Document:

<PAGE>
                                                                   EXHIBIT 10.18

                                 EXECUTION COPY

                                 AMENDMENT NO. 5

                          Dated as of November 16, 2001

                                       to

                         RECEIVABLES PURCHASE AGREEMENT

                           Dated as of August 10, 2000

                  THIS AMENDMENT NO. 5 dated as of November 16, 2001
("Amendment") is entered into by and among Jabil Circuit Financial, Inc., a
Delaware corporation (the "Seller"), Jabil Circuit, Inc., a Delaware corporation
(the "Sub-Servicer"), the financial institutions party hereto (the "Financial
Institutions"), Falcon Asset Securitization Corporation ("Falcon") and Bank One,
NA (Main Office Chicago), as Agent (the "Agent"). Capitalized terms used herein
and not otherwise defined herein shall have the meanings ascribed to them in the
RPA, as defined below.

                             PRELIMINARY STATEMENTS

         A.       The Seller, the Sub-Servicer, the Financial Institutions,
Falcon and the Agent are parties to that certain Receivables Purchase Agreement
dated as of August 10, 2000 (as the same has been amended prior to the date
hereof and may be further amended, restated, supplemented or otherwise modified
from time to time, the "RPA").

         B.       The parties hereto have agreed to amend the RPA on the terms
and conditions hereinafter set forth.

                  NOW, THEREFORE, in consideration of the premises set forth
above, and other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Seller, the Sub-Servicer, the Purchasers and
the Agent agree as follows:

         SECTION 1. Amendments to the RPA. Effective as of the date hereof,
subject to the satisfaction of the conditions precedent set forth in Section 2
below, the RPA is hereby amended as follows:

         1.1      Section 7.1(b) of the RPA is hereby amended to delete clause
(vii) thereof in its entirety and replace it with the following:

                  "(vii) Jabil Mexico and Jabil Chihuahua. As soon as the Seller
         becomes aware thereof, notice of any action taken by Jabil Mexico,
         Jabil Chihuahua or any other Person to assert any claim against any
         property of Jabil, Jabil Mexico or Jabil Chihuahua in Mexico."

         1.2      Section 8.1(b) of the RPA is hereby amended to delete the
parenthetical appearing in the fourth sentence thereof and replace it with the
following:

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                  "(other than (x) Jabil Mexico with respect to those
         Receivables arising from the sale of products manufactured by Jabil
         Mexico and (y) Jabil Chihuahua with respect to those Receivables
         arising from the sale of products manufactured by Jabil Chihuahua)"

         1.3      Section 8.5 of the RPA is hereby amended to delete clause (i)
thereof in its entirety and replace it with the following:

                  "(i) on the fifteenth(15th) day of each month and at such
         times as the Agent shall request, a Monthly Report, such Monthly Report
         and the calculations on which the information in such Monthly Report is
         based not to include or otherwise give effect to any Unreported
         Receivable and"

         1.4      Section 9.1(f) of the RPA is hereby amended to delete clauses
(ii) and (iii) thereof in their entirety and replace them with the following:

                  (ii) the average of the Dilution Ratios as at the end of such
         month and the two preceding months shall exceed 10% and the Dilution
         Ratio as at the end of such month shall exceed 14%; or

                  (iii) the average of the Default Ratios as at the end of such
         month and the two preceding months shall exceed 7.75% and the Default
         Ratio as at the end of such month shall exceed 9.25%."

         1.5      Section 10.1 of the RPA is hereby amended to delete clause
(xv) thereof in its entirety and replace it with the following:

                  "(xv) the operations of Jabil Mexico or Jabil Chihuahua and
         the enforcement of the Agent's and the Purchaser's rights under either
         Estoppel Letter; and"

         1.6      Section 11.1 of the RPA is hereby amended to delete the term
"Estoppel Letter" appearing in the last sentence thereof and replace it with the
term "Estoppel Letters".

         1.7      Exhibit I of the RPA is hereby amended to delete the
definition of "Dilution Horizon Ratio" contained therein in its entirety and
replace it with the following:

                  " `Dilution Horizon Ratio' means, as of the last day of any
         calendar month, a percentage equal to (i) the Originator Sales during
         the most recently ended calendar month divided by (ii) the aggregate
         Outstanding Balance of all Eligible Receivables as of such date."

