Document:

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                                                                   Exhibit 10.70

                                  SUNTRUST BANK
                                 LOAN AGREEMENT

         THIS AGREEMENT, entered into this 20th day of September, 2002, by and
between SunTrust Bank, hereinafter referred to as "Lender", Exactech, Inc., a
Florida corporation, hereinafter referred to as "Borrower".

                                   WITNESSETH

         WHEREAS, Borrower and Lender entered into a Loan Agreement and other
Loan Documents dated November 1, 1997; and,

         WHEREAS, Borrower and Lender desire to enter into this Loan Agreement
to evidence the terms of their agreement for the modification of the terms for
the loan.

         NOW, THEREFORE, for and in consideration of the sum of Ten and No/100
Dollars ($10.00) and other valuable consideration paid by each to the other, the
receipt of which is hereby acknowledged, the parties agree as follows:

         1.   Borrower desires to borrow the additional sum of $4,200,000.00 for
the purpose of completing the expansion of the plant and office complex located
at 2320 N.W. 66/th/ Court, Gainesville, Alachua County, Florida The loan will be
secured by a first mortgage filed and perfected security interests as recorded
in O.R. Book 2140, at Pages 1860, 1883, 1893 and 1902; and in O.R. Book 2141, at
Pages 1994, 2017, 2027 and 2036; all references being to the Public Records of
Alachua County, Florida, and by UCC-1 Financing Statement filed with the
Secretary of State on November 18, 1997, under filing acknowledgment
#970000260452, encumbering the plant and office complex being expanded that is
located at 2320 N.W. 66/th/ Court, Gainesville, Alachua County, Florida, and a
collateral assignment of and perfected security interest in all furniture,
fixtures, furnishings, machinery, equipment, moveable trade fixtures,
accessories, all building improvement and construction materials, supplies and
articles of personal property, all funds on deposit with Secured Party and its
affiliates; and all general intangibles; as well as all parts, replacements,
additions, substitutions, profits, rents, leases, contract rights, plans,
specifications, permits, licenses, products and cash and non-cash proceeds of
the foregoing (including insurance and condemnation proceeds payable by reason
of condemnation of or loss of damage thereto) in any form and wherever located.
The foregoing Collateral is located at or affixed to or pertains to real
property known as Exactech located at 2320 N.W. 66th Court, Gainesville, Alachua
County, Florida, and is more particularly described in the attached Exhibit AA@,
wherein the record owner is Exactech, Inc. Borrower shall execute a future
advance promissory note, future advance receipt, mortgage modification and other
loan documents for the loan. Interest will accrue at the rate equal to

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the One Month LIBOR index, to change on the day the One Month LIBOR index may
change, plus 150 basis points (1.50%), and be payable interest only monthly on
sums drawn for a one (1) year construction period first due on October 20, 2002,
and continuing to be due on the 20th day of each month thereafter until
September 20, 2003. On October 20, 2003, the loan shall commence monthly
amortization payments of principal in sum of $17,500.00, together with accrued
but unpaid interest, which shall continue to be due on the 20th day of each
month thereafter until September 20, 2012, at which time the loan shall balloon
and all unpaid sums of principal and interest shall be due and payable in full.

         The loan amount sum of $4,058,954.50 shall be reserved in a separate
LIP account with the sums available to fund the renovations and further
improvements in the periodic construction progress payment draws. The LIP
account shall be disbursed and the Borrower shall contribute further equity, if
needed, in accordance with a Use Of Proceeds Sheet that Lender an Borrower have
agreed to prior to closing. In the event that Borrower contributes further
equity, the Borrower shall pay in the further equity by paying the first sums
due to the contractor.

         The sum of $95,000.00 shall be reserved to pay interest. In the event
that an unfunded balance remains in the interest reserve at the end of the one
(1) year construction period, the unfunded balance will be canceled and never
advanced.

         2. Borrower shall provide certain documents to Lender relating to the
improvements to be constructed, some of which documents may be itemized in the
applicable Construction Loan Agreement of even date herewith. The documents to
be provided shall include but not be limited to, surveys, building permit, proof
of builder's risk insurance, cost breakdown, specs and plans, and signed
construction contract with a company acceptable to Lender.

         Prior to any disbursements to fund improvements, the Lender shall have
first received:

         a.  A letter of acceptable evidence showing availability of water and
             sewer and all other necessary utility services to the subject
             property provided by the Borrower.

         b.  Borrower shall provide written evidence (and/or copies of) that all
             required licenses, permits and approvals of governmental
             authorities for the intended use for the project have
             unconditionally and validly been issued and obtained.

         c.  Written evidence that the project is finally and properly zoned for
             its contemplated use.

         4.  Construction contract(s) with a company or companies approved by
             the Lender. The Lender shall approve Perry Construction without
             requiring Borrower to secure and pay for a full performance and
             payment bond as a condition of approval.

         In addition, Lender shall not be obligated to make disbursements unless
and until the following

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conditions are satisfied:

         a.  There shall be no default under this agreement, the Note or
             Mortgage.

         b.  Lender or its designated agent shall have received a completed
             request for disbursement of the value of the work in place on
             standard AIA forms. A 10% holdback of the construction funds will
             be withheld until completion of the project and compliance with
             Chapter 713 of the Florida Statutes and all loan conditions are
             met. Lender shall not be required to disburse hereunder sooner than
             ten (10) days after the receipt of such requests. Such request
             shall be accompanied by:

             i.    Proof as to paid and unpaid construction bills for
                   materialmen and subcontractors which show full payment
                   (except for holdbacks) of such bills then due and payable
                   except those covered under the current draw request.

             ii.   The general contractor's partial waiver of lien and lien
                   waivers for all work and materials as required by the title
                   insurance company for the issuance of endorsements, except
                   that are covered by the current requests.

             iii.  Any inspection reports or architectural certificates with
                   respect to the stage of completion of the improvements, and
                   such other proof as Lender may reasonably require to
                   establish that development or construction progress has been
                   made in compliance with the plans and specifications.

             iv.   If the current status of the general contractor is in default
                   under its contract with owner, then the current status of
                   accounts of subcontractors, materialmen and laborers
                   furnishing labor, materials, or services in the construction
                   of the improvements.

             v.    Advice from Lender or inspector that the construction of the
                   improvements by the general contractor theretofore performed
                   is in full compliance with the plans and specifications.

             vi.   If requested by Lender, additional advice from the title
                   insurance company that a search of the public records
                   discloses no change in the condition to the title to the
                   property which is unacceptable to Lender.

             vii.  If the stage of construction is such that the foundation of
                   the improvements has been substantially completed, and Lender
                   has not heretofore received it, a foundation survey certified
                   to lender and in form and scope satisfactory to Lender.

             viii. In the case of the last disbursement Lender shall also have
                   received:

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                    a.  Approval by local government authorities having
                        jurisdiction of the construction and improvements that
                        the same have been completed in accordance with all
                        applicable laws, rules ordinances and regulations.

                    b.  Advice from Lender or inspector to the effect that the
                        improvements by the general contractor have been
                        completed in accordance with the plans and
                        specifications.

                    c.  Two prints of a final survey showing the completed
                        improvements certified to the satisfaction of Lender,
                        and otherwise satisfactory to Lender.

                    d.  Final lien waivers and owner's and contractor's
                        affidavits which may be required under Florida
                        construction lien law.

         The Lender shall not be obligated to make disbursements unless and
until the following conditions are satisfied by the Borrower. The following
documents shall be provided in the order indicated:

              First Draw          -Notice of Commencement - recorded copy
                                  -Building Permit - copy
                                  -Builder's Risk Insurance - original
                                  -Improvement Spot Survey - 2 original prints
                                   under Seal
                                  -Lender's inspection

              Final Draw          -Certificate of Occupancy - copy
                                  -Final Inspection - Original
                                  -Final Survey - 2 original prints under Seal,
                                   certified and acceptable to Lender
                                  -Final Lien Waivers and Releases signed by
                                   General Contractors, all material suppliers
                                   and all Subcontractors, Owner's Affidavit
                                   and "Clean" Final Contractor's Affidavit.
                                  -Hazard and Liability Insurance with full
                                   replacement cost coverage listing Lender as
                                   Mortgagee/Loss Payee.

         Borrower understands that the project costs could exceed the costs
which the Borrower has budgeted. Borrower represents and warrants that it has
sufficient cash to cover any such cost overruns if they materialize out of its
own equity understanding that Lender will not increase its loan amount.

         3.   Borrower will provide hazard, builder's risk, flood, liability,
business interruption, workmen's compensation and other insurances that the
Lender may require in form and issued by companies acceptable to Lender naming
Lender an additional insured and/or loss payee.

         4.   Borrower will provide a mortgage title insurance policy for the
loan amount on an ALTA form, issued by a title company or issuing agent
acceptable to Lender, insuring Lender's disbursements and mortgage as a first
lien, and showing the title to the property to be vested in the Borrower, free
of exceptions, except such that shall be acceptable to Lender and its counsel.

         5.   Borrower shall provide current and up to date improvements
location and final land surveys

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                                       5

showing all site improvements, abutting public road right of ways, easements,
setback lines, and encroachments affecting the property acceptable to Lender,
its counsel and the title company.

         6.    This loan is subject to an appraisal prepared for the Lender by
an appraiser approved by the Lender. The appraised value is subject to review by
the Lender.

         7.    The Borrower hereby agrees to pay the property taxes on the
subject property when they become due. Failure to pay the taxes on the loan
property by the due date will result in a default of the loan according to the
terms of the mortgage to be signed at closing. The Lender reserves the right, at
any time during the term of this loan, to require the Borrower to escrow the
property taxes monthly with the Lender.

         8.    Borrower will provide business (all entities owned or controlled
by Borrower) financial statements, within sixty (60) days of quarter end and
annual audited financial statements within one hundred twenty (120) days after
year end, or sooner upon request from Lender, in a format acceptable to the
Lender.

         9.    All loan documents are subject to review by Lender's counsel. At
all times during the pendency of the loan, Borrower agree to execute or provide
such documents as are requested by Lender to properly perfect Lenders lien
and/or security interest in the collateral.

         10.   Borrower shall pay all closing costs associated with the loan
closing. And, the Lender reserves the right to require the services of an
independent consulting engineer and/or architect to be engaged by the Lender at
the cost and expense of the Borrower to perform construction inspection services
for the Lender prior to disbursing any draw proceeds.

         11.   Borrower will permit Lender to publicize its involvement in the
property, and will permit Lender to place and keep its "financed by" signs upon
the property at all times during the construction phase of the Loan.

         12.   Borrower shall maintain its primary depository account for its
receipts with Lender at all times that the loan remains unpaid.

         13.   Borrower hereby represent and warrant that:

               a.   All necessary actions have been taken to authorize the
                    execution and delivery of all loan documents and the
                    transactions contemplated thereby.

               b.   There is no litigation or similar proceeding threatened or
                    pending against Borrower which may materially affect their
                    ability to perform their obligations hereunder.

               c.   There exists no event or circumstance which, with notice or
                    lapse of time, or both, would constitute grounds for
                    termination of the loan commitment, if any was issued for
                    this loan.

               d.   There are no outstanding or unpaid judgments against
                    Borrower, and all federal, state

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                    and local taxes, assessments or fees imposed upon Borrower
                    or the property have been paid.

               e.   No consent, approval or other authorization is required with
                    respect to this transaction from any person not a party to
                    this transaction under any document by which Borrower is
                    obligated or bound.

               f.   All warranties and representations contained in the loan
                    documents are true and correct.

               g.   Past and current uses of the subject property comply with
                    all federal, state and local environmental statutes,
                    regulations and ordinances.

               h.   The Borrower has not received a citation, notice of
                    violation or formal complaint from any federal, state or
                    local environmental agency for noncompliance.

               i.   The Borrower has no knowledge of any threatened
                    environmental agency for noncompliance.

               j.   The Borrower has no knowledge of any threatened
                    environmental enforcement actions.

               k.   The Borrower will covenant to comply with all present and
                    future environmental laws and take remedial action upon the
                    discovery of contamination.

               l.   The Borrower will indemnify and hold harmless the Lender
                    against any and all damages, claims or causes of action
                    arising from the previous, present or ongoing usage of the
                    subject property (including any improvements thereon)
                    relating to the presence of, release or discharge of toxic
                    or hazardous substances, petroleum or petroleum products,
                    chemicals, pollutants, or other contaminants on the subject
                    property.

         14.   In order to evaluate the environmental risks associated with this
transaction, the Borrower will, upon request by Lender only if Lender has
reasonable cause to so require, give permission to the Lender and its agents and
contractors to enter the subject property for the purpose of conducting its own
environmental assessment or hydrogeologic study of the property including soil
borings, installation of piezometers, the collection of soil and surface water
samples, geophysical or geotechnical testing, soil vapor surveys and the
installation and sampling of groundwater monitoring wells. All such assessments
studies, inspections and investigations deemed necessary by the Lender shall be
conducted at Borrower's expense.

         15.   The occurrence of any of the following events shall be a default
under this Loan Agreement, the Mortgage, the Promissory Note and all other loan
documents, entitling the Lender to the remedies as set

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                                       7

forth therein:

               a.   Borrower's admission in writing of their inability to pay
                    its debts as they become due, the filing of a petition of
                    bankruptcy or being adjudicated a bankrupt or insolvent or
                    filing a petition seeking any reorganization, arrangement,
                    composition, readjustment, liquidation, dissolution,
                    receivership or similar relief under any present or future
                    statute law or regulation.

               b.   If any statement or representation made by Borrower in this
                    agreement or in support of the loan application shall prove
                    untrue.

               c.   Default by Borrower in the performance of any other
                    covenant, condition or agreement contained in any of the
                    loan documents.

               d.   Default by Borrower under any other loan or extension of
                    credit by Lender to Borrower.

         16.   All of the terms and conditions of the Commitment Letter for this
loan dated September 11, 2002, are by reference incorporated herein and made
part hereof.

         Inasmuch as the said Commitment Letter provides for an interest rate
swap option, the Borrower and the Lender agree to the following definitions:

               AObligations@ shall mean any indebtedness, liabilities, or
               obligations, now existing or hereafter arising, due or to become
               due, absolute or contingent, of the Borrower to the Lender under
               any Financial Contract permitted hereunder.

               AFinancial Contract@ shall mean (1) an agreement (including terms
               and conditions incorporated by reference therein) which is a rate
               swap agreement, basis swap, forward rate agreement, commodity
               swap, commodity option, equity or equity index swap, bond option,
               interest rate option, foreign exchange agreement, rate cap
               agreement, rate floor agreement, rate collar agreement, currency
               swap agreement, cross-currency rate swap agreement, currency
               option, any other similar agreement (including any option to
               enter into any of the foregoing); (2) any combination of the
               foregoing; or (3) a master agreement for any of the foregoing
               together with all supplements.

         And, inasmuch as the said Commitment Letter provides for an interest
rate swap option, the mortgage, commercial security agreement, assignment of
rents and all other security instruments are hereby amended so that as amended
all security will be pledged and encumbered to secure the prompt and complete
payment and performance of not only the specific obligation therein described
(whether at the stated maturity, by acceleration, or otherwise) but also all
Financial Contracts and Obligations made by and between the Borrower

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and the Lender.

         17   The said Loan Agreement and all of the other Loan Documents dated
November 1, 1997, remain in full force and effect except as modified.

         IN WITNESS WHEREOF, the parties hereto have set their hands and seals
the day and year first written above.

LENDER:       SunTrust Bank

         BY:  /s/ Ronald A. Brame, Jr.
              ------------------------
              Ronald A. Brame, Jr., Vice President

BORROWER(S):  Exactech, Inc., a Florida corporation

         BY:  /s/ Gary J. Miller                (CORPORATE SEAL)
              ------------------
              Gary J. Miller, Its Vice PresidentAsset Purchase Agreement

   
 Exhibit 10.55
 ASSET PURCHASE AGREEMENT
          This Asset Purchase Agreement, referred to herein as the “Agreement”, is made and entered into on August 5, 2002, but is effective June 30, 2002, by and between
eMerge Interactive, Inc., a Delaware corporation, referred to herein as the “Seller” Eastern Livestock Co., L.L.C., referred to herein as the “Buyer” and Thomas P. Gibson, Individually, referred to herein as the
“Guarantor”. Buyer, Seller, and Guarantor are referred to collectively herein as the “Parties”.
 BACKGROUND
          A.     The Seller, among other businesses, is engaged in the business of buying cattle for immediate resale of cattle on a short-term basis
(herein referred to as the “Eastern Rollover Business”).
          B.     The “Eastern Rollover Business” generates
profits based on the difference in price between the purchase price and the selling price of the cattle, and generates profits by the buying and selling of cattle for others on a commission basis. It includes, without limitation, the activities
known in the livestock industry as dealing, brokering, and trading.
          C.     On April 20, 2000, eMerge Interactive, Inc., and Eastern
Livestock Co., Inc., a Kentucky Corporation, and Thomas P. Gibson, individually, and John S. Gibson, individually, entered into an Agreement for the Purchase and Sale of Assets (the “Purchase Agreement dated 04/20/00”). Pursuant to this Purchase Agreement dated 4/20/00 Seller purchased the assets of the Eastern Rollover Business from related entities of
Buyer. 
          D.     On October 16, 2001, but effective October 1, 2001,
Buyer and Seller entered into a Lease and
Operating Agreement. Pursuant to this Lease and Operating Agreement, Buyer agreed to lease from and operate the Eastern Rollover Business for a term of one year ending September 30, 2002. Said consideration for the Lease and Operating Agreement
included a division of the profits as well as an unsecured loan from Seller to Buyer in the amount of $3,200,000.00.
          E.     On
February 28, 2002, Buyer and Seller entered into an Amendment to Lease and Operating Agreement. The Parties amended certain provisions of the Lease and Operating Agreement for purposes of Buyer’s line of credit with National City Bank of
Kentucky.
          F.     Now, the Parties contemplate a transaction in which 
Buyer acquires all of assets that were
purchased by Seller pursuant to the Purchase Agreement as well as any other assets that relate to the Eastern Rollover Business, whether acquired before or after April, 2000, save and except the excluded assets set forth in Article 1.1 hereof (referred to herein as “Excluded Assets”).
          Now, therefore, for good and valuable consideration
the receipt and sufficiency of which are hereby acknowledged and in consideration of the mutual covenants, representations, warranties and agreements contained herein, the Parties hereby agree as follows:
 ARTICLE 1
BASIC TRANSACTION
          1.1     Commitment to Sell
and Assign. Upon the terms and subject to the conditions set forth in this Agreement, Seller shall sell, transfer, assign, convey and deliver to Buyer all of the assets, properties, interests, business, goodwill, claims and
other rights of Seller (other than the “Excluded Assets”) relating to the Eastern Rollover Business, whether tangible or intangible, vested or unvested, contingent or otherwise, and wherever located, whether or not reflected on the books
and records of Seller and whether or not described in this Agreement as such existed as of the date hereof, together with additional
  

  
  
 assets acquired from the date hereof to the Closing Date, including without limitation all right, title and interest of Seller in and to the specified
assets, properties and rights set forth below (and referred to herein as the “Purchased Assets”):

	 	(a)	 	All of those assets remaining in possession of Seller, except the Excluded Assets set forth in the last paragraph of this Article 1.1, that were purchased by Seller pursuant
to the Purchase Agreement dated 04/2000;
	 	 	 
	 	(b)	 	All furniture, property, equipment, fixtures, leasehold improvements, tools, machinery, office equipment, plant and other tangible personal property related to or used in connection with the Eastern Rollover
Business;
	 	 	 
	 	(c)	 	Seller’s interest in all personal property leases, equipment leases, rental agreements, sales and purchase orders, permits, license and maintenance agreements, third party product agreements, third party supply
agreements and any and all other contracts or binding agreements related to the Eastern Rollover Business;
	 	 	 
	 	(d)	 	All Intellectual Property (as defined in Article 8(A)) related to the Eastern Rollover Business including, without limitation, the trade names and trademarks descriptive of
and associated with “Eastern Livestock Co.”;
	 	 	 
	 	(e)	 	All goodwill associated with the Eastern Rollover Business; and
	 	 	 
	 	(f)	 	Any presence on the World Wide Web related to the Eastern Rollover Business.

 Notwithstanding the foregoing, the Purchased Assets shall not include: (i) all cash and
cash equivalents of Seller in the possession of Buyer related to the business activities of eMerge Interactive, Inc.; and (ii) all accounts receivable of Seller in the possession of Buyer related to the business activities of eMerge Interactive,
Inc..
          1.2     Terms of Sale. Subject to the terms and conditions of this Agreement
and in reliance upon the representations, warranties, covenants and agreements of the Seller, the Buyer shall:
          A.     Pay to Seller
the sum of Six-Hundred Thousand Dollars and No/100s ($600,000.00) in three (3) equal installments of Two-hundred thousand dollars ($200,000) each as follows:

	 	i.	 	The first payment will be made 30 days from the Closing Date; 
	 	 	 
	 	ii.	 	The second payment will be made on the first anniversary of the closing date; and 
	 	 	 
	 	iii.	 	The third payment will be made on the second anniversary of the closing date.

          B.     Transfer Buyer’s One Million (1,000,000) shares of stock of eMerge Interactive, Inc., at closing by executing a Stock Power and/or such other documents necessary to effectuate transfer; and
          C.     Repay the Three Million Two Hundred Thousand Dollar ($3,200,000.00) Promissory Note dated 10/16/01 (see Exhibit A) by and between Buyer and Seller on the following terms:

	 	i.	 	Three Million Two Hundred Thousand Dollars ($3,200,000.00) on or before September 30, 2002.

          1.3     Personal Guaranty. Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties, covenants and agreements of the
Seller, Thomas P. Gibson, Individually, hereby irrevocably and unconditionally guarantees to the Seller the full and prompt payment of all sums owed to Seller under Article 1.2 of this Agreement. This
Guaranty shall run concurrently with the Guaranty given in favor of Seller by Thomas P. Gibson on October 16, 2001.

            1.4    Liabilities. Seller shall retain and
Buyers
 shall not assume any obligations or liabilities of Seller, other than with respect to the Purchased Assets. Specifically, Buyers shall not assume any obligations or liabilities whatsoever with respect to the line of
credit between Seller and CIT Group, Inc.
          1.5     Release of Noncompetition, Termination of
Employment. 
Seller hereby rescinds, releases, waives and forever discharges Buyer, Thomas P. Gibson, and John S. Gibson from any and all covenants and agreements contained in Section 7, Section 8 or
Section 9 of the Lease And Operating Agreement as well as from any and all covenants and agreements contained in Section 8 of the Employment Agreement and as most recently amended by the Second Amendment to the Employment Agreement dated October 16,
2001, and any other restrictions pertaining to the future employment or business endeavors of Buyer, Thomas P. Gibson or John S. Gibson. 
          1.6     Termination of Lease And Operating Agreement and Amendment to Lease And Operating Agreement. Parties hereto agree that June 30, 2002 shall be the termination date
of the Lease And Operating Agreement and amendment thereto (“Lease And Operating Agreement”). With respect to the termination of the Lease And Operating Agreement, Parties agree as follows:
          A.     June 30, 2002 shall be the relevant date for which the Buyer shall make its final “calculation of net profits/net loss” pursuant
to Section 2(b) of the Lease And Operating Agreement.
          B.     Following June 30, 2002, Buyer shall continue to operate in accordance
with the Lease And Operating Agreement as related to the transactions occurring on or before June 30, 2002. 
          C.     As to the
Account Receivables on the books of the Rollover Business of June 30, 2002, Buyer shall use commercially reasonable efforts to collect such receivables.
          D.     As to any expenses relative to the operation of the Rollover Business incurred on or before June 30, 2002, Buyer shall pay such expenses.
          E.     No later than September 1, 2002, Buyer shall provide in writing to Seller a final “calculation of net profits/net loss”.

          F.     No later than September 15, 2002, Parties shall make full and final settlement of any and all monies due from or to Buyer
and Seller pursuant to the Lease And Operating Agreement. 
 ARTICLE 2
CLOSING
          2.1     Closing. Subject to the provisions and conditions of this Agreement, the Closing will take
place at the office of Clayborne L. Nettleship, Attorney, 406 W. Wallace, San Saba, Texas 76877, on or before August 9, 2002, or on such other date as the Parties to this Agreement agree in writing (referred to herein as the “Closing
Date”).
          2.2     Deliveries at Closing by Seller. Seller shall at the Closing
Date execute and deliver to Buyers the following:

	 	(a)	 	Such instruments of sale, transfer, conveyance, and assignment as the Buyer and its counsel may reasonably request.
	 	 	 
	 	(b)	 	A certificate by the Secretary of State of Delaware that the Seller is existing and in good standing as a corporation; 
	 	 	 
	 	(c)	 	Possession of the Purchased Asset;
	 	 	 
	 	(d)	 	Bill of Sale.

          2.3     Deliveries at Closing by
Buyer. Buyer shall at the Closing Date execute and deliver to Seller the following:
  

	 	 (a)	 	A Stock Power on Buyer’s 1,000,000 shares of eMerge Stock, Inc.; and
	 	 	 
	 	(b)	 	and such other instruments of transfer, and assignment as the Sellers and its counsel may reasonably request in regard to the transfer of stock, and the personal guaranty.

 ARTICLE 3
REPRESENTATIONS AND WARRANTIES OF SELLER
          The Seller warrants and
represents each of the statements set forth in this Article are true, correct, and complete and will be true, correct, and complete as of the Closing Date.
          3.1     Organization of Seller. The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware. 
          3.2     Authorization and Effect of Transaction. The Seller has the full power and authority to
execute, deliver and fully perform its obligations under this Agreement.
          3.3     Noncontravention. Neither the execution and the delivery of this Agreement, nor the consummation of the transactions contemplated hereby will (i) violate any constitution, statute, regulation, rule, injunction,
judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to which the Seller is subject or any provision of the charter or bylaws of the Seller, or (ii) conflict with, result in a breach of,
constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice under any agreement, contract, lease, license, instrument, loan, or other arrangement to
which the Seller is a party or by which it is bound or to which any of its assets is subject (or result in the imposition on any Security Interest (as defined in Article 8(B))upon any of its assets). The Seller is not required to give any notice to,
make any filing with, or obtain any authorization, consent, or approval of any government or governmental agency in order for the Parties to consummate the transactions contemplated by this Agreement. 
          3.4     Title to Purchased Assets. The Seller has good and marketable title to each of the
Purchased Assets free and clear of any Security Interest or restriction on transfer.
          3.5     Bulk
Sales. The Seller will have complied with any applicable bulk sales statutes at the time of closing.
 ARTICLE 4
REPRESENTATIONS AND WARRANTIES
OF BUYERS
          The Buyers warrant and represent to the Seller that each of the statements contained in this article are true and correct. 
          4.1     Organization of Buyer. Eastern Livestock Co., LLC, is a limited liability company duly
organized, validly existing, and in good standing under the laws of the Commonwealth of Kentucky. 
          4.2     Authorization and Effect of Transaction. The Buyer has the full power and authority to execute, deliver and fully perform it’s obligations under this Agreement.
          4.3     Noncontravention. Neither the execution and the delivery of this Agreement, nor the
consummation of the transactions contemplated hereby will (i) violate any constitution, statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to which
any Buyer is subject or any provision of the operating agreement, charter or bylaws of any Buyer, or (ii) conflict with, result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate,
terminate, modify, or cancel, or require any notice under any agreement, contract, lease, license, instrument, loan, or other arrangement to which any Buyer is a party or by which any Buyer is bound or to which any of such Buyer’s assets is
subject (or result in the imposition on any Security 

  Interest upon any of its assets). The Buyer is not required to give any notice to, make any filing with, or obtain any authorization, consent, or approval of any government or governmental agency in
order for the Parties to consummate the transactions contemplated by this Agreement. 
 ARTICLE 5
SURVIVAL AND INDEMNIFICATION
          5.1     Survival. All representations, covenants, warranties, indemnifications and obligations
contained in this Agreement or in any certificate, document, or statement delivered pursuant to this Agreement shall survive for a period of twelve months following the Closing Date, and, in the event of a Party’s breach of this Agreement
resulting in the termination of this Agreement, such representations, covenants, warranties, indemnifications, and obligations shall further survive the termination of this Agreement, shall continue in full force and effect for a period twelve
months following such termination.
 ARTICLE 6
TERMINATION OF AGREEMENT
          The Parties may terminate this Agreement as provided for below:

	 	(a)	 	Buyer and Seller may terminate this Agreement by mutual written consent prior to the Closing Date.
	 	 	 
	 	(b)	 	Buyer may terminate this Agreement prior to Closing Date in the event that (i) Seller breaches or has breached any representation, warranty, or covenant contained in this Agreement or (ii) the Closing Date shall not have
occurred thirty (30) days from the date of this Agreement.
	 	 	 
	 	(c)	 	Seller may terminate this Agreement prior to Closing Date in the event that (i) Buyer breaches or has breached any representation, warranty, or covenant contained in this Agreement or (ii) the Closing Date shall not have
occurred thirty (30) days from the Date of this Agreement.

 ARTICLE 7
MISCELLANEOUS
          A.     Entire Agreement. This Agreement (including the agreements referred to herein) constitutes
the entire agreement with the Parties and supercedes any prior understandings, agreements, or representations by or between the Parties, written or oral, to the extent they related in any way to the subject matter hereof.
          B.     Successions and Assignment. This Agreement shall be binding upon and inure to the benefit of
the Parties named herein and their respective successors and permitted assigns. No Party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other Party. 
          C.     Counterparts. This Agreement may be executed in one or more counterparts, each of which
shall be deemed an original but all of which together will constitute one and the same instrument. All facsimile executions shall be treated as originals for all purposes.
          D.     Headings. The section headings contained in this Agreement are inserted for convenience only
and shall not affect in any way the meaning or interpretation of this Agreement.
          E.     Governing
Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Florida. 
          F.     Amendments. No amendments of any provision of this Agreement shall be valid unless reduced to writing and signed by both Buyers and Seller.

 

  
  
          G.     Severability. Any term
or provision of this Agreement that is found to be invalid or unenforceable shall not affect the validity or enforceability of the remaining terms and provisions.
 ARTICLE 8
DEFINITIONS
          A.     “Intellectual Property” means all of the
following only as it pertains to the Eastern Rollover Business: (a) all inventions (whether patentable or unpatentable and whether or not reduced to practice), all improvements thereto, and all patents, patent applications, and patent disclosures,
together with all reissuances, continuations, continuations-in-part, revisions, extensions, and reexaminations thereof, (b) all trademarks, service marks, trade dress, logos, trade names, and corporate names (whether or not registered), together
with all translations, adaptations, derivations, and combinations thereof and including all goodwill associated therewith, and all applications, registrations, and renewals in connection therewith, (c) all copyrightable works, all copyrights, and
all applications, registrations, and renewals in connections herewith, (d) all mask works and all applications, registrations, and renewals in connection herewith, (e) all trade secrets and confidential business information (including ideas,
research and development, know-how, formulas, compositions, manufacturing and production processes and techniques, technical data, designs, drawings, specifications, customer and supplier lists, pricing and cost information, and business and
marketing plans and proposals), (f) all computer software (including data and related documentation), (g) all other proprietary rights, and (h) all copies and tangible embodiments thereof (in whatever form or medium).
          B.     “Security Interest” means any mortgage, pledge, lien, encumbrance, charge, or
other security interest.
          IN WITNESS WHEREOF, the Parties hereto have executed this Agreement. 

		 	 	BUYER:

Eastern Livestock Co., L.L.C.
	
	 	 	
/s/ THOMAS P. GIBSON
				

	 	 	 	Thomas P. Gibson (Manager)
	 	 	 	Date signed by Buyer: August 5, 2002

		 	 	GUARANTOR

	
	 	 	
/s/ THOMAS P. GIBSON
				

	 	 	 	Thomas P. Gibson, Individually
	 	 	 	Date signed by Guarantor: August 5, 2002

		 	 	SELLER:

EMERGE INTERACTIVE INC., a Delaware Corporation
	 	 	
	 	By: 	
/s/ DAVID C. WARREN
						

	 	 	 	 	Name: 	David C. Warren
	 	 	 	 	Title: 	CEO
	 	 	 	 	Date signed by Seller: August 5, 2002

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