ASSET PURCHASE AGREEMENT by and among NETBANK PAYMENT SYSTEMS, INC., NETBANK, NETBANK, INC., PAYMENT ALLIANCE INTERNATIONAL, INC. and PAI ATM SERVICES, LLC April 27, 2007Asset Purchase Agreement • May 2nd, 2007 • Netbank Inc • Savings institutions, not federally chartered • Delaware
Contract Type FiledMay 2nd, 2007 Company Industry JurisdictionTHIS ASSET PURCHASE AGREEMENT (this “Agreement”) is entered into as of April 27, 2007 (the “Effective Date”), by and among NetBank Payment Systems, Inc., a Florida corporation (the “Seller”), NetBank, a federal savings bank (the “Owner”), NetBank, Inc., a Georgia corporation (“Parent”), Payment Alliance International, Inc., a Delaware corporation (“PAI”), and PAI ATM Services, LLC, a Delaware limited liability company (the “Purchaser”). Certain other capitalized terms used in this Agreement are defined in Exhibit A.