ASSET SALE AGREEMENT Dated as of January 11, 2011 by and among GENBAND US LLC, GENBAND CANADA ULC, GENBAND IP COMPANY and PERFTECH (PTI) CANADA CORP.Asset Sale Agreement • December 29th, 2011 • Performance Technologies Inc \De\ • Computer communications equipment • Delaware
This Asset Sale Agreement (this “Agreement”) is made and entered into as of January 11, 2011 (the “Effective Date”) by and among GENBAND US LLC, a Delaware limited liability company (“GENBAND US LLC”), GENBAND Canada ULC, a Nova Scotia unlimited liability company (“GENBAND Canada”), GENBAND IP Company, a Cayman Islands exempted company (“GENBAND IP Company” and, together with GENBAND US LLC, and GENBAND Canada, the “GENBAND Parties”) on the one hand, and PERFTECH (PTI) CANADA CORP., a corporation organized under the laws of Ontario (“PT”), on the other hand. Each party hereto, a “Party” and collectively, the “Parties.” Certain capitalized terms used herein shall have the meanings given to them in Article 2.
