EXHIBIT 10.9
SPLIT AGREEMENT
Between
MOTOROLA ISRAEL LTD.
and
MIL FINO LTD. (IN FOUNDATION)
December 28, 1999
SPLIT AGREEMENT
AGREEMENT made as of December 28, 1999 by and between Motorola
Israel Ltd., an Israeli company ("MOTOROLA") and MIL Fino Ltd., an Israeli
company in foundation ("MIL").
WHEREAS, the universal Motorola group is currently in the midst of a
process of global reorganization, the purpose of which is to divide between
two of the group's primary fields of activity - the Cellular Infrastructure
Group field ("CIG") and the Network Management Group ("NMG"), with the
objective of solving structural conflict of interests and internal
competition problems within the group, which adversely affect its
profitability; and
WHEREAS, Motorola operates, directly and through companies and
corporations held by it, in both the CIG field and the NMG field; and
WHEREAS, the Board of Directors of Motorola has resolved to divide
Motorola's fields of activity into two separate companies, each of which will
focus on a different field of activity, pursuant to Sections 233-234 of the
Companies Ordinance [New Version], 5743-1983 and/or the provisions of
Sections 350-351 of the Companies Law, 5759-1999 and in accordance with
Section 105 of the Income Tax Ordinance [New Version], 5721-1961; and
WHEREAS, MIL is a new company recently established as part of the
split plan for purposes of being transferred part of the activity, assets and
liabilities of Motorola in this split plan; and
WHEREAS, the parties wish to divide Motorola's activity, assets and
liabilities such that all Motorola's activity (other than NMG and Personal
Communications Sector equipment - "PCS") will be transferred to MIL, while
Motorola will operate in the field of NMG and PCS; and
WHEREAS, the parties wish to establish the said split and their
relations following the implementation thereof within the framework of this
Agreement; and
WHEREAS, the parties to this Agreement represent and warrant that
there is no legal or contractual restriction to their engagement in this
Agreement, other than as stated hereunder in this Agreement;
NOW, THEREFORE, the parties hereto declare, stipulate and agree as
follows:
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1. DEFINITIONS
For the purposes of this Agreement, the following terms shall have the
meanings appearing next to them, unless explicitly specified otherwise:
"CLOSING DATE" means 7 days after the fulfillment of all the
pre-conditions, as set forth in section 5 below.
"COMPANIES LAW" means the Companies Law, 5759-1999.
"COMPANIES ORDINANCE" means the Companies Ordinance [New Version],
5743-1983.
"INCOME TAX ORDINANCE" means the Income Tax Ordinance [New Version],
5721-1961.
"LEGAL PROCEEDINGS" means legal or quasi-legal proceedings, civil,
criminal or administrative, before an authorized court or tribunal,
including arbitration, to which Motorola is or will be a party, and
which are pending on the Closing Date or will be filed against any of
the parties following the Closing Date.
"LIABILITY" means any debt, obligation or charge, whether present or
future, whether absolute or contingent.
"ORDER OF SPLIT" means an order to be granted by the authorized court
for implementation of the Split Arrangement Plan, INTER ALIA, in
accordance with the provisions of Sections 233 and 234 of the Companies
Ordinance or in accordance with the provisions of Sections 350 and 351
of the Companies Law.
"RIGHT" means any right or benefit, in possession or in action, whether
present or future, whether absolute or contingent, as well as any
asset, including rights in subsidiaries and/or affiliates, as defined
in the Securities Law, 5728-1968.
"SEVERANCE PAY LAW" means the Severance Pay Law, 5723-1963.
"SPLIT ARRANGEMENT PLAN" means the split arrangement plan that will be
attached as an appendix to the motion submitted to the authorized court
as soon as possible after the signing of this Agreement.
"THE EFFECTIVE DATE" means the 31st of December, 1999.
"TRANSFERRED ACTIVITY" means all the Rights, Liabilities, licenses and
permits transferred pursuant to this Agreement.
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2. THE SPLIT
2.1 GENERAL
On the Closing Date, effective as of the Effective Date,
Motorola shall transfer to MIL all of its Rights and
Liabilities, as specified in this Agreement, according to the
court's order approving the Split Arrangement Plan and by the
authority of this order.
2.2 TRANSFER OF RIGHTS, LIABILITIES, LICENSES AND PERMITS
2.2.1 Motorola shall transfer and/or assign to MIL, and MIL
shall accept the transfer and/or assignment from
Motorola of Rights, Liabilities, licenses and permits
such that, immediately after the Closing Date
(effective as of the Effective Date) MIL shall have
the Rights, Liabilities, licenses and permits as
specified in Appendix A1 to this Agreement and
Motorola shall have the Rights, Liabilities, licenses
and permits as specified in Appendix A2 to this
Agreement.
The transfer and/or assignment of the Rights,
Liabilities, permits and licenses will be effected on
an "AS IS" basis on the Closing Date.
2.2.2 Details of all written and oral agreements and
contractual obligations pertaining to the Transferred
Activity and which are in effect on the Effective
Date, are specified in Appendix B to this Agreement.
2.3 LIENS, GUARANTEES AND WRITS OF INDEMNITY
2.3.1 On the Closing Date and pursuant to the Order of
Split, liens will be registered on the assets of MIL
and the liens registered on the assets of Motorola
shall be cancelled such that the liens registered on
the assets of the parties, including the order of
priority among them, will be as specified in Appendix
C to this agreement.
2.3.2 On the Closing Date, MIL shall assume guarantees and
indemnification undertakings that refer to the
Transferred Activity, as specified in Appendix D to
this Agreement, and Motorola shall be released of its
guarantees and indemnification undertakings
transferred to MIL.
2.3.3 Motorola shall act to obtain consents and
authorizations from the lienholders and/or guarantee
beneficiaries, which are required, if required, for
the purpose of effecting the transfer of the
Transferred Activity, and the performance of the
aforesaid in subsection 2.2 above.
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2.5 LEGAL PROCEEDINGS
2.5.1 Pursuant to the Order of Split and subject to the
terms thereof, all Legal Proceedings existing on the
Closing Date and which refer to the Transferred
Activity pursuant to this Agreement shall be
transferred, on the Closing Date, to MIL.
To the best of Motorola's knowledge, as of the
signing of this Agreement, there are no existing
Legal Proceedings, which refer to the Rights and
Liabilities of Motorola transferred to MIL pursuant
to this Agreement.
2.5.2 Any Legal Proceeding initiated against Motorola after
the Closing Date on the grounds of a cause of action,
which refers to the Transferred Activity, whether
such cause of action arose prior to the Closing Date
or following the Closing Date, will be transferred to
MIL.
2.5.3 Any Legal Proceeding initiated against MIL after the
Closing Date on the grounds of a cause of action,
which refers to activities of Motorola that are not
included in the Transferred Activity, whether such
cause of action arose prior to the Closing Date or
following the Closing Date, will be transferred to
Motorola.
2.5.4 In the event that the transfer of a Legal Proceeding
from the party against which the claim was submitted
(the "Sued Party") to the party holding the Rights,
Liabilities, licenses and permits in relation to
which the Legal Proceeding was initiated (the
"Debtor"), as stated in section 2.5.1 and/or 2.5.2
and/or 2.5.3 above, is not made possible, for
whatever reason, and after the parties have made
their best efforts to transfer the said Legal
Proceeding, or alternatively, in the event that the
initiation of a Legal Proceeding by the Debtor
against a third party is not made possible for
whatever reason, other than by means of the Sued
Party, the parties shall proceed as follows:
One. The Legal Proceeding will remain standing
against or in the name of the Sued Party. In
practice, the Legal Proceeding will be
managed by the Debtor and at its expense,
provided that subsections (b) - (d) below
apply.
Two. The Sued Party shall notify the Debtor of
the initiation of the said Legal Proceeding
immediately after it becomes aware of same
and will convey to the Debtor all
information in its possession pertaining to
the said Legal Proceeding. The Sued Party
undertakes to take any reasonable action, at
the request of the Debtor, for the purpose
of assisting the Debtor in the management of
the Legal Proceeding, provided that the
Debtor bears all the expenses involved
therein.
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Three. It is agreed that any settlement and/or
waiver within the framework of a Legal
Proceeding managed by the Debtor will
require the prior consent of the Sued Party,
which shall not be unreasonably withheld.
Four. The Sued Party may demand from the Debtor to
take part in the management of the Legal
Proceeding. In such case, the Sued Party
shall bear the expenses derived thereof and
the aforesaid in subsection (c) shall not
apply.
2.5.5 In the event that the Legal Proceeding involves more
than one debtor, the Legal Proceeding will be managed
by the debtors and the share of liability of each of
the parties to this agreement for the said Legal
Proceeding shall be divided among them in accordance
with sections 2.5.2 and 2.5.3 above.
2.6 EMPLOYEES
2.6.1 The employees of Motorola whose work is related to
the Transferred Activity and whose names appear in
Appendix E (the "Transferred Employees") will cease
to be employees of Motorola, on the Closing Date (in
effect as of the Effective Date), and will become the
employees of MIL.
2.6.2 Motorola represents and undertakes that it has made,
with respect to the Transferred Employees and with
respect to the period of their employment at
Motorola, all the allocations for social benefits
required by applicable law or agreement, including
allocations for pension, retirement (VSP) and
termination of employment.
2.6.3 MIL shall receive all the rights that exist with
respect to the Transferred Employees in the funds
and/or reserves and/or pursuant to any financial
and/or other arrangements and all funds, allocations
and reserves transferred with respect to the
Transferred Employees shall be registered in its
books.
MIL shall be liable toward the Transferred Employees
for all the social benefits, including for any debt
arising from the termination of employer-employee
relations, that will apply after the Effective Date,
such that, with respect to the Severance Pay Law, the
Transferred Employees shall be deemed as having
worked at MIL for the period of their employment at
Motorola.
2.6.4 Motorola shall indemnify MIL for any payment and/or
expense incurred by MIL with respect to the
Transferred Employees' period of employment at
Motorola until the Effective Date and which have not
been covered as part of the assignment of rights
pursuant to section 2.6.3 above, provided that MIL
has notified Motorola of any demand and/or claim
submitted
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against it on this matter and permitted Motorola to
manage the defense against any such demand and/or
claim.
MIL shall not agree to any settlement agreement or
other arrangement with respect to the said demand
and/or claim and shall not pay any sum or equivalent
with respect thereto without Motorola's consent,
other than subject to a binding judicial order.
2.7 REAL PROPERTY
On the Closing Date (effective as of the Effective Date)
Motorola's ownership and/or lease rights and/or contractual
rights to receive rights of ownership and/or lease in real
property shall be transferred to MIL, as specified in Appendix
F to this Agreement.
In the event that the transfer of any real property rights is
not made possible, for whatever reason, Motorola will hold all
such rights in trust for the benefit of MIL and MIL shall
indemnify Motorola for any payment and/or expense incurred by
Motorola with respect to such rights.
2.8 In the event that any of the transfers set forth in this
section 2 is not made possible, for whatever reason, the
parties will negotiate and sign additional agreements that
will provide with an arrangement satisfactory to both parties.
3. ACTIONS UNTIL THE CLOSING DATE
3.1 Motorola shall act to convene creditors' and shareholders'
meetings for the purpose of approving the Split, in accordance
with the orders issued by the District Court in
Tel-Aviv-Jaffa.
3.2 The parties shall proceed to fulfill the pre-conditions to
this Agreement, as set forth in section 5, by the Closing Date
and shall sign any documents necessary for the full
implementation and completion of the Split pursuant to this
Agreement, with the purpose of completing it by June 30, 2000,
unless the Board of Directors of Motorola decides to extend
this date.
