HYBRID COATING TECHNOLOGIES INC. (OTCMKTS:HCTI) Files An 8-K Entry into a Material Definitive Agreement

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HYBRID COATING TECHNOLOGIES INC. (OTCMKTS:HCTI) Files An 8-K Entry into a Material Definitive Agreement

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On June 15, 2017, Hybrid Coating Technologies Inc. (the Company),
through its wholly owned subsidiary Nanotech Industries
International Inc. (NTI), and Nanotech Industries Inc. (the
Licensor) entered into a Thirteenth Amendment (Thirteenth
Amendment Agreement) to the Licensing Agreement previously
entered into by and between the Parties on July 12, 2010, amended
on March 17, 2011, on July 7, 2011, on June 28, 2013, on December
13, 2013, on March 31, 2014, on April 9, 2014, on May 6, 2014 ,
on August 19, 2014, on September 10, 2014, on August 10, 2015, on
February 12, 2016 and on November 9, 2016. The Licensing
Agreement was previously filed with the SEC as an exhibit to our
Current Report on Form 8-K filed on October 18, 2011, the
Amendment to the Licensing Agreement was filed with the SEC as an
exhibit to our Current Report on Form 8-K on March 21, 2011, the
Second Amendment to the Licensing Agreement was filed with the
SEC as an exhibit to our Current Report on Form 8-K on July 8,
2011, the Third Amendment to the Licensing Agreement was filed
with the SEC as an exhibit to our Current Report on Form 8-K
filed on June 28, 2013, the Fourth Amendment to the Licensing
Agreement was filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on December 13, 2013, the Fifth
Amendment to the Licensing Agreement was filed with the SEC as an
exhibit to our Current Report on Form 8-K filed on April 1, 2014,
the Sixth Amendment to the Licensing Agreement was filed with the
SEC as an exhibit to our Current Report on Form 8-K filed on
April 10, 2014, the Seventh Amendment to the Licensing Agreement
was filed with the SEC as an exhibit to our Current Report on
Form 8-K filed on May 6, 2014, the Eighth Amendment to the
Licensing Agreement was filed with the SEC as an exhibit to our
Current Report on Form 8-K filed on August 19, 2014, the Ninth
Amendment to the Licensing Agreement was filed with the SEC as an
exhibit to our Current Report on Form 8-K filed on August 2015,
the Tenth Amendment to the Licensing Agreement was filed with the
SEC as an exhibit to our Current Report on Form 8-K filed on
August 14, 2015, the Eleventh Amendment to the Licensing
Agreement was filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on February 19, 2016 and the Twelfth
Amendment to the Licensing Agreement was filed with the SEC as an
exhibit to our Current Report on Form 8-K filed November 9, 2016.
The Thirteenth Amendment to the Licensing Agreement is intended
to modify the Licensing Agreement as follows and no other changes
are being made by means of this filing:

1.

to the terms of the Licensing Agreement, the Fee Deadline
for the payment of the One Time Fee as part of the
consideration for the 2020 Extended Exclusivity Period (as
defined in the Licensing Agreement), shall be extended to
August 20, 2017, at which time the whole of the One Time
Fee shall be due and payable.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(c) Exhibits

Exhibit No. Description
10.1 Thirteenth Amendment to the Licensing Agreement, dated June
15, 2017
10.2 Licensing Agreement, dated July 12, 2010 (1)
10.3 Amendment to the Licensing Agreement, dated March 17, 2011
(2)
10.4 Second Amendment to the Licensing Agreement, dated July 7,
2011 (3)
10.5 Third Amendment to the Licensing Agreement, dated June 28,
2013 (4)
10.6 Fourth Amendment to the Licensing Agreement, dated December
13, 2014 (5)
10.7 Fifth Amendment to the Licensing Agreement, dated March 31 ,
2014 (6)
10.8 Sixth Amendment to the Licensing Agreement, dated April 9 ,
2014 (7)
10.9 Seventh Amendment to the Licensing Agreement, dated May 6 ,
2014 (8)
10.10 Eighth Amendment to the Licensing Agreement, dated August 19
, 2014 (9)
10.11 Ninth Amendment to the Licensing Agreement, dated September
10, 2014 (10)
10.12 Tenth Amendment to the Licensing Agreement, dated September
10, 2014 (11)
10.13 Eleventh Amendment to the Licensing Agreement, dated
September 10, 2014 (12)
10.14 Twelfth Amendment to the Licensing Agreement, dated November
9, 2016 (13)

Note

(1)Previously filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on October 18, 2011.

2)Previously filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on March 21, 2011.

(3)Previously filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on July 8, 2011.

(4) Previously filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on June 28, 2013.

(5) Previously filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on December 13, 2013.

(6) Previously filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on April 1, 2014.

(7) Previously filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on April 10, 2014.

(8) Previously filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on May 6, 2014.

(9) Previously filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on August 19, 2014.

(10) Previously filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on September 10, 2014.

(11) Previously filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on August 14, 2015.

(12) Previously filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on February 19, 2016.

(13)Previously filed with the SEC as an exhibit to our Current
Report on Form 8-K filed on November 9, 2016.



HYBRID Coating Technologies Inc. Exhibit
EX-10.1 2 exhibit10-1.htm EXHIBIT 10.1 Hybrid Coating Technologies Inc. – Exhibit 10.1 – Filed by newsfilecorp.com Thirteenth Amendment to the Licensing Agreement previously entered into on the 12th day of July,…
To view the full exhibit click here
About HYBRID COATING TECHNOLOGIES INC. (OTCMKTS:HCTI)

Hybrid Coating Technologies Inc. is a development-stage company. The Company is engaged in the business of manufacturing and sale of the Coating Products, an alternative, non-isocyanate polyurethane, including coatings and raw binder ingredients consisting of Green Polyurethane Monolithic Floor Coating and Green Polyurethane Binder, and Sealant Products, including sealants and adhesives consisting of Green Polyurethane. The Company is focused on the Coatings, Adhesives, Sealants and Elastomers (C.A.S.E.) segment for industrial and commercial coatings applications. Its Green Polyurethane products are used in various applications, such as industrial and commercial buildings; civil applications for tunnels and bridges; warehouses; monolithic floorings for civil, industrial and military engineering; marine and aeronautic applications, and protective coatings inside industrial and commercial pipes. Nanotech Industries International Inc. (Nanotech) is a subsidiary of the Company.