Document:

EX-10.1

 Exhibit 10.1 
 Equity Commitment Letter 
 Berkshire Hathaway Inc. 

3555 Farnam Street 
 Omaha, NE 68131 
 February 13, 2013 

Hawk Acquisition Holding Corporation 
 c/o 3G
Capital Partners Ltd. 
 600 Third Avenue 37th Floor 
 New York, New York 10016 
  

	 	Re:	Equity Commitment Letter 

 Ladies and Gentlemen:

 This equity commitment letter (this “Commitment Letter”) sets forth the commitment of Berkshire Hathaway
Inc., a Delaware corporation (“Sponsor”), subject to the terms and conditions contained herein, to purchase certain equity interests of Hawk Acquisition Holding Corporation, a newly formed Delaware corporation
(“Parent”). It is contemplated that, pursuant to an Agreement and Plan of Merger (as amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”) to be entered into as of the date
hereof by and among H.J. Heinz Company, a Pennsylvania corporation (the “Company”), Parent and Hawk Acquisition Sub, Inc., a newly-formed Pennsylvania corporation and a wholly owned subsidiary of Parent (“Merger
Sub”), Merger Sub will merge with and into the Company (the “Merger”), with the Company surviving the Merger as a wholly owned subsidiary of Parent. Capitalized terms used but not defined herein shall have the meaning
ascribed to them in the Merger Agreement. This Commitment Letter is being delivered to Parent by Sponsor in connection with the execution of the Merger Agreement by the Company, Parent and Merger Sub and contemporaneously with the delivery by 3G
Special Situations Fund III, L.P. (“3GSSFIII”) of an equity commitment letter dated as of the date hereof (the “3GSSFIII Commitment Letter”). 
 1. Commitment. Sponsor hereby commits, subject only to the terms and conditions set forth in Section 2, that, simultaneously with the Closing, it shall purchase, or shall cause the purchase
of, one or more classes of equity securities of Parent for an aggregate amount equal to $12.12 billion (the “Commitment”) solely for the purpose of funding, and to the extent necessary to fund, together with the funds provided
pursuant to the 3GSSFIII Commitment Letter (the “3GSSFIII Equity Commitment” and, together with the Commitment, the “Equity Commitments”) and the Debt Commitment Letters, the aggregate amount of Per Share Merger
Consideration and Per Share First Series Preferred Merger Consideration pursuant to and in accordance with the Merger Agreement, together with related fees and expenses contemplated thereby; provided that under no circumstance shall Sponsor
be obligated to contribute to, purchase equity of or otherwise provide funds to Parent in an aggregate amount in excess of the Commitment (the “Cap”). Sponsor may effect its purchase of equity securities of Parent as provided herein
directly or indirectly through one or more affiliated entities, but no such action shall relieve Sponsor of its obligations hereunder. The amount of the Commitment to be funded under this Commitment Letter may be reduced in an amount proposed by
Parent and agreed by Sponsor and 3GSSFIII, but only to the extent that it will nevertheless be possible for Parent to consummate the transactions contemplated by the Merger Agreement in accordance with all requirements therein (and without breaching
the terms of the Debt Commitment Letters or causing the failure of any of the conditions set forth therein). Notwithstanding anything to the contrary contained herein, in no event shall 

  
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Sponsor be liable under any circumstances under this Commitment Letter or otherwise to pay an aggregate amount (whether to Parent, Merger Sub or any other Person), pursuant to this Commitment
Letter in excess of the amount of the Commitment. 
 2. Conditions. The obligation of Sponsor to purchase equity
securities of Parent in the amount of the Commitment shall be subject to the following conditions: (i) the satisfaction, or waiver by Parent and Merger Sub, on or before the Closing, of all of the conditions precedent to Parent’s and
Merger Sub’s obligations set forth in Sections 8.01 and 8.02 of the Merger Agreement (other than those conditions that by their nature are to be satisfied at the Closing, but subject to the satisfaction or waiver of those conditions),
(ii) all the conditions precedent to the Debt Financing as set forth in the Debt Commitment Letters having been satisfied or waived (other than (1) those conditions that by their nature are to be satisfied at the Closing, but subject to
the satisfaction or waiver of those conditions, and (2) the funding of the Equity Commitments) and the concurrent receipt by Parent of the proceeds of the Debt Financing in an amount that, together with the Equity Commitments, is sufficient to
fund the payment of the aggregate amount of Per Share Merger Consideration and Per Share First Series Preferred Merger Consideration pursuant to and in accordance with the Merger Agreement, together with related fees and expenses contemplated
thereby and (iii) the contemporaneous funding of the 3GSSFIII Equity Commitment; provided, that for the avoidance of doubt, the satisfaction or failure of the condition set forth in clause (iii) shall not limit or impair the ability
of Parent or the Company to enforce the obligations of Sponsor under, and in accordance with, this Commitment Letter, if (x) Parent or the Company, as applicable, is also seeking enforcement of the 3GSSFIII Equity Commitment (and the
contemporaneous funding thereof) or (y) 3GSSFIII has satisfied, or is prepared to satisfy, its obligations to fund the 3GSSFIII Equity Commitment. Sponsor’s purchase of equity securities of Parent in the amount of the Commitment will
occur, subject to the foregoing sentence, contemporaneously with the Closing in accordance with the terms of the Merger Agreement. 
 3. Limited Guaranty. Concurrently with the execution and delivery of this Commitment Letter, Sponsor is executing and delivering to the Company a limited guaranty, dated as of the date hereof (the
“Limited Guaranty”) and 3GSSFIII is executing and delivering to the Company a limited guaranty, dated as of the date hereof (the “Other Limited Guaranty”), in each case in favor of the Company in respect of
Parent’s payment obligations under the Merger Agreement, including its obligations to pay the Parent Termination Fee and Parent’s other payment obligations under the Merger Agreement, including any such payment obligations arising out of
or in connection with a breach thereof, in each case pursuant to the terms and conditions of, and subject to the limitations of, the Merger Agreement. The Company’s remedies against Sponsor under the Limited Guaranty and the Company’s
rights to specific performance or an injunction or temporary restraining order to prevent or remedy a breach of this Commitment Letter under and in accordance with the terms of this Commitment Letter are intended to be, the sole and exclusive direct
or indirect remedies available to the Company or any of its Affiliates against (i) Sponsor and (ii) any former, current and future direct or indirect equity holders, controlling persons, directors, officers, employees, agents, Affiliates,
members, managers, general or limited partners, or other representatives of any party hereto, or any of their successors or assignees or any former, current or future direct or indirect equity holder, controlling person, director, officer, employee,
agent, Affiliate, member, manager, general or limited partner, or other representative or successor or assignee of any of the foregoing (other than Parent and Merger Sub) (those persons and entities described in clause (ii), each being referred to
as a “Non-Recourse Party”) in respect of any liabilities, obligations, losses, damages or recovery or any kind (including consequential, indirect or punitive damages, and whether at law, in equity or otherwise) arising under, or in
connection with, this Commitment Letter, the Merger Agreement or any of the transactions contemplated hereby or thereby, including in the event Parent or Merger Sub breaches its obligations under the Merger Agreement, or any duties or obligations
relating thereto or implied therein, whether or not Parent’s or Merger Sub’s breach is caused by Sponsor’s breach of its obligations 

  
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under this Commitment Letter. Notwithstanding anything that may be expressed or implied in this Commitment Letter or any document or instrument delivered in connection herewith, and for the
avoidance of doubt, in no event shall Sponsor have any obligation to make any purchase, payment or contribution hereunder at any time after Sponsor has made full payment under the Limited Guaranty or the Parent Termination Fee has otherwise been
paid in full in accordance with Section 9.05(c) of the Merger Agreement. For the avoidance of doubt, as used in this Commitment Letter, “Non-Recourse Party” shall not include 3GSSFIII. 

4. Enforceability. This Commitment Letter may only be enforced (a) by Parent at the direction of Sponsor or (b) by the
Company directly against Sponsor (i) pursuant to the terms and limitations set forth in Section 10 of this Commitment Letter or (ii) if the Company is entitled to cause Parent to draw down the Commitment pursuant to Section 10.06
of the Merger Agreement. Other than the Company, which is an express third party beneficiary of this Commitment Letter solely for purposes of exercising its rights pursuant to the foregoing clause (b), no third party, including Parent’s
creditors (other than the Company in accordance with the terms of Section 10 of this Commitment Letter) or financing sources, shall have any right to enforce this Commitment Letter or to cause Parent to enforce this Commitment Letter.
Notwithstanding anything to the contrary set forth herein, Parent and the Company, as an express third party beneficiary hereunder, hereby agree that specific performance or an injunction or temporary restraining order to prevent or remedy a breach
of this Commitment Letter shall be the sole and exclusive remedy with respect to any breach by Sponsor of this Commitment Letter and that neither Parent nor the Company may seek or accept any other form of relief that may be available for breach of
this Commitment Letter. 
 5. Representations and Warranties. The Sponsor hereby represents and warrants that:

  

	 	(a)	the Sponsor is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all corporate power and authority to
execute, deliver and perform this Commitment Letter; 

  

	 	(b)	the execution, delivery and performance of this Commitment Letter have been duly authorized by all necessary action and do not and will not (i) contravene any
provision of the Sponsor’s charter, partnership agreement, operating agreement or similar organizational documents, (ii) violate any applicable Law or judgment, order or decree of a Governmental Entity, or (iii) result in any
violation of, or default (with or without notice or lapse of time, or both) under, or give rise to a right of termination, cancelation or acceleration of any obligation or contract to which the undersigned is a party, in any case, for which the
violation, default or right would be reasonably likely to prevent or materially impede, interfere with, hinder or delay the consummation by the Sponsor of the transactions contemplated by this Commitment Letter on a timely basis;

  

	 	(c)	all consents, approvals, authorizations, permits of, filings with and notifications to, any Governmental Entity necessary for the due execution, delivery and
performance of this Commitment Letter by the Sponsor have been obtained or made and all conditions thereof have been duly complied with, and no other action by, and no notice to or filing with, any Governmental Entity is required in connection with
the execution, delivery or performance of this Commitment Letter; 

  

	 	(d)	this Commitment Letter constitutes a legal, valid and binding obligation of the Sponsor, enforceable against the Sponsor in accordance with its terms, except as may be
limited by bankruptcy, insolvency, reorganization, moratorium, and other similar laws of general applicability relating to or affecting creditors’ rights or general equity principles (regardless of whether considered at law or in equity); and

  
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	 	(e)	the Sponsor has and will have the financial capacity to pay and perform all of its obligations under this Commitment Letter for as long as this Commitment Letter shall
remain in effect. 

 The Sponsor acknowledges that the Company has specifically relied on the accuracy of the
representations and warranties contained in this Section 5 in entering into the Merger Agreement. 
 6.
Non-Disclosure. Other than as required by Law, the applicable rules of any national securities exchange or in connection with any applicable securities regulatory agency filings, each of the parties agrees that it will not, nor will it permit
its advisors or Affiliates to, disclose to any person or entity the contents of this Commitment Letter, other than to the Company and its advisors and the Parent’s financing sources and their respective advisors each of whom are instructed to
maintain the confidentiality of this Commitment Letter in accordance herewith. 
 7. No Modification. This Commitment
Letter is being entered into by Parent and Sponsor to induce the Company to enter into the Merger Agreement. This Commitment Letter may not be amended or otherwise modified, and the terms and conditions of this Commitment Letter may not be waived,
without the prior written consent of Parent and Sponsor; provided, however, that any amendment, waiver or modification that would reasonably be expected to adversely affect the rights of the Company shall require the prior written
consent of the Company. This Commitment Letter supersedes all prior agreements, understandings and statements, written or oral, between Sponsor or any of its Affiliates, on the one hand, and Parent or any of its Affiliates, on the other, with
respect to the transactions contemplated hereby. No transfer of any rights or obligations hereunder shall be permitted without the consent of Parent, Sponsor and the Company. Any transfer in violation of the preceding sentence shall be null and
void. 
 8. GOVERNING LAW AND VENUE; WAIVER OF JURY TRIAL. THIS COMMITMENT LETTER SHALL BE DEEMED TO BE MADE IN AND IN
ALL RESPECTS SHALL BE INTERPRETED, CONSTRUED AND GOVERNED BY AND IN ACCORDANCE WITH THE LAW OF THE STATE OF DELAWARE WITHOUT REGARD TO THE CONFLICTS OF LAW PRINCIPLES THEREOF. Each of the parties hereto irrevocably and unconditionally submits to the
exclusive jurisdiction of the Court of Chancery of the State of Delaware, or, if the Court of Chancery of the State of Delaware declines to accept jurisdiction over a particular matter, any federal court within the State of Delaware, of, if both the
Court of Chancery of the State of Delaware and the federal courts within the State of Delaware decline to accept jurisdiction over a particular matter, any other state court within the State of Delaware, and, in each case, any appellate court
therefrom (the “Chosen Courts”), for the purposes of any suit, action or other proceeding arising out of this Commitment Letter (and agrees that no such action, suit or proceeding relating to this Commitment Letter shall be brought
by it or any of its Subsidiaries except in such courts). Each of the parties further agrees that, to the fullest extent permitted by applicable Law, service of any process, summons, notice or document by U.S. registered mail to such person’s
respective address set forth above shall be effective service of process for any action, suit or proceeding in the State of Delaware with respect to any matters to which it has submitted to jurisdiction as set forth above in the immediately
preceding sentence. Each of the parties hereto irrevocably and unconditionally waives (and agrees not to plead or claim), any objection to the laying of venue of any action, suit or proceeding arising out of this Commitment Letter in the Chosen
Courts, or that any such action, suit or proceeding brought in any such court has been brought in an inconvenient forum. EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS COMMITMENT LETTER IS LIKELY TO INVOLVE
COMPLICATED AND 

