Document:

20-F

Exhibit 4.7  

ADDENDUM TO THE LEASE
AGREEMENT  

Executed and Signed in
Tel-Aviv on 29th of the Month of May 2007  

-BY- 

A.Z. Barnovitz - Assets and Rental Ltd. (Receivership and Liquidation)

Represented by Adv. Eran Reif

Receiver to Realize Mortgage Pursuant to an Order

By the Head of the Execution Office Dated 6.9.2006

(Hereinafter: "The Landlord") 

On the One Part  

-AND BETWEEN- 

Eltek Ltd., Public Company No. 520042953

Company Registered Pursuant to the Companies Ordinance

From the Segula Industrial Zone, Petach Tikva

(Hereinafter: "The Tenant") 

On the Second Part  

	WHEREAS:  	The
Landlord together with the Neca Chemicals 1952 Ltd. Company are the owners
Lessees of part of Parcel 13 in Bloc 6354 in the Segula
Industrial Zone, Petach Tikva (hereinafter: "The Land");  

	AND WHEREAS: 	
There is a Landlord-Tenant relationship between the Landlord and
Tenant in accordance with the unprotected lease agreement
dated June 26, 2002 (hereinafter: “The Original Agreement”);  

	AND WHEREAS: 	
              Pursuant to the parties  consent,  commencing from October 1, 2003 and
through until                            September  30,  2005 the Tenant paid the
 Landlord  basic rent of a sum in NIS equal                            to a sum of $4 per
square meter in addition to VAT; 

	AND WHEREAS:  	
              Against  A.Z.  Barnovitz  Assets and Rental  Ltd.  a  receivership  order
was issued                            pursuant  to a general  floating  charge  created
 in favor of Bank  Hapoalim  and a                            Liquidation Order at the
request of Bank Igud; 

	AND WHEREAS:  	
              A mortgage,  unlimited in amount,  was recorded over the land in favor of
Bank Leumi                            Le'Israel  Ltd. and this to secure  settlement of
A.Z.  Barnovitz  Assets and Rental                            Ltd.‘s debts; 

	AND WHEREAS:  	
The Landlord declares that at the request of Bank Leumi Le'Israel Ltd.
proceedings were initiated to realize the mortgage within
the framework of Execution File No. 26-08424-03-9 and
accordingly Adv. Eran Reif was appointed as the receiver to
realize the mortgage and a copy of the order is attached
to this Addendum as Appendix A;  

	AND WHEREAS:  	
              The  Tenant  and the  Landlord  agreed to change  the basic  rent and to
change  the                            original lease period, all as detailed below; 

	AND WHEREAS:  	
              The parties are interested in amending the  provisions of the original
 agreement by                            certain changes as detailed in this Addendum
below; 

Therefore, It Is Agreed,
Stipulated And Declared Between The Parties As Follows: 

	 	1.	The
preamble to this Addendum constitutes an integral part hereof. 

	 	2.	The
phrases included in this Addendum will assume the same meaning attributed to
          them in the original agreement. 

	 	3.	All
the provisions in the original agreement will remain in effect unless a
          provision in this addendum to the original agreement determines an express
          provision canceling and/or amending a given provision in the original
agreement. 

	 	4.	It
is agreed between the parties that starting from October 1, 2005 the           following
conditions will apply: 

	 	4.1 	Notwithstanding
the provisions in Section 3(a) of the original agreement and instead of the provisions
therein, the lease period will be for ten years to begin on 1.3.2007 and end on 28.2.2017
(hereinafter – “The New Lease Period”).  

	 	4.2 	Section
4 of the original agreement is cancelled. Any distinction in relation to the areas
defined in Section 3(a) of the original agreement and the provisions in this addendum is
cancelled, without any distinctions being made in relation to the area of the premises
(an area of 9,000 square meters).  

	 	4.3 	Notwithstanding
the provisions determined in Sections 7(a) and 7(b) of the original agreement and/or any
prior consent between the parties, whether in writing or verbal, the parties agree that
the rent for the lease period from 1.10.2005 and through until 1.3.2007 and for the new
lease period will stand at a sum of NIS 22.99 per square meter (subject to Section 4.5
below), and for the 9,000 square meter area of the premises will be equal to a sum of NIS
206,910 per month in addition to VAT prescribed by law (hereinafter –“The
Basic Rent”). Notwithstanding the provisions in Section 7(c) of the original
agreement, payment of rent will be made each month on the 1st of the month and
accordingly, checks will be delivered in advance for a period of one calendar year.  

