ASSET PURCHASE AGREEMENTAsset Purchase Agreement • December 6th, 2011 • Lenco Mobile Inc. • Services-advertising • California
This Asset Purchase Agreement (this “Agreement”) is made and entered into as of December 1, 2011, by and among MDMD Ventures, LLC, a California limited liability company (“Holding Company”); RadioLoyalty, Inc., a California corporation and a wholly-owned subsidiary of the Holding Company (“Purchaser”); Lenco Mobile Inc., a Delaware corporation (“Lenco Mobile”); Lenco Media Inc., a Nevada corporation and wholly-owned subsidiary of Lenco Mobile (“Lenco Media”); and Lenco Multimedia Inc., a Nevada corporation and wholly-owned subsidiary of Lenco Media (“Lenco Multimedia” and together with Lenco Mobile and Lenco Media, the “Sellers”). Each party is sometimes individually referred to in this Agreement as a “Party” and collectively as the “Parties.”
