MEMORANDUM OF UNDERSTANDING AND SHAREHOLDER AGREEMENT DATED 18TH MAY 2006 PARTIES TO THE AGREEMENTNew Medium Enterprises Inc • March 8th, 2007 • Magnetic & optical recording media • Hong Kong
Company FiledMarch 8th, 2007 Industry JurisdictionSistech Corporation Limited, Room no.301,Kam On Building,176A Queen Road, Central, Hong Kong, hereinafter referred to as ‘Sistech’ and represented by the Directors, Pratibha Wadhwaney, Indian Passport Holder or her Power of Attorney Holder Manohar Wadhwaney and Ishwar Bhagwandas Somaya (Vinu) Indian Passport Holder.