- -4 as the seller and by Mr. Moosbrugger, Mr. Ohlsen, and Ms. Dvorak as buyers. The purchase agreement stated in part as follows: WHEREAS, Seller is desirous * * * of selling his interest in the partnership known as Mack, Moosbrugger, Ohlsen & Dvorak, and the Purchasers are interested in purchasing the ownership interest of Seller, said ownership interest being 27.5 percent of all of the assets hereinafter enumerated. Seller and Purchasers agree that the assets of the partnership are as follows: Building and parking lot located at 219 South Third Street; work in progress including contingency fee files; accounts receivable; office furniture and equipment; the good will, name and reputation of the firm. NOW, THEREFORE, Seller and Purchasers herein agree that Purchaser shall pay unto Seller the following for the purchase of the Seller's share in the above- entitled partnership: 1. From January 1, 1986, through December 31, 1986, Seller shall be paid $1,400 on the 15th and the 30th of the month for a total of $2,800 plus payments of Seller's Blue Cross/Blue Shield for the same period of time. 2. Ten (10) percent of the fee recovered from all of the cases enumerated on the list which is attached hereto and incorporated herein as Exhibit A. 3. The furniture in Seller's office, including desk, chair, table and wastebasket. 4. Then (10) percent of the fee recovered from accounts receivable, namely: a. Hurtt v. Hurtt, venued in Walsh County, North Dakota; b. Don Mack; c. Duane Bye, specifically formation of a corporation with regard to a Vibrosaun. 5. In return thereto, Seller shall execute a Quit Claim Deed to the partnership on the office building and parking lot described above.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011