DEALERSHIP ASSET CONTRIBUTION AGREEMENT (Maserati & Alfa Romeo of St. Petersburg)Dealership Asset Contribution Agreement • September 14th, 2021 • LMP Automotive Holdings, Inc. • Retail-auto dealers & gasoline stations • Florida
This DEALERSHIP ASSET CONTRIBUTION AGREEMENT (this “Agreement”) is effective as of the date First American Title (“Escrow Agent”) executes the escrow receipt on the last page hereto (the “Effective Date”), and is among LMP Automotive Holdings, Inc., a Delaware corporation or its assigns (“LMP”), Pinellas Park Luxury Imports, LLC, a Florida limited liability company (“NewCo”), Alan J. Wildstein, a Florida resident (“Principal”), and Tampa Bay Luxury Imports, LLC, a Florida limited liability company (“Contributor”; and together with LMP, NewCo and Principal, each a “Party” and, collectively, the “Parties”).
DEALERSHIP ASSET CONTRIBUTION AGREEMENT (Alan Jay Ford Lincoln of Sebring & Alan Jay Ford of Wauchula)Dealership Asset Contribution Agreement • September 14th, 2021 • LMP Automotive Holdings, Inc. • Retail-auto dealers & gasoline stations • Florida
This DEALERSHIP ASSET CONTRIBUTION AGREEMENT (this “Agreement”) is effective as of the date First American Title (“Escrow Agent”) executes the escrow receipt on the last page hereto (the “Effective Date”), and is among LMP Automotive Holdings, Inc., a Delaware corporation or its assigns (“LMP”), Sebring FRD, LLC and Wauchula FRD, LLC, Florida limited liability companies (collectively, “NewCos”), Alan J. Wildstein, a Florida resident (“Principal”), and Alan Jay Ford Lincoln Mercury, Inc. (“Sebring”), and Alan Jay Ford of Wauchula, Inc. (“Wauchula”), Florida corporations owned and controlled by Principal (Sebring and Wauchula are each a “Contributor” and collectively, “Contributors”; and together with LMP, NewCos and Principal, each a “Party” and, collectively, the “Parties”).
