MEMBERSHIP INTEREST PURCHASE AGREEMENT BY AND AMONG i3-BEARCAT, LLC AS BUYER i3 VERTICALS, LLC NTD HOLDINGS, INC. AND GH HOLDCO, INC. AS SELLERS AND DAVID GRAVES AND TORY HUMPHRIES AS OWNERS CLOSING DATE: April 3, 2019 EFFECTIVE TIME: 12:01 a.m....Membership Interest Purchase Agreement • April 8th, 2019 • I3 Verticals, Inc. • Services-business services, nec • Delaware
THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “Agreement”) is dated as of April 3, 2019, and is effective as of April 1, 2019 at 12:01 a.m. Nashville, Tennessee time (the “Effective Time”) by and among (i) i3-Bearcat, LLC, a Delaware limited liability company (“Buyer”), (ii) i3 Verticals, LLC, a Delaware limited liability company (“i3 LLC”), (iii) NTD Holdings, Inc., a Texas corporation (“NTD Holdings”), and GH Holdco, Inc., a Texas corporation (“GH Holdco”, and together with NTD Holdings, “Sellers”, and each a “Seller”), and (iv) David Graves, a resident of the State of Texas (“Graves”), and Tory Humphries, a resident of the State of Texas (“Humphries”, and together with Graves, “Owners”, and each an “Owner”). Collectively, Sellers, Owners and Buyer are referred to in this Agreement as the “Parties”.
