AGREEMENT
made between
Xxxxx Xxxxxxxx and Xxxx Xxxxxx (VT)
and
Electronic Fundraising Company Limited (EFC)
1.0 OVERVIEW
1.1 VT own all of the shares in Xxxxxx Consulting Limited (Walton), which
is contracted in terms of an agreement dated 4 April 1997, to provide
International Lottery Services Limited (ILS) with games, generic
software and testing facilities to enable ILS to comply with its
obligations under the same agreement to International Lottery in
Liechtenstein Stiftung (InterLotto).
1.2 EFC wishes to assume responsibility for the operation of the business
of Walton, including employment of the staff and the rights and
obligations in terms of the contract referred to in clause 1.1.
2.0 VT RESPONSIBILITIES
2.1 VT will use reasonable endeavours to ensure that the business of Walton
continues to operate in its current form and that it complies with its
contractual obligations in terms of the contract referred to in clause
1.1.
3.0 LAW
3.1 This agreement will be governed by English law whose courts will be the
courts of jurisdiction.
place/date 22.9.97 place/date 22.9.1997
/S/ Xxxxx Xxxxxxxx / Xxxx Xxxxxx /S/
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Xxxxx Xxxxxxxx and Xxxx Xxxxxx Director
Electronic Fundraising Company Limited
