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

• Category: Corporations - Public - Asset Purchase - Samples
• State: Multi-State
• Control #: US-EG-9177
• Format: Word; Rich Text

Description

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 Michigan Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample The Michigan Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division is a legally binding document that outlines the terms and conditions of the acquisition of the Color Printing / Imaging Products Division by Xerox Corp. from Tectonic, Inc. Under this agreement, Xerox Corp. will acquire the assets, intellectual property rights, and technology related to the Color Printing / Imaging Products Division from Tectonic, Inc. This includes all patents, trademarks, copyrights, trade secrets, and any other proprietary information and materials associated with the division. One of the main objectives of this agreement is to ensure a smooth transition of business operations from Tectonic, Inc. to Xerox Corp. The agreement outlines the timeline and process for the transfer of assets, including the physical equipment, inventory, and other tangible properties. In addition, the agreement details the rights and obligations of both parties with respect to customer contracts and orders related to the Color Printing / Imaging Products Division. Xerox Corp. will assume responsibility for fulfilling these contracts and orders upon the closing of the acquisition. The agreement also addresses the transfer of employees from Tectonic, Inc. to Xerox Corp. It includes provisions for the identification of key employees and their transfer with full benefits and accrued rights. It also outlines the compensation and severance package for employees who are not absorbed by Xerox Corp. Another crucial aspect covered in this agreement is the assumption of liabilities. Xerox Corp. agrees to assume certain liabilities related to the Color Printing / Imaging Products Division, including warranties, product liabilities, and any other outstanding obligations. The Michigan Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample is an example of a specific type of asset purchase agreement. However, it is important to note that there may be different variations of this agreement, depending on the specific circumstances of the acquisition. Some possible variations of this agreement could include: 1. Amended Asset Purchase Agreement: This version of the agreement may be used when there are changes or modifications to the original asset purchase agreement, necessitating an amendment. 2. Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. — Color Printing Division Only: This variation would focus specifically on the acquisition of the color printing division of Tectonic, Inc., excluding any other divisions or business units. 3. Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. — Imaging Products Division Only: This version would pertain solely to the acquisition of the imaging products division of Tectonic, Inc., without including any other divisions or segments of the company. In conclusion, the Michigan Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample outlines the terms, rights, and obligations related to the acquisition of the Color Printing / Imaging Products Division by Xerox Corp. from Tectonic, Inc. It serves as a legally binding document ensuring a smooth transition of operations while addressing various aspects such as assets, liabilities, employees, and customer contracts. Different variations of this agreement may exist depending on the specific circumstances of the acquisition, as outlined above.

Michigan Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample The Michigan Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division is a legally binding document that outlines the terms and conditions of the acquisition of the Color Printing / Imaging Products Division by Xerox Corp. from Tectonic, Inc. Under this agreement, Xerox Corp. will acquire the assets, intellectual property rights, and technology related to the Color Printing / Imaging Products Division from Tectonic, Inc. This includes all patents, trademarks, copyrights, trade secrets, and any other proprietary information and materials associated with the division. One of the main objectives of this agreement is to ensure a smooth transition of business operations from Tectonic, Inc. to Xerox Corp. The agreement outlines the timeline and process for the transfer of assets, including the physical equipment, inventory, and other tangible properties. In addition, the agreement details the rights and obligations of both parties with respect to customer contracts and orders related to the Color Printing / Imaging Products Division. Xerox Corp. will assume responsibility for fulfilling these contracts and orders upon the closing of the acquisition. The agreement also addresses the transfer of employees from Tectonic, Inc. to Xerox Corp. It includes provisions for the identification of key employees and their transfer with full benefits and accrued rights. It also outlines the compensation and severance package for employees who are not absorbed by Xerox Corp. Another crucial aspect covered in this agreement is the assumption of liabilities. Xerox Corp. agrees to assume certain liabilities related to the Color Printing / Imaging Products Division, including warranties, product liabilities, and any other outstanding obligations. The Michigan Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample is an example of a specific type of asset purchase agreement. However, it is important to note that there may be different variations of this agreement, depending on the specific circumstances of the acquisition. Some possible variations of this agreement could include: 1. Amended Asset Purchase Agreement: This version of the agreement may be used when there are changes or modifications to the original asset purchase agreement, necessitating an amendment. 2. Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. — Color Printing Division Only: This variation would focus specifically on the acquisition of the color printing division of Tectonic, Inc., excluding any other divisions or business units. 3. Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. — Imaging Products Division Only: This version would pertain solely to the acquisition of the imaging products division of Tectonic, Inc., without including any other divisions or segments of the company. In conclusion, the Michigan Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample outlines the terms, rights, and obligations related to the acquisition of the Color Printing / Imaging Products Division by Xerox Corp. from Tectonic, Inc. It serves as a legally binding document ensuring a smooth transition of operations while addressing various aspects such as assets, liabilities, employees, and customer contracts. Different variations of this agreement may exist depending on the specific circumstances of the acquisition, as outlined above.