BY AND AMONGMembership Interest Purchase and Sale Agreement • September 22nd, 2008 • Arcade Acquisition Corp. • Blank checks • New York
This MEMBERSHIP INTEREST PURCHASE AND SALE AGREEMENT (including the Exhibits and Schedules hereto, this “Agreement”) is made and entered into as of this 19th day of September, 2008, by and among (i) Arcade Acquisition Corp., a Delaware corporation (“Arcade”), (ii) Palmosa Shipping Corporation, a corporation organized under the laws of the Republic of the Marshall Islands (“Palmosa”); and (iii) TDB SPV LLC, a Marshall Islands limited liability company and a wholly-owned Subsidiary of Palmosa (“TDB”).
