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Exhibit
A
TERMINATION AGREEMENT
THIS
TERMINATION AGREEMENT (the “ Termination Agreement
”) is entered into as of the 18 th day of December, 2008, by and among PCMT
Corporation, a Delaware corporation (the “ Company
”) Suspect Detection Systems Ltd., an Israeli corporation
(“ SDS ”) Shabtai Shoval, the Chief executive of
SDS (the " Principal "), and the shareholders of SDS that
are identified on Exhibit A annexed hereto, including the Principal
(each a " Seller " and collectively the " Sellers "),
(the Company, SDS, the Principal and the Sellers shall each be
referred to hereinafter as a “ Party ”, and
collectively as the “ Parties ”).
RECITALS :
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The Parties
have entered into a Stock Purchase Agreement, dated April 30, 2008,
(the " SPA "); and
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The Parties
desire to terminate the SPA, all upon the terms and subject to the
conditions set forth in this Termination Agreement.
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NOW,
THEREFORE , in
consideration of the premises and for good and valuable
consideration (the receipt and sufficiency of which are hereby
acknowledged), the Parties agree as follows:
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The SPA is
hereby terminated with immediate effect and shall have no further
force and effect.
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All demands,
claims or rights, that any Party has or may have against any other
Party and/
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