Attached files
file | filename |
---|---|
EX-10.1 - EXHIBIT 10.1 - HYBRID Coating Technologies Inc. | exhibit10-1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 9, 2014
HYBRID COATING TECHNOLOGIES INC.
(Exact name of registrant as specified in its
charter)
Nevada | 000-53459 | 20-3551488 |
(State or other jurisdiction | (Commission | (IRS Employer |
of incorporation) | File Number) | Identification No.) |
950 John Daly blvd, Suite 260, Daly City, CA 94015 | 94015 |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (650) 491-3449
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On April 9, 2014, 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 Sixth Amendment (Sixth 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 and on March 31, 2014. 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 and 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 is intended to modify the Licensing Agreement as follows and no other changes are being made by means of this filing:
1. |
Pursuant to the terms of the Licensing Agreement, the deadline for the payment of the one-time royalty fee of $1,250,000 to the Licensor by NTI for the Option to Manufacture and Sell in the European Continent Territory has been extended in writing and shall be payable within 42 months from the date of the exercise of the Option. |
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
Exhibit No. | Description | |
10.1 | Sixth Amendment to the Licensing Agreement, dated April 9 , 2014 | |
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) |
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.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 10 , 2014 | HYBRID COATING TECHNOLOGIES INC. |
By: /s/:Joseph Kristul | |
Joseph Kristul | |
President and Chief Executive Officer |