STOCK PURCHASE AGREEMENT by and among ADDUS HEALTHCARE, INC., MICHAEL J. MERRELL, INDIVIDUALLY, MARY E. MERRELL, INDIVIDUALLY, MICHAEL J. MERRELL AND MARY E. MERRELL, AS TRUSTEES OF THE MERRELL REVOCABLE TRUST UTA DATED JUNE 3, 2012, AND MICHAEL J....Stock Purchase Agreement • March 5th, 2018 • Addus HomeCare Corp • Services-home health care services • Delaware
THIS STOCK PURCHASE AGREEMENT (this “Agreement”), dated as of February 27, 2018, is by and among Addus HealthCare, Inc., an Illinois corporation (“Buyer”), each of Michael J. Merrell and Mary E. Merrell, individually (individually a “Principal” and, collectively, the “Principals”), Michael J. Merrell and Mary E. Merrell, as Trustees of the Merrell Revocable Trust UTA dated June 3, 2012 (the “Merrell Trust”), and Michael J. Merrell and Mary E. Merrell, as Trustees of the Ambercare Corporation Employee Stock Ownership Plan Trust (the “ESOP Trust”) which is part of the Ambercare Corporation Employee Stock Ownership Plan (the “ESOP”) (collectively referred to as “ESOP”), and each of the Merrell Trust and the ESOP, a “Seller,” and collectively the “Sellers”, (and for the avoidance of doubt, “Seller” or “Sellers” does not include the ESOP participants), the shareholders of Ambercare Corporation, a New Mexico corporation (the “Company”). Buyer, the Company, the Principals, and the Sellers are
