SECURITIES AND EXCHANGE COMMISSIONd18rn0p25nwr6d.cloudfront.net/CIK-0000931015 /86f412c1-bea5-48… · SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ... , pursuant to

UNITEDSTATESSECURITIESANDEXCHANGECOMMISSION

Washington,D.C.20549

FORM8-KCURRENTREPORT

PursuanttoSection13or15(d)oftheSecuritiesExchangeActof1934

DateofReport(Dateofearliesteventreported):October12,2016

POLARISINDUSTRIESINC.(ExactnameofRegistrantasspecifiedinitscharter)

Minnesota 1-11411 41-1790959(StateorOtherJurisdictionof

Incorporation)(CommissionFileNumber) (I.R.S.Employer

IdentificationNo.)

2100Highway55Medina,Minnesota55340

(Addressofprincipalexecutiveoffices)(ZipCode)

(763)542-0500(Registrant’stelephonenumber,includingareacode)

ChecktheappropriateboxbelowiftheForm8-Kfilingisintendedtosimultaneouslysatisfythefilingobligationoftheregistrantunderanyofthefollowingprovisions:☐WrittencommunicationspursuanttoRule425undertheSecuritiesAct(17CFR230.425)☐SolicitingmaterialpursuanttoRule14a-12undertheExchangeAct(17CFR240.14a-12)☐Pre-commencementcommunicationspursuanttoRule14d-2(b)undertheExchangeAct(17CFR240.14d-2(b))☐Pre-commencementcommunicationspursuanttoRule13e-4(c)undertheExchangeAct(17CFR240.13e-4(c))

Item1.01 EntryintoaMaterialDefinitiveAgreement.

OnOctober11,2016,PolarisIndustriesInc.,aDelawarecorporation(the“Purchaser”)andwhollyownedsubsidiaryofPolarisIndustriesInc.,aMinnesotacorporation(the“Company”),enteredintoaPurchaseAgreement(the“PurchaseAgreement”)withTAPAutomotiveHoldings,LLC(“TransamericanAutoParts”),themembersofTransamericanAutoPartssetforthinanannextothePurchaseAgreement(the“Sellers”),andORIXFundsCorp.,solelyinitscapacityasthesellers’representative(the“Sellers’Representative”),pursuanttowhichthePurchaserhasagreedtoacquireTransamericanAutoParts(the“Acquisition”).

TheAcquisitionwillbestructuredasapurchasebythePurchaseroftheoutstandingequityinterestsinTransamericanAutoPartsfromtheSellersforaggregateconsiderationof$665million,subjecttoacustomaryadjustmentbasedon,amongotherthings,theamountofcash,debtandworkingcapitalinthebusinessofTransamericanAutoPartsattheclosingdate.

ThecompletionoftheAcquisitionissubjecttoreceiptofregulatoryapprovalandothercustomaryclosingconditions.ThePurchaseAgreementmaybeterminatedundercertaincirc*mstances,includingbythePurchaserortheSellers’RepresentativeiftheacquisitionhasnotbeencompletedbyMay5,2017.TheCompanycurrentlyanticipatesthattheacquisitionwillbecompletedbytheendof2016.TheCompanyexpectstofundthepurchasepricefortheAcquisitionwithborrowingsunderitsexistingcreditfacilities.

TheCompanyhasobtainedacommitmentfor“representationandwarranty”insurancewhichwillprovidecoverageforbreachesofrepresentationsandwarrantiesoftheCompanycontainedinthePurchaseAgreement,subjecttodeductibles,exclusions,policylimitsandcertainothertermsandconditions.

TheforegoingdescriptionofthePurchaseAgreementandtheAcquisitiondoesnotpurporttobecompleteandissubjectto,andqualifiedinitsentiretybyreferenceto,thefulltextofthePurchaseAgreementwhichisfiledasExhibit2.1tothisCurrentReportonForm8-K.

ThePurchaseAgreementandtheabovedescriptionhavebeenincludedtoprovideinvestorswithinformationregardingthetermsoftheAcquisition.TheyarenotintendedtoprovideanyotherfactualinformationabouttheCompanyoranypartiestothePurchaseAgreementortheirrespectiveaffiliatesorequityholders.Therepresentations,warrantiesandcovenantscontainedinthePurchaseAgreementweremadeonlyforthepurposeofthePurchaseAgreementandasofspecificdates,weresolelyforthebenefitofthepartiesthereto,mayhavebeenusedforpurposesofallocatingriskbetweeneachpartyratherthanestablishingmattersoffact,maybesubjecttoacontractualstandardofmaterialitydifferentfromthatgenerallyapplicabletoinvestorsandmaybesubjecttoqualificationsorlimitationsagreeduponbythepartiesinconnectionwiththenegotiatedtermsoftheAcquisition,includingbeingqualifiedbyschedulesandotherdisclosuresmadebyeachparty.Accordingly,investorsshouldnotrelyontherepresentations,warrantiesandcovenantsinthePurchaseAgreementasstatementsoffactualinformation.

ThisCurrentReportonForm8-Kcontainsforward-lookingstatements.Statementsthatarenothistoricalorcurrentfacts,includingstatementsaboutbeliefsandexpectations,areforward-lookingstatements.Theseforward-lookingstatementscover,amongotherthings,thetimingforclosingoftheAcquisition,theexpectedsourcesoffundstobeusedforthepurchasepricetobepaidintheAcquisition,andthenatureofclosingconditions.Forward-lookingstatementsinvolveinherentrisksanduncertainties,andimportantfactorscouldcauseactualresultstodiffermateriallyfromthoseanticipated,includingthefollowing:(1)theAcquisitionmaynotbecompleted,orcompletedwithintheexpectedtimeframe;(2)costsrelatingtotheAcquisition(includinginrespectofthefinancingoftheAcquisition)maybegreaterthanexpected;(3)agovernmentalentitymayprohibit,delayorrefusetograntanecessaryregulatoryapprovalinconnectionwiththeAcquisition;(4)otherclosingconditionsmaynotbemetonatimelybasisoratallwhichmaydelayorpreventtheAcquisitionorrequireawaiverofsuchconditions;and(4)otherfactorsidentifiedunder“RiskFactors”inPartI,Item1AoftheCompany’sAnnualReportonForm10-KforthefiscalyearendedDecember31,2015,andupdatedintheCompany’ssubsequentreportsfiledwiththeSecuritiesandExchangeCommission.Forward-lookingstatementsspeakonlyasofthedatetheyaremade,andtheCompanyundertakesnoobligationtoupdatetheminlightofnewinformationorfutureevents.

Item7.01 RegulationFDDisclosure.

TheCompanyissuedapressreleaseonOctober12,2016,announcingexecutionofthePurchaseAgreement.TheCompanyalsopreparedaninvestorpresentationregardingtheAcquisition,datedOctober12,2016.AcopyofthepressreleaseisattachedtothisCurrentReportonForm8-KasExhibit99.1andacopyoftheinvestorpresentationisattachedtothisCurrentReportonForm8-KasExhibit99.2.

TheinformationinthisItem7.01andinExhibits99.1and99.2isfurnishedandshallnotbedeemedtobe“filed”forpurposesofSection18oftheSecuritiesExchangeActof1934,asamended(the“ExchangeAct”),orotherwisesubjecttotheliabilitiesofthatsection,andsuchinformationshallnotbedeemedtobeincorporatedbyreferenceintoanyoftheCompany’sfilingsundertheSecuritiesActof1933,asamended,ortheExchangeAct.Item9.01 FinancialStatementsandExhibits.(d)ExhibitsExhibitNo. Exhibit 2.1 PurchaseAgreement,datedasofOctober11,2016,byandamongTAPAutomotiveHoldings,LLC,themembersofTAPAutomotiveHoldings,LLCsetforthinanannextothePurchase

Agreement,PolarisIndustriesInc.,aDelawarecorporation,andORIXFundsCorp.,solelyinitscapacityasthesellers’representative(excluding schedules and exhibits, which the Companyagrees to furnish supplementally to the Securities and Exchange Commission upon request )

99.1 Pressrelease,datedOctober12,2016 99.2 Investorpresentation,datedOctober12,2016

SIGNATURE

PursuanttotherequirementsoftheSecuritiesExchangeActof1934,theregistranthasdulycausedthisreporttobesignedonitsbehalfbytheundersignedhereuntodulyauthorized.Date:October12,2016 POLARISINDUSTRIESINC. /s/ Michael T. Speetzen MichaelT.Speetzen ExecutiveVicePresident–Financeand ChiefFinancialOfficer

EXHIBITINDEX

Number Description MethodofFiling2.1

PurchaseAgreement,datedasofOctober11,2016,byandamongTAPAutomotiveHoldings,LLC,themembersofTAPAutomotiveHoldings,LLCsetforthinanannextothePurchaseAgreement,PolarisIndustriesInc.,aDelawarecorporation,andORIXFundsCorp.,solelyinitscapacityasthesellers’representative(excluding schedules andexhibits, which the Company agrees to furnish supplementally to the Securities and Exchange Commission upon request )

FiledElectronically

99.1 Pressrelease,datedOctober12,2016 FurnishedElectronically 99.2 Investorpresentation,datedOctober12,2016 FurnishedElectronically

Exhibit2.1

EXECUTION

PURCHASEAGREEMENT

datedasofOctober11,2016

among

TAPAUTOMOTIVEHOLDINGS,LLC,

THEMEMBERSOFTAPAUTOMOTIVEHOLDINGS,LLC,

POLARISINDUSTRIESINC.

and

ORIXFUNDSCORP.

(SOLELYINITSCAPACITYASTHESELLERS’REPRESENTATIVE)

TABLEOFCONTENTS Page ARTICLEI DEFINITIONS Section1.01. CertainDefinedTerms 1 ARTICLEII PURCHASEANDSALEOFTHEUNITS Section2.01. PurchaseandSaleoftheUnits 15Section2.02. Closing 16Section2.03. Payments 16Section2.04. Pre-ClosingConsiderationAdjustment 17Section2.05. Post-ClosingConsiderationAdjustment 18Section2.06. Withholding 22Section2.07. TransferTaxes 23Section2.08. PurchasePriceAllocation 23Section2.09. ClosingDeliveries 23Section2.10. Sellers'Representative 26Section2.11. PaymentsandComputations 28 ARTICLEIII REPRESENTATIONSANDWARRANTIESOFTHESELLERS Section3.01. Organization,DueAuthorizationandEnforceability 28Section3.02. ConsentsandApprovals 29Section3.03. NoConflict 29Section3.04. TitletoUnits 30Section3.05. NoOtherRepresentationsorWarranties 30 ARTICLEIV REPRESENTATIONSANDWARRANTIESOFTHECOMPANY Section4.01. Organization,Qualification,DueAuthorizationandEnforceability 30Section4.02. CapitalStructure;TransferredSubsidiaries 31Section4.03. ConsentsandApprovals 32Section4.04. NoConflict 32Section4.05. FinancialInformation;AbsenceofUndisclosedLiabilities;AccountsReceivable;Inventory 33Section4.06. AbsenceofCertainChanges 34

Page Section4.07. AbsenceofLitigation 34Section4.08. CompliancewithLaws 34Section4.09. GovernmentalPermits 34Section4.10. IntellectualProperty 34Section4.11. MaterialContracts 35Section4.12. EmployeeBenefits;Labor 36Section4.13. Insurance 39Section4.14. RealProperty 39Section4.15. Taxes 41Section4.16. InvestmentCompany 42Section4.17. RegulatoryFilings 42Section4.18. AffiliateAgreements 42Section4.19. Assets 42Section4.20. ProductWarranties 43Section4.21. ProductsLiability 43Section4.22. SuppliersandCustomers 43Section4.23. ImportsandExports 44Section4.24. AbsenceofCertainBusinessPractices 44Section4.25. EnvironmentalMatters 45Section4.26. Brokers 46Section4.27. NoOtherRepresentationsorWarranties 46 ARTICLEV REPRESENTATIONSANDWARRANTIESOFTHEACQUIROR Section5.01. IncorporationandAuthorityoftheAcquiror 46Section5.02. ConsentsandApprovals 47Section5.03. NoConflict 47Section5.04. AbsenceofLitigation 48Section5.05. SecuritiesMatters 48Section5.06. FinancialAbility 48Section5.07. Investigation 48Section5.08. NoAcquirorMaterialAdverseEffect 49Section5.09. Brokers 49Section5.10. NoOtherRepresentationsorWarranties 49 ARTICLEVI ADDITIONALAGREEMENTS Section6.01. ConductofBusinessPriortotheClosing 49Section6.02. AccesstoInformation 52Section6.03. BooksandRecords 54Section6.04. Confidentiality 54Section6.05. RegulatoryandOtherAuthorizations;ReasonableBestEfforts 55Section6.06. AffiliateObligationsandArrangements 57

Page Section6.07. FurtherAction 57Section6.08. TaxMatters 58Section6.09. BonusAmounts 60Section6.10. Non-Compete,Non-SolicitandRelatedCovenants 60Section6.11. NoShop 62Section6.12. Notices 63Section6.13. FinancialInformationCooperation 63Section6.14. RepresentationandWarrantyInsurancePolicy 63Section6.15. RealPropertyMatters 63 ARTICLEVII EMPLOYEEMATTERS Section7.01. EmployeeMatters 64 ARTICLEVIII CONDITIONSTOCLOSING

Section8.01. ConditionstoObligationsofEachParty 66Section8.02. ConditionstoObligationsoftheSellersandtheCompany 66Section8.03. ConditionstoObligationsoftheAcquiror 67 ARTICLEIX TERMINATION Section9.01. Termination 68Section9.02. NoticeofTermination 68Section9.03. EffectofTermination 68 ARTICLEX SURVIVAL;INDEMNIFICATION Section10.01. Survival 69Section10.02. IndemnificationbySellers 69Section10.03. IndemnificationbytheAcquiror 70Section10.04. ExclusiveRemedyandReduction 71Section10.05. LimitationsonIndemnificationofAcquirorIndemnifiedParties 72Section10.06. LimitationsonIndemnificationofSellerIndemnifiedParties 73Section10.07. Procedures 73Section10.08. Mitigation 77Section10.09. MannerofPayment;Escrow 77Section10.10. NoRighttoContribution 78Section10.11. AdjustmenttoConsideration 78

iii

Page ARTICLEXI GENERALPROVISIONS Section11.01. Expenses 78Section11.02. Notices 78Section11.03. PublicAnnouncements 80Section11.04. Severability 80Section11.05. EntireAgreement 80Section11.06. Assignment 81Section11.07. NoThirdPartyBeneficiaries 81Section11.08. Amendment;Waiver 81Section11.09. DisclosureSchedules 81Section11.10. GoverningLaw;SubmissiontoJurisdiction;WaiverofJuryTrial 81Section11.11. RulesofConstruction 83Section11.12. SpecificPerformance 83Section11.13. Counterparts 83

EXHIBITS,SCHEDULES,ANDANNEXES

ANNEXES AnnexI - SellersAnnexII - TransferredSubsidiariesEXHIBITS ExhibitA FormofEscrowAgreementExhibitB FormofSellerExpensesEscrowAgreementExhibitC SeriesAPreferredInterestPurchaseAgreementExhibitD RepresentationandWarrantyInsurancePolicyExhibitE NetWorkingCapitalMethodologyExhibitF FormofOwnedRealPropertyAffidavitExhibitG FormofNon-ImputationAffidavitExhibitH ConsentsSELLERSDISCLOSURESCHEDULE Section1.01 KnowledgeofsuchSellersSection3.01 Organization,DueAuthorizationandEnforceabilitySection3.02 ConsentsandApprovalsSection3.03 NoConflictSection3.04 TitletoUnitsCOMPANYDISCLOSURESCHEDULE Section1.01 KnowledgeoftheCompanySection2.03(a) Payments;PayoffLettersSection2.09(c)(i) WrittenresignationsofeachdirectorofcertainTransferredSubsidiariesSection4.01(a) OrganizationSection4.02(a) CapitalStructure;TransferredSubsidiariesSection4.04 NoConflictSection4.05 FinancialInformation;AbsenceofUndisclosedLiabilitiesSection4.10(a) IntellectualPropertySection4.10(f) LicensesSection4.11 MaterialContractsSection4.12(a) BenefitPlansSection4.12(g) EmployeesSection4.12(p) QualifiedBeneficiariesSection4.13 InsuranceSection4.14(a) OwnedRealPropertySection4.14(b) LeasedRealPropertySection4.18 AffiliateAgreementsSection4.20 ProductWarrantiesSection4.22 CustomersandSuppliersSection6.01(i) ConductofBusinessPriortotheClosingSection6.06 AffiliateObligationsandArrangementsSection7.01 EmployeeMatters

PURCHASEAGREEMENT

ThisPURCHASEAGREEMENT,datedasofOctober11,2016,isenteredintobyandamongTAPAutomotiveHoldings,LLC,aDelawarelimitedliabilitycompany(the“Company”),themembersoftheCompany(otherthantheSeriesAPreferredMembers)setforthonAnnexIhereto(each,a“Seller”andcollectively,the“Sellers”),PolarisIndustriesInc.,aDelawarecorporation(the“Acquiror”),andORIXFundsCorp.,solelyinitscapacityastheSellers’Representative(asdefinedinSection2.10(a)).

WITNESSETH:

WHEREAS,theSellersandtheSeriesAPreferredMembersownalloftheissuedandoutstandingInterestsintheCompanyasofthedatehereof(assetforthonAnnexI);

WHEREAS,theSellersownalloftheissuedandoutstandingUnitsasofthedatehereof(assetforthonAnnexI);

WHEREAS,theSellersdesiretoselltotheAcquiror,andtheAcquirordesirestopurchasefromtheSellers,alloftheUnitsuponthetermsandsubjecttotheconditionssetforthherein;and

NOW,THEREFORE,inconsiderationofthepremisesandthemutualrepresentations, warranties, covenantsandundertakingscontainedherein,andforothergoodandvaluableconsideration,thereceiptandsufficiencyof

whichareherebyacknowledged,thepartieshereto,intendingtobelegallybound,agreeasfollows:

ARTICLEI

DEFINITIONS

Section1.01.CertainDefinedTerms.AsusedinthisAgreement,thefollowingtermshavethemeaningssetforthbelow.

“AccountingFirm”meansDeloitte&Toucheor,ifsuchfirmisunableorunwillingtoact,suchothernationallyrecognizedindependentpublicaccountingfirmasshallbeagreeduponbytheAcquirorandtheSellers’Representativeinwriting.

“Acquiror”hasthemeaningsetforthinthePreamble.

“Acquiror401(k)Plan”hasthemeaningsetforthinSection7.01(d).

“AcquirorClosingDateTransaction”meansanytransactionengagedinbytheCompanyoranyoftheTransferredSubsidiariesontheClosingDate,whichoccursaftertheClosingoratthedirectionoftheAcquiror,includingany

transactionengagedinbytheCompanyoranyoftheTransferredSubsidiariesinconnectionwiththefinancingofanyobligationsoftheAcquirorortheCompanyoranyoftheTransferredSubsidiariestomakeapaymentunderthisAgreement.

“AcquirorIndemnifiedParties”hasthemeaningsetforthinSection10.02.

“AcquirorMaterialAdverseEffect”meansamaterialimpairmentordelayoftheabilityoftheAcquirortoperformitsmaterialobligationsunderthisAgreementortoconsummatethetransactionscontemplatedbythisAgreement.

“AcquirorSpecifiedRepresentations”meanstherepresentationsandwarrantiesmadeinSection5.01,Section5.05,Section5.07andSection5.09.

“Action”meansanyclaim,action,suit,arbitration,audit,examination,subpoena,demand,investigationorproceedingbyorbeforeanyGovernmentalAuthorityorarbitralbody.

“AdjustmentEscrowAccount”hasthemeaningsetforthinSection2.03(c)(iii).

“AdjustmentEscrowAmount”means$4,000,000.

“Affiliate”means,withrespecttoanyspecifiedPerson,anyotherPersonthat,directlyorindirectly,Controls,isControlledbyorisundercommonControlwithsuchspecifiedPersonasofthedateonwhich,oratanytimeduringthe

periodforwhich,thedeterminationofaffiliationisbeingmade.Withrespecttoanynaturalperson,“Affiliate”alsoincludessuchperson’simmediatefamilymembers.

“AffiliateAgreements” means contracts, agreements, notes, leases, licenses and other instruments between the Companyor any Transferred Subsidiary, on the one hand, and a Seller or an Affiliate of any Seller (other than theCompanyandtheTransferredSubsidiaries),ontheotherhand.

“Agreement”meansthisPurchaseAgreement,includingtheExhibitsandAnnexeshereto,theSellersDisclosureScheduleandtheCompanyDisclosureSchedule,asthesamemaybeamendedorsupplementedfromtimetotimein

accordancewiththetermshereof.

“BAICJV”meansBAICTAPoff-RoadVehicleTechnologyCo.,Ltd.

“BankruptcyandEquityException”hasthemeaningsetforthinSection3.01(a).

“BenefitPlans”hasthemeaningsetforthinSection4.12(a).

“BonusAmount”means$13,070,000,representingtheportionoftheClosingTransactionExpenseAmountcomprisedoftheaggregateamountpayablebytheCompanytotherecipientsandintheamountssetforthinthescheduledeliveredpursuanttoSection2.03(a)(ii).

“BonusAmountRecipients”meanstheindividualsidentifiedinthescheduledeliveredpursuanttoSection2.03(a)(ii)asentitledtoaportionoftheBonusAmount(inthedenominationssetforththerein).

“Business”meansthebusinessconductedbytheCompanyandtheTransferredSubsidiariesasofthedatehereof.

“BusinessDay”meansanydaythatisnotaSaturday,aSundayoranotherdayonwhichcommercialbanksintheCityofNewYork,NewYorkarerequiredorauthorizedbyLawtoremainclosed.

“Cap”hasthemeaningsetforthinSection10.05.

“Cash”meanscashandcashequivalentsheldbytheCompanyanditsSubsidiaries,determinedinaccordancewithGAAP,providedthat(i)Cashshallbereducedbytheamountofanycheckswritten(butnotyetcashedbythepayee

thereof)bytheCompanyoranyoftheTransferredSubsidiariesasofthetimeimmediatelyprecedingtheClosing,and(ii)CashshallnotincludeanyamountsheldinescrowanddepositsoranyotheritemsconsideredtoberestrictedcashunderGAAP.

“Closing”hasthemeaningsetforthinSection2.02.

“ClosingCash”shallmeantheamountofCashoftheCompanyandtheTransferredSubsidiariesasofimmediatelypriortoClosing.

“ClosingDate”hasthemeaningsetforthinSection2.02.

“ClosingTransactionExpenseAmount”hasthemeaningsetforthinSection2.03(a).

“Code”meanstheUnitedStatesInternalRevenueCodeof1986.

“Company”hasthemeaningsetforthinthePreamble.

“Company401(k)Plan”hasthemeaningsetforthinSection2.09(c)(vi).

“CompanyDisclosureSchedule”hasthemeaningsetforthinthefirstparagraphofARTICLEIV.

“CompanyMaterialAdverseEffect”means(a)anyeventorconditionthat,individuallyorintheaggregate,hashadorisreasonablylikelytohaveamaterialadverseeffectonthefinancialcondition,resultsofoperations,condition

(financialorotherwise),orassets(takenasawhole)oftheCompanyandtheTransferredSubsidiaries(takenasawhole);provided,however,thatnoneofthefollowingshallconstituteorbedeemedtocontributetoaCompanyMaterialAdverseEffect,orshallotherwisebetakenintoaccountindeterminingwhetheraCompanyMaterialAdverseEffecthasoccurredorwouldbereasonablylikelytooccur:anyadverseeffectarisingoutof,resultingfromorattributableto(i)(A)theUnitedStatesorglobaleconomygenerallyorcapitalorfinancialmarketsgenerally,includingchangesininterestorexchangerates,(B)politicalconditionsgenerallyoftheUnitedStatesoranypoliticalsubdivisionthereofor(C)changesthataretheresultoffactorsgenerallyaffectinganyoftheindustriesormarketsinwhichtheBusinessoperatesorinwhichproductsorservicesoftheBusinessareusedordistributed,(ii)thenegotiation,execution,announcementorconsummationofthetransactionscontemplatedby, ortheperformanceofobligationsunder, this Agreementor theotherTransactionAgreements, (iii) theidentityof, or theeffects ofanyfacts orcirc*mstancesrelatingto, theAcquirororits Affiliates, (iv) anychangesorprospectivechangesinapplicableLaw,GAAPortheenforcementorinterpretationthereof,(v)actionspermittedtobetakenoromittedpursuanttothisAgreement,(vi)theeffectofanyactiontakenbytheAcquirororitsAffiliateswithrespecttothetransactionscontemplatedbythisAgreement,(vii)anyhostilities,actofwar,sabotage,terrorismormilitaryactions,oranyescalationorworseningofanysuchhostilities,actofwar,sabotage,terrorismormilitaryactions,(viii)anyfailurebytheCompanyortheTransferredSubsidiariestoachieveanyearningsorotherfinancialprojectionsorforecasts(providedthattheunderlyingcausesofanysuchfailuremaybetakenintoaccountindeterminingaCompanyMaterialAdverseEffect)and(ix)anyeffectthatiscuredbytheCompanypriortotheClosing,exceptinthecaseoftheforegoingclauses(a)(i)and(a)(iv)totheextentsucheffectorchangeismateriallydisproportionatelyadversewithrespecttotheCompanyandtheTransferredSubsidiaries(takenasawhole)ascomparedtootherPersonsengagedintheindustriesinwhichtheCompanyandtheTransferredSubsidiariesconductbusinessand(b)amaterialimpairmentonormaterialdelayintheabilityoftheCompanyortheSellerstoperformtheirrespectivematerialobligationsunderthisAgreementortoconsummatethetransactionscontemplatedbythisAgreement.

“CompanyOperatingAgreement”meanstheAmendedandRestatedLimitedLiabilityAgreementofTAPAutomotiveHoldings,LLC,datedasofOctober30,2009,byandamongtheCompanyandtheManagersandMembers(each

asdefinedtherein).

“CompanySoftware”meansanysoftwareownedbytheCompanyoraTransferredSubsidiary.

“CompanySpecifiedRepresentations”meanstherepresentationsandwarrantiesmadeinthefirstsentenceofSection4.01andinSection4.02(a),Section4.15andSection4.26.

“ConfidentialityAgreement”hasthemeaningsetforthinSection6.04(a).

“ConsentContracts”meansthoseMaterialContractsidentifiedonExhibitH.

“ConsentCounterparty”meansthosePersonsidentifiedonExhibitHascounterpartiestotheMaterialContractsidentifiedonExhibitH.

“ContinuingEmployee”hasthemeaningsetforthinSection7.01(a).

“Contract”meansanycontract,agreement,purchaseorder,warrantyorguaranty,license,useagreement,lease(whetherforrealestate,acapitallease,anoperatingleaseorother),instrument,undertaking,indenture,commitment,loan,consent,noteorotherlegallybindingobligation,whetherwrittenororal.

“Control”means,astoanyPerson,thepowertodirectorcausethedirectionofthemanagementandpoliciesofsuchPerson,whetherthroughtheownershipofvotingsecurities,bycontractorotherwise.Theterms“Controlledby”,“

undercommonControlwith”and“Controlling”havecorrelativemeanings.

“CurrentAssets”means,asofanydate,(i)accountsreceivable,net,(ii)otherreceivables,(iii)inventory,and(iv)prepaidexpensesoftheCompanyandtheTransferredSubsidiaries,ineachcase,determinedinaccordancewithGAAPandExhibitE.

“CurrentLiabilities”means,asofanydate(i)accountspayable,(ii)accruedexpenses,(iii)customerdeposits,(iv)taxespayable,and(v)deferredrevenueoftheCompanyandtheTransferredSubsidiaries,determinedinaccordance

withGAAPineachcase,determinedinaccordancewithGAAPandExhibitE(excluding,fortheavoidanceofdoubt,IndebtednessandTransactionExpenses).

“CustomsDuty”hasthemeaningsetforthinSection4.23.

“DelawareLLCAct”meanstheDelawareLimitedLiabilityCompanyAct,asamendedfromtimetotime.

“DownwardAdjustmentAmount”meanstheamountbywhichtheEstimatedConsiderationexceedstheFinalConsideration.

“EnvironmentalClaim”meansanycomplaints,summonses,citations,notices,directives,orders,claims,actions,suits,investigations,noticesofviolation,Liens,proceedings,orders,demands,notices,orjudgmentsbyanyPersoninconnectionwithorallegingactualorpotentialLosses(includingactualorpotentialLossesforinvestigatorycosts,cleanupcosts,governmentalresponsecosts,naturalresourcesdamages,propertydamages,personalinjuries,attorneys’feesorpenalties)arisingoutof,basedon,resultingfromorrelatingto(a)thepresenceorReleaseof,orexposureto,anyHazardousMaterialsatanylocation,whetherornotownedoroperatedbyCompany,noworinthepastor(b)anyviolationofornon-compliancewith,actualoralleged,ofanyEnvironmentalLawortermorconditionofanyEnvironmentalPermit.

“EnvironmentalLaws”meansanyandallLawsrelatingtopollutionortheprotectionofhumanhealthasitrelatestoHazardousMaterialsexposureortheenvironment(includingambientair,surfacewater,groundwater,landsurface

or subsurface strata, andnatural resources), andincludingall Lawsrelatingto (i) emissions, discharges, Releases or threatenedReleases of, or exposure to, HazardousMaterials, (ii) themanufacture, processing, distribution, use, treatment,generation, storage, containment (whether above ground or underground), disposal, transport or handling of Hazardous Materials, (iii) recordkeeping, notification, disclosure and reporting requirements regarding Hazardous Materials, (iv)endangeredorthreatenedspeciesoffish,wildlifeandplantsandprotectionofordamagetonaturalresources,(v)thepreservationoftheenvironmentormitigationofadverseeffectsonortohumanhealthasitrelatestoHazardousMaterialsexposureortotheenvironment,or(vi)emissionsorcontrolofgreenhousegases.

“EnvironmentalPermits”meansanyPermitsissued,granted,given,authorizedbyormadepursuanttoanyEnvironmentalLaws.

“ERISA”meanstheEmployeeRetirementIncomeSecurityActof1974.

“ERISAAffiliate”hasthemeaningsetforthinSection4.12(d).

“ERISAPlan”hasthemeaningsetforthinSection4.12(c).

“EscrowAgent”meansJPMorganChaseBank,N.A.

“EscrowAgreement”meanstheescrowagreement,datedasoftheClosingDate,amongtheAcquiror,theSellers’RepresentativeandtheEscrowAgent,substantiallyintheformofExhibitA.

“EstimatedClosingCash”hasthemeaningsetforthinSection2.04(a).

“EstimatedClosingIndebtedness”hasthemeaningsetforthinSection2.04(a).

“EstimatedClosingStatement”hasthemeaningsetforthinSection2.04(a).

“Estimated Consideration” means (a) the sum of (i) $665,000,000, (ii) the Working Capital Overage, if any and (iii) the Estimated Closing Cashminus(b) the sumof (i) the Estimated Closing Indebtedness, (ii) the Estimated

TransactionExpenses,(iii)theWorkingCapitalDeficiency,ifany,(iv)theSeriesAPreferredAmount,(v)theIndemnityEscrowAmount,(vi)theAdjustmentEscrowAmountand(vii)theSellerExpensesEscrowAmount.

“EstimatedTransactionExpenses”hasthemeaningsetforthinSection2.04(a).

“ExchangeAct”meanstheSecuritiesExchangeActof1934,togetherwiththerulesandregulationspromulgatedthereunder.

“FCPA”hasthemeaningsetforthinSection4.24(a).

“FinalConsideration”means(a)thesumof(i)$665,000,000,(ii)theWorkingCapitalExcess,ifanyand(iii)theFinalClosingCash,minus(b)thesumof(i)theFinalClosingIndebtedness,(ii)theFinalTransactionExpenses,(iii)theWorkingCapitalShortfall,ifany,(iv)theSeriesAPreferredAmount,(v)theIndemnityEscrowAmount,(vi)theAdjustmentEscrowAmountand(vii)theSellerExpensesEscrowAmount.

“FinallyResolved”means,withrespecttoaClaimoraProceeding,andtheLiabilityandamountofLossestherefor,whenthepartiesheretohavesodeterminedbymutualagreementor,ifdisputed,whenafinal,nonappealableorderor

judgmentbyaGovernmentalAuthorityofcompetentjurisdictionhasbeenenteredwithrespecttosuchClaimorProceeding.Notwithstandingtheforegoing,aClaimunderSection10.02(b)(forindemnificationforanybreachorinaccuracyofanyCompanySpecifiedRepresentationorSection10.02(c))thatseeksindemnityforLossestotheextentinexcessoftheCapshallnotbe“FinallyResolved”untiltheAcquirorIndemnifiedPartiessatisfytheirobligationtouseReasonableBestEffortstopursuerecoveryundertheRepresentationandWarrantyInsurancePolicyinaccordancewithSection10.04(b).

“FinancialStatements”hasthemeaningsetforthinSection4.05(a).

“ForeignOfficial”hasthemeaningsetforthinSection4.24.

“GAAP”meansUnitedStatesgenerallyacceptedaccountingprinciples.

“GovernmentalApproval”hasthemeaningsetforthinSection3.02.

“GovernmentalAuthority”meansanydomesticorforeignnational,supra-national, state,county,municipal,localgovernmental, domesticorforeign,legislative,judicial, administrativeorregulatoryauthority,agency,commission,

body,courtorentity.

“GovernmentalOrder”meansanyorder,writ,judgment,injunction,decreeorawardenteredbyorwithanyGovernmentalAuthority.

“HazardousMaterials”meansallchemicals,pollutants,contaminants,wastes,toxicorhazardoussubstances,materialsorwastes,substancesormaterialsdefined,classifiedorregulatedashazardous,toxic,explosive,dangerous,orradioactiveunderanyEnvironmentalLaw,andincludingpetroleumandpetroleumderivativesandproducts,asbestosorasbestos-containingmaterials,polychlorinatedbiphenyls,greenhousegases,leadorlead-basedpaintsormaterials,radon,fungus,moldormycotoxins.

“HSRAct”meanstheHart-Scott-RodinoAntitrustImprovementsActof1976.

“IncomeTaxes”means,withrespecttoaPerson,aTaximposedonallorpartofthenetincome,netprofitsornetgainsofthatPerson(whetheronaworldwidebasisoronlyinsofarassuchnetincome,netprofitsornetgainsare

consideredtoariseinorareallocatedto,attributabletoorrelatedtoaparticularbranchorotherlocationofsuchPerson).

“Indebtedness”means,withrespecttoanyPerson,butwithoutduplication:

(a)allindebtednessofsuchPersonforborrowedmoneyandallaccruedinterestthereon(otherthanaccountspayableintheordinarycourseofbusinessthatareactuallyincludedinthecalculationofCurrentLiabilitiesinthecalculationofNetWorkingCapital);

(b)allobligationsofsuchPersonunder,orevidencedby,notes,bonds,debenturesorothersimilarinstrumentsotherthantradepayablesandaccruedexpensesbutonlytotheextenttheyareactuallyincludedasCurrent

LiabilitiesinthecalculationofNetWorkingCapital;

(c)allobligationsofsuchPersonforreimbursem*ntofanylettersofcredit,performanceorcompletionbonds,suretybonds,corporateguaranteesorsimilarinstrumentsunderwhichadvancesorotheramountshavebeendrawnorareoutstanding,totheextentthattheyhavebeendrawnorareoutstanding;

(d)allobligationsofsuchPersonforanyinterestrateswap,forwardcontractorotherhedgingarrangement;

(e)allobligations(includingaccruedinterest)withoutduplicationunderaleaseagreementthatwouldbecapitalizedpursuanttoGAAP;

(f)themaximumamountpayablewithrespecttoallobligationsfor“earn-outs”orthedeferredpurchasepriceofpropertyorservices(which,foravoidanceofdoubt,shallnotbeincludedinthecalculationofCurrent

Liabilities);

(g)fifty-fivepercent(55%)oftheamountofallgiftcarddeposits;

(h)theprincipalamountof,allaccruedandunpaidintereston,andotherpaymentobligationsarisingunder,anyIndebtednessreferredtoinclauses(a)through(g)abovethroughtheClosingDateandanyprepayment

penalties,premiums,consentorotherfees,costs,breakageorotheramountspayableuponthedischargethereofattheClosingorothercostsincurredinconnectionwiththerepaymentorassumptionofsuchIndebtedness;and

(i)allobligationsofIndebtednessofothersreferredtoinclauses(a)through(h)above,whetherguaranteeddirectlyorindirectlyinanymannerbysuchPersonorsecuredby(orforwhichtheholderofsuchobligationshasanexistingright,contingentorotherwise,tobesecuredby)anyLienonanypropertyorassetofsuchPerson(whetherornotsuchobligationisassumedbysuchPerson).

“IndemnifiedParty”hasthemeaningsetforthinSection10.07(c).

“IndemnifiedTax”meansanyTaxesoftheCompanyortheTransferredSubsidiariesforaPre-ClosingTaxPeriod.IndemnifiedTaxesshallexcludeanyTax(i)takenintoaccountasaCurrentLiabilityinthecomputationofNet

WorkingCapital,(ii)totheextentresultingfromabreachofacovenantoftheAcquirorprovidedinthisAgreementor(iii)totheextentrelatingtoanAcquirorClosingDateTransaction.

“IndemnifyingParty”hasthemeaningsetforthinSection10.07(c).

“IndemnityEscrowAccount”hasthemeaningsetforthinSection2.03(c).

“IndemnityEscrowAmount”means$9,975,000.

“IndemnityEscrowTerminationDate”meansthedateeighteen(18)monthsaftertheClosingDate.

“IntellectualProperty”means(a) patents andpatent applications, includingreissues, divisions, continuations, continuationsinpart, extensionsandreexaminations thereof, (b) trademarks, servicemarks, tradedress, logos, Internetdomainnames,anyandallcommonlawrightsthereto,andregistrationsandapplicationsforregistrationthereof,andallrenewalsofanyoftheforegoing,(c)copyrights(includingcopyrightsinsoftware,databasesandcompilationsofdata),whetherornotregistered,andregistrationsandapplicationsforregistrationthereofandallrenewalsofanyoftheforegoingand(d)TradeSecrets.

“Interests”means,withrespecttoaPerson,membershipinterests,unitsorothertypesofequityinterest(asapplicable)insuchPerson.

“IRS”meanstheU.S.InternalRevenueService.

“KnowledgeofsuchSeller”oranysimilarphrasemeans,ifthereferencedSellerisanaturalperson,theactualknowledgeofthereferencedSellerand,ifthereferencedSellerisalegalentity,theactualknowledgeofthePersonset

forthnexttothenameofthereferencedSellerinSection1.01oftheSellersDisclosureScheduleortheknowledgethatareasonablepersoninalikepositionofsuchPersonwouldreasonablybeexpectedtohave.

“KnowledgeoftheAcquiror”oranysimilarphrasemeanstheknowledgethatareasonablepersoninalikepositionofsuchPersonwouldreasonablybeexpectedtohave.

“KnowledgeoftheCompany”oranysimilarphrasemeanstheactualknowledgeofanyPersonlistedinSection1.01(Knowledge of the Company )oftheCompanyDisclosureScheduleortheknowledgethatareasonablepersonina

likepositionofsuchPersonwouldreasonablybeexpectedtohavefollowingdueinquiry.

“Law”meansanyfederal,state,localorforeignlaw,statuteorordinance,oranyrule,regulation,judgment,order,writ,injunction,rulingordecreeofanyGovernmentalAuthority.

“LeasedRealProperties”hasthemeaningsetforthinSection4.14(b).

“Lien”meansanymortgage,deedoftrust,pledge,hypothecation,securityinterest,encumbrance,lienorchargeofanykind.

“Losses”meansanyandalllosses,damages,reasonablecosts,reasonableexpenses,liabilities,settlementpayments,awards,judgments,fines,obligations,claimsanddeficienciesofanykind.

“MaterialContract”meansanyContracttowhichtheCompanyoranyoftheTransferredSubsidiariesisaparty(otherthantheRealPropertyLeases)which(a)callsforthepaymentbyoronbehalfoftheCompanyoranyTransferredSubsidiaryinexcessof$100,000perannum,orthedeliverybytheCompanyoranyTransferredSubsidiaryofgoodsorserviceswithafairmarketvalueinexcessof$100,000perannum,duringtheremainingtermthereof,(b)providesfortheCompanyoranyTransferredSubsidiarytoreceiveanypaymentsinexcessof,oranypropertywithafairmarketvalueinexcessof,$100,000duringtheremainingtermthereofor(c)restrictstheCompany,anyoftheTransferredSubsidiariesoranyoftheirrespectiveAffiliatesfromcompetinginanylineofbusinessorwithanyPersonorinanyareaortoown,operate,sell,transfer,pledgeorotherwisedisposeoforencumberanyassetorpropertyoftheCompany,anyoftheTransferredSubsidiaries or anyoftheir Affiliates, (d) is a loanagreement, indenture, orother instrument foror relatingtoanyIndebtednessor anyLiensecuringsuchIndebtedness(includinganysecurityagreements, andfinancingstatements orotherevidencesofLienwithrespectthereto),(e)isaContractpursuanttowhichtheCompanyoranyoftheTransferredSubsidiarieshasorisobligatedtolendmoneyormakeadvancestoanyPerson,orpursuanttowhichtheCompanyoranyoftheTransferredSubsidiarieshasorisobligatedtomakeanyinvestmentinthesecuritiesofanyotherPerson,(f)isaContractunderwhichtheCompanyoranyoftheTransferredSubsidiarieshasguaranteedorotherwisebecomeobligatedtosatisfytheobligationsofanotherPerson,includinganylettersofcredit,(g)isajointventure,partnershiporsimilaragreementorarrangementwithanyperson,(h)isanemployment,severance,salebonusorchange-in-controlContractbetweentheCompanyoranyTransferredSubsidiaryandanyemployeeoftheCompanyoranyTransferredSubsidiary,(i)isaBenefitPlan,(j)wasenteredintoduringthethree-yearperiodpriortothedateofthisAgreementrelatingtotheacquisitionordispositionofanybusiness(whetherbymerger,saleofstock,saleofassetsorotherwise)(i)havinganaggregatevalueofatleast$500,000(otherthanTransactionAgreements)or(ii)pursuanttowhichtheCompanyoraTransferredSubsidiaryhas remaining performance obligations (contingent or mature) (k) contains a most-favored pricing or similar provision in favor of a Person other than the Company or a Transferred Subsidiary, (l) is a requirements Contract or contains arequirementsclause,(m)obligatestheCompanyoranyTransferredSubsidiarytomakeanycapitalexpendituresinexcessof$500,000,(n)wasenteredintoonorafterJanuary1,2014forthesaleofanyoftheassetsoftheCompanyoranyoftheTransferredSubsidiaries,otherthanintheOrdinaryCourseofBusiness,forconsiderationinexcessof$100,000,(o)iswithanyMaterialCustomerorMaterialSupplier,(p)isorcontainsanoutstandingpowerofattorneywithrespecttotheCompanyoranyofTransferredSubsidiariesor(q)isanAffiliateAgreement.

“MaterialCustomer”hasthemeaningsetforthinSection4.22.

“MaterialSupplier”hasthemeaningsetforthinSection4.22.

“NetWorkingCapital”means,atanydate,theexcessof(i)allCurrentAssetsasofsuchdate,over(ii)allCurrentLiabilitiesasofsuchdate,ineachcase,determinedinaccordancewithGAAPandExhibitE.

“NewPlans”hasthemeaningsetforthinSection7.01(b).

“Non-ImputationAffidavits”meansthedulyexecutednon-imputationaffidavitsfromthepartiesidentifiedthereinandtheapplicabletitlecompany,substantiallyintheformofExhibitF.

“Non-U.S.BenefitPlan”hasthemeaningsetforthinSection4.12(b).

“OldPlans”hasthemeaningsetforthinSection7.01(b).

“OrdinaryCourseofBusiness”withrespecttoaPersonmeanstheordinarycourseofbusinessofsuchPerson,consistentwithpastpractice.

“OwnedRealProperty”hasthemeaningsetforthinSection2.03(a).

“OwnedRealPropertyAffidavits”meansthedulyexecutedaffidavitsbytheCompanyorapplicableTransferredSubsidiaryforeachparcelofOwnedRealPropertyregardingLiens,judgments,residence,TaxLiens,bankruptcies,

partiesinpossession,mechanics’ormaterialmens’liensand/orothermattersaffectingtitletotheRealPropertythatisreasonablysufficienttoremovetheso-called“standard”exceptionsfromtheowner’spolicyoftitleinsurancetobepurchasedbyAcquiroratClosing,substantiallyintheformofExhibitG.1

“PayoffAmount”hasthemeaningsetforthinSection2.03(a).

“PayoffLetters”hasthemeaningsetforthinSection2.03(a).

“Permits”hasthemeaningsetforthinSection4.09(a).

“PermittedLiens”meansthefollowingLiens:(a)Liensfortaxes,assessmentsorothergovernmentalchargesorleviesthatarenotyetdueorpayableorthatarebeingcontestedingoodfaithbyappropriateproceedings;(b)statutory

Liensof landlordsandLiensofcarriers, warehousem*n, mechanics, materialmen, repairmenandotherLiensimposedbyLawforamountsnotyet due; (c) Liensincurredordeposits madetoaGovernmental Authorityinconnectionwithagovernmentalauthorization,registration,filing,license,permitorapproval;(d)LiensincurredordepositsmadeintheOrdinaryCourseofBusinessinconnectionwithworkers’compensation,unemploymentinsuranceorothertypesofsocialsecurity;(e)defectsoftitle,easem*nts,rights-of-way,covenants,restrictionsandothersimilarchargesorencumbrancesthatdonotindividuallyorintheaggregatemateriallyinterferewiththeconductofbusinessontheOwnedRealPropertyorLeasedRealPropertyormarketabilityoftitleoftheOwnedRealProperty;(f)LiensnotcreatedbytheCompanyoranyoftheTransferredSubsidiariesthataffecttheunderlyingfeeinterestofanyLeasedRealPropertyorOwnedRealProperty,butdonotindividuallyorintheaggregatemateriallyinterferewiththeordinaryconductofbusinessthereonormarketabilityoftitleoftheOwnedRealProperty;(g)LiensincurredintheOrdinaryCourseofBusinesssecuringobligationsorliabilitiesthatarenotindividuallyorintheaggregatematerialtotherelevantassetorproperty;(h)alllicenses,agreements,settlements,consents,covenantsnottoassertandotherarrangementsenteredintointheOrdinaryCourseofBusinessthatdonotindividuallyorintheaggregatemateriallyinterferewiththeconductofbusinessontheOwnedRealPropertyorLeasedRealPropertyormarketabilityoftitleoftheOwnedRealProperty;(i)zoning,buildingandothergenerallyapplicablelanduserestrictionsthatarenotviolatedbythecurrentuseoroccupancyoftheLeasedRealPropertyorOwnedRealProperty;(j)Liensresultingfromanyfactsorcirc*mstancesrelatingtotheAcquirororitsAffiliates;(k)anysetoffactsanaccurateup-to-datesurveywouldshow;provided,suchfactsdonotmateriallyinterferewiththeconductoftheBusinessascurrentlyconductedontherelevantLeasedRealPropertyorOwnedRealPropertybytheCompanyortheTransferredSubsidiaries,respectively;(l)Liensgrantedundersecuritieslendingandborrowingagreements,repurchaseandreverserepurchaseagreementsandderivativesenteredintointheOrdinaryCourseofBusiness,providednosuchLiensencumbertheOwnedRealPropertyorLeasedRealProperty;(m)clearingandsettlementLiensonsecuritiesandotherinvestmentpropertiesincurredintheordinarycourseofclearingandsettlementtransactionsinsuchsecuritiesandotherinvestmentpropertiesandholdingoflegaltitleorotherinterestsinsecuritiesorotherinvestmentpropertiesbycustodiansordepositoriesintheOrdinaryCourseofBusiness;and(n)non-exclusivelicensestoIntellectualPropertygrantedintheOrdinaryCourseofBusiness.

“Person”meansanynaturalperson,GovernmentalAuthority,partnership,corporation,limitedliabilitycompany,limitedliabilitypartnership,limitedpartnership,foundation,jointventure,syndicate,trust,estate,firm,associationor

organizationorotherlegalentity,andincludinganysuccessorbymergerorotherwiseofanyoftheforegoing.

“Pre-ClosingTaxPeriod”meansanytaxableperiodendingonorbeforetheClosingDateandtheportionofanyStraddlePeriodendingontheClosingDate.Forpurposesofthisdefinition,(i)inthecaseofanyIncomeTax,salesoruseTax,employmentTax,escheatorunclaimedpropertyimposedonorwithrespecttotheCompanyoranyTransferredSubsidiarythatrelatestoaStraddlePeriod,theamountofsuchTaxthatrelatestotheportionofsuchperiodendingattheendoftheClosingDateshallbedeterminedbasedonaninterimclosingofthebooksoftheCompanyorsuchTransferredSubsidiaryasoftheendoftheClosingDate,and(ii)inthecaseofanyTaximposedonorwithrespecttotheCompanyoranyTransferredSubsidiarythatrelatestoaStraddlePeriodthatisnotanIncomeTax,salesoruseTax,employmentTax,escheatorunclaimedproperty,theamountofsuchTaxthatrelatestotheportionofsuchperiodendingattheendoftheClosingDateshallbedeterminedbymultiplyingtheamountofsuchTaxbytheratiowhichthenumberofdayspriortoandincludingtheClosingDatethatareincludedinsuchStraddlePeriodbearstothetotalnumberofdaysincludedinsuchStraddlePeriod.

“Proceedings”meansanyactions,suits,claims,appeals,demands,discoveryrequests,formsofalternativedisputeresolution,inquiries,reviewsandformalorinformalinvestigationsorproceedingsbyorbeforeanyGovernmentalAuthority,legal,administrativeorarbitralbody.

“ProRataPercentage”means,withrespecttoeachSeller,thepercentagesetforthoppositeeachSeller’snameonAnnexIattachedhereto.

“PurchasePriceAllocation”hasthemeaningsetforthinSection2.08.

“RealPropertyLease”hasthemeaningsetforthinSection4.14(b).

“ReasonableBestEfforts”hasthemeaningsetforthinSection10.04(b).

“RegisteredIntellectualProperty”meansregisteredcopyrights,registeredtrademarks,registeredservicemarks,issuedpatents,pendingapplicationsforanyoftheforegoingandInternetdomainnames.

“Release” meansanyrelease, spill, emission, pouring, emptying, injecting, leaching, dumping, dischargeor disposal of HazardousMaterials intotheenvironment (includingambient air, surfacewater, groundwater andsurfaceor

subsurfacestrata).

“ReleaseesPersons”hasthemeaningsetforthinSection6.12(g).

“ReleasingPersons”hasthemeaningsetforthinSection6.12(e).

“RepresentationandWarrantyInsurancePolicy”meansthatcertainrepresentationandwarrantyinsurancepolicyattachedheretoasExhibitD.

“Representative”ofaPersonmeansthedirectors, officers, employees, shareholders, partners, members, advisers, agents, consultants, attorneys, accountants, investment bankersorotherrepresentatives ofsuchPersonandofsuchPerson’sAffiliates.

“ResolvedMatters”hasthemeaningsetforthinSection2.05(c).

“RestrictedPerson”hasthemeaningsetforthinSection6.10(a).

“RWInsuranceClaim”hasthemeaningsetforthinSection10.04(b)(iii).

“SecuritiesAct”meanstheSecuritiesActof1933.

“Seller”and“Sellers”havetherespectivemeaningssetforthinthePreamble.

“SellerExpensesEscrowAccount”meanstheescrowaccountestablishedpursuanttotheSellerExpensesEscrowAgreement,togetherwithanyinterestorincomethereon.

“SellerExpensesEscrowAgent”meansJPMorganChaseBank,N.A.orsuchotherbankasmaybeselectedbytheSellers’Representative.

“SellerExpensesEscrowAgreement”meanstheescrowagreement,datedasoftheClosingDate,betweentheSellers’Representative(onbehalfofitselfandeachoftheSellers)andtheSellerExpensesEscrowAgent,substantiallyin

theformofExhibitB.

“SellerExpensesEscrowAmount”meansacashamountequalto$3,000,000.

“SellerIndemnifiedParties”hasthemeaningsetforthinSection10.03.

“SellerRepresentations”means,collectively,therepresentationsandwarrantiesmadebytheSellersinARTICLEIII.

“SellersDisclosureSchedule”meansthedisclosurescheduledeliveredtotheAcquirorbytheSellersonthedateofthisAgreement.

“Sellers’Representative”hasthemeaningsetforthinSection2.10(a).

“SeriesAPreferredAmount”means$3,000,000.

“SeriesAPreferredInterest”hasthemeaningsetforthintheCompanyOperatingAgreement.

“SeriesAPreferredInterestPurchaseAgreement”meanstheinterestpurchaseagreement,datedasoftheClosingDate,amongtheAcquirorandtheSeriesAPreferredMembersspecifiedtherein,substantiallyintheformofExhibitC.

“SeriesAPreferredMembers”meansthosemembersoftheCompanyholdingSeriesAPreferredInterestsintheSeriesAPercentagesassetforthonAnnexI.

“SpecifiedRepresentations”meanstheAcquirorSpecifiedRepresentationsandtheCompanySpecifiedRepresentations.

“StraddlePeriod”meansanytaxableperiodthatincludes,butdoesnotendon,theClosingDate.

“Subsidiary”ofanyPersonmeansanycorporation,generalorlimitedpartnership,jointventure,limitedliabilitycompany,limitedliabilitypartnershiporotherPersonthatisalegalentity,trustorestateofwhich(orinwhich)(a)theissuedandoutstandingshareshavingordinaryvotingpowertoelectamajorityoftheboardofdirectors(oramajorityofanotherbodyperformingsimilarfunctions)ofsuchcorporationorotherPerson(irrespectiveofwhetheratthetimeequityinterestsofanyotherclassorclassesofsuchcorporationorotherPersonshallormighthavevotingpowerupontheoccurrenceofanycontingency),(b)morethan50%oftheinterestinthecapitalorprofitsofsuchpartnership,jointventureorlimitedliabilitycompanyor(c)morethan50%ofthebeneficialinterestinsuchtrustorestate,isatthetimeofdeterminationdirectlyorindirectlybeneficiallyownedorControlledbysuchPerson.

“Tax”or“Taxes”meansallincome,excise,grossreceipts,premium,advalorem,sales,use,employment,franchise,profits,gains,property,transfer,payroll,unclaimedpropertyorescheat,stamptaxesorothertaxes(whetherpayable

directlyorbywithholding)imposedbyanyUnitedStates(oranyofitspoliticalsubdivisions)TaxAuthorityandanytaximposedbyaTaxAuthority(otherthantheUnitedStatesoranyofitspoliticalsubdivisions),togetherwithanyinterestandanypenaltiesthereonoradditionalamountswithrespectthereto.

“TaxAuthority”meansanyGovernmentalAuthorityhavingjurisdictionovertheassessment,determination,collection,orimpositionofanyTax.

“TaxBenefit”meansanydeductionorcreditorotherallowanceofanykindthatmaybeusedtoreduceTaxes.

“TaxReturns”meansallreturnsandreports(includingelections,declarations,disclosures,schedules,estimatesandinformationreturns)requiredtobesuppliedtoaTaxAuthorityrelatingtoTaxes.

“TerminationDate”hasthemeaningsetforthinSection9.01(b).

“Third-PartyClaim”hasthemeaningsetforthinSection10.07(d).

“ Trade Secrets ” means trade secrets, know-how, and other proprietary information that constitutes a trade secret receiving protection under applicable Law (including any idea, research or development, know‑how, formula,

composition,manufacturingorproductionprocessortechnique,technicaldata,design,drawing,CADmodels,billsofmaterials,toolingdesigns,specification,customerorsupplierlist,pricingorcostinformationorbusinessormarketingplanorproposal).

“TransactionAgreements”means,collectively,thisAgreement,theEscrowAgreement,theSeriesAPreferredInterestPurchaseAgreementandtheotheragreementscontemplatedbythisAgreementtobeenteredintobytheSellers,

theCompany,theAcquiroratorasoftheClosing.

“TransactionExpenses”means(i)anyamountpayablebytheCompanyoranyofitsSubsidiariesfor(A)non-ordinarycourseofbusinessbonusesoranysuccessfeespayabletoanyPersonbytheCompanyoranyofitsSubsidiariesinconnectionwiththeconsummationoftheTransactions,(B)anybonuses(includingtheBonusAmount)andseveranceamountspayableinconnectionwiththeconsummationoftheTransactionsandanypayrollTaxesrelatingthereto,(C)allotherchangeofcontrolrelatedpaymentspayableinconnectionwiththeconsummationoftheTransactions,(D)anylegal,accounting,financialadvisory,broker,finderorinvestmentbanker,andotherthirdpartyadvisoryorconsultingfeesforservicesperformedinconnectionwith(x)theTransactionsand(y)theproposedsaleoftheCompanyoranyofitsSubsidiariestoanyotherpotentialthirdpartyacquiror,(E)thefeesandexpensesoftheelectronicdataroommaintainedinconnectionwiththeTransactions,and(G)allotherexpensesincurredbytheCompanyoranyofitsSubsidiariesonbehalfofthemselvesortheSellersinconnectionwiththeTransactions,ineachoftheforegoing(A)–(G),totheextentsuchamountisunpaidasoftheClosingDateand(ii)fiftypercent(50%)multipliedbyallfeesandexpensesoftheEscrowAgent(whetherpayableorpaid,atanytime,bytheCompanyortheAcquiror).

“Transactions”meansallofthetransactionscontemplatedbytheTransactionAgreementsandthoseincidentthereto.

“TransferTax”hasthemeaningsetforthinSection2.07.

“TransferredSubsidiaries”meanstheSubsidiariesoftheCompanysetforthonAnnexII,orrequiredtobesetforthonAnnexIIinordertoavoidabreachofSection4.02(b).

“UnauditedBalanceSheet”hasthemeaningsetforthinSection4.05(a).

“Units”meansalloftheClassAInterestsandtheClassBInterests(eachasdefinedintheCompanyOperatingAgreement)assetforthonAnnexI.

“UnresolvedMatters”hasthemeaningsetforthinSection2.05(d).

“UpwardAdjustmentAmount”meanstheamountbywhichtheFinalConsiderationexceedstheEstimatedConsideration.

“WorkingCapitalDeficiency”means(a)iftheEstimatedWorkingCapitalislessthan$66,000,000,anamountequaltotheamountbywhich$66,000,000exceedstheEstimatedWorkingCapital,and(b)iftheEstimatedWorking

Capitalisgreaterthanorequalto$66,000,000,zero.

“WorkingCapitalExcess”means(a)iftheFinalWorkingCapital(asfinallydeterminedpursuanttoSection2.05)isgreaterthan$70,000,000,anamountequaltotheamountbywhichtheFinalWorkingCapital(asfinallydeterminedpursuanttoSection2.05)exceeds$70,000,000,and(b)iftheFinalWorkingCapital(asfinallydeterminedpursuanttoSection2.05)islessthanorequalto$70,000,000,zero.

“WorkingCapitalOverage”means(a)iftheEstimatedWorkingCapitalisgreaterthananamountequalto$70,000,000,anamountequaltotheamountbywhichtheEstimatedWorkingCapitalexceeds$70,000,000,and(b)ifthe

EstimatedWorkingCapitalislessthanorequalto$70,000,000,zero.

“WorkingCapitalShortfall”means(a)iftheFinalWorkingCapital(asfinallydeterminedpursuanttoSection2.05)islessthan$66,000,000,anamountequaltotheamountbywhich$66,000,000exceedstheFinalWorkingCapital(asfinallydeterminedpursuanttoSection2.05),and(b)iftheFinalWorkingCapitalisgreaterthanorequalto$66,000,000,zero.

ARTICLEII

PURCHASEANDSALEOFTHEUNITS

Section2.01.PurchaseandSaleoftheUnits.OnthetermsandsubjecttotheconditionssetforthinthisAgreement,attheClosing,eachSellershallsell,convey,assign,transferanddelivertotheAcquiror,freeandclearofallLiensotherthanLiensarisingundertheapplicablesecuritiesLawsandtheCompanyOperatingAgreement,andtheAcquirorshallpurchase,acquireandacceptfromeachsuchSeller,thepercentageoftotalUnitsoftheCompanysetforthoppositethenameofsuchSellerinAnnexIhereto.

Section2.02.Closing.OnthesecondBusinessDayfollowingthefirstdayonwhichalltheconditionssetforthinARTICLEVIIIhavebeensatisfiedorwaived(otherthanthoseconditionsthatbytheirnaturearetobe

satisfiedattheClosing,butsubjecttothesatisfactionorwaiverofthoseconditionsattheClosing),oronsuchotherdateasthepartiesheretomayagreeinwriting,thetransactionscontemplatedbythisAgreementshalltakeplaceataclosing(the“Closing”)thatshallbeheldnolaterthan10:00a.m.,NewYorkCitytime,attheofficesofSullivan&CromwellLLP,125BroadStreet,NewYork,NewYork10004,oratsuchothertimeorplaceasthepartiesheretomayagreeinwriting(thedateonwhichtheClosingtakesplacebeingthe“ClosingDate”).UpontheoccurrenceoftheClosing,thetimeanddatethatthepurchaseandsaleoftheUnitsdescribedinSection2.01becomeseffectiveshallbe12:01a.m.,NewYorkCitytime,ontheClosingDate.

Section2.03.Payments.

(a)Nolaterthanthree(3)BusinessDaysbutnoearlierthanfive(5)BusinessDayspriortotheClosingDate,theCompanyshallprovidetheAcquirorwith(i)appropriatepayoffletterswithrespecttoallIndebtednessofthe

CompanyandtheTransferredSubsidiariessetforthinSection2.03(a)oftheCompanyDisclosureSchedule(informandsubstancereasonablysatisfactorytotheAcquiror)evidencingthesatisfactionoftheliabilitiesandobligationsofeachoftheCompanyand/ortheTransferredSubsidiariesthereunder,uponreceiptoftheamountssetforththerein(the“PayoffLetters”andtheaggregatepayoffamountssetforththerein,the“PayoffAmount”);(ii)aschedulesettingforthallTransactionExpensesthatwillbeaccruedbutunpaidasoftheClosingDatethattheCompanyisrequestingtheAcquirortopayattheClosingalongwithpaymentinstructionsfortherespectivepayees(theaggregateamountofsuchrequestedTransactionExpenses,the“ClosingTransactionExpenseAmount”);and(iii)acertificateofthechiefexecutiveofficerandthechieffinancialofficeroftheCompany,datedasofthesamedate,certifyingthat(A)eachsuchofficerhasreviewedthePayoffLetters,theClosingTransactionExpenseAmountandtherelatedschedule,(B)thePayoffAmountstatedinthePayoffLettersreflectsthetrueandaccurateoutstandingIndebtednessoftheCompanywithrespecttotheIndebtednessreferencedinthePayoffLettersand(C)theClosingTransactionExpenseAmountreflectsthetrueandaccurateamountsrelatedtotheapplicableTransactionExpensesitems.

(b)SimultaneouslywiththeClosing,subjecttothedeliveryofallclosingdeliveriesspecifiedinSection2.09herein,theAcquirorshallpay(i)thePayoffAmounttothePersonsentitledtheretoinaccordancewith

instructionsinthePayoffLettersand(ii)theClosingTransactionExpenseAmountminustheBonusAmount,inaccordancewiththescheduledeliveredinSection2.03(c)(ii).TheforegoingpaymentsbytheAcquirorare,andforallpurposes,includingpurposesoftheapplicableContractsandinstrumentsunderwhichsuchpaymentisowed,willbeconsidered,paymentsonbehalfoftheCompanyandtheTransferredSubsidiariesandinrespectofobligationsandliabilitiesoftheCompanyandtheTransferredSubsidiaries.

(c)AttheClosing,theAcquirorshall:

(i)bywiretransferofimmediatelyavailablefunds,paytoeachSeller(orsuchotherPersonasmaybedesignatedbysuchSellerinwriting)acashamountequaltotheproductobtainedbymultiplying(a)the

EstimatedConsiderationby(b)theProRataPercentageofsuchSellerimmediatelypriortotheClosingassetforthonAnnexI(assuchAnnexmaybeamendedfromtime-to-timebytheSellers’Representative,providedhowever,that(A)theaggregateresultofsuchamendmentswillnotresultinthere-allocationofmorethanfivepercent(5%)ofthetotalcashconsiderationtobepaidbytheAcquirorhereunder,(B)theSellers’RepresentativeshallprovidetheAcquirornoticeofanysuchamendmentsimmediatelyuponthechangingofanySeller’sProRataPercentageand(C)anyPersonidentifiedasaSellerinsuchamendmentwhoisnotalreadypartytothisAgreementshallimmediatelyexecutesuchdocumentationasisreasonablyrequiredbyAcquirorforsuchpersontobecomeaSellerhereunder(thedocumentationaddingsuchPersonasapartyheretoshallinformandsubstancereasonablysatisfactorytotheAcquiror),which,foravoidanceofdoubt,shallbecompletedpriortoClosing)tosuchaccountoraccountsdesignatedbytheSellers’Representativeatleasttwo(2)BusinessDayspriortotheClosing;

(ii)bywiretransferofimmediatelyavailablefunds,paytoeachoftheSeriesAPreferredMembersacashamountequaltotheproductobtainedbymultiplying(a)theSeriesAPreferredAmountby(b)theSeries

APercentagelistedinrespectofsuchSeriesAPreferredMemberassetforthonAnnexI,tosuchaccountoraccountsdesignatedbytheSellers’Representativeatleasttwo(2)BusinessDayspriortotheClosing;

(iii)depositorcausetobedepositedwiththeEscrowAgent,(A)theIndemnityEscrowAmounttobeheldinanescrowaccount(the“IndemnityEscrowAccount”)assecurityforcertainobligationspursuanttoSection2.05(g)andARTICLEX,ifany,and(B)theAdjustmentEscrowAmounttobeheldinanescrowaccount(the“AdjustmentEscrowAccount”)assecurityforcertainobligationspursuanttoSection2.05(g),ifany,inthecaseofeachoftheforegoingclauses(A)and(B),pursuanttothetermsoftheEscrowAgreement,bymeansofawiretransferofimmediatelyavailablefundstoanaccountoraccountsdesignatedinwritingbytheEscrowAgent;

(iv)depositorcausetobedepositedwiththeSellerExpensesEscrowAgenttheSellerExpensesEscrowAmounttobeheldintheSellerExpensesEscrowAccountpursuanttothetermsoftheSellerExpenses

EscrowAgreement,bymeansofawiretransferofimmediatelyavailablefundstoanaccountoraccountsdesignatedinwritingbytheSellerExpensesEscrowAgent;and

(v)depositwiththeCompany,anamountincashequaltotheBonusAmount,bymeansofawiretransferofimmediatelyavailablefundstoanaccountoraccountsdesignatedinwritingbytheAcquiror,forfurtherpaymentbytheCompanytotheBonusAmountRecipientspursuanttoSection6.09.TheforegoingpaymentsbytheCompanyareandforallpurposeswillbeconsideredpaymentsonbehalfoftheCompanyanditsSubsidiariesandinrespectofobligationsandliabilitiesoftheCompanyanditsSubsidiaries.

Section2.04.Pre-ClosingConsiderationAdjustment.

(a)Pre-ClosingConsideration.Five(5)BusinessDayspriortotheanticipatedClosingDate,theCompanyshalldelivertotheAcquirorastatement(the“EstimatedClosingStatement”)settingforthanestimateof(i)the

NetWorkingCapitalasofimmediatelypriortoClosingwithoutgivingeffecttotheTransactions.(the“EstimatedWorkingCapital”),(ii)theaggregateamountofIndebtednessoftheCompanyanditsSubsidiariesoutstandingasofimmediatelypriortoClosingbutpriortothepaymentofthePayoffAmount(the“EstimatedClosingIndebtedness”),(iii)theaggregateamountofTransactionExpensespriortothepaymentoftheClosingTransactionExpenseAmount(the“EstimatedTransactionExpenses”),(iv)theaggregateamountofClosingCash(the“EstimatedClosingCash”)and(v)acertificateofthechiefexecutiveofficerandthechieffinancialofficeroftheCompany,datedasofthesamedate,certifyingthateachsuchofficerhasreviewedtheEstimatedClosingStatementandthateachoftheEstimatedWorkingCapital,EstimatedClosingIndebtedness,EstimatedTransactionExpensesandEstimatedClosingCashrepresentssuchofficer’sgood-faithestimatethereofasofthedateofsuchestimate;togetherwithrelatedsupportingschedules,calculationsanddocumentationfortheitemsinclauses(i)–(iv)oftheforegoing.

(b)ReviewandDispute.If,withintwo(2)BusinessDaysfollowingthedatetheEstimatedClosingStatementisdeliveredtotheAcquiror,theAcquirorhasgiventheCompanynoticeofitsobjectiontoanyoftheitems

containedintheEstimatedClosingStatement,theCompanyandtheAcquirorwillworktogetherdiligentlyandingoodfaithtoresolvetheissuesindispute.Ifalldisputedissuesareresolved,theneachitemsetforthintheEstimatedClosingStatementthatwasindisputeshallberevisedasagreeduponbytheCompanyandtheAcquiror.IftheAcquirorandtheCompanyareunabletoresolveallsuchdisputedissueswithinthree(3)BusinessDaysfollowingthedatetheEstimatedClosingStatementisdeliveredtotheAcquiror,thentheEstimatedClosingStatementshallbeasproposedbytheCompany,asrevisedtoreflectanychangesmutuallyagreeduponbytheAcquirorandtheCompanypursuanttothisSection2.04(b),provided,however,thatthiswillnotrestrictorotherwiselimitanyrightsorclaimsotherwiseexpresslyavailabletotheAcquirorunderthisAgreement.

(c)Access.TheCompanyshallusereasonableeffortstocooperatewithandmakeavailabletotheAcquiroranditsRepresentativesallinformation,records,data,workingpapers(includingthoseworkingpapersofits

accountants),supportingschedules,calculationsandotherdocumentationthattheAcquirormayreasonablyrequestthatprovidesreasonabledetailrelatingtotheCompany’scalculationoftheEstimatedWorkingCapital,EstimatedClosingIndebtedness,EstimatedTransactionExpensesorEstimatedClosingCash,asapplicable,andshallmakereasonablyavailabletotheAcquirortheindividualsresponsibleforandknowledgeableabouttheinformationusedin,andthepreparationorcalculationofsuchitemsin,theEstimatedClosingStatement;providedthatanysuchaccessshallbehadinsuchamannersoasnottoundulyinterferewiththeconductofthebusinessoftheCompanyanditsSubsidiaries.TheAcquiroracknowledgesandagreesthataccesstotheworkingpapersoftheCompany’sindependentaccountantsmaybeconditionedupontheAcquiror’sexecutionofacustomaryconfidentialityandholdharmlessagreementrelatingtosuchaccesstoworkingpapersinformandsubstancereasonablyacceptabletotheCompany’sindependentaccountants.

Section2.05.Post-ClosingConsiderationAdjustment.

(a)AdjustmentStatement.Assoonaspracticablebutinnoeventlaterthansixty(60)daysaftertheClosingDate,theAcquirorshalldelivertotheSellers’Representativeastatement(the“AdjustmentStatement”)ofits

goodfaithdeterminationof(i)theNetWorkingCapitalasofimmediatelypriortoClosingwithoutgivingeffecttoanyoftheTransactions(the“FinalWorkingCapital”),(ii)theaggregateamountofIndebtednessoftheCompanyandtheTransferredSubsidiariesoutstandingasofimmediatelypriortoClosingpriortothepaymentofthePayoffAmount(“FinalClosingIndebtedness”),(iii)theaggregateamountofTransactionExpensespriortothepaymentoftheClosingTransactionExpenseAmount(the“FinalTransactionExpenses”)and(iv)theaggregateamountofClosingCash(the“FinalClosingCash”);togetherwithrelatedsupportingschedules,calculationsanddocumentationfortheitemsinclauses(i)–(iv)oftheforegoing.

(b)ReviewandDispute.Withinforty-five(45)daysfollowingreceiptbytheSellers’RepresentativeoftheAdjustmentStatement,theSellers’RepresentativeshalleitherinformtheCompanyinwritingthattheAdjustment

Statementisacceptable,ordeliverwrittennotice(the“NoticeofDisagreement”)totheAcquirorofanydisputetheSellers’RepresentativehaswithrespecttothepreparationorcontentoftheAdjustmentStatementortheFinalWorkingCapital,FinalClosingIndebtedness,FinalTransactionExpensesorFinalClosingCashreflectedtherein.TheNoticeofDisagreementmustdescribeinreasonabledetailtheitemscontainedintheAdjustmentStatementthattheSellers’Representativedisputes.IftheSellers’RepresentativedoesnotnotifytheAcquirorofadisputewithrespecttotheAdjustmentStatementwithinsuchforty-five(45)dayperiod,suchAdjustmentStatementandtheFinalWorkingCapital,FinalClosingIndebtedness,FinalTransactionExpensesandFinalClosingCashreflectedintheAdjustmentStatementwillbefinal,conclusiveandbindingontheparties.Duringsuchforty-five(45)dayperiod,theCompanyshallusereasonableeffortstocooperatewithandmakeavailabletotheSellers’Representativeinformation,records,data,workingpapers(includingthoseworkingpapersofitsaccountants),supportingschedules,calculationsandotherdocumentationthatprovidesreasonabledetailrelatingtotheCompany’scalculationoftheFinalWorkingCapital,FinalClosingIndebtedness,FinalTransactionExpensesorFinalClosingCash,asapplicable,andshallmakereasonablyavailabletotheSellers’Representativetheindividualsresponsibleforandknowledgeableabouttheinformationusedin,andthepreparationorcalculationofsuchitemsin,theAdjustmentStatement;providedthatanysuchaccessshallbehadinsuchamannersoasnottoundulyinterferewiththeconductoftheCompany’sbusiness.TheSellers’RepresentativeacknowledgesandagreesthataccesstotheworkingpapersoftheCompany’sindependentaccountantsmaybeconditionedupontheSellers’Representative’sexecutionofacustomaryconfidentialityandholdharmlessagreementrelatingtosuchaccesstoworkingpapersinformandsubstancereasonablyacceptabletotheCompany’sindependentaccountants.

(c)ResolutionofDispute.IntheeventaNoticeofDisagreementisdeliveredtotheAcquiror,duringtheforty-five(45)daysimmediatelyfollowingthedeliveryoftheNoticeofDisagreement,theSellers’Representative

andtheAcquirorshallattempt,eachingoodfaith,toresolveanydisagreementthattheymayhavewithrespecttothemattersspecifiedintheNoticeofDisagreement,andanyresolutionbythemastoanydisputedamountsshallbefinal,bindingandconclusive.AnyitemsagreedtobytheAcquirorandtheSellers’Representativeinwriting,togetherwithanyitemsnotdisputedorobjectedtobytheSellers’RepresentativeintheNoticeofDisagreement,arecollectivelyreferredtohereinasthe“ResolvedMatters.”

(d)AccountingFirm.IftheAcquirorandtheSellers’Representative,notwithstandingsuchgood-faitheffort,failtoresolveallofthematterscontainedintheNoticeofDisagreement(suchunresolvedmatters,“

UnresolvedMatters”)withinforty-five(45)daysaftertheSellers’RepresentativedeliverstheNoticeofDisagreement,thentheAcquirorandtheSellers’RepresentativejointlyshallengagetheAccountingFirmtoresolvesuchUnresolvedMattersinaccordancewiththestandardssetforthinthisSection2.05.TheSellers’RepresentativeandtheAcquiroreachagreetopromptlysignanengagementletter,inreasonableform,asmayreasonablyberequiredbytheAccountingFirm.

(e)AccountingFirmDetermination.TheAccountingFirmshallrenderawrittendecisionresolvingtheUnresolvedMatterssubmittedtotheAccountingFirmwithinthirty(30)BusinessDaysofitsengagementin

accordancewiththisSection2.05(e).EachoftheAcquirorandtheSellers’RepresentativeshallsubmittotheAccountingFirm(withacopydeliveredtotheotherpartyonthesameday),withinten(10)BusinessDaysafterthedateoftheengagementoftheAccountingFirm,amemorandum(whichmayincludesupportingexhibits)settingforththeirrespectivepositionswithrespecttotheUnresolvedMatters.EachoftheAcquirorandtheSellers’Representativemay(butshallnotberequiredto)submittotheAccountingFirm(withacopydeliveredtotheotherpartyonthesameday),withinfifteen(15)BusinessDaysafterthedateoftheengagementoftheAccountingFirm,amemorandumrespondingtotheinitialmemorandumsubmittedtotheAccountingFirmbytheotherparty.Thereshallbenoex parte communicationsbetweentheSellers’Representative(oritsRepresentatives)ortheAcquiror(oritsRepresentatives),ontheonehand,andtheAccountingFirm,ontheotherhand,relatingtotheUnresolvedMattersandunlessrequestedbytheAccountingFirminwriting,nopartyheretomaypresentanyadditionalinformationorargumentstotheAccountingFirm,eitherorallyorinwriting.TheAccountingFirmshallactasanexpertandnotasanarbitratortocalculate,basedsolelyonthewrittensubmissionsoftheAcquiror,ontheonehand,andtheSellers’Representative,ontheotherhand,andonlywithrespecttotheUnresolvedMatterssubmittedandwithoutindependentinvestigation,whetherandtowhatextenttheUnresolvedMattersweredeterminedstrictlyinaccordancewiththisAgreementandtheAccountingFirmshalldetermine,onsuchbasis,whetherandtowhatextent,theAdjustmentStatementandtheFinalWorkingCapital,FinalClosingIndebtedness,FinalTransactionExpensesorFinalClosingCashreflectedtherein,asapplicable,requireadjustment.TheAccountingFirmshalladdressonlytheUnresolvedMattersandmaynotassignavaluegreaterthanthegreatestvalueforsuchitemclaimedbyeitherpartyorsmallerthanthesmallestvalueforsuchitemclaimedbyeitherparty.JudgmentmaybeentereduponthedeterminationoftheAccountingFirminanycourthavingjurisdictionoverthepartyagainstwhichsuchdeterminationistobeenforced.AlldeterminationsmadebytheAccountingFirmwillbefinal,conclusiveandbindingonthepartiesandsuchmatterswillbedeemedtobeFinallyResolved.IntheeventthataNoticeofDisagreementisdulydeliveredbytheSellers’RepresentativetotheAcquirorinaccordancewithSection2.05(b),theAdjustmentStatementdeliveredbytheAcquirortotheSellers’RepresentativepursuanttoSection2.05(a)shallbeadjustedbytheAcquirorpursuanttotheagreementoftheSellers’RepresentativeandtheAcquirorinaccordancewiththeResolvedMatters,ifany,inwritingandthensuchAdjustmentStatementshallbefurtheradjustedbytheAccountingFirmtobeconsistentwiththefinalresolutionbytheAccountingFirmoftheUnresolvedMattersinaccordancewiththisSection2.05(e).TheAdjustmentStatementsorevisedshallbedeemedtosetforththefinal,conclusiveandbindingFinalWorkingCapital,FinalClosingIndebtedness,FinalTransactionExpensesandFinalClosingCash,ineachcase,forpurposesofthisAgreement(includingthedeterminationoftheDownwardAdjustmentAmountorUpwardAdjustmentAmount,asapplicable).Thefees,costsandexpensesoftheAccountingFirmshallbeallocatedbetweentheSellers’Representative(onbehalfoftheSellers),ontheonehand,andtheAcquiror,ontheotherhand,inthesameproportionthattheaggregateamountofthedisputeditemssubmittedtotheAccountingFirmthatisunsuccessfullydisputedbyeachsuchparty(asfinallydeterminedbytheAccountingFirm)bearstothetotalamountofsuchdisputeditemssosubmitted.Exceptasprovidedintheprecedingsentence,allothercostsandexpensesincurredbythepartiesheretoinconnectionwithresolvinganydisputehereunderbeforetheAccountingFirmshallbebornebythepartyincurringsuchcostsandexpenses.

(f)Access.ForpurposesofcomplyingwiththetermssetforthinthisSection2.05(f),theAcquirorandtheCompanyshallusereasonableeffortstocooperatewithandmakeavailabletotheAccountingFirmandits

Representativesinformation,records,data,workingpapers(includingthoseworkingpapersoftheiraccountants),supportingschedules,calculationsandotherdocumentationthatprovidesreasonabledetailrelatingtotheCompany’scalculationoftheUnresolvedMattersandshallmakereasonablyavailabletotheAccountingFirmtheindividualsresponsibleforandknowledgeableabouttheinformationusedin,andthepreparationorcalculationof,theUnresolvedMattersandtheresolutionthereof.

(g)DownwardAdjustment.If,followingdeterminationoftheFinalConsiderationinaccordancewiththisSection2.05,thereisaDownwardAdjustmentAmount,theAcquirorandtheSellers’Representativeshalldeliver

jointwritteninstructionstotheEscrowAgent,withinthree(3)BusinessDaysfromthedateonwhichtheFinalConsiderationisfinallydeterminedpursuanttothisSection2.05,instructingtheEscrowAgenttopaytotheAcquiror,fromtheAdjustmentEscrowAccount,anamountequaltotheDownwardAdjustmentAmount(iftheDownwardAdjustmentAmountislessthantheAdjustmentEscrowAmount)ortheAdjustmentEscrowAmount(iftheDownwardAdjustmentAmountisequaltoorgreaterthantheAdjustmentEscrowAmount),bywiretransferofimmediatelyavailablefundstoanaccountoraccountsdesignatedbytheAcquiror.IftheAdjustmentEscrowAmountisinsufficienttosatisfytheDownwardAdjustmentAmountinfull,theAcquirorandtheSellers’RepresentativeshalldeliverjointwritteninstructionstotheEscrowAgent,withinthree(3)BusinessDaysfromthedateonwhichtheFinalConsiderationisfinallydeterminedpursuanttothisSection2.05,instructingtheEscrowAgenttopaytotheAcquiroranamountequaltotheexcessoftheDownwardAdjustmentAmountovertheAdjustmentEscrowAmountfromtheIndemnityEscrowAmountbywiretransferofimmediatelyavailablefundstoanaccountoraccountsdesignatedbytheAcquiror.AftertheDownwardAdjustmentAmountisfullypaidtotheAcquirorinaccordancetothisSection2.05(g),theAcquirorandtheSellers’RepresentativeshalldeliverjointwritteninstructionstotheEscrowAgent,instructingtheEscrowAgenttoreleasethebalanceofthefundsremainingintheAdjustmentEscrowAccount,ifany,totheSellers’Representative(forthebenefitofSellers)withinone(1)BusinessDayfromthedateonwhichtheDownwardAdjustmentAmountispaidtotheAcquirorinaccordancewiththisSection2.05(g),bywiretransferofimmediatelyavailablefundstoanaccountoraccountsdesignatedbytheSellers’Representative.

(h)UpwardAdjustment.If,followingdeterminationoftheFinalConsiderationinaccordancewiththisSection2.05,thereisanUpwardAdjustmentAmount,theAcquirorshallorshallcausetheCompanytopaytothe

Sellers’Representative,forthebenefitoftheSellers,anamountequaltotheUpwardAdjustmentAmount,bywiretransferofimmediatelyavailablefundstoanaccountoraccountsdesignatedbytheSellers’Representative.Insuchevent,theAcquirorandtheSellers’RepresentativeshalldeliverjointwritteninstructionstotheEscrowAgent,instructingtheEscrowAgenttoreleaseallfundsintheAdjustmentEscrowAccounttotheSellers’Representativewithinthree(3)BusinessDaysfromthedateonwhichtheFinalConsiderationisfinallydeterminedpursuanttothisSection2.05,bywiretransferofimmediatelyavailablefundstoanaccountoraccountsdesignatedbytheSellers’Representative.

(i)NoAdjustment.IftheFinalConsiderationasfinallydeterminedpursuanttothisSection2.05isequaltotheEstimatedConsideration,thereshallbenoadjustmentpursuanttothisSection2.05theAcquirorandthe

Sellers’RepresentativeshalldeliverjointwritteninstructionstotheEscrowAgent,instructingtheEscrowAgenttoreleaseallfundsintheAdjustmentEscrowAccounttotheSellers’Representativewithinthree(3)BusinessDaysfromthedateonwhichtheFinalConsiderationisfinallydeterminedpursuanttothisSection2.05,bywiretransferofimmediatelyavailablefundstoanaccountoraccountsdesignatedbytheSellers’Representative.

(j)DistributiontoSellers.UponreceiptofanyfundspursuanttoSection2.05(g),Section2.05(h)orSection2.05(i),theSellers’Representativeshalldistributeorcausetobedistributedtheportionofsuchfundstowhich

anySellerisentitled,ifany,tosuchSellerinaccordancewithsuchSeller’sProRataPercentage,notlaterthanfive(5)BusinessDaysfromthedateofreceipt.

Section2.06.Withholding.ExcepttotheextentrequiredbyLaw,anypaymentbytheAcquirorofanyamountspecifiedinthisAgreementshallbepaidfreeandclearof,andwithoutanydeductionorwithholdingonaccountof,anyTax;provided,however,thatthePersonsentitledtosuchpaymentsshallprovideanystatements,formsorotherdocumentsreasonablyrequestedbytheAcquirortoreduceoreliminateanysuchdeductionorwithholding.IftheAcquirorbelievesthatanyTax(otherthanUnitedStatesfederal,stateorlocalTax,exceptifsuchUnitedStatesfederal,stateorlocalTaxisbelievedtoberequiredtobedeductedorwithheldbyreasonofalevyissuedbyarelevantTaxAuthoritytotheAcquirornotifyingtheAcquirorthatitisrequiredtodeductorwithholdanamountofTaxbyreasonoftherecipient’sfailuretocomplywithapplicableTaxLaws)isrequiredtobedeductedorwithheldfromanyamountpayablebytheAcquirorspecifiedinthisAgreement,theAcquirorshallbeentitledtodeductorwithholdsuchTax,butonlyifandtotheextentthat(i)theAcquirorshallhavedeliveredawrittennoticetotheapplicablerecipientontheearlierof(x)atleasttwenty(20)BusinessDayspriortomakingtheapplicablepaymentsubjecttosuchdeductionorwithholdingand(y)oneBusinessDayaftersuchnoticeoflevyisissuedtoAcquirorand(ii)either(x)theapplicablerecipientdoesnotobjecttosuchnoticewithinten(10)BusinessDaysofitsreceiptofsuchnotice(or,ifsuchnoticeisdeliveredpursuanttosubclause(y)ofclause(i)ofthissentence,withinhalftheamountofBusinessDaysoccurringbetweensuchreceiptandtheduedateforsuchpayment)or(y)theapplicablerecipientdoessoobjectandtheAccountingFirmdeterminesthatsuchTax“shouldbe”deductedorwithheldfromsuchamount,withthecosts(includingthefeesoftheAccountingFirm)relatedtosuchdeterminationbornebytheAcquirorandtheapplicablerecipientinanequitablemannerandwiththedeterminationofsuchAccountingFirmbeingfinal,conclusive,andbinding.TheAcquirorshallpromptlyremitanyTaxdeductedorwithheldpursuanttothisSection2.06totherelevantTaxAuthorityandpromptlyprovidetheapplicablerecipientwiththeappropriatereceiptsforsuchpayments.AnyamountdeductedorwithheldpursuanttothisSection2.06,shall,forallpurposesofthisAgreement,betreatedashavingbeenpaid.

Section2.07.TransferTaxes.TheAcquirorshallpay,andshallindemnify,defendandholdharmlesstheSellersagainstanyrealpropertytransferorgainstax,salestax,usetax,documentarytax,stamptax,stock

transfertaxorothertax(otherthanIncomeTax)(a“TransferTax”)imposedonthetransactionscontemplatedbythisAgreement.

Section2.08.PurchasePriceAllocation.Ifrelevant,theAcquirorandtheSellersshall,andshallcausetheirrespectiveAffiliatesto,consistentwithRevenueRuling99-6,1991-1C.B.432,treatthesaleandpurchaseoftheUnitsforU.S.federalincometaxandapplicablestateandlocalTaxpurposes(i)inthecaseoftheSellers,asasaleofpartnershipinterestsand(ii)inthecaseoftheAcquiror,asapurchaseoftheCompany’sassets.Ifthetreatmentdescribedintheprevioussentenceisnotrelevant,theAcquirorandtheSellersshall,andshallcausetheirrespectiveAffiliatesto,treatthesaleandpurchaseoftheUnitsforU.S.federalincometaxandapplicablestateandlocalTaxpurposesasasaleofinterestsinapartnership.Withinninety(90)daysfollowingtheClosingDate,theAcquirorshalldelivertotheSellers’Representativeanallocationschedule(the“PurchasePriceAllocation”)inaccordancewithSection755oftheCodeorSection1060oftheCode,asapplicable,andtheTreasuryRegulationsthereunder,settingforthinreasonabledetailtheAcquiror’sdeterminationoftheallocationoftheconsiderationpaidtotheSellersfortheUnitsamongtheassetsoftheCompany(andanyassetsofasubsidiaryoftheCompanythatisdisregardedasanentityseparatefromtheCompany)forallpurposes(includingTaxandfinancialaccountingpurposes).TheSellers’Representativewillhavethirty(30)daystoreviewandmakeanycommentsonthePurchasePriceAllocation.IftheAcquiroracceptsallcommentsrequestedbytheSellers’Representative,thePurchasePriceAllocation,assorevised,shallbecomefinalandshallbeusedbyallpartiesheretoasdescribedbelow.IftheAcquirordoesnotaccepttheSellers’Representative’scomments,theAcquirorandSellers’RepresentativeshallconsultandattempttoresolveingoodfaitheachsuchcommentnotacceptedbyAcquiror.Ifallsuchcommentsareresolved,theversionofthePurchasePriceAllocationincorporatingtheresolutionstosuchcommentsshallbecomefinalandshallbeusedbythepartiesforthepurposesdescribedbelow.IfAcquirorandSellers’Representativecannotmutuallyagreeontheappropriateallocationswithinfifteen(15)daysfollowingtheSellers’Representative’sreviewperiod,theAcquirorandtheSellers’RepresentativeshallutilizetheirownseparateversionsofthePurchasePriceAllocationforthepurposesdescribedbelow.TheAcquirorandtheSellerseachfurtheragreetofile,andtocausetheirrespectiveAffiliatestofile,theirIncomeTaxReturnsandallotherTaxReturnsandnecessaryformsinsuchamannerastoreflecttheallocationoftheconsiderationasdeterminedinaccordancewiththisSection2.08.IntheeventthatanyoftheallocationsprovidedonsuchPurchasePriceAllocationaredisputedbyaTaxAuthority,thepartyreceivingnoticeofsuchdisputeshallusereasonableeffortstonotifytheotherparty,andtheAcquirorandtheSellersshallcooperateingoodfaithinrespondingtosuchchallengetopreservetheeffectivenessofthePurchasePriceAllocation,eachatit*owncostandexpense.

Section2.09.ClosingDeliveries.

(a)DeliveriesbytheAcquiror.AttheClosing,theAcquirorshall:

(i)paytotheSellerstheamountsrequiredtobepaidpursuanttoSection2.03(c)(i);(ii)paytotheSeriesAPreferredMemberstheamountsrequiredtobepaidpursuanttoSection2.03(c)(ii);(iii)deliverorcausetobedeliveredtotheEscrowAgenttheIndemnityEscrowAmountandtheAdjustmentEscrowAmountpursuanttoSection2.03(c)(iii);(iv)deliverorcausetobedeliveredtotheSellerExpensesEscrowAgenttheSellerExpensesEscrowAmountpursuanttoSection2.03(c)(iv),provided,however,thatintheeventthatattheClosingtheSellers

failtomakethedeliverycontemplatedbySection2.09(b)(vii),theAcquirormaydelivertoeachSelleritsapplicableProRataPercentageoftheSellerExpensesEscrowAmountinsatisfactionofitsobligationspursuanttothisSection2.09(a)(iv)withrespecttotheSellerExpensesEscrowAmountandSection2.03(c)(iv)unlessotherwisedirectedinwritingbytheSellers’Representative,inwhichcasetheAcquirorshalldelivertheSellerExpensesEscrowAmountinaccordancewithsuchwrittendirectionfromtheSellers’RepresentativeinsatisfactionofitsobligationspursuanttothisSection2.09(a)(iv)withrespecttotheSellerExpensesEscrowAmountandSection2.03(c)(iv);

(v)delivertotheSellersthecertificaterequiredtobedeliveredbytheAcquirorpursuanttoSection8.02(a)(iii);(vi)delivertotheSellersacounterpartoftheEscrowAgreementdulyexecutedbytheAcquiror;(vii)delivertotheSellersacounterpartoftheSeriesAPreferredInterestPurchaseAgreementdulyexecutedbytheAcquiror;(viii)delivertotheSellersacopyofthebindingagreementtoobtaintheRepresentationandWarrantyInsurancePolicy,whichbindingagreementwillbeinfullforceandeffectasoftheClosing;and(ix)delivertotheSellerssuchotherdocumentsandinstrumentsasmaybereasonablynecessarytoconsummatethetransactionscontemplatedbythisAgreement.

(b)DeliveriesbytheSellers.AttheClosing,theSellersortheSellers’RepresentativeshalldelivertotheAcquiror:

(i)foreachSeller,adulyexecutedcopyofaninstrumentofassignmenteffectingthetransferandassignmentoftheUnitstobesoldbysuchSellertotheAcquirorattheClosinginformandsubstancereasonablysatisfactorytoAcquiror;

(ii)foreachSeller,areceiptandacknowledgmentforthepaymentspaidatClosingdirectlytosuchSeller,executedbysuchSellerinformandsubstancereasonablysatisfactorytoAcquiror;(iii)fortheSeriesAPreferredMembersholdingSeriesAInterestsrepresentingninety-five(95%)oftheSeriesAPreferredInterests,acounterpartoftheSeriesAPreferredInterestPurchaseAgreementduly

executedbyeachsuchSeriesAPreferredMember;(iv)astatement,signedbyapersonauthorizedtodosobytheboardoftheCompany,intheformdescribedinTemporaryTreasuryRegulationsSection1.1445-11T(d)(2)(i);(v)thecertificaterequiredtobedeliveredbytheSellers’RepresentativepursuanttoSection8.03(a)(iii);(vi)acounterpartoftheEscrowAgreementdulyexecutedbytheSellers’Representative;(vii)counterpartsoftheSellerExpensesEscrowAgreementdulyexecutedbytheSellers’Representative(onbehalfofitselfandeachSeller)andtheSellerExpensesEscrowAgent;(viii)awrittenconfirmationbytheSellerExpensesEscrowAgentofreceiptoftheSellerExpensesEscrowAmount;and(ix)suchotherdocumentsandinstrumentsasmaybereasonablynecessarytoconsummatethetransactionscontemplatedbythisAgreement.

(c)DeliveriesbytheCompany.AttheClosing,theCompanyshalldelivertotheAcquiror:

(i)writtenresignationsdulyexecutedbyeachdirector,manager,andofficeroftheCompanyorofaTransferredSubsidiary,effectiveasoftheClosing;(ii)thedulyexecutedcertificaterequiredtobedeliveredbytheCompanypursuanttoSection8.03(a)(iv);(iii)dulyexecutedconsentsfromtheConsentCounterparties,provided,however,thattheobligationoftheCompanytodeliveranyconsentfromanyConsentCounterpartywillbedeemedsatisfied

notwithstandingthefailuretoobtainsuchconsentifsuchfailureisdueto(i)thebreachbytheAcquirororanyofitsAffiliatesoftheirrespectiveobligationsunderSection6.05(f)or(ii)thewithholdingofsuchConsentCounterparty’sconsentonthebasisoftheAcquiror’soranyofitsAffiliates’financialcondition,reputation,creditworthiness,businessoperatingabilityorhistory,proposeduseormodificationofanypremisesthatarethesubjectofsuchConsentContractorsimilarconditionwithinthecontroloftheAcquirororanyofitsAffiliates;

(iv)theOwnedRealPropertyAffidavits;(v)theNon-ImputationAffidavits;(vi)resolutionsoftheboardoftheCompanyorotherevidencethattheCompany’s401(k)Plan(the“Company401(k)Plan”)willbeterminatedassetforthinSection7.01(d);and(vii)suchotherdocumentsandinstrumentsasmaybereasonablynecessarytoconsummatethetransactionscontemplatedbythisAgreement.

Section2.10.Sellers’Representative.

(a)EachSellerherebydesignatesORIXFundsCorp.(the“Sellers’Representative”)asitsrepresentative,attorney-in-factandagentwithfullpowerandauthority:

(i)toexecuteanddeliveranydocumentsorcertificatesrequiredtobedeliveredpursuanttothisAgreement,includingtheEscrowAgreementandtheSellerExpensesEscrowAgreement,andtoagreetosuch

amendmentsormodificationstothisAgreement,theEscrowAgreement,theSellerExpensesEscrowAgreementorsuchotherdocumentsorcertificatesastheSellers’Representative,initssolediscretion,determinestobedesirable;(ii)toexecuteanddeliversuchwaiversandconsentsinconnectionwiththisAgreement,theEscrowAgreementandtheSellerExpensesEscrowAgreementandtheconsummationofthetransactionscontemplated

herebyandtherebyastheSellers’Representative,initssolediscretion,maydeemnecessaryordesirable,includinganyamendmentsormodificationstothisAgreement,theEscrowAgreementortheSellerExpensesEscrowAgreement;(iii)tocollectandreceiveallmoneysandotherproceedsandpropertypayabletotheSellersfromtheIndemnityEscrowAccount,theAdjustmentEscrowAccountandtheSellerExpensesEscrowAccountas

describedhereinorotherwisepayabletotheSellerspursuanttothisAgreement,includingthefundsintheIndemnityEscrowAccount,theAdjustmentEscrowAccountandtheSellerExpensesEscrowAccountandanyportionoforearningsaccruedthereonwhichmaybedistributabletotheSellers,inaccordancewiththeEscrowAgreementortheSellerExpensesEscrowAgreement,asapplicable,and,subjecttoanyapplicablewithholdingretentionlaws,todisburseandpaythesame,totheextentpayabletoSellers,toeachSellerinaccordancewiththetermsofthisAgreement,theEscrowAgreementandtheSellerExpensesEscrowAgreement,asapplicable;

(iv)astheSellers’Representative,toenforceandprotecttherightsandinterestsoftheSellersandtoenforceandprotecttherightsandinterestsoftheSellers’Representativearisingoutoforunderorinany

mannerrelatingtothisAgreement,theEscrowAgreementandtheSellerExpensesEscrowAgreementandeachotheragreement,document,instrumentorcertificatereferredtohereinorthetransactionsprovidedforherein,andtotakeanyandallactionswhichtheSellers’RepresentativebelievesarenecessaryorappropriateunderthisAgreementandtheEscrowAgreementforandonbehalfoftheSellers,including(butsubjecttoSection10.07hereof)assertingorpursuinganyclaimagainsttheAcquirorortheCompany,defendinganyThird-PartyClaimsorclaimsbyanyAcquirorIndemnifiedParty,consentingto,compromisingorsettlinganysuchclaims,conductingnegotiationswithanyAcquirorIndemnifiedPartyortheCompanyandtheirrespectiveRepresentativesregardingsuchclaims,and,inconnectiontherewith,to(A)assertanyclaimorinstituteanyaction,proceedingorinvestigation,(B)investigate,defend,contestorlitigateanyActioninitiatedbytheAcquirorortheCompanyoranyotherPerson,orbyanyGovernmentalAuthorityagainsttheSellers’Representative,anyoralloftheSellers,ortheIndemnityEscrowAmount,theAdjustmentEscrowAmountortheSellerExpensesEscrowAccountandreceiveprocessonbehalfofanyoralloftheSellersinanysuchActionandcompromiseorsettleonsuchtermsastheSellers’Representativeshalldeterminetobeappropriate,andgivereceipts,releasesanddischargeswithrespecttoanysuchAction,(C)fileanyproofsofdebt,claimsandpetitionsastheSellers’Representativemaydeemadvisableornecessaryand(D)fileandprosecuteappealsfromanydecision,judgmentorawardrenderedinanysuchaction,proceedingorinvestigation(itbeingunderstoodthattheSellers’Representativeshallnothaveanyobligationtotakeanysuchactions,andshallnothaveanyliabilityforanyfailuretotakeanysuchactions);

(v)torefrainfromenforcinganyrightoftheSellersoranyofthemand/ortheSellers’RepresentativearisingoutoforunderorinanymannerrelatingtothisAgreement,theEscrowAgreementandtheSeller

ExpensesEscrowAgreement,oranyotheragreement,instrumentordocumentinconnectionwiththeforegoing;provided,however,thatnosuchfailuretoactonthepartoftheSellers’Representative,exceptasotherwiseprovidedinthisAgreement,theEscrowAgreementortheSellerExpensesEscrowAgreement,shallbedeemedawaiverofanysuchrightorinterestbytheSellers’RepresentativeorbysuchSellersunlesssuchwaiverisinwritingsignedbythewaivingpartyorbytheSellers’Representative;

(vi)togiveandreceiveanynoticetobegivenbyortotheSellerspursuanttothisAgreement,theEscrowAgreementandtheSellerExpensesEscrowAgreement(including,withoutlimitation,toprovidenoticeand

instructionstotheEscrowAgentandtheSellerExpensesEscrowAgentandtoauthorizedisbursem*ntoffundsfromtheIndemnityEscrowAccount,theAdjustmentEscrowAccountortheSellerExpensesEscrowAccountinaccordancewiththisAgreement,theEscrowAgreementortheSellerExpensesEscrowAgreement,asapplicable);and

(vii)tomakeanypaymentsorpayanyexpensesunderorinconnectionwiththisAgreement,theEscrowAgreementortheSellerExpensesEscrowAgreementoronbehalfoftheSellers,includingpursuantto

ARTICLEX.

(b)TheAcquirorshallbeentitledtorelyonanyandallactionstakenbytheSellers’Representativewithoutanyliabilityto,orobligationtoinquireof,orseektheconsentofanySeller.TheSellers’Representativeshallnotbeentitledtoanyfee,commissionorothercompensationfortheperformanceofitsserviceshereunder.

(c)InconnectionwiththisAgreementandanyinstrument,agreementordocumentrelatinghereto,andinexercisingorfailingtoexercisealloranyofthepowersconferredupontheSellers’Representativehereunder,(i)the

Sellers’RepresentativeshallincurnoresponsibilitywhatsoevertotheSellersbyreasonofanyerrorinjudgmentorotheractoromissionperformedoromittedhereunder,exceptingonlyresponsibilityforanyactorfailuretoactwhichrepresentsgrossnegligenceorwillfulmisconductand(ii)theSellers’Representativeshallbeentitledtorelyontheadviceofcounsel,publicaccountantsorotherindependentexpertsexperiencedinthematteratissue,andanyerrorinjudgmentorotheractoromissionoftheSellers’RepresentativepursuanttosuchadviceshallinnoeventsubjecttheSellers’RepresentativetoliabilitytotheSellers.TheSellersshalljointlyandseverallyindemnifytheSellers’RepresentativeandholdtheSellers’RepresentativeharmlessagainstanyLossesincurredwithoutwillfulmisconductonthepartoftheSellers’RepresentativearisingoutoforinconnectionwiththeacceptanceoradministrationofitsdutiesunderthisAgreement,theEscrowAgreementandtheSellerExpensesEscrowAgreement.TheSellers’RepresentativeshallbeentitledtorecovertheamountofanyexpensesincurredbyitinconnectionwiththeacceptanceoradministrationofitsdutieshereunderfromtheSellerExpensesEscrowAccount(butnotsolelyfromtheSellerExpensesEscrowAccount)inaccordancewiththisAgreementandtheSellerExpensesEscrowAgreement.

Section2.11.PaymentsandComputations.Eachpartyheretoshallmakeanypaymentrequiredtobemadetoanotherpartyheretopursuanttothisonthedayonwhichsuchpaymentisdue(unlessotherwiseconsented

tobythepartyheretotowhich,ortowhom,suchpaymentisdue).Allpaymentsshallbepaidbywiretransferofimmediatelyavailablefundstotheaccountoraccountsdesignatedbythepartyheretoreceivingsuchpayment.

ARTICLEIII

REPRESENTATIONSANDWARRANTIESOFTHESELLERS

EachSeller,severallyandnotjointly,herebyrepresentsandwarrants(ineachcase,solelywithrespecttosuchSellerandnotwithrespecttoanyotherSeller)totheAcquirorasfollows:

Section3.01.Organization,DueAuthorizationandEnforceability.

(a)IfsuchSellerisalegalentity:(i)suchSellerisdulyincorporated,organized,orformed(asapplicable),validlyexistingandingoodstanding(whereapplicable)undertheLawsoftheapplicablejurisdictionofincorporation,organizationorformation;(ii)suchSellerhasallrequisitecorporateandotherapplicableorganizationalpowerandauthoritytoexecute,deliverandperformeachoftheTransactionAgreementtowhichitisapartyandtoconsummatethetransactionscontemplatedbyandcarryoutit*obligationsunder,eachoftheTransactionAgreementstowhichitisaparty;(iii)theexecution,deliveryandperformancebysuchSellerofeachoftheTransactionAgreementstowhichitisapartyandtheconsummationbysuchSellerofthetransactionscontemplatedbyeachoftheTransactionAgreementstowhichitisapartyhavebeendulyandvalidlyauthorizedandapprovedbyallrequisitecorporateorothersimilarorganizationalactiononthepartofsuchSeller,andeachsuchauthorizationandapprovalremainsinfullforceandeffect;(iv)eachoftheTransactionAgreementstowhichsuchSellerisapartyhasbeen,oruponexecutionanddeliverythereofwillbe,dulyexecutedanddeliveredbysuchSeller;(v)nofurthercorporateproceedingsonthepartofsuchSellerarenecessarytoauthorizetheexecution,deliveryorperformanceoftheTransactionAgreementsortoconsummatethetransactionscontemplatedbyandcarryoutsuchSeller’sobligationsundertheTransactionAgreementstowhichitisaparty,and(vi)assumingdueauthorization,executionanddeliverybytheotherpartiesheretoorthereto,eachoftheTransactionAgreementstowhichsuchSellerisapartyconstitutes,oruponexecutionanddeliverythereofwillconstitute,thelegal,validandbindingobligationofsuchSeller,enforceableagainstitinaccordancewithitsterms,subjectineachcasetotheeffectofanyapplicablebankruptcy,reorganization,insolvency,moratorium,rehabilitation,liquidation,fraudulentconveyance,preferentialtransferorsimilarLawsnoworhereafterineffectrelatingtooraffectingcreditors’rightsandremediesgenerallyandsubject,astoenforceability,totheeffectofgeneralequitableprinciples(regardlessofwhetherenforcementissoughtinaproceedinginequityoratlaw)(the“BankruptcyandEquityException”).

(b)IfsuchSellerisanaturalperson:(i)suchSellerhasallrequisitepowerandauthoritytoexecute,deliver,perform,andconsummatethetransactionscontemplatedbyandcarryoutit*obligationsunder,eachofthe

TransactionAgreementstowhichitisaparty;(ii)eachoftheTransactionAgreementstowhichsuchSellerisapartyhasbeen,oruponexecutionanddeliverythereofwillbe,dulyexecutedanddeliveredbysuchSeller;and(iii)assumingdueauthorization,executionanddeliverybytheotherpartiesheretoorthereto,eachoftheTransactionAgreementstowhichsuchSellerisapartyconstitutes,oruponexecutionanddeliverythereofwillconstitute,thelegal,validandbindingobligationofsuchSeller,enforceableagainstitinaccordancewithitsterms,subjecttotheBankruptcyandEquityException.

Section3.02.ConsentsandApprovals.ExceptasrelatedtotheidentityorregulatorystatusoftheAcquirororitsAffiliatesandexceptinconnection,orincompliance,withthenotificationandwaitingperiod

requirementsoftheHSRAct,theexecution,deliveryandperformancebysuchSelleroftheTransactionAgreementstowhichitisapartydonot,andtheconsummationbysuchSellerofthetransactionscontemplatedbytheTransactionAgreementstowhichitisapartywillnot,requireanyconsent,approval,license,permit,order,qualificationorauthorizationof,orregistrationwithorotheractionby,oranyfilingwithornotificationto,anyGovernmentalAuthority(each,a“GovernmentalApproval”)tobeobtainedormadebysuchSelleroranyofitsAffiliates(otherthantheCompanyanditsSubsidiaries).

Section3.03.NoConflict.ExceptasrelatedtotheidentityorregulatorystatusoftheAcquirororitsAffiliates,theexecution,deliveryandperformancebysuchSellerof,andtheconsummationbysuchSellerofthe

transactionscontemplatedby,theTransactionAgreementstowhichsuchSellerisapartydonotandwillnot(a)ifsuchSellerisalegalentity,violateorconflictwiththeorganizationaldocumentsofsuchSeller,(b)assumingthemakingandobtainingoftheGovernmentalApprovalsreferredtoinSection3.02ofthisAgreement,conflictwithorviolateanyLaworGovernmentalOrderapplicabletosuchSeller,(c)resultinanybreachof,orconstituteadefault(oreventwhich,withthegivingofnoticeorlapseoftimeorboth,wouldconstituteadefault)under,orgivetoanyPersonanyrightsoftermination,accelerationorcancellationof,orresultinthecreationofanyLien(otherthanPermittedLiens)onanyoftheassetsorpropertiesofsuchSellerpursuantto,anymaterialContracttowhichsuchSellerisapartyorbywhichsuchSellerisbound,or(d)violateanyjudgment,ruling,order,writ,injunction,decree,statute,rule,regulationorotherrestrictionapplicabletosuchSelleroranyofitspropertiesorassets.

Section3.04.TitletoUnits.SuchSelleristhesolerecordandbeneficialholderof,andhasgoodandvalidtitleto,thepercentageoftotalUnitssetforthoppositeitsnameonAnnexI,freeandclearofallLiens

(exceptforLiensarisingunder(x)applicablesecuritiesLaws,and(y)theCompanyOperatingAgreement),anduponthesaleanddeliverybysuchSelleratClosingofsuchUnitsasprovidedinthisAgreementgoodandvalidtitletosuchUnits,ineachcasefreeandclearofallLiensotherthan(x)LiensarisingunderapplicablesecuritiesLaws,(y)LiensarisingundertheCompanyOperatingAgreementand(z)thoseresultingfromtheAcquiror’sownership,willpasstotheAcquiror.

Section3.05.NoOtherRepresentationsorWarranties.ExceptfortherepresentationsandwarrantiescontainedinthisARTICLEIII,neithersuchSellernoranyotherPersonmakesanyotherexpressorimplied

representationorwarrantyonbehalfofsuchSellerinconnectionwiththetransactionscontemplatedbythisAgreement.

ARTICLEIV

REPRESENTATIONSANDWARRANTIESOFTHECOMPANY

ExceptassetforthinthecorrespondingsectionsorsubsectionsofthedisclosurescheduledeliveredtotheAcquiroronorpriortotheexecutionofthisAgreement(the“CompanyDisclosureSchedule”)(itbeingunderstoodandagreedbythepartiesheretothatdisclosureofanyiteminanysectionorsubsectionoftheCompanyDisclosureScheduleshallbedeemeddisclosedwithrespecttoanyothersectionorsubsectionoftheCompanyDisclosureScheduletowhichtherelevanceofsuchitemisreadilyapparentonitsface),theCompanyherebyrepresentsandwarrantstotheAcquirorasfollows:

Section4.01.Organization,Qualification,DueAuthorizationandEnforceability.

(a)EachoftheCompanyandtheTransferredSubsidiariesisdulyincorporated,organized,orformed(asapplicable),validlyexistingandingoodstandingundertheLawsofitsjurisdictionofincorporation,organizationor

formation(eachassetforthinSection4.01(a)oftheCompanyDisclosureSchedule)andhasallrequisitecorporateandotherpowerandauthoritytoown,leaseandoperateitspropertiesandassetsandtoconductit*businessaspresentlyconducted.EachoftheCompanyandtheTransferredSubsidiariesisdulyqualifiedasaforeigncorporationorotherorganizationtodobusiness,andisingoodstanding,ineachjurisdictionwherethecharacterofitsowned,operatedorleasedpropertiesorthenatureofitsactivitiesmakessuchqualificationandgoodstandingnecessary,exceptforfailurestosoqualifyorbeingoodstandingthat,individuallyorintheaggregate,wouldnotreasonablybeexpectedtohaveaCompanyMaterialAdverseEffect.Section4.01(a)oftheCompanyDisclosureSchedulecontainsacompleteandaccuratelistofthejurisdictionsinwhicheachoftheCompanyandtheTransferredSubsidiariesisqualifiedtodobusinessasaforeigncorporationorotherorganization.EachoftheCompanyandtheTransferredSubsidiarieshasdeliveredtrueandcompletecopiesofitsorganizationaldocumentstotheAcquiror,andtherearenobreachesofsuchorganizationaldocuments.

(b)TheCompanyhasallrequisitecorporateorlimitedliabilitycompanypowertoexecute,deliverandperformeachoftheTransactionAgreementstowhichitisapartyandtoconsummatethetransactionscontemplatedby

andcarryoutit*obligationsundertheTransactionAgreementstowhichitisaparty.

(c)Theexecution,deliveryandperformancebytheCompanyofeachoftheTransactionAgreementstowhichitisapartyandtheconsummationbytheCompanyofthetransactionscontemplatedbyeachoftheTransactionAgreementstowhichitisapartyhavebeendulyandvalidlyauthorizedandapprovedbyallrequisitecorporateorotheractiononthepartoftheCompany,andeachsuchauthorizationandapprovalremainsinfullforceandeffect.EachoftheTransactionAgreementstowhichtheCompanyisapartyhasbeen,oruponexecutionanddeliverythereofwillbe,dulyexecutedanddeliveredbytheCompany.NofurthercorporateproceedingsonthepartoftheCompanyarenecessarytoauthorizetheexecution,deliveryorperformanceoftheTransactionAgreementsortoconsummatethetransactionscontemplatedbyandcarryouttheCompany’sobligationsundertheTransactionAgreementstowhichitisaparty.

(d)Assumingdueauthorization,executionanddeliverybytheotherpartiesheretoorthereto,eachoftheTransactionAgreementstowhichtheCompanyisapartyconstitutes,oruponexecutionanddeliverythereofwill

constitute,thelegal,validandbindingobligationoftheCompany,enforceableagainstitinaccordancewithitsterms,subjectineachcasetotheBankruptcyandEquityException.

Section4.02.CapitalStructure;TransferredSubsidiaries.

(a)Section4.02(a)oftheCompanyDisclosureSchedulesetsforth(i)eachoftheCompany’sandTransferredSubsidiaries’authorizedcapitalstockorequityinterests,(ii)eachoftheCompany’sandTransferredSubsidiaries’issuedcapitalstockorequityinterests,(iii)eachoftheCompany’sandTransferredSubsidiaries’outstandingcapitalstockorequityinterests,(iv)theSellers’respectiveownershippercentagesofalltheissuedandoutstandingUnitsoftheCompany,whichtogetherconstitutealloftheissuedandoutstandingInterestsoftheCompanyand(v)therecordownersandthenumberofsharesofeachclassorseries(orotherapplicableunits)ofInterestsineachoftheTransferredSubsidiariesthatareissuedandoutstanding,togetherwiththeregisteredholdersthereof.AlltheissuedandoutstandingUnitsoftheCompanyandalltheoutstandingsharesofeachclassorseries(orotherapplicableunits)ofInterestsineachoftheTransferredSubsidiarieshavebeendulyauthorizedandvalidlyissued,arefullypaidandnonassessableandwerenotissuedinviolationofanypreemptiveorsubscriptionrights.Therearenooptions,calls,warrantsorconvertibleorexchangeablesecurities,orconversion,preemptive,subscription,orotherrights,oragreements,arrangementsorcommitments,inanysuchcase,obligatingorwhichmayobligatetheCompanyoranyoftheTransferredSubsidiariestoissue,sell,purchase,returnorredeemanysharesofitsInterestsorsecuritiesconvertibleintoorexchangeableforanyInterestsortograntanyoptions,calls,warrantsorconvertibleorexchangeablesecurities,orconversion,preemptive,subscription,orotherrights,oragreements,arrangementsorcommitments.TherearenoInterestsoftheCompanyoranyoftheTransferredSubsidiariesreservedforissuance.Therearenocapitalappreciationrights,restrictedstockorequity,performance-basedstockorotherequity,dividendequivalent,profitparticipation,phantomstockorequityplans,securitieswithparticipationrightsorfeaturesorsimilarobligationsandcommitmentsoftheCompanyoranyoftheTransferredSubsidiaries.TheCompanydirectlyorindirectlyownsalltheoutstandingInterestsofeachoftheTransferredSubsidiaries,freeandclearofallLiens,otherthananyLiensarisingasaresultofanyoftheTransactionAgreementsorrestrictionsontransferimposedbyapplicableLaws.OtherthantheCompany’sortheTransferredSubsidiaries’ownershipoftheequityoftheTransferredSubsidiaries,neithertheCompanynoranyoftheTransferredSubsidiariesowns,holdsorcontrols,directlyorindirectly,anyequity,partnership,membershiporsimilarinterestin,oranyinterestconvertibleinto,exercisableforthepurchaseoforexchangeableforanysuchequity,partnership,membershiporsimilarinterestin,anyPerson.TherearenodeclaredoraccruedunpaiddividendsordistributionswithrespecttoanyUnits.TheCompanyisnotunderanyobligationtoregisterundertheSecuritiesActof1933,asamended,anyofitspresentlyoutstandingsharesofstockorothersecuritiesoranystockorothersecuritiesthatmaybesubsequentlyissued.

(b)ExceptforthisAgreement,theCompanyOperatingAgreementandrestrictionsimposedbyapplicableLaws,therearenoagreements,votingtrusts,stockholderagreements,proxiesorotherrightsoragreementsineffect

withrespecttothevoting,transferordistributionrightsoftheUnitsorofthesharesofanyInterestsinanyTransferredSubsidiary.TheCompanydoesnothaveanySubsidiariesotherthantheTransferredSubsidiaries.FromJune30,2016tothedatehereof,theCompanyhasnotdeclared,setaside,madeorpaidanydistributioninrespectoftheUnits.

Section4.03.ConsentsandApprovals.ExceptasrelatedtotheidentityorregulatorystatusoftheAcquirororitsAffiliatesandexceptinconnection,orincompliance,withthenotificationandwaitingperiod

requirementsoftheHSRAct,theexecution,deliveryandperformancebytheCompanyoftheTransactionAgreementstowhichitisapartydonot,andtheconsummationbytheCompanyofthetransactionscontemplatedbytheTransactionAgreementstowhichitisapartywillnot,requireanyGovernmentalApprovaltobeobtainedormadebytheCompany.

Section4.04.NoConflict.ExceptasrelatedtotheidentityorregulatorystatusoftheAcquirororitsAffiliatesandasdisclosedinSection4.04oftheCompanyDisclosureSchedule,theexecution,deliveryand

performancebytheCompanyof,andtheconsummationbytheCompanyofthetransactionscontemplatedby,theTransactionAgreementstowhichtheCompanyisapartydonotandwillnot(a)violateorconflictwiththeorganizationaldocumentsoftheCompanyoranyoftheTransferredSubsidiaries,(b)assumingthemakingandtheobtainingoftheGovernmentalApprovalsreferredtoinSection4.03ofthisAgreement,conflictwithorviolateanyLaworGovernmentalOrderapplicabletotheCompanyoranyoftheTransferredSubsidiariesorbywhichanyofthemoranyoftheirrespectivepropertiesorassetsisboundorsubject,(c)resultinanybreachof,orconstituteadefault(oreventwhich,withthegivingofnoticeorlapseoftimeorboth,wouldconstituteadefault)under,orgivetoanyPersonanyrightsoftermination,accelerationorcancellationof,orresultinthecreationofanyLien(otherthanPermittedLiens)onanyoftheassetsorpropertiesoftheCompanyoranyoftheTransferredSubsidiariespursuantto,anyRealPropertyLeaseoranyMaterialContracttowhichtheCompanyoranyoftheTransferredSubsidiariesisapartyorbywhichanyofthemoranyoftheirrespectivepropertiesorassetsisboundorsubjector(d)violateanyjudgment,ruling,order,writ,injunction,decree,statute,rule,regulationorotherrestrictionapplicabletotheCompanyoranyTransferredSubsidiaryoranyoftheirpropertiesorassets.

Section4.05.FinancialInformation;AbsenceofUndisclosedLiabilities;AccountsReceivable;Inventory.

(a)Section4.05(a)oftheCompanyDisclosureSchedulesetsforth(i)theauditedconsolidatedbalancesheetoftheCompanyandtheTransferredSubsidiariesasofDecember31,2013,December31,2014andDecember

31,2015,andtherelatedconsolidatedstatementsofincomeandcashflowsoftheCompanyandtheTransferredSubsidiariesforthefiscalyearsendedonsuchdates,togetherwithallrelatednotesandschedulesthereto,(ii)theunauditedconsolidatedbalancesheetoftheCompanyandtheTransferredSubsidiariesasofJune30,2016(the“UnauditedBalanceSheet”),(iii)theauditedconsolidatedstatementofincomeoftheCompanyandtheTransferredSubsidiariesforthetwo-yearperiodendedDecember31,2015and(iv)theunauditedconsolidatedstatementofincomeandcashflowsoftheCompanyandtheTransferredSubsidiariesforthehalf-yearperiodendedJune30,2016(thebalancesheetsandthestatementsofincomeandcashflowsreferredtoinclauses(i)through(iv)ofthisSection4.05(a)beingcollectivelyreferredtohereinasthe“FinancialStatements”).EachoftheFinancialStatements(x)havebeenpreparedinaccordancewithGAAP(y)presentfairly,inallmaterialrespects,theconsolidatedfinancialconditionandtheconsolidatedresultsofoperationsoftheCompanyandtheTransferredSubsidiariesasoftheirrespectivedatesandfortherespectiveperiodscoveredtherebyand(z)werepreparedinaccordancewith,andareconsistentwith,thefinancialrecordsoftheCompanyandtheTransferredSubsidiaries,exceptthattheFinancialStatementsreferredtoinclauses(ii)and(iv)ofthisSection4.05(a)donotcontainfootnotesorotherpresentationitemsandaresubjecttonormalyear-endadjustments.ThefinancialrecordsoftheCompanyandtheTransferredSubsidiaries,allofwhichtheCompanyhasmadeavailabletoAcquiror,aretrue,correctandcompleteinallmaterialrespectsandrepresentactual,bonafidetransactionsandhavebeenmaintainedinallmaterialrespectsinaccordancewithsoundbusinesspractices,includingthemaintenanceofasystemofinternalcontrolsreasonablyadequateforaprivately-ownedcompanyofsimilarsizetotheCompany,operatinginthesameindustryastheCompany.

(b)Except(i)assetforthonthefaceoftheUnauditedBalanceSheet,and(ii)forliabilitiesandobligationsincurredintheOrdinaryCourseofBusinesssinceJune30,2016,therearenodebts,liabilitiesorobligations,

whetheraccruedorfixed,absoluteorcontingent,ormaturedorunmatured,oftheCompanyoranyoftheTransferredSubsidiariesofanynatureortype,whetherornotrequiredbyGAAPtobereflectedonaconsolidatedbalancesheetofCompanyorandtheTransferredSubsidiaries.

(c)TheaccountsreceivableoftheCompanyandtheTransferredSubsidiariesreflectedintheFinancialStatementsorintheaccountingrecordsoftheCompanyortheTransferredSubsidiariessinceJune30,2016(i)have

arisenintheOrdinaryCourseofBusiness,and(ii)representvalidobligationsarisingfromsalesactuallymadeorservicesactuallyperformedbytheCompanyortheTransferredSubsidiariesintheOrdinaryCourseofBusiness.

Section4.06.AbsenceofCertainChanges.ExceptascontemplatedbythisAgreement,fromJune30,2016tothedatehereof,(a)theCompanyandtheTransferredSubsidiarieshaveconductedtheBusinessinthe

OrdinaryCourseofBusiness,(b)therehasnotoccurredanyeventoreventsthat,individuallyorintheaggregate,wouldreasonablybeexpectedtohaveaCompanyMaterialAdverseEffect,and(c)noactionhasbeentakenthatwouldbeaviolationofSection6.01ifithadbeentakenafterthedateofthisAgreement.

Section4.07.AbsenceofLitigation.TherearenomaterialActionspendingbyoragainstCompanyoranyoftheTransferredSubsidiariesor,totheKnowledgeoftheCompany,threatenedinwritingbyoragainstthe

CompanyoranyoftheTransferredSubsidiaries.

Section4.08.CompliancewithLaws.NoneoftheCompanyortheTransferredSubsidiariesis,andduringthepastthreeyearshasbeen,inviolationinanymaterialrespectofanyLawsorGovernmentalOrdersapplicabletoitoritsassets,propertiesorbusinesses.NoneoftheCompanyortheTransferredSubsidiariesisapartyto,orboundby,anymaterialGovernmentalOrder.SinceJanuary1,2014,neithertheCompanynoranyoftheTransferredSubsidiarieshasreceivedanywrittennoticeoftheviolationofanyLawsbytheCompanyortheTransferredSubsidiaries.

Section4.09.GovernmentalPermits.

(a)TheCompanyandeachTransferredSubsidiaryholdsallgovernmentalqualifications,registrations,filings,licenses,permits,franchises,certificates,consents,waivers,concessions,exemptions,orders,notices,approvals

orauthorizationsissuedorgrantedbyGovernmentalAuthoritiesnecessarytoconducttheBusinessincomplianceinallmaterialrespectswithallLawsorGovernmentalOrdersapplicabletoitoritsassets,propertiesorbusinessesandtoownoruseitsrespectiveassetsandproperties,assuchBusiness,assetsandpropertiesareconducted,ownedandused,respectively,onthedatehereof(collectively,the“Permits”).

(b)AllmaterialPermitsarevalidandinfullforceandeffect.NoneoftheCompanyortheTransferredSubsidiaries,isthesubjectofanypendingor,totheKnowledgeoftheCompany,threatenedinwritingActionseeking

therevocation,suspension,termination,modificationorimpairmentofanyPermit.EachoftheCompanyandtheTransferredSubsidiariesis,andduringthepastthreeyearshasbeen,incomplianceinallmaterialrespectswithallofitsPermits.SinceJanuary1,2014,neithertheCompanynoranyoftheTransferredSubsidiarieshasreceivedanywrittennoticeofrevocation,suspension,modificationorterminationwithrespecttoanyPermit.

Section4.10.IntellectualProperty.

(a)Section4.10(a)oftheCompanyDisclosureSchedulecontainsalistofallmaterialRegisteredIntellectualPropertyownedbytheCompanyoranyoftheTransferredSubsidiariesthatismaterialtotheoperationofthe

Business(“CompanyRegisteredIntellectualProperty”),includinganysuchInternetdomainname,pendingpatentortrademarkapplicationorapplicationforregistrationthattheCompanyoranyoftheTransferredSubsidiarieshasmadewithrespecttoanyofitsIntellectualProperty.WithrespecttoeachitemofIntellectualPropertyrequiredtobeidentifiedinSchedule4.10(a)(andexceptasotherwisesetforththerein)totheCompany’sKnowledge:

(i)theCompanyoraTransferredSubsidiaryownsandpossessesallright,title,andinterestinandtotheitem,freeandclearofanyLien,exceptforPermittedLiens;(ii)eachitemthatisanissuedpatent,registeredcopyrightorregisteredtrademarkisvalidandenforceable;(iii)theitemisnotsubjecttoanyoutstandinginjunction,judgment,order,decree,rulingorcharge;and(iv)nomaterialaction,suit,proceeding,hearing,investigation,charge,complaint,claim,interference,opposition,cancellation,reexamination,ordemandispendingorthreatenedthatchallengesthelegality,

validity,enforceability,useorownershipoftheitem;(b)TotheCompany’sKnowledge,neithertheCompanynoranyTransferredSubsidiaryhas,sinceJanuary1,2014tothedatehereof,materiallyinfringedupon,misappropriated,orotherwiseviolated,anyIntellectual

Propertyrightsofthirdparties.SinceJanuary1,2014tothedatehereof,noneoftheCompanyortheTransferredSubsidiarieshasreceivedanywrittenclaimornoticefromanyPersonthattheCompanyoranyoftheTransferredSubsidiariesisengaginginanyactivitythatinfringesupon,violatesormisappropriatesanyIntellectualPropertyrightofsuchPersonthathasnotbeenresolved.TotheCompany’sKnowledge,thereisnomaterialinfringement,misappropriation,orotherviolationbyanythirdparty(includinganyemployeeorformeremployeeoftheCompanyoranyTransferredEmployee)ofanyIntellectualPropertyownedbytheCompanyoranyTransferredSubsidiary.

(c)TheCompanyandeachTransferredSubsidiaryhavetakenreasonableprecautionstoprotecttheconfidentialityofallTradeSecrets;andtotheCompany’sKnowledge,suchTradeSecretshavenotbeenused,divulgedor

appropriatedforthebenefitofanythirdpartywithouttheCompany’sconsent.

(d)AssumingthevalidityofownershipofIntellectualPropertybyallPersonsfromwhomtheCompanyoraTransferredSubsidiarylicensesIntellectualProperty,theCompanyoraTransferredSubsidiaryownsandpossessesorhastherighttousepursuanttoavalidlicense,sublicense,agreement,permission,orotherwiseallmaterialIntellectualPropertynecessaryfortheoperationoftheBusinessaspresentlyconducted.

(e)TotheCompany’sKnowledge,noCompanySoftwareissubjecttoanyobligationorconditionunderanylicenseidentifiedasanopensourcelicensebytheOpenSourceInitiative(www.opensource.org/)thatconditions

thedistributionofsuchCompanySoftwareatnolicensefee.

Section4.11.MaterialContracts.Section4.11oftheCompanyDisclosureSchedulelistseachoftheMaterialContractsasineffectonthedatehereofand,totheextentthataMaterialContractisoral,Section4.11oftheCompanyDisclosureSchedulecontainsanaccuratedescriptionofthematerialtermsthereof,ineachcase.TheCompanyhasmadeavailabletotheAcquiroracopyofeachMaterialContractrequiredtobelistedonSection4.11oftheCompanyDisclosureSchedule(exceptinthecaseoforalMaterialContracts).EachMaterialContractisavalidandbindingobligationoftheCompanyortheTransferredSubsidiary(asapplicable)thatispartytheretoand,totheKnowledgeoftheCompany,eachotherpartytosuchMaterialContract.EachsuchMaterialContractisenforceableagainsttheCompanyortheTransferredSubsidiary(asapplicable)thatispartytheretoand,totheKnowledgeoftheCompany,eachotherpartytosuchMaterialContractinaccordancewithitsterms(subjectineachcasetotheBankruptcyandEquityException).NoneoftheCompanyortheTransferredSubsidiariesor,totheKnowledgeoftheCompany,anyotherpartytoaMaterialContract,isinbreachofordefaultinanymaterialrespectunderanyMaterialContract,asofthedatehereof,theredoesnotexistanyevent,conditionoromissionthatwouldconstitutesuchadefaultorbreach(whetherbylapseoftimeornoticeorboth)bytheCompanyortheTransferredSubsidiariesand,totheKnowledgeoftheCompany,theredoesnotexistanyevent,conditionoromissionthatwouldconstitutesuchadefaultorbreach(whetherbylapseoftimeornoticeorboth)byanyotherparty.NeithertheCompanynoranyoftheTransferredSubsidiarieshaswaivedanymaterialrightunderanyMaterialContractand,totheKnowledgeoftheCompany,asofthedatehereof,nopartytoanyMaterialContracthascommunicatedtotheCompanyoranyTransferredSubsidiarysuchparty’sintenttoterminate,modify,amend,accelerateorcancelanyMaterialContract.Asofthedatehereof,neithertheCompanynoranyoftheTransferredSubsidiarieshasreceivedanywrittennoticeofaparty’sdesireorintenttorenegotiateorreduceitscommitmentunderaMaterialContract.IfthepartiestoaMaterialContractareperformingundertermsthathaveexpiredbytheexpresstermsofsuchMaterialContract,thenSection4.11oftheCompanyDisclosureScheduleidentifiessuchexpirationanddescribesthematerialtermsunderwhichsuchpartiescontinuetoperform.

Section4.12.EmployeeBenefits;Labor.

(a)Section4.12(a)oftheCompanyDisclosureSchedulesetsforthalistofallmaterialBenefitPlans.Theterm“BenefitPlan”means(i)“employeebenefitplans”asdefinedinSection3(3)ofERISAand(ii)anybenefitor

compensationplan,program,policy,practice,agreement,contract,arrangementorotherobligation,whetherornotfunded,ineachcase,whichissponsoredormaintainedby,orrequiredtobecontributedto,orwithrespecttowhichanypotentialliabilityisborneby,theCompanyoranyoftheTransferredSubsidiaries.TheCompanyhasdeliveredormadeavailabletotheAcquirorcopiesofallthematerialBenefitPlans(or,adescriptionofanymaterialBenefitPlan,iftheBenefitPlanisnotdocumentedinwriting)andallrelatedtrustagreements,insurancecontractsorotherfundingarrangementswhichimplementanyofsuchBenefitPlans.

(b)EachBenefitPlan(otherthanBenefitPlansthataremaintainedprimarilyforthebenefitofemployeesoutsideoftheUnitedStates(“Non-U.S.BenefitPlans”))hasbeenoperatedandadministeredincompliancewith

itstermsandwithapplicableLaw,includingERISAandtheCode,exceptforanynon-compliancethat,individuallyandintheaggregate,consideringanypotentialpenaltyortaxassociatedwithsuchnon-compliance,wouldnotbematerial.

(c)WithrespecttoeachBenefitPlanthatisan“employeebenefitplan”withinthemeaningofSection3(3)ofERISA(an“ERISAPlan”),theCompanyhasmadeavailabletotheAcquiror,totheextentapplicable,accurate

andcompletecopiesof(i)themostrecentsummaryplandescriptiontogetherwithanysummariesofallmaterialmodificationsthereto,and(ii)themostrecentIRSdeterminationoropinionletter.WithrespecttoanyERISAPlan,noneoftheCompanyortheTransferredSubsidiarieshasengagedinatransactionwithrespecttoanyBenefitPlanthatwouldreasonablybeexpectedtosubjecttheCompanyoranyTransferredSubsidiaryoranyBenefitPlantoaTaxorpenaltyimposedbyeitherSection4975or4976oftheCodeorSection502(i)ofERISAinanamountwhichcouldbematerial.EachERISAPlan,whichisintendedtobequalifiedunderSection401(a)oftheCode,andthetrust(ifany)formingapartthereof,hasreceivedafavorabledeterminationletterfromtheIRSandnoeventhasoccurredandnoconditionexiststhatwouldreasonablybeexpectedtoresultintherevocationofsuchdeterminationletterortheimpositionofanymaterialliabilityortaxunderERISAortheCode.Therearenofactsorcirc*mstancesthatwouldreasonablybeexpectedtoresultintheimpositionofamaterialtaxorpenaltyagainsttheCompanyoranyTransferredSubsidiaryunderthePatientProtectionandAffordableCareAct.

(d)NeithertheCompanynoranyERISAAffiliatehascontributedinthelastsix(6)yearsto,orhasanypotentialobligationofanysort(includinganycontingentliability)withrespectto(i)aplanthatissubjecttoSection

412oftheCodeorSection302orTitleIVofERISA,(ii)any“multiemployerplan”(asdefinedinSection(3)(37)or4001(a)(3)ofERISA),(iii)any“multipleemployerplan”(asdefinedinSection413(c)oftheCodeorSection4063ofERISA),(iv)any“multipleemployerwelfarearrangement”(asdefinedinSection3(40)ofERISA),(v)anyself-fundedmedicalordentalplanor(vi)anynonqualifieddeferredcompensationplansubjecttoSection409AoftheCode.ForpurposesofthisAgreement,“ERISAAffiliate”meansallemployers(whetherornotincorporated)thatwouldbetreatedtogetherwiththeCompanyoranyoftheTransferredSubsidiariesasa“singleemployer”withinthemeaningofSection414oftheCode.NoBenefitPlanis,orisexpectedtobe,in“at-risk”status(withinthemeaningofSection303(i)(4)(A)ofERISAorSection430(i)(4)(A)oftheCode).

(e)NeithertheexecutionanddeliveryofthisAgreement,memberorotherapprovalofthisAgreementnortheconsummationofthetransactionscontemplatedbythisAgreementcould,eitheraloneorincombinationwith

anotherevent,(i)entitleanyemployeeoftheCompanyoranyoftheTransferredSubsidiariestoseverancepayoranymaterialincreaseinseverancepay(otherthanseverancepayrequiredbyanyapplicableLaw),(ii)acceleratethetimeofpaymentorvesting,ormateriallyincreasetheamount,ofcompensationduetoanysuchemployee,or(iii)resultinthepaymentofanyamountthatcould,individuallyorincombinationwithanyothersuchpayment,constitutean“excessparachutepayment”asdefinedinSection280G(b)(1)oftheCode.

(f)AllNon-U.S.BenefitPlansthataremaintainedprimarilyforthebenefitofemployeesoutsideoftheUnitedStatescomplywithapplicablelocalLaw,exceptforanynon-compliancethat,individuallyorintheaggregate,

wouldnotbematerial.

(g)TheCompanyhasdeliveredormadeavailabletotheAcquiroralistofthename,jobtitle,exemptornon-exemptstatusforwageandhourpurposes,dateofhire,basecompensation,bonusplaneligibility,andemployingentityasofthedatethereofforeachemployeeoftheCompanyoranyoftheTransferredSubsidiaries.

(h)TheemploymentrelationshipbetweentheCompanyortheTransferredSubsidiary,asapplicable,andeachcurrentU.S.employeeisemploymentat-will.

(i)ExceptasdisclosedonalisttheCompanyhasdeliveredormadeavailabletotheAcquiror,asofthedateofsuchlist,nocurrentemployeeisoffworkduetoaleaveofabsence,includingwithoutlimitation,shortorlong-

termdisabilityleave.

(j)Nomanagement-levelemployeewiththetitleofdirectororabovehascommunicatedtotheCompanyoranyTransferredSubsidiaryanyintentiontoterminatesuchemployee’semploymentwiththeCompanyoranyTransferredSubsidiary.

(k)TheCompanyandeachTransferredSubsidiaryisincomplianceinallmaterialrespectswithallapplicableLawsrelatingtoemploymentincluding,withoutlimitation,provisionsthereofrelatingtowages,wagepayment,

overtime,hours,restandmealbreaks,leavesofabsence,equalopportunity,collectivebargaining,workplacesafety,workerscompensation,discrimination,immigration,andthepaymentand/orwithholdingofsocialsecurityandotherTaxes.

(l)NeithertheCompanynoranyTransferredSubsidiaryprovidesforcontinuingbenefitsorcoverageforanyparticipantoranybeneficiaryofaparticipantaftersuchparticipant’sterminationofemployment,exceptasmayberequiredbyCOBRAandatsuchparticipant’sorsuchbeneficiary’ssoleexpense.

(m)Noaction,suit,proceeding,hearing,orinvestigationwithrespecttoanyBenefitPlan(otherthanroutineclaimsforbenefits)ispendingor,totheKnowledgeofSellerandtheCompany,threatenedthatwouldresultin

anymaterialliabilitytotheCompanyoranyTransferredSubsidiary.

(n)ForallperiodsonorbeforetheClosingDate,allcontributions(includingallemployercontributionsandemployeesalaryreductioncontributions)thatareduefromtheCompanyoraTransferredSubsidiaryhavebeenmadewithinthetimeperiodsprescribedbyERISAandtheCodetoeachBenefitPlanor,forthosewhicharenotyetdue,havebeenmadetoeachsuchBenefitPlanoraccruedinaccordancewithGAAP.Allpremiums,otherpaymentsoraccrualsforincurredbutnotreportedliabilitiesfortheCompanyandTransferredSubsidiariesforallperiodsendingonorbeforetheClosingDatewithrespecttoeachBenefitPlanhavebeenpaidonatimelybasisoraccruedconsistentwithGAAP.

(o)NeithertheCompanynoranyoftheTransferredSubsidiariesisapartytoanycollectivebargainingagreementorotheragreementwithalaborunionorlikeorganization.TotheKnowledgeoftheCompany,thereare(i)

noactivitiesorproceedingsofanylabororganizationtoorganizeanyemployeesoftheCompanyoranyofitsSubsidiariesandnodemandforrecognitionastheexclusivebargainingrepresentativeofanyemployeeshasbeenmadebyoronbehalfofanylabororlikeorganization,and(ii)nopendingorthreatenedstrikes,lockouts,slowdownsorworkstoppages.

(p)NeithertheCompanynoranyTransferredSubsidiaryhavecommittedtomakeanymaterialincreaseincontributionsorbenefitsunderanyPlan.

Section4.13.Insurance.Section4.13oftheCompanyDisclosureSchedulesetsforthatrueandcompletelistofallmaterialinsurancepoliciesandself-insurancearrangementsinforcewithrespecttotheCompanyand

theTransferredSubsidiaries(includingallpoliciesofliability,property,casualtyandotherformsofinsuranceownedorheldbytheCompanyoranyofitsSubsidiariesorwithrespecttowhichtheCompanyoranyofitsSubsidiariesisanamedinsuredorotherwiseabeneficiaryofcoverage)(“CompanyInsurancePolicies”),copiesofwhichhavebeenprovidedtotheAcquiror.AllCompanyInsurancePoliciesarelegal,valid,binding,enforceable,andinfullforceandeffect(andallpremiumsdueandpayablethereonhavebeenpaidinfullonatimelybasis),andnowrittennoticeofcancellation,terminationorrevocationorotherwrittennoticethatanysuchinsurancepolicyisnolongerinfullforceoreffectorthattheissuerofanysuchinsurancepolicyisnotwillingorabletoperformitsobligationsthereunderhasbeenreceivedbytheCompanyoranyoftheTransferredSubsidiariesandnoneoftheCompanyortheTransferredSubsidiariesisindefaultinanymaterialrespectofanyprovisionthereof.TheCompanyandeachoftheTransferredSubsidiariesisincomplianceinallmaterialrespectswithallMaterialContractsrequiringtheCompanyortheTransferredSubsidiariestolistathirdpartyasanadditionalornamedinsured.

Section4.14.RealProperty.

(a)Section4.14(a)oftheCompanyDisclosureSchedulesetsforthallrealpropertyownedbytheCompanyoranyoftheTransferredSubsidiariesasofthedatehereof(the“OwnedRealProperty”).NeithertheCompany

noranyoftheTransferredSubsidiarieshaseverownedanyrealpropertyotherthantheOwnedRealProperty.

(b)Section4.14(b)oftheCompanyDisclosureSchedulesetsforththeleaseswithrespecttorealpropertyleasedasofthedatehereofbytheCompanyoranyTransferredSubsidiary,aslessee(the“RealPropertyLeases”;therealpropertyspecifiedinsuchleasesbeingreferredtohereinasthe“LeasedRealProperty”).

(c)Alloftheland,buildings,structuresandotherimprovementsusedbytheCompanyoranyoftheTransferredSubsidiariesintheconductofitsBusinessareincludedintheOwnedRealPropertyandLeasedReal

Property.ExceptfortheRealPropertyLeases,thereisnolease(includingsublease)oroccupancyagreementineffectwithrespecttoanyOwnedRealPropertyorLeasedRealProperty.Thereisnopendingor,totheKnowledgeoftheCompany,threatenedActionregardingcondemnationorothereminentdomainProceedingsaffectinganyOwnedRealPropertyorLeasedRealProperty.ThereisnosaleorotherdispositionofanyOwnedRealPropertyinlieuofcondemnation.TotheKnowledgeoftheCompany,thereisnosaleorotherdispositionofanyLeasedRealPropertyinlieuofcondemnation.SinceJanuary1,2014tothedatehereof,noOwnedRealPropertyorLeasedRealPropertyhassufferedanymaterialdamagebyfireorothercasualtythathasnotbeenrepairedandrestored.

(d)TheCompanyortheTransferredSubsidiarythatisapartytoanyRealPropertyLeaseshasavalidandenforceableleaseholdinterestundereachoftheRealPropertyLeases,subjecttotheBankruptcyandEquity

Exceptionand,asofthedatehereof,andneithertheCompanynorsuchTransferredSubsidiaryhasreceivedanywrittennoticeofanydefaultundertheRealPropertyLeases,andtotheKnowledgeoftheCompanynoeventhasoccurredandnoconditionexiststhat,withnoticeorlapseoftimeorboth,wouldconstituteadefaultundertheRealPropertyLeases.Asofthedatehereof,nopartytoanyRealPropertyLeasehasexercisedanyterminationrightwithrespectthereto.TheCompanyoreachapplicableTransferredSubsidiaryhasprovidedtoAcquiroratrue,correctandcompletecopyofeachRealPropertyLease.EachRealPropertyLeaseisinfullforceandeffectandconstitutestheentireagreementbetweenthepartiesthereto,andtherearenootheragreements,whetheroralorwritten,betweensuchpartiesrelatingthereto.

(e)ExceptassetforthinSection4.14(e)oftheCompanyDisclosureSchedule,theCompanyorTransferredSubsidiaryhasgoodandmarketablefeesimpletitletoallOwnedRealProperty,subjectonlytoanyPermitted

Liens.NeithertheCompanynoranyTransferredSubsidiaryhasreceivedwrittenor,totheCompany’sKnowledge,oralnoticefromanyinsurancecompanythatsuchinsurancecompanywillrequireanyalterationtoanyOwnedRealPropertyforcontinuanceofapolicyinsuringanyOwnedRealPropertyorforthemaintenanceofanyratewithrespectthereto(otherthananynoticeofalterationthathasbeencompleted).

(f)ExceptaslistedinSection4.14(f)oftheDisclosureSchedule,thereisnopurchaseoption,rightoffirstrefusal,firstoptionorotherrightheldbytheCompanyoranyTransferredSubsidiarywithrespectto,oranyreal

estateorbuildingaffectedby,anyRealPropertyLeasethatisnotcontainedwithinsuchRealPropertyLease.

(g)TheuseandoccupancyofallOwnedRealPropertyandLeasedRealPropertyareinmaterialcompliancewithallapplicableLawsandallapplicableinsurancerequirements,includingthosepertainingtozoningmatters,andconforminallmaterialrespectstoallsuchapplicableLawsonacurrentbasiswithoutrelianceonanyvarianceorotherspeciallimitationorconditionalorspecialusepermit.

(h)NoportionofanyOwnedRealPropertyreliesonanyfacility(otherthanafacilityofapublicutilityorcommunitywaterandsewercompany)notlocatedonsuchapplicableparcelofOwnedRealPropertytofulfillany

zoning,buildingcodeorothergenerallyapplicablelanduserestrictionunderapplicableLaws.TotheCompany’sKnowledge,thereisnomaterialdefectinanystructuralcomponentofanyimprovementonanyOwnedRealPropertyorLeasedRealPropertyoranyofitselectrical,plumbing,HVAC,lifesafetyorotherbuildingsystems.

(i)TheCompanyandeachapplicableTransferredSubsidiaryhasmadeavailabletoAcquiroratrue,correctandcompletecopyofallALTAlandtitlesurveysandalltitleinsurancecommitmentsandpoliciesissuedtotheCompanyoranyoftheTransferredSubsidiariesthatareintheirpossessionorcontrolthatcoveranyoftheOwnedRealPropertyandLeasedRealProperty.

(j)TotheAffiant’sKnowledge,theinformationcontainedintheNon-ImputationAffidavitsandOwnedRealPropertyAffidavitsistrueandcorrect,subjectonlytoPermittedLiens.Forpurposesoftheforegoing,

“Affiant’sKnowledge”shallmean(andshallbelimitedto)theactual,personalknowledgeofDarrenSalvin.

Section4.15.Taxes.

(a)NeithertheCompanynoranyTransferredSubsidiaryoftheCompanythatisanentityorganizedunderthelawsoftheUnitedStatesoraStatethereofhasbeen,sincethetimeofitsformation,treatedasanentitythatis

notdisregardedasseparatefromitsownerorapartnershipforUnitedStatesfederalIncomeTaxandallotherIncomeTaxpurposes.NeithertheCompanynoranyTransferredSubsidiaryhaseverhadapermanentestablishmentinanycountryotherthanthecountryinwhichitwasincorporatedorformed.

(b)AllU.S.federalTaxReturnsforIncomeTaxesandothermaterialTaxReturnsrequiredtobefiledbyoronbehalfoftheCompanyandeachoftheTransferredSubsidiarieshavebeenfiledwiththeappropriateTax

Authority(aftergivingeffecttoanyvalidextensionsoftimewithinwhichtomakesuchfilings).TheCompanyandTransferredSubsidiarieshavepaidallmaterialTaxesdue(whetherornotshownonanyTaxReturn).NeithertheCompanynoranyTransferredSubsidiaryhasinwritingwaived(oragreedtoanextensionof)anystatuteoflimitationsinrespectofU.S.federalIncomeTaxesorothermaterialTaxeswhichwaiver(orextension)iscurrentlyineffect.

(c)TheCompanyandeachoftheTransferredSubsidiarieshavecompliedinallmaterialrespectswithallapplicableLawsrelatingtothewithholdingofTaxesandhavedulywithheldfromdistributionsorincomeallocable

tothirdpartiesandemployees’salaries,wagesandothercompensationandhavepaidovertotheappropriateTaxAuthorityallmaterialamountsrequiredtobesowithheldandpaidover.

(d)AllmaterialdeficienciesassertedinwritingormaterialassessmentsmadeinwritingasaresultofanyexaminationsbyanyTaxAuthorityofTaxReturnsoftheCompanyoranyoftheTransferredSubsidiarieshavebeenfullypaid,andnoothermaterialauditsormaterialinvestigationsbyanyTaxAuthorityrelatingtoanyTaxReturnsoftheCompanyoranyoftheTransferredSubsidiariesareinprogresswithrespecttowhichtheCompanyoranyoftheTransferredSubsidiarieshasreceivedwrittennoticefromaTaxAuthority.

(e)NeithertheCompanynoranyTransferredSubsidiaryisapartytoanyTaxsharingorallocationagreements(notincluding,forthispurposes,agreementsenteredintointheOrdinaryCourseofBusinesswhicharenot

principallyrelatedtoTaxes)withanentityotherthantheCompanyoraTransferredSubsidiarypursuanttowhichitwillhaveanyobligationtomakeanypaymentsaftertheClosingDate.

(f)TherearenoLiensforTaxesuponanyassetsoftheCompanyoranyTransferredSubsidiary.

(g)NoclaimhaseverbeenmadeinwritingbyaTaxAuthorityinajurisdictionwheretheCompanyoranyTransferredSubsidiarydoesnotfileanyTaxReturnthattheCompanyorsuchTransferredSubsidiaryissubjecttoTaxationinsuchjurisdiction.

(h)NeithertheCompanynoranyTransferredSubsidiarywillberequiredtoincludeanymaterialitemofincomein,orexcludeanymaterialitemofdeductionfrom,TaxableincomeforanyTaxableperiod(orportion

thereof)endingaftertheClosingDateasaresultofany:(1)changeinmethodofaccountingforaTaxableperiodendingonorbeforetheClosingDate;(2)“closingagreement”asdescribedinsection7121oftheCode(oranysimilarprovisionofanyApplicableLaw)executedonorbeforetheClosingDate;(3)installmentsaleoropentransactiondispositionmadeonorbeforetheClosingDate;or(4)prepaidamountreceivedonorbeforetheClosingDate.

(i)NeithertheCompanynoranyTransferredSubsidiaryhasbeenamemberofa*group(includinganaffiliatedgroup)withwhichithasfiledorbeenincludedinacombined,consolidatedorunitaryIncomeTaxReturn,

otherthananysuchgroupofwhichitiscurrentlyamember.NeithertheCompanynoranyTransferredSubsidiaryisliableforanymaterialamountofTaxofanyPersonotherthantheCompanyorsuchTransferredSubsidiaryunderprovisionssimilartothoseofTreasuryRegulationssection1.1502-6(oranysimilarprovisionofanyApplicableLaw),asatransfereeorsuccessor,byContractorotherwise,foranyPre-ClosingTaxPeriod.

(j)Noclosingagreementpursuanttosection7121oftheCode(oranypredecessorprovisionoranysimilarprovisionofanyApplicableLaw)hasbeenenteredintobyorwithrespecttotheCompanyoranyTransferred

SubsidiarywithrespecttoamaterialamountofTaxes.

Section4.16.InvestmentCompany.NeithertheCompanynoranyTransferredSubsidiaryisan“investmentcompany”,”oracompany“controlled”byoran“affiliatedcompany”withrespecttoan“investmentcompany,”ineachcaseassuchtermisdefinedintheU.S.InvestmentCompanyActof1940,asamended.

Section4.17.RegulatoryFilings.TheCompanyhasmadeavailableforinspectionbytheAcquiroranymaterialreports,filingsorsubmissionsmadebytheCompanywithanyGovernmentalAuthoritysinceJanuary1,

2014andpriortothedatehereof.

Section4.18.AffiliateAgreements.Section4.18oftheCompanyDisclosureSchedulecontainsacompleteandcorrectlistofallAffiliateAgreementsandContractsbetweentheCompanyoraTransferredSubsidiaryandanyofficer,director,governorormanagerof(oranypersonholdingasimilarpositionwith)theCompanyoranyoftheTransferredSubsidiaries.Noofficer,director,manager,Seller,SeriesAPreferredMemberorotherequityholderoftheCompanyoranyoftheTransferredSubsidiaries,noranyoftheirrespectiveAffiliates,(a)owns,licenses,leasesorhasanyinterestinanymaterialassetorproperty(whetherreal,personal,ormixedandwhethertangibleorintangible)usedintheBusinessor(b)hasbeeninvolvedinanybusinessarrangementorrelationship(includingasapartytoaContract)withtheCompanyoranyoftheTransferredSubsidiariesatanytimesinceJanuary1,2014,(otherthanasadirector,anemployeeoranindependentcontractorprovidingservicestotheCompanyortheTransferredSubsidiaries.

Section4.19.Assets.TheCompanyortheTransferredSubsidiaries,asapplicable,havegood,validandmarketabletitlesufficienttoenabletheAcquirortoconducttheBusinessanduseandoperatetheassetsofthe

CompanyortheTransferredSubsidiaries,asapplicable,insubstantiallythesamemannerastheCompanyortheTransferredSubsidiaries,asapplicable,haveconducted,usedandoperatedthesamepriortotheClosingDate,freeandclearofLiens,otherthanPermittedLiens,exceptaswouldnot,individuallyorintheaggregate,reasonablybeexpectedtobematerialtotheBusiness.AlltangibleassetsoftheCompanyandtheTransferredSubsidiariesareinoperatingconditionandaresuitableandsufficientforthepurposesforwhichtheyareused.

Section4.20.ProductWarranties.Eachproductmanufactured,sold,leasedordeliveredbytheCompanyoranyTransferredSubsidiaryisandwasatalltimeswhensuchactionsoccurredinconformanceinallmaterial

respectswithallapplicableContractualobligationsandapplicableLaw,FederalMotorVehicleSafetyStandards,RecreationalOff-HighwayVehicleAssociationStandards,andallapplicableexpressandimpliedwarranties.Section4.20oftheCompanyDisclosureSchedulecontainscopiesofthestandardtermsandconditionsofsaleandleasefortheCompanyandeachTransferredSubsidiary(includingapplicableguarantee,warrantyandindemnityprovisions).Noproductmanufactured,sold,leasedordeliveredbytheCompanyoranyTransferredSubsidiaryissubjecttoanyguarantee,warrantyorotherindemnitybeyondtheapplicablestandardtermsandconditionsofsaleandleaseshowninsuchSectionoftheCompanyDisclosureSchedule.

Section4.21.ProductsLiability.

(a)ExceptassetforthonScheduleSection4.21,sincethedatethatwasthreeyearsprecedingthedatehereof,totheKnowledgeoftheCompany,nomaterialproductliabilityclaimhasbeenmadeinwritingagainstthe

CompanyoranyTransferredSubsidiary.ExceptassetforthonScheduleSection4.21,sincethedatethatwasthreeyearsprecedingthedatehereof,neithertheCompanynoranyTransferredSubsidiaryhasreceivedwrittennoticeastoanymaterialclaimfor(i)personalinjuryordeath,(ii)property,economic,punitiveorexemplarydamages,(iii)contributionorindemnificationor(iv)injunctiverelief,ineachcaseinconnectionwithanyproductmanufactured,sold,leasedordistributedbytheCompanyoranyTransferredSubsidiary.

(b)ExceptassetforthonScheduleSection4.21,sincethedatethatwasthreeyearsprecedingthedatehereof,therehasnotbeenanymaterialproductrecall(voluntary,involuntaryorotherwise)bytheCompanyorany

TransferredSubsidiary.Section4.22.SuppliersandCustomers.Section4.22oftheCompanyDisclosureScheduleliststhe15largestsuppliersbydollarvolume(listingthedollarvolumeforeach)ofproductsandservicestotheCompany

andtheTransferredSubsidiaries,intheaggregate(eacha“MaterialSupplier”),andthe15largestcustomersbydollarvolume(listingthedollarvolumeforeach)ofproductsandservicesoftheCompanyandtheTransferredSubsidiaries,intheaggregate(eacha“MaterialCustomer”),ineachcaseforthe12‑monthperiodendedonJune30,2016.Section4.22oftheCompanyDisclosureSchedulelistseachtradeallowance,tradein,billback,rebate,discountorsimilarprogramoforfortheCompanyoranyTransferredSubsidiaryforthebenefitoforwithanyMaterialSupplierorCustomeroftheCompanyoranyTransferredSubsidiary.

Section4.23.ImportsandExports.EachapplicableUnitedStatesandotherCustomsDutywithrespecttotheCompanyandeachTransferredSubsidiaryhasbeenpaid.Withrespecttotheimportsintoandexports

fromtheUnitedStatesoftheCompanyandeachTransferredSubsidiary(ifany),(a)adequatecashdepositsandbondshavebeenpostedwithrespecttoallentriesthatarenotyetliquidatedandfinaland(b)noentryhasbeensubjectedtosuspensionofliquidationpursuanttoantidumpingorcountervailingdutyorders.NeithertheCompanynoranyTransferredSubsidiaryisthesubjectofanyUnitedStatesCustomsandBorderProtectionprepenaltynoticeorpenaltyclaim,claimforliquidateddamagesorclaimforredeliveryofmerchandisetocustomscustody.TheCompanyandeachTransferredSubsidiaryhasmaintainedatleastfiveyears’worthofimportrecordsasrequiredbysections508and509oftheTariffActof1930(totheextentapplicabletotheCompanyoranyTransferredSubsidiary).“CustomsDuty”meansanyTax,tariff,fee,expense,processingchargeorotherimpostimposedbyanyGovernmentalAuthorityuponanyitembyreasonofsuchitem’simportationintotheUnitedStatesoranyothercountry.

Section4.24.AbsenceofCertainBusinessPractices.

(a)Forthepastfiveyears,noneoftheCompanyortheTransferredSubsidiariesandnoneoftheirrespectiveAffiliates,directors,officers,equityholdersoremployeesoranyotherPersons,ineachcaseactingonbehalforforthebenefitoftheCompanyoranyTransferredSubsidiary,andtotheKnowledgeoftheCompany,noneoftheBAICJVandnoneofitsAffiliates,directors,officers,equityholdersoremployeesoranyotherPersonsactingonbehalfoforforthebenefitoftheBAICJV,hasdirectlyorindirectlyofferedorprovidedmoneyoranythingelseofvaluetoanyPersoninviolationoftheU.S.ForeignCorruptPracticesActof1977,asamended(“FCPA”),oranyotheranti-bribery/anti-corruptionLawapplicabletosuchentity.Forthepastfiveyears,noneoftheCompanyortheTransferredSubsidiariesandnoneoftheirrespectiveAffiliates,directors,officers,equityholdersoremployeesoranyotherPersons,ineachcaseactingonbehalforforthebenefitoftheCompanyoranyTransferredSubsidiaryandtotheKnowledgeoftheCompany,noneoftheBAICJVandnoneofitsAffiliates,directors,officers,equityholdersoremployeesoranyotherPersonsactingonbehalfoforforthebenefitoftheBAICJV,hasdirectlyorindirectlyacceptedorreceivedanyunlawfulcontributions,payments,gifts,orexpenditures.

(b)Forthepastfiveyears,noneoftheCompanyortheTransferredSubsidiariesandnoneoftheirrespectiveAffiliates,directors,officers,equityholdersoremployeesoranyotherPersons,ineachcaseactingonbehalfor

forthebenefitoftheCompanyoranyTransferredSubsidiary,andtotheKnowledgeoftheCompany,noneoftheBAICJVandnoneofitsAffiliates,directors,officers,equityholdersoremployeesoranyotherPersonsactingonbehalfoforforthebenefitoftheBAICJV,has(i)beensubjecttoanyGovernmentalOrderwithrespecttoanyactualorallegednon-compliancewiththeFCPAanyotherapplicableanti-bribery/anti-corruptionLaw,(ii)receivedanywrittennotice,demandletter,federalorstate(orothernational,regionalorlocal)administrativeinquiry,subpoena,orformalcomplaintorclaimwithrespecttoanyactualorallegednon-compliancewiththeFCPAanyotherapplicableanti-bribery/anti-corruptionLawortheenforcementthereof,(iii)beenthesubjectofanycriminalProceedingsorconvictedofanyfelonyormisdemeanorinrelationtotheFCPAanyotherapplicableanti-bribery/anti-corruptionLaw,or(iv)beenthesubjectofanyinvestigationinvolvinganyGovernmentalAuthorityorProceedingthatmayresultinanyfineorpenaltyinrelationtotheFCPAanyotherapplicableanti-bribery/anti-corruptionLaw.

Section4.25.EnvironmentalMatters.

(a)ThereisnomaterialEnvironmentalClaimpendingor,totheCompany’sKnowledge,threatened(i)againsttheCompanyoranyTransferredSubsidiaryor(ii)againstanyPersonwhoseLossesforsuchEnvironmental

ClaimtheCompanyoranyTransferredSubsidiaryhasretainedorassumedbyContractorunderanyapplicableLaws.TotheCompany’sKnowledge,noincident,eventorReleasehasoccurredthatcouldreasonablybeexpectedtoformthebasisofamaterialEnvironmentalClaimagainsttheCompanyoranyTransferredSubsidiaryoragainstanyPersonwhoseLossesforsuchmaterialEnvironmentalClaimtheCompanyoranyTransferredSubsidiaryhasretainedorassumedbyContractorunderanyapplicableLaws.

(b)TheCompanyandeachoftheTransferredSubsidiarieshasobtainedeachmaterialEnvironmentalPermitthatitisorwasrequiredtoobtainunderanyEnvironmentalLawfortheoperationofthebusinessofthe

CompanyoranyTransferredSubsidiaryaspresentlyconducted.TheCompanyandeachoftheTransferredSubsidiariesisincomplianceinallmaterialrespectswithallEnvironmentalLawsandthetermsandconditionsofallPermitsissuedwithrespecttotheCompanyoranyTransferredSubsidiarypursuanttoanyEnvironmentalLaw.TotheCompany’sKnowledge,noincident,eventorReleasewithrespecttotheCompanyoranyTransferredSubsidiaryhasoccurredthatcouldreasonablybeexpectedtopreventorinterferewithsuchmaterialcompliancebytheCompanyoranyTransferredSubsidiaryinthefuture,includinganyfailuretomakeatimelyapplicationorsubmissionforrenewalofanysuchEnvironmentalPermit.

(c)TotheCompany’sKnowledge,allon‑siteandoff‑sitelocationswheretheCompanyoranyTransferredSubsidiaryhasstored,disposedorarrangedforthedisposalofanyHazardousMaterialsandallon‑siteandoff‑site

locationswheretheCompanyoranyTransferredSubsidiaryhasdisposedorarrangedforthedisposalofanyotherwastematerialcoveredbyEnvironmentalLawssinceJanuary,2007havebeenutilizedincompliancewithallEnvironmentalLaws.TotheCompany’sKnowledge,allundergroundstoragetanksandallwellsandotherborings(regardlessofwhethersuchwellsorboringsareinuse)locatedonanyoftheOwnedRealPropertyorLeasedRealPropertyareincompliancewithallEnvironmentalLaws.

(d)Thereisnotpresentin,onorunderanyoftheOwnedRealPropertyorLeasedRealPropertyReleaseofHazardousMaterialinsuchformorquantityastocreateanymaterialLossesfortheCompanyoranyTransferred

SubsidiaryunderanyEnvironmentalLaw.NeithertheCompanynoranyTransferredSubsidiaryhasused,Released,treated,disposedoforarrangedforthedisposalofanyHazardousMaterialinanymannersoastocreateanymaterialLossesunderanyEnvironmentalLawtotheCompanyoranyTransferredSubsidiaryorAcquiror.

(e)CompanyhasmadeavailabletoAcquiroratrue,correctandcompletecopyofallreports,EnvironmentalPermitsandothermaterialsdocumentsofwhichCompanyhasKnowledgeandpossessionrelatingtothestatusof

anyoftheOwnedRealPropertyorLeasedRealPropertyorotherwiserelatingtothebusinessoftheCompanyoranyTransferredSubsidiarywithrespecttoanyEnvironmentalLaw,includingthatCompanyhasmadeavailabletoAcquiroratrue,correctandcompletecopyofallPhaseIandPhaseIIenvironmentalsiteassessmentspreparedinthelastfive(5)yearsthatareinthepossessionorcontroloftheCompanyandanyTransferredSubsidiaryrelatedtoanyoftheOwnedRealPropertyorLeasedRealProperty.

Section4.26.Brokers.ExceptforJefferiesLLCandHoulihanLokey,Inc.,nobroker,finderorinvestmentbankerisentitledtoanybrokerage,finder’sorotherfeeorcommissioninconnectionwiththeconsummation

ofthetransactionscontemplatedbythisAgreementortheorigination,negotiation,orexecutionofthisAgreement,ineachcasebaseduponarrangementsmadebyoronbehalfoftheCompany.TheCompanyissolelyresponsibleforanyfeesandexpensespayabletoJefferiesLLCandHoulihanLokey,Inc.

Section4.27.NoOtherRepresentationsorWarranties.ExceptfortherepresentationsandwarrantiescontainedinthisARTICLEIVorexpresslysetforthinaTransactionAgreementotherthanthisAgreement,neither

theCompanynoranyotherPersonmakesanyotherrepresentationorwarrantyofanykindornaturewhatsoever,oralorwritten,expressorimplied,withrespecttotheCompany,theTransferredSubsidiaries,theBusiness,theTransactionAgreementsortheTransactions,includinganyrelatingtothefinancialcondition,resultsofoperations,assetsorliabilitiesofanyoftheforegoingentitiesortotheaccuracyorcompletenessofanyinformationregardingtheCompanyfurnishedormadeavailabletotheAcquiror(includinganyinformation,documentsormaterialmadeavailabletotheAcquirorintheelectronicdocumentationsiteestablishedbyIntralinks,Inc.onbehalfoftheCompany,inmanagementpresentationsorinanyotherforminexpectationofthetransactionscontemplatedhereby).Fortheavoidanceofdoubt,noneoftheCompanynoritsAffiliatesnoranyofitsortheirrespectiveRepresentativesmakesanyrepresentationsorwarrantiestotheAcquirororanyotherPersonregardingtheprobablesuccessorprofitabilityoftheCompany,theTransferredSubsidiariesortheBusiness(whetherbeforeoraftertheClosing).

TherepresentationsandwarrantiesmadeinSection4.12withrespecttoTaxesandtherepresentationsandwarrantiesmadeinSection4.15aretheonlyrepresentationsandwarrantiesmadebytheCompanywithrespectto

mattersrelatingtoTaxes(includingTaxReturns,Taxsharingagreements,TaxclaimsandActionsrelatedtoTaxes).

ARTICLEV

REPRESENTATIONSANDWARRANTIESOFTHEACQUIROR

TheAcquirorherebyrepresentsandwarrantstotheSellersandtheCompanyasfollows:

Section5.01.IncorporationandAuthorityoftheAcquiror.

(a)TheAcquirorisdulyincorporated,validlyexistingandingoodstandingundertheLawsofitsjurisdictionofincorporationandhastherequisitecorporatepowerandauthoritytoconductit*businessaspresentlyconducted,exceptwherethefailuretobesoincorporated,existingoringoodstandingortohavesuchpowerorauthority,individuallyorintheaggregate,wouldnotreasonablybeexpectedtohaveanAcquirorMaterialAdverseEffect.TheAcquirorisdulyqualifiedasaforeigncorporationorotherorganizationtodobusiness,andisingoodstanding,ineachjurisdictionwherethecharacterofitsowned,operatedorleasedpropertiesorthenatureofitsactivitiesmakessuchqualificationandgoodstandingnecessary,exceptforfailurestosoqualifyorbeingoodstandingthat,individuallyorintheaggregate,wouldnotreasonablybeexpectedtohaveanAcquirorMaterialAdverseEffect.

(b)TheAcquirorhasallrequisitecorporateorotherapplicableorganizationalpowertoenterinto,consummatethetransactionscontemplatedbyandcarryoutit*obligationsunder,eachoftheTransactionAgreementsto

whichitisaparty.

(c)Theexecution,deliveryandperformancebytheAcquirorofeachoftheTransactionAgreementstowhichitisapartyandtheconsummationbytheAcquirorofthetransactionscontemplatedbyeachoftheTransactionAgreementstowhichitisapartyhavebeenorwillbepriortotheClosing(asapplicable)dulyandvalidlyauthorizedandapprovedbyallrequisitecorporateonthepartoftheAcquiror,andsuchauthorizationandapprovalremainsinfullforceandeffect.EachoftheTransactionAgreementstowhichtheAcquirorisapartyhasbeen,oruponexecutionanddeliverythereofwillbe,dulyexecutedanddeliveredbytheAcquiror.

(d)Assumingdueauthorization,executionanddeliverybytheotherpartiesheretoorthereto,eachoftheTransactionAgreementstowhichtheAcquirorisapartyconstitutes,oruponexecutionanddeliverythereofwill

constitute,thelegal,validandbindingobligationoftheAcquiror,enforceableagainstitinaccordancewithitsterms,subjectineachcasetotheBankruptcyandEquityException.

Section5.02.ConsentsandApprovals.ExceptasrelatedtotheidentityorregulatorystatusoftheCompanyoritsAffiliatesandexceptinconnection,orincompliance,with(a)thenotificationandwaitingperiodrequirementsoftheHSRActtheexecution,deliveryandperformancebytheAcquiroroftheTransactionAgreementstowhichitisapartydonot,andtheconsummationbytheAcquirorofthetransactionscontemplatedbytheTransactionAgreementstowhichitisapartywillnot,requireanyGovernmentalApprovaltobeobtainedormadebytheAcquiror,exceptforanyGovernmentalApprovalsthefailuretoobtainormakewhich,individuallyorintheaggregate,wouldnotreasonablybeexpectedtohaveanAcquirorMaterialAdverseEffect.

Section5.03.NoConflict.ExceptasrelatedtotheidentityorregulatorystatusoftheCompanyoritsAffiliates,theexecutionanddeliverybytheAcquirorof,andtheconsummationbytheAcquirorofthetransactions

contemplatedby,theTransactionAgreementstowhichtheAcquirorisapartydonotandwillnot(a)violateorconflictwiththeorganizationaldocumentsoftheAcquiror,(b)assumingthemakingandtheobtainingoftheGovernmentalApprovalsreferredtoinSection5.02ofthisAgreement,totheKnowledgeoftheAcquiror,conflictwithorviolateanyLaworGovernmentalOrderapplicabletotheAcquirororanyofitsAffiliatesorbywhichanyofthemoranyoftheirpropertiesorassetsareboundorsubjector(c)resultinanybreachof,orconstituteadefault(oreventwhich,withthegivingofnoticeorlapseoftimeorboth,wouldconstituteadefault)under,orgivetoanyPersonanyrightsoftermination,accelerationorcancellationoforresultinthecreationofanyLien(otherthanPermittedLiens)onanyoftheassetsorpropertiesoftheAcquirororanyofitsAffiliatespursuantto,anymaterialcontractoranynote,bond,loanorcreditagreement,mortgageorindenturetowhichtheAcquirororanyofitsAffiliatesisapartyorbywhichanyofthemoranyoftheirrespectivepropertiesorassetsisboundorsubject,except,inthecaseofclauses(b)and(c)ofthisSection5.03,foranysuchconflicts,violations,breaches,defaults,terminations,accelerations,cancellationsorcreationsthat,individuallyorintheaggregate,wouldnotreasonablybeexpectedtohaveanAcquirorMaterialAdverseEffect.

Section5.04.AbsenceofLitigation.Asofthedatehereof,therearenomaterialActionspendingor,totheKnowledgeoftheAcquiror,threatenedinwritingagainsttheAcquirororanyofitsAffiliatesoranyoftheir

respectiveassets,propertiesorbusinessesthat(i)questionthelegalityofthetransactionscontemplatedbyanyoftheTransactionAgreementsor(ii)individuallyorintheaggregate,wouldreasonablybeexpectedtohaveanAcquirorMaterialAdverseEffect.

Section5.05.SecuritiesMatters.TheUnitsarebeingacquiredbytheAcquirorforitsownaccountandwithoutaviewtothepublicdistributionorsaleofanyoftheUnitsoranyinterestinthem.TheAcquirorhas

sufficientknowledgeandexperienceinfinancialandbusinessmatterssoastobecapableofevaluatingthemeritsandrisksofitsinvestmentintheUnits,andtheAcquiroriscapableofbearingtheeconomicrisksofsuchinvestment,includingacompletelossofitsinvestmentintheUnits.TheAcquirorunderstandsandagreesthatitmaynotsell,transfer,assign,pledgeorotherwisedisposeofanyoftheUnitsotherthanpursuanttoaregisteredofferingincompliancewith,oratransactionexemptfrom,theregistrationrequirementsoftheSecuritiesActandapplicablestateandforeignsecuritiesLaws.

Section5.06.FinancialAbility.TheAcquirorhasasofthedateofthisAgreementandwillhaveattheClosingsufficientcashavailableorborrowingfacilitieswhichtogetherwillbesufficienttopermittheAcquirorto

consummatethetransactionscontemplatedbythisAgreementandtheotherTransactionAgreementsandtopayallrelatedfeesandexpenses.TheAcquirorhasprovidedtheCompanywithaccurateandcompletecopiesofmaterialsevidencingtheavailabilityoffundspossessedbyoravailabletoAcquirorsufficientforthetransactionscontemplatedbythisAgreement.Notwithstandinganythingtothecontrarycontainedherein,theAcquiroracknowledgesandagreesthatit*obligationstoconsummatethetransactionscontemplatedherebyarenotcontingentontheabilitytoobtainanythirdpartyfinancing.

Section5.07.Investigation.TheAcquiroracknowledgesandagreesthatit(a)hasmadeitsowninquiryandinvestigationinto,and,basedthereon,hasformedanindependentjudgmentconcerning,theCompany,the

TransferredSubsidiariesandtheBusinessand(b)hasbeenfurnishedwithorgivenaccesstosuchinformationabouttheCompany,theTransferredSubsidiariesandtheBusinessasithasrequested.TheAcquirorfurtheracknowledgesandagreesthat(i)theonlyrepresentations,warranties,covenantsandagreementsmadebyanySeller,theCompany,anyoftheirrespectiveAffiliatesortheirrespectiveRepresentativesoranyotherPersonaretherepresentations,warranties,covenantsandagreementsmadeinthisAgreementorexpresslysetforthinanotherTransactionAgreement,(ii)exceptassetforthinARTICLEIII,ARTICLEIV,orasexpresslysetforthinaTransactionAgreementotherthanthisAgreement,noneoftheSellers,theCompanyoranyoftheirrespectiveAffiliatesortheirrespectiveRepresentativesmakesanyotherrepresentationorwarrantyofanykindornaturewhatsoever,oralorwritten,expressorimplied,withrespecttoanyoftheSellers,theCompany,theirrespectiveAffiliates,theTransferredSubsidiaries,theBusiness,theTransactionAgreementsorthetransactionscontemplatedbytheTransactionAgreements,includinganyrelatingtothefinancialcondition,resultsofoperations,assetsorliabilitiesofanyoftheforegoingentitiesand(iii)noneoftheSellers,theCompanynoranyoftheirrespectiveAffiliatesortheirrespectiveRepresentativesmakesanyrepresentationorwarrantyasto(A)theoperationoftheCompanyortheTransferredSubsidiariesbytheAcquirororitsAffiliatesaftertheClosinginanymanneror(B)theprobablesuccessorprofitabilityoftheCompany,theTransferredSubsidiariesortheBusiness(whetherbeforeoraftertheClosing).ExceptfortherepresentationsandwarrantiescontainedinARTICLEIII,ARTICLEIVorasexpresslysetforthinaTransactionAgreementotherthanthisAgreement,theAcquirorhasnotrelieduponanyotherrepresentationsorwarrantiesoranyotherinformationmadeorsuppliedbyoronbehalfoftheSellers,theCompanyoranyoftheirrespectiveAffiliatesortheirrespectiveRepresentatives,andtheAcquiroracknowledgesandagreesthatnoneoftheSellers,theCompany,theirrespectiveAffiliatesortheirrespectiveRepresentativeshasanyliabilityorresponsibilityforanyotherrepresentation,warranty,opinion,projection,forecast,advice,statementorinformationmade,communicatedorfurnished(orallyorinwriting)totheAcquirororitsAffiliatesortheirrespectiveRepresentatives(includinganyopinion,projection,forecast,advice,statementorinformationthatmayhavebeenormaybeprovidedtotheAcquirorbyanyRepresentativeofanySeller,theCompanyoranyoftheirrespectiveAffiliates).

Section5.08.NoAcquirorMaterialAdverseEffect.SinceJanuary1,2016,noeventhasoccurredorcirc*mstancehasarisenthat,individuallyorintheaggregate,hashadorwouldreasonablybeexpectedtohavean

AcquirorMaterialAdverseEffect.

Section5.09.Brokers.ExceptforBankofAmericaMerrillLynch,nobroker,finderorinvestmentbankerisentitledtoanybrokerage,finder’sorotherfeeorcommissioninconnectionwiththeconsummationofthetransactionscontemplatedbythisAgreementbaseduponarrangementsmadebyoronbehalfoftheAcquirororitsAffiliates.TheAcquirorissolelyresponsibleforanyfeesandexpensespayabletoBankofAmericaMerrillLynch.

Section5.10.NoOtherRepresentationsorWarranties.ExceptfortherepresentationsandwarrantiescontainedinthisARTICLEVorasexpresslysetforthinaTransactionAgreementotherthanthisAgreement,

neithertheAcquirornoranyofitsAffiliatesortheirrespectiveRepresentativesmakesanyotherrepresentationorwarrantyofanykindornaturewhatsoever,oralorwritten,expressorimplied,withrespecttoitself,itsAffiliates,theirrespectivebusinesses,theTransactionAgreementsortheTransactions.

ARTICLEVI

ADDITIONALAGREEMENTS

Section6.01.ConductofBusinessPriortotheClosing.SubjecttoanyapplicableLaws,duringtheperiodfromthedatehereofthroughtheClosing,except(a)asexpresslyrequiredbythisAgreement,(b)formattersidentifiedinSection6.01oftheCompanyDisclosureSchedule,or(c)astheAcquirorotherwiseconsents(whichconsentshallnotbeunreasonablywithheld,delayedorconditioned),theCompanyshall,andshallcausetheTransferredSubsidiariesto,(x)conducttheBusinessintheOrdinaryCourseofBusiness,(y)usecommerciallyreasonableeffortspreserveintacttheirrespectivebusinessorganizationsandmaintaintheircurrentsignificantbusinessrelationshipsandgoodwillwithcustomers,suppliersandserviceprovidersofandtotheirrespectivebusinessesand(z)notdoanyofthefollowing:

(i)repurchase,redeem,repayorotherwiseacquire,directlyorindirectly,anyoutstandingshares(orotherapplicableunit)ofInterests,UnitsorothersecuritiesoftheCompanyoranyoftheTransferredSubsidiaries;(ii)transfer,issue,grant,sell,pledge,disposeof,orotherwisesubjecttoanyLien(otherthanPermittedLiens)anyshares(orotherapplicableunit)ofInterestsorothersecuritiesoftheCompanyoranyoftheTransferred

Subsidiariesoranyoptions,warrants,callsorotherrightstopurchaseorotherwiseacquireanyshares(orotherapplicableunit)ofInterestsorothersecuritiesoftheCompanyoranyoftheTransferredSubsidiaries;(iii)declare,setaside,makeorpayanycashornon-cashdividendsorotherdistributions(whetherinstock,propertyorotherwise)withrespecttoanyofitsequityinterests,exceptfordividends,distributionsorother

paymentsbyanydirectorindirectwholly-ownedTransferredSubsidiarytotheCompanyoranyotherwholly-ownedTransferredSubsidiary;(iv)effectanyrecapitalization,reclassification,combination,subdivision,stocksplitorsimilarchangeinthecapitalizationoftheCompanyoranyoftheTransferredSubsidiaries;(v)otherthanamendmentstothecertificateofincorporationorby-laws(orcomparableorganizationaldocuments)oftheCompanyoranyoftheTransferredSubsidiariesnecessarytogiveeffecttothepaymentofthe

SeriesAAmounttothePersonslistedonSection6.01(i)oftheCompanyDisclosureSchedule,amendthecertificateofincorporationorby-laws(orcomparableorganizationaldocuments)oftheCompanyoranyoftheTransferredSubsidiaries;(vi)purchase,sell,lease,exchangeorotherwisedisposeoforacquireanypropertyorassets(otherthantransactionsoccurringintheOrdinaryCourseofBusiness);(vii)enterintoanyleaseofrealproperty(otherthanintheOrdinaryCourseofBusiness);(viii)makeanycapitalexpenditure(otherthancapitalexpendituresrequiredbyanyContractdisclosedtotheAquirortowhichtheCompanyoraTransferredSubsidiaryisapartythatisineffectasofthedatehereof)for

whichtheaggregateconsiderationpaidorpayableinanyindividualtransactionisinexcessof$1,000,000orintheaggregateinexcessof$5,000,000;

(ix)adoptaplanofcompleteorpartialliquidation,dissolution,merger,consolidationorrecapitalizationoftheCompanyoranyTransferredSubsidiary;(x)(A)incuranyIndebtedness(otherthanIndebtednessincurredunderexistingrevolvingcreditfacilitiesintheOrdinaryCourseofBusiness)orissueanydebtsecurities,(B)assume,grant,guaranteeorendorse,or

otherwiseasanaccommodationbecomeresponsiblefor,theobligationsofanyPerson,(C)makeanyloans,advances,capitalcontributionsto,orinvestmentsin,anyotherPerson(otherthanasrequiredbyanyContractdisclosedtotheAcquirortowhichtheCompanyoraTransferredSubsidiaryisapartythatisineffectasofthedatehereoforintheOrdinaryCourseofBusiness),or(D)makeorpledgetomakeanymaterialcharitablecontribution;

(xi)enterinto,amend(inanymaterialrespect),waiveorreleaseanymaterialrights,claimsorbenefitsunder,or,otherthanpursuanttoitscurrentterms,terminate,reneworextendanyMaterialContract(otherthan,with

respecttoContractsthatarenotRealPropertyLeases,intheOrdinaryCourseofBusiness);providedthattheCompanymayenterintooramendofficers’anddirectors’liabilityinsurance(“TailD&OInsurance”)coveringtheofficersanddirectorswhoare,asofandpriortotheClosingDate,coveredbytheCompany’sanditsSubsidiaries’officers’anddirectors’liabilityinsurancepolicies,ontermssubstantiallysimilartothetermsofsuchcurrentinsuranceineffectfortheCompanyanditsSubsidiariespriortotheClosing,solongasallpremiumspayableinrespectofsuchTailD&OInsurancesoenteredintooramendedarepaidbytheCompanyanditsSubsidiariesonorbeforeClosing;

(xii)enterinto,amend(inanymaterialrespect),waiveorreleaseanymaterialrights,claimsorbenefitsunder,or,otherthanpursuanttoitscurrentterms,terminate,reneworextendanyContracttopayorreceiveany

royaltyorlicensefeeortolicense(eitheraslicensororlicensee)anyIntellectualProperty(otherthananynon‑exclusivelicensefortheuseofanycommerciallyavailableoff‑the‑shelfsoftware);(xiii)exceptasrequiredbyLaworbyanyBenefitPlaninexistenceonthedatehereoforinvolvingincreasesorchangesintheOrdinaryCourseofBusiness,(A)grant,increaseoracceleratethevestingorpaymentof,or

announceorpromisetogrant,increaseoracceleratethevestingorpaymentof,anywages,salaries,bonuses,incentives,severancepay,othercompensation,pensionorotherbenefitspayableorpotentiallyavailabletoanyemployeeor(B)establish,adopt,increaseormateriallyamendanyBenefitPlan,oranyarrangementthatwouldhavebeenaBenefitPlanhaditbeenenteredintopriortothisAgreement;

(xiv)enterintoanycollectivebargainingagreementorotheragreementwithalaborunion,workscouncilorsimilarorganization;(xv)settleorcompromiseanyActionorthreatenedinwritingActionotherthananysettlementorcompromisethatinvolvessolelycashpaymentsnotintheaggregateinexcessof$250,000andotherthananysettlement

orcompromisewithanyTaxAuthority;or

(xvi)makeanychangeinanymethodofaccountingoraccountingpracticeorpolicy,exceptasrequiredbyapplicableLaworGAAP;(xvii)permitthelapseofanyrightinanymaterialIntellectualPropertyoftheCompanyotherthanintheOrdinaryCourseofBusiness;(xviii)transfertoanyPersonanyrightsinIntellectualPropertyoftheCompany,exceptfornon-exclusiveoutboundlicensesorserviceagreementsenteredintointheOrdinaryCourseofBusiness;(xix)enterintoContractunderwhichtheCompanyoranyoftheTransferredSubsidiarieswouldberestrictedfromselling,licensingorotherwisedistributinganyproductsorprovidingservicestocustomersorpotential

customersoranyclassofcustomers;(xx)sell,lease,license,otherwisedisposeoforotherwisesubjecttoaLien(otherthanaPermittedLien)amaterialamountofassetsoftheCompanyortheTransferredSubsidiaries,orineithercase,anyintereststherein,

except(i)pursuanttoanyContracttowhichtheCompanyoraTransferredSubsidiaryisapartythatisineffectasofthedatehereofandwhichhasbeendisclosedtotheAcquiror,(ii)thedisposalofobsoleteinventoryorotherassetsor(iii)otherwiseintheOrdinaryCourseofBusiness;

(xxi)failtopreserveandmaintainalloftheOwnedRealPropertyandtheLeasedRealPropertyinsubstantiallythesameconditionasexistedonthedatehereof,ordinarywearandtearandanychangescausedbyfire,

earthquake,flood,windstorm,terrorism,actsofwar,sabotage,militaryactions,hostilities,civilunrestandothersimilareventsexcepted,orerectanynewmaterialimprovementordemolishanyexistingimprovementonanyoftheOwnedRealPropertyorLeasedRealProperty;

(xxii)failtoprepareandtimelyfileallmaterialTaxReturnswithrespecttotheCompanyandeachTransferredSubsidiaryrequiredtobefiledbeforeClosingortimelywithholdandremitanymaterialamountof

employmentTaxesrequiredtoberemittedbytheCompanyoranyTransferredSubsidiary,(B)fileanyamendedTaxReturnrelatingtoamaterialamountofTaxes,(C)makeorchangeanyelectionwithrespecttoanymaterialamountofTaxesor(D)settleorcompromiseanymaterialTaxliability,enterintoanyTaxclosingagreementrelatingtoanymaterialamountofTax,surrenderanyrighttoclaimarefundofamaterialamountofTaxes,waiveanystatuteoflimitationsregardinganymaterialTax,agreetoanyextensionoftimeregardingtheassessmentofanymaterialTaxdeficiencyortakeanyothersimilaractionrelatingtoanymaterialamountofTax;or

(xxiii)announceanintention,enterintoanylegallybindingcommitment,orotherwisecommittodoanyoftheforegoing.

Section6.02.AccesstoInformation.

(a)FromthedatehereofuntiltheClosingDate,subjecttoanyapplicableLaw,theattorney-clientorotherlegalprivileges,uponreasonablepriornotice,theCompanyshall,andshallcauseeachoftheTransferred

SubsidiariesandeachsuchPerson’srespectiveRepresentativesto,(i)affordtheRepresentativesoftheAcquirorreasonableaccess,duringnormalbusinesshours,totheoffices,properties,facilities,booksandrecordsoftheCompanyandtheTransferredSubsidiaries,(ii)furnishtotheRepresentativesoftheAcquirorsuchadditionalfinancialandoperationaldataandotherinformationregardingtheCompanyandtheTransferredSubsidiariesastheAcquirormayfromtimetotimereasonablyrequestand(iii)makeavailabletotheRepresentativesoftheAcquirortheemployeesoftheCompanyandtheTransferredSubsidiarieswhoseassistanceandexpertiseisrelevanttoassisttheAcquirorinconnectionwiththeAcquiror’spreparationtointegratetheCompany,theTransferredSubsidiariesandtheirbusinessesandpersonnelintotheAcquiror’sorganizationfollowingtheClosing;provided,however,thatthereasonablenessofsuchaccessandrequestsshallbedeterminedbytakingintoaccount,amongotherconsiderations,thesensitivenatureofthetransactionscontemplatedbythisAgreement;provided,further,thatsuchinvestigationshallnotunreasonablyinterferewithanyofthebusinessesoroperationsoftheCompanyortheTransferredSubsidiaries;provided,further,thattheauditorsandindependentaccountantsoftheCompanyandtheTransferredSubsidiariesshallnotbeobligatedtomakeanyworkpapersavailabletoanyPersonunlessanduntilsuchPersonhassignedacustomaryconfidentialityandholdharmlessagreementrelatingtosuchaccesstoworkpapersinformandsubstancereasonablyacceptabletosuchauditorsorindependentaccountants.IfsoreasonablyrequestedbytheCompany,theAcquirorshallenterintoacustomaryjointdefenseagreementinformandsubstancereasonablyacceptabletotheAcquirorwithanyoneormoreoftheSellers,theCompanyandtheTransferredSubsidiarieswithrespecttoanyinformationtobeprovidedtotheAcquirorpursuanttothisSection6.02(a).TheAcquirorshallreimbursetheCompanypromptlyforanyreasonableout-of-pocketthird-partyexpenses(butexcludingthird-partylegalfees)incurredbytheCompanyandanyofitsAffiliatesincomplyingwithanyrequestbyoronbehalfoftheAcquirororanyofitsAffiliatesinconnectionwiththisSection6.02(a).

(b)InadditiontotheprovisionsofSection6.03,foraperiodofsix(6)yearspost-Closing,inconnectionwith(x)anyresponsetotherequestoratthedirectionofa*governmentalAuthority,(y)thepreparationofTax

ReturnsorotherdocumentsrelatedtoTaxmattersand(z)anyclaimsmadebyoragainsttheSellers(astheyrelatetotheCompanyortheTransferredSubsidiaries),subjecttoanyapplicableLaw,theattorney-clientorotherlegalprivilegesandcontractualconfidentialityobligations,uponreasonablepriornotice,theAcquirorshall,andshallcausetheCompanyandtheTransferredSubsidiariesto,affordtheSellers’RepresentativeandeachSelleranditsAffiliatesandRepresentativesreasonableaccess,duringnormalbusinesshours,tothepre-ClosingbooksandrecordsoftheCompanyandtheTransferredSubsidiaries(including,fortheavoidanceofdoubt,TaxReturnsandotherinformationanddocumentsrelatingtoTaxmatters);provided,however,thatsuchinvestigationshallnotunreasonablyinterferewiththebusinessoroperationsoftheAcquirororanyofitsAffiliates;andprovided,further,thattheauditorsandindependentaccountantsoftheAcquirororitsAffiliatesshallnotbeobligatedtomakeanyworkpapersavailabletoanyPersonunlessanduntilsuchPersonhassignedacustomaryconfidentialityandholdharmlessagreementrelatingtosuchaccesstoworkpapersinformandsubstancereasonablyacceptabletosuchauditorsorindependentaccountants.IfsoreasonablyrequestedbytheAcquiror,eachSellershall,andshallcauseitsAffiliates(asapplicable)to,enterintoacustomaryjointdefenseagreementwithanyoneormoreoftheAcquiroranditsAffiliateswithrespecttoanyinformationtobeprovidedtosuchSelleroritsAffiliatesorRepresentativespursuanttothisSection6.02(b).EachSellershallreimbursetheAcquirorpromptlyforanyreasonableout-of-pocketexpensesincurredbytheAcquiroranditsAffiliatesincomplyingwithanyrequestbyoronbehalfofsuchSelleroritsAffiliatesorRepresentativesinconnectionwiththisSection6.02(b).

Section6.03.BooksandRecords.SubjecttoSection6.04(b),theSellersandtheirrespectiveAffiliatesshallhavetherighttoretaincopiesofallbooks,data,files,informationandrecordsinanymedia(including,for

theavoidanceofdoubt,TaxReturnsandotherinformationanddocumentsrelatingtoTaxmatters)ofeachoftheCompanyandtheTransferredSubsidiariesandtheirrespectivebusinessesrelatingtoperiodsendingonorpriortotheClosingDate(i)asrequiredbyanyGovernmentalAuthority,includinganyapplicableLaworregulatoryrequestor(ii)asmaybenecessaryfortheSellersandtheirrespectiveAffiliatestoperformtheirrespectiveobligationspursuanttothisAgreementandtheotherTransactionAgreements,ineachcasesubjecttocompliancewithallapplicableprivacyLaws.FromandaftertheClosingDate,withrespecttoalloriginalbooks,data,files,informationandrecordsofeachoftheCompanyandtheTransferredSubsidiariesexistingasoftheClosingDate,theAcquirorshall,andshallcauseeachoftheCompanyandtheTransferredSubsidiariesto,(A)complyinallmaterialrespectswithallapplicableLaws,includingtheCode,relatingtothepreservationandretentionofrecords,and(B)applypreservationandretentionpoliciesthatarenolessstringentthanthosegenerallyappliedbytheAcquiror.

Section6.04.Confidentiality.

(a)Thetermsoftheconfidentialityagreement,datedMay26,2016(the“ConfidentialityAgreement”),betweentheCompanyandtheAcquirorareincorporatedintothisAgreementbyreferenceandshallcontinueinfull

forceandeffectuntiltheClosing,atwhichtimetheconfidentialityobligationsundertheConfidentialityAgreementshallterminate.If,foranyreason,thetransactionscontemplatedbythisAgreementarenotconsummated,theConfidentialityAgreementshallnonethelesscontinueinfullforceandeffectinaccordancewithitsterms.

(b)FromandaftertheClosing,theSellersshall,andshallcausetheirrespectiveAffiliatesandRepresentativesto,maintaininconfidenceandnotuseanywritten,oralorotherinformationrelatingtoorobtainedfromthe

AcquirororitsAffiliatesorrelatingtoorobtainedfromtheCompanyanyTransferredSubsidiaryoranyAffiliateorRepresentativeoftheCompanyoranyTransferredSubsidiary,exceptthattheforegoingrequirementscontainedinthisSection6.04(b)shallnotapplytotheextentthat(i)anysuchinformationisorbecomesgenerallyavailabletothepublicotherthanasaresultofdisclosurebyanySelleroranyofitsAffiliatesoranyofitsRepresentatives,(ii)anysuchinformation(includinganyreport,statement,testimonyorothersubmissiontoaGovernmentalAuthority)isrequiredbyapplicableLaw,GovernmentalOrderorsuchGovernmentalAuthoritytobedisclosed,afterpriornoticehasbeengiventotheotherpartytotheextentsuchnoticeispermittedbyapplicableLaw,providedthatnosuchnoticeisrequiredifprohibitedbyapplicableLaw,(iii)anysuchinformationisreasonablynecessarytobedisclosedinconnectionwithanyActionorinanydisputewithrespecttotheTransactionAgreements(includinginresponsetoanysummons,subpoenaorotherlegalprocessorformalorinformalinvestigativedemandissuedtothedisclosingpartyinthecourseofanylitigation,arbitration,mediation,investigationoradministrativeproceeding),or(iv)anysuchinformationwasorbecomesavailabletosuchSelleronanon-confidentialbasisandfromasource(otherthantheAcquirororanyAffiliateorRepresentativeoftheAcquiror)thatisnotboundbyaconfidentialityagreementwithrespecttosuchinformation.EachSellershallinstructit*AffiliatesandRepresentativeshavingaccesstosuchinformationofsuchobligationofconfidentiality;provided,however,thatthepartiesheretomaydiscloseinformationabouttheTaxtreatmentandTaxstructureofthetransactionscontemplatedbythisAgreement(includinganyfactsormaterialsrelatingtheretoorreasonablynecessarytounderstandsuchtreatmentorstructure).

(c)Notwithstandinganythingtothecontrarycontainedherein,thepartiesheretoacknowledgeandagreethateachSelleranditsrespectiveAffiliatesmay,withoutnotifyingtheAcquirororanyotherPerson,shareany

informationrelatingtoorobtainedfromtheAcquirororitsAffiliateswiththeIRSoranyotherTaxAuthority,ineachcaseassuchSellerdeemsnecessaryoradvisableinitsgoodfaithjudgment.

Section6.05.RegulatoryandOtherAuthorizations;ReasonableBestEfforts.

(a)TheSellers,theCompanyandtheAcquirorshallusetheirrespectivereasonablebesteffortstoobtainaspromptlyaspracticableallauthorizations,consents,ordersandapprovalsofallGovernmentalAuthoritiesthatmaybeormaybecomereasonablynecessary,properoradvisableundertheTransactionAgreementsandapplicableLawstoconsummateandmakeeffectivethetransactionscontemplatedbytheTransactionAgreements,andtheSellers,theCompanyandtheAcquirorshalltakeallactionsasmayberequestedbyanysuchGovernmentalAuthoritiestoobtainsuchauthorizations,consents,ordersandapprovals.TheSellers,theCompanyandtheAcquirorshallcooperatewiththereasonablerequestsofeachotherinseekingtoobtainaspromptlyaspracticableallsuchauthorizations,consents,ordersandapprovals.NoneoftheSellers,theCompanyortheAcquirorshalltakeorcausetobetakenanyactionthattheyareawareorshouldreasonablybeawarewouldhavetheeffectofdelaying,impairingorimpedingthereceiptofanysuchrequiredauthorizations,consents,ordersorapprovals.

(b)TheSellers,theCompanyandtheAcquirorshallpromptlymake(whichshallinnoeventbelaterthanten(10)BusinessDaysafterthedatehereof)allfilingsandnotificationswithallGovernmentalAuthoritiesthatmay

beormaybecomereasonablynecessary,properoradvisableundertheTransactionAgreementsandapplicableLawstoconsummateandmakeeffectivethetransactionscontemplatedbytheTransactionAgreements,including(i)theCompanyandtheAcquiroreachmakinganappropriatefilingofanotificationandreportformpursuanttotheHSRAct(whichfiling,includingtheexhibitsthereto,neednotbesharedorotherwisedisclosedtotheotherparty)withrespecttotheTransactionsand(ii)theCompanyandtheAcquiroreachmakinganyotherfilingthatmayberequiredunderanyotherantitrustorcompetitionLaworbyanyGovernmentalAuthoritywithjurisdictionoverenforcementofanyapplicableantitrustorcompetitionLaws.TheSellers,theCompanyandtheAcquiroreachshallsupplypromptlytoanyGovernmentalAuthoritiesanyadditionalinformation,documentarymaterialandtestimonythatmayberequestedbysuchGovernmentalAuthoritiesofthempursuanttotheHSRActoranyotherapplicableLaws.TheAcquirorshallhaveresponsibilityforthefilingfeesassociatedwithitsHSRActfilingandtheSellers,theCompanyandtheAcquirorshallhaveresponsibilityfortheirotherrespectivefilingfeesassociatedwithanyotherrequiredfilings.

(c)NothinginthisSection6.05shallobligatetheAcquiror,theSellers,theCompanyoranyoftheTransferredSubsidiariestoagreeto(i)anydivestituresorotherremedynotconditionedontheconsummationofthe

Closingor(ii)divestassetsrequiredbyanyGovernmentalAuthoritytopermitconsummationoftheClosing(ortoenterintosuchancillaryagreements,includingbutnotlimitedtoholdseparateagreements,consentdecrees,andagreementsappointingtrustees,asmaybenecessarytoaccomplishsuchdivestiture),totheextentthat(a)suchdivestituresinvolveassetsotherthanassetsoftheCompany,theTransferredSubsidiaries,theAcquirororanySubsidiariesoftheAcquiror,or(b)inthemostrecentlycompletedfiscalyearoftheCompany,suchdivestedassetsgeneratedgrossrevenuesinanamountequaltomorethan25%ofthegrossrevenueoftheCompanyandtheTransferredSubsidiaries,intheaggregate,inthemostrecentlycompletedfiscalyearoftheCompany,orhadafairmarketvalueequaltomorethan25%ofthefairmarketvalueoftheassetsoftheCompanyandtheTransferredSubsidiaries,intheaggregate,inthemostrecentlycompletedfiscalyearoftheCompany.

(d)SubjecttoapplicableLawsrelatingtothesharingofinformation,eachoftheSellers,theCompanyandtheAcquirorshallpromptlynotifyeachotherofanycommunicationitreceivesfromanyGovernmentalAuthority

andpermittheotherpartytoreviewinadvancewherefeasibleanyproposedcommunicationbysuchpartytoanyGovernmentalAuthorityandshallprovideeachotherwithcopiesofallcorrespondence,filingsorcommunicationsbetweensuchpartyoranyofitsRepresentatives,ontheonehand,andanyGovernmentalAuthorityormembersofthestaffofanyGovernmentalAuthority,ontheotherhand,ineachcasetotheextentrelatingtothemattersthatarethesubjectofthisAgreementandsubjecttoSection6.05.TheAcquirorshallnotagreetoparticipateinanymeetingwithanyGovernmentalAuthority,orsubmitanyrequesttoengageinanydiscussionswithaGovernmentalAuthoritywithrespecttoholdingorparticipatinginanymeetingwithsuchGovernmentalAuthority,ineachcaserelatingtothemattersthatarethesubjectofthisAgreement,unlessitconsultswiththeSellersandtheCompanyinadvanceand,totheextentpermittedbysuchGovernmentalAuthority,givestheSellersandtheCompanytheopportunitytoattendandparticipateatsuchmeeting.SubjecttotheConfidentialityAgreementandtoSection6.05,theSellers,theCompanyandtheAcquirorshallcoordinateandcooperatefullywitheachotherinexchangingsuchinformationandprovidingsuchassistanceastheotherpartymayreasonablyrequestinconnectionwiththeforegoing(includinginseekingearlyterminationofanyapplicablewaitingperiodsundertheHSRAct);provided,however,thattheforegoingshallnotrequireanySeller,theCompany,anyTransferredSubsidiaryoranyoftheirrespectiveAffiliates(i)todiscloseanyinformationthatinthereasonablejudgmentofsuchSeller,theCompany,suchTransferredSubsidiaryoranyoftheirrespectiveAffiliates(asthecasemaybe)wouldresultinthedisclosureofanytradesecretsofthirdpartiesorviolateanyofitsobligationswithrespecttoconfidentialityor(ii)todiscloseanyprivilegedinformationorconfidentialcompetitiveinformationofanySeller,theCompany,anyTransferredSubsidiaryoranyoftheirrespectiveAffiliates.NoneofthepartiesheretoshallberequiredtocomplywithanyprovisionofthisSection6.05(c)totheextentthatsuchcompliancewouldbeprohibitedbyapplicableLaw.

(e)TheSellers,theCompanyandtheAcquirorshallusetheirreasonablebesteffortstoobtainanyotherconsentsandapprovals(includingconsentsandapprovalsfromcounterpartiestoMaterialContractsifsuchMaterial

Contractscontainchange-in-controlprovisionsorotherprovisionsthatwouldbebreachedbytheconsummationofthetransactionscontemplatedhereby)andmakeanyothernotificationsthatmayberequiredinconnectionwiththeTransactions;provided,however,thatnoneoftheSellers,theCompanyoranyoftheirrespectiveAffiliatesshallberequiredtocompensateanythirdparty,commenceorparticipateinlitigationorofferorgrantanyaccommodation(financialorotherwise)toanythirdpartytoobtainanysuchconsentorapproval;andprovided,further,thatnoneoftheSellers,theCompanyoranyoftheirrespectiveAffiliatesshallberequiredtotakeanyactionwithrespecttoanythirdpartyunlesssuchactionisconditionedupontheClosing.TheSellersandtheCompanyshallusetheirreasonablebesteffortstoobtainfromeachoftheSeriesAPreferredMembersacounterpartoftheSeriesAPreferredInterestPurchaseAgreementdulyexecutedbyeachsuchSeriesAPreferredMemberpriortoClosing.

(f)Withoutlimitingthegeneralityoftheforegoing,withrespecttotheconsentstobeobtainedfromtheConsentCounterparties,attherequestoftheCompanyandtotheextentrequestedbytheConsentCounterparty,the

Acquirorshall(i)agreetoguaranteetheobligationsoftheCompanyoranyoftheTransferredSubsidiaries,orassume,asaprimaryobligor,allrightsandobligationsoftheCompanyoranyoftheTransferredSubsidiariesundersuchapplicableConsentContract,andexecutealldocumentsreasonablyrequiredtoeffectuatesuchguaranteeorassumption,(ii)makeanypayments,includinganyrentadjustmentortransferpremiumamounts,alterationcosts,commissions,processingdepositsorlegalfees,expresslycontemplatedbythechange-in-controlprovisionsandanyotherapplicableprovisions,(iii)provideanyinformationreasonablyrequestedbyanyConsentCounterpartyorexpresslycontemplatedbythechange-in-controlprovisionsandanyotherapplicableprovisions,includingcurrentfinancialstatementsoftheAcquirorcertifiedbyanofficer,member,partnerorownerthereof;auditedfinancialstatementsoftheAcquirorforthepreviousthree(3)mostrecentconsecutivefiscalyears;descriptionsoftheusetobemadeofandmodificationstobemadetoanypremisesthatarethesubjectofsuchConsentContractsbytheAcquirororitsAffiliatesaftertheClosingandanypotentialeffectsuchuseormodificationwouldhaveonothertenantsofsuchpremises;descriptionsofthebusinessoperatingabilityorhistory,reputationorcreditworthinessorthecharacterofthebusinesstobeconductedbytheAcquirororanyofitsAffiliatesatanypremisesthatarethesubjectofsuchConsentContractsoranybanking,financial,orothercreditinformationreasonablysufficienttoenabletheapplicableConsentCounterpartytodeterminethefinancialresponsibilityoftheAcquiror.

Section6.06.AffiliateObligationsandArrangements.ExceptassetforthonSection6.06oftheCompanyDisclosureSchedule,theSellersshall,andshallcausetheirrespectiveAffiliatesto,takesuchactions,ifany,

asmaybenecessarysothatallAffiliateAgreementsareterminatedpriortotheClosing.

Section6.07.FurtherAction.Thepartieshereto(a)shallexecuteanddeliver,orshallcausetobeexecutedanddelivered,suchdocumentsandotherinstrumentsandshalltake,orshallcausetobetaken,suchfurtheractionsasmaybereasonablyrequiredtocarryouttheprovisionsoftheTransactionAgreementsandgiveeffecttothetransactionscontemplatedbytheTransactionAgreements,(b)shallrefrainfromtakinganyactionsthatcouldreasonablybeexpectedtoimpair,delayorimpedetheClosingand(c)withoutlimitinganyotherprovisionofthisAgreement,shallusetheirrespectivereasonablebesteffortstocausealltheconditionstotheconsummationofthetransactionscontemplatedbythisAgreementtobemetassoonasreasonablypracticable(providedhowever,thatnopartyshallberequiredtowaiveanyconditionorobligationofanyotherpartyinordertoconsummatethetransactionscontemplatedbythisAgreement).

Section6.08.TaxMatters.

(a)PreparationofTaxReturns.TheAcquirorshallprepareandfile,orcausetobepreparedandfiled,allTaxReturnsoftheCompanyandtheTransferredSubsidiariesthatarerequiredtobefiledaftertheClosingDate,

provided,however,thattheSellers’RepresentativeshallprepareandfileTaxReturnsthatrelatetotaxableperiodsendingonorbeforetheClosingDate.Thepartiesheretoagreethat,tothemaximumextentpermittedbyLaw,anyTaxdeductionsrelatingtoTransactionExpensesshallbeincludedontheTaxReturnsforthePre-ClosingTaxPeriodand,fortheavoidanceofdoubt,thatdeductionsarisingasaresultofthepaymentoftheBonusAmountshallbeincludedontheTaxReturnsforthePre-ClosingTaxPeriod.TheAcquirorshallnot,andshallcausetheCompanyandtheirrespectiveAffiliatestonot,takeanyaction,orpermitanyactiontobetaken,thatmaypreventthetaxableyearoftheCompanyfromendingforfederaland(totheextentpermittedunderapplicablestateLaw)stateIncomeTaxpurposesattheendofthedayonwhichtheClosingoccursandshall,totheextentpermittedbyapplicableLaw,electwiththerelevantTaxAuthoritytotreatforallIncomeTaxpurposestheClosingDateasthelastdayofataxableperiodoftheCompany.Acquirorshall(i)prepareandfile,orcausetobepreparedandfiled,anyTaxReturnsoftheCompanyandtheTransferredSubsidiariesthatrelatetoaStraddlePeriodinaccordancewithpastpracticetotheextentconsistentwithapplicableLaw,(ii)provideadraftofsuchTaxReturnstotheSellers’Representativeatleastforty-five(45)dayspriortotheapplicableduedate(takingintoaccountextensions),(iii)consideranycommentsmadebytheSellers’Representativenolaterthanfifteen(15)dayspriortosuchduedate,and(iv)reflectanysuchcommentstotheextenttheyarerequiredtobereflectedunderapplicableLaw.TheAcquirorandtheSellersagreethattheelectionspecifiedinsection1101(g)(4)oftheBipartisanBudgetActof2015,PublicLaw114-74,129Stat.683,willnotbemadewithrespecttotheCompanyandthatnoelectionunderSection338oftheCodeoranysimilarprovisionofstate,local,ornon-U.S.LawwillbemadewithrespecttoanyTransferredSubsidiary.

(b)TheAcquirorshallpromptlycausetheCompanytoprepareandprovidetotheSellers’Representativeapackageoftaxinformationmaterials(includingschedulesandworkpapers)(the“TaxPackage”)requiredbythe

Sellers’RepresentativetoenabletheSellers’RepresentativetoprepareandfileallIncomeTaxReturnsrequiredtobepreparedandfiledbyit.TheTaxPackageshallbecompletedinaccordancewithpastpractice,includingpastpracticeastoprovidingsuchinformationandastothemethodofcomputationofseparatetaxableincomeorotherrelevantmeasureofincomeoftheCompany.TheAcquirorshallcausetheTaxPackagetobedeliveredtotheSellers’Representativewithinsixty(60)daysaftertheClosingDate.

(c)WithoutthepriorwrittenconsentoftheSellers’Representative(whichconsentmaynotbeunreasonablywithheld,conditionedordelayed),theAcquirorshallnot,andshallcausetheCompanyandtheTransferred

Subsidiariestonot(i)file,amend,ormodifyanyTaxReturnrelatingtoanyPre-ClosingTaxPeriod,(ii)extendorwaive,orcausetobeextendedorwaived,anystatuteoflimitationsorotherperiodfortheassessmentofanyTaxordeficiencyrelatedtoaPre-ClosingTaxPeriod,(iii)makeorchangeanyTaxelectionoraccountingmethodthathasretroactiveeffecttoanyPre-ClosingTaxPeriod(includinganyelectionunderSection338oftheCode(oranycorrespondingprovisionofstate,localorforeignTaxlaw)withrespecttothetransactionscontemplatedbythisAgreement),(iv)self-assessaTaxwithrespecttoaPre-ClosingTaxPeriod,(v)engageinanyvoluntarydisclosuresordiscussionswithanyTaxAuthorityregardinganyTaxorTaxReturnsrelatingtoaPre-ClosingTaxPeriod,or(vi)fileanyprivateletterrulingorsimilarrequestwithrespecttoTaxesorTaxReturnsrelatingtoaPre-ClosingTaxPeriod.WithrespecttoanyTransferredSubsidiarythatistreatedasacorporationforUnitedStatesfederalincometaxpurposesandthatisorganizedinajurisdictionotherthantheUnitedStatesoranyStatethereof,theAcquirorshallnot,andshallcausesuchTransferredSubsidiarytonot,(i)makeanydistribution(includingadeemeddistribution)toshareholdersinexcessoftheamountofearningsandprofits(ascomputedforUnitedStatesfederalincometaxpurposes)derivedduringthatportionofthetaxableyearofsuchTransferredSubsidiarythatincludestheClosingthatbeginsaftertheClosing(asifsuchportionwasasingletaxableyear),(ii)makeanyinvestmentinU.S.propertywithinthemeaningofSection956oftheCodeatanytimeduringthetaxableyearofsuchTransferredSubsidiarythatincludestheClosing,or(iii)takeanyotheractionwhichwouldreasonablybeexpectedtoimpact(1)theamountorcharacterofaSeller’sgrossincomereportableunderSection1248oftheCode,(2)theamountoftheaSeller’sassociateddeemed-paidforeigntaxeswithinthemeaningofSection902oftheCodethatareassociatedwiththeinclusionunderSection1248oftheCode,or(3)theamountofaSeller’ssubpartFincomewithinthemeaningofSection952oftheCode.

(d)TaxRefunds.Sellersshallbeentitledtoanyrefund(orcreditinlieuofrefund)ofTaxes(includinganyinterestpaidthereon)(a“TaxRefund”)oftheCompanyoranyoftheTransferredSubsidiariesforanyPre-

ClosingTaxPeriods.Withinfive(5)BusinessDaysafterreceiptbytheAcquiror,theCompanyoranyoftheTransferredSubsidiaries,oranyAffiliatethereof,ofanyTaxRefundtowhichSellersareentitled,theAcquirorshalldeliverandpayover,bywiretransferofimmediatelyavailablefunds,suchTaxRefundtotheSellers.TheAcquirorwill,andwillcausetheCompanyandtheTransferredSubsidiaries,andanyAffiliatethereof,toexecutesuchdocuments,takesuchreasonableadditionalactionsandotherwisereasonablycooperateasmaybenecessaryforsuchPersonstoperfecttheirrightsinandobtainallTaxRefundsforwhichanysuchPersoniseligibleandtowhichtheSellersareentitled.TheAcquirorwillnot,andwillcausetheCompanyandtheTransferredSubsidiaries,andanyAffiliatethereof,notto,forfeit,failtocollectorotherwiseminimizeanyTaxRefundtowhichtheSellerswouldbeentitled.

(e)CooperationonTaxMatters.TheAcquirorshallprovidereasonablecooperation,asandtotheextentreasonablyrequestedbytheSellers,inconnectionwiththepreparationandfilingofanyTaxReturnandanyaudit,

litigationorotherproceedingwithrespecttoTaxes.Suchcooperationshallincludetheretentionand(upontherequestoftheSellers)theprovisionofrecordsandinformationwhicharereasonablyrelevanttoanysuchTaxReturn,audit,litigationorotherproceedingoranytaxplanningandmakingemployeesavailableonamutuallyconvenientbasistoprovideadditionalinformationandexplanationofanymaterialprovidedhereunder.TheAcquiror,theCompany,andtheTransferredSubsidiariesagreetoretainallbooksandrecordswithrespecttoTaxmatterspertinenttotheCompanyandtheTransferredSubsidiariesrelatingtoanyPre-ClosingTaxPerioduntiltheexpirationofthestatuteoflimitationsoftherelevantTaxperiods(andanyextensionthereof),andtoabidebyallrecordretentionagreementsenteredintowithanyTaxAuthority.

(f)AuditsofTaxReturns.TheAcquirorshallpromptlynotifytheSellers’RepresentativeinwritingofanyauditoftheCompanyoranyoftheTransferredSubsidiarieswithrespecttoaPre-ClosingTaxPeriod.The

Sellers’Representativewillhavetheright(atit*election)tocontrol,attheSellers’expense,anyauditofanytaxperiodoftheCompanyoranyoftheTransferredSubsidiariesendingonorbeforetheClosingDate,includinganydispositionofsuchaudit;provided,however,thattheAcquirorandtheCompanywillhavetheright,directlyorthroughitsdesignatedrepresentatives,toreviewinadvanceandcommentuponallsubmissionsmadeinthecourseofsuchaudit(includinganyadministrativeappealsthereof),andtheAcquiror’sconsent(nottobeunreasonablywithheld,conditionedordelayed)shallberequiredforanysettlementbytheSellersthatcouldaffecttheTaxliabilityoftheAcquirorortheCompanyoranyoftheTransferredSubsidiariesinanytaxableperiodtotheextentsuchTaxliabilityisnotorwouldnotbesolelytheliabilityoftheSellers.Withrespecttoanyauditofanytaxperiodnotdescribedintheprevioussentence,theAcquirorandtheCompanywillhavethesoleresponsibilityfor,andtherighttocontroltheauditof,suchperiods,but,withrespecttoanyTaxReturnthatrelatesinparttoaPre-ClosingTaxPeriod(including,fortheavoidanceofdoubt,anysuchauditofwhichtheSellershavedeclinedtoassumecontrol),theSellers’Representativeshallhavetherighttoparticipatein,toreviewinadvanceandcommentuponallsubmissionsmadeinthecourseofsuchaudit(includinganyadministrativeappealsthereof),andapprovethedispositionofsuchaudit,whichapprovalshallnotbeunreasonablywithheld,conditionedordelayed.

(g)Section754Election.Sellerswillmake,orcausetobemade,anelectionunderSection754oftheCodewithrespecttotheCompanyfortheCompany’staxableyearendingontheClosingDate.

Section6.09.BonusAmounts.PromptlyfollowingtheClosing,theCompanyshallpaytoeachBonusAmountRecipientanamountequaltotheportionoftheBonusAmounttowhichsuchBonusAmountRecipient

isentitled,assetforthinthescheduledeliveredpursuanttoSection2.03(a)(ii).AllsuchpaymentstotheBonusAmountRecipientshereundershallbemadethroughtheCompany’spayrollsystem.

Section6.10.Non-Compete,Non-SolicitandRelatedCovenants.

(a)InordertoinducetheAcquirortoenterintothisAgreementandtoinducetheAcquirortoconsummatethetransactionscontemplatedhereby,eachofthePersonssetforthonSection6.10oftheCompanyDisclosureSchedule(eacha“RestrictedPerson”)herebyagreesthat,duringtheperiodbeginningimmediatelyfollowingtheClosingandendingonthesecond(2nd)anniversaryoftheClosingDate,suchRestrictedPersonshallnot,andsuchRestrictedPersonshallcauseeachofitsAffiliatestonot,directlyorindirectly,own,operate,beapartner,shareholder,co‑venturerorotherwiseinvestin,lendmoneyto,consultwith,manageorrenderservicesto,actasagentfor,oracquireorholdanyinterestin,anyPersonthatengagesintheBusinessinNorthAmerica,HongKongorChinawithouttheconsentoftheAcquiror;provided,thatsuchRestrictedPersonmayownuptofivepercent(5%)ofanyclassofsecuritiesthatislistedoradmittedtotradingonanationalsecuritiesexchange.

(b)DuringtheperiodbeginningimmediatelyfollowingtheClosingandendingonthesecond(2nd)anniversaryoftheClosingDate,noSellershallsolicitorhireforemployment,orcauseanyofitsAffiliatestosolicitor

hireforemployment,anyindividualwho,attheClosing,isanofficerormanagementemployeeemployedbytheCompanyoranyTransferredSubsidiary;providedthatnothinghereinshallprohibitanySellerfrom(i)conductingageneralsolicitationofprospectiveemployeesintheOrdinaryCourseofBusinessconsistentwithpastpracticeorauthorizingsolicitationsbyrecruitmentfirms,ineachcase,ifnotspecificallydirectedtowardsanyemployeesoftheCompanyoraTransferredSubsidiaryorhiringanyPersonwheretheinitialcontactwithsuchPersonregardingsuchhiringprimarilyaroseasaresultofsuchgeneralsolicitationorrecruitmentfirmcontactor(ii)solicitingorhiringanyindividualwhoseemploymentwiththeCompanyorTransferredSubsidiaryisterminated.

(c)DuringtheperiodbeginningimmediatelyfollowingtheClosingandendingonthesecond(2nd)anniversaryoftheClosingDate,noSellershall,directlyorindirectly,solicit,requestoradviseanykeycustomer,key

supplierorotherkeybusinesscontactoftheCompanyoranyTransferredSubsidiarytocancel,curtailorotherwisemateriallyandadverselychangeitsbusinessorrelationshipwiththeCompanyorTransferredSubsidiary.

(d)DuringtheperiodbeginningimmediatelyfollowingtheClosingandendingonthesecond(2nd)anniversaryoftheClosingDate,noSellershallpubliclydisparagebyanymeans(whetherwrittenororal)theCompanyoranyTransferredSubsidiaryoranyaspectoftheCompany’soranyTransferredSubsidiary’smanagement,policies,operations,products,servicesorpracticesinamannerthathasorwouldreasonablyhaveamaterialadverseeffectontheCompanyoranyTransferredSubsidiary.

(e)SubjecttoSection6.10(f),eachSeller,onbehalfofsuchSeller,suchSeller’sestate,heirs,executors,administrators,legalrepresentativesandtrusts(asapplicable),andsuchSeller’ssuccessorsandassigns(collectively,

the“ReleasingPersons”),herebyabsolutelyandunconditionallyreleases,waivesandforeverdischargeseachReleaseeofandfromanyandallProceedings,Losses,debts,sumsofmoney,accounts,bonds,bills,rights,covenants,Contracts,obligations,controversies,entitlements,promises,benefits,awards,decisions,orders,injunctions,judgments,decrees,rulings,writs,assessmentsorarbitrationawards,subpoenasandverdictswhatsoever,whetherstateorfederal,inlaworinequity,knownorunknown,assertedorunasserted,suspectedorunsuspected,liquidatedorunliquidated,absoluteorcontingent,whichtheReleasingPersonseverhadormaynowhaveagainstanyReleaseefor,upon,arisingoutof,basedinwholeorinpartupon,orbyreasonoftheownership(oranyclaimedownership)bysuchSelleratanytimeatorbeforetheClosingofanyequityinterestoftheCompany,anyTransferredSubsidiaryoranyoftheirpredecessorentities(bymerger,assetpurchaseorotherwise)(oranyotherequityinterestorrighttopurchaseanequityinterestintheCompanyoranyTransferredSubsidiary)orsuchSeller’sstatusasamemberoftheCompany,ineachcasearisingoutofanyactoromissionoccurringatanytimeatorbeforetheClosing;

(f)NotwithstandinganythingtothecontraryinSection6.10(e),Section6.10(e)shallnotlimit,reduceorotherwiseaffectanyrightorremedyofanySeller(1)arisingunderthisAgreement,anyotherTransaction

AgreementoranyemploymentagreementwiththeCompanyoranyTransferredSubsidiarytowhichsuchSellerisapartyor(2)tobeindemnifiedasanofficer,directorormanageroftheCompanyoranyTransferredSubsidiaryunderapplicableLawortheCompany’sorsuchTransferredSubsidiary’sorganizationaldocuments.

(g)ForpurposesofSection6.10(e)“Releasees”shallmean(1)theAcquiror,theCompany,theTransferredSubsidiariesandeachoftheirrespectivepast,presentandfutureAffiliates,relatedentitiesandSubsidiaries,(2)

eachoftherespectivepast,presentandfutureemployees,officers,directors,managers,members,shareholders,equityholders,partners,agents,representatives,successorsandassignsoftheentitiesdescribedinSection6.10(g)(1)above,and(c)anycompanyprovidinginsurancetoanyoftheforegoinginthepast,presentorfuture(otherthantheTailD&OInsurance,ifany).

(h)TheSellersacknowledgethat(1)thecovenantssetforthinthisSection6.10arereasonableandanessentialelementofthisAgreement,(2)butfortheagreementoftheSellerstocomplywiththesecovenants,the

AcquirorwouldnothaveenteredintothisAgreementand(3)breachofthisSection6.10willharmtheAcquirortosuchanextentthatmonetarydamagesalonewouldbeaninadequateremedyandtheAcquirorwouldnothaveanadequateremedyatlaw.Therefore,intheeventofabreachbyanySellerofthisSection6.10,(1)theAcquiror(inadditiontoallotherremediestheAcquirormayhave)willbeentitledtoseekaninjunctionandotherequitablereliefrestraininganySellerfromcommittingorcontinuingsuchbreachandtoenforcespecificallythisAgreementanditstermsand(2)thedurationofanyperiodinSections6.10(a),6.10(b)and6.10(c)willbeextendedbeyonditsthen‑scheduledterminationdateforaperiodequaltothedurationofsuchbreach,asapplicable.

(i)IfanyprovisioncontainedinthisSection6.10isheldbyanycourtofcompetentjurisdictiontobeunenforceablebecauseofthedurationofsuchprovision,thegeographicareacoveredtherebyorotherwise,thecourt

makingsuchdeterminationshallhavethepowerto,andisherebydirectedbythepartiesto,reducethedurationorgeographicareaofsuchprovisionorotherwisemodifysuchprovision,and,initsreducedormodifiedform,suchprovisionshallbeenforceable.Inaddition,uponadeterminationthatanysuchtermorotherprovision,oranyportionthereof,isinvalid,illegalorincapableofbeingenforced,thepartiesheretoshallnegotiateingoodfaithtomodifythisAgreementsoastoeffecttheoriginalintentofthepartiesascloselyaspossibleinanacceptablemannertotheendthatthetransactionscontemplatedherebyareconsummatedtothefullestextentpossible.

Section6.11.NoShop.ThroughouttheperiodthatbeginsonthedatehereofandendsupontheearlieroftheClosingortheterminationofthisAgreementpursuanttoSection9.01,noSellerwill,andnoSellerwill

authorizetheCompanyoranyTransferredSubsidiaryoranyRepresentativeorAffiliateofsuchSeller,theCompanyorTransferredSubsidiaryto,directlyorindirectly,solicit,initiate,seekorencourageanyinquiry,proposalorofferfrom,furnishanyinformationtoorparticipateinanydiscussionornegotiationwithanyPerson(otherthantheAcquirororanyPersonontheAcquiror’sbehalf)regardinganyacquisitionoftheCompany’soranyTransferredSubsidiary’sequityinterests,assetsorbusiness,inwholeorinpart(bypurchase,merger,tenderoffer,statutoryshareexchange,jointventureorotherwise),exceptforsalesofassetsintheOrdinaryCourseofBusiness.EachSellerwill,andeachSellerwillcausetheCompanyandeachTransferredSubsidiaryandtheotherRepresentativesandAffiliatesofsuchSeller,theCompanyandeachTransferredSubsidiaryto,immediatelyterminateallsuchdiscussionsornegotiationsthatmaybeinprogressonthedatehereof.

Section6.12.Notices.ThroughouttheperiodthatbeginsonthedatehereofandendsupontheearlieroftheClosingortheterminationofthisAgreementpursuanttoSection9.01,theCompanyshallnotifythe

AcquiroraspromptlyaspracticableaftertheCompanyreceiveswrittennoticefromaMaterialCustomerorMaterialSuppliermateriallyreducing,makingamaterialadversechangein,cancelingorotherwiseterminatingitsrelationshipwiththeCompanyorapplicableTransferredSubsidiaryor,totheKnowledgeoftheCompany,threateninginwritingtodoanyoftheforegoing.

Section6.13.FinancialInformationCooperation.ThroughouttheperiodthatbeginsonthedatehereofandendsupontheearlieroftheClosingortheterminationofthisAgreementpursuanttoSection9.01,the

Companyshallusereasonableeffortsto,andshallcausetheTransferredSubsidiariestousetheirrespectivereasonableeffortsto,cooperatewithAcquirorinthepreparation,reviewandauditoffinancialstatementsandotherfinancialinformationregardingtheBusinessthatisrequiredtobeincludedinthefinancialreportsandotherpublicdisclosuresoftheAcquirorpursuanttoRegulationsS-XandS-KpromulgatedundertheSecuritiesActof1933,asamended,andtheExchangeActinconnectionwiththetransactioncontemplatedhereby.SuchcooperationshallincludecustomaryassistancewiththepreparationoffinancialstatementsandallotherfinancialinformationasreasonablyrequestedbyAcquirorandnecessaryfortheaccountingfirmresponsibleforreviewingandauditingsuchfinancialstatementstoperformitsreviewandaudit,includingtheexecutionanddeliverybytheCompany(andtheTransferredSubsidiaries,ifapplicable)ofacustomaryrepresentationlettertosuchaccountingfirm(ifandtotheextentreasonablyrequiredbysuchaccountingfirm).TheCompanyandTransferredSubsidiariesshallusereasonableeffortstoprovidesuchcustomarycooperationinatimelymannersuchthatthepreparationofthefinancialstatementsandotherfinancialinformationcanbecompletedandtheauditreportthereondeliveredtotheAcquirornolaterthansixty(60)daysaftertheClosingDate.TheaccountingfirmresponsibleforthereviewandauditofsuchfinancialstatementsshallbeMossAdamsLLPunlessotherwisedeterminedbytheAcquiror.Allout-of-pocketcostsandexpensesincurredinconnectionwiththisSection6.13shallbepaidbytheAcquiror.

Section6.14.RepresentationandWarrantyInsurancePolicy.TheAcquirorwillusereasonablebesteffortstocausetheRepresentationandWarrantyInsurancePolicytobeissuedassoonaspracticableafterClosing.

Section6.15.RealPropertyMatters.

(a)AtorpriortoClosing,theCompanyshall,andshallcausetheTransferredSubsidiaries,topayoffandremoveofrecord(i)allmortgagesandfixturefilingssecuringIndebtednessthatencumberorareotherwiseaLien

upontheOwnedRealProperty,includingwithoutlimitation,thatcertainOpen-EndMortgage,AssignmentofRents,SecurityAgreementandFixtureFiling,datedasofOctober30,2009,betweenTAPWorldwideLLC,aDelawarelimitedliabilitycompanyandORIXFinanceCorp.,and(ii)allothermonetaryliensthatencumberorareotherwiseaLienupontheOwnedRealPropertythatareliquidatedinamountandcanbecuredordischargedsolelybypaymentofmoney,excepttotheextentsuchothermonetarylienswerecausedbyAcquiror.

(b)DuringtheperiodfromthedatehereofthroughtheClosing,theCompanyshall,andshallcausetheTransferredSubsidiaries,tomaintainthecurrentinsurancecoveragesontheOwnedRealPropertyandLeasedReal

Property.

ARTICLEVII

EMPLOYEEMATTERS

Section7.01.EmployeeMatters.

(a)ExceptassetforthinthisSection7.01,nothinginthisAgreementwillobligatetheAcquirorortheCompanytocontinuetheemploymentofanyindividualforanyspecificperiodafterClosing(includinganyemployeeonmedical,disability,family,orotherleaveofabsence)ortoprovideanyparticularcompensation,incentive,orbenefitsafterClosingunlessrequiredbyLaw.TheAcquiroragreesthat,duringtheperiodcommencingattheClosingandendingonthefirstanniversaryoftheClosing,theAcquirorshallprovide,orshallcausetobeprovided,withrespecttoeachemployeeoftheCompanyandtheTransferredSubsidiarieswhoisemployedasofimmediatelypriortotheClosing(each,a“ContinuingEmployee”),(i)basesalaryorbasewageandincentiveandbonusopportunities(includingannualbonusopportunities)thatarenotlessthanthebasesalaryorbasewageandincentiveandbonusopportunitiesprovidedbytheCompanyandtheTransferredSubsidiariestoeachsuchContinuingEmployeeimmediatelypriortotheClosing,(ii)retirementbenefitsnolessfavorablethanthoseprovidedbytheCompanyandtheTransferredSubsidiariestoeachsuchContinuingEmployeeimmediatelypriortotheClosing,and(iii)welfarebenefitsthatarenolessfavorableintheaggregatethaneither(A)thoseprovidedbytheCompanyandtheTransferredSubsidiariestoeachsuchContinuingEmployeeimmediatelypriortotheClosingor(B)thoseprovidedtosimilarlysituatedemployeesoftheAcquiror.

(b)Forpurposesofvesting,benefitaccrual,vacationandsicktimecreditandeligibilitytoparticipate(butnotforbenefitaccrualpurposesunderanydefinedbenefitpensionplan)undertheemployeebenefitplans,

programsandpoliciesoftheAcquiroranditsSubsidiariesprovidingbenefitstoanyContinuingEmployeeaftertheClosing(includingtheBenefitPlans)(the“NewPlans”),eachContinuingEmployeeshallbecreditedwithhisorheryearsofservicewiththeCompanyandtheTransferredSubsidiariesandtheirrespectivepredecessorsbeforetheClosing,tothesameextentassuchContinuingEmployeewasentitled,beforetheClosing,tocreditforsuchserviceunderanysimilarBenefitPlaninwhichsuchContinuingEmployeeparticipatedorwaseligibletoparticipateimmediatelypriortotheClosing;providedthattheforegoingshallnotapplytotheextentthatit*applicationwouldresultinaduplicationofbenefitswithrespecttothesameperiodofservice.Inaddition,andwithoutlimitingthegeneralityoftheforegoing,theAcquirorshallusecommerciallyreasonableeffortstocause(i)eachContinuingEmployeetobeimmediatelyeligibletoparticipate,withoutanywaitingtime,inanyandallNewPlanstotheextentcoverageundersuchNewPlanisreplacingcomparablecoverageunderaBenefitPlaninwhichsuchContinuingEmployeeparticipatedimmediatelybeforetheClosing(suchplans,collectively,the“OldPlans”),and(ii)forpurposesofeachNewPlanprovidingmedical,dental,pharmaceuticaland/orvisionbenefitstoanyContinuingEmployee,anyevidenceofinsurabilityrequirements,allpre-existingconditionexclusionsandactively-at-workrequirementsofsuchNewPlantobewaivedforsuchContinuingEmployeeandhisorhercovereddependents,totheextentsuchconditionswereinapplicableorwaivedunderthecomparableOldPlan.TheAcquirorshallusecommerciallyreasonableeffortstocauseanyeligibleexpensesincurredbyanyContinuingEmployeeandhisorhercovereddependentsduringtheportionoftheplanyearoftheOldPlanendingonthedatesuchContinuingEmployee’sparticipationinthecorrespondingNewPlanbeginstobetakenintoaccountundersuchNewPlanforpurposesofsatisfyingalldeductible,coinsuranceandmaximumout-of-pocketrequirementsapplicabletosuchContinuingEmployeeandhisorhercovereddependentsfortheapplicableplanyear.

(c)TheAcquirorshall,andshallcauseanysuccessortheretotohonor,assume,fulfillanddischargetheCompany’sandtheTransferredSubsidiaries’obligationsunderallBenefitPlansinaccordancewiththeirterms,as

suchtermsmaybeamendedbytheAcquirorandtotheextenttheAcquirordeterminestocontinuesuchBenefitPlans.

(d)TotheextentpermittedbyapplicableLawandthetermsoftheapplicableplanorarrangement,theCompanyshallcausetheCompany401(k)Plantobeterminated,contingentontheoccurrenceoftheClosingandeffectiveimmediatelypriortotheClosing.PriortotheClosingandthereafter(asapplicable),theCompanyandtheAcquirorshalltakeanyandallactionsasmayberequired,includingamendmentstotheCompany401(k)Planand/orthetax-qualifieddefinedcontributionretirementplandesignatedbytheAcquiror(the“Acquiror401(k)Plan”)to(1)permiteachContinuingEmployeetomakerollovercontributionsof“eligiblerolloverdistributions”(withinthemeaningofSection401(a)(31)oftheCode,includingofloans)intheformofcash,notes(inthecaseofloans)oracombinationthereof,inanamountequaltothefullaccountbalancedistributedordistributabletosuchContinuingEmployeefromtheCompany401(k)PlantotheAcquiror401(k)Plan,and(2)totheextentrequestedbyAcquiror,toobtainfromtheIRSafavorabledeterminationletteronterminationfortheCompany401(k)Plan.EachContinuingEmployeeshallbecomeaparticipantintheAcquiror401(k)PlanontheClosingDate(givingeffecttotheservicecreditingprovisionsofSection7.01(b));itbeingagreedthatthereshallbenogapinparticipationinatax-qualifieddefinedcontributionplan.

(e)TheprovisionsofthisSection7.01aresolelyforthebenefitofthepartiestothisAgreement,andnothinginthisAgreement,whetherexpressorimplied,isintendedto,orshall,(i)constitutetheestablishmentor

adoptionof,oranamendmentto,anyemployeebenefitplanforpurposesofERISAorotherwisebetreatedasanamendmentormodificationofanyBenefitPlan,NewPlanorotherbenefitplan,agreementorarrangement,(ii)limittherightoftheAcquiror,theCompanyortheirrespectiveSubsidiariestoamend,terminateorotherwisemodifyanyBenefitPlan,NewPlanorotherbenefitplan,agreementorarrangementfollowingtheClosingor(iii)createanythird-partybeneficiaryorotherright(x)inanyPerson,includinganycurrentorformeremployeeoftheCompanyoranyTransferredSubsidiary,anyparticipantinanyBenefitPlan,NewPlanorotherbenefitplan,agreementorarrangement(oranydependentorbeneficiarythereof),withrespecttowhichtheCompany,theSellersandtheAcquirorherebyexpresslyacknowledgeandagreetheContinuingEmployeeshavethird-partybeneficiaryrights,or(y)tocontinuedemploymentwiththeAcquiror,theCompanyoranyotheroftheirrespectiveSubsidiaries.

ARTICLEVIII

CONDITIONSTOCLOSING

Section8.01.ConditionstoObligationsofEachParty.TherespectiveobligationsofeachpartyheretotoconsummatethetransactionscontemplatedbythisAgreementshallbesubjecttothefulfillmentatorpriorto

theClosing,ofeachofthefollowingconditions,anyofwhichmay,totheextentpermittedbyapplicableLaw,bewaivedinwritingbyanypartyinitssolediscretion(providedthatsuchwaivershallonlybeeffectiveastotheobligationsofsuchparty):

(a)NoGovernmentalOrder.ThereshallbenoLaworGovernmentalOrderinexistencethatenjoins,restrains,makesillegalorotherwiseprohibitstheconsummationofthetransactionscontemplatedbythisAgreement.

(b)ApprovalsofGovernmentalAuthorities.Thewaitingperiod(andanyextensionofsuchperiod)undertheHSRActapplicabletotheconsummationofthetransactionscontemplatedbythisAgreementshallhave

expiredorshallhavebeenterminated.

Section8.02.ConditionstoObligationsoftheSellersandtheCompany.TheobligationoftheSellersandtheCompanytoconsummatethetransactionscontemplatedbythisAgreementshallbesubjecttothefulfillmentorwaiverbytheCompanyortheSellersRepresentative,atorpriortotheClosing,ofeachofthefollowingconditions:

(a)RepresentationsandWarranties;Covenants.(i)(x)EachoftheAcquirorSpecifiedRepresentationsshallbetrueandcorrectinallmaterialrespectsasoftheClosingDate,asifmadeonsuchdateand(y)eachofthe

otherrepresentationsandwarrantiesoftheAcquirorcontainedinARTICLEVshallbetrueandcorrectasoftheClosingDateasthoughmadeonsuchdate(otherthansuchrepresentationsandwarrantiesmadeasofanotherstateddate,whichrepresentationsandwarrantiesshallhavebeentrueandcorrectasofsuchdate)(inthecaseofclause(y),withoutgivingeffecttoanylimitationsastomaterialityor“AcquirorMaterialAdverseEffect”setforththerein),except,inthecaseofclause(y),totheextentthatanybreachesofsuchrepresentationsandwarranties,individuallyorintheaggregate,havenothad,orwouldnotreasonablybeexpectedtohave,anAcquirorMaterialAdverseEffect;(ii)eachoftheobligations,covenantsandagreementsoftheAcquirortobeperformedonorpriortotheClosingshallhavebeenperformedinallmaterialrespects;and(iii)eachoftheSellersshallhavereceivedacertificateoftheAcquirordatedtheClosingDatesignedbyadulyauthorizedexecutiveofficeroftheAcquirorstatingthattheconditionsspecifiedinclauses(i)and(ii)ofthisSection8.02(a)havebeenwaived(bySellersRepresentativeortheCompany)orsatisfiedandthatsincethedatehereof,therehasnotoccurredanyAcquirorMaterialAdverseEffect.

(b)NoAcquirorMaterialAdverseEffect.NoAcquirorMaterialAdverseEffectshallhaveoccurredsincethedateofthisAgreement.

(c)EscrowAgreement.TheAcquirorshallhaveexecutedanddeliveredtotheSellersacounterpartoftheEscrowAgreement.

(d)DeliveryofOtherItems.TheAcquirorshallhavedelivered(orcausedtobedelivered)totheCompanyeachoftheitemlistedinSection2.09(a).

Section8.03.ConditionstoObligationsoftheAcquiror.TheobligationsoftheAcquirortoconsummatethetransactionscontemplatedbythisAgreementshallbesubjecttothefulfillmentorwaiver,atorpriortothe

Closing,ofeachofthefollowingconditions:

(a)RepresentationsandWarranties;Covenants.(i)(x)EachoftheCompanySpecifiedRepresentationsandtheSellerRepresentationscontainedinSection3.01andSection3.04shallbetrueandcorrectinallmaterialrespectsasoftheClosingDate,asifmadeonsuchdateand(y)eachoftheotherrepresentationsandwarrantiesoftheSellersandtheCompanycontainedinARTICLEIIIandARTICLEIVshallbetrueandcorrectasoftheClosingDate,asifmadeontheClosingDate(otherthansuchrepresentationsandwarrantiesmadeasofanotherstateddate,whichrepresentationsandwarrantiesshallhavebeentrueandcorrectasofsuchdate)(inthecaseofclause(y),withoutgivingeffecttoanylimitationsastomaterialityor“CompanyMaterialAdverseEffect”setforththerein),except,inthecaseofclause(y),totheextentthatanybreachesofsuchrepresentationsandwarranties,individuallyorintheaggregate,havenothad,orwouldnotreasonablybeexpectedtohave,aCompanyMaterialAdverseEffect;(ii)eachoftheobligations,covenantsandagreementsoftheSellersandtheCompanytobeperformedonorpriortotheClosingshallhavebeenperformedinallmaterialrespects;(iii)theAcquirorshallhavereceivedfromtheSellers’RepresentativeacertificatesignedonbehalfofeachSellerdatedasoftheClosingDatestatingthattheconditionssetforthinclauses(i)and(ii)ofthisSection8.03(a)astheyapplytosuchSeller’srepresentations,warranties,covenantsandagreementsinthisAgreementhavebeenwaivedorsatisfied;and(iv)theAcquirorshallhavereceivedacertificateoftheCompanydatedasoftheClosingDatesignedbyadulyauthorizedexecutiveofficeroftheCompanystatingthattheconditionssetforthinclauses(i)and(ii)ofthisSection8.03(a)astheyapplytotheCompany’srepresentations,warranties,covenantsandagreementshavebeenwaived(byAcquiror)orsatisfiedandthatsincethedatehereof,therehasnotoccurredanyCompanyMaterialAdverseEffect.

(b)NoMaterialAdverseEffect.Sincethedatehereof,thereshallnothaveoccurredanyCompanyMaterialAdverseEffect.

(c)EscrowAgreement.TheSellers’RepresentativeshallhaveexecutedanddeliveredtotheAcquiroracounterpartoftheEscrowAgreement.

(d)EmploymentAgreement.GregAdlershallnothaveresignedorotherwisevoluntarilyterminatedhisemploymentwiththeCompany(norgivenwrittennoticeofhisintenttodosototheCompany,anyTransferred

SubsidiaryortheAcquiror),otherthanasaresultofdeath,disabilityorincapacity.

(e)DeliveryofOtherItems.TheCompanyshallhavedelivered(orcausedtobedelivered)totheAcquiroreachoftheitemlistedinSection2.09(b)and(c).

ARTICLEIX

TERMINATION

Section9.01.Termination.ThisAgreementmaybeterminatedpriortotheClosing:

(a)bythemutualwrittenconsentoftheAcquirorandtheSellersRepresentative;

(b)byeithertheSellersRepresentativeortheAcquiroriftheClosinghasnotoccurredonorbeforeMay5,2017(the“TerminationDate”);provided,however,thattherighttoterminatethisAgreementunderthis

Section9.01(b)shallnotbeavailabletoanypartyheretowhosefailuretotakeanyactionrequiredtofulfillanyofsuchparty’sobligationsunderthisAgreementhascausedorresultedinthefailureoftheClosingtooccurpriortotheTerminationDate;

(c)byeithertheSellersRepresentativeortheAcquirorintheeventoftheissuanceofafinal,non-appealableGovernmentalOrderrestrainingorprohibitingtheconsummationofthetransactionscontemplatedbythis

Agreement;

(d)bytheAcquiroriftherehasbeenamaterialbreachoforfailuretoperformanyrepresentation,warranty,covenantoragreementoftheSellersortheCompanysuchthatoneormoreoftheconditionstoClosingsetforthinSection8.01andSection8.03arenotcapableofbeingfulfilledasoftheTerminationDate;or

(e)bytheSellersiftherehasbeenamaterialbreachoforfailuretoperformanyrepresentation,warranty,covenantoragreementoftheAcquirorsuchthatoneormoreoftheconditionstoClosingsetforthinSection8.01

andSection8.02arenotcapableofbeingfulfilledasoftheTerminationDate.

Section9.02.NoticeofTermination.AnypartyheretodesiringtoterminatethisAgreementpursuanttoSection9.01shallgivewrittennoticeofsuchtermination.InthecaseofanysuchterminationbytheAcquiror,suchwrittennoticeshallbegiventotheSellersRepresentativeandinthecaseofanysuchterminationbytheSellers,suchwrittennoticeshallbegiventotheAcquiror.

Section9.03.EffectofTermination.IntheeventoftheterminationofthisAgreementasprovidedinSection9.01,thisAgreementshallforthwithbecomevoidandthereshallbenoliabilityonthepartofanyparty

heretooranyofitsmembers,managers,stockholders,directorsorofficersinrespectthereof,exceptassetforthinSection6.04,thisARTICLEIXandARTICLEXI;provided,however,thatnothinginthisAgreementshallrelieveanypartyheretofromliabilityfor(i)failuretoperformtheobligationssetforthinSection6.05or(ii)anyintentionalbreachofthisAgreement.

ARTICLEX

SURVIVAL;INDEMNIFICATION

Section10.01.Survival.Therepresentations,warranties,covenantsandagreementsoftheSellers,theCompanyortheAcquirorcontainedinthisAgreementandthecertificatesdeliveredpursuanttothisAgreement

shallnotsurvivetheClosingexcepttotheextentspecifiedbelow:

(a)Subjecttothelimitationssetforthherein,allcovenantsandotheragreementscontainedinthisAgreementthatcontemplateperformancethereoffollowingtheClosingDateshallsurvivetheClosinguntilfullyperformedinaccordancewiththetermsofthisAgreement,exceptthatthecovenantsandotheragreementsrelatedtoIndemnifiedTaxeswillsurviveuntiltheapplicableperiodforthecollectionorassessmentorreassessmentofsuchIndemnifiedTaxesshallhaveexpired,allothercovenantsandagreementsshallsurviveuntiltheIndemnityEscrowTerminationDate.

(b)TherepresentationsandwarrantiescontainedinARTICLEIII,ARTICLEIVandARTICLEVofthisAgreement,exceptfortheSpecifiedRepresentations,willsurvivetheClosinguntiltheIndemnityEscrow

TerminationDate.TheSpecifiedRepresentationsshallsurvivetheClosinguntilthethird(3rd)anniversaryoftheClosingDate.

(c)Ifatanytimepriortoterminationoftheapplicablesurvivalperiodprovidedabove,anIndemnifiedPartyhasdulydeliveredtotheIndemnifyingPartyavalidnoticeofclaimforindemnificationpursuanttothisARTICLEX,thenthespecificindemnificationclaimsassertedinsuchnoticeshallsurviveterminationoftheapplicablesurvivalperioduntilthetimeassuchclaimisresolved.

(d)Fortheavoidanceofdoubt,thepartiesherebyacknowledgeandagreethatthesurvivalperiodssetforthinthisSection10.01arecontractualstatutesoflimitations.

Section10.02.IndemnificationbySellers.FromandaftertheClosingDate,andsubjecttothelimitationssetforthinthisAgreement,eachSellershallseverally,andnotjointlyandseverally,indemnifyandhold

harmlesstheAcquiror,itsAffiliatesand/ortheirrespectiveRepresentatives(collectively,the“AcquirorIndemnifiedParties”),forandwillpaytotheAcquirorIndemnifiedPartiestheamountof,anyLosses(otherthan(i)LossesresultingfromabreachorinaccuracyoftherepresentationsandwarrantiesoftheCompanycontainedinSection4.15withrespecttotaxableperiodsotherthanPre-ClosingTaxPeriodsor(ii)thataredescribedintheexceptiontothedefinitionofIndemnifiedTaxes)thatsuchAcquirorIndemnifiedPartymaysufferorincurbasedupon,attributabletoorarisingfrom:

(a)anybreachorinaccuracyofanyrepresentationorwarrantyofsuchSellercontainedinARTICLEIIIofthisAgreementorinanyofthecertificatesorotherinstrumentsordocumentsfurnishedbysuchSellerhereunder

(withoutgivingeffecttoany“material,”“materially,”“materiality,”“MaterialAdverseEffect”orsimilarqualificationscontainedinanysuchrepresentationorwarranty);

(b)anybreachorinaccuracyofanyrepresentationorwarrantyoftheCompanycontainedinARTICLEIVofthisAgreementorinanyofthecertificatesorotherinstrumentsordocumentsfurnishedbytheCompany

hereunder(withoutgivingeffecttoany“material,”“materially,”“materiality,”“MaterialAdverseEffect”orsimilarqualificationscontainedinanysuchrepresentationorwarranty(otherthanthosecontainedinSection4.06(Absence of CertainChanges ));

(c)anybreachofanycovenantoragreementcontainedinormadepursuanttothisAgreementof(i)theCompanypriortotheClosingor(ii),theSellersortheSellers’Representative;

(d)anyIndemnifiedTaxes;

(e)anyclaimsrelatingtotheallocationoftheEstimatedConsiderationorFinalConsiderationamongtheSellers;

(f)thefailurebyanySeriesAPreferredMembertodeliveracounterpartoftheSeriesAPreferredInterestPurchaseAgreementdulyexecutedbysuchSeriesAPreferredMemberpriortotheClosingtotheextentsuch

LossesexceedtheamountthatwouldhavebeenpaidtosuchSeriesAPreferredMemberatClosingifsuchSeriesAPreferredMemberhaddeliveredacounterpartoftheSeriesAPreferredInterestPurchaseAgreementpriortoClosing;or

(g)anyactionoftheSellers’RepresentativeactingintheSellers’Representative’scapacityhereunder.

providedthat(A)theSellersshallonlybeliabletotheAcquirorIndemnifiedPartiesforsuchLossespursuanttoSection10.02(b),Section10.02(c)andSection10.02(d)inproportiontotheirrespectiveProRataPercentagesand(B)fortheavoidanceofdoubt,noSellershallbeliableforanybreachofaSellerRepresentationmadebyanyotherSeller.

Section10.03.IndemnificationbytheAcquiror.FromandaftertheClosingDate,andsubjecttothelimitationssetforthinthisAgreement,AcquirorshallindemnifyandholdharmlesseachSellerandeachofits

AffiliatesandRepresentatives(collectively,the“SellerIndemnifiedParties”)for,andwillpaytotheSellerIndemnifiedPartytheamountof,anyandallLosses(regardlessofwhetherornotsuchLossesrelatetoaThirdPartyClaim)thatsuchSellerIndemnifiedPartymaysufferorincurbasedupon,attributabletoorarisingfrom:

(a)anybreachofanyrepresentationorwarrantyoftheAcquirorcontainedinARTICLEVofthisAgreement,orinanyofthecertificatesorotherinstrumentsordocumentsfurnishedbytheAcquirorhereunder,(without

givingeffecttoany“material,”“materially,”“materiality,”“MaterialAdverseEffect”orsimilarqualificationscontainedinanysuchrepresentationorwarranty);or

(b)anybreachofanycovenantoragreementbytheAcquirorcontainedinthisAgreement.

Section10.04.ExclusiveRemedyandReduction.

(a)ExclusiveRemedy.NotwithstandinganythingcontainedinthisAgreementtothecontrary,exceptwithrespecttothematterscoveredbySection2.05,thepartiesagreethat,fromandaftertheClosingDate,thesole

andexclusiveremediesofthepartiestothisAgreementandtheAcquirorIndemnifiedPartiesandtheSellerIndemnifiedParties,foranyLosses(includinganyLossesfromclaimsforbreachofcontract,warranty,tortiousconduct(includingnegligence)orotherwiseandwhetherpredicatedoncommonlaw,equity,statute,strictliability,orotherwise)arisingoutoforbaseduponthematterssetforthinthisAgreementaretheindemnificationand/orreimbursem*ntobligationsofthepartiessetforthinthisARTICLEX.Infurtheranceoftheforegoing,eachofthepartiesherebywaives,fromandaftertheClosingDate,tothefullestextentpermittedunderapplicableLaw,anyandallrightsandclaimsforLossesitmayhaveagainstanyotherpartyarisingunder,baseduponorrelatingtothisAgreement,anyTransactionAgreement,anydocumentorcertificatedeliveredinconnectionherewith,anyapplicableLaw,commonlaworotherwise(exceptpursuanttotheindemnificationprovisionssetforthinthisARTICLEX).TheprovisionsofthisSection10.04shallnot,however,preventorlimitacauseofactionunderSection11.12toobtainaninjunctionorinjunctionstopreventbreachesofthisAgreementandtoenforcespecificallythetermsandprovisionshereof.

(b)Reduction;Subrogation.

(i)TheAcquirorIndemnifiedParties’andSellerIndemnifiedParties’righttoindemnificationpursuanttothisAgreementonaccountofanyLossesshallbereducedby(A)allinsuranceorotherproceedsactually

recoveredbytheAcquirorIndemnifiedPartiesorSellerIndemnifiedParties,asapplicable,incash,fromthirdparties,withrespecttosuchLosses,including,withoutlimitation,insuranceproceedsrecoveredbytheAcquirorIndemnifiedPartiesundertheRepresentationandWarrantyInsurancePolicy,ineachcase,netofthepresentvalueofanyincreaseininsurancepremiumsorotherchargespaidbytheIndemnifiedPartyresultingfromsuchLossesandallcostsandexpensesreasonablyincurredbytheIndemnifiedPartyinrecoveringsuchproceedsfromsuchthirdparty(suchproceeds,“Third-PartyProceeds”);(B)theamountbywhichanyTaxBenefitrealizedbyanyAcquirorIndemnifiedPartyorSellerIndemnifiedPartyortheirrespectiveAffiliatesasaresultofsuchLosses(i)actuallyreducestheTaxliabilityofsuchpartyorsuchAffiliatesinthetaxableyearinwhichsuchLossesariseor(ii)isreasonablyexpectedtoactuallyreducesuchTaxliabilityinthesubsequenttaxableyear;and(C)anyamounttotheextentactuallyandspecificallyincludedasanetdeductioninthecalculationoftheFinalConsideration,asadjustedpursuanttothepost-ClosingadjustmentproceduresetforthinSection2.05.

(ii)TheAcquirorIndemnifiedPartiesshallusetheirreasonableeffortsandtakeallreasonablestepstopursueanyavailablecoverageunderany“occurrence”basedCompanyInsurancePoliciesorfromotherthirdparties,

including,withoutlimitation,pursuanttoindemnificationobligationsofthirdpartiesinfavoroftheCompanyortheTransferredSubsidiaries.IftheAcquirorIndemnifiedPartiesfailtopursuerecoveriesunderany“occurrence”basedCompanyInsurancePoliciesorfromthirdparties,including,withoutlimitation,pursuanttoindemnificationobligationsofthirdpartiesinfavoroftheCompanyortheTransferredSubsidiaries,thentheSellers’RepresentativeshallhavetherightofsubrogationtopursuesuchinsurancepoliciesorthirdpartiesonbehalfoftheSellersandmaytakeanyreasonableactionsnecessarytopursuesuchrightsofsubrogationinthenameofthepartyfromwhomsubrogationisobtained.

(iii)WithrespecttoanyClaimunderSection10.02(b)(forindemnificationforanybreachorinaccuracyofanyCompanySpecifiedRepresentation)andSection10.02(c)thatseeksindemnityforLossestotheextentin

excessoftheCap,theAcquirorshallusecommerciallyreasonableeffortstopursueanyavailablecoverageundertheRepresentationandWarrantyInsurancePolicy;provided,however,thatpursuingsuchcoverageshallnotbeaconditiontoAcquirorsubmittingaClaimunderSection10.07.

(iv)TheinabilityofanySellerIndemnifiedPartyorAcquirorIndemnifiedPartytorecoveranyThird-PartyProceedsoranythird-party’sdenialorsuccessfuldefenseofaClaimshallnotinanywaypreventorlimitsuch

SellerIndemnifiedParty’sorAcquirorIndemnifiedParty’s,asthecasemaybe,rightstoindemnificationforsuchClaimunderthisAgreement.Section10.05.LimitationsonIndemnificationofAcquirorIndemnifiedParties.NotwithstandinganythingcontainedinthisAgreementtothecontrary,therightsoftheAcquirorIndemnifiedPartiestoindemnification

underthisAgreementarelimitedasfollows:theAcquirorIndemnifiedPartiesshallnotbeentitledtoindemnificationunderSection10.02(b)(otherthanforindemnificationforanybreachorinaccuracyofanyCompanySpecifiedRepresentationorbasedonfraud)(i)withrespecttoanyClaim(oraseriesofrelatedClaimsarisingfromthesameunderlyingfactsorcirc*mstances)unlesssuchClaim(orseriesofrelatedClaimsarisingfromthesamesetoffactsorcirc*mstances)involvesLossesinexcessof$50,000(norshallanysuchexcludedClaimorseriesofrelatedClaimsbeappliedtoorconsideredforpurposesofcalculatingwhethertheDeductiblehasbeensatisfiedunderclause(ii)below)and(ii)untiltheaggregateamountofLossesforwhichAcquirorIndemnifiedPartiesareFinallyResolvedtobeotherwiseentitledtoindemnificationunderSection10.02(b)exceeds$3,325,000(the“Deductible”),inwhichcase,theAcquirorIndemnifiedPartieswillbeentitledtoindemnificationhereunderforsuchLossesinexcessoftheDeductibleforwhichtheAcquirorIndemnifiedPartiesareFinallyResolvedtobeotherwiseentitledtoindemnificationunderSection10.02(b),anduptoamaximumoftheIndemnityEscrowAmount(the“Cap”).TheAcquirorIndemnifiedPartiesshallrecovertheamountofanyLossesforwhichtheyareFinallyResolvedtobeentitledtoindemnificationunderSection10.02(b)(otherthanforindemnificationforanybreachorinaccuracyofanyCompanySpecifiedRepresentationorbasedonfraud)solelyfromtheIndemnityEscrowAccounttotheextentoftheamountthenremainingtherein.Subjecttothelimitationssetforthherein,theAcquirorIndemnifiedPartiesshallrecovertheamountofanyLossesforwhichtheyareFinallyResolvedtobeentitledtoindemnificationunderSection10.02(b)(forindemnificationforanybreachorinaccuracyofanyCompanySpecifiedRepresentationorbasedonfraud),Section10.02(c),(d),(e),(f),(g)and(h)firstfromtheIndemnityEscrowAccounttotheextentoftheamountthenremainingthereinandthenfromtheSellers,severallyandnotjointly,inaccordancewiththeirrespectiveProRataPercentageofsuchLosses.Notwithstandinganythinghereintothecontrary,claimsforLossesarisingoutoforresultingfromanybreachbyaSellerofanySellerRepresentationshallnotberecoveredfromtheIndemnityEscrowAccount,butshallbemadedirectlyagainsttheapplicableSellerandsuchSellershall,subjectonlytothefollowingsentence,befullyliableforanysuchLosses.NoSellerwillbeobligatedtoindemnifytheAcquirorIndemnifiedPartiesforanyamountinexcessoftheaggregateconsiderationactuallyreceivedbysuchSellerinrespectoftheUnitsheldbysuchSellerimmediatelypriortotheClosing.

Section10.06.LimitationsonIndemnificationofSellerIndemnifiedParties.NotwithstandinganythingcontainedinthisAgreementtothecontrary,therightsoftheSellerIndemnifiedPartiestoindemnificationunder

thisAgreementarelimitedasfollows:theSellerIndemnifiedPartiesshallnotbeentitledtoindemnificationunderSection10.03(a)(otherthanforindemnificationforanybreachorinaccuracyofanyAcquirorSpecifiedRepresentationorbasedonfraud)(i)withrespecttoanyClaim(oraseriesofrelatedClaimsarisingfromthesameunderlyingfactsorcirc*mstances)unlesssuchClaim(orseriesofrelatedClaimsarisingfromthesamesetoffactsorcirc*mstances)involvesLossesinexcessof$50,000(norshallanysuchexcludedClaimorseriesofrelatedClaimsbeappliedtoorconsideredforpurposesofcalculatingwhethertheDeductiblehasbeensatisfiedunderclause(ii)below)and(ii)untiltheaggregateamountofLossesforwhichSellerIndemnifiedPartiesareFinallyResolvedtobeotherwiseentitledtoindemnificationunderSection10.03(a)exceedstheDeductible,inwhichcase,theAcquirorshallberesponsibleforallSellerIndemnifiedParties’LossesinexcessoftheDeductibleforwhichtheSellerIndemnifiedPartiesareFinallyResolvedtobeotherwiseentitledtoindemnificationunderSection10.03(a),uptoamaximumoftheIndemnityEscrowAmount.TheSellerIndemnifiedPartiesshallrecovertheamountofanyLossesforwhichtheyareFinallyResolvedtobeentitledtoindemnificationunderSection10.03(a)(forindemnificationforanybreachorinaccuracyofanyAcquirorSpecifiedRepresentationorbasedonfraud)orSection10.03(b)fromtheAcquiror.

Section10.07.Procedures.SubjecttoSection6.08withrespecttoTaxes,thefollowingproceduresshallapplytoallclaimsforindemnificationpursuanttothisARTICLEX.Theobligationstoindemnifyandhold

harmlesspursuanttoSection10.02andSection10.03shallsurvivetheconsummationofthetransactionscontemplatedbythisAgreementuntiltheendoftheapplicablesurvivalperiodsspecifiedinSection10.01,exceptforclaimsforindemnificationassertedpriortotheendoftheapplicablesurvivalperiodinaccordancewiththisSection10.07,whichclaimsshallsurviveuntilFinallyResolved:

(a)NoticeofLossesbyAcquirorIndemnifiedParty.SubjecttothelimitationssetforthinthisAgreement,ifanyAcquirorIndemnifiedPartybelievesingoodfaiththatithasaclaimforindemnificationinaccordancewith

thisARTICLEX(an“AcquirorClaim”),theAcquirorshall,promptlyafteritbecomesawareofsuchAcquirorClaimbutinanyeventpriortotheendoftheapplicablesurvivalperiodsetforthinSection10.01,notifytheSellers’Representativeand,ifapplicable,theEscrowAgentofsuchAcquirorClaimbymeansofawrittennoticesettingforthwithreasonableparticularity,theunderlyingfactsoftheAcquirorClaimandtheAcquiror’sgood-faithandnon-bindingestimateoftheLossesincurredbytheapplicableAcquirorIndemnifiedPartywithrespecttheretoandincludingcopiesofallwrittendocumentationinthepossessionoftheAcquirorIndemnifiedPartiesrelatingtothecirc*mstancesoreventsgivingrisetosuchAcquirorClaim(an“AcquirorClaimNotice”).ThefailurebytheAcquirortopromptlydeliveranAcquirorClaimNoticeunderthisSection10.07(a)willnotadverselyaffecttheapplicableAcquirorIndemnifiedParty’srighttoindemnificationexcepttotheextentthattheSellers’RepresentativeoranySellerismateriallyprejudicedthereby.

(b)NoticeofLossesbySellerIndemnifiedParty.SubjecttothelimitationssetforthinthisAgreement,ifanySellerIndemnifiedPartybelievesingoodfaiththatithasaclaimforindemnificationinaccordancewiththis

ARTICLEX(a“SellerClaim”),theSellers’Representativeshall,promptlyafteritbecomesawareofsuchSellerClaim,notifytheAcquirorofsuchSellerClaimbymeansofawrittennoticesettingforthwithreasonableparticularity,theunderlyingfactsoftheSellerClaimandtheSellers’Representative’sgood-faithandnon-bindingestimateoftheLossesincurredbytheapplicableSellerIndemnifiedPartywithrespectthereto(a“SellerClaimNotice”andtogetherwithAcquirorClaimNotices,each,a“ClaimNotice”).ThefailurebytheSellers’RepresentativetopromptlydeliveraSellerClaimNoticeunderthisSection10.07(b)willnotadverselyaffecttheapplicableSellerIndemnifiedParty’srighttoindemnificationexcepttotheextentthattheAcquirorismateriallyprejudicedthereby.

(c)NoDispute.IfanyAcquirorIndemnifiedPartyorSellerIndemnifiedPartyseekingindemnificationhereunder(inthecaseofaSellerIndemnifiedParty,theSellers’Representative,onbehalfofsuchSellerIndemnified

Parties)(the“IndemnifiedParty”)deliversaClaimNoticeinaccordancewiththetermsofSection10.07(a)orSection10.07(b),asapplicable,thatdoesnotinvolveaThird-PartyClaim,thePersonagainstwhomindemnificationmaybesoughtunderthisAgreement(or,inthecaseoftheSellers,theSellers’Representative,onbehalfofsuchSellers)(the“IndemnifyingParty”)shallhaveaperiodoftwenty(20)BusinessDayswithinwhichtorespondinwritingtosuchClaimNoticetoindicatewhethertheIndemnifyingPartydisputesitsliabilityfortheClaimassertedinsuchClaimNoticeunderthisARTICLEX.Ifattheendofsuchtwenty(20)BusinessDayperiod,nosuchwrittenresponsedisputingtheClaimcontainedintheClaimNoticeisdeliveredbytheIndemnifyingPartytheClaimsospecifiedintheClaimNoticeshallbeconclusivelydeemedtobeaFinallyResolvedliabilityoftheIndemnifyingPartyunderthisARTICLEX,andtheIndemnifyingPartyshallpay(or,ifapplicable,causetheEscrowAgenttopayfromtheIndemnityEscrowFund)theamountofsuchliabilitytotheIndemnifiedPartyondemandor,inthecaseofanyClaimNoticeinwhichtheamountoftheClaim(oranyportionoftheClaim)isestimated,onsuchlaterdatewhentheamountofsuchClaim(orsuchportionofsuchClaim)becomesdeterminedbytheIndemnifiedParty.IftheIndemnifyingPartyhastimelydisputeditsliabilitywithrespecttosuchClaimasprovidedabove,theIndemnifyingPartyandtheIndemnifiedPartyshallnegotiateingoodfaithtoFinallyResolvesuchClaims.

(d)OpportunitytoDefendThird-PartyClaims.

(i)IntheeventofanyclaimbyathirdpartyagainstanyIndemnifiedPartyforwhichindemnificationisormaybeavailableunderthisARTICLEX(whetherpursuanttoaProceeding,lawsuit,otherlegalaction,claim,

demandorotherwise,a“Third-PartyClaim”andtogetherwithAcquirorClaimsandSellerClaims,each,a“Claim”),uponreceiptbytheIndemnifyingPartyofaClaimNoticepursuanttoSection10.07(a)orSection10.07(b),asapplicable,theIndemnifyingPartymay,bywrittennoticetotheIndemnifiedPartydeliveredwithintwenty(20)BusinessDaysofthereceiptoftheClaimNoticerelatedtosuchThird-PartyClaim,andsubjecttoanyapplicablerightsoftheinsurerundertheRepresentationandWarrantyInsurancePolicy,assumeandcontrolthedefenseofsuchThird-PartyClaimingoodfaithbyappropriateProceedingspromptlytakenorinstitutedanddiligentlypursued,includingtheemploymentandengagementofattorneysofitsownchoicereasonablyacceptabletotheIndemnifiedPartytohandleanddefendsuchThird-PartyClaim,provided,however,thattheIndemnifyingPartyshallbeentitledtodirectthedefenseforonlyaslongas(i)theunderlyingClaimisnotinrespectofanymatterinvolvingcriminalliabilityand(ii)theprimaryremedysoughtundertheunderlyingClaimisnottheimpositionofanyequitableremedythatwouldbebindinguponanyAcquirorIndemnifiedPartyoranyofitsAffiliates(includingtheCompanyanditsAffiliates).

(ii)IftheIndemnifyingPartyhasassumedthedefenseofanyThird-PartyClaim:

A.TheIndemnifiedPartyshall,andshallcause,directorrequesteachofitsAffiliatesandRepresentatives,to,reasonablycooperatewiththeIndemnifyingPartyinthedefenseofsuchThird-PartyClaim.AllreasonablecostsandexpensesincurredinconnectionwithsuchreasonablecooperationshallbebornebytheIndemnifyingParty.

B.TheIndemnifyingPartyshallkeeptheIndemnifiedPartyreasonablyinformedoftheprogressofanysuchdefenseincludingtheavailabilityofanycompromiseorsettlement.C.TheIndemnifiedPartymayatit*owncostandexpenseparticipateinthedefensewithitsownseparatecounselandatit*ownexpense;provided,however,thatiftheIndemnifiedPartyshallhavereceivedwritten

advicefromoutsidecounsel(whichneednotbeintheformofaformalwrittenopinionofsuchcounselandwhichmaybeintheformofanemailindicationofsuchcounsel’sadvice)thatanactualorpotentialconflictofinterest(includingoneormorelegaldefensesorcounterclaimsavailabletosuchIndemnifiedPartyortootherIndemnifiedPartieswhicharedifferentfromoradditionaltothoseavailabletotheIndemnifyingParty)wouldmakeitinappropriateforthesamecounseltorepresentboththeIndemnifyingPartyandtheIndemnifiedPartywithrespecttotheThird-PartyClaimandtheIndemnifiedPartychoosestoparticipateinthedefenseofsuchThird-PartyClaimwithitsownseparatecounsel,thentheIndemnifyingPartyshallbeliableforthereasonablefees,costsandexpensesofcounselemployedbytheIndemnifiedParty.

D.TheIndemnifyingPartyshallnot,withoutthepriorwrittenconsentoftheIndemnifiedParty,andsubjecttoanyapplicablerightsoftheinsurerundertheRepresentationandWarrantyInsurancePolicy,consenttoa

settlement,compromiseordischargeof,ortheentryofanyjudgmentarisingfrom,suchThird-PartyClaim,unless(A)suchsettlement,compromise,dischargeorentryofanyjudgment(1)doesnotinvolveanyfindingoradmissionofanyviolationofLaworadmissionofanywrongdoingbyoronbehalfoftheIndemnifiedPartyoranyviolationoftherightsofanyPersonbyoronbehalfoftheIndemnifiedPartyanddoesnotincludeastatementoradmissionoffault,culpabilityorfailuretoactbyoronbehalfoftheIndemnifiedPartyand(2)doesnotsubjecttheIndemnifiedPartytoanyinjunctiverelieforotherequitableremedyanddoesnotencumberanyoftheassetsoroperationsofanyIndemnifiedParty,and(B)theIndemnifyingPartyshall(1)payorcausetobepaidallamountsarisingoutofsuchsettlementorjudgmentconcurrentlywiththeeffectivenessofsuchsettlementorjudgment(unlessotherwiseprovidedinsuchjudgmentand,insuchcase,inaccordancewithsuchjudgment)and(2)obtain,asaconditionofanysettlement,compromise,discharge,entryofjudgment(ifapplicable),orotherresolution,acompleteandunconditionalreleaseofeachIndemnifiedPartyfromanyandallliabilitiesinrespectofsuchThird-PartyClaim.

(iii)TheIndemnifiedPartymaytakeanyactionsreasonablynecessarytodefendaThird-PartyClaimpriortothetimetheIndemnifyingPartyassumesthedefensethereofandtheIndemnifyingPartyshallbeliableforthereasonablefees,costsandexpensesofcounselemployedbytheIndemnifiedPartyforsuchperiod.

(iv)IftheIndemnifyingPartyfailsorelectsnottoassumethedefenseofsuchThird-PartyClaiminaccordancewiththisSection10.07(d)withintwenty(20)BusinessDaysafterdeliveryoftheClaimNoticeforsuch

Third-PartyClaim:

E.TheIndemnifiedPartyagainstwhichsuchThird-PartyClaimhasbeenassertedshall(upondeliveringnoticetosucheffecttotheIndemnifyingParty)havetherighttoundertakethedefenseofsuchThird-PartyClaim,andtheIndemnifyingPartyshallbeliableforanyLossesofsuchThird-PartyClaim,ifany,whenFinallyResolvedandsubjecttothetermsofthisAgreement.

F.TheIndemnifiedPartyshallkeeptheIndemnifyingPartyreasonablyinformedoftheprogressofanysuchdefenseincludingtheavailabilityofanycompromiseorsettlement.G.TheIndemnifiedPartyshallnotconsenttoasettlement,compromiseordischargeof,ortheentryofanyjudgmentarisingfrom,suchThird-PartyClaimoradmittoanyliabilitywithrespecttosuchThird-PartyClaim

withoutthepriorwrittenconsentoftheIndemnifyingParty(whichconsentshallnotbeunreasonablywithheld,conditionedordelayedinthecaseofanyThird-PartyClaimthattheIndemnifyingPartyhaselectednottodefend).

(v)ExceptwithrespecttoanysharingofprivilegedmaterialsunderanycommoninterestagreementorjointdefenseagreemententeredintobytheSellers’RepresentativeandtheAcquiror,theIndemnifiedPartyshallnot

berequiredtomakeavailabletotheIndemnifyingPartyanyinformationtotheextentit(A)issubjecttoanattorney-clientorotherapplicablelegalprivilegeoranyconfidentialityagreementorobligationprohibitingitsdisclosureor(B)mightrevealanysuchprivilegedorconfidentialinformation;provided,however,thatiftheIndemnifyingPartyhasassumedthedefenseofaThird-PartyClaim,theIndemnifiedPartyshallrequest,butshallnotberequiredtoobtain,awaiverofanysuchconfidentialityobligationsuponthereasonablewrittenrequestoftheIndemnifyingPartyandtheIndemnifiedPartyandtheIndemnifyingPartyshallcooperateinseekingtofindawaytoallowdisclosureofprivilegedinformationpursuanttothisSection10.07(d)(iv)withoutcausingsuchprivilegetobelost.

(e)TotheextentthisSection10.07isinconsistentwithSection6.08withrespecttoanyTaxmatter,theprovisionsofSection6.08shallcontrol.

Section10.08.Mitigation.EachpartyshalltakecommerciallyreasonablestepstomitigateanyofitsLossesuponbecomingawareofanyeventwhichwouldreasonablybeexpectedto,ordoes,giverisethereto.

Section10.09.MannerofPayment;Escrow.

(a)IntheeventaClaimforindemnificationunderthisARTICLEXhasbeenFinallyResolved,subjecttothelimitationssetforthherein,theamountofLossessoFinallyResolvedshallbepaid,ineachcasenolaterthan

three(3)BusinessDaysaftersuchClaimhasbeenFinallyResolved:

(i)SubjecttoSection10.09(b),iftheIndemnifiedPartyisanAcquirorIndemnifiedParty,totheIndemnifiedPartyfromtheIndemnityEscrowAccountorbytheSellers,asapplicable,inaccordancewiththeEscrowAgreementandthisARTICLEX,promptlyfollowingwrittendemanddeliveredtotheSellers’Representative;and

(ii)iftheIndemnifiedPartyisaSellerIndemnifiedParty,totheIndemnifiedPartybytheAcquirorondemand(whichdemandmaybemadebytheSellers’Representative)inimmediatelyavailablefunds.

(b)AnyamountofLossesFinallyResolvedandpayablebyanIndemnifyingPartypursuanttothisARTICLEXshallbepaidpromptlyandpaymentshallnotbedelayedorreducedpendinganydeterminationorreceiptofThird-PartyProceedsrelatingtosuchLosses,subjecttothelimitationssetforthherein.InanycasewhereanIndemnifiedPartyrecoversanyThird-PartyProceedsrelatingtoLossespreviouslypaidtosuchIndemnifiedPartybyanIndemnifyingPartypursuanttothisARTICLEX,suchIndemnifiedPartyshallpromptlypayovertotheapplicableIndemnifyingParty(or,inthecasewheretheLossespreviouslypaidpursuanttoSection10.09(a)(i)werepaidfromtheIndemnityEscrowAccount,totheEscrowAgentfordepositintotheIndemnityEscrowAccountor,aftertheIndemnityEscrowTerminationDate,totheSellers’RepresentativeonbehalfoftheSellers)thelesserof(i)theamountofsuchThird-PartyProceedsand(ii)theamountofLossespreviouslypaidbytheIndemnifyingPartytooronbehalfoftheIndemnifiedPartytowhichsuchThird-PartyProceedsrelate.

(c)OntheIndemnityEscrowTerminationDate,thebalanceofthefundsremainingintheIndemnityEscrowAccount(lesstheaggregateportionoftheremainingfundsintheIndemnityEscrowAmountclaimedbythe

AcquirorIndemnifiedPartiespursuanttoClaimsmadeagainstsuchfundsinaccordancewiththisAgreementandnotFinallyResolvedpriortosuchdate)shallbereleasedtotheSellers’Representative(forthebenefitofSellers).AtanytimefollowingtheIndemnityEscrowTerminationDate,totheextenttheavailablebalanceintheIndemnityEscrowAccountexceedstheaggregateportionoftheamountclaimedbytheAcquirorIndemnifiedPartiespursuanttoClaimsmadeinaccordancewiththetermsofthisAgreementandtheEscrowAgreement,andnotFinallyResolvedpriortothetimeofdetermination,suchexcessshallbepromptlyreleasedtotheSellers’Representative(forthebenefitofSellers)withinthree(3)BusinessDaysbywiretransferofimmediatelyavailablefundstoanaccountoraccountsdesignatedbytheSellers’Representative.

(d)UponreceiptofanyfundspursuanttoSection10.09(c),theSellers’RepresentativeshalldistributeorcausetobedistributedtheportionofsuchfundstowhichanySellerisentitled,ifany,tosuchSellerinaccordance

withsuchSeller’sProRataPercentage,notlaterthanfive(5)BusinessDaysfromthedateofreceipt.

Section10.10.NoRighttoContribution.FromandaftertheClosing,(a)neithertheSellers’RepresentativenoranySellershallmakeanyclaimforindemnification,contribution,reimbursem*nt,set-offorsimilarrightsofrecoveryfromtheAcquirororanyofitsSubsidiariesoranyoftheirrespectiveofficers,directorsoremployeeswithrespecttoanyLossesofanyAcquirorIndemnifiedPartyarisingunderorinconnectionwithSection10.02,and(b)theSellers’Representative,onitsownbehalfandonbehalfofallSellers,herebywaivesandrelinquishesanyandallrightstoindemnification,contribution,reimbursem*nt,set-offorsimilarrightsofrecovery,whetherknownorunknown,againsttheAcquirororanyofitsSubsidiariesoranyoftheirrespectiveofficers,directorsoremployeesthatithasormayhaveinthefuturewithrespecttoanybreach,defaultornon-performancebytheCompanyofanyrepresentationorwarrantycontainedinthisAgreementoranycovenantoragreementcontainedinthisAgreementthatbyitstermsistobeperformedonorpriortotheClosingDateoranyotheractionoromissionbytheCompanyoranyofitsSubsidiariesoranyoftheirrespectiveofficers,directorsoremployeesoccurringpriortotheClosingthatmaybeallegedtohaveresultedinanyLossesofanyAcquirorIndemnifiedPartyarisingunderorinconnectionwiththisAgreement.

Section10.11.AdjustmenttoConsideration.ForTaxpurposes,anypaymentsmadepursuanttothisARTICLEXshallbeconstruedasanadjustmenttotheFinalConsiderationtothemaximumextentpermittedby

applicableLaw.

ARTICLEXI

GENERALPROVISIONS

Section11.01.Expenses.ExceptasmaybeotherwisespecifiedinthisAgreementandtheotherTransactionAgreements,allcostsandexpenses,includingfeesanddisbursem*ntsofcounsel,financialadvisersandaccountants,incurredinconnectionwiththisAgreementandtheotherTransactionAgreementsandthetransactionscontemplatedbythisAgreementandtheotherTransactionAgreementsshallbepaidbythePersonincurringsuchcostsandexpenses,whetherornottheClosingshallhaveoccurred.

Section11.02.Notices.Allnotices,requests,claims,demandsandothercommunicationsunderthisAgreementshallbeinwritingandshallbegivenormade(andshallbedeemedtohavebeendulygivenormade

uponreceipt)bydeliveryinperson,byovernightcourierservice,byfacsimilewithreceiptconfirmed(followedbydeliveryofanoriginalviaovernightcourierservice)orbyregisteredorcertifiedmail(postageprepaid,returnreceiptrequested)totherespectivepartiesheretoatthefollowingrespectiveaddresses(oratsuchotheraddressforapartyheretoasshallbespecifiedinanoticegiveninaccordancewiththisSection11.02):

(i) iftotheCompanypriortotheClosing: TAPAutomotiveHoldings,LLC 400WestArtesiaBoulevard Compton,CA90220 Attention:DarrenM.Salvin,Esq. Facsimile:(310)747-3907 Email:[emailprotected] withacopyto: Sullivan&CromwellLLP 125BroadStreet NewYork,NewYork10004-2498 Attention:StephenM.Kotran,Esq. Facsimile:(212)291-9086 (ii) iftotheSellers'Representative,onbehalfofeachSeller: ORIXFundsCorp. 1717MainStreet,Suite1100,Dallas,TX75201 Attn:RobertJ.B.Lenhardt Email:[emailprotected] Facsimile:214-237-2152 withacopyto: Sullivan&CromwellLLP 125BroadStreet NewYork,NewYork10004-2498 Attention:StephenM.Kotran,Esq. Facsimile:(212)291-9086 (iii) iftotheAcquirorortotheCompanyaftertheClosing: PolarisIndustriesInc. 2100Highway55 Medina,MN55340 Attention:SeniorVicePresident,CorporateDevelopment Facsimile:(763)542-0595

withacopyto: PolarisIndustriesInc. 2100Highway55 Medina,MN55340 Attention:GeneralCounsel Facsimile:(763)542-0595 withacopyto: FaegreBakerDanielsLLP 2200WellsFargoCenter 90S.SeventhStreet Minneapolis,MN55402 Attention:W.MorganBurns,Esq. Facsimile:(612)766-1600

Section11.03.PublicAnnouncements.NopartyheretooranyAffiliateorRepresentativeofsuchpartyshallissueorcausethepublicationofanypressreleaseorpublicannouncementorotherwisecommunicatewith

anynewsmediainrespectofthisAgreementorthetransactionscontemplatedbythisAgreementwithoutthepriorwrittenconsentoftheotherpartyhereto(whichconsentshallnotbeunreasonablywithheld,conditionedordelayed),except(a)asmayberequiredbyLaworapplicablesecuritiesexchangerules,inwhichcasethepartyheretorequiredtopublishsuchpressreleaseorpublicannouncementshallallow,totheextentreasonablypracticable,theotherpartiesheretoareasonableopportunitytocommentonsuchpressreleaseorpublicannouncementinadvanceofsuchpublicationor(b)totheextentreasonablynecessaryforapartyheretotoenforceitsrightsandremediesunderthisAgreement.PriortotheClosing,noneofthepartieshereto,noranyoftheirrespectiveAffiliatesorRepresentatives,shallmakeanydisclosureconcerningplansorintentionsrelatingtothecustomers,agentsoremployeesof,orotherPersonswithsignificantbusinessrelationshipswith,theCompanyoranyoftheTransferredSubsidiarieswithoutfirstobtainingthepriorwrittenapprovaloftheotherpartieshereto,whichapprovalshallnotbeunreasonablywithheld,conditionedordelayed.

Section11.04.Severability.IfanytermorotherprovisionofthisAgreementisinvalid,illegalorincapableofbeingenforcedunderanyLaworasamatterofpublicpolicy,allotherconditionsandprovisionsofthis

AgreementshallneverthelessremaininfullforceandeffectsolongastheeconomicorlegalsubstanceofthetransactionscontemplatedbythisAgreementisnotaffectedinanymannermateriallyadversetoanypartyhereto.Uponsuchdeterminationthatanytermorotherprovisionisinvalid,illegalorincapableofbeingenforced,thepartiesheretoshallnegotiateingoodfaithtomodifythisAgreementsoastoeffecttheoriginalintentofthepartiesheretoascloselyaspossibleinamutuallyacceptablemannerinorderthatthetransactionscontemplatedbythisAgreementbeconsummatedasoriginallycontemplatedtothegreatestextentpossible.

Section11.05.EntireAgreement.ExceptasotherwiseexpresslyprovidedintheTransactionAgreements,thisAgreementandtheotherTransactionAgreementsconstitutetheentireagreementofthepartiesheretowith

respecttothesubjectmatteroftheTransactionAgreementsandsupersedeallprioragreementsandundertakings,bothwrittenandoral,otherthantheConfidentialityAgreementtotheextentnotinconflictwiththisAgreement,betweenoronbehalfofthepartiesheretowithrespecttothesubjectmatteroftheTransactionAgreements.

Section11.06.Assignment.ThisAgreementshallnotbeassigned,inwholeorinpart,byoperationoflaworotherwisewithoutthepriorwrittenconsentofthepartieshereto.Anyattemptedassignmentinviolationof

thisSection11.06shallbevoid.ThisAgreementshallbebindingupon,shallinuretothebenefitof,andshallbeenforceablebythepartiesheretoandtheirsuccessorsandpermittedassigns.Section11.07.NoThirdPartyBeneficiaries.ExceptasprovidedinARTICLEXwithrespecttoSellerIndemnifiedPartiesandAcquirorIndemnifiedPartiesandasprovidedinSection7.01(c),thisAgreementisfor

thesolebenefitofthepartiesheretoandtheirsuccessorsandpermittedassigns,andnothinginthisAgreement,expressorimplied,isintendedtoorshallconferuponanyotherPersonanylegalorequitableright,benefitorremedyofanynaturewhatsoeverunderorbyreasonofthisAgreement.

Section11.08.Amendment;Waiver.NoprovisionofthisAgreementoranyotherTransactionAgreementsmaybeamended,supplementedormodifiedexceptbyawritteninstrumentsignedbyAcquirorandSellers’

Representative.NoprovisionofthisAgreementoranyotherTransactionAgreementmaybewaivedexceptbyawritteninstrumentsignedbythepartyagainstwhomthewaiveristobeeffective.Nofailureordelaybyanypartyheretoinexercisinganyright,powerorprivilegehereundershalloperateasawaiverthereofnorshallanysingleorpartialexercisethereofprecludeanyotherorfurtherexercisethereofortheexerciseofanyotherright,powerorprivilege.TherightsandremedieshereinprovidedshallbecumulativeandnotexclusiveofanyrightsorremediesprovidedbyLaw.

Section11.09.DisclosureSchedules.MattersreflectedinanySectionofthisAgreement,includinganysectionorsubsectionoftheSellersDisclosureScheduleortheCompanyDisclosureSchedule,arenotnecessarily

limitedtomattersrequiredbythisAgreementtobesoreflected.Suchadditionalmattersaresetforthforinformationalpurposesanddonotnecessarilyincludeothermattersofasimilarnature.NoreferencetoordisclosureofanyitemorothermatterinanySectionorScheduleofthisAgreement,includinganysectionorsubsectionoftheSellersDisclosureScheduleortheCompanyDisclosureSchedule,shallbeconstruedasanadmissionorindicationthatsuchitemorothermatterismaterialorthatsuchitemorothermatterisrequiredtobereferredtoordisclosedinthisAgreement,theSellersDisclosureScheduleortheCompanyDisclosureSchedule.Withoutlimitingtheforegoing,nosuchreferencetoordisclosureofapossiblebreachorviolationofanycontract,LaworGovernmentalOrdershallbeconstruedasanadmissionorindicationthatbreachorviolationexistsorhasactuallyoccurred.

Section11.10.GoverningLaw;SubmissiontoJurisdiction;WaiverofJuryTrial.(a)TheTransactionAgreements,theTransactionsandallclaimsanddefensesarisingoutoforrelatingtoanysuchtransactionsoragreementsortheformation,breach,terminationorvalidityofanysuchagreements,shall

inallrespectsbegovernedby,andconstruedinaccordancewith,theLawsoftheStateofDelawarewithoutgivingeffecttoanyconflictsofLawprinciplesofsuchstatethatwouldapplytheLawsofanotherjurisdiction.

(b)Eachpartyheretoirrevocablyandunconditionally:

(i)submitsforitselfanditspropertytotheexclusivejurisdictionoftheDelawareCourtofChancery,oriftheDelawareCourtofChancerylacksjurisdictionofthesubjectmatter,theUnitedStatesDistrictCourtforthe

DistrictofDelaware,orifboththeDelawareCourtofChanceryandtheUnitedStatesDistrictCourtfortheDistrictofDelawarelackjurisdictionofthesubjectmatter,anycourtofcompetentjurisdictionsittingintheStateofDelaware,inanyActiondirectlyorindirectlyarisingoutoforrelatingtothisAgreement,thetransactionscontemplatedbythisAgreement,ortheformation,breach,terminationorvalidityofthisAgreementandagreesthatallclaimsinrespectofanysuchActionshallbeheardanddeterminedsolelyinsuchcourt;

(ii)consentsthatanysuchActionmayandshallbebroughtinsuchcourtsandwaivesanyobjectionthatitmaynoworhereafterhavetothevenueorjurisdictionofanysuchActioninsuchcourtorthatsuchcourtisan

inconvenientforumfortheActionandagreesnottoassert,pleadorclaimthesame;(iii)agreesthatthefinaljudgmentofsuchcourtshallbeenforceableinanycourthavingjurisdictionovertherelevantpartyoranyofitsassets;(iv)irrevocablywaivesanyrighttoremoveanysuchActionfromtheDelawareCourtofChancerytoanyfederalcourt;(v)agreesthatserviceofprocessinanysuchActionmaybeeffectedbymailingacopyofsuchprocessbyregisteredorcertifiedmail(oranysubstantiallysimilarformofmail),postageprepaid,tosuchpartyatit*

addressasprovidedinSection11.02;and(vi)agreesthatnothinginthisAgreementshallaffecttherighttoeffectserviceofprocessinanyothermannerpermittedbytheapplicablerulesofprocedure.

(c)EACHPARTYHERETOACKNOWLEDGESANDAGREESTHATANYCONTROVERSYTHATMAYARISEUNDERANYOFTHETRANSACTIONAGREEMENTSISLIKELYTOINVOLVECOMPLICATEDANDDIFFICULTISSUES,ANDTHEREFOREEACHSUCHPARTYHEREBYIRREVOCABLYANDUNCONDITIONALLYWAIVESANYRIGHTSUCHPARTYMAYHAVETOATRIALBYJURYINRESPECTOFANYACTIONDIRECTLYORINDIRECTLYARISINGOUTOFORRELATINGTOTHISAGREEMENT,THEOTHERTRANSACTIONAGREEMENTSORTHETRANSACTIONSCONTEMPLATEDBYTHISAGREEMENTORTHEOTHERTRANSACTIONAGREEMENTSORTHEFORMATION,BREACH,TERMINATIONORVALIDITYOFTHISAGREEMENTORANYOTHERTRANSACTIONAGREEMENT.EACHPARTYHERETOCERTIFIESANDACKNOWLEDGESTHAT(I)NOREPRESENTATIVE,AGENTORATTORNEYORANYOTHERPARTYHASREPRESENTED,EXPRESSLYOROTHERWISE,THATSUCHOTHERPARTYWOULDNOT,INTHEEVENTOFLITIGATION,SEEKTOENFORCETHEFOREGOINGWAIVER,(II)EACHPARTYHERETOUNDERSTANDSANDHASCONSIDEREDTHEIMPLICATIONSOFTHISWAIVER,(III)EACHPARTYHERETOMAKESTHISWAIVERVOLUNTARILYAND(IV)EACHPARTYHERETOHASBEENINDUCEDTOENTERINTOTHISAGREEMENTBY,AMONGOTHERTHINGS,THEMUTUALWAIVERSANDCERTIFICATIONSOFTHISSECTION11.10.ANYPARTYHERETOMAYFILEANORIGINALCOUNTERPARTORACOPYOFTHISAGREEMENTWITHANYCOURTASWRITTENEVIDENCEOFTHECONSENTOFTHEPARTIESTOTHEWAIVEROFTHEIRRIGHTTOTRIALBYJURY.

Section11.11.RulesofConstruction.InterpretationofthisAgreementandtheotherTransactionAgreements(exceptasspecificallyprovidedinanysuchotherTransactionAgreements,inwhichcasesuchspecified

rulesofconstructionshallgovernwithrespecttosuchotherTransactionAgreements)shallbegovernedbythefollowingrulesofconstruction:(a)wordsinthesingularshallbeheldtoincludethepluralandviceversa,andwordsofonegendershallbeheldtoincludetheothergenderasthecontextrequires;(b)referencestothetermsPreamble,Recitals,Article,Section,paragraph,ScheduleandExhibitarereferencestothePreamble,Recitals,Articles,Sections,paragraphs,SchedulesandExhibitstothisAgreementunlessotherwisespecified;(c)referencesto“$”shallmeanU.S.dollars;(d)theword“including”andwordsofsimilarimportshallmean“includingwithoutlimitation,”unlessotherwisespecified;(e)theword“or”shallnotbeexclusive;(f)thewords“herein,”“hereof,”“hereunder”or“hereby”andsimilartermsaretobedeemedtorefertothisAgreementasawholeandnottoanyspecificSection;(g)theheadingsareforreferencepurposesonlyandshallnotaffectinanywaythemeaningorinterpretationoftheTransactionAgreements;(h)theTransactionAgreementsshallbeconstruedwithoutregardtoanypresumptionorrulerequiringconstructionorinterpretationagainstthepartydraftingorcausinganyinstrumenttobedrafted;(i)ifawordorphraseisdefined,theothergrammaticalformsofsuchwordorphrasehaveacorrespondingmeaning;(j)referencestoanystatute,listingrule,rule,standard,regulationorotherlawincludeareferenceto(A)thecorrespondingrulesandregulationsand(B)eachofthemasamended,modified,supplemented,consolidated,replacedorrewrittenfromtimetotime;(k)referencestoanysectionofanystatute,listingrule,rule,standard,regulationorotherlawincludeanysuccessortosuchsection;(l)referencestoanyPersonincludesuchPerson’spredecessorsorsuccessors,whetherbymerger,consolidation,amalgamation,reorganizationorotherwise;and(m)referencestoanyContractororganizationaldocumentaretotheContractororganizationaldocumentasamended,modified,supplementedorreplacedfromtimetotime,unlessotherwisestated.

Section11.12.SpecificPerformance.SubjecttoSection10.04,(a)thepartiesheretoagreethatirreparabledamagewouldoccurintheeventthatanyoftheprovisionsofthisAgreementwerenotperformedin

accordancewiththeirspecifictermsorwereotherwisebreached,(b)itisaccordinglyagreedthat,withoutthenecessityofpostingbondorotherundertaking,thepartiesheretoshallbeentitledtoaninjunctionorinjunctionstopreventbreachesofthisAgreementandtoenforcespecificallythetermsandprovisionsofthisAgreementinaccordancewiththisAgreement,thisbeinginadditiontoanyotherremedytowhichsuchpartyisentitledatlaworinequityand(c)intheeventthatanyActionisbroughtinequitytoenforcetheprovisionsofthisAgreement,nopartyheretoshallallege,andeachpartyheretoherebywaivesthedefenseorcounterclaimthatthereisanadequateremedyatlaw.

Section11.13.Counterparts.ThisAgreementandeachoftheotherTransactionAgreementsmaybeexecutedinoneormorecounterparts,andbythedifferentpartiestoeachsuchagreementinseparatecounterparts,

eachofwhichwhenexecutedshallbedeemedtobeanoriginalbutallofwhichtakentogethershallconstituteoneandthesameagreement.DeliveryofanexecutedcounterpartofasignaturepagetoanyTransactionAgreementbyfacsimileorothermeansofelectronictransmissionshallbeaseffectiveasdeliveryofamanuallyexecutedcounterpartofsuchTransactionAgreement.

[signaturepagesfollow]

INWITNESSWHEREOF,thepartiesheretohavecausedthisAgreementtobeexecutedonthedatefirstwrittenabove.

BytheCompany:

TAPAUTOMOTIVEHOLDINGS,LLC By: /s/DarrenSalvin Name: DarrenM.Salvin,Esq. Title: G.C.,EVP.,Member

BytheSellers’Representative,solelyinitscapacityastheSellers’Representative:

ORIXFUNDSCORP. By: /s/PaulWilson Name: PaulWilson Title: ChiefFinancialOfficer

BySeller: TAPL,LLC By: ORIXFUNDSCORP.,itsMember By: /s/PaulWilson Name: PaulWilson Title: ChiefFinancialOfficer

BySeller: GregAdler /s/GregAdler By:GregAdler

BySeller: TimMongi /s/TimMongi By:TimMongi

BySeller: RichBotello /s/RichBotello By:RichBotello

BySeller: JimArteaga /s/JimArteaga By:JimArteaga

BySeller: BobCampanelli /s/BobCampanelli By:BobCampanelli

BySeller: GregGardiner /s/GregGardiner By:GregGardiner

BySeller: MarkLane /s/MarkLane By:MarkLane

BySeller: DaveRittenhouse /s/DaveRittenhouse By:DaveRittenhouse

BySeller: DarrenSalvin /s/DarrenSalvin By:DarrenSalvin

BySeller: RipperGledhill /s/RichardGledhill By:RichardGledhill

BySeller: RobForman /s/RobForman By:RobForman

BySeller: KenRourke /s/KenRourke By:KenRourke

BySeller: SeanAngues /s/SeanAngues By:SeanAngues

BytheAcquiror: POLARISINDUSTRIESINC. By: /s/ScottW.Wine Name: ScottW.Wine Title: ChiefExecutiveOfficer

Exhibit99.1

CONTACT:PolarisIndustriesInc.MediaContactKellyBasgen763-519-1740[emailprotected]orInvestorContactRichardEdwards763-513-3477[emailprotected]

PolarisIndustriesInc.AnnouncesAgreementtoAcquireTransamericanAutoParts

Verticallyintegrated,multi-channelmarketleaderinOff-RoadJeepandtruckaftermarketaccessorieswithsalesofapproximately$740millionandsignificantgrowthpotential

Highlycomplementaryproductsservingoff-roadenthusiastcustomers;extendsPolarismarketreach

Compellingfinancialbenefits,includingsignificantsynergyopportunities

Expectedaccretiontoearningspershare,excludingpurchaseaccounting/acquisitioncosts,forthefullyear2017

MINNEAPOLIS--(BUSINESSWIRE)--October12,2016--PolarisIndustriesInc.(NYSE:PII)(“Polaris”orthe“Company”)announcedtodaythatithasenteredintoanagreementtoacquireTransamericanAutoPartsCompany(“TAP”),aprivatelyheld,verticallyintegratedmanufacturer,distributor,retailerandinstallerofoff-roadJeepandtruckaccessories,foranaggregateconsiderationof$665million,subjecttocustomaryclosingadjustments.Afteradjustingforthe$115millionestimatednetpresentvalueoffuturetaxbenefits,thepurchasepriceimpliesamultipleofapproximately9.0timesTAP’sEBITDAforthe12monthsendedSeptember30,2016.

TAPisaleaderinthehighlyfragmentedandgrowing$10+billionJeepandtruckaccessorymarket.TAPsellsandinstallsanextensivelineofaccessoriesforJeepandtruckenthusiasts,includingproductsmanufacturedunderitssevenproprietary,industry-leadingaftermarketbrands:PROCOMP®,RUBICONEXPRESS,SMITTYBILT®,POISONSPYDER™,G2™,LRG®andTRAILMASTER®.TAPisthelargestretailerandinstallerintheNorthAmericanmarket,sellingthroughitsownretailandon-linenetworkwhilealsosupportingnumerousindependentaccessoryretailers/installers.Forthelast12monthsendedSeptember30,2016,TAPgeneratedapproximately$740millioninsales,andfrom2012through2015,achievedcompoundannualsalesgrowthof15percentandcompoundannualEBITDAgrowthof17percent.

“WeareexcitedtoaddTAP’smarketleadingmulti-channelbusiness,proprietarybrands,provenmanagementteamandexperiencedemployeestothePolarisportfolio,”saidPolarisChairmanandChiefExecutiveOfficerScottW.Wine.“Thistransactionisconsistentwithourlongtermstrategy,providesusanimmediateleadershippositioninagrowingmarket,andallowsustoacceleratePolaris’growthandprofitability.TAP’sproductsandservicesforcustomersintheoff-roadfour-wheel-drive(‘4WD’)marketcorrespondcloselytoourOff-RoadVehicle(‘ORV’)business.Further,bybroadeningTAP’sproprietaryproductlines,expandingitsretailanddistributionfootprint,whereappropriate,andcross-sellingbothcompanies’extensiveproductofferingstoalargecombinedinstalledbase,webelievewewillcreatesignificantvalueforourstakeholders.Oursimilarcultures,centeredoninnovativebrandsandperformance,makeTAPagreatadditiontoPolaris’expandingportfolio.”

“Overthepast55years,ouremployeeshavebuiltacompanythatpridesitselfonservingourcustomerswithqualityproductsatcompetitiveprices,”saidGregAdler,TAP’sPresidentandChiefExecutiveOfficer.“WeseetremendousopportunityforfurthergrowthaswebecomeanintegralpartofthePolarisorganization.CombiningTAPwithPolaris’aftermarketbrandportfoliofacilitatessignificantsynergies,whilePolaris’financialresourcesprovidethebackingweneedtopursueavarietyofgrowthprospectswehaveidentifiedacrosstheorganization.”

StrategicandFinancialBenefits

HighlyComplementaryProductLines:Thisacquisitioncreatesaleadingcompanyacrossthe4WDoff-roadenthusiastmarketandextendsPolaris’presenceinaftermarketaccessoriestoattractnewconsumerstoPolaris’existingportfolio.Inparticular,TAP’sfour-wheel-driveaftermarketproductsarehighlycomplementarytoPolarisORVbusiness.

ExpandedAccessoriesPortfolioandNewProductInnovationCapabilities:SignificantopportunitiesexisttoincorporateTAP’sconsiderableoff-roadproductdevelopmentexpertiseintothecreationofinnovativeaccessoriesandcapabilitiesforPolarisEngineeredproductofferings,whileutilizingPolaris’financialstrengthtoaccelerateTAP’sproductdevelopmentforitsJeepandtruckcustomers.

SignificantGrowthPotential:TAPmanufacturesandsourcessevenproprietarybrandsandsellsanddistributesproductsthroughmultiplechannels,including754WheelPartsstoresandtworobustonlineplatforms(www.4wheelparts.comandwww.4wd.com).TAPsellsitsbrands,aswellasmorethan200non-proprietaryleadingbrands,throughitsowndistributionchannelsandvariousindependentretailers/installers.Polaris’financialstrengthcreatesopportunitiestoaccelerateTAP’smarketpenetration,andwhereappropriate,sellselectPolarisaftermarketbrandsthroughTAP’sretailoutlets.

CompellingFinancialBenefits:ThetransactionisexpectedtobeaccretivetoPolaris’earningspershare,excludingpurchaseaccounting/acquisitioncosts,forthefullyear2017.TheCompanyexpectsmeaningfulannualcostsavingswithinthreeyearsfollowingclosing,primarilyfromefficienciesrelatedtoprocurement,distribution,andexpandedproductofferings.

Thetransactionissubjecttoregulatoryapprovalandothercustomaryclosingconditions,andisexpectedtoclosebyyear-end2016.Followingtheclosingofthetransaction,TAPwilloperateasad*stinctbusinessunitreportingtoSteveEastman,Polaris’PG&APresident.Polarisexpectstofundtheacquisitionwithborrowingsunderexistingcreditfacilities.

BofAMerrillLynchactedasexclusivefinancialadvisortoPolaris,andFaegreBakerDanielsLLPactedasPolaris’legaladvisor.JefferiesactedasleadfinancialadvisortoTransamerican.HoulihanLokeyalsoservedasfinancialadvisortoTAPandSullivan&CromwellactedasTAP’slegaladvisor.

CallandWebcastinformation

PolarisIndustriesInc.willhostaconferencecallandwebcasttodayat8:00a.m.centraltimetofurtherdiscusstheTAPacquisition.ThecallwillbehostedbyScottWine,ChairmanandChiefExecutiveOfficer;MikeSpeetzen,ChiefFinancialOfficer;andBobMack,SeniorVicePresident,CorporateDevelopmentandStrategy.AslidepresentationandlinktothewebcastwillbepostedonthePolarisInvestorRelationswebsiteatir.polaris.com.Tolistentotheconferencecallbyphone,dial877-706-7543intheU.S.andCanada,or973-200-3967internationally.TheConferenceIDis#98314655.

Areplayoftheconferencecallwillbeavailableapproximatelytwohoursafterthecallforaone-weekperiodbyaccessingthesamelinkonourwebsite,orbydialing855-859-2056intheU.S.andCanada,or404-537-3406internationally.

AboutPolaris

PolarisIndustriesInc.(NYSE:PII)isaglobalpowersportsleaderwithannual2015salesof$4.7billion.Polarisfuelsthepassionofriders,workersandoutdoorenthusiastswithourRANGER®,RZR®andPolarisGENERAL™side-by-sideoff-roadvehicles;ourSPORTSMAN®andPolarisACE®all-terrainoff-roadvehicles;Victory®andIndianMotorcycle®midsizeandheavyweightmotorcycles;Slingshot®moto-roadsters;andPolarisRMK®,INDY®,Switchback®andRUSH®snowmobiles.Polarisenhancestheridingexperiencewithparts,garmentsandaccessoriessoldundermultiplerecognizablebrands,andhasagrowingpresenceinadjacentmarketsgloballywithproductsincludingmilitaryandcommercialoff-roadvehicles,quadricycles,andelectricvehicles.www.polaris.com

Except for historical information contained herein, the matters set forth in this news release, including management’s expectations regarding the effective purchase price, financing of the purchase price, timing of closing, synergies and otherbenefits of the acquisition, and future performance of TAP and the combined companies are forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ materially from those forward-lookingstatements. Potential risks and uncertainties include factors such as the proposed transaction may not be completed, or completed within the expected timeframe; costs relating to the proposed transaction may be greater than expected; thepossibility that a governmental entity may prohibit, delay or refuse to grant a necessary regulatory approval in connection with the proposed transaction; anticipated tax benefits may not be achieved by the Company; problems may arise inintegrating the businesses of the two companies and the integration may not be successful; the combined companies may be unable to achieve the anticipated synergies or those benefits may take longer to realize than expected; the businesses ofone or both companies may suffer as a result of uncertainties surrounding the proposed transaction including disruption of relationships with customers, employees or suppliers; increased competition and its effect on pricing; the combinedcompanies may not perform as expected following the closing; and other risks beyond the control of either party. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the Company with theSecurities and Exchange Commission. The Company does not undertake any duty to any person to provide updates to its forward-looking statements.

LRG ® is a registered trademark of Custom Wheel House, LLC

Exhibit99.2

AcquisitionofTransamericanAutoPartsOctober12,2016POLARISINDUSTRIESINC.

2TAP10/12/16Exceptforhistoricalinformationcontainedherein,thematterssetforthinthispresentation,includingmanagement’sexpectationsregardingtheeffectivepurchaseprice,financingofthepurchaseprice,timingofclosing,synergiesandotherbenefitsoftheacquisition,andfutureperformanceofTAPandthecombinedcompaniesareforward-lookingstatementsthatinvolvecertainrisksanduncertaintiesthatcouldcauseactualresultstodiffermateriallyfromthoseforward-lookingstatements.Potentialrisksanduncertaintiesincludefactorssuchastheproposedtransactionmaynotbecompleted,orcompletedwithintheexpectedtimeframe;costsrelatingtotheproposedtransactionmaybegreaterthanexpected;thepossibilitythatagovernmentalentitymayprohibit,delayorrefusetograntanecessaryregulatoryapprovalinconnectionwiththeproposedtransaction;anticipatedtaxbenefitsmaynotbeachievedbytheCompany;problemsmayariseinintegratingthebusinessesofthetwocompaniesandtheintegrationmaynotbesuccessful;thecombinedcompaniesmaybeunabletoachievetheanticipatedsynergiesorthosebenefitsmaytakelongertorealizethanexpected;thebusinessesofoneorbothcompaniesmaysufferasaresultofuncertaintiessurroundingtheproposedtransactionincludingdisruptionofrelationshipswithcustomers,employeesorsuppliers;increasedcompetitionanditseffectonpricing;thecombinedcompaniesmaynotperformasexpectedfollowingtheclosing;andotherrisksbeyondthecontrolofeitherparty.InvestorsarealsodirectedtoconsiderotherrisksanduncertaintiesdiscussedindocumentsfiledbytheCompanywiththeSecuritiesandExchangeCommission.TheCompanydoesnotundertakeanydutytoanypersontoprovideupdatestoitsforward-lookingstatements.ForwardLookingStatementsandImportantDisclosures

3TransactionOverviewandRationaleTransamericanAutoPartsOverviewFinancialSummaryClosingCommentsAgenda1234TAP10/12/16

ScottW.Wine,Chairman&CEOAcquisitionofTransamericanAutoPartsCompanyOctober12,2016TAP10/12/164

ProfitableAdditiontoPolaris’AftermarketPortfolio5TAP10/12/16AcquiringTransamericanAutoPartsCompany(“TAP”);expectlate-Q4’16closeVerticallyintegratedmulti-channelmarketleaderfocusedonthe$10+billionJeepandtruckaftermarketaccessoriesspace~$740millioninsales(TTMSeptember30,2016)$665millionpurchaseprice;~9.0xEBITDA,netofNPVofestimatedfuturetaxbenefitsAccretivetoEPSin2017,excludingpurchaseaccounting/acquisitioncostsSignificantsynergyopportunitiesStrong,experiencedleadershipteamwithprofitablegrowthfocusTAPtocontinueasdistinctbusiness–minimalintegrationriskTransactionOverview1

6TAP10/12/16StrategicRationaleComplementaryBusinessModelStrongProfitableGrowthPotentialImmediatemarketleadershipingrowing$10+billionN.A.off-roadJeepandtruckaftermarketspace4WDaftermarketcorrespondscloselytoPolarisORVbusinessCreatesaleadingenterpriseintheoff-roadenthusiastmarketLargeandgrowingJeepandtruckvehicleinstalledfleet;60+millionvehiclesSignificantopportunitytogrowretailnetworkSynergypotentialthroughefficienciesandcross-selling,whereappropriate1ExpandedInnovationCapabilitiesLeverageTAP’sexpertisetocreatenewinnovativePolarisEngineeredaccessoryproductsAccelerateTAP’saccessoriesproductdevelopmentopportunitieswithPolarissupportEnhancebrandawarenessandpenetrationacrossplatformsandchannels

BobMack,SVP–CorporateDevelopment&StrategyAcquisitionofTransamericanAutoPartsCompanyOctober12,2016TAP10/12/167

Sales&EBITDASummaryFullyintegratedmanufacturer,distributor,retailer&installerofoff-roadJeepandtruckaccessories7leadingaftermarketbrands75retailstores,6distributioncenters~1,700employeesHeadquarteredinCompton,CASalesbyChannel8BusinessOverviewTAP10/12/163-year(2012–2015)SalesCAGR=15%3-year(2012–2015)EBITDA*CAGR=17%2(FY2015)WholesaleE-Commerce/DirectRetailStoresMarketLeaderinGrowing$10+BillionJeep&TruckAftermarket*Adjustedforcertainone-timecosts

TAPSellsandInstallsEverythingJeep&TruckOwnersNeedBusinessOverview–TAPProductPortfolio9TAP10/12/16HoodVents/WindshieldTieDownsRoofRacks/CargoSolutionsAntennas/CBRadiosSoftTopsBodyArmorDoorAccessoriesFenderGuardsMirrorsRockerArmor&SideStepBeadlockWheelsOff-Road/All-SeasonTiresSkid-Plates/RoadArmorFrontBumpersBumperAccessoriesGrillGuardsBumperMountedLightsWinchesInterior:lockboxes,floormats,seat/covers,etc.Engine:airintakes,headers/ExhaustComponents,etc.Drivetrain:Axles/hubs,clutches,transmissions,etc.Exterior:hitches,tirecarriers,rollbars,etc.SalesbyProductCategoryAftermarketAccessoryApplications2ProprietaryTAPBrands(FY2015)

MarketSize:NorthAmericanJeep&TruckAftermarketLargeandGrowingMarketOpportunityOverLifeofJeep&TruckVehicles10TAP10/12/16BusinessOverview–JeepandTruckAftermarketSpace$10B+MarketAccessories(1)$8B+Installation$2B(1)RepresentedbythreeyearsofTAP’ssalesdata,Jeepsandtruckscombined60+millionvehicles(installedbase)2Jeep&TruckAccessorySalesbyVehicleAgeModificationsoccurthroughoutvehiclelifecycle.Jeepandtruckaftermarketisa$10+billionopportunityJeepsandtrucksaremodifiedthroughoutlifecycleHighlyfragmented,branddrivenmarket~1,500suppliersofaccessoriesOver5,000independentretail/installationlocationsTAPisthelargestretailer/installerinthemarket

BestinClassDistributionPlatformCreatesCompetitiveAdvantage11TAP10/12/16E-Commerce/DirectRetail/WholesaleBusinessOverview–Omni-ChannelSales275retaillocationsin24statesdifferentiatesTAPfromon-lineonlyretailers–opportunitytogrowstorelocations6distributioncentersand22crossdocklocations–expandsreachofproprietarybrands,fastdelivery2Flagshipe-commercesitescreatesawarenessanddrivesin-storetraffic4WheelPartsStoreDenver,Colorado

MikeSpeetzen,EVP–Finance&CFOAcquisitionofTransamericanAutoPartsCompanyOctober12,2016TAP10/12/1612

13TAP10/12/16FinancialSummaryPurchasePriceEarnings/MarginsandSynergiesTaxes$665millionnetofassumedliabilitiesEV/EBITDAmultipleof~9.0xTTMEBITDA(netofNPVofestimatedfuturetaxbenefits)AccretivetoEPSin2017,excludingpurchaseacctg./acquisitioncosts;strongcashflowgenerationGrossmargincurrentlyatPIIcorporateaverageCostsynergies~$20million;additionalrevenuesynergypotentialover-timeImpactto2016resultsdependentontimingofdealclose~$115millionNPVofestimatedtaxbenefitreceivedfromamortizationofassetwrite-upFundingFundedthroughexistingrevolverandexistingtermloanPolarisleverageat~2xEBITDAafterpurchase;debttototalcapitalat~55%TAPIntegrationTAPtocontinueasdistinctbusinessMinimalintegrationrisk–intendtoestablishnewAftermarketSegmentuponclosing,reportingtoSteveEastman,President–Parts,Garments&Accessories3

ScottW.Wine,Chairman&CEOAcquisitionofTransamericanAutoPartsCompanyOctober12,2016TAP10/12/1614

15TAP10/12/16Largestacquisitionto-dateImmediatemarketleadershipingrowingoff-roadaftermarketspaceConsistentwithourstrategicobjectiveofgrowingPowersportsPlusSignificantoverlapofstrongenthusiastconsumerbaseSimilarculturedrivenbythePowersportslifestyleProvidesindustry-leadingintegratedretailexperienceDistributionandproductsynergies–crosssellopportunitiesRequiresminimalresourcesfromengineeringandoperationsteamsAccretivetoEPSinfirstfullyear,excludingpurchaseaccounting/acquisitioncostsClosingComments4

Q&AAcquisitionofTransamericanAutoPartsCompanyOctober12,2016TAP10/12/1616

SECURITIES AND EXCHANGE COMMISSIONd18rn0p25nwr6d.cloudfront.net/CIK-0000931015 /86f412c1-bea5-48… · SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ... , pursuant to - [PDF Document] (2024)