DISSOLUTION AGREEMENTDissolution Agreement • March 8th, 2012 • Thermoenergy Corp • Hazardous waste management • Massachusetts
THIS DISSOLUTION AGREEMENT (the “Agreement”) is entered into effective as of the 2nd day of March 2012, by and among Babcock-Thermo Clean Combustion LLC f/k/a Babcock-Thermo Carbon Capture LLC, a Delaware limited liability company (the “Company”), Babcock Power Development, LLC, a Delaware limited liability company (“Babcock”), Babcock Power Inc., a Delaware corporation (the “Babcock Affiliate”, and together with Babcock, the “Babcock Parties”), ThermoEnergy Power Systems, LLC, a Delaware limited liability company (“TEPS”) and ThermoEnergy Corporation, a Delaware corporation (the “TEPS Affiliate”, and together with TEPS, the “TEPS Parties”). The Company, Babcock, the Babcock Affiliate, TEPS and the TEPS Affiliate are sometimes referred to herein individually as a “Party” and collectively as the “Parties”.
