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Louisiana Amended Asset Purchase Agreement between Xerox Corp. and Tektronix, Inc. with Respect to Its Color Printing / Imaging Products Division - Sample

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Multi-State
Control #:
US-EG-9177
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Amended Asset Purch. Agr. btwn Xerox Corp. and Tektronix, Inc. with respect to assets of its color printing/imaging products division dated September 22, 1999. 116 pages Louisiana Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample This Louisiana Amended Asset Purchase Agreement refers to the specific agreement between Xerox Corporation (hereinafter referred to as "Xerox") and Tectonic, Inc. (hereinafter referred to as "Tectonic"), pertaining to the acquisition of Tectonic's Color Printing/Imaging Products Division. This agreement includes the terms and conditions that will govern the transaction and ensure a smooth transfer of assets. The primary objective of this agreement is to outline the rights, obligations, and responsibilities of both Xerox and Tectonic with respect to the Color Printing/Imaging Products Division. The agreement aims to protect the interests of both parties and facilitate a seamless transition for employees and customers. Key provisions included in the Louisiana Amended Asset Purchase Agreement are: 1. Purchase Price and Payment Terms: This section outlines the agreed-upon purchase price for the Color Printing/Imaging Products Division and the payment terms established between Xerox and Tectonic. 2. Assets to be Acquired: This section identifies the specific assets included in the acquisition, such as tangible assets, intellectual property rights, inventory, contracts, client lists, and any other assets essential for the operation of the Color Printing/Imaging Products Division. 3. Assumed Liabilities: The agreement explicitly specifies the liabilities and obligations that Xerox will assume as part of the acquisition. This includes any outstanding debts, contractual obligations, warranty claims, or pending litigation related to the Color Printing/Imaging Products Division. 4. Employees: This section details the treatment of employees who are affected by the acquisition. It outlines the transfer of employment, benefits, and any relevant information regarding the transition process to ensure a smooth integration of the workforce. 5. Transition Services: Xerox and Tectonic may agree to provide transition services, such as technical support, training, or customer assistance, for a specified period after the acquisition. This section outlines the terms, duration, and cost associated with these transitional services. 6. Governing Law and Jurisdiction: This clause determines that the agreement will be governed by the laws of the state of Louisiana and specifies the jurisdiction where any disputes relating to the agreement will be resolved. Other potential types of Louisiana Amended Asset Purchase Agreements between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing/Imaging Products Division may include: 1. Louisiana Amended Asset Purchase Agreement — Software Division: A distinct agreement related to the acquisition of Tectonic's software division, exclusively focusing on the transfer of software-related assets, software licenses, and the associated liabilities. 2. Louisiana Amended Asset Purchase Agreement — Patent Portfolio: This agreement could pertain to the acquisition of Tectonic's patent portfolio related to color printing and imaging products, focusing on the transfer of intellectual property rights. 3. Louisiana Amended Asset Purchase Agreement — Service Contracts: This particular agreement may involve the acquisition of Tectonic's existing service contracts pertaining to the Color Printing/Imaging Products Division, outlining the terms, obligations, and transfer of these contracts to Xerox. Please note that these hypothetical agreement types are provided purely for illustrative purposes and may not correspond to the precise agreements between Xerox Corp. and Tectonic, Inc. in relation to their Color Printing/Imaging Products Division.

Louisiana Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample This Louisiana Amended Asset Purchase Agreement refers to the specific agreement between Xerox Corporation (hereinafter referred to as "Xerox") and Tectonic, Inc. (hereinafter referred to as "Tectonic"), pertaining to the acquisition of Tectonic's Color Printing/Imaging Products Division. This agreement includes the terms and conditions that will govern the transaction and ensure a smooth transfer of assets. The primary objective of this agreement is to outline the rights, obligations, and responsibilities of both Xerox and Tectonic with respect to the Color Printing/Imaging Products Division. The agreement aims to protect the interests of both parties and facilitate a seamless transition for employees and customers. Key provisions included in the Louisiana Amended Asset Purchase Agreement are: 1. Purchase Price and Payment Terms: This section outlines the agreed-upon purchase price for the Color Printing/Imaging Products Division and the payment terms established between Xerox and Tectonic. 2. Assets to be Acquired: This section identifies the specific assets included in the acquisition, such as tangible assets, intellectual property rights, inventory, contracts, client lists, and any other assets essential for the operation of the Color Printing/Imaging Products Division. 3. Assumed Liabilities: The agreement explicitly specifies the liabilities and obligations that Xerox will assume as part of the acquisition. This includes any outstanding debts, contractual obligations, warranty claims, or pending litigation related to the Color Printing/Imaging Products Division. 4. Employees: This section details the treatment of employees who are affected by the acquisition. It outlines the transfer of employment, benefits, and any relevant information regarding the transition process to ensure a smooth integration of the workforce. 5. Transition Services: Xerox and Tectonic may agree to provide transition services, such as technical support, training, or customer assistance, for a specified period after the acquisition. This section outlines the terms, duration, and cost associated with these transitional services. 6. Governing Law and Jurisdiction: This clause determines that the agreement will be governed by the laws of the state of Louisiana and specifies the jurisdiction where any disputes relating to the agreement will be resolved. Other potential types of Louisiana Amended Asset Purchase Agreements between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing/Imaging Products Division may include: 1. Louisiana Amended Asset Purchase Agreement — Software Division: A distinct agreement related to the acquisition of Tectonic's software division, exclusively focusing on the transfer of software-related assets, software licenses, and the associated liabilities. 2. Louisiana Amended Asset Purchase Agreement — Patent Portfolio: This agreement could pertain to the acquisition of Tectonic's patent portfolio related to color printing and imaging products, focusing on the transfer of intellectual property rights. 3. Louisiana Amended Asset Purchase Agreement — Service Contracts: This particular agreement may involve the acquisition of Tectonic's existing service contracts pertaining to the Color Printing/Imaging Products Division, outlining the terms, obligations, and transfer of these contracts to Xerox. Please note that these hypothetical agreement types are provided purely for illustrative purposes and may not correspond to the precise agreements between Xerox Corp. and Tectonic, Inc. in relation to their Color Printing/Imaging Products Division.

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Louisiana Amended Asset Purchase Agreement between Xerox Corp. and Tektronix, Inc. with Respect to Its Color Printing / Imaging Products Division - Sample