PURCHASE AGREEMENT BY AND AMONG SILVA INTERNATIONAL, INC., DDS LLC, HP SCHMIDT FAMILIENVERWALTUNG GMBH, HEINZ-PETER SCHMIDT, KENT DEVRIES, STEVE DEYOUNG, TORSTEN STEINHAUS (solely in his capacity as the Seller Representative), AND UNIVERSAL...Purchase Agreement • September 8th, 2020 • Universal Corp /Va/ • Wholesale-farm product raw materials • Delaware
THIS PURCHASE AGREEMENT (this “Agreement”) is entered into as of September 8, 2020, by and among Silva International, Inc., an Illinois corporation (the “Company”), DDS LLC, an Illinois limited liability company (“DDS”), Heinz-Peter Schmidt, an individual resident of Germany (“HPS” and, together with DDS, the “RE Sellers”), HP Schmidt Familienverwaltung GmbH, a company with limited liability, incorporated under the laws of Germany (“HoldCo Seller”), Kent DeVries, an individual resident of the state of Indiana (“KD Seller”), Steve DeYoung, an individual resident of the state of Indiana (“SD Seller” and, together with HoldCo Seller and KD Seller, the “Equity Sellers” and, together with the RE Sellers, the “Sellers”), Torsten Steinhaus, solely in his capacity as the Seller Representative, and Universal Corporation, a Virginia corporation (“Buyer”). Unless defined herein, capitalized terms used in this Agreement are defined in Exhibit A.
