EXHIBIT 10(c)
BILL OF SALE
EFFECTIVE DATE: January 20, 1998
PARTIES:
XXXXXX CREDIT, LLC, an
Oregon Limited Liability Co. ("Seller")
CREDIT CONCEPTS, INC.,
an Oregon corporation ("Buyer")
AGREEMENTS:
IN CONSIDERATION of the mutual promises of the parties, and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, Seller and Xxxxx hereby agree as follows:
1. TRANSFER OF ASSETS. Seller hereby conveys, transfers, assigns,
grants, sells and delivers to Buyer, and Buyer acquires, accepts, and purchases
all of the assets of Seller including, without limitation, those assets
described in paragraphs 1.1 through 1.4 hereof ("Assets"):
1.1 All cash of Seller;
1.2 All equipment, furniture and fixtures owned by Seller;
1.3 All inventories of supplies and merchandise owned by Seller;
1.4 All general intangibles including, without limitation, all accounts
and contract rights owned by Seller.
2. FURTHER ASSURANCES. Seller shall execute and deliver to Buyer such
further documents and instruments, if any, and take such other action that may
be reasonably requested by Buyer to evidence this conveyance of the Assets.
3. BINDING EFFECT. This Bill of Sale shall be effective as of the date
hereof and shall inure to the benefit of and be binding upon the parties hereto
and their successors or assigns.
SELLER: BUYER:
XXXXXX CREDIT, LLC CREDIT CONCEPTS, INC.
By: /s/Xxxxxx X. Xxxxxx, Mgr/Mbr By: /s/Xxxxxx X. Xxxxxx, Pres
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