MEMORANDUM OF UNDERSTANDINGAugust 8th, 2003
FiledAugust 8th, 2003The Panama Canal Authority, an autonomous legal entity established by the Constitution of the Republic of Panama under public law and having its main offices in Balboa, Panama, Republic of Panama, represented herein through Alberto Alemán Zubieta, its Administrator and the South Carolina State Ports Authority, an agency of the State of South Carolina created by Act of the South Carolina General Assembly, represented herein by Bernard Groseclose, President and Chief Executive Officer, hereby agree to the following: