EXHIBIT
10.18
EXECUTION
COPY
BILL OF SALE AND ASSIGNMENT
AND
ASSUMPTION
AGREEMENT
FOR VALUE
RECEIVED , the
receipt, sufficiency and adequacy of which hereby are acknowledged,
TIB BANK, a bank chartered under the laws of the State of Florida
(the "Bank"), hereby does sell, transfer, assign, bargain, convey,
deliver, abandon, and set over unto NOVA INFORMATION
SYSTEMS, INC ., a Georgia corporation ("NOVA"), its
successors and assigns, all of the Bank's right, title, and
interest in and to all properties, assets, and rights identified as
the "Assets Sold" in Section 1.1 of the Merchant Asset Purchase
Agreement dated as of December ___, 2005, by and among the Bank,
TIB Financial Corp. and NOVA (the "Merchant Asset Purchase
Agreement"), which is incorporated herein by this
reference.
The Bank fully represents, warrants and agrees
that it is the true, lawful, and sole owners of the Assets Sold
hereby sold, transferred, assigned, bargained, conveyed, delivered,
abandoned, and set over; that it has the full, complete, and lawful
right, power, and authority to execute this Bill of Sale and
Assignment and Assumption Agreement and to so sell, transfer,
assign, bargain, convey, deliver, abandon and set over the Assets
Sold; that the rights, title a
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