Document:

Supply Agreement

 Exhibit 10.12 
 CONFIDENTIAL TREATMENT – REDACTED COPY 
 ** CERTAIN
INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A CONFIDENTIAL TREATMENT REQUEST UNDER 17 C.F.R. SECTIONS 24b-2, 200.80(B)(4) AND 230.406. 

SUPPLY AGREEMENT 
 BY AND BETWEEN 
 DOOSAN INFRACORE CO., LTD 

AND 

PSI INTERNATIONAL, LLC 

 SUPPLY AGREEMENT 

Ref No: DI-PSI-121107 
 This Agreement (the “Agreement”) was made and entered into this 11th day of December, 2007 (the “Effective Date”) by and between DOOSAN Infracore Co., Ltd. having its
principal place of business at 7-11, Hwasu-dong, Dong-gu, Incheon, Korea (“SUPPLIER”) and PSI INTERNATIONAL, LLC, an Illinois limited liability company (“PSI”), having its principal place of business at 655 Wheat
Lane, Wood Dale, Illinois 60191, United States (PSI and its affiliates shall collectively be referred to herein as “BUYER”). 
 ARTICLE 1 
 DEFINITIONS 

For the purpose of this Agreement, unless otherwise specifically stated, the following terms shall have the meanings as defined in this
Article 1: 
 (1) “Products” shall mean all the products only for Stationary Natural Gas
application as defined in the Exhibit A.1 attached hereto including service parts and accessories therefore and subsequent and/or derivative models, which are manufactured and/or sold by SUPPLIER. 

(2) “End Products” shall mean all the products which are manufactured and/or sold by BUYER using
“Products”. 
 (3) “Territory” shall be as defined in the Exhibit A.2
attached hereto. 
 (4) “Dealer” shall mean any concerned party in Territory appointed and
entrusted by BUYER in relation to sales and service of End Products. 
 ARTICLE 2 

GRANT OF BUYER 

Other than **, having its primary place of business in **, SUPPLIER appoints BUYER and BUYER accepts appointment as an exclusive buyer
and distributor of Products within Territory. This exclusive rights granted to BUYER hereunder shall be limited only to the development, manufacture, production, marketing, sales and service of End Products within the Territory and shall not extend
to any other businesses of SUPPLIER. 
 2.1 Other than products of General Motors, during the term of this
Agreement, BUYER shall not, without the prior written consent of SUPPLIER, be concerned or interested, in the manufacture, production, importation, sale or advertisement of any goods in Territory which have the same displacement and are designed to
perform same function as Products unless SUPPLIER is in breach of any term of this Agreement and/or fails to timely supply to BUYER with Products ordered hereunder in accordance with the terms hereof. If this provision or this Agreement is in or
becomes into conflict with any other agreement to which BUYER and/or SUPPLIER or any of its affiliates is a party, the parties agree to negotiate in good faith modifications to this provision and this Agreement so as to eliminate such conflict.

 2.2 SUPPLIER shall not appoint any other party for the promotion or sale of
the Products in the Territory. 
 2.3 SUPPLIER shall not sell the Products directly in the Territory.

 2.4 SUPPLIER shall not sell any Products to persons which either party hereto has reason to believe will
distribute, directly or indirectly, such Products in the Territory. 
 2.5 SUPPLIER shall forward and refer to
BUYER any and all inquiries and correspondence in connection with the Products to be used or sold in the Territory. 
 2.6 Buyer shall also have a right of first refusal to expand BUYERS’ exclusive rights in the Territory to include any new products manufactured by SUPPLIER that are similar in capacity, specification
and performance to the Products with the same application. BUYER shall have a period of sixty (60) days to decide whether to exercise such right of first refusal and, if such right of first refusal is exercised the parties shall work together
in good faith to amend this Agreement accordingly. 
 2.7 During the term of this Agreement, SUPPLIER shall not
discontinue any Products that have been certified by BUYER (or are in process of being certified) without the prior written consent of BUYER. For all Products that are not certified (or not in process of being certified), SUPPLIER shall give BUYER
at least 90 days’ prior written notice of SUPPLIER’S intent to discontinue any such Product and BUYER shall have the right to purchase the quantity of such Product that the BUYER deems necessary to fulfill all of its future needs.

 2.8 SUPPLIER shall be entitled in its sole discretion to change or modify the design and/or manufacture of
any of the Products at any time provided that SUPPLIER shall provide BUYER sixty (60) days’ prior written notice of any such change or modification but Buyer reserves the right to refuse any changing effect on certification or emission
level of End Products, and in such case SUPPLIER shall continue manufacturing the Products. 
 ARTICLE 3 

DUTIES OF BUYER 
 3.1 BUYER shall at all times during the continuance of this Agreement: 
 (a) Observe all applicable laws in the Territory in relation to the import of Products and the production, sales and service of End Products. 

(b) Pay all expenses incurred by itself in connection with the import of Products and the sale of End Products in
Territory and in fulfilling its obligations hereunder. 
 (c) Use any of SUPPLIER’S trademarks, logos,
signs or other marks on its letter-headed paper, visiting cards, displays, advertising material, business documents, invoices, credit notes or any other written matter only as directed by SUPPLIER. 

(d) Keep full and proper accounts and records showing clearly all transactions of BUYER in respect of Products

  
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 3.2 BUYER shall be responsible for sales, marketing, service training,
distribution of service parts and warranty administration with respect to End Products sold in the Territory by BUYER. 
 3.3 In order to preserve and enhance the name and the reputation of SUPPLIER, BUYER shall discuss in advance with SUPPLIER all the matters relating to its advertising and marketing activities which
involves the use of SUPPLIER’s trademarks and/or logos. Strictly subject to this, BUYER is hereby granted a royalty-free license and right to copy, distribute, and use any of SUPPLIER’s trademarks, service marks, or copyrighted materials
on or in connection with the Products and/or the End Products and their distribution throughout the term of the Agreement. BUYER may, at its sole discretion, have the Products and/or End Products carry other trademarks or service marks
(“Other Marks”) whether owned by BUYER or licensed through third parties. Any license to, title to, or ownership of any Other Marks or other intellectual property rights created, used or owned by BUYER in connection with the
Products and/or End Products shall not be transferred to SUPPLIER under this Agreement or otherwise, and all rights and/or goodwill associated with such Other Marks or intellectual property rights in connection with End Product shall not inure to
the benefit of SUPPLIER. 
 3.4 Within 14 days after the end of each of BUYER’s fiscal quarters, BUYER
shall submit a written quarterly report to SUPPLIER concerning sales of the End Products in the Territory for such quarter. 
 3.5 BUYER shall use the Products only for development, sales, maintenance and/or service of End Products and shall not sell the Products itself to any third parties with and/or outside of territory.

 3.6 BUYER shall not use the Products for mobile application such as automobile. 

3.7 BUYER shall not use trademarks, logos, signs or other marks owned by SUPPLIER for End Products. 

ARTICLE 4 
 ORDER
AND DELIVERY 
 4.1 The order from BUYER to SUPPLIER for the purchase of any of products
(“Order”) shall be given by BUYER in writing from time to time. All purchase orders submitted by BUYER to SUPPLIER shall be acknowledged by SUPPLIER by returning a Proforma Invoice matching the Purchase Order via fax or email to
BUYER within seven (7) working days after receipt and upon delivery of such Proforma Invoice shall become binding upon SUPPLIER. No Order shall be binding upon SUPPLIER unless and until it has been accepted and confirmed in writing by delivery
of a Proforma Invoice by SUPPLIER. SUPPLIER may refuse to accept any Order only if BUYER is in violation of Paragraph 4.5 below and SUPPLIER shall not be liable to BUYER in respect of any such refusal If SUPPLIER. refuses to accept any Order
placed by BUYER hereunder, BUYER shall then be permitted to purchase the Products covered by such Order from any third party. Except as otherwise provided herein, no firm Order shall be cancelled or adjusted by either party without the written
consent of the other party. 

  
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 4.2 In the event of any conflict between this Agreement and any provision,
term or condition set forth on any purchase order, acknowledgment, invoice or other document or communication or any provision, term or condition set forth on any purchase order, acknowledgment, invoice or other document or communication attempts to
add, amend, modify or replace the terms and conditions of this Agreement with any different or additional terms or conditions, the provisions of this Agreement shall prevail. 

4.3 Upon receipt of a purchase order from BUYER, SUPPLIER shall notify BUYER of the delivery date for the Products. If
the delivery date notified by SUPPLIER is not acceptable or delivery of the Products to the common carrier is delayed [15] days or more past such date, BUYER may cancel the order for such Products by written notice to SUPPLIER and SUPPLIER and BUYER
shall not be liable to the other party in respect of any such cancel. SUPPLIER shall maintain sufficient manufacturing capabilities for supplying the Products to BUYER and shall supply BUYER with those Products described in any purchase order which
BUYER may issue from time to time. 
 4.4 SUPPLIER shall make its best endeavors to fulfill firm Orders for the
supply of Products with all reasonable dispatch but SUPPLIER shall not be liable in any way for any loss of trade or profit suffered by BUYER in the event of delivery of Products being restricted, frustrated or delayed as a result of strike, riot,
lockout, dispute, act or restraint of Government, export or import embargoes or restrictions, any force majeure or other cause outside the reasonable control of SUPPLIER and SUPPLIER may allocate supplies of Products as between buyers on such basis
as it considers to be fair and reasonable in the event of there being shortages of supply or restrictions on delivery by reason of any of the matters referred to in this clause. SUPPLIER shall promptly notify BUYER in writing of the occurrence of
any of the matters referred to in this clause, and upon receipt of such notice, BUYER shall have the option, in its sole discretion, to cancel any Order(s) affected thereby. 

4.5 Forecasts. Prior to the first day of each month, BUYER shall furnish a written 90 day forecast for the
Products which BUYER anticipates a need for in the period for which the forecast applies. BUYER will not be liable for any changes or inaccuracies in such forecast, which is to be used for planning purposes only. 

ARTICLE 5 
 PRICE
AND PAYMENT TO SUPPLIER 
 5.1 Except where otherwise agreed upon in writing by SUPPLIER and BUYER, the price
payable for any Products shall be as stated on the attached Exhibit A.5. Such prices shall be firm through December 31, 2010. Such prices shall be on the basis of FOB shipping point pursuant to INCOTERMS 2000 of the International Chamber
of Commerce. Prices are specified in U.S. dollars. 
 5.2 All payments for Products by BUYER to SUPPLIER shall
be made by Telegraphic Transfer in Advance. According to EX/IM insurance limitation of SUPPLIER side, payment terms may change to net 60 days from the date the Products are shipped. In case of net 60 days payment terms, SUPPLIER shall promptly
invoice BUYER for the price of the Products 

  
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at the time of shipment and BUYER shall pay all conforming invoices in full within 60 days after the date the Products are shipped. All payments hereunder shall be made in $US dollars.

 5.3 All payments due from SUPPLIER to BUYER for any reason are to be made to the BUYER within 60 days via
Telegraphic Transfer unless other arrangements are made in advance and accepted in writing by the BUYER. 
 ARTICLE 6 

PACKING, SHIPPING, CLAIMS FOR SHORTAGES, DELAYS OR DAMAGES 

6.1 Packaging, Shipping and Delivery. SUPPLIER is responsible for all containers, preparation, labeling,
packaging, country-of-origin marking, loading and handling (“Shipment Preparation”). All Shipment Preparation shall be in such a manner as to reasonably ensure transportation without damage, and be in accordance with specifications
provided by BUYER and applicable law and standards for international shipments by sea. Shipping instructions for the Products shall be provided by BUYER and shall designate a carrier, destination, which may be a BUYER factory or warehouse,
third-party warehouse facility, contracted dealer or distributor, or any combination of the above. All shipments shall be FOB pursuant to INCOTERMS 2000 of the International Chamber of Commerce. Bills of Lading, packing lists and other shipping
documents specified by BUYER shall be forwarded to BUYER or BUYER’s freight forwarder as instructed by BUYER. SUPPLIER, at SUPPLIER’s expense, shall obtain all export licenses and export customs clearances for the Products necessary to
ship the Products from Korea within the timeframes set forth in this Agreement. 
 6.2 Inspection,
Acceptance, Claims and Risk of Loss. BUYER may, at its option and cost, inspect and test the Products at SUPPLIER’s manufacturing facility during normal business hours and/or at the point of first destination. All Products shall be received
subject to BUYER’s inspection at BUYER’s designated North American facility. Responsibility for Products remains with SUPPLIER only so long as SUPPLIER shall have risk of loss under the delivery terms specified in Order; any claims for
loss or damages occurring thereafter shall be made by BUYER direct to the carrier of the Products; provided, however, that the foregoing shall not diminish or invalidate SUPPLIER’S obligations under Section 6.1, and SUPPLIER shall
package and ship Products in such manner as to reasonably insure transportation without damage. SUPPLIER shall reasonably cooperate with BUYER in presenting claims for shipping damage or other losses in transit. If BUYER shall have reason to believe
it has any other claim against SUPPLIER for shortages or non-conforming Products, BUYER shall present such claim to SUPPLIER, as the case may be, in writing, with full details as to the basis and amount thereof, within thirty days after BUYER knows,
or has reason to know, of the basis for such claim and SUPPLIER shall promptly work with BUYER to resolve the issue. 
 ARTICLE 7

 ORGANIZATION AND FACILITY FOR SALES AND SERVICE 
 BUYER shall maintain a staff of salesmen and customer relations organization adequate for promotion and sales of the Products and shall employ a sufficient number of competent mechanics, electricians and
electronic technicians adequate to meet the service requirements of the owners and/or the end users of the End Products in Territory and shall maintain facilities 

  
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adequate to perform all required sales and services of the Products and/or End Products, in each case consistent with BUYER’s past practices. This requirement may be satisfied by the BUYER
establishing qualified dealers in the territory. 
 ARTICLE 8 

MARKETING AND ADVERTISEMENT 
 8.1 BUYER shall use its commercially reasonable efforts to promote sales of the Products throughout Territory. 
 8.2 BUYER shall demonstrate and exhibit End Products at trade shows or trade fairs in Territory as BUYER determines in its sole discretion and BUYER shall maintain the Products and/or End Products and the
demonstration areas in good condition and keep open during normal trade show hours for promotion and display of End Products. 
 8.3 SUPPLIER will make available technical and marketing support materials which SUPPLIER may consider to be necessary without charge or at such reasonable charges as SUPPLIER determines. 

