Document:

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                                                                   Exhibit 10.10

[Note: A "[*]" indicates that material has been omitted pursuant to a request
for confidential treatment and that the material has been filed separately.]

                     IBR PLANT LICENSE AGREEMENT (NEW YORK)

THIS IBR PLANT LICENSE AGREEMENT (NEW YORK) is dated for reference July 15,
2003, and is made

BETWEEN:

         INTERNATIONAL BIO RECOVERY CORPORATION, a
         British Columbia company having an office at 52 Riverside Drive,
         North Vancouver, British Columbia, Canada V7H 1T4

         (herein called "IBR")

AND:

         MINING ORGANICS MANAGEMENT LLC, a limited liability company organized
         under the laws of the Commonwealth of Massachusetts, having an office
         at 137 Newbury Street, Seventh Floor, Boston, Massachusetts, United
         States of America, 02116

         (herein called "MOM")

WHEREAS:

A.   IBR is the owner of secret and proprietary technology known as the Enhanced
     Autogenous Thermophylic Aerobic Digestion process ("EATAD") for the
     construction and operation of plants for the conversion of biodegradable
     plant, animal and waste products, using organic food waste materials and
     manures as feed stock and using a bacteria culture developed by IBR to
     produce a solid and liquid biological fertilizer for agricultural
     applications. IBR also owns detailed plans for constructing and operating a
     facility to process commercial volumes of organic waste using the EATAD
     process. The technology is further described by reference to the Table of
     Contents in Schedule A hereto.

B.   MOM wishes to obtain the right to construct and operate an IBR Plant with a
     Capacity of 440 tonnes per day, which IBR Plant will be constructed in the
     Borough of the Bronx, New York t be located as shown in Schedule B hereto
     (the "INITIAL IBR PLANT").

                                       -1-                         July 16, 2003

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NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the premises
and the sum of $10.00 and other good and valuable consideration (the receipt and
sufficiency of which the Parties hereto hereby acknowledge), the Parties hereby
covenant and agree, each with the other, as follows:

                           ARTICLE 1 - INTERPRETATION

1.1  Definitions - In this Agreement (including the Recitals and all Schedules):

     (a)  "CAPACITY" means the designed capacity of the Licensed Plant in tonnes
          per day of the digestors designed capacity, designed to digest 8%
          solid content, as such capacity is determined by IBR in accordance
          with its standard design criteria;

     (b)  "COMPLETION OF CONSTRUCTION" means the date upon which MOM shall have
          demonstrated to IBR that:

          (i)  all material permits and approvals for the construction and
               operation of the Initial IBR Plant are obtained and in good
               standing;

          (ii) the project engineer, retained by MOM, for the construction of
               the Initial IBR Plant shall have certified that the construction
               of the Initial IBR Plant is substantially complete in accordance
               with the Plans and Specifications and ready to commence
               operations;

          (iii) MOM has paid, except for usual holdbacks and deductions
               permitted under construction contracts, for all labour, services
               and materials forwarded to or incorporated in the Initial IBR
               Plant;

     (c)  "CONFIDENTIAL INFORMATION" means all material, information and
          Documents, in whatever form provided, identified by IBR as
          confidential or proprietary in nature relating to IBR's business,
          finances, operations, strategic planning, research and development
          activities, forecasts, products, designs, systems, improvements,
          processes, firmware, technical specifications, flowcharts, logic
          diagrams, source code, schematics, notes, data, memoranda, know-how,
          purchasing, trade secrets, as well as any material and information
          which, from the circumstances in which they are made available to MOM,
          in good faith ought to be treated as confidential or proprietary, but
          shall not include any information that MOM can show (i) is publicly
          available at the time of disclosure, or becomes publicly available
          after disclosure, through no fault of MOM or (ii) was rightfully in
          MOM's possession prior to the time of disclosure and such information
          was not obtained in confidence or is information the parties agree
          need not be treated as confidential or (iii) became available to MOM
          for a source other than IBR or its representatives, provided that MOM
          has no reason to believe the source is bound by confidentiality or
          non-disclosure agreements with IBR or is not otherwise information
          which MOM is prohibited from disclosing by a legal, contractual or
          fiduciary obligation;

                                       -2-
<PAGE>

     (d)  "DISPUTED MATTER" has the meaning set forth in Schedule G;

     (e)  "DOCUMENTS" means paper writings, slides and microfilm and includes
          mechanical means, such as disks, tapes and computer storage systems,
          that can be used to produce paper writings, slides or microfilm and
          where this Agreement calls upon documents to be destroyed, or copies
          thereof to be retained under supervision, such mechanical means to
          produce documents shall be erased or retained under supervision;

     (f)  "EFFECTIVE DATE" means the date upon which the Parties have duly
          executed and delivered this Agreement, MOM shall have delivered an
          opinion of its New York counsel as to its status, powers and due
          authorization, execution and delivery of this Agreement and MOM shall
          have paid the Initial License Fee to IBR;

     (g)  "EXCLUSIVE AREA" means the area within the Territory which is shown in
          Schedule B hereto as being the area within a 31.25 mile radius circle
          centered at City Hall, Downtown, New York, New York within which IBR
          agrees not to grant a license to a third party to operate an IBR Plant
          so long as this Agreement remains in force and so long as MOM is not
          in unremedied default hereunder except in compliance with Article 9;

     (h)  "FORCE MAJEURE" means flood or other act of God, riots or instability
          in New York or British Columbia, or other similar circumstances beyond
          the reasonable control of IBR or MOM (as the case may be) which
          prevents a Party from fulfilling its obligations hereunder, but lack
          of funds or other financial difficulties shall not constitute Force
          Majeure;

     (i)  "GOVERNMENTAL AUTHORITY" means any domestic, foreign or supranational
          federal, state, provincial or local court, agency, instrumentality,
          department, legislative body, commission, board or other
          administrative or governmental body and any domestic or foreign
          national or international self-regulatory body;

     (j)  "GROSS REVENUE" means the gross amount of all revenues, receipts and
          income of any kind howsoever derived, directly or indirectly, from the
          sale or barter of Licensed Plant Product produced at the IBR Plant
          licensed hereunder, without any deduction for sales or marketing
          costs, all as determined in accordance with generally accepted
          accounting principles consistently applied

     (k)  "IBR" means International Bio Recovery Corporation, a British Columbia
          company and its successors and assigns;

     (ll)  "IBR EQUIPMENT" means equipment manufactured, licensed or contracted
          for by IBR as designated by IBR from time to time as being required or
          recommended in connection with the construction, operation or
          maintenance of an IBR Plant generally and the Licensed Plant
          specifically, including, without restriction, such patented and
          proprietary equipment licensed to IBR as is described in Schedule C
          hereto or otherwise as IBR may specify from time to time;

                                       -3-

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     (m)  "IBR FREE SERVICES" means the services identified in Sections 10.2 and
          10.3 hereof, which IBR provides to MOM for no salary cost;

     (n)  "IBR PLANT" means a single plant to process Organic Waste using the
          IBR Technology and licensed by IBR to MOM;

     (o)  "IBR SERVICES" means the services, excluding the IBR Free Services,
          which IBR has agreed, subject to MOM's compliance with this Agreement,
          under Article 10;

     (p)  "IBR TECHNOLOGY" means IBR's secret and proprietary technology for the
          design, construction and operation of plants for the conversion of
          Organic Waste into Plant Product using the EATAD process and, except
          for the purposes of Section 13.2(d), includes the Technical
          Information, the IBR Equipment and the Plans and Specifications;

     (q)  "IBR'S COST" means:

          (i)  the aggregate of:

               (A)  all out-of-pocket costs incurred by IBR, whether for
                    equipment, labour, materials, consultants, travel,
                    communications or otherwise;

               (B)  charges for IBR's own personnel at their stated hourly
                    charge out rates from time to time (which shall not exceed
                    two times their actual annual cost to IBR divided by 1,500
                    hours per year);

               (C)  all goods and services taxes, sales taxes, value added taxes
                    or similar taxes payable by IBR in relation to the matters
                    listed in (A) or (B) above;

               (D)  any Territory Taxes payable by IBR in connection with (A),
                    (B) or (C) above; plus

          (ii) 7 1/2% of the total of the amounts calculated under (A)&(B)
               above;

     (r)  "IMPROVEMENT" means any enhancements to the Patents or the Technical
          Information, whether or not such enhancements are patentable,
          copyrightable or susceptible to other forms of intellectual property
          protection, including any modifications to the IBR Technology, or
          which relate in any way to the design, development, construction or
          operation of the IBR Plants, and includes all Intellectual Property
          rights in and to such enhancements;

     (s)  "INTELLECTUAL PROPERTY" means the Patents, and the Licensed Marks
          (IBR) together with all patent applications, patent rights, patentable
          inventions, copyrightable material, copyright registrations,
          copyrights, trade-marks, trade secrets, know-how, mask works,
          discoveries, research data, inventions, manufacturing methods,
          industrial designs, formulae, processes, technology, and technical
          information, including Confidential Information, and any rights under

                                       -4-
<PAGE>

          licenses of any of the foregoing, whether or not subject to statutory
          registration or protection and whether protected, created or arising
          under the Laws of the United States or Canada or any state or province
          thereof or under the Laws of any other jurisdiction;

     (t)  "INDEMNIFIED PARTIES" means the subsidiaries, affiliates, directors,
          officers, employees, servants and agents of a Party,

     (u)  "INFRINGEMENT ACTION" means a claim, action or proceeding commenced by
          a Person or allegation made by a Person, which inter alia, claims that
          the design, manufacture, use, sale, offering for sale, license or
          sublicense of the IBR Technology infringes on any patent or other
          intellectual property right of such Person or may constitute a passing
          off or unauthorized use of the IBR Technology, the Patents owned by
          IBR or licensed hereunder, or of the Licensed Marks (IBR);

     (v)  "INITIAL LICENCE FEE" means the fee payable by MOM to IBR in respect
          of the Licensed Plant pursuant to Section 4.3. The Initial License Fee
          is equal to $660,000 US being the product of the 440 tonnes per day
          Capacity of the Licensed Plant, multiplied by $1,500 US per tonne per
          day of Capacity,

     (w)  "INTEREST" means the rate of interest described in Section 18.3
          hereof;

     (x)  "LAPSE DATE" means December 31, 2005, or such later date as MOM may
          request and IBR in its sole discretion may in writing approve;

     (y)  "LAW" means any statute, law, rule, regulation, ordinance, order,
          decree, action, restriction, requirement or policy of any Governmental
          Authority;

     (z)  "LICENSE FEES" means the Initial License Fee and any fees payable by
          MOM under Article 9 hereof,

     (aa) "LICENSED MARKS (IBR)" means the trade-marks and trade-names which IBR
          will license to MOM for the purposes hereof;

     (bb) "LICENSED PLANT" means the Initial IBR Plant of the Capacity of 440
          tonnes per day to be constructed and operated by MOM at the Location;

     (cc) "LICENSED PLANT PRODUCT" means the solid and liquid organic material
          produced by the operation of the Licensed Plant;

     (dd) "LOCATION" means the specific location as described in Schedule B
          where the Parties agree the Licensed Plant will be located and
          constructed;

     (ee) "ORGANIC WASTE" means biodegradable animal, plant or other waste
          products which IBR determines are suitable for the EATAD process;

     (ff) "PARTIES" means IBR and MOM, and "Party" means any either of them;

                                       -5-

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     (gg) "PATENTS" means those components of the IBR Technology consisting of
          the issued IBR patents and the IBR patent applications set out in
          Schedule D, and any future patents which IBR applies for in respect of
          the IBR Technology, together with any and all continuations,
          divisionals, continuations-in-part, or reissues of patent applications
          with respect thereto, and all unexpired patents issuing thereon,
          including reissues, and any registration or confirmation patents
          corresponding thereto and any counterpart foreign patents and
          applications, and extensions thereto, including any supplementary
          protection certificate or right of a similar nature;

     (hh) "PERSON" means an individual, partnership, company, corporation,
          trust, joint venture, unincorporated association, Governmental
          Authority or political subdivision thereof and any other entity that
          has legal capacity to own property in its own name and to sue or be
          sued;

     (ii) "PLANS AND SPECIFICATIONS" means all plans, specifications, methods,
          applications, criteria, drawings, manuals, procedures and instructions
          provided from time to time to MOM by IBR in whatever form;

     (jj) "PLANT PRODUCT" means the solid and liquid organic material produced
          by the operation of an IBR Plant generally and includes without
          limitation any by-products of the use or implementation of the IBR
          Technology;

     (kk) "ROYALTY" has the meaning set out in Article 4 hereof;

     (ll) "START-UP Date" means the date following the Completion of
          Construction upon which MOM commences the continuous operation of the
          Initial IBR Plant by the introduction of Organic Waste into the plant
          digesters for the purpose of the production of Plant Product from the
          Licensed Plant;

     (mm) "TAX" or "TAXES" means any and all taxes (including net income, gross
          income, franchise, value added, ad valorem, goods and services, gross
          receipts, capital, paid-up capital, large capital, employer health,
          leasing, excise, fuel, excess profits, sales, use, property (personal
          or real, tangible or intangible), and stamp taxes), levies, imposts,
          duties, charges, assessments, or withholdings of any nature
          whatsoever, general or special, ordinary or extraordinary, now
          existing or hereafter created or adopted, and any instalments in
          respect thereof, together with any and all penalties, fines, additions
          to tax and interest thereon;

     (nn) "TAX RETURN" means any return, information return, report, document,
          election, or filing of any nature required in connection with any Tax
          or by any Governmental Authority or any other taxing authority;

     (oo) "TECHNICAL INFORMATION" means those components of the IBR Technology
          which consist of all know-how, secret process techniques, processes,
          data and other information and other Intellectual Property (other than
          any Intellectual Property included in the Patents) which is owned by,
          or at the free disposal of, IBR on the date of this Agreement that is
          not covered by any patents or patent

                                       -6-
<PAGE>

          applications included in the Patents, but which is useful exclusively
          in, or relates exclusively to, the design, development, testing,
          registration, manufacture, use, marketing or sale of the IBR Plants
          save and except for Shearators(TM), all rights in respect of which are
          owned by Shearator Corporation; as described in Schedule J;

     (pp) "TERM" shall mean the term of this License Agreement, which shall
          commence on the Effective Date and terminate on the date occurring 40
          years thereafter;

     (qq) "TERRITORY" means the states of New York, New Jersey, Pennsylvania and
          Connecticut, United States of America;

     (rr) "TERRITORY LAWS" means all applicable laws, rules, regulations,
          by-laws, statutes and ordinances of the Territory affecting MOM, the
          Licensed Plant, the Organic Waste to be delivered to the Licensed
          Plant or the operation thereof and the sale of the Licensed Plant
          Product therefrom and including those affecting the rights of IBR
          hereunder in respect to the foregoing;

     (ss) "TERRITORY TAXES" means all Taxes exigible or applicable to IBR or MOM
          in the Territory, except taxes on the net income of IBR;

     (tt) "TIPPING FEES" means the amounts, by whatever name called, paid or
          payable to MOM or others on behalf of MOM, directly or indirectly, as
          compensation for the acceptance of Organic Waste or other waste at the
          Licensed Plant;

     (uu) "U.S. PRIME" means the rate of interest which Bank of America National
          Association charges on its loans to its commercial customers in New
          York.

1.2  Schedules - The Schedules attached to this Agreement and listed below form
     an integral and inseparable part hereof and shall have the same force and
     effect as if the information contained therein were contained in the body
     of this Agreement:

<TABLE>
<CAPTION>
Schedule   Title                               Section Reference
--------   -----                               -----------------
<S>        <C>                                 <C>
    A      Description of IBR Technology           Recital A

    B      Plant Location and Exclusive Area       Recital B

    C      IBR Equipment                         Section 1.1(1)

    D      Patents                              Section 1.1(ii)

    E      Infringement Provisions              Section 12.2(c)

    F      Form of Confidentiality Agreement      Section 15.5

    G      Dispute Resolution Provision            Article 20
</TABLE>

                                       -7-

<PAGE>

                                ARTICLE 2 - GRANT

2.1  License - Subject to compliance by MOM with the terms hereof, IBR hereby
     grants to MOM an exclusive license to use the IBR Technology for the
     construction and operation of the Licensed Plant and to use the Patents and
     Licensed Marks (IBR) solely for the operation of the Licensed Plant during
     the Term and for no other times and for no other purposes, all in
     accordance with the terms and conditions of this Agreement.

2.2  Sublicensing - MOM may not sublicense any of the rights granted to it in
     respect of the Licensed Plant pursuant to this Agreement, without the prior
     written consent of IBR, which consent shall not be unreasonably withheld if
     the assignment is made to an entity wholly owned by MOM which is operating
     the Licensed Plant and which has signed an agreement with IBR agreeing to
     be bound by all of the terms, covenants and conditions of the Agreement.

2.3  Reservation of Rights - IBR reserves all rights not expressly granted to
     MOM in this Agreement, and MOM acknowledges and agrees that IBR may license
     other entities to construct and operate IBR Plants or to use the Licensed
     Marks (IBR) in any and all locations except that while this Agreement or
     any renewal hereof is in force, IBR will not license any third party to
     construct or operate an IBR Plant located in the Exclusive Area.

2.4  Territorial Restrictions - Organic Waste - MOM shall not advertise for nor
     contract for the supply of Organic Waste originating from a geographical
     location other than within the Exclusive Area.

2.5  No Use of Corporate Name - MOM shall not use the acronym or initials "IBR"
     or the name "International Bio Recovery" nor shall it use any of the
     Licensed Marks (IBR), except as specifically provided in this Agreement or
     as may be agreed to in writing by IBR in its sole discretion.

2.6  Use of IBR Name - MOM shall, from time to time, use and display such of the
     Licensed Marks (IBR) as IBR may from time to time require MOM to use such
     Licensed Marks with respect to the description of the IBR Technology and
     process.

                      ARTICLE 3 - ACKNOWLEDGEMENT OF RIGHTS

3.1  Acknowledgement of Rights - MOM acknowledges that:

     (a)  IBR claims to be the sole and exclusive legal and beneficial owner of
          the IBR Technology;

     (b)  IBR is owner or has the rights to licence the use of the official
          patents and applications for registration of the Patents identified in
          Schedule D;

     (c)  IBR has published notice of the adoption of the Licensed Marks (IBR)
          as official marks or has applied for registration of the Licensed
          Marks (IBR);

                                       -8-

<PAGE>

     (d)  nothing in this Agreement gives MOM any right, title or interest in
          the IBR Technology or the Licensed Marks (IBR) except the limited
          right of MOM, when not in default hereunder, to use the IBR Technology
          for the sole purpose of the construction and operation of the Licensed
          Plant during the Term and while MOM is not in unremedied default
          hereunder; and

     (e)  any improvements by MOM of the IBR Technology, Patents or the Licensed
          Marks (IBR) enures to the benefit of IBR, but MOM shall have the right
          to a licence therein all as set out in Section 14.4 hereof.

3.2  No Attack - During the Term and any Renewal Term and after expiration of
     this Agreement or any Renewal Agreement, MOM shall not, directly or
     indirectly:

     (a)  dispute or contest, for any reason whatsoever, IBR's ownership of the
          IBR Technology, the Licensed Marks (IBR) or the Patents, or the
          validity or enforceability of any registration of any patents or
          patents pending in respect of the IBR Technology or any registration
          of the Licensed Marks (IBR), or any publication of notice of the
          adoption of any of the Licensed Marks (IBR);

     (b)  oppose any application for the registration of any patents now or
          hereafter comprising part of the IBR Technology, all of which MOM
          acknowledges and agrees are, as between MOM and IBR, the sole property
          of IBR;

     (c)  oppose any application for the registration of any Licensed Marks
          (IBR) or Patents;

     (d)  interfere with the use of the IBR Technology by IBR or any of its
          licensees, successors or assigns;

     (e)  depreciate or dilute the value of the goodwill attaching to the IBR
          Technology, the Patents or the Licensed Marks (IBR);

     (f)  take any action or omit to take any action which would result in a
          breach by MOM of any of the provisions of this Agreement; or

     (g)  counsel, procure or assist anyone else to do any of the foregoing.

3.3  Ownership of Plans and Specifications - The right, title and interest
     (including without limitation all copyright) in and to the Plans and
     Specifications shall remain the exclusive property of IBR. MOM shall only
     use the Plans and Specifications for the construction and operation of the
     Licensed Plant and not otherwise. Upon the expiration or termination of the
     obligations of IBR under this Agreement MOM shall cease to use the Plans
     and Specifications and MOM shall forthwith return all copies of the Plans
     and Specifications to IBR.

3.4  Cooperation - MOM shall cooperate with IBR for the purposes of securing and
     preserving all of IBR's rights in and to the IBR Technology, Licensed Marks
     (IBR)

                                       -9-

<PAGE>

     Patents and the Plant Product in the Territory. The securing and
     preservation of such rights shall be at IBR's cost.

3.5  IBR Technology - MOM acknowledges and agrees that the IBR Technology and
     all processes in connection therewith including, without restriction, all
     information and developments in respect of all Plant Product and the
     Licensed Plant Product, is proprietary to IBR and IBR is and shall be
     entitled to all reasonable protections to ensure that the IBR Technology is
     protected and is not available for unauthorized use by MOM or any other
     person.

3.6  MOM's Intellectual Property Obligations - Without limiting the generality
     of this Article 3, MOM covenants with IBR to perform the following
     obligations:

     (a)  MOM shall diligently protect all IBR Intellectual Property Rights in
          the Territory and ensure that its directors, officers and managers do
          not permit the export, disclosure or dissemination to others of the
          IBR Technology.

     (b)  MOM shall obtain at MOM's sole cost and expense all registrations and
          regulatory approvals necessary to exploit the IBR Technology and the
          construction and operation of the Licensed Plant in the Territory. IBR
          agrees to assist MOM in completing all such registrations and
          regulatory approvals as reasonably required, at MOM's expense.

                     ARTICLE 4 - ROYALTIES AND LICENCE FEES

4.1  Royalties - MOM shall pay to IBR at all times during the Term royalties
     (hereinafter "ROYALTY" or "ROYALTIES") equal to 6% of Gross Revenues in the
     manner and as calculated under Section 4.2.

4.2  Payment of Royalties - MOM shall calculate the Royalties for the licensed
     Plant on a three month quarterly basis, such calculation to be completed
     and forwarded to IBR within 20 days of the end of each such three month
     quarterly period. MOM shall pay to IBR the Royalties so calculated within
     30 days of the end of such three month quarterly period. All payments of
     Royalties hereunder shall be accompanied by MOM's statement showing details
     of all Gross Revenue, in such format and containing such information as is
     reasonably prescribed by IBR from time to time and certified by a public
     accountant acceptable to IBR.

4.3  Payment of Initial License Fee - MOM shall pay to IBR the $660,000 US
     Dollars for the Initial License Fee in full upon the execution by MOM of
     this Agreement.

                                      -10-
<PAGE>

                        ARTICLE 5 - TAXES AND WITHHOLDING

5.1  Taxes Imposed by Territory Laws - All amounts payable to IBR under or in
     accordance with this Agreement are exclusive of all Territory Taxes, all of
     which shall be paid by MOM in addition to the License Fees and Royalties
     and other amounts payable by MOM to IBR hereunder.

5.2  Place of Payment - All payments required to be paid to IBR will be paid in
     full to IBR in Vancouver, British Columbia, Canada.

5.3  No Withholding - MOM shall pay all License Fees, Royalties and other
     amounts payable to IBR free and clear of all offsets and deductions except
     for deductions IBR is required to remit under any laws of the government of
     Canada or any province of Canada.

                         ARTICLE 6 - TERM AND LAPSE DATE

6.1  Term - Subject to earlier termination under Sections 19.1 or 6.2, the term
     of this Agreement shall be for 40 years commencing on the Effective Date
     (the "TERM").

6.2  Lapse Date - MOM understands and agrees that if the Start-up Date does not
     occur prior to the Lapse Date, then subject to Force Majeure, IBR has the
     option to cancel this Licence Agreement by notice to MOM and upon the
     delivery of such notice this Agreement shall be of no further force and
     effect and MOM shall have no further rights hereunder.

                       ARTICLE 7 - STATEMENTS AND RECORDS

7.1  Statements / Records - MOM shall maintain full and complete records in
     respect of the Licensed Plant, including, without restriction, all Gross
     Revenue, input of Organic Waste, digestion, Tipping Fees collected,
     Licensed Plant Product produced and all information with respect to the
     production of Licensed Plant Product, all in such format and with such
     particulars as IBR may, from time to time reasonably request.

7.2  Quarterly Statements - MOM shall provide to IBR, within 30 days of the end
     of each quarter during the Term and each Renewal Term, and for two years
     thereafter a statement in such form as IBR may from time to time request,
     containing full and complete information relating to the Licensed Plant.

