ASSET PURCHASE AGREEMENT AMONG MIDAS INTERNATIONAL CORPORATION AND G.C. & K.B. INVESTMENTS, INC., NEW ENGLAND, INC., SPEEDEE INTERNATIONAL, INC., SPEEDEE OPERATING COMPANY, LLC, SPEEDEE OIL CHANGE SYSTEMS, INC., GARY L. COPP AND KEVIN M. BENNETT DATED...Asset Purchase Agreement • May 8th, 2008 • Midas Inc • Wholesale-motor vehicles & motor vehicle parts & supplies • Delaware
THIS ASSET PURCHASE AGREEMENT (this “Agreement”) is made and entered into effective as of 12:01 a.m. March 30, 2008, by and among MIDAS INTERNATIONAL CORPORATION, a Delaware corporation (or its designee(s) as permitted pursuant to Section 17(d)) (“Buyer”), G.C. & K.B. INVESTMENTS, INC., a Louisiana corporation (“GCKB Inc.”), NEW ENGLAND, INC., a Louisiana corporation (“New England”), SPEEDEE INTERNATIONAL, INC., a Louisiana corporation (“International”), SPEEDEE OPERATING COMPANY, LLC, a Louisiana limited liability company (“Operating”), SPEEDEE OIL CHANGE SYSTEMS, INC., a Louisiana corporation (“SOCS”), GARY L. COPP (“Copp”) and KEVIN M. BENNETT (“Bennett”). GCKB Inc., New England, International, Operating and SOCS are sometimes collectively referred to herein as “Sellers” and sometimes individually as a “Seller.” Copp and Bennett are sometimes collectively referred to herein as “Owners” and sometimes individually as an “Owner.” Buyer, Sellers and Owners are sometimes referred to here
