AURA SYSTEMS, INC. - and - Jiangsu AoLunTe Electrical Machinery Industrial CO., LTD.Securities Purchase Agreement • February 1st, 2017 • Aura Systems Inc • Miscellaneous electrical machinery, equipment & supplies • California
Contract Type FiledFebruary 1st, 2017 Company Industry JurisdictionAfter friendly consultations conducted in accordance with the principles of equality and mutual benefit, the Parties have agreed to establish a Sino-foreign cooperative joint venture at Liyang, the PRC, in accordance with the Law of the People’s Republic of China on Sino-Foreign Cooperative Joint Venture (中华人民共和国中外合作经营企业法) (“Cooperative Joint Venture Law”) and its implementing rules (中华人民共和国中外合作经营企业法实施细则) (“Cooperative Joint Venture Regulations”) and other relevant PRC laws and regulations, and the provisions of this Contract.