Document:

<PAGE>

                                                                    EXHIBIT 10.6

                                    ADDENDUM
                                    --------

         Addendum, made this ___ day of January 2004 to that certain Securities
Purchase Agreement dated December 23, 2003 by and between Alternate Energy Corp.
a Nevada corporation (the "COMPANY"), and the purchasers identified on the
signature pages hereto (each a "PURCHASER" and collectively the "Purchasers").

         For Good and Valuable consideration, the receipt of which is hereby
acknowledged the parties to the Securities Purchase Agreement amend such
agreement as follows:

1.       Paragraph 4.14 "Subsequent Equity Sales" is hereby deleted in its
         entirety.

         IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be
duly executed by their respective authorized signatories as of the date first
indicated above.

ALTERNATE ENERGY CORPORATION                          ADDRESS FOR NOTICE:
                                                      ------------------

By:_____________________________________              3325 North Service Road
     Name: Blaine Froats                              Unit 105
     Title: CEO                                       Burlington Ontario L7N 3G2
                                                      Canada
                                                      Fax: (905) 332-2068

With copy to (which shall not constitute notice):

JONATHAN D. LEINWAND, PA
Jonathan Leinwand, Esq.
12955 Biscayne Blvd., Suite 402
North Miami, FL 33181
Fax: (305) 981-4429)

                   [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK
                     SIGNATURE PAGES FOR PURCHASERS FOLLOW]

<PAGE>

          IN WITNESS WHEREOF, the undersigned have caused this Addendum to be
duly executed by their respective authorized signatories as of the date first
indicated above.

PURCHASER NAME:                                      ADDRESS FOR NOTICE:
                                                     ------------------

By: ____________________________________
         Name:
         Title:                                      Attn:

WITH A COPY TO:
--------------
                                                Feldman Weinstein LLP
                                                420 Lexington Avenue
                                                New York, New York 10170
                                                Attn:  Robert F. Charron
                                                Tel:  (212) 869-7000
                                                Fax:  (212) 401-4741<PAGE>

                                                                    EXHIBIT 10.7

                                    ADDENDUM
                                    --------

         Addendum, made this ___ day of January 2004 to that certain
Registration Rights Agreement dated December 23, 2003 by and between Alternate
Energy Corp. a Nevada corporation (the "COMPANY"), and the purchasers identified
on the signature pages hereto (each a "PURCHASER" and collectively the
"Purchasers").

         For Good and Valuable consideration, the receipt of which is hereby
acknowledged the parties to the Registration Rights Agreement amend such
agreement as follows:

1.       Paragraph 6(b) "No Piggyback on Registrations" shall be deleted in its
         entirety.
2.       Any references to the "date of the purchase agreement" or any other
         similar language shall mean the date of this addendum.

         IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be
duly executed by their respective authorized signatories as of the date first
indicated above.

ALTERNATE ENERGY CORPORATION                          ADDRESS FOR NOTICE:
                                                      ------------------

By:_____________________________________              3325 North Service Road
     Name: Blaine Froats                              Unit 105
     Title: CEO                                       Burlington Ontario L7N 3G2
                                                      Canada
                                                      Fax: (905) 332-2068

With copy to (which shall not constitute notice):

JONATHAN D. LEINWAND, PA
Jonathan Leinwand, Esq.
12955 Biscayne Blvd., Suite 402
North Miami, FL 33181
Fax: (305) 981-4429)

                   [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK
                     SIGNATURE PAGES FOR PURCHASERS FOLLOW]

<PAGE>

          IN WITNESS WHEREOF, the undersigned have caused this Addendum to be
duly executed by their respective authorized signatories as of the date first
indicated above.

PURCHASER NAME:                                      ADDRESS FOR NOTICE:
                                                     ------------------

By: ____________________________________
         Name:
         Title:                                      Attn:

WITH A COPY TO:
--------------
                                                 Feldman Weinstein LLP
                                                 420 Lexington Avenue
                                                 New York, New York 10170
                                                 Attn:  Robert F. Charron
                                                 Tel:  (212) 869-7000
                                                 Fax:  (212) 401-4741<PAGE>
EXHIBIT 10.8
                                                                VELOCITY
                                                         PRODUCT SOLUTIONS, INC.

