ASSET PURCHASE AGREEMENT by and among DRYLOCK TECHNOLOGIES, LTD. as Buyer, PRESTO ABSORBENT PRODUCTS, INC. as Seller, and NATIONAL PRESTO INDUSTRIES, INC. as Parent January 3, 2017Asset Purchase Agreement • January 9th, 2017 • National Presto Industries Inc • Ordnance & accessories, (no vehicles/guided missiles) • Wisconsin
THIS ASSET PURCHASE AGREEMENT (this “Agreement”) is made as of January 3, 2017, by and among DRYLOCK TECHNOLOGIES, LTD., a Delaware corporation (“Buyer”), PRESTO ABSORBENT PRODUCTS, INC., a Wisconsin corporation (“Seller”), and NATIONAL PRESTO INDUSTRIES, INC., a Wisconsin corporation (“Parent”; and, together with Seller, “Seller Parties”). Buyer, Seller and Parent are each referred to in this Agreement as a “Party” and, collectively, as the “Parties.”
