Modification 02 to Other Transaction Agreement DAAB07-98-3-6003 between H. Power Corporation and U.S. Army CECOM

Summary

This document modifies an existing agreement between H. Power Corporation and the U.S. Army Communications-Electronics Command Acquisition Center. The modification adds $50,000 in incremental funding to support the Fuel Cell/Battery Hybrid project. All other terms and conditions of the original agreement remain unchanged. The modification is executed by the Army's Grants & Cooperative Agreement Officer.

EX-10.53 5 ex-10_53.txt EXHIBIT 10.53 DEPARTMENT OF THE ARMY U.S. ARMY COMMUNICATIONS-ELECTRONICS COMMAND ACQUISITION CENTER-WASHINGTON 2481 EISENHOWER AVENUE, ALEXANDRIA, VA ###-###-#### [LOGO] REPLY TO ATTENTION OF [LOGO] Acquisition Division B 7 December 1998 H. Power Corporation Attn: Mr. Arthur Kaufman, Vice President 60 Montgomery Street Belleville, NJ 07109 SUBJECT: Modification 02 to DAAB07-98-3-6003 (Other Transaction) for Fuel Cell/Battery Hybrid 1. This document constitutes Modification 02 to the subject Other Transaction Agreement between H. Power Corporation and U.S. Army CECOM Acquisition Center- Washington, under the terms of Article III, paragraph C.3 and Article V, paragraph A.1. 2. The agreement is modified to obligate incremental funding in the amount of $50,000. ACRN BA is hereby established as follows: ACRN BA: 218 2040 0000 ###-###-#### 2552 8JC825 CY9JCA26CYIA P622705H1100 0000 $28043 $50,000.00 3. All other terms and conditions remain unchanged. /s/ Peggy R. Melanson -------------------------------------- Peggy R. Melanson Grants & Cooperative Agreement Officer United States of America