Purchase Order and Sale Agreement for 1KW Fuel Cell Stack between Arthur D. Little, Inc. and Nuvera Fuel Cells Europe S.p.A.

Summary

Arthur D. Little, Inc. and Nuvera Fuel Cells Europe S.p.A. entered into an agreement for the sale and transfer of a 1KW PEM fuel cell stack, valued at $16,000. The unit is shipped from Italy to the U.S. via DHL, with shipping costs covered by the shipper. Payment is due within 30 days of the invoice date. The agreement specifies that the unit will be returned to Nuvera in Italy after use. The transaction is not subject to tax under Italian law.

EX-10.32 19 0019.txt PURCHASE ORDER DATED MAY 30, 2000 EXHIBIT 10.32 PURCHASE ORDER No. 505924-00 INVOICE TO: DATE OF ORDER: Arthur D. Little, Inc. May 30, 2000 20 Acorn Park Cambridge, MA USA 02140-2390 Telephone: 617 ###-###-#### Telefax: 617 ###-###-#### Nuvera Fuel Cells Via Bistolfi, 35 20134 Milan, Italy Attn: Alessandro Delfrate - -------------------------------------------------------------------------- Item No. Quantity Catalog No. Description Price - -------------------------------------------------------------------------- 1 1KW Fuel Cell - valued at US$16,000 Dimensions (approx.): 18cm x 25 cm x 30cm; Net weight: 15Kg. This purchase order is issued to cover the transfer of the unit above to Nuvera, USA at no cost. The unit being transferred will be returned to Nuvera, Italy. Ship via DHL. Air Freight and transportation charges to be paid by shipper. Copy faxed on 5/30/00 - Do not duplicate - - -------------------------------------------------------------------------- TOTAL - -------------------------------------------------------------------------- Messrs ARTHUR D. LITTLE Inc. 20 Acorn Park, Cambridge MA USA 02140-2390 Invoice n.14 of 1/st/ June 2000 SALE of Nr.1 PEM FUEL CELL STACK rated 1 kw (Static device for the generation of electric power, made of aluminum hardware, carbon electrodes and plastic gasket) MODEL D.030.00.C.G.2.2.W.I.1 Serial Number 64 Goods are of Italian origin Customer order 505924-00 dated May 30, 2000 Total amount US$ 16.000.= Operation not subject to tax pursuant to art. 8 par. 1 letter A. Package n(degree) 1 case dimensions: 60 x 40 x 55cm Net weight Kg. 16 Gross weight Kg. 26 Marks "ADDRESS" Shipped: By Nuvera Fuel Cells Europe S.p.A. Delivery Terms: by DHL; DDP Cambridge MA USA Terms of payment T/T 30 days invoice date C/o Banca Popolare di Bergamo Milan Headquarters Account n. 86257 ABI 05428 cab 01602 NUVERA FUEL CELLS EUROPE S.P.A. 2