Auction Statement and Purchase Commitment between Axon Enterprise, Inc. and Arizona State Land Department
Axon Enterprise, Inc., represented by Patrick W. Smith, has agreed to purchase land in Maricopa County, Arizona, for $49,100,000 after being declared the highest bidder at a public auction held by the Arizona State Land Department. Axon commits to pay the full bid amount and any additional fees within 30 days of the auction date.
EXHIBIT 10.1
ARIZONA STATE LAND DEPARTMENT
1616 WEST ADAMS STREET
PHOENIX, ARIZON 85007
AUCTION STATEMENT
AUCTION NO. 53-121237
SEPTEMBER 10, 2020
I, Patrick W. Smith, acknowledge and say:
I am the authorized representative of Axon Enterprise, Inc., the entity declared to be the highest and best bidder of Arizona State Land Department Public Auction No. 53-121237, bidding $49,100,000 for land located in Maricopa County, and I do hereby irrevocably elect and agree to pay the full balance of the amount bid for the subject land, as well as any additional Selling and Administrative Fees that may be due, within 30 days from the date of the auction.
/s/ Patrick W. Smith9/10/2020
SignatureDate
