EXHIBIT 99.6
XXXX OF SALE (CANADA)
THIS XXXX OF SALE ("Xxxx of Sale"), dated as of January 21, 2005, is made
by Verso Technologies, Inc., a Minnesota corporation, MCK Communications, Inc.,
a Nevada corporation, MCK Communications, Inc., a Delaware corporation, MCK
Telecommunications Inc., a Yukon Territory corporation, and Digital Techniques,
Inc., a Texas corporation (collectively, "Sellers"), pursuant to the Asset
Purchase Agreement (as amended, supplemented or otherwise modified from time to
time in accordance with its terms) (the "Asset Purchase Agreement"), dated as of
January 21, 2005, by and among Sellers, Citel Technologies Limited, company
number 02459517, a corporation organized under the laws of England and Wales,
Citel Technologies, Inc., a Delaware corporation, and MCK Canada Operations
Inc., a corporation organized under the laws of British Columbia ("Purchaser").
Capitalized terms used herein but not defined herein shall have the meanings set
forth in the Asset Purchase Agreement.
1. Sale, Transfer, Assignment, Delivery and Conveyance. Upon the terms and
subject to the conditions of the Asset Purchase Agreement (which shall govern in
the event of a conflict between the terms hereof and those set forth in the
Asset Purchase Agreement), for value received, each Seller does hereby
absolutely, unconditionally and irrevocably sell, transfer, assign, deliver and
otherwise convey to Purchaser, all of such Sellers' right, title and interest
in, to and under, and all obligations under or relating to, the Assets
identified on Annex A hereto (the "Assets") (other than those Assets consisting
of the assigned Contracts, which are addressed by the Assignment and Assumption
Agreement, and other than the assigned Intellectual Property, which are
addressed by the Copyright Assignment, the Domain Name Assignment, the Patent
Assignment and the Trademark Assignment), free and clear of any Encumbrances
other than Permitted Encumbrances.
2. Power of Attorney. Each Seller hereby constitutes and appoints
Purchaser the true and lawful agent and attorney in fact of such Seller, with
full power of substitution and resubstitution, in whole or in part, in the name
and stead of such Seller but on behalf and for the benefit of Purchaser and its
successors and assigns, from time to time (a) to demand, receive and collect any
and all of the Accounts Receivable purchased by Purchaser pursuant to the Asset
Purchase Agreement and to give receipts and releases for and with respect to the
same, or any part thereof; and (b) to institute and prosecute, in the name of
such Seller or otherwise, any and all proceedings at law, in equity or
otherwise, that Purchaser or its successors and assigns may deem proper in order
to collect or reduce to possession any of the Accounts Receivable purchased by
Purchaser pursuant to the Asset Purchase Agreement.
3. Limitation of Representations. Sellers make no express or implied
representations or warranties in this Xxxx of Sale of any kind whatsoever with
respect to the Assets. This Xxxx of Sale in no way defeats, limits, alters,
impairs, enhances or enlarges any right, obligation, claim or remedy under the
Asset Purchase Agreement, including any rights the parties hereto may have under
the representations, warranties and indemnities set forth therein.
4. Counterparts. This Xxxx of Sale may be executed in two or more
counterparts, each of which shall be deemed to constitute an original, but all
of which together shall constitute one and the same document.
Xxxx of Sale (Canada)
1
IN WITNESS WHEREOF, each Seller has caused this Xxxx of Sale to be duly executed
as of the date first written above by their respective officers thereunto duly
authorized.
SELLERS:
Verso Technologies, Inc. MCK Communications, Inc. (NV)
By: /s/ Xxxxxx X. Xxxxxxx By: /s/ Xxxxxx X. Xxxxxxx
-------------------------------- -----------------------------
Name: Xxxxxx X. Xxxxxxx Name: Xxxxxx X. Xxxxxxx
------------------------------ ---------------------------
Title: Executive Vice President Title: Vice President
and Chief Financial Officer --------------------------
-----------------------------
MCK Communications, Inc. (DE) MCK Telecommunications Inc.
By: /s/ Xxxxxx X. Xxxxxxx By: /s/ Xxxxxx X. Xxxxxxx
-------------------------------- -----------------------------
Name: Xxxxxx X. Xxxxxxx Name: Xxxxxx X. Xxxxxxx
------------------------------ ---------------------------
Title: Vice President Title: President
----------------------------- ---------------------------
Digital Techniques, Inc.
