Document:

Exhibit 10.1

                            UNSECURED PROMISSORY NOTE

$100,000                                               January 11, 2006

      FOR VALUE RECEIVED, the undersigned, GreenMan Technologies Inc., (the
"Debtor"), hereby promises to pay to the order of Nicholas DeBenedictis and
Nancy DeBenedictis, Joint Tenants, individuals residing at 15 Sunnyside Ave.,
Apt A, Mill Valley, CA 94941 (the "Holders") on or before June 15, 2006 the
principal sum of Twenty FiveThousand Dollars ($25,000) or such lesser principal
amount then outstanding, together with all accrued and unpaid interest thereon.
Interest on the principal amount of this Note will accrue from and including the
date hereof until and including the date such principal amount is paid, at a
rate equal to ten percent (10%) per annum. Interest shall be payable at maturity
in lawful money of the United States of America, in immediately available funds
and shall be computed on the basis of a 360-day year and a 30-day month.

      The outstanding balance of this Note shall be rendered immediately due and
payable, without the necessity of a Demand Notice, in case of any of the
following acts (individually, an "Event of Default"): (a) entry of any judgment
or order against the Debtor for the payment of money, if the same is not
satisfied or enforcement proceedings are not stayed within sixty (60) days or
if, within sixty (60) days after the expiration of any such stay, the judgment
or order is not dismissed, discharged or satisfied; (b) appointment of a
receiver, trustee, custodian or similar official, for the Debtor or any property
or assets of the Debtor; (c) conveyance of any or all assets to a trustee,
mortgagee or liquidating agent or assignment for the benefit of creditors by the
Debtor; or (d) commencement of any proceeding under any law or any jurisdiction,
now or hereafter in force, relating to bankruptcy, insolvency, renegotiation of
outstanding indebtedness, arrangement or otherwise to the relief of debtors or
the readjustment of indebtedness, by or against the Debtor. Notwithstanding
anything contained herein to the contrary, upon the occurrence of any such Event
of Default, the entire outstanding amount of principal and interest of this Note
shall become immediately due and payable, without presentment, demand, protest
or other notice of any kind, all of which are hereby expressly waived.

      The Debtor may prepay this Note, in whole or in part, at any time prior to
demand or acceleration. Any permitted prepayment of principal by the Debtor will
be accompanied by payment of all accrued and unpaid interest on the principal
sum being repaid plus a prepayment penalty equal to three months interest.

      The Debtor agrees to pay all costs, charges and expenses incurred by the
Holders and their assigns (including, without limitation, costs of collection,
court costs, and reasonable attorneys' fees and disbursements) in connection
with the successful enforcement of the Holder's rights under this Note (all such
costs, charges and expenses being herein referred to as "Costs"). Presentment
for payment, demand, protest, notice of protest and notice of nonpayment are
hereby waived. The Debtor agrees that any delay on the part of the Holders in
exercising any rights hereunder will not operate as a waiver of such rights, and
further agrees that any payments received hereunder will be applied first to
Costs, then to interest, and the balance to principal. The Holders shall not by
any act, delay, omission, or otherwise be deemed to waive any of its rights or
remedies, and no waiver of any kind to enforce this Note shall be valid unless
in writing and signed by the Holders. This Note is payable in any events and is
not subject to offset or reduction because of any other claims of Debtor against
the Holders.

<PAGE>

      This Note applies to, inures to the benefit of, and binds the successors
and assigns of the parties hereto. This Note is not negotiable or transferable
to any other holder without the written consent of the Debtor. This Note is made
under and shall be governed by the internal laws of the Commonwealth of
Massachusetts.

      IN WITNESS WHEREOF, the Debtor has executed this Note as an instrument
under seal as of the date first written above.

DEBTOR

-------------------------
GreenMan Technologies Inc.
Charles E. Coppa
Chief Financial Officer

                                                                               2Exhibit 10.2

                            UNSECURED PROMISSORY NOTE

$100,000                                               March 15, 2006

      FOR VALUE RECEIVED, the undersigned, GreenMan Technologies Inc., (the
"Debtor"), hereby promises to pay to the order of Nicholas DeBenedictis and
Nancy DeBenedictis, Joint Tenants, individuals residing at 15 Sunnyside Ave.,
Apt A, Mill Valley, CA 94941 (the "Holders") on or before June 15, 2006 the
principal sum of One Hundred Thousand Dollars ($100,000) or such lesser
principal amount then outstanding, together with all accrued and unpaid interest
thereon. Interest on the principal amount of this Note will accrue from and
including the date hereof until and including the date such principal amount is
paid, at a rate equal to ten percent (10%) per annum. Interest shall be payable
at maturity in lawful money of the United States of America, in immediately
available funds and shall be computed on the basis of a 360-day year and a
30-day month.

      The outstanding balance of this Note shall be rendered immediately due and
payable, without the necessity of a Demand Notice, in case of any of the
following acts (individually, an "Event of Default"): (a) entry of any judgment
or order against the Debtor for the payment of money, if the same is not
satisfied or enforcement proceedings are not stayed within sixty (60) days or
if, within sixty (60) days after the expiration of any such stay, the judgment
or order is not dismissed, discharged or satisfied; (b) appointment of a
receiver, trustee, custodian or similar official, for the Debtor or any property
or assets of the Debtor; (c) conveyance of any or all assets to a trustee,
mortgagee or liquidating agent or assignment for the benefit of creditors by the
Debtor; or (d) commencement of any proceeding under any law or any jurisdiction,
now or hereafter in force, relating to bankruptcy, insolvency, renegotiation of
outstanding indebtedness, arrangement or otherwise to the relief of debtors or
the readjustment of indebtedness, by or against the Debtor. Notwithstanding
anything contained herein to the contrary, upon the occurrence of any such Event
of Default, the entire outstanding amount of principal and interest of this Note
shall become immediately due and payable, without presentment, demand, protest
or other notice of any kind, all of which are hereby expressly waived.

      The Debtor may prepay this Note, in whole or in part, at any time prior to
demand or acceleration. Any permitted prepayment of principal by the Debtor will
be accompanied by payment of all accrued and unpaid interest on the principal
sum being repaid plus a prepayment penalty equal to three months interest.

      The Debtor agrees to pay all costs, charges and expenses incurred by the
Holders and their assigns (including, without limitation, costs of collection,
court costs, and reasonable attorneys' fees and disbursements) in connection
with the successful enforcement of the Holder's rights under this Note (all such
costs, charges and expenses being herein referred to as "Costs"). Presentment
for payment, demand, protest, notice of protest and notice of nonpayment are
hereby waived. The Debtor agrees that any delay on the part of the Holders in
exercising any rights hereunder will not operate as a waiver of such rights, and
further agrees that any payments received hereunder will be applied first to
Costs, then to interest, and the balance to principal. The Holders shall not by
any act, delay, omission, or otherwise be deemed to waive any of its rights or
remedies, and no waiver of any kind to enforce this Note shall be valid unless
in writing and signed by the Holders. This Note is payable in any events and is
not subject to offset or reduction because of any other claims of Debtor against
the Holders.

<PAGE>

      This Note applies to, inures to the benefit of, and binds the successors
and assigns of the parties hereto. This Note is not negotiable or transferable
to any other holder without the written consent of the Debtor. This Note is made
under and shall be governed by the internal laws of the Commonwealth of
Massachusetts.

      IN WITNESS WHEREOF, the Debtor has executed this Note as an instrument
under seal as of the date first written above.

DEBTOR

-------------------------
GreenMan Technologies Inc.
Charles E. Coppa
Chief Financial Officer

                                                                               2May 8, 2006

May 8, 2006

AMI Doduco, Inc.

Murray Corporate Park 

1003 Corporate Drive

Export, PA  15362

Dear Sirs:

Reference is made to a Fee Consignment and/or Purchase of Silver Agreement dated April 7, 2006, as it may have been amended from time to time (the "Agreement").

Further to discussions between the Parties, certain terms of the Agreement are to be revised and, as a consequence and subject to your acceptance, the following provisions of the Agreement are hereby amended as follows:

	Paragraph 1 of the Agreement, captioned "Availability", is hereby amended to read as follows:

"1.  Availability.  Silver delivered and held on consignment hereunder from time to time by the Consignee shall not at any time have a Dollar Value which exceeds the lesser of (i) the Dollar Value of 5,000,000 troy ounces of silver and (ii) $85,000,000 U.S. (such $85,000,000 U.S. being the "Maximum Dollar Limit")."

	Paragraph 2 of the Agreement, captioned "Restoration of Maximum Dollar Limit" is amended to read as follows:

"2.  Restoration of Maximum Dollar Limit.  If at any time the Dollar Value of silver held on consignment hereunder by the Consignee should exceed the Maximum Dollar Limit, then Scotiabank may at its option, by telex or telecopied notice to the Consignee, require that by the end of the Business Day immediately following the day upon which such telex or telecopied notice is given, the Consignee either:

	re-deliver to Scotiabank a portion of the silver held on consignment hereunder sufficient to reduce the Dollar Value of the silver continued to be held on consignment hereunder to an amount no greater than the Maximum Dollar Limit; or 
	purchase from Scotiabank, at the applicable H&H Noon price plus applicable premium (as provided in paragraph 14), a quantity of the silver held on consignment hereunder sufficient to reduce the Dollar Value of the silver held on consignment hereunder to an amount no greater than the Maximum Dollar Limit.

With respect to item (ii) above, if the Parties are unable to agree to a purchase price, then the Maximum Dollar Limit shall be restored pursuant to the provisions of item (i) above."

 

All other terms and conditions of the Agreement are to remain in full force and effect, unamended except as previously amended and as hereby amended.  By the execution of this letter, AMI Doduco, Inc. confirms its acceptance of the provisions set out herein.

Yours truly,

THE BANK OF NOVA SCOTIA

By: /s/ Zoran Miljkovic

Authorized Officer

By: /s/ Timothy P. Dinneny

Authorized Officer

ACCEPTED:

DATED: May 17, 2006.

AMI Doduco, Inc.

By: /s/ James M. Papada, III

Name: James M. Papada, III

Title: President

By: Drew A. Moyer

Name: Drew A. Moyer

Title: Corporate Secretary

 

Guarantor's Acknowledgement:

Technitrol, Inc. hereby acknowledges that its guarantee in favour of The Bank of Nova Scotia, executed on July 6, 2000 (and re-affirmed on April 7, 2006), continues in full force and effect with respect to the indebtedness and liabilities of AMI Doduco, Inc., including without limitation, all liabilities of AMI Doduco, Inc. under this Fee Consignment and/or Purchase of Silver Agreement, as same may be amended from time to time.

Technitrol, Inc.

By: /s/ James M. Papada, III

Name: James M. Papada, III

Title: CEO

By: /s/ Drew A. Moyer

Name: Drew A. Moyer

Title: Senior VP & CFO

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