ASSET PURCHASE AGREEMENT Between: INVESTCO, a British Virgin Islands corporation; and KRANEM CORPORATION, a Colorado corporation Dated as of June 30, 2011 ____________________________Asset Purchase Agreement • July 7th, 2011 • Kranem Corp • Retail-catalog & mail-order houses • California
Contract Type FiledJuly 7th, 2011 Company Industry JurisdictionTHIS ASSET PURCHASE AGREEMENT is entered into as of June 30, 2011 (the “Effective Date”), by and between Investco, a British Virgin Islands corporation (the “Seller”) and Kranem Corporation, a company incorporated under the laws of the State of Colorado (the “Purchaser”). The Seller and the Purchaser are hereinafter referred to collectively as the “Parties” and individually as a “Party.” Certain capitalized terms used in this Agreement are defined in Exhibit A.