ARTICLE 9 

WARRANTY 
 The
warranty responsibility of SUPPLIER as manufacturer and supplier of Products and the warranty service which SUPPLIER is required to perform hereunder shall be in accordance with “THE WARRANTY” as attached hereto as EXHIBIT B.

 ARTICLE 10 
 INTELLECTUAL PROPERTY RIGHTS 
 10.1 BUYER hereby acknowledges that
all patents, trademarks and other Intellectual property rights previously owned or subsequently developed by SUPPLIER that are used in or in connection with the Products (“SUPPLIER Intellectual Property Rights”) are and shall remain
the sole property of SUPPLIER and BUYER shall not dispute or contest SUPPLIER’s rights or title thereto and shall (at SUPPLIER’s expense) take any step as SUPPLIER may reasonably request in order to preserve, renew or maintain the same on
behalf of SUPPLIER. BUYER shall not have the right to use any Supplier Intellectual Property Rights except as permitted hereunder. 
 10.2 SUPPLIER hereby acknowledges that all patents, trademarks, certifications and other intellectual property rights previously owned or subsequently developed by BUYER that are used in, in connection
with or are related to the End Products (“BUYER Intellectual Property Rights”) are and shall remain the sole property of BUYER and SUPPLIER shall not dispute or contest BUYER’s rights or title thereto and shall (at BUYER’s
expense) take any step as BUYER may reasonably request in order to preserve, renew or maintain the same on behalf of BUYER. SUPPLIER shall not have the right to use any Buyer Intellectual Property Rights. 

10.3 In any catalogues, price list or similar publication created by BUYER in which reference is made to any registered
Supplier Intellectual Property Rights relating thereto, there shall be included in legible type a statement informing the reader in regards to the proprietorship 

  
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of such registered Supplier Intellectual Property Rights as reasonably requested in writing by SUPPLIER. 
 10.4 In the event that BUYER discovers that any of the Supplier Intellectual Property Rights are being infringed by any third party, BUYER shall forthwith inform SUPPLIER of such infringement and shall
assist SUPPLIER in taking any such steps as may be necessary to protect SUPPLIER’s trade marks or rights at SUPPLIER’s expense. In the event that SUPPLIER discovers that any of the Buyer Intellectual Property Rights are being infringed by
any third party, SUPPLIER shall forthwith inform BUYER of such infringement and shall assist BUYER in taking any such steps as may be necessary to protect the Buyer Intellectual Property Rights at BUYER’s expense. 

10.5 BUYER undertakes and agrees to indemnify SUPPLIER and hold it harmless against any loss, cost, claim, damage, action
or proceeding suffered by SUPPLIER as a result of any actual or alleged infringement of any third party’s intellectual property rights where such infringement occurs by reason of any addition, alterations or adaptations made to the Products by
BUYER (without the prior written authorization of SUPPLIER) after delivery. 
 10.6 SUPPLIER undertakes and
agrees to indemnify BUYER and hold it harmless from and against any loss, cost, claim, damage, action or proceeding suffered by BUYER as a result of any actual or alleged infringement of any third party’s intellectual property rights where such
infringement occurs by reason of or arises out of or relates to any feature or design and manufacture of the Products of SUPPLIER. 
 ARTICLE 11 
 NO AGENCY 

11.1 This Agreement does not constitute the appointment of either party as the agent or legal representative of the other
for any purpose whatsoever. 
 11.2 BUYER shall not incur any liability on behalf of SUPPLIER or in any way
pledge or purport to pledge SUPPLIER’s credit or accept any order or make any contract binding upon SUPPLIER without prior written consent of SUPPLIER. SUPPLIER shall not incur any liability on behalf of BUYER or in any way pledge or purport to
pledge BUYER’s credit or accept any order or make any contract binding upon BUYER without prior written consent of BUYER. 

ARTICLE 12 
 TERM

 12.1 This Agreement shall become effective on the Effective Date and shall remain effective for ** years (the
“Initial Term”), unless terminated earlier pursuant to Article 13.2 hereof. After the Initial Term, this Agreement shall automatically renew for additional ** terms unless and until either party gives the other party written
notice at least 6 months prior to the end of the current term or a new written agreement is executed by both parties. 

  
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 ARTICLE 13 
 TERMINATION 
 13.1 This Agreement may be terminated by either
party upon written notice to the other party upon any of the following events: 
 (a) If the other party becomes
insolvent or passes a resolution to go into voluntary liquidation or makes any assignment or arrangement for the benefit of its creditors or makes any composition with its creditors or suffers any winding up order to be made against it or suffers
any distress or execution to be levied against any of its assets or if a receiver of all or part of its undertaking assets is appointed by any creditor or if any administrator is appointed or any administration order is made. 

(b) If the other party provides intentionally false reports, statements, invoices, claims for reimbursements or any other
intentionally false information or reports. 
 (c) If the other party commits any breach of the terms or
conditions of this Agreement and such party fails to remedy such breach within sixty (60) days of being requested so to do by written notice from the non-breaching party describing in reasonable detail the breach under this Agreement to be
cured. 
 13.2 If this Agreement is terminated for any reason whatsoever, the provisions of Articles 9,
10, 13, 14, 15, 17, 18, 19, 20, 21 and 22 hereof shall survive after expiration or termination of this Agreement. Expiration or termination of this Agreement for any reason shall
not affect any liabilities or obligations of either party which have accrued at the date of expiration or termination or which by their nature survive expiration or termination. 

13.3 BUYER understands and agrees that failure to fulfill Performance Objectives as defined in Exhibit A.4, such
failure was not caused by the SUPPLIER refusing to accept Purchase Orders or failing to perform its responsibilities as defined herein, during the Initial Term shall constitute the material breach of this Agreement. Therefore, in case of such
failure, SUPPLIER shall have the right to terminate this Agreement and BUYER shall have the right to continue purchasing Products on non-exclusive basis either directly from SUPPLIER or through the authorized SUPPLIER’s representative under the
new prices and terms offered by SUPPLIER until the end of Initial Term. 
 ARTICLE 14 

FORCE MAJEURE 

In case the performance of this Agreement and all Orders accepted by SUPPLIER in writing hereunder are subject to (whether these affect
SUPPLIER, its suppliers, any forwarding or other agent of SUPPLIER) strikes, labor disputes, lockouts, accidents, fires, delays in manufacture, transportation, or carriage or delivery of materials, floods, severe weather or other acts of God,
embargoes, governmental actions, or the other circumstances beyond the reasonable control of SUPPLIER whether or not similar to the circumstances above mentioned, SUPPLIER shall not be liable for any loss or damage or any delay or failure to perform
any of its obligations hereunder including, without limitation, the manufacture and / or delivery of the Products, under this Agreement or under any binding contract of the supply thereof wherever such loss, damage,

  
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delay or failure to perform is the result of such circumstances. SUPPLIER must promptly notify BUYER of a Force Majeure event in writing. 

ARTICLE 15 

NOTICE 
 Any
notice, request, consent, offer or demand or required or permitted under this Agreement must be in writing and sent by a registered airmail, facsimile or e-mail to the address in the Exhibit A.3. Notices sent by letter shall be effective
fifteen business days after sending, and notices sent by facsimile or e-mail shall be effective one business day after sending, unless otherwise agreed by the parties. 
 ARTICLE 16 
 WAIVER 

The failure by either party to enforce any of the terms of this Agreement shall not constitute a waiver of that party’s right
hereafter to enforce that or any other term of this Agreement. 
 ARTICLE 17 

RIGHT OF THE PARTIES TO THIS AGREEMENT 
 This Agreement and all terms and conditions hereof shall be personal to the parties and shall be binding upon any successor in title to the parties and neither party may assign, charge, sub-contract or
otherwise deal with any right or obligation under this Agreement without the prior written consent of the other party. 
 ARTICLE
18 
 GOVERNING LAW 
 18.1 This Agreement shall be governed by and construed in all respects in accordance with the law of the United Kingdom. 

18.2 The parties will attempt to resolve all disputes relating to this Agreement by negotiating in good faith. All
disputes, controversies, or differences which may arise between the parties, out of or in relation to or in connection with this Agreement, or for the breach thereof, shall be finally settled by arbitration before a single arbitrator in London,
United Kingdom in accordance with the Commercial Arbitration Rules of the International Chamber of Commerce, except as modified by this Agreement. The award rendered by the arbitrator(s) shall be final and binding upon both parties concerned and the
parties consent to entry of a judgment upon such award in any court having jurisdiction thereof. The language of arbitration will be English. Notwithstanding the foregoing, each party acknowledges that the breach of any nondisclosure,
confidentiality or similar obligation to the other party will result in irreparable injury to the nonbreaching party and agrees that the nonbreaching party will be entitled to preliminary and permanent injunctive relief, without the necessity of
proving actual damages, which rights will be cumulative and in addition to any other rights or remedies to which the parties may be entitled. 

  
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 ARTICLE 19 
 LIMITATION OF REMEDIES 
 Neither party shall be responsible for incidental,
consequential or punitive damages except as expressly provided for in this Agreement. The remedies set forth in this Agreement are the sole and exclusive remedies for the other party’s breach of this Agreement. 

ARTICLE 20 

CONFIDENTIALITY 
 20.1 Each party acknowledges that all Confidential Information disclosed to it (the “Receiving Party”) by the other party (the “Disclosing Party”) pursuant to this
Agreement shall at all times, both during and after any expiration or termination of this Agreement, remain the sole and exclusive property of the Disclosing Party, and the Receiving Party shall not acquire any proprietary or other interest therein.
“Confidential Information” means knowledge and information, not generally known in the industry, which provides the Disclosing Party with a competitive advantage relating to its products, methods, processes, formulations,
technology, sales methods, customer lists, customer usage and requirements and other confidential business information and trade secrets. Confidential Information includes, but is not limited to, the nature of the parties’ relationship and the
terms of this Agreement, mailing lists, sales results, photographic images, drawings, specifications, proposals, marketing and sales plans, financial and cost information, pricing information and policies, computer programs, customer information and
lists, strategic plans, methods, processes and techniques, personnel information and other similar confidential and proprietary information. 
 20.2 Except as necessary to its performance under this Agreement, the Receiving Party shall not, directly or indirectly, disclose or permit anyone to disclose any Confidential Information disclosed by the
Disclosing Party, and shall carefully guard and keep secret all such Confidential Information. The Receiving Party shall make use of such Confidential Information only during the term of this Agreement and solely for the purpose of carrying out the
intent of this Agreement. Upon any expiration or termination of this Agreement for any reason, the Receiving Party shall surrender to the Disclosing Party all documents embodying the Disclosing Party’s Confidential Information, including, but
not limited to, plans, specifications, literature, samples. documents and all copies thereof. 
 20.3 The
Receiving Party shall not be liable for disclosure to others of information disclosed to the Receiving Party by the Disclosing Party if the information: [a] can be demonstrated by documentary evidence to have been in the Receiving Party’s
possession or available to the Receiving Party prior to the receipt of same from the Disclosing Party; [b] was received from a third party having no obligation to the Disclosing Party to hold the same in confidence; [c] can be demonstrated to have
been generally known or generally available to the public prior to the date of the disclosure; [d] becomes generally known or generally available to the public through no act or failure to act on the part of the Receiving Party; or [e] is required
to be disclosed under compulsion of any applicable law. 

