WEBSITE PURCHASE AGREEMENT
This Website Purchase Agreement (the “Agreement “) is made effective on this 18th day of December, 2020 by and between Tanveer Khader of Usajobindex.com of 5577 Crimson Cir, Fremont. CA-94538, USA (the “Seller”), and Rahul Raj of Vazhavelil House, Mannam P.O, North Paravur, Ernakulum -683520, Kerala India (the “Buyer “).
- WEBSITE PURCHASE
Subject to the terms and conditions contained in this Agreement the Seller hereby sells and transfers to the Buyer any and all of Seller’s rights, title and interest in and to the Website and Internet Domain Name, Usajobindex.com and all of its respective contents (the “Website “), and any other rights associated with the Website , including, without limitation , any intellectual property rights , all related domains , logos , customer lists and agreements , email lists, passwords , usernames and trade names; and all of the related social media accounts including but not limited to, Instagram , Twitter , Facebook , Instagram, and Pinterest.
- PAYMENT TERMS
In consideration for the sale of the Website as defined in paragraph 1 above, the Buyer agrees to pay the Seller the amount of $ 9600.
- SELLER’S OBLIGATIONS
Seller agrees to facilitate and expedite transfer of the Website and all of its respective contents as defined above at closing.
- REPRESENTATIONS AND WARRANTIES BY THE SELLER
The Seller has all necessary right, power and authorization to sign and perform all the obligations under this Agreement.
The Seller has the exclusive ownership of the Website and there are no current disputes or threat of disputes with any third party over the proprietary rights to the Website or any of the Website’s content.
The Seller warrants that the business of Usajobindex.com is stable and no material loss of revenue or traffic is expected.
The execution and performance of this Agreement by the Seller will not constitute or result in a violation of any material agreement to which the Seller is a party.
- INDEMNITY
The Seller shall indemnify and hold harmless the Buyer against all damages, losses or liabilities, which may arise with respect to the Website, its use, operation or content, to the extent such damage, loss or liability was caused by the wrongful conduct of Seller prior to the effective date of this Agreement. Such duty to indemnify on the part of the Seller shall terminate as of December 18, 2020.
- ADDITIONAL DOCUMENTS
Seller agrees to cooperate with Purchaser and take any and all actions necessary to transfer and perfect the ownership of the Website Registration and Hosting from Seller to Buyer, including providing all necessary passwords and usernames on the closing date and thereafter. Seller understands that Buyer is a public company and falls under SEC guidelines and requirements and may need historic accounting and financial records. Should Buyer require accounting and financial records for audit purposes from Seller at a future time, Seller agrees to facilitate and deliver to Buyer, upon written request any and all necessary historical financial records without limitation.
- NON COMPETE
Seller agrees not to compete with USA JOB INDEX, LLC with any website similar to Usajobindex.com for a period of _________ years.
- NOTICE
All notices required or permitted under this Agreement shall be deemed delivered when delivered in person or by certified mail, return receipt requested, with copy sent via e mail, postage prepaid, addressed to the appropriate party at the address shown for that party at the beginning of this Agreement. The parties hereto may change their addresses by giving written notice of the change in the manner described in this paragraph. Any party hereto may acknowledge receipt of a document or other information by email and expressly waive their right to notice of that document or other information by mail in said email communication.
- ENTIRE AGREEMENT AND MODIFICATION
This Agreement constitutes the entire agreement between the parties. No modification or amendment of this Agreement shall be effective unless in writing and signed by both parties. This Agreement replaces any and all prior agreements between the parties.
- INVALIDITY OR SEVERABILITY
If there is any conflict between any provision of this Agreement and any law, regulation or decree affecting this Agreement, the provision of this Agreement so affected shall be regarded as null and void and shall, where practicable, be curtailed and limited to the extent necessary to bring it within the requirements of such law, regulation or decree but otherwise it shall not render null and void other provisions of this Agreement.
- GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of the State of California
IN WITNESS WHEREOF, the Parties have executed this agreement as follows:
Buyer Signature: ___________________
Seller Signature: ____________________
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