Preview | Asset Purchase Agreement |

TABLE OF CONTENTS

			Page

Article I PURCHASE AND SALE OF ASSETS
	1.1.	Assets to be Transferred
	1.2.	Excluded Assets	3

Article II ASSUMPTION OF LIABILITIES			3
	2.1.	Liabilities to be Assumed	3
	2.2.	Excluded Liabilities	4

Article III PURCHASE PRICE - PAYMENT			5
	3.1.	Purchase Price	5
	3.2.	Payment of Purchase Price	5
	3.3.	Prorations	7
	3.4.	Other Payments and Adjustments	8
	3.5.	Allocation of Purchase Price	8

Article IV CLOSING			8
	4.1.	Closing	8
	4.2.	Documents to be Delivered by Company and Shareholder	8
	4.3.	Documents to be Delivered by Buyer	9

Article V REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND SHAREHOLDER			10
	5.1.	Corporate	10
	5.2.	Authority	11
	5.3.	No Violation	11
	5.4.	Financial Statements	11
	5.5.	Tax Matters	12
	5.6.	Accounts	13
	5.7.	Absence of Certain Changes	13
	5.8.	Absence of Undisclosed Liabilities	14
	5.9.	No Litigation	14
	5.10.	Compliance With Laws and Orders	15
	5.11.	Title to and Condition of Properties	16
	5.12.	Insurance	17
	5.13.	Contracts and Commitments	17
	5.14.	Labor Matters	19
	5.15.	Employee Benefit Plans	19
	5.16.	Employment Compensation	20
	5.17.	Intellectual Property	20
	5.18.	Major Customers	20
	5.19.	Affiliates Relationships to Company	21

	5.20.	Shareholder List	21
	5.21.	Assets Necessary to Business	21
	5.22.	Internal Controls	21
	5.23.	Bank Accounts	21
	5.24.	No Brokers or Finders	21
	5.25.	Representations with respect to the Acquired Shares	22
	5.26.	Disclosure.	22

Article VI REPRESENTATIONS AND WARRANTIES OF BUYER			23
	6.1.	Corporate	23
	6.2.	Authority	23
	6.3.	Capitalization	23
	6.4.	SEC Reports and Financial Statements	24
	6.5.	No Brokers or Finders	25
	6.6.	Disclosure	25

Article VII EMPLOYEES - EMPLOYEE BENEFITS			25
	7.1.	Millennix Employees	25
	7.2.	Retained Responsibilities	26
	7.3.	Payroll Tax	26
	7.4.	Employment with Buyer	26
	7.5.	No Third-Party Rights	26
	7.6.	Buyer Stock Options	26

Article VIII OTHER MATTERS			27
	8.1.	Confidential Information	27
	8.2.	Bulk Sales Compliance	27

Article IX FURTHER COVENANTS OF COMPANY AND SHAREHOLDER			27
	9.1.	Advisory Board	27
	9.2.	Further Assurances	28
	9.3.	Lock-Up Agreement.	28

Article X [Intentionally Omitted.]			28

Article XI [Intentionally Omitted.]			28

Article XII INDEMNIFICATION			28
	12.1.	By Company and Shareholder	28
	12.2.	Indemnification of Third-Party Claims	29
	12.3.	Payment	30
	12.4.	Limitations on Indemnification	30
	12.5.	No Waiver	31

Article XIII [Intentionally OMITTED]			31

Article XIV MISCELLANEOUS			31
	14.1.	Certain Definitions; Rules of Construction	31
	14.2.	Disclosure Schedules	33
	14.3.	Disclosures and Announcements	33
	14.4.	Assignment; Parties in Interest	33
	14.5.	Equitable Relief	33
	14.6.	Law Governing Agreement	34
	14.7.	Amendment and Modification	34
	14.8.	Notice	34
	14.9.	Expenses	35
	14.10.	Attorneys Fees	35
	14.11.	Entire Agreement; Enforceability	35
	14.12.	Severability	35
	14.13.	Counterparts	36
	14.14.	Headings	36