ASSET PURCHASE AGREEMENT between NSENA INC. and WRAP REALITY, INC. dated as of December 14, 2020Asset Purchase Agreement • December 16th, 2020 • Wrap Technologies, Inc. • Ordnance & accessories, (no vehicles/guided missiles) • Delaware
This Asset Purchase Agreement (this “Agreement”) dated as of December 14, 2020 (the “Closing Date”) is entered into between NSENA Inc., a Delaware corporation (“Seller”), and Wrap Reality, Inc. an Arizona corporation (“Buyer”), and Ethan Moeller, the majority stockholder of Seller (the “Seller Stockholder”) (each of Seller, Buyer and the Seller Stockholder are a “Party” and collectively, the “Parties”). Capitalized terms used in this Agreement have the meanings given to such terms in Exhibit A.
AT-WILL EMPLOYMENT, CONFIDENTIAL INFORMATION, NON-COMPETE/ NON-SOLICITATION, INVENTION ASSIGNMENT, AND ARBITRATION AGREEMENTAnd Arbitration Agreement • December 16th, 2020 • Wrap Technologies, Inc. • Ordnance & accessories, (no vehicles/guided missiles) • Arizona
In consideration of your employment with Wrap Technologies, Inc. (the "Company"), as well as the additional consideration described in Section 7.E herein, ___________ (the “Employee”) and the Company agree to the following provisions of this At-Will Employment, Confidential Information, Non-Compete/Non-Solicitation, Invention Assignment, and Arbitration Agreement (this "Agreement"):