  
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DIFFICULT ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY ACTION, SUIT OR PROCEEDING
DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS COMMITMENT LETTER. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (I) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY
WOULD NOT, IN THE EVENT OF SUCH ACTION, SUIT OR PROCEEDING, SEEK TO ENFORCE THE FOREGOING WAIVER, (II) EACH PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (III) EACH PARTY MAKES THIS WAIVER VOLUNTARILY AND (IV) EACH PARTY HAS
BEEN INDUCED TO ENTER INTO THIS COMMITMENT LETTER BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 8. 
 9. Counterparts. This Commitment Letter may be executed by facsimile or electronic transmission and in one or more counterparts, and by the different parties hereto in separate counterparts, each
of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement. 
 10. Third Party Beneficiaries. Except to the extent expressly set forth herein, this Commitment Letter shall only inure to the benefit of and be binding upon Parent and Sponsor. Sponsor
acknowledges that the Company has relied on this Commitment Letter and that the Company is an express third party beneficiary hereof and is entitled to specifically enforce the obligations of Sponsor hereunder directly against Sponsor to cause
Sponsor to fund the Commitment, only if all of the conditions set forth in Section 2 have been satisfied and as otherwise contemplated by the exercise of the Company’s rights under Section 10.06 of the Merger Agreement. Except for the
rights of the Company set forth in the immediately preceding sentence, nothing in this Commitment Letter, express or implied, is intended to confer upon any person other than Parent, Sponsor and the Company any rights or remedies under, or by reason
of, or any rights to enforce or cause Parent to enforce, the Commitment or any provisions of this Commitment Letter. 
 11.
Termination. The obligation of Sponsor to fund the Commitment will terminate automatically and immediately upon the earliest to occur of (a) the valid termination of the Merger Agreement in accordance with its terms, (b) the
purchase of equity securities of Parent in performance of Sponsor’s obligations hereunder in connection with the consummation of the Closing (at which time the obligations hereunder shall be discharged in full), (c) the payment of the
Parent Termination Fee in accordance with the terms of the Merger Agreement, (d) the Company or any of its controlled Affiliates or agents acting on behalf of the Company asserting or filing, without limiting any of the Company’s rights
under the Merger Agreement, any claim under or action, suit or proceeding against any Non-Recourse Party relating to this Commitment Letter, and (e) the occurrence of any event which, by the terms of the Limited Guaranty, is an event which
terminates Sponsor’s obligations or liabilities under the Limited Guaranty. 
 12. No Recourse. Notwithstanding
anything that may be expressed or implied in this Commitment Letter or any document or instrument delivered in connection herewith, and notwithstanding the fact that Sponsor may be a partnership or limited liability company, by its acceptance of the
benefits of this Commitment Letter, Parent acknowledges and agrees that no Person other than Sponsor has any obligations hereunder and that no recourse shall be had hereunder, or for any claim based on, in respect of, or by reason of, such
obligations or their creation, against, and no personal liability shall attach to, any Non-Recourse Party, through Parent, Merger Sub or otherwise, whether by or through attempted piercing of the corporate veil, by or through a claim by or on behalf
of Parent against any Non-Recourse Party, by 

  
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the enforcement of any assessment or by any legal or equitable proceeding, by virtue of any statute, regulation or applicable Law, or otherwise; provided, however, that in the event
that prior to the termination of this Commitment Letter in accordance with its terms, Sponsor (i) consolidates with or merges with any other person and is not the continuing or surviving entity of such consolidation or merger or
(ii) transfers or conveys all or a substantial portion of its properties and other assets to any person such that the sum of the remaining net assets (excluding uncalled capital of Sponsor) is less than the Commitment and the transferee thereof
does not assume, directly or indirectly, Sponsor’s obligations hereunder, then, and in each such case, Parent and the Company, solely to the extent provided in Section 10 hereof, may seek recourse, whether by the enforcement of any
judgment, order or decree of any Governmental Entity or assessment or by any legal or equitable proceeding or by virtue of any statute, regulation or other applicable Law, against such continuing or surviving entity or such person, as the case may
be, but only to the extent of the liability of Sponsor under the Limited Guaranty, but nothing shall limit the Company’s rights pursuant to Section 10 hereunder and Section 10.06 of the Merger Agreement. 

13. Severability. If any term or other provision of this Commitment Letter is invalid, illegal or incapable of being enforced by
any rule of law or public policy, all other conditions and provisions of this Commitment Letter shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in
any manner materially adverse to any party hereto. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the Parties shall negotiate in good faith to modify this Commitment Letter so as to
effect the original intent of the parties as closely as possible to the fullest extent permitted by applicable law in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the extent possible. 

14. [Intentionally Omitted]. 
 15. Termination Fee Payment. Parent hereby agrees that if the Merger Agreement is terminated and any Termination Fee is paid by the Company pursuant to the Merger Agreement, then, in settlement and
termination of the rights of Sponsor and 3GSSFIII to purchase stock of Parent hereunder and under the 3GSSFIII Commitment Letter and, after making adequate provision for the payment or reimbursement of applicable expenses (to the extent not paid
directly by the Company pursuant to Section 9.05(d) of the Merger Agreement), Parent shall promptly pay the remaining portion of the Termination Fee to Sponsor and 3GSSFIII or an affiliate or designee thereof, in the proportions as may be
agreed between Sponsor and 3GSSFIII. 
 {signature page follows} 

  
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 Please confirm your agreement with the foregoing by signing and returning one copy of this
Commitment Letter to the undersigned, at which time this Commitment Letter shall become a binding agreement between the parties hereto. 
  

			
	Sincerely,
	
	BERKSHIRE HATHAWAY INC.
		
	By:	 	/s/ Marc D. Hamburg
	Name:	 	Marc D. Hamburg
	Title:	 	Senior Vice President and Chief Financial
		 	Officer

  

			
	CONFIRMED AND AGREED TO
	AS OF THE ABOVE DATE
	
	HAWK ACQUISITION HOLDING CORPORATION
		
	By:	 	/s/ Alexandre Behring
	Name:	 	Alexandre Behring
	Title:	 	President

 {Signature Page to Equity Commitment Letter} 

  
 7EX-10.1

 EXHIBIT 10.1 
 Confidential Treatment Requested by 
 American Superconductor Corporation

  
 

 
 Supply Contract for [**] sets of 

DF2000/ 50Hz Electric Control Systems 
 (According to GL2003/2004 guideline) 
 for the WT2000DF Wind Turbine

 Date: 29th January 2013 
 Contract NO: PPC1687-132012 
 Pages: 11 

The Buyer: 
 Inox Wind
Limited 
 Inox Towers, 17 Sector-16A 
 Noida, Uttar Pradeshi 201301, India 
 The Seller: 

American Superconductor 
 64 Jackson Road 
 MA 01434 – Devens 

USA 
 This Supply Contract (the
“Contract”) is made by and between the Buyer and the Seller, whereby the Buyer agrees to buy and the Seller agrees to sell the under mentioned commodity according to the terms and conditions stipulated below: 

1. Scope of Supply and Contract Price: 
  

	1.1.	[**] ([**]) sets of Electric Control System (hereinafter “ECS”) [**] and Condition Monitoring System (CMS). Each set comprising of: 

 

									
	#	 	
ELECTRIC

CONTROL

SYSTEM
	 	Windtec ID	 	units per WEC	 	Scope of supply
	1	 	Hub Cabinets including Pitch Motor	 	26109798	 	1 set	 	 1 set consist of:

 

•      1pcs 26109799 hub cabinet +HC400

 
 •    1pcs 26109801
hub cabinet +HC410
  

•    1pcs 26109803 hub cabinet +HC420

 
 each hub cabinet includes pitch converter with IO’s, heater,
service switch and service plug
  

•      3 pcs No.10113398 or No.10113715 pitch motors including cables for
motor and speed feedback connection. Each pitch motor with free wheel system, brake and speed feedback.
  

•      Industrial connector

 Confidential Portions of this Exhibit marked as [**] have been omitted pursuant to a request for

 confidential treatment and have been filed separately with the Securities and Exchange Commission. 

 Confidential Treatment Requested by 

American Superconductor Corporation 
 

 
  

									
	2	  	
Nacelle Cabinet
 +NC300
 +NC310
	  	1) 26109896	  	1	  	 1 unit fully
assembled and tested cabinet includes:
  
 •    auxiliary power supply
  

•    auxiliary control and protection

 
 •    contactors and
relays
  

•    PLC IO’s

 
 •    control
panel
  

•    YAW converter

 
 •    lightning
protection (acc. lightning protection system)
  
 •    UPS power supply 24VDC with batteries
  

•    service switch and service plug

 
 •    service
box
  

•    connection terminals

	 	 	 	 	 
	3	  	 Converter

Cabinet

+CC100

+CC101
	  	26109809	  	1	  	 1 fully assembled and tested cabinet
includes:
  

•    AMSC power module (PM3000 with pre charge unit)

 
 •    CAN
Interface
  

•    filter capacitors and resistors

 
 •    generator and
line choke
  

•    contactors and relays

 
 •    cooling
units
  

•    crowbar unit

 
 •    filter system
(e.g. chokes etc.)
  

•    circuit breaker

 
 •    water cooling
distribution
  

•    total power measurement

 
 •    lightning
protection (acc. lightning protection system)
  
 •    connection terminals

	 	 	 	 	 
	4	  	 Tower Base
Cabinet
 +TBC100Internal Power Supply Cabinet
 +IPS100
	  	26109899	  	1	  	 1 unit fully assembled and tested cabinet
includes:
  

•    PLC and PLC IO’s

 
 •    Relays, fuses,
control panel,
  

•    Power supply with built in UPS system

 
 •    Service
plugs
  

•    Lighting protection (acc. Lightning protection system)

 
 •    Cable
glands
  
 1 unit fully assembled and tested cabinet includes:

 
 •    auxiliary
control and protection
  

•    contactors and relays

 
 •    PLC IO’s
and CPU
  

•    UPS power supply 24VDC with batteries

 
 •    service
switch
  

•    control panel

 
 •    connection
terminals

  
 Confidential
Portions of this Exhibit marked as [**] have been omitted pursuant to a request for 
 confidential treatment and have been filed
separately with the Securities and Exchange Commission. 

 Confidential Treatment Requested by 

American Superconductor Corporation 
  

 
  

									
	5	  	SCADA package including wtDataCenter	  	26112620	  	1	  	 •      Configuration tool
  

•      Wind farm overview page

 

•      User management

 

•      LiveDataCollector

 

•      RecordedDataCollector

 

•      Live data pages

 

•      Report generation

 

•      Alarms and notifications

 

•      Remote update application

 

•      Time application

 

•      Enhanced analysing and report tool

 

•      Correct description:

 

•      wtSCADA Server: SCADA system for wind farm server

 

•      wtSCADA Client: GUI to visualize all monitored turbines

 

•      wtCommissioner: SCADA system for commissioning and trouble
shooting
  

•      wtDataCenter: Analysis tool for Licensed wind turbines and wind
farms
  

•      Detailed document for each of the above mentioned software
packages

	 	 	 	 	 
	6	  	 Over Voltage
Protection
 Cabinet
 +OVP400
	  	26109796	  	1	  	
•      lightning protection (acc. lightning protection system)

 

•      industrial connector

	 	 	 	 	 
	7	  	Control Software	  	26112620	  	1	  	
•      Control software for yaw-, pitch-, converter system and PLC

 

•      Correct description:

 

•      Control software for yaw-, pitch-, converter system and PLC

 

•      software description including parameter, warning and error
description, hardware module descript

 1.2 The ECS sets shall be completely new, advanced in technology and reliable. In the event Buyer desires Seller to
provide ECS that are compatible with GL 2010 when it is implemented, such change shall be negotiated and added to this contract by a mutually agreed amendment signed by the parties. 
 1.3 The price for each of the [**] ([**]) ECS, FCA Shanghai, China and/or any place in Austria, excluding VAT shall be: EUR [**] (EURO [**] ONLY). The price for the total [**] ([**]) sets,
FCA Shanghai, China and/or any place in Austria, excluding VAT shall be: EUR 23,950,000.00 (EURO TWENTY THREE MILLION NINE HUNDRED FIFTY THOUSAND ONLY). 
 TOTAL CONTRACT PRICE: 
 The total contract price, FCA Shanghai, China and/or any place in
Austria, of the ECS, excluding VAT shall be: EUR 23,950,000.00 (EURO TWENTY THREE MILLION NINE HUNDRED FIFTY THOUSAND ONLY). 

1.4 The ECS sets shall be completely new, advanced in technology and reliable. 

  
 Confidential
Portions of this Exhibit marked as [**] have been omitted pursuant to a request for 
 confidential treatment and have been filed
separately with the Securities and Exchange Commission. 

