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Purchase Agreement

This purchase agreement is between Marque Media as the seller and EMNPMY LLC as the buyer. The seller agrees to sell 500,000 boxes of nitrile surgical gloves with each box containing 100 gloves at a price of $9.01 per box for a total cost of $4,505,000. The buyer will pay the full purchase price in escrow and take possession of the goods by May 18th or before. The agreement is governed by Nevada law and any disputes will be resolved through binding arbitration.

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0% found this document useful (0 votes)
196 views3 pages

Purchase Agreement

This purchase agreement is between Marque Media as the seller and EMNPMY LLC as the buyer. The seller agrees to sell 500,000 boxes of nitrile surgical gloves with each box containing 100 gloves at a price of $9.01 per box for a total cost of $4,505,000. The buyer will pay the full purchase price in escrow and take possession of the goods by May 18th or before. The agreement is governed by Nevada law and any disputes will be resolved through binding arbitration.

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Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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PURCHASE AGREEMENT

This Purchase Agreement (this “Agreement”) is entered into as of 06 day of May, 2020, (the
“Effective Date”) by Marque Media, located at 909 Cashman Drive, Las Vegas, NV 89107
(“Seller”) and EMNPMY LLC, located at 200 Park Ave. Suite 1700, New York, NY 10166
(“Buyer”). Each Seller and Buyer may be referred to in this Agreement individually as a “Party”
and collectively as the “Parties.”

The Parties agree as follows:

1. Sale of Property. Seller agrees to sell and Buyer agrees to purchase the personal property
described below (the “Property”):

- Any Color Nitrile Surgical Gloves, powder free, 4 mm, 100 gloves per box with a total of
500,000 boxes. Cost $9.01 per box for a total cost of $4,505,000. Certification has been
presented to intermediary broker. Lead time 7 business days from escrow account verification,
all product CIF. Terms, full escrow with funds released upon inspection.

2. Purchase Price. Buyer will pay Seller for the Property and for all obligations specified in this
Agreement, if any, as the full and complete purchase price including any applicable sales tax,
the sum of $4,505,000.00 (the “Purchase Price”).

3. Payment. Payment 100% escrow to be funded by end buyer.

4. Taxes. Buyer will be responsible for filing all required sales and use tax returns in connection
with the transfer of the Property. Buyer will also pay all required sales and use taxes and any
other transfer costs and expenses that arise as a result of the transfer of the Property. Seller will
pay all personal property taxes associated with ownership of the Property and accrued for the
period ending on the Effective Date and Buyer will pay all such personal property taxes that
accrue thereafter.

5. Delivery. Buyer will be entitled to take possession of the Property by May 18th or before.

6. Seller’s Representations. Seller represents and warrants that he/she has good and
marketable title to the Property and full authority to sell the Property. Seller also represents that
the Property is sold free and clear of all liens, indebtedness, or liabilities. Buyer may request a
Bill of Sale from the Seller for the Property. Seller makes no other representations or warranties
concerning the Property, which is being sold and assigned “as is,” and without any warranty of
merchantability or fitness for a particular purpose. Seller expressly disclaims any
representations or warranties as to the value, condition, or functionality of the Property or its
suitability for any particular purpose and Buyer will have no recourse against Seller for the
Property.
7. Governing Law. This Agreement shall be governed by and construed in accordance with the
laws of the State of Nevada, without giving effect to the conflict of laws principles thereof.

8. Disputes. Any dispute arising from this Agreement shall be resolved through binding
arbitration conducted in accordance with the rules of the American Arbitration Association.

9. Miscellaneous. This Agreement shall be binding upon the Parties and their respective heirs,
successors and assigns. The provisions of this Agreement are severable. If any provision is
held to be invalid or unenforceable, it shall not affect the validity or enforceability of any other
provision. The section headings are for reference purposes only and shall not otherwise affect
the meaning, construction or interpretation of any provision of this Agreement. This Agreement
constitutes the entire agreement between the Parties and supersedes any and all prior oral or
written agreements or understandings between the Parties concerning the subject matter of this
Agreement. This Agreement may be executed in one or more counterparts, each of which shall
be deemed an original and all of which together shall constitute one and the same document.

IN WITNESS WHEREOF, the Parties have entered into this Agreement as of the Effective Date.

SIGNATURES

Marque Media
Seller Intermediary’s Signature

Sellers Intermediary’s Full Name

Anthony J. Amicucci
Buyers Intermediary’s Signature

Buyers Intermediary’s Full Name

Purchase Agreement (Rev. 133C7E0)


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