WAIVER AGREEMENT

Forbearance Agreement

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This Forbearance Agreement involves

KFX INC | Theodore Venners

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Title: WAIVER AGREEMENT
Date: 3/16/2005
Industry: SOFTWR

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Exhibit 10.60

Exhibit 10.60

WAIVER AGREEMENT

This Waiver Agreement is entered into as of December 17, 2004 (the "Effective Date") by and among KFx Inc., a Delaware corporation (the "Company"), and Theodore Venners, the Chairman of the Board and Chief Execu

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