  
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 ARTICLE 21 
 ENTIRE AGREEMENT AND MODIFICATION 
 21.1 This Agreement
constitutes the entire agreement between the parties hereto in relation to the subject matter hereof and shall be in substitution for all prior understanding agreements or arrangements (if any) between the parties in relation to such subject matter
and each of the parties hereby acknowledges and agrees that save for any term expressly stated herein no reliance has been placed upon any other warranty or representation or any description given or made by either of the parties prior to the entry
into this Agreement. 
 21.2 No modification, variation or amendment of any term of this Agreement or any
document shall be effective unless it is in writing and has been signed by or behalf of both SUPPLIER and BUYER. 
 21.3 The various provisions of this Agreement are severable and if any provision is held to be invalid or unenforceable by any court of competent jurisdiction then such invalidity or unenforceability
shall not affect the remaining provisions of this Agreement. 
 ARTICLE 22 

HEADING 
 This
headings of the clauses contained in this Agreement are included for convenience and shall not be used in construing this Agreement. 
 ARTICLE 23 
 COUNTERPARTS AND CONTROLLING LANGUAGE 

This Agreement may be executed in separate counterparts each of which, when signed, shall be assumed to be an original and each of such
counterparts shall constitute the same agreement. This Agreement may be translated into other languages and in the event of conflict between this document in the English language and any version thereof in a different language, the English language
version of this Agreement shall prevail. 
 IN WITNESS WHEREOF the undersigned parties have executed this Agreement as of the
Effective Date. 
  

					
	DOOSAN INFRACORE CO., LTD.	 		 	PSI INTERNATIONAL LLC
			
	 /s/ Choi Won-Joon
	 		 	 /s/ Gary Winemaster

	TITLE: Managing Partner	 		 	TITLE: President
	NAME: Won-Joon, Choi	 		 	NAME: Gary Winemaster

  
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 EXHIBIT A 
  

	 	A.1	PRODUCTS 

 LONG
BLOCK only for Stationary Natural Gas Application from 8.1L to 21.9L Displacement 
  

									
	 Model
	  	No. of Cyl	  	Disp (l)	 	  	BorexStroke (mm)
				
	 GE08TI Long block
	  	L 6	  	 	8.1	  	  	111 x 139
	 GE12TI Long Block
	  	L 6	  	 	11.1	  	  	123 x 155
	 GV158TI Long Block
	  	V8	  	 	14.6	  	  	128 x 142
	 GV180TI Long Block
	  	V10	  	 	18.3	  	  	128 x 142
	 GV222TI Long Block
	  	V12	  	 	21.9	  	  	128 x 142

 Long Block is
not the complete engine. Performance and emissions level are not guaranteed by SUPPLIER. 
  

	 	A.2	 BUYER’S SALES AND SERVICE TERRITORY 

 The United States of America, Canada and Mexico 
  

	 	A.3	 NOTICE 

  

	To:	 SUPPLIER, DOOSAN INFRACORE Co., Ltd. (Attn : W.T. Kim) 

DOOSAN TOWER 23TH FL. 18-12, Euljiro-6Ga, Jung-Gu, Seoul, Korea 100-730 

Tel) +82-2-3398-8524 Fax ) +82-2-3398-8509 email ) woongtae.kim@doosan.com 

 

	To:	 BUYER, PSI INTERNATIONAL, LLC, (Attn : Gary Winemaster) 

655 Wheat Lane, Wood Dale, Illinois 60191, United States 

Tel) 630-350-9400 Fax ) 630-350-9900 email) gwinemaster@powergreatlakes.com 

 

	 	A.4	 PERFORMANCE OBJECTIVES 

  

									
	 YEAR
	  	2007	 	2008	 	2009	 	2010
					
	 Quantity (Units)
	  	**	 	**	 	**	 	**

 If, at the end of each
year during the Initial Term of this Agreement, SUPPLIER reasonably determines that BUYER has failed to meet the Performance Objectives for the previous year period, SUPPLIER may provide BUYER with a written notice of such fact, and a reasonable
opportunity of not less than ninety (90) days to meet such Performance Objectives. BUYER may contest the notice or SUPPLIER’s conclusions, by written response within thirty (30) days. 

  
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 If BUYER does not reasonably cure a failure to meet Performance Objectives after the cure
period set forth above, then SUPPLIER may terminate exclusivity under this Agreement but will continue to sell Products to BUYER in accordance with Article 13.3. 

 

	 	A.5	PRICE 

 (USD, FOB KOREAN PORT)

  

									
	 Model
	  	PRICE
IN 2007	 	PRICE
IN 2008	 	PRICE
IN 2009	 	PRICE
IN 2010
					
	 GE08TI Long block
	  	**	 	**	 	**	 	**
	 GE12TI Long Block
	  	**	 	**	 	**	 	**
	 GV158TI Long Block
	  	**	 	**	 	**	 	**
	 GV180TI Long Block
	  	**	 	**	 	**	 	**
	 GV222TI Long Block
	  	**	 	**	 	**	 	**

 This pricing must be
adjusted for the revised scope of supply before it can be approved. 
 SUPPLIER accept special deduction of USD **/unit for
promotion and US08 developing cost up to ** units and/or 2008 whichever comes first. 
 In case the exchange rate between US
dollar and Korean Won changes more than by 3% from the date hereof, the price above shall be adjusted in consideration of such changes through the agreements between both parties. 

In case the payment term changed in accordance with Article 5.2, SUPPLIER shall have the right to adjust the price based on the
expenses and risk. 

  
 13 

 EXHIBIT B 
 Warranty Policy 
 SUPPLIER’s liability under this warranty shall be IN LIEU
OF ALL OTHER LIABILITIES OF SUPPLIER for defect in material or workmanship of Products or ANY OTHER WARRANTIES, EXPRESS OR IMPLIED, statutory or at common law WHICH DISTRIBUTOR HEREBY WAIVES. In no event shall SUPPLIER be liable for consequential or
indirect damages regarding Products or End-Products. 
 Indemnification 

Notwithstanding any other provisions in this Agreement, BUYER shall indemnify SUPPLIER and its subsidiaries and hold them harmless against
and from any and all claims, damages, costs and expenses with respect to any loss of or damage to property, and any injury to or death of any person, arising out of or attributable to any use, application into other machines/systems or sale of the
Products. 
 3rd Party’s Right 
 SUPPLIER shall in no event warrant the any use, application into other machines/ systems or sale of Products is free from infringement of any 3rd party’s right. BUYER shall indemnify SUPPLIER and its
subsidiaries and hold them harmless against from any and all claims or actions against SUPPLIER or BUYER for infringement of any 3rd party’s right in connection with BUYER’s use, application into other machines/ systems of the Products.

  

	1.	 Special warranty for Long Blocks 

  

	 	A.	 Definition of applications 

 i. Standby Power: Operation Hours: 500Hrs/Year maximum, No Overload is permitted, Maximum power is permitted for a maximum of 1 hour in a 12 hours and totally 25 hours in a year. Average Load will be a
maximum of 70% of Standby power rating. 
 ii. Prime Power: Unlimited Hours, 10% Overload is permitted for a
maximum of 1 hour in a 12 hour period, not to exceed 12 hours in a year. Average load will be a maximum of 70% of Prime power rating. 
 iii. Continuous Power: Unlimited hours, 100% Load. 
  

	 	B.	 Warranty period for applications 

 i. Coverage is for the lesser of 1 year or 500 operating hours for standby power and or 2,000 operating hours for prime and continuous power from the date

  
 14 

 
of delivery of the product to the fist end user of the Long Block whichever comes first. 
  

	 	C.	 What is covered 

 i. SUPPLIER warrants durability defects only for Cylinder heads assembly. 
 ii. SUPPLIER warrants Products to be free from defects in material and workmanship. 
 iii. SUPPLIER warrants that Products are correctly machined and assembled. 
  

	 	D.	 What is not covered 

 i. Any defect on other parts not supplied by SUPPLIER. 
 ii. Any
consequential and/or indirect damage. 
 iii. Any defect and/or functional difficulty due to improper application
as described in Section 1. A in this Exhibit B. 
 iv. Any defect and / or functional difficulty due to
improper handling or unsatisfactory repair and maintenance. 
 v. Any defect and / or functional difficulty due
to the parts replacement with non-genuine SUPPLIER’s service parts or non-equivalent in quality and design to genuine SUPPLIER’s service parts. 
 vi. Any defect and / or functional difficulty due to repair adjustment, service, or parts replacement by any personnel who are not authorized by SUPPLIER’s or BUYER’s trained employees.

 vii. Any durability defects except cylinder head assembly. 

viii. SUPPLIER will not pay for labor, transportation, accommodation and/or any consequential cost. 

ix. Any defect and / or functional difficulty due to parts which SUPPLIER does not supply. 

 

	 	E.	 Scope of Warranty 

 i. SUPPLIER provide new parts or pay the BUYER 120% of the part’s price. 
  

	 	F.	 Others 

 i. SUPPLIER reserves the right to access Mastertrak and/or ECU data installed on End Product. BUYER should provide them as SUPPLIER’s request. 

  
 15 

 ii. Standby and/or Prime Power rating and any other conditions effect on the
durability of Cylinder Head should be maintained within the limit set by SUPPLIER. 

  
 16 

 ADDENDUM TO THE SUPPLY AGREEMENT BETWEEN DOOSAN INFRACORE CO., LTD AND PSI INTERNATIONAL,
LLC DATED DECEMBER 11, 2007 
 Effective December 27th, 2007, the parties to the agreement agree to replace paragraph 2.1
in the original agreement in its entirety with the following: 
 “Other than products of General Motors, during the term of
this agreement, BUYER shall not, without prior written consent of SUPPLIER, be concerned or interested, in the manufacture, production, importation, sale or advertisement of any goods in Territory which, have the same displacement and are designed
to perform same function as Products unless SUPPLIER is in breach of any term of this Agreement and/or fails to timely supply to BUYER with Products ordered hereunder in accordance with the terms hereof. If this provision or this Agreement is in or
becomes into conflict with any other preexisting agreement to which BUYER and/or SUPPLIER or any of its affiliates is a party, the parties agree to negotiate in good faith modifications to this provision and this Agreement so as to eliminate such
conflict.” 
  

									
	By:	 	 /s/ Gary Winemaster
	 		 	By:	 	 /s/ Woong Tae Kim

	Gary Winemaster	 		 	Woong Tae Kim
	President	 		 	General Manager
	Power Solutions International, LLC	 		 	Engine & Material BG.
		 		 		 	Doosan Infracore Co., Ltd.

 ADDENDUM 

This Addendum (“Addendum”) is made and entered into this 30th day of September, 2008 by and between DOOSAN Infracore Co., Ltd.
having its principal place of business at 7-11, Hwasu-dong, Dong-gu, Incheon, Korea (“SUPPLIER”) and PSI INTERNATIONAL, LLC, an Illinois limited liability company (“PSI”), having its principal place of business at
656 Wheat Lane, Wood Dale, Illinois 60191, United States (PSI and its affiliates shall collectively be referred to herein as “BUYER”). 
 WITNESSETH: 
 WHEREAS, the parties entered into a certain Agreement dated
December 11, 2007 (the Agreement); 
 WHEREAS, Section A(4) Performance Objectives in Exhibit A in the Agreement,
BUYER agreed to fulfill the Performance Objectives as listed below. 
  

									
	 YEAR
	  	2007	 	2008	 	2009	 	2010
					
	 Quantity (Units)
	  	**	 	**	 	**	 	**

 However BUYER could not
fulfill the Performance Objectives in 2008 due to delay of projects related to SUPPLIER’s engine which caused by the delay of development of the emissions certified engines. 

WHEREAS, BUYER and SUPPLIER have agreed to resolve the matter, without admission of liability by either party. 

NOW, THEREFORE, BUYER and SUPPLIER agree to modify the provision in the Agreement as follows: 

 

	1.	 Performance Objectives: 

 Both parties agreed to modify the Performance Objectives as below. 
  

									
	 YEAR
	  	2008	 	2009	 	2010	 	2011
					
	 Quantity (Units)
	  	** *	 	**	 	**	 	**

  

	*	 2008 quantity is contingent upon the result of the order for GE08 x ** units. Otherwise, 2008 will only be ** units. 

If, at the end of each year during the Initial Term of this Agreement, SUPPLIER reasonably determines that BUYER has failed to meet the
Performance Objectives for the previous year period, SUPPLIER may provide BUYER with a written notice of such fact, and a reasonable opportunity of not less than ninety (90) days to meet such Performance Objectives. BUYER may contest the notice
or SUPPLIER’s conclusions, by written response within thirty (30) days. If BUYER does not reasonably cure a failure to meet Performance Objectives after the cure period 

 
set forth above, then SUPPLIER may terminate exclusivity under this Agreement but will continue to sell Products to BUYER in accordance with Article 13.3. 

 

	2.	 Price: 

BUYER could not receive the special deduction due to low sales performance. SUPPLIER agrees to provide the special deduction of USD
**/unit for promotion and US08 developing cost under the condition below. 
 (1) SUPPLIER
agrees to provide the special deduction of USD **/unit up to 1st half of 2009. 
 (2) IF BUYER’s engine
order exceeds ** units in the 1st half of 2009, SUPPLIER
will continue to provide the special deduction of USD **/unit up to remaining ** units and/or 2009 whichever comes first. 
  

	3.	 Payment Term 

 All payments for Products by BUYER to SUPPLIER shall be made by Telegraphic Transfer 60 days after B/L Date. However if BUYER’s order amount and/or unpaid amount exceeds USD 400,000, EX/IM insurance
limitation of SUPPLIER side, then the Payment Term will be immediately changed to Telegraphic Transfer in Advance. 
  

					
	 /s/ Gary Winemaster
	 		 	 /s/ Kilsoo Kim

	By:	 		 	By: Kilsoo Kim
	Title:	 		 	Title: General Manager
	Power Solutions International, LLC	 		 	Engine & Material BG.
		 		 	Doosan Infracore Co., Ltd.

  
 2 

 ADDENDUM B 

This Addendum (“Addendum”) is made and entered into this 18th day of November, 2009 by and between DOOSAN Infracore Co., Ltd.
Having its principal place of business at 7-11 Hwasu-dong, Dong-gu, Incheon, Korea (“SUPPLIER”) and PSI International, LLC, an Illinois limited liability company (“PSI”) having its principal place of business at 655
Wheat Lane, Wood Dale, IL 60191, United States (PSI and its affiliates shall collectively be referred to herein as “BUYER”). 
 WITNESSETH: 
 WHEREAS, the parties entered into a certain Agreement dated
December 11, 2007 (the Agreement) and agreed Addendum dated September 30, 2008 (the Addendum). 

WHEREAS, Article 2. GRANT OF BUYER in the Agreement, both parties agreed that the SUPPLIER appoints BUYER as an exclusive buyer and
distributor of Products within Territory under the conditions that they fulfill the target volumes, 
 WHEREAS, Provision 1.
Performance Objective in the Addendum, BUYER agreed to fulfill the Performance Objectives as listed below: 
  

									
	 YEAR
	  	2008	 	2009	 	2010	 	2011
					
	 Quantity (units)
	  	**	 	**	 	**	 	**

 WHEREAS, the BUYER has
purchased ** engines from January to October, of 2009 and there is a possibility that BUYER may not fulfill the performance objective in 2009. 
 However, SUPPLIER acknowledges and agrees the situation that BUYER’s target volume may not be fulfilled due to the global economic crisis which has gravely affected the manufacturing and industrial
economy in the US. 
 NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, despite the
BUYER’s performance in 2009, the SUPPLIER agrees and confirms that BUYER’s exclusivity rights shall remain valid and enforceable through ** even though the Performance Objectives in Provision 1 of the Addendum may not be met from 2009 -
**. 
  

					
	 By: /s/ Ken Winemaster
	 		  	 By: /s/ Kilsoo Kim

	Ken Winemaster	 		  	Kilsoo Kim
	Senior Vice President	 		  	General Manager
	Power Solutions International, LLC	 		  	Engine & Material BG
		 		  	Doosan Infracore Co., Ltd.

 ADDENDUM 
 This Addendum (“Addendum”) Is made and entered into this 31 day of December, 2009 by and between DOOSAN Infracore Co., Ltd. having its principal place of business at 7-11, Hwasu-dong,
Dong-gu, Incheon, Korea (“SUPPLIER”) and PSI INTERNATIONAL, LLC, an Illinois limited liability company (“PSI”), having its principal place of business at 665 Wheat Lane, Wood Dale, Illinois 60191, United States (PSI
and its affiliates shall collectively be referred to herein as “BUYER”). 
 WITNESSETH: 

WHEREAS, the parties entered into a certain Agreement dated December 11, 2007 (the Agreement) and agreed Addendum dated
September 30, 2008 (the Addendum). 
 WHEREAS, Article 2. GRANT OF BUYER in the Agreement, both parties agreed that
the SUPPLIER appoints BUYER as an exclusive buyer and distributor of Products within Territory under the condition to fulfill the target volume. 
 WHEREAS, Provision 1. Performance Objective in the Addendum, BUYER agreed to fulfill the Performance Objective as listed below. 

 

									
	 YEAR
	  	2008	 	2009	 	2010	 	2011
					
	 Quantity (Units)
	  	**	 	**	 	**	 	**

 WHEREAS, the BUYER has
purchased ** engines from January to October of 2009 and there is a possibility that BUYER could not fulfill the performance object in 2009. 
 However, SUPPLIER acknowledges and agrees the situation that BUYER’s target volume may not be fulfilled due to the global economic crisis which has gravely affected the manufacturing and industrial
economy in US. 
 NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, despite the
BUYER’s performance in 2009, the SUPPLIER agrees and confirms that BUYER’s exclusivity rights shall remain valid and enforceable through ** without volume commitment. The Supplier also agree to extend the development discount for the next
** units purchased in 2010. 
  

					
	 By: /s/ Ken Winemaster
	 		 	 By: /s/ Kilsoo Kim

	Ken Winemaster	 		 	Kilsoo Kim
	Senior Vice President	 		 	General Manager
	Power Solutions International, LLC	 		 	Engine & Material BG.
		 		 	Doosan Infracore Co., Ltd.

  
 2Distribution Agreement

 Exhibit 10.13 
 CONFIDENTIAL TREATMENT – REDACTED COPY 
 ** CERTAIN
INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A CONFIDENTIAL TREATMENT REQUEST UNDER 17 C.F.R. SECTIONS 24b-2, 200.80(B)(4) AND 230.406. 

DISTRIBUTION AGREEMENT FOR PERKINS PRODUCTS 
 BY AND BETWEEN 
 PERKINS ENGINES INC. 

AND 

POWER GREAT LAKES, INC. 

 Contents 

 

							
		  	Definitions	  			
	1.	  	Scope and Purpose	  	 	1	  
	2.	  	Appointment and Duration	  	 	1	  
	3.	  	Distributor Premises	  	 	4	  
	4.	  	Distributor Responsibilities	  	 	5	  
	5.	  	Perkins Responsibilities	  	 	9	  
	6.	  	Joint Responsibilities	  	 	10	  
	7.	  	Ordering, Delivery, Other Terms for Engines, Manufactured Parts and Kits	  	 	10	  
	8.	  	Price and Terms of Payment for Engines, Parts and Kits	  	 	12	  
	9.	  	Intentionally Left Blank.	  	 	13	  
	10.	  	Intentionally Left Blank	  	 	13	  
	11.	  	Intentionally Left Blank	  	 	13	  
	12.	  	Product Warranty and Changes in Specifications	  	 	13	  
	13.	  	Perkins Trademarks and Other Intellectual Property Rights	  	 	14	  
	14.	  	Indemnities and Product Liability	  	 	15	  
	15.	  	Breach and Termination	  	 	16	  
	16.	  	Assignment and Confidentiality	  	 	18	  
	17.	  	Severability, Applicable Law and Applicable Venue	  	 	19	  
	18.	  	Force Majeure	  	 	19	  
	19.	  	Changes to the Agreement	  	 	20	  
	20.	  	Waiver of Default and General Liability	  	 	20	  
	21.	  	Additional Special Conditions	  	 	20	  
	22.	  	Notices	  	 	20	  
		
	 Schedules
	  			
	1.	  	Details of Current Engines	  			
	2.	  	Territory	  			
	3.	  	Direct Customer Details	  			
	4.	  	Perkins Standard Terms of Sale	  			
	5.	  	Intentionally Left Blank	  			
	6.	  	Existing Distributor Agreement	  			
	7.	  	Additional Special Conditions	  			
	8.	  	Perkins Trademark	  			

  
 i 

 The headings in this Agreement are for convenience only. 

Words signifying the singular shall include the plural and vice Versa where the context so admits. 

 

	1.	 Scope and Purpose. 

 1.1. Perkins and the Distributor share the common vision of: 
 (a) establishing their relationship in the Territory as the best in their industry for customer support and power solutions; and 

(b) strengthening the Distributor and Its added value; and 

(c) achieving through their relationship substantial and sustained market penetration so that each Party
can achieve increased financial success. 
 1.2. The scope and purpose of. this Agreement is therefore to
establish the basis for the Parties’ distribution relationship which, will enable them to achieve their stated vision. 
  

	2.	 Appointment and Duration. 

 2.1. Subject to the terms hereof Perkins hereby appoints the Distributor as its exclusive distributor for the Products in the Territory. 

2.2. The stated exclusivity is subject to the following conditions: 

2.2.1 Notwithstanding the limitation on the range of Engines to which this Agreement relates, the
Distributor shall be obliged to provide support, both directly and through Its dealer network, in terms of warranty, servicing, technical support, Parts support, and receiving and handling aftermarket Parts orders from customers in the Territory for
any diesel or spark ignited engine product Manufactured by or on behalf of Perkins and its affiliated companies. 
 2.2.2 The Parties will jointly review in good faith on an ongoing basis all existing Perkins customers and key potential customers and will categorise the Territory’s customer base into three basic
categories of . Direct Customers, Joint Customers and Other Customers. Currently identified Direct Customers in the Territory are listed in Schedule 3. After consultation with Distributor, Perkins may update Schedule 3 in its sole
discretion and will deliver written notice to Distributor of such update. 
 “Direct
Customers” are identified as major Internationally based groupings with manufacturing locations both inside and outside the Territory that require detailed product tailoring and ratings development activities plus world-wide management and
coordination of their total account by the engine manufacturer. For the avoidance of doubt, any entity within the Territory which is part of a multi-national group whose main purchasing office for the Products is outside the Territory will be deemed
to 

 
be a Direct Customer unless otherwise specifically agreed, In addition any entities manufacturing solely in North America may be classified by Perkins as Direct Customers where they are
identified as strategic accounts. 
 “Joint Customers” are identified as
significant Territory based entities that also have overseas manufacturing locations, but whose commercial requirements necessitate direct account management via Perkins and the Distributor. 

“Other Customers” are identified as all other customers managed by the Distributor.

 The Parties will use their commercial best efforts to achieve timely and mutually acceptable
solutions in the above process. However if after the Parties exercise of their good faith, commercial best efforts particular categories cannot be agreed, Perkins shall retain the option to make the decision in order to preserve the specific
customers business 
 2.2.3 Regarding each of the categories in Article 2.2.2 the
following principles shall apply: 
 (a) For Direct Customers Perkins shall be solely responsible
for handling all aspects of account management and shall be entitled to supply its products direct to them without any obligation to compensate the Distributor by way of commission or otherwise. It is recognized that in specific cases the provisions
of Article 4.1.11 shall apply. 
 (b) For Joint Customers Perkins and the Distributor
shall work together to develop the strategic and operational approach to such customers and all Products to be supplied to such entities shall be routed via the Distributor unless otherwise agreed. 

(c) For Other Customers Perkins shall supply all required Products to the Distributor who shall be
responsible for managing all such accounts in strict compliance with the terms hereof. 
 2.2.4
Perkins shall retain exclusive rights to sell any of its Products in the Territory for both military applications for armored vehicles and marine related applications. 

2.2.5 Where Perkins establishes engine and parts distribution relationships ‘with third parties
within the Territory under which Perkins agrees to supply Perkins designed products branded and imaged in the third party’s style, then Perkins will: 

(a) ensure that as between the Distributor and the third party’s distributors, the Distributor will
not be disadvantaged in terms of pricing, product supply, and specification for those products. In particular the Distributor will receive no less favorable prices for those products than the third party’s distributors; and 

  
 2 

 (b) Perkins will not be obligated to make available to the
Distributor specifications for products developed specifically with the third party’s assistance and financial contribution. 
 2.2.6 Where Perkins sells Products to any entity outside the Territory and those Products are subsequently sold into or used in the Territory, Perkins shall not be responsible for any resulting loss of
business suffered by the Distributor or its Dealers. 
 2.2.7 Perkins shall be free to
manufacture and sell and/or to license the manufacture and sale In any form including assembly and test of any of its Products inside the Territory. Perkins shall not be responsible for any resulting loss of business suffered by the Distributor or
its Dealers. Perkins shall use its commercial best efforts to give the Distributor at least six (6) months notice prior to actual start of volume production activities and will agree in good faith the terms of access for the Distributor to such
products. 
 2.3. The appointment of the Distributor shall be from the Effective Date until ** subject to the
specific rights of termination contained herein. Perkins shall have the option to extend the appointment for a further period of between ** and ** by written notice to be served no earlier than twelve (12) months prior to the end of the initial
term and no later than six (6) months prior to end of the initial term. 
 2.4. In consideration of its
appointment as the Perkins exclusive distributor in the Territory, the Distributor agrees that it shall purchase from Perkins or an affiliate thereof all of its requirements for Products whether for sale to its Dealers, customers within the
Territory or for its use in Distributor’s manufactured or packaged finished goods. Subject to the above and to Article 2.6 below the Distributor agrees that it will not: 

2.4.1 Distribute, sell, service or otherwise deal in Competing Items (except as disclosed in Schedule
6). 
 2.4.2 Solicit the sale of or sell Products outside the Territory and will not, without
prior written consent of Perkins, establish branches, associated or subsidiary companies, for the sale of Products outside the Territory; provided, however, that where the Distributor does legally make sales of the Products outside the Territory but
within the USA or Canada in response to non-solicited enquiries, the Distributor shall pay to the distributor of Perkins products into whose assigned trade area such sales were made an amount equal to 15% of the then current price from Perkins for
the relevant product. Notwithstanding the above the Distributor may sell Products to other Perkins distributors without incurring any such charges. Distributor shall require its Dealers to abide by this Section 2.4.2 in any agreements
between Distributor and its Dealers. Distributor shall be responsible for enforcing this Section against its Dealers. Distributor shall be responsible for the 15% fee to Perkins described herein in the event any of its Dealers undertakes actions
which would give rise to the 15% fee. 
 For its part, Perkins shall ensure that all Distribution
Agreements relating to the USA and Canada include this provision. Distributor therefore acknowledges 

  
 3 

 
specifically to Perkins that where other Perkins distributors (or their Dealers) sell Products into the Territory, the Distributor’s only claim relating to such activities shall be for the
15% payment referenced above. 
 2.4.3 Purchase Products other than from Perkins or its
designees. 
 2.4.4 Become involved in any business activity that in any material way adversely
affects the Distributor’s ability or effectiveness in maximizing its performance hereunder. 
 2.5. The
Distributor expressly agrees that the restraints detailed in Article 2.4 above shall also apply to any entity in which it or its principals directly or indirectly own or control at least 25% of the Issued voting stock or the Distributor has
effective operational control. 
 2.6. The restrictions In Articles 2.4 and 2.5 above shall not preclude the
Distributor from: 
 (a) holding In stock, supplying or advertising for supply other products
(which are not Competing Items) manufactured by the Distributor in the ordinary course of its business. These products may include Engines as an integral and subsidiary part or in which Engines are installed, or 

(b) servicing or remanufacturing engines which are not Competing Items and holding in stock, supplying and
advertising for supply parts for the purpose of such servicing or remanufacture, provided that in the reasonable opinion of Perkins, the Distributor’s performance as a distributor of Products is not adversely affected by such activity.

  

	3.	 Distributor Premises. 

 3.1. The Distributor shall install by an agreed date and thereafter maintain in full working order the pre-agreed service accommodation, equipment, facilities and special tooling at the Specified
Premises. Perkins will supply all such special tooling to the Distributor and the cost will be invoiced to them. The Distributor shall publicize boldly the Distributor’s appointment as an authorized Perkins Distributor throughout the Territory
and also by using prominent signs at the Specified Premises and on its service and parts vehicles, if any. All such signs shall comply strictly with the appropriate Perkins Standards. 

3.2. The Specified Premises, the Products held thereon and all related work in progress shall be kept fully insured by
the Distributor pursuant to commercially reasonable insurance, Perkins shall be entitled to receive upon request copies of such insurance policies and related premium receipts. 

3.3. Notwithstanding Article 2.4.4’s restrictions, the Distributor may use the Specified Premises for
non-Perkins related activities provided that they do not adversely impact (in Perkins’ reasonable opinion) the Distributor’s performance hereunder. Perkins retains the right to advise the Distributor accordingly if it reasonably feels such
performance is being so affected. 

  
 4 

 3.4. The Distributor shall seek Perkins prior written approval for either
any intended reduction by it in the Perkins related facilities within the Specified Premises or any intended significant alteration to the Specified Premises. 
  

	4.	 Distributor Responsibilities. 

 4.1. In support of its commitment to the common vision set out in Article 1.1 above and its appointment referenced in Article 2.1 above, the Distributor undertakes to conduct all its activities
hereunder in strict accordance with the Perkins Standards. The Distributor will establish and maintain a senior management structure appropriate to ensuring professional management of its business. The Distributor will give Perkins reasonable prior
notice of any material changes to either structure or personnel. Subject to the individual employee’s performance, the Distributor will take all reasonable steps to retain all those employees who have received Perkins related training and who
are considered Important by the Parties to the Distributor’s Perkins related business. The Distributor will also have the following responsibilities during the term hereof: 

4.1.1 the Distributor will establish, maintain and continually strengthen a dedicated sales and marketing
team for the promotion, sale, service and warranty support of the Products in the Territory targeted at maximizing sales and winning new business and offering best in class customer support for the Parties’ mutual benefit. The Distributor will
seek at all times to grow sales of the Products through pull through and follow up type business activities including but not limited to pursuing opportunities with fleets, airlines, rental yards, OEM dealers and end-users. In support of this, the
Distributor will: 
 (a) advertise and promote interest in the Products in the Territory. This
shall include (but shall not be limited to) the use of local communications media, maintaining a detailed and professional Internet web site, and exhibition or display facilities. The Distributor may, with Perkins’ prior written consent,
exhibit and be involved in exhibiting any of the Products at any exhibition or trade show and take part in, support or be involved in competitions, competitive trials or demonstrations of the Products. The Distributor shall upon Perkins’
reasonable request withdraw at its own expense any particular advertisements, catalogues, sales literature or other printed matter relating to the Products; 

(b) provide service training courses in line with appropriate Perkins guidelines in respect of the
Products within the Territory; 
 (c) hold and distribute a pre-agreed (with Perkins) level and
range of technical, sales and service literature applicable to the Products throughout the Territory and to its Dealers; and 
 (d) maintain Products in inventory in accordance with Article 4.1.6 and ensure that they are available for supply to customers. 

4.1.2 The Distributor will establish, maintain and use its reasonable best efforts to strengthen an
engineering team to provide engineering effort in the areas of production 

  
 5 

 
specification, product engineering, application engineering and focused technical service assistance to its Dealers and customers within the Territory. The Distributor will nominate one
appropriately qualified and experienced employee to act as the focal point for application engineering for the Products. The Distributor will ensure that this person attends appropriate Perkins training courses at least once per year. In addition,
the Distributor will ensure that it has the application related equipment and tooling as reasonably specified by Perkins at the Designated Premises. The Distributor will obtain any omitted items within three (3) months of Perkins’ written
notice identifying the shortfall. 
 The Distributor will be responsible for ensuring that all
applications and installations Into which Engines are sold and fitted have been appraised by its staff In accordance with the relevant criteria. In particular all completed application appraisals must be registered with Perkins for sign off before
the customer’s first production date. 
 The Distributor acknowledges that Perkins has the
right to refuse to sign off a particular application where it reasonably believes that it is non-compliant. In such cases and also in cases where no application appraisal has been registered, Perkins may refuse to supply the relevant Engines and the
Distributor waives any rights that it may have to reclaim any loss thereby suffered by it or its customer(s). 
 4.1.3 The Distributor will establish, maintain and strengthen its Dealer network within the Territory. The Distributor acknowledges the importance of strict adherence to the Perkins Dealer Policy as
communicated to it by Perkins from time to time. The Distributor also acknowledges that the annual performance appraisal by Perkins will include a review of its adherence to this policy. The Distributor acknowledges the importance of its Dealers to
the success of the Perkins distributorship and that they will be promoted by Perkins in Its literature as an essential part of the Perkins network in the Territory. Therefore the Distributor will only appoint as Dealers entities that have been
approved in writing by Perkins. For its part, Perkins undertakes not to unreasonably withhold or delay its approval. In the case of any rejections, it will provide to and discuss with the Distributor its justifications. The Distributor will provide
to Perkins upon request copies of all agreements with such Dealers so far as they relate to the Products. Perkins will hold any such agreements confidential. The Distributor will ensure that its agreements with its Dealers fairly and reasonably
reflect the key terms of this Agreement relating to the operation of the Perkins distributorship. In particular, the Distributor will establish the right of Perkins to review the Dealer’s performance, its premises and facilities for the purpose
of Article 6 below. Notwithstanding anything else contained herein, the Distributor shall remain fully responsible for and be liable to Perkins for the performance of its Dealers. 

4.1.4 The Distributor will nominate one of its employees as the trainer for Perkins Products who will
become the in-house trainer for the Distributor’s employees and those of its Dealers involved with the Products. The Distributor will ensure that this employee will attend Perkins technical training courses at least once every twelve
(12) months, such courses to include sales, application engineering, products, service and warranty. The Distributor will provide Product familiarization and training to both its 

  
 6 

 
staff and Dealers in accordance with Perkins Standards, especially with respect to any new Products as and when they are introduced into the Territory by Perkins. The Distributor will ensure that
each Dealer will receive appropriate Product training from the Distributor covering those Products for which the Dealer has a responsibility, such training to take place at least annually. 

4.1.5 The Distributor will ensure that its Dealers will establish, maintain and constantly improve their
Product service capabilities and facilities for both current Products and any new Products as and when they are introduced Into the Territory by Perkins. 

4.1.6 The Distributor will establish with Perkins the required minimum level of Product inventory to be
purchased and held by it at pre-agreed locations within the Territory. This level will reflect .the forecasted activities of the Distributor. The agreed level will be subject to joint review at least annually. The Distributor will ensure that it and
all its Dealers store all Products in an appropriate environment that accords to the Perkins Service Warranty Manual. As and when any Products require revalidation for warranty purposes, this will be carried out at the Distributor’s expense and
in strict accord with the Perkins Service Warranty Manual. 
 4.1.7 The Distributor will appoint
at least one suitably qualified and experienced employee as its Perkins Dealer Development and Aftermarket Marketing Manager. The key objectives for this employee will be to deliver measurable year on year improvements in Dealer coverage, sales and
market share growth in relation to aftermarket Parts sales, service and aftermarket competitor knowledge. This employee will also be responsible for developing suitable marketing and incentives programs for and with the Dealer network and Engine
reconditioners. These programs may qualify for appropriate Special Sales Allowance under the relevant Perkins scheme as published by Perkins from time to time. 

4.1.8 Every year the Distributor will develop and issue to Perkins a copy of its proposed annual business
plan for its and its Dealers activities in the Territory. The Distributor’s business plan must address marketing objectives with sales forecast, resources requirements, facility descriptions and projected financial statements and all other
issues detailed in the Perkins format. The business plan and all data required by Perkins will be submitted in accordance with the Perkins guidelines and standards provided in advance to the Distributor. Perkins will notify the Distributor of the
required receipt date at least six (6) weeks in advance. This plan will be reviewed in good faith with Perkins and any mutually agreed adjustments incorporated. Once finalized with Perkins, the Distributor will use all reasonable best efforts
to achieve the targets set out in the plan. The Distributor will also develop and issue to Perkins every year a copy of a three (3) year forecast of the Perkins business in the Territory. The Distributor will at least annually evaluate with
Perkins the performance achieved against the plan and the forecast. The Distributor will provide supporting data about volumes, margins and revenue by specification achieved with the Dealers and customers. 

  
 7 

 Every year the Distributor will issue to Perkins a twelve
(12) month forecast of Product requirements, and this forecast will be updated monthly. With respect to Engines only, the forecast will also show a provisional three (3) month firm program. 

The Distributor shall maintain such financial, inventory, sales, service and other records including
details of key potential customers, all as mutually agreed with Perkins. These records shall be made available to Perkins during normal business hours upon request by Perkins. 

