VIA ELECTRONIC (Steve.Cotton@aquametals.com) AND REGULAR MAIL
September 24, 2019
VIA ELECTRONIC (Xxxxx.Xxxxxx@xxxxxxxxxx.xxx) AND REGULAR MAIL
Xxxxx Xxxxxx, President Aqua Metals, Inc.
0000 Xxxx Xxxxx
XxXxxxxx, Nevada 89434
Re: Operations, Maintenance and Management Agreement dated February 26, 2019 (“Agreement”), by and between Veolia North America Regeneration Services, LLC (“Veolia”) and Aqua Metals, Inc. (“Aqua Metals”)
Dear Xxxxx:
As discussed and agreed between Veolia and Aqua Metals and effective on the date of this letter, Section 4.2(e) of the Agreement is hereby amended to change the date in Section 4.2(e) from “September 30, 2019” to “March 31, 2020”, which means Section 4.2(e) of the Agreement now reads as follows:
“(e) Veolia may elect to terminate the Agreement upon ten (10) days prior written notice in the event that Xxxx fails to secure sufficient financing by March 31, 2020 to implement the expansion of the CP1 to a total of 32 AR Modules; and/or”
Except as modified above, all terms of the Agreement not specifically amended or modified by this letter shall remain unmodified and in full force and effect.
Please signify Aqua Metal’s agreement to this amendment in the space below.
Sincerely,
/s/ Xxxxx Xxxxxxxx
Xxxxx Xxxxxxxx, EVP & COO
AGREED AND ACCEPTED:
Aqua Metals, Inc,
/s/ Xxxxx Xxxxxx
Xxxxx Xxxxxx, President
Veolia North America Regeneration Services, LLC 0000 Xxxxx Xxxxxxx Xxxxxxx, Xxxxx 000
Houston, Texas 770
tel. x0 000 000 0000
