ASSET PURCHASE AGREEMENT among SEMICAB, INC., SEMICAB HOLDINGS, LLC, and THE SINGING MACHINE COMPANY, INC. dated as of June 11, 2024 ASSET PURCHASE AGREEMENTAsset Purchase Agreement • June 12th, 2024 • Singing Machine Co Inc • Phonograph records & prerecorded audio tapes & disks • New York
This Asset Purchase Agreement (this “Agreement”), dated as of June 11, 2024, is entered into between SemiCab, Inc., a Delaware corporation, ( the “Seller”), The Singing Machine Company, Inc., a Delaware corporation and its wholly owned subsidiary, SemiCab Holdings, LLC, a Nevada limited liability company (collectively the “Buyer”).
Certain identified information has been excluded from the exhibit because it is both (i) not material and (ii) is the information that the Company customarily keeps private and confidential. Omissions are designated as “****”. OPERATING AGREEMENTOperating Agreement • June 12th, 2024 • Singing Machine Co Inc • Phonograph records & prerecorded audio tapes & disks • Nevada
This Operating Agreement of SemiCab Holdings, LLC, a Nevada limited liability company (the “Company”), is entered into as of June ____, 2024 by and among the Company, The Singing Machine Company, Inc., a Delaware corporation (the “Majority Member”), and SemiCab, Inc., a Delaware corporation (the “Initial Minority Member”).
