COMPROMISE AND SETTLEMENT AGREEMENTCompromise and Settlement Agreement • June 23rd, 2004 • Minorplanet Systems Usa Inc • Radiotelephone communications • Texas
Contract Type FiledJune 23rd, 2004 Company Industry JurisdictionTHIS IS A COMPROMISE AND SETTLEMENT AGREEMENT (the “Agreement”) which is executed as of the 21st day of May, 2004, effective as provided herein, by and among (i) Minorplanet Systems USA, Inc., a Delaware corporation, Caren (292) Limited, and Minorplanet Systems USA Limited (collectively, the “Debtors”) and (ii) Minorplanet Limited and Minorplanet Systems plc.