Document:

Exhibit 4.1

 

AMENDMENT FIVE

 

TO

 

RIGHTS AGREEMENT

 

THIS AMENDMENT FIVE TO RIGHTS AGREEMENT
(this “Amendment”), dated as of June 9, 2014, is entered into by and between Astrotech Corporation, a Washington corporation
(the “Company”), and American Stock Transfer & Trust Company, LLC, as rights agent (the “Rights Agent”),
pursuant to Section 27 of the Rights Agreement, dated as of July 29, 2009, as amended July 29, 2010, August 10, 2011, August 10,
2012 and August 6, 2013 (the “Rights Agreement”), between the Company and the Rights Agent.

 

WHEREAS, Section 27 of the Rights
Agreement provides that prior to the time any person becomes an Acquiring Person (as defined in the Rights Agreement) the Company
may from time to time supplement and amend any provision of the Rights Agreement in any respect without the approval of the holders
of the Rights (as defined in the Rights Agreement); and

 

WHEREAS, the Rights under the Rights
Agreement are scheduled to expire at the Close of Business on August 10, 2014 (the “Expiration Date”); and

 

WHEREAS, the Board of Directors of
the Company has determined that it is in the best interests of the Company to amend the Rights Agreement to extend the Expiration
Date, to amend and restate the definition of “Acquiring Person” to cure an ambiguity and to amend and restate Section
27 to provide that, until the Distribution Date, the Board of Directors may supplement or amend the Rights Agreement without the
approval of any holders of Rights Certificates and to take such further actions as may be necessary or appropriate to effectuate
such amendments.

 

NOW THEREFORE, in consideration of
the premises and mutual agreements set forth herein and in the Rights Agreement, the parties hereby agree as follows:

 

Section 1. Definitions. Capitalized terms used but not
defined herein shall have the meaning assigned to such terms in the Rights Agreement.

 

Section 2. Amendments to Rights Agreement.

 

(a) Amendment of Section 1(a) of the Rights Agreement.  Section
1(a) is hereby amended to read in its entirety as follows:

 

“Acquiring Person” shall mean any Person who or
which, together with all Affiliates and Associates of such Person, has become the Beneficial Owner of 15% or more of the Common

 

    	 

    	 

    

 

Exhibit 4.1

 

Shares then outstanding, but shall not include (i) the
Company, any Subsidiary of the Company, any employee benefit plan of the Company or of any Subsidiary of the Company, or any
entity or trustee holding Common Shares for or pursuant to the terms of any such plan or for the purpose of funding any such
plan or funding other employee benefits for employees of the Company or of any Subsidiary of the Company, (ii) any
Grandfathered Person, unless such Grandfathered Person becomes the Beneficial Owner of a percentage of the Common Shares then
outstanding equal to or exceeding such Grandfathered Person’s Grandfathered Percentage, (iii) any Person who or which
becomes the Beneficial Owner of 15% (or in the case of a Grandfathered Person, the Grandfathered Percentage applicable to
such Grandfathered Person) or more of the Common Shares then outstanding as the result of a reduction in the outstanding
Common Shares resulting from acquisition of Common Shares by the Company approved by the Board of Directors, unless and until
such Person becomes the Beneficial Owner of any additional Common Shares (other than pursuant to a stock split, stock
dividend or similar transaction) and immediately thereafter becomes the Beneficial Owner of 15% (or in the case of a
Grandfathered Person, the Grandfathered Percentage applicable to such Grandfathered Person) or more of the Common Shares,
(iv) any Person who or which the Board of Directors of the Company determines, in good faith, acquired Beneficial Ownership
of 15% or more of the Common Shares then outstanding inadvertently or without knowledge of the terms of the Rights, if
such Person divests as promptly as practicable a sufficient number of Common Shares so that such Person would no longer be an
Acquiring Person, or (v) any Person who or which the Board of Directors of the Company determines, prior to the time such
Person would otherwise be an Acquiring Person, should be exempted from the definition of Acquiring Person, provided that the
Board of Directors may make such exemption subject to such conditions, if any, which the Board may determine.

 

(b) Amendment of Section 1(m) of the Rights Agreement.
Section 1(m) is hereby amended to read in its entirety as follows:

 

“Expiration Date” shall mean the Close of Business
on August 10, 2015.

 

(c) Amendment of Section 27 of the Rights Agreement.  Section
27 is hereby amended to read in its entirety as follows:

 

Supplements and Amendments. The Board of Directors of
the Company may from time to time supplement or amend this Rights Agreement without the approval of any holders of Right Certificates
in order to cure any ambiguity, to correct or supplement any provision contained herein which may be defective or inconsistent
with any other provisions herein, or to make any other provisions with respect to the Rights which the Board of Directors of the
Company may deem necessary or desirable, any such supplement or amendment to be evidenced by a writing signed by the Company and
the Rights Agent, provided, however, after the Distribution Date, this Rights Agreement shall not be amended in any manner which
would adversely affect the

 

    	 

    	 

    

  

Exhibit 4.1

 

interests of the holders of Rights (other than an Acquiring
Person).

 

(d) Amendment of Exhibit B to the Rights Agreement. Exhibit
B to the Rights Agreement is hereby amended by replacing references to “2014” with “2015”.

 

(e) Amendment of Exhibit C to the Rights Agreement. Exhibit
C to the Rights Agreement is hereby amended:

 

(i) by replacing references to “2014” with “2015”;

 

(ii) by amending and restating the second paragraph in its entirety
as follows:

 

“Initially, the Rights will be attached to all Common
Share certificates and no separate Rights certificates will be issued. Separate certificates evidencing the Rights (“Right
Certificates”) will be mailed to holders of record of the Common Shares as of the close of business on the earlier to occur
of (i) the tenth day after (a) a public announcement that a person or group of affiliated or associated persons (an “Acquiring
Person”) has acquired beneficial ownership of 15% or more of the outstanding Common Shares or (b) such earlier date as a
majority of the Board shall become aware of the existence of an Acquiring Person or (ii) such date as may be determined by action
of the Board of Directors of the Company following the commencement of, or announcement of an intention to make, a tender offer
or exchange offer the consummation of which would result in the beneficial ownership by a person or group of 15% or more of the
outstanding Common Shares (the earlier of such dates being the “Distribution Date”).”; and

 

(iii) by amending and restating the tenth paragraph in its entirety
as follows:

 

“The terms of the Rights may be amended by the Board of
Directors of the Company without the consent of the holders of the Rights, except that from and after the Distribution Date no
such amendment may adversely affect the interests of the holders of the Rights (other than the Acquiring Person).”

 

Section 3. Miscellaneous.

 

(a) The term “Agreement” as used in the Rights Agreement
shall be deemed to refer to the Rights Agreement as amended hereby.

 

(b) This Amendment shall be effective as of the date first above
written, and, except as set forth herein, the Rights Agreement shall remain in full force and effect and shall be otherwise unaffected
hereby.

 

(c) This Amendment may be executed in any number of counterparts
and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute
but one and the same instrument.

 

    	 

    	 

    

  

Exhibit 4.1

 

(d) This Amendment shall be deemed to be a contract made under
the laws of the State of Washington and for all purposes shall be governed by and construed in accordance with the laws of such
State applicable to contracts to be made and performed entirely within such State.

 

(e) The Rights Agent and the Company hereby waive any notice
requirement under the Rights Agreement pertaining to the matters covered by this Amendment.

 

(f) Except to the extent specifically amended hereby, the provisions
of the Rights Agreement shall remain unmodified, and the Rights Agreement as amended hereby is confirmed as being in full force
and effect.

 

[Signature page follows]

 

    	 

    	 

    

  

Exhibit 4.1

 

IN WITNESS WHEREOF, the parties hereto
have caused this Amendment to be duly executed and attested, all as of the day and year first above written.

 

	ASTROTECH CORPORATION	 
	 	 
	By:	/s/ Thomas B. Pickens III	 
	Name: Thomas B. Pickens III	 
	Title: Chairman of the Board and Chief Executive Officer

 

AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC, as
Rights Agent

 

	By:	/s/ Michael A. Nespoli	 
	Name: Michael A. Nespoli	 
	Title: Executive DirectorSETTLEMENT
AND CONSULTANT AGREEMENT

 

Th1s
Settlement and Consultant
Agreement is entered
into this 18th
day of June,
2013 (the
"Agreement") by and between
Harmonic Energy Inc., a Nevada corporation
(the "Company") and Kouei International
Inc., a company incorporated in Antigua ("Kouc1 International").

 

RECITALS

 

W
II EREAS the
Company entered into
that certain license
purchase agreement dated
March 14, 2012
(the ''License Agreement") with Kouei
International pursuant to which
the Company acquired from Kouci
International the exclusive rights to that certain license agreement that Kouei
International has with Kouei Industries Co. Ltd. of Japan (the  "License");

 

WHEREAS
in accordance with
the lcm1s
and provisions of
the License Agreement,
the Company was
required to pay Kouci international: (i) Sl75.000
within ninety days of execution of the License
Purchase Agreement; (ii) a second payment of
$175.000 within ninety days from the first payment (the "Second Payment");
and (iii) a third and final payment
of $175.000 within ninety days from the Second Payment date (the "Third Payment");

 

WHEREAS
in further accordance
with the terms
and provisions of the License Agreement,
Kouei International shall
provide for a
two year period assistance with transactions
involving the License
and with successful implementation of
technology transfer, including engineering expertise
and participation in industry technology presentations
(the ''Consulting Services");

 

WHEREAS
on May 30,
2012, the Company
entered into that
certain extension to payment
tem1of License
Purchase Agreement of
Tyrolysis technology dated March 14, 2012
(the "Amendment to License Agreement"),
pursuant to which the Company and Kouei International agreed that the Company shall
have until June 30, 2013 to
make the Second Payment and further shall have until September 30, 2013 to make the Third Payment:

 

WHEREAS
the Company has
failed to make
the Second Payment
and Kouei International has
agreed to waive
the Second and Third
Payment;

 

WHEREAS
Kouei International bas
further agreed to
provide the Consulting
Services and further consulting
services to the
Company in consideration
for the issuance to its officers,
directors and/or employees of an aggregate
7,000,000 shares of the Company's common stock at a per share price of S0.05 in consideration,
and that such shares will be subject to an S-8 registration
statement (the “S-8 Registration Statement”).

