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Business Loan Agreement [Amended and Restated]
Business Loan Agreement [Amended and Restated] (112K)
Doc #192124: Click preview link for longer preview.
AMENDED AND RESTATED BUSINESS LOAN AGREEMENT
This Amended and Restated Business Loan Agreement dated as of August 31, 1999, is between BANK OF AMERICA, NATIONAL ASSOCIATION (formerly known as Bank of America National Trust and Savings Association and herein, together with its successors and assigns, called the "Bank") and FUEL TECH, INC., a Massachusetts corporation (the "Borrower").
W I T N E S E T H:
WHEREAS, the Bank and the Borrower are parties to a Business Loan Agreement dated as of July 31, 1998 (the "Original Loan Agreement"); and
WHEREAS, the Bank and the Borrower desire to amend the Original Loan Agreement and, in connection therewith, to restate the Original Loan Agreement in its entirety.
NOW, THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged the Bank and the Borrower agree to amend and restate the Original Loan Agreement to read in its entirety as set forth below.
1. COMMITMENTS.
On the terms and subject to the conditions of this Agreement, and in reliance upon the warranties of the Borrower set forth herein and in the other Loan Documents (as defined in Section 7.7), the Bank agrees as follows:
1.1 LINE OF CREDIT AMOUNT AND TERMS
(a) Line of Credit Amount.
(i) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Line of Credit Commitment") is Three Million Dollars ($3,000,000.00). The amount available to the Borrower (the "Availability") at any time is Three Million Dollars ($3,000,000.00). If at any time the total amount of principal outstanding under the line of credit exceeds this limit, the Borrower will, not later than two (2) days after demand by the Bank, reduce the total amount outstanding in order to comply with this limit.
(ii) This is a revolving line of credit providing for cash advances and standby letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them.
{PAGE}
(iii) The aggregate principal balance of cash advances outstanding at any one time may not exceed $3,000,0000 minus outstanding amounts of any letters of credit issued pursuant to the Line of Credit Commitment set forth in this Agreement (including amounts drawn on such letters of credit and not yet reimbursed). For purposes of determining the amount outstanding under any letter of credit denominated in a currency other than U.S. Dollars (a "Foreign Currency"), the U.S. Dollar equivalent of such Foreign Currency amount shall be determined by the Bank from time to time on the basis of the spot rate at which the Bank offers to purchase such Foreign Currency with U.S. Dollars at approximately 10:00 am., Chicago, Illinois time on the date of determination.
(iv) Each advance will be for at least $100,000, or for the amount of the remaining available line of credit, if less.
(v) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed, to exceed the Commitment.
(b) Availability Period. The line of credit is available between the date of this Agreement and August 31, 2002 (the "Expiration Date") unless the Borrower is in default.
(c) Interest Rate.
(i) Unless the Borrower elects an optional interest rate as described below, the interest rate is a per annum rate equal to the Reference Rate defined below.
(ii) The Reference Rate is the rate of interest publicly announced from time to time by the Bank in San Francisco, California, as its Reference Rate. The Reference Rate is set by the Bank based on various factors, including the Bank's costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans. The Bank may price loans to its customers at, above, or below the Reference Rate. Any change in the Reference Rate will take effect at the opening of business on the day specified in the public announcement of a change in the Bank's Reference Rate.
(d) Optional Interest Rates. Instead of the interest rate based on the Bank's Reference Rate, the Borrower may elect the optional interest rates listed below during interest periods of one, two, three or six months. The optional interest rates shall be subject to the terms and conditions described later in this Agreement. Any principal amount bearing interest at an optional rate under this Agreement is referred to as a "Portion." The following optional interest rate is available: the IBOR Rate plus 2.25 percentage points.
192124
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Clean Diesel
As referenced in this Business Loan Agreement [Amended and Restated]:
Clean Diesel Technologies, – than up to $500,000 of losses with respect to the
Borrower's investment in Clean Diesel Technologies, Inc.) earned in each
quarterly accounting period commencing after June 30, 1999; plus
(c) Clean Diesel Technologies, – claims arising in the ordinary course of business;
(e) an investment by the Borrower in Clean Diesel Technologies, Inc.
in an aggregate amount not to exceed $500,000;
(f) investments by the Clean Diesel Technologies, – claims arising in the ordinary course of business;
(e) an investment by the Borrower in Clean Diesel Technologies, Inc. in
an aggregate amount not to exceed $500,000;
(f) investments by the
dt 55711
;
Fuel Tech
As referenced in this Business Loan Agreement [Amended and Restated]:
Fuel-Tech N.V., – Notes. Duly executed promissory notes in the forms of Exhibit A-1
and Exhibit A-2.
(e) Subordination Agreement Reaffirmation. The reaffirmation by Fuel-Tech N.V.,
a Netherlands Antilles limited liability company and parent of Borrower ("FTNV")
that the subordination agreement executed and delivered by FTNV in connection
_____________
Fuel-Tech N.V., – quarter end, quarterly
financial statements. These financial statements may be Borrower prepared.
-17-
{PAGE}
(c) Copies of (1) the Form 20-F of Fuel-Tech N.V., a Netherlands
Antilles limited liability company, within 5 days after the date of its being
filed with the Securities and Exchange Commission _____________
Fuel Tech N.V.' – company, within 5 days after the date of its being
filed with the Securities and Exchange Commission and (2) any press releases
concerning Fuel Tech N.V.' s operating results, within 5 days following the
issuance thereof.
(d) Within the period(s) provided in (a) and (b) above, a compliance
_____________
Fuel-Tech N.V. – following, each duly executed and dated the closing date hereof, in form and
substance satisfactory to the Bank:
(a) Amendment. This Amendment;
(b) Fuel-Tech N.V. Reaffirmation. Fuel-Tech N.V. shall have
executed and delivered to the Bank a Reaffirmation of Subordination Agreement in
the form of Exhibit _____________
Fuel-Tech N.V. – dated the closing date hereof, in form and
substance satisfactory to the Bank:
(a) Amendment. This Amendment;
(b) Fuel-Tech N.V. Reaffirmation. Fuel-Tech N.V. shall have
executed and delivered to the Bank a Reaffirmation of Subordination Agreement in
the form of Exhibit A attached hereto; and
-3-
{ _____________
dt 224917
;
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BofA
As referenced in this Business Loan Agreement [Amended and Restated]:
BANK OF AMERICA, – This Amended and Restated Business Loan Agreement dated as of August
31, 1999, is between BANK OF AMERICA, NATIONAL ASSOCIATION (formerly known as
Bank of America National Trust and Savings Association and
Bank of America – as of August
31, 1999, is between BANK OF AMERICA, NATIONAL ASSOCIATION (formerly known as
Bank of America National Trust and Savings Association and herein, together with
its successors and assigns, called the "
BANK OF AMERICA, – Agreement is executed as of the date stated at the top of the first page.
BANK OF AMERICA, FUEL TECH INC., a Delaware
NATIONAL ASSOCIATION corporation
By: By
Title: Title: Vice President
Bank of America, – 312) 828- Facsimile: 630-845-4501
-33-
{PAGE}
AMENDMENT NO. 1 TO
AMENDED AND RESTATED
Bank of America, N.A. BUSINESS LOAN AGREEMENT
This Amendment No. 1 (the "Amendment") dated as of
BANK OF AMERICA, – AGREEMENT
This Amendment No. 1 (the "Amendment") dated as of December 31, 1999, is between
BANK OF AMERICA, NATIONAL ASSOCIATION (the "Bank") and FUEL TECH, INC. (the
"Borrower").
RECITALS
A. The Bank
dt 40542
;
Fuel Tech, Inc.
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 | 2004 |
Bylaws
Bylaws (39K)
Doc #1074495: Click preview link for longer preview.
BY-LAWS
As Amended Through June 11, 2003
ARTICLE I
OFFICES
Section 1.1. Registered Office. The Corporation's registered office
shall be in the City of Wilmington, County of New Castle, State of
Delaware.
Section 1.2. Other Offices. The Corporation may also have offices at
such other places within or without the State of Delaware as the Board of
Directors shall determine.
ARTICLE II
. . .
1074495
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Clean Diesel
As referenced in this Bylaws:
Clean Diesel Technologies, –
EX-4.2
3
bylaws.txt
Exhibit 4.2
Clean Diesel Technologies, Inc.
A Delaware Corporation
BY-LAWS
As Amended Through June 11, 2003
ARTICLE I
OFFICES
Section 1.1. Registered Office. The Corporation's registered office
shall be in the _____________
Clean Diesel Technologies, – the holders of a majority of the
shares of capital stock entitled at the time to vote for the election of
Directors.
Schedule A to the By-Laws of Clean Diesel Technologies, Inc.
(a) In the event that the Company receives a Transfer Form in relation
to any shares in respect of which a valid Stock Deposit Transaction has
been entered _____________
dt 1388775
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| Full Doc
 | 2007 |
Commitment Letter
Commitment Letter (31K)
Doc #2696864: This document is immediately available for purchase, but does not have a preview available for viewing.
2696864
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| Full Doc
 | 2007 |
Commitment Letter
Commitment Letter (29K)
Doc #2696865: This document is immediately available for purchase, but does not have a preview available for viewing.
2696865
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 | 2004 |
Employment Agreement
Employment Agreement (14K)
Doc #1074483: Click preview link for longer preview.
AGREEMENT made as of the 1st day of March, 2001 by and between, CLEAN DIESEL
TECHNOLOGIES, INC. a Delaware corporation of 300 Atlantic Street, Stamford,
Connecticut 06901 (the "Company"), and DAVID W. WHITWELL of 5 Mohegan Lane Rye
Brook, NY 10573 ("Employee").
WHEREAS, the Company desires certain services for itself and its subsidiaries
and affiliates and Employee desires to contract with the Company to perform such
services;
NOW THEREFORE, in consideration of the mutual covenants hereinafter recited, the
sufficiency of which is hereby acknowledged, . . .
1074483
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Clean Diesel
As referenced in this Employment Agreement:
CLEAN DIESEL
TECHNOLOGIES, – 10.5
6
doc6.txt
EXHIBIT 10.5
Exhibit 10.5
EMPLOYMENT AGREEMENT
--------------------
AGREEMENT made as of the 1st day of March, 2001 by and between, CLEAN DIESEL
TECHNOLOGIES, INC. a Delaware corporation of 300 Atlantic Street, Stamford,
Connecticut 06901 (the "Company"), and DAVID W. WHITWELL of 5 Mohegan Lane Rye
Brook, NY 10573 ("Employee").
WHEREAS, the Company _____________
CLEAN DIESEL TECHNOLOGIES, – to the address first given
above or such other address as may be given by notice as provided herein.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement.
Employee CLEAN DIESEL TECHNOLOGIES, INC.
By: /s/ David W. Whitwell By: /s/ C. W. Grinnell
-------------------------- ---------------------------
David W. Whitwell Charles W. Grinnell
Vice President Vice President
Date: 8/6/01 Date: 8/7/01
------------------------- ---------------------------
< _____________
dt 1388774
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 | 2007 |
Employment Agreement
Employment Agreement (16K)
Doc #2797447: Click preview link for longer preview.
EMPLOYMENT AGREEMENT
CLEAN DIESEL TECHNOLOGIES, INC. - ANN B. RUPLE
AGREEMENT made as of the date set forth below by and between Ann B. Ruple
of 15 Algonquin Road, Fairfield, CT 06825 ("Employee") and Clean Diesel
Technologies, Inc., a Delaware corporation (the "Company"), having a place of
business at Suite 702, 300 Atlantic Street, Stamford, CT 06901.
WHEREAS, the Company desires certain services for itself and Employee
desires to contract with the Company to perform such . . .
2797447
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Clean Diesel
As referenced in this Employment Agreement:
CLEAN DIESEL TECHNOLOGIES, – {DOCUMENT}
{TYPE}EX-10.(Z)
{SEQUENCE}8
{FILENAME}ex10_z.txt
{DESCRIPTION}EXHIBIT 10(Z)
{TEXT}
Exhibit 10(z)
EMPLOYMENT AGREEMENT
CLEAN DIESEL TECHNOLOGIES, INC. - ANN B. RUPLE
AGREEMENT made as of the date set forth below by and between Ann B. Ruple
of 15 Algonquin Road, Fairfield, CT 06825 ("Employee") and Clean _____________
Clean Diesel
Technologies, – DIESEL TECHNOLOGIES, INC. - ANN B. RUPLE
AGREEMENT made as of the date set forth below by and between Ann B. Ruple
of 15 Algonquin Road, Fairfield, CT 06825 ("Employee") and Clean Diesel
Technologies, Inc., a Delaware corporation (the "Company"), having a place of
business at Suite 702, 300 Atlantic Street, Stamford, CT 06901.
WHEREAS, the Company desires certain services for itself and _____________
CLEAN DIESEL TECHNOLOGIES, – such other address as may be given by notice as provided herein.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date first above written.
EMPLOYEE CLEAN DIESEL TECHNOLOGIES, INC.
/s/ Ann B. Ruple /s/ B. Steiner
----------------------------------- ----------------------------------
Name: Name:
(Vice) President
Date: 11/29/06 Date: 11/29/06
---------------------------- -----------------------------
5
{/TEXT}
{/DOCUMENT} _____________
dt 1718692
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 | 2001 |
Letter Agreement Re: U.S.$1 million Term Loan Facility with Warrants
Letter Agreement Re: U.S.$1 million Term Loan Facility with Warrants (17K)
Doc #229664: Click preview link for longer preview.
November 14, 2000
David W. Whitwell Vice President & CFO Clean Diesel Technologies, Inc. Suite 702 300 Atlantic Street Stamford CT 06901
Re: U.S.$1 Million Term Loan Facility with Warrants -----------------------------------------------
Dear Mr. Whitwell:
We are pleased to participate as Lenders in the above-captioned loan facility. The terms and conditions of this facility follow and, if Clean Diesel Technologies, Inc. (the "Company") is in agreement with such terms and conditions, kindly sign below where indicated and return one fully executed copy of this letter to the undersigned.
1. The Loan. The loan shall be up to the amount of $1 million from all Lenders --------- (the "Loan"). This facility shall terminate on November 14, 2001.
2. Borrowings. The Company may borrow and the Lenders shall lend up to the full ---------- amount of the Loan on seven (7) days notice from the Company to the Lenders to the attention of the Lenders' representative(s) and at the addresses set out below (a "Borrowing"). There shall be no more than five (5) Borrowings in amounts each of not less than $200,000. Each Lender shall advance such portion of a Borrowing as shall be in proportion to such Lender's participation in the Loan set out below.
3. The Notes. Each Borrowing shall be evidenced by a form of Senior Promissory ---------- Note or Notes accruing interest at the rate of 10% per annum and with the terms and conditions more particularly set out in Schedule A attached hereto (the "Notes"). The sum of the principal amount of all Notes issued in a Borrowing shall be equal to the amount of the Borrowing as set out in the Company's notice to the Lenders. The Notes, regardless of issue date, shall be due and payable on May 14, 2002. It is agreed that, as Senior Debt, the Notes shall rank ahead of the Company's Subordinated Debt and, as debt, shall rank ahead of the Company's preferred stock, par U.S.$0.05 per share and common stock, par U.S.$0.05 per share (the "Common Stock").
229664
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Clean Diesel
As referenced in this Letter Agreement Re: U.S.$1 million Term Loan Facility with Warrants:
Clean Diesel Technologies, – FILENAME}0003.txt
{TEXT}
Exhibit 10o
November 14, 2000
David W. Whitwell
Vice President & CFO
Clean Diesel Technologies, Inc.
Suite 702
300 Atlantic Street
Stamford CT 06901
Re: U.S.$1 Million Clean Diesel
Technologies, – the above-captioned loan facility.
The terms and conditions of this facility follow and, if Clean Diesel
Technologies, Inc. (the "Company") is in agreement with such terms and
conditions, kindly sign below
CLEAN DIESEL TECHNOLOGIES, – W1G 9JF U.K.
TREVOR NEWMAN
(Agent for Lender) Participation $300,000
/s/ Trevor Newman
------------------------------
CLEAN DIESEL TECHNOLOGIES, INC.
