Asset Purchase Agreement by and among ARCADIA BIOSCIENCES, INC. a Delaware corporation and ARCADIA WELLNESS, LLC A Delaware limited liability company as Buyer Parties and EKO HOLDINGS, LLC, a California limited liability company, LIEF HOLDINGS, LLC, a...Asset Purchase Agreement • May 21st, 2021 • Arcadia Biosciences, Inc. • Agricultural production-crops • Delaware
THIS ASSET PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of May 17, 2021, by and among Arcadia Biosciences, Inc., a Delaware corporation (“Arcadia”), Arcadia Wellness, LLC, a Delaware limited liability company and wholly-owned subsidiary of Arcadia (“Buyer”, and together with Arcadia, the “Buyer Parties”), Eko Holdings, LLC, a California limited liability company (“Eko”), Lief Holdings, LLC, a California limited liability company (“Lief”), Live Zola, LLC, a California limited liability company (“Zola”, and with Eko and Lief, each a “Seller”, and collectively the “Sellers”), and TPCO US Holdings, LLC, a Delaware limited liability (“Parent”, and together with the Sellers, the “Seller Parties”). Arcadia, Buyer, each Seller and Parent are each referred to in this Agreement as a “Party” and collectively as the “Parties.” Capitalized terms used but not defined herein shall have the meaning given such terms in Annex I attached hereto.
