STOCK AND ASSET PURCHASE AGREEMENT by and among KADANT INC.,KADANT NORTHERN U.S. LLCKADANT CANADA CORP.,KADANT NORTHERN UK CO. LTD.,KADANT JOHNSON EUROPE B.V.,NII FPG COMPANY,NICHOLSON INTELLECTUAL PROPERTY, INC.,CASCADE NATURAL RESOURCES,...Stock and Asset Purchase Agreement • August 9th, 2017 • Kadant Inc • Special industry machinery (no metalworking machinery) • Washington
THIS STOCK AND ASSET PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of May 24, 2017, by and among Kadant Inc., a Delaware corporation (“Kadant Parent”), Kadant Northern U.S. LLC, a Delaware limited liability company (“Kadant US”), Kadant Canada Corp., a Nova Scotia unlimited liability company (“Kadant Canada”), Kadant Northern UK Co. Ltd., a company organized under the laws of England and Wales (“Kadant UK”), Kadant Johnson Europe B.V., a Dutch private limited liability company (“Kadant Europe” and, collectively with Kadant US, Kadant Canada and Kadant UK, the “Buyers”, and each, a “Buyer”), NII FPG Company, a Washington corporation (“NII”), Nicholson Intellectual Property, Inc., a Washington corporation (“IPCo” and, collectively with NII, the “Sellers”, and each, a “Seller”), Cascade Natural Resources, Inc., a Washington corporation (“Cascade”), and Northern Industrial, Inc., a Washington corporation (“NI” and, collectively with Cascade, the “Seller Guarantors”, and
FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED CONSENTCredit Agreement and Limited Consent • August 9th, 2017 • Kadant Inc • Special industry machinery (no metalworking machinery) • New York
This FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED CONSENT (this “First Amendment”), dated as of May 24, 2017 and, made by and among KADANT INC., a Delaware corporation (the “Borrower”), the Subsidiary Guarantors parties hereto, the Foreign Subsidiary Borrowers parties hereto, the several banks and other financial institutions or entities parties hereto (the “Lenders”), CITIZENS BANK, N.A., as administrative agent (the “Administrative Agent”) and CITIZENS BANK, N.A., as multicurrency administrative agent (the “Multicurrency Administrative Agent”; together with the Administrative Agent, the “Agents”).
