Stock Purchase and Registration Agreement between Advanced Technology Industries, Inc. and EUROTECH, Ltd. (June 20, 2000)

Summary

This agreement is between Advanced Technology Industries, Inc. (ATI) and EUROTECH, Ltd. EUROTECH agrees to buy 500,000 shares of its own stock from ATI for $1.35 million by June 22, 2000, and to register the remaining 1.5 million shares held by ATI by August 20, 2000. If registration deadlines are missed, EUROTECH must buy additional shares from ATI at market price. ATI agrees to pay EUROTECH $350,000 owed for technology, deducted from the initial payment. The agreement sets clear deadlines and financial terms for both parties.

EX-10.18.2 8 0008.txt AGREEMENT WITH ATI E U R O T E C H --------------- 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 these 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, EUR OTECH, Ltd. agrees to purchase an additional 500,000 of EUR OTECH, Ltd. common stock from ATI at the current market price, based on the average of the ten previous days' closing bid price. Further, if E UROTECH, 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 price. 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. Hahnfeldt Don V. Hahnfeldt President, EUROTECH. Ltd. - -------------------------------------------------------------------------------- Agreed, Advanced Technology Industries, Inc. Agreed, EUROTECH, Ltd. Signed, Printed, Title Date June 20, 2000 Don V. Hahnfeldt, President Date 1216 16th Sr., N.W., Washington DC 20036 Phone: (202) 466-5448 Fax ###-###-#### Email: ***@*** Web: http://www.eurotechltd.com Advanced Technology Industries Inc. Taubenstrasse 20 10177 Berlin / Germany Tel: +49 30 / 201 77 80 Fax: +49 30 / 201 77 899