Document:

Dated 30
        November 2005

    

     

     

    
      THE
        SELLERS

      and

      MWS
        Sensorik GmbH

    

    
 

     

    
      SHARE
        PURCHASE AND TRANSFER AGREEMENT

    

     

     

    Notarisation
      required

     

     

    
      	
              Draft
                CMS 28 November 2005

               

              SUBJECT
                TO BUYER’S AND SELLERS'
                APPROVAL

            

    

     

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    SHARE
      PURCHASE AND TRANSFER AGREEMENT

    

    BETWEEN

    

    
      	1.	
              JOHANNES
                HERRNSDORF,
                Auf dem Schnee 104 c, 58313
                Herdecke

            

    

    

    referred
      to as the "Manager"

    

    
      	2.	
              DIRK
                ENDERLEIN, Gasstraße
                105, 45731 Waltrop

            

    

    

    
      	3.	
              DR.
                THOMAS W. KRITZLER, Herzog-Garibald-Straße
                17, 81545 München

            

    

    

    
      	4.	
              PETER
                SCHENUIT,
                Zur Höhe 41a, 58071 Hagen

            

    

    

    
      	5.	
              DR.
                JOACHIM SONNTAG,
                Arnoldstraße 28, 01307 Dresden

            

    

    

    the
      Manager and the Sellers 2 through 5 referred to collectively as the
“Management”

    

    
      	6.	
              EUROPEAN
                TECHNOLOGIES HOLDING B.V., a
                company organised in accordance with the laws of the
                Netherlands,
                whose
                registered office is
                located at Oranje Nassaulaan 26, NL-5211 AX's-Hertogenbosch, registered
                at
                Amsterdam under 37067026

            

    

    

    
      	7.	
              3i GROUP
                INVESTMENTS LP, a
                company organised in accordance with the laws of England and
                Wales,
                whose
                registered office is
                located at 91 Waterloo Road, London SE1 8XP, registered in
                England under LP06504

            

    

    

    
      	8.	
              NORDRHEIN-WESTFALEN
                FONDS GMBH, a
                company organised in accordance with the laws of Germany,
                whose
                registered office is
                located at Bockenheimer Landstraße 55, 60325 Frankfurt am Main,
                registered at the Commercial Register of the local court of
                Frankfurt/Main under HRB
                49911

            

    

    

    on
      the
      one hand,

    together
      referred to as the “Sellers”

    

    AND

    

    MWS
      SENSORIK GMBH, a
      company
      organised in accordance with the laws of Germany, whose registered office is
      located at Otto-Hahn-Str. 6, 85276 Pfaffenhofen a.d. Ilm, registered at the
      Commercial Register of the local court of Ingolstadt under HRB
      191024

    

    on
      the
      other hand,

    referred
      to as the “Buyer”

    

    AND

    

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    MEASUREMENT
      SPECIALTIES INC., a
      corporation registered under the laws of the State of New Jersey, USA, and
      whose
      registered office is located at 1000 Lucas Way, Hampton, VA 23666,
      USA

    

    referred
      to as the "Buyer's
      Guarantor"

    

    The
      Sellers, the Buyer and the Guarantor are referred to individually as a
“Party”
and
      collectively as the “Parties”.

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    Table
      of contents

    

    
      	
              Clause

            	
            	
              page

            
	 	 	 
	
              1

            	
              Definitions

            	
              5

            
	 	 	 
	
              2

            	
              Sale,
                Purchase and Transfer

            	
              9

            
	 	 	 
	
              3

            	
              Consideration
                for the Shares

            	
              10

            
	 	 	 
	
              4

            	
              Manager's
                Warranties

            	
              12

            
	 	 	 
	
              5

            	
              Liability
                under this Agreement

            	
              21

            
	 	 	 
	
              6

            	
              Buyer's
                Warranties

            	
              26

            
	 	 	 
	
              7

            	
              Taxes

            	
              26

            
	 	 	 
	
              8

            	
              Closing

            	
              28

            
	 	 	 
	
              9

            	
              Confidentiality

            	
              28

            
	 	 	 
	
              10

            	
              Substitution/Assignment

            	
              29

            
	 	 	 
	
              11

            	
              Applicable
                Law/Jurisdiction

            	
              30

            
	 	 	 
	
              12

            	
              Non-Competition/Non-solicitation

            	
              30

            
	 	 	 
	
              13

            	
              Buyer's
                Guarantor

            	
              31

            
	 	 	 
	
              14

            	
              Miscellaneous

            	
              31

            
	 	 	 
	
              15

            	
              Notices

            	
              32

            

    

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    INTRODUCTION

    

    
      	
              (A)

            	
              Following
                a unification resolution as of today, the Sellers own 8 Shares
                representing 100%
                of the issued share capital of HL Planartechnik GmbH, a German
                limited
                liability company
                incorporated under the laws of Germany, having its registered office
                at
                Hauert 13, 44227 Dortmund, with a share capital of DM 948,800.00,
                registered with the Commercial Register of the local court of Dortmund
                under HR B 8534 (the “Company”);

            

    

    

    
      	
              (B)

            	
              The
                Sellers wish to sell and the Buyer wishes to buy the Shares subject
                to and
                in accordance with the terms and conditions of this
                Agreement.

            

    

    

    
      	
              (C)

            	
              Buyer's
                Guarantor intends to guarantee the Buyer's obligations under this
                Agreement.

            

    

    

    NOW
      THEREFORE THE PARTIES HAVE AGREED AS FOLLOWS

    

    

    
      	
              1

            	
              Definitions

            

    

    

    
      	 	
              1.1

            	
              In
                addition to the terms elsewhere defined herein, the following expressions
                shall have the following meanings in this Agreement unless the context
                otherwise requires:

            

    

    

    “Accounts”
means
      the audited balance sheet, the profit and loss account and annexes of the
      Company for the year ending on the Balance Sheet Date (a copy of which is
      attached to this Agreement as Schedule
      1.1 (a));

    

    “Affiliate”
means
      any company which is an affiliated company in the meaning of Section 15 of
      the
      German Stock Corporation Act (Aktiengesetz)
      and for
      the purposes of this Agreement includes any person within the meaning of section
      15 of the German Fiscal Code (Abgabenordnung);
      

    

    “Agreement”
means
      this share purchase and transfer agreement;

    

    “Balance
      Sheet Date”
      means December
      31, 2004;

    

    “Business”
means
      the development, manufacturing and sale of sensors and sensor systems based
      on
      Micro Electro Mechanical System (MEMS) technology as carried out by the Company
      on the date of this Agreement;

    

    “Business
      Day”
means
      any day other than Saturday and Sunday
      upon which banks are open for business in Dortmund and New York;

    

    “Cash”
means
      the aggregate amount of any cash (Kassenbestand)
      and
      cash equivalents, including cheques, rental deposits, deposits with banks and
      other financial institutions, marketable securities and short term investments
      of the Company (in each case including accrued or unpaid interest
      thereon);

    

    “Closing”
means
      the closing of the purchase of the Shares in accordance with Clause 8;

    

    “Closing
      Accounts”
means
      the closing accounts as of the Closing Date drawn up in accordance with the
      German generally accepted accounting principles (HGB)
      immediately after the Closing Date, in any event not later than 10 Business
      Days
      after the Closing Date; 

    

    “Closing Date”
means
      the date on which the Closing shall take place in accordance with
      Clause 8;

    

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    "Closing
      Date Net Debt"
      means
      the Net Debt as of the Closing Date;

    

    “Closing
      Payment”
means
      the amount of € 2,521,533.61 (in words: Euro two million five hundred
      twenty-one thousand five hundred thirty-three and sixty-one cent);

    

    "Commercial
      Leases" means
      a
      lease relating to the Property that is used by the Company as
      tenant; 

    

    "Company”
has
      the
      meaning set out in the Introduction;

    

    "Debt"
      means
      the aggregate amount of any Interest Bearing Debt, Employee Liabilities,
      Past-due Accounts Payables; Past-due Rent, Past-due Consulting Fees;

    

    "De
      Minimis Amount"
      has the
      meaning given to that term in Clause 5.5
      (a);

    

    “Disclosure
      Schedule”
means
      the Schedule of information disclosed by the Sellers against the Warranties
      as
      attached to this Agreement as Schedule
      1.1 (b);
      

    

    "Earn-Out
      Due Date"
      means
      the date two years following the Closing Date;

    

    “Earn-Out
      Payment”
has
      the
      meaning given to that term in Clause 3.4;

    

    “Employee
      Liabilities”
      means
      100% of the accruals management bonuses and of the accruals 13, salary and
      bonus
      payments;

    

    “Entity”
means
      a
      corporate, partnership, limited liability company, limited liability partnership
      or any other form of legal association in any jurisdiction
      whatsoever;

    

    "Escrow
      Account"
      has the
      meaning given to that term in Clause 5.4;

    

    "Escrow
      Agreement"
      has the
      meaning given to that term in Clause 5.4;

    

    "Escrow
      Amount"
      has the
      meaning given to that term in Clause 5.4;

    

    “Financing
      Agreements”
has
      the
      meaning set forth in Clause 4.3.10
      (ii);

    

    "Important
      Agreements”
means
      (with the exclusion of insurance agreements and employment agreements or other
      agreements specifically disclosed in this Agreement) all agreements, contracts,
      group or series of contracts taken together, undertakings or arrangements
      (whether written or oral) into which the Company has entered and which fall
      within one of the following categories:

    

    
      	 	
              (a)

            	
              requiring
                yearly payments by or to the Company in excess of € 50,000;
                

            

    

    

    
      	 	
              (b)

            	
              entered
                into with a customer of the Company representing more than 10 per
                cent of
                the Company’s turnover ; 

            

    

    

    
      	 	
              (c)

            	
              entered
                into with a supplier of the Company representing the 10 most important
                suppliers based on the invoices for the period January 1, 2005 to
                October
                31, 2005; 

            

    

    

    
      	 	
              (d)

            	
              relating
                to profit-sharing or the payment of commissions, or which provide
                for a
                remuneration on the basis of profits or turnover for the year 2004
                and the
                year 2005, in either case in excess of € 5,000;
                

            

    

    

      
        	 	
                (e)

              	
                entered
                  into with any person whose obligations under such contracts are
                  to
                  bring business to the Company in consideration of the payment by
                  the
                  Company of fees in excess of € 5,000
                  or
                  the granting of a counterpart in another form to such person (or
                  to any
                  entity or individual connected therewith);

              

      

    

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

      
        	 	
                (f)

              	
                under
                  whose terms the Company
                  is
                  bound to refrain from carrying out or to restrict certain activities,
                  or
                  to refrain from competing; 

              

      

    

      
        	 	
                (g)

              	
                under
                  which the Company
                  has granted exclusive rights to any third party;
                  

              

      

    

    
      	 	
              (h)

            	
              relating
                to the holding and/or transfer of capital shares or interest in any
                Entity
                or the control or administration
                thereof;

            

    

    

    
      	 	
              (i)

            	
              which
                have an indefinite term or a definite term of more than two years
                with the
                exclusion of financial lease agreements for individual tangible assets,
                and agreements which the Company may at any time terminate in full
                with a
                period of notice of less than 3 (three) months and without any
                compensation or penalty being owed by the Company to the other party
                or
                any third party as a result of such termination;
                

            

    

    

    
      	 	
              (j)

            	
              which
                is or may be considered to be a commercial agency agreement (Handelsvertretervertrag);
                

            

    

    

    “Intellectual
      Property”
means
      all patents (and applications therefore), utility models (and applications
      therefore), trade and service marks, rights in designs and copyrights topography
      rights, rights in databases and Know How; 

    

    "Interest
      Bearing Debt"
      means
      the aggregate of long-term and short-term interest bearing debt to banks,
      financial or other institutions, including interest accrued
      thereon;

    

    "Interim
      Accounts"
      means
      the unaudited balance sheet and the profit and loss account as per October
      31,
      2005 (a copy of which is attached to this Agreement as Schedule
      1.1 (c));

    

    "Know
      How"
      means
      any non-patented practical information, resulting from experience and testing
      which is secret, substantial and identified, whereas (a) secret means that
      the
      information is not generally known or easily accessible, (b) substantial means
      that the information is important for the Business and (c) identified means
      that
      the information can be described in a sufficiently comprehensive manner so
      as to
      make it possible to verify that it fulfils the criteria of secrecy and
      substantiality;

    

    “Legal
      Requirement” means
      any
      applicable laws, common laws, statute, regulations, ordinance, rule, award,
      judgment, decision (including administrative practice), whether foreign or
      domestic and whether national, local, EC or worldwide;

    

    "Manager's
      Best Knowledge"
      means
      solely the actual knowledge (positive
      Kenntnis)
      and
      gross negligent lack of knowledge (grob
      fahrl’ssige Unkenntnis)
      of the
      Manager as of the date of this Agreement; the actual knowledge and gross
      negligent lack of knowledge of Hubertus von Janecek, Dirk Enderlein, Peter
      Schenuit, Dr. Joachim Sonntag, Axel Bartos, Ralf Gottfried and Silvia Weppler,
      shall be attributable to the Manager;

    

    "Manager's
      Knowledge"
      means
      solely the actual knowledge (positive
      Kenntnis)
      of the
      Manager as of the date of this Agreement; the actual knowledge of Hubertus
      von
      Janecek, Dirk Enderlein, Peter Schenuit, Dr. Joachim Sonntag, Axel Bartos,
      Ralf
      Gottfried and Silvia Weppler shall be attributable to the Manager;

    

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    "Net
      Debt"
      means
      the balance of Debt minus Cash;

    

    "Net
      Sales"
      means
      the sales of the Company within the meaning of Section 277 subs. 1 of the German
      Commercial Code (Handelsgesetzbuch,
      HGB),
      meaning sales net of returns; it being understood that sales between the Company
      and the Buyer and/or its subsidiaries shall be taken into account at an arm’s
      length basis;

    

    "Neutral
      Auditor"
      means
      Ernst & Young, Dortmund;

    

    "Past-due
      Accounts Payables"
      means
      all accounts payables trade over 28 days past due;

    

    "Past-due
      Rent"
      means
      all rents for the Property past due;

    

    "Past-due
      Consulting Fees"
      means
      all consulting fees of CfC Companies for Companies GmbH & Co. KG,
      Dortmund, past
      due;

    

    “Property"
      means
      the premises and land used by the Company;

    

    “Schedules”
means
      the schedules annexed as documents to this Agreement;

    

      "Security" means
        any
“Belastungen”,
        “Hypotheken”, “Grundschulden”, “Sicherungsabtretungen und -übereignungen”
“Garantien”, “Bürgschaften”, “Freistellungen”, “Pfandrechte”, Nießbrauchsrechte,
“Treuhandvereinbarungen”, “Zurückbehaltungsrechte und Aufrechnungsrechte”,
“Optionen”, “Vorkaufs- oder Vorerwerbsrechte” or
        any
        encumbrance, or
        their
        equivalent in any jurisdiction other than Germany;

    

    “Sellers’
      Joint Representative”
      means
      European Technologies Holding B.V. or any other person or entity on which the
      Sellers from time to time agree; 

    

    "Sellers’
      Nominated Joint Account" means account
      holder: CMS Hasche Sigle; bank:
      Deutsche Bank AG; branch: 100, account number: 0943308 04; bank code: 500 700
      10; IBAN: DE18500700100094330804; BIC: DEUTDEFFXXX;

    

    "Shareholder
      Loans"
      means
      any and all loans granted by the Sellers to the company (including interest
      accrued thereon), in particular, but not limited to 

    

    
      	 	
              (a)

            	
              the
                loans granted by the Seller 6 to the Company based on the loan agreements
                dated December 13, 1994; August 6, 1997; February 3, 1998; May 11,
                1998
                and April 16, 1999;

            

    

    

    
      	 	
              (b)

            	
              the
                loan granted by the Seller 3 to the Company based on the loan agreement
                dated February 14, 2002; and

            

    

    

    
      	 	
              (c)

            	
              the
                loans granted by the Manager to the Company based on the loan agreements
                dated December 13, 1994 and December 20,
                1996.

            

    

    

    “Shares”
means
      the shares in the Company which represent in the aggregate 100% of the entire
      issued share capital of the Company that are transferred by the Sellers to
      the
      Buyer pursuant to this Agreement;

    

    "Silent
      Partnerships"
      means
      the silent partnerships between the Company and
      Technologie-Beteiligungs-Gesellschaft mbh der Deutschen Ausgleichsbank under
      the
      participation agreements dated December 14, 1994/January 2, 1995 and
      January 14, 1997/January 24, 1997;

    

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    "Taxes"
      means
      all
      direct or indirect forms of taxation, duties, impositions, levies, withholding
      taxes, social security or other similar contributions and charges of whatsoever
      nature payable under applicable law imposed by any regional, national or other
      authority or body and all penalties, costs and interest relating
      thereto;

    

    "Tax
      Return" means
      any
      return, declaration, report, claim for refund, or information return or
      statement relating to Taxes, including any schedule or attachment thereto,
      and
      including any amendment thereof;

    

    "Threshold"
      has the
      meaning given to that term in Clause 5.5
      (b);

    

    “Warranties”
means
      the warranties contained in Clause 6
      and
“Warranty”
means
      any one of them.

    

    
      	 	
              1.2

            	
              Any
                reference to the laws of Germany shall be deemed, when it is to be
                interpreted in the context of a law or territory other than Germany,
                to
                include a reference to its equivalent in the relevant law or territory.
                

            

    

    

    
      	 	
              1.3

            	
              The
                schedules hereto (the “Schedules”)
                form part of this Agreement and shall have the same force and effect
                as if
                expressly set out in the body of this Agreement and any reference
                to this
                Agreement shall include the
                Schedules.

            

    

    

    
      	 	
              1.4

            	
              Where
                in this Agreement a German term is given in italics and/or in italics
                and
                brackets after an English term and if there is any inconsistency
                between
                the English and the German term, the meaning of the German term shall
                prevail notwithstanding any contrary provision in this
                Agreement.

            

    

    

    
      	
              2

            	
              Sale,
                Purchase and Transfer

            

    

    

    
      	 	
              2.1

            	
              Subject
                to the terms and conditions of this Agreement, each of the Sellers
                hereby
                sells to the Buyer the Shares set out opposite the Seller’s name in column
                2 of Schedule
                2.1.
                The Buyer hereby accepts the sale of such Shares. Irrespective of
                the
                amount of the Shares and irrespective of their nominal value the
                sale and
                transfer is understood to comprehend all existing shares in the
                Company.

            

    

    

    
      	 	
              2.2

            	
              Subject
                to the condition precedent of the full payment of the Closing Payment,
                the
                Sellers herewith assign to the Buyer the Shares sold pursuant to
                Clause
                2.1, and the Buyer accepts such assignment. Clause 2.1 above shall
                apply mutatis
                mutandis.

            

    

    

    
      	 	
              2.3

            	
              All
                non-distributed annual profits (profits carried forward and profits
                of
                current fiscal year) which are to be attributed to the Shares shall
                be due
                to the Buyer.

            

    

    

    
      	 	
              2.4

            	
              The
                Sellers waive all rights of pre-emption over the Shares to which
                they may
                be entitled under the Articles of Association (Satzung)
                of the Company or otherwise in relation to the sale and purchase
                of the
                Shares pursuant to this Agreement.

            

    

    

    
      	 	
              2.5

            	
              Each
                Seller hereby gives his consent to the sale and transfer of the Shares
                required under the Articles of Association and pursuant to Section
                1365
                (1) of the German Civil Code in relation to the sale and purchase
                of the
                Shares. 

            

    

    

    
      	 	
              2.6

            	
              The
                statement of consent of each spouse of the married Sellers to the
                sale and
                the transfer of the Shares in accordance with this Agreement pursuant
                to
                section 1365 (1) of the German Civil Code, a statement that the Seller
                5
                is not married and a statement of the Seller 3 that section 1365
                (1) of
                the German Civil Code does not apply to him with respect to this
                transaction is contained in Schedule
                2.6.
                

            

    

    

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

    
      	 	
              2.7

            	
              By
                written shareholders' resolution dated November 30, 2005, a copy
                of which
                is attached as Schedule
                2.7,
                the shareholders' meeting of the Company granted its unanimous consent
                to
                the sale and transfer of the Shares under this Agreement as required
                by
                the articles of association of the
                Company.

            

    

    

    
      	 	
              2.8

            	
              The
                Sellers may only act jointly under this Agreement through their Sellers’
                Joint Representative. This applies to all communication and negotiations
                under this agreement as well as to the exercise of all rights to
                be
                claimed or to be enforced against the Buyer.

            

    

    

    
      	
              3

            	
              Consideration
                for the Shares

            

    

    

    
      	 	
              3.1

            	
              In
                consideration for the sale of the Shares by the Sellers to the Buyer,
                the
                Buyer shall pay to the Sellers:

            

    

    

    
      	 	
              3.1.1

            	
              the
                Closing Payment, subject to adjustment in accordance with Clause
                3.2,
                which shall be satisfied in cash on the Closing Date and shall be
                paid to
                the Sellers’ Nominated Joint Account and the Escrow Account as set forth
                in Clause 8; and 

            

    

    

    
      	 	
              3.1.2

            	
              the
                Earn-Out Payment which shall be satisfied in cash, less any offsets
                for
                (i) any Warranty claims pursuant to Clause 4
                of
                this Agreement (except for the Tax and environmental Warranties in
                Clauses 4.3.8.2 and 4.3.16 of
                this Agreement) and (ii) any claims under Clause 7.1 of this Agreement,
                and shall be paid to the Sellers’ Nominated Joint Account on the Earn-Out
                Due Date.

            

    

    

    
      	 	
              3.2

            	
              As
                set forth in further detail in Schedule
                3.2, the
                Net Debt as per October 31, 2005 was € 3,478,466.39 (in words: Euro three
                million four hundred seventy-eight thousand four hundred sixty-six
                and
                thirty-nine cent ). If the Closing Accounts show that the Closing
                Date Net
                Debt (i) exceeds the Net Debt as per October 2005 by more than € 75,000 or
                (ii) falls short of the Net Debt as per October 2005 by more than
€
                75,000, then (i) the Sellers shall - from the Sellers’ Nominated Joint
                Account - repay to the Buyer or (ii) the Buyer shall additionally
                pay to
                the Sellers' Nominated Joint Account a
                sum equal to the amount of such balance between the Net Debt as per
                October 31, 2005 and the Closing Date Net Debt in cash within ten
                Business
                Days of the determination of the Closing Accounts (without any deduction
                or set-off whatsoever), in each case without interest; it being understood
                that Clause 3.7 of this Agreement shall remain unaffected.
                

            

    

    

    
      	 	
              3.3

            	
              If
                the Sellers and the Buyer cannot agree on the Closing Date Net Debt
                within
                4 weeks of the Closing Date, the Sellers and the Buyer shall be entitled
                to refer such dispute for decision to the Neutral Auditor which shall
                determine the Closing Date Net Debt if and to the extent that positions
                are in dispute between the Sellers and the Buyer. The Neutral Auditor
                shall determine the Closing Date Net Debt in accordance with German
                generally accepted accounting principles (HGB)
                and the generally accepted bookkeeping and accounting principles
                in
                Germany, applied on a basis consistent with that of prior years by
                the
                Company, in particular with the bookkeeping and accounting principles
                underlying the calculation in Schedule 3.2. In respect of the issues
                in
                dispute, the decision of the Neutral Auditor shall fall between the
                positions taken by the Parties. The Neutral Auditor shall decide
                as expert
                (Schiedsgutachter)
                on the issues in dispute. Each Party shall give the other Parties
                and the
                Neutral Auditor full access to information required for the decision
                of
                the Neutral Auditor. The Neutral Auditor shall immediately submit
                copies
                of all documents and other data made available by a Party to the
                other
                Parties. Before deciding on the issues put to it by the Parties,
                the
                Neutral Auditor shall grant the Parties the opportunity to represent
                their
                respective positions, which shall - upon request of any Party - include
                the opportunity of at least one oral hearing in Dortmund in the presence
                of all Parties and their professional advisers. The Parties shall
                instruct
                the Neutral Auditor to use its best efforts to deliver its written
                opinion
                with reasons for the decisions as soon as reasonably practical, but
                not
                later than within 6 weeks of the issues in dispute having been referred
                to
                the Neutral Auditor. The costs and expenses incurred by the Neutral
                Auditor shall be borne by the Sellers and the Buyer pro rata to the
                amounts by which the balance of the Closing Date Net Debt as last
                asserted
                by the Sellers and the Buyer in writing prior to the referral of
                the
                dispute to the Neutral Auditor deviate from the balance of the Closing
                Date Net Debt as determined by the Neutral Auditor. The Closing Date
                Net
                Debt as determined by the Neutral Auditor shall - except for manifest
                error or intentional fault - be final and binding upon the Parties
                and
                thus not subject to any appeal. Any amount not nominated in Euros
                shall be
                converted to Euros at the exchange rate in effect one Business Day
                before
                the Closing Date, using the rate quoted on the Reuters Screen Page
                at
                11.30 a.m. Frankfurt/Main.

            

    

    

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

    
      	 	
              3.4

            	
              The
                Earn-Out Payment shall not exceed €3,000,000 (in words: three million
                Euros) and shall be calculated as
                follows:

            

    

    

    The
      Earn-Out Payment shall be based on the Net Sales for the 12 months ending
      December 31, 2006. An amount of €3,000,000 shall be earned for Net Sales equal
      to or greater than €15 million. The Earn-Out Payment shall begin to accrue at
€11.5 million of Net Sales and increase on a pro rata basis to 100% at €15
      million of Net Sales. No Earn-Out Payment is due if the Net Sales are less
      than
€11.5 million. An excel-sheet setting forth calculation examples of the Earn-Out
      Payment on the basis of the Net Sales is attached as Schedule
      3.4.

    

    If
      the
      Sellers and the Buyer cannot agree on the Earn-Out Payment within 4 weeks of
      the
      Earn-Out Due Date, Clause 3.3 shall apply mutatis
      mutandis.

    

    
      	 	
              3.5

            	
              Unless
                otherwise provided for in this Agreement, any cash payment is to
                be made
                by telegraphic transfer to the Sellers’ Nominated Joint Account, which
                shall constitute a full and valid discharge to the Buyer for such
                cash
                payment and the Buyer shall not be concerned with the allocation
                of any
                such payment between all or any of the
                Sellers.

            

    

    

    
      	 	
              3.6

            	
              All
                payments owed by the Buyer to the Sellers under this Agreement shall
                be
                made in Euros by irrevocable wire transfer free of costs and charges
                in
                immediately available funds to the Sellers’ Nominated Joint
                Account.

            

    

    

    
      	 	
              3.7

            	
              Except
                as provided otherwise in this Agreement, any Party owes interest
                (Verzugszinsen)
                on any amounts becoming due and payable to any other Party under
                this
                Agreement as from and including the respective due date, to, but
                not
                including, the day of receipt at the rate of 500 basis
                points over the three months EURIBOR. Interest payable under any
                provision
                of this Agreement shall be calculated on the basis of actual days
                elapsed
                divided by 360.

            

    

    

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

    
      	
              4

            	
              Manager's
                Warranties

            

    

    

    The
      Manager warrants (garantiert)
      to the
      Buyer by way of an independent warranty (selbst’ndiges
      Garantieversprechen)
      under
      Section 311 subs. 1 of the German Civil Code (Bürgerliches
      Gesetzbuch; BGB)
      within
      the scope and subject to the requirements and limitations provided in
      Clauses 4
      and
5
      hereof
      or otherwise in this Agreement that the following Warranties are true and
      accurate in all respects on the date of this Agreement.

    

    
      	 	
              4.1

            	
              Information

            

    

    

    To
      the
      Manager’s Best Knowledge, there is no material inaccuracy or material omission
      in any information provided to or disclosed to the Buyer during the course
      of
      the due diligence investigation of the Company conducted by the Buyer and its
      advisers prior to the date of this Agreement. For the avoidance of doubt, this
      Warranty shall not apply to any information provided to the Buyer and/or the
      Guarantor prior to the due diligence exercise, in particular during the ordinary
      business relationship;

    

    
      	 	
              4.2

            	
              Warranties
                in relation to the Sellers

            

    

    

    
      	 	
              4.2.1

            	
              The
                Sellers have the legal right and full power and authority to enter
                into
                and perform this Agreement; this Agreement will constitute a valid
                and
                binding obligation of the Sellers.

            

    

    

    
      	 	
              4.2.2

            	
              The
                execution and delivery of and the performance by the Sellers of their
                obligations under this Agreement will not (i) result in a breach
                of any
                provision of the constitutional documents of the Sellers 6 through 8
                or (ii) result in a breach of any order, judgement or decree of any
                court,
                governmental agency or regulatory body to which one of the Sellers
                is a
                party or by which one of the Sellers is
                bound.

            

    

    

    
      	 	
              4.3

            	
              Warranties
                in relation to the Company

            

    

    

    
      	 	
              4.3.1

            	
              Warranty
                in relation to the constitution and existence of the
                Company

            

    

    

    The
      copy
      of the Articles of Association (Satzung)
      of the
      Company delivered by the Sellers to the Buyer and attached in the Disclosure
      Schedule is true, complete and accurate.

    

    The
      Company is incorporated and registered in accordance with the laws of Germany
      and is duly organised and validly existing under such laws.

    

    The
      Commercial Register extract attached in the Disclosure Schedule contain true
      and
      accurate information and are up-to-date. No shareholders’ resolution amending
      the articles of association has since been passed or filed with the Commercial
      Register.

    

    
      	 	
              4.3.2

            	
              Warranties
                in relation to the Financial
                Situation

            

    

    

    Neither
      the Company nor its managing directors are obliged to file a petition for
      insolvency under German law, nor has the Company filed a petition for
      insolvency. To the Manager’s Best Knowledge, neither have any insolvency
      proceedings been applied for by a third party or been ordered by a court nor
      have such proceedings been denied due to lack of assets. 

    

    
      
         

      

      
        12

        
          

        

      

      
         

      

    

    
      	 	
              4.3.3

            	
              Warranties
                relating to the Shares

            

    

    

    The
      Shares are held as set forth in Schedule
      2.1.
      The
      Shares have been duly issued and fully paid up. All contributions have been
      made
      in compliance with applicable law and have not been repaid or returned, in
      whole
      or in part, whether open or disguised, directly or indirectly. There are no
      obligations to make further contributions (keine
      Nachschusspflichten).
      No
      hidden contributions in kind (verdeckte
      Sacheinlagen)
      have
      been made in respect of the Shares. The Shares may be freely transferred by
      the
      respective Seller and are the only shares issued. The Shares are free of any
      Security and of any third party rights. 

    

    No
      Seller
      is party to any contract or undertaking regarding the issue or the allocation
      of
      the Shares or granting to any person the right to purchase or to pre-empt all
      or
      part of the Shares. The Company has not issued, nor is bound to issue,
      securities giving rights, at any moment or on a given date, whether by
      conversion, exchange, repayment or by any other method, to the allocation of
      the
      Shares which are or which will be issued for this purpose.

    

    The
      Sellers are the sole and full holders of the Shares. No person has made any
      claims to the Shares or with regard to any Security in relation to the Shares.
      No Shares of the Company are legally or beneficially owned by any person other
      than the Sellers.

    

    The
      Company is not or has not agreed to become a holder of any class of share or
      other capital of any Entity and the Company.

    

    No
      violation of Sections 30, 31 of the German Limited Liability Companies Act
      (Gesetz
      betreffend die Gesellschaften mit beschr’nkter Haftung;
      GmbH-Gesetz)
      has
      occurred in respect of the Shares.

    

    
      	 	
              4.3.4

            	
              Warranties
                relating to the Shareholder Loans and Silent
                Partnerships

            

    

    

    The
      Company is not party to any shareholder loans or silent partnership agreements
      and there exist no claims, neither current nor future, against the Company
      arising from past shareholder loans or silent partnership
      agreements.

    

    
      	 	
              4.3.5

            	
              Warranty
                relating to the activities of the
                Company

            

    

    

    The
      Company holds all material public permits, licences, authorisations,
      certificates and consents necessary for the Company to carry out the
      Business.

    

    The
      Company has carried out and is carrying on the Business materially in
      accordance
      with all applicable statutory requirements.

    

    Save
      as
      disclosed in the Disclosure Schedule, the Company is not under an obligation
      to
      any third party to refrain from competing with a third party or from engaging
      in
      any other activity.

    

    
      
         

      

      
        13

        
          

        

      

      
         

      

    

    
      	 	
              4.3.6

            	
              Warranties
                relating to the Accounts of the
                Company

            

    

    

    As
      further detailed in the Disclosure Schedule, the Accounts have been drawn up
      in
      accordance with the German generally accepted accounting principles
      (HGB).
      The
      Accounts give a true and fair view of the assets and liabilities, the financial
      situation and the results of the Company for the period referenced therein.
      

    

    Save
      as
      disclosed in the Disclosure Schedule, the Accounts have been drawn up using
      the
      same principles and methods as those used during the last three financial
      years. Unless
      otherwise set forth in the Disclosure Schedule, the financial position and
      results shown by the Accounts have not to any material extent been affected
      by
      any non recurrent, extraordinary or exceptional items or by inconsistencies
      of
      accounting practice or by any other fact rendering such financial position
      and
      results unusual or misleading in any material respect.

    

    To
      the
      Manager’s Best Knowledge, there are no liabilities or obligations, whether
      accrued or contingent (Haftungsverh’ltnisse)
      except
      (i) as disclosed in the Accounts (ii) incurred since the Balance Sheet Date
      in
      the ordinary course of business consistent with past practice or (iii)
      contractual liabilities incurred in the ordinary course of business, which
      are
      not required to be recorded on a balance sheet according to German generally
      accepted accounting principles (HGB).
      

    

    To
      the
      Manager’s Best Knowledge, proper and sufficient provisions have been made.

    

    
      	 	
              4.3.7

            	
              Warranties
                relating to the Interim
                Accounts

            

    

    

    The
      Warranties relating to the Accounts shall apply mutatis
      mutandis
      to the
      Interim Accounts.

    

    
      	 	
              4.3.8

            	
              Assets
                of the Company

            

    

    

    The
      assets included in the Accounts, save for those disposed of since the Balance
      Sheet Date in the ordinary course of business, are legally and beneficially
      owned by the Company and, other than disclosed in the Disclosure Schedule,
      free
      from any Security, save as (i) disclosed in the Accounts, (ii) retention of
      title rights, liens, pledges or other security rights in favour of suppliers,
      mechanics, workmen, carriers and the like, (iii) security rights granted to
      banks and other financial institutions over cash and other assets deposited
      with
      such banks or financial institutions and (iv) encumbrances or rights of third
      parties created under applicable law, including pledges and other security
      rights in favour of Tax authorities or other governmental entities.

    

    
      	
            	4.3.8.1	
              Properties
                of the Company

            

    

    

    The
      Company does not own any real property. There is no real property used by the
      Company, save for the property which is identified in the Disclosure Schedule
      (together the “Property”).

    

    The
      Company is tenant of the Property pursuant to Commercial Leases which are listed
      in the Disclosure Schedule. The Disclosure Schedule contains a true and complete
      list of all lease agreements pertaining to the Property.

    

    
      
         

      

      
        14

        
          

        

      

      
         

      

    

    No
      notice
      to quit in respect of the Commercial Leases has been served on or by the
      Company.

    

    The
      Company has not sub-let or granted any other right of occupation over all or
      part of the Property over which it has the Commercial Leases.

    

    
      	
            	4.3.8.2	
              Warranties
                in relation to Environment and
                Permits

            

    

    

    To
      the
      Manager’s Best Knowledge, the Company is in compliance with the applicable
      material environmental legislation and with the applicable material
      environmental provisions of German law. Unless otherwise set forth in the
      Disclosure Schedule, to the Manager’s Best Knowledge, there exists no
      environmental inspection, audit, study, review, test or analysis relating to
      the
      Property.

    

    To
      the
      Manager’s Knowledge, the Property is not subject to any material
      contamination.

    

    
      	
            	4.3.8.3	
              Intellectual
                Property

            

    

    

      Details
        (description and, if applicable, numbers and dates of filing, registration
        and
        renewal) relating to the patents and trademarks included in the Intellectual
        Property that are registered or for
        which
        registration is pending, and owned by the Company are shown in the Disclosure
        Schedule.

    

    
      	
            	(i)	
              Ownership
                etc. 

            

    

    

    Unless
      otherwise set forth in the Disclosure Schedule, to the Manager’s Best Knowledge,
      all Intellectual Property (whether registered or not) and all pending
      applications therefore which have been or are being used by the Company in
      the
      Business are (a) owned by the Company or lawfully used with the consent of
      the
      owner; (b) not being infringed or challenged by any third party; and (c) if
      owned by the Company, not subject to any Security or any licence in favour
      of a
      third party. The Company has (i) paid all renewal fees that are due in respect
      of such Intellectual Property that is registered by the Company or the subject
      of applications for registration by the Company; (ii) taken all commercially
      reasonable steps to maintain and protect such Intellectual Property; and (iii)
      not received notice of any claim in relation to such Intellectual
      Property.

    

      
        	 	
                (ii)

              	
                Processes

              

      

    

    To
      the
      Manager’s Best Knowledge, the processes (Fertigungsprozesse)
      currently used by the Company are not using, embodying or infringing any rights
      of third parties in Intellectual Property (other than those belonging to or
      licensed to the Company and no claims of infringement of any such rights have
      been made by any third party.

    

    
      
         

      

      
        15

        
          

        

      

      
         

      

    

    
      	 	
              (iii)

            	
              Licences

            

    

    

    The
      Disclosure Schedule contains a true and complete list of all licence agreements
      entered into by the Company with respect to the Intellectual Property. No notice
      having been received on either side to terminate them. No disputes have arisen,
      nor has the Company received a notification or complaint from a third party
      in
      relation to such licences.

    

    
      	 	
              (iv)

            	
              Know-How

            

    

    

    Save
      for
      those set forth in the Disclosure Schedule, the Company has not made any
      disclosure of the Company’s Know-How to any person other than the Buyer, the
      Sellers, the Company’s employees or other than in the ordinary course of the
      Business subject to standard non-disclosure arrangements.

    

    
      	
            	4.3.8.3	
              Patents

            

    

    

      Unless
        otherwise set forth in the Disclosure Schedule, to the Manager’s Best Knowledge,
        there are no patentable inventions owned by employees or shareholders or
        former
        shareholders of the Company (whether registered or not) used in the
        Business.

    

    
      	
            	4.3.8.4	
              Sufficiency
                of Intellectual Property

            

    

    

    The
      Intellectual Property shown in the Disclosure Schedule, together with the
      Company’ s Know-How, together with the Intellectual Property with respect to
      which a licence was granted to the Company comprises all material rights used
      in
      the carrying on of the Business.

    

    
      	 	
              4.3.9

            	
              Shareholdings
                and branches

            

    

    

      The
        Company (i) does not hold shares in any other company, partnership or other
        entity or business, German or foreign, nor is
        it
        member
        of such
        entities (including joint ventures) (ii) unless otherwise set forth in the
        Disclosure Schedule, does not have a branch office, representative office
        or
        permanent establishment outside its
        jurisdiction of incorporation; and (iii) has except as set forth in the
        Disclosure Schedule not entered
        into any agreement or negotiation with a view to the acquisition of other
        shareholdings in other companies or entities, or with a view to setting up
        companies or new entities as
        to
        which enforceable rights remain against the Company.

    

    
      	 	
              4.3.10

            	
              Subsidies,
                Financing Agreements and Shareholders'
                Claims

            

    

    

    
      	 	
              (i)

            	
              Subsidies,
                support

            

    

    

    Except
      as
      set forth in the Disclosure Schedule, the sale of the Shares will not require
      the Company to repay any support, subsidy or financial assistance provided
      by
      any governmental organization. The Company has at all times fulfilled the
      requirements for the subsidies received. 

    

    
      
         

      

      
        16

        
          

        

      

      
         

      

    

    
      	 	
              (ii)

            	
              Financing
                Agreements

            

    

    

    All
      loan
      agreements, leasing agreements, overdrafts and other banking facilities entered
      into by the Company, and currently in force, as well as any loan or advance
      granted to the Company’s employees, directors, or indirect shareholders)
      (collectively, the “Financing
      Agreements”)
      are
      listed in the Disclosure Schedule. Such list is true, accurate and complete.
      Except as set forth in the Disclosure Schedule, the Company has no Financing
      Agreements with the Sellers which are currently in force.

    

    
      	
            	(iii)	
              Shareholders’
                Claims 

            

    

    

    Save
      as
      described in the Disclosure Schedule in relation to service agreements, the
      Sellers
      do not
      have and will not have any claim or contractual right against the Company
      resulting from its relations with the Company up to the date of this
      Agreement.

    

    
      	 	
              4.3.11

            	
              Contracts,
                agreements and arrangements of the
                Company

            

    

    

    The
      Disclosure Schedule
      lists
      all Important Agreements.
      Such
      list is true, accurate and complete. Save as disclosed in the Disclosure
      Schedule, to the Manager’s Best Knowledge, none of the Important Agreements
      violates any material legal or regulatory provisions, or any judicial or
      administrative decisions.

    

    
      	 	
              (i)

            	
              Arrangements
                with connected persons

            

    

    

    Save
      for
      those set forth in the Disclosure Schedule, no agreements, arrangements or
      commitments of any kind exist between the Company and any of the Sellers, its
      directors, managers or shareholders and any of their Affiliates including,
      but
      not limited to, agreements, arrangements or commitments under which the Company
      is required to pay royalties, service fees or any other payments of any
      kind.

    

    
      	 	
              (ii)

            	
              Warranties
                relating to Insurance

            

    

    

    The
      Disclosure Schedule
      lists
      all material insurance policies that are taken out by the Company in connection
      with the Business. Such list is true, accurate and complete. To the Manager’s
      Best Knowledge, the activities of the Company are insured against losses and
      other risks in amounts and scope of cover which are commercially reasonable
      and
      customary in Germany for companies carrying on similar businesses or owning
      and
      using assets of an equivalent nature; all premiums relating to such insurances
      have been paid on their due date. The Company has
      not
      received notice of cancellation of any such insurance policy. To the Manager’s
      Knowledge, no cancellation is likely to take place.

    

    The
      Disclosure Schedule lists all claims in excess of €15,000 (in words: Euro
      fifteen thousand)
      made
      by
      the Company under any insurance policy during the last three years prior to
      the
      date of this Agreement. The Disclosure Schedule also contains specifications
      in
      respect of each such claim including the extent to which it has been accepted
      by
      the insurance company. To the Manager’s Knowledge, no circumstances exist which
      are likely to give rise to a claim, involving a sum exceeding
€15,000 (in
      words: Euro fifteen thousand)
      under
      such insurance policies.

    

    
      
         

      

      
        17

        
          

        

      

      
         

      

    

    
      	 	
              4.3.12

            	
              Warranties
                relating to employees
                of the Company

            

    

    

    Except
      as
      set forth in the Disclosure Schedule, no amount is due to any current or
      previous employee of the Company, under the terms of his or her employment
      agreement, other than remuneration rights due but not yet payable, reimbursement
      of business expenses, or debts recorded in the Accounts. Except as set forth
      in
      the Disclosure Schedule, the Company has duly paid all social security
      contributions for its employees.

    

    Except
      for those disclosed in the Disclosure Schedule, the Company is not party to
      any
      contracts with free-lancers and there are no obligations which arise from former
      relationships with the Company’s free-lancers.

    

    There
      exist no collective agreements which apply to the Company or its employees.
      The
      Company is not a party to works agreements, member of an employers’ association
      and no contract of employment is subject to a collective bargaining
      agreement.

    

    The
      Disclosure Schedule contains
      a list of all employees of the Company (as per the date of this Agreement),
      including the position, the age, sex, working hours, vacation, term of the
      employment, notice periods, probation period, the salary and bonus, non-compete
      provision. All such information is true, accurate and complete as of the date
      of
      this Agreement.

    

    There
      has
      been no notice of termination given to any such employee.
      Except
      as disclosed in the Disclosure Schedule, no such employee has given written
      notification to the Company of the intention to terminate his contract, nor
      has
      given formal notice to leave or is under notice of dismissal. 

    

    The
      employment contracts of the employees who are according to the list of all
      employees subject to a non-compete provision contain a restriction on employment
      with competitors. 

    

    The
      employment contracts of the employees who are according to the list of all
      employees subject to a confidentiality provision contain a confidentiality
      provision.

    

    Except
      as
      disclosed in the Disclosure Schedule, the Company is not involved in any dispute
      with a present or former salaried employee, works council or other employee
      representative boards of the Company or trade unions, or in negotiation
      regarding the dismissal, suspension, disciplining or variation of the terms
      and
      conditions of employment of any present or former salaried
      employee.

    

    
      
         

      

      
        18

        
          

        

      

      
         

      

    

    
      	 	
              4.3.13

            	
              Pensions

            

    

    

    Except
      as
      disclosed in the Disclosure Schedule, the Company is not party to any pension
      and death benefit schemes.

    

    
      	 	
              4.3.14

            	
              Warranties
                in relation to litigation

            

    

    

    
      	 	
              (i)

            	
              Litigation

            

    

    

    Save
      as
      disclosed in the Disclosure Schedule, the Company is not engaged in any
      litigation, action or arbitration
      proceedings or any dispute (including investigations or public enquiries) and
      has not been served with any notice making it a party to a litigation, action,
      arbitration or other legal proceedings with the exception of debt collection
      by
      the Company in the ordinary course of business and no litigation, arbitration
      or
      other legal proceedings are threatened in writing or pending either by or
      against the Company, and to the Manager’s Knowledge, there are no facts which
      might give rights to any such proceeding.

    

    
      	 	
              (ii)

            	
              Investigations

            

    

    

    To
      the
      Manager’s Knowledge, the Company is not the subject of any unusual
      investigation, inspection, inquiry, control or other procedure by any
      governmental authority regarding its operations and activities.

