EFTA01079174.pdf

EXHIBIT C EFTA01079174 C 2a.ask: isifne,0082014)1Dallaleflits-3-2FilErIt011/17714C15PagZ Ctf Cif 3 CONNERY PISSARRO SEYDOUX SA Sale Agreement To: Pelham &dope,lid a Mt Go/ Smartt Gwen, November 13, 2014 Re: Sale of the following property: Palsio Piotsso (1881-1973) Bala difemur (Math-TMeirefer Bath di Math-TM/ire Original Plaster - 78 x46:48 cm Reakted in 1931in Scheele:up ProVert=CC The anise melt; Private Collection. Blitorphp W. Spbts, Ler aorlostrethPea. Stuttput, 1971, p. 304, a' 131 (bwns, cue ibustrsted, p. 119). Es:tibia= London Tice GiDay, Mutt..feepor/ Papa; Newry 16 — May I 1994 p. 269,11'76 (tilusteszed, p. 117). (the °Plops-ay" Sold Aar with the negation of a warren to Pelham Europe, Ltd (the 'Buyer, that the seller (Camay Pince Saida= SA, Rue do Gainfral-Dufour 22 - O4-1204 Geneve, the "Setter) has suthosity to sell the Work on behalf of the owner who has good, clean and nada-table tide to the Property which such vacant shall such expire upon garnet' in run by the purchaser hereunder. The Seas forther van:ante authenticity synth warrant shall empire upon delivery of the Property to Pelham Europe, Ltd. Furthermore, Buyer my only cancel the sale of the Property, and only prior to the payment owing lwrettoder, in the event the owner's cri-nsership sad/or tide to the Property is challenged Mahone Sic chin. It is understood that no title shall pass to the Buyer, and Buyer shall have no right whatsoever on the Property, until iit has made full paymentin good clear funk As a comptdsory sad decisive condition of the rale of the Property, Buyer agrees and con fume not to reproduce the Property and not to reproduce any bronze cast of the Property 0.ncluding any other medium/matt*, This prohibition to proceed with any reproduction of the Property shall be attached to the Property. Buyer hereby undertakes the obhgation to include this prohibition in a provision duly signed by say potential purchaser, any purchaser or Loy new owner of the Property, whether the Property is transferred fix a coasiderstion or fin or charge. Fusthessikwe, Buyer shall require ass condition of tale or trarafe. of Property that say eubsequaat holder of the Property chat make the tune corns itrrant and sign a provision in order to make sure that this obligation shall apply without any time limitation Price, eschurvz ofany apply-shit taxes, VAT and use fees EUROS 38 000 000 (turn thirty-eight nulfson) payable as foliows: - (i) Euros 1 900 000 before December 1, 2014 ; EFTA01079175 ceaask:isi6ic*0082014D1Dditottent33-2FilEiteelliinati paga Cif3 3 CONNERY P ISSARRO SEYDOUX SA - (o) Euros 4 100 000 before Janoary IS, 2015 , Eusos 32 000 000 before April 20, 2015 Please remit payment according to the following bank reference number E i)t;jrignerliens Beneficiary : Connery Pissarro Stydoux SA Bank: Bank code (swift) Account number: IRAN of the above- In the event that the Buye: has failcd to pay the amount owed within thirty (30) days after any mentioned date, the Se0er shall be entitled to cancel the sale and retain any of the amounts already received from the Buyer sale will take place in the Genets Freeport ("under customs-) and the address of delivery will be stated as - follows Pelham Europe Ltd - c/o Mohr' Transport AG, Freeport "under customs', Gaswerksuasse 12, CH 8952 Schlieren). Tne Buyer will insure the Property tom the date of signature of this Agreement and will provide the Seller with centheate of insurance. The Buyer shall be solely responsible fox all soles or usc taxes on this purchase and will reimburse the shipping costs to the Solle• (for the shipping from the Geneva Freeport to the address of delivegy). the parties hereby agrees that this transaction. including the lac: that the Property wil be sold, the sale price, the and the identity of the putits, is strictly cor.Gdermal and shall not be disclosed to any party other than attorneys and accountants of the parties who must agree to keep this transaction, and the details surroundut such, stnedy confidential. This agreement is to be governed by, and consmied in accordance with Swiss Law. In 'he event of any dispute hereunder, the panics hereby consent to the exclusive jurisdiction of the courts of Geneva (the Seller's business address in Switzerland). Please sign both copies of this agreement to confine, your agreement with it- terms. • ACCEPTED AND AGREED: 7 2 • 7-2 ° Connery Pissa SA Duly represen Sey ou: 43 EFTA01079176