# EDGAR Filing Document

**Accession Number:** 0001455684
**File Stem:** 0001193125-26-094276
**Filing Date:** 2026-3
**Character Count:** 914570
**Document Hash:** d8d539daedaaeebb0284f45880659f92
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-094276.hdr.sgml**: 20260305

**ACCESSION NUMBER**: 0001193125-26-094276

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20260301

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260305

**DATE AS OF CHANGE**: 20260305

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TPI COMPOSITES, INC
- **CENTRAL INDEX KEY:** 0001455684
- **STANDARD INDUSTRIAL CLASSIFICATION:** ENGINES & TURBINES [3510]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 201590775
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37839
- **FILM NUMBER:** 26727419

**BUSINESS ADDRESS:**
- **STREET 1:** 8501 N SCOTTSDALE ROAD
- **STREET 2:** GAINEY CENTER II, SUITE 100
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85253
- **BUSINESS PHONE:** 480-305-8910

**MAIL ADDRESS:**
- **STREET 1:** 8501 N SCOTTSDALE ROAD
- **STREET 2:** GAINEY CENTER II, SUITE 100
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85253

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TPI COMPOSITES INC
- **DATE OF NAME CHANGE:** 20090206

?xml version='1.0' encoding='ASCII'? 8-K

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, D.C. 20549

### FORM 8-K

#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d)

#### of the Securities Exchange Act of 1934

#### Date of Report (Date of earliest event reported): March 1, 2026

## TPI Composites, Inc.

#### (Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-37839** | **20-1590775** |
| **(State or other jurisdiction** | **(Commission** | **(IRS Employer** |
| **of incorporation)** | **File Number)** | **Identification No.)** |

---

---

| |
|:---|
| **9200 E. Pima Center Parkway, Suite 250**<br>**Scottsdale, Arizona 85258** |
| **(Address of principal executive offices, including zip code)** |

---

(480) 305-8910

#### (Registrant's telephone number, including area code)

#### Not applicable

#### (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Class** | **Trading<br>symbol(s)** | **Name of each exchange<br>on which registered** |
| Common Stock, $0.01 par value | TPICQ | OTC Pink |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

#### Introductory Note
On August 11, 2025, (the "Petition Date"), TPI Composites, Inc. (the "Company") and its direct and indirect subsidiaries incorporated in the United States (such subsidiaries, together with the Company, collectively, the "Company Parties" or the "Debtors") each filed voluntary petitions for relief under chapter 11 of title 11 of the United States Bankruptcy Code (the "Bankruptcy Code" and such cases, the "Chapter 11 Cases") in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"). The Chapter 11 Cases are being jointly administered for procedural purposes only under the caption "In re TPI Composites, Inc., et al." Case No. 25-34655. As the Company has previously disclosed, the Debtors continue to engage with key stakeholders, including customers and the lenders under the DIP Credit Agreement (as defined below) and the lenders under the Credit Agreement and Guaranty, dated as of December 14, 2023, by and among the Company, as the Borrower, the subsidiary guarantors party thereto, the lenders party thereto and Oaktree Fund Administration, LLC ("Oaktree" or the "Administrative Agent"), as the Administrative Agent (as amended, modified or supplemented from time to time) regarding a potential restructuring transaction. The Company continues to operate its business in part as a result of advance payments and other accommodations from customers to help ensure continued production and delivery of products under existing customer supply agreements. Further, the Debtors have been conducting a competitive marketing process to sell all or part of their assets pursuant to Section 363 of the Bankruptcy Code or otherwise in accordance with bidding procedures approved by the Bankruptcy Court, including as disclosed below in this Current Report on Form 8-K.

---

| | |
|:---|:---|
| **Item 1.01.** | **Entry into a Material Definitive Agreement.** |

---

#### Vestas India Transaction
On March 4, 2026, the Company, and certain of its direct and indirect subsidiaries entered into an Asset Purchase Agreement (the "India Purchase Agreement") with Vestas Wind Technology India Private Limited ("Buyer") and Vestas Wind Systems A/S ("Buyer Parent") pursuant to which the Company and certain of its subsidiaries, including TPI Composites India Private Limited ("TPI India" collectively with the Company, "Sellers") will sell and transfer to Buyer substantially all assets related to its manufacturing business in Chennai, India where Sellers manufacture wind blades for Buyer Parent and certain of its affiliates for a purchase price of $10,000,000 in cash, subject to certain purchase price adjustments set forth in the India Purchase Agreement and the assumption of certain liabilities (the "India APA Transaction").

Pursuant to the India Purchase Agreement, the consummation of the India APA Transaction is subject to a number of closing conditions, including, among other things, (i) entry by the Bankruptcy Court of an order approving the portion of the India APA Transaction to be consummated by the Company and the other Debtors party thereto, (ii) receipt of certain third-party consents, approvals or waivers, and (iii) the execution of a termination and mutual release by and among the Company and certain of its affiliates, on one hand, and Buyer and Buyer Parent on the other, which, among other things, provides for the termination of the existing commercial and manufacturing arrangements between Buyer and its affiliates, on one hand, and Sellers and certain of their affiliates, on the other hand and a customary release of certain claims each party thereto, together with their affiliates, may have against the other.

The India Purchase Agreement may be terminated by Sellers or Buyer under certain circumstances, including, among others, if the India APA Transaction is not closed by June 30, 2026 (the "India APA Outside Date"). The India Purchase Agreement may also be terminated by Sellers if Buyer Parent ceases to provide certain agreed upon payment advances through to the India APA Outside Date.

The foregoing description of and references to the India Purchase Agreement are qualified in their entirety by reference to the full text of the India Purchase Agreement, which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

#### Vestas Mexico Transaction
On March 4, 2026, certain subsidiaries of the Company, TPI Mexico V, LLC ("TPI Mexico V") and TPI Mexico VI, LLC ("TPI Mexico VI" and, together with TPI Mexico V, the "TPI Mexico Entities"), entered into an Equity Commitment Agreement (the "Equity Commitment Agreement") with Vestas America Holdings, Inc. (the "Commitment Party") and Buyer Parent, which provides, among other things, for the restructuring of the capital structure and liabilities of the TPI Mexico Entities pursuant to a joint plan of reorganization (the "Plan"). Pursuant to the Equity Commitment Agreement, TPI Mexico V and TPI Mexico VI will issue new equity interests representing 100% of the reorganized equity interests of TPI Mexico V and TPI Mexico VI to the Commitment Party in exchange for $13,999,999 in cash, subject to certain purchase price adjustments specified therein and the assumption of certain liabilities (the "Equity Transaction").

Pursuant to the Equity Commitment Agreement, the consummation of the Equity Transaction is subject to a number of closing conditions, including, among other things, (i) entry by the Bankruptcy Court of an order confirming the Plan and the Equity Transaction and (ii) the consent to, and release of liens by, Oaktree Fund Administration, LLC or certain of its affiliates.

------

The Equity Commitment Agreement may be terminated by the Commitment Party or the TPI Mexico Entities under certain circumstances, including, among others, if the Bankruptcy Court denies confirmation of the Plan or if the Plan's effective date has not occurred by June 30, 2026 (the "Mexico ECA Outside Date").

Concurrently with the Equity Commitment Agreement, the Company and certain of its direct and indirect subsidiaries (collectively, the "Mexico APA Sellers") entered into an Asset Purchase Agreement with the Commitment Party (the "Mexico Purchase Agreement"), pursuant to which the Commitment Party will purchase certain limited assets of each of the Mexico APA Sellers primarily related to the manufacturing of wind turbine blades in Matamoros, Mexico, in exchange for $1.00 and the assumption of certain liabilities (the "Mexico APA Transaction"). The Equity Commitment Agreement may also be terminated by the TPI Mexico Entities if the Commitment Party (or an affiliate thereof) ceases to provide certain agreed upon payment advances through to the Mexico ECA Outside Date.

Pursuant to the Mexico Purchase Agreement, the consummation of the Mexico APA Transaction is subject to a number of closing conditions, including, among other things, (i) entry by the Bankruptcy Court of an order approving the portion of the Mexico APA Transaction to be consummated by the Company and the other Debtors party thereto, (ii) the consummation of the Equity Transaction concurrently with the consummation of the Mexico APA Transaction and (iii) the satisfaction or waiver of all closing conditions under the Equity Commitment Agreement.

The Mexico Purchase Agreement may be terminated by the Commitment Party or the Mexico APA Sellers under certain circumstances, including, among others, if the Mexico APA Transaction is not closed by June 30, 2026 (the "Mexico APA Outside Date"). The Mexico Purchase Agreement may also be terminated by the Mexico APA Sellers if the Commitment Party (or an affiliate thereof) ceases to provide certain agreed upon payment advances through to the Mexico APA Outside Date.

The foregoing descriptions of and references to the Mexico Purchase Agreement and the Equity Commitment Agreement are qualified in their entirety by reference to the full text of such agreements, copies of which are attached as Exhibits 10.2 and 10.3, respectively, to this Current Report on Form 8-K and incorporated herein by reference.

---

| | |
|:---|:---|
| **Item 2.04.** | **Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement** |

---

On March 1, 2026, the Company received a letter from the Administrative Agent regarding an Event of Default occurring under the Super-Priority Senior Secured Priming Debtor-in-Possession Credit Agreement and Guaranty, dated as of August 14, 2025, among the Company, as the Borrower, the subsidiary guarantors party thereto, the lenders party thereto and Oaktree as the Administrative Agent (as amended, modified or supplemented from time to time, the "DIP Credit Agreement"). All capitalized terms not defined herein but defined in the DIP Credit Agreement shall have the meanings given to such terms in the DIP Credit Agreement.

------

The letter notified and confirmed to the Borrower that, because, among other things, as of the date of the letter, the Bankruptcy Court has not entered a Disclosure Statement Order (nor any other order approving the adequacy of a disclosure statement in connection with a chapter 11 plan for the Debtors), an Event of Default under the DIP Credit Agreement has occurred and is continuing pursuant to Section 11.01(g) (*Events of Default*) of the DIP Credit Agreement (the "Specified Default"). As a result, default interest will begin to accrue in accordance with the terms of the DIP Credit Agreement and the Bankruptcy Court order that approved the DIP Credit Agreement.

The DIP Credit Agreement remains in effect, and as of the date of this report, the Company continues to engage with the Lenders regarding the Specified Default, any other potential Default arising under the DIP Credit Agreement, and next steps related thereto.

#### Cautionary Note Regarding Forward Looking Statements
This Current Report on Form 8-K contains forward-looking statements made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements, among other things, concerning: the Company's entry into the India Purchase Agreement with the Buyer and the related India APA Transaction, the Company's entry into the Equity Commitment Agreement with the Commitment Party and the related Equity Transaction, and the Company's entry into the Mexico Purchase Agreement and the related Mexico APA Transaction, as well as the event of the Specified Default and related actions of the Company and the Lender under the DIP Credit Agreement as described herein. These forward-looking statements are often characterized by the use of words such as "estimate," "expect," "anticipate," "project," "plan," "intend," "seek," "believe," "forecast," "foresee," "likely," "may," "should," "goal," "target," "might," "will," "could," "predict," "continue" and the negative or plural of these words and other comparable terminology. Forward-looking statements are only predictions based on our current expectations and our projections about future events. You should not place undue reliance on these forward-looking statements. We undertake no obligation to update any of these forward-looking statements for any reason. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from those expressed or implied by these statements. These factors include, but are not limited to, the Company's ability to consummate the India APA Transaction, the Equity Transaction, and/or the Mexico APA Transaction, including the Company's ability to satisfy the conditions of the applicable agreements and receive the requisite regulatory approvals as well as enter into agreements and complete sales of its remaining assets, the Company's ability to repay the amounts owed under the DIP Credit Agreement, including at the Default Rate, the Company's ability to continue its operations with the requisite financing and regulatory approvals, among other things, as well as the matters discussed in "Risk Factors," in our Annual Report on Form 10-K and subsequent reports filed with the SEC.

------

---

| | |
|:---|:---|
| **Item 9.01.** | **Financial Statements and Exhibits.** |

---

(d) Exhibits

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 10.1\* | [Asset Purchase Agreement, dated as of March 4, 2026, by and among TPI Composites, Inc., TPI Composites India Private Limited, certain non-debtor subsidiaries of TPI Composites, Inc., Vestas Wind Systems A/S and Vestas Wind Technology India Private Limited.](d102631dex101.htm) |
| 10.2\* | [Asset Purchase Agreement, dated as of March 4, 2026, by and among TPI Composites, Inc., certain of its debtor and non-debtor subsidiaries, and Vestas America Holdings, Inc.](d102631dex102.htm) |
| 10.3 | [Equity Commitment Agreement, dated as of March 4, 2026, by among TPI Mexico V, LLC, TPI Mexico VI, LLC, Vestas America Holdings, Inc. and Vestas Wind Systems A/S.](d102631dex103.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL Document) |

---

\* Certain schedules, exhibits and similar attachments have been omitted pursuant to Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule or exhibit will be furnished supplementally to the staff of the Securities and Exchange Commission upon request.

------

#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | TPI COMPOSITES, INC. | TPI COMPOSITES, INC. |
| Date: March 5, 2026 | By: | /s/ William E. Siwek |
|  |  | William E. Siwek |
|  |  | President and Chief Executive Officer |

---

## Exhibit 10.1

**Exhibit 10.1** 

**CONFIDENTIAL** 

**NOT TO BE DISCLOSED PUBLICLY** 

**Execution Version** 

**ASSET PURCHASE AGREEMENT** 

**dated as of March 4, 2026** 

**by and among** 

**VESTAS WIND TECHNOLOGY INDIA PRIVATE LIMITED,** 

**solely for the purposes of Article XII, VESTAS WIND SYSTEMS A/S** 

**TPI COMPOSITES INDIA PRIVATE LIMITED,** 

**TPI COMPOSITES, INC.,** 

**and** 

**CERTAIN OTHER PERSONS NAMED HEREIN** 

NOTE: STRICTLY PRIVATE AND CONFIDENTIAL DRAFT FOR DISCUSSION PURPOSES ONLY AND SUBJECT IN ALL RESPECTS TO THE CONFIDENTIALITY AGREEMENT SIGNED BETWEEN THE SELLERS (OR THEIR AFFILIATES) AND RECIPIENT (OR ITS AFFILIATE). CIRCULATION OF THIS DRAFT SHALL NOT GIVE RISE TO ANY DUTY TO NEGOTIATE OR CREATE OR IMPLY ANY OTHER LEGAL OBLIGATION. NO LEGAL OBLIGATION OF ANY KIND WILL ARISE UNLESS AND UNTIL A DEFINITIVE WRITTEN AGREEMENT IS EXECUTED AND DELIVERED BY ALL PARTIES.

------

**HIGHLY CONFIDENTIAL** 

**Table of Contents** 

---

| | | |
|:---|:---|:---|
|  |  | **Page** |
|  ARTICLE I DEFINITIONS | ARTICLE I DEFINITIONS | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 1.01. | Certain Defined Terms | 6 |
|  ARTICLE II PURCHASE AND SALE; CLOSING | ARTICLE II PURCHASE AND SALE; CLOSING | 24 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.01. | Purchase and Sale of Transferred IN Assets | 24 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.02. | Purchase and Sale of Transferred Non-Debtor Assets | 31 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.03. | Purchase and Sale of Transferred Debtor Assets | 31 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.04. | Assignment of Certain Transferred Assets and Transferred Contracts | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.05. | Closing. | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.06. | Designated Contracts; Cure Costs | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.07. | Withholding | 35 |
|  ARTICLE III PURCHASE PRICE | ARTICLE III PURCHASE PRICE | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 3.01. | Purchase Price | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 3.02. | Purchase Price Deposit Escrow | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 3.03. | Certain Closing Deliverables | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 3.04. | Reserved. | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 3.05. | Purchase Price Allocation | 38 |
|  ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE SELLERS | ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE SELLERS | 39 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.01. | Formation and Authority of the Sellers; Enforceability | 39 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.02. | No Conflicts | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.03. | Consents and Approvals | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.04. | Financial Information; Absence of Undisclosed Liabilities | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.05. | Absence of Certain Changes or Events | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.06. | Absence of Litigation | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.07. | Brokers | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.08. | Title; Sufficiency of Transferred Assets | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.09. | No Other Business | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.10. | Compliance with Laws, Permits | 43 |

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**HIGHLY CONFIDENTIAL** 

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.11. | Intellectual Property | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.12. | Environmental Matters | 44 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.13. | Material Contracts | 45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.14. | Employment and Employee Benefits Matters | 46 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.15. | Inventory | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.16. | Taxes | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.17. | Real Property | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.18. | Affiliate Transactions | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.19. | Insurance | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.20. | Corruption and Trade Regulation | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.21. | Accounts Payable | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.22. | Absence of Asset Transfers | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.23. | Intercompany Obligations | 53 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.24. | Deposits; IN GST Refund | 53 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.25. | Executory Contracts | 54 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.26. | Escheat; Unclaimed Property | 54 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.27. | No Other Representations or Warranties | 54 |
|  ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER | ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER | 55 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.01. | Formation and Authority of Buyer; Enforceability | 55 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.02. | No Conflict | 55 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.03. | Consents and Approvals | 55 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.04. | Absence of Litigation | 56 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.05. | Financial Ability | 56 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.06. | Brokers | 56 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.07. | Investigation | 56 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.08. | No Other Representations or Warranties | 57 |
|  ARTICLE VI ADDITIONAL AGREEMENTS | ARTICLE VI ADDITIONAL AGREEMENTS | 57 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.01. | Conduct of Business Before the Closing | 57 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.02. | Access to Information | 63 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.03. | Confidentiality | 63 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.04. | Regulatory Approvals | 64 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.05. | Third Party Consents | 66 |

---

------

**HIGHLY CONFIDENTIAL** 

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.06. | Termination of Vestas Purchase Agreement | 67 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.07. | Cooperation | 68 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.08. | Bulk Transfer Laws | 68 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.09. | Employee Matters | 68 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.10. | No Successor Liability | 70 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.11. | Business Transfer Agreement | 71 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.12. | Guarantees; Other Obligations | 72 |
|  ARTICLE VII POST-CLOSING COVENANTS | ARTICLE VII POST-CLOSING COVENANTS | 72 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 7.01. | Access | 72 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 7.02. | Preservation of Books and Records | 73 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 7.03. | Further Assurances | 73 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 7.04. | Wrong Pockets | 74 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 7.05. | Transferred Employees. | 74 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 7.06. | Taxes. | 74 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 7.07. | IN GST Refund | 75 |
|  ARTICLE VIII BANKRUPTCY PROVISIONS | ARTICLE VIII BANKRUPTCY PROVISIONS | 76 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 8.01. | Bankruptcy Court Filings | 76 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ARTICLE IX TAX MATTERS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ARTICLE IX TAX MATTERS | 77 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 9.01. | India Taxes | 77 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 9.02. | Transfer Taxes | 77 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 9.03. | Tax Adjustments | 78 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 9.04. | Tax Cooperation | 78 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 9.05. | Other Tax Matters | 78 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 9.06. | Survival | 79 |
|  ARTICLE X CONDITIONS TO CLOSING | ARTICLE X CONDITIONS TO CLOSING | 79 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 10.01. | Conditions to Obligations of the Sellers | 79 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 10.02. | Conditions to Obligations of Buyer | 80 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 10.03. | Frustration of Closing Conditions | 81 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 10.04. | Waiver of Closing Conditions | 81 |
|  ARTICLE XI TERMINATION | ARTICLE XI TERMINATION | 82 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 11.01. | Termination | 82 |

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**HIGHLY CONFIDENTIAL** 

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 11.02. | Notice of Termination | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 11.03. | Effect of Termination | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ARTICLE XII MISCELLANEOUS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ARTICLE XII MISCELLANEOUS | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.01. | Rules of Construction | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.02. | Expenses | 85 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.03. | Notices | 85 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.04. | Survival | 86 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.05. | Limitation on Liability | 86 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.06. | Public Announcements | 87 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.07. | Severability | 87 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.08. | Assignment | 87 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.09. | No Third-Party Beneficiaries | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.10. | Parent Guarantee. | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.11. | Entire Agreement | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.12. | Amendments | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.13. | Waiver | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.14. | Governing Law | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.15. | Dispute Resolution; Consent to Jurisdiction | 89 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.16. | Waiver of Jury Trial | 89 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.17. | Admissibility into Evidence | 90 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.18. | Remedies; Specific Performance | 90 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.19. | Non-Recourse | 90 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.20. | Interest | 91 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.21. | Disclosure Schedules and Exhibits | 91 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.22. | Counterparts | 91 |

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| | |
|:---|:---|
| <u>EXHIBITS</u> |  |
| Exhibit A-1 | Form of Bill of Sale, Assignment and Assumption Agreement (Asset Sale) |
| Exhibit A-2<br> Exhibit B | Form of Bill of Sale, Assignment and Assumption Agreement (Slump Sale)<br> Form of Asset Sale Delivery Note |
| Exhibit C | Form of IP Assignment Agreement |
| Exhibit D | Form of IP License Agreement |
| Exhibit E | Form of Business Transfer Agreement |
| Exhibit F | Form of Employee Transfer Agreement |
| Exhibit G | TSA Services Term Sheet |
| Exhibit H | Form of Termination and Release Agreement |
| <u>SCHEDULES</u> |  |
| Schedule A | Debtors |
| Schedule B | Debtor Seller Parties |
| Schedule C | Non-Debtor Seller Parties |

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**<u>ASSET PURCHASE AGREEMENT</u>**

This ASSET PURCHASE AGREEMENT, dated as of March 4, 2026 (the "**Agreement Date**"), is made by and among (a) TPI Composites India Private Limited, a company organized under the laws of India (the "**India Seller**"), (b) TPI Composites, Inc., a Delaware corporation ("**TPI Parent**"), (c) the parties set forth on <u>Schedule C</u> hereto (the "**Non-Debtor Seller Parties**" and together with TPI Parent and the India Seller, the "**Sellers**"), and (d) Vestas Wind Technology India Private Limited, a company incorporated under the laws of India ("**Buyer**"), and (e), solely for the purposes of <u>Article XII</u>, Vestas Wind Systems A/S, a corporation incorporated under the laws of Denmark ("**Buyer Parent**"). Each of the Sellers and Buyer is sometimes referred to herein individually as a "**Party**" and collectively as the "**Parties**". All capitalized terms used in this Agreement have the meanings ascribed to such terms in <u>Article I</u> herein. 

**RECITALS** 

**WHEREAS**, on August 11, 2025, TPI Parent and certain of its Affiliates (including the Debtors) filed voluntary petitions for relief under chapter 11 of title 11 of the United States Code, 11 U.S.C. § 101 et seq. (the "**Bankruptcy Code**"), in the United States Bankruptcy Court for the Southern District of Texas (such court, the "**Bankruptcy Court**" and such cases, the "**Bankruptcy Cases**");

**WHEREAS**, on or around January 8, 2026, Buyer Parent and certain of India Seller's Affiliates entered into that Amended and Restated Sub-Supplier Advance Agreement, as amended on or around the date of execution of this Agreement (the "**A&R Advance Agreement**");

**WHEREAS**, the India Seller is engaged in, or holds assets or liabilities relating to the Business, collectively, which constitutes the Target Business;

**WHEREAS**, each of the Sellers are engaged in, or hold assets or liabilities relating to, the Business in their respective jurisdictions; and

**WHEREAS**, the Sellers desire to sell to Buyer, and Buyer desires to purchase from the Sellers, the Transferred Assets, and Buyer desires to assume from the Sellers the Assumed Liabilities, in each case, on the terms and subject to the conditions set forth in this Agreement.

**NOW, THEREFORE**, for and in consideration of the foregoing and the representations, warranties, covenants and agreements set forth in this Agreement and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, agree as follows:

**ARTICLE I** 

**DEFINITIONS** 

Section 1.01. <u>Certain Defined Terms</u>.

"**Accounts Payable**" means all liabilities and obligations of the India Seller owed for goods or services that have been delivered or performed (or, in the case of Contractual obligations, to the

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extent the India Seller has otherwise received the benefit thereof), whether or not billed, invoiced, accrued, recorded or matured, including (a) trade payables, (b) vendor and supplier obligations, (c) liabilities for freight, shipping, logistics, installation and handling, (d) commissions, royalties and similar obligations based on sales or use, (e) other than Transaction Costs, liabilities for professional services (including legal, accounting, consulting and advisory services), (f) obligations owed to any Affiliate, officer, director, employee or related Person for goods or services provided prior to the Closing Date, (g) all liabilities for rebates, chargebacks, credits, returns, refunds, promotional allowances, slotting fees, warranties and other customer-related adjustments arising from sales or activities, and (h) any other obligation or commitment to pay that is properly characterized as an account payable or accrued expense under GAAP, in each case regardless of whether (w) such obligation has been reduced to writing, (x) an invoice has been received, (y) the obligation is due or past due, or (z) such liability is disputed or contingent. For the avoidance of doubt, "Accounts Payable" expressly includes all amounts related to goods or services that are not yet invoiced or recorded and shall not be reduced as a result of any delay or failure to receive a vendor invoice.

"**Action**" means any action, suit, arbitration, investigation, proceeding, claim, complaint, petition, mediation, or inquiry, whether civil or criminal, by or before any Government Authority, arbitrator or arbitration panel.

"**Adjusted Security Deposit Gross-Up Amount**" means an amount equal to the lesser of (a) the Lease Deposit Amount or (b) $3,500,000.

"**Affiliate**" means, with respect to any specified Person, any other Person that, at the time of determination, directly or indirectly through one or more intermediaries, Controls, is Controlled by or is under common Control with such specified Person.

"**Agreement**" means this Asset Purchase Agreement, by and among the Sellers and Buyer, including the Disclosure Schedules, and the schedules and Exhibits, and all amendments to such agreement made in accordance with <u>Section</u> <u>12.12</u>.

"**Agreement Date**" has the meaning set forth in the Preamble.

"**Anti-Corruption Laws**" has the meaning set forth in <u>Section</u> <u>4.20(a)(i)</u>.

"**Antitrust Laws**" means any Laws applicable to the Buyer or the Sellers under any applicable jurisdiction that are designed to prohibit, restrict or regulate actions having the purpose or effect of monopolization or restraint of trade.

"**APAC II**" has the meaning set forth in <u>Section</u> <u>6.06</u>.

"**Asset Sale Delivery Note**" has the meaning set forth in <u>Section</u> <u>3.03(a)(iii)</u>.

"**Assumed Accounts Payable**" means the bona fide trade accounts payable of the India Seller for goods or services that are Related to the Business, including trade payables to vendors and suppliers and, other than Transaction Costs, Liabilities for professional services (including legal, accounting, consulting and advisory services) and those Liabilities included in the accounts set forth on <u>Section</u> <u>1.01(a)</u> of the Disclosure Schedules, in each case, which: (i) are invoiced or

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properly accrued on the books and records of the India Seller in accordance with past practice as of immediately prior to the Effective Time, (ii) remain unpaid as of the Effective Time, (iii) were incurred in the ordinary course of business consistent with past practice and not as a result of any unusual, extraordinary, non-recurring nor accelerated transaction, (iv) did not arise out of or relate to any breach, default, violation of Law, misrepresentation, or failure to perform by India Seller or any of its Affiliates prior to the Effective Time, (v) are not owed to any Affiliate, Representative or equity holder of India Seller, (vi) do not relate to any Excluded Liability or any matter occurring prior to the Effective Time that would give rise to indemnification or other claim against any Seller or an Affiliate thereof, (vii) are not Taxes (other than sales Taxes incurred in the ordinary course), Debt, Transaction Costs, or bonuses, severance, retention, change-in-control, or other compensation payable to employees in connection with the Transactions; <u>provided</u>, that in no event shall the aggregate amount of Assumed Accounts Payable exceed $14,500,000.

"**Assumed Employee Plans**" means the Employee Plan set forth on <u>Section</u> <u>4.14(a)</u> of the Disclosure Schedules.

"**Assumed Liabilities**" has the meaning set forth in <u>Section</u> <u>2.01(c)</u>.

"**Assumed IN Liabilities**" means the Assumed Liabilities of India Seller.

"**Available Contract Schedule**" has the meaning set forth in <u>Section</u> <u>2.06(b)</u>.

"**Available Executory Contract**" has the meaning set forth in <u>Section</u> <u>2.06(b)</u>.

