STOCK PURCHASE AGREEMENTStock Purchase Agreement • March 14th, 2012 • JBS USA Holdings, Inc. • Meat packing plants • Delaware
This AGREEMENT dated as of March 12, 2012 (this “Agreement”) is entered into among JBS USA HOLDINGS, INC., a Delaware corporation (the “Purchaser”), LONNIE A. “BO” PILGRIM (“Pilgrim”), PILGRIM INTERESTS, LTD., a Texas limited partnership (“PIL”), PFCP, LTD., a Texas limited partnership (“PFCP”), PATRICIA R. PILGRIM and LONNIE K. PILGRIM, AS TRUSTEES OF THE PILGRIM FAMILY IRREVOCABLE LIFE INSURANCE TRUST UNDER AGREEMENT DATED JUNE 16, 1987 (collectively and in such capacities, “Pilgrim Trust I Trustees”) and LONNIE A. “BO” PILGRIM and LONNIE K. PILGRIM, AS TRUSTEES OF THE PILGRIM FAMILY IRREVOCABLE LIFE INSURANCE TRUST II UNDER AGREEMENT DATED DECEMBER 23, 1987 (collectively and in such capacities, “Pilgrim Trust II Trustees” and, together with Pilgrim, PIL, PFCP and Pilgrim Trust I Trustees, the “Seller Parties”).
