ASSET PURCHASE AGREEMENTAsset Purchase Agreement • December 3rd, 2018 • EXP World Holdings, Inc. • Real estate agents & managers (for others) • Delaware
Contract Type FiledDecember 3rd, 2018 Company Industry JurisdictionThis Asset Purchase Agreement dated November 29, 2018 (this “Agreement”), is by and among (i) VirBELA LLC, a California limited liability company (“Seller”), (ii) Alex Howland, an individual and principal owner of Seller (“Howland”), (iii) Erik Hill, an individual and principal owner of Seller (“Hill”), (iv) Ronald S. Rembisz, an individual and principal owner of Seller (“Rembisz”), (v) Sheldon Brown, an individual and principal owner of Seller (“Brown”), (vi) Eric Bunyan, an individual and principal owner of Seller (“Bunyan”), (vii) Eric Roth, an individual and principal owner of Seller (“Roth”), and (viii) Charles Clark Jordan, an individual and principal owner of Seller, (“Jordan” and, together with Howland, Hill, Rembisz, Brown, Bunyan, and Roth “Seller Equityholders”), and (ix) eXp World Technologies, LLC, a Delaware limited liability company (“Buyer”) and (x) solely for purposes of Sections 1.4.2, 1.4.4, 2.2.2.2 and 2.3 eXp World Holdings, Inc., a Delaware corporation and holder