PURCHASE AGREEMENTPurchase Agreement • January 7th, 2011 • RadNet, Inc. • Services-medical laboratories • Delaware
This Purchase Agreement ("Agreement") is entered into as of the 7th day of September, 2010, by and between NEW JERSEY IMAGING PARTNERS, INC., a New Jersey corporation ("Buyer") and PROGRESSIVE MEDICAL IMAGING OF RUTHERFORD, LLC, a New Jersey limited liability company ("Seller'"), with reference to the following facts:
MEMBERSHIP INTERESTS PURCHASE AGREEMENT DATED AS OF SEPTEMBER 7, 2010 BY AND AMONG NEW JERSEY IMAGING PARTNERS, INC., RADNET, INC., PROGRESSIVE HEALTH, LLC, STELLAR HEALTH, LLC, MEDCON CONSULTANTS, INC., ROBERT L. FARRELL AND WILLIAM D. FARRELLMembership Interests Purchase Agreement • January 7th, 2011 • RadNet, Inc. • Services-medical laboratories • Delaware
This MEMBERSHIP INTERESTS PURCHASE AGREEMENT (this "Agreement"), dated as of September 7, 2010, is by and among NEW JERSEY IMAGING PARTNERS, INC. ("Buyer"), a New Jersey corporation, RADNET, INC., a Delaware corporation, PROGRESSIVE HEALTH, LLC ("Progressive"), a New Jersey limited liability company, STELLAR HEALTH, LLC ("Stellar"), a New Jersey limited liability company, MEDCON CONSULTANTS, INC. ("Medcon"), a New Jersey corporation, ROBERT L. FARRELL ("RF"), an individual residing at 11 Heritage Road, Old Tappan, New Jersey 07675, and WILLIAM D. FARRELL ("WF"), an individual residing at 14 Bluefield Avenue, Harrington Park, New Jersey 07640. Terms used herein shall have the meanings set forth in Appendix A attached hereto.
