Document:

ex10-37.htm

    Exhibit 10.37

     

    Amendment
to

    Employment
Agreement

    

    This Amendment is made effective as of
November 2, 2009 by and between First Solar, Inc. a Delaware corporation having
its principal office at 350 West Washington Street, Suite 600, Tempe, Arizona
85281 (hereinafter “Employer”) and David Eaglesham (hereinafter
“Employee”)

    

    WITNESSETH:

    

    WHEREAS,
Employer and Employee are party to an Employment Agreement dated as of December
1, 2008 (the “Employment Agreement”);

     

    WHEREAS,
Employer has promoted Employee to a new position and adjusted Employee’s
compensation to reflect his new role;

     

    WHEREAS,
the parties wish to memorialize these action by amending the Employment
Agreement accordingly;

     

    NOW, THEREFORE, in consideration of the
foregoing premises, and the mutual covenants, terms and conditions set forth
herein, and intending to be legally bound hereby, Employer and Employee hereby
agree that the Employment Agreement is amended as provided herein.

    

    
      	
              1.

            	
              Section
      1.2 of the Employment Agreement is amended to replace the title “Vice President,
      Technology” with the title “Chief Technology
      Officer” and to replace the title of Employee’s supervisor from
      “President” to “Chief Executive
Officer”.

            

    

    

    
      	
              2.

            	
              Section
      2.1 of the Employment Agreement is amended to replace the stated Base
      Salary of “$304,052” with “$350,000”.

            

    

    

    
      	
              3.

            	
              Section
      2.2 of the Employment Agreement is amended to replace the annual bonus
      eligibility percentage from “fifty percent (50%)” to
      “sixty percent
      (60%)”

            

    

    

    
      	
              4.

            	
              Except
      as amended above, the Employment Agreement shall remain in full force and
      effect.

            

    

    

    IN WITNESS WHEREOF, Employer has caused
this Agreement to be executed by one of its duly authorized officers and
Employee has individually executed this Agreement, each intending to be legally
bound, as of the date first above written.

    

    
      	
              EMPLOYER

            	
              EMPLOYEE

            
	
               

               

              /s/
      Robert J. Gillette

               

               

              Robert
      J. Gillette

              Chief
      Executive Officer

            	
               

               

               

              /s/
      David Eaglesham

               

              David
      Eaglesham

            
	 
      	 
      
	 
      	
              Date:  2/15/10ex10-38.htm

    Exhibit 10.38

    Amendment
to

    Employment
Agreement

    

    This Amendment is made effective as of
November 2, 2009 by and between First Solar, Inc. a Delaware corporation having
its principal office at 350 West Washington Street, Suite 600, Tempe, Arizona
85281 (hereinafter “Employer”) and Carol Campbell (hereinafter
“Employee”)

    

    WITNESSETH:

    

    WHEREAS,
Employer and Employee are party to an Employment Agreement dated as of December
15, 2008 (the “Employment Agreement”);

     

    WHEREAS,
Employer has promoted Employee to a new position and adjusted Employee’s
compensation to reflect his new role;

     

    WHEREAS,
the parties wish to memorialize these action by amending the Employment
Agreement accordingly;

     

    NOW, THEREFORE, in consideration of the
foregoing premises, and the mutual covenants, terms and conditions set forth
herein, and intending to be legally bound hereby, Employer and Employee hereby
agree that the Employment Agreement is amended as provided herein.

    

    
      	
              1.

            	
              Section
      1.2 of the Employment Agreement is amended to replace the title “Vice President, Human
      Resources” with the title “Executive Vice President, Human
      Resources” and to replace the title of Employee’s supervisor from
      “President” to “Chief Executive
Officer”.

            

    

    

    
      	
              2.

            	
              Section
      2.1 of the Employment Agreement is amended to replace the stated Base
      Salary of “$230,420” with “$285,000”.

            

    

    

    
      	
              3.

            	
              Section
      2.2 of the Employment Agreement is amended to replace the annual bonus
      eligibility percentage from “fifty percent (50%)” to
      “sixty percent
      (60%)”

            

    

    

    
      	
              4.

            	
              Except
      as amended above, the Employment Agreement shall remain in full force and
      effect.

            

    

    

    

    IN WITNESS WHEREOF, Employer has caused
this Agreement to be executed by one of its duly authorized officers and
Employee has individually executed this Agreement, each intending to be legally
bound, as of the date first above written.

    

    
      	
              EMPLOYER

            	
              EMPLOYEE

            
	
               

               

               

              /s/ Robert J. Gillette

               

              Robert
      J. Gillette

              Chief
      Executive Officer

            	
               

               

               

              /s/ Carol Campbell

               

              Carol
      Campbell

            
	 
      	 
      
	 
      	
              Date:  2-10-10ex10-39.htm

    Exhibit 10.39

    Amendment
to

    Employment
Agreement

    

    This Amendment is made effective as of
November 2, 2009 by and between First Solar, Inc. a Delaware corporation having
its principal office at 350 West Washington Street, Suite 600, Tempe, Arizona
85281 (hereinafter “Employer”) and James Zhu (hereinafter
“Employee”)

    

    WITNESSETH:

    

    WHEREAS,
Employer and Employee are party to an Employment Agreement dated as of December
1, 2008 (the “Employment Agreement”);

     

    WHEREAS,
Employer has promoted Employee to a new position and adjusted Employee’s
compensation to reflect his new role;

     

    WHEREAS,
the parties wish to memorialize these action by amending the Employment
Agreement accordingly;

     

    NOW, THEREFORE, in consideration of the
foregoing premises, and the mutual covenants, terms and conditions set forth
herein, and intending to be legally bound hereby, Employer and Employee hereby
agree that the Employment Agreement is amended as provided herein.

    

    
      	
              1.

            	
              Section
      1.2 of the Employment Agreement is amended to replace the title “Vice President, Corporate
      Controller” with the title “Chief Accounting
      Officer”.

            

    

    

    
      	
              2.

            	
              Section
      2.1 of the Employment Agreement is amended to the stated Base Salary of
      “Two Hundred Twenty-Nine
      ThousandNine
      Hundred Dollars ($229,900)” (which is reflective
      of Employee’s Base Salary on the date of the Employment Agreement, and
      which is currently Two Hundred Forty-Three Thousand Six Hundred Ninety
      Four Dollars ($243,694)) with “Two Hundred Sixty-Eight
      Thousand, Sixty-Four Dollars ($268,064)”.

            

    

    

    
      	
              3.

            	
              Section
      2.2 of the Employment Agreement is amended to replace the annual bonus
      eligibility from “forty
      percent (40%)” to “forty-five percent
      (45%)”

            

    

    

    
      	
              4.

            	
              Except
      as amended above, the Employment Agreement shall remain in full force and
      effect.

            

    

    

    

    IN WITNESS WHEREOF, Employer has caused
this Agreement to be executed by one of its duly authorized officers and
Employee has individually executed this Agreement, each intending to be legally
bound, as of the date first above written.

    

    
      	
              EMPLOYER

            	
              EMPLOYEE

            
	
               

               

               

              /s/ Robert J. Gillette

               

              Robert
      J. Gillette

              Chief
      Executive Officer

            	
               

               

               

              /s/ James Zhu

               

              James
      Zhu

            
	 
      	 
      
	 
      	
              Date:  November
      2, 2009ex10-40.htm

    Exhibit 10.40

    

    Amendment
to

    Employment
Agreement

    

    This Amendment is made effective as of
November 16, 2009 by and between First Solar, Inc. a Delaware corporation having
its principal office at 350 West Washington Street, Suite 600, Tempe, Arizona
85281 (hereinafter “Employer”) and Mary Elizabeth Gustafsson (hereinafter
“Employee”)

    

    WITNESSETH:

    

    WHEREAS,
Employer and Employee are party to an Employment Agreement dated as of February
20, 2009 (the “Employment Agreement”);

     

    WHEREAS,
the Compensation Committee of the Company’s Board of Directors reviewed the base
salary of certain officers following which Employee’s base salary was increased
effective March 22, 2009;

     

    WHEREAS,
Employer has promoted Employee to a new position effective December 1,
2009;

     

    WHEREAS,
the parties wish to memorialize these action by amending the Employment
Agreement accordingly;

     

    NOW, THEREFORE, in consideration of the
foregoing premises, and the mutual covenants, terms and conditions set forth
herein, and intending to be legally bound hereby, Employer and Employee hereby
agree that the Employment Agreement is amended as provided herein.

    

    
      	
              1.

            	
              Section
      1.2 of the Employment Agreement is amended, (i) in the first sentence, to
      replace the title “General Counsel” with the title “Executive Vice
      President, General Counsel and Secretary”, (ii) in the second sentence, to
      replace the title of Employee’s supervisor from “Executive Vice President”
      to “Chief Executive Officer”, and (iii) in the third sentence to replace
      the phrase “or the Employer’s Chief Executive Officer” with the phrase “or
      the Employer’s Board of Directors”.

            

    

    

    
      	
              2.

            	
              Section
      2.1 of the Employment Agreement is amended to replace the stated Base
      Salary of “$325,000” with
“$331,792”.

            

    

    

    
      	
              3.

            	
              Except
      as amended above, the Employment Agreement shall remain in full force and
      effect.

            

    

    

    

    IN WITNESS WHEREOF, Employer has caused
this Agreement to be executed by one of its duly authorized officers and
Employee has individually executed this Agreement, each intending to be legally
bound, as of the date first above written.

    

    
      	
              EMPLOYER

            	
              EMPLOYEE

            
	
               

               

               

              /s/ Robert J. Gillette

               

              Robert
      J. Gillette

              Chief
      Executive Officer

            	
               

               

               

              /s/ Mary Elizabeth Gustafsson

               

              Mary
      Elizabeth Gustafsson

            
	 
      	 
      
	 
      	
              Date:  2-15-10

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