Document:

Unassociated Document

     EXHIBIT
      4.1

    

    SPECIMEN
      OF COMMON STOCK CERTIFICATE

    

    CORPORATE
      EQUITY INVESTMENTS, INC.

    Incorporated
      Under the Law of the State of Florida

    

    100,000,000
      COMMON SHARES PAR VALUE $0.001 PER SHARE

    

    This
      certifies that _________________________________________________ is the
      registered holder of __________________________________ Shares transferable
      on
      the books of the Corporation by the holder hereof in person or by Attorney
      upon
      surrender of this Certificate properly endorsed.

    

    In
      Witness Whereof, the said Corporation has caused this Certificate to be signed
      by its duly authorized officers and its Corporate Seal to be hereunto affixed
      this ___ day of _________, A.D. 20__ .

    

    

    

    --------------------------                      -----------------------

    President                                       SecretaryExhibit 10.16

                            SECOND AMENDMENT TO LEASE

      Second Amendment to Lease ("Agreement") made this 18th day of June,
2007, by and between 1375 KINGS HIGHWAY/777 COMMERCE DRIVE ASSOCIATES, LLC and
14 MAMARONECK AVENUE REINVESTMENT ASSOCIATES, LLC ("Landlord"), each a
Connecticut limited liability company with offices at c/o Celestial Capital
Group, Inc., 10 East 40th Street, New York, NY 10016 and COMPETITIVE
TECHNOLOGIES, INC.  ("Tenant"),  with offices at 777 Commerce Drive, Fairfield,
Connecticut 06824.

                                    RECITALS

     WHEREAS, Landlord and Tenant entered into a lease ("Lease") dated April 28,
2006  demising  to  Tenant 11,025 rentable square feet (sometimes, "rsf") in the
Building;  and

     WHEREAS,  prior  to the Commencement Date, the parties agreed to reduce the
rentable square footage of the Demised Premises from 11,025 rsf to 10,939 rsf by
Amendment  To  Lease  dated  July  20,  2006;  and

     WHEREAS,  the  Commencement Date was September 1, 2006, and the Lease is in
effect  on  the  date  hereof;  and

     WHEREAS,  the  parties  have  agreed  to further reduce the rentable square
footage of the Demised Premises by 317 rsf ("Surrendered Space") commencing June
1,  2007, so that the total rentable square footage in the Demised Premises will
be  10,622,  and  to  amend  the  Lease  accordingly.

     NOW,  THEREFORE,  in  consideration of the mutual promises contained herein
and  other  good  and  valuable  consideration,  the  parties  agree as follows:

                                        1
<PAGE>
     1.  Lease  Summary  and Schedule "A" . A new Lease Summary and Schedule "A"
(Rent  Schedule)  in  the  form attached hereto shall replace the existing Lease
Summary  and Schedule "A" to the Lease, effective as of June 1, 2007 ("Effective
Date") through the expiration date of the Term, or the Renewal Term, as the case
may  be.  The Rentable Square Feet, Annual Base Rent, Security Deposit, Tenant's
Share,  and  Tenant's Tax Share set forth in the Lease Summary have been changed
in  the new Lease Summary, as of the Effective Date, to reflect the reduction of
the  rentable  square  footage of the Demised Premises from 10,939 rsf to 10,622
rsf. All other terms in the Lease Summary remain the same. Schedule "A" has been
changed  in  its  entirety  to reflect the new annual and monthly installment of
Base  Rent  by  reason  of  the  Surrendered  Space.

     2.  Exhibit "A" (Plan of Demised Premises). As of the Effective Date, a new
Exhibit  "A"  (Plan of Demised Premises) in the form attached hereto which shows
the  Surrendered Space (also designated as "Supply Room #117") shall replace the
existing  Exhibit  "A"  (Plan  of  Demised  Premises)  to  the  Lease.

     3.  Tenant's Surrender of the Surrendered Space. On or before June 1, 2007,
Tenant  shall  surrender  to  Landlord  the  Surrendered  Space in the condition
required  under  Section  19.01  of  the  Lease.

     4.  Refund  of  Security  Deposit.  As  of the Effective Date, the Security
Deposit  due  under  the Lease shall be reduced from $ 41,021.34 to $ 39,832.50,
and  Landlord  shall  thereafter refund to Tenant the sum of $ 1,188.84 from the
Security  Deposit  it  is  currently  holding  under  the  Lease.

     5.  Miscellaneous.  This  Agreement  is  contingent upon the execution of a
lease  between Landlord and Hub International, Inc. on or before August 1, 2007.
Except  as  amended  by  this  Agreement, the parties confirm and ratify all the
terms,  covenants  and  conditions  of  the  Lease.

                                        2
<PAGE>
Unless expressly set forth to the contrary or modified by this Agreement, all
defined terms shall have the meanings ascribed to them under the Lease.  If
there is a conflict between the provisions of the Lease and this Agreement, the
provisions of this Agreement shall control.  This Agreement shall be binding
upon and shall inure to the benefit of the parties hereto and their respective
successors and/or permitted assigns.

     IN  WITNESS WHEREOF, the parties have executed this Agreement as of the day
and  year  first  above  written.

LANDLORD:
14 MAMARONECK AVENUE                  1375 KINGS HIGHWAY/777
REINVESTMENT ASSOCIATES, LLC          COMMERCE DRIVE ASSOCIATES, LLC
By:  14 Mamaroneck Avenue, LLC,       By: Celestial Real Estate Fund II, LLC,
Its Sole Member                           Its Sole Member
                                      By: Celestial Capital Management II, Inc.,
                                          Its Manager

By:_____________________________      By: ________________________________
      MARK ELLMAN, Manager                MARK ELLMAN, President

TENANT:
COMPETITIVE TECHNOLOGIES, INC.

By:__________________________________
      Name: John B. Nano
      Title: Chairman, CEO & President

                                        3
<PAGE>

                                  LEASE SUMMARY

DATE OF ORIGINAL LEASE:               APRIL 28, 2006

TENANT:                               COMPETITIVE TECHNOLOGIES, INC.

ADDRESS:                              777 COMMERCE DRIVE
                                      FAIRFIELD, CT 06825

TAXPAYER IDENTIFICATION NUMBER:       36-2664428

SUITE NO.:                            100

RENTABLE SQUARE FEET:                 10,622 R.S.F.

USE (ARTICLE 6):                      GENERAL AND EXECUTIVE OFFICES FOR TENANT'S
                                      TECHNOLOGY TRANSFER AND LICENSING
                                      BUSINESS.

TERM (ARTICLE 2):                     SEVEN (7) YEARS

COMMENCEMENT DATE OF ORIGINAL LEASE   SEPTEMBER 1, 2006
(ARTICLE 2):

RENT COMMENCEMENT DATE (ARTICLE 3):   SAME AS COMMENCEMENT DATE, SUBJECT TO
                                      SECTION 2.05.

BASE RENT:

     LEASE YEAR/PERIOD         ANNUAL BASE RENT
     -----------------         ----------------

     1                         $238,995.00 ($22.50/R.S.F.)
     2                         $249,617.00 ($23.50/R.S.F.)
     3                         $260,239.00 ($24.50/R.S.F.)
     4                         $270,861.00 ($25.50/R.S.F.)
     5                         $281,483.00 ($26.50/R.S.F.)
     6                         $292,105.00 ($27.50/R.S.F.)
     7                         $302,727.00 ($28.50/R.S.F.)
     (SEE SCHEDULE "A")

<PAGE>
ELECTRIC (ARTICLE 5):                 CONSUMPTION MEASURED BY SUBMETER OR DIRECT
                                      METER AND PAYABLE BY TENANT ON THE TERMS
                                      SET FORTH IN SECTION 5.01 OR SECTION 5.02.

SECURITY DEPOSIT (ARTICLE 30):        $39,832.50 (TWO MONTHS' BASE RENT)

TENANT'S SHARE (ARTICLE 4):           APPROXIMATELY 17.62% (OR AS LATER
                                      ADJUSTED)

TENANT'S TAX SHARE (ARTICLE 4):       APPROXIMATELY 17.62% (OR AS LATER
                                      ADJUSTED)

BASE YEAR FOR REAL ESTATE TAXES      JULY 1, 2006 - JUNE 30, 2007
(ARTICLE 4):                         (ORIGINAL TERM)

                                     JULY 1, 2013 - JUNE 30, 2014 (RENEWAL TERM)

BASE YEAR FOR OPERATING EXPENSES     CALENDAR YEAR 2006 (ORIGINAL TERM)
(ARTICLE 4):
                                     CALENDAR YEAR 2014 (RENEWAL TERM)

RENEWAL OPTION (ARTICLE 2):          ONE FIVE (5) YEAR RENEWAL TERM UPON NINE
                                     (9) MONTHS PRIOR WRITTEN NOTICE AND ON THE
                                     TERMS SET FORTH IN SECTION 2.06.

ADDITIONAL TENANT CONCESSION         LANDLORD SHALL PAY THE REMAINDER OF
(ARTICLE 3):                         TENANT'S RENT DUE UNDER ITS LEASE OF 1960
                                     BRONSON ROAD, FAIRFIELD, CT ON THE
                                     TERMS SET FORTH IN SECTION 3.02.

EARLY TERMINATION OPTION             TENANT SHALL HAVE THE RIGHT TO TERMINATE
(ARTICLE 2):                         THE LEASE AT THE END OF THE FIFTH LEASE
                                     YEAR ON THE TERMS SET FORTH IN
                                     SECTION 2.07.

RIGHT OF EXPANSION (ARTICLE 33):     TENANT HAS AN OPTION TO LEASE ADDITIONAL
                                     SPACE ON THE FIRST FLOOR OF THE BUILDING ON
                                     THE TERMS SET FORTH IN SECTION 33.01.

<PAGE>
PARKING:                             TEN (10) RESERVED SPACES IN ADDITION TO THE
                                     NON-EXCLUSIVE USE OF THE BUILDING'S PARKING
                                     AREA ON THE TERMS SET FORTH IN SECTION
                                     6.03.

GUARANTOR:                           NONE

BROKER:                              ALBERT B. ASHFORTH, INC. AND HK GROUP

<PAGE>
                                  SCHEDULE "A"

                                  RENT SCHEDULE

LEASE                ANNUAL BASE                    MONTHLY
YEAR                 RENT                           INSTALLMENT
----                 ----                           -----------

1*                   $238,995.00                    $19,916.25

2                    $249,617.00                    $20,801.42

3                    $260,239.00                    $21,686.58

4                    $270,861.00                    $22,571.75

5                    $281,483.00                    $23,456.92

6                    $292,105.00                    $24,342.08

7                    $302,727.00                    $25,227.25

* LEASE YEAR 1 ONLY APPLICABLE TO JUNE 1, 2007 THROUGH AUGUST 31, 2007.

<PAGE>

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