Confidential and Binding Term SheetConfidential and Binding Term • November 16th, 2015 • Transgenomic Inc • Laboratory analytical instruments
Contract Type FiledNovember 16th, 2015 Company IndustryThis confidential and Binding Term Sheet (“Term Sheet”) is effective as of September 30TH, 2015 and sets forth the principal terms and conditions of a Transaction and Commercialization Agreement by and between Transgenomic, Inc. (“TBIO”) and ADSTEC Corporation (“ADSTEC”) for the purchase of certain assets and liabilities of TBIO.