SALE, PURCHASE AND ESCROW AGREEMENT BETWEEN HOLLYWOOD WAY OFFICE VENTURES, LLC (“Seller”) AND POINT.360 (“Purchaser”) AND COMMONWEALTH LAND TITLE INSURANCE COMPANY (“Escrow Agent”)Sale, Purchase and Escrow Agreement • July 7th, 2008 • Point.360 • Services-allied to motion picture production • California
This Sale, Purchase And Escrow Agreement (this “Agreement”), dated as of May 19, 2008 (the “Agreement Date”), is made by and among POINT.360, a California corporation (“Purchaser”), and HOLLYWOOD WAY OFFICE VENTURES, LLC, a California limited liability company (“Seller”), and constitutes (i) a contract of sale and purchase between Seller and Purchaser and (ii) an escrow agreement among Seller, Purchaser and COMMONWEALTH LAND TITLE INSURANCE COMPANY, as escrow agent (“Escrow Agent”), the consent of which appears at the end hereof.