"**Bankruptcy and Equity Exception**" means the effect on enforceability of (a) any applicable Law relating to bankruptcy, reorganization, insolvency, moratorium, fraudulent conveyance or preferential transfers, or similar Law relating to or affecting creditors' rights generally and (b) general principles of equity (regardless of whether enforceability is considered in a proceeding in equity or at law).

"**Bankruptcy Cases**" has the meaning set forth in the Recitals.

"**Bankruptcy Code**" has the meaning set forth in the Recitals.

"**Bankruptcy Court**" has the meaning set forth in the Recitals.

"**Base Purchase Price**" means $9,999,999.

"**Bid Procedures**" means the bid procedures approved by the Bankruptcy Court and annexed to the Bidding Procedures Order as Exhibit 1.

"**Bidding Procedures Order**" means the Order (*I*) Approving (*A*) Bid Procedures for Sale of Debtors' Assets, (*B*) Form and Manner of Notice of Sale, Auction, and Sale Hearing, and (*C*) Assumption and Assignment Procedures, (*II*) Scheduling Auction for and Hearing to Approve Sale of Debtors' Assets, and (*III*) Granting Related Relief (ECF No. 288).

"**Bill of Sale, Assignment and Assumption Agreement (Asset Sale)**" has the meaning set forth in <u>Section</u> <u>3.03(a)(i)</u>.

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"**Bill of Sale, Assignment and Assumption Agreement (Slump Sale)**" has the meaning set forth in <u>Section</u> <u>3.03(a)(ii)</u>.

"**BladeAssure Product**" means the proprietary quality control technology solution used by the India Seller and its Affiliates to control and validate the manufacturing of wind blades.

"**Burdensome Condition**" has the meaning set forth in <u>Section</u> <u>6.04(c)</u>.

"**Business**" means the business (including, but not limited to, the assets and employees) of the Sellers and the Debtor Seller Parties consisting of (a) the manufacturing of wind turbine blades for Buyer or its Affiliates at or from facilities located in Chennai, India and (b) the repair, inspection and servicing of wind turbine blades for Buyer or its Affiliates to the extent such repair, inspection or servicing is conducted by India Seller as of the date of this Agreement.

"**Business Day**" means any day that is not a Saturday, a Sunday or other day on which commercial banks in New York City, New York, Tamil Nadu, India or Aarhus, Denmark are required or authorized by Law to be closed.

"**Business Insurance Policy**" means any Insurance Policy exclusively related to, exclusively held for use in, or exclusively used in connection with the Business.

"**Business Intellectual Property**" means all (a) Business Registered IP, (b) Intellectual Property in Business Technology (including Software) and (c) all other Intellectual Property to the extent owned by the Sellers or Debtor Seller Parties to the extent Related to the Business.

"**Business Registered IP**" means patents, patent applications, trademark registrations, applications for Trademark registration, copyright registrations and Internet domain names to the extent owned, or purported to be owned, by the Sellers or Debtor Seller Parties to the extent Related to the Business (if any).

"**Business Systems**" means all Systems Related to the Business to the extent owned by the Sellers or Debtor Seller Parties.

"**Business Technology**" means all Technology (a) Related to the Business to the extent owned by the Sellers or Debtor Seller Parties or (b) as set forth on <u>Section</u> <u>1.01(b)</u> of the Disclosure Schedules.

"**Business Transfer Agreement**" has the meaning set forth in <u>Section</u> <u>3.03(a)(viii)</u>.

"**Buyer Transaction Agreements**" means this Agreement and each other Transaction Agreement to which Buyer is named as a party on the signature pages thereto.

"**Buyer Transactions**" means the transactions contemplated by the Buyer Transaction Agreements.

"**Cash**" means, except for Deposits, (a) all cash and cash equivalents, including restricted cash, checks, commercial paper, treasury bills, certificates of deposit, securities, securities entitlements, instruments and other investments and (b) all bank accounts and securities accounts, calculated in accordance with GAAP and the Sellers' books and records.

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"**Change**" has the meaning set forth in the definition of "Material Adverse Effect".

"**Closing**" has the meaning set forth in <u>Section</u> <u>2.05</u>.

"**Closing Conditions**" means the conditions to the respective obligations of the Parties to consummate the Transactions contemplated by this Agreement, in each case, as set forth in <u>Article X</u>.

"**Closing Date**" has the meaning set forth in <u>Section</u> <u>2.05</u>.

"**Code**" means the U.S. Internal Revenue Code of 1986, as amended.

"**Collective Bargaining Agreement**" means any written agreement between the Sellers, Debtor Seller Parties, or their respective Affiliates with a Union representing any Covered Indian Employees or Covered Employees that governs the terms and conditions of employment whether or not such agreement is expired by its terms.

"**Commercial Arrangements**" shall mean, collectively (a) that certain Amended & Restated Sub-Supplier Advance Agreement, by and among, TPI Mexico V, LLC, TPI Composites II, S. de R.L. de C.V., APAC II, India Seller and Buyer Parent, dated as of January 8, 2026, as may be amended, restated, or amended and restated from time to time and (b) the Vestas India Purchase Agreement.

"**Confidentiality Agreement**" means the Confidentiality Agreement dated as of October 16, 2025, by and between Buyer and TPI Parent, as the same may be amended from time to time in accordance with its terms.

"**Consent**" means any consent, approval or authorization.

"**Contract**" means any written or oral contract, agreement, undertaking, indenture, note, bond, mortgage, lease, sublease, license, sublicense, sales order, purchase order or other instrument or commitment that purports to be binding on any Person or any part of its property (or subjects any such assets or property to a Lien), including any amendments thereto. The term "Contractual" shall have a correlative meaning.

"**Contracting Parties**" has the meaning set forth in <u>Section</u> <u>12.19</u>.

"**Control**" means, with respect to any Person, the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by Contract or otherwise. The terms "Controlled by," "Controlled," "under common Control with" and "Controlling" shall have correlative meanings.

"**Covered Employee**" means each employee of Global SSC set forth on <u>Section</u> <u>1.01(c)</u> of the Disclosure Schedules.

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"**Covered Indian Employee**" means each employee of the India Seller who provides substantially all of such employee's services to the Business (but excludes all contract workers or employees who are engaged through a third Person), as set forth on <u>Section</u> <u>1.01(d)</u> of the Disclosure Schedules.

"**Cure Costs**" means any and all amounts, costs or expenses that must be paid or actions or obligations that must be performed or satisfied pursuant to the Bankruptcy Code to effectuate the assumption by TPI Parent (or a Debtor Seller Party), and the assignment to Buyer or an Affiliate designated by Buyer, of the Transferred Executory Contracts to which TPI Parent (or such Debtor Seller Party) is party, as determined in accordance with the Bid Procedures or agreed to by TPI Parent (or such Debtor Seller Party), on the one hand, and the non-Seller counterparty to the applicable Transferred Executory Contract, on the other hand.

"**Cure Notice**" has the meaning set forth in <u>Section</u> <u>2.06(b)</u>.

"**Data**" means databases and compilations, including all data and collections of data, whether machine readable or otherwise.

"**Data Protection Obligations**" means, to the extent applicable, the Payment Card Industry Data Security Standards and all applicable Laws, in each case, as amended, consolidated, re-enacted or replaced from time to time, that are related to the privacy, security, data-breach notification, protection, or Processing of Personal Data (including Laws of jurisdictions where Personal Data was collected), including, but not limited to, as applicable, the Federal Trade Commission Act, The Controlling the Assault of Non-Solicited Pornography And Marketing Act of 2003, California Consumer Privacy Act, the Telephone Consumer Protection Act, the Telemarketing and Consumer Fraud and Abuse Prevention Act, Children's Online Privacy Protection Act, the Gramm Leach Bliley Act, the Electronic Communications Privacy Act, the Fair Credit Reporting Act, the Fair and Accurate Credit Transaction Act, the EU General Data Protection Regulation ("**GDPR**"), Federal Data Protection Act of 19 June 1992 (Switzerland), the GDPR as amended and incorporated into UK Law under the UK European Union (Withdrawal) Act 2018, and EU or EU Member state Laws, U.S. state data security Laws, U.S. state biometric privacy acts, U.S. state social security number protection Laws, and U.S. state data breach notification Laws.

"**Debt**" means, without duplication, all monetary obligations of any nature (including principal and accrued interest related thereto), whether current or funded, secured or unsecured (a) for borrowed money, (b) evidenced by notes, bonds, debentures, mortgages or similar instruments, but excluding letters of credit to the extent not drawn upon, in each case, from third party lending sources, (c) under any leases required to be recorded as capital leases under GAAP, and (d) any guarantees made in respect of Debt of the type described in <u>clauses (a)</u>, <u>(b)</u> or <u>(c)</u> above. Notwithstanding the foregoing, "**Debt**" shall not include (i) trade payables not in the form of debt for borrowed money and (ii) any amounts included in Transaction Costs.

"**Debtor Seller Party**" means each Debtor that owns any right, title or interest in, to or under any asset that is exclusively related to, exclusively held for use in, or exclusively used in connection with the Business, as set forth on <u>Schedule B</u>. 

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"**Debtors**" means TPI Parent and those certain Affiliates of TPI Parent set forth on <u>Schedule A</u>.

**"Deferred Lease Amount"** means an amount equal to $272,226.11, representing the amount of withheld rent under the July 2023 Aarush lease (as described on <u>Section</u> <u>4.17(c)</u> of the Disclosure Schedules), together with all accrued interest, penalties and similar charges thereon as of immediately prior to the Effective Time; provided, however, that the Deferred Lease Amount shall be reduced, dollar-for-dollar by the amount by which, and solely to the extent that: (a) the parties to the July 2023 Aarush lease agree in writing, in form and substance reasonably satisfactory to Buyer, that Seller is not responsible for payment of such amount (or any portion thereof), without any amendment, waiver or modification to the terms of such lease or any other obligation that would be adverse to Buyer or the Business (unless, in each case, Buyer consents to such amendment, waiver or modification, in its sole discretion); or (b) Seller actually pays such amount (or the applicable portion thereof) to the landlord prior to the Closing, in which case Seller shall provide Buyer with reasonable documentary evidence of such payment and the amount thereof.

"**Deposits**" means all deposits paid to or held in trust by, any third party (including customer deposits and security deposits for rent, electricity, telephone or otherwise and adequate assurance deposits posted in accordance with section 366 of the Bankruptcy Code) and prepaid or deferred charges and expenses paid to any third party.

"**Designation Deadline**" has the meaning set forth in <u>Section</u> <u>2.06(c)</u>.

"**Disclosure Schedules**" means disclosure schedules dated as of the Agreement Date delivered by the Sellers to Buyer, that set forth, among other things, the applicable Transferred Assets, Excluded IN Assets, and Assumed Liabilities in accordance with <u>Section</u> <u>2.01</u>, which form a part of this Agreement.

"**Effective Time**" means 12:01 a.m. Eastern Time on the Closing Date.

"**Embargoed Countries**" has the meaning set forth on <u>Section</u> <u>4.20(e)</u>.

"**Employee Plans**" means all employee benefit plans, funds, provisions, schemes or proposals provided by any Seller or any of its respective Affiliates to the Covered Indian Employees and Covered Employees, and each other retirement, welfare benefit, bonus, stock option, stock purchase, restricted stock, incentive, deferred compensation, employment, retention, termination, or severance programs or agreements, in each case, pursuant to which such Seller currently has, or could reasonably be expected to have, any Liability for any Covered Indian Employees or Covered Employees or their respective dependents (contingent or otherwise).

"**Employee Transfer Agreement**" means, with respect to each Covered Indian Employee employed by the India Seller and each Covered Employee employed by Global SSC, the tripartite agreement to be executed among such Seller, Buyer and such Covered Indian Employee or Covered Employee recording the terms of transfer of employment of such Covered Indian Employee or Covered Employee to Buyer, in the form attached hereto as <u>Exhibit F.</u>

"**Enforcement Exceptions**" has the meaning set forth in <u>Section</u> <u>6.11(d)</u>.

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"**Environmental Law**" means any applicable Law promulgated by a Government Authority relating to pollution or protection of the environment or worker health and safety as related to exposure to Hazardous Materials.

"**Environmental Permit**" means any Permit that is issued or required by a Government Authority under any Environmental Law and necessary to the operation of the Business as of the Agreement Date.

"**Excluded Bad Actor Liabilities**" means any Liabilities arising from acts, omissions or other activities or circumstances of India Seller or its Affiliates or any of their respective Representatives arising from or relating to (a) fraud, recklessness, gross negligence or willful misconduct, or (b) any actual or alleged criminal act, criminal conduct, or criminal violation of any applicable Law including (i) any fines, penalties, forfeitures, or assessments imposed by any Government Authority in connection with any criminal investigation, prosecution, or proceeding, (ii) any costs of defense, settlement amounts, judgments, or other amounts payable in connection with any criminal matter, and (iii) any Liabilities arising from or related to any plea, conviction, deferred prosecution agreement, non-prosecution agreement, or similar arrangement.

"**Export Delay**" has the meaning set forth in <u>Section</u> <u>7.07(c)</u>.

"**Export Outside Date**" has the meaning set forth in <u>Section</u> <u>7.07(c)</u>.

"**Escrow Agent**" means Citibank, N.A.

"**Escrow Agreement**" means that certain Escrow Agreement, dated as of October 20, 2025, by and between TPI Parent and the Escrow Agent. 

"**Excluded Debtor Contracts**" means all executory Contracts other than those expressly assumed as Transferred Executory Contracts hereunder.

"**Excluded IN Assets**" has the meaning set forth in <u>Section</u> <u>2.01(b)</u>.

"**Excluded Liabilities**" has the meaning set forth in <u>Section</u> <u>2.01(d)</u>.

"**Exhibits**" means the exhibits to this Agreement (as may be amended from time to time in accordance herewith) which form a part of this Agreement.

"**Financial Statements**" has the meaning set forth in <u>Section</u> <u>4.04(a)</u>.

"**Force Majeure Event**" means any acts of God, fire, flood, labor or trade disturbance, war, riots, civil commotion, pandemic, or other event or condition beyond the reasonable control of Buyer.

"**Fraud**" has the meaning set forth in <u>Section</u> <u>12.05</u>.

"**GAAP**" means U.S. generally accepted accounting principles.

"**Global SSC**" means TPI Global SSC India Private Limited, a private company organized under the laws of India.

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"**Government Approvals**" has the meaning set forth in <u>Section</u> <u>6.04(a)</u>.

"**Government Authority**" means any U.S. federal, state or local or any supra-national or non-U.S. government, political subdivision, governmental, regulatory or administrative authority, instrumentality, agency, body or commission, self-regulatory organization or any court, tribunal, or judicial or arbitral body or any Taxing Authority.

"**Guaranteed Obligations**" has the meaning set forth in <u>Section</u> <u>12.10</u>.

**"GST**" means the taxes levied/payable in India under the framework of laws emanating from Central Goods and Service Tax Act 2017, the Integrated Goods and Service Tax Act 2017, the Union Territory Goods and Service Tax Act 2017, the Goods and Service Tax (Compensation to States) Act 2017, applicable State GST legislations and all the rules made thereunder, relevant notifications, press releases, circulars, instructions, clarifications, frequently asked questions and orders issued thereunder and any amendments made thereto.

"**Hazardous Materials**" means any substance, material or waste that is defined or regulated as "hazardous," "toxic," "radioactive," a "pollutant," a "contaminant" or words of similar meaning and regulatory effect under any applicable Environmental Law, including but not limited to, (a) any petroleum or petroleum product, oil or waste oil; (b) any asbestos or polychlorinated biphenyls; and (c) any other chemical, material or substance (whether solid, liquid or gaseous), the exposure to which or whose discharge emission, disposal or Release is prohibited, limited or regulated under any applicable Environmental Law.

"**IN GST Advance**" has the meaning set forth in <u>Section</u> <u>7.07(c)</u>.

"**IN GST Goods**" means finished goods produced by India Seller and the corresponding transportation frames shipped therewith prior to the Closing and being stored by India Seller for Buyer Parent's (or its Affiliates') benefit, as of the Closing Date.

**"IN GST Refund"** means any refund, credit, reimbursement or similar benefit arising under goods and services Taxes imposed by any Government Authority in India to which India Seller is entitled under applicable Law when IN GST Goods are exported, calculated as of immediately prior to the Effective Time; provided, that, for the avoidance of doubt, IN GST Refund shall exclude any refund, credit, reimbursement or similar benefit arising under goods and services Taxes imposed by any Government Authority in India arising from or attributable to the transactions contemplated by this Agreement, if any (excluding those transactions contemplated by <u>Section</u> <u>7.07</u>).

"**IN Purchase Price**" means an amount equal to (a) the Base Purchase Price <u>plus</u> (b) the Adjusted Security Deposit Gross-Up Amount.

"**India Seller**" has the meaning set forth in the Recitals.

"**Indian Income Tax Act**" shall mean the Income Tax Act 1961 of India, as may be amended or supplemented or replaced or substituted from time to time including any statutory modifications or re-enactment thereof, together with all applicable by-laws, rules (including Income Tax Rules 1962 of India), regulations, orders, ordinances, policies, directions and the like issued hereafter.

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"**Insurance Policies**" means, collectively, all policies and programs of or agreements for insurance and interests in insurance pools and programs of (a) the India Seller, or (b) any other Seller or Non-Debtor Seller Party, in each case, which are Related to the Business, in each case, including self-insurance.

"**Intellectual Property**" means any and all intellectual property rights or similar proprietary rights throughout the world, including any and all: (a) patents and patent applications, including reissues, division, continuations, continuations-in-part, extensions and reexaminations; (b) copyrights, moral rights, mask work rights, database rights and design rights, including all applications, registrations, extensions, renewals and reversions of the foregoing; (c) Trademarks; (d) know-how and Trade Secrets; (e) Internet domain names; (f) rights in Software; (g) improvements to any of the foregoing; (h) rights to apply for, obtain, prosecute, register, maintain and defend any of the foregoing; (i) rights of publicity and rights of privacy; (j) rights to assert, claim or sue and collect damages for the past, present or future infringement, misappropriation or other violation of any of the foregoing; (k) rights in all of the foregoing provided by treaties, conventions and all other applicable Laws; and (l) all other intellectual property rights of any kind or nature including all such intellectual property rights in or relating to Technology.

"**Interest Rate**" means the rate designated from time to time in Section 6621(a)(2) of the Code, compounded on a daily basis.

"**International Trade Laws**" shall mean any applicable Law, regulation, or legal requirement concerning the importation, exportation, re-exportation or deemed exportation of items, technical data, or technology, foreign including the Tariff Act of 1930 and other Laws relating to the import of items into the U.S. administered by U.S. Customs and Border Protection; the Export Administration Regulations, 15 C.F.R. Part 730 et seq.; the Foreign Trade Regulations, 15 C.F.R. Part 30; the Arms Export Control Act; the International Traffic in Arms Regulations, 22 C.F.R. Part 120-130; executive orders and Laws administered by OFAC; the International Emergency Economic Powers Act; the Trading With the Enemy Act; the anti-boycott Laws administered by the U.S. Department of Commerce and the U.S. Department of the Treasury; and export control and trade sanctions Laws administered by the Member States of the European Union.

"**IP Assignment Agreement**" has the meaning set forth in <u>Section</u> <u>3.03(a)(v)</u>.

"**IP License Agreement**" has the meaning set forth in <u>Section</u> <u>3.03(a)(vi)</u>.

"**Knowledge of the Sellers**" means the actual knowledge of William Siwek, Ryan Miller, Chuck Stroo, James Schimanski, Steven Fishbach and Sunil Srivastava, and the knowledge such Persons would have after reasonable due inquiry of their direct reports generally knowledgeable about the subject matter in question.

"**Law**" means any U.S. or non-U.S. federal, state, or local statute, law, ordinance, regulation, rule, code, act, treaty, Order, or other requirement or rule of law (including common law) promulgated by a Government Authority.

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"**Lease Deposit Amount**" means the value of the Leased Real Property Deposits, as of immediately prior to the Effective Time.

"**Lease Registrations**" has the meaning set forth in <u>Section</u> <u>6.05(b)</u>.

"**Lease Transfer Agreements**" has the meaning set forth in <u>Section</u> <u>3.03(a)(iv)</u>.

"**Leased Real Property**" means any real property that is leased, subleased or licensed by the India Seller, in each case, granting the India Seller a right of use or occupancy in such real property.

"**Leased Real Property Deposits**" means any Deposits with respect to Leased Real Property (excluding Utility Deposits).

"**Leasehold Security Deposits**" has the meaning set forth in <u>Section</u> <u>4.24(b)</u>.

"**Leases**" means the real property leases, subleases or licenses governing the Leased Real Property, including the Transferred Leases.

"**Liabilities**" means any liability, Debt, guarantee, claim, demand, loss, damage, expense, fine, penalty, duty, responsibility, commitment, assurance or obligation (whether known or unknown, direct or indirect, fixed, absolute or contingent, matured or unmatured, accrued or unaccrued, asserted or unasserted, ascertained or ascertainable, disputed or undisputed, liquidated or unliquidated, secured or unsecured, joint or several, vested or unvested, executed, determined, determinable, in contract, tort, strict liability, or otherwise, or due or to become due, including any liability for Taxes, other than Transfer Taxes) of any kind, character, or description, including all costs and expenses related thereto.

"**Lien**" means any mortgage, deed of trust, pledge, hypothecation, security interest, encumbrance, license, claim, lien or charge of any kind.

"**Material Adverse Effect**" means any fact, event, change, effect, development, circumstance, or occurrence (each, a "**Change**") that, individually or in the aggregate, has had or would reasonably be expected to have a material adverse effect on the business, operations, properties, assets or condition (whether financial or otherwise) of the Business; <u>provided</u>, that, none of the following, either alone or in combination, will constitute a Material Adverse Effect: (a) any Change in the United States or foreign economies or securities or financial markets in general (including any decline in the price of securities generally or any market or index); (b) any Change that generally affects any industry in which the Business operates, or that is the result of general business or economic conditions in any of the geographical areas, in which the Business operates; (c) national or international political or social conditions, including any Change arising in connection with protests, civil unrest, riots, public disorder, hostilities, acts of war, sabotage or terrorism or military action or any escalation or material worsening of any such protests, civil unrest, riots, public disorder, hostilities, acts of war, sabotage or terrorism or military action, whether commenced before or after the date hereof and whether or not pursuant to the declaration of a national emergency or war; (d) the occurrence of any act of God or other calamity or force majeure event (whether or not declared as such), including any strike, labor dispute, civil disturbance, cyberattack, embargo, natural disaster, fire, flood, hurricane, tornado, or other weather

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**HIGHLY CONFIDENTIAL** 

event or any global health conditions (including any epidemic, pandemic or other outbreak of illness) or any action by any Government Authority related to the foregoing; (e) any actions taken by Buyer or expressly required to be taken or omitted to be taken by the Sellers pursuant to this Agreement or any other Transaction Agreement or actions taken or omitted to be taken by the Sellers at the written request or written consent of Buyer; (f) any Changes in applicable Laws or GAAP (or other relevant accounting rules); (g) any Change resulting from the filing or pendency of the Bankruptcy Cases; (h) any Change resulting from the public announcement of the entry into this Agreement, compliance with terms of this Agreement or the consummation of the Transactions; (i) any effects or Changes arising from or related to the breach of this Agreement by Buyer; or (j) the failure, in and of itself of any Seller, Debtor Seller Party or the Business to meet any internal or published projections, forecasts, budgets, guidance or predictions in respect of revenues, earnings or other financial or operating metrics; <u>provided</u>, <u>further</u>, that the exceptions set forth in <u>clauses (a)</u> through <u>(d)</u> of this definition shall not be regarded as exceptions solely to the extent that any such described Change has a disproportionately adverse impact on the Business or the Sellers, as compared to other companies similarly situated in the industries in which the Business or the Sellers operate.

"**Material Contracts**" has the meaning set forth in <u>Section</u> <u>4.13(a)</u>.

"**Missing Refund Amount**" has the meaning set forth in <u>Section</u> <u>7.07(c)</u>.

"**Non-Debtor Seller Parties**" has the meaning set forth in the Preamble.

"**Non-Ordinary Course Employment Liabilities**" means all non-ordinary course Liabilities relating to employees, personnel, independent contractors, consultants, Employee Plans, or related matters, including those arising out of or relating to: (a) any act, omission, breach, violation of Law or Contract, or failure by any Seller to pay any amounts owed to any Covered Employee or Covered Indian Employee or to withhold applicable Taxes on any such amount on or prior to the Closing Date; (b) any delinquent or disputed compensation, wages, bonuses, commissions, incentives, or other remuneration attributable to any period on or prior to the Closing Date and payable to any Covered Employee or Covered Indian Employee; (c) any severance, separation, notice pay, retention, transaction bonus, change in control, stay bonus, or similar payment that is (i) payable (with notice or lapse of time or both) to any Covered Employee or Covered Indian Employee who is offered employment but does not become a Transferred Employee, and/or (ii) contemplated in <u>clause (b)</u> of the definition of Transaction Costs; (d) misclassification claims, wage-and-hour claims, overtime claims, or claims relating to independent contractors, consultants, or leased employees; (e) any Employee Plans, other than Assumed Employee Plans, or any Liabilities relating thereto; or (f) any employment-related claims, grievances, arbitrations, investigations, or litigation arising from or relating to any period on or prior to the Closing Date, including claims for wrongful termination, discrimination, harassment, retaliation, or violation of employment Laws.

"**Nonparty Affiliates**" has the meaning set forth in <u>Section</u> <u>12.19</u>.

"**Order**" means any order, writ, judgment, injunction, temporary restraining order, decree, stipulation, determination, settlement, or award entered by or with any Government Authority.

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"**Other Required Approvals**" means the approvals of the Government Authorities or applicable work councils (or similar governing bodies) set forth on <u>Section</u> <u>1.01(e)</u> of the Disclosure Schedules.

"**Outside Date**" has the meaning set forth in <u>Section</u> <u>11.01(d)</u>.

"**Party**" or "**Parties**" has the meaning set forth in the Preamble.

"**Permits**" means all permits, licenses, approvals, authorizations, clearances, closures, decisions, registrations, concessions, grants, franchises, certificates, exemptions, variances, waivers and filings issued or required by any Government Authority or self-regulatory organizations under applicable Law.

"**Person**" means any natural person, general or limited partnership, corporation, company, trust, limited liability company, limited liability partnership, firm, association, Government Authority, organization or other legal entity.

"**Personal Data**" means information that identifies or is reasonably capable of identifying an individual person, including, but not limited to: (a) personally identifiable information (*e.g.*, name, address, telephone number, email address, financial account number, medical or health information, government-issued identifier, and any other data used or reasonably capable of being used to identify, contact or precisely locate an individual person); (b) internet protocol address or other persistent identifier; and (c) any other definition for "personal information," "personal data," or another similar term provided by applicable Law.

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"**Post-Closing Employment Transfer Date**" has the meaning set forth in <u>Section</u> <u>7.05</u>.

"**Post-Closing Tax Period**" means any taxable period beginning after the Closing Date and the portion of any Straddle Period beginning after the Closing Date.

"**Pre-Closing Period**" means the period beginning on the Agreement Date and ending on the earlier of the Closing Date and the date this Agreement is terminated in accordance with its terms.

"**Pre-Closing Tax Period**" means any taxable period ending on or before the Closing Date and the portion of any Straddle Period ending on and including the Closing Date.

"**Privacy Policies**" means all published, publicly posted, and written internal policies, procedures, and notices of the Sellers concerning the collection, use, or Processing of Personal Data.

"**Process**" or "**Processing**" means any operation or set of operations which is performed on Personal Data, whether or not by automated means, such as the receipt, access, acquisition, collection, recording, organization, compilation, structuring, storage, adaptation or alteration, retrieval, consultation, use, disclosure by transfer, transmission, dissemination or otherwise making available, alignment or combination, restriction, disposal, erasure or destruction of such Personal Data or sets of Personal Data.

"**Purchase Price Allocation**" has the meaning set forth in <u>Section</u> <u>3.05</u>.

"**Purchase Price Deposit Escrow Account**" means the account established by the Escrow Agent to hold the Purchase Price Deposit Escrow Amount pursuant to the terms of the Escrow Agreement.

"**Purchase Price Deposit Escrow Amount**" means $1,000,000.

"**Recovered IN GST Amount**" has the meaning set forth in <u>Section</u> <u>7.07(d)</u>.

"**Registration Appointment**" has the meaning set forth in <u>Section</u> <u>6.05(b)</u>.

"**Related Assets Purchase Price**" means an amount equal to $1.00.

"**Related to the Business**" means, (a) with respect to the India Seller, primarily related to, primarily held for use in, primarily used in connection with or necessary for the conduct of the Business and (b) with respect to TPI Parent, the Non-Debtor Seller Parties and the Debtor Seller Parties, exclusively related to, exclusively held for use in, or exclusively used in connection with the conduct of the Business.

"**Release**" means any spilling, leaking, pumping, pouring, emitting, emptying, discharging, injecting, depositing, escaping, leaching, dumping, disposing or migration of any Hazardous Materials, including the abandonment or discarding of barrels, containers and other receptacles containing any Hazardous Materials.

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"**Representative**" of a Person means the directors, officers, employees, advisors, agents, consultants, attorneys, accountants, financial advisors or other representatives of such Person.

"**Required Approvals**" all clearances, approvals, or other consents required pursuant to applicable Antitrust Law.

"**Sale Order**" shall be an Order or Orders approved by the Bankruptcy Court, which approves the Transactions solely with respect to the rights and obligations of TPI Parent and each Debtor Seller Party in connection therewith, in form and substance reasonably acceptable to TPI Parent, the Debtor Seller Parties, and Buyer.

"**Seller Guarantees**" means, collectively, all letters of credit, guarantees, surety bonds, performance bonds and other financial assurance obligations issued or entered into by or on behalf of (or for the account of) the Sellers or any of their Affiliates Related to the Business.

"**Seller Transaction Agreements**" means this Agreement and each other Transaction Agreement to which any Seller or Debtor Seller Party is party, including those contracts, agreement, instruments and documents required to be delivered pursuant to <u>Section</u> <u>3.03(a)</u>.

"**Seller Transactions**" means the transactions contemplated by the Seller Transaction Agreements.

"**Sellers' Bankers**" has the meaning set forth in <u>Section</u> <u>4.07</u>.

"**Sellers**" has the meaning set forth in the Preamble.

"**SIPCOT Arrangement**" means the deed of agreement for capital subsidy dated 11 March 2024 executed by and between State Industries Promotion Corporation of Tamil Nadu Limited and India Seller read along with the memorandum of understanding dated 24 January 2019 executed by and between Government of Tamil Nadu and TPI Parent, as amended or supplemented from time to time.

"**Slump Sale Treatment**" has the meaning set forth in <u>Section</u> <u>6.11(a)</u>.

"**Software**" means all (a) computer programs, including all software implementation of algorithms, models and methodologies, whether in source code, object code, human readable form or other form, (b) descriptions, flow charts and other work products used to design, plan, organize and develop any of the foregoing, screens, user interfaces, report formats, firmware, development tools, templates, menus, buttons and icons, (c) databases and compilations, including any and all Data and collections of Data, whether machine readable or otherwise, (d) documentation including user manuals and other training documentation related to any of the foregoing, in each case, <u>clauses (a)</u> through <u>(d)</u>; and (e) Data, and does not include any commercially available, off-the-shelf software.

"**Straddle Period**" has the meaning set forth in <u>Section</u> <u>9.03</u>.

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"**Subsidiary**" of any specified Person means any other Person of which such first Person owns (either directly or through one or more other Subsidiaries) a majority of the outstanding equity securities or securities carrying a majority of the voting power in the election of the board of directors, the board of managers or other governing body of such Person, and with respect to which entity such first Person is not otherwise prohibited contractually or by other legally binding authority from exercising Control.

"**Systems**" means all Software, servers, network and telecommunications equipment, and other computer hardware, used to process, store, maintain, or operate Data, information or functions.

"**Target Business**" means the Transferred IN Assets, together with the Assumed Liabilities of the India Seller and the Transferred Employees of the India Seller.

"**Tax**" or "**Taxes**" means any tax, including any U.S. and non-U.S. federal, state, county, local and municipal taxes, contributions, assessments, reassessments, duties or similar charges of any kind whatsoever, whether direct or indirect, including income, alternative or add-on minimum, excise, gross receipts, ad valorem, value-added (including VAT), sales, use, goods and services (including GST), production, employment, unemployment, severance, franchise, profits, registration, license, withholding, collection, equalization levy, capital gains taxes, lease, service, environmental, recording, documentary, filing, permit or authorization, stamp, business and occupation, gains, property (including real or personal property) leasing, transfer, payroll, social security, customs or other similar taxes or governmental fees in the nature of a tax, together with any surcharges, interest, penalties, additions to tax or additional amounts imposed by any Taxing Authority with respect thereto or amounts arising due to any failure to comply with any requirement imposed by any Government Authority with respect to any Tax Return, in each case, whether disputed or not.

"**Tax Contest**" has the meaning set forth in <u>Section</u> <u>9.05</u>.

"**Tax Returns**" means all returns and reports (including elections, declarations, disclaimers, notices, disclosures, schedules, estimates, claims (including claims for refunds), real property transfer returns and information returns), including amendments thereof and attachments thereto, filed or supplied (or required to be filed or supplied) to a Taxing Authority relating to the determination, assessment, withholding, collection or administration of Taxes.

"**Taxing Authority**" means any U.S. or non-U.S. federal, state, county or municipal or other local government or subdivision, agency, commission or authority thereof, or any quasi-governmental body exercising tax and/or regulatory authority, imposing Taxes and the agencies, if any, charged with the collection of such Taxes for such jurisdiction.

"**Technology**" means all technology, Software, information, designs, formulas, algorithms, procedures, models, discoveries, processes, techniques, methods, ideas, know-how, technical Data, programs, subroutines, research and development, tools, materials, specifications, processes, inventions (whether patentable or unpatentable and whether or not reduced to practice), apparatus, creations, improvements, works of authorship, and other similar materials, and confidential, proprietary or non-public information, and all recordings, graphs, drawings, reports, analyses and other writings, and other tangible embodiments of the foregoing in any form whether or not listed herein, and all related technology, that are used in, incorporated in, embodied in, displayed by or relate to, or are used in connection with the foregoing.

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**HIGHLY CONFIDENTIAL** 

"**Termination and Release Agreement**" has the meaning set forth in <u>Section</u> <u>6.06</u>.

"**Third Party Consents**" has the meaning set forth in <u>Section</u> <u>6.05</u>.

"**TK1 Loan Agreement**" means that certain Loan Agreement, dated February 28, 2020, by and between TPI Kompozit Kanat San. Ve Ticaret A.S. and the India Seller, as amended.

"**TPI Parent**" has the meaning set forth in the Recitals.

"**Trade Secrets**" means all trade secrets, as defined in the Uniform Trade Secrets Act published by the Uniform Law Commission, as amended.

"**Trademarks**" means any and all trademarks, service marks, trade names, corporate names, trade dress and logos, including all applications, registrations, extensions and renewals of the foregoing and all goodwill associated with the foregoing.

"**Transaction Agreements**" means this Agreement, the Bill of Sale, Assignment and Assumption Agreement (Asset Sale), Bill of Sale, Assignment and Assumption Agreement (Slump Sale), the Asset Sale Delivery Note, the Lease Transfer Agreements, the IP Assignment Agreement (if any), the IP License Agreement, the Escrow Agreement, the Business Transfer Agreement, the TSA, and any other contracts, agreements, instruments or documents required to be delivered at the Closing, in each case, including all exhibits and schedules thereto and all amendments thereto made in accordance with the respective terms thereof.

"**Transaction Costs**" means (a) to the extent not paid by the Sellers or their respective Affiliates prior to the Closing, without duplication, all fees and expenses that have been incurred in connection with Seller Transactions, the Transaction Agreements or any of the transactions contemplated by the Transaction Agreements, including any brokerage commissions, finders' fees, financial advisory fees, fees for counsel, accountants and other advisors, (b) the amount of any retention bonus, change of control payment, commission, stay bonus, transaction bonus, discretionary bonus, severance payment, incentive bonus or compensation, deferred compensation payment or other similar payment or obligation of any kind payable by the Sellers or their respective Affiliates that becomes payable to any service provider of the Sellers or their respective Affiliates that is accelerated by or payable in connection with or as a result of the execution of this Agreement and/or the consummation of the transactions contemplated hereby (which is triggered either alone or in connection with any other event, contingent or otherwise), and (c) the employer's share of Taxes attributable to the payment of the amounts referred to in the preceding <u>clause (b)</u> above (together with costs described in <u>clauses (b)</u>, collectively, the "**Transaction Bonus Amounts**"); <u>provided</u>, that "**Transaction Costs**" shall not include (i) any amounts included in Debt, (ii) Transfer Taxes or (iii) severance payment or obligations of the Buyer pursuant to <u>Section</u> <u>6.09</u>.

"**Transaction Dispute**" has the meaning set forth in <u>Section</u> <u>12.14</u>.

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"**Transactions**" means the transactions contemplated by this Agreement and the other Transaction Agreements.

"**Transfer Taxes**" means all sales, use, purchase, excise, gross receipts, ad valorem, direct or indirect real property, transfer, intangible, stamp, business and occupation, value added (including VAT), goods and service (including GST), customs and import duties, recording, documentary, filing, permit or authorization, leasing, license, lease, service, service use, severance, franchise, profits, gains, property registration, and similar non-income Taxes, motor vehicle registration, title recording and similar non-income Taxes or filing fees and other amounts payable in respect of transfer filings, in each case imposed or arising with respect to the Transactions or any component thereof, together with any interest and any penalties, additions to Tax or additional amounts imposed by any Government Authority with respect thereto; <u>provided</u>, for the avoidance of doubt, that Transfer Taxes does not include any Taxes imposed under the Indian Income Tax Act.

"**Transferred Assets**" has the meaning set forth in <u>Section</u> <u>2.03(a)</u>.

"**Transferred Books and Records**" means all books, records, files and papers, whether in hard copy or computer or digital format or any other form or medium, including sales and promotional literature, manuals and Data, sales and purchase correspondence, customer lists, lists of suppliers and personnel and employment records regarding Transferred Employees, in each case, other than any Excluded IN Assets.

"**Transferred Contracts**" has the meaning set forth in <u>Section</u> <u>2.03(a)(i)</u>.

"**Transferred Debtor Assets**" has the meaning set forth in <u>Section</u> <u>2.03(a)</u>.

"**Transferred Employees**" has the meaning set forth in <u>Section</u> <u>6.09(a)</u>.

"**Transferred Executory Contract**" has the meaning set forth in <u>Section</u> <u>2.06(c)</u>.

"**Transferred IN Accounts Receivable**" has the meaning set forth in <u>Section</u> <u>2.01(a)(xii)</u>.

"**Transferred IN Assets**" has the meaning set forth in <u>Section</u> <u>2.01(a)</u>.

"**Transferred IN Contracts**" has the meaning set forth in <u>Section</u> <u>2.01(a)(ii)</u>.

"**Transferred IN Inventory**" has the meaning set forth in <u>Section</u> <u>2.01(a)(ix)</u>.

"**Transferred IN Permits**" has the meaning set forth in <u>Section</u> <u>2.01(a)(iv)</u>.

"**Transferred Leased Real Property**" has the meaning set forth in <u>Section</u> <u>2.01(a)(i)</u>.

"**Transferred Leases**" has the meaning set forth in <u>Section</u> <u>2.01(a)(i)</u>.

"**Transferred Non-Debtor Assets**" has the meaning set forth in <u>Section</u> <u>2.02(a)</u>.

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"**TSA**" means the Transition Services Agreement and the schedules thereto containing the terms set forth in the services term sheet attached hereto as <u>Exhibit G</u> and otherwise in form and substance reasonably acceptable to Buyer and TPI Parent.

"**Undisclosed Contract**" has the meaning set forth in <u>Section</u> <u>2.06(b)</u>.

"**Union**" means any labor union, works council, personnel delegate, or other employee representative body.

"**Utility Deposit**" means the Deposits set forth on <u>Section</u> <u>1.01(f)</u> of the Disclosure Schedules.

"**U.S.**" means the United States of America.

"**VAT**" means value added tax and any similar sales or turnover tax of any jurisdiction.

"**Vestas India Guarantee**" has the meaning set forth in <u>Section</u> <u>6.06</u>.

"**Vestas India Purchase Agreement**" has the meaning set forth in <u>Section</u> <u>6.06</u>.

"**Wind-Up Date**" means, as to any given Seller, the date upon which such Seller's corporate existence or entity status ceases to exist; provided, for the avoidance of doubt, that with respect to any covenant or obligation to be performed by more than one Seller until their respective Wind-Up Dates, each such Seller shall be obligated to perform until its Wind-Up Date (notwithstanding that another Seller's Wind-Up Date has passed).

"**Written Instructions**" means the written instructions from TPI Parent, a form of which is attached to the Escrow Agreement as an exhibit thereto, directing the Escrow Agent to deliver the Purchase Price Deposit Escrow Amount, as applicable, as provided for under this Agreement, a copy of which shall be provided to Buyer prior to or contemporaneously with delivery to the Escrow Agent.

**ARTICLE II** 

**PURCHASE AND SALE; CLOSING** 

Section 2.01. <u>Purchase and Sale of Transferred IN Assets</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Transferred IN Assets</u>. On the terms and subject to the conditions set forth in this Agreement and subject to the exclusions set forth in <u>Section</u> <u>2.01(b)</u> and <u>Section</u> <u>2.04</u>, to the maximum extent permitted by applicable Law, at the Closing, the India Seller shall sell, convey, assign, transfer and deliver to Buyer, and Buyer shall purchase, acquire and accept from the India Seller, all of the India Seller's right, title and interest in, to and under the following assets, as the same shall exist immediately prior to the Closing, free and clear of any and all Liens (other than Permitted Liens), in each case, other than the Excluded IN Assets (collectively, the "**Transferred IN Assets**"): 

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) all leasehold interests listed on <u>Section</u> <u>2.01(a)(</u><u>i</u><u>)</u> of the Disclosure Schedules under the real property leases governing the Leased Real Property (the "**Transferred Leased Real Property**") and all rights in respect thereof (including, to the extent assignable or transferable, all options and rights of first refusal) and all tenements, hereditaments, appurtenances and other property rights appertaining thereto (such leases, the "**Transferred Leases**");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) all Contracts of the India Seller set forth on <u>Section</u> <u>2.01(a)(ii)</u> of the Disclosure Schedules (collectively with the Transferred Leases, the "**Transferred IN Contracts**");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) all Business Intellectual Property (if any), Business Technology and Business Systems owned by the India Seller; 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) to the maximum extent permitted by applicable Law, all Permits held or owned by India Seller or applicable to the Business or Transferred Assets, including Environmental Permits, and all pending applications therefor (the "**Transferred IN Permits**") (for the avoidance of doubt, solely to the extent, if required under applicable Law or otherwise pursuant to the terms of the applicable Permit, the applicable Government Authority consents to or otherwise approves the assignment or transfer of the applicable Permit);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) all assets relating to the Assumed Employee Plans;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) to the maximum extent permitted by the Privacy Policies of the Sellers, and applicable Law (including Data Protection Obligations) applicable to any Personal Data included in such Transferred Books and Records (including, as applicable, any past Privacy Policies in effect at the time of collection of such Personal Data that remain applicable to such Personal Data), the Transferred Books and Records of the India Seller, and particularly, where the Personal Data relates to a Transferred Employee employed by India Seller, only such Personal Data for which the India Seller has received express written consent from the relevant Transferred Employee to transfer their Personal Data to the Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) all manufacturing lines, production equipment, jigs, dies, fixtures, curing ovens, vacuum infusion systems, resin application systems, cranes, blade turning devices, sanding and trimming machines, painting and coating booths, balancing and testing equipment, and related machinery and all plant support systems (including HVAC, dust collection, compressed air, fire suppression and safety systems), in each case, owned by the India Seller;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) (A) all personal property and interests therein owned by the India Seller, including furniture, furnishings, machinery, office equipment, computers, servers, networks and communications equipment, vehicles, handling and logistics equipment and other tangible personal property (including, rights, if any, in any of the foregoing purchased subject to any conditional sales or title retention agreement in favor of any other Person) and (B) any tangible personal property on order to be delivered to the India Seller for its benefit; 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) all inventory wherever located, including raw materials, consumables, works in progress, semi-finished and finished goods, packaging, supplies, replacement or component parts, safety stock, maintenance supplies, tooling, spares and parts maintained, owned, held by or stored by or on behalf of the India Seller, whether held at any location or facility of the India Seller or in transit to the India Seller (the "**Transferred IN Inventory**");

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**HIGHLY CONFIDENTIAL** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) to the extent assignable under applicable Law, all rights of the India Seller under any non-disclosure or confidentiality, non-compete or non-solicitation Contracts with Transferred Employees, current or former employees, service providers or agents of the India Seller or any third party to the extent Related to the Business or pertaining to any material assets, rights, interests or operations of the Business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) (A) all rights of the India Seller under or pursuant to all warranties, representations and guarantees made by suppliers, manufacturers, vendors, contractors, subcontractors or other third parties and, to the extent transferrable, any letters of credits, parent guaranties or other credit support provided by such third parties to the India Seller to the extent related to any Transferred IN Assets and (B) all rights and defenses of the India Seller related to an Assumed Liability;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) all accounts receivable of the India Seller to the extent outstanding as of immediately prior to the Effective Time (excluding, for the avoidance of doubt, those accounts receivable set forth in <u>Section</u> <u>2.01(b)(ii)</u>) (the "**Transferred IN Accounts Receivable**");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) (a) all claims, rights or interests of the India Seller in or to any refund, rebate, abatement or other recovery for Taxes in respect of any Taxes that are Assumed Liabilities and (b) all claims, rights or interests of the India Seller in any IN GST Refund, which shall be governed exclusively by <u>Section</u> <u>7.07</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiv) (a) any Business Insurance Policy and any claims or rights thereunder, and (b) all claims and rights of the India Seller under any Insurance Policies in respect of any damage to or loss Related to the Business or primarily related to any Transferred IN Asset or Assumed Liability (and in such event only to such extent);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xv) all claims, causes of action, lawsuits, judgments and demands of any nature, in each case available to or being pursued by the India Seller pertaining to any Transferred Assets or Assumed Liabilities, whether arising by way of counterclaim or otherwise (and in such event only to such extent);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvi) (x) any Deposits of or on behalf of India Seller or that relate to the Business, Transferred Assets, or Assumed Liabilities, including Leased Real Property Deposits and Utility Deposits, and (y) all credits, prepaid expenses, refunds, deferred charges, advance payments, prepaid items and duties, in each case, Related to the Business or to the extent primarily related to a Transferred IN Asset or Assumed Liability;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvii) all other assets or rights of every kind and description to the Business, wherever located, whether real, personal or mixed, tangible or intangible, that are owned, or which an interest is owned, by the India Seller (and excluding, for the avoidance of doubt, any Excluded IN Assets);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xviii) the SIPCOT Arrangement if and only if, prior to the Effective Time, the applicable Government Authority has provided its written consent to each of (A) the change in ownership of the assets of India Seller in connection with the Transactions and (B) the assignment of the SIPCOT Arrangement to Buyer; and

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**HIGHLY CONFIDENTIAL** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xix) all right, title and interest of the India Seller in, to or under any of the foregoing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Excluded IN Assets</u>. Notwithstanding anything to the contrary herein, the following assets (the "**Excluded IN Assets**") shall be retained by the India Seller:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) all Contracts of India Seller other than those expressly assumed as Transferred IN Contracts hereunder;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) all accounts receivable or notes receivable (together with any unpaid interest or unpaid amounts accrued thereon) (A) to the extent primarily related to any Excluded IN Asset or (B) due and owing from any Affiliate of the India Seller to the extent set forth on <u>Section</u> <u>2.01(b)(ii)</u> of the Disclosure Schedules; 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) any equity securities or interests in any other Person held by the India Seller;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) all Cash of the India Seller;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) all Personal Data held by the India Seller that is nontransferable under applicable Law (including Data Protection Obligations) or under the Privacy Policies of the Sellers applicable to such Personal Data (including, as applicable, any past Privacy Policies in effect at the time of collection of such Personal Data that remain applicable to such Personal Data), including any Personal Data relating to Transferred Employees for which the India Seller has not received express written consent from such employee to transfer such Personal Data to Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) all claims, rights or interests of the India Seller in or to any refund (other than any IN GST Refund, which shall be governed exclusively by <u>Section</u> <u>7.07</u>), rebate, abatement or other recovery for Taxes (other than in respect of Taxes that are Assumed Liabilities), and any other Tax assets (including any Tax attributes, including any direct pay refunds or other proceeds, or the right to receive such refunds or proceeds, with respect thereto), together with any interest due thereon or penalty rebate arising therefrom, for any Tax period (or portion thereof);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) all Tax Returns of the India Seller and all records (including all working papers) related thereto (other than copies of the portion of those Tax Returns and records that primarily relate to the Transferred IN Assets);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) except as set forth in <u>Section</u> <u>2.01(a)(xiv)</u>, <u>Section</u> <u>2.02(a)(iii)</u>, or <u>Section</u> <u>2.03(a)(iv)</u>, all Insurance Policies and all rights of any nature with respect to any such Insurance Policy, including any recoveries thereunder and any rights to assert claims seeking any such recoveries; 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) all Permits held by the India Seller, including Environmental Permits, in each case, the transfer of which is not permitted by applicable Law or for which, to the extent consent of a Government Authority is required under applicable Law or otherwise pursuant to the terms of the applicable Permit, such consent or approval has not been obtained;

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**HIGHLY CONFIDENTIAL** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) all rights and interests of the India Seller under the Transaction Agreements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) all assets relating to Employee Plans that are not Assumed Employee Plans;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) (A) all minute books (and other similar corporate records) and stock records, (B) any books and records to the extent not Transferred Books and Records or to the extent primarily relating to the Excluded IN Assets, (C) any other materials of or in the possession of the India Seller that (1) the India Seller is required by Law to retain, or (2) the India Seller is prohibited by Law (including Data Protection Obligations) from delivering to Buyer (including confidential and personal medical records, to the extent applicable), or (D) any copies of any books and records that the India Seller retains pursuant to <u>Section</u> <u>7.02</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) (A) all records and reports prepared or received by the India Seller solely in connection with the sale of the Business or the Transactions or any other Transaction Agreement, including all such analyses relating to Buyer or any third-party bidder or potential purchaser and (B) all bids and expressions of interest received from third parties with respect to the Business, the Transferred IN Assets or the Assumed Liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiv) all assets, including Contracts, relating to the BladeAssure Product and any rights related thereto; 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xv) any warranties, representations and guarantees pertaining to any Excluded IN Asset or rights and defenses pertaining to any Excluded Liability; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvi) any asset specifically identified on <u>Section</u> <u>2.01(b)(xvi)</u> of the Disclosure Schedules; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvii) the SIPCOT Arrangement if, prior to the Effective Time, the applicable Government Authority has not provided its written consent to both (A) the change in ownership of the assets of India Seller in connection with the Transactions and (B) the assignment of the SIPCOT Arrangement to Buyer (for the avoidance of doubt, the SIPCOT Arrangement shall be retained as an Excluded Asset if consent is obtained to only one or neither of clause (A) or clause (B)).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Assumed Liabilities</u>. On the terms and subject to the conditions set forth in this Agreement, Buyer shall assume at the Closing and thereafter timely pay, discharge and perform the following Liabilities of the Sellers (collectively, the "**Assumed Liabilities**"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) all Liabilities arising under any of the Transferred Contracts and Transferred Leases, except to the extent (but subject to, and without any limitation of, the Assumed Liabilities set forth in <u>Section</u> <u>2.01(c)(v)</u>) such Liabilities are required to be performed on or prior to the Effective Time;

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**HIGHLY CONFIDENTIAL** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) all Liabilities relating to Buyer's ownership or operation of the Transferred Assets, to the extent arising from events, facts or circumstances that occur from and after the Effective Time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) all Liabilities with respect to Transfer Taxes that Buyer is required to bear pursuant to <u>Section</u> <u>9.02</u> and Taxes that Buyer is required to bear pursuant to <u>Section</u> <u>9.03</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) except with respect to Excluded Bad Actor Liabilities, rights of directors or officers of India Seller or Global SSC who become Transferred Employees to indemnification and exculpation under the certificate of incorporation, bylaws or comparable organizational documents of India Seller or Global SSC, as applicable, now in effect and under applicable Law, solely to the extent such Persons are not covered by the India Seller's or its Affiliates' insurance coverage, or if such coverage is insufficient;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) all Liabilities expressly assumed by Buyer pursuant to <u>Section</u> <u>6.09</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) all Assumed Accounts Payable outstanding as of the Effective Time, except to the extent due and owing to any Affiliate of the India Seller;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) all Liabilities relating to or arising out of all warranties, representations and guarantees made by Sellers to Buyer or its Affiliates to the extent pertaining to the Business (excluding, for the avoidance of doubt, obligations of Sellers under the Transaction Agreements);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) to the extent permitted by the Bankruptcy Code or other applicable Law, all Liabilities accruing after the Effective Time under Environmental Laws, including those relating in any way to the environment or natural resources, or human health and safety as related to Hazardous Materials, in each case, (A) solely to the extent pertaining to the Transferred Assets, and (B) provided that such Liabilities do not relate to or arise out of or result from any act, omission, event, condition or circumstance that occurred or existed on or prior to the Effective Time; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) all Liabilities relating to amounts required to be paid by Buyer hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Excluded Liabilities</u>. Notwithstanding any other provision of this Agreement, other than the Assumed Liabilities, none of Buyer nor any Affiliate of Buyer is assuming, and none of them shall be responsible to pay, perform, or discharge, and none of Buyer nor any Affiliate of Buyer, shall be or become liable for or subject to any Liabilities of the Sellers or the Debtor Seller Parties, whether known or unknown, contingent, matured or otherwise, whether currently existing or hereinafter created (collectively, the "**Excluded Liabilities**"), including but not limited to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) any Liability of the Sellers or the Debtor Seller Parties for Taxes, except for any such Liabilities explicitly assumed by Buyer pursuant to <u>Section</u> <u>2.01(c)(iii)</u>;

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**HIGHLY CONFIDENTIAL** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) any Liability expressly retained by the Sellers or the Debtor Seller Parties pursuant to <u>Section</u> <u>6.09</u>, including, but not limited to, any Liability relating to the Employee Plans that are not Assumed Employee Plans;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) except as expressly assumed by Buyer pursuant to <u>Section</u> <u>2.01(c)(iv)</u>, any Liability relating to the officers, directors or independent contractors of the Sellers, whether incurred prior to, on or following the Closing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) all Non-Ordinary Course Employment Liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) any Liability relating to wages, bonuses, commissions, independent contractor payments, incentives, payroll, workers' compensation, unemployment benefits, or similar payments that arises at or prior to the Closing or that is payable or becomes payable or due in whole or in part to any Person prior to or on the Closing, including all employer Taxes related thereto, except as expressly assumed by Buyer pursuant to <u>Section</u> <u>6.09</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) any Liability relating to amounts to be paid by the Sellers or the Debtor Seller Parties or any of their respective Affiliates hereunder, including brokers' fees;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) all Liabilities owing to any agent, financial advisor, broker, finder, consultant, counsel, accountant or other third-party representative engaged or employed by the Sellers or the Debtor Seller Parties or any of their respective Affiliates in connection with the Bankruptcy Cases and/or the Transactions;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) all Debt of the Sellers, Debtor Seller Parties and any of their respective Affiliates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) all Liabilities of the India Seller arising under the TK1 Loan Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) all Liabilities (other than Cure Costs) incurred in connection with the initiation or conduct of the Bankruptcy Cases, including all Liabilities arising out of the consummation of a plan of reorganization, including any distributions or other actions taken by TPI Parent and its bankruptcy estate or the Debtor Seller Parties (whether existing as of the Agreement Date or arising in the future);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) all intercompany obligations between a Seller or Debtor Seller Party, on one hand, and another Seller or one of its Affiliates, on the other;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) all Transaction Costs;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) (A) to the extent permitted by the Bankruptcy Code or other applicable Law, all Liabilities, accruing before or on the Effective Time under Environmental Laws, including those relating in any way to the environment or natural resources, or human health and safety as related to Hazardous Materials, in each case, to the extent pertaining to the Transferred Assets; and (B) to the maximum extent permitted by Law, all Liabilities accruing before the Effective Time, under Environmental Laws relating to or arising out of, or resulting from any act, omission, event, condition or circumstance that occurred or existed on or prior to the Effective Time;

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**HIGHLY CONFIDENTIAL** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiv) except for Assumed Liabilities, any Liabilities arising out of or relating to any Action that is (A) pending or threatened on or before the Effective Time, (B) arises out of or relates to any act, omission, event, or circumstance occurring on or before the Effective Time, or (C) relates to the ownership or operation of the Business or the Transferred Assets on or before the Effective Time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xv) except for Assumed Liabilities, all Liabilities relating to or arising out of all warranties, representations and guarantees made by the India Seller to third parties (other than Buyer and its Affiliates);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvi) any Excluded Bad Actor Liabilities; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvii) any other Liabilities relating to amounts to be paid by the Sellers or any Affiliate of a Seller pursuant to this Agreement.

