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Jumo - Leave to Sell Assets

Jumo - Leave to Sell Assets

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Published by ajeffries145
The terms of Jumo's sale to GOOD.
The terms of Jumo's sale to GOOD.

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Published by: ajeffries145 on Mar 13, 2012
Copyright:Attribution Non-commercial

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07/10/2013

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I ~
 
W
p ~
 
J1A
1\
r;.-.
( ~ '
 
lJ2
At
the Supreme
Court
of
the
State
of
New
York,
held
in_aIlltforthe
~ n t y
 
of
New
York,
on
t h e _ ~ _ ·
 
yof_
e.-"
2011
PRESENT:
HON.
M
G
Justice.
JLTON
A.
TINGLIN
-.---.-.---.-
..
~
 
....
-":------_
..
-.-.--.-
..
-.-----
.......
--
....
---·--·-x
In
the
Matter
of
the
Application
of
Jumo
International,
Inc.,
for
an
ORDER
For
Approval
for
Leave
toSell
SUQstantially
All
Assets
of
Type
B
Corporation
Pursuant
to
/
Section
511
of
the
Not-far-Profit
Corporation
Law
Index
No.
/
Ii
~ D ' f
 
1/
-
....
----------------.----.-.-----.-------------------.------x
/
Upon
reading
andfiling
the Petition
of
Jumo
International, Inc.,
for an
Order
granting
leave
to·
sell
substantially
all
of
the
assets
of
the
Petitioner
pursuant
to
§511
of
the
Not-for-ProfitCorporation
Law,
with
the
exhibits annexed, verified
the
30th day
of
November,
2011,
and
it
appearingthat
the AttorneyGeneral
of
the
State
of
New
York
(the
HAttomey
General")
has no
objection
to
approval
of
said
s a J e ~
 
itis hereby,
ORDERED
that
the
Petitioner,
Jumo
International,
Inc.,beandit
hereby
is
authorized
to
'sell
to
GOOD
Worldwide,
LLC, substantiaJJy
all
of
its
a s s ~ t s
 
as
described
in
the Petition berein,
to
wit:
(a)
a I-year
exclusive license
to
use the
C o r p o r ~ t i o n ' s
 
trademarks,
copyrights,
and brand likenessand
the
goodwill
of
the business associated
therewith;
(b)
a
minimum
of
10
registered
users
communications;
(c)
a
secure
API
endpoint
for the
r e t r i e ~ a l
 
of.
the Jumo profile
and social
graph
information
based
on an
email
address;
and(d)
facilitation
ofPurchaser·s
recruitment
of
Selleremployees,
for
the
sum
of
approximately
Sixty
Two
Thousand
Two
H u n d ~ e d
 
Twenty
One
($62,221)
DolJars, and
it
is
further
f
\.LE0
DEC
3U
7.0"
l'<
C L E R ~ S
 
OFFiCE
~
 
~ E " W
 
,<oRK
.
r..
Supreme Court
Rt::cords
Online
Library. page 1 of 2
 
--
- I I ? - - - - - - - - - - - - - - - - - - - - - - - - - - ~ . _ -
.
,
...
ORDERED,
that
the aforesaid
sum
of
Sixty Two
Thousand
Two
Huridred Twenty
One
($62,221)
Dollars
received
as
consideration
for
the
sale
authorized
hereby
be
used and disposed
of
as
follows:
to
continue
a
portion
of
Petitioner's
operations
during a
winding
down period
of
six
tonine
months,
and it
is
furtherORDERED,
that
the
Petitioner
shall serve
a
copy
of
the
signed order
on
the
Attorney
General,and
shall
provide
written
notice
to
theAttorney General
that
the
transaction
has been
completed,
or
if
it has
been
abandonedor
if
it
isstiJI
pending
90
days
after court
approval.
ENTER:
Justice
of
theSupreme
Court
of
theState
of
New
York
County
of
New
York
THE
ATiO::;.
;::Y
GE.NEw.L
HERElWAPPEARS
HEREIN.HAS NO
OBJECTION
TO THE
GRANTlNG
OF
JUDICIAL
p,PPROVAL HEREON, ACKNOWLEDGES
RECEIPT
OF
STATUTORY
NOTICE,AND DEMANDS
SERVICE
or:
ALL PAPERSSUBMITTEDHEREIN
INCLUDING ALL
ORDER,
JU[)GMENlS AND
ENOORSEMENTS
OF THE COURT. SAID
NO
OBJEC11ON
IS
CONDITIONED
ON
SUBMISSION
OF THE
MAnER
TO&COURT
WITHIN
so
DAYS
HEREAFTER.
~ ~ . ; 0 - -
Il.-f)-If
ASS
TANT
ATT0r:J::
GENERAL DATE
7f01.L4
~ t '
 
( ( ~ k
 
Supreme Court Records
Online
Library -page 2 of 2
 
SUPREME
COURT OF THE
STATE OF
NEW
YORK
COUNTY
OF NEW
YORK
--------------------------------------------------------------x
In the Matter
of
the Application
of
Jurno International, Inc.For Approval for Leave to Sell Substantially All
VERIFIED
PETITIONAssets
of
Type B Corporation Pursuant toSection 511
of
the Not-for-Profit Corporation
Law
Index No.
----
--------------------------------------------------------------
x
TO:
THE SUPREME COURT
OF
THE STATE OF NEW YORKCOUNTY OF NEW
YORK:Petitioner, Jurno International, Inc., by its attorney, respectfully alleges:
1.
The
petitioner, Jurno International, Inc., is a not-for-profit corporationduly organized
and
existing under the Not-for-Profit Corporation Law
of
the State
of
New
York (the "Corporation"). A copy
of
the
Corporation's
Certificate
of
Incorporationis attached hereto as Exhibit A and a copy
of
the
Corporation's By-Laws
are attachedhereto as Exhibit B.
The
Corporation's
principal office is located at 113 Spring Street,3
rd
Floor,
New
York,
New
York
10012.2.
The names
of
the directors
of
the Corporation and their places
of
residenceare:Christopher HughesChristopher Bishko113 Spring Street, 3rd
FI
1991 Broadway (Suite 200)
New
York,
NY
10012
Redwood
City,
CA
94063Joel CutlerWill Reynolds20 University Road, Ste 450215 Rutledge RoadCambridge,
MA
02138Belmont,
MA
02478Michael SlabySusan McCue55
E.
Erie St. #4801117 N Peyton StreetChicago, IL 6061 1Alexandria VA 22314James Pallotta50
Rowes
Wharf, 6
th
FloorBoston,
MA
02110

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