ASSIGNMENT OF MEMBERSHIP INTERESTS
Exhibit 10.1
ASSIGNMENT OF MEMBERSHIP INTERESTS
Michael Silva, Marlon Berrett, and Harry L. Pete Peterson (collectively, the Members) are the sole owners of all of the outstanding membership interest in and to DPAT-1, LLC (the Membership Interest). The Members hereby assign, transfer and convey to Dental Patient Transition, Inc. all of the Membership Interest in DPAT-1, LLC so that immediately after this assignment is effective Dental Patient Transition, Inc. will be the sole member of DPAT-1, LLC, a Utah limited liability company. In addition, to the extent that the Operating Agreement of DPAT-1, LLC contains restrictions on the transferability of the Membership Interest, the parties hereby waive those restrictions with respect to this transaction.
| EFFECTIVE the 22nd day of January, 2007. |
/s/ Michael Silva |
| /s/ Marlon R. Berrett |
Michael Silva |
| Marlon R. Berrett |
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| /s/ Harry L. Peterson | |
| Harry L. Pete Peterson |
Dental Patient Transition, Inc. hereby accepts the foregoing assignment. Dental Patient Transition, Inc. further agrees that Dental Patient Transition, Inc. shall hereby become a party as a Member to the First Amended and Restated Operative Agreement of DPAT-1, LLC, as amended from time to time.
| EFFECTIVE the 22nd day of January, 2007. |
| Dental Patient Transition, Inc. | |
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| By: | /s/ Marlon R. Berrett |
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| Marlon R. Berrett, President |
AGREED AND APPROVED:
DPAT-1, LLC
By: | /s/ Marlon R. Berrett |
| Marlon R. Berrett, President of Dental |
| Cooperative, Inc., the Manager |