( hereinafter referred to as the " licensee " ) ( a ) " affiliated ", for the purposes of this agreement, a company will be affiliated with the licensee if it is controlled by the licensee or its directors or officers or has directors or officers in common with the licensee ; ( b ) " designated territory " means the geographical areas of maricopa county, arizona and clark county, nevada ; ( c ) " end products " means gold, silver, platinum and other metals produced from ore ; ( d ) " gross revenue " means all revenue received or accrued by the licensee earned from the application of the process or the sale of end products from the application of the process by the licensee within the designated territory ; ( e ) " gross revenue royalty " means a royalty equal to eight ( 8 % ) percent of gross revenue. ( f ) " plants " means the licensee's existing mineral processing plant in maricopa county, arizona and any other plants the licensee may construct in maricopa county, arizona or clark county, nevada ; and ( g ) " process " means the formula and process for low temperature chemical fusion as disclosed to the licensors by the licensee. ( a ) the licensors own the process free and clear of any liens, charges or encumbrances and have the power and right to grant all rights granted to the licensee under the terms of this agreement ; ( b ) the execution and delivery of this agreement and the exercise of the rights granted herein will not result in a breach of any term or provision of or constitute a default under or conflict with any agreement, judgment, decree, court order or other instrument to which the licensors are a party or by which they are bound ; and ( c ) the licensors have not granted any other right or license to use or exploit the process to any other party for or in the designated territory. brecheisen company, inc. by its authorized signatory : / s / keith d. brecheisen signature of authorized signatory keith d. brecheisen, president name and title of authorized signatory / s / keith d. brecheisen keith d. brecheisen, president signed, sealed and delivered by keith d. brecheisen in the presence of : / s / james t. roe, iii / s / keith d. brecheisen signature of witness keith d. breche