MEMORANDUM OF UNDERSTANDINGSMemorandum of Understanding • June 29th, 2006 • Airspan Networks Inc • Radio & tv broadcasting & communications equipment
THIS MEMORANDUM OF UNDERSTANDINGS (hereinafter called, “THIS MEMORANDUM”) made as of 23rd June, 2006, by and between YOZAN INC. (hereinafter called, “YZN”) of the city of Tokyo, Japan and Airspan Communications Ltd. (hereinafter called, “ACL”) of the city of Uxbridge, U.K., sets forth the mutual understandings of the both parties regarding PURCHASE CONTRACT (YZN/ACL-A14) dated 14th April, 2005, between the both parties (hereinafter called, “1st P/C”) and 2nd PURCHASE CONTRACT (YZN/ACL-S13) dated 13th September, 2005, between the both parties (hereinafter called, “2nd P/C”) and the MOUs/Amendments/Supplement/Minutes related to 1st P/C and/or 2nd P/C (hereinafter collectively called, “The Existing Agreements”), which were made for YZN’s Broadband Wireless Access Service by WiMAX (hereinafter called, “YZN’s WiMAX Project”). The mutual understandings of the both parties herein confirmed are as follows:
