ASSET SALE AND PURCHASE AGREEMENT AMONG USPBCo, LLC and AND FARMLAND INDUSTRIES, INC., Debtor-in-Possession FARMLAND FOODS, INC., Debtor-in- Possession and NBPCo., LLC, Dated as of June 12, 2003 ASSET SALE AND PURCHASE AGREEMENTAsset Sale and Purchase Agreement • August 15th, 2003 • Farmland Industries Inc • Wholesale-farm product raw materials • Missouri
Contract Type FiledAugust 15th, 2003 Company Industry JurisdictionTHIS ASSET SALE AND PURCHASE AGREEMENT (this "Agreement") is made and entered into this 12th day of June, 2003, by and among Farmland Industries, Inc., Debtor-in-Possession, a Kansas corporation ("Industries"), Farmland Foods, Inc., Debtor-in-Possession, a Kansas corporation ("Foods"), NBPCo., LLC, a Kansas limited liability company ("NBPCo.") (Industries and Foods are hereinafter referred to collectively as "Sellers" and individually as a "Seller"), U.S. Premium Beef, Ltd., a Kansas cooperative corporation ("USPB"), USPBCo, LLC, a Minnesota limited liability company ("USPBCo"), and U.S. Premium Products, LLC, a Delaware limited liability company ("USPP") (USPB, USPBCo and USPP are hereinafter referred to collectively as "Buyers" and individually as a "Buyer").