Attached files
file | filename |
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EX-99.1 - EX-99.1 - EVERGREEN SOLAR INC | b80865exv99w1.htm |
EX-32.1 - EX-32.1 - EVERGREEN SOLAR INC | b80865exv32w1.htm |
EX-32.2 - EX-32.2 - EVERGREEN SOLAR INC | b80865exv32w2.htm |
EX-31.1 - EX-31.1 - EVERGREEN SOLAR INC | b80865exv31w1.htm |
EX-99.2 - EX-99.2 - EVERGREEN SOLAR INC | b80865exv99w2.htm |
EX-23.2 - EX-23.2 - EVERGREEN SOLAR INC | b80865exv23w2.htm |
EX-31.2 - EX-31.2 - EVERGREEN SOLAR INC | b80865exv31w2.htm |
Table of Contents
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
10-K/A
(Amendment
No. 1)
þ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
FOR
THE FISCAL YEAR ENDED DECEMBER 31, 2009
OR
o | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from to .
Commission File Number 0-31687
EVERGREEN SOLAR, INC.
(Exact name of registrant as specified in its charter)
Delaware | 04-3242254 | |
(State or other jurisdiction of | (I.R.S. Employer | |
incorporation or organization) | Identification No.) |
138 Bartlett Street | ||
Marlboro, Massachusetts 01752 | (508) 357-2221 | |
(Address of principal executive offices)(zip code) | (Registrants telephone number, including area code) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Name of each exchange on which registered | |
Common Stock, Par Value $.01 Per Share | The NASDAQ Stock Market LLC |
Securities registered pursuant to Section 12(g) of the Act:
None
(Title of class)
None
(Title of class)
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. o Yes þ No
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act.
o Yes þ No
o Yes þ No
Indicate by check mark whether the registrant (1) has filed all reports required to be filed
by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. þ Yes o No
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site,
if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T
during the preceding 12 months (or for such shorter period that the registrant was required to submit and post
such files). Yes o No o
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation
S-K is not contained herein, and will not be contained, to the best of registrants knowledge, in
definitive proxy or information statements incorporated by reference in Part III of this Form 10-K
or any amendment to this Form 10-K. o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated
filer, a non-accelerated filer, or a smaller reporting company. See the definitions of large
accelerated filer, accelerated filer and smaller reporting company in Rule 12b-2 of the
Exchange Act. (Check one):
Large accelerated filer o | Accelerated filer þ | Non-accelerated filer o (Do not check if a smaller reporting company) |
Smaller reporting company o |
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).
o Yes þ No
The aggregate market value of the registrants voting and non-voting common equity held by
non-affiliates as of July 4, 2009 was approximately $421.2 million.
As of February 26, 2010, there were 207,875,047 shares of the registrants Common
Stock, $.01 par value per share, outstanding.
TABLE OF CONTENTS
Explanatory Note | ||||||||
PART IV | ||||||||
SIGNATURES | ||||||||
EXHIBIT INDEX | ||||||||
EX-23.2 | ||||||||
EX-31.1 | ||||||||
EX-31.2 | ||||||||
EX-32.1 | ||||||||
EX-32.2 | ||||||||
EX-99.1 | ||||||||
EX-99.2 |
Table of Contents
Explanatory Note
This Annual Report on Form 10-K/A is being filed as Amendment No. 1 to Evergreen Solars (the
Registrants) Annual Report on Form 10-K for the fiscal year ended December 31, 2009, which was
filed with the Securities and Exchange Commission on March 9, 2010. This Annual Report on Form
10-K/A is filed with the Securities and Exchange Commission solely for the purpose of filing as
Exhibit 99.1 the Sovello AG Audited Financial Statements as at December 31, 2009, and as Exhibit
99.2 the Sovello AG Unaudited Financial Statements as at December 31, 2008 and 2007. In
conjunction with the filing of Exhibits 99.1 and 99.2, this report also includes an updated exhibit
index in respect thereof. Except as described above, this Amendment is not intended to update any
other information presented in the Annual Report as originally filed.
