Liquidity Services Inc Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • February 2nd, 2023 • Liquidity Services Inc • Services-business services, nec • Delaware

This Indemnification Agreement (this “Agreement”) is made as of the date of signature of the last party to sign by and between Liquidity Services, Inc., a Delaware corporation (the “Company”), and ____________ (the “Indemnitee”).

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LIMITED WAIVER OF BASE SALARY AGREEMENT
Limited Waiver of Base Salary Agreement • May 7th, 2020 • Liquidity Services Inc • Services-business services, nec • Maryland

This Limited Waiver of Base Salary Agreement (this “Agreement”) is entered into as of this 25th day of March 2020 by and between Liquidity Services, Inc. (the “Corporation”), and the undersigned executive officer of the Corporation (the “Executive”).

LIQUIDITY SERVICES, INC. Shares of Common Stock UNDERWRITING AGREEMENT
Liquidity Services Inc • February 21st, 2006 • Services-business services, nec • New York

FRIEDMAN, BILLINGS, RAMSEY & CO., INC. RBC CAPITAL MARKETS CORPORATION as Representatives of the several Underwriters c/o Friedman, Billings, Ramsey & Co., Inc. 1001 19th Street North Arlington, Virginia 22209

LIQUIDITY SERVICES, INC. EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • December 8th, 2020 • Liquidity Services Inc • Services-business services, nec • Maryland

THIS EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is entered into as of October 1, 2020 (the “Effective Date”), by and between Liquidity Services, Inc., a Delaware corporation (“LSI” or the “Company”), and Novelette Murray (the “Executive”).

AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • February 2nd, 2023 • Liquidity Services Inc • Services-business services, nec • Delaware

THIS AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is entered into as of the date of signature of the last party to sign (the “Effective Date”), by and between Liquidity Services, Inc., a Delaware corporation (the “Company”), and _____________ (the “Executive”). Terms used herein with initial capitalization are defined in Section 11 (Definitions) below.

LIQUIDITY SERVICES, INC. EXECUTIVE EMPLOYMENT AGREEMENT
Employment Agreement • February 1st, 2006 • Liquidity Services Inc • Services-business services, nec • District of Columbia

THIS EXECUTIVE EMPLOYMENT AGREEMENT ("Agreement") is entered into as of November 11, 2005 with an effective date of November 11, 2005 (the "Effective Date"), by and between Liquidity Services, Inc., a Delaware corporation ("LSI" or the "Company"), and James E. Williams (the "Executive").

GUARANTY OF PAYMENT AGREEMENT
Guaranty of Payment Agreement • May 6th, 2010 • Liquidity Services Inc • Services-business services, nec

THIS GUARANTY OF PAYMENT AGREEMENT (this “Agreement”) is made this 30th day of April, 2010, by SURPLUS ACQUISITION VENTURE, LLC, a limited liability company organized under the laws of the State of Delaware (the “Guarantor”), for the benefit of BANK OF AMERICA, N.A., a national banking association, its successors and assigns (the “Lender”).

SECURITY AGREEMENT
Security Agreement • May 6th, 2010 • Liquidity Services Inc • Services-business services, nec

THIS SECURITY AGREEMENT (the “Agreement”) is made this 30th day of April, 2010, by GOVDEALS, INC., a corporation organized under the laws of the State of Delaware (the “Debtor”), for the benefit of BANK OF AMERICA, N.A., a national banking association, its successors and assigns (the “Lender”).

CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • February 2nd, 2023 • Liquidity Services Inc • Services-business services, nec • Delaware

This Change in Control Agreement (“Agreement”), dated as of the date of signature of the last party to sign, by and between Liquidity Services, Inc., a Delaware corporation (the “Company”), and _______________ (the “Employee”).

