AGREEMENT OF PURCHASE AND SALE OF ASSETS from DAW TECHNOLOGIES INC filed with the Securities and Exchange Commission. Salt Lake City, UT 84111.With a copy provided to: Attn: (d). Asset sales are types of business transaction where buyers purchase assets from a business, and the sellers retain legal ownership of the company. THIS AGREEMENT FOR PURCHASE AND SALE AND TRANSFER OF OPERATIONS (this. A Sale of Business Assets Agreement is a contract that covers the sale and purchase of tangible and intangible assets of a business.