0001213900-21-038709 Sample Contracts

DEALERSHIP ASSET PURCHASE AGREEMENT
Dealership 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 Young Amercia Abstract LLC (“Escrow Agent”) executes the escrow receipt on the last page hereto (the “Effective Date”), and is among LMP Clifton 001 Holdings, LLC, a Delaware limited liability company or its assigns (“Buyer”), James M. Zappone, a resident of New York (collectively, “Principal”), and Zappone Chrysler Jeep Dodge, Inc., a New York corporation (“Seller”; and together with Buyer and Principal, each a “Party” and, collectively, the “Parties”).

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