Section 2.02. <u>Purchase and Sale of Transferred Non-Debtor Assets.</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) On the terms and subject to the conditions set forth in this Agreement, and subject to the exclusions set forth in <u>Section</u> <u>2.04</u>, to the maximum extent permitted by applicable Law (including Data Protection Obligations), at the Closing, each Non-Debtor Seller Party shall sell, convey, assign, transfer and deliver to Buyer (or a designated Affiliate thereof), and Buyer (or such designated Affiliate) shall purchase, acquire and accept from such Non-Debtor Seller Party, all of such applicable Non-Debtor Seller Party's right, title and interest in, to and under the following assets, as the same shall exist immediately prior to the Closing free and clear of all Liens (other than Permitted Liens) (collectively, the "**Transferred Non-Debtor Assets**"): 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) to the extent assignable under applicable Law, all rights of any Non-Debtor Seller Party under any non-disclosure or confidentiality, non-compete or non-solicitation Contracts with Transferred Employees or current or former employees, service providers or agents of any Non-Debtor Seller Party to the extent Related to the Business or pertaining to any material assets, rights, interests or operations of the Business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) to the maximum extent assignable under applicable Law, all other right, title and interests in, to and under assets of any Non-Debtor Seller Party Related to the Business; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) all claims and rights of any Non-Debtor Seller Party under any Insurance Policies in respect of any damage to or loss as a result of events or circumstances primarily related to or affecting any Transferred Non-Debtor Assets or Assumed Liabilities (and in such event only to such extent).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Other than the Transferred Non-Debtor Assets, all other assets of any Non-Debtor Seller Party shall be retained by such Non-Debtor Seller Party.

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Section 2.03. <u>Purchase and Sale of Transferred Debtor Assets.</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) On the terms and subject to the conditions set forth in this Agreement and subject to the exclusions set forth in <u>Section</u> <u>2.04</u>, to the maximum extent permitted by the Bankruptcy Code and applicable Law (including Data Protection Obligations), at the Closing, TPI Parent shall (and shall cause each Debtor Seller Party to) sell, convey, assign, transfer and deliver to Buyer (or an Affiliate designated by Buyer), and Buyer (or such designated Affiliate) shall purchase, acquire and accept from TPI Parent (or such applicable Debtor Seller Party), all of such TPI Parent's (or such applicable Debtor Seller Party's) right, title and interest in, to and under the following assets, as the same shall exist immediately prior to the Closing, and subject to entry of the Sale Order, free and clear of any and all Liens (other than Permitted Liens) (collectively, the "**Transferred Debtor Assets**" and together with the Transferred IN Assets and Transferred Non-Debtor Assets, the "**Transferred Assets**"): 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the Transferred Executory Contracts (together with the Transferred IN Contracts, the "**Transferred Contracts**");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) all Business Intellectual Property and Business Technology and Business Systems owned by TPI Parent or any Debtor Seller Party;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) all rights of TPI Parent or any Debtor Seller Party under any non-disclosure or confidentiality, non-compete or non-solicitation Contracts with Transferred Employees or current or former employees, service providers or agents of TPI Parent or any Debtor Seller Party or any third party to the extent Related to the Business or pertaining to any material assets, rights, interests or operations of the Business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) all claims and rights of any Debtor Seller Party under any Insurance Policies in respect of any damage to or loss as a result of events or circumstances primarily related to or affecting any Transferred Debtor Assets or Assumed Liabilities (and in such event only to such extent);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) any asset specifically identified on <u>Section</u> <u>2.03(a)(v)</u> of the Disclosure Schedules; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) all other assets of TPI Parent or any Debtor Seller Party Related to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Other than the Transferred Debtor Assets, all other assets of TPI Parent or any Debtor Seller Party shall be retained by TPI Parent or such Debtor Seller Party.

Section 2.04. <u>Assignment of Certain Transferred Assets</u> <u>and Transferred Contracts</u><u>.</u> Notwithstanding any other provision of this Agreement to the contrary, (but subject to Buyer's payment of Cure Costs in accordance with <u>Section</u> <u>2.06</u>) this Agreement shall not constitute an agreement to sell, convey, assign, transfer or deliver (a) any Transferred Asset or any claim or right or any benefit arising thereunder or resulting therefrom, or (b) any Transferred Contract, in each case, if such attempted sale, conveyance, assignment, transfer or delivery thereof, without the Consent of a third party (including any Government Authority), would constitute a breach or other contravention thereof or a violation of applicable Law or Order. If, on the Closing Date, any such

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Consent has not been obtained such that an attempted sale, conveyance, transfer or assignment thereof would be ineffective or a violation of applicable Law, Order, or Contract, the applicable Seller (or Debtor Seller Party) and Buyer will, subject to <u>Section</u> <u>6.04</u> and <u>Section</u> <u>6.05</u>, cooperate in good faith to promptly obtain such Consent and/or enter into a mutually agreeable arrangement under which, for up to six (6) months following Closing, (x) Buyer would, in compliance with applicable Law, obtain the benefits and assume the obligations and bear the economic burdens associated with such Transferred Asset or Transferred Contract in accordance with this Agreement, including, for example (and without limitation of other similar arrangements being employed instead and in place thereof), by subcontracting, sublicensing or subleasing such Transferred Asset or Transferred Contract to Buyer or a designated Affiliate of Buyer and/or (y) the applicable Seller (or Debtor Seller Party) would enforce for the benefit (and at the expense) of Buyer any and all of such Seller's (or Debtor Seller Party's) rights, claims or benefit against a third party associated with such Transferred Asset or Transferred Contract, and such party would promptly pay to Buyer when received all monies received by them under any such Transferred Asset, Transferred Contract, claim, right or benefit (net of the applicable Seller's (or Debtor Seller Party's) expenses incurred in connection with any assignment or other performance contemplated by this <u>Section</u> <u>2.04</u>). If any such Consent is obtained following the Closing, such Seller (or Debtor Seller Party) shall sell, convey, assign, transfer and deliver to Buyer or an Affiliate designated by Buyer such Transferred Asset or Transferred Contract promptly after receipt of such Consent at no additional cost to Buyer.

Section 2.05. <u>Closing</u><u>.</u> The closing of the sale and purchase of the Transferred Assets and the assumption of the Assumed Liabilities (the "**Closing**") shall take place by telephone conference and electronic exchange of documents (or, if the Parties agree to hold a physical closing, at the offices of Weil, Gotshal & Manges LLP, 767 Fifth Avenue, New York, New York 10153), at 9:00 a.m. (New York City time) on the fifth (5th) Business Day following the date upon which all Closing Conditions are satisfied or waived in writing (to the extent permitted by applicable Law) in accordance with <u>Article X</u> (other than those Closing Conditions that by their nature can only be satisfied at the Closing, but subject to the satisfaction or waiver of those Closing Conditions at such time), or on such other date or at such other time or place as the Parties may agree in writing. The date on which the Closing occurs is referred to in this Agreement as the "**Closing Date**." For all purposes under this Agreement and each other Transaction Agreement, (a) except as otherwise expressly provided in this Agreement or such other Transaction Agreements, all matters at the Closing will be considered to take place simultaneously and (b) the Closing shall be deemed effective as of the Effective Time.

Section 2.06. <u>Designated Contracts; Cure Costs</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Payment of Cure Costs</u>. At Closing and pursuant to Section 365 of the Bankruptcy Code and the Sale Order, TPI Parent shall and shall cause each Debtor Seller Party to assume and, effective as of the Closing, assign to Buyer or an Affiliate designated by Buyer, and Buyer or an Affiliate designated by Buyer shall assume from TPI Parent or the applicable Debtor Seller Party the Transferred Executory Contracts to which TPI Parent or the applicable Debtor Seller Party is party. All Cure Costs shall be paid or caused to be paid by Buyer at or after Closing in accordance with the procedures set forth in the Sale Order or, if a cure objection has not been finally resolved as of the Closing, in accordance with <u>Section</u> <u>2.06(e)</u> and none of the Sellers or their respective Affiliates shall have any Liability therefor.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Available Contract Schedule</u>. On December 12, 2025, TPI Parent (i) filed with the Bankruptcy Court a list of all executory Contracts to which a Debtor is party and the proposed amount of the Cure Costs associated with each of such executory Contracts and (ii) served written notice to the non-Debtor counterparty (a "**Cure Notice**") of each such executory Contract, in accordance with the Bidding Procedures Order. On or promptly following the date hereof, TPI Parent shall deliver to Buyer a list of each executory Contract that is Related to the Business (each, an "**Available Executory Contract**" and such list, the "**Available Contract Schedule**"). If, at any time following the Designation Deadline and prior to the Closing Date, TPI Parent becomes aware that it or any Debtor is a party to an Available Executory Contract that is not listed on the Available Contract Schedule (each, an "**Undisclosed Contract**"), TPI Parent will promptly update the Available Contract Schedule with respect to such Undisclosed Contract and (i) file with the Bankruptcy Court such updated Available Contract Schedule and (ii) serve a Cure Notice, which notice shall include such updated Available Contract Schedule, to the non-Debtor counterparty(ies) to such Undisclosed Contract.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Designation by Buyer</u>. As soon as reasonably practicable and not later than ten (10) days following TPI Parent's delivery to Buyer of the Available Contract Schedule (the "**Designation Deadline**"), Buyer may elect, by written notice to TPI Parent, each Available Executory Contract it wishes to acquire and have assigned to it or one of its Affiliates on the Closing Date (each such Contract, a "**Transferred Executory Contract**"), and each such Transferred Executory Contract shall be deemed a Transferred Asset for purposes hereof. Any Available Executory Contract not designated by Buyer in writing as a Transferred Executory Contract on or before the Designation Deadline shall be deemed an Excluded Debtor Contract. From time to time prior to the date which is five (5) Business Days prior to Closing, Buyer may elect, by written notice to TPI Parent, to designate any Transferred Executory Contract as an Excluded Debtor Contract, and from and after such date, such executory contract shall be deemed for all purposes hereunder an Excluded Debtor Contract. In accordance with the Bid Procedures and Bidding Procedures Order, TPI Parent shall, or shall cause its Affiliate to, file with the Bankruptcy Court a notice of assumption and assignment and shall serve such notice on each applicable non-Debtor counterparty, which notice of assumption and assignment shall identify all Transferred Executory Contracts, in accordance with the Bid Procedures and Bidding Procedures Order. Notwithstanding the foregoing, an Available Executory Contract shall not be a Transferred Executory Contract hereunder and shall not be assigned to, or assumed by, any Debtor if such Available Executory Contract is validly terminated by the other party thereto or terminates or expires in accordance with its own terms on or prior to the Closing Date and is not continued or otherwise extended prior to or upon assumption and assignment of such Available Executory Contract. For the avoidance of doubt, if Buyer exercises its rights pursuant to this <u>Section</u> <u>2.06(c)</u> to designate an Available Executory Contract as a Transferred Executory Contract or as an Excluded Debtor Contract (as the case may be), there will be no increase or reduction in the Purchase Price as a result of such designation or change in designation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Treatment of Undisclosed Contracts</u>. Notwithstanding the Designation Deadline, Buyer may elect, by written notice to TPI Parent, an Undisclosed Contract to be a Transferred Executory Contract within fourteen (14) days of TPI Parent's notice to Buyer of its discovery thereof (but in any event, prior to Closing), following which TPI Parent shall promptly file (or cause to be filed) with the Bankruptcy Court and serve upon the non-Debtor counterparty an amended notice of assumption clearly reflecting the addition of such Undisclosed Contract. In

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the event the non-Debtor counterparty does not timely object to the Cure Notice, the Undisclosed Contract shall be assumed by TPI Parent (or TPI Parent shall cause the applicable Debtor to assume such Undisclosed Contract) and be assigned to Buyer or an Affiliate designated by Buyer effective as of the date the amended notice of assumption listing such Undisclosed Contract was filed. In the event the non-Debtor counterparty timely objects to the Cure Notice, the transfer of such Undisclosed Contract will not occur until the Bankruptcy Court rules on the pending objection or the objection is resolved in a manner mutually acceptable to Buyer, TPI Parent and the non-Debtor counterparty (with an effective assumption and assignment date to be agreed to by the Buyer, TPI Parent and non-Debtor counterparty or ordered by the Bankruptcy Court). Buyer shall pay or cause to be paid Cure Costs in respect of any Undisclosed Contract that becomes a Transferred Executory Contract. Any Debtor that assumes and assigns an Undisclosed Contract to Buyer shall be deemed a Debtor Seller Party under this Agreement and a party to the Bill of Sale, Assignment and Assumption Agreement (Asset Sale).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>Resolution of Cure Disputes</u>. If any objections are filed by, or received from, any non-Debtor counterparty in response to a Cure Notice, TPI Parent will use, or will cause the applicable Debtor Seller Parties to use, commercially reasonable efforts to resolve any such objections with such non-Debtor counterparty. TPI Parent shall not resolve any such objection without the Buyer's consent to the terms of the resolution, provided that such consent shall not be unreasonably withheld, conditioned or delayed. If any such cure objection is not consensually resolved or finally determined by the Bankruptcy Court prior to the Closing Date with respect to any Transferred Executory Contract, so long as Buyer (x) pays or causes to be paid on or before the Closing Date such non-Debtor counterparty an amount equal to the undisputed portion of Cure Costs payable with respect to such Transferred Executory Contract and (y) appropriately reserves funding for the disputed portion of such Cure Costs pending resolution of such cure objection, subject to entry by the Bankruptcy Court of the Sale Order, TPI Parent shall assume and assign (or shall cause the applicable Debtor Seller Party to assume and assign) such Transferred Executory Contract to Buyer or an Affiliate designated by Buyer at the Closing, and upon either the consensual resolution or final determination by the Bankruptcy Court of such cure objection, Buyer shall promptly pay or cause to be paid to such non-Debtor counterparty any remaining Cure Costs owing to such non-Debtor counterparty with respect to such Transferred Executory Contract.

Section 2.07. <u>Withholding</u>. Neither Buyer nor any of its Affiliates shall be entitled to deduct or withhold Taxes from any payments made under this Agreement except as required by applicable Law relating to Taxes. If any applicable Law relating to Taxes requires the deduction or withholding of any Tax from any such payments, then Buyer or any of its Affiliates shall be entitled to make such deduction or withholding and any such amounts deducted or withheld shall be treated for all purposes of this Agreement as having been paid by Buyer or any of its Affiliates to the recipient in respect of which such deduction and withholding was made; <u>provided</u>, that, Buyer shall (a) use commercially reasonable efforts to cooperate with the Sellers to reduce such potential withholding, including through accepting any duly completed and executed relevant form establishing an entitlement to reduce withholding under applicable Law, (b) timely pay such amounts withheld to the applicable Government Authority, and (c) provide the Sellers with an original or certified copy of a receipt evidencing such timely payment to the applicable Government Authority. Notwithstanding the foregoing, this <u>Section</u> <u>2.07</u> shall not apply with respect to the deduction or withholding of any Transfer Taxes, which shall be governed by <u>Section</u> <u>9.02</u>, or with respect to the deduction or withholding of any Taxes required to be withheld under the Indian Income Tax Act, which shall be governed by <u>Section</u> <u>7.06</u>.

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**ARTICLE III** 

**PURCHASE PRICE** 

Section 3.01. <u>Purchase Price</u>. The aggregate consideration to be paid by Buyer for the sale of all of the Transferred Assets shall be an amount in cash equal to (i) the IN Purchase Price <u>plus</u> (ii) the Related Assets Purchase Price <u>minus</u> (iii) any Deferred Lease Amount (collectively, the "**Purchase Price**") <u>plus</u>, the assumption of the Assumed Liabilities. The Parties acknowledge and agree that the IN Purchase Price is a lump sum consideration for the Target Business as a whole, and no independent value is assigned to each or any of the components of the Target Business.

Section 3.02. <u>Purchase Price Deposit</u> <u>Escrow</u>. Upon the execution of this Agreement, pursuant to the terms of the Escrow Agreement, Buyer shall immediately deposit the Purchase Price Deposit Escrow Amount with the Escrow Agent by wire transfer of immediately available funds, to be released by the Escrow Agent and delivered to either Buyer or TPI Parent in accordance with the provisions of this Agreement, the Escrow Agreement and the Bid Procedures. The Purchase Price Deposit Escrow Amount (together with all accrued investment income thereon (if any)) shall be distributed from the Purchase Price Deposit Escrow Account upon the earlier of the Closing or the termination of this Agreement in accordance with <u>Section</u> <u>3.03</u> or <u>Section</u> <u>11.03</u>, as applicable.

Section 3.03. <u>Certain Closing Deliverables</u>. At the Closing:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the applicable Sellers shall deliver or cause to be delivered to Buyer (or in the case of <u>Section</u> <u>3.03(a)(xiv)</u> below, the Escrow Agent) the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) a counterpart of the Bill of Sale, Assignment and Assumption Agreement (Asset Sale) for the Transferred Debtor Assets and Transferred Non-Debtor Assets, in the form attached hereto as <u>Exhibit A-1</u> (the "**Bill of Sale, Assignment and Assumption Agreement (Asset Sale)**"), duly executed by TPI Parent, Global SSC and the applicable Debtor Seller Parties;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) a counterpart of the Bill of Sale, Assignment and Assumption Agreement (Slump Sale) for the Transferred IN Assets, in the form attached hereto as <u>Exhibit A-</u><u>2</u> (the "**Bill of Sale, Assignment and Assumption Agreement (Slump Sale)**"), duly executed by India Seller;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) a counterpart to the delivery note, in the form attached hereto as <u>Exhibit B</u> (the "**Asset Sale Delivery Note**") evidencing the delivery of the Transferred Non-Debtor Assets held by Global SSC, which are capable of transfer by actual or constructive delivery with the intent that title in such Transferred Non-Debtor Assets shall pass by and upon delivery of actual or constructive possession, duly executed by Global SSC;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) a counterpart of an assignment, novation agreement, or a new lease agreement, for each Transferred Lease, duly executed by India Seller and the applicable landlord and registered before the appropriate Government Authority (or, if such registration is not complete, evidence that a Registration Appointment has been scheduled with the appropriate Government Authority in accordance with <u>Section</u> <u>6.05(b)</u>), pursuant to which the India Seller assigns, transfers or otherwise delivers such Transferred Lease to Buyer, in form and substance reasonably acceptable to the Buyer and TPI Parent, pursuant to which the landlord under such Transferred Lease, from and after the Effective Time, (x) waives any and all existing defaults of the India Seller and its Affiliates under the Transferred Leases occurring prior to the Effective Time, whether known or unknown, (y) each Transferred Lease is in full force and effect as of the Effective Time and (z) the India Seller and TPI Parent, as guarantor, are not in default under any Transferred Lease as of the Effective Time (the "**Lease Transfer Agreements**");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) a counterpart of the IP Assignment Agreement, in the form attached hereto as <u>Exhibit C</u> (the "**IP Assignment Agreement**"), duly executed by TPI Parent or the applicable Debtor Seller Party;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) a counterpart of the IP License Agreement, in the form attached hereto as <u>Exhibit D</u> (the "**IP License Agreement**"), duly executed by TPI Parent or a Debtor Seller Party (as applicable), in the form and substance reasonably acceptable to TPI Parent and the Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) the officer's certificates required to be delivered pursuant to <u>Section</u> <u>10.02(a)(v)</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) a counterpart to the Business Transfer Agreement, in the form attached hereto as <u>Exhibit E</u> (the "**Business Transfer Agreement**"), duly executed by the India Seller;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) evidence, in form and substance reasonably satisfactory to Buyer, that all consents, approvals, or waivers required in connection with the assignment or transfer of or otherwise pursuant to each of the contracts set forth on <u>Section</u> <u>4.02</u> and <u>Section</u> <u>4.03</u> of the Disclosure Schedules have been duly obtained and are in full force and effect;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) all required Transfer Tax stamps and transfer forms (if any), unless under applicable Law such Transfer Tax stamps or duly stamped transfer forms are only available post-Closing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) an IRS Form W-9 from TPI Parent and each Debtor Seller Party selling, conveying or transferring any Transferred Debtor Assets;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) an IRS Form W-8BEN-E from India Seller and each Non-Debtor Seller Party selling, conveying or transferring any Transferred IN Assets or Transferred Non-Debtor Assets;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) such other instruments of conveyance or transfer, in form and substance reasonably acceptable to the Sellers and Buyer, as may be necessary to convey the Transferred Assets to Buyer;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiv) a counterpart of the Written Instructions to the Escrow Agent, duly executed by TPI Parent, directing the Escrow Agent to deliver to TPI Parent, the Purchase Price Deposit Escrow Amount;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xv) a counterpart to the Termination and Release Agreement contemplated by <u>Section</u> <u>6.06</u>, duly executed by APAC II and TPI Parent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvi) a counterpart of the TSA, duly executed by TPI Parent or its applicable Subsidiaries, to the extent the TSA is not already in full force and effect as of the Closing; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvii) evidence, in form and substance reasonably satisfactory to Buyer, that all Liens (other than Permitted Liens) encumbering the Transferred Assets, as applicable, have been or will be released, discharged or terminated effective as of the Closing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Buyer shall deliver or cause to be delivered to the Sellers the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) an amount equal to (A) the Purchase Price, <u>minus</u> (B) the Purchase Price Deposit Escrow Amount, by wire transfer of immediately available funds to an account or accounts as directed by TPI Parent and the India Seller, in writing prior to the Closing Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) a counterpart of the Bill of Sale, Assignment and Assumption Agreement (Asset Sale), duly executed by Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) a counterpart of the Bill of Sale, Assignment and Assumption Agreement (Slump Sale) duly executed by Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) a counterpart of the Asset Sale Delivery Note, duly executed by Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) a counterpart of each Lease Transfer Agreement, duly executed by Buyer (or to the extent required by Law, a designated Affiliate of Buyer);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) a counterpart of the IP Assignment Agreement, duly executed by Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) a counterpart of the IP License Agreement, duly executed by Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) the officer's certificate required to be delivered to the Sellers pursuant to <u>Section</u> <u>10.01(a)(v)</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) a counterpart to the Termination and Release Agreement contemplated by <u>Section</u> <u>6.06</u>, duly executed by Buyer Parent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) a counterpart to the Business Transfer Agreement, duly executed by Buyer; and

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) a counterpart of the TSA, duly executed by Buyer to the extent the TSA is not already in full force and effect as of the Closing; and

Section 3.04. <u>Reserved.</u><u> </u>

Section 3.05. <u>Purchase Price Allocation</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Notwithstanding any other provision of this Agreement, (a) the Transferred IN Assets shall be considered a single mass asset for India tax purposes and (b) the terms and provisions of this <u>Section</u> <u>3.05(a)</u> shall survive the Closing without limitation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Parties agree to allocate the Related Assets Purchase Price, the Assumed Liabilities (excluding the Assumed IN Liabilities), and all other relevant items among and between the Transferred Assets (excluding the Transferred IN Assets) in accordance with the allocation under this <u>Section</u> <u>3.05(b)</u>. Reasonably in advance of the Closing Date, the Sellers shall deliver to Buyer its proposed allocation, based on their good faith determination of the value of the Transferred Assets (excluding the Transferred IN Assets), for review and comment. Buyer and the Sellers shall mutually cooperate to resolve any differences in good faith, with the objective of having an agreed tentative allocation at least five (5) Business Days prior to the Closing, which shall govern, pending the final allocation, except as provided below with respect to the failure to agree on a final allocation. In absence of an agreed tentative allocation, the Sellers' allocation (as adjusted after giving good faith consideration to any Buyer comments, which allocation shall be delivered to the Buyer no later than two (2) Business Days prior to the Closing) shall govern, pending the final allocation, except as provided below with respect to the failure to agree on a final allocation. Accordingly, the tentative allocation shall govern the initial remittance of any Transfer Taxes with respect thereto, subject to adjustment in accordance with the later determined final allocation. No later than thirty (30) Business Days after Closing, the Buyer shall deliver to the Sellers a proposed final allocation of the Related Assets Purchase Price and the Assumed Liabilities (excluding the Assumed IN Liabilities) (and all other relevant items) as of the Closing Date among and between the Transferred Assets (excluding the Transferred IN Assets) determined in a manner consistent with the agreed tentative allocation. Buyer and the Sellers shall negotiate in good faith to agree on a final allocation for a period of forty-five (45) days following the Buyer's delivery of the draft of the proposed final allocation (as agreed during such period, the "**Purchase Price Allocation**"). The Purchase Price Allocation shall be conclusive and binding on the Parties. None of the Parties shall take any position inconsistent with the Purchase Price Allocation, if any, on any Tax Return or in any audit or Tax proceeding, unless otherwise required by a final determination by a Government Authority. In the event the Buyer and Sellers are unable to agree upon a final allocation, each such party shall make its own determination of the proper allocation in good faith consistent with the agreed tentative allocation, or in the absence of an agreed tentative allocation, in good faith based on such party's good faith determination of value of the Transferred Assets.

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**ARTICLE IV** 

**REPRESENTATIONS AND WARRANTIES OF THE SELLERS** 

Each Seller hereby represents and warrants to Buyer, severally and not jointly (provided that all representations and warranties made by TPI Parent are also made with respect to the Debtor Seller Parties), that, except as set forth in the Disclosure Schedules (as applicable to such Seller):

Section 4.01. <u>Formation and Authority of the Sellers; Enforceability</u>. Each Seller is a corporation or other entity duly incorporated, formed or organized, validly existing and, to the extent legally applicable, in good standing under the Laws of its jurisdiction of incorporation, formation or organization. TPI Parent directly or indirectly owns, beneficially and of record, all of the issued and outstanding equity interests of each Seller and each Debtor Seller Party, free and clear of all Liens (other than Permitted Liens, restrictions imposed by applicable securities Laws and the Bankruptcy Cases). Except for such authorizations required by the Bankruptcy Court, (a) such Seller, and (b) in the case of each Debtor Seller Party, TPI Parent on such Debtor Seller Party's behalf, in each case, has the requisite power, legal capacity and authority to execute, deliver and perform its obligations under this Agreement and will have prior to the Closing the requisite corporate or other appropriate power and authority to execute, deliver and perform its obligations under the other Seller Transaction Agreements to which it is a party (including the consummation of the Seller Transactions). Each Seller has the requisite power, legal capacity and authority to own, lease and operate its business as now conducted, including with respect to the Transferred Assets, as applicable, and is duly qualified as a foreign corporation or other entity or organization to do business, and to the extent legally applicable, is in good standing in each jurisdiction in which the character of its owned, operated or leased properties or the nature of its activities makes such qualification necessary, except for jurisdictions where the failure to be so qualified or in good standing has not had or would not, reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. The execution, delivery and performance by each Seller of the Seller Transaction Agreements (including the consummation of the Seller Transactions) to which it is a party have been, or will be prior to the Closing, duly authorized by all requisite corporate or organizational action on the part of such Seller, and no approval by such Seller's shareholder or governing body is required in connection with such Seller's execution, delivery and performance of the Seller Transaction Agreements. Except for such authorizations as may be required by the Bankruptcy Court, this Agreement has been duly executed and delivered by each Seller, and upon execution and delivery thereof, the other Seller Transaction Agreements will be duly executed and delivered by such Seller, as applicable, and (assuming due authorization, execution and delivery thereof by the other parties hereto and thereto) this Agreement constitutes, and upon execution and delivery, the other Seller Transaction Agreements will constitute, legal, valid and binding obligations of each Seller, enforceable against such Seller in accordance with their respective terms, subject to the Bankruptcy and Equity Exception.

