OMNIBUS AGREEMENT among CDR BULLSEYE HOLDINGS, L.P., BULLSEYE G.P., LLC, BULLSEYE PARTNERSHIP, L.P., BULLSEYE HOLDINGS, L.P., BRAND ENERGY & INFRASTRUCTURE HOLDINGS, INC., HARSCO CORPORATION, and HARSCO (UK) GROUP LIMITED, dated as of September 15, 2016Omnibus Agreement • September 21st, 2016 • Harsco Corp • Fabricated structural metal products • New York
UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL INFORMATIONUnaudited Pro Forma Condensed Consolidated Financial • September 21st, 2016 • Harsco Corp • Fabricated structural metal products
In exchange for the Harsco Entities’ interest, (i) the Harsco Entities received $145 million in cash, and (ii) the Company’s obligations to pay to Brand and its subsidiaries future amounts under Section 8.2(i)(iv) of that certain Purchase Agreement, dated as of September 15, 2013, as amended, by and between the Company, Brand Energy & Infrastructure Services, Inc. (f/k/a Bullseye, Inc.), Brand and CDR Bullseye Holdings, L.P. were satisfied. The book value of the related pension obligation equaled approximately $22 million at the time of the Transaction.
