ASSET PURCHASE AGREEMENTAsset Purchase Agreement • March 22nd, 2007 • Actel Corp • Semiconductors & related devices • California
This ASSET PURCHASE AGREEMENT (“Agreement”) is made and entered into as of March 16, 2007 (the “Effective Date”) by and between Actel Corporation, a California corporation with a place of business at 2061 Stierlin Court, Mountain View, CA 94043 (“Actel” or “Buyer”), and BTR, Inc., a Nevada corporation with a place of business at 20380 Town Center Lane, Suite 250, Cupertino, CA 95014 (“BTR”), and Advantage Logic Inc, a California corporation with a place of business at 20380 Town Center Lane, Suite 250, Cupertino, CA 95014 (“ALI” and, together with BTR, “BTR/ALI”), and, solely as to Sections 1 (Definitions), 6 (Representations and Warranties of BTR/ALI and the Officers), 8 (Non-Assertion Covenant), 9 (Additional Obligations of the Parties), 12 (Limitation on Liability), and 13 (Miscellaneous), Benjamin Ting, Peter Pani, and Richard Abraham (collectively, the “Officers”). The Parties hereby agree as follows:
SETTLEMENT AGREEMENT AND MUTUAL RELEASESettlement Agreement • March 22nd, 2007 • Actel Corp • Semiconductors & related devices • California
The parties to the above captioned arbitration (this “Arbitration”), Actel Corporation (“Actel”) and BTR, Inc. (“BTR”), may seek discovery of documents, information or other materials which contain or relate to confidential, proprietary or trade secret information of another party or of a third party;
