PURCHASE AND SALE AGREEMENT By and Among NAVARRE CORPORATION, NAVARRE ENTERTAINMENT MEDIA, INC. and KOCH ENTERTAINMENT LP May 11, 2007Purchase and Sale Agreement • May 14th, 2007 • Navarre Corp /Mn/ • Wholesale-computers & peripheral equipment & software • New York
THIS PURCHASE AND SALE AGREEMENT (including the exhibits and schedules hereto, each as amended or restated from time to time, this “Agreement”), dated as of May 11, 2007 (the “Execution Date”), is by and among KOCH Entertainment LP, a Delaware limited partnership (“Purchaser”), Navarre Entertainment Media, Inc., a Minnesota corporation (the “Company”), and Navarre Corporation, a Minnesota corporation ( “Seller”). Purchaser, the Company and Seller are individually referred to herein as a “Party” and collectively as the “Parties.”
