Common use of Purchase and Sale of Membership Interests Clause in Contracts

Purchase and Sale of Membership Interests. 11 2.1 Purchase and Sale 11 2.2 Reserved 11 2.3 Initial Purchase Price Adjustments 11 2.4 Defect Escrow 14 2.5 Closing 14 2.6 Allocation of Final Purchase Price 16 2.7 Effective Date 17 ARTICLE III REPRESENTATIONS AND WARRANTIES OF SELLER 17 3.1 Organization 17 3.2 Capitalization of the Company 17 3.3 Subsidiaries 18 3.4 Due Authorization 18 3.5 No Violation or Conflict 18 3.6 Contracts 18 3.7 Compliance with Law 19 3.8 Litigation 20 3.9 Taxes 20 3.10 Environmental Matters 20 3.11 Fees and Commissions 21 3.12 Absence of Undisclosed Liabilities; Absence of Changes 21 3.13 Financial Statements 21 3.14 Employees and Employee Benefit Plans 22 3.15 Seller’s Security 22 3.16 Insurance 22 3.17 Oil and Gas Contracts 22 3.18 Oil and Gas Properties 24 3.19 Affiliate Transactions 26 3.20 Preferential Rights 26 3.21 Consents 26 3.22 Schedules 26 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF BUYER 26 4.1 Organization 26 4.2 Due Authorization 26 4.3 No Violation or Conflict 27 4.4 No Reliance 27 4.5 Legal Proceedings 27 4.6 Investment Intent 27 4.7 Fees and Commissions 28 4.8 Financing 28 4.9 No Knowledge of Breach 28 Page ARTICLE V COVENANTS 28 5.1 Conduct of Business 28 5.2 Access to Information 30 5.3 Further Assurances; Consents; Waiver of Notices 30 5.4 Filings 30 5.5 Publicity 31 5.6 Amendment of Schedules 31 5.7 Accounting Matters 31 5.8 Computer Data 31 5.9 Covenant to Satisfy Conditions 32 5.10 Intercompany Indebtedness 32 5.11 Transition Services Agreement 32 ARTICLE VI CONDITIONS PRECEDENT TO CONSUMMATION OF THE CLOSING; CLOSING 32

Purchase and Sale of Membership Interests. 11 2.1 Purchase 1 Section 1.1 Sale and Sale 11 2.2 Reserved 11 2.3 Initial Transfer of Membership Interests 1 Section 1.2 Purchase Price Adjustments 11 2.4 Defect 1 Section 1.3 Closing Payments 2 Section 1.4 Payment of Escrow 14 2.5 Closing 14 2.6 Amount; Required Payments 2 Section 1.5 Allocation of Final Purchase Price 16 2.7 Effective Date 17 3 Section 1.6 Tax Withholding 3 ARTICLE III II. CLOSING; CLOSING CONDITIONS AND DELIVERIES 3 Section 2.1 Closing 3 Section 2.2 Conditions to Obligations of Purchaser to Close 3 Section 2.3 Conditions to Obligations of Seller to Close 5 ARTICLE III. REPRESENTATIONS AND WARRANTIES OF SELLER 17 6 Section 3.1 Organization 17 3.2 Capitalization Representations and Warranties of the Company 17 and Seller 6 Section 3.2 Representations and Warranties of Seller 22 Section 3.3 Subsidiaries 18 3.4 Due Authorization 18 3.5 No Violation or Conflict 18 3.6 Contracts 18 3.7 Compliance with Law 19 3.8 Litigation 20 3.9 Taxes 20 3.10 Environmental Matters 20 3.11 Fees Representations and Commissions 21 3.12 Absence Warranties of Undisclosed Liabilities; Absence Purchaser 23 ARTICLE IV. PRE-CLOSING COVENANTS 24 Section 4.1 General 24 Section 4.2 Notices and Consents 24 Section 4.3 Operation and Preservation of Changes 21 3.13 Financial Statements 21 3.14 Employees and Employee Benefit Plans 22 3.15 Seller’s Security 22 3.16 Insurance 22 3.17 Oil and Gas Contracts 22 3.18 Oil and Gas Properties Business 24 3.19 Affiliate Transactions 26 3.20 Preferential Rights 26 3.21 Consents 26 3.22 Schedules Section 4.4 Access 25 Section 4.5 Notice of Developments 25 Section 4.6 Exclusivity 25 Section 4.7 Confidential Information 25 Section 4.8 Termination of 401(k) Plan 26 ARTICLE IV REPRESENTATIONS AND WARRANTIES V. POST-CLOSING COVENANTS 26 Section 5.1 Further Assurances 26 Section 5.2 Litigation Support 26 Section 5.3 Confidential Information 26 Section 5.4 Tax Matters 27 Section 5.5 Termination of Management Fee Agreement 28 Section 5.6 Release 28 ARTICLE VI. CERTAIN REMEDIES 28 Section 6.1 Indemnification and Escrow 28 Section 6.2 Indemnification Procedure 29 Section 6.3 Survival 31 TABLE OF BUYER 26 4.1 Organization 26 4.2 Due Authorization 26 4.3 CONTENTS (continued) Page Section 6.4 Limitations 32 Section 6.5 Materiality Qualifiers 33 Section 6.6 Exclusive Remedy; Rights to Specific Performance 33 Section 6.7 Right of Set Off; Recourse 34 Section 6.8 Knowledge and Investigation; No Violation or Conflict 27 4.4 No Reliance 27 4.5 Legal Proceedings 27 4.6 Investment Intent 27 4.7 Other Representations 34 Section 6.9 Other Factors Not Limiting 34 Section 6.10 Effect of Indemnification Payments 34 Section 6.11 Effect of Officer’s Certificates 34 Section 6.12 Maximum Contribution 34 Section 6.13 References to “Indemnification Obligations” 35 ARTICLE VII. TERMINATION OF AGREEMENT 35 Section 7.1 Termination Generally 35 Section 7.2 Effect of Termination 35 ARTICLE VIII. MISCELLANEOUS 35 Section 8.1 Press Releases and Public Announcements 35 Section 8.2 Notices 36 Section 8.3 Interpretation 36 Section 8.4 Counterparts; Facsimile Signature 37 Section 8.5 Entire Agreement; Nonassignability; Parties in Interest 37 Section 8.6 Severability 38 Section 8.7 Extension; Waiver; Amendment 38 Section 8.8 Governing Law; Jurisdiction 38 Section 8.9 Attorneys’ Fees and Commissions 28 4.8 Financing 28 4.9 No Knowledge of Breach 28 Page ARTICLE V COVENANTS 28 5.1 Conduct of Business 28 5.2 Access to Information 30 5.3 Further Assurances; Consents; 38 Section 8.10 Waiver of Notices 30 5.4 Filings 30 5.5 Publicity 31 5.6 Amendment Jury Trial 38 Section 8.11 Expenses 39 EXHIBITS Exhibit A Definitions Exhibit B Form of Schedules 31 5.7 Accounting Non-Competition Agreement SCHEDULES Disclosure Schedule Schedule 6.1 Specific Indemnification Matters 31 5.8 Computer Data 31 5.9 Covenant MEMBERSHIP INTEREST PURCHASE AGREEMENT THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of February 13, 2014 by and among M/A-COM Technology Solutions Inc., a Delaware corporation (“Purchaser”), Nitronex, LLC, a Delaware limited liability company (the “Company”), and GaAs Labs, LLC, a California limited liability company (“Seller”). Purchaser, the Company and Seller are sometimes referred to Satisfy Conditions 32 5.10 Intercompany Indebtedness 32 5.11 Transition Services Agreement 32 ARTICLE VI CONDITIONS PRECEDENT TO CONSUMMATION OF THE CLOSING; CLOSING 32herein individually as a “Party” and collectively as the “Parties.”

Purchase and Sale of Membership Interests. 11 1 Section 2.1 Purchase Agreement to Buy and Sale 11 Sell Membership Interests 1 Section 2.2 Reserved 11 2.3 Initial Purchase Price Adjustments 2 Section 2.3 Determination of Closing Working Capital 3 Section 2.4 Disputes Regarding Working Capital Schedule 3 Section 2.5 Additional Consideration. 5 Section 2.6 Right of Offset 10 Section 2.7 Closing 11 2.4 Defect Escrow 14 2.5 Closing 14 2.6 Allocation of Final Purchase Price 16 2.7 Effective Date 17 ARTICLE III REPRESENTATIONS AND WARRANTIES OF SELLER 17 3.1 Organization 17 3.2 Capitalization Section 2.8 Designated Employee Payments 13 Article III. Representations and Warranties of the Sellers 13 Section 3.1 Authority of Seller 13 Section 3.2 Ownership 13 Section 3.3 Own Account 13 Section 3.4 Consents; Conflicts 13 Section 3.5 No Reliance 14 Section 3.6 Investment Experience 14 Section 3.7 Dilution Protection 15 Section 3.8 No General Solicitation 15 Section 3.9 Legend 15 Section 3.10 No Other Representations or Warranties 16 Article IV. Representations and Warranties of the principal Sellers with Respect to the Company 16 Section 4.1 Organization and Business; Power and Authority; Effect of Transaction 17 3.3 Section 4.2 Non-contravention 17 Section 4.3 Subsidiaries 18 3.4 Due Authorization Section 4.4 Accounts Receivable 18 3.5 No Violation or Conflict 18 3.6 Contracts 18 3.7 Compliance with Law 19 3.8 Litigation 20 3.9 Taxes 20 3.10 Environmental Matters 20 3.11 Fees and Commissions 21 3.12 Absence of Undisclosed LiabilitiesSection 4.5 Financial Statements; Absence of Changes Certain Changes; Undisclosed Liabilities 18 Section 4.6 Material Contracts 20 Section 4.7 Clients and Suppliers 21 3.13 Financial Statements Section 4.8 Title and Sufficiency of Assets 21 3.14 Employees Section 4.9 Books and Records 22 Section 4.10 Legal Actions 22 Section 4.11 Tax Matters 22 Section 4.12 Insurance 24 Section 4.13 Bankruptcy Matters 24 Section 4.14 Affiliate Transactions 24 Section 4.15 Broker or Finder 24 Section 4.16 Intellectual Property 24 Section 4.17 Employee Benefit Plans 22 3.15 Seller’s Security 22 3.16 Insurance 22 3.17 Oil and Gas Contracts 22 3.18 Oil and Gas Properties 24 3.19 Affiliate Transactions 25 Section 4.18 Employees; Employee Relations 26 3.20 Preferential Rights 26 3.21 Consents 26 3.22 Schedules 26 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF BUYER 26 4.1 Organization 26 4.2 Due Authorization 26 4.3 Section 4.19 No Violation or Conflict 27 4.4 No Reliance 27 4.5 Legal Proceedings 27 4.6 Investment Intent 27 4.7 Fees and Commissions 28 4.8 Financing 28 4.9 No Knowledge of Breach 28 Page ARTICLE V COVENANTS 28 5.1 Conduct of Business 28 5.2 Access to Information 30 5.3 Further Assurances; Consents; Waiver of Notices 30 5.4 Filings 30 5.5 Publicity 31 5.6 Amendment of Schedules 31 5.7 Accounting Matters 31 5.8 Computer Data 31 5.9 Covenant to Satisfy Conditions 32 5.10 Intercompany Indebtedness 32 5.11 Transition Services Agreement 32 ARTICLE VI CONDITIONS PRECEDENT TO CONSUMMATION OF THE CLOSING; CLOSING 32Illegal Payments, Etc 26

Purchase and Sale of Membership Interests. 11 2.1 1 1.1 Purchase and Sale 11 2.2 Reserved 11 2.3 Initial of Membership Interests of the Company 1 1.2 Consideration for Membership Interests 2 1.3 The Closing 2 1.4 Deliveries at the Closing 3 1.5 Purchase Price Adjustments 11 2.4 Defect Escrow 14 2.5 Closing 14 2.6 Allocation of Final Purchase Price 16 2.7 Effective Date 17 4 ARTICLE III 2. REPRESENTATIONS AND WARRANTIES OF SELLER 17 3.1 Organization 17 3.2 Capitalization 5 2.1 Representations and Warranties of the Company 17 3.3 Subsidiaries 18 3.4 Due Authorization 18 3.5 No Violation or Conflict 18 3.6 Contracts 18 3.7 Compliance with Law 19 3.8 Litigation 20 3.9 Taxes 20 3.10 Environmental Matters 20 3.11 Fees Sellers 5 2.2 Representations and Commissions 21 3.12 Absence Warranties of Undisclosed Liabilities; Absence of Changes 21 3.13 Financial Statements 21 3.14 Employees Buyer and Employee Benefit Plans 22 3.15 Seller’s Security 22 3.16 Insurance 22 3.17 Oil and Gas Contracts 22 3.18 Oil and Gas Properties 24 3.19 Affiliate Transactions 26 3.20 Preferential Rights 26 3.21 Consents 26 3.22 Schedules 26 Newco 6 ARTICLE IV 3. REPRESENTATIONS AND WARRANTIES OF BUYER 26 4.1 Organization 26 4.2 Due Authorization 26 4.3 7 CONCERNING THE COMPANY 7 3.1 Entity Status 7 3.2 Power and Authority; Enforceability 7 3.3 No Violation or Conflict 27 8 3.4 Brokers’ Fees 8 3.5 Capitalization 8 3.6 Records 8 3.7 Subsidiaries 9 3.8 Financial Statements 9 3.9 Subsequent Events 10 3.10 Liabilities 12 3.11 Legal Compliance 12 3.12 Tax Matters 12 3.13 Title to Assets 14 3.14 Real Property 14 3.15 Intellectual Property 15 3.16 Tangible Assets 17 3.17 Inventory 17 3.18 Contracts 17 3.19 Licenses 18 3.20 Receivables 18 3.21 Powers of Attorney 19 3.22 Insurance 19 3.23 Litigation 19 3.24 Labor; Employees 20 3.25 Employee Benefits 21 3.26 Environmental, Health, and Safety Matters 22 3.27 Customers 23 3.28 Suppliers 24 3.29 Affiliate Transactions 24 3.30 Permits 24 3.31 Foreign Corrupt Practices Act Compliance 24 3.32 Bank Accounts 24 3.33 Investment 24 ARTICLE 4. ADDITIONAL AGREEMENTS 25 4.1 General 25 4.2 Cooperation 25 4.3 Litigation Support 25 4.4 No Reliance 27 JZH Non-Competition 25 4.5 Legal Proceedings JZH Confidentiality 27 4.6 Investment Intent 27 Press Releases and Announcements 28 4.7 Fees Waiver and Commissions Release 28 4.8 Financing 28 Termination of Existing Agreements 29 4.9 No Knowledge of Breach 28 Page ARTICLE V COVENANTS 28 5.1 Conduct of Business 28 5.2 Access to Information Buyer and Newco Stock Certificates 30 5.3 Further Assurances; Consents; Waiver of Notices 4.10 Director and Officer Indemnification 30 5.4 Filings 4.11 JZH Marks 30 5.5 Publicity 31 5.6 Amendment of Schedules 31 5.7 Accounting 4.12 Tax Matters 31 ARTICLE 5. INDEMNIFICATION 32 5.1 Survival of Representations and Warranties 32 5.2 Indemnification Provisions for Buyer’s Benefit 33 5.3 Indemnification Provisions for Sellers’ Benefit 33 5.4 Indemnification Claim Procedures 34 5.5 Limitations on Sellers’ Indemnification Liability 36 5.6 Indemnification Fund 36 5.7 Other Indemnification Provisions 37 5.8 Computer Data 31 5.9 Covenant Non-Recourse Against Individuals 38 ARTICLE 6. DEFINITIONS 38 ARTICLE 7. MISCELLANEOUS 47 7.1 Entire Agreement 47 7.2 Successors 47 7.3 Assignments 47 7.4 Notices 47 7.5 Specific Performance 48 7.6 CONSENT TO JURISDICTION 48 7.7 Time 48 7.8 Counterparts 48 7.9 Headings 48 7.10 Governing Law 48 7.11 Amendments and Waivers 48 7.12 Severability 49 7.13 Expenses 49 7.14 Construction 49 7.15 Incorporation of Exhibits and Schedules 49 7.16 Delivery by PDF and Facsimile 49 ATTACHMENTS Exhibit A – List of Company Members and Membership Interests Ownership Exhibit B – Put/Call Option Agreement Exhibit C – Membership Interest Assignment Exhibit D – Form of Non-Competition Agreement Exhibit E – Form of Opinion of Counsel to Satisfy Conditions 32 5.10 Intercompany Indebtedness 32 5.11 Transition Services the Company Exhibit F – Form of Guaranty of KG Holding, LLC Exhibit G – Form of Guaranty of Mxxxxx X. Xxxxxxxxx Exhibit H – Form of Guaranty of Jxxxxxx X. Xxx Exhibit I – Form of Opinion of Counsel to Buyer and Newco Exhibit J – Notice Disclosure Schedules MEMBERSHIP INTEREST PURCHASE AGREEMENT This Membership Interest Purchase Agreement 32 ARTICLE VI CONDITIONS PRECEDENT TO CONSUMMATION OF THE CLOSING; CLOSING 32(this “Agreement”), dated as of November 2, 2010, is entered in by and among Team, Inc., a Texas corporation (“Buyer”), TQ Acquisition, Inc., a newly formed Texas corporation and wholly-owned subsidiary of Buyer (“Newco”), Quest Integrity Group, LLC, a Delaware limited liability company (the “Company”), and Jxxx Xxxx Holdings, Inc., a Texas corporation (“JZH”), Ring Mountain Capital, LLC, a California limited liability company (“Ring Mountain”), Quest Integrated, Inc., a Washington corporation (“Qi2”), Alexius Group II, LLC, a Delaware limited liability company (“Alexius”), Mxxxxx X. Xxxxxxxxx (“Altenberg”) and Txxx Xxxx (“Kxxx” and together with Ring Mountain, Qi2, Alexius and Altenberg, the “Company Members”). JZH and each Company Member are referred to herein individually as “Seller” and collectively as “Sellers” and, together with the Company, the “Seller Parties”). For the avoidance of doubt, the term “Company Members” shall not include JZH.

