Strategic Alliance Agreement
This Agreement
is entered into between Solanex Management Inc. ,
a Nevada corporation ("Solanex") and Eco Tech waste
Management Systems Inc. , a British Columbia corporation
("EcoTech") on this 23rd day of May, 2006
.
Preamble
Solanex is a
technology development company specializing in high temperature
soil remediation for the resource industry. EcoTech is a
development company that specializes in high temperature burner and
gasifier systems and has a capability to manufacture a prototype
high temperature gasifier. Solanex and Ecotech have jointly
developed a portable Soil Remediation System for the remediation of
soil contaminated by industrial use. The two parties wish to
jointly develop and market this portable high temperature burner
system for use across North America.
To further this
joint development, and in a spirit of good faith, friendship and
mutual cooperation, the parties agree as follows:
1. Solanex
agrees to market the portable soil remediation technology to the
environmental industry using direct contacts and presentations of
its concept to specific executives responsible for industrial clean
up and maintenance programs. EcoTech will specify the companies to
be contacted over the course of this project. The parties will meet
and explore a schedule for marketing the prospective
customers.
2. EcoTech will
build each portable high temperature burner unit for a cost not to
exceed $2,000,000 USD per unit. The parties agree that they will
cooperate to achieve any cost savings possible and that this price
can be adjusted by mutual agreement as the actual
