AGREEMENT AND PLAN OF REORGANIZATION 1.6Agreement and Plan of Reorganization • February 23rd, 2007 • Magnitude Information Systems Inc • Services-prepackaged software • New York
This AGREEMENT AND PLAN OF REORGANIZATION dated as of 19 February, 2007 (the “Agreement”), between Magnitude Information Systems, Inc., a Delaware corporation (“Magnitude”), Kiwibox Media, Inc. , a Delaware corporation (“Kiwibox”) and Magnitude Operations, Inc., a wholly-owned Subsidiary of Magnitude (in organization) (“Subsidiary”) and the shareholders of Kiwibox, Lin Dai, Ivan Tumanov, and Michael Howard (the “Kiwibox Shareholders”) Kiwibox. Magnitude and Subsidiary may also be referred to herein as the “Constituent Corporations” or the “Parties.”
EMPLOYMENT AGREEMENT 1.4Employment Agreement • February 23rd, 2007 • Magnitude Information Systems Inc • Services-prepackaged software • New York
WHEREAS, Executive has agreed to serve as the Company's Executive Officer , pursuant to the terms and conditions set forth herein.
