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Subscribers | 2003 |
Asset Purchase Agreement
Asset Purchase Agreement (1,026K)
Doc #101705: Click preview link for longer preview.
{DOCUMENT}
{TYPE}EX-2.1
{SEQUENCE}3
{PAGE}
EXHIBIT 2.1
CONFIDENTIAL
ASSET PURCHASE AGREEMENT
BY AND BETWEEN
UNITED STATES FILTER CORPORATION,
U.S. FILTER DISTRIBUTION GROUP, INC.
AND
BLUE ACQUISITION CORP.
dated
SEPTEMBER 12, 2002
{PAGE}
TABLE OF CONTENTS
{TABLE}
{CAPTION}
Page
----
{S} {C}
ARTICLE I DEFINITIONS; CONSTRUCTION ................................. 1
1.1 Definitions .............................................. 1
1.2 Construction ............................................. 9
ARTICLE II THE TRANSACTION .......................................... lO
2.1 Sale and Purchase of Assets .............................. lO
2.2 Retained Assets .......................................... l0
2.3 Assumption of Obligations ................................ 11
2.4 Retained Obligations ..................................... 12
2.5 Purchase Price ........................................... 13
2.6 Closing .................................................. 13
2.7 Payment .................................................. 14
2.8 Purchase Price Adjustment ................................ 14
2.9 Procedures for Calculating and Paying the Purchase Price
Adjustment ............................................... 14
2.10 Allocation of Purchase Price ............................. 16
ARTICLE III REPRESENTATIONS AND WARRANTIES OF DISTRIBUTION .......... 16
3.1 Organization and Authority ............................... 16
3.2 Authorization; Enforceability ............................ 17
3.3 Title to Purchased Assets ................................ 17
3.4 No Violation of Laws or Agreements; Consents ............. 17
3.5 Financial Statements ..................................... 18
3.6 No Changes ............................................... 18
3.7 Taxes .................................................... 19
3.8 Rights in Assets ......................................... 21
3.9 No Pending Litigation .................................... 21
3.10 Compliance With Law; Permits ............................. 22
3.11 Labor Matters ............................................ 22
3.12 Intellectual Property Rights ............................. 22
3.13 Employees; Employee Related Agreements and Plans; ERISA .. 24
3.14 Environmental Matters .................................... 27
3.15 Intentionally Omitted .................................... 28
3.16 Material Contracts ....................................... 28
3.17 Intentionally Omitted .................................... 28
3.18 Insurance ................................................ 28
3.19 Absence of Undisclosed Liabilities ....................... 29
3.20 Disclaimer of Warranties ................................. 29
ARTICLE IV REPRESENTATIONS AND WARRANTIES OF USF .................... 29
4.1 Organization and Authority ............................... 29
4.2 Authorization; Enforceability ............................ 29
4.3 No Violation of Laws or Agreements; Consents ............. 30
{/TABLE}
i
{PAGE}
{TABLE}
{S} {C}
4.4 Brokers, Finders, Etc. ................................... 30
4.5 Disclaimer of Warranties ................................. 30
ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER ................... 31
5.1 Organization ............................................. 31
5.2 Authorization; Enforceability ............................ 31
5.3 No Violation of Laws; Consents; Creditors ................ 31
5.4 No Pending Litigation or Proceedings ..................... 31
5.5 Brokers, Finders, Etc .................................... 32
5.6 Financial Ability ........................................ 32
ARTICLE VI ACTIONS PRIOR TO CLOSING DATE ............................ 32
6.1 Access to Information .................................... 32
6.2 Notifications ............................................ 33
6.3 Consents of Third Parties ................................ 33
6.4 Filings Under the HSR Act ................................ 33
6.5 Operations Prior to Closing Date ......................... 34
6.6 Negotiations ............................................. 35
6.7 Guaranty and Surety Obligations .......................... 35
6.8 Termination of Receivables Purchase Facility ............. 36
6.9 Financial and Banking Information ........................ 36
6.10 Financing ................................................ 36
101705
|
Badger Meter
As referenced in this Asset Purchase Agreement:
Badger Meter, Inc. – IN EXCESS OF $500,000
{TABLE}
OTHER PARTY AGREEMENT DATE
{S} {C} {C}
Neenah Foundry Company Consignment Agreement November 22, 2000
North American Pipe Corporation Distributor Agreement May 11, 2001
Badger Meter, Inc. Distributor Resale Supply Agreement May 18, 1998
Invensys Metering Systems Distributorship Agreements Various
Mueller Co. Distribution Agreements Various
{/TABLE}
(D) CONTRACTS FOR THE SALE OF GOODS AND/OR SERVICES
_____________
dt 1323142
;
Badger Meter
As referenced in this Asset Purchase Agreement:
Badger Meter, Inc. – IN EXCESS OF $500,000
{TABLE}
OTHER PARTY AGREEMENT DATE
{S} {C} {C}
Neenah Foundry Company Consignment Agreement November 22, 2000
North American Pipe Corporation Distributor Agreement May 11, 2001
Badger Meter, Inc. Distributor Resale Supply Agreement May 18, 1998
Invensys Metering Systems Distributorship Agreements Various
Mueller Co. Distribution Agreements Various
{/TABLE}
(D) CONTRACTS FOR THE SALE OF GOODS AND/OR SERVICES
_____________
dt 1456210
;
TOTAL
As referenced in this Asset Purchase Agreement:
TOTAL
------- -------- -------
{S – income from continuing operations for
the years ended December 31, 2001 and 2000 and for the nine months ended
December 31, 1999 consists of (in thousands):
{Table}
{Caption}
CURRENT DEFERRED TOTAL
------- -------- -------
{S } {C} {C} {C}
Year ended December 31, 2001:
U.S. Federal $26,146 1,605 27,751
State and local 3,932 241 4,173
------- -------- -------
$30,078 1,846
_____________
TOTAL
------------------------------------------------------------------------------------------------------------------------------------
{S – INSURANCE CLAIM: AIG GENERAL LIABILITY
{PAGE}
General Liability - AIG - Distribution Group
{Table}
{Caption}
------------------------------------------------------------------------------------------------------------------------------------
INCURRED RESERVES
CLAIMANT NAME BRANCH CASE# SYMBOL LOSS DATE STATUS LOSS TYPE ACCIDENT DESC. TOTAL PAID TOTAL TOTAL
------------------------------------------------------------------------------------------------------------------------------------
{S } {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
CITY OF BRAWLEY 253 55015 1 03/19/1997 Closed PRODUCT CMLT ALLEGES 11,870.42 11,870.42
_____________
TOTAL
-----------------------------------------------------------------------------------------------------------------------------------
{S – 02 PAGE 1 OF 2
{PAGE}
{Table}
{Caption}
General Liability - AIG - Distribution Group
-----------------------------------------------------------------------------------------------------------------------------------
CLAIMANT CASE LOSS LOSS INCURRED PAID RESERVES
NAME BRANCH # SYMBOL DATE STATUS TYPE ACCIDENT DESC. TOTAL TOTAL TOTAL
-----------------------------------------------------------------------------------------------------------------------------------
{S } {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
BARKER WANDA 253 70802 1 12/29/1999 Closed LIABILITY WRONGFUL DEATH AND 9,418.04 9,418.04
_____________
TOTAL
{S – INSURANCE CLAIMS: AIG AUTOMOBILE
{PAGE}
Auto Liability - AIG - Distribution Group
{Table}
{Caption}
SYM- LOSS LOSS INCURRED PAID RESERVES
CLAIMANT NAME BRANCH CASE # BOL DATE STATUS TYPE ACCIDENT DESC. TOTAL TOTAL TOTAL
{S } {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
HERTZ RENT-A-CAR 254 21919 2 01/25/1996 Closed AUTOCOLL INSURED DRIVER SLID INTO 912.42 1,
_____________
Total
-----------------------------------------------------------------------------------------------------------------------------------
{S – 02 Page 1 of 38
{PAGE}
Auto Liability - AIG - Distribution Group
{Table}
{Caption}
-----------------------------------------------------------------------------------------------------------------------------------
Case Loss Loss Accident Incurred Paid Reserves
Claimant Name Branch # Symbol Date Status Type Desc. Total Total Total
-----------------------------------------------------------------------------------------------------------------------------------
{S } {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
UNITED STATES
FILTER CORP 255 43294 1 02/05/1997 Closed AUTOCOMP ELECTRICAL SHORT IN 11,735.28 13,
_____________
dt 1394260
;
|
Vivendi Universal
As referenced in this Asset Purchase Agreement:
Vivendi Universal – as disclosed on Schedule 3.13(b), the
Vivendi Employee Benefit Plans are the only plans maintained by Vivendi
Environment S.A. or Vivendi Universal S.A. which benefit employees of
Distribution and none of such plans is subject to ERISA. Except for payroll tax
obligations which may
_____________
Vivendi Universal – United States Filter Corporation Management Deferred Compensation Plan
VIVENDI EMPLOYEE BENEFIT PLANS
- Vivendi 10 Stock Option Grant Program
- Vivendi Pegasus Share Incentive Plan
- Vivendi Universal Employee Stock Option Plan May 1999
- Vivendi Universal Employee Stock Option Plan May 2000
- Vivendi Environnement Employee Stock Option Plan February 2001
Page
_____________
Vivendi Universal – VIVENDI EMPLOYEE BENEFIT PLANS
- Vivendi 10 Stock Option Grant Program
- Vivendi Pegasus Share Incentive Plan
- Vivendi Universal Employee Stock Option Plan May 1999
- Vivendi Universal Employee Stock Option Plan May 2000
- Vivendi Environnement Employee Stock Option Plan February 2001
Page 42
{PAGE}
SCHEDULE 3.13(b)
STATUS OF
_____________
dt 277890
;
Vivendi Universal
As referenced in this Asset Purchase Agreement:
Vivendi Universal – as disclosed on Schedule 3.13(b), the
Vivendi Employee Benefit Plans are the only plans maintained by Vivendi
Environment S.A. or Vivendi Universal S.A. which benefit employees of
Distribution and none of such plans is subject to ERISA. Except for payroll tax
obligations which may
_____________
Vivendi Universal – United States Filter Corporation Management Deferred Compensation Plan
VIVENDI EMPLOYEE BENEFIT PLANS
- Vivendi 10 Stock Option Grant Program
- Vivendi Pegasus Share Incentive Plan
- Vivendi Universal Employee Stock Option Plan May 1999
- Vivendi Universal Employee Stock Option Plan May 2000
- Vivendi Environnement Employee Stock Option Plan February 2001
Page
_____________
Vivendi Universal – VIVENDI EMPLOYEE BENEFIT PLANS
- Vivendi 10 Stock Option Grant Program
- Vivendi Pegasus Share Incentive Plan
- Vivendi Universal Employee Stock Option Plan May 1999
- Vivendi Universal Employee Stock Option Plan May 2000
- Vivendi Environnement Employee Stock Option Plan February 2001
Page 42
{PAGE}
SCHEDULE 3.13(b)
STATUS OF
_____________
dt 277890
;
More... |
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Subscribers | 2001 |
Master Lease Purchase
Master Lease Purchase (69K)
Doc #120462: Click preview link for longer preview.
BARCLAYS
MASTER LEASE PURCHASE
Date 27th September 2001
YOU ARE:
Name Vari-Lite Europe Limited
Address 20-22 Fairway Drive
Greenford
Middlesex
Postcode UB6 8PW
Registered no. 2876045
WE ARE
BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED OF CHURCHILL PLAZA, CHURCHILL
WAY, BASINGSTOKE, HAMPSHIRE, RG21 7GL. REGISTERED IN ENGLAND NO. 898129. OUR
VAT REGISTRATION NO. IS 243 8522 62.
THIS IS HOW YOUR MASTER LEASE PURCHASE AGREEMENT OPERATES
You may request us to enter into leases with you by giving us details of the
equipment, from whom you propose we acquire title to it, and any financial or
other information we may require.
By signing this agreement you acknowledge that we may exchange information
about you with companies in the Barclays Bank group for credit and risk
assessment purposes and marketing purposes. You agree that (i) you may be
contacted with details of other products or services - write to us, if you do
not wish to be contacted (ii) we may disclose and use information about this
agreement for credit scoring, administration and financing purposes and for
fraud prevention.
These expressions are used throughout this agreement and any schedule to it:
SCHEDULE:
Is any agreement under which we let equipment to you on hire on the terms of
this agreement and the particular schedule.
LEASE:
In relation to any hiring, is this agreement and the schedule which together
constitute a single contract.
EQUIPMENT, TERM, RENT, LOCATION:
Are as described in the particular schedule.
THESE ARE THE TERMS OF YOUR MASTER LEASE PURCHASE AGREEMENT
1. GENERAL
(1) We and you may sometimes be referred to respectively as 'owner' and
'hirer' in this agreement, schedules or any supplemental agreement or
appendix.
(2) This is a master agreement; signature of it does not commit either us or
you to enter into any lease. We are only obliged to hire equipment (which
includes any replacement) to you, if you sign a schedule, the terms of
which are agreed and which we then sign.
(3) Headings are for convenience only. The singular includes the plural and
vice versa.
(4) The equipment remains our property until you have validly exercised your
option to purchase it (see clause 9). If any clause (or part of it) is
not enforceable, the rest of the lease will not be affected.
(5) We may require you to arrange for any purchase contract you may have
entered into to be changed so title to the equipment passes direct to us.
We will pay for the equipment on the terms agreed with you or otherwise
on receipt by us of the supplier's invoice, or reimburse you (if you have
an agency purchase appointment) on presentation of your invoice, as
applicable.
120462
|
TOTAL
As referenced in this Master Lease Purchase:
TOTAL
------------------------------------------------------------------------------------------------
{S – been entered into the day and year
first before written.
Page 1 of 2
{Page}
Schedule of Assets for Vari-Lite Europe Limited
{Table}
{Caption}
------------------------------------------------------------------------------------------------
DATE SUPPLIER ASSET NET VAT TOTAL
------------------------------------------------------------------------------------------------
{S } {C} {C} {C} {C} {C}
23-Aug ETC Upgrade Kit for Consol L 16,110.00 L 2,819.25 L 18,929.25
------------------------------------------------------------------------------------------------
25-Jun Prestige 3D illuminated
_____________
dt 1394268
;
|
VLPS Lighting
As referenced in this Master Lease Purchase:
VLPS LIGHTING SERVICES INTERNATIONAL INC –
VLPS LIGHTING SERVICES INTERNATIONAL INC
_____________
dt 1853940
|
| Preview
Subscribers | 2002 |
Purchase-Sale Agreement
Purchase-Sale Agreement (26K)
Doc #124784: Click preview link for longer preview.
(CERTIFIED TRANSLATION)
PURCHASE-SALE AGREEMENT DATED JULY 29, 2002, ENTERED INTO BY AND BETWEEN:
1. TFM, S.A. de C.V., represented herein by Messrs. Mario Mohar Ponce and
Leon Noe Ortiz Roman, in their capacity as purchaser, hereinafter TFM.
2. Ferrocarriles Nacionales de Mexico, represented herein by Jorge
Alberto Forastieri Mufioz, in his capacity as the seller, hereinafter
FNM;
3. Nacional Financiers SNC, Institucion de Banca de Desarrollo
(hereinafter Nafin), in its capacity as Trustee of trust number
5012-6, known as FERRONALESJUB (hereinafter the Trust), as seller,
represented herein by General Trust Delegate Oswaldo Mendoza Popoca,
hereinafter Trustee;
Within the appearance of Grupo Transportacion Ferroviaria Mexicana (hereinafter
Grupo TFM); Grupo TMM S.A. de C.V. (formerly Grupo Servia S-A. de C.V),
hereinafter Grupo TMM; TMM Multimodal S.A. de C.V. (hereinafter TMM Multimodal)
and Caymex Transportation Inc. (hereinafter Caymex), in accordance with the
following Background, Recitals and Clauses:
BACKGROUND
I. On June 9, 1997, FNM executed an agreement with Grupo TFM, TMM
Multimodal, Caymex and Grupo TMM (hereinafter the Original Agreement)
by which, and under the terms and conditions stated therein, FNM
agreed to contribute to the variable part of the capital stock of
Grupo TFM, amounting to $1,581,700,000.00 (ONE BILLION, FIVE HUNDRED
EIGHTY-ONE MILLION, SEVEN-HUNDRED THOUSAND MEXICAN PESOS) plus
interest accrued to the date on which the contribution was to be made.
II. In compliance with its obligations of the Original Agreement dated
June 23, 1997, FNM subscribed and paid to Grupo TFM a total of
2,478,470 (TWO MILLION, FOUR HUNDRED SEVENTY-EIGHT THOUSAND, FOUR
HUNDRED SEVENTY) series L and Sub-series L-1 shares, representative of
the variable part of the capital stock of Grupo TFM (the FNM Shares),
FNM subscribed and paid for these shares under terms and conditions
stated in the Original Agreement.
III. In accordance with Clause III of the Original Agreement, FNM granted
to Grupo TMM, TMM Multimodal and Caymex (hereinafter and jointly, the
Original Shareholders', or individually, the Original Shareholder,
depending on the context) or, as the case may be, to the corporation
that each Original Shareholder names that must be a subsidiary of TMM,
KCSI or Grupo TMM, the right to acquire the total or part if the
Proportional Part of the FNM Shares to which each Original Shareholder
is entitled, at a Purchase Price equal to that which is calculated in
accordance with Point 3.03 of the Original Agreement.
124784
|
Grupo TMM
As referenced in this Purchase-Sale Agreement:
Grupo TMM – seller,
represented herein by General Trust Delegate Oswaldo Mendoza Popoca,
hereinafter Trustee;
Within the appearance of Grupo Transportacion Ferroviaria Mexicana (hereinafter
Grupo TFM); Grupo TMM S.A. de C.V. (formerly Grupo Servia S-A. de C.V),
hereinafter Grupo TMM; TMM Multimodal S.A. de C.V. (
_____________
Grupo TMM; – Grupo Transportacion Ferroviaria Mexicana (hereinafter
Grupo TFM); Grupo TMM S.A. de C.V. (formerly Grupo Servia S-A. de C.V),
hereinafter Grupo TMM; TMM Multimodal S.A. de C.V. (hereinafter TMM Multimodal)
and Caymex Transportation Inc. (hereinafter Caymex), in accordance with the
following Background,
_____________
Grupo TMM – the
following Background, Recitals and Clauses:
BACKGROUND
I. On June 9, 1997, FNM executed an agreement with Grupo TFM, TMM
Multimodal, Caymex and Grupo TMM (hereinafter the Original Agreement)
by which, and under the terms and conditions stated therein, FNM
agreed to contribute to the variable part
_____________
Grupo TMM, – shares under terms and conditions
stated in the Original Agreement.
III. In accordance with Clause III of the Original Agreement, FNM granted
to Grupo TMM, TMM Multimodal and Caymex (hereinafter and jointly, the
Original Shareholders', or individually, the Original Shareholder,
depending on the context) or, as the
_____________
Grupo TMM, – or, as the case may be, to the corporation
that each Original Shareholder names that must be a subsidiary of TMM,
KCSI or Grupo TMM, the right to acquire the total or part if the
Proportional Part of the FNM Shares to which each Original Shareholder
is
_____________
dt 92529
;
TOTAL
As referenced in this Purchase-Sale Agreement:
TOTAL
--------- --------------- -------------- ------------- --------------
{S – City Southern
427 West 12th St., Kansas City, MO. 64105
Attn.: General Counsel
{PAGE}
EXHIBIT A
DAILY PRICE OF GRUPO TFM SHARES
{Table}
{Caption}
DATE PRICE PER SHARE FNM NAFIN TOTAL
--------- --------------- -------------- ------------- --------------
{S } {C} {C} {C} {C}
1,767,934 801,536 2,478,470
JUL-19-02 103.247333208 173,138,963.47 82,756,454.47 255,895,417.94
_____________
dt 1394276
;
| Ferrocarriles Nacionales de Mexico;
TFM, S-A de C.V.
|
| Preview
Subscribers | 2002 |
Master Purchase Agreement for Subscriber Equipment
Master Purchase Agreement for Subscriber Equipment (208K)
Doc #153504: Click preview link for longer preview.
MASTER PURCHASE AGREEMENT
FOR SUBSCRIBER EQUIPMENT
BETWEEN
SPRINT SPECTRUM L.P.
AND
HANDSPRING, INC.
{PAGE}
TABLE OF CONTENTS
{TABLE}
{S} {C}
1.0 DEFINITIONS................................................................... 1
2.0 TERM AND TERMINATION.......................................................... 4
2.1 TERM........................................................................ 4
2.2 TERMINATION FOR CAUSE....................................................... 4
2.3 TERMINATION FOR BANKRUPTCY OR FINANCIAL INSOLVENCY.......................... 4
2.4 METHOD OF TERMINATION....................................................... 5
2.5 EFFECT OF TERMINATION/EXPIRATION............................................ 5
2.6 DUTIES UPON TERMINATION/RETURN OF MATERIALS................................. 5
3.0 SCOPE......................................................................... 5
3.1 GENERAL..................................................................... 5
3.2 FORECASTING/SALES REPORTS................................................... 5
3.3 PLANNED PRODUCTION CAPACITY................................................. 6
3.4 RIGHT TO RESELL............................................................. 6
3.5 SPRINT SERVICES............................................................. 6
4.0 AFFILIATE AND AGENT PRODUCT PURCHASE TRANSACTIONS............................. 6
4.1 SPRINT AFFILIATES........................................................... 6
4.2 AGENTS...................................................................... 7
5.0 PRICES, INVOICING AND PAYMENT................................................. 7
5.1 PRICES...................................................................... 7
5.2 ONGOING COMMITMENT TO REDUCE PRODUCT COSTS.................................. 7
5.3 TAXES....................................................................... 7
5.4 INVOICES AND ITEMIZATION; NOTICE REQUIRED WITH RESPECT TO DISPUTED AMOUNTS.. 7
5.5 UNAUTHORIZED DEDUCTIONS..................................................... 8
5.6 PROMPT INVOICING............................................................ 8
5.7 ELECTRONIC TRANSACTIONS..................................................... 9
6.0 PRODUCT PURCHASES: MINIMUM COMMITMENTS AND ORDERING........................... 9
6.1 PURCHASE ORDERS; AGREEMENT CONTROLS......................................... 9
6.2 LOGISTICAL AND DISTRIBUTION CAPABILITIES.................................... 9
6.3 INVENTORY PROCESSES......................................................... 9
6.4 PURCHASE ORDERS............................................................. 10
6.5 POSTPONEMENT/CANCELLATION/CHANGES OF PURCHASE ORDERS BY SPRINT.............. 10
6.5.1 Quantity Increases and Shipment Schedule Changes....................... 10
6.5.2 Cancellation Liability................................................. 10
6.6 CANCELLATION OF PURCHASE ORDERS BY HANDSPRING............................... 10
6.7 PURCHASE ORDER TERMINATION FOR CAUSE........................................ 11
7.0 SHIPPING AND RISK OF LOSS OF PRODUCT.......................................... 11
7.1 GENERAL..................................................................... 11
7.2 SHIPMENT AND SPRINT'S PRODUCT RETURN RIGHTS................................. 11
7.3 TITLE AND RISK OF LOSS...................................................... 12
7.4 LATE DELIVERY............................................................... 12
7.5 EARLY DELIVERY.............................................................. 12
{/TABLE}
{PAGE}
{TABLE}
{S} {C}
8.0 RETURN AUTHORIZATION; WARRANTY AND NON-WARRANTY REPAIRS....................... 12
8.1 IN WARRANTY REPAIR OR REPLACEMENT........................................... 12
8.2 RETURN AND REPAIR OF DEAD ON ARRIVAL PRODUCTS............................... 12
8.3 REFURBISHED PRODUCTS........................................................ 13
8.4 OUT OF WARRANTY REPAIR...................................................... 13
9.0 INSPECTION, TESTING, AND CERTIFICATION OF PRODUCT............................. 13
9.1 SPRINT INSPECTION........................................................... 13
9.2 CERTIFICATION............................................................... 13
10.0 PRODUCT LABELING/PACKAGING; RECIPROCAL TRADEMARK LICENSES................... 13
10.1 MARKS, LOGOS & LABELS.................................................... 13
10.2 PRODUCT LABELING......................................................... 14
10.3 PRODUCT PACKAGING........................................................ 14
10.4 RECIPROCAL TRADEMARK LICENSES............................................ 14
11.0 TECHNICAL SUPPORT TRAINING AND PRODUCT INFORMATION.......................... 15
11.1 TECHNICAL TRAINING....................................................... 15
11.2 SALES TRAINING........................................................... 15
11.3 LIMITATIONS ON TRAINING.................................................. 15
11.4 COLLATERAL SUPPORT, DOCUMENTATION AND RELATED PRODUCT INFORMATION........ 15
11.5 CUSTOMIZED SALES AND TRAINING COLLATERAL................................. 16
11.6 PRODUCT USER GUIDES...................................................... 16
11.7 MARKET DEVELOPMENT FUND (MDF)............................................ 16
11.8 TASK FORCE TEAM.......................................................... 16
11.9 MARKET DEVELOPMENT MANAGER............................................... 17
11.10 FUTURE DISTRIBUTION MODELS............................................... 17
12.0 SERVICES.................................................................... 17
12.1 SERVICES SCHEDULE; HANDSPRING PERSONNEL.................................. 17
12.2 SPRINT'S RIGHT TO REMOVE HANDSPRING PERSONNEL............................ 17
12.3 SECURITY REQUIREMENTS AND ACCESS......................................... 17
12.4 INVESTIGATIONS........................................................... 17
13.0 PRODUCT RELATED WARRANTIES.................................................. 17
13.1 GENERAL PRODUCT WARRANTY TO SPRINT....................................... 17
13.2 TECHNICAL SUPPORT WARRANTY............................................... 18
13.3 INTEROPERABILITY WARRANTY................................................ 18
13.4 BACKWARDS COMPATIBILITY WARRANTY......................................... 18
13.5 MEDIA WARRANTY........................................................... 19
13.6 VIRUS WARRANTY........................................................... 19
13.7 NON-INFRINGEMENT WARRANTY................................................ 19
13.8 NO ILLICIT CODE WARRANTY................................................. 19
13.9 HANDSPRING PERSONNEL WARRANTY............................................ 19
14.0 GENERAL REPRESENTATIONS AND WARRANTIES; DISCLAIMER OF UNSTATED WARRANTIES... 19
14.1 BY HANDSPRING............................................................ 19
14.2 BY SPRINT................................................................ 20
14.3 BY EACH PARTY............................................................ 20
14.4 DISCLAIMER OF UNSTATED WARRANTIES........................................ 20
15.0 PRODUCT CHANGES AND FEATURE ENHANCEMENTS.................................... 21
15.1 PRODUCT CHANGES.......................................................... 21
15.2 SOFTWARE CHANGES......................................................... 21
15.3 HANDSPRING'S NOTICE OBLIGATIONS.......................................... 21
{/TABLE}
{PAGE}
{TABLE}
{S} {C}
15.4 HANDSPRING'S OBLIGATIONS IF ADVERSE EFFECT ON OTHER DELIVERABLES......... 21
16.0 PRODUCT DISCONTINUATION; CHRONIC CONDITION; RECALLS......................... 21
16.1 PRODUCT.................................................................. 21
16.2 EXCESS INVENTORY......................................................... 22
16.3 CHRONIC CONDITIONS....................................................... 22
16.4 CHRONIC CONDITION REMEDIES............................................... 22
16.5 PRODUCT RECALL........................................................... 22
17.0 MISCELLANEOUS OTHER COVENANTS............................................... 23
17.1 RADIO FREQUENCY STANDARDS AND INTERFERENCE............................... 23
17.2 SAFETY................................................................... 23
18.0 CONFIDENTIAL INFORMATION.................................................... 23
18.1 GENERAL.................................................................. 23
18.2 CONFIDENTIALITY.......................................................... 23
18.3 EXCEPTIONS............................................................... 23
18.4 THIRD PARTY CONFIDENTIAL INFORMATION..................................... 24
18.5 PERMITTED DISCLOSURES.................................................... 24
18.6 INJUNCTIVE RELIEF........................................................ 24
18.7 SEC COMPLIANCE........................................................... 24
19.0 OWNERSHIP................................................................... 24
19.1 PRODUCT OWNERSHIP........................................................ 24
19.2 HANDSPRING OWNED PROPERTY................................................ 24
19.3 SPRINT OWNED PROPERTY.................................................... 25
19.4 OTHER DEVELOPED PROPERTY................................................. 25
19.5 LIMITATIONS.............................................................. 25
20.0 RIGHT OF AUDIT.............................................................. 25
21.0 INSURANCE................................................................... 26
21.1 INSURANCE REQUIREMENTS................................................... 26
21.2 CERTIFICATES OF INSURANCE................................................ 26
21.3 NO LIABILITY LIMIT....................................................... 26
22.0 INDEMNITY................................................................... 27
22.1 HANDSPRING'S GENERAL THIRD PARTY INDEMNITY............................... 27
22.2 SPRINT'S GENERAL THIRD PARTY INDEMNITY................................... 27
22.3 HANDSPRING'S INTELLECTUAL PROPERTY INDEMNIFICATION....................... 27
22.4 INDEMNIFICATION PROCEDURES............................................... 27
23.0 LIMITATIONS OF LIABILITY.................................................... 28
24.0 DISPUTE RESOLUTION.......................................................... 28
24.1 OPTION TO NEGOTIATE DISPUTES............................................. 28
24.2 VENUE, FORUM SELECTION, SERVICE OF PROCESS............................... 29
24.3 WAIVER OF JURY TRIAL..................................................... 29
24.4 ATTORNEYS FEES........................................................... 29
25.0 GENERAL PROVISIONS.......................................................... 29
25.1 NOTICES.................................................................. 29
25.2 MATERIAL/MECHANIC'S LIEN................................................. 30
25.3 ASSIGNMENT/BINDING EFFECT................................................ 30
25.4 INDEPENDENT CONTRACTOR................................................... 30
25.5 GOVERNING LAW............................................................ 31
25.6 WAIVER................................................................... 31
{/TABLE}
{PAGE}
{TABLE}
{S} {C}
25.7 SEVERABILITY/CONSTRUCTION................................................ 31
25.8 SURVIVAL................................................................. 31
25.9 REMEDIES/EQUITABLE RELIEF................................................ 31
25.10 FEDERAL ACQUISITION REGULATIONS.......................................... 32
25.11 DIVERSITY................................................................ 32
25.12 FORCE MAJEURE............................................................ 32
25.13 GOVERNMENTAL CONSENTS NOT REQUIRED....................................... 32
25.14 IMPORT AND EXPORT CONTROLS............................................... 32
25.15 NON-EXCLUSIVITY.......................................................... 32
25.16 NO THIRD PARTY BENEFICIARIES............................................. 32
25.17 PERMITS AND LICENSES..................................................... 33
25.18 SIGNATURES: COUNTERPARTS/FACSIMILE....................................... 33
25.19 ENTIRE AGREEMENT; MODIFICATIONS; INCONSISTENCIES......................... 33
{/TABLE}
{PAGE}
MASTER PURCHASE AGREEMENT FOR SUBSCRIBER EQUIPMENT
This Master Purchase Agreement for Subscriber Equipment (the "Agreement"),
effective as of March 14, 2002 (the "Effective Date"), is entered into by and
between Sprint Spectrum L.P., a Delaware limited partnership with offices at
6160 Sprint Parkway, Overland Park, Kansas 66251 ("Sprint"), and Handspring,
Inc., a Delaware corporation with offices at 189 Bernardo Avenue, Mountain View,
California 94043 ("Handspring").
BACKGROUND
WHEREAS, Handspring is in the business of manufacturing, marketing and
selling handheld computers, communications devices and related products and
accessories, and Sprint is in the business of operating telecommunication
networks, and providing wireless communication services and products to
individuals and businesses;
WHEREAS, Sprint and Handspring wish to set forth herein the terms and
conditions which will apply generally to the purchase of Handspring's Products
by Sprint during the Term, unless and except as may be otherwise provided for in
the applicable Contract Addendum (as defined below) which is to be prepared and
executed by the parties for each of the various Products which Sprint purchases
during the Term from Handspring pursuant to this Agreement;
NOW, THEREFORE, for and in consideration of the foregoing premises, the
mutual promises and the covenants herein made, and for other good and valuable
consideration, the receipt and sufficiency of which is hereby expressly
acknowledged, and intending to be legally bound, the parties hereto hereby agree
as follows:
A G R E E M E N T
1.0 DEFINITIONS
The meanings given to terms in this Agreement are equally applicable to both the
singular and the plural forms of the terms. Capitalized terms used in the
Contract Addendums, or any of the exhibits, appendices, attachments, or
schedules attached to this Agreement or any Contract Addendum related hereto,
shall have the meaning and definitions given to them in this Agreement, unless
expressly defined in the Contract Addendum or other document, in which case such
terms shall have the meanings set forth in the Contract Addendum or other such
document. For the purposes of this Agreement, the following definitions apply.
1.1. "AGENT" means any individual sole proprietor or entity, other than a Sprint
Affiliate, that has or develops a business relationship with Sprint or a Sprint
Affiliate and that has the ability to resell Products to Purchasers (directly or
through the Agent's distribution channels), including but not limited to
original equipment manufacturers (OEM), value added resellers (VAR), and other
persons or entities with which Sprint or a Sprint Affiliate has or develops a
distribution relationship.
1.2. "BACKWARDS COMPATIBILITY" or "BACKWARDS COMPATIBLE" means the referenced
prior Revision Level or Levels of the applicable Product remain fully functional
after the integration with the respective succeeding Revision Level or Levels
and that after such integration the prior Revision Level or Levels do not lose
any functionality and the new Revision Level or Levels Interoperate with all
functionalities of the prior Revision Level or Levels.
1.3. "BLAZER" means Handspring's proprietary internet browser software as
described in the Blazer Agreement.
1.4. "BLAZER AGREEMENT" means the Software License, Hosting and Support Services
Agreement entered into by and between Sprint and Handspring, on or about
September 11, 2001.
1.5. "BUSINESS DAY" means any day of the year other than a Saturday, Sunday, or
a United States national public holiday (or a Canadian national holiday or
Canadian provincial holiday if such holiday is
1
{PAGE}
in the province where a Handspring repair or customer support center is
located).
1.6. "CONTRACT ADDENDUM" means the specific terms and conditions set forth in a
separate addendum to this Agreement, which the parties agree to negotiate and
execute, from time to time during the Term, in connection with, and which will
apply to and control with respect to, each different Handspring Product to be
purchased by Sprint hereunder (including, but not limited to the description of
the Product in question, the pricing terms, the definition of the "territory"
involved, special logistical terms, and any other terms and conditions differing
from those set forth in this Agreement).
1.7. "CUSTOMER" means any person or entity that purchases and/or sells
Handspring's products (including a Purchaser of a Product).
1.8. "DEFECT" or "DEFECTIVE" means any one or a combination of the following, or
items of a similar nature:
(a) when used with respect to Products (including work by any
Handspring Personnel), items that are not: (i) in accordance with the
Specifications; or (ii) free from errors and omissions in Product workmanship or
design which materially impair the functionality of the Product; or
(b) in general: (i) work (including work by any Handspring Personnel)
that does not conform to the Specifications or requirements of this Agreement or
both; (ii) work (including work by any Handspring Personnel) that is not free
from excessive corrosion or erosion; or (iii) any design, engineering,
materials, Products, tools, supplies or training that does not conform to the
Specifications.
1.9. "DELIVERABLE" means the Products (or Services, if any) delivered or to be
delivered by Handspring under this Agreement (including the relevant Contract
Addendum relating thereto) and any applicable Purchase Order(s).
1.10. "DOCUMENTATION" means all written instructions, manuals, descriptions, and
any other documents that are: (i) related to the Deliverables; (ii) necessary
for Sprint to support Sprint's business requirements (such as provisioning,
testing, operating and troubleshooting) in connection with the Deliverables; and
(iii) detailed, comprehensive, and prepared in conformance with generally
accepted industry standards of professional care, skill, diligence and
competence applicable to telecommunications and operational practices similar to
Sprint's.
1.11. "EMBEDDED SOFTWARE" means software that is embedded in the Product and is
not intended to be separated from the hardware to function.
1.12. "EQUIPMENT" means the Product, including Embedded Software.
1.13. "EQUIPMENT FEATURE ENHANCEMENT" means: (i) feature enhancements that
materially improve functionality or performance of Equipment and that Handspring
markets as separate commercially available products; or (ii) custom developed
features for Sprint or another Customer.
1.14. "EQUIPMENT REVISION" means any revision, modification, patch, fix,
alteration, correction, revision, or any other change to the Equipment, except
for Equipment Feature Enhancements.
1.15. "HANDSPRING PERSONNEL" means any employees, subcontractors or agents of
Handspring who perform Services, act on Handspring's behalf, or are paid by
Handspring in connection with this Agreement.
1.16. "HANDSPRING PERSONNEL COMPENSATION" means wages, salaries, fringe benefits
and other compensation, including contributions to any employee benefit, medical
or savings plan and all payroll taxes, unemployment compensation benefits,
including withholding obligations.
1.17. "HANDSPRING MARKS" means those Handspring trademarks, trade names, logos,
designations and trade dress elements used in connection with a specific Product
or the related packaging, marketing and/or advertising campaigns, and identified
in the applicable Contract Addendum associated with that Product.
153504
|
PalmSource
As referenced in this Master Purchase Agreement for Subscriber Equipment:
PalmSource, Inc. – Commission. Such portions are omitted from this filing
and filed separately with the Securities and Exchange Commission.
49
{PAGE}
12. SPECIAL PALM TERMS.
(a) Palm Trademark Ownership. Sprint acknowledges that PalmSource, Inc.
("Palm") owns exclusive rights in the "Palm Trademarks" identified below. Sprint
will not use PALM as part of any of its product, service, domain or company
names and will
_____________
dt 1543771
;
PalmSource
As referenced in this Master Purchase Agreement for Subscriber Equipment:
PalmSource, Inc. – Commission. Such portions are omitted from this filing
and filed separately with the Securities and Exchange Commission.
49
{PAGE}
12. SPECIAL PALM TERMS.
(a) Palm Trademark Ownership. Sprint acknowledges that PalmSource, Inc.
("Palm") owns exclusive rights in the "Palm Trademarks" identified below. Sprint
will not use PALM as part of any of its product, service, domain or company
names and will
_____________
dt 1543866
;
TOTAL
As referenced in this Master Purchase Agreement for Subscriber Equipment:
TOTAL
--------------- ---------------------------- -----
{S – Commission. Such portions are omitted from this filing
and filed separately with the Securities and Exchange Commission.
47
{PAGE}
PROMOTIONAL FUND SCHEDULE
{TABLE}
{CAPTION}
EVENT/MILESTONE PROMOTIONAL FUND DUE/PAYABLE TOTAL
--------------- ---------------------------- -----
{S } {C} {C}
[*]
{/TABLE}
8. ADDITIONAL PRODUCT FOR INITIAL RELEASE OF LONDON. The parties agree to
negotiate terms and conditions, including pricing, under which Sprint may
purchase (for one time
_____________
dt 1394305
;
| Sprint Spectrum L.P.;
Handspring Inc.
|
| Preview
Subscribers | 2003 |
Purchase and Sale Agreement
Purchase and Sale Agreement (167K)
Doc #171290: Click preview link for longer preview.
PURCHASE AND SALE AGREEMENT made as of November 10, 2003, between 1185
SIXTH LLC, a limited liability company organized and existing under the laws of
the State of Delaware having an office c/o The Chetrit Group LLC, 601 West 26th
Street, Suite 3 West, New York, New York 10001 ("Seller"), and RECKSON 1185
AVENUE OF THE AMERICAS LLC, a limited liability company organized and existing
under the laws of the State of Delaware having its principal office c/o Reckson
Associates, 225 Broadhollow Road, Melville, New York 11747 ("Purchaser").
W I T N E S S E T H :
- - - - - - - - - -
Robert Cronheim, Howard Dornbusch, Phyllis Firtel et al., as Landlord,
and Fisher Brothers 47th Co., as Tenant, entered into that certain Lease, dated
May 3, 1968, a memorandum of which was recorded in Liber 328 page 340 et seq.
with the Register of the City of New York, New York County (the "Register"),
which Lease was modified by a Modification Agreement among Robert Cronheim,
Howard Dornbusch, Phyllis Firtel et al., as Landlord, and Fisher Brothers 47th
Co., as Tenant, recorded with the Register in Reel 151 page 1175 et seq.; which
Lease as so modified was amended and restated in its entirety by that certain
Modified, Amended and Restated Lease, dated September 17, 1969, among Robert
Cronheim, Howard Dornbusch, Phyllis Firtel et al., as Landlord, and Fisher
Brothers 47th Co., as Tenant, which Modified, Amended and Restated Lease was
recorded with the Register in Reel 417 page 814 et seq. and modified by Lease
Modification Agreement, made as of December 15, 1977, among Robert Cronheim,
Howard Dornbusch, Phyllis Firtel et al., as Landlord, and Fisher Brothers 47th
Co., as Tenant, which Lease Modification Agreement was recorded with the
Register in Reel 425 page 1057 et seq. and Reel 428 page 919 et seq. (such Lease
and Modified, Amended and Restated Lease as so modified, being hereinafter
referred to as the "Ground Lease"). The Ground Lease encumbers certain premises
(the "Ground Lease Parcels") on the west side of Avenue of the Americas between
West 46th Street and West 47th Street in Manhattan, New York.
Fisher Brothers 47th Co., also owned in fee simple certain other
premises (the "Fee Parcels") which adjoin the Ground Lease Parcels on the west
and lie between West 46th Street and West 47th Street.
Fisher Brothers 47th Co. leased the Fee Parcels to Robert Cronheim,
Howard Dornbusch, Phyllis Firtel et al., the landlord under the Ground Lease,
pursuant to that certain Agreement of Lease, made as of September 17, 1969, a
memorandum of which Agreement of Lease was recorded with the Register in Reel
151 page 1148 et seq. and which Agreement of Lease was recorded with the
Register of the City of New York in Reel 417 page 931 et seq. and modified by
Lease Modification Agreement, made as of December 15, 1977, among Fisher
Brothers 47th Co. and Robert Cronheim, Howard Dornbusch, Phyllis Firtel et al.,
which Lease Modification Agreement was recorded with the Register in Reel 425
page 1074 et seq. and Reel 428 page 938 et seq. (such Agreement of Lease as so
modified, being hereinafter referred to as the "Century-Oland Lease"). Robert
Cronheim, Howard Dornbusch, Phyllis Firtel et al. then, in turn, subleased the
Fee Parcels back to Fisher Brothers 47th Co. pursuant to the Ground Lease.
1
{PAGE}
Seller is the current owner of fee title to the Fee Parcels, the
subleasehold estate in the Fee Parcels under the Ground Lease and the leasehold
estate in the Ground Lease Parcels under the Ground Lease.
Seller desires to sell and Purchaser desires to purchase Seller's estates under
the Ground Lease and the Century-Oland Lease and the fee simple title to the Fee
Parcels.
NOW, THEREFORE, in consideration of the premises and mutual covenants herein
contained, the parties hereto agree as follows:
1. DEFINITIONS AND USAGE.
----------------------
1.1 The following terms used herein shall have the meanings hereinafter
ascribed to them:
(a) "Acceptable Title" means such title to the fee simple title to the
Fee Parcels or the leasehold estate in and to the Ground Lease, as the case may
be, as any Reputable Title Insurance Company licensed to conduct business in the
State of New York would be willing to insure to Purchaser without exception
other than the Permitted Title Exceptions and the standard preprinted exclusions
and general conditions customary in an owner's title insurance policy issued in
the State of New York. For all purposes under this Agreement, "Reputable Title
Insurance Company" shall mean Chicago Title Insurance Company, LandAmerica Title
Insurance Company, Commonwealth Land Title Insurance Company and/or First
American Title Insurance Company.
(b) "Building" means the building known as 1185 Avenue of the Americas,
New York, New York.
(c) "Building and other Improvements" means the Building, structures
and all other physical improvements constructed on the Premises or any portions
thereof.
(d) "Business Days" shall mean all days, excluding Saturdays, Sundays
and all days observed by banks in the State of New York sitting in the County of
New York as legal holidays.
(e) "Century-Oland Lease" means that certain Agreement of Lease, made
as of September 17, 1969, among Fisher Brothers 47th Co., as Lessor, and Robert
Cronheim, Howard Dornbusch, Phyllis Firtel et al., as Lessee, a memorandum of
which Agreement of Lease was recorded with the Register in Reel 151 page 1148 et
seq. and which Agreement of Lease was recorded with the Register of the City of
New York in Reel 417 page 931 et seq. and modified by Lease Modification
Agreement, made as of December 15, 1977, among Fisher Brothers 47th Co.,
171290
|
Amerada Hess
As referenced in this Purchase and Sale Agreement:
Amerada Hess Corp – Owner or the lessee under the Century-Oland
Lease may reasonably request);
(r) estoppel certificates from (i) King & Spalding LLP, Fleet
National Bank, Amerada Hess Corp oration, WestPoint, (which may be incorporated
in the settlement agreement with WestPoint, discussed in Section 8.1(a) and
which the Purchaser agrees
_____________
dt 94545
;
C&W
As referenced in this Purchase and Sale Agreement:
Cushman & Wakefield, Inc – such union or collective
bargaining contract. This provision shall survive Closing. Seller has advised
Purchaser that Seller has heretofore retained Kaye Scholer LLP ("Kaye Scholer"),
Michael Kwartler and Associates ("Kwartler"), Cushman & Wakefield, Inc . ("C&W")
and Albert Valuation Group New York, Inc. ("Albert Valuation") as Seller's
attorneys, consulting architect, arbitrator and appraiser in connection with the
forthcoming arbitration to determine the
_____________
dt 1360768
;
 Fleet National
As referenced in this Purchase and Sale Agreement:
Fleet
National Bank, – as the Fee Owner or the lessee under the Century-Oland
Lease may reasonably request);
(r) estoppel certificates from (i) King & Spalding LLP, Fleet
National Bank, Amerada Hess Corporation, WestPoint, (which may be incorporated
in the settlement agreement with WestPoint, discussed in Section 8.1(a) and
which
_____________
dt 104011
;
|
Wachovia Bank
As referenced in this Purchase and Sale Agreement:
Wachovia Bank – mortgages encumbering the premises
demised by the Garage Lease or any Garage Sublease of such premises;
(xxi) Subordination and Non-Disturbance agreements from
Wachovia Bank National Association or any prior mortgagee given in
connection with any of the Leases.
(xxii) Terms, Covenants, Conditions and Provisions of
Declaration made
_____________
Wachovia Bank, – the obligations of the borrower
accruing from and after the Closing Date under (i) that certain mortgage loan
encumbering the Property made by Wachovia Bank, National Association in the
12
{PAGE}
aggregate outstanding principal amount of Two Hundred Two Million
($202,000,000.00) Dollars (the "Existing
_____________
dt 88850
;
 Fried Frank
As referenced in this Purchase and Sale Agreement:
Fried Frank – Jason Barnett, Esq., General Counsel
Telecopier Number: (631) 694-6784
with a copy to counsel:
Fried Frank Harris Shriver & Jacobson
One New York Plaza
New York, New York 10004
Attention: Joshua Mermelstein,
dt 36739
;
More... |
| Preview
Subscribers | 2003 |
Purchase and Sale Agreement
Purchase and Sale Agreement (538K)
Doc #173822: Click preview link for longer preview.
PURCHASE AND SALE AGREEMENT
between
ATLAS PIPELINE PARTNERS, L.P.
and
SEMCO ENERGY, INC.
Dated as of September 16, 2003
{PAGE}
TABLE OF CONTENTS
ARTICLE I Definitions..............................................1
Section 1.1. Defined terms...........................................1
Section 1.2. Construction............................................9
ARTICLE II Sale and Purchase........................................9
Section 2.1. Sale and Purchase of Company Equity Interests...........9
Section 2.2. Conversion of Company to Limited Liability Company.....10
ARTICLE III Purchase Price..........................................10
Section 3.1. Purchase Price.........................................10
Section 3.2. Purchase Price Adjustment..............................10
ARTICLE IV Representations and Warranties of Seller................11
Section 4.1. Corporate Status; Power and Authority..................11
Section 4.2. Duly Executed..........................................12
Section 4.3. Qualification..........................................12
Section 4.4. Consent................................................13
Section 4.5. Capitalization of the Company; Title to Company
Equity Interests......................13
Section 4.6. Sufficiency of Company Assets; Title to Company
Assets................................13
Section 4.7. No Breach, Etc.........................................14
Section 4.8. Financial Statements; Material Liabilities;
Undisclosed Liabilities...................14
Section 4.9. Changes, etc...........................................15
Section 4.10. Environmental Laws.....................................15
Section 4.11. Personal Property......................................16
Section 4.12. Certain Regulatory Matters.............................16
Section 4.13. Material Contracts.....................................17
Section 4.14. Litigation.............................................17
Section 4.15. Rights-of-Way..........................................18
Section 4.16. Employee Matters.......................................18
Section 4.17. Insurance..............................................18
Section 4.18. Patents; Trademarks; Etc...............................18
Section 4.19. Indemnity Claim........................................19
Section 4.20. Books and Records; Other Information...................19
Section 4.21. Brokers................................................19
ARTICLE V Representations and Warranties of Purchaser.............19
Section 5.1. Corporate Status; Power and Authority..................19
Section 5.2. Power; Duly Executed...................................19
Section 5.3. Qualification..........................................19
Section 5.4. Governmental Consent...................................20
Section 5.5. Brokers................................................20
Section 5.6. Financial Arrangements of Purchaser....................20
Section 5.7. Purchaser Qualification................................20
{PAGE}
ARTICLE VI Covenants and Certain Actions of the Parties............20
Section 6.1. Obligations of Seller..................................20
Section 6.2. Obligations of Purchaser...............................25
Section 6.3. Insurance..............................................26
Section 6.4. Cooperation by Seller..................................26
Section 6.5. Certain Title Curative Work............................27
ARTICLE VII Approvals; Commercially Reasonable Efforts..............27
Section 7.1. Approvals; Commercially Reasonable Efforts.............27
ARTICLE VIII Conditions Precedent....................................28
Section 8.1. Closing Conditions.....................................28
Section 8.2. Hart-Scott-Rodino Compliance...........................28
Section 8.3. Conditions to Obligations of Seller....................28
Section 8.4. Conditions to Obligations of Purchaser.................30
ARTICLE IX Closing.................................................32
Section 9.1. Closing................................................32
ARTICLE X Termination.............................................32
Section 10.1. Termination............................................32
Section 10.2. Limitation on Right to Terminate; Effect of
Termination............33
ARTICLE XI Taxes...................................................34
Section 11.1. Seller Tax Representations and Warranties..............34
Section 11.2. Tax Covenants and Indemnification......................35
ARTICLE XII Indemnification.........................................37
Section 12.1. Indemnification........................................37
Section 12.2. Disclaimer Regarding Transmission Business.............41
ARTICLE XIII Miscellaneous...........................................42
Section 13.1. Modification...........................................42
Section 13.2. Entire Agreement.......................................42
Section 13.3. Expenses...............................................42
Section 13.4. Extension and Waiver...................................42
Section 13.5. Further Actions........................................42
Section 13.6. Notices................................................42
Section 13.7. Assignment.............................................44
Section 13.8. No Third Party Beneficiaries...........................44
Section 13.9. Severability...........................................44
Section 13.10. Counterparts...........................................44
Section 13.11. Applicable Law; Alternative Dispute Resolution.........44
Section 13.12. Publicity..............................................45
ii
{PAGE}
EXHIBITS
Exhibit A......Operation and Maintenance and Administrative Services Agreement
Exhibit B......Special Contract for Gas Transportation
Exhibit C......Gas Transmission Agreement
Exhibit D......Bill of Sale and Assignment Agreement
Exhibit E......Limited Liability Company Agreement
Exhibit F......Gas Control Agreement
Exhibit G......Tower License
Exhibit H......Reciprocal Easement and Joint Use Agreement
iii
{PAGE}
PURCHASE AND SALE AGREEMENT
THIS PURCHASE AND SALE AGREEMENT (this "Agreement"), effective as of
September 16, 2003 is by and between SEMCO Energy, Inc., a Michigan corporation,
and Atlas Pipeline Partners, L.P., a Delaware limited partnership.
WITNESSETH:
WHEREAS, Seller owns the Company Common Stock that will be converted
into the Company Equity Interests immediately prior to the Closing; and
WHEREAS, Purchaser desires to purchase, and Seller desires to sell, the
Company Equity Interests subject in all respects to the provisions of this
Agreement.
NOW, THEREFORE, in consideration of the premises and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties hereby agree as follows:
ARTICLE I
Definitions
Section 1.1 Defined terms. As used herein, the following terms have
the following meanings:
"AAA" is defined in Section 13.11(b)(ii).
"Affiliate" means, with respect to any Person, any other Person that
directly or indirectly, through one or more intermediaries, controls, is
controlled by or is under common control with the specified Person. For the
purpose of this definition, "control," when used with respect to any specified
Person, means the possession of the power to direct the management or policies
of the specified Person, directly or indirectly, whether through the ownership
of voting securities, partnership or limited liability company interests, by
contract or otherwise.
"Agreement" means this Purchase and Sale Agreement, as the same may be
amended or modified in writing by the Parties from time to time.
"Base Financial Statements" is defined in Section 4.8(a).
"Bill of Sale and Assignment Agreement" is defined in Section 8.4(k).
"Board of Directors" means the board of directors of Seller or
Purchaser's General Partner, as the case may be, or any duly authorized
committee of that board.
"Business Day" means any day except Saturday, Sunday and any other day
on which banking institutions located in the City of New York, New York are
required or authorized to close.
{PAGE}
"Claim Notice" means a written notice of claim given by a Party seeking
indemnification pursuant to the terms of this Agreement that specifies in
reasonable detail the specific nature of the Losses and the estimated amount of
such Losses.
"Closing" is defined in Section 9.1.
"Closing Date" is defined in Section 9.1.
"Code" means the Internal Revenue Code of 1986, as amended.
"Company" means, prior to the LLC Conversion, Alaska Pipeline Company,
an Alaska corporation, and after the LLC Conversion, Alaska Pipeline Company,
LLC, a Delaware limited liability company.
"Company Assets" means all assets, properties and rights of the
Company.
"Company Common Stock" is defined in Section 4.5.
"Company Equity Interests" means all the outstanding limited liability
company interests of the Company.
"Company Regulatory Financial Statements" is defined in Section 4.8(a).
"Company's Charter Documents" is defined in Section 4.1(b).
"Confidentiality Agreement" is defined in Section 6.1(b)(i).
"Contracts" means all agreements, contracts, subcontracts, leases,
notes, bonds, guarantees, letters of credit, indentures and other legally
binding commitments, whether written or oral, and each amendment, supplement or
modification, whether written or oral, in respect of any of the foregoing to
which (i) the Company is a party, or (ii) by which the Company Assets are bound.
"Data Room" means the presentation materials prepared by Seller to
assist Purchaser in its investigation of the Company and the Transmission
Business and made available to Purchaser in Anchorage, Alaska, together with the
materials included on the CD-ROM provided by Seller to Purchaser and any
materials provided by Seller to Purchaser in response to written supplemental
requests.
"Encumbrance" means any mortgage, pledge, restriction on transfer
(other than any such restriction under applicable law and regulations or as may
be specified in the Company's Charter Documents), proxy or voting or other
similar agreement (other than as may be specified in the Company's Charter
Documents), assessment, security interest, lien, adverse claim, levy, charge or
other legal or equitable encumbrance of any kind.
"Environmental Laws" means any and all Legal Requirements (including
common law) pertaining to the protection of human health (as it relates to
exposure to Hazardous Materials), the environment (including, without
limitation, any generation, use, storage, treatment, Release, or threatened
173822
|
Atlas Pipeline
As referenced in this Purchase and Sale Agreement:
ATLAS PIPELINE PARTNERS, L –
{DOCUMENT}
{TYPE}EX-99
{SEQUENCE}3
{FILENAME}ex99-1.txt
{DESCRIPTION}EXHIBIT 99.1
{TEXT}
{PAGE}
PURCHASE AND SALE AGREEMENT
between
ATLAS PIPELINE PARTNERS, L .P.
and
SEMCO ENERGY, INC.
Dated as of September 16, 2003
{PAGE}
TABLE OF CONTENTS
ARTICLE I Definitions..............................................1
Section 1.1. Defined terms...........................................1
Section 1.2. Construction............................................
_____________
Atlas Pipeline Partners, L – iii
{PAGE}
PURCHASE AND SALE AGREEMENT
THIS PURCHASE AND SALE AGREEMENT (this "Agreement"), effective as of
September 16, 2003 is by and between SEMCO Energy, Inc., a Michigan corporation,
and Atlas Pipeline Partners, L .P., a Delaware limited partnership.
WITNESSETH:
WHEREAS, Seller owns the Company Common Stock that will be converted
into the Company Equity Interests immediately prior to the Closing; and
WHEREAS,
_____________
Atlas Pipeline Partners, L – after the Closing Date, Taxes relating to the portion of
such taxable period up to and including the Closing Date.
"Purchase Price" is defined in Section 3.1.
"Purchaser" means Atlas Pipeline Partners, L .P., a Delaware limited
partnership.
"Purchaser Indemnitees" means Purchaser and its officers, directors,
employees, agents, representatives, Affiliates, subsidiaries (including, after
the Closing, the Company), and their respective successors and
_____________
Atlas Pipeline Partners, L – the address of such Party set forth below. Any
such notice shall be effective upon receipt or three days after placed in the
mail, whichever is earlier.
If to Purchaser:
Atlas Pipeline Partners, L .P.
311 Rouser Road
Moon Township, PA 15108
Attention: President
Telecopy Number: (215) 546-4785
with copies to:
APC Acquisition, LLC
311 Rouser Road
Moon Township, PA 15108
Telecopy
_____________
ATLAS PIPELINE PARTNERS, L – caused this Agreement to be
executed as of the date first above written.
SELLER
SEMCO ENERGY, INC.
By: ____________________________________
Name: Marcus Jackson
Title: Chairman, President and Chief Executive Officer
PURCHASER
ATLAS PIPELINE PARTNERS, L .P.
By: ATLAS PIPELINE PARTNERS GP, LLC
By: __________________________
Name: Michael L. Staines
Title:President
46
{PAGE}
EXHIBIT A
OPERATION AND MAINTENANCE AND
ADMINISTRATIVE SERVICES AGREEMENT
by and between
_____________
dt 1316984
;
ConocoPhillips
As referenced in this Purchase and Sale Agreement:
ConocoPhillips – Shell Oil
Company and Alaska Pipeline Company, as amended and supplemented. (The
current parties to this Agreement are Chevron U.S.A. Inc.,
ConocoPhillips and the Municipality of Anchorage.)
2. Gas Purchase Agreement dated November 26, 1984, between Phillips
Petroleum Company (now ConocoPhillips) and Alaska Pipeline Company,
_____________
ConocoPhillips) – U.S.A. Inc.,
ConocoPhillips and the Municipality of Anchorage.)
2. Gas Purchase Agreement dated November 26, 1984, between Phillips
Petroleum Company (now ConocoPhillips) and Alaska Pipeline Company, as
amended.
3. Gas Purchase Agreement dated May 1, 1988, between Marathon Oil Company
and Alaska Pipeline Company,
_____________
dt 94579
;
SEMCO Energy
As referenced in this Purchase and Sale Agreement:
SEMCO ENERGY, INC. –
{DOCUMENT}
{TYPE}EX-99
{SEQUENCE}3
{FILENAME}ex99-1.txt
{DESCRIPTION}EXHIBIT 99.1
{TEXT}
{PAGE}
PURCHASE AND SALE AGREEMENT
between
ATLAS PIPELINE PARTNERS, L.P.
and
SEMCO ENERGY, INC.
Dated as of September 16, 2003
{PAGE}
TABLE OF CONTENTS
ARTICLE I Definitions..............................................1
Section 1.1. Defined terms...........................................1
Section 1.2. Construction............................................9
ARTICLE II Sale and
_____________
SEMCO Energy, Inc. – H......Reciprocal Easement and Joint Use Agreement
iii
{PAGE}
PURCHASE AND SALE AGREEMENT
THIS PURCHASE AND SALE AGREEMENT (this "Agreement"), effective as of
September 16, 2003 is by and between SEMCO Energy, Inc. , a Michigan corporation,
and Atlas Pipeline Partners, L.P., a Delaware limited partnership.
WITNESSETH:
WHEREAS, Seller owns the Company Common Stock that will be converted
into the Company Equity
_____________
SEMCO Energy, Inc. – electronic, digital, or other storage or back-up
media and retained in the ordinary course of Seller's or any of its Affiliates'
business or the Transmission Business.
"Seller" means SEMCO Energy, Inc. , a Michigan corporation.
"Seller Division" means the ENSTAR Natural Gas Company operating
division of Seller.
"Seller Indemnitees" means Seller and its officers, directors,
employees, agents, representatives, Affiliates, subsidiaries, and
_____________
SEMCO Energy, Inc. – 215) 546-4785
and
Vinson & Elkins L.L.P.
2300 First City Tower
1001 Fannin
Houston, TX 77002-6760
Attention: Douglas Bland
Telecopy Number: (713) 615-5649
If to Seller:
SEMCO Energy, Inc.
405 Water Street
Port Huron, MI 48060
Attention: Gene Dubay
Telecopy Number: (810) 989-4099
with copies to:
SEMCO Energy, Inc.
28470 13 Mile Road
Farmington Hills, MI 48334
_____________
SEMCO Energy, Inc. – Bland
Telecopy Number: (713) 615-5649
If to Seller:
SEMCO Energy, Inc.
405 Water Street
Port Huron, MI 48060
Attention: Gene Dubay
Telecopy Number: (810) 989-4099
with copies to:
SEMCO Energy, Inc.
28470 13 Mile Road
Farmington Hills, MI 48334
Attention: Mark Prendeville
Telecopy Number: (248) 702-6304
and
43
{PAGE}
LeBoeuf, Lamb, Greene & MacRae, L.L.P.
125 West 55th
_____________
dt 1501377
;
|
SEMCO Energy
As referenced in this Purchase and Sale Agreement:
SEMCO ENERGY, INC. –
{DOCUMENT}
{TYPE}EX-99
{SEQUENCE}3
{FILENAME}ex99-1.txt
{DESCRIPTION}EXHIBIT 99.1
{TEXT}
{PAGE}
PURCHASE AND SALE AGREEMENT
between
ATLAS PIPELINE PARTNERS, L.P.
and
SEMCO ENERGY, INC.
Dated as of September 16, 2003
{PAGE}
TABLE OF CONTENTS
ARTICLE I Definitions..............................................1
Section 1.1. Defined terms...........................................1
Section 1.2. Construction............................................9
ARTICLE II Sale and
_____________
SEMCO Energy, Inc. – H......Reciprocal Easement and Joint Use Agreement
iii
{PAGE}
PURCHASE AND SALE AGREEMENT
THIS PURCHASE AND SALE AGREEMENT (this "Agreement"), effective as of
September 16, 2003 is by and between SEMCO Energy, Inc. , a Michigan corporation,
and Atlas Pipeline Partners, L.P., a Delaware limited partnership.
WITNESSETH:
WHEREAS, Seller owns the Company Common Stock that will be converted
into the Company Equity
_____________
SEMCO Energy, Inc. – electronic, digital, or other storage or back-up
media and retained in the ordinary course of Seller's or any of its Affiliates'
business or the Transmission Business.
"Seller" means SEMCO Energy, Inc. , a Michigan corporation.
"Seller Division" means the ENSTAR Natural Gas Company operating
division of Seller.
"Seller Indemnitees" means Seller and its officers, directors,
employees, agents, representatives, Affiliates, subsidiaries, and
_____________
SEMCO Energy, Inc. – 215) 546-4785
and
Vinson & Elkins L.L.P.
2300 First City Tower
1001 Fannin
Houston, TX 77002-6760
Attention: Douglas Bland
Telecopy |