LIMITED PARTNERSHIP AGREEMENT OF MXL LEASING, LP A Pennsylvania Limited PartnershipLimited Partnership Agreement • June 23rd, 2008 • National Patent Development Corp • Miscellaneous manufacturing industries • Pennsylvania
THIS LIMITED PARTNERSHIP AGREEMENT is made as of June 16, 2008, by and between MXL GP, LLC, a Pennsylvania limited liability company, as the general partner and the undersigned Limited Partners. The General Partner and each Limited Partner are sometimes referred to hereinafter individually as a “Partner” and collectively as the “Partners.”
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • June 23rd, 2008 • National Patent Development Corp • Miscellaneous manufacturing industries • Pennsylvania
This Asset Purchase Agreement (the “Agreement”) is entered into on June 19, 2008 to be effective as of the opening of business on June 16, 2008, by and among MXL Operations, Inc, a Pennsylvania corporation (“Operations”), MXL Leasing, LP, a Pennsylvania limited partnership (“Leasing) and MXL Realty, LP, a Pennsylvania limited partnership (“Realty”) (Operations, Leasing and Realty are collectively referred to herein as the “Buyer”), MXL Industries, Inc., a Delaware corporation (“Seller”) and National Patent Development Corporation, a Delaware corporation (“Parent”). Buyer, Seller and Parent are referred to collectively herein as the “Parties” and sometimes individually as a “Party”.
PUT AND CALL OPTION AGREEMENTPut and Call Option Agreement • June 23rd, 2008 • National Patent Development Corp • Miscellaneous manufacturing industries • Pennsylvania
THIS PUT AND CALL OPTION AGREEMENT is made as of June 16, 2008 by and between MXL OPERATIONS, INC., a Pennsylvania corporation, MXL REALTY LP, a Pennsylvania limited partnership, MXL LEASING LP, a Pennsylvania limited partnership (jointly and severally the “Buyer Entities”) and MXL INDUSTRIES, INC., a Delaware corporation (the “Interest Holder”).
STOCKHOLDERS AGREEMENTStockholders Agreement • June 23rd, 2008 • National Patent Development Corp • Miscellaneous manufacturing industries • Pennsylvania
THIS STOCKHOLDERS AGREEMENT (the “Agreement”) is made and entered into as of June 16, 2008 by and among MXL Operations, Inc., a Pennsylvania corporation (the “Company”), MXL Industries, Inc., a Delaware corporation (“Stockholder A”) and Matthew B. Bess, Sean R. Bitts, James A. Eberle, Lawrence R. Swonger, and Finley Holdings, LLC (the “Other Company Stockholders”).
