Page

ARTICLE I

SALE AND PURCHASE OF THE ASSETS

1.1.

Assets

1

1.2.

Excluded Assets

3

ARTICLE II

THE CLOSING

2.1.

Place and Date

4

2.2.

Purchase Price

4

2.3.

Allocation of Purchase Price

4

2.4.

Trade Accounts Payable Adjustment

4

2.5.

Purchase Price Adjustment

5

2.6.

Assumption of Liabilities 

6

2.7.

Retained Liabilities

7

2.8.

Consents of Third Parties

7

ARTICLE III

REPRESENTATIONS AND WARRANTIES

3.1.

Representations and Warranties of the Sellers

8

3.1.1.

Organization; Ownership

8

3.1.2.

Authorization, etc.

8

3.1.3.

No Conflicts, etc.

8

3.1.4.

Financial Statements

9

3.1.5.

Books and Records

9

3.1.6.

Taxes

9

3.1.7.

Events Subsequent to the Unaudited Balance Sheet Date

10

3.1.8.

Litigation

11

3.1.9.

Compliance with Laws; Governmental Approvals

11

3.1.10.

Assets

12

3.1.11.

Contracts

12

3.1.12.

Inventories

13

3.1.13.

Customers

13

3.1.14.

Suppliers; Raw Materials

13

3.1.15.

Products; Product and Service Warranties; Product Liability; Selling Material and Policies

13

3.1.16.

Intellectual Property

13

3.1.17.

Insurance

14

3.1.18.

Real Property

15

3.1.19.

Environmental Matters

16

3.1.20.

Employees, Labor Matters, etc.

16

3.1.21.

Employee Benefit Plans and Related Matters

17

Page

3.1.22.

Brokers, Finders, etc.

17

3.1.23.

Sufficiency of Assets

18

3.2.

Representations and Warranties of the Buyer

18

3.2.1.

Corporate Status; Authorization, etc.

18

3.2.2.

No Conflicts, etc.

18

3.2.3.

Litigation

19

3.2.4.

Brokers, Finders, etc.

19

3.2.5.

Financing

19

ARTICLE IV

COVENANTS

4.1.

Covenants of the Sellers

19

4.1.1.

Conduct of Business

19

4.1.2.

Access and Information

20

4.1.3.

Public Announcements

21

4.1.4.

Further Actions

21

4.1.5.

Further Assurances

21

4.1.6.

Transfer Taxes

22

4.1.7.

Bulk Sales Laws

22

4.1.8.

Exclusivity

22

4.1.9.

Other Actions

22

4.1.10.

Minerva, Ohio Site

23

4.2.

Covenants of the Buyer

23

4.2.1.

Public Announcements

23

4.2.2.

Further Actions

23

4.2.3.

Further Assurances

23

4.2.4.

Use of Business Names and Marks by the Buyer

24

4.2.5.

Confidentiality

24

4.2.6.

Bulk Sales Laws

24

4.2.7.

Minerva, Ohio Site

24

4.2.8.

Other Agreements

24

4.3.

Baseline Environmental Assessment

25

ARTICLE V

CONDITIONS PRECEDENT

5.1.

Conditions to Obligations of Each Party

25

5.1.1.

HSR Act Notification

25

5.1.2.

No Injunction, etc.

25

5.2.

Conditions to Obligations of the Buyer

25

5.2.1.

Representations; Performance

26

5.2.2.

Consents

26

5.2.3.

Collateral Agreements

26

5.2.4.

Transfer Documents

26

5.2.5.

Indiana Responsible Property Transfer Law

27

5.2.6.

FIRPTA Certificate

27

5.3.

Conditions to Obligations of the Sellers

27

Page

5.3.1.

Representations, Performance, etc.

28

5.3.2.

Consents

28

5.3.3.

Assumption Agreement

28

5.3.4.

Collateral Agreements

28

5.3.5.

Bank Consent

28

ARTICLE VI

EMPLOYEES AND EMPLOYEE BENEFIT PLANS

6.1.

Employment of the Sellers Employees

28

6.1.1.

Non-Solicitation

28

6.1.2.

Employees Represented by a Labor Organization

28

6.1.3.

Transferred Employees

29

6.1.4.

Responsibility Under the Worker Adjustment and Retraining Notification Act (WARN)

30

6.2.

Workers Compensation Claims

30

6.3.

Welfare Benefit Plans

30

6.3.1.

Transferred Employees

30

6.3.2.

Cooperation

31

6.4.

Information; Cooperation

31

ARTICLE VII

TERMINATION

7.1.

Termination

31

7.2.

Effect of Termination

32

ARTICLE VIII

GUARANTY

8.1.

Guaranty of Sellers Obligations

32

8.2.

Subrogation

33

8.3.

Representations and Warranties

33

8.4.

Liquidation, Winding Up, etc.

34