By: /s/ Xxxxxx X. Xxxxxxx
--------------------------------
Name: Xxxxxx X. Xxxxxxx
------------------------------
Title: Vice President
-----------------------------
Xxxx of Sale (Canada)
2
ANNEX A
ASSETS
SCHEDULE 2.1(c) LEASEHOLD INTERESTS
LEASEHOLD IMPROVEMENTS:
FYE MONTH = DECEMBER
CURRENT
IN SVC ACCUM
CO ASSET NO DESCRIPTION DATE BASIS DEPRECIATION NET BOOK VALUE
CLASS = LH- IN CANADIAN
$
MCAN065 Additions MCK Canada 10/01/03 $ 215.48 $ 129.32 $ 86.16
MCAN066 Additions MCK Canada 10/01/03 1,169.28 701.60 467.68
MCAN067 Additions MCK Canada 10/01/03 36,032.26 21,619.39 14,412.87
MCAN068 Additions MCK Canada 10/01/03 45,908.72 27,545.21 18,363.51
MCAN069 Additions MCK Canada 10/01/03 2,629.38 1,577.61 1,051.77
MCAN070 Additions MCK Canada 10/01/03 5,575.84 3,345.49 2,230.35
MCAN071 Additions MCK Canada 10/01/03 454.42 272.66 181.76
MCAN072 Additions MCK Canada 10/01/03 580.61 348.35 232.26
$ 92,565.99 $ 55,539.63 $ 37,026.36
Xxxx of Sale (Canada)
3
SCHEDULE 2.1(d) TANGIBLE PERSONAL PROPERTY
FYE Month = December
MCK TELECOMMUNICATIONS CANADA IN CND$
CURRENT
ACCUM NET BOOK
EXT CO ASSET NO DESCRIPTION IN SVC DATE BASIS DEPRECIATION VALUE
CLASS = E
MCAN001 Disposal 10/01/03 ($ 5,038.74) ($ 4,030.99) ($ 1,007.75)
MCAN002 Additions 10/01/03 0.12 0.00 0.12
MCAN003 Additions MCK 10/01/03 (0.09) 0.00 (0.09)
Canada
MCAN004 Additions MCK 10/01/03 (0.05) (0.05) 0.00
Canada
MCAN005 Additions MCK 10/01/03 130.14 130.14 0.00
Canada
MCAN006 Additions MCK 10/01/03 1,359.25 1,359.25 0.00
Canada
MCAN007 Additions MCK 10/01/03 236.23 236.23 0.00
Canada
MCAN008 Additions MCK 10/01/03 1,479.00 1,479.00 0.00
Canada
MCAN009 Additions MCK 10/01/03 1,137.65 1,137.65 0.00
Canada
MCAN010 Additions MCK 10/01/03 869.95 869.95 0.00
Canada
MCAN011 Additions MCK 10/01/03 994.22 994.22 0.00
Canada
MCAN012 Additions MCK 10/01/03 2,168.00 2,168.00 0.00
Canada
MCAN013 Additions MCK 10/01/03 2,958.69 2,958.69 0.00
Canada
MCAN014 Additions MCK 10/01/03 1,400.00 1,400.00 0.00
Canada
MCAN015 Xxxx Xxxxxxx ER 10/01/03 1,190.00 595.01 594.99
Hard Drives
MCAN016 Xxxx Xxxxxxx ER 10/01/03 964.23 482.11 482.12
RAM Upgrades
MCAN017 XX Xxxxx Dterm 10/01/03 1,001.39 429.16 572.23
Series Computer
MCAN018 Additions MCK 10/01/03 (0.03) (0.03) 0.00
Canda
MCAN019 Additions MCK 10/01/03 (0.09) 0.00 (0.09)
Canada
MCAN020 Additions MCK 10/01/03 0.09 0.00 0.09
Canada
MCAN021 Additions MCK 10/01/03 (0.11) 0.00 (0.11)
Canada
MCAN022 Additions MCK 10/01/03 1.14 1.14 0.00
Canada
MCAN023 Additions MCK 10/01/03 183.25 183.25 0.00
Canada
MCAN024 Additions MCK 10/01/03 4,679.87 4,679.87 0.00
Canada
MCAN025 Additions MCK 10/01/03 273.38 273.38 0.00
Canada
MCAN026 Additions MCK 10/01/03 1,033.33 1,033.33 0.00
Canada
Xxxx of Sale (Canada)
4
MCAN027 Additions MCK 10/01/03 308.39 308.39 0.00
Canada
MCAN028 Additions MCK 10/01/03 949.55 547.81 401.74
