STOCK PURCHASE AGREEMENT By and Among THE SELLERS NAMED HEREIN ARMtech, INC. ARMtech HOLDINGS, INC. ARMtech INSURANCE SERVICES, INC. AMERICAN AGRI-BUSINESS INSURANCE COMPANY and ENDURANCE U.S. HOLDINGS CORP. Dated as of September 7, 2007Stock Purchase Agreement • September 7th, 2007 • Endurance Specialty Holdings LTD • Fire, marine & casualty insurance • New York
This STOCK PURCHASE AGREEMENT, dated as of September 7, 2007, is by and among Samuel R. Scheef, Michael W. Smith, David L. Teague, Teddy D. Etheredge, Carlos E. Johnson and Carroll Leon (each a “Seller,” and collectively “Sellers”), ARMtech, Inc., a Texas corporation (“ARMtech”), ARMtech Holdings, Inc., a Delaware corporation (“ARMtech Holdings”), ARMtech Insurance Services, Inc., a Texas corporation (“ARMIS”), American Agri-Business Insurance Company, a Texas corporation (“AA-BIC”), and Endurance U.S. Holdings Corp., a Delaware corporation (“Buyer”). For purposes of this Agreement, ARMtech, ARMtech Holdings, AA-BIC and ARMIS are sometimes referred to individually as the “Company” and, collectively, the “Companies”.
