The Sykes-Picot Agreement. Explore the history and important events behind the longstanding Middle East conflict between the Israelis and the Palestinians from 1947 to today.One will become king, the other one will get a duchy? Before the accords are signed, Israel and the PLO recognize each other in an exchange of letters. A detailed discussion of these factors and other risks that affect our business is contained in Oracle's Securities and Exchange Commission (SEC). A partition and exchange agreement is a legal contract between divorcing couples that outlines the terms of their property division and distribution.