Wisconsin Sample Asset Purchase Agreement between Warner Power, LLC, Warner Power Conversion, LLC, WPI Power Systems, Inc., WPI Electronics, Inc. and WPI Group, Inc.

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Asset Purchase Agr. btwn Warner Power, LLC, Warner Power Conversion, LLC, WPI Power Systems, Inc., WPI Electronics, Inc. and WPI Group, Inc. dated Dec. 22, 1999. 42 pages

Wisconsin Sample Asset Purchase Agreement between Warner Power, LLC, Warner Power Conversion, LLC, WEI Power Systems, Inc., WEI Electronics, Inc. and WEI Group, Inc. This Wisconsin Sample Asset Purchase Agreement outlines the terms and conditions of the asset purchase between Warner Power, LLC, Warner Power Conversion, LLC, WEI Power Systems, Inc., WEI Electronics, Inc. and WEI Group, Inc. The agreement pertains to the acquisition of specific assets by the buyer from the seller, including but not limited to: 1. Intellectual Property Rights: This agreement recognizes and transfers all intellectual property rights, patents, trademarks, copyrights, trade secrets, and other proprietary information related to the assets being acquired. 2. Tangible Assets: The purchase includes tangible assets such as machinery, equipment, inventory, furniture, fixtures, and any other assets specified in a detailed inventory list. 3. Real Estate: If applicable, the agreement can address the transfer of any real estate or leases associated with the assets being acquired. 4. Contracts and Agreements: This agreement covers the assumption or assignment of contracts, licenses, permits, customer agreements, supply agreements, or any other binding agreements related to the assets. 5. Liabilities and Obligations: The agreement specifies the assumption or release of liabilities and obligations, including customer deposits, warranties, outstanding loans, accrued expenses, and other financial commitments related to the assets purchased. 6. Employee Matters: The agreement may address the treatment of employees, including their transfer, benefits, compensation, and any related employment agreements. 7. Purchase Price and Payment: The agreement defines the purchase price for the assets and sets forth the payment terms, including any installment payments, escrow arrangements, or adjustments based on the closing statement. It's important to note that there can be different types of Wisconsin Sample Asset Purchase Agreements between Warner Power, LLC, Warner Power Conversion, LLC, WEI Power Systems, Inc., WEI Electronics, Inc. and WEI Group, Inc., depending on the specific assets being purchased or the negotiated terms and conditions. These agreements may be tailored to suit the unique requirements and circumstances of the parties involved.

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Wisconsin Sample Asset Purchase Agreement between Warner Power, LLC, Warner Power Conversion, LLC, WPI Power Systems, Inc., WPI Electronics, Inc. and WPI Group, Inc.