A. The Parties entered into a Consultants’ service contract (“Contract”) dated December 2004, for consulting services as contracted for, requested, and paid for by EVNB. Scope of consulting services: The Consultant will review the existing materials management system of EVN and its subsidiaries, while taking into consideration one-year and five-year business plans for EVN. Those studies will be the basic for an overall procement plan and a materials management model for EVN that is based on industry best practices.NOW, THEREFORE, in order to compromise and settle existing claims between the Parties, which relate to the Contract and the recitals above, the Parties hereby agree as follows:
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