Common Contracts

ASSET PURCHASE AGREEMENT

Asset Purchase Agreement • March 11th, 2009 • Delaware

• Contract Type
  Asset Purchase Agreement
• Filed
  March 11th, 2009
• Jurisdiction
  Delaware

THIS ASSET PURCHASE AGREEMENT is made and entered into as of this 17th day of February, 2009, by and among Xerxes Operating Company, LLC, a Delaware limited liability company ("U.S. Purchaser"), Xerxes Foreign Holdings Corp., a Delaware corporation ("Foreign Purchaser", together with the U.S. Purchaser, the "Purchasers"), Propex Holdings Inc., a Delaware corporation ("ParentCo"), Propex Inc., a Delaware corporation (the "Company"), and the U.S. Operating Subsidiaries (as hereinafter defined) that are parties hereto. ParentCo, the Company and the U.S. Operating Subsidiaries are collectively referred to herein as the "Sellers."