         1.8      Exhibit I of the RPA is hereby further amended to delete the
definition of "Dilution Ratio" contained therein in its entirety and replace it
with the following:

                  " `Dilution Ratio' means, at any time, a percentage equal to
         (i) the aggregate amount of Dilutions which accrued during the calendar
         month then most recently ended, divided by (ii) the Originator Sales
         during the month ending one (1) calendar month prior to such date."

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<PAGE>

         1.9      Exhibit I of the RPA is hereby further amended to delete the
definition of "Dilution Spike Ratio" contained therein in its entirety and
replace it with the following:

                  " `Dilution Spike Ratio' means, as of the last day of any
         calendar month, a percentage equal to the highest Dilution Ratio as of
         the last day of any of the twelve (12) months then most recently ended;
         provided, that $8,000,000 shall be deducted from the Dilutions for the
         month of February 2000 in calculating the Dilution Ratio for such month
         for purposes of this definition."

         1.10     Exhibit I of the RPA is hereby further amended to delete
clause (iv) of the definition of "Eligible Receivable" in its entirety and
replace it with the following:

                  "(iv) which by its terms is due and payable within 45 days of
         the original billing date therefor (or in the case of a Receivable for
         which Johnson Controls, Inc. is the Obligor, is due and payable on or
         prior to the last day of the month immediately succeeding the month in
         which the original billing date occurred), has not had its payment
         terms extended, and has not had its original billing date changed for
         any portion thereof,"

         1.11     Exhibit I of the RPA is hereby further amended to delete
clause (xx) of the definition of "Eligible Receivable" in its entirety and
replace it with the following:

                           "(xx) which, if it arises from the sale of any
         product manufactured outside of the United States (other than a product
         manufactured by Jabil Mexico in Guadalajara, Mexico and other than a
         product manufactured by Jabil Chihuahua in Chihuahua, Mexico) such
         Receivable has been approved in writing by the Agent."

         1.12     Exhibit I of the RPA is hereby further amended to delete the
definition of "Estoppel Letter" contained therein in its entirety and replace it
with the following:

                  " `Estoppel Letters' means each of (i) that certain estoppel
         letter agreement dated as of August 10, 2000 executed by Jabil Mexico
         for the benefit of the Agent, on behalf of the Purchasers and (ii) that
         certain estoppel letter agreement dated as of November 16, 2001
         executed by Jabil Chihuahua for the benefit of the Agent, on behalf of
         the Purchasers."

         1.13     Exhibit I of the RPA is hereby further amended to add the
following definition after the definition of "Jabil" contained therein:

                  " `Jabil Chihuahua' means Jabil Circuit de Chihuahua, S.A. de
         C.V., a corporation organized under the laws of Mexico as a Sociedad
         Anonima de Capital Variable."

         1.14     Exhibit I of the RPA is hereby further amended to delete the
date "November 16, 2001" occurring in the definition of "Liquidity Termination
Date" contained therein and replace it with the date "May 8, 2002".

         1.15     Exhibit I of the RPA is hereby further amended to delete the
definition of "Purchase Limit" contained therein in its entirety and replace it
with the following:

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                  " `Purchase Limit' means $100,000,000."

         1.16     Exhibit I of the RPA is hereby further amended to delete the
term "Estoppel Letter" appearing in the definition of "Transaction Documents"
contained therein and replace it with the term "Estoppel Letters".

         1.17     Exhibit I of the RPA is hereby further amended to add the
following definition after the definition of "Unconditional Liquidity Provider"
contained therein:

                  " `Unreported Receivable' means a Receivable described on
         Schedule E, as such schedule may be modified from time to time by the
         Seller with the consent of the Agent."

