Document:

Manufacturing Agreement

 Exhibit 10.42 
  
 MANUFACTURING AGREEMENT 
  
 THIS AGREEMENT made this 23rd day of October, 2002, by and between Polar Molecular Corporation
(“Purchaser”), a Delaware corporation with a place of business at 4600 S. Ulster Street, Suite 940, Denver, Colorado 80237 and Lockhart Chemical Company, a Pennsylvania corporation, having a manufacturing business at 4302 James P. Cole
Blvd., Flint, Michigan 48505, and offices at 2873 West Hardies Road, Gibsonia, Pennsylvania 15044 (“Manufacturer”). 
  
 WITNESSETH: 
  
 WHEREAS, Purchaser has certain technical information relating to the manufacture and/or storage, blending, filling and shipping requirements of those
products listed on Exhibit A attached hereto and hereby made part of this Agreement (“Products”); 
  
 WHEREAS, Manufacturer has the capability to use its facilities and Purchaser’s Technical Information (as defined below) to manufacturer, store,
blend, fill and ship Products for Purchaser, and is willing to sell Products to Purchaser on the terms and conditions set forth herein; and 
  
 WHEREAS, Purchaser desires to retain Manufacturer as an independent contractor for the purpose of manufacturing, storing, blending, filling, shipping and
supplying Products as specified herein; 
  
 NOW, THEREFORE, for
and in consideration of the premises and the mutual promises contained herein, the parties hereto, intending to be legally bound, hereby agree as follows: 
  
 1. Production and Storage by Manufacturer: 
  
 (a) Manufacturer shall manufacture, blend, fill and store Products or other Products from time to time as agreed to in writing by the parties hereto
(which Products shall be added to Exhibit A hereto and shall thereafter be Products for all purposes of this Agreement), as specified in purchase orders submitted by Purchaser to Manufacturer and accepted in writing by Manufacturer. Purchaser agrees
to purchase from Manufacturer, during the term of this Agreement, 100% of its requirements for the Products. 

 (b) Manufacturer shall provide all raw materials, containers, and packaging supplies for Products. All
such raw materials, containers and packaging supplies meeting specifications supplied by Purchaser will be purchased by Manufacturer. 
  
 (c) Purchaser shall take title to Products at the time the same are delivered to the carrier for shipment to Purchaser or Purchaser’s customer. All
shipments of Product shall be F.O.B. Manufacturer’s plant or warehouse, whether owned or leased. 
  
 (d) Manufacturer agrees initially to warehouse for Purchaser a quantity of Products to be sold to Purchaser not exceeding a total of 50 (55 U.s.
gallons each) drums at any one time at its plant in Flint, Michigan. 
  
 (e) At the termination of this Agreement, Purchaser will purchase Manufacturer’s inventory of all raw and blended materials, containers and packaging supplies that Manufacturer has in its possession that are used exclusively in the
manufacture and shipment of Products. Manufacturer shall invoice Purchaser for such raw materials, containers and packaging supplies at cost and blended materials at their selling price to Purchaser. Within thirty (30) days following the termination
of this Agreement, Purchaser shall instruct Manufacturer to whom such raw materials, containers and packaging supplies, and any remaining blended goods shall be shipped at Purchaser’s expense F.O.B. Manufacturer’s plant or warehouse.

  
 2. Labeling and Packaging: 
  
 Labels, material safety data sheets and directions for packaging Products
shall be supplied by Purchaser prior to placing orders for any Product. Copies of all such materials shall be annexed hereto as Exhibit B. Such materials (and Exhibit B) may be amended from time to time by the written agreement of the parties
hereto. 
  
 Purchaser agrees that notwithstanding any review, creation, revision
or suggestion by Manufacturer, Purchaser alone shall be responsible for the accuracy or sufficiency of warnings or other information on such materials. All labels and material safety data sheets shall state that Purchaser is a member of Chemtrec,
and Purchaser shall, as a routine, provide current Product information and notification instructions to Chemtrec for use in emergency situations. 
  

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 3. Shipments: 
  
 Products sold and purchased hereunder shall be shipped at Purchaser’s expense to Purchaser’s designated delivery
points in accordance with Purchaser’s written shipping instructions, which shall include the quantity to be shipped, the destination, and the date upon which shipment is to be made. Product shall be shipped on such date provided that
Manufacturer receives such instructions at least three (3) days in advance thereof, provided, however that Purchaser shall have previously delivered a purchase order to Manufacturer to manufacture these Products at least thirty (30) days prior to
the date on which shipment is to be made. 
  
 4. Payment for
Products: 
  
 (a) The prices to be paid by Purchaser for
Products and all associated Services shall be set forth on Exhibit C attached hereto and hereby made part of this Agreement. 
  
 (b) Manufacturer shall invoice Purchaser as soon as practical after the shipment of Products to Purchaser or its customer, and Purchaser shall make
payment with thirty (30) days following date of invoice. 
  
 (c)
Purchaser shall pay Manufacturer, in addition to the purchase price, the amount of all taxes, excise and/or other charges (except taxes on or measured by Manufacturer’s net income) that Manufacturer may be required to pay to any governmental
entity or taxing authority (national, state or local) with respect to the production, use, transportation or sale of Products. Purchaser shall provide to Manufacturer a certificate of sales tax exemption on the appropriate form. 
  
 (d) Upon failure of Purchaser to make any payment when due pursuant to this
or any other agreement between the parties hereto, Manufacturer, without waiving any other remedies it may have against Purchaser, may terminate this Agreement or suspend further deliveries. 
  
 If, in the judgment of Manufacturer, Purchaser’s financial responsibility becomes
impaired, 
  

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 Manufacturer may refuse to deliver Products except upon receipt of cash or satisfactory security and Manufacture may
demand immediate payment in full for all Products theretofore delivered. For purposes of determining Purchaser’s impairment of financial responsibility, Manufacturer shall consider, among other things, Purchaser’s ability to pay its debts
generally as they become due, whether a final judgment for the payment of money in excess of $50,000 shall have been rendered against Purchaser, appointment of, or application for, a receiver for Purchaser, or if a proceeding under the bankruptcy or
insolvency laws is brought by, or against, Purchaser. 
  
 5.
Forecasts: 
  
 Purchaser shall provide Manufacturer with a
two-year forecast (attached hereto as Exhibit D and hereby made part of this Agreement) when it enters into a contract with one or more customers, and shall update such forecast from time to time as additional contracts are served. Purchaser will
also provide within thirty (30) days of each anniversary of this Agreement, a then current update of Purchaser’s projected gallon purchases. 
  
 6. Insurance: 
  
 Upon execution of this Agreement, Purchaser shall provide a Certificate of Insurance (attached hereto as Exhibit E) which evidences the following
coverages: 
  

			
	Comprehensive General Liability Including Bodily Injury and Property Damage Liability, Completed Operations and Products Liability	  	 $1,000,000
 Combined Single Limit

		
	Contractual Liability Underwriting The Indemnification and Hold Harmless Provisions of this Agreement.	  	 $1,000,000
 Combined Single Limit

		
	Workers’ Compensation Protecting Purchaser’s Employees as Required By Applicable State Law	  	Statutory
		
	Employer’s Liability	  	$100,000

  
 All policies of
insurance shall name Manufacturer as an additional insured, shall contain a waiver of subrogation clause, and shall only be cancelable on not less than thirty (30) days prior written notice to Manufacturer. 
  

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 7. Disclaimer of Warranties: 
  
 Manufacturer makes no warranty or representation of any kind, express or implied (INCLUDING NO WARRANTY OF MERCHANTABILITY
OR FITNESS OF PRODUCTS FOR ANY USE OR PURPOSE) concerning the Products, and none shall be implied by law, other than that all Products shall (upon delivery by Manufacturer) meet such specifications as shall have been mutually agreed upon in writing
by Manufacturer and Purchaser. 
  
 8. Limitation of Liability
and Remedies: 
  
 (a) Manufacturer shall not be liable, and
Purchaser waives all claims against Manufacturer, for prospective profits or special, indirect or consequential damages, whether or not based upon Manufacturer’s negligence or breach of warranty or strict liability in tort or any other cause of
action. Purchaser’s sole and exclusive remedy for any cause of action under this Agreement is a claim for damages, and in no event will damages or any other recovery of any kind against Manufacturer exceed the price of the specific Products
sold, or to be sold, and causing the alleged loss, damage or injury. 
  
 (b) Manufacturer shall have no liability to Purchaser for any claims arising directly or indirectly out of or in connection with this Agreement or any deliveries or sales of Products by Manufacturer to Purchaser unless Purchaser gives
Manufacturer notice of the claim (setting forth fully the facts on which it is based) within ninety (90) days after the date of delivery, sale or other transaction or occurrence giving rise to the claim. 
  
 9. Indemnification 
  
 Purchaser shall indemnify, defend and hold harmless the Manufacturer with
respect to and shall be solely responsible for any loss or damage in respect of, or arising out of, or in connection with Purchaser’s or Purchaser’s customers’ use or sale of Products, including without limitation, 
  
 (a) trademark, patent, trade dress, or copyright infringement or claim of
infringement arising out of the manufacture, use or sale of the Products, 
  
 (b) the manufacturer of the Products by Manufacturer, unless occasioned by the negligence of Manufacturer in the operation of its production facility, and 
  

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 (c) claims arising out of the accuracy or sufficiency of warnings or other information on labels,
material safety data sheets, or other literature, regardless of the cause of such loss or damage, and shall indemnify and hold Manufacturer harmless from any loss, liability, damage, cost or expense (including reasonable attorneys’ fees and
reasonable costs of investigation) in respect of, or arising out of, or in connection with any claims, suits, actions or proceedings for personal injury, death, property damage, economic loss, or any other damage (including civil and/or criminal
penalties), whether direct, indirect or consequential, which may be made or brought against Manufacturer or Purchaser (including claims, suits, actions or proceedings by any governmental agencies or bodies or by employees or agents of Manufacturer
or Purchaser) notwithstanding the theory, rule or doctrine of liability. Purchaser shall, at Manufacturers’ election, assume the defense (including the employment of counsel satisfactory to Manufacturer for any such claim, suit, action or
proceeding against Manufacturer) at Purchaser’s expense or shall cooperate, at Purchaser’s expense, with Manufacturer in Manufacturer’s defense of such claim, suit, action or proceeding. Manufacturer and Purchaser shall each provide
to the other, prompt written notice of any such claims, suits, actions or proceedings. 
  
 10. Force Majeure: 
  
 Neither Purchaser nor Manufacturer will be liable for non-performance or delay in performance (other than the payment of money) due wholly or partly to any cause not in its control or not avoidable by reasonable diligence. Upon the
occurrence of any such contingency, the party so affected may suspend or reduce performance during the period of such contingency, and the Products to be delivered under this Agreement will be reduced by the quantities so omitted. The following,
while not an exclusive listing, will not be considered within a party’s control or avoidable by reasonable diligence: acts of God; war; riot; labor controversies; court decrees; inability to use the full capacity of plants or facilities as a
result of governmental action, machinery malfunctions or breakdowns; and inability to obtain fuel, power, material necessary to produce the Products, labor, containers or transportation facilities, without litigation or the payment of penalties or
unreasonable prices, or the acceptance of unreasonable terms and conditions. 
  

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 11. Technical Information: 
  
 (a) As used herein, “Technical Information” shall mean any documents containing design and technical information,
data, drawings, plans, specifications, processes, trade secrets, reports and any and all other material and matter owned by Purchaser, or developed by Manufacturer, and applicable to the manufacture of Products. All written disclosures of Technical
Information shall bear the notation “Confidential”. Any non-written disclosures shall be confirmed in writing within thirty (30) days of initial disclosure. 
  
 (b) All Technical Information shall remain the property of the originating party. Neither the Manufacturer nor Purchaser
shall obtain any rights of any kind in Technical Information owned by the other party by reason of this Agreement. 
  
 (c) Manufacturer, or Purchaser, shall, during the term of this Agreement and thereafter, treat all Technical Information received from the other as
confidential regardless of when transmitted; use such Technical Information only for the purpose of producing Products for Purchaser and for no other purpose, except as required by law; limit access to Technical Information to those of its officers
and employees reasonably requiring same for the purpose aforesaid; and require such officers and employees given access to Technical Information to sign a written binder of secrecy and limited use comparable in scope and duration to that herein set
forth. 
  
 (d) The foregoing obligations of confidentiality and
non-use shall not apply to: 
  
 (1) information known to
Manufacturer prior to the date of its disclosure by Purchaser, as evidenced by written records of Manufacturer, and not subject to a prior obligation of confidentiality and non-use between Purchaser and Manufacturer; 
  
 (2) information which is or becomes public or available to the general
public otherwise than through Manufacturer or its employees; or 
  

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 (3) information obtained subsequent to disclosure by Purchaser from a third party who is lawfully in
possession of same and which information is not subject to a confidential or non-use obligation owed to Purchaser. 
  
 Any combination of features relating to Technical Information shall not be deemed to be within the foregoing exceptions merely because individual features
are in the public domain or in the possession of Manufacturer, but shall be deemed to be within the foregoing exceptions only if the combination itself and its principle of operation are in the public domain or in the possession of the Manufacturer.

  
 12. Term: 
  
 This Agreement shall become effective as of the 23rd day of
October, 2002, and shall continue in effect until the 23rd day of October, 2007 unless sooner terminated as provided herein. This Agreement shall be automatically renewed from year to year thereafter unless cancelled by either party with ninety (90) days written notice, prior to the
then scheduled termination date. 
  
 13.
Termination: 
  
 (a) This Agreement may be terminated by
either party on ten (10) days prior notice to the other party in the event such other party becomes insolvent or files a petition of bankruptcy or a petition of bankruptcy is filed against such other party and is not dismissed within ninety (90)
days. 
  
 (b) This Agreement may be terminated by either party on
sixty (60) days prior written notice in the event of a material default by the other party in performing its obligations as stated in this Agreement if the party in default has not cured such default within such sixty (60) days of notice of such
default. 
  
 (c) Exercise of or failure to exercise any
termination right specified in subparagraphs (a) or (b) hereof shall not prejudice any other right which a party may have at law or in equity. 
  

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 (d) Either party on ninety (90) days prior written notice to the other party may terminate this Agreement
without any cause whatsoever. 
  
 14. No Waiver:

  
 The failure of either party to insist, in any one or more
instances upon a strict performance of any of the terms or conditions of this Agreement, or the waiver by either party of any term, condition or right hereunder, or of any default by the other party, shall not be deemed or construed to be a waiver
by such party of any such term, condition, right or default in any other instance. 
  
 15. Notices: 
  
 Any
notice pursuant to the Agreement shall be deemed to have been duly given when enclosed in a properly sealed envelope or wrapper and mailed by registered or certified mail, return receipt requested, and addressed to: 
  
 If to Purchaser: 
 Polar Molecular Corporation 
 4600 S. Ulster
Street, Suite 940 
 Denver CO 80237 
 Attention: President 
  
 If to Manufacturer: 
 Lockhart Chemical Company 
 2873 West Hardies
Road 
 Gibsonia, Pennsylvania 15044 
 Attention: President 
  
 Either party may change its
address for receiving notices by giving written notice of such change to the other party hereto. 
  
 16. Assignment: 
  
 This Agreement shall not be assignable by either Manufacturer or Purchaser without written consent. Any assignment or purported assignment in violation of
this paragraph shall be deemed void and of no effect. 
  

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 17. Effect: 
  
 This Agreement shall be binding upon and shall inure to the benefit of the parties hereto, their respective successors and
permitted assigns. 
  
 18. Entire Agreement: Amendments:

  
 This document constitutes the entire Agreement between the
parties relating to the subject matter hereof, and no prior or concurrent representation, understanding or agreement, whether written or oral, shall bind either party hereto in respect of the manufacture of Products by Manufacturer. This Agreement
may be amended only by a written instrument properly signed by authorized representatives of both parties. No document used in connection with estimates, production or shipping orders, or acknowledgment thereof, shall amend, modify, revoke or
otherwise affect the provisions of this Agreement. 
  
 19.
Severability and Enforcement: 
  
 In the
event that any one or more of the provisions of this Agreement are held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provision shall not be affected or impaired thereby. 
  
 20. Governing Law: Section Headings: 
  
 This Agreement shall be governed by and construed in accordance with the
laws of the state of Colorado applicable to agreements executed and to be performed therein. The section headings contained in this Agreement are for referenced purposes only, and shall not affect in any way the meaning or interpretation of this
Agreement. 
  

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 IN WITNESS WHEREOF, this Agreement is executed in duplicate as of the date first set forth above. 
  

			
	POLAR MOLECULAR CORPORATION
		
	 By:
	 	   /s/ Mark L. Nelson

	 	 	 Signature

		
	 	 	   Mark L. Nelson

	 	 	 Printed Name

		
	 	 	   President - CEO

	 	 	 Title

	
	AND
	
	LOCKHART CHEMICAL COMPANY
		
	 By:
	 	   /s/ T. J. Gillespie, Jr.

	 	 	 Signature

		
	 	 	   T. J. Gillespie, Jr.

	 	 	 Printed Name

		
	 	 	   Chairman, President and CEO

	 	 	 Title

  

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 EXHIBIT A 
  

List of Products and Container Sizes 
  

			
	 Polar Molecular Corporation Designation

	  	Lockhart Chemical Company Designation

	 DurAlt® CFC II
	  	901P
		
	 DurAlt® CFC III
	  	903P
		
	 DurAlt® Fuel Conditioner
	  	907P
		
	 DurAlt® H/D Fuel Conditioner
	  	909P
		
	 DurAlt® Commercial Fuel Conditioner
	  	913P
		
	 DurAlt® Winter Fuel Conditioner
	  	919P
		
	 DurAlt® II Winter Fuel Conditioner
	  	927P
		
	 DurAlt® Fuel Stabilizer
	  	933P
		
	 DurAlt® Residual Fuel Conditioner
	  	935P

  
 Container Sizes

  
 55 gallon lined drums bulk tankers 
  

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 EXHIBIT B 
  

Labels. Material Safety Data Sheets. Directions for Packaging Products 
  

Purchaser will provide labels prior to placing orders. 
  
 Purchaser will ensure that Material Safety Data Sheets (MSDS) and directions for packaging and shipping products are current at the time of placing orders. 
  

 13TotalFinaElf Additives Joint Marketing Agreement

 MARKETING AGREEMENT 
  
 This Marketing Agreement (this “Agreement”) is made as of this 11 day of September, 2001 (the “Effective
Date”) between POLAR MOLECULAR CORPORATION, a Delaware corporation having its principal place of business at 4600 S. Ulster Street, Suite 700, Denver, Colorado 80237, USA, (“PMC”), and ELF ANTAR FRANCE, a French corporation having its
principal place of business at 24, cours MICHELET, 92800 PUTEAUX, FRANCE (“ELF”) 
  
 RECITALS 
  

	A.	PMC has developed and is currently marketing the Duralt® FC additive technology for gasoline and diesel fuel which is designed to reduce octane requirement increase and combustion chamber deposits in gasoline
engines, to act as a substitute for lead in gasoline, and to improve combustion in diesel fuels. The Duralt® FC additive technology, together with all improvements thereto, now existing or hereinafter made or acquired by PMC are herein called the “PMC Additive technology”.

  

	B.	ELF has developed gasoline and diesel fuel detergent additives and multipurpose package technology for the global gasoline and diesel fuel market. Such existing ELF additive and
package technology, together with all improvements thereto, now existing or hereinafter made or acquired by ELF are herein called the “ELF Additive Technology”. 

  

	C.	PMC and ELF desire to share their technology to formulate gasoline and diesel additive packages to address the needs of certain customers who desire a combined technology consisting
of a combination of PMC Additive Technology and the Elf Additive Technology (the “Combined Technology”) and to use their joint efforts to market the Combined Technology to such customers. 

  

	D.	To accomplish the foregoing, each of PMC and ELF desire to make available to the other party their respective databases of information regarding the chemical properties and
performance of each of their respective Additive Technology. 

  
 AGREEMENT 
  
 In consideration of the
foregoing and the mutual promises contained herein, the parties agree as follows: 
  
 1. PURPOSE OF THE AGREEMENT 
  
 The parties have identified a set
of potential customers with which the parties have existing relationships that are potential customers for the Combined Additives and have already achieved technical results relative to the Combined Additives. Appendix 1 lists the potential
customers thus far identified by the parties. ELF shall have the initial responsibility, with the participation of PMC, for mixing and testing the Combined Additives in Elf’s research center in Solaize. The “Purposes” of this
Agreement shall refer to each of the purposes and goals set forth in this Section 1 and the other provisions of this Agreement. In order to further the Purposes of this Agreement, PMC hereby agrees to seek support from each of U.S. automakers, U.S.
oil companies, private environmental organizations, the U.S. Environmental Protection Agency, and the California Air Resources Board to demonstrate the benefits of the Combined Additive Technology including octane requirement increase in the U.S.
market. 
  

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 2. POTENTIAL CUSTOMERS AND MARKETING EFFORTS 
  
 This Agreement shall apply to the marketing and sales efforts of the parties to their respective potential customers with respect to the
Combined Technology. 
  

	(a)	Potential customers. PMC will be exclusively in charge of the potential customers located in North and South America and ELF will be exclusively in charge of the potential
customers located in Europe, Asia and Africa for the marketing and sales of Combined Technology. Nothing in this Agreement shall limit PMC’s ability to market and sell the PMC Additive Technology (other than as part of the Combined Technology)
or ELF’s ability to market and sell the ELF Additive Technology (other than as part of the Combined Technology) to any customer or potential customer wherever located. 

  

	(b)	Development. ELF and PMC will share primary responsibility for the development of marketing to their respective potential customers. To this end the parties will make use of
their respective databases, technical information regarding the Additives and their Intellectual Property related to their respective Additives, and each party shall provide the other party with any marketing and technical support reasonably
requested by such other party in furtherance of the marketing plan. Specific laboratory tests including engine bench or road test required by potential customers will be directly paid by the party in charge of the potential customers as mentioned
here above. The parties shall consult with each other on a regular basis concerning the development and implementation of the marketing plan and shall have the primary responsibility to implement each portion of the marketing plan with respect to
each potential customer, and any material modifications thereof, shall be subject to review and approval of each party. 

  

	(c)	Performance Testing. In order to secure the potential customers’ acceptance of the Combined Additives, all performance testing of Additives to be marketed pursuant
hereto will be primarily provided in the ELF research center of Solaize by ELF if the tests are available at the facility. The cost of these tests shall be borne by the Party in charge of the potential customer as here above described and will be
included free of charge to the technical databases relative to the Combined Additive. 

  

	(d)	Additives Sales. Each party will be totally in charge of its customers inside its respective geographic area as described in Section 2(a) and will manufacture the Combined
Additive in its existing manufacturing plants or contract partner plants. The other party will transfer its respective Additive with the transfer price as described in Appendix 2 (the “Transfer Price”). Remuneration of the other party will
be only based on the sales margin included in the Transfer Price. 

  

	(e)	Supply of additives. Each party shall supply its Additives to the extent necessary to supply other party’s customers and to manufacture the Combined Additives to supply
its customers. The Additives may be supplied directly to the other party or a third party contract manufacturer for blending into the Combined Additives. The additives supplied by each party shall be of the usual and customary commercial quality as
described in Appendix 3. The parties shall mutually agree upon the most economic logistics for supplying additives to the other party, including the shipping terms for delivery, points of delivery, title and risk transfer, insurance, payment,
credit, and other terms and arrangements as necessary to supply each customer in the most economical manner. ELF acknowledges that PMC currently manufactures its Additives using a third party contract manufacturer and the parties shall cooperate to
coordinate the timing, utilization and location of such manufacturing to facilitate most efficiency and economically servicing each potential customer’s needs. PMC also acknowledges that ELF currently manufactures its Additives using a third
party contract manufacturers which is an ELF subsidiary and the parties shall cooperate to coordinate the timing, utilization and location of such manufacturing to facilitate most efficiency and economically servicing each customer’s needs.

  

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 3. COSTS 
  
 Except as expressly set forth in this Agreement or as otherwise agreed to by the parties in writing, the parties shall not engage in any form of sharing of costs,
expenses or losses, and unless expressly stated herein, nothing in this Agreement shall require a party to provide reimbursement or financial assistance to the other party. 
  
 4. INTELLECTUAL PROPERTY 
  
 (a) PMC Intellectual Property and ELF Intellectual Property. During the Term of this Agreement, subject to the terms and conditions hereof, PMC
hereby grants to ELF, and ELF hereby grants to PMC, a non-exclusive, non-transferable right to use PMC Intellectual Property and ELF Intellectual Property, respectively, for mixing of Additives into Combined Additives, and for marketing and sales of
Additives to the customers, it being understood that this right shall automatically be revoked in the event of any non-permitted use that continues for a period of 30 days after the applicable party gives written notice of such non-permitted use to
the offending party. For purposes of this Agreement, “Intellectual Property” shall mean, wherever registered or perfected, any and all (i) trademarks, service marks, trade names, logos, business and product names, slogans, and
registrations and applications for registration thereof; (ii) works in which copyright may be claimed, and registrations and applications for registration thereof; (iii) patents, patent applications, ideas or inventions (whether patentable or not),
processes, designs, formulae, ideas, trade secrets, know how, confidential and technical information, product specifications and other technical, business, financial, customer and product development plans, forecasts, strategies, and confidential
business information; and (iv) intellectual property rights similar to any of the foregoing; that the respective party owns or has a right to pursuant to license, sublicense, agreement, or permission or otherwise. 
  
 (b) Limitation of Rights. Unless as otherwise agreed in writing by the
parties, neither party shall assign, transfer or otherwise permit any person to use the rights granted herein to the Intellectual Property of the other party without the prior written consent of the other party. The parties agree that all goods or
services promoted and/or rendered under either of the PMC Intellectual Property or the ELF Intellectual Property will be of a nature and quality conforming to standards approved by PMC or ELF, respectively, and that PMC and ELF shall have the right
to do all things reasonably necessary to insure the adequacy of the nature and quality of such goods and services. The parties shall use the registered marks of the other party only for the goods and services for which they have been registered and
the unregistered marks and other Intellectual Property of the other party only for the goods, services and locations for which they have been used in accordance with past practice. 
  
 (c) Trademark Benefit. The parties agree that all use of the other party’s marks and other Intellectual
Property, and all goodwill arising from such use, will inure to the benefit of the party owning such marks or Intellectual Property; provided, however, that nothing set forth herein shall diminish the rights of the party owning such marks or
Intellectual Property, and all goodwill arising from such use, in and to such Intellectual Property. 
  
 (d) Ownership of Intellectual Property. Neither party, by virtue of this Agreement or any of its activities hereunder, shall obtain any ownership
interest in or title to the Intellectual Property or Additives (including all Improvements thereto) of the other party. 
  
 (e) Enforcement and Protection of Intellectual Property. Each party shall have the sole and exclusive right, with the other party’s reasonable
cooperation, to pursue protection for its Intellectual Property and to enforce its rights in its Additives against third party infringers. The expenses of any such enforcement, including legal proceedings relating thereto, shall be paid by the party
that is asserting such right and any and all recoveries from a lawsuit or settlement shall be the property of such party. Each party agrees to notify the other party promptly of any suspected infringement of the other party’s Intellectual
Property which may come to its attention and further agrees to assist the party that owns the Intellectual Property, at such party’s request, in any lawsuit or any other dispute involving such party’s Intellectual Property. 
  

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 5. REPRESENTATIONS AND WARRANTIES OF PMC 
  
 (a) Authority. PMC has the corporate power and authority to execute, deliver and perform its obligations under this
Agreement, and upon execution and delivery by the parties, this Agreement shall constitute the valid and binding agreement of PMC, enforceable in accordance with its terms. 
  
 (b) No Breaches. The execution and delivery’ of this Agreement and the consummation of the transactions
contemplated hereunder, shall not result in the breach of, or give rise to cause for termination of any material contract to which PMC is a party, or, to PMC’s knowledge, which otherwise relates to the Additives and services defined in this
Agreement. 
  
 (c) PMC Warranties. PMC warrants to ELF that
it shall: (i) conduct its business in a manner that reflects favorably at all times on the parties’ Additives or services and the good name, goodwill and reputation of ELF; (ii) avoid deceptive, misleading or unethical practices that are
detrimental to ELF or the parties’ Additives or services; (iii) make no false or misleading representations with regard to ELF or the parties’ Additives and services; and (iv) not publish or employ or co-operate in the publication or
employment of any misleading or deceptive advertising material. 
  
 (d) PMC Intellectual Property. To the knowledge of PMC, the PMC Intellectual Property does not violate any patent, copyright, trade secret or other proprietary right of any third party and no additional third party permissions or
licenses will be required for the development, manufacture, sale and distribution of the Additives or services using the PMC Intellectual Property; provided, however, that no representation or warranty is made by PMC with respect to Additives or
services that combine the PMC Intellectual Property with other technology or services when the PMC Intellectual Property without such combination would not violate any such right. PMC has the right to grant to ELF the right to use the PMC
Intellectual Property as set forth in Section 4. 
  
 (e)
Disclaimer of other Warranties. EXCEPT AS PROVIDED IN THIS SECTION 6, PMC IS NOT MAKING ANY REPRESENTATIONS OR WARRANTY WITH RESPECT TO THE PMC INTELLECTUAL PROPERTY, OR THE PMC ADDITIVES OR ADDITIVES, OR ANY OTHER ADDITIVES DESIGNED OR
MANUFACTURED BY OR FOR PMC FOR SALE PURSUANT THERETO, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT. 
  
 (f) Compliance with Laws. PMC (i) has complied with and is in
compliance, in all material respects, with all federal, state and local statutes, laws, ordinances, regulations, rules, judgments, orders and decrees applicable to it and its assets, business and operations and (ii) has not received written notice
of any claim of, and is not otherwise aware of any, default under or violation of any statute, law, ordinance, regulation, rule, judgment, order or decree except for such default or violation, if any, which individually or in the aggregate, does not
and will not materially and adversely affect the property, operations, results of operations, financial condition or prospects of PMC. 
  
 6. REPRESENTATIONS AND WARRANTIES OF ELF 
  
 (a) Authority. ELF has the corporate power and authority to execute, deliver and perform its obligations under this Agreement, and upon execution
and delivery by the parties, this Agreement shall constitute the valid and binding agreement of ELF, enforceable in accordance with its terms. 
  
 (b) No Breaches. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereunder, shall not result in
the breach of, or give rise to cause for termination of any material contract to which ELF is a party, or, to ELF’s knowledge, which otherwise relates to ELF’s Additives or services or any of ELF’s Intellectual Property relating to
ELF’s Additives or services. 
  

 4 

 (c) ELF Warranties. ELF warrants to PMC that it shall: (i) conduct its business in a manner that
reflects favorably at all times on the parties’ Additives or services, and the good name, goodwill and reputation of PMC; (ii) avoid deceptive, misleading or unethical practices that are detrimental to PMC or the parties’ Additives or
services; (iii) make no false or misleading representations with regard to PMC or the parties’ Additives or services; and (iv) not publish or employ or co-operate in the publication or employment of any misleading or deceptive advertising
material. 
  
 (d) ELF Intellectual Property. To the
knowledge of ELF, the ELF Intellectual Property does not violate any patent, copyright, trade secret or other similar proprietary right of any third party and no additional third party permissions or licenses will be required for the development,
manufacture, sale and distribution of the Additives or services using the ELF Intellectual Property; provided, however, that no representation or warranty is made by ELF with respect to Additives or services that combine the ELF Intellectual
Property with other technology or services when the ELF Intellectual Property without such combination would not violate any such right. ELF has the right to grant to PMC the right to use the ELF Intellectual Property as set forth in Section 4.

  
 (e) Disclaimer of other Warranties. EXCEPT AS PROVIDED
IN THIS SECTION 7, ELF IS NOT MAKING ANY REPRESENTATIONS OR WARRANTY WITH RESPECT TO THE ELF INTELLECTUAL PROPERTY, THE ELF ADDITIVES OR ADDITIVES OR ANY OTHER ADDITIVES DESIGNED OR MANUFACTURED BY OR FOR ELF FOR SALE PURSUANT HERETO, EXPRESS OR
IMPLIED, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT. 
  
 (f) Compliance with Laws. ELF (i) has complied with and is in compliance, in all material respects, with all federal, state, provincial,
territorial and local statutes, laws, ordinances, regulations, rules, judgments, orders and decrees applicable to it and its assets, business and operations and (ii) has not received written notice of any claim of, and is not otherwise aware of any,
default under or violation of any statute, law, ordinance, regulation, rule, judgment, order or decree except for such default or violation, if any, which individually or in the aggregate, does not and will not materially and adversely affect the
property, operations, results of operations, financial condition or prospects of ELF. 
  
 7. INDEMNIFICATION 
  
 (a) Indemnity. Each
party agrees to defend, indemnify, save and hold harmless the other party its employees, agents, officers, members, managers, directors, shareholders, partners and affiliates, from and against any and all claims, demands, causes of action, or
liability for damages, loss or injuries, including reasonable attorneys’ and experts’ fees, which arise out of the breach of any representation, warranty, covenant or agreement of such party under this Agreement or from any failure of such
party to perform its obligations under this Agreement. 
  
 (b)
Limitation of Damages. IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER PARTY FOR ANY LOST OR PROSPECTIVE PROFITS OR ANY OTHER SPECIAL, PUNITIVE, EXEMPLARY, CONSEQUENTIAL, INCIDENTAL OR INDIRECT LOSSES OR DAMAGES (IN TORT, CONTACT, OR
OTHERWISE) UNDER OR IN RESPECT OF THIS AGREEMENT OR ANY FAILURE OF PERFORMANCE RELATED HERETO, HOWSOEVER CAUSED, WHETHER OR NOT ARISING FROM THAT PARTY’S SOLE, JOINT OR CONCURRENT NEGLIGENCE, except to the extent that such losses or damages are
payable by a party to a third person in connection with a claim by such third person that is covered by Section 7(a). 
  
 8. TERM AND TERMINATION 
  
 (a) Term. Subject to Section 8, unless earlier terminated pursuant to any other provision hereof, the initial term of this Agreement shall be for a
period of time commencing on the Effective Date and terminating on a date that is five (5) years following the Effective Date (the “Initial Term”). After the Initial Term, the Agreement shall be extended automatically for successive three
(3) year periods unless either party gives notice of non-renewal no later than 90 days prior to the termination of the Initial Term or any successive three (3) year period (the Initial Term and any extension thereof, being the “Term”).

  

 5 

 (b) Continuation of Additive Supply. Notwithstanding a termination of this Agreement as provided
in Section 8(a), this Agreement shall continue in full force and effect with respect to continuing sales of Additives (as the same, together with any improvements, existed at the date of termination pursuant to Section 9(a)) to any customer which
was an active customer being serviced under this Agreement in the year in which the date of such termination occurs. Such extension of this Agreement shall continue for so long as such customer continues purchasing Additives (as limited above) and
such Additive Sales are economic to the parties; provided that such extension shall not exceed 20 years. 
  
 (c) Termination for Breach. Either party may cancel this Agreement at any time, without liability and without prejudice to any other right or claim
arising under this Agreement, if the other party materially breaches this Agreement or fails to perform any of its material obligations under this Agreement. The party seeking to terminate shall give the other party written notice of that
party’s breach and/or non-performance, and the party receiving the notice shall have thirty (30) days to correct the breach. If the breaching party fails to correct the breach within thirty (30) days, the non-breaching party may deliver a
written termination notice (a “Termination Notice”) to the breaching party, indicating a date certain that is no fewer than three (3) business days from the date that the Termination Notice is delivered to the breaching party. The
Agreement shall be deemed to have been terminated as of the date specified by the non-breaching party in the Termination Notice, unless the parties hereto execute a written waiver of the breach or breaches of this Agreement. 
  
