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EXHIBIT 10.12
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,
1998
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 $225,000 IN FY 1999/00 ($100,000
FROM NRCAN AND $125,000 FROM DND).
2. SCHEDULE A shall be changed as follows:
OBJECTIVE / PURPOSE: IN ADDITION TO THE ORIGINAL OPERATIONAL
CHARACTERISTICS OF THE PROTOTYPE, THE FOLLOWING CHARACTERISTICS SHOULD BE ADDED:
- WITH AN INTEGRATED FUEL STORAGE SYSTEM BASED ON METAL HYDRIDES;
- WITH A COMBINED STACK COOLING AND HUMIDIFYING ASSEMBLY;
- WITH A PROPRIETARY FUEL DELIVERY AND WATER RECOVERY/RECYCLING SYSTEM
BETWEEN THE HYDRIDE VESSEL AND THE FUEL CELL STACK.
DESCRIPTION / SCOPE: SHOULD BE CHANGED TO READ:
BY THE END OF THE HYTEF 1998/00 PROGRAM, HYDROGENICS WILL DELIVER:
- DESIGN AND ASSEMBLY OF A 2 kW ADVANCED DEVELOPMENTAL MODEL OF AN AIR BREATHING
PEM SYSTEM INCLUDING
- A FUEL CELL STACK THAT CAN OPERATE WITHOUT PRESSURIZATION;
- A PROTECTIVE SYSTEM ENCLOSURE;
- MODULAR AND MANIFOLDED HYDRIDE PACKS ALLOWING ENERGY UPSCALE IN
INCREMENTS OF 2kWh (ELECTRICAL EQUIVALENT), WITH MANUALLY LOADABLE PACKS THAT
CAN BE READILY INTEGRATED WITH THE FUEL CELL GENERATOR FOR DIFFERENT MISSION
PROFILES AND WITH A BALANCED CENTER OF GRAVITY FOR ROAD TRANSPORTATION;
- A PORTABLE ENCLOSURE ALLOWING TWO MEN TO INSTALL/REMOVE THE FUEL CELL
UNIT INTO A ROAD DEPLOYABLE (WHEEL-MOUNTED) CARRIAGE;
- A CONTROLLER PROVIDING SELF-ATTENDED SUPERVISORY CONTROL AND DATA
ACQUISITION (SCADA).
- DEMONSTRATION OF THE SYSTEM COUPLED TO A RENEWABLE FUEL SUPPLY.
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3. 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
March 13/00 [SIG]
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Date for X. X. Xxxx, Chief
Transportation Energy Technology
CETC/Energy Technology Branch
Department of Natural Resources
HYDROGENICS CORPORATION INCORPORATED
March 10/00 [SIG]
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Date for Xxxx Xxxxx Xxxxxx, Principal and Director
Hydrogenics Corporation Incorporated
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