Washington 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 Washington Sample Asset Purchase Agreement between Radius Corporation and International Business Machines Corporation is a legally binding agreement that outlines the terms and conditions for the purchase and transfer of assets between these two companies. This agreement is specific to Washington state and serves as a reference for similar transactions. Contents of this agreement include: 1. Parties involved: Radius Corporation and International Business Machines Corporation, referred to as the "Buyer" and the "Seller" respectively. 2. Definitions: This section clarifies the key terms used throughout the agreement, ensuring both parties are on the same page regarding their meanings. 3. Purchase and Sale of Assets: Detailed provisions for the transfer of specific assets, such as machinery, equipment, patents, trademarks, contracts, licenses, etc., are addressed in this section. 4. Purchase Price and Payment Terms: The agreed-upon purchase price for the assets is mentioned here, along with the payment terms, including the schedule and method of payment. 5. Representations and Warranties: Both parties provide assurances regarding their authority, ownership of assets, and compliance with laws, among other relevant matters. 6. Indemnification: This section lays out the responsibilities of each party in case of breach of any representations or warranties provided, including indemnification for any resulting losses, liabilities, or claims. 7. Confidentiality: This agreement emphasizes the importance of maintaining the confidentiality of any sensitive information exchanged during the transaction and outlines the obligations of both parties in this regard. 8. Governing Law and Dispute Resolution: This section states that the agreement is governed by the laws of Washington and provides methods for resolving any disputes that may arise. 9. Termination: Conditions under which either party can terminate the agreement, such as a material breach, are detailed here. 10. Miscellaneous Provisions: This includes clauses related to notices, assignment, waivers, amendments, entire agreement, binding effect, and other legal considerations. Different types of Washington Sample Asset Purchase Agreement between Radius Corporation and International Business Machines Corporation may exist based on specific variations in asset types, purchase prices, payment terms, or jurisdictional considerations. These variations may give rise to separate agreements with distinct titles, such as the "Washington Sample Asset Purchase Agreement — Intellectual Property Assets" or "Washington Sample Asset Purchase Agreement — Real Estate Assets." However, the core components and structure of the agreement generally remain similar.

Washington Sample Asset Purchase Agreement between Radius Corporation and International Business Machines Corporation is a legally binding agreement that outlines the terms and conditions for the purchase and transfer of assets between these two companies. This agreement is specific to Washington state and serves as a reference for similar transactions. Contents of this agreement include: 1. Parties involved: Radius Corporation and International Business Machines Corporation, referred to as the "Buyer" and the "Seller" respectively. 2. Definitions: This section clarifies the key terms used throughout the agreement, ensuring both parties are on the same page regarding their meanings. 3. Purchase and Sale of Assets: Detailed provisions for the transfer of specific assets, such as machinery, equipment, patents, trademarks, contracts, licenses, etc., are addressed in this section. 4. Purchase Price and Payment Terms: The agreed-upon purchase price for the assets is mentioned here, along with the payment terms, including the schedule and method of payment. 5. Representations and Warranties: Both parties provide assurances regarding their authority, ownership of assets, and compliance with laws, among other relevant matters. 6. Indemnification: This section lays out the responsibilities of each party in case of breach of any representations or warranties provided, including indemnification for any resulting losses, liabilities, or claims. 7. Confidentiality: This agreement emphasizes the importance of maintaining the confidentiality of any sensitive information exchanged during the transaction and outlines the obligations of both parties in this regard. 8. Governing Law and Dispute Resolution: This section states that the agreement is governed by the laws of Washington and provides methods for resolving any disputes that may arise. 9. Termination: Conditions under which either party can terminate the agreement, such as a material breach, are detailed here. 10. Miscellaneous Provisions: This includes clauses related to notices, assignment, waivers, amendments, entire agreement, binding effect, and other legal considerations. Different types of Washington Sample Asset Purchase Agreement between Radius Corporation and International Business Machines Corporation may exist based on specific variations in asset types, purchase prices, payment terms, or jurisdictional considerations. These variations may give rise to separate agreements with distinct titles, such as the "Washington Sample Asset Purchase Agreement — Intellectual Property Assets" or "Washington Sample Asset Purchase Agreement — Real Estate Assets." However, the core components and structure of the agreement generally remain similar.