SETTLEMENT AGREEMENT AND MUTUAL RELEASESettlement Agreement • July 31st, 2024 • ScanTech AI Systems Inc. • Instruments for meas & testing of electricity & elec signals
This Settlement Agreement and Mutual Release (the “Agreement”), dated 18 June 2024, is entered into by and among (i) NACS, LLC, a Delaware limited liability company (“NACS”), (ii) ScanTech Identification Beam Systems, LLC, a Delaware limited liability company (“ScanTech”), and (iii) Taylor Frères Americas LLP (“TFA” and, together with its affiliates, including, without limitation, TFGS Holding VII LLC, the “TF Parties”), collectively referred to herein as the “Parties.”
Distributorship AgreementDistributorship Agreement • July 31st, 2024 • ScanTech AI Systems Inc. • Instruments for meas & testing of electricity & elec signals • Georgia
THIS AGREEMENT made this 24th day of March, 2023, by and between ScanTech Identification Beam Systems LLC. whose principal place of business is located at 1735 Enterprise Dr, Buford, GA 30518 - USA (hereinafter referred to as “ScanTech”), a corporation incorporated under the laws of the State of Georgia, having its principal office in Buford GA, ("Manufacturer"), and Agop Havluciyan X Ray Güvenlik Sistemleri Merkezi Sanayi ve Ticaret Ltd. Şti. a company organized under the laws of Turkey, with offices at Beylikdüzü OSB Mah, Mermiceler San. Sit.10 cadde No 14, Beylikdüzü, Istanbul, Turkey (known as XRC) ("Distributor"), with Manufacturer and Distributor collectively referred to as the “Parties”. For good and valuable consideration, the sufficiency of which is hereby acknowledged by all Parties, Manufacturer and XRC agrees as follows:
