EX-10.27 30 ex10-27.txt WAXTECH INTERNATIONAL, INC. --------------------------- 403 Briarpark Dr. Houston, Texas 77042 713 339 1122 Fax 713 339 1133 March 26, 2003 Mr. Tomohito Hanada Mitsubishi International Corporation 1 Houston Center, Suite 3500 Houston, TX 77010 Dear Tomohito: In accordance with Article 15 of our "Distribution Agreement" between Waxtech and MIC, WaxTech has assigned the Agreement directly to EnerTeck. Acceptance on the part of EnerTeck is acknowledged by EnerTeck's duly appointed representative and indicates EnerTeck's agreement to assume the terms and conditions therein to MIC, the distributor. Regards, /s/ V. Patrick Keating President and CEO WaxTech International, Inc. Agreed and accepted for EnerTeck Chemical Corporation: /s/ Dwaine D. Reese date: 3/26/03 Chairman and COO