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Asset Purchase Agreement

 

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Title:

Asset Purchase Agreement

Entities:

Concrete Casting Inc.

Date:

2003

Size:

Preview shows 2KB of 13KB total

Price:

$36

ID:

#101644

 

 

► Purchase & Sale ► Purchase ► Asset Purchase Agreements

 

 

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ASSET PURCHASE AGREEMENT


This agreement (the "Agreement") is entered into this 30th day of November,
2001, by and between Cordell Henrie, doing business as, Concrete Casting, a sole
proprietorship (sometimes referred to hereinafter as the "Seller") and Staco
Incorporated, a Nevada corporation (sometimes referred to hereinafter as the
"Purchaser").

Witnesseth:
-----------

WHEREAS, Seller has developed a method for the four side release casting of
concrete which allows for the creation of intricate detail in the concrete
medium;

WHEREAS, Seller has developed plans for using his casting methods to produce
concrete replicas of Egyptian and other antiquities for use in modern
landscaping;

WHEREAS, Purchaser wishes to acquire, and Seller is willing to sell, certain
assets of Seller, all in accordance with the terms and conditions of this
Agreement;

NOW, THEREFORE, in consideration of the mutual terms and covenants set forth
herein, the Seller and Purchaser approve and adopt this Agreement and mutually
covenant and agree with each other as follows:

1. Sale of Assets.

1.1 Seller hereby sells and Purchaser hereby purchases the following
assets:

* All art, drawings, plans and concepts developed by Seller with
respect to the design of replicas of antiquities to be cast in
concrete and marketed to the U.S. landscaping market;

 

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