INITIAL PURCHASE AND CONTRIBUTION AGREEMENT Dated as of March 31, 2009 Among SCHLAGE LOCK COMPANY LLC as Seller and VON DUPRIN LLC as Purchaser and INGERSOLL-RAND COMPANY as Collection AgentInitial Purchase and Contribution Agreement • May 8th, 2009 • Ingersoll Rand Co LTD • General industrial machinery & equipment • New York
SCHLAGE LOCK COMPANY LLC, a Delaware limited liability company, as the seller (the “Seller”), VON DUPRIN LLC, an Indiana limited liability company, as the purchaser (the “Purchaser”), and INGERSOLL-RAND COMPANY, a New Jersey corporation (“IR Company”), as the initial Collection Agent (as defined below), agree as follows:
INITIAL PURCHASE AND CONTRIBUTION AGREEMENT Dated as of March 31, 2009 Among The parties listed on Schedule I hereto as Sellers and IR CLIMATE RECEIVABLES FUNDING INC. as Purchaser and INGERSOLL-RAND COMPANY as Collection AgentInitial Purchase and Contribution Agreement • May 8th, 2009 • Ingersoll Rand Co LTD • General industrial machinery & equipment • New York
Each of the parties listed on Schedule I hereto (each, a “Seller” and collectively, the “Sellers”), IR CLIMATE RECEIVABLES INC., a Delaware corporation, as the purchaser (the “Purchaser”), and INGERSOLL-RAND COMPANY, a New Jersey corporation (“IR Company”), as the initial Collection Agent (as defined below), agree as follows:
