EXHIBIT 10.20
CellPoint Inc,"the Seller", and CellFree AB,"the Buyer" have on this day entered
into the following
1. AGREEMENT
Whereas the Seller owns all outstanding shares in Startskottet 21986 AB,
556624-7853, "the Company"; and
Whereas the shareholder's equity of the Company amounts to 100 000 Swedish
Kronor represented by 1 000 shares at 100 Swedish Kronor each.
1. TRANSFER
The Seller hereby transfers 1 000 shares in the Company to the Buyer.
2. CONSIDERATION
The consideration for the shares amounts to 1 Swedish Krona. By signing this
Agreement, the Seller aknowledges receipt of the consideration for the
shares.
3. DATE OF ACCESS
The Buyer gains access to the shares on December 11, 2002.
4. TECHNICAL ASSISTANCE
The Buyer shall negotiate a technical assistance agreement with Seller for
such technical assistance formerly provided by the Company as Buyer shall
continue to require.
5. BOOKKEEPING
The Seller undertakes to ensure that the bookkeeping of the Company is up to
date at the time of the transfer.
6. LITIGATION
Litigation arising out of this agreement shall be resolved by Skiljeman in
accordance with the law on Skiljeforfarande.
----------
This Agreement has been drawn up in two originals out of which each party has
taken one.
Stockholm, December 10, 2002
/s/ Xxxx Xxxxx Xxxxxxx
------------------------- ---------------------------
CellPoint Inc. CellFree AB
