Settlement of Rent Under Premises Lease Obligations Sample Contracts

CTP Products B.V. Veendam Stolberweg 197, 9641 The Netherlands
Settlement of Rent Under Premises Lease Obligations • November 6th, 2007 • Telegen Corp /Co/ • Communications equipment, nec • Washington

This Letter Agreement (the “Agreement”) sets forth the terms and conditions agreed to by and between Telegen Corporation (“Telegen”), CTP Netherlands (“CTP”) and Multidisplay s.r.o., a subsidiary of CTP (“Multidisplay”), in connection with the following lease agreements: (1) that certain Agreement on the Lease of Non-Residential Premises entered into on October 31, 2007 by and between Sendio s.r.o., a subsidiary of Telegen (“Sendio”), and Multidisplay (the “Premises Lease”). The parties agree as follows:

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