INTEREST PURCHASE AGREEMENT dated as of October 29, 2016 among T & D EQUITY ACQUISITION, LLC, ONCOR MANAGEMENT INVESTMENT LLC and ONCOR ELECTRIC DELIVERY COMPANY LLCInterest Purchase Agreement • October 31st, 2016 • Oncor Electric Delivery Co LLC • Electric services • Delaware
This INTEREST PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of October 29, 2016, by and among T & D Equity Acquisition, LLC, a Delaware limited liability company (the “Purchaser”), Oncor Management Investment LLC, a Delaware limited liability company (the “Seller”), and Oncor Electric Delivery Company LLC, a Delaware limited liability company (“Oncor”). Capitalized terms used herein without definition have the respective meanings assigned to them in Article VIII.
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • October 31st, 2016 • Oncor Electric Delivery Co LLC • Electric services • Texas
This Executive Employment Agreement is entered between Oncor Electric Delivery Holdings Company LLC (“Oncor Holdings”) and Oncor Electric Delivery Company LLC (“Oncor” and, together with Oncor Holdings the “Oncor Entities”), and E. Allen Nye, Jr. (“Executive”), as of October 29, 2016. The Boards of Directors of the Oncor Entities (the “Oncor Boards”) have determined that it is in the best interests of the Oncor Entities to assure that the Oncor Entities will have the continued dedication of Executive through and following the Effective Date (as defined below). The Oncor Boards believe it is important to diminish the inevitable distraction of Executive by virtue of the personal uncertainties and risks created by the circumstances surrounding the Merger, and to encourage Executive’s full attention and dedication to the Oncor Entities prior to and following the Effective Date.
