STOCK PURCHASE AGREEMENT DATED AS OF JANUARY 19, 2006 BY AND AMONG COMSTOCK HOMEBUILDING COMPANIES, INC. PARKER-CHANDLER HOMES, INC., AND EACH OF THE SELLING SHAREHOLDERS IDENTIFIED HEREINStock Purchase Agreement • March 16th, 2006 • Comstock Homebuilding Companies, Inc. • Operative builders • Virginia
This STOCK PURCHASE AGREEMENT (this “Agreement”) is made as of January 19, 2006, by and among COMSTOCK HOMEBUILDING COMPANIES, INC., a Delaware corporation (“Purchaser”), PARKER-CHANDLER HOMES, INC., a Georgia corporation (the “Company”), and each of the following individuals who are all of the shareholders of the Company on the date hereof, owning in the aggregate 1,429 shares (the “Shares”) of the Company’s common stock, par value $1.00 per share (the “Common Stock”), which Shares constitute all of the issued and outstanding capital stock of the Company: JAMES B. PARKER, JR., ANDREW H. CHANDLER, JR., SUNDERRAJ M. KAMALESON, ROBERT A. FORSTER, RICHARD DOBKIN, EUGENE E. PEARSON, JOHN D. PEARSON, DONALD SCHROELUCKE and JAMES SHIRAH (each a “Seller” and collectively, the “Sellers”).
LOAN AGREEMENTLoan Agreement • March 16th, 2006 • Comstock Homebuilding Companies, Inc. • Operative builders • Virginia
THIS LOAN AGREEMENT (this “Agreement”) is made as of this 31st day of January, 2006 by and between (i) COMSTOCK CARTER LAKE, L.C., a Virginia limited liability company (“Borrower”) and (ii) BANK OF AMERICA, N.A., a national banking association (the “Lender”).
GUARANTY AGREEMENTGuaranty Agreement • March 16th, 2006 • Comstock Homebuilding Companies, Inc. • Operative builders
THIS GUARANTY AGREEMENT (this “Guaranty”) is made as of the 31st day of January, 2006, by COMSTOCK HOMEBUILDING COMPANIES, INC., a Delaware corporation (the “ Guarantor”) in favor of BANK OF AMERICA, N.A., a national banking association (the “Lender”), and its successors and assigns.