September 25, 2003
Mr. Blaine Froats
Chairman & CEO
Alternate Energy Corporation
3325 North Service Road, unit 104
Burlington, Ontario L7N 3G2 VIA EMAIL                               CONFIDENTIAL

Dear Blaine,

RE: LETTER OF ENGAGEMENT FOR MARKETING COMMUNICATIONS AND MANUFACTURING
    CONSULTING MANAGEMENT SERVICES

As per our meeting yesterday, this letter shall confirm our arrangements for a
twelve (12) month consulting contract, effective October 1, 2003 through to
September 30, 2004, between Velocity Product Solutions Inc. (VPSI) and Alternate
Energy Corporation (AEC).

It is understood and acknowledged that VPSI is responsible for:

A)   Marketing and Communications:

     1)   Undertake and complete Market Studies and Analysis for AEC's new
          hydrogen technology, to determine which markets and organizations to
          target, in what priority by segment, R.O.I. and geographic potential,
          how and when to market to them and with what messaging and marketing
          tools,

     2)   Incorporate and develop a detailed Strategic Marketing Plan and Action
          Plan for the commercial launch of this new technology and/or products,
          as part of AEC's development of the full Business Plan,

     3)   Assemble and manage a database of key industry contacts (including
          existing non-investor AEC contacts in Business Development, Markets,
          Media etc),

     4)   Manage the communications for the company, including Public & Media
          Relations for key business markets (excluding Investor Relations, to
          be handled by Suzanne Brydon)

                                       1
<PAGE>

B)   Engineering, Production and Operations:

     1)   Work together with the existing senior Engineering group on the
          technology and product development,

     2)   Manage the product design development process,

     3)   Research and develop a complete Manufacturing and Operations Plan,
          examining all key options for production.

Payment for Services:
---------------------

AEC shall pay for these consulting and management services with the granting of
200,000 shares of free trading common stock (symbol ARGY) to Velocity Product
Solutions Inc., at no cost, upon the acceptance of this Engagement Letter, due
to transfer to VPSI's holding agent (name and details to be confirmed by VPSI
shortly). This transfer should be completed before October 3, 2003.

Terms:
------

1.   AEC will fully disclose and make available upon the written approval of
     this document for planning purposes all relevant background data, product
     testing and technology reports, budget, any available business plans,
     documents/notes and all relevant contacts and information to assist VPSI in
     undertaking achieving the goals of this project.

2.   Results of any evaluations and/or Business Plans that VPSI develops are the
     sole property of AEC.

3.   As per the September 24/03 signed AEC Non-Disclosure Agreement, VPSI agrees
     to keep confidential all information derived from the work and agrees not
     to use or disclose such information except:

     a)   for the purposes of this Agreement,

     b)   unless the information is publicly available or becomes publicly
          available through no fault of VPSI, or

     c)   as otherwise permitted by AEC in writing.

4.   Any required associates and/or suppliers will sign an AEC Non-Disclosure,
     Non-Use and Non- Compete Agreement.

5.   Indemnification: VPSI will not be held liable or responsible for punitive
     damages or claims of any kind, claimed by anyone against AEC, its owners or
     affiliates, or claims by AEC against VPSI based on the client-approved
     materials or supplied data, and/or VPSI recommendations.

6.   Any applicable GST and PST taxes are extra.

7.   All required VPSI travel expenses including airfare, accommodations, per
     diems, car rental, etc. are extra and billable to AEC. Expense Estimates
     will be sent for AEC approval for any required travel/production/out of
     pocket expenses. Expense invoices are due for payment within 30 days of
     invoice date.

                                       2
<PAGE>

8.   Both AEC and VPSI shall have a thirty (30) day cancellation clause, and may
     cancel for any reason with any outstanding expenses to be reimbursed by AEC
     within 30 days.

Upon review and acceptance, please sign one copy (see below) and fax this to our
attention at your earliest convenience (VPSI fax # 416-482-9017).

Blaine, thank you for this exciting, challenging opportunity to help grow the
AEC business.

We look forward to a very successful, long term and rewarding relationship.

Sincerely,

/s/ LYLE GOODIS                    /s/ CORBEE DUTCHBURN

Lyle Goodis                        Corbee Dutchburn
Partner                            Partner

--------------------------------------------------------------------------------
                    ACCEPTANCE OF THIS LETTER OF ENGAGEMENT
                      Accepted entirely as written above.

                                             Date:
---------------------------------                  -------------------
Mr. Blaine Froats
Chairman & CEO
Alternate Energy Corporation
3325 North Service Road, unit 104
Burlington, Ontario, Canada L7N 3G2
--------------------------------------------------------------------------------

                                       3

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