Document:

EXHIBIT 10.27

                                   (PROPOSED)
                                  AMENDMENT TO
                       SENIOR CONVERTIBLE PROMISSORY NOTES
                                TO PET EDGE, LLC

     Amendment dated as of ____________, 2003 to the Senior Convertible
Promissory Notes ("Notes") issued by PetCARE Television Network, Inc. (the
"Company") to Pet Edge LLC (the "Holder"), further described as follows:

     o    Note for $1,000,000 dated March 10, 2003 with due date of March 9,
          2006,
     o    Note for $50,000 dated May 29, 2003 with due date of May 28, 2006,
     o    Note for $50,000 dated June 6, 2003 with due date of June 5, 2006, and
     o    Note for $275,000 dated July 1, 2003 with due date of June 30, 2006.

     WHEREAS, the Notes are convertible into the Company's common stock at a
fixed conversion price of twenty four and six tenths cents ($.246) per share;
and

     WHEREAS, the Company, as additional incentive to convert the Notes early
has agreed to modify the conversion price of the Note.

     NOW THEREFORE, in consideration of the agreements set forth in the
Amendment (defined below) and those contained in the Notes, the parties agree as
follows:

1. Certain Definitions.

     (a) Except as otherwise provided in this agreement, all words and terms
defined in each Note have the same meaning in this agreement as such defined
words and terms are given in the Notes.

     (b) "Notes" means the Notes issued on March 10, 2003, May 29, 2003, June 6,
2003, July 1, 2003, and as supplemented and amended by this agreement and as
from time to time further supplemented and amended.

     (c) "Amendment" means this agreement dated as of July 1, 2003.

2. Conversion. Section 3.1 and 3.2 (intentionally omitted) of the Notes are
hereby deleted and replaced with the following revised Sections 3.1 and 3.2:

          "3. Conversion.

               3.1 Optional Conversion. Subject to the terms hereof, during the
     period commencing on the date hereof and expiring at 5:00 P.M., New York
     City local time, on the day immediately preceding the Maturity Date (the
     "Conversion Period"), the Holder shall have the right to convert the then
     outstanding principal amount of this Note, together with accrued interest
     thereon (an Optional Conversion), into shares of Common Stock, par value
     $.0005 per share, of the Company ("Conversion Stock") at a conversion price
     set forth in 3.2 below, which conversion price set forth in 3.2 shall be
     subject to adjustment pursuant to the provisions of Section 3.3 hereof (the
     Initial Conversion Price), and subject to further adjustment as set forth
     in Section 3.4 hereof (the Conversion Price). The number of shares of

                                       1

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     Conversion Stock issuable upon conversion of this Note shall equal (i) the
     sum of (A) the principal amount of this Note and (B) accrued interest
     thereon (if the Holder elects to convert the amount of accrued interest),
     divided by (ii) the Conversion Price. The foregoing conversion privilege
     may be exercised during the Conversion Period by presentation and surrender
     to the Company, at its then principal office, of this Note together with
     the Note Conversion Form attached hereto duly executed. Subject to the
     terms hereof, upon receipt by the Company of this Note and the Note
     Conversion Form, duly executed, at its office, the Holder shall be deemed
     to be the holder of record of the shares of Conversion Stock issuable upon
     such conversion, notwithstanding that the stock transfer books of the
     Company shall then be closed or that certificates representing such shares
     shall not then be actually delivered to the Holder. Additionally, if
     applicable, this note may be converted in segments of not less than
     $250,000.

               3.2 The conversion price provided for in section 3.1 above shall
     be twenty one and four tenth cents ($.214) if this note is converted prior
     to July 1, 2004, the conversion price shall be twenty three cents a share
     ($.23) if this note is converted after July 1, 2004 and before July 1,
     2005, and thereafter the conversion price shall be twenty four and six
     tenth cents ($.246) a share."

3. Effect of the Note. Except as supplemented and amended by this Amendment as
such conforming as necessary to reflect the modification herein, all of the
provisions of this Note shall remain in full force and effect from and after the
effective date of this Amendment.

     This Amendment has been fully authorized and approved by all required
corporate actions of both the Company and the Holder and does not violate any
corporate charter document of the respective parties.

     IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and
seals to this agreement as of the date first above written.

                                        PETCARE TELEVISION NETWORK, INC.

