Common Contracts

ASSET PURCHASE AGREEMENT

Asset Purchase Agreement • May 8th, 2008 • New York

• Contract Type
  Asset Purchase Agreement
• Filed
  May 8th, 2008
• Jurisdiction
  New York

THIS ASSET PURCHASE AGREEMENT (together with the Schedules, Exhibits and Annexes hereto, collectively referred to as the “Agreement”) is made as of May 1, 2008 by and between debtors and debtors-in-possession OTC International, Ltd. (“OTC”) (the “Seller”), and Dialuck Corporation (“Dialuck”) on behalf of a designated entity (“Designee”), which Designee will be an existing affiliate of Dialuck or another entity which Dialuck will cause to be formed to purchase the Transferred Assets and assume the Assumed Liabilities (Dialuck and Designee are collectively, “Buyer”).