Binding Term Sheet Solar Plant Company (SPC) - CONFIDENTIAL -Memc Electronic Materials Inc • August 5th, 2009 • Semiconductors & related devices
This Term Sheet summarizes the discussions both parties had during the last month around forming a solar plant company (“SPC”) for building large scale solar plants and fixes the commercial terms of such a venture. Given the time pressure of forming such a venture before first delivery of cells for the project in June, this letter is meant to have the character of a binding term sheet which the parties’ lawyers will turn into a full legal documentation by the end of July at the latest.
SEPARATION AGREEMENT AND GENERAL RELEASESeparation Agreement • August 5th, 2009 • Memc Electronic Materials Inc • Semiconductors & related devices • Missouri
