Document:

EXHIBIT 10.1

 

Purchase
Order #MS-66, dated as of September 26 2018,

by
and between Hugo Neu Realty Management, LLC and AbTech Industries Inc.

 

PURCHASE
ORDER

	
         

        Realty Management LLC
	78 John Miller Way	 
	Kearny, New Jersey 07032	DATE: 9/12/18
	973-842-2600	P.O. #:” MS-66
	 	PROJECT #:

 

	VENDOR	 	SHIP TO
	NAME:	Shawn Lolling	 	PROJECT NAME:	Kearny Point Master Site
	CO. NAME:	AbTech Industries Inc	 	SHIP TO:	Hugo Neu Realty Management LLC
	ADDRESS: 	4110 N. Scottsdale Rd, Suite
    235	 	PROJECT ADDRESS:	78 John Miller Way
	CITY, STATE, ZIP:	Scottsdale, Arizona 85251	 	CITY, STATE, ZIP:	Kearny, NJ 07032
	PHONE #:	480-874-4000	 	CONTACT PHONE #:	732-547-8664
	E-MAIL:	slolling@abtechindustries.com	 	CONTACT E-MAIL:	spozza@hugoneu.com

 

	DELIVERY DATE	 	NAME	 	ORDER GIVEN TO	 	TEL NUMBER	 	E-MAIL	 	TERMS
	ASAP	 	N/A	 	Shawn Lolling	 	480-874-4000	 	slolling@abtechindustries.com	 	Net 30

 

	QUANTITY	 	DESCRIPTION	 	AMOUNT
	 	 	
        Design, manufacture and supply AbTech End of Pipe Stormwater
Treatment Systems as outlined in AbTech Industries’ revised proposal dated September 10, 2018 attached and labeled ‘Attachment
A’.
	 	 	 	
         

        

	 	 	 	 	 	 
	 	 	A.
    End of Pipe Treatment Systems	 	 	 	 
	 	 	Outfall
    #1 Upper	 	$	66,400.00	 
	 	 	Outfall
    #2	 	$	68,600.00	 
	 	 	Outfall
    #3	 	$	24,700.00	 
	 	 	Outfall
    #4	 	$	214,700.00	 
	 	 	 	 	 	(included)	 
	 	 	 	 	 	 	 
	 	 	2
    trips at 4 day total for inspection, training and commissioning	 	$	(56,160.00	)
	 	 	 	 	 	 	 
	 	 	Customer Discount 15%	 	 	 	 
	 	 	 	 	 	 	 
	 	 	NOTES:	 	 	 	 
	 	 	Cost
    Coding: KP000-02-720	 	 	 	 

	IMPORTANT:	 	ESTIMATED SUBTOTAL	 	$	318,240.00	 
	—Vendor to comply with attached insurance requirements, ‘Attachment B’.	 	 	 	 	 	 
	—Project is tax exempt, certificate attached, ‘Attachment C:’.	 	 	 	 	 	 
	—Please notify us immediately if you are unable to complete order by date specified.	 	 	 	 	 	 
	—Purchase Order # must appear on all invoices, packaging slips and delivery tickets.	 	SHIPPING(Est)	 	$	-	 
	 	 	Tax	 	$	-	 
	 	 	 TOTAL	 	$	318,240.00	 

 

	Steven Pozza	 	Director of Construction	 	9/12/2018
	APPROVED BY VENDEE	 	TITLE	 	DATE
	 	 	 	 	 
	Robert C. Backman	 	COO, AbTech Industries	 	9/26/2018
	APPROVED BY VENDOR	 	TITLE	 	DATE

 

     

     

    

 

PROPOSAL

 

Proposal No. PS18001

Revised - September 10, 2018

 

Prepared For:

Hugo Neu Corp., - Kearny Point Industrial
Park

End of Pipe Solutions

Outfalls 1-4

 

Prepared By:

Shawn Lolling

AbTech Industries, Inc.

4110 N. Scottsdale Rd.

Suite 235

Scottsdale, Arizona 85251

Phone: (480) 874-4000

Email: slolling@abtechindustries.com

www.abtechindustries.com

 

     

     

    

 

 

Executive Summary

 

AbTech Industries, Inc. appreciates the
opportunity to submit for your consideration, our firm proposal for design, manufacturing, and supply of AbTech End of Pipe Stormwater
Treatment Systems for the Kearny Point Industrial Park existing outfalls/discharge points. These units will provide excellent sediment,
hydrocarbon, phosphorus, and heavy metals removal for all outfall discharge points of stormwater from the site, except 1 outfall
is part of a future phase of construction as is not considered in this proposal at this time. The design of the End of Pipe Solutions
is based on the Hydro Report Dated January 4, 2018 and proved by Bohler Engineering.

 

AbTech is an environmental technologies
company, our advanced media systems provide absorptive and adsorptive properties to remove sediment, hydrocarbons, heavy metals,
phosphorus and bacteria with proprietary media from stormwater and wastewater streams. Our solutions have been installed in over
20,000 installations, worldwide. Through a collaborative effort by Hugo Neu and their engineering firm, Bohler Engineering, our
process engineering team has designed a comprehensive solution to meet the site’s stormwater management needs and meet the
client environmental sustainability goals. Included as an addendum are concept design drawings of each End of Pipe Solution and
technical details of the Smart Sponge® Technology proposed to be applied,

 

We look forward to the opportunity to discuss
this proposal in detail.

 

    	©AbTech Industries, Inc.	Page 2

     

    

 

 

Process Narrative

 

Design Summary

 

The following is a general overview and
process narrative for the Kearny Point project.

 

AbTech End of Pipe Horizontal Tank Treatment System

 

Overall Description

The AbTech End of Pipe Treatment System
is a comprehensive and cost-effective solution for treating stormwater runoff. These treatment systems consist of a horizontal
rectangular vessel made from precast concrete material that has the capability to reduce sediment and reduce specific contaminants
(i.e. hydrocarbons & heavy metals, etc...) from the treated stormwater. These units are comprised of two sections; a sedimentation
chamber where total suspended solids (TSS) and debris are settled out and an enclosed media chamber where a filtration media is
used to reduce specific contaminant(s). The size of the end of pipe solutions are designed based on first flush flow of a 2yr storm
event, contaminant reduction targets, and site constraints.

 

Process Narrative

Stormwater enters at the side of the of
the unit and continues into the sedimentation chamber. The inlet height will be determined by site elevation and working pressures.
The sedimentation chamber is where the suspended solids will gravity settle out of the water. Once the water level reaches the
top of the first baffle wall, the water overflows into the mixed media chamber. The media chamber depth and contact time was based
on the Hydro Report developed by Bohler Engineering and the effluent requirements and site restrictions. By concentrating on first
flush, where the majority of stormwater contaminants are found, our technology can capture the contaminants before discharging
into the receiving stream. The flowing water continues out, through a check-valve to the receiving body of water. This check valve
increases the amount of resiliency in the system, preventing backward flowing surges during high tides and storm events. Typical
contaminant reduction percentages can be found in the specification section below.

 

Specifications:

●      Capable
of reducing concentrations of petroleum hydrocarbons, solids (trash and debris and sediment), bacteria, nutrients (ortho-phosphate),
and heavy metals

●      Removal
rates are typically equal to or greater than:

		-TSS-80%	

		-Hydrocarbons-80%	

		-Phosphorus-80%	

-Heavy
Metals

●      Constructed
of FRP Composite Material

●      Pipe
Length ~ (Based on application)

●      Ability
to overflow system during times of higher than anticipated flows after first flush

 

As local conditions, product use, and exposure
can vary widely, the end user must determine the most appropriate disposal method for a spent Smart Sponge. However Smart Sponge
samples saturated with hydrocarbons both in the lab and in the field have been tested according to the EPA’s Toxicity Characteristic
Leaching Procedure (“TCLP”). These tests show that Smart Sponge® is a “non-leaching” (i.e., non-detect
or “N.D.”) product. As a result, Smart Sponge® technology can afford many cost effective and environmentally friendly
disposal options.

 

    	©AbTech Industries, Inc.	Page 3

     

    

 

 

Equipment

 

SCOPE OF SUPPLY

 

The following is a general equipment overview
of the complete end of pipe treatment systems for outfalls 1 Upper through 4. The AbTech scope of supply includes but is not limited
to the following equipment:

 

End of Pipe Treatment Systems

 

System includes:

●      Precast
concrete rectangular tanks for outfall Vaults 1-4, with manways. Designed for below grade installation and surface loading requirements.

●      Vault
#4 will be delivered in 2 sections and require grouting onsite.

●      Anti-flotation
collars if required.

●      Grade
Rings included for 18’ of depth.

●      Internal
304 SS Baffle walls for sediment removal, with weep holes for drainage.

●      304
SS Containment structure and access for housing media and allow for change out and service

●      A
combination of Smart Sponge HM bags and Smart Pak’s for removal of sediment, hydrocarbons, phosphorus, and heavy metals.

●      Structures
designed to meet NJ DOT (HS 25 loading) requirements.

●      +10%
supply of additional Smart sponge media requirement for back up and shelve spares.

 

Required by others:

●      Offloading,
site storage and placement by others.

●      Inlet
and outlet flanges for rubber sleeve connections.

●      Ladder
and Steps

●      Grade
rings by others as needed.

●      Installation
of Baffle walls, containment cages and media.

●      All
wedge style anchors and bolts as needed.

 

System Sizing:

 

	Outfalls	 	Width	 	Height	 	Length	 	2- Year 

Design

Flows	 	Manway 

Qty	 	Inlet Pipe

Size	 	Loose Bag

SS Media	 	Smart Pak HM

Media Qty
	1 (U)	 	8.0 ft.	 	6.0 ft.	 	10 ft.	 	0.18 cfs	 	2	 	60”	 	59.5 ft3	 	19.8 ft3
	2	 	8.0 ft.	 	6.0 ft.	 	10 ft.	 	0.18 cfs	 	2	 	60”	 	59.5 ft3	 	19.8 ft3
	3	 	8.0 ft.	 	3.5 ft.	 	10 ft.	 	0.93 cfs	 	1	 	18”	 	5 ft3	 	5 ft3
	4	 	16.0 ft.	 	5.0 ft.	 	25 ft.	 	5.88 cfs	 	2	 	36”	 	67.3 ft3	 	67.3 ft3

 

    	©AbTech Industries, Inc.	Page 4

     

    

 

 

Pricing & Delivery

 

	Quantity	 	Description	 	Customer Price	 
	1	 	Outfall #1 Upper	 	$	66,400	 
	1	 	Outfall #2	 	$	68,600	 
	1	 	Outfall #3	 	$	24,700	 
	1	 	Outfall #4	 	$	214,700	 
	1	 	2 Trips at 4 days total for Inspection, Training and Commissioning	 	 	Included	 
	 	 	Subtotal	 	$	374,000	 
	 	 	Subtotal includes - $ 152,200 Smart Sponge Media, $ $121,100 Vaults and Services	 	 	 	 
	 	 	Customer Discount 15%	 	 	<$ 56,160>	 
	 	 	Proposal Total 	 - 	$	318,240	 

	Recommended Stocking of 24 Loose bags of Smart Sponge media for 2 years of backup.	 	$ 	    6,700	 
	Recommended Stocking of 4 spare Catchment Basin UUF’s Replacements.	 	$	2,250	 
	2yr Service and Maintenance Contract Option (Includes 2 times a Year Cleanouts and Inspections)	 	$	20,000	 

 

Pricing Notes:

 

▪      All prices quoted
are in U.S. Dollars.

▪      Any applicable sales
taxes are not included.

▪      All Local, State
and Federal permitting and approvals are by others.

▪      The Buyer is responsible
for all applicable Local, State, or Federal Taxes, Fees and/or Permit Costs.

▪      This proposal supersedes
all previous proposals and correspondence.

▪      The freight is quoted
as FOB Factory, prepaid and add.

▪      Performance and/or
Labor & Material Payment Bonds are not included in the system price.  These bonds can be purchased on request at additional
cost.

▪      The Yearly replacement
quantities of UUF’s and Smart Sponge media listed above are estimates based on historic performance information and vary
site to site, due to site conditions and anticipated site usage, rain fall per year and other factors.

 

    	©AbTech Industries, Inc.	Page 5

     

    

 

 

Standard Payment Terms

 

▪      10% Milestone 1Upon
Acceptance of P.O. to AbTech

▪      20% Milestone 2Submittals
or 4 Weeks after Milestone #1, Net 30

▪      20% Milestone 3Release
to Manufacturing, Net 30

▪      40% Milestone 4Upon
Shipment, Net 30

▪      10% Milestone 5Upon
completion of Commissioning, not to exceed 120 days from delivery

 

Partial Payment of Partial delivery allowable.

 

Schedule

 

▪      Submittals to be
completed and in transit within 2 weeks after receipt and acceptance of purchase order, signed copy of this proposal, signed terms
and conditions.

▪      Proposed shipping
time is based on receipt of approved engineer’s submittal with release for manufacture within 2 weeks of receipt of our submittal
data.

▪      Expect shipment of
equipment (transit time excluded) to be approximately 4-6 weeks from our receipt of approved engineer’s/customer’s
submittal data and release to manufacture.

▪      Partial shipment
is negotiable and can be determined at time of placement of order as requested by the buyer.

 

*Submittal and shipping schedules may be
adjusted at time of order placement, depending upon existing order backlog.  Weeks quoted are actual working weeks.

 

    	©AbTech Industries, Inc.	Page 6

     

    

 

 

Project Responsibilities

 

	Work
    Scope Item	 	AbTech	 	Client
	 	 	 	 	 
	All proposed equipment.	 	x	 	 ̈
	 	 	 	 	 
	Equipment and instrumentation quality assurance check in factory. (if needed)	 	x	 	 ̈
	 	 	 	 	 
	Finish painting or sealing of equipment. (If needed)	 	x	 	 ̈
	 	 	 	 	 
	All applicable civil design and works, buildings, site preparation, grading, excavations, structural steel, foundations and accessories. 	 	 ̈	 	x
	 	 	 	 	 
	Design and Supply of piping, supports, gaskets and connection hardware between Customer and AbTech’s equipment interface.	 	 ̈	 	x
	 	 	 	 	 
	Discharge of effluent water (s) such as process return, outfall, drain or sewer tie-in outside of the AbTech equipment/facility battery limit(s).	 	 ̈	 	x
	 	 	 	 	 
	Provide designs for proposed equipment components	 	x	 	 ̈
	 	 	 	 	 
	Structural Professional Stamp of construction drawings as required 	 	x	 	 ̈
	 	 	 	 	 
	Factory hydrostatic testing of unit assemblies 	 	x	 	 ̈
	 	 	 	 	 
	Flushing of all piping and tanks, as well as removal of all residual debris	 	 ̈	 	x
	 	 	 	 	 
	 Offloading, Site Storage and Installation of Equipment at Site	 	 ̈	 	x
	 	 	 	 	 
	Freight, FOB Factory, Prepaid and Add	 	 ̈	 	x
	 	 	 	 	 
	Ongoing maintenance and operation of the system. (Listed as an adder by AbTech)	 	x	 	x
	 	 	 	 	 
	Any required permits or training for AbTech’s personnel on all relevant and standard company operating procedures and practices for performing work on site.	 	 ̈	 	x
	 	 	 	 	 
	Installation inspection, commissioning and Training of AbTech Scope of supply.	 	x	 	x

 

    	©AbTech Industries, Inc.	Page 7

     

    

 

 

Proposal Notes

 

General
Project Notes

 

▪     The proposed design
is based on standard stormwater characteristics for the area.  Changes in feed water characteristics can affect system /
equipment performance and may require a re-design.

▪     The proposed system
is configured using AbTech standard water treatment components sized and selected to provide a package that will treat the first
flush flow to the required product water standard.

▪     Because of the current
instability in material costs, AbTech reserves the right to re-evaluate the pricing quoted prior to order acceptance if a purchase
order is received after the validity date stated in this proposal OR if the milestone dates stated in this proposal are exceeded. 
Any pricing adjustments required shall be based on a published materials cost index specific to the materials proposed.

 

Site
Items by Others

 

▪     Disposal of all
solid and liquid waste from AbTech systems including waste materials generated during installation, startup and operation are
to be by Bohler Engineering.

▪     Appropriate protection
of the environment and local community, the health and safety of all workers and visitors at the site and the security of the
facility are the responsibility of others.  Providing safety related equipment and services such as site security, fire systems,
lifting equipment and its operation, fall protection, adequate floor grating, ventilation and safe access to equipment and electrical
systems areas are to be supplied by others.

 

		Installation	

 

▪     Provisions for a
suitable site/shelter for the placement of the proposed equipment, inside an appropriate building are to be provided by the installing
contractor/purchaser. 

▪     Installation and
removal of temporary screens on all process lines feeding the equipment to prevent damage during startup and commissioning is
to be supplied, installed and maintained by others.

 

		Permits	

 

▪     Environmental use
and discharge permits at the Customer’s facility either listed in this document or proposed for use at a later date are
to be by others.

▪     All easements, licenses
and permits required by governmental or regulatory authorities in connection with the supply, erection and operation of the system
are to be by others.

 

Field
Service

 

▪   The
Buyer will identify and inform AbTech’s personnel of any hazards present in the work place that could impact the delivery
of AbTech’s scope of supply and agrees to work with the AbTech to remove, monitor and control the hazards to a practical
level.

 

    	©AbTech Industries, Inc.	Page 8

     

    

 

 

Exceptions
 & Clarifications

 

Exceptions/Clarifications

 

▪     Ongoing maintenance
and operation of the system is the responsibility of the customer. AbTech can provide these services as an option adder if needed.

▪     The proposed design
is based on the customer supplied information and Bohler Engineering design review. Changes in anticipated feed water characteristics
can affect system / equipment performance and may require a re-design.

▪     Structural/Seismic
Calculations are not included.

▪     It is AbTech’s
understanding that a Professional Engineering License review and stamp is required for any of AbTech’s scope of supply,
thus provided for.

