TRANSACTION AGREEMENT BY AND AMONG SOLUTIA INC., NYCO LLC, SK CAPITAL PARTNERS II, L.P. AND SK TITAN HOLDINGS LLC MARCH 31, 2009Transaction Agreement • April 1st, 2009 • Solutia Inc • Chemicals & allied products • New York
This TRANSACTION AGREEMENT (this “Agreement”) is entered into as of March 31, 2009 by and among Solutia Inc., a corporation formed under the laws of the State of Delaware (“Solutia” or “Seller” and together with the Other Sellers (as defined below), “Sellers”), NyCo LLC, a limited liability company formed under the laws of the State of Delaware and a direct, wholly-owned subsidiary of Solutia (“Newco”), SK Capital Partners II, L.P., a limited partnership formed under the laws of Delaware (“SK”), and SK Titan Holdings LLC, a limited liability company formed under the laws of the State of Delaware and a direct, wholly-owned subsidiary of SK (“Buyer”). Seller, Newco, SK and Buyer are referred to collectively herein as the “Parties”.
