ASSET PURCHASE AGREEMENT BY AND AMONG VENTURE STEEL (U.S.) INC., AS PURCHASER, OLYMPIC STEEL LAFAYETTE, INC., AS SELLER, AND THE SELLING EQUITYHOLDER (AS DEFINED THEREIN) DATED AS OF SEPTEMBER 17, 2021Asset Purchase Agreement • September 22nd, 2021 • Olympic Steel Inc • Wholesale-metals service centers & offices • New York
This ASSET PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of September 17, 2021 (the “Effective Date”) at 4:00 P.M. (EST), by and among (i) Venture Steel (U.S.) Inc., a Delaware corporation (“Purchaser”), (ii) Olympic Steel Lafayette, Inc., an Ohio corporation (“Seller”), and (iii) Olympic Steel, Inc., an Ohio corporation (the “Selling Equityholder”). The Selling Equityholder, together with Seller, are sometimes referred to collectively as the “Seller Parties”. Capitalized terms not otherwise defined herein shall have the respective meaning assigned to such term as set forth in ARTICLE IX hereof.
