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of this Agreement and Seller further agrees to indemnify and hold harmless DJJ <br />from any and all such obligations. <br />2. DJJ hereby assumes all of the obligations of DMC under the <br />Assigned ConVacts which, pursuant to the terms and provisions of said Assigned <br />Contracts, are to be performed on and after the effective time of this Agreement; <br />and DJJ further agrees to indemnify and hold harmless Seller and DMC from any <br />and all such obligations. <br />3. The effective time of this Agreement shall be the close of <br />business on the date hereof. <br />4. This Agreement shall be binding upon and shall opE:rate to the <br />benefit of the parties hereto and their respective successors and assigns. <br />IN WITNESS WHEREOF, the parties hereto, by their duly authorized <br />officers, have executed this Agreement as of the date first written above. <br />.THE DAVID J. JOSEPH COMPANY <br />B~: <br />REORGANIZED CF81 STEEL <br />CORPORATION <br />By: <br />Its: L P ,Q~L ~.Lt.c <br />~:,anu <br />2 <br />