ASSET PURCHASE AGREEMENT AMONG HOPPER RADIO OF FLORIDA, INC., MEMCORP, INC., MEMCORP ASIA LIMITED and IMATION CORP. MAY 7, 2007Asset Purchase Agreement • May 8th, 2007 • Imation Corp • Magnetic & optical recording media • New York
This ASSET PURCHASE AGREEMENT (“Agreement”) is entered into as of May 7, 2007 among Hopper Radio of Florida, Inc., a Florida corporation (“Hopper”), Memcorp, Inc., a Florida corporation (“Memcorp”), Memcorp Asia Limited, a corporation organized under the laws of Hong Kong (“Memcorp Asia”) (Hopper, Memcorp and Memcorp Asia are each individually referred to herein as a “Seller” and are collectively referred to herein as the “Sellers”), and Imation Corp., a Delaware corporation (the “Buyer”). The Sellers and the Buyer are referred to collectively herein as the “Parties.”
