Membership Interest Purchase Agreement dated as of January 7, 2010 by and among I.D. Systems, Inc., General Electric Capital Corporation and GE Asset Intelligence, LLCMembership Interest Purchase Agreement • January 13th, 2010 • Id Systems Inc • Communications equipment, nec • New York
Contract Type FiledJanuary 13th, 2010 Company Industry JurisdictionThis MEMBERSHIP INTEREST PURCHASE AGREEMENT, dated as of January 7, 2010 (this “Agreement”), is by and among I.D. SYSTEMS, INC., a Delaware corporation (the “Purchaser”), GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (“GECC”), and GE ASSET INTELLIGENCE, LLC, a Delaware limited liability company and a wholly owned subsidiary of GECC (“GEAI”). The Purchaser, GECC and GEAI are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”