ASSET PURCHASE AGREEMENT by and among SPECTRUM CONTROL, INC., SPECTRUM MICROWAVE, INC., MICRO NETWORKS CORPORATION, CREATIVE ELECTRIC, INCORPORATED, MNC WORCESTER CORPORATION and INTEGRATED DEVICE TECHNOLOGY, INC. Dated: November 20, 2009Asset Purchase Agreement • December 2nd, 2009 • Spectrum Control Inc • Electronic components, nec • New York
THIS ASSET PURCHASE AGREEMENT dated November 20, 2009 is by and among SPECTRUM CONTROL, INC., a Pennsylvania corporation with its principal place of business at 8031 Avonia Road, Fairview, Pennsylvania 16415 (“Spectrum”), SPECTRUM MICROWAVE, INC., a Delaware corporation with its principal place of business at 1900 West College Avenue, State College, Pennsylvania 16801 (“Buyer”); MICRO NETWORKS CORPORATION, a Delaware corporation, with its principal place of business at 324 Clark Street, Worcester, Massachusetts 01606 (“Micro Networks”); CREATIVE ELECTRIC, INCORPORATED, a New York corporation and the wholly-owned subsidiary of Micro Networks, with its principal place of business at 23 North Division Street, Auburn, New York 13021 (“Creative Electric”); MNC WORCESTER CORPORATION, a Delaware corporation and the wholly-owned subsidiary of Micro Networks, with its principal place of business at 324 Clark Street, Worcester, Massachusetts 01606 (“MNC Worcester” and, together with Micro Networ
