EXHIBIT 10.2.1 June 16, 2000 Mr. William J. Lindenmayer President International Fuel Technology, Inc. 7777 Bonhomme, Suite 1920 St. Louis, MO 63105 Re: GEM Global Yield Fund Limited ("GEM") Debenture Purchase Agreement...Debenture Purchase Agreement • June 29th, 2000 • International Fuel Technology Inc • Blank checks
