EX-10.1
from 10QSB
16 pages
Background A. the Vendor Carries on the Business of Filming and Editing of Video and Digital Media (The “Vendor’s Business”). B. the Vendor Has Agreed to Sell, and the Purchaser Has Agreed to Purchase, Subject to Certain Exceptions Listed in This Agreement, All the Property, Assets and Undertaking of the Vendor’s Business, as a Going Concern, on the Terms and Subject to the Conditions Provided in This Agreement. C. the Coven Tor Is the Sole Shareholder of the Purchaser, and Has Become Party to This Agreement for the Purpose of Jointly and Severally Covenanting With the Purchaser to Pay the Purchase Price to the Vendor in the Manner Provided in This Agreement
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