EMPLOYMENT AGREEMENTEmployment Agreement • June 19th, 2008 • GPS Industries, Inc. • Communications equipment, nec • Nevada
EMPLOYMENT AGREEMENT (“Agreement”), dated as of June 16, 2008, by and between GPS Industries, Inc., a Nevada corporation (the “Employer”) and David Chessler, an individual residing at 1026 Las Posas San Clemente, CA 92673 (the “Executive”).
SECURITY AGREEMENT dated as of June __, 2008 between GPS INDUSTRIES, INC., (the “Borrower”) and TULIP GROUP INVESTMENTS, LIMITED (“Secured Party”)Security Agreement • June 19th, 2008 • GPS Industries, Inc. • Communications equipment, nec • Nevada
THIS SECURITY AGREEMENT (this “Agreement”), is entered into as of June __, 2008, by and between GPS INDUSTRIES, INC., a Nevada corporation (“Maker”), DIRECT GOLF SERVICES INC., a ______________ corporation (“Direct Golf”), GOLF ACADEMIES LTD. D/B/A GPSI EUROPE, a ____________ corporation (“GPSI Europe”), and GPS IT, LLC, a _________ limited liability company (“GPS IT”, together with Direct Golf, and GPSI Europe, collectively referred to herein as “Subsidiaries,” and individually as a “Subsidiary”, and together with the Subsidiaries and Maker, collectively, the “Borrower") and TULIP GROUP INVESTMENTS, LIMITED, a B.V.I company (“Secured Party”).
