ASSET PURCHASE AGREEMENT AMONG iQ DIGITAL STUDIOS, LLC, WHITE HAT VENTURES, LLC AND VARSITY GROUP, INC. DATED AS OF MAY 1 , 2006 ASSET PURCHASE AGREEMENTAsset Purchase Agreement • May 5th, 2006 • Varsity Group Inc • Retail-catalog & mail-order houses • Ohio
This ASSET PURCHASE AGREEMENT (the "Agreement") is executed as of May 1, 2006, by and among iQ Digital Studios, LLC, a Nevada limited liability company ("Seller"), White Hat Ventures, LLC, a Nevada limited liability company, as guarantor of obligations of Seller under this Agreement ("Guarantor"), and Varsity Group, Inc., a Delaware corporation ("Buyer") (collectively, the "Parties").
