ARTICLE I DEFINITIONS AND ACCOUNTING TERMSCredit Agreement • April 12th, 1999 • Industrial Rubber Products Inc • Fabricated rubber products, nec • Minnesota
EXHIBIT 10(10) NON-COMPETITION AGREEMENT This NON-COMPETITION AGREEMENT made and entered into as of March 31, 1999 by and between Illinois Tool Works Inc., a Delaware corporation ("ITW"), and Industrial Rubber Products, Inc., a Minnesota corporation...Non-Competition Agreement • April 12th, 1999 • Industrial Rubber Products Inc • Fabricated rubber products, nec
This NON-COMPETITION AGREEMENT made and entered into as of March 31, 1999 by and between Illinois Tool Works Inc., a Delaware corporation ("ITW"), and Industrial Rubber Products, Inc., a Minnesota corporation (hereinafter referred to as "IRP"). W I T N E S E T H: WHEREAS, ITW, pursuant to a Purchase Agreement dated March 25, 1999 (the "Purchase Agreement"), has agreed to sell to IRP substantially all the assets of its Irathane Systems Division, (the "Division"). WHEREAS, in order for each party hereto to induce the other to enter into the Purchase Agreement and to consummate the transac-
RECITALS 1. ITW and IRP have entered into a Purchase Agreement dated March 25, 1999 (the "Purchase Agreement") pursuant to which IRP has purchased from ITW substantially all of the assets of ITW Irathane Systems ("Irathane"), a division of ITW.Secrecy and Supply Agreement • April 12th, 1999 • Industrial Rubber Products Inc • Fabricated rubber products, nec • Illinois
