ADDENDUM

Exhibit 99.2

ADDENDUM

This addendum modifies that Exchange Agreement dated July 29, 2010 and Amended August 16, 2010 by and between UTEC, Inc., a Nevada corporation (“Pubco”) on one hand and Jett Rink Oil, LLC, a Kansas limited liability company (the “Company”) and Xxxx Xxxxxxx, the Company’s sole member (the “Selling Member”).

Section 5.03(j) is hereby deleted from the Exchange Agreement and the Amendment thereto in its entirety.

	Pubco:
	UTEC, Inc.
Dated: September 23, 2010	By:	/s/ Xxx Xxxxxxxxx
		Xxx Xxxxxxxxx
		President and Chief Executive Officer
	Company:
	Jet Rink Oil, LLC
	By:	/s/ Xxxx Xxxxxxx
		Xxxx Xxxxxxx
		Sole Member and Manager
	Selling Member:
	By:	/s/ Xxxx Xxxxxxx
		Xxxx Xxxxxxx