DEALERSHIP ASSET PURCHASE AGREEMENTDealership Asset Purchase Agreement • July 26th, 2021 • LMP Automotive Holdings, Inc. • Retail-auto dealers & gasoline stations
This DEALERSHIP ASSET PURCHASE AGREEMENT (this “Agreement”) is effective as of the date First American Title Insurance Company (“Escrow Agent”) executes the escrow receipt on the last page hereto (the “Effective Date”), and is by and among LMP Automotive Holdings, Inc., a Delaware corporation or its permitted assign (“Buyer”), Joseph Klimas, Jr., a Connecticut resident (“Principal”), and K&W Enterprises LLC, a Connecticut limited liability company (“Seller”; and together with Buyer and Principal, each a “Party” and, collectively, the “Parties”).