         1.18     Exhibit III of the RPA is hereby amended to add the following
information under the Guadalajara, Mexico information:

                  CHIHUAHUA, MEXICO
                  c/o Jabil Circuit de Chihuahua SA de CV
                  Alejandro Dumas #11341
                  Complejo Industrial Chihuahua
                  Chihuahua, Chihuahua, Mexico CP31109

         1.19     Exhibit IV of the RPA is hereby amended to add the following
Collection Account Information:

<TABLE>
<CAPTION>
                  Collection Bank        Lockbox Address                    Related Collection Account
                  <S>                    <C>                                <C>
                  Bank One, NA           P.O. Box 22825                     10-93863 Jabil Circuit Financial,
                                         Chicago, IL  60673-1228            Inc. (Texas)
                  Bank One, NA           P.O. Box 730802                    11-00221 Jabil Circuit Financial,
                                         Dallas, TX 75375-0802              Inc. (Chihuahua)
                  Bank One, NA           P.O. Box 22275                     10-63544 Jabil Circuit Financial,
                                         Chicago, IL 60673-1222             Inc. (Florida)

</TABLE>
         1.20     The RPA is hereby amended to add Schedule E thereto in the
form attached hereto as Annex A.

         SECTION  2. Conditions Precedent. This Amendment shall become effective
as of the date first above written, upon receipt by the Agent of:

                  (i)      four (4) copies of this Amendment duly executed by
         each of the Seller, the Sub-Servicer, the Purchasers and the Agent;

                  (ii)     each of the documents set forth on Schedule I hereto;
         and

                  (iii)    the Amendment Fee (as such term is defined in the Fee
         Letter referred to on Schedule I hereto).

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         SECTION 3.        Covenants, Representations and Warranties of the
Seller and the Sub-Servicer.

         3.1      Upon the effectiveness of this Amendment, each of the Seller
(individually and in its capacity as Servicer) and the Sub-Servicer hereby
reaffirms all covenants, representations and warranties made by it, to the
extent the same are not amended hereby, in the RPA, as amended, and agrees that
all such covenants, representations and warranties shall be deemed to have been
re-made as of the effective date of this Amendment.

         3.2      Each of the Seller (individually and in its capacity as
Servicer) and the Sub-Servicer hereby represents and warrants, (i) that this
Amendment constitutes the legal, valid and binding obligation of such Person
enforceable against such Person in accordance with its terms, except as
enforceability may be limited by bankruptcy, insolvency, reorganization,
moratorium or similar laws affecting the enforcement of creditors' rights
generally and general principles of equity which may limit the availability of
equitable remedies and (ii) upon the effectiveness of this Amendment, no
Amortization Event or Potential Amortization Event has occurred or is
continuing.

         SECTION 4. Reference to the Effect on the RPA.

         4.1      Upon the effectiveness of this Amendment, each reference in
the RPA to "this Agreement," "hereunder," "hereof," "herein," "hereby" or words
of like import shall mean and be a reference to the RPA as amended hereby, and
each reference to the RPA in any other document, instrument or agreement
executed and/or delivered in connection with the RPA shall mean and be a
reference to the RPA as amended hereby.

         4.2      Except as specifically amended hereby, the RPA and the other
documents, instruments and agreements executed and/or delivered in connection
therewith shall remain in full force and effect and are hereby ratified and
confirmed.

         4.3      The execution, delivery and effectiveness of this Amendment
shall not operate as a waiver of any right, power or remedy of the Purchasers or
the Agent under the RPA or any of the other Transaction Documents, nor
constitute a waiver of any provision contained therein, except as specifically
set forth herein.

         SECTION 5.   Headings.  Section headings in the Amendment are included
herein for convenience of reference only and shall not constitute part of this
Amendment for any other purpose.

         SECTION 6.   GOVERNING LAW.  THIS AMENDMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS (AS OPPOSED TO THE CONFLICTS OF
LAW PROVISIONS) AND DECISIONS OF THE STATE OF ILLINOIS.

         SECTION 7.   Counterparts.  This Amendment may be executed by one or
more of the parties to this Amendment on any number of separate counterparts and
all of said counterparts taken together shall be deemed to constitute one and
the same instrument.

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         SECTION 8.   Fees and Expenses. The Seller hereby confirms its
agreement to pay on demand all reasonable costs and expenses in connection with
the preparation, execution and delivery of this Amendment and any of the other
instruments, documents and agreements to be executed and/or delivered in
connection herewith, including, without limitation, the reasonable fees and
out-of-pocket expenses of counsel to the Agent.

