0000921895-15-002834 Sample Contracts

Purchase Plan
Purchase Plan • December 21st, 2015 • Biglari Capital Corp. • Retail-eating places

Purchase Plan, adopted December 17, 2015 (the “Purchase Plan”), between The Lion Fund II, L.P. (“Purchaser”) and J.P. Morgan Securities LLC (“JPMS”). The purpose of this Purchase Plan is to aid in achieving the investment objectives of the Purchaser.

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