Section 4.02. <u>No Conflicts</u>. Provided that all Consents, waivers and other actions listed on <u>Section</u> <u>4.02</u> or <u>Section</u> <u>4.03</u> of the Disclosure Schedules have been obtained or satisfied, the execution, delivery and performance by each Seller of the Seller Transaction Agreements (including the consummation of the Seller Transactions) do not and will not:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) violate or conflict with the certificate or articles of incorporation or bylaws or similar organizational or governing documents of such Seller (or, with respect to TPI Parent, any Debtor Seller Party);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) violate in any material respect any Law or Order applicable to such Seller (or, with respect to TPI Parent, any Debtor Seller Party) or the Business, or by which the Transferred Assets are bound or subject; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) violate, conflict with, result in a breach of or constitute a violation or default (or, any event that, with notice or lapse of time or both, would constitute a default) under, or give rise to any right to terminate, cancel or accelerate, or result in a loss of a material benefit under any Material Contracts to which such Seller or any of its Subsidiaries or Affiliates is a party or by which any of the Transferred Assets is bound.

Section 4.03. <u>Consents and Approvals</u>. Except as set forth on <u>Section</u> <u>4.03</u> of the Disclosure Schedules, the execution, delivery and performance by each Seller of the Seller Transaction Agreements (including the consummation of the Seller Transactions) do not and will not require any Consent, waiver, or other action from or by, or any filing with or notification to, any Government Authority by such Seller, except (a) in connection with applicable filing, notification, waiting period or approval requirements under applicable Antitrust Laws, (b) where the lack of any such Consent, waiver, or other action or filing or notification would not, individually or in the aggregate, reasonably be expected to be material to the Business or to prevent, materially delay or materially impair such Seller's ability to consummate the Transactions or perform its obligation under the Seller Transaction Agreements to which it is a party, or (c) as may be necessary solely and exclusively as a result of any facts or circumstances relating to Buyer or its Affiliates.

Section 4.04. <u>Financial Information; Absence of Undisclosed Liabilities</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Section 4.04(a)</u> of the Disclosure Schedules sets forth the unaudited consolidated balance sheet and income statement of India Seller for the year ended December 31, 2025 (the "**Financial Statements**").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Financial Statements (i) have been (or will be) prepared based on the books and records of the India Seller, (ii) have been (or will be) prepared in all material respects in accordance with GAAP and (iii) present fairly (or will present fairly), in all material respects, the financial condition and results of operation of the Business (on a consolidated basis with the business of TPI Parent's Affiliates) as of the respective dates and for the respective periods presented, subject to normal year-end adjustments none of which are material in amount and the absence of complete notes (as applicable) none of which are material in nature.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Except (i) Liabilities set forth in the Financial Statements, (ii) Liabilities incurred in the ordinary course of business since August 11, 2025 (none of which relate to breach of Contract, tort, infringement, violation of Law, Order or Permit, or any Action (other than claims filed in the Bankruptcy Cases), in each case, that would result in Liability that would constitute an Assumed Liability), (iii) Liabilities arising under this Agreement, (iv) Excluded Liabilities and (v) Liabilities that would not, individually or in the aggregate, reasonably be expected to be material to the Business, there are no Liabilities of the Business or the India Seller that are required to be reflected on, reserved against or otherwise described in a balance sheet prepared in accordance with GAAP.

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Section 4.05. <u>Absence of Certain Changes or Events</u>. Except as contemplated by the Transaction Agreements, or in connection with the negotiation and execution of the Transaction Agreements, the filing of the Bankruptcy Cases or the consummation of the Transactions, since August 11, 2025 (a) through the Agreement Date, each Seller is conducting the Business in all material respects in the ordinary course of business, (b) through the Agreement Date, there has not been a Material Adverse Effect, and (c) there has been no change in any method of accounting or accounting practice of such Seller, except as required by GAAP or applicable Law.

Section 4.06. <u>Absence of Litigation</u>. Other than the Bankruptcy Cases and any adversary proceedings or contested motions commenced in connection therewith, there are no Actions or Orders pending, existing or, threatened in writing against any Seller, in each case, that would or would reasonably be expected to materially prevent, delay or impair such Seller's ability to consummate the Transactions or perform its obligations under the Transaction Agreements. Except as set forth on <u>Section</u> <u>4.06</u> of the Disclosure Schedules, there are no Actions or Orders pending, existing or threatened in writing against any Seller (with respect to the Business) that would individually or in the aggregate be expected to be material to the Business.

Section 4.07. <u>Brokers</u>. Except for fees and expenses of Jefferies LLC and Alvarez & Marsal North America, LLC (the "**Sellers' Bankers**") (whose fees and expenses shall be solely borne by the Sellers as an Excluded Liability), no broker, finder or investment banker is entitled to any brokerage, finder's or other fee or commission from the Sellers or any of its respective Affiliates in connection with the Transactions and no broker, finder or investment banker, other than the Sellers' Bankers has acted for or on behalf of the Sellers, or any of their Affiliates in connection with the Transactions.

Section 4.08. <u>Title; Sufficiency of Transferred Assets</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Each Seller (or with respect to TPI Parent, each applicable Debtor Seller Party) has good title to, free and clear of any Liens (other than Permitted Liens) or a valid leasehold interest in or license to all Transferred Assets (including (i) any personal property leased pursuant to a Transferred Contract and (ii) any Intellectual Property licensed pursuant to a Transferred Contract) that are owned by or otherwise made available to such Seller or otherwise used in the ordinary course of business for the conduct of the Business, and at the Closing, subject to <u>Section</u> <u>2.04</u>, Buyer will own good and valid title to or have a valid leasehold interest in or license to each of the Transferred Assets free and clear of all Liens (other than Permitted Liens). For the avoidance of doubt, the foregoing representations and warranties shall not apply to leases relating to Transferred Leased Real Property, which are otherwise governed by <u>Section</u> <u>4.17</u> hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Assuming receipt of all consents, approvals and authorizations as contemplated pursuant to <u>Section</u> <u>6.05</u>, the Transferred Assets (together with all Intellectual Property rights and the rights granted and services to be performed under the Transaction Agreements) constitute (i) all of the properties, rights and assets that are necessary to permit the Buyer to conduct the Business as a going concern, after the Closing, in all material respects as presently conducted by the Sellers and the Debtor Seller Parties, (ii) are, in all material respects, in good and working order (subject to normal wear and tear), and (iii) are suitable in all material respects for the uses for which they are intended.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) No asset, property, right or service of the India Seller or any of its Affiliates that is not a Transferred Asset is material to, or necessary for, the ownership, operation or conduct of the Business as presently conducted by the Sellers and/or the Transferred Assets. Without limiting the foregoing, except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, no Excluded IN Asset is necessary for the ownership, operation or conduct of the Business as presently conducted by the Sellers.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Except as set forth on <u>Section</u> <u>4.08(d)</u> of the Disclosure Schedules, no Seller or Affiliate of any Seller is aware of, to the Knowledge of the Sellers, any facts, circumstances, or conditions that would reasonably be expected to prevent or impair Buyer's ability to operate the Business in the ordinary-course following Closing in any material respect, including in substantially the same manner as conducted by the Sellers and their Affiliates immediately prior to the Closing.

Section 4.09. <u>No Other Business</u>. With respect to the India Seller, as of the Agreement Date, the India Seller is not engaged in any business, operations or activities other than the Business.

Section 4.10. <u>Compliance with Laws, Permits</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Each Seller and its Affiliates is not in violation of any Laws or Orders applicable to such Seller's conduct of the Business in any material respect. Such Seller and its Affiliates have not received any written notice of or been charged with the violation of any Laws or Orders, except where such violation would not, individually or in the aggregate, reasonably be expected to be material to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Section 4.10(b</u>) of the Disclosure Schedules sets forth each of the material Permits held by the India Seller and constitute all of the material Permits necessary for the operation of the Business as currently conducted by the India Seller. Each such Permit is valid, binding and in full force and effect, in each case, except as would not, individually or in the aggregate, reasonably be expected to be material to the Business. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, the India Seller has not received written notice threatening to suspend, revoke, withdraw or modify any Permit listed on <u>Section</u> <u>4.10(b</u>) of the Disclosure Schedules. Each Permit that is transferable to Buyer or an Affiliate designated by Buyer is listed on <u>Section</u> <u>4.10(b)(</u><u>i</u><u>)</u> of the Disclosure Schedules. <u>Section</u> <u>4.10(b)(ii)</u> of the Disclosure Schedules sets forth all Permits that are not transferable to Buyer or an Affiliate designated by Buyer.

Section 4.11. <u>Intellectual Property</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Section 4.11(a)(i)</u> of the Disclosure Schedules sets forth a list of all material Business Registered IP, other than any registrations or applications that may have expired or been cancelled or abandoned in the ordinary course of business prior to the Agreement Date, and <u>Section</u> <u>4.11(a)(ii)</u> of the Disclosure Schedules sets forth a list of all material but unregistered Intellectual

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Property owned by each Seller (and, with respect to TPI Parent, each Debtor Seller Party) and Related to the Business. <u>Section</u> <u>4.11(a)(iii)</u> of the Disclosure Schedules sets forth a list of all Software owned, licensed, used, reproduced, modified, or distributed by the Sellers (and, with respect to TPI Parent, the Debtor Seller Parties) that is Related to the Business, and material to the operation of the Business. To the Knowledge of the Sellers, the Sellers (and, with respect to TPI Parent, the Debtor Seller Parties) (as applicable) own all right, title and interest in or have a valid right to use, the Business Intellectual Property, the Business Technology, and Intellectual Property licensed pursuant to the Transferred Contracts. To the Knowledge of the Sellers, the Business Intellectual Property, the Business Technology, and the Intellectual Property licensed pursuant to the Transferred Contracts, and the operation of the Business, as of the date hereof does not infringe upon or misappropriate or otherwise violate the Intellectual Property of any third party in a manner that would, individually or in the aggregate, reasonably be expected to be material to the Business. To the Knowledge of the Sellers, the Sellers and the Business have complied in all material respects with all of their obligations pursuant to all Transferred Contracts under which Intellectual Property is licensed from or to the Business. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, the Business Intellectual Property, the Business Technology, and the Intellectual Property licensed pursuant to the Transferred Contracts represents all Intellectual Property required to operate the Business of the Sellers as currently operated and as it had been operated in the twelve (12) months prior to the date of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Sellers have not received any written claim or notice from any Person during the past six (6) years alleging that the operation of the Business or any product or service of the Business infringes upon or misappropriates or otherwise violates any Intellectual Property of any third party which, if proven or established, would, individually or in the aggregate, reasonably be expected to be material to the Business. As of the date hereof, there are no Actions or Orders pending, existing or threatened in writing against the Sellers alleging that the operation of the Business or any product or service of the Business infringes upon or misappropriates or otherwise violates any Intellectual Property of any third party which, if proven or established, would, individually or in the aggregate, reasonably be expected to be material to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) To the Knowledge of the Sellers, no Person is currently infringing upon or misappropriating or otherwise violating any Business Intellectual Property, except for any such infringements or misappropriations that would not, individually or in the aggregate, reasonably be expected to be material to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) To the Knowledge of the Sellers, the Business Systems do not contain any viruses, malware, Trojan horses, worms, other undocumented contaminants, material bugs, vulnerabilities, faults, disabling codes, or other devices or effects that reasonably could (i) enable or assist any Person to access without authorization the Business Systems or any information in the Business Systems, or (ii) otherwise adversely affect the functionality of the Business Systems. In the past three (3) years, there have been no security breaches, Data losses or failures of the Business Systems in each case, except as would not, individually or in the aggregate, reasonably be expected to be material to the Business. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business taken as a whole, the Sellers are in actual possession of and have sufficient control and rights over, or have valid and enforceable rights to use, all Data Related to the Business. No Data that is used in connection with the Business is necessary to conduct the Business, except for Data that is (I) transferred to Buyer as a Transferred Asset, (II) expressly licensed to Buyer Parent pursuant to the duly executed IP License Agreement, or (III) made available to Buyer Parent under the TSA.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) The Sellers (and, with respect to TPI Parent, the Debtor Seller Parties) have taken commercially reasonable steps to maintain the confidentiality of all Trade Secrets and other confidential information included in the Business Intellectual Property and Business Technology except as would not, individually or in the aggregate, reasonably be expected to be material to the Business. To the Knowledge of the Sellers, during the past two (2) years, there has been no unauthorized use by any Person of any such Trade Secrets, except as would not, individually or in the aggregate, reasonably be expected to be material to the Business. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, the Sellers, with respect to the Personal Data contained in the Transferred Assets, have, during the three (3) years preceding the Agreement Date: (i) complied with all Data Protection Obligations; (ii) had commercially reasonable safeguards in place designed to protect Personal Data in the possession or under the control of the Sellers against loss, theft, or unauthorized disclosure; (iii) not experienced any security breach; and (iv) not received any written notice of any claims alleging any violation of any Data Protection Obligations by the Sellers.

Section 4.12. <u>Environmental Matters</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Sellers, with respect to the Business, are in compliance with all applicable Environmental Laws, except where the failure to comply would not, individually or in the aggregate, reasonably be expected to be material to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business: (i) the Sellers, with respect to the Business, are in compliance with all Environmental Permits required to operate the Transferred Assets or the Business, (ii) each such Environmental Permit is valid and in full force and effect, (iii) there are no existing, or to the Knowledge of the Sellers, pending, or threatened Actions, Orders or proceedings relating to the appeal, revocation, withdrawal, non-renewal, suspension, cancellation or termination of such Environmental Permits, and (iv) any applications for renewal of such Environmental Permits due under Environmental Laws or the terms of such Environmental Permits as of the date of this Agreement have been duly filed with the applicable Government Authority within the time frame required under applicable Environmental Laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, there are no Actions or Orders pending, existing or, to the Knowledge of the Sellers, threatened against the Sellers, with respect to the Business, alleging that a Seller is violating, or responsible for a Liability under, any Environmental Law, nor has any Seller otherwise received any written notice from any Government Authority or other Person alleging any violation of, or Liability under, any Environmental Law, which, in each case, remains pending or unresolved.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, there have been no Releases of Hazardous Materials by the Sellers, with respect to the Business, at or from the Transferred Leased Real Property in concentrations greater than those allowed under Environmental Laws or Environmental Permits, which would reasonably be expected to require investigation, remediation or monitoring by the Sellers.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) The India Seller has provided or otherwise made available to Buyer: (i) copies, or a list of, all Environmental Permits currently held by the India Seller; (ii) copies of all material, non-privileged documents bearing on the India Seller's, with respect to the Business, unresolved material environmental Liabilities or violations of Environmental Law, to the extent in their possession or reasonable control.

Section 4.13. <u>Material Contracts</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Section 4.13(a)</u> of the Disclosure Schedules lists the following Contracts Related to the Business that are in effect as of the date hereof (other than purchase orders) to which such Seller or, with respect to TPI Parent, any Debtor Seller Party is party or bound (collectively, the "**Material Contracts**"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Contracts, other than Employee Plans, with any current or former officer, employee or director of each Seller;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) any Collective Bargaining Agreement, with any labor union, works council or association representing any Transferred Employee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Contracts to sell (including contracts to assign or sublease any material Leased Real Property) or otherwise dispose (other than a non-exclusive license or sublicense) of any material Transferred Asset, other than in the ordinary course of business, which Contracts have obligations that have not been satisfied or performed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Contracts relating to the acquisition by any Seller of any operating business or the capital stock of any other Person, in each case, and for which the acquisition is still pending;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) other than intercompany Debt made or incurred in the ordinary course or in accordance with any Order of the Bankruptcy Court, Contracts relating to incurrence of Debt or the making of any loans;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) Contracts (or series of Contracts with the same counterparty), to the extent Related to the Business, (A) to purchase goods or products from a supplier that will result in purchases or expenditures by such Seller in an aggregate amount that exceeds $100,000 annually or (B) to sell goods or products to a customer other than the Buyer, and, in the case of (A) and (B), extends or requires performance by any party thereto for more than one (1) year from the Agreement Date and are not terminable by such Seller without penalty on less than ninety (90) days' notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) Contracts to enter into any commitment for capital expenditures in excess of $100,000;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) Contracts with any Government Authority that will result in sales or expenditure by the Sellers in excess of $10,000 annually; and

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) all Transferred Leases.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Each Material Contract is a legal, valid and binding obligation of the Seller or Debtor Seller Party that is party thereto, and, to the Knowledge of the Sellers, each other party to such Material Contract, and is enforceable against such Seller or Debtor Seller Party, and, to the Knowledge of the Sellers, each other party to such Material Contract, in accordance with its terms, subject, in each case, to the Bankruptcy and Equity Exception.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) To the Knowledge of the Sellers, none of the Sellers has received or delivered any notice of any material default or event that with notice or lapse of time or both would constitute a material default under any Material Contract, except for defaults that would not, individually or in the aggregate, reasonably be expected to be material to the Business.

Section 4.14. <u>Employment and Employee Benefits Matters</u>. 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) As of the date hereof, except as set forth on <u>Section</u> <u>4.14(a)</u> of the Disclosure Schedules, there are no Employee Plans exclusively covering any Covered Indian Employees or Covered Employees, or, in each case, the dependents or beneficiaries of the foregoing. With respect to each Assumed Employee Plan, the Sellers have previously provided to Buyer a true and complete copy of the following documents, to the extent applicable: (i) any written plan documents and all amendments thereto, (ii) insurance Contracts or other funding arrangements, (iii) the most recent audited financial statements and actuarial valuation reports, and (iv) any material, non-routine correspondence with any Government Authority received in the past twenty-four (24) months regarding the operation or the administration of such Assumed Employee Plan. With respect to each other material Employee Plan, the Sellers have previously provided to Buyer a true and complete copy of any written plan documents and all amendments thereto or a summary plan description of such plan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Section 4.14(b)</u> of the Disclosure Schedules sets forth a list, as of the date of this Agreement, of all Covered Indian Employees and Covered Employees specifying (i) job title, (ii) status (e.g., full-time regular, part-time regular, variable, seasonal, temporary, leased), (iii) work location (city, state and country), (iv) hire date, (v) eligibility for incentive compensation, (vi) classification under the Fair Labor Standards Act and any similar applicable Law (i.e., exempt, non-exempt), (vii) leave of absence status (including anticipated return date, if applicable), (viii) employing entity and (ix) whether such Person holds a work visa, permit or other similar approval. Other than as listed on <u>Section</u> <u>4.14(b)</u> of the Disclosure Schedules, to the Knowledge of the Sellers, no other employee of India Seller or Global SSC provides substantially all of such employee's services to the Business. The Covered Indian Employees and the Covered Employees provide all or substantially all of their employment services to the Business, and not to other businesses owned or controlled by the Affiliates of India Seller.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) As of the date hereof, there are no individual independent contractors or consultants of the Sellers or Debtor Seller Parties who primarily provide services to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) No Seller is party to or bound by any Collective Bargaining Agreement or other Contract with a Union and no Covered Employee or Covered Indian Employee is represented by a Union with respect to their employment with such Seller. To the Knowledge of the Sellers, there is no effort currently being made or threatened by, or on behalf of, any Union to organize any Covered Employee or Covered Indian Employee, and there has been no such effort during the past three (3) years.

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**HIGHLY CONFIDENTIAL** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) There are no: (i) strikes, concerted work stoppages, concerted work slowdowns or lockouts pending, or, to the Knowledge of the Sellers, threatened against such Seller, or (ii) Actions or Orders or any other unfair labor practice charges, or labor grievances or arbitrations pending, or, to the Knowledge of the Sellers, threatened. Each Seller, and its respective Affiliates are, and has been for the past three (3) years, in compliance in all material respects with all employment Laws with respect to the Covered Employees, Covered Indian Employees and individual independent contractors or consultants who, in each case, primarily provides services to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) With respect to the Covered Employees and Covered Indian Employees: (i) there has been no plant closing or mass layoff within the last twelve (12) months; and (ii) there has been no temporary furlough, layoff or plant closing within the last six (6) months which the Sellers now reasonably believes will last longer than six (6) months beyond the time period during which the furlough, layoff or plant closing was implemented.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) As of the Closing Date, except as would not result in material liability for any Seller or the Business, the Sellers have paid in full (i) to any Covered Employee or Covered Indian Employee, any wages, salaries, commissions, bonuses and compensation due and payable prior to the Closing Date and (ii) to all independent contractors, consultants, and temporary employees exclusively performing services for the Business, any fees for services that are due and payable prior to the Closing Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) To the Knowledge of the Sellers, neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby could (either alone or in conjunction with any other event) result in, accelerate the vesting, funding, or delivery of, or increase the amount or value of, any payment, severance, or benefit to any Covered Employee or Covered Indian Employee or any individual independent contractor or individual consultant of the Sellers (or Debtor Seller Parties) who provides services Related to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, there are no, and in the past three (3) years, there have been no, formal or informal material grievances, complaints or charges with respect to employment or labor matters pending or, to the Knowledge of the Sellers, threatened against Global SSC or India Seller with respect to the Covered Employees or Covered Indian Employees, respectively in any judicial, regulatory or administrative forum, under any private dispute resolution procedure or internally; and neither Global SSC nor India Seller are, and in the past three (3) years have not been, subject to any material order, decree, injunction or judgment by any Government Authority or private settlement contract in respect of any labor or employment matters pertaining to the Covered Employees or Covered Indian Employees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) There have been no critical or fatal injuries involving current or former employees of the Sellers Related to the Business in the past three (3) years, that are, were, or would reasonably be expected to be material to the Business.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) Except as disclosed in <u>Section</u> <u>4.14(k)</u> of the Disclosure Schedules, none of the Sellers is a party to or bound or governed by, or subject to any employment, consulting, retention, change of control or similar agreement providing for change of control, golden parachute, retention, severance, termination or similar payments or other compensation or benefits to, any Covered Employee or Covered Indian Employee in connection with either (i) the consummation of any transaction contemplated by this Agreement, or (ii) a change in control (including as a result of this Agreement).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) No Assumed Employee Plan provides post-termination or retiree health benefits to any individual for any reason, and, except as required by Law, no Seller has any Liability to provide post-termination or retiree health benefits to any individual or ever represented, promised or contracted to any individual that such individual would be provided with post-termination or retiree health benefits.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) Except where the failure to do so would not reasonably be expected to be material to the Business taken as a whole, (i) each Assumed Employee Plan complies in form and has been operated in accordance with its terms and all applicable Laws, (ii) the Sellers have made all required contributions and paid in full all required insurance premiums and other required payments with regard to each Assumed Employee Plan to the extent due or owing on or before the Closing Date, (iii) if intended to qualify for special Tax treatment meets all requirements for such treatment, and (iv) if intended to be fully funded and/or book-reserved is fully funded and/or book reserved, as appropriate, based upon reasonable actuarial assumptions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n) No Actions or Orders are pending, existing or threatened in writing from any Government Authority in connection with any Assumed Employee Plan (other than routine benefit claims) that would, individually or in the aggregate, reasonably be expected to be material to the Business.

Section 4.15. <u>Inventory</u>. The Transferred IN Inventory (a) is in good and marketable condition in all material respects and (b) was acquired and has been maintained in all material respects in accordance with the regular business practices of the Seller in the ordinary course of business consistent with past practice. <u>Section</u> <u>4.15</u> of the Disclosure Schedules sets forth the address of each location where Transferred IN Inventory or any other inventory used in the operation of, or prepared for, the Business, is located other than the Leased Real Property.

Section 4.16. <u>Taxes</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Each Seller, solely with respect to the Business or the Transferred Assets, has timely filed all material Tax Returns required to be filed, taking into account any extensions of time to file such Tax Returns. All material amounts of Taxes (whether or not shown as due on such Tax Returns) due and payable by any Seller with respect to the Business or the Transferred Assets have been timely paid (taking into account permitted extensions), other than with respect to any Taxes the payment of which was precluded by reason of the Bankruptcy Cases.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) No material deficiencies for any Taxes have been proposed, asserted or assessed, in each case, in writing, by a Taxing Authority against any Seller that are still pending with respect to the Business or the Transferred Assets, and there are no currently ongoing or pending proceedings, investigations, audits or claims by any Taxing Authority in respect of any Taxes relating to the Business or the Transferred Assets, other than any asserted claims for Taxes of a Seller filed by any Taxing Authority with the Bankruptcy Court.

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**HIGHLY CONFIDENTIAL** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) No Seller (in respect of the Business or the Transferred Assets) has entered into any written Contract or other arrangement, executed any waiver, or, to the Knowledge of the Sellers, otherwise taken any action, that is currently in effect, providing for any extension of time, other than any automatic extension of time, within which (x) to file any material Tax Return, (y) to pay any material amount of Taxes or (z) any Taxing Authority may assess or collect any material amount of Taxes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) There are no Liens for Taxes on the Transferred Assets other than Permitted Liens.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Each Seller (in respect of the Business or the Transferred Assets) has complied in all material respects with all applicable withholding obligations for Taxes required to have been withheld in connection with amounts paid to any independent contractor, in each case, of such Seller.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) In accordance with applicable Law, each Seller has properly collected and remitted all material sales, use, VAT, GST and similar Taxes required to be collected and remitted with respect to sales made to its customers.

Section 4.17. <u>Real Property</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The India Seller does not currently own, nor has it owned in the last six (6) years, any real property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Section 4.17(b)</u> of the Disclosure Schedules sets forth a list of all Transferred Leased Real Property. The India Seller has good and valid title to the leasehold estate (as lessee or sublessee) in all such Leased Real Property free and clear of all Liens, except for Permitted Liens. The India Seller is not party to or bound by any Lease other than the Transferred Leases.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) All Transferred Leases under which a Seller is a lessee or sublessee are in full force and effect and are enforceable as against such Seller and to the Knowledge of the Sellers, as against any other counterparty thereto, in all material respects, in accordance with their respective terms, subject to the Bankruptcy and Equity Exception. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, no written notices of material default under any such Lease or sublease have been sent or received by such Seller within the twelve (12)-month period ending on the Agreement Date, and other than any default caused by the Bankruptcy Cases, no other material default by such Seller exists under any such material Leases, in each case, that remains uncured as of the date hereof. A true and complete, in all material respects, copy of each Transferred Lease has been made available to Buyer. The India Seller has a valid leasehold interest in the Transferred Leased Real Property.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Such Seller has not received any written notice from any Government Authority asserting any material violation of applicable Laws with respect to the Leased Real Property that remains uncured, and to the Knowledge of the Sellers, no such violations exist.

Section 4.18. <u>A</u><u>ffiliate Transactions.</u> Except: (a) for employment-related arrangements, the payment of compensation and benefits in the ordinary course of business, and travel advances and employee loans, or (b) as set forth on <u>Section</u> <u>4.18</u> of the Disclosure Schedules, no current officer, manager, director of any Seller or any Affiliate of India Seller is a party to any Contract, or business relationship with, or has any material interest in any property of, or used by, India Seller.

Section 4.19. <u>Insurance.</u> <u>Section</u> <u>4.19</u> of the Disclosure Schedules provides a list of all Insurance Policies maintained for, at the expense of, or for the benefit of, the Transferred Assets or the Business, or under which India Seller has rights with respect to the Transferred Assets, Assumed Liabilities, Transferred Employees, or the Business. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, each such Insurance Policy is in full force and effect, all premiums due to date thereunder have been paid in full and neither the Sellers nor any of their Subsidiaries is in material default with respect to any other obligations thereunder. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, no written notice of cancellation or nonrenewal, in whole or in part, with respect to any such Insurance Policy currently in force has been received by the Sellers.

