ASSET PURCHASE AGREEMENT Among PCTEL, Inc. And NEXGEN WIRELESS, INC. BHUMIKA THAKKAR 2012 IRREVOCABLE TRUST NUMBER ONE BHUMIKA THAKKAR 2012 IRREVOCABLE TRUST NUMBER TWO JIGAR THAKKAR BHUMIKA THAKKAR PCTEL CONFIDENTIAL and PROPRIETARY INFORMATIONAsset Purchase Agreement • March 5th, 2015 • Pc Tel Inc • Radio & tv broadcasting & communications equipment • Illinois
THIS ASSET PURCHASE AGREEMENT (the “Agreement”) is entered into as of February 27, 2015 (the “Effective Date”), by and among PCTEL, Inc., a Delaware corporation (“Buyer”); Nexgen Wireless, Inc., an Illinois corporation (“Seller”); Bhumika Thakkar 2012 Irrevocable Trust Number One, Bhumika Thakkar 2012 Irrevocable Trust Number Two, and Jigar Thakkar (collectively, the “Shareholders”), and Bhumika Thakkar (collectively with Seller and Shareholders, “the Seller Parties”). Buyer, Seller and the Seller Parties are referred to collectively as the “Parties” and individually as a “Party.”
