SETTLEMENT AGREEMENT AND RELEASESettlement Agreement • October 30th, 2020 • Concrete Pumping Holdings, Inc. • Construction - special trade contractors • Delaware
This Settlement Agreement and Release (this “Agreement”) is entered into as of October 30, 2020 (the “Effective Date”) between (i) Concrete Pumping Holdings, Inc. (“Newco”) and its wholly-owned subsidiary, Brundage-Bone Concrete Pumping Holdings, Inc. (f/k/a Concrete Pumping Holdings, Inc.) (the “Company”) and (ii) PGP Investors, LLC, on its own behalf, and on behalf of the Pre-Closing Holders (as defined in the Merger Agreement) in its capacity as the representative of the Pre-Closing Holders (the “Holder Representative”) (collectively the “Parties” and each individually a “Party”), in connection with that certain Agreement and Plan of Merger, dated as of September 7, 2018 (as amended, modified, supplemented or restated from time to time, the “Merger Agreement”), by and among Newco, the Company, the Holder Representative and the other parties thereto.
