Amendment Agreement Extending Maturity Date of Convertible Debenture between Eurotech, Ltd. and JNC Opportunity Fund, Ltd.

Summary

Eurotech, Ltd. and JNC Opportunity Fund, Ltd., represented by Encore Capital Management, L.L.C., have agreed to extend the maturity date of a $3,000,000 convertible debenture from February 23, 2001, to February 23, 2002. All other terms and conditions of the original debenture remain unchanged and are also extended for the additional year. This extension is formalized in writing to reflect the parties' prior oral agreement.

EX-10.14.11 5 0005.txt AGREEMENT DATED FEBRUARY 21, 2001 EX-10.14.11 - Agreement dated February 21, 2001 regarding extension of maturity February 21, 2001 Mr. James Q. Chau, Managing Member Encore Capital Management, L.L.C. 12007 Sunrise Valley Drive, Suite 460 Reston, Virginia 20191 Dear Mr. Chau: Thank you for your willingness to extend the due date for the three million dollars ($3,000,000.00) principal on Convertible Debentures agreement issued by Eurotech to JNC Opportunity Fund, Ltd. The following are terms agreeable to EUROTECH, Ltd. that have been orally agreed upon between us are formally proposed as amendments to the outstanding Debentures: That the Convertible Debenture with original due date of February 23, 2001 be extended one year to February 23, 2002. That other terms and conditions of the Convertible Debenture remain as agreed in previous agreements and are likewise extended to February 23, 2002. Your cooperation is greatly appreciated as it continues to be vital to EUROTECH, Ltd. success in delivering EKOR. Sincerely, /S/ Don V. Hahnfeldt - ------------------------- Don V. Hahnfeldt President, EUROTECH, Ltd. Agreed and accepted by: James Q. Chau, Encore Capital Management, L.L.C./ date