STOCK PURCHASE AGREEMENTStock Purchase Agreement • November 10th, 2009 • Armour Residential REIT, Inc. • Real estate investment trusts • New York
STOCK PURCHASE AGREEMENT (this “Agreement”) made as of this 4th day of November, 2009 among Enterprise Acquisition Corp., a Delaware corporation (“Buyer” or “Enterprise”), the signatory on the execution page hereof (“Seller”) and solely for the purposes of Sections 4(d), 7 and 8(a) hereof, Marc H. Bell (“Bell”) and Daniel C. Staton (“Staton” and together with Bell, the “Insiders”) and solely for the purposes of Sections 8(a) and 8(b) hereof, ARMOUR Residential REIT, Inc. (“ARMOUR”).
