0001193125-13-431541 Sample Contracts

IRREVOCABLE PROXY
Irrevocable Proxy • November 7th, 2013 • St Joe Co • Land subdividers & developers (no cemeteries)

This irrevocable proxy (this “Irrevocable Proxy” or “Agreement”) is executed as of November 6, 2013 by Fairholme Funds, Inc., on behalf of The Fairholme Fund (“Fund”), for the benefit of AgReserves, Inc., a Utah corporation (“Purchaser”) in connection with the Purchase and Sale Agreement between The St. Joe Company (“St. Joe”) and Purchaser (the “PSA”) dated on the date hereof.

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PURCHASE AND SALE AGREEMENT DATED AS OF NOVEMBER 6, 2013 BETWEEN THE ST. JOE COMPANY as Seller AND AGRESERVES, INC. as Purchaser
Purchase and Sale Agreement • November 7th, 2013 • St Joe Co • Land subdividers & developers (no cemeteries) • Florida

THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made as of the 6th day of November, 2013 by and between THE ST. JOE COMPANY, a Florida corporation (“Seller”), and AGRESERVES, INC., a Utah corporation (“Purchaser”).

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