0001341004-16-001414 Sample Contracts

Purchase Plan
Purchase Plan • May 13th, 2016 • Biglari Holdings Inc. • Retail-eating places

Purchase Plan, adopted May 10, 2016 (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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