STOCK PURCHASE AGREEMENT by and among NORCROSS SAFETY PRODUCTS L.L.C., THE FIBRE-METAL PRODUCTS COMPANY, RESIDUARY TRUST UNDER THE WILL OF CHARLES E. BOWERS, JR., TRUST UNDER THE WILL OF CHARLES E. BOWERS, JR. FOR THE BENEFIT OF JUDITH L. BOWERS, and...Stock Purchase Agreement • November 15th, 2005 • Safety Products Holdings, Inc. • Miscellaneous manufacturing industries • Pennsylvania
THIS STOCK PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of this 3rd day of October, 2005, by and among Norcross Safety Products L.L.C., a Delaware limited liability company (“Buyer”), The Fibre-Metal Products Company, a Delaware corporation (“Fibre-Metal”), Residuary Trust under the Will of Charles E. Bowers, Jr., Trust under the Will of Charles E. Bowers, Jr. for the benefit of Judith L. Bowers, and Charles E. Bowers, Jr. Irrevocable Trust dated December 17, 1990 (each of whom is a stockholder of the Company and is referred to herein individually as a “Stockholder” and collectively as the “Stockholders”), and Charles J. Grandi (“Grandi”) who is an executive officer of Fibre-Metal who has a contractual right to receive a portion of the proceeds of the transactions contemplated hereby.
