Preview | Asset Purchase Agreement |

		Page
ARTICLE I Definitions and Usage		1
1.1	Definitions	1
1.2	Usage	14
ARTICLE II Purchase and Sale of Businesses and Assets		14
2.1	Purchase and Sale of Assets	14
2.2	Excluded Assets	15
2.3	Assumed Liabilities	15
2.4	Excluded Liabilities	16
ARTICLE III Purchase Price; Payment; Assumption of Obligations		17
3.1	The Closing	17
3.2	Purchase Price.	18
3.3	Payment	19
3.4	Allocation	19
3.5	Nonassignable Contracts	20
3.6	Escrow	20
3.7	Accounts Receivable.	21
ARTICLE IV Representations and Warranties of the Sellers and MFFB		22
4.1	Organization and Good Standing	23
4.2	Enforceability; Authority	23
4.3	Consents; Approvals	24
4.4	Financial Statements	24
4.5	Real Property	25
4.6	Title to Assets	27
4.7	Sufficiency of Assets	28
4.8	Accounts Receivable	28
4.9	Insolvency Proceedings	28
4.10	Taxes	28
4.11	Labor Relations; Compliance	29
4.12	Employee Benefits	29
4.13	Litigation; Orders	31
4.14	Compliance With Laws; Permits	32
4.15	Operations of the Sellers	32
4.16	Material Contracts	33
4.17	Insurance	34
4.18	Environmental and Safety Matters	35
4.19	Intellectual Property	36
4.20	Affiliate Transactions	38
4.21	Brokers? or Finders? Fees	38
4.22	Suppliers	38
4.23	Franchise Matters	39
4.24	Powers of Attorney	44
4.25	Investment	44
4.26	Deferred Revenue Liability	45
4.27	Indenture Payment	45
4.28	Settlement Agreement	45
4.29	Other Contracts	45

ARTICLE V Representations and Warranties of Buyer and Parent		45
5.1	Existence and Good Standing; Authorization	45
5.2	Consents and Approvals; No Violations	46
5.3	SEC Documents and Other Reports	46
5.4	Litigation	47
5.5	Brokers? or Finders? Fees	47
5.6	Parent Shares	47
ARTICLE VI Pre-Closing Covenants		47
6.1	Efforts to Closing	47
6.2	Conduct of the Businesses	47
6.3	Access and Investigation	49
6.4	Business Plan	49
6.5	Exclusivity	49
6.6	Change of Name	49
6.7	Notice of Developments	50
6.8	Continuation of Businesses	50
6.9	Regulatory Filings	50
6.10	Maintenance of Real Property	51
6.11	Leases	51
6.12	Title Insurance	51
6.13	Financing	51
6.14	Employees	51
ARTICLE VII Post-Closing Covenants		52
7.1	Employees	52
7.2	Taxes Related to Purchase of Assets; Tax Cooperation	52
7.3	Nonsolicitation	54
7.4	Further Assurances	54
7.5	Audit	54
7.6	Confidentiality	55
7.7	Solvency	55
7.8	Restrictions on Sale of Parent Shares	56
7.9	Registration	56
7.10	Agreement to Vote	56
7.11	Access to Records	56
7.12	Product Formulation Royalties	57
7.13	Lease Obligations	57
7.14	Intellectual Property	58
7.15	Franchise Business.	59
7.16	New Settlement Agreement	59
7.17	Waste Water Filter	59
ARTICLE VIII Conditions Precedent to Parent?s and Buyer?s Obligation to Close		59
8.1	Truth of Representations and Warranties	60
8.2	Performance of Agreements	60
8.3	Certificate	60
8.4	No Injunction	60
8.5	Governmental and Other Approvals	60
8.6	Indenture Lien Release	60
8.7	Transition Services	60
8.8	Escrow Agreement	60
8.9	Registration Rights Agreement	60
8.10	Voting Agreement	60

8.11	Deed	60
8.12	No Material Adverse Effect	61
8.13	Financing	61
8.14	Real Property	61
8.15	Title Insurance	61
8.16	Closing Deliverables	61
ARTICLE IX Conditions Precedent to the Sellers? Obligation to Close		62
9.1	Truth of Representations and Warranties	62
9.2	Performance of Agreements	62
9.3	Certificate	62
9.4	No Injunction	62
9.5	Governmental and Other Approvals	62
9.6	Escrow Agreement	62
9.7	Registration Rights Agreement	62
9.8	Closing Deliverables	63
ARTICLE X Termination		63
10.1	Right to Terminate	63
10.2	Effect of Termination	64
ARTICLE XI Indemnification; Remedies		64
11.1	Survival	64
11.2	Indemnification by the Sellers and MFFB	64
11.3	Indemnification by Buyer	65
11.4	Limitation on Liability	65
11.5	Other Indemnification Provisions	66
11.6	Procedure for Indemnification	66
11.7	Non-Third Party Claims	67
11.8	Indemnification Payments	68
ARTICLE XII Miscellaneous		68
12.1	Public Disclosure or Communications.	68
12.2	Notices	68
12.3	Entire Agreement; Nonassignability; Parties in Interest	69
12.4	Bulk Sales Law	69
12.5	Expenses	70
12.6	Waiver and Amendment	70
12.7	Severability	70
12.8	Remedies Cumulative