EX-10.1



 Exhibit 10.1 

PURCHASE AGREEMENT 

April 6, 2015 
 MERRILL
LYNCH, PIERCE, FENNER & SMITH INCORPORATED 
 As
Representative of the Initial Purchasers 
 One Bryant Park 

New York, New York 10036 
 Ladies and Gentlemen: 

Introductory. Century Communities, Inc., a Delaware corporation (the “Company”), proposes to issue and sell to Merrill
Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”) and the other several Initial Purchasers named in Schedule A (the “Initial Purchasers”), acting severally and not jointly, the respective
amounts set forth in such Schedule A of $60,000,000 aggregate principal amount of the Company’s 6.875% Senior Notes due 2022 (the “Notes”). Merrill Lynch has agreed to act as the representative of the several Initial
Purchasers (the “Representative”) in connection with the offering and sale of the Notes. 
 The Securities (as defined
below) will be issued pursuant to an indenture, dated as of May 5, 2014, as supplemented by the Supplemental Indenture, dated as of December 18, 2014, and the Second Supplemental Indenture, dated as of March 13, 2015 (as supplemented,
the “Base Indenture”), among the Company, the Guarantors (as defined below) and U.S. Bank National Association, as trustee (the “Trustee”), and to be supplemented by the Third Supplemental Indenture, to be dated as
of April 9, 2015, by and among the Company, the Guarantors and the Trustee (the “Supplemental Indenture,” and together with the Base Indenture, the “Indenture”), relating to the issuance of the Securities. 

The Company has previously issued $200,000,000 aggregate principal amount of its 6.875% Senior Notes due 2022 under the Base Indenture (the
“Existing Notes”). The Notes constitute “Additional Securities” (as such term is defined in the Base Indenture). Except as otherwise described in the Pricing Disclosure Package (as defined below) and in the Final Offering
Memorandum (as defined below), the Notes will have identical terms to the Existing Notes and will be treated together with the Existing Notes as a single series of debt securities for all purposes under the Indenture. 

The Notes will be issued only in book-entry form in the name of Cede & Co., as nominee of The Depository Trust Company (the
“Depositary”) pursuant to a letter of representations, to be dated on or before the Closing Date (as defined in Section 2 hereof) (the “DTC Agreement”), among the Company, the Trustee and the Depositary. 

The holders of the Notes will be entitled to the benefits of a registration rights agreement, to be dated as of April 9, 2015 (the
“Registration Rights Agreement”), among the Company, the Guarantors and the Representative, pursuant to which the Company and the Guarantors will be required to file with the Commission (as defined below), under the circumstances
set forth therein, (i) a registration statement under the Securities Act (as defined below) relating to another series of debt securities of the Company with terms substantially identical to the Notes (the “Exchange Notes”) to
be offered in exchange for the Notes (the “Exchange Offer”) and (ii) a shelf registration statement pursuant to Rule 415 of the Securities Act relating to the resale by certain holders of the Notes, and in each case, to use its
commercially reasonable efforts to cause such registration statements to be declared effective. All references herein to the Exchange Notes and the Exchange Offer are only applicable if the Company and the Guarantors are in fact required to
consummate the Exchange Offer pursuant to the terms of the Registration Rights Agreement. 







 The payment of principal of, premium, if any, and interest on the Notes will be fully and
unconditionally guaranteed on a senior unsecured basis, jointly and severally by (i) the entities listed on the signature pages hereof as “Guarantors” and (ii) any subsidiary of the Company formed or acquired after the Closing
Date that executes an additional guarantee in accordance with the terms of the Indenture, and their respective successors and assigns (collectively, the “Guarantors”), pursuant to their guarantees (the
“Guarantees”). The Notes and the Guarantees attached thereto are herein collectively referred to as the “Securities”; and the Exchange Notes and the Guarantees attached thereto are herein collectively referred to as
the “Exchange Securities.” The issuance and sale of the Notes, the issuance of the Guarantees, the repayment of certain borrowings under the Company’s existing credit facilities as described in the Pricing Disclosure Package
(as defined below) and the payment of transaction costs are referred to herein collectively, as the “Transactions.” 
 This
Agreement, the Registration Rights Agreement, the DTC Agreement, the Securities, the Exchange Securities and the Indenture are referred to herein as the “Transaction Documents.” 

The Company understands that the Initial Purchasers propose to make an offering of the Securities on the terms and in the manner set forth
herein and in the Pricing Disclosure Package (as defined below) and agrees that the Initial Purchasers may resell, subject to the conditions set forth herein, all or a portion of the Securities to purchasers (the “Subsequent
Purchasers”) on the terms set forth in the Pricing Disclosure Package (the first time when sales of the Securities are made is referred to as the “Time of Sale”). The Securities are to be offered and sold to or through the
Initial Purchasers without being registered with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933 (as amended, the “Securities Act,” which term, as used herein, includes the
rules and regulations of the Commission promulgated thereunder), in reliance upon exemptions therefrom. Pursuant to the terms of the Securities and the Indenture, investors who acquire Securities shall be deemed to have agreed that Securities may
only be resold or otherwise transferred, after the date hereof, if such Securities are registered for sale under the Securities Act or if an exemption from the registration requirements of the Securities Act is available (including the exemptions
afforded by Rule 144A under the Securities Act (“Rule 144A”) or Regulation S under the Securities Act (“Regulation S”)). 

The Company has prepared and delivered to each Initial Purchaser copies of a Preliminary Offering Memorandum, dated April 6, 2015 (the
“Preliminary Offering Memorandum”), and has prepared and delivered to each Initial Purchaser copies of a Pricing Supplement, dated April 6, 2015 (the “Pricing Supplement”), describing the terms of the
Securities, each for use by such Initial Purchaser in connection with its solicitation of offers to purchase the Securities. The Preliminary Offering Memorandum and the Pricing Supplement are herein referred to as the “Pricing Disclosure
Package.” Promptly after this Agreement is executed and delivered, the Company will prepare and deliver to each Initial Purchaser a final offering memorandum dated the date hereof (the “Final Offering Memorandum”). 

All references herein to the terms “Pricing Disclosure Package” and “Final Offering Memorandum” shall be deemed to mean
and include all information filed under the Securities Exchange Act of 1934 (as amended, the “Exchange Act,” which term, as used herein, includes the rules and regulations of the Commission promulgated thereunder) prior to the Time
of Sale and incorporated by reference in the Pricing Disclosure Package (including the Preliminary Offering Memorandum) or the Final Offering Memorandum (as the case may be), and all references herein to the terms “amend,”
“amendment” or “supplement” with respect to the Final Offering Memorandum shall be deemed to mean and include all information filed under the Exchange Act after the Time of Sale and incorporated by reference in the
Final Offering Memorandum. 

  
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 The Company hereby confirms its agreements with the Initial Purchasers as follows: 

SECTION 1. Representations and Warranties. Each of the Company and the Guarantors, jointly and severally, hereby represents, warrants
and covenants to each Initial Purchaser that, as of the date hereof and as of the Closing Date (references in this Section 1 to the “Offering Memorandum” are to (x) the Pricing Disclosure Package in the case of
representations and warranties made as of the date hereof and (y) the Pricing Disclosure Package and the Final Offering Memorandum in the case of representations and warranties made as of the Closing Date): 

(a) No Registration Required. Subject to compliance by the Initial Purchasers with the representations and warranties set forth in
Section 2 hereof and with the procedures set forth in Section 7 hereof, it is not necessary in connection with the offer, sale and delivery of the Securities to the Initial Purchasers and to each Subsequent Purchaser in the manner
contemplated by this Agreement and the Offering Memorandum to register the Securities under the Securities Act or, until such time as the Exchange Securities are issued pursuant to an effective registration statement, to qualify the Indenture under
the Trust Indenture Act of 1939 (the “Trust Indenture Act,” which term, as used herein, includes the rules and regulations of the Commission promulgated thereunder). 

(b) No Integration of Offerings or General Solicitation. None of the Company, its affiliates (as such term is defined in Rule 501(b)
under the Securities Act) (each, an “Affiliate”), or any person acting on its or any of their behalf (other than the Initial Purchasers, as to whom the Company and the Guarantors make no representation or warranty) has, directly or
indirectly, solicited any offer to buy or offered to sell, or will, directly or indirectly, solicit any offer to buy or offer to sell, in the United States or to any United States citizen or resident, any security which is or would be integrated
with the sale of the Securities in a manner that would require the Securities to be registered under the Securities Act. None of the Company, its Affiliates, or any person acting on its or any of their behalf (other than the Initial Purchasers, as
to whom the Company and the Guarantors make no representation or warranty) has engaged or will engage, in connection with the offering of the Securities, in any form of general solicitation or general advertising within the meaning of Rule 502(c)
under the Securities Act (each, a “General Solicitation”). With respect to those Securities sold in reliance upon Regulation S, (i) none of the Company, its Affiliates or any person acting on its or their behalf (other than the
Initial Purchasers, as to whom the Company and the Guarantors make no representation or warranty) has engaged or will engage in any directed selling efforts within the meaning of Regulation S and (ii) each of the Company and its Affiliates and
any person acting on its or their behalf (other than the Initial Purchasers, as to whom the Company and the Guarantors make no representation or warranty) has complied and will comply with the offering restrictions set forth in Regulation S to the
extent applicable. 
 (c) Eligibility for Resale under Rule 144A. The Securities are eligible for resale pursuant to Rule 144A and
will not be, at the Closing Date, of the same class as securities listed on a national securities exchange registered under Section 6 of the Exchange Act or quoted in a U.S. automated interdealer quotation system. 

(d) The Pricing Disclosure Package and Offering Memorandum. Neither the Pricing Disclosure Package, as of the Time of Sale, nor the
Final Offering Memorandum, as of its date or (as amended or supplemented in accordance with Section 3(a), as applicable) as of the Closing Date, contains or represents an untrue statement of a material fact or omits to state a material fact
necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that this representation, warranty and agreement shall not apply to


  
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statements in or omissions from the Pricing Disclosure Package, the Final Offering Memorandum or any amendment or supplement thereto made in reliance upon and in conformity with information
furnished to the Company in writing by any Initial Purchaser through the Representative expressly for use in the Pricing Disclosure Package, the Final Offering Memorandum or amendment or supplement thereto, as the case may be. The Pricing Disclosure
Package contains, and the Final Offering Memorandum will contain, all the information specified in, and meeting the requirements of, Rule 144A. 

(e) Company Additional Communications. The Company and the Guarantors have not prepared, made, used, authorized, approved or
distributed any written communication that constitutes an offer to sell or solicitation of an offer to buy the Securities, other than (i) the Pricing Disclosure Package, (ii) the Final Offering Memorandum and (iii) any electronic road
show or other written communications, in each case used in accordance with Section 3(a). Each such communication by the Company or its agents and representatives pursuant to clause (iii) of the preceding sentence (each, a “Company
Additional Communication”), when taken together with the Pricing Disclosure Package, did not as of the Time of Sale, and at the Closing Date will not, contain any untrue statement of a material fact or omit to state a material fact
necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that this representation, warranty and agreement shall not apply to statements in or omissions from each such
Company Additional Communication made in reliance upon and in conformity with information furnished to the Company in writing by any Initial Purchaser through the Representative expressly for use in any Company Additional Communication. 

(f) The Purchase Agreement. This Agreement has been duly authorized, executed and delivered by the Company and the Guarantors. 

(g) The Registration Rights Agreement and DTC Agreement. The Registration Rights Agreement has been duly authorized by the Company and
the Guarantors and, on the Closing Date, will have been duly executed and delivered by, and will constitute a valid and binding agreement of, the Company and the Guarantors, enforceable in accordance with its terms, except as the enforcement thereof
may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles and except as rights to indemnification may be limited by
applicable law. The DTC Agreement has been duly authorized and, on the Closing Date, will have been duly executed and delivered by, and will constitute a valid and binding agreement of, the Company, enforceable in accordance with its terms, except
as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles. 

(h) Authorization of the Notes, the Guarantees and the Exchange Notes. The Notes to be purchased by the Initial Purchasers from the
Company will on the Closing Date be in the form contemplated by the Indenture, have been duly authorized by the Company for issuance and sale pursuant to this Agreement and the Indenture and, at the Closing Date, will have been duly executed by the
Company and, when authenticated in the manner provided for in the Indenture and delivered against payment of the purchase price therefor, will constitute valid and binding obligations of the Company, enforceable in accordance with their terms,
except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles and will be entitled to the
benefits of the Indenture. The Exchange Notes have been duly and validly authorized for issuance by the Company, and when issued and authenticated in accordance with the terms of the Indenture, the Registration Rights Agreement and the Exchange
Offer, will constitute valid and binding obligations of the Company, enforceable against the Company in accordance with their terms, except as the enforcement thereof may 

  
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be limited by bankruptcy, insolvency, reorganization, moratorium, or similar laws relating to or affecting enforcement of the rights and remedies of creditors or by general principles of equity
and will be entitled to the benefits of the Indenture. The Guarantees of the Notes on the Closing Date and the Guarantees of the Exchange Notes when issued will be in the respective forms contemplated by the Indenture and have been duly authorized
by the Guarantors for issuance pursuant to this Agreement and the Indenture; the Guarantees of the Notes, at the Closing Date, will have been duly executed by each of the Guarantors and, when the Notes have been authenticated in the manner provided
for in the Indenture and issued and delivered against payment of the purchase price therefor, the Guarantees of the Notes will constitute valid and binding agreements of the Guarantors; and, when the Exchange Notes have been authenticated in the
manner provided for in the Indenture and issued and delivered in accordance with the Registration Rights Agreement, the Guarantees of the Exchange Notes will constitute valid and binding agreements of the Guarantors, in each case, enforceable in
accordance with their terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable
principles and will be entitled to the benefits of the Indenture. 
 (i) Authorization of the Indenture. The Supplemental Indenture
has been duly authorized by the Company and the Guarantors and, at the Closing Date, will have been duly executed and delivered by the Company and the Guarantors and will constitute a valid and binding agreement of the Company and the Guarantors,
enforceable against the Company and the Guarantors in accordance with its terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and
remedies of creditors or by general equitable principles. The Base Indenture has been duly authorized by the Company and the Guarantors and has been duly executed and delivered by the Company and the Guarantors and, together with the Supplemental
Indenture, will constitute a valid and binding agreement of the Company and the Guarantors, enforceable against the Company and the Guarantors in accordance with its terms, except as the enforcement thereof may be limited by bankruptcy, insolvency,
reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles. 

(j) Description of the Transaction Documents. The Transaction Documents will conform in all material respects to the respective
statements relating thereto contained in the Offering Memorandum. 
 (k) No Material Adverse Change. Except as otherwise disclosed
in the Offering Memorandum (exclusive of any amendment or supplement thereto), subsequent to the respective dates as of which information is given in the Offering Memorandum (exclusive of any amendment or supplement thereto): (i) there has been
no material adverse change, or any development that could reasonably be expected to result in a material adverse change, on (x) the business, condition (financial or otherwise), results of operations or prospects of the Company and its
subsidiaries, taken as a whole, or (y) the consummation of the transactions contemplated by the Pricing Disclosure Package or the Final Offering Memorandum (any such change is called a “Material Adverse Change”); (ii) the
Company and its subsidiaries, considered as one entity, have not incurred any material liability or obligation, indirect, direct or contingent, not in the ordinary course of business nor entered into any material transaction or agreement not in the
ordinary course of business; and (iii) there has been no dividend or distribution of any kind declared, paid or made by the Company or, except for dividends paid to the Company or other subsidiaries, any of its subsidiaries on any class of
capital stock or other ownership interest or repurchase or redemption by the Company or any of its subsidiaries of any class of capital stock. 

(l) Independent Accountants. Each of Ernst & Young LLP, independent registered public accounting firm for the Company and the
Guarantors, and BDO USA, LLP, 

  
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independent registered public accounting firm for Las Vegas Land Holdings, LLC and Peachtree Communities Group, Inc., which has expressed its opinions with respect to the financial statements
(which term as used in this Agreement includes the related notes thereto) and supporting schedules of the Company and Las Vegas Land Holdings, LLC and Peachtree Communities Group, Inc., respectively, included or incorporated by reference in the
Offering Memorandum, is an independent registered public accounting firm within the meaning of the Securities Act, the Exchange Act and the rules of the Public Company Accounting Oversight Board, and any non-audit services provided by
Ernst & Young LLP and BDO USA, LLP to the Company or any of the Guarantors have been approved by the Audit Committee of the Board of Directors of the Company. 

(m) Preparation of the Financial Statements. The financial statements, together with the related schedules and notes, included in the
Offering Memorandum present fairly in all material respects the consolidated financial position of the entities to which they relate as of and at the dates indicated and the results of their operations and cash flows for the periods specified. Such
financial statements have been prepared in conformity with generally accepted accounting principles as applied in the United States (“GAAP”) applied on a consistent basis throughout the periods involved, except as may be expressly
stated in the related notes thereto. The financial data set forth in the Offering Memorandum under the captions “Summary–Summary of Selected Financial Data” and “Selected Financial Data” fairly present in all material
respects the information set forth therein on a basis consistent with that of the audited financial statements contained in the Offering Memorandum. The pro forma consolidated financial data of the Company and its subsidiaries and the related notes
thereto included under the caption “Summary–Summary of Selected Financial Data,” “Selected Financial Data” and elsewhere in the Offering Memorandum present fairly in all material respects the information contained therein
and have been properly presented on the bases described therein, and the assumptions used in the preparation thereof are reasonable and the adjustments used therein are appropriate to give effect to the transactions and circumstances referred to
therein. The statistical and market-related data and forward-looking statements included in the Offering Memorandum are based on or derived from sources that the Company
and its subsidiaries believe to be reliable and accurate in all material respects and represent their good faith estimates that are made on the basis of data derived from such sources. The interactive data in eXtensible Business Reporting Language
included or incorporated by reference in the Offering Memorandum and the Pricing Disclosure Package fairly present the information called for in all material respects and have been prepared in accordance with the Commission’s rules and
guidelines applicable thereto. 
 (n) Incorporation and Good Standing of the Company and its Guarantors. Each of the Company and the
Guarantors has been duly incorporated or formed, as applicable, and is validly existing as a corporation, limited partnership or limited liability company, as applicable, in good standing under the laws of the jurisdiction of its incorporation or
formation, as applicable, and has corporate, partnership or limited liability company, as applicable, power and authority to own, lease and operate its properties and to conduct its business as described in the Offering Memorandum and, in the case
of the Company and the Guarantors, to enter into and perform their obligations under each of the Transaction Documents to which it is a party. Each of the Company and each Guarantor is duly qualified as a foreign corporation, limited partnership or
limited liability company, as applicable, to transact business and is in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except for
such jurisdictions where the failure to so qualify or to be in good standing would not, individually or in the aggregate, result in a Material Adverse Change. All of the issued and outstanding capital stock or other ownership interest of each
Guarantor has been duly authorized and validly issued, is fully paid and nonassessable and is owned by the Company, directly or through subsidiaries, free and clear of any security interest, mortgage, pledge, lien, encumbrance or claim, except as
disclosed in the Offering Memorandum. The Company does not own or control, directly or indirectly, any corporation, association or other entity other than the subsidiaries listed in Exhibit B hereto. All of the Company’s subsidiaries


  
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that are not also Guarantors are dormant non-operating subsidiaries with no operations or assets and such subsidiaries are, individually and in the aggregate with all other non-Guarantor
subsidiaries, immaterial to the Company. 
 (o) Capitalization and Other Capital Stock Matters. At December 31, 2014, on a
consolidated basis, after giving pro forma effect to the issuance and sale of the Securities pursuant hereto, the Company would have an authorized and outstanding capitalization as set forth in the Offering Memorandum under the caption
“Capitalization” (other than for subsequent issuances of capital stock, if any, pursuant to employee benefit plans described in the Offering Memorandum or upon exercise of outstanding options described in the Offering Memorandum). All of
the outstanding shares of common stock of the Company (the “Common Stock”) have been duly authorized and validly issued, are fully paid and nonassessable and have been issued in compliance with federal and state securities laws.
None of the outstanding shares of Common Stock were issued in violation of any preemptive rights, rights of first refusal or other similar rights to subscribe for or purchase securities of the Company. There are no authorized or outstanding options,
warrants, preemptive rights, rights of first refusal or other rights to purchase, or equity or debt securities convertible into or exchangeable or exercisable for, any capital stock of the Company or any of its subsidiaries other than those
accurately described in the Offering Memorandum. The description of the Company’s stock option, stock bonus and other stock plans or arrangements, and the options or other rights granted thereunder, in the Offering Memorandum accurately and
fairly describes, in all material respects, such plans, arrangements, options and rights. 
 (p) Non-Contravention of Existing
Instruments; No Further Authorizations or Approvals Required. Neither the Company nor any of its subsidiaries is (i) in violation of its charter, bylaws or other constitutive document or (ii) in default (or, with the giving of notice
or lapse of time, would be in default) (“Default”) under any indenture, mortgage, loan or credit agreement, note, contract, franchise, lease or other instrument to which the Company or any of its subsidiaries is a party or by which
it or any of them may be bound (including, without limitation, the Base Indenture and the Company’s Credit Agreement, dated October 21, 2014, with Texas Capital Bank, National Association), or to which any of the property or assets of
the Company or any of its subsidiaries is subject (each, an “Existing Instrument”), except, in the case of clause (ii) above, for such Defaults as would not, individually or in the aggregate, result in a Material Adverse
Change. The execution, delivery and performance of the Transaction Documents by the Company and the Guarantors party thereto, and the issuance and delivery of the Securities and the Exchange Securities, and consummation of the transactions
contemplated hereby and thereby and by the Offering Memorandum (i) have been duly authorized by all necessary corporate or other action and will not result in any violation of the provisions of the charter, bylaws or other constitutive document
of the Company or any subsidiary, (ii) will not conflict with or constitute a breach of, or Default or a Debt Repayment Triggering Event (as defined below) under, or result in the creation or imposition of any lien, charge or encumbrance upon
any property or assets of the Company or any of its subsidiaries pursuant to, or require the consent of any other party to, any Existing Instrument, except for such conflicts, breaches, Defaults, liens, charges or encumbrances as would not,
individually or in the aggregate, result in a Material Adverse Change and (iii) will not result in any violation of any law, administrative regulation or administrative or court decree applicable to the Company or any subsidiary, except for
such violations as would not, individually or in the aggregate, result in a Material Adverse Change. No consent, approval, authorization or other order of, or registration or filing with, any court or other governmental or regulatory authority or
agency is required for the execution, delivery and performance of the Transaction Documents by the Company and the Guarantors to the extent a party thereto, or the issuance and delivery of the Securities or the Exchange Securities, or consummation
of the transactions contemplated hereby and thereby and by the Offering Memorandum, except such as have been obtained or made by the Company and the Guarantors and are in full force and effect under the Securities Act, under applicable securities
laws of the several states of the United States or provinces of Canada and except such as may be required by the federal securities laws or 

  
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the securities laws of the several states of the United States or provinces of Canada with respect to the Company’s obligations under the Registration Rights Agreement. As used herein, a
“Debt Repayment Triggering Event” means any event or condition which gives, or with the giving of notice or lapse of time would give, the holder of any note, debenture or other evidence of indebtedness (or any person acting on such
holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries. 

(q) No Material Actions or Proceedings. Other than as described in the Pricing Disclosure Package and the Final Offering Memorandum,
there are no legal or governmental actions, suits or proceedings pending or, to the Company’s and the Guarantors’ knowledge, threatened (i) against or affecting the Company or any of its subsidiaries or (ii) which has as the
subject thereof any property owned or leased by, the Company or any of its subsidiaries and which (in the case of clauses (i) or (ii)), if determined adversely to the Company or such subsidiary, would result in a Material Adverse Change or
adversely affect the consummation of the transactions contemplated by this Agreement. No material labor dispute with the employees of the Company or any of its subsidiaries exists or, to the Company’s and the Guarantors’ knowledge, is
threatened or imminent. 
 (r) Intellectual Property Rights. The Company and its subsidiaries own or possess sufficient trademarks,
trade names, patent rights, copyrights, licenses, approvals, trade secrets and other similar rights (collectively, “Intellectual Property Rights”) reasonably necessary to conduct their businesses as now conducted; and the expected
expiration of any of such Intellectual Property Rights would not result in a Material Adverse Change. Neither the Company nor any of its subsidiaries has received any notice of infringement or conflict with asserted Intellectual Property Rights of
others, which infringement or conflict, if the subject of an unfavorable decision, would result in a Material Adverse Change. 
 (s) All
Necessary Permits, etc. The Company and each subsidiary possess such valid and current certificates, authorizations or permits issued by the appropriate state, federal or foreign regulatory agencies or bodies necessary to own, lease and operate
its properties and to conduct their respective businesses, except to the extent that any failure to have such certificates, authorizations or permits would reasonably be expected, singly or in the aggregate, to result in a Material Adverse Change.
Neither the Company nor any subsidiary has received any notice of proceedings relating to the revocation or modification of, or non-compliance with, any such certificate, authorization or permit which, singly or in the aggregate, if the subject of
an unfavorable decision, ruling or finding, would result in a Material Adverse Change. 
 (t) Title to Properties. The Company and
each of its subsidiaries has good legal, valid and defensible title to all the properties and assets reflected as owned in the financial statements referred to in Section 1(m) hereof (or elsewhere in the Offering Memorandum), in each case free
and clear of any security interests, mortgages, liens, encumbrances, equities, claims and other defects, except as (i) disclosed in the Offering Memorandum and (ii) such as do not materially and adversely affect the value of such property,
do not materially interfere with the use made or proposed to be made of such property by the Company or such subsidiary, or would not otherwise result in a Material Adverse Change. The real property, improvements, equipment and personal property
held under lease by the Company or any subsidiary are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements,
equipment or personal property by the Company or such subsidiary, and except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of
creditors or by general equitable principles. 

  
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 (u) Tax Law Compliance. Except where such failure to file or pay an assessment, fine or
penalty would not in the aggregate reasonably be expected, individually or in the aggregate, to result in a Material Adverse Change or where such matters have been properly extended or are the result of a pending bona fide dispute with taxing
authorities, the Company and its consolidated subsidiaries have filed all necessary federal, state and foreign income and franchise tax returns or have properly requested extensions thereof and have paid all taxes required to be paid by any of them
and, if due and payable, any related or similar assessment, fine or penalty levied against any of them. The Company has made adequate charges, accruals and reserves in accordance with GAAP in the applicable financial statements referred to in
Section 1(m) hereof in respect of all federal, state and foreign income and franchise taxes for all periods as to which the tax liability of the Company or any of its consolidated subsidiaries has not been finally determined. 

(v) Company and Guarantors Not an “Investment Company.” The Company has been advised of the rules and requirements under the
Investment Company Act of 1940, as amended (the “Investment Company Act,” which term, as used herein, includes the rules and regulations of the Commission promulgated thereunder). Neither the Company nor any Guarantor is, or after
receipt of payment for the Securities will be, an “investment company” within the meaning of the Investment Company Act and will conduct its business in a manner so that it will not become subject to the Investment Company Act. 

(w) Insurance. Each of the Company and its subsidiaries are insured by recognized and, to the knowledge of the Company and the
Guarantors, financially sound institutions with policies in such amounts and with such deductibles and covering such risks as they reasonably believe are generally deemed adequate and customary for their businesses including, without limitation, to
the extent that they reasonably so believe, policies covering real and personal property owned or leased by the Company and its subsidiaries against theft, damage, destruction, acts of vandalism, flood and earthquakes. The Company has no reason to
believe that it or any subsidiary will not be able (i) to renew its existing insurance coverage as and when such policies expire or (ii) to obtain comparable coverage from similar institutions as may be necessary or appropriate to conduct
its business as now conducted and at a cost that would not result in a Material Adverse Change. During the past two years, to the Company’s and the Guarantors’ knowledge, neither the Company nor any subsidiary has been denied any insurance
coverage which it has sought or for which it has applied. 
 (x) No Price Stabilization or Manipulation. None of the Company or any
of the Guarantors has taken or will take, directly or indirectly, any action designed to or that might be reasonably expected to cause or result in stabilization or manipulation of the price of any security of the Company to facilitate the sale or
resale of the Securities. 
 (y) Solvency. Each of the Company and the Guarantors is, and immediately after the Closing Date will
be, Solvent. As used herein, the term “Solvent” means, with respect to any person on a particular date, that on such date (i) the fair market value of the assets of such person is greater than the total amount of liabilities
(including contingent liabilities) of such person, (ii) the present fair salable value of the assets of such person is greater than the amount that will be required to pay the probable liabilities of such person on its debts as they become
absolute and matured, (iii) such person is able to realize upon its assets and pay its debts and other liabilities, including contingent obligations, as they mature and (iv) such person does not have unreasonably small capital. 

(z) Company’s Accounting System. The Company and its subsidiaries maintain a system of accounting controls that is sufficient to
provide reasonable assurances that: (i) transactions are executed in accordance with management’s general or specific authorization; (ii) transactions are recorded as necessary to permit preparation of financial statements in
conformity with 

  
 9 








 
GAAP and to maintain accountability for assets; (iii) access to assets is permitted only in accordance with management’s general or specific authorization; (iv) the recorded
accountability for assets is compared with existing assets at reasonable intervals and appropriate action is taken with respect to any differences; and (v) the interactive data in eXtensible Business Reporting Language included or incorporated
by reference in the Offering Memorandum and the Pricing Disclosure Package fairly present the information called for in all material respects and are prepared in accordance with the Commission’s rules and guidelines applicable thereto. 

(aa) Disclosure Controls and Procedures. The Company has established and maintains disclosure controls and procedures (as such term is
defined in Rules 13a-15 and 15d-15 under the Exchange Act); such disclosure controls and procedures are designed to ensure that material information relating to the Company and its subsidiaries is made known to the chief executive officer and chief
financial officer of the Company by others within the Company or any of its subsidiaries, and such disclosure controls and procedures are reasonably effective to perform the functions for which they were established subject to the limitations of any
such control system; the Company’s auditors and the Audit Committee of the Board of Directors of the Company have been advised of: (i) any significant deficiencies or material weaknesses in the design or operation of internal controls
which could adversely affect the Company’s ability to record, process, summarize, and report financial data; and (ii) any fraud, whether or not material, that involves management or other employees who have a role in the Company’s
internal controls; and since the date of the most recent evaluation of such disclosure controls and procedures, there have been no significant changes in internal controls or in other factors that could significantly affect internal controls,
including any corrective actions with regard to significant deficiencies and material weaknesses. 
 (bb) Regulations T, U, X.
Neither the Company nor any Guarantor nor any of their respective subsidiaries nor any agent thereof acting on their behalf has taken, and none of them will take, any action that might cause this Agreement or the issuance or sale of the
Securities to violate Regulation T, Regulation U or Regulation X of the Board of Governors of the Federal Reserve System. 
 (cc)
Compliance with and Liability Under Environmental Laws. Except as would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Change: (i) each of the Company and its subsidiaries and their
respective operations and facilities are in compliance with, and not subject to any known liabilities under, applicable Environmental Laws, which compliance includes, without limitation, having obtained and being in compliance with any permits,
licenses or other governmental authorizations or approvals, and having made all filings and provided all financial assurances and notices, required for the ownership and operation of the business, properties and facilities of the Company or its
subsidiaries under applicable Environmental Laws, and compliance with the terms and conditions thereof; (ii) neither the Company nor any of its subsidiaries has received any written communication, whether from a governmental authority, citizens
group, employee or otherwise, that alleges that the Company or any of its subsidiaries is in violation of any Environmental Law; (iii) there is no claim, action or cause of action filed with a court or governmental authority, no investigation
with respect to which the Company has received written notice, and no written notice by any person or entity alleging actual or potential liability on the part of the Company or any of its subsidiaries based on or pursuant to any Environmental Law
pending or, to the best of the Company’s and the Guarantors’ knowledge, threatened against the Company or any of its subsidiaries or any person or entity whose liability under or pursuant to any Environmental Law the Company or any of its
subsidiaries has retained or assumed either contractually or by operation of law; (iv) neither the Company nor any of its subsidiaries is conducting or paying for, in whole or in part, any investigation, response or other corrective action
pursuant to any Environmental Law at any site or facility, nor is any of them subject or a party to any order, judgment, decree, contract or agreement which imposes any obligation or liability under any Environmental Law; (v) no lien, charge,
encumbrance or restriction has been recorded pursuant 

  
 10 








 
to any Environmental Law with respect to any assets, facility or property owned, operated or leased by the Company or any of its subsidiaries; and (vi) there are no past or present actions,
activities, circumstances, conditions or occurrences, including, without limitation, the Release or threatened Release of any Material of Environmental Concern, that could reasonably be expected to result in a violation of or liability under any
Environmental Law on the part of the Company or any of its subsidiaries, including without limitation, any such liability which the Company or any of its subsidiaries has retained or assumed either contractually or by operation of law. 

For purposes of this Agreement, “Environment” means ambient air, indoor air, surface water, groundwater, drinking water,
soil, surface and subsurface strata, and natural resources such as wetlands, flora and fauna. “Environmental Laws” means the common law and all federal, state, local and foreign laws or regulations, ordinances, codes, orders,
decrees, judgments and injunctions issued, promulgated or entered thereunder, relating to pollution or protection of the Environment or human health, including without limitation, those relating to (i) the Release or threatened Release of
Materials of Environmental Concern; and (ii) the manufacture, processing, distribution, use, generation, treatment, storage, transport, handling or recycling of Materials of Environmental Concern. “Materials of Environmental
Concern” means any substance, material, pollutant, contaminant, chemical, waste, compound, or constituent, in any form, including without limitation, petroleum and petroleum products, subject to regulation or which can give rise to
liability under any Environmental Law. “Release” means any release, spill, emission, discharge, deposit, disposal, leaking, pumping, pouring, dumping, emptying, injection or leaching into the Environment, or into, from or through
any building, structure or facility. 
 (dd) Periodic Review of Costs of Environmental Compliance. In the ordinary course of its
business, the Company conducts a periodic review of the effect of Environmental Laws on the business, operations and properties of the Company and its subsidiaries, in the course of which it identifies and evaluates associated costs and liabilities
(including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating activities and any
potential liabilities to third parties). On the basis of such review and the amount of its established reserves, if any, the Company has reasonably concluded that such associated costs and liabilities would not, individually or in the aggregate,
result in a Material Adverse Change. 
 (ee) ERISA Compliance. Each “employee benefit plan” (as defined under the Employee
Retirement Income Security Act of 1974 (as amended, “ERISA,” which term, as used herein, includes the regulations and published interpretations thereunder)) established, maintained, contributed to or required to be contributed to by
the Company, its subsidiaries or their ERISA Affiliates (as defined below) (each, a “Benefit Plan”) is in compliance in all material respects with ERISA. “ERISA Affiliate” means, with respect to the Company or a
subsidiary, any member of any group of organizations described in Section 414 of the Internal Revenue Code of 1986 (as amended, the “Code,” which term, as used herein, includes the regulations and published interpretations
thereunder) of which the Company or such subsidiary is a member. No non-exempt “reportable event” (as defined under ERISA) has occurred or is reasonably expected to occur with respect to any Benefit Plan. No “single employer
plan” (as defined in Section 4001 of ERISA) established or maintained by the Company, its subsidiaries or any of their ERISA Affiliates, if such “employee benefit plan” were terminated, would have any “unfunded benefit
liabilities” (as defined under ERISA). Neither the Company, its subsidiaries nor any of their ERISA Affiliates has incurred or reasonably expects to incur any liability under (i) Title IV of ERISA with respect to termination of, or
withdrawal from, any Benefit Plan or (ii) Sections 412, 4971, 4975 or 4980B of the Code. Each Benefit Plan that is intended to be qualified under Section 401 of the Code is subject to a favorable determination letter issued by the Internal
Revenue Service providing that such plan is so qualified and nothing has occurred, whether by action or failure to act, which would cause the loss of such qualification. 

  
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 (ff) Compliance with Labor Laws. Except as would not, individually or in the aggregate,
result in a Material Adverse Change, (i) there is (A) no unfair labor practice complaint pending or, to the best of the Company’s and the Guarantors’ knowledge, threatened against the Company or any of its subsidiaries before the
National Labor Relations Board, and no grievance or arbitration proceeding arising out of or under collective bargaining agreements pending, or to the best of the Company’s and the Guarantors’ knowledge, threatened, against the Company or
any of its subsidiaries, (B) no strike, labor dispute, slowdown or stoppage pending or, to the best of the Company’s and the Guarantors’ knowledge, threatened against the Company or any of its subsidiaries and (C) no union
representation question existing with respect to the employees of the Company or any of its subsidiaries and, to the best of the Company’s and the Guarantors’ knowledge, no union organizing activities taking place and (ii) there has
been no violation of any federal, state or local law relating to discrimination in hiring, promotion or pay of employees or of any applicable wage or hour laws. 

(gg) Related Party Transactions. No relationship, direct or indirect, exists between or among any of the Company or any affiliate of
the Company, on the one hand, and any director, officer, member, stockholder, customer or supplier of the Company or any affiliate of the Company, on the other hand, which is required by the Securities Act to be disclosed in a registration statement
on Form S-1 which is not so disclosed in the Offering Memorandum. There are no outstanding loans, advances (except advances for business expenses in the ordinary course of business) or guarantees of indebtedness by the Company or any affiliate of
the Company to or for the benefit of any of the officers or directors of the Company or any affiliate of the Company or any of their respective family members. 

(hh) No Unlawful Contributions or Other Payments. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company
and the Guarantors, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries is aware of or has taken any action, directly or indirectly, that would result in a violation by such persons of the FCPA, including,
without limitation, making use of the mails or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay or authorization of the payment of any money, or other property, gift, promise to give,
or authorization of the giving of anything of value to any “foreign official” (as such term is defined in the FCPA) or any foreign political party or official thereof or any candidate for foreign political office, in contravention of the
FCPA and the Company, its subsidiaries and, to the knowledge of the Company and the Guarantors, its affiliates have conducted their businesses in compliance with the FCPA and have instituted and maintain policies and procedures designed to ensure,
and which are reasonably expected to continue to ensure, continued compliance therewith. 
 “FCPA” means Foreign Corrupt
Practices Act of 1977, as amended, and the rules and regulations thereunder. 
 (ii) No Default in Senior Indebtedness. No event of
default exists under any contract, indenture, mortgage, loan agreement, note, lease or other agreement or instrument constituting senior Indebtedness (as defined in the Indenture). 

(jj) No Conflict with Money Laundering Laws. The operations of the Company and its subsidiaries are and have been conducted at all
times in compliance with applicable financial recordkeeping and reporting requirements of the Currency and Foreign Transactions Reporting Act of 1970, as amended, the money laundering statutes of all applicable jurisdictions, the rules and
regulations thereunder and any related or similar rules, regulations or guidelines issued, administered or enforced by any governmental agency (collectively, the “Money Laundering Laws”) and no action, suit or proceeding by or
before any court or governmental agency, authority or body or any arbitrator involving the Company or any of its subsidiaries with respect to the Money Laundering Laws is pending or, to the best knowledge of the Company and the Guarantors,
threatened. 

  
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 (kk) No Conflict with Sanctions Laws. Neither the Company nor any of its subsidiaries
nor, to the knowledge of the Company and the Guarantors, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of
the U.S. Treasury Department, the U.S. Department of Commerce, or the U.S. Department of State (collectively, “Sanctions”), nor is the Company or any of its subsidiaries located, organized or resident in a country or territory that
is the subject of Sanctions. The Company will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person, (i) to fund any
activities of or business with any person that, at the time of such funding, is the subject of Sanctions, or is in Cuba, Iran, Libya, North Korea, Sudan or in any other country or territory, that, at the time of such funding, is the subject of
Sanctions, or (ii) in any other manner that will result in a violation by any person (including any person participating in the offering, whether as underwriter, advisor, investor or otherwise) of Sanctions. 

(ll) Stock Options. No stock options have been granted pursuant to the stock-based compensation plans of the Company and its
subsidiaries or otherwise. 
 (mm) Regulation S. The Company, the Guarantors and their respective affiliates and all persons acting
on their behalf (other than the Initial Purchasers, as to whom the Company and the Guarantors make no representation) have complied with and will comply with the offering restrictions requirements of Regulation S in connection with the offering of
the Securities outside the United States and, in connection therewith, the Offering Memorandum will contain the disclosure required by Rule 902. The Securities sold in reliance on Regulation S will be represented upon issuance by a temporary global
security that may not be exchanged for definitive securities until the expiration of the 40-day restricted period referred to in Rule 903 of the Securities Act and only upon certification of beneficial ownership of such Securities by non-U.S.
persons or U.S. persons who purchased such Securities in transactions that were exempt from the registration requirements of the Securities Act. 

(nn) Incorporated Documents. The documents incorporated or deemed to be incorporated by reference in the Offering Memorandum at the
time they were or hereafter are filed with the Commission (collectively, the “Incorporated Documents”) complied and will comply in all material respects with the requirements of the Exchange Act. Each such Incorporated Document,
when taken together with the Pricing Disclosure Package, did not as of the Time of Sale, and at the Closing Date will not, contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements
therein, in the light of the circumstances under which they were made, not misleading. 
 Any certificate signed by an officer of the
Company or any Guarantor and delivered to the Initial Purchasers or to counsel for the Initial Purchasers shall be deemed to be a representation and warranty by the Company or such Guarantor to each Initial Purchaser as to the matters set forth
therein. 
 SECTION 2. Purchase, Sale and Delivery of the Securities. 

(a) The Securities. Each of the Company and the Guarantors agrees to issue and sell to the Initial Purchasers, severally and not
jointly, all of the Securities, and, subject to the conditions set forth herein, the Initial Purchasers agree, severally and not jointly, to purchase from the Company and the Guarantors the aggregate principal amount of Securities set forth opposite
their names 

  
 13 








 
on Schedule A, at a purchase price of 96.76% of the principal amount thereof, plus accrued interest from November 15, 2014, payable on the Closing Date, in each case, on the basis of the
representations, warranties and agreements herein contained, and upon the terms herein set forth. 
 (b) The Closing Date. Delivery
of certificates for the Securities in definitive form to be purchased by the Initial Purchasers and payment therefor shall be made at the offices of Gibson, Dunn & Crutcher LLP, 333 South Grand Avenue, Los Angeles, California 90071 (or such
other place as may be agreed to by the Company and Merrill Lynch) at 9:00 a.m. New York City time, on April 9, 2015, or such other time and date as Merrill Lynch shall designate by notice to the Company (the time and date of such closing are
called the “Closing Date”). The Company hereby acknowledges that circumstances under which Merrill Lynch may provide notice to postpone the Closing Date as originally scheduled include, but are in no way limited to, any
determination by the Company or the Initial Purchasers to recirculate to investors copies of an amended or supplemented Offering Memorandum or a delay as contemplated by the provisions of Section 17 hereof. 

(c) Delivery of the Securities. The Company shall deliver, or cause to be delivered, to Merrill Lynch for the accounts of the several
Initial Purchasers certificates for the Notes at the Closing Date against the irrevocable release of a wire transfer of immediately available funds for the amount of the purchase price therefor. The certificates for the Securities shall be in such
denominations and registered in the name of Cede & Co., as nominee of the Depositary, pursuant to the DTC Agreement, and shall be made available for inspection on the business day preceding the Closing Date at a location in New York City,
as Merrill Lynch may designate. Time shall be of the essence, and delivery at the time and place specified in this Agreement is a further condition to the obligations of the Initial Purchasers. 

(d) Initial Purchasers as Qualified Institutional Buyers. Each Initial Purchaser severally and not jointly represents and warrants to,
and agrees with, the Company that: 
 (i) it will offer and sell Securities only to (a) persons who it reasonably
believes are “qualified institutional buyers” within the meaning of Rule 144A (“Qualified Institutional Buyers”) in transactions meeting the requirements of Rule 144A or (b) upon the terms and conditions set forth in
Annex I to this Agreement; and 
 (ii) it is an institutional “accredited investor” within the meaning of
Rule 501(a)(1), (2), (3) or (7) under the Securities Act. 
 SECTION 3. Additional Covenants. Each of the Company and the
Guarantors further covenants and agrees with each Initial Purchaser as follows: 
 (a) Preparation of Final Offering Memorandum; Initial
Purchasers’ Review of Proposed Amendments and Supplements and Company Additional Communications. As promptly as practicable following the Time of Sale and in any event not later than the second business day following the date hereof, the
Company will prepare and deliver to the Initial Purchasers the Final Offering Memorandum, which shall consist of the Preliminary Offering Memorandum as modified only by the information contained in the Pricing Supplement. The Company will not amend
or supplement the Preliminary Offering Memorandum or the Pricing Supplement. The Company will not amend or supplement the Final Offering Memorandum prior to the Closing Date unless Merrill Lynch shall previously have been furnished a copy of the
proposed amendment or supplement at least two business days prior to the proposed use or filing, and shall not have objected to such amendment or supplement. Before making, preparing, using, authorizing, approving or distributing any Company
Additional Communication, the Company will furnish to Merrill Lynch a copy of such written communication for review and will not make, prepare, use, authorize, approve or distribute any such written communication to which Merrill Lynch reasonably
objects. 

  
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 (b) Amendments and Supplements to the Final Offering Memorandum and Other Securities Act
Matters. If at any time prior to the Closing Date (i) any event shall occur or condition shall exist as a result of which any of the Pricing Disclosure Package as then amended or supplemented would include any untrue statement of a material
fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading or (ii) it is necessary to amend or supplement any of the Pricing Disclosure
Package to comply with law, the Company and the Guarantors will immediately notify the Initial Purchasers thereof and forthwith prepare and (subject to Section 3(a) hereof) furnish to the Initial Purchasers such amendments or supplements to any
of the Pricing Disclosure Package as may be necessary so that the statements in any of the Pricing Disclosure Package as so amended or supplemented will not, in the light of the circumstances under which they were made, be misleading or so that any
of the Pricing Disclosure Package will comply with all applicable law. If, prior to the completion of the placement of the Securities by the Initial Purchasers with the Subsequent Purchasers, any event shall occur or condition exist as a result of
which it is necessary to amend or supplement the Final Offering Memorandum, as then amended or supplemented, in order to make the statements therein, in the light of the circumstances when the Final Offering Memorandum is delivered to a Subsequent
Purchaser, not misleading, or if in the judgment of the Representatives or counsel for the Initial Purchasers it is otherwise necessary to amend or supplement the Final Offering Memorandum to comply with law, the Company and the Guarantors agree to
promptly prepare (subject to Section 3(a) hereof), and furnish at its own expense to the Initial Purchasers, amendments or supplements to the Final Offering Memorandum so that the statements in the Final Offering Memorandum as so amended or
supplemented will not, in the light of the circumstances at the Closing Date and at the time of sale of Securities, be misleading or so that the Final Offering Memorandum, as amended or supplemented, will comply with all applicable law. 

Following the consummation of the Exchange Offer or the effectiveness of an applicable shelf registration statement and for so long as the
Securities are outstanding, if, in the judgment of the Representatives, the Initial Purchasers or any of their affiliates (as such term is defined in the Securities Act) are required to deliver a prospectus in connection with sales of the
Securities, the Company and the Guarantors agree to periodically amend the applicable registration statement so that the information contained therein complies with the requirements of Section 10 of the Securities Act, to amend the applicable
registration statement or supplement the related prospectus or the documents incorporated therein when necessary to reflect any material changes in the information provided therein so that the registration statement and the prospectus will not
contain any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances existing as of the date the prospectus is so delivered, not misleading and to
provide the Initial Purchasers with copies of each amendment or supplement filed and such other documents as the Initial Purchasers may reasonably request. 

The Company hereby expressly acknowledges that the indemnification and contribution provisions of Sections 8 and 9 hereof are
specifically applicable and relate to each offering memorandum, registration statement, prospectus, amendment or supplement referred to in this Section 3. 

(c) Copies of the Offering Memorandum. The Company agrees to furnish the Initial Purchasers, without charge, as many copies of the
Pricing Disclosure Package and the Final Offering Memorandum and any amendments and supplements thereto as they shall reasonably request. 

(d) Blue Sky Compliance. Each of the Company and the Guarantors shall cooperate with the Representative and counsel for the Initial
Purchasers to qualify or register (or to obtain 

  
 15 








 
exemptions from qualifying or registering) all or any part of the Securities for offer and sale under the securities laws of the several states of the United States, the provinces of Canada or
any other jurisdictions designated by the Representative, shall comply with such laws and shall continue such qualifications, registrations and exemptions in effect so long as required for the distribution of the Securities. None of the Company or
any of the Guarantors shall be required to qualify as a foreign corporation or to take any action that would subject it to general service of process in any such jurisdiction where it is not presently qualified or where it would be subject to
taxation as a foreign corporation. The Company will advise the Representative promptly of the suspension of the qualification or registration of (or any such exemption relating to) the Securities for offering, sale or trading in any jurisdiction or
any initiation or threat of any proceeding for any such purpose, and in the event of the issuance of any order suspending such qualification, registration or exemption, each of the Company and the Guarantors shall use its best efforts to obtain the
withdrawal thereof at the earliest possible moment. 
 (e) Use of Proceeds. The Company shall apply the net proceeds from the sale
of the Notes sold by it in the manner described under the caption “Use of Proceeds” in the Pricing Disclosure Package. 
 (f)
The Depositary. The Company will cooperate with the Initial Purchasers and use its best efforts to permit the Securities to be eligible for clearance and settlement through the facilities of the Depositary. 

(g) Additional Issuer Information. At any time when the Company is not subject to Section 13 or 15 of the Exchange Act, for the
benefit of holders and beneficial owners from time to time of the Securities, the Company shall furnish, at its expense, upon request, to holders and beneficial owners of Securities and prospective purchasers of Securities information
(“Additional Issuer Information”) satisfying the requirements of Rule 144A(d). 
 (h) Agreement Not To Offer or
Sell Additional Securities. During the period of 180 days following the date hereof, the Company will not, without the prior written consent of Merrill Lynch (which consent may be withheld at the sole discretion of Merrill Lynch), directly or
indirectly, sell, offer, contract or grant any option to sell, pledge, transfer or establish an open “put equivalent position” within the meaning of Rule 16a-1 under the Exchange Act, or otherwise dispose of or transfer, or announce the
offering of, or file any registration statement under the Securities Act in respect of, any debt securities of the Company or securities exchangeable for or convertible into debt securities of the Company (other than as contemplated by this
Agreement and to register the Exchange Securities). 
 (i) Future Reports to the Initial Purchasers. At any time when the Company is
not subject to Section 13 or 15 of the Exchange Act and any Securities or Exchange Securities remain outstanding, the Company will furnish, upon request, to the Representatives and to each of the other Initial Purchasers: (i) as soon as
practicable after the end of each fiscal year, copies of the Annual Report of the Company containing the balance sheet of the Company as of the close of such fiscal year and statements of income, stockholders’ equity and cash flows for the year
then ended and the opinion thereon of the Company’s independent public or certified public accountants; (ii) as soon as practicable after the filing thereof, copies of each proxy statement, Annual Report on Form 10-K, Quarterly Report on
Form 10-Q, Current Report on Form 8-K or other report filed by the Company with the Commission, the Financial Industry Regulatory Authority (“FINRA”) or any securities exchange; and (iii) as soon as available, copies of any
report or communication of the Company mailed generally to holders of its capital stock or debt securities (including the holders of the Securities), if, in each case, such documents are not filed with the Commission within the time periods
specified by the Commission’s rules and regulations under Section 13 or 15 of the Exchange Act. 

  
 16 








 (j) No Integration. The Company agrees that it will not and will cause its Affiliates not
to make any offer or sale of securities of the Company of any class if, as a result of the doctrine of “integration” referred to in Rule 502 under the Securities Act, such offer or sale would render invalid (for the purpose of (i) the
sale of the Securities by the Company to the Initial Purchasers, (ii) the resale of the Securities by the Initial Purchasers to Subsequent Purchasers or (iii) the resale of the Securities by such Subsequent Purchasers to others) the
exemption from the registration requirements of the Securities Act provided by Section 4(a)(2) thereof or by Rule 144A or by Regulation S thereunder or otherwise. 

(k) No General Solicitation or Directed Selling Efforts. The Company agrees that it will not and will not permit any of its Affiliates
or any other person acting on its or their behalf (other than the Initial Purchasers, as to which no covenant is given) to (i) solicit offers for, or offer or sell, the Securities (A) by means of any General Solicitation or (B) in any
manner involving a public offering within the meaning of Section 4(a)(2) of the Securities Act or (ii) engage in any directed selling efforts with respect to the Securities within the meaning of Regulation S, and the Company will and will
cause all such persons to comply with the offering restrictions requirement of Regulation S with respect to the Securities. 
 (l) No
Restricted Resales. The Company will not, and will not permit any of its Affiliates to resell any of the Notes that have been reacquired by any of them, except for notes purchased by the Company or any of its Affiliates and resold in a
transaction registered under the Securities Act. 
 (m) Legended Securities. Each certificate for a Security will bear the legend
contained in “Transfer Restrictions” in the Preliminary Offering Memorandum for the time period and upon the other terms stated in the Preliminary Offering Memorandum. 

The Representative on behalf of the several Initial Purchasers, may, in its sole discretion, waive in writing the performance by the Company
or any Guarantor of any one or more of the foregoing covenants or extend the time for their performance. 
 SECTION 4. Payment of
Expenses. Each of the Company and the Guarantors agrees to pay all costs, fees and expenses incurred in connection with the performance of its obligations hereunder and in connection with the transactions contemplated hereby, including, without
limitation, (i) all expenses incident to the issuance and delivery of the Securities (including all printing and engraving costs), (ii) all necessary issue, transfer and other stamp taxes in connection with the issuance and sale of the
Securities to the Initial Purchasers, (iii) all fees and expenses of the Company’s and the Guarantors’ counsel, independent public or certified public accountants and other advisors, (iv) all costs and expenses incurred in
connection with the preparation, printing, filing, shipping and distribution of the Pricing Disclosure Package and the Final Offering Memorandum (including financial statements and exhibits), and all amendments and supplements thereto, and the
Transaction Documents, (v) all filing fees, attorneys’ fees and expenses incurred by the Company, the Guarantors or the Initial Purchasers in connection with qualifying or registering (or obtaining exemptions from the qualification or
registration of) all or any part of the Securities for offer and sale under the securities laws of the several states of the United States, the provinces of Canada or other jurisdictions designated by the Initial Purchasers (including, without
limitation, the cost of preparing, printing and mailing preliminary and final blue sky or legal investment memoranda and any related supplements to the Pricing Disclosure Package or the Final Offering Memorandum); provided, that, any legal
fees or expenses incurred by the Initial Purchasers or their counsel hereunder and reimbursed by the Company pursuant to this clause (v) shall reduce the aggregate amount of the Company’s obligations to pay for the fees and disbursements
of the Initial Purchasers’ counsel under clause (xi) below, (vi) the fees and expenses of the Trustee, including the fees and 

  
 17 








 
disbursements of counsel for the Trustee in connection with the Indenture, the Securities and the Exchange Securities, (vii) any fees payable in connection with the rating of the Securities
or the Exchange Securities with the ratings agencies, (viii) any filing fees incident to, and any reasonable fees and disbursements of counsel to the Initial Purchasers in connection with the review by FINRA, if any, of the terms of the sale of
the Securities or the Exchange Securities, (ix) all fees and expenses (including reasonable fees and expenses of counsel) of the Company and the Guarantors in connection with approval of the Securities by the Depositary for
“book-entry” transfer, and the performance by the Company and the Guarantors of their respective other obligations under this Agreement, (x) all expenses incident to the “road show” for the offering of the Securities,
including the cost of any chartered airplane or other transportation and (xi) the fees and disbursements of the Initial Purchasers’ counsel, not to exceed, with respect to this clause (xi), $275,000 in the aggregate. Except as provided in
this Section 4 and Sections 6, 8 and 9 hereof, the Initial Purchasers shall pay their own expenses, including the fees and disbursements of their counsel. 

SECTION 5. Conditions of the Obligations of the Initial Purchasers. The obligations of the several Initial Purchasers to purchase and
pay for the Securities as provided herein on the Closing Date shall be subject to the accuracy of the representations and warranties on the part of the Company and the Guarantors set forth in Section 1 hereof as of the date hereof and as of the
Closing Date as though then made and to the timely performance by the Company and the Guarantors of their covenants and other obligations hereunder, and to each of the following additional conditions: 

(a) Accountants’ Comfort Letters. On the date hereof, the Initial Purchasers shall have received from Ernst & Young LLP,
the independent registered public accounting firm for the Company, and from BDO USA, LLP, the independent registered public accounting firm for Las Vegas Land Holdings, LLC and Peachtree Communities Group, Inc., “comfort letters” dated the
date hereof addressed to the Initial Purchasers, in form and substance satisfactory to the Representative, covering the financial information in the Pricing Disclosure Package and other customary matters. In addition, on the Closing Date, the
Initial Purchasers shall have received from such accountants “bring-down comfort letters” dated the Closing Date addressed to the Initial Purchasers, in form and substance satisfactory to the Representatives, in the form of the
“comfort letter” delivered on the date hereof, except that (i) it shall cover the financial information in the Final Offering Memorandum and any amendment or supplement thereto and (ii) procedures shall be brought down to a date
no more than 3 days prior to the Closing Date. 
 (b) No Material Adverse Change or Ratings Agency Change. For the period from and
after the date of this Agreement and prior to the Closing Date: 
 (i) in the judgment of the Representative there shall not
have occurred any Material Adverse Change; and 
 (ii) there shall not have occurred any downgrading, nor shall any notice
have been given of any intended or potential downgrading or of any review for a possible change that does not indicate the direction of the possible change, in the rating accorded the Company or any of its subsidiaries or any of their securities or
indebtedness by any “nationally recognized statistical rating organization” registered under Section15E of the Exchange Act. 

(c) Opinion of Counsel for the Company. On the Closing Date the Initial Purchasers shall have received the written opinion of
Greenberg Traurig, LLP, counsel for the Company, dated as of such Closing Date, in form and substance reasonably satisfactory to the Initial Purchaser, substantially in the form of Exhibit A. 

  
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 (d) Opinion of Counsel for the Initial Purchasers. On the Closing Date the Initial
Purchasers shall have received the favorable opinion of Gibson, Dunn & Crutcher LLP, counsel for the Initial Purchasers, dated as of such Closing Date, with respect to such matters as may be reasonably requested by the Initial Purchasers.

 (e) Officers’ Certificate. On the Closing Date the Initial Purchasers shall have received a written certificate executed by
the Chairman of the Board, Chief Executive Officer or President of the Company and each Guarantor and the Chief Financial Officer or Chief Accounting Officer of the Company and each Guarantor, dated as of the Closing Date, to the effect set forth in
Section 5(b)(ii) hereof, and further to the effect that: 
 (i) for the period from and after the date of this
Agreement and prior to the Closing Date there has not occurred any Material Adverse Change; 
 (ii) the representations,
warranties and covenants of the Company and the Guarantors set forth in Section 1 hereof were true and correct as of the date hereof and are true and correct as of the Closing Date with the same force and effect as though expressly made on and
as of the Closing Date; and 
 (iii) each of the Company and the Guarantors has complied with all the agreements and
satisfied all the conditions on its part to be performed or satisfied at or prior to the Closing Date. 
 (f) Indenture; Registration
Rights Agreement. The Company and the Guarantors shall have executed and delivered the Indenture, in form and substance reasonably satisfactory to the Initial Purchasers, and the Initial Purchasers shall have received executed copies
thereof. The Company and the Guarantors shall have executed and delivered the Registration Rights Agreement, in form and substance reasonably satisfactory to the Initial Purchasers, and the Initial Purchasers shall have received such executed
counterparts. 
 (g) Additional Documents. On or before the Closing Date, the Initial Purchasers and counsel for the Initial
Purchasers shall have received such information, documents and opinions as they may reasonably require for the purposes of enabling them to pass upon the issuance and sale of the Securities as contemplated herein, or in order to evidence the
accuracy of any of the representations and warranties, or the satisfaction of any of the conditions or agreements, herein contained. 
 If
any condition specified in this Section 5 is not satisfied when and as required to be satisfied, this Agreement may be terminated by Merrill Lynch by notice to the Company at any time on or prior to the Closing Date, which termination shall be
without liability on the part of any party to any other party, except that Sections 4, 6, 8 and 9 hereof shall at all times be effective and shall survive such termination. 

SECTION 6. Reimbursement of Initial Purchasers’ Expenses. If this Agreement is terminated by Merrill Lynch pursuant to
Section 5 or 10 hereof, including if the sale to the Initial Purchasers of the Securities on the Closing Date is not consummated because of any refusal, inability or failure on the part of the Company to perform any agreement herein or to
comply with any provision hereof, the Company agrees to reimburse the Initial Purchasers, severally, upon demand for all out-of-pocket expenses that shall have been reasonably incurred by the Initial Purchasers in connection with the proposed
purchase and the offering and sale of the Securities, including, without limitation, fees and disbursements of counsel, printing expenses, travel expenses, postage, facsimile and telephone charges. 

