EXPLANATORY NOTE TO THIS EXHIBITStock Purchase Agreement • April 1st, 2014 • Balchem Corp • Chemicals & allied products • Delaware
This Stock Purchase Agreement (this “Agreement”), dated as of March 31, 2014, is entered into between PERFORMANCE CHEMICALS & INGREDIENTS COMPANY (d/b/a SensoryEffects), a Delaware corporation (the “Company”), the undersigned shareholders and optionholders of the Company (“Sellers”), Balchem Corporation, a Maryland corporation (“Buyer”), and, solely for the limited purposes described herein, Highlander Partners, L.P., in its capacity as the Stockholder Representative (as hereinafter defined).
