DEALERSHIP ASSET PURCHASE AGREEMENTDealership Asset Purchase Agreement • September 3rd, 2020 • LMP Automotive Holdings, Inc. • Retail-auto dealers & gasoline stations • Florida
This DEALERSHIP ASSET PURCHASE AGREEMENT (this “Agreement”) is effective as of the date Anthony J. Gargano, P.A. (“Escrow Agent”) executes the escrow receipt on the last page hereto (the “Effective Date”), and is among LMP Automotive Holdings, Inc., a Delaware corporation or its assigns (“Buyer”), William B. Fuccillo, Sr., an individual (collectively, “Principal”), and Fuccillo Affiliates of Florida, Inc. and Fuccillo Associates of Florida, Inc., Florida corporations (each, a “Seller” and collectively, “Sellers”; and Sellers together with Buyer and Principal, each a “Party” and, collectively, the “Parties”).
