SEPARATION AND DISTRIBUTION AGREEMENT BY AND BETWEEN MDU RESOURCES GROUP, INC. AND KNIFE RIVER HOLDING COMPANY DATED AS OF MAY 30, 2023Separation and Distribution Agreement • June 1st, 2023 • Knife River Holding Co • Mining & quarrying of nonmetallic minerals (no fuels) • Delaware
This SEPARATION AND DISTRIBUTION AGREEMENT, dated as of May 30, 2023 (this “Agreement”), is by and between MDU Resources Group, Inc., a Delaware corporation (“Parent”), and Knife River Holding Company, a Delaware corporation (“SpinCo”). Capitalized terms used herein and not otherwise defined shall have the respective meanings assigned to them in Article I.
STOCKHOLDER AND REGISTRATION RIGHTS AGREEMENT BY AND BETWEEN MDU RESOURCES GROUP, INC. AND KNIFE RIVER HOLDING COMPANY DATED AS OF MAY 30, 2023Stockholder and Registration Rights Agreement • June 1st, 2023 • Knife River Holding Co • Mining & quarrying of nonmetallic minerals (no fuels)
This STOCKHOLDER AND REGISTRATION RIGHTS AGREEMENT, dated as of May 30, 2023 (this “Agreement”), is by and between MDU Resources Group, Inc., a Delaware corporation (“Parent”), and Knife River Holding Company, a Delaware corporation (“SpinCo”). Capitalized terms used herein and not otherwise defined shall have the respective meanings assigned to them in Article I.
TRANSITION SERVICES AGREEMENT by and between MDU Resources Group, Inc. and Knife river holding companyTransition Services Agreement • June 1st, 2023 • Knife River Holding Co • Mining & quarrying of nonmetallic minerals (no fuels) • Delaware
This TRANSITION SERVICES AGREEMENT (this “Agreement”) is entered into as of May 30, 2023, by and between MDU Resources Group. Inc., a Delaware corporation (“Parent”), and Knife River Holding Company, a Delaware corporation (“SpinCo”).
TAX MATTERS AGREEMENT DATED AS OF MAY 30, 2023 BY AND BETWEEN MDU RESOURCES GROUP, INC. ANDTax Matters Agreement • June 1st, 2023 • Knife River Holding Co • Mining & quarrying of nonmetallic minerals (no fuels)
This TAX MATTERS AGREEMENT (this “Agreement”) is entered into as of May 30, 2023, by and between MDU Resources Group, Inc., a Delaware corporation (“Parent”) and Knife River Holding Company, a Delaware corporation and a wholly owned subsidiary of Parent (“SpinCo”) (Parent and SpinCo sometimes collectively referred to herein as the “Companies” and, as the context requires, individually referred to herein as a “Company”).
EMPLOYEE MATTERS AGREEMENT BY AND BETWEEN MDU RESOURCES GROUP, INC. AND KNIFE RIVER HOLDING COMPANY DATED AS OF May 30, 2023Employee Matters Agreement • June 1st, 2023 • Knife River Holding Co • Mining & quarrying of nonmetallic minerals (no fuels) • Delaware
This EMPLOYEE MATTERS AGREEMENT, dated as of May 30, 2023 (this “Agreement”), is by and between MDU Resources Group, Inc., a Delaware corporation (“Parent”), and Knife River Holding Company, a Delaware corporation (“SpinCo”).
CREDIT AGREEMENT DATED AS OF MAY 31, 2023 AMONG KNIFE RIVER HOLDING COMPANY, AS THE BORROWER, JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT AND COLLATERAL AGENT AND THE LENDERS AND L/C ISSUERS PARTY HERETO JPMORGAN CHASE BANK, N.A., BOFA...Credit Agreement • June 1st, 2023 • Knife River Holding Co • Mining & quarrying of nonmetallic minerals (no fuels) • New York
This CREDIT AGREEMENT is entered into as of May 31, 2023, among KNIFE RIVER HOLDING COMPANY, a Delaware corporation (to be renamed Knife River Corporation on the Spin-Off Date (as defined below)) (the “Company”), each lender from time to time party hereto (collectively, the “Lenders” and, each individually, a “Lender”), each L/C Issuer party hereto and JPMORGAN CHASE BANK, N.A. (“JPM”), as Administrative Agent and Collateral Agent.
Supplemental IndentureSupplemental Indenture • June 1st, 2023 • Knife River Holding Co • Mining & quarrying of nonmetallic minerals (no fuels) • New York
SUPPLEMENTAL INDENTURE, dated as of May 31, 2023 (this “Supplemental Indenture”), by and among the parties that are signatories hereto as Guarantors (each, a “Guaranteeing Subsidiary” and together, the “Guaranteeing Subsidiaries”), Knife River Holding Company (to be renamed Knife River Corporation on the Spin-Off Date), a Delaware Corporation (the “Issuer”), and U.S. Bank Trust Company, National Association, as trustee under the Indenture referred to below (the “Trustee”).
