Common use of Covenants and Other Agreements Clause in Contracts

Covenants and Other Agreements. 29 Section 5.1. Pre-Closing Covenants of Sellers 29 Section 5.2. Pre-Closing Covenants of ISG and Buyer 32 Section 5.3. Other Covenants of Sellers, ISG and Buyer 34 Section 5.4. Employment Covenants and Other Undertakings 36 Section 5.5. Covenants Relating to Public Offering and the Financing 38 Section 5.6. Covenants Relating to Railroad Subsidiaries 39 Section 5.7. Consideration Shares 41 ARTICLE 6. TAXES 42 Sectio n 6.1. Taxes Related to Purchase of Acquired Assets 42 Section 6.2. Cooperation on Tax Matters 42 Section 6.3. Purchase Price Allocation 43 ARTICLE 7. CONDITIONS PRECEDENT TO PERFORMANCE BY PARTIES 43 TABLE OF CONTENTS (Continued) Page Section 7.1. Conditions Precedent to Performance by Sellers 43 Section 7.2. Conditions Precedent to the Performance by ISG and Buyer 44 ARTICLE 8. TERMINATION 46 Section 8.1. Conditions of Termination 46 Section 8.2. Effect of Termination; Remedies 47 Section 8.3. Exclusive Remedy 48 ARTICLE 9. SURVIVAL AND INDEMNIFICATION 48 Section 9.1. Survival; Indemnification 48 Section 9.2. Specific Performance 49 Section 9.3. Remedy for Deferred Purchase Price Payment 49 Section 9.4. Exclusive Remedy 49 ARTICLE 10. BIDDING PROCEDURES 49 Section 10.1. Bidding Procedures 49 Section 10.2. Sale Hearing and Entry of Bankruptcy Sale Order 50 ARTICLE 11. MISCELLANEOUS 51 Section 11.1. Allowed Administrative Expenses 51 Section 11.2. Alternative Transaction 51 Section 11.3. Further Assurances 51 Section 11.4. Successors and Assigns 51 Section 11.5. Governing Law; Jurisdiction 51 Section 11.6. Expenses 52 Section 11.7. Broker's and Finder's Fees 52 Section 11.8. Severability 52 Section 11.9. Notices 52 Section 11.10. Amendments; Waivers 53 Section 11.11. Public Announcements 53 Section 11.12. Entire Agreement 54 Section 11.13. No Third Party Beneficiaries 54 Section 11.14. Headings 54 Section 11.15. Counterparts 54 Section 11.16. Joint and Several 54 Section 11.17. Joint Drafting 54 Section 11.18. Construction 54 Section 11.19. Performance Deposit 54 ARTICLE 12. DEFINITIONS 55 Section 12.1. Certain Terms Defined 55 Section 12.2. All Terms Cross-Referenced 62 EXHIBITS Exhibit A Bankruptcy Sale Order Exhibit B Bidding Procedures and Sale Motion Exhibit C Bidding Procedures Order Exhibit D ISG Class B Common Stock Terms Exhibit E Reference Balance Sheet SCHEDULES Schedule 1.1(b) - Real Property Schedule 1.1(d) - Acquired Contracts Schedule 1.1(f) - Inventory and Supply Locations Schedule 1.1(h) - Intellectual Property Schedule 1.1(j) - Information Technology Schedule 1.1(k) - Permits Schedule 1.1(m) - Subsidiaries Schedule 1.1(p) - Prepaid Deposits and Expenses Schedule 1.1(r) - Acquired Benefit Plans Schedule 1.2(a) - Excluded Assets Schedule 1.3(e) - Real and Personal Property Taxes Schedule 1.6(c) - Term Sheet Assumed Contracts Schedule 1.7 - Transition Services Assets Schedule 2.2(a) - Principal Payments Schedule 3.4(a) - Ancillary Assets Schedule 4.1(f) Subsidiaries Schedule 4.1(g) - Sellers' Consents Schedule 4.1(h) (i) - Compliance with Laws Schedule 4.1(h) (ii) - Financial Obligations Schedule 4.1(i) - Litiga tion Schedule 4.1(j)(ii) - Joint Venture Benefit Plans Schedule 4.1(k)(ii) - Excluded Joint Venture Assets Schedule 4.1(l) - Acquired Intellectual Property Information Schedule 4.1(o) - Material Contracts, Cure Costs and Prepaid Expenses and Deposits Schedule 4.1(p) - Environmental Matters Schedule 4.1(q) - Insurance Schedule 4.1(r) - Real Property Matters Schedule 4.1(s) - Accounts Receivable Schedule 4.1(t) - Inventories Schedule 4.1(u) - Absence of Certain Changes Schedule 4.1(v) - Absence of Undisclosed Liabilities Schedule 4.1(y) - Joint Venture Information Schedule 4.2(e) - Buyer's Consents Schedule 4.3(f) - ISG Subsidiaries Schedule 4.3(g) - ISG's Consents Schedule 4.3(h) - Compliance with Laws Schedule 4.3(i) - Litigation Schedule 4.3(k) - ISG Environmental Matters Schedule 4.3(l) - ISG Insurance Schedule 4.3(m) - Capital Stock of ISG Schedule 4.3(p) - ISG Undisclosed Liabilities Schedule 4.3(q) - ISG Tax Matters Schedule 5.1(a) - Exceptions to Sellers' Conduct of Business Schedule 5.2(a) - Conduct of Business of ISG Before the Closing Date EXECUTION COPY ASSET PURCHASE AGREEMENT THIS ASSET PURCHASE AGREEMENT (this "Agreement"), dated as of March 12, 2003 (the "Execution Date"), is made by and among Bethlehem Steel Corporation, a Delaware corporation ("Parent"), the other Sellers, ISG Acquisition Inc., a Delaware corporation ("Buyer"), and International Steel Group Inc., a Delaware corporation ("ISG"). Capitalized terms used in this Agreement are defined or cross-referenced in Article 12.

Covenants and Other Agreements. 29 Section 5.1. Pre-Closing Covenants 59 6.1 Conduct of Sellers 29 Section 5.2. Pre-Closing Covenants Business of ISG and Buyer 32 Section 5.3. Other Covenants of Sellers, ISG and Buyer 34 Section 5.4. Employment Covenants and Other Undertakings 36 Section 5.5. Covenants Relating to Public Offering the Company and the Financing 38 Section 5.6. Covenants Relating Subsidiaries 59 6.2 Restrictions on Conduct of Business of the Company and the Subsidiaries 60 6.3 Purchaser Access to Railroad Subsidiaries 39 Section 5.7. Consideration Shares 41 ARTICLE 6. TAXES 42 Sectio n 6.1. Taxes Related to Purchase of Acquired Assets 42 Section 6.2. Cooperation on Tax Matters 42 Section 6.3. Purchase Price Allocation 43 ARTICLE 7. CONDITIONS PRECEDENT TO PERFORMANCE BY PARTIES 43 Information 62 6.4 Confidentiality 63 TABLE OF CONTENTS (Continuedcontinued) Page Section 7.1. 6.5 Public Disclosure 64 6.6 Expenses 64 6.7 No Solicitation by Company or Company Shareholders 64 6.8 Certain Taxes and Fees 65 6.9 Anti-Corruption 65 6.10 Further Assurances, Regulatory Matters 66 6.11 Transfer or Encumbrance of Shares 67 6.12 Post-Closing Cooperation 67 6.13 Termination of Certain Agreements 68 6.14 Indemnification of Directors and Officers 69 6.15 Covenants Relating to Certain Indebtedness 69 6.16 Tax Matters 71 6.17 Notification of Certain Events 71 6.18 Consideration 71 6.19 Issuer Note Guarantee 72 ARTICLE 7 CONDITIONS TO THE ACQUISITION 74 7.1 Conditions Precedent to Performance by Sellers 43 Section 7.2. Obligations of Each Party to Effect the Acquisition 74 7.2 Additional Conditions Precedent to Obligations of the Company Shareholders 74 7.3 Additional Conditions to the Performance by ISG and Buyer 44 Obligations of Purchaser 75 ARTICLE 8. TERMINATION 46 Section 8.1. Conditions 8 TERMINATION, AMENDMENT AND WAIVER 76 8.1 Termination 76 8.2 Effect of Termination 46 Section 8.2. Effect of Termination76 8.3 Amendment 77 8.4 Extension; Remedies 47 Section 8.3. Exclusive Remedy 48 Waiver 77 ARTICLE 9. SURVIVAL 9 ESCROW