Document:

Assest Purchase Agreement, dated November 30, 2007

 Exhibit (10)(ii)(A) 
 Execution Version 
 ASSET PURCHASE AGREEMENT 
 by and among 
 CINCINNATI BELL ANY DISTANCE INC. 
 as Buyer 
 and 
 EGIX, INC. and 
 EGIX NETWORK SERVICES, INC.

 as Sellers 
 and 
 The Sellers’ respective subsidiaries 
 as
Subsidiaries 
 and 
 The
Sellers’ respective principal shareholders 
 as Shareholders 
 November 30, 2007 

					
	 ARTICLE 1- PRINCIPAL TRANSACTION
	  	1
	 SECTION 1.1
	  	SALE AND PURCHASE OF PURCHASED ASSETS	  	1
	 SECTION 1.2
	  	CASH PURCHASE PRICE AND METHOD OF PAYMENT	  	1
	 SECTION 1.3
	  	PURCHASE PRICE ADJUSTMENT	  	2
	 SECTION 1.4
	  	PREPARATION OF CLOSING BALANCE SHEET; DISPUTES	  	2
	 SECTION 1.5
	  	EARN OUT	  	3
	 SECTION 1.6
	  	CLOSING	  	6
	 SECTION 1.7
	  	DELIVERIES AT CLOSING	  	6
	 SECTION 1.8
	  	ASSUMED LIABILITIES	  	7
	 SECTION 1.9
	  	PURCHASE PRICE ALLOCATION	  	7
	 SECTION 1.10
	  	NONASSIGNABLE CONTRACTS AND APPROVALS	  	7
		
	 ARTICLE 2 - REPRESENTATIONS AND WARRANTIES OF SELLERS
	  	8
	 SECTION 2.1
	  	ORGANIZATION AND GOOD STANDING	  	8
	 SECTION 2.2
	  	CAPITALIZATION; OWNERSHIP	  	8
	 SECTION 2.3
	  	FINANCIAL STATEMENTS	  	9
	 SECTION 2.4
	  	BOOKS AND RECORDS	  	10
	 SECTION 2.5
	  	NO UNDISCLOSED LIABILITIES	  	10
	 SECTION 2.6
	  	TAXES.	  	10
	 SECTION 2.7
	  	NO MATERIAL ADVERSE EFFECT; ABSENCE OF RESTRICTED EVENTS	  	11
	 SECTION 2.8
	  	EMPLOYEES; LABOR RELATIONS	  	11
	 SECTION 2.9
	  	EMPLOYEE BENEFIT PLANS	  	11
	 SECTION 2.10
	  	LEASED REAL PROPERTY AND CO-LOCATION FACILITIES	  	14
	 SECTION 2.11
	  	PERSONAL PROPERTY	  	15
	 SECTION 2.12
	  	CONDITION OF TANGIBLE PURCHASED ASSETS	  	15
	 SECTION 2.13
	  	DISPUTES; LITIGATION	  	15
	 SECTION 2.14
	  	AUTHORIZATION AND ENFORCEABILITY; NO CONFLICTS WITH OTHER INSTRUMENTS
OR PROCEEDINGS 	  	16
	 SECTION 2.15
	  	MATERIAL CONTRACTS	  	16
	 SECTION 2.16
	  	INTELLECTUAL PROPERTY	  	16
	 SECTION 2.17
	  	INSURANCE	  	17

  

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	 SECTION 2.18
	  	CERTAIN RELATIONSHIPS	  	17
	 SECTION 2.19
	  	ENVIRONMENTAL MATTERS	  	17
	 SECTION 2.20
	  	GOVERNMENTAL AUTHORIZATIONS AND REGULATORY APPROVAL	  	17
	 SECTION 2.21
	  	BANK ACCOUNTS	  	18
	 SECTION 2.22
	  	PRODUCT AND SERVICE WARRANTIES AND LIABILITIES	  	19
	 SECTION 2.23
	  	NO BROKER’S FEES	  	19
	 SECTION 2.24
	  	NO OTHER REPRESENTATIONS OR WARRANTIES	  	19
		
	 ARTICLE 3 - REPRESENTATIONS AND WARRANTIES OF BUYER
	  	19
	 SECTION 3.1
	  	ORGANIZATION AND STANDING OF BUYER	  	19
	 SECTION 3.2
	  	AUTHORIZATION AND ENFORCEABILITY	  	19
	 SECTION 3.3
	  	AVAILABLE FUNDS	  	19
	 SECTION 3.4
	  	BUYER’S INVESTIGATION AND KNOWLEDGE	  	19
	 SECTION 3.5
	  	NO BROKER’S FEES	  	20
		
	 ARTICLE 4 - COVENANTS AND AGREEMENTS
	  	20
	 SECTION 4.1
	  	CONDUCT PENDING THE CLOSING	  	20
	 SECTION 4.2
	  	ACCESS BY BUYER	  	20
	 SECTION 4.3
	  	NOTICE OF BREACH OR FAILURE OF CONDITION	  	20
	 SECTION 4.4
	  	PUBLICITY	  	21
	 SECTION 4.5
	  	REASONABLE EFFORTS	  	21
	 SECTION 4.6
	  	SHAREHOLDERS’ REPRESENTATIVE	  	21
	 SECTION 4.7
	  	STEVEN L. JOHNS AS SELLERS’ AND SUBSIDIARIES’ REPRESENTATIVE 	  	23
	 SECTION 4.8
	  	ESCROW AGREEMENT	  	23
	 SECTION 4.9
	  	CERTAIN TAX PRORATIONS	  	24
		
	 ARTICLE 5 - CONDITIONS TO OBLIGATION TO CLOSE
	  	25
	 SECTION 5.1
	  	CONDITIONS TO OBLIGATION OF BUYER	  	25
	 SECTION 5.2
	  	CONDITIONS TO OBLIGATION OF SELLERS	  	26
		
	 ARTICLE 6 - TERMINATION
	  	27
	 SECTION 6.1
	  	TERMINATION EVENTS	  	27
	 SECTION 6.2
	  	EFFECT OF TERMINATION	  	27
		
	 ARTICLE 7 - INDEMNIFICATION
	  	27

  

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	 SECTION 7.1
	  	INDEMNIFICATION AND REIMBURSEMENT BY SELLERS AND SHAREHOLDERS	  	27
	 SECTION 7.2
	  	INDEMNIFICATION AND REIMBURSEMENT BY BUYER	  	27
	 SECTION 7.3
	  	INDEMNIFICATION PROCEDURES	  	28
	 SECTION 7.4
	  	LIMITATIONS ON INDEMNIFICATION	  	29
	 SECTION 7.5
	  	EXCLUSIVE REMEDY	  	32
		
	 ARTICLE 8 - DEFINITIONS
	  	32
		
	 ARTICLE 9 - GENERAL
	  	37
	 SECTION 9.1
	  	SURVIVAL OF REPRESENTATIONS AND WARRANTIES	  	37
	 SECTION 9.2
	  	BINDING EFFECT; BENEFITS; ASSIGNMENT	  	38
	 SECTION 9.3
	  	ENTIRE AGREEMENT	  	38
	 SECTION 9.4
	  	AMENDMENT AND WAIVER	  	38
	 SECTION 9.5
	  	GOVERNING LEGAL REQUIREMENT; JURISDICTION AND VENUE	  	38
	 SECTION 9.6
	  	NOTICES	  	39
	 SECTION 9.7
	  	COUNTERPARTS	  	40
	 SECTION 9.8
	  	EXPENSES	  	40
	 SECTION 9.9
	  	SEVERABILITY	  	40
	 SECTION 9.10
	  	HEADINGS; CONSTRUCTION; TIME OF ESSENCE	  	40
	 SECTION 9.11
	  	CERTAIN INFORMATION	  	40

					
			
	 Exhibits:
	  		  	
			
	 Exhibit 1.1
	  	Purchased Assets and Excluded Assets	  	
	 Exhibit 1.3
	  	Net Working Capital Calculation	  	
	 Exhibit 1.5(a)(l)
	  	Existing Territories	  	
	 Exhibit 1.5(a)(2)
	  	National Accounts	  	
	 Exhibit 1.5(d)(i)(l)
	  	Buyer’s Planned Operational Changes	  	
	 Exhibit 1.5(d)(i)(2)
	  	eGIX Operating Plan	  	
	 Exhibit 1.7(a)
	  	Bill of Sale	  	
	 Exhibit 1.8
	  	Assumed Liabilities and Excluded Liabilities	  	
			
	 Exhibit 4.8
	  	Escrow Agreement	  	
	 Exhibit 5.l(e)
	  	Employment Agreements	  	
	 Exhibit 5. l(f)
	  	Noncompetition Agreements	  	
	 Exhibit 5.2(f)
	  	Release of Personal Guaranties	  	

  

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	 Schedules:
	  		  	
			
	 Schedule 2.2(a)
	  	Capitalization; Ownership	  	
	 Schedule 2.3(a)
	  	Financial Statements	  	
	 Schedule 2.3(c)
	  	Funded Indebtedness	  	
	 Schedule 2.6
	  	Taxes	  	
	 Schedule 2.7
	  	No Material Adverse Effect; Absence of Restricted Events	  	
	 Schedule 2.8
	  	Employees; Labor Relations	  	
	 Schedule 2.9(a)
	  	Employee Benefit Plans	  	
	 Schedule 2.9(k)
	  	Retiree Benefits	  	
	 Schedule 2.9(m)
	  	Acceleration or Parachute Payment	  	
	 Schedule 2.10
	  	Leased Real Property and Co-Location Facilities	  	
	 Schedule 2.11
	  	Personal Property	  	
	 Schedule 2.13
	  	Disputes; Litigation	  	
	 Schedule 2.14(a)
	  	Resolutions of Board of Directors of Each of Sellers	  	
	 Schedule 2.14(b)
	  	No Conflicts with Other Instruments or Proceedings	  	
	 Schedule 2.15
	  	Material Contracts	  	
	 Schedule 2.16
	  	Intellectual Property	  	
	 Schedule 2.18
	  	Certain Relationships	  	
	 Schedule 2.19
	  	Environmental Matters	  	
	 Schedule 2.20
	  	Governmental Authorizations and Regulatory Approval	  	
	 Schedule 2.22
	  	Product and Service Warranties and Liabilities	  	

  

 v 

 ASSET PURCHASE AGREEMENT 
 THIS ASSET PURCHASE AGREEMENT (this “Agreement”) is made as of November 30, 2007, by and among Cincinnati Bell Any Distance Inc., a
Delaware corporation (“Buyer”), eGIX, Inc., an Indiana corporation (“eGIX”) and EGIX Network Services, Inc., an Indiana corporation (“ENS” and together with eGIX, the “Sellers” and individually, a
“Seller”), and eGIX Network Services of Virginia, Inc., a Virginia corporation (“ENS Virginia”), @Link Networks, Inc., a Washington corporation, and DSL Indiana Acquisitions, LLC, an Indiana limited liability company, all of
which are wholly-owned subsidiaries of Sellers (each a “Subsidiary” and collectively, the “Subsidiaries”), and each undersigned shareholder of Sellers (each, a “Shareholder” and collectively, the
“Shareholders”). Buyer, Sellers, Subsidiaries and Shareholders are sometimes referred to individually in this Agreement as a “Party” and collectively as the “Parties.” All other capitalized terms used and not otherwise
defined in this Agreement have the meanings set forth in Article 8 of this Agreement. 
 eGIX, through ENS and ENS Virginia, is a
facilities based registered competitive local exchange carrier that offers managed internet protocol solutions to small and medium sized enterprises primarily located in the Midwest, including internet protocol voice and data services, high-speed
internet access, local line services, information technology services and business applications and messaging services (the “Business”). The Shareholders collectively own more than 95% of the issued and outstanding capital stock of each
Seller. Buyer desires to purchase from Sellers and Subsidiaries, and Sellers and Subsidiaries desire to sell to Buyer, substantially all of the assets, and assume certain liabilities, of the Sellers and Subsidiaries on the terms and subject to the
conditions set forth in this Agreement. 
 Accordingly, the Parties agree as follows: 
 ARTICLE 1 - PRINCIPAL TRANSACTION 
 Section 1.1 Sale and Purchase of Purchased Assets. On the terms and subject to the conditions of this Agreement, Sellers and Subsidiaries agree to sell and transfer to Buyer free and clear of all Encumbrances, and Buyer
agrees to purchase from Sellers and Subsidiaries, the assets of the Sellers and Subsidiaries that are used by the Sellers and Subsidiaries in the operation of the Business described on Exhibit 1.1 as “Purchased Assets”
(collectively, the “Purchased Assets”). Notwithstanding anything herein to the contrary, the Sellers and Subsidiaries are not selling, transferring, conveying, assigning or delivering to Buyer the assets described on Exhibit 1.1 as
“Excluded Assets” (collectively, the “Excluded Assets”). 
 Section 1.2 Cash Purchase Price and Method of
Payment. In consideration of the transfer of the Purchased Assets to Buyer and the other undertakings set forth in this Agreement, at the Closing Buyer will pay to Sellers, by wire transfer of immediately available funds to an account designated
by Sellers, an aggregate amount of $18,000,000 (the “Cash Purchase Price”), less an amount sufficient to pay the Funded Indebtedness in accordance with Section 1.7(c), subject to adjustment as provided in
Section 1.3 below. In addition, Buyer will pay to Sellers $4,495,000 (subject to adjustment as provided in Section 1.5 below) payable over two years, all 

 
in accordance with the provisions of Section 1.5 below (the “Earn Out” or “Earnout”). The Earn Out and the Cash Purchase Price,
together will be referenced to herein as the “Purchase Price.” 
 Section 1.3 Purchase Price Adjustment. The
Cash Purchase Price will be increased or decreased on a dollar-for-dollar basis to the extent that Sellers’ Net Working Capital on the Final Closing Balance Sheet (the “Closing Net Working Capital”) is greater than $325,000 (the
“Maximum Net Working Capital”) or less than $75,000 (the “Minimum Net Working Capital”), respectively. Sellers and Buyer acknowledge and agree that the calculation of Closing Net Working Capital should be performed in a similar
manner as the calculation of Net Working Capital as of September 30, 2007 included in Exhibit 1.3. The difference that results from the Closing Net Working Capital minus the Maximum Net Working Capital will be paid by Buyer to Sellers if
such difference is a positive amount. The difference that results from the Closing Net Working Capital minus the Minimum Net Working Capital will be paid by Sellers to Buyer if such difference is a negative amount. Payment shall be made within two
business days by wire transfer to an account designated by the applicable Party following the date that the Closing Balance Sheet becomes final, conclusive and binding on the Parties under Section 1.4. 
 Section 1.4 Preparation of Closing Balance Sheet; Disputes. 
 (a) Within sixty (60) days after the Closing Date, Buyer will prepare and deliver to eGIX a balance sheet of Sellers (with respect to
the Purchased Assets and Assumed Liabilities) as of the Closing Date (the “Closing Balance Sheet”), which will be prepared in accordance with GAAP. eGIX will have the opportunity to review the Closing Balance Sheet for thirty
(30) days after the Closing Balance Sheet is delivered by Buyer (the “Review Period”). During the Review Period, Buyer will provide to eGIX and its representatives reasonable access to all information, including accountant work
papers, to enable eGIX to review the Closing Balance Sheet. The Closing Balance Sheet will be final, conclusive and binding on the Parties unless, prior to the end of the Review Period, eGIX notifies Buyer in writing of Sellers’ objections to
the Closing Balance Sheet, specifically identifying the disputed items, the amounts or estimated amounts of the disputed items and the basic facts underlying Sellers’ objections. If eGIX provides a timely notice of objections to the Closing
Balance Sheet, the Parties will try in good faith to resolve the objections among themselves within thirty (30) days after the delivery of the objection notice by eGIX. 
 (b) If the Parties resolve the objections within that time period, they will promptly record their resolution in a writing signed by each
of them, and the resolution will be final, conclusive and binding on each of them. If the Parties are unable to resolve the objections within that time period, the Parties will refer any disputed matter to Deloitte & Touche, or if
Deloitte & Touche is unwilling or unable to serve as arbitrator (because it has a professional business relationship with one of the Parties or their respective Affiliates or otherwise) and the Parties are unable to agree on another
independent accounting firm to resolve the dispute, then Buyer and eGIX will each designate one nationally recognized independent accounting firm with whom the designating Party and its Affiliates has no current 

  

 2 

 
professional relationship, and the accounting firm that will resolve the dispute will be chosen by lot. Buyer and Sellers, will each pay one-half of the fees
and expenses of such accounting firm incurred in resolving their dispute. The accounting firm will act as a neutral arbitrator, and to the extent GAAP leaves room for discretion, will exercise that discretion independently, but within the range of
the differences between the Parties. The Parties will be afforded an opportunity to present to the accounting firm their positions and such materials as they deem appropriate or as the accounting firm may request. The accounting firm will be
instructed to resolve the disputed matters within sixty (60) days following its engagement, or as soon thereafter as is practicable, and their written resolution will be final, conclusive and binding on the Parties. 
 (c) The Closing Balance Sheet, in the form that is final, conclusive and binding on the Parties hereunder, is referred to in this
Agreement as the “Final Closing Balance Sheet.” 
 Section 1.5 Earn Out. For purposes of this
Section 1.5, the terms listed below have the following meanings. Other capitalized but underlined terms not listed below are defined elsewhere in this Agreement. 
 (a) Definitions: 
 “Business Revenue” All sales generated by the continued operation of the Business, including, without limitation, revenue arising from (i) the operation of the Purchased Assets, and/or (ii) the sales efforts of
any sales personnel operating under the supervision of Senior Management. Business Revenue includes sales to both the direct and the indirect sales channels. Notwithstanding the foregoing, Business Revenue shall include seventeen and one-half
percent (17.5%) of (x) revenue attributable to sales to National Accounts (defined below) and (y) revenue generated through, or as a result of, new sales channels or new sales representatives and/or resources added by Buyer (and,
accordingly, 82.5% of all revenue described in clauses (x) and (y) shall be excluded from any calculation of Business Revenue). Further, Business Revenue shall not include (1) any sales to customers that do not utilize the eGIX
network or platform (except that sales from IT consulting services provided to customers that do not utilize the eGIX network or platform shall be included in Business Revenue unless otherwise excluded in this paragraph), (2) any sales to
wholesale customers other than sales to entities that are eGIX customers at the Closing, (3) any sales to non-wholesale customers generated in any territory not identified on Exhibit 1.5(a)(l), or (4) any sales resulting from the
acquisition of assets, operations or business of a third party 
 “National Accounts” Those customer accounts
of Buyer listed on Exhibit 1.5(a)(2). 
 “Senior Management” Steven L. Johns, James Kinnett and Andrew
G. Gorogiani or their successors. 
  

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 “First Period” The twelve (12) consecutive months commencing on the
first day of the first fiscal quarter to begin after the Closing Date but not less than thirty (30) days after the Closing Date. 
 “Second Period” The twelve (12) consecutive months immediately following the last day of the First Period. 
 “First Period Hurdle” $17,000,000 (85% of $20,000,000).  
 “Second Period Hurdle” $20,700,000 (90% of $23,000,000).  
 “First Period Target” $20,000,000.  
 “Second Period Target” $23,000,000  
 “First Period Payment Goal” $2,000,000.  
 “Second Period Payment Goal” $2,495,000. 
 “First Period Maximum Payment Amount” $2,300,000 (115% of the First Period Payment Goal.) 
 “Second Period Maximum Payment Amount” $2,869,250 (115% of the Second Period Payment Goal.) 
 “Earnout Payment Percentage” The percent which is the quotient of dividing the Business Revenue in either the First or
Second Period by that Period’s Target Amount. 
 “Target Earnout Consideration” $4,495,000. 

(b) Calculation. 
 (i) In the event Business Revenue during the First Period is equal to or greater than the First Period Hurdle, Buyer shall pay to Sellers an amount equal to the product of the Earnout Payment Percentage times the
First Period Payment Goal, up to an amount equal to the First Period Maximum Payment Amount. 
 (ii) The same manner of
calculation applies to the Second Period. 
 For purposes of illustration: 
 If Business Revenue in the First Period is $19,000,000, the Earnout Payment Percentage is 95%, which is multiplied by the First Period Payment Goal, which
is $2,000,000, yielding a payment of $1,900,000. 
  

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 If Business Revenue in the First Period is $21,000,000 the Earnout Payment Percentage is 105%, which is
multiplied by the First Period Payment Goal, which is $2,000,000, yielding a payment of $2,100,000. 
 In the event the First Period Hurdle is
not achieved, and the Second Period Target is exceeded, Sellers may, at their option, elect to carry back to the First Period all or some portion of any excess over the Second Period Target and add such excess amount to the calculation of the First
Period Business Revenue (the amount carried back and added to the First Period Business Revenue is referred to as the “Carry-Back Revenue”), as though the Carry-Back Revenue were earned during the First Period, and Buyer’s Earnout
payment for the First Period shall be recalculated as provided in this Section 1.5(b); provided, however, that the Carry-Back Revenue shall then be excluded from the calculation of the Second Period Business Revenue, as though the
Carry-Back Revenue were not earned in the Second Period. 
 (c) Payment. Each Earnout payment under this
Section 1.5 shall be paid within 60 days after the end of each of the First and Second Periods, respectively (any First Period Payment that would be due as a result of Carry- Back Revenue will be made within sixty (60) days of the
end of the Second Period); provided, however, that if the remaining balance of the Escrow Fund is distributed to the Sellers’ Liquidating Trust prior to April 30, 2009 pursuant to Section 4.8(c)(i) hereof, Buyer may withhold from the
First Period Earn Out payment $250,000 plus an amount sufficient to satisfy any then-pending Indemnification Claim(s) previously asserted by Buyer, provided further, that all such withheld amounts shall be paid by Buyer to the Sellers’
Liquidating Trust not later than April 30, 2009, except for such amounts (if any) as shall be necessary to satisfy any Indemnification Claim(s) asserted by Buyer on or before April 30, 2009. Each Earnout payment shall be accompanied by a
statement detailing Buyer’s calculation of Business Revenue and the resulting Earnout payment. In the event eGIX notifies Buyer within 30 days of its receipt of any such payment that it objects to Buyer’s calculation made pursuant to this
Section 1.5, Buyer and eGIX shall negotiate in good faith for a period not to exceed 30 days to resolve any such dispute. If Buyer and eGIX are unable to reach an agreement within such time, they shall follow the procedures set forth in
Section 1.4(b) respecting the submission of the dispute to, and final and binding resolution by, an independent accounting firm. 
 (d) Change of Circumstances. Buyer acknowledges that the possibility of Sellers receiving the Earnout payments described above comprises a material inducement for Sellers to enter into and perform this Agreement.
Accordingly Buyer agrees it shall: 
 (i) Except for Buyer’s planned operational changes described on Exhibit
1.5(d)(i)(l), conduct the Business in substantially the same manner as previously conducted by Sellers (the “Previous Operations”) 

  

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and in accordance with Sellers’ operating plan attached as Exhibit 1.5(d)(i)(2) (the “eGIX Operating Plan”). 
 (ii) Make capital expenditures and provide working capital necessary for the operation of the Business, in amounts consistent with the
eGIX Operating Plan, subject to possible adjustments in the accounting treatment of certain expense items to conform to Buyer’s standard accounting practices. 
 (iii) Offer employment to Steven L. Johns (“Johns”) throughout the Earnout Period on the terms and subject to the conditions set
forth in Johns’ Employment Agreement unless Johns’ employment thereunder is terminated prior to the expiration of the Earnout Period for “cause” (as defined in Johns’ Employment Agreement) or due to a “terminating
disability” (as defined in Johns’ Employment Agreement) or due to the death or resignation of Johns. 
 (iv)
Calculate Business Revenue in a manner which is consistent with Sellers’ Previous Operations. 
 (v) After the
liquidation of Sellers, pay any amounts due to Sellers to the Sellers’ Liquidating Trust. 
 (vi) Buyer shall have the
right to offset any amounts due to Sellers under Section 1.5 herein for any claim made by Buyer pursuant to Article 7. 
 In the event
Buyer does not comply in any material respect with the terms of this Section 1.5(d), and Buyer fails to cure any such non-compliance within 60 days after receiving written notice from eGIX specifying such noncompliance, the Target Earnout
Consideration shall immediately be paid to Sellers, less the amount of any Earnout payments previously made by Buyer to Sellers. 
 Section 1.6 Closing. The closing of the transactions contemplated by this Agreement (the “Closing”) will take place at the offices of Barnes & Thornburg LLP, 11 South Meridian Street, Indianapolis,
Indiana 46204-3535, at 10:00 a.m., local time, on the last day of the calendar month in which all of the conditions precedent set forth in Article 5 of this Agreement have been fulfilled or waived, or at such other date or time as may mutually be
agreed by the Parties. 
 Section 1.7 Deliveries at Closing. 
 (a) At the Closing, Sellers and Subsidiaries will execute and/or deliver to Buyer (i) the Bill of Sale, general assignment and
assumption agreement in the form attached as Exhibit 1.7(a) (the “Bill of Sale”); and (ii) the various other agreements, certificates, instruments and documents referred to in Section 5.1. 
  

 6 

 (b) At the Closing, Buyer will execute and/or deliver to Sellers and Subsidiaries
(i) the Purchase Price (less an amount sufficient to pay all Funded Indebtedness in full accordance with Section 1.7(c)); (ii) the Bill of Sale; and (iii) the various other agreements, certificates, instruments and documents
referred to in Section 5.2. 
 (c) At or prior to the Closing (i) Sellers will provide Buyer with customary
pay-off letters from all holders of Funded Indebtedness and make arrangements for such holders to provide to Buyer appropriate releases of Encumbrances prior to the Closing, and (ii) Buyer will deliver to the holders of the Funded Indebtedness
an amount sufficient to repay all such Funded Indebtedness in full. “Funded Indebtedness” shall have the meaning as stated in Schedule 2.3(c) 
 (d) The Parties each agree, upon the reasonable request of the other, to take all such further actions and to execute and deliver all such
further documents on or after the Closing Date as may be necessary or appropriate to confirm or effectuate the transactions contemplated by this Agreement. 
 Section 1.8 Assumed Liabilities. At the Closing Buyer shall assume and agrees to timely discharge and perform the liabilities and obligations of Sellers and Subsidiaries described on Exhibit
1.8 as “Assumed Liabilities” (collectively, the “Assumed Liabilities”). Buyer does not assume or agree to discharge or perform the liabilities and obligations of Sellers or Subsidiaries described on Exhibit 1.8 as
“Excluded Liabilities” (collectively, the “Excluded Liabilities”). 
 Section 1.9 Purchase Price
Allocation. Sellers and Buyer shall use good faith efforts to establish, within thirty (30) days after the date hereof, a mutually agreeable preliminary allocation of the Purchase Price and Assumed Liabilities among the Purchased Assets,
which preliminary allocation shall include the tax and accounting principles, and proposed treatment of asset and liability categories, upon which the final allocation shall be based (the “Preliminary Purchase Price Allocation”). Within
forty-five (45) days after the Closing, Sellers and Buyer shall agree to a final allocation of the Purchase Price and Assumed Liabilities, which shall be consistent with the Preliminary Purchase Price Allocation (the “Final Purchase Price
Allocation”). Sellers and Buyer shall prepare and complete all of their respective Returns (including IRS Form 8594) on a basis consistent with the Final Purchase Price Allocation and shall not take a position before any Governmental Body that
is in any way inconsistent with the Final Purchase Price Allocation. 
 Section 1.10 Nonassignable Contracts and
Approvals. To the extent that any Applicable Contract or Governmental Authorization is not capable of being assigned, transferred, subleased or sublicensed without the consent or waiver of the issuer thereof or the other party thereto or any
third party, or if such assignment, transfer, sublease or sublicense (the “Assignment”) would constitute a breach thereof or a violation of any Legal Requirement, this Agreement shall not constitute any Assignment thereof or any attempted
Assignment thereof, unless and until such consent or waiver of such issuer or other party or parties has been duly obtained or such Assignment has otherwise become lawful. To the extent that any such consent or waiver does not constitute a condition
to the Closing as provided in Section 5.1 hereof, or if 

  

 7 

 
such consent or wavier does constitute a condition to the Closing but has been waived by Buyer, and such consent or waiver is not obtained by the Sellers
before the Closing, then after the Closing and until the impracticalities of Assignment are resolved, (i) the Sellers shall cause commercially reasonable efforts to provide or cause to be provided to Buyer the benefits of any such Applicable
Contract or Governmental Authorization, and (ii) Buyer shall use commercially reasonable efforts to perform the obligations of the Sellers arising under such Applicable Contract or Governmental Authorization. 
 ARTICLE 2 - REPRESENTATIONS AND WARRANTIES OF SELLERS 
 Sellers and Shareholders, jointly and severally, represent and warrant to Buyer as follows: 
 Section 2.1 Organization and Good Standing. Each Seller and each Subsidiary is a corporation or limited liability company duly organized and validly existing under the laws of the state of its incorporation or
organization, with all requisite corporate or limited liability company power and authority to conduct the Business as is now being conducted and to own or use the properties and assets that it purports to own or use. Each Seller and each Subsidiary
is duly qualified to do business as a foreign corporation or foreign limited liability company and is in good standing in each state or other jurisdiction in which either the ownership or use of the properties owned or used by it or the nature of
the activities conducted by it requires such qualification, except where the failure to be so qualified or in good standing would not have a Material Adverse Effect. Copies of the Organizational Documents have been made available to Buyer.

 Section 2.2 Capitalization; Ownership. 
 (a) The authorized capital stock, as well as the issued and outstanding stock, of each Seller is as set forth in Schedule 2.2(a) There are no other authorized classes or series of capital stock or other equity
securities of either Seller than as included in Schedule 2.2(a). All of the Shares were validly issued, are fully paid and nonassessable, and were not issued in violation of any preemptive or similar rights of any shareholder. No former or
current shareholder of either of the Sellers or any other Person has contested, is contesting or has a valid basis for contesting the ownership of any of the Shares. Except as set forth Schedule 2.2(a) there are no warrants, options, calls,
puts, rights of first refusal or first offer, registration rights, convertible Securities or other Securities or Contracts obligating either of the Sellers to issue or sell any shares of capital stock or otherwise restricting the sell or transfer of
any of the Shares. Shareholders collectively own, beneficially and of record, all of the Shares free and clear of all Encumbrances. 
 (b)
The authorized capital stock, as well as the issued and outstanding stock, of each Subsidiary is as set forth below: 
  

							
	 Name of Subsidiary
	  	 Share Description
	  	Authorized Shares	  	Outstanding Shares
	 @Link Networks, Inc.
	  	Common	  	1,000	  	1,000
				
	 eGIX Network Services of Virginia, Inc.
	  	Common	  	100,000	  	100,000

  

 8 

							
				
	 DSL Indiana Acquisitions, LLC
	  	Membership Interests	  	1,000	  	1,000

 There are no other authorized classes or series of capital stock or other equity securities of any Subsidiary.
Except as set forth above, neither Seller nor any Subsidiary owns or has any right to acquire any equity interest in any other Person. All of the shares of common stock or other equity securities of the Subsidiaries were validly issued, are fully
paid and nonassessable, and were not issued in violation of any preemptive or similar rights of any shareholder or member. No former or current shareholder or member of any Subsidiary or any other Person has contested, is contesting or has a valid
basis for contesting the ownership of any of the shares of capital stock or membership interests of any Subsidiary. There are no warrants, options, calls, puts, rights of first refusal or first offer, registration rights, convertible Securities or
other Securities or Contracts obligating any of the Subsidiaries to issue or sell any shares of capital stock or membership interests or otherwise restricting the sell or transfer of any shares of capital stock or membership interests of any
Subsidiary. eGIX owns, beneficially and of record, all of the outstanding capital units of DSL Indiana Acquisitions, LLC free and clear of all Encumbrances and ENS owns, beneficially and of record, all of the outstanding capital stock of eGIX
Network Services of Virginia, Inc. and @Link Networks, Inc. free and clear of all Encumbrances. 
 Section 2.3 Financial
Statements. 
 (a) Copies of the audited financial statements for the Sellers and the Subsidiaries at and for the fiscal
years ended December 31, 2004, 2005 and 2006, together with the notes thereto and the report thereon of Ent & Imler, independent certified public accountants, are attached to Schedule 2.3(a) (the “Financial
Statements”). Also attached to Schedule 2.3(a) are copies of the interim consolidated balance sheet and interim consolidated statements of income and cash flows of the Sellers and the Subsidiaries at and for the 9-month period ended
September 30, 2007, each prepared internally by the Sellers (the “Interim Financial Statements”). The Financial Statements present fairly in all material respects the financial condition of the Sellers and the Subsidiaries, on a
consolidated basis, at the dates indicated and the Sellers’ and the Subsidiaries’ consolidated results of operations for the periods then ended, all in accordance with GAAP (except as may be otherwise stated in the Financial Statements
including the notes thereto). The Interim Financial Statements present fairly in all material respects the financial condition of the Sellers and the Subsidiaries, on a consolidated basis, at and for the 9-month period ended September 30, 2007,
all in accordance with GAAP and consistent with the Sellers’ standard accounting practices with respect to interim financial statements, which practices conform in all material respects to the practices used to prepare the Financial Statements
(except as set forth in Schedule 2.3(a) and except for normal year-end adjustments and the absence of notes). 
 (b)
Not less than five (5) calendar days prior to the Closing Date, Sellers will provide to Buyer an interim consolidated balance sheet and interim 

  

 9 

 
consolidated statements of income and cash flows of the Sellers and the Subsidiaries at and for the period ended the most recent month-end prior to the
Closing Date for purposes of establishing eGIX’s EBITDA for the trailing 12-months then ended. Such interim financial statements will fairly present in all material respects the financial condition of Sellers and the Subsidiaries, on a
consolidated basis at and for the period ended at such month-end, all in accordance with Sellers’ standard financial practices with respect to interim financial statements, which practices will conform in all material respects to the practices
used to prepare the Financial Statements and the Interim Financial Statements (except as set forth on Schedule 2.3(a) and except for normal year-end adjustments and the absence of footnotes.) 
 (c) Schedule 2.3(c) sets forth the outstanding balance of all Funded Indebtedness of the Sellers and the Subsidiaries, which
includes all capital leases, and identifies the holders of such Funded Indebtedness. 
 Section 2.4 Books and Records. All
books of account, minute books, stock record books and other records of each Seller and each Subsidiary have been made available to Buyer, are complete and correct in all material respects, and have been maintained in accordance with sound business
practices. As of the Closing Date, all of these books and records will be in the possession of a Seller or a Subsidiary, as applicable. 
 Section 2.5 No Undisclosed Liabilities. Neither Seller nor any Subsidiary has any liability or obligation (whether known or unknown and whether absolute, accrued, contingent or otherwise) of a nature required under GAAP
to be recorded on financial statements, except for liabilities or obligations (a) reflected on, accrued for, reserved against or otherwise provided for in the Financial Statements or the Interim Financial Statements, (b) relating to
transactions disclosed in or contemplated by this Agreement (including the Disclosure Schedule) or (c) incurred in the Ordinary Course of Business since the date of the Interim Financial Statements that individually and in the aggregate have
not had and are not reasonably expected to have a Material Adverse Effect. 
 Section 2.6 Taxes. Except as set forth on
Schedule 2.6, all Returns required to be filed by either Seller or any Subsidiary for any period ending on or before the date of this Agreement have been filed within the times and in the manner prescribed by applicable Legal Requirements.
Each such Return is complete and accurate in all material respects and properly reflects all Taxes required to be reflected as due and owing thereon. Neither Seller nor any Subsidiary has requested an extension to file any Return that has not been
filed prior to the date hereof. Each Seller and each Subsidiary have paid, or caused to be paid, all Taxes reflected on such Returns as due and owing by them. To Sellers’ Knowledge there are no audits of or other Proceedings pending with
respect to any Returns, and no jurisdiction in which either Seller or any Subsidiary does not file a Return has made a claim that a Return be filed in its jurisdiction. Neither Seller nor any Subsidiary is a party to any Tax-sharing agreement or
similar arrangement that will survive the Closing. Sellers have made available to Buyer copies of (a) all Returns regarding all open years and any amendments thereto, (b) all audit or examination reports or written proposed adjustments
received from any Governmental Body during the last three years relating to any Return and (c) any closing agreements, extensions or statute of limitation waivers entered into by 

  

 10 

 
either Seller or any Subsidiary during the last three years with any Governmental Body regarding Taxes. All monies required to be collected, withheld and/or
remitted by each Seller and the Subsidiaries for any Taxes have been collected, withheld and/or remitted in accordance with applicable law. 
 Section 2.7 No Material Adverse Effect; Absence of Restricted Events. Since the date of the Interim Financial Statements, except as set forth on Schedule 2.7 or as is contemplated by this Agreement: (a) the
Sellers and the Subsidiaries have conducted their operations and affairs only in the Ordinary Course of Business; (b) no event has occurred that has had or is reasonably expected to have a Material Adverse Effect; and (c) no Restricted
Event has occurred. 
 Section 2.8 Employees; Labor Relations. 
 (a) Schedule 2.8 sets forth the following information for each employee of each Seller and each Subsidiary: name; hire date; job
title; current compensation paid or payable; FLSA exempt or nonexempt status; vacation or other paid time off accrued; state in which employed and (if different) state of residence; and service credited for purposes of vesting and eligibility to
participate under any Employee Benefit Plan. 
 (b) Except as set forth on Schedule 2.8, neither Seller nor any
Subsidiary is a party to any collective bargaining or other similar labor Contract and to Sellers’ Knowledge there is no pending application for certification of a collective bargaining agent. 
 (c) Except as set forth on Schedule 2.8, the Sellers and the Subsidiaries have complied with all Legal Requirements relating to
employment, termination of employment, leaves of absence, equal employment opportunity, nondiscrimination, accommodation of disabilities, affirmative action, immigration, child labor, wages, hours, benefits, collective bargaining, the payment of
social security, unemployment and similar Taxes, other payroll Taxes, occupational safety and health, workers’ compensation and plant closing or layoffs, except for failures to comply with such Legal Requirements that would not reasonably be
expected to have a Material Adverse Effect. 
 (d) Except as set forth on Schedule 2.8, neither Seller nor any
Subsidiary is a party to any written or, to Sellers’ Knowledge, oral Contract with any present or former director, officer, employee or consultant with respect to length, duration, terms or conditions of employment or independent contractor
status that is not terminable by a Seller or a Subsidiary, as applicable, on thirty days’ or less notice without liability resulting from such termination. 
 Section 2.9 Employee Benefit Plans. 
 (a) Identification. Schedule
2.9(a) contains a complete and accurate list of all Employee Benefit Plans. Sellers have provided to Buyer copies of all plan documents, determination letters, pending determination letter applications, trust instruments, insurance contracts,
administrative services contracts, annual 

  

 11 

 
reports and all schedules thereto, actuarial valuations, summary plan descriptions, summaries of material modifications, administrative forms and other
documents that constitute a part of or are incident to the administration of the Employee Benefit Plans. In addition, Sellers have provided to Buyer a written description of all existing practices engaged in by any of the Sellers or the Subsidiaries
that constitute Employee Benefit Plans. Subject to the requirements of the Code and ERISA, each of the Employee Benefit Plans can be terminated or amended at will by the Sellers or the Subsidiaries with no penalty, acceleration of vesting (other
than as required by Section 411(d)(3) of the Code in connection with a termination or partial termination of any plan intended to qualify under Section 401 (a) of the Code) or required payment. No unwritten amendment exists with
respect to any Employee Benefit Plan. 
 (b) Administration. Each Employee Benefit Plan has been administered and maintained
in compliance with its terms and with all applicable Legal Requirements. The Sellers and the Subsidiaries have made all necessary filings, reports and disclosures with respect to all applicable Employee Benefit Plans. 
 (c) Examinations. None of the Sellers nor the Subsidiaries have received any notice that any Employee Benefit Plan is currently the
subject of an audit, investigation, enforcement action or other similar proceeding conducted by any Government Body and no such audit, investigation, action or proceeding is threatened. 
 (d) Prohibited Transactions. No prohibited transactions (within the meaning of Section 4975 of the Code or Sections 406 and 407 of
ERISA) have occurred with respect to any Employee Benefit Plan, and none of the Sellers, the Subsidiaries or the Sellers have engaged in any prohibited transaction. 
 (e) Claims and Litigation. No pending or threatened, claims, suits or other proceedings exist with respect to any Employee Benefit Plan
other than routine benefit claims filed by participants or beneficiaries. No assets of Sellers nor any member of a controlled group of businesses (within the meaning of Section 412(n)(6)(B) of the Code) in which any of the Sellers is a member
(a “Controlled Group”) are subject to a lien with respect to any Employee Benefit Plan under applicable provisions of the Code and ERISA. 
 (f) Qualification. Each Employee Benefit Plan intended to qualify under Section 401(a) of the Code is and, since its inception, has been so qualified and a determination letter, opinion notification, or
advisory letter has been issued by the IRS to the effect that each such Employee Benefit Plan is so qualified and that each trust forming a part of any such Employee Benefit Plan is exempt from tax pursuant to Section 501(a) of the Code
and no circumstances exist which would adversely affect such qualification or exemption. No Employee Benefit Plan is funded by a trust described in Section 501(c)(9) of the Code. 
  

 12 

 (g) Funding Status. All payments required by any Employee Benefit Plan or by any
agreement or by law (including, without limitation, all contributions, insurance premiums and inter-company charges) with respect to all periods through the Closing Date shall have been made prior to the Closing Date (on a pro-rata basis where such
payments are otherwise discretionary at year end). None of the Sellers nor the Subsidiaries have any unfunded or underfunded liabilities pursuant to any Employee Benefit Plan that is not intended to be qualified under Section 402(a) of the
Code, except as otherwise reflected in the Financial Statements. 
 (h) Excise Taxes. None of the Sellers nor any member of a
Controlled Group with any of the Sellers has any liability, direct or indirect, to pay excise taxes with respect to any Employee Benefit Plan under applicable provisions of the Code or ERISA. 
 (i) Multi-Employer Retirement Plans. None of the Sellers nor any member of a Controlled Group with any of the Sellers is or ever has been
obligated to contribute to a Multi-Employer Retirement Plan and during the last six years has not incurred any withdrawal liability. 
 (j) PBGC. None of the Employee Benefit Plans is subject to the requirements of Section 302 or Title IV of ERISA or Section 412 of the Code. 
 (k) Retirees. Except as set forth in Schedule 2.9(k) none of the Sellers nor any of the Subsidiaries have any obligation or
commitment to provide medical, dental, life or other welfare insurance benefits to or on behalf of any of its employees who may retire or terminate employment or any of its former employees who have retired or terminated employment except as may be
required pursuant to the continuation of coverage provisions of Section 4980B of the Code and Sections 601 through 608 of ERISA. No event, circumstance or condition exists that would prevent or hinder the Sellers or any of the Subsidiaries from
unilaterally amending or terminating the Employee Benefit Plans without penalty or liability. 
 (1) No Commitments. There is
no plan or commitment, whether legally binding or not, to establish any new Employee Benefit Plan, or to modify or to terminate any Employee Benefit Plan (except to the extent required by law or as required by this Agreement), nor has any intention
to do any of the foregoing been communicated to any employee of the Sellers or the Subsidiaries. 
 (m) No Acceleration and No
Excess Parachute Payment. Except as required in connection with qualified plan amendments required by tax law changes, the vesting of accrued benefits under any Employee Benefit Plan intended to qualify under Section 401 (a) of the Code as
a result of termination of that plan or as disclosed on Schedule 2.9(m), the consummation of the transactions contemplated by this Agreement will not: (1) accelerate the time of payment or vesting, or increase the amount, of compensation
due to any 

  

 13 

 
employee, officer, former employee or former officer of the Sellers or the Subsidiaries; or (2) result in the triggering or imposition of any
restrictions or limitations on the right of the Sellers and the Subsidiaries or the Buyer to amend or terminate any Employee Benefit Plan. No amount that will be received (whether in cash or property or vesting of property), or benefit provided to,
any officer, director or employee of the Sellers or the Subsidiaries who is a “disqualified individual” (as such term is defined in proposed Treasury Regulation 1.280G-1) under any employment, severance or termination agreement, other
compensation arrangement or benefit plan currently in effect as a result of the transactions contemplated by this Agreement will be an “excess parachute payment” (as such term is defined in section 280G(b)(l) of the Code) solely as a
result of the transactions contemplated by this Agreement; and no such person is entitled to receive any additional payment from the Sellers or the Subsidiaries in the event that the excise tax of Section 4999(a) of the Code is imposed on such
person. 
 (n) COBRA. With respect to each Employee Benefit Plan that provides healthcare coverage, the Sellers and the
Subsidiaries have complied with: (a) the applicable healthcare continuation and notice provisions of the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), and the applicable COBRA regulations; and
(b) the applicable requirements of the Health Insurance Portability and Accountability Act of 1996 and the regulations thereunder. None of the Sellers nor the Subsidiaries have incurred any liability under Sections 4980B or 4980C of the Code.

 (o) 409A Compliance. Each Employee Benefit Plan that is a “nonqualified deferred compensation plan” (as defined
under Section 409A(d)(l) of the Code) complies with and has been operated and administered in good faith compliance with the applicable requirements of Section 409A of the Code, including any regulations promulgated in proposed or final
form and other guidance issued thereunder (“409A Requirements”) from the period beginning January 1, 2005 through the date hereof (or, if earlier, December 31, 2007), and from and after January 1, 2008, in compliance with
the final regulations issued thereunder. To the extent amounts were deferred and vested (as defined under Section 409A) under any such plan prior to January 1, 2005, the plan under which the deferral is made either: (a) has not been
materially modified since October 2, 2004; or (b) has been operated in compliance with the 409A Requirements and will be amended consistent with the 409A Requirement on or before the Closing (or, if earlier, December 31, 2007).

