ASSET PURCHASE AGREEMENT BY AND AMONG VERTEX ENERGY, INC. VERTEX REFINING LA, LLC, VERTEX REFINING NV, LLC OMEGA REFINING, LLC, BANGO REFINING NV, LLC AND OMEGA HOLDINGS COMPANY LLC DATED EFFECTIVE AS OF MARCH 17, 2014Assignment and Assumption Agreement • March 19th, 2014 • Vertex Energy Inc. • Refuse systems • Delaware
THIS ASSET PURCHASE AGREEMENT (this "Agreement") is made and entered into effective as of March 17, 2014 by and between VERTEX ENERGY, INC., a Nevada corporation ("Vertex"), VERTEX REFINING LA, LLC, a Louisiana limited liability company and a wholly owned subsidiary of Vertex ("Louisiana Buyer"), VERTEX REFINING NV, LLC, a Nevada limited liability company and a wholly owned subsidiary of Vertex ("Bango Buyer;" and along with Louisiana Buyer, individually a "Buyer" and collectively, the "Buyers"), OMEGA REFINING, LLC, a Delaware limited liability company ("Omega"), BANGO REFINING NV, LLC, a Delaware limited liability company ("Bango Refining;" and along with Omega, each a "Seller" and collectively, the "Sellers"), and OMEGA HOLDINGS COMPANY LLC, a Delaware limited liability company (the "Equity Owner"). Certain capitalized terms used herein but not otherwise defined shall have the meanings set forth in Section 1.01.