 9. SHARING OF INFORMATION AND CONFIDENTIALITY; 
  
 (a) Pursuant to this Agreement and previous dealings, each party may learn
Confidential Information of the other party, including without limitation information concerning the Additives of the other party. Each party agrees not to disclose to any third party any Confidential Information of the other party, except as
follows: 
  
 (i) to the extent that disclosure to a third party
is required by applicable law or regulation; 
  
 (ii) to the
extent disclosure is necessary or advisable, to its employees, contractors, consultants or advisors, or to its affiliates or their employees, consultants or advisors, in each case for the purpose of carrying out their duties hereunder; 

 
 (iii) with respect to disclosures by a party to banks, financial
institutions or agencies, investment advisors employed by a party, or third party lenders, to the extent disclosure is necessary or advisable to seek or obtain financing, or to its independent accountants or legal counsel; 
  
 (iv) with respect to disclosures by a party to potential investors in such
party or potential purchasers of such party; 
  
 (v) to the
extent reasonably necessary, disclosure to third parties to enforce this Agreement; 
  
 (vi) to the extent reasonably necessary, disclosures by a party to a contract manufacturer of Additives; or 
  
 (vii) as agreed between the Parties; 
  
 provided, however, that in each case of third party disclosure pursuant to (ii), (iii), (iv), (vi) or (vii), the party making the third-party disclosures shall first
require the third party to sign a written confidentiality agreement requiring confidentiality obligations of the third party concerning the disclosed Confidential Information commensurate in scope with the obligations of the parties under this
Section 10, except that further disclosures by the third party of a nature as provided in (iii), (iv), (vi) or (vii) above shall not be permitted. The obligation of each party not to disclose Confidential Information of the other party except as
provided herein shall survive the termination of this Agreement. 
  

 6 

 (b) Each party agrees that it will use the Confidential Information of the other party solely in
furtherance of this Agreement and for the Purposes, and for no other purpose or advantage. Each party agrees that it will not attempt to analyze or otherwise determine the chemical composition of the Additives of the other party and that it will not
manufacture or sell any of the other party’s Additives (i) to any of the potential customers other than as provided in this Agreement or (ii) to any other person. This provision will survive the termination of this Agreement. Notwithstanding
anything herein, Confidential Information concerning third parties, shall cease to be Confidential Information, insofar as it pertains to such third parties, when and to the extent that neither party has any obligations to such third party arising
hereunder. 
  
 (c) For purposes of this Agreement,
“Confidential Information” of a party shall mean all information disclosed by such party to the other party concerning the business, finances and operations of the disclosing party, the disclosing party’s Additives, Intellectual
Property, or the disclosing party’s costs; provided, however, “Confidential Information” shall not include information which is (i) in the public domain or generally known or accessible; (ii) received by the relevant party from a
third person who is not under a duty of confidentiality with respect to such information, (iii) independently developed by the relevant party; or (iv) previously known to the relevant party prior to the disclosure by the other party. 
  
 10. RELATIONSHIP OF PARTIES 
  
 (a) This Agreement shall not be construed as creating any partnership, joint
venture, association or other entity. It is the intent of the parties that the relationship is solely that of parties with contractual commitments to one another as expressly set forth in this Agreement; that their rights and obligations with
respect to one another will be solely those expressed in this Agreement; that neither party shall be the agent of the other for any purpose under this Agreement; and that the liabilities and obligations of the parties incurred in connection with
this Agreement shall be separate. 
  
 (b) The joint marketing
arrangement provided for by this Agreement shall be specifically limited to Additive Sales to the potential customers. Each party and its affiliates shall have the right independently to engage in and receive full benefits from any business activity
including, without limitation, the marketing and sale of its Additives (and any Improvements thereto) to any person other than the potential customers. 
  
 11. GOVERNING LAW 
  
 Governing Law. THIS AGREEMENT AND ANY DOCUMENTS OR AGREEMENTS ANCILLARY HERETO SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE
SUBSTANTIVE LAWS OF FRANCE WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW. 
  
 12. DISPUTE RESOLUTION 
  
 (a) ICC
Arbitration. All disputes arising out of or in connection with this Agreement and relating to the parties’ rights and obligations in connection with this Agreement, including without limitation the validity of this arbitration agreement and
the arbitrability of the issues submitted to arbitration hereunder, shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce (the “Rules”). 
  
 (b) For all disputes involving a claim in excess of $1,000,000, the
arbitration hereunder shall be by three independent and impartial arbitrators. PMC and ELF shall each appoint one arbitrator within 30 days after the Request for Arbitration has been delivered to the Secretariat and the two arbitrators so appointed
shall select a third arbitrator within 60 days after the Request for Arbitration has been delivered to the Secretariat. In the event that the parties hereto or the arbitrators fail to select arbitrators as required above, the ICC shall select such
arbitrators in accordance herewith. 
  

 7 

 (c) For all disputes involving a claim for less than $1,000,000, the arbitration hereunder shall be
conducted by a single independent and impartial arbitrator to be appointed by the ICC. Unless as otherwise required hereunder for a particular dispute, the ICC shall appoint an independent arbitrator that is generally familiar with the gasoline and
refined Additives market and preferably has no fewer than ten years of practical experience in the relevant field of the gasoline and refined Additives market that is implicated by the dispute in issue in accordance herewith. No more than 30 days
after the Request for Arbitration has been delivered to the Secretariat, the ICC shall submit a list of at least five potential arbitrators to each of PMC and ELF. PMC and ELF shall have a period of no more than 15 business days in which to register
objections to any of the proposed arbitrators based upon lack of independence, lack of qualification or any other material factor which would substantially impair such arbitrators effectiveness for the dispute in issue. The ICC shall then consider
such objections, if any, and shall then appoint a sole arbitrator no more than 90 days after the Request for Arbitration has been delivered to the Secretariat. PMC and ELF each hereby agree that such appointment by the ICC shall be final and
binding. 
  
