AGREEMENT OF PURCHASE AND SALE OF PROPERTY AND ESCROW INSTRUCTIONSPurchase and Sale Agreement • June 26th, 2001 • American Vantage Companies • Services-management services • Nevada
THIS AGREEMENT OF PURCHASE AND SALE OF PROPERTY AND ESCROW INSTRUCTIONS (the “Agreement”) is made and entered into as of this 21st day of May, 2001, by and between P.T. CORPORATION, a Nevada corporation (“Buyer”) and AMERICAN VANTAGE COMPANIES, a Nevada corporation, (“Seller”) to effectuate pursuant to an escrow (the “Escrow”) with United Title of Nevada (“Escrow Agent”) Seller’s sale to Buyer of the fee simple title to approximately 20 acres of undeveloped real property which is located near the southwest corner on Centennial and Lossee in North Las Vegas, Nevada, labeled by the Clark County Assessor as Assessor’s Parcel Number 124-26, 501-001, and more specifically described on Exhibit “A” attached hereto, together with all easements, rights of way, hereditaments, and appurtenances thereto (collectively, the “Property”).