	 	4.4 	Section
7(c)(2) of the original agreement is hereby cancelled. 

	 	4.5 	The
provisions in Section 7(e) of the original agreement will be amended so that the basic
index is defined as – “Index for the Month of August 2005” that was
published on 15.9.2005 and which stood at 102.40 (pursuant to the basis of “2002
Average”), and the basic rent will be appraised in accordance with the provisions in
Section 7(e) of the original agreement after amending the basic index.  

	 	4.6 	Section
 7(g),  including  but not limited to all of its  sub-sections,  of the original
 agreement is                   hereby cancelled. 

	 	4.7 	The
Tenant is given a conditional option to extend the new lease period for an additional
5-year period. The rent for the option period. The rent for the option period will be an
amount of NIS 24.14 per square meter per month in addition to VAT – linked to the
index – pursuant to the basic index as determined in Section 4.5 above. The Tenant
will give written notice whether it is going to exercise the option no later than by
1.9.2016.  

	 	4.8 	The
full balance of the rent outstanding from 1.10.2005 and through until the date this
addendum is signed, that is to be paid in accordance with the provisions in this
addendum, and this in accordance with the account attached hereto as Appendix B,
will remain with Eltek, that will use the funds in order carryout the renovations as
stated in Section 6 below. Despite the foregoing, it is agreed that if Eltek does not
engage in contracts with planners and consultants within 60 days following the day this
addendum is signed and/or does not actually begin the renovations after engaging in
contracts with contractors within six months from the date of signing this addendum, the
full amount referenced above will be transferred to the receiver in cash.  

	 	5.	Without
derogating from the provisions in Section 4.8 above – the parties           agree
that subject to payment of a sum of 90,000 Dollars within 30 days of the           date
this agreement is signed and the provisions below, neither of the parties           will
have any allegations against the other insofar as accounting between them           is
concerned in relation to payment of rent for the period ending on 30.9.2005,
          and the Tenant will have no action and allegation against the Landlord in
          relation to any of the expenses expended by it in the past, including but not
          limited to fixing the fire extinguishing system, repairs and expenses for
          damages that occurred in the premises as detailed below. 

	 	
Without
derogating from the provisions above – it is agreed that the provisions in this
section exhaust all of the parties’ arguments – against one another in relation
to the provisions below (and overrides the provisions in the Eltek document dated
23.3.2005):  

	 	a.	For
damages to the clean room (including loss of income) an amount of NIS           137,240
(excluding VAT) as a result of damage caused on 27.1.2002. In this           respect, the
receiver or someone on its behalf may continue with any proceedings           to collect
the compensation amount from the insurance company and any amount           that is
received will belong solely to the Landlord.  

	 	b.	Work
carried out by Eltek dated 30.9.2002 and through until 27.2.2005 and for           which
invoices were issued for a total sum of NIS 334,977 (including VAT) as           detailed
in Appendix C.  

	 	c.	Section
C – expenses for the purpose of fixing the fire extinguishing           system of a
total sum of NIS 655,000 (excluding VAT).  

	 	d.	The
Tenant’s legal costs in relation to filing two interpleader motions           – dated
1.6.2004 and 4.11.2004.  

	 	e.	For
the sake of removing any doubt it is clarified that the ongoing expenses
          expended after 27.2.2005 are part of the ongoing accounting between the
parties.  

	 	f.	It
is further clarified that these provisions do not prejudice and/or derogate
          from the Landlord’s need to conduct routine maintenance of the building
and           comply with the authorities requirements to obtain permits insofar as this
          applies to the Landlord by virtue of the original agreement.  

	 	6. 	For
the sake of removing any doubt, it is agreed that the consents between the
          parties in relation to carrying out the renovations as stated in Section 10(h)
          of the original agreement as amended and adapted in accordance with Appendix
D1  to this addendum will remain in effect. The           renovations will be
carried out by Eltek in accordance with the work to be           carried out summary
document and the estimate attached thereto and attached           hereto as Appendix
D2. Eltek will make a complete and           absolute distinction between the
renovation work in accordance with the general           agreed upon specification and
the other work it is to carryout in the premises           during the course of the
renovation period. 

	 	
Eltek
will agree that a supervisor on behalf of the receiver will oversee the renovation work
and the expenditures and issuance of invoices in accordance with actual execution.  