FUNDS AND INDEMNIFICATION 48 Section 9.1. Survival; 78 9.1 Escrow Fund 78 9.2 Indemnification 48 Section 9.2. Specific Performance 49 Section 9.3. Remedy of Indemnified Persons 79 9.3 Limitations on Indemnification 80 9.4 Escrow Claim Period 83 9.5 Claims for Deferred Purchase Price Payment 49 Section 9.4. Exclusive Remedy 49 ARTICLE 10. BIDDING PROCEDURES 49 Section 10.1. Bidding Procedures 49 Section 10.2. Sale Hearing and Entry of Bankruptcy Sale Order 50 ARTICLE 11. MISCELLANEOUS 51 Section 11.1. Allowed Administrative Expenses 51 Section 11.2. Alternative Transaction 51 Section 11.3. Further Assurances 51 Section 11.4. Successors and Assigns 51 Section 11.5. Governing Law; Jurisdiction 51 Section 11.6. Expenses 52 Section 11.7. Broker's and Finder's Fees 52 Section 11.8. Severability 52 Section 11.9. Notices 52 Section 11.10. Amendments; Waivers 53 Section 11.11. Public Announcements 53 Section 11.12. Entire Agreement 54 Section 11.13. No Third Party Beneficiaries 54 Section 11.14. Headings 54 Section 11.15. Counterparts 54 Section 11.16. Joint and Several 54 Section 11.17. Joint Drafting 54 Section 11.18. Construction 54 Section 11.19. Performance Deposit 54 ARTICLE 12. DEFINITIONS 55 Section 12.1. Certain Terms Defined 55 Section 12.2. All Terms Cross-Referenced 62 EXHIBITS Exhibit A Bankruptcy Sale Order Exhibit B Bidding Procedures and Sale Motion Exhibit C Bidding Procedures Order Exhibit D ISG Class B Common Stock Terms Exhibit E Reference Balance Sheet SCHEDULES Schedule 1.1(bIndemnification 84 TABLE OF CONTENTS (continued) - Real Property Schedule 1.1(d) - Acquired Contracts Schedule 1.1(f) - Inventory and Supply Locations Schedule 1.1(h) - Intellectual Property Schedule 1.1(j) - Information Technology Schedule 1.1(k) - Permits Schedule 1.1(m) - Subsidiaries Schedule 1.1(p) - Prepaid Deposits and Expenses Schedule 1.1(r) - Acquired Benefit Plans Schedule 1.2(a) - Excluded Assets Schedule 1.3(e) - Real and Personal Property Taxes Schedule 1.6(c) - Term Sheet Assumed Contracts Schedule 1.7 - Transition Services Assets Schedule 2.2(a) - Principal Payments Schedule 3.4(a) - Ancillary Assets Schedule 4.1(f) Subsidiaries Schedule 4.1(g) - Sellers' Consents Schedule 4.1(h) (i) - Compliance with Laws Schedule 4.1(h) (ii) - Financial Obligations Schedule 4.1(i) - Litiga tion Schedule 4.1(j)(ii) - Joint Venture Benefit Plans Schedule 4.1(k)(ii) - Excluded Joint Venture Assets Schedule 4.1(l) - Acquired Intellectual Property Information Schedule 4.1(o) - Material Contracts, Cure Costs and Prepaid Expenses and Deposits Schedule 4.1(p) - Environmental Matters Schedule 4.1(q) - Insurance Schedule 4.1(r) - Real Property Matters Schedule 4.1(s) - Accounts Receivable Schedule 4.1(t) - Inventories Schedule 4.1(u) - Absence of Certain Changes Schedule 4.1(v) - Absence of Undisclosed Liabilities Schedule 4.1(y) - Joint Venture Information Schedule 4.2(e) - Buyer's Consents Schedule 4.3(f) - ISG Subsidiaries Schedule 4.3(g) - ISG's Consents Schedule 4.3(h) - Compliance with Laws Schedule 4.3(i) - Litigation Schedule 4.3(k) - ISG Environmental Matters Schedule 4.3(l) - ISG Insurance Schedule 4.3(m) - Capital Stock of ISG Schedule 4.3(p) - ISG Undisclosed Liabilities Schedule 4.3(q) - ISG Tax Matters Schedule 5.1(a) - Exceptions to Sellers' Conduct of Business Schedule 5.2(a) - Conduct of Business of ISG Before the Closing Date EXECUTION COPY ASSET PURCHASE AGREEMENT THIS ASSET PURCHASE AGREEMENT (this "Agreement"), dated as of March 12, 2003 (the "Execution Date"), is made by and among Bethlehem Steel Corporation, a Delaware corporation ("Parent"), the other Sellers, ISG Acquisition Inc., a Delaware corporation ("Buyer"), and International Steel Group Inc., a Delaware corporation ("ISG"). Capitalized terms used in this Agreement are defined or cross-referenced in Article 12.Page

