MEMBERSHIP INTEREST PURCHASE AGREEMENT
INTRUSION INC
Membership Interest Purchase Agreement
BY AND AMONG
Intrusion Inc.,
OW Cyber LLC
AND
VigilAigent Corp.
Table of Contents
Article I.
Definitions and Interpretations
1
Section 1.01
Definitions.
1
Section 1.02
Interpretive Provisions.
6
Article II.
The Transactions
6
Section 2.01
The Acquisition.
6
Section 2.02
Purchase Prices.
7
Section 2.03
Seller Parties Deliverables at the First Closing.
7
Section 2.04
Buyer Deliverables at the First Closing.
8
Section 2.05
Post-First Closing Adjustment.
8
Section 2.06
Retained Shares.
9
Section 2.07
Conditions to the Second Closing.
10
Section 2.08
Seller Deliverables at the First Closing.
11
Section 2.09
Buyer Deliverables at the Second Closing.
11
Section 2.10
Earn-Out.
11
Section 2.11
Buyer Sale.
13
Section 2.12
Payment of Earn-Out Consideration.
13
Section 2.13
Registration.
14
Section 2.14
Lock-Up and Leak Out.
16
Section 2.15
Additional Documents.
17
Section 2.16
Conveyance Taxes.
…