SunHydrogen, Inc. has entered into a Technology and Manufacturing Services Agreement with CTF Solar GmbH. Under the two-year agreement, CTF Solar will provide engineering, process development, pilot manufacturing, and related services to SunHydrogen, including the pilot manufacture and delivery of modules. The total fees for the agreement are up to €2,000,000 (approximately $2,370,000), with payments based on milestones and deliverables. SunHydrogen will make an advance payment of €500,000, which will be credited against future payments. The agreement includes provisions for termination under certain circumstances, such as material breach or technical infeasibility, with payment required for services and costs incurred up to the termination date.

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