 (d) The arbitration shall be conducted in the English
language at a site to be agreed upon by the parties or, if the parties cannot agree, in Denver, Colorado. All disputes arising out of or in connection with this Agreement and relating to the parties’ rights and obligations in connection with
this Agreement (including without limitation the validity of this arbitration agreement, the arbitrability of the issues submitted to arbitration hereunder, the existence and validity of the Agreement, and any conflict of laws issues arising in
connection with the Agreement and/or this arbitration agreement) shall be governed by and interpreted in accordance with the laws of France. In addition, where the Rules are silent, the proceedings before the Arbitral Tribunal (as defined in the
Rules) shall be governed by the procedural rules of the courts of France. 
  
 13. MISCELLANEOUS 
  
 (a) Force Majeure.
Other than obligations to make payments hereunder, the fulfillment of any obligation under this Agreement is subject to strikes, lockouts, accidents, fires, floods, or other acts of God, embargoes, government actions, or any other cause beyond the
control of either party; provided that the affected party shall promptly notify the other party of the occurrence of any such event and the affected party shall use its reasonable commercial efforts to overcome the event of force majeure, provided
neither party shall be obligated to settle any labor dispute on terms not satisfactory to such party in its sole discretion. If a party is prevented from fulfilling its obligations under this Agreement because of such a force majeure event for a
period of 120 days or more, the other party may at any time thereafter terminate this Agreement by written notice to the affected party, without any further obligation (except for the obligations surviving termination as provided in Section 13(g)).

  
 (b) Compliance with Laws. Each party will comply with
all applicable U.S., French or other laws applicable to their respective activities under this Agreement. 
  
 (c) Notice. When written notice is required by this Agreement, it shall be sent by certified mail, courier, overnight delivery service, facsimile
or by such other method as will permit the sender to verify delivery, to the addresses set forth below: 
  
 For PMC: 
  
 Polar Molecular Corporation 
 4600 S. Ulster
Street, Suite 700 
 Denver, Colorado 80237 
 U.S.A. 
 Attention: Mark L. Nelson 
 Facsimile: 303-804-0908 
  

 8 

 For ELF: 
  
 ELF ANTAR FRANCE 
 Centre de Recherche

 B.P. 22, 69360 
 Solaize,
France 
 Attention: Alain J. Faure 
 Facsimile: 33-4-78-02-6086 
  
 Written notice may also be sent by
facsimile to the numbers listed above, but such notice shall not be effective unless the sender receives confirmation of receipt of the facsimile. Notice shall be deemed received when actually delivered to the recipient. The addresses and
transmittal numbers set forth above can be changed only by written notice which complies with the requirements of this Section 13(c). 
  
 (d) Assignment. This Agreement, and any rights and obligations hereunder, shall not be transferred, conveyed, assigned or otherwise disposed of in
whole or in part by either party, by operation of law or otherwise, without the prior written consent of the other party. 
  
 (e) No Waiver. Any failure of either party to enforce at any time any of the provisions of this Agreement, or any rights or remedies with respect
thereto, or to exercise any election herein provided, shall not constitute a waiver of any such provision, right, remedy or election or in any way affect the validity thereof or of this Agreement. The exercise by either party of any of its rights,
remedies or elections under the terms of this Agreement shall not preclude or prejudice such party’s right to exercise at any other time the same or any other right, remedy or election it may have under this Agreement. The rights of termination
provided herein are in addition to any other right, remedy or election a party may have hereunder or at law or in equity, including the right to sue for breach without terminating this Agreement. In the event of breach of any of the proprietary
rights or interests, the non-breaching party shall be entitled to pursue all appropriate legal and equitable relief and shall be entitled to recover, in addition to any other relief granted, reasonable attorney fees and expenses of litigation. In
the event there is any type of purchase order or other commercial transaction agreement, in the event of conflict, the terms of this Agreement shall prevail. 
  
 (f) Entire Agreement: Amendment. This Agreement embodies the entire understanding between the parties with respect to the subject matter hereof and
supersedes any prior or contemporaneous representations or warranties between the parties relating hereto. No modification or amendment to this Agreement or any of its provisions shall be binding unless contained in writing signed by both parties.

  
 (g) Governing Document. The original English version of
this Agreement is the governing version of this Agreement between ELF and PMC. The French translation of this Agreement is intended as a communication aid between ELF and PMC, but does not in any manner replace or supercede the original English
version of this Agreement. Any discrepancies between the original English version of this Agreement and the French translation of this Agreement shall be resolved in favor of the original English version of this Agreement. 
  
 (h) Survival. The obligations with respect to intellectual property
ownership under Section 5, the confidentiality obligations under Section 9, the indemnification and the limitation on damages under Section 7 (including the indemnification for any breach of the Agreement occurring prior to the date of termination)
shall survive any termination of this Agreement. 
  
 (i)
Severability. The invalidity or unenforceability of any portion of this Agreement shall not effect the validity or enforceability of the remainder thereof. 
  
 (j) Headings. The headings to the sections of this Agreement are solely for convenience of reference, and they shall
not govern, limit or aid in the interpretation of any terms or provisions of this Agreement. 
  

 9 

 (k) Publicity. The parties will consult with each other and will mutually agree upon any press
releases or public announcements pertaining to the transactions contemplated by this Agreement and shall not issue any press releases or make any such public announcements prior to such consultation and agreement, except as may be required by
applicable law or by obligations pursuant to any agreement with any national securities exchange or automated quotation system, in which case the party proposing to issue such press release or make such public announcement shall use its reasonable
efforts to consult in good faith with the other party before issuing any such press releases or making any such public announcements. 
  
 [Signature Page Follows] 
  

 10 

 IN WITNESS WHEREOF, the undersigned parties have each set their hand to be effective as of the date first
set forth above. 
  

	
	POLAR MOLECULAR CORPORATION
	
	 By: /s/ Mark L. Nelson

	 Name: Mark L. Nelson

	 Title: President and Chief Executive Officer

	
	ELF ANTAR FRANCE
	
	 By: /s/ Alain J. Faure

	 Name: Alain J. Faure

	 Title: General Manager, Total Fina ELF Additives

  

 11

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