Assignment of Securities Purchase Agreement by Sputnik, Inc., R. Thomas Kidd, Joan L. Kidd, and Michael Williams to Anthony Gebbia
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Summary
This agreement, dated November 5, 2012, assigns all rights and obligations under a prior Securities Purchase Agreement from the original purchaser, R. Thomas Kidd and Joan L. Kidd, to Anthony Gebbia. The sellers are Sputnik, Inc., David LaDuke, and Michael Williams. From the date of this assignment, Anthony Gebbia assumes all responsibilities and benefits of the purchaser under the original agreement. The assignment is effective immediately upon execution by all parties.
EX-10.1 2 spni_ex101.htm ASSIGNMENT OF STOCK PURCHASE AGREEMENT spni_ex101.htm
EXHIBIT 10.1
ASSIGNMENT
THIS ASSIGNMENT made this 5th day of November, 2012, by and between Sputnik, Inc., a Nevada corporation, David LaDuke, President; and Michael Williams (collectively the “Seller”), and R. Thomas Kidd and Joan L. Kidd and assigns (collectively the “Purchaser”), and Anthony GEbbia (“Assignee”). All of the above are collectively referred to as the “Parties.”
The Parties agree that from and after the date of this Assignment, for valuable consideration, all of the rights, privileges and obligations of Purchaser under the SECURITIES PURCHASE AGREEMENT, (the, "Agreement"), originally dated as of July 1, 2012 and as further amended, entered into by and between Sputnik, Inc., a Nevada corporation, David LaDuke, President; and Michael Williams (collectively the “Seller”), and R. Thomas Kidd and Joan L. Kidd and assigns (collectively the “Purchaser”) are hereby assigned to Assignee.
IN WITNESS WHEREOF, the Assignors have executed this Assignment on November 5, 2012.
Seller:
/s/ David LaDuke
Sputnik Enterprises, Inc.
By: David LaDuke, President
/s/ Michael Williams
Michael Williams
Purchaser:
/s/ R. Thomas Kidd
R. Thomas Kidd
/s/ Joan L. Kidd
Joan L. Kidd
Assignee:
/s/ Anthony Gebbia
Anthony Gebbia
