STOCK PURCHASE AGREEMENT by and among THE STOCKHOLDERS NAMED HEREIN, MEGATRAN INDUSTRIES, INC., AMERICAN SUPERCONDUCTOR CORPORATION, and THE STOCKHOLDER REPRESENTATIVE NAMED HEREIN Dated as of August 1, 2024Stock Purchase Agreement • August 5th, 2024 • American Superconductor Corp /De/ • Motors & generators • Delaware
THIS STOCK PURCHASE AGREEMENT (this “Agreement”), dated as of August 1, 2024, is entered into by and among American Superconductor Corporation, a Delaware corporation (the “Buyer”), each of the sellers listed on the signature pages hereto (each, a “Stockholder” and collectively, the “Stockholders”), Megatran Industries, Inc., a New Jersey corporation (the “Company”) and James David Seitz, an individual, solely in his capacity as the Stockholder Representative (as defined in Section 8.15). The Buyer, the Company and the Stockholders are, from time to time, referred to individually herein as a “Party,” and collectively as the “Parties.”
