeks of the delivery of the Products, inspect the received Products
(inspection is made only for silicon materials. For the inspection of silicone materials, the Parties do not accept the inspection method for silicon wafers). If the Buyer has any objection, the Buyer shall give to the Seller a written notice of
product defects within this period. If the Buyer fails to do so, the delivered Products shall be deemed qualified and the Buyer shall unconditionally accept all the goods. 
 3.6.7 It is understood and agreed by the Parties: the Seller will supply the Products only in accordance with Exhibit A hereto; the Buyer will be solely responsible for the fitness of the Products for any particular
purpose as well as the processing, use and application of the Products. 
 3.7 Warranty 
 3.7.1 The Parties agree and acknowledge: all the risks resulting from the fluctuations of the market price of the Products shall be borne by the Parties respectively; within the term of this Agreement, the Buyer shall
purchase the goods in the product quantity as set forth herein and the Seller shall supply the goods in the product quantity and quality as set forth herein. 
 3.7.2 Quality warranty. The Seller only warrants that the delivered Products will conform to the specifications in Exhibit A. If the Products do not conform to the specifications in Exhibit A, the Buyer is entitled to request the Seller to
replace them with the conforming Products within twenty days. If the Seller still cannot supply conforming Products within such period, the Seller shall undertake the defaulting liability for delayed delivery under Article 8.4 Except this warranty,
the Seller does not make any or all other warranties, explicit or implied, with respect to the Products, including any warranty of merchantability or fitness for a particular purpose. 
 (a) Where any claim or lawsuit arises in connection with any defect of the Products, the Buyer is entitled to choose any of the following remedies and the Seller’s obligation is specifically limited to:
(i) replace nonconforming Products or refund the purchase price of such nonconforming Products; or (ii) pay an indemnity not exceeding the purchase price of the Products resulting in a claim for damages. Only after giving a notice to the
Seller pursuant to the provisions of this Agreement may the Buyer exercise any remedy. 
 (b) The Parties agree that the remedies under this Agreement are
adequate. Notwithstanding the foregoing provision, neither Party shall have any liability for any special, incidental, consequential, indirect or other damages sustained by the other Party due to the violation by such Party of the obligations under
this Agreement or for any reason other than as specified in this Agreement, whether in infringement lawsuit, strict liability, patent infringement, trademark infringement or otherwise. 
 4. Force Majeure 
 4.1 Events of Force Majeure 
 If either Party is delayed in or prevented from performing the obligations under this Agreement owing to any event beyond its reasonable control, and such delayed or prevented Party commits no fault or negligence
(subject to the provisions of Article 8), such Party shall not be held liable for such delayed or prevented performance and also not be deemed to default under this Agreement. Such events include, but are not limited to, act of God, war, riot,
explosion, fire, legal change and government act or omission resulting in such delayed or prevented performance (hereinafter collectively referred to as “Events of Force Majeure”). In the event that the performance of this Agreement by the
Buyer is delayed or prevented for the reasons of the Buyer’s carrier, subcontractor or supplier (i.e. their delayed or prevented performance), and the delayed or prevented performance of such carrier, subcontractor or supplier arises from any
of the said Events of Force Majeure, the delayed or prevented performance by the Buyer constitutes the delayed or prevented performance caused by an Event of Force Majeure as specified in this Article. The term of this Agreement shall be extended by
the period when the performance of this Agreement is prevented by an Event of Force Majeure. 
  

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 4.2 Notification and Reply 
 The prevented Party shall without any undue delay notify the other Party in writing of the occurrence of an Event of Force Majeure, indicating the complete explanation of such event and its reason, current situation of such event and the
measures taken or to be taken by such Party to overcome such event. The prevented Party shall exercise due diligence to overcome the delay in performing this Agreement caused by such Event of Force Majeure and take reasonable measures at its own
expenses to remedy the delay. 
 4.3 Effect of Force Majeure 
 Where either Party is delayed in or prevented from performing this Agreement due to an Event of Force Majeure, the period of its performance shall be extended by the reasonable time required to overcome the effect of such event. 

