STOCK PURCHASE AGREEMENT by and among MASTEC NORTH AMERICA, INC., MASTEC, INC., WANZEK CONSTRUCTION, INC., THE SHAREHOLDERS OF WANZEK CONSTRUCTION, INC. AND THE SELLERS’ REPRESENTATIVE Dated as of October 4, 2008Stock Purchase Agreement • October 6th, 2008 • Mastec Inc • Water, sewer, pipeline, comm & power line construction • Florida
This Stock Purchase Agreement (“Agreement”) is made as of October 4, 2008 (the “Effective Date”), by and among MasTec North America, Inc., a Florida corporation (“Buyer”), MasTec, Inc., a Florida corporation, solely in its capacity as guarantor pursuant to and as limited by Section 12.17 hereof (the “Guarantor”), Wanzek Construction, Inc., a North Dakota corporation (the “Company”), Trust B under the Amended and Restated Living Trust of Leo Wanzek dated February 2, 2000, a North Dakota trust (“QTIP”), Janet L. Wanzek, a North Dakota resident (“Janet”), Wanzek Construction 2008 Irrevocable Trust, a North Dakota trust (“IDIT”), Jon L. Wanzek, a North Dakota resident (“Jon”) and Jon L. Wanzek 2008 Two-Year Irrevocable Annuity Trust, a North Dakota trust (“GRAT”) (QTIP, Janet, IDIT, Jon and GRAT taken together are the “Sellers”), and Jon, as Sellers’ Representative (the “Sellers’ Representative”). Each of the Buyer, Guarantor, Company, Sellers, and Sellers’ Representative is a “Party” and