 Confidential Treatment Requested by 

American Superconductor Corporation 
  

 
  

 1.5 If Buyer’s financial condition at any time does not justify continuance of the work to be
performed by Seller hereunder on the agreed terms of payment, Seller may require full or partial payment in advance and suspend further delivery until such payment is paid. In the event of Buyer’s bankruptcy or insolvency or in the event any
proceeding is brought against Buyer, voluntarily or involuntarily, under the bankruptcy or any insolvency laws, Seller shall be entitled to cancel any order then outstanding at any time during the period allowed for filing claims against the estate
and shall receive reimbursement for its proper cancellation charges. Seller’s rights under this Article are in addition to all rights available to it at law or in equity. 
 2. Delivery Period:   
 2.1 The Sets of ECS shall be delivered
according to the time and quantity below. The delivery plan can be changed by written agreement of the Parties with a six month advance notice. 

Despatch Schedule for an order of [**] Sets. 
  

					
	 Sl No
	  	 Despatch FCA Shangahi, China and/or any place in Austria
	  	 Quantity

	1	  	March 2013	  	[**]
	2	  	April 2013	  	[**]
	3	  	May 2013	  	[**]
	4	  	June 2013	  	[**]
	5	  	July 2013	  	[**]
	6	  	August 2013	  	[**]
	7	  	September 2013	  	[**]
	8	  	October 2013	  	[**]
	9	  	November 2013	  	[**]
	10	  	December 2013	  	[**]
	11	  	January 2014	  	[**]
	12	  	February 2014	  	[**]
	13	  	March 2014	  	[**]
	14	  	April 2014 – July 2014	  	[**]
		  	Total	  	[**]

 2.2 The terms and conditions of delivery shall be interpreted in accordance with INCOTERMS 2010 (International Commercial
Terms) and its supplements published by the International Chamber of Commerce. Delivery of the ECS or any part thereof at FCA Shanghai, China and / or any place in Austria, is to the sole discretion of Seller. 

3. Payment Conditions: 
  

	1)	Down payment, equivalent to [**]% of total value of ECS, for the numbers to be despatched 4 months before the shipment of the ECS and will be paid by Telegraphic
Transfer against commercial invoice from Seller. 

  

	2)	Four weeks before each shipment according to table in article 2.1, an irrevocable Letter of Credit (L/C) in a form and format acceptable to the Seller and in an amount
of [**]% of each shipment value shall be issued by a first-class bank. 

 The L/C shall be according to UCP 600.
The L/C shall be valid for 60 days and shall include provisions for deferred payment by the Buyer of [**] days from the date of FCR (Forwarder’s Certificate of Receipt), and all interest charges shall be to the account of the Buyer/applicant.
L/C charges in India shall be borne by the Buyer and All L/C charges outside India shall be borne by the Seller. If said L/C is not issued within the specified time frame, the associated shipment date will be extended accordingly. 

 

	(3)	The Seller may, by written notice of default sent to Buyer, terminate the Contract in whole or in part, if Buyer fails to arrange payment as provided in this Article
and such breach continues for more than one hundred and twenty (120) days 

  
 Confidential
Portions of this Exhibit marked as [**] have been omitted pursuant to a request for 
 confidential treatment and have been filed
separately with the Securities and Exchange Commission. 

 Confidential Treatment Requested by 

American Superconductor Corporation 
  

 
  

	(4)	Bank information of the Parties is as follows: 

  

			
	Buyer:	  	 ICICI Bank Limited (Vadodara Branch)
 Landmark, Race Course Circle
 Vadodara 390007, Gujarat, India

		
		  	 YES Bank Ltd.
 102/103,
CG Centre
 CG Road, Panchwati,

Ahmedabad-380009

		
		  	 IDBI Bank Ltd.
 46A,
Gautam Nagar
 Race Course Road,

Vadodara - 390009.

		
		  	 Axis Bank Ltd.
 B-2
& B-3, Sector 16,
 Noida Main Branch

Noida

		
		  	 IndusInd Bank Ltd.

World Business House, M.G. Road
 Near Parimal
Garden, Ellis Bridge
 Ahmedabad-380006.

		
		  	 HDFC Bank Ltd.
 6th
Floor, Midway Heights,
 Nr. Panchmukhi Hanuman Temple,
 Kala Ghoda, Raopura,
 Vadodara – 390 001

		
		  	 ING Vysya Bank Ltd.

Plot No. C-12, G Block, 8th Floor,
 BKC, Bandra
(East),
 Mumbai – 400051

		
	Seller:	  	 HSBC Bank USA, National Association
 2 Hanson Place, 14th Floor,
 Brooklyn, New York, NY 11217

USA

		
		  	 S.W.I.F.T.: MRMDUS33
 Telex:
62822 MMB NY
 Speedlink: MMLCR

		
		  	 Actual Bank connection:

American Superconductor Corporation
 64 Jackson
Road, MA 01434, Devens, USA

  
 Confidential
Portions of this Exhibit marked as [**] have been omitted pursuant to a request for 
 confidential treatment and have been filed
separately with the Securities and Exchange Commission. 

 Confidential Treatment Requested by 

American Superconductor Corporation 
  

 
  

			
		  	 Down payment (cash):

Silicon Valley Bank
 3003 Tasman Drive, Santa
Clara CA 95054, USA
 Swift: SVBKUS6S

Aba #: 121140399
 Account no:
[**]

		
		  	 Intermediary bank:
 Standard Chartered Bank (Frankfurt) GmbH
 Frankfurt, Germany

SCBLDEFX

		
		  	 Letter of Credit:
 HSBC Bank USA, N.A
 452 Fifth Avenue

New York, N.Y
 Swift: MRMDUS33
 Aba #: 021001088

Account no: [**]

 4. The Seller shall supply the following documents: 

 

	4.1	Commercial invoice in total amount of the goods; 

  

	4.2	Original packing list in 3 copies issued by the seller; 

  

	4.3	Original Certificate of Origin issued by Seller’s Chamber of Commerce 

 

	4.4	FCR (Forwarder’s Certificate of Receipt) 

Delivery notice: 
 Seller shall complete the
delivery of ECS in batches and on time as required in article 2. Buyer will be informed about the exact date of shipment in advance. Buyer shall take delivery of the shipment according to the schedule specified in Article 2 above. Proper handling
documents shall be provided to the Buyer beforehand for Buyer’s safe handling. 
 5. Packing and Marking: 

5.1 Unless otherwise specified in the Contract, the ECS sets shall be packed by Seller in a proper manner for long-distance and sea transport. In case
Buyer request a change in the packaging of the ECS and such request results in additional costs to the Seller, Buyer shall pay Seller such additional costs prior to Seller complying with such request. The Seller shall be responsible for repairing or
replacing any Products that are corroded, damaged or lost during transit due to Seller’s improper packaging or incorrect protection measures. Buyer and / or its appointed representative may inspect the ECS sets and its packaging at Buyer’s
sole cost and expense. Seller shall notify Buyer 20 days before delivery to afford Buyer time to inspect the ECS and its packaging. If Buyer does not arrive at the site 7 days before shipment, it shall be deemed that Buyer abandons the right to
inspect. 
 The following documents shall be enclosed on each package of the ECS sets: 

 

	 	•	 	 One copy of detailed packing list; 

  

	 	•	 	 Two (2) Shipping Marks showing the consignees address, PL-Number and number of each package. 

  
 Confidential
Portions of this Exhibit marked as [**] have been omitted pursuant to a request for 
 confidential treatment and have been filed
separately with the Securities and Exchange Commission. 

 Confidential Treatment Requested by 

American Superconductor Corporation 
  

 
  

 6. Intellectual Property Right (IPR): 

Seller shall indemnify, defend and hold Buyer harmless against all claims, liabilities, damages, expenses, judgments and losses (including reasonable
attorneys’ fees) (“Losses”) arising from alleged infringement of any patent as a result of Buyer’s use of the ECS sets, provided Buyer provides to Seller prompt written notice of any claim, reasonable assistance, and control over
the negotiation, litigation, and settlement of such claim.
 In the event that a final injunction is obtained against Buyer’s use of the
ECS sets, or if in Seller’s opinion any ECS sets may become the subject of an injunction, Seller may, at its option and expense, (i) procure for Buyer the right to continue using the ECS sets, (ii) replace or modify the ECS sets so
that it becomes non-infringing, or (iii) accept the return of the ECS sets and refund to Buyer the purchase price therefore as depreciated on a straight-line 5 year basis. Seller may withhold further shipments of any such ECS sets.

 Seller shall not have any liability or responsibility to Buyer to the extent that any infringement or claim thereof or injunction is based
upon:- 
  

	 	(i)	use of ECS sets in combination with equipment or software not supplied by Seller where the ECS sets would not itself be infringing, 

 

	 	(ii)	compliance with Buyer’s designs, specifications or instructions, 

  

	 	(iii)	use of ECS sets in an application or environment for which it was not designed or not contemplated hereunder, 

 

	 	(iv)	use of ECS sets in any particular application or environment if use in any other application or environment would not be infringing, 

 

	 	(v)	modifications of ECS sets by anyone other than Seller, or 

  

	 	(vi)	any claims of infringement of any patent in which Buyer or any affiliate or customer of Buyer has an interest or license 

7. Inspection: 
 Buyer is
obligated to inspect ECS sets immediately after delivery. If the ECS sets appears not to conform to the respective Contract, Buyer shall notify Seller of such conditions in writing immediately, latest within thirty (30) calendar days from
receipt thereof or in case of hidden defects within thirty (30) calendar days from detection, and afford Seller a reasonable opportunity to inspect the ECS sets. Otherwise, the ECS sets shall be deemed approved by Buyer leading to the
termination of Seller’s warranty obligations. No ECS sets shall be returned without Seller’s consent. 
 If the two Parties can’t
reach an agreement during the inspection, they can first resolve it through negotiation. If the dispute cannot be resolved through negotiation within 10 days, the Parties may engage an internationally-renowned quality inspection company to inspect
the ECS. Fees for such inspection shall be shared equally by the Parties. The Parties shall accept the inspection result of the quality inspection company. 
 8. Warranty: 
 Subject to below section 18, Limitations of Liability, Seller warrants
the ECS sold by Seller to be free from defects in material and workmanship under normal use and service for a period of [**] ([**]) months from the date the ECS are put into service (but in case of PM 3000 it will be [**] months) or [**] ([**])
months from the date of delivery, whichever occurs first, on the condition that payment as provided in Articles 1, 2 of Article 3.1 is made and received in full and without delay. Seller’s sole obligation and Buyer’s exclusive remedy under
this warranty shall be for Seller, at its sole choice, to repair or replace parts proven to be defective within the stated warranty period. Repair or replacement of parts under this warranty shall be done on DDP AMSC India basis. Title and risk of
loss or damage of ECS sets replaced under warranty passes to Buyer in accordance with the Contract as agreed between Seller and Buyer. If Seller determine that the ECS sets for which Buyer has requested warranty service is not eligible for warranty
service for any reason, Buyer shall pay or reimburse Seller for all costs of investigating and responding to such request at Seller’s then prevailing time and materials rates. The warranty for any repaired or replaced parts shall be the balance
of the [**] warranty period. 

  
 Confidential
Portions of this Exhibit marked as [**] have been omitted pursuant to a request for 
 confidential treatment and have been filed
separately with the Securities and Exchange Commission. 

 Confidential Treatment Requested by 

American Superconductor Corporation 
  

 
  

 Exclusions from Warranty - This warranty shall not apply to: ECS that have been repaired or altered
other than by Seller in any way so as, in Seller’s judgment, to affect its reliability; ECS which have been subject to misuse, negligence, or accident, or operating manual instructions/recommendations have not been followed; ECS for which
recommended preventative maintenance has not been followed; material defects caused by normal wear; or equipment that is experimental, developmental or supplied for evaluation purposes. 
 THE FOREGOING LIMITED WARRANTY IS EXCLUSIVE AND IN LIEU OF ALL OTHER WARRANTIES BY SELLER, EXPRESSED OR IMPLIED, ORAL OR WRITTEN, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTY OF MERCHANTABILITY, FITNESS
FOR A PARTICULAR PURPOSE, OR NONINFRINGEMENT. 
 9. Environment, Occupational Health and Security: 

 

	 	9.1	If the Buyer’s inspector carries out inspecting ECS sets at Seller’s factory, the Seller should be responsible for providing a safe working environment for
the Buyer’s inspector and shall inform the inspector of any potential dangers. If the working environment is not safe, the inspector may not perform work until the working environment provided and improved by the Seller meets applicable
security standards. 

  

	 	9.2	When carrying out service in the site of the Buyer, the Seller’s staff shall abide Regulation on Security and Environment Management and comply with the reasonable
instructions of the Buyer’s security engineer in the site. 

  

	 	9.3	The Seller’s packaging materials for packing equipments shall meet environmental requirements. 

 

	 	9.4	The Buyer shall take effective measures to ensure not causing bad effect on environments and the Seller’s site in any equipment transportation. The Buyer shall be
responsible for economical loss of bad effect caused by the Buyer’s negligence on environment and the Seller’s site. 

10. Passing of title and risk: 

Risk shall pass to the Buyer based on FCA Shanghai, China and/or any place in Austria, in accordance with INCOTERMS 2010. 

It is stated and agreed that the forwarder is allowed and obliged to issue a FCR document for the LC when taking over the goods. 

The Forwarder and the mode of transport shall be named by the Buyer at least two weeks before each shipment. If the Buyer doesn’t name a forwarder
on time, the Seller is allowed to nominate a forwarder of his choice and handover the ECS to place at the Buyer’s disposal. 
 All costs
arising are on account of the Buyer. Nominated forwarder shall issue FCR-document after receiving the goods. This FCR shall be accepted by Buyer when presented via the LC. 
 11. Claims: 
 In case the ECS sets supplied by Seller do not meet the specified
technical performance during the warranty period and Seller doesn’t fulfill his responsibility, Buyer has the right to lodge claims against Seller, and Seller shall settle a valid claim upon the agreement of Buyer in the following way:

 At Seller’s option and expense, Seller shall repair or replace the parts proven to be defective. 

  
 Confidential
Portions of this Exhibit marked as [**] have been omitted pursuant to a request for 
 confidential treatment and have been filed
separately with the Securities and Exchange Commission. 

 Confidential Treatment Requested by 

American Superconductor Corporation 
  

 
  

 12. Force Majeure: 
 Neither party shall be held responsible for failure or delay to perform all or any part of this Contract due to flood, fire, earthquake, snowstorm, drought, hailstorm, hurricane, or any other events that
are beyond the control of the affected party and could not reasonably be expected at the time of conclusion of the Contract or have been avoided or overcome by such party. However, the party whose performance is affected by the event of Force
Majeure shall give a notice to the other party of its occurrence as soon as possible and a certificate or a document of the occurrence of the Force Majeure event issued by the relative authority or a neutral independent third party shall be sent to
the other party not later than thirty (30) days after its occurrence. If the Force Majeure event continues for more than One Hundred and Eighty (180) days, both parties shall negotiate the performance or the termination of this Contract.
In the case of such a termination either party shall bear its own costs, further claims for compensation in connection with the termination shall be excluded. 
 13. Taxes and Duties: 
 13.1 All taxes in connection with and in the execution of the
Contract levied by the Indian government in accordance with the tax laws of India shall be borne by Buyer. 
 13.2 All taxes in connection with
and in the execution of the Contract arising outside of India shall be borne by the Seller. 
 Prices quoted by Seller are exclusive of taxes,
and all taxes levied in connection with the entering into and/or performance of this Contract, except for taxes arising outside of India, are the responsibility of and to be borne by the Buyer. Any taxes which Seller may be required to pay or
collect, under any existing or future law, upon or with respect to the sale, purchase, delivery, storage, processing use or consumption of the goods covered hereby are not included in the prices defined above and shall, to the extent permissible by
law, be for the account of the Buyer, who shall promptly pay the amount thereof to Seller upon demand. 
 14. Arbitration:

 Any dispute, controversy or claim between or among the parties, arising out of or relating to this Contract, or the interpretation or
breach thereof, shall be discussed in good faith by members of the senior management of the parties, with a view to an amicable resolution thereof within a 30-day period. 
 Notwithstanding such good faith actions, in the event that any disputes, controversies, or differences arise between Parties out of or in relation to or in connection with this Agreement, which could not
be solved by amicable resolution between the Parties, within 30 days from the commencement of such consultation, such unresolved disputes, controversies or differences shall be finally settled by arbitration pursuant to the rules of the Singapore
International Arbitration Centre (SIAC), except where such rules conflict with this provision, in which case this provision controls. Place of arbitration shall be Singapore, unless the Parties, by mutual written agreement, agree to hold the
arbitration elsewhere. The language of arbitration proceedings shall be the English language. 
 The arbitral award is final and binding upon
both parties. The number of arbitrators shall be three and the seat of the arbitration shall be Singapore. 
 15. Late Delivery and
Penalty: 
 In case of delayed delivery of any shipment, starting from the fourth week of delay and should the Seller fail to make the
announcement of readiness for dispatch on time as stipulated in the Contract, with exception of Force Majeure causes specified in this Contract the Seller agrees to pay penalty which shall be deducted by the paying bank from the payment. The
penalty, however, shall not exceed [**]% of the total value of the goods involved in the late delivery. The rate of penalty is charged at [**]% for every seven days, a delay for more than 4 days (including 4 days) is counted as one complete week. In
case the Seller fails to make delivery ten weeks later than the time of shipment stipulated in the Contract, the Buyer shall have the right to cancel the Contract, and the Seller, in spite of the cancellation, shall still pay the aforesaid penalty
to the Buyer without delay. This penalty shall be Seller’s exclusive liability for delay under this Contract or otherwise. 

  
 Confidential
Portions of this Exhibit marked as [**] have been omitted pursuant to a request for 
 confidential treatment and have been filed
separately with the Securities and Exchange Commission. 

 Confidential Treatment Requested by 

American Superconductor Corporation 
  

 
  

 16. Applicable Law: 
 This Supply Contract shall be governed by and interpreted in accordance with rules of Singapore. 

17. Software: 
 Notwithstanding
any references herein to title, software provided in or with the ECS is licensed and not sold. Buyer shall not copy or modify the software and shall not transfer the software except with the transfer of the ECS, provided no copy of the software is
retained. Buyer agrees to use software only as it is required to be used in the ECS, that it will treat the software as Seller’s confidential information and not disclose it except if the disclosure is required under order of any judicial or
administrative authority, law or regulations applicable to the Buyer, disclosure required by the Government, agency or regulatory authority having jurisdiction over the Buyer or the rules and regulations of any regulated market or recognized stock
exchange, and not to reverse engineer, disassemble, decompile or otherwise alter the software; provided, however, that if reproduction of the code and translation of its form are necessary to obtain the information required to achieve the
interoperability of the software with other programs and if such access and use to the code is mandated by applicable law, Buyer shall inform Seller in writing accordingly and Seller shall notify Buyer within twenty (20) business days from
receipt of Buyer’s request that (i) Seller will perform the work in order to achieve such interoperability and charge a reasonable expense allowance for such work to Buyer, or (ii) Buyer itself is entitled to undertake those actions,
but only to the extent required to achieve the interoperability of the software with other programs. 
 18. Termination:

 Failure to Pay: The Seller may, by written notice of default sent to Buyer, terminate the Contract in whole or in part if Buyer
fails to arrange payment as provided in Article 3 and such breach continues for more than ninety (90) days for reasons other than Force Majeure. In this case, if Seller has started production of the ECS, Buyer shall reimburse Seller for the
costs incurred. If the ECS has been delivered to the Buyer, the Seller may require the Buyer to return such ECS at Buyer’s expense. 

