ASSET PURCHASE AGREEMENT BY AND AMONG AURA SYSTEMS, INC. AND EMERALD COMMERCIAL LEASING, INC. MAY 15, 2008Asset Purchase Agreement • June 13th, 2008 • Aura Systems Inc • Miscellaneous electrical machinery, equipment & supplies • California
This Asset Purchase Agreement (this “Agreement”), dated May 15, 2008, effective as of May 15, 2008, is made by and between Aura Systems, Inc., a Delaware corporation (the “Buyer”), having its principal place of business at 2330 Utah Avenue, El Segundo, California 90245 and Emerald Commercial Leasing, Inc. a Georgia corporation (the “Seller”), having its principal place of business at 4225 Moreland Avenue, Conley, Georgia 30288.
EMPLOYMENT AGREEMENTEmployment Agreement • June 13th, 2008 • Aura Systems Inc • Miscellaneous electrical machinery, equipment & supplies • California
This EMPLOYMENT AGREEMENT (the “Agreement”) is entered into as of May 15, 2008, between AURA SYSTEMS INC., a Delaware Corporation (the “Company”) and JOSEPH DICKMAN, an individual (the “Employee”).
Aura Systems Inc.Aura Systems Inc • June 13th, 2008 • Miscellaneous electrical machinery, equipment & supplies
This serves to confirm and memorialize the mutual agreement of Aura Systems, Inc and Emerald Commercial Leasing, Inc. to amend that certain distributorship agreement by and between our two companies dated November 24, 2006. Recently we agreed that the distributorship will no longer remain in force. Effective, as of May 15, 2008, our AuraGen distributorship shall be terminated.
