0001144204-09-037511 Sample Contracts

MEMBERSHIP INTEREST PURCHASE AGREEMENT By and Among SpongeTech Delivery Systems, Inc. as Purchaser, and Dicon Technologies, LLC, and Wayne M. Celia Sam Ginsberg Clyde Williams Roy Geronemus John Scheib as Seller(s) Dated as of July 9, 2009
Membership Interest Purchase Agreement • July 15th, 2009 • Spongetech Delivery Systems Inc • Soap, detergents, cleang preparations, perfumes, cosmetics • New York

THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT, dated as of July 9, 2009 by and among SPONGETECH DELIVERY SYSTEMS, INC., a Delaware corporation, having its principal office at 43 West 33rd Street, Suite 600, New York, New York 10001 (the "Purchaser"), DICON TECHNOLOGIES, LLC, a New Jersey limited liability company having its principal office at 100 Dicon Drive, Black Creek, Georgia 31308 (the “Company”), and WAYNE M. CELIA (“Celia”), having an address at 242 Purdue Court, Paramus, NJ 07652, SAM GINSBERG (“Ginsberg”) having an address at 6 Woodsford Bend, Briarcliff Manor, NY 10510, CLYDE WILLIAMS (“Williams”) having an address at 4726 36th Street N.W., Washington, DC 20008, ROY GERONEMUS (“Geronemus”) having an address at 1725 York Avenue, New York, NY 10128, and JOHN SCHEIB (“Scheib”) having an address at 3024 Waters Road, Amsterdam, NY 12010, (Celia, Ginsberg, Williams, Geronemus and Scheib are collectively referred to herein as the “Sellers”).

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