Supplemental Agreement to the Exclusivity Agreement Dated November 8, 2005
Supplemental Agreement to the Exclusivity Agreement Dated November 8, 2005
between | HII GmbH Industrie Bau und Beratung [Industrial Construction and Consultation] |
Xxxxxxxxxxxxx 00, 00000 Xxx Xxxxx xx Xxxxxx | |
and | Clyvia Technology GmbH |
Xxxxxxxxx-Xxxx-Xxxxx 00, 00000 Xxxxxxx-Xxxxxxxxxx |
1) |
As a result of the successful production by Clyvia Technology GmbH, exclusivity hereby applies to HII GmbH as well. |
2) |
Clyvia Technology GmbH is obligated to covenant with its customers that the equipment supplied to the customer may not be directly or indirectly supplied to countries for which Clyvia has entered into an exclusivity agreement with HII GmbH. If the contractual partner violates this export restriction, Clyvia's contractual partner is obligated to pay a contractual penalty to Clyvia in the amount of 2 million Euros. Clyvia will pay this amount to HII GmbH. |
Bad Xxxxx on August 9, 2006
[Signature] | [Signature] |
Xx. X. X. Xxxxxxxx | Xx. Xxxxxxx Xxxxxx |
- Managing Director of HII GmbH - | - Managing Director of Clyvia Technology GmbH – |
[Signature] | |
Xx. Xxxxxx Xxxxxx, Graduate Engineer | |
- Managing Director of Clyvia Technology GmbH – |