STOCK REDEMPTION AND WAIVER AGREEMENTStock Redemption and Waiver Agreement • October 30th, 2007 • SOI Holdings, Inc. • Delaware
This STOCK REDEMPTION AND WAIVER AGREEMENT (this “Agreement”) dated effective as of the 2nd day of July 2007, by and among Regions Financial Corporation, a Delaware corporation (“RFC”), Regions Bank, an Alabama state-chartered bank, on behalf of itself and as successor to Union Planters Bank, National Association, a bank chartered under the laws of the United States (the “Stockholder” and, together with RFC, the “Seller”), Trumpet Investors, L.P., a Delaware limited partnership (“Trumpet”), Trumpet SBIC Partners, L.P., a Delaware limited partnership (“Trumpet SBIC” and, with Trumpet, the “Clarion Investors”), Strategic Outsourcing, Inc., a Delaware corporation (“SOI, Inc.”), and SOI Holdings, Inc., a Delaware corporation (the “Company”).