                                        By:
                                           -------------------------------------
                                             Philip Cohen, President and CEO

                                        HOLDER:

                                        PET EDGE LLC

                                        By:
                                            ------------------------------------
                                                John Sfondrini, Manager

                                       2PETCARE TV SUBSCRIPTION FORM

This is an agreement between _____________________________ (hereinafter referred
to as "office") and PetCARE Television Network (hereinafter referred to as
"PCTV"). Office hereby agrees to subscribe to the PetCARE Television Network
waiting room video education system (hereinafter referred to as "the system"),
which is a series of regularly-updated client educational video magazines, a
color television monitor, and a DVD player to be placed in the office's
reception area.

Three-year subscription fee: $299 _____ Bill me _____ Bill my credit card

Credit Card Type: ___________________________________________________________

Name on Card: _______________________________________________________________

Number: ________________________________________ Expiration: _______

The office will take reasonable precautions to protect the components of the
system requested below from vandalism, tampering, theft, fire, and other
hazards; however, the office will not be liable to PCTV for damaged or stolen
equipment. The office agrees to allow reasonable access to PCTV research
auditors. Participation in the system shall be for a term of three years,
commencing upon first delivery. PCTV has the right to remove the system upon
termination of the agreement. The system and all its components remain the
property of PCTV or its equipment supplier.

Office hereby agrees to:
o  Prominently display the system in its reception area
o  Play PCTV programming during all client office hours
o  Contact PCTV immediately with any system problems
1338 Grand Avenue, #318
Glenwood Springs, CO
81601

Please check one option for your hospital

 [    ]   Three year subscription PetCARE Television Network's for $297 and
Option 1  receive the PCTV Loaner System which includes you choice of a 13" or
          20" Television and accompanying DVD player. The Color TV and DVD
          player is yours to use for as long as you are a subscriber. Also,
          includes all technical support, service and replacement as needed in
          addition to the Quarterly DVD Programs.

 [    ]   Subscription to PetCARE Television Network's Quarterly DVD
Option 2  Program...$99/year

 [ X  ]   A subscriber benefit is that you are automatically licensed to
  Free    download individual programs and updates from the PCTV website for use
          in your hospital practice as loaner CD's, or exam room use, or just to
          give to local schools as part of your practice's public relations
          program.

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Veterinarian or Authorized Representative Signature Date

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Veterinarian's Name

--------------------------------------------------------------------------------
Practice Name                         Number of Doctors with Practice

--------------------------------------------------------------------------------
Street Address

--------------------------------------------------------------------------------
City State Zip
(      )
--------------------------------------------------------------------------------
Telephone Number
(      )
--------------------------------------------------------------------------------
Fax Number

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Email

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Contact's Name (Other than Veterinarian)

Office Hours
Monday    __________ to __________            Friday   __________ to __________
Tuesday   __________ to __________            Saturday __________ to __________
Wednesday __________ to __________            Sunday   __________ to __________
Thursday  __________ to __________
--------------------------------------------------------------------------------

<PAGE>

Please mail to address below with payment.
For additional information, contact us at:

PetCARE Television Network, Inc.

1338 Grand Ave.,
Suite 318
Glenwood Springs,
CO, 81601

Tel: 888-701-1202
Tel: 970-928-0581
Fax: 970-384-0507
Efax: 310-362-0363
email:info@petcaretv.comEXHIBIT 10.8

                            PATENT LICENSE AGREEMENT

                           LICENSE NUMBER: 00-1001R

       THIS AGREEMENT, made effective on the 30th day of June, 2000, by and
between Honeywell International Inc., (hereinafter "Honeywell"), a corporation
organized and existing under the laws of the State of Delaware and having a
place of business at 2000 East 95th Street, P.O. Box 419159, Kansas City,
Missouri 64141-6159, and Itec - International Technologies (hereinafter
"Licensee"), a corporation organized and existing under the laws of the State
of Delaware and having a place of business at 11152 North Street Road, Utica,
OH 43080.

WHITNESSETH:
       WHEREAS, Honeywell, pursuant to Contract No. DE-AC04-76DP00613
(hereinafter "Prime Contract") with the United States Government, as
represented by the Department of Energy (Hereinafter "DOE") has developed and
/or obtained rights to Proprietary Rights, subject to the DOE nonexclusive,
nontransferable, irrevocable, paid-up license for the United states Government
and certain march-in rights and any other conditions of waivers granted by the
DOE; and

WHEREAS, Licensee desires to obtain non-exclusive rights in a limited field of
use in the Proprietary Rights.

       NOW THEREFORE, in consideration of the foregoing premises, covenants,
and agreements contained herein, Honeywell and Licensee (collectively the
"Parties") hereto agree to be bound as follows:
1. Definitions
1.1       "Proprietary Rights" shall mean the patents listed in Exhibit A,
          which is attached to and incorporated into this Agreement.
1.2       "Products" shall mean any and all products manufactured, used, sold,
          or transferred by Licensee covered by one or more claims of the
          Proprietary Rights.
1.3       "Services" shall mean any and all services provided which utilize the
          methods encompassed in one or more of the claims of the Proprietary
          Rights.
1.4       "Gross Sales" shall mean the total amounts invoiced to purchasers
          during the accounting period in question for products and/or services
          sold by Licensee.  Gross Sales in the case of Products used or
          transferred or Services performed shall mean the total amounts
          invoiced for such products or Services, but not less than fair market
          value of products and/or services as if they were sold to an
          unrelated third party in similar quantities.  Gross Sales shall
          exclude sales tax or similar tax shown on the invoice to be paid by
          buyer to Licensee.

2. Grants
2.1       Subject to the terms and conditions of this agreement, Honeywell
          hereby grants to Licensee a non-exclusive, nontransferable, worldwide
          license to practice the methods and to make, use, and sell, the
          products and/or Services covered by the Proprietary Rights limited to
          the field of use of separating and recovering motor oil from high
          density polyethylene plastic (HDPE).  No license, either expressed or
          implied, is granted by Honeywell to Licensee hereunder with respect
          to any patent or information except as specifically provided herein.
2.2       No license, either expressed or implied, is granted hereunder to use
          as a trademark or otherwise the words "Honeywell" or any other
          trademark or product name of Honeywell or any word or mark similar
          thereto unless otherwise specified herein.
2.3       Licensee may indicate the products are made under license from
          Honeywell by suitable legend, if the form of such legend and the
          extent of Licensee's use thereof have received prior written approval
          of Honeywell.  Honeywell may amend or revoke prior approvals to use
          such legends at any given time during the term of this Agreement, and
          all rights to use such legends shall terminate with this Agreement.
2.4       No rights to sublicense are granted Licensee under this Agreement.
2.5       Licensee agrees that as resulting Products generated as a result of
          this Agreement may not be substantially manufactured in the United
          States, alternate net economic and technical benefits will flow to
          the United States in the form of products readily available in the
          market that will facilitate recycling and provide for a cleaner
          environment.
2.6       Nothing in this Agreement shall constitute, or be construed to be, a
          limitation or restriction upon any right otherwise possessed by
          Licensee to export or sale for export any Product, or parts
          therefore, in any country and on which royalties shall be paid as
          provided in this Agreement.
2.7       Licensee agrees to observe all applicable United States and foreign
          laws, regulations, rules, and decrees with respect to the transfer of
          the proprietary Rights and related technical data to foreign
          countries. FAILURE TO CONFORM TO SUCH LAWS, REGULATIONS, RULES AND
          DECREES MAY RESULT IN CRIMINAL LIABILITY UNDER U.S. LAWS.
2.8       The grant hereunder is subject to the DOE nonexclusive,
          nontransferable, irrevocable, paid-up license for the United States
          Government and certain march-in rights and any other conditions of
          waivers granted to the Proprietary Rights.

3. Consideration
3.1       In consideration of the rights and licenses granted in this
          Agreement, Licensee agrees to the provisions of Exhibit B and Exhibit
          C attached to and incorporated into this Agreement.
3.2       No royalties shall be owed on any Products sold to  Honeywell,
          Federal Manufacturing & Technologies.
3.3       Upon termination of this Agreement for any reason whatsoever, any
          royalties that remain unpaid shall be properly reported and paid to
          Honeywell within thirty (30) days of any such termination.
3.4       Payment of royalties due shall be made during the month following the
          calendar quarter covered thereby in U.S. Dollars, payable to the
          order of Honeywell International Inc., pursuant to the report to be
          transmitted in accordance with section 4 below.  All amounts paid in
          USA currency are to be calculated at the official rate of exchange on
          the last day of the calendar quarter for which payment is due, or if
          more than one rate of exchange is available, then at the most
          favorable rate to Honeywell for such day.
3.5       Any and all funds or financial receivables owed to Honeywell by the
          Licensee under this Agreement that remain overdue for a period of 90
          days or more after date of invoice shall be declared delinquent, and
          Honeywell shall have the right, but not the obligation, to refer any
          or all such delinquent receivables to any collection agency or
          agencies for collection according to whatever DOE procedures, rules
          and requirements are then in effect for overdue or delinquent
          collections.
3.6       Licensee grants and agrees to grant to Honeywell a free, irrevocable,
          non-exclusive, nontransferable, worldwide license to make, have made,
          use, sell and/or practice the proprietary Rights and related products
          or services, under any improvement patent rights or technical
          information relating to proprietary Rights as to which Licensee has
          the right, during the life of this agreement, to make the grants
          herein provided.  Licensee shall (a) provide Honeywell with a copy of
          each patent and patent application licensed hereunder within (60)
          days after this Agreement is executed or after the filing or
          acquisition by Licensee, and (b) at Honeywell's expense provide in
          complete detail the technical information licensed hereunder, and (c)
          execute any documents and agreements Honeywell deems necessary to
          perfect its rights under this section.

4. Records and Reports
4.1       Licensee agrees to keep adequate and sufficiently detailed records of
          utilization of the Proprietary Rights to enable royalties payable
          hereunder to be determined and to make such records available for
          inspection by authorized representatives of Honeywell at any time
          during the regular business hours of Licensee.  Licensee agrees that
          any additional records of Licensee, as Honeywell may reasonably
          determine are necessary to verify the utilization of proprietary
          Rights, shall also be maintained during and for a minimum of three
          (3) years following termination of this Agreement.
4.2       Within thirty (30) calendar days after the close of each calendar
          quarter during the term of this Agreement, Licensee shall furnish
          Honeywell a written report providing:
(a)a list of all separately identifiable types (i.e. model numbers or
   equivalent) of Products sold, leased or otherwise utilized, or Services
   rendered,
(b)the quantity of each type of product or service,
(c)the Gross sales for each type of product or Service,
(d)sales to any U.S. governmental agency
(e)a separate report shall be prepared for each country in which Products or
   Services are sold,
(f)amount of royalties due in U.S. Dollars for the preceding calendar quarter
   pursuant to the provisions hereof.

1. Technical Assistance
1.1       Honeywell agrees, upon the written request of Licensee, to assist
          Licensee in obtaining necessary approvals for technical assistance at
          Honeywell's facilities under appropriate agreements.  The cost of
          such technical assistance shall be paid by the Licensee.

2. Patent Provisions
2.1       Licensee shall place appropriate patent notices on Products which
          incorporate any invention covered by any licensed Proprietary Rights.
2.2       Licensee shall give notice of any suspected or discovered third party
          infringement to Honeywell.  Honeywell may, in its sole discretion,
          take appropriate action to stop or prevent such infringement,
          including the filing and prosecution of patent litigation; and
          Honeywell shall have the right to include Licensee as a party in such
          litigation where necessary for the conduct thereof.  If Honeywell and
          Licensee desire and agree to joint participation in any infringement
          suit or other enforcement action with respect to any of the Products
          or Services, the respective responsibilities of the parties, and
          their contributions to the costs and participation in recoveries,
          will be agreed upon in writing prior to undertaking such joint
          enforcement action.
2.3       Licensee and Honeywell agree to cooperate in the prosecution  of any
          such legal actions or settlement actions undertaken under this
          section and each will provide to the other all pertinent data in its
          possession which may be  helpful in the prosecution of such actions.
2.4       In the event of any actual or threatened infringement suit against
          Licensee or its customers which would affect the manufacture, use, or
          sale of Products or Services, Licensee shall promptly give written
          notice of such actual or threatened suit to Honeywell and Honeywell
          will make available to Licensee free of charge information in its
          possession which Honeywell believes will assist Licensee in defending
          or otherwise dealing with such suit.
2.5       Licensee is aware that DOE concurrence mat be required in certain
          situations including those involving litigation and/or changes to
          patent rights.

3. Representations and Warranties
3.1       Honeywell represents and warrants that Exhibit A contains a complete
          listing of all proprietary rights licensed pursuant to this Agreement
          and that Honeywell has the right to grant the rights, licenses, and
          privileges granted herein.
3.2       Honeywell represents and warrants that it has received no notice of
          any claim of infringement made to date against Honeywell for
          practicing the Proprietary Rights anywhere in the world.  Honeywell
          makes no representation to Licensee regarding the scope or
          enforceability of the Proprietary Rights and does not warrant that
          any Products manufactured or sold or Services performed pursuant to
          this agreement will not infringe patents of others.
3.3       Except as set forth above, Honeywell makes NO REPRESENTATIONS AND
          WARRANTIES, expressed or implied, with regard to the infringement of
          Proprietary Rights of any third party.
3.4       Licensee is hereby put on notice that export of any goods or
          technical data from the United States may require some form of
          license from the U.S. Government.  Failure to obtain necessary export
          licenses may result in criminal liability of Licensee under U.S.
          laws.

4. Disclaimers
4.1       Neither Honeywell, DOE, nor persons acting on their behalf will be
          responsible for any injury to or death of persons or other living
          things or damage to or destruction of property or any other loss,
          damage, or injury of any kind whatsoever resulting from Licensee's
          manufacture, use or sale of materials, information, or Proprietary
          Rights hereunder.
4.2       EXCEPT AS SET FORTH ABOVE, NEITHER Honeywell, DOE, NOR PERSONS ACTING
          ON THEIR BEHALF MAKE ANY WARRANTY, EXPRESS OR IMPLIED: (1) WITH
          RESPECT TO THE MERCHANTABILITY, ACCURACY, OR COMPLETENESS, OR
          USEFULNESS OF ANY SERVICES, MATERIALS, OR INFORMATION FURNISHED
          HERUNDER; (2) THAT THE USE OF ANY SUCH SERVICES, MATERIALS, OR
          INFORMATION MAY NOT INFRINGE PRIVATELY OWNED RIGHTS; (3) THAT THE
          SERVICES, MATERIALS, OR INFORMATION FURNISHED HEREUNDER WILL NOT
          RESULT IN INJURY OR DAMAGE WHEN USED FOR ANY PURPOSE; OR (4) THAT THE
          SERVICES, MATERIALS, OR INFORMATION FURNISHED HEREUNDER WILL
          ACCOMPLISH THE INTENDED RESULTS OR ARE SAFE FOR ANY PURPOSE,
          INCLUDING THE INTENDED OR PARTICULAR PURPOSE.  FURTHERMORE,
          HONEYWELL, AND DOE HEREBY SPECIFICALLY DISCLAIM ANY AND ALL
          MANUFACTURED, USED, OR SOLD BY LICENSEE.  NEITHER HONEYWELL, NOR THE
          DOE SHALL BE LIABLE FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES IN ANY
          EVENT.
4.3       Except for patent infringement actions, Licensee agrees to indemnify
          Honeywell, the DOE, and persons acting in their behalf for all
          damages, costs, and expenses, including attorney's fees, arising
          from, but not limited to, Licensee's making, using, selling, or
          exporting of any Products or performed Services, in whatever form
          furnished.  Licensee warrants that it has sufficient insurance to
          cover its indemnification and hold harmless liabilities under this
          provision including coverage that recognizes this contractual
          liability.  Licensee cannot, without 30 days prior notification to
          Honeywell, as listed in section 12.1, materially alter or change its
          coverage respecting its liabilities under this section of the
          Agreement.  Honeywell shall have the option within 30 days to
          terminate Licensee's rights under this Agreement or seek an
          alternative mutually satisfactory to the parties.
4.4       Honeywell shall provide Licensee with accurate technical information,
          but Honeywell does not make any warranty and shall have no liability
          with respect to the technical information, Proprietary Rights or the
          use thereof; nor does Honeywell assume any responsibility or make any
          warranty with respect to Products or services, manufactured, sold or
          used under or as a result of this agreement.

