ASSET PURCHASE AGREEMENT by and among Fuel Tech, Inc., Advanced Combustion Technology, Inc. and Peter D. Marx, Robert W. Pickering and Charles E. TrippelAsset Purchase Agreement • March 5th, 2009 • Fuel Tech, Inc. • Industrial & commercial fans & blowers & air purifing equip
This Asset Purchase Agreement (the “Agreement”) is made as of December 5, 2008, by and among Fuel Tech, Inc., a Delaware corporation (the “Purchaser”); Advanced Combustion Technology, Inc., a New Hampshire corporation (the “Seller”); Peter Marx, an individual (“Marx”); Robert Pickering, an individual (“Pickering”); and Charles Trippel, an individual (“Trippel”). Each of Marx, Pickering and Trippel are sometimes individually referred to as a “Shareholder,” or, collectively, as the “Shareholders.”
