EXHIBIT 1
AGREEMENT
WHEREAS, Libra-Wilshire Partners, L.P. ("Libra-Wilshire"), Libra
Investments, Inc. ("Libra") and Xxxx X. Xxxxxx ("Xxxxxx" and with Libra-Wilshire
and Libra, the "Reporting Persons"), individually or collectively, may be deemed
to be a beneficial owner within the meaning of the Securities Exchange Act of
1934, as amended (the "Exchange Act"), for purposes of Section 13(d) of the
Exchange Act of the Common Stock, $0.01 par value per share, of Astrex, Inc., a
Delaware corporation; and
WHEREAS, the Reporting Persons desire to satisfy any filing obligation
each may have under Section 13(d) of the Exchange Act by filing a single
Schedule 13D pursuant to such Section with respect to each class of securities;
NOW THEREFORE, the Reporting Persons agree to file a Schedule 13D
under the Exchange Act relating to the Common Stock of Astrex, Inc. and agree
further to file any such amendments thereto as may become necessary unless and
until such time as one of the parties shall give written notice to the other
parties of this Agreement that it wishes to file a separate Schedule 13D
relating to the Common Stock of Astrex, Inc. provided that each person on whose
behalf the Schedule 13D or any amendments is filed is responsible for the timely
filing of such Schedule 13D and any amendments thereto necessitated by the
actions or intentions of such person and for the completeness and accuracy of
the information pertaining to it and its actions and intentions.
The Agreement may be executed in two or more counterparts, each of
which shall constitute but one instrument.
Dated as of March 20, 1996. LIBRA-WILSHIRE PARTNER, L.P.
BY: LIBRA INVESTMENTS, INC., ITS GENERAL PARTNER
By: /s/ XXXX X. XXXXXX
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Title: President
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LIBRA INVESTMENTS, INC.
By: /s/ XXXX X. XXXXXX
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Title: President
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/s/ XXXX X. XXXXXX
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XXXX X. XXXXXX
