ASSET PURCHASE AGREEMENT amongAsset Purchase Agreement • October 22nd, 2007 • DXP Enterprises Inc • Wholesale-industrial machinery & equipment • Texas
Contract Type FiledOctober 22nd, 2007 Company Industry JurisdictionThis ASSET PURCHASE AGREEMENT (the “Agreement”) dated as of October 18, 2007, by and among DXP Enterprises, Inc., a <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Texas corporation (“Purchaser”), Indian Fire & Safety, Inc., a New Mexico corporation (“IFS”), Lone Wolf Rental, LLC, a New Mexico limited liability company (“LWR”), James Spurgeon, an individual residing at 192 FM 2828 Medina, Texas 78055 (“Executive”), Danae Spurgeon, an individual residing at 192 FM 2828 Medina, Texas 78055, Chris Spurgeon, an individual residing in Denver City, Texas, and The Bonnie Lee Spurgeon Irrevocable Trust, a trust organized under the laws of the State of New Mexico. Each of IFS, LWR and Executive are sometimes alternatively referred to individually herein as a “Seller” and collectively as “Sellers”. Each of Executive, Danae Spurgeon, Chris Spurgeon and The Bonnie Lee Spurgeon Irrevocable Trust are sometimes alternatively referred to individually herein as an “Owne