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                  IN WITNESS WHEREOF, this Amendment has been duly executed as
of the day and year first above written.

                                        JABIL CIRCUIT FINANCIAL, INC.

                                        By:
                                           ------------------------------------
                                        Name:
                                             ----------------------------------
                                        Title:
                                              ---------------------------------

                                        JABIL CIRCUIT, INC.

                                        By:
                                           ------------------------------------
                                        Name:
                                             ----------------------------------
                                        Title:
                                              ---------------------------------

                                        FALCON ASSET SECURITIZATION

                                        CORPORATION

                                        By:
                                           ------------------------------------
                                        Name:
                                             ----------------------------------
                                        Title: Authorized Signatory

                                        BANK ONE, NA  (Main Office Chicago), as
                                        a Financial Institution and as Agent

                                        By:
                                           ------------------------------------
                                        Name:
                                             ----------------------------------
                                        Title: Authorized Signatory

                        Signature Page to Amendment No. 5
<PAGE>

                          ANNEX A TO AMENDMENT NO. 5 TO

                         RECEIVABLES PURCHASE AGREEMENT

                                   SCHEDULE E

                             UNREPORTED RECEIVABLES

             Receivables for which the Obligor is Redback Networks

                        Signature Page to Amendment No. 5<PAGE>
                                                                    EXHIBIT 10.1

                          TECHNOLOGY LICENSE AGREEMENT

THIS IS AN AGREEMENT by and between W.B.G., INC., 23930-40 Madison Street,
Torrance, California 90505, a California corporation ("WBG"), and TRANSMISSION
TECHNOLOGY CORPORATION, 316 Main Street, Humble, Texas 77338, a Nevada
corporation ("TTC").

WHEREAS, the business of WBG includes the inventing, testing, and patenting of
composite based electrical transmission cables and related technologies
sometimes referred to as the TeleConductors; and

WHEREAS, the business of TTC, its assigns or affiliates includes developing,
manufacturing, marketing and sub-licensing products for electrical energy
transmission and distribution; and

WHEREAS, it is the desire of the parties hereto to enter into a business
relationship concerning the WBG TeleConductor technologies;

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, WBG and TTC agree as follows:

                                 1. DEFINITIONS

1.1 "Technology" means all inventions, patents, formulations and compositions,
manufacturing and processing techniques, designs, productions, applications and
use specifications, technical, business and marketing information, improvements,
modifications, developments, know-how, trade secrets, proprietary information,
confidential information, technical information, and all other information
related to or relating in any manner whatsoever to the TeleConductors. The
TeleConductors are described in Exhibit "A" attached hereto and is referred to
herein as if copied in verbatim.

1.2 "WBG Technology" means all Technology owned, possessed or controlled by WBG
that relates to or is otherwise applicable to the TeleConductors, including
without limitation compositions, properties or characteristics, manufacturing
and processing techniques and end use applications relating to Technology of the
TeleConductors.

1.3 "WBG Patent Rights" means patents and patent applications (including but not
limited to all certificates of invention, applications for certificates of
invention and utility models covering or relating to Technology, including any
substitutions, extensions, reissues, reexaminations, renewals, divisions,
continuations, or continuations-in-part, and related foreign filings) owned
and/or controlled by WBG relating to Technology.

<PAGE>

1.4 "Gross Revenues" means all amounts received by TTC relating to the sale of
the TeleConductors, less associated taxes, duties, and/or tariffs, less
associated discounts, allowances, credits on returns and reimbursements, and
less associated freight, insurance, and other delivery expenses.

1.5 "Effective Date" means the date that this document is signed by the parties
hereto.

                                    2. TERMS

2.1 TECHNOLOGY/PATENT RIGHTS. WBG grants TTC exclusive rights to the Technology
and future products in development including but not limited to marine cable
technologies, direct burial cable technologies, distribution cable technologies,
improvements in the Technology and other special designs. TTC shall have the
right to sub-license the Technology so long as WBG receives the same
consideration as it would from TTC's use of the Technology.

