ASSET PURCHASE AGREEMENT BY AND AMONG INTERNATIONAL INDUSTRIAL SERVICES, INC., COOPERHEAT-MQS, INC., TEAM ACQUISITION CORP. AND TEAM, INC. DATED JULY 16, 2004Asset Purchase Agreement • July 20th, 2004 • Team Inc • Services-miscellaneous repair services • Texas
FOR VALUE RECEIVED, International Industrial Services, Inc., a Delaware corporation (“IISI”), hereby sells, assigns and transfers to [ ], a [ ] corporation (“Buyer”), [ ] shares of common stock, [ ] par value per share, of Global Heat (1998) Inc., an Ontario corporation (the “Corporation”), registered in IISI’s name on the books of the Corporation and constituting all of the outstanding capital stock of the Corporation, as represented by Certificate No. [ ] herewith, and does hereby irrevocably constitute and appoint as its attorney-in-fact to take any and all actions IISI could take if acting on its own behalf to effectuate a transfer of such stock to Buyer on the books of the Corporation with full power of substitution in the premises, and does hereby ratify and confirm all that such attorney-in-fact shall lawfully do by virtue hereof.
