Purchase and Sale of Company Shares Closing. 12 2.1 Transfer of Company Shares 12 2.2 Purchase Price and Payment 13 2.3 Closing Estimates 14 2.4 Post-Closing Adjustments 14 2.5 Closing 16 2.6 Escrows 16 2.7 Purchase Price 16
Purchase and Sale of Company Shares Closing. 11 Section 2.1 Purchase and Sale of Shares 11 Section 2.2 Aggregate Purchase Price; Share Purchase Price 11 Section 2.3 Closing Balance Sheets; Final Roof Warranty Claim Liability Amount Calculation 12 Section 2.4 Share Purchase Price Adjustments 14 Section 2.5 Closing 14 Section 2.6 Closing Obligations of the Seller Parties 14 Section 2.7 Closing Obligations of the Buyer Parties 15 ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE SELLER PARTIES 15 Section 3.1 Organization and Good Standing 15 Section 3.2 Authorization of Agreement 16 Section 3.3 Ownership and Transfer of Shares 16 Section 3.4 Capitalization 16 Section 3.5 Litigation 17 Section 3.6 No Conflicts 17 Section 3.7 Consents, Approvals and Filings 17 Section 3.8 Subsidiaries 18 Section 3.9 Financial Statements 18 Section 3.10 No Undisclosed Liabilities; Indebtedness 18 Section 3.11 Absence of Certain Developments 18 Section 3.12 Taxes 19 Section 3.13 Owned Real Property 20 Section 3.14 Personal Property 20 Section 3.15 Material Contracts 21 Section 3.16 Employee Benefit Plans 22 Section 3.17 Labor 23 Section 3.18 Compliance with Laws; Governmental Authorizations 24 Section 3.19 Environmental Matters 24 Section 3.20 Inventory 25 Section 3.21 Transactions with Affiliates 25 Section 3.22 Insurance 25 Section 3.23 Business Records 25 Section 3.24 Sufficiency of Assets 25 Section 3.25 NHTSA; Other Safety Standards 25 Section 3.26 Product Liability; Product Recalls 26 Section 3.27 Warranties 26 Section 3.28 Dealer Network 26 Section 3.29 Accounts Payable and Rebates 26 Section 3.30 Financial Advisors 26 Section 3.31 Accounts Receivable 27 Section 3.32 Intellectual Property 27
Purchase and Sale of Company Shares Closing