Termination for Breach: If either party breaches this Contract, the non-breaching party shall have the right to terminate this Agreement by providing
written notice of termination if the breach has not been cured within fifteen (15) days following receipt of written notice of the breach. The non-breaching party shall not be obligated to pay for the breaching party’s time or resources to
cure any breach. 
 Termination for Bankruptcy: Either party may, by written notice to the other party, cancel the Contract in the event a party
(i) becomes insolvent or admits its inability to pay its debts generally as they become due; (ii) becomes subject, voluntarily or involuntarily, to any proceeding under any domestic or foreign bankruptcy or insolvency law, which is not
fully stayed within seven (7) business days or is not dismissed or vacated within ninety (90) days after filing; (iii) is dissolved or liquidated or takes any corporate action for such purpose; (iv) makes a general assignment for
the benefit of creditors; or (v) has a receiver, trustee, custodian or similar agent appointed by order of any court of competent jurisdiction to take charge of or sell any material portion of its property or business. 

Survival:. The following provisions shall survive any expiration or termination of this Agreement: Section 16(b) [confidentiality], Section 4
[ownership], Section 6 [indemnification], Section 7 [limitation of liability] and Section 12 [relationship of the parties]. The termination or expiry of this Agreement shall be without prejudice to the rights and remedies either party
may have against the other or which may have accrued up to the date of, or which arise out of, the termination or expiry of the Agreement. 

19. Limitations of Liability: 

Both Seller and Buyer acknowledge and accept that, to the extent permitted by law, the total liability of Seller (including auxiliary persons such as
Seller’s suppliers or manufacturers), on any claim, whether in contract, tort (including negligence), breach of warranty or otherwise, arising out of, connected with, or resulting from the manufacture, sale, storage, delivery, repair,
replacement or use of any ECS shall not 

  
 Confidential
Portions of this Exhibit marked as [**] have been omitted pursuant to a request for 
 confidential treatment and have been filed
separately with the Securities and Exchange Commission. 

 Confidential Treatment Requested by 

American Superconductor Corporation 
  

 
  

 
exceed the loss of Buyer, reasonably foreseeable by Seller at the time of entering into this Contract, which equals to the price of the specific product or service which gives rise to the claim.
The claim for each ECS shall not exceed the value of ECS. Both Seller and Buyer acknowledge and accept that, in the case of IPR infringement, the liability of Seller shall be limited to the value defined in Technology Transfer and License Agreement
dated 17th April 2009 between Seller and Buyer and its amendments, which is the Loss of Buyer, reasonably foreseeable by Seller at the time of entering into this Contract, and Seller’s liability on all such claims shall expire upon the
expiration of the limited warranty. To the extent permitted by law, SELLER (INCLUDING AUXILIARY PERSONS SUCH AS SELLER’S SUPPLIERS OR MANUFACTURERS) SHALL NOT BE LIABLE TO BUYER OR ANY THIRD PARTY FOR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL,
EXEMPLARY, OR OTHER INDIRECT DAMAGES, OR FOR LOSS OF PROFITS OR REVENUES, LOSS OF USE OF THE ECS OR ANY ASSOCIATED WORK, COST OF CAPITAL, CLAIMS OF CUSTOMERS FOR SERVICE INTERRUPTIONS, AND COSTS INCURRED IN CONNECTION WITH PROCURING SUBSTITUTE
GOODS. 
 20. Severability: 
 In the event that any one or more of the provisions of this agreement shall for any reason be held to be unenforceable in any respect under the law of any state or country, such unenforceability shall not
affect any other provision, and this Contract shall then be construed as if such unenforceable provisions had never been contained herein. The invalid provision shall be replaced by a valid and/or enforceable one, which comes as close to the
intended meaning of the parties as possible. 
 21. Notices: 
 Any notice or communication required or permitted hereunder shall be in writing and shall be deemed effective on receipt. For the avoidance of doubt, any notice or communication mailed certified or
registered mail, postage prepaid and return receipt requested shall be deemed received five (5) business days after being mailed or on the date of delivery if delivered in person or by express carrier to the last known address of the other
party. 
 22. Compliance with Law: 
 Buyer shall comply with all applicable governmental laws, ordinances, codes, rules, regulations and orders in its performance hereunder, and shall obtain all permits or licenses required in connection
with the purchase, shipment, installation and use of any of the ECS. 
 23. Restrictions on Buyer’s Use and ReSale of Products:

 Buyer shall only use the Products sold to it by Seller adapted for use with the developed wind turbine in the Technology Transfer and
License Agreement dated 17th April 2009, along with its amendments, between Seller and Buyer and Buyer may not resell to parties other than owners of the Seller’s wind turbine developed under the aforementioned agreement. 

24. Export Restrictions: 
 Export
Restrictions- The Buyer shall be responsible for any required export/import licenses. The obligation of the Buyer to pay for the products shall not in any manner be waived by the delay or failure to secure or renew, or by the cancellation of any
required export/import licenses. Buyer agrees to comply with United States Export Administration Regulations as in effect from time to time and will not re-export any products or data or sell, license or otherwise distribute products or data to any
party in violation of applicable regulations of the United States Department of State or Department of Defense. Buyer will use best efforts to obtain similar assurances from is customers. Buyer will also maintain the necessary records to comply with
United States Export Administration Regulations. 
 25. Effectiveness of the Contract and Miscellaneous: 

The Contract becomes valid on signing by the authorized representatives of the two parties however the Contract shall become null and void automatically
when each party of the Contract has fulfilled its rights and obligations under the Contract. Notwithstanding anything to the contrary herein, Articles 6, 17, 19, 23 and 24 of this Contract shall still be valid. 

  
 Confidential
Portions of this Exhibit marked as [**] have been omitted pursuant to a request for 
 confidential treatment and have been filed
separately with the Securities and Exchange Commission. 

 Confidential Treatment Requested by 

American Superconductor Corporation 
  

 
  

 At the expiration of the contract, any unsettled credit and debt under the contract shall not be
affected by the expiration of the contract. The debtor shall still effect his obligation of reimbursement to the creditor. 
 The Contract shall
be written in English as one complete set. The Contract shall be made in two original sets, one set for each Party. 
 All amendments,
supplements and alternations to the terms and conditions of the contract shall be made in written form and signed by the authorized representatives of the two parties. 
 No assignment of any right or obligation under the contract shall be made by either party to a third party without the previous consent of the other party. 

The communication between the two parties shall be conducted in written form. The fax concerning the important matter shall be confirmed timely by the
registered or express mail. 
  

									
	Inox Wind Limited	 	AMERICAN SUPERCONDUCTOR
					
	BY:	 	 /s/ Rajeev Gupta
	 		 	BY	 	 /s/ James F. Maguire

					
	NAME:	 	 Rajeev Gupta
	 		 	NAME:	 	 James Maguire

					
	TITLE:	 	 Director
	 		 	TITLE:	 	 EVP – Wind Segment

					
	DATE:	 	 January 29, 2013
	 		 	DATE:	 	 February 8, 2013

  
 Confidential
Portions of this Exhibit marked as [**] have been omitted pursuant to a request for 
 confidential treatment and have been filed
separately with the Securities and Exchange Commission.

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