Audiovox 2012 Annual Report Download - page 138
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52 of 61
11. Customer Relationships
No regular major customer of the Companies has terminated in writing the business relationship with one or several of the
Companies except as set forth in Annex 10.2.11.
12. Litigation
12.1 There is no action, suit, investigation or proceeding pending against the Companies or any of the Sellers, or threatened
in writing against the Companies or any of the Sellers before any court or arbitrator or governmental body, agency or
official body, which in either case, challenges or seeks to prevent, enjoin, alter or materially delay the Transaction.
12.2 The Companies are not party to any court or administrative proceedings, including arbitration proceedings, either as
plaintiff or defendant, having a litigation value ( Streitwert) in each case exceeding EUR 100,000.00 (in words: Euro
one hundred thousand), unless otherwise set forth in Annex 10.2.12.2.
HAM-#3033739-v1P+P Pöllath+Partners /07.02.12/16:22