ContractExclusive Distribution Agreement • May 5th, 2020 • London
Contract Type FiledMay 5th, 2020 Jurisdiction<DOCUMENT> <TYPE>EX-10.3 <SEQUENCE>3 <FILENAME>b325638_ex10-3.txt <DESCRIPTION>AGREEMENT <TEXT> <PAGE> Exhibit 10.3 AGREEMENT Made and entered into this 25 day of July 2001, by and between: ISBAK AS. (ISTANBUL BELEDIYELER BAKIM ULASIM SAN. Ve TIC. AS.), a company registered under the laws of Turkey with offices at 52 Cendere Yolu, 80360 Kagithane, Istanbul, Turkey. (hereinafter referred to as "ISBAK') And INKSURE Inc. a corporation with offices at 35 Industrial Parkway, Northvale, New Jersey 07647, USA. (hereinafter referred to as "InkSure") And MTM GUVENLIK Ve HOLOGRAFIK KART SISTEMLERI AS., a company registered under the laws of Turkey with offices at Teknoloji Gelistrime Merkezi P.K:21, 41470 Gebze-Kocaeli, Turkey. (hereinafter referred to as `MTM") WHEREAS: InkSure engages in the development, production, marketing and maintenance of machine readable secured ink, the DA1000 ticket reader and other related security printing and detection features and technology (hereinafter "InkSure'