ASSET PURCHASE AGREEMENT Dated as of February 28, 2006 Among E&M ADVERTISING INC., E&M ADVERTISING WEST/CAMELOT MEDIA, INC., and NEXTREFLEX, INC., as Sellers and IMPART MEDIA ADVERTISING, INC., as BuyerAsset Purchase Agreement • March 6th, 2006 • Impart Media Group Inc • Services-management services • New York
This ASSET PURCHASE AGREEMENT, dated as of February 28, 2006, is by and among E&M ADVERTISING INC., a New York corporation (“E&M”), E&M ADVERTISING WEST/CAMELOT MEDIA, INC., a New York corporation (“Camelot”), and NEXTREFLEX, INC., a New York corporation (“Nextreflex”) and, collectively with E&M, Camelot and Nextreflex, the “Sellers”) and each individually a “Seller”, IMPART MEDIA ADVERTISING, INC., a Nevada corporation (the “Buyer”), and, solely with respect to Section 2.4, Articles IV and IX, Impart Media Group, Inc., a Nevada corporation and the parent entity of Buyer (“IMG”).
EMPLOYMENT AGREEMENT IMPART MEDIA GROUP, INC.Employment Agreement • March 6th, 2006 • Impart Media Group Inc • Services-management services • New York
This Employment Agreement (this “Agreement”) is entered into as of February 28, 2006 (the “Commencement Date”) by and between Michael Medico, an individual residing at 2 Castle Harbor Road, Huntington Bay, New York 11743 (the “Employee”), and IMPART Media Group, Inc., a corporation organized under the laws of the State of Nevada with offices at 1300 N. Northlake Way, Seattle, Washington 98103 (the “Company”).
