Nautilus 2009 Annual Report Download - page 121
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TABLE OF CONTENTS
i
Page
ARTICLE 1
-
DEFINITIONS
1
ARTICLE 2
-
BASIC TRANSACTION
3
2.1 Purchase and Sale of Assets
3
2.2 Assumption of Liabilities
3
2.3 Purchase Price
3
2.4 The Closing
3
2.5 Deliveries at the Closing
4
2.6 Allocation
4
ARTICLE 3
-
NAUTILUS
’
REPRESENTATIONS AND WARRANTIES
4
3.1 Organization of Nautilus
4
3.2 Authorization of Transaction
4
3.3 Non
-
contravention
4
3.4 Brokers
’
Fees
5
3.5 Title to Assets
5
3.6 Financial Information
5
3.7 Inventory
5
3.8 Contracts
5
3.9 Terms of Sale
5
3.10 Product Liability
5
3.11 Customers and Suppliers
6
ARTICLE 4
-
BUYER
’
S REPRESENTATIONS AND WARRANTIES
6
4.1 Organization of Buyer
6
4.2 Authorization of Transaction
6
4.3 Non
-
contravention
6
4.4 Brokers
’
Fees
7
ARTICLE 5
-
PRE
-
CLOSING COVENANTS
7
5.1 General
7
5.2 Notices and Consents
7
5.3 Full Access
7
5.4 Notice of Developments
7
ARTICLE 6
-
POST
-
CLOSING COVENANTS
8