Information Technology Management Solution Business in Texas

1. Auction Time: 10:00 a.m
2. Minimum Bid Amount: A minimum initial bid comprised of four components (the “Minimum Overbid”): (i) a cash bid of at least $637,695.07 (computed as the secured debt of the Debtor, plus the Earnest Money, plus the Stalking Horse Bidder’s breakup fee, plus an overbid increment); (ii) cash equivalent to $395,959.21.00 in Assumed Liabilities, and (iii) cash equivalent to any cure amount for the Seller’s Contracts assumed by a buyer and (iv) cash or other consideration bid that the Debtor in its reasonable discretion considers to equal sufficient consideration to improve upon the bid of the Stalking Horse Bidder or any subsequent over-bidder;
3. Bid Deposit: $25,000.00
4. Bid Increment: $50,000.00
5. Bid Deadline: November 20, 2017
6. Last date to respond: November 15, 2017

See Attached.