SUPPORT AGREEMENTSupport Agreement • May 25th, 2023 • Insignia Systems Inc/Mn • Services-advertising
THIS SUPPORT AGREEMENT, dated as of May [●], 2023 (this “Agreement”), by and between TIMIBO LLC, a Minnesota limited liability company (“Buyer”), and the individual or entity whose signature appears on the signature page hereto (“Equityholder”). Capitalized terms used herein but not defined in this Agreement shall have the meanings ascribed to them in the Purchase Agreement (as defined below).
ASSET PURCHASE AGREEMENT between INSIGNIA SYSTEMS, INC. and TIMIBO LLC Dated as of May 24, 2023Asset Purchase Agreement • May 25th, 2023 • Insignia Systems Inc/Mn • Services-advertising • Minnesota
This Asset Purchase Agreement (this “Agreement”), dated as of May 24, 2023, is entered into between Insignia Systems, Inc., a Minnesota corporation (“Seller”), and TIMIBO LLC, a Minnesota limited liability company (“Buyer”).
ContractInsignia Systems Inc/Mn • May 25th, 2023 • Services-advertising
Insignia Systems, Inc. (“Insignia”) has agreed to sell certain of Insignia’s assets to Park Printing (“Park”) (the “Transaction”) pursuant to an Asset Purchase Agreement that has been entered into by and between Insignia and Park (the “Purchase Agreement”). Subject to the consummation of the Transaction (the “Closing”), your employment with Insignia will end effective as of the date immediately prior to the date of the Closing (the “Closing Date”). Insignia and Park currently anticipate the Closing Date will occur on or around July-August 2023.
