![]() ![]() Company desires to acquire 100% of the Assets that will be owned by Mix and Mix desires to sell those Assets to the Company. The following shall constitute an expression of the mutual intent of the Parties hereto and is contingent upon the successful negotiation, execution, and delivery of definitive agreements between Mix and the Company setting forth in detail the terms and conditions of the proposed transactions and agreements (the ∽efinitive Agreements). The general understating of the terms and conditions of the Transaction are set forth herein. This MOU contemplates the proposed transaction (the Transaction) between the Parties that provides for Company to acquire all of the Assets controlled or yet to be controlled by Mix. Mix desires to sell the Assets, and Company desires to purchase all of the Assets from or controlled by Mix, and acquire full rights to market and sell such Assets and conduct business activities with the Assets. Mix is the owner of the Mix1 Assets (the ∺ssets) described very specifically in Schedule ∺ attached hereto. This MOU sets forth the general terms and conditions for an Asset Purchase, to which the Company and the Mix have jointly agreed. (Mix and Company may individually referred to hereinafter as Party collectively referred to hereinafter as the Parties). signalling acceptance of the agreement in the minutes of a meeting.Įach partner should have a copy of the final agreement and any updated versions that follow.This Memorandum of Understanding (MOU), dated June 28 th, 2013, is by and between PDK Energy, Inc., a Mississippi Corporation (∼ompany) and Mix1, LLC, an Arizona Limited Liability Company (Mix).exchanging letters or emails that confirm the agreement.This is usually the senior staff member responsible for overseeing the joint work, such as a chief executive, or the chair (or another trustee) from each organisation. ![]() Once you’ve finalised and agreed the text, the document should be formally accepted by a representative of each partner. You may also want to seek your own advice as an individual organisation. ![]() Whether you want legal or financial guidance, choose a neutral adviser who is familiar with the voluntary sector and who has been agreed by all partners.
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