ContractAsset Purchase Agreement • February 4th, 2016 • Diebold Inc • Calculating & accounting machines (no electronic computers)
On February 1, 2016, Diebold, Incorporated (“Diebold”) and certain of its affiliates completed its previously announced divestiture of its electronic security business located in the United States and Canada to Securitas Electronic Security, Inc., a wholly owned subsidiary of Securitas AB, and certain of its affiliates, pursuant to the Asset Purchase Agreement (the “Purchase Agreement”) among the parties dated October 25, 2015.
ASSET PURCHASE AGREEMENT by and among DIEBOLD, INCORPORATED THE DIEBOLD COMPANY OF CANADA, LTD. SECURITAS ELECTRONIC SECURITY, INC. and 9481176 CANADA INC.Asset Purchase Agreement • February 4th, 2016 • Diebold Inc • Calculating & accounting machines (no electronic computers) • Ohio
This ASSET PURCHASE AGREEMENT (“Agreement”), dated as of October 25, 2015 (“Effective Date”), is by and among Securitas Electronic Security, Inc., a Delaware corporation (“Purchaser”), 9481176 Canada Inc., a Canadian corporation (“Canadian Purchaser”), Diebold, Incorporated, an Ohio corporation (“Seller”), and The Diebold Company of Canada, Ltd., a Canadian corporation and wholly owned subsidiary of Seller (“Canadian Seller”). Purchaser, Canadian Purchaser, Seller, and Canadian Seller are sometimes referred to herein individually as a “Party,” and collectively as the “Parties.”
