SALE AND PURCHASE AGREEMENTdated December 8, 2013betweenMatrix North American Construction, Inc. and Matrix Canadian Holdings, Inc. as Buyers, Matrix Service Company as a Buyer Party, Kvaerner North American Construction Inc.andKværner ASas...Sale and Purchase Agreement • December 27th, 2013 • Matrix Service Co • Construction - special trade contractors • Washington
THIS SALE AND PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of December 8, 2013 by and among MATRIX NORTH AMERICAN CONSTRUCTION, INC., a Delaware corporation (“US Buyer”), MATRIX CANADIAN HOLDINGS, INC., a corporation incorporated under the laws of New Brunswick, Canada (“Canadian Buyer” and, together with US Buyer each a “Buyer” and, collectively, “Buyers”), MATRIX SERVICE COMPANY, a Delaware corporation (“Matrix”, and together with Buyers, the “Buyer Parties”), KVAERNER NORTH AMERICAN CONSTRUCTION INC., a Delaware corporation (“KNAC INC”), KVÆRNER AS, a company organized under the laws of Norway (“KAS” and, together with KNAC INC each a “Seller” and, collectively, “Sellers”), and KVÆRNER ASA, a company organized under the laws of Norway (the “Sellers’ Guarantor”). Buyers, Matrix, Sellers and Sellers’ Guarantor are sometimes collectively referred to herein as the “Parties” and individually referred to herein as a “Party”.
