Asset Purchase Agreement (2005)Full Document 

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                            ASSET PURCHASE AGREEMENT

                                      AMONG

                         INTERNATIONAL WIRE GROUP, INC.,

                            WIRE TECHNOLOGIES, INC.,

                                       AND

                                COPPERFIELD, LLC

                             ---------------------

                          Dated as of November 30, 2005




                                TABLE OF CONTENTS

PAGE Article I DEFINITIONS....................................................................................1 1.1 Certain Definitions............................................................................1 1.2 Terms Defined Elsewhere in this Agreement......................................................7 1.3 Other Definitional and Interpretive Matters....................................................9 Article II PURCHASE AND SALE OF ASSETS; ASSUMPTION OF LIABILITIES........................................10 2.1 Purchase and Sale of Assets...................................................................10 2.2 Excluded Assets...............................................................................11 2.3 Assumed Liabilities...........................................................................12 2.4 Excluded Liabilities..........................................................................12 2.5 Further Conveyances and Assumptions; Consent of Third Parties.................................13 2.6 Bulk Sales Laws...............................................................................14 2.7 Purchase Price Allocation.....................................................................14 2.8 Proration.....................................................................................15 Article III CONSIDERATION.................................................................................15 3.1 Consideration.................................................................................15 3.2 Payment of Purchase Price.....................................................................15 3.3 Purchase Price Adjustment.....................................................................15 Article IV CLOSING AND TERMINATION.......................................................................18 4.1 Closing Date..................................................................................18 Article V REPRESENTATIONS AND WARRANTIES OF SELLER......................................................18 5.1 Organization and Good Standing................................................................18 5.2 Authorization of Agreement....................................................................18 5.3 Conflicts; Consents of Third Parties..........................................................19 5.4 Title to and Condition of Purchased Assets....................................................19 5.5 Location of Assets............................................................................19 5.6 Taxes.........................................................................................19 5.7 Real Property Leases, Personal Property Leases and Assigned Contracts.........................20 5.8 Real Property.................................................................................20 5.9 Employee Benefits Plans.......................................................................20 i 5.10 Labor.........................................................................................21 5.11 Litigation....................................................................................22 5.12 Compliance with Laws; Permits.................................................................22
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