ASSET PURCHASE AGREEMENTAsset Purchase Agreement • December 28th, 2007 • Salary. Com, Inc. • Services-prepackaged software • Massachusetts
This Asset Purchase Agreement (the “Agreement”) is entered into as of December 21, 2007 (“Effective Date”) by and among Salary.com, Inc., a Delaware corporation (“Buyer”), Stephen C. Schoonover (“Dr. Schoonover” or “Principal”), Schoonover Associates, Inc., a Massachusetts corporation (the “Company”), and Helen Schoonover. Dr. Schoonover and the Company are referred to collectively herein as “Sellers,” and Dr. Schoonover and Helen Schoonover are referred to collectively herein as the “Shareholders.” Buyer, the Company and the Shareholders are referred to collectively herein as the “Parties” and each a “Party”.