2.2 CONSIDERATION. For and in consideration of receiving exclusive rights to the
Technology described in Section 2.1 above, TTC shall pay WBG as follows:

o     ROYALTY. TTC shall pay WBG a maximum royalty of FIVE percent (5%) of Gross
      Revenues received by TTC from the sale of the Technology products until
      sales of product have equaled the design capacity of the first commercial
      production line. Design capacity of each commercial production line shall
      be defined as the capacity stated on the specifications by the builder
      which is WBG. The royalty shall decline by ONE percent (1%) of Gross
      Revenues as sales of product from each additional commercial production
      line reaches design capacity. TTC shall pay WBG a minimum royalty of TWO
      percent (2%) of Gross Revenues received by TTC from the sale of the
      Technology products.

o     SUB-LICENSE ROYALTY. TTC shall pay the same royalty to WBG as it would if
      it sold the products itself.

o     COMMERCIAL PRODUCT LINE DEVELOPMENT. TTC agrees to pay WBG to design,
      build, test, install, provide specifications, manuals, and training for
      complete commercial product equipment lines for each Technology. The price
      to be mutually agreed upon based upon costs plus reasonable overhead fees.
      TTC understands and agrees that it must advance funds to WBG for each
      phase as required under a mutually agreed upon budget and schedule.

o     ADDITIONAL COMMERCIAL PRODUCT LINES SUPPLY. TTC agrees to purchase
      additional commercial product lines from WBG for all additional plant
      lines as required at mutually agreed upon prices and delivery schedules.
      If WBG is unable to supply said additional commercial product lines, then
      TTC shall have the right to produce same.

2.3 ROYALTY PAYMENT SCHEDULE. All amounts due WBG under Paragraph 2.2 shall be
paid by TTC on a monthly basis within thirty (30) days of the end of each such

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month, to be adjusted on a quarterly basis from reports prepared for quarterly
accounting. TTC shall include with each payment a report of the applicable Gross
Revenues so the amount payable to WBG hereunder can be accurately determined.

2.4 RECORDS/AUDIT. TTC shall keep and maintain adequate records in accordance
with accepted practices for purposes of determining all amounts due WBG
hereunder. WBG and/or a designated representative shall have a right to require
an audit of all records of TTC for purposes of determining the accuracy of
payments made or payable to WBG hereunder. In the event that any audit reveals a
deficiency in the amount due WBG, the amount of the deficiency, interest
accruing at the rate of ten percent (10%) per annum from the date on which
payment was actually due and all reasonable costs associated with such audit
shall be paid by TTC to WBG within thirty (30) days of TTC receiving
notification of the deficiency and TTC's confirmation of the deficiency.

2.5 RIGHT TO DEVELOP. WBG agrees to develop improvements in the Technology using
grants or other sources including payments by TTC and WBG agrees that all such
improvements shall be a part of the grant of rights to TTC referred to in
Paragraph 2.1.

2.6 FULL DISCLOSURE. WBG shall provide to TTC full disclosure of all current and
future WBG Technology (as defined in 1.1) developments, designs, patent
applications, tests, and any certifications to date. WBG agrees to disclose to
TTC any interested parties in the Technology to enable TTC to incorporate such
interest in its marketing plans.

                            3. ADDITIONAL CONSULTING

3.1 TECHNICAL CONSULTING. WBG agrees to provide TTC with additional consultancy
services as may be reasonably required by TTC.

                         4. REPRESENTATIONS/WARRANTIES

4.1 RIGHT TO TECHNOLOGY. WBG represents and warrants to TTC that WBG has the
right to enter into this Agreement, including without limitation the right to
grant TTC the exclusive rights set forth in Paragraph 2.1 above.

          5. POTENTIAL THIRD-PARTY INFRINGEMENT & OTHER PATENT ISSUES

5.1 NOTIFICATION. Each party shall notify the other party of the existence of
any potential infringement or misappropriation of the WBG Patent Rights and/or
WBG Technology by any third party within a reasonable time after acquiring
information sufficient to form a reasonable belief as to the existence of such
potential infringement or misappropriation.

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<PAGE>

5.2 NON-ENFORCEMENT. In the event WBG does not immediately enforce the WBG
Patent Rights and/or WBG Technology against a third party which is potentially
infringing and/or misappropriating such rights, the presence of which is having
a substantial adverse economic effect upon the commercial activities of TTC
relating to this Agreement, TTC will have the right to enforce the WBG Patent
Rights and/or WBG Technology against the third party at its own expense. In this
event any penalties or remedies paid in favor of WBG shall be collected in full
by TTC.

