LETTER OF EXTENSION
THIS LETTER OF EXTENSION dated this 18th day of April, 2005
BETWEEN:
Xxxxxx X. Xxxxxxxx or Nominee of 000, 000 - 00xx Xxxxxx X.X.,
Xxxxxxx, Xxxxxxx, Xxxxxx X0X 0X0
(the "Licensee")
AND
US Center for Energy Information Inc. (USCEI) of
00000 Xxxx Xxxxxxx Xxxxx, Xxxxxx, Xxxxx, XXX 00000
(the "Licenser")
TERMINATION EXTENSION
Under the Agreement Sign on May 10, 2004, signed by both the Licensee and
Licenser. Section 14.2 Sub-section C which reads "upon written notice by Xx.
Xxxxxxxx if USCEI will cease for a period of greater than 2 months to record any
sales pursuant to the exploitation of the Technology. Such termination will be
without prejudice to any rights, obligations or liabilities already accrued
prior to such termination."
Xx. Xxxxx Xxxxxxxx (Licensee) will extend these terms of the agreement to help
USCEI (Licenser) achieve sales with a adequate time frame, based on current
company conditions in front of the U.S SEC. USCEI has a 12 month extension to
record sales from the date the Registration Statement goes effective.
Governing Law
This Extension will be construed in accordance with and governed by the laws of
the Province of Alberta, Canada.
Amendments
This Agreement may only be amended or modified by a written instrument executed
by both the Licensee and Licenser.
Severability
The clauses and paragraphs contained in this Agreement are intended to be read
and construed independently of each other. If any part of this Agreement is held
to be invalid, this invalidity will not affect the operation of any other part
of this Agreement.
General Provisions
Headings are inserted for the convenience of the parties only and are not to be
considered when interpreting this Agreement. Words in the singular mean and
include the plural and vice versa. Words in the masculine mean and include the
feminine and vice versa.
Entire Agreement
This Agreement constitutes an amendment to the original agreement dated May 10,
2004 between the parties and there are no further items or provisions, either
oral or otherwise.
IN WITNESS WHEREOF, the parties have duly affixed their signatures under hand on
this 18th day of April, 2005.
/s/ Xxxxx Xxxxxxx /s/ Xxxxx Xxxxxxxx
----------------------------------- ----------------------------------------
Witness Xxxxxx X. Xxxxxxxx (Licensee)
US Center for Energy Information Inc.
/s/ X.X. Xxxxxx /s/ Xxxx Xxxxxx
----------------------------------- ----------------------------------------
Witness President - Xx. Xxxx Xxxxxx (Licenser)