4.1.9 The Distributor shall not, directly or indirectly, solicit, outside the Territory customers for any
of the Products, nor for the purpose of delivery of the same establish branches or warehouses outside the Territory, nor advertise any of the Products outside the Territory. This shall not prevent the Distributor from advertising in a publication in
circulation both within and outside the Territory. Distributor shall require Its Dealers to abide by this Section 4.1.9 in any agreements between Distributor and its Dealers, Distributor shall be responsible for enforcing this Section
against its Dealers. 
 4.1.10 The Distributor shall ensure so far as is reasonably practicable
that: 
 (a) all Engines sold by it conform to any applicable legislation in force in those
countries and the ,Territory where the Distributor’s customer may operate the Engine or to which it may sell the Engine; 
 (b) the Engines supplied by it or Its approved Dealers are installed and applied by customers in accordance with the limitations and product specifications established by Perkins; 

(c) all required safety and operating instructions and warranty terms are supplied to purchasers of
Engines, including but not limited to their Dealers and that such entitles are fully aware of and properly instructed in all aspects of the operation and maintenance thereof; and 

(d) it shall make available to a prospective purchaser all brochures, booklets, manuals and other
literature and information provided by Perkins and which Perkins designates as intended for such users. 
 4.1.11 The Distributor will appoint one suitably qualified and experienced employee as its prime contact point and administrator for warranty issues within the Territory. The Distributor acknowledges the
absolute priority of ensuring that all warranty related requests within its Territory from customers must be attended to within twelve (12) hours of their notification where so required. To this end, the Distributor will always consider the use
by it of Engines within its inventory as warranty replacements where the customer’s operational requirements so demand. in addition where Perkins so requests, the Distributor and its Dealers will carry out pro-service warranty work at a
customer’s premises within the Territory in accordance with the Perkins Service Warranty Manual procedures. The Distributor will directly and through its Dealers provide a repair, service and warranty service to purchasers of Products
(including those items specifically referenced in Article 2.2.1 above) in the Territory. In relation to all 

  
 8 

 
warranty related activity hereunder, the Distributor and its Dealers will operate in accordance with the Perkins Service Warranty Manual procedures as notified to the Distributor by Perkins.
Notwithstanding the terms of such procedures, Perkins will use its reasonable best efforts to process and pay all accepted claims within twenty-eight (28) days of their receipt provided those claims have been compiled in accordance with the
Perkins Service Warranty Manual and submitted to Perkins within sixty (60) days of the Engine failure. 
 In relation to Product service issues, the Distributor will appoint an appropriately qualified and experienced employee as its Perkins service manager for the Territory. The Distributor will ensure that
the employee attends at least on an annual basis relevant Perkins product and service training courses. 
 4.1.12 In addition to the above, the Distributor will provide to Perkins against an agreed program sales and Inventory data for itself and its Dealers activities hereunder and financial and operating
statements that may reasonably be requested. The Distributor shall provide within 120 days of the end of its fiscal year financial statements certified by an Independent firm of public or chartered accountants In a form acceptable to Perkins. In
addition and at the same time, the Distributor will confirm the ownership and management control details of its business to the extent it relates to its appointment hereunder. 

 

	5.	 Perkins Responsibilities. 

 5.1. In support of its commitment to the common vision set out in Article 1.2 above, Perkins undertakes the following responsibilities during the term hereof: 

5.1.1 Perkins will operate its sales and marketing teams in North America and the UK to support the
Distributor’s team referenced in Article 4.1.1 above. 
 5.1.2 Perkins will operate
its engineering teams in North America and in the UK to support the Distributor’s team referenced in Article 4.1.2 above. 
 5.1.3 Perkins will supply to the Distributor free of charge one copy of a pre-agreed list of Perkins literature for its own use. The Distributor will not copy or reproduce any Product related literature
without Perkins prior written approval. The Distributor will be responsible for purchasing from Perkins all necessary literature for circulation to its branches, Dealers and customers. 

5.1.4 Perkins will provide training and Product familiarization courses to the Distributor’s
personnel on pre-agreed terms. 
 5.1.5 Perkins will provide factory level support to the
Distributor’s team in accordance with pre-agreed terms. 
 5.2. Perkins shall retain the design and
manufacturing responsibility for the Products and responsibility for final sign-off of all applications, engineering and specifications of such Products. 

  
 9 

 5.3. Every year Perkins will undertake with the Distributor a detailed
review of the Distributor’s performance over the previous twelve (12) months. Particular regard will be paid to the relevant Distributor business plan and the Distributor’s performance against it. The Distributor’s performance
will be evaluated on the basis of criteria established by Perkins including but not limited to sales objectives detailed In the Distributor’s business plan, the Distributor’s achievements in its Territory compared to that of other
distributors in comparable areas, previous-Perkins review comments and Distributor action plans, and the Distributor’s improvements in its operations, organization and facilities to increase its sales performance and customer service. The
Parties will agree to a detailed action plan arising out of the review and will thereafter monitor their respective progress against this plan. 
 5.4. Perkins will as from the Effective Date initiate a Parts inventory review program that will operate on an annual basis throughout the term hereof unless Perkins at its option decides otherwise, in
which case Perkins will notify the Distributor as soon as possible of this decision. These programs will primarily focus on Products that fall obsolete during the relevant period. The basis, pricing and terms of payment of each such program shall be
notified to the Distributor no later than sixty (60) days after the start of each calendar year. 
 5.5. In
relation to any new Products including those with electronic management systems, Perkins and the Distributor will work together to ensure that: 
 (a) the Distributor (and where necessary specific Dealers) will have prior to any such launch had sufficient of its staff trained on. the new Product; and 

(b) the Distributor will have established at agreed locations the pre-agreed level and range of
literature, Parts inventory and service and diagnostic equipment and tooling appropriate to servicing and supporting the Product. 
  

	6.	 Joint Responsibilities. 

 6.1. Every two (2) years during the term hereof the Parties will undertake a comprehensive Joint review of pre-selected Dealers. The baseline and structure for the first review shall be agreed within
twelve (12) months hereof. 
 6.2. While recognizing that the Distributor has sole responsibility (subject
to Article 4.1.3 above) for the appointment and performance of the Dealers, the Distributor agrees that it will actively consider proposals and recommendations from Perkins with respect to non-performing Dealers. Perkins shall, in cases of
continued non-performance by a Dealer, be entitled to require the Distributor to terminate the Dealer’s participation in the Perkins program. Distributor shall consider any recommendations or proposals from Perkins for the appointment of new
Dealers. 
  

	7.	 Ordering, Delivery, Other Terms for Engines, Manufactured Parts and Kits. 

For the avoidance of doubt, all orders to be placed by the .Distributor on Perkins under this Article 7 shall be subject
both to the terms hereof and to the then applicable Perkins Standard Terms of Sale, a copy of the current form being attached as Schedule 4. In the event of any conflict between the terms of this Agreement and Perkins Standard Terms of Sale, the

  
 10 

 
former shall apply. The Distributor formally agrees that any standard terms of purchase or other terms that it may seek to impose on Perkins in relation hereto are hereby automatically excluded.

 7.1. Engines. 
 7.1.1 The Distributor will collect all orders for Engines from its Dealers and customers and will combine them with its own orders, The combined order will be transmitted in a pre-agreed format and detail
direct to the Perkins North American office. Perkins will provide the Distributor with dispatch and delivery information. 
 7.1.2 An acknowledgement of order will be issued for each order received from the Distributor plus an estimated dockside arrival date in North America. 

7.1.3 Unless agreed otherwise in writing, all deliveries by Perkins to the Distributor will be on a
“CIP Duty Paid, Port of Entry” basis as per INCOTERMS 2000 to a mutually agreed port. Engines will normally be dispatched on a full container load basis unless there has been a specific customer request for an alternative such as
airfreight. 
 7.1.4 Once a particular order has been acknowledged by Perkins, any request by the
Distributor to a change in the specified delivery date must be in writing ‘and is subject to Perkins prior written approval. 
 7.1.5 Perkins shall be responsible for all packing and shipping arrangements within the defined “GIP Duty Paid, Port of Entry” obligation. The Distributor shall be responsible for all costs
relating to the delivery of the Engines as from the agreed Perkins delivery point whether direct to the end customer or to some other location, unless specifically agreed otherwise by the Parties in writing. 

7.1.6 If and when a Distributor requires Perkins Manufacturing Parts - being items required as production
components - these will be ordered from Perkins in accordance with this Article 7.1. 
 7.2. Kits. 

7.2.1 The Distributor will collect all orders for Perkins Kits from its Dealers and customers and will
combine them with its own orders. The combined orders will be transmitted in a pre-agreed format and detail direct to the Perkins North American office. 

Perkins will provide the Distributor with estimated dispatch and delivery information. Order frequency
from the Distributor to Perkins will reflect the Distributor’s actual demand. 
 7.2.2 An
acknowledgement of order will be issued for each order received from the Distributor plus an estimated dockside arrival date in North America. 
 7.2.3 Unless agreed otherwise in writing, all deliveries by Perkins to the Distributor will be on a “CIP Duty Paid, Port of Entry” basis as per INCOTERMS

  
 11 

 
2000 to a mutually agreed port. The provisions of Articles 7.1.4 and 7.1.5 shall also apply unless otherwise agreed. 

7.3. Parts. 

7.3.1 The Distributor will collect all orders for emergency (“VOR”) Parts from its
Dealers and combine them with their own orders. The combined VOR order will be transmitted electronically direct to Perkins PDC. Dispatch will be by airfreight from Manchester. 

7.3.2 All stock orders will be placed by the Distributor on behalf of itself and its Dealers only on
pre-agreed stock order days. Dispatch will be by sea freight and orders will be consolidated by Perkins’ Parts Distribution Center (“PDC”) on no more than a weekly basis. 

7.3.3 Unless agreed otherwise in writing, all deliveries by Perkins to the Distributor will be on a
“CIP Duty Paid, Port of Entry” basis as per INCOTERMS 2000 to a mutually agreed port. 
  

	8.	 Price and Terms of Payment for Engines, Parts and Kits. 

8.1. Engines, Parts and Kits. 

8.1.1 The prices applicable to Engines, Parts and Kits for the period from the Effective Date to
December 31, 2007 shall be supplied in a separate Distributor engine pricing book. Perkins may revise such prices at its discretion. These are characterized as Perkins list prices less discount applicable to the Distributor. 

8.1.2 The Distributor shall be solely responsible for establishing its selling prices for Engines, Parts
and Kits to both its Dealers and direct customers. 
 8.1.3 Perkins and the Distributor will
create and promote incentive programs for the Engines, Parts, Parts and Kits in the Territory on a mutually agreed basis. Any special price adjustments for campaigns, promotions or extraordinary cost movements-shall be agreed on a case-by-case basis
at appropriate times during any year. 
 8.2. The terms of payment for all Engines, Parts and Kits dispatched
from the UK shall be the 23rd day of the second month after the date of the relevant Perkins invoice. All payments will be due on or before 10:00 a.m. EST on the 23rd day of the relevant month. Where the 23rd falls on a weekend, Saturdays will be
paid on Friday and Sundays on the Monday. Where the 23rd falls on a US Public Holiday the payment will be due on the immediately preceding working day. Each year the Parties will agree the precise payment dates for each month of the following year.
All payments will be payable in US$ by electronic bank transfer to an account nominated by Perkins. All payments will be made against the relevant Perkins invoice and supporting documentation. The Distributor shall not be permitted to raise debit
notes or make deductions and/or short payments to Perkins for any reason unless otherwise agreed specifically in writing by Perkins. For all deliveries of Engines, Parts and Kits dispatched from a

  
 12 

 
Perkins North American warehouse the payment terms will be twenty-five (25) days from the ex warehouse dispatch date. 

All payments that remain unpaid beyond their due date shall be subject to an interest charge by Perkins. The applicable
rate of interest shall be that of Lloyds Bank plc plus 2% per month and will be calculated on a monthly basis. 
 8.3. Special Pricing. 
 Notwithstanding that this Article
VIII details the prices and terms of payment applicable to the Engines, the Parties acknowledge the need to have in place a process where in given circumstances special pricing can apply in order to permit the Distributor the opportunity to win
specific customers orders. Perkins will consider any relevant desk research, competitive studies and its own competitor pricing database in deciding its response to the Distributor. In any event Perkins will use all reasonable efforts to treat all
the Distributors equally in relation to this provision and its operation. For its part the Distributor specifically acknowledges that Perkins is under no obligation to support it in any, each or every case. 

 

	9.	 Intentionally Left Blank. 

  

	10.	 Intentionally Left Blank. 

  

	11.	 Intentionally Left Blank. 

  

	12.	 Product Warranty and Changes in Specifications. 

12.1. The Perkins Service Warranty Manual as available to the Distributor shall form the basis of all warranties
applicable to the Products and is hereby incorporated by reference into this Agreement. The Perkins written warranties as referenced above are the only warranties applicable to the Products and with respect to the Distributor are in lieu of all
other warranties express or implied. As and when any amendments .are-issued by Perkins these shall be automatically provided to the Distributor by Perkins, In addition to its obligations under Article 4.1.11 above the Distributor shall develop and
thereafter during the term hereof where necessary update/amend its warranty statements for each Product which will in any event reflect Perkins offering and be jointly agreed between the Parties so as to minimize their respective exposures.

 12.2. Title. 

12.2.1 Perkins may make modifications to the design of any of the Products or make improvements to them at
any time. Perkins shall be under no obligation to apply the same to any of the Products previously purchased by the Distributor except on such occasions as Perkins deems It necessary to initiate a campaign to rectify known product defects.

 12.2.2 Perkins reserves the right to discontinue the manufacture of any of the Products
without incurring any obligation or liability to the Distributor. In such cases Perkins will promptly notify the Distributor and will use its reasonable efforts to do so at least six (6) months before discontinuing manufacture. 

  
 13 

 12.2.3 The Distributor agrees that, except with the prior
approval of Perkins, It will not make any modifications to or in any material way vary the specification of Products supplied to it by Perkins or to be repaired or serviced by it. 

