Common use of Purchase and Sale of Interests Clause in Contracts

Purchase and Sale of Interests. 8 2.1 Purchase, Sale and Assumption of Assets and Liabilities 8 2.2 Employment of Certain Seller Employees 9 2.3 Purchase Price 13 2.4 Closing 13 2.5 Post-Closing Adjustments 14 ARTICLE III REPRESENTATIONS AND WARRANTIES CONCERNING THE COMPANY 14 3.1 Organization; Standing and Power 14 3.2 Capitalization 15 3.3 Authority; Noncontravention 15 3.4 Approvals 15 3.5 Litigation 16 3.6 Absence of Liabilities 16 3.7 Material Contracts and Obligations 16 3.8 Compliance 17 3.9 Licenses, Permits and Authorizations 17 3.10 Environmental Matters 17 3.11 Appropriateness of Payments 17 3.12 Powers of Attorney 18 3.13 Banking 18 3.14 Disclosures 18 3.15 Social Services Payments 18 3.16 Physical Inspection Reports 18 3.17 Litigation or Insurance Claims 18 ARTICLE IV REPRESENTATIONS AND WARRANTIESCONCERNING MANAGEMENT RIGHTS 18 4.1 Management Documents 18 4.2 Termination of the Management Agreements 19 4.3 The Company as Property Manager 19

Purchase and Sale of Interests. 8 Section 2.1 Purchase, Purchase and Sale of Interests 14 Section 2.2 Closing 14 Section 2.3 Net Working Capital 15 Section 2.4 Contingent Payments 15 Section 2.5 Excluded Liabilities 18 Section 3.1 Corporate Status 19 Section 3.2 Authorization 19 Section 3.3 No Conflict 19 Section 3.4 Governmental Filings 20 Section 3.5 Capital Structure 20 Section 3.6 Financial Statements 22 Section 3.7 Accounts Receivable 22 Section 3.8 No Undisclosed Liabilities 22 Section 3.9 Absence of Certain Changes or Events 22 Section 3.10 Legal Proceedings 25 Section 3.11 Compliance with Laws; Mining Permits 25 Section 3.12 Safety Matters 27 Section 3.13 Environmental Matters 27 Section 3.14 Taxes 29 Section 3.15 Labor and Assumption Employment Matters 29 Section 3.16 Employee Benefit Plans 30 Section 3.17 Company Contracts 33 Section 3.18 Insurance 36 Section 3.19 Real Property 37 Section 3.20 Equipment and Other Personalty 39 Section 3.21 Intellectual Property 40 Section 3.22 Condition and Sufficiency of Assets 40 Section 3.23 Inventory 40 Section 3.24 Reserved 41 Section 3.25 Brokers’ Fees 41 Section 3.26 Compliance with the Foreign Corrupt Practices Act and Liabilities 8 2.2 Employment of Certain Seller Employees 9 2.3 Purchase Price 13 2.4 Closing 13 2.5 Post-Closing Adjustments 14 ARTICLE III REPRESENTATIONS AND WARRANTIES CONCERNING THE COMPANY 14 3.1 Organization; Standing Export Control and Power 14 3.2 Capitalization 15 3.3 Authority; Noncontravention 15 3.4 Approvals 15 3.5 Litigation 16 3.6 Absence of Liabilities 16 3.7 Material Contracts and Obligations 16 3.8 Compliance 17 3.9 Licenses, Permits and Authorizations 17 3.10 Environmental Matters 17 3.11 Appropriateness of Payments 17 3.12 Powers of Attorney 18 3.13 Banking 18 3.14 Disclosures 18 3.15 Social Services Payments 18 3.16 Physical Inspection Reports 18 3.17 Litigation or Insurance Claims 18 ARTICLE IV REPRESENTATIONS AND WARRANTIESCONCERNING MANAGEMENT RIGHTS 18 4.1 Management Documents 18 4.2 Termination of the Management Agreements 19 4.3 The Company as Property Manager 19Antiboycott Laws 41

Purchase and Sale of Interests. 8 Section 2.1 Purchase, Purchase and Sale and Assumption of Assets and Liabilities 8 Interests 16 Section 2.2 Employment of Certain Seller Employees 9 Closing 17 Section 2.3 Purchase Price 13 Adjustment 18 Section 2.4 Closing 13 Contingent Payments 21 Section 2.5 Post-Closing Adjustments 14 ARTICLE III REPRESENTATIONS AND WARRANTIES CONCERNING THE COMPANY 14 Excluded Liabilities 24 Section 3.1 Organization; Standing and Power 14 Corporate Status 26 Section 3.2 Capitalization 15 Authorization 26 Section 3.3 Authority; Noncontravention 15 No Conflict 27 Section 3.4 Approvals 15 Governmental Filings 27 Section 3.5 Litigation 16 Capital Structure 28 Section 3.6 Financial Statements 29 Section 3.7 Accounts Receivable 29 Section 3.8 No Undisclosed Liabilities 30 Section 3.9 Absence of Liabilities 16 3.7 Material Contracts and Obligations 16 3.8 Certain Changes or Events 30 Section 3.10 Legal Proceedings 32 Section 3.11 Compliance 17 3.9 Licenses, with Laws; Mining Permits and Authorizations 17 3.10 33 Section 3.12 Safety Matters 34 Section 3.13 Environmental Matters 17 3.11 Appropriateness 35 Section 3.14 Taxes 36 Section 3.15 Labor and Employment Matters 37 Section 3.16 Employee Benefit Plans 38 Section 3.17 Company Contracts 42 Section 3.18 Insurance 44 Section 3.19 Real Property 45 Section 3.20 Equipment and Other Personalty 48 Section 3.21 Intellectual Property 48 Section 3.22 Condition and Sufficiency of Payments 17 3.12 Powers of Attorney 18 3.13 Banking 18 3.14 Disclosures 18 3.15 Social Services Payments 18 3.16 Physical Inspection Reports 18 3.17 Litigation or Insurance Claims 18 ARTICLE IV REPRESENTATIONS AND WARRANTIESCONCERNING MANAGEMENT RIGHTS 18 4.1 Management Documents 18 4.2 Termination of Assets 48 Section 3.23 Inventory 49 Section 3.24 Reserved 49 Section 3.25 Brokers’ Fees 49 Section 3.26 Compliance with the Management Agreements 19 4.3 The Company as Property Manager 19Foreign Corrupt Practices Act and Export Control and Antiboycott Laws 49

Purchase and Sale of Interests. 8 2.1 Purchase, 2 Section 1.1. The Purchase and Sale of the Interests 2 Section 1.2. Closing 2 Section 1.3. Closing Deliveries and Assumption of Assets and Liabilities 8 2.2 Employment of Certain Seller Employees 9 2.3 Actions 2 ARTICLE II PURCHASE PRICE 3 Section 2.1. Purchase Price 13 2.4 Closing 13 2.5 Post-Closing 3 Section 2.2. Adjustments 14 4 Section 2.3. Escrow 7 Section 2.4. Withholding 7 Section 2.5. Purchase Price Allocation 7 ARTICLE III REPRESENTATIONS AND WARRANTIES CONCERNING OF THE COMPANY 14 3.1 Organization; Standing and Power 14 3.2 Capitalization 15 3.3 SELLER 8 Section 3.1. Authority; Noncontravention 15 3.4 8 Section 3.2. Governmental Approvals 15 3.5 9 Section 3.3. The Interests 9 Section 3.4. Litigation 16 3.6 Absence of Liabilities 16 3.7 Material Contracts 9 Section 3.5. Brokers and Obligations 16 3.8 Compliance 17 3.9 Licenses, Permits and Authorizations 17 3.10 Environmental Matters 17 3.11 Appropriateness of Payments 17 3.12 Powers of Attorney 18 3.13 Banking 18 3.14 Disclosures 18 3.15 Social Services Payments 18 3.16 Physical Inspection Reports 18 3.17 Litigation or Insurance Claims 18 Other Advisors 9 ARTICLE IV REPRESENTATIONS AND WARRANTIESCONCERNING MANAGEMENT RIGHTS WARRANTIES OF THE COMPANY 9 Section 4.1. Organization, Power, Standing and Qualification 10 Section 4.2. Subsidiaries 10 Section 4.3. Capitalization 11 Section 4.4. Authority; Noncontravention; Voting Requirements 11 Section 4.5. Governmental Approvals 12 Section 4.6. Financial Statements and Controls 12 Section 4.7. No Undisclosed Liabilities 12 Section 4.8. Absence of Certain Changes or Events 13 Section 4.9. Legal Proceedings 13 Section 4.10. Compliance With Laws 13 Section 4.11. Taxes 14 Section 4.12. Employee Benefits and Labor Matters 16 Section 4.13. Environmental Matters 18 4.1 Section 4.14. Contracts 20 Section 4.15. Title to Properties 22 Section 4.16. Intellectual Property 23 Section 4.17. Insurance 25 Section 4.18. Brokers and Other Advisors 26 Section 4.19. Health Care Regulatory Compliance 26 Section 4.20. Accounts and Notes Receivable and Payable 30 Section 4.21. Related Party Transactions 30 Section 4.22. Banks; Power of Attorney 30 Section 4.23. Customers and Suppliers 30 Section 4.24. Certain Payments 31 Section 4.25. Sales Personnel 31 Section 4.26. Recoupment Proceedings 31 Section 4.27. Capital or Surplus Management Documents 18 4.2 Termination 31 Section 4.28. Entire Business; Sufficiency of Assets and Employees 31 ARTICLE V REPRESENTATIONS AND WARRANTIES OF PARENT 32 Section 5.1. Organization, Standing and Corporate Power 32 Section 5.2. Authority; Noncontravention 32 Section 5.3. Governmental Approvals 32 Section 5.4. Brokers and Other Advisors 32 Section 5.5. Litigation 33 Section 5.6. Sufficient Funds 33 Section 5.7. Reliance 33 Section 5.8. Investment 33 Section 5.9. Information 34 ARTICLE VI ADDITIONAL COVENANTS AND AGREEMENTS 34 Section 6.1. Conduct of Business 34 Section 6.2. No Solicitation by the Management Agreements 19 4.3 The Company as Property Manager 19Company; Etc 37 Section 6.3. Commercially Reasonable Efforts 38 Section 6.4. Public Announcements 39 Section 6.5. Access to Information; Confidentiality 39 Section 6.6. Notification of Certain Matters 39 Section 6.7. Fees and Expenses 40 Section 6.8. Tax Matters 40 Section 6.9. Related Party Transactions 42 Section 6.10. Post-Closing Access; Preservation of Records 43 Section 6.11. Parent’s Obligations with Respect to Employee Benefits 43 Section 6.12. Director and Officer Indemnification 45 Section 6.13. Veridicus Name 46 Section 6.14. Change In Control Customer Contracts 46 Section 6.15. Access to Insurance 46 Section 6.16. Updated Information Regarding Customers and Suppliers 46 Section 6.17. Performance Guarantee Payment 46