MEMORANDUM OF UNDERSTANDINGMemorandum of Understanding • August 8th, 2011 • Wizzard Software Corp /Co • Services-prepackaged software
This Memorandum of Understanding (the “MOU”) is entered into on August 2nd, 2011, between Wizzard Software Corp., a Colorado, USA corporation (hereinafter referred to as “Wizzard”) and FAB Enterprise Group Co., LTD, Digital Entertainment International Ltd. (HK), Beijing, Dingtai Guanqun Culture Co. Ltd. (WOFE), Beijing FAB Culture Co., Ltd. and Beijing FAB Digital Entertainment Products Co., Ltd., (hereinafter collectively referred to as “FAB”), all of whom, together with their respective affiliates, in adhering to the principles of equality and mutual benefits as well as through friendly negotiations, have agreed to enter into this MOU under the terms and conditions stated below.
