ASSET PURCHASE AGREEMENT by and among: CRITICAL PATH, INC. a California corporation; GIGANEWS, INC. a Texas corporation; and SPN ACQUISITION, INC. a Texas corporation Dated as of February 29, 2008Asset Purchase Agreement • March 6th, 2008 • Critical Path Inc • Services-business services, nec • Texas
Contract Type FiledMarch 6th, 2008 Company Industry JurisdictionTHIS ASSET PURCHASE AGREEMENT (this “Agreement”) is entered into as of February 29, 2008, by and between Critical Path, Inc., a California corporation (“Seller”), on the one hand, and SPN Acquisition, Inc., a Texas corporation (“SPN Acquisition”), and GigaNews, Inc., a Texas corporation (“GigaNews”), on the other. Each of SPN Acquisition and GigaNews are referred to herein as a “Purchaser” and, together, as the “Purchasers”). Capitalized terms used in this Agreement are defined in Exhibit A.