PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • May 10th, 2021 • American Superconductor Corp /De/ • Motors & generators
THIS PURCHASE AND SALE AGREEMENT (hereinafter referred to as this “Agreement”) is made and entered into as of May 6, 2021 (the “Effective Date”) by and between 71 PICKETT DISTRICT ROAD, LLC, a Connecticut limited liability company (“Fee Owner”), and ANTONIO CAPANNA, SR., an individual, and FILOMENA CAPANNA, an individual, each as members of Fee Owner (together with Fee Owner, collectively referred to as “Seller”), and AMSC HUSKY LLC, a Connecticut limited liability company (hereinafter referred to as “Purchaser”). As used in this Agreement, Seller and Purchaser may each be referred to collectively as the “Parties” and individually as a “Party”. This Agreement is entered into with reference to the following:
STOCK PURCHASE AGREEMENT by and among ANTONIO CAPANNA, SR., ANTONIO CAPANNA, JR., THE ANTONIO CAPANNA 2010 SPOUSAL LIFETIME ACCESS TRUST DATED DECEMBER 28, 2010, THE OTHER SELLER PARTIES and AMERICAN SUPERCONDUCTOR CORPORATIONStock Purchase Agreement • May 10th, 2021 • American Superconductor Corp /De/ • Motors & generators • New York
THIS STOCK PURCHASE AGREEMENT (this “Agreement”), dated as of May 6, 2021, is entered into by and among (i) American Superconductor Corporation, a Delaware corporation (the “Buyer”), (ii) Antonio Capanna, Sr. (“Capanna Sr.”), (iii) Antonio Capanna, Jr. (“Capanna Jr.”), (iv) The Antonio Capanna 2010 Spousal Lifetime Access Trust Dated December 28, 2010 (the “Trust”, and together with Capanna Sr. and Capanna Jr., each a “Stockholder” and collectively, the “Stockholders”), (v) 71 Pickett District Road, LLC, a Connecticut limited liability company (the “RE Entity”), solely for purposes of Article VI and Article VIII (solely to the extent related to Article VI), (vi) Filomena Capanna (together, with each of the Stockholders and the RE Entity, the “Seller Parties”), solely for purposes of Article VI and Article VIII (solely to the extent related to Article VI) and (vii) Antonio Capanna, Jr., solely in his capacity as the Seller Representative hereunder. The Buyer, the Stockholders, the other
