AGREEMENT FOR PURCHASE AND SALE OF ASSETS BY AND BETWEEN TRISENSE SOFTWARE, LTD. AND GROUP 1 SOFTWARE, INC. DATED APRIL 30, 2001Purchase and Sale Agreement • May 14th, 2001 • Group 1 Software Inc • Services-prepackaged software • Maryland
AGREEMENT FOR PURCHASE AND SALE OF ASSETS THIS AGREEMENT FOR PURCHASE AND SALE OF ASSETS (the “Agreement”) is made and entered into this __ day of April, 2001, by and between TRISENSE Software, Ltd., a Minnesota corporation (“TriSense”) and Group 1 Software, Inc., a Delaware corporation (“Group 1”), regarding the acquisition by Group 1 of all of the assets and the assumption of identified liabilities of TriSense and other transactions described below. In consideration of the premises and the mutual promises, representations, warranties and covenants hereinafter set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, TriSense and Group 1 intending to be legally bound hereby agree as follows: 1. ACQUISITION OF THE ASSETS (a) Subject to the terms and conditions of this Agreement, Group 1 shall acquire at Closing (as defined below) and Trisense shall sell to Group 1, all of TriSense’s right, title and interest, and with respect
