STARFISH MANUFACTURING CONTRACTStarfish Manufacturing Contract • April 24th, 2006 • 2-Track Global, Inc. • Search, detection, navagation, guidance, aeronautical sys
THIS AGREEMENT is made the 13th day of December, 2005 BETWEEN: 1. 2-TRACK LIMITED (registered in England under number 4560034) whose registered office is at 6th Floor, Holborn Hall, 100 Gray's Inn Road, London, WC1X 8BY ("2-Track"); and 2. SARACOM CORPORATION a company registered under the laws of Korea whose principal place of business is at 141-37, 3Ka, Namhang-Dong, Youngdo-Ku, Busan, Korea ("SARACOM"). BACKGROUND A. 2-TRACK and SARACOM desire to establish a mutually business relationship and to develop, verify and launch under best efforts high quality; and, B. 2-TRACK is in the business of developing asset tracking and monitoring system; and, C. SARACOM is in the business of developing, manufacturing and distributing marine device; and, D. SARACOM desires to develop, manufacture and supply "STARFISH Product". E. NOW, THEREFORE, in consideration of the promises and agreements set forth below and the other consideration cited herein, the parties agree as fol