Section 4.20. <u>Corruption and Trade Regulation</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Neither the India Seller nor any Person acting on behalf of the India Seller, has at any time in the past twelve (12) months:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) violated, or engaged in any activity, practice or conduct which would violate any applicable anti-corruption Laws (collectively, "**Anti-Corruption Laws**");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) paid, offered, given, promised to pay, or authorized the unlawful payment of, any money or anything of value to, or for the benefit of, any "foreign public official" (as such term is defined in Anti-Corruption Laws) or other Person, for the purpose of (A) corruptly obtaining business; or (B) inducing the recipient to use his or her influence or position to affect any act or decision, in order to obtain or retain business for, direct business to, or secure an improper advantage for, the India Seller or the Business; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) been or is currently the subject of any allegation, voluntary disclosure, investigation, prosecution or other enforcement Action related to Anti-Corruption Laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the India Seller has implemented policies and procedures intended to promote compliance with International Trade Laws, including, but not limited to, the U.S. and the European Union, and have obtained all material licenses or other authorizations from the relevant Government Authorities in connection with International Trade Laws.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the India Seller and, to the Knowledge of the Sellers, any of its respective equityholders, directors, officers, employees, agents, distributors, sales representatives, and consultants, and each other Person acting for, or on behalf of, the India Seller, have been for the past three (3) years, and currently are, in material compliance with applicable provisions of, and have not been and are not subject to, and have not engaged and are not engaging in activities that may cause them to be subject to, material penalties, sanctions, or loss of Tax benefits under the International Trade Laws or any applicable Law relating to international trade administered by a Government Authority in any jurisdiction in which the India Seller operates for which the applicable statute of limitations is only triggered upon discovery of violative conduct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) None of the India Seller, nor to the Knowledge of the Seller, any of its respective members, managers, shareholders, directors, officers, employees, agents, distributors, sales representatives, and consultants, and each other Person acting for, or on behalf of, the India Seller has not, during the past three (3) years: (i) violated or engaged in any activities that may result in a material violation of, or penalties, sanctions, or loss of Tax benefits under, any International Trade Laws, or (ii) been fifty percent (50%) or more owned or controlled by any person that is the target of sanctions under International Trade Laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) the India Seller has not engaged in any activities with, in or involving (i) Cuba, Iran, North Korea, Syria, Russia or the Crimea, Donetsk, Luhansk, Kherson, or Zaporizhzhia regions of Ukraine, (collectively, the "**Embargoed Countries**") and the governments thereof, (ii) any Persons organized, incorporated, established, located, or resident in the Embargoed Countries, (iii) any Persons subject to sanctions or other trade restrictions by a Government Authority in any jurisdiction in which the Seller operates, or (iv) any Persons owned or controlled by, or acting on behalf of, any Person responsive to <u>clauses (</u><u>i</u><u>)</u> through <u>(iii)</u>, in any manner that would result in a material violation of Law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) There is no pending or threatened in writing any proceeding or Action against, or investigation by, a Government Authority of, the India Seller, nor is there any injunction, Order, judgment, ruling, or decree imposed (or threatened in writing to be imposed) upon India Seller by or before any Government Authority, civil or criminal investigation, audit or any other inquiry by a Government Authority, or voluntary disclosure being considered, in each case, in connection with an alleged possible or actual violation of any applicable International Trade Laws.

Section 4.21. <u>Accounts Payable.</u> <u>Section</u> <u>4.21</u> of the Disclosure Schedules sets forth all Accounts Payable as of the date hereof, which schedule shall include: (a) the legal name of the payee (and, if applicable, the vendor number or internal identifier), (b) the invoice number(s) and invoice date(s), (c) the unpaid balance outstanding, (d) the due date(s) and payment terms, (e) the aging of such Account Payable by standard aging buckets, and (f) whether such Account Payable is owed to an Affiliate, insider, officer, director or employee of the Sellers. All such Accounts Payable are bona fide obligations incurred in the ordinary course of business consistent with past practice, pursuant to valid and enforceable contracts or arrangements for goods or services actually ordered and received (or otherwise incurred in accordance with applicable agreements), and are not the subject of any setoff, counterclaim, defense, dispute, rebate, credit, return right or similar claim. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, all such Accounts Payable have been recorded in accordance with the Sellers'

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historical accounting policies consistently applied and in accordance with GAAP (to the extent applicable), are properly accrued and reflected in the Financial Statements, and are not contingent or unasserted. None of the Accounts Payable is owed to any Affiliate of the Sellers, insider, officer, director or employee. Except as set forth on <u>Section</u> <u>4.21</u> of the Disclosure Schedules, no Seller has in any material respect accelerated the payment of, delayed, deferred or extended the payment terms of, or otherwise manipulated the timing of, any material Accounts Payable outside the ordinary course of business consistent with past practice. Except as set forth on <u>Section</u> <u>4.21</u> of the Disclosure Schedules, since the date of the Financial Statements, each Seller has in all material respects paid all Accounts Payable when due in the ordinary course of business consistent with past practice and has not incurred any material Accounts Payable other than in the ordinary course of business consistent with past practice.

Section 4.22. <u>Absence of Asset Transfers</u>. Except as set forth in <u>Section</u> <u>4.22</u> of the Disclosure Schedules, since August 11, 2025:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) no Seller or Debtor Seller Party has sold, assigned, transferred, leased, licensed, abandoned, permitted to lapse, or otherwise disposed of any assets, properties, or rights (whether tangible or intangible) that would have constituted Transferred Assets, other than (i) sales of inventory in the ordinary course of business consistent with past practice, (ii) dispositions of obsolete or worn-out equipment in the ordinary course of business consistent with past practice, (iii) immaterial or obsolete Intellectual Property, and (iv) non-exclusive licenses of Intellectual Property granted in the ordinary course of business consistent with past practice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) no Seller or Debtor Seller Party has transferred, assigned, distributed, or encumbered any Transferred Assets to any Affiliate of such Seller or Non-Debtor Seller Party or to any equityholder of such Seller or Non-Debtor Seller Party or any related party of such Seller or Non-Debtor Seller Party; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) no Seller or Non-Debtor Seller Party has entered into any Contract or commitment to do any of the foregoing. 

Section 4.23. <u>Intercompany Obligations.</u> <u>Section</u> <u>4.23</u> of the Disclosure Schedules sets forth a true, correct and complete list as of the date of this Agreement of (a) all Seller Guarantees, (b) all Contracts between the India Seller, on the one hand, and TPI Parent, the Debtor Seller Parties, the Non-Debtor Seller Parties, or their respective Affiliates (other than India Seller), on the other hand, in each case, as of the date of this Agreement.

Section 4.24. <u>Deposits; IN GST Refund</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Section 4.24(a)</u> of the Disclosure Schedules sets forth a true, correct, and complete list as of the date of this Agreement of all Deposits Related to the Business or relating to the Transferred Assets, Assumed Liabilities, the Leased Real Property, or otherwise pertaining to the Business, including (i) the name and address of each bank, financial institution, or other depository or third party with which such Deposit is held, (ii) the type of Deposit (including whether such Deposit is a security deposit, escrow, prepayment, or other form of deposit), and (iii) the amount of each such Deposit as of the date of this Agreement. Except as set forth on <u>Section</u> <u>4.24(a)</u> of the Disclosure Schedules, no Deposit is subject to any Lien (other than Permitted Liens),

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and no event has occurred that would permit any third party to retain, set off against, or apply any Deposit other than in accordance with the terms of the applicable Contract or arrangement pursuant to which such Deposit was made.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) All security deposits, letters of credit, guarantees, or other similar instruments held by or on behalf of any lessor or sublessor under any Lease or sublease relating to the Transferred Leased Real Property (collectively, "**Leasehold Security Deposits**") are set forth on <u>Section</u> <u>4.24</u> of the Disclosure Schedules. Each such Leasehold Security Deposit is being held in accordance with the terms of the applicable Lease or sublease and all applicable Laws, and, to the Knowledge of the Sellers, no event has occurred that would permit the lessor or sublessor to apply or retain any portion of such Leasehold Security Deposits other than in the ordinary course of business in accordance with the terms of the applicable Lease or sublease. There are no claims, set-offs, or defenses asserted or, to the Knowledge of the Sellers, threatened by any lessor or sublessor with respect to any Leasehold Security Deposit that would, individually or in the aggregate, reasonably be expected to be material to the Business. There are no material letters of credit, guarantees, bonds, credit support arrangements, or similar arrangements issued by TPI Parent or any of its Subsidiaries and Related to the Business or with respect to the Transferred Assets.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) As of the date hereof, the aggregate amount of the IN GST Refund is $4,664,991.00. With respect to the IN GST Refund, and, except as otherwise contemplated by this Agreement, to the extent required, as of the Closing, (i) the India Seller has timely and accurately filed all required GST returns, refund applications, declarations, statements, and supporting documentation under applicable GST Laws in all material respects; (ii) all such filings were true, complete, and correct in all material respects when made; (iii) all procedural, substantive, and documentary requirements necessary for the IN GST Refund to become payable have been satisfied in all material respects; (iv) no action or omission of India Seller exists that would reasonably be expected to result in the denial, reduction, delay, clawback, or offset of the IN GST Refund in any material respect; and (v) India Seller is not aware of any fact, circumstance, or development that would reasonably be expected to materially or adversely affect India Seller's entitlement to receive the IN GST Refund in full.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Section 4.24(d)</u> of the Disclosure Schedules sets forth the true and correct amount of funds received by any Seller under the SIPCOT Arrangement.

Section 4.25. <u>Executory Contracts</u>. <u>Section</u> <u>4.25</u> of the Disclosure Schedules sets forth a true, correct, and complete list of the Available Executory Contracts.

Section 4.26. <u>Escheat; Unclaimed Property</u>. In accordance with applicable Law, each Seller has complied in all material respects with all applicable escheat, unclaimed property, abandoned property and similar obligations, in each case, solely to the extent Related to the Business.

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Section 4.27. <u>No Other Representations or Warranties</u>. Except for the representations and warranties expressly set forth in this <u>Article IV</u> (as modified by the Disclosure Schedules) or any other Transaction Agreement, neither such Seller nor any other Person has made, makes or shall be deemed to make any other representation or warranty of any kind whatsoever, express or implied, written or oral, at Law or in equity, on behalf of such Seller or any of its respective Affiliates, including any representation or warranty regarding such Seller, or any other Person, any Transferred Assets, any Liabilities of such Seller, including any Assumed Liabilities, the Business, any Transaction, any other rights or obligations to be transferred pursuant to the Transaction Agreements or any other matter, and each Seller hereby disclaims all other representations and warranties of any kind whatsoever, express or implied, written or oral, at Law or in equity, whether made by or on behalf of the Sellers or any other Person, including any of its Representatives. Except for the representations and warranties expressly set forth in this <u>Article IV</u> (as modified by the Disclosure Schedules) or any other Transaction Agreement, each Seller hereby (a) disclaims and negates any representation or warranty, expressed or implied, at common law, by statute, or otherwise, relating to the condition of the Transferred Assets or the Business, and (b) disclaims all Liability and responsibility for all projections, forecasts, estimates, financial statements, financial information, appraisals, statements, promises, advice, Data or information made, communicated or furnished (orally or in writing, including electronically) to Buyer or any of Buyer's Affiliates or any Representatives of Buyer or any of Buyer's Affiliates (including any opinion, information, projection, or advice that may have been or may be provided to Buyer by any Representative of the Sellers), including omissions therefrom. Without limiting the foregoing, the Sellers do not make any representation or warranty of any kind whatsoever, express or implied, written or oral, at Law or in equity, to Buyer or any of its Affiliates or any Representatives of Buyer of any of its Affiliates regarding the probable success, profitability or value of the Transferred Assets or the Business. Notwithstanding anything in this Agreement or in any other Transaction Agreement to the contrary, nothing in this Agreement shall limit any rights or claims a Person may have in respect of Fraud.

**ARTICLE V** 

**REPRESENTATIONS AND WARRANTIES OF BUYER** 

Buyer hereby represents and warrants to the Sellers that:

Section 5.01. <u>Formation and Authority of Buyer; Enforceability</u>. Buyer is a corporation or other entity duly incorporated, formed or organized, validly existing and, to the extent legally applicable, in good standing under the Laws of its jurisdiction of incorporation, formation or organization and has the requisite corporate or other appropriate power and authority to execute, deliver and perform its obligations under the Buyer Transaction Agreements (including the consummation of the Buyer Transactions). The execution, delivery and performance of the Buyer Transaction Agreements by Buyer (including the consummation of the Buyer Transactions) have been or will be prior to Closing, as applicable, duly authorized by all requisite corporate or organizational action on the part of Buyer. This Agreement has been, and upon execution and delivery thereof, the other Buyer Transaction Agreements will be, duly executed and delivered by Buyer, and (assuming due authorization, execution and delivery by the other parties hereto and thereto) this Agreement constitutes, and upon execution and delivery thereof, the other Buyer Transaction Agreements will constitute, legal, valid and binding obligations of Buyer enforceable against Buyer in accordance with their respective terms, subject to the Bankruptcy and Equity Exception.

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**HIGHLY CONFIDENTIAL** 

Section 5.02. <u>No Conflict</u>. Provided that all Consents, waivers and other actions described in <u>Section</u> <u>5.03</u> have been obtained, the execution, delivery and performance by Buyer of the Buyer Transaction Agreements do not and will not:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) violate or conflict with in any material respect the certificate or articles of incorporation or bylaws or similar organizational documents of Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) violate in any material respect any Law or Order applicable to Buyer; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) violate or conflict with, result in any breach of, or constitute a violation or default (or, any event that, with notice or lapse of time, or both would constitute a default) under, or give to any Person any right to terminate, accelerate or cancel, or result in a loss of a material benefit under any material Contract to which Buyer or any of its Subsidiaries or Affiliates is a party or by which any of such assets or properties is bound, except for any such conflicts, violations, terminations, cancellations, breaches, defaults, accelerations, or Liens as would not materially impair or delay the ability of Buyer to consummate the Buyer Transactions or otherwise perform its obligations under the Buyer Transaction Agreements.

Section 5.03. <u>Consents and Approvals</u>. The execution, delivery and performance by Buyer of the Buyer Transaction Agreements do not and will not require any Consent, waiver or other action by, or any filing with or notification to, any Government Authority, except (a) in connection with applicable filing, notification, waiting period or approval requirements under applicable Antitrust Laws or (b) where the failure to obtain such Consent or waiver, to take such action, or to make such filing or notification, would not prevent or materially impair or delay the ability of Buyer to consummate the Buyer Transactions or otherwise perform its obligations under the Buyer Transaction Agreements.

Section 5.04. <u>Absence of</u> <u>Litigation</u>. There are no Actions or Orders pending, existing or, threatened in writing against the Buyer, in each case, that would materially prevent, delay or impair the Buyer's ability to consummate the Transactions or otherwise perform its obligations under the Transaction Agreements.

Section 5.05. <u>Financial Ability</u>. Buyer has, and will have at the Closing, (a) sufficient immediately available funds and the financial ability to pay the Purchase Price, all Cure Costs and any costs and expenses incurred by Buyer pursuant to, or in connection with the negotiation, execution or performance of the Transaction Agreements and (b) the resources and capabilities (financial and otherwise) to perform its obligations under the Buyer Transaction Agreements.

Section 5.06. <u>Brokers</u>. No broker, finder or investment banker is entitled to any brokerage, finder's or other fee or commission from Buyer or any of Buyer's Affiliates in connection with the Transactions.

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Section 5.07. <u>Investigation</u>. Buyer acknowledges and agrees that it (a) has completed such inquiries and investigations as it has deemed appropriate into, and, based thereon and on the making of the representations and warranties set forth in <u>Article IV</u>, has formed an independent judgment concerning, the Transferred Assets, the Assumed Liabilities, the Business and the Transactions, and any other rights or obligations to be transferred, directly or indirectly, pursuant to the Transaction Agreements and (b) has been furnished with, or given access to, all such projections, forecasts, estimates, appraisals, statements, promises, advice, data or information about the Sellers, the Transferred Assets, the Assumed Liabilities, the Business and any other rights or obligations to be transferred, directly or indirectly, pursuant to the Transaction Agreements, as it has requested or otherwise requires to enter into this Agreement. Buyer further acknowledges and agrees that (x) the only representations and warranties made by the Sellers are the representations and warranties expressly set forth in <u>Article IV</u> (as modified by the Disclosure Schedules) or pursuant to any other Transaction Agreement and Buyer has not relied upon, and will not rely upon, any other express or implied representations, warranties or other projections, forecasts, estimates, appraisals, statements, promises, advice, data or information made, communicated or furnished by or on behalf of the Sellers or any of their Affiliates (including any Debtor Seller Parties), any Representatives of the Sellers or any of their Affiliates or any other Person, including any projections, forecasts, estimates, appraisals, statements, promises, advice, data or information made, communicated or furnished by or through the Sellers' Bankers, or management presentations, data rooms (electronic or otherwise) or other due diligence information, and that Buyer will not have any right or remedy arising out of any such representation, warranty or other projections, forecasts, estimates, appraisals, statements, promises, advice, data or information and (y) any claims Buyer may have for breach of any representation or warranty shall be based solely on the representations and warranties of the Sellers expressly set forth in <u>Article IV</u> (as modified by the Disclosure Schedules) or in any other Transaction Agreement, subject to the exclusive remedies set forth herein. Except as otherwise expressly set forth in this Agreement, Buyer understands and agrees that the Business, the Transferred Assets and the Assumed Liabilities are being transferred on a "**where-is**" and, as to condition, "**as-is**" basis subject to the representations and warranties contained in <u>Article IV</u> (as modified by the Disclosure Schedules) or in any other Transaction Agreement without any other representations or warranties of any nature whatsoever. Notwithstanding anything in this Agreement or in any other Transaction Agreement to the contrary, nothing in this Agreement shall limit any rights or claims a Person may have in respect of Fraud.

Section 5.08. <u>No Other Representations or Warranties</u>. Except for the representations and warranties expressly set forth in this <u>Article V</u>, the other Transaction Agreements or any certificate delivered pursuant to any Transaction Agreement, neither Buyer nor any other Person has made, makes or shall be deemed to make any other representation or warranty of any kind whatsoever, express or implied, written or oral, at law or in equity, on behalf of Buyer or any of its Affiliates, and Buyer hereby disclaims all other representations and warranties of any kind whatsoever, express or implied, written or oral, at law or in equity, whether made by or on behalf of Buyer or any other Person, including any of their respective Representatives.

**ARTICLE VI** 

**ADDITIONAL AGREEMENTS** 

Section 6.01. <u>Conduct of Business Before the Closing</u>. Buyer acknowledges that certain of the Sellers are operating the Business in the context of the Bankruptcy Cases. Subject to the foregoing, except (a) as required by applicable Law, by Order of the Bankruptcy Court or to the extent required in connection with the Bankruptcy Cases, (b) as required by the terms of any Transaction Agreement or (c) for matters identified on <u>Section</u> <u>6.01</u> of the Disclosure Schedules, during the Pre-Closing Period:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Each Seller shall (and TPI Parent shall cause each Debtor Seller Party to), other than in connection with the Bankruptcy Cases use commercially reasonable efforts to (A) operate the Business in the ordinary course of business, (B) maintain the Transferred Assets in their current condition (subject to ordinary wear and tear), and (C) preserve in all material respects the present business operations, organization and goodwill of the Business, and the present relationships with material customers, material suppliers and other material commercial relationships of the Business; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) unless Buyer otherwise consents in writing (which consent shall not be unreasonably withheld, conditioned or delayed), TPI Parent and the India Seller will not, with respect to the Business as operated by the India Seller, the Transferred Assets and the Assumed Liabilities, do any of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) create, grant or incur any Lien on any Transferred IN Assets (in each case, whether tangible or intangible), in each case, other than a Permitted Lien or a Lien that will be discharged at or prior to the Closing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) acquire (by merger, consolidation, acquisition of stock or assets or otherwise), directly or indirectly, any corporation, partnership, limited liability company or other business organization or division or any securities or interests in any business organization;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) merge or consolidate the India Seller with any Person;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) restructure, reorganize or liquidate all or a portion of, or otherwise enter into an agreement or arrangement imposing restrictions upon, the Transferred IN Assets or the Business as operated by the India Seller;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) make any investment in, or any loan, advance or capital contribution to, any Person or enter into any joint venture, partnership or other similar arrangement in connection with the Business as operated by the India Seller;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) acquire, directly or indirectly, any assets or properties, other than (x) raw materials and supplies in the ordinary course of business and (y) assets and property; the value of which does not exceed $100,000;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) (x) other than with respect to (1) Intellectual Property, or (2) sales, transfers or other dispositions to the Buyer pursuant to the Commercial Arrangements, sell, transfer or otherwise dispose of any assets of the Business, other than inventory and immaterial obsolete equipment in the ordinary course of business; or (y) with respect to Intellectual Property, sell, assign, license, sublicense, abandon, allow to lapse, transfer or otherwise dispose of, or create or incur any Lien on or otherwise fail to take any commercially reasonable action necessary to maintain or protect, any Business Intellectual Property, other than (i) a Permitted Lien (or a Lien that will be discharged at or prior to the Closing Date) incurred in the ordinary course of business, (ii) non-exclusive licenses to Intellectual Property granted to third parties in the ordinary course of business, or (iii) immaterial or obsolete Intellectual Property;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) other than in the ordinary course of business or in coordination with or at the direction of Buyer or its Affiliates, enter into (including by assignment or acquisition), amend or modify, fail to renew, waive compliance with, settle any claim with respect to or terminate any material Transferred IN Contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) take any action to initiate or acquiesce to any bankruptcy, insolvency, reorganization or moratorium proceeding of any character, including any composition, administration or arrangement with creditors, voluntary or involuntary, of the India Seller or any of the Transferred IN Assets;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) incur any capital expenditures in respect of the Business, in excess of $100,000;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) other than as required by applicable Law or by the terms of any Employee Plan in effect on the Agreement Date (1) hire, promote or terminate (other than for cause) the employment of any Covered Indian Employee employed by the India Seller or any independent contractor of the India Seller providing services Related to the Business, with an annual compensation in excess of $50,000 (2) increase the wages, salaries, or bonuses payable to any Covered Indian Employee with an annual compensation in excess of $50,000, or any independent contractor of the India Seller providing services Related to the Business, (3) transfer the employment of any Covered Indian Employee such that he or she is no longer a Covered Indian Employee (involved in the Business), (4) establish or materially increase any benefits under any Assumed Employee Plan, or grant or increase any severance, change in control, retention, termination or similar compensation or benefits to (or amend any existing severance, change in control, retention, termination or similar compensation, benefits or arrangement with) any Covered Indian Employee or other service provider providing services Related to the Business (involved in the Business), or (5) establish, adopt, materially amend, or terminate any Employee Plan that could be an Assumed Employee Plan or any Employee Plan sponsored by the India Seller; <u>provided</u>, that TPI Parent shall (or shall cause India Seller to) provide written notice to Buyer with respect to any termination of any Covered Indian Employee or hiring of any employee who would constitute a Covered Indian Employee, in each case, with an annual compensation equal to or less than $50,000;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) other than as required by applicable Law or by the terms of any Employee Plan in effect on the Agreement Date, increase the wages, salaries, or bonuses payable to a Covered Indian Employee after the date when Buyer has made a written offer of employment to such Covered Indian Employee pursuant to <u>Section</u> <u>6.09(a)</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) enter into any new line of business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiv) materially amend, modify, extend, renew or terminate any Transferred Lease;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xv) (1) amend or terminate any Material Contract or (2) enter into any Contract that would have been required to be disclosed as a Material Contract on <u>Section</u> <u>4.13(a)</u> of the Disclosure Schedules, had it been entered into prior to the Agreement Date, other than in the ordinary course of business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvi) enter into any settlement or release with respect to any Action or Order Related to the Business or primarily related to the Transferred IN Assets, in each case, where the amount paid in settlement or release exceeds $100,000 other than any settlement or release entered into in the ordinary course of business or otherwise that (x) contemplates only the payment of money without ongoing limits on the conduct or operation of the Business which payment will be satisfied by the applicable Seller prior to the Closing or treated as an Excluded Liability, (y) results in a full release of the India Seller or with respect to the claims giving rise to such Action or Order or (z) involves the payment of Liabilities reflected or reserved against in full in the Financial Statements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvii) fail to maintain in all material respects, full force and effect any existing Insurance Policy for, at the expense of, or for the benefit of the Transferred IN Assets, Assumed Liabilities, or the Business as operated by the India Seller;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xviii) delay or postpone any payment of Accounts Payable or other payables or expenses (other than pre-petition Accounts Payable not permitted to be paid under the Bankruptcy Code), or accelerate the collection of accounts receivable or cash collections of any type in a manner that materially deviates from the ordinary course of business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xix) fail to maintain or permit to lapse or expire any material Permit; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xx) agree to, authorize or enter into any legally binding commitment with respect to any of the foregoing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) unless Buyer otherwise consents in writing (which consent shall not be unreasonably withheld, conditioned or delayed), each Non-Debtor Seller Party will not, solely with respect to the Business and with respect to the Transferred Non-Debtor Assets, do any of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) create, grant or incur any Lien on any material Transferred Non-Debtor Assets (in each case, whether tangible or intangible), in each case, other than a Permitted Lien or a Lien that will be discharged at or prior to the Closing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) restructure, reorganize or liquidate all or a portion of, or otherwise enter into an agreement or arrangement imposing restrictions upon, the Transferred Non-Debtor Assets or the Business as operated by such Non-Debtor Seller Party;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) take any action to initiate or acquiesce to any bankruptcy, insolvency, reorganization or moratorium proceeding of any character, including any composition, administration or arrangement with creditors, voluntary or involuntary, of the Non-Debtor Seller Parties or any of the Transferred Non-Debtor Assets;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) other than as required by applicable Law or by the terms of any Employee Plan in effect on the Agreement Date (1) hire, promote or terminate (other than for cause) the employment of any Covered Employee employed by such Non-Debtor Seller Party, or any independent contractor of such Non-Debtor Seller Party providing services Related to the Business, with an annual compensation in excess of $100,000, (2) increase the wages, salaries, or bonuses payable to any Covered Employee employed by such Non-Debtor Seller Party, with an annual compensation in excess of $100,000 or any independent contractor of such Non-Debtor Seller Party providing services Related to the Business, (3) transfer the employment of any Covered Employee employed by such Non-Debtor Seller Party such that he or she is no longer a Covered Employee (involved in the Business), (4) establish or materially increase any benefits under any Assumed Employee Plan, or grant or increase any severance, change in control, retention, termination or similar compensation or benefits to (or amend any existing severance, change in control, retention, termination or similar compensation, benefits or arrangement with) any Covered Employee employed by such Non-Debtor Seller Party, or (5) establish, adopt, materially amend, or terminate any Employee Plan that could be an Assumed Employee Plan or any Employee Plan sponsored by such Non-Debtor Seller Party; <u>provided</u>, that TPI Parent shall (or shall cause the applicable Non-Debtor Seller Party to) provide written notice to Buyer with respect to any termination of any Covered Employee or hiring of any employee who would constitute a Covered Employee, in each case, with an annual compensation equal to or less than $50,000;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) other than as required by applicable Law or by the terms of any Employee Plan in effect on the Agreement Date, increase the wages, salaries, or bonuses payable to a Covered Employee after the date when Buyer has made a written offer of employment to such Covered Employee pursuant to <u>Section</u> <u>6.09(a)</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) enter into any settlement or release with respect to any Action or Order related to the Business or the Transferred Non-Debtor Assets, in each case, where the amount paid in settlement or release exceeds $50,000, other than any settlement or release entered into in the ordinary course of business or that otherwise (x) contemplates only the payment of money without ongoing limits on the conduct or operation of the Business which payment will be satisfied by the applicable Non-Debtor Seller Party prior to the Closing or treated as an Excluded Liability, (y) results in a full release of an applicable Non-Debtor Seller Party or with respect to the claims giving rise to such Action or Order or (z) involves the payment of Liabilities reflected or reserved against in full in the Financial Statements; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) agree to, authorize or enter into any legally binding commitment with respect to any of the foregoing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) unless Buyer otherwise consents in writing (which consent shall not be unreasonably withheld, conditioned or delayed), TPI Parent will not (and will cause each Debtor Seller Party not to), solely with respect to the Business as operated by TPI Parent (or such applicable Debtor Seller Party) and with respect to the Transferred Debtor Assets, do any of the following:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) create, grant or incur any Lien on any Transferred Debtor Assets (in each case, whether tangible or intangible), in each case, other than a Permitted Lien or a Lien that will be discharged at or prior to the Closing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) acquire (by merger, consolidation, acquisition of stock or assets or otherwise), directly or indirectly, any corporation, partnership, limited liability company or other business organization or division or any securities or interests in any business organization;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) merge or consolidate with any Person;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) restructure, reorganize or liquidate all or a portion of, or otherwise enter into an agreement or arrangement imposing restrictions upon, the Transferred Debtor Assets or the Business as operated by TPI Parent (or such applicable Debtor Seller Party);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) make any investment in, or any loan, advance or capital contribution to, any Person or enter into any joint venture, partnership or other similar arrangement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) acquire, directly or indirectly, any assets or properties, other than (x) raw materials and supplies in the ordinary course of business, and (y) assets and property, the value of which does not exceed $100,000;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) (x) other than with respect to Intellectual Property, sell, transfer or otherwise dispose of any Transferred Debtor Assets, other than inventory, and immaterial obsolete equipment in the ordinary course of business; or (y) with respect to Intellectual Property, sell, assign, license, sublicense, abandon, allow to lapse, transfer or otherwise dispose of any Business Intellectual Property owned by TPI Parent (or such applicable Debtor Seller Party), other than (i) a Permitted Lien incurred in the ordinary course of business or a Lien that will be discharged at or prior to the Closing, (ii) non-exclusive licenses to Intellectual Property granted to third parties in the ordinary course of business, or (iii) immaterial or obsolete Intellectual Property;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) other than in the ordinary course of business or in coordination with or at the direction of Buyer or its Affiliates, enter into (including by assignment or acquisition), amend or modify, fail to renew, waive compliance with, settle any claim with respect to or terminate any Transferred Executory Contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) other than the Bankruptcy Cases, take any action to initiate or acquiesce to any bankruptcy, insolvency, reorganization or moratorium proceeding of any character, including any composition, administration or arrangement with creditors, voluntary or involuntary, of TPI Parent (or the applicable Debtor Seller Party) or any of its assets or properties Related to the Business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) incur any capital expenditures in respect of the Business, in excess of $100,000;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) agree to allow any form of relief from the automatic stay in the Bankruptcy Cases or fail to use reasonable best efforts to oppose any action by a third party to obtain relief from the automatic stay in the Bankruptcy Cases;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) voluntarily pursue or seek, or fail to use reasonable best efforts to oppose any third party in pursuing or seeking, a conversion of any of the Bankruptcy Cases to a case under chapter 7 of the Bankruptcy Code, the appointment of a trustee under chapter 11 or chapter 7 of the Bankruptcy Code and/or the appointment of an examiner with expanded power;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) (1) amend or terminate any Material Contract to which TPI Parent or such Debtor Seller Party is a party or (2) enter into any Contract that would have been required to be disclosed as a Material Contract on <u>Section</u> <u>4.13(a)</u> of the Disclosure Schedules, had it been entered into prior to the Agreement Date, other than in the ordinary course of business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiv) enter into any settlement or release with respect to any Action or Order Related to the Business or exclusively related to the Transferred Debtor Assets, in each case, where the amount paid in settlement or release exceeds $100,000, other than any settlement or release entered into in the ordinary course of business or that otherwise (x) contemplates only the payment of money without ongoing limits on the conduct or operation of the Business which payment will be satisfied by TPI Parent (or such applicable Debtor Seller Party) prior to the Closing or treated as an Excluded Liability, (y) results in a full release of TPI Parent (or such applicable Debtor Seller Party) or with respect to the claims giving rise to such Action or Order or (z) involves the payment of Liabilities reflected or reserved against in full in the Financial Statements; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xv) agree to, authorize or enter into any legally binding commitment with respect to any of the foregoing.

