Exclusive Purchase Agreement
RALLY
As of October 13th, 2020
This exclusive purchase agreement (the “Purchase Agreement”) is made between RSE Archive, LLC (“Purchaser” or “us”) and Sotheby’s (“Seller” or “you”) with regard to the assets described below (each individually an “Asset”, collectively the “Assets”).
Key Deal Points:
§You are the exclusive, unencumbered owner of the Asset(s), and you have honestly and accurately represented the Asset(s) to the best of your knowledge and ability.
§We have agreed with you to a purchase price and form of consideration to be paid for each Asset, as outlined below.
The Results:
§Seller will receive payment of the Consideration for the associated Asset(s), as outlined below.
Other:
§This Purchase Agreement may be modified or amended only with the prior written consent of both the Purchaser and Seller.
1
RALLY
Asset: | Nike Moon Shoe |
Description: | One of 12 original prototypes developed by Nike co-founder Xxxx Xxxxxxxx |
Total Acquisition Cost: | $ 150,000.00 |
Consideration: Cash (%) Equity (%) Total |
$ 150,000 (100%) (0%) $ 150,000 |
Other Terms: Down Payment |
$ 150,000.00 due on signing |
Additional Terms & Conditions:
Acknowledged and Agreed:
By: /s/ Xxxxxx Xxxxxx |
| By: /s/ Sotheby’s |
| SELLER | |
Name:Xxxxxx Xxxxxx |
| Sotheby’s |
Title: Chief Executive Officer |
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