CONFIDENTIALConfidential • January 10th, 2012 • WebXU, Inc. • Services-management consulting services • California
The purpose of this letter (this “Letter Agreement”) is to set forth our preliminary understanding with respect to the terms and conditions of a proposed acquisition (the “Acquisition”) by Webxu, Inc. (“Webxu”) of Threadpoint, LLC and its affiliated company Managed Media Group, LLC (collectively referred to as, the “Company”, and insofar as their operations are concerned, collectively the “Business”).The Company is at times referred to individually as a “Seller Party” and collectively as the “Seller Parties.” The Seller Party and Webxu are at times referred to collectively as the “Parties” or individually as a “Party.” Capitalized terms not defined herein shall have the meanings assigned to such terms in the term sheet attached hereto as Exhibit A (the “Term Sheet”).