4.4 Exemption 
 In case any of the following circumstances occurs, the
Seller may delay delivery without any defaulting liability on it: 
 4.4.1 The Seller overhauls or maintains equipment (the number of overhauls does not
exceed three times every year). 
 5. Intellectual Property Rights 
 Any and all drawings, data, designs, tools, equipments, programs, engineering changes, inventions, trade secrets, copyrights, line layout design rights, source codes, object codes, patent applications, know-how, computer and/or product
software (including some software), trademark rights, all technical information or other information developed, produced or provided by the Seller during the development, production or manufacturing of the Products shall be exclusively proprietary
to the Seller (or any of its licensors, if any). Any provision of this Agreement shall not be construed in a manner that the ownership or any other right of the Products has been granted to the Buyer. The Buyer agrees that it will not perform
reverse engineering for any Product purchased under this Agreement. 
 6. Confidentiality Obligations and Confidential Information 
 6.1 The Parties acknowledge and agree that the terms of this Agreement and some information (including investigation information, technical information, product
development information, marketing plan or conditions, product information, business strategy information or other similar information) exchanged (between the Parties pursuant to this Agreement) shall be the Confidential Information of the
Disclosing Party. The purpose of exchange of the Confidential Information is to enable the Parties to appropriately perform their respective obligations and responsibilities under this Agreement. Within the term of this Agreement and two years
following the termination/expiry of this Agreement, except as otherwise specified by applicable laws, regulations or stock exchange’s rules, the Party receiving any Confidential Information and any of its employees, lawyers, financial
consultants, officers, directors and shareholders given access to such Confidential Information (hereinafter referred to as “Receiving Party”) shall not use in any way the terms of this Agreement or any Confidential Information disclosed
by the Disclosing Party or divulge, disclose or communicate such information to any individual, enterprise, company or entity without the prior written consent of the Disclosing Party. But each 

  

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Party may divulge, disclose or communicate the terms of this Agreement or any Confidential Information disclosed by the Disclosing Party to any of its
Affiliates, provided, however, that such Affiliate guarantees to keep the said information strictly confidential pursuant to the provisions of this Agreement and such Affiliate needs to know the said information. Each Party further agrees that it
will exercise at least the same degree of care, but not less than a reasonable degree of care, to protect the confidentiality of, and to prevent the publication or disclosure of, the Confidential Information disclosed by the other Party to it
hereunder as it exercises to protect its own confidential information. Confidential Information does not (and will not) include the information which is: 
 (a) already known by the Receiving Party prior to disclosure by the other Party; 
 (b) publicly available through no fault of the Receiving Party;

 (c) rightfully received from a third party without a duty of confidentiality; 
 (d) independently developed by the Receiving Party; 
 (e) disclosed with the written approval given by the Disclosing Party
pursuant to the provisions of this Agreement; or 
 (f) disclosed by the Receiving Party under requirement of law or for the submission of financial
statements, provided that, to the extent reasonably possible, the other Party is given notice and an opportunity to object. 
 6.2 The Parties shall keep
such Confidential Information in confidence. Neither Party shall reproduce or use such Confidential Information for any purpose other than the performance of its obligations under this Agreement. Each Party shall return all Confidential Information
to the other Party after it fully performs its obligations or at the request of the other Party. 
 6.3 The Parties acknowledge and agree that any
unauthorized use or disclosure of any of the Confidential Information will cause the Disclosing Party irreparable harm for which the Disclosing Party would have no adequate remedy at law. Accordingly, the Parties agree that, in the event of any
breach or threatened breach by the Receiving Party of its obligations hereunder, the Disclosing Party shall be entitled, in addition to any other rights and remedies it may have, to immediate injunctive relief prohibiting any violation of this
Agreement. 
 6.4 The Parties (including their respective Affiliates receiving the Confidential Information pursuant to this Agreement) agree that each Party
shall comply with the confidentiality obligations and responsibilities under this Article and neither party shall communicate to the public or release any announcement, report, statement or information regarding this Agreement or any transaction or
provision under this Agreement without the consent of the other Party, provided, however, that a Party or any of its Affiliates may disclose the contents of this Agreement to the extent of the mandatory requirements of the applicable laws in its
location. Each Party may make news release with respect to the execution and contents of this Agreement after the Parties reach an agreement about the specific contents of news release. 
 7. Title and Use of Drawings, Documents and other Items 
 Any and all drawings, blueprints, molds, models, tools,
printing plates and other items or documents provided or made by the Seller for the development, production or manufacturing of the Products under this Agreement shall be exclusively proprietary to the Seller and shall be immediately returned to the
Seller upon expiry, termination or cancellation of this Agreement. All of them shall be only used by the Buyer to perform this Agreement and shall not be used for the benefit of any other party. 
  

