ASSET PURCHASE AGREEMENTAsset Purchase Agreement • February 25th, 2021 • JanOne Inc. • Retail-home furniture, furnishings & equipment stores • Delaware
This Asset Purchase Agreement (this “Agreement”) dated as of February 19, 2021, is entered into among ARCA Recycling, Inc., a California corporation (“ARCA”), Customer Connexx LLC, a Nevada limited liability company (“Connexx”), JanOne Inc., a Nevada corporation (“Parent”), and ARCA Affiliated Holdings Corporation, a Delaware corporation (“Affiliated”), ARCA Services Inc., a Delaware corporation (“ARCA Services”), and Connexx Services Inc, a Delaware corporation (“Connexx Services”). Affiliated, ARCA Services and Connexx Services are collectively referred to as the “Buyers” and are each individually referred to as a “Buyer”. ARCA and Connexx are collectively referred to as “Sellers” and are each individually referred to as a “Seller” and, along with the Parent and Buyers may be collectively referred to as the “Parties” and each individually as a “Party”.
