2006 Annual Report

2006 Annual Report		Page
	Benefits Under the SunPower Corporation 2005 Stock Incentive…
Cover Letter to Stockholders Form 10-K Table of Contents PART I Item 1: Business Item 1A: Risk Factors Item 1B: Unresolved Staff Comments Item 2: Properties Item 1B: Unresolved Staff Comments Item 3: Legal Proceedings Item 4: Submission of Matters to a Vote of Se... PART II Item 5: Market for Registrants Common Equity,... Item 6: Selected Consolidated Financial Data Item 7: Managements Discussion and Analysis o... Item 7A: Quantitative and Qualitative Disclos... Item 8: Financial Statements and Supplementar... Item 9: Changes in and Disagreements with Acc... Item 9A: Controls and Procedures Item 9B: Other Information PART III Item 10: Directors, Executive Officers and Co... Item 11: Executive Compensation Item 12: Security Ownership of Certain Benefi... Item 13: Certain Relationships and Related Tr... Item 14: Principal Accountant Fees and Servic... PART IV Item 15: Exhibits and Financial Statement Sch... Notice Of The 2007 Annual Meeting Of Stockhol... Proxy Statement PROXY STATEMENT FOR 2007 ANNUAL MEETING OF ST... INFORMATION CONCERNING SOLICITATION AND VOTIN... General Record Date and Shares Outstanding Voting How Your Proxy Will Be Voted Revoking Your Proxy Solicitation of Proxies Submission of Stockholder Proposal for the 20... Directors' Attendance at Our Annual Meetings Voting Results CORPORATE GOVERNANCE GENERAL INFORMATION Directors' Attendance at Our Annual Meetings BOARD STRUCTURE Determination of Independence Board Meetings Stockholder Communications with Board of Dire... COMMITTEE MEMBERSHIP Audit Committee Compensation Committee Nominating and Corporate Governance Committee PROPOSAL ONE-ELECTION OF DIRECTORS REPORT OF THE AUDIT COMMITTEE OF THE BOARD OF... PROPOSAL TWO-RATIFICATION OF THE SELECTION OF... Summary of the Amendment and Restatement PROPOSAL THREE-APPROVAL OF THE AMENDED AND RE... Summary Description of Plan as Currently in E... Benefits Under the SunPower Corporation 2005 ... Federal Income Tax Consequences Tax Consequences to Participants Section 409A of the Code Tax Consequences to SunPower EQUITY COMPENSATION PLAN INFORMATION SECURITY OWNERSHIP OF MANAGEMENT AND CERTAIN ... Executive Officers of the Registrant COMPENSATION DISCUSSION AND ANALYSIS General Establishing Compensation Opportunities Allocation Among Compensation Components Compensation Components Establishing Compensation Opportunities Allocation Among Compensation Components Termination of Employment Payments Section 162(m) Treatment Regarding Performanc... Indemnification of Officers and Directors Recent Developments: 2007 Section 162(m) Treatment Regarding Performanc... EXECUTIVE COMPENSATION 2006 Summary Compensation Table 2006 Grants of Plan-Based Awards Table Outstanding Equity Awards At 2006 Fiscal Year... 2006 Option Exercises and Stock Vested Table Pension Benefits Nonqualified Deferred Compensation Employment Agreements and Potential Payments ... 2006 Option Exercises and Stock Vested Table Pension Benefits Nonqualified Deferred Compensation Employment Agreements and Potential Payments ... DIRECTOR COMPENSATION 2006 Director Compensation Table COMPENSATION COMMITTEE REPORT OTHER DISCLOSURES Certain Relationships and Related Transaction... Arrangements between SunPower Corporation and... Related Persons Transactions Policy and Proce... Compensation Committee Interlocks and Insider... Section 16(a) Beneficial Ownership Reporting ... DELIVERY OF VOTING MATERIALS APPENDIX A-AMENDED AND RESTATED SUNPOWER CORP... SECTION 1. ESTABLISHMENT AND PURPOSE SECTION 2. DEFINITIONS APPENDIX A-AMENDED AND RESTATED SUNPOWER CORP...