Document:

Exhibit 10.14

                      AMENDMENT NO. 1 TO LICENSE AGREEMENT

THIS AMENDMENT NO.1 TO LICENSE AGREEMENT, (the "Amendment"), is made as of this
5th day of March, 2004, by and between THE COATES TRUST, having a business
address at Katherina Court, 101 East Hill Place, Market Street North, Nassau,
the Bahamas, GEORGE J. COATES and GREGORY G. COATES, having a business address
c/o Coates International, Ltd., 2100 Highway #34 & Ridgewood Road, Wall
Township, New Jersey 07719-9738 ( collectively, the "LICENSOR") and COATES
MOTORCYCLE COMPANY, LTD., having its principal offices located at Central
Avenue, Building 3 Farmingdale, New Jersey 07727 ( the " LICENSEE").

                                   BACKGROUND

      WHEREAS, LICENSOR and LICENSEE entered into a certain License Agreement,
dated April 30, 2003 (the "License Agreement") pursuant to the general terms of
which LICENSOR granted LICENSEE a non-exclusive license to use and sell
motorcycles utilizing the CSRV Valve System in all of the countries and their
territories and possessions of the World except all of the countries and their
territories comprising North America, Central America and South America (the
"Territory"), for a period equal to the duration of the patents, including the
periods covering any continuations and reissuances thereof as well as any
additional patents that may be issued and that relate to the CSRV Valve System;

      WHEREAS, LICENSEE is engaged in the preparation of an initial public
offering of its securities and LICENSEE has determined that it would be in the
best interests of the LICENSEE and its present and future shareholders to amend
the License Agreement to seek an expansion of its rights under the License
Agreement by modifying the license from a non-exclusive license to utilize the
CSRV Valve System in the Territory to an exclusive license as well as to expand
LICENSEE's rights under the original License Agreement to include the rights to
manufacture, sublicense and franchise the technology;

      WHEREAS, LICENSOR has agreed to so expand LICENSEE's rights under the
License Agreement, provided LICENSEE pays to LICENSOR an additional licensing
fee payment, all as more fully described in this Amendment; and

      WHEREAS, LICENSOR and LICENSEE desire and intend to set forth in this
Amendment all of the express modifications to the License Agreement that shall
govern their business relationship.

      NOW, THEREFORE, in consideration of the premises and covenants, and other
good and valuable consideration, and the mutual promises of the performance of
the undertakings set forth herein, it is agreed by and among the LICENSOR and
LICENSEE as follows:

I. Amendment of License Agreement.

      Subject to the terms and conditions set forth herein, LICENSOR and
LICENSEE agree to amend the License Agreement in the following manner:

      1. Article 1.5, Field of Use, shall be amended by deleting Article 1.5 in
its entirety and substituting the following new Article 1.5 in lieu thereof:

<PAGE>

      1.5 Field of Use shall mean utilizing in the Territory the CSRV Valve
      System solely, and for no purpose other than, the manufacturing, use and
      sale of motorcycles and gasoline-powered internal combustion engines, used
      in motorcycles. This License and Field of Use shall also include the right
      to sublicense and/or make franchise agreements with third parties.

2. Article 1.14, Manufactured Unit, shall be amended by deleting Article 1.14 in
its entirety and substituting the following new Article 1.14 in lieu thereof:

      1.14.(A) Manufactured Unit shall mean a Licensed Product that has
      completed the manufacturing process by a permitted sublicensee or
      franchisee of LICENSEE under the terms of this Agreement and as a result,
      is included in the determination of royalty payments due and owing to
      LICENSOR pursuant to the terms of this Agreement.

      (B) Sold Unit shall mean a Licensed Product that has been sold by LICENSEE
      under the terms of this Agreement and the sales price from such sale has
      been received or collected by the LICENSEE and as a result, is included in
      the determination of royalty payments due and owing to LICENSOR pursuant
      to the terms of this Agreement.

