STOCK PURCHASE AGREEMENT BY AND AMONG THE MERIT GROUP, INC. AND NATIONAL PATENT DEVELOPMENT CORPORATIONStock Purchase Agreement • November 25th, 2009 • National Patent Development Corp • Miscellaneous manufacturing industries • Delaware
THIS STOCK PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of this 24th day of November 2009 (the “Execution Date”), by and between The Merit Group, Inc., a South Carolina corporation (“Buyer”) and National Patent Development Corporation, a Delaware corporation (“Seller”). All capitalized terms used in this Agreement, but not otherwise defined, are set forth in Exhibit A.
