ASSET PURCHASE AGREEMENT by and among MCKAY ROOFING COMPANY, INC. as Seller SOLAR INTEGRATED ROOFING CORP. as Parent and SOLAR ACQUISITIONS I, INC. as Buyer and TOD MCKAY, BRAD MCKAY AND SCOTT MCKAY as Shareholders September 10, 2019Asset Purchase Agreement • October 3rd, 2019 • Solar Integrated Roofing Corp. • Construction - special trade contractors • California
THIS ASSET PURCHASE AGREEMENT (this “Agreement”) is dated as of September 10, 2019, by and among MCKAY ROOFING COMPANY, INC., a California corporation (“Seller”), SOLAR INTEGRATED ROOFING CORP., a Nevada corporation (“Parent”), SOLAR ACQUISITIONS I, INC., a Nevada corporation and wholly-owned subsidiary of Parent (“Buyer”), and TOD MCKAY, BRAD MCKAY AND SCOTT MCKAY, the shareholders who collectively own all of the issued and outstanding stock of Seller (each, a “Shareholder” and, collectively, the “Shareholders”). Buyer, Seller and Shareholders are sometimes each referred to separately as a “Party” and collectively herein as the “Parties.”
SECURITY AGREEMENTSecurity Agreement • October 3rd, 2019 • Solar Integrated Roofing Corp. • Construction - special trade contractors • California
THIS SECURITY AGREEMENT (this "Agreement") is made as of this 10th day of September, 2019 by and between Solar Integrated Roofing Corp. and Solar Acquisitions I, Inc., Nevada Corporations (hereinafter referred to as “Debtors") and McKay Roofing Company, Inc., a California Corporation ("Secured Party "), or its subsequently designated name changed corporation, and/or Tod McKay, Brad McKay, and Scott McKay, collectively, with reference to the following facts:
