June 27, 1997 Alabama Synfuel #1, Ltd. c/o Covol Technologies, Inc. 3280 North Frontage Road Lehi, Utah 84043 Covol Technologies, Inc. 3280 North Frontage Road Lehi, Utah 84043 Re: Letter Amendment Gentlemen: Reference is made to (i) the Alabama Project Purchase Agreement, dated as of March 20, 1997 (the "Project Purchase Agreement"), by and among Alabama Synfuel #1, Ltd. and Covol Technologies, Inc., as sellers, and Birmingham Syn Fuel, LLC, as buyer, and (ii) the Conditional Option Agreement, dated as of March 20, 1997 (the "Option Agreement"), by and among Birmingham Syn Fuel I, Inc. (Birmingham Syn Fuel II, Inc. and PacifiCorp Financial Services, Inc., on the one hand, and Alabama Synfuel #1, Ltd. and Covol Technologies, Inc., on the other hand. The parties to the Project Purchase Agreement hereby amend the Section 5.3(c) of the Project Purchase Agreement by deleting the language "June 30, 1997" and inserting in its place the language "November 30, 1997". The parties to the Option Agreement hereby amend subsections 1(b)(i) and (ii) of the Option Agreement by deleting the language "June 30, 1997" and inserting in its place the language "November 30, 1997" for subsection 1(b)(i) and "August 31, 1997" for subsection 1(b)(ii), respectively. This letter agreement may be executed in one or more counterparts, all of which shall be considered one and the same letter agreement. Very truly yours, BIRMINGHAM SYN FUEL I, INC. By: /s/ Reynold Roeder -------------------- Name: Reynold Roeder Title:Vice President BIRMINGHAM SYN FUEL II, INC. By: /s/ Reynold Roeder -------------------- Name: Reynold Roeder Title:Vice President BIRMINGHAM SYN FUEL, LLC By: /s/ Reynold Roeder -------------------- Name: Reynold Roeder Title:Vice President PACIFICORP FINANCIAL SERVICES, INC. By: /s/ Reynold Roeder -------------------- Name: Reynold Roeder Title:Vice President ACCEPTED AND AGREED TO AS OF THE DATE FIRST SET FORTH ABOVE: Alabama Synfuel #1, Ltd. By: /s/ Brent M. Cook ------------------------------------------------------------- Name: Brent M. Cook Title: President of Covol Technologies, Inc., a general partner Covol Technologies, Inc. By: /s/ Brent M. Cook ------------------- Name: Brent M. Cook Title: President 2