0001193125-09-169066 Sample Contracts

AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • August 7th, 2009 • Ascent Solar Technologies, Inc. • Semiconductors & related devices • Colorado

THIS AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of August 3, 2009 (the “Effective Date”), by and between Ascent Solar Technologies, Inc., a Delaware corporation (the “Company”), and Farhad Moghadam (the “Executive”), and amends and supersedes in its entirety the Executive Employment Agreement between the parties dated as of July 10, 2009.

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ASCENT SOLAR TECHNOLOGIES, INC. THIRD AMENDED AND RESTATED 2005 STOCK OPTION PLAN STOCK OPTION AGREEMENT
Stock Option Agreement • August 7th, 2009 • Ascent Solar Technologies, Inc. • Semiconductors & related devices • Colorado

This STOCK OPTION AGREEMENT (the “Option Agreement”) is made as of August 3, 2009 by and between ASCENT SOLAR TECHNOLOGIES, INC., a Delaware corporation (the “Company”) and Farhad Moghadam (the “Optionee”).

ASCENT SOLAR TECHNOLOGIES, INC.
Restricted Stock Unit Award Agreement • August 7th, 2009 • Ascent Solar Technologies, Inc. • Semiconductors & related devices • Delaware

This RESTRICTED STOCK UNIT AWARD AGREEMENT (the “Agreement”) is made as of August 3, 2009 (the “Date of Grant”) between ASCENT SOLAR TECHNOLOGIES, INC., a Delaware corporation (the “Company”) and Farhad Moghadam (the “Grantee”).

ASCENT SOLAR TECHNOLOGIES, INC. INDUCEMENT AWARD AGREEMENT
Inducement Award Agreement • August 7th, 2009 • Ascent Solar Technologies, Inc. • Semiconductors & related devices • Colorado

This INDUCEMENT AWARD AGREEMENT (the “Award Agreement”) is made as of August 3, 2009 by and between ASCENT SOLAR TECHNOLOGIES, INC., a Delaware corporation (the “Company”), and Farhad Moghadam (the “Optionee”).

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