5. Term of Agreement and Early Termination
1.1.   This Agreement shall be in effect for a period of five (5) years from
       the effective date of this Agreement and shall automatically renew for
       one year periods unless written notice is given by either party to the
       other party of termination of this Agreement on the expiration of its
       original period or any of such additional yearly periods, such notice of
       termination by either party to be given at least 90 days prior to the
       effective termination date.
1.2.   If either party defaults for any reason in any of its obligations
       hereunder, the other party will have the right to terminate this
       Agreement by giving written notice of termination at least sixty (60)
       days prior to the effective date of such termination, such notice
       specifying the default; however, that such notice will be of no effect
       and termination will not occur if the specified default is remedied
       prior to said effective date of termination.
1.3.   Honeywell may terminate this Agreement forthwith in the event of the
       bankruptcy or insolvency of Licensee, an assignment for the benefit of
       creditors of Licensee, the nationalization of the industry which
       encompasses any  of the Products and/or Services, any suspension of
       payments hereunder by governmental regulation, Licensee's failure to
       commence the manufacture of the Agreement, a substantial change in
       ownership of Licensee (whether resulting from merger, acquisition,
       consolidation or otherwise), another company or person acquiring control
       of Licensee, or the existence of a state of war between the United
       States of America and any country where the Licensee has a License to
       manufacture Products and/or Services.  Such termination shall be without
       prejudice to any rights or claims Honeywell may have against Licensee.
1.4.   At least 30 days prior to filing a petition in bankruptcy, either party
       must inform the other of its intention to file the petition or of
       another's intention to file an involuntary petition in bankruptcy.
       Further, failure to conform to this requirement shall be deemed a
       material, pre-petition, incurable breach.
1.5.   If this Agreement is for any reason terminated before all of the
       payments herein provided for have been made (including minimum royalties
       for the year in which the Agreement is terminated), Licensee shall
       immediately submit a terminal report and pay to Honeywell any remaining
       unpaid balance even though the due date as provided herein has not been
       reached.
1.6.   This Agreement shall automatically terminate upon any attempt by
       Licensee to transfer its interest in whole or in part of this Agreement
       to any other party not expressly authorized in writing by Honeywell.

2.     Rights of Parties After Termination
1.1    Neither party shall be relieved of any obligation or liability under
       this Agreement arising from any act or omission committed prior to the
       effective date of such termination which obligation or liability accrued
       as of the date of such termination.
1.2    From and after any termination of this Agreement, Licensee shall have
       the right to sell any Products that Licensee had already manufactured
       prior to termination, provided that all royalties and reports required
       above shall be submitted to Honeywell.
1.3    From and after any termination of this Agreement, Licensee shall not
       manufacture nor have manufactured any Products pursuant to this
       Agreement.
1.4    The rights and remedies grated herein, and any other rights or remedies
       which the parties may have, either at law or in equity, are cumulative
       and not exclusive of others.  On any termination, Licensee shall duly
       account to Honeywell and transfer to it all rights to which Honeywell
       may be entitled under this Agreement under any valid U.S. Patent as set
       forth in Exhibit A.  Licensee's duty to pay outstanding royalties
       includes, but is not limited to royalty payments from Products or
       Services provided pursuant to paragraph 10.2 or 10.3.

1.     Force Majeure
1.1    No failure or omission by Honeywell or by Licensee in the performance of
       any obligation under this Agreement shall be deemed a breach of this
       Agreement or create any liability if the same shall arise from acts of
       God; acts or omissions of any government or agency thereof, compliance
       with rules, regulations, or orders of any governmental authority; fire;
       storm; flood; earthquake; accident; acts of the public enemy; war;
       rebellion; insurrection; riot; sabotage; invasion; quarantine;
       restriction; or failures or delays in transportation.

1.     Notices
1.1    All notices and reports shall be addressed to the parties hereto as
       follows:

       If to Honeywell:
       Attn: Licensing Manager                       Telephone: (816) 997-2645
       Office of Business Partnerships               Facsimile: (816) 997-4094
       Honeywell International Inc.
       2000 East 95th Street
       Kansas City, MO 64141-6159

       If to Licensee:
       Gary DeLaurentiis, President                  Telephone: (740) 892-2988
       Itec - International Technologies             Facsimile: (740) 892-2985
       11152 North Street Road
       Utica, OH 43080
1.2    All payments due Honeywell should be made payable to:
       Honeywell International Inc.
       P. O. Box 412833
       Kansas City, Missouri 64141-2833
       In addition, all payments and remittances shall reference the number of
       the Honeywell Invoice for which payment is being made, as well as the
       Honeywell Technology Licensing reference account number = 06953602, and
       the Honeywell License number of this license as follows: 00-
       1001R{ellipsis}..
1.3    All notices provided herein shall be in writing and shall be deemed to
       have been duly given when received, if delivered personally, sent by
       facsimile, or sent by First Class U.S. Mail, postage prepaid, to the
       party entitled thereto at its above address or at such other address as
       designated in writing by the party in accordance with the provisions of
       this section.

1.     Non-Abatement of Royalties
1.1    Honeywell and Licensee acknowledge that certain of the proprietary
       Rights may expire prior to the conclusion of the term of this Agreement;
       however, Honeywell and Licensee agree that the royalty rates provided
       for above shall be uniform and undiminished, except pursuant to the
       Agreement.

