CLOSING STATEMENT ASSET SALE- JADIAN ENTERPRISES,INC. Closing Date: May 9, 2014
Exhibit 10.41
CLOSING STATEMENT
ASSET SALE- JADIAN ENTERPRISES, INC.
Closing Date: May 9, 2014
SELLER: | BUYER: |
Jadian Enterprises, Inc. | Jadian,Inc. |
This Closing Statement is provided pursuant to a certain Asset Purchase Agreement dated May
9, 2014, by and among the parties set forth above.
CLOSING STATEMENT
| Credits to Seller Asset Purchase Price (including non-compete) |
$425,000.00 |
| Plus AIR Credit | $33,704.50 |
| Less Promissory Note | $210,000.00 |
| Less Prepaid Adjustment | $40,760.02 |
Cash to Seller from Buyer at Closing $207,944.80
| 1 |
| INCOMING FUNDS AT CLOSING | DISBURSEMENTS AT CLOSING | ||
| Buyer: | $207,944.80 | Seller: | $131,837.80 |
| Jerry Norris | $10,000.00 | ||
| Capitol National Bank | $17,856.68 | ||
| Rua & Associates | $42,500.00 | ||
| Smith Haughey | $5,750.00 | ||
| Total | $207,944.80 | ||
Seller and Buyer acknowledge and agree that:
1. Neither Buyer nor Seller's attorney shall be responsible for any income tax reporting requirements, and that each party to this transaction shall be responsible for any applicable tax reporting requirements; and
2. They have read the foregoing statement and approve the same and authorize the disbursement of funds and documents in accordance therewith.
| SELLER: | BUYER: |
| Jadian Enterprises, Inc. | Jadian, Inc. |
| /s/ Karen Griggs | /s/ Shaun Passley |
| By: Karen Griggs | By: Shaun Passley |
| Its: Director | Its: President |
| Dated: may 9, 2014 | Dated: May 9, 2024 |
