ASSET & LIABILITY RE-ALLOCATION AGREEMENTAsset & Liability Re-Allocation Agreement • December 23rd, 2010 • Elbit Vision Systems LTD • Industrial instruments for measurement, display, and control
This Asset & Liability Re-Allocation Agreement (this "Agreement") is entered into as of May 31, 2010, by and between Elbit Vision Systems Ltd., a company organized under the laws of the State of Israel with its offices at 1 Hayasur Street, Hasharon Industrial Park, Kadima, P.O.B. 5030,, Israel ("EVS") and ScanMaster Systems (IRT) Ltd., a company organized under the laws of the State of Israel with its offices at 1 Hayasur Street, Hasharon Industrial Park, Kadima, P.O.B. 5030, ("ScanMaster") (EVS together with ScanMaster, the "Parties").