Canada
MCAN029 Additions MCK 10/01/03 0.06 0.00 0.06
Canada
MCAN030 Additions MCK 10/01/03 0.11 0.00 0.11
Canada
MCAN031 Additions MCK 10/01/03 0.12 0.00 0.12
Canada
MCAN032 Additions MCK 10/01/03 294.26 294.15 0.11
Canada
MCAN034 Additions MCK 10/01/03 168.06 167.94 0.12
Canada
MCAN035 Additions MCK 10/01/03 1,697.81 1,697.81 0.00
Canada
MCAN036 Additions MCK 10/01/03 29,394.62 29,394.62 0.00
Canada
MCAN037 Additions MCK 10/01/03 14,672.22 14,672.22 0.00
Canada
MCAN038 Additions MCK 10/01/03 2,276.39 2,276.39 0.00
Canada
MCAN039 Additions MCK 10/01/03 3,207.09 3,207.09 0.00
Canada
MCAN040 Additions MCK 10/01/03 14,072.86 14,072.86 0.00
Canada
MCAN041 Additions MCK 10/01/03 988.00 823.31 164.69
Canada
MCAN042 TCS BCM Units 10/01/03 7,161.94 5,654.15 1,507.79
MCAN043 Transtalk 9040 10/01/03 1,715.77 1,169.85 545.92
Radio Module
MCAN044 Quick Eagle 10/01/03 1,212.74 790.92 421.82
Network
MCAN045 ICT Tool 10/01/03 18,812.08 12,268.76 6,543.32
MCAN046 Equipment 10/01/03 12,628.25 7,892.67 4,735.58
MCAN047 Siemens Hicom 10/01/03 15,226.66 9,136.01 6,090.65
150 PBX
MCAN048 Alcatel T1 LIM 10/01/03 1,666.67 1,000.01 666.66
Module
MCAN049 Alcatel Dual T1 10/01/03 4,166.67 2,500.01 1,666.66
1.544 MBPS Card
MCAN050 ATL Call Center 10/01/03 11,028.13 6,126.74 4,901.39
System
MCAN051 Acrodex 10/01/03 1,323.78 709.18 614.60
MCAN052 TCSWest 10/01/03 946.68 507.15 439.53
MCAN053 TCS West Avaya 10/01/03 1,617.48 808.75 808.73
Digital Line Card
WBM Office
MCAN054 Systems NEAX 10/01/03 2,603.57 1,220.42 1,383.15
2000 IVS
MCAN055 WBM Office 10/01/03 23,620.14 10,122.92 13,497.22
Systems CPUI
WBM Office
MCAN073 Systems NEC I 10/01/03 3,023.32 1,267.36 1,755.96
Series
MCAN074 Additions MCK 10/01/03 (0.15) 0.00 (0.15)
Canada
MCAN055 WBM Office 10/01/03 1,742.22 816.65 925.57
Supply CPUI
XXXX000 Xxxxxxx XXX 00000 03/01/04 18,604.13 5,167.81 13,436.32
MCAN079 2 Flat Panel 03/04/04 1,794.33 498.43 1,295.90
Monitors
Xxxx of Sale (Canada)
5
MCAN080 5 Dell Optiplex 06/01/04 11,525.00 2,240.97 9,284.03
computers/printers
----------- ----------- ----------
CLASS = E $225,469.77 $153,740.66 $71,729.11
CLASS = F
MCAN057 Additions MCK 10/01/03 $ 0.13 $ 0.00 $ 0.13
Canada
MCAN075 6000 CR Board 01/18/04 13,958.70 4,265.16 9,693.54
Layout
----------- ---------- ----------
CLASS = F $ 13,958.83 $ 4,265.16 $ 9,693.67
CLASS = PS
MCAN061 Infographics 10/01/03 $ 839.97 $ 839.97 $ 0.00
Allegro Interface
MCAN062 TCS M3905 Sets 10/01/03 1,327.47 1,327.47 0.00
Rel 3
MCAN063 Rational Rose 10/01/03 1,309.65 1,309.65 0.00
Professional
TCS West 6.0s/w
MCAN064 w/English 10/01/03 861.14 717.60 143.54
Document
MCAN076 Upgrade Norstar, 01/19/04 2,171.40 663.48 1,507.92
MICS 6.1
MCAN077 Upgrade NEC 2400 03/01/04 2,156.25 598.96 1,557.29
----------- ----------- ----------
CLASS = PS $ 8,665.88 $ 5,457.13 $ 3,208.75
Xxxx of Sale (Canada)
6