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 8. Termination 
 8.1
The Buyer acknowledges and agrees that the Seller has, based on its trust in the Buyer and its judgment of the product quantity required by the Buyer, invested a big sum of money to expand its productive capacity so as to meet the Buyer’s
product requirement. The Parties acknowledge that the following is the expression of their true intentions: the Parties agree to respectively bear the risk of market price adjustment; within the valid term of this Agreement, the Buyer is obliged to
purchase goods in the product quantity as specified in this Agreement and the Seller is obliged to supply goods in the product quantity as specified in this Agreement. Accordingly, the reasons and conditions for premature termination of this
Agreement by the Parties prior to the expiry of the term of this Agreement are specifically subject to the provisions of Article 8. 
 8.2 The Seller
acknowledges and agrees that the Buyer has, based on its trust in the Seller and its judgment of the product quantity undertaken by the Buyer, invested a big sum of money to expand its productive capacity. The Parties acknowledge that the following
is the expression of their true intentions: the Parties agree to respectively bear the risk of market price adjustment; within the valid term of this Agreement, the Buyer is obliged to purchase goods in the product quantity as specified in this
Agreement and the Seller is obliged to supply goods in the product quantity as specified in this Agreement. Accordingly, the reasons and conditions for premature termination of this Agreement by the Parties prior to the expiry of the term of this
Agreement are specifically subject to the provisions of Article 8. 
 8.3 Buyer’s Liability for Delayed Payment 
 If the Buyer delays any Advance Payment, the Buyer shall pay a penalty at a daily rate of 0.1% of the payable sum.
If any Advance Payment is delayed for thirty days and is still not fully made by the Buyer, the Seller is entitled to terminate this Agreement at any time thereafter. In case of such termination by the Seller, in addition to the above cumulative
penalty for Advance Payment, the Buyer shall pay a penalty at 5% of the Total Agreement Price as set forth in Exhibit B hereto. The Seller may also not terminate this Agreement and penalty continues to be calculated cumulatively. If the Buyer delays
any Payment for Goods and the delay is within thirty days, the Seller may give a notice of default correction to the Buyer and the Buyer shall timely correct its default. If the delay reaches thirty days and the Buyer fails to make correction, from
the 31st day, the Buyer shall pay a penalty at a daily rate of 0.05% of such Payment for Goods. If the delay reaches ninety days and the Buyer fails
to make full Payment for Goods, the Seller is entitled to terminate this Agreement at any time thereafter. In case of such termination by the Seller, in addition to the above cumulative penalty, the Seller may request the Buyer to pay a penalty
covering the full amount of the unperformed portion of the Products the Buyer undertakes to purchase within the term of this Agreement (as set forth in Exhibit B); or (a) request the Buyer to pay the above cumulative penalty, (b) forfeit
the balance of the Advance Payment already made by the Buyer and (c) request the Buyer to bear a penalty at 15% of the unperformed portion of the Total Agreement Price as specified in Exhibit B hereto. The Seller may also not terminate this
Agreement and the penalty in (a) continues to be calculated cumulatively. 
  

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 8.4 Seller’s Defaulting Liability 
 Except the circumstance as set forth in Article 3.3 hereof, if the Seller delays delivery of goods or delivered
goods do not reach the agreed quantity, and the delay is within thirty days, the Buyer may give a notice of default correction to the Seller and the Seller shall timely correct its default. If the delay reaches thirty days and the Seller fails to
make correction, from the 31st day, the Seller shall pay a penalty at a daily rate of 0.05% of the payment for the goods that shall be delivered but
not delivered. If the delay reaches ninety days and the Seller fails to make delivery, the Buyer is entitled to terminate this Agreement at any time thereafter. In case of such termination by the Buyer, the Buyer may request the Seller to
(a) pay the above cumulative penalty; (b) refund the balance of the Advance Payment already made by the Buyer and pay to the Buyer a penalty at 50% of the balance of the Advance Payment (if any); and (c) bear a penalty at 7.5% of the
unperformed portion of the Total Agreement Price as specified in Exhibit B hereto. The Buyer may also not terminate this Agreement and the penalty in (a) continues to be calculated cumulatively. 
 8.5 The Parties acknowledge and agree that the possible losses resulting from the breach of this Agreement are already predicted at the conclusion of this Agreement, the
calculation method of damages is the same as that of penalty and the amount of damages payable by the breaching Party does not exceed the maximum penalty payable to the other Party. The Parties hereby further agree to waive the right to demand
adjustment if penalty is higher than actual damages as stipulated in Article 114 of the “Contract Law of the People’s Republic of China”. 
 9. Notices 
 All certificates or notices required hereunder shall be given in writing and addressed or delivered to the following
representative (s). Notices shall be deemed received (a) upon delivery, when personally delivered; (b) upon receipt, when sent via registered or certified mail; and (c) on the second business day, when sent via EMS. Copies of all
general correspondences regarding this Agreement shall also be sent to these representative (s): 
 If to the Seller: 
 Jiangsu Zhongneng Polysilicon Technology Development Co., Ltd. 
 Address: 66# Yangshan Road, Xuzhou Economic Development Zone, Jiangsu Province 
 Attn.: Zhu Guomin, General
Manager 
 If to the Buyer: 
 Changzhou Trina Solar Energy Co., Ltd. 
 Address: 2# Tianhe Road, Xinbei District Electronic Industry Park, Changzhou,
Jiangsu Province 
 Attn.: Zhu Yu, Vice President 
 If the Buyer or the Seller needs to change its representative receiving notices, it shall give a written notice to the other Party. All the communications and correspondences between the Parties shall comply with the
cooperation procedures that are to be agreed upon by the Parties. 
  