1.     Waivers
1.1    The failure of Honeywell at any time to enforce any provision of this
       Agreement or to exercise any right or remedy shall not be construed to
       be a waiver of such provisions or of such rights or remedy or the right
       of Honeywell thereafter to enforce each and every provision, right, or
       remedy.

1.     Modifications
1.1    It is expressly understood and agreed by the parties hereto that this
       instrument contains the entire agreement between the parties with
       respect to the subject matter hereof and that all prior representations,
       warranties, or agreements relating hereto have been merged into this
       document and are thus suspended in totality by this Agreement.  This
       Agreement may be amended or modified only by a written instrument signed
       by the duly authorized representative of both of the parties.

1.     Headings
1.1    The headings for this section set forth in this Agreement are strictly
       for the convenience of the parties and shall not be used in any way to
       restrict the meaning or interpretation of the substantive language of
       this Agreement.

1.     Law
       17.1  This Agreement shall be construed according to the laws of the
       state of Missouri and the United States of America.

<PAGE>
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed, in duplicate, in their respective names by their duly authorized
representatives.

HONEYWELL INTERNATIONAL INC.

By:       /s/ M. Caron Fisher

Name: (printed) M. Caron Fisher

Title:  Licensing Manager

Date:   7/21/00

LICENSEE:

By::          /s/ Gary M. De Laurentiis

Name (printed)   Gary M. De Laurentiis

Title:          President

Date:           8/4/00

<PAGE>

                                  EXHIBIT A,

                              PROPRIETARY RIGHTS

U.S. Patent Number 5,711,820, "Method to Separate and Recover Plastic from
Plastic Contaminated with Oil", awarded to Honeywell by the U.S. Patent and
Trademark Office on January 27, 1998.

Initials:

Honeywell:   M.C.F.

Date:       7/21/00

Licensee:    G.M.D.

Date:       8/4/00

<PAGE>
                           EXHIBIT B, AMENDMENT ONE

LICENSE FEE, ROYALTIES AND MINIMUM COMMERCIAL USE BUYOUT OPTION

B.1.   License Fee
In consideration of the rights and licenses granted herein, Licensee agrees to
pay Honeywell fifty thousand ($50,000) U.S. Dollars which, shall neither be
refundable nor creditable toward the royalty called for under section B.2 or
B.3.  These funds shall be disbursed in three equal payments of $16,666.66
each. The first payment shall be due upon execution of this contract.  The
second payment shall be due May 30, 2001, the milestone for successful
completion of product design.  The third payment shall be due September 30,
2001, the milestone for shipment of the first machine.  Payments on these dates
are subject to the successful performance of activities required to meet the
business plan milestones.  A business plan review by Honeywell will be required
if adjustments to this schedule are requested.  Subsequent payment schedule
adjustments will be based on the results of this review.

B.1.   Royalties
Licensee shall pay Honeywell a royalty rate of 5 per cent (5%) to be based on
gross sales of all Products and Services sold in the United States and 3 per
cent (3%) to be based on Products and Services sold in countries other than the
United States, under the License granted under this Agreement.  Royalty
payments  shall be due within thirty (30) days after the close of the previous
calendar quarter as instructed in Section 12.2.

B.2.   Minimum Royalties
Licensee shall pay to Honeywell royalties as stated in paragraph B.1, but in no
event shall royalties be less than the minimum royalties of fifty thousand
($50,000) U.S. Dollars during each calendar year.  Licensee shall pay the
difference between the amount of actual royalties paid and the minimum royalty
within thirty (30) days after the month marking the annual anniversary of the
first unit shipped, scheduled for September 2001.  The first annual minimum
payment will begin in October 2002.

                                    NOTICE
THIS EXHIBIT CONTAINS FINANCIAL AND COMMERCIAL INFORMATION THAT IS BUSINESS
CONFIDENTIAL AND THE PARTIES HEREBY AGREE NOT TO USE OR DISCLOSE THIS EXHIBIT
TO ANY THIRD PARTY WITHOUT THE ADVANCE WRITTEN APPROVAL OF THE OTHER PARTY
HERETO, EXCEPT TO THOSE NECESSARY TO ENABLE THE PARTIES TO PERFORM UNDER THIS
AGREEMENT OR AS MAY BE REQUIRED BY THE HONEYWELL CONTRACT WITH THE DOE UNDER
THE SAME RESTRICTIONS AS SET FORTH HEREIN.

