LOAN AGREEMENTLoan Agreement • December 18th, 2007 • Dci Usa, Inc • Real estate • New York
THIS AGREEMENT is entered into this 28 day of November, 2007, by and between World Group Shipping Ltd. , whose address is 3 Hayetzira St, Ramat Gan, Israel, (“Lender”)
Share Acquisition Option Agreement That was prepared and signed in Tel Aviv on the 5th of the month of December, 2007Share Acquisition Option Agreement • December 18th, 2007 • Dci Usa, Inc • Real estate
Without derogating from any other provision or representation in this Agreement it is stressed, that the Consideration For the Shares is based on all other figures in the Balance Sheet and financial statement annexed to this agreement as Appendix B which shall be a representation by the Conferrer towards the Recipient. Therefore, the final Consideration For the Shares shall be adapted to the amended and updated financial situation of the Company at the date of payments, according to a new and updated balance sheet audited and approved by an Israeli CPA of the Recipient. Any discrepancy or change of any nature, between the figures in the Balance Sheet shall cause the relevant and proportional correction to the Consideration For the Shares, but it is agreed between the Parties that no correction shall be done to increase the said Consideration.
