PURCHASE AGREEMENT BY AND BETWEEN UNITED PARCEL SERVICE OF AMERICA, INC. UNITED PARCEL SERVICE INC. TFORCE HOLDINGS INC. AND TFI INTERNATIONAL INC. Dated as of January 24, 2021Purchase Agreement • February 3rd, 2021 • TFI International Inc. • Trucking & courier services (no air) • Delaware
This PURCHASE AGREEMENT, dated January 24, 2021 (this “Agreement”), is made and entered into by and between (a) UNITED PARCEL SERVICE OF AMERICA, INC., a Delaware corporation (“Seller”), (b) UNITED PARCEL SERVICE INC., a Delaware corporation (“Parent”), (c) TFORCE HOLDINGS INC., a Canadian corporation (“Buyer”), and (d) TFI INTERNATIONAL INC., a Canadian corporation (“Guarantor”). Seller and Buyer are sometimes individually referred to in this Agreement as a “Party” and collectively as the “Parties”, Parent will be deemed to be a Party for purposes of Section 5.9 and Article IX, and Guarantor will be deemed to be a Party for purposes of Section 8.7 and Article IX. Capitalized terms used in this Agreement have the meanings specified in Article I.