                               6. CONFIDENTIALITY

6.1 CONFIDENTIALITY.

(a) Each party to this agreement agrees to keep in strictest confidence and not
(i) use for its own purposes or other than for the sole benefit of the
disclosing party or (ii) disclose or make available to any third party the
disclosing party's Confidential Information regarding Technology referred to in
1.1.

(b) Confidential Information may be disclosed only to those TTC determines (i)
reasonably require access to such information for the purposes contemplated
hereby, (ii) have been informed of the confidential nature of the Confidential
Information and (iii) agree to act in accordance with the terms and conditions
of this Agreement.

(c) Notwithstanding the foregoing, nothing herein shall limit the disclosure of
such Confidential Information which: (i) is legally in the possession of the
receiving party prior to receipt thereof from the disclosing party; or (ii)
enters into the public domain through no fault of the receiving party or its
employ; or (iii) is disclosed to the receiving party without restrictions or
breach of any duty of confidentiality by a third party who has the right to make
such disclosure; or (iv) is independently developed by or for the receiving
party without reference to the disclosing party's Confidential Information;

(d) In the event the receiving party is required by law or legal process to
disclose any Confidential Information, the receiving party shall provide prompt
notice of such to the disclosing party so that legal protection for the
Confidential Information may be sought. In the event such protection is not
obtained, the receiving party's compliance with the non-disclosure provisions of
this Agreement, to the extent required to comply with such law or legal process,
shall be waived.

(e) All Confidential Information and any copies or derivatives thereof in what
ever form shall be returned to the disclosing party upon its request or upon
completion or termination of the Services.

6.2 Each party acknowledges that money damages would not be an adequate remedy
for breach of this Agreement and that the disclosing party shall be entitled to

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<PAGE>

specific performance, in addition to such other remedies as may be available at
law or in equity, for any such breach.

6.3 Should any provision of this Agreement be held to be illegal or
unenforceable, such holding shall not affect the validity of the remainder of
this Agreement.

6.4 This Confidentiality clause shall survive and remain in effect for five
years and shall survive any termination of this Agreement.

                               7. INDEMNIFICATION

7.1 WBG. TTC shall be solely responsible and/or liable for any and all actions
undertaken by TTC under this Agreement.

7.2 TTC. WBG shall be solely responsible and/or liable for any and all actions
undertaken by WBG under this Agreement.

                             8. DISPUTE RESOLUTION

8.1 MEDIATION.

(a) Any controversy or claim arising out of or relating to this Agreement, or
the breach thereof, shall be first addressed in mediation proceedings between
the parties. The location of such proceedings shall be at Los Angeles County,
California.

(b) Mediation proceedings shall be initiated by providing notification to the
other party pursuant to Paragraph 10.3 in which the party desiring mediation
designates one of its executive officers to be its representative for the
mediation proceedings and in which the subject matter of the controversy or
claim is specifically identified. The receiving party shall thereafter designate
one of its executive officers to be its representative for the mediation
proceedings, such designation to be made within five (5) business days after
receiving notification from the initiating party and to be submitted in writing
to the Initiating party pursuant to Paragraph 10.3.

(c) The party-designated executive officers shall, following a reasonable
investigation period not to exceed sixty (60) days, initiate negotiations to
resolve the dispute. In the event the parties do not reach an agreement to
resolve the claim or controversy within sixty (60) days after negotiations are
initiated, the claim or controversy shall be settled by binding arbitration
pursuant to Paragraph 8.2.

8.2 ARBITRATION. Any controversy or claim arising out of or relating to this
Agreement, or the breach thereof, which is not resolved by mediation pursuant to
Paragraph 8.1, shall be settled by arbitration in accordance with the Commercial
Arbitration Rules of the American Arbitration Association, and judgment upon the
award rendered by the arbitrators may be entered in any court having competent
jurisdiction thereof. Prior to any arbitration hearing, each party shall make
available to the other party and upon the request of the other party documents

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<PAGE>

and witnesses relevant to the issues in arbitration. The location of any such
arbitration proceedings shall be Los Angeles, California.

