MEMBERSHIP INTEREST PURCHASE AND SALE AGREEMENTMembership Interest Purchase and Sale Agreement • March 30th, 2012 • Fusion Telecommunications International Inc • Telephone communications (no radiotelephone) • New York
THIS MEMBERSHIP INTEREST PURCHASE AND SALE AGREEMENT (the "Agreement") is made as of this 30th day of January 2012 (the "Effective Date") by and among Fusion Telecommunications International, Inc. ("Fusion"), a corporation organized under the laws of the State of Delaware; NBS Acquisition Corp. ("Newco" and together with Fusion sometimes collectively hereinafter referred to as "Purchasers"), a corporation to be fanned under the laws of the State of Delaware as a wholly-owned subsidiary of Fusion; Network Billing Systems, LLC ("NBS" or the company"), a limited liability company organized under the laws of the State of New Jersey; Jonathan Kaufman ("Kaufman"), a resident of the State of New Jersey; and Christiana Trust as trustee of the LK Trust ("LK"), a Delaware Trust. Fusion, Newco, NBS. Kaufman and LK are sometimes hereinafter referred to individually as a "Party" or collectively as the "Parties."
ASSET PURCHASE AND SALE AGREEMENTAsset Purchase Agreement • March 30th, 2012 • Fusion Telecommunications International Inc • Telephone communications (no radiotelephone) • New York
THIS ASSET PURCHASE AND SALE AGREEMENT (the "Agreement) is made as of this 30th day of January 2012 (the "Effective Date) by and among Fusion Telecommunications International, Inc. ("Fusion"}, a corporation organized under the laws of the State of Delaware; NBS Acquisition Corp. ("Newco" and together with Fusion sometimes collectively hereinafter referred to as "Purchasers"), a corporation to be formed under the laws of the State of Delaware as a wholly-owned subsidiary of Fusion; Interconnect Systems Group II LLC ( "ISG" or the company"), a limited liability company organized under the laws of the State of New Jersey; Jonathan Kaufman ("Kaufman"), a resident of the State of New Jersey; lisa Kaufman as trustee of the JK Trust JK Trust"), a New Jersey Trust and Jonathan Kaufman as trustee of the LKII Trust ("LKII Trusn a New Jersey Trust. Fusion, Newco, ISG, Kaufman and LK are sometimes hereinafter referred to individually as a "Party" or collectively as the "Parties:
