ACQUISITION AGREEMENT by and among Private Media Group, Inc., a Nevada corporation, -and- 2220445 Ontario Inc., a corporation organized under the laws of the Province of Ontario, -and- Entruphema Inc., a corporation organized under the laws of the...Acquisition Agreement • October 16th, 2009 • Private Media Group Inc • Periodicals: publishing or publishing & printing • Ontario
THIS ACQUISITION AGREEMENT (“Agreement”) is made and entered into as of October 9, 2009, by and among PRIVATE MEDIA GROUP, INC., a Nevada corporation (“Private” or “Buyer”), 2220445 ONTARIO INC., a corporation organized under the laws of the Province of Ontario (“Sub”), ENTRUPHEMA INC., a corporation organized under the laws of the Province of Ontario (the “Company”), 2062249 ONTARIO INC., a corporation organized under the laws of the Province of Ontario (“Holdco”), ERIC JOHNSON, ERIK SCHANNEN and MICHEL LOZIER (each of Messrs. Johnson, Schannen and Lozier sometimes individually referred to as a “Seller” and together, the “Sellers”) and Eric Johnson in his capacity as Sellers Representative. Buyer, Sub, the Company, Holdco and each of the Sellers are sometimes referred to individually as a “Party” and collectively as the “Parties”.
