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Wednesday, February 05, 2020 7:13:42 PM
Upon and subject to the terms and conditions of this Agreement, on the Effective Date, for such consideration as described in this Agreement and Eutectix’s performance of its other obligations pursuant to this Agreement, Liquidmetal hereby sells, assigns, conveys, transfers, and delivers to Eutectix, and Eutectix hereby acquires from Liquidmetal, free and clear of all liens (other than and to the extent that liens may be imposed by or arise by operation of law), all of Liquidmetal’s right, title, and interest in and to the following alloys (the “Transferred Alloy”), subject to Liquidmetal’s right to use said Transferred Alloy or the corresponding replacement thereof as specified in this Agreement:
Approximately three thousand kilograms (3,000 kg) of “virgin” LM105 Alloy
Approximately one thousand kilograms (1,000 kg) of “virgin” 106C Alloy
Approximately two thousand kilograms (2,000 kg) of LM 105 Alloy revert
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