0000097052-08-000009 Sample Contracts

ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • March 31st, 2008 • Teltronics Inc • Telephone & telegraph apparatus • Florida

THIS ASSET PURCHASE AGREEMENT (this “Agreement”), made this 19th day of December 2007, is by and among Buck Young, LLC, a Delaware limited liability company with its principal place of business located at 1940 Northgate Boulevard, Suite B, Sarasota, Florida 34234 (“Buck Young”); FMG Ventures, LLC, a Florida limited liability company doing business as Access Communications with its principal place of business located at 1940 Northgate Boulevard, Suite B, Sarasota, Florida 34234 (“Access”); JC Ventures, LLC, a Florida limited liability company doing business as Collier Business Systems with its principal place of business located at 1940 Northgate Boulevard, Suite B, Sarasota, Florida 34234 (“Collier”) (Access and Collier collectively referred to as “Sellers”); John Mitchell, an individual residing at 10019 Laurel Valley Ave Cir., Bradenton, Florida 34202 (“JM”); Chris R. Fickey, an individual residing at 9007 60th Avenue E., Bradenton, Florida 34202 (“CF”); and Teltronics Direct, Inc.,

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Teltronics Limited - and - Duncan Anderson EMPLOYMENT AGREEMENT
Employment Agreement • March 31st, 2008 • Teltronics Inc • Telephone & telegraph apparatus • England

The Company appoints the Employee and the Employee agrees to serve the Company as in the position of Managing Director on and subject to the terms and conditions specified herein (the “Employment”).

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