ASSET PURCHASE AGREEMENT BETWEEN PRO-DEX ASTROMEC, INC. ("PURCHASER") AND ASTROMEC, INC. ("SELLER") AND Malcolm D. Glover, Jr., AND M.D. Glover, Inc. (collectively, the "Seller Shareholders") DATED January 5, 2006Asset Purchase Agreement • January 6th, 2006 • Pro Dex Inc • Surgical & medical instruments & apparatus • California
THIS ASSET PURCHASE AGREEMENT (the "Agreement") is entered into as of January 5, 2006, between Pro-Dex Astromec, Inc., a Nevada corporation with offices located at 151 East Columbine Avenue, Santa Ana, California 92707 ("Purchaser"), Astromec, a Nevada corporation with offices located at 2950 Arrowhead Drive, Carson City, Nevada 89706 ("Seller"), and Malcolm D. Glover, Jr., an individual, and M.D. Glover, Inc., a Nevada corporation (collectively, the "Seller Shareholders").
PURCHASE AND SALE AGREEMENT AND ESCROW INSTRUCTIONS By and Between and PRO-DEX, INC., a Colorado corporation, as Buyer. Dated for Reference Purposes As Of January 3, 2006 Property Located At:Purchase and Sale Agreement and Escrow Instructions • January 6th, 2006 • Pro Dex Inc • Surgical & medical instruments & apparatus • Nevada
This PURCHASE AND SALE AGREEMENT AND ESCROW INSTRUCTIONS (this "Agreement") is dated for reference purposes only as of January 3, 2006, and is made to be effective as of the Effective Date (as hereafter defined), by and between M. D. GLOVER, INC., a Nevada corporation ("Seller"), and PRO-DEX, INC., a Colorado corporation ("Buyer").
WELLS FARGO LOAN AGREEMENTWells Fargo Loan Agreement • January 6th, 2006 • Pro Dex Inc • Surgical & medical instruments & apparatus • California
This Loan Agreement (this "Agreement") is entered into by and between Pro-Dex, Inc. ("Borrower") and WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") and sets forth the terms and conditions which govern all Borrower's commercial credit accommodations from Bank, whether now existing or hereafter granted (each, a "Credit" and collectively, "Credits"), which terms and conditions are in addition to those set forth in any other contract, instrument or document (collectively with this Agreement, the "Loan Documents') required by this Agreement or heretofore or at any time hereafter delivered to Bank in connection with any Credit.
