ASSET PURCHASE AGREEMENT BY AND AMONG SQUADRON NEWCO LLC, AS PURCHASER, SQUADRON CAPITAL LLC, VILEX IN TENNESSEE, INC., ORTHEX, LLC, AND ORTHOPEDIATRICS CORP. DATED AS OF DECEMBER 31, 2019 ASSET PURCHASE AGREEMENTAsset Purchase Agreement • January 6th, 2020 • Orthopediatrics Corp • Surgical & medical instruments & apparatus • Delaware
This ASSET PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of December 31, 2019, by and among (i) Squadron Newco LLC, a Delaware limited liability company (“Purchaser”), (ii) Squadron Capital LLC, a Delaware limited liability company (“Squadron” and together with Purchaser, the “Purchaser Parties” and each, a “Purchaser Party”), (iii) Vilex in Tennessee, Inc., a Tennessee corporation (“Seller”), (iv) Orthex, LLC, a Florida limited liability company (“Orthex”), and (v) OrthoPediatrics Corp., a Delaware corporation (“OrthoPediatrics” and together with Seller and Orthex, the “Seller Parties” and each, a “Seller Party”). Squadron is joining this Agreement for the limited purposes set forth in Section 1.5(a)(iii), Section 1.5(a)(iv), Article III, and Article VI of this Agreement. Capitalized terms not otherwise defined herein shall have the respective meaning assigned to such term as set forth in Section 8.1 hereof.
