MEMBERSHIP INTEREST PURCHASE AGREEMENT BY AND AMONG HICKORY TECH CORPORATION, NORTH DAKOTA TELECOM I, LLC, AND SOUTHEAST RURAL VISION ENTERPRISES, CO. FOR THE ACQUISITION OF IDEAONE TELECOM GROUP, LLCMembership Interest Purchase Agreement • December 6th, 2011 • Hickory Tech Corp • Telephone communications (no radiotelephone) • North Dakota
This Membership Interest Purchase Agreement (“Agreement”), effective as of December 5, 2011, is by and among Hickory Tech Corporation, a Minnesota corporation, or a wholly owned subsidiary of Hickory Tech Corporation formed for the purpose of completing the transactions contemplated by this Agreement (collectively, “Purchaser”), North Dakota Telecom I, LLC, a North Dakota limited liability company, and Southeast Rural Vision Enterprises, Co., a North Dakota corporation (each a “Seller” and collectively, the “Sellers”). Certain capitalized terms used herein have the meanings ascribed to such terms in Article X.