 

    	©AbTech Industries, Inc.	Page 9

     

    

 

 

Commercial Terms &
Conditions

 

		1.	Applicable Terms. These terms govern the purchase
and sale of the equipment (“Equipment”) referred to in Seller’s purchase order, quotation, proposal or acknowledgment,
as the case may be (“Seller’s Documentation”). Whether these terms are included in an offer or an acceptance
by Seller, such offer or acceptance is conditioned on Buyer’s assent to these terms. Seller rejects all additional or different
terms in any of Buyer’s forms or documents.

 

		2.	Payment. Buyer shall pay Seller
                                         the full purchase price as set forth in Seller’s Documentation. Unless Seller’s
                                         Documentation provides otherwise, freight, storage, insurance and all taxes, duties or
                                         other governmental charges relating to the Equipment or any included services shall be
                                         paid by Buyer. If Seller is required to pay any such charges, Buyer shall immediately
                                         reimburse Seller. All payments are due within 30 days after receipt of invoice. Buyer
                                         shall be charged the lower of 1 1⁄2% interest per month or the maximum legal rate
                                         on all amounts not received by the due date and shall pay all of Seller’s reasonable
                                         costs (including attorneys’ fees) of collecting amounts due but unpaid. All orders
                                         are subject to credit approval.

                                         

		3.	Delivery. Delivery of the Equipment
                                         shall be in material compliance with the schedule in Seller’s Documentation. Unless
                                         Seller’s Documentation provides otherwise, Delivery terms are F.O.B. Seller’s
                                         facility.

 

		4.	Ownership of Materials. All
                                         devices, designs (including drawings, plans and specifications), estimates, prices, notes,
                                         electronic data and other documents or information prepared or disclosed by Seller, and
                                         all related intellectual property rights, shall remain Seller’s property. Seller
                                         grants Buyer a non-exclusive, non-transferable license to use any such material solely
                                         for Buyer’s use of the Equipment. Buyer shall not disclose any such material to
                                         third parties without Seller’s prior written consent.

 

		5.	Changes. Seller shall not implement
                                         any changes in the scope of work described in Seller’s Documentation unless Buyer
                                         and Seller agree in writing to the details of the change and any resulting price, schedule
                                         or other contractual modifications. This includes any changes necessitated by a change
                                         in applicable law occurring after the effective date of any contract including these
                                         terms.

 

		6.	Warranty. Seller warrants to
                                         Buyer that the Equipment shall materially conform to the description in Seller’s
                                         Documentation and shall be free from defects in material and workmanship. If Buyer gives
                                         Seller prompt written notice of breach of this warranty within 18 months from delivery
                                         or 1 year from acceptance, whichever occurs first (the “Warranty Period”),
                                         Seller shall, at its sole option and as Buyer’s sole remedy, repair or replace
                                         the subject parts or refund the purchase price. If Seller determines that any claimed
                                         breach is not, in fact, covered by this warranty, Buyer shall pay Seller its then customary
                                         charges for any repair or replacement made by Seller. Seller’s warranty is conditioned
                                         on Buyer’s (a) operating and maintaining the Equipment in accordance with Seller’s
                                         instructions, (b) not making any unauthorized repairs or alterations, and (c) not being
                                         in default of any payment obligation to Seller. Seller’s warranty does not cover
                                         damage caused by chemical action or abrasive material, misuse or improper installation
                                         (unless installed by Seller). THE WARRANTIES SET FORTH IN THIS SECTION ARE SELLER’S
                                         SOLE AND EXCLUSIVE WARRANTIES. SELLER MAKES NO OTHER WARRANTIES OF ANY KIND, EXPRESS
                                         OR IMPLIED, INCLUDING WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS
                                         FOR PURPOSE.

 

    	©AbTech Industries, Inc.	Page 10

     

    

 

  

		7.	Indemnity. Seller shall indemnify,
                                         defend and hold Buyer harmless from any claim, cause of action or liability incurred
                                         by Buyer as a result of third party claims for personal injury, death or damage to tangible
                                         property, to the extent caused by Seller's negligence. Seller shall have the sole authority
                                         to direct the defense of and settle any indemnified claim. Seller’s indemnification
                                         is conditioned on Buyer (a) promptly, within the Warranty Period, notifying Seller of
                                         any claim, and (b) providing reasonable cooperation in the defense of any claim.

 

		8.	Force Majeure. Under no circumstances
                                         shall either Seller or Buyer have any liability for any breach (except for payment obligations)
                                         caused by extreme weather or other act of God, strike or other labor shortage or disturbance,
                                         fire, accident, war or civil disturbance, delay of carriers, failure of normal sources
                                         of supply, change in law or other act of government or any other cause beyond such party's
                                         reasonable control.

 

		9.	Cancellation. If Buyer cancels
                                         or suspends its order for any reason other than Seller’s breach, Buyer shall pay
                                         Seller for work performed prior to cancellation or suspension and any other direct costs
                                         incurred by Seller as a result of such cancellation or suspension.

 

		10.	LIMITATION OF LIABILITY. NOTWITHSTANDING
                                         ANYTHING ELSE TO THE CONTRARY, SELLER SHALL NOT BE LIABLE FOR ANY CONSEQUENTIAL, INCIDENTAL,
                                         SPECIAL, PUNITIVE OR OTHER INDIRECT DAMAGES, AND SELLER’S TOTAL LIABILITY ARISING
                                         AT ANY TIME FROM THE SALE OR USE OF THE EQUIPMENT SHALL NOT EXCEED THE PURCHASE PRICE
                                         PAID FOR THE EQUIPMENT. THESE LIMITATIONS APPLY WHETHER THE LIABILITY IS BASED ON CONTRACT,
                                         TORT, STRICT LIABILITY OR ANY OTHER THEORY.

 

		11.	Miscellaneous. If these terms
                                         are issued in connection with a government contract, they shall be deemed to include
                                         those federal acquisition regulations that are required by law to be included. These
                                         terms, together with any quotation, purchase order or acknowledgement issued or signed
                                         by Seller, comprise the complete and exclusive statement of the agreement between the
                                         parties (the “Agreement”) and supersede any terms contained in Buyer’s
                                         documents, unless separately signed by Seller. No part of the Agreement may be changed
                                         or cancelled except by a written document signed by Seller and Buyer. No course of dealing
                                         or performance, usage of trade or failure to enforce any term shall be used to modify
                                         the Agreement. If any of these terms is unenforceable, such term shall be limited only
                                         to the extent necessary to make it enforceable, and all other terms shall remain in full
                                         force and effect. Buyer may not assign or permit any other transfer of the Agreement
                                         without Seller’s prior written consent. The Agreement shall be governed by the
                                         laws of the state of Arizona without regard to its conflict of law’s provisions.

 

    	©AbTech Industries, Inc.	Page 11

     

    

 

  

We have read and agree to this Proposal,
PS18001 dated September 10, 2018 and the terms and conditions within.

 

AbTech
Industries, Inc.

 

	/s/
    Robert C. Backman	 
	 	 
	Signature	 
	 	 
	Chief
    Operating Officer	 
	 	 
	Title	 
	 	 
	Robert
    C. Backman	 
	 	 
	Print Name	 
	 	 
	September
    26, 2018	 
	 	 
	Date	 
	 	 
	Hugo Neu Corporation	 
	 	 
	 	 
	Signature	 
	 	 
	 	 
	 	 
	Title	 
	 	 
	 	 
	 	 
	Print Name	 
	 	 
	 	 
	 	 
	Date	 

 

    	©AbTech Industries, Inc.	Page 12

     

    

  

 

ADDENDUM

 

-
Drawings Treatment Device

-
Product Details

 

     

     

    

 

'ATTACHMENT
B'

PROFESSIONAL SERVICES INSURANCE REQUIREMENTS

 

		A.	Insurance Requirements are as follows:

 

		1.	Hugo Neu Corporation (HNC), Hugo Neu Realty Management LLC (HNRM),
                                         Hugo Neu Kearny Development LLC (HNKD) and KPIP Urban Renewal I, LLC (collectively, the
                                         "HNC Entities"), and owners and affiliates, and each of their officers, directors,
                                         employees and agents must be named as Additional Insured and be evidenced via Certificate
                                         of lnsurance on all policies except for the Workers Compensation, Professional Liability
                                         and All Risk Property placements.

 

		2.	Insurance Requirements:

 

Contractor shall, at its sole cost and expense, but for the
mutual benefit of themselves and HNC Entities, maintain and shall cause all third party subcontractors or any tier to maintain,
the following coverages for the full term of the contract and all warranty periods

 

		A.	Commercial General Liability insurance (ISO Occurrence Form
                                         CGOOO1or equivalent),with limits of not less than $1,000,000 per occurrence and $2,000,000
                                         aggregate and insuring against bodily personal property damage, and including coverage
                                         for broad form contractual liability and products-completed operations. Both Additional
                                         Insured Endorsements CG2010 07/04 edition and CG2037 07/04 edition should be included.
                                         There shall be no endorsements or modification of the policy limiting the scope of coverage
                                         for liability arising from pollution, collapse or underground property damage. Completed
                                         Operations coverage maintained for 12 months after substantial completion of work.

 

		B.	Business Automobile Liability, truck and vehicle liability
                                         insurance covering all hired and vehicles driven by any Contractor or subcontractor on
                                         HNC Entities's premises and used in connection with the including any loading or unloading
                                         of such vehicles, with coverage limits of not less than combined single limit.

 

		C.	Workers' Compensation as required by statute, with Employers'
                                         Liability limits of insurance in the amount ofS1,000,000 without limitation of coverage
                                         for Occupational Disease.

 

		D.	Umbrella Liability (occurrence form) -increasing the above
                                         per occurrence limits of insurance to $6M per occurrence.

 

		E.	Professional Liability Insurance covering the Contractors for
                                         their Errors & Omissions and wrongful acts relating to the professional services
                                         provided to HNC Entities by the Contractor in a minimum amount of$3,000,000 per Occurrence
                                         and $3,000,000 Aggregate.

 

		F.	Contractors Pollution Legal Liability Insurance with limits
                                         of $5M per occurrence covering against clean up costs and third party liability arising
                                         out of pollution conditions caused by contractors or subcontractors operations or negligence
                                         at the Insured's premises. Coverage should include bodily property damage and environmental
                                         damage as well associated clean up costs. This policy may be placed on a claims-made
                                         or occurrence basis. If claims-made, the retroactive date of the policy must be dated
                                         to inception of any Work performed hereunder and should remain in force for a period
                                         of three years after work is completed. This requirement is applicable if the services
                                         provided are environmental in nature or can have an impact on environment or for work
                                         that is invasive to ground and/or soil.

 

		G.	All Risk Property coverage covering loss or damage on a replacement
                                         cost basis for any properly, machinery or equipment which may be brought on HNC Entities'
                                         Premises and used by Contractors in performance of services for HNC Entities via this
                                         agreement. HNC Entities will not be responsible for any Loss or damage to this property.

 

		3.	On those policies where Additional Insured status to HNC Entities
                                         is granted, coverage should be and Certificate should that your insurance is primary
                                         and non contributory with any coverage that HNC Entities may carry.

 

		4.	Certificateshouldstatethatwaiverofsubrogationinfavorofpartiesnamedaboveinparagraph#1willbeendorsedonall
                                         Policies (where allowed by law).

 

		5.	Certificate Holder: Hugo Neu Corporation 78 John Miller Way, Suite
                                         102 Kearny, New Jersey 07032

 

		6.	You are asked to provide us with copies of Additional Insured,
                                         Primary Non-Contributory and Waiver of Subrogation endorsements (confirming items 1,
                                         3 and 4).

 

		7.	All insurers must be rated A-9 or better by A.M. Best and authorized
                                         to write business in the state in which the work will be performed

 

		8.	Certificate of insurance must be provided to Hugo Neu Realty
                                         Management LLC prior to start of work by Contractor or Subcontractor. Contractor shall
                                         cause the policies required above to be endorsed to provide Hugo Neu Realty Management
                                         LLC and the Additional Insureds with 30days prior written notice in the event of a cancellation
                                         or non renewal of any of the above policies evidenced.

 

		9.	Indemnification/Hold Harmless· The Contractor shall, to
                                         the fullest extent permitted by law at Its own cost and expense, defend, indemnify and
                                         hold the HNC Entities harmless from and against any and all claims, loss (Including attorney
                                         fees, witnesses' fees and all court costs) damages, expense and liability (including
                                         statutory liability), resulting from injury and/or death of any person or damage to or
                                         Joss of any property arising out of and to the extent caused in whole or in part directly
                                         or Indirectly, by any negligent or wrongful act, error or omission or breach of contract,
                                         In connection with the operations and any activity of the Contractor and/or Subcontractors
                                         and its Employees, and Representatives. The foregoing indemnity shall include injury
                                         or death of any employee of the Contractor or subcontractor and shall not be limited
                                         in any way by the amount or type of damages, compensation or benefits payable under any
                                         applicable Workers Compensation, Disability Benefits or other similar employee benefits
                                         acts. This provision shall survive the expiration or termination of this agreement.

 

Revised 4/1012017

 

     

     

    

 

ATTACHMENT C

 

State of New Jersey

DIVISION OF TAXATION

 

	To be completed by Purchaser
and given to and retained by Seller. Read Instructions on back of this certificate.
	SALES TAX

        (N.J.S.A. 54328-8.22)
	CONTRACTOR’S NEW JERSEY TAX

        REGISTRATION NUMBER

 

CONTRACTOR’S EXEMPT PURCHASE CERTIFICATE

URBAN ENTERPRISE ZONE

UZ-4

 

 

	TO	 
	 	(Name of Seller)
	 	 
	 	 
	 	(Address of Seller)

 

The materials, supplies, or services purchased by the undersigned
are for exclusive use in erecting structures or building on, or otherwise improving, altering or repairing real property of a
qualified business entity within an urban enterprise zone.

 

THE BID OR CONTRACT COVERS WORK TO BE PERFORMED FOR:

 

Name of Qualified Business Entity: HUGO NEU REALTY MANAGEMENT
LLC

 

Trade Name:

 

	New Jersey Taxpayer Registration
    Number: 	371-770-367-000
	 	 
	Exempt Qualified Business Permit Number: 	000035132
	 	 
	Permit Effective Dates:        03/13/16
    	To:        03/12/17

 

ADDRESS OR LOCATION OF BID OR CONTRACT WORK SITE:

9 BASIS DR SUITE 120

KEARNY NJ 07032

 

I certify that all information on this certificate is correct.

 

	 	 	 
	(Name of Contractor)	 	(Subcontractor NJ Tax Registration Number)

 

	 	 	 
	(Business Address of Contractor)	 	(Name of Subcontractor)

  

	 	 	 
	 	 	(Business Address of Subcontractor

 

	By:	 	By:
	(Signature and Title of owner, partner, or officer
    of corporation)	 	(Signature of Subcontractor)

 

	 	 	 
	(Date)	 	(Date)

 

See INSTRUCTIONS
on reverse side

 

MAY BE REPRODUCED

(FRONT AND BACK REQUIRED)

 

     

     

    

 

UZ-4

INSTRUCTIONS TO SELLERS CONCERNING

CONTRACTOR’S EXEMPT PURCHASE CERTIFICATE

URBAN ENTERPRISE ZONE

 

Registered sellers who accept fully completed exemption certificates
within 90 days subsequent to the date of sales are relieved of liability for the collection and payment of sales tax on the transactions
covered by the exemption certificate. If it is determined that the purchaser improperly claimed an exemption, the purchaser will
be held liable for the nonpayment of the tax.

 

1.       All qualified businesses
receive a Contractor's Exempt Purchase Certificate (Form UZ-4). A qualified business issues Form UZ-4 to contractors hired to
build or make improvements to the real property of the qualified business.

 

2.       Upon receiving
the UZ-4 from a qualified business, the contractor must complete the front page of the UZ-4. The contractor must provide Its NJ
Tax registration number, its name, and business address. After completing and signing the UZ-4, the contractor may issue copies
to its suppliers or its subcontractors. The form must be signed by an owner, partner or officer representing the contractor.

 

3.       A subcontractor
who receives a UZ-4 from a prime or general contractor must complete the bottom right side of the front page providing its NJ
Tax registration number, its name, and business address, and signatures.

 

4.       This form may be used by numerous contractors. Each subsequent
contractor should attach an additional sheet containing the following: the subcontractor’s NJ Tax registration number, its
name, business address, and signature.

 

5.       The contractor’s
exemption is not available for the purchase, lease or rental of equipment used by the contractor to perform work on the real property
of the qualified business.

 

6.       A contractor (or
developer) which is a qualified business cannot use their own UZ-4 to purchase building materials for work performed for an owner
who is not a qualified business, or for property intended to be sold or rented. The UZ-4 can only be used if the property owner
Is a qualified business and intends to retain use of the property.

 

NOTE: Improper use of this certificate may result In penalty
and interest assessment or withdrawal of eligibility for any and all UEZ tax benefit. (N.J.S.A. 52:32B-26; N.J.S.A. 52-27H-62c;
J.J.A.C. 18:24-10.6).

 

	STATE
    OF NEW JERSEY, DIVISION OF TAXATION

 

- Reproduction of Form –

 

Private reproduction of this form may
be made without prior permission from the Division of Taxation.Exhibit (10)(a)

Consent of Ernst & Young LLP, Independent Registered Public Accounting Firm

We consent to the reference to our firm under the caption "Independent Registered Public Accounting Firm" in Post-Effective Amendment No. 70 to the 1933 Act Registration Statement (Form N-4 No. 333-36304) and Amendment No. 629 to the 1940 Act Registration Statement (Form N-4 No. 811-08517), and to the use therein of our reports dated (a) March 13, 2018, with respect to the consolidated financial statements of The Lincoln National Life Insurance Company and (b) April 11, 2018, with respect to the financial statements of Lincoln Life Variable Annuity Account N for the registration of interests in a separate account under individual flexible payment deferred variable annuity contracts.

 

/s/ Ernst & Young LLP

Philadelphia, Pennsylvania

September 28, 2018

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