                              9. TERM/TERMINATION

9.1 TERM. The initial term of this Agreement shall expire when the last patents
expire, subject to any earlier termination pursuant to Paragraph 10.7 below.
This term may be extended upon the mutual written agreement of the parties.

9.2 TERMINATION. This Agreement may be terminated by either party upon the
written consent of both parties or if the other party breaches any material
obligation under this Agreement and fails to diligently proceed to cure such
breach within sixty (60) days after receipt of written notification from the
terminating party which sets forth the basis of the material breach and the
terminating party's intent to terminate the Agreement due to the material
breach.

9.3 SELL-OFF RIGHTS. Upon termination of this Agreement for any reason, TTC
shall have the right to dispose of all Licensed Products on hand at the time of
termination and to produce sufficient Licensed Products to fulfill all
commitments for the Licensed Products, provided, however that TTC shall make all
reports and make all payments required under this Agreement.

                               10. MISCELLANEOUS

10.1 ASSIGNMENT. Neither party may assign this Agreement, in whole or in part,
without the prior written consent of the other party; except; however, that
either party may assign, without the other part's prior written consent, all
rights under or realized pursuant to this Agreement to a purchaser of all or
substantially all of the assets of the party to which the Agreement relates, or
in the event of the merger, to the surviving entity, provided that any such
purchaser or surviving entity agrees in writing to undertake all corresponding
obligations hereunder.

10.2 AGENCY. No agency relationship is established between the parties by this
Agreement, and neither party will have the right and will not attempt to bind,
act for, or otherwise make representations on behalf of the other party unless
expressly agreed in writing. Each party shall be responsible for the indemnity
of the other party with respect to any claims resulting from any acts or
omissions in breach of this paragraph.

10.3 NOTICE. Any notice, demand, or other communication required or permitted in
connection with this Agreement shall be in writing and shall be sufficiently
given or made if:

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(a) Delivered in person during normal business hours on a business day and left
with a receptionist or other responsible employee of the relevant party at the
applicable address set forth below;

(b) Sent by registered mail; or

(c) Sent by an electronic means of sending messages, including telex or
facsimile transmission, which produces a paper record ("Electronic
Transmission") during normal business hours on a business day charges prepaid
and confirmed by prepaid first class mail;

If to TTC:                 Transmission Technology Corporation
                           ATTN: Tom Sawyer
                           316 Main Street, Suite L
                           Humble, Texas  77338

If to WBG:                 W.B.G., Inc.
                           ATTN: W. Brandt Goldsworthy
                           23930-40 Madison Street
                           Torrance, California  90505

10.4 ENTIRE AGREEMENT. This agreement constitutes the entire agreement and
understanding relating to the subject matter hereof, and supersedes all previous
communications, proposals, representations, and agreements, whether oral or
written, relating hereto.

10.5 MODIFICATION. This Agreement may only be modified by a further written
agreement executed by authorized representatives of both parties.

10.6 NON-WAIVER. A waiver of any right hereunder by either party on any occasion
shall not in any way constitute a waiver of such right or any other right on any
subsequent occasion.

10.7 SURVIVING TERMS AND CONDITIONS. Articles 8, and 9 shall survive any
termination of this Agreement.

10.8 GOVERNING LAW. This Agreement shall be governed by and construed in
accordance with the laws of the State of California.

                                       7
<PAGE>

ON THIS the 7th day of May, 2001 and IN WITNESS HEREOF, and by their signatures
below, the undersigned individuals represent that they have the requisite
authority to bind their respective entities to the terms and conditions set
forth above.

W.B.G., INC.                                TRANSMISSION TECHNOLOGY
                                            CORPORATION

/s/ W. BRANDT GOLDSWORTHY                   /s/ C. WILLIAM ARRINGTON
-----------------------------------         ------------------------------------
W. Brandt Goldsworthy, President            C. William Arrington, President

Witnessed by:                               Witnessed by:

/s/ LOWELL EASTMAN                          /s/ BENTON H WILCOXON
-----------------------------------         -----------------------------------

                                       8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00033-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00033-of-00352.parquet"}]]