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 ..........................................................................44 ------------ Further Assurances ....................................................................45 ------------------ Assignment ............................................................................45 ---------- Binding Effect ........................................................................45 -------------- No Third Party Beneficiaries ..........................................................45 ---------------------------- Entire Agreement ......................................................................45 ---------------- Headings ..............................................................................45 -------- Counterparts ..........................................................................45 ------------ -iii- Schedules --------- Schedule 1.1 Contribution and Exchange of Shares Schedule 3.4(b) Consents and Approvals Schedule 3.4(d) Certain Licenses Schedule 3.5(a) Financial Statements Schedule 3.5(b) Financial Statements Schedule 3.6 Material Adverse Changes Schedule 3.8(a) Litigation, etc. Schedule 3.9(a) Employee Benefit Plans Schedule 3.10(a) Real Estate Purchase Terms Schedule 3.10(b) Leases Schedule 3.10(c) Lender Interests Schedule 3.10(e) Renovation Schedule 3.11(a) Intellectual Property Schedule 3.11(b) Licenses Schedule 3.12(a) Title to Tangible Personal Property Schedule 3.12(b) Tangible Personal Property Schedule 3.12(c) Capital Budget Schedule 3.13 Material Contracts Schedule 3.14(a) Taxes Schedule 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 3.17 Brokers Schedule 3.20 Product Liability Schedule 3.21 Warranties and Returns Schedule 3.23 Insurance Schedule 3.25 Customers; Suppliers and Distributors Schedule 3.27 Bank Accounts Schedule 3.28 Directors, Officers, Certain Employees Schedule 5.1(b) Stock Issuances Schedule 5.1(c) Payments to Officers Schedule 5.1(m) Capital Expenditures Schedule 5.1(n) Amendments, Waivers, etc. Schedule 5.12 Key Employees Schedule 5.18 Persons to Sign SNDA Agreements Schedule 5.20 Executive Deferred Compensation Plans Schedule 5.21 Confidential Information Letter Agreement Schedule 6.2(j) Platform Companies Exhibits --------

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 ..........................................................................44 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 ..............................................................................45 Headings.................................................................................59 -------- Counterparts ..........................................................................45 Counterparts.............................................................................59 ------------ Bulk Sales Law...........................................................................60 -------------- -iii- Schedules --------- Schedule 1.1 Contribution 1.3 Necessary and Exchange Requested Consents Schedule 3.3 Allocation of Shares Consideration Schedule 3.4(b5.2 Selling Shareholders Schedule 5.4(b) Governmental Consents and Approvals Schedule 3.4(d5.4(c) Certain Licenses Non-Governmental Consents and Approvals Schedule 3.5(a) 5.5 Financial Statements Schedule 3.5(b) Financial Statements Schedule 3.6 5.6 Material Adverse Changes Schedule 3.8(a5.6(iii) Litigation, etc. Billing; Payment Schedule 3.9(a5.8 Litigation Schedule 5.9(a) Employee Benefit Plans Schedule 3.10(a5.10(a)(i) Transferor Owned Real Property Schedule 5.10(a)(ii) Adverse Real Property Claims Schedule 5.10(b) Transferor Leased Real Property Schedule 5.10(c) Real Estate Purchase Terms Property Related Contracts Schedule 3.10(b5.10(g) Leases Real Property Defects Schedule 3.10(c5.10(h) Lender Interests Real Property Proceedings Schedule 3.10(e) Renovation Schedule 3.11(a5.11(a) Intellectual Property; Rights of Ownership Schedule 5.12(a) Liens Schedule 5.12(a)-I Permitted Owned Real Property Encumbrances Schedule 3.11(b5.12(b) Licenses Fixed Assets Ledger Schedule 3.12(a) Title to Tangible Personal Property Schedule 3.12(b) Tangible Personal Property Schedule 3.12(c5.12(c) Capital Budget Schedule 3.13 5.13(a) Material Contracts Schedule 3.14(a5.13(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 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 5.16 Environmental Matters Schedule 3.17 5.17 Brokers Schedule 3.20 5.19 Inventories Schedule 5.20 Service and Product Liability Claims Schedule 3.21 5.21 Warranties and Returns Policies; Product Failures or Defects Schedule 3.23 5.22 Assets Utilized in the Business Schedule 5.23 Insurance Policies Schedule 3.25 Customers; Suppliers and Distributors Schedule 3.27 5.27 Bank Accounts Schedule 3.28 5.28 Directors, Officers, Certain Employees Schedule 5.1(b7.1(iii) Stock Issuances Amounts Due to Affiliates Schedule 5.1(c) Payments 7.13 Releases -iv- Exhibits -------- Exhibit 1.4 Form of Deposit Escrow Agreement Exhibit 3.1A Form of Certificate of Designation Exhibit 7.15A Form of Xxxxx X. Xxxxxx Employment Agreement Exhibit 7.16A Form of Stockholders Agreement Exhibit 7.16B Form of Registration Rights Agreement Exhibit 7.20A Form of Deed Exhibit 8.1A Form of Opinion of Counsel for the Transferor and the Shareholders Exhibit 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 March 24, 1999 -------------------- The parties to Officers Schedule 5.1(m) Capital Expenditures Schedule 5.1(n) Amendmentsthis agreement are Portlyn Acquisition LLC, Waiversa Delaware limited liability company (the "Transferee"), etcMedSource Technologies, Inc., a Delaware corporation ("MedSource"), Portlyn Corporation, a New Hampshire corporation (the "Transferor"), and Xxxxx X. Xxxxxx, Xxxxxx 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 all of the outstanding capital stock of the Transferor (the "Shareholders"). Schedule 5.12 Key Employees Schedule 5.18 Persons 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 Sign SNDA Agreements Schedule 5.20 Executive Deferred Compensation Plans Schedule 5.21 Confidential Information Letter Agreement Schedule 6.2(j) Platform Companies Exhibits --------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 51 ----------------------------- Notices ...............................................................................43 ..................................................................51 ------- Amendment .............................................................................44 ................................................................52 --------- Waiver ................................................................................44 ...................................................................52 ------ Governing Law .........................................................................44 ............................................................52 ------------- Jurisdiction ..........................................................................44 .............................................................52 ------------ Remedies ..............................................................................44 .................................................................53 -------- Severability ..........................................................................44 .............................................................53 ------------ Further Assurances ....................................................................45 .......................................................53 ------------------ Assignment ............................................................................45 ...............................................................53 ---------- Binding Effect ........................................................................45 ...........................................................53 -------------- No Third Party Beneficiaries ..........................................................45 .............................................53 ---------------------------- Entire Agreement ......................................................................45 .........................................................53 ---------------- Headings ..............................................................................45 .................................................................54 -------- Counterparts ..........................................................................45 .............................................................54 ------------ -iii- Bulk Sales Law ...........................................................54 -------------- SIGNATURES...................................................................55 Schedules --------- ---------- Schedule 1.1 Contribution A Addresses for the Transferor and Exchange of Shares the Shareholders Schedule 3.4(b3.4 Asset Allocation Schedule 5.2 Options, Warrants Etc. Schedule 5.4(b) Governmental Consents and Approvals Schedule 3.4(d5.4(c) Non-Governmental Consents and Approvals Schedule 5.4(d) Certain Licenses Schedule 3.5(a) 5.5 Financial Statements Schedule 3.5(b) Financial Statements Schedule 3.6 5.6 Material Adverse Changes Change Schedule 3.8(a) 5.8 Litigation, etc. ; Compliance with Laws; Licenses Schedule 3.9(a5.9(a) Employee Benefit Plans Schedule 3.10(a5.9(b) Real Estate Purchase Terms Employee Benefit Plans subject to Title IV of ERISA Schedule 3.10(b5.10(b) Leases Leases; Site Issues Schedule 3.10(c) Lender Interests Schedule 3.10(e) Renovation Schedule 3.11(a5.11(a) Intellectual Property Property; Rights of Ownership Schedule 3.11(b5.12(a) Licenses Liens Schedule 3.12(a5.12(b) Title to Tangible Personal Property Fixed Assets Ledger Schedule 3.12(b) Tangible Personal Property Schedule 3.12(c5.12(c) Capital Budget Schedule 3.13 5.13(a) Material Contracts Schedule 3.14(a5.13(b) Taxes Defaults Schedule 3.14(a)(v5.13(c) Other Contracts Schedule 5.14(a) Subchapter S elections Schedule 5.14(b) Tax Audits Proceedings Schedule 3.14(b) Tax Returns Schedule 3.14(c) Jurisdictions Schedule 3.15 Affiliated Party Transactions Schedule 3.16 5.16 Environmental Matters Schedule 3.17 Brokers Schedule 3.20 5.20 Service and Product Liability Claims Schedule 3.21 5.21 Warranties and Returns Policies; Product Failures or Defects Schedule 3.23 5.22 Assets Utilized in the Business Schedule 5.23 Insurance Policies Schedule 3.25 5.25 Sales; Sales to Customers; Suppliers and Distributors Schedule 3.27 5.27 Bank Accounts Schedule 3.28 5.28 Directors, Officers, Certain Employees Schedule 5.1(b5.29 Year 2000 Schedule 6.2(a) Stock Issuances MedSource Stockholders Schedule 5.1(c7.4(b) Payments Request for Waiver of Corporate Tax Lien Schedule 7.13(a) Employees Exhibits -------- Exhibit 7.13(g) Form of Plan Assumption Exhibit 7.16 Form of Xxxxxx Xxxxxxxx Employment Agreement Exhibit 7.17A Form of Stockholders Agreement Exhibit 7.17B Form of Registration Rights Agreement Exhibit 7.21(a) Form of Lease Assignment Exhibit 7.21(c) Form of Landlord-Lender Agreement Exhibit 8.1(l) Form of Xxxx of Sale, Assignment and Assumption Agreement ASSET CONTRIBUTION AND EXCHANGE AGREEMENT Dated as of March 24, 1999 -------------------------- The parties to Officers Schedule 5.1(mthis Asset Contribution and Exchange Agreement (this "Agreement") Capital Expenditures Schedule 5.1(n) Amendmentsare MedSource Technologies, WaiversInc., etc. Schedule 5.12 Key Employees Schedule 5.18 Persons to Sign SNDA Agreements Schedule 5.20 Executive Deferred Compensation Plans Schedule 5.21 Confidential Information Letter Agreement Schedule 6.2(j) Platform Companies Exhibits --------a Delaware corporation ("MedSource"), The MicroSpring Company, LLC, a Delaware limited liability company (the "Transferee"), The MicroSpring Co., Inc., a Massachusetts corporation (the "Transferor"), 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, Xxxxxxxx X. Xxx Xxxxxxx, Xxxxxxx X. XxXxxxxxx, Xxxxx X. Xxx, Xxxxxxx Xxxxxxxx and In Sup Xxxx, M.D., who will collectively own all of the outstanding capital stock of the Transferor on the Closing Date (collectively, the "Shareholders").

Transaction Fees and Expenses. 43 ----------------------------- Notices ............................................................................................................................................................................43 ------- Amendment ........................................................................................................................................................................44 --------- Waiver ..............................................................................................................................................................................44 ------ Governing Law ................................................................................................................................................................44 ------------- Jurisdiction ..................................................................................................................................................................44 ------------ Remedies ..........................................................................................................................................................................44 -------- Severability ..........................................................................44 ........................................................................................45 ------------ Further Assurances ......................................................................................................................................................45 ------------------ Assignment ......................................................................................................................................................................45 ---------- Binding Effect ..............................................................................................................................................................45 -------------- No Third Party Beneficiaries ..................................................................................................................................45 ---------------------------- Entire Agreement ..........................................................................................................................................................45 ---------------- Headings ..............................................................................45 ............................................................................................46 -------- Counterparts ..........................................................................45 ........................................................................................46 ------------ -iii- Bulk Sales Law ......................................................................................47 -------------- SIGNATURES..............................................................................................47 Schedules --------- Schedule 1.1 Contribution and Exchange Certain Liens Schedule 1.2(a) Excluded Assets Schedule 3.5 Allocation of Shares Purchase Price Schedule 3.4(b) 5.2 Capitalization; Liens Schedule 5.4 Violations, Consents and Approvals Schedule 3.4(d) Certain Licenses Schedule 3.5(a) 5.5 Financial Statements Schedule 3.5(b5.8(a) Financial Statements Litigation Schedule 3.6 Material Adverse Changes 5.8(b) Violations of Law Schedule 3.8(a) Litigation, etc. Schedule 3.9(a5.9(a) Employee Benefit Plans Schedule 3.10(a5.9(b) Real Estate Purchase Terms Employee Benefit Plans subject to Title IV of ERISA Schedule 3.10(b5.10(b) Leases Schedule 3.10(c) Lender Interests Schedule 3.10(e) Renovation Schedule 3.11(a5.11(a) Intellectual Property Property; Rights of Ownership Schedule 3.11(b5.11(b) Licenses Licenses, etc. Rights of Ownership Schedule 3.12(a5.12(a) Title to Tangible Personal Property Liens Schedule 3.12(b5.12(b) Tangible Personal Property Fixed Assets Ledger Schedule 3.12(c5.12(c) Capital Budget Schedule 3.13 5.13 Material Contracts Contracts; Defaults or Events of Default Schedule 3.14(a5.14(a) Taxes Schedule 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 5.16 Environmental Matters Schedule 3.17 Brokers 5.19 Inventories Schedule 3.20 5.20 Service and Product Liability Claims Schedule 3.21 5.21 Warranties and Returns Policies; Product Failures or Defects Schedule 3.23 5.23 Insurance Policies Schedule 3.25 5.25 Sales; Sales to Customers; Suppliers and Distributors Schedule 3.27 Bank Accounts Schedule 3.28 5.27 Directors, Officers, Certain Employees Schedule 5.1(b7.1 Conduct of Business Schedule 7.6 No Solicitation Schedule 7.12(a) Stock Issuances Schedule 5.1(c) Payments to Officers Schedule 5.1(m) Capital Expenditures Schedule 5.1(n) Amendments, Waivers, etc. Schedule 5.12 Key Employees Schedule 5.18 Persons to Sign SNDA Agreements Schedule 5.20 Executive Deferred Compensation 7.12(h) Certain Group Health Plans Schedule 5.21 Confidential Information Letter 7.16 Employees to Receive Stock Options Exhibits -------- Exhibit 1.4 Form of Deposit Escrow Agreement Schedule 6.2(jExhibit 3.1A Form of Settlement Escrow Agreement Exhibit 3.1B Form of Certificate of Designation Exhibit 7.12(g) Platform Companies Exhibits --------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").