MEMBERSHIP INTEREST PURCHASE AGREEMENT by and among TECHTEAM GOVERNMENT SOLUTIONS, INC., NEWVECTORS HOLDING LLC, ALTARUM INSTITUTE and ALTARUM SUPPORTING ORGANIZATION, INC. DATED AS OF MAY 23, 2007Membership Interest Purchase Agreement • May 24th, 2007 • Techteam Global Inc • Services-computer programming, data processing, etc. • Michigan
THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “Agreement”) is made as of May 23, 2007, by TechTeam Government Solutions, Inc., a Virginia corporation (“Buyer”), NewVectors Holding LLC, a Michigan limited liability company (“Seller”), Altarum Institute, a Michigan nonprofit corporation and tax-exempt public charity (“Altarum”), and Altarum Supporting Organization, Inc., a Michigan nonprofit corporation and tax-exempt public charity (“ASO”, and together with Altarum and Seller, the “Seller Group”).