    

    
      	 	
              4.3.15

            	
              Compliance
                with laws

            

    

    

    To
      the
      Manager’s Best Knowledge, the Company is in compliance with applicable laws,
      regulations and practices in Germany and abroad.

    

    
      	 	
              4.3.16

            	
              Taxes

            

    

    

    Except
      as
      otherwise disclosed in the
      Disclosure Schedule:

    

      
        	 	
                (i)

              	
                Except
                  as set forth in the Disclosure Schedule, the Company
                  has
                  duly and timely filed all Tax Returns required to be filed in accordance
                  with applicable law and the Tax Returns correctly include all required
                  information;

              

      

    

    
      	 	
              (ii)

            	
              to
                the Manager's Best Knowledge, the Company
                is currently not subject to any audit, examination, or similar proceedings
                by any Tax authority;

            

    

    

    
      	 	
              (iii)

            	
              the
                books and other records of the Company relating to Taxes have been
                properly maintained and are in all material respects
                correct.

            

    

    

    
      	 	
              (iv)

            	
              all
                Taxes to be paid or withheld and remitted by the Company have been
                duly
                paid or withheld and remitted to the appropriate tax
                authority;

            

    

    

    
      	 	
              (v)

            	
              the
                Company has not received any written Tax ruling or entered into or
                is
                currently under negotiations to enter into any agreement with any
                Tax
                authority;

            

    

    

    
      
         

      

      
        19

        
          

        

      

      
         

      

    

    
      	 	
              (vi)

            	
              the
                tax losses carried forward (Verlustvortr’ge)
                of the Company as determined in the assessment as of December 31,
                2003 of the tax office Dortmund-West dated January 6, 2005 (tax
                losses carried forward with respect to corporate tax) and in the
                assessment as of December 31, 2003 of the tax office Dortmund-West
                dated
                March 16, 2005 (tax losses carried forward with respect to trade tax)
                are in existence. The respective assessments are attached in the
                Disclosure Schedule. Such tax losses carried forward are not subject
                to
                any challenge by the Tax authorities and, to the Manager's Best Knowledge,
                there are no circumstances that would justify such challenge. To
                the
                Manager’s Best Knowledge, neither the Seller nor the Company have taken
                any action which affect or might affect such tax losses carried forward.
                The business unit (Gesch’ftsbetrieb)
                of the Company that caused such tax loss carried forward has been
                maintained in a way necessary to maintain the tax losses carried
                forward.
                The Buyer shall not be entitled to bring any claims under this Agreement
                based on the fact that the tax losses carried forward are lost due
                to the
                transaction contemplated by this Agreement, in particular due to
                Section 8 subs. 4 German Corporate Tax Act (Körperschaftsteuergesetz).
                The Buyer is aware of the fact that the tax returns pertaining to
                the
                business year 2004 have not yet been
                filed.

            

    

    

    
      	 	
              4.3.17

            	
              Management
                of the Company since Balance Sheet
                Date

            

    

    

      Save
        as
        disclosed in the Disclosure Schedule, from the Balance Sheet Date to the
        date of
        this Agreement, the Company
        has
        been
        managed in the ordinary course of business.

    

    In
      particular, except as disclosed in the Disclosure Schedule or agreed between
      the
      Parties, since the Balance Sheet Date there has been: 

    

      
        	 	
                (a)

              	
                no
                  change of principle, method or presentation in the accounts of
                  the
                  Company;

              

      

    

    
      	 	
              (b)

            	
              no
                termination of an Important Agreement made or received by the
                Company;

            

    

    

    
      	 	
              (c)

            	
              used
                best efforts to preserve the Business, including the services of
                employees, the relationship with customers, suppliers, lenders and
                other
                entities important to the Business and there has been no alteration
                of the
                commercial policy of the Company.

            

    

    

    
      	 	
              (d)

            	
              no
                new services agreement, management agreement, consulting agreement
                or
                sub-contracting agreement, and no substantial amendments to or no
                termination of such agreements; 

            

    

    

    
      	 	
              (e)

            	
              no
                decision to distribute or to pay dividends and no distribution relating
                to
                the capital of the Company;

            

    

    

    
      	 	
              (f)

            	
              no
                decision to invest or participate in another business or
                Entity.

            

    

    

    
      
         

      

      
        20

        
          

        

      

      
         

      

    

    
      	 	
              4.3.18

            	
              Warranties
                in relation to the consulting fees relating to the conclusion of
                this
                Agreement

            

    

    

    The
      consulting fees of CMS Hasche Sigle resulting from the conclusion of this
      Agreement are exclusively borne by the Sellers and not by the
      Company.

    

    For
      the
      avoidance of doubt, the Warranties shall not be construed as a Manager's
      guarantee (Garantie
      für die Beschaffenheit der Sache)
      within
      the meaning of Sections 443 and 444 of the German Civil Code (Bürgerliches
      Gesetzbuch, BGB).

    

    
      	
              5

            	
              Liability
                under this Agreement

            

    

    

    
      	 	
              5.1

            	
              Notified
                Claim

            

    

    

    
      	 	
              5.1.1

            	
              The
                Buyer shall provide written notice to the Sellers' Joint Representative
                of
                any event that gives rise or could give rise to a claim under the
                Warranties, which notice shall specify the grounds on which the claim
                is
                based and shall demand that the Manager, within a reasonable period
                which
                must be at least 4 weeks but shall not exceed 12 weeks upon receipt
                of the
                notice, bring about the state of affairs which would have existed
                if the
                Warranty or the Warranties had been true (a “Notified
                Claim”),
                within 20 Business Days from the date on which such event has been
                brought
                to the knowledge of the Buyer or the
                Company.

            

    

    

    Should
      the Buyer fail to comply with the above notification periods, any liability
      of
      the Manager in respect of the Warranty claim shall not be extinguished but
      shall
      be reduced to the extent, if any, that it is increased as a result of the
      relevant notice being provided after that time.

    

    The
      Buyer
      undertakes, and shall cause the Company, to ensure that the Sellers' Joint
      Representative is permitted to consult freely all relevant information or
      documents held by the Buyer and/or the Company in relation to a Notified Claim
      and which is reasonably necessary to ensure an understanding of the conditions
      and circumstances of the Notified Claim, provided, however, that (i) such
      investigations are conducted during the business hours of the Company, as the
      case may be, (ii) are conducted in such a way as shall not disturb the normal
      running of the business of the Buyer and/or the Company, or inhibit the normal
      activities of the Company, and (iii) a first notice of 5 days has been delivered
      by the Sellers' Joint Representative to the Buyer and/or the Company, as the
      case may be. The Sellers undertake to keep confidential all information and
      documents which they may receive or consult in connection thereto.

    

    
      	 	
              5.1.2

            	
              If
                the Sellers' Joint Representative decides to contest the merits of
                a
                Notified Claim, the Sellers' Joint Representative will notify the
                Buyer in
                writing of its reasons for doing so within 30 Business Days of receiving
                the Notified Claim. The Sellers' Joint Representative will be deemed
                to
                have accepted the Notified Claim, if it does not respond to the Notified
                Claim within this time limit.

            

    

    

    If
      the
      Sellers' Joint Representative has notified the Buyer within the time limit
      of
      its reasons for contesting the Notified Claim, the Sellers' Joint Representative
      and the Buyer shall meet each other in Dortmund within 15 Business Days
      following the response of the Sellers' Joint Representative. In the absence
      of
      an agreement with the Buyer within 30 Business Days following the date of this
      meeting, or in the absence of this meeting, the Sellers' Joint Representative
      shall be deemed to have rejected the Notified Claim. 

    

    
      
         

      

      
        21

        
          

        

      

      
         

      

    

    
      	 	
              5.1.3

            	
              In
                the event of a claim, audit notice, summons, or of any litigation
                matter
                which has or which could give rise to a Notified Claim under this
                Agreement, the Buyer shall (and shall cause the Company to) conduct
                such
                proceedings in good faith, in particular the Buyer shall allow the
                Sellers' Joint Representative and its representatives to inspect
                the
                respective documents and make their observations on the conduct of
                the
                proceedings; the Buyer will ensure that these observations are taken
                into
                account by the Company in as far as such observations are reasonable.
                

            

    

    

    No
      settlement agreement or acknowledgement relating to a claim, audit notice,
      summons and, more generally any litigation, capable of giving rise or having
      given rise to a Notified Claim shall be made or concluded without the prior
      agreement of the Sellers' Joint Representative. The Sellers' Joint
      Representative shall have 20 Business Days from the date of any notification
      by
      the Buyer relating to the action or the settlement or the acknowledgement
      envisaged to reject the settlement agreement or acknowledgement. Once this
      time
      limit has expired, the Buyer and the Company will be able to follow up the
      action or settlement as they consider appropriate.

    

    The
      Manager shall not be liable to the extent the damage is caused by Buyer's
      failure to comply with its obligation pursuant to this
      Clause 5.1.3.

    

    
      	 	
              5.2

            	
              If
                and to the extent that the Manager does not restore the warranted
                state of
                affairs within a reasonable period after receipt of the Notified
                Claim,
                but in any case after the maximum period of 12 weeks, the Buyer shall,
                subject to the provisions of this Clause 5,
                which shall form an integral part of the Warranties, be entitled
                to demand
                full monetary compensation (Schadensersatz
                in Geld)
                for the damage incurred by either the Company or the Buyer (“Demand
                for Compensation”)
                from the Manager, provided, however, that such damage compensation
                shall
                only cover actual damages incurred by the Company or the Buyer (including
                direct consequential damages (unmittelbare
                Folgesch’den)
                and direct loss of profits (unmittelbar
                entgangener Gewinn),
                and shall in particular not cover internal administration or overhead
                costs and expenses of the Company or the Buyer, indirect consequential
                damages (mittelbare
                Folgesch’den),
                indirect loss of profits (mittelbar
                entgangener Gewinn)
                or any arguments that the consideration was calculated upon incorrect
                assumptions (including the argument the internal rate of return
                anticipated when investing was not achieved). Such Demand for Compensation
                shall be sent to the Sellers’ Joint
                Representative.

            

    

    

    Clauses
      5.1 and 5.2 shall apply mutatis
      mutandis
      to any
      further claims of the Buyer under this Agreement.

    

    
      	 	
              5.3

            	
              To
                the extent legally permissible, the Sellers’ aggregate liability under
                this Agreement, including, but not limited to, any and all claims
                for a
                breach of any of the Warranties and any and all claims under Clause
                7.1,
                shall be limited to the aggregate as follows:

            

    

    

    
      
         

      

      
        22

        
          

        

      

      
         

      

    

    
      	 	
              (a)

            	
              the
                aggregate liability of the Manager for a breach of any of the Tax
                or
                environmental Warranties pursuant to Clauses 4.3.8.2 and 4.3.16 and
                any
                and all claims under Clause 7.1 shall be limited to the Escrow Amount
                (as
                available on the Escrow Account);

            

    

    

    
      	 	
              (b)

            	
              the
                aggregate liability of the Manager for a breach of any Warranty other
                than
                the Tax and environmental Warranties and
                any other
                liability of the Sellers under this Agreement except for a liability
                under
                Clause 7.1 shall be limited to the Earn-Out Payment; any such claim
                shall
                be offset against the Earn-Out
                Payment;

            

    

    

    and
      thus,
      the Buyer shall, to the extent legally permissible, have no recourse to any
      Seller personally or to any of its assets (except for the respective portion
      of
      the funds deposited on the Escrow Account and the respective portion of the
      Earn-Out Payment (for the avoidance of doubt, irrespective of whether an
      Earn-Out Payment is payable under this Agreement and irrespective of whether
      a
      breach of any of the Warranties results in or might result in a reduction of
      the
      Earn-Out Payment). For the avoidance of doubt, the Buyer may take recourse
      up to
      the full Escrow Amount (as available on the Escrow Account) and up to the full
      Earn-Out Payment in accordance with the provisions of this Agreement
      irrespective of the fact that the Warranties are given solely by the Manager
      and
      solely the Manager is liable under the Tax indemnification under Clause
      7.1.

    

    
      	 	
              5.4

            	
              The
                Parties will establish an escrow account (the "Escrow
                Account")
                for an amount of €1,000,000 (in words: Euro one million; the "Escrow
                Amount")
                pursuant to the escrow agreement (the "Escrow
                Agreement")
                to be entered immediately after signing of this Agreement substantially
                in
                the form set out in Schedule 5.4.
                The Buyer shall be entitled to take recourse to the Escrow Amount
                deposited on the Escrow Account in case of a breach of any of the
                Tax or
                environmental Warranties pursuant to Clauses 4.3.8.2 and
                4.3.16 and
                in case of any claims under Clause 7.1. 

            

    

    

    
      	 	
              5.5

            	
              Sellers’
                liability under this Agreement shall be further limited as
                follows:

            

    

    

    
      	
            	(a)	
              Individual
                Claims

            

    

    

    The
      Sellers shall not be liable in the event that an individual claim results from
      a
      single event or fact, and the amount of such individual claim does not exceed
      €
      15,000
      (in words: Euro fifteen thousand) (the “De
      Minimis Amount”).
      All
      claims based on a similar initiating fact or cause being a single cause, shall
      be taken into account as one cumulated amount.

    

    
      	
            	(b)	
              Threshold

            

    

    

    
      	 	
              (i)

            	
              The
                Sellers shall not be liable unless the amount claimed of such individual
                claims exceeding the De Minimis Amount together with the damage resulting
                from previous claims exceeding the De Minimis Amount shall be more
                than or
                equal to € 75,000 (in words: Euro seventy-five thousand)
                (the “Threshold”).

            

    

    

    
      	 	
              (ii)

            	
              When
                the Threshold is reached or exceeded, the Sellers shall be liable
                for the
                amount of that damage together with the damage arising by virtue
                of any
                previous claim unpaid at that date. From such date in respect of
                damages
                resulting from future claims, the Sellers may no longer apply the
                procedure set out in Clause 5.6 (b) (i) nor benefit from the imposition
                of
                the Threshold.

            

    

    

    
      
         

      

      
        23

        
          

        

      

      
         

      

    

    
      	 	
              (c)

            	
              Accounts/Consideration

            

    

    

    The
      Sellers shall not be liable for nor shall be obliged to pay all or part of
      any
      amounts under this Agreement insofar as the matter to which the claim relates
      has been taken into account in the Accounts and/or the Interim Accounts, in
      particular, but not limited to by way of a liability (Verbindlichkeit)
      or a
      provision (Rückstellung)
      or a
      depreciation (Abschreibung)
      or and
      write-off (Einzel-
      oder Pauschalwertberichtigung).
      The
      same shall apply if the matter was taken into account when calculating the
      Closing Date Net Debt.

    

    
      	 	
              (d)

            	
              Benefits

            

    

    

    The
      Sellers shall not be liable for nor shall be obliged to pay all or part of
      any
      amounts under this Agreement insofar as the payment or settlement of any item
      giving rise to claims results in a benefit to the Company or the Buyer, whereby
      all advantages in connection with the relevant matter shall be taken into
      account.

    

    
      	 	
              (e)

            	
              Change
                of Legal Requirements

            

    

    

    The
      Sellers shall not be liable for nor shall be obliged to pay all or part of
      any
      amounts under this Agreement in so far as such amounts result from a causatory
      fact or event which is:

    

    
      	 	
              ·

            	
              in
                relation to Taxes, an amendment to the applicable rate or withholding,
                or
                a new Tax or law invoked after the Closing Date;
                or

            

    

    

    
      	 	
              ·

            	
              the
                adoption of, or modification of, the Legal Requirements occurring
                after
                the Closing Date.

            

    

    

    
      	 	
              (f)

            	
              Indemnification
                by a third party

            

    

    

    The
      amounts payable under this Agreement shall be reduced by the amount of any
      indemnity (net of Taxes and the costs of recovering such amounts) which is
      effectively paid or payable by a third party (including amounts paid or payable
      by insurers) in relation to such amounts payable to the Company or the Buyer.
      The Buyer shall undertake, and shall cause the Company to undertake, all
      commercially reasonable actions to collect any amount payable by a third party.
      The limitation period of Warranty claims pursuant to Clause 5.6
      below
      shall be suspended for the time of assertion of such claims against third
      parties. Neither the respective portion of the Earn-out Payment nor the
      respective portion of the payment of the Escrow Amount, as the case may be,
      shall become due prior to the Buyer’s actual receipt of the respective amount by
      the third party. 

    

    
      	 	
              (g)

            	
              Mitigation

            

    

    

    The
      Buyer
      shall not be entitled to bring any claim under or in connection with this
      Agreement if and to the extent that either the Buyer or, after the Closing
      Date,
      the Company or their directors, employees, agents or their respective
      representatives have caused (verursacht
      oder mitverursacht)
      or
      aggravated the breach of a Warranty or any damage resulting therefrom or failed
      to mitigate damages pursuant to Section 254 of the German Civil Code
      (Bürgerliches
      Gesetzbuch, BGB).
      In
      particular, the Sellers shall not be liable insofar as the claim results from,
      or is increased by, a voluntary act or omission by the Buyer, or, after the
      Closing Date, the Company or their directors, employees, agents or their
      respective representatives, save in the case where (i) such voluntary act could
      not have been avoided for legal or regulatory reasons, or (ii) such voluntary
      act or omission is taken to remedy the fact that the statements referred to
      in
      Clause 4 above made by the Manager are not accurate and true.

    

    
      
         

      

      
        24

        
          

        

      

      
         

      

    

    
      	 	
              (h)

            	
              Buyer's
                Knowledge 

            

    

    

    The
      Buyer
      shall not be entitled to bring any claim under the Warranties if and to the
      extent that the facts constituting the respective breach of Warranty have been
      disclosed by the Sellers with reasonable clarity and specified in this
      Agreement, including the Disclosure Schedule.

    

    Section
      442 of the German Civil Code und Section 377 of the German Commercial Code
      (Handelsgesetzbuch;
      HGB)
      shall
      not apply.

    

    
      	 	
              5.6

            	
              Time
                Limitation

            

    

    

    Subject
      to sentence 2 hereof, all claims under this Agreement, in particular all claims
      for any breach of the Warranties shall become time-barred (verj’hren)
      two
      years after the Closing Date. All claims for any breach of the Tax or
      environmental Warranties pursuant to Clauses 4.3.8.2 and 4.3.16, as well as
      all
      claims under Clause 7.1 and 7.8 sentence 1 shall become time-barred three years
      after the Closing Date. Section 203
      German Civil Code (Bürgerliches
      Gesetzbuch; BGB)
      shall
      not apply.

    

    
      	 	
              5.7

            	
              Exclusion
                of Further Remedies

            

    

    

    The
      remedies, which the Company or the Buyer may have against the Managers for
      breach of any Warranties shall solely be governed by this Agreement and shall
      -
      to the extent legally permissible - be the exclusive remedies available to
      the
      Buyer. Without limiting the generality of the aforesaid and unless this
      Agreement expressly provides otherwise, in particular, but without limitation,
      any right of the Buyer to performance, lower the consideration (Minderung)
      or
      rescind (Rücktritt)
      from
      this Agreement or to require the winding-up of the transaction contemplated
      hereunder on any other legal basis (e.g. by way of großer
      Schadenersatz),
      any
      claims for breach of pre-contractual obligations (culpa
      in contrahendo gem’ß §§ 311 Abs. 2, 280 BGB),
      or
      ancillary obligations (positive
      Forderungsverletzung),
      any
      liability in tort (Deliktshaftung),
      are
      hereby explicitly excluded and waived by the Buyer. The above exclusions do
      not
      apply to intentional misconduct (Section 276 subs. 3 of the German Civil Code
      (Bürgerliches
      Gesetzbuch; BGB)).
      Also
      any limit of liability under this Agreement shall not apply to claims arising
      from intentional conduct (Section 276 subs. 3 of the German Civil Code
      (Bürgerliches
      Gesetzbuch; BGB)).

    

    
      
         

      

      
        25

        
          

        

      

      
         

      

    

    

    
      	
              6

            	
              Buyer's
                Warranties

            

    

    

    
      	 	
              6.1

            	
              The
                Buyer warrants (garantiert)
                to the Sellers by way of an independent warranty (selbst’ndiges
                Garantieversprechen)
                under Section 311 subs. 1 of the German Civil Code (Bügerliches
                Gesetzbuch;
                BGB),
                within the scope and subject to the requirements and limitations
                provided
                in this Clause 6 hereof or otherwise in this Agreement that the following
                Warranties are true and accurate in all respects on the date of this
                Agreement.

            

    

    

    
      	 	
              6.1.1

            	
              The
                Buyer has the legal right and full power and authority to enter into
                and
                perform this Agreement; this Agreement will constitute a valid and
                binding
                obligation of the Buyer.

            

    

    

    
      	 	
              6.1.2

            	
              The
                execution and delivery of and the performance by the Buyer of its
                obligations under this Agreement will not (i) result in a breach
                of any
                provision of the constitutional documents of the Buyer or (ii) result
                in a
                breach of any order, judgement or decree of any court, governmental
                agency
                or regulatory body to which the Buyer is a party or by this the Buyer
                is
                bound. 

            

    

    

    
      	 	
              6.1.3

            	
              The
                transaction contemplated by this Agreement does not require cartel
                clearance.

            

    

    

    
      	 	
              6.1.4

            	
              The
                Buyer is not aware (positive
                Kenntnis)
                of any breach of a Warranty; it being understood that the actual
                knowledge
                of Frank Guidone, John Hopkins, Jean-François Allier and Rick Carlson is
                relevant.

            

    

    

    
      	 	
              6.2

            	
              In
                case of a breach of the Buyer’s Warranties, Clauses 5.1, 5.2, 5.3, 5.5
                (a), (b), (d), (e), (f) and (g), 5.6 sentence 1, 5.7 shall apply
                mutatis
                mutandis.

            

    

    

    
      	
              7

            	
              Taxes 

            

    

    

    
      	 	
              7.1

            	
              Tax
                Indemnity

            

    

    

    The
      Manager shall, subject to the limitations set forth in this Agreement, in
      particular, but not limited to, this Clause 7, indemnify and hold harmless
      the
      Buyer or, at the election of the Buyer, the Company from and against any Taxes
      for taxable periods ending on or before
      the
      Closing Date, to the extent that such Taxes (i) have not been paid on or prior
      to the Closing Date or (ii) have not been accrued for or shown as a liability
      in
      the Accounts. With respect to Taxes payable for a period which begins prior
      to
      the Closing Date and which ends after such date, the portion of the Taxes
      allocable to the period prior to the Closing Date shall be deemed to be equal
      to
      the amount of the Taxes for the entire tax period multiplied by a fraction
      in
      which the numerator is the number of days of the portion of the period ending
      on
      the Closing Date and the denominator is the number of days of the entire tax
      period. 

    

    
      	 	
              7.2

            	
              Exception

            

    

    

    Clause
      7.1 shall not apply to any structuring undertaken by the Sellers immediately
      before the Closing Date in order to leverage the Company’s equity. Taxes
      resulting from such structuring shall be borne by the Buyer. 

    

    
      
         

      

      
        26

        
          

        

      

      
         

      

    

    
      	 	
              7.3

            	
              Cooperation

            

    

    

    The
      Parties agree to fully cooperate with each other in connection with any
      matter
      relating to Taxes. Such cooperation shall include, without limitation, providing
      or making available all relevant books, records and documentation and the
      assistance of officers and employees. The Buyer agrees to retain, and cause
      the
      Company to retain, all books, records and documentation relating to the Company
      that may be relevant in connection with any audit or investigation relating
      to
      Taxes for which the Manager may be liable under Clause 7.1. The Buyer shall
      cause the Company to furnish to the Sellers' Joint Representative all such
      information as may be necessary or expedient for the Sellers to evaluate such
      liability.

    

    
      	 	
              7.4

            	
              Tax
                Returns

            

    

    

    The
      Manager shall file, or cause the Company to file, all Tax Returns which are
      due
      to be filed by or on behalf of the Company on or before the Closing Date. The
      Buyer shall file, or cause the Company to file, on a timely basis all Tax
      Returns other than those referred to in the preceding sentence. As long as
      the
      Manager can be held liable
      under Clause 7.1, the Buyer shall, at the Sellers' Joint Representative's
      request, forward any Tax Return to be filed by the Buyer or the Company after
      the Closing Date relating to a taxable period beginning before the Closing
      Date
      at least thirty (30) days prior to filing to the Sellers' Joint Representative's
      for review and comments and shall take the Sellers' Joint Representative's
      comments into due consideration.

    

    
      	 	
              7.5

            	
              Tax
                Audit

            

    

    

    The
      Buyer
      shall keep the Sellers'
      Joint Representative fully informed of any Tax audit or other proceeding which
      may give rise to a claim under Clause 7.1 and shall, at the Sellers' Joint
      Representative's request, provide the Sellers' Joint Representative with all
      documents, other materials, information and assistance reasonably required
      by
      the Sellers' Joint Representative to evaluate such audit and a possible
      liability of the Manager under this Clause 7 arising
      therefrom.

    

    
      	 	
              7.6

            	
              Defense

            

    

    

    In
      the
      case of any assessments, investigations and other measures of the tax
      authorities
      which could give rise to a liability of the Manager under Clause 7.1,
      Clause 5.1.3 shall apply mutatis
      mutandis.

    

    
      	 	
              7.7

            	
              Exclusions
                and Conditions of
                Liability

            

    

    

    The
      Manager's obligation to indemnify and hold harmless the Buyer under
      Clause 7.1 shall be subject to Clauses 5.1.1, 5.1.2, 5.3, 5.4, 5.5, 5.6 and
      5.7, and shall further be subject to the following conditions:

    

    
      	 	
              7.7.1

            	
              If
                the Company is entitled to any benefits by refund, set-off or reduction
                of
                Taxes as the result of an adjustment or payment giving rise to a
                claim for
                indemnification against Taxes, then the corresponding benefit shall
                reduce
                the claim for indemnification against any such Tax. This shall in
                particular, but without limitation, apply to any Tax benefits after
                the
                Closing Date resulting from the lengthening of any amortization or
                depreciation periods, higher depreciation allowances or carry forwards
                of
                losses or deductions. If and to the extent losses carried forward
                cannot
                be used any more as a result of the transaction contemplated by this
                Agreement, the respective losses carried forward shall be deemed
                to be
                still in existence for the purpose of this
                provision.

            

    

    

    
      
         

      

      
        27

        
          

        

      

      
         

      

    

    
      	 	
              7.7.2

            	
              The
                Manager shall not be held liable for any Taxes attributable to taxable
                periods ending on or before the Closing Date resulting from any change
                in
                the accounting or taxation principles or practices of the Company
                (including methods of submitting tax returns) introduced after the
                Closing
                Date.

            

    

    

    
      	 	
              7.8

            	
              Tax
                Refunds

            

    

    

    The
      Sellers shall be entitled to an amount equal to any refunds of Taxes received
      by
      the Company attributable to any taxable period ending on or before the
      Closing
      Date. Such refunds shall be treated as a surplus on the consideration and
      irrevocably paid to the Sellers' Nominated Joint Account.

    

    
      	 	
              7.9

            	
              Time
                of Payment

            

    

    

    Any
      claim
      for indemnification under this section 7 shall be due within 10 Business Days
      following a written and sufficiently detailed notification by the Buyer,
      provided, however, that the claims shall no be due earlier than 2 Business
      Days
      prior to such Taxes becoming due and payable to the respective Tax authority
      or
      other creditor. For the avoidance of doubt, if and to the extent Taxes are
      repaid to the Buyer and/or the Company, Clause 7.8 above shall apply.

    

    
      	
              8

            	
              Closing

            

    

    

    
      	 	
              8.1

            	
              Closing
                shall take place on the Closing Date which is the same day as the
                date of
                signing of this Agreement.

            

    

    

    
      	 	
              8.2

            	
              On
                the Closing Date, the following shall
                occur:

            

    

    

    
      	 	
              8.2.1

            	
              The
                Buyer shall pay the Closing Payment (minus the Escrow Amount) on
                the
                Sellers’ Nominated Joint Account by telegraphic transfer.
                

            

    

    

    
      	 	
              8.2.2

            	
              The
                Buyer shall pay the Escrow Amount on the Escrow Account by telegraphic
                transfer. 

            

    

    

    
      	 	
              8.2.3

            	
              The
                Buyer shall sign the indemnification agreement as attached as Schedule
                8.2.3.

            

    

    

    
      	 	
              8.3

            	
              After
                all Closing actions set forth in Clause 8.2 have been taken, the
                Parties
                shall confirm in a written document substantially in the from as
                attached
                hereto as Schedule
                8.3 that
                the Closing has occurred. The Parties instruct the acting notary
                to attach
                the signed closing confirmation to this
                deed.

            

    

    

    
      	
              9

            	
              Confidentiality

            

    

    

    
      	 	
              9.1

            	
              The
                Sellers and the Buyer shall treat as confidential and not disclose
                the
                provisions of this Agreement and any agreement entered into pursuant
                to
                this Agreement. The Buyer shall treat as confidential and not disclose
                or
                use information received or obtained in respect of the Sellers. From
                and
                after the Closing Date, the Buyer shall treat as confidential and
                not
                disclose or use information received or obtained in respect of the
                Sellers
                (other than the Company and other than in respect of the subject
                matter of
                this Agreement). From and after the Closing Date, the Sellers shall
                treat
                as confidential and not disclose or use information received or obtained
                in respect of the Buyer and the Company;
                provided, however, that the Sellers shall be permitted to use financial
                information regarding the Company to the extent required for normal
                financial reporting purposes, 

            

    

    

    
      
         

      

      
        28

        
          

        

      

      
         

      

    

    
      	 	
              9.2

            	
              This
                Clause 9
                shall not prohibit disclosure of any information if and to the
                extent:

            

    

    

    
      	 	
              (i)

            	
              the
                disclosure or use is required by law, any regulatory body or the
                rules and
                regulations of any recognised stock
                exchange;

            

    

    

    
      	 	
              (ii)

            	
              the
                disclosure or use is required to vest the full benefit of this Agreement
                in the Sellers or the Buyer, as the case may
                be;

            

    

    

    
      	 	
              (iii)

            	
              the
                disclosure or use is required for the purpose of any judicial proceedings
                arising out of this Agreement or any other agreement entered into
                under or
                pursuant to this Agreement or the disclosure is reasonably necessary,
                desirable or required to be made to a taxation authority in connection
                with the taxation affairs of the disclosing
                party;

            

    

    

    
      	 	
              (iv)

            	
              the
                disclosure is made to employees or professional advisers of the Sellers
                or
                the Buyer;

            

    

    

    
      	 	
              (v)

            	
              the
                information becomes publicly available (other than by breach of this
                Agreement);

            

    

    

    
      	 	
              (vi)

            	
              the
                other Party has given prior written approval to the disclosure or
                use;
                or

            

    

    

    
      	 	
              (vii)

            	
              the
                information is independently developed after
                Closing;

            

    

    

    
      	 	
              (viii)

            	
              provided
                that prior to disclosure or use of any information pursuant to (i),
                (ii)
                or (iii) (except in the case of disclosure to a taxation authority),
                the
                Party concerned shall promptly notify the other party of such requirement
                with a view to providing the other party with the opportunity to
                contest
                such disclosure or use or otherwise to agree the timing and content
                of
                such disclosure or use.

            

    

    

    
      	 	
              9.3

            	
              The
                Sellers 7 and 8 are entitled to inform 3i plc and 3i Group plc and
                their
                Affiliates (except for portfolio companies) of the existence and
                contents
                of this Agreement without the approval of the other Parties. 3i plc
                and 3i
                Group plc are entitled to disclose the existence and contents of
                this
                Agreement as required by law or applicable stock exchange or other
                regulatory requirements without the approval of the other Parties.
                

            

    

    

    
      	 	
              9.4

            	
              On
                and after the Closing Date, the Buyer shall grant the Sellers' Joint
                Representative and its representatives reasonable access to, and
                allow
                them to make copies of, books of account, financial and other records
                (including, without limitation, accountant's work papers), information,
                employees and auditors of the Company to the extent necessary for
                one or
                several Seller(s) in connection with any audit, investigation, dispute
                or
                litigation.

            

    

    

    
      	
              10

            	
              Substitution/Assignment

            

    

    

    None
      of
      the Parties shall be entitled to assign its rights or obligations under this
      Agreement without the prior written consent of the other Party, except that
      the
      Parties shall be entitled to assign all (and only all) of its rights and
      obligations under this Agreement and any outstanding claims and litigation
      to
      an
      Affiliate without requiring prior written consent.
      Any of
      the Sellers 6 through 8 are entitled to assign all (and only all) of its rights
      and obligations under this Agreement and any outstanding claims and litigation
      to a third party without requiring prior written consent unless such an
      assignment adversely affects the interests of another Party. For the avoidance
      of doubt, the Sellers shall also in this respect be represented by the Sellers’
Joint Representative.

    

    
      
         

      

      
        29

        
          

        

      

      
         

      

    

    

    
      	
              11

            	
              Applicable
                Law/Jurisdiction

            

    

    

    This
      Agreement shall be construed and governed exclusively in accordance with German
      law without its conflict of law rules.

    

    All
      disputes arising under or in connection with this Agreement or its validity
      shall be finally
      settled by three arbitrators in accordance with the Arbitration Rules of the
      German Institution of Arbitration e.V. (DIS) without recourse to the ordinary
      courts of law. The venue of the arbitration shall be Dortmund. The language
      of
      the arbitration proceedings shall be English.

    

    
      	
              12

            	
              Non-Competition/Non-solicitation

            

    

    

    
      	 	
              12.1

            	
              Non-competition

            

    

    

    The
      Management (except for the Seller 3) undertakes to the Buyer and to any of
      its
      assignee to which the Agreement has been assigned in accordance with Clause
      10
      not to compete, directly or indirectly (including through any Affiliate of
      any
      of the Sellers) with the Business as conducted on the Closing Date for a period
      of two (2) years from the Closing Date. To this end, the Management (except
      for
      the Seller 3) undertakes to the Buyer and to any of its assignee to which the
      Agreement has been assigned in accordance with Clause 10 for a period of two
      (2)
      years from the Closing Date:

    

    
      	 	
              (i)

            	
              not
                to carry out or undertake, whether directly or indirectly, for their
                own
                account or for the account of third parties, any activity competing
                with
                the Business in Germany in any manner
                whatsoever;

            

    

    

    
      	 	
              (ii)

            	
              not
                to manage, advise or assist in any way, whether or not for consideration,
                any Entity carrying out a business competing with the
                Business;

            

    

    

    
      	 	
              (iii)

            	
              not
                to acquire any interest in any Entity competing with the Business,
                except
                where such interest only constitutes a financial participation of
                less
                than 5% of the share capital and voting rights of that Entity;
                and

            

    

    

    
      	 	
              (iv)

            	
              not
                to engage in any practice the purpose of which is to evade the provisions
                of this undertaking;

            

    

    

    (all
      together referred to as the “Non-Compete
      Undertakings”).

    

    
      	 	
              12.2

            	
              Non
                solicitation

            

    

    

    The
      Management (except for the Seller 3) shall not, directly or indirectly, for
      a
      period of two (2) years from the date of this Agreement, for themselves, and,
      for the same period, the Management (except for the Seller 3) shall procure
      that
      their Affiliates shall not, solicit for employment or hire any officer, director
      or employee when employed by the Company or do anything to influence or
      encourage any such person to leave his or her employment with the Company,
      unless such person resigned from the Company on or prior to the date of this
      Agreement.

    

    
      
         

      

      
        30

        
          

        

      

      
         

      

    

    
      	 	
              12.3

            	
              The
                restrictions contained in this Clause 12 are considered to be reasonable
                by the Management in all respects, but if any of those restrictions
                shall
                be held to be void in the circumstances where it would be valid if
                some
                part were deleted, amended or period of time reduced, the Parties
                agree
                that such restrictions shall apply with such deletion or amendment
                as may
                be necessary to make it valid and
                effective.

            

    

    

    
      	 	
              12.4

            	
              The
                Management shall not receive any compensation for the prohibition
                of
                competition, neither under the non-compete provision of this Agreement
                nor
                any other non-compete obligation relating to the Company. To the
                extent
                that such right of compensation exists, the Management hereby explicitly
                waives any right of compensation.

            

    

    

    
      	
              13

            	
              Buyer's
                Guarantor

            

    

    

    
      	 	
              13.1

            	
              Buyer's
                Guarantor hereby warrants (garantiert)
                to the Sellers by way of an independent warranty (selbst’ndiges
                Garantieversprechen)
                under Section 311 Subs. 1 of the German Civil Code (bürgerliches
                Gesetzbuch;BGB)
                the fulfilment of the obligations of the Buyer pursuant to this Agreement,
                in particular, without limitation, the payment of the consideration
                for
                the Shares in accordance with the provisions of this Agreement. The
                Buyer
                and the Buyer's Guarantor shall be jointly and severely liable
                (haften
                gesamtschuldnerisch).

            

    

    

    
      	 	
              13.2

            	
              If
                and to the extent that any rights and obligations of a Seller or
                the Buyer
                under this Agreement are in any way affected by knowledge or other
                circumstances being satisfied by or applicable to the Buyer, such
                knowledge or other circumstances shall, if satisfied by or applicable
                to
                the Buyer's Guarantor, be deemed to be satisfied by or applicable
                to the
                Buyer as well.

            

    

    

    
      	
              14

            	
              Miscellaneous

            

    

    

    
      	 	
              14.1

            	
              Amendments,
                supplements to or the termination of this Agreement have to be in
                writing
                (excluding Section 126a of the German Civil Code) in order to become
                valid, unless a stricter form is prescribed by law. The requirement
                of the
                written form may only be revoked by way of a written agreement (excluding
                Section 126a of the German Civil
                Code).

            

    

    

    
      	 	
              14.2

            	
              A
                waiver by any Party of any of its rights under this Agreement must,
                in
                order to be valid, be
                made in writing, unless a stricter form is
                required.

            

    

    

    
      	 	
              14.3

            	
              All
                Schedules to this Agreement form an integral part of the
                same.

            

    

    

    
      	 	
              14.4

            	
              Any
                previous agreements regarding the subject-matter of this Agreement
                shall
                be revoked upon notarisation of this
                Agreement.

            

    

    

    
      	 	
              14.5

            	
              Should
                any provision of this Agreement be or become invalid, in whole or
                in part,
                this shall not affect the validity of the remaining provisions hereof.
                The
                Parties shall substitute such invalid provision(s) by a valid provision
                which achieves as much as possible the purport, sense and economic
                purpose
                of the invalid provision. The same shall apply should there be an
                unintended gap in the provisions of this
                Agreement.

            

    

    

    
      
         

      

      
        31

        
          

        

      

      
         

      

    

    
      	 	
              14.6

            	
              Unless
                this Agreement provides otherwise, each Party shall bear its own
                fees,
                expenses and costs in connection with
                this Agreement and the transactions contemplated herein as well as
                any
                taxes required by law to be paid by such Party. The costs for notarisation
                of this Agreement shall be borne by the
                Buyer.

            

    

    

    
      	 	
              14.7

            	
              Both
                Parties undertake not to disclose this Agreement and not to make
                any
                announcement in respect of the subject matter of this Agreement unless
                specifically agreed between them or unless there is an obligation
                to
                disclose pursuant to a legal
                obligation.

            

    

    

    
      	 	
              14.8

            	
              Unless
                otherwise provided for in this Agreement, any right of the Buyer
                to
                set-off and/or to withhold any payments due under this Agreement
                is hereby
                explicitly waived and excluded except for claims which are undisputed
                or
                to which no appeal is possible. For the avoidance of doubt, all set-off
                rights of the Buyer under this Agreement and/or the Escrow Agreement
                shall
                remain unaffected.

            

    

    

    
      	
              15

            	
              Notices

            

    

    

    
      	 	
              15.1

            	
              Any
                demand, notice or other communication under this Agreement, whether
                required or permitted to be given hereunder, shall be given in writing
                by
                mail, courier, telefax or email and to the address stipulated in
                Clause 15.3 or
                such other address as the parties shall nominate from time to time
                to all
                other Parties hereto in accordance with this clause.
                

            

    

    

    Any
      such
      notice or communication
      must be in the English language.

    

    
      	 	
              15.2

            	
              Every
                notice or communication to be given to the Buyer shall also be given
                to
                the Buyer’s Guarantor and vice
                versa.

            

    

    

    
      	 	
              15.3

            	
              Every
                notice or communication given in accordance with this clause shall
                be
                deemed to have been received as
                follows:

            

    

     

    
      	
              Means
                of Dispatch

            	
              Deemed
                received

            
	
              Delivery
                by hand;

            	
              the
                day of delivery;

            
	
              Post:

            	
              48
                hours after posting; and

            
	
              Facsimile
                or other means of visible electronic reproduction

            	
              On
                the date the senders machine issues a transmission report in respect
                of
                the notice or communication provided that in case of electronic messages
                a
                notification of receipt by the receiving party’s machine is requested and
                received

            

    

    

    
      
         

      

      
        32

        
          

        

      

      
         

      

    

    

    
      	 	
              15.4

            	
              The
                address for notice under this Agreement for each party is as
                follows:

            

    

    

    Sellers’
      Joint Representative:

    

      
        	
                EUROPEAN
                  TECHNOLOGIES HOLDING B.V.

              	 
	
                Oranje
                  Nassaulaan 26, NL-5211 AX's-Hertogenbosch

              	 
	
                Telefax:

              	
                +31
                  (73) 6127249

              
	
                Email:

              	
                P.Schuit@set-nv.com

              
	
                With
                  a copy to:

              	
                Dr.
                  Joachim Dietrich

              
	 	
                CMS
                  Hasche Sigle

              
	 	
                Barckhausstraße
                  12-16

              
	 	
                60325
                  Frankfurt am Main

              
	 	
                Telefax:
                  +49 (69) 71701-40613

              
	 	
                Email:
                  Joachim.Dietrich@cms-hs.com

              
	 	 
	
                Buyer:

              	 
	
                MWS
                  SENSORIK GMBH

              	 
	
                Otto-Hahn-Straße
                  6, 85276 Pfaffenhofen a.d. Ilm

              	 
	
                FAO
                  Jean-François Allier

              	 
	
                Telefax:

              	
                +49
                  8441/4983-20

              
	
                Email:

              	
                jf.allier@humirel.com

              
	 	 
	
                With
                  a copy to:

              	 
	
              	
                Hammonds

              
	
              	
                Georgenstr.
                  22

              
	
              	
                10117
                  Berlin

              
	
              	
                FOA
                  Dr. Volker Heidbüchel

              
	
              	
                Telefax:
                  +49(0)30-72616-8001

              
	
              	
                Email.
                  volker.heidbuechel@hammonds.com

              

      

       

      
        
           

        

        
          33

          
            

          

        

        
           

        

      

      
        	
                Buyer’
                  s Guarantor:

              	 
	
                MEASUREMENT
                  SPECIALTIES, INC

              	 
	
                1000
                  Lucas Way, Hampton VA 23666, USA

              	 
	
                FAO
                  Frank Guidone

              	 
	
                Telefax:

              	
                001-757-766-4347

              
	
                Email:

              	
                frank.guidone@msiusa.com

              

      

    

     

    
      	 	
              15.5

            	
              If
                one of the Parties has changed its address but has failed to notify
                the
                remaining Parties of such change, then with regard to any demand,
                notice
                or other communication under this Agreement, it shall suffice for
                such
                notice to be sent to the most recently known
                address.

            

    

    

    The
      Deed
      was read to the persons appeared by the acting Notary in the English language,
      approved by the persons appeared and signed by them and the Notary in their
      own
      hand as follows:

    

    [Signatures]

     

    
 

    *
      * * *
      *

     

    
      
         

      

      
        34DATED                                 
      2005

    

     

     

    (1)
      FERVENT GROUP LIMITED

    

    and

    

    (2)
      KENABELL HOLDING LIMITED

     

    

      
        

      

    

    

    AGREEMENT
      FOR THE

    SALE
      AND PURCHASE OF 

    THE
      ENTIRE ISSUED SHARE CAPITAL OF 

    MEASUREMENT
      LTD.

     

    
      
 

    Baker
      & 

    14th
      Floor Hutchison House

    Hong
      Kong

    

    Telephone:
      (852) 2846-1888

    Fax:
      (852) 2845-0476

    Ref:
      YTC/RCT/32183700-000001/rct10353

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    CONTENTS

    

    
      	Number	Clause
              Headings	Page
	 	 	 
	
              1.

            	
              Definitions
                and Interpretation

            	
              1

            
	
              2.

            	
              Sale
                of Sale Share

            	
              8

            
	
              3.

            	
              Consideration

            	
              8

            
	
              4.

            	
              Conditions

            	
              9

            
	
              5.

            	
              Completion

            	
              9

            
	
              6.

            	
              Effective
                Date Accounts

            	
              12

            
	
              7.

            	
              Adjustment
                of Consideration

            	
              14

            
	
              8.

            	
              Non-competition
                undertaking

            	
              16

            
	
              9.

            	
              Warranties
                and Indemnities

            	
              18

            
	
              10.

            	
              The
                Purchaser’s Remedies

            	
              23

            
	
              11.

            	
              The
                Purchaser’s Warranties And Undertakings

            	
              24

            
	
              12.

            	
              Restriction
                on Announcements

            	
              25

            
	
              13.

            	
              Pre-Completion
                Obligations and Post-Completion Obligations

            	
              25

            
	
              14.

            	
              Confidentiality
                of Information

            	
              28

            
	
              15.

            	
              Costs

            	
              28

            
	
              16.

            	
              General

            	
              28

            
	
              17.

            	
              Notices

            	
              29

            
	
              18.

            	
              Governing
                Law and Submission to Jurisdiction

            	
              30

            
	
              SCHEDULE
                1 Details of the Company

            	
              32

            
	
              SCHEDULE
                2 Effective Date Accounts

            	
              33

            
	
              SCHEDULE
                3 Warranties

            	
              34

            
	
              SCHEDULE
                4 List of Intellectual Property Rights

            	
              44

            
	
              SCHEDULE
                5 List of Software

            	
              60

            
	
              SCHEDULE
                6 Form of Letters of Resignation

            	
              61

            
	
              SCHEDULE
                7 Form of Promissory Note

            	
              62

            
	
              SCHEDULE
                8 Form of Deed of Guarantee

            	
              64

            
	
              SCHEDULE
                9 Form of Deed of Design Patents Assignment (non-PRC)

            	
              68

            
	
              SCHEDULE
                10 Form of Deed of Design Patents Assignment (PRC)

            	
              76

            
	
              SCHEDULE
                11 Form of Deed of Utility Patents Assignment (non-PRC)

            	
              97

            
	
              SCHEDULE
                12 Form of Deed of Utility Model Patents Assignment (PRC)

            	
              105

            
	
              SCHEDULE
                13 Form of Deed of Utility Patents Licence (non-PRC)

            	
              108

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    
      	
              SCHEDULE
                14 Form of Patents Licence (PRC)

            	
              117

            
	
              SCHEDULE
                15 Form of Deed of Trademarks Assignment

            	
              125

            
	
              SCHEDULE
                16 Pro forma combined unaudited statement of assets and liabilities
                of the
                Company as at 31 October 2005

            	
              131

            
	
              SCHEDULE
                17 Form of acknowledgment of receipt to be signed by the Transferring
                Employees

            	
              132

            
	 	 	 
	
              Execution

            	
              133

            
	 	 	 

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    DATE:        2005

     

    PARTIES:

    
      	
              (1)

            	
              Kenabell
                Holding Limited, a company incorporated in the British Virgin Islands
                with
                registered number 573155
                whose registered office is at Trident
                Chambers Road
                Town, 146 Tortola, British Virgin Islands
                (the “Vendor”);
                and

            

    

     

    
      	
              (2)

            	
              Fervent
                Group Limited, a company incorporated in British Virgin Islands with
                registered number 550235 whose registered office is at P.O. Box 957,
                Offshore Incorporations Centre, Road Town, Tortola, British Virgin
                Islands
                (the “Purchaser”).

            

    

    

    RECITALS:

    

    
      	
              (A)

            	
              The
                Vendor is the registered holder and beneficial owner of all of the
                issued
                shares in the capital of Measurement Ltd. (“the
                Company”).
                Particulars of the Company are set out in Schedule
                1.

            

    

    

    
      	
              (B)

            	
              The
                Vendor wishes to sell and the Purchaser wishes to purchase the said
                shares
                on the terms and conditions set out in this
                Agreement.

            

    

    

    TERMS
      AGREED:

    

    
      	
              1.

            	
              Definitions
                and Interpretation

            

    

    

    
      	
              1.1

            	
              In
                this Agreement where the context so admits the following words and
                expressions shall have the following
                meanings:

            

    

    

      
        	
                “Accounting
                  Date”

              	
                31
                  March 2005;

              
	 	 
	
                “Accounts”

              	
                the
                  audited financial statements of the Company for the accounting
                  period
                  which ended on the Accounting Date (such financial statement comprising
                  a
                  balance sheet, profit and loss account, notes and directors’ and auditors’
                  report) and the profit and loss account and balance sheet of the
                  Company
                  as at and for the period ended on the Accounting Date;

              
	 	 
	
                “Affiliates”

              	
                means,
                  in respect of any entity, any company or person that, directly
                  or
                  indirectly, Controls, is Controlled by or is under common Control
                  with the
                  entity;

              
	 	 
	
                “Asset
                  Purchase Agreements”

              	
                the
                  3 asset purchase agreements dated 30 November 2005 entered into
                  between
                  the Company and each of MSI and MSI Asia and between MSI China
                  and
                  永澵椅子(深圳)有榰公司;

              
	 	 
	
                “Board”

              	
                the
                  board of directors of the Company for the time
                  being;

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	 	 
	
                “Business
                  Day”

              	
                means
                  a da other than a Saturday or Sunday or public holiday on which
                  banks are
                  open for business in Hong Kong;

              
	 	 
	
                “Company”

              	
                Measurement
                  Ltd., details of which are set out in Schedule 1;

              
	 	 
	
                "Company
                  Affiliate"

              	
                means,
                  any other Person that, directly or indirectly, Controls, is Controlled
                  by
                  or is under common Control with the Company;

              
	 	 
	
                “Companies
                  Ordinance”

              	
                the
                  Companies Ordinance (Chapter 32 of the Laws of Hong
                  Kong);

              
	 	 
	
                “Completion”

              	
                completion
                  of the sale and purchase of the Sale Share as specified in Clause
                  5;

              
	 	 
	
                “Completion
                  Date”

              	
                16
                  December 2005 (or such later date as the Parties may agree in
                  writing);

              
	 	 
	
                “Conditions”

              	
                the
                  conditions specified in Clause 4.1;

              
	 	 
	
                “Consideration”

              	
                the
                  amount of US$17,393,000.00, being the total consideration for the
                  Sale
                  Share being the aggregate of the sums specified in Clause 3 (subject
                  to
                  adjustment in accordance with Clause 7);

              
	 	 
	
                “Control”

              	
                means
                  the: (1) ownership of or the ability to direct (a) in the case
                  of a
                  corporation or body corporate (i) a majority of the issued shares
                  entitled
                  to vote for election of directors (or analogous Persons) of such
                  body
                  corporate, (ii) the appointment or removal of directors having
                  a majority
                  of the voting rights exercisable at meetings of the board of directors
                  (or
                  analogous body or bodies, including, without limiting the generality
                  of
                  the foregoing, management boards and supervisory boards) of that
                  undertaking on all or substantially all matters, or (iii) a majority
                  of
                  the voting rights exercisable at general meetings of the members
                  of that
                  undertaking on all, or substantially all, matters, or (b) in the
                  case of
                  any other Person, a majority of the voting rights in such Person;
                  or (2)
                  in the case of a corporation or a body corporate or any other Person,
                  the
                  direct or indirect possession of the power to direct or cause the
                  direction of the management and policies of the same (whether through
                  the
                  ownership of voting securities, by contract or howsoever otherwise)
                  and
                  “Controlled” shall be construed
                  accordingly;

              

      

       

      
        
          
          

        

        
          -
            2 -

          
            

          

        

        
          
          

        

      

      
        	 	 
	
                “Deed
                  of Design Patents Assignment (non-PRC)”

              	
                the
                  deed of design patents assignment to be entered into between MSI
                  and the
                  Company in the form substantially the same as the form set out
                  in Schedule
                  9;

              
	 	 
	
                “Deed
                  of Design Patents Assignment (PRC)”

              	
                the
                  deed of design patents assignment to be entered into between MSI
                  China
                  and the
                  Company in the form substantially the same as the form set out
                  in Schedule
                  10;

              
	 	 
	
                “Deed
                  of Patents Licence (PRC)”

              	
                the
                  deed of design patents licence to be
                  entered into between MSI China and the Company in
                  the form substantially the same as the form set out in Schedule
                  14;

              
	 	 
	
                “Deed
                  of Guarantee”

              	
                the
                  guarantee to be given by Mr. Lee Man Ban and Mr. Chan Po Sang pursuant
                  to
                  Clause 3.4 in the form set out in Schedule 8;

              
	 	 
	
                “Deed
                  of Trademarks Assignment”

              	
                the
                  deed of trademarks assignment to be entered into between MSI and
                  the
                  Company in the form substantially the same as the form set out
                  in Schedule
                  15;

              
	 	 
	
                “Deed
                  of Utility Model Patents Assignment (PRC)” 

              	
                the
                  deed of utility model patents assignment to be entered into between
                  MSI
                  China and the Company in the form substantially the same as the
                  form set
                  out in Schedule 12;

              
	 	 
	
                “Deed
                  of Utility Patents Assignment (non-PRC)”

              	
                the
                  deed of utility patents assignment to be entered into between MSI
                  and the
                  Company in the form substantially the same as the form set out
                  in Schedule
                  11;

              
	 	 
	
                “Deed
                  of Utility Patents Licence (non-PRC)”

              	
                the
                  deed of utility patents licence to be
                  entered into between MSI and the Company in the form substantially
                  the
                  same as the form set out in Schedule 13;

              
	 	 
	
                “Design
                  Patents”

              	
                the
                  design patents listed in Schedule 4;

              
	 	 
	
                “Directors”

              	
                the
                  persons listed as directors of the Company in Schedule
                  1;

              
	 	 
	
                “Disclosure
                  Letter”

              	
                the
                  letter of today’s date from the Vendor to the Purchaser the receipt of
                  which has been acknowledged by the Purchaser;

              
	 	 
	
                “Earn-out
                  Guarantee”

              	
                the
                  guarantee to be given by River Display Limited pursuant to Clause
                  3.3 in
                  the approved terms;

              

      

       

      
        
          
          

        

        
          -
            3 -

          
            

          

        

        
          
          

        

      

      
        	 	 
	
                “Effective
                  Date Accounts”

              	
                the
                  balance sheet of the Company made up as at the close of business
                  on 30
                  November 2005 and the profit and loss account of the Company for
                  the
                  period from the day immediately following the Accounting Date to
                  30
                  November 2005, to be prepared and agreed or determined in accordance
                  with
                  the provisions of Clause 6;

              
	 	 
	
                “Event”

              	
                an
                  event, act, transaction or omission including, without limitation,
                  a
                  receipt or accrual of income or gains, distribution, acquisition,
                  disposal, transfer, payment, loan or advance;

              
	 	 
	
                “Home
                  Use”

              	
                as
                  applied to a product, that the product is intended for and marketed
                  solely
                  directly to consumers and for use in the home. For the avoidance
                  of doubt,
                  any product marketed directly to physicians, medical offices, hospitals,
                  nursing homes, rehabilitation centers, restaurants and/or commercial
                  kitchens, and any product marketed (whether marketed to consumers
                  or
                  businesses) as being of the type sold to any of the foregoing,
                  shall not
                  be a product for “Home Use.”

              
	 	 
	
                “Hong
                  Kong”

              	
                the
                  Hong Kong Special Administrative Region of the People’s Republic of
                  China;

              
	 	 
	
                “Initial
                  Consideration”

              	
                the
                  amount of US$8,393,000.00 (subject to adjustment in accordance
                  with Clause
                  7); 

              
	 	 
	
                “Intellectual
                  Property”

              	
                includes
                  patents, trademarks, service marks, trade dress, Knowhow, designs,
                  copyrights, business names, registrations of, applications to register
                  and
                  rights to apply for registration of any of the aforesaid items,
                  rights in
                  the nature of any of the aforesaid items in any country, rights
                  in the
                  nature of unfair competition rights and rights to sue for passing
                  off;

              
	 	 
	
                “Knowhow”

              	
                includes
                  processing instructions, specifications, technical information,
                  process
                  technology, methods, trade secrets and other confidential
                  information;

              
	 	 
	
                “Loadcell
                  Patents”

              	
                the
                  invention and design patents relating to loadcell as listed in
                  Schedule
                  4;

              
	 	 
	
                “Letters
                  of Resignation”

              	
                the
                  letters of resignation from each of the Directors and the secretary
                  of the
                  Company in the form set out in Schedule
                  6;

              

      

       

      
        
          
          

        

        
          -
            4 -

          
            

          

        

        
          
          

        

      

      
        	 	 
	
                “Management
                  Accounts”

              	
                the
                  unaudited balance sheet of the Company as at 31 October 2005 and
                  the
                  unaudited profit and loss account of the Company for the period
                  commencing
                  from the day immediately following the Accounting Date and ended
                  on 31
                  October 2005;

              
	 	 
	
                “Microfused
                  Technology”

              	
                shall
                  mean Knowhow, patents and patent applications all relating to attaching
                  silicon gauges to any substrate using a glass-fused
                  process;

              
	 	 
	
                “Moral
                  Rights”

              	
                the
                  rights of an author of a copyright literary, dramatic, musical
                  or artistic
                  work or a director of a copyright film (“Work”) to be identified as the
                  author or director (as the case may be) of the Work, not to have
                  the Work
                  subjected to derogatory treatment and not to have a Work falsely
                  attributed to him as the author or director (as the case may be),
                  and
                  rights in the nature of the aforesaid rights in any
                  country;

              
	 	 
	
                “MSI”

              	
                Measurement
                  Specialties Inc., a company incorporated in the United States of
                  America
                  which is the ultimate holding company of the Vendor;

              
	 	 
	
                “MSI
                  Asia”

              	
                MSI
                  Sensors (Asia) Limited, a company incorporated in Hong Kong, which
                  is
                  indirectly and wholly-owned by MSI;

              
	 	 
	
                “MSI
                  China”

              	
                MSI
                  Sensors (China) Limited, a company incorporated in Shenzhen, the
                  PRC,
                  which is wholly-owned by MSI Asia;

              
	 	 
	
                “MSI
                  Group”

              	
                the
                  group of companies comprising MSI and its subsidiaries;

              
	 	 
	
                “Parties”

              	
                the
                  named parties to this Agreement and their respective
                  successors;

              
	 	 
	
                “PRC”

              	
                the
                  People’s Republic of China but excluding, for the purposes of this
                  Agreement, Hong Kong, Macau and Taiwan;

              
	 	 
	
                “Promissory
                  Note”

              	
                the
                  promissory note to be given by the Purchaser to the Vendor at Completion
                  for the amount of US$4,000,000.00 (subject to adjustment in accordance
                  with Clause 7) pursuant to Clause 3.4 in the form set out in Schedule
                  7;

              
	 	 
	
                “Purchaser’s
                  Accountants”

              	
                M.B.
                  Lee & Co., Certified Public Accountants Ltd. of 26th Floor, Office B,
                  United Centre, 95 Queensway, Hong
                  Kong;

              

      

       

      
        
          
          

        

        
          -
            5 -

          
            

          

        

        
          
          

        

      

      
        	 	 
	
                “Purchaser’s
                  Group Company”

              	
                means
                  the Purchaser or a company which is, on the date of this Agreement,
                  a
                  subsidiary or holding company of the Purchaser or a subsidiary
                  of a
                  holding company of the Purchaser;

              
	 	 
	
                “Relief”

              	
                means
                  any loss, relief, allowance, exemptions, set-off, deduction, right
                  to
                  repayment or credit or other relief of a similar nature granted
                  by or
                  available in relation to Tax pursuant to any legislation or otherwise;
                  

              
	 	 
	
                “Relevant
                  Claim”

              	
                means
                  a claim by the Purchaser involving or relating to a breach of
                  Warranty;

              
	 	 
	
                “Retained
                  Consideration”

              	
                the
                  amount of US$5,000,000.00 (subject to adjustment in accordance
                  with Clause
                  7);

              
	 	 
	
                “Sale
                  Share”

              	
                the
                  1 (one) share of US$1.00 each, constituting the entire issued share
                  capital of the Company;

              
	 	 
	
                “Scale
                  Use”

              	
                shall
                  mean any product specifically designed and marketed as a weighing
                  device;

              
	 	 
	
                “Tax”

              	
                all
                  forms of taxation, estate duties, deductions, withholdings and
                  duties
                  imposed, levied, collected, withheld or assessed by any local,
                  municipal,
                  regional, urban, governmental, state, federal or other body in
                  Hong Kong
                  or elsewhere and any interest, additional taxation, penalty, surcharge
                  or
                  fine in connection therewith save
                  to the extent that such additional taxation, penalty, surcharge
                  or fine is
                  attributable to the unreasonable delay or default of the Purchaser
                  of the
                  Company after Completion;

              
	 	 
	
                “Tax
                  Authority”

              	
                any
                  government, state or municipality or any local, state, federal
                  or other
                  authority, body or official anywhere in the world exercising fiscal,
                  revenue, customs or excise function including without limitation,
                  the
                  Inland Revenue Department and Customs and Excise Department of
                  Hong Kong
                  or the tax authority or customs and excise authority in the
                  PRC;

              
	 	 
	
                “Tire
                  Gauge Business”

              	
                the
                  business relating to the development, sale, manufacture, promotion,
                  marketing, distribution, import and export of tire gauge, distance
                  estimators or parking sensors;

              

      

       

      
        
          
          

        

        
          -
            6 -

          
            

          

        

        
          
          

        

      

      
        	 	 
	
                “Transferring
                  Employees”

              	
                those
                  employees of the Company, MSI and MSI China whose names shall have
                  been
                  notified by the Purchaser to the Vendor on or prior to the Completion
                  Date
                  whose employment with the Company, MSI or MSI China (as the case
                  may be)
                  will be terminated on or before Completion and to whom offers of
                  employment shall be made by such companies as shall be nominated
                  by the
                  Purchaser on or before Completion;

              
	 	 
	
                “Utility
                  Patents”

              	
                the
                  utility patents listed in Schedule 4;

              
	 	 
	
                “Vendor’s
                  Group Company”

              	
                means
                  the Vendor or a company which is, on the date of this Agreement,
                  a
                  subsidiary or holding company of the Vendor or a subsidiary of
                  a holding
                  company of the Vendor;

              
	 	 
	
                “Warranties”

              	
                the
                  representations, warranties and undertakings contained in Clause
                  9 and
                  Schedule 3; and 

              
	 	 
	
                “US$”

              	
                United
                  States dollars.

              

      

    

    
      	
              1.2

            	
              Save
                where the context otherwise requires words and phrases the definitions
                of
                which are contained or referred to in the Companies Ordinance shall
                be
                construed as having the meaning thereby attributed to
                them.

            

    

    

    
      	
              1.3

            	
              Any
                references, express or implied, to statutes or statutory provisions
                shall
                be construed as references to those statutes or provisions as respectively
                amended or re-enacted or as their application is modified from time
                to
                time before the date hereof by other provisions and shall include
                any
                statutes or provisions of which they are re-enactments (whether with
                or
                without modification) and any orders, regulations, instruments or
                other
                subordinate legislation under the relevant statute or statutory provision.
                References to Sections of consolidating legislation shall, wherever
                necessary or appropriate in the context, be construed as including
                references to the Sections of the previous legislation from which
                the
                consolidating legislation has been
                prepared.

            

    

    

    
      	
              1.4

            	
              References
                in this Agreement to Clauses and Schedules are to clauses in and
                schedules
                to this Agreement (unless the context otherwise requires). The Recitals
                and Schedules to this Agreement shall be deemed to form part of this
                Agreement.

            

    

    

    
      	
              1.5

            	
              Headings
                are inserted for convenience only and shall not affect the construction
                of
                this Agreement.

            

    

    

    
      	
              1.6

            	
              The
                expressions “the
                Vendor”
                and “the
                Purchaser”
                include their respective
                successors.

            

    

    

    
      	
              1.7

            	
              References
                to “persons”
                shall include bodies corporate, unincorporated associations and
                partnerships (whether or not having separate legal
                personality).

            

    

    

    
      
        
        

      

      
        -
          7 -

        
          

        

      

      
        
        

      

    

    
      	
              1.8

            	
              References
                to writing shall include any methods of producing or reproducing
                words in
                a legible and non-transitory form.

            

    

    

    
      	
              1.9

            	
              The
                masculine gender shall include the feminine and neuter and the singular
                number shall include the plural and vice
                versa.

            

    

    

    
      	
              1.10

            	
              A
                document expressed to be “in
                the approved terms”
                means a document the terms of which have been approved by or on behalf
                of
                the Parties and a copy of which has been signed for the purposes
                of
                identification by or on behalf of each Party.

            

    

    

    
      	1.11	
              In
                construing this Agreement:

            

    

    

    
      	 	
              1.11.1

            	
              the
                rule known as the ejusdem generis rule shall not apply and, accordingly,
                general words introduced by the word “other” shall not be given a
                restrictive meaning by reason of the fact that they are preceded
                by words
                indicating a particular class of acts, matters or things;
                and

            

    

    

    
      	 	
              1.11.2

            	
              general
                words shall not be given a restrictive meaning by reason of the fact
                that
                they are followed by particular examples intended to be embraced
                by the
                general words.

            

    

    

    
      	
              2.

            	
              Sale
                of Sale Share

            

    

    

    
      	
              2.1

            	
              Subject
                to the terms of this Agreement, the Vendor shall sell as beneficial
                owner
                and the Purchaser shall purchase, free from all liens, charges and
                encumbrances and together with all rights now or hereafter attaching
                to
                them, including all rights to any dividend or other distribution
                declared,
                made or paid after the date of this Agreement, the Sale
                Share.

            

    

    

    
      	
              2.2

            	
              The
                Vendor hereby waives and agrees to procure the waiver of any restrictions
                on transfer (including pre-emption rights) which may exist in relation
                to
                the Sale Share, whether under the articles of association of the
                Company
                or otherwise.

            

    

    

    
      	
              3.

            	
              Consideration

            

    

    

    
      	
              3.1

            	
              The
                total consideration payable for the Sale Share shall be US$17,393,000.00
                (seventeen million, three hundred and ninety-three thousand United
                States
                Dollars) (subject to adjustment in accordance with Clause
                7).

            

    

    

    
      	3.2	
              The
                Initial Consideration shall be payable on Completion in accordance
                with
                Clause 5.4.1 (subject to adjustment in accordance with Clause
                7).

            

    

    

    
      	3.3	
              The
                Retained Consideration shall be payable in eight quarterly equal
                instalments of US$625,000.00 each (subject to adjustment in accordance
                with Clause 7). The Purchaser shall pay each such instalment on the
                last
                day of the end of every 3 months commencing from the fifteenth month
                after
                the Completion Date. The Earn-out Guarantee duly executed on behalf
                of
                River Display Limited shall be provided to the Vendor in respect
                of the
                Retained Consideration on
                Completion.

            

    

    

    
      
        
        

      

      
        -
          8 -

        
          

        

      

      
        
        

      

    

    
      	3.4	
              The
                balance of the Consideration, being the sum of US$4,000,000.00, shall
                be
                satisfied by the Purchaser by way of a Promissory Note which shall
                be
                payable in eight quarterly instalments of US$500,000.00 each (subject
                to
                adjustment in accordance with Clause 7). The Purchaser shall pay
                each such
                instalment on the last day of the end of every 3 months during the
                2 years
                after the Completion Date. A personal guarantee in the form set out
                in
                Schedule 8 shall be provided by Mr. Lee Man Ban and Mr. Chan Po Sang
                to
                the Vendor in respect of the Promissory Note on
                Completion.

            

    

    

    
      	
              4.

            	
              Conditions

            

    

    

    
      	4.1	
              The
                sale and purchase of the Sale Share is conditional
                upon:

            

    

    

    
      	 	
              4.1.1

            	
              the
                Warranties remaining true and accurate and not misleading in any
                material
                respect at Completion as if repeated at
                Completion;

            

    

    

    
      	 	
              4.1.2

            	
              the
                Vendor having complied with the obligations specified in Clauses
                15.1 and
                15.2;

            

    

    

    
      	 	
              4.1.3

            	
              the
                consent to the sale by the Vendor of the Sale Share contemplated
                under
                this Agreement being granted by General Electric Capital Corporation
                and
                no statute, regulation or decision which would prohibit, restrict
                or
                materially delay the sale and purchase of the Sale Share or the operation
                of the Company after Completion having been proposed, enacted or
                taken by
                any governmental or official authority;

            

    

    

    
      	
              4.2

            	
              The
                Purchaser may waive all or any of the Conditions at any time by notice
                in
                writing to the Vendor.

            

    

    

    
      	
              4.3

            	
              The
                Vendor shall use its best endeavours to procure the fulfilment of
                the
                Conditions on or before the Completion
                Date.

            

    

    

    
      	
              4.4

            	
              In
                the event that any of the Conditions shall not have been fulfilled
                (or
                waived pursuant to Clause 4.2) prior to the Completion Date, this
                Agreement shall automatically terminate and cease to be of any effect
                except Clauses 1, 12, 14, 15, 16.1 to 16.4, 17 and 18, which shall
                remain
                in force and save in respect of claims arising out of any antecedent
                breach of this Agreement.

            

    

    

    
      	
              5.

            	
              Completion

            

    

    

      
        	
                5.1

              	
                Subject
                  to the provisions of Clause 4, Completion shall take place on the
                  Completion Date at the offices of Baker & McKenzie on 14/F, Hutchison
                  House, 10 Harcourt Road, Hong Kong, or
                  at such other place as the Parties may mutually agree in
                  writing when
                  all (but not some only) of the events described in this Clause
                  5 shall
                  occur.

              

      

    

      
        	
                5.2

              	
                Subject
                  to the provisions of Clause 4, neither
                  Party is obliged to complete this Agreement
                  unless:

              

      

    

      
        	
              	5.2.1	
                the
                  other Party complies with its obligations under this Clause 5;
                  and

              

      

    

    
      
        
        

      

      
        -
          9 -

        
          

        

      

      
        
        

      

    

      
        	
              	5.2.2	
                the
                  sale and purchase of all the Sale Share is completed
                  simultaneously.

              

      

    

    
      	5.3	
              At
                Completion, the Vendor shall:

            

    

    

    
      	
            	5.3.1	
              deliver
                to the Purchaser:

            

    

    

    
      	 	
              5.3.1.1

            	
              duly
                executed instruments of transfer in respect of all of the Sale Share
                in
                favour of the Purchaser or its nominee together with the relative
                share
                certificate;

            

    

    

    
      	 	
              5.3.1.2

            	
              a
                duly executed Deed of Design Patents Assignment (non-PRC) and a duly
                executed Deed of Design Patents Assignment (PRC) for each of the
                Design
                Patents;

            

    

    

    
      	 	
              5.3.1.3

            	
              a
                duly executed Deed of Utility Patents Assignment (non-PRC) and a
                duly
                executed Deed of Utility Model Patents Assignment (PRC) for each
                of the
                Utility Patents;

            

    

    

    
      	 	
              5.3.1.4

            	
              a
                duly executed Deed of Utility Patents Licence (non-PRC) and a duly
                executed Deed of Design Patents Licence (PRC) for each of the Loadcell
                Patents;

            

    

    

    
      	 	
              5.3.1.5

            	
              a
                duly executed Deed of Trademarks Assignment for each of the Trademarks;
                

            

    

    

    
      	 	
              5.3.1.6

            	
              the
                duly signed acknowledgments of receipt by the Transferring Employees,
                in
                the form set out in Schedule 17, of a sum for the full and final
                payment
                of all salaries, allowance, compensation, severance payments and
                other
                entitlements relating to such termination that are required to be
                paid in
                accordance with the applicable laws and, if any, the relevant employment
                contracts;

            

    

    

    
      	 	
              5.3.1.7

            	
              the
                resignation of the Auditors as the auditors of the Company with effect
                from the Completion Date, such resignation to contain a statement
                that
                there are no circumstances connected with their resignation which
                they
                consider should be brought to the attention of the members or creditors
                of
                the Company;

            

    

    

    
      	 	
              5.3.1.8

            	
              all
                the statutory books and records duly written up to date of the Company
                and
                its certificate of incorporation, current business registration
                certificate(s) and common seals and a written confirmation from the
                Vendor
                that the other books and records (including financial records) and
                any
                other papers and documents of the Company in its possession or under
                its
                control have been stored at the offices of its authorized representatives
                or company secretarial service provider;

            

    

    

    
      	 	
              5.3.1.9

            	
              written
                confirmation in the approved terms that the Vendor is not aware of
                any
                matter or thing which is a breach of or inconsistent with any of
                the
                Warranties; 

            

    

    

    
      
        
        

      

      
        -
          10 -

        
          

        

      

      
        
        

      

    

    
      	 	
              5.3.1.10

            	
              certified
                copies of any powers of attorney under which any of the documents
                referred
                to in this Clause 5.3 is executed or evidence satisfactory to the
                Purchaser of the authority of any person signing on behalf of the
                Vendor;

            

    

    

    
      	 	
              5.3.1.11

            	
              Letters
                of Resignation from each of the Directors and the secretary of the
                Company, such resignations to take effect from close of the meeting
                of the
                Board referred to in Clause 5.3.2;

            

    

    

    
      	 	
              5.3.1.12

            	
              a
                duly executed release under seal, in the approved terms, releasing
                the
                Company from any liability whatsoever (whether actual or contingent)
                which
                may be owing to the Vendor and/or any member of the MSI Group by
                the
                Company at Completion;

            

    

    

    
      	 	
              5.3.1.13

            	
              a
                duly executed release under seal, in the approved terms, releasing
                the
                Vendor or Directors or other officers of the Company or any member
                of the
                MSI Group of all loans or other indebtedness due or owing to the
                Company;

            

    

    

    
      	 	
              5.3.2

            	
              cause
                the Directors to hold a meeting of the Board at which the Directors
                shall
                pass resolutions in the approved terms (inter alia)
                to:-

            

    

    

    
      	 	
              5.3.2.1

            	
              approve
                the registration of the Purchaser or its nominees as members of the
                Company subject only to the production of completed transfers in
                respect
                of the Sale Share;

            

    

    

    
      	 	
              5.3.2.2

            	
              appoint
                new auditors of the Company as nominated by the
                Purchaser;

            

    

    

    
      	 	
              5.3.3

            	
              cause
                such persons as the Purchaser may nominate to be appointed as directors
                of
                the Company and upon such appointment forthwith cause the Directors,
                and
                the secretary of the Company to resign from their respective offices
                and
                as employees, each delivering to the Purchaser a letter under seal
                in the
                form set out in Schedule 6 acknowledging that the person so retiring
                has
                no claim outstanding for compensation or otherwise against the
                Company;

            

    

    

    
      	 	
              5.3.4

            	
              revoke
                each existing mandate given by the Company of its bank accounts and
                pass
                such resolutions containing the new mandate(s) giving authority to
                such
                persons as the Purchaser may nominate to operate the
                same.

            

    

    

    
      	5.4	
              At
                Completion, the Purchaser shall:

            

    

    

    
      	 	
              5.4.1

            	
              pay
                the Initial Consideration (subject to adjustment in accordance with
                Clause
                7) to the Vendor or as the Vendor directs in writing by transfer
                of funds
                for same day value to such account as shall have been notified to
                the
                Purchaser by the Vendor at least three Business Days before the Completion
                Date;

            

    

    

    
      
        
        

      

      
        -
          11 -

        
          

        

      

      
        
        

      

    

    
      	 	
              5.4.2

            	
              deliver
                to the Vendor duly executed counterparts of the documents referred
                to in
                Clauses 5.3.1.2, 5.3.1.3, 5.3.1.4 and
                5.3.1.5;

            

    

    

    
      	
            	5.4.3	
              deliver
                to the Vendor the Deed of Guarantee duly executed by Mr. Lee Man
                Ban and
                Mr. Chan Po Sang and the Earn-out Guarantee duly executed by River
                Display
                Limited; 

            

    

    

    
      	 	
              5.4.4

            	
              deliver
                to the Vendor certified copies of any powers of attorney under which
                any
                of the documents referred to in this Clause 5.4 is executed or other
                evidence satisfactory to the Vendor of the authority of the person
                signing
                on the Purchaser’s behalf.

            

    

    

    
      	
              5.5

            	
              At
                Completion, the Vendor shall procure that the relevant transactions
                contemplated under the Asset Purchase Agreements are completed before
                the
                Completion of this Agreement.

            

    

    

    
      	
              5.6

            	
              Without
                prejudice to any other remedies available to each Party, if in any
                respect
                the provisions of this Clause 5 are not complied with by the other
                Party
                on the Completion Date the Party not in default may by giving a written
                notice to the other Party:

            

    

    

    
      	 	
              5.6.1

            	
              defer
                Completion to a date not more than 28 days after the Completion Date
                (and
                so that the provisions of this Clause 5.6 shall apply to Completion
                as so
                deferred); or

            

    

    

    
      	 	
              5.6.2

            	
              proceed
                to Completion so far as practicable (without prejudice to its rights
                under
                this Agreement); or

            

    

    

      
        	 	
                5.6.3

              	
                terminate
                  this Agreement and this Agreement shall immediately cease to be
                  of any
                  effect except for this Clause 5.6, Clauses 1, 12, 14, 15, 16.1
                  to 16.4, 17
                  and 18 which shall remain in
                  force.

              

      

    

      
        	
                5.7

              	
                If
                  either Party defers Completion to another date in accordance with
                  Clause
                  5.6.1, the provisions of this Agreement apply as if that other
                  date is the
                  Completion Date.

              

      

    

      
        	
                5.8

              	
                If
                  either Party terminates this Agreement pursuant to Clause 5.6.3,
                  each
                  party’s further rights and obligations cease immediately on termination,
                  but termination does not affect a party’s accrued rights and obligations
                  at the date of termination.

              

      

    

    
      	
              6.

            	
              Effective
                Date Accounts

            

    

    

    
      	
              6.1

            	
              A
                draft of the Effective Date Accounts (the “Draft
                Effective Date Accounts”)
                shall be prepared by the Vendor as soon as reasonably practicable
                and no
                later than 9 December 2005 (or such other date as the Parties may
                agree in
                writing) and such accounts:

            

    

    

    
      	 	
              6.1.1

            	
              shall
                be prepared in accordance with the provisions of Schedule 2 and,
                insofar
                as they do not conflict with the provisions of Schedule 2, on the
                same
                accounting bases and in accordance with the same accounting and valuation
                principles and practices as the Accounts;
                and

            

    

    

    
      
        
        

      

      
        -
          12 -

        
          

        

      

      
        
        

      

    

    
      	 	
              6.1.2

            	
              shall
                in all respects comply with current legislation and standard accounting
                principles and practice in Hong
                Kong.

            

    

    

    
      	
              6.2

            	
              On
                or before 9 December 2005 (or such later date as the Parties may
                agree in
                writing) , the Vendor shall submit the Draft Effective Date Accounts
                to
                the Purchaser’s Accountants who shall then conduct an audit applying the
                same bases and principles as referred to in Clause
                6.1.

            

    

    

    
      	
              6.3

            	
              If
                the Purchaser’s Accountants and the Vendor are able to agree to the form
                and content of the Draft Effective Date Accounts, the Draft Effective
                Date
                Accounts so agreed shall be the Effective Date Accounts.
                

            

    

    

    
      	
              6.4

            	
              If
                the Purchaser’s Accountants and the Vendor are unable to agree as to the
                form and content of the Draft Effective Date Accounts on or before
                16
                December 2005 (or such later date as the Parties may agree in writing),
                the matter may be referred by the Vendor or the Purchaser to an
                independent firm of chartered accountants appointed by agreement
                between
                the Vendor and the Purchaser or, failing such agreement, nominated
                by the
                President for the time being of the Hong Kong Society of Accountants
                on
                the application of the Vendor or the Purchaser and such independent
                firm
                of chartered accountants shall, by no later than 23 December
                2005,:

            

    

    

    
      	 	
              6.4.1

            	
              settle
                any matter in dispute, applying the same bases and principles as
                referred
                to in Clause 6.1 and (unless both the Vendor and the Purchaser shall
                otherwise direct in writing) determine the form and content of the
                Draft
                Effective Date Accounts; and

            

    

    

    
      	 	
              6.4.2

            	
              determine
                (if any) the form and content of the Draft Effective Date Accounts
                and
                such determination, shall, in the absence of manifest error, be final
                and
                binding on the Parties and such chartered accountants shall be deemed
                to
                act as experts and not as
                arbitrators.

            

    

    

    The
      Draft
      Effective Date Accounts as so determined by the independent firm of chartered
      accountants shall be the Effective Date Accounts for the purposes of this
      Agreement.

    

    
      	
              6.5

            	
              The
                costs of the Purchaser's Accountants in respect of the audit of the
                Draft
                Effective Date Accounts shall be borne by the Purchaser. The costs
                of the
                independent chartered accountant, if any, shall be borne by the Vendor
                and
                the Purchaser in equal share.

            

    

    

    
      
        
        

      

      
        -
          13 -

        
          

        

      

      
        
        

      

    

    
      	
              7.

            	
              Adjustment
                of Consideration

            

    

    

    
      	
              7.1

            	
              The
                Initial Consideration shall be reduced by the amount, if any, by
                which the
                net asset value of the Company (being the total net tangible assets
                less
                total liabilities) as shown in the Effective Date Accounts falls
                short of
                the amount of US$1,893,000.00.

            

    

    

    
      	
              7.2

            	
              The
                Initial Consideration shall be increased by the amount, if any, by
                which
                the net asset value of the Company (being the total net tangible
                assets
                less total liabilities) as shown in the Effective Date Accounts exceeds
                the amount of US$1,893,000.00.

            

    

    

    
      	
              7.3

            	
              The
                sum of US$4,000,000.00 to be settled by way of the Promissory Note
                shall
                be adjusted based on the amount of tax liabilities incurred by the
                Company
                calculated at 17.5% in respect of profits generated by the Company
                for the
                period from the Accounting Date to the Completion Date as shown in
                the
                Effective Date Accounts; and the amount payable for each of the eight
                quarterly instalments pursuant to the Promissory Note shall be adjusted
                on
                a pro rata basis.

            

    

    

    
      	
              7.4

            	
              In
                the event that the Margin in respect of Non-Conair Sales of the Company
                for the 12-month period ending on 30 November 2006 is less than
                US$2,700,000.00 and the Tire Gauge Sales of the Company for the 12-month
                period ending on 30 November 2006 is less than US$10,000,000.00,
                the
                Retained Consideration shall be reduced in the following
                manner:

            

    

    

    
      	 	
              7.4.1

            	
              as
                to US$3,000,000.00 of the Retained Consideration in relation to the
                Non-Conair Sales, such reduction shall be calculated in accordance
                with
                the following formula:

            

    

     

    
      	US$3,000,000.00
              x 	
              US$2,700,000.00

            
	 	
              A

            

    

     

    where
“A”
      represents the Margin of the sale in respect of the Company's Non-Conair Scales
      for the 12-month period ending on 30 November 2006.

    

    
      	 	
              7.4.2

            	
              as
                to US$2,000,000.00 of the Retained Consideration in relation to the
                Tire
                Gauge Sales, such reduction shall be calculated in accordance with
                the
                following formula:

            

    

     

    
      	US$2,000,000.00
              x	
              B

            
	 	
              C

            

    

    

    where
“B”
      represents any dollar increase of the Tire Gauge Sales of the Company for the
      12-month period ending on 30 November 2006 from the sum of US$8,000,000.00
      (up
      to US$10,000,000.00); and

    

    where
“C”
      represents the difference between US$8,000,000.00 and
      US$10,000,000.00.

    

    
      
        
        

      

      
        -
          14 -

        
          

        

      

      
        
        

      

    

    
      	 	 	
              For
                the avoidance of doubt, the calculation of the adjustment and the
                adjustment itself in relation to the Retained Consideration in respect
                of
                the Non-Conair Sales in Clause 7.4.1 and Tire Gauge Sales in Clause
                7.4.2
                are mutually exclusive and the adjustment amount cannot be more than
                US$3,000,000.00 and US$2,000,000.00 with respect to Clauses 7.4.1
                and
                7.4.2 respectively.

            

    

    

    
      	
              7.5

            	
              For
                the purpose of Clause 7.4,

            

    

    

    
      	 	
              7.5.1

            	
              “Cost”
                shall mean:

            

    

    

    
      	
            	7.5.1	
              for
                products that are manufactured by a third party manufacturer, the
                amount
                shown on the invoice issued to the Company by such third party
                manufacturer and

            

    

    

    
      	
            	7.5.2	
              for
                products that are manufactured by a Purchaser’s Group Company, the amount
                that would otherwise have been shown on the invoice that would have
                been
                issued to the Company by a third party manufacturer.

            

    

    

    
      	 	
              7.5.2

            	
              “Margin”
                shall mean the aggregate amount of Non-Conair Sales less the Cost
                of the
                Non-Conair Sales;

            

    

    

    
      	 	
              7.5.3

            	
              “Non-Conair
                Sales”
                shall mean the sale of scale products by the Company to its customers
                other than Conair Corporation, a company incorporated in the United
                States
                of America, and its affiliates;

            

    

    

    
      	 	
              7.5.4

            	
              “Tire
                Gauge Sales”
                shall mean the aggregate amount of sales of the Company in relation
                to the
                Tire Gauge Business for the 12-month period ending on 30 November
                2006.

            

    

    

    
      	7.6	
              Adjustment

            

    

    

    
      	 	
              7.6.1

            	
              The
                adjustments to the Retained Consideration (if any) contemplated under
                Clause 7.4 shall be made by no later than 15 December 2006. On or
                before
                15 December 2006, the Purchaser shall notify the Vendor in writing
                of any
                reduction to the Retained Consideration (“Reduction”)
                in accordance with Clause 7.4 and shall provide the Vendor with
                documentary and other evidence supporting the calculation of the
                Reduction.

            

    

    

    
      	 	
              7.6.2

            	
              At
                the request of the Vendor, the Purchaser shall give and shall procure
                that
                the Vendor or any persons authorised by it will for the purpose of
                satisfying the accuracy of the Reduction be given such access to
                the
                premises and all books, records and accounts of the Company as the
                Vendor
                may reasonably request.

            

    

    

    
      	
            	7.6.3	
              In
                the event that the Vendor does not agree with the amount of Reduction
                as
                notified by the Purchaser pursuant to Clause 7.6.1, the Parties shall
                use
                their respective reasonable endeavours to resolve any
                difference,

            

    

    

    
      
        
        

      

      
        -
          15 -

        
          

        

      

      
        
        

      

    

    
      	 	
              7.6.4

            	
              In
                the event that the Parties are unable to agree to the amount of the
                Reduction by 20 December 2006, the matter may be referred by the
                Vendor or
                the Purchaser to an independent firm of chartered accountants appointed
                by
                agreement between the Vendor and the Purchaser or, failing such agreement,
                nominated by the President for the time being of the Hong Kong Society
                of
                Accountants on the application of the Vendor or the Purchaser and
                such
                independent firm of chartered accountants shall by no later than
                1 January
                2007, settle any matter in dispute, and (unless both the Vendor and
                the
                Purchaser shall otherwise direct in writing) determine the amount
                of the
                Reduction in accordance with the provisions of Clause 7.4; and the
                determination of such independent firm of chartered accountants shall
                in
                the absence of manifest error, be final and binding on the Parties
                and
                such chartered accountants shall be deemed to act as experts and
                not as
                arbitrators.

            

    

    

    
      	
              8.

            	
              Non-competition
                undertaking

            

    

    

    
      	
              8.1

            	
              The
                Vendor undertakes with the Purchaser (for itself and as agent and
                trustee
                for the Company) that, except with the consent in writing of the
                Purchaser
                and subject to the provisions of Clause
                8.4:

            

    

    

    
      	 	
              8.1.1

            	
              for
                the period of three years after Completion it will not within any
                country
                or place in which the Company has carried on business during the
                year
                preceding the Completion either on its own account or in conjunction
                with
                or on behalf of any person, firm or company carry on or be engaged,
                concerned or interested, directly or indirectly, in carrying on any
                business carried on by the Company within such preceding year (other
                than
                as a holder of not more than 5 per cent of the issued share or debentures
                of any company listed on a recognised stock exchange). For the avoidance
                of doubt, the business carried on by the Company shall include the
                Tire
                Gauge Business;

            

    

    

    
      	 	
              8.1.2

            	
              for
                the period of three years after Completion it will not within any
                country
                or place sell loadcells and/or license its Microfused Technology
                for the
                production and manufacture of loadcells to any of the following scale
                companies: Fooktin Technologies Limited, Bonso Electronics Limited,
                Precision Press Limited, Management Investment & Technology Company
                Ltd, Charder Electronic Company, Beaverite, Camry Industries (HK)
                Limited,
                Kenwell Industries Company, Shine (HK) Development Limited and Tanita
                Corporation, or the Affiliates (other than Affiliates not in the
                scale
                business), successors or assigns of any of these
                companies.

            

    

    

    For
      the
      avoidance of doubt, after Completion, the Vendor and the Vendor's Group
      Companies are not prohibited or restricted from competing with the Company
      in
      relation to any business or products which are manufactured by the Company
      using
      any technology not licensed to it by the Vendor.

    

    
      
        
        

      

      
        -
          16 -

        
          

        

      

      
        
        

      

    

    
      	
              8.2

            	
              The
                Purchaser undertakes with the Vendor (for itself and as agent and
                trustee
                for each Vendor’s Group Company) that, except with the consent in writing
                of the Vendor and subject to the provisions of Clause
                8.4:

            

    

    

    
      	 	
              8.2.1

            	
              (i)
                it
                will not at any time hereafter sell or offer for sale loadcells produced
                or manufactured using the Vendor’s Microfused Technology as stand alone
                parts; or (ii)
                use the Vendor's Microfused Technology for manufacture of loadcell
                products used as pressure sensors or sensors which are competitive
                to the
                business of any Vendor’s Group
                Company;

            

    

    

    
      	 	
              8.2.2

            	
              for
                the period of three years after Completion it will limit its sale,
                in any
                country or place, of loadcells produced or manufactured using the
                Vendor’s
                Microfused Technology, to loadcells (i) incorporated in end products
                for
                Scale Use, or (ii) incorporated in end products other than for Scale
                Use
                and exclusively for Home Use and not used as pressure sensors or
                products
                competitive with the business of Vendor, or (iii) incorporated in
                subassemblies for Scale Use, including but not limited to, loadcell
                plus
                module, loadcell in a plastic housing, loadcell plus an electronic
                circuit
                and loadcell packaged in housing plus module, or (iv) incorporated
                in
                subassemblies other than for Scale Use and exclusively for Home Use
                and
                not used as pressure sensors or sensors which are competitive to
                the
                business of any Vendor’s Group Company, thereafter, the Company, the
                Purchaser or any of the Purchaser’s Group Company may sell or offer to
                sell loadcells produced or manufactured using the Vendor’s Microfused
                Technology, either (1) sold incorporated in end products for Scale
                Use, or
                (2) sold incorporated in subassemblies for Scale Use, including but
                not
                limited to, loadcell plus module, loadcell in a plastic housing,
                loadcell
                plus an electronic circuit and loadcell packaged in housing plus
                module,
                or (3) sold incorporated in end products not used as a pressure sensor
                or
                sensors which are competitive to any Vendor’s Group Company or (4) sold
                incorporated in subassemblies not used as a pressure sensor or sensors
                which are competitive to any Vendor’s Group Company.

            

    

    

    For
      the
      avoidance of doubt, the Company, the Purchaser or any member of the Purchaser’s
      Group Company are not prohibited or restricted from competing with the Vendor
      or
      any member of the Vendor’s Group Companies in relation to the development, sale,
      manufacture, promotion, marketing, distribution, import and export of loadcells
      which are manufactured not using the Microfused Technology.

    

    
      	
              8.3

            	
              Each
                Party shall use its best endeavours to procure that all companies
                directly
                or indirectly owned or Controlled by each party shall be bound by
                and
                observe the provisions of this Clause 8 as if they were parties
                covenanting with the other party in the same
                terms.

            

    

    

    
      	
              8.4

            	
              While
                the restrictions contained in this Clause 8 are considered by the
                Parties
                to be reasonable in all the circumstances, it is recognised that
                restrictions of the nature in question may fail for technical reasons
                and
                accordingly it is hereby agreed and declared that if any of such
                restrictions shall be adjudged to be void as going beyond what is
                reasonable in all the circumstances for the protection of the legitimate
                interests of the Purchaser or the Vendor, as the case may be, but
                would be
                valid if part of the wording thereof were deleted or the periods
                thereof
                reduced or the range of activities or area dealt with thereby reduced
                in
                scope the said restriction shall apply with such modifications as
                may be
                necessary to make it valid and
                effective.

            

    

    

    
      
        
        

      

      
        -
          17 -

        
          

        

      

      
        
        

      

    

    
      	
              9.

            	
              Warranties
                and Indemnities

            

    

    

    
      	
              9.1

            	
              The
                Vendor represents and warrants to the Purchaser that each of the
                statements set out in Schedule 3 is now and will at Completion be
                true and
                accurate.

            

    

    

    
      	
              9.2

            	
              The
                Warranties are given subject to matters fairly disclosed in the Disclosure
                Letter, the Accounts or any of the documents annexed to the Disclosure
                Letter.

            

    

    

    
      	
              9.3

            	
              The
                Vendor acknowledges that the Purchaser has entered into this Agreement
                in
                reliance upon the Warranties and has been induced by them to enter
                into
                this Agreement.

            

    

    

    
      	
              9.4

            	
              Without
                restricting the rights of the Purchaser or otherwise affecting the
                ability
                of the Purchaser to claim damages on any other basis available to
                it, in
                the event that any of the Warranties is broken or (as the case may
                be)
                proves, by way of mutual agreement between the Purchaser and the
                Vendor,
                or, if mutual agreement cannot be reached, adjudged by a court of
                competent jurisdiction, to be untrue or misleading, the Vendor shall,
                on
                demand, pay to the Purchaser or, at the Purchaser’s direction, the
                Company, the amount necessary to put the Company into the position
                which
                would have existed if the Warranties had not been broken or (as the
                case
                may be) had been true and not
                misleading.

            

    

    

    
      	9.5	
              Notwithstanding
                any other provisions in the Agreement, the Vendor hereby agrees to
                indemnify the Purchaser against and hold the Purchaser harmless from
                all
                damages or losses suffered by the Purchaser as a result
                of:

            

    

    

    
      	
            	9.5.1	
              the
                patent infringement litigation by the SEB Group as disclosed under
                Warranty number 9.2(1) of the Specific Disclosures in Part B of the
                Disclosure Letter; and

            

    

    

    
      	 	
              9.5.2

            	
              the
                billing dispute between the Company and Precision Press Limited as
                disclosed under Warranty number 9.3(1) of the Specific Disclosures
                in Part
                B of the Disclosure Letter;

            

    

    

    provided,
      however, that Purchaser shall (i) promptly notify Vendor in writing of any
      suits, actions, proceedings and/or claims received by or instituted against
      Purchaser and relating to damages and losses indemnified pursuant to this
      Section 9.5, and (ii) provide to Vendor all reasonably available information,
      assistance and authority to defend and/or settle any such suit, action,
      proceeding and/or claim, however, reserving unto Purchaser the right to:
      participate in any defense to the extent that, in its judgment, Purchaser may
      be
      prejudiced thereby, and approve any settlement offer made by or to Vendor which
      may affect Purchaser’s rights or interests. 

    

    
      
        
        

      

      
        -
          18 -

        
          

        

      

      
        
        

      

    

    
      	
              9.6

            	
              Each
                of the Warranties shall be separate and independent and, save as
                expressly
                provided to the contrary, shall not be limited by reference to or
                inference from any other Warranty or any other term of this
                Agreement.

            

    

    

    
      	
              9.7

            	
              Unless
                otherwise expressly provided where any statement in the Warranties
                is
                qualified by the expression “so far as the Vendor is aware” or “to the
                best of the Vendor’s knowledge and belief” or any similar expression, that
                statement shall be deemed to include an additional statement that
                it has
                been made after reasonable enquiry.

            

    

    

    
      	
              9.8

            	
              The
                Vendor hereby agrees with the Purchaser (for itself and as trustee
                for the
                Company) to waive any rights which it may have in respect of any
                misrepresentation or inaccuracy in, or omission from, any information
                or
                advice supplied or given by the Company or its officers or employees
                (except for any fraud or wilful concealment on the part of the Company’s
                officers or employees) in connection with the giving of the Warranties
                and
                preparation of the Disclosure
                Letter.

            

    

    

    
      	
              9.9

            	
              The
                Vendor hereby agrees to disclose promptly to the Purchaser in writing
                immediately upon becoming aware of the same, any matter, event or
                circumstance (including any omission to act) which may arise and
                become
                known to it after the date of this Agreement and before Completion
                which:-

            

    

    

    
      	 	
              9.9.1

            	
              constitutes
                a breach of or is inconsistent with any of the Warranties;
                or

            

    

    

    
      	 	
              9.9.2

            	
              has,
                or is likely to have, an adverse effect on the financial position
                or
                prospects of the Company.

            

    

    

    
      	
              9.10

            	
              In
                the event of its becoming apparent on or before Completion that the
                Vendor
                is in material breach of any of the Warranties or any other term
                of this
                Agreement the Purchaser may terminate this Agreement by notice in
                writing
                to the Vendor.

            

    

    

    
      	9.11	
              The
                liabilities of the Vendor under the
                Warranties:-

            

    

    

    
      	 	
              9.11.1

            	
              shall
                cease after two (2) years from the Completion Date except in respect
                of
                matters which have been the subject of a Relevant Claim made before
                such
                date by the Purchaser to the Vendor and except in respect of matters
                relating to Intellectual Property;

            

    

    

    
      	 	
              9.11.2

            	
              shall
                be limited to a maximum aggregate amount of the then remaining amount
                that
                is due from time to time of the Retained Consideration, unless in
                each
                case the Relevant Claim or Relevant Claims has/have arisen by reason
                of
                fraud or wilful concealment on the part of the Vendor or on the part
                of
                any officer of the Company or of the Vendor prior to the date of
                this
                Agreement.

            

    

    

    
      	
              9.12

            	
              No
                claim shall be brought against the Vendor unless written particulars
                thereof (stating in reasonable detail the specific matters in respect
                of
                which the Relevant Claim is made and, if practicable, the amount
                claimed)
                shall have been notified in writing to the Vendor before the expiry
                of a
                period of two (2) years from the Completion
                Date.

            

    

     

    
      
        
        

      

      
        -
          19 -

        
          

        

      

      
        
        

      

    

      
        	
                9.13

              	
                The
                  Vendor is not liable in respect of a Relevant
                  Claim:

              

      

    

      
        	 	
                9.13.1

              	
                unless
                  the amount that would otherwise be recoverable from the Vendor
                  (but for
                  this Clause 9.13.1) in respect of that Relevant Claim exceeds
                  US$100,000.00; and

              

      

    

      
        	 	
                9.13.2

              	
                unless
                  and until the amount that would otherwise be recoverable from the
                  Vendor
                  (but for this Clause 9.13.2) in respect of that Relevant Claim,
                  when
                  aggregated with any other amount or amounts recoverable in respect
                  of
                  other Relevant Claims (excluding any amounts in respect of a Relevant
                  Claim for which the Vendor has no liability because of Clause 9.13.1),
                  exceeds US$1,000,000.00 and in the event that the aggregated amounts
                  exceed US$1,000,000.00 the Vendor shall only be liable for the
                  excess.

              

      

    

    
      	
              9.14

            	
              A
                Relevant Claim notified in accordance with Clause 9.12 and not satisfied,
                settled or withdrawn is unenforceable against the Vendor on the expiry
                of
                the period of six (6) months starting on the day of notification
                of the
                Relevant Claim, unless proceedings in respect of the Relevant Claim
                have
                been properly issued and validly served on the
                Vendor.

            

    

    

    
      	
              9.15

            	
              The
                Vendor is not liable in respect of a Relevant
                Claim:

            

    

    

    
      	 	
              9.15.1

            	
              to
                the extent that the matter giving rise to the Relevant Claim would
                not
                have arisen but for the passing of, or a change in, a law, rule,
                regulation, interpretation of the law or administrative practice
                of a
                government, governmental department, agency or regulatory body after
                the
                date of this Agreement or an increase in the Tax rates or an imposition
                of
                Tax, in each case not actually or prospectively in force at the date
                of
                this Agreement;

            

    

    

    
      	 	
              9.15.2

            	
              to
                the extent that the matter giving rise to the Relevant Claim arises
                wholly
                or partially from an Event before or after Completion at the request
                or
                direction of, or with the consent of, a Purchaser's Group Company
                (which
                for these purposes includes the Company only after Completion) or
                an
                authorised agent or adviser of a Purchaser's Group
                Company;

            

    

    

    
      	 	
              9.15.5

            	
              to
                the extent that the matter giving rise to the Relevant Claim, was
                taken
                into account in computing the amount of an allowance, provision or
                reserve
                in the Accounts or the Effective Date Accounts or was specifically
                referred to in the Accounts or the Effective Date Accounts or in
                accordance with generally accepted accounting principles, has not
                been so
                taken account of or referred to;

            

    

    

    
      	 	
              9.15.8

            	
              to
                the extent that the matter giving rise to the Relevant Claim would
                not
                have arisen but for:

            

    

    

    
      	
            	(a)	
              a
                claim, election, surrender or disclaimer made, or notice or consent
                given,
                or another thing done, after Completion under, or in connection with,
                a
                provision of an enactment or regulation relating to Tax by a Purchaser's
                Group Company the making, giving or doing of which was not taken
                into
                account in computing a provision for Tax in the Accounts or the Effective
                Date Accounts; or

            

    

    

    
      
        
        

      

      
        -
          20 -

        
          

        

      

      
        
        

      

    

    
      	
            	(b)	
              the
                Company's failure or omission to make a claim, election, surrender
                or
                disclaimer, or give a notice, or consent or do another thing, under,
                or in
                connection with, a provision of an enactment or regulation relating
                to Tax
                after Completion, the anticipated making, giving or doing of which
                was
                taken into account in computing the provision for Tax in the Accounts
                or
                the Effective Date Accounts.

            

    

    

    
      	
              9.16

            	
              The
                Purchaser is not entitled to recover more than once in respect of
                any one
                matter giving rise to a Relevant
                Claim.

            

    

    

    
      	
              9.17

            	
              If
                the Purchaser becomes aware of a matter which constitutes or which
                would
                or might give rise to a Relevant
                Claim:

            

    

    

    
      	 	
              9.17.1

            	
              the
                Purchaser shall immediately give notice to the Vendor of the matter
                and
                shall consult with the Vendor with respect to the
                matter;

            

    

    

    
      	 	
              9.17.2

            	
              the
                Purchaser shall, and shall ensure that each Purchaser’s Group Company
                will, provide to the Vendor and its advisers reasonable access during
                normal business hours to premises and personnel and to relevant assets,
                documents and records within the power or control of each Purchaser’s
                Group Company for the purposes of investigating the matter and enabling
                the Vendor to take the action referred to in Clause
                9.17.4(a);

            

    

    

    
      	 	
              9.17.3

            	
              the
                Vendor (at its cost) may take copies of the relevant documents or
                records,
                and photograph the premises or assets at reasonable hours, referred
                to in
                Clause 9.17.2;

            

    

    

    
      	 	
              9.17.4

            	
              the
                Purchaser shall, and shall ensure that each Purchaser's Group Company
                will:

            

    

    

    
      	
            	(a)	
              take
                any action and institute any proceedings, and give any information
                and
                assistance, as the Vendor may reasonably request
                to:

            

    

    

    
      	
            	(i)	
              avoid,
                dispute, resist, appeal, compromise, defend, remedy or mitigate the
                matter; or

            

    

    

    
      	
            	(ii)	
              enforce
                against a person (other than a Vendor's Group Company) the rights
                of a
                Purchaser's Group Company in relation to the matter;
                and

            

    

    

    
      	
            	(b)	
              in
                connection with proceedings related to the matter (other than against
                a
                Vendor's Group Company) use advisers nominated by the Vendor and,
                if the
                Vendor requests, allow the Vendor the exclusive conduct of the proceedings
                in consultation with the Purchaser,

            

    

    

    
      
        
        

      

      
        -
          21 -

        
          

        

      

      
        
        

      

    

    and
      in
      each case on the basis that the Vendor shall fully indemnify the Purchaser,
      and
      keep the Purchaser fully indemnified, on demand against all reasonable costs
      incurred as a result of a request or nomination by the Vendor.

    

    
      	 	
              9.17.5

            	
              the
                Purchaser shall not, and shall ensure that no Purchaser's Group Company
                will, admit liability in respect of, or compromise or settle, the
                matter
                without the prior written consent of the
                Vendor.

            

    

    

    
      	9.18	
              In
                assessing any damages or other amounts recoverable for a Relevant
                Claim
                there shall be taken into account any corresponding savings by, or
                net
                benefit to, a Purchaser's Group
                Company.

            

    

    

    
      	9.19	
              If
                the Vendor pays to a Purchaser's Group Company an amount in respect
                of a
                Relevant Claim and the Purchaser or a Purchaser's Group Company
                subsequently recovers from another person an amount which is referable
                to
                the matter giving rise to the Relevant
                Claim:

            

    

    

    
      	 	
              9.19.1

            	
              if
                the amount paid by the Vendor in respect of the Relevant Claim is
                more
                than the Sum Recovered, the Purchaser shall immediately pay to the
                Vendor
                the Sum Recovered; and

            

    

    

    
      	 	
              9.19.2

            	
              if
                the amount paid by the Vendor in respect of the Relevant Claim is
                less
                than or equal to the Sum Recovered, the Purchaser shall immediately
                pay to
                the Vendor an amount equal to the amount paid by the
                Vendor.

            

    

    

    
      	9.20	
              For
                the purposes of Clause 9.19, "Sum Recovered" means an amount equal
                to the
                total of the amount recovered from the other person less any Tax
                computed
                by reference to the amount recovered from the person payable by a
                Purchaser's Group Company and less all reasonable costs incurred
                by a
                Purchaser's Group Company in recovering the amount from the
                person.

            

    

    

    
      	9.21	
              Nothing
                in this Agreement restricts or limits the Purchaser's general obligation
                at law to mitigate any loss or damage which it may incur in consequence
                of
                a matter giving rise to a Relevant
                Claim.

            

    

    

    
      	9.22	
              If,
                at any time after the date of this Agreement, the Vendor wants to
                insure
                against its liabilities in respect of Relevant Claims, the Purchaser
                shall
                provide such information as a prospective insurer may reasonably
                require
                before effecting the insurance.

            

    

    

    
      	9.23	
              The
                Purchaser shall, and shall ensure that the Company will, preserve
                all
                documents, records, correspondence, accounts and other information
                whatsoever relevant to a matter which may give rise to a Relevant
                Claim.

            

    

    

    
      	9.24	
              If
                the Purchaser or the Company becomes aware
                that:

            

    

    

    
      	 	
              9.24.1

            	
              any
                provision for Tax in the Accounts or the Effective Date Accounts
                is likely
                to be an overprovision (an "Overprovision");
                or

            

    

    

    
      	 	
              9.24.2

            	
              the
                Company is entitled to any repayment of Tax overpaid by the Company
                (other
                than a repayment which has been shown as an asset in the Accounts
                or the
                Effective Date Accounts) and/or any interest in respect of any period
                before Completion (a "Repayment"),

            

    

    

    
      
        
        

      

      
        -
          22 -

        
          

        

      

      
        
        

      

    

    the
      Purchaser shall immediately give written details thereof to the Vendor and
      the
      Vendor may upon receiving such notice, or in the absence of such notice, at
      any
      time request the auditors for the time being of the Company to certify (at
      the
      expense of the Vendor) the amount of such Overprovision or Repayment, and the
      amount so certified shall be dealt with in accordance with Clause
      9.25.

    

    
      	9.25	
              Where
                it is provided under Clause 9.24 that any amount (the "Relevant
                Amount")
                is to be dealt with in accordance with this
                Clause:

            

    

    

    
      	 	
              9.25.1

            	
              the
                Relevant Amount shall first be set off against any payment then due
                from
                the Vendor in respect of a Relevant Claim;

            

    

    

    
      	 	
              9.25.2

            	
              to
                the extent that there is an excess, a refund shall be made to the
                Vendor
                of any previous payment or payments made in respect of a Relevant
                Claim
                and not previously refunded under this Clause up to the amount of
                such
                excess; and

            

    

    

    
      	 	
              9.25.3

            	
              to
                the extent that the excess referred to in Clause 9.25.2 is not exhausted
                under that Clause, the remainder of that excess shall be carried
                forward
                and set off against future payment or payments which become due from
                the
                Vendor in respect of a Relevant
                Claim.

            

    

    

    
      	
              9.26

            	
              If
                any sum payable by the Vendor under this Clause 9 shall be subject
                to Tax
                (whether by way of deduction or withholding or direct assessment
                of the
                person entitled thereto) such payment shall be increased by such
                an amount
                as shall ensure that after deduction, withholding or payment of such
                Tax
                the recipient shall have received a net amount equal to the payment
                otherwise required hereby to be
                made.

            

    

    

    
      	
              9.27

            	
              If
                any potential Relevant Claim arises by reason of a liability which
                is
                contingent only or otherwise not capable of being quantified, the
                Purchaser shall not be entitled to enforce a Relevant Claim until
                such
                liability ceases to be contingent and becomes actual or capable of
                being
                quantified.

            

    

    

      
        	
                10.

              	
                The
                  Purchaser’s Remedies

              

      

    

      
        	10.1	
                Notwithstanding
                  that the Purchaser becomes aware at any time after Completion (whether
                  or
                  not by reason of the Disclosure Letter or any of the documents
                  annexed to
                  the Disclosure Letter)of
                  a fact or circumstance which gives rise to or which would or might
                  give
                  rise to a Relevant Claim;
                  the
                  Purchaser shall not be entitled to rescind this Agreement or treat
                  this
                  Agreement as terminated but shall only be entitled to claim damages
                  in
                  respect of such matter and, accordingly, the Purchaser waives all
                  and any
                  rights of rescission it may have in respect of any such matter
                  (howsoever
                  arising or deemed to arise), other than any such rights in respect
                  of
                  fraud.

              

      

    

    
      
        
        

      

      
        -
          23 -

        
          

        

      

      
        
        

      

    

      
        	
                11.

              	
                The
                  Purchaser’s Warranties
                  And Undertakings

              

      

    

      
        	
                11.1

              	
                The
                  Purchaser represents and warrants to the Vendor
                  that:

              

      

    

      
        	 	
                11.1.1

              	
                the
                  Purchaser has the right, power and authority, and has taken all
                  action
                  necessary, to execute, deliver and exercise its rights and perform
                  its
                  obligations under this Agreement and each document to be executed
                  at or
                  before Completion to which it is expressed to be a party (the
                  “Purchaser’s
                  Completion Documents”);

              

      

    

      
        	 	
                11.1.2

              	
                the
                  Purchaser’s obligations under this Agreement and the Purchaser’s
                  Completion Documents are, or when the relevant Purchaser’s Completion
                  Document is executed will be, enforceable in accordance with their
                  respective terms;

              

      

    

      
        	 	
                11.1.3

              	
                the
                  execution and delivery of, and the performance by the Purchaser
                  of its
                  obligations under, this Agreement and the Purchaser’s Completion Documents
                  will not:

              

      

    

      
        	
              	(a)	
                result
                  in a breach of any provision of the memorandum or articles of association
                  or by-laws or equivalent constitutional documents of the
                  Purchaser;

              

      

    

      
        	
              	(b)	
                result
                  in a breach of, or constitute a default under, any instrument to
                  which it
                  is a party or by which the Purchaser is bound and which is material
                  in the
                  context of the transactions contemplated by this
                  Agreement;

              

      

    

      
        	
              	(c)	
                result
                  in a breach of any order, judgment or decree of any court or governmental
                  agency to which the Purchaser is a party or by which it is bound
                  or
                  submits; or

              

      

    

    
      	
            	(d)	
              require
                the Purchaser to obtain any consent or approval of, or give any notice
                to
                or make any registration with, any governmental or other authority
                which
                has not been obtained or made at the date hereof both on an unconditional
                basis and on a basis which cannot be revoked (save pursuant to any
                legal
                or regulatory entitlement to revoke the same other than by reason
                of any
                misrepresentation or misstatement);
                and

            

    

    

    
      	 	
              11.1.4

            	
              the
                Purchaser is not aware as at the date of this Agreement of any fact,
                matter or circumstance which might entitle the Purchaser either at
                Completion or with the passing of time to make a Relevant Claim against
                the Vendor.

            

    

    

      
        	
                11.2

              	
                The
                  Purchaser undertakes to the Vendor for itself and as agent and
                  trustee for
                  each other Vendor’s Group
                  Undertaking
                  that (in the absence of fraud) the
                  Purchaser:

              

      

    

    
      	 	
              11.2.1

            	
              has
                no rights against; and

            

    

    

    
      
        
        

      

      
        -
          24 -

        
          

        

      

      
        
        

      

    

      
        	 	
                11.2.2

              	
                may
                  not make any claim against

              

      

    

    any
      employee, director, agent, officer or adviser of the Company on whom it may
      have
      relied before agreeing to any term of, or entering into, this Agreement or
      any
      other agreement or document referred to herein.

    

    
      	
              11.3

            	
              The
                Purchaser represents
                and warrants to the Vendor that at
                Completion it will have immediately available on an unconditional
                basis
                (subject only to Completion) the necessary cash resources to meet
                its
                obligations under this Agreement and the Purchaser’s Completion
                Documents.

            

    

    

    
      	
              11.4

            	
              During
                the 12-month period ending on 30 November 2006, the Purchaser shall
                procure that the Company shall not (save with the prior written consent
                of
                the Vendor, such consent not to be unreasonably withheld or
                delayed):

            

    

    

    
      	 	
              11.4.1

            	
              sell,
                transfer, assign or otherwise dispose of a material part of its assets
                or
                undertaking (or any interest therein) or contract so to do in respect
                of
                Non-Conair Business or Tire Gauge
                Business;

            

    

    

    
      	 	
              11.4.2

            	
              alter
                the nature of its Non-Conair Business and Tire Gauge
                Business;

            

    

    

    
      	 	
              11.4.3

            	
              commence
                any action for winding up or dissolution;

            

    

    

    
      	 	
              11.4.4

            	
              save
                in the event of fraud or other gross misconduct, dismiss any key
                employee;
                

            

    

    

    
      	 	
              11.4.5

            	
              and
                shall procure that no Purchaser’s Group Company shall, by any positive act
                divert away from the Company any existing customer of the Non-Conair
                Business or the Tire Gauge Business
                .

            

    

    

    
      	
              11.5

            	
              For
                the purpose of Clause 11.4, “Non-Conair
                Business”
                shall mean the business of supplying scales by the Company to its
                customers other than Conair Corporation, a company incorporated in
                the
                United States of America, and its
                affiliates.

            

    

    

    
      	
              12.

            	
              Restriction
                on Announcements

            

    

    

    Each
      of
      the Parties undertakes that prior to or after Completion it will not (save
      as
      required by law or by any securities exchange or any supervisory or regulatory
      body to whose rules any of the Parties is subject) make any announcement in
      connection with this Agreement unless the other Parties shall have given their
      respective consents to such announcement (which consents may not be unreasonably
      withheld or delayed and may be given either generally or in a specific case
      or
      cases and may be subject to conditions).

    

    
      	
              13.

            	
              Pre-Completion
                Obligations and Post-Completion
                Obligations

            

    

    

    
      	
              13.1

            	
              The
                Vendor shall procure that the business of the Company is operated
                until
                Completion in the same manner as it was operated prior
                hereto.

            

    

    

    
      	
              13.2

            	
              As
                from the date of this Agreement, the Vendor shall give and shall
                procure
                that the Purchaser or any persons authorised by it will for the purpose
                of
                satisfying itself as to the accuracy of the Warranties be given such
                access to the premises and all books, title deeds, records and accounts
                of
                the Company as the Purchaser may reasonably request and be permitted
                to
                take copies of any such books, deeds, records and accounts and that
                the
                Directors and employees of the Company shall be instructed to give
                promptly all such information and explanations to any such persons
                as
                aforesaid as may be requested by it or
                them.

            

    

    

    
      
        
        

      

      
        -
          25 -

        
          

        

      

      
        
        

      

    

    
      	
              13.3

            	
              The
                Vendor will, for a period of 18 months after Completion, and at the
                request of the Purchaser, and subject to the availability of the
                necessary
                and relevant documents, information or records, provide for free
                any and
                all Knowhow and technical assistance to the Purchaser, any member
                of the
                Purchaser's Group Company and the Company, for the setting up of
                a
                loadcell production line, such technical assistance, which shall
                include,
                but is not limited to following:

            

    

    

    
      	 	
              13.3.1

            	
              vendor
                list, part numbers, contact information for all materials and suppliers
                used in all aspect of loadcell
                productions;

            

    

    

    
      	 	
              13.3.2

            	
              complete
                drawing package, technical details, materials, methods, apparatus,
                process
                work instructions for saw, ETCH / release of strain gauge from
                wafer;

            

    

    

    
      	 	
              13.3.3

            	
              ability
                to order and/or duplicate any custom equipment developed by the Vendor
                used in all processes from die fab to actual loadcell
                production;

            

    

    

    
      	 	
              13.3.4

            	
              ability
                to build tools for fabricating loadcell substrate and documentation
                package for loadcell manufacturing;

            

    

    

    
      	 	
              13.3.5

            	
              test
                procedures and data for in process WIP as well as final
                part;

            

    

    

    
      	 	
              13.3.6

            	
              qualification
                test regimes and test data;

            

    

    

    
      	 	
              13.3.7

            	
              follow
                up support.

            

    

    

    
      	
              13.4

            	
              The
                Vendor undertakes to transfer, or to use its best endeavours to procure
                the transfer, by way of assignment, license or sub-license, as
                appropriate, all Intellectual Property rights that are used, or required
                to be used, in the conduct of the business as currently conducted
                by the
                Company and/or the Vendor’s Group Company relating to the development,
                manufacture, marketing, sale, distribution and promotion of scales
                and the
                Tire Gauge Business, including all rights of the same or similar
                effect or
                nature and which now or in the future may subsist.
                

            

    

    

    
      	
              13.5

            	
              The
                Vendor will, within three years of Completion, disclose to the Purchaser,
                any of the Purchaser’s Group Company and the Company, any and all
                improvements to the loadcell Knowhow and technology specifically
                designed
                for loadcells to be used in products consistent to those produced
                by the
                Company or the Vendor during the period of 18 (eighteen) months prior
                to
                the Completion Date, applicable in the field of scales and tire gauges,
                and shall license Purchaser, any of the Purchaser’s Group Company and the
                Company to use such improvements, on a non-exclusive, royalty-free
                basis,
                subject to the provisions of Section 8.2.2 hereof. 

            

    

    

    
      
        
        

      

      
        -
          26 -

        
          

        

      

      
        
        

      

    

    
      	
              13.6

            	
              At
                the Purchaser’s request, the Vendor shall exercise reasonable efforts to
                provide information and documents in its possession and make its
                employees
                available to Vendor or Vendor’s intellectual property counsel to assist
                the Company and the Purchaser’s Group Company to overcome any objection to
                the grant of any Company’s Intellectual Property (as defined in Schedule
                3) or any action challenging the validity of the Company’s Intellectual
                Property and to provide all reasonable assistance to the Company
                and the
                Purchaser’s Group Company to defend any action challenging the sole and
                legitimate ownership of the Company in the rights, title and interest
                in
                or to the Company’s Intellectual
                Property.

            

    

    

    
      	
              13.7

            	
              The
                Vendor shall grant to the Purchaser and its subsidiaries the right
                to
                access, inspect, observe, and use on demand and without any fees
                or
                charges whatsoever from the Purchaser for 4 calendar months counting
                from
                the first working date after the Completion Date during normal business
                hours, and at a fee of US$10,000.00 per month thereafter, any computer
                software system previously used for the operation of the scale business
                of
                the Company, including but not limited to databases containing customer
                information, marketing records, advertising records, sales and purchase
                orders, delivery records, accounting information and related operating
                software systems;

            

    

    

    
      	
              13.8

            	
              The
                Vendor shall procure MSI China to grant to the Purchaser and its
                subsidiaries the right to use 5,000 square feet of the office premises
                situated at Block 4A, Tian Fa Building, Tian Au Cyber Park, Fu Tian
                District, Shenzhen China 518048 and to use all the furniture and
                fittings
                at the office premises that are necessary for the operation, during
                normal
                business hours, of the Company's scale and Tire Gauge Businesses
                in the
                PRC on demand and without any fees or charges whatsoever from the
                Purchaser for 4 calender months counting from the first working date
                after
                the Completion Date except for any operating costs (including but
                not
                limited to telephone lines rental, electricity, etc) which shall
                be borne
                by the Purchaser.

            

    

    

    
      	
              13.9

            	
              To
                the extent that monies are received by the Company on or after Completion
                in respect of any invoices issued by the Vendor or a Vendor’s Group
                Company on or prior to 30 November 2005 in connection with the Tire
                Gauge
                Business, the Purchaser undertakes to hold and shall procure that
                the
                Company shall hold such monies on trust for the Vendor and to pay
                such
                monies to the Vendor promptly and in any event within 7 days of
                receipt.

            

    

    

    
      	13.10	
              To
                the extent that monies are received by the Vendor or a Vendor’s Group
                Company on or after Completion in respect of any invoices issued
                by the
                Company on or after 30 November 2005 in connection with the Tire
                Gauge
                Business, the Vendor undertakes to hold and shall procure that the
                relevant Vendor’s Group Company shall hold such monies on trust for the
                Company and to pay such monies to the Company promptly and in any
                event
                within 7 days of receipt.

            

    

    

    
      	
              13.11

            	
              If
                a payment of outgoings and expenses in the ordinary course of business
                in
                respect of the Company for any period after 30 November 2005 has
                been or
                is made by the Vendor, the Purchaser shall repay to the Vendor all
                amount
                equal to such payment on the Completion Date.

            

    

    

    
      
        
        

      

      
        -
          27 -

        
          

        

      

      
        
        

      

    

    
      	
              13.12

            	
              If
                a payment is received by the Vendor or a Vendor’s Group Company on behalf
                of the Company on or after 1 December 2005, the Vendor or the relevant
                Vendor’s Group Company shall promptly
                remit such relevant payment into the Company’s bank
                account.

            

    

    

    
      	
              14.

            	
              Confidentiality
                of Information

            

    

    

    
      	
              14.1

            	
              Each
                Party shall treat as confidential all information received or obtained
                as
                a result of entering into or performing this Agreement which relates
                to:

            

    

    

    
      	 	
              14.1.1

            	
              the
                provisions of this Agreement;

            

    

    

    
      	 	
              14.1.2

            	
              the
                negotiations relating to this Agreement;

            

    

    

    
      	 	
              14.1.3

            	
              the
                subject matter of this Agreement or

            

    

    

    
      	 	
              14.1.4

            	
              the
                other Party or any member of the MSI Group or the Purchaser’s Group (as
                the case may be).

            

    

    

    
      	
              14.2

            	
              The
                restrictions contained in Clause 14.1 shall not apply so as to prevent
                either Party from making any disclosure required by law or by any
                securities exchange or supervisory or regulatory or governmental
                body
                pursuant to rules to which the relevant Party is subject or from
                making
                any disclosure to any professional adviser for the purposes of obtaining
                advice (provided always that the provisions of this Clause 14 shall
                apply
                to and the relevant Party shall procure that it applies to and is
                observed
                in relation to, the use or disclosure by such professional adviser
                of the
                information provided to itself) nor shall the restrictions apply
                in
                respect of any information which comes into the public domain otherwise
                than by a breach of this Clause 14 by the relevant
                Party.

            

    

    

    
      	
              15.

            	
              Costs

            

    

    

    
      	
              15.1

            	
              Each
                party to this Agreement shall pay its own costs of and incidental
                to this
                Agreement and the sale and purchase hereby agreed to be
                made.

            

    

    

    
      	
              15.2

            	
              The
                Vendor confirms that no expense of whatever nature relating to the
                sale of
                the Sale Share has been or is to be borne by the
                Company.

            

    

    

    
      	
              16.

            	
              General

            

    

    

    
      	
              16.1

            	
              This
                Agreement shall be binding upon and enure for the benefit of the
                estates,
                personal representatives or successors of the
                Parties.

            

    

    

    
      	
              16.2

            	
              A
                Party may not assign, or purport to assign, all or any part of the
                benefit
                of, or its rights or benefits under, this Agreement without the prior
                written consent of the other Party.

            

    

    

    
      	
              16.3

            	
              This
                Agreement (together with any documents referred to herein or executed
                contemporaneously by the Parties in connection herewith) constitutes
                the
                whole agreement between the Parties and supersedes any previous agreements
                or arrangements between them relating to the subject matter hereof;
                it is
                expressly declared that no variations hereof shall be effective unless
                made in writing signed by duly authorised representatives of the
                Parties.

            

    

    

    
      
        
        

      

      
        -
          28 -

        
          

        

      

      
        
        

      

    

    
      	
              16.4

            	
              All
                of the provisions of this Agreement shall remain in full force and
                effect
                notwithstanding Completion (except insofar as they set out obligations
                which have been fully performed at
                Completion).

            

    

    

    
      	
              16.5

            	
              If
                any provision or part of a provision of this Agreement shall be,
                or be
                found by any authority or court of competent jurisdiction to be,
                invalid
                or unenforceable, such invalidity or unenforceability shall not affect
                the
                other provisions or parts of such provisions of this Agreement, all
                of
                which shall remain in full force and
                effect.

            

    

    

    
      	
              16.6

            	
              The
                Purchaser may release or compromise the liability of the Vendor hereunder
                or grant to the Vendor time or other
                indulgence.

            

    

    

    
      	
              16.7

            	
              No
                failure of either party to exercise, and no delay or forbearance
                in
                exercising, any right or remedy in respect of any provision of this
                Agreement shall operate as a waiver of such right or
                remedy.

            

    

    

    
      	
              16.8

            	
              Upon
                and after Completion either Party shall do and execute or procure
                to be
                done and executed all such further acts, deeds, documents and things
                as
                may be necessary to give effect to the terms of this Agreement and
                to
                place control of the Company in the hands of the Purchaser and pending
                the
                doing of such acts, deeds, documents and things the Vendor shall
                as from
                Completion hold the legal estate in the Sale Share in trust for the
                Purchaser.

            

    

    

    
      	
              16.9

            	
              This
                Agreement may be executed in one or more counterparts, and by the
                Parties
                on separate counterparts, but shall not be effective until each party
                has
                executed at least one counterpart and each such counterpart shall
                constitute an original of this Agreement but all the counterparts
                shall
                together constitute one and the same
                instrument.

            

    

    

    
      	
              17.

            	
              Notices

            

    

    

    Any
      notice required to be given by either Party the other shall be deemed validly
      served by hand delivery or by prepaid registered letter sent through the post
      (airmail if to an overseas address) or by facsimile transmission to its address
      given herein or such other address as may from time to time be notified for
      this
      purpose and any notice served by hand shall be deemed to have been served on
      delivery, any notice served by facsimile transmission shall be deemed to have
      been served when sent and any notice served by prepaid registered letter shall
      be deemed to have been served 48 hours (72 hours in the case of a letter sent
      by
      airmail to an address in another country) after the time at which it was posted
      and in proving service it shall be sufficient (in the case of service by hand
      and prepaid registered letter) to prove that the notice was properly addressed
      and delivered or posted, as the case may be, and in the case of service by
      facsimile transmission to prove that the transmission was confirmed as sent
      by
      the originating machine.

    

    
      
        
        

      

      
        -
          29 -

        
          

        

      

      
        
        

      

    

    Each
      notice, demand or other communication given or made under this Agreement shall
      be in writing and delivered or sent to the relevant party at its address or
      fax
      number set out below (or such other address or fax number as the addressee
      has
      by five (5) days’ prior written notice specified to the other
      parties):

    

    
      	
              To
                the Vendor

            	
              :

            	
              Kenabell
                Holding Limited

            	 
	 	
            	
              1000
                Lucas Way,

            	 
	
            	 	
              Hampton,

            	 
	
            	 	
              Virginia
                23666,

            	 
	
            	 	
              U.S.A.

            	 
	 	 	 	 
	
            	
            	
              With
                copy to the Hong Kong office of Clifford Chance

            
	 	 	 	 
	 	
            	
              
                E-mail:

              

            	
              frank.guidone@msiusa.com

            
	 	
            	
              
                Fax
                  no.:

              

            	
              1-757-767-4347

            
	 	
            	
              
                Attention:

              

            	
              Mr.
                Frank Guidone

            
	 	 	 	 
	
              To
                the Purchaser

            	
              :

            	
              Fervent
                Group Limited

            	 
	 	
            	
              26th
                Floor, Office B

            	 
	 	
            	
              United
                Centre

            	 
	 	
            	
              95
                Queensway

            	 
	 	
            	
              Admiralty

            	 
	 	
            	
              Hong
                Kong

            	 
	 	 	 	 
	 	
               

            	
              
                E-mail:

              

            	
              mblee@mblcpa.com.hk

            
	 	
               

            	
              
                Fax
                  no.:

              

            	
              (852)
                3181 9399

            
	 	
               

            	
              
                Attention:

              

            	
              Mr.
                M.B. Lee

            

    

    

    Any
      notice, demand or other communication so addressed to the relevant party shall
      be deemed to have been delivered (a) if given or made by letter, when actually
      delivered to the relevant address; and (b) if given or made by e-mail, when
      transmitted electronically provided that no notification that the electronic
      communication has not reached its recipient has been received by the sender,
      except that any failure in transmission beyond the sender’s control shall not
      invalidate the effectiveness of the notice or document being served; (c) if
      given or made by fax, when despatched.

    

    
      
        
        

      

      
        -
          30 -

        
          

        

      

      
        
        

      

    

    
      	
              18.

            	
              Governing
                Law and Submission to
                Jurisdiction

            

    

    

    This
      Agreement shall be governed by and construed in accordance with the laws of
      Hong
      Kong and the parties hereto irrevocably submit to the non-exclusive jurisdiction
      of the Hong Kong courts for the purpose of enforcing any claim arising
      hereunder. The Vendor hereby irrevocably appoints The Law Debenture Corporation
      (H.K.) Limited of Room 1904, 19/F Two International Finance Centre, 8 Finance
      Street, Central, Hong Kong as
      its
      agent to receive and acknowledge on its behalf service of any writ, summons,
      order, Judgment or other notice of legal process in Hong Kong. The Purchaser
      hereby irrevocably appoints M.B. Lee & Co., Certified Public Accountants of
      26th
      Floor,
      Office B, United Centre, 95 Queensway, Admiralty, Hong Kong,
      as its
      agent to receive and acknowledge on its behalf service of any writ, summons,
      order, Judgment or other notice of legal process in Hong Kong. If for any reason
      the agent named above (or its successor) no longer serves as agent of the Vendor
      for this purpose, the Vendor shall promptly appoint a successor agent, notify
      the Purchaser thereof and deliver to the Purchaser a copy of the new process
      agent’s acceptance of appointment Provided
      that
      until the Purchaser receives such notification, it shall be entitled to treat
      the agent named above (or its said successor) as the agent of the Vendor for
      the
      purposes of this Clause. The Vendor agrees that any such legal process shall
      be
      sufficiently served on it if delivered to such agent for service at its address
      for the time being in Hong Kong.

     

    
      
        
        

      

      
        -
          31 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      1

    Details
      of the Company

    

    THE
      COMPANY

    

    
      	1.	
              Registered
                number:

            	
              TR-133680

            
	2.	
              Address
                of registered office:

            	
              Trident
                Trust Company (Cayman) Limited, Fourth Floor, One Capital Place,
                P.O. Box
                847GT, Grand Cayman, Cayman Islands, British West
                Indies

            
	3.	
              Date
                and place of incorporation:

            	
              11
                March 2004, Cayman Islands

            
	4.	
              Authorised
                share capital:

            	
              US$1,000,000.00
                divided into 1,000,000 ordinary shares of US$1.00 each

            
	5.	
              Issued
                share capital:

            	
              US$1.00

            
	6.	
              Directors:

            	
              Franklin
                Dwyer Guidone, Jr

            
	7.	
              Shareholders:

            	
              Kenabell
                Holding Limited

            
	8.	
              Secretary:

            	
              NIL

            
	9.	
              Annual
                Accounts Date:

            	
              31
                March

            
	10.	
              Auditors:

            	
              KPMG

            

    

    

    
      
        
        

      

      
        -
          32 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      2

    Effective
      Date Accounts

    

    
      	
              1.

            	
              A
                reserve in the agreed sum of US$978,500.00 shall be made in respect
                of the
                inventory of the Company as at the close of business on 30 November
                2005.

            

    

    

    
      	
              2.

            	
              To
                provide for severance payments in respect of the termination of the
                existing 7 employees of the
                Company.

            

    

     

    
      
        
        

      

      
        -
          33 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      3

    Warranties

    

    
      	1.	
              The
                Accounts

            

    

    

    
      	
              1.1

            	
              The
                Accounts have been prepared in accordance with the requirements of
                all
                relevant applicable laws and applicable statements of standard accounting
                practice and with generally accepted accountancy principles and practice
                and show a true and fair view of the state of affairs of the Company
                and
                of its results and profits for the financial period ended on the
                Accounting Date.

            

    

    

    
      	
              1.2

            	
              The
                Accounts disclose and make adequate provision for all actual
                liabilities.

            

    

    

    
      	
              1.3

            	
              The
                Accounts disclose and make adequate provision for or note all contingent,
                unquantified or disputed liabilities, capital commitments and deferred
                or
                provisional Tax.

            

    

    

    
      	
              1.4

            	
              Adequate
                provision or reserve has been made in the Accounts for all Tax including
                deferred or provisional taxation which the Company was, as at the
                Accounting Date, or might at any time thereafter become or have become
                liable including (without limitation) Tax:

            

    

    

    
      	 	
              1.4.1

            	
              on
                or in respect of or by reference to the profits, gains or income
                for any
                period ended on or before the Accounting
                Date;

            

    

    

    
      	 	
              1.4.2

            	
              in
                respect of any event before the Accounting Date including distributions
                made and charges on profits, income or assets on or before such
                date.

            

    

    

    
      	
              1.5

            	
              The
                trade
                accounts receivable of the Company as shown in the Effective Date
                Accounts
                due from the Company’s customers other than Conair Corporation shall be
                collectible in full within 120 days of the Completion Date subject
                to the
                Company using all reasonable endeavours to collect the same.
                Notwithstanding Clause 9.11.2 of this Agreement, the liabilities
                of the
                Vendor under the Warranty contained in this paragraph 1.5 shall be
                limited
                to the maximum amount of
                US$120,000.00.

            

    

    

    
      	
              1.6

            	
              The
                Company has not factored any of its debts or entered into any financing
                arrangement of a type which would not require to be shown or reflected
                in
                the Accounts.

            

    

    

    
      	
              1.7

            	
              Except
                as disclosed in the Accounts there are at the date
                hereof:-

            

    

    

    
      	 	
              1.7.1

            	
              no
                loans, guarantees, material undertakings, material commitments on
                capital
                account or unusual liabilities, actual or contingent, made, given,
                entered
                into or incurred by or on behalf of the
                Company;

            

    

    

    
      	 	
              1.7.2

            	
              no
                mortgages, charges, liens or other similar encumbrances on the assets
                of
                the Company or any part thereof;
                and

            

    

    

    
      	 	
              1.7.3

            	
              no
                outstanding loan capital or other loans to the
                Company.

            

    

    

    
      
        
        

      

      
        -
          34 -

        
          

        

      

      
        
        

      

    

    
      	
              2.

            	
              Management
                Accounts

            

    

    

    The
      Management Accounts have been prepared in accordance with the accounting
      policies of the Company and on a consistent basis with the monthly management
      accounts of the Company and show a fair view of the assets and liabilities
      and
      profits and losses of the Company as at and to 31 October 2005.

    

    
      	
              3.

            	
              Tax,
                Records and Returns

            

    

    

    
      	
              3.1

            	
              All
                returns, computations, notices and information made or provided or
                required to be made or provided by the Company for any Tax purpose
                have
                been made or given within the requisite periods and on a proper basis
                and
                when made were true and accurate in all material respects and are
                up to
                date.

            

    

    

    
      	
              3.2

            	
              The
                Company has not effected any transactions which would require any
                consent
                or clearance from a relevant Tax
                authority.

            

    

    

    
      	
              3.3

            	
              Since
                the date of its incorporation, neither the Company nor any director
                or
                officer of the Company has paid or become liable to pay any fine,
                penalty,
                surcharge or interest in relation to
                Tax.

            

    

    

    
      	
              3.4

            	
              Since
                the date of its incorporation and ended on the Accounting Date, there
                has
                been no major change in the nature or conduct of a trade or business
                of
                the Company nor has the scale of the activities in such a trade or
                business become small or
                negligible.

            

    

    

    
      	
              3.5

            	
              No
                act or transaction has been or will, on or before Completion, be
                effected
                by the Company, the Vendor or any other person (including the sale
                of the
                Sale Share), in consequence of which the Company is or may be held
                liable
                for Tax primarily chargeable against some other
                person.

            

    

    

    
      	
              3.6

            	
              The
                Company has made all deductions and withholdings in respect, or on
                account, of any Tax from any payments made by it which it is obliged
                or
                entitled to make on or before the date hereof and has duly accounted
                in
                full to the appropriate authority for all amounts so deducted or
                withheld.

            

    

    

    
      	
              3.7

            	
              The
                Company is not under any obligation to make any payment of interest
                or any
                annual payment for which no relief will be received, whether as a
                deduction or otherwise, for Tax purposes and no such payments have
                been
                made since the Accounting Date.

            

    

    

    
      	
              3.8

            	
              The
                Company has not entered into or been engaged in or been a party to
                any
                transaction which is artificial or fictitious or any transaction
                or series
                of transactions or scheme or arrangement of which the main or dominant
                purpose or one of the main or dominant purposes was the avoidance
                or
                deferral of or reduction in the liability to Tax of the
                Company.

            

    

    

    
      	
              3.9

            	
              The
                Company is not and has not at any time since its date of incorporation
                and
                ended with the date of this Agreement been liable to Tax in any
                jurisdiction other than Hong Kong.

            

    

    

    
      
        
        

      

      
        -
          35 -

        
          

        

      

      
        
        

      

    

    
      	
              3.10

            	
              All
                documents to which the Company is a party which are subject to stamp
                or
                similar duty have been duly stamped and, where appropriate or necessary,
                adjudicated.

            

    

    

    
      	
              3.11

            	
              The
                information given by the Company to the Customs and Excise Department
                and
                all other authorities (whether of Hong Kong or otherwise) in connection
                with the import or export of any goods was when given true and accurate
                and the Company has complied with the relevant legislation, regulations,
                orders, directions or conditions (whether of Hong Kong or otherwise)
                relating to the import and export of goods and to all relevant customs
                and
                excise matters, and all customs duties and tariffs payable by the
                Company
                have been paid in full within the applicable time
                limits.

            

    

    

    
      	
              3.12

            	
              The
                books and records of the Company accurately present and reflect in
                accordance with generally accepted accounting principles and standards
                within the Company’s jurisdiction of incorporation all transactions
                entered into by the Company or to which it has been a
                party.

            

    

    

    
      	
              3.13

            	
              The
                Company has complied in all material aspects with its reporting
                obligations to the relevant Tax authority in connection with benefits
                provided for any director or employee or to any company with which
                it has
                contracted for the provision of the services of any individual to
                the
                Company.

            

    

    

    
      	
              4.

            	
              Corporate
                Matters

            

    

    

    
      	
              4.1

            	
              The
                Company has been duly incorporated and is validly existing and no
                order
                has been made or, so far as the Vendor is aware, petition presented,
                or
                resolution passed for the winding up of the Company and no distress,
                execution or other process has been levied on any of its assets.
                The
                Company is not insolvent nor unable to pay its debts, no receiver
                or
                receiver and manager has been appointed by any person of its business
                or
                assets or any part thereof, and the Company has taken no steps to
                enter
                liquidation.

            

    

    

    
      	
              4.2

            	
              The
                Vendor is the beneficial owners of the Sale Share, free and clear
                of any
                lien, charge, option, right of pre-emption or other encumbrance or
                third
                party right whatsoever and the Company has not exercised any lien
                over any
                of its issued shares and there is no outstanding call on any of the
                Sale
                Share and all of the Sale Share are fully
                paid.

            

    

    

    
      	
              4.3

            	
              The
                Sale Share constitute all the issued shares in the capital of the
                Company.

            

    

    

    
      	
              4.4

            	
              The
                Company has no and never has had any subsidiary or shares in or stock
                of
                any company and the Company has never been a director or other officer
                of
                any other company.

            

    

    

    
      	
              4.5

            	
              There
                are no options or other agreements outstanding which call for the
                issue of
                or accord to any person the right to call for the issue of any shares
                in
                the capital of the Company

            

    

    

    
      	
              4.6

            	
              The
                copies of the Memorandum and Articles of Association of the Company
                which
                are attached to the Disclosure Letter are accurate and complete in
                all
                respects. The Company has complied with its Memorandum and Articles
                of
                Association in all material respects and, has full power, authority
                and
                legal right to own its assets and carry on its business and none
                of the
                activities, agreements, commitments or rights of the Company is ultra
                vires or unauthorised.

            

    

    

    
      
        
        

      

      
        -
          36 -

        
          

        

      

      
        
        

      

    

    
      	
              4.7

            	
              The
                Register of Members and all other statutory books of the Company
                are up to
                date and contain true and accurate records of all matters required
                to be
                dealt with therein 

            

    

    

    
      	
              5.

            	
              Trading
                and General Commercial
                Matters

            

    

    

    
      	
              5.1

            	
              The
                Company has good title to all such assets included in the Accounts
                or
                acquired by the Company since the Accounting Date (including, but
                not
                limited to, the
                assets contemplated to be transferred to the Company under the Asset
                Purchase Agreements (other than the asset purchase agreement dated
                30
                November 2005 entered into between MSI China and 永澵椅子(深圳)有榰公司))
                that are necessary to enable it properly to conduct its business
                as such
                business has been conducted prior to the date hereof and to all stocks
                used in its business, as well as the assets contemplated to be transferred
                to the Company under the Asset Purchase Agreements (other
                than the asset purchase agreement dated 30 November 2005 entered
                into
                between MSI China and 永澵椅子(深圳)有榰公司).
                All such assets and stocks are free from any liens, mortgages, charges,
                encumbrances or
                other third party rights and the stock is in good condition and of
                merchantable quality.

            

    

    

    
      	
              5.2

            	
              The
                fixed and loose plant, machinery, furniture, fixtures and fittings,
                equipment and vehicles and other tangible assets used in connection
                with
                the business of the Company and all other fixed assets referred to
                in the
                Accounts and any
                additions thereto made
                since the Accounting Date are the
                sole and absolute property of and held
                by the Company free from any liens, mortgages, charges,
                encumbrances,
                hire or hire purchase agreements, credit sale agreements or agreements
                for
                payment on deferred terms or bills of sale and all such assets are
                owned
                by the Company and in the possession or under the control of the
                Company.
                All such assets owned or used by the Company are in good repair and
                capable of being used for the purposes for which they are designed,
                acquired or used by the Company.

            

    

    

    
      	
              5.3

            	
              To
                the best of the Vendor’s knowledge and belief, the Company is not a party
                to any contract not made in the ordinary course of
                business.

            

    

    

    
      	
              5.4

            	
              To
                the best of the Vendor’s knowledge and belief, except in the ordinary
                course of business no tender, quotation or offer issued by the Company
                and
                still outstanding is or will be capable of giving rise to a contract
                merely by an order acceptance or other action by another
                party.

            

    

    

    
      	
              5.5

            	
              The
                execution, delivery and performance of this Agreement will not result
                in
                the breach or termination of any of the terms or conditions of or
                constitute a default under any agreement, commitment or other instrument
                to which the Company is a party or by which the Company or its property
                or
                assets may be bound or affected or result in the acceleration of
                any
                obligation under any loan agreement or violate any applicable law
                or
                regulation affecting the Company.

            

    

    

    
      
        
        

      

      
        -
          37 -

        
          

        

      

      
        
        

      

    

    
      	
              5.6

            	
              There
                are no loans, guarantees, pledges, mortgages, charges, liens or
                encumbrances, made or incurred by or on behalf of the
                Company.

            

    

    

    
      	
              5.7

            	
              There
                are no agreements concerning the Company which can be terminated
                or which
                have been terminated or under which the rights of any person are
                liable to
                be materially adversely affected as a result of a change in control
                of the
                Company or in the composition of the Board of Directors of the
                Company.

            

    

    

    
      	
              5.8

            	
              The
                Company is not the subject of any official investigation or
                inquiry.

            

    

    

    
      	
              5.9

            	
              The
                Company has at all times carried on its business in compliance with
                all
                applicable laws and regulations in all material
                aspects.

            

    

    

    
      	
              5.10

            	
              The
                Company has given no powers of attorney and no other authority express,
                implied or ostensible which is still outstanding or effective to
                any
                person to enter into any contract or commitment to do anything on
                its
                behalf other than the authority of employees to enter into routine
                trading
                contracts in the normal course of their
                duties.

            

    

    

    
      	
              5.11

            	
              Other
                than the name “Measurement Ltd.” and “精痸椅子”,
                the Company does not carry on business under any other
                name.

            

    

    

    
      	
              5.12

            	
              The
                Company does not have any of its records, systems, controls, data
                or
                information recorded, stored, maintained, operated or otherwise wholly
                or
                partly dependent on or held by any means (including any electronic,
                mechanical or photographic process whether computerised or not) which
                (including all means of access thereto and therefrom) are not under
                the
                exclusive ownership and direct control of the
                Company.

            

    

    

    
      	
              6.

            	
              Confidential
                Information and Intellectual Property 

            

    

    

    
      	6.1	(a)	
               In
                this paragraph 6.1 “Confidential
                Information”
                means all know-how, lists of customers or suppliers, trade secrets,
                technical processes or other confidential information belonging to
                the
                Company or to any third party.

            

    

    

    
      	
            	(b)	
              To
                the best of the Vendor’s knowledge and belief, the Company has not misused
                Confidential Information belonging to any third party in conducting
                its
                business since its incorporation.

            

    

    

    
      	
            	(c)	
              To
                the Vendor’s best knowledge and belief, the Company is not in breach of
                any agreement or arrangement under which Confidential Information
                belonging to any third party is made available to the
                Company.

            

    

    

    
      	
            	(d)	
              Except
                as set forth in the Disclosure Letter, the Company has no actual
                knowledge
                of any actual or alleged misuse by any person of any of its Confidential
                Information. The Company takes reasonable steps to assure that none
                of its
                Confidential Information is disclosed to any person except where
                such
                disclosure was properly made in the normal course of the Company’s
                business and was made subject to an agreement under which the recipient
                is
                obliged to maintain the confidentiality of such Confidential Information
                and is restrained from further disclosing it or using it other than
                for
                the purposes for which it was disclosed by the
                Company.

            

    

    

    
      
        
        

      

      
        -
          38 -

        
          

        

      

      
        
        

      

    

    
      	
              6.2

            	
              All
                Intellectual Property used, or required to be used, in the conduct
                of the
                business or businesses of the Company and/or the Vendor’s Group Company
                relating to the development, manufacture, marketing, sale, distribution,
                promotion, import and export of scales and the Tire Gauge
                Business:

            

    

    

    
      	 	
              (a)

            	
              is
                currently owned, or shall at the latest by the Completion Date be
                owned,
                by the Company as the sole legal and beneficial owner, free of any
                licence
                or encumbrance in favour of a third party, except as disclosed in
                the
                Disclosure Letter (“the
                Company’s Intellectual Property”);
                or

            

    

    

    
      	 	
              (b)

            	
              is
                used by the Company and/or Vendor’s Group Company in accordance with the
                terms of a current licence from the owner of that Intellectual Property
                which licence is disclosed in the Disclosure Letter (“Licensed
                IP”)

            

    

    

    
      	
              6.3

            	
              None
                of the Company’s Intellectual Property has been wrongfully or unlawfully
                acquired by the Company and/or the Vendor’s Group Company. No claim under
                any warranty contained in documentation by which the Company acquired
                from
                any third party ownership of any of the Company's Intellectual Property
                has been made.

            

    

    

    
      	
              6.4

            	
              The
                material particulars as to registration (and applications therefor)
                of the
                Company’s Intellectual Property and Licensed IP, including filing and
                grant dates, are set forth in Schedule 4. Except as otherwise specified
                in
                Schedule 4, each of those registrations is currently in full force
                and
                effect, and all renewal fees, annuities or other maintenance fees
                have
                been paid when due except as otherwise indicated in Schedule 4 and
                all
                action necessary to register and maintain the granted or pending
                and not
                lapsed registrations and applications set forth in Schedule 4 have
                been
                taken.

            

    

    

    
      	
              6.5

            	
              All
                licences (excluding licences of computer programs) to the Company
                and/or
                the Vendor’s Group Company of Licensed IP (including any royalties or
                licence fees payable) and all licences of the Company’s Intellectual
                Property to third parties are disclosed in the Disclosure Letter.
                To the
                Vendor’s best knowledge and belief, neither the Company, the Vendor’s
                Group Company nor any other person has alleged a breach of any of
                those
                licences during the two years preceding the date of this
                Agreement.

            

    

    

    
      	
              6.6

            	
              Except
                as otherwise stated in the Disclosure Letter, the Company’s Intellectual
                Property, and the validity or subsistence of the Company’s right, title
                and interest therein, is not the subject of any current, pending
                or
                threatened challenge, claim or proceedings, including any opposition,
                cancellation, revocation or rectification, and has not during the
                period
                of two years prior to Completion been the subject of any challenge,
                claim
                or proceeding, or objections against the Company or any of the Vendor’s
                Group Company.

            

    

    

    
      	
              6.7

            	
              Save
                as set forth in the Disclosure Letter the Vendor, its subsidiaries,
                the
                Company, the Vendor’s Group Company or its predecessor have not entered
                into any agreement, arrangement or understanding (whether legally
                enforceable or not) for the licensing, or otherwise permitting the
                use or
                exploitation, of the Company’s Intellectual Property or which prevents,
                restricts or otherwise inhibits the Company’s freedom to use and exploit
                the Company’s Intellectual
                Property.

            

    

    

    
      
        
        

      

      
        -
          39 -

        
          

        

      

      
        
        

      

    

    
      	
              6.8

            	
              Save
                as set forth in the Disclosure Letter, the Vendor has no actual knowledge
                of any current infringement of or threat to infringe any of the Company’s
                Intellectual Property by any third
                party.

            

    

    

    
      	
              6.9

            	
              Except
                as otherwise stated in the Disclosure Letter, to the actual knowledge
                of
                the Vendor and the Vendor's Group Company, no third party has, during
                the
                six years preceding the date of this Agreement made, threatened or
                brought
                any challenge, claim or proceedings in relation to the use of the
                Licensed
                IP by the Company and/or the Vendor’s Group
                Company.

            

    

    

    
      	
              6.10

            	
              The
                carrying on by the Company and/or the Vendor’s Group Company of the
                business relating to the development, manufacture, marketing, sale,
                distribution, promotion, import and export of scales and the Tire
                Gauge
                Business as presently constituted does not, save as set forth in
                the
                Disclosure Letter, require any licences or consents from, or the
                making of
                royalty or similar payments to, any third party under any Intellectual
                Property in the nature of confidential information, copyrights or
                business
                names. Except as set forth in the Disclosure Letter, the Company
                has not
                received written notice from any third party that the carrying on
                the
                Company's business relating to the development, manufacture, marketing,
                sole distribution and promotion of scales and the Tire Gauge Business
                as
                presently constituted infringes any patent or design of any third
                party. 

            

    

    

    
      	
              6.11

            	
              Neither
                the Company, nor the Vendor, nor the Vendor's Group Company have
                received
                written notice of the assertion of any Moral Rights which could materially
                affect the use or value of any of the Company’s Intellectual
                Property.

            

    

    

    
      	
              6.12

            	
              The
                rights granted to the Company in the Company’s Intellectual Property and
                Licensed IPs constitute rights to all of the material Intellectual
                Property that are used in the conduct of the business relating to
                the
                development, manufacture, marketing, sale, distribution and promotion
                of
                scales and the Tire Gauge Business currently conducted by the Company
                and/or Vendor’s Group Company. 

            

    

    

    
      	
              7.

            	
              Computer
                Systems and Software 

            

    

    

    
      	
              7.1

            	
              In
                this paragraph , the expression “the Product Software” means all of the
                computer programs embodied in the Company's products and the expression
                "the Business Software" means all of the computer programs identified
                and
                briefly described in Schedule 5 and other material computer programs
                and
                software used or supplied in or in connection with the business of
                the
                Company as of the Completion Date (whether owned by the Company,
                licensed
                to the Company by a third party or sub-licensed by the Company pursuant
                to
                a licence agreement from a third
                party).

            

    

    

    
      	
              7.2

            	
              The
                Business Software includes all material computer programs and software
                used or supplied in or in connection with the business of the Company
                as
                of the Completion Date (whether owned by the Company, licensed to
                the
                Company by a third party or sub-licensed by the Company pursuant
                to a
                licence agreement from a third party).

            

    

    

    
      
        
        

      

      
        -
          40 -

        
          

        

      

      
        
        

      

    

    

    
      	
              7.3

            	
              The
                Company has absolute right, title and ownership to and copyright
                in each
                item of the Product Software, including the source code and object
                code,
                and any user and other manuals, free of all encumbrances and adverse
                claims and no property rights of the Company in such Product Software
                have
                been sold, assigned, licensed or disposed of to any party other than
                by
                the granting of implied non-exclusive licences to customers of the
                Company
                in the ordinary course of its business. A non-exhaustive list of
                the
                Product Software is listed in Schedule
                5.

            

    

    

    
      	
              7.4

            	
              The
                Company is not a party to any contract requiring the Company to place
                in
                escrow, or otherwise to permit any third party to use or have access
                to,
                the source code to any of the Product
                Software.

            

    

    

    
      	
              7.5

            	
              The
                Company is entitled to use and, where indicated, to grant sub-licences
                to
                third parties to use the Business Software described in Schedule
                5
                pursuant to licences and/or consents granted to the Company by the
                owner
                or licensee of such Business Software, such licences being in full
                force
                and effect. All royalties and other payments have been paid when
                due and
                there has been no act or default by the Company or, where appropriate,
                its
                sub-licensees or any other person which may in any way result in
                such
                licences being terminated or the Company being unable to obtain any
                benefit under such licences.

            

    

    

    
      	
              7.6

            	
              The
                Company does not have any current dispute with any person relating
                to
                proprietary or other rights in or to the Product
                Software.

            

    

    

    
      	
              8.

            	
              Insurance

            

    

    

    
      	
              8.1

            	
              The
                Disclosure Letter contains a list of each current insurance and indemnity
                policy in respect of which the Company has an interest in (together
                the
                “Policies”).
                

            

    

    

    
      	
              8.2

            	
              No
                claim in outstanding under any of the
                Policies.

            

    

    

    
      	
              8.3

            	
              The
                Company has not suffered any uninsured losses nor waived any rights
                of
                material or substantial value or allowed any insurances to
                lapse.

            

    

    

    
      	
              9.

            	
              Litigation 

            

    

    

    
      	
              9.1

            	
              Nothing
                in this Warranty 9 concerns any employee related
                matters.

            

    

    

    
      	
              9.2

            	
              Except
                otherwise stated in the Disclosure Letter, neither the Company nor,
                so far
                as the Vendor is aware, a person for whose acts or defaults the Company
                may be vicariously liable is involved in a civil, criminal, arbitration,
                administrative or other proceedings (other than in relation to the
                collection of debts arising in the ordinary course of business of
                the
                Company). So far as the Vendor is aware, no civil, criminal, arbitration,
                administrative or other proceeding which will or is reasonably likely
                to
                have a material adverse effect on the business of the Company is
                pending
                or threatened by or against the
                Company.

            

    

    

    
      	
              9.3

            	
              Save
                as disclosed in the Disclosure Letter, there are no current disputes
                between the Company and any of its customers, suppliers, employees
                or
                officers in relation to goods or services purchased or supplied,
                plant or
                machinery, duties or work or any loss, damage or injury resulting
                therefrom which
                are reasonably likely to have a material adverse effect on the business
                of
                the Company.

            

    

    

    
      
        
        

      

      
        -
          41 -

        
          

        

      

      
        
        

      

    

    
      	
              10.

            	
              Employment
                

            

    

    

    
      	
              10.1

            	
              The
                Company does not employ any employees in any jurisdiction other than
                the
                employees currently employed by the Company in Hong Kong and
                PRC.

            

    

    

    
      	
              11.

            	
              Arrangements
                with connected persons
                etc.

            

    

    

    
      	
              11.1

            	
              All
                amounts outstanding and appearing in the books of the Company as
                loan
                accounts or as due to shareholders wholly represent money or money’s worth
                paid or transferred to the Company as the case may be or remuneration
                accrued due and payable for services
                rendered.

            

    

    

    
      	
              11.2

            	
              So
                far as the Vendor is aware, there is no outstanding contract or
                arrangement to which the Company is a party and in which any of the
                Vendor
                or directors or officers of the Company is interested, whether directly
                or
                indirectly, other than arm’s length service contracts and the Company is
                not a party to, any contract or arrangement which is not of an entirely
                arm’s length nature

            

    

    

    
      	
              12.

            	
              Matters
                since the Accounting
                Date

            

    

    

    Since
      the
      Accounting Date:

    

    
      	
              12.1

            	
              the
                Company’s business has been carried on lawfully and in the ordinary and
                usual course of business so as to maintain it as a going
                concern;

            

    

    

    
      	
              12.2

            	
              no
                dividends, bonuses or other distributions have been declared, paid
                or made
                in respect of any of the Sale Share;

            

    

    

    
      	
              12.3

            	
              save
                as disclosed in the Disclosure Letter, there has been no material
                adverse
                change in the customer relations of the said business or in the financial
                condition or the position, assets or liabilities of the said business
                or
                the Company as compared with the position disclosed by the Accounts
                and
                there has been no damage, destruction or loss (whether or not covered
                by
                insurance) materially affecting the said business or its
                assets;

            

    

    

    
      	
              12.4

            	
              no
                resolutions have been passed by the Company and nothing has been
                done in
                the conduct or management of the affairs of the Company which would
                be
                likely materially to reduce the net asset value of the
                Company.

            

    

    

    
      	
              13.

            	
              Accuracy
                of Information
                Provided

            

    

    

    
      	
              13.1

            	
              All
                factual information contained in Schedules 14 and 5 to this Agreement
                and
                the Disclosure Letter is true and accurate in all material respects
                and
                not misleading in any material
                respect.

            

    

    

    
      
        
        

      

      
        -
          42 -

        
          

        

      

      
        
        

      

    

    
      	
              14.

            	
              Vendor’s
                Warranties 

            

    

    

    
      	
              14.1

            	
              The
                Vendor represents and warrants to the Purchaser
                that:

            

    

    

    
      	 	
              14.1.1

            	
              the
                Vendor has the right, power and authority, and has taken all action
                necessary, to execute, deliver and exercise its rights and perform
                its
                obligations under this Agreement and each document to be executed
                at or
                before Completion to which it is expressed to be a party (the
                “Vendor’s
                Completion Documents”);

            

    

    

    
      	 	
              14.1.2

            	
              the
                Vendor’s obligations under this Agreement and the Vendor’s Completion
                Documents are, or when the relevant Vendor’s Completion Document is
                executed will be, enforceable in accordance with their respective
                terms;

            

    

    

    
      	 	
              14.1.3

            	
              the
                execution and delivery of, and the performance by the Vendor of its
                obligations under, this Agreement and the Vendor’s Completion Documents
                will not:

            

    

    

    
      	
            	(a)	
              result
                in a breach of any provision of the memorandum or articles of association
                or by-laws or equivalent constitutional documents of the
                Vendor;

            

    

    

    
      	
            	(b)	
              result
                in a breach of, or constitute a default under, any instrument to
                which it
                is a party or by which the Vendor is bound and which is material
                in the
                context of the transactions contemplated by this
                Agreement;

            

    

    

    
      	
            	(c)	
              result
                in a breach of any order, judgment or decree of any court or governmental
                agency to which the Vendor is a party or by which it is bound or
                submits;
                or

            

    

    

    
      	
            	(d)	
              require
                the Vendor to obtain any consent or approval of, or give any notice
                to or
                make any registration with, any governmental or other authority which
                has
                not been obtained or made at the date hereof both on an unconditional
                basis and on a basis which cannot be revoked (save pursuant to any
                legal
                or regulatory entitlement to revoke the same other than by reason
                of any
                misrepresentation or misstatement).

            

    

     

    
      
        
        

      

      
        -
          43 -

        
          

        

      

      
        
        

      

    

     SCHEDULE
      4

    List
      of Intellectual Property Rights

    

    
      	 	
              FILE
                NO.

            	
              TITLE

            	
              CTRY

            	
              STATUS

            	
              EXP.
                DATE

            	
              APPLN.

              NO.

            	
              PATENT
                NO.

            	
              FILING
                DATE

            	
              ISSUE
                DATE

            
	
              1. 

            	
               

              MSI-7

            	
               

              FOOD
                SCALE

            	
               

              US

            	
               

              GRANTED

            	
               

              2/17/2012

            	
               

              62,492

            	
               

              D390,796

            	
               

              11/15/1996

            	
               

              2/17/1998

            
	
              2. 

            	
               

              MSI-100

            	
               

              ELECTROMECHANICAL
                SCALE

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              6/26/2015

            	
               

               

              29/116,851

            	
               

               

              D444,090S

            	
               

               

              1/11/2000

            	
               

               

              6/26/2001

            
	
              3. 

            	
               

               

              MSI-101

            	
               

               

              GLASS
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              7/3/2015

            	
               

               

              29/117,072

            	
               

               

              D444,403S

            	
               

               

              1/14/2000

            	
               

               

              7/3/2001

            
	
              4. 

            	
               

               

              MSI-18

            	
               

              DIGITAL
                GLASS I-BEAM SCALE

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              1/4/2014

            	
               

               

              29/100,390

            	
               

               

              D418,439

            	
               

               

              2/10/1999

            	
               

               

              1/4/2000

            
	
              5. 

            	
               

               

              MSI-21

            	
               

              MECHANICAL
                GLASS I-BEAM SCALE

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              5/30/2014

            	
               

               

              29/100389

            	
               

               

              D425,806

            	
               

               

              2/10/1999

            	
               

               

              5/30/2000

            
	
              6. 

            	
               

               

              MSI-22

            	
               

               

              BATH
                SCALE DESIGN WITH HANDLE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              1/11/2014

            	
               

               

              29/100,386

            	
               

               

              D418,766

            	
               

               

              2/10/1999

            	
               

               

              1/11/2000

            
	
              7. 

            	
               

               

              MSI-23

            	
               

               

              BATH
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              1/25/2014

            	
               

               

              29/100,387

            	
               

               

              D419,472

            	
               

               

              2/10/1999

            	
               

               

              1/25/2000

            
	
              8. 

            	
               

               

              MSI-24

            	
               

               

              WIDE
                BODY SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              12/21/2013

            	
               

               

              29/100,388

            	
               

               

              D417,852

            	
               

               

              2/10/1999

            	
               

               

              12/21/1999

            
	
              9. 

            	
               

               

              MIS-95

            	
               

               

              ELECTRONIC
                SCALE

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              4/10/2015

            	
               

               

              29/116,842

            	
               

               

              D440,167S

            	
               

               

              1/11/2000

            	
               

               

              4/10/2001

            
	
              10. 

            	
               

               

              MSI-96

            	
               

               

              V-SCALE

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              7/10/2015

            	
               

               

              29/116,848

            	
               

               

              D444,724S

            	
               

               

              1/11/2000

            	
               

               

              7/10/2001

            

    

     

    
      
        
        

      

      
        -
          44 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              11. 

            	
               

               

              MSI-97

            	
               

               

              HANDLE
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              6/26/2015

            	
               

               

              29/116,845

            	
               

               

              D444,088S

            	
               

               

              1/11/2000

            	
               

               

              6/26/2001

            
	
              12. 

            	
               

               

              MSI-98

            	
               

               

              BODY
                FAT SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              7/3/2015

            	
               

               

              29/116,857

            	
               

               

              D444,402S

            	
               

               

              1/11/2000

            	
               

               

              7/3/2001

            
	
              13. 

            	
               

               

              MSI-99

            	
               

               

              BODY
                FAT SCALE

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              6/26/2015

            	
               

               

              29/116,847

            	
               

               

              D444,089S

            	
               

               

              1/11/2000

            	
               

               

              6/26/2001

            
	
              14. 

            	
               

               

              MSI-136

            	
               

               

              BATHROOM
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              12/11/2015

            	
               

               

              29/135,537

            	
               

               

              D451,835S

            	
               

               

              1/12/2001

            	
               

               

              12/11/2001

            
	
              15. 

            	
               

               

              MSI-137

            	
               

               

              BATHROOM
                SCALE 

            	
               

               

              US
                

            	
               

               

              GRANTED

            	
               

               

              10/23/2015

            	
               

               

              29/135,540

            	
               

               

              D449,552S

            	
               

               

              1/12/2001

            	
               

               

              10/23/2001

            
	
              16. 

            	
               

               

              MSI-138

            	
               

               

              BATHROOM
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              11/6/2015

            	
               

               

              29/135,538

            	
               

               

              D450,003S

            	
               

               

              1/12/2001

            	
               

               

              11/6/2001

            
	
              17. 

            	
               

               

              MSI-139

            	
               

               

              BATHROOM
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              11/13/2015

            	
               

               

              29/135,539

            	
               

               

              D450,258S

            	
               

               

              1/12/2001

            	
               

               

              11/13/2001

            
	
              18. 

            	
               

               

              MSI-140

            	
               

               

              BATHROOM
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              11/13/2015

            	
               

               

              29/135,569

            	
               

               

              D450,259S

            	
               

               

              1/12/2001

            	
               

               

              11/13/2001

            
	
              19. 

            	
               

               

              MSI-141

            	
               

               

              BATHROOM
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              11/6/2015

            	
               

               

              29/135,567

            	
               

               

              D450,004S

            	
               

               

              1/12/2001

            	
               

               

              11/6/2001

            
	
              20. 

            	
               

               

              MSI-306I

            	
               

              BATHROOM
                SCALE CLOCK

            	
               

               

              US

            	
               

               

              PENDING

            	 	
               

               

              29/196,107

            	 	
               

               

              12/22/03

            	 
	
              21. 

            	
               

              MSI-306

              -DIV

            	
               

              BATHROOM
                SCALE CLOCK

            	
               

               

              US

            	
               

               

              PENDING

            	 	
               

               

              29/233,059

            	 	
               

               

              06/27/05

            	 
	
              22. 

            	
              MSI-338

            	
              BODY
                FAT SCALE

            	
              US

            	
              PENDING

            	 	
              29/229408

            	 	
              05/06/05

            	 

    

     

    
      
        
        

      

      
        -
          45 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              23. 

            	
              MSI-10

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              2/3/2012

            	
              29/65,069

            	
              D390,140

            	
              1/21/1997

            	
              2/3/1998

            
	
              24. 

            	
              MSI-11

            	
              COMPACT
                TIRE PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              5/18/2013

            	
              29/085,428

            	
              D409,931

            	
              3/23/1998

            	
              5/18/1999

            
	
              25. 

            	
              MSI-102

            	
              PRESSURE
                GAUGE

            	
              US

            	
              Granted

            	
              4/24/2015

            	
              29/121,022

            	
              D440,894

            	
              3/30/2000

            	
              4/24/2001

            
	
              26. 

            	
              MSI-103

            	
              PRESSURE
                GAUGE

            	
              US

            	
              Granted

            	
              4/24/2015

            	
              29/121,021

            	
              D440,893

            	
              3/30/2000

            	
              4/24/2001

            
	
              27. 

            	
              MSI-104

            	
              PRESSURE
                GAUGE

            	
              US

            	
              Granted

            	
              5/8/2015

            	
              29/121,023

            	
              D441,674

            	
              3/30/2000

            	
              5/8/2001

            
	
              28. 

            	
              MSI-105

            	
              PRESSURE
                GAUGE

            	
              US

            	
              Granted

            	
              4/24/2015

            	
              29/121,042

            	
              D440,895

            	
              3/30/2000

            	
              4/24/2001

            
	
              29. 

            	
              MSI-12

            	
              DELUXE
                TIRE PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              5/11/2013

            	
              29/085,429

            	
              D409,509

            	
              3/23/1998

            	
              5/11/1999

            
	
              30. 

            	
              MSI-117

            	
              ORNAMENTAL
                DESIGN FOR A PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              11/13/2015

            	
              29/131534

            	
              D450,257

            	
              10/24/2000

            	
              11/13/2001

            
	
              31. 

            	
              MSI-117CA

            	
              ORNAMENTAL
                DESIGN FOR A PRESSURE GAUGE

            	
              Canada

            	
              Granted

            	
              8/21/2012

            	
              2001-1020

            	
              96685

            	
              4/23/2001

            	
              8/21/2002

            
	
              32. 

            	
              MSI-117-UK
                

            	
              ORNAMENTAL
                DESIGN FOR A PRESSURE GAUGE

            	
              UK

            	
              Lapsed

            	 	
              2101299

            	 	
              4/23/01

            	 
	
              33. 

            	
              MSI-118

            	
              PRESSURE
                GAUGE

            	
              US

            	
              Granted

            	
              9/18/2015

            	
              29/132080

            	
              D447,970

            	
              11/1/2000

            	
              9/18/2001

            

    

     

    
      
        
        

      

      
        -
          46 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              34. 

            	
              MSI-118
                CA

            	
              PRESSURE
                GAUGE

            	
              CA

            	
              Granted

            	
              12/18/2012

            	
              2001-1021

            	
              96686

            	
              4/23/2001

            	
              12/18/2002

            
	
              35. 

            	
              MSI-118UK

            	
              PRESSURE
                GAUGE

            	
              UK

            	
              Lapsed

            	 	
              2101524

            	 	
              5/01/01

            	 
	
              36. 

            	
              MSI-125

            	
              A
                DESIGN FOR A STREAMLINED PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              4/16/2016

            	
              29/132,078

            	
              D455,666

            	
              11/1/2000

            	
              4/16/2002

            
	
              37. 

            	
              MSI-125CA

            	
              A
                DESIGN FOR A STREAMLINED PRESSURE GAUGE

            	
              CA

            	
              Granted

            	
              10/30/2012

            	
              2001-1024

            	
              96689

            	
              4/23/2001

            	
              10/30/2002

            
	
              38. 

            	
              MSI-125UK

            	
              A
                DESIGN FOR A STREAMLINED PRESSURE GAUGE

            	
              UK

            	
              Granted

            	
              5/1/2026

            	
              2101527

            	
              2101527

            	
              5/1/2001

            	
              7/31/2001

            
	
              39. 

            	
              MSI-174

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              6/25/2016

            	
              29/149,364

            	
              D459,257

            	
              10/9/2001

            	
              6/25/2002

            
	
              40. 

            	
              MSI-175

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              7/2/2016

            	
              29/149,346

            	
              D459,668

            	
              10/9/2001

            	
              7/2/2002

            
	
              41. 

            	
              MSI-176

            	
              TIRE
                PRESSURE GAUGE 

            	
              US

            	
              Granted

            	
              9/10/2016

            	
              29/149,213

            	
              D462,627

            	
               

              10/09/2001

            	
              9/10/2002

            
	
              42. 

            	
              MSI-331

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Filed

            	 	
              29/222,932

            	 	
              2/4/2005

            	 
	
              43. 

            	
              MSI-331UK
                (Embodiment #1)

            	
              TIRE
                PRESSURE GAUGE

            	
              UK

            	
              Filed

            	 	
              3022762

            	 	
              10/14/2005

            	 

    

     

    
      
        
        

      

      
        -
          47 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              44. 

            	
              MSI-331
                UK (Embodiment #2)

            	
              TIRE
                PRESSURE GAUGE

            	
              UK

            	
              Filed

            	 	
              3022761

            	 	
              10/14/2005

            	 
	
              45. 

            	
              MSI-331
                CA

            	
              TIRE
                PRESSURE GAUGE

            	
              Canada

            	
              Filed

            	 	
              Not
                yet known

            	 	
              10/14/2005

            	 
	
              46. 

            	
              MSI-334

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Filed

            	 	
              29/222,837

            	 	
              2/4/2005

            	 
	
              47. 

            	
              MSI-336

            	
              DISPLAY
                FOR A TIRE PRESSURE GAUGE

            	
              US

            	
              Filed

            	 	
              29/222,933

            	 	
              2/4/2005

            	 
	
              48. 

            	
              MSI-339

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Filed

            	 	
              29/239,373

            	 	
              9/29/2005

            	 
	
              49. 

            	
              MSI-339CA

            	
              TIRE
                PRESSURE GAUGE

            	
              Canada

            	
              Filed

            	 	
              Not
                yet known

            	 	
              11/17/2005

            	 
	
              50. 

            	
              MSI-340

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Filed

            	 	
              29/239,377

            	 	
              9/29/2005

            	 
	
              51. 

            	
              MSI-340CA

            	
              TIRE
                PRESSURE GAUGE

            	
              Canada
                

            	
              Filed
                

            	 	
              Not
                yet known

            	 	
              11/17/2005

            	 
	
              52. 

            	
              MSI-341

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Filed

            	 	
              29/239,378

            	 	
              9/29/2005

            	 
	
              53. 

            	
              MSI-341CA

            	
              TIRE
                PRESSURE GAUGE

            	
              Canada

            	
              Filed

            	 	
              Not
                yet known

            	 	
              11/17/2005

            	 
	
              54. 

            	
              MSI-342

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Filed

            	 	
              29/239,356

            	 	
              9/29/2005

            	 
	
              55. 

            	
              MSI-342CA

            	
              TIRE
                PRESSURE GAUGE

            	
              Canada

            	
              Filed

            	 	
              Not
                yet known

            	 	
              11/17/2005

            	 
	
              56. 

            	
              MSI-343

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Filed

            	 	
              29/239,695

            	 	
              10/3/2005

            	 
	
              57. 

            	
              MSI-343CA

            	
              TIRE
                PRESSURE GAUGE

            	
              Canada

            	
              Filed

            	 	
              Not
                yet known

            	 	 	 

    

     

    
      
        
        

      

      
        -
          48 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              58. 

            	
              MSI-348

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Filed

            	 	
              29/240,847

            	 	
              10/19/2005

            	 
	
              59. 

            	
              MSI-348CA

            	
              TIRE
                PRESSURE GAUGE

            	
              Canada

            	
              Filed

            	 	
              Not
                yet known

            	 	
              11/17/2005

            	 
	
              60. 

            	
              MSI-350

            	
              TIRE
                PRESSURE GAUGE (MS-5510)

            	
              U.S.

            	
              In
                preparation.

            	 	 	 	 	 
	
              61. 

            	
              MSI-351

            	
              TIRE
                PRESSURE GAUGE (MS-5520)

            	
              U.S.

            	
              In
                preparation

            	 	 	 	 	 
	
              62. 

            	 	
              BLUE
                BACKLIT TIRE GAUGE WITH WHITE FLASHLIGHT (DESIGN)

            	
              US

            	
              Not
                filed (awaiting disclosure materials)

            	 	 	 	 	 
	
              63. 

            	
              MSI-119

            	
              COMBINED
                TRANSMITTER AND RECEIVER FOR PARKING A VEHICLE USING POSITION DETECTION
                SENSOR

            	
              US

            	
              Granted

            	
              9/11/2015

            	
              29/132054

            	
              D447,714

            	
              11/1/2000

            	
              9/11/2001

            
	
              64. 

            	
              MSI-119CA

            	
              COMBINED
                TRANSMITTER AND RECEIVER FOR PARKING A VEHICLE USING POSITION DETECTION
                SENSOR

            	
              CA

            	
              Granted

            	
              2/28/2013

            	
              2001-1022

            	
              96687

            	
              4/23/2001

            	
              2/28/2003

            

    

     

    
      
        
        

      

      
        -
          49 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              65. 

            	
              MSI-119UK

            	
              COMBINED
                TRANSMITTER AND RECEIVER FOR PARKING A VEHICLE USING POSITION DETECTION
                SENSOR

            	
              UK

            	
              Granted

            	
              5/1/2026

            	
              2101525

            	
              2101525

            	
              5/1/2001

            	
              11/1/2001

            
	
              66. 

            	
              MSI-123

            	
              COMBINED
                TRANSMITTER AND RECEIVER FOR A VEHICLE PARKING INDICATOR
                SENSOR

            	
              US

            	
              Granted

            	
              10/17/2012

            	
              29/078,472

            	
              D400,115

            	
              10/27/1997

            	
              10/27/1998

            
	
              67. 

            	
              MSI-124

            	
              DESIGN
                FOR A COMBINED TRANSMITTER AND RECEIVER FOR A VEHICLE PARKING INDICATOR
                SENSOR

            	
              US

            	
              Granted

            	
              10/1/2016

            	
              29/132,079

            	
              D463,749

            	
              11/1/2000

            	
              10/1/2002

            
	
              68. 

            	
              MSI-124CA

            	
              DESIGN
                FOR A COMBINED TRANSMITTER AND RECEIVER FOR A VEHICLE PARKING INDICATOR
                SENSOR

            	
              CA

            	
              Granted

            	
              2/28/2013

            	
              2001-1023

            	
              96688

            	
              4/23/2001

            	
              2/28/2003

            

    

     

    
      
        
        

      

      
        -
          50 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              69. 

            	
              MSI-124UK

            	
              DESIGN
                FOR A COMBINED TRANSMITTER AND RECEIVER FOR A VEHICLE PARKING INDICATOR
                SENSOR

            	
              UK

            	
              Granted

            	
              5/1/2026

            	
              2101526

            	
              2101526

            	
              5/1/2001

            	
              11/1/2001

            
	
              70. 

            	
              MSI-126

            	
              A
                DESIGN FOR A VEHICLE PARKING INDICATOR SENSOR

            	
              US

            	
              Granted

            	
              3/26/2016

            	
              29/132,061

            	
              D454,807

            	
              11/1/2000

            	
              3/26/2002

            
	
              71. 

            	
              MSI-126CA

            	
              A
                DESIGN FOR A VEHICLE PARKING INDICATOR SENSOR

            	
              CA

            	
              Granted

            	
              2/28/2013

            	
              2001-1025

            	
              96690

            	
              4/23/2001

            	
              2/28/2003

            
	
              72. 

            	
              MSI-126-UK

            	
              A
                DESIGN FOR A VEHICLE PARKING INDICATOR SENSOR

            	
              UK

            	
              Lapsed

            	 	
              2101528

            	 	
              5/1/01

            	 
	
              73. 

            	
              MSI-127

            	
              VEHICLE
                PARKING INDICATOR SENSOR

            	
              US

            	
              Granted

            	
              10/9/2015

            	
              29/132,081

            	
              D449,010

            	
              11/1/2000

            	
              10/9/2001

            

    

     

    
      
        
        

      

      
        -
          51 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              74. 

            	
              MSI-127CA

            	
              VEHICLE
                PARKING INDICATOR SENSOR

            	
              CA

            	
              Granted

            	
              2/28/2013

            	
              2001-1026

            	
              96691

            	
              4/23/2001

            	
              2/28/2003

            
	
              75. 

            	
              MSI-127-UK

            	
              VEHICLE
                PARKING INDICATOR SENSOR

            	
              UK

            	
              Lapsed

            	 	
              2101529

            	 	
              5/1/01

            	 

    

    

    PRC
      DESIGN PATENTS

    

    
      	 	
              TITLE

            	
              CTRY

            	
              STATUS

            	
              EXP.
                DATE

            	
              APPLN.

              NO.

            	
              PATENT
                NO.

            	
              FILING
                DATE

            	
              ISSUE
                DATE

            
	
              1.

            	
               

              HUMAN
                BODY SCALE(MS-9360)

            	
               

              CN

            	
               

              GRANTED

            	
               

              4/14/2010

            	
               

              00305737.2

            	
               

              ZL00305737.2

            	
               

              4/14/2000

            	
               

              11/04/2000

            
	
              2.

            	
               

              FLEXURE
                ASSEMBLY

            	
               

              CN

            	
               

              GRANTED

            	
               

              9/2/2013

            	
               

              03362289.2

            	
               

              ZL03362289.2
                

            	
               

              9/2/2003

            	
               

              4/21/2004

            

    

    

    NON-PRC
      UTILITY PATENTS, PATENT APPLICATIONS AND DISCLOSURES

    

    
      	 	
              FILE
                NO.

            	
              TITLE

            	
              CTRY

            	
              STATUS

            	
              EXP.
                DATE

            	
              APPLN.

              NO.

            	
              PATENT
                NO.

            	
              FILING
                DATE

            	
              ISSUE
                DATE

            
	
              1. 

            	
               

               

               

              MSI-1

            	
               

               

               

              ELECTRONIC
                SCALE APPARATUS

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              4/11/2018

            	
               

               

               

              180,154

            	
               

               

               

              4,832,142

            	
               

               

               

              4/11/1988

            	
               

               

               

              5/23/1989

            
	
              2. 

            	
               

               

              MSI-4
                FWC

            	
               

               

              ELECTRICAL
                WEIGHING SCALE

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              11/6/2017

            	
               

               

               

              968,918

            	
               

               

               

              5,886,302

            	
               

               

               

              11/6/1997

            	
               

               

               

              3/23/1999

            
	
              3. 

            	
               

               

               

              MSI-8

            	
               

               

               

              MODULAR
                WEIGHING SCALE

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              1/28/2017

            	
               

               

               

              08/789,281

            	
               

               

               

              5,955,705

            	
               

               

               

              1/28/1997

            	
               

               

               

              9/21/1999

            
	
              4. 

            	
               

               

               

              MSI-8
                EPO

            	
               

               

               

              MODULAR
                WEIGHING SCALE

            	
               

               

               

              EPO

            	
               

              Pending

               

              9th
                renewal

              paid
                10/2005

            	
               

               

               

              98902657

            	 	 	
               

               

               

              1/22/1998

            	 

    

     

    
      
        
        

      

      
        -
          52 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              5. 

            	
               

               

               

              MSI-83

            	
               

               

               

              ELECTRONIC
                SCALE HAVING ANALOG DISPLAY

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              7/23/2019

            	
               

               

               

              09/360,331

            	
               

               

               

              6,410,863

            	
               

               

               

              7/23/1999

            	
               

               

               

              6/25/2002

            
	
              6. 

            	
               

               

               

              MSI-83-CA

            	
               

               

               

              ELECTRONIC
                SCALE HAVING ANALOG DISPLAY

               

            	
               

               

               

              CA

            	
               

              Pending

               

              Request

              Examination

              filed
                

              3/29/05

            	 	
               

               

               

              2,380,230

            	 	
               

               

               

              3/29/2000

            	 
	
              7. 

            	
               

               

               

              MSI-83-EPO

            	
               

               

               

              ELECTRONIC
                SCALE HAVING ANALOG DISPLAY

               

            	
               

               

               

              EPO

            	
               

               

               

              Pending

               

              6th
                renewal fee paid 03/30/05

            	 	
               

               

               

              918485.4

            	 	
               

               

               

              3/29/2000

            	 
	
              8. 

            	
               

              MSI-9

            	
               

              APPARATUS
                AND METHOD FOR AN AUTOMOATIC SELF-

              CALIBRATING
                (MS 7110)

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              11/27/16

            	
               

               

               

              08/757797

            	
               

               

               

              5832417

            	
               

               

               

              11/27/96

            	
               

               

               

              11/3/98

            
	
              9. 

            	
               

               

               

              MSI-93

            	
               

               

               

              APPARATUS
                AND METHOD FOR MEASURING BIOELECTRIC IMPEDANCE

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              1/12/2020

            	
               

               

               

              09/481,584

            	
               

               

               

              6,292,690

            	
               

               

               

              1/12/2000

            	
               

               

               

              9/18/2001

            
	
              10. 

            	
               

               

               

              MSI-93-JP

            	
               

               

               

              APPARATUS
                AND METHOD FOR MEASURING BIOELECTRIC IMPEDENCE

            	
               

               

               

              JP

            	
               

               

               

              Pending

            	 	
               

               

               

              2001-551380

            	 	
               

               

               

              3/29/2000

            	 

    

     

    
      
        
        

      

      
        -
          53 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              11. 

            	
               

               

               

              MSI-129

            	
               

               

               

              DUAL
                DISPLAY WEIGHT MEASURING APPARATUS WHICH DETECTS MOVEMENT OF THE
                POINTER
                THROUGH SLITS IN THE MECHANICAL DIAL FACE

            	
               

               

               

              US
                

            	
               

               

               

              Granted

            	
               

               

               

              2/28/2022

            	
               

               

               

              10/086,303

            	
               

               

               

              6,689,964

            	
               

               

               

              2/28/2002

            	
               

               

               

              2/10/2004

            
	
              12. 

            	
               

               

               

              MSI-129CIP

            	
               

               

               

              DUAL
                DISPLAY WEIGHT MEASURING APPARATUS 

            	
               

               

              US

            	
               

               

              Pending

            	 	
               

               

              10/772,706

            	 	
               

               

              2/5/2004

            	 
	
              13. 

            	
               

               

               

              MSI-186

            	
               

               

               

              WEIGHING
                SCALE WITH LEVEL COMPENSATING FOOT ASSEMBLY

               

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              8/6/2022

            	
               

               

               

              10/213,289

            	
               

               

               

              6,639,158

            	
               

               

               

              8/6/2002

            	
               

               

               

              10/28/2003

            
	
              14. 

            	
               

               

              MSI-86-CON

            	
               

               

              WEIGHING
                1SCALE WITH LEVEL COMPENSATING FOOT ASSEMBLY

            	
               

               

              US

            	
               

               

              Granted

            	
               

               

              10/28/2023

            	
               

               

              10/695,216

            	
               

               

              6,936,776

            	
               

               

              10/28/2003

            	
               

               

              8/30/2005

            
	
              15. 

            	
               

              MSI-186-CON2

            	
               

              WEIGHING
                SCALE WITH LEVEL COMPENSATING FOOT ASSEMBLY

            	
               

               

              US

            	
               

               

              Pending

            	 	
               

               

              11/215826

            	 	
               

               

              8/30/05

            	 
	
              16. 

            	
               

               

               

              MSI-186-EPO

            	
               

               

               

              WEIGHING
                SCALE WITH LEVEL COMPENSATING FOOT ASSEMBLY

            	
               

               

               

              EPO

            	
               

              Pending

               

              5th
                annuity due 08/30/06

            	 	
               

               

               

               

              2794660.7

            	 	
               

               

               

               

              8/6/2002

            	 

    

     

    
      
        
        

      

      
        -
          54 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              17. 

            	
               

              MSI-186-CN

               

            	
              WEIGHING
                SCALE WITH LEVEL COMPENSATING FOOT ASSEMNLY

            	
               

               

              CN

            	
               

               

              Pending
                First Office Action

            	 	
               

               

              02818276-6

            	 	
               

               

              8/6/02

            	 
	
              18. 

            	
               

               

               

              MSI-301-US

            	
               

               

               

              BODY
                FAT SCALE HAVING TRANSPARENT ELECTRODES

            	
               

               

               

              US

            	
               

               

               

              Pending

            	 	
               

               

               

              10/714,570

            	 	
               

               

               

              11/14/2003

            	 
	
              19. 

            	
               

               

               

              MSI-301-PCT

            	
               

               

               

              BODY
                FAT SCALE HAVING TRANSPARENT ELECTRODES

            	
               

               

               

              WO

            	
               

               

               

              Pending

            	 	
               

               

               

              PCT/US2003/

              036202

            	 	
               

               

               

              11/14/2003

            	 
	
              20. 

            	
               

               

              MSI-302

            	
               

               

              WEIGHING
                SCALE ADAPTED FOR ALLOWING A USER TO FIND AN OPTIMAL WEIGHING POSITION
                ON
                THE SCALE

            	
               

               

              US

            	
               

               

              Filed

            	 	
               

               

              10/714,443

            	 	
               

               

              11/14/2003

            	 
	
              21. 

            	
               

               

               

              MSI-302-PCT

            	
               

               

               

              WEIGHING
                SCALE ADAPTED FOR ALLOWING A USER TO FIND AN OPTIMAL WEIGHING POSITION
                ON
                THE SCALE

            	
               

               

               

              WO

            	
               

               

               

              Expired

            	 	
               

               

               

              PCT/US2003/

              036205

            	 	
               

               

               

              11/14/2003

            	 

    

     

    
      
        
        

      

      
        -
          55 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              22. 

            	
               

              MSI
                330P

               

               

            	
              TWO
                WIRE OSCILLATOR SYSTEM BODY IMPEDANCE

            	
               

               

              US

            	
               

               

              Expired

            	 	
               

               

              60/631042

            	 	
               

               

              11/24/04

            	 
	
              23. 

            	
               

              MSI-330

            	
              TWO
                WIRE OSCILLATOR SYSTEM FOR DETERMINING

              BODY
                IMPEDANCE

            	
               

               

              US

            	
               

              Filed

            	 	
              Not
                yet known

            	 	
              11/23/05

            	 
	
              24. 

            	
              MSI-330PCT

            	
              TWO
                WIRE OSCILLATOR SYSTEM FOR DETERMINING

              BODY
                IMPEDANCE

            	
              PCT

            	
              Filed

            	 	
              Not
                yet known

            	 	
              11/23/2005

            	 
	
              25. 

            	
               

               

              MSI-344

            	
               

               

              RF/BLOOD
                PRESSURE/

              TEMPARATURE

            	
               

               

              US

            	
               

               

              Not
                yet filed

            	 	 	 	 	 
	
              26. 

            	
               

               

              MSI-346

            	
               

               

              DEER
                SCALE

            	
               

               

              US

            	
               

              Not
                yet filed

            	 	 	 	 	 
	
              27. 

            	
              MSI-333

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Filed

            	 	
              11/051,650

            	 	
              2/4/2005

            	 
	
              28. 

            	
              MSI-333CA

            	
              TIRE
                PRESSURE GAUGE

            	
              Canada

            	
              Filed

            	 	
              Not
                yet known

            	 	
              10/14/2005

            	 
	
              29. 

            	
              MSI-333UK

            	
              TIRE
                PRESSURE GAUGE

            	
              UK

            	
              Filed

            	 	
              0520841.8

            	 	
              10/13/2005

            	 
	
              30. 

            	
              MSI-300

            	
              RECALL
                MECHANISM FOR A PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              10/17/2023

            	
              10/688,182

            	
              6,901,792

            	
              10/17/2003

            	
              6/7/2005

            
	
              31. 

            	
              MSI-300-PCT

            	
              RECALL
                MECHANISM FOR A PRESSTURE GAUGE

            	
              PCT

            	
              Expired

            	 	
              PCT/US03/

              33155

            	 	
              10/17/2003

            	 
	
              32. 

            	
              MSI-347

            	
              GEARING
                STRUCTURE FOR MECHANICAL TIRE PRESSURE GAUGE

            	
              US

            	
              Not
                filed (awaiting disclosure materials)

            	 	 	 	 	 
	
              33. 

            	 	
              ACOUSTIC
                RANGING APPARATUS AND METHOD

            	
              US

            	
              Granted

            	
              6/16/2008

            	
              07/207,744

            	
              4,975,889

            	
              6/16/1988

            	
              12/4/1990

            
	
              34. 

            	
              MSI-120

            	
              METHOD
                AND APPARATUS FOR PARKING A VEHICLE

            	
              US

            	
              Granted

            	
              10/30/2018

            	
              09/182,478

            	
              6,163,253

            	
              10/30/1998

            	
              12/19/2000

            

    

     

    
      
        
        

      

      
        -
          56 -

        
          

        

      

      
        
        

      

    

     

    
      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

      
        	
                35. 

              	
                MSI-121-EP

              	
                APPARATUS
                  AND METHOD FOR PARKING A VEHICLE USING POSITION DETECTION
                  SENSORS

              	
                EPO

              	
                Lapsed

              	 	
                2,310,570

              	 	
                4/3/98

              	 
	
                36. 

              	
                MSI-121-CA

              	
                APPARATUS
                  AND METHOD FOR PARKING A VEHICLE USING POSITION DETECTION
                  SENSORS

              	
                CA

              	
                Lapsed

              	 	
                98914477.9

              	 	
                5/15/00

              	 
	
                37. 

              	
                MSI-122

              	
                APPARATUS
                  AND METHOD FOR PARKING A VEHICLE USING POSITION DETECTION
                  SENSORS

              	
                US

              	
                Granted

              	
                10/27/2017

              	
                08/958,082

              	
                5945907

              	
                10/27/1997

              	
                8/31/1999

              

      

    

    

    PRC
      UTILITY MODELS

    

    
      	 	
              TITLE

            	
              CTRY

            	
              STATUS

            	
              EXP.
                DATE

            	
              APPLN.

              NO.

            	
              PATENT
                NO.

            	
              FILING
                DATE

            	
              ISSUE
                DATE

            
	
              1.

            	
               

               

              FLEXURE
                ASSEMBLY

            	
               

               

              CN

            	
               

               

              Granted

            	
               

               

              9/2/2013

            	
               

               

              03274209.6

            	
               

               

              ZL03274209.6
                

            	
               

               

              9/2/2003

            	
               

               

              2/9/2005

            
	
              2.

            	
               

              BODY
                FAT SCALE WITH TRANSPARENT ELECTRODE

            	
               

               

              CN

            	
               

               

              Granted

            	
               

               

              4/15/2013

            	
               

               

              03246450.9

            	
               

               

              ZL03246450.9
                

            	
               

               

              4/15/2003

            	
               

               

              7/7/2004

            

    

    

    
      
        
        

      

      
        -
          57 -

        
          

        

      

      
        
        

      

    

    LICENSED
      PATENTS

    

    
      	 	
              FILE
                NO.

            	
              TITLE

            	
              CTRY

            	
              STATUS

            	
              EXP.
                DATE

            	
              APPLN.

              NO.

            	
              PATENT
                NO.

            	
              FILING
                DATE

            	
              ISSUE
                DATE

            
	
              1. 

            	
              MSI-13

            	
              IMPROVED
                LOAD CELL WITH BOSSED SENSOR PLATE FOR AN ELECTRICAL WEIGHING
                SCALE

              (ALL
                BATH DIGITAL)

            	
              US

            	
              Granted

            	
              9/3/2018

            	
              09/146,890

            	
              6,417,466

            	
              9/3/1998

            	
              7/9/2002

            
	
              2. 

            	
              MSI-13
                EPO

            	
              IMPROVED
                LOAD CELL WITH BOSSED SENSOR PLATE FOR AN ELECTRICAL WEIGHING
                SCALE

            	
              (EPO,
                GB, Germany, France) 

            	
              Granted

            	
              9/2/2019

            	
              99410108

            	
              984251

            	
              9/2/1999

            	
              3/3/2004

            
	
              3. 

            	
              MSI19

            	
              SILICON
                STRAIN GAUGE HAVING A THIN LAYER OF HIGH CONDUCTIVE SILICON

              (DIGITAL
                ALL SCALES)

            	
              US

            	
              Granted

            	
              7/22/2019

            	
              09/359,012

            	
              6,635,910

            	
              7/22/1999

            	
              10/21/2003

            
	
              4. 

            	
              MSI-19-CA

            	
              SILICON
                STRAIN GAGE HAVING A THIN LAYER OF HIGHLY CONDUCTIVE
                SILICON

            	
              CA

            	
              Pending
                

              Examinatin
                Requested 5th maintenance fee paid 07/18/05

            	 	
              2,380,310

            	 	
              7/21/2000

            	 
	
              5. 

            	
              MSI-19-EPO

            	
              SILICON
                STRAIN GAGE HAVING A THIN LAYER OF HIGHLY CONDUCTIVE
                SILICON

            	
              EPO

            	
              Pending

              Pending'6th
                annuity paid 07/31/05

            	 	
              950526.4

            	 	
              7/21/2000

            	 
	
              6. 

            	
              MSI-5CPA

            	
              LOAD
                CELL FOR AN ELECTRICAL WEIGHING SCALE

              M
                BEAM

            	
              US

            	
              Granted

            	
              5/2/2016

            	
              08/641,624

            	
              5,929,391

            	
              5/2/1996

            	
              7/27/1999

            
	
              7. 

            	
              MSI-90

            	
              STRAIN
                GAUGE BASED SENSOR WITH IMPROVED LINEARITY

            	
              US

            	
              Granted

            	
              8/4/2020

            	
              09/633,177

            	
              6,568,276

            	
              8/4/2000

            	
              5/27/2003

            

    

    

    LICENSED
      PRC DESIGN PATENTS

    

      
        	
                TITLE

              	
                STATUS

              	
                APPLN.
                  NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              
	
                J
                  beam

              	
                Granted

              	
                3338307.3

              	
                 

              	
                6/20/2003

              	
                2/11/2004 

              
	
                M
                  beam

              	
                Granted

                 

              	
                03338309.X

              	
                 

              	
                6/20/2003

              	
                1/14/2004

              
	
                E
                  beam E1

              	
                Granted

                 

              	
                ZL
                  2005 3 0050997.3

              	
                 

              	
                1/19/2005

              	
                10/12/2005

              
	
                E
                  beam E2

              	
                Granted

                 

              	
                ZL
                  2005 3 0050998.8

              	
                 

              	
                1/19/2005

              	
                 10/12/2005

              
	
                E
                  beam E3

              	
                Granted

              	
                2005.30050999.2

              	
                 

              	
                1/19/2005

              	
                 10/12/2005

              

      

    

    

    
      
        
        

      

      
        -
          58 -

        
          

        

      

      
        
        

      

    

    TRADEMARKS

    

    
      	
              Mark

            	
              Jurisdiction

            	
              Filing
                Date

            	
              Application
                No.

            	
              Registration
                Date

            	
              Registration
                No.

            
	
              PARK-ZONE

            	
              U.S.

            	
              Feb.
                26, 1997

            	
              75/248,086

            	
              Aug.
                17, 1999

            	
              2,270,998

            
	
              ACCUTIRE

            	
              U.S.

            	
              Sept.
                30, 1988

            	
              73/755,235

            	
              Sept.
                5, 1989

            	
              1,554,489

            
	
              ACCUTAPE

            	
              U.S.

            	
              Sept.
                30, 1988

            	
              73/755,234

            	
              Sept.
                12, 1989

            	
              1,555,566

            
	
              PARK-ZONE

            	
              European
                Community

            	
              March
                6, 1998

            	
              764498

            	
              March
                3, 2000

            	
              764498

            
	
              PRO-FIT

            	
              South
                Korea

            	
              Aug.
                19, 2005

            	
              40-2005-38850

            	 	 
	
              PRO-FIT

            	
              Hong
                Kong

            	
              June
                6, 2005

            	
              300433548

            	
              Oct.
                19, 2005

            	
              300433548

            

    

    

    
      
        
        

      

      
        -
          59 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      5

    List
      of Software

    

    Attached
      as follows.

     

    
      
        
        

      

      
        -
          60 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      6

    Form
      of Letters of Resignation 

    

    
      
        	To :	The Directors	[Date]
	 	
                Measurement
                  Ltd. (the “Company”)

                Fourth
                  Floor, One Capital Place

                P.O.
                  Box 847GT

                Grand
                  Cayman

                Cayman
                  Islands

                British
                  West Indies

              	 

      

    

    

    I
      hereby
      resign with immediate effect as a director [and secretary] of the Company and
      confirm that:

    

    
      	
              1.

            	
              I
                have no claim outstanding against the Company, whether for compensation
                for loss of office or otherwise howsoever;
                and

            

    

    

    
      	
              2.

            	
              there
                is no agreement or arrangement outstanding under which the Company
                has or
                could have any obligation to me.

            

    

    

    
      	
              SIGNED,
                SEALED and DELIVERED as a

            	
              )

            
	
              Deed
                by [name]

            	
              )

            
	
              in
                the presence of:

            	
              )

            

    

     

    
      
        
        

      

      
        -
          61 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      7

    Form
      of Promissory Note

    

    PROMISSORY
      NOTE

    

    
      	Date:	
              [l]
                2005

            

    

    

    
      	Amount:	
              US$[l]
                

            

    

    

    The
      amount stated above is subject to adjustment (“Adjustment”)
      in
      accordance with Clause 7 of the share purchase agreement relating to the sale
      and purchase of the entire issued share capital of Measurement Ltd. dated 30
      November 2005 between Fervent Group Limited and Kenabell Holding Limited. A
      new
      promissory note stating the adjusted amount (where applicable) shall be provided
      by Fervent Group Limited and shall replace this Note as soon as reasonably
      practicable and by no later than 7 business days after the date on which the
      Adjustment shall be determined in accordance with the terms of the said share
      purchase agreement.

    

    Fervent
      Group Limited hereby, subject to and in accordance with the terms and conditions
      endorsed on this Note, unconditionally promises to pay in cash, upon written
      demand to the order of Kenabell Holdings Limited the sum of US$[l]
      (subject to Adjustment) upon the terms set out herein.

    

    This
      Note
      shall be governed by and construed in accordance with the laws of Hong Kong
      Special Administrative Region of the People’s Republic of China.

    

    
      	
              The
                Common Seal of

            	
              )

            
	
              Fervent
                Group Limited

            	
              )

            
	
              was
                duly affixed hereto

            	
              )

            
	
              in
                the presence of:

            	
              )

            

    

    

    Terms
      and conditions

    

    The
      issue
      of this Note has been duly authorised pursuant to a board resolution of Fervent
      Group Limited. Fervent Group Limited hereby waives diligence, presentment for
      payment, noting and/or notice of dishonour or of any other kind, protest and
      notice of protest or other formalities whatsoever.

    

    
      	1.	
              Status

            

    

    

    This
      Note
      is a direct, unconditional and unsubordinated obligation of Fervent Group
      Limited and ranks at least pari passu with all other outstanding unsecured
      and
      unsubordinated obligations of Fervent Group Limited (other than creditors
      preferred by mandatory provisions of law).

    

    
      
        
        

      

      
        -
          62 -

        
          

        

      

      
        
        

      

    

    
      	2.	
              Interest

            

    

    

    No
      interest shall accrue on the outstanding amount of this Note.

    

    
      	3.	
              Payment

            

    

    

    The
      amount of this Note shall be repaid by Fervent Group Limited in eight equal
      quarterly instalments. Each instalment is payable on the last day of the end
      of
      every 3 months during the 2 years after [completion
      date].

    

    
      
        
        

      

      
        -
          63 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      8

    Form
      of Deed of Guarantee

     

    THIS
      DEED OF GUARANTEE is made on the day of 2005

    

    BETWEEN:

    

    
      	
              (1)

            	
              Lee
                Man Ban of 26th Floor, Office B, United Centre, 95 Queensway, Hong
                Kong;

            

    

    

    
      	
              (2)

            	
              Chan
                Po Sang of 26th Floor, Office B, United Centre, 95 Queensway, Hong
                Kong
                (together with Lee Man Bun, the “Guarantors”);
                and

            

    

    

    
      	
              (3)

            	
              Kenabell
                Holding Limited whose registered office is at
                Trident Chambers Road Town, 146 Tortola, British Virgin Islands
                (“the
                Vendor”).

            

    

    

    WHEREAS:

    

    
      	
              (A)

            	
              By
                an Agreement for the Sale and Purchase of Shares dated [l]
                (“the
                Agreement”)
                made between (1) Fervent Group Limited of P.O. Box 957, Offshore
                Incorporations Centre, Road Town, Tortola, British Virgin Islands
                (the
                “Purchaser”)
                and (2) the Vendor, the Vendor has agreed to sell and the Purchaser
                has
                agreed to purchase the entire issued share capital of Measurement
                Ltd.
                (“Sale
                Share”)
                on the terms and conditions therein
                contained.

            

    

    

    
      	
              (B)

            	
              Pursuant
                to the Agreement, the Purchaser has agreed to procure the delivery
                of this
                Deed to the Vendor upon completion of the
                Agreement.

            

    

    

    NOW
      THIS DEED WITNESSES as follows:

    

    
      	
              1.

            	
              Unless
                the context requires otherwise, words and expressions and other rules
                of
                interpretation defined, used or set out in the Agreement have the
                same
                meanings and application in this
                Deed.

            

    

    

    
      	
              2.

            	
              References
                herein to the Agreement shall be construed as references to the Agreement
                as amended or supplemented from time to
                time.

            

    

    

    
      	
              3.

            	
              The
                Guarantors hereby unconditionally and irrevocably guarantee to the
                Vendor
                the due and punctual performance and observance by the Purchaser
                of its
                obligations under Clause 3.4 of the Agreement (the “Obligation”)
                The Guarantors shall pay to the Vendor from time to time on demand
                a sum
                of money which the Purchaser is at any time liable to pay to the
                Vendor
                under or pursuant to the Agreement and which has not been paid at
                the time
                the demand is made. The Guarantors’ Obligation under this Deed are primary
                obligations and not those of a mere surety. The liability of the
                Guarantors as aforesaid shall not be released or diminished by any
                arrangements or alterations of terms (whether of the Agreement or
                otherwise) or any forbearance, neglect or delay in seeking performance
                of
                the obligations hereby imposed or any granting of time for such
                performance. 

            

    

    

    
      	
              4.

            	
              The
                Guarantors irrevocably and unconditionally agree to indemnify (and
                keep
                indemnified) the Vendor against all losses, damages, interests, costs
                and
                expenses (including legal costs and expenses) which the Vendor may
                suffer
                through or arising from any breach by the Purchaser of the
                Obligation.

            

    

    

    
      
        
        

      

      
        -
          64 -

        
          

        

      

      
        
        

      

    

    
      	
              5.

            	
              The
                Guarantors’ obligations under Clause 3 and 4 are not affected by any
                arrangement which the Vendor may make with the Purchaser or with
                another
                person which (but for this Clause 5) might operate to diminish or
                discharge the liability of or otherwise provide a defence to a
                surety.

            

    

    

    
      	
              6.

            	
              The
                Guarantors’ liability under Clause 3 and 4 are not affected by the
                avoidance of an assurance, security or payment of a release, settlement
                or
                discharge which is given or made on the faith of an assurance, security
                or
                payment, in either case, under an enactment relating to bankruptcy
                or
                insolvency.

            

    

    

    
      	
              7.

            	
              The
                Guarantors’ obligations under Clauses 3 and 4 are continuing obligations
                and are not satisfied, discharged or affected by an intermediate
                payment
                or settlement of account by or a change in the constitution or control
                of,
                or merger or consolidation with any other person of, or the insolvency
                of,
                or bankruptcy, winding up or analogous proceedings relating to, the
                Purchaser.

            

    

    

    
      	
              8.

            	
              The
                Vendor may at any time as it thinks fit, without reference to the
                Guarantors and without prejudice to the Guarantors’ obligations under this
                Deed:

            

    

    

    
      	 	
              8.1

            	
              grant
                a time for payment or grant another indulgence or agree to an amendment,
                variation, waiver or release in respect of an obligation of the Purchaser
                under the Agreement;

            

    

    

    
      	 	
              8.2

            	
              give
                up, deal with, vary, exchange or abstain from perfecting or enforcing
                other securities or guarantees held by the
                Vendor;

            

    

    

    
      	 	
              8.3

            	
              discharge
                a party to other securities or guarantees held by the Vendor and
                realise
                all or any of those securities or guarantees;
                and

            

    

    

    
      	 	
              8.4

            	
              compound
                with, accept compositions from and make other arrangements with the
                Purchaser or a person or persons liable on other securities or guarantees
                held or to be held by the Vendor.

            

    

    

    So
      long
      as the Purchaser remains under an actual or contingent obligation under the
      Agreement, the Guarantors shall not exercise a right which it may at any time
      have by reason of the performance of its obligations under clauses 3 and 4
      to be
      indemnified by the Purchaser, to claim a contribution from another surety of
      the
      Purchaser's obligations or to take the benefit (wholly or partly and by way
      of
      subrogation or otherwise) of any of the Vendor's rights under the Agreement
      or
      of any other security taken by the Vendor in connection with the
      Agreement.]

    

    
      	
              9.

            	
              The
                Guarantors hereby waive any rights which they may have to require
                the
                Vendor to proceed first against or claim payment from the Purchaser
                before
                making a demand on the Guarantors.

            

    

    

    
      	
              10.

            	
              The
                Guarantors agree that if the Obligation may not be enforceable against
                or
                recoverable from the Purchaser by reason of any legal limitation,
                disability or incapacity of the Purchaser or any other fact or
                circumstance, the Obligation shall nevertheless be enforceable against
                or
                recoverable from the Guarantor as though the same had been incurred
                by
                them and they were the sole or principal obligor in respect thereof
                and
                shall be performed or paid by them on
                demand.

            

    

    

    
      
        
        

      

      
        -
          65 -

        
          

        

      

      
        
        

      

    

    
      	
              11.

            	
              No
                variation of this Deed is valid unless it is in writing and signed
                by each
                party.

            

    

    

    
      	
              12.

            	
              The
                failure to exercise or delay in exercising a right or remedy provided
                by
                this Deed or by law does not constitute a waiver of the right or
                remedy or
                a waiver of other rights or remedies. No single or partial exercise
                of a
                right or remedy provided by this Deed or by law prevents further
                exercise
                of the right or remedy or the exercise of another right or
                remedy.

            

    

    

    
      	
              13.

            	
              The
                rights and remedies contained in this Deed are cumulative and not
                exclusive of rights or remedies provided by
                law.

            

    

    

    
      	
              14.

            	
              A
                notice or other communication under or in connection with this Deed
                shall
                be in writing and shall be delivered personally or sent by first
                class
                post pre paid recorded delivery (or air mail if overseas) or by fax,
                to
                the party due to receive the notice or communication, at its address
                set
                out in this Deed or another address specified by that party by written
                notice to the other.

            

    

    

    
      	
              15.

            	
              In
                the absence of evidence of earlier receipt, a notice or other
                communication is deemed given:

            

    

    

    
      	 	
              15.1

            	
              if
                delivered personally, when left at the address referred to in clause
                5.1;

            

    

    

    
      	 	
              15.2

            	
              if
                sent by mail except air mail, two days after posting
                it;

            

    

    

    
      	 	
              15.3

            	
              if
                sent by air mail, six days after posting it;
                and

            

    

    

    
      	 	
              15.4

            	
              if
                sent by fax, on completion of its
                transmission.

            

    

    

    
      	
              16.

            	
              This
                Deed shall be governed by and construed in accordance with the laws
                of
                Hong Kong Special Administrative Region of the People’s Republic of China
                (“Hong Kong”)
                and parties hereto hereby irrevocably submit to the non-exclusive
                jurisdiction of the Hong Kong
                courts.

            

    

    

    
      	
              17.

            	
              This
                Deed may be executed in any number of counterparts each of which
                when
                executed and delivered shall be an original, but all the counterparts
                together shall constitute one and the same
                instrument.

            

    

    

    
      	
              18.

            	
              This
                Deed is delivered on the date written at the start of the
                Deed.

            

    

    

    
      
        
        

      

      
        -
          66 -

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF this Deed has been executed and is intended to be and is hereby
      delivered on the day and year first above written.

       

    
      	SIGNED, SEALED
              AND
              DELIVERED	)	 
	by Lee Man
              Ban	)	 
	
              in
                the presence of:

            	
              )

            	 
	 	 	 
	 	 	 
	 	 	 
	
              SIGNED,
                SEALED AND DELIVERED

            	
              )

            	 
	
              by
                Chan Po Sang

            	
              )

            	 
	
              in
                the presence of:

            	
              )

            	 
	 	 	 
	 	 	 
	 	 	 
	
              THE
                COMMON SEAL of

            	
              )

            	 
	
              Kenabell
                Holding Limited

            	
              )

            	 
	
              was
                affixed to this Deed

            	
              )

            	
              Director

            
	
              in
                the presence of:

            	
              )

            	 
	 	
              )

            	
              Director/Secretary

            

    

    

    
      
        
        

      

      
        -
          67 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      9

    Form
      of Deed of Design Patents Assignment (non-PRC)

    

    ASSIGNMENT
      OF DESIGN PATENTS

    

    DATE:
      

    

    PARTIES: 

     

    
      	
              (1)

            	
              Measurement
                Specialties, Inc.
                a
                corporation established and existing under the laws of New
                Jersey
                whose principal
                place of business
                is
                at 1000
                Lucas Way, Hampton VA 23666
                ("the Assignor").

            

    

     

    
      	
              (2)

            	
              Measurement
                Ltd.
                a
                company established and existing under the laws of Cayman
                Islands
                with registered number [                          ]
                whose [registered
                office/principal place of business]
                is
                at [                     ]
                ("the Assignee").

            

    

     

    Assignor
      and Assignee are hereinafter also individually referred to as a "Party" and
      collectively as the "Parties".

     

    RECITALS:

     

    
      	
              (A)

            	
              The
                Assignor is the owner of record of the patents and patent applications
                detailed particulars of which are set out in the Schedule (collectively,
                “Assigned Patents"; respectively, “Patents” and “Patent
                Applications”).

            

    

     

    
      	
              (B)

            	
              Pursuant
                to a share purchase agreement to be entered into between Kenabell
                Holding
                Limited and Fervent
                Group
                Limited (the “Share Purchase Agreement”), the Assignor has agreed to
                assign the entire right, title and interest in the Patents and the
                full
                benefit of the Patent Applications to the
                Assignee.

            

    

     

    
      	
              1.

            	
              INTERPRETATION

            

    

    

    
      	
              1.1

            	
              In
                this Assignment, where the context so admits or requires, words denoting
                the singular include the plural and vice versa;
                and

            

    

     

    
      	1.2	
              For
                the avoidance of doubt, “Assigned Patents” shall cover all Patents and
                Patent Applications listed in the attached Schedules, as well as
                any
                patent that issues from the Patent Applications listed in the attached
                Schedule, any and all patent filings claiming the priority of the
                Patents
                and Patent Applications listed in the Schedule, including all divisions,
                continuations, continuations-in-part, patents granted thereon, reissues,
                re-examined patents, renewals and extensions thereof, to the full
                extent
                of the term or terms and all forms of intellectual and industrial
                property
                protection, including, without limitation, patents, applications,
                utility
                models, inventor’s certificates, designs and other technical information
                together with the right to file applications therefore; and shall
                also
                cover the right to claim the same priority rights from any previously
                filed applications under the International Agreement for the Protection
                of
                Industrial Property, or any other international agreement, or the
                domestic
                laws of the country in which such application is filed, as may be
                applicable and all such rights, title, interest and benefit are to
                be held
                and enjoyed by the above-named Assignee, its successors, legal
                representatives and assigns to the same extent as all such rights,
                title,
                interest and benefit would have been enjoyed by the Assignor had
                this
                assignment not been made.  

            

    

    

    
      
        
        

      

      
        -
          68 -

        
          

        

      

      
        
        

      

    

    
      	2.	
              ASSIGNMENT

            

    

     

    
      	 	
              The
                Assignor hereby assigns to the
                Assignee:

            

    

     

    
      	
              2.1

            	
              the
                entire right, title and interest in the Assigned Patents for the
                residue
                of their respective terms, including all renewals and extensions;
                

            

    

     

    
      	
              2.2

            	
              the
                full benefit of the Assigned Patents and with the intent that the
                grant of
                any patent pursuant to the Patent Applications shall be in the name
                of and
                vest absolutely in the Assignee; and

            

    

     

    
      	
              2.3

            	
              the
                right to sue for and obtain full and effective relief in respect
                of every
                act of infringement of the Assigned Patents occurring prior to, at
                the
                same time of, and in the future of the signing date of this Assignment.
                

            

    

    

    
      	
              3.

            	
              REPRESENTATIONS

            

    

     

    
      	 	
              The
                Assignor represents that:

            

    

     

    
      	
              3.1

            	
              it
                shall, at the request of Assignee, execute all such further documents,
                forms and authorisations and depose or swear any declaration or oath
                as
                may be required or as the Assignee may deem necessary or expedient
                or
                otherwise be necessary for absolutely vesting full right, title and
                interest in and to the Patents and full benefit of the Patent Applications
                to the Assignee;

            

    

     

    
      	
              3.2

            	
              it
                shall, at the request of Assignee, execute all further documents
                that are
                necessary to effectuate the recordal of the assignment of the Assigned
                Patents from Assignor to Assignee with the relevant government authority,
                and the governmental fees associated with such recordal shall be
                for the
                account of Assignee; 

            

    

     

    
      	
              4.

            	
              WARRANTIES

            

    

     

    
      	 	
              The
                Assignor warrants that:

            

    

     

    it
      has
      the full power and authority to enter into this Assignment and to perform fully
      each and every one of its obligations hereunder and 

    further
      it has fully authorised its representative whose signature is affixed hereto
      to
      sign this Assignment and to bind it

     

    
      	
              5.

            	
              IMPROVEMENTS
                AND MODIFICATIONS

            

    

     

    
      	 	
              The
                Assignee shall have the right to make improvements or modifications
                to the
                Patents and Patent Applications and shall have full ownership rights
                over
                any improvements made by it. 

            

    

    

    
      	
              6.

            	
              ASSIGNMENT

            

    

     

    
      	 	
              This
                Assignment shall be binding upon and shall inure to the benefit of
                the
                Parties hereto, their Affiliates, assigns and successors in interest.
                

            

    

    

    
      	
              7.

            	
              TERM

            

    

    

    
      	 	
              The
                effective date of the Assignment shall be the date first set forth
                above
                (the “Effective Date”).

            

    

    

    
      
        
        

      

      
        -
          69 -

        
          

        

      

      
        
        

      

    

    
      	
              8.

            	
              GOVERNING
                LAW 

            

    

     

    
      	 	
              The
                construction, validity and performance of this Assignment shall be
                governed by the laws of Hong Kong.

            

    

     

    IN
      WITNESS WHEREOF, the Parties hereto have caused this Assignment to be executed
      in [ ] originals by their duly authorised representatives as of the date first
      above written.

     

    
      	
              Measurement
                Specialties, Inc.

            	
              Measurement
                Ltd.

            
	 	 
	
              By:

            	
              By:

            
	 	 
	
              Name:

            	
              Name:

            
	 	 
	
              Title:

            	
              Title:

            

    

    

    

    
      
        
        

      

      
        -
          70 -

        
          

        

      

      
        
        

      

    

    

    SCHEDULE
      TO ASSIGNMENT OF DESIGN PATENTS

    

    
      	 	
              FILE
                NO.

            	
              TITLE

            	
              CTRY

            	
              STATUS

            	
              EXP.
                DATE

            	
              APPLN.

              NO.

            	
              PATENT
                NO.

            	
              FILING
                DATE

            	
              ISSUE
                DATE

            
	
              1. 

            	
               

              MSI-7

            	
               

              FOOD
                SCALE

            	
               

              US

            	
               

              GRANTED

            	
               

              2/17/2012

            	
               

              62,492

            	
               

              D390,796

            	
               

              11/15/1996

            	
               

              2/17/1998

            
	
              2. 

            	
               

              MSI-100

            	
               

              ELECTROMECHANICAL
                SCALE

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              6/26/2015

            	
               

               

              29/116,851

            	
               

               

              D444,090S

            	
               

               

              1/11/2000

            	
               

               

              6/26/2001

            
	
              3. 

            	
               

               

              MSI-101

            	
               

               

              GLASS
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              7/3/2015

            	
               

               

              29/117,072

            	
               

               

              D444,403S

            	
               

               

              1/14/2000

            	
               

               

              7/3/2001

            
	
              4. 

            	
               

               

              MSI-18

            	
               

              DIGITAL
                GLASS I-BEAM SCALE

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              1/4/2014

            	
               

               

              29/100,390

            	
               

               

              D418,439

            	
               

               

              2/10/1999

            	
               

               

              1/4/2000

            
	
              5. 

            	
               

               

              MSI-21

            	
               

              MECHANICAL
                GLASS I-BEAM SCALE

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              5/30/2014

            	
               

               

              29/100389

            	
               

               

              D425,806

            	
               

               

              2/10/1999

            	
               

               

              5/30/2000

            
	
              6. 

            	
               

               

              MSI-22

            	
               

               

              BATH
                SCALE DESIGN WITH HANDLE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              1/11/2014

            	
               

               

              29/100,386

            	
               

               

              D418,766

            	
               

               

              2/10/1999

            	
               

               

              1/11/2000

            
	
              7. 

            	
               

               

              MSI-23

            	
               

               

              BATH
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              1/25/2014

            	
               

               

              29/100,387

            	
               

               

              D419,472

            	
               

               

              2/10/1999

            	
               

               

              1/25/2000

            
	
              8. 

            	
               

               

              MSI-24

            	
               

               

              WIDE
                BODY SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              12/21/2013

            	
               

               

              29/100,388

            	
               

               

              D417,852

            	
               

               

              2/10/1999

            	
               

               

              12/21/1999

            
	
              9. 

            	
               

               

              MIS-95

            	
               

               

              ELECTRONIC
                SCALE

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              4/10/2015

            	
               

               

              29/116,842

            	
               

               

              D440,167S

            	
               

               

              1/11/2000

            	
               

               

              4/10/2001

            
	
              10. 

            	
               

               

              MSI-96

            	
               

               

              V-SCALE

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              7/10/2015

            	
               

               

              29/116,848

            	
               

               

              D444,724S

            	
               

               

              1/11/2000

            	
               

               

              7/10/2001

            
	
              11. 

            	
               

               

              MSI-97

            	
               

               

              HANDLE
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              6/26/2015

            	
               

               

              29/116,845

            	
               

               

              D444,088S

            	
               

               

              1/11/2000

            	
               

               

              6/26/2001

            
	
              12. 

            	
               

               

              MSI-98

            	
               

               

              BODY
                FAT SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              7/3/2015

            	
               

               

              29/116,857

            	
               

               

              D444,402S

            	
               

               

              1/11/2000

            	
               

               

              7/3/2001

            
	
              13. 

            	
               

               

              MSI-99

            	
               

               

              BODY
                FAT SCALE

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              6/26/2015

            	
               

               

              29/116,847

            	
               

               

              D444,089S

            	
               

               

              1/11/2000

            	
               

               

              6/26/2001

            
	
              14. 

            	
               

               

              MSI-136

            	
               

               

              BATHROOM
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              12/11/2015

            	
               

               

              29/135,537

            	
               

               

              D451,835S

            	
               

               

              1/12/2001

            	
               

               

              12/11/2001

            
	
              15. 

            	
               

               

              MSI-137

            	
               

               

              BATHROOM
                SCALE 

            	
               

               

              US
                

            	
               

               

              GRANTED

            	
               

               

              10/23/2015

            	
               

               

              29/135,540

            	
               

               

              D449,552S

            	
               

               

              1/12/2001

            	
               

               

              10/23/2001

            
	
              16. 

            	
               

               

              MSI-138

            	
               

               

              BATHROOM
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              11/6/2015

            	
               

               

              29/135,538

            	
               

               

              D450,003S

            	
               

               

              1/12/2001

            	
               

               

              11/6/2001

            
	
              17. 

            	
               

               

              MSI-139

            	
               

               

              BATHROOM
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              11/13/2015

            	
               

               

              29/135,539

            	
               

               

              D450,258S

            	
               

               

              1/12/2001

            	
               

               

              11/13/2001

            

    

     

    
      
        
        

      

      
        -
          71 -

        
          

        

      

      
        
        

      

       

    

    
      	 	
              FILE
                NO.

            	 TITLE	
              CTRY

            	
              STATUS

            	
              EXP.
                DATE

            	
              APPLN.

              NO.

            	
              PATENT
                NO.

            	
              FILING
                DATE

            	
              ISSUE
                DATE

            
	
              18. 

            	
               

               

              MSI-140

            	
               

               

              BATHROOM
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              11/13/2015

            	
               

               

              29/135,569

            	
               

               

              D450,259S

            	
               

               

              1/12/2001

            	
               

               

              11/13/2001

            
	
              19. 

            	
               

               

              MSI-141

            	
               

               

              BATHROOM
                SCALE 

            	
               

               

              US

            	
               

               

              GRANTED

            	
               

               

              11/6/2015

            	
               

               

              29/135,567

            	
               

               

              D450,004S

            	
               

               

              1/12/2001

            	
               

               

              11/6/2001

            
	
              20. 

            	
               

               

              MSI-306I

            	
               

              BATHROOM
                SCALE CLOCK

            	
               

               

              US

            	
               

               

              PENDING

            	 	
               

               

              29/196,107

            	 	
               

               

              12/22/03

            	 
	
              21. 

            	
               

              MSI-306

              -DIV

            	
               

              BATHROOM
                SCALE CLOCK

            	
               

               

              US

            	
               

               

              PENDING

            	 	
               

               

              29/233,059

            	 	
               

               

              06/27/05

            	 
	
              22. 

            	
              MSI-338

            	
              BODY
                FAT SCALE

            	
              US

            	
              PENDING

            	 	
              29/229408

            	 	
              05/06/05

            	 
	
              23. 

            	
              MSI-10

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              2/3/2012

            	
              29/65,069

            	
              D390,140

            	
              1/21/1997

            	
              2/3/1998

            
	
              24. 

            	
              MSI-11

            	
              COMPACT
                TIRE PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              5/18/2013

            	
              29/085,428

            	
              D409,931

            	
              3/23/1998

            	
              5/18/1999

            
	
              25. 

            	
              MSI-102

            	
              PRESSURE
                GAUGE

            	
              US

            	
              Granted

            	
              4/24/2015

            	
              29/121,022

            	
              D440,894

            	
              3/30/2000

            	
              4/24/2001

            
	
              26. 

            	
              MSI-103

            	
              PRESSURE
                GAUGE

            	
              US

            	
              Granted

            	
              4/24/2015

            	
              29/121,021

            	
              D440,893

            	
              3/30/2000

            	
              4/24/2001

            
	
              27. 

            	
              MSI-104

            	
              PRESSURE
                GAUGE

            	
              US

            	
              Granted

            	
              5/8/2015

            	
              29/121,023

            	
              D441,674

            	
              3/30/2000

            	
              5/8/2001

            
	
              28. 

            	
              MSI-105

            	
              PRESSURE
                GAUGE

            	
              US

            	
              Granted

            	
              4/24/2015

            	
              29/121,042

            	
              D440,895

            	
              3/30/2000

            	
              4/24/2001

            
	
              29. 

            	
              MSI-12

            	
              DELUXE
                TIRE PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              5/11/2013

            	
              29/085,429

            	
              D409,509

            	
              3/23/1998

            	
              5/11/1999

            
	
              30. 

            	
              MSI-117

            	
              ORNAMENTAL
                DESIGN FOR A PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              11/13/2015

            	
              29/131534

            	
              D450,257

            	
              10/24/2000

            	
              11/13/2001

            
	
              31. 

            	
              MSI-117CA

            	
              ORNAMENTAL
                DESIGN FOR A PRESSURE GAUGE

            	
              Canada

            	
              Granted

            	
              8/21/2012

            	
              2001-1020

            	
              96685

            	
              4/23/2001

            	
              8/21/2002

            
	
              32. 

            	
              MSI-117UK

            	
              ORNAMENTAL
                DESIGN FOR A PRESSURE GAUGE

            	
              UK

            	
              Lapsed

            	 	
              2101299

            	 	
              4/23/01

            	 
	
              33. 

            	
              MSI-118

            	
              PRESSURE
                GAUGE

            	
              US

            	
              Granted

            	
              9/18/2015

            	
              29/132080

            	
              D447,970

            	
              11/1/2000

            	
              9/18/2001

            
	
              34. 

            	
              MSI-118
                CA

            	
              PRESSURE
                GAUGE

            	
              CA

            	
              Granted

            	
              12/18/2012

            	
              2001-1021

            	
              96686

            	
              4/23/2001

            	
              12/18/2002

            
	
              35. 

            	
              MSI-118-UK

            	
              PRESSURE
                GAUGE

            	
              UK

            	
              Lapsed

            	 	
              2101524

            	 	
              5/1/01

            	 
	
              36. 

            	
              MSI-125

            	
              A
                DESIGN FOR A STREAMLINED PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              4/16/2016

            	
              29/132,078

            	
              D455,666

            	
              11/1/2000

            	
              4/16/2002

            
	
              37. 

            	
              MSI-125CA

            	
              A
                DESIGN FOR A STREAMLINED PRESSURE GAUGE

            	
              CA

            	
              Granted

            	
              10/30/2012

            	
              2001-1024

            	
              96689

            	
              4/23/2001

            	
              10/30/2002

            
	
              38. 

            	
              MSI-125UK

            	
              A
                DESIGN FOR A STREAMLINED PRESSURE GAUGE

            	
              UK

            	
              Granted

            	
              5/1/2026

            	
              2101527

            	
              2101527

            	
              5/1/2001

            	
              7/31/2001

            

    

     

    
      
        
        

      

      
        -
          72 -

        
          

        

      

      
        
        

      

      
         

      

    

    
      
        	 	
                FILE
                  NO.

              	 TITLE	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

      
        	
                39. 

              	
                MSI-174

              	
                TIRE
                  PRESSURE GAUGE

              	
                US

              	
                Granted

              	
                6/25/2016

              	
                29/149,364

              	
                D459,257

              	
                10/9/2001

              	
                6/25/2002

              
	
                40. 

              	
                MSI-175

              	
                TIRE
                  PRESSURE GAUGE

              	
                US

              	
                Granted

              	
                7/2/2016

              	
                29/149,346

              	
                D459,668

              	
                10/9/2001

              	
                7/2/2002

              
	
                41. 

              	
                MSI-176

              	
                TIRE
                  PRESSURE GAUGE 

              	
                US

              	
                Granted

              	
                9/10/2016

              	
                29/149,213

              	
                D462,627

              	
                 

                10/09/2001

              	
                9/10/2002

              
	
                42. 

              	
                MSI-331

              	
                TIRE
                  PRESSURE GAUGE

              	
                US

              	
                Filed

              	 	
                29/222,932

              	 	
                2/4/2005

              	 
	
                43. 

              	
                MSI-331UK
                  (Embodiment #1)

              	
                TIRE
                  PRESSURE GAUGE

              	
                UK

              	
                Filed

              	 	
                3022762

              	 	
                10/14/2005

              	 
	
                44. 

              	
                MSI-331
                  UK (Embodiment #2)

              	
                TIRE
                  PRESSURE GAUGE

              	
                UK

              	
                Filed

              	 	
                3022761

              	 	
                10/14/2005

              	 
	
                45. 

              	
                MSI-331
                  CA

              	
                TIRE
                  PRESSURE GAUGE

              	
                Canada

              	
                Filed

              	 	
                Not
                  yet known

              	 	
                10/14/2005

              	 
	
                46. 

              	
                MSI-334

              	
                TIRE
                  PRESSURE GAUGE

              	
                US

              	
                Filed

              	 	
                29/222,837

              	 	
                2/4/2005

              	 
	
                47. 

              	
                MSI-336

              	
                DISPLAY
                  FOR A TIRE PRESSURE GAUGE

              	
                US

              	
                Filed

              	 	
                29/222,933

              	 	
                2/4/2005

              	 
	
                48. 

              	
                MSI-339

              	
                TIRE
                  PRESSURE GAUGE

              	
                US

              	
                Filed

              	 	
                29/239,373

              	 	
                9/29/2005

              	 
	
                49. 

              	
                MSI-339CA

              	
                TIRE
                  PRESSURE GAUGE

              	
                Canada

              	
                Filed

              	 	
                Not
                  yet known

              	 	
                11/17/2005

              	 
	
                50. 

              	
                MSI-340

              	
                TIRE
                  PRESSURE GAUGE

              	
                US

              	
                Filed

              	 	
                29/239,377

              	 	
                9/29/2005

              	 
	
                51. 

              	
                MSI-340CA

              	
                TIRE
                  PRESSURE GAUGE

              	
                Canada
                  

              	
                Filed
                  

              	 	
                Not
                  yet known

              	 	
                11/17/2005

              	 
	
                52. 

              	
                MSI-341

              	
                TIRE
                  PRESSURE GAUGE

              	
                US

              	
                Filed

              	 	
                29/239,378

              	 	
                9/29/2005

              	 
	
                53. 

              	
                MSI-341CA

              	
                TIRE
                  PRESSURE GAUGE

              	
                Canada

              	
                Filed

              	 	
                Not
                  yet known

              	 	
                11/17/2005

              	 
	
                54. 

              	
                MSI-342

              	
                TIRE
                  PRESSURE GAUGE

              	
                US

              	
                Filed

              	 	
                29/239,356

              	 	
                9/29/2005

              	 
	
                55. 

              	
                MSI-342CA

              	
                TIRE
                  PRESSURE GAUGE

              	
                Canada

              	
                Filed

              	 	
                Not
                  yet known

              	 	
                11/17/2005

              	 
	
                56. 

              	
                MSI-343

              	
                TIRE
                  PRESSURE GAUGE

              	
                US

              	
                Filed

              	 	
                29/239,695

              	 	
                10/3/2005

              	 
	
                57. 

              	
                MSI-343CA

              	
                TIRE
                  PRESSURE GAUGE

              	
                Canada

              	
                Filed

              	 	
                Not
                  yet known

              	 	 	 
	
                58. 

              	
                MSI-348

              	
                TIRE
                  PRESSURE GAUGE

              	
                US

              	
                Filed

              	 	
                29/240,847

              	 	
                10/19/2005

              	 
	
                59. 

              	
                MSI-348CA

              	
                TIRE
                  PRESSURE GAUGE

              	
                Canada

              	
                Filed

              	 	
                Not
                  yet known

              	 	
                11/17/2005

              	 
	
                60. 

              	
                MSI-350

              	
                TIRE
                  PRESSURE GAUGE (MS-5510)

              	
                U.S.

              	
                In
                  preparation.

              	 	 	 	 	 
	
                61. 

              	
                MSI-351

              	
                TIRE
                  PRESSURE GAUGE (MS-5520)

              	
                U.S.

              	
                In
                  preparation

              	 	 	 	 	 
	
                62. 

              	 	
                BLUE
                  BACKLIT TIRE GAUGE WITH WHITE FLASHLIGHT (DESIGN)

              	
                US

              	
                Not
                  filed (awaiting disclosure materials)

              	 	 	 	 	 
	
                63. 

              	
                MSI-119

              	
                COMBINED
                  TRANSMITTER AND RECEIVER FOR PARKING A VEHICLE USING POSITION DETECTION
                  SENSOR

              	
                US

              	
                Granted

              	
                9/11/2015

              	
                29/132054

              	
                D447,714

              	
                11/1/2000

              	
                9/11/2001

              

      

    

     

    
      
        
        

      

      
        -
          73 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	 TITLE	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              64. 

            	
              MSI-119CA

            	
              COMBINED
                TRANSMITTER AND RECEIVER FOR PARKING A VEHICLE USING POSITION DETECTION
                SENSOR

            	
              CA

            	
              Granted

            	
              2/28/2013

            	
              2001-1022

            	
              96687

            	
              4/23/2001

            	
              2/28/2003

            
	
              65. 

            	
              MSI-119UK

            	
              COMBINED
                TRANSMITTER AND RECEIVER FOR PARKING A VEHICLE USING POSITION DETECTION
                SENSOR

            	
              UK

            	
              Granted

            	
              5/1/2026

            	
              2101525

            	
              2101525

            	
              5/1/2001

            	
              11/1/2001

            
	
              66. 

            	
              MSI-123

            	
              COMBINED
                TRANSMITTER AND RECEIVER FOR A VEHICLE PARKING INDICATOR
                SENSOR

            	
              US

            	
              Granted

            	
              10/17/2012

            	
              29/078,472

            	
              D400,115

            	
              10/27/1997

            	
              10/27/1998

            
	
              67. 

            	
              MSI-124

            	
              DESIGN
                FOR A COMBINED TRANSMITTER AND RECEIVER FOR A VEHICLE PARKING INDICATOR
                SENSOR

            	
              US

            	
              Granted

            	
              10/1/2016

            	
              29/132,079

            	
              D463,749

            	
              11/1/2000

            	
              10/1/2002

            
	
              68. 

            	
              MSI-124CA

            	
              DESIGN
                FOR A COMBINED TRANSMITTER AND RECEIVER FOR A VEHICLE PARKING INDICATOR
                SENSOR

            	
              CA

            	
              Granted

            	
              2/28/2013

            	
              2001-1023

            	
              96688

            	
              4/23/2001

            	
              2/28/2003

            
	
              69. 

            	
              MSI-124UK

            	
              DESIGN
                FOR A COMBINED TRANSMITTER AND RECEIVER FOR A VEHICLE PARKING INDICATOR
                SENSOR

            	
              UK

            	
              Granted

            	
              5/1/2026

            	
              2101526

            	
              2101526

            	
              5/1/2001

            	
              11/1/2001

            
	
              70. 

            	
              MSI-126

            	
              A
                DESIGN FOR A VEHICLE PARKING INDICATOR SENSOR

            	
              US

            	
              Granted

            	
              3/26/2016

            	
              29/132,061

            	
              D454,807

            	
              11/1/2000

            	
              3/26/2002

            
	
              71. 

            	
              MSI-126CA

            	
              A
                DESIGN FOR A VEHICLE PARKING INDICATOR SENSOR

            	
              CA

            	
              Granted

            	
              2/28/2013

            	
              2001-1025

            	
              96690

            	
              4/23/2001

            	
              2/28/2003

            
	
              72. 

            	
              MSI-126UK

            	
              A
                DESIGN FOR A VEHICLE PARKING INDICATOR SENSOR

            	
              UK

            	
              Lapsed

            	 	
              2101528

            	 	
              5/1/01

            	 
	
              73. 

            	
              MSI-127

            	
              VEHICLE
                PARKING INDICATOR SENSOR

            	
              US

            	
              Granted

            	
              10/9/2015

            	
              29/132,081

            	
              D449,010

            	
              11/1/2000

            	
              10/9/2001

            
	
              74. 

            	
              MSI-127CA

            	
              VEHICLE
                PARKING INDICATOR SENSOR

            	
              CA

            	
              Granted

            	
              2/28/2013

            	
              2001-1026

            	
              96691

            	
              4/23/2001

            	
              2/28/2003

            

    

     

    
      
        
        

      

      
        -
          74 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	 TITLE	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              

      

    

    
      	
              75. 

            	
              MSI-127US

            	
              VEHICLE
                PARKING INDICATOR SENSOR

            	
              UK

            	
              Lapsed

            	 	
              2101529

            	 	
              5/1/01

            	 

    

    

    
      
        
        

      

      
        -
          75 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      10

    Form
      of Deed of Design Patents Assignment (PRC)

    

    ASSIGNMENT
      OF PRC DESIGN PATENTS

     

    DATE:
      

     

    PARTIES:

     

    
      	
              (1)

            	
              MSI
                Sensors (China) Limited, formerly known as Jingliang Electronic (Shenzhen)
                Co., Ltd.,
                a
                corporation established and existing under the laws of The
                People’s Republic of China
                whose principal
                place of business
                is
                at Block
                4A, Tian Fa Building, Tian An Cyber Park Fu Tian District, Shenzhen,
                China
                518048
                ("the Assignor").

            

    

     

    
      	
              (2)

            	
              Measurement
                Ltd.
                a
                company established and existing under the laws of Cayman
                Islands
                with registered number [                          ]
                whose [registered
                office/principal place of business]
                is
                at [                     ]
                ("the Assignee").

            

    

     

    Assignor
      and Assignee are hereinafter also individually referred to as a "Party" and
      collectively as the "Parties".

     

    RECITALS:

     

    
      	
              (A)

            	
              The
                Assignor is the registered proprietor of the patents with detailed
                particulars set out below
                (“Patents”):

            

    

    

    
      	 	
              TITLE

            	
              CTRY

            	
              STATUS

            	
              EXP.
                DATE

            	
              APPLN.

              NO.

            	
              PATENT
                NO.

            	
              FILING
                DATE

            	
              ISSUE
                DATE

            
	
              1.

            	
               

              HUMAN
                BODY SCALE(MS-9360)

            	
               

              CN

            	
               

              GRANTED

            	
               

              4/14/2010

            	
               

              00305737.2

            	
               

              ZL00305737.2

            	
               

              4/14/2000

            	
               

              11/04/2000

            
	
              2.

            	
               

              FLEXURE
                ASSEMBLY

            	
               

              CN

            	
               

              GRANTED

            	
               

              9/2/2013

            	
               

              03362289.2

            	
               

              ZL03362289.2
                

            	
               

              9/2/2003

            	
               

              4/21/2004

            

    

    

    
      	
              (B)

            	
              Pursuant
                to a share purchase agreement to be entered into between Kenabell
                Holding
                Limited and Fervent
                Group
                Limited (the “Share Purchase Agreement”), the Assignor has agreed to
                assign the entire right, title and interest in the Assigned Patents
                and
                the full benefit of the Assigned Patents to the
                Assignee.

            

    

     

    
      	
              1.

            	
              INTERPRETATION

            

    

    

    
      	
              1.1

            	
              In
                this Assignment, where the context so admits or requires, words denoting
                the singular include the plural and vice versa;
                and

            

    

     

    
      	1.2	
              For
                the avoidance of doubt, “Assigned Patents” shall cover all Patents listed
                in the table above, as well as any and all patent filings claiming
                the
                priority of the Patents listed in the table, including all divisions,
                continuations, continuations-in-part, patents granted thereon, reissues,
                re-examined patents, renewals and extensions thereof, to the full
                extent
                of the term or terms and all forms of intellectual and industrial
                property
                protection, including, without limitation, patents, applications,
                utility
                models, inventor’s certificates, designs and other technical information
                together with the right to file applications therefore; and shall
                also
                cover the right to claim the same priority rights from any previously
                filed applications under the International Agreement for the Protection
                of
                Industrial Property, or any other international agreement, or the
                domestic
                laws of the country in which such application is filed, as may be
                applicable and all such rights, title, interest and benefit are to
                be held
                and enjoyed by the above-named Assignee, its successors, legal
                representatives and assigns to the same extent as all such rights,
                title,
                interest and benefit would have been enjoyed by the Assignor had
                this
                assignment not been made.  

            

    

     

    
      
        
        

      

      
        -
          76 -

        
          

        

      

      
        
        

      

    

    
      	2.	
              ASSIGNMENT

            

    

     

    
      	 	
              The
                Assignor hereby assigns to the
                Assignee:

            

    

     

    
      	
              2.1

            	
              the
                entire right, title and interest in the Assigned Patents for the
                residue
                of their respective terms, including all renewals and extensions;
                

            

    

     

    
      	
              2.2

            	
              the
                full benefit of the Assigned Patents and with the intent that the
                grant of
                any patent claiming priority of the Patents shall be in the name
                of and
                vest absolutely in the Assignee; and

            

    

     

    
      	
              2.3

            	
              the
                right to sue for and obtain full and effective relief in respect
                of every
                act of infringement of the Assigned Patents occurring prior to, at
                the
                same time of, and in the future of the signing date of this Assignment.
                

            

    

     

    
      	
              3.

            	
              REPRESENTATIONS

            

    

     

    
      	 	
              The
                Assignor represents that:

            

    

     

    
      	
              3.1

            	
              it
                shall execute all such further documents, forms and authorisations
                and
                depose or swear any declaration or oath as may be required or as
                the
                Assignee may deem necessary or expedient or otherwise be necessary
                for
                absolutely vesting full right, title and interest in and to the Assigned
                Patents and full benefit of the Assigned Patents to the Assignee;
                and

            

    

     

    
      	3.2	
              it
                shall execute all further documents that are necessary to effectuate
                the
                recordal of the assignment of the Assigned Patents from Assignor
                to
                Assignee with the relevant government authority, and the governmental
                fees
                associated with such recordal shall be for the account of
                Assignee. 

            

    

     

    
      	
              4.

            	
              WARRANTIES

            

    

     

    
      	 	
              The
                Assignor warrants that:

            

    

     

    it
      has
      the full power and authority to enter into this Assignment and to perform fully
      each and every one of its obligations hereunder and further it has fully
      authorised its representative whose signature is affixed hereto to sign this
      Assignment and to bind it.

     

    
      	
              5.

            	
              IMPROVEMENTS
                AND MODIFICATIONS

            

    

     

    
      	 	
              The
                Assignee shall have the right to make improvements or modifications
                to the
                Assigned Patents and shall have full ownership rights over any
                improvements made by it. 

            

    

     

    
      	
              6.

            	
              ASSIGNMENT

            

    

     

    
      	 	
              This
                Assignment shall be binding upon and shall inure to the benefit of
                the
                Parties hereto, their Affiliates, assigns and successors in interest.
                

            

    

    

    
      	
              7.

            	
              TERM

            

    

     

    
      	 	
              The
                effective date of the Assignment shall be the date first set forth
                above
                (the “Effective Date”).

            

    

    

    
      
        
        

      

      
        -
          77 -

        
          

        

      

      
        
        

      

    

    
      	
              8.

            	
              GOVERNING
                LAW 

            

    

     

    
      	 	
              The
                construction, validity and performance of this Assignment shall be
                governed by the laws of Hong Kong.

            

    

     

    IN
      WITNESS WHEREOF, the Parties hereto have caused this Assignment to be executed
      in [ ] originals by their duly authorised representatives as of the date first
      above written.

     

    
      	
              MSI
                Sensors (China) Limited

            	
              Measurement
                Ltd.

            
	 	 
	
              By:

            	
              By:

            
	 	 
	
              Name:

            	
              Name:

            
	 	 
	
              Title:

            	
              Title:

            
	 	 

    

     

    
      
        
        

      

      
        -
          78 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      11

    Form
      of Deed of Utility Patents Assignment (non-PRC)

    

    ASSIGNMENT
      OF UTILITY PATENTS

     

    DATE:
      PARTIES:

     

    
      	
              (1)

            	
              Measurement
                Specialties, Inc.
                a
                corporation established and existing under the laws of New
                Jersey
                whose principal
                place of business
                is
                at 1000
                Lucas Way, Hampton VA 23666
                ("the Assignor").

            

    

     

    
      	
              (2)

            	
              Measurement
                Ltd.
                a
                company established and existing under the laws of Cayman
                Islands
                with registered number [                          ]
                whose [registered
                office/principal place of business]
                is
                at [                     ]
                ("the Assignee").

            

    

     

    Assignor
      and Assignee are hereinafter also individually referred to as a "Party" and
      collectively as the "Parties".

     

    RECITALS:

     

    
      	
              (A)

            	
              The
                Assignor is the owner of record of the patents and patent applications
                detailed particulars of which are set out in the Schedule (collectively,
                “Assigned Patents"; respectively, “Patents” and “Patent
                Applications”).

            

    

     

    
      	
              (B)

            	
              Pursuant
                to a share purchase agreement to be entered into between Kenabell
                Holding
                Limited and Fervent
                Group
                Limited (the “Share Purchase Agreement”), the Assignor has agreed to
                assign the entire right, title and interest in the Patents and the
                full
                benefit of the Patent Applications to the
                Assignee.

            

    

     

    
      	
              1.

            	
              INTERPRETATION

            

    

    

    
      	
              1.1

            	
              In
                this Assignment, where the context so admits or requires, words denoting
                the singular include the plural and vice versa;
                and

            

    

     

    
      	1.2	
              For
                the avoidance of doubt, “Assigned Patents” shall cover all Patents and
                Patent Applications listed in the attached Schedules, as well as
                any
                patent that issues from the Patent Applications listed in the attached
                Schedule, any and all patent filings claiming the priority of the
                Patents
                and Patent Applications listed in the Schedule, including all divisions,
                continuations, continuations-in-part, patents granted thereon, reissues,
                re-examined patents, renewals and extensions thereof, to the full
                extent
                of the term or terms and all forms of intellectual and industrial
                property
                protection, including, without limitation, patents, applications,
                utility
                models, inventor’s certificates, designs and other technical information
                together with the right to file applications therefore; and shall
                also
                cover the right to claim the same priority rights from any previously
                filed applications under the International Agreement for the Protection
                of
                Industrial Property, or any other international agreement, or the
                domestic
                laws of the country in which such application is filed, as may be
                applicable and all such rights, title, interest and benefit are to
                be held
                and enjoyed by the above-named Assignee, its successors, legal
                representatives and assigns to the same extent as all such rights,
                title,
                interest and benefit would have been enjoyed by the Assignor had
                this
                assignment not been made.  

            

    

     

    2. ASSIGNMENT

     

    
      	 	
              The
                Assignor hereby assigns to the
                Assignee:

            

    

     

    
      
        
        

      

      
        -
          79 -

        
          

        

      

      
        
        

      

    

    
      	
              2.1

            	
              the
                entire right, title and interest in the Assigned Patents for the
                residue
                of their respective terms, including all renewals and extensions;
                

            

    

     

    
      	
              2.2

            	
              the
                full benefit of the Assigned Patents and with the intent that the
                grant of
                any patent pursuant to the Patent Applications shall be in the name
                of and
                vest absolutely in the Assignee; and

            

    

     

    
      	
              2.3

            	
              the
                right to sue for and obtain full and effective relief in respect
                of every
                act of infringement of the Assigned Patents occurring prior to, at
                the
                same time of, and in the future of the signing date of this Assignment.
                

            

    

     

    
      	
              3.

            	
              REPRESENTATIONS

            

    

     

    
      	 	
              The
                Assignor represents that:

            

    

     

    
      	
              3.1

            	
              it
                shall, at the request of Assignee, execute all such further documents,
                forms and authorisations and depose or swear any declaration or oath
                as
                may be required or as the Assignee may deem necessary or expedient
                or
                otherwise be necessary for absolutely vesting full right, title and
                interest in and to the Patents and full benefit of the Patent Applications
                to the Assignee;

            

    

     

    
      	
              3.2

            	
              it
                shall, at the request of Assignee, execute all further documents
                that are
                necessary to effectuate the recordal of the assignment of the Assigned
                Patents from Assignor to Assignee with the relevant government authority,
                and the governmental fees associated with such recordal shall be
                for the
                account of Assignee; 

            

    

     

    
      	
              4.

            	
              WARRANTIES

            

    

     

    
      	 	
              The
                Assignor warrants that:

            

    

     

    it
      has
      the full power and authority to enter into this Assignment and to perform fully
      each and every one of its obligations hereunder and further it has fully
      authorised its representative whose signature is affixed hereto to sign this
      Assignment and to bind it.

     

    
      	
              5.

            	
              IMPROVEMENTS
                AND MODIFICATIONS

            

    

     

    
      	 	
              The
                Assignee shall have the right to make improvements or modifications
                to the
                Patents and Patent Applications and shall have full ownership rights
                over
                any improvements made by it. 

            

    

     

    
      	
              6.

            	
              ASSIGNMENT

            

    

     

    
      	 	
              This
                Assignment shall be binding upon and shall inure to the benefit of
                the
                Parties hereto, their Affiliates, assigns and successors in interest.
                

            

    

     

    
      	
              7.

            	
              TERM

            

    

     

    
      	 	
              The
                effective date of the Assignment shall be the date first set forth
                above
                (the “Effective Date”).

            

    

     

    
      
        
        

      

      
        -
          80 -

        
          

        

      

      
        
        

      

    

    
      	
              8.

            	
              GOVERNING
                LAW AND JURISDICTION

            

    

     

    
      	 	
              The
                construction, validity and performance of this Assignment shall be
                governed by the laws of Hong Kong.

            

    

     

    IN
      WITNESS WHEREOF, the Parties hereto have caused this Assignment to be executed
      in [ ] originals by their duly authorised representatives as of the date first
      above written.

     

    
      	
              Measurement
                Specialties, Inc.

            	
              Measurement
                Ltd.

            
	 	 
	
              By:

            	
              By:

            
	 	 
	
              Name:

            	
              Name:

            
	 	 
	
              Title:

            	
              Title:

            

    

    

    
      
        
        

      

      
        -
          81 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      TO ASSIGNMENT OF UTILITY PATENTS

    

    
      	 	
              FILE
                NO.

            	
              TITLE

            	
              CTRY

            	
              STATUS

            	
              EXP.
                DATE

            	
              APPLN.

              NO.

            	
              PATENT
                NO.

            	
              FILING
                DATE

            	
              ISSUE
                DATE

            
	
              38. 

            	
               

               

               

              MSI-1

            	
               

               

               

              ELECTRONIC
                SCALE APPARATUS

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              4/11/2018

            	
               

               

               

              180,154

            	
               

               

               

              4,832,142

            	
               

               

               

              4/11/1988

            	
               

               

               

              5/23/1989

            
	
              39. 

            	
               

               

              MSI-4
                FWC

            	
               

               

              ELECTRICAL
                WEIGHING SCALE

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              11/6/2017

            	
               

               

               

              968,918

            	
               

               

               

              5,886,302

            	
               

               

               

              11/6/1997

            	
               

               

               

              3/23/1999

            
	
              40. 

            	
               

               

               

              MSI-8

            	
               

               

               

              MODULAR
                WEIGHING SCALE

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              1/28/2017

            	
               

               

               

              08/789,281

            	
               

               

               

              5,955,705

            	
               

               

               

              1/28/1997

            	
               

               

               

              9/21/1999

            
	
              41. 

            	
               

               

               

              MSI-8
                EPO

            	
               

               

               

              MODULAR
                WEIGHING SCALE

            	
               

               

               

              EPO

            	
               

              Pending

               

              8th
                renewal

              paid
                12/2004

            	
               

               

               

              98902657

            	 	 	
               

               

               

              1/22/1998

            	 
	
              42. 

            	
               

               

               

              MSI-83

            	
               

               

               

              ELECTRONIC
                SCALE HAVING ANALOG DISPLAY

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              7/23/2019

            	
               

               

               

              09/360,331

            	
               

               

               

              6,410,863

            	
               

               

               

              7/23/1999

            	
               

               

               

              6/25/2002

            
	
              43. 

            	
               

               

               

              MSI-83-CA

            	
               

               

               

              ELECTRONIC
                SCALE HAVING ANALOG DISPLAY

               

            	
               

               

               

              CA

            	
               

              Pending

               

              Request

              Examination

              to
                be filed by

              3/29/05

            	 	
               

               

               

              2,380,230

            	 	
               

               

               

              3/29/2000

            	 
	
              44. 

            	
               

               

               

              MSI-83-EPO

            	
               

               

               

              ELECTRONIC
                SCALE HAVING ANALOG DISPLAY

               

            	
               

               

               

              EPO

            	
               

               

               

              Pending

               

              6th
                renewal fee due 03/31/05

            	 	
               

               

               

              918485.4

            	 	
               

               

               

              3/29/2000

            	 

    

     

    
      
        
        

      

      
        -
          82 -

        
          

        

      

      
        
        

      

       

    

    
      	 	
              FILE
                NO.

            	
              TITLE

            	
              CTRY

            	
              STATUS

            	
              EXP.
                DATE

            	
              APPLN.

              NO.

            	
              PATENT
                NO.

            	
              FILING
                DATE

            	
              ISSUE
                

            
	
              45. 

            	
               

              MSI-9

            	
               

              APPARATUS
                AND METHOD FOR AN AUTOMOATIC SELF-CALIBRATING (MS 7110)

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              11/27/16

            	
               

               

               

              08/757797

            	
               

               

               

              5832417

            	
               

               

               

              11/27/96

            	
               

               

               

              11/3/98

            
	
              46. 

            	
               

               

               

              MSI-93

            	
               

               

               

              APPARATUS
                AND METHOD FOR MEASURING BIOELECTRIC IMPEDANCE

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              1/12/2020

            	
               

               

               

              09/481,584

            	
               

               

               

              6,292,690

            	
               

               

               

              1/12/2000

            	
               

               

               

              9/18/2001

            
	
              47. 

            	
               

               

               

              MSI-93-JP

            	
               

               

               

              APPARATUS
                AND METHOD FOR MEASURING BIOELECTRIC IMPEDENCE

            	
               

               

               

              JP

            	
               

               

               

              Pending

            	 	
               

               

               

              2001-551380

            	 	
               

               

               

              3/29/2000

            	 
	
              48. 

            	
               

               

               

              MSI-129

            	
               

               

               

              DUAL
                DISPLAY WEIGHT MEASURING APPARATUS WHICH DETECTS MOVEMENT OF THE
                POINTER
                THROUGH SLITS IN THE MECHANICAL DIAL FACE

            	
               

               

               

              US
                

            	
               

               

               

              Granted

            	
               

               

               

              2/28/2022

            	
               

               

               

              10/086,303

            	
               

               

               

              6,689,964

            	
               

               

               

              2/28/2002

            	
               

               

               

              2/10/2004

            

    

     

    
      
        
        

      

      
        -
          83 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  

              

      

    

    
      	
              49. 

            	
               

               

               

              MSI-129CIP

            	
               

               

               

              DUAL
                DISPLAY WEIGHT MEASURING APPARATUS 

            	
               

               

              US

            	
               

               

              Pending

            	 	
               

               

              10/772,706

            	 	
               

               

              2/5/2004

            	 
	
              50. 

            	
               

               

               

              MSI-186

            	
               

               

               

              WEIGHING
                SCALE WITH LEVEL COMPENSATING FOOT ASSEMBLY

               

            	
               

               

               

              US

            	
               

               

               

              Granted

            	
               

               

               

              8/6/2022

            	
               

               

               

              10/213,289

            	
               

               

               

              6,639,158

            	
               

               

               

              8/6/2002

            	
               

               

               

              10/28/2003

            
	
              51. 

            	
               

               

              MSI-186-CON

            	
               

               

              WEIGHING
                SCALE WITH LEVEL COMPENSATING FOOT ASSEMBLY

            	
               

               

              US

            	
               

               

              Granted

            	
               

               

              10/28/2023

            	
               

               

              10/695,216

            	
               

               

              6,936,776

            	
               

               

              10/28/2003

            	
               

               

              8/30/2005

            
	
              52. 

            	
               

              MSI-186-CON2

            	
               

              WEIGHING
                SCALE WITH LEVEL COMPENSATING FOOT ASSEMBLY

            	
               

               

              US

            	
               

               

              Pending

            	 	
               

               

              11/215826

            	 	
               

               

              8/30/05

            	 
	
              53. 

            	
               

               

               

              MSI-186-EPO

            	
               

               

               

              WEIGHING
                SCALE WITH LEVEL COMPENSATING FOOT ASSEMBLY

            	
               

               

               

              EPO

            	
               

              Pending

               

              5th
                annuity due 08/30/06

            	 	
               

               

               

               

              2794660.7

            	 	
               

               

               

               

              8/6/2002

            	 
	
              54. 

            	
               

              MSI-186-CN

               

            	
              WEIGHING
                SCALE WITH LEVEL COMPENSATING FOOT ASSEMNLY

            	
               

               

              CN

            	
               

               

              Pending
                First Office Action

            	 	
               

               

              02818276-6

            	 	
               

               

              8/6/02

            	 
	
              55. 

            	
               

               

               

              MSI-301-US

            	
               

               

               

              BODY
                FAT SCALE HAVING TRANSPARENT ELECTRODES

            	
               

               

               

              US

            	
               

               

               

              Pending

            	 	
               

               

               

              10/714,570

            	 	
               

               

               

              11/14/2003

            	 

    

     

    
      
        
        

      

      
        -
          84 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  

              

      

    

    
      	
              56. 

            	
               

               

               

              MSI-301-PCT

            	
               

               

               

              BODY
                FAT SCALE HAVING TRANSPARENT ELECTRODES

            	
               

               

               

              WO

            	
               

               

               

              Pending

            	 	
               

               

               

              PCT/US2003/

              036202

            	 	
               

               

               

              11/14/2003

            	 
	
              57. 

            	
               

               

              MSI-302

            	
               

               

              WEIGHING
                SCALE ADAPTED FOR ALLOWING A USER TO FIND AN OPTIMAL WEIGHING POSITION
                ON
                THE SCALE

            	
               

               

              US

            	
               

               

              Filed

            	 	
               

               

              10/714,443

            	 	
               

               

              11/14/2003

            	 
	
              58. 

            	
               

               

               

              MSI-302-PCT

            	
               

               

               

              WEIGHING
                SCALE ADAPTED FOR ALLOWING A USER TO FIND AN OPTIMAL WEIGHING POSITION
                ON
                THE SCALE

            	
               

               

               

              WO

            	
               

               

               

              Expired

            	 	
               

               

               

              PCT/US2003/

              036205

            	 	
               

               

               

              11/14/2003

            	 
	
              59. 

            	
               

              MSI
                330P

               

               

            	
              TWO
                WIRE OSCILLATOR SYSTEM BODY IMPEDANCE

            	
               

               

              US

            	
               

               

              Expired

            	 	
               

               

              60/631042

            	 	
               

               

              11/24/04

            	 
	
              60. 

            	
               

              MSI-330

            	
              TWO
                WIRE OSCILLATOR SYSTEM FOR DETERMININGBODY IMPEDANCE

            	
               

               

              US

            	
               

              Filed

            	 	
              Not
                yet known

            	 	
              11/23/05

            	 

    

     

    
      
        
        

      

      
        -
          85 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  

              

      

    

    
      	
              61. 

            	
              MSI-330PCT

            	
              TWO
                WIRE OSCILLATOR SYSTEM FOR DETERMININGBODY IMPEDANCE

            	
              PCT

            	
              Filed

            	 	
              Not
                yet known

            	 	
              11/23/2005

            	 
	
              62. 

            	
               

               

              MSI-344

            	
               

               

              RF/BLOOD
                PRESSURE/

              TEMPARATURE

            	
               

               

              US

            	
               

               

              Not
                yet filed

            	 	 	 	 	 
	
              63. 

            	
               

               

              MSI-346

            	
               

               

              DEER
                SCALE

            	
               

               

              US

            	
               

              Not
                yet filed

            	 	 	 	 	 
	
              64. 

            	
              MSI-333

            	
              TIRE
                PRESSURE GAUGE

            	
              US

            	
              Filed

            	 	
              11/051,650

            	 	
              2/4/2005

            	 
	
              65. 

            	
              MSI-333CA

            	
              TIRE
                PRESSURE GAUGE

            	
              Canada

            	
              Filed

            	 	
              Not
                yet known

            	 	
              10/14/2005

            	 
	
              66. 

            	
              MSI-333UK

            	
              TIRE
                PRESSURE GAUGE

            	
              UK

            	
              Filed

            	 	
              0520841.8

            	 	
              10/13/2005

            	 
	
              67. 

            	
              MSI-300

            	
              RECALL
                MECHANISM FOR A PRESSURE GAUGE

            	
              US

            	
              Granted

            	
              10/17/2023

            	
              10/688,182

            	
              6,901,792

            	
              10/17/2003

            	
              6/7/2005

            
	
              68. 

            	
              MSI-300-PCT

            	
              RECALL
                MECHANISM FOR A PRESSTURE GAUGE

            	
              PCT

            	
              Expired

            	 	
              PCT/US03/

              33155

            	 	
              10/17/2003

            	 
	
              69. 

            	
              MSI-347

            	
              GEARING
                STRUCTURE FOR MECHANICAL TIRE PRESSURE GAUGE

            	
              US

            	
              Not
                filed (awaiting disclosure materials)

            	 	 	 	 	 
	
              70. 

            	 	
              ACOUSTIC
                RANGING APPARATUS AND METHOD

            	
              US

            	
              Granted

            	
              6/16/2008

            	
              07/207,744

            	
              4,975,889

            	
              6/16/1988

            	
              12/4/1990

            
	
              71. 

            	
              MSI-120

            	
              METHOD
                AND APPARATUS FOR PARKING A VEHICLE

            	
              US

            	
              Granted

            	
              10/30/2018

            	
              09/182,478

            	
              6,163,253

            	
              10/30/1998

            	
              12/19/2000

            

    

     

    
      
        
        

      

      
        -
          86 -

        
          

        

      

      
        
        

      

      
        	 	
                FILE
                  NO.

              	
                TITLE

              	
                CTRY

              	
                STATUS

              	
                EXP.
                  DATE

              	
                APPLN.

                NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  

              

      

    

    
      	
              72. 

            	
              MSI-122

            	
              APPARATUS
                AND METHOD FOR PARKING A VEHICLE USING POSITION DETECTION
                SENSORS

            	
              US

            	
              Granted

            	
              10/27/2017

            	
              08/958,082

            	
              5945907

            	
              10/27/1997

            	
              8/31/1999

            

    

    

    
      
        
        

      

      
        -
          87 -

        
          

        

      

      
        
        

      

    

    

    SCHEDULE
      12

    Form
      of Deed of Utility Model Patents Assignment (PRC)

    

    ASSIGNMENT
      OF PRC UTILITY MODEL PATENTS

     

    DATE:
      

     

    PARTIES:

     

    
      	
              (1)

            	
              MSI
                Sensors (China) Limited, formerly known as Jingliang Electronics
                (Shenzhen) Co., Ltd.,
                a
                corporation established and existing under the laws of The
                People’s Republic of China
                whose principal
                place of business
                is
                at Block
                4A, Tian Fa Building, Tian An Cyber Park Fu Tian District, Shenzhen,
                China
                518048
                ("the Assignor").

            

    

     

    
      	
              (2)

            	
              Measurement
                Ltd.
                a
                company established and existing under the laws of Cayman
                Islands
                with registered number [                          ]
                whose [registered
                office/principal place of business]
                is
                at [                     ]
                ("the Assignee").

            

    

     

    Assignor
      and Assignee are hereinafter also individually referred to as a "Party" and
      collectively as the "Parties".

     

    RECITALS:

     

    
      	
              (A)

            	
              The
                Assignor is the registered proprietor of the PRC utility model patents
                detailed particulars of which are set out below
                (“Patents”):

            

    

    

    
      	 	
              TITLE

            	
              CTRY

            	
              STATUS

            	
              EXP.
                DATE

            	
              APPLN.

              NO.

            	
              PATENT
                NO.

            	
              FILING
                DATE

            	
              ISSUE
                DATE

            
	
              1.

            	
               

               

              FLEXURE
                ASSEMBLY

            	
               

               

              CN

            	
               

               

              Granted

            	
               

               

              9/2/2013

            	
               

               

              03274209.6

            	
               

               

              ZL03274209.6
                

            	
               

               

              9/2/2003

            	
               

               

              2/9/2005

            
	
              2.

            	
               

              BODY
                FAT SCALE WITH TRANSPARENT ELECTRODE

            	
               

               

              CN

            	
               

               

              Granted

            	
               

               

              4/15/2013

            	
               

               

              03246450.9

            	
               

               

              ZL03246450.9
                

            	
               

               

              4/15/2003

            	
               

               

              7/7/2004

            

    

    

    
      	
              (B)

            	
              Pursuant
                to a share purchase agreement to be entered into between Kenebell
                Holding
                Limited and Fervent
                Group
                Limited (the “Share Purchase Agreement”), the Assignor has agreed to
                assign the entire right, title and interest in the Patents and the
                full
                benefit of the Patents to the
                Assignee.

            

    

     

    
      	
              1.

            	
              INTERPRETATION

            

    

    

    
      	
              1.1

            	
              In
                this Assignment, where the context so admits or requires, words denoting
                the singular include the plural and vice versa;
                and

            

    

     

    
      	1.2	
              For
                the avoidance of doubt, “Assigned Patents” shall cover all Patents listed
                above, as well as any and all patent filings claiming the priority
                of the
                Patents listed above, including all divisions, continuations,
                continuations-in-part, patents granted thereon, reissues, re-examined
                patents, renewals and extensions thereof, to the full extent of the
                term
                or terms and all forms of intellectual and industrial property protection,
                including, without limitation, patents, applications, utility models,
                inventor’s certificates, designs and other technical information together
                with the right to file applications therefore; and shall also cover
                the
                right to claim the same priority rights from any previously filed
                applications under the International Agreement for the Protection
                of
                Industrial Property, or any other international agreement, or the
                domestic
                laws of the country in which such application is filed, as may be
                applicable and all such rights, title, interest and benefit are to
                be held
                and enjoyed by the above-named Assignee, its successors, legal
                representatives and assigns to the same extent as all such rights,
                title,
                interest and benefit would have been enjoyed by the Assignor had
                this
                assignment not been made.  

            

    

     

    
      
        
        

      

      
        -
          88 -

        
          

        

      

      
        
        

      

    

    
      	2.	
              ASSIGNMENT

            

    

     

    
      	 	
              The
                Assignor hereby assigns to the
                Assignee:

            

    

     

    
      	
              2.1

            	
              the
                entire right, title and interest in the Assigned Patents for the
                residue
                of their respective terms, including all renewals and extensions;
                

            

    

     

    
      	
              2.2

            	
              the
                full benefit of the Assigned Patents and with the intent that the
                grant of
                any patent claiming priority of the Patents shall be in the name
                of and
                vest absolutely in the Assignee; and

            

    

     

    
      	
              2.3

            	
              the
                right to sue for and obtain full and effective relief in respect
                of every
                act of infringement of the Assigned Patents occurring prior to, at
                the
                same time of, and in the future of the signing date of this Assignment.
                

            

    

     

    
      	
              3.

            	
              REPRESENTATIONS

            

    

     

    
      	 	
              The
                Assignor represents that:

            

    

     

    
      	
              3.1

            	
              it
                shall, at the request of Assignee, execute all such further documents,
                forms and authorisations and depose or swear any declaration or oath
                as
                may be required or as the Assignee may deem necessary or expedient
                or
                otherwise be necessary for absolutely vesting full right, title and
                interest in and to the Assigned Patents and full benefit of the Assigned
                Patents to the Assignee; and

            

    

     

    
      	3.2	
              it
                shall, at the request of Assignee, execute all further documents
                that are
                necessary to effectuate the recordal of the assignment of the Assigned
                Patents from Assignor to Assignee with the relevant government authority,
                and the governmental fees associated with such recordal shall be
                for the
                account of Assignee. 

            

    

     

    
      	
              4.

            	
              WARRANTIES

            

    

     

    
      	 	
              The
                Assignor warrants that:

            

    

     

    
      	 	
              it
                has the full power and authority to enter into this Assignment and
                to
                perform fully each and every one of its obligations hereunder and
                further
                it has fully authorised its representative whose signature is affixed
                hereto to sign this Assignment and to bind
                it.

            

    

     

    
      	
              5.

            	
              IMPROVEMENTS
                AND MODIFICATIONS

            

    

     

    
      	 	
              The
                Assignee shall have the right to make improvements or modifications
                to the
                Assigned Patents and shall have full ownership rights over any
                improvements made by it. 

            

    

     

    
      	
              6.

            	
              ASSIGNMENT

            

    

    

    
      	 	
              This
                Assignment shall be binding upon and shall inure to the benefit of
                the
                Parties hereto, their Affiliates, assigns and successors in interest.
                

            

    

    

    
      
        
        

      

      
        -
          89 -

        
          

        

      

      
        
        

      

    

    
      	
              7.

            	
              TERM

            

    

    

    
      	 	
              The
                effective date of the Assignment shall be the date first set forth
                above
                (the “Effective Date”).

            

    

    

    
      	
              8.

            	
              GOVERNING
                LAW

            

    

     

    
      	 	
              The
                construction, validity and performance of this Assignment shall be
                governed by the laws of Hong Kong.

            

    

     

    IN
      WITNESS WHEREOF, the Parties hereto have caused this Assignment to be executed
      in [ ] originals by their duly authorised representatives as of the date first
      above written.

     

    
      	
              MSI
                Sensors (China) Limited

            	
              Measurement
                Ltd.

            
	 	 
	
              By:

            	
              By:

            
	 	 
	
              Name:

            	
              Name:

            
	 	 
	
              Title:

            	
              Title:

            
	 	 

    

     

    
      
        
        

      

      
        -
          90 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      13

    Form
      of Deed of Utility Patents Licence (non-PRC)

    

    LICENSE
      OF UTILITY PATENTS

    

    DATE:
      

     

    PARTIES:

     

    
      	
              (1)

            	
              Measurement
                Specialties, Inc.
                a
                corporation established and existing under the laws of New
                Jersey
                whose principal
                place of business
                is
                at 1000
                Lucas Way, Hampton VA 23666 (the
                “Licensor”).

            

    

     

    
      	
              (2)

            	
              Measurement
                Ltd.
                a
                company established and existing under the laws of Cayman
                Islands with
                registered number [                          ]
                whose [registered
                office/principal place of business]
                is
                at [                     ]
                (the “Licensee”).

            

    

     

    Licensor
      and Licensee are hereinafter also individually referred to as a "Party" and
      collectively as the "Parties".

     

    BACKGROUND

    

    In
      furtherance of that certain share purchase agreement to be entered into between
      Kenabell Holding Limited and Fervent
      Group
      Limited
      (the "Share Purchase Agreement"), the Licensor has agreed to grant, and the
      Licensee has agreed to take, a licence of certain patent rights on the terms
      set
      out in this Agreement.

     

    AGREED TERMS 

     

    
      	1.	
              INTERPRETATION

            

    

     

    
      	1.1	
              In
                this Agreement except where the context otherwise requires, the following
                terms shall have the following
                meanings:

            

    

     

    
      
        
        

      

      
        -
          91 -

        
          

        

      

      
        
        

      

    

    
      	
              "Affiliates”

            	
              means,
                with respect to any Person, any other Person that, directly or indirectly,
                Controls, is Controlled by or is under common Control with such specified
                Person and “Affiliates” shall be construed accordingly;

            
	
              “Control”

            	
              means
                the: (1) ownership of or the ability to direct (a) in the case of
                a
                corporation or body corporate (i) a majority of the issued shares
                entitled
                to vote for election of directors (or analogous Persons) of such
                body
                corporate, (ii) the appointment or removal of directors having a
                majority
                of the voting rights exercisable at meetings of the board of directors
                (or
                analogous

            
	 	
              body
                or bodies, including, without limiting the generality of the foregoing,
                management boards and supervisory boards) of that undertaking on
                all or
                substantially all matters, or (iii) a majority of the voting rights
                exercisable at general meetings of the members of that undertaking
                on all,
                or substantially all, matters, or (b) in the case of any other Person,
                a
                majority of the voting rights in such Person; or (2) in the case
                of a
                corporation or a body corporate or any other Person, the direct or
                indirect possession of the power to direct or cause the direction
                of the
                management and policies of the same (whether through the ownership
                of
                voting securities, by contract or howsoever otherwise) and “Controlled”
                shall be construed accordingly;

            
	
              “Home
                Use”

            	
              means,
                as applied to a product, that the product is intended for and marketed
                solely directly to consumers and for use in the home. For the avoidance
                of
                doubt, any product marketed directly to physicians, medical offices,
                hospitals, nursing homes, rehabilitation centers, restaurants and/or
                commercial kitchens, and any product marketed (whether marketed to
                consumers or businesses) as being of the type sold to any of the
                foregoing, shall not be a product for “Home
                Use.”

            

    

     

    
      
        
        

      

      
        -
          92 -

        
          

        

      

      
        
        

      

    

    
      	
              "Licensed
                Patents"

            	
              means:
                (a) all those patents and patent applications that are listed in
                detail in
                the attached Schedule; (b) any patents that issue from the patent
                applications listed in the attached Schedule; (c) any and all patent
                filings claiming the priority of said patents and patent applications
                listed in the attached Schedule, including all divisions, continuations,
                continuations-in-part, reissues, reexamined patents, renewals and
                extensions thereof, and (d) in all forms of intellectual and industrial
                property protection derivable from each of the patents and patent
                applications listed in the attached Schedule, and that are derivable
                from
                any and all applications, reissues, extensions, renewals, reexaminations
                and priority documents of such patents and patent applications listed
                in
                the attached Schedule, including without limitation, patents,
                applications, utility models, inventor’s certificates, and designs,
                provided, however, that items under (c) and (d) shall be deemed Licensed
                Patents only to the extent that such items include material or disclosure
                contained in items (a) or (b) and/or Licensed Improvements (as defined
                in
                Section 6.2). 

            
	
              “Person”

            	
              means,
                without limitation, any individual, company, firm, corporation,
                unincorporated association, government, state or agency of state,
                any
                association or partnership (general or limited) or joint venture
                (whether
                or not having a separate legal personality).

            
	
              “Scale
                Use”

            	
              shall
                mean any product specifically designed and marketed as a weighing
                device.

            
	
              "Territory"

            	
              means
                the world. 

            

    

     

    
      	1.2	
              The
                singular includes the plural and vice
                versa.

            

    

     

    
      	1.3	
              Headings
                in this Agreement are included for the purpose of ease of reference
                only
                and shall not have any effect on its
                construction.

            

    

     

    
      
        
        

      

      
        -
          93 -

        
          

        

      

      
        
        

      

    

    
      	2.	
              GRANT

            

    

    

    
      	2.1	
              Licensor
                hereby grants to Licensee a personal, non-exclusive (except as provided
                below), royalty-free, perpetual, license of the Licensed Patents
                in the
                Territory, subject to the terms and conditions of this Agreement,
                to
                manufacture, have manufactured, use, sell and offer for sale load
                cells
                within the scope of any of the Licensed Patents solely that are:
                

            

    

     

    (a)
      for
      the first three years from the Effective Date, (i) incorporated in end products
      for Scale Use, or (ii) incorporated in end products other than for Scale Use
      and
      exclusively for Home Use and not used as pressure sensors or products
      competitive with the business of Licensor, or (iii) incorporated in
      subassemblies for Scale Use, including but not limited to, loadcell plus module,
      loadcell in a plastic housing, loadcell plus an electronic circuit and loadcell
      packaged in housing plus module, or (iv) incorporated in subassemblies other
      than for Scale Use and exclusively for Home Use and not used as pressure sensors
      or products competitive with the business of Licensor, and 

     

    (b)
      thereafter Licensee or its Affiliates can use the Licensed Patents for the
      manufacture of load cells (1) sold incorporated in end products for Scale Use,
      or (2) sold incorporated in subassemblies for Scale Use, including but not
      limited to, loadcell plus module, loadcell in a plastic housing, loadcell plus
      an electronic circuit and loadcell packaged in housing plus module, or (3)
      sold
      incorporated in end products not used as a pressure sensor or as a product
      competitive to the Licensor’s business or (4) sold incorporated in subassemblies
      not used as a pressure sensor or as a product competitive to the Licensor’s
      business. For the avoidance of doubt, in no event does the license granted
      hereunder permit Licensee to sell or offer for sale: load cells within the
      scope
      of any of the Licensed Patents as stand alone parts or use the Licensed Patents
      for manufacture of products used as pressure sensors or which are competitive
      to
      the Licensor’s business Licensor shall not grant any further licenses (except to
      Licensor Affiliates) under the Licensed Patents to any of the following scale
      companies: Fooktin Technologies Limited, Bonso Electronics Limited, Precision
      Press Limited, Management Investment & Technology Company Limited, Charder
      Electronic Company, Beaverite, Camry Industries (HK) Limited, Kenwell Industries
      Company, Shine (HK) Development Limited and Tanita Corporation, or any of their
      Affiliates, successors or assigns for three years following the Effective
      Date.

     

    
      	2.2	
              The
                license granted by this Agreement shall extend to Licensee Affiliates,
                as
                the Licensee deems necessary for the use or other exploitation of
                the
                Licensed Patents.

            

    

     

    
      	3.	
              PROTECTION
                OF LICENSED PATENTS

            

    

     

    
      	3.1	
              In
                the event that Licensee or any Licensee Affiliate becomes aware
                that:

            

    

     

    the
      sole
      and legitimate ownership of the Licensor in the entire right, title and interest
      in the Licensed Patents is subject to any challenge, claim or proceeding;
      or

    

    any
      Licensed Patent is attacked or, being a patent application, is opposed;
      or

    

    
      
        
        

      

      
        -
          94 -

        
          

        

      

      
        
        

      

    

    any
      application for a patent is made by or any patent is granted to a third party
      by
      reason of which the third party may be granted or may have been granted rights
      which conflict with any of the rights granted to Licensee under any Licensed
      Patent; or

    

    any
      unlicensed activities are carried on by any third party which could constitute
      an infringement of any Licensed Patent; or

    

    any
      application is made for a compulsory licence under any Licensed
      Patent,

    

    Licensee
      shall forthwith notify Licensor of such matter, and Licensor may, in its
      discretion, take all such steps as are necessary or desirable for the protection
      of the Licensed Patents and to maintain the integrity of its ownership. Any
      expenses and damages incurred in taking such steps shall be for the account
      of
      Licensor.

    

    
      	
              3.2

            	
              Licensee
                shall mark all products made under any Licensed Patent in the form
                U.S.
                Patent No. _______, Canada Patent No. , and/or European Patent No.
                ________, or such other form as the Licensor may reasonably direct.
                

            

    

     

    
      	4.	
              WARRANTIES
                AND REPRESENTATIONS

            

    

     

    
      	4.1	
              The
                Licensor represents that:

            

    

     

    
      	
            	(a)	
              it
                shall, at the reasonable request of Licensee, and at Licensee’s expense,
                perform all affirmative acts that may be necessary to ensure a grant
                of
                valid license to the Licensee; and

            

    

     

    
      	
            	(b)	
              it
                shall, at the reasonable request of Licensee, and at Licensee’s expense,
                execute all further documents that are necessary to effectuate the
                recordal of the licensed rights from the Licensor to the Licensee
                with the
                relevant government authority, and the governmental fees associated
                with
                such recordal shall be for the account of
                Licensee.

            

    

     

    
      	4.2	
              The
                Licensor warrants that:

            

    

     

    
      	
            	(a)	
              it
                is the sole and legitimate owner of all rights, title and interest
                in or
                to the Licensed Patents and it has the full power and authority to
                enter
                into this Agreement and to perform fully each and every one of its
                obligations hereunder and further it has fully authorised its
                representative whose signature is affixed hereto to sign this Agreement
                and to bind it;

            

    

     

    
      	4.3	
              IN
                NO EVENT SHALL LICENSOR BE LIABLE TO LICENSEE, ANY LICENSEE AFFILIATE
                OR
                ANY THIRD PARTY FOR ANY INDIRECT, SPECIAL OR CONSEQUENTIAL
                DAMAGES. 

            

    

    

    
      	
              4.4

            	
              LICENSOR
                HEREBY DISCLAIMS ANY AND ALL OTHER WARRANTIES, EXPRESS OR IMPLIED,
                RELATING TO THE LICENSED PATENTS INCLUDING WITHOUT LIMITATION WARRANTIES
                OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, WARRANTIES
                OF
                VALIDITY AND/OR ENFORCEABILITY, AND WARRANTIES OF NON-INFRINGEMENT
                OF THE
                RIGHTS OF ANY THIRD PERSON.

            

    

    

    
      
        
        

      

      
        -
          95 -

        
          

        

      

      
        
        

      

    

    
      	4.5	
              Each
                Party warrants that it has full power and authority to enter into
                this
                Agreement and perform fully each and every one of its obligations
                hereunder and performance under the terms of this Agreement will
                not cause
                it to be in breach of any obligations to any third
                party.

            

    

    

    
      	5.	
              INDEMNITIES

            

    

     

    
      	
              5.1

            	
              Each
                Party shall indemnify the other Party and keep the other Party indemnified
                from and against any loss, damage, liability or expense which arises
                out
                of or results from a breach of any of the warranties and representations
                made by the indemnifying Party in this
                Agreement.

            

    

    

    
      	
              5.2

            	
              Licensee
                shall indemnify and hold harmless Licensor and its directors, officers,
                agents and employees from and against all claims, suits, and damages
                whatsoever, including but not limited to incidental costs, attorney's
                fees
                and punitive damages, arising from or in connection with the use
                of the
                Licensed Patents by Licensee, including the manufacture, distribution,
                marketing, sale and use of products incorporating or made using any
                of the
                Licensed Patents ("Products"), including without limitation all claims
                for
                false or misleading advertising, personal injury or property damage
                relating to Products; provided,
                however,
                that Licensor shall (i) promptly notify Licensee in writing of such
                claims, and (ii) provide to Licensee all reasonably available information,
                assistance and authority to defend, however, reserving unto Licensor
                the
                right to: participate in any defense to the extent that, in its judgment,
                Licensor may be prejudiced thereby, and approve any settlement offer
                made
                by or to Licensee which may affect Licensor’s rights or
                interests.

            

    

     

    
      	6.	
              IMPROVEMENTS

            

    

     

    
      	6.1	
              Licensee
                shall have the right to make improvements to the Licensed Patents
                and
                shall have ownership rights over any improvements made by it. 

            

    

     

    
      	6.2	
              Within
                3 years after the signing of this agreement, any improvements made
                by the
                Licensor to the Licensed Patents specifically designed for loadcells
                to be
                used in products consistent to those produced by the Licensor eighteen
                (18) months prior to the Effective Date applicable in the field of
                scales
                and tire gauges (“Licensed Improvements”) shall be deemed to fall within
                the terms of this Agreement.

            

    

     

    
      	7.	
              ASSIGNMENT

            

    

     

    The
      Licensee may not assign this license or any rights granted hereunder, provided,
      however, that Licensee may (i) assign all of the rights under this license
      together with a transfer of the entire business of Licensee relating to load
      cells and scales, or (ii) assign this license to any Affiliate Company,
      provided, however, that such assignment shall automatically revert to Licensee
      if at any time the assignee ceases to be an Affiliate Company of Licensee.
      [NOTE-AFFILIATE
      COMPANIES ARE LICENSED DIRECTLY]

     

    
      
        
        

      

      
        -
          96 -

        
          

        

      

      
        
        

      

    

    
      	8.	
              AMENDMENT

            

    

     

    This
      Agreement may only be amended by a document in writing signed by a duly
      authorised officer of each Party.

     

    
      	9.	
              WAIVER

            

    

     

    Failure
      or delay on the part of either Party hereto to exercise a right, power or
      privilege under this Agreement shall not operate as a waiver thereof; nor shall
      any single or partial exercise of a right, power or privilege preclude any
      other
      future exercise thereof.

     

    
      	10.	
              SEVERABILITY

            

    

     

    In
      the
      event that any clause or any part of any clause in this Agreement is declared
      invalid or unenforceable by the judgment or decree by consent or otherwise
      of a
      court of competent jurisdiction from whose decision no appeal is or can be
      taken
      all other clauses or parts of clauses contained in this Agreement shall remain
      in full force and effect and shall not be affected by such finding. 

     

    
      	11.	
              BREACH

            

    

     

    In
      the
      event that a breach of this Agreement is committed by one of the Parties to
      this
      Agreement, the aggrieved Party may terminate this Agreement, unless the breach
      is remedied by the breaching Party within thirty days of receipt of written
      notice from the aggrieved Party. In addition to the foregoing right of
      termination, the Party in breach shall be liable for any economic damages
      incurred by the other Party due to such breach. In the event that a breach
      of
      this Agreement is committed by both of the Parties to this Agreement, each
      Party
      shall be liable in proportion to the extent of its responsibility for such
      breach for any economic damages incurred by the other Party due to such breach.
      NOTWITHSTANDING THE FOREGOING, IN NO EVENT SHALL LICENSOR BE LIABLE TO LICENSEE,
      ANY LICENSEE AFFILIATE OR ANY THIRD PARTY UNDER THIS AGREEMENT FOR ANY DAMAGES
      OR REMUNERATION OF ANY TYPE IN EXCESS OF THE LIMITS SET FORTH IN SECTION 9.11.2
      OF THE SHARE PURCHASE AGREEMENT, AS AGGREGATED WITH ANY OTHER LIABILITIES
      SUBJECT TO SUCH LIMITS. 

     

    
      	12.	
              DISPUTES

            

    

     

    
      	 	
              Any
                dispute, controversy or claim arising from or in connection with
                this
                Agreement shall be settled by arbitration in Hong Kong at the Hong
                Kong
                International Arbitration Centre. Any award rendered by the arbitrator(s)
                shall be binding upon the Parties and enforceable in any court of
                competent jurisdiction. The costs of the arbitration shall be shared
                equally between the Parties, unless the arbitrator(s) award
                otherwise.

            

    

     

    
      
        
        

      

      
        -
          97 -

        
          

        

      

      
        
        

      

    

    
      	13.	
              TERM

            

    

     

    This
      Agreement shall come into force on the date on which it is signed by both
      Parties and shall remain in force until the expiry of the last to expire of
      the
      Licensed Patents or, if being patent applications, until there is no further
      possibility of any of patent applications proceeding to grant, unless sooner
      terminated pursuant to Paragraph 11 hereof.

     

    
      	14.	
              GOVERNING
                LAW AND JURISDICTION

            

    

     

    This
      Agreement shall be governed by and interpreted in accordance with the laws
      of
      Hong Kong and the Parties hereby submit to the exclusive jurisdiction of the
      Hong Kong courts.

    

    IN
      WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed
      in
      [ ] originals by their duly authorised representatives as of the date first
      above written.

    

    
      	
              Measurement
                Specialties, Inc.

            	
              Measurement
                Ltd.

            
	
              By:

            	
              By:

            
	 	 
	
              Name:

            	
              Name:

            
	 	 
	
              Title:

            	
              Title:

            

    

     

    
      
        
        

      

      
        -
          98 -

        
          

        

      

      
        
        

      

    

    

    SCHEDULE

    

    
      	 	
              FILE
                NO.

            	
              TITLE

            	
              CTRY

            	
              STATUS

            	
              EXP.
                DATE

            	
              APPLN.

              NO.

            	
              PATENT
                NO.

            	
              FILING
                DATE

            	
              ISSUE
                DATE

            
	
              8. 

            	
              MSI-13

            	
              IMPROVED
                LOAD CELL WITH BOSSED SENSOR PLATE FOR AN ELECTRICAL WEIGHING
                SCALE

              (ALL
                BATH DIGITAL)

            	
              US

            	
              Granted

            	
              9/3/2018

            	
              09/146,890

            	
              6,417,466

            	
              9/3/1998

            	
              7/9/2002

            
	
              9. 

            	
              MSI-13
                EPO

            	
              IMPROVED
                LOAD CELL WITH BOSSED SENSOR PLATE FOR AN ELECTRICAL WEIGHING
                SCALE

            	
              (EPO,
                GB, Germany, France) 

            	
              Granted

            	
              9/2/2019

            	
              99410108

            	
              984251

            	
              9/2/1999

            	
              3/3/2004

            
	
              10. 

            	
              MSI19

            	
              SILICON
                STRAIN GAUGE HAVING A THIN LAYER OF HIGH CONDUCTIVE SILICON

              (DIGITAL
                ALL SCALES)

            	
              US

            	
              Granted

            	
              7/22/2019

            	
              09/359,012

            	
              6,635,910

            	
              7/22/1999

            	
              10/21/2003

            
	
              11. 

            	
              MSI-19-CA

            	
              SILICON
                STRAIN GAGE HAVING A THIN LAYER OF HIGHLY CONDUCTIVE
                SILICON

            	
              CA

            	
              Pending
                

              Examinatin
                Requested 5th maintenance fee paid 07/18/05

            	 	
              2,380,310

            	 	
              7/21/2000

            	 
	
              12. 

            	
              MSI-19-EPO

            	
              SILICON
                STRAIN GAGE HAVING A THIN LAYER OF HIGHLY CONDUCTIVE
                SILICON

            	
              EPO

            	
              Pending

              Pending'6th
                annuity paid 07/31/05

            	 	
              950526.4

            	 	
              7/21/2000

            	 
	
              13. 

            	
              MSI-5CPA

            	
              LOAD
                CELL FOR AN ELECTRICAL WEIGHING SCALE

              M
                BEAM

            	
              US

            	
              Granted

            	
              5/2/2016

            	
              08/641,624

            	
              5,929,391

            	
              5/2/1996

            	
              7/27/1999

            
	
              14. 

            	
              MSI-90

            	
              STRAIN
                GAUGE BASED SENSOR WITH IMPROVED LINEARITY

            	
              US

            	
              Granted

            	
              8/4/2020

            	
              09/633,177

            	
              6,568,276

            	
              8/4/2000

            	
              5/27/2003

            

    

    

    
      
        
        

      

      
        -
          99 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      14

    Form
      of Patents Licence (PRC)

    

    LICENSE
      OF PRC DESIGN PATENTS

    

    DATE:
      

     

    PARTIES:

     

    
      	
              (1)

            	
              MSI
                Sensors (China) Limited, formerly known as Jingliang Electronics
                (Shenzhen) Co., Ltd.,
                a
                corporation established and existing under the laws of The
                People’s Republic of China
                whose principal
                place of businessis
                at Block
                4A, Tian Fa Building, Tian An Cyber Park Fu Tian District, Shenzhen,
                China
                518048
                (the “Licensor”).

            

    

     

    
      	
              (2)

            	
              Measurement
                Ltd.
                a
                company established and existing under the laws of Cayman
                Islands with
                registered number [                          ]
                whose [registered
                office/principal place of business]
                is
                at [                     ]
                (the “Licensee”).

            

    

     

    Licensor
      and Licensee are hereinafter also individually referred to as a "Party" and
      collectively as the "Parties".

     

    BACKGROUND

    

    In
      furtherance of that certain share purchase agreement to be entered into between
      Kenabell Holding Limited and Fervent
      Group
      Limited
      (the "Share Purchase Agreement"), the Licensor has agreed to grant, and the
      Licensee has agreed to take, a licence of certain patent rights on the terms
      set
      out in this Agreement.

     

    AGREED TERMS 

     

    
      	1.	
              INTERPRETATION

            

    

     

    
      	1.1	
              In
                this Agreement except where the context otherwise requires, the following
                terms shall have the following
                meanings:

            

    

     

    
      
        
        

      

      
        -
          100 -

        
          

        

      

      
        
        

      

    

    
      	
              "Affiliates”

            	
              means,
                with respect to any Person, any other Person that, directly or indirectly,
                Controls, is Controlled by or is under common Control with such specified
                Person and “Affiliates” shall be construed accordingly;

            
	
              “Control”

            	
              means
                the: (1) ownership of or the ability to direct (a) in the case of
                a
                corporation or body corporate (i) a majority of the issued shares
                entitled
                to vote for election of directors (or analogous Persons) of such
                body
                corporate, (ii) the appointment or removal of directors having a
                majority
                of the voting rights exercisable at meetings of the board of directors
                (or
                analogous

            
	 	
              body
                or bodies, including, without limiting the generality of the foregoing,
                management boards and supervisory boards) of that undertaking on
                all or
                substantially all matters, or (iii) a majority of the voting rights
                exercisable at general meetings of the members of that undertaking
                on all,
                or substantially all, matters, or (b) in the case of any other Person,
                a
                majority of the voting rights in such Person; or (2) in the case
                of a
                corporation or a body corporate or any other Person, the direct or
                indirect possession of the power to direct or cause the direction
                of the
                management and policies of the same (whether through the ownership
                of
                voting securities, by contract or howsoever otherwise) and “Controlled”
                shall be construed accordingly;

            
	
              “Home
                Use” 

            	
              means,
                as applied to a product, that the product is intended for and marketed
                solely directly to consumers and for use in the home. For the avoidance
                of
                doubt, any product marketed directly to physicians, medical offices,
                hospitals, nursing homes, rehabilitation centers, restaurants and/or
                commercial kitchens, and any product marketed (whether marketed to
                consumers or businesses) as being of the type sold to any of the
                foregoing, shall not be a product for “Home Use.”

            
	
              “Person”

            	
              means,
                without limitation, any individual, company, firm, corporation,
                unincorporated association, government, state or agency of state,
                any
                association or partnership (general or limited) or joint venture
                (whether
                or not having a separate legal
                personality).

            

    

     

    
      
        
        

      

      
        -
          101 -

        
          

        

      

      
        
        

      

    

    
      	
              “Scale
                Use”

            	
              shall
                mean any product specifically designed and marketed as a weighing
                device;

            
	
              "Territory"

            	
              means
                the world. 

            

    

     

    
      	1.2	
              "Licensed
                Patents " means: 

            

    

     

    (a) 

    

      
        	
                TITLE

              	
                STATUS

              	
                APPLN.
                  NO.

              	
                PATENT
                  NO.

              	
                FILING
                  DATE

              	
                ISSUE
                  DATE

              
	
                 

                J
                  beam

              	
                Granted

                 

              	
                3338307.3

              	
                 

              	
                6/20/2003

              	
                2/11/2004 

              
	
                M
                  beam

              	
                Granted

                 

              	
                03338309.X

              	
                 

              	
                6/20/2003

              	
                1/14/2004

              
	
                E
                  beam E1

              	
                Granted

                 

              	
                ZL
                  2005 3 0050997.3

              	
                 

              	
                1/19/2005

              	
                10/12/2005

              
	
                E
                  beam E2

              	
                Granted

                 

              	
                ZL
                  2005 3 0050998.8

              	
                 

              	
                1/19/2005

              	
                 10/12/2005

              
	
                 

                E
                  beam E3

              	
                Granted

                 

              	
                2005.30050999.2

              	 	
                1/19/2005

              	
                 10/12/2005

              

      

    

     

    
      	
              (b)
                

            	
              any
                and all patent filings claiming the priority of said patents listed
                above,
                including all divisions, continuations, continuations-in-part, reissues,
                reexamined patents, renewals and extensions thereof, and 

            

    

     

    
      	
              (c)

            	
              in
                all forms of intellectual and industrial property protection derivable
                from the patents listed above, and that are derivable from any and
                all
                applications, reissues, extensions, renewals, reexaminations and
                priority
                documents of such patents listed above, including without limitation,
                patents, applications, utility models, inventor’s certificates, and
                designs.

            

    

     

    
      	1.3	
              The
                singular includes the plural and vice
                versa.

            

    

     

    
      	1.4	
              Headings
                in this Agreement are included for the purpose of ease of reference
                only
                and shall not have any effect on its
                construction.

            

    

     

    
      
        
        

      

      
        -
          102 -

        
          

        

      

      
        
        

      

    

    
      	2.	
              GRANT

            

    

    

    
      	
              2.1

            	
              Licensor
                hereby grants to Licensee a personal, non-exclusive (except as provided
                below), royalty-free, perpetual, license of the Licensed Patents
                in the
                Territory, subject to the terms and conditions of this Agreement,
                to
                manufacture, have manufactured, use, sell and offer for sale load
                cells
                within the scope of any of the Licensed Patents solely that are:
                

            

    

     

    (a)
      for
      the first three years from the Effective Date, (i) incorporated in end products
      for Scale Use, or (ii) incorporated in end products other than for Scale Use
      and
      exclusively for Home Use and not used as pressure sensors or products
      competitive with the business of Measurement Specialties, Inc., a New Jersey
      corporation (“MSI”), or (iii) incorporated in subassemblies for Scale Use,
      including but not limited to, loadcell plus module, loadcell in a plastic
      housing, loadcell plus an electronic circuit and loadcell packaged in housing
      plus module, or (iv) incorporated in subassemblies other than for Scale Use
      and
      exclusively for Home Use and not used as pressure sensors or products
      competitive with the business of MSI; and 

     

    (b)
      thereafter Licensee or its Affiliates can use the Licensed Patents for the
      manufacture of load cells (1) sold incorporated in end products for Scale Use,
      or (2) sold incorporated in subassemblies for Scale Use, including but not
      limited to, loadcell plus module, loadcell in a plastic housing, loadcell plus
      an electronic circuit and loadcell packaged in housing plus module, or (3)
      sold
      incorporated in end products not used as a pressure sensor or as a product
      competitive to MSI’s business or (4) sold incorporated in subassemblies not used
      as a pressure sensor or as a product competitive to MSI’s business.

     

    For
      the
      avoidance of doubt, in no event does the license granted hereunder permit
      Licensee to sell or offer for sale: load cells within the scope of any of the
      Licensed Patents as stand alone parts or use the Licensed Patents for
      manufacture of products used as pressure sensors or which are competitive to
      MSI’s business.Licensor shall not grant any further licenses (except to Licensor
      Affiliates) under the Licensed Patents to any of the following scale companies:
      Fooktin Technologies Limited, Bonso Electronics Limited, Precision Press
      Limited, Management Investment & Technology Company Ltd, Charder Electronic
      Company, Beaverite, Camry Industries (HK) Limited, Kenwell Industries Company,
      Shine (HK) Development Limited and Tanita Corporation, or any of their
      Affiliates, successors or assigns for 3 years following the Effective
      Date. 

     

    
      	
              2.2

            	
              The
                license granted by this Agreement shall extend to Licensee Affiliates,
                as
                the Licensee deems necessary for the use or other exploitation of
                the
                Licensed Patents.

            

    

    

    
      	3.	
              PROTECTION
                OF LICENSED PATENTS 

            

    

     

    
      
        	3.1	
                In
                  the event Licensee or any Licensee Affiliate becomes aware
                  that:

              

      

    

     

    
      
        
        

      

      
        -
          103 -

        
          

        

      

      
        
        

      

    

    
      	 	
              (a)

            	
              the
                sole and legitimate ownership of the Licensor in the entire right,
                title
                and interest in the Licensed Patents is subject to any challenge,
                claim or
                proceeding; or

            

    

     

    
      	 	
              (b)

            	
              any
                Licensed Patent is attacked or, being a patent application, is opposed;
                or

            

    

     

    
      	 	
              (c)

            	
              any
                application for a patent is made by or any patent is granted to a
                third
                party by reason of which the third party may be granted or may have
                been
                granted rights which conflict with any of the rights granted to Licensee
                under any Licensed Patent ; or

            

    

     

    
      	 	
              (d)

            	
              any
                unlicensed activities are carried on by any third party which could
                constitute an infringement of any Licensed Patent;
                or

            

    

     

    
      	 	
              (e)

            	
              any
                application is made for a compulsory licence under any Licensed
                Patent,

            

    

     

    Licensee
      shall forthwith notify Licensor of such matter, and Licensor may, in its
      discretion, take all such steps as are necessary or desirable for the protection
      of the Licensed Patents and to maintain the integrity of its ownership. Any
      expenses and damages incurred in taking such steps shall be for the account
      of
      Licensor.

     

    
      	3.2	
              Licensee
                shall mark all products made under any Licensed Patent with the number
                of
                the relevant Licensed Patent in such form as Licensor may reasonably
                direct. 

            

    

     

    
      	4.	
              WARRANTIES
                AND REPRESENTATIONS

            

    

     

    
      	4.1	
              The
                Licensor represents that:

            

    

    

    
      	 	
              (a)

            	
              it
                shall, at the reasonable request of Licensee and at Licensee’s expense,
                perform all affirmative acts that may be necessary to ensure a grant
                of
                valid license to the Licensee; and

            

    

     

    
      	 	
              (b)

            	
              it
                shall, at the reasonable request of Licensee, execute all further
                documents that are necessary to effectuate the recordal of the licensed
                rights from the Licensor to the Licensee with the relevant government
                authority, and the governmental fees associated with such recordal
                shall
                be for the account of Licensee.

            

    

     

    
      	4.2	
              The
                Licensor warrants that it is the sole and legitimate owner of all
                rights,
                title and interest in or to the Licensed Patents and it has the full
                power
                and authority to enter into this Agreement and to perform fully each
                and
                every one of its obligations hereunder and further it has fully authorised
                its representative whose signature is affixed hereto to sign this
                Agreement and to bind it;

            

    

     

    
      	4.3	
              IN
                NO EVENT SHALL LICENSOR BE LIABLE TO LICENSEE, ANY LICENSEE AFFILIATE
                OR
                ANY THIRD PARTY FOR ANY INDIRECT, SPECIAL OR CONSEQUENTIAL
                DAMAGES. 

            

    

    

    
      	
              4.4

            	
              LICENSOR
                HEREBY DISCLAIMS ANY AND ALL OTHER WARRANTIES, EXPRESS OR IMPLIED,
                RELATING TO THE LICENSED PATENTS INCLUDING WITHOUT LIMITATION WARRANTIES
                OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, WARRANTIES
                OF
                VALIDITY AND/OR ENFORCEABILITY, AND WARRANTIES OF NON-INFRINGEMENT
                OF THE
                RIGHTS OF ANY THIRD PERSON.

            

    

    

    
      
        
        

      

      
        -
          104 -

        
          

        

      

      
        
        

      

    

    
      	4.5	
              Each
                Party warrants that it has full power and authority to enter into
                this
                Agreement and perform fully each and every one of its obligations
                hereunder and performance under the terms of this Agreement will
                not cause
                it to be in breach of any obligations to any third
                party.

            

    

    

    
      	5.	
              INDEMNITIES

            

    

     

    
      	5.1	
              Each
                Party shall indemnify the other Party and keep the other Party indemnified
                from and against any loss, damage, liability or expense which arises
                out
                of or results from a
                breach of any of the warranties and representations made by the Licensor
                in this Agreement.

            

    

    

    
      	
              5.2

            	
              Licensee
                shall indemnify and hold harmless Licensor and its directors, officers,
                agents and employees from and against all claims, suits, and damages
                whatsoever, including but not limited to incidental costs, attorney's
                fees
                and punitive damages, arising from or in connection with the use
                of the
                Licensed Patents by Licensee, including the manufacture, distribution,
                marketing, sale and use of products incorporating or made using any
                of the
                Licensed Patents ("Products"), including without limitation all claims
                for
                false or misleading advertising, personal injury or property damage
                relating to Products; provided,
                however,
                that Licensor shall (i) promptly notify Licensee in writing of such
                claims, and (ii) provide to Licensee all reasonably available information,
                assistance and authority to defend, however, reserving unto Licensor
                the
                right to: participate in any defense to the extent that, in its judgment,
                Licensor may be prejudiced thereby, and approve any settlement offer
                made
                by or to Licensee which may affect Licensor’s rights or
                interests.

            

    

     

    
      	6.	
              IMPROVEMENTS

            

    

     

    
      	6.1	
              Licensee
                shall have the right to make improvements to the Licensed Patents
                and
                shall have ownership rights over any improvements made by it. 

            

    

     

    
      	6.2	
              Within
                3 years after the signing of this agreement, any improvements made
                by the
                Licensor to the Licensed Patents specifically designed for loadcells
                to be
                used in products consistent to those produced by the Licensor eighteen
                (18) months prior to the Effective Date applicable in the field of
                scales
                and tire gauges(“Licensed Improvements”) shall be deemed to fall within
                the terms of this Agreement.

            

    

     

    
      	7.	
              ASSIGNMENT

            

    

     

    The
      licensee may not assign this license or any rights granted hereunder, provided,
      however, that Licensee may (i) assign all of the rights under this license
      together with a transfer of the entire business of Licensee relating to load
      cells and scales or (ii) assign this license to any Affiliate Company, provided,
      however, that such assignment shall automatically revert to Licensee if at
      any
      time the assignee ceases to be an Affiliate Company of Licensee. [NOTE-AFFILIATE
      COMPANIES ARE LICENSED DIRECTLY]

     

    
      
        
        

      

      
        -
          105 -

        
          

        

      

      
        
        

      

    

    
      	8.	
              AMENDMENT

            

    

     

    This
      Agreement may only be amended by a document in writing signed by a duly
      authorised officer of each Party.

     

    
      	9.	
              WAIVER

            

    

     

    Failure
      or delay on the part of either Party hereto to exercise a right, power or
      privilege under this Agreement shall not operate as a waiver thereof; nor shall
      any single or partial exercise of a right, power or privilege preclude any
      other
      future exercise thereof.

     

    
      	10.	
              SEVERABILITY

            

    

    

    In
      the
      event that any clause or any part of any clause in this Agreement is declared
      invalid or unenforceable by the judgment or decree by consent or otherwise
      of a
      court of competent jurisdiction from whose decision no appeal is or can be
      taken
      all other clauses or parts of clauses contained in this Agreement shall remain
      in full force and effect and shall not be affected by such finding. 

     

    
      	11.	
              BREACH

            

    

    

    In
      the
      event that a breach of this Agreement is committed by one of the Parties to
      this
      Agreement, the aggrieved Party may terminate this Agreement, unless the breach
      is remedied by the breaching Party within thirty days of receipt of written
      notice from the aggrieved Party. In addition to the foregoing right of
      termination, the Party in breach shall be liable for any economic damages
      incurred by the other Party due to such breach. In the event that a breach
      of
      this Agreement is committed by both of the Parties to this Agreement, each
      Party
      shall be liable in proportion to the extent of its responsibility for such
      breach for any economic damages incurred by the other Party due to such breach.
      NOTWITHSTANDING THE FOREGOING, IN NO EVENT SHALL LICENSOR BE LIABLE TO LICENSEE,
      ANY LICENSEE AFFILIATE OR ANY THIRD PARTY UNDER THIS AGREEMENT FOR ANY DAMAGES
      OR REMUNERATION OF ANY TYPE IN EXCESS OF THE LIMITS SET FORTH IN SECTION 9.11.2
      OF THE SHARE PURCHASE AGREEMENT, AS AGGREGATED WITH ANY OTHER LIABILITIES
      SUBJECT TO SUCH LIMITS.

     

    
      	12.	
              DISPUTES

            

    

    

    
      	 	
              Any
                dispute, controversy or claim arising from or in connection with
                this
                Agreement shall be settled by arbitration in Hong Kong at the Hong
                Kong
                International Arbitration Centre. Any award rendered by the arbitrator(s)
                shall be binding upon the Parties and enforceable in any court of
                competent jurisdiction. The costs of the arbitration shall be shared
                equally between the Parties, unless the arbitrator(s) award
                otherwise.

            

    

     

    
      
        
        

      

      
        -
          106 -

        
          

        

      

      
        
        

      

    

    
      	13.	
              TERM

            

    

     

    This
      Agreement shall come into force on the date on which it is signed by both
      Parties and shall remain in force until the expiry of the last to expire of
      the
      Licensed Patents or, if being patent applications, until there is no further
      possibility of any of patent applications proceeding to grant, unless sooner
      terminated pursuant to Paragraph 11 hereof.

     

    
      	14.	
              GOVERNING
                LAW AND JURISDICTION

            

    

     

    This
      Agreement shall be governed by and interpreted in accordance with the laws
      of
      Hong Kong and the Parties hereby submit to the exclusive jurisdiction of the
      Hong Kong courts.

    

    IN
      WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed
      in
      [ ] originals by their duly authorised representatives as of the date first
      above written.

    

    
      	
              MSI
                Sensors (China) Limited

            	
              Measurement
                Ltd.

            
	
              By:

            	
              By:

            
	 	 
	
              Name:

            	
              Name:

            
	 	 
	
              Title:

            	
              Title:

            

    

    

    
      
        
        

      

      
        -
          107 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      15

    Form
      of Deed of Trademarks
      Assignment

    

    TRADEMARK
      ASSIGNMENT

    

    The
      undersigned, Measurement Specialties, Inc., a New Jersey corporation, having
      an
      address of 1000 Lucas Way, Hampton, Virginia 23666 (the “Assignor”), hereby
      transfers and assigns to Measurement Ltd., a Cayman Islands company (the
“Assignee”), having an address of ___________________________, all right, title
      and interest in and to the marks described in Exhibit A, which is attached
      hereto and incorporated by reference herein, the registrations and applications
      therefor, and the goodwill of the business associated therewith and the portion
      of the business of Assignor relating to the marks set forth in Exhibit A
      (collectively, the “Marks”).

    

    For
      good
      and valuable consideration by Assignee, the receipt and sufficiency of which
      are
      hereby acknowledged, the Assignor does hereby assign unto the Assignee all
      of
      its right, title and interest in and to the Marks, together with all of the
      goodwill of the business associated with and symbolized by such Marks, the
      applications and registrations therefor, and any rights of the Assignor to
      sue
      any third parties for any past infringement of or to the Marks, for the use
      and
      benefit of Assignee and its successors, assigns or other legal representatives
      and to prosecute any such application and registration in the United States
      Patent and Trademark Office or in any foreign jurisdiction.

    

    In
      witness whereof, intending to be legally bound hereby, the Assignor has duly
      executed this Trademark Assignment.

    

    

    
      	 	
              MEASUREMENT
                SPECIALTIES, INC.

            
	 	 
	 	 
	
              Date:
                _____________________

            	
              By:
                __________________________

            
	 	
              Name:

            
	 	
              Title:

            

    

    

    Acknowledged
      and accepted:

    

    Measurement
      Ltd.

    

    

    By: _______________________________

    Name:

    Title:

    

    
      
        
        

      

      
        -
          108 -

        
          

        

      

      
        
        

      

    

    

    EXHIBIT
      A

    

    
      	
              Mark

            	
              Filing
                Date

            	
              Application
                No.

            	
              Registration
                Date

            	
              Registration
                No.

            
	
              PARK-ZONE

            	
              Feb.
                26, 1997

            	
              75/248,086

            	
              Aug.
                17, 1999

            	
              2,270,998

            
	
              ACCUTIRE

            	
              Sept.
                30, 1988

            	
              73/755,235

            	
              Sept.
                5, 1989

            	
              1,554,489

            
	
              ACCUTAPE

            	
              Sept.
                30, 1988

            	
              73/755,234

            	
              Sept.
                12, 1989

            	
              1,555,566

            

    

    

    
      
        
        

      

      
        -
          109 -

        
          

        

      

      
        
        

      

    

    

    TRADEMARK
      ASSIGNMENT

    

    The
      undersigned, Measurement Specialties, Inc., a New Jersey corporation, having
      an
      address of 1000 Lucas Way, Hampton, Virginia 23666 (the “Assignor”), hereby
      transfers and assigns to Measurement Ltd., a Cayman Islands company (the
“Assignee”), having an address of ___________________________, all right, title
      and interest in and to the marks described in Exhibit A, which is attached
      hereto and incorporated by reference herein, the registrations and applications
      therefor, and the goodwill of the business associated therewith and the portion
      of the business of Assignor relating to the marks set forth in Exhibit A
      (collectively, the “Marks”).

    

    For
      good
      and valuable consideration by Assignee, the receipt and sufficiency of which
      are
      hereby acknowledged, the Assignor does hereby assign unto the Assignee all
      of
      its right, title and interest in and to the Marks, together with all of the
      goodwill of the business associated with and symbolized by such Marks, the
      applications and registrations therefor, and any rights of the Assignor to
      sue
      any third parties for any past infringement of or to the Marks, for the use
      and
      benefit of Assignee and its successors, assigns or other legal representatives
      and to prosecute any such application and registration in the Office for
      Harmonisation in the Internal Market or in any other jurisdiction.

    

    In
      witness whereof, intending to be legally bound hereby, the Assignor has duly
      executed this Trademark Assignment.

    

    

    
      	 	
              MEASUREMENT
                SPECIALTIES, INC.

            
	 	 
	 	 
	
              Date:
                _____________________

            	
              
                By:
                  __________________________

              

            
	 	
              Name:

            
	 	
              Title:

            

    

    

    

    Acknowledged
      and accepted:

    

    Measurement
      Ltd.

    

    

    By: _______________________________

    Name:

    Title:

    

    
      
        
        

      

      
        -
          110 -

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A

    

    
      	
              Mark

            	
              Jurisdiction

            	
              Filing
                Date

            	
              Registration
                Date

            	
              Trade
                Mark No.

            
	
              PARK-ZONE

            	
              European
                Community

            	
              March
                6, 1998

            	
              March
                3, 2000

            	
              764498

            

    

    

    

    
      
        
        

      

      
        -
          111 -

        
          

        

      

      
        
        

      

    

    TRADEMARK
      ASSIGNMENT

    

    The
      undersigned, Measurement Specialties, Inc., a New Jersey corporation, having
      an
      address of 1000 Lucas Way, Hampton, Virginia 23666 (the “Assignor”), hereby
      transfers and assigns to Measurement Ltd., a Cayman Islands company (the
“Assignee”), having an address of ___________________________, all right, title
      and interest in and to the marks described in Exhibit A, which is attached
      hereto and incorporated by reference herein, the registrations and applications
      therefor, and the goodwill of the business associated therewith and the portion
      of the business of Assignor relating to the marks set forth in Exhibit A
      (collectively, the “Marks”).

    

    For
      good
      and valuable consideration by Assignee, the receipt and sufficiency of which
      are
      hereby acknowledged, the Assignor does hereby assign unto the Assignee all
      of
      its right, title and interest in and to the Marks, together with all of the
      goodwill of the business associated with and symbolized by such Marks, the
      applications and registrations therefor, and any rights of the Assignor to
      sue
      any third parties for any past infringement of or to the Marks, for the use
      and
      benefit of Assignee and its successors, assigns or other legal representatives
      and to prosecute any such application and registration in any trademark
      office.

    

    In
      witness whereof, intending to be legally bound hereby, the Assignor has duly
      executed this Trademark Assignment.

    

    

    
      	 	
              MEASUREMENT
                SPECIALTIES, INC.

            
	 	 
	 	 
	
              Date:
                _____________________

            	
              
                By:
                  __________________________

              

            
	 	
              Name:

            
	 	
              Title:

            

    

    

    

    Acknowledged
      and accepted:

    

    Measurement
      Ltd.

    

    

    By: _______________________________

    Name:

    Title:

    

    
      
        
        

      

      
        -
          112 -

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A

    

    
      	
              Mark

            	
              Country

            	
              Filing
                Date

            	
              Application
                No.

            	
              Registration
                Date

            	
              Registration
                No.

            
	
              PRO-FIT

            	
              South
                Korea

            	
              Aug.
                19, 2005

            	
              40-2005-38850

            	 	 

    

    

    

    
      
        
        

      

      
        -
          113 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      16

    Pro
      forma combined unaudited statement of assets and liabilities of the Company
      as
      at 31 October 2005

    

    Attached
      as follows.

     

    
      
        
        

      

      
        -
          114 -

        
          

        

      

      
        
        

      

    

    SCHEDULE
      17

    Form
      of acknowledgment of receipt to be signed by the Transferring
      Employees

    

    To: [·]
      (the
      "Company")

    

      I
        [·]
        of
        [PRC]/[Hong Kong] identity card number / Passport number [·]
        acknowledge the receipt of a
        sum of
        $[l]
        as full
        and final payment of my salary, allowance, compensation, severance payments
        and
        other entitlements
        due to
        me from the Company.

    

    

    _____________________________________

    Signature
      of Employee

    

    

    _____________________________________

    Date

    

    
      
        
        

      

      
        -
          115 -

        
          

        

      

      
        
        

      

    

    IN
      WITNESS whereof this Agreement has been executed and hereby delivered by the
      Parties on the date appearing at the head hereof.

    

    
      	
              Signed
                by

            	
              )

            
	 	
              )

            
	
              for
                and on behalf of

            	
              )

            
	
              KENABELL
                HOLDING LIMITED

            	
              )

            
	
              in
                the presence of:

            	
              )

            
	 	 
	 	 
	
              Signed
                by

            	
              )

            
	 	
              )

            
	
              for
                and on behalf of

            	
              )

            
	
              FERVENT
                GROUP LIMITED

            	
              )

            
	
              in
                the presence of:

            	
              )

            

    

    

    
      
        
        

      

      
        -
          116 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}]]