	 	
Eltek
will be responsible to submit the renovation plans to the municipality, insofar as there
is a need to do so, and to obtain any permit required by law to carryout the renovation
work. Eltek will be responsible to indemnify the receiver for any damage and/or claims in
relation to the renovation work that you cause and/or someone on your behalf causes. For
the sake of removing any doubt – it is clarified that the Landlord will cooperate
with Eltek to obtain the permits and/or approvals that are required.  

	 	
For
the sake of removing any doubt, it is clarified that the Landlord is responsible to pay
for the renovations.  

	 	7.	For
the sake of removing any doubt – it is clarified that there is no
          stipulation and/or connection between payment of rent pursuant to this addendum
          and the actual carrying out of the renovations. 

	 	8.	Section
14(c) will be added to the agreement as follows: 

	 	c.	In
the case of a breach of this section the Tenant may act insofar as necessary           to
service the air-conditioning system in the south wing and to offset the cost
          thereof from the rent and this after it gives notice in writing to the Landlord
          of its intention to do so and an extension of 7 days to carryout the repairs.
          Notwithstanding the foregoing, it is agreed that in the case that the system
          shuts down or in the case of a fault that causes a real disruption to the
          factory’s activities, the Tenant will be entitled to repair the said fault
          forthwith and offset the cost of the repair from the rent.  

	 	9.	In
Section 21(a) the reference made to Sections 8(b) and 14 will be cancelled. 

	 	10.	The
second paragraph in Section 31 of the original agreement starting with the
          words “if on the date....” is hereby cancelled. 

	 	11.	The
amount determined in the first paragraph of Section 31 of the original
          agreement starting with the words “as partial guarantee”, will be
          amended so that the Tenant deposits a check for a sum of NIS 2,500,000 as
          security with the Landlord. The rest of the provisions in the first paragraph
of           Section 31 of the original agreement will remain in effect. 

	 	12.	This
addendum to the agreement will be furnished to the head of the execution           office
to be approved. 

	 	13.	The
parties addresses are as detailed below: 

			
			
			
			
			
	 	The Landlord:	c/o Attorneys Eran Reif, Bruchstein, Biro, Reif, Rihar & Co., of 75 Nachlat Benyamin, Tel-Aviv.
	 
	 	The Tenant:	Eltek Ltd. - of 4 Yechiel Drazner Street, P.O. Box 159, Segula Industrial Zone, Petach Tikva 49101.

	 	
And
any notice sent to a party’s address by registered mail will be considered as
received by the recipient 72 hours after it is sent, to the exclusion of Saturdays and
holidays.  

In Witness Whereof the
Parties Hereto Set Their Hands: 

		
		
		
		
		
	Eran Reif, Adv. 	 
	Receiver	( - )
	
	

	The Landlord 	Eltek Ltd. 
	 	The TenantUnassociated Document

    Exhibit
10.2

     

    INTELLECTUAL
PROPERTY PURCHASE AGREEMENT

    

    This
INTELLECTUAL PROPERTY PURCHASE
AGREEMENT (the "Agreement") is entered into as of this 20th day of
November, 2007, by and among Hydrogen Motors, Inc., a corporation existing under
the laws of the state of Nevada (''HM” or "Purchaser"); and Mr. Vasil' Tarasov
an individual the "Seller,” collectively “Parties”.

    

    WITNESSETH:

    

    WHEREAS, the Seller is the
inventor of, and currently holds all unencumbered right, title and interest to
the Vehicle Borne Hydrogen Generator (VBHG) and a producing hydrogen technology
by means of cycling the process of the hydrolysis of a reactive

    metal and
the process of electrolytic reduction of the reactive metal. All such trade
secrets and intellectual property rights shall collectively be referred to
herein as the "Intellectual Property";

    

    WHEREAS, the Purchaser wishes
to further develop and commercialize VBHG and the Intellectual Property in the
United States and world wide, and is willing to grant the Seller voting common
stock in the Purchaser and a board position and the Seller

    agrees to
cooperate and make best efforts with the Purchaser in consideration of Seller's
granting all right, title and interest in VBHG and the Intellectual
Property;

    

    WHEREAS, the Parties agree
that the Purchaser shall not assume any of the liabilities of the Seller
regarding VBHG and the Intellectual Property;

    

    NOW THEREFORE, In
consideration of the premises and mutual covenants, conditions and agreements
contained herein and for such other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the Parties hereto, each
intending to be legally bound hereby agree as follows:

    

    ARTICLE
I

    

    PURCHASE
OF ASSETS

    

    1.1           
Purchase and Sale of
Assets. Seller represents and warrant to Purchaser that Seller owns
without limitation, all right, title and interest in and to all of the VBHG and
Intellectual Property (contractual or otherwise) described or referred to in
Exhibit 1.1
hereto ("the Purchased Assets"). Upon the terms and subject to the conditions of
this Agreement, Seller hereby agrees that on the Closing Date (as hereinafter
defined in Section 2.1), Seller shall sell, assign, transfer and convey to the
Purchaser and Purchaser
hereby agrees to purchase, obtain and acquire from Seller, all of Seller's
right, title and interest in and to all of the Purchased Assets, free and clear
of any and all claims, rights, liens and/or encumbrances (except as otherwise
provided in this Agreement). The Purchased Assets shall comprise all of the
following:

     

    
      (a)  All
Intellectual Property as described In Exhibit 1.1, and all work papers,
research, prototypes, technology, theory, formula, and any other properties and
assets, whether tangible or intangible, related to the Intellectual Property and
VBHG.

       

    

    
      (b)  Any
franchises, licenses, permits, consents and other certificates of any
regulatory, administrative agency or body issued to or held by Seller that are
related to the Purchased Assets.

    

    

    1.2           Liabilities Not
Assumed. Purchaser does not assume or otherwise become responsible for,
any liability or obligation of the Seller or claims of such liability or
obligation whatsoever known or unknown, whether arising out of occurrences prior
to, at or after the date hereof, including without limitation:

    

    
      (a)  Any
liability whatsoever with respect to the Purchased Assets

    

    

    (b) Any
and all liabilities of the Seller, whether or not related to Purchased
Assets

     

    (c) Any
present or future action, suit, claim or proceeding against the
Seller

    

    1.3           Purchase Price. In
consideration of and in exchange for the each of the Seller's sale, assignment,
transfer and conveyance of all of the Purchased Assets, and in consideration of
each of the Seller's agreement hereby to not compete in any way with the
Purchaser or the Purchased Assets for a period of five years from the Closing
Date, the Purchaser agrees to pay to the Seller a total stock payment of Eight
Hundred Thousands (800,000) shares of restricted voting common stock of the
Purchaser (“the Shares"). The Purchaser agrees to pay expenses of VBHG patenting
in the United States and sign appropriate Patent License Agreement. Moreover,
Mr. Vasil' Tarasov will be elected to the board of directors of Hydrogen Motors,
Inc. no later than January 30th, 2008

    

    1.4           Investment Representations
Required under SEC Rules

    

    
      (a)  Investment Intent.
The Seller is acquiring the Shares solely for their own account, as principals,
for investment purposes and not with a view to, or for resale in connection
with, any distribution or underwriting of the Shares.

    

    

    
      (b)  No Securities Act
Registration. Seller understands that the shares of Purchaser's stock
issued as the Shares have not been registered under either the United States
Securities Act of 1933 or any state securities law, that Seller must hold the
Shares unless the Shares are subsequently registered under those laws or
transferred In reliance on an opinion of counsel that registration under those
laws is not required, and that the certificates representing the shares will
bear a legend to the foregoing effect.

    

    

    
      (c)  Abi1ity to Evaluate and Bear
Risk. Seller is fully able (1) to evaluate the information provided by
the Purchaser relevant to the merits, risks, and other factors bearing on the
suitability of the Shares as an investment and (2) to bear the economic risk of
its proposed investment in the Shares without reselling the
Shares.

    

    

    1.5           Business
Transition.

    

    Following
Closing, the Seller and the Purchaser shall cooperate with each other, execute
such documents and instruments, and take such other actions as are reasonably
requested by either party to effectuate a smooth transition of the Purchased
Assets to the Purchaser, and to develop and commercialize the Purchased
Assets.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    ARTICLE
II

    

    CLOSING

    

    2.1           Date and Time of
Closing. Subject to satisfaction of the conditions to Closing set forth
in this Agreement, the closing of the transactions contemplated by this
Agreement (the "'Closing") shall take place at 10.00 a.m. (Eastern Standard
Time), on November 20th, 2009 at the offices of Purchaser, or at such other
place and time thereafter as Shall be mutually agreeable to the Parties hereto
(the "Closing Date")