 

AGREEMENT

 

NOW
THEREFORE, in consideration of
the recited ongoing
relationship of the
parties and the promises,
covenants and assurances provided
by and between the parties all
of which is mutually acknowledged as
good and sufficient consideration, by and between
the parties hereto, the Company and Kouei
international hereby promise, covenant and agree as
follows:

 

1.  Consultant
Services. (a) 
During the term of this Agreement,
Kouei International shall
provide consulting services
and its engineering
expertise lo the Company, including
participation in industry technology presentations, and keep the Company advised
of the nature and services performed relating
to the License
and shall further provide all personnel, equipment, labor
and other requirements reasonably
necessary to carry out its
consultant service herein.

 

(b)                
Kouei International
shall provide full
access to the
Company of its
properties, books, records,
information, technical drawings,
contacts and anything related to the License
and the License Agreement and Tyrolysis
Technology and equipment supplied by Kouei Industries
Co. Ltd.

 

(c)                 
Kouei International
shall provide the
Company and its
representative's
full access to
any personnel and
all properties. Documents,
contracts, book, records and operations
of Kouei International relating to the purchase of the License. Kouei shall furnish
the Company with copies of documents and all other information related to the License
as the Company may request.

 

(d)                 
Kouei International
shall use its
reasonable best efforts
to preserve intact
the business organization
and employees and other
business relationships.

 

    	 

    	 

    

 

2.             
Settlement
and Waiver
of Second Payment
and Third Payment.
Kouei International agrees
to release the
Company and forever discharge
any and all claims, manner of actions, whether
at law or in equity suits, judgments, debts, liens, liabilities. Demands, damages,
losses, sums of money, expenses or disputes, known or
unknown, fixed or contingent, which it now has or
may have hereafter, directly or indirectly, individually
or in any capacity against the Company,
its successors and assigns.
as well as its present or former
owners, director’s officers, stockholders, employees, agents, heirs, by reason of
any act, omission, matter, cause, or thing whatsoever, from the beginning of time to,
and including the date of the execution of
this Agreement, relating to the Second Payment and the Third Payment.

 

3.             
Consideration for
Consulting Services. The Company
shall issue to
the employees and/or
agents of Kouei
International 7,000,000 shares of
its common stock at a per share price of $0.05 (which per share price
was determined and agreed upon by the
parties on June 18. 2013). The Company further agrees that it shall
file an S-8 registration statement with the Securities and Exchange Commission
registering the 7,000.000 shares
of common stock

 

4.             
Representation by
Kouei International. Kouei
International acknowledges that (i)
S-8 shams cannot
be issued in
connection with
promotion of the
Company's shares; (ii) S-8 shares cannot be used if it or the Company controls
or directs the resale of the shares;
(iii) S-8 shares cannot be part of a capital raising-scheme or if the Company receives a share of
the proceeds of resales; (iv)
S-8 shares cannot be issued to persons who arrange reverse mergers;
and (v) S-8 shares must be issued lo natural persons 
for bona fide services to the Company.

 

5.             
Term of
the Agreement. Unless
otherwise agreed to
in writing by
the parties, this Agreement
will commence on
June 18,
2013 and continue on
for a two-year period at which date
it shall terminate (herein called the "Termination
Date.,). The Agreement may be renewed on an annual basis thereafter upon
the mutual consent of the parties.

 

6.             
Confidentiality, Non-Disclosure,
Non-Competition and Non-Circumvention.
Kouci International hereby covenants,
promises and agrees
that it will
be provided with
confidential, proprietary and valuable
information by the Company about its clients, properties, prospects and
financial circumstances from time to time
during the term of this Agreement, in order to permit Kouei International to properly, effectively
and efficiently carry out its tasks, duties
and act1vitie hereunder. However, by providing such disclosure of Confidential
Information to Kouci International, the Company relies on Kouei
International to hold such information as confidential and only disclose the same
to those parties. whether directors, officers, employees,
agents, representatives or clients and contacts of Kouei International "who need
to know", in order that Kouei International can carry
out the objects of this Agreement
as provided for herein and as communicated
as between the Company and Kouei International dung
the term of this Agreement.

 

7.             
This Agreement
shall be effective
as of June
18, 2013
and shall be
binding upon and
insure to the benefit of the parties
hereto and their respective successors.

 

	 	Harmonic Energy Inc.
	Date: June 18. 2013	By: Jamie Mann
	 	/s/ Jamie Mann
	 	 
	 	Kouei International Inc.
	Date: June 18, 2013	By: Toshimitsu Koike
	 	/s/ Tochimistu Koike

 

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