ASSET PURCHASE AGREEMENTAsset Purchase Agreement • November 14th, 2003 • Flotek Industries Inc/Cn/ • Wholesale-industrial machinery & equipment • Oklahoma
THIS ASSET PURCHASE AGREEMENT (“Purchase Agreement”) is made and entered into as of the 1st day of August, 2003, by and between Special Equipment Manufacturing, Inc. (“Purchaser”), and Equipment Specialties, Inc. (“Seller”) with reference to the following circumstances:
BUSINESS LOAN AGREEMENT (ASSET BASED)Business Loan Agreement • November 14th, 2003 • Flotek Industries Inc/Cn/ • Wholesale-industrial machinery & equipment • Oklahoma
THIS BUSINESS LOAN AGREEMENT (ASSET BASED) dated September 30, 2003, is made and executed between Flotek Industries, Inc. (“Borrower”) and Legacy Bank (“Lender”) on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement (“Loan”). Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower’s representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender’s sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.
CESI CHEMICAL 1004 S. Plainsman Rd Marlow, Ok 73055 580-658-6608Flotek Industries Inc/Cn/ • November 14th, 2003 • Wholesale-industrial machinery & equipment
This agreement supercedes all terms and conditions of the “Purchase Agreement between CESI Chemical and Stimulation Chemicals, LLC” signed January 30, 2003 and is retroactively effective as of June 2, 2003.
AMENDMENT to ASSET PURCHASE AGREEMENTAsset Purchase Agreement • November 14th, 2003 • Flotek Industries Inc/Cn/ • Wholesale-industrial machinery & equipment
THIS AMENDMENT to the ASSET PURCHASE AGREEMENT (“Purchase Agreement”) is made and entered into as of the 1st day of August, 2003 by and between Special Equipment Manufacturing, Inc. (“Purchaser”), and Equipment Specialties, Inc. (“Seller”) with reference to the following circumstances:
