Maine Sample Asset Purchase Agreement between Radius Corporation and International Business Machines Corporation — Sample This Maine Sample Asset Purchase Agreement is entered into between Radius Corporation (hereinafter referred to as "Seller") and International Business Machines Corporation (hereinafter referred to as "Buyer"). The agreement outlines the terms and conditions for the purchase of certain assets owned by the Seller by the Buyer. This Asset Purchase Agreement includes the following key provisions: 1. Purchase and Sale of Assets: The Seller agrees to sell and the Buyer agrees to purchase certain assets including intellectual property rights, equipment, inventory, contracts, and other assets as specified in Schedule A, attached to this agreement. 2. Purchase Price and Payment: The total purchase price for the assets shall be [insert amount]. The payment shall be made in installments as specified in Schedule B, attached to this agreement. 3. Allocation of Purchase Price: The parties agree to allocate the purchase price among the assets in accordance with applicable tax laws and regulations. The allocation will be documented in a separate agreement between the parties. 4. Representations and Warranties: Both the Seller and the Buyer provide representations and warranties regarding their respective authority, ownership of assets, compliance with laws, absence of litigation, and other relevant matters. Any breach of these representations and warranties may result in indemnification or termination rights. 5. Closing Conditions: The parties agree to complete the transaction within a specified timeframe, subject to the satisfaction of certain conditions including regulatory approvals, consents, and other approvals as necessary. 6. Confidentiality: The parties agree to keep all confidential information obtained during the transaction confidential and not to disclose it to any third party, except as required by law or with the prior written consent of the disclosing party. 7. Governing Law and Jurisdiction: This agreement shall be governed by and construed in accordance with the laws of the state of Maine. Any disputes arising out of or in connection with this agreement shall be resolved through arbitration in accordance with the rules of the American Arbitration Association. Other types of Maine Sample Asset Purchase Agreements between Radius Corporation and International Business Machines Corporation may include: 1. Maine Sample Asset Purchase Agreement for Real Estate: This agreement may be used when the assets being purchased primarily consist of real estate properties. 2. Maine Sample Asset Purchase Agreement for Software: This agreement may be used when the assets being purchased primarily consist of software licenses, patents, or copyrights. 3. Maine Sample Asset Purchase Agreement for Manufacturing Facilities: This agreement may be used when the assets being purchased primarily consist of manufacturing facilities, machinery, and equipment. Please note that the provided content is for informational purposes only and should not be considered as legal advice. It is recommended to consult with a qualified attorney when drafting or entering into any legal agreements.
Maine Sample Asset Purchase Agreement between RadiSys Corporation and International Business Machines Corporation - Sample
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