(Borrower)
By: /s/ D.W. Whitwell
---------------------------
David W. Whitwell
Vice President, Treasurer
& CFO
Clean Diesel Technologies, – W. Whitwell
Vice President, Treasurer
& CFO
34
{PAGE}
Senior Promissory Note Schedule A
$ December , 2000
------------
Clean Diesel Technologies, Inc., a Delaware corporation (the "Company")
hereby promises to pay to the order of___________________________________
(
CLEAN DIESEL TECHNOLOGIES, – Company hereunder shall be governed by
the internal substantive laws of the State of Delaware.
CLEAN DIESEL TECHNOLOGIES, INC.
By: Attest:
-------------------------- ----------------------
Name: David W. Whitwell Name: Charles W. Grinnell
Title: Vice President
dt 55757
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| Full Doc
 | 2003 |
Clean Diesel Technologies Signs Commitment Letters to Raise $3.8 M
Clean Diesel Technologies Signs Commitment Letters to Raise $3.8 M (5K)
Doc #229632: This document is immediately available for purchase, but does not have a preview available for viewing.
{DOCUMENT} {TYPE}EX-99.1 {SEQUENCE}3 {FILENAME}doc2.txt {TEXT} Exhibit 99.1
NEWS RELEASE FOR SEPTEMBER 8, 2003 AT 2:30 AM EDT AND 7:30 AM GMT (LONDON TIME) -------------------------------------------------------------------------------- Contact: Allen & Caron Inc or Clean Diesel Technologies, Inc. Jay F. McKeage (investors) James M. Valentine, President (212) 691-8087 David W. Whitwell, CFO jay@allencaron.com (203) 327-7050 ------------------ Len Hall (media) (949) 474-4300 len@allencaron.com ------------------
CLEAN DIESEL TECHNOLOGIES SIGNS COMMITMENT LETTERS TO RAISE $3.8 M
FUNDS WILL SUPPORT EPA AND CARB VERIFICATION OF JOINT TECHNOLOGY FOR DIESEL EMISSIONS CONTROL
STAMFORD, CT (September 8, 2003) Clean Diesel Technologies, Inc. (CDT) (EBB:CDTI & AIM:CDT/CDTS) announced today that it has signed commitment letters with a strategic partner and several current UK based CDT shareholders for the issue of $3.8 Million of CDT's common stock at a price of $1.63 per share. CDT expects to complete the private placement on September 26, 2003.
The new CDT common shares will be issued in reliance on the exemption from registration under Regulation S under the US Securities Act for offshore private placements. Because the new shares are subject to transfer restrictions for a period of time, they may not be resold to persons in the US or US persons, but may otherwise be traded in the UK without other restrictions. Application for the shares to trade on the Alternative Investment Market (AIM) of the London stock exchange will be made and the shares are expected to trade on AIM under the ticker symbol CDTI.
The proceeds of the fund raising will be used to complete verification with EPA and the California Air Resources Board (CARB) of a catalyzed wire mesh filter (CWMF) and the Company's patented Platinum Plus(R) fuel borne catalyst (FBC), as well as general operating purposes. Previous tests at Southwest Research Institute (SwRI) of the FBC/CWMF system generated over 65 percent particulate reduction and in excess of 75 percent reduction of hydrocarbons (HC) and carbon monoxide (CO) while minimizing the formation of unwanted nitrogen dioxides (NO2). The Company is in the process of obtaining the required 1,000 hours of in-field use for final verification testing expected to take place in fourth quarter 2003.
James Valentine, CDT President & COO, commented, "These funds will allow us to complete the required field trials and third party testing required by EPA and CARB for verification, as well as to expand our sales and technical support functions with key corporate customers. Once verified, the combination of FBC/CWMF will provide a strong Level 2 control technology under CARB's diesel retrofit protocol."
