Common Contracts

ASSET PURCHASE AGREEMENT

Asset Purchase Agreement • June 22nd, 2020 • Delaware

• Contract Type
  Asset Purchase Agreement
• Filed
  June 22nd, 2020
• Jurisdiction
  Delaware

ASSET PURCHASE AGREEMENT, dated as of May 18, 2020 (the “Agreement Date”), by and among Comcar Industries, Inc., a company incorporated under the laws of Florida (“Comcar”), CTL Transportation, LLC (“CTL”), a Delaware limited liability company, and each of Comcar’s and CTL’s Subsidiaries and Affiliates listed on the signature pages hereto (together with Comcar and CTL, “Sellers” and each, a “Seller”) and Adams Resources & Energy, Inc., a Delaware corporation and Service Transport Company, a Texas corporation (collectively, “Buyer”). Each Seller and Buyer are referred to herein individually as a “Party” and collectively as the “Parties”.