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Exhibit 10.1
LICENSE ASSIGNMENT AGREEMENT
This LICENSE ASSIGNMENT AGREEMENT is made as of December 15th
2006.
BY: ENVIROCLEAN ENERGY CORPORATION, incorporated in
accordance with the laws of the State of Delaware,
having its principal place of business at 6040 Upshaw,
Suite 105, Humble, Texas 77396, represented by Randy
Renken, duly authorized as he so declares;
AND (Hereinafter the "Assignor")
BETWEEN:
NEWSEARCH INC., incorporated in accordance with the
laws of the State of Colorado, having its principal
place of business at 4150 Sainte-Catherine Street West,
suite 525, Montreal, Quebec H3Z 2Y5, represented by
John Grob, duly authorized as he so declares;
(Hereinafter the "Assignee,")
(hereinafter collectively referred to as the
"Parties").
WHEREAS BioConversion Technology LLC (hereinafter "BCT") is the
proprietor and
owner of a license for a patented pyrolytic steam reforming
"gasification"
technology (hereinafter referred to as the "Technology");
WHEREAS the patented pyrolytic steam reforming Technology operates
in the
absence of air or oxygen and features a thermo-chemical conversion
chamber
designed to convert carbonaceous fuel (aka: feed material, such as
MSW,
agricultural and wood wastes, used tires, industrial fluff,
low-quality coal,
etc.) to syngas through pyrolysis followed by steam reforming;
WHEREAS the Technology method and apparatus were patented in the
United States
by Robert E. Klepper on March 8th 2005, under patent number
6,863,878;
WHEREAS by Letter Agreement dated June 8th 2006, BCT assigned and
licensed to
EnviroClean Energy Corporation (hereinafter "ECE") all technologies
and future
upgrades of said Technology for the development of projects with UK
Coal,
British Nuclear Fuels, National Industrial Symbiosis Program, CMP
and/or
Chateauguay Metal P
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