PATENT PURCHASE AGREEMENTPatent Purchase Agreement • April 12th, 2006 • Optibase LTD • Services-computer integrated systems design • New York
This PATENT PURCHASE AGREEMENT (“Agreement”) is entered into on June 16, 2005 (“Effective Date”) by and between Acoustic Technology LLC with an office at 2215-B Renaissance DRIVE, Suite 5, Las Vegas, NV 89119 (“Purchaser”), and Optibase Ltd, with an office at 7 Shenkar Street, Herzeliya, Israel (“Optibase Israel”) and Optibase Inc., a California Corporation with its principal place of business at 1250 Space Park Way, Mountain View, California, 94043, USA (“Optibase US” and, together with Optibase Israel) (“Seller”). The parties hereby agree as follows.
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • April 12th, 2006 • Optibase LTD • Services-computer integrated systems design • Massachusetts
THIS PURCHASE AND SALE AGREEMENT (the “Agreement”) is made and entered into as of the last signature hereto (the “Effective Date”) by and between Optibase Ltd. having a principal place of business at 7 Shenkar St., Herzelia, Israel and Optibase, Inc. having a principal place of business at 1250 Space Park Way, Mountain View, CA 94043, United States (both jointly and severally “Seller”), and Artel Software, Corp. , a Massachusetts corporation, having a principal place of business at 381 Congress Street, Boston, Mass. 02210, United States (“Buyer”).
