Key Assets

Bulk Sale Offering of Hoku Materials, Inc.

Consisting of all physical assets and improvements at One Hoku Way, Pocatello, Idaho, subject to certain limited exclusions, as more fully described in the Hoku Notice of Sale linked above.  Purchaser must remove and dismantle all assets from One Hoku Way, Pocatello, Idaho, before January 20, 2014, unless the Court approves an assumption and assignment from the bankruptcy estate of an unexpired real property lease for the site between Hoku Materials, Inc., and the City of Pocatello, or the purchaser and the City come to an alternate agreement, subject to the Trustee’s consent, allowing continued access to the site past January 20.  Purchaser understands that winning the Bulk Sale is not contingent upon the City granting tenancy of any sort, and that the seller cannot guarantee access to the site past January 28, 2014.

A 10% Buyer’s Premium shall apply to the Bulk Sale.

Subject to U.S. Bankruptcy Court Approval Case # 13-20837-JDP.