Section 6.02. <u>Access to Information</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) During the Pre-Closing Period, upon reasonable prior written notice to TPI Parent, at the sole cost and expense of Buyer, the Sellers shall (i) afford the Representatives of Buyer reasonable access, during normal business hours, to the properties, assets, employees, facilities, Contracts and books and records of the India Seller and otherwise the Transferred Assets of the other Sellers, (ii) furnish to the Representatives of Buyer such additional financial and operating data, any information relating (directly or indirectly) to Taxes, social security obligations and other information regarding the Business, the Transferred Assets, and the Assumed Liabilities as Buyer or its Representatives may from time to time reasonably request, and (iii) make available to Buyer and its Representatives, during normal business hours, those directors, officers, employees, auditors, accountants and other Representatives of the India Seller and the other Sellers, except, in the case of (i), (ii) and (iii), as set forth in <u>Section</u> <u>6.02(b)</u>. In furtherance of the foregoing, during the Pre-Closing Period, the Sellers shall furnish to certain mutually acceptable Representatives of Buyer information reasonably requested by Buyer (including name and compensation information of Covered Indian Employees and Covered Employees) to allow Buyer to make the offers of employment contemplated in <u>Section</u> <u>6.09</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Notwithstanding anything in this Agreement to the contrary:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) (A) in no event shall the Sellers or their respective Affiliates be obligated to provide any (1) access or information in violation of any applicable Law (including Data Protection Obligations) or any Order of the Bankruptcy Court, (2) information the disclosure of which could reasonably be expected to jeopardize any applicable privilege (including the attorney-client privilege) available to the Sellers or any of their respective Affiliates relating to such information, or (3) information the disclosure of which would cause the Sellers or any of its Affiliates to breach a confidentiality obligation to which it is bound (it being agreed that, in the case of the preceding <u>clauses (1)</u>, <u>(2)</u> and <u>(3)</u>, the applicable Sellers shall, to the extent reasonably practicable, cooperate with Buyer and its Representatives to make appropriate substitute arrangements or limit disclosure to the extent necessary to avoid a violation of an applicable Law or an Order of the Bankruptcy Court or avoid jeopardizing an applicable privilege or avoid breaching the applicable confidentiality obligation) and (B) any access or investigation contemplated by <u>Section</u> <u>6.02(a)</u> shall not unreasonably interfere with any of the businesses, personnel or operations of the Sellers or any of its Affiliates or the Business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the auditors and accountants of the Sellers or any of their respective Affiliates or the Business shall not be obligated to make any work papers available to any Person except in accordance with such auditors' and accountants' normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Buyer and its Representatives shall not conduct any sampling or testing of soil, groundwater, air, or other environmental media of the Sellers.

Section 6.03. <u>Confidentiality</u>. Buyer acknowledges that the Confidential Information and Transaction Information (each as defined in the Confidentiality Agreement) provided to it in connection with this Agreement, including information provided under <u>Section</u> <u>6.02</u>, is subject to the Confidentiality Agreement and the terms of the Confidentiality Agreement are incorporated into this Agreement by reference and shall continue in full force and effect (and all obligations thereunder shall be binding upon Buyer, its Representatives (as defined in the Confidentiality Agreement) and any other third party who signed (or signs) a joinder thereto subject to and in accordance with the Confidentiality Agreement as if parties thereto) until the Closing, at which time the obligations under the Confidentiality Agreement shall terminate; <u>provided</u>, <u>however</u>, that Buyer's confidentiality obligations shall terminate only in respect of that portion of the Confidential Information relating to the Business and constituting a Transferred Asset, and for all other Confidential Information, the Confidentiality Agreement shall continue in full force and effect in accordance with its terms. If for any reason the Closing does not occur and this Agreement is terminated, the Confidentiality Agreement shall continue in full force and effect in accordance with its terms; <u>provided</u>, <u>further</u> that the term of the Confidentiality Agreement as set forth therein shall be amended to refer to one (1) year from the date of termination of this Agreement. For the avoidance of doubt, the provisions in the Confidentiality Agreement which by their terms survive the termination of the Confidentiality Agreement shall continue in full force and effect in accordance with their terms (as modified by the previous sentence).

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Section 6.04. <u>Regulatory Approvals</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Promptly following the Agreement Date until the Closing or the earlier termination of this Agreement pursuant to <u>Article XI</u>, Buyer shall, and shall cause its respective Affiliates to, TPI Parent shall, and shall cause the Debtor Seller Parties to, each Non-Debtor Seller Party shall, and the India Seller shall, (i) make all required filings and (ii) use commercially reasonable efforts to take any and all steps to promptly obtain all Consents, Permits and Orders of all Government Authorities (other than, solely with respect to TPI Parent and the Debtor Seller Parties, any required approvals or action of the Bankruptcy Court, which are governed exclusively by <u>Article VIII</u>) that may be, or become, necessary for the execution and delivery of, and performance of its obligations pursuant to, the Transaction Agreements (including the consummation of the Transactions) (collectively, the "**Government Approvals**").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Without limiting the generality of each Party's obligations under <u>Section</u> <u>6.04(a)</u>, to the extent required, the Parties shall make their respective filings required pursuant to Antitrust Laws, with respect to the Transactions within twenty (20) Business Days from the date of this Agreement, unless otherwise extended by mutual agreement between TPI Parent and Buyer. From the date hereof until the Closing or the earlier termination of this Agreement pursuant to <u>Article XI</u>, Buyer Parent shall, Buyer shall and shall cause its respective Affiliates to, TPI Parent shall, and shall cause the Debtor Seller Parties to, each Non-Debtor Seller Party shall, and the India Seller shall, use commercially reasonable efforts to resolve as soon as reasonably practicable any inquiry or investigation by any Government Authority relating to the Transactions under any Antitrust Law. No Party shall withdraw any filing required by Antitrust Law, enter into any agreements to extend any waiting period under any Antitrust Law or enter into any agreements to delay or not to consummate the Transactions without the prior written consent of Buyer (in the case of the Sellers) or TPI Parent (in the case of Buyer). All filing fees under any Antitrust Laws shall be borne by Buyer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) From the date hereof until the Closing or the earlier termination of this Agreement pursuant to <u>Article XI</u>, Buyer shall, and shall cause its respective Affiliates to, TPI Parent shall, and shall cause the Debtor Seller Parties to, each Non-Debtor Seller Party shall, and the India Seller shall use commercially reasonable efforts to pursue any or all reasonable actions to the extent necessary to eliminate each and every impediment under any Antitrust Law that may be asserted by any Government Authority or any other Person in opposition to the consummation of any of the Transactions, so as to enable the Parties to consummate the Transactions as soon as reasonably practicable, but in any event, prior to the Outside Date. Notwithstanding anything to the contrary in this Agreement, the Parties acknowledge and agree that neither Buyer, nor the Sellers, nor any of the respective Affiliates of any of the foregoing, shall be obligated to (and, without Buyer's prior written consent, the Sellers shall not agree to do any of the following in pursuit of or in satisfaction of a condition for any approval from a Government Authority), and the covenants set forth in this <u>Section</u> <u>6.04</u> will in no event require, or be construed to require, Buyer, the Sellers, or any of the respective Affiliates of any of the foregoing to (i) enter into any settlement, undertaking, consent decree, stipulation or Contract with any Government Authority, (ii) litigate, defend, challenge or take any action with respect to any Action by any Person, including any Government Authority (including taking any steps or actions to defend against, vacate, modify or suspend any injunction or Order, including any injunction related to a private cause of action that would prevent consummation of the transactions contemplated by this Agreement or any other Transaction Agreement), (iii) agree, propose, negotiate, offer, effect or commit, by consent decree, hold separate order or otherwise (including by establishing a trust), to sell, divest, license, lease, dispose of, transfer, encumber or otherwise restrict any of the Transferred Assets or any of the Sellers', Buyer's, or any of their or its Affiliates' assets or business operations, product or service lines, assets or properties, or any rights in any of the foregoing, (iv) terminate or modify existing relationships, contractual rights or obligations of the affected party

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or any of its respective Affiliates, including by committing to the payment of any fee, penalty or other consideration or making any concession, waiver or amendment under any Contract, (v) take or commit to take actions that would limit the affected party's or any of its Affiliates' freedom of action with respect to, or its ability to retain or exercise rights of ownership or control with respect to, one or more of any of their businesses, operations, product or service lines, assets or properties, or any rights in any of the foregoing, (vi) cease to conduct any business in any jurisdiction or (vii) agree to do any of the foregoing, in each case, in connection with the Transactions (any of the actions described in this proviso, a "**Burdensome Condition**"). Notwithstanding the foregoing sentence, at the written request of Buyer, the Sellers shall agree to take any of the actions described in the previous sentence to the extent any such action is conditioned upon the occurrence of the Closing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Buyer shall promptly notify TPI Parent, and each Seller shall promptly notify Buyer of any substantive oral or written communication it or any of its Representatives receives from any Government Authority relating to the matters that are the subject of this <u>Section</u> <u>6.04</u>, permit the applicable Parties and their respective Representatives to review in advance any communication relating to the matters that are the subject of this <u>Section</u> <u>6.04</u> proposed to be made by such Party to any Government Authority and provide the applicable Parties with copies of all substantive correspondence, filings or other communications between them or any of their Representatives, on the one hand, and any Government Authority or members of its staff, on the other hand, relating to the matters that are the subject of this <u>Section</u> <u>6.04</u>, <u>provided</u>, <u>however</u>, that materials proposed to be submitted in response to any such Government Authority communication may be redacted: (i) to remove references concerning the valuation of the Business; (ii) as necessary to comply with Contractual arrangements, applicable Law or by Order of the Bankruptcy Court; and (iii) as necessary to address reasonable attorney-client or other privilege or confidentiality concerns. No Party shall agree to participate in any meeting or substantive discussion (including by phone) with any Government Authority in respect of any such filings, investigation or other inquiry unless it consults with Buyer (in the case of the Sellers) or TPI Parent (in the case of the Buyer) in advance and, to the extent permitted by such Government Authority, gives the applicable Parties the opportunity to attend and participate at such meeting or discussion (including by phone). Subject to the Confidentiality Agreement, the Parties shall use reasonable best efforts to coordinate and cooperate fully with each other in exchanging such information and providing such assistance as Buyer (in the case of the Sellers) or each Seller (in the case of the Buyer) may reasonably request in connection with the foregoing and in seeking early termination of any applicable waiting periods. Buyer shall, in reasonable consultation with TPI Parent, control and direct the process by which the Parties seek to avoid or eliminate impediments under any Antitrust Law or any other competition, trade regulation or foreign investment regulation Law, including by directing the strategy and making final determinations related to the review or investigation of the Transactions by any Government Authority. Nothing in this <u>Section</u> <u>6.04(d)</u> shall be applicable to Tax matters.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Subject to <u>Section</u> <u>6.04(c)</u>, from the date hereof until the Outside Date, each of Buyer Parent and Buyer shall not, and shall not permit any of its Affiliates to, enter into or consummate any material acquisition transaction or grant any material license of material assets, in each case, outside the ordinary course of business, that would be reasonably likely to have a material and adverse effect on the receipt of the Government Approvals required for the consummation of the Transactions; provided, that nothing in this Section shall restrict: (i)

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acquisitions or investments that are immaterial, (ii) acquisitions or investments unrelated to the Business, (iii) licenses granted in the ordinary course of business, (iv) any actions that do not require a filing, approval, or clearance from a Government Authority in connection with the Transactions, or (v) the consummation of any transaction contemplated by any Contract entered into on or prior to the Agreement Date. Actions or agreements required of Buyer Parent, Buyer or Sellers pursuant to this <u>Section</u> <u>6.04</u> shall under no circumstances be considered a Material Adverse Effect.

Section 6.05. <u>Third Party Consents</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Each Party agrees to cooperate and use commercially reasonable efforts to obtain any other consents, authorization, approvals or waiver from, or provide notice to, any third Person (other than a Government Authority) that may be required in connection with any Transaction (the "**Third Party Consents**"), including in connection with the assignment, transfer, or novation to Buyer of any Contract constituting a Transferred Asset (other than the Transferred Leases). Notwithstanding anything in this Agreement to the contrary, no Party or any of its Affiliates shall be required to compensate any third party, commence or participate in any Action or offer or grant any accommodation (financial or otherwise, including any accommodation or arrangement to remain primarily, secondarily or contingently liable for any Assumed Liability) to any third party to obtain any such Third Party Consent. Without limiting the generality of the foregoing, Sellers shall, and Buyer shall, cooperate in good faith to (a) prepare and submit any documentation or information reasonably required to effect such assignment or novation, (b) negotiate in good faith with any such counterparty regarding the terms and conditions of any consent or novation agreement, and (c) execute and deliver any assignment agreements, novation agreements, or other instruments, in each case, in form and substance reasonably acceptable to Sellers and Buyer, reasonably necessary to effectuate the assignment or novation of such Contracts to Buyer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Without limiting the generality of the foregoing, the Sellers and Buyer shall cooperate in good faith to register the assignment, novation agreement, or new lease agreement for each Transferred Lease with the appropriate Government Authority (the "**Lease Registrations**"). Promptly after the Agreement Date, the Parties shall schedule a registration appointment with the appropriate Government Authority for the Lease Registrations (the "**Registration Appointment**"), and Sellers and Buyer shall use best efforts to schedule the Registration Appointment for a date within thirty (30) days after the Closing Date. Each of the applicable Sellers and Buyer shall attend or shall designate a Representative to attend on its behalf, the Registration Appointment, and shall execute and deliver such documents, instruments, and filings as may be required by the Government Authority to effectuate the Lease Registrations. In the event that the Government Authority requires the submission of additional documentation or information, the Parties shall promptly provide such materials and, if necessary, schedule a subsequent appointment to complete the Lease Registrations as promptly as reasonably practicable. The Parties shall cooperate in good faith to effectuate the Lease Registrations in the most efficient tax manner concerning stamp duties or similar fees, taxes, or charges applicable to the Lease Transfer Agreements.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) For the avoidance of doubt, no representation, warranty or covenant of the Sellers contained in any Transaction Agreement shall be breached or deemed breached, and no condition shall be deemed not satisfied, solely based on (a) the failure in and of itself to obtain any Third Party Consents (unless such Third Party Consent is required to be delivered at Closing pursuant to <u>Section</u> <u>10.02(d)</u>) or (b) any Action commenced or threatened by or on behalf of any Person arising out of or relating to the failure to obtain any such Third Party Consents; <u>provided</u>, that nothing in this <u>Section</u> <u>6.05</u> shall (x) prevent a claim by Buyer that any act or omission of any Seller underlying such failure was a breach of this Agreement or (y) limit any Party's obligations to comply with its respective covenants herein, including to cooperate and utilize such Person's commercially reasonable efforts to obtain any such Third Party Consent. Without limiting the foregoing, Buyer shall not be required to agree to any amendment, modification, waiver or consent, or accept any term, condition or obligation, that would be materially adverse to Buyer or any of its Affiliates in order to obtain any Third Party Consent.

Section 6.06. <u>Termination of Vestas Purchase Agreement</u>. At the Closing, TPI Parent shall cause TPI APAC II, LLC ("**APAC II**") to, and Buyer shall take or cause to be taken all actions necessary to terminate prior to Closing (which termination shall include a mutual release of claims under) that certain Purchase Agreement, by and between TPI APAC II, LLC and Buyer Parent, dated December 21, 2018, and as amended by that certain First Amendment, dated February 26, 2020, that certain Second Amendment, dated June 30, 2020, that certain Third Amendment, dated December 26, 2023, that certain Fourth Amendment, dated December 16, 2024 (as amended, the "**Vestas India Purchase Agreement**"), and the related Parent Company Guarantee, by and between TPI Parent and Buyer Parent, dated as of August 13, 2024 (the "**Vestas India Guarantee**") in the form attached hereto as <u>Exhibit H</u>, the "**Termination and Release Agreement**".

<u>Section</u> <u>6.07.</u> <u>Cooperation</u>. During the Pre-Closing Period, (a) Buyer shall, and shall cause its respective Affiliates to, TPI Parent shall, and shall cause the Debtor Seller Parties to, each Non-Debtor Seller Party shall, and the India Seller shall (i<u>)</u> refrain from taking any actions that would reasonably be expected to impair, delay or impede the Closing and (ii) without limiting the foregoing or modifying the Parties' obligations pursuant to <u>Section</u> <u>6.04</u>, use commercially reasonable efforts to cause all Closing Conditions to be met as promptly as practicable and in any event on or before the Outside Date, and (b) each Seller shall keep Buyer, and Buyer shall keep TPI Parent reasonably apprised of the status of the matters relating to the completion of the Transactions, including with respect to the negotiations relating to the satisfaction of the Closing Conditions of such other Party.

Section 6.08. <u>Bulk Transfer Laws</u>. The Sellers and the Debtor Seller Parties will not comply with the provisions of any bulk transfer Laws or similar Laws (including under any Laws related to Taxes) of any jurisdiction in connection with the Transactions and Buyer hereby waives all claims related to the noncompliance therewith.

Section 6.09. <u>Employee Matters</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Employment of Covered Indian Employees and Covered Employees</u>. Buyer shall make a written offer of employment to all Covered Indian Employees and Covered Employees (including those who are on temporary furlough, leave of absence or disability if such status is disclosed on <u>Section</u> <u>4.14(b)</u> of the Disclosure Schedules) as soon as reasonably practicable after the date hereof, with such employment to commence immediately following (and

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subject to the Closing). Between such offer and the Closing, Buyer shall, and the India Seller or Global SSC, as applicable, shall execute the Employee Transfer Agreement set forth on <u>Exhibit F</u> with each Covered Indian Employee or Covered Employee who accepts the offer to commence employment with the Buyer immediately following (and subject to) the Closing (for purposes of this <u>Section</u> <u>6.09</u>, any Covered Indian Employee or Covered Employee who becomes employed by the Buyer in accordance with this <u>Section</u> <u>6.09(a)</u> is referred to as a "**Transferred Employee**"). Effective as of the Closing, the existing employment agreement executed by such Transferred Employee with India Seller or Global SSC, as applicable, shall stand terminated, and such Transferred Employee will be governed by the Employee Transfer Agreement and any separate employment agreement executed by such Transferred Employee and the Buyer. Furthermore, such Transferred Employees shall stand transferred to the rolls of the Buyer from and with effect at Closing. Each employment agreement entered into between the Buyer and a Transferred Employee shall contain terms and conditions of employment no less favorable in the aggregate than the terms and conditions of employment provided by the India Seller or Global SSC, as applicable, immediately prior to the Closing Date with respect to such Transferred Employee (including salary, bonus and non-equity incentive compensation, benefits, location and other terms of employment).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Solely to the extent required under applicable Law to ensure continuity of service of the Transferred Employees (and without expanding or superseding Buyer's obligations set forth elsewhere in this Agreement), Buyer shall (i) provide the Transferred Employees with continuity of service benefits without interruption of service or an intervening period from the end of the respective Transferred Employee's employment with the India Seller or Global SSC, (ii) for the purpose of computing gratuity, following the Closing, recognize the past service of the Transferred Employees and shall, when due, assume and discharge such accrued gratuity Liabilities associated with such employees under Law and (iii) recognize the accrued but unused annual leave (privilege leave) entitlement, if any, of the Transferred Employees as of the Closing in connection with their employment with the India Seller or Global SSC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) If any Transferred Employee requires a visa, work permit or other approval for his or her employment to commence with, transfer to or continue with the Buyer or its applicable Affiliate after the Closing Date, the Buyer will, or will cause its applicable Affiliate to, promptly file any necessary applications or documents and will use commercially reasonable efforts to take such actions applicable to secure the necessary visa, permit or other approval (including any transfer thereof) following the Closing Date and the transfer of any related immigration processes (including labor certifications) to the Buyer or its applicable Affiliate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Employees and Employee Plans</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <u>Liabilities</u>. Effective as of the Closing with respect to all Transferred Employees who are Transferred Employees as of the Closing Date in accordance with <u>Section</u> <u>6.09(a)</u> or as of the Post-Closing Employment Transfer Date with respect to all other Transferred Employees, Buyer shall, or shall cause an Affiliate to, assume or retain, as the case may be, any and all Liabilities (contingent or otherwise) relating to, arising out of, or resulting from the employment or services, or termination of employment or services, of any Transferred Employee, including, without limitation, all Liabilities related to recruitment, hiring, employment, engagement, compensation, incentive compensation, bonuses, benefits, workplace practices, labor

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relations, occupational health and safety, termination post-employment obligations, accrued and unused vacation, sick days and paid time off and any workers' compensation claims, irrespective of whether such Liabilities arise prior to, on or after the Closing, including for purposes of clarity any Liabilities related to any Assumed Employee Plans, but, in each case, other than any Non-Ordinary Course Employment Liabilities, which such Non-Ordinary Course Employment Liabilities shall be retained by the Sellers. For the avoidance of doubt, the Buyer and its Affiliates shall not assume any Liabilities relating to, arising out of or resulting from, and Sellers and the Debtor Seller Parties shall retain (A) all Liabilities (contingent or otherwise and including any severance) relating to, arising out of, or resulting from the employment or services, or termination of employment or services, of any Covered Indian Employee, Covered Employee or any other employee, independent contractor or consultant of any Seller or any Debtor Seller Party, in each case, who does not become a Transferred Employee, irrespective of whether such Liabilities arise prior to, on or after the Closing and (B) all Non-Ordinary Course Employment Liabilities with respect to any Covered Indian Employee, Covered Employee or any other employee, independent contractor or consultant of any Seller or any Debtor Seller Party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) <u>Employee Plans</u>. Effective as of the Closing, Buyer shall, or shall cause an Affiliate to, assume each Assumed Employee Plan. Sellers shall retain each Employee Plan that is not an Assumed Employee Plan and any Liabilities arising under such retained Employee Plans shall be Excluded Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Notwithstanding anything in this Agreement to the contrary, in no event shall Buyer assume or be responsible for any Non-Ordinary Course Employment Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>Transferred Employees – Additional Employment Terms</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <u>Terms and Conditions of Employment</u>. For a period of at least six (6) months (or for such longer period as may be required by applicable Law), following the Closing Date, each Transferred Employee shall be entitled to receive, while in the employ of Buyer or its Affiliates, salary, bonus, and non-equity incentive compensation, employee benefits (including defined benefit pension plans) and other terms and conditions of employment no less favorable in the aggregate than as were provided to such employee immediately prior to the Closing Date by the Sellers or Debtor Seller Parties, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) <u>Credit for Service</u>. Buyer shall, and shall cause its Affiliates to, credit in all material respects Transferred Employees for service earned on and prior to the Closing Date with the Sellers and any of their Affiliates or predecessors, in addition to service earned with Buyer and its Affiliates on or after the Closing Date, (i) to the extent that service is relevant for purposes of eligibility, vesting, paid-leave entitlement or, for severance (including tenure-based benefits such as gratuity) and vacation benefits only, the calculation of benefits under any employee benefit plan, program or arrangement of Buyer or any of its Affiliates for the benefit of the Transferred Employees on or after the Closing Date and (ii) for such additional purposes as may be required by applicable Law; <u>provided</u>, <u>however</u>, that nothing herein shall result in a duplication of benefits with respect to the Transferred Employees.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) <u>Pre-existing</u> <u>Conditions</u><u>;</u> <u>Coordination</u>. Buyer shall, and shall cause its Affiliates to use commercially reasonable efforts to, waive any pre-existing condition or actively at work limitations, evidence of insurability and waiting periods for the Transferred Employees and their eligible spouses and dependents under any employee benefit plan, program or arrangement of Buyer or any of its Affiliates for the benefit of the Transferred Employees on or after the Closing Date. Buyer shall, and shall cause its Affiliates to, credit in all material respects for purposes of determining and satisfying annual deductibles, co-insurance, co-pays, out-of-pocket limits and other applicable limits under the comparable health plans and arrangements offered to Transferred Employees, deductibles, co-insurance, co-pays and out-of-pocket expenses paid by Transferred Employees and their respective spouses and dependents under the health plans of the Sellers or any of their Affiliates in the calendar year in which the Closing Date occurs.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <u>No Third-Party Beneficiaries</u>. Notwithstanding the provisions of this <u>Section</u> <u>6.09</u> or any provision of the Agreement, nothing in this <u>Section</u> <u>6.09</u> or the Agreement is intended to and shall not (i) create any third party rights, (ii) amend any employee benefit plan, program, policy or arrangement, (iii) require Buyer or any of its Affiliates or the Sellers or any of their Affiliates to continue any employee benefit plan, program, policy or arrangement beyond the time when it otherwise lawfully could be terminated or modified or as otherwise required herein or (iv) provide any Transferred Employee with any rights to continued employment.

