Common Contracts

1 similar Sale and Purchase Agreement contracts

Contract
Sale and Purchase Agreement • May 5th, 2020

<DOCUMENT> <TYPE>EX-10 <SEQUENCE>3 <FILENAME>avantiumassetsale.txt <DESCRIPTION>AVANTIUM ASSET SALE <TEXT> Exhibit 10.2 ASSET SALE AND PURCHASE AGREEMENT THIS ASSET SALE AND PURCHASE AGREEMENT is entered into as of this 6th day of March, 2001 among GSE Systems, Inc., a Delaware corporation (a "Seller" or "GSE Systems"), GSE Process Solutions, Inc., a Delaware corporation (a "Seller" or "GSE Process" and together with GSE Systems, "Sellers"), Avantium International B.V., a company organized and existing under the laws of The Netherlands (the "Buyer") and Avantium Technologies US, Inc., a Delaware corporation and an indirect, wholly-owned subsidiary of Buyer ("Avantium US"). WHEREAS, Sellers are, among other things, engaged through the VirtualPlant Division, in the development, marketing, licensing, and sale of Business Products and Business Services (as herein defined); WHEREAS, Sellers desire to sell to Buyer, and Buyer desires to purchase from Sellers, the assets and operations of the

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