ASSET PURCHASE AGREEMENT by and among 7-ELEVEN, INC., THE SPEEDWAY SUBSIDIARY SELLERS, CAPL JKM PARTNERS LLC, JOE’S KWIK MARTS LLC, CAPL JKM REALTY HOLDINGS LLC, and CAPL JKM WHOLESALE LLC Dated as of April 28, 2021Asset Purchase Agreement • May 11th, 2021 • CrossAmerica Partners LP • Wholesale-petroleum & petroleum products (no bulk stations) • Delaware
THIS ASSET PURCHASE AGREEMENT (this “Agreement”) is entered into as of April 28, 2021 (the “Signing Date”), by and among 7-Eleven, Inc., a Texas corporation (“7-Eleven”), the entities who will become party to this Agreement upon executing and delivering a joinder pursuant to the terms of Section 3.9 (the “Speedway Subsidiary Sellers,” and, together with 7-Eleven, collectively, the “Seller Parties”), and each of CAPL JKM Partners LLC, a Delaware limited liability company, Joe’s Kwik Marts LLC, a Delaware limited liability company, CAPL JKM Realty Holdings LLC, a Delaware limited liability company, and CAPL JKM Wholesale LLC, a Delaware limited liability company (collectively, “Buyer”), each of which is an indirect subsidiary of CrossAmerica Partners LP, a Delaware limited partnership (“Buyer Parent”).
