STOCK PURCHASE AGREEMENT by and among PREFORMED LINE PRODUCTS COMPANY, CLAUDIA W. GOODREAU, KEVIN M. GOODREAU, DORA ELY RANDALL and JEFFREY J. RANDALL and DIRECT POWER & WATER CORPORATION Dated as of March 22, 2007Stock Purchase Agreement • May 10th, 2007 • Preformed Line Products Co • Water, sewer, pipeline, comm & power line construction • Delaware
THIS STOCK PURCHASE AGREEMENT, dated as of March 22, 2007, is by and among Preformed Line Products Company (the “Buyer”), Direct Power and Water Corporation, a New Mexico corporation (the “Company”), and Claudia W. Goodreau, an individual resident in New Mexico, Kevin M. Goodreau, an individual resident in New Mexico (“Goodreau”), Dora Ely Randall, an individual resident in New Mexico, and Jeffrey J. Randall an individual resident in New Mexico (“Randall”) (collectively, Claudia W. Goodreau, Goodreau, Dora Ely Randall and Randall are hereinafter referred to as the “Sellers”).