Covenants and Other Agreements. Section 6.01. COVENANTS OF THE CONTRIBUTOR 27 Section 6.02. COMMERCIALLY REASONABLE EFFORTS BY THE OPERATING PARTNERSHIP AND EACH CONTRIBUTOR 28 Section 6.03. TAX AGREEMENT 28 ARTICLE VII WAIVERS AND CONSENTS ARTICLE VIII GENERAL PROVISIONS Section 8.01. NOTICES 29 Section 5.18.02. PreDEFINITIONS 30 Section 8.03. COUNTERPARTS 32 Section 8.04. ENTIRE AGREEMENT; THIRD-PARTY BENEFICIARIES 33 Section 8.05. GOVERNING LAW 33 Section 8.06. ASSIGNMENT 33 Section 8.07. JURISDICTION 33 Section 8.08. SEVERABILITY 33 Section 8.09. RULES OF CONSTRUCTION 33 Section 8.10. EQUITABLE REMEDIES 34 Section 8.11. DESCRIPTIVE HEADINGS 34 Section 8.12. NO PERSONAL LIABILITY CONFERRED 34 Section 8.13. AMENDMENT; WAIVER 34 Section 8.14. SUPPLEMENT TO SCHEDULES 34 Defined Terms TERM SECTION A&R OP Agreement Section 1.02 Affiliate Section 8.02 Agreement Introduction Amberglen Introduction Amberglen Consideration Section 1.02 Assignment and Assumption Agreement Section 2.03 Business Day Section 8.02 CERCLA Section 8.02 Closing Section 2.02 Closing Date Section 2.02 Closing Date Net Working Capital Section 1.02 Code Section 8.02 Contribution Transactions Exhibit C Contributor Introduction Contributor Indemnified Party Section 5.01 Determination Materials Section 1.02 Environmental Laws Section 8.02 Environmental Permits Section 8.02 Existing Loan Document Section 4.18 Existing Loans Section 4.18 Xxxxxx Guarantee Section 2.01 Final Resolution Date Section 1.02 Financial Statements Section 4.19 Formation Transactions Recitals Formation Transaction Documents Section 8.02 Fund Material Adverse Effect Section 2.01 GAAP Section 8.02 Gibralt Introduction Gibralt Consideration Section 1.02 Governmental Authority Section 8.02 Guggenheim Financing Section 8.02 Hazardous Materials Section 8.02 Indemnified Party Article V Indemnifying Party Article V Independent Accounting Firm Section 1.02 Initial Property Assets Section 4.08 Initial Property Owner Recitals Initial Public Offering Recitals Law Section 8.02 Leases Section 4.04 Liens Section 8.02 Losses Article V Net Working Capital Section 1.02 Objection Notice Section 1.02 Offering Price Recitals OP Indemnified Party Section 5.01 OP Material Adverse Effect Section 8.02 OP Units Recitals Operating Partnership Introduction Order Section 8.02 Outside Date Section 2.06 Ownership Interests Recitals Party Introduction Permitted Lien Section 8.02 Person Section 8.02 Post-Closing Covenants of Sellers 29 Period Section 5.2. Pre-Closing Covenants of ISG and Buyer 32 1.02 Property Recitals Reimbursable Leases Section 5.3. Other Covenants of Sellers, ISG and Buyer 34 1.02 REIT Introduction REIT Common Stock Section 5.4. Employment Covenants and Other Undertakings 36 8.02 Release Section 5.5. Covenants Relating to Public Offering and the Financing 38 8.02 SCGP Section 5.6. Covenants Relating to Railroad Subsidiaries 39 2.01 Schedule Supplement