ASSET PURCHASE AGREEMENTAsset Purchase Agreement • January 13th, 2022 • CRAWFORD UNITED Corp • Industrial instruments for measurement, display, and control • Delaware
Contract Type FiledJanuary 13th, 2022 Company Industry JurisdictionTHIS ASSET PURCHASE AGREEMENT (“Agreement”), dated January ___, 2022 (the “Closing Date”), is entered into by and among (i) Crawford SEP Acquisition Company, LLC, a Delaware limited liability company (“Buyer”), (ii) Separ of the Americas, LLC, a Florida limited liability company (“Seller”), (iii) John J. Napurano, Jr. and Jacqueline Napurano, Trustees of the John J. Napurano Living Trust Dated 4/6/04 and John J. Napurano, Jr. and Jacqueline Napurano, Trustees of the Jacqueline Napurano Living Trust Dated 4/6/04 (collectively, the “Equityholders” and each, an “Equityholder”), and John J. Napurano, Jr. and Jacqueline Napurano, the beneficiaries of the Equityholders (the “Equityholder Beneficiaries,” and together with the Equityholders and Seller, the “Seller Parties” and each a “Seller Party”). The parties desire that Seller sell to Buyer, and that Buyer purchase from Seller, substantially all of Seller’s assets, on the terms and subject to the conditions set forth in this Agreement. Equ
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • January 13th, 2022 • CRAWFORD UNITED Corp • Industrial instruments for measurement, display, and control • Delaware
Contract Type FiledJanuary 13th, 2022 Company Industry JurisdictionTHIS ASSET PURCHASE AGREEMENT (“Agreement”), dated January ___, 2022 (the “Closing Date”), is entered into by and among (i) Crawford REV Acquisition Company LLC, a Delaware limited liability company (“Buyer”), (ii) Reverso Pumps, Inc., a Florida corporation (“Seller”), (iii) John J. Napurano, Jr. and Jacqueline Napurano, Trustees of the John J. Napurano Living Trust Dated 4/6/04 (“Equityholder”), and John J. Napurano, Jr. and Jacqueline Napurano, the beneficiaries of the Equityholder (the “Equityholder Beneficiaries,” and together with the Equityholder and Seller, the “Seller Parties” and each a “Seller Party”). The parties desire that Seller sell to Buyer, and that Buyer purchase from Seller, substantially all of Seller’s assets, on the terms and subject to the conditions set forth in this Agreement. Equityholder owns all of the issued and outstanding shares of Seller, and the Equityholder Beneficiary is the primary beneficiary of the Equityholder, and each will substantially benefit