Amendment No. 1 to SatCon Technology Corporation 2005 Incentive Compensation Plan

Summary

This amendment updates the SatCon Technology Corporation 2005 Incentive Compensation Plan by increasing the total number of shares available under the plan to 4,000,000. All other terms of the original plan remain unchanged. The amendment was approved by the company's Board of Directors on March 15, 2007, and by the stockholders on June 5, 2007.

EX-10.1 2 a07-19353_1ex10d1.htm EX-10.1

Exhibit 10.1

Amendment No. 1
to
SatCon Technology Corporation
2005 Incentive Compensation Plan

The SatCon Technology Corporation 2005 Incentive Compensation Plan (the “Plan”) is hereby amended by deleting the first sentence of Section 4(a) of the Plan and replacing it with the following:

“Subject to adjustment as provided in Section 10(c) hereof, the total number of Shares reserved and available for delivery under the Plan shall be 4,000,000.”

Except as herein amended, the provisions of the Plan shall remain in full force and effect.

AS APPROVED BY THE BOARD OF DIRECTORS: March 15, 2007

AS APPROVED BY THE STOCKHOLDERS: June 5, 2007