Asset Acquisition Agreement Dated August 19, 2011 For the Acquisition of Substantially all of the Assets of CORPORATE SECURITY SOLUTIONS, INC. D/B/A NEXUS TECHNOLOGIES GROUP by HALIFAX SECURITY, INC. D/B/A NORTH AMERICAN VIDEOAsset Acquisition Agreement • August 24th, 2011 • Homeland Security Capital CORP • General bldg contractors - residential bldgs • Delaware
Background: Seller is in the business of designing, developing and installing integrated security solutions for the corporate and government security markets, including providing related integration technology, engineering and CAD, project management, support and related services (the “Seller Business”). Nexus owns 100% of the issued and outstanding capital stock of Seller and Homeland owns 83% of the issued and outstanding capital stock of Nexus on a fully-diluted basis. The parties desire that Seller sells and Buyer buys all of the Seller Business and substantially all of the related assets, all on the terms and subject to the conditions set forth in this Asset Acquisition Agreement (the “Agreement”).
