DEFINITIVE PURCHASE AGREEMENT SALE OF COMPANY: ASSURED EQUITIES IV CORPORATION
Exhibit 10.01
DEFINITIVE PURCHASE AGREEMENT
SALE OF COMPANY: ASSURED EQUITIES IV CORPORATION
THIS DEFINITIVE PURCHASE AGREEMENT (the "Agreement"), made as of this 15th day of June, 2010, by and between Assured Equities, LLC, a Utah LLC and Incorporator, Founder and Sole Shareholder of Assured Equities IV Corporation (the "Corporation"), with an address at 0000 00xx Xxxxxx Xxxx, Xxxxxxx, XX 00000 XXX (the "Seller"), and Rogue Diva Racing, Inc. with an address at XX Xxx 0000, Xxxxxxxxx, Xxxxxxx 00000 XXX (the "Buyer") collectively referred to as "Parties"or individually as "Party".
W I T N E S S E T H
WHEREAS, Seller is the record owner and holder of 100,000 shares (the "Share") of common stock with a par value of $0.001 {Ref: Common Stock Certificate No. C-1} of the Corporation (the "Common Stock"), which constitute all of the Corporation's capital stock issued and outstanding as of the date of this Agreement, and;
WHEREAS, Buyer desires to purchase the Shares from Seller, and;
WHEREAS, the Seller desires to sell 100,000 of such Shares of Common Stock of the Corporation to the Buyer, which constitutes One Hundred Percent (100%) of the Corporation's issued and outstanding shares as of the date of this Agreement, upon the terms and conditions hereinafter set forth.
NOW THEREFORE, in consideration of the foregoing and of the mutual covenants and agreements contained in this Agreement, and in order to consummate the purchase and sale of the Shares, it is hereby agreed, as follows:
1.0 PURCHASE AND SALE OF SHARESSubject to the terms and conditions of this Agreement, Buyer agrees to purchase at the Closing and the Seller agrees to sell to Buyer at the Closing, the Shares, for a total purchase price of Twenty-five Thousand and 00/100 US dollars ($25,000.00) (the 'Purchase Price').
2.0 INITIAL DEPOSIT
At the signing of this Agreement, Buyer agrees to wire transfer to the designated banking coordinates of the escrow agent jointly appointed by the Parties (the"Escrow Agent") but not later than the close of business on June 18, 2010, the sum of Five Thousand and 00/100 US dollars ($5,000.00) as an initial deposit (the "Deposit") against the delivery of the Shares by the Seller to the Buyer pursuant to this Agreement. The balance due, Twenty Thousand and 00/100 US dollars ($20,000.00) (the "Balance Due"), will be due at Closing pursuant to this Agreement. Buyer shall pay all wire transfer fees for the Deposit and Balance Due. The Deposit is refundable only if Seller fails to execute and deliver all documents required to be executed and/or delivered by Seller under Section 4.0, as determined by the Closing Attorney. If, on the other hand, the Buyer fails to execute and deliver all documents required to be executed and/or delivered by Buyer, or fails to deliver the Purchase Price, under Section 4.0, as determined by the Closing Attorney, the Buyer shall forfeit the Deposit.
2.1 Closing Attorney's Banking Coordinates
With respect to the Closing and/or transfer of ownership of the Shares, nothing further will proceed, nor is Seller under any obligation to sell the Shares to Buyer hereunder, until the Deposit successfully reaches the Escrow Agent's Escrow Account by Fed Wire transfer.
2.2 Seller's Banking CoordinatesThe Seller's banking coordinates for receipt of the Deposit and Balance Due from Buyer through the Escrow Agent's Escrow Account are at the Escrow Agreement.
3.0 ESCROW/CLOSING EXPENSESBuyer shall pay the Escrow Agent fees of seven-hundred fifty and 00/100 ($750.00) US Dollars. Buyer and Seller shall each pay fifty percent (50%) of the fees and costs of the Closing Attorney. The Buyer acknowledges that the Closing Attorney retainer fee of two thousand five hundred dollars ($2,500) is non-refundable and must be paid at the point of engagement, which is prior to receipt of Closing documents, be they preliminary faxed copies or originals. As such, the Buyer should plan to pay its 50% share of such retainer fee, or one thousand two hundred fifty dollars ($1,250) to the Closing Attorney promptly. Buyer and Seller each understand and agree that in the event the Closing does not occur, such Party will not be entitled to any refund of the Closing Attorney's or Escrow Agent's fees and costs.
4.0 CLOSINGSubsequent to the Escrow Agent's receipt of the Deposit, the purchase and sale of the Shares shall take place as soon as reasonably practicable after satisfaction or waiver of all Closing conditions at the offices of the Closing Attorney, Xxxxxx & Xxxx PC, 0000 Xxxxxxx Xxx, Xxxxx 000, Xxxxxxx, Xxxxxxxxxx 00000 on the 25th day of June, 2010 with both the Seller and the Buyer appearing, at their sole discretion, to administer their respective roles, "remotely," by telephonic means, or by means of the Internet or other technologies, or some combination of these methodologies. All closing and transfer documents, including this Agreement, must be signed as originals. At Closing:
- Seller shall deliver to the Buyer the Certificate of Incorporation of the Company in effect as of the date of this Agreement certified by the Secretary of State of the State of Florida;
- Seller shall deliver to the Buyer certificates, as of the most recent practicable dates as to the active status of the Company issued by the Secretary of State of the State of Florida;
- Seller shall deliver to the Buyer the (i) the By-laws of the Company and (ii) resolutions of the Board of Directors and (iii) Seller as the sole stockholder of the Company authorizing and approving all matters in connection with this Agreement, including resignation and replacement of board, resignation and replacement of officers, and the transactions contemplated hereby;
- Seller shall deliver to the Buyer a certificate for the Shares being purchased by such Buyer, registered in the name of Buyer;
- Seller shall deliver to the Buyer all accounting, banking and other financial records of the Corporation.
- Seller shall deliver to the Buyer the corporate seal of the Corporation.
- Buyer shall pay to the Seller through the Escrow Agent, the Purchase Price for the Shares being purchased by it in immediately available funds, by wire transfer pursuant to this Agreement; and
- Seller and Buyer shall execute and deliver a Cross-Receipt.
Seller and Buyer shall each deliver to the other a certificate, signed by a duly authorized person, confirming that the representations and warranties of Seller and Buyer, respectively, in this Agreement are true and correct as of the Closing date and that all covenants and obligations of Seller and Buyer, respectively, under this Agreement that were required to have been performed prior to the Closing have been so performed.
4.1 Seller's and Buyer's Initial Role and ObligationsWithin not less than three business days before date and time of scheduled Closing, the Seller will deliver, or cause to be delivered, all corporate records of the Corporation and transfer documents of Seller related to the purchase and sale of the Shares hereunder as set forth in Section 4.0 above, including this Agreement executed by the Seller, for inspection, verification and authentication by the Closing Attorney (hereinafter the "Seller's Closing Documents"). Within not less than three business days before date and time of scheduled Closing, the Buyer will deliver, or cause to be delivered, the transfer documents of Buyer related to the purchase and sale of the Shares hereunder as set forth in Section 4.0 above, including this Agreement executed by the Buyer, for inspection, verification and authentication by the Closing Attorney (hereinafter the "Buyer's Closing Documents").
