0001387131-15-000298 Sample Contracts

SEPARATION AND DISTRIBUTION AGREEMENT
Separation and Distribution Agreement • February 2nd, 2015 • New Patriot Transportation Holding, Inc. • Trucking & courier services (no air) • Florida

THIS SEPARATION AND DISTRIBUTION AGREEMENT (the “Agreement”) is made the 30th day of January, 2015, between FRP HOLDINGS, INC., a Florida corporation (“FRP”), and PATRIOT TRANSPORTATION HOLDING, INC., a Florida corporation formerly known as New Patriot Transportation Holding, Inc. (“Patriot”). Capitalized terms used in this Agreement have the meaning ascribed to such terms in Article 1 hereof.

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TAX MATTERS AGREEMENT
Tax Matters Agreement • February 2nd, 2015 • New Patriot Transportation Holding, Inc. • Trucking & courier services (no air) • Florida

THIS TAX MATTERS AGREEMENT is entered into as of the 30th day of January, 2015, between FRP HOLDINGS, INC. (“FRP”), a Florida corporation, on behalf of itself and the members of the FRP Group, as defined below, and PATRIOT TRANSPORTATION HOLDING, INC. (“Patriot”), a Florida corporation, on behalf of itself and the members of the Patriot Group, as defined below.

TRANSITION SERVICES AGREEMENT
Transition Services Agreement • February 2nd, 2015 • New Patriot Transportation Holding, Inc. • Trucking & courier services (no air) • Florida
EMPLOYEE MATTERS AGREEMENT
Employee Matters Agreement • February 2nd, 2015 • New Patriot Transportation Holding, Inc. • Trucking & courier services (no air) • Florida

THIS EMPLOYEE MATTERS AGREEMENT (the “Agreement”) is made as of January 30, 2015, between FRP Holdings, Inc., a Florida corporation (“FRP”) and Patriot Transportation Holding, Inc., a Florida corporation (“Patriot”).

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