Section 5.7. Consideration Shares 41 ARTICLE 6. TAXES 42 Sectio n 6.1. Taxes Related to Purchase of Acquired Assets 42 8.14 SCLP Section 6.2. Cooperation on 2.01 Securities Act Section 8.02 Solvent Section 4.09 Subsidiary Section 8.02 Tax Matters 42 Section 6.3. Purchase Price Allocation 43 ARTICLE 7. CONDITIONS PRECEDENT TO PERFORMANCE BY PARTIES 43 TABLE OF CONTENTS (Continued) Page 8.02 Tax Return Section 7.1. Conditions Precedent to Performance by Sellers 43 Section 7.2. Conditions Precedent to the Performance by ISG and Buyer 44 ARTICLE 8. TERMINATION 46 Section 8.1. Conditions of Termination 46 Section 8.2. Effect of Termination; Remedies 47 Section 8.3. Exclusive Remedy 48 ARTICLE 9. SURVIVAL AND INDEMNIFICATION 48 Section 9.1. Survival; Indemnification 48 Section 9.2. Specific Performance 49 Section 9.3. Remedy for Deferred Purchase Price Payment 49 Section 9.4. Exclusive Remedy 49 ARTICLE 10. BIDDING PROCEDURES 49 Section 10.1. Bidding Procedures 49 Section 10.2. Sale Hearing and Entry of Bankruptcy Sale Order 50 ARTICLE 11. MISCELLANEOUS 51 Section 11.1. Allowed Administrative Expenses 51 Section 11.2. Alternative Transaction 51 Section 11.3. Further Assurances 51 Section 11.4. Successors and Assigns 51 Section 11.5. Governing Law; Jurisdiction 51 Section 11.6. Expenses 52 Section 11.7. Broker's and Finder's Fees 52 Section 11.8. Severability 52 Section 11.9. Notices 52 Section 11.10. Amendments; Waivers 53 Section 11.11. Public Announcements 53 Section 11.12. Entire Agreement 54 Section 11.13. No 8.02 Third Party Beneficiaries 54 Claims Article V Total Consideration Section 11.14. Headings 54 Section 11.15. Counterparts 54 Section 11.16. Joint and Several 54 Section 11.17. Joint Drafting 54 Section 11.18. Construction 54 Section 11.19. Performance Deposit 54 ARTICLE 12. DEFINITIONS 55 Section 12.1. Certain Terms Defined 55 Section 12.2. All Terms Cross-Referenced 62 EXHIBITS Exhibit A Bankruptcy Sale Order Exhibit B Bidding Procedures and Sale Motion Exhibit C Bidding Procedures Order Exhibit D ISG Class B Common Stock Terms Exhibit E Reference Balance Sheet SCHEDULES Schedule 1.1(b) - Real Property Schedule 1.1(d) - Acquired Contracts Schedule 1.1(f) - Inventory and Supply Locations Schedule 1.1(h) - Intellectual Property Schedule 1.1(j) - Information Technology Schedule 1.1(k) - Permits Schedule 1.1(m) - Subsidiaries Schedule 1.1(p) - Prepaid Deposits and Expenses Schedule 1.1(r) - Acquired Benefit Plans Schedule 1.2(a) - Excluded Assets Schedule 1.3(e) - Real and Personal Property Taxes Schedule 1.6(c) - Term Sheet Assumed Contracts Schedule 1.7 - Transition Services Assets Schedule 2.2(a) - Principal Payments Schedule 3.4(a) - Ancillary Assets Schedule 4.1(f) Subsidiaries Schedule 4.1(g) - Sellers' Consents Schedule 4.1(h) (i) - Compliance with Laws Schedule 4.1(h) (ii) - Financial Obligations Schedule 4.1(i) - Litiga tion Schedule 4.1(j)(ii) - Joint Venture Benefit Plans Schedule 4.1(k)(ii) - Excluded Joint Venture Assets Schedule 4.1(l) - Acquired Intellectual Property Information Schedule 4.1(o) - Material Contracts, Cure Costs and Prepaid Expenses and Deposits Schedule 4.1(p) - Environmental Matters Schedule 4.1(q) - Insurance Schedule 4.1(r) - Real Property Matters Schedule 4.1(s) - Accounts Receivable Schedule 4.1(t) - Inventories Schedule 4.1(u) - Absence of Certain Changes Schedule 4.1(v) - Absence of