4.2 Closing Attorney's Role and ObligationsUpon receipt of the Seller's Closing Documents and the Buyer's Closing Documents, the Closing Attorney shall review, inspect and confirm that all of the Seller's Closing Documents and Buyer's Closing Documents appear on their face to be in order, and, accordingly, the Closing Attorney shall issue a written statement to both Parties and Escrow Agent that all Seller's Closing Documents and Buyer's Closing Documents appear on their face to be in order. Buyer and Seller each understand and agree that the Closing Attorney's role and obligation with respect to Seller's Closing Documents and Buyer's Closing Documents is limited only to confirming that such documents appear on their face to be in order, and that Closing Attorney will not otherwise undertake to confirm or verify the accuracy or completeness of such documents. Without limiting the foregoing, Closing Attorney will have no obligation to confirm or verify that Seller has delivered all relevant records or that such records are true or complete.
4.3 Buyer's Role and ObligationHaving satisfied the Deposit ($5,000.00 US Dollars) requirements under §2.0, supra, and upon issuance of the Closing Attorney's written statement that the Seller's Closing Documents appear to be in order, Buyer shall transfer, without deduction or delay (other than normal wire clearing delays), and by Fed Wire Transfer (in clean, clear and unencumbered U.S. Dollars) the Purchase Price balance of Twenty Thousand and 00/100 U.S. Dollars ($20,000.00) to the Escrow Agent's designated escrow account.
4.4 Closing Attorney's Further Role and ObligationUpon receipt of Buyer's Fed Wire for the balance of Twenty Thousand and 00/100 U.S. Dollars ($20,000.00) by the Escrow Agent, Closing Attorney shall, accordingly, overnight by bonded courier the original set of the Seller's Closing Documents to the Buyer for countersigning. Upon receipt of such Purchase Price balance by the Escrow Agent and Closing Attorney's confirmation that all of Seller's Closing Documents and Buyer's Closing Documents, respectively, appear on their face to be in order, Closing Attorney shall instruct the Escrow Agent to Fed Wire transfer the Purchase Price of Twenty-five Thousand and 00/100 U.S. Dollars ($25,000.00) to the Seller's account coordinates.
4.5 Buyers Further Role and ObligationsThe Buyer shall countersign the Seller's Closing Documents, where indicated, and shall return one fully executed (signed and countersigned) complete set of original documents to the Seller via bonded overnight courier, with copy to the Closing Attorney, retaining the second fully executed and complete set of original documents for the Buyer's records.
5.0 REPRESENTATIONS AND WARRANTIES OF SELLERSeller represents and warrants that by selling the Shares to Buyer hereunder, it is selling, and is solely responsible and obligated hereunder to deliver, a reporting blank check shell company, as defined and established under Securities Exchange Act of 1934, as amended; that the Seller routinely (knowingly and purposefully) sells and transfers ownership (100%) of the Corporation with its final SEC acknowledgment pending so that said final acknowledgement is perfected, by the SEC, under the "new" ownership.
The Seller further represents and warrants that the Seller's obligations hereunder continue until the Shares are fully transferred, and that: (i) the Seller, based on its research and experience, knows of no reason that would cause the SEC to withhold routine acknowledgment of the Corporation as a reporting blank check shell company; (ii) Seller has no current basis to believe that SEC approval will be withheld; (iii) in the event that the SEC requires certain actions or changes with respect to the Corporation or its public disclosures, the Seller will promptly cause such actions to be taken or changes to be made, or promptly notify Buyer that it is terminating this Agreement and will instruct the Escrow Agent to refund the Deposit.
The Seller, as sole shareholder of the Corporation, hereby further represents and warrants to Buyer as follows:
5.1 Corporate FormationThe Corporation is a corporation legally formed and organized and in good standing under the laws of the State of Florida, and has the corporate power and authority to carry on the business it is now executing.
5.2 Third Party ConsentNeither the Corporation nor the Seller requires any form of third party consent, authorization, or declaration, nor does this transaction, as contemplated, necessitate any notice to, or filing with, any government or regulatory authority for the Parties to undertake their respective actions hereunder except for the filing of a Form 8-K by the Corporation with the SEC after the Closing and the Buyer's filing after the Closing with the State of Florida required filings such as the change in ownership, change in corporate governance and change of registered agent for the transaction contemplated by this Agreement.
5.3 Registration Statement (Form 10)The Corporation has filed with the United States Securities and Exchange Commission ("SEC") a registration statement on Form 10 effective pursuant to the Securities Exchange Act of 1934, as Amended, and the Corporation meets the criteria of a reporting company, as established under Section 12(g) thereunder (Securities Exchange Act of 1934). The Corporation is current on all reports required to be filed by it pursuant to Sections 13 or 15(d) of the Securities Exchange Act of 1934.
5.4 CapitalizationThe authorized capital stock of the Corporation (immediately prior to the Closing) consists of 100,000,000 shares of Common Stock, $0.001 par value per share, of which 100,000 shares are issued and outstanding, and 50,000,000 shares of Preferred Stock, $0.001 par value per share, none of which shares are issued an outstanding. The Shares comprise all of the issued and outstanding shares of Common Stock, and such Shares have been duly authorized and validly issued and are fully paid and nonassessable. The Seller is the legal and beneficial owner of the Shares, and has good and marketable title thereto, free and clear of any liens, claims, rights and encumbrances. Except as provided in this Agreement (i) no subscription, warrant, option, convertible security or other right (contingent or otherwise) to purchase or acquire any shares of capital stock of the Corporation is authorized or outstanding, (ii) the Corporation has no obligation (contingent or otherwise) to issue any subscription, warrant, option, convertible security or other such right or to issue or distribute to holders of any shares of its capital stock any evidences of indebtedness or assets of the Corporation, (iii) the Corporation has no obligation (contingent or otherwise) to purchase, redeem or otherwise acquire any shares of its capital stock or any interest therein or to pay any dividend or make any other distribution in respect thereof, and (iv) there are no outstanding or authorized stock appreciation, phantom stock or similar rights with respect to the Corporation.
All of the issued and outstanding shares of capital stock of the Corporation have been offered, issued and sold by the Corporation in compliance with applicable federal and state securities laws.
5.5 Subsidiaries, Etc.The Corporation has no subsidiaries and does not own or control, directly or indirectly, any shares of capital stock of any other corporation or any interest in any partnership, joint venture or other non-corporate business enterprise.
5.6 Security Holders Lists and AgreementsBelow is a true and complete list of the security holders of the Corporation, showing the number of shares of Common Stock or other securities of the Corporation held by each security holder as of the date of this Agreement and, in the case of options, warrants and other convertible securities, the exercise price thereof and the number and type of securities issuable thereunder:
Security Holder Type and Number of Securities Held
Assured Equities, LLC
| 100,000 shares of Common Stock
|
Except as provided in this Agreement, there are no agreements, written or oral, between the Corporation and the Seller, or between the Seller and any third party, relating to the acquisition (including without limitation rights of first refusal, anti-dilution or pre-emptive rights), disposition, registration under the Securities Act of 1933, as amended (the "Securities Act"), or voting of the capital stock of the Corporation.
5.7 Authority for Agreement; No ConflictThe execution, delivery and performance by the Seller of this Agreement and the consummation by the Seller of the transactions contemplated hereby have been duly authorized by all necessary company action by the Seller. This Agreement has been duly executed and delivered by the Seller and constitutes valid and binding obligation of the Seller enforceable in accordance with its respective terms. The execution of and performance of the transactions contemplated by this Agreement and compliance with its respective provisions by the Seller will not, except as provided in such agreement, (a) conflict with or violate any provision of the Certificate of Incorporation or By-laws of the Corporation or the similar governing documents of the Seller, (b) except as set forth in Section 5.2, require on the part of the Corporation or Seller any filing with, or any permit, authorization, consent or approval of, any court, arbitrational tribunal, administrative agency or commission or other governmental or regulatory authority or agency (each of the foregoing is hereafter referred to as a "Governmental Entity"), (c) conflict with, result in a breach of, constitute (with or without due notice or lapse of time or both) a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify or cancel, or require any notice, consent or waiver under, any contract, lease, sublease, license, sublicense, franchise, permit, indenture, agreement or mortgage for borrowed money, instrument of indebtedness, Security Interest (as defined below) or other arrangement to which the Corporation or Seller is a party or by which the Corporation or Seller is bound or to which their respective assets are subject, (d) result in the imposition of any Security Interest upon any assets of the Corporation or Seller or (e) violate any order, writ, injunction, decree, statute, rule or regulation applicable to the Corporation or Seller or any of their respective properties or assets. For purposes of this Agreement, "Security Interest" means any mortgage, pledge, security interest, encumbrance, charge, or other lien (whether arising by contract or by operation of law).
5.8 Governmental ConsentsNo consent, approval, order or authorization of, or registration, qualification, designation, declaration or filing with any Governmental Entity is required on the part of the Seller in connection with the execution and delivery of this Agreement, or the offer, sale and delivery of the Shares, as contemplated by this Agreement, except such filings as shall have been made prior to and shall be effective on and as of the Closing and such filings required to be made after the Closing under applicable federal and state securities laws.
5.9 Financial StatementsThe Company has prepared financial statements that comply with United States generally accepted accounting principles ("GAAP").
5.10 AssetsThe total assets of the Corporation reflected on the last regularly prepared balance sheet of the Corporation prior to the date of this Agreement were one hundred and 00/100 dollars ($100.00) in cash.
5.11 LiabilitiesThe Corporation does not have any liabilities.
5.12 TaxesThe Corporation has no operations and no employees. The Corporation has filed a U.S. Corporation Income Tax Return (Form 1120) and a State of Florida Corporate Income Tax Return on Form F-1120. Neither the Corporation nor any of its Directors, Officers or Stockholders has ever filed (a) an election pursuant to Section 1362 of the Internal Revenue Code of 1986, as amended (the "Code"), that the Corporation be taxed as an S Corporation or (b) consent pursuant to Section 341(f) of the Code relating to collapsible corporations.
5.13 LitigationThere is no action, suit or proceeding, or governmental inquiry or investigation, pending, or, to the best of the Seller's knowledge, threatened, against the Corporation. The Corporation is not subject to any outstanding judgment, order or decree.
5.14 Material Contracts and ObligationsThe Corporation has no material agreements or commitments of any nature (whether written or oral).
5.15 Employees and DirectorsThe Corporation has no employees. Effective upon the date of this Agreement, the Corporation's Board of Directors consists of:
Xxxxxxx X. Xxxx, (Chairman of the Board)
Xxxx X. Xxxx (Member, Board of Directors)
The minute books of the Corporation contain, in all material respects, complete and accurate records of all meetings and other corporate actions of its stockholders and its Board of Directors and committees thereof. The stock ledger of the Corporation is complete and reflects all issuances, transfers, repurchases and cancellations of shares of capital stock of the Corporation.
5.17 Voting and Disposive PowerXxxxxxx X. Xxxx, as the sole Managing Member of Seller, has full voting and dispositive power with regard to all of the Shares.
5.18 Finder Or Broker ClaimsNo person or entity has, or will have, any right, interest or valid claim against the Corporation for any commission, fee or other compensation in connection with the sale of the Shares herein, as a finder or broker or in any similar capacity as a result of any act or omission by the Corporation and/or Seller or anyone acting on behalf of the Corporation and/or Seller.
5.19 Corporate InformationThe corporate information contained provided by the Seller and on file with the SEC is true and correct.
6.0 REPRESENTATIONS OF THE BUYERBuyer hereby represents and warrants to Seller that:
6.1 Authority For Agreement: No ConflictBuyer has full power and authority to enter into and to perform this Agreement in accordance with its terms. Upon its execution and delivery, this Agreement will be valid and binding obligations of the Buyer, enforceable in accordance with its terms, except (a) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors' rights, (b) as limited by general principles of equity that restrict the availability of equitable remedies. Buyer further warrants that the execution, delivery and performance of this Agreement is in compliance with, and does not conflict with or result in a breach of or in violation of the terms, conditions or provisions of any agreement, mortgage, lease or other instrument or indenture to which Buyer is a party or by which Buyer is bound.
6.2 ExperienceBuyer has carefully reviewed the representations concerning the Corporation contained in this Agreement and has made detailed inquiry concerning the Corporation, its business and its personnel; the officers of the Corporation have made available to such Buyer any and all written information which he, she or it has requested and have answered to such Buyer's satisfaction all inquiries made by such Buyer; and such Buyer has sufficient knowledge and experience in finance and business that he, she or it is capable of evaluating the risks and merits of his, her or its purchase of the Shares and such Buyer is able financially to bear the risks thereof.
6.3 SolicitationAt no time was Buyer presented with, or solicited by or through any leaflet, public promotional message or any other form of general solicitation or advertising promoting the sale of the Shares.
6.4 Own AccountBuyer is acquiring the Shares for his, her or its own account for investment and not with a view to, or for sale in connection with, any distribution thereof, nor with any present intention of distributing or selling the same; and, except as contemplated by this Agreement, Buyer has no present or contemplated agreement, undertaking, arrangement, obligation, indebtedness or commitment providing for the disposition thereof. Buyer acknowledges and consents that the Shares that are the subject of this Agreement are restricted securities within the meaning of applicable securities laws and, therefore, may not be transferred without registration with the SEC and applicable state securities regulators or exemptions from registration.
6.5 RecordingsBuyer, under penalty of perjury, hereby warrants that he, she or it will file any and all documents required by the State of Florida and the SEC to record the sale and transfer of ownership, and the change in corporate governance of the Corporation, in a timely and fully compliant manner.
6.6 ResidenceThe office or offices of the Buyer in which its purchase decision was made is located at the address or addresses of the Buyer set forth in Section 7.8 herein.
7.0 MISCELLANEOUS
7.1 Successors and Assigns
This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. Neither Party may assign this Agreement without the express written consent of the other Party; however, such consent shall neither be unreasonably withheld nor delayed.
7.2 ConfidentialityBuyer agrees that he, she or it will keep confidential and will not disclose, divulge or use for any purpose other than to evaluate the purchase of the Shares, any and all confidential, proprietary or secret information which such Buyer may obtain relating to Seller or Seller's business ("Confidential Information"), unless such Confidential Information is known, or until such Confidential Information becomes known, to the public; provided, however, that Buyer may disclose Confidential Information (i) to its attorneys, accountants, consultants, and other professionals to the extent necessary to obtain their services in connection with the transactions contemplated hereby, (ii) to any affiliate of such Buyer or to a partner, stockholder or subsidiary of such Buyer, provided that such affiliate agrees in writing to be bound by the provisions of this Section 7.2, or (iii) as may otherwise be required by law, provided that the Buyer takes reasonable steps to minimize the extent of any such required disclosure.
7.3 Survival of Representations and WarrantiesAll representations and warranties contained herein shall survive the execution and delivery of this Agreement and the closing of the transactions contemplated hereby for a period of one year after the Closing.
7.4 BrokersThe Parties to this Agreement (i) represent and warrant to the other Party hereto that he, she or it has not retained a finder or broker in connection with the transactions contemplated by this Agreement, and (ii) will indemnify and save the other Party harmless from and against any and all claims, liabilities or obligations with respect to brokerage or finders' fees or commissions, or consulting fees in connection with the transactions contemplated by this Agreement asserted by any person on the basis of any statement or representation alleged to have been made by such indemnifying party.
7.5 SeverabilityThe invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement.
7.6 Specific PerformanceIn addition to any and all other remedies that may be available at law in the event of any breach of this Agreement, Buyer shall be entitled to specific performance of the agreements and obligations of the Seller hereunder and to such other injunctive or other equitable relief as may be granted by a court of competent jurisdiction.