Purchase and Sale of Membership Interests. 11 12 Section 2.1 Purchase Sale and Sale 11 Transfer of Membership Interests 12 Section 2.2 Reserved 11 2.3 Initial Purchase Price Adjustments 11 13 Section 2.3 Payment Direction Certificate; Pay-Off Letters 13 Section 2.4 Defect Escrow 14 2.5 Closing 14 2.6 Allocation Payment of Final Purchase Price 16 14 Section 2.5 Purchase Price Calculation 14 Section 2.6 Post-Closing Adjustment of Closing Date Payment 15 Section 2.7 Effective Disputes Regarding Closing Date Balance Sheet and Adjustments 17 Section 2.8 Tax Treatment; Purchase Price Allocation 18 ARTICLE III REPRESENTATIONS AND WARRANTIES OF SELLER 17 CLOSING; DELIVERIES 19 Section 3.1 Organization 17 Closing 19 Section 3.2 Capitalization of the Company 17 3.3 Subsidiaries 18 3.4 Due Authorization 18 3.5 No Violation or Conflict 18 3.6 Contracts 18 3.7 Compliance with Law 19 3.8 Litigation Deliveries and Actions Taken at Closing 20 3.9 Taxes 20 3.10 Environmental Matters 20 3.11 Fees and Commissions 21 3.12 Absence of Undisclosed Liabilities; Absence of Changes 21 3.13 Financial Statements 21 3.14 Employees and Employee Benefit Plans 22 3.15 Seller’s Security 22 3.16 Insurance 22 3.17 Oil and Gas Contracts 22 3.18 Oil and Gas Properties 24 3.19 Affiliate Transactions 26 3.20 Preferential Rights 26 3.21 Consents 26 3.22 Schedules 26 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF BUYER 26 REGARDING COMPANY AND SELLERS 21 Section 4.1 Organization 26 and Authority of Sellers and Owners 22 Section 4.2 Due Organization and Good Standing of Company; Authorization 26 22 Section 4.3 Conflicts; Consents of Third Parties 23 Section 4.4 Capitalization 23 Section 4.5 Subsidiaries 24 Section 4.6 Financial Statements 24 Section 4.7 No Violation or Conflict Undisclosed Liabilities 25 Section 4.8 Title to Assets; Sufficiency 25 Section 4.9 Absence of Certain Changes 25 Section 4.10 Taxes 27 4.4 No Reliance 27 4.5 Legal Proceedings 27 4.6 Investment Intent 27 4.7 Fees Section 4.11 Company Real Estate 28 Section 4.12 Environmental, Health and Commissions 28 4.8 Financing 28 4.9 No Knowledge Safety 31 Section 4.13 Material Contracts 31 Section 4.14 Intellectual Property 33 Section 4.15 Employee Benefits Plans 34 Section 4.16 Labor and Employees 36 Section 4.17 Litigation 37 Section 4.18 Compliance with Laws; Permits 37 Section 4.19 Products. 38 Section 4.20 Related Party Transactions 40 Section 4.21 Accounts Receivable 40 Section 4.22 Inventory 41 Section 4.23 Customers and Suppliers 41 Section 4.24 Insurance 41 Section 4.25 Bank Accounts and Powers of Breach 28 Page Attorney 41 Section 4.26 Financial Advisors 42 ARTICLE V REPRESENTATIONS AND WARRANTIES REGARDING PURCHASER 42 Section 5.1 Organization and Good Standing 42 Section 5.2 Authorization 42 Section 5.3 Conflicts; Consents of Third Parties 42 Section 5.4 Litigation 43 Section 5.5 Investment Intention 43 Section 5.6 Sufficient Funds 43 Section 5.7 No Brokers 43 ARTICLE VI COVENANTS 28 5.1 OF THE PARTIES 43 Section 6.1 Conduct of the Business 28 5.2 43 Section 6.2 Access to Information 30 5.3 45 Section 6.3 Notice of Events 45 Section 6.4 Regulatory Approvals 46 Section 6.5 Third Party Consents 47 Section 6.6 Release 47 Section 6.7 Confidentiality 48 Section 6.8 Non-competition; Non-solicitation. 49 Section 6.9 Non-Operating Real Estate 50 Section 6.10 Title Commitments, Title Policies, Surveys and Zoning Letters 50 Section 6.11 Lease Estoppels; Landlord Lien Waivers; and Non-Disturbance Agreements 50 Section 6.12 No Solicitation; Exclusivity 51 Section 6.13 Interim Financial Statements 51 Section 6.14 Confidentiality Agreement 51 Section 6.15 Publicity 51 Section 6.16 Employment and Employee Benefits 52 Section 6.17 Certain Affiliate Agreements 54 Section 6.18 Tax Covenants 54 Section 6.19 Pre-Closing Reorganization 56 Section 6.20 Environmental Reports 56 Section 6.21 Further AssurancesAssurances 56 ARTICLE VII CLOSING CONDITIONS 57 Section 7.1 Conditions Precedent to the Obligations of Purchaser 57 Section 7.2 Conditions Precedent to the Obligations of Company, Sellers and Owners 58 ARTICLE VIII INDEMNIFICATION 59 Section 8.1 Survival 59 Section 8.2 Indemnification by Sellers and Owners 59 Section 8.3 Indemnification by Purchaser 60 Section 8.4 Certain Limitations 60 Section 8.5 Indemnification Procedures 61 Section 8.6 Payments 63 Section 8.7 Tax Treatment of Indemnification Payments 63 Section 8.8 Effect of Investigation 63 Section 8.9 Exclusive Remedies 63 Section 8.10 Independent Significance 64 Section 8.11 No Contribution 64 ARTICLE IX TERMINATION 64 Section 9.1 Termination 64 Section 9.2 Effect of Termination 65 ARTICLE X MISCELLANEOUS 65 Section 10.1 Assignment; ConsentsNo Third Party Rights 65 Section 10.2 Notices 65 Section 10.3 Choice of Law; Waiver Venue and Forum 65 Section 10.4 Entire Agreement; Amendments and Waivers 66 Section 10.5 Counterparts; Facsimile 66 Section 10.6 Expenses 67 Section 10.7 Severability 67 Section 10.8 Specific Performance 67 Section 10.9 Sellers’ Representative 67 MEMBERSHIP INTEREST PURCHASE AGREEMENT THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “Agreement”) is dated as of Notices 30 5.4 Filings 30 5.5 Publicity 31 5.6 Amendment of Schedules 31 5.7 Accounting Matters 31 5.8 Computer Data 31 5.9 Covenant to Satisfy Conditions 32 5.10 Intercompany Indebtedness 32 5.11 Transition Services Agreement 32 ARTICLE VI CONDITIONS PRECEDENT TO CONSUMMATION September 22, 2015, by and among X. X. XXXXXXXX COMPANY, a Nebraska Corporation (“Purchaser”), WILLAMETTE EGG FARMS, L.L.C., an Oregon limited liability company (the “Company”), WEF, INC., an Oregon corporation (“WEF”), and XXXXXXX X. XXXXXX, TRUSTEE OF THE CLOSING; CLOSING 32XXXXXXX XXXXXX LIVING TRUST U/A/D 4/19/12 (together, the “Sellers”), XXXXXX X. XXXXXXXXXX, TRUSTEE OF THE XXXXXX X. XXXXXXXXXX REVOCABLE LIVING TRUST U/A/D APRIL 22, 1991, AS AMENDED, XXXXXX X. XXXXXXXXXX, TRUSTEE OF THE XXXXXX X. XXXXXXXXXX IRREVOCABLE TRUST X/X/X XXXX 00, 0000, XXXXXX X. XXXXXX, an individual, XXXXXX X. XXXXXX, TRUSTEE OF THE XXXXXX X. XXXXXX IRREVOCABLE TRUST X/X/X XXXX 00, 0000, XXXXX X. XXXXXX, TRUSTEE OF THE IRREVOCABLE TRUST FOR XXXXX X. XXXXXX U/A/D 12/31/2012 and XXX X. XXXXXXXXXX, TRUSTEE OF THE IRREVOCABLE TRUST FOR XXX X. XXXXXXXXXX U/A/D 12/31/2012 (together, the “Owners”), and XXXXXX X. XXXXXX, as representative of the Sellers (the “Sellers’ Representative”). Certain capitalized terms used in this Agreement are defined in Section 1.1.