PURCHASE AND SALE AGREEMENT AND ESCROW INSTRUCTIONS BY AND BETWEEN SELLER: SEACHANGE INTERNATIONAL, INC., a Delaware corporation BUYER: CALARE PROPERTIES, INC., a Delaware corporation Dated as of: November 4, 2019Purchase and Sale Agreement • November 8th, 2019 • Seachange International Inc • Radio & tv broadcasting & communications equipment • Massachusetts
Buyer and Seller hereby enter into this Purchase and Sale Agreement and Escrow Instructions (this “Agreement”) as of the Effective Date. In consideration of the mutual covenants set forth herein, Seller agrees to sell, convey, assign and transfer the Property to Buyer, and Buyer agrees to buy the Property from Seller, on the terms and conditions set forth in this Agreement.
