Baalbergen

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

NORTEK HOME CONTROL HOLDINGS, LLC, a Delaware Limited Liability Company, No. 3:20-cv-09319-WHA

Petitioner/Cross-Respondent,

v.

ORDER CONFIRMING

ARBITRATION AWARD,

AARON PAUL BAALBERGEN, an GRANTING JUDGMENT THEREON, individual, DENYING VACATUR OR

MODIFICATION OF AWARD, AND

Respondent/Cross-Petitioner.

VACATING THE HEARING

15 This contract dispute arises out of a Share Purchase Agreement entered into between petitioner Nortek Home Control Holdings, LLC, and respondent Aaron Baalbergen, in August 2017. Nortek is a global company specializing in home automation, wireless security, and personal safety systems. Baalbergen is a software engineer, tech entrepreneur, and founder and former Chief Technology Officer of MiOS Ltd., a company which sold a “home automation solution.” Under the SPA, Nortek agreed to purchase a 20% stake in MiOS from Baalbergen for $1.5 million, to be made in three equal installments of $500,000. The…