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 10. Language 
 It is
hereby acknowledged by the Parties that this Agreement is written in both Chinese and English languages, two versions are equally authentic and in case of any discrepancy, the Chinese version shall prevail. 
 11. Applicable Law 
 The validity, interpretation and performance of
this Agreement shall be governed by the laws of the People’s Republic of China, excluding the laws of any country other than the People’s Republic of China and without regard to its conflict of law provisions. 
 12. Arbitration 
 Except as otherwise specified herein, any dispute,
controversy or claim arising out of or in connection with this Agreement, including any question regarding its breach, termination or invalidity, shall be finally resolved by the China International Economic and Trade Arbitration Commission Shanghai
Sub-commission (“CIETAC”) in accordance with CIETAC’s domestic arbitration rules then in effect. The seat of arbitration shall be Shanghai. The language to be used in arbitration proceedings shall be Chinese. 
 The arbitral award made and given by the arbitrators shall be final, binding and incontestable and may be used as the basis for a judgment by any court of competent
jurisdiction. Arbitration expenses (including, but not limited to the expenses arising from the appointment of arbitrators) shall be borne by the Parties according to the arbitral award. 
 13. No Waiver 
 The failure of a Party to insist upon or enforce strict performance of any of the provisions of this
Agreement or to exercise any of its rights under this Agreement shall not be construed as a waiver or relinquishment to any extent of such Party’s right to assist or rely upon any such provisions or rights in that or any other instance.

 14. Severability 
 If any provision of this Agreement
is held to be invalid or unenforceable under applicable laws, such invalid or unenforceable provision shall be construed to the maximum extent permitted by laws so that it is valid or enforceable to the greatest extent possible. The remaining
provisions of this Agreement shall continue in full force and effect. 
 15. Assignment 
 Except for the circumstances as set forth in Article 2.7 above, the Buyer or the Seller shall not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of the other
Party. Any assignment hereof without the consent of the other Party shall be ineffective. 
 16. Survival 
 All the remedial obligations, indemnities, and confidentiality rights and obligations provided for herein shall survive the cancellation, expiration or termination
hereof. 
 17. Amendment 
 No amendment, modification or
waiver of any provision of this Agreement shall be effective except by a written instrument signed by the Buyer and the Seller. 
  

 - 12 - 

 18. Entirety 
 This
Agreement and its exhibits attached hereto constitute the entire agreement reached by the Parties with respect to the subject matter hereof and supersede and replace any and all prior or contemporaneous agreements or understandings reached by the
Parties with respect to the subject matter hereof. 
 19. Effectiveness 
 This Agreement shall go into effect as of the date when it is signed and sealed by the Parties. 
 (No text below)

  

 - 13 - 

 (Signature page) 
 Seller: Jiangsu Zhongneng Polysilicon Technology Development Co., Ltd. 
 (Company seal) (seal of Jiangsu Zhongneng Polysilicon Technology
Development Co., Ltd.) 
 (Signature of authorized representative) /s/________________ 
 Signing date: March 29, 2008 
 Buyer: Changzhou Trina Solar Energy Co., Ltd. 
 (Company seal) (seal of Changzhou Trina Solar Energy Co., Ltd.) 
 (Signature
of authorized representative) /s/________________ 
 Signing date: March 29, 2008 
  

 - 14 - 

 Exhibit A Technical Indexes of Solar Grade Polysilicon 
  

	 [****]†
	 

  

	 †
	 This portion of the contract has been omitted and filed separately with the Securities and Exchange Commission, pursuant
to Rule 406. 

  

 - 15 - 

 Exhibit B Trina Solar Monthly Supply Quantity, Purchase Price and Advance Payments 
 2008 Monthly Plan of Supply and Purchase Price 
  

																																	
	 Month
	 	Unit	 	April	 	 	May	 	 	June	 	 	July	 	 	Aug	 	 	Sept	 	 	Oct	 	 	Nov	 	 	Dec	 	 	Total	 
	 Planned quantity of Polysilicon supplied
	 	Ton	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	300	 
	 Price
	 		 			 			 			 			 			 			 			 			 			 		
	 Unit price excluding tax (RMB)
	 	RMB/kg	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 		
	 Total price excluding tax
	 	RMB	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†
	 Unit price with tax included (RMB)
	 	RMB/kg	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 		
	 The then current applicable tax rate
	 		 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 		
	 Monthly settlement date
	 		 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 		
	 Total price with tax included
	 	Yuan	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†
				
	2009-2010 Plan of Supply and purchase price	 	 			 			 		
				
	 Year
	 	Unit	 	Year 2009	 	 	2010

	 
	 Quarter
	 	 	 	1st quarter	 	 	2nd quarter	 	 	3rd quarter	 	 	4th quarter	 	 	Total	 	 	1st quarter	 	 	2nd quarter	 	 	3rd quarter	 	 	4th quarter	 	 	Total	 
	 Planned quantity of Polysilicon supplied
	 	Ton	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	850	 	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	1950	 
	 Unit price with tax included (RMB)
	 	RMB/kg	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 			 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 		
	 Total price with tax included
	 	RMB	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†
	
	Plan of supply by 8-year long-term contracts and purchase price	 
												
	 Year
	 	 	 	2008	 	 	2009	 	 	2010	 	 	2011	 	 	2012	 	 	2013	 	 	2014	 	 	2015	 	 	Total	 	 	 	 
	 Quantity
	 	Ton	 	300	 	 	850	 	 	1950	 	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	16350	 	 		
	 Unit price with tax included (RMB)
	 	RMB/kg	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 		
	 Total price with tax included
	 	RMB	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 	[****]	†	 		
	 Advance payment
	 	RMB	 			 			 			 			 			 			 			 			 			 		
	 Payment deadline for advance payments
	 	Deadline
of
payment	 	[****]	†	 	[****]	†	 	[****]	†	 			 			 			 			 			 			 		
		 	RMB	 	[****]	†	 	[****]	†	 	[****]	†	 			 			 			 			 			 	[****]	†	 		

 Terms: 
  

	 1.
	 [****]† 

  

	 2.
	 [****]†

  

	 3.
	 [****]†

  

	 4.
	 [****]†

  
  

	 †
	 This portion of the contract has been omitted and filed separately with the Securities and Exchange Commission, pursuant
to Rule 406. 

  

 - 16 -First Amendment to Equipment Loan and Security Agreement and Waiver

 Exhibit 10.66 
 FIRST AMENDMENT 
 TO 
 EQUIPMENT LOAN AND SECURITY AGREEMENT AND WAIVER 
 THIS FIRST AMENDMENT TO
EQUIPMENT LOAN AND SECURITY AGREEMENT AND WAIVER (this “Amendment”), is made and entered into as of June 24, 2008 (the “Execution Date”), and is made effective as of May 31, 2008, between ANESIVA,
INC., a Delaware corporation (“Borrower”) and GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (“Lender”), as Lender. 
 W I T N E S S E T H: 
 WHEREAS, the Borrower and Lender are parties to that certain Equipment Loan and Security Agreement, dated as of August 30, 2007 (as amended, restated, supplemented or otherwise modified from time to time,
the “Loan Agreement”; capitalized terms used herein and not otherwise defined herein shall have the meanings given such terms in the Loan Agreement), pursuant to which Lender committed to make certain loans to Borrower upon the
terms and conditions set forth therein; and 
 WHEREAS, as of the date hereof, a Default and Event of Default exist due to the failure
on the part of the Borrower to comply with Section 2.7(b) of the Loan Agreement as a result of Borrower’s failure to pay the Unused Facility Fee due on May 31, 2008 (the “Specified Default”); and 
 WHEREAS, Borrower has requested that Lender waive its rights with respect to the Specified Default and Lender is willing to grant such waiver
solely in accordance with and subject to the terms and conditions of this Amendment; and 
 WHEREAS, Borrower and Lender desire to
modify the Loan Agreement in accordance with and subject to the terms and conditions set forth herein. 
 NOW, THEREFORE, in
consideration of the premises, the covenants and agreements contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Borrower and Lender do hereby agree as follows: 
 1. Acknowledgments And Agreements 
 (a) Acknowledgment of Obligations. Borrower hereby acknowledges, confirms and agrees that as of the close of business on June 17, 2008, Borrower is indebted to Lender in respect of the Credit Extensions in
the aggregate principal amount of $10,920,263.67. All such Credit Extensions and any other Obligations, together with interest accrued and accruing thereon, and fees, costs, expenses and other charges now or hereafter payable by Borrower to Lender,
is unconditionally owing by Borrower to Lender, without offset, defense or counterclaim of any kind, nature or description whatsoever. 

