ASSET PURCHASE AGREEMENT dated as of May 20, 2011 by and among 3 POINT, INC. as Seller, MR. GEORDIE SZE as Stockholder, and NG WASHINGTON III, LLC as PurchaserAsset Purchase Agreement • May 23rd, 2011 • Nevada Gold & Casinos Inc • Services-miscellaneous amusement & recreation • Washington
This ASSET PURCHASE AGREEMENT dated as of May 20, 2011 is made and entered into by and among 3 POINT, INC., a Washington corporation having an address at 21917 Highway 99, Mountlake Terrace, Washington 98043 (“Seller”), GEORDIE SZE, an individual having an address at 167 Prospect Street, Seattle, Washington 98109-3749 (the “Stockholder”), NG WASHINGTON III, LLC, a Washington limited liability company having an address at 50 Briar Hollow Lane, Suite 500W, Houston, Texas 77027 (“Purchaser”) and, solely for purposes of Sections 1.03(d) and 3.09, NEVADA GOLD & CASINOS, INC., a Nevada corporation having an address at 50 Briar Hollow Lane, Suite 500W, Houston, Texas 77027 (“Nevada Gold”). Capitalized terms not otherwise defined herein have the meanings set forth in Exhibit A.
