Common Contracts

ASSET PURCHASE AGREEMENT

Asset Purchase Agreement • June 29th, 2005 • New York

• Contract Type
  Asset Purchase Agreement
• Filed
  June 29th, 2005
• Jurisdiction
  New York

ASSET PURCHASE AGREEMENT, dated as of June 23, 2005 (this “Agreement”), by and among WS Textile Co., Inc., a Delaware corporation (“Parent”), New Textile One, Inc., a Delaware corporation and wholly-owned direct subsidiary of Parent (“Holdco One”), New Textile Two, Inc., a Delaware corporation and wholly-owned direct subsidiary of Parent (“Holdco Two”), Textile Co., Inc., a Delaware corporation and indirect subsidiary of Parent and direct subsidiary of Holdco One and Holdco Two (“Purchaser”), WestPoint Stevens Inc., a Delaware corporation (the “Company”), and WestPoint Stevens Inc. I, a Delaware corporation, WestPoint Stevens Stores Inc., a Delaware corporation, and J.P. Stevens Enterprises, Inc., a Delaware corporation (each individually a “Subsidiary” and, together with the Company, each a “Seller” and, collectively, “Sellers”).