3.3 Immediately after obtaining the approval of the Split by the
meetings specified in subsection 3.1, above in accordance with
the provisions of Section 233 of the Companies Ordinance or
Section 351 of the Companies Law, as the case may be, and the
fulfillment of all the pre-conditions in accordance with
section 5 of this Agreement, Motorola shall approach the court
with a motion for granting of an Order of Split in accordance
with Section 234 of the Companies Ordinance or in accordance
with the provisions of Section 351 of the Companies Law, as
the case may be.
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4. FULFILLMENT OF TAX EXEMPTION CONDITIONS
4.1 Each party undertakes, in order that the validity of the Split
and tax benefits granted to either of the parties pursuant to
Chapter Four of Part E-2 and/or Section 16A of the Income Tax
Ordinance are not prejudiced, to fully and accurately comply,
as of the Closing Date, with the provisions of Chapter Four of
Part E-2 and/or Section 16A and/or with the conditions of the
Income Tax Commissioner's approval.
4.2 The aforesaid in section 4.1 above will apply on any future
change in the tax exemption conditions approved by the Income
Tax Commission.
5. PRE-CONDITIONS
5.1 This Agreement is subject to the cumulative fulfillment of all
the following pre-conditions:
5.1.1 Receipt of an Order of Split, including authorization
to decrease Motorola's capital, should this be
required for purposes of the Split.
5.1.2 Receipt of the Income Tax Commissioner's pre-ruling,
in accordance with Section 105H of the Income Tax
Ordinance, to the full satisfaction of Motorola that
the Split pursuant to this Agreement complies with
the conditions specified in Chapter Four of Part E-2
and/or Section 16A of the Income Tax Ordinance and/or
that the Split is tax exempt under any applicable
law.
5.1.3 Receipt of approval from the Commissioner of
Antitrust of this Agreement and the implementation
thereof, if applicable.
5.1.4 Receipt of approval from the general meetings of
Motorola's shareholders (of all different classes)
and from meetings of the creditors of Motorola (of
all different classes), by the required majority, in
accordance with the provisions of Section 233 of the
Companies Ordinance or Section 350 of the Companies
Law, as the case may be.
5.1.5 Receipt of approval from the USA Internal Revenue
Service (IRS), to the full satisfaction of Motorola
Inc., of the proposed Split pursuant to this
Agreement.
5.1.6 Receipt of approval from Motorola Inc.'s Board of
Directors of this Agreement and the implementation
thereof.
5.1.7 Receipt of all approvals required by any applicable
law and/or agreement.
5.2 It is agreed that if the pre-conditions to this Agreement are
not met by June 30, 2000 or by any other date determined by
the Board of Directors of Motorola, this
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Agreement shall become null and void and the parties to this
Agreement and/or their shareholders and/or any third parties
related to the implementation of the Split pursuant to this
Agreement shall not have any claim and/or lawsuit regarding to
and/or in connection with the voiding of this Agreement,
including any mutual claim and/or lawsuit against any of the
officers and/or directors and/or shareholders of Motorola
and/or MIL and/or against any third parties related to the
implementation of the Split pursuant to this Agreement.
5.3 The parties may waive the conditions set forth in Section 5.1
above, by written consent, provided they are not required by
law.
5.4 It is agreed that if Motorola Inc. decides to make any change
to the process of global reorganization of the universal group
and/or Motorola decides to make any change to the process of
local reorganization, this Agreement shall adjust accordingly,
and that in the event that Motorola Inc. decides to terminate
the reorganization process, this Agreement shall become null
and void, and the parties to this Agreement and/or their
shareholders and/or any third parties related to the
implementation of the Split pursuant to this Agreement shall
not have any claim and/or lawsuit regarding to and/or in
connection with the voiding of this Agreement, including any
mutual claim and/or lawsuit against any of the officers and/or
directors and/or shareholders of Motorola Inc. and/or Motorola
and/or MIL and/or against any third parties related to the
implementation of the Split pursuant to this Agreement.
6. TAXES AND OTHER EXPENSES
Motorola shall bear the tax liability, expenses, costs and commissions,
including stamp and purchase tax, imposed upon Motorola and/or MIL
pursuant to any applicable law in respect of the engagement pursuant to
this Agreement and/or the performance thereof.
7. APPENDICES
The appendices to this Agreement shall be appended thereto by the
Closing Date.
8. MISCELLANEOUS
8.1 The preamble to this Agreement and the appendices thereto
constitute an integral part hereof.
8.2 The headings of the sections are for convenience only and are
not to be used for the purpose of interpreting this Agreement.
8.3 This Agreement and the appendices thereto represent and
constitute the entire agreement between the parties regarding
the subject matter of this Agreement and cancel any prior
agreements, undertakings, arrangements and the like between
the parties.
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8.4 No conduct on the part of either of the parties, including
avoidance of the performance of an act or delay in the
performance thereof, shall be considered a waiver of any of
the party's rights pursuant to this Agreement or by law, or as
a waiver or consent on its part to any breach or
non-performance of any term whatsoever, unless such waiver,
consent, deferral, change, cancellation or addition are made
explicitly and in writing. A waiver in such case shall not
constitute a precedent for any other cases whatsoever and
shall not prejudice the rights and obligations of either party
to this Agreement.
8.5 This Agreement shall be governed by, construed and enforced in
accordance with the laws of the State of Israel. The courts of
Tel-Aviv-Jaffa shall have sole and exclusive jurisdiction to
hear any disputes between the parties of this Agreement.
8.6 Any report, announcement or publication on the part of a party
to this Agreement with respect to the transaction contemplated
by this Agreement shall be issued only in coordination with
and with the consent of the other party.
8.7 Any notice by a party to the other party in connection with
this Agreement shall be sent to the addressee by means of a
facsimile to its fax number, or by personal delivery or
registered mail to its address, as specified below, and shall
be considered as having been delivered to the addressee on the
first business day following the date of its transmission by
facsimile, if confirmation to this effect has been received,
or on the date of delivery if delivered in person, or at the
end of 4 days after the date of dispatch by registered mail,
as stated above, all as the case may be.
MOTOROLA ISRAEL LTD.
Address: 0 Xxxxxxxxxx Xx., Xxx-Xxxx 00000
Fax: 000-0-000-0000
MIL FINO LTD.
Address: 0 Xxxxxxxxxx Xx., Xxx-Xxxx 00000
Fax: 000-0-000-0000
8.8 Any change, amendment or waiver in connection with this
Agreement shall be valid pursuant to a written instrument
signed by both parties only and shall be limited to the matter
with respect to which it was made.
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IN WITNESS WHEREOF, the parties hereto have duly executed this
Agreement, as of the date first above written.
MOTOROLA ISRAEL LTD.
By:
-----------------------
Name:
---------------------
Title:
--------------------
MIL FINO LTD. (in foundation)
By:
-----------------------
Name:
---------------------
Title:
--------------------
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LIST OF APPENDICES
NO. SUBJECT
--- -------
A1 MIL's Rights, Liabilities, licenses and permits
following the Split (the Transferred Activity).
A2 Motorola's Rights, Liabilities, licenses and permits
following the Split.
B All written and oral agreements and contractual
obligations pertaining to the Transferred Activity and
which are in effect on the Effective Date.
C Liens registered on the parties' assets after the
Split, including the order of priorities among them.
D Guarantees and Writs of Indemnity referring to the
Transferred Activity.
E List of employees transferred from Motorola to MIL.
F Motorola's ownership and/or lease rights and/or
contractual rights to receive ownership and/or lease
rights in the real property transferred to MIL.
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APPENDIX A1
This Appendix describes MIL's Rights, Liabilities, licenses and permits as of
December 31, 1999.
RIGHTS, LICENSES AND PERMITS OF MIL
1. 100% (full ownership) of the share capital of the following subsidiaries:
1.1 Motorola Communications Israel Ltd.
1.2 Motorola South Israel Ltd.
1.3 Motorola Israel Information Systems Ltd.
1.4 Motorola Semiconductor Israel Ltd.
1.5 Motorola Israel Semiconductor & Products (S.P.S.) Ltd.
2. 51% of the share capital of Beeper Communications Israel Ltd.
3. Business sectors that function within the legal framework of MIL:
3.1 NETWORK SOLUTIONS SECTOR ("NSS") - which engages in the development,
design, manufacture, marketing and servicing of cellular network
infrastructure systems.
3.2 MOTOROLA COMPUTER GROUP ("MCG") - Israeli Operations, a division of
worldwide MCG and a supplier of embedded computer technology.
3.3 ADVANCED SYSTEMS AND PRODUCTS DIVISION ("ASAPD") - research and
development and manufacturing center.
In addition, MIL holds all the assets of the respective businesses that are
directly related to their activities.
4. Licenses provided by the Israeli Ministry of Communication. Following is a
list of the material licenses:
------------------------------------------------------------------------------------------------------------
NO. OF LICENSE OWNER OF LICENSE
------------------------------------------------------------------------------------------------------------
Trade license 10-993 MIL (CIG)
------------------------------------------------------------------------------------------------------------
Trade license 10-005 Motorola Communications Israel Ltd.
------------------------------------------------------------------------------------------------------------
Special license 12-0120-1-96051 MIRS Communications Ltd.
Special license 12-0120-0-96016
Special license 12-0120-1-96051
Business license Different
------------------------------------------------------------------------------------------------------------
Special license 12-2812-0-95244 Beeper Comm. Israel Ltd.
------------------------------------------------------------------------------------------------------------
Business license Motorola Communications Israel Ltd.
------------------------------------------------------------------------------------------------------------
Different MIRS Communications Ltd.
------------------------------------------------------------------------------------------------------------
Different Motorola Communications Israel Ltd.
------------------------------------------------------------------------------------------------------------
5. All balance sheet assets composed INTER ALIA of the following:
5.1 Real Estate - Leasehold, land, buildings and equipment.
5.2 Cash and cash equivalents in banks.
5.3 Loan to Hewlett Packard S.A. dated 1994.
5.4 Customers' Accounts Receivable.
5.5 Inventory - consists of finished products for sale, spare parts for
repairs and raw materials for manufacturing.
5.6 Debtors - consists of income tax and VAT refunds prepaid taxes and
various other current assets.
5.7 Deposits (short term and long term).
All as described in Motorola's Financial Statement for the year ending
December 31, 1999 (detailing the assets and liabilities of "Propel Carve
Out" and "New Motorola in Foundation"), a copy of which is attached hereto.
LIABILITIES OF MIL
All balance sheet liabilities composed INTER ALIA of the following:
1. Loans to subsidiary companies.
2. Bank loans.
3. Accounts payable to Motorola Inc. for products and services rendered to the
various divisions of MIL.
4. Capital Note to Motorola South Israel Ltd. (without interest and linkage).
5. Net secretions for severance pay.
6. Creditors and Credit Balances.
All as described in Motorola's Financial Statement for the year ending December
31, 1999, a copy of which is attached hereto.
- The Transferred Activity will include all Rights, Liabilities, licenses and
permits that are connected with Motorola's activities, which are not NMG or
PCS.
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APPENDIX A2
This Appendix describes Motorola's Rights, Liabilities, licenses and permits as
of December 31, 1999.
RIGHTS, LICENSES AND PERMITS OF MOTOROLA
1. 50% of the share capital of Pele-phone Communications Ltd.
2. Licenses provided by the Israeli Ministry of Communication:
------------------------------------------------------------------------------------------------------------
NO. OF LICENSE OWNER OF LICENSE
------------------------------------------------------------------------------------------------------------
Trade license 10-840 Motorola Israel (PCS)
------------------------------------------------------------------------------------------------------------
General license Pele-phone Comm. Ltd.
