0000950123-11-086403 Sample Contracts

SALE AND PURCHASE AGREEMENT by and between PNM RESOURCES, INC. and CASCADE INVESTMENT, L.L.C. Dated as of September 23, 2011
Sale and Purchase Agreement • September 23rd, 2011 • PNM Resources Inc • Electric services • New York

This SALE AND PURCHASE AGREEMENT (this “Agreement”), dated as of this 23rd day of September, 2011, is made and entered into by and between PNM Resources, Inc., a New Mexico corporation (“Buyer”), and Cascade Investment, L.L.C., a Washington limited liability company (“Seller”). Buyer and Seller are sometimes individually referred to herein as a “Party” and collectively as the “Parties.”

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STOCK PURCHASE AGREEMENT By and Among PNM RESOURCES, INC. TNP ENTERPRISES, INC. and DIRECT LP, INC. Dated as of September 23, 2011
Stock Purchase Agreement • September 23rd, 2011 • PNM Resources Inc • Electric services • Delaware

THIS STOCK PURCHASE AGREEMENT (this “Agreement”), dated as of September 23, 2011, by and among PNM RESOURCES, INC., a New Mexico corporation (the “Parent”), TNP ENTERPRISES, INC., a Texas corporation (the “Seller”), and DIRECT LP, INC., a Delaware corporation (the “Purchaser”).

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