Orange California Sample Asset Purchase Agreement between RadiSys Corporation and International Business Machines Corporation - Sample

• Category: Corporations - Public - Asset Purchase - Samples
• State: Multi-State
• County: Orange
• 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 Orange California is a vibrant and diverse city located in Orange County, California. Known for its rich history, cultural landmarks, and thriving community, Orange California offers a unique blend of small-town charm and urban conveniences. The Sample Asset Purchase Agreement between Radius Corporation and International Business Machines Corporation is a legally binding document that outlines the terms and conditions of the asset purchase agreement between two prominent companies. This agreement pertains to the acquisition of certain assets by International Business Machines Corporation (IBM) from Radius Corporation. The purpose of this agreement is for IBM to acquire specific assets, which may include intellectual property, equipment, customer lists, contracts, and other defined assets, from Radius Corporation. The agreement sets forth the terms and conditions under which these assets will be transferred, ensuring a smooth transition of ownership. Some key points that may be covered in this Sample Asset Purchase Agreement between Radius Corporation and International Business Machines Corporation include: 1. Purchase Price: The agreement will outline the agreed-upon purchase price for the assets being acquired by IBM. 2. Assets Included: The agreement will clearly define the assets that are included in the purchase, providing a comprehensive list and description of each asset. 3. Assumed Liabilities: This section of the agreement will determine which liabilities, if any, will be assumed by IBM upon acquiring the assets. 4. Representations and Warranties: Both parties will provide representations and warranties regarding the assets being transferred, ensuring that they are accurate and complete. 5. Conditions of Closing: The agreement will specify the conditions that must be met before the closing of the asset purchase, such as regulatory approvals or due diligence requirements. 6. Transition Support: This section will outline the level of support that Radius Corporation will provide to IBM during the transition period, including assistance with customer relations and knowledge transfer. 7. Confidentiality and Non-Compete: The agreement will address confidentiality and non-compete clauses, ensuring that both parties adhere to these provisions to protect sensitive information and prevent competition. It is essential to note that this is just a sample asset purchase agreement, and there may be various versions or variations of this agreement depending on the specific terms negotiated between Radius Corporation and International Business Machines Corporation. It is crucial to consult with legal professionals to ensure the precise wording and clauses tailored to individual circumstances and requirements.

Orange California is a vibrant and diverse city located in Orange County, California. Known for its rich history, cultural landmarks, and thriving community, Orange California offers a unique blend of small-town charm and urban conveniences. The Sample Asset Purchase Agreement between Radius Corporation and International Business Machines Corporation is a legally binding document that outlines the terms and conditions of the asset purchase agreement between two prominent companies. This agreement pertains to the acquisition of certain assets by International Business Machines Corporation (IBM) from Radius Corporation. The purpose of this agreement is for IBM to acquire specific assets, which may include intellectual property, equipment, customer lists, contracts, and other defined assets, from Radius Corporation. The agreement sets forth the terms and conditions under which these assets will be transferred, ensuring a smooth transition of ownership. Some key points that may be covered in this Sample Asset Purchase Agreement between Radius Corporation and International Business Machines Corporation include: 1. Purchase Price: The agreement will outline the agreed-upon purchase price for the assets being acquired by IBM. 2. Assets Included: The agreement will clearly define the assets that are included in the purchase, providing a comprehensive list and description of each asset. 3. Assumed Liabilities: This section of the agreement will determine which liabilities, if any, will be assumed by IBM upon acquiring the assets. 4. Representations and Warranties: Both parties will provide representations and warranties regarding the assets being transferred, ensuring that they are accurate and complete. 5. Conditions of Closing: The agreement will specify the conditions that must be met before the closing of the asset purchase, such as regulatory approvals or due diligence requirements. 6. Transition Support: This section will outline the level of support that Radius Corporation will provide to IBM during the transition period, including assistance with customer relations and knowledge transfer. 7. Confidentiality and Non-Compete: The agreement will address confidentiality and non-compete clauses, ensuring that both parties adhere to these provisions to protect sensitive information and prevent competition. It is essential to note that this is just a sample asset purchase agreement, and there may be various versions or variations of this agreement depending on the specific terms negotiated between Radius Corporation and International Business Machines Corporation. It is crucial to consult with legal professionals to ensure the precise wording and clauses tailored to individual circumstances and requirements.