Table of Contents
PART IV
ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.
(a) The following documents are filed as part of this Annual Report on Form 10-K/A:
1. All Financial Statements. The financial statements were previously filed with the Annual
Report on Form 10-K for the fiscal year ended December 31, 2009, filed on March 9, 2010.
2. All other schedules are omitted as the required information is inapplicable or the
information is presented in the Consolidated Financial Statements and notes thereto that were
previously filed with the Annual Report on Form 10-K for the fiscal year ended December 31, 2009,
filed on March 9, 2010.
3. Exhibits. See Item 15(b) below.
(b) Exhibits. See the Exhibit List included after the signature page for this Annual Report
on Form 10-K/A
Table of Contents
SIGNATURES
Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf
by the undersigned on this 12th
day of May, 2010, thereunto duly authorized.
EVERGREEN SOLAR, INC. |
||||
By: | /s/ Richard M. Feldt | |||
Richard M. Feldt | ||||
Chief Executive Officer, President and Chairman of the Board (Principal Executive Officer) |
||||
Name | Title | Date | ||
/s/ Richard M. Feldt
|
Chief Executive Officer, President and Chairman of the Board | May 12, 2010 | ||
Richard M. Feldt
|
(Principal Executive Officer) | |||
/s/
Michael El-Hillow
|
Chief Financial Officer and Secretary | May 12, 2010 | ||
Michael El-Hillow
|
(Principal Financial and Accounting Officer) | |||
/s/ *
|
Director | May 12, 2010 | ||
Allan H. Cohen |
||||
/s/ *
|
Director | May 12, 2010 | ||
Edward C. Grady |
||||
/s/
*
|
Director | May 12, 2010 | ||
Dr. Peter W. Cowden |
||||
/s/
*
|
Director | May 12, 2010 | ||
Tom L. Cadwell |
||||
/s/
*
|
Director | May 12, 2010 | ||
Dr. Susan F. Tierney |
*By: | /s/ Michael El-Hillow | |||
Michael El-Hillow | ||||
Attorney-in-fact |
Table of Contents
EXHIBIT INDEX
Number | Description | Incorporation by Reference | ||
3.1
|
Third Amended and Restated Certificate of Incorporation | Exhibit 3.2 to the Registrants Registration Statement on Form S-1/A, filed on October 3, 2000 | ||
3.2
|
Certificate of the Powers, Designations, Preferences and Rights of the Series A Convertible Preferred Stock of the Registrant | Exhibit 4.4 to the Registrants Registration Statement on Form S-8, dated June 9, 2003 | ||
3.3
|
Certificate of Amendment of Third Amended and Restated Certificate of Incorporation | Exhibit 3.1 to the Registrants Current Report on Form 8-K, dated December 9, 2009, and filed on December 14, 2009 | ||
3.4
|
Second Amended and Restated By-laws | Exhibit 3.4 to the Registrants Registration Statement on Form S-1/A, filed on October 3, 2000 | ||
3.5
|
Amendment No. 1 to Second Amended and Restated By-laws | Exhibit 3.1 to the Registrants Current Report on Form 8-K, dated February 4, 2009 and filed on February 5, 2009 | ||
4.1
|
Indenture between the Company and U.S. Bank National Association, as Trustee, dated as of July 2, 2008 | Exhibit 4.1 to the Registrants Current Report on Form 8-K, dated July 2, 2008 and filed on July 7, 2008 | ||
4.2
|
First Supplemental Indenture between the Company and U.S. Bank National Association, as Trustee, dated as of July 2, 2008 | Exhibit 4.2 to the Registrants Current Report on Form 8-K, dated July 2, 2008 and filed on July 7, 2008 | ||
4.3
|
Form of 4% Senior Convertible Note due 2013 | Exhibit 4.2 to the Registrants Current Report on Form 8-K, dated July 2, 2008 and filed on July 7, 2008 | ||
10.1§
|
1994 Stock Option Plan | Exhibit 10.1 to the Registrants Registration Statement on Form S-1, filed on August 4, 2000 | ||
10.2§
|
Amended and Restated 2000 Stock Option and Incentive Plan | Exhibit 10.1 to the Registrants Current Report on Form 8-K, dated June 18, 2008 and filed on June 23, 2008 | ||
10.3§
|
First Amendment to Amended and Restated 2000 Stock Option and Incentive Plan | Exhibit 10.3 filed with the Registrants Annual Report on Form 10-K filed on March 2, 2009 | ||
10.4§
|
Amended and Restated 2000 Employee Stock Purchase Plan | Exhibits 99.2 to the Registrants Current Report on Form 8-K, dated July 15, 2005 and filed on July 21, 2005 | ||
10.5§
|
First Amendment to Amended and Restated 2000 Employee Stock Purchase Plan | Exhibit 10.2 to the Registrants Registration Statement on Form S-3, dated May 16, 2007 |
E-1
Table of Contents
Number | Description | Incorporation by Reference | ||
10.6
|
Lease Agreement between the Registrant and W9/TIB Real Estate Limited Partnership, dated January 31, 2000, as amended | Exhibit 10.5 to the Registrants Registration Statement on Form S-1, initially filed on August 4, 2000 | ||
10.7
|
Form of Indemnification Agreement between Registrant and each of its directors and certain executive officers | Exhibit 10.9 to the Registrants Registration Statement on Form S-1, initially filed on August 4, 2000 | ||
10.8
|
Amended and Restated License and Technology Transfer Agreement by and between the Registrant and Sovello AG (f/k/a EverQ GmbH)(Sovello), dated September 29, 2006 | Exhibit 10.18 to the Registrants Quarterly Report on Form 10-Q for the period ended September 30, 2006, filed on November 7, 2006 | ||
10.9
|
Stock Purchase Agreement by and between the Registrant and OCI Company Ltd. (formerly DC Chemical Co., Ltd.) (OCI), dated April 17, 2007 | Exhibit 10.1 to the Registrants Current Report on Form 8-K, dated April 17, 2007 and filed on April 17, 2007 | ||
10.10
|
Stockholders Agreement by and between the Registrant and OCI, dated April 17, 2007 | Exhibit 10.2 to the Registrants Current Report on Form 8-K, dated April 17, 2007 and filed on April 17, 2007 | ||
10.11
|
Supply Agreement by and between the Registrant and OCI, dated April 17, 2007 | Exhibit 10.3 to the Registrants Current Report on Form 8-K/A, dated April 17, 2007 and filed on April 23, 2007 | ||
10.12
|
Addendum to the Amended and Restated License and Technology Transfer Agreement between the Registrant and Sovello, dated April 30, 2007 | Exhibit 10.2 to the Registrants Current Report on Form 8-K, dated April 30, 2007 and filed on May 4, 2007 | ||
10.13
|
Supply Agreement between the Registrant and Wacker Chemie AG, effective as of August 31, 2007 | Exhibit 10.1 to the Registrants Quarterly Report on Form 10-Q for the period ended September 30, 2007, filed on November 8, 2007 | ||
10.14
|
Supply Agreement between the Registrant and Solaricos Trading Ltd., dated as of October 24, 2007 | Exhibit 10.34 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2007, filed on February 27, 2008 | ||
10.15
|
Lease Agreement between the Registrant and the Massachusetts Development Finance Agency (MDFA), dated November 20, 2007 | Exhibit 10.36 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2007, filed on February 27, 2008 | ||
10.16
|
Project Grant Agreement between the Registrant and MDFA, dated November 20, 2007 | Exhibit 10.37 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2007, filed on February 27, 2008 | ||
10.17
|
Project Grant Agreement between the Registrant and Massachusetts Technology Park Corporation, dated November 20, 2007 | Exhibit 10.38 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2007, filed on February 27, 2008 |
E-2
Table of Contents
Number | Description | Incorporation by Reference | ||
10.18
|
Supply Agreement by and between the Registrant and OCI, dated January 30, 2008 | Exhibit 10.41 to the Registrants Annual Report on Form 10-K/A for the period ended December 31, 2007, filed on August 8, 2008 | ||
10.19
|
