ASSET PURCHASE AGREEMENT BY AND AMONG SPI PETROLEUM LLC, SIMONS PETROLEUM, INC., SPI ACQUISITION LLC, N&J SHINGLE OIL SERVICES LIMITED LIABILITY COMPANY, TOM E. TREVENEN D/B/A/ J&T TRUCKING, TREVCO, INC. AND THE SHAREHOLDERS OF TREVCO, INC. JUNE 8, 2005Asset Purchase Agreement • October 25th, 2007 • Maxum Petroleum Holdings, Inc. • Wholesale-petroleum bulk stations & terminals • Oklahoma
This Asset Purchase Agreement (“Agreement”) is made this 8th day of June, 2005 by and among SPI Petroleum LLC, a Delaware limited liability company (“Parent”), Simons Petroleum, Inc., an Oklahoma corporation (“Simons”), SPI Acquisition LLC, a Delaware limited liability company (“SPI”, and together with Parent and Simons, the “Buyer”), Trevco, Inc., a Colorado corporation d/b/a Trevenen Oil Distributing and Grand Valley Oil and Fuel (“Seller”), N&J Shingle Oil Services Limited Liability Company, a Colorado limited liability company (“NJS”), Tom E. Trevenen d/b/a/ J&T Trucking, a sole proprietorship (“JTT”), and each shareholder of Trevco, Inc. listed on the signature page(s) hereto (each individually, an “Owner” and collectively, the “Owners”). NJS, JTT, the Owners and Seller are collectively referred to herein as the “Selling Parties.” The Selling Parties and Buyer are collectively referred to herein as the “Parties.”
