Purchase PlanPurchase Plan • December 17th, 2015 • Biglari Holdings Inc. • Retail-eating places
Contract Type FiledDecember 17th, 2015 Company IndustryPurchase Plan, adopted December 17, 2015 (the “Purchase Plan”), between The Lion Fund II, L.P. (“Purchaser”) and J.P. Morgan Securities LLC (“JPMS”). The purpose of this Purchase Plan is to aid in achieving the investment objectives of the Purchaser.