PURCHASE AGREEMENT AMONG TECUMSEH PRODUCTS COMPANY, FASCO INDUSTRIES, INC., MOTORES FASCO DE MEXICO AND REGAL BELOIT CORPORATION Dated as of July 3, 2007Purchase Agreement • September 7th, 2007 • Regal Beloit Corp • Motors & generators • Delaware
PURCHASE AGREEMENT, dated as of July 3, 2007 (this “Agreement”), by and among Regal Beloit Corporation, a corporation organized and existing under the laws of the State of Wisconsin (the “Purchaser”), Tecumseh Products Company, a corporation organized and existing under the laws of the State of Michigan (“Tecumseh”), Fasco Industries, Inc., a corporation organized and existing under the laws of the State of Delaware (“Fasco U.S.”) and Motores Fasco de Mexico, S. de R.L. de C.V., a corporation organized and existing under the laws of Mexico (“Fasco Mexico”). Each of Tecumseh, Fasco U.S. and Fasco Mexico are sometimes referred to herein as a “Seller” and, collectively, as the “Sellers”. Each of Fasco U.S. and Fasco Mexico are sometimes referred to herein as an “Asset Seller” and, collectively, as the “Asset Sellers”.
