ASSET PURCHASE AGREEMENT by and among POWER SOLUTIONS INTERNATIONAL, INC., POWERTRAIN INTEGRATION ACQUISITON, LLC, POWERTRAIN INTEGRATION, LLC, and THE PRINCIPALS OF POWERTRAIN INTEGRATION, LLC dated as of May 4, 2015Asset Purchase Agreement • May 6th, 2015 • Power Solutions International, Inc. • Engines & turbines • Illinois
Contract Type FiledMay 6th, 2015 Company Industry JurisdictionTHIS ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of May 4, 2015, is by and among Powertrain Integration, LLC, an Indiana limited liability company (the “Seller”), Robert A Pachla (“Pachla”), an individual and a principal of RAP Ventures, LLC (a member of the Seller), Michael Schoeffler (“Schoeffler”), and Bradley Richards (“Richards”), each an individual and a principal of Rigginator LLC (a member of the Seller), Scott A Ronan (“Ronan”), an individual and a member of SR Holdings II, LLC (a member of the Seller), Todd G. Carlson, an individual and a principal of SLC Holdings II, LLC (a member of the Seller) (“Carlson” and together with Pachla, Schoeffler, Ronan and Richards, the “Principals” and the Principals, together with the Seller, the “Selling Parties”), Power Solutions International Inc., a Delaware corporation (the “Parent”), and Powertrain Integration Acquisition, LLC, an Illinois limited liability company (the “Buyer”). Certain capitalized terms used but not otherwis