Common Contracts
1 similar Purchase and Sale Agreement contracts
ORDERPurchase and Sale Agreement • December 29th, 2010
On February 15, 2010, Security Benefit Mutual Holding Company ("SBMHC") and its direct wholly owned subsidiary, Security Benefit Corporation ("SBC"), entered into a Purchase and Sale Agreement (the "Agreement") with Guggenheim SBC Holdings LLC ("Guggenheim") for a demutualization and dissolution whereby Guggenheim would purchase all of the shares of capital stock of SBC (the "Acquisition of Control") as part of the demutualization, and prior to the dissolution, of SBMHC to be effected pursuant to the Plan (as defined below) (the "Demutualization and Dissolution"). Collectively, the Acquisition of Control and Demutualization and Dissolution are referred to herein as the "Transaction".
