ASSET PURCHASE AGREEMENT <?xml:namespace prefix = o ns = "urn:schemas- microsoft-com:office:office" />Asset Purchase Agreement • March 4th, 2008 • Orion Marine Group Inc • Heavy construction other than bldg const - contractors • Florida
Contract Type FiledMarch 4th, 2008 Company Industry JurisdictionTHIS ASSET PURCHASE AGREEMENT (this “Agreement”) dated February 29, 2008 (the “Closing Date”), is by and between OMGI Sub, LLC, a Florida limited liability company (“Buyer”), and Orion Marine Group, Inc., a Delaware corporation and parent company of Buyer (“OMGI”), on the one hand, and Subaqueous Services, Inc., a Florida corporation (“Seller”), and Lance Young, individually and as the sole holder of stock of Seller (“Shareholder”), on the other hand. Buyer, OMGI, Seller and the Shareholder are sometimes referred to individually herein as a “Party” and collectively herein as the “Parties.”