Asset Purchase Agreement by and among Grand Avenue Incorporated Assad Iron & Metals, Inc. Heidelberg Metals, Inc., Neville Recycling LLC Platt Properties LLC collectively “the Seller” and Metalico Neville, Inc. April 30, 2008Asset Purchase Agreement • May 5th, 2008 • Metalico Inc • Secondary smelting & refining of nonferrous metals • Pennsylvania
THIS ASSET PURCHASE AGREEMENT, made as of the 30th day of April 2008, by and between Metalico Neville, Inc., a Pennsylvania corporation (“Buyer”) and Grand Avenue Incorporated, a Pennsylvania Corporation (“Grand Avenue”), Assad Iron & Metals, Inc., a Pennsylvania corporation (“Assad Iron”), Heidelberg Metals, Inc., a Pennsylvania corporation, trading and doing business as Neville Metals (“Neville Metals”), Neville Recycling LLC, a Pennsylvania limited liability company (“Neville Recycling”), and Platt Properties LLC, a Pennsylvania limited liability company (“Platt Properties”), collectively “the Seller”.
FORM OF TRANSFERRED STOCK LETTER]Metalico Inc • May 5th, 2008 • Secondary smelting & refining of nonferrous metals
We refer to that certain Asset Purchase Agreement dated as of April , 2008 (the “Purchase Agreement”) by and among Grand Avenue Incorporated, Assad Iron & Metals, Inc., Heidelberg Metals, Inc., Neville Recycling LLC and Platt Properties LLC (collectively, “Seller”), and Metalico Neville, Inc. (“Buyer”). Capitalized terms used in this letter agreement (this “Letter”) and not otherwise defined have the meanings attributed to them in the Purchase Agreement.