  
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 SECTION 7. Offer, Sale and Resale Procedures. Each of the Initial Purchasers, on the one
hand, and the Company and each of the Guarantors, on the other hand, hereby agree to observe the following procedures in connection with the offer and sale of the Securities: 

(a) Offers and sales of the Securities will be made only by the Initial Purchasers or Affiliates thereof qualified to do so in the
jurisdictions in which such offers or sales are made. Each sale of Securities shall be made only to persons whom the seller reasonably believes to be Qualified Institutional Buyers or non-U.S. persons outside the United States to whom the offeror or
seller reasonably believes offers and sales of the Securities may be made in reliance upon Regulation S upon the terms and conditions set forth in Annex I hereto, which Annex I is hereby expressly made a part hereof. 

(b) Upon original issuance by the Company, and until such time as the same is no longer required under the applicable requirements of the
Securities Act, the Notes (and all securities issued in exchange therefor or in substitution thereof, other than the Exchange Notes) shall bear the following legend: 

“THE SECURITY (OR ITS PREDECESSOR) EVIDENCED HEREBY WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER SECTION 5 OF THE
UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THE SECURITY EVIDENCED HEREBY MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM.
EACH PURCHASER OF THE SECURITY EVIDENCED HEREBY IS HEREBY NOTIFIED THAT THE SELLER MAY BE RELYING ON THE EXEMPTION FROM THE PROVISIONS OF SECTION 5 OF THE SECURITIES ACT PROVIDED BY RULE 144A THEREUNDER. THE HOLDER OF THE SECURITY EVIDENCED HEREBY
AGREES FOR THE BENEFIT OF THE ISSUER THAT (A) SUCH SECURITY MAY BE RESOLD, PLEDGED OR OTHERWISE TRANSFERRED, ONLY (1)(a) INSIDE THE UNITED STATES TO A PERSON WHO THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER (AS DEFINED
IN RULE 144A UNDER THE SECURITIES ACT) PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144A UNDER THE SECURITIES ACT, (b) OUTSIDE THE UNITED STATES TO A
FOREIGN PERSON IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 903 OR RULE 904 OF REGULATION S UNDER THE SECURITIES ACT, (c) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT PROVIDED BY RULE 144 THEREUNDER (IF APPLICABLE)
OR (d) IN ACCORDANCE WITH ANOTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT (AND BASED UPON AN OPINION OF COUNSEL ACCEPTABLE TO THE ISSUER IF THE ISSUER SO REQUESTS), (2) TO THE ISSUER OR (3) PURSUANT TO AN
EFFECTIVE REGISTRATION STATEMENT AND, IN EACH CASE, IN ACCORDANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER 

  
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APPLICABLE JURISDICTION AND (B) THE HOLDER WILL, AND EACH SUBSEQUENT HOLDER IS REQUIRED TO, NOTIFY ANY PURCHASER OF THE SECURITY EVIDENCED HEREBY OF THE RESALE RESTRICTIONS SET FORTH IN
CLAUSE (A) ABOVE. NO REPRESENTATION CAN BE MADE AS TO THE AVAILABILITY OF THE EXEMPTION PROVIDED BY RULE 144 FOR RESALE OF THE SECURITY EVIDENCED HEREBY.” 

Following the sale of the Securities by the Initial Purchasers to Subsequent Purchasers pursuant to the terms hereof, the Initial Purchasers
shall not be liable or responsible to the Company for any losses, damages or liabilities suffered or incurred by the Company, including any losses, damages or liabilities under the Securities Act, arising from or relating to any resale or transfer
of any Security. 
 SECTION 8. Indemnification. 

(a) Indemnification of the Initial Purchasers. Each of the Company and the Guarantors, jointly and severally, agrees to indemnify and
hold harmless each Initial Purchaser, its affiliates, directors, officers and employees, and each person, if any, who controls any Initial Purchaser within the meaning of the Securities Act and the Exchange Act against any loss, claim, damage,
liability or expense, as incurred, to which such Initial Purchaser, affiliate, director, officer, employee or controlling person may become subject, under the Securities Act, the Exchange Act or other federal or state statutory law or regulation, or
at common law or otherwise (including in settlement of any litigation, if such settlement is effected with the written consent of the Company), insofar as such loss, claim, damage, liability or expense (or actions in respect thereof as contemplated
below) arises out of or is based: (i) upon any untrue statement or alleged untrue statement of a material fact contained in the Preliminary Offering Memorandum, the Pricing Supplement, any Company Additional Communication or the Final Offering
Memorandum (or any amendment or supplement thereto), or the omission or alleged omission therefrom of a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; or
(ii) in whole or in part upon any inaccuracy in the representations and warranties of the Company contained herein; or (iii) in whole or in part upon any failure of the Company to perform its obligations hereunder or under law; and to
reimburse each Initial Purchaser and each such affiliate, director, officer, employee or controlling person for any and all expenses (including the fees and disbursements of counsel chosen by Merrill Lynch) as such expenses are reasonably incurred
by such Initial Purchaser or such affiliate, director, officer, employee or controlling person in connection with investigating, defending, settling, compromising or paying any such loss, claim, damage, liability, expense or action; provided,
however, that the foregoing indemnity agreement shall not apply, with respect to an Initial Purchaser, to any loss, claim, damage, liability or expense to the extent, but only to the extent, arising out of or based upon any untrue statement or
alleged untrue statement or omission or alleged omission made in reliance upon and in conformity with written information furnished to the Company by such Initial Purchaser through the Representative expressly for use in the Preliminary Offering
Memorandum, the Pricing Supplement, any Company Additional Communication or the Final Offering Memorandum (or any amendment or supplement thereto). The indemnity agreement set forth in this Section 8(a) shall be in addition to any liabilities
that the Company may otherwise have. 
 (b) Indemnification of the Company and the Guarantors. Each Initial Purchaser agrees,
severally and not jointly, to indemnify and hold harmless the Company, each Guarantor, each of their respective directors and each person, if any, who controls the Company or any Guarantor within the meaning of the Securities Act or the Exchange
Act, against any loss, claim, damage, liability or expense, as incurred, to which the Company, any Guarantor or any such director or controlling 

  
 21 








 
person may become subject, under the Securities Act, the Exchange Act, or other federal or state statutory law or regulation, or at common law or otherwise (including in settlement of any
litigation, if such settlement is effected with the written consent of such Initial Purchaser), insofar as such loss, claim, damage, liability or expense (or actions in respect thereof as contemplated below) arises out of or is based upon any untrue
statement or alleged untrue statement of a material fact contained in the Preliminary Offering Memorandum, the Pricing Supplement, any Company Additional Communication or the Final Offering Memorandum (or any amendment or supplement thereto), or the
omission or alleged omission therefrom of a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, in each case to the extent, but only to the extent, that such
untrue statement or alleged untrue statement or omission or alleged omission was made in the Preliminary Offering Memorandum, the Pricing Supplement, any Company Additional Communication or the Final Offering Memorandum (or any amendment or
supplement thereto), in reliance upon and in conformity with written information furnished to the Company by such Initial Purchaser through the Representatives expressly for use therein; and to reimburse the Company, any Guarantor and each such
director or controlling person for any and all expenses (including the fees and disbursements of counsel) as such expenses are reasonably incurred by the Company, any Guarantor or such director or controlling person in connection with investigating,
defending, settling, compromising or paying any such loss, claim, damage, liability, expense or action. Each of the Company and the Guarantors hereby acknowledges that the only information that the Initial Purchasers through the Representatives have
furnished to the Company expressly for use in the Preliminary Offering Memorandum, the Pricing Supplement, any Company Additional Communication or the Final Offering Memorandum (or any amendment or supplement thereto) are the statements set forth in
the fifth paragraph (relating to commissions and discounts) and the tenth paragraph (relating to short positions) under the caption “Plan of Distribution” in the Preliminary Offering Memorandum and the Final Offering Memorandum. The
indemnity agreement set forth in this Section 8(b) shall be in addition to any liabilities that each Initial Purchaser may otherwise have. 

(c) Notifications and Other Indemnification Procedures. Promptly after receipt by an indemnified party under this Section 8 of
notice of the commencement of any action, such indemnified party will, if a claim in respect thereof is to be made against an indemnifying party under this Section 8, notify the indemnifying party in writing of the commencement thereof;
provided that the failure to so notify the indemnifying party will not relieve it from any liability which it may have to any indemnified party under this Section 8 except to the extent that it has been materially prejudiced by such
failure and shall not relieve the indemnifying party from any liability that the indemnifying party may have to an indemnified party other than under this Section 8. In case any such action is brought against any indemnified party and such
indemnified party seeks or intends to seek indemnity from an indemnifying party, the indemnifying party will be entitled to participate in and, to the extent that it shall elect, jointly with all other indemnifying parties similarly notified, by
written notice delivered to the indemnified party promptly after receiving the aforesaid notice from such indemnified party, to assume the defense thereof with counsel reasonably satisfactory to such indemnified party; provided, however, if the
defendants in any such action include both the indemnified party and the indemnifying party and the indemnified party shall have reasonably concluded that an actual conflict exists between the positions of the indemnifying party and the indemnified
party in conducting the defense of any such action or that there may be legal defenses available to it and/or other indemnified parties which are different from or additional to those available to the indemnifying party, the indemnified party or
parties shall have the right to select separate counsel to assume such legal defenses and to otherwise participate in the defense of such action on behalf of such indemnified party or parties. Upon receipt of notice from the indemnifying party to
such indemnified party of such indemnifying party’s election so to assume the defense of such action and approval by the indemnified party of counsel, the indemnifying party will not be liable to such indemnified party under this Section 8
for any legal or other expenses subsequently incurred by such indemnified party in connection with the defense thereof unless (i) the indemnified party 

  
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shall have employed separate counsel in accordance with the proviso to the immediately preceding sentence (it being understood, however, that the indemnifying party shall not be liable for the
expenses of more than one separate counsel (together with local counsel (in each jurisdiction)), which shall be selected by Merrill Lynch (in the case of counsel representing the Initial Purchasers or their related persons), representing the
indemnified parties who are parties to such action) or (ii) the indemnifying party shall not have employed counsel reasonably satisfactory to the indemnified party to represent the indemnified party within a reasonable time after notice of
commencement of the action, in each of which cases the fees and expenses of counsel shall be at the expense of the indemnifying party. 

(d) Settlements. The indemnifying party under this Section 8 shall not be liable for any settlement of any proceeding effected
without its written consent, which will not be unreasonably withheld, but if settled with such consent or if there be a final judgment for the plaintiff, the indemnifying party agrees to indemnify the indemnified party against any loss, claim,
damage, liability or expense by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of
counsel as contemplated by this Section 8, the indemnifying party agrees that it shall be liable for any settlement of any proceeding effected without its written consent if (i) such settlement is entered into more than 60 days after
receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms such settlement at least 30 days prior to such settlement being entered into, and (iii) such indemnifying
party shall not have (x) reimbursed the indemnified party in accordance with such request or (y) disputed in good faith the indemnified party’s entitlement to such reimbursement prior to the date of such settlement. No indemnifying
party shall, without the prior written consent of the indemnified party, not to be unreasonably withheld, effect any settlement, compromise or consent to the entry of judgment in any pending or threatened action, suit or proceeding in respect of
which any indemnified party is or could have been a party and indemnity was or could have been sought hereunder by such indemnified party, unless such settlement, compromise or consent (i) includes an unconditional release of such indemnified
party from all liability on claims that are the subject matter of such action, suit or proceeding and (ii) does not include any statements as to or any findings of fault, culpability or failure to act by or on behalf of any indemnified party.

 SECTION 9. Contribution. If the indemnification provided for in Section 8 hereof is for any reason held to be unavailable to
or otherwise insufficient to hold harmless an indemnified party in respect of any losses, claims, damages, liabilities or expenses referred to therein, then each indemnifying party shall contribute to the aggregate amount paid or payable by such
indemnified party, as incurred, as a result of any losses, claims, damages, liabilities or expenses referred to therein (i) in such proportion as is appropriate to reflect the relative benefits received by the Company and the Guarantors, on the
one hand, and the Initial Purchasers, on the other hand, from the offering of the Securities pursuant to this Agreement or (ii) if the allocation provided by clause (i) above is not permitted by applicable law, in such proportion as is
appropriate to reflect not only the relative benefits referred to in clause (i) above but also the relative fault of the Company and the Guarantors, on the one hand, and the Initial Purchasers, on the other hand, in connection with the
statements or omissions or inaccuracies in the representations and warranties herein which resulted in such losses, claims, damages, liabilities or expenses, as well as any other relevant equitable considerations. The relative benefits received by
the Company and the Guarantors, on the one hand, and the Initial Purchasers, on the other hand, in connection with the offering of the Securities pursuant to this Agreement shall be deemed to be in the same respective proportions as the total net
proceeds from the offering of the Securities pursuant to this Agreement (before deducting expenses) received by the Company, and the total discount received by the Initial Purchasers bear to the aggregate initial offering price of the Securities.
The relative fault of the Company and the Guarantors, on the one hand, and the Initial Purchasers, on the other hand, shall be determined by reference to, among other things, whether any such untrue or alleged untrue statement of a material fact or
omission or alleged omission to state a material fact or any such inaccurate or alleged inaccurate representation or warranty 

  
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relates to information supplied by the Company and the Guarantors, on the one hand, or the Initial Purchasers, on the other hand, and the parties’ relative intent, knowledge, access to
information and opportunity to correct or prevent such statement or omission or inaccuracy. 
 The amount paid or payable by a party as a
result of the losses, claims, damages, liabilities and expenses referred to above shall be deemed to include, subject to the limitations set forth in Section 8 hereof, any legal or other fees or expenses reasonably incurred by such party in
connection with investigating or defending any action or claim. The provisions set forth in Section 8 hereof with respect to notice of commencement of any action shall apply if a claim for contribution is to be made under this Section 9;
provided, however, that no additional notice shall be required with respect to any action for which notice has been given under Section 8 hereof for purposes of indemnification. 

The Company, the Guarantors and the Initial Purchasers agree that it would not be just and equitable if contribution pursuant to this
Section 9 were determined by pro rata allocation (even if the Initial Purchasers were treated as one entity for such purpose) or by any other method of allocation which does not take account of the equitable considerations referred to in this
Section 9. 
 Notwithstanding the provisions of this Section 9, no Initial Purchaser shall be required to contribute any amount in
excess of the discount received by such Initial Purchaser in connection with the Securities distributed by it. No person guilty of fraudulent misrepresentation (within the meaning of Section 11 of the Securities Act) shall be entitled to
contribution from any person who was not guilty of such fraudulent misrepresentation. The Initial Purchasers’ obligations to contribute pursuant to this Section 9 are several, and not joint, in proportion to their respective commitments as
set forth opposite their names in Schedule A. For purposes of this Section 9, each director, officer and employee of an Initial Purchaser and each person, if any, who controls an Initial Purchaser within the meaning of the Securities Act and
the Exchange Act shall have the same rights to contribution as such Initial Purchaser, and each director of the Company or any Guarantor, and each person, if any, who controls the Company or any Guarantor with the meaning of the Securities Act and
the Exchange Act shall have the same rights to contribution as the Company and the Guarantors. 
 SECTION 10. Termination of this
Agreement. Prior to the Closing Date, this Agreement may be terminated by the Representative by notice given to the Company if at any time: (i) trading or quotation in any of the Company’s securities shall have been suspended or
limited by the Commission, or trading in securities generally on either the Nasdaq Stock Market or the New York Stock Exchange (the “NYSE”) shall have been suspended or limited, or minimum or maximum prices shall have been generally
established on any of such quotation system or stock exchange by the Commission or FINRA; (ii) a general banking moratorium shall have been declared by any of federal, New York or Delaware authorities; (iii) there shall have occurred any
outbreak or escalation of national or international hostilities or any crisis or calamity, or any change in the United States or international financial markets, or any substantial change or development involving a prospective substantial change in
United States’ or international political, financial or economic conditions, as in the judgment of the Representative is material and adverse and makes it impracticable or inadvisable to proceed with the offering, sale or delivery of the
Securities in the manner and on the terms described in the Pricing Disclosure Package or to enforce contracts for the sale of securities; (iv) in the judgment of the Representative there shall have occurred any Material Adverse Change; or
(v) the Company shall have sustained a loss by strike, fire, flood, earthquake, accident or other calamity of such character as in the judgment of the Representative may interfere materially with the conduct of the business and operations of
the Company regardless of whether or not such loss shall have been insured. Any termination pursuant to this Section 10 shall be without liability on the part of (i) the Company or any Guarantor to any Initial Purchaser, except that the
Company and the Guarantors shall be obligated to reimburse the expenses of the Initial Purchasers pursuant to Sections 4 and 6 hereof, (ii) any Initial Purchaser to the Company, or (iii) any party hereto to any other party except that
the provisions of Sections 8 and 9 hereof shall at all times be effective and shall survive such termination. 

  
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 SECTION 11. Representations and Indemnities to Survive Delivery. The respective
indemnities, agreements, representations, warranties and other statements of the Company, the Guarantors, their respective officers and the several Initial Purchasers set forth in or made pursuant to this Agreement will remain in full force and
effect, regardless of any investigation made by or on behalf of any Initial Purchaser, the Company, any Guarantor or any of their partners, officers or directors or any controlling person, as the case may be, and will survive delivery of and payment
for the Securities sold hereunder and any termination of this Agreement. 
 SECTION 12. Notices. All communications hereunder shall
be in writing and shall be mailed, hand delivered, couriered or facsimiled and confirmed to the parties hereto as follows: 
 If to the
Initial Purchasers: 
 Merrill Lynch, Pierce, Fenner & Smith Incorporated 

One Bryant Park 
 New York, New
York 10036 
 Facsimile: (917) 267-7085 

Attention: High Yield Legal Dept. 

with a copy to: 
 Gibson,
Dunn & Crutcher, LLP 
 333 South Grand Avenue 

Los Angeles, California 90071 

Facsimile: (213) 229-6360 

Attention: Karen E. Bertero, Esq. 

If to the Company or the Guarantors: 

Century Communities, Inc. 
 8390
East Crescent Parkway, Suite 650 
 Greenwood Village, Colorado 80111 

Facsimile: (303) 770-8320 

Attention: Dale Francescon 
 with
a copy to: 
 Greenberg Traurig, LLP 

1840 Century Park East, Suite 1900 

Los Angeles, California 90067 

Facsimile: (310) 586-7800 

Attention: Mark Kelson, Esq. 

Any party hereto may change the address or facsimile number for receipt of communications by giving written notice to the others. 

SECTION 13. Successors. This Agreement will inure to the benefit of and be binding upon the parties hereto, and to the benefit of the
indemnified parties referred to in Sections 8 and 9 hereof, and in 

  
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each case their respective successors, and no other person will have any right or obligation hereunder. The term “successors” shall not include any Subsequent Purchaser or other
purchaser of the Securities as such from any of the Initial Purchasers merely by reason of such purchase. 
 SECTION 14. Authority of the
Representative. Any action by the Initial Purchasers hereunder may be taken by Merrill Lynch on behalf of the Initial Purchasers, and any such action taken by Merrill Lynch shall be binding upon the Initial Purchasers. 

SECTION 15. Partial Unenforceability. The invalidity or unenforceability of any section, paragraph or provision of this Agreement shall
not affect the validity or enforceability of any other section, paragraph or provision hereof. If any section, paragraph or provision of this Agreement is for any reason determined to be invalid or unenforceable, there shall be deemed to be made
such minor changes (and only such minor changes) as are necessary to make it valid and enforceable. 
 SECTION 16. Governing Law
Provisions. THIS AGREEMENT AND ANY CLAIM, CONTROVERSY AND DISPUTE ARISING UNDER OR RELATED TO THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND TO BE
PERFORMED IN SUCH STATE WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES THEREOF. Any legal suit, action or proceeding arising out of or based upon this Agreement or the transactions contemplated hereby (“Related Proceedings”) may be
instituted in the federal courts of the United States of America located in the City and County of New York or the courts of the State of New York in each case located in the City and County of New York (collectively, the “Specified
Courts”), and each party irrevocably submits to the exclusive jurisdiction (except for suits, actions, or proceedings instituted in regard to the enforcement of a judgment of any Specified Court in a Related Proceeding, as to which such
jurisdiction is non-exclusive) of the Specified Courts in any Related Proceeding. Service of any process, summons, notice or document by mail to such party’s address set forth above shall be effective service of process for any Related
Proceeding brought in any Specified Court. The parties irrevocably and unconditionally waive any objection to the laying of venue of any Specified Proceeding in the Specified Courts and irrevocably and unconditionally waive and agree not to plead or
claim in any Specified Court that any Related Proceeding brought in any Specified Court has been brought in an inconvenient forum. 

SECTION 17. Default of One or More of the Several Initial Purchasers. If any one or more of the several Initial Purchasers shall fail
or refuse to purchase Securities that it or they have agreed to purchase hereunder on the Closing Date, and the aggregate number of Securities which such defaulting Initial Purchaser or Initial Purchasers agreed but failed or refused to purchase
does not exceed 10% of the aggregate number of the Securities to be purchased on such date, the other Initial Purchasers shall be obligated, severally, in the proportions that the number of Securities set forth opposite their respective names on
Schedule A bears to the aggregate number of Securities set forth opposite the names of all such non-defaulting Initial Purchasers, or in such other proportions as may be specified by the Initial Purchasers with the consent of the non-defaulting
Initial Purchasers, to purchase the Securities which such defaulting Initial Purchaser or Initial Purchasers agreed but failed or refused to purchase on the Closing Date. If any one or more of the Initial Purchasers shall fail or refuse to purchase
Securities and the aggregate number of Securities with respect to which such default occurs exceeds 10% of the aggregate number of Securities to be purchased on the Closing Date, and arrangements satisfactory to the Initial Purchasers and the
Company for the purchase of such Securities are not made within 48 hours after such default, this Agreement shall terminate without liability of any party to any other party except that the provisions of Sections 4, 6, 8 and 9 hereof shall at
all times be effective and shall survive such termination. In any such case either the Initial Purchasers or the Company shall have the right to postpone the Closing Date, as the case may be, but in no event for longer than seven days in order that
the required changes, if any, to the Final Offering Memorandum or any other documents or arrangements may be effected. 

  
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 As used in this Agreement, the term “Initial Purchaser” shall be deemed to include any
person substituted for a defaulting Initial Purchaser under this Section 17. Any action taken under this Section 17 shall not relieve any defaulting Initial Purchaser from liability in respect of any default of such Initial Purchaser under
this Agreement. 
 SECTION 18. No Advisory or Fiduciary Responsibility. Each of the Company and the Guarantors acknowledges and
agrees that: (i) the purchase and sale of the Securities pursuant to this Agreement, including the determination of the offering price of the Securities and any related discounts and commissions, is an arm’s-length commercial transaction
between the Company and the Guarantors, on the one hand, and the several Initial Purchasers, on the other hand, and the Company and the Guarantors are capable of evaluating and understanding and understand and accept the terms, risks and conditions
of the transactions contemplated by this Agreement; (ii) in connection with each transaction contemplated hereby and the process leading to such transaction each Initial Purchaser is and has been acting solely as a principal and is not the
agent or fiduciary of the Company and the Guarantors or their respective affiliates, stockholders, creditors or employees or any other party; (iii) no Initial Purchaser has assumed or will assume an advisory or fiduciary responsibility in favor
of the Company and the Guarantors with respect to any of the transactions contemplated hereby or the process leading thereto (irrespective of whether such Initial Purchaser has advised or is currently advising the Company and the Guarantors on other
matters) or any other obligation to the Company and the Guarantors except the obligations expressly set forth in this Agreement; (iv) the several Initial Purchasers and their respective affiliates may be engaged in a broad range of transactions
that involve interests that differ from those of the Company and the Guarantors, and the several Initial Purchasers have no obligation to disclose any of such interests by virtue of any fiduciary or advisory relationship; and (v) the Initial
Purchasers have not provided any legal, accounting, regulatory or tax advice with respect to the offering contemplated hereby, and the Company and the Guarantors have consulted their own legal, accounting, regulatory and tax advisors to the extent
they deemed appropriate. 
 This Agreement supersedes all prior agreements and understandings (whether written or oral) between the Company,
the Guarantors and the several Initial Purchasers, or any of them, with respect to the subject matter hereof. The Company and the Guarantors hereby waive and release, to the fullest extent permitted by law, any claims that the Company and the
Guarantors may have against the several Initial Purchasers with respect to any breach or alleged breach of fiduciary duty. 
 SECTION 19.
General Provisions. This Agreement constitutes the entire agreement of the parties to this Agreement and supersedes all prior written or oral and all contemporaneous oral agreements, understandings and negotiations with respect to the subject
matter hereof. This Agreement may be executed in two or more counterparts, each one of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. Delivery of an executed counterpart of a
signature page to this Agreement by telecopier, facsimile or other electronic transmission (i.e., a “pdf” or “tif”) shall be effective as delivery of a manually executed counterpart thereof. This Agreement may not be amended or
modified unless in writing by all of the parties hereto, and no condition herein (express or implied) may be waived unless waived in writing by each party whom the condition is meant to benefit. The section headings herein are for the convenience of
the parties only and shall not affect the construction or interpretation of this Agreement. 
 [Signature page
follows] 

  
 27 








 If the foregoing is in accordance with your understanding of our agreement, kindly sign and
return to the Company the enclosed copies hereof, whereupon this instrument, along with all counterparts hereof, shall become a binding agreement in accordance with its terms. 

 

					
	Very truly yours,
	
	CENTURY COMMUNITIES, INC.
		
	By:		 /s/ Dale Francescon

			Name:		Dale Francescon
			Title:		Co-Chief Executive Officer



  
 [Signature Pages to
Purchase Agreement] 








 
											
	AUGUSTA POINTE, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	AVALON AT INVERNESS, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	BEACON POINTE, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	BLACKSTONE HOMES, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	BRADBURN VILLAGE HOMES, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	CC COMMUNITIES, LLC
		
	By:		 Century Land Holdings, LLC,
 its
Managing Member

			
			By:		 CCC Holdings, LLC
 its
Manager

				
					By:		 Century Communities, Inc.
 its
Manager and Sole Member

					
							By:		 /s/ Dale Francescon

									 Dale Francescon
 Co-Chief Executive
Officer

	
	CCC HOLDINGS, LLC
		
	By:		 Century Communities, Inc.
 its
Manager and Sole Member

			
			By:		 /s/ Dale Francescon

					 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	CCG CONSTRUCTORS LLC
		
	By:		 Century Communities of Georgia, LLC,

its Manager and Sole Member

			
			By:		 Century Communities, Inc.
 its
Manager and Sole Member

				
					By:		 /s/ Dale Francescon

							 Dale Francescon
 Co-Chief Executive
Officer

	
	CCG REALTY GROUP LLC
		
	By:		 Century Communities of Georgia, LLC,

its Manager and Sole Member

			
			By:		 Century Communities, Inc.
 its
Manager and Sole Member

				
					By:		 /s/ Dale Francescon

							 Dale Francescon
 Co-Chief Executive
Officer

	
	CCH HOMES, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	CENTRAL PARK ROWHOMES, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	CENTURY AT ASH MEADOWS, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	CENTURY AT BEACON POINTE, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	CENTURY AT CALEY, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	CENTURY AT CANDELAS, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	CENTURY AT CAROUSEL FARMS, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	CENTURY AT HARVEST MEADOWS, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	CENTURY AT LITTLETON VILLAGE, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	CENTURY AT LOR, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	CENTURY AT LOWRY, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	CENTURY AT MIDTOWN, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	CENTURY AT MILLENNIUM, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	CENTURY AT MURPHY CREEK, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	CENTURY AT OUTLOOK, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	CENTURY AT SALISBURY HEIGHTS, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	CENTURY AT SOUTHSHORE, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	CENTURY AT TERRAIN, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	CENTURY AT THE GROVE, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	CENTURY AT THE MEADOWS, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	CENTURY AT VISTA RIDGE, LLC
		
	By:		 Horizon Building Services, LLC,
 its
Manager

			
			By:		 Century Land Holdings, LLC
 its
Managing Member

				
					By:		 CCC Holdings, LLC
 its
Manager

					
							By:		 Century Communities, Inc.
 its
Manager and Sole Member

						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	CENTURY AT WOLF RANCH, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	CENTURY CITY, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer



  

					
	CENTURY COMMUNITIES OF GEORGIA, LLC
		
	By:		Century Communities, Inc.
			its Manager and Sole Member
			
			By:		 /s/ Dale Francescon

					 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
					
	CENTURY COMMUNITIES OF NEVADA, LLC
		
	By:		Century Communities, Inc.
			its Sole Managing Member
			
			By:		 /s/ Dale Francescon

					 Dale Francescon
 Co-Chief Executive
Officer



  

							
	CENTURY COMMUNITIES OF NEVADA REALTY, LLC
		
	By:		Century Communities of Nevada, LLC,
			its Sole Managing Member
			
			By:		Century Communities, Inc.
					its Sole Managing Member
				
					By:		 /s/ Dale Francescon

							 Dale Francescon
 Co-Chief Executive
Officer



  

							
	CENTURY LAND HOLDINGS, LLC
		
	By:		CCC Holdings, LLC,
			its Manager
			
			By:		Century Communities, Inc.
					its Manager and Sole Member
				
					By:		 /s/ Dale Francescon

							 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	CENTURY LAND HOLDINGS II, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer



  

					
	CENTURY LAND HOLDINGS OF TEXAS, LLC
		
	By:		Century Communities, Inc.
			its Sole Managing Member
			
			By:		 /s/ Dale Francescon

					 Dale Francescon
 Co-Chief Executive
Officer



  

							
	CENTURY RHODES RANCH GC, LLC
		
	By:		Century Communities of Nevada, LLC,
			its Sole Managing Member
			
			By:		Century Communities, Inc.
					its Sole Managing Member
				
					By:		 /s/ Dale Francescon

							 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
							
	CENTURY TUSCANY GC, LLC
		
	By:		Century Communities of Nevada, LLC,
			its Sole Managing Member
			
			By:		Century Communities, Inc.
					its Sole Managing Member
				
					By:		 /s/ Dale Francescon

							 Dale Francescon
 Co-Chief Executive
Officer



  

											
	CHERRY HILL PARK, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	COTTAGES AT WILLOW PARK, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	CROWN HILL, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	ENCLAVE AT BOYD PONDS, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	ENCLAVE AT CHERRY CREEK, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	ESTATES AT CHATFIELD FARMS, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	HEARTH AT OAK MEADOWS, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	HOMETOWN, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	LAKEVIEW FORT COLLINS, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	MADISON ESTATES, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer

	
	MERIDIAN RANCH, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											 Dale Francescon
 Co-Chief Executive
Officer




  
 [Signature Pages to
Purchase Agreement] 








 
											
	MONTECITO AT RIDGEGATE, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											Dale Francescon
											Co-Chief Executive Officer


  

							
	NEIGHBORHOOD ASSOCIATIONS GROUP, LLC
		
	By:		Century Communities of Nevada, LLC,
			its Sole Managing Member
			
			By:		Century Communities, Inc.
					its Sole Managing Member
				
					By:		 /s/ Dale Francescon

							Dale Francescon
							Co-Chief Executive Officer


  

					
	PARK 5TH AVENUE DEVELOPMENT CO., LLC
		
	By:		Century Communities, Inc.
			its Sole Managing Member
			
			By:		 /s/ Dale Francescon

					Dale Francescon
					Co-Chief Executive Officer



  
 [Signature Pages to
Purchase Agreement] 








 
											
	RESERVE AT HIGHPOINTE ESTATES, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											Dale Francescon
											Co-Chief Executive Officer
	
	RESERVE AT THE MEADOWS, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											Dale Francescon
											Co-Chief Executive Officer



  
 [Signature Pages to
Purchase Agreement] 








 
											
	SADDLE ROCK GOLF, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											Dale Francescon
											Co-Chief Executive Officer
	
	SADDLEBACK HEIGHTS, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											Dale Francescon
											Co-Chief Executive Officer



  
 [Signature Pages to
Purchase Agreement] 








 
											
	STETSON RIDGE HOMES, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											Dale Francescon
											Co-Chief Executive Officer
	
	THE VISTAS AT NOR’WOOD, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											Dale Francescon
											Co-Chief Executive Officer



  
 [Signature Pages to
Purchase Agreement] 








 
											
	THE WHEATLANDS, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											Dale Francescon
											Co-Chief Executive Officer
	
	VENUE AT ARISTA, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											Dale Francescon
											Co-Chief Executive Officer



  
 [Signature Pages to
Purchase Agreement] 








 
											
	VERONA ESTATES, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											Dale Francescon
											Co-Chief Executive Officer
	
	VILLAS AT MURPHY CREEK, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											Dale Francescon
											Co-Chief Executive Officer



  
 [Signature Pages to
Purchase Agreement] 








 
											
	WATERSIDE AT HIGHLAND PARK, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											Dale Francescon
											Co-Chief Executive Officer
	
	WILDGRASS, LLC
		
	By:		Horizon Building Services, LLC,
			its Manager
			
			By:		Century Land Holdings, LLC
					its Managing Member
				
					By:		CCC Holdings, LLC
							its Manager
					
							By:		Century Communities, Inc.
									its Manager and Sole Member
						
									By:		 /s/ Dale Francescon

											Dale Francescon
											Co-Chief Executive Officer



  
 [Signature Pages to
Purchase Agreement] 








 The foregoing Purchase Agreement is hereby confirmed and accepted by the Initial Purchasers as of the date first
above written. 
 MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED 
 Acting on behalf of itself 

and as the Representative of 
 the
several Initial Purchasers 
  

			
	By:		Merrill Lynch, Pierce, Fenner & Smith Incorporated
		
	By:		 /s/ Justin A. Neubauer

			Justin A. Neubauer
			Director








 SCHEDULE A 
  


					
	 Initial Purchasers
	  	Aggregate Principal
Amount of Securities
to be Purchased	 
		
	 Merrill Lynch, Pierce, Fenner & Smith Incorporated
	  	$	30,000,000	  
		
	 J.P. Morgan Securities LLC
	  	$	15,000,000	  
		
	 Deutsche Bank Securities Inc.
	  	$	15,000,000	  
		  	  
	  
	 
		
	 Total
		$	60,000,000	  








 EXHIBIT A 

Opinion of counsel for the Company to be delivered pursuant to Section 5 of the Purchase Agreement in form agreed to. 

  
 Exhibit A-1 








 ANNEX I 

Resale Pursuant to Regulation S or Rule 144A. Each Initial Purchaser understands that: 

Such Initial Purchaser agrees that it has not offered or sold and will not offer or sell the Securities in the United States or to, or for the
benefit or account of, a U.S. person (other than a distributor), in each case, as defined in Rule 902 of Regulation S (i) as part of its distribution at any time and (ii) otherwise until 40 days after the later of the
commencement of the offering of the Securities pursuant hereto and the Closing Date, other than in accordance with Regulation S or another exemption from the registration requirements of the Securities Act. Such Initial Purchaser agrees that,
during such 40-day restricted period, it will not cause any advertisement with respect to the Securities (including any “tombstone” advertisement) to be published in any newspaper or periodical or posted in any public place and will not
issue any circular relating to the Securities, except such advertisements as permitted by and include the statements required by Regulation S. 

Such Initial Purchaser agrees that, at or prior to confirmation of a sale of Securities by it to any distributor, dealer or person receiving a
selling concession, fee or other remuneration during the 40-day restricted period referred to in Rule 903 of Regulation S, it will send to such distributor, dealer or person receiving a selling concession, fee or other remuneration a
confirmation or notice to substantially the following effect: 
 “The Securities covered hereby have not been registered under the U.S.
Securities Act of 1933, as amended (the “Securities Act”), and may not be offered and sold within the United States or to, or for the account or benefit of, U.S. persons (i) as part of your distribution at any time or
(ii) otherwise until 40 days after the later of the date the Securities were first offered to persons other than distributors in reliance on Regulation S and the Closing Date, except in either case in accordance with Regulation S
under the Securities Act (or in accordance with Rule 144A under the Securities Act or to accredited investors in transactions that are exempt from the registration requirements of the Securities Act), and in connection with any subsequent sale
by you of the Securities covered hereby in reliance on Regulation S under the Securities Act during the period referred to above to any distributor, dealer or person receiving a selling concession, fee or other remuneration, you must deliver a
notice to substantially the foregoing effect. Terms used above have the meanings assigned to them in Regulation S under the Securities Act.” 

Such Initial Purchaser agrees that the Securities offered and sold in reliance on Regulation S will be represented upon issuance by a
global security that may not be exchanged for definitive securities until the expiration of the 40-day restricted period referred to in Rule 903 of Regulation S and only upon certification of beneficial ownership of such Securities by
non-U.S. persons or U.S. persons who purchased such Securities in transactions that were exempt from the registration requirements of the Securities Act. 

  
 Annex I-1