ASSET PURCHASE AGREEMENT BY AND AMONG API TECHNOLOGIES CORP., API SYSTEMS, INC., API DEFENSE, INC., API DEFENSE USA, INC., KUCHERA DEFENSE SYSTEMS, INC. KII, INC., KUCHERA INDUSTRIES, LLC, WILLIAM KUCHERA AND RONALD KUCHERA DATED JANUARY 20, 2010Asset Purchase Agreement • March 2nd, 2010 • API Technologies Corp. • Semiconductors & related devices • Delaware
This ASSET PURCHASE AGREEMENT (“Agreement”) is dated January 20, 2010 by and among API Technologies Corp., a Delaware corporation (“API Parent”), API Systems, Inc., a Delaware corporation (“Systems”), API Defense, Inc., a Delaware corporation (“API Defense”), API Defense USA Inc., a Delaware corporation (“API USA” and collectively, with Systems and API Defense, the “Buyers” or when the context requires, each individually, a “Buyer”); Kuchera Defense Systems, Inc. a Pennsylvania corporation (“K Defense”), KII Inc., a Pennsylvania corporation (“KII”) and Kuchera Industries LLC, a Pennsylvania limited liability company (“K Industries” and collectively with K Defense and KII, the “Sellers” or when the context requires, each individually, a “Seller”) , William Kuchera (“William”), a resident of the Commonwealth of Pennsylvania and Ronald Kuchera (“Ronald”), a resident of the Commonwealth of Pennsylvania (collectively, the “Shareholders” or individually where the context does not require a d
