ASSET PURCHASE AGREEMENTAsset Purchase Agreement • January 7th, 2005 • Speedemissions Inc • Services-automotive repair, services & parking • Georgia
This ASSET PURCHASE AGREEMENT (the "Agreement") is made and entered into as of 12:01 a.m. on December 30, 2004 (the "Effective Time"), by and between SPEEDEMISSIONS, INC., a Georgia corporation maintaining an address at 1029 Peachtree Parkway North, Suite 310, Peachtree City, Georgia 30269 (the "Purchaser"),and State Inspection of Texas, Inc. (“the Seller”) a company organized and existing under the laws of the State of Texas, maintaining business offices, at 5433 Westheimer Road, Houston, Texas, ("Seller") and Debra Price(the "Shareholder") (hereinafter the Seller and the Shareholder are sometimes referred to, individually as a "Seller Party" and collectively as the "Seller Parties").
