Home

Intelligence

Services

Subscriptions

News

About Us

Sign In

 

Document Preview

Asset Purchase Agreement

 

Click "Add to Cart" button to purchase document. 
Documents are emailed immediately after purchase. 
You can also browse documents by
title, category, or company... or click here for help finding documents.

 

Title:

Asset Purchase Agreement

Entities:

John Wiley & Sons, Inc.; Morgan, Lewis & Bockius; Smith, Gambrell & Russell; Pearson Education, Inc.; Adam.Com, Inc.; adam inc

Date:

2001

Size:

Preview shows 4KB of 95KB total

Price:

$62

ID:

#124425

 

 

► Purchase & Sale ► Purchase ► Asset Purchase Agreements
► Services ► Printing & Publishing
► Services ► Legal

 

 

Start of Preview




ASSET PURCHASE AGREEMENT

DATED AS OF JUNE 22, 2001

BETWEEN

PEARSON EDUCATION, INC.

AND

ADAM.COM, INC.







{PAGE}


Exhibit A - Form of Bill of Sale and General Assignment

Exhibit B - Form of Copyright Assignment

Exhibit C - Form of Amended and Restated Development Agreement


ANNEX

Annex I - Permitted Products

Annex II - Co-Developed Products

Annex III - Terms and Conditions of Distribution of Inventory

Annex IV - Additional Terms and Conditions of Content License

Annex V - Images Products

{PAGE}

ASSET PURCHASE AGREEMENT


ASSET PURCHASE AGREEMENT dated as of June 22, 2001 (this "AGREEMENT")
between Pearson Education, Inc., a Delaware corporation (the "PURCHASER"), and
adam.com, Inc., a Georgia corporation (f/k/a A.D.A.M. Software, Inc.) (the
"SELLER").

RECITALS

WHEREAS, the Seller and Benjamin/Cummings, Purchaser's
predecessor-in-interest, entered into the Development Agreement, which provided
for, among other things, the joint development by Purchaser and Seller of
certain "Co-Developed Products" (as that term is defined in the Development
Agreement).

WHEREAS, the Purchaser desires to purchase from the Seller and the
Seller desires to sell to the Purchaser all of Seller's rights, title and
interest in and to the Co-Developed Products and certain related assets, all
upon the terms and conditions set forth in this Agreement.

NOW, THEREFORE, in consideration of the representations, warranties and
covenants herein contained and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows:

ARTICLE I
CERTAIN DEFINITIONS

1.1 CERTAIN DEFINITIONS.

(a) The following terms, when used in this Agreement, shall have the
respective meanings ascribed to them below:

"ACTION" means any claim, action, suit, inquiry, hearing, investigation
or other proceeding.

"AFFILIATE" means, with respect to a Person, any other Person that,
directly or indirectly, through one or more intermediaries, Controls, is
controlled by or is under common Control with, such Person. For purposes of this
definition, "CONTROL" (including, with correlative meanings, the terms
"Controlled by" and "under common Control with") means the possession, directly
or indirectly, of the power to direct or cause the direction of the management
or policies of a Person, whether through the ownership of stock, as trustee or
executor, by Contract or credit arrangement or otherwise.

"AGREEMENT" has the meaning set forth in the preamble hereto.

"AMENDED AND RESTATED DEVELOPMENT AGREEMENT" has the meaning set forth

 

End of Preview

 

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC