Company: NGVT
Filing Date: 2025-09-04
Form Type: 8-K
Source: 0001493152-25-012603
Chunk: 3

Company: Ingevity Corp
Filing Date: 2025-09-04
Form: 8-K
Item: Item 1.01
Chunk 3
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 Businesses
and grant certain easements and licenses granting Purchaser the right to use portions of Ingevity’s manufacturing facilities located
at 5598 Virginia Avenue, North Charleston, South Carolina 29406 (the “ Plant”) necessary for the operation of the Businesses,
(e) a reciprocal plant operating agreement, with an initial term of 20 years and up to eight successive renewal terms of 10 years each,
pursuant to which Ingevity and Purchaser will provide each other with certain services and other arrangements supporting the operations
of the CTO Refinery and the Plant and (f) an environmental indemnity agreement, which will include mutual indemnification rights and
obligations for each party with respect to certain pre- and post-closing environmental losses that may arise, as well as an indemnity
for environmental losses that may be incurred by either party under certain agreements to be entered into between the parties in connection
with the Transaction.

The
foregoing summary of the Purchase Agreement and the transactions contemplated thereby does not purport to be complete and is subject
to, and qualified in its entirety by, the full text of the Purchase Agreement filed as Exhibit 2.1 hereto and incorporated herein by
reference. The Purchase Agreement contains representations and warranties by each of the parties to the Purchase Agreement, which were
made only for purposes of the Purchase Agreement and as of specified dates (as applicable). The representations, warranties and covenants
in the Purchase Agreement were made solely for the benefit of the parties to the Purchase Agreement, are subject to limitations agreed
upon among the parties, including being qualified by confidential disclosures made for the purposes of allocating contractual risk among
the parties to the Purchase Agreement instead of establishing these matters as facts, and are subject to certain standards of materiality
applicable to the parties that may differ from those applicable to investors. Investors should not rely on the representations, warranties
and covenants or any description thereof as characterizations of the actual state of facts or condition of Ingevity or any of its respective
subsidiaries or affiliates. Moreover, the information concerning the subject matter of the representations, warranties and covenants
may change after the date of the Purchase Agreement, which subsequent information may or may not be fully reflected in Ingevity’s
public disclosures.

Forward-Looking
Statements