0001144204-14-020411 Sample Contracts

ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • April 3rd, 2014 • WPCS International Inc • Communications services, nec • Washington

This ASSET PURCHASE AGREEMENT (the “Agreement”), entered into this 31st day of March, 2014, is by and among EC Company, an Oregon corporation with a principal place of business at 2121 NW Thurman Street, Portland, Oregon 97210 (“Purchaser”), WPCS INTERNATIONAL – SEATTLE, inc., a Washington corporation with a principal place of business at 15241 NE 90th Street, Redmond, Washington 98052 (“WPCS-Seattle”), and WPCS INTERNATIONAL INCORPORATED (“WPCS”), a Delaware corporation with a principal place of business at One East Uwchlan Avenue, Suite 301, Exton, Pennsylvania 19341 (WPCS-Seattle and WPCS are collectively referred to as the “Sellers” and each individually as a “Seller”).

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