Common use of Transaction Fees and Expenses Clause in Contracts

Transaction Fees and Expenses. 43 ----------------------------- Notices .............................................................................................43 ------- Amendment ...........................................................................................44 --------- Waiver ..............................................................................................44 ------ Governing Law .......................................................................................44 ------------- Jurisdiction ........................................................................................44 ------------ Remedies ............................................................................................44 -------- Severability ........................................................................................45 ------------ Further Assurances ..................................................................................45 ------------------ Assignment ..........................................................................................45 ---------- Binding Effect ......................................................................................45 -------------- No Third Party Beneficiaries ........................................................................45 ---------------------------- Entire Agreement ....................................................................................45 ---------------- Headings ............................................................................................46 -------- Counterparts ........................................................................................46 ------------ Bulk Sales Law ......................................................................................47 -------------- SIGNATURES..............................................................................................47 Schedules --------- Schedule 1.1 Certain Liens Schedule 1.2(a) Excluded Assets Schedule 3.5 Allocation of Purchase Price Schedule 5.2 Capitalization; Liens Schedule 5.4 Violations, Consents and Approvals Schedule 5.5 Financial Statements Schedule 5.8(a) Litigation Schedule 5.8(b) Violations of Law Schedule 5.9(a) Employee Benefit Plans Schedule 5.9(b) Employee Benefit Plans subject to Title IV of ERISA Schedule 5.10(b) Leases Schedule 5.11(a) Intellectual Property; Rights of Ownership Schedule 5.11(b) Licenses, etc. Rights of Ownership Schedule 5.12(a) Liens Schedule 5.12(b) Fixed Assets Ledger Schedule 5.12(c) Capital Budget Schedule 5.13 Material Contracts; Defaults or Events of Default Schedule 5.14(a) Taxes Schedule 5.16 Environmental Matters Schedule 5.19 Inventories Schedule 5.20 Service and Product Liability Claims Schedule 5.21 Warranties and Returns Policies; Product Failures or Defects Schedule 5.23 Insurance Policies Schedule 5.25 Sales; Sales to Customers; Suppliers and Distributors Schedule 5.27 Directors, Officers, Certain Employees Schedule 7.1 Conduct of Business Schedule 7.6 No Solicitation Schedule 7.12(a) Employees Schedule 7.12(h) Certain Group Health Plans Schedule 7.16 Employees to Receive Stock Options Exhibits -------- Exhibit 1.4 Form of Deposit Escrow Agreement Exhibit 3.1A Form of Settlement Escrow Agreement Exhibit 3.1B Form of Certificate of Designation Exhibit 7.12(g) Form of Profit Sharing Plan Assumption Agreement Exhibit 7.15A Form of Xxxx Xxxxx Employment Agreement Exhibit 7.15B Form of Xxxxx Xxxxx Employment Agreement Exhibit 7.15C Form of Xxx Xxxxxxx Employment Agreement Exhibit 7.17A Form of Stockholder Agreement Exhibit 7.17B Form of Registration Rights Agreement Exhibit 7.21(a) Form of New Leases Exhibit 8.1(h) Form of Opinion of Counsel for the Seller and the Shareholders Exhibit 8.2(f) Form of Opinion of Counsel for the Buyer Exhibit 8.2(h) Form of Xxxx of Sale, Assignment and Assumption Agreement ASSET CONTRIBUTION AND EXCHANGE AGREEMENT Dated as of January 25, 1999 ---------------------------- The parties to this Asset Contribution and Exchange Agreement (this "Agreement") are Kelco Acquisition LLC, a Delaware limited liability company (the "Buyer") whose sole member is MedSource Technologies, Inc., a Delaware corporation ("MedSource"), Kelco Industries, Inc., a Minnesota corporation (the "Seller"), and Xxxx X. Xxxxx, individually and as trustee of the Xxxx X. Xxxxx 1997 Annuity Trust, and Xxxxx X. Xxxxx, an individual, who own certain of the outstanding capital stock of the Seller (the "Shareholders").

Transaction Fees and Expenses. 43 55 ----------------------------- Notices .............................................................................................43 Notices..................................................................................56 ------- Amendment ...........................................................................................44 Amendment................................................................................57 --------- Waiver ..............................................................................................44 57 ------ Governing Law .......................................................................................44 Law............................................................................57 ------------- Jurisdiction ........................................................................................44 Jurisdiction.............................................................................57 ------------ Remedies ............................................................................................44 Remedies.................................................................................57 -------- Severability ........................................................................................45 Severability.............................................................................58 ------------ Further Assurances ..................................................................................45 Assurances.......................................................................58 ------------------ Assignment ..........................................................................................45 Assignment...............................................................................58 ---------- Binding Effect ......................................................................................45 Effect...........................................................................58 -------------- No Third Party Beneficiaries ........................................................................45 Beneficiaries.............................................................58 ---------------------------- Entire Agreement ....................................................................................45 Agreement.........................................................................58 ---------------- Headings ............................................................................................46 Headings.................................................................................59 -------- Counterparts ........................................................................................46 Counterparts.............................................................................59 ------------ Bulk Sales Law ......................................................................................47 Law...........................................................................60 -------------- SIGNATURES..............................................................................................47 -iii- Schedules --------- Schedule 1.1 Certain Liens 1.3 Necessary and Requested Consents Schedule 1.2(a) Excluded Assets Schedule 3.5 3.3 Allocation of Purchase Price Consideration Schedule 5.2 Capitalization; Liens Selling Shareholders Schedule 5.4 Violations, 5.4(b) Governmental Consents and Approvals Schedule 5.4(c) Non-Governmental Consents and Approvals Schedule 5.5 Financial Statements Schedule 5.8(a5.6 Material Adverse Changes Schedule 5.6(iii) Billing; Payment Schedule 5.8 Litigation Schedule 5.8(b) Violations of Law Schedule 5.9(a) Employee Benefit Plans Schedule 5.9(b5.10(a)(i) Employee Benefit Plans subject to Title IV of ERISA Transferor Owned Real Property Schedule 5.10(a)(ii) Adverse Real Property Claims Schedule 5.10(b) Leases Transferor Leased Real Property Schedule 5.10(c) Real Property Related Contracts Schedule 5.10(g) Real Property Defects Schedule 5.10(h) Real Property Proceedings Schedule 5.11(a) Intellectual Property; Rights of Ownership Schedule 5.11(b) Licenses, etc. Rights of Ownership Schedule 5.12(a) Liens Schedule 5.12(a)-I Permitted Owned Real Property Encumbrances Schedule 5.12(b) Fixed Assets Ledger Schedule 5.12(c) Capital Budget Schedule 5.13 5.13(a) Material Contracts; Contracts Schedule 5.13(b) Defaults or Events of Default Schedule 5.13(c) Contracts of More than $25,000 Per Year Schedule 5.14(a) Subchapter S elections Schedule 5.14(b) Taxes Schedule 5.16 Environmental Matters Schedule 5.17 Brokers Schedule 5.19 Inventories Schedule 5.20 Service and Product Liability Claims Schedule 5.21 Warranties and Returns Policies; Product Failures or Defects Schedule 5.22 Assets Utilized in the Business Schedule 5.23 Insurance Policies Schedule 5.25 Sales; Sales to Customers; Suppliers and Distributors 5.27 Bank Accounts Schedule 5.27 5.28 Directors, Officers, Certain Employees Schedule 7.1 Conduct of Business 7.1(iii) Amounts Due to Affiliates Schedule 7.6 No Solicitation Schedule 7.12(a) Employees Schedule 7.12(h) Certain Group Health Plans Schedule 7.16 Employees to Receive Stock Options 7.13 Releases -iv- Exhibits -------- Exhibit 1.4 Form of Deposit Escrow Agreement Exhibit 3.1A Form of Settlement Escrow Agreement Exhibit 3.1B Form of Certificate of Designation Exhibit 7.12(g) Form of Profit Sharing Plan Assumption Agreement Exhibit 7.15A Form of Xxxx Xxxxx X. Xxxxxx Employment Agreement Exhibit 7.15B 7.16A Form of Xxxxx Xxxxx Employment Stockholders Agreement Exhibit 7.15C Form of Xxx Xxxxxxx Employment Agreement Exhibit 7.17A Form of Stockholder Agreement Exhibit 7.17B 7.16B Form of Registration Rights Agreement Exhibit 7.21(a) 7.20A Form of New Leases Deed Exhibit 8.1(h) 8.1A Form of Opinion of Counsel for the Seller Transferor and the Shareholders Exhibit 8.2(f) Form of Opinion of Counsel for the Buyer Exhibit 8.2(h) 8.1B Form of Xxxx of Sale, Assignment and Assumption Agreement Exhibit 8.2A Form of Opinion of Counsel for the Transferee ASSET CONTRIBUTION AND EXCHANGE AGREEMENT Dated as of January 25March 24, 1999 ---------------------------- -------------------- The parties to this Asset Contribution and Exchange Agreement (this "Agreement") agreement are Kelco Portlyn Acquisition LLC, a Delaware limited liability company (the "BuyerTransferee") whose sole member is ), MedSource Technologies, Inc., a Delaware corporation ("MedSource"), Kelco Industries, Inc.Portlyn Corporation, a Minnesota New Hampshire corporation (the "SellerTransferor"), and Xxxx X. Xxxxx, individually and as trustee of the Xxxx X. Xxxxx 1997 Annuity Trust, and Xxxxx X. XxxxxXxxxxx, an individualXxxxxx X. Xxxxxx, Xxxxxx X. Xxxxxx Amended and Restated Revocable Trust u/i/d 9/7/95, Xxxxxx Family 1997 Irrevocable Trust u/i/d 7/8/97 and Xxxxxxx X. Xxxxxx Amended and Restated Revocable Trust u/i/d 9/7/95, who collectively own certain all of the outstanding capital stock of the Seller Transferor (the "Shareholders").. MedSource, Delaware corporation, is entering into this agreement in connection with and as part of a single, integrated agreement with the Transferor and others whereby MedSource is, or will be, concurrent or substantially concurrent with the closing hereunder, acquiring the assets of the Transferor for cash and preferred stock, acquiring assets from others for cash and stock and raising capital by issuing stock in a transaction that is intended to qualify as transfers to a controlled corporation under section 351 of the Internal Revenue Code of 1986 (the "Code"). The Transferor is in the business of designing, manufacturing and assembling minimally invasive surgical medical devices and components for use on humans (the "Business"). The Transferee desires to acquire from the Transferor, and the Transferor desires to contribute to the Transferee, all of the Transferor's assets and properties, including the Business, in consideration for the payment of cash and preferred stock and the assumption of the liabilities specified below, on the terms and subject to the conditions set forth herein. It is therefore agreed as follows:

Transaction Fees and Expenses. 43 ----------------------------- Notices ............................................................................................................................................................................43 ------- Amendment ........................................................................................................................................................................44 --------- Waiver ..............................................................................................................................................................................44 ------ Governing Law ................................................................................................................................................................44 ------------- Jurisdiction ..................................................................................................................................................................44 ------------ Remedies ..........................................................................................................................................................................44 -------- Severability ........................................................................................45 ..........................................................................44 ------------ Further Assurances ......................................................................................................................................................45 ------------------ Assignment ......................................................................................................................................................................45 ---------- Binding Effect ..............................................................................................................................................................45 -------------- No Third Party Beneficiaries ..................................................................................................................................45 ---------------------------- Entire Agreement ..........................................................................................................................................................45 ---------------- Headings ............................................................................................46 ..............................................................................45 -------- Counterparts ........................................................................................46 ..........................................................................45 ------------ Bulk Sales Law ......................................................................................47 -------------- SIGNATURES..............................................................................................47 -iii- Schedules --------- Schedule 1.1 Certain Liens Contribution and Exchange of Shares Schedule 1.2(a3.4(b) Excluded Assets Schedule 3.5 Allocation of Purchase Price Schedule 5.2 Capitalization; Liens Schedule 5.4 Violations, Consents and Approvals Schedule 5.5 3.4(d) Certain Licenses Schedule 3.5(a) Financial Statements Schedule 5.8(a3.5(b) Litigation Financial Statements Schedule 5.8(b3.6 Material Adverse Changes Schedule 3.8(a) Violations of Law Litigation, etc. Schedule 5.9(a3.9(a) Employee Benefit Plans Schedule 5.9(b3.10(a) Employee Benefit Plans subject to Title IV of ERISA Real Estate Purchase Terms Schedule 5.10(b3.10(b) Leases Schedule 5.11(a3.10(c) Lender Interests Schedule 3.10(e) Renovation Schedule 3.11(a) Intellectual Property; Rights of Ownership Property Schedule 5.11(b3.11(b) Licenses, etc. Rights of Ownership Licenses Schedule 5.12(a3.12(a) Liens Title to Tangible Personal Property Schedule 5.12(b3.12(b) Fixed Assets Ledger Tangible Personal Property Schedule 5.12(c3.12(c) Capital Budget Schedule 5.13 3.13 Material Contracts; Defaults or Events of Default Contracts Schedule 5.14(a3.14(a) Taxes Schedule 5.16 3.14(a)(v) Tax Audits Schedule 3.14(b) Tax Returns Schedule 3.14(c) Jurisdictions Schedule 3.15 Affiliated Party Transactions Schedule 3.16 Environmental Matters Schedule 5.19 Inventories 3.17 Brokers Schedule 5.20 Service and 3.20 Product Liability Claims Schedule 5.21 3.21 Warranties and Returns Policies; Product Failures or Defects Schedule 5.23 3.23 Insurance Policies Schedule 5.25 Sales; Sales to 3.25 Customers; Suppliers and Distributors Schedule 5.27 3.27 Bank Accounts Schedule 3.28 Directors, Officers, Certain Employees Schedule 7.1 Conduct of Business 5.1(b) Stock Issuances Schedule 7.6 No Solicitation 5.1(c) Payments to Officers Schedule 7.12(a5.1(m) Capital Expenditures Schedule 5.1(n) Amendments, Waivers, etc. Schedule 5.12 Key Employees Schedule 7.12(h) Certain Group Health 5.18 Persons to Sign SNDA Agreements Schedule 5.20 Executive Deferred Compensation Plans Schedule 7.16 Employees to Receive Stock Options 5.21 Confidential Information Letter Agreement Schedule 6.2(j) Platform Companies Exhibits -------- Exhibit 1.4 Form of Deposit Escrow Agreement Exhibit 3.1A Form of Settlement Escrow Agreement Exhibit 3.1B Form of Certificate of Designation Exhibit 7.12(g) Form of Profit Sharing Plan Assumption Agreement Exhibit 7.15A Form of Xxxx Xxxxx Employment Agreement Exhibit 7.15B Form of Xxxxx Xxxxx Employment Agreement Exhibit 7.15C Form of Xxx Xxxxxxx Employment Agreement Exhibit 7.17A Form of Stockholder Agreement Exhibit 7.17B Form of Registration Rights Agreement Exhibit 7.21(a) Form of New Leases Exhibit 8.1(h) Form of Opinion of Counsel for the Seller and the Shareholders Exhibit 8.2(f) Form of Opinion of Counsel for the Buyer Exhibit 8.2(h) Form of Xxxx of Sale, Assignment and Assumption Agreement ASSET CONTRIBUTION AND EXCHANGE AGREEMENT Dated as of January 25, 1999 ---------------------------- The parties to this Asset Contribution and Exchange Agreement (this "Agreement") are Kelco Acquisition LLC, a Delaware limited liability company (the "Buyer") whose sole member is MedSource Technologies, Inc., a Delaware corporation ("MedSource"), Kelco Industries, Inc., a Minnesota corporation (the "Seller"), and Xxxx X. Xxxxx, individually and as trustee of the Xxxx X. Xxxxx 1997 Annuity Trust, and Xxxxx X. Xxxxx, an individual, who own certain of the outstanding capital stock of the Seller (the "Shareholders").--------

Transaction Fees and Expenses. 43 51 ----------------------------- Notices .............................................................................................43 ..................................................................51 ------- Amendment ...........................................................................................44 ................................................................52 --------- Waiver ..............................................................................................44 ...................................................................52 ------ Governing Law .......................................................................................44 ............................................................52 ------------- Jurisdiction ........................................................................................44 .............................................................52 ------------ Remedies ............................................................................................44 .................................................................53 -------- Severability ........................................................................................45 .............................................................53 ------------ Further Assurances ..................................................................................45 .......................................................53 ------------------ Assignment ..........................................................................................45 ...............................................................53 ---------- Binding Effect ......................................................................................45 ...........................................................53 -------------- No Third Party Beneficiaries ........................................................................45 .............................................53 ---------------------------- Entire Agreement ....................................................................................45 .........................................................53 ---------------- Headings ............................................................................................46 .................................................................54 -------- Counterparts ........................................................................................46 .............................................................54 ------------ Bulk Sales Law ......................................................................................47 ...........................................................54 -------------- SIGNATURES..............................................................................................47 ...................................................................55 Schedules --------- ---------- Schedule 1.1 Certain Liens A Addresses for the Transferor and the Shareholders Schedule 1.2(a) Excluded Assets Schedule 3.5 3.4 Asset Allocation of Purchase Price Schedule 5.2 Capitalization; Liens Options, Warrants Etc. Schedule 5.4 Violations, 5.4(b) Governmental Consents and Approvals Schedule 5.4(c) Non-Governmental Consents and Approvals Schedule 5.4(d) Certain Licenses Schedule 5.5 Financial Statements Schedule 5.8(a) Litigation 5.6 Material Adverse Change Schedule 5.8(b) Violations of Law 5.8 Litigation; Compliance with Laws; Licenses Schedule 5.9(a) Employee Benefit Plans Schedule 5.9(b) Employee Benefit Plans subject to Title IV of ERISA Schedule 5.10(b) Leases Leases; Site Issues Schedule 5.11(a) Intellectual Property; Rights of Ownership Schedule 5.11(b) Licenses, etc. Rights of Ownership Schedule 5.12(a) Liens Schedule 5.12(b) Fixed Assets Ledger Schedule 5.12(c) Capital Budget Schedule 5.13 5.13(a) Material Contracts; Contracts Schedule 5.13(b) Defaults or Events of Default Schedule 5.13(c) Other Contracts Schedule 5.14(a) Taxes Subchapter S elections Schedule 5.14(b) Tax Proceedings Schedule 5.16 Environmental Matters Schedule 5.19 Inventories Schedule 5.20 Service and Product Liability Claims Schedule 5.21 Warranties and Returns Policies; Product Failures or Defects Schedule 5.22 Assets Utilized in the Business Schedule 5.23 Insurance Policies Schedule 5.25 Sales; Sales to Customers; Suppliers and Distributors Schedule 5.27 Bank Accounts Schedule 5.28 Directors, Officers, Certain Employees Schedule 7.1 Conduct 5.29 Year 2000 Schedule 6.2(a) MedSource Stockholders Schedule 7.4(b) Request for Waiver of Business Corporate Tax Lien Schedule 7.6 No Solicitation Schedule 7.12(a7.13(a) Employees Schedule 7.12(h) Certain Group Health Plans Schedule 7.16 Employees to Receive Stock Options Exhibits -------- Exhibit 1.4 Form of Deposit Escrow Agreement Exhibit 3.1A Form of Settlement Escrow Agreement Exhibit 3.1B Form of Certificate of Designation Exhibit 7.12(g7.13(g) Form of Profit Sharing Plan Assumption Agreement Exhibit 7.15A 7.16 Form of Xxxx Xxxxx Employment Agreement Exhibit 7.15B Form of Xxxxx Xxxxx Employment Agreement Exhibit 7.15C Form of Xxx Xxxxxxx Xxxxxx Xxxxxxxx Employment Agreement Exhibit 7.17A Form of Stockholder Stockholders Agreement Exhibit 7.17B Form of Registration Rights Agreement Exhibit 7.21(a) Form of New Leases Lease Assignment Exhibit 8.1(h7.21(c) Form of Opinion of Counsel for the Seller and the Shareholders Landlord-Lender Agreement Exhibit 8.2(f) Form of Opinion of Counsel for the Buyer Exhibit 8.2(h8.1(l) Form of Xxxx of Sale, Assignment and Assumption Agreement ASSET CONTRIBUTION AND EXCHANGE AGREEMENT Dated as of January 25March 24, 1999 ---------------------------- -------------------------- The parties to this Asset Contribution and Exchange Agreement (this "Agreement") are Kelco Acquisition LLC, a Delaware limited liability company (the "Buyer") whose sole member is MedSource Technologies, Inc., a Delaware corporation ("MedSource"), Kelco IndustriesThe MicroSpring Company, LLC, a Delaware limited liability company (the "Transferee"), The MicroSpring Co., Inc., a Minnesota Massachusetts corporation (the "SellerTransferor"), and Xxxxxx Xxxxx, Xxxxxxx X. Xxxxxxx, Xxxx X. Xxxxxx, Xxxxx X. Xxxxxx, Xxxxx X. Xxxxxxx, Xxxxxxxxx Xxxxxxxx, Xxxx Xxxxxxxx, Xxxxx Xxxxxxx, Xxxxxx X. Xxxxxx, Xxxxxx X. Xxxxxxx, Xxxxxx Xxxxxx, Xxxxxx X. Xxxxxxxx, Xxxxxxxx X. Xxxxx, individually and as trustee of the Xxxx Xxxxxxxx X. Xxxxx 1997 Annuity TrustXxx Xxxxxxx, and Xxxxxxx X. XxXxxxxxx, Xxxxx X. XxxxxXxx, an individualXxxxxxx Xxxxxxxx and In Sup Xxxx, M.D., who will collectively own certain all of the outstanding capital stock of the Seller Transferor on the Closing Date (collectively, the "Shareholders").