PURCHASE AGREEMENTPurchase Agreement • September 23rd, 2005 • Providence Service Corp • Services-social services • Delaware
Background: Braund owns all the issued and outstanding equity interests in TF Services. The Braund Trust owns all the issued and outstanding equity interest in AC Resources. Braund is a beneficiary of the Braund Trust. TF Services and AC Resources are collectively referred to herein as the “AlphaCare Companies.” The equity interests owned by Braund in TF Services and the Braund Trust in AC Resources, respectively, are collectively referred to herein as the “Equity Interests.” Braund and the Braund Trust are collectively referred to herein as the “Seller.” Buyer desires to purchase, and Seller desires to sell, all of its Equity Interests in the AlphaCare Companies free and clear of any Encumbrances, upon the terms and conditions set forth in this Agreement (the “Transaction”). The AlphaCare Companies are engaged in the Business.
