PURCHASE AGREEMENTPurchase Agreement • September 21st, 2007 • Asi Technology Corp • Investors, nec
Contract Type FiledSeptember 21st, 2007 Company IndustryTHIS AGREEMENT dated September 21, 2007 between ASI CAPITAL CORPORATION (SELLER) and DAVRIC CORPORATION (BUYER) serves as the mutually agreed upon purchase of a Promissory Note in the original amount of One Hundred Twenty-Six Thousand and no/100 Dollars ($126,000.00) with a current principal balance of One Hundred Fifteen Thousand Five Hundred and no/100 Dollars ($115,500.00). This note is secured by a security interest pursuant to Article 9 of the Uniform Commercial Code in the following property (Collateral), which shall include all after-acquired property of a like nature and description and proceeds and products thereof: