Common use of Purchase and Sale; Purchase Price Clause in Contracts

Purchase and Sale; Purchase Price. CLOSING 1 Section 2.1 Purchase and Sale 1 Section 2.2 Purchase Price 1 Section 2.3 Closing Estimates; Closing Date Payment; Escrow 2 Section 2.4 Post-Closing Purchase Price Reconciliation 3 Section 2.5 Escrow 5 Section 2.6 Closing; Closing Deliveries 5 Section 2.7 Accounts Receivable 8 Section 2.8 Withholding Rights 9 ARTICLE 3 REPRESENTATIONS AND WARRANTIES OF SELLER 9 Section 3.1 Title to the Purchased Interests 9 Section 3.2 Authorization and Enforceability 10 Section 3.3 Existence and Qualification 10 Section 3.4 No Conflicts 10 Section 3.5 Litigation 10 Section 3.6 Brokers’ Fees 10 Section 3.7 No Bankruptcy 11 Section 3.8 Assets and Operations of the Business 11 ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF THE SELLER REGARDING THE COMPANY ENTITIES 11 Section 4.1 Existence and Qualification 11 Section 4.2 No Conflicts 12 Section 4.3 Capitalization; Subsidiaries 12 Section 4.4 Litigation 12 Section 4.5 Financial Statements 13 Section 4.6 Absence of Certain Changes 14 Section 4.7 Taxes 14 Section 4.8 Compliance with Laws; Permits 16 Table of Contents TABLE OF CONTENTS (continued) Page Section 4.9 Contracts 17 Section 4.10 Environmental Matters 19 Section 4.11 Intellectual Property 20 Section 4.12 Brokers’ Fees 24 Section 4.13 Real Property 24 Section 4.14 Personal Property 26 Section 4.15 Insurance 26 Section 4.16 Employment Matters 27 Section 4.17 Labor Relations 30 Section 4.18 Employee Benefit Plans 31 Section 4.19 Books and Records; Bank Accounts 33 Section 4.20 No Bankruptcy 34 Section 4.21 Transactions with Interested Persons 34 Section 4.22 Undisclosed Liabilities 34 Section 4.23 Inventory 34 Section 4.24 Accounts Receivable 35 Section 4.25 Certain Payments; FCPA; OFAC; Money Laundering Laws 35 Section 4.26 Significant Suppliers and Customers 36 Section 4.27 Rebates 37 Section 4.28 Product Warranties; Products Liability; Product Recalls 37 Section 4.29 Title to Assets; Sufficiency of Assets 38 ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF PURCHASER 38 Section 5.1 Existence and Qualification 38 Section 5.2 Authorization and Enforceability 38 Section 5.3 No Conflicts 39 Section 5.4 Brokers’ Fees 39 Section 5.5 Litigation 39 Section 5.6 No Bankruptcy 39 Section 5.7 Investment Purpose 39 ARTICLE 6 COVENANTS OF THE PARTIES 40 Table of Contents TABLE OF CONTENTS (continued) Page

Purchase and Sale; Purchase Price. CLOSING 1 Section Allocation and Other Related Matters 17 2.1 Purchase and Sale 1 Section 17 2.2 Purchase Price 1 Section 17 2.3 Estimated Purchase Price 18 2.4 Payment of the Purchase Price 18 2.5 Earnout 19 2.6 Closing Estimates; Balance Sheet 24 2.7 Purchase Price Settlement 25 2.8 Indemnification Escrow Funds 25 2.9 Transfer Taxes and Vehicle Registration Fees 25 2.10 Allocation 26 2.11 Withholding 26 ARTICLE III Closing and Closing Date Payment; Escrow 2 Section 2.4 PostDeliveries 26 3.1 Closing 26 3.2 Closing Deliveries by Seller 26 3.3 Closing Deliveries by Purchaser 28 3.4 Cooperation 29 ARTICLE IV Pre-Closing Purchase Price Reconciliation 3 Section 2.5 Escrow 5 Section 2.6 ClosingFilings 29 4.1 Government Filings 29 ARTICLE V Pre-Closing Covenants 31 5.1 Due Diligence Review 31 5.2 Maintenance of Business and Notice of Changes 31 5.3 Pending Closing 31 5.4 Consents 33 5.5 Commercially Reasonable Efforts to Close 33 ARTICLE VI Financial Statements; Closing Disclosure Schedule 34 6.1 Pre-Signing Deliveries 5 Section 2.7 Accounts Receivable 8 Section 2.8 Withholding Rights 9 34 ARTICLE 3 REPRESENTATIONS AND WARRANTIES OF SELLER 9 Section 3.1 Title to the Purchased VII Representations and Warranties of Seller 34 7.1 Due Organization; Equity Interests 9 Section 3.2 Authorization and Enforceability 10 Section 3.3 Existence and Qualification 10 Section 3.4 No Conflicts 10 Section 3.5 Litigation 10 Section 3.6 Brokers’ Fees 10 Section 3.7 No Bankruptcy 11 Section 3.8 Assets and Operations of the Business 11 ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF THE SELLER REGARDING THE COMPANY ENTITIES 11 Section 4.1 Existence and Qualification 11 Section 4.2 No Conflicts 12 Section 4.3 Capitalization; Subsidiaries 12 Section 4.4 Litigation 12 Section 4.5 Financial Statements 13 Section 4.6 Absence of Certain Changes 14 Section 4.7 Taxes 14 Section 4.8 Compliance with Laws; Permits 16 Table of Contents TABLE OF CONTENTS (continued) Page Section 4.9 Contracts 17 Section 4.10 Environmental Matters 19 Section 4.11 Intellectual Property 20 Section 4.12 Brokers’ Fees 24 Section 4.13 Real Property 24 Section 4.14 Personal Property 26 Section 4.15 Insurance 26 Section 4.16 Employment Matters 27 Section 4.17 Labor Relations 30 Section 4.18 Employee Benefit Plans 31 Section 4.19 Books and Records; Bank Accounts 33 Section 4.20 No Bankruptcy 34 Section 4.21 Transactions with Interested Persons 34 Section 4.22 Undisclosed Liabilities 34 Section 4.23 Inventory 34 Section 4.24 Accounts Receivable 35 Section 4.25 Certain Payments; FCPA; OFAC; Money Laundering Laws 35 Section 4.26 Significant Suppliers and Customers 36 Section 4.27 Rebates 37 Section 4.28 Product Warranties; Products Liability; Product Recalls 37 Section 4.29 Title to Assets; Sufficiency of Assets 38 ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF PURCHASER 38 Section 5.1 Existence and Qualification 38 Section 5.2 Authorization and Enforceability 38 Section 5.3 No Conflicts 39 Section 5.4 Brokers’ Fees 39 Section 5.5 Litigation 39 Section 5.6 No Bankruptcy 39 Section 5.7 Investment Purpose 39 ARTICLE 6 COVENANTS OF THE PARTIES 40 Table of Contents TABLE OF CONTENTS (continued) Page7.2 Authority 35

Purchase and Sale; Purchase Price. CLOSING 1 17 Section 2.1 Purchase and Sale 1 of Purchased Assets 17 Section 2.2 Assumption and Exclusion of Liabilities 19 Section 2.3 Purchase Price 1 Section 2.3 Closing Estimates; Closing Date Payment; Escrow 2 20 Section 2.4 Post-Closing Purchase Price Reconciliation 3 20 Section 2.5 Escrow 5 Contract Assignment and Consent 21 Section 2.6 Closing; Closing Deliveries 5 Section 2.7 Accounts Receivable 8 Section 2.8 Withholding Rights 9 Permit Assignment and Consent 22 ARTICLE 3 REPRESENTATIONS AND WARRANTIES OF SELLER 9 THE DEBTORS 22 Section 3.1 Title to the Purchased Interests 9 Organization 23 Section 3.2 Authorization and Enforceability 10 Authorization; Corporate Documentation 23 Section 3.3 Existence and Qualification 10 Subsidiaries 23 Section 3.4 No Conflicts 10 Breach 24 Section 3.5 Litigation 10 Permits 25 Section 3.6 Brokers’ Fees 10 Compliance With Law 26 Section 3.7 No Bankruptcy 11 Title to and Sufficiency of Purchased Assets 26 Section 3.8 Assets and Operations Condition of the Business 11 Personal Property 26 Section 3.9 Accounts Receivable; Accounts Payable 26 Section 3.10 Intellectual Property 27 Section 3.11 Contracts 27 Section 3.12 Litigation 30 Section 3.13 SEC Reports; Financial Statements; Working Capital 30 Section 3.14 Liabilities 31 Section 3.15 Tax Matters 31 Section 3.16 Employee Benefit Plans 33 Section 3.17 Insurance 36 Section 3.18 Environmental Matters 36 Section 3.19 Healthcare Providers 37 Section 3.20 Vendors 38 Section 3.21 Real Property 39 Section 3.22 Transactions with Certain Persons 41 Section 3.23 Employees; Labor Matters 41 Section 3.24 Brokers 43 Section 3.25 Absence of Changes 43 Section 3.26 Governmental Consents, etc 44 Section 3.27 Government Program Participation 45 Section 3.28 Regulatory Compliance 46 Section 3.29 Franchise Matters 47 Section 3.30 Indebtedness 49 Section 3.31 Bank Accounts 49 Section 3.32 Warranty Matters 49 Section 3.33 Illegal Payments 50 Section 3.34 Non-Controlled Subsidiaries 50 ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF THE SELLER REGARDING THE COMPANY ENTITIES 11 BUYER PARTIES 50 Section 4.1 Existence and Qualification 11 Organization 50 Section 4.2 No Conflicts 12 Authorization 51 Section 4.3 Capitalization; Subsidiaries 12 Binding Agreement 51 Section 4.4 Litigation 12 No Breach 51 Section 4.5 Financial Statements 13 Litigation 51 Section 4.6 Absence of Certain Changes 14 Commitment Letter; DIP Loan 51 Section 4.7 Taxes 14 Brokers 52 Section 4.8 Compliance with Laws; Permits 16 Table of Contents TABLE OF CONTENTS (continued) Page GST 52 Section 4.9 Contracts 17 Section 4.10 Environmental Matters 19 Section 4.11 Intellectual Property 20 Section 4.12 Brokers’ Fees 24 Section 4.13 Real Property 24 Section 4.14 Personal Property 26 Section 4.15 Insurance 26 Section 4.16 Employment Matters 27 Section 4.17 Labor Relations 30 Section 4.18 Employee Benefit Plans 31 Section 4.19 Books and Records; Bank Accounts 33 Section 4.20 No Bankruptcy 34 Section 4.21 Transactions with Interested Persons 34 Section 4.22 Undisclosed Liabilities 34 Section 4.23 Inventory 34 Section 4.24 Accounts Receivable 35 Section 4.25 Certain Payments; FCPA; OFAC; Money Laundering Laws 35 Section 4.26 Significant Suppliers and Customers 36 Section 4.27 Rebates 37 Section 4.28 Product Warranties; Products Liability; Product Recalls 37 Section 4.29 Title to Assets; Sufficiency of Assets 38 Implied Representations 52 ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF PURCHASER 38 BANKRUPTCY COURT MATTERS 52 Section 5.1 Existence and Qualification 38 Bankruptcy Court Approval 52 Section 5.2 Authorization and Enforceability 38 Bankruptcy Court Filings 52 Section 5.3 No Conflicts 39 Competing Transactions 53 Section 5.4 Brokers’ Fees 39 Section 5.5 Litigation 39 Section 5.6 No Bankruptcy 39 Section 5.7 Investment Purpose 39 Administrative Priority 55 ARTICLE 6 COVENANTS OF THE PARTIES 40 Table 55 Section 6.1 Affirmative Covenants of Contents TABLE OF CONTENTS (continued) Pagethe Debtors 55 Section 6.2 Negative Covenants of the Debtors 56 Section 6.3 Buyer Access 59 Section 6.4 Confidentiality 59

Purchase and Sale; Purchase Price. CLOSING 1 17 Section 2.1 Purchase and Sale 1 of the Shares 17 Section 2.2 Purchase Price 1 17 Section 2.3 Closing Estimates; Purchase Price Adjustments 19 Section 2.4 Purchase Price Adjustment Payments 21 ARTICLE III CLOSING 23 Section 3.1 Closing Date Payment; Escrow 2 23 Section 2.4 Post-3.2 Payments on the Closing Purchase Price Reconciliation 3 Date 23 Section 2.5 Escrow 5 Section 2.6 Closing; 3.3 Buyer’s Additional Closing Deliveries 5 23 Section 2.7 Accounts Receivable 8 3.4 Seller’s Closing Deliveries 24 Section 2.8 3.5 Withholding Rights 9 25 ARTICLE 3 IV REPRESENTATIONS AND WARRANTIES OF CONCERNING SELLER 9 26 Section 3.1 4.1 Authority of Seller 26 Section 4.2 Title to the Purchased Interests 9 Stock 26 Section 3.2 Authorization and Enforceability 10 4.3 No Brokers 26 Section 3.3 Existence and Qualification 10 4.4 Taxable Canadian Property 26 Section 3.4 4.5 Conflicts 27 Section 4.6 No Conflicts 10 Violation or Litigation 27 Section 3.5 Litigation 10 Section 3.6 Brokers’ Fees 10 Section 3.7 4.7 No Bankruptcy 11 Section 3.8 Assets and Operations of the Business 11 Other Representations 28 ARTICLE 4 V REPRESENTATIONS AND WARRANTIES OF THE SELLER REGARDING CONCERNING THE COMPANY ENTITIES 11 28 Section 4.1 Existence 5.1 Organization; Capital Structure of the Company; Power and Qualification 11 Authority 28 Section 4.2 No 5.2 Subsidiaries and Investments 29 Section 5.3 Conflicts 12 30 Section 4.3 Capitalization5.4 Undisclosed Liabilities; Subsidiaries 12 Debt and Encumbrances 30 Section 4.4 Litigation 12 Section 4.5 5.5 Financial Statements 13 and Financial Matters 31 Section 4.6 Absence of Certain Changes 14 5.6 Recent Operations 31 Section 4.7 5.7 Taxes 14 32 Section 4.8 Compliance with Laws5.8 Governmental Permits 33 Section 5.9 Real Property 34 Section 5.10 Assets 35 Section 5.11 Intellectual Property; Permits 16 Table of Contents Data Privacy 35 Section 5.12 No Violation or Litigation 38 Section 5.13 Contracts 39 TABLE OF CONTENTS (continuedContinued) Page Section 4.9 5.14 Status of Contracts 17 41 Section 4.10 5.15 Employee Benefits 42 Section 5.16 Employment Matters 43 Section 5.17 Environmental Matters 19 45 Section 4.11 Intellectual Property 20 5.18 Insurance 47 Section 4.12 Brokers’ Fees 24 5.19 Related Party Contracts 47 Section 4.13 Real Property 24 5.20 No Brokers 47 Section 4.14 Personal Property 26 5.21 Illegal Payments; FCPA 47 Section 4.15 Insurance 26 5.22 Customers 48 Section 4.16 Employment Matters 27 5.23 Vendors 48 Section 4.17 Labor Relations 30 Section 4.18 Employee Benefit Plans 31 Section 4.19 Books and Records; 5.24 Bank Accounts 33 48 Section 4.20 No Bankruptcy 34 Section 4.21 Transactions with Interested Persons 34 Section 4.22 Undisclosed Liabilities 34 Section 4.23 Inventory 34 Section 4.24 Accounts Receivable 35 Section 4.25 Certain Payments; FCPA; OFAC; Money Laundering Laws 35 Section 4.26 Significant Suppliers and Customers 36 Section 4.27 Rebates 37 Section 4.28 5.25 Product Warranties; Products LiabilityWarranty; Product Recalls 37 Liability 48 Section 4.29 Title to Assets; Sufficiency of Assets 38 ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF PURCHASER 38 Section 5.1 Existence and Qualification 38 Section 5.2 Authorization and Enforceability 38 Section 5.3 5.26 No Conflicts 39 Section 5.4 Brokers’ Fees 39 Section 5.5 Litigation 39 Section 5.6 No Bankruptcy 39 Section 5.7 Investment Purpose 39 ARTICLE 6 COVENANTS OF THE PARTIES 40 Table of Contents TABLE OF CONTENTS (continued) PageOther Representations 48

Purchase and Sale; Purchase Price. CLOSING 1 Section 10 2.1 Purchase and Sale 1 Section 10 2.2 Determination Purchase Price 1 Section 10 2.3 Closing Estimates; Closing Date Payment; Escrow 2 Section Payment 12 2.4 Post-Closing Adjustments; Payment Adjustment 13 ARTICLE 3 OTHER AGREEMENTS 14 3.1 Access and Cooperation 14 3.2 Disclosure Schedule 15 3.3 Duties Concerning Representations 15 3.4 Deliveries of Information; Consultation 15 3.5 Acquisition Proposals 16 3.6 Public Announcements 17 3.7 Retained Liabilities 17 3.8 Access to Records and Employees 17 3.9 Referrals and Deliveries 18 3.10 Risk of Loss 18 3.11 Allocation of Purchase Price Reconciliation 3 Section 2.5 Escrow 5 Section 2.6 Closing; 18 3.12 Employee Matters 19 3.13 Effective Time of Closing Deliveries 5 Section 2.7 20 3.14 Use of Name 20 3.15 Intention 20 3.16 Nonassignable Purchased Contracts and Existing Permits 20 3.17 Real Property 21 3.18 Noncompetition 22 3.19 HSR Act 23 3.20 Accounts Receivable 8 Section 2.8 Withholding Rights 9 ARTICLE 3 REPRESENTATIONS AND WARRANTIES OF SELLER 9 Section 3.1 Title to the Purchased Interests 9 Section 3.2 Authorization and Enforceability 10 Section 3.3 Existence and Qualification 10 Section 3.4 No Conflicts 10 Section 3.5 23 3.21 Existing Litigation 10 Section 3.6 Brokers’ Fees 10 Section 3.7 No Bankruptcy 11 Section 3.8 Assets and Operations 23 3.22 Parent Shareholder Circular 24 3.23 Cash Management of the Business 11 Seller 24 ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF THE SELLER REGARDING THE COMPANY ENTITIES 11 Section 25 4.1 Existence Organization; Business 25 4.2 Authorization; Enforceability 25 4.3 No Violation or Conflict 26 4.4 Financial Information; Books and Qualification 11 Section 4.2 No Conflicts 12 Section 4.3 Capitalization; Subsidiaries 12 Section 4.4 Litigation 12 Section Records 26 4.5 Financial Statements 13 Section Assets 27 4.6 Contingent and Undisclosed Liabilities 28 4.7 Taxes 28 4.8 Absence of Certain Changes 14 Section 4.7 Taxes 14 Section 4.8 29 4.9 Existing Plans 29 4.10 Compliance with Laws; Permits 16 Table Law 29 4.11 Litigation 30 4.12 Existing Contracts 30 4.13 Performance of Contents TABLE OF CONTENTS (continued) Page Section 4.9 Contracts 17 Section 4.10 32 4.14 Existing Insurance Policies 32 4.15 Environmental Protection 33 4.16 Labor Matters 19 Section 4.11 Intellectual Property 20 Section 4.12 Brokers’ Fees 24 Section 4.13 35 4.17 Brokers 36 4.18 Governmental Approvals 36 4.19 Disclosure 36 4.20 Intangible Assets 37 4.21 Product Matters 37 4.22 Customers 37 4.23 Relationships with Related Parties 37 4.24 Real Property 24 Section 4.14 Personal Property 26 Section 4.15 Insurance 26 Section 4.16 Employment Matters 27 Section 4.17 Labor Relations 30 Section 4.18 Employee Benefit Plans 31 Section 4.19 Books and Records; Bank Accounts 33 Section 4.20 No Bankruptcy 34 Section 4.21 Transactions with Interested Persons 34 Section 4.22 Undisclosed Liabilities 34 Section 4.23 Inventory 34 Section 4.24 Accounts Receivable 35 Section 4.25 Certain Payments; FCPA; OFAC; Money Laundering Laws 35 Section 4.26 Significant Suppliers and Customers 36 Section 4.27 Rebates 37 Section 4.28 Product Warranties; Products Liability; Product Recalls 37 Section 4.29 Title to Assets; Sufficiency of Assets 38 ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF PURCHASER 38 Section 5.1 Existence and Qualification 38 Section 5.2 Authorization and Enforceability 38 Section 5.3 No Conflicts 39 Section 5.4 Brokers’ Fees 39 Section 5.5 Litigation 39 Section 5.6 No Bankruptcy 39 Section 5.7 Investment Purpose 39 ARTICLE 6 COVENANTS OF THE PARTIES 40 Table of Contents TABLE OF CONTENTS (continued) Page38