Assignment Notice of License and Remarketer Agreement between American Technology Corporation and General Dynamics Armament and Technical Products, Inc.

Summary

This notice informs American Technology Corporation that the License and Remarketer Agreement originally made with Bath Iron Works Corporation has been assigned to General Dynamics Armament and Technical Products, Inc. (GDATP), effective September 4, 2003. All future communications regarding the agreement should be directed to GDATP at their Burlington, Vermont address. The notice also provides updated contact information for contractual correspondence. The assignment follows the terms set out in the original agreement.

EX-10.28.2 5 atc_10kex10-282.txt EXHIBIT 10.28.2 GENERAL DYNAMICS Armament and Technical Products September 23, 2003 In response reply to 03DAP09-0025 American Technology Corporation 13114 Evening Creek Drive S. San Diego, CA 92128 USA Attention: Terry Conrad/Carl Gruenler Reference: License and Remarketer Agreement between American Technology Corporation ("ATC") and Bath Iron Works Corporation (BIW), dated February 13, 2003 ("License"). Effective September 4, 2003, the referenced License was assigned, pursuant to Article 13(e) therein, from BIW to its Affiliate, General Dynamics Armament and Technical Products, Inc., located at 128 Lakeside Avenue, Burlington, Vermont ###-###-#### ("GDATP"). Pursuant to Article 13(i) of the License, GDATP requests all future notices be delivered to: Director of Contracts General Dynamics Armament and Technical Products, Inc. 128 Lakeside Avenue Burlington, Vermont ###-###-#### Fax: (802) 657-7203 With a copy to: General Counsel General Dynamics Armament and Technical Products, Inc. 128 Lakeside Avenue Burlington, Vermont ###-###-#### Fax: (802) 657-6590 Please direct any questions to the undersigned. Sincerely, /s/ Duane A. Patrick Duane A. Patrick Manager, Contracts Operations