 Section 2.10 Leased Real Property and Co-Location Facilities. 
 (a) Schedule 2.10 lists all leases of real property by either Seller or any Subsidiary including (i) corporate offices in
Carmel, Indiana, (ii) caged equipment site in Indianapolis, Indiana, (iii) offices in Bloomington, Indiana, (iv) equipment sites located in Champaign, Illinois, (v) various central office co-location facilities and
(vi) various warehouse and equipment sites (individually a 

  

 14 

 
“Real Property Lease” and collectively the “Real Property Leases,” and with respect to the underlying real property the “Leased Real
Property”). Sellers have made available to Buyer a copy of each Real Property Lease. Neither Seller nor any Subsidiary owns any real property. 
 (b) The Sellers and Subsidiaries’ use and enjoyment of the premises and operation of the Business under the Real Property Leases conform in all material reports to applicable zoning codes, ordinances, regulations
and laws. To Sellers’ Knowledge, the premises under the Real Property Leases are not encumbered by any outstanding building orders and do not violate any subdivision, safety, health, accessibility, or other codes, ordinances, rules and
regulations of city, county, state and/or federal authorities. To Sellers’ Knowledge, there does not exist any condition or circumstance that would have a Material Adverse Effect on the continued use and enjoyment of the premises and operation
of the Business by Buyer after the Closing in the manner currently used and operated by the Seller and the Subsidiaries. 
 Section 2.11 Personal Property. Schedule 2.11 includes a list of all tangible personal property (other than inventory) owned by either Seller or any Subsidiary that has a current book value in excess of $10,000
(the “Owned Personal Property”), all of which is owned free and clear of all Encumbrances except as set forth on Schedule 2.11. Except as set forth on Schedule 2.11, all Owned Personal Property will be in the possession of a
Seller or a Subsidiary on the Closing Date. Schedule 2.11 sets forth a list of personal property leased by or to either Seller or any Subsidiary with aggregate lease payments during the remaining term of the lease in excess of $10,000 (each a
“Personal Property Lease”). Sellers have made available to Buyer a copy of each Personal Property Lease. 
 Section 2.12 Condition of Tangible Purchased Assets. Except as set forth in Sections 2.10 and 2.11, all of the tangible Purchased Assets will be transferred to Buyer on an “AS IS, WHERE IS” basis.
SELLERS MAKE NO, AND EXPRESSLY DISCLAIM ANY, WARRANTY, EXPRESS OR IMPLIED, WITH RESPECT TO THE TANGIBLE PURCHASED ASSETS, INCLUDING ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 
 Section 2.13 Disputes; Litigation. 
 (a) Except as set forth on Schedule 2.13, there is no Proceeding or Order pending or, to Sellers’ Knowledge threatened, against either Seller or any Subsidiary or any of their respective assets or
properties that would reasonably be expected to have a Material Adverse Effect or prevent or delay the timely consummation of the transactions contemplated by this Agreement. 
 (b) Schedule 2.13 includes detail of unresolved and actively disputed charges assessed against Seller by telecommunications services vendors for
the specific listed telecommunications services (“Disputes”). Sellers are responsible to pursue the resolution of Disputes prior to Closing, provided that Sellers shall not agree to any resolution that imposes any 

  

 15 

 
liability or obligation on Buyer after the Closing without Buyer’s prior written approval, which approval may be granted or withheld in Buyer’s
sole discretion. 
 Section 2.14 Authorization and Enforceability; No Conflicts with Other Instruments or Proceedings

 (a) Sellers have full power and authority to enter into and perform this Agreement and to carry out the transactions
contemplated by this Agreement. This Agreement is binding upon each Seller and is enforceable against each Seller in accordance with its terms. Schedule 2.14(a) is a copy of the resolutions of the Board of Directors and shareholders of each
of Sellers authorizing this Agreement. 
 (b) Except as set forth on Schedule 2.14(b), the execution, delivery and
performance of this Agreement and the consummation of the transactions contemplated by this Agreement will not (i) contravene the Organizational Documents; (ii) result in a breach of, or constitute a default under, or result in the early
termination of any Material Contract, except for any such breach or default that would not reasonably be expected to have a Material Adverse Effect; (iii) violate any Legal Requirement or Order applicable to any Seller, either Seller or any
Subsidiary; or (iv) result in any Encumbrance being created or imposed upon any of the property or assets owned, leased or used by either Seller or any Subsidiary that are material to the Business. 
 Section 2.15 Material Contracts. Schedule 2.15 lists each Material Contract to which either Seller or any Subsidiary is a
party. Each Material Contract is in full force and effect and is valid and enforceable against each of the parties thereto in accordance with its terms (regardless of whether Sellers’ copy of any such Material Contract made available to Buyer
is missing one or more signatures of the parties thereto). Each Seller and each Subsidiary, as applicable, and to Sellers’ Knowledge each other party to each Material Contract, is in compliance with the terms of such Material Contract, except
for any noncompliance that has not had and would not reasonably be expected to have a Material Adverse Effect. To Sellers’ Knowledge, no event has occurred which, with the giving of notice or lapse of time or both, would constitute a default
under any Material Contract and no party to any Material Contract has threatened not to fulfill its obligations thereunder through the scheduled term of such Material Contracts. Copies of each Material Contract have been made available to Buyer.

 Section 2.16 Intellectual Property. Schedule 2.16 sets forth all patents, trademarks, trade names, service
marks, service names, domain names, copyrights and applications therefor (collectively “Intellectual Property Assets”) that are presently owned, licensed or used by either Seller or any Subsidiary in the Business. Schedule 2.16 sets
forth all licenses and agreements pertaining to Intellectual Property Assets that are presently licensed from any third party as well as all licenses and agreements pertaining to Intellectual Property Assets that are presently licensed to any third
party. To Seller’s Knowledge, there is no infringement of or unlawful use by any Person of any of the Intellectual Property Assets of either Seller or any Subsidiary. To Sellers’ Knowledge, (i) neither Seller nor any Subsidiary has
infringed or unlawfully used any Intellectual Property Assets of any other Person, and, (ii) the Business, as presently conducted, 

  

 16 

 
does not infringe or unlawfully use any Intellectual Property Assets of any other Person. None of the Intellectual Property Assets of either Seller or any
Subsidiary is subject to any pending or, to Sellers’ Knowledge, threatened Proceeding or to any outstanding Order restricting the use of such Intellectual Property Assets by either Seller or any Subsidiary. 
 Section 2.17 Insurance. Sellers have made available to Buyer a list of all material policies of liability, errors and omissions,
crime, fidelity, life, fire, product liability, workers’ compensation, health, director and officer liability and other forms of insurance owned, maintained by or covering each Seller and each Subsidiary. The present insurance coverage of the
Sellers and the Subsidiaries will remain in effect through the Closing Date. 
 Section 2.18 Certain Relationships. Except
as disclosed in Schedule 2.18, no Seller nor any Affiliate of any Seller (other than a Seller or a Subsidiary) is a party to any Material Contract. 
 Section 2.19 Environmental Matters. Except as set forth on Schedule 2.19 or in any environmental reports or surveys obtained or to be obtained by Buyer: 
 (a) The Sellers and the Subsidiaries are in compliance with all applicable Environmental Legal Requirements, except where the failure to
comply has not had and would not reasonably be expected to have a Material Adverse Effect. 
 (b) Neither Seller nor any
Subsidiary is subject to any existing, pending or threatened Environmental Liability that has had or would reasonably be expected to have a Material Adverse Effect. 
 (c) None of the Leased Real Property is listed on any list of contaminated sites maintained under any applicable Environmental Legal
Requirement. None of the Leased Real Property is subject to any enforcement action under any Environmental Legal Requirement. The Leased Real Property is free from the presence of any Hazardous Substance in, on or under the air, soil, groundwater or
surface water, in a quantity or concentration in violation of applicable Environmental Legal Requirements, except for any such violation that has not had and would not reasonably be expected to have a Material Adverse Effect. No underground storage
tanks, receptacles or other similar containers or depositories are present on the Leased Real Property. Neither Seller nor any Subsidiary has disposed of any Hazardous Substance on the Leased Real Property in violation of applicable Environmental
Legal Requirements, except for any such violation that has not had and would not reasonably be expected to have a Material Adverse Effect. 
 Section 2.20 Governmental Authorizations and Regulatory Approval. 
 (a) All Governmental
Authorizations necessary for each Seller and each Subsidiary to carry on the Business as presently conducted are identified on Schedule 2.20 and are in full force and effect, except where the failure to obtain such permits, licenses or
approvals or the failure of such permits, licenses or 

  

 17 

 
approvals to be in full force and effect has not and would not reasonably be expected to have a Material Adverse Effect. All fees and charges incident to the
Governmental Authorizations disclosed on Schedule 2.20 have been paid, except where the failure to pay has not and would not reasonably be expected to have a Material Adverse Effect, and are current and to Sellers’ Knowledge no
suspension or cancellation of any Governmental Authorization has been threatened or would be reasonably expected to result by reason of the transactions contemplated by this Agreement. Each Seller and each Subsidiary are presently, and during all
applicable limitations periods have been, in compliance with all Legal Requirements, except where the failure to comply has not had and would not reasonably be expected to have a Material Adverse Effect. 
 (b) The Sellers and the Subsidiaries are telecommunications carriers as defined by the Federal Telecommunications Act of 1996, P.L.
No. 104-104, 110 Stat. 56 (1996) and are subject to regulation as a “telecommunications carrier”, “telephone company” or “public utility” by state agencies, including the Indiana Utility Regulatory Commission,
the California Public Utilities Commission, the Illinois Commerce Commission, the Maryland Public Service Commission, the New York State Public Utilities Commission, the Virginia State Corporation Commission, and the District of Columbia Public
Service Commission. All certificates with all states except Indiana and Illinois will be revoked effective within thirty (30) days after the Closing Date. Certain transactions and related matters contemplated by this Agreement will be submitted
to appropriate regulatory agencies, including the Indiana Utility Regulatory Commission and the Illinois Commerce Commission and the Federal Communications Commission, for such orders and approvals as are required by Legal Requirements
(“Regulatory Approvals”) within thirty (30) days of the Closing Date. 
 (c) Except as described in this
Section 2.20 or set forth on Schedule 2.20, no consent, approval or authorization of or filing with any Governmental Body is required in connection with Sellers’ execution, delivery or performance of this Agreement or
Sellers’ consummation of the transactions contemplated by this Agreement. 
 (d) Sellers make no representation or
warranty with respect to, and will not be responsible for, any failure of either Seller or any Subsidiary to have any required Governmental Authorizations with respect to any period following the Closing, and Buyer will be solely responsible
therefor. 
 Section 2.21 Bank Accounts. Sellers have made available to Buyer a list of the names, account numbers and
locations of all banks and other financial institutions at which either Seller or any Subsidiary has any accounts or safe deposit boxes and the names of all persons authorized to draft on, or have access to, such accounts. 
  

 18 

 Section 2.22 Product and Service Warranties and Liabilities. Sellers have provided to
Buyer a copy of each Seller’s and each Subsidiary’s standard written product and service warranties applicable to the products and services sold within the preceding three years. Except as set forth in Schedule 2.22, there is no
Proceeding pending or, to Sellers’ Knowledge threatened, against either Seller or any Subsidiary under any such warranty, except for any such Proceedings that arise in the Ordinary Course of Business. 
 Section 2.23 No Broker’s Fees. No Seller nor anyone acting on a Seller’s behalf has incurred any liability or obligation to
pay fees or commissions to any broker, finder or agent with respect to the transactions contemplated by this Agreement for which Buyer, either Seller or any Subsidiary will be liable. Sellers shall be solely responsible for all amounts due Waller
Capital Partners in connection with the transactions contemplated by this Agreement. 
 Section 2.24 No Other Representations
or Warranties. Sellers have not made nor will be deemed to have made any representation or warranty other than as expressly set forth in this Article 2. Without limiting the generality of the foregoing, Sellers specifically make no
representation or warranty with respect to (a) any projections, estimates or budgets delivered to or made available to Buyer or its Representatives at any time with respect to future revenues, expenses or expenditures or future results of
operations or (b) except as expressly covered by a representation and warranty contained in this Article 2, any other information or documents (financial or otherwise) made available to Buyer or its Representatives before or after the
date of this Agreement including that certain Confidential Information Memorandum dated as of May 2007 prepared by Waller Capital Partners and delivered to Buyer or its Representatives by Sellers or their Representatives or any similar information
memoranda. 
 ARTICLE 3 - REPRESENTATIONS AND WARRANTIES OF BUYER 
 Buyer represents and warrants to Sellers as follows: 
 Section 3.1 Organization and Standing of Buyer. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the state of Delaware. 
 Section 3.2 Authorization and Enforceability. Buyer has full corporate power and authority to enter into this Agreement and to carry
out the transactions contemplated by this Agreement. This Agreement is binding upon Buyer and is enforceable against Buyer in accordance with its terms. The execution, delivery and performance of this Agreement and the consummation of the
transactions contemplated by this Agreement will not (i) contravene the organizational documents of Buyer, or (ii) violate any Legal Requirement or Order applicable to Buyer. 
 Section 3.3 Available Funds. Buyer has readily available to it committed funds sufficient to allow it to consummate the transactions
contemplated by this Agreement on a timely basis. 
 Section 3.4 Buyer’s Investigation and Knowledge. Buyer
acknowledges that it has had access to the books, records and business operations of each Seller and each Subsidiary. Buyer does not have actual knowledge of any fact or circumstance which makes, or which would 

  

 19 

 
reasonably be expected to render, inaccurate any of the representations or warranties made by Sellers in this Agreement. 
 Section 3.5 No Broker’s Fees. Neither Buyer nor anyone acting on Buyer’s behalf has incurred any liability or obligation to
pay fees or commissions to any broker, finder or agent with respect to the transactions contemplated by this Agreement for which any Seller will be liable. 
 ARTICLE 4 - COVENANTS AND AGREEMENTS 
 The Parties covenant and agree as follows: 
 Section 4.1 Conduct Pending the Closing. From the date of this Agreement to the Closing Date: 
 (a) Sellers will cause the Sellers and the Subsidiaries to conduct their operations only in the Ordinary Course of Business (except as
contemplated by or disclosed in this Agreement or the Disclosure Schedule); 
 (b) Sellers will preserve intact the present
business organization, personnel and goodwill of the Sellers and the Subsidiaries; and 
 (c) Neither Sellers, neither Seller
nor any of the Subsidiaries will, without the prior written consent of Buyer, (i) enter into any negotiations, discussions or agreements contemplating or respecting the acquisition of either Seller or any Subsidiary by any Person other than
Buyer, whether through a sale of stock, a merger or consolidation, the sale of all or substantially all of the properties or assets of either Seller or any Subsidiary, any type of recapitalization or otherwise, or (ii) take any action that
would constitute a Restricted Event. 
 Section 4.2 Access by Buyer. From the date of this Agreement to the Closing Date,
Sellers will give Buyer and its Representatives full reasonable access, including without limitation for the purpose of testing equipment and systems and conducting any environmental investigation deemed appropriate by Buyer, to the properties,
Contracts, books, records and other documents and data of each Seller and their respective Subsidiaries, as well as certain personnel, upon advance notice to Sellers, of the Sellers and the Subsidiaries. Buyer (a) will conduct itself in a
manner that does not unreasonably interfere with the normal operations and employee relationships of the Sellers and the Subsidiaries, provided that Buyer shall be given sufficient access, including during normal business hours, to develop and
complete proper integration planning to its reasonable satisfaction prior to Closing, and (b) will hold, and will cause its Representatives to hold, any information concerning the Business, the Sellers, or the Subsidiaries in strict confidence
in accordance with the confidentiality agreement between the Parties dated May 25, 2007. 
 Section 4.3 Notice of Breach
or Failure of Condition. Each Party will give prompt notice to the other of the occurrence of any event or the failure of any event to occur that might preclude or interfere with the timely satisfaction of any condition precedent to the
obligations of 

  

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either Party under this Agreement or the timely consummation of the transactions contemplated by this Agreement. Unless the Party receiving such notice has
the right to terminate this Agreement pursuant to Section 6.1 by reason of such development and timely exercises that right, any such notice relating to a breach of a representation or warranty set forth in Article 2 or Article
3 will be deemed to cure any breach that otherwise might have existed by reason of that development and, with respect to Article 2, will be deemed to amend and supplement the Disclosure Schedule as if originally disclosed therein.

 Section 4.4 Publicity. From the date of this Agreement to the Closing Date, no Party will issue any press release or
otherwise make any public statements or announcement concerning this Agreement or the transactions contemplated by this Agreement without the prior written consent of the other Parties. Notwithstanding the foregoing, no Party will be prevented at
any time from furnishing any required information to any Governmental Body or from complying with that Party’s Legal Requirements. 
 Section 4.5 Reasonable Efforts. Each Party will use its reasonable efforts to obtain all Governmental Authorizations and all consents, approvals and authorizations of other Persons necessary for the timely consummation of
the transactions contemplated by this Agreement. Each Party will cooperate fully with the other Party in promptly seeking to obtain all such Governmental Authorizations and other consents, approvals and authorizations. Each Party will take all other
actions and do, or cause to be done, all other things necessary, proper or advisable to consummate as promptly as practicable the transactions contemplated by this Agreement. 
 Section 4.6 Shareholders’ Representative. 
 (a) Shareholders hereby irrevocably make, constitute and appoint Steven L. Johns (in his capacity under this Section 4.6, the
“Shareholders’ Representative”) as their true and lawful attorney-in-fact with full power of substitution to do on behalf of Shareholders any and all things and execute any and all documents which may be necessary, convenient or
appropriate to facilitate the consummation of the transactions contemplated by this Agreement and the other Transaction Documents, including: (i) receiving and disbursing payments to be made hereunder; (ii) receiving notices and
communications pursuant to this Agreement and the other Transaction Documents; (iii) administrating this Agreement and the other Transaction Documents, including the resolution of any disputes or claims; (iv) resolving, settling or
compromising claims for indemnification asserted against Shareholders pursuant to Article 7; (v) agreeing to waivers of conditions and obligations under this Agreement and the other Transaction Documents; and (vi) asserting claims
for indemnification under Article 7 and resolving, settling or compromising any such claim. 
 (b) In the event that
Shareholders’ Representative, with the advice of counsel, is of the opinion that he requires further authorization or advice from Shareholders on any matters concerning this Agreement, Shareholders’ Representative is entitled to seek such
further authorization from Shareholders prior to acting on their behalf. In such event and on any other matter requiring or permitting Shareholders to vote in this Section 4.6, each Shareholder will have a 

  

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number of votes equal to the Shares owned by that Shareholder immediately prior to Closing and the authorization of a majority of such Shares will be binding
on all Shareholders and will constitute authorization by Shareholders. 
 (c) Buyer will be fully protected in dealing with
Shareholders’ Representative with respect to this Agreement, the other Transaction Documents and the transactions contemplated by this Agreement and may rely upon the authority of Shareholders’ Representative to act as the agent of
Shareholders for all purposes under this Agreement, the other Transaction Documents and the transactions contemplated hereby and thereby. Any payment by Buyer to Shareholders’ Representative under this Agreement or any other Transaction
Document will be considered a payment by Buyer to the Shareholders. The appointment of Shareholders’ Representative is coupled with an interest and will be irrevocable by any Shareholder in any manner or for any reason. This power of attorney
will not be affected by the disability or incapacity of the principal pursuant to any applicable Legal Requirement. 
 (d) Any
Shareholders’ Representative may resign from his capacity as a Shareholders’ Representative at any time by written notice delivered to the other Shareholders and to Buyer. If at any time there is no person acting as a Shareholders’
Representative for any reason, Shareholder will promptly designate a new Shareholders’ Representative and promptly notify Buyer in writing of such determination. Following the time that Buyer is notified that there is no Shareholders’
Representative and until such time as a new Shareholders’ Representative is designated as provided herein and Buyer is so notified in writing, Shareholders will collectively act as Shareholders’ Representative, with decisions made in the
manner specified in Section 4.6(b). 
 (e) Mr. Johns, as the initial sole Shareholders’ Representative,
acknowledges that he has carefully read and understands this Agreement, hereby accepts such appointment and designation, and represents that he will act in his capacity as Shareholders’ Representative in strict compliance with and conformance
to the provisions of this Agreement and the other Transaction Documents. 
 (f) Shareholders’ Representative will not be
liable to Shareholder for any error of judgment, or any act done or step taken or omitted by him in good faith or for any mistake in fact or Legal Requirement, or for anything that he may do or refrain from doing in connection with this Agreement or
the other Transaction Documents, except for his own bad faith or willful misconduct. Shareholders’ Representative may seek the advice of legal counsel in the event of any dispute or question as to the construction of any of the provisions of
this Agreement or the other Transaction Documents or his duties hereunder or thereunder, and except as otherwise set forth in this Agreement or the other Transaction Documents, as a Shareholder, he will incur no liability to Shareholders and will be
fully protected with respect to any action taken, omitted or suffered by him in good faith in accordance with the opinion of such counsel. 
  

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 (g) Any expenses incurred by Shareholders’ Representative in connection with the
performance of his duties under this Agreement (including any fees and expenses of legal counsel retained by Shareholders’ Representative) will not be the personal obligations of Shareholders’ Representative but will be payable and will be
promptly paid or reimbursed by Shareholders, pro rata in accordance with their respective ownership in the Sellers. 
 Section 4.7 Steven L. Johns as Sellers’ and Subsidiaries’ Representative. 
 (a) Sellers
and Subsidiaries hereby irrevocably make, constitute and appoint Steven L. Johns (in his capacity under this Section 4.7, the “Sellers’ Representative”) as their true and lawful attorney-in-fact with full power of substitution to
do on behalf of Sellers and Subsidiaries any and all things and execute any and all documents which may be necessary, convenient or appropriate to facilitate the consummation of the transactions contemplated by this Agreement and the other
Transaction Documents, including: (i) receiving and disbursing payments to be made hereunder; (ii) receiving notices and communications pursuant to this Agreement and the other Transaction Documents; (iii) administrating this
Agreement and the other Transaction Documents, including the resolution of any disputes or claims; (iv) resolving, settling or compromising claims for indemnification asserted against Sellers or Subsidiaries pursuant to Article 7;
(v) agreeing to waivers of conditions and obligations under this Agreement and the other Transaction Documents; and (vi) asserting claims for indemnification under Article 7 and resolving, settling or compromising any such claim.

 (b) Buyer will be fully protected in dealing with Mr. Johns with respect to this Agreement, the other Transaction
Documents and the transactions contemplated by this Agreement and may rely upon the authority of Mr. Johns to act as the agent of Sellers and Subsidiaries for all purposes under this Agreement, the other Transaction Documents and the
transactions contemplated hereby and thereby. Any payment by Buyer to eGIX or its Liquidating Trust under this Agreement or any other Transaction Document will be considered a payment by Buyer to the Sellers and Subsidiaries. The appointment of
Mr. Johns is coupled with an interest and will be irrevocable by Sellers and Subsidiaries in any manner or for any reason. This power of attorney will not be affected by the disability or incapacity of the principal pursuant to any applicable
Legal Requirement. 
 Section 4.8 Escrow Agreement. Effective as of the Closing, Sellers will fund or cause to be funded
out of the Cash Purchase Price a post-closing indemnification escrow in the amount of $500,000 (together with interest and earnings thereon, the “Escrow Fund”) for the benefit of Buyer to be held by Key Bank (“Escrow Agent”) in
accordance with the provisions of an escrow agreement in the form attached as Exhibit 4.8 (the “Escrow Agreement”). The Escrow Fund shall be distributed as follows (and Buyer, Sellers and Shareholders agree jointly to instruct the Escrow
Agent accordingly): 
  

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 (a) if after the Closing, Buyer is entitled to receive indemnification in accordance with
Article 7 hereof (an “Indemnification Claim”), then Buyer shall be entitled to withdraw the amount of such Indemnification Claim(s) from the Escrow Fund; 
 (b) on the first anniversary of the Closing, the Escrow Agent shall release to the Sellers’ Liquidating Trust any amounts then held
in the Escrow Fund in excess of (x) $250,000 plus (y) an amount sufficient to satisfy any then-pending Indemnification Claim(s) previously asserted by Buyer; and 
 (c) on the earlier of (i) the date that Buyer and Sellers have determined that the First Period Hurdle has been met, and provided
that the resulting Earn Out payment is greater than $250,000 plus an amount sufficient to satisfy any then-pending Indemnification Claim(s) previously asserted by Buyer, and (ii) April 30, 2009 (the expiration date of Sellers’ and
Shareholders’ representations and warranties), the Escrow Agent shall distribute to the Sellers’ Liquidating Trust the remaining balance of the Escrow Fund. 
 Section 4.9 Certain Tax Prorations. Liability of Sellers and Subsidiaries for any real and tangible personal property taxes and assessments, general and special, for the 2007 and 2008 tax years
shall be equal to the amount of such property taxes for each year multiplied by a fraction, the numerator of which is the number of days in each year that precede the Closing Date and the denominator of which is 365 days. Liability for the remainder
of such taxes and assessments shall be borne by Buyer. All tax pro-rations shall be based on tax rates and assessments for 2007 and 2008 unless such rates and/or assessments are unavailable. If either the tax rates or the tax assessments for 2007 or
2008 are not available, then such pro-ration shall be made based upon the tax rates and assessments for the prior year (or if only the assessed value for 2007 or 2008 is known, then based on the prior year’s tax rates and the current
year’s assessed value), and shall be adjusted by a cash payment between Sellers and Buyer after the Closing as soon as such rates and assessments for 2007 and 2008 are available. To the extent such property taxes and assessments have already
been paid for the 2007 or 2008 tax years prior to the Closing Date, Buyer shall pay to the Sellers an amount of money equal to Buyer’s pro-rated portion at Closing. To the extent that such taxes and assessments have not been paid prior to the
Closing Date, Sellers’ pro-rated portion will be withheld from the Purchase Price paid at Closing. Buyer shall thereafter pay all such taxes and assessments to the taxing authority when due and shall provide to Sellers proof of such payment
upon request. 
 Section 4.10 Accounts Receivable Management. Buyer and Sellers acknowledge that Closing Net Working
Capital will include any accounts receivable of Sellers or Subsidiaries that are less than 90 days old as of the Closing Date together with all accounts receivables from customers currently using the Sellers’ services that are aged ninety
(90) days or greater (the “Accounts Receivables”). The only accounts receivables that will not be transferred from Sellers to Buyer at Closing will be the receivables that are aged ninety (90) days or greater and due from
customers of Sellers that are no longer using the Sellers’ services. Sellers will deliver to Buyer, within thirty (30) days after the Closing, a complete list of all such aged ninety (90) days or greater receivables that have been
retained by Sellers. Sellers will retain a third-party unrelated 

  

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collection agency to collect the accounts receivables that are not delivered by Sellers to Buyer at Closing. 
 ARTICLE 5 - CONDITIONS TO OBLIGATION TO CLOSE 
 Section 5.1 Conditions to Obligation of Buyer. Buyer’s obligation to purchase the Purchased Assets and to take the other actions required to be taken by Buyer at the Closing is subject to the satisfaction, at or
before the Closing, of each of the following conditions (any of which may be waived by Buyer, in whole or in part): 
 (a) The
representations and warranties set forth in Article 2 of this Agreement, individually and collectively, must have been accurate in all material respects as of the date of this Agreement and must be accurate in all material respects as of the
Closing Date as if made on the Closing Date; 
 (b) Sellers and Shareholders must have performed and complied in all material
respects with their respective covenants and obligations under this Agreement; 
 (c) Sellers and Shareholders must have
delivered to Buyer in form reasonably acceptable to Buyer a certificate stating that the conditions specified in Sections 5.1 (a) and (b) have been satisfied; 
 (d) Sellers shall have executed and delivered the Escrow Agreement; 
 (e) Each of Steven L. Johns, James H. Kinnett and Andrew G. Gorogiani must have executed and delivered to Buyer his respective employment
agreement substantially in the forms attached collectively as Exhibit 5.1(e) (individually, an “Employment Agreement” and collectively, the “Employment Agreements”) which Employment Agreements remain conditioned upon and
subject to the approval of Buyer’s Board of Directors; 
 (f) Each of the Sellers and Shareholders must have executed and
delivered a noncompetition agreement substantially in the form attached as Exhibit 5.1(f) (the “Noncompetition Agreement”); 
 (g) All outstanding options and warrants described on Schedule 2.2(a) shall have been fully exercised or cancelled with no further obligation on the part of Sellers. 
 (h) Sellers shall have delivered the legal opinion of Hall, Render, Killian, Heath & Lyman, P.C., counsel to Sellers, regarding
matters of incorporation, organization, capitalization and authority of Sellers and Subsidiaries, in form and substance reasonably satisfactory to Buyer and its counsel; 
  

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 (i) There must not be any Proceeding or Order pending or threatened since the date of
this Agreement that would prevent the consummation of the transactions contemplated by this Agreement; 
 (j) Buyer shall have
established to its reasonable satisfaction that eGIX has achieved a minimum 12-month trailing EBITDA of $3,000,000 as of the most recent month-end prior to the Closing Date; 
 (k) Sellers shall have obtained and delivered to Buyer the written consent to the assignment of any Material Contract requiring consent in
connection with the assignment of such contract to Buyer hereunder; and 
 (1) All Governmental Authorizations and Regulatory
Approvals that are necessary for the consummation of the transactions contemplated by this Agreement must have been received and must be in full force and effect. 
 Section 5.2 Conditions to Obligation of Sellers. Each Seller’s obligation to sell the Purchased Assets and to take the other actions required to be taken by each Seller at the Closing is
subject to the satisfaction, at or before the Closing, of each of the following conditions (any of which may be waived by Sellers, in whole or in part): 
 (a) The representations and warranties set forth in Article 3 of this Agreement, individually and collectively, must have been accurate in all material respects as of the date of this Agreement and must be
accurate in all material respects as of the Closing Date as if made on the Closing Date; 
 (b) Buyer must have performed and
complied with in all material respects its covenants and obligations under this Agreement; 
 (c) Buyer must have delivered to
Sellers in form reasonably acceptable to each Sellers a certificate stating that each of the conditions specified in Sections 5.2(a) and (b) have been satisfied; 
 (d) Buyer shall have executed and delivered the Escrow Agreement; 
 (e) Buyer shall have executed and delivered the Employment Agreements, which Employment Agreements remain conditioned upon and subject to
the approval of Buyer’s Board of Directors; 
 (f) Buyer must have delivered documentation satisfactory to Sellers that
Buyer has obtained the release of the personal guarantees in Exhibit 5.2(f); 
 (g) There must not be any Proceeding or
Order pending or threatened since the date of this Agreement that would prevent the consummation of the transactions contemplated by this Agreement; and 
  

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 (h) All Governmental Authorizations that are necessary for the consummation of the
transactions contemplated by this Agreement must have been received and must be in full force and effect. 
 ARTICLE 6 - TERMINATION 

 Section 6.1 Termination Events. This Agreement may be terminated by mutual consent of the Parties. In addition, this
Agreement may be terminated by notice given before or at the Closing by either Buyer or either Seller if: 
 (a) the opposing
Party materially defaults in the timely performance of any covenant, agreement or obligation contained in this Agreement, or if the other Party materially breaches any of its representations or warranties set forth in this Agreement, and such
default or breach is not cured within 30 days following receipt of a written notice identifying the default or breach; or 
 (b) the Closing has not occurred (other than through the failure of the Party seeking to terminate this Agreement to comply fully with its obligations under this Agreement) on or before March 31, 2008 or such later date upon which the
Parties may agree. 
 Section 6.2 Effect of Termination. Each Party’s right of termination under
Section 6.1 is in addition to any other rights that the Party may have under this Agreement or otherwise, and the exercise of a right of termination will not be an election of remedies. If this Agreement is terminated pursuant to
Section 6.1, all further obligations of the Parties under this Agreement will terminate, except those rights and obligations set forth in Section 4.2 (relating to confidentiality), Section 9.8 and this
Section 6.2. If this Agreement is terminated by a Party because of a breach of the Agreement by the other Party or because one or more of the conditions to the terminating Party’s obligations under this Agreement is not satisfied as
a result of the other Party’s failure to comply with its obligations under this Agreement, the terminating Party’s right to pursue all legal remedies will survive such termination unimpaired. 
 ARTICLE 7 - INDEMNIFICATION 
 Section 7.1 Indemnification and Reimbursement by Sellers and Shareholders. Sellers and Shareholders will jointly and severally indemnify and hold harmless Buyer from and against all Adverse Consequences arising from or
related to (a) any Pre-Closing Taxes, (b) any breach by Sellers or Shareholders of any representation, warranty, covenant, agreement or obligation of Sellers or Shareholders in this Agreement and (c) the successful enforcement of
indemnification rights under this Article 7. 
 Section 7.2 Indemnification and Reimbursement by Buyer. Buyer will
indemnify and hold harmless each Seller and each Shareholder from and against all Adverse Consequences arising from or related to (a) any breach by Buyer of any representation, warranty, covenant or obligation of Buyer in this Agreement and
(b) the successful enforcement of indemnification rights under this Article 7. 
  

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 Section 7.3 Indemnification Procedures. 
 (a) Third-Party Claims. 
 (i) Promptly after receipt by a Party entitled to be indemnified under this Article 7 (an “Indemnified Party”) of notice of the commencement of any Proceeding for which the Indemnified Party intends
to assert a claim for indemnification against the opposing Party (an “Indemnifying Party”) under this Article 7, the Indemnified Party will give notice to the Indemnifying Party of the commencement of such Proceeding with reasonable
promptness (so as to not prejudice the Indemnifying Party’s rights). 
 (ii) The Indemnifying Party will be entitled to
participate in any Proceeding described in Section 7.3(a)(i) above and, to the extent that it wishes, to assume the defense of such Proceeding with counsel reasonably satisfactory to the Indemnified Party. Following the assumption of
defense by an Indemnifying Party, the Indemnifying Party will not be liable for any subsequent fees of legal counsel or other expenses incurred by the Indemnified Party in connection with the defense of such Proceeding, and the Indemnified Party
will have the right to participate in the defense with its own counsel at its own expense. No compromise or settlement of any claims in a Proceeding will be binding on an Indemnifying Party for purposes of the Indemnifying Party’s indemnity
obligations under this Agreement without the Indemnifying Party’s express written consent. 
 (iii) A Party granted the
right to direct the defense of any Proceeding under this Section 7.3 hereunder will (A) keep the opposing Party informed of material developments in the Proceeding, (B) promptly submit to the opposing Party copies of all
pleadings, responsive pleadings, motions and other similar legal documents and papers received in connection with the Proceeding, (C) permit the opposing Party and its counsel, to the extent practicable, to confer on the conduct of the defense
of the Proceeding and (D) to the extent practicable, permit the opposing Party and its counsel an opportunity to review all legal papers to be submitted prior to their submission. The Parties will make available to each other and each
other’s counsel and accountants all of their books and records relating to the Proceeding, and each Party will provide to the other such assistance as may be reasonably required to insure the proper and adequate defense of the Proceeding. Each
Party will use its good faith efforts to avoid the waiver of any privilege of the other Party. The assumption of the defense of any Proceeding by an Indemnifying Party will not constitute an admission of responsibility to indemnify or in any manner
impair or restrict the Indemnifying Party’s rights to later seek to be reimbursed its costs and expenses if indemnification under this Agreement with respect to the Proceeding was not required. An 

  

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Indemnifying Party may elect to assume the defense of a Proceeding at any time during the pendency of the Proceeding, even if initially the Indemnifying
Party did not elect to assume the defense, so long as the assumption at such later time would not materially prejudice the rights of the Indemnified Party. 
 (b) Other Claims. A claim for indemnification for any matter not involving a third-party claim may be asserted by written notice of the claim, setting forth in reasonable detail the factual and contractual
bases for the claim, to the Party from whom indemnification is sought. 
 Section 7.4 Limitations on Indemnification.

 (a) No Seller or Shareholder will have any liability under this Article 7 until the aggregate amount of all Adverse
Consequences described in Section 7.1 exceeds $500,000 (the “Threshold Amount”), and then only for the amount by which such Adverse Consequences exceed the Threshold Amount, provided, however, that the Threshold Amount
will not apply to claims for payment of Pre-Closing Taxes, a payment default under Section 1.3 or claims of breach by Sellers or Shareholders of Sections 2.1, 2.2, 2.4, 2.14(a) and 2.23. Solely for purposes of determining whether
a representation, warranty, covenant or agreement has been breached by Sellers or Shareholders and the Adverse Consequences resulting therefrom “credited” against the Threshold, any representation, warranty, covenant or agreement that is
otherwise subject to a “materiality” qualifier shall be interpreted, and any breach thereof determined, without regard to such “materiality” qualifier. Upon reaching the Threshold Amount, Sellers and Shareholders will be jointly
and severally liable to Buyer for all claims for Adverse Consequences in excess of the Threshold Amount up to twenty-five percent of the Purchase Price (the “Maximum Amount”). The joint and several liability of Shareholders for Adverse
Consequences shall not apply to any Shareholder who does not own more than five percent (5%) of the capital stock of either Seller on the date hereof. All indemnity claims shall be satisfied first from the Escrow Fund, then from the Ernout
prior to any payment from any individual Shareholder. Under no circumstances will Sellers or Shareholders be liable to Buyer for any amount in excess of the Maximum Amount; provided, however, that the Maximum Amount will not apply to
claims for payment of Pre-Closing Taxes, a payment default under Section 1.3 or claims of breach by Sellers or Shareholders of Section 2.2. 
 (b) Sellers and Shareholders will not be required to indemnify and hold Buyer harmless with respect to any claim for indemnification if
the facts upon which Buyer bases such claim were actually known by or disclosed in writing to Buyer or its Representatives prior to or at the Closing. 
 (c) To the extent that recovery from another Person (including any insurer) is available to Buyer to compensate for any item for which indemnification may be sought hereunder, Buyer will exhaust all available

  

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remedies to recover the amount of its claim as may be available from such other Person and will only seek indemnification against Sellers and Shareholders in
the event that it fails to obtain such reimbursement from the other Person or if such reimbursement is insufficient to satisfy the claim (and in the latter instance will only seek indemnity for the amount of the deficiency). To the extent Sellers or
Shareholders indemnify Buyer on any claim referred to in the previous sentence, Buyer will assign to Sellers and Shareholders, to the fullest extent allowable, its rights and causes of action with respect to such claim against other Persons, or in
the event assignment is not permissible, Sellers and Shareholders will be allowed to pursue such claim in the name of Buyer, as applicable, at Sellers’ or Shareholders’ expense. Sellers and Shareholders will be entitled to retain all
recoveries for their own accounts made as a result of any such action. Buyer will provide Sellers and Shareholders reasonable assistance in prosecuting any such claim, including making their books and records relating to such claim available to
Sellers and Shareholders and their respective Representatives and making their respective employees available for interviews, testimony and similar assistance. If Buyer or its Affiliates recover from a third party any part of a claim that has
previously been paid by Sellers or Shareholders pursuant to this Article 7, Buyer will promptly remit to Sellers’ (or Sellers’ Liquidating Trust) the amount of such recovery without regard to the time limitations described in
Section 9.1. Sellers and Shareholders will have no liability with respect to any claim that would have been covered by insurance had Buyer maintained the same insurance coverage that were in effect before the Closing with respect to the
Sellers or the Subsidiaries. 
 (d) In computing the amount of any indemnification to which Buyer may be entitled under this
Article 7 by virtue of a breach of Sections 2.3 or 2.5, if the amount of any liability has been understated or unrecorded, on one hand, but on the other hand the amount of any other liabilities has been overstated or any assets
understated, only the net effect (benefits or detriment as the same are determined in accordance with GAAP) of such errors will be taken into account. 
 (e) Any amounts recoverable by Buyer from Sellers or Shareholders under this Article 7 will be net of any Tax benefits to Buyer or its Affiliates (including the Sellers and the Subsidiaries). For purposes of
this paragraph, “Tax benefit” will mean the present value of any refund, credit or reduction in otherwise required Tax payments, including any interest payable thereon, which present value will be computed as of the later of the Closing
Date or the first date on which the right to the refund, credit or other Tax reduction arises or otherwise becomes available to be utilized (regardless of the time that Buyer or its Affiliates actually utilize the benefit), using (i) the Tax
rate applicable to the highest level of income with respect to such Tax under applicable Legal Requirements on such date, and (ii) the interest rate on such date imposed on corporate deficiencies paid within thirty (30) days of the notice
of proposed deficiency under the Code. 
  

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 (f) Buyer is not entitled to recover any amounts for a claim for indemnification that are
attributable to any delay in delivering notice of the indemnification claim to Sellers. Buyer is not entitled to any indemnity (i) on account of consequential, incidental or indirect damages or losses including business interruption, loss of
profits, loss of use of facilities and loss of goodwill, and no “multiple of profits” or other similar damage calculation methodology will be applied in calculating any damage that may be claimed hereunder, except with respect to
indemnification for third party claims, to which this clause (i) shall not apply or (ii) in respect of any claim to the extent that the matter that is the subject of the claim is reflected on, accrued for or reserved against or otherwise
provided for in the Financial Statements, Interim Financial Statements or the Final Closing Balance Sheet or that was raised and resolved by agreement of the Parties or through the dispute resolution procedures described in Section 1.4
above. Sellers and Shareholders will have no liability for indemnification with respect to any claim for indemnification that relates to the passing of, or any change in, any Legal Requirement or any accounting policy, principle or practice after
the Closing Date or any increase in Tax rates in effect on the Closing Date, even if the change or increase has retroactive effect or requires action at a future date. 
 (g) To the extent that any breach of a representation or warranty made by Sellers or Shareholders is capable of cure, Buyer will, as a
condition precedent to asserting a claim concerning the breach, afford Sellers and Shareholders a reasonable opportunity (which will not be less than 30 days) to cure the breach and will provide, and will cause its Affiliates to provide, Sellers and
Shareholders all reasonable assistance (including access to buildings, offices, records, files, properties and assets) in connection with such remedy or cure. Buyer agrees that in the event of any breach giving rise to an indemnity obligation of
Sellers or Shareholders hereunder, Buyer will take all reasonable measures to mitigate the Adverse Consequences arising from the breach (including taking all reasonable steps to prevent any contingent liability from becoming an actual liability).

 (h) Sellers and Shareholders will have no liability with respect to any claim for indemnification or part of a claim for
indemnification that would not have arisen but for any act or omission after Closing by Buyer or its Affiliates, other than any act or omission done pursuant to this Agreement or required by applicable Legal Requirements. 
 (i) No claim for indemnification may be made or maintained against any Seller or Shareholder following the sale by Buyer of a majority of
the Purchased Assets, whether through a sale of stock, a merger or consolidation, the sale of assets or otherwise. 
 (j)
Notwithstanding anything contained herein to the contrary, to the extent that any facts or circumstances give rise to (i) a claim for indemnification under this Article 7 and (ii) a purchase price adjustment to the Cash Purchase

  

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 Price under Section 1.3, such facts or circumstances shall first be resolved under the purchase
price adjustment mechanism pursuant to Section 1.3. To the extent that the Purchase Price has been adjusted pursuant to Section 1.3 and Buyer is paid in connection therewith, Buyer shall not be entitled to a
“second” payment under Article 7 for any facts or circumstances which could have also given rise to a claim for indemnification under Article 7. 
 Section 7.5 Exclusive Remedy. This Article 7 constitutes the sole and exclusive remedy of the Parties with respect to any matters arising under or with respect to this Agreement, and each of
Buyer and Sellers and Shareholders hereby waives and releases the other from any and all claims and other causes of action, including claims for contribution, relating to such matters; provided, however, that nothing in this Agreement
will prevent any Party from seeking injunctive or other equitable relief, including specific performance, where appropriate. 
 ARTICLE 8
– DEFINITIONS 
 For purposes of this Agreement, the following terms have the meanings specified or referred to in this Article
8: 
 “Adverse Consequence” means any loss, cost, liability, penalty, Tax, damage or expense (including reasonable legal
and other professional fees). 
 “Affiliate” means with respect to a Person, any Person directly or indirectly controlling,
controlled by, or under common control with, that Person and any officer, director or controlling Person of that Person. 
 “Applicable Contract” means any Contract (a) to which either Seller or any Subsidiary is a party or (b) by which either Seller or any Subsidiary or any of their respective assets is bound. 
 “Business” has the meaning set forth in the Preamble. 
 “Buyer” has the meaning set forth in the first paragraph of this Agreement. 
 “Closing” has the meaning set forth in Section 1.6 of this Agreement. 
 “Closing Balance
Sheet” has the meaning set forth in Section 1.4 of this Agreement. 
 “Closing Date” means the date and
time at which the Closing actually takes place. 
 “Code” means the Internal Revenue Code of 1986, as amended. 

“Contract” means any agreement, contract, obligation, promise or undertaking that is legally binding. 
 “Disclosure Schedule” means the Schedules referred to in Article 2. 
 “Employee Benefit Plan” means any employee benefit plan within the meaning of Section 3(3) of ERISA and any stock purchase, stock
option, severance, retention, change-in- 

  

 32 

 
control, fringe benefit, termination, supplemental retirement, collective bargaining, bonus, performance awards, incentive, deferred compensation and any and
all other employee benefit plans, agreements, programs, policies or other arrangements relating to the employees of the Sellers or the Subsidiaries, whether or not subject to ERISA (including any funding mechanism now in effect or required in the
future as a result of the transactions contemplated in this Agreement or otherwise), sponsored, maintained or participated in by the Sellers or the Subsidiaries or to which the Sellers or the Subsidiaries contribute (or have an obligation to
contribute) on behalf of their current or former employees (or their beneficiaries or dependents) and all employee benefit plans previously sponsored or contributed to on behalf of their employees within the last five years. 
 “Encumbrance” means any charge, claim, community property interest, condition, equitable interest, mortgage, lien, option, pledge,
security interest, right of first refusal or restriction of any kind, including any restriction on use, voting (in the case of any security) or transfer, but excluding (a) liens for water, sewage and similar charges and current Taxes and
assessments not yet due and payable or being contested in good faith, (b) mechanics’, carriers’, workers’, repairers’, materialmen’s, warehousemen’s and other similar liens arising or incurred in the Ordinary
Course of Business, (c) liens arising or resulting from any action taken by Buyer, (d) liens of record, (e) easements, rights of way, restrictions and other similar liens that do not materially interfere with the ordinary conduct of
operations, (f) imperfections or defects in title that do not materially adversely affect the value or use of the applicable asset, (g) purchase money security interests created in the Ordinary Course of Business and (h) any other
liens to which Buyer consents in writing. 
 “Environment” means soil, land surface or subsurface strata, surface waters
(including navigable waters and ocean waters), groundwaters, drinking water supply, stream sediments, ambient air (including indoor air), plant and animal life and any other environmental medium or natural resource. 
 “Environmental Legal Requirement” means all Legal Requirements relating to pollution or the protection of human health, safety or the
environment, including laws, rules or regulations designed (a) to prevent, report or regulate the release, discharge or emission of pollutants or Hazardous Substances into the Environment; (b) to regulate the generation, treatment,
storage, handling, transportation or disposal of Hazardous Substances; (c) to assure that products or chemicals are designed, formulated, packaged or used so that they do not present unreasonable risks to human health or the Environment;
(d) to protect or pay for damages to natural resources such as wetlands, sand dunes or forests, as well as plant and animal species; and (e) to clean up Hazardous Substances that have been released and to apportion the costs of the
cleanup. 
 “Environmental Liability” means any Adverse Consequence arising from or relating to any Environmental Legal
Requirement proximately caused by acts or omissions prior to the Closing Date. 
 “ERISA” means the Employee Retirement
Income Security Act of 1974, as amended. 
 “Financial Statements” has the meaning set forth in Section 2.3 of
this Agreement. 
  

 33 

 “GAAP” means United States generally accepted accounting principles. To the extent GAAP
leaves room for discretion, GAAP shall be applied consistent with the preparation of the Financial Statements. 
 “Governmental
Authorization” means any approval, consent, license, permit, waiver or other authorization (including Regulatory Approvals and other approvals pursuant to competitive local exchange carrier registrations) issued, granted, given or otherwise
made available by or under the authority of any Governmental Body or pursuant to any Legal Requirement. 
 “Governmental
Body” means any: (a) nation, state, county, city, town, village, district or other jurisdiction of any nature; (b) federal, state, local, municipal, foreign or other government; (c) governmental or quasi-governmental
authority of any nature (including any governmental agency, branch, department, official or entity and any court or other tribunal); (d) multi-national organization or body; or (e) body exercising, or entitled or purporting to exercise,
any administrative, executive, judicial, legislative, police, regulatory or taxing authority or power of any nature. 
 “Hazardous
Substance” means any hazardous, toxic or polluting substance, waste, material or contaminant, including petroleum or petroleum products, governed or regulated under any Environmental Legal Requirement. 
 “Indemnified Party” has the meaning set forth in Section 7.3 of this Agreement. 
 “Indemnifying Party” has the meaning set forth in Section 7.3 of this Agreement. 
 “Intellectual Property Assets” has the meaning set forth in Section 2.16 of this Agreement. 
 “Interim Financial Statements” has the meaning set forth in Section 2.3 of this Agreement. 
 “Leased Real Property” has the meaning set forth in Section 2.10 of this Agreement. 
 “Legal Requirement” means any federal, state, local, municipal, foreign, international, multinational or other constitution, law,
ordinance, principle of common law, statute, code, regulation, order, rule or treaty. 
 “Material Adverse Effect” means a
material adverse effect on the financial condition of the Sellers and the Subsidiaries taken as a whole, but will not be deemed to include (a) any changes resulting from general economic, regulatory or political conditions, including the
engagement by the United States in hostilities, whether or not pursuant to the declaration of a national emergency or war, or the occurrence of any military or terrorist attack upon the United States, (b) acts attributable to any act or
omission by Buyer or its Affiliates, (c) circumstances that affect generally the industries in which the Sellers and the Subsidiaries operate, (d) changes in Legal Requirements after the Closing, (f) any adverse effect that has been
disclosed to Buyer in writing on or before the Closing Date, (g) any adverse change in or effect on the Business that is cured by Sellers to Buyer’s reasonable satisfaction before the Closing, and/or (h) any changes resulting from the
announcement or pendency of the transactions provided for in this Agreement. 
  

 34 

 “Maximum Amount” has the meaning set forth in Section 7.4 of this Agreement.

 “Maximum Net Working Capital” has the meaning set forth in Section 1.3 of this Agreement. 
 “Material Contract” means any Applicable Contract that: (a) involves interconnection and commercial agreements with primary
incumbent local exchange carriers; (b) involves strategic partnership agreements or authorized distribution agreements with distributors, sales representatives or strategic partners; (c) involves the leasing of DS-3 circuits (or circuits
of greater capacity) from local telephone companies or other competitive carriers; (d) involves performance of services or delivery of goods or materials by or to either Seller or any Subsidiary of an amount in excess of $100,000 in any
twelve-month period; (e) involves expenditures or receipts (other than for the performance of services or delivery of goods or materials) in excess of $100,000 in any twelve-month period; (f) relates to capital expenditures in excess of
$50,000 in any twelve-month period; (g) relates to indebtedness for borrowed money or that creates an Encumbrance on any properties or assets of either Seller or any Subsidiary that are material to the Business; (h) relates to the length,
duration or condition of employment or the termination thereof and which cannot be terminated by a Seller or a Subsidiary, as applicable, on 90 days’ or less notice without liability arising from such termination; or (i) amends,
supplements or modifies any of the foregoing. 
 “Minimum Net Working Capital” has the meaning set forth in
Section 1.3 of this Agreement. 
 “Multi-Employer Retirement Plan” has the meaning set forth in
Section 3(37)(A) of ERISA. 
 “Net Working Capital” means all accounts receivable less than 90 days old, physical
inventory less than six months old, all other non-physical (including Broadsoft and other software licenses that have not expired) inventory, prepaid expense that is acquired by Buyer, and other receivables that are acquired by Buyer less, to the
extent included in the Exhibit 1.8 Assumed Liabilities, gross trade accounts payables inclusive of disputes, prepaid and deferred subscriber fees and other current liabilities (excluding accrued interest and Exhibit 1.8 Excluded
Liabilities). Any amounts related to cash, intercompany accounts, property and equipment, deposits, intangibles, or assets not acquired, cash over-drafts, Shareholder receivables or Shareholder payables will be excluded from the computation of Net
Working Capital, as will all liabilities for Funded Indebtedness. 
 “Order” means any award, decision, injunction,
judgment, order, ruling, subpoena or verdict entered, issued, made or rendered by any Governmental Body or arbitrator. 
 “Ordinary
Course of Business” means in accordance with the customary day-to-day practices of the Sellers and its Subsidiaries with respect to the activity in question. 
 “Organizational Documents” means the articles of incorporation and the bylaws or articles of organization and operating agreement, if any, including all amendments thereto, of each Seller and each
Subsidiary as applicable. 
  

 35 

 “Owned Personal Property” has the meaning set forth in Section 2.12 of this
Agreement. 
 “Party or “Parties” has the meaning set forth in the first paragraph of this Agreement.

 “Person” means any individual, corporation (including any non-profit corporation), general or limited partnership,
limited liability company, joint venture, estate, trust, association, organization, Governmental Body or other entity. 
 “Personal
Property Lease(s)” has the meaning set forth in Section 2.11 of this Agreement. 
 “Pre-Closing Taxes”
shall mean all Taxes paid or payable by Sellers or Subsidiaries for any period prior to the Closing Date (including Taxes that may not become due and payable until after the Closing Date). 
 “Proceeding” means any claim or dispute asserted or any action, arbitration, audit, hearing, investigation, litigation or suit (whether
civil, criminal, administrative, investigative or informal) commenced, brought, conducted or heard by or before, or otherwise involving, any Governmental Body or arbitrator. 
 “Purchase Price” has the meaning set forth in Section 1.2 of this Agreement. 
 “Real Property Lease(s)” has the meaning set forth in Section 2.10 of this Agreement. 
 “Representative” means with respect to a particular Person, any director, manager, officer, employee, agent, consultant, advisor or
other representative of such Person, including legal counsel, accountants and financial advisors. 
 “Restricted Event”
means (a) declaring or paying any dividend or other distribution or payment in respect of shares of capital stock or other equity securities; (b) making any material amendment of the Organizational Documents; (c) amending the terms of
any existing employment agreement with any officer or key employee of either Seller or any Subsidiary; (d) paying or increasing any bonuses, salaries or other compensation to any officer or key employee of either Seller or any Subsidiary except
in the Ordinary Course of Business; (e) adopting or increasing the payments to or benefits under any Employee Benefit Plan except in the Ordinary Course of Business; (f) selling (other than sales of inventory in the Ordinary Course of
Business), leasing or otherwise disposing, or incurring any Encumbrance on, any property or asset of either Seller or any Subsidiary that is material to the Business; (g) entering into any Contracts requiring payment for products or services
(including without limitation employment, consulting or other professional services) of more than $50,000 in a year; (h) incurring any indebtedness for borrowed money or assuming or guarantying obligations of any other Person in excess of
$50,000; (i) making or committing to make any capital expenditure or expense obligation in excess of $50,000 individually or $150,000 in the aggregate; or (j) entering into any Contract to do any of the foregoing; provided that the term
“Restricted Event” does not include actions contemplated by or disclosed in this Agreement or Disclosure Schedule. 
 “Returns” means any return (including any information return), report, statement, schedule, notice, form or other document or information filed with or submitted to, or required to 

  

 36 

 
be filed with or submitted to, any Governmental Body by either Seller or any Subsidiary in connection with the determination, assessment, collection or
payment of any Tax. 
 “Review Period” has the meaning set forth in Section 1.4 of this Agreement. 

“Seller” has the meaning set forth in the first paragraph of this Agreement. 
 “Sellers” has the meaning set forth in the first paragraph of this Agreement. 
 “Sellers’ Knowledge” means the actual knowledge of Steven L. Johns, James H. Kinnett and/or Andrew G. Gorogiani. 
 “Sellers’ Representative” has the meaning set forth in Section 4.7(a). 
 “Shareholders’ Representative” has the meaning set forth in Section 4.6(a) of this Agreement. 
 “Subsidiary” has the meaning set forth in the Preamble. 
 “Subsidiaries” has the meaning set forth in the Preamble. 
 “Tax” means
any tax (including any income tax, capital gains tax, payroll tax, value-added tax, sales tax, use tax, personal property tax, property tax, gift tax or estate tax), levy, assessment, tariff, duty (including any customs duty), deficiency or other
fee, and any related charge or amount (including any fine, penalty or interest), imposed, assessed or collected by or under the authority of any Governmental Body or payable pursuant to any tax-sharing agreement or any other Contract relating to the
sharing of payment of any such tax, levy, assessment, tariff, duty, deficiency or fee. 
 “Threshold Amount” has the meaning
set forth in Section 7.4 of this Agreement. 
 “Transaction Documents” means this Agreement and all other
Contracts and documents to be executed and delivered by any Party or any Party’s Affiliates or Representatives in connection with the consummation of the transactions contemplated by this Agreement. 
 ARTICLE 9 – GENERAL 
 Section 9.1 Survival of Representations and Warranties The representations and warranties made by each Party in this Agreement will survive the Closing until April 30, 2009, at which time they will expire except that
Sellers’ representations and warranties in Section 2.6 will survive until the expiration of the statute of limitations applicable to claims thereunder, and Sellers’ representations and warranties in Section 2.2 will
survive indefinitely. No claim for a breach of a representation or warranty may be made after termination of such survival period. The making of a claim for indemnification under Article 7 will toll the running of the foregoing limitation
period with respect to such claim. For purposes of the preceding sentence, a claim will 

  

 37 

 
be deemed to be made upon the commencement of an independent judicial Proceeding with respect to the claim or receipt by the Party from whom indemnification
is sought of a written notice of claim for indemnification setting forth in reasonable detail the factual and contractual bases for the claim. 
 Section 9.2 Binding Effect; Benefits; Assignment. All of the terms of this Agreement will be binding upon, inure to the benefit of and be enforceable by and against the successors and authorized assigns of Buyer and
Sellers. Nothing in this Agreement, express or implied, is intended to confer upon any other Person any rights or remedies under or by reason of this Agreement, this Agreement being for the exclusive benefit of the Parties and their respective
successors and assigns. Neither Buyer nor Sellers will assign any of its rights or obligations under this Agreement to any other Person without the prior written consent of the other, and any assignment without such consent will be void ab
initio, except that Buyer may assign the Agreement to a wholly-owned subsidiary of Buyer provided that no such assignment will in any manner limit Buyer’s obligations hereunder and Buyer guarantees the performance of its assignee and that
Sellers may assign its rights and obligations to any entity designed to liquidate the companies. 
 Section 9.3 Entire
Agreement. This Agreement, including the exhibits and schedules to this Agreement (including the Disclosure Schedule), sets forth the entire agreement and understanding of the Parties with respect to the transactions contemplated by this
Agreement and supersedes all prior agreements, arrangements and understandings relating to the transactions contemplated by this Agreement. No representation, promise, inducement or statement of intention has been made by either Party, except as
expressly set forth in this Agreement, and no Party will be bound by or liable for any alleged representation, promise, inducement or statement of intention not so set forth. 
 Section 9.4 Amendment and Waiver. This Agreement may be amended, modified, superseded or canceled and any of its provisions may be
waived only by a written instrument executed by the Parties or, in the case of a waiver, by or on behalf of the Party waiving compliance. The failure of either Party at any time to require performance of any provision of this Agreement will in no
manner affect the right of that Party at a later time to enforce the same or a different provision. No waiver by either Party of any condition or any breach of any provision of this Agreement, in any one or more instances, will be deemed to be or
construed as a further or continuing waiver of any such condition or of any breach of the same or a different provision. 
 Section 9.5 Governing Legal Requirement; Jurisdiction and Venue. This Agreement will be governed by and construed in accordance with the laws of the state of Indiana as applicable to contracts made and to be performed in
that state without regard to conflicts of laws principles. The Parties irrevocably agree and consent to the exclusive jurisdiction for the resolution of claims, disputes and controversies hereunder of the Circuit or Superior Court for Marion County,
Indiana, and the United States District Court for the Southern District of Indiana. Any actions arising out of or relating in any way to any of the provisions of this Agreement or the transactions contemplated hereby be will brought and maintained
in one of such courts. The Parties hereby irrevocably waive any objection that they may now have or hereafter acquire to the laying of venue of any such Proceeding brought in these courts and any 

  

 38 

 
claim that any Proceeding brought in any such court has been brought in an inconvenient forum. The Parties further agree that a final judgment in any
Proceeding brought in any of these courts will be conclusive and binding upon them and may be enforced in any court of competent jurisdiction located elsewhere. 
 Section 9.6 Notices. All notices, requests, demands and other communications to be given pursuant to the terms of this Agreement must be in writing and will be deemed to have been duly given on the
day it is delivered by hand, on the day it is sent by facsimile with confirmation, on the next business day after it is sent by a nationally recognized overnight mail service (delivery charge prepaid), or on the third business day after it is mailed
first class, postage prepaid: 
  

					
	(a)	  	If to Sellers or Subsidiaries:	  	with a copy to:
			
		  	eGIX, Inc.	  	Barnes & Thornburg, LLP
		  	c/o Hall Render	  	11 S. Meridian Street
		  	1 American Square, Suite 2000	  	Indianapolis, Indiana 46204
		  	Indianapolis, IN 46282	  	
		  	Attn: Jeffrey Peek	  	Attn: Marcus Chandler
		  	Telephone: 317.633.4884	  	Telephone: 317.236.1313
		  	Facsimile: 317.633.4878	  	Facsimile: 317.231.7433
		
	(b)	  	If to Sellers’ Representative or Shareholders’ Representative:
			
		  	Steven L. Johns	  	Barnes & Thornburg
		  	c/o Hall Render	  	11 S. Meridian Street
		  	1 American Square, Ste 2000	  	Indianapolis, IN 46204
		  	Indianapolis, IN 46282	  	
		  	Attn: Jeffrey Peek	  	Attn: Marcus Chandler
		  	Telephone: 317.633.4884	  	Telephone: 317.236.1313
		  	Facsimile: 317.633.4878	  	Facsimile: 317.231.7433
			
	(c)	  	If to Buyer:	  	with a copy to:
			
		  	Cincinnati Bell Any Distance Inc.	  	Cincinnati Bell Any Distance Inc.
		  	221 East Fourth Street, 103-1240	  	221 East Fourth Street 103-1290
		  	Cincinnati, Ohio 45202	  	Cincinnati, Ohio 45202
		  	Attn: Shane A. Brown	  	Attn: Christopher J. Wilson, Esq.
		  	Telephone: (513)397-1118	  	Telephone: (513)397-6351
		  	Facsimile: (513)397-7638	  	Facsimile: (513)397-9557

 A Party may change its address, telephone number or facsimile number by prior written notice to the other Party.

  

 39 

 Section 9.7 Counterparts. This
Agreement may be executed in counterparts and by facsimile or Adobe® portable document format, each of which when so executed will be deemed to be an original and such counterparts will
together constitute one and the same agreement. 
 Section 9.8 Expenses. Each Party will pay its own respective expenses,
costs and fees (including professional fees) incurred in connection with the negotiation, preparation, execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement. 
 Section 9.9 Severability. Any provision of this Agreement that is contrary to Indiana law or otherwise unenforceable or incapable of
performance will not affect the remaining provisions of this Agreement. In such event, the Parties will undertake to substitute for any such invalid provision or for any provision incapable of performance a provision which corresponds to the spirit
and purpose of such invalid or unperformable provision as far as permitted under applicable Legal Requirements, so as to provide the Parties to the fullest extent possible the economic purpose and effect of this Agreement. 
 Section 9.10 Headings; Construction; Time of Essence. The headings of the sections and paragraphs in this Agreement have been inserted
for convenience of reference only and will not restrict or otherwise modify any of the terms or provisions of this Agreement. The words “including”, “includes” or words of similar import whenever used in this Agreement do not
limit the preceding words or terms. Notwithstanding anything contained herein to the contrary, if a subject matter is addressed in more than one representation and warranty in Article 2, Buyer will be entitled to rely only on the most
specific representation and warranty addressing the matter. With regard to all dates and time periods set forth or referred to in this Agreement, time is of the essence. 
 Section 9.11 Certain Information. Neither the specification of any dollar amount in Article 2 nor the disclosure of a document or information in a Schedule comprising part of the Disclosure
Schedule is intended, or will be construed or offered in any dispute between the Parties as evidence of, the material nature of such dollar amount, document or information, nor does it establish any standard of materiality upon which to judge the
inclusion or omission of any similar documents or information in that Schedule or any other Schedule comprising the Disclosure Schedule. The information contained in this Agreement and the Disclosure Schedule is disclosed solely for the purposes of
this Agreement, and no information contained herein or therein will be deemed to be an admission of any matter whatsoever, including of any violation of Legal Requirement or breach of any Contract. An exception or qualification set forth in the
Disclosure Schedule with respect to a particular representation or warranty shall be deemed to be an exception or qualification with respect to all other applicable representations and warranties to the extent the description of the facts regarding
the event, item or matter disclosed is adequate so as to make reasonably clear or otherwise make the Buyer reasonably aware that such exception or qualification is applicable to such other representations and warranties whether or not such exception
or qualification is so numbered. 
 [Signature Pages Follow] 
  

 40 

 The Parties have executed this Asset Purchase Agreement as of the date stated in the first paragraph of
this Agreement. 
  

					
	Cincinnati Bell Any Distance, Inc.
		
	By:	 	 /s/ Shane A. Brown

		 	Shane A. Brown
			
		 	Its:	 	 VP Business Development

		 	“Buyer”
	
	eGIX, Inc.
		
	By:	 	 /s/ Steven L. Johns

			
		 	Its:	 	President & CEO
	
	eGIX Network Services, Inc.
		
	By:	 	 /s/ Steven L. Johns

			
		 	Its:	 	President & CEO
	“Sellers”
	
	eGIX Network Services of Virginia, Inc.
		
	By:	 	 /s/ Steven L. Johns

			
		 	Its:	 	President & CEO
	
	@Link Networks, Inc.
		
	By:	 	 /s/ Steven L. Johns

			
		 	Its:	 	President & CEO

					
	DSL Indiana Acquisitions, LLC
		
	By:	 	 /s/ Steven L. Johns

			
		 	Its:	 	Managing Member
	“Subsidiaries”
	
	 /s/ John F. Hays

	John F. Hays
	
	 /s/ Jeffrey Peek

	Jeffrey Peek, Co-Trustee of Laurence W. Grabb Credit Trust
	
	 /s/ Sally Derflinger

	Sally Derflinger, Co-Trustee of Laurence W. Grabb Credit Trust
	
	 /s/ Steven L. Johns

	Steven L. Johns
	
	 /s/ James H. Kinnett

	James H. Kinnett
	“Shareholders”Assest Purchase Agreement, dated as of December 31, 2007

 Exhibit 10(ii)(B) 
 ASSET PURCHASE AGREEMENT 
 between  
 GRAMTEL USA, INC. 
 and  
 BCSIVA INC. 

 ASSET PURCHASE AGREEMENT 
 THIS AGREEMENT (this “Agreement”), dated as of the 31st day of December 2007, is made by and among GramTel USA, Inc., a Delaware corporation (the “Company”), Jordan Industries, Inc.,
(“Jordan”) (solely for the purpose of agreeing to the provisions of Section 6.5 and Section 6.9) and BCSIVA Inc., a Virginia corporation (“Buyer”). 
 ARTICLE I  
 PURCHASE AND SALE; PRICE

 1.1 Purchase and Sale of Assets. In consideration of the Purchase Price (hereinafter defined), and subject to the terms and
conditions set forth in this Agreement, at the Closing (hereinafter defined) except for the Excluded Assets (hereinafter defined), the Company will sell to Buyer and Buyer will purchase from the Company all or substantially all of the assets (real
and personal, tangible and intangible), properties and business of the Company, as the same are more specifically set forth in Section 1.2 hereof. 
 1.2 Overview of Purchased Assets. The assets to be purchased from the Company are all of the Company’s assets, properties and rights (real and personal, tangible and intangible) owned or used primarily in
the conduct of its business as of the Closing Date (the “Business”) except for the Excluded Assets and those assets sold, transferred or disposed of in the ordinary and regular course of business in accordance with
Section 4.1 below (hereinafter collectively referred to as the “Purchased Assets”). The Purchased Assets shall include, without limitation, the following at the Closing Date: 
 (a) Equipment. All of the Company’s machinery, equipment, telephone numbers (toll-free and others) and other personal property
and all of the Company’s fixed assets, including those listed in Exhibit 1.2(a) including all warranty claims with respect to the Company’s fixed assets. 
 (b) Business Records. All of the Company’s records (other than income and franchise tax returns and related work papers)
relating to the Business, including with respect to customers and customer relationships. 
 (c) Inventory. All
inventories and other supplies pertaining to the Company’s operations on hand or at third party premises or in transit including raw materials, work in process and finished goods, and including any rights of the Company to warranties received
from suppliers. 
 (d) Intellectual Property. All of the Company’s right, title and interest in and to all United
States and foreign registered, pending and common law, trade names, 

 
service marks, trademarks, trade dress, logos, domain names, the GramTel name and proprietary designations, including all of the good will of the
Company’s Business associated therewith, all United States and foreign issued and pending patents, all United States and foreign copyrights and copyrightable material, whether or not registered, rights of publicity, franchises and all
technology rights and licenses, including computer software and programs (including all source codes and object codes), websites (all as set forth in Exhibit 2.12) and all proprietary know-how, trade secrets, inventions, discoveries,
developments, research, and formulas, whether or not patentable, and all other proprietary information or property relating to the Company’s current Business or business prospects and any improvements, updates, enhancements or modifications
related to any of the foregoing (hereinafter collectively referred to as “Intellectual Property Assets”). 
 (e) Other Intangibles. All of the Company’s right, title and interest in and to franchises, licenses, permits, options and any inventions, developments and ideas. 
 (f) Contracts; Materials; Etc. Except for the contracts set forth on Exhibit 1.2(f) (the “Excluded
Contracts”), all of the Company’s rights and privileges arising from its unshipped orders, customer contracts, customer lists, outstanding offers, sales records, advertising materials, and all agreements for the sale, purchase or lease
of goods or services, causes of action (other than causes of action arising from or relating to Excluded Assets, Excluded Contracts or Excluded Liabilities) and all other contracts, agreements, assets and things of value now beneficially owned or
acquired by the Company at or before the Closing Date, whether tangible or intangible, real or personal, inchoate, partial or complete, fixed or contingent, of every kind and description and wherever situated (all contracts of the Company which are
not Excluded Contracts, collectively the “Contracts”), 
 (g) Real Property. All land, together with
all buildings, structures, improvements and fixtures located thereon, and all easements and other rights and interests appurtenant thereto, owned by the Company and used in the Business of the Company as identified on Exhibit 1.2(g) (the
“Real Property”). 
 (h) Accounts Receivable. All accounts receivable and rights to payment from
services performed by the Company, whether billed or unbilled, and whether or not accrued or on the books and records of the Company, and all reserves and allowances accrued therefor (“Receivables”). 
 (i) Long-Term Assets and Current Assets. All long-term assets together with all Current Assets (as defined in
Section 1.7 below) on the books and records of the Company, to the extent not specified above. 
 (j) Post
Office Boxes. The Company’s Post Office box or boxes. 
 1.3 Confirmation of Assets Excluded From Purchased Assets. The
parties hereto acknowledge and agree that the Purchase Price (hereinafter defined) has been calculated, 

  

 2 

 
and is being paid, based on the agreement and understanding that the Purchased Assets do not include those assets set forth on Exhibit 1.3 (the
“Excluded Assets”). 
 1.4 Purchase Price. In consideration of the sale, conveyance, transfer and delivery of the
Purchased Assets provided for in this Agreement, Buyer agrees to pay an aggregate purchase price of $19,900,000, subject to the adjustments set forth below in this Section 1.4 and in Section 1.7 (the “Purchase
Price”). At Closing, the Purchase Price shall be paid as follows: 
 (a) The Buyer shall wire such funds as are sufficient to satisfy the payoff amounts identified in the payoff letters received from 1st
Source Bank as contemplated by Section 6.7 below and any other Liens to be paid off at Closing as may be agreed upon by the Company and Buyer; 
 (b) The Buyer will hold back the sum of $200,000 (the “Chicago Holdback”) to be paid to the Company in accordance with the payment schedule identified on Exhibit 6.10 within ten (10) days
of the successful renegotiation (in whole or in part) of the Chicago Lease to incorporate some or all of the terms set forth in Section 6.10 below. 
 (c) The Buyer will deposit the sum of $400,000 (the “Capex Escrow”) in immediately available funds by wire transfer to
the bank account of the Escrow Agent (defined below) to be held and disbursed in accordance with the terms and conditions of the Escrow Agreement (defined below) and Section 6.14 below. 
 (d) The Buyer will deposit the sum of $300,000 (the “Consents Escrow”) in immediately available funds by wire transfer to
the bank account of the Escrow Agent to be held and disbursed in accordance with the terms and conditions of the Escrow Agreement and Section 1.8, below; and 
 (e) The remaining amount, in immediately available funds by wire transfer to the Company. 
 1.5 Assumption of Liabilities. At the Closing, Buyer agrees that it will assume, discharge, and will indemnify the Company against the following
liabilities and obligations: (a) all liabilities and obligations arising in connection with the Purchased Assets from events applicable to any and all periods after the Closing, including, without limitation, all Contracts included in the
Purchased Assets and (b) the Current Liabilities (as defined in Section 1.7, below), accrued as of Closing in the ordinary course of business in accordance with Section 2.15 and 4.1 below, (the “Assumed
Liabilities”). Other than the Assumed Liabilities, Buyer shall not assume any other obligations of the Company hereunder and notwithstanding the foregoing, Buyer expressly excludes and will not assume, discharge or indemnify the Company
against any liabilities or obligations arising in connection with any Pre-existing Environmental Conditions as defined in Section 2.13(a)(iii) (all liabilities not expressly assumed as Assumed Liabilities hereunder, the “Excluded
Liabilities”). 
  

 3 

 1.6 Purchase Price Allocation. The Company shall provide a proposed allocation of the Purchase
Price (and the amount of Assumed Liabilities that are liabilities for Federal income tax purposes) among the Purchased Assets in accordance with Code Section 1060 (the “Allocation”) to Buyer within thirty (30) days
following the Closing Date. Buyer shall propose any changes to the proposed final Allocation within thirty (30) days thereafter, together with a reasonably detailed explanation of the reasons therefore. Buyer and the Company will negotiate in
good faith to resolve any disputed items. In the event Buyer and the Company cannot agree on the Allocation, the disputed items shall be submitted to an Independent Accountant (hereinafter defined) for resolution in accordance with the principles of
Section 1.7(a). Each of Buyer and the Company shall timely file IRS Form 8594 and all other Federal, state, local and foreign tax returns in accordance with the final Allocation, and neither Buyer or the Company nor any of their
respective affiliates or representatives shall take any position on any tax return or in any examination, claim for refund or tax contest (administrative or judicial) that is inconsistent with the final Allocation. The Company and Buyer agree to
promptly provide the other party with any additional information as required to complete Form 8594. 
 1.7 Working Capital Adjustment.
The Purchase Price shall be adjusted after the Closing if the Net Working Capital (hereinafter defined) of the Company as of the Closing is less than Three Hundred Thousand Dollars ($300,000) (the “Minimum Target Net Working
Capital”) or more than Six Hundred Thousand Dollars ($600,000) (the “Maximum Target Net Working Capital”), in accordance with this Section 1.7. For purposes of this Agreement, “Net Working
Capital” shall mean the Current Assets of the Company minus the Current Liabilities of the Company which constitute Assumed Liabilities, in each case as determined in accordance with Generally Accepted Accounting Principles. For
purposes of this Agreement, “Current Assets” means Receivables less reserves and allowances, pre-paid expenses which accrue or will accrue to the benefit of Buyer (including, but not limited to prepaid advertising, prepaid
maintenance and prepaid connectivity), sales commission advances, and vendor and real estate deposits, all determined in accordance with Generally Accepted Accounting Principles, but specifically excluding cash, prepaid insurance, the Signal Hill
deposit and the No.place.com asset. For purposes of this Agreement, “Current Liabilities” shall mean trade accounts payable, advance billings and customer deposits and other current liabilities on the books and records of the
Company, in each case accrued in accordance with Sections 2.15 and 4.1 and in accordance with Generally Accepted Accounting Principles (other than for advance billings, which shall be calculated in accordance with the Company’s
past practice), but specifically excluding payroll accruals, obligations to employees for wages, sales commissions, bonuses, benefits, vacations or otherwise, any intercompany liabilities or accounts payable and any accrued interest thereon, any
line of credit or other debt borrowings and any accrued interest thereon, and any tax liabilities or accruals and any accrued interest thereon. An example calculation of the Company’s Net Working Capital as of November 30, 2007 is set
forth on Exhibit 1.7. 
 (a) Procedure. After the Closing, at no cost to the Company, Buyer will prepare a
calculation of the Net Working Capital of the Company as of the Closing Date (the “Closing Calculation”). The Closing Calculation will be completed within forty-five (45) days after the Closing Date and delivered to the Company
for its review. To facilitate such review, Buyer shall make its work papers relating to the Closing Calculation available to the Company and its accountants. The Company shall then have 

  

 4 

 
thirty (30) days from the receipt of same to notify Buyer of any objections to or disputes of the Closing Calculation. If the Company contests the
Closing Calculation, the parties shall use reasonable efforts to resolve their dispute. If final resolution is not obtained within ten (10) days following the Company’s notice to Buyer of its objections, Buyer and the Company shall retain
a mutually acceptable national independent accounting firm (the “Independent Accountant”) to resolve any remaining dispute. If Buyer and the Company are unable to agree upon an Independent Accountant, each of Buyer and the Company
shall appoint an independent accounting firm, which independent accounting firms shall then select a third independent accounting firm which shall serve as the Independent Accountant pursuant to this Agreement. The Independent Accountant shall have
thirty (30) days after submission of the dispute to resolve the disputed items in writing, with a copy to all parties. The determination of the Independent Accountant shall be final and binding on the parties, and the costs of the Independent
Accountant shall be borne by the party whose position is determined to be least correct by the Independent Accountant. 
 (b)
Adjustment. After the final determination of the Closing Calculation, the Purchase Price shall be (i) increased by the excess, if any, of the Net Working Capital of the Company as of the Closing Date as reflected in the Closing
Calculation over the Maximum Target Net Working Capital (any such excess, a “Net Working Capital Excess”), or (ii) decreased by the shortfall, if any, of the Net Working Capital of the Company as of the Closing Date as
reflected in the Closing Calculation under the Minimum Target Net Working Capital (any such deficiency, a “Net Working Capital Deficiency”). If there is a Net Working Capital Excess, Buyer shall promptly (but in any event within ten
(10) business days following the final determination of the Closing Calculation) pay to the Company, in cash to an account designated by the Company, the amount of such Net Working Capital Excess. If there is a Net Working Capital Deficiency,
the Company shall promptly (but in any event within ten (10) business days following final determination of the Closing Calculation) pay to Buyer, in cash to an account designated by Buyer, the amount of such Net Working Capital Deficiency.

 1.8 Consents Escrow. Certain consents to transactions contemplated by this Agreement may be required from parties to contracts,
leases, licenses or other agreements to which the Company is a party (including the Contracts). Prior to the Closing, the Company shall use commercially reasonable efforts to obtain the Material Consents (defined in Section 7.2 below);
including, without limitation, those Material Consents that relate to customer Contracts (the “Material Customer Consents”); provided, that such efforts shall not include any requirement of the Company to expend money,
commence any litigation or offer or grant any accommodation (financial or otherwise) to any third party. After the Closing, Buyer shall use commercially reasonable efforts to obtain those Consents (defined below) that relate to customer Contracts
(the “Customer Consents”) (including, without limitation, any Material Customer Consents) which have not been obtained prior to Closing; provided, that such efforts shall not include any requirement of the Buyer to expend
money, commence any litigation or offer or grant any accommodation (financial or otherwise) to any third party. Buyer shall provide periodic reports to the Company on the progress of such consent process (with such reports to in 

  

 5 

 
no event be less frequent than weekly) and shall, upon request of the Company, allow the Company to participate with Buyer in such consent process provided
that the Company shall participate to the extent reasonably requested by Buyer. With respect to the Material Customer Consents that have not been obtained prior to Closing, upon Buyer obtaining a Material Customer Consent as specified on Exhibit
1.8 hereto, the Company and Buyer shall cause distributions to be made to the Company from the Consents Escrow in an amount equal to the amount set forth on Exhibit 1.8 for that respective Material Customer Consent. Thereafter, on
March 31, 2008, the Buyer shall provide to the Company a list of all customer Contracts: (i) for which Customer Consents (which include, for the avoidance of doubt, Material Customer Consents) have not been obtained as of such date and
which were terminable by the customer as a result of the failure to obtain Consent and were in fact terminated by the customer for such reason, or (ii) which were terminated by the customer pursuant to the exercise of a change-in-control right
under the Contract (collectively, the “Non-Consenting Customers”). The Company shall have ten (10) business days to object to such list and, if so objected, the parties will meet in good faith to resolve such issue. In the
event no resolution is reached within fifteen (15) business days of such objection, the dispute shall be resolved in accordance with the provisions of this Agreement or as otherwise agreed to by the parties. Upon resolution, Buyer shall make a
claim against the Consents Escrow in an amount equal to four (4) times the amount of recurring monthly revenue (as of the month in which Closing occurs) attributable to the Non-Consenting Customers and the remainder of the Consents Escrow shall
be payable to the Company within ten (10) business days of such determination. The Company and Buyer agree to execute such joint written instructions under the Escrow Agreement as may be reasonably necessary to effect the payments described in
this Section 1.8. For the avoidance of doubt, the Consents Escrow shall be Buyer’s sole recourse with respect to any customer revenue lost or not transferred to Buyer as a result of the failure to obtain the Customer Consents, and
Buyer shall bear all risk for any and all such amounts in excess of the Consents Escrow. In addition, Buyer shall have no recourse against the Consents Escrow with respect to the failure to obtain Consent for assignment of any non-customer Contract
required in connection with the transactions contemplated by this Agreement. For purposes of this Agreement, “Consent” shall mean the consent or approval required of a third party, or waiver of a right by a third party such as a
right to terminate an agreement under a change-of-control provision, in each case as a result of the consummation of the transactions contemplated by this Agreement. 
 ARTICLE II  
 REPRESENTATIONS AND WARRANTIES OF COMPANY 
 Subject to the provisions of Article XI, the Company hereby represents and warrants to Buyer, as follows: 
 2.1 Corporate Organization, etc. The Company is a corporation duly organized, validly existing and in good standing under the laws of the state of
Delaware. The Company has all requisite corporate power and authority to carry on its business as it is now being conducted and to own, operate and lease its properties and assets and the Company is qualified as a foreign corporation in the States
of Illinois and Indiana. Exhibit 2.1 contains complete and correct copies of the Company’s (i) certificate of incorporation; (ii) bylaws; (iii) certificates of authority for the States of Illinois and Indiana, each amended
to date; and (iv) all 

  

 6 

 
federal, state, local and foreign licenses, permits or other approvals required for the operation of its business as now being conducted. 
 2.2 Capital Stock; Options. The Company has authorized 10,000,000 shares of Common Stock, par value $0.01 (the “Common Stock”),
500 shares of Class A Preferred Stock, par value $0.01 (the “Class A Preferred Stock”), and 10,500 shares of Class B Preferred Stock, par value $0.01 (the “Class B Preferred Stock” and together with the Common
Stock and the Class A Preferred Stock, the “Shares”). Of such authorized shares, 9,000,000 shares of Common Stock are issued and outstanding, 450,000 shares of Common Stock are held in treasury by the Company, all of the shares
of Class A Preferred Stock are issued and outstanding and no shares of Class B Preferred Stock are issued and outstanding. All of the Shares are validly issued, fully paid and nonassessable and are owned by the entities set forth on Exhibit
2.2, free and clear of all encumbrances or claims. There are no issued and outstanding options, warrants, rights, securities, contracts, commitments, understandings or arrangements by which the Company is bound to issue any additional shares of
its capital stock or options to purchase shares of its capital stock. 
 2.3 Subsidiaries. The Company has no subsidiaries.

 2.4 Authorization, etc. The Company has full power and authority to enter into this Agreement and to carry out the transactions
contemplated hereby. 
 2.5 No Violation. Except as set forth in Exhibit 2.5, the Company is not subject to or obligated under
any article or certificate of incorporation, bylaw or any material agreement or instrument, or any material license, franchise or permit, which would be breached or violated by Company’s execution, delivery and performance of this Agreement.

 2.6 Governmental Authorities. The Company is in material compliance with all laws and orders applicable to the Business, and is not
required to submit any notice, report or other filing with, and no consent, approval or authorization is required, by any governmental or regulatory authority in connection with their execution, delivery, consummation or performance of this
Agreement or the transactions contemplated hereby. 
 2.7 Contracts. Exhibit 2.7 sets forth a list of all written Contracts to
which the Company is bound which: 
 (a) Have a remaining obligation in excess of $50,000; 
 (b) Are agency, dealer, sales representative, marketing or other similar agreements; 
 (c) Is an agreement for the lease of personal property to or from any individual, partnership, corporation, limited liability company,
association, trust, association, joint venture, governmental entity (or any department, agency or political division thereof) or other entity (collectively, a “Person”); 
  

 7 

 (d) Is an agreement for the purchase or sale of raw materials, commodities, supplies,
products, or other personal property, or for the furnishing or receipt of services, the performance of which will occur over a period of more than one (1) year or involve consideration in excess of $10,000; 
 (e) Is an agreement under which the Company has created, incurred, assumed or guaranteed any indebtedness for borrowed money, or any
capitalized lease obligation which it has imposed a security interest on any of the Purchased Assets; 
 (f) Is an agreement
for the lease of real property; or 
 (g) Involves any restriction with respect to the geographical area, scope or type of
business in which the Company may operate. 
 True and complete copies of each Contract have been delivered to Buyer. Assuming due and valid execution by the
other parties thereto, each Contract is, in all material respects, valid, in good standing and enforceable by and against the Company in accordance with its terms, subject to (i) bankruptcy, insolvency, moratorium, reorganization or similar
laws affecting the enforcement of creditors’ rights generally and (ii) equitable principles. Neither the Company, nor to the Company’s knowledge any other party to any Contract, is in breach of any Contract. 
 2.8 Title. Except with respect to real property, which is addressed in Section 2.14 below, the Company has good title to all the
Purchased Assets (except properties sold or otherwise disposed of as permitted by Section 4.1 below), free and clear of all mortgages, security interests, liens, pledges, claims, escrows, options, rights of first refusal, indentures,
easements, licenses, security agreements or other agreements, arrangements, contracts, commitments, understandings, obligations, charges or encumbrances of any kind or character (collectively, “Liens”), except for Permitted Personal
Property Liens. “Permitted Personal Property Liens” shall mean (i) Liens for Taxes, assessments or other governmental charges not yet delinquent; (ii) title of a lessor under an operating lease; and (iii) Liens set
forth on Exhibit 2.8, which Liens set forth on Exhibit 2.8 shall be removed at or in connection with the Closing as set forth in Section 6.7 below. 
 2.9 Litigation. Except as set forth in Exhibit 2.9, there is no lawsuit pending or, to the Company’s knowledge threatened against the
Company, nor to the Company’s knowledge is there any judgment, decree, injunction, rule or order of any court, governmental department, commission, agency, instrumentality or arbitrator outstanding against the Company having, or which, insofar
as can be reasonably foreseen, in the future may have, any adverse effect on the ability of the Company to operate the Business. 
 2.10
Tax Matters. The term “Taxes” means all net income, capital gains, gross income, gross receipts, sales, use, transfer, ad valorem, franchise, profits, license, capital, withholding, payroll, employment, excise, goods and
services, severance, stamp, occupation, premium, property, windfall profits, customs, duties, regulatory assessments or other taxes, together with any interest, fines and any penalties, additions to tax or additional amounts incurred or accrued
under applicable law or assessed, charged or imposed by any governmental authority, domestic or foreign, provided that any interest, penalties, additions to tax or additional 

  

 8 

 
amounts that relate to Taxes for any taxable period (including any portion of any taxable period ending on or before the Closing Date) shall be deemed to be
Taxes for such period, regardless of when such items are incurred, accrued, assessed or imposed. Except as stated in Exhibit 2.10: 
 (a) The Company has duly and timely filed true, correct and complete tax returns, reports or estimates, all prepared in accordance with applicable laws, for all years and periods and for all jurisdictions (whether
federal, state, local or foreign) in which any such returns, reports or estimates were due. All Taxes shown as due and payable on such returns, reports and estimates have been paid. 
 (b) The Company has (i) withheld all required amounts from its employees, agents, contractors and nonresidents and remitted such
amounts to the proper agencies; (ii) paid all employer contributions and premiums and (iii) filed all federal, state, local and foreign returns and reports with respect to employee income tax withholding, and social security and
unemployment taxes and premiums, all in compliance with the withholding tax provisions of the Internal Revenue Code of 1986, as amended (the “Code”), as in effect for the applicable year and other applicable laws. 
 (c) No asset of the Company is tax exempt use property under Code Section 168(h). No portion of the cost of any asset of the Company
has been financed directly or indirectly from the proceeds of any tax exempt state or local government obligation described in Code Section 103(a). 
 (d) None of the assets of the Company is property that the Company is required to treat as being owned by any other person pursuant to the safe harbor lease provision of former Code Section 168(f)(8). 

(e) The Company is not a foreign person within the meaning of Code Section 1445. 
 (f) The Company has withheld or collected all Taxes required to be withheld or collected with respect to the Business, including sales and
use Taxes, and has properly remitted such Taxes to the proper taxing authority. 
 2.11 Employment and Benefit Matters. 
 (a) Exhibit 2.11 lists all of the following: (i) employment contracts, or contractual arrangements with any agent, employee,
officer, director or shareholder of the Company; (ii) contracts or arrangements with any Person providing for bonuses, profit sharing payments, deferred compensation, stock options, stock purchase rights, retainer, consulting, incentive,
severance pay or retirement benefits, life, medical or other insurance or any other employee benefits or any other payments, “fringe benefits” or perquisites which are not terminable at will without liability to the Company or which are
subject to ERISA. The contracts or arrangements referred to in the foregoing clause (ii) are herein called “Benefit Plans”. 
  

 9 

 (b) Except as set forth on Exhibit 2.11, neither the Company, nor any of its ERISA
affiliates, has any union contracts, collective bargaining, union or labor agreements or other Contract with any group of employees, labor union or employee representative(s), nor is the Company currently engaged in any labor negotiations, excepting
minor grievances, nor, to the Company’s knowledge, is the Company the subject of any union organization effort. The Company is in material compliance with applicable legal requirements respecting employment and employment practices and terms
and conditions of employment, including without limitation, health and safety and wages and hours. No unfair labor practice complaint is pending against the Company before the National Labor Relations Board or other Governmental Agency. There is no
labor dispute, strike, slowdown or work stoppage pending or, to the Company’s knowledge, threatened against the Company. 
 (c) True and correct copies of each of the Benefit Plans listed in Exhibit 2.11 that is subject to ERISA (the “Company ERISA Plan”) and related trust agreements, insurance contracts, and summary descriptions have
been delivered or made available to Buyer by the Company. The Company has also delivered or made available to Buyer a copy of the most recently filed IRS Forms 5500, with attached financial statement and accountant’s opinion, if applicable, for
each of the Company ERISA Plans. The Company has also delivered or made available to Buyer a copy of, in the case of each of the Company ERISA Plans intended to qualify under Section 401(a) of the Code, the most recent Internal Revenue
Service letter as to its qualification under Section 401(a) of the Code. To the Company’s knowledge, nothing has occurred prior to or since the issuance of such letters that could reasonably cause the loss of qualification under the
Code of any of such plans. 
 (d) Except as disclosed in Exhibit 2.11, none of the Company ERISA Plans has participated
in, engaged in or been a party to any prohibited transaction as defined in ERISA or the Code, and there are no claims pending or, to the Company’s knowledge, threatened, involving any Benefit Plan listed in Exhibit 2.11. To the
Company’s knowledge, there have been no violations of any reporting or disclosure requirements with respect to any of the Company ERISA Plans. 
 2.12 Intellectual Property. The Company has good title to, and Exhibit 2.12 contains a detailed listing of, each copyright, trademark, trade name, service mark, domain name and patent (collectively “Intellectual
Property Rights”) used in the operation of its business as currently conducted. Except as otherwise set forth on Exhibit 2.12, all of said Intellectual Property Rights are free and clear of all royalty obligations, security
interests, liens and encumbrances. The Company has taken all reasonable action to protect against and defend against, and has no knowledge of, any conflicting use of any Intellectual Property Rights. The Company does not have nor does the Company
utilize any Intellectual Property Rights except those which are set forth in Exhibit 2.12. 
 2.13 Environmental. 

(a) For purposes of this Section: 
  

 10 

 (i) “Hazardous Materials” means any hazardous, infectious or toxic
substance, chemical, pollutant, contaminant, emission or waste which is regulated by any local, state or federal authority (“Governmental Authorities”). Hazardous Materials include, without limitation, anything which is:
(1) defined as a “pollutant” pursuant to 33 U.S.C. § 1362(6); (2) defined as a “hazardous waste” pursuant to 42 U.S.C. § 6921; (3) defined as a “regulated substance” pursuant to 42 U.S.C. §
6991; (4) defined as a “hazardous substance” pursuant to 42 U.S.C. § 9601(14); (5) defined as a “pollutant or contaminant” pursuant to 42 U.S.C. § 9601(33); (6) petroleum; (7) asbestos; and
(8) polychlorinated biphenyl. 
 (ii) “Environmental Laws and Regulations” means all limitations,
restrictions, conditions, standards, prohibitions, requirements and obligations contained in any laws relating to the regulation or abatement of pollution, or protecting the environment including, without limitation, (1) the Federal Clean Air
Act, 42 U.S.C. §§ 7401 et seq.; (2) the Comprehensive Environmental Response, Compensation, and Liability Act, 42 U.S.C. §§ 9601 et seq.; (3) the Federal Emergency Planning and Community
Right-to-Know Act, 42 U.S.C. §§ 1101 et seq.; (4) the Federal Insecticide, Fungicide and Rodenticide Act, 7 U.S.C. §§ 136 et seq.; (5) the Federal Water Pollution Control Act, 33 U.S.C.
§§ 1251 et seq.; (6) the Solid Waste Disposal Act, 42 U.S.C. §§ 6901 et seq.; (7) the Toxic Substances Control Act, 15 U.S.C. §§ 2601 et seq.; (8) laws relating
in whole or part to emissions, discharges, releases, or threatened releases of any Hazardous Material; and (9) laws relating in whole or part to the manufacture, processing, distribution, use, coverage, disposal, transportation, storage or
handling of any Hazardous Material. 
 (iii) “Pre-existing Environmental Condition” means the presence as of
the Closing Date of any Hazardous Materials in, on, under or about (A) any real property currently owned by the Company and to be transferred to Buyer in connection with this Agreement, and (B) solely to the extent the Hazardous Materials
were released, discharged or disposed during the Company’s tenancy, any leased real property for which Buyer will assume the lease from the Company following the Closing Date. 
 (b) Except as set forth on Exhibit 2.13, there are no pending or, to the Company’s knowledge threatened, claims,
investigations, litigations, administrative proceedings or orders relating to any Hazardous Materials (collectively, “Environmental Claims”) asserted against the Company, or relating to any real property currently or heretofore
owned, leased or operated by the Company. Except as set forth on Exhibit 2.13, the Company is not liable, and has not assumed any liability of any person for investigation, cleanup, compliance or required capital expenditures in connection
with any Environmental Claim or under any Environmental Laws and Regulations. 
 (c) Except as set forth on Exhibit
2.13: (i) no Hazardous Materials are or previously have been stored in any aboveground or underground storage tanks, containers or surface impoundments that are located on real property currently or 

  

 11 

 
formerly owned by the Company, or to the Company’s knowledge any property leased by the Company; and (ii) no part of real property currently or
formerly owned by the Company, or to the Company’s knowledge any property leased by the Company, including the soil and groundwater located thereon, contains Hazardous Materials at concentrations or in amounts that any Environmental Law or
Regulation would require any person to investigate or remediate, (iii) the Company has not received any notices of violation, warning letters, orders, or civil or administrative penalties from Governmental Authorities under any Environmental
Laws and Regulations regarding its operation and its operations are in compliance with all applicable Environmental Laws and Regulations, (iv) the Company holds all permits, licenses and authorizations required under any Environmental Laws and
Regulations and there are currently no proceedings to revoke or deny such permits, licenses and authorizations, and (v) there are no asbestos containing materials or polychlorinated biphehyls present in or on any real property currently or
formerly owned by the Company, or to the Company’s knowledge, any real property leased by the Company. 
 2.14 Real Property.
Except as set forth on Exhibit 2.14: 
 (a) The Company has good title to the Real Property free and clear of all
Liens, except Real Property Permitted Liens. “Real Property Permitted Liens” shall mean (i) all exceptions, restrictions, easements and rights of way disclosed in policies of title insurance; (ii) Liens for Taxes,
assessments or other governmental charges not yet delinquent or the amount or validity of which is being contested in good faith by appropriate proceedings; (iii) landlords’ Liens arising or incurred in the ordinary course of business; and
(iv) Liens set forth on Exhibit 2.14 which such Liens set forth on Exhibit 2.14 shall be removed at or in connection with the Closing. 
 (b) The Company has not leased or otherwise granted to any Person the right to use or occupy the Real Property or any portion thereof; and 
 (c) There are no outstanding options, rights of first offer or rights of first refusal to purchase the Real Property or any portion
thereof or interest therein. 
 2.15 Financial Statements; Absence of Changes. 
 (a) Exhibit 2.15(a)(i) contains correct and complete copies of the consolidated statements of the Company and its subsidiaries of
its: (i) balance sheet; and (ii) income statement; and (iii) cash flows (the “Statements”), in each case as of and for the fiscal year ended December 31, 2006 and the unaudited Statements as of and for the ten
(10) months ended October 31, 2007 (collectively the “Financial Statements”). The Financial Statements were prepared in conformity with Generally Accepted Accounting Principles, except as set forth on Exhibit
2.15(a)(ii) (the “GAAP Exceptions”). 
 (b) Except as set forth on Exhibit 2.15(b), the Financial
Statements present fairly, in all material respects, the consolidated and consolidating financial condition and results of operations of the Company and its subsidiaries as of and for the periods then ended in accordance with Generally Accepted
Accounting Principles. 
  

 12 

 (c) Exhibit 2.15(c) is an accurate and complete schedule of all Receivables as of
November 30, 2007. Except as set forth on Exhibit 2.15(c), each Receivable represents a sale made in the ordinary course of business for a bona fide sale of goods or for services performed. 
 (d) Except as set forth in the balance sheets included in the Financial Statements or on Exhibit 2.15(d), there are no liabilities,
debts, claims or obligations, whether accrued, absolute, contingent or otherwise, whether due or to become due that are required to be included in such Financial Statements in accordance with Generally Accepted Accounting Principles. 
 (e) Except as contemplated by this Agreement and as set forth in Exhibit 2.15(e), since October 31, 2007, the Company has
operated the Business in the ordinary course consistent with past practice and except as set forth in Exhibit 2.15(e): 
 (i) There has been no material destruction, damage or other loss to any material assets; 
 (ii) Other than in the
ordinary course of business, there has been no sale, lease, or other disposition of any asset; 
 (iii) The Company has not
waived, released or canceled any claims against third parties or debts owing to it or any rights which have a value in excess of $10,000 individually or $50,000 in the aggregate; 
 (iv) The Company has not made any borrowing or incurred any debt (other than under
the arrangements with 1st Source identified in this Agreement or the Exhibits hereto) or otherwise become liable for the obligations of any other
person (other than by operation of law pursuant to the mergers contemplated by Section 6.8); 
 (v) The Company
has not made any loan, advance or capital contribution to, or investment in, any other person (other than advances to employees made in the ordinary course of business); 
 (vi) The Company has not granted or permitted the creation of any Lien, other than Permitted Personal Property Liens; 
 (vii) The Company has not made any material changes in its accounting systems, policies, principles or practices, other than any changes
required by applicable accounting standards; and 
 (viii) The Company has not contractually committed or agreed to any of the
foregoing in the future. 
 2.16 Knowledge. Whenever a representation and warranty made by the Company herein refers to the knowledge
or expectation of the Company, such knowledge or 

  

 13 

 
expectation shall be deemed to consist only of the actual knowledge or expectation of Tracy D. Graham and Lisa Ondrula. 
 ARTICLE III  
 REPRESENTATIONS AND
WARRANTIES OF BUYER 
 Buyer hereby represents and warrants to the Company, as follows: 
 3.1 Corporate Organization, etc. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the Commonwealth of
Virginia and will be qualified to do business in the States of Illinois and Indiana on the Closing Date. 
 3.2 Capitalization. As of
the date of this Agreement, Buyer has authorized capital stock consisting of 5,000 shares of Common Stock, no par value per share. 
 3.3
Authorization, etc. Buyer has full corporate power and authority to enter into this Agreement and to carry out the transactions contemplated hereby. The Board of Directors of Buyer has duly authorized the execution and delivery of this
Agreement and the transactions contemplated hereby, and no other corporate proceedings on its part are necessary to authorize this Agreement and the transactions contemplated hereby. 
 3.4 No Violation. Buyer is not subject to or obligated under any certificate of incorporation, bylaw, law, or any agreement or instrument, or any
license, franchise or permit, which would be breached or violated by its execution, delivery or performance of this Agreement. Buyer will comply with all laws in connection with its execution, delivery and performance of this Agreement and the
transactions contemplated hereby. 
 3.5 Governmental Authorities. Buyer is not required to submit any notice, report or other filing
with and no consent, approval or authorization is required by any governmental or regulatory authority in connection with Buyer’ execution or delivery of this Agreement or the consummation of the transactions contemplated hereby. 
 3.6 Financial Ability to Complete Transactions. Buyer has the financial capability to complete the transactions contemplated hereby, including,
without limitation, the ability to pay the Purchase Price on the Closing Date. 
 3.7 No Knowledge of Breach of the Company’s
Representation and Warranties. Neither Buyer nor any of its affiliates or representatives, including, without limitation, Shane Brown and Steve Holter (the “Buyer Affiliates”), are aware of any facts, events or occurrences which
would cause the Company to be in breach of any of its representations and warranties contained in this Agreement and neither Buyer nor any of the Buyer Affiliates have any information which could cause them to believe that any of the representations
and warranties of the Company contained in this Agreement are untrue. 
 3.8 Knowledge. Whenever a representation and warranty made by
the Buyer herein refers to the knowledge or expectation of the Buyer, such knowledge or expectation shall 

  

 14 

 
be deemed to consist only of the actual knowledge or expectation of Shane Brown and Steve Holter. 
 ARTICLE IV  
 COVENANTS OF THE COMPANY 
 Except as otherwise consented to or approved by Buyer in writing, until the Closing, the Company covenants and agrees as follows: 
 4.1 Regular Course of Business. 
 (a) The Company will operate its business in the ordinary course, diligently and in good faith, consistent with past management practices; will not engage in any significant or unusual transaction; will not cancel,
release, waive or compromise any debt, claim or right in its favor having a value in excess of $10,000 individually or $50,000 in the aggregate other than in the ordinary course of business; and will maintain the current insurance coverage of the
Company up to the Closing Date. 
 (b) Without limiting the generality of clause (a), until the Closing Date, without the
prior written consent of Buyer, the Company and its subsidiaries will not: 
 (i) do any act or omit to do any act, or permit
any act or omission to act, which would cause a material breach of any of the Contracts; 
 (ii) sell, transfer, convey,
assign or otherwise dispose of any assets with a fair market value in excess of $5,000 (without purchasing a replacement of the same or better quality and condition) other than for goods or inventory, including parts or supplies, sold or otherwise
disposed of in the ordinary course of business and consistent with past practice; 
 (iii) except for capital improvements,
purchases and expenditures permitted by clause (iv), purchase, lease or otherwise acquire any assets, except for any such transaction less than $5,000 individually in value or $25,000 in the aggregate in value, except for services acquired in the
ordinary course of business and consistent with past practice for the purpose of supporting ongoing sales activities; 
 (iv)
other than in the ordinary course of business and consistent with past practice, waive, release or cancel any claims against third parties for debts owing to it, or any rights which have a value of $5,000 individually or $25,000 in the aggregate;

 (v) (A) make any borrowing, incur any debt (other than trade payables in the ordinary course of business and
consistent with past practice); (B) assume, guarantee, endorse (except for the negotiation or collection of negotiable instruments in the ordinary course of business and consistent with past practice) 

  

 15 

 
or otherwise become liable (whether directly, contingently or otherwise) for the obligations of any other person; or (C) make any payment or repayment
in respect of any indebtedness (other than trade payables and accrued expenses in the ordinary course of business and consistent with past practice); 
 (vi) grant or permit the creation of any Lien, except Personal Property Permitted Liens and Real Property Permitted Liens, over any of the Purchased Assets; 
 (vii) make any loan, advance or capital contribution to, or investment in, any other person other than in the ordinary course of business;

 (viii) enter into, adopt, amend or terminate any bonus, profit sharing, compensation, termination, stock appreciation
right, restricted stock, performance unit, pension, retirement, deferred compensation, employment, severance or other employee benefit agreement, trust, plan, fund or other arrangement for the benefit or welfare of any director, officer, consultant
(except with respect to termination of any consultants) or employee, or increase in any manner the compensation or fringe benefits of any director, officer, consultant or employee or pay any benefit not required by any existing plan and arrangement
or enter into any Contract to do any of the foregoing; 
 (ix) terminate the employment of any employee without cause;

 (x) pay any amount, perform any obligation or agree to pay any amount or perform any obligation, in settlement or
compromise of any suits or claims of liability against the Company or any of its directors, officers, employees or agents; 
 (xi) enter into any employment agreement or other Contract of any kind with any director, officer or employee of the Company; 
 (xii) enter into any Contract with respect to any material modification or termination of any real property Lease; 
 (xiii) issue any additional shares of capital stock or member interests; or 
 (xiv) enter
into any Contract to do any of the foregoing. 
 (c) Without limiting the generality of clause (a), until the Closing Date,
the Company shall use its commercially reasonable efforts to: 
 (i) maintain all licenses and permits that are required for
and material to the conduct of its business as currently conducted; 
  

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 (ii) maintain its books, accounts and records in the usual, regular and ordinary manner,
and on a basis consistent with the Financial Statements and past practices; and 
 (iii) duly comply in all material respects
with all Laws and orders applicable to the Company or as may be required for the valid and effective consummation of the transactions contemplated herein. 
 (d) The Company shall continue to carry their existing insurance policies applicable to periods up to the Closing Date and shall not allow any breach, default, termination or cancellation of such insurance policies or
agreements to occur or exist. 
 4.2 Amendments. Except as required for the transactions contemplated in this Agreement, no change or
amendment shall be made in the Company’s certificate of incorporation or bylaws. The Company will not change the character of its Business. 
 4.3 Access and Disclosure. The Company shall afford to Buyer and its counsel, accountants and other authorized representatives reasonable access during business hours to the Company’s plants, properties, books and records in
order that Buyer may have full opportunity to make such reasonable investigations as it shall desire to make of the affairs of the Company and the Company will cause its officers and employees to furnish such additional financial and operating data
and other information as Buyer shall from time to time reasonably request. From time to time prior to the Closing Date, the Company will promptly supplement or amend in writing information previously delivered to Buyer with respect to any matter
hereafter arising which, if existing or occurring at the date of this Agreement, would have been required to be set forth or disclosed. 
 ARTICLE V  
 CONFIDENTIALITY 
 Each party hereby covenants and agrees that: 
 5.1 Confidentiality. Each party will hold in strict
confidence and not disclose to any other party (other than its counsel and other advisors), without the other party’s prior written consent, all information received regarding the other party, any of the other party’s officers, directors,
employees, agents, counsel or auditors in connection with the transactions contemplated hereby, except as may be required by applicable law or as otherwise contemplated herein. 
 5.2 Books and Records. Buyer shall preserve and keep the Company’s books and records delivered hereunder for a period of seven (7) years
from the date hereof and shall, during such period, make such books and records available to the Company and any successor of the Company and former officers and directors of the Company for any reasonable purpose. 
  

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 ARTICLE VI  
 OTHER AGREEMENTS 
 Buyer and the Company covenant and agree that: 
 6.1 Agreement to Defend. In the event any action, suit, proceeding or investigation of the nature specified in Section 9.3 hereof is
commenced, whether before or after the Closing Date, all the parties hereto agree to cooperate and use their best efforts to defend against and respond thereto. 
 6.2 Consultants, Brokers and Finders. The Company and Buyer each represent and warrant to the other that they have not retained any consultant, broker or finder in connection with the transactions contemplated
by this Agreement, except for Signal Hill Capital Group LLC retained by the Company and FTI Consulting retained by Buyer. The Company and Buyer each hereby agree to indemnify, defend and hold the other party and its officers, directors, employees
and affiliates, harmless from and against any and all claims, liabilities or expenses for any brokerage fees, commissions or finders fees due to any consultant, broker or finder retained by the indemnifying party. 
 6.3 Cooperation; Tax Filings. After Closing, the Company will duly and timely file when due, true, correct and complete tax returns, reports and
estimates prepared in accordance with applicable laws, for all years and periods and for all jurisdictions (whether federal, state, local or foreign) in which such returns, reports or estimates are required. The Company will timely pay all Taxes for
all years and periods shown as due on such returns, reports and estimates. Buyer and the Company shall provide each other with such assistance as may reasonably be requested by the other in connection with the preparation of any return or report of
Taxes, any audit or other examination by any taxing authority, or any judicial or administrative proceedings relating to liabilities for Taxes. Such assistance shall include making employees available on a mutually convenient basis to provide
additional information or explanation of material provided hereunder and shall include providing copies of relevant tax returns and supporting material. The party requesting assistance hereunder shall reimburse the assisting party for reasonable
out-of-pocket expenses incurred in providing assistance. Buyer and the Company will retain for the full period of any statute of limitations and provide the others with any records or information which may be relevant to such preparation, audit,
examination, proceeding or determination. 
 6.4 Representations and Warranties in Article II. Prior to and at the Closing, the only
right or remedy of Buyer on account of any misrepresentation or breach of warranty in Article II or any violation of any covenant contained in Article IV will be to decline to consummate the Closing and/or terminate this Agreement under
Section 10.1(b). After the Closing, the only right or remedy of Buyer on account of any misrepresentation or breach of warranty in Article II (or in the certificate delivered pursuant to Section 7.1, which shall for purposes
of this Agreement constitute a representation and warranty of the Company made in Article II) or any violation of any covenant contained in Article IV shall be those stated in Section 11.1. The Company shall not have any liability
or obligation of any kind whatsoever to 

  

 18 

 
Buyer, or any other person on account of any misrepresentation or breach of warranty in Article II or any violation of any covenant except as stated in this
Section 6.4. 
 6.5 Collateral Agreements. At Closing: 
 (a) Buyer on the one hand, and the Company and Jordan on the other hand, will enter into a non-competition agreement in the form attached
hereto as Exhibit 6.5(a) (the “Noncompetition Agreement”). 
 (b) Buyer on the one hand, and each of
Deflecto Corporation and The Jordan Company, L.P. on the other hand, will enter into the commercial agreement in the forms attached hereto as Exhibit 6.5(b) (the “Commercial Agreement”). 
 6.6 Certain Matters Relating to Employees. 
 (a) Buyer will make offers of employment to all employees of the Company, effective the day after the Closing. Any employee who accepts an offer of employment with Buyer will be terminated by the Company effective as
of close of business on the Closing Date. All liabilities, costs and actions related to the termination of employees by the Company shall be Excluded Liabilities hereunder, and shall remain the obligation of the Company. 
 (b) The Company shall be responsible for any and all liabilities relating to or arising out of the employment of all employees by the
Company or its affiliates. 
 (c) Neither Buyer nor any of its affiliates will adopt, become a sponsoring employer, or have
any obligations with respect to the Benefits, and the Company shall be responsible for any and all liabilities which have arisen or may arise under or in connection with any Benefit Plan. 
 (d) The Company will be responsible for and will perform all applicable tax withholding, payment and reporting duties with respect to any
wages and other compensation and benefits paid or provided by the Company to employees, and Buyer will be responsible for and will perform all applicable tax withholding, payment and reporting duties with respect to any wages and other compensation
and benefits paid or provided by Buyer to employees after the Closing Date for any employee accepting employment with the Buyer. 
 6.7 Release of Liens. Prior to Closing, the Company shall have terminated all Liens other
than Personal Property Permitted Liens and Real Property Permitted Liens which are not required to be removed pursuant to Section 2.8 and 2.14 above. With respect to amounts owed to 1st Source Bank, the Company shall provide an appropriate payoff letter from 1st
Source Bank confirming that all Liens and mortgages of 1st Source (other than Permitted Personal Property Liens for operating leases) will be
released upon payment of the funds identified in such payoff letter to 1st Source Bank. Any amount owed by Company to 1st Source Bank shall be paid from the funds received by the Company at Closing as set forth in Section 1.4(a). The 

  

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Company represents that prior to Closing a tax judgment lien in the amount of $18,916.64, as evidenced in the title records for the South Bend Real Property
has been fully paid, but that the title records have not yet been updated to reflect such payment. Subsequent to Closing, the Company will promptly obtain all filings necessary such that the lien shall be released of record and the title policy for
the South Bend Real Property can be issued with the lien exception deleted. 
 6.8 Merger of Subsidiaries. Prior to Closing, the
Company shall have caused all of its subsidiaries to merge into the Company such that all assets of each subsidiary be transferred to Buyer hereunder, except for any Excluded Assets. 
 6.9 Jordan Guaranty. Jordan unconditionally and irrevocably guarantees the faithful and prompt payment, performance and observance by the Company
of each and every one of the terms, conditions, agreements and covenants hereunder to be kept and performed by the Company (subject to any and all limitations set forth in this Agreement on such payment, performance or observance). Jordan’s
guaranty is a continuing guaranty of payment and not of collection. The reduction of or limitation on any liabilities of the Company, whether pursuant to any federal or state bankruptcy or insolvency proceeding or other action, shall not cause a
reduction in or otherwise affect the liabilities or obligations of Jordan. Buyer shall have the right to proceed against Jordan following any default by the Company without first proceeding against the Company. Jordan waives any and all requirements
that Buyer pursue any remedy or institute any proceeding at law or in equity against the Company as a condition precedent to making a demand or claim under, or bringing an action against Jordan, and agrees that the Company may be released from its
obligations to perform all or part of the matters guaranteed by Jordan without in any way affecting the duties, obligations and liabilities of Jordan under this Section 6.9. If any provision of this Section 6.9 or the
application thereof to any person or circumstance shall to any extent be invalid or unenforceable, the remainder of this Section 6.9, or the application of such provision to persons or circumstances other than those to which it is
invalid or unenforceable, shall not be affected thereby, and shall be valid and enforceable to the fullest extent permitted by law. This guaranty shall inure to the benefit of Buyer and its successors and assigns, and shall be binding upon Jordan
and its successors and assigns. 
 6.10 Chicago Lease. Upon the Closing, Buyer shall commence negotiations with the Landlord of the
Lombard, Illinois data center lease (“Chicago Lease”), for an amendment to the lease on terms as specified in Exhibit 6.10 hereof. Upon completion, in whole or in part, of an amendment containing some or all of such terms,
Buyer shall pay the Chicago Holdback in accordance with Exhibit 6.10 and Section 1.4(b) hereof. 
 6.11 Use of GramTel
name. Promptly following the Closing, the Company shall cause to be filed with the Delaware Secretary of State an amendment to its charter changing its corporate name to one that is not confusingly similar to “GramTel”. Thereafter, the
Company shall promptly file all paperwork necessary with each jurisdiction in which it is authorized to do business to change its name under which such authority is granted. 
  

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 6.12 Sonnenschein Waiver. As a condition of Closing, the Company shall obtain a written waiver
from Sonnenschein Nath and Rosenthal LLP agreeing to waive the termination for convenience rights under its Customer Contract with the Company. 
 6.13 Capital Expenditures. The parties acknowledge that the Chicago Data Center requires additional capital expenditures in order to complete the build-out for 12,000 square feet of conditioned data center floor space at a minimum of
a Tier III level (as defined by the Uptime Institute). Attached hereto as Exhibit 6.13 is a copy of the specifications which the Company represents are the plans as of the date of Closing for the completion of the build-out of such space (the
“Specifications”). A copy of the Company’s proposed budget for completing such buildout in accordance with those Specifications is set forth on Exhibit 6.13 (the “Budget”). Buyer shall use good faith,
commercially reasonable efforts to complete the build-out in accordance with the Specifications and the Budget. To the extent the actual costs incurred by Buyer to complete the build-out in accordance with the Specifications (but excluding any
premiums or similar payments or costs associated with expediting the build-out in a manner that is outside the regular and ordinary course of construction contemplated by the Budget) exceed the Budget by more than Fifty Thousand Dollars ($50,000),
Buyer may make a claim against the Capex Escrow for such excess over Fifty Thousand Dollars ($50,000), and the remainder (if any) of the Capex Escrow shall be payable to the Company within ten (10) business days of the earlier of (i) the
completion of the build-out in accordance with the Specifications or (ii) June 30, 2008. The Company and Buyer agree to execute such join written instructions under the Escrow Agreement as may be reasonably necessary to effect the payments
described in this Section 6.13. For the avoidance of doubt, the Capex Escrow shall be Buyer’s sole recourse for the capital expenditures to complete the build-out of the Chicago Data Center, and Buyer shall bear all risk for any and
all amounts in excess of the Capex Escrow. 
 6.14 Escrow Agreement. At the
Closing, the Company, Buyer and 1st Source Bank (the “Escrow Agent”) shall enter into an Escrow Agreement in the form set forth as
Exhibit 6.14 (the “Escrow Agreement”). Pursuant to Sections 1.4(c) and (d), Buyer shall deposit the Capex Escrow and the Consents Escrow with the Escrow Agent to be held and disbursed pursuant to the terms and
conditions hereof and of the Escrow Agreement. All costs attributable to the Escrow Agreement shall be borne equally by the Company and Buyer. 
 6.15 Certain Termination Costs. The Company and Buyer agree that any damages, costs or expenses incurred by the contract counterparty (and for which recovery is sought by such counterparty against the Company or Buyer) in connection
with the termination by such contract counterparty of any contract for which consent is required pursuant to the terms thereof but not obtained in connection with the transactions contemplated by this Agreement (to the extent such termination is due
to the failure to obtain consent to the assignment of such contract from the Company to Buyer) shall be the responsibility of the Company, and shall expressly be deemed to be Excluded Liabilities hereunder. 
 6.16 Further Assurances and Co-Operation. After Closing, each party agrees to take all actions and execute all documents reasonably requested by
the other party in order to further the purposes of this Agreement. Such cooperation shall include without limitation 

  

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execution of any documents required in connection with transferring title and Buyer’s obtaining title insurance on the Real Property located in South
Bend, Indiana. 
 ARTICLE VII  
 CONDITIONS TO THE OBLIGATIONS OF BUYER 
 Each and every obligation of Buyer under this Agreement shall be subject to the
satisfaction, on or before the Closing Date, of each of the following conditions unless waived in writing by Buyer: 
 7.1 Representations
and Warranties; Performance. The representations and warranties made by the Company herein shall be true and correct in all material respects on the date of this Agreement and on the Closing Date with the same effect as though made on such date;
the Company shall have performed and complied in all material respects with all material agreements, covenants and conditions required by this Agreement to be performed and complied with by it prior to the Closing Date; the Company shall have, and
shall have caused a corporate officer of the Company to have delivered to Buyer a certificate, dated the Closing Date, in the form designated on Exhibit 7.1, certifying to such matters and the other conditions contained in this Article VII.

 7.2 Material Consents. The Company shall have obtained and delivered to Buyer the consents listed on Exhibit 7.2
(collectively, the “Material Consents”), except for delivery of Material Customer Consents that are subject to Section 1.8 hereunder. 
 7.3 Employment of Tracy Graham. Tracy Graham shall have executed an employment agreement with the Buyer, on terms acceptable to Buyer in its sole discretion. 
 7.4 Collateral Agreements. The Company and Jordan shall have executed and delivered the Noncompetition Agreement and the Commercial Agreement.

 7.5 Escrow Agreement. Buyer, the Company and the Escrow Agent shall have executed and delivered the Escrow Agreement. 
 7.6 Post Office Box. The Company shall have delivered all keys and assignments with respect to Post Office boxes. 
 7.7 Other Documents. The Company will furnish or cause the Company to furnish Buyer with
such other and further documents and certificates of its officers and others as Buyer shall reasonably request to evidence compliance with the conditions set forth in this Agreement, including but not limited to the 1st Source payoff letter and the Sonnenschein waiver referenced in Section 6.12. 
  

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 ARTICLE VIII  
 CONDITIONS TO THE OBLIGATIONS OF SELLERS 
 Each and every obligation of the Company under this
Agreement shall be subject to the satisfaction, on or before the Closing Date, of each of the following conditions unless waived in writing by the Company: 
 8.1 Representations and Warranties; Performance. The representations and warranties made by Buyer herein shall be true and correct in all material respects on the date of this Agreement and on the Closing Date
with the same effect as though made on such date; Buyer shall have performed and complied with all material agreements, covenants and conditions required by this Agreement to be performed and complied with by it prior to the Closing Date; Buyer
shall have delivered to the Company a certificate of its President, dated the Closing Date, certifying to the fulfillment of the conditions set forth herein, in the form designated as Exhibit 8.1 and the other conditions contained in this
Article VIII. 
 8.2 Payment. The payments described in Section 1.4 shall have been made. 
 8.3 Collateral Agreements. The Buyer shall have executed and delivered the Noncompetition Agreement and the Commercial Agreement. 
 8.4 Other Documents. Buyer will furnish the Company with such other documents and certificates to evidence compliance with the conditions set
forth in this Article as may be reasonably requested by the Company. 
 ARTICLE IX  
 CLOSING 
 9.1 Closing. Unless
this Agreement shall have been terminated or abandoned pursuant to the provisions of Article X hereof, a closing (the “Closing”) shall be held on December 31, 2007, or on such other date (the “Closing Date”)
mutually agreed upon at such place or places as Buyer shall designate. 
 9.2 Deliveries at Closing. 
 (a) At Closing, the Company shall transfer and assign to Buyer all of the Purchased Assets by delivering a bill of sale, deed for owned
real property and the other agreements, certifications and other documents required to be executed and delivered hereunder at the Closing shall be duly and validly executed and delivered. 
 (b) At Closing, the Company shall deliver to Buyer the Material Consents. 
 (c) At Closing, Buyer shall deliver the Purchase Price to the Company as specified in Section 1.4 hereof and the other
agreements, certifications and other documents required to be executed and delivered hereunder at Closing shall be duly and validly executed and delivered. 
  

 23 

 9.3 Legal Actions. If, prior to the Closing Date, any action or proceeding shall have been
instituted by any third party before any court or governmental agency to restrain or prohibit this Agreement or the consummation of the transactions contemplated herein, the Closing shall be adjourned at the option of any party hereto for a period
of up to one hundred twenty (120) days. If, at the end of such one hundred twenty (120) day period, the action or proceeding shall not have been favorably resolved, any party hereto may, by written notice thereof to the other party or
parties, terminate its obligation hereunder. 
 9.4 Specific Performance. The parties hereto agree that if any party hereto is
obligated to, but nevertheless does not, consummate this transaction, then any other party, in addition to all other rights or remedies, shall be entitled to the remedy of specific performance mandating that the other party or parties consummate
this transaction. In an action for specific performance by any party hereto against any other party, the other party shall not plead adequacy of damages at law. 
 9.5 Assumption of Liabilities. After the Closing, Buyer and its successors and assigns will forever defend, indemnify and hold harmless the Company from and against any and all liabilities and obligations which
Buyer assumed pursuant to Section 1.5. 
 ARTICLE X  
 TERMINATION AND ABANDONMENT 
 10.1 Methods of Termination. This Agreement
may be terminated and the transactions herein contemplated may be abandoned at any time: 
 (a) By mutual consent of Buyer and
the Company; 
 (b) By either Buyer or the Company, if (i) such party is not in breach hereunder and the other party is
in material breach hereunder, (ii) this Agreement is not consummated on or before the Closing Date, including extensions, and/or (iii) the other party seeks protection in a bankruptcy or similar proceeding; or 
 (c) By Buyer, if there has been a material adverse change in the operation, assets, condition (financial or other) or results of operation
of the Business. 
 10.2 Procedure Upon Termination. In the event of termination and abandonment pursuant to Section 10.1
hereof, this Agreement shall terminate and shall be abandoned, without further action by any of the parties hereto. If this Agreement is terminated as provided herein: 
 (a) each party hereto will upon request redeliver all documents and other materials of any other party relating to the transactions
contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same; 
 (b) no
party hereto shall have any liability or further obligation to any other party to this Agreement; and 
  

 24 

 (c) each party hereto shall bear its own expenses. 
 ARTICLE XI  
 INDEMNIFICATION 

 11.1 Indemnification. To the extent set forth in this Section 11.1 only (and subject to the limitations set forth
herein), Buyer will be indemnified by the Company from breaches of the representations and warranties contained in Article II and breaches of any of the covenants or agreements of the Company contained herein and claims arising from the Excluded
Assets or the Excluded Liabilities. The Company will have no other liability to Buyer whatsoever. The Company will be indemnified by Buyer from a breach of Buyer’s representations, warranties and covenants and from the Assumed Liabilities and
liabilities related to the Purchased Assets and/or Buyer’s operations and activities arising after the Closing. All indemnification obligations of the Company will be subject to the following limitations: 
 (a) The Company shall only indemnify Buyer for any loss, damage, or expense, (including but not limited to reasonable attorney’s
fees) (“Damages”), proximately resulting to Buyer on account of (i) any misrepresentation or breach of warranty under Article II, or covenant under Article IV made by the Company; of which Buyer gives written notice to the
Company pursuant to Section 11.2 on or before the six (6) month anniversary of the Closing, except that Buyer shall have until the expiration of the applicable statute of limitations to give written notice to the Company pursuant to
Section 11.2 of any misrepresentation or breach of warranty made or deemed made by the Company pursuant to Sections 2.1, 2.2, 2.4, 2.8, 2.10, 2.11, 2.13 or 2.14, provided, however, that Buyer shall not be entitled to
any indemnification by the Company with respect to any misrepresentation or breach of warranty made or deemed made in Article II or breach of a covenant under Article IV as to which Buyer had knowledge of on or before the Closing or with respect to
matters disclosed on the exhibits hereto; (ii) breach by the Company of this Agreement or any of the Collateral Agreements; (iii) the Excluded Assets or Excluded Liabilities; or (iv) any Pre-existing Environmental Condition.

 (b) Notwithstanding anything contained herein to the contrary, with respect to indemnity under Section 1 l.l(a)(i)
or (iv) above: (i) Buyer shall not be entitled to any indemnification by the Company until the aggregate amount of all such indemnification amounts exceeds an amount equal to two percent (2%) of the Purchase Price (after which the
Company shall only be responsible for indemnifying Buyer for amounts in excess of the amount equal to two percent (2%) of the Purchase Price) (the “Threshold”); and (ii) in no event shall the total liability of the Company
exceed an amount equal to ten percent (10%) of the Purchase Price in the aggregate (the General Cap); provided, that with respect to breaches by the Company of the representations and warranties set forth in Section 2.10 or
Section 2.13, or indemnification under Section ll.l(a)(iv) above, such indemnification shall not be subject to the Threshold, and the maximum total liability shall not exceed fifty percent (50%) of the Purchase Price in the

  

 25 

 
aggregate (the “Tax/Environmental Cap”). For the avoidance of doubt, any Damages applied against the General Cap shall also be applied
against the Tax/Environmental Cap. 
 (c) Notwithstanding anything contained herein to the contrary, in no event shall the
Company have any indemnification obligations for Damages relating to any breach of the representations in Section 2.13 resulting from Buyer or its respective agents and representatives conducting invasive investigations, sampling or
monitoring of or at the real properties owned, leased or operated by the Company unless (i) required to do so by Environmental Laws and Regulations or a governmental authority or (ii) conducted in response to an Environmental Claim. 

(d) The amount of any Damages for which indemnification is provided under this Article XI shall be net of any (i) Tax benefits
actually realized by the Indemnified Party (hereinafter defined) and amounts recoverable by the Indemnified Party under insurance policies or otherwise with respect to such Damages, (ii) amounts recoverable by the Indemnified Party pursuant to
any indemnification by or indemnification or other agreement with any third party or (iii) insurance proceeds or other cash receipts or sources of reimbursement actually received as an offset against such Damages (in each case net of any Tax or
costs incurred to recover such amounts). 
 (e) Notwithstanding anything contained herein to the contrary, in no event will
the Company have any obligation to indemnify Buyer for any Damages to the extent such Damages arise from or relate to any breach by Buyer of this Agreement or the Collateral Agreements. 
 11.2 Notice of Claim. A party entitled to indemnification hereunder (“Indemnified Party”) shall give written notice to the other
party (“Indemnifying Party”) stating specifically the basis for the claim for Damages in reasonable detail, including the nature and amount thereof, and shall tender defense thereof to Indemnifying Party as provided in Section
11.3. 
 11.3 Tender of Defense for Damages. Promptly (and in any event within fifteen (15) business days) upon receipt by
Indemnified Party of a notice of a claim by a third party which may give rise to a claim for Damages, Indemnified Party shall give written notice thereof to Indemnifying Party. Indemnifying Party will have the right to at any time, at its sole
expense, undertake the defense against such claim and may contest or settle such claim on such terms, at such time and in such manner as Indemnifying Party, in its sole discretion, shall elect and Indemnified Party shall execute such documents and
take such steps as may be reasonably necessary in the opinion of counsel for Indemnifying Party to enable Indemnifying Party to conduct the defense of such claim for Damages. Unless and until the Indemnifying Party assumes the defense of any claim
for Damages, the Indemnified Party may defend any claim for Damages, provided, however, the Indemnifying Party may nevertheless, at its own expense, participate in the defense of such claim by Indemnified Party and in any and all
settlement negotiations relating thereto. In any and all events, Indemnifying Party shall have such access to the records and files of Indemnified Party relating to any claim for Damages as may be reasonably necessary to effectively defend or
participate in the defense thereof. In no event will 

  

 26 

 
the Indemnified Party consent to the entry of any judgment on or enter into any settlement with respect to a third party claim for Damages, without the prior
written consent of the Indemnifying Party. 
 11.4 Other. Notwithstanding anything herein to the contrary, in no event will either
party be liable to the other for special, incidental, indirect, consequential or punitive damages. 
 ARTICLE XII  
 MISCELLANEOUS PROVISIONS 
 12.1
Amendment and Modification. Subject to applicable law, this Agreement may be amended, modified and supplemented only by written agreement of the Company and Buyer. 
 12.2 Waiver of Compliance; Consents. Any failure of the Company on the one hand, or Buyer on the other hand, to comply with any obligation, covenant, agreement or condition herein may be waived in writing by
Buyer or the Company, respectively, but such waiver or failure to insist upon strict compliance with such obligation, covenant, agreement or condition shall not operate as a waiver of, or estoppel with respect to, any subsequent or other failure.
Whenever this Agreement requires or permits consent by or on behalf of any party hereto, such consent shall be given in writing in a manner consistent with the requirements for a waiver of compliance as set forth in this Section 12.2.

 12.3 Expenses. Each party hereto will pay its own legal, accounting and other expenses incurred by such party or on its behalf in
connection with this Agreement and the transactions contemplated herein. 
 12.4 Payment of Sales, Use or Similar Taxes. 

(a) Each of the Company and Buyer shall pay fifty percent (50%) of any and all transfer, sales, use, intangible, recordation,
documentary, purchase, value added, excise, real property, stamp, or similar taxes (“Transfer Taxes”) imposed on, or result from, the transfer of any Purchased Assets pursuant to this Agreement (including those Transfer Taxes
imposed on the Company or the Purchased Assets) and any other out-of-pocket costs and expenses that resulting from the transfer of the Purchased Assets to the Buyer pursuant to the terms of this Agreement. Buyer shall, at its own expense, file all
necessary tax returns and other documentation with respect to all such Taxes, fees and charges, and, if required by applicable Law, the Company will join in the execution of any such tax returns and other documentation. 
 (b) Liability of the Company for any real and tangible personal property taxes and assessments, general and special, for the 2007 and 2008
tax years shall be equal to the amount of such property taxes for each year multiplied by a fraction, the numerator of which is the number of days in each year including the Closing Date and the denominator of which is 365 days. Liability for the
remainder of such taxes and assessments shall be borne by Buyer. All tax pro-rations shall be based on tax rates and 

  

 27 

 
assessments for 2007 and 2008 unless such rates and/or assessments are unavailable. If either the tax rates or the tax assessments for 2007 or 2008 are not
available, then such pro-ration shall be made based upon the tax rates and assessments for the prior year (or if only the assessed value for 2007 or 2008 is known, then based on the prior year’s tax rates and the current year’s assessed
value), and shall be adjusted by a cash payment between the Company and Buyer after the Closing as soon as such rates and assessments for 2007 and 2008 are available. To the extent such property taxes and assessments have already been paid for the
2007 or 2008 tax years prior to the Closing Date, Buyer shall pay to the Company Buyer’s pro-rated portion. To the extent that such taxes and assessments have not been paid prior to the Closing Date, the Company will pay to the Buyer the
Company’s pro-rated portion. Buyer shall thereafter pay all such taxes and assessments to the taxing authority when due and shall provide to the Company proof of such payment upon request. For all amounts owed by a party which were not paid as
part of the Closing, within 90 days of Closing, the parties agree to meet and reconcile such amounts between themselves, subject to the dispute resolution mechanisms set forth in this Agreement. After reconciliation, the party owing the net amount
to the other shall remit such amount to the other party within 10 days of final resolution. 
 12.5 Notices. Any notice, request,
consent or communication (collectively a “Notice”) under this Agreement shall be effective only if it is in writing and (i) personally delivered, (ii) sent by certified or registered mail, return receipt requested, postage
prepaid, (iii) sent by a nationally recognized overnight delivery service, with delivery confirmed, or (iv) faxed, with receipt confirmed, addressed as follows: 
 (a) If to the Company, to each of: 
 Thomas H. Quinn 
 GramTel USA, Inc. 
 ArborLake Centre, Suite 550 
 1751 Lake Cook Road 
 Deerfield, Illinois 60015 
 Telephone: (847) 945-5522 
 Facsimile: (847) 945-9099 
 with a copy to: 
 Steven L. Rist, Esq. 
 Sonnenschein, Nath & Rosenthal 
 4520 Main Street, Suite 1100 
 Kansas City, Missouri 64111 
 Telephone: (816) 460-2400 
 Facsimile: (816) 460-2652 
  

 28 

 (b) If to Buyer to: 
 BCSIVA Inc. 
 Attn: General Counsel 
 221 E. Fourth Street. 103-1290 
 Cincinnati, OH 45202 
 Telephone: (513) 397-9900 
 Facsimile: (513) 397-9557 
 with a copy to: 
 Thomas W. Bosse, Esq. 
 The Law Offices of Thomas W. Bosse, PLLC 
 2101 Chamber Center Drive 
 Ft. Mitchell, KY 41017 
 Telephone: (859) 344-9500 
 Facsimile: (859) 344-4952 
 or such
other persons or addresses as shall be furnished in writing by any party to the other party. A Notice shall be deemed to have been given as of the date when (i) personally delivered, (ii) five (5) days after the date when deposited
with the United States mail properly addressed, (iii) when receipt of a Notice sent by an overnight delivery service is confirmed by such overnight delivery service, or (iv) when receipt of the telex or telecopy is confirmed, as the case
may be, unless the sending party has actual knowledge that a Notice was not received by the intended recipient. 
 12.6 Assignment.
This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors and permitted assigns, but neither this Agreement nor any of the rights, interests or
obligations hereunder shall be assigned by Buyer without the prior written consent of the Company except in the case of an assignment to an affiliate in which case notice, but no consent, shall be required provided that no such assignment
shall relieve Buyer of any of its obligations hereunder. 
 12.7 Governing Law. This Agreement shall be governed by the laws of the
State of New York (regardless of the laws that might otherwise govern under applicable principles of conflicts of law of the State of New York) as to all matters including, but not limited to, matters of validity, construction, effect, performance
and remedies. 
 12.8 Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an
original, but all of which together shall constitute one and the same instrument. 
 12.9 Neutral Interpretation. This Agreement
constitutes the product of the negotiation of the parties hereto and the enforcement hereof shall be interpreted in a neutral manner, and not more strongly for or against any party based upon the source of the draftsmanship hereof. 
  

 29 

 12.10 Headings. The article and section headings contained in this Agreement are for reference
purposes only and shall not affect in any way the meaning or interpretation of this Agreement. 
 12.11 Entire Agreement. This
Agreement, which term as used throughout includes the Exhibits hereto, embodies the entire agreement and understanding of the parties hereto in respect of the subject matter contained herein. There are no restrictions, promises, representations,
warranties, covenants or undertakings other than those expressly set forth or referred to herein. This Agreement supersedes all prior agreements and understandings between the parties with respect to such subject matter. 
  

 30 

 IN WITNESS WHEREOF, the parties hereto have entered into this Agreement as of the date first hereinabove
set forth. 
  

			
	GRAMTEL USA, INC.
		
	By:	 	 /s/ Lisa Ondrula

	Name:	 	
	Title:	 	
	
	JORDAN INDUSTRIES, INC., solely for the purpose of agreeing to the provisions of Section 6.5 and Section 6.9
		
	By:	 	 /s/ Lisa Ondrula

	Name:	 	
	Title:	 	
	
	BCSIVA INC.
		
	By:	 	 /s/ Shane Brown

	Name:	 	 Shane Brown

	Title:	 	 VP Business Development

 SCHEDULE OF EXHIBITS 
 TO 
 AGREEMENT FOR PURCHASE AND SALE OF  
 GRAMTEL USA, INC. 
  

					
	 	 	 Exhibits
	 	 Title

	C	 	Exhibit 1.2(a)	 	Equipment
			
	C	 	Exhibit 1.2(f)	 	Excluded Contracts
			
	C	 	Exhibit 1.2(g)	 	Real Property
			
	C	 	Exhibit 1.3	 	Excluded Assets
			
	B	 	Exhibit 1.8	 	Material Customer Consents
			
	C	 	Exhibit 2.1	 	Certificate of Incorporation, Bylaws and Certificates of Authority of the Company
			
	C	 	Exhibit 2.2	 	List of Stockholders
			
	C	 	Exhibit 2.5	 	No Violation
			
	C	 	Exhibit 2.7	 	Schedule of Contracts
			
	C	 	Exhibit 2.8	 	Title and Related Matters
			
	C	 	Exhibit 2.9	 	Legal Proceedings and Judgments
			
	C	 	Exhibit 2.10	 	Certain Tax Matters
			
	C	 	Exhibit 2.11	 	Benefit Plans
			
	C	 	Exhibit 2.12	 	Schedule of Intellectual Property Rights
			
	C	 	Exhibit 2.13	 	Environmental Matters
			
	C	 	Exhibit 2.14	 	Real Property
			
	C	 	Exhibit 2.15(a)(i)	 	Financial Statements
			
	C	 	Exhibit 2.15(a)(ii)	 	GAAP Exceptions
			
	C	 	Exhibit 2.15(b)	 	Exceptions to Financial Condition

  

 32 

					
	 	 	 Exhibits
	 	 Title

	C	 	Exhibit 2.15(c)	 	Receivables Aging Schedule
			
	C	 	Exhibit 2.15(d)	 	Additional Liabilities
			
	C	 	Exhibit 2.15(e)	 	Ordinary Course Exceptions
			
	B	 	Exhibit 6.5(a)	 	Noncompetition Agreement
			
	B	 	Exhibit 6.5(b)	 	Commercial Agreement
			
	B	 	Exhibit 6.10	 	Chicago Lease Amendment
			
	C	 	Exhibit 6.13(a)	 	Chicago Buildout Plan
			
	C	 	Exhibit 6.13(b)	 	Chicago Buildout Budget
			
	C	 	Exhibit 6.14	 	Escrow Agreement
			
	C	 	Exhibit 7.1	 	Certificate of Fulfillment of Conditions by the Company
			
	C	 	Exhibit 7.2	 	Material Consents
			
	C	 	Exhibit 8.1	 	Certificate of Fulfillment of Conditions of Buyer
		
		 	 C - First draft to be prepared by counsel for the Company.

  

 33

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