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ASSIGNMENT AND ASSUMPTION AGREEMENT

Assignment and Assumption Agreement

ASSIGNMENT AND ASSUMPTION AGREEMENT | Document Parties: Computer Software Innovations, Inc | McAleer Computer Associates, Inc You are currently viewing:
This Assignment and Assumption Agreement involves

Computer Software Innovations, Inc | McAleer Computer Associates, Inc

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Title: ASSIGNMENT AND ASSUMPTION AGREEMENT
Date: 1/5/2007

ASSIGNMENT AND ASSUMPTION AGREEMENT, Parties: computer software innovations  inc , mcaleer computer associates  inc
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Exhibit 10.12

ASSIGNMENT AND ASSUMPTION AGREEMENT

KNOW ALL MEN BY THESE PRESENTS, that McAleer Computer Associates, Inc. , an Alabama corporation (the "Assignor"), for and in consideration of the sums set forth in that certain Asset Purchase Agreement by and among Assignor, Assignee and William J. McAleer, the sole shareholder of Assignor, dated November 21, 2006 (the "Purchase Agreement") to be paid in lawful money of the United States, and other good and valuable consideration to Assignor, at or before the signing and delivery of these presents, by Computer Software Innovations, Inc., a Delaware corporation (the "Assignee"), the receipt and sufficiency whereof are hereby acknowledged, hereby assigns and transfers to Assignee all of Assignor’s right, title, and interest in and to all its intangible personal property and rights composing portions of the Subject Assets (excluding the Excluded Assets) as described in the Purchase Agreement (the "Assets").

Assignor, for good and valuable consideration, the receipt of which is hereby acknowledged, does hereby transfer and assign to Assignee all of Assignor’s right, title a


 
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