    

    2.2           Delivery of
Instruments. The following documents, instruments and other materials
shall be executed and delivered at or prior to the Closing Date:

    

    
      (a)  Instruments of
Transfer. The Seller shall execute and deliver to the Purchaser such
bills of sale, assignments, endorsements, and other instruments and documents
reasonably satisfactory in form and substance to the Purchaser and its counsel
as they may reasonably deem to be necessary or appropriate to vest in the
Purchaser on the Closing Date good and marketable title to the Purchased Assets
free and clear of any and all adverse claims, mortgages, pledges, liens,
charges, security interests or other rights, interests or encumbrances, and a
receipt for the price of other assets being acquired hereunder, title to which
shall all transfer upon delivery of such assets.

    

    

    
      (b)  Purchase Price.
Purchaser shall deliver to the Seller the Purchase Price, as provided in Section
1.3. At each of the Seller's respective reqziests, his or her respective stock
certificate may be delivered to his or her respective
address.

    

    

    
      (c)  Related Agreements.
The Purchaser and the Seller shall execute and deliver any other agreements
reasonably necessary to effectuate consummation of the transactions contemplated
herein

    

    

    ARTICLE
Ill

    REPRESENTATIONS
AND WARRANT1ES

    3.1 Representations and
Warranties of the Seller. The Seller represents and warrants to the
Purchaser as follows:

    

    
      (a)  Authorization. The
execution, delivery and performance of this Agreement and consummation of the
transactions contemplated hereby have been duly authorized by the Seller. The
Seller has taken all necessary action and have all the necessary power to enter
into this Agreement and to consummate the transactions contemplated
hereby.

    

    

    
      (b)  Binding Agreement.
This Agreement is the valid and biding and irrevocable obligation of the Seller,
and assuming validity of the representations and warranties of Purchaser, the
enforceable against such Seller in accordance with its terms, except as such
enforcement may be limited by applicable bankruptcy, insolvency, reorganization,
moratorium or other similar laws no on or hereafter in
effect.

    

    

    
      (c)  Title. The Seller
owns good, marketable, unencumbered, full and valid title, as would be
considered under the law of any jurisdiction, to all of the Purchased Assets and
can demonstrate a continuous chain of title with respect thereto since
acquisition or invention. The Purchased Assets are or will at the date of
closing be owned free and clear of all adverse clams, liens, mortgages charges,
security interests, encumbrances and other restrictions or limitations of any
kind whatsoever. None of the Seller is In bankruptcy, divorce or any other
proceedings which might result in claims against the Purchased
Assets.

    

    

    
      (d)  Intellectual
Property. With respect to the Purchased Assets, the Seller has not
interfered with, infringed upon, misappropriated, or otherwise come into
conflict with any intellectual property rights of third Parties, and Seller has
not received any charge, complaint, claim, demand, or notice alleging any such
interference, infringement, misappropriation or violation. No consent of any
government, authority or individual is necessary for the sale by the Seller of
the Purchased Assets. The inventors have agreed among themselves as to their
proportionate ownership of the intellectual Property and the Purchased Assets
and have no dispute regarding the proportionate holdings of Shares reflected in
Section 1.3 of the Agreement.

    

    

    
      (e)  Accuracy of Information
Furnished. No statement by the Seller sets forth herein or in the
exhibits or the schedules hereto, and no statement, verbal or written, made in
connection with the transactions contemplated hereby or the Purchased Assets,
contains any untrue statement of a material fact, or omits to state any material
fact which is necessary to make the statements contained herein or therein, in
light of the circumstances under which they were made, not
misleading.

    

    

    3.2           Representation of Warranties
of Purchaser. The Purchaser represents and warrants lo the Seller as
follows:

    

    
      (a)  Authorization. The
execution, delivery and performance of this Agreement and consummation of the
transactions contemplated hereby have been duly authorized, adopted and approved
by the board of directors of the Purchaser. The Purchaser has taken all
necessary corporate action and has all the necessary corporate power to enter
into this Agreement and to consummate the transactions contemplated
hereby.

    

    

    
      (b)  Binding Agreement.
This Agreement has been duly and validly executed and delivered by the officers
of the Purchaser on its behalf, and assuming the validity of representations and
warranties of the Seller, this Agreement is the valid and binding obligation of
the Purchaser, enforceable against the Purchaser in accordance with its terms,
except as such enforcement may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium or other similar laws now or hereafter in
effect.