Undisclosed Liabilities Schedule 4.1(y) - Joint Venture Information Schedule 4.2(e) - Buyer's Consents Schedule 4.3(f) - ISG Subsidiaries Schedule 4.3(g) - ISG's Consents Schedule 4.3(h) - Compliance with Laws Schedule 4.3(i) - Litigation Schedule 4.3(k) - ISG Environmental Matters Schedule 4.3(l) - ISG Insurance Schedule 4.3(m) - Capital Stock of ISG Schedule 4.3(p) - ISG Undisclosed Liabilities Schedule 4.3(q) - ISG Tax Matters Schedule 5.1(a) - Exceptions to Sellers' Conduct of Business Schedule 5.2(a) - Conduct of Business of ISG Before the Closing Date EXECUTION COPY ASSET PURCHASE 1.02 CONTRIBUTION AGREEMENT THIS ASSET PURCHASE CONTRIBUTION AGREEMENT is made and entered into as of [ ], 2014 (this "“Agreement"”), dated as of March 12, 2003 (the "Execution Date"), is made by and among Bethlehem Steel CorporationCity Office REIT Operating Partnership, L.P., a Delaware corporation Maryland limited partnership ("Parent"the “Operating Partnership”), the other SellersGibralt US, ISG Acquisition Inc., a Delaware Colorado corporation ("Buyer")“Gibralt”) and GCC Amberglen Investments Limited Partnership, an Oregon limited partnership (“Amberglen”) (each of Gibralt and International Steel Group Inc.Amberglen a “Contributor,” and collectively, a Delaware corporation ("ISG"the “Contributors”). Capitalized terms used in this Agreement are defined or cross-referenced in Article 12Each of the Contributors and the Operating Partnership is sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

Covenants and Other Agreements. 29 Section 5.1. 16 6.1 Pre-Closing Covenants of Sellers 29 Section 5.2. Seller 16 6.2 Pre-Closing Covenants of ISG and Buyer 32 Section 5.3. Other Covenants of Sellers, ISG and Buyer 34 Section 5.4. 17 6.3 Employment Covenants and Other Undertakings 36 Section 5.5. Covenants Relating to Public Offering and the Financing 38 Section 5.6. Covenants Relating to Railroad Subsidiaries 39 Section 5.7. Consideration Shares 41 18 6.4 Approvals 19 6.5 Release of Liens 20 6.6 Intellectual Property Registration 20 6.7 Advertising Customer Deposits 20 6.8 Post-Closing Access 20 ARTICLE 6. 7 TAXES 42 Sectio n 6.1. 21 7.1 Taxes Related to Purchase of Acquired Assets 42 Section 6.2. Cooperation on Tax Matters 42 Section 6.3. Purchase Price Allocation 43 21 7.2 Waiver of Bulk Sales Laws 22 ARTICLE 7. 8 BANKRUPTCY COURT MATTERS 22 8.1 Motions 22 8.2 Contracts 22 8.3 Buyer Protections 23 8.4 Consultation with Buyer 23 ARTICLE 9 CONDITIONS PRECEDENT TO PERFORMANCE BY THE PARTIES 43 TABLE OF CONTENTS (Continued) Page Section 7.1. 23 9.1 Conditions Precedent to Performance by Sellers 43 Section 7.2. Seller 23 9.2 Conditions Precedent to the Performance by ISG and Buyer 44 24 ARTICLE 8. 10 CLOSING AND DELIVERIES 24 10.1 Closing 24 10.2 Seller’s Deliveries 25 10.3 Buyer’s Deliveries 25 10.4 Possession 25 ARTICLE 11 TERMINATION 46 Section 8.1. Conditions 26 11.1 Termination 26 11.2 Effect of Termination 46 Section 8.2. Effect of Termination; Remedies 47 Section 8.3. Exclusive Remedy 48 27 11.3 Buyer Protections 27 ARTICLE 9. SURVIVAL AND INDEMNIFICATION 48 Section 9.1. Survival; Indemnification 48 Section 9.2. Specific Performance 49 Section 9.3. Remedy for Deferred Purchase Price Payment 49 Section 9.4. Exclusive Remedy 49 ARTICLE 10. BIDDING PROCEDURES 49 Section 10.1. Bidding Procedures 49 Section 10.2. Sale Hearing and Entry of Bankruptcy Sale Order 50 ARTICLE 11. 