STOCK PURCHASE AGREEMENTStock Purchase Agreement • May 18th, 2015 • Andersons, Inc. • Wholesale-farm product raw materials • Iowa
THIS STOCK PURCHASE AGREEMENT (this “Agreement”) is made as of May 16, 2015, by and among The Andersons, Inc., an Ohio corporation (“Buyer”), and each shareholder (each a “Seller” and collectively “Sellers”) of Kay Flo Industries, Inc., an Iowa corporation (the “Company”). This Agreement is joined in by Raun D. Lohry in his capacity as Sellers’ Representative (as defined in Section 4.11(a)) and, solely for purposes of Sections 4.10(b) and 9.13, by the Company and each Acquired Subsidiary (as defined herein). Buyer and Sellers (or any Seller) are sometimes individually referred to in this Agreement as a “Party” and collectively as the “Parties.” Each capitalized term used in this Agreement and not otherwise defined has the meaning set forth in Article 8.