    

    

    
      (c)  Organization. The
Purchaser is a corporation duly organized, validly existing and in good standing
under the laws of the State of Nevada. The Purchaser has the corporate power and
authority to own and lease its properties and assets and to carry on its
business as it is now being conducted.

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    ARTICLE
IV COVENANTS

    

    4.1
Obligations. The Seller and the Purchaser agree to carry out their respective
obligations at and following Closing as set forth In Article I, II and IV of
this Agreement.

    

    
      (a)  Governmental Filings and
Consents. The Seller and the Purchaser shall cooperate with one another
and make best efforts in filing any necessary applications, reports or other
documents with any domestic or foreign, federal, state or local agencies, or
authorities with respect to the Intellectual Property and the VBHG, including
but not limited to patent, trademark and copyright applications and filings on
behalf of the Purchaser.

    

    

    
      (b)  Commercialization.
The Seller and the Purchaser will work together and make best efforts to develop
and commercialize the intellectual Property and the VBHG.

    

    

    
      (c)  Notice. The Seller
will give prompt notice of any claim against any of them or against the
Purchased Assets and will give full cooperation and best efforts to the
Purchaser in defending any such claim, and in the event of any clam, lien, or
action against the Purchased Assets, the Seller will indemnify the Purchaser in
full for any resulting costs, expense or damages incurred by the
Purchaser.

    

    

    ARTICLE
V

    

    MISCELLANEOUS

    

    5.1           Fees and Expenses.
Except as otherwise provided In this Agreement, each party hereto will bear its
own legal, accounting, and other fees and expenses incident b the transactions
contemplated herein.

    

    5.2           Modification, Amendments and
Waiver. The Parties hereto may amend, modify or otherwise waive any
provision of this Agreement by mutual consent, provided that such consent and
any amendment, modification or waiver is in writing and is signed by each of the
Parties hereto.

    

    5.3           Assignment. The
Purchaser shall have the authority to assign its respective rights or
obligations under this Agreement without the prior written consent of the other
Parties hereto.

    

    5.4           Burden and Benefit.
This Agreement shall be binding upon and, to the extent permitted in this
Agreement, shall inure to the benefit, of the Parties and their respective
successors and permitted assigns.

    

    5.5           Governing Law. This
Agreement shall be governed by and construed in accordance with the laws of the
state of Oklahoma, without regard, however, to such jurisdiction’s principles of
conflicts of laws.

    

    5.6           Counterparts. This
Agreement may be executed in two or more counterparts, each of which shall be an
original, but all of which shall constitute but one agreement.

    

    5.7           Severability of
Provisions. The provisions of this Agreement shall be considered
severable in the event that any of such provisions are held by a court of
competent jurisdiction to be invalid, void or otherwise
unenforceable.

    

    5.8           Survival. The
provisions of Sectrons 1.1, 1.4 and all of Articles III, IV and V shall survive
termination of this Agreement.

    

    

    IN WITNESS WHEREOF, the
Pariles hereto have caused this Agreement to be executed and delivered on the
date and year first above willten.

    

    Mr.
V.Tarasav Hydrogen Motors, Inc.

    By. Vasd'
Tarasov

    

    By:
Dmitriy Shvenderman, President and CEO

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    

    Exhibit
1.I

    Intellectual
Property and Purchased Assets

    

    The
Parties to the Agreement understand and agree that the scope of rights
transferred by the Agreement shall be construed broadly, as there is not to this
point a patent, copyright, trademark or other authoritive intellectual property
grant issued with respect to the intellectual Property. Accordingly, Parties to
the Agreement that the intellectual Property and Purchased Assets, as defined in
that Agreement include:

    

    
      	
              1.  

            	
              Design,
      structure, arrangement of the Vehicle borne Hydrogen Generator
      (VBHG).

            

    

    
      	
              2.  

            	
              Technology
      and know-how of producing hydrogen as disclosed in patent application
      published under PCT IP# W02005/033366 A1 in April 14,
  2005.

            

    

    
      	
              3.  

            	
              Design,
      machinery, components, materials for the VBHG
    manufacturing.

            

    

    
      	
              4.  

            	
              The
      VBHG manufacturing and operating
know-how.

            

    

    

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