12 MISCELLANEOUS 51 Section 11.1. Allowed Administrative Expenses 51 Section 11.2. Alternative Transaction 51 Section 11.3. 28 12.1 Survival 28 12.2 Further Assurances 51 Section 11.4. 28 12.3 Successors and Assigns 51 Section 11.5. 29 12.4 Governing Law; Jurisdiction 51 Section 11.6. Expenses 52 Section 11.7. Broker's and Finder's Fees 52 Section 11.8. Severability 52 Section 11.9. Notices 52 Section 11.10. Amendments; Waivers 53 Section 11.11. Public Announcements 53 Section 11.12. Entire Agreement 54 Section 11.13. No Third Party Beneficiaries 54 Section 11.14. Headings 54 Section 11.15. Counterparts 54 Section 11.16. Joint and Several 54 Section 11.17. Joint Drafting 54 Section 11.18. Construction 54 Section 11.19. Performance Deposit 54 ARTICLE 12. DEFINITIONS 55 Section 12.1. Certain Terms Defined 55 Section 12.2. All Terms Cross-Referenced 62 EXHIBITS Exhibit A Bankruptcy Sale Order Exhibit B Bidding Procedures and Sale Motion Exhibit C Bidding Procedures Order Exhibit D ISG Class B Common Stock Terms Exhibit E Reference Balance Sheet SCHEDULES Schedule 1.1(b) - Real Property Schedule 1.1(d) - Acquired Contracts Schedule 1.1(f) - Inventory and Supply Locations Schedule 1.1(h) - Intellectual Property Schedule 1.1(j) - Information Technology Schedule 1.1(k) - Permits Schedule 1.1(m) - Subsidiaries Schedule 1.1(p) - Prepaid Deposits and Expenses Schedule 1.1(r) - Acquired Benefit Plans Schedule 1.2(a) - Excluded Assets Schedule 1.3(e) - Real and Personal Property Taxes Schedule 1.6(c) - Term Sheet Assumed Contracts Schedule 1.7 - Transition Services Assets Schedule 2.2(a) - Principal Payments Schedule 3.4(a) - Ancillary Assets Schedule 4.1(f) Subsidiaries Schedule 4.1(g) - Sellers' Consents Schedule 4.1(h) (i) - Compliance with Laws Schedule 4.1(h) (ii) - Financial Obligations Schedule 4.1(i) - Litiga tion Schedule 4.1(j)(ii) - Joint Venture Benefit Plans Schedule 4.1(k)(ii) - Excluded Joint Venture Assets Schedule 4.1(l) - Acquired Intellectual Property Information Schedule 4.1(o) - Material Contracts, Cure Costs and Prepaid Expenses and Deposits Schedule 4.1(p) - Environmental Matters Schedule 4.1(q) - Insurance Schedule 4.1(r) - Real Property Matters Schedule 4.1(s) - Accounts Receivable Schedule 4.1(t) - Inventories Schedule 4.1(u) - Absence of Certain Changes Schedule 4.1(v) - Absence of Undisclosed Liabilities Schedule 4.1(y) - Joint Venture Information Schedule 4.2(e) - Buyer's Consents Schedule 4.3(f) - ISG Subsidiaries Schedule 4.3(g) - ISG's Consents Schedule 4.3(h) - Compliance with Laws Schedule 4.3(i) - Litigation Schedule 4.3(k) - ISG Environmental Matters Schedule 4.3(l) - ISG Insurance Schedule 4.3(m) - Capital Stock of ISG Schedule 4.3(p) - ISG Undisclosed Liabilities Schedule 4.3(q) - ISG Tax Matters Schedule 5.1(a) - Exceptions to Sellers' Conduct of Business Schedule 5.2(a) - Conduct of Business of ISG Before the Closing Date EXECUTION COPY ASSET PURCHASE AGREEMENT THIS ASSET PURCHASE AGREEMENT (this "Agreement"), dated as of March 12, 2003 (the "Execution Date"), is made by and among Bethlehem Steel Corporation, a Delaware corporation ("Parent"), the other Sellers, ISG Acquisition Inc., a Delaware corporation ("Buyer"), and International Steel Group Inc., a Delaware corporation ("ISG"). Capitalized terms used in this Agreement are defined or cross-referenced in Article 12.29