betweenService Agreement • November 14th, 2003 • Simclar Inc • Electronic components, nec
ONE Inc hereby retains Simclar to provide certain management services (including but not limited to financial, administrative, business development and operational matters) with respect to the business of Inc and its subsidiaries. Simclar shall have no responsibility to advance or make any funds available for the operations of Inc nor shall Simclar or any of its employees sign any cheques, agreements, contracts or similar documents or instruments by, for or on behalf of Inc nor shall Simclar have any supervisory or managerial responsibilities or obligations on behalf of Inc with respect to any of the operations of Inc all of which shall be the sole responsibility of Inc except to the extent that such Simclar personnel are also officers and/or Directors of Inc and authorised by Inc to sign cheques for Inc or are otherwise employed by Inc in a managerial capacity but any act by such employee, officer or Director of Inc shall not be that of Simclar nor shall any liability for any act or o
RECITALSStock Purchase Agreement • November 14th, 2003 • Simclar Inc • Electronic components, nec • Illinois
