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:

Citadel Security Software Inc.; Mcafee, Inc.; Bank of America, NA

Date:

2006

Size:

227KB total

Price:

$46

ID:

#2545131

 

 

► Purchase & Sale ► Purchase ► Asset Purchase Agreements
► Financial ► Money Center Banks

 

 

Start of Preview


ASSET PURCHASE AGREEMENT

By and Among

MCAFEE, INC.

MCAFEE SECURITY, LLC,

CITADEL SECURITY SOFTWARE INC.,

CITADEL SECURITY SOFTWARE INTERNATIONAL, LLC,

CANBERRA OPERATING, L.P. and

CANBERRA, LLC

Dated as of October 2, 2006




TABLE OF CONTENTS

 

 

 

Page

 

 

 

 

 

ARTICLE I

 

Purchase of Assets

 

2

1.1

 

Purchase of Assets

 

2

1.2

 

Excluded Assets

 

3

1.3

 

Assumed Liabilities

 

4

1.4

 

Excluded Liabilities

 

5

1.5

 

Consideration.

 

6

1.6

 

Closing

 

9

1.7

 

Closing Deliveries

 

9

1.8

 

Further Assurances

 

10

1.9

 

Allocation of Purchase Price

 

10

 

 

 

 

 

ARTICLE II

 

Representations and Warranties of the Sellers

 

11

2.1

 

Organization

 

11

2.2

 

Authority.

 

12

2.3

 

Title to Assets.

 

12

2.4

 

No Violation

 

13

2.5

 

Governmental Consents

 

13

2.6

 

SEC Filings; Seller Financial Statements.

 

14

2.7

 

Business Changes

 

15

2.8

 

Taxes.

 

16

2.9

 

Litigation.

 

18

2.10

 

Compliance with Laws

 

18

2.11

 

Permits

 

18

2.12

 

Employee Matters.

 

18

2.13

 

Employee Benefit Plans; Change of Control Benefits.

 

20

2.14

 

Business Contracts.

 

21

2.15

 

Customers.

 

23

2.16

 

Intellectual Property Rights.

 

24

2.17

 

Environmental Matters.

 

26

2.18

 

Competing Interests

 

27

2.19

 

Illegal Payments or Activities

 

28

2.20

 

No Misrepresentations

 

28

2.21

 

Sufficiency of Consideration

 

28

2.22

 

No Involuntary Liquidation, Insolvency, Winding-Up.

 

28

2.23

 

Disclosure

 

29

2.24

 

Bulk Transfer Laws

 

29

2.25

 

Product Warranties

 

29

2.26

 

Various Agreements

 

30

2.27

 

Settlement Agreements

 

30

2.28

 

Insurance Coverage

 

30

 

i




 

2.29

 

Backlog

 

30

2.30

 

Privacy of Customer Information

 

30

2.31

 

Distributors and Partners.

 

31

2.32

 

Suppliers

 

31

2.33

 

Fairness Opinion Provider

 

31

2.34

 

Broker Fees

 

31

2.35

 

[Intentionally Omitted]

 

31

2.36

 

Internal Controls

 

31

2.37

 

Export Control Laws

 

32

2.38

 

[Intentionally Omitted]

 

32

2.39

 

Ordinary Course of Business

 

32

2.40

 

Remaining Proceeds

 

32

2.41

 

2006 Reorganization

 

32

 

 

 

 

 

ARTICLE III

 

Representations and Warranties of Buyer

 

33

3.1

 

Organization

 

33

3.2

 

Authority

 

33

3.3

 

No Violation

 

33

3.4

 

Governmental Consents

 

33

3.5

 

Disclosure

 

33

3.6

 

Financing

 

34

3.7

 

Certain Proceedings

 

34

3.8

 

Brokers Fees

 

34

 

 

 

 

 

ARTICLE IV

 

Covenants and Agreements

 

34

4.1

 

Conduct of Business

 

34

4.2

 

Access and Information

 

37

4.3

 

Supplemental Disclosure

 

38

4.4

 

Regulatory Filings; Reasonable Efforts.

 

38

4.5

 

Publicity

 

40

4.6

 

Transaction Costs

 

40

4.7

 

No-Shop Provisions.

 

40

4.8

 

Nondisclosure

 

43

4.9

 

Employee Matters.

 

43

4.10

 

Tax Information

 

45