12.3. In addition to the obligations set out in Article 5.5 above, as and when Perkins introduces any new Engine
either as a replacement for or as an addition to its existing range, it shall inform the Distributor and agree with it an appropriate product introduction plan so as to enable the Distributor the best opportunity to launch the Engine to its
customers. This plan will be in addition to the notification of relevant specifications and terms of supply applicable to the Engine. 
  

	13.	 Perkins Trademarks and Other Intellectual Property Rights. 

The Distributor acknowledges the value and importance of the Perkins name, brand and image. 

13.1. During the term hereof the Distributor and its Dealers shall have the right to use those Perkins Trademarks
designated by Perkins from time to time solely in promoting their activities with respect to the Products and for no other purpose whatsoever. The currently applicable Perkins Trademarks are detailed in Schedule 8, Distributor may sublicense the
Perkins Trademarks only to Dealers. Perkins shall prohibit Dealers from further sublicensing the Perkins Trademarks. 
 13.2. The Distributor agrees: 
 13.2.1 to comply
with all instructions issued by Perkins relating to the form and manner in which Perkins Trademarks shall be used and to discontinue immediately upon written notice any practice, relating to the use of Perkins Trademarks which in Perkins’
opinion adversely affects its rights or interests; 
 13.2.2 not to use or permit any entity.
controlled by it or any Dealer to use any Perkins Trademark in its corporate name or trading style; 
 13.2.3 not to effect or permit the removal, renewal or alteration of any trade names or marks, patent numbers, notices, nameplates or general numbers affixed to Products except as agreed by Perkins in
writing; 
 13.2.4 to disclose to Perkins all details of any improvement which is applicable to
Products and which Is made or discovered by the Distributor or any of its employees or Dealers, or which comes into their knowledge, whether or not the same be patented or patentable, and if Perkins so desires, Distributor shall use Its reasonable
best efforts to enable Perkins (or an associate company designated by Perkins) to acquire exclusive rights to the improvement upon terms to be mutually agreed between the owner thereof and Perkins; and 

13.2.5 to impose similar conditions on its Dealers to those set out in this Article 13.2 and to
take such action as Perkins may require at any time in respect of the use by the Dealers of Perkins Trademarks. 

  
 14 

 13.3. Notwithstanding any provision to the contrary herein, nothing in this
Agreement shall act to transfer ownership to the Distributor or its Dealers any intellectual property right of Perkins in any of the Products. 
  

	14.	 Indemnities and Product Liability. 

 14.1. Subject to the express terms and limitations of Articles 12 and 20.2 and the Perkins Service Warranty Manual, Perkins shall indemnify and hold the Distributor, its Dealers, and the
Distributor’s and Dealers’ respective employees, officers and directors, harmless against and from all claims, demands, penalties, liabilities, loss, damage, costs, attorneys’ fees and expenses of whatsoever nature which are a
consequence of or attributable to, the operation, use or possession of Products and resulting from any defect of material or workmanship of Products or failure to adequately instruct or warn concerning the operation, use or possession of such
Products, excluding, however, any such claims and demands to the extent attributable to any modification or alteration of Products performed by the Distributor or its Dealers without the prior written approval of Perkins. 

14.2. The Distributor shall indemnify and hold Perkins and its employees, officers and directors harmless against and
from all claims, demands, penalties, liabilities, loss, damage, costs, attorneys’ fees, and expenses of whatsoever nature, which are a consequence of or attributable to the operation, use or possession of Products and resulting from any
modification to or alteration of the Product by the Distributer or the Dealers performed without the prior written approval of Perkins: 
 14.3. Subject to the express terms and limitations of Articles 12 and 20.2 and the Perkins Service Warranty Manual, Perkins shall indemnify and hold the Distributor, the Dealers, and the
Distributor’s and Dealers’ respective employees, officers and directors, harmless against and from all claims, demands, penalties, liabilities, loss, damage, costs, attorneys’ fees and expenses of whatsoever nature, which are a
consequence of or attributable to the operation, use or possession of Products and resulting from any representation or misrepresentation made by Perkins Including, but not limited to, representations or misrepresentations relating to the
capability, use, application, function, durability, reliability, quality, serviceability, safety or any other characteristic or feature of Products, and including representations as required for government certification, homologation, approval and
for any other purpose whatsoever, except as may have been made In reasonable reliance upon information furnished by the Distributor or the Dealers. 
 14.4. The Distributor shall indemnify and hold Perkins, its employees, officers and directors, harmless against and from all claims, demands, penalties, liabilities, loss, damage, costs, attorneys’
fees, and expenses of whatsoever nature, which are a consequence of or attributable to the operation, use or possession of Products and resulting from any representation or misrepresentation made by the Distributor or the Dealers including, but not
limited to, representations or misrepresentations relating to the capability, use, application, function, durability, reliability, quality, serviceability, safety or any other characteristic or feature of Products, and including representations as
required for government certification, homologation, approval and for any other purpose whatsoever, except as may have been made in reasonable reliance upon information furnished by Perkins. 

  
 15 

 14.5. Each of the Distributor and Perkins shall indemnify and hold harmless
the other and the directors, officers and employees of the other, against and from any and all claims, demands, penalties, liabilities, loss, damage, costs, attorneys’ fees, and expenses of whatsoever nature, arising out of injury to or death
of or property damage sustained by the indemnifying Party’s employees, agents and contractors while such employees, agents or contractors are on the property of the other. 

 

	15.	 Breach and Termination. 

 15.1. If either Party is in breach of any of its material obligations hereunder, the other Party may servo a written notice requiring the breaching Party to remedy the breach complained of within sixty
(60) days thereafter. In relation to the Distributor, a breach of a material obligation will be deemed to have arisen in any event if, having been required so to do in writing by Perkins, it either (a) fails within the agreed period of
time to submit a new offer and acceptable (to Perkins) business plan or (b) fails in a material sense to comply with the agreed action plans arising from a business review with Perkins. 

If the breach is not remedied within the sixty (60) day period or such other period as may be agreed between the
Parties on a case by case basis, then the innocent Party may terminate this Agreement immediately by written notice and the relevant provisions of this Article 15 shall apply. 

15.2. This Agreement may be terminated immediately by written notice: 

15.2.1 from one Party to the other upon the other Party being dissolved, bankrupted, liquidated or going
into administration or receivership, or in the case of the Distributor filing for protection from its creditors under a Chapter 11 type procedure; provided that if a Party goes into voluntary liquidation for the purposes of amalgamation or
reconstruction, this will not constitute a cause for termination so long as the new entity immediately confirms in writing its ability and desire to continue with the Agreement; 

15.2.2 from Perkins if the Distributor attempts to assign or transfer this Agreement or any rights or
obligations hereunder without Perkins prior written consent; 
 15.2.3 from Perkins if the
ownership or control of the Distributor or its parent or ultimate parent is acquired by a third party (whether an individual, corporate entity or partnership) and that third party is in Perkins reasonable opinion considered by Perkins either to be a
I competitor in a material sense to Its business or not reasonably capable of continuing the performance of the Distributor’s obligations hereunder. For the purposes hereof “ownership or control” is defined as being either the
acquisition of at least 25% of the issued voting stock or the ability to approve the Distributor’s annual business plan or control the Distributor’s operational activities; 

15.2.4 from Perkins if the Distributor defaults under any financing agreement with or guarantee to
Perkins, or if the Distributor willfully falsifies any claim, record, report or other material representation; or 

  
 16 

 15.2.5 if applicable, from Perkins to Distributor in the
event that the Sales and Service Agreement by and between Caterpillar Inc. and any affiliate of Distributor is terminated for any reason. 
 15.3. If this Agreement is terminated by either Party under Articles 15.1 or 15.2, then the following provisions shall apply: 

15.3.1 All indebtedness as between the Parties shall become immediately due and payable. 

15.3.2 Unless otherwise mutually agreed all unfilled orders for Products shall be cancelled without
liability on the part of either Party. 
 15.3.3 The distributor shall immediately remove and
discontinue and shall, if required by Perkins, cause its Dealers to do the same, the use of all signs, stationary, advertising and other material identifying them with Perkins and the Products. They shall also refrain from all conduct that would
indicate to the public any continuation of a Product selling activity as a distributor directly or indirectly of Perkins. 
 15.4. If this Agreement is terminated by either (a) an expiration of the initial term or any extended term without renewal or (b) by reason of a Perkins breach of the Agreement or (c) by
reason of a Perkins Insolvency etc. as detailed in Article 15.2.1, then Perkins undertakes subject to the terms of this Article 15.4 to repurchase from the Distributor all Products (as defined below) in the inventory of the Distributor
and Its Dealers as at the date of termination. The Distributor shall be responsible for all repurchase of Engines and Parts from its Dealers before any repurchase by Perkins. The enforcement by the Distributor of the Perkins repurchase obligation
shall be the sole and exclusive remedy of the Distributor in the events of termination as referenced above. 
 15.4.1 “Products” for the purpose of this provision shall mean: 
 (a) All Engines that are new, unused, undamaged, unmodified, not deteriorated, complete, current and unencumbered and maintained in warrantable condition while in Inventory. 

(b) All Parts that are unused, undamaged, still in original resalable packaging and in unbroken lots and
that are listed in then current parts price schedules and are within reasonable stocking quantities based on Perkins ability to sell. 
 (c) All Kits that are complete, unused, undamaged and in their original resalable packaging, and still listed in the then current price list. Any and all “take off parts” being any loose
Products which were originally attached to or part of any other Products are expressly excluded from the above definitions and will not become part of any Product inventory buy back program. 

15.4.2 To fall within the above definition all Products must have also been purchased from Perkins or any
duly authorized designee. For the purposes of this 

  
 17 

 
provision Products to be repurchased by Perkins shall exclude any items delivered to the Distributor more than twelve (12) months before the date of termination. 

15.4.3 The repurchase price payable by Perkins for Engines shall be the Distributor’s cost thereof.
The repurchase price payable by Perkins for Parts shall be Perkins then current net price for the Distributor less 10% handling charge FOB the relevant location within the Territory. 

15.5. Within thirty (30) days of the effective date of any termination howsoever caused, the Parties will establish
a joint team whose purpose will be to put in place and execute procedures and programs so as to ensure an orderly discontinuance of the distribution activities. Both Parties undertake to act in good faith and in a timely fashion in all such actions.

 15.6. In all cases of termination except those listed in the sub paragraph (a), (b) and (c) of
Article 15.4, Perkins shall have the right but not the obligation to repurchase the Product inventory then held by the Distributor. In all such cases the terms of Article 15.4.1, 15.4.2 and 15.4.3 shall apply.

 15.7. Any termination of this Agreement shall be without prejudice to any rights of either Party existing as
at the date of termination including but not limited to payment of any then outstanding sums including damages and any rights or remedies available under law. Any termination shall not extinguish any provisions of this Agreement that expressly or by
implication either come into force or continue after such termination. 
  

	16.	 Assignment and Confidentiality. 

 16.1. This Agreement may be assigned by the Distributor only with the prior written approval of Perkins. Perkins may assign or transfer this Agreement to any subsidiary or affiliate of Caterpillar Inc.
upon written notice to the Distributor. 
 16.2. Where either Party discloses to the other any commercial,
pricing, technical or other information, data or drawings (regardless of their form or method of disclosure the “Information”), then to the extent the same is identified at the time as being confidential the receiving Party shall
keep it confidential. It shall not disclose it outside its organization without the prior written consent of the disclosing Party. The above obligation shall not apply where the receiving Party can show that the Information is: 

(a) or becomes publicly available other than through acts by the receiving Party in violation of this
Agreement; 
 (b) already in the receiving Party’s possession at the time of its disclosure
by the disclosing Party; 
 (c) disclosed to the receiving Party by a third party who, to the
receiving Party’s knowledge, is not prohibited from disclosing the Information by a confidentiality agreement with the disclosing Party; 

  
 18 

 (d) developed or derived without the aid, application or use
of the Information; or 
 (e) on the advice of legal counsel, required to be disclosed by law or
legal process. 
 16.3. Intentionally Left Blank. 

16.4. The Distributor shall ensure that all its staff and Dealers are made aware of and abide by the provisions of this
Article 16 with respect to any disclosed Perkins Information. 
 16.5. The obligations in Article
16.2 shall survive termination of this Agreement for a period of two (2) years. 
  

	17.	 Severability, Applicable Law and Applicable Venue. 

17.1. Notwithstanding that any provision of the Agreement may prove to be or become illegal or unlawful, the remaining
provisions shall continue in full force and effect. In this event the Parties shall attempt to replace such provision and thereby redefine their respective rights and obligations in the context of the new situation. 

17.2. This Agreement shall be governed and construed In accordance with the laws of the State of Illinois,
notwithstanding the conflicts of laws provisions thereof. In the event of any dispute or difference arising out of or relating to the Agreement, the Parties shall use their commercially reasonable efforts to settle such dispute or difference. They
shall consult and negotiate with each other in good faith to reach a mutually acceptable solution. 
 17.3. Each
Party hereby submits to venue in and to the exclusive personal jurisdiction of a federal or state court of competent subject matter jurisdiction located within the State of Illinois in respect of the Interpretation and enforcement of the provisions
of this Agreement. Each Party waives and agrees not to assert, as a defense in any action, suit or proceeding for the interpretation or enforcement of this Agreement, that (a) it is not subject to such jurisdiction; (b) such action, suit
or proceeding may not be brought or is not maintainable is said court; (c) this Agreement may not be enforced in or by said court; (d) its property is exempt or immune from execution; (e) the suit, action or proceeding is brought in
an inconvenient forum; or (f) the venue of the suit, action or proceeding is improper. 
  

	18.	 Force Majeure. 

 If the performance of the Agreement or of any obligations hereunder (other than the making of a payment due hereunder) is prevented, restricted or interfered with by circumstances of force majeure, the
Party whose performance is affected thereby shall be excused from such performance to the extent of such prevention, restriction or interference. 
 The Party so affected shall use its reasonable best efforts to avoid or remove such circumstances of force majeure and shall continue performance hereunder with the utmost dispatch whenever the same has
been avoided or removed. 

  
 19 

	19.	 Changes to the Agreement. 

 Except as described herein, no variation, modification or alteration of any of the terms of the Agreement shall be valid and binding on the Parties unless made in writing and signed on behalf of both
Parties. 
  

	20.	 Waiver of Default and General Liability. 

20.1. No waiver by one Party of any breach, default or omission by the other in the performance or observance of any of
its obligations hereunder shall be valid unless agreed to in writing signed on behalf of the other. No such waiver shall apply to or be deemed a waiver of any other breach, default or omission hereunder. The failure of one Party to enforce at any
time any of the provisions hereof or to require at any time performance by the other of any of its obligations hereunder shall not be construed to be a waiver of such provisions or obligations. 

20.2. NOTWITHSTANDING ANY OTHER PROVISION IN THIS AGREEMENT, NEITHER PARTY SHALL HAVE ANY LIABILITY FOR ANY INDIRECT OR
CONSEQUENTIAL LOSS OR DAMAGE SUFFERED BY THE OTHER, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, TRADE, CONTRACTS OR PRODUCTION HOWSOEVER ARISING OUT OF OR IN RELATION TO THIS AGREEMENT. 

 

	21.	 Additional Special Conditions. 

 Notwithstanding any other provision in this agreement, the parties hereby agree that the Additional Special Conditions set forth on Schedule 7 and attached hereto shall be and are considered part of this
Agreement, and further agree that to the extent there is a conflict between any terms and conditions contained on Schedule 7 and any terms and conditions contained herein, those set forth on Schedule 7 shall supersede and govern over such
contradictory terms and conditions contained herein. 
  

	22.	 Notices. 

 22.1. Any notice required or permitted to be served under this Agreement by either Party must be in writing and can only be served by hand or by pre-paid registered mail or by courier or by facsimile.

 22.2. All notices must be addressed to an officer of the receiving Party at the address set out below and
shall be deemed to have been delivered within five working days after posting it by registered mail or courier or 24 working hours after dispatch by facsimile. 

  
 20 

					
	 For Distributor
	 	 For Perkins

		
	 Power Great Lakes, Inc.
 655 Wheat Lane
 Wood Dale, Illinois 60195
	 	 Perkins Engines Inc.
 P. O.
Box 610, Rench Road
 Mossville, Illinois 61552

	 Attention:      
	 	 Gary Winemaster

President
	 	 Fax Number (309) 578-7302

Attention: PSNA Regional Manager

  

 
 Signatures
Appear on the Following Page 

  
 21 

 IN WITNESS WHEREOF this Agreement has been entered into the day and year
first above written. 
  

									
	Power Great Lakes, Inc.	 		 	Perkins Engines Inc.
					
	By:	 	 /s/ Ken Winemaster
	 		 	By:	 	 /s/ Jeremy A. Canham

	Name:	 	Ken Winemaster	 		 	Name:	 	Jeremy A. Canham
	Title:	 	Senior Vice President	 		 	Title:	 	Vice President
					
		 		 		 	By:	 	 /s/ Richard J. Case

		 		 		 	Name:	 	Richard J. Case
		 		 		 	Title:	 	Managing Director

  
 22 

 SCHEDULE 1 
 DETAILS OF CURRENT ENGINES 
  

			
	Included	  	            Excluded
		
	 •   3.152
	  	 •      2000 Series

		
	 •   100 Series
	  	 •      3000 Series

		
	 •   400 Series
	  	 •      4000 Series

		
	 •   800 Series
	  	
		
	 •   1000 Series
	  	
		
	 •   1100 Series
	  	
		
	 •   1300 Series
	  	

 SCHEDULE 2 
 TERRITORY 
 Distributor has an exclusive Territory
incorporating the full States of North Dakota, South Dakota, Minnesota, Wisconsin, Iowa, Michigan, Ohio, and Indiana. 
 In the State of Illinois 
 Counties of Monroe, St.
Clair, Washington, Jefferson, Wayne, Edwards, Wabash, and all others North as shown on the map below. 

Distributor acknowledges that it also has a non-exclusive territory incorporating: 

 

	 	•	 	 The States of Nebraska and Kansas. 

  

	 	•	 	 In the State of Missouri: counties of Bates, Nary, Benton, Morgon, Miller, Maries, Gasconade, Franklin, Jefferson, and all others North of these
counties. 

 Perkins reserves the right to reassign the above areas to a third party or
parties. Until officially notified in writing by Perkins, Distributor may continue to provide sales and service support in the above territory on a non-exclusive basis. 

 

 

 SCHEDULE 3 
 CURRENTLY IDENTIFIED DIRECT CUSTOMERS 
 ** 

 SCHEDULE 4 
 PERKINS STANDARD TERMS OF SALE 
 Detailed on page following 

 

 

 SCHEDULE 5 
 Intentionally Left Blank. 

 SCHEDULE 6 
 EXISTING DISTRIBUTOR AGREEMENTS 
 With respect to your existing
distribution agreements and current specific assigned territories with the following companies: 
 Wis Con 

GM Powertrain 

Perkins confirms that it will not treat products of the above entities as referenced in those agreements as “Competing Items”
under the terms of the Perkins Distribution Agreement. 
 However, Perkins notes Distributors undertaking in Section 2.4 of
the Agreement not to take on “Competing Items” within its business during the term of the Agreement. 

 SCHEDULE 7 
 ADDITIONAL SPECIAL CONDITIONS 
 The following additional special terms and
conditions shall apply to Distributor. 
 None. 

 SCHEDULE 8 
 PERKINS TRADEMARKS 
  

	•	 	 Perkins Symbol 

  

	•	 	 Powerpart 

  

	•	 	 Perkins 

  

	•	 	 Power Exchange 

  

	Note:	 Graphic Illustrations of the above Perkins owned trademarks will be provided to the Master Distributor by Perkins within 30 days of the date hereof.

			
	 Perkins Engines Company Limited

Peterborough
 PE1 5NA United
Kingdom
	  	

 Tel      +44 (0)1733 583000 

Fax:    +44 (0)1733 582240 
 21 May 2007 
 Mr. Ken Winemaster 

Senior Vice President 
 Power Great Lakes

 655 Wheat Lane 
 Illinois 60195

 USA 
 Dear Mr Winemaster 

Re: Agreement between Power Great Lakes and Perkins Engines Inc. effective 1st January 2004 

We refer to your Agreement with Perkins Engines Inc, appointing you as a distributor, effective 1st January 2004. 

In accordance with clause 2.3 of the agreement, we hereby confirm that the above Agreement and all matters relating to it have been extended for a
further term of **, that being until **. 
 The terms and conditions of distribution remain unchanged. 

Please sign and return the enclosed copy of this letter to indicate your acceptance. 

 

	
	Yours sincerely
	for Perkins Engines Inc.
	
	 /s/ James L. Tevebaugh

	James L. Tevebaugh
	Managing Director
	Industrial Power Sales and Marketing

  

			
	We confirm our agreement
	to the above
		
	Signed	 	 /s/ Kenneth Winemaster

	Name:	 	 Kenneth Winemaster

	Date:	 	 6/27/2007

			
	 Perkins Engines Company Limited

Peterborough
 PE1 5NA United
Kingdom
	  	

  

	Tel:	 +44 (0)1733 583000 

	Telefax:	 +44 (0)1733 582240 

 23 October 2007 
 Mr. Kenneth Winemaster 

Senior Vice President 
 Power Great Lakes 
 655 Wheat Lane 

Illinois 60195 

USA 
 Dear Mr
Winemaster 
 Re: Agreement between Power Great Lakes and Perkins Engines Inc. effective 1st January 2004 “the
Agreement” 
 We refer to your Agreement with Perkins Engines Inc, appointing you as a distributor,
effective 1st January 2004. 

The parties have agreed to insert the following clauses into the Agreement: 

 

	4.1.13	 The Distributor undertakes to seek undertakings from OEM’s in Territory and manage and administer the OEM pool of uncertified flex engines in
accordance with EPA regulations: Programme for equipment manufacturer percent (%) of production flex allowance provision 40 C FR 89.102(d) & (g). 

 

	4.1.14	 The Distributor undertakes to report to: Perkins Legislation Engineer, Legislation Department, Peterborough, UK, PE1 5NA on a quarterly basis the
information set out in the attached Schedule 1. 

  

	4.1.15	 The Distributor shall indemnify Perkins, its parent, subsidiaries and affiliates in full against all liability, loss, damages, costs and expenses
(including legal expenses) incurred or paid by Perkins as a result of or in connection with any claim that arises as a result of non compliance in Territory with the EPA Programme for equipment manufacturer percent (%) of production flex
allowance provision 40 CFR 89.102(d) & (g). 

 All other terms and conditions of distribution remain
unchanged. 
  

	
	Yours sincerely
	for Perkins Engines Inc.
	
	 /s/ James L. Tevebaugh

	James L. Tevebaugh
	Managing Director
	Industrial Power Sales and Marketing

  

			
	We confirm our agreement
	to the above
		
	Signed	 	 /s/ Kenneth Winemaster

	Name:	 	 Kenneth Winemaster

	Date:	 	 11/14/2007

 Schedule 1 

 

					
	Customer: -NAME-	 	Build List: - LIST No. -	 	Flex List: -List No. -

 

											
	 Invoice

Date
	 	 Invoice

No.
	 	 Part

Number
	 	 Serial No.
	 	 Approved

Volume
	 	 Balance Volume

		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	

  

					
	Customer: -NAME-	 	Arr. No.: -XXX-XXXX	 	Flex List: XXX-XXXX

  

											
	 Invoice

Date
	 	 Invoice

No.
	 	 Part

Number
	 	 Serial No.
	 	 Approved

Volume
	 	 Balance Volume

		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	

 

 

 The Legislation Department 
 Perkins Engine Company Ltd. 
 Frank Perkins Way 

Peterborough 
 PE1 5NA 

England 
 November 12, 2007 

Dear Sir/Madam, 
 Re: Agreement between Power Great Lakes, Inc. and Perkins Engines Inc. effective
1st January 2004. 

We refer to our agreement with Perkins Engines, Inc. appointing Power Great Lakes, Inc. as a distributor effective
1st January 2004. 

This is to clarify the amendment letter dated 23 October 2007 shall only apply to flex engines 99hp and under. 

 

	
	Sincerely,
	
	 /s/ Kenneth J. Winemaster

	Kenneth J. Winemaster
	Senior Vice President

  

			
	We confirm our agreement to the above
		
	Signed	 	 /s/ James L. Tevebaugh

	Name:	 	 James L. Tevebaugh

	Date:	 	 11/22/07

			
	

	  	 Perkins Engines Inc.
 N4
AC6160, P. O. Box 610
 Mossville, IL 61552-0610
  

Telephone (309) 578-7364
 Facsimile (309)
578-7329

 19 October 2010 
 Mr Ken Winemaster 
 Senior Vice President 
 Power Great Lakes 
 655 Wheat Lane 
 Illinois 60195 
 USA 
 Dear Mr Winemaster 
 Re: Agreement between Power Great Lakes and Perkins
Engines Inc. effective 1st January 2004 
 We refer to your Agreement with Perkins Engines Inc,
appointing you as a distributor, effective
1st January 2004. 

In accordance with clause 2.3 of the agreement, we hereby confirm that the above Agreement and all matters relating to it have been
extended for a further term of **, that being until **. 
 The terms and conditions of distribution remain unchanged.

 Please sign and return the enclosed copy of this letter to indicate your acceptance. 

 

	
	Yours sincerely
	for Perkins Engines Inc.
	
	 /s/ Ennodio Ramos

	Ennodio Ramos
	Vice President

  

			
	We confirm our agreement
	to the above
		
	Signed	 	 /s/ Kenneth Winemaster

	Name:	 	 Kenneth Winemaster

	Date:	 	 11/4/2010

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