 (b) Acknowledgment of Default. Borrower hereby acknowledges and agrees that the
Specified Default has occurred and, prior to the effectiveness of this Amendment, is continuing and constitutes an Event of Default which entitles the Lender to exercise its rights and remedies under the Debt Documents, applicable law or otherwise.
Borrower hereby acknowledges and agrees that the Lender has the presently exercisable right to cease funding and declare the Obligations to be immediately due and payable under the terms of the Debt Documents. 
 (c) Acknowledgment of Lender. Lender hereby acknowledges and agrees that, as of the Execution Date, Lender has not declared any or
all of the Obligations to be immediately due and payable under the terms of the Debt Documents as a result of the Specified Default. 
 2.
Waiver Of Specified Default 
 (a) Waiver. In reliance upon the representations, warranties and
covenants of the Borrower contained in this Amendment, and subject to the terms and conditions of this Amendment and any documents or instruments executed or delivered in connection herewith, the Lender hereby waives the Specified Default;
provided that the Borrower shall remain obligated to make such deliveries and otherwise comply with the new delivery deadline provided in Sections 3 and 4 of this Amendment with respect to payment of the Unused Facility
Fee. 
 (b) No Other Waivers; Reservation of Rights. 
 (i) The Lender has not waived, nor is this Amendment waiving, (i) any Default or Event of Default which may be continuing on the date
hereof (other than the Specified Default to the extent expressly set forth herein) or (ii) any Default or Event of Default which may hereafter arise (whether the same as or similar to the Specified Default or otherwise). 
 (ii) The Lender reserves the right, in its discretion, to exercise any or all of its rights and remedies under the Loan Agreement and the
other Debt Documents as a result of any Default or Event of Default (other than the Specified Default to the extent expressly set forth herein) which may be continuing on the date hereof or any Default or Event of Default (other than the Specified
Default to the extent expressly set forth herein) which may occur after the date hereof, and nothing in this Amendment, and no delay on the part of the Lender in exercising any such right or remedy, shall be construed as a waiver of any such right
or remedy. 
 3. Amendments to the Loan Agreement. Subject to the terms and conditions of this Amendment, the Loan Agreement is
hereby amended as follows: 
 (a) Section 2.2 of the Loan Agreement is amended by deleting the reference to
“May 31, 2008” in clause (b) thereof and replacing it with “September 30, 2008.” 
 (b)
Section 2.7 of the Loan Agreement is hereby amended by deleting clause (b) thereof in its entirety and replacing it with the following: 
  

 -2- 

 “(b) ‘Unused Facility Fee’. Borrower shall pay to Lender (i) the May 31
Unused Facility Fee (as such term is defined in that certain First Amendment to Equipment Loan and Security Agreement and Waiver, dated as of June 24, 2008, between Borrower and Lender (the “First Amendment”)) on the Execution
Date of and as defined in the First Amendment (the “First Amendment Execution Date”) and (ii) promptly, but in any event no later than September 30, 2008, an amount equal to 0.4% of the difference, if any, between the
Total Credit Extension Amount and the aggregate original principal amount of the Notes.” 
 (c) Article 2 of the
Loan Agreement is hereby amended by deleting Section 2.9 thereof in its entirety and replacing it with the following: 
 “Section 2.9 Interest Rate. The interest rate of each Credit Extension evidenced by a Note shall be fixed at a rate equal to (a) for all Credit Extensions made prior to the First Amendment Execution Date, the sum of
(i) the greater of (A) the Treasury Rate (as defined below) or (B) 4.58% plus (ii) 5.33% per annum or (b) for all Credit Extensions on or after the First Amendment Execution Date, the sum of (i) the greater of
(A) the Treasury Rate (as defined below) or (B) 2.70% plus (ii) 7.85% per annum, in each case, which rate shall be set forth in the Note as the “Contract Rate” under that Note. Interest shall be paid in accordance with
the terms and conditions of the Note. As used herein, the term “Treasury Rate” means a per annum rate of interest equal to the rate published by the Board of Governors of the Federal Reserve System in Federal Reserve Statistical Release
H.15 entitled “Select Interest Rates” under the heading “U.S. Government Securities/Treasury Constant Maturities” for the three year treasuries constant maturities rate in effect as of three (3) Business Days prior to the
funding of each Credit Extension, including the initial Credit Extension, as determined by Lender. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the U.S. Treasury note yield to
maturity.” 
 4. Additional Agreements and Covenants. 
 (a) Borrower acknowledges and agrees that prior to giving effect to this Amendment, the Unused Facility Fee as of May 31, 2008 was
$14,404.00 (the “May 31 Unused Facility Fee”). Notwithstanding anything in this Amendment to the contrary, the May 31 Unused Facility Fee shall be payable, and Borrower agrees to pay the May 31 Unused Facility Fee, to
Lender as of the Execution Date. 
 (b) Borrower covenants and agrees to cause those items required to be delivered or actions
required to be taken pursuant to the amendments to the Loan Agreement set forth in Section 3 above to be delivered or taken on or prior to the deadlines set forth in Section 3 for such items or actions. 
 5. Amendment Fee. As consideration for the amendments and waivers contained in this Amendment, Borrower hereby agrees to pay to
Lender an amendment fee in the amount of $21,607.00 in immediately available funds (the “Amendment Fee”). 
  