Initials:

Honeywell:   M.C.F.

Date:       7/21/00

Licensee:    G.M.D.

Date:       8/4/00

<PAGE>
                          EXHIBIT B, AMENDMENT TWO

LICENSE FEE, ROYALTIES AND MINIMUM COMMERCIAL USE BUYOUT OPTION

B.1.   License Fee
In consideration of the rights and licenses granted herein, Licensee agrees to
pay Honeywell fifty thousand ($50,000) U.S. Dollars which, shall neither be
refundable nor creditable toward the royalty called for under section B.2 or
B.3.  These funds shall be disbursed in two payments, the first of which will
be $16,666; the second of which will be $33,334. The first payment shall be due
upon execution of this contract.  The next payment shall be due January 31,
2003, the milestone for shipment of the first machine.  Payments on these dates
are subject to the successful performance of activities required to meet the
business plan milestones.  A business plan review by Honeywell will be required
if adjustments to this schedule are requested.  Subsequent payment schedule
adjustments will be based on the results of this review.

B.1.   Royalties
Licensee shall pay Honeywell a royalty rate of 5 per cent (5%) to be based on
gross sales of all Products and Services sold in the United States and 3 per
cent (3%) to be based on Products and Services sold in countries other than the
United States, under the License granted under this Agreement.  Royalty
payments  shall be due within thirty (30) days after the close of the previous
calendar quarter as instructed in Section 12.2.

B.2.   Minimum Royalties
Licensee shall pay to Honeywell royalties as stated in paragraph B.1, but in no
event shall royalties be less than the minimum royalties of fifty thousand
($50,000) U.S. Dollars during each calendar year.  Licensee shall pay the
difference between the amount of actual royalties paid and the minimum royalty
within thirty
(30) days after the month marking the annual anniversary of the first unit
shipped, scheduled for January 2003.  The first annual minimum payment will
begin in February 2004.

                                    NOTICE
THIS EXHIBIT CONTAINS FINANCIAL AND COMMERCIAL INFORMATION THAT IS BUSINESS
CONFIDENTIAL AND THE PARTIES HEREBY AGREE NOT TO USE OR DISCLOSE THIS EXHIBIT
TO ANY THIRD PARTY WITHOUT THE ADVANCE WRITTEN APPROVAL OF THE OTHER PARTY
HERETO, EXCEPT TO THOSE NECESSARY TO ENABLE THE PARTIES TO PERFORM UNDER THIS
AGREEMENT OR AS MAY BE REQUIRED BY THE HONEYWELL CONTRACT WITH THE DOE UNDER
THE SAME RESTRICTIONS AS SET FORTH HEREIN.

Initials:

Honeywell:   M.C.F.

Date:       7/21/00

Licensee:    G.M.D.

Date:       8/4/00

<PAGE>
                                 EXHIBIT C

                      DEVELOPMENT, COMMERCIALIZATION PLAN
Honeywell's patented technology licensed in this Agreement is being used to
develop the ECO2 System for the separation of oil and plastic.  Licensee agrees
to invest in the commercial development of technology and market for this
product by committing Licensees resources, at a minimum, to the requirements
set forth in the Commercialization Plan provided by the Licensee for
consideration in this Agreement dated 02/25/00.

Progress and substantiation of Licensee meeting these requirements shall be
provided to Honeywell in the form of a written report received by U.S. Mail or
in the form of a presentation at a meeting between the parties at the mutual
convenience of said parties but no later than the first anniversary and each
anniversary thereafter of the effective date thereof.

                                    NOTICE
THIS EXHIBIT CONTAINS FINANCIAL AND COMMERCIAL INFORMATION THAT IS BUSINESS
CONFIDENTIAL AND THE PARTIES HEREBY AGREE NOT TO USE OR DISCLOSE THIS EXHIBIT
TO ANY THIRD PARTY WITHOUT THE ADVANCE WRITTEN APPROVAL OF THE OTHER PARTY
HERETO, EXCEPT TO THOSE NECESSARY TO ENABLE THE PARTIES TO PERFORM UNDER THIS
AGREEMENT OR AS MAY BE REQUIRED BY THE HONEYWELL CONTRACT WITH THE DOE UNDER
THE SAME RESTRICTIONS AS SET FORTH HEREIN.

Initials:

Honeywell:   M.C.F.

Date:       7/21/00

Licensee:    G.M.D.

Date:       8/4/00

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