June 12,2000
ASSET PURCHASE AGREEMENT
Between
Site HQ, Inc. and
Internet Properties Development, Inc.
In conjunction with the agreement, "DOMAIN NAME PURCHASE AGREEMENT Between Site
HQ, Inc. and Internet Properties Development, Corp."
Internet Properties Development, Inc., a wholly owned subsidiary of XxxxXxx.xxx,
Inc., (the Buyer) and Site HQ, Inc. (the "Seller") also agree that the "Buyer"
is purchasing the infrastructure and development assets of the "Seller"
including all work to date in the Domain Names and Internet assets described in
Exhibit "A" of the "DOMAIN NAME PURCHASE AGREEMENT Between Internet Properties
Development, LLC and Internet Properties Development, Corp."
The "Buyer" is also purchasing from the "Seller" all of the office assets for
all the properties above referenced and described in the attached Schedule "A"
of assets and Schedule "B" of liabilities.
In consideration for the transfer of all of the above described assets, the
"`Buyer" agrees to pay the "Seller"
$7000 Seven thousand and no/100 within (thirty) days of today's date, following
a reasonable period of due diligence.
Buyer:
/s/ Xxxxxxx Xxxxx
--------------------------------
Internet Properties Development, Inc.
XXXXXXX XXXXX
Seller:
/s/ H. Page Xxxx
---------------------------------
Site HQ, Inc.
X.XXXX XXXX
