ASSET PURCHASE AGREEMENTAsset Purchase Agreement • January 4th, 2013 • GlyEco, Inc. • Industrial inorganic chemicals • Arizona
THIS ASSET PURCHASE AGREEMENT (the “Agreement”) is made as of December 31, 2012 (the “Effective Date”), by and among EVERGREEN RECYCLING CO., INC., an Indiana corporation (“Seller”), THOMAS SHIVELEY, an individual (the “Selling Principal”), and GlyEco Acquisition Corp. #2, an Arizona corporation (“Buyer”). For purposes of this Agreement, Seller, Buyer, and Selling Principal are sometimes individually referred to as a “Party” and collectively, as the “Parties.” All capitalized terms, if not otherwise defined in the body of this Agreement, will have the meaning assigned to such terms in Schedule 1-A attached hereto.
