ASSET PURCHASE AND SALE AGREEMENTAsset Purchase and Sale Agreement • October 9th, 2015 • California
Contract Type FiledOctober 9th, 2015 JurisdictionTHIS ASSET PURCHASE AND SALE AGREEMENT (this "Agreement') is dated effective as of October 9, 2015, (the "Effective Date") by and between E.D.S. Financial Services, Inc., ("Purchaser"), a California corporation, and Thomas A. Seaman, Receiver ("Seller"), appointed by the United States District Court for the Central District of California, Southern Division (the "Court") as permanent receiver for Medical Capital Holdings, Inc. ("MCH"), and its subsidiaries and affiliates, including Medical Provider Financial Corporation III, a Nevada corporation ("MPFC III"), Medical Provider Financial Corporation IV, a Nevada corporation ("MPFC IV") and Georgia Medical Provider Financial Corporation, a Georgia corporation ("GMPFC")(MCH, MPFCIII, MPFC IV and GMPFC are sometimes collectively referred to herein as "Receivership Entities").