TERMINATION OF ASSET PURCHASE AGREEMENTS, FRANCHISE AND PARENT GUARANTYTermination of Asset Purchase Agreements, Franchise and Parent Guaranty • September 28th, 2011 • Artesian Resources Corp • Water supply
THIS TERMINATION OF ASSET PURCHASE AGREEMENTS, FRANCHISE AND PARENT GUARANTY (this “Agreement”) is entered into as of the 27th day September, 2011 (the “Effective Date”), by and among ARTESIAN WASTEWATER MARYLAND, INC., a Delaware corporation (the “Franchisee”), ARTESIAN RESOURCES CORPORATION, a Delaware corporation (“Parent”) and CECIL COUNTY, MARYLAND, a body corporate and politic under the laws of the State of Maryland, as represented by the Board of County Commissioners of Cecil County (the “County”).
