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EXHIBIT 10.3
SECOND AMENDMENT TO EXCLUSIVE LICENSE AGREEMENT
This Second Amendment is entered into this 18th day of August,
1998, based on the following facts:
A. Incident to its formation, A-55, L.P. was granted a
license under that certain Exclusive License dated
November 2, 1992; restated January 3, 1994; and amended by
that certain First Amendment effective January 1, 1995.
B. Licensor and Licensee desire to further amend the
Exclusive License Agreement.
Based on the foregoing, the parties agree as follows:
1. Section 1.1(a) of the Exclusive License Agreement is
amended in its entirety to read as follows:
(a) methods, processes, compositions and apparatuses for
carrying out combustion for the generation of heat in (i)
internal combustion engines, either compression or spark
ignited and (ii) open flame applications such as boilers
and combustion turbines;"
2. The effective date of this First Amendment is July 31,
1998.
LICENSEE: LICENSOR:
A-55 , L.P., a Nevada
Limited Partnership
/s/ Xxxxxx X. Xxxxxxxxx
__________________________________
By RWG Inc., a Nevada Xxxxxx X. Xxxxxxxxx,
Corporation, an individual
General Partner
By /s/ Xxxxxx X. Xxxxxx
_________________________________
Xxxxxx X. Xxxxxx,
Executive Vice
President
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