Rand CamTM UAV Engine License agreement

License Agreement

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This License Agreement involves

REGI U S INC | Reg Technologies, Inc | Rand Energy Group, Inc.

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Title: Rand CamTM UAV Engine License agreement
Date: 3/20/2006
Industry: Misc. Capital Goods Sector: Capital Goods

Rand CamTM UAV Engine License agreement, Parties: regi u s inc , reg technologies inc , rand energy group inc.

Exhibit 4.1

MODIFICATION 2

The Rand Cam ^TM UAV Engine License agreement between Reg and Radian issued April 24, 2002, and modified May 14, 2004, is modified as follows:

1. The following is added to paragraph III (c) :

The Phase 2 Study is hereby ended. As consideration for this early close-out, Radian will provide the engineering work performed on the second prototype engine to REG without limita

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