AMENDMENT TO LICENSE AGREEMENT
THIS AMENDMENT TO LICENSE AGREEMENT (this "Amendment"), is made effective as of
the 14th day of January, 1999 (the "Effective Date"), by and between LFC
Technologies, LLC, a Delaware limited liability company ("Licensee"), and SGI
International, a Utah corporation having its principal place of business at
0000 Xxxxxxxx Xxxxxx, Xxxxx 000, Xx Xxxxx, Xxxxxxxxxx 00000 ("Licensor").
RECITALS
A. The parties have entered into that certain License Agreement dated as of the
dated hereof (the "Original Agreement").
B. The parties hereto desire to amend the Original Agreement in the manner
hereinafter set forth.
AGREEMENT
NOW, THEREFORE, Article 5 of Original Agreement is hereby amended to read in
its entirety as follows:
"Concurrent with the execution of this Agreement, Licensee will execute a
Services Agreement with Licensor (the "Services Agreement") and Licensor
agrees that the execution of that agreement by Licensee shall constitute full
and adequate consideration for the license granted to Licensee and no other fees
need be paid to Licensor hereunder."
IN WITNESS WHEREOF, the parties hereto have executed this Amendment by their
duly authorized officers or representatives as of the Effective Date.
"Licensor" "Licensee"
SGI International LFC Technologies, LLC
By: /s/ XXXXXX X. XXXXXX By: /S/ XXXXX XXXXXXX
____________________________ _________________________________
Name: Xxxxxx X. Xxxxxx Name: Xxxxx Xxxxxxx
Title: Chief Executive Officer, Title: Chief Executive Officer
Chairman of the Board
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