AMENDMENT NO. 1 TO CONFIDENTIALITY AGREEMENT

THIS AMENDMENT NO. 1 TO CONFIDENTIALITY AGREEMENT ("Amendment") is made and entered into on the date on which the last required signature is affixed hereto (“Effective Date”) by and between______________, and WORLD WIDE GOST LLC ("Disclosee").

WHEREAS, Disclosee and ______ entered into a certain confidentiality agreement that went into effect on October 31, 2014 (the "Agreement"), incorporated herein as Attachment 1; which provided terms related to Disclosee’s provision of services to _______ in connection with _______’s proprietary Alkylation equipment sold to _______’s customers in Russia; and

WHEREAS, _______ also wishes to use the services of Disclosee in connection with _______’s proprietary IsoTherming® equipment sold to _______’s customers in Russia, the parties wish to amend certain terms of the Agreement accordingly.

                NOW, THEREFORE, in consideration of the premise set forth above and the covenants hereinafter contained, the parties hereto agree to amend the Agreement as follows:

                1.            All capitalized terms used in this Amendment but not defined herein shall have the definitions assigned to them in the Agreement.

                2.            In the opening paragraph of the Agreement, the address of the principal executive offices of _______ is amended to read as follows:  “Chestnut Run Plaza, 974 Centre Road, Wilmington, Delaware 19805, U.S.A.”

                3.            The first three WHEREAS paragraphs of the Agreement, are hereby deleted in their entirety and replaced with the following paragraphs:

                WHEREAS, _______ is well known throughout the world for its STRATCO® Alkylation Process and its IsoTherming® Hydroprocessing Process and the quality of _______’s proprietary equipment used in such processes;

                WHEREAS, various Russian certification systems and national standards apply to the import of products into Russia, and Disclosee provides services to Russian and foreign companies to assist them with obtaining certificates and/or other approvals necessary for satisfying such requirements;

                WHEREAS, in order to assist Disclosee to bid upon and/ if selected, to supply such services to _______ in connection with the delivery of _______ proprietary equipment to its customers in Russia, _______ may need to provide or permit disclosures of certain of _______’s Property (as defined herein) to Disclosee; and

                4.            In Section 1(d) of the Agreement, the definition of "_______’s Property" is hereby amended by inserting the phrase “and/or the Hydroprocessing Process” immediately following the phrase “the Alkylation Process”.

                5.            In Section 1 of the Agreement, a new subparagraph (e) is hereby added as follows:

                (e)         “Hydroprocessing Process” means any process (such as hydrotreating, hydrofinishing, hydrorefining, hydroisomerization or hydrocracking) wherein a catalyst is used for reacting hydrogen with any naturally occurring fats, oils, petrochemical or petroleum fractions, or derivatives thereof, including but not limited to distillates, residuals, or cracked stocks, for the purpose of (A) hydrogenation of olefins or mono or poly aromatics, (B) molecular weight reduction (cracking), (C) removing sulfur, nitrogen, oxygen, metals or other contaminants, and/or (D) altering cold flow properties.

                6.            Section 2 of the Agreement is deleted in its entirety and replaced with the following paragraph: 

                SECTION2. SOLE AUTHORIZED USE.  Disclosee’s sole authorized use of _______’s Property shall be to aid Disclosee in bidding upon, and if selected, in providing services to _______ in connection with obtaining the Russian certificates and/or other approvals that are required for delivery of _______’s proprietary equipment to specific _______ customers in Russia, pursuant to this Agreement and subsequent written terms and conditions that may be agreed upon from time to time between Disclosee and _______ or a _______ Affiliate (the “Authorized Use”).  Disclosee is not authorized to use any of _______’s Property for any other purpose whatsoever.  Nothing herein obligates either party to negotiate or sign any other agreement, and nothing herein obligates _______ to disclose or permit disclosure of any of _______’s Property to Disclosee.

                7.            Except as modified by this Amendment, all terms and conditions of the Agreement remain unchanged and in full force and effect.

                IN WITNESS WHEREOF, the parties have hereto caused this Amendment to be executed by their respective duly-authorized representatives as of the dates set forth below.

WORLD WIDE GOST LLC

   

By:                                                                                  By:                                                                              

 

Name:                                                                              Name:                                                                                                                                                                                                              (Please Print)

 

     Title:                                                                                 Title:                                                                                                                                                                                                                    (Please Print)

Date:                                                                                 Date: