PURCHASE AND SALE AGREEMENT BY AND AMONG MAGNOLIA SUN LLC (the Purchaser), PRINCIPAL SOLAR, INC. VIS SOLIS, INC. and AstroSol, inc. (the Sellers) AND PRINCIPAL SOLAR, INC. (the Sellers' Representative) August 18, 2015Purchase and Sale Agreement • August 19th, 2015 • Principal Solar, Inc. • Electric services • New York
This Purchase and Sale Agreement (this "Agreement") is made and entered into as of August 18, 2015 (the "Execution Date"), by and among Magnolia Sun LLC, a Delaware limited liability company (the "Purchaser"), Principal Solar, Inc., a Delaware corporation ("Principal Solar"), Vis Solis, Inc., a Tennessee corporation and successor to Vis Solis, LLC ("Vis Solis"), and AstroSol, Inc., a Tennessee corporation ("AstroSol" and together with Principal Solar and Vis Solis, each, a "Seller" and collectively, the "Sellers"), and Principal Solar, in its capacity as the Sellers' Representative, as appointed pursuant to Section 7.11 (the "Sellers' Representative"). Each of the Purchaser, the Sellers and the Sellers' Representative are referred to herein as a "Party" and collectively, as the "Parties."
