Drilling Tubular Tools Business in Texas

Sale of substantially all assets of Rotary Drilling Tools USA, LLC, describe as below:

• Equipment: All machinery, equipment, leasehold Improvements, furniture, furnishings, fixtures, office equipment, computer equipment and peripherals, telephone equipment, molds, tools, spare parts, fixed assets, supplies, maintenance equipment and supplies, materials and other items of personal property of every kind
• Vehicles: All trucks, trailers, automobiles and other vehicles used in the Business.
• Inventory: All raw materials, inventory, components and other parts, work-in-process, finished goods, all packaging materials and labels, stores and supplies used in the sale of finished goods and/or products and all other inventory whether on hand, on order, in transit or held by others on a consignment basis
• Information and Records: Any and all of each Seller’s Books and Records that relate to the Acquired Assets
• Intellectual Property: The name “Rotary Drilling Tools”, “RDT” and any derivations thereof, and any logos relating to such names, and all other Intellectual Property Rights used by any Seller in the Business and all copies and tangible embodiments of any or all of the foregoing
• Other Intangibles: All goodwill and other intangible assets associated with the Business, including all customer relationships and goodwill of the Business, and all information and documents related thereto;
• Systems: All management information systems, including all hardware, software, databases, compilations, tool sets, compilers, higher level or proprietary languages, and all related documentation and materials, whether in source code, object code or human readable form, and all customer lists, vendor lists, pricing and cost information, catalogs, research material, research and development, technical information, trade secrets, technology, know-how, formulas, compositions, specifications, designs, drawings and, manufacturing and production techniques, technology, processes and quality control data, if any
• Contracts: All rights of each Seller under the Assigned Contracts, including all claims or causes of action with respect to the Assigned Contracts;
• Real Estate and Improvements Thereon: All of Seller’s right, title and interest in and to (i) the Owned Real Property, (ii) the Leased Real Property other than the Excluded Leased Real Property and (iii) all Improvements on the Owned Real Property and Leased Real Property

Sale Assets are fully describe on attached PDF