Master Supply Agreement by and between the Company and Ralos Vertriebs GmbH, dated May 21, 2008 | Exhibit 10.1 to the Registrants Quarterly Report on Form 10-Q for the period ended June 28, 2008, filed on August 4, 2008 | ||
10.20
|
Master Supply Agreement by and between the Company and Wagner & Co Solartechnik GmbH, dated June 18, 2008 | Exhibit 10.2 to the Registrants Quarterly Report on Form 10-Q for the period ended June 28, 2008, filed on August 4, 2008 | ||
10.21
|
Share Lending Agreement dated as of June 26, 2008 between the Company and Lehman Brothers International (Europe), through Lehman Brothers Inc. | Exhibit 10.5 to the Registrants Quarterly Report on Form 10-Q for the period ended June 28, 2008, filed on August 4, 2008 | ||
10.22
|
Capped Call Transaction agreement dated June 26, 2008 between the Company and Lehman Brothers OTC Derivatives Inc. | Exhibit 10.6 to the Registrants Quarterly Report on Form 10-Q for the period ended June 28, 2008, filed on August 4, 2008 | ||
10.23
|
Master Supply Agreement by and between the Company and IBC Solar AG, dated July 14, 2008 | Exhibit 10.32 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2008, filed on March 2, 2009 | ||
10.24
|
Amended and Restated Sales Representative Agreement by and Between the Registrant and Sovello dated October 6, 2008 | Exhibit 10.33 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2008, filed on March 2, 2009 | ||
10.25
|
Quad Technology License Agreement by and Between the Registrant and Sovello dated October 6, 2008 | Exhibit 10.34 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2008, filed on March 2, 2009 | ||
10.26
|
Addendum to Quad Technology License Agreement by and Between the Registrant and Sovello dated October 6, 2008 | Exhibit 10.35 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2008, filed on March 2, 2009 | ||
10.27
|
Undertaking of Evergreen Solar dated October 6, 2008 | Exhibit 10.36 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2008, filed on March 2, 2009 | ||
10.28
|
Amended and Restated Master Joint Venture Agreement by and among the Registrant, Q-Cells, REC and Sovello AG, dated November 6, 2008 | Exhibit 10.37 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2008, filed on March 2, 2009 | ||
10.29§
|
Form of Amended and Restated Change of Control Severance Agreement between the Registrant and Richard M. Feldt | Exhibit 10.38 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2008, filed on March 2, 2009 |
E-3
Table of Contents
Number | Description | Incorporation by Reference | ||
10.30§
|
Form of Amended and Restated Change of Control Severance Agreement between the Registrant and each of Michael El-Hillow and Brown Williams | Exhibit 10.39 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2008, filed on March 2, 2009 | ||
10.31§
|
Form of Amended and Restated Change of Control Severance Agreement between the Registrant and each of Richard G. Chleboski and Lawrence Felton | Exhibit 10.40 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2008, filed on March 2, 2009 | ||
10.32§
|
Amended and Restated Management Incentive Policy | Exhibit 10.41 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2008, filed on March 2, 2009 | ||
10.33
|
PV License Agreement by and between ESLR1, LLC and TISICS Ltd. dated September 5, 2007 | Exhibit 10.42 to the Registrants Annual Report on Form 10-K for the period ended December 31, 2008, filed on March 2, 2009 | ||
10.34
|
Frame Agreement between the Registrant, Jiawei Solar (Wuhan) Co. (Jiawei Wuhan) and the Wuhan Donghu New Technology Development Zone Management Committee dated April 30, 2009 | Exhibit 10.3 to the Registrants Quarterly Report on Form 10-Q for the period ended July 4, 2009, filed on August 12, 2009 | ||
10.35
|
Relationship Agreement by and among Jiawei Solarchina Co., Ltd. (Jiawei China), Jiawei Wuhan, the Registrant and Evergreen Solar (Wuhan) Co., Ltd. (Evergreen Wuhan), dated July 14, 2009 | Exhibit 10.1 to the Registrants Quarterly Report on Form 10-Q for the period ended October 3, 2009, filed on November 10, 2009 | ||
10.36
|
Manufacturing Services Agreement by and among Jiawei China, Jiawei Wuhan, the Registrant and Evergreen Wuhan, dated July 14, 2009 | Exhibit 10.2 to the Registrants Quarterly Report on Form 10-Q for the period ended October 3, 2009, filed on November 10, 2009 | ||
10.37
|
Increase Registered Capital and Enlarge Shares Agreement between Hubei Science & Technology Investment Co., Ltd. and the Registrant on Evergreen Wuhan dated July 24, 2009 | Exhibit 10.3 to the Registrants Quarterly Report on Form 10-Q for the period ended October 3, 2009, filed on November 10, 2009 | ||
10.38
|
Equity Transfer Agreement Among The Registrant, HSTIC and various other parties dated July 24, 2009 and Delivered September 22, 2009 | Exhibit 10.4 to the Registrants Quarterly Report on Form 10-Q for the period ended October 3, 2009, filed on November 10, 2009 | ||
10.39
|
Amendment made on August 5, 2009 to Master Supply Agreement by and between the Registrant and Ralos Vertriebs Gmbh, dated May 21, 2008 | Exhibit 10.5 to the Registrants Quarterly Report on Form 10-Q for the period ended October 3, 2009, filed on November 10, 2009 | ||
10.40
|
Amendment made on August 3, 2009 to Master Supply Agreement by and between the Registrant and Wagner & Co Solartechnik GmbH, dated June 18, 2008 | Exhibit 10.6 to the Registrants Quarterly Report on Form 10-Q for the period ended October 3, 2009, filed on November 10, 2009 |
E-4
Table of Contents
Number | Description | Incorporation by Reference | ||
10.41
|
Amendment dated on or about October 1, 2009 to Master Supply Agreement by and between the Registrant and IBC Solar AG, dated July 14, 2008 | ** | ||
10.42
|
First Amendment entered into October 2, 2009 to the Supply Agreement by and between the Registrant and Solaricos Trading, Ltd. dated October 24, 2007 | ** | ||
10.43
|
First Amendment entered into January 1, 2010 to the Supply Agreement by and between OCI and the Registrant dated April 17, 2007 | ** | ||
10.44
|
First Amendment entered into January 1, 2010 to the Supply Agreement by and between OCI and the Registrant dated January 30, 2008 | ** | ||
23.1
|
Consent of PricewaterhouseCoopers LLP, an Independent Registered Public Accounting Firm | ** | ||
23.2
|
Consent of Deloitte & Touche GmbH, an Independent Registered Public Accounting Firm | * | ||
31.1
|
Certification of the Chief Executive Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | * | ||
31.2
|
Certification of the Chief Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | * | ||
32.1
|
Certification of the Chief Executive Officer pursuant to Rule 13a-14(d) and Rule 15d-14(d) of the Securities Exchange Act of 1934, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | * | ||
32.2
|
Certification of the Chief Financial Officer pursuant to Rule 13a-14(d) and Rule 15d-14(d) of the Securities Exchange Act of 1934, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | * | ||
99.1
|
Sovello AG Audited Financial Statements as at December 31, 2009 | * | ||
99.2
|
Sovello AG Unaudited Financial Statements as at December 31, 2008 and 2007 | * | ||
| Confidential treatment granted as to certain portions. |
E-5
Table of Contents
§ | Indicates a management contract or compensatory plan, contract or arrangement. | |
* | Not applicable (filed herewith) | |
** | Filed as Exhibits to the Registrants Annual Report on Form 10-K for the year ended December 31, 2009 with the same exhibit numbers. |
E-6