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
Title: Oklahoma Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample: A Comprehensive Overview Introduction: The Oklahoma Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division showcases a noteworthy business transaction involving the transfer of assets and operations within the printing and imaging industry. This article provides an in-depth description of this agreement, highlighting its importance and potential variations. 1. Purpose of the Agreement: The Oklahoma Amended Asset Purchase Agreement aims to outline the terms and conditions through which Xerox Corp. acquires specific assets, technology, and business operations related to Tectonic Inc.'s Color Printing / Imaging Products Division, based in Oklahoma. The agreement establishes Xerox's rights, responsibilities, and obligations as the buyer, and outlines the obligations of Tectonic as the seller. 2. Scope and Key Provisions: a. Asset Details: This agreement involves the acquisition of tangible and intangible assets, including but not limited to intellectual property, patents, trademarks, inventory, equipment, customer databases, contracts, and licenses specifically related to the Color Printing / Imaging Products Division. b. Purchase Price and Payment Terms: The agreement sets out the purchase price, payment structure, and any additional financial considerations involved in the acquisition. c. Closing Process: This section details the specific steps, conditions, and obligations required for the successful completion of the asset transfer between the parties. d. Representations and Warranties: Both Xerox and Tectonic make certain statements concerning their respective rights, assets, and liabilities in the agreement, ensuring accuracy and compliance. e. Indemnification: Provisions related to indemnification, liability, and insurance in case of any damage arising from pre-existing legal or financial issues before the acquisition. f. Transition Period and Goodwill: Addressing the smooth transition of operations, the agreement may define a transition period and detail how goodwill will be addressed and maintained. 3. Additional Variations: Though the primary focus is on the "Oklahoma Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc.", similar agreements may exist with respect to other locations or divisions of Tectonic. Naming a few examples: a. Colorado Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample. b. Texas Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample. Conclusion: The Oklahoma Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division represents a strategic business transaction wherein Xerox acquires significant assets and operations from Tectonic. The agreement's details ensure a smooth transfer of resources, aligning the interests of both parties involved. While the "Oklahoma" variation is the focus, variations may exist for other locations, tailoring the agreement to specific jurisdictions and divisions.
Title: Oklahoma Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample: A Comprehensive Overview Introduction: The Oklahoma Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division showcases a noteworthy business transaction involving the transfer of assets and operations within the printing and imaging industry. This article provides an in-depth description of this agreement, highlighting its importance and potential variations. 1. Purpose of the Agreement: The Oklahoma Amended Asset Purchase Agreement aims to outline the terms and conditions through which Xerox Corp. acquires specific assets, technology, and business operations related to Tectonic Inc.'s Color Printing / Imaging Products Division, based in Oklahoma. The agreement establishes Xerox's rights, responsibilities, and obligations as the buyer, and outlines the obligations of Tectonic as the seller. 2. Scope and Key Provisions: a. Asset Details: This agreement involves the acquisition of tangible and intangible assets, including but not limited to intellectual property, patents, trademarks, inventory, equipment, customer databases, contracts, and licenses specifically related to the Color Printing / Imaging Products Division. b. Purchase Price and Payment Terms: The agreement sets out the purchase price, payment structure, and any additional financial considerations involved in the acquisition. c. Closing Process: This section details the specific steps, conditions, and obligations required for the successful completion of the asset transfer between the parties. d. Representations and Warranties: Both Xerox and Tectonic make certain statements concerning their respective rights, assets, and liabilities in the agreement, ensuring accuracy and compliance. e. Indemnification: Provisions related to indemnification, liability, and insurance in case of any damage arising from pre-existing legal or financial issues before the acquisition. f. Transition Period and Goodwill: Addressing the smooth transition of operations, the agreement may define a transition period and detail how goodwill will be addressed and maintained. 3. Additional Variations: Though the primary focus is on the "Oklahoma Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc.", similar agreements may exist with respect to other locations or divisions of Tectonic. Naming a few examples: a. Colorado Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample. b. Texas Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division — Sample. Conclusion: The Oklahoma Amended Asset Purchase Agreement between Xerox Corp. and Tectonic, Inc. with Respect to Its Color Printing / Imaging Products Division represents a strategic business transaction wherein Xerox acquires significant assets and operations from Tectonic. The agreement's details ensure a smooth transfer of resources, aligning the interests of both parties involved. While the "Oklahoma" variation is the focus, variations may exist for other locations, tailoring the agreement to specific jurisdictions and divisions.