SETTLEMENT AGREEMENTSettlement Agreement • March 5th, 2007 • Cellstar Corp • Wholesale-electronic parts & equipment, nec
This SETTLEMENT AGREEMENT (“Agreement”) is made and entered into this 27th day of February, 2007 (the “Effective Date”), by and between CellStar International Corporation\Asia, a Delaware corporation (“CICA”), CellStar Corporation, a Delaware corporation and parent company of CICA (“CellStar”), CellStar, Ltd., a Texas limited partnership (“CellStar Ltd.”), Fine Day Holdings Limited, a corporation organized and existing under the laws of the British Virgin Islands (“Fine Day”), CellStar (Asia) Corporation Limited, a Hong Kong corporation (“CellStar Asia”), and Mr. Horng An-Hsien, the Chairman and sole shareholder of Fine Day (“Mr. Horng”).