MORE-MORE-MORE
{PAGE} CLEAN DIESEL TECHNOLOGIES SIGNS COMMITMENT LETTERS TO RAISE $3.8 M Page 2-2-2
CDT recently completed testing to support verification with both the EPA and CARB of its Platinum Plus Purifier System, consisting of CDT's Platinum Plus FBC and a lightly-catalyzed diesel oxidation catalyst (DOC). Tests at SwRI of the FBC/DOC system resulted in over 45 percent reduction in particulate emissions which meets a solid Level 1 control with CARB's retrofit program. The FBC/DOC system is now listed on the EPA's verified technologies website, with final reduction percentages expected to be posted in the next 30 to 60 days after the EPA reviews all of the data.
Both the FBC/DOC and FBC/CWMF systems will be targeted at school bus fleets, delivery vehicles and refuse trucks. They will provide lower cost solutions to end users without the problems of excessive NO2 generation from traditional heavily catalyzed systems.
About Clean Diesel Technologies, Inc. -----------------------------------------
Clean Diesel Technologies, Inc. is a specialty chemical company with patented products that reduce emissions from diesel engines while simultaneously improving fuel economy and power. Products include Platinum Plus(R) fuel catalysts and the ARIS(R) 2000 urea injection systems for selective catalytic reduction of NOx. Platinum Plus and ARIS are registered trademarks of Clean Diesel Technologies, Inc.
For more information contact Clean Diesel Technologies directly, or visit their web site at www.cdti.com. ------------
Certain statements in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known or unknown risks, including those detailed in the Company's filings with the Securities and Exchange Commission, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. # # # #
{PAGE}
{/TEXT} {/DOCUMENT}
229632
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Clean Diesel
As referenced in this Clean Diesel Technologies Signs Commitment Letters to Raise $3.8 M:
Clean Diesel Technologies, – 30 AM EDT AND 7:30 AM GMT (LONDON TIME)
--------------------------------------------------------------------------------
Contact: Allen & Caron Inc or Clean Diesel Technologies, Inc.
Jay F. McKeage (investors) James M. Valentine, President
(212) 691-8087 David W. CLEAN DIESEL TECHNOLOGIES – jay@allencaron.com (203) 327-7050
------------------
Len Hall (media)
(949) 474-4300
len@allencaron.com
------------------
CLEAN DIESEL TECHNOLOGIES SIGNS COMMITMENT LETTERS TO RAISE $3.8 M
FUNDS WILL SUPPORT EPA AND CARB VERIFICATION Clean Diesel Technologies, – AND CARB VERIFICATION OF JOINT TECHNOLOGY
FOR DIESEL EMISSIONS CONTROL
STAMFORD, CT (September 8, 2003) Clean Diesel Technologies, Inc. (CDT)
(EBB:CDTI & AIM:CDT/CDTS) announced today that it has signed commitment
CLEAN DIESEL TECHNOLOGIES – strong Level 2 control technology under CARB's diesel
retrofit protocol."
MORE-MORE-MORE
{PAGE}
CLEAN DIESEL TECHNOLOGIES SIGNS COMMITMENT LETTERS TO RAISE $3.8 M
Page 2-2-2
CDT recently Clean Diesel Technologies, – end users without the problems of excessive NO2 generation from
traditional heavily catalyzed systems.
About Clean Diesel Technologies, Inc.
-----------------------------------------
Clean Diesel Technologies, Inc. is a specialty chemical company with
patented products that
dt 55729
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| Full Doc
 | 2000 |
Tokyo Metropolitan Government Calls for Diesel Emissions Control
Tokyo Metropolitan Government Calls for Diesel Emissions Control (4K)
Doc #229670: This document is immediately available for purchase, but does not have a preview available for viewing.
