Compensation Schedule Amendment to Cooperation and Services Supply Agreement between NORFIN S.p.A. and De Nora Fuel Cells S.p.A.

Summary

This document is an amendment to a Cooperation and Services Supply Agreement between NORFIN S.p.A. and De Nora Fuel Cells S.p.A., updating the daily compensation rates for various categories of personnel effective May 1, 2000. The agreement specifies new daily rates for top management, management, specialized, and qualified personnel. Both parties, represented by their presidents, have agreed to these updated terms by countersigning the document. The amendment ensures clarity on compensation for services provided under the original agreement.

EX-10.7(A) 6 0006.txt SCHEDULES TO EXHIBIT 10.7 Exhibit 10.7(a) Attachment "A" COMPENSATION ------------ TOP MANAGEMENT PERSONNEL 3,000,000 lire/day - ------------------------------------------- (Saponelli) MANAGEMENT PERSONNEL 1,500,000 lire/day - ------------------------------------------- (Ferrari) SPECIALIZED PERSONNEL 1,000,000 lire/day - ------------------------------------------- (Fazzoletti) QUALIFIED PERSONNEL Lire 600,000 lire/day - ------------------------------------------- (other NORFIN personnel) Milan, January 10, 2000 NORFIN S.P.A. DE NORA FUEL CELLS S.P.A. /s/ Mauro Saponelli /s/ Michele Tettamanti - -------------------- ----------------------- Mauro Saponelli Michele Tettamanti 1 NORFIN VIA BISTOLFI, 35 - 20143 MILAN ORONZIO DE NORA GROUP TEL. (02) 21291 - FAX (02) 26412530 Telex 310552 - 322231 ODENOR I e-mail: ***@*** DE NORA FUEL CELLS S.p.A. Via Bistolfi 35 20134 MILAN Milan, May 2, 2000 Re: Cooperation and Services Supply Agreement dated 01/10/00 With reference to the provision of point 5 of the agreement in question, please find enclosed the updated table of considerations, which takes effect on May 1, 2000. If you agree with same, please return a countersigned copy of this letter to indicate your acceptance. Sincerely, For acceptance [stamp] DE NORA FUEL CELLS spa [stamp] NORFIN s.p.a. /s/ Michele Tettamanti /s/ Mauro Saponelli - ---------------------- ------------------------- Michele Tettamanti Mauro Saponelli President President 2 STOCK CORPORATION - CAPITAL STOCK: 37,500,000,000 LIRE (wholly paid-in) - REGISTERED IN THE CORPORATE REGISTER, REGULAR SECTION AS NO. 203816 - R.E.A. NO. 1063960 AT C.C.I.A.A., MILAN - TAX ID NO. 06036090152 3 Attachment "A" COMPENSATION ------------ TOP MANAGEMENT PERSONNEL 3,000,000 lire/day - ------------------------------------------- (Saponelli, Ladavas, Mora) MANAGEMENT PERSONNEL 1,500,000 lire/day - ------------------------------------------- (Ferrari) SPECIALIZED PERSONNEL 1,000,000 lire/day - ------------------------------------------- (Mazzoletti) QUALIFIED PERSONNEL Lire 600,000 lire/day - ------------------------------------------- (other NORFIN personnel) For acceptance [stamp] NORFIN s.p.a. [stamp] DE NORA FUEL CELLS s.p.a. /s/ Michele Tettamanti /s/ Mauro Saponelli - ----------------------- -------------------- Michele Tettamanti Mauro Saponelli President President 4