ASSET PURCHASE AGREEMENTAsset Purchase Agreement • January 29th, 2007 • Stonepath Group Inc • Arrangement of transportation of freight & cargo • Minnesota
THIS ASSET PURCHASE AGREEMENT is entered into as of the 23rd day of January, 2007 among Logistics International, LLC, a Minnesota limited liability company (“Buyer”), M.G.R., Inc., a Minnesota corporation (“M.G.R.”), Contract Air, Inc., a Minnesota corporation (“CA”) Stonepath Logistics Domestic Services, Inc., a Delaware corporation (“Logistics”), and Stonepath Group, Inc., a Delaware corporation (“Stonepath”) (together, the “Sellers”). The Sellers collectively do business under the “Stonepath Logistics” name.
