The agreement resolves outstanding issues related to a Memorandum of Understanding (MOU) and a proposed Business Transfer Agreement (BTA) between Elite World S.A., Elite Model Management Amsterdam B.V., ModelMasters The Agency B.V., and Imad Izemrane. Elite agrees to pay €175,000 to MTA for acquired assets and mother agency fees, and all parties agree to a full and final settlement of disputes. The agreement is governed by the laws of The Netherlands.
documents/EFTA01121093.pdf
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