STOCK PURCHASE AGREEMENT BY AND AMONG EBIX, INC. as Buyer JOSEPH OTT as Seller AND ACCLAMATION SYSTEMS, INC. as the Company DATED JULY 31, 2008Stock Purchase Agreement • August 5th, 2008 • Ebix Inc • Services-computer integrated systems design • Pennsylvania
This STOCK PURCHASE AGREEMENT (this “Agreement”) is made as of July 31, 2008, by and among EBIX, INC., a Delaware corporation (the “Buyer” or “Buyer”); ACCLAMATION SYSTEMS, INC., a Pennsylvania corporation (the “Company”); and Joseph Ott as the sole shareholder of the Company hereunder (the “Seller”). Buyer, the Company and the Seller are sometimes collectively referred to herein as the “Parties” and each individually as a “Party.” Unless otherwise defined herein, certain terms used in this Agreement with initial capital letters are defined in Appendix A.
