ASSET PURCHASE AGREEMENTAsset Purchase Agreement • July 31st, 2018 • AgEagle Aerial Systems Inc. • Aircraft • New York
This ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of July 25, 2018, is entered into by and among (i) AGEAGLE AERIAL SYSTEMS INC., a Nevada corporation (“Parent”), (ii) EAGLE AERIAL SYSTEMS, INC., a Nevada corporation and wholly-owned subsidiary of Parent (“Purchaser”), (iii) AGRIBOTIX, LLC, a Colorado limited liability company (the “Seller”), (iv) the individuals listed on the signature page hereof (each a “Unitholder” and collectively, the “Unitholders”), and (v) Paul Hoff, in his capacity as the representative of the Seller Investor Parties (as defined below) (the “Representative”). Parent, Purchaser, Seller, each of the Unitholders and the Representative are each referred to herein as a “Party” and collectively as the “Parties.”