------------------------------------------------------------------------------------------------------------
3. All tangible assets including inventory lab equipment, cars, office
equipment, furniture etc., which are used for the selling of Motorola's
cellular phones in Israel.
4. 1,100 Shares of Bezeq Communications Ltd. at the sum of approximately
$2,000.
5. All balance sheet assets composed INTER ALIA of the following:
5.1 Customers' Accounts Receivables directly obtained from the sale of
Motorola's cellular phones.
5.2 Inventory - consists of Motorola's products for sale or repair.
5.3 Debts.
5.4 Leasehold land, buildings and equipment.
All as described in Motorola's Financial Statement for the year ending
December 31, 1999, a copy of which is attached hereto.
LIABILITIES OF MOTOROLA
All balance sheet liabilities composed INTER ALIA of the following:
1. Indebtedness of Motorola to Motorola Semiconductor Israel Ltd. as of
December 31, 1999 in the aggregate principal amount of $32,508,193.86,
pursuant to Motorola Inc.'s decision with respect to the inter-company
loan, and such other loans of Motorola from its subsidiaries as set forth
on the Financial Statements for the year ending December 31, 1999, a copy
of which is attached hereto.
2. Payments due to Motorola Inc. in respect of all purchase of products and
services from Motorola Inc.
3. All current liabilities formed in connection with business activities.
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All as described in Motorola's Financial Statement for the year ending December
31, 1999, a copy of which is attached hereto.
- The remaining activity will include all Rights, Liabilities, licenses and
permits that are connected with Motorola's NMG or PCS activities.
4
APPENDIX B(*)
All written and oral agreements and contractual obligations of Motorola, which
are in effect on the Effective Date, excluding the agreements of the Personal
Communications Sector (PCS), which materially consist of:
1. a purchase agreement between Motorola and Motorola Tadiran Cellular
Communications Ltd. (subsequently: Pele-phone Communications Ltd.), dated
November 1, 1984.
2. a Memorandum of Understanding and a settlement agreement between Motorola
and Cellcom Israel Ltd., dated February 1997.
3. a supply agreement between Motorola and Partner Communications Company
Ltd., dated October 29, 1998.
4. authorized distributor agreements for distributing handsets and
accessories.
5. outsourcing agreements for the fixing, replacing and maintaining of
handsets and accessories.
and excluding the agreements of the NMG field (essentially, the holding of
shares in Pele-phone Communications Ltd. ("PCL")), which materially consist of:
1. a shareholders agreement between Bezeq the Israeli Communications Company
Ltd. and Motorola, as of October 10, 1994.
2. an agreement between Motorola and PCL with regard to CDMA infrastructure
dated 1987, and all its amendments (including the amendment dated 1997) and
related purchase orders.
(*) This Appendix describes the agreements that relate to the Transferred
Activity in the manner of listing the agreements related to the activity
remaining in Motorola instead of specifying the list of agreements to be
transferred to MIL.
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APPENDIX C
LIENS OF MOTOROLA AND MIL
Motorola and MIL have no liens registered on their assets for the benefit of any
third party(1).
----------
1 Please note that the Israeli Registrar of Companies had a lien in the sum
of NIS 0.02 on Motorola's assets. This lien was removed, but not all of the
databases concerning the registration of this information were updated in
respect of the removal.
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APPENDIX D
Guarantees of Motorola that refer to the Transferred Activity assumed by MIL on
the Closing Date, including:
1. "Company" guarantees to Bank Leumi for the subsidiaries:
1.1 Motorola Semiconductor Israel Ltd.
1.2 Motorola Israel Semiconductor & Products (S.P.S) Ltd.
1.3 Motorola Israel Information Systems Ltd.
2. "Company" guarantees to the Israeli Customs Authorities for the
subsidiaries:
2.1 Motorola Communications Israel Ltd.
2.2 Motorola Semiconductor Israel Ltd.
2.3 Motorola Israel Semiconductor & Products (S.P.S.) Ltd.
2.4 Motorola Israel Information Systems Ltd.
0
XXXXXXXX X
Employees transferred from Motorola to MIL as of December 31, 1999:
LAST NAME FIRST NAME COMMERCE ID
---------------------------------------------------------------------------
XXXXXXX XXX 28209725
ACHSAF HANAN 28909002
ACHTARZAD XXXXXX 28203687
ADIKA GAL 28706552
XXXXX XXXX 28909948
XXXXX XXXXX 28201467
XXXXX XXXXX 28209286
XXXX XXXXX 28106979
XXXXX XXXXX 28203929
AMAR MIKI 28903544
AMIR ZIONA 28903746
XXXXX XXXX 28109987
XXXXXX XXXX 28109887
XXXXX XXXXXX 28709461
XXXXX XXXX 28909778
XXXXXXXXX XXXX 28909827
XXXXXXXXX XXXXX 28709382
XXXXX XXXXX 28909227
XXXXX XXXXXXX 28908071
XXXXXXXX XXXXXX 28104091
AZAGI ERAN 28709888
XXXXX XXXXXX 28106721
XXXXXXX XXXX 28909503
XXXXXX XXXXX 28709982
BALDUT XXXXX 28709884
BANIEL URI 28704747
XXXXXX XXXXX 28709208
BAR MICHAL 28900427
BAR AHARON 28709959
XXXXX GAL 28104086
XXXXXX XXXXXX 28906548
BARGURY YANIV 28104935
BARLY XXX 28909215
XXXXXX XXXXXXX 28109935
XXXXX XXXX 28909843
XXXXXX XXXX 28704503
XXX XXXX 28104060
XXXXXXXX XXXX 28706712
XXXXXXXX XXXXXX 28904669
XXXXXX XXXXXX 28909217
XXX-XXXXXXX SHLOMIT 28902900
BEN-ISRAEL HILIK 28706514
XXX-XXXXXXX OFER 28704528
XXX-XXXXXXXXX OFER 28209520
BEN-SHABATH SHULAMITH 28703984
XXX-XXXXXXXX CHAGIT 28909219
XXX-XXXX XXXX 28209283
8
XXX-XXXXXX AMIR 28703243
XXX-XXXXX XXXXXX 28700642
XXX-XXX XXXXX 28903729
BEN OR TOMER 28109991
XXXXXXXXXX XXXXXXXXX 28106999
BENZANO MEIR 28903141
XXXXXXXXX XXXX 28906385
XXXX XXXX 28103857
XXXXXXXX XXXX 00000000
BILDERMAN OFER 28902892
XXXX XXXXXX 28209590
XXXXXXXX XXXXX 28709943
XXXXX XXXXXXXXX 28909514
XXXXXX XXXXXXX 28909554
BLAJEVITCH ANDREY 28109277
XXXXX XXXXX 28708765
XXXXXXX XXXXX 28703561
XXXXXXXXXXX XXXXXX 28909225
XXXXXXXXXX XXXXXX 28909864
XXXXX XXXXXXX 28104668
XXXXXX XXX 28904843
XXXXXXXXX XXXXX 28106843
BRASHINSKY ILAN 28706579
XXXXXXX XXXXXX 28109230
XXXXX XXXXXXX 28909976
XXX XXXX 28906971
CALIF LIOR 28109109
XXXXXX XXXX 28909174
XXXX XXXXX 28102776
XXXX XXXXXX 28104085
XXXXXXXX XXXX 28109158
XXXXXXX XXXXX 28109271
XXXXX XXXX 28702014
XXXXX XXXXX 28703540
XXXXX XXXXX 28704863
XXXXX XXXX 28706370
XXXXX XXXX 28706709
XXXXX XXXXXX 28909854
XXX XXXX 28909727
DANGOOR YEHEZKEL 28104708
XXXXXXXXXX XXX 28906805
XXXXXX XXXXXXX 28904011
XXXXX XXXXXX 28202802
XXXXXXX XXXX 28703528
XXXXX XXXX 28903172
XXXXX XXXXX 28209328
DERECH RAMAL 28106877
DOBROHOTOV PAVEL 28909572
XXXXXXX XXXXXX 28902062
XXXXX XXXXXXX 28994922
XXXXXX XXXXXXXXX 28209339
XXXX XXXX 28903177
0
XXXXX XXXX 00000000
XXXXX XXX 28909748
ELDAR XXX 28106788
XXXXXX XXXXX 28902510
XXXXXXX XXXXXXX 28209278
ELIZUR RAKEFET 28909682
ELKARAT SHANY 28109928
XXXXXX XXXXX 28909844
XXXXXX XXXX 28708066
XXXXX XXXXX 28203519
XXXXXXXX XXXX 28103777
EYAL ILIT 28209285
XXXXXXX XXX 28106747
XXXXXX XXXXXX 28109207
XXXXXXX XXXXXX 28994931
XXXXX XXXXX 28903142
XXXXXX XXXX 28909365
XXXXX XXXXXX 28909855
XXXXXX XXXXXXX 28704876
XXXXXX XXXX 28206905
XXXXX XXXX 28909683
XXXXXXXX XXXXXXX 28109449
XXXXXXXXXX XXXXX 28903214
XXXXX XXXXXX 28704008
XXXXXXX XXX 00000000
XXXXXXX XXX 28706671
XXXXX XXXXX 28909216
GAT AMIT 28104058
XXXXXXXX XXXX 28704561
XXXXXX XXXXXXX 28904719
XXXXX XXXXX 28709473
XXXXX XXXXX 28706623
XXXXXXX XXXXXX 28909583
GERSHONI AVIHAY 28909496
GERSHUNI CHEN 28909566
XXXXXXXXXXXX XXXXX 28106661
XXXXXX XXXXX 28906570
XXXXXX XXXXX 28709424
GILBOA NIZAN 28709466
XXXXXXX XXXXXX 28106827
XXXXXXXX XXXXXX 10147432
XXXXX XXXXX 28206575
XXXXXX XXXXXX 28702071
GOLD AVI 28901865
XXXXXXXX XXXXX 28205174
XXXXXXXXXX XXXXX 28703629
XXXXXXXXXX XXXXX 28906923
XXXXX XXXXX 28909553
XXXXXX XXX 28909826
XXXXXXXXX XXXXX 28906947
GREENNEY XXXX 28109468
XXXXXXXXX XXXXXX 28709235
10
XXXXXXXX XXXXX 28209275
XXXXXXXX XXXXX 28209308
XXXXXXXXXX XXXXXX 28709274
XXXXX XXXXX 28709936
GROSSER MAYER 28906363
GRYNWALD-XXXXXX XXXX 28904911
GURI NANA 28209631
XXXXXXX GAL 28109168
XXXXXX XXXXXX 28209284
XXXX XXXXXXX 28906580
XXXXXX XXXXXXXX 28903245
HAR-XXXX XXXX 28904988
XXXXXX XXXX 28106724
XXXXXX XXXXXX 28202488
XXXXXX XXXX 28703995
XXXXX XXX 28703391
XXXXX XXXXX 28709411
XXXXXX XXXX 28703800
XXXXXXX XXXXX 28700090
XXXXXXXXXX XXXX 28104028
HOD-XXXXX XXXXXX 28106845
XXXXXXXX XXXXX 28909838
XXXXXX XXXXXXX 28709469
XXXXX XXXXX 28909061
XXXXXX XXXXXXX 28904955
XXXXX XXXX 28706723
XXXXXX XXXX 28904014
XXXXXXXX XXXXX 28104112
XXXXXX XXXX 28706719
XXXXXXXX XXXXXX 28709962
JELTIKOV IRINA 28209307
KADAN TSVIEL 28106700
KADOSH AVI 28906982
KAMAR AVI 28703835
XXXXXXX XXXXXX 28209338
XXXXXXXXXXX XXXXXXX 28909728
XXXXXXX XXXXXXX 28703576
XXXX XXXXXXX 28103504
XXXX XXXX 28909873
XXXXXXXX XXXXXXX 28106875
XXXXXX XXXXX 28708720
XXXXX XXXXXXXXX 28906944
XXXXXX XXXXXXX 28109232
XXXXXXXX XXXXXX 28106993
KISHINOVSKY IRIT 28904019
KISSOS DROR 28909990
XXXXXX XXXXXX 28106974
XXXXX XXXXXX 28706408
XXXXX XXXX 28209571
XXXXXX XXXXX 28106975
XXXXX XXXXX 28109992
XXXXXXXX XXXXXXXX 28704043
11
XXXXXXX XXXXXXXXX 28106792
XXXXXXXXX XXXX 28706389
XXXX XXX 28908764
XXXXXX XXXXX 28103665
XXXXXX XXXXX 28909952
XXXXXXXXXXX XXXXXX 28206704
XXXXXXXX XXXX 28906942
XXXXX XXX 28706787
XXXXXXX XXXXX 28209300
XXXXXXX XXXXXXX 28109250
XXXXXX XXXXX 28703796
XXXXXX XXXXX 28908131
XXXXXXX XXXXXX 28909786
KRINIZI VIKI 28203930
XXXXXXX XXXX 28805658
KUKNARIEV ROMAN 28909831
KULANGIEV XXXXXX 28709944
XXXXXX ELA 28706527
XXXXX XXXX 28209296
XXXXXXXX XXXX 28904792
XXX XXXXX 28106880
XXXX XXXXX 28704618
XXXX XXXX 28706863
XXXXX XXXXX 28909218
XXXX XXXXXXX 28901366
XXXX XXXX 28908701
XXXX XXXX 28109960
XXXX XXXXX 28104018
LIRAZ KOBI 28703956
LOVTON YOSSI 28902782
XXXXXX XXXX 28706540
LUZON RACHELA 28206693
XXXXX XXXXXXX 28706628
MADMONI AVIRAM 28709263
XXXXXX XXXXXX 28900139
XXXXXXX XXXXX 28104727
XXXXX XXXXX 28704848
MAMISTVALOV MALKHAZI 28706791
XXXXXXX XXXXXX 28909785
XXXX XXX 28902950
XXXXXXXX XXXX 28909870
XXXXXX XXXXXXX 28202885
XXXXXXXX XXX 00000000
XXXXXXXXX XXXXXXX 28709927
XXXXXXXXX XXXXX 28909360
MATSRAFI XXXX 28906994
XXXXXXXX XXX 28109882
MAYO RAN 28709919
XXXXXX XXXXXX 28909047
XXXXXX XXXXX 28104971
XXXXXX XXXX 28909034
XXXXXXXXXXX XXXXX 28109111
12
XXXXXXX XXXXX 28703477
XXXXXXXX XXXXX 28906751
MIKITICH ALEXANDER 28209597
XXXXX XXXX 28709942
XXXXXX XXXXXXX 28109252
XXXXXXXX XXXX 28704946
XXXXXXX XXXXX 28704639
XXXXXXX XXXXXX 28704817
XXXXX XXX 00000000
XXXXXXXXXX XXXXXX 28104118
MORIM NASA SHALHEVET 28109929
XXXXXXXX XXXXXX 28706387
XXXXX XXXXXXXXX 28908036
MUSAY YIGAL 28909717
XXXXX XXXXXX 28903165
XXXXXX XXXXX 28904048
XXXXXXX XXXXXX 28906997
XXXXX XXXX 28704847
XXXXXX XXXXX 28204720
XXXXXX XXXXXXX 28903159
XXXXX XXXXX 28903791
XXXXXXXX XXXXXX 28906371
XXXXXXX XXXXXX 28206934
XXXXXX XXXX 28909567
XXXX XXXX 28706529
NOV XXXXX 28709043
OMEN HAZI 28704609
XXXXX XXXXXX 28706705
OR LILACH 28906547
XXXXXX XXXXX 28704956
XXXXXX XXXXX 28906915
OZ XXXXX 28704958
XXXXX XXXX 28701255
XXXXX XXXX 28709886
PANFILENKO ANDREI 28909127
PARDESSI RAN 28706878
XXX-EL XXXXX 28903963
PATURSKY SOFI 28909488
XXXXX XXXXXX 28109997
XXX XXXXXXX 28903637
PEER XXXXXXXX 28106828
XXXXXX XXXXXX 28703790
XXXXXX XXXXXXX 28708809
PLINER EVGENY 28706594
XXXXXX XXXX 28909110
PORAN RAPHAEL 28903730
XXXXX XXXX 28104099
XXXXXXX XXXXXXXXXX 28109157
XXXXX XXXXXXX 28106742
XXXXXXXXXX XXXXX 28109920
RACHMILOV MOTI 28104111
RAFAELI ZIV 28906374
13
XXXXX XXXX 28104917
XXX XXXXX 28906990
REBENSHTOK DOV 28704572
XXXX XXXXX 28903535
XXXXX XXX 28206854
XXXXXXX XXXXX 28704877
XXXXXXXXXX XXXX 28709988
RIMON AVI 28906538
XXXXXXX XXXXXXX 28909276
XXXXXXX XXXX 28109046
ROLL XXXXX 28706635
XXXXX XXXXXX 28104592
XXXXXXXXX XXXX 28704966
XXXXXX XXX 28704623
XXXX XXXX 28706348
XXXXX XXXX 28104113
XXXXXXX XXXX 28909221
XXXXXX XXXX 28209724
XXXXXXXXX XXXXXX 28709963
XXXXXXX XXXX 28709194
XXXXXXX XXXXXXX 28706817
XXXXXXXX XXXXXX 28704898
XXXXXXXX XXX 28706585
XXXXX XXXXX 28109995
SEGEV ZION 28704838
SELA NOA 28909865
XXXXXXXX XXX 28208047
XXXXXXXXXX XXXXX 28104079
XXXXX XXXXX 28709885
XXXXXXX XXXXX 28909673
XXXXXX XXX 28103619
XXXXXX XXXXXX 28900157
SHAHARABANI XXXXX 28109388
XXXXXXXXXX XXXXXX 28209589
SHAMAI SHAI 28109996
XXXXX XXXX 28704750
XXXXXXX XXXX 28703279
SHARABI YOAV 28209729
SHARET TZVIKA 28704842
XXXXXX XXXXX 28706786
XXXXXX XXX 28709933
SHAVIT MAXIM 28703735
SHAVIT YARIV 28709993
SHEKALIM PERETS 28704057
SHEM TOV XXXXX 28909666
XXXXXXX XXXX 28909726
XXXXXXXXXX XXXXXX 28906515
SHILOAH MICHAL 28906970
XXXXXX XXXXX 28909569
XXXXXXX XXXXX 28704960
XXXXXXX XXXXXXXXX 28109159
XXXXXX XXXX 28102591
14
XXXXXXXXXX XXXXXX 28702828
XXXX XXXXX 28206571
XXXX XXXXX 28994904
XXXXXXXXX XXXXXX 28104715
XXXXXXX XXXXX 28906983
XXXXX XXXX 28906969
SIVAN ELAD 28204924
XXXXXXXXX XXXXX 28909103
XXXXXXXX XXXXXXXXX 28906996
XXXXX XXXX 28103475
XXXXX XXXX 28206480
XXXXXXXXXX XXXXXX 28909735
XXXXXXXXX XXXXX 28203382
XXXXX XXXXXXX 28104087
TAL NIV 28703958
XXXXXX XXXXX 28203500
XXX XXXXX 28709359
XXXXXXXXXXX XXXXX 28709426
XXXXXXXXX RAN 28709417
XXXXXX XXXXX 28906954
TIHSBI XXXX 28706554
XXXXX XXXXXXXX 28103613
TOOBA AVI 28202774
TWINA YOSI 28706867
XXXXX XXXX 28709941
TZUMIE XXXXXX 28908743
USANOVICH EVGENY 28709343
XXXX XXXX 28703389
VAKNIN BENSI 28200164
XXXXXX XXXXX 28704920
XXXXX XXX 00000000
XXXXXXXXXX XXXX 28106917
XXXXXX XXXXX 28104045
XXXXXX XXXXX 28904017
XXXXXXX XXXXXX 28106868
XXXXXXXXX XXXXXX 28202765
XXXXXXXXX XXXX 28106887
XXXXXX XXX 28909953
XXXXXXXXX XXXXXX 28908097
XXXXXXXX XXXXX 28706536
XXXXXX XXXX 28203152
XXXXXXXX XXXX 28909834
YANCC EYAL 28909872
YATIR XXXXX 28704576
YAVNEL VUACHESLAV 28106686
XXXXXX XXXXXX 28706584
XXXXXXX XXXXXXXXXX 28209280
YERUSHALMI ISRAEL 28203421
YIHYE XXXXXX 28909105
XXXXXX XXXXXXX 28903781
YOSSEFI YAIR 28909024
XXXXXX XXXXXX 28904916
00
XXXXXX XXX 00000000
XXXXX XXXXX 28709481
XXXXXX XXXXX 28909213
XXX XXXXXXX 28209592
XXXXXXXXX XXXX 28209430
XXXXXXX XXXXX 28903146
XXXXXXX XXXXX 28106963
ZIFRONI OMER 28709487
ZINCHIN XXXXXX 28109934
XXX XXXXXX 28908723
XXX XXXXX 28709961
XXXXX XXXXXXXX 28701414
ZORAYAH SHAY 28109921
XXXXXXXXX XXXXX 28709446
- The Transferred Employees will include all other employees on the Closing
Date that are connected with Motorola's activities, which are not NMG or
PCS, and are not detailed here above.
16
APPENDIX F
Motorola's ownership and/or lease rights and/or contractual rights to receive
such rights in the real property transferred to MIL on the Closing Date,
including without limitation:
----------------------------------------------------------------------------------------------------------------------
THE RIGHT THE ASSET THE OWNER TERMINATION DATE
----------------------------------------------------------------------------------------------------------------------
Lease 3 Kremniski, Tel-Aviv Motorola
----------------------------------------------------------------------------------------------------------------------
Lease 16 Kremniski, Tel-Aviv Motorola
----------------------------------------------------------------------------------------------------------------------
Lease 8 Meitav, Motorola
Tel-Aviv
----------------------------------------------------------------------------------------------------------------------
Rent 6 Kremniski, Tel-Aviv Dubtzki, Zacks and Sason / 31.3.03 / 30.11.02
Amot Investments
----------------------------------------------------------------------------------------------------------------------
Rent 16 Kremniski, Tel-Aviv Tenanboim and Nob 30.6.00
----------------------------------------------------------------------------------------------------------------------
Rent 0 Xxxxxx, Xxx Xxxx Transportation Instruments 31.10.02
----------------------------------------------------------------------------------------------------------------------
Rent Ashdar Center, Tel-Aviv Danbar / Manpower / Fiat / 31.12.01 / 28.2.05 /
Xxxxxx and Alied 7.8.01 / 6.1.03
----------------------------------------------------------------------------------------------------------------------
Rent 00 Xxxxxxxx, Xxx Xxxx Xxxxxxxx and Xxxxxx 31.12.04
----------------------------------------------------------------------------------------------------------------------
Rent 9 Hahascala, Tel Aviv Xxxxx Xxxx 31.12.01
----------------------------------------------------------------------------------------------------------------------
Rent California, Tel-Aviv Kital / Xxxxx Xxxxx 31.12.00
----------------------------------------------------------------------------------------------------------------------
Rent 14 Nevatim, Ramat Xxx, Xxxx 31.5.02
Petach Tikwa
----------------------------------------------------------------------------------------------------------------------
17