ASSET PURCHASE AGREEMENT by and BETWEEN ARCADIA BIOSCIENCES, INC. (“Seller”), and pioneer hi-bred international, inc. (“Purchaser”) Dated as of MAY 13, 2024Asset Purchase Agreement • May 17th, 2024 • Arcadia Biosciences, Inc. • Agricultural production-crops • Delaware
THIS ASSET PURCHASE AGREEMENT (“Agreement”) is entered into as of May 13, 2024 (“Effective Date”), by and between Arcadia Biosciences, Inc., a Delaware corporation (“Seller”) and Pioneer Hi-Bred International, Inc., an Iowa corporation (“Purchaser”), which is an indirect, wholly-owned subsidiary of Corteva, Inc., a Delaware corporation. Purchaser and Seller are sometimes referred to herein individually as a “Party” and collectively as the “Parties.” Capitalized terms not defined elsewhere in this Agreement have the meanings given to them in Section 10.10.
