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EXHIBIT 10.14
NATURAL RESOURCES CANADA
EFFICIENCY AND ALTERNATIVE ENERGY PROGRAM
AMENDMENT NO. 1 TO THE CONTRIBUTION AGREEMENT BETWEEN
CANADA AND THE HYDROGENICS CORPORATION INC.
THIS AMENDING AGREEMENT is made in duplicate
BETWEEN:
HER MAJESTY THE QUEEN IN RIGHT OF CANADA ("CANADA"),
represented by the Minister of Natural Resources Canada,
AND: HYDROGENICS CORPORATION INC., incorporated under the laws in force in
the province of Ontario , (THE "PROPONENT").
WHEREAS Canada wishes to encourage the adoption of energy efficiency and
renewable energy technologies in all sectors of the Canadian economy and has
established the Efficiency and Alternative Energy Program for this purpose;
WHEREAS Canada and the Proponent entered into an Agreement on June 9,
1999;
AND WHEREAS Canada and the Proponent wish to amend this Agreement;
NOW, THEREFORE, Canada and the Proponent agree as follows:
1. To change the ALLOCATION OF FUNDS IN SCHEDULE B of the Agreement as
follows:
CANADA'S CONTRIBUTION WILL BE $180,000 IN FY 1999/00 AND $120,000
IN FY 2000/01.
2. SCHEDULE A shall be changed with regard to Scheduling as follows:
- ADVANCE THE PROCUREMENT OF HYDRIDE STORAGE BED/HYDROGEN BUFFER, FROM
FY 2000/01 TO FY 1999/00;
- ADVANCE THE SETUP OF HYDRIDE TESTING/EXPERIMENTATION, FROM FY 2000/01
TO FY 1999/01;
- ADVANCE THE COUPLING/ASSEMBLY OF THE HYDRIDE BALANCE OF PLANT WITH THE
REVERSIBLE FUEL CELL, FROM FY 2000/01 TO FY 1999/00.
5. All other terms and conditions of the Agreement remain in full force and
effect.
IN WITNESS WHEREOF this Amending Agreement has been executed on behalf of HER
MAJESTY THE QUEEN IN RIGHT OF CANADA by an officer duly authorized by the
Minister. of Natural Resources and by the PROPONENT, by an officer duly
authorized in that behalf.
HER MAJESTY THE QUEEN IN RIGHT OF CANADA
1 Feb. 00 /s/ X. X. XXXX
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Date X. X. Xxxx, Chief
Transportation Energy Technology
CETC/Energy Technology Branch
Department of Natural Resources
HYDROGENICS CORPORATION INCORPORATED
Jan. 25/00 /S/ XXXX XXXXXX
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Date Xxxx Xxxxx Xxxxxx, Principal and
Director
Hydrogenics Corporation
Incorporated