LIQUIDITY SERVICES, INC. EXECUTIVE EMPLOYMENT AGREEMENT
Employment Agreement • February 1st, 2006 • Liquidity Services Inc • Services-business services, nec • District of Columbia

THIS EXECUTIVE EMPLOYMENT AGREEMENT ("Agreement") is entered into as of September 2, 2004 with an effective date of January 1, 2004 (the "Effective Date"), by and between Liquidity Services, Inc., a Delaware corporation (the "Company"), and Jaime Mateus-Tique (the "Executive").

LIQUIDITY SERVICES, INC. EXECUTIVE EMPLOYMENT AGREEMENT
Liquidity Services • February 4th, 2013 • Liquidity Services Inc • Services-business services, nec • District of Columbia

THIS EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is entered into as of January 2, 2013, with an effective date of February 4, 2013 (the “Effective Date”), by and between Liquidity Services, Inc., a Delaware corporation (“LSI” or the “Company”), and Leoncio Casusol (the “Executive”).

GOVERNMENT LIQUIDATION.COM, LLC EXECUTIVE EMPLOYMENT AGREEMENT
Employment Agreement • February 1st, 2006 • Liquidity Services Inc • Services-business services, nec • Arizona

THIS EXECUTIVE EMPLOYMENT AGREEMENT ("Agreement") is entered into as of May 15, 2001 and shall become effective June 15, 2001 (the "Effective Date"), by and between Government Liquidation.com, LLC, a Delaware limited liability company (the "Company"), and Benjamin R. Brown (the "Executive"). This Agreement supersedes and replaces any prior employment agreement among Executive and Liquidation.com, Inc. Executive hereby releases Liquidation.com, Inc. from any severance obligations arising from any prior employment agreement.

LIQUIDITY SERVICES, INC. EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • January 16th, 2007 • Liquidity Services Inc • Services-business services, nec • District of Columbia

THIS EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is entered into as of September 2, 2004 with an effective date of January 1, 2004 (the “Effective Date”), as amended January 9, 2007, by and between Liquidity Services, Inc., a Delaware corporation (the “Company”), and William P. Angrick, III (the “Executive”).

STANDARD FORM INDUSTRIAL BUILDING LEASE (MULTI-TENANT)
Liquidity Services Inc • December 22nd, 2006 • Services-business services, nec
LEASE
Lease • December 22nd, 2006 • Liquidity Services Inc • Services-business services, nec

THIS LEASE, made and entered into this 8th day of June, 2006 by and between Le Baron Investments and Southern Textile Recycling, Inc. hereinafter respectively referred to as Landlord and Tenant, without regard to number or gender.

SHAREHOLDERS’ AGREEMENT dated as of September 1, 2011 among LIQUIDITY SERVICES, INC., JACOBS TRADING, LLC, WGD, INC. and CERTAIN INDIVIDUALS AS SET FORTH HEREIN
Shareholders’ Agreement • September 1st, 2011 • Liquidity Services Inc • Services-business services, nec • New York

AGREEMENT dated as of September 1, 2011 among Liquidity Services, Inc., a Delaware corporation (“Parent”), Jacobs Trading, LLC, a Minnesota limited liability company (“Seller”), WGD, Inc., a Minnesota corporation (“WGD”), and Irwin L. Jacobs and Howard Grodnick, each an individual (each of Irwin L. Jacobs and Howard Grodnick, a “Principal Holder”) (Seller, WGD, each Principal Holder, and each other Person that becomes a party to this Agreement in accordance with ‎Article 3, collectively, the “Shareholder Parties” and, individually, a “Shareholder Party”).

LIQUIDITY SERVICES, INC. EXECUTIVE EMPLOYMENT AGREEMENT
Liquidity Services • July 23rd, 2015 • Liquidity Services Inc • Services-business services, nec • District of Columbia

THIS EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is entered into as of July 20, 2015, with an effective date of July 20, 2015 (the “Effective Date”), by and between Liquidity Services, Inc., a Delaware corporation (“LSI” or the “Company”), and Jorge A. Celaya (the “Executive”).

FIRST LEASE MODIFICATION AGREEMENT
First Lease Modification Agreement • December 22nd, 2006 • Liquidity Services Inc • Services-business services, nec

THIS FIRST LEASE MODIFICATION AGREEMENT, made and entered into this day of , 2006, by and between FIRST INDUSTRIAL TEXAS LP, a Delaware limited partnership (hereinafter called “Landlord”), and Liquidity Services, Inc., a Delaware corporation (hereinafter called “Tenant”).

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • October 6th, 2015 • Liquidity Services Inc • Services-business services, nec • Delaware

This Purchase and Sale Agreement (this “Agreement”), dated as of September 22, 2015, is entered into by and between JACOBS TRADING, LLC, a Delaware limited liability company (“Seller”), and TANAGER ACQUISITIONS, LLC, a Minnesota limited liability company (“Buyer”).

LIQUIDITY SERVICES, INC. EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • February 29th, 2012 • Liquidity Services Inc • Services-business services, nec • District of Columbia

THIS EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”), with an effective date of February 23, 2012 (the “Effective Date”), is by and between Liquidity Services, Inc., a Delaware corporation (“LSI” or the “Company”), and James M. Rallo (the “Executive”).

EXTENSION OF LIMITED WAIVER OF BASE SALARY AGREEMENT
Base Salary Agreement • May 7th, 2020 • Liquidity Services Inc • Services-business services, nec • Maryland

This Extension of Limited Waiver of Base Salary Agreement (this “Agreement”) is entered into as of this 5th day of May 2020 by and between Liquidity Services, Inc. (the “Corporation”), and the undersigned executive officer of the Corporation (the “Executive”).

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ASSET PURCHASE AGREEMENT among LSI LIQUIDITY SERVICES CANADA LTD., as Purchaser 683949 ONTARIO LIMITED, as Seller DOMINIC RENDA HOLDINGS INCORPORATED and CHIKU HOLDINGS LTD., as the Shareholders and DOMINIC RENDA and PANKAJ DAVE, as the Company...
Asset Purchase Agreement • November 29th, 2012 • Liquidity Services Inc • Services-business services, nec • Ontario

This ASSET PURCHASE AGREEMENT (the “Agreement”), dated as of 1 November 2012 (the “Closing Date”), is entered into by and among LSI LIQUIDITY SERVICES CANADA LTD., a British Columbia corporation (the “Purchaser”); 683949 ONTARIO LIMITED, an Ontario corporation doing business as National Electronic Service Association (the “Company”); DOMINIC RENDA HOLDINGS INCORPORATED, an Ontario corporation and CHIKU HOLDINGS LTD., an Ontario corporation, each of which is a shareholder of the Company (each, a “Shareholder” and collectively, the “Shareholders”); Dominic Renda and Pankaj Dave, each of which is a shareholder the Shareholders (each, a “Company Shareholder Party” and collectively the “Company Shareholder Parties”). The Purchaser, the Company, the Shareholders and the Company Shareholder Parties are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • October 6th, 2015 • Liquidity Services Inc • Services-business services, nec

THIS FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT (the “Amendment”) is entered into effective as of September 30, 2015 by and between Jacobs Trading, LLC, a Delaware limited liability company (the “Seller”), and Tanager Acquisitions, LLC, a Minnesota limited liability company (the “Buyer”).

March 2, 2018 Dear Roger,
Liquidity Services Inc • May 3rd, 2018 • Services-business services, nec
LEASE AGREEMENT
Lease Agreement • December 22nd, 2006 • Liquidity Services Inc • Services-business services, nec

THIS LEASE AGREEMENT is made this day of August 2005, between ProLogis Development Services Incorporated (“Landlord”), and the Tenant named below.

THIRD AMENDMENT TO FINANCING AND SECURITY AGREEMENT
Financing and Security Agreement • March 11th, 2014 • Liquidity Services Inc • Services-business services, nec • New York

THIS THIRD AMENDMENT TO FINANCING AND SECURITY AGREEMENT (this “Amendment”) is made as of the 11th day of March, 2014 (the “Effective Date”), by and between LIQUIDITY SERVICES, INC., a corporation organized under the laws of the State of Delaware (“Borrower”) and BANK OF AMERICA, N.A., a national banking association, its successors and assigns (“Lender”).

SECURITY AGREEMENT
Security Agreement • February 21st, 2008 • Liquidity Services Inc • Services-business services, nec • Virginia

THIS AGREEMENT, made this 7th day of June, 2005, by and between LIQUIDITY SERVICES, INC., a Delaware corporation with principal business office located at 2131 K Street, N.W., Washington, D.C. 20003 (hereinafter called the “Debtor”) and UNITED BANK (hereinafter called the “Bank”).

SALE OF GOVERNMENT PROPERTY AMENDMENT OF INVITATION FOR BIDS/MODIFICATION OF CONTRACT
Liquidity Services Inc • February 5th, 2009 • Services-business services, nec

DEFENSE REUTILIZATION AND MARKETING SERVICE INTERNATIONAL SALES OFFICE, ATTN:DRMS-J362 74 N WASHINGTON STREET BATTLE CREEK MI 49017-3092 DEFENSE REUTILIZATION AND MARKETING SERVICE INTERNATIONAL SALES OFFICE, ATTN:DRMS.J362 74 N WASHINGTON STREET BATTLE CREEK MI 49017-3092

SALE OF GOVERNMENT PROPERTY AMENDMENT OF INVITATION FOR BIDS/MODIFICATION OF CONTRACT
Supplemental Agreement • September 13th, 2006 • Liquidity Services Inc • Services-business services, nec
LOAN AGREEMENT
Loan Agreement • December 7th, 2007 • Liquidity Services Inc • Services-business services, nec • Virginia

THIS AGREEMENT, made this 7th day of June, 2005 by and among LIQUIDITY SERVICES, INC., a Delaware corporation (hereinafter referred to as the "Borrower"); SURPLUS ACQUISITION VENTURE, LLC, Delaware limited liability company (hereinafter referred to as the "Guarantor"); and UNITED BANK (hereinafter referred to as "Bank").

LIQUIDITY SERVICES EXECUTIVE EMPLOYMENT AGREEMENT
Services Executive Employment Agreement • December 7th, 2007 • Liquidity Services Inc • Services-business services, nec • District of Columbia

THIS EXECUTIVE EMPLOYMENT AGREEMENT ("Agreement") is entered into as of October 2, 2007 with an effective date of October 15, 2007 (the "Effective Date"), by and between Liquidity Services, Inc., a Delaware corporation ("LSI" or the "Company"), and Eric C. Dean (the "Executive").

SECOND AMENDMENT TO FINANCING AND SECURITY AGREEMENT
Financing and Security Agreement • March 16th, 2012 • Liquidity Services Inc • Services-business services, nec • New York

THIS SECOND AMENDMENT TO FINANCING AND SECURITY AGREEMENT (this “Amendment”) is made as of the 13th day of March, 2012 (the “Effective Date”), by and between LIQUIDITY SERVICES, INC., a corporation organized under the laws of the State of Delaware (“Borrower”) and BANK OF AMERICA, N.A., a national banking association, its successors and assigns (“Lender”).

SALE OF GOVERNMENT PROPERTY AMENDMENT OF INVITATION FOR BIDS/MODIFICATION OF CONTRACT
Liquidity Services Inc • January 21st, 2014 • Services-business services, nec
FIRST AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • April 4th, 2023 • Liquidity Services Inc • Services-business services, nec

THIS AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) dated March 31, 2023, is entered into by and between LIQUIDITY SERVICES, INC., a Delaware corporation (“Borrower”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Bank”).

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