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DOCUMENT TITLE:  ASSET PURCHASE AGREEMENT BY AND BETWEEN VOUGHT AIRCRAFT INDUSTRIES, INC. AND BCACSC, INC. Dated as of July 6, 2009 .
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Clause Heading
Section 2.1 - Purchase of Assets and Assumption of Certain Liabilities.
Section 2.2 - Purchased and Excluded Assets.
(b) - Excluded Assets.
Section 2.3 - Assumed and Excluded Liabilities.
(b) - Excluded Liabilities.
Section 3.1 - Closing.
Section 3.2 - Aggregate Consideration.
Section 3.3 - Estimated Aggregate Consideration Adjustment.
Section 3.4 - Aggregate Consideration Adjustment.
Section 3.5 - Allocation of Aggregate Consideration.
ARTICLE IV - REPRESENTATIONS AND WARRANTIES OF SELLER
Section 4.1 - Organization and Qualification.
Section 4.2 - Authorization; Enforceability.
Section 4.4 - Financial Information.
Section 4.3 - No Conflicts.
Section 4.5 - Absence of Certain Developments.
Section 4.6 - Absence of Undisclosed Liabilities.
Section 4.7 - Title; Sufficiency and Condition of Assets.
Section 4.8 - Inventory.
Section 4.9 - Real Property.
(b) - North Charleston Sublease.
(c) - Facilities.
(d) - GA Sublease.
(e) - Ground Lease.
Section 4.10 - Intellectual Property.
Section 4.11 - Contracts.
Section 4.12 - Litigation.
Section 4.13 - Permits; Compliance with Laws.
Section 4.14 - Environmental, Health and Safety Laws.
Section 4.15 - Tax Matters.
Section 4.16 - Employee Benefit Plans; Employment Matters.
Section 4.17 - Suppliers.
Section 4.18 - Insurance.
Section 4.19 - Certain Transactions.
Section 4.20 - Brokers Fees.
Section 4.21 - Security Clearance.
Section 4.22 - Site Development and Incentive Agreement; FILOT Agreement.
ARTICLE V - REPRESENTATIONS AND WARRANTIES OF BUYER
Section 5.1 - Organization and Qualification.
Section 5.2 - Authority; Enforceability.
Section 5.3 - No Conflicts.
Section 5.4 - Brokers Fees.
Section 5.5 - Litigation.
Section 6.1 - Appropriate Actions; Further Assurances.
Section 6.2 - Conduct of Business by Seller Until Closing.
Section 6.3 - Consents and Governmental Authorizations.
Section 6.4 - Access and Information.
Section 6.5 - Exclusivity.
Section 6.6 - Public Announcements.
Section 6.7 - Transaction Expenses.
Section 6.8 - Notices of Certain Matters.
Section 6.9 - Confidentiality.
Section 6.10 - Non-Solicitation.
Section 6.11 - Intracompany Work Orders.
Section 6.12 - Purchased Intellectual Property.
Section 6.13 - Insurance.
Section 6.14 - Litigation Support.
Section 6.15 - Transfer of Governmental Authorizations.
Section 6.17 - Delivery of Financial Information.
Section 6.18 - Cash Management.
Section 6.19 - Title Insurance.
Section 6.20 - Letters of Credit; Surety Bond.
Section 6.21 - Lender Waiver.
Section 7.1 - Liability for Taxes.
Section 7.2 - Tax Return Filing.
Section 7.3 - Tax Contests; Audit Responsibilities.
(a) - Each of Seller and Buyer shall:
Section 7.5 - Transfer Taxes.
Section 8.1 - Employment.
Section 8.2 - Non-Union Employees.
Section 8.3 - Union Employees.
Section 8.4 - Workers Compensation Claims.
Section 8.5 - WARN Act Notification.
(a) - COBRA.
Section 8.7 - No Right to Employment.
Section 8.8 - Code Section 409A.
Section 9.1 - Conditions to Obligations of Buyer.
(a) - Seller Representations and Warranties.
(b) - Agreements and Covenants.
(c) - No Material Adverse Effect.
(d) - Consents.
(f) - No Order.
(e) - Deliveries.
(g) - No Legal Proceeding.
Section 9.2 - Conditions to Obligations of Seller.
(a) - Buyer Representations and Warranties.
(c) - Deliveries.
(d) - No Order.
(e) - Waiver Under Seller Senior Credit Facility.
(f) - No Legal Proceeding.
Section 10.1 - Termination.
Section 10.2 - Effect of Termination.
Section 11.1 - Survival.
Section 11.2 - Indemnification by Seller.
Section 11.3 - Indemnification by Buyer.
Section 11.4 - Third Party Claims.
(a) - Losses Net of Insurance Proceeds and Other Third-Party Recoveries.
(b) - Tax Benefits.
(c) - Consequential; Punitive and Other Special Damages.
Section 11.6 - Treatment of Indemnification Payments.
Section 11.7 - Exclusive Remedy.
Section 12.1 - Notices.
Section 12.2 - Severability; Specific Enforcement.
Section 12.3 - Amendments.
Section 12.4 - Assignment; Beneficiaries.
Section 12.5 - Counterparts; Facsimiles.
Section 12.6 - Descriptive Headings.
Section 12.7 - Governing Law; Forum Selection.
Section 12.8 - WAIVER OF JURY TRIAL.
Section 12.9 - Entire Agreement.
Section 12.10 - Waivers.
Section 12.11 - NO ADDITIONAL REPRESENTATION OR WARRANTIES.
Section 12.12 - Disclosure Schedules.
Section 12.13 - No Recourse.