Section 6.10. <u>No Successor Liability</u>. The Parties intend that, to the fullest extent permitted by Law (including under section 363(f) of the Bankruptcy Code), upon the Closing, Buyer shall not be deemed to: (a) be the successor of any Seller or any Debtor Seller Party, including with respect to any Employee Plans (except for any Assumed Employee Plans), (b) have, de facto or otherwise, merged with or into any Seller or any Debtor Seller Party, (c) be a mere continuation or substantial continuation of any Seller or Debtor Seller Party, or (d) be liable for any acts or omissions of any Seller or any Debtor Seller Party in the conduct of the Business or arising under, or related to, the Transferred Assets, other than as expressly set forth in this Agreement. The Parties acknowledge and agree that the Transaction was subject to arm's-length negotiating by Buyer and the Sellers (including TPI Parent on behalf of the Debtor Seller Parties). Without limiting the generality of the foregoing, and except as otherwise provided in this Agreement, the Parties acknowledge and agree that Buyer and Buyer's Affiliates (y) shall not be liable for any Liability or Lien (other than Assumed Liabilities) against any Seller or any Debtor Seller Party or any of their predecessors or Affiliates, and (z) shall have no successor or vicarious Liability of any kind or character whether known or unknown as of the Closing Date, whether now existing or hereafter arising, or whether fixed or contingent, with respect to the Business, the Transferred Assets, any Excluded Liabilities or any other Liabilities, in each case, of any Seller or any Debtor Seller Party arising prior to the Closing Date. The Parties agree that provisions regarding TPI Parent and the Debtor Seller Parties substantially in the form of this <u>Section</u> <u>6.10</u> shall be reflected in the Sale Order.

Section 6.11. <u>Business Transfer Agreement</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Regulatory and Conveyance Purpose Only</u>. At the Closing, the India Seller and Buyer shall execute and deliver the Business Transfer Agreement, pursuant to which the India Seller shall transfer, and Buyer shall acquire, the Transferred IN Assets and assume the applicable Assumed Liabilities. The Parties acknowledge and agree that the Business Transfer Agreement is intended to be a valid, binding, and enforceable agreement for purposes of effecting a slump sale under the Indian Income Tax Act and applicable Law of India ("**Slump Sale Treatment**") and may be enforced by the Parties in accordance with its terms but is not intended to, and shall not be deemed to, modify, supplement, expand, or independently give rise to any economic, commercial, or substantive obligations of the Parties beyond those expressly set forth in this Agreement.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>No Duplication of Rights or Obligations</u>. The Parties acknowledge and agree that any provisions of the Business Transfer Agreement that reference consideration, purchase price, payments, liabilities, covenants, representations, warranties, or other obligations relating to the Transactions are included to reflect, evidence, or give local legal effect to the corresponding obligations arising under this Agreement (including Slump Sale Treatment), and shall not be construed as creating any additional, separate, duplicative, or incremental rights or obligations of any Party. No Party shall be required to perform, satisfy, or discharge any obligation more than once by reason of the existence of both this Agreement and the Business Transfer Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Primacy of This Agreement</u>. In the event of any inconsistency, conflict, ambiguity, or divergence between the provisions of the Business Transfer Agreement and this Agreement, whether arising at or after the Closing, the provisions of this Agreement shall prevail and control; provided, that if at any time any provision of the Business Transfer Agreement is determined, asserted, or reasonably alleged to be inconsistent with this Agreement or to impair the implementation or enforcement of the Transactions as contemplated hereby, the Parties shall cooperate in good faith and take all actions reasonably necessary or advisable to eliminate such inconsistency or impairment, including by amending, restating, supplementing, re-executing, or replacing the Business Transfer Agreement (or entering into any additional instruments), in each case in a manner that preserves compliance with applicable Law and Slump Sale Treatment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>No Breach Claims</u>. Without limiting the rights and obligations of the Parties hereunder, each Party shall not, and shall cause its Affiliates not to, bring any claim (including for breach of any warranty, representation, undertaking, or covenant relating to the Transactions) against the other Party or any of its Affiliates under the terms of the Business Transfer Agreement, except to the extent otherwise necessary to enforce the rights and obligations of the Parties hereunder, or to give effect to the rights and obligations of the Parties hereunder, including any transfer of the Transferred IN Assets or the assumption of the applicable Assumed Liabilities sold or assigned to Buyer hereunder in a manner consistent with the terms of this Agreement (the "**Enforcement Exceptions**"). All such claims (except with respect to the Enforcement Exceptions) shall be brought in accordance with, and be subject to the provisions, rights and limitations set out in this Agreement and, except with respect to the Enforcement Exceptions, no Party shall be entitled to recover damages or obtain payment, reimbursement, restitution or indemnity under or pursuant to the Business Transfer Agreement as an independent source of liability (but without prejudice to any claim hereunder).

Section 6.12. <u>Guarantees; Other Obligations</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) During the term of the TSA, Buyer shall use commercially reasonable efforts to negotiate with the counterparties under the Transferred Leases for the reduction of the Leased Real Property Deposits and the release of any Leased Real Property Deposits in excess of the Adjusted Security Deposit Gross-Up Amount; provided, however, that Buyer shall not be obligated to enter into any amendment to any Transferred Lease on terms that are less favorable

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than those contained in any existing Transferred Lease, or that are otherwise not reasonably acceptable to Buyer. If, during such period, any portion of the Leased Real Property Deposits in excess of the Adjusted Security Deposit Gross-Up Amount is released to Buyer, Buyer shall remit to TPI Parent 50% of such excess and shall retain the remainder of such excess released Leased Real Property Deposits, <u>provided</u> that, in no event shall Buyer be required to remit an amount greater than the amount of the Leased Real Property Deposits <u>minus</u> the Adjusted Security Deposit Gross-Up Amount.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Buyer shall not be obligated to enter into any agreement, arrangement or commitment, with respect to any Lease or amendment thereto, with any Person on terms that are less favorable than those contained in an existing Lease.

**ARTICLE VII** 

**POST-CLOSING COVENANTS** 

Section 7.01. <u>Access</u>. From and after the Closing Date, subject to any limitations imposed by the Bankruptcy Code or the Bankruptcy Court (if applicable), in connection with any reasonable business purpose, including the preparation or amendment of Tax Returns, claims or obligations relating to Excluded Liabilities, financial statements, or the determination of any matter relating to the rights or obligations of the Sellers or any of their Affiliates under any Transaction Agreement, or as is necessary to administer, or satisfy their obligations in connection with, the Bankruptcy Cases, upon reasonable prior written notice to Buyer, and except to the extent necessary to (a) ensure compliance with any applicable Law (including Data Protection Obligations) or an Order of the Bankruptcy Court, (b) preserve any applicable privilege (including the attorney-client privilege) or (c) comply with any Contractual confidentiality obligations, Buyer shall, and shall cause its Affiliates and Representatives to (during normal business hours) (i) afford the Sellers and their Representatives and their respective Affiliates reasonable access, during normal business hours, to the properties, books and records of Buyer and its Affiliates in respect of the Business, the Transferred Assets and the Assumed Liabilities, (ii) furnish to the Sellers and their Representatives and their respective Affiliates such additional financial and other information regarding the Business, the Transferred Assets and the Assumed Liabilities as the Sellers or their Representatives may from time to time reasonably request and (iii) make available to the Sellers and their Representatives and their respective Affiliates those employees of Buyer or its Affiliates whose assistance, expertise, testimony, notes or recollections or presence to the extent required to assist TPI Parent, its Representatives or their respective Affiliates to administer the Bankruptcy Cases; <u>provided</u>, <u>however</u>, that such access shall not unreasonably interfere with the business or operations of the Business; and <u>provided</u>, <u>further</u>, that the auditors and accountants of Buyer or its Affiliates shall not be obligated to make any work papers available to any Person except in accordance with such auditors' and accountants' normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. Notwithstanding anything to the contrary herein, for the longer of (A) the period ending on the date that is six months from the Closing Date and (B) the period ending on the Wind-Up Date, the Sellers shall have continued access to all Transferred Books and Records to the extent required to administer the Bankruptcy Cases and the Sellers may retain copies of such Transferred Books and Records, as necessary or appropriate in connection with such purpose.

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Section 7.02. <u>Preservation of Books and Records</u>. The Sellers and their Affiliates shall have the right to retain copies of all books and records of the Business relating to periods ending on or before the Closing Date. Buyer agrees that it shall preserve and keep all original books and records in respect of the Business in the possession or control of Buyer or its Affiliates for the longer of the period ending on (a) any applicable statute of limitations and (b) a period of the earlier of (x) six (6) years from the Closing Date and (y) the Wind-Up Date. During such period, (i) Representatives of the Sellers and their Affiliates shall, upon reasonable notice and for any reasonable business purpose (including the purposes described in <u>Section</u> <u>7.01</u>), have access during normal business hours to examine, inspect and copy such books and records and (ii) Buyer shall provide to the Sellers and their Affiliates access to such original books and records of the Business as the Sellers or their Affiliates shall reasonably request. The Sellers or their Affiliates, as applicable, shall return such original books and records to Buyer or such Affiliate as soon as such books and records are no longer needed in connection with the circumstances described in the immediately preceding sentence. After such period, before Buyer or any Affiliate shall dispose of any of such books and records, Buyer shall give at least ninety (90) days' prior written notice to the Sellers of its intention to dispose such books and records, and the Sellers, and/or any of their Affiliates shall be given an opportunity, at their cost and expense, to remove and retain all or any part of such books and records as it or they may elect.

Section 7.03. <u>Further Assurances</u>. From time to time following the Closing the Parties shall, and shall cause their respective Affiliates to, execute, acknowledge and deliver all reasonable further conveyances, notices, assumptions, releases and acquittances and other documents or instruments, and shall take such reasonable actions as may be necessary or appropriate to make effective the Transactions as may be reasonably requested by the other Party; <u>provided</u>, <u>however</u>, that except for Buyer's obligations to discharge an Assumed Liability and as otherwise provided pursuant to <u>Section</u> <u>2.06</u>, nothing in this <u>Section</u> <u>7.03</u> shall require any Party or its Affiliates to pay money to, commence or participate in any Action with respect to, or offer or grant any accommodation (financial or otherwise) to, any third party following the Closing.

Section 7.04. <u>Wrong Pockets</u>. Following the Closing, if any Party becomes aware that (i) any Transferred Assets or Assumed Liabilities have not been transferred to Buyer or (ii) any assets or Liabilities not intended under the terms of this Agreement to be transferred to Buyer have been so transferred, such Seller will promptly notify Buyer, and Buyer will promptly notify the Sellers, and such applicable transferring Party shall transfer (or shall cause to be transferred) the relevant asset or liability to the applicable receiving Party, and the receiving Party shall accept such asset or liability, at no additional expense to the receiving Party. Pending such transfer or re-transfer, the Parties shall treat such asset or Liability in accordance with its proper characterization under this Agreement, and the receiving Party shall bear all costs, expenses and liabilities associated therewith. If the Sellers or Debtor Seller Parties own any Intellectual Property that should have been included in the Transferred Assets (including any Business Intellectual Property or Business Technology) or Transferred Contracts relating to Intellectual Property Related to the Business that was intended to be transferred hereunder but was not transferred due to operation of law or otherwise, the Sellers shall, and hereby do, (and TPI Parent hereby causes the Debtor Seller Parties to) assign and transfer all of its rights, title and interest in such Intellectual Property and Transferred Contracts to Buyer for no additional consideration.

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Section 7.05. <u>Transferred Employees</u>. For a period beginning on the Closing Date, and continuing for a period of three (3) months after the Closing Date, (i) Buyer and (ii) the India Seller or Global SSC, as applicable, agree to use commercially reasonable efforts to facilitate the issuance and execution of an Employee Transfer Agreement with any Covered Indian Employee or Covered Employee who has not accepted an offer from Buyer as of the Closing. For the avoidance of doubt, (i) any Covered Indian Employee or Covered Employee who subsequently becomes a Transferred Employee pursuant to this <u>Section</u> <u>7.05</u> shall from and after the effective date of transfer (the "**Post-Closing Employment Transfer Date**") be treated as a Transferred Employee for all purposes of this Agreement, (ii) Employee Transfer Agreements executed pursuant to this <u>Section</u> <u>7.05</u> shall provide terms and conditions of employment no less favorable than those provided to Covered Indian Employees and Covered Employees who became Transferred Employees pursuant to <u>Section</u> <u>6.09(a)</u>, and (iii) the India Seller, Global SSC and Buyer shall not have any obligation under this Agreement to facilitate or effect the transfer of any Covered Indian Employee or Covered Employee post expiration of three (3) months following the Closing Date.

Section 7.06. <u>Taxes</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) To the extent Buyer is required to withhold any Tax from the Purchase Price before payment to the India Seller as per the requirement of the Indian Income Tax Act, then the Buyer shall: (a) deposit such amount withheld with the Indian Taxing Authorities within the statutory due date and provide copies of proof of such deposit to the India Seller, within one (1) business day of deposit and receipt of proof of such deposit from the Indian Taxing Authorities; (b) undertake all applicable withholding Tax compliance requirements within the prescribed timelines under the Indian Income Tax Act, including filing of prescribed withholding Tax Return(s) and issuing a withholding Tax certificate to the India Seller to ensure the India Seller gets credit of Taxes withheld by the Buyer; and (c) save and except for the purposes of payment of stamp duty, registration fees or other similar Taxes or fees, the Parties shall not assign any individual values to the assets forming part of the Business of the India Seller or undertaking, and any determination of the value of an asset or liability for the sole purpose of payment of stamp duty, registration fees or other similar taxes shall not be regarded as assignment of values to individual assets or liability. Any such amounts withheld shall be treated for all purposes of this Agreement as having been paid by Buyer or any of its Affiliates to the recipient in respect of which such deduction and withholding was made.

Section 7.07. <u>IN GST Refund</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Following the Closing and in connection with the exportation of any IN GST Goods, Buyer shall: timely and accurately (i) apply for the applicable IN GST Refund in its capacity as the exporter of such IN GST Goods, in each case, in a manner consistent with the past practice of the Business and applicable Law; (ii) file or cause to be filed all GST returns, refund applications, declarations, statements, and supporting documentation under applicable GST Laws required to collect any applicable IN GST Refund with respect to such IN GST Goods in each case, in a manner consistent with the past practice of the Business and applicable Law; it being understood that Buyer shall be entitled to rely on its tax and accounting advisors in connection

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with the preparation and submission of such applications and the fulfillment of each of its other obligations under this <u>Section</u> <u>7.07(a)</u>; and (iii) take such commercially reasonable action as is reasonably necessary to enforce Buyer's rights to such IN GST Refund and address any administrative or governmental errors arising in connection therewith, in each case, in a manner consistent with the past practice of the Business and applicable Law; <u>provided</u>, that nothing in this <u>Section</u> <u>7.07</u> shall require Buyer or any of its Affiliates to file any litigation against any Person, including any Government Authority.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) If, and when, Buyer receives any IN GST Refund, Buyer shall promptly pay such amount to India Seller, subject to Buyer's recoupment and retention rights under <u>Section</u> <u>7.07(d)</u> (and in any event, within five (5) Business Days following receipt); provided, however, that if any Government Authority disputes, challenges, audits, inquires into or seeks recovery of all or any portion of any IN GST Refund, Buyer may withhold payment of such amount and any future IN GST Refund amounts it receives until such matter is resolved in writing. If such matter is not resolved, or is resolved only in part, in Buyer's favor, Buyer may offset, recoup and retain any IN GST Refund amounts so retained otherwise payable to India Seller, including future IN GST Refunds, unless and until Buyer receives written confirmation from the applicable Government Authority that the relevant IN GST Refunds (or such portion thereof) were properly paid and are not subject to further dispute, challenge, audit or inquiry.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Buyer shall export, or cause to be exported, all IN GST Goods no later than October 1, 2026 (the "**Export Outside Date**"). In the event that Buyer fails to export, or cause to be exported, any such IN GST Goods by the Export Outside Date (an "**Export Delay**"), and, by December 31, 2026, Buyer and/or Sellers do not collectively receive all or any portion of the IN GST Refund attributable to the IN GST Goods subject to such Export Delay (the "**Missing Refund Amount**"), Buyer shall, promptly following written notice thereof from India Seller or its Representatives (and in any event within five (5) Business Days of receipt of such notice), pay to India Seller an amount equal to the Missing Refund Amount (such payment, an "**IN GST Advance**"), in cash.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) If Buyer or Seller (or any Affiliate thereof) receives any portion of the IN GST Refund that is attributable to IN GST Goods in respect of which an IN GST Advance was paid by Buyer (each, a "**Recovered IN GST Amount**"), then (i) to the extent Buyer subsequently receives such Recovered IN GST Amount, Buyer may retain such Recovered IN GST Amount in full in recoupment of the payment by Buyer of such IN GST Advance, and (ii) to the extent India Seller (or any Affiliate thereof) receives such Recovered IN GST Amount, India Seller (or an Affiliate thereof) shall promptly (and in any event within five (5) Business Days of receipt thereof) pay to Buyer an amount equal to such Recovered IN GST Amount so received in recoupment of the payment by Buyer of such IN GST Advance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Buyer shall not be responsible for and no IN GST Advance shall be required to be paid by Buyer, to the extent any delay, reduction or failure in the receipt of the IN GST Refund arises from or is attributable to (in part or in whole): (i) any change in applicable Law (including any change by a Government Authority in interpretation, application or enforcement thereof), which would render the IN GST Refund not payable to Buyer (or India Seller), in whole or in part; (ii) any act, omission or failure by India Seller or any of its Affiliates (whether occurring prior to, at or following the Closing) that prohibits, delays or impedes the Buyer's ability to collect

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the IN GST Refund, including any failure to timely and accurately make any filings or submissions prior to Closing or provide information required, and reasonably requested in writing, by Buyer in connection with all or some portion of the collection of the IN GST Refund, (iii) any action, inaction, delay, backlog, audit, inquiry, review, verification, suspension or determination by any Government Authority, in each case to the extent not resulting from an Export Delay or Buyer's failure to comply with <u>Section</u> <u>7.07(a)</u>; or (iv) any Force Majeure Event to the extent such event made Buyer's performance of its obligations hereunder impossible (in which case, following written notice from Buyer to India Seller of such event, Buyer's obligations under <u>Section</u> <u>7.07(c)</u> shall be suspended until such event is resolved). Nothing in this <u>Section</u> <u>7.07(e)</u> modifies or limits Buyer's obligations to remit any or all of the IN GST Refund that it actually receives in accordance with and subject to the terms of <u>Section</u> <u>7.07(b)</u>.

Section 7.08. <u>D&O Insurance</u>. At or prior to the Effective Time, TPI Parent shall obtain a fully funded D&O Tail Policy, which D&O Tail Policy shall cover the directors and officers of India Seller and be in full force and effect as of the Effective Time. TPI Parent shall provide a copy of the D&O Tail Policy to Buyer within thirty (30) Business Days of the Effective Time.

**ARTICLE VIII** 

**BANKRUPTCY PROVISIONS** 

Section 8.01. <u>Bankruptcy Court Filings</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Buyer agrees that it will promptly take such actions as are reasonably requested by TPI Parent to assist in obtaining entry of the Sale Order and a finding of adequate assurance of future performance by Buyer, including furnishing affidavits or other documents or information for filing with the Bankruptcy Court for the purposes, among others, of providing necessary assurances of performance by Buyer under this Agreement and demonstrating that Buyer is a "good faith" purchaser under section 363(m) of the Bankruptcy Code. In the event the entry of the Sale Order shall be appealed, the Parties shall use their respective commercially reasonable efforts to defend against such appeal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) From and after the date of entry of the Sale Order and until the Closing Date, to the extent reasonably practicable, TPI Parent shall deliver to Buyer drafts of any material pleadings, motions or applications to be filed in the Bankruptcy Cases in connection with this Agreement or that would have a material impact on the Debtor Seller Parties' ability to operate the Business consistent with the terms of this Agreement, in each case, for Buyer's prior review and comment at least two (2) Business Days prior to the filing or submission thereof (provided if it is not practicable to deliver the same within two (2) Business Days of the filing date, as soon as practicable thereafter).

**ARTICLE IX** 

**TAX MATTERS** 

Section 9.01. <u>India Taxes</u>. Notwithstanding anything to the contrary in this Agreement, the Buyer and the India Seller shall duly file all the applicable Indian Tax Returns required to be filed by it within the statutory due date which shall include reporting the transfer of Transferred IN Assets under this Agreement as slump sale under the Indian Income Tax Act and confirm in writing to the other that such return has been filed within five (5) Business Days of the filing of the Tax Return.

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Section 9.02. <u>Transfer Taxes</u>. Notwithstanding anything to the contrary in this Agreement, to the extent not exempt under the Sale Order or section 1146 of the Bankruptcy Code, (a) where Buyer is liable under applicable Law to pay any Transfer Tax, Buyer shall promptly pay and discharge any Transfer Tax, and (b) where any Seller (or Debtor Seller Party) is liable under applicable Law to pay any Transfer Tax, Buyer shall pay the amount of such Transfer Tax to such Seller (or Debtor Seller Party) and shall indemnify, defend and hold harmless such Seller or any of its Affiliates or Representatives from and against an amount equal to any such Transfer Taxes. The Party required by Law to file a Tax Return with respect to any Transfer Tax shall, with the cooperation of the other Party, timely prepare and file such Tax Return. If any Seller (or Debtor Seller Party) or any of its Affiliates is required by Law to pay any Transfer Tax, Buyer shall within five (5) days of receipt of evidence of filing, reimburse such Seller (or Debtor Seller Party) for any such Transfer Taxes paid by the Seller or such Affiliate in connection with the filing of the applicable Tax Return. The Parties agree to timely sign and deliver (or to cause their respective Affiliates to timely sign and deliver) such certificates or forms as may be necessary or appropriate and to otherwise cooperate to establish any available exemption from (or otherwise reduce) any Transfer Tax (it being understood that such cooperation obligations under this <u>Section</u> <u>9.02</u> shall cease as of the Wind-Up Date). No sums payable, or consideration given, by Buyer under this Agreement should be reduced by the amount of any Transfer Tax. All refunds or credits of VAT paid by Buyer under this provision shall belong to Buyer, and any Seller (or Debtor Seller Party) receiving any such amounts shall promptly pay over such amounts to Buyer. To the extent Buyer and any Seller (or Debtor Seller Party) mutually agree prior to the Closing that such items are required by applicable Law (or otherwise necessary or advisable) to be delivered by such Seller (or Debtor Seller Party) or by Buyer, all required Transfer Tax stamps and transfer forms (if any) shall be delivered on or before the Closing Date, unless under applicable Law such Transfer Tax stamps or duly stamped transfer forms are only available post-Closing (in which case such Transfer Tax stamps or duly stamped transfer forms shall be delivered to such Seller (or Debtor Seller Party) or Buyer (as applicable) promptly and in any event no later than five (5) Business Days after receipt thereof by such Seller (or Debtor Seller Party) or Buyer (as applicable)).

Section 9.03. <u>Tax Adjustments</u>. In the case of any real property Taxes, personal property Taxes and other ad valorem Taxes that are payable with respect to any taxable period beginning before and ending on or after the Closing Date (a "**Straddle Period**"), for purposes of determining whether and to what extent such Taxes are allocable to a Pre-Closing Tax Period or Post-Closing Tax Period, Taxes (other than Transfer Taxes) imposed upon or assessed directly against the Transferred Assets will be apportioned and prorated between the Sellers and Buyer as of the Closing Date, and Buyer shall bear its proportionate share of such Taxes (which shall be equal to the product obtained by multiplying (a) a fraction, the numerator being the number of days in the Straddle Period following the Closing Date and the denominator being the total number of days in the Straddle Period, multiplied by (b) the amount of such Taxes), and the Sellers shall bear the remaining portion of such Taxes. The Buyer and each Seller, as applicable, shall cooperate to promptly reimburse the other for any such Taxes based on their respective liability for such Taxes as determined pursuant to this <u>Section</u> <u>9.03</u>.

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Section 9.04. <u>Tax Cooperation</u>. Without limiting the obligations set forth in <u>Section</u> <u>6.02</u> and <u>Section</u> <u>7.01</u>, the Parties shall use commercially reasonable efforts to furnish or cause to be furnished to each other, upon request, and at the sole cost of the requesting Party, as promptly as practicable, such information and assistance relating to the Transferred Assets as is reasonably necessary for the filing of Tax Returns and the preparation for, or the prosecution or defense of, any audit, claim, demand, proposed adjustment or deficiency relating to Taxes, and any other matter or proceeding relating to Taxes (it being understood that such cooperation obligations under this <u>Section</u> <u>9.04</u> shall cease as of the Wind-Up Date).

Section 9.05. <u>Other Tax Matters</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) In connection with the matters disclosed under <u>Section</u> <u>4.16(b)</u> of the Disclosure Schedules (each, a "**Tax Contest**"), the applicable Seller shall (i) control each Tax Contest diligently and in good faith, and (ii) provide Buyer with the opportunity to consult with such Seller upon request from time to time regarding such Tax Contest and promptly provide Buyer with reasonable access to written materials received by such Seller from any Government Authority in connection with such Tax Contest. The applicable Seller shall timely pay any Taxes due and payable in connection with each Tax Contest to the applicable Government Authority and provide the Buyer with (i) a copy of the Tax Return filed or the agreement entered into, if applicable, with the applicable Government Authority in connection with such Tax Contest and (ii) an original or certified copy of a receipt evidencing such timely payment to the applicable Government Authority, within ten (10) Business Days after payment of such Taxes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) To the extent that the India Seller is required to pay income Tax under the Indian Income Tax Act in connection with the Purchase Price received by the India Seller pursuant to the Transactions, the India Seller shall duly pay the applicable income tax due by the India Seller within the statutory due date. Upon a request from the Buyer, the India Seller shall, within fifteen (15) Business Days following the date of such request, provide confirmation that the applicable income Tax under the Indian Income Tax Act has been paid.

Section 9.06. <u>Survival</u>. Except as otherwise provided under <u>Section</u> <u>9.02</u> and <u>Section</u> <u>9.04</u> with respect to cooperation, the covenants and agreements set forth in this <u>Article IX</u> with respect to Taxes shall survive until such covenants and agreements are fully performed.

**ARTICLE X** 

**CONDITIONS TO CLOSING** 

Section 10.01. <u>Conditions to Obligations of</u> <u>the Sellers</u>. The obligations of the Sellers to consummate the Transactions, shall be subject to the satisfaction or (to the extent permitted by applicable Law) written waiver by TPI Parent in its sole discretion, at or before the Closing, of each of the following conditions, except where the failure to satisfy any such condition is the result of a failure by the Sellers to comply with this Agreement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Representations and Warranties; Covenants</u>.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the representations and warranties of Buyer contained in <u>Section</u> <u>5.01</u> (Formation and Authority of the Buyer; Enforceability) and <u>Section</u> <u>5.06</u> (Brokers) shall be true and correct in all but *de minimis* respects on and as of the Closing Date, with the same force and effect as though such representations and warranties had been made on and as of the Closing Date (except to the extent that any such representation or warranty is expressly made as of a specified date, in which case it shall be true and correct in all but *de minimis* respects as of such specified date);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the representations and warranties of Buyer contained in <u>Section</u> <u>5.02(a)</u> and <u>Section</u> <u>5.02(b)</u> (No Conflicts) shall be true and correct in all material respects on as of the Closing Date, with the same force and effect as though such representations and warranties had been made on and as of the Closing Date (except to the extent that any such representation or warranty is expressly made as of a specified date, in which case it shall be true and correct in all material respects as of such specified date);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) all other representations and warranties of Buyer contained in <u>Article V</u> shall be true and correct on and as of the Closing as if made on the Closing Date (other than representations and warranties that are made as of a specific date, which representations and warranties shall have been true and correct as of such date), except for breaches or inaccuracies, as the case may be, as to matters that, individually or in the aggregate, would not reasonably be expected to have a material adverse effect on Buyer or materially impair or delay the ability of Buyer to consummate the Transactions or otherwise timely perform its obligations under the Transaction Agreements; provided, however, that for purposes of determining the satisfaction of the condition in this <u>clause (iii)</u>, no effect shall be given to any qualifier of "material" or "material adverse effect" in such representations and warranties;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) the covenants contained in this Agreement required to be performed or complied with by Buyer at or before the Closing shall have been performed or complied with in all material respects; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) the Sellers shall have received a certificate signed by an authorized officer of Buyer, dated as of the Closing Date, certifying as to the satisfaction of the matters set forth in the foregoing <u>clauses (</u><u>i</u><u>)</u> through <u>(iv)</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Government Approvals</u>. All Required Approvals and