ASSET PURCHASE AGREEMENTAsset Purchase Agreement • June 13th, 2012 • American International Industries Inc • Investors, nec • Texas
Contract Type FiledJune 13th, 2012 Company Industry JurisdictionTHIS ASSET PURCHASE AGREEMENT (this "Agreement") is made and entered into as of the 3rd day of April, 2012, by and among DELTA SEABOARD, LLC, a Texas limited liability company ("Purchaser"), having its principal place of business in Houston, Harris County, Texas, ROBERT W. DERRICK, JR., a resident of Houston, Harris County, Texas (“Derrick”), RONALD D. BURLEIGH, a resident of Sunset, St. Landry Parish, Louisiana (“Burleigh”), AMERICAN INTERNATIONAL INDUSTRIES, INC., a Nevada corporation (“American”), DELTA SEABOARD WELL SERVICE, INC., a Texas corporation (“DSWSI” or “Seller”), and DELTA SEABOARD INTERNATIONAL , INC., a Nevada corporation ("DS International"). American and DS International are collectively referred to as the “Agreeing Parties”.