Binding Purchase Agreement May 19, 2009Binding Purchase Agreement • May 27th, 2009 • Flanders Corp • Industrial & commercial fans & blowers & air purifing equip • North Carolina
This Binding Purchase Agreement (this “Agreement”) sets forth the binding obligations of the parties concerning a transaction whereby R.P.S. Products, Inc. (“Buyer”) agrees to purchase and Flanders Corporation (“Seller”) agrees to sell the assets and liabilities listed on the attached Schedule A and which are owned by or the responsibility of Seller (the “Subject Assets”), the bulk of which were acquired from Wildwood Industries, Inc. (the “Company”) out of bankruptcy.