 -3- 

 6. Conditions Precedent to Effectiveness of this Amendment. The effectiveness of this
Amendment, including the waiver provided in Section 2 above and the amendments set forth in Section 3 above, are subject to the receipt by Lender of the following items: 
 (a) one or more counterparts of this Amendment duly executed and delivered by Borrower; 
 (b) the May 31 Unused Facility Fee; 
 (c) the Amendment Fee; and 
 (d) any and all other documents, instruments or opinions
requested by Lender. 
 7. Representations And Warranties. 
 In order to induce the Lender to enter into this Amendment, Borrower hereby further represents and warrants with and to the Lender as follows: 

(a) Representations and Warranties. After giving effect to the waiver set forth in Section 2 of this Amendment
(provided that such waiver has not by its terms become void), each of the representations and warranties contained in the Debt Documents is true and correct on and as of the Execution Date, except for any representation and warranty that relates by
its terms only to a specified date (in which case, it shall be true on and as of such date) and no Default or Event of Default exists. 
 (b) Ratification and Acknowledgment. Each and every term, covenant and condition set forth in the Loan Agreement and all other Debt Documents, is effective as of the Execution Date. 
 (c) Estoppel. As of the Execution Date, there exists no right of offset, defense or counterclaim in favor of Borrower as against
Lender with respect to the obligations of Borrower to Lender under the Loan Agreement or the other Debt Documents, either with or without giving effect to this Amendment. 
 (d) Binding Effect of Documents. The Loan Agreement, this Amendment, and the other Debt Documents have been duly executed and
delivered to the Lender by such Credit Party and are in full force and effect, as modified hereby. 
 (e) No Conflict,
Etc. The execution and delivery and performance of this Amendment by such Credit Party will not violate any law, rule, regulation or order or contractual obligation or organizational document of such Credit Party and will not result in, or
require, the creation or imposition of any Lien on any of its properties or revenues. 
 8. Additional Events of Default.
Borrower hereby covenants and agrees with the Lender that any failure of Borrower to fully and timely comply with the covenants, conditions and agreements contained in Section 4 of this Amendment or breach by any Credit Party of any of
the representations and warranties made in this Amendment shall constitute an immediate Event of Default under the Loan Agreement, without further action or notice by the Lender. 
  

 -4- 

 9. Provisions Of General Application. 
 (a) Effect of this Amendment. Except as expressly set forth herein, no other changes or modifications to the Debt Documents are
intended or implied and in all other respects the Debt Documents are hereby specifically ratified, restated and confirmed by all parties hereto as of the Execution Date. To the extent of conflict between the terms of this Amendment and the other
Debt Documents, the terms of this Amendment shall control. The Loan Agreement and this Amendment shall be read and construed as one agreement. 
 (b) Strict Compliance. The Lender hereby notifies the Borrower that, effective from and after the Execution Date, the Lender intends to enforce all of the provisions of the Debt Documents and that the Lender
expects that the Borrower will strictly comply with the terms of the Debt Documents from and after this date. 
 (c) Costs
and Expenses. In addition to, and not in limitation of, any other provision contained in the Debt Documents with respect thereto, Borrower absolutely and unconditionally agrees to pay to the Lender, on demand by the Lender, at any time and as
often as the occasion therefore may require, whether or not all or any of the transactions contemplated by this Amendment are consummated, all fees and disbursements of any counsel to the Lender and allocated costs of internal counsel in connection
with the preparation, negotiation, execution, or delivery of this Amendment and any agreements delivered in connection with the transactions contemplated hereby and expenses which shall at any time be incurred or sustained by the Lender or any of
its respective directors, officers, employees or assigns as a consequence of or in any way in connection with the preparation, negotiation, execution, or delivery of this Amendment and any agreements prepared, negotiated, executed or delivered in
connection with the transactions contemplated hereby. 
 (d) Binding Effect. This Amendment shall be binding upon and
inure to the benefit of each of the parties hereto and their respective successors and assigns. 
 (e) Survival of
Representations and Warranties. All representations and warranties made in this Amendment or any other document furnished in connection with this Amendment shall survive the execution and delivery of this Amendment and the other documents, and
no investigation by the Lender or any closing shall affect the representations and warranties or the right of the Lender to rely upon them. 
 (f) Release. 
 (i) In consideration of the agreements of the Lender contained herein
and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Borrower, on behalf of itself and its successors, assigns, and other legal representatives, hereby absolutely, unconditionally and
irrevocably releases, remises and forever discharges Lender and its successors and assigns, and its present and former shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys, employees and other 

  

 -5- 

 
representatives (Lender and all such other Persons being hereinafter referred to collectively as the “Releasees” and individually as a
“Releasee”), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims,
defenses, rights of set-off, demands and liabilities whatsoever (individually, a “Claim” and collectively, “Claims”) of every name and nature, known or unknown, suspected or unsuspected, both at law and in equity,
which Borrower or any of its successors, assigns, or other legal representatives may now or hereafter own, hold, have or claim to have against the Releasees or any of them for, upon, or by reason of any circumstance, action, cause or thing
whatsoever which arises at any time on or prior to the Execution Date, including, without limitation, for or on account of, or in relation to, or in any way in connection with the Loan Agreement or any of the other Debt Documents or transactions
thereunder or related thereto. 
 (ii) Borrower understands, acknowledges and agrees that its release set forth above may be
pleaded as a full and complete defense and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such release. 
 (iii) Borrower agrees that no fact, event, circumstance, evidence or transaction which could now be asserted or which may hereafter be
discovered shall affect in any manner the final, absolute and unconditional nature of the release set forth above. 
 (g)
Covenant Not to Sue. Borrower, on behalf of itself and its successors, assigns, and other legal representatives, hereby absolutely, unconditionally and irrevocably, covenants and agrees with and in favor of each Releasee that it will not sue
(at law, in equity, in any regulatory proceeding or otherwise) any Releasee on the basis of any Claim released, remised and discharged by Borrower pursuant to Section 9 (f) above. If Borrower or any of their respective successors, assigns
or other legal representations violates the foregoing covenant, Borrower, for itself and its successors, assigns and legal representatives, jointly and severally agree to pay, in addition to such other damages as any Releasee may sustain as a result
of such violation, all attorneys’ fees and costs incurred by any Releasee as a result of such violation. 
 (h)
Severability. Any provision of this Amendment held by a court of competent jurisdiction to be invalid or unenforceable shall not impair or invalidate the remainder of this Amendment. 
 (i) Reviewed by Attorneys. Borrower represents and warrants to the Lender that it (a) understands fully the terms of this
Amendment and the consequences of the execution and delivery of this Amendment, (b) has been afforded an opportunity to have this Amendment reviewed by, and to discuss this Amendment and document executed in connection herewith with, such
attorneys and other persons as Borrower may wish, and (c) has entered into this Amendment and executed and delivered all documents in connection herewith of its own free will and accord and without threat, duress or other coercion of any kind
by any Person. The parties hereto acknowledge and agree that neither this Amendment nor the other documents executed pursuant hereto shall be construed more favorably in favor of one than the other based upon which party drafted the same, it being
acknowledged that all parties hereto contributed substantially to the negotiation and preparation of this Amendment and the other documents executed pursuant hereto or in connection herewith. 
  

 -6- 

 (j) Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND
ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF CONNECTICUT. 
 (k) Counterparts. This Amendment may be
executed in any number of counterparts, but all of such counterparts shall together constitute but one and the same agreement. 
 (l) Entire Agreement. The Loan Agreement as amended by this Amendment embodies the entire agreement between the parties hereto relating to the subject matter hereof and supersedes all prior agreements, representations and
understandings, if any, relating to the subject matter hereof. 
 [Remainder of page intentionally blank; 
 next page is signature page] 
  

 -7- 

 IN WITNESS WHEREOF, the parties have caused this First Amendment to Equipment Loan and Security
Agreement and Waiver to be duly executed by their respective officers thereunto duly authorized. 
  

			
	 Borrower:
  
 ANESIVA, INC.

		
	By:	 	/s/ Jean-Frédéric Viret
		 	 Name: Jean-Frédéric Viret
 Title:   Vice President and Chief Financial Officer

	
	 Lender:
  
 GENERAL ELECTRIC CAPITAL CORPORATION,
 as
Lender

		
	By:	 	/s/ Jason Dufour
		 	 Name: Jason Dufour
             Its Duly Authorized Signatory

 Signature page to First Amendment to 
 Equipment Loan and Security Agreement and Waiver

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