ASSET PURCHASE AGREEMENT AMONG ASURE PAYROLL TAX MANAGEMENT LLC PAYROLL TAX MANAGEMENT, INC., FINANCIAL BUSINESS GROUP HOLDINGS, AND ALDEN J. BLOWERS DATED JULY 7, 2020, BUT EFFECTIVE AS OF JULY 1, 2020Asset Purchase Agreement • July 13th, 2020 • Asure Software Inc • Services-computer integrated systems design • Delaware
THIS ASSET PURCHASE AGREEMENT (this “Agreement”), dated July 7, 2020 (the “Closing Date”), but effective as of July 1, 2020 (the “Effective Date”), is entered into by and among ASURE PAYROLL TAX MANAGEMENT, LLC, a Delaware limited liability company (“Buyer”), PAYROLL TAX MANAGEMENT, INC., a California corporation (“Seller”) and FINANCIAL BUSINESS GROUP HOLDINGS, a California corporation (“FBGH”) and ALDEN J. BLOWERS a California resident (“Blowers”). Seller, FBGH and Blowers are further referred to in this Agreement collectively as the “FBGH Parties” and individually as a “FBGH Party.”