7.3  Access to Records - During the Term and for seven years following the
     termination of this Agreement, MOM shall keep at its principal place of
     business full, accurate and complete records and books of account relating
     to the operation of the Licensed Plant and the determination of all amounts
     payable to IBR pursuant to this Agreement, and shall make them available
     for inspection, examination and audit at all reasonable times by IBR or
     duly authorized independent accountants designated by IBR. In the event of
     such

                                      -11-

<PAGE>

     discrepancy, MOM shall immediately pay the unremitted royalty payments due
     to IBR and reimburse IBR for all of its costs, including the time spent by
     IBR's employees at market rates, incurred in connection with such
     inspections, examinations and audits.

                 ARTICLE 8 - IBR EQUIPMENT AND BACTERIA CULTURE

8.1  IBR Equipment - MOM agrees that it will purchase and use for the Licensed
     Plant, the Macerators and shearators as specified by or supplied-by IBR.

8.2  Pricing - All IBR Equipment shall be priced by IBR FOB Vancouver at IBR's
     published price list from time to time.

8.3  Other Equipment - Except for equipment which IBR specifies or as IBR may
     require, MOM may use any other materials or equipment which meet the
     performance specifications as supplied by IBR or its engineers.

8.4  Warranty - All IBR Equipment shall contain a one year parts warranty
     excluding those parts, as designated by IBR, that are susceptible to wear
     or which have a useful life of less than one year. The full limit of IBR's
     exposure and liability in respect of IBR Equipment will be to repair or
     replace any IBR Equipment which breaks down during this one year period
     within a reasonable time. In no event shall IBR be responsible for any
     other losses or damages as a result of failure of IBR Equipment and MOM
     hereby specifically make any and all claims to indirect or economic losses.

8.5  Non-Authorized Equipment - Should MOM elect to use equipment which is not
     supplied by or approved by IBR, MOM shall do so at its sole risk and IBR
     shall have no obligations to MOM or any other person in respect of the
     efficiency or operation of the Licensed Plant or the IBR Technology.

8.6  Supply of Bacteria Culture - IBR will supply, upon request by MOM forthwith
     after the Completion of Construction of the Initial IBR Plant, without
     cost, the bacteria culture which IBR then uses in the digestion of Organic
     Waste in IBR Plants. IBR shall provide a sufficient quantity of the
     bacteria culture for MOM to achieve commercial production of the Plant
     Product.

        ARTICLE 9 - EXPANSION OF THE LICENSED PLANT AND LICENSE FEES FOR
                                ADDITIONAL PLANTS

9.1  Right to Expand Plant Capacity - MOM, if not in default hereunder, shall
     have the right to expand the Capacity of the Licensed Plant on the
     following conditions:

     (a)  MOM shall provide notice to IBR at least 45 days prior to the
          commencement of any expansion of its intention to expand the Capacity
          of the Licensed Plant;

                                      -12-

<PAGE>

     (b)  MOM shall pay to IBR an expansion license fee per tonne of Capacity of
          the expansion equal to, if MOM commences the expansion prior to July
          1, 2005 of $1,500 US DOLLARS per tonne per day of expanded Capacity or
          if MOM commences the expansion on or after July 1, 2005, then the
          greater of $1500 US Dollars per tonne of Capacity and IBR's then
          current initial license fee per tonne of Capacity (in all cases at 8%
          solid content) at the date of foregoing notice, as calculated by IBR,
          together with any additional fees then charged by IBR and applicable
          for the expansion of a plant licence;

     (c)  The parties shall execute and deliver such modifications of this
          Agreement as are necessary to give effect to any increase in Capacity
          of the Initial IBR Plant, including without limitation providing for
          additional fees as contemplated herein and for revised Royalty Fees as
          the Parties may agree.

9.2  Demand for Additional Plants - MOM acknowledges and agrees that to the
     extent there is sufficient demand in the Exclusive Area for the
     construction of additional IBR Plants, which demand is substantiated by
     appropriate supply of Organic Waste at Tipping Fees which make the
     construction of the Additional IBR Plant "economically viable", then MOM
     may construct that Additional IBR Plant(s) to satisfy that demand. The
     determination of "economically viable" shall include the payment of license
     fees and royalities to IBR which are to be determined at the license fees
     and royalties set out in Section 9.5 and shall be determined on the basis
     that there will be no diminution in the supply of Organic Waste to the
     Initial IBR Plant. If MOM fails to commence to construct such Additional
     IBR Plant(s) within 180 days after notice from IBR that "economic
     viability" is achievable, notwithstanding anything else contained in this
     Agreement, IBR shall have the right to offer to any other person the right
     to construct and operate such additional IBR Plant.

9.3  Preconditions - It will be condition precedent to MOM's right to receive a
     license to build each additional IBR Plant in the Exclusive Area (an
     "ADDITIONAL IBR PLANT") that:

     (a)  MOM is not in material default under any of its agreements with IBR,
          including without limitation, this Agreement;

     (b)  MOM pays an Initial License Fee calculated in accordance with Section
          9.5 of this Agreement on signing of the license agreement in respect
          of the Additional IBR Plant and the first additional Plant Completion
          Date (as defined in Section 9.5) occurs in any event, by no later than
          December 31, 2007, after which time if not so completed all of MOM's
          rights to acquire any such licence shall expire.

9.4  Decision not to Construct - If MOM does not construct an Additional IBR
     Plant as contemplated by Section 9.2, IBR may grant the rights to build an
     Additional Plant in the Exclusive Area to any other Person under the same
     terms and conditions for Royalties and operations as IBR offered to MOM.

9.5  Future Plant License Fees - The parties acknowledge that IBR licence fee
     for plant Capacity will increase due to the increased sale value of the
     Licensed Plant Product. IBR

                                      -13-

<PAGE>

     agrees that it will charge the following License Fees for additional IBR
     Plants (or for additional Plant Capacity) which MOM applies to licence
     under this Agreement, which License Fees shall be the amounts set out below
     for the periods set out below:

<TABLE>
<CAPTION>
Period during which commencement Of    US Dollars Per Tonne
construction of the IBR Plant occurs        of Capacity
------------------------------------   --------------------
<S>                                    <C>
Up to earlier of December 31, 2004     $1,500 US dollars
and First Plant Completion Date        per tonne

From earlier of First Plant            $1,875 US dollars
Completion Date and January 1, 2005    per tonne
to earlier of Second Plant
Completion Date and June 30, 2006

From earlier of Second Plant           $2,345 US dollars
Completion Date and July 1, 2006 to    per tonne
earlier of Third Plant Completion
Date and December 31, 2007

From earlier of Third Plant            Maximum of $3520 and
Completion Date and January 1,         then current IBR
2008 to earlier of Fourth Plant        license fee
Completion Date and June 20, 2009

Thereafter                             Then current IBR
                                       license fee
</TABLE>

     Where a "PLANT COMPLETION DATE", is the date of Completion of Construction
     of each IBR Plant or expansion of Capacity of an existing IBR Plant
     licensed hereunder or otherwise to MOM, other than the Initial IBR Plant.
     Parties also agree that to the extent that IBR awards MOM the licence to
     construct and operate an IBR Plant in the State of Massachusetts, United
     States of America, and nothing herein or in any other documents gives MOM
     any rights in that regard, the applicable rate for the period set out above
     shall apply.

                            ARTICLE 10 - IBR SERVICES

10.1 Engineering Matters

     (a)  As soon as is reasonably practicable after the Effective Date, IBR
          shall provide to MOM the description and logic of the IBR Technology
          so that a qualified engineering company licensed to do business in the
          Territory is able to produce drawings and manuals for the construction
          and operation of the Licensed Plant.

     (b)  The engineering for the Licensed Plant may, at the election of MOM:

          (i)  be provided by MOM's engineers;

                                      -14-
<PAGE>

          (ii)  be a collaboration between MOM's engineers and IBR's engineers;
                or

          (iii) be done by IBR's engineers.

     (c)  MOM shall be responsible for all payments to IBR's engineers for any
          services provided by them to MOM at IBR's normal charge out rates plus
          expenses. MOM acknowledges that advance payments will be required in
          such amounts as the parties may agree.

     (d)  Subject to compliance by MOM with the terms hereof including, without
          restriction, all confidentiality requirements, IBR will authorize the
          IBR engineers to work with MOM.

10.2 Training - IBR shall provide training in English to personnel of MOM at the
     North Vancouver premises of IBR, to IBR's standard training schedule, or in
     such other form of training as the parties shall reasonably agree. The
     training shall be sufficient to render MOM fully capable of using the IBR
     Technology in the Licensed Plant and in the manufacture of the Product for
     sale in the Territory. All IBR training costs at the North Vancouver Plant
     shall be absorbed by IBR but all travel, transportation, lodging and meals
     shall be at the expense of MOM.

10.3 Supply Personnel - IBR will send one technical personnel, selected by IBR,
     to assist MOM in the construction and operation of the Licensed IBR Plant
     in the Territory, for a period of 90 consecutive days. MOM shall pay all
     business class transportation costs and all food, lodging and expense costs
     of such technician in the Territory and travelling to and from the
     Territory. IBR shall bear the salary costs.

10.4 Additional Services - IBR shall provide such additional technical and
     engineering services to MOM as the parties agree is necessary for the
     completion of the Licensed IBR Plant in the Territory from time to time.
     The cost of such Additional Services to be provided by IBR shall be borne
     by MOM. IBR shall also provide assistance to MOM, at its cost, for the
     purpose of MOM obtaining efficacy insurance.

10.5 Construction and Operation Assistance - IBR will, upon request, provide
     reasonable assistance to MOM in connection with the construction and
     operation of the Licensed Plant and IBR will be paid therefore the amounts
     referred to in Article 10.6(b) hereof.

10.6 Payment for IBR Services - MOM shall pay to IBR for assistance and services
     performed by IBR as follows:

     (a)  for IBR Free Services, no charge; and

     (b)  for the IBR Services, IBR's Cost as advised by IBR from time to time.

                                      -15-

<PAGE>

                             ARTICLE 11 - STANDARDS

11.1 Operating Standards and Quality Control - IBR and MOM acknowledge that the
     reputation and goodwill of IBR, the IBR Technology and Plant Product are
     further developed and enhanced by the successful commercial operation of
     IBR Plants, the production and sale of uniformly high quality Plant
     Product, and the satisfaction of customers who purchase such Plant Product.
     The uniformity of such high quality Plant Product is essential to the
     goodwill, success and public acceptance of IBR Technology and Plant
     Product. IBR and MOM acknowledge that, to foster and preserve such
     reputation and goodwill, it is necessary that any IBR Plant built and Plant
     Products produced by MOM be built or produced in a quality consistent with
     IBR's Plans and Specifications. Therefore, IBR and MOM agree as follows:

     (a)  MOM shall comply with IBR's technical specifications such that the
          Licensed Plant is built and Plant Products are produced in accordance
          with IBR's Plans and Specifications and other technical
          specifications, as they exist from time to time;

     (b)  MOM shall implement and adhere to the quality control procedures and
          systems established by IBR as may be updated or adjusted by IBR from
          time to time. MOM shall immediately rectify any deficiencies in the
          production or distribution procedures of MOM identified by IBR and
          reports to MOM.

     (c)  MOM shall from time to time at IBR's request provide IBR with samples
          of the Licensed Plant Product for quality control and growing trial
          purposes.

11.2 Construction of the Licensed Plant - MOM shall construct the Licensed Plant
     strictly in accordance with the Plans and Specifications and in accordance
     with all applicable Territory Laws. MOM shall ensure compliance with the
     Plans and Specifications is consistent with and in compliance with
     Territory Laws.

11.3 Commencement of Construction - MOM shall commence construction of the
     Licensed Plant as soon as practicable after the Effective Date and in any
     event within 240 days of the Effective Date and shall diligently pursue the
     construction thereof until the Licensed Plant is complete and fully
     operational, subject only to Force Majeure.

11.4 Operation of the Licensed Plant - Subject only to Force Majeure, MOM shall,
     from the date the Licensed Plant is operational, continuously operate the
     Licensed Plant at full Capacity throughout the whole of the Term, subject
     to the availability of Organic Waste and so long as no event of Force
     Majeure in respect of MOM exists and is continuing.

11.5 Inspections - MOM shall permit IBR or its authorized representatives to
     inspect the Licensed Plant and to view and observe the operations of the
     Licensed Plant during business hours and upon reasonable notice (which
     shall be deemed to be a minimum of 72 hours).

11.6 Plant, Storage and Distribution - MOM shall ensure that the Licensed Plant,
     the storage and distribution of Organic Waste, and all activities affecting
     the production, storage and sale of Licensed Plant Product are undertaken
     in accordance with all applicable Territory

                                      -16-
<PAGE>

     Laws. IBR shall be entitled to inspect the Licensed Plant in order to
     ensure that these requirements are maintained, and MOM shall correct
     deficiencies identified during those inspections within such reasonable
     time period as IBR may specify.

11.7 Packaging and Delivery Standards - MOM shall comply with IBR's packaging
     and delivery standards and specifications contained in IBR's Plans and
     Specifications from time to time, to ensure that the Licensed Plant
     Products are delivered to MOM's customers in a condition consistent with
     IBR's standards. MOM shall submit to IBR, in advance of any use by MOM,
     samples of all packaging to be used in the sale and distribution of the
     Licensed Plant Products.

                      ARTICLE 12 - PATENTS AND INFRINGEMENT

12.1 Patent Applications

     (a)  IBR shall be responsible for filing, prosecuting, and maintaining in
          force any and all patents and applications for patents relating to any
          element of the IBR Technology falling within the Patents (and filing
          such other applications or other documents as it considers may be
          reasonably necessary or appropriate to create, preserve or enforce any
          other Intellectual Property licensed pursuant to this Agreement). All
          patent and other applications filed or maintained in the Territory
          shall be filed and maintained in the name of IBR, at the cost of IBR.

     (b)  MOM hereby agrees that it will not at any time during or after the
          termination of this Agreement directly or indirectly challenge, or
          assist any Person in challenging nor permit any sublicense to
          challenge, any Patent or other Intellectual Property of IBR.

     (c)  IBR shall own and have carriage of applications and registrations for
          Intellectual Property Rights for IBR Technology and Improvements by
          IBR, including with respect to the preparation, filing, prosecution
          and maintenance of patent applications. IBR shall grant a perpetual
          and royalty free license to MOM for the use of the Improvements on the
          terms of this Agreement.

     (d)  Each Party shall cooperate with the other Party fully in the
          preparation, filing, prosecution and maintenance of any applications
          and registrations for rights to Intellectual Property under Section
          12.1 hereof, including executing all papers and instruments required
          in order to enable IBR to apply for, to prosecute and to maintain
          applications and registrations in any country. Each Party shall
          provide to the other prompt notice as to all matters which come to its
          attention and which may affect the preparation, filing, prosecution or
          maintenance of any such applications or registrations, and shall at
          all times keep the other fully and promptly informed of all
          developments in the preparation, filing, prosecution and maintenance
          of any such applications or registrations.

                                      -17-

<PAGE>

12.2 Enforcement:

     (a)  MOM shall promptly advise IBR in writing of any Infringement Action
          which comes to its attention;

     (b)  IBR may take any action in its own name to prevent or enjoin any such
          act, but shall have no obligation to take any action;

     (c)  The Parties agree to abide by the provisions of Schedule E hereto in
          respect of all Infringement Actions;

     (d)  IBR may settle any dispute relating to an Infringement Action without
          notice or compensation to MOM, and the proceeds of any settlement or
          proceeding shall be paid to IBR from which IBR will reimburse those
          monies spent by MOM.

12.3 Defence - IBR shall, in its discretion, be entitled to defend or take steps
     to settle any such claim, action or proceeding, but shall have no
     obligation to do so. MOM will provide all reasonable assistance, execute
     any document necessary, and provide any evidence and available information
     to IBR. If IBR chooses not to defend such claim, action or proceeding, MOM
     may do so at its expense and shall keep IBR fully apprised of all major
     steps in the litigation. MOM may not settle any such claim, action or
     proceeding without the consent of IBR.

                   ARTICLE 13 - REPRESENTATIONS AND WARRANTIES

13.1 MOM represents and warrants to IBR as follows and acknowledges that IBR is
     relying on such representations and warranties to enter this Agreement:

     (a)  MOM is duly organized and validly existing under the laws of the
          Commonwealth of Massachusetts and is authorized to conduct business
          and has the required licences to conduct business in the Territory
          with the requisite power and capacity to enter this Agreement;

     (b)  neither the entering of this Agreement nor the performance by MOM of
          its obligations under this Agreement will result in the violation of:

          (i)  any of the provisions of MOM's organization documents or bylaws,

          (ii) any contract to which MOM is a party or by which MOM is bound, or

          (iii) any laws of any jurisdiction to which MOM is subject; and

     (c)  MOM has, and will at all times during the Term have, the legal
          capacity to perform its obligations under this Agreement

13.2 IBR represents and warrants to MOM as follows and acknowledges that MOM is
     relying on such representations and warranties to enter this Agreement:

                                      -18-

<PAGE>

     (a)  IBR is duly incorporated, organized and validly subsisting under the
          laws of the British Columbia with the requisite power and capacity to
          enter this Agreement;

     (b)  neither the entering of this Agreement nor the performance by the IBR
          of its obligations under this Agreement will result in the violation
          of:

          (i)  any of the provisions of the IBR's constating documents or
               bylaws;

          (ii) any contracts to which IBR is a party or by which IBR is bound,
               or

          (iii) any laws of any jurisdiction to which IBR is subject; and

     (c)  IBR has, and will at all times during the Term have, the legal
          capacity to perform its obligations under this Agreement;

     (d)  IBR is the sole and exclusive legal and beneficial owner of the IBR
          Technology and has the rights to licence the IBR Technology in the
          Territory and that fee grant of the rights herein to MOM are free and
          clear of any liens, security interests or competing claims of which
          IBR is aware;

     (e)  none of the Patents, Licensed Marks, or the IBR Technology infringe
          any proprietary right of any other person of which IBR is aware: and,

     (f)  the IBR Technology is sufficient to operate an IBR Plant to the
          performance levels set out in the documents referred to in Schedule A
          hereto.

                ARTICLE 14 - UPGRADES OF INFORMATION/IMPROVEMENTS

14.1 Additional Information - IBR - IBR will provide to MOM such additional
     information as IBR may obtain over the years as a result of on going
     research conducted by IBR in the improvement of the IBR Technology. This
     information will be provided at no cost unless special equipment or
     services are required in which case the special equipment or services shall
     be provided at the prices charged from time to time by IBR to other
     licensees FOB Vancouver, British Columbia.

14.2 Additional Information - MOM - MOM agrees with IBR that MOM shall
     communicate in writing to IBR any and all modifications, adaptations,
     changes or improvements to the IBR Technology which may be introduced from
     time to time at the Licensed Plant and results of any growing trials using
     the Plant Product, whether conducted by MOM or any other Person under its
     control and to which MOM is entitled to the results.

14.3 Disclosure of Improvements - Each party agrees to promptly disclose to the
     other party any and all developments or improvements of the IBR Technology
     (whether or not patentable) and of the enhancements or improvements to the
     IBR Technology that it may develop or acquire during the term of this
     Agreement to the extent that such disclosure is not restricted or
     prohibited by law, by any undertaking given to, or any condition,

                                      -19-

<PAGE>

     restriction or restraint imposed by third parties, or by considerations
     relating to the validity of any patent in respect of which application is
     about to be made.

14.4 Ownership of Improvements - MOM agrees with IBR that any and all
     modifications, adaptations, changes and improvements introduced by MOM or
     its sub-licensees in respect of the IBR Technology shall forthwith become
     part of the IBR Technology and shall be the sole and exclusive property of
     IBR. IBR covenants and agrees to license to MOM the use of this enhanced
     IBR Technology at no cost to MOM.

14.5 Assignment of MOM's Rights - MOM hereby irrevocably and unconditionally
     assigns to IBR and agrees to communicate to IBR any and all new information
     or discoveries which MOM or its sub-licensees may discover in respect of
     the IBR Technology. MOM covenants and agrees to communicate to IBR any and
     all modifications, adaptations, changes or improvements to the IBR
     Technology or the Plant Product which may be introduced from time to time
     at the Licensed Plant.

14.6 Feed-back Licence - All developments or improvements of the IBR Technology
     developed by or famished by MOM and/or its sub-licensees to IBR shall be
     owned by IBR, and to perfect such ownership interest, MOM shall create all
     necessary transfers thereof to IBR. MOM shall have the royalty-free
     perpetual licence to use any Improvements to the IBR Technology developed
     by MOM in the design, construction, and operation IBR plants and exclusive
     royalty-free licence in manufacturing the Products solely within the
     Exclusive Area for the Licensed Plant on the terms of this Agreement.

              ARTICLE 15 - CONFIDENTIAL INFORMATION AND AGREEMENTS

15.1 Confidential Information - MOM acknowledges that this Agreement and the
     Confidential Information provided by IBR to MOM pursuant to or in
     connection with this Agreement or the IBR Technology comprises secret
     proprietary information, supplied in confidence, disclosure of which could
     reasonably be expected to prejudice significantly the competitive position
     or interfere significantly with the contractual or other negotiations of
     IBR, affect IBR's rights in respect of the IBR Technology, the Patents and
     in the Licensed Marks (IBR), or result in undue loss to IBR or undue gain
     to MOM. Accordingly, MOM shall keep confidential all such information of
     IBR and MOM may only make such information available to MOM's employees and
     consultants as are required to have access to the same in order for MOM to
     adequately use such information for the purposes for which it was
     furnished, and each of whom have first executed and MOM has delivered to
     IBR, Confidentiality Agreements.

15.2 Proprietary Information - The parties contemplate that IBR and MOM (each
     herein being a "RECEIVING PARTY") may from time to time in the performance
     of this Agreement disclose to each other certain Confidential Information,
     including the Technical Information, and other know-how, techniques and
     processes, and trade secrets. All such Confidential Information, know-how,
     techniques, processes and trade secrets shall remain proprietary to the
     disclosing party, as the case may be, subject, in the case of Confidential

                                      -20-

<PAGE>

     Information that constitutes Technical Information, to the rights granted
     to IBR under Section 16.1 and the other provisions of this Agreement.

15.3 Strict Confidence - Each Party agrees that all Confidential Information
     shall be received in strict confidence, shall be used and copied only for
     purposes of and in accordance with this Agreement, and that no Confidential
     Information shall be disclosed by the recipient to a non-Party, or to any
     Person other than a Representative of any such Party, and only on a need to
     know basis, without the prior written consent of the Party that owns or has
     disclosed such Confidential Information, except as may be required by
     reason of legal, accounting or regulatory requirements beyond the
     reasonable control of the Receiving Party.

15.4 Protection of Confidential Information - Each Party shall take no less than
     such actions to protect the Confidential Information received by it as it
     takes with respect to the protection of its own confidential and
     proprietary information. At a minimum, each Party shall take all
     appropriate steps to advise its employees, agents, sub-licensees and
     Representatives of the confidential nature of any Confidential Information
     received from any other Party and ensure that they abide by the
     restrictions in this Article 16 on its use, reproduction and disclosure.

15.5 Agreements - MOM shall upon request, execute and deliver to IBR
     confidentiality agreements in the form attached as Schedule F hereto with
     such changes as IBR may from time to time reasonably require (the
     "CONFIDENTIALITY AGREEMENTS") both from itself and any and all of such of
     its directors, officers, employees and consultants who may, at any time
     during the Term, obtain access to any information concerning the IBR
     Technology.

15.6 Injunctive Relief - The Parties agree that monetary damages would not be an
     adequate or sufficient remedy for a breach by any Party of the provisions
     of this Article 15 and that any non-breaching Party would be entitled to
     injunctive relief in the event of any such breach.

15.7 Disclosure of Confidential Information - In the event that any Receiving
     Party (as defined in Section 15.2) or its Representatives is required by
     law or policy or requested by legal process or a regulatory authority to
     disclose any Confidential Information, the Receiving Party will provide to
     the Disclosing Party prompt notice of such requirement or request so that
     the Disclosing Party may seek an appropriate protective order or waive
     compliance with the provisions of this requirement. If, in the absence of
     both a protective order and a waiver by the Disclosing Party, the Receiving
     Party or its Representatives in the reasonable opinion of its legal counsel
     is required by law or applicable regulatory policy to disclose any
     Confidential Information or stands liable for contempt or to suffer other
     censure or penalty if disclosure is not made, the Receiving Party or such
     Representatives may, without liability hereunder, disclose that portion of
     the Confidential Information, but only that portion, that the Receiving
     Party or such Representatives is so required to disclose.

                                      -21-

<PAGE>

15.8 Return of Confidential Information - Upon the expiration or earlier
     termination of this Agreement, the Receiving Party shall return to the
     Disclosing Party all documents furnished to the Receiving Party by the
     Disclosing Party or its Representatives constituting Confidential
     Information, without retaining copies thereof; and destroy all copies of
     all documents prepared by or on behalf of the Receiving Party or its
     Representatives containing Confidential Information, other than any
     documents so prepared by agents, financial and professional advisers of the
     Receiving Party and legal counsel and advisers to any of them (the
     "PROFESSIONAL REPRESENTATIVES") as to which such counsel determine, acting
     reasonably, that the destruction of such documents would be contrary to the
     best interests of the Professional Representatives; for this purpose, the
     prospective loss of business advantage through access to the Information
     shall not be a basis for the determination that destruction would be
     contrary to the best interests of the Professional Representatives.
     Documents which such counsel determine need not be destroyed and all copies
     thereof, shall be collected and maintained under the control of such
     counsel or a custodian chosen by such counsel and accepted by the parties
     hereto, who will allow access thereto only for the valid purposes
     consistent with this Agreement

15.9 Survival of Obligations - The obligations of each Party under this Article
     15 shall survive termination of this Agreement.

                   ARTICLE 16 - INDEMNIFICATION AND INSURANCE

16.1 Indemnification- Each Party shall indemnify and hold harmless the other
     Party and the Indemnified Parties against any and all claims, suits,
     actions, losses or damages which they may suffer or incur in connection
     with any claim arising out of, as a result of, or relating in any manner
     whatsoever to a breach by a Party of any covenant, representation or
     warranty hereunder.

16.2 Insurance Policies - Throughout the Term and for two years thereafter, MOM
     shall maintain:

     (a)  usual and customary comprehensive general liability insurance,
          including product liability insurance and business interruption
          insurance for 12 months;

     (b)  fire insurance for the full replacement cost of the Licensed Plant;
          and

     MOM shall obtain IBR's prior written approval of its insurance policies,
     which approval shall not be unreasonably withheld, prior to commencing
     MOM's activities pursuant to this Agreement. The insurance policies
     required hereby shall be written by responsible and recognized insurers
     qualified to do business in the Territory, shall name IBR as an additional
     insured, and shall provide that IBR receive 30 days' written notice prior
     to termination, expiration or cancellation of the policy or policies or any
     material change thereto.

16.3 Insurance Certificate - Prior to MOM commencing activity pursuant to this
     Agreement, and prior to the expiry of any insurance policy required hereby,
     MOM shall deliver to

                                      -22-
<PAGE>

     IBR a copy or certificate or other acceptable proof of such insurance
     policy or policies. At its option, IBR may require an increase, on two
     months' notice to MOM, of the minimum amount of liability insurance and the
     maximum deductible limits and may require different or additional kinds of
     insurance to reflect changes in insurance standards, normal business
     practices, higher court awards and other relevant circumstances.

16.4 IBR's Right to Obtain Coverage - If MOM at any time fails or refuses to
     maintain in effect any business interruption insurance coverage required by
     this Agreement or to furnish satisfactory evidence thereof, IBR at its
     exclusive option and in addition to its other rights and remedies hereunder
     may, but need not, obtain such insurance coverage on behalf of MOM, at the
     cost of MOM, and MOM shall promptly execute any documents required to
     obtain any such insurance and pay to IBR on demand any costs incurred and
     premiums paid by IBR.

                       ARTICLE 17 - INTENTIONALLY DELETED

                       ARTICLE 18 - CURRENCY AND INTEREST

18.1 Currency - Unless otherwise specified herein, all references to dollars
     shall be United States dollars.

18.2 Payment of Interest - The MOM covenants and agrees to pay to IBR Interest
     from the due date until the day of payment on all amounts not paid to IBR
     as and when required to be paid as provided in this Agreement.

18.3 Highest Lawful Rate - The Parties agree that it is their wish and agreement
     not to charge a rate of interest which exceeds the maximum legal rate of
     interest chargeable under Territory Laws and accordingly, the rate of
     Interest payable hereunder shall be equal to the lesser of:

     (a)  U.S. Prime plus 5% per annum, calculated and compounded monthly not in
          advance; and

     (b)  the maximum legal rate of interest per annum, calculated and
          compounded monthly not in advance permitted under the Territory Laws.

                            ARTICLE 19 - TERMINATION

19.1 Termination Upon Notice - IBR may terminate this Agreement forthwith upon
     written notice to MOM if:

                                      -23-

<PAGE>

     (a)  MOM is in breach of any of its obligations under this Agreement and
          fails to cure such breach within 30 days after written notice thereof
          from IBR to MOM or if the breach would require more than 30 days to
          cure, then if MOM fails to commence to cure the breach and diligently
          pursues the curing until the breach is cured;

     (b)  If MOM is in breach of any of its representations and warranties under
          this Agreement;

     (c)  MOM is unable to pay its debts when due or is insolvent, is ordered or
          adjudged to be bankrupt, is dissolved, liquidated or wound up.

19.2 Consequences of Termination or Expiration - In the event of the termination
     of this Agreement, MOM shall have no further rights to the IBR Technology.
     Upon termination or expiration of this Agreement, MOM shall:

     (a)  cease using the IBR Technology, the Patents or the Licensed Marks
          (IBR);

     (b)  at IBR's option and at MOM's expense, deliver to IBR all materials
          supplied by IBR including the Plans and Specifications in respect of
          the IBR Technology or the Licensed Marks (IBR) which are in MOM's
          possession or control;

     (c)  refrain from stating or implying that MOM or the Licensed Plant is
          licensed by IBR; and

     (d)  immediately pay all monies due to IBR.

19.3 Entry and Removal - In the event IBR terminates the rights of MOM under
     this Agreement, IBR shall have the right to enter the Licensed Plant during
     normal business hours and remove all IBR Equipment, the Plans and
     Specifications, signage, stationery and other materials referring to IBR.

19.4 Continuation of Obligations - At all times during the Term, both Parties
     shall in all respect be bound by the terms of this Agreement, and
     termination of this Agreement shall not relieve either Party of obligations
     that shall have accrued under this Agreement to the date of termination.

19.5 Survival of Covenants - Notwithstanding the expiration or termination of
     this Agreement for any reason whatsoever, all covenants and agreements to
     be performed or observed by MOM under this Agreement or which by their
     nature survive the expiration or termination of this Agreement shall
     survive any such expiration or termination.

                         ARTICLE 20 - DISPUTE RESOLUTION

Except for IBR's rights under Article 19, the Parties agree that during the term
of this Agreement, each of them shall make bona fide efforts to resolve any
dispute, disagreement,

                                      -24-

<PAGE>

claim or controversy by amicable negotiations, and failing agreement or
resolution within 10 days of the commencement of the dispute, disagreement,
claim or controversy in accordance with the dispute resolution mechanism of
Schedule G hereto.

                       ARTICLE 21 - INTENTIONALLY DELETED

         ARTICLE 22 - APPLICABLE LAW, JURISDICTION AND ENGLISH LANGUAGE

22.1 Applicable Law - This Agreement shall be governed by and construed and
     enforced in accordance with the laws of British Columbia, and the laws of
     Canada applicable therein, without giving effect to the conflict of laws
     rules thereof. The Parties hereby agree that the International Sale of
     Goods Act does not apply to this Agreement.

22.2 Jurisdiction - Legal proceedings commenced by any Party arising hereunder
     shall be brought exclusively in the courts sitting in the City of
     Vancouver, Province of British Columbia. Each Party irrevocably and
     unconditionally submits to the jurisdiction of such courts and agrees to
     take any and all future action necessary to submit to the jurisdiction of
     such courts. Each Party irrevocably waives any objection that it now has or
     hereafter may have to the laying of venue of any suit, action or proceeding
     brought in any such court and further irrevocably waives any claim that any
     such suit, action or proceeding brought in any such court has been brought
     in an inconvenient forum. Final judgment against any Party in any such suit
     shall be conclusive and may be enforced in other jurisdictions by suit on
     the judgment, a certified or true copy of which shall be conclusive
     evidence of the fact and the amount of any indebtedness or liability of
     such Party, or by appropriate proceedings under any applicable treaty or
     otherwise.

22.3 English Language - All communications between IBR and MOM, both incoming
     and outgoing, will be in the English language. This includes all letters,
     faxes, e-mails, telephone calls, reports, plans, drawings, studies and
     other communications whatsoever. It will be the sole responsibility of MOM
     and the Indemnifier and their respective directors, officers, servants and
     agents to undertake any and all necessary translations and to arrange for
     any workers, consultants or others who are not conversant in the English
     language to receive documents in languages they can understand. The sole
     responsibility of IBR will be to provide information in English. IBR shall
     have no obligation, moral or legal, to take notice of or respond to any
     communication which is not in the English language.

                               ARTICLE 23 - NOTICE

23.1 Notice - Any and all notices required or permitted to be given hereunder
     shall be in writing and may be delivered by personal delivery or registered
     mail to the parties at the addresses set out below or transmitted by
     facsimile to the facsimile numbers set out

                                      -25-

<PAGE>

     below and each notice shall only be effective when actually received
     provided that if receipt is on a non-business day in the location of
     receipt, receipt will be deemed to have occurred at 9:00 a.m. on the next
     succeeding business day at that location.

          If to IBR:

               International Bio Recovery Corporation
               52 Riverside Drive
               North Vancouver, British Columbia
               Canada V7H 1T4

               Attention: The President
               Facsimile No.: (604)924-1043

          with a copy to:

               Borden Ladner Gervais, LLP
               1200 Waterfront Centre
               200 Burrard Street
               Vancouver, British Columbia
               Canada V6X 1T2

               Attention: Mr. Ron L. Bozzer
               Facsimile No.: (604) 622-5834

          If to MOM:

               New York Bio-Recovery Corp.
               173 North Adams Street
               Manchester, New Hampshire
               U.S.A, 03104

               Attention: John Tucker
               Facsimile No.: 617-303-0103

          with a copy to:

               ECAP
               137 Newbury Street
               Seventh Floor
               Boston, Massachusetts
               U.S.A., 02116

               Attention: Bill Gildea
               Facsimile No.: 508-559-5066

23.2 Changes - Any party may change its address for receiving notice by giving
     notice thereof as provided in Section 23.1.

                                      -26-
<PAGE>

                           ARTICLE 24 - MISCELLANEOUS

24.1 Enforceability - If any provision of this Agreement is determined to be
     invalid, illegal or unenforceable as written, such provision shall be
     severed from this Agreement and the remainder of this Agreement shall be
     construed as if such invalid provision or part had been deleted from this
     Agreement and the remainder shall be enforced to the maximum extent
     permitted by applicable law.

24.2 Successors and Assigns - This Agreement shall enure to the benefit of and
     be binding upon the successors and permitted assigns of each party hereto.

24.3 Change of Control - Any change of control of MOM shall be deemed to be an
     assignment and the prior written consent thereto of IBR is required.

24.4 Force Majeure - If either party is unable to carry out its obligations
     under this Agreement for reasons of Force Majeure, that party shall give
     written notice and particulars immediately to the other party, and shall
     remedy the problem as soon as possible. The obligations of both Parties
     shall be suspended during the continuance of the Force Majeure.

24.5 Relationship of the Parties - The relationship between the parties is that
     of independent contractors. Nothing contained in this Agreement shall be
     deemed to create between the parties a partnership, association, joint
     venture or agency relationship of any kind and the parties specifically
     reject the creation of any such relationship.

24.6 Entire Agreement - This Agreement constitutes the entire agreement and
     understanding of the parties relating to the subject matter herein
     contained (except as to any obligation to sell the production from the
     Initial IBR Plant) and merges all prior and contemporaneous understandings,
     discussions, negotiations, commitments, representations, warranties and
     agreements, written or oral, express or implied, between them. None of the
     parties shall be bound by any definition, condition, warranty or
     representation relating to the subject matter herein contained other than
     as expressly stated in this Agreement.

24.7 Amendments - This Agreement may be amended, modified, released, discharged
     or abandoned only by an instrument executed by the duly authorized officers
     of the Parties.

24.8 No Contra Proferenturn Provision - This Agreement has been negotiated and
     approved by counsel on behalf of each of the Parties and, notwithstanding
     any rule or maxim of construction to the contrary, any ambiguity or
     uncertainty shall not be construed against a Party by reason of the
     authorship of any of the provisions hereof.

24.9 Time of the Essence - Time shall be of the essence in this Agreement.

24.10 Non-Assignment - No assignment by MOM, even if permitted, will relieve the
     assignor of its obligations hereunder. MOM may not assign this Agreement or
     sublet or assign any of its rights hereunder, in whole or in part, without
     the prior written consent of IBR, which consent may be arbitrarily
     withheld.

                                      -27-

<PAGE>

24.11 Further Assurances - The parties shall execute, acknowledge and deliver
     all such further assurances, instruments and documents and do all such
     other acts as may be necessary or appropriate in order to carry out the
     intent and purposes of this Agreement.

24.12 Signature by Facsimile and Counterparts - This Agreement may be signal by
     facsimile and in any number of counterparts, each of which when delivered
     shall be deemed to be an original and all of which together shall
     constitute one original document.

IN WITNESS WHEREOF THE PARTIES HAVE EXECUTED THIS LICENSE AGREEMENT THE DAY AND
YEAR FIRST ABOVE WRITTEN.

The Common Seal of                  )
INTERNATIONAL BIO RECOVERY          )
CORPORATION was hereunto duly       )
affixed in the presence of:         )   (C/S)
                                    )
                                    )
/s/ Ben Van Dijk                    )
----------------------------------- )
Ben Van Dijk, Chairman of the Board )
                                    )
                                    )
/s/ Elmer Friesen                   )
----------------------------------- )
Elmer Friesen, President & CEO      )

The Common Seal of                  )
MINING ORGANICS                     )
MANAGEMENT LLC was hereunto         )
duly affixed in the presence of:    )   (C/S)
                                    )
                                    )
/s/ John Tucker                     )
----------------------------------- )
John Tucker                         )
                                    )
                                    )
/s/ Bill Gildea                     )
------------------------------------)
Bill Gildea

NOTE: THE EXECUTION BY ALL THE PARTIES IS TO BE NOTARIZED.

                                      -28-

<PAGE>

                                   SCHEDULE A

               TABLE OF CONTENTS TO DESCRIPTION OF IBR TECHNOLOGY

                                   (RECITAL A)

                                      [*]

                                       A-l

<PAGE>

                                      [*]

                                      A-2

<PAGE>

                                   SCHEDULE B

                                 PLANT LOCATION

                                   (RECITAL B)

                               AND EXCLUSIVE AREA

                                 SECTION 1.1(H)

The Exclusive Area will be defined by a 31.25 mile radius circle, centered at
New York

                                      (MAP)

City Hall, downtown New York City.

                                       B-1

<PAGE>

                                   SCHEDULE C

                                (SECTION 1.1(I))

                                 IBR EQUIPMENT

                                      [*]

                                      C-1

<PAGE>

                                   SCHEDULE D

                                     PATENTS

                                (SECTION 1.1(II))

<TABLE>
<CAPTION>
                              COUNTRY/                 APPLN. NO./       PATENT NO./
                             CASE TYPE       STATUS    APPLN. DATE       PATENT DATE
                          ---------------   -------   --------------   --------------
<S>                       <C>               <C>       <C>              <C>
Bernhard Van Dyk           United States    Granted     08/532,493      5,660,766
Inventor(s): VAN DYK,     Ordinary Filing             Sept. 22, 1995    Aug. 26, 1977
Bernhard
AERATOR/SHEARATOR

Bernhard Van Dyk               Patent       Pending     CA96/00628
Inventor(s): VAN DYK,       Cooperation               Sept. 23, 1996
Bernhard                       Treaty
SUBMERSIBLE MIXING        Ordinary Filing
IMPELLER

Bernhard Van Dyk           United States    Pending     09/043,328
Inventor(s): VAN DYK,     Continuation in             Sept. 23, 1996
Bernhard                        Part
SUBMERSIBLE MIXING
IMPELLER

Bernhard Van Dyk               Canada       Pending     2,232,581
Inventor(s): VAN DYK,          Patent                 Sept. 23, 1996
Bernhard                    Cooperation
SUBMERSIBLE MIXING             Treaty
IMPELLER

Bernhard Van Dyk             Australia      Granted      69812/96         708143
Inventor(s): VAN DYK,          Patent                 Sept. 23, 1996    Nov. 11, 1999
Bernhard                    Cooperation
SUBMERSIBLE MIXING             Treaty
IMPELLER
</TABLE>

                                       D-1

<PAGE>

<TABLE>
<CAPTION>
                              COUNTRY/                  APPLN. NO./      PATENT NO./
                             CASE TYPE       STATUS     APPLN. DATE      PATENT DATE
                          ---------------   -------   --------------   --------------
<S>                       <C>               <C>       <C>              <C>
Bernhard Van Dyk          European Patent   Granted     96930921.0         0853594
Inventor(s): VAN DYK,          Office                 Sept. 23, 1996    May 31, 2000
Bernhard                  European Patent
SUBMERSIBLE MIXING          Application
IMPELLER

Bernhard Van Dyk           United States    Granted     09/043,328        6,126,150
Inventor(s): VAN DYK,       Continuation              Sept. 23, 1996    Oct. 3, 2000
Bernhard
SUBMERSIBLE MIXING
IMPELLER

Bernhard Van Dyk              Germany       Granted     96930921.0       DE69608694
Inventor(s): VAN DYK,         European                Sept. 23, 1996    May 31, 2000
Bernhard                       Patent
SUBMERSIBLE MIXING          Application
IMPELLER

Bernhard Van Dyk               France       Granted     96930921.0        0853594
Inventor(s): VAN DYK,         European                Sept. 23, 1996    May 31, 2000
Bernhard                       Patent
SUBMERSIBLE MIXING          Application
IMPELLER

Bernhard Van Dyk           United Kingdom   Granted     96930921.0         0853594
Inventors): VAN DYK,          European                Sept. 23, 1996    May 31, 2000
Bernhard                       Patent
SUBMERSIBLE MIXING          Application
IMPELLER

Bernhard Van Dyk               Sweden       General     96930921.0        0853594
Inventor(s): VAN DYK,         European                Sept. 23, 1996    May 31, 2000
Bernhard                       Patent
SUBMERSIBLE MIXING          Application
IMPELLER

Bernhard Van Dyk               Canada       Pending     2,321,404
Inventor(s): VAN DYK,         Ordinary                Sept. 29, 2000
Bernhard                       Filing
AIR FILTER SYSTEM
</TABLE>

                                       D-2

<PAGE>

<TABLE>
<CAPTION>
                              COUNTRY/                  APPLN. NO./     PATENT NO./
                             CASE TYPE       STATUS     APPLN. DATE     PATENT DATE
                          ---------------   -------   --------------   -------------
<S>                       <C>               <C>       <C>              <C>
Gerard Van Dyk                 Canada       Pending     2,327,150
Inventor(s): VAN DYK,     Ordinary Filing              Nov. 29, 2000
Gerard
APPARTUS FOR MIXING AND
AERATING LIQUID-SOLID
SLURRIES

Gerard Van Dyk                 Patent       Pending     CAOO/01432
Inventor(s): VAN DYK,       Cooperation                Nov. 29, 2000
Gerard                         Treaty
APPARTUS FOR MIXING AND   Ordinary Filing
AERATING LIQUID-SOLID
SLURRIES

Gerard Van Dijk            United States    Granted     09/949,152     US6,557,835B2
Inventor(s): VAN DIJK,    Continuation in              Sept. 7, 2001     May 6, 2003
Gerard                          Part
APPARTUS FOR MIXING AND
AERATING LIQUID-SOLID
SLURRIES

International                  Patent       Pending     CA01/01384
Bio-Recovery Corp.          Cooperation               Sept. 28, 2001
Inventor(s): VAN DYK,          Treaty
Bernhard                  Ordinary Filing
AIR FILTER SYSTEM
</TABLE>

                                       D-3
<PAGE>

                                   SCHEDULE E

                  PROCEDURE IN RESPECT OF INFRINGEMENT ACTIONS

                                (SECTION 14.2(C))

1.   Infringement Actions

     (a)  The Parties agree as follows with respect to defending Infringement
          Actions involving infringement claims by or against third parties:

          (i)  IBR shall have conduct and bear the cost of the defence for
               Actions threatened or instituted against MOM, IBR or any of its
               Affiliates or Representatives in the Territory in which it is
               claimed that the manufacture, use, of (or other licensed activity
               with respect to) any of the IBR Technology by MOM, or the use by
               MOM of any of the IBR Technology in connection with the design or
               assembly of IBR Plants or the manufacture, use, sale, offering
               for sale, importation, distribution of the Plant Product by MOM
               in accordance herewith infringes any patent or other Intellectual
               Property of a third party.

          (ii) Upon assumption of the conduct of the defence of an Infringement
               Action IBR shall promptly provide to MOM copies of all pleadings,
               applications, affidavits, settlement offers and other material
               filed in court or provided to it relating to such Infringement
               Action, unless, in the reasonably held view of counsel for IBR,
               circulation of such material may be prejudicial to the interests
               of the Parties.

          (iii) MOM may not settle or compromise any such Infringement Action
               nor consent to any injunction unless MOM has the prior written
               consent of IBR, which consent shall not be unreasonably withheld
               or delayed by IBR, unless the settlement or compromise is of a
               payment of money only and does not detrimentally affect the IBR
               Technology nor IBR.

          (iv) MOM shall be entitled to recover its direct costs and expenses
               from any Recoveries, and MOM shall forward the balance of
               Recoveries to IBR.

          (v)  Notwithstanding anything to the contrary contained in this
               Agreement, should MOM's exercise of its rights to the IBR
               Technology be determined by a court of competent jurisdiction in
               an Infringement Action to have infringed any third party
               Intellectual Property, IBR may terminate this Agreement upon 30
               days written notice to MOM PROVIDED that if during such period of
               30 days MOM procures the right from such third party to continue
               to exercise the rights granted for the IBR Technology, or the
               exercise of such rights is for any other reason not infringing
               the third

                                       E-1

<PAGE>

               party Intellectual Property, this Agreement shall not terminate
               upon such notice but shall remain in effect.

          (vi) IBR shall, notwithstanding anything contained in clauses (i) and
               (ii), be entitled, at its own expense, to appoint counsel and to
               conduct, on its behalf only, the defence of any such Infringement
               Action brought against IBR or MOM, or to, in any case,
               participate in any Infringement Action at its own expense with
               counsel of its own choosing.

     (b)  In the event a third party is allegedly infringing any of the Patents,
          the Improvements or the Technical Information, including, without
          limitation, any such allegation which may be made in connection with
          an Infringement Action, then the prosecution of any Actions against
          any such third party (an "IBR ENFORCEMENT ACTION") shall be handled as
          follows:

          (i)  Where the alleged infringement(s) complained of in any such IBR
               Enforcement Action, if proven, would infringe upon any of the
               rights granted to MOM pursuant to Article 2 of the Agreement
               (collectively, "MOM'S RIGHTS"), then MOM shall have the right
               (but not the obligation) to commence, conduct and shall, if it
               exercises such right, bear all expenses of such Action and IBR
               shall be entitled to receive copies of all pleadings,
               applications, affidavits, settlement offers and other material
               filed in court or provided to MOM with respect to any such IBR
               Enforcement Action. IBR shall, at MOM's request and expense, join
               as a claimant in any IBR Enforcement Action. MOM shall, at IBR's
               request, add IBR as a claimant in any such action for the purpose
               of any claims that IBR may have in respect of such alleged
               infringement.

          (ii) If MOM does not promptly and within 15 days of any request by IBR
               initiate an IBR Enforcement Action in respect of any alleged
               infringement which, if proven, would infringe upon any of MOM's
               Rights, IBR shall be entitled, upon written notice to MOM and at
               its own expense, to appoint counsel and to conduct, on its own
               behalf, the prosecution of such IBR Enforcement Action, and shall
               be entitled, in any case, to participate in any such IBR
               Enforcement Action at its own expense with counsel of its own
               choosing.

          (iii) Each Party shall cooperate with the other Party and its counsel
               in the conduct of any IBR Enforcement Action, including, without
               limitation, by: (i) where necessary, being a party to the
               proceedings; (ii) making any officer, employee or other Affiliate
               of such Party, as may be reasonably relevant, available, on
               reasonable notice, to be interviewed, examined or deposed or to
               give testimony in any proceeding; (iii) providing counsel of the
               other Party with all relevant documents; (iv) providing sworn or
               unsworn statements, affidavits, declarations and other pleadings
               necessary or appropriate to the conduct of any IBR Enforcement
               Action which can only reasonably be provided by them; and (v)
               responding promptly to any

                                       E-2

<PAGE>

               reasonable request related to the prosecution of any IBR
               Enforcement Action.

          (iv) MOM shall bear IBR's cost and expenses of the conduct of the
               prosecution of an IBR Enforcement Action under Section 1(b)(ii)
               of this Schedule.

          (v)  Where an IBR Enforcement Action is successful, the Party or
               Parties who have borne the cost of the prosecution of the same
               shall be entitled to recover all its costs and expenses from any
               Recoveries. Where MOM has had conduct of any IBR Enforcement
               Action, the balance of the Recoveries shall be paid out to IBR.
               Where IBR has had conduct of any such IBR Enforcement Action, the
               balance of any such Recoveries shall thereafter be retained by
               IBR.

