SEC Contract Filing

Filing Date: 2016-02-17

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>exh_101.htm
<DESCRIPTION>EXHIBIT 10.1
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<P STYLE="margin: 0; text-align: right"><B>EXHIBIT 10.1</B></P>

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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">ASSET PURCHASE AGREEMENT</P>

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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">among:</P>

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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><FONT STYLE="font-variant: small-caps">Gulf Coast Billing, Inc.,</FONT></P>

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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">a Texas corporation,</P>

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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><FONT STYLE="font-variant: small-caps">Rhonda Roberts-Turner, </FONT></P>

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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">an Individual,</P>

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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">and</P>

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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><FONT STYLE="font-variant: small-caps">Medical Transcription Billing,
Corp.,</FONT></P>

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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">a Delaware corporation</P>

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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">____________________________</P>

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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">Dated on February 15, 2016</P>

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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">____________________________</P>

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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">TABLE OF CONTENTS</P>

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<tr style="vertical-align: bottom">
 <TD STYLE="text-align: left; width: 4%"><B>&nbsp;</B></td>
 <TD STYLE="width: 87%"><B>&nbsp;</B></td>
 <TD STYLE="text-align: right; width: 9%"><U>Page</U></td></tr>
<tr style="vertical-align: bottom">
 <TD STYLE="text-align: left"><FONT STYLE="text-transform: uppercase"><B>1.</B></FONT></td>
 <TD><FONT STYLE="text-transform: uppercase"><B>Sale of Assets; Related Transactions.</B></FONT></td>
 <TD STYLE="text-align: right"><B>1</B></td></tr>
<tr style="vertical-align: bottom">
 <TD STYLE="text-align: left"><B>1.1</B></td>
 <TD><B>Purchase and Sale of the Purchased Assets.</B></td>
 <TD STYLE="text-align: right"><B>1</B></td></tr>
<tr style="vertical-align: bottom">
 <TD STYLE="text-align: left"><B>1.2</B></td>
 <TD><B>Purchase Price</B></td>
 <TD STYLE="text-align: right"><B>2</B></td></tr>
<tr style="vertical-align: bottom">
 <TD STYLE="text-align: left"><B>1.3</B></td>
 <TD><B>Certain Post-Closing Rights and Responsibilities; Adjustments.</B></td>
 <TD STYLE="text-align: right"><B>2</B></td></tr>
<tr style="vertical-align: bottom">
 <TD STYLE="text-align: left"><B>1.4</B></td>
 <TD><B>Payment of the Purchase Price.</B></td>
 <TD STYLE="text-align: right"><B>2</B></td></tr>
<tr style="vertical-align: bottom">
 <TD STYLE="text-align: left"><B>1.5</B></td>
 <TD><B>Reporting.</B></td>
 <TD STYLE="text-align: right"><B>3</B></td></tr>
<tr style="vertical-align: bottom">
 <TD STYLE="text-align: left"><B>1.6</B></td>
 <TD><B>Sales Taxes</B></td>
 <TD STYLE="text-align: right"><B>3</B></td></tr>
<tr style="vertical-align: bottom">
 <TD STYLE="text-align: left"><B>1.7</B></td>
 <TD><B>Closing</B></td>
 <TD STYLE="text-align: right"><B>3</B></td></tr>
<tr style="vertical-align: bottom">
 <TD STYLE="text-align: left"><B>&nbsp;</B></td>
 <TD><B>&nbsp;</B></td>
 <TD><B>&nbsp;</