Agreement For Expansion Of License

Exhibit 10.1


AGREEMENT FOR EXPANSION OF LICENSE
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JAPANESE CHEMICAL WEAPONS
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THIS AGREEMENT is made and entered into as of the 26th day of September, 1996, by and between M4 Environmental L.P., a Delaware limited partnership ("M4"), Lockheed Martin Corporation, a Maryland corporation ("LMC"), and Molten Metal Technology, Inc., a Delaware corporation ("MMT").


WHEREAS, M4, LMC and MMT are parties to a series of agreements including that certain Partnership Restructuring Agreement dated as of March 15, 1996 (the "Restructuring Agreement") and that certain Amended and Restated License Agreement dated as of March 15, 1996 (the "License Agreement") pursuant to which MMT has licensed to M4 certain rights to MMT's proprietary processing technology known as Catalytic Extraction Processing ("CEP") with respect to certain designated feedstocks;


WHEREAS, MMT has offered to expand the license granted to M4 pursuant to the License Agreement to include Japanese Chemical Weapons (as herein defined) as a Market Feedstock (as defined in the License Agreement) and M4 has accepted such offer by MMT; and


WHEREAS, M4, LMC and MMT desire to enter into an agreement which recognizes that the exclusive license granted to M4 pursuant to the License Agreement will now include Japanese Chemical Weapons and specifies the consideration from M4 and MMT for this expansion of M4's license.


NOW, THEREFORE, in consideration of the foregoing and the mutual agreements set forth below and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, M4, LMC and MMT agree as follows:


1. Except as otherwise defined herein, capitalized terms used in this Agreement without definition shall have the meanings given them in the Restructuring Agreement and the License Agreement.


2. In the Restructuring Agreement, the License Agreement and the Related Agreements (where the context requires), the following term shall be added to the list of "Defined Terms:"


"Japanese Chemical Weapons" means (i) munitions, including artillery
shells, mortar shells and explosives, containing (or formerly containing)
one or more "chemical weapons agents" (as defined in the Chemical Weapons
Convention (formally known as the Convention on the Prohibition of the


2


Development, Production, Stockpiling and Use of Chemical Weapons and their
Destruction, adopted September 3, 1992 at the Conference on Disarmament at
Geneva, and opened for signature on January 13, 1993 in Paris) and (ii)
bulk stockpiles of such chemical weapons agents; in each case for which
any Japanese Government Authority has accepted, or in the future accepts,
responsibility for the original deployment of such materials and/or the
principal financial responsibility for the processing and destruction of
such materials, irrespective of the location of such ...