7.7 Governing LawThis Agreement shall be governed by, and construed and enforced in accordance with the internal laws of the State of Washington without regard to principles of conflicts of laws. Each party irrevocably and unconditionally: (a) agrees that any legal proceeding relating to this Agreement must be brought in the State courts in King County, Washington, or the District Court of the United States, Western Washington District Court; (b) consents to the jurisdiction of each such court in any suit, action or proceeding; (c) waives any objection which it may have to the laying of venue of any proceeding in any such court; and (d) agrees that service of any court paper may be effected on it by mail, or in such other manner as may be provided under applicable laws or court rules in the State of Washington.
7.8 NoticesAll notices, requests, consents, and other communications under this Agreement shall be in writing and shall be deemed delivered (i) two business days after being sent by registered or certified mail, return receipt requested, postage prepaid or (ii) one business day after being sent via a reputable nationwide overnight courier service guaranteeing next business day delivery, in each case to the intended recipient as set forth below:
If to Seller:
Assured Equities, LLC
0000 00xx Xxxxxx Xxxx
Xxxxxxx, XX 00000
Attn: Xx. Xxxxxxx X. Xxxx, Managing Member
If to Buyer:
Rogue Diva Racing, Inc.
00 Xxxxxx Xxxxxx
Xxxxx, XX 00000
Attn: Xx. Xxxxx XxxXxxx
7.9 Complete Agreement
This Agreement constitutes the entire agreement and understanding of the Parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings relating to such subject matter.
7.10 AmendmentsNo amendments or additions to this Agreement shall be binding unless in writing, signed by both Parties, except as herein otherwise provided.
7.11 PronounsWhenever the context may require, any pronouns used in this Agreement shall include the corresponding masculine, feminine or neuter forms, and the singular form of nouns and pronouns shall include the plural, and vice versa.
7.12 CounterpartsThis Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, and all of which shall constitute one and the same document.
7.13 Section HeadingsThe section headings are for the convenience of the Parties and in no way alter, modify, amend, limit, or restrict the contractual obligations of the Parties.
7.14 Gender And Number: Section HeadingsWords importing a particular gender mean and include the other gender or business entity, as may be the case; also words importing a singular number mean and include the plural number and vice versa, unless the context clearly indicated to the contrary. The section and other headings contained in this Agreement are for reference purposes only and shall not affect the meaning or interpretation of this Agreement.
7.15 WaiverNo waiver, or waiver of breach, of any provision or condition or this Agreement shall be deemed waiver of any similar or dissimilar provision or condition at the same time or any prior or subsequent time.
7.16 PublicityExcept as otherwise required by law, none of the Parties hereto shall issue any press release or make any other public statement, in each case relating to, connected with or arising out of this Agreement or the matters contained herein, without obtaining the prior approval of the other to the contents and the manner of presentation and publication thereof.
7.17 Entire AgreementThis Agreement contains all of the terms agreed upon by the Parties with respect to the subject matter hereof. This Agreement has been entered into after full investigation, and is a product of negotiations and that no inference should be drawn regarding the drafting of this document.
IN WITNESS WHEREOF, and intending to be legally bound, the Parties hereto have signed this Agreement by their duly authorized officers the day and year first above written.
Executed as of the date first written above.
s/s Xxxxxxx Xxxx s/s Xxxxx XxxXxxx
Seller: Assured Equities, LLC Buyer: Rogue Diva Racing, Inc.
Xx. Xxxxxxx Xxxx, Managing Member Xx. Xxxxx XxxXxxx, President
0000 00xx Xxxxxx Xxxx, Xxxxxxx, XX 00000 XX Xxx 0000, Xxxxxxxxx, XX 00000
Phone: 000-000-0000, Fax: 000-000-0000 Phone: 000-000-0000
Email: xxxx@xxxxxxxxxxxxxxx.xxx Email: xxxxxx@xxx.xxx