PURCHASE AGREEMENT by and between SUPERCOM INC. and THE SHAREHOLDERS of SECURITY HOLDING CORP. Dated as of July 3, 2007Purchase Agreement • July 10th, 2007 • Homeland Security Capital CORP • Services-computer integrated systems design • New York
This Purchase Agreement is made as of July 3, 2007 by and between Homeland Security Capital Corporation (“HMSC”), a Delaware corporation, the majority shareholder of Security Holding Corp. (the “Company”), a Delaware corporation, the other Shareholders of the Company set forth on the signature pages hereto (the “Minority Shareholders” and collectively with HMSC, the “Sellers”) and SuperCom Inc., a Delaware corporation (the “Buyer”) and wholly owned subsidiary of Vuance Ltd., a company organized under the laws of Israel (“Buyer’s Parent”).
