Termination Notice for Amended and Restated Asset Purchase Agreement between Oakmont Acquisition Corporation and One Source Equipment Rentals, LLC

Summary

Oakmont Acquisition Corporation has formally notified One Source Equipment Rentals, LLC that it is exercising its right to terminate their Amended and Restated Asset Purchase Agreement, as allowed under Section 14 of that agreement. This notice, dated January 17, 2007, ends the planned acquisition of One Source Equipment Rentals, LLC by Oakmont. The letter is addressed to William Irvine of One Source and is also copied to several other parties involved.

EX-2.1 2 dex21.htm TERMINATION NOTICE DATED JANUARY 17, 2007 Termination Notice dated January 17, 2007

Exhibit 2.1

January 17, 2007

via facsimile

Mr. William Irvine

One Source Equipment Rentals, LLC

7911 Brookbank Road

Willowbrook, IL 60527

 

  Re: Acquisition of One Source Equipment Rentals, LLC

Dear Mr. Irvine:

This letter will serve to inform you that pursuant to the provisions of Section 14 of the Amended and Restated Asset Purchase Agreement by and between Oakmont Acquisition Corporation and One Source Equipment Rental, LLC, et al. we are exercising our right to terminate the Agreement.

Very truly yours,

/s/ Michael C. Azar

Michael C. Azar

 

Xc: Robert J. Skandalaris
     Andrew M. Rooke
     Thomas M. Hartman, Esq.
     John Pembrooke, Esq.