ASSET PURCHASE AGREEMENT BETWEEN DVARAKA MARKETING, LLC, a California Limited Liability Company AS BUYER AND DIGITAL SOLUTIONS, INC A California corporation, And Bitzio, Inc., AS SELLERS DATED AS OF August 31, 2012Asset Purchase Agreement • September 18th, 2012 • Bitzio, Inc. • Services-prepackaged software • California
THIS ASSET PURCHASE AGREEMENT (the “Agreement”) is made as of August 31, 2012, by and between Dvaraka Marketing, LLC, a California limited liability company (“Buyer”), and Digital Solutions, Inc. (“Company”), a California limited liability company, and its parent Bitzio, Inc., a Delaware corporation (collectively the “Seller”).
COMPROMISE AND SETTLEMENT AGREEMENT AND GENERAL RELEASESettlement Agreement • September 18th, 2012 • Bitzio, Inc. • Services-prepackaged software • California
This Settlement Agreement (“Agreement”) is made by and between Bitzio, Inc., a Delaware corporation (“Bitzio”) and Dvaraka Marketing, LLC, a California limited liability company (“Dvaraka”) and Amish Shah, an individual residing in California (“Shah”). Shah and Dvaraka are herein after referred to jointly as “the Shah Parties.” This Agreement is effective as of this 15th day of August, 2012 (“Settlement Effective Date”). Bitzio and the Shah Parties are sometimes referred to collectively herein as the “Parties” and/or individually as a “Party.”
AGREEMENTAgreement • September 18th, 2012 • Bitzio, Inc. • Services-prepackaged software • California
DVARAKA MARKETING, LLC, a limited liability company formed under the laws of the State of California, with a principal place of business at 8605 Santa Monica Blvd., Suite 57149, Los Angeles CA 90069 ( “Dvaraka”)
SECURITY AGREEMENTSecurity Agreement • September 18th, 2012 • Bitzio, Inc. • Services-prepackaged software • California
This Security Agreement (as amended, modified or otherwise supplemented from time to time, this “Security Agreement”), dated as of September 6, 2012, is executed by Bitzio, Inc., a Nevada corporation (the “Company”), in favor of Collateral Agent (as herein defined) on behalf of the purchasers executing this Security Agreement (“Purchasers”).
Note Purchase AgreementNote Purchase Agreement • September 18th, 2012 • Bitzio, Inc. • Services-prepackaged software • California
This Note Purchase Agreement (the “Agreement”) is made as of September 6, 2012 (the “Effective Date”) by and among Bitzio, Inc., a Nevada corporation (the “Company”) and the purchasers executing a signature page attached hereto (individually, a “Purchaser” and collectively, the “Purchasers”).
