ASSET PURCHASE AGREEMENT By and Among RUTLAND TOOL & SUPPLY CO., LAWSON PRODUCTS, INC., SID TOOL CO., INC. and MSC INDUSTRIAL DIRECT CO., INC.Asset Purchase Agreement • November 10th, 2010 • Lawson Products Inc/New/De/ • Wholesale-machinery, equipment & supplies • New York
This ASSET PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of November 9, 2010 by and among Rutland Tool & Supply Co., a Nevada corporation (“Seller”), Lawson Products, Inc., a Delaware corporation (“Seller Parent”), Sid Tool Co., Inc. (d/b/a MSC Industrial Supply Co.), a New York corporation (“Buyer”), and MSC Industrial Direct Co., Inc., a New York corporation (“Buyer Parent”). Seller, Seller Parent, Buyer and Buyer Parent are hereinafter referred to collectively as the “Parties” and each individually as a “Party.”
