Magnitude Information Systems, Inc.Standstill Agreement • February 21st, 2008 • Magnitude Information Systems Inc • Services-prepackaged software
Contract Type FiledFebruary 21st, 2008 Company IndustryThis shall serve as a "standstill agreement" between the parties with respect to a certain Agreement and Plan of Reorganization, dated February 19, 2007, and as amended by Amendments Nos.l through 5, (collectively, the "Agreement"). The parties agree to extend any and all rights, deadlines, obligations, requirements, payments and the like, as well as not to exercise any of their respective rights, under the terms and provisions of the Agreement during the period from today through 5:00 pm, Eastern Time on February 25, 2008.