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ASSIGNMENT AND INDEMNIFICATION AGREEMENT

Indemnification Agreement

ASSIGNMENT AND INDEMNIFICATION AGREEMENT | Document Parties: DCI USA, INC | Pearl Cohen Zedek Latzer LLP | TSSS, Inc You are currently viewing:
This Indemnification Agreement involves

DCI USA, INC | Pearl Cohen Zedek Latzer LLP | TSSS, Inc

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Title: ASSIGNMENT AND INDEMNIFICATION AGREEMENT
Date: 11/19/2007

ASSIGNMENT AND INDEMNIFICATION AGREEMENT, Parties: dci usa  inc , pearl cohen zedek latzer llp , tsss  inc
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ASSIGNMENT AND INDEMNIFICATION AGREEMENT

THIS ASSIGNMENT   AND INDEMNIFICATION AGREEMENT (this “ Agreement ”) is executed this 16 th day of November 2007, by and between TSSS, Inc., a Delaware corporation whose address for purposes of this Agreement is c/o Pearl Cohen Zedek Latzer LLP, 1500 Broadway, New York, NY 10036, (“Assignee”); and Jonathan Ilan Ofir, an Israeli Citizen whose address is 87 Tobin Ave, Great Neck, NY 11021 (“Assignor”).

RECITALS

WHEREAS, Assignor has made, executed and delivered a series of loans to DCI USA, Inc. (“DCI”) in the original aggregate principal amounts of $976,962.72 (the “Ofir Notes ); and

WHEREAS, Assignor desires to transfer, convey and assign to Assignee the Ofir Notes, and Assignee desires to accept such transfer, conveyance and assignment on the terms and provisions as contained in this Agreement;

NOW, THEREFORE, in consideration of the Assignor’s transfer, conveyance, and assignment of the Ofir Notes to Assignee, the receipt and s

 
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