EXHIBIT 10.1.10


 





 


THE GOVERNMENT OF THE CAYMAN ISLANDS 


 


 






 


An Amendment to a Licence dated 11th
July 1990 


to Produce Potable Water from Seawater



granted to 


Cayman Water Company Limited


 


on 6th of November 2013


 





 



 




    	 



    	 



    

 


AMENDMENT TO A LICENCE DATED 11 JULY
1990 TO PRODUCE 


POTABLE WATER FROM SEAWATER


 


granted to


 


CAYMAN WATER COMPANY LIMITED


 


by


 


THE GOVERNMENT OF THE CAYMAN ISLANDS


 


The Water (Production and Supply) Law 1979


(Law 15 of 1979)


 


THIS AMENDMENT to the Licence (as
defined below) is made on the 6th day of November 2013 by The Governor of the Cayman Islands (the “Governor”)
and Cayman Water Company Limited, a company duly incorporated under the laws of the Cayman Islands whose registered office is
situated at Fourth Floor, Windward Three, Regatta Business Park, West Bay Road, PO Box 1114, Grand Cayman KY1 -1102, Cayman Islands
(the “Company”).


 


WHEREAS


 


		(1)	On 11 July 1990 the Governor granted a licence, under Section 3 of the Water (Production and Supply)
Law 1979, to the Company granting it the exclusive right within the Licence Area to process Seawater to Water for sale and to distribute
and sell Water by means of pipes.



 


		(2)	The licence has been amended by four (4) amendments, dated 18 September 1990, 14 February 1991,
15 August 2001 and 01 February 2003 (the aforesaid licence, as so amended, being herein referred to as the “Licence”).



 


		(3)	On 9 June 2008, the Company exercised its right to enter into negotiations for the grant of a Licence
for a further term.



 


		(4)	The Term of the Licence ended on 10 July 2010 before the negotiations for the licence renewal could
be finalized.



 


		(5)	The Governor has granted previous extensions of the term of the Licence, as defined by Clause 4
of the Licence, to allow the negotiations for the licence renewal to continue without affecting the provisions of water production
and supply services in the Licensed Area.



 




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		(6)	The Parties wish to extend the Term of the Licence in order to facilitate the on-going negotiations
and the Judicial Review proceedings.



 


NOW THIS DEED WITNESSES as follows:


 


		1).	The term of the Licence, as defined by Clause 4 of the Licence, is hereby extended until 30 June
2014.



 


THE terms and definitions as contained
in this Amendment and not otherwise defined shall have the same meanings as those contained within the Licence and the Licence
shall hereafter be read and construed in accordance with the variations effected by this Amendment.


 


SAVE as varied by this Amendment,
the Licence shall continue in full force and effect.


 


IN WITNESS WHEREOF the parties have
caused this Amendment to be executed by their authorized officers.


 




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	The public seal of the Government of
    the Cayman Islands was affixed in the presence of	 	
	 	 
		 
	Her Excellency the Governor, Mrs. Helen
    Kilpatrick, CB	 
	 	 
	Signed
    by the Water Authority in the presence of	 	By:	
	 	 	 	CHAIRMAN
	 	 	 	 
	 	 	By:	
	WITNESS	 	 	BOARD MEMBER
	 	 	 	 
	Signed on behalf
    of Cayman Water Company Limited in the presence of	 	By:	 
	 	 	 	DIRECTOR
	 	 	 	 
	 	 	By:	 
	WITNESS  TRACEY
    EBANKS	 	 	DIRECTOR


 



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