ASSET PURCHASE AGREEMENTAsset Purchase Agreement • July 15th, 2003 • Airnet Systems Inc • Air transportation, scheduled • Ohio
THIS ASSET PURCHASE AGREEMENT (the “Agreement”) is dated as of the 11th day of July, 2003, by and among AirNet Systems, Inc., an Ohio corporation (“Seller”), AirNet Management, Inc., an Ohio corporation and wholly owned subsidiary of Seller (“AirNet Management”), Mercury Business Services, Inc., a Delaware corporation (“Buyer”), Andrew R. Cooke, a resident of the Commonwealth of Massachusetts and a shareholder of Buyer, Peter G. Salisbury, a resident of the Commonwealth of Massachusetts and a shareholder of Buyer, and Christopher F. Valente, a resident of the Commonwealth of Massachusetts and a shareholder of Buyer (Andrew R. Cooke, Peter G. Salisbury and Christopher F. Valente are referred to herein collectively as the “Shareholders” and individually as a “Shareholder”). Seller, AirNet Management, Buyer and the Shareholders are referred to herein collectively as the “Parties” and individually as a “Party.”
