ASSET PURCHASE AGREEMENT by and among ICN Acquisition, LLC as Buyer, iControl Networks, Inc., as Seller, the Seller Stockholders, Fortis Advisors LLC, solely in its capacity as the Seller Stockholder Representative, and solely for purposes of Section...Asset Purchase Agreement • June 23rd, 2016 • Alarm.com Holdings, Inc. • Services-prepackaged software • Delaware
THIS ASSET PURCHASE AGREEMENT (this “Agreement”) is entered into as of June 23, 2016 by and among ICN Acquisition, LLC, a Delaware limited liability company (“Buyer”), iControl Networks, Inc., a Delaware corporation (“Seller”), the equityholders of Seller who have executed valid Support Agreements (each, a “Seller Stockholder” and collectively, the “Seller Stockholders”), Fortis Advisors LLC, a Delaware limited liability company, solely in its capacity as the representative for the stockholders of Seller (the “Seller Stockholder Representative”), and solely for purposes of Section 5.19 and Section 10.15, Alarm.com Holdings, Inc., a Delaware corporation (“Guarantor”). Buyer, the Seller Stockholders, Seller and, solely in its capacity as the representative for the stockholders of Seller and solely to the extent applicable, the Seller Stockholder Representative, are referred to individually as a “Party” and collectively herein as the “Parties.”
