Share Purchase and Registration Agreement between Eurotech, Ltd. and Advanced Technology Industries, Inc.

Summary

Eurotech, Ltd. and Advanced Technology Industries, Inc. (ATI) have agreed that Eurotech will buy 500,000 shares of its own stock from ATI for $1.35 million by June 22, 2000, and will register the remaining 1.5 million shares held by ATI by August 20, 2000. If Eurotech misses these deadlines, it must buy additional shares from ATI at market price. ATI will pay Eurotech $350,000 owed for technology, deducted from the initial payment. Registration filings will be at no cost to ATI.

EX-10.8 2 0002.txt LETTER AGREEMENT WITH EUROTECH, LTD. [EUROTECH LOGO] June 20, 2000 Mr. Roy Jeppson Attorney for Advanced Technology Industries, Inc. Via Fax: 805 ###-###-#### Dear Mr. Jeppson: It is understood that Advanced Technology Industries, Inc. (ATI) desires to register or sell its 2 million shares of EUROTECH, Ltd. common stock. EUROTECH, Ltd. desires to register or purchase those shares and proposes the following agreement to ATI: EUROTECH, LTD. AGREES TO: Purchase 500,000 shares of EUROTECH, Ltd. common stock from ATI for $1.35 million by June 22, 2000. Register of remaining 1.5 million shares of EUROTECH, Ltd. common stock held by ATI on or before August 20, 2000. Additionally, if EUROTECH, Ltd. fails to meet the above filing date, EUROTECH, Ltd. agrees to purchase an additional 500,000 of EUROTECH, Ltd. common stock from ATI at the current market price, based on the average of the ten previous days' closing bid price. Further, if EUROTECH, Ltd. fails to file registration by September 20, 2000, EUROTECH, Ltd. agrees to purchase an additional 1,000,000 shares of EUROTECH, Ltd. common stock from ATI at the current market price, based on the average of the ten previous days' closing bid prices. Note: Registration filings will be made by EUROTECH, Ltd. at no cost to ATI. ADVANCED TECHNOLOGY INDUSTRIES, INC. AGREES TO: Pay EUROTECH, Ltd. the balance $350,000 owed on the tetrapak can technology (to be deducted from the initial $1.35 million payment of EUROTECH, Ltd.). Sincerely, /s/ Don V. Hohnfeldt Don V. Hohnfeldt President, EUROTECH, Ltd. /s/ Don V. Hohnfeldt June 20, 2000 - --------------------------------------- ---------------------------------- Agreed, Advanced Technology Industries, Inc. Agreed, EUROTECH, Ltd. Signed, Printed, Title, Date Don V. Hohnfeldt, President, Date /s/ illegible signature, President [Advanced Technology Industries Address Stamp] 1216 16th St., N.W., Washington, DC 20036 Phone ###-###-#### Fax: (202) 466-5591 Email: ***@*** Web: http://www.eurotechltd.com