PURCHASE AGREEMENTPurchase Agreement • April 15th, 2014 • Aaron's Inc • Services-equipment rental & leasing, nec • Delaware
THIS PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of April 14, 2014 by and among Aaron’s, Inc., a Georgia corporation (“Parent”), SP GE VIII-B Progressive Blocker Corp., a Delaware corporation (“GE VIII-B Blocker”), SP SD IV-B Progressive Blocker Corp., a Delaware corporation (“SD IV-B Blocker,” and collectively with GE VIII-B Blocker, the “Blocker Entities”), Summit Partners Growth Equity Fund VIII-B, L.P., a Delaware limited partnership (“GE VIII-B”) and Summit Partners Subordinated Debt Fund IV-B, L.P., a Delaware limited partnership (“SD IV-B,” and collectively with GE VIII-B, the “Blocker Owners” and each a “Blocker Owner”). Capitalized terms used herein but not otherwise defined shall have the meanings ascribed to them under that certain Agreement and Plan of Merger, dated as of the date hereof (the “Merger Agreement”), by and among Parent, Virtual Acquisition Company, LLC, a Delaware limited liability, Progressive Finance Holdings, LLC, a Delaware limited li