3. Article 2.1, Licenses Granted to LICENSEE, shall be amended by deleting
Article 2.1 in its entirety and substituting the following new Article 2.1 in
lieu thereof:

      2.1 Licenses Granted to LICENSEE

      Subject to the terms and conditions set forth herein, for a license period
      equal to the duration of the Patents commencing upon the Payment Date, as
      defined in Section 5.1 (the "License Period"), unless terminated pursuant
      to Article VIII, LICENSOR hereby grants to LICENSEE:

      (a) Engines. An exclusive license, with the right to grant sublicenses and
      franchises to make, use or sell to others, throughout the Territory within
      the Field of Use under the Patent Rights and Technical Information subject
      to the payment of royalties as provided herein, to make or retrofit
      motorcycle engines that incorporate the CSRV Valve System in accordance
      with the Technical Specifications, and to sell, lease or otherwise dispose
      of such motorcycle engines; and

      (b) CSRV Valve Seals.Within the limitations set forth in subsections
      2.1(a), a non-exclusive license to use CSRV Valve Seals solely in the
      manufacture of CSRV Valve Systems for incorporation into motorcycle
      engines throughout the Territory within the Field of Use under the Patent
      Rights and Technical Information subject to the payment of royalties as
      provided herein.

4. Article 2.6, Acknowledgement of License., shall be amended by deleting
Article 2.6 in its entirety and substituting the following new Article 2.6 in
lieu thereof:

      2.6 - Acknowledgement of License. On all CSRV Valve Systems, LICENSEE, as
      well as any sublicensee or franchisee of LICENSEE, shall acknowledge that
      the same are manufactured under license from LICENSOR. Unless otherwise
      agreed to by the parties, the following notice shall be used by LICENSEE
      on an exposed surface of all Licensed Products: "Manufactured under
      license from Coates Trust" Such notice shall also be used in all
      descriptive materials and instruction and service manuals relating to the
      Coates Spherical Rotary Valve System

<PAGE>

5. Articles 5.1, Licensing Fee, 5.2, Royalties, 5.3, and 5.7, Books and Records,
shall be deleted in their entirety and the following new articles shall be
substituted in lieu thereof:

      5.1 - Licensing Fee. . In consideration of the rights granted in the
      License Agreement, LICENSEE issued to LICENSOR a licensing fee payment of
      2,500,000 shares of its common stock and such common shares were issued to
      the LICENSOR as follows: 500,000 shares to the Coates Trust, 1,000,000
      common shares to Gregory G. Coates and 1,000,000 common shares to George
      J. Coates. In further consideration of the expansion of the license
      granted to LICENSEE pursuant to Article II of this Amendment, LICENSEE
      hereby agrees to pay to the LICENSOR an additional licensing fee comprised
      of 5,924,000 shares of its common stock, to be issued to the LICENSOR as
      follows: 2,500,000 shares, to the Coates Trust, 1,424,000 common shares To
      Gregory G. Coates and 2,000,000 common shares to George J. Coates, with
      such additional licensing fee shares to be issued on the date LICENSEE
      executes this Amendment or as soon thereafter as practicable (both
      licensing fee payments of shares shall be collectively referred to as the
      "Licensing Fee"). LICENSOR and LICENSEE acknowledge and agree that the
      LICENSEE'S common stock issued and delivered pursuant to the License
      Agreement and this Amendment to LICENSOR shall not have any pre-emptive
      rights of any nature whatsoever and shall be subject to future dilution in
      the sole and exclusive discretion of LICENSEE for proper corporate
      purposes.

5.2 - Royalties.

      (a) In further consideration for the grant of the License described in
      Article II of this Amendment, LICENSEE and its sublicensees and
      franchisees shall pay LICENSOR royalties as follows: in the case of the
      LICENSEE, it shall pay a royalty to LICENSOR for each Sold Unit in the
      amount of $25.00 per each 1,000 cc. within the Territory, and; in the case
      of a sublicensee or franchisee of LICENSEE, it shall pay a royalty to
      LICENSOR for each Manufactured Unit that has completed the manufacturing
      process in the Territory in the amount of $25.00 per each 1,000 cc. and
      shall accrue when a Licensed Product becomes a Manufactured Unit produced
      by a sublicensee or franchisee of the LICENSEE. The royalties provided for
      in this Section 5.2 shall be payable with respect to each Sold Unit by
      LICENSEE sold within the Territory and with respect to each Manufactured
      Unit produced by a sublicensee or franchisee of the LICENSEE within the
      Territory.

      (b) Except as otherwise specified, the royalty payments required by
      Section 5.2 shall accrue, in the case of the LICENSEE when a Licensed
      Product becomes a Sold Unit and, in the case of a sublicensee or
      franchisee of LICENSEE, shall accrue when a Licensed Product becomes a
      Manufactured Unit.

