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DOMAIN NAME ACQUISITION AGREEMENT

Domain Name Transfer Agreement

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This Domain Name Transfer Agreement involves

Tucowscom Co

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Title: DOMAIN NAME ACQUISITION AGREEMENT
Governing Law: California     Date: 5/7/2008
Industry: SOFTWR     Sector: TECHNO

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Exhibit 10.1

 

DOMAIN NAME ACQUISITION AGREEMENT

 

Subject to the terms and conditions attached hereto and expressly made a part hereof (the “Terms and Conditions”), and such additional terms and conditions set forth below, Portfolio Brains LLC, a California limited liability company (“Purchaser”), hereby agrees, either directly or through an affiliate, to acquire from the Seller(s) set forth below all right, title and interest in and to the domain names set forth on Exhibit A hereto, for the Purchase Price set forth below.

 

Seller(s):

 

Tucows.com Co.

 

 

 

Purchase Price:

 

US $983,713.00 (Nine Hundred and Eighty Three Thousand Seven Hundred and Thirteen Dollars)

 

 

 

Holdback:

 

US $98,371.00 (Ninety Eight Thousand Three Hundred And Seventy One Dollars)

 

 

 

Effective Date:

 

May 1, 2008

 

 

IN WITNESS WHEREOF, intending to be legally bound, the parties have executed and delivered this Domain Name Acquisition Agreement as of the Effective Date.

 

Portfolio Brains LLC

 

Tucows.com Co.

 

 

 

 

 

 

By:

/s/ STEVE HISEY

 

By:

/s/ BILL SWEETMAN

 

Name:

Steve Hisey

 

 

Name:

Bill Sweetman

 

Title:

General Manager

 

 

Title:

General Manager, Domain

 

 

Portfolio

Address:

 

Address:

 

 

 

Fax No.: (213) 607-0430

 

Fax No.: (416) 531-5584

 

 

 

 



 

 

DOMAIN NAME ACQUISITION AGREEMENT

TERMS AND CONDITIONS

 

These Terms and Conditions are hereby agreed to and made a part of the Domain Name Acquisition Agreement (the “Agreement”) to which they are attached.  Capitalized terms used but not otherwise defined herein shall have the meaning ascribed to such terms in the Agreement.

 

1.             Purchase and Sale

 

1.1           Assets to be Acquired. On the terms and subject to the conditions of this Agreement, Seller shall, on the Effective Date, sell, convey and assign to Purchaser, free and

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