Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the
information subject to the confidentiality request. Omissions are designated as *****. A complete version of this
exhibit has been filed separately with the Securities and Exchange Commission.
DANISH BIOGAS TECHNOLOGY, A.S.
TECHNOLOGY LICENSING AGREEMENT
TO MICROGY COGENERATION SYSTEMS, INC.
THIS AGREEMENT entered into this 12th day of May, 2000 by and among Microgy Cogeneration Systems,
Inc. ("Microgy"), a Colorado, USA corporation with its offices at 1767A Denver West Blvd., Suite 15 , Golden,
Colorado 80401, Danish Biogas Technology, A.S., a Danish entity ("DBT"), with offices at Udviklingsparken
Aarhus, Sonderhoj 46, DK-8260 Viby J., Denmark..
WHEREAS, Microgy has developed intellectual property, proprietary formulas, processes, devices and other
trade secrets to commercially exploit its proprietary micro-cogeneration system which uses its exclusive bladeless
micro-turbine and generator technology (the "Microgy Turbine"), or its conventional prime mover and generation
technology, which may incorporate, at it option, its proprietary advanced waste heat ammonia absorption
process ("WHAARP") technology or other proprietary and conventional technologies that do not include any of
DBT's technologies as defined below, as appropriate to produce and sell electricity and process cooling or
heating (the "Microgy System"); and
WHEREAS, The Microgy System is capable of producing electricity, cooling and heating by burning methane
gas or bio-gas generated from waste streams and other sources; and
WHEREAS, DBT owns and has developed intellectual property, proprietary formulas, processes, devices and
other trade secrets to construct and operate a bio-gas fueled electrical co-generation system (the "DBT System")
consisting of its proprietary anaerobic digester, which combines organic bio-mass wastes such as animal manure
and other high strength liquid or semi-sol