NONCOMPETITION AGREEMENTNoncompetition Agreement • October 13th, 2006 • Bairnco Corp /De/ • Plastic materials, synth resins & nonvulcan elastomers • Florida
THIS NONCOMPETITION AGREEMENT (as hereinafter defined, this “Agreement”), is made as of this 11th day of October, 2006, by and among SOUTHERN SAW SERVICE, L.P., a Georgia limited partnership (“Southern Saw”), SOUTHERN SAW HOLDINGS, INC., a Georgia corporation (“Holdings” and together with Southern Saw, the “Sellers”) and SOUTHERN SAW ACQUISITION CORPORATION, a Delaware corporation having its headquarters and principal place of business in Lake Mary, Florida (“Buyer”).
ASSET PURCHASE AGREEMENT AMONG SOUTHERN SAW ACQUISITION CORPORATION (“Buyer”) and SOUTHERN SAW HOLDINGS, INC. and SOUTHERN SAW SERVICE, L.P. (collectively, “Sellers”) October 11, 2006Asset Purchase Agreement • October 13th, 2006 • Bairnco Corp /De/ • Plastic materials, synth resins & nonvulcan elastomers • Georgia
THIS ASSET PURCHASE AGREEMENT (as hereinafter defined, this “Agreement”) is made and entered into effective as of October 11, 2006, by and among SOUTHERN SAW ACQUISITION CORPORATION, a Delaware corporation (the “Buyer”), SOUTHERN SAW HOLDINGS, INC., a Georgia corporation (“Holdings”), and SOUTHERN SAW SERVICE, L.P., a Georgia limited partnership (“Southern Saw,” collectively with Holdings, “Sellers,” and each of Southern Saw and Holdings, without distinction, a “Seller”). The Buyer and the Sellers are sometimes referred to herein individually as a “Party” and collectively as the “Parties.” This Agreement has been joined in by KASCO CORPORATION, a Delaware corporation (“Kasco”), the parent corporation of Buyer, as Buyer’s Guarantor, by execution of the Joinder of Buyer’s Guarantor appearing at the end of this Agreement.
