Document:

Exhibit 10.2

    

Exhibit 10.2

    TECHNOLOGY
LICENSE

    and

    DISTRIBUTION
AGREEMENT

    

    THIS TECHNOLOGY LICENSE and
DISTRIBUTION AGREEMENT is made as of the   1st day of
August, 2008 by and between SMITH YOUNG AND ASSOCIATES, INC., a Colorado
Corporation, its successors, affiliates, and assigns,  Morton Weisbrot
an individual residing in the State of Arizona, his successors, and assigns
(hereinafter all collectively referred to as the "Licensee") and, FUEL CONCEPTS
LLC, an Ohio Limited Liability Company, its successors, affiliates, and assigns
("Licensor") (hereinafter all collectively referred to as the “Licensor” or
“Owner”). Sometimes referred to herein collectively as “the
parties”.

    

    In consideration of the
representations, warranties and mutual promises set forth herein, the parties
agree as follows:

    

    1.           Owner
grants to Licensee, for a period of five (5) years from the date of the
effective date of this agreement (the “Initial Term”), the exclusive rights to
manufacture, sell and distribute one hundred percent (100%) of all design,
methods, materials, devices, utility, and know how embodied in UNITED STATES
PATENT: 7117859 including but not limited to any other alterations, amendments,
supplemental filings, whether now known or hereafter known, devise or
contrivance of any type, character or design, embodied in or would be added to
UNITED STATES PATENT: 7117859 as set forth on Exhibit A , attached
hereto and incorporated herein (hereinafter referred to as the “Technology”).
This Exclusive License shall be both wold-wide and throughout the universe,
whether known or yet unknown (the “Territory”). Owner grants to Licensee three
(3) separate options to extend the term for further periods of five (5) years
each ("Option Periods"), each upon the same terms and conditions applicable to
the Initial Period, except as otherwise hereinafter set forth.  The
Initial Period and every Option Period for which Licensee has exercised its
option are hereinafter sometimes referred to together as "the
Term".  Each option shall be exercised, if at all, by notice to Owner
at least sixty (60) days prior to the date the Term would otherwise
expire.

     

                 
a.           Licensee
shall have the exclusive right to release, sell manufacture and distribute
products embodying the Technology throughout the Territory, as defined in this
Section 1, under its trade name; to use (including publish) the names (including
all professional, assumed or fictitious names), likenesses, photographs and
biographical and technical material of any party, including Owner, rendering
services hereunder or related to the products embodying the Technology; and
to publicly promote the Technology by means of  the internet, radio
broadcast, television broadcast, cable transmission or any other method now or
hereafter known including new technologies.

    
             
b.           Except as
provided in this Agreement, all other rights of any nature in the aforementioned
Technology are reserved by Owner.  All drawing, designs, patents or
duplicates thereof of the Technology covered hereunder, and all copyrights shall
remain the sole and exclusive property of Owner, subject to the rights granted
to Licensee herein.

    

    2.           Licensee
shall enter into an Exclusive Manufacturing Agreement with Owner for the
manufacturing, packaging and shipping of the products covered under this
Agreement as forth in
Exhibit B attached hereto and incorporated herein.

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    3.          
 Licensee shall market and release for distribution products embodying the
Technology, as defined in Section 1 of this Agreement, in the United States
within one hundred-eighty (180) days of Owner's delivery of the Licensed
materials set-forth in Section 8 of this Agreement.  Licensee will
market and release for distribution products embodying the Technology in the
major foreign territories (such as Canada, Western Europe, U.K.) as warranted by
demand of foreign buyers.

     

    4.          
As consideration for this Agreement, Licensee shall pay to Owner 1,000,000
shares of Licensee’s $.001 par value common
stock. The Shares shall be fully paid for and non-assessable when issued and
shall bear a restrictive legend  in
accordance with the rules and regulations of the United States Securities and
Exchange Commission.

    

    5.           As additional consideration
for this Agreement, Licensee shall pay to Owner a royalty of Forty ($40.00) US
Dollars and Zero cents from “Net
Receipts” on all
sales over and above Six Thousand (6,000) units per calendar year of products
embodying the Technology.  This royalty shall be paid out of
the net receipts from the sales of products covered under this
Agreement.  Licensee's "net receipts" are defined as actual revenue
derived and collected from the sale of products sold at Licensee's wholesale
price less hard costs for manufacturing.  No Owner royalty shall be
paid in connection with free or promotional goods. "Hard costs" means
all costs incurred with respect to the manufacture, distribution and sale
of products embodying the Technology including without limitation, graphic
design, artwork, printing, including proofs and color separations, physical
manufacturing and duplication, packaging and shipping of said products. Hard
costs do not include warehousing, accounting, distribution and internet,
television, radio and retail advertising, marketing and promotion.

     

              a.           Royalties
in respect of sales of products embodying the Technology outside the United
States shall be computed in the same national currency as Licensee is accounted
to by its licensees and shall be paid to Owner at the same rate of exchange as
Licensee is paid.  It is understood that such royalties will not be
due and payable until payment thereof or credit therefore against advances
previously taken is received by Licensee in the United States of
America.  In the event Licensee is unable to receive payment in United
States dollars in the United States due to governmental regulations,
royalties therefore shall not be credited to Owner's account during the
continuance of such inability except that (i) if any accounting rendered to
Owner hereunder during the continuance of such inability shows Owner's account
to be in a credit position, Licensee will, after Owner's request and at Owner's
expense, if Licensee is able to do so, deposit such royalties to Owner's credit
in the applicable foreign currency in a foreign depository, or (ii) if the
royalties are not credited to Owner's account exceed the amount, if any, by
which Owner's account is in a debit position, then Licensee will, after Owner's
request and at Owner's expense, and if Licensee is able to do so, deposit such
excess royalties to Owner's credit in the applicable foreign currency in a
foreign depository.  Deposit as aforesaid shall fulfill Licensee's
obligations under this Agreement as to record sales to which such royalty
payments are applicable.

    

    6.           Statements
as to royalties payable hereunder shall be sent by Licensee to Owner within
Thirty (30) days after the receipt of manufactured product at Licensee’s
warehouse from the manufacture. Concurrently with the rendition of each
statement, Licensee shall pay Owner all royalties shown to be due by such
statement. No statements need be rendered by Licensee for any such period after
the expiration of the Term hereof for which there are no sales of product
derived from the license hereunder.  All payments shall be made to the
order of Owner and shall be sent to Owner at Owner's address contained in this
Agreement.  Licensee shall be entitled to maintain a single account
with respect to all product sales subject to this or any other agreement. Owner
shall be deemed to have consented to all accountings rendered by Licensee
hereunder and said accountings shall be binding upon Owner and shall not be
subject to any objection by Owner for any reason unless specific objection, in
writing, stating the basis thereof, is given to Licensee within one (1) year
after the date rendered, and after such written objection, unless suit is
instituted within eighteen (18) months after the date upon which Licensee
notifies Owner that it denies the validity of the objection.

    
 

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

          
7.           Owner shall
have the right at Owner's sole cost and expense to appoint a Certified Public
Accountant or attorney who is not then currently engaged in an outstanding audit
of Licensee to examine and copy Licensee's books and records as same pertain to
sales of the Technology subject hereto, provided that any such examination shall
be for a reasonable duration and shall take place at Licensee's offices during
normal business hours on one (1) month prior written notice and shall not occur
more than once in any calendar year.

    

             
(a)           Notwithstanding
anything to the contrary contained herein, if Licensee notifies Owner that the
Certified Public Accountant designated by Owner to conduct an audit hereunder is
engaged in an outstanding audit of Licensee on behalf of another person ("Other
Audit"), Owner may nevertheless have Owner's audit conducted by such accountant,
and the running of the time within which such audit may be made shall be
suspended until such accountant has completed the Other Audit, subject to the
following conditions:

    

    i)  Owner shall notify
Licensee of Owner's election to that effect within fifteen (15) days after the
date of Licensee's said notice to Owner;

    

    ii)  Owner's accountant shall
proceed in a reasonable continuous and expeditious manner to complete the Other
Audit and render the final report thereon to the client and Licensee;
and

    

        iii)  Owner's
audit shall not be commenced by Owner's accountant before the delivery to
Licensee of the final report on the Other Audit, shall be commenced within
thirty (30) days thereafter, and shall be conducted in a reasonable continuous
manner.

    

         
(b)           The
provisions hereunder will not apply if Licensee elects to waive said provisions
which require that Owner's accountant shall not be engaged in any Other
Audit.

    

     8.    Owner shall provide Licensee as
part of Owner's delivery obligation hereunder, copies
of the original patent, including all revisions thereof, photographs, rendering,
drawings, training materials, technical support documentation and other artwork
necessary to enable Licensee to produce all technical support, training, sales, marketing,
advertising and promotional material for the distribution and sale of the
Technology.

    

     9.           Owner
represents and warrants to Licensee that Owner is under no restriction,
contractual or otherwise, with respect to his right or capacity to enter into or
execute this contract.  Owner further represents and warrants to
Licensee, with respect to any and all materials delivered to Licensee in
connection with this Agreement, that Owner owns said materials or has otherwise
obtained all pertinent rights associated with said materials and has paid any
and all license fees or  royalties due, or any and all fees and costs
required to be paid in connection with any contractual agreements, applicable
statutes or comparable law of any other jurisdiction regulating the rights and
uses of said materials, including but not limited to Patent and Copyright laws
of the United States of America.  Owner indemnifies and holds Licensee
harmless from and against any and all claims, threats, suits, penalties,
liabilities, costs, including without limitation legal fees, costs,
disbursements, incurred, suffered or expended by or threatened against Licensee
pursuant to this Agreement and any claim of infringement or copyright or
trademark, or of any claim for royalties or fees due pursuant to applicable laws
of the United States of America, or any other statutes or comparable law of any
other jurisdiction regulating the rights and uses of recorded and printed
materials.

     

    
 

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    10.         Licensee
represents and warrants to Owner that Licensee is under no restriction,
contractual or otherwise, with respect to Licensee's right and capacity to enter
into and execute this Agreement, and that Licensee has full right and authority
to make the commitments made by Licensee under this Agreement.  With
respect to any and all materials prepared by Licensee, and not supplied by
Owner, to be used in connection with Licensee's fulfillment of its
responsibilities under this Agreement, Licensee represents and warrants to Owner
that Licensee owns such materials or has otherwise obtained all pertinent rights
associated with such materials, including any and all payments required to be
made in connection with Licensee's use of such materials.  With
respect to Licensee's representations and warranties, Licensee indemnifies and
holds Owner harmless from and against any and all claims, threats, suits,
penalties, liabilities, costs, including without limitation legal fees, costs
and disbursements, incurred, suffered, or expended by or threatened
against Owner pursuant to this Agreement and any claim of infringement of
copyright or trademark, or of any claim for payments pursuant to contract, or
applicable laws of the United States of America, or any other statutes or
comparable law of any other jurisdiction regulating the rights and use of such
materials.

    

    11.         Licensee
shall be entitled to sell and distribute, for a period of twelve (12) months
following the termination of this Agreement, all products covered hereunder in
Licensee's possession prior to such termination.  At any time during
the term of this Agreement, including the twelve-month period referred to above,
Owner may purchase from Licensee, at wholesale price less royalty, a reasonable
quantity of products for resale.

    

    12.         During
the term of this Agreement, Licensee purchase and maintain a policy or policies
of comprehensive product liability insurance. Such insurance
shall  afford minimum protection of not less than Two Million Dollars
($2,000,000) single limit coverage of bodily injury, property damage or
combination thereof. Owner shall be listed as an additional insured on
Licensee’s policy or policies of comprehensive product liability insurance,
Licensee shall provide Owner with current Certificates of Insurance evidencing
Licensee’s compliance with this Paragraph.

    

    

    13.         This
Agreement may be terminated only:

     

               
  (a)  By either party for substantial breach of any material
provision of this Agreement by the other, provided due notice has been given to
the other of the alleged breach and such other party has not cured the breach

          within
thirty (30) days thereof; or

     

                                 
(b)  By Owner:

     

            (i) If Licensee ceases to function as a
going concern or makes an assignment for the benefit of creditors; if a petition
in bankruptcy is filed by or against the Licensee, resulting in an adjudication
of 

                     
bankruptcy;

     

              (c)    By
Licensee:

     

                    (i)      If Owner
ceases to function as a going concern or makes an assignment for the benefit of
creditors; if a petition in bankruptcy is filed by or against the Licensee,
resulting in an adjudication of 

                  bankruptcy;

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     
(d)  Upon termination of this Agreement all further rights and
obligations of the parties shall cease, except that Licensee shall not be
relieved of (i) its obligation to pay any moines due, or to become due, as of or
after 

     
the date of termination, and (ii) any other obligation set forth in this
Agreement which is to take effect after the date of termination.

     

    

    14.         MISCELLANEOUS

     

    (a)          Counterparts. This Agreement may be
signed in one or more counterparts with the sameeffect as if
the   signatures to each counterpart were upon a single
instrument, and all suchcounterparts together shall

       be
deemed an original of this Agreement.  Delivery of an executed
counterpart of the signature to this Agreement by telecopy shall be effective as
delivery of a manually executed counterpart of this Agreement.

    

    
      	
               
      

            	
              (b)

            	
              Choice of Law; Venue;
      Jurisdiction; Attorneys’ Fees. The parties
      acknowledge and agree that this Agreement has been made in Arizona, and
      that it shall be governed by, construed, and enforced
      in  accordance with the laws of the State of Arizona, without
      reference to its conflicts of laws principles.  The parties also
      acknowledge and agree that any action or proceeding arising out of or
      relating to this Agreement or the enforcement thereof shall be brought in
      the Maricopa County Superior Court, and each of the parties irrevocably
      submits to the exclusive jurisdiction of that Court in any such action or
      proceeding, waives any objection the party may now or hereafter have to
      venue or to convenience of forum, agrees that all claims in respect
      of such action or proceeding shall be heard and determined only in that
      Court, and agrees not to bring any action or proceeding arising out of or
      relating to this Agreement or the enforcement hereof in any other
      court.  The parties also acknowledge and agree that either or
      both of them may file a copy of this paragraph with any court as written
      evidence of the knowing, voluntary and bargained agreement between the
      parties irrevocably to waive any objections to venue or convenience of
      forum, or to personal or subject matter jurisdiction.  The
      parties also acknowledge and agree that any action or proceeding referred
      to above may be served on any party anywhere in the world without any
      objection thereto.  The parties also acknowledge and agree that the
      prevailing party in any such action or proceeding shall be awarded the
      party’s reasonable attorneys’ fees and costs (including, but not limited
      to, costs of court).

            

    

    

    
      	
               
      

            	
              (c)

            	
              Fair
      Meaning.  The parties agree that the wording of this
      Agreement shall be construed as a whole according to its fair meaning, and
      not strictly for or against any of the parties to this Agreement,
      including the party responsible for drafting the
  Agreement.

            

    

    

    
      	
               
      

            	
              (d)

            	
              Entire
      Agreement.  The parties declare and represent that no
      promise, inducement or agreement not herein expressed has been made, and
      that this Agreement constitutes the entire Agreement between the parties,
      and supersedes all prior negotiations, proposed agreements, or
      understandings, if any, between the parties concerning any of the
      provisions or contents of this
Agreement.

            

    

     

    (e)         Mutual Drafting. The parties hereto
acknowledge and agree that they are sophisticatedand have been represented by
attorneys who have carefully negotiated the provisions ofthis
Agreement.  As a consequence, 

          the
parties also agree that they do not intend that the presumptions of any laws or
rules relating to the interpretation of contracts against the drafter of any
particular clause should be applied to this Agreement and 

         
therefore waive their effect.

     

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              (f)

            	
              Jurisdiction.   Service
      of Process.  Any action or proceeding arising out of or relating
      to this Agreement shall be governed by Section 12(b) of this Agreement,
      and each of the parties irrevocably submits to the exclusive jurisdiction
      of each court identified therein in any such action or proceeding; waives
      any objection the party may now or hereafter have to venue or to
      convenience of forum; agrees that all claims in respect of the
      action or proceeding shall be heard and determined only in any such
      court; and agrees not to bring any action or proceeding arising out of or
      relating to this Agreement or any transaction contemplated hereby in any
      other court.  The parties agree that either or both of them may
      file a copy of this paragraph with any court as written evidence of the
      knowing, voluntary and bargained agreement between the parties irrevocably
      to waive any objections to venue or to convenience of
      forum.  Process in any action or proceeding referred to in the
      first sentence of this Section 12(f) may be served on any party anywhere
      in the world.

            

    

    

    
      	
               
      

            	
              (g)

            	
              Waiver; Remedies
      Cumulative.  The rights and remedies of the parties to
      this Agreement are cumulative and not alternative.  Neither any
      failure nor any delay by any party in exercising any right power or
      privilege under this Agreement will operate as a waiver of such right,
      power or privilege, and no single or partial exercise of any such right,
      power or privilege will preclude any other or further exercise of such
      right, power or privilege, or the exercise of any other right, power or
      privilege.  To the maximum extent permitted by applicable
      law,

            

    

    

    (i)  no
claim or right arising out of this Agreement can be discharged by one party, in
whole or in part, by a waiver or renunciation of the claim or right unless in
writing signed by the other party;

    

    (ii) no
waiver that may be given by a party will be applicable except in the specific
instance in which it is given; and

    

    (iii) no
notice or demand on one party will be deemed to be a waiver of any obligation of
that party or of the right of the party giving such notice or demand to take
further action without notice or demand as provided in this
Agreement.

    

    Provided
however, that notwithstanding the contents hereof, Owner’s rights and remedies
in the event of any breach or alleged breach of this Agreement by Licensee shall
be limited to Owner’s right, if any, to recover damages in an action at law, and
in no event shall Owner be entitled, by reason of any such breach or alleged
breach, to enjoin, restrain or seek to enjoin or restrain the distribution or
any other exploitation of the Technology licensed herein.

     

     

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              (h)

            	
              Notices.  All
      notices or other communications required or permitted to be given
      hereunder shall be in writing and shall be deemed given to a party
      when:

            

    

    

    (i)   delivered
by hand or by a nationally recognized overnight courier
service  (costs prepaid),

    

    (ii)   sent
by facsimile with confirmation of transmission by the transmitting equipment,
or;

    

    (iii)   received
or rejected by the addressee, if sent by certified mail, postage prepaid and
return receipt requested, in each case to the following:

    

    (i) if to
Owner,
to:                 Fuel
Concepts, LLC

    11710
Akins Road

    North
Royalton, Ohio 44133

    Facsimile:(440)
652-6112

    

    (ii) if
to Licensee,
to:            17505
N. 79th Avenue, Suite 309

                                   
Glendale, Arizona 85308

    Phone:  (800)-611-1975

    Facsimile:
(623)-218-7032

    

    
      	
               
      

            	
              (i)

            	
              Binding on Successors
      and Assigns. This Agreement shall be binding on and shall inure to
      the benefit of each party, its successors, and
  assigns.

            

    

    

    
      	
               
      

            	
              (j)

            	
              Third-Party
      Beneficiaries.  This Agreement is for the sole benefit of
      the parties hereto and their permitted successors or assigns, and nothing
      herein expressed or implied shall give or be construed to give to any
      person, other than the parties hereto and such successors or assigns, any
      legal or equitable rights, remedy or claim
  hereunder.

            

    

    

    
      	
               
      

            	
              (k)

            	
              Severability.   If
      any provision of this Agreement or the application of any such provision
      to any person or circumstance shall be held invalid, illegal or
      unenforceable in any respect by a court of competent jurisdiction, such
      invalidity, illegality or unenforceability shall not affect any other
      provision hereof.

            

    

    (l)           Authority of
Signers.  The parties represent and warrant that the person
whose signatureis set forth  below on behalf of a party is fully
authorized to execute this Agreement onbehalf of that party.

    

    
      	
               
      

            	
              (m)

            	
              Amendment.  No
      amendment to this Agreement shall be effective unless it shall be in
      writing and signed by the parties
hereto.

            

    

    

    
      	
               
      

            	
              (n)

            	
              Assignment.

            

    

    

    
      	
              (i)  

            	
              By
      Licensee.  The Licensee may assign its rights, in whole or in
      part, under this Agreement without prior consent of owner to any person or
      entity including, without limitation any subsidiary, affiliated or
      controlling corporation, any person owning or acquiring a substantial
      portion of the stock or assets of the Licensee, or any partnership or
      other venture in which the Licensee substantially participates, and any
      such rights may be similarly assigned by any assignee of the Licensee. The
      Licensee may also assign any of its rights to any of its sub-licensees,
      distributors or sub-distributors.

            

    

    

    
      	
              (ii)  

            	
              By
      Owner.  Owner may only assign this Agreement to a corporation,
      limited liability company or other entity that is wholly owned and
      controlled by Owner, provided such assignee accepts in writing
      responsibility to perform all of Owner’s executory obligations pursuant to
      this Agreement, and provided further that no such assignment(s) shall
      excuse, discharge or otherwise relieve Owner from any of Owner’s
      obligations under this Agreement. Owner also may assign the proceeds
      derived from this Agreement, as and when
  payable.

            

    

     

    
 

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
            	
               
      

            	
              (o)        Cure for
      Default.  No failure by any party to perform any of its
      obligation hereunder shall       be
      deemed a breach of this Agreement unless such failure is material, and the
      party asserting such a breach  delivers 

                  
      written notice of the failure to the other party, expressly setting forth
      the full particulars of the breach, and the  breaching party
      fails to cure the breach within thirty (30) days after delivery
      of  such notice, or to 

                  
      commence to cure in the event that cure cannot be accomplished within such
      a period of time.

            

    

    

    

    IN
WITNESS WHEREOF, the parties hereto have executed this Agreement on the day and
year first above written.

    

    "OWNER"

    FUEL
CONCEPTS, LLC a Ohio Limited Liability Company

    

    EIN#
20-1849883

    

    ROY
MARTIN

    By: Roy
Martin

    Its:
Managing Member

    

    

    "LICENSEE"

    SMITH
YOUNG AND ASSOCIATES, INC., a Colorado Corporation

    

    EIN#
26-3316924

    

    CARY
PETERSON

    By: Cary
Peterson

    Its:
President

    

    

    "LICENSEE"

    Morton
Weisbrot, an Individual

    

    MORTON
WEISBROT

    By:  Morton
Weisbrot

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    EXHIBIT  A

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    EXHIBIT  BExhibit 10.3

Exhibit 10.3

    EXCLUSIVE
MANUFACTURING AGREEMENT

    

    THIS EXCLUSIVE MANUFACTURING AGREEMENT
is made as of the 1st day of August, 2008 by and between SMITH YOUNG AND
ASSOCIATES, INC., a Colorado Corporation, its successors, affiliates, and
assigns, Morton Weisbrot an individual residing in the State of Arizona, his
successors, and assigns (hereinafter all collectively referred to as the
"Licensee") and, FUEL CONCEPTS LLC, an Ohio Limited Liability Company, its
successors, affiliates, and assigns (hereinafter all collectively referred to as
the “Manufacturer”). Sometimes referred to herein collectively as “the
parties”.

    

    NOW, THEREFORE, in
consideration of the promises hereinafter made by the parties hereto, it is
agreed as follows:

    

    ARTICLE
I

    APPOINTMENT
OF MANUFACTURER

    

    1.   Manufacturing
Right. Licensee
hereby appoints and grants Manufacturer the exclusive world-wide non-assignable
right to manufacture products for Licensee defined in the “Current Price List" as set
forth in “Exhibit "A" attached
hereto.

    

    2.  Prices. All prices stated are listed in the
“Current Price
List" as set forth in “Exhibit A" attached
hereto.  Said prices are listed at Manufacturer’s actual cost to produce each
individual unit of products listed in the “Current Price List" as set
forth in “Exhibit A" attached hereto and do not
include transportation or shipping costs of any kind or federal, state or local
taxes of any kind or nature.

     

    3.  Terms. All Purchase Orders
submitted to Manufacturer shall be paid in full with in Seven (7)
business days of submission of the Purchase Order.

    

    4.  Title to
Products. Title
to the Products shall at all times remain with Licensee. Manufacturer shall at
no time, have any right, title and interest of any kind in products manufactured
under this Agreement.

    

    5.  Quality
Control.

     

         
(a)   Manufacturer
shall cause all products submitted to Manufacturer by Licensee for production
under this Agreement, to be manufactured in strict accordance with Licensee’s
exact product specifications and shall institute and comply with all quality
control procedures necessary to meet such requirements. All product manufactured
under this Agreement that do not meet or exceed Licensee's product
specifications shall either be replaced or repaired in accordance with Article
VI of this Agreement.

     

         
(b)    In
the event that Manufacturer shall fail to manufacture Licensee’s products in
accordance with Licensee’s exact product specifications and Quality Control
requirement of
any specific PO, the circumstances of which would cause the specific PO
to have a failure of .003% or greater of the total  number of units
ordered per that specific PO more three (3) times during the term of this
Agreement, this Agreement shall automatically and without further notice,
convert to a NON-EXCLUSIVE

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (c) Manufacturing
Agreement and Licensee shall have full rights to manufacture its products with
any other manufacturer that Licensee may deem appropriate. Failure is defined as
the products inability to adjust and maintain the desired flow of gasoline as
specified by the Manufacturer.

     

    ARTICLE
III

    DELIVERY

    

    1. Purchase
Orders and Delivery Requirements.

     

         
(a)   Licensee
shall order all products to be manufactured by written notice (The “Purchase
Order” hereinafter collectively referred to as the “PO”) to Manufacturer. Each
PO submitted to Manufacturer shall specify the number of units to be
manufactured, the type of units to be manufactured, which shall be identified by
the model number designations as indicated in the Price List as set forth in “Exhibit A" attached
hereto and include the desired method of shipment and delivery date
requirements. Manufacture shall indicate its acceptance of each PO submitted
under this Agreement by returning a signed, accepted copy to Licensee within 24
hours of submission by Licensee.

     

         
(b)   In
the event that Manufacturer is unable to meet the specific delivery requirements
set forth in any PO submitted, Manufacturer shall notify Licensee in writing no
later then three (3) days from the receipt of the PO and request a delivery
modification. All delivery modifications must be approved, in writing by Licensee prior to the
commencement and fulfillment of the specific PO.

     

         
(c)   In
the event that Manufacturer is unable to meet the delivery requirement of any specific PO,
the circumstances of which would cause the delivery and fulfillment of the
specific PO to be delayed by thirty (30) days or more, Licensee shall have the
write to seek an outside manufacturer to manufacture the specific
PO.

     

         
(d)   In
the event that Manufacturer is unable to meet the delivery requirement of any specific PO, the
circumstances of which would cause the delivery and fulfillment of the specific
PO to be delayed by thirty (30) days three (3) times during the term of this
Agreement, this Agreement shall automatically and without further notice,
convert to a NON-EXCLUSIVE Manufacturing Agreement and Licensee shall have full
rights to manufacture its products with any other manufacturer that Licensee may
deem appropriate.

    

    2. Shipping
and Transportation of Manufactured Products.

     

         
(a)   Manufacturer
shall ship units to Licensee in accordance with the delivery requirement set
forth in each PO as accepted by Manufacturer.

     

         
(b)   All
shipments of Product shall be made Fright On Board (herein after referred to
“FOB”)  Manufacturer's facilities and liability for loss or damage in
transit, shall stay with Manufacturer until such time as delivery of Product, as
defined in each individual PO, reaches  its final port of
delivery.

     

         
(c)   Licensee
shall bear all costs of transportation, insurance, import duties, tariffs,
taxes and
docking fees and will promptly reimburse Manufacturer if Manufacturer
prepays or otherwise pays for such expenses.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

         
(d)   Manufacturer
shall not be in default by reason of any failure in its performance under this
Agreement if such failure results from, whether directly or indirectly, fire,
explosion, strike, freight embargo, Act of God or of the public enemy, war,
civil disturbance, act of any government, dejure or de facto, or agency or
official thereof, material or labor shortage, transportation contingencies,
unusually severe weather, default of any other manufacturer or a supplier or
subcontractor, quarantine, restriction, epidemic, or catastrophe.

     

         
(e)   Licensee shall be
responsible for all costs from the port of delivery to their containment
facility for
purchase orders.

    

    3.   Cancellation. Licensee shall have the
right to cancel any specific PO upon three (3) business days written notice to
Manufacturer from the date of issuance of the original PO.

    

    ARTICLE
VI

    WARRANTY

    1.   Product
Warranty.

     

         
(a)    Manufacturer
warrants that Licensee shall acquire all Product purchased hereunder free and
clear of any and all liens and encumbrances of any kind or nature, expressed or
implied, whether in law or by contract.

     

         
(b)    Manufacturer
warrants all Product manufactured under this Agreement shall be free from
defects in materials, workmanship, manufacturing or fabrication under normal use
and service for a period of ninety (90) days from the date of delivery as
provided under Section 2(a) of Article III of this Agreement.

     

      (c)   All
repair covered by this warranty shall be done at Manufacturer's facilities, or
other such warranty repair facilities designated by Manufacturer.

     

         
(d)   Any
defect corrected within ninety (90) days and found to be within this scope of
the warranty shall be repaired or replaced by Manufacturer in a timely manor and
without delay of any kind.

     

         
(e)   Shipping costs
for repaired or replaced  products shall be born by the
Manufacturer back to Licensee. Shipping costs for repaired or
replaced  products to the Manufacturer shall be born
by the Licensee.

    

    ARTICLE
VI

    SPARES,
STANDARD SUBASSEMBLIES AND PARTS

    

    1.   Availability.

     

         
(a)   Spares,
standard subassemblies and parts as used herein, shall be defined as components
defined and required by the Licensee’s product specifications used to fabricate
and/or repair the Product manufactured by the Manufacturer .

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

         
(b)   Manufacturer
shall make spares for purchase by Licensee for a period of not less than one (1)
year after shipment of the last unit to Licensee hereunder. Such spares will be
available to Licensee at prices, terms and conditions in effect at the time such
spares are purchased.

    

    

    ARTICLE
VII

    DURATION
OF AGREEMENT

    

    1.   Term.
The term of this Agreement shall be for 5 years from the date
hereof, unless sooner terminated. Termination shall not relieve either party of
obligations incurred prior such termination.

    

    2.   Termination.
This Agreement may be terminated only:

    

    (a)  By
either party for substantial breach of any material provision of this Agreement
by the other, provided due notice has been given to the other of the alleged
breach and such other party has not cured the breach within thirty (30) days
thereof; or

    

    (b)  By
Manufacturer:

     

    (i) 
If
Licensee ceases to function as a going concern or makes an assignment for the
benefit of creditors; if a petition in bankruptcy is filed by or against the
Licensee, resulting in an adjudication
of 

        
 bankruptcy;

     

    (c) By
Licensee:

     

    
      	
              (i)  

            	
              If
      Manufacturer ceases to function as a going concern or makes an assignment
      for the benefit of creditors; if a petition in bankruptcy is filed by or
      against the Manufacturer, resulting in an adjudication of
      bankruptcy;

            

    

     

    
      	
              (ii)  

            	
              If
      Manufacturer fails to meet all quality control standards established
      Licensee and set forth in Article 1, Section 5(a),(b) of this
      Agreement.

            

    

     

    (c)  Upon
termination of this Agreement all further rights and obligations of the parties
shall cease, except that Licensee shall not be relieved of (i) its obligation to
pay any moines due, or to become due, as of or after the date of termination,
and (ii) any other obligation set forth in this Agreement which is to take
effect after the date of termination.

     

    ARTICLE
VIII

    NOTICES

    

    1.   Notice or
Communication.   Any notice or communication required or
permitted hereunder shall be in writing and shall be sent by registered mail,
return receipt requested, postage prepaid and addressed to the addresses set
forth below or to such changed address as any party entitled to notice shall
have communicated in writing to the other party. Notices and communications to
the Parties shall be sent to:

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (i) if to
Owner,
to:                 Fuel
Concepts, LLC

    11710
Akins Road

    North
Royalton, Ohio 44133

    Facsimile:(440)
652-6112

    

    (ii) if
to Licensee,
to:            17505
N. 79th Avenue, Suite 309

                           
Glendale,Arizona 85308

    Phone:  (800)-611-1975

    Facsimile:
(623)-218-7032

    

    

    ARTICLE
IX

    GENERAL
PROVISIONS

    

    1.  Relationship
of Parties. The relationship between the parties established by this
Agreement shall be solely that of vendor and vendee.  The Licensee
shall have no right, power or authority in any way to bind the Manufacturer to
the fulfillment of any condition not herein contained, or to any contract or
obligation, expressed or implied.

    

    2.  Independence
of Parties. Nothing contained in this Agreement shall be construed to
make the Licensee the agent for the Manufacturer for any purpose, and neither
party hereto shall have any right whatsoever to incur any liabilities or
obligations on behalf or binding upon the other party. The Licensee specifically
agrees that it shall have no power or authority to represent the Manufacturer in
any manner; that it will solicit orders for products as an independent
contractor in accordance with the terms of this Agreement; and that it will not
at any time represent the Manufacturer in any manner; that it will solicit
orders for products as an independent contractor in accordance with the terms of
this Agreement.

    

     3. Indemnity.

     

         
(a)   The
Licensee agrees to hold the Manufacturer free and harmless from any and all
claims, damages, and expenses of every kind or nature whatsoever (a) arising
from acts of the Licensee; (b) as a direct or indirect consequence of
termination of this Agreement in accordance with its terms; or (c) arising from
acts of third parties in relation to products sold by Licensee, its
distributors, su-distributors, contractors, agents, affiliate or employees
thereof under this Agreement, including, but not limited to installation,
service, or execution of liens and security interests by third parties with
respect to any such products.

     

        
(b)   The
Manufacturer agrees to hold the Licensee free and harmless from any and all
claims, damages, and expenses of every kind or nature whatsoever (a) arising
from acts of the Manufacturer; (b) as a direct or indirect consequence of
termination of this Agreement in accordance with its terms; or (c) arising from
acts of third parties in relation to products manufactured for Licensee by
Manufacturer, its contractors, agents, affiliate or employees thereof under this
Agreement.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    4. 
Assignment. 

     

         
(a)   By
Licensee.  The Licensee may assign its rights, in whole or in part,
under this Agreement to any person or entity including, without limitation any
subsidiary, affiliated or controlling corporation, any person owning or
acquiring a substantial portion of the stock or assets of the Licensee, or
any partnership or other venture in which the Licensee substantially
participates, and any such rights may be similarly assigned by any assignee of
the Licensee. The Licensee may also assign any of its rights to any of its
sub-licensees, distributors or sub-distributors.

     

         
(b)   By
Manufacturer.  Manufacturer may only assign this Agreement to a
corporation, limited liability company or other entity that is wholly owned and
controlled by Manufacturer, provided such assignee accepts in writing
responsibility to perform all of Manufacturer’s executory obligations pursuant
to this Agreement, and provided further that no such assignment(s) shall excuse,
discharge or otherwise relieve manufacture from any of Manufacturer’s
obligations under this Agreement. Manufacturer also may assign the proceeds
derived from this Agreement, as and when payable in accordance with the terms
and conditions set forth in this Section 4 (b) of Article IX.

    

    5.  Entire
Agreement. The entire Agreement between the Manufacturer and the Licensee
covering the Product is set forth herein and any amendment or modification shall
be in writing and shall be executed by duly authorized representatives in the
same manner as this Agreement. The provisions of this Agreement are severable,
and if any one or more such provisions are determined to be illegal or otherwise
unenforceable, in whole or in part, under the laws of any jurisdiction, the
remaining provisions or portions hereof shall, nevertheless, be binding on and
enforceable by and between the parties hereto.

    

    6. Choice of
Law; Venue; Jurisdiction; Attorneys’
Fees. The
parties acknowledge and agree that this Agreement has been made in Arizona, and
that it shall be governed by, construed, and enforced in  accordance
with the laws of the State of Arizona, without reference to its conflicts of
laws principles.  The parties also acknowledge and agree that any
action or proceeding arising out of or relating to this Agreement or the
enforcement thereof shall be brought in the Maricopa County Superior Court, and
each of the parties irrevocably submits to the exclusive jurisdiction of that
Court in any such action or proceeding, waives any objection the party may now
or hereafter have to venue or to convenience of forum, agrees that all claims in
respect of such action or proceeding shall be heard and determined only in that
Court, and agrees not to bring any action or proceeding arising out of or
relating to this Agreement or the enforcement hereof in any other
court.  The parties also acknowledge and agree that either or both of
them may file a copy of this paragraph with any court as written evidence of the
knowing, voluntary and bargained agreement between the parties irrevocably to
waive any objections to venue or convenience of forum, or to personal or subject
matter jurisdiction.  The parties also acknowledge and agree that any
action or proceeding referred to above may be served on any party anywhere in
the world without any objection thereto.  The parties also acknowledge
and agree that the prevailing party in any such action or proceeding shall be
awarded the party’s reasonable attorneys’ fees and costs (including, but not
limited to, costs of court).

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    7.   Jurisdiction.   Service of
Process.  Any action or proceeding arising out of or relating to this
Agreement shall be governed by Section 6 of Article IX of this Agreement, and
each of the parties irrevocably submits to the exclusive jurisdiction of each
court identified therein in any such action or proceeding; waives any objection
the party may now or hereafter have to venue or to convenience of forum; agrees
that all claims in respect of the action or proceeding shall be heard and
determined only in any such court; and agrees not to bring any action or
proceeding arising out of or relating to this Agreement or any transaction
contemplated hereby in any other court.  The parties agree that either
or both of them may file a copy of this paragraph with any court as written
evidence of the knowing, voluntary and bargained agreement between the parties
irrevocably to waive any objections to venue or to convenience of
forum.  Process in any action or proceeding referred to in the first
sentence of this Section 7 of Article IX may be served on any party anywhere in
the world

    

    8.   Separate
Provisions.
If any provision of this Agreement shall be held to be invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining
provisions shall in no way be affected or impaired thereby.

    

    9.   Covenant
Not To Compete: The Manufacturer agrees not to compete with the Licensee
or to manufacture, fabricate, represent, sell directly or indirectly cause or
facilitate the sale of products not belonging to Licensee which are deemed to be
competitive with the Licensee's Products. Furthermore  Manufacturer
agrees not to manufacture or cause to be manufactured either directly or
indirectly or through other parties any parts or products manufactured by
Licensee or  any variation of the products offered by Licensee or
future products and parts produced by the Licensee. As provide for in Section 6
of this Article IX, in the event that litigation results from or arises out of
this Agreement or the performance thereof, the Manufacturer agrees to reimburse
the Licensee reasonable attorney's fees, court costs, and all other expenses,
whether or not taxable by the court as costs, in addition to any other relief to
which the Licensee may be entitled to.

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    [REMAINDER
OF THIS PAGE INTENTIONALLY LEFT BLANK]

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    IN WITNESS WHEREOF, the
parties have caused this Agreement to be executed by their duly authorized
officers as of the date and year indicated above.

    

    "MANUFACTURE"

    FULE
CONCEPTS, LLC a Ohio Limited Liability Company

    

    EIN#
20-1849883

    

    ROY
MARTIN

    By: Roy
Martin

    Its:
Managing Member

    

    

    "LICENSEE"

    SMITH
YOUNG AND ASSOCIATES, INC.,  a Colorado Corporation

    

    EIN#
26-3316924

    

    CARY
PETERSON

    By: Cary
Peterson

    Its:
President

    

    

    "LICENSEE"

    Morton
Weisbrot, an Individual

    

    By:  MORTON
WEISBROT

           Morton
Weisbrot

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    EXHIBIT
A

    PRICE
LIST AS OF January 1, 2008

    

    

    

    2. Dealer
Pricing
Schedule                                                                     Dealer
Price List

    
      	
              Units
      Ordered

            	
              Dealer
      Price (Shipping costs are not include in price)

            
	
              3,000 and
      up

            	
              $18.00
      USD

            

    

    

    

    

    

    

    

     

    

    

    

    

    

    

    

    

    

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

     

    

     

    E3
Fuel Saver 7000 parts and specifications

     

    The E3
Fuel Saver 7000 kit shall contain the following items which shall for present be
manufactured in China.

     

    1) 1 (EACH) 8”x8”x2 3⁄4” box for
housing all parts included.

               
A) Artwork on box will be pre-printed per AEDC’s artwork
specifications.

     

    

     

    2) 1 (EACH) E3 Fuel Saver Fuel
Saver Manifold herein called the “Head”. The head
 shall be
constructed from HEX 6061 T6511 aluminum and shall contain the mark
“E3 Fuel Saver 7000” and the patent number 7117859 on the front side of the
head.

    The Head
shall contain the following parts attached and assembled:

    A) 2 (each) 3/8”x 1⁄4 NPT (national pipe thread)
brass barbed fittings

    B) 1 (each) 1/8” NPT Male x 1/8” brass Female tube
compression fitting

    C) 1 (each) 10/32” brass threaded needle with
a 30 degree male needle to match needle seat pre-manufactured inside the
head.

    1) The
Needle shall have one
small tension spring and one o-ring fitted on
needle prior to assembly.

    D) The
Head shall contain a one 3/16” mounting slot (hole)
at the top to allow insertion of mounting screw for secure
mounting.

    E) 
1 (Each) threaded and
sealed 80 ml. molded aluminum canister.

    F) 
1 (Each)
7/8” x .060
nylon seal will complete the seal between the 80 ml aluminum canister and
the pre-manufactured thread slot located at the bottom of the Head.

    E) 
1 (Each) aluminum
tamper resistant cap.

     

    Note: thread sizes may be
converted to metric on some parts. These conversions are NOT CRITICAL and will
not affect the basic performance or function of the E3 Fuel Saver
7000.

     

    3) 10 feet -approx. (3 meters)
3/8 inch fuel line hose meeting SAE 30R7 spec.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    4) 4 feet 1/8” refrigeration
copper tubing pre-rolled for ease of packaging.

        Copper
tubing shall be preassembled with the following items attached:

                           
1) 2 Each 1/8” brass ferrules

                           
2) 2 Each 1/8” Male compression nuts

                           
3) 2 Each 1/8” Plastic End Caps

     

    5) 1 SET Complete Installation
Instructions- English/French/Spanish.

     

     

    6) Fuel Adaptor Kit with the
following items:

               
1) 1 Ford Schrader Adapter

               
2) 1 Universal Schrader Adapter

               
3) 1 Schrader Valve Stem removal tool

               
4) 1 Brass fuel line “TEE” (brass)

     

    7) Miscellaneous parts kit
containing the following items:

               
1) 6 steel hose clamps

               
2) 10 plastic zip ties

               
3) 1 mounting screw

               
4) 1 Rubber washer for mounting screw.

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