      5.3 - LICENSEE or a sublicensee or franchisee of LICENSEE, as the case may
      be, shall pay the royalties accruing during each Payment Computation
      Period (consisting of each day during each calendar month for each
      calendar year, including the first and the last day of each calendar
      month), ten (10) days after the end of such Payment Computation Period and
      such payment shall be accompanied by a royalty report stating the
      following:

      (a) in the case of the LICENSEE, the number of Sold Units of each Licensed
      Product type sold during such Payment Computation Period, and in the case
      of a sublicensee or franchisee of the LICENSEE, the number of Manufactured
      Units of each Licensed Product type manufactured during such Payment
      Computation Period; and

<PAGE>

      (b) the amount of the royalty payment due for each such Licensed Product
      during each such Payment Computation Period, broken down to reflect the
      derivation of such amount.

      5.7 - Books and Records. Until five (5) years after the termination of the
      License Period, LICENSEE shall keep full and accurate books and records
      setting forth the sales records and the amount of compensation payable
      with respect to the Sold Units of each Licensed Product. In the case of a
      sublicensee or franchisee of LICENSEE, LICENSEE shall cause each
      sublicensee and franchisee to keep full and accurate books and records
      setting forth the manufacturing records and the amount of compensation
      payable with respect to the Manufactured Units of each Licensed Product.
      LICENSEE and its sublicensees and franchisees shall permit an independent
      certified public accountant selected by LICENSOR to examine such books and
      records, upon reasonable notice during working hours, at any time, but not
      later than two (2) years following the payment in question, for the
      purpose of verifying the reports, accounting and payments required by this
      Agreement.

6. Article 7.3, Obligations of LICENSEE, sections (a) and (b) shall be deleted
in their entirety and the following new Article 7.3, sections (a) and (b) shall
be substituted in lieu thereof:

      7.3 - Obligations of LICENSEE. LICENSEE will, and on behalf of its
      sublicensees and franchisees, cause them to:

            (a) execute all such tasks as may be necessary to bring about the
            speedy manufacture, sale and use of Licensed Products consistent
            with good business practice;

            (b) ensure that all steps within its power are undertaken with all
            reasonable speed to ensure that Licensed Products made and sold by
            LICENSEE and its sublicensees and franchisees comply with all
            relevant governmental regulations in the Territory; and

II. Ratification and Confirmation of Balance of Terms and Provisions of License
Agreement.

      LICENSOR and LICENSEE hereby ratify and confirm all of the terms and
provisions of the License Agreement not expressly modified by this Amendment and
incorporate by reference all of such terms and provisions into this Amendment as
if set forth herein in their entirety.

      IN WITNESS WHEREOF, the LICENSOR and LICENSEE have executed this Amendment
as of the day, month and year first above written.

                                       LICENSORS:

                                       THE COATES TRUST

                                       By: /s/ George J. Coates
                                           -------------------------
                                           George J. Coates, Trustee

<PAGE>

                                           /s/ George J. Coates
                                           ------------------------------
                                           George J. Coates, Individually

                                           /s/ Gregory G. Coates
                                           -------------------------------
                                           Gregory G. Coates, Individually

                                       LICENSEE:

                                       COATES MOTORCYCLE COMPANY, LTD.

                                       By: /s/ Gregory G. Coates
                                           ----------------------------
                                           Gregory G. Coates, President

AMENDMENT NO. 1 to Sublicense and License Agr 04-05-04 no sigsExhibit 10.15
                                    AMENDMENT

      This Amendment dated this 1st day of April, 2004 by and among Coates
International, Ltd., having a business address at Highway 34 and Ridgewood Road,
Wall Township, New Jersey 07719-0738, and George Coates, having an address at
Highway 34 and Ridgewood Road, Wall Township, New Jersey 07719-9738 (the above
identified parties are collectively referred to as the "Licensor") and McLean,
England and Associates, LLC, having its principal offices located at One Innwood
Circle, Suite 2004, Little Rock, Arkansas 72211 (the "Licensee").

      WHEREAS, Licensor and Licensee entered into a License Agreement originally
on April 12, 2002 and have operated pursuant to their agreement through the date
of this Amendment ("License Agreement");

      WHEREAS, Licensor has retrofitted the No.1 Diesel 855 engine incorporating
the Coates CSRV System, which engine is operational on a test stand. This engine
is not ready for final testing and many costly modifications are to be carried
out before it is ready for final testing.

      WHEREAS, Licensee has requested Licensor to retrofit another 855 No. 2
engine to gasoline incorporating the CSRV by doing so has placed an extra
expense and burden on Licensor. Currently, it is not financially feasible for
Licensor to complete both engines concurrently without considerable additional
funding and staff.

      WHEREAS, in the interest of time and efficiency Licensor and Licensee have
agreed to allow Licensee at its own expense to undertake various modifications
and refinements to the No. 1 855 Diesel powered CSRV truck engine;

      WHEREAS, in order to accomplish the aforesaid mutual objective of Licensor
and Licensee, it is necessary to supplement the License Agreement solely as
specified in, and limited by, this Amendment. The permission granted by Licensor
pursuant to this Amendment is not intend to, and does not constitute a novation
of the License Agreement.

      NOW, THEREFORE, in consideration of the premises and covenants, and other
good and valuable consideration, and the mutual promises of the performance of
the undertaking set forth in the License Agreement and in this Amendment, it is
agreed, by and among Licensor and Licensee, as follows:

      1.    DEFINED TERMS. Except as specifically defined herein, all
            definitions of terms used herein shall be in accordance with the
            License Agreement.

      2.    POSSESSION. For the limited purpose set forth in paragraph 6 below,
            Licensor shall permit Licensee to take possession of, but not title
            to, and to remove from Licensor's business premises, a single diesel
            powered internal combustion engine that Licensor has retro-fitted
            with the CSRV Valve System ("No. 1 Test Engine") together with one
            of the two trucks containing an 855 Cummins Engine owned by Licensee
            ("Test Truck"). Unless or until otherwise specified in the License
            Agreement, Licensor shall retain title to the Test Engine, with
            exception of the trucks which are the property of Licensee. The
            parties agree that the Test Engine is currently in a state of
            development, which Licensee will attempt to refine. The Test Engine
            is not ready for testing and certification, and does not constitute
            a delivery of such an engine as contemplated by the Confidential
            Addendum to the License Agreement.

<PAGE>

      3.    TEST MATERIAL. Licensor shall provide Licensee with, but not title
            to, the Test Engine on test stand, all related drawings or other
            intellectual property, that Licensor feels would aid Licensee in its
            refinement efforts (collectively the "Test Material"). If Licensee
            requires any parts from Licensor, Licensee must pay for parts made
            by Licensor.

      4.    SHIPPING. Licensee shall be responsible for packing, crating,
            shipping and transporting the Test Material and all costs associated
            therewith. Licensee shall be responsible for all damage from
            whatever cause or source caused to the Test Material, while the Test
            Material is off of Licensor's business premises. Within five (5)
            days of taking possession of the Test Material Licensee shall
            deliver the Test Material to Ram Industries 7200 Industry Dr., North
            Little Rock, 72117 ("Ram Premises").

      5.    INSURANCE. Licensee shall insure the Test Material against all
            damage and loss for its full replacement value which is currently
            estimated to be $250,000 with Licensor named as the sole loss payee;
            Licensor calculates it has expended approximately $2,500,000.00 on
            Licensee's Diesel 855 engine. Moreover, Licensee shall provide
            Licensor with an insurance policy providing general comprehensive
            liability coverage for Licensor in relation to the Test Material
            that meets the specifications of the License Agreement. The
            insurance policy(ies) shall be delivered by Licensee to Licensor
            before the Test Material is removed from Licensor's business
            premises. Each insurance policy shall be issued by an insurance
            company that is reasonably acceptable to Licensor and which is
            authorized to do business both in the State of New Jersey and in the
            State of Arkansas.

      6.    PURPOSE. Licensor grants its permission for Licensee at its own
            expense to use third party firms in its refinement efforts, which
            will be required to protect the confidentiality of Licensor's
            patents and trade secrets; each such consultant shall be required to
            sign a confidentiality agreement. The required confidentiality
            agreement is attached hereto as Exhibit A ("Confidentiality
            Agreement"). Licensee shall be responsible to enforce the
            Confidentiality Agreement and shall indemnify the Licensor against
            any loss associated with a breach of the Confidentiality Agreement
            caused by, or related to, an act or omission of Licensee. Licensor
            will be the owner of all work and improvements made by Licensee and
            its third party contractors. Licensee's efforts are intended to
            supplement those of Licensor and to accelerate the time when the
            Test Engine can be tested at Southwest Research Institute for EPA
            certification purposes. Licensor, however, without having any
            obligation to do so, may, in its sole and absolute discretion,
            continue to work on the No. 2 gasoline engine project to completion.

      7.    PAYMENT. All payments due Licensor by Licensee shall become due, and
            will be paid, in accordance with the License Agreement, except that
            if Licensee through its efforts produces an engine that satisfies
            the criteria specified in the License then the precondition to
            Licensee's payment obligation shall have been satisfied as if the
            Licensor had produced an engine that satisfied the criteria
            specified in the License and payment shall be due from the Licensee
            pursuant to the terms of the License Agreement.

      8.    REPORTS. Licensee shall provide Licensor with a written progress
            report every fifteen (15) days detailing the progress that is being
            made on the Test Engine.

      9.    LOCATION. Licensee shall not remove the Test Material from the Ram
            Premises without the prior written approval of the Licensor.
            Licensor and its agents, employees, contractors and consultants, on
            two (2) business days notice, shall have the absolute right, but not
            the obligation, to enter the Ram Premises, during normal business
            hours, to inspect the Test Engine and/or the Test Truck and all
            related data, plans, results, reports and documents relating to the
            Test Engine and/or the Test Truck.

<PAGE>

            Licensee represents to Licensor that the Ram Premises are safe and
            secure and that access to the Test Material will be limited to the
            Licensee and its consultant which access shall be governed by the
            terms of the Confidentiality Agreement.

      10.   INDEMNIFICATION. Indemnification between the parties will be in
            accordance with the License Agreement and paragraphs 4, 6 and 9
            hereof.

      11.   CONFIDENTIALITY. The confidentiality of Licensor's patents and trade
            secretes shall be maintained in accordance with the License
            Agreement and paragraphs 6 and 9 hereof.

      12.   BREACH; REMEDIES. In the event of a breach by either party of this
            Amendment the remedies of the parties shall be governed in
            accordance with the License Agreement.

      13.   NOTICES. All notices between the parties shall be made in accordance
            with License Agreement.

      14.   APPLICABLE LAW. The law applicable to this Amendment Agreement shall
            be in accordance with License Agreement.

      15.   SEVERABILITY. If any term, covenant, condition or provision of this
            Amendment, or the application thereof to any person or circumstance,
            shall, at any time or to any extent, be invalid or unenforceable,
            the remainder of this Amendment, or the application of such term or
            provision to persons or circumstances other than those as to which
            it is held invalid or unenforceable, shall not be affected thereby,
            and each term, covenant, condition and provision of this Amendment
            shall be valid and be enforced to the fullest extent permitted by
            law.

      16.   INTERPRETATION. Wherever herein the singular number is used, the
            same shall include the plural, and the masculine gender shall
            include the feminine and neuter genders, and vice versa, as the
            context shall require.

      17.   COUNTERPARTS. This Amendment may be executed in several
            counterparts, each of which shall be an original, but all of which
            shall constitute one and the same instrument.

      18.   SECTION HEADINGS. The section headings in this Amendment are
            inserted only as a matter of convenience in reference and are not to
            be given any effect whatsoever in construing any provision of this
            Amendment.

      19.   ASSIGNMENT. Neither this Amendment nor the License Agreement may be
            assigned by Licensee except as permitted by the License Agreement.

<PAGE>

ATTEST:                                COATES INTERNATIONAL, LTD.

/s/ Shirley Naidel                     BY:  /s/ George J. Coates
------------------------------------        ---------------------------
Shirley Naidel                              George J. Coates, President
Notary Public - New Jersey
My Commission Expires Dec. 27, 2005
as to Both Signatures of
George J. Coates

/s/ Shirley Naidel                          /s/ George J. Coates
----------------------                      ------------------------------
Shirley Naidel                              George J. Coates, Individually

ATTEST:                                McLEAN, ENGLAND & ASSOCIATES, LLC

(Illegible)                            By:  /s/ Jeff England
----------------------                      ----------------
                                            Jeff England

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