New Hampshire Sample Asset Purchase Agreement between RadiSys Corporation and International Business Machines Corporation - Sample

• Category: Corporations - Public - Asset Purchase - Samples
• State: Multi-State
• Control #: US-EG-9178
• Format: Word; Rich Text

Description

Asset Purchase Agreement between RadiSys Corporation and International Business Machines Corporation dated December 17, 1999. 30 pages New Hampshire Sample Asset Purchase Agreement between Radius Corporation and International Business Machines Corporation is a legally binding contract that outlines the terms and conditions of the purchase of assets from Radius Corporation by International Business Machines Corporation (IBM). This agreement is applicable in the state of New Hampshire. The agreement starts with a preamble that sets out the background and purpose of the transaction. It states that Radius Corporation, a leading technology company, is selling certain assets to IBM, a global technology giant. The agreement then defines various key terms used throughout the document, including the assets being sold, purchase price, closing date, and representations and warranties. The agreement contains detailed provisions regarding the purchase and sale of assets. It identifies the assets being sold, such as intellectual property, equipment, real property, and any other assets specifically identified by both parties. It outlines the transfer process for each asset category, including any necessary consents or notifications required. The purchase price is clearly defined, indicating the total amount to be paid by IBM to Radius Corporation. The payment terms, including any installment payments, are also specified. Representations and warranties are an integral part of the agreement. Radius Corporation provides assurances that it has full ownership and authority to sell the assets and that they are free from any encumbrances or claims. IBM, on the other hand, acknowledges that it has conducted its due diligence and accepts the assets in their current condition. The agreement also covers the allocation of liabilities, indemnification provisions, and dispute resolution mechanisms. It addresses any existing contracts or agreements related to the assets being transferred and outlines the responsibilities of both parties in managing these contracts after the transfer. Additionally, the agreement includes provisions related to confidentiality, non-solicitation of employees, and non-compete clauses to protect the interests of both parties involved. This Sample Asset Purchase Agreement between Radius Corporation and International Business Machines Corporation provides a comprehensive framework for the transfer of assets between the two companies. Its detailed provisions ensure a smooth and legally binding transaction, protecting the rights and interests of both parties. Other types of New Hampshire Sample Asset Purchase Agreements between Radius Corporation and International Business Machines Corporation may include variations in terms of asset categories, valuation methods, contractual obligations, or payment terms, depending on the specific assets being transferred and the negotiated terms between the parties.

New Hampshire Sample Asset Purchase Agreement between Radius Corporation and International Business Machines Corporation is a legally binding contract that outlines the terms and conditions of the purchase of assets from Radius Corporation by International Business Machines Corporation (IBM). This agreement is applicable in the state of New Hampshire. The agreement starts with a preamble that sets out the background and purpose of the transaction. It states that Radius Corporation, a leading technology company, is selling certain assets to IBM, a global technology giant. The agreement then defines various key terms used throughout the document, including the assets being sold, purchase price, closing date, and representations and warranties. The agreement contains detailed provisions regarding the purchase and sale of assets. It identifies the assets being sold, such as intellectual property, equipment, real property, and any other assets specifically identified by both parties. It outlines the transfer process for each asset category, including any necessary consents or notifications required. The purchase price is clearly defined, indicating the total amount to be paid by IBM to Radius Corporation. The payment terms, including any installment payments, are also specified. Representations and warranties are an integral part of the agreement. Radius Corporation provides assurances that it has full ownership and authority to sell the assets and that they are free from any encumbrances or claims. IBM, on the other hand, acknowledges that it has conducted its due diligence and accepts the assets in their current condition. The agreement also covers the allocation of liabilities, indemnification provisions, and dispute resolution mechanisms. It addresses any existing contracts or agreements related to the assets being transferred and outlines the responsibilities of both parties in managing these contracts after the transfer. Additionally, the agreement includes provisions related to confidentiality, non-solicitation of employees, and non-compete clauses to protect the interests of both parties involved. This Sample Asset Purchase Agreement between Radius Corporation and International Business Machines Corporation provides a comprehensive framework for the transfer of assets between the two companies. Its detailed provisions ensure a smooth and legally binding transaction, protecting the rights and interests of both parties. Other types of New Hampshire Sample Asset Purchase Agreements between Radius Corporation and International Business Machines Corporation may include variations in terms of asset categories, valuation methods, contractual obligations, or payment terms, depending on the specific assets being transferred and the negotiated terms between the parties.