Document ypnJkyvBypjaZG2mZ3zZJ9np3

ASSUMPTION OF LIABILITIES This Assumption of Liabilities is dated December 31, 1973 from Tyler Pipe Industries, Inc., a Delaware corporation (hereinafter some- limes called the Purchaser), to Tyler Pipe Industries, Inc., a Texas corporation (hereinafter sometimes called the Seller). In consideration of the premises and benefits to Purchaser stated in the Bill of Sale and Assignment of even date hereof between Pur chaser and S; Her, Purchaser does hereby assume and agree to perform or pay all of the debts, liabilities, obligations an ' contracts of Seller as of the close of business on the date hereof relating to or arising front the operations of Seller's Marketing and Distribution divisions described Li Exhibit "A" attached hereto. j IN WITNESS WHEREOF, the parties hereto have caused this -ijscump- hen of Liabilities to be signed in their respective corporace names by 'heir respective Presidents and their respective corporate seals to be hereunto affixed and attested by their respective Secretaries, or one of '-heir respective Assistant Secretaries, the day and year first above written. [Seel] Attest: TYLER PIPE INDUSTRIES, INC. (a Delaware corporation) i L/ By_ President ^'-creur Attest: ^crTTr::: TYLER PIPE INDUSTRIES . L\C (a Texas corporation) i /. y By. Prc.-: idem CONFIDENTIAL T-55212 EXHIBIT A