ASSET PURCHASE AGREEMENT by and between LOCAL CORPORATION and MEDIA.NET ADVERTISING FZ-LLC Dated as of December 1, 2015Asset Purchase Agreement • December 3rd, 2015 • LOCAL Corp • Services-business services, nec • Delaware
THIS ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of December 1, 2015, is made by and between Local Corporation, a Delaware corporation (“Seller”), and Media.Net Advertising FZ-LLC, a limited liability company organized in the Dubai Internet City Free Zone of the United Arab Emirates (“Buyer”). Seller and Buyer are each referred to herein as a “Party” and collectively, as the “Parties”.
