Common use of Purchase and Sale of the Business Clause in Contracts

Purchase and Sale of the Business. 15 2.1 Purchase and Sale of Assets 15 2.2 Excluded Assets 15 2.3 Assumption of Liabilities 16 2.4 Excluded Liabilities 16 2.5 Purchase Price; Payment 16 2.6 Closing 16 2.7 Deliveries by Buyer 16 2.8 Deliveries by Sellers 17 2.9 Nonassessability of Assets 18 2.10 Affiliate Acquisitions 19 2.11 Allocation of Purchase Price 19 2.12 Withholding 19 2.13 Escrow 19 ARTICLE III REPRESENTATIONS AND WARRANTIES OF SELLERS 20 3.1 Organization and Qualification 20 3.2 Organizational Documents; Records 20 3.3 Authorization 20 3.4 No Violations; Consents 21 3.5 Subsidiaries; Investments 21 3.6 Financial Statements 22 3.7 Absence of Changes 22 3.8 Title to Transferred Assets; Condition and Sufficiency 23 3.9 Leases; Leased Real Property 23 3.10 Intellectual Property 24 3.11 Contracts 28 3.12 Compliance with Laws; Governmental Authorizations 30 3.13 Certain Business Practices 30 3.14 Taxes 31 3.15 Employee and Labor Matters; Benefit Plans 31 3.16 Environmental Matters 33 3.17 Insurance 34 3.18 Related Party Transactions 34 3.19 Proceedings; Orders 34 3.20 Warranties 35 3.21 Product Liability; Recalls 35 3.22 Customers and Suppliers 35 3.23 Export Control Laws 35 3.24 Government Contracts 36 3.25 Solvency; Fraudulent Conveyance 36 3.26 Financial Advisor 36 ARTICLE IV

Purchase and Sale of the Business. 15 3 Section 2.1 Purchase and Sale of Acquired Assets 15 3 Section 2.2 Excluded Assets 15 3 Section 2.3 Assumption of Liabilities 16 3 Section 2.4 Excluded Liabilities 16 4 Section 2.5 Purchase Price; Payment 16 Price 4 Section 2.6 Closing 16 5 Section 2.7 Deliveries by Buyer 16 5 Section 2.8 Deliveries by Sellers 17 6 Section 2.9 Nonassessability Assumption of Contracts 7 Section 2.10 Non-Assignability of Assets 18 2.10 9 Section 2.11 Affiliate Acquisitions 19 2.11 9 Section 2.12 Allocation of Purchase Price 19 2.12 10 Section 2.13 Post-Closing Adjustment 11 Section 2.14 Withholding 19 2.13 Escrow 19 13 Section 2.15 Asset Sale Election 13 Section 2.16 Permitted Plan Distributions 13 ARTICLE III REPRESENTATIONS AND WARRANTIES OF SELLERS 20 14 Section 3.1 Organization and Qualification 20 14 Section 3.2 Organizational Documents; Records 20 3.3 Authorization 20 3.4 No Violations; Consents 21 3.5 Subsidiaries; Investments 21 Capitalization 14 Section 3.3 Corporate Authorization 16 Section 3.4 Consents and Approvals 16 Section 3.5 Non-Contravention 16 Section 3.6 Financial Statements 22 Binding Effect 17 Section 3.7 Absence of Changes 22 Public Filings 17 Section 3.8 Title to Transferred Assets; Condition Litigation and Sufficiency Claims 18 Section 3.9 Taxes 18 Section 3.10 Employee Benefits 20 Section 3.11 Compliance with Laws 23 3.9 Leases; Leased Real Property Section 3.12 Environmental Matters 23 3.10 Section 3.13 Intellectual Property 24 3.11 Section 3.14 Labor Matters 25 Section 3.15 Material Contracts 28 3.12 Compliance with Laws; Governmental Authorizations 30 3.13 Certain Business Practices 30 3.14 Taxes 31 3.15 Employee and Labor Matters; Benefit Plans 31 25 Section 3.16 Environmental Matters 33 Title to Property 26 Section 3.17 Real Property 26 Section 3.18 Product Liability 27 Section 3.19 Insurance 34 3.18 Related Party Transactions 34 3.19 Proceedings; Orders 34 3.20 Warranties 35 3.21 Product Liability; Recalls 35 3.22 Customers and Suppliers 35 3.23 Export Control Laws 35 3.24 Government Contracts 36 3.25 Solvency; Fraudulent Conveyance 36 3.26 Financial Advisor 36 ARTICLE IV27 –i–

Purchase and Sale of the Business. 15 2.1 19 Section 2.1. Purchase and Sale of Shares and Assets 15 2.2 19 Section 2.2. Excluded Assets 15 2.3 21 Section 2.3. Assumption of Liabilities 16 2.4 22 Section 2.4. Excluded Liabilities 16 2.5 23 Section 2.5. Purchase PricePrice 24 Section 2.6. Final Purchase Price and Purchase Price Adjustment 25 Section 2.7. Closing; Delivery and Payment 16 2.6 Closing 16 2.7 Deliveries by Buyer 16 2.8 Deliveries by Sellers 17 2.9 Nonassessability of Assets 18 2.10 Affiliate Acquisitions 19 2.11 28 Section 2.8. Taxes and Fees 30 Section 2.9. Allocation of Purchase Price 19 2.12 Withholding 19 2.13 Escrow 19 ARTICLE 30 Section 2.10. Nonassignability of Assets and Shares 31 Section 2.11. Xxxxxx Plastik (Malaysia) Sdn Bhd 31 Article III REPRESENTATIONS AND WARRANTIES OF SELLERS 20 3.1 SELLER 32 Section 3.1. Organization and Qualification 20 3.2 Organizational Documents; Records 20 3.3 Authorization 20 3.4 Authority of Seller and the Transferred Companies 32 Section 3.2. No Violations; Consents 21 3.5 Subsidiaries; Investments 21 3.6 Conflict 33 Section 3.3. Financial Statements 22 3.7 Information 33 Section 3.4. Absence of Certain Changes 22 3.8 Title to Transferred Assets; Condition and Sufficiency 23 3.9 Leases; Leased or Events 34 Section 3.5. Real Property 23 3.10 35 Section 3.6. Assets 36 Section 3.7. Litigation 37 Section 3.8. Compliance with Law 37 Section 3.9. Contracts 38 Section 3.10. Consents and Approvals 39 Section 3.11. Collective Bargaining Agreements/Employees 39 Section 3.12. Benefit Plans 39 TABLE OF CONTENTS (continued) Page Section 3.13. Intellectual Property 24 3.11 Contracts 28 3.12 Compliance with Laws; Governmental Authorizations 30 3.13 Certain Business Practices 30 3.14 41 Section 3.14. Brokers and Finders 43 Section 3.15. Environmental Representations 43 Section 3.16. Taxes 31 3.15 Employee and Labor Matters; Benefit Plans 31 3.16 Environmental Matters 33 3.17 Insurance 34 3.18 44 Section 3.17. Related Party Transactions 34 3.19 Proceedings45 Section 3.18. Customers 45 Section 3.19. Product Warranty; Orders 34 3.20 Warranties 35 3.21 Product LiabilityLiability 46 Article IV REPRESENTATIONS AND WARRANTIES OF BUYER 46 Section 4.1. Organization and Authority of Buyer 46 Section 4.2. No Conflict 47 Section 4.3. Consents and Approvals 47 Section 4.4. Brokers and Finders 47 Section 4.5. Financial Capability 47 Section 4.6. Regulatory Matters 48 Section 4.7. Securities Act and Investment 48 Section 4.8. Investment Canada Act 48 Section 4.9. Litigation 48 Section 4.10. Solvency 49 Article V CERTAIN COVENANTS OF SELLER AND BUYER 49 Section 5.1. Access and Information 49 Section 5.2. Registrations, Filings and Consents 50 Section 5.3. Conduct of Business 52 Article 5.3A. Conduct of Business After the Adjustment Date 54 Section 5.4. Post-Closing Obligations of the Buyer to Certain Employees 54 Section 5.5. Books; Recalls 35 3.22 Customers Record 63 Section 5.6. Closing Date Financial Information 63 Section 5.7. Intellectual Property 63 Section 5.8. Further Assurances 65 Section 5.9. Compliance with WARN, etc 65 Section 5.10. Supply and Suppliers 35 3.23 Export Control Shared Facility Agreements 65 TABLE OF CONTENTS (continued) Page Section 5.11. Separation Costs 65 Section 5.12. Conveyancing Documents 66 Section 5.13. Disclosure; Investigation 66 Section 5.14. Covenant Not to Compete 67 Section 5.15. Bulk Transfer Laws 35 3.24 Government Contracts 36 3.25 Solvency70 Section 5.16. Tax Matters 70 Section 5.17. Credit Support; Fraudulent Conveyance 36 3.26 Financial Advisor 36 ARTICLE IVAffiliate Relations 73 Section 5.18. Technology License Agreements 74 Section 5.19. Foreign Transfer Agreements 74 Section 5.20. French Workers Consultation 75 Section 5.21. Consents 75 Section 5.22. Proration of Expenses 75 Section 5.23. Carve-out Operations / Dividend Policy 76 Section 5.24. Insurance 76 Section 5.25. Brazilian and Argentina Operations 78 Section 5.26. Seller Participation Note and Agreement 78 Section 5.27. Reserved 78 Section 5.28. Certain Litigation Benefits 78 Section 5.29. No-Shop 78 Section 5.30. Cooperation With Financing 79 Section 5.31. Electric Supply Agreement 79 Article VI CONDITIONS TO THE PURCHASE AND SALE 80 Section 6.1. Conditions to the Purchase and Sale Relating to Buyer 80 Section 6.2. Conditions to the Purchase and Sale Relating to Seller 81 Article VII AMENDMENT AND WAIVER 82 Section 7.1. Amendment and Modification 82 Section 7.2. Waiver 82 Article VIII SURVIVAL AND INDEMNIFICATION 82 Section 8.1. Survival; Knowledge of Breach 82 Section 8.2. Indemnification 83 TABLE OF CONTENTS (continued) Page Section 8.3. Method of Asserting Claims, etc. 85 Section 8.4. Indemnification Amounts 87 Section 8.5. Losses Net of Insurance, etc. 87 Section 8.6. Sole Remedy/Waiver 88 Section 8.7. No Consequential Damages 88 Section 8.8. Environmental Indemnification 89 Section 8.9. No Set-Off 91 Section 8.10. Transferred Real Property Warranty Losses 91 Article IX MISCELLANEOUS 92 Section 9.1. Termination 92 Section 9.2. Effect of Termination 93 Section 9.3. Notice of Breaches, etc. 94 Section 9.4. Return of Information 94 Section 9.5. Collection of Receivables 94 Section 9.6. Non-Solicitation 94 Section 9.7. Expenses 94 Section 9.8. Assignment 95 Section 9.9. Entire Agreement 95 Section 9.10. Schedules 96 Section 9.11. Counterparts 96 Section 9.12. Section Headings 96 Section 9.13. Notices 96 Section 9.14. Governing Law; Arbitration 97 Section 9.15. Non-Recourse 98 Section 9.16. Severability 99 Section 9.17. Specific Performance 99 Exhibits A Form of Assumption Agreement B Form of Bills of Sale C-1 Technology of License Agreement C-1 C-2 Technology of License Agreement C-2 D Transition Services Agreement E Reserved F Terms of Garwolin Beauty Products Supply Agreement G Reserved H Terms of Libertyville Plastic Ring Supply Agreement I Terms of Sandston Plastic Ring Supply Agreement J Terms of Izmit Lease Agreement K Terms of Bangpoo Shared Facility Agreement L Terms of Xxxxxx Mexico Beauty Products Supply Agreement M Form of Seller Participation Note and Agreement N Schedule of Net Proceeds O Buying Subsidiaries STOCK AND ASSET PURCHASE AGREEMENT, dated as of August 18, 2005, between CROWN HOLDINGS, INC., a Pennsylvania corporation (“Seller”), and FINANCIÈRE DAUNOU 1 S.A., a Luxembourg société anonyme (“Buyer”).

Purchase and Sale of the Business. 15 Section 2.1 Purchase and Sale of Assets 15 Section 2.2 Excluded Assets 15 16 Section 2.3 Assumption of Liabilities 16 17 Section 2.4 Excluded Liabilities 16 17 Section 2.5 Purchase Price; Payment 16 Price 17 Section 2.6 Post-Closing 16 Purchase Price Adjustment 18 Section 2.7 Deliveries by Buyer 16 Closing 18 Section 2.8 Deliveries by Sellers 17 2.9 Nonassessability of Assets 18 2.10 Affiliate Acquisitions 19 2.11 Allocation of Purchase Price 18 Section 2.9 Deliveries by Buyers 19 Section 2.10 Deliveries by Sellers 19 Section 2.11 Nonassessability of Assets 21 Section 2.12 Affiliate Acquisitions 22 Section 2.13 Withholding 19 2.13 22 Section 2.14 Escrow 19 22 ARTICLE III REPRESENTATIONS AND WARRANTIES OF SELLERS 20 Section 3.1 Organization and Qualification 20 24 Section 3.2 Organizational Documents; Records 20 Corporate Authorization 24 Section 3.3 Authorization 20 Consents and Approvals 24 Section 3.4 No Violations; Consents 21 Non-Contravention 25 Section 3.5 Subsidiaries; Investments 21 Binding Effect 25 Section 3.6 Financial Statements 22 Reports 25 Section 3.7 Litigation and Claims 25 Section 3.8 Taxes 26 Section 3.9 Employee Benefits. 26 Section 3.10 Compliance with Laws 28 Section 3.11 Environmental Matters 28 Section 3.12 Intellectual Property. 28 Section 3.13 Labor 32 Section 3.14 Contracts. 32 Section 3.15 Territorial Restrictions 33 Section 3.16 Absence of Certain Changes 22 3.8 Title to and Events 33 Section 3.17 Confidentiality 33 Section 3.18 Transferred Assets; Condition and Sufficiency 23 3.9 Leases; Leased Real of Assets 33 STG_668702.15 TABLE OF CONTENTS (continued) Page Section 3.19 Title to Property 23 3.10 Intellectual Property 24 3.11 Contracts 28 3.12 Compliance with Laws; Governmental Authorizations 30 3.13 Certain Business Practices 30 3.14 Taxes 31 3.15 Employee 34 Section 3.20 Warranties/Product Liability 34 Section 3.21 Books and Labor Matters; Benefit Plans 31 3.16 Environmental Matters 33 3.17 Insurance 34 3.18 Related Party Transactions 34 3.19 Proceedings; Orders 34 3.20 Warranties Records 35 3.21 Product Liability; Recalls Section 3.22 Inventories 35 3.22 Customers and Suppliers 35 Section 3.23 Export Control Laws 35 3.24 Government Contracts 36 3.25 Solvency; Fraudulent Conveyance 35 Section 3.24 Relationships With Related Persons 36 Section 3.25 Foreign Corrupt Practices 36 Section 3.26 Financial Advisor 36 Finders’ Fees 37 Section 3.27 Full Disclosure 37 ARTICLE IV

Purchase and Sale of the Business. 15 Section 2.1 Purchase and Sale of Assets 15 19 Section 2.2 Excluded Assets 15 20 Section 2.3 Assumption of Liabilities 16 22 Section 2.4 Excluded Liabilities 16 23 Section 2.5 Purchase Price; Payment 16 Price 24 Section 2.6 Closing 16 25 Section 2.7 Deliveries by Buyer 16 26 Section 2.8 Deliveries by Sellers 17 Seller 27 Section 2.9 Nonassessability Intracompany Arrangements 29 Section 2.10 Non-Assignability of Assets 18 2.10 Affiliate Acquisitions 19 30 Section 2.11 Allocation of Purchase Price 19 Obtaining Consents and Approvals 31 Section 2.12 Withholding 19 Intellectual Property Agreement 31 Section 2.13 Escrow 19 IRR Payment 31 Section 2.14 Deferred Closings 37 ARTICLE III REPRESENTATIONS AND WARRANTIES OF SELLERS 20 SELLER Section 3.1 Organization and Qualification 20 38 Section 3.2 Organizational Documents; Records 20 Subsidiaries 39 Section 3.3 Corporate Authorization 20 40 Section 3.4 No Violations; Consents 21 and Approvals 40 Section 3.5 Subsidiaries; Investments 21 Non-Contravention 40 Section 3.6 Binding Effect 41 Section 3.7 Financial Statements 22 3.7 41 Section 3.8 Litigation and Claims 