PURCHASE AGREEMENTPurchase Agreement • July 31st, 2024 • Moroun Matthew T • Trucking (no local) • Michigan
This Purchase Agreement (the “Agreement”) is made as of July 29, 2024 (the “Effective Date”), by and between Matthew T. Moroun, as Trustee of the Manuel J. Moroun Trust under Agreement dated March 24, 1977, as amended (the “Seller”), and the 2020 Irrevocable Lindsay S. Moroun Trust Under Agreement dated November 24, 2020 (the “Buyer”). The Seller and the Buyer are referred to from time to time in this Agreement individually as a “Party” and together as the “Parties.”
VOTING AGREEMENTVoting Agreement • July 31st, 2024 • Moroun Matthew T • Trucking (no local)
Matthew T. Moroun (the “Trustee”), in his individual capacity and in his capacity as trustee of the Grantor Trust for Matthew T. Moroun and DuraRock Underwriters, Ltd. (the “Moroun Trust”), hereby agrees that at each annual or special meeting of the stockholders of P.A.M. Transportation Services, Inc., a Delaware corporation, or of any successor to such corporation (the “Company”), or at any adjournment or postponement thereof, or in any other circumstance upon which a vote, consent or other approval of the Company’s stockholders is sought, the Trustee will vote (or cause to be voted) all shares of common stock of the Company that, as of the record date for such meeting or action to be taken by written consent, are held by Matthew T. Moroun or the Moroun Trust and are eligible to vote on or consent to the matter or matters submitted to the Company’s stockholders (collectively, the “MTM and Moroun Trust Shares”), in accordance with and in the same manner as the special trustee (the “Spe
