DYNAMIC MATERIALS CORPORATION
ASSET PURCHASE AGREEMENT
between
DYNAMIC MATERIALS CORPORATION
and
AMK WELDING, INC.
Dated
January 5, 1998
TABLE OF CONTENTS
PAGE
5. Other Matters...................................................16
5.1 Covenant Not to Compete.............................16
1. Transfer of Assets, Payment, and Related Matters.................1
1.1 Transfer of Assets...................................1
1.2 Retained Assets......................................2
1.3 No Assumption of Obligations and Liabilities.........2
1.4 Consideration........................................2
1.5 Allocation of Consideration..........................3
1.6 Taxes................................................3
1.7 Instruments of Conveyance, Transfer and Assumption...3
1.8 Further Assurances...................................3
2. Closing..........................................................4
3. Representations and Warranties by Seller.........................4
3.1 Organization and Standing............................4
3.2 Corporate Power Authorization........................4
3.3 No Breach, Etc.......................................4
3.4 Financial Statements.................................5
3.5 Title to Properties: Liens: Condition of Properties..5
3.6 Taxes................................................5
3.7 No Liabilities.......................................6
3.8 Litigation, Etc......................................6
3.9 Patents, Trade Names and Trademarks..................6
3.10 Compliance with Laws.................................7
3.11 Environmental Matters................................7
3.12 Governmental Permits.................................9
3.13 Disclosure of Material Information..