          (vi) No IBR Enforcement Action shall be settled or compromised by MOM,
               nor shall any injunction be consented to by MOM, without the
               prior written consent of IBR, acting reasonably and without undue
               delay. IBR may take any actions or steps as it, in its own and
               absolute discretion, deems necessary or desirable with respect to
               any IBR Enforcement Action.

                                       E-3

<PAGE>

                                   SCHEDULE F

                       FORM OF CONFIDENTIALITY AGREEMENTS

          This Agreement is made this _____________ between ______________ (the
"COMPANY") with an office at _____________ and ____________________ (the
"EMPLOYEE") with an address at ___________________.

          WHEREAS, the Employee is or will become an employee of the Company and
in connection with the Employee's employment, the Employee has or will acquire
certain information (the "INFORMATION") regarding the Company and its products,
practices and business, part or all of which is confidential and proprietary.

          NOW, THEREFORE, in consideration of the Company continuing the
engagement of the Employee and other good and valuable consideration, the
parties agree as follows:

1. DISCLOSURE: The Company may disclose Information to the Employee, which
Information the Company considers in its discretion is required by the Employee
to perform the duties of the Employee as an employee of the Company (the
"DUTIES"). Nothing in this Agreement obligates the Company to make any
particular disclosure of Information.

2. PROPERTY: The Information will at all times remain the exclusive property of
the Company and the Employee will hold the Information in trust and confidence
for the Company. This Agreement does not grant to the Employee any interest,
license or right, by implication or otherwise, respecting the Information, other
than as expressly set out in this Agreement.

3. CONFIDENTIALITY: The Employee agrees to abide by the following rules with
respect to the Information:

     (a)  without the Company's prior written consent, the Employee will not use
          the Information in any manner except as reasonably required for the
          performance of the Duties and then, only for the benefit of the
          Company;

     (b)  the Employee will keep the Information in confidence and not disclose
          it to any of the Employee's Representatives (which for the purposes of
          this Agreement will include the Employee's agents, employees,
          representatives, managers, and financial, professional, legal and
          other advisors, and all entities affiliated with the Employee and the
          agents, employees, representatives, managers, affiliates and
          financial, professional, legal and other advisors of those affiliated
          entities), except to the extent necessary for the performance of the
          Duties, and the Employee will

                                       F-1

<PAGE>

          be responsible for any breaches of this Agreement by any of the
          Employee's Representatives;

     (c)  the Employee will not disclose or give access to the Information to
          any third parties, except with the Company's prior written consent;

     (d)  the Employee will inform any of the Employee's Representatives or
          third parties having access to the Information of its confidential
          nature and ensure that they maintain the confidentiality of the
          Information in accordance with the terms of this Agreement;

     (e)  if requested, the Employee will require any of the Employee's
          Representatives who have access to the Information, and any third
          person to whom the Information is disclosed with the Company consent,
          to sign a written confidentiality agreement in favour of the Company
          on terms and conditions substantially as set out in this Agreement and
          as approved by the Company in writing; and

     (f)  the Employee will not copy or reproduce any of the Information except
          as required to perform the Duties and the Employee will exactly
          replicate all copyright and other proprietary notifications on all
          copies or reproductions of the Information;

     (g)  the Employee will guard and monitor the Information with utmost care
          and diligence and handle the Information in accordance with the
          Company's policies and guidelines for the protection of the
          Information.

4. RETURN OF INFORMATION: Upon demand by the Company or termination of the
Employee's employment with the Company by either the Company or the Employee,
with or without cause, whichever is earlier, the Employee will immediately cease
use of the Information and return to the Company all copies, whether written, in
the form of computer data or otherwise, of the Information and all other
documents and materials prepared by the Employee or for the Employee which
include or refer to the Information and the Employee will delete all of the
Information from the Employee's computer system, retrieval systems and
databases. The Employee will require the Employee's Representatives and all
third parties to whom the Employee have provided Information to comply with this
paragraph and, if requested by the Company, the Employee will provide the
Company with a statutory declaration of the Employee confirming that the
Employee, the Employee's Representatives and those third parties have complied
with this paragraph.

5. NON-CONFIDENTIAL INFORMATION: The Employee's obligations under paragraphs 3
and 4 will not apply to Information:

     (a)  which at the time of disclosure by the Company to the Employee is
          readily available to the trade or to the public, or which subsequently
          becomes readily available to the trade or the public through no act or
          omission by the Employee;

                                       F-2
<PAGE>

     (b)  which is lawfully and in good faith obtained by the Employee from an
          independent third party without breach of this Agreement, as shown by
          evidence sufficient to establish the third party as the source of the
          Information, and not obtained by the third party from the Company; or

     (c)  which the Employee can show, by written records or other tangible
          evidence, was in the Employee's possession prior to the disclosure of
          that Information by the Company to the Employee.

6. DISCLOSURE REQUIRED BY LAW: The Employee will not be in breach of the
Employee's obligation not to disclose any of the Information if that disclosure
is required by law, a court order or similar proceedings, provided that the
Employee gives the Company as much notice as is reasonably possible in the
circumstances prior to disclosing any of the Information and the Employee
co-operates with the Company in any application, proceedings or other action the
Company may undertake to obtain a protective order or other means of protecting
the confidentiality of the Information required to be disclosed.

7. INDEMNIFICATION: The Employee acknowledges that the Information is the
Company's property and of economic value to the Company and that disclosure of
any of the Information to the Company's competitors or the general public would
be highly detrimental to the Company's best interests. The Employee agrees to
defend and hold the Company, its licensees, employees, officers and agents,
harmless against and from any loss or damage (including legal fees) incurred or
suffered by the Company, its licensees, employees, officers and agents and
caused directly or indirectly by the disclosure or use of the Information by the
Employee or any of the Employee's Representatives contrary to the terms of this
Agreement.

8. IRREPARABLE HARM: The Employee acknowledges that any breach of this Agreement
will cause the Company irreparable harm that cannot be reasonably or adequately
compensated in damages and agrees that the Company is entitled to injunctive and
other equitable relief to prevent the breach of this Agreement without in any
way waiving any of the Company's rights or remedies that the Company may have
for damages or otherwise.

9. NON-COMPETITION: The Employee covenants and agrees with the Company that the
Employee shall not for a period of two years from the date of this Agreement
(the "RESTRICTED PERIOD"), either alone or in partnership or in conjunction with
any person, firm, association, syndicate, corporation, joint venture,
partnership, limited partnership or entity other than the Company, as principal,
agent, general partner, limited partner, director, officer, trustee, investor,
shareholder, consultant, employee or in any other manner whatsoever, directly or
indirectly:

     (a)  carry on, be engaged in, be interested in, be concerned with, advise,
          consult, lend money to, or guarantee the debts or obligations of or
          permit the Employee's name or any part thereof to be used or employed
          by any business within the Territory of New York, New Jersey or
          Connecticut which is the same as or substantially similar to, or in
          any way competitive with, the Company;

                                       F-3

<PAGE>

     (b)  assist any person, whether in a financial, managerial, employment,
          advisory, as shareholder, owner, partner, providing information to or
          in any other capacity or manner, to engage in a business substantially
          similar to all or any part of the business carried on by the Company;

     (c)  divert, take, solicit, accept or attempt to divert or take, on behalf
          of the Employee or any other person, any customer or potential
          customer or supplier or potential supplier of the Company as of the
          date of this Agreement, the 12 month period prior to the date of this
          Agreement or during the Restricted Period;

     (d)  induce, influence or attempt to induce or influence, on behalf of the
          Employee or any other person, any person who is an employee of the
          Company as of the date of this Agreement, the 12 month period prior to
          the date of this Agreement or during the Restricted Period, to
          terminate his or her employment with the Company; or

     (e)  employ or offer to employ any person who is an employee of the Company
          or who was an employee of the Company as of the date of this
          Agreement, the 12 month period prior to the date of this Agreement or
          during the Restricted Period;

provided that the Employee may own, directly or indirectly, solely as an
investment, securities of any corporation that are publicly traded on a
recognized stock exchange or traded in an over-the-counter-market in Canada or
the United States, so long as the Employee does not own more than 5% of the
issued equity shares of the corporation or is not a member of a group that
controls the corporation.

10. NO DEPRIVATION OF LIVELIHOOD: The Employee hereby represents to the Company
that the observance of the terms of this Agreement will not deprive the Employee
of the ability of the Employee to earn a livelihood.

11. WAIVER OF MORAL RIGHTS: The Employee hereby waives and relinquishes in
favour of the Company and its successors, assignees and licensees "all moral",
"author's" and analogous rights to which the Employee may now or in the future
be entitled in connection with all works and future contributions thereto
created by the Employee in the performance of the Duties.

12. NOTICE OF BREACH: The Employee will promptly notify the Company of any
actual or threatened breach under any of the terms of this Agreement or any
unauthorized communication, disclosure or use of any of the Information of which
the Employee has actual knowledge.

13. TERM: This Agreement is for an indefinite term. Except with the Company's
prior written consent, the Employee's obligations under this Agreement will not
be in any way diminished or otherwise effected for any reason whatsoever,
including the completion or abandonment of the Duties or the purpose for which
the Employee has represented to the Company that the Information would be used
in connection with the Employee's employment by the Company or the breach or
termination of any other obligation in connection with the Employee's
employment.

                                       F-4

<PAGE>

14. FURTHER ASSURANCES: Each of the parties shall execute all further documents
and instruments and do all further and other things as may be necessary to
implement and carry out the terms of this Agreement.

15. CONSENT: Where the consent or approval of a party is required under this
Agreement, that party may give or refuse that consent or approval in its
absolute discretion, arbitrarily and without reason.

16. NON-WAIVER: No condoning, excusing or waiver by any party of any default,
breach or non-observance by any other party will operate as a waiver of that
party's rights in respect of any continuing or subsequent default, breach or
non-observance, or so as to defeat or affect in any way the rights of that party
in respect of any continuing or subsequent default, breach or non-observance,
and no waiver will be inferred from or implied by anything done or omitted to be
done by the party having those rights.

17. NO ASSIGNMENT: This Agreement may not be assigned by the Employee without
the prior written consent of the Company.

18. SEVERALBILITY: If any provision of this Agreement is held invalid or
unenforceable in accordance with its express terms in any legal proceeding in
any jurisdiction, it shall, as only to that jurisdiction, be separate, severable
and distinct from each and every other obligation or duty and shall not affect
the validity and enforceability of any other part of this Agreement.

19. GOVERNING LAW: This Agreement is governed by the applicable laws in the
State of New York.

20. SUBMISSION TO JURISDICTION: Each party attorns irrevocably and
unconditionally to the non-exclusive jurisdiction of the Courts of the Republic
of New York, and Courts entitled to hear appeals therefrom, in respect of any
action, suit or proceeding arising from, or relating to, this Agreement.

21. ENUREMENT: This Agreement shall enure to the benefit of and shall be binding
upon the parties and their respective heirs, executors, administrator,
successors and assigns.

22. FACSIMILE/COUNTERPARTS: This Agreement may be executed in one or more
counterparts or facsimile counterparts, each of which when executed and
delivered by facsimile or otherwise, shall be deemed to be an original, and all
of which together shall constitute one and the same document.

                                       F-5

<PAGE>

23. INDEPENDENT LEGAL ADVICE: The Employee acknowledges that the Company has
advised the Employee to obtain and has given the Employee sufficient opportunity
to obtain independent legal advice with respect to this Agreement prior to the
execution of this Agreement by the Employee.

          IN WITNESS WHEREOF this Agreement has been duly executed by each of
the parties hereto with effect as of the day and year first above written.

-------------------------------------

By:
    ---------------------------------
    Authorized Signatory

[THE EMPLOYEE]

-------------------------------------
Name

                                       F-6
<PAGE>

                                   SCHEDULE G

                         DISPUTE RESOLUTION PROVISIONS

                                  (SECTION 26)

(a)  MEDIATION

If any dispute, disagreement, claim or controversy arises between the Parties
out of any provision of the Agreement, except in relation to all patent and
intellectual property matters, which is not resolved under Article 19 of the
Agreement, and including any alleged breach of the Agreement (in each case, a
"DISPUTED MATTER"), such Disputed Matter shall be submitted to the following
mediation process:

     (i)  Internal Mediation. The Disputed Matter shall first be referred
          jointly to two designees, one of each of IBR and MOM. If such
          designees do not agree upon a decision within 7 days after referral of
          the matter to them, the Parties shall proceed to the next stage of the
          dispute resolution procedure.

     (ii) Outside Mediation. Upon written notice and within 7 days after the
          conclusion of the internal mediation described in Section (a)(i)
          above, providing neither IBR nor MOM has given notice that it elects
          to submit the Disputed Matter to arbitration pursuant to Section (b)
          hereof, either MOM or IBR may elect to utilize a non-binding dispute
          resolution procedure whereby each Party presents its case at a hearing
          (the "HEARING") before a panel consisting of a senior executive of
          MOM, a senior executive of IBR and a mutually acceptable neutral
          adviser. If MOM or IBR elects to utilize outside mediation, the other
          Party agrees to participate in such mediation, unless such other Party
          elects to submit the Disputed Matter to arbitration pursuant to
          Section (b) hereof. The Hearing will occur in Vancouver no more than 5
          days after MOM or IBR serves written notice to use outside mediation.
          Each Party may be represented at the Hearing by lawyers. If the matter
          cannot be resolved at such Hearing by the Parties, the neutral adviser
          may be asked by either IBR or MOM to assist in evaluating the
          strengths and weaknesses of each Party's position on the merits of the
          Disputed Matter. Within 5 days after the Hearing, the senior executive
          of MOM and the senior executive of IBR shall meet and try again to
          resolve the matter. If the matter cannot be resolved at such meeting,
          the Parties' only recourse is formal binding arbitration as provided
          for in Section (b) below. The outside mediation proceedings will have
          been without prejudice to the legal position of any affected Party.
          Each Party shall each bear their respective costs incurred in
          connection with this procedure, except that they shall share equally
          the fees and expenses of the neutral adviser and the costs of the
          facility for the Hearing.

                                      G-1

<PAGE>

(b)  ARBITRATION

Upon written notice and within 7 days after the conclusion of the internal
mediation described in Section (a)(i), either MOM or IBR may elect to submit the
Disputed Matter to arbitration. In any case, in the event that outside mediation
pursuant to Section (a)(ii) fails to resolve the Disputed Matter, such Disputed
Matter shall be submitted to, and determined by, arbitration. Each such
arbitration shall proceed in accordance with the rules then obtaining of the
British Columbia International Commercial Arbitration Centre ("BCICAC") insofar
as such rules are not inconsistent with the provisions expressly set forth in
this Agreement, unless the parties mutually agree otherwise, and pursuant to the
following procedures:

     (i)  Notice of the demand for arbitration shall be filed in writing with
          the other party to this Agreement and with the BCICAC.

     (ii) Such arbitration shall be conducted by a panel of three arbitrators
          appointed as follows: one arbitrator (the "MOM APPOINTEE") shall be
          appointed by MOM, one arbitrator (the "IBR APPOINTEE") shall be
          appointed by IBR and one arbitrator (the "INDEPENDENT ARBITRATOR")
          shall be jointly selected by the MOM Appointee and the IBR Appointee.
          MOM and IBR shall each appoint their respective Appointee within 7
          days after a Disputed Matter is submitted to arbitration. If the MOM
          Appointee and the IBR Appointee are unable to agree upon an
          Independent Arbitrator within 7 days after the appointment of the
          second of such Appointees to be appointed, then such Independent
          Arbitrator shall be appointed by the BCICAC, who shall be requested to
          appoint a person familiar with technology licenses and joint ventures
          in general, and preferably thermophylic digestion technology in
          particular.

     (iii) A determination by a majority of the panel of three arbitrators shall
          be binding on the Parties.

     (iv) Reasonable discovery shall be allowed in arbitration.

     (v)  The Parties shall be entitled to be represented at the arbitration by
          legal counsel and shall be entitled to adduce evidence.

     (vi) The governing law shall be as specified in the Agreement.

     (vii) Unless otherwise agreed by the Parties, all arbitration proceedings
          shall be held in Vancouver, British Columbia, Canada.

     (viii) Each Party agrees to comply with any award made in such proceeding
          that has become final and to the entry of a judgment in accordance
          with applicable Law in any court having jurisdiction thereof upon any
          award rendered in such proceeding that has become final.

     (ix) The decision of the arbitrators shall be tendered within 30 days of
          the final submission of the Parties in writing or in a hearing before
          the arbitrators.

                                       G-2

<PAGE>

     (x)  Each such arbitration award that has become final shall be conclusive
          and binding upon the Parties and shall not be appealable.

     (xi) Legal fees, costs and other out-of-pocket expenses may be awarded by
          the arbitrators in their discretion to the Party that prevails in any
          such arbitration, provided that each Party shall pay its own expenses
          pending the awarding thereof to the Party that prevails in any such
          arbitration.

The foregoing agreement to arbitrate shall be specifically enforceable and the
award rendered by the arbitrators shall be final and judgment may be entered
upon it in accordance with applicable law in any court having jurisdiction
thereof.

                                       G-3<PAGE>

                                                                   Exhibit 10.11

(INTERNATIONAL BIO-RECOVERY CORP. LOGO)

INTERNATIONAL BIO-RECOVERY CORP.
FOR A WORLD OF GROWTH

52 Riverside Drive   Tel: (604) 924-1023
North Vancouver BC   Fax: (604) 924-1043
Canada V7H 1T4

                                                                February 9, 2006
Mining Organics Management LLC/Converted Organics, Inc.
7A Commercial Wharf West
Boston, MA 02110

ATTN: MR. BILL GILDEA
      MR. JOHN WELGOLD

RE:  REVISION TO IBR PLANT LICENSE AGREEMENT (NEW YORK), DATED FOR REFERENCE
     JULY 15, 2003 NOTICE AND EXTENSION TO CONTRACT

Gentlemen,

This letter is in response to the Mining Organics Management LLC (MOM)/Converted
Organics, Inc. (COI) request for an extension to the above-noted Plant License
Agreement (PLA) and supercedes the letter dated December 29, 2005.

Under the above-noted PLA MOM/COI has until December 31, 2005 ("Lapse Date") to
construct and start continuous production of its first licensed plant. MOM
admits that it is unable under any circumstances to achieve that date. Unless
this Agreement is extended by mutual agreement, international Bio Recovery
Corporation (IBR) has the right to terminate the PLA.

IBR is agreeable to a one-time extension to the PLA., subject to your acceptance
of the following terms:

1.   "Lapse Date" will be extended to July 1, 2007.

2.   MOM/COI must commence construction of the Initial IBR Plant by August
     1, 2006, with a schedule of date-conforming completion milestones presented
     to IBR for approval by that time.

3.   MOM/COI will release IBR and covenant not to claim against IBR, for any
     actions by IBR to date, of any kind whatever, either of commission or
     omission, for any damages or losses.

4.   With reference to Article 9.4, if MOM does not construct an additional IBR
     plant as contemplated in Article 9.2, IBR may grant the rights to build an
     additional plant in the Exclusive Area to any other persons under any terms
     and conditions IBR chooses to offer.

5.   Article 9.5 will be amended so that the License Fees for additional IBR
     plants or additional plant capacity shall be the amounts set out below for
     the periods shown.

<TABLE>
<CAPTION>
                                               $ CDN CAPACITY (PER TONNE/DAY)
                                               ------------------------------
<S>                                            <C>
a.   First plant, if its development meets     No additional charge.
     the requirements of items 1 & 2 above.

b.   Second plant, if second PLA (or           $2,500 Cdn. per tonne/day
     expansion of first plant) executed
     before June 30, 2006 (unchanged date)

c.   Third plant, if completion date before    $3,900 Cdn. per tonne/day
     December 31, 2007

d.   Fourth plant, if completion date before   $5,800 Cdn. per tonne/day
     June 20, 2009
</TABLE>

                                                                     Page 1 of 4

<PAGE>

(INTERNATIONAL BIO-RECOVERY CORP. LOGO)

INTERNATIONAL BIO-RECOVERY CORP.
FOR A WORLD OF GROWTH

52 Riverside Drive   Tel: (604) 924-1023
North Vancouver BC   Fax: (604) 924-1043
Canada V7H 1T4

     Note that the above "second plant fee" is at 9% discount to that quoted in
     the original contract, as denoted in Canadian dollars. The subsequent plant
     fees are unchanged from the original contract amounts, as denoted in
     prevailing exchange rates for Canadian dollars at the date of the original
     Contract execution.

6.   The end product is only sold in the United States Eastern Seaboard region,
     including Florida (see Exhibit 1), and only under a registered trademark
     agreement covering the registered trademarks and names of Genica SG-100 for
     the solid fertilizer and Genica LC-200 for the liquid fertilizer.

7.   Genica has the first right of refusal to market all of MOM's end products
     upon payment to MOM of the price, and according to the terms, listed on
     MOM's then current price list: if MOM proposes to sell end products to a
     third party for a price lower or otherwise on terms more favorable than
     such published price and terms, Genica has the first right of refusal to
     market such products upon payment to MOM under existing Genica terms at the
     price and according to the terms proposed to the third party.

8.   MOM will pay to IBR for all growing trials results conducted by Genica,
     marketing analysis and conclusions prepared by Genica, the sum of $352,000
     CDN payable as follows.

          a.   $88,000 CDN dollars initial payment upon closing of the initial
               public offering planned by COI and;

          b.   The balance of $264,000 CDN dollars in and by 12 equal monthly
               installments in the amount of $22,000 CDN dollars (without
               interest except on default) payable on the first day of each of
               the months commencing 1 month after the initial payment and
               continuing for the next 11 consecutive months.

9.   MOM/COI will pay IBR $150,000 (CDN $) as a non-refundable deposit on a
     second PLA upon closing of the initial public offering planned by COI.

10.  In addition to the Royalties payable under the PLA, MOM/COI will pay IBR
     three percent (3%) of gross Plant Product revenues, including without
     limitation, total amounts paid or payable, directly or indirectly, to MOM
     in respect of the Genica products sold, except when those products are
     marketed through Genica in which case the 3% fee shall not be applicable
     and the expenses of Genica up to 10% shall apply.

11.  When requested by MOM and following Genica's acceptance of the marketing
     rights, then Genica's responsibilities will include the marketing program
     and responsibilities for the products at the plant's warehouse including
     arranging for:

          c.   Shipping & Handling

          d.   Insurance Coverage

          e.   Financing where required

          f.   Coordinated warehousing and storage

          g.   Purchasing excess production for resale

                                                                     Page 2 of 4

<PAGE>

(INTERNATIONAL BIO-RECOVERY CORP. LOGO)

INTERNATIONAL BIO-RECOVERY CORP.
FOR A WORLD OF GROWTH

52 Riverside Drive   Tel: (604) 924-1023
North Vancouver BC   Fax: (604) 924-1043
Canada V7H 1T4

     h.   On-going field testing in all potential markets

     i.   Developing markets and crop specific products to enhance sales and
          marketing efforts

     j.   Continuous research and development to improve products based on field
          conditions and other inputs.

The modified PLA shall hereafter be identified as "Modified IBR Plant License
Agreement (New York/New Jersey), dated for reference January 5, 2006".

Except for the above specifically noted changes, all terms of the original PLA
continue to apply.

IBR looks forward to working with you in your commitments to continue to move
forward the development of the first EATAD plant and welcomes your proposals for
follow-up plants.

Please acknowledge acceptance of these terms by having your authourized
signatories sign this letter and return it to IBR before February 10, 2006. The
PLA will be amended by incorporating these changes into a replacement
"Modification Agreement", to be prepared by our solicitors at your sole cost
(not to exceed $1,000 CDN).

These terms are accepted by:

/s/ William A. Gildea                      2.9.06
----------------------------------------   Date
William A. Gildea, Jr.
Mining Organics Management, LLC
Converted Organics, Inc

/s/ Elmer Friesen                          2.9.06
----------------------------------------   Date
Eimer Friesen, President
International Bio Recovery Corp.

/s/ Ben Van Dijk                            2.9.06
----------------------------------------   Date
Ben Van Dyk, Chairman
International Bio Recovery Corp.

                                                                     Page 3 of 4

<PAGE>

(INTERNATIONAL BIO-RECOVERY CORP. LOGO)

INTERNATIONAL BIO-RECOVERY CORP.
FOR A WORLD OF GROWTH

52 Riverside Drive   Tel: (604) 924-1023
North Vancouver BC   Fax: (604) 924-1043
Canada V7H 1T4

                                    EXHIBIT 1

                      UNITED STATES EASTERN SEABOARD REGION

                                      (MAP)

DEFINITION OF TERRITORY: The United States Eastern Seaboard Region to include
the Northeast States (Pennsylvania to Maine) and the South Atlantic States
(Maryland to Florida).(1)

----------
(1)  Final Report, IBRC Organic Fertilizers Technical and Market Assessment,
     Pages 35 - 36.

                                                                     Page 4 of 4

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