{DOCUMENT} {TYPE}EX-1 {SEQUENCE}2 {FILENAME}0002.txt {DESCRIPTION}EXHIBIT 1 {TEXT}
{PAGE}
Exhibit 1.0
FOR RELEASE JULY 6, 2000 AT 7:30AM EDT -------------------------------------- Contact : Allen & Caron Inc or Clean Diesel Technologies, Inc. Mark Alvino (investors) James M. Valentine, COO 212-698-1360 203-327-7050 mark@allencaron.com jvalentine@cdti.com ------------------- ------------------- Kari Rinkeviczie (media) David W. Whitwell, CFO 616-647-0780 203-327-7050 kari@allencaron.com dwhitwell@cdti.com ------------------- ------------------
Tokyo Metropolitan Government Calls for Diesel Emissions Control
CLEAN DIESEL TECHNOLOGIES INC SIGNS LETTER OF INTENT TO LICENSE MITSUI & CO., LTD. FOR EXCLUSIVE DISTRIBUTION IN JAPAN OF PLATINUM PLUS (R) AND ARIS(TM) SCR DIESEL EMISSION REDUCTION TECHNOLOGIES
STAMFORD, CT (July 6, 2000) . . . Clean Diesel Technologies, Inc. (EBB:CDTI) announced today that it has signed a Letter of Intent (LOI) with Tokyo-based Mitsui & Co., Ltd., for the exclusive marketing and sales of its Platinum Plus(R) bimetallic fuel borne catalyst (FBC) and ARIS(TM) 2000 urea SCR technologies in Japan.
Under the LOI, the parties will conduct field trials and complete a market assessment prior to executing a formal license agreement targeted for year-end 2000. Such license is intended to include customary license fees, purchase requirements and running royalties. CDT will provide Mitsui with samples of both technologies under the LOI and technical program support, for which it will be compensated by Mitsui under a limited license agreement during the term of the LOI.
MORE-MORE-MORE
{PAGE}
CLEAN DIESEL SIGNS LETTER OF INTENT PAGE 2-2-2
Japan recently announced plans to fit new and existing diesel powered vehicles with filters to reduce particulates and has also called for further reductions in NOx emissions. The Tokyo Metropolitan Government called for retrofit particulate control programs on over 900,000 vehicles operating within the city limits starting in 2002-2003. Both the ARIS technology and the Platinum Plus FBC have been demonstrated to provide reductions in diesel NOx and particulate emissions in excess of 85 percent with current sulfur fuels.
About Mitsui & Co., Ltd. ------------------------
Mitsui & Co., Ltd. is one of world's largest and most diversified international trading companies, with business extending from chemicals to steel and metals to transportation machinery. Its Inorganic Chemical Group, together with a unit of Mitsui & Co.(USA), Inc., Mitsui's wholly-owned U.S. subsidiary headquartered in New York City, is working with several industrial partners active in engineering, fuels and heavy-duty vehicles to address diesel engine emissions in Japan. The selection of CDT technologies for license is due to their demonstrated field performance, proprietary patent position, low cost and ease of use. CDT is actively seeking licensees in Europe and Asia to expand penetration of the FBC and ARIS technologies worldwide.
About Clean Diesel Technologies Inc. ------------------------------------
Clean Diesel Technologies, Inc. is a specialty chemical company with patented products that reduce emissions from diesel engines while simultaneously improving fuel economy and power. Products include Platinum Plus fuel catalysts and the ARIS 2000 urea injection systems for selective catalytic reduction of NOx. Platinum Plus is a registered trademark of Clean Diesel Technologies, Inc.
Certain statements in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known or unknown risks, including those detailed in the Company's filings with the Securities and Exchange Commission, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
# # # #
{/TEXT} {/DOCUMENT}
229670
|
Clean Diesel
As referenced in this Tokyo Metropolitan Government Calls for Diesel Emissions Control:
Clean Diesel Technologies, – 0
FOR RELEASE JULY 6, 2000 AT 7:30AM EDT
--------------------------------------
Contact : Allen & Caron Inc or Clean Diesel Technologies, Inc.
Mark Alvino (investors) James M. Valentine, COO
212-698-1360 203-327-7050
CLEAN DIESEL TECHNOLOGIES – 7050
kari@allencaron.com dwhitwell@cdti.com
------------------- ------------------
Tokyo Metropolitan Government Calls for Diesel Emissions Control
CLEAN DIESEL TECHNOLOGIES INC SIGNS LETTER OF INTENT
TO LICENSE MITSUI & CO., LTD.
FOR EXCLUSIVE DISTRIBUTION IN JAPAN Clean Diesel Technologies, – PLUS (R)
AND ARIS(TM) SCR DIESEL EMISSION REDUCTION TECHNOLOGIES
STAMFORD, CT (July 6, 2000) . . . Clean Diesel Technologies, Inc. (EBB:CDTI)
announced today that it has signed a Letter of Intent (LOI) Clean Diesel Technologies – in Europe and Asia to expand
penetration of the FBC and ARIS technologies worldwide.
About Clean Diesel Technologies Inc.
------------------------------------
Clean Diesel Technologies, Inc. is a specialty chemical company with patented
products that reduce
Clean Diesel Technologies, – to expand
penetration of the FBC and ARIS technologies worldwide.
About Clean Diesel Technologies Inc.
------------------------------------
Clean Diesel Technologies, Inc. is a specialty chemical company with patented
products that reduce emissions from diesel
dt 55761
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| Preview
Full Doc
 | 2004 |
Office Lease Agreement
Office Lease Agreement (90K)
Doc #1074481: Click preview link for longer preview.
OFFICE LEASE AGREEMENT
SHORT FORM LEASE
THIS OFFICE LEASE AGREEMENT (the "LEASE") is made and entered into as of
the 29 day of January 2004, by and between CT-STAMFORD ATLANTIC FORUM, L.L.C., A
DELAWARE LIMITED LIABILITY COMPANY ("LANDLORD") and CLEAN DIESEL TECHNOLOGIES,
INC., A DELAWARE CORPORATION ("TENANT"). Pursuant to the terms of this Lease,
Landlord agrees to lease the Premises (hereinafter defined) to Tenant and Tenant
agrees to lease the Premises from Landlord. The Lease includes the following
exhibits . . .
1074481
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Clean Diesel
As referenced in this Office Lease Agreement:
CLEAN DIESEL TECHNOLOGIES, – is made and entered into as of
the 29 day of January 2004, by and between CT-STAMFORD ATLANTIC FORUM, L.L.C., A
DELAWARE LIMITED LIABILITY COMPANY ("LANDLORD") and CLEAN DIESEL TECHNOLOGIES,
INC., A DELAWARE CORPORATION ("TENANT"). Pursuant to the terms of this Lease,
Landlord agrees to lease the Premises (hereinafter defined) to Tenant and Tenant
agrees to lease the Premises _____________
CLEAN DIESEL TECHNOLOGIES, – company, its non-member manager
Name (print): Shanna Charles By: /s/ Thomas Q. Bakke
___________________________ Name: Thomas Q. Bakke
Name (print): ________________ Title: Regional Senior Vice President
WITNESS/ATTEST: TENANT:
CLEAN DIESEL TECHNOLOGIES, INC., A DELAWARE CORPORATION
By: /s/ D.W. Whitwell
/s/ Pat McCoy
Name: David W. Whitwell
Name (print): Pat McCoy
Title: Vice President & Chief Operating Officer
/s/ Curtis J. _____________
CLEAN DIESEL TECHNOLOGIES, – TAXES
This Exhibit is attached to and made a part of the Lease by and between
CT-STAMFORD ATLANTIC FORUM, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY
("Landlord") and CLEAN DIESEL TECHNOLOGIES, INC., A DELAWARE CORPORATION
("Tenant") for space in the Building located at 300 Atlantic Street, Stamford,
Connecticut 06901.
1. PAYMENTS.
1.01 Tenant shall pay Tenant's Pro Rata _____________
CLEAN DIESEL TECHNOLOGIES, – LETTER
-----------
This Exhibit is attached to and made a part of the Lease by and between
CT-STAMFORD ATLANTIC FORUM, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY
("Landlord") and CLEAN DIESEL TECHNOLOGIES, INC., A DELAWARE CORPORATION
("Tenant") for space in the Building located at 300 Atlantic Street, Stamford,
Connecticut 06901.
1. Landlord shall perform improvements to the Premises in accordance with _____________
CLEAN DIESEL TECHNOLOGIES, – PROVISIONS
---------------------
This Exhibit is attached to and made a part of the Lease by and between
CT-STAMFORD ATLANTIC FORUM, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY
("Landlord") and CLEAN DIESEL TECHNOLOGIES, INC., A DELAWARE CORPORATION
("Tenant") for space in the Building located at 300 Atlantic Street, Stamford,
Connecticut 06901.
1. PARKING.
1.01 During the initial Term, Tenant agrees to _____________
dt 1718691
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