PURCHASE AND SALE AGREEMENT AND JOINT ESCROW INSTRUCTIONS (MULTI-STATE)Purchase and Sale Agreement • December 27th, 2022 • iMedia Brands, Inc. • Retail-catalog & mail-order houses • California
THIS PURCHASE AND SALE AGREEMENT AND JOINT ESCROW INSTRUCTIONS (MULTI-STATE) (this “Agreement”) is made and entered into as of December 20, 2022 (“Effective Date”), by and between PONTUS NET LEASE ADVISORS, LLC, a Delaware limited liability company, its successors and/or assigns (“Purchaser”), and EP Properties, LLC, a Minnesota limited liability company (“EPP”) and VVI Fulfillment Center, Inc., a Minnesota corporation (“VVIF” and together with EPP, individually a “Seller”). Except as otherwise expressly defined herein, capitalized terms will have the meanings set forth on Schedule A attached hereto and incorporated herein by this reference.