42 Section 3.9 Taxes 42 Section 3.10 Employee Benefits 43 Section 3.11 Labor 45 Section 3.12 Compliance with Laws 45 Section 3.13 Environmental Matters 45 Section 3.14 Intellectual Property 46 Section 3.15 Contracts 47 Section 3.16 Absence of Changes 22 3.8 48 Section 3.17 Sufficiency of Assets 48 Section 3.18 Title to Transferred Assets; Condition and Sufficiency 23 3.9 Leases; Leased Property 48 Section 3.19 Real Property 23 3.10 Intellectual Property 24 3.11 Contracts 28 3.12 Compliance with Laws; Governmental Authorizations 30 3.13 Certain Business Practices 30 3.14 Taxes 31 3.15 Employee and Labor Matters; Benefit Plans 31 3.16 Environmental Matters 33 3.17 49 Section 3.20 Warranties/Product Liability 50 Section 3.21 Insurance 34 3.18 Related Party Transactions 34 3.19 Proceedings; Orders 34 3.20 Warranties 35 3.21 Product Liability; Recalls 35 50 Section 3.22 Finders’ Fees 51 Section 3.23 Customers and Suppliers 35 3.23 Export Control Laws 35 51 Section 3.24 Government Contracts 36 Affiliated Transactions 51 Section 3.25 Solvency; Fraudulent Conveyance 36 3.26 Financial Advisor 36 No Other Representations or Warranties 51 ARTICLE IV

Purchase and Sale of the Business. 15 Section 2.1 Purchase and Sale of Assets 15 13 Section 2.2 Excluded Assets 15 14 Section 2.3 Assumption of Liabilities 16 15 Section 2.4 Excluded Liabilities 16 15 Section 2.5 Purchase Price; Payment . 15 Section 2.6 Escrow Fund 15 Section 2.7 Contingent Payment. 16 2.6 Section 2.8 Closing 16 2.7 Section 2.9 Ancillary Agreements 16 Section 2.10 Deliveries by Buyer 16 2.8 17 Section 2.11 Deliveries by Sellers Seller 17 2.9 Nonassessability Section 2.12 Nonassignability of Assets 18 2.10 Section 2.13 Affiliate Acquisitions 19 2.11 Allocation of Purchase Price 19 2.12 Withholding 19 2.13 Escrow Section 2.14 Post-Closing Transition Services 19 ARTICLE III REPRESENTATIONS AND WARRANTIES OF SELLERS 20 SELLER Section 3.1 Organization and Qualification 19 Section 3.2 Subsidiaries 20 3.2 Organizational Documents; Records 20 Section 3.3 Corporate Authorization 20 Section 3.4 No Violations; Consents and Approvals 20 Section 3.5 Non-Contravention 20 Section 3.6 Binding Effect 21 3.5 Subsidiaries; Investments Section 3.7 Financial Statements. 21 3.6 Financial Statements Section 3.8 Litigation and Claims 22 3.7 Section 3.9 Taxes 22 Section 3.10 Reserved. 22 Section 3.11 Compliance with Laws 22 Section 3.12 Intellectual Property. 23 Section 3.13 Reserved. 26 Section 3.14 Contracts 26 Section 3.15 Territorial Restrictions 27 Section 3.16 Absence of Changes 22 3.8 27 Section 3.17 Confidentiality 27 Section 3.18 Assets 27 Section 3.19 Title to Transferred Assets; Condition Property. 27 Section 3.20 Operation of the Business. 28 Section 3.21 Absence of Liabilities 28 Section 3.22 Warranties/Product Liability 28 Section 3.23 Insurance 29 Section 3.24 Finders’ Fees 29 Section 3.25 Continued Employment 29 Section 3.26 Seller Products and Sufficiency 23 3.9 Leases; Leased Real Property 23 3.10 Intellectual Property 24 3.11 Contracts 28 3.12 Compliance with Laws; Governmental Authorizations Inventory. 29 Section 3.27 Export Controls, Trade Sanctions and Certain Payments. 29 Section 3.28 Disclosure 30 3.13 Certain Business Practices 30 3.14 Taxes 31 3.15 Employee and Labor Matters; Benefit Plans 31 3.16 Environmental Matters 33 3.17 Insurance 34 3.18 Related Party Transactions 34 3.19 Proceedings; Orders 34 3.20 Warranties 35 3.21 Product Liability; Recalls 35 3.22 Customers and Suppliers 35 3.23 Export Control Laws 35 3.24 Government Contracts 36 3.25 Solvency; Fraudulent Conveyance 36 3.26 Financial Advisor 36 ARTICLE IV