Transfer of Accounts Payable Sample Contracts

TRANSFER OF ACCOUNTS
Transfer of Accounts Payable • September 13th, 2012 • GBS Enterprises Inc • Wholesale-furniture & home furnishings • Delaware

This agreement is made and entered into this 21'' day of May, 2012 by and between Synaptris Incorporated, a California Corporation located at 3031 Tisch Way, Suite# 505, San Jose, CA 95128, USA ("Synaptris") and SD Holdings Limited, a company established under the laws of the Republic of Mauritius, having its registered office at 608, St James Court, St Denis Street, Port Louis, Republic of Mauritius ("SD Holdings") for the transfer of Accounts Payable(AP) owed by Synaptris to Synaptris Decisions Private Limited, a company incorporated under the laws of India located at 2, Bishop Waller's Avenue (East), Mylapore, Chennai 600 004, Tamilnadu, India, ("Synaptris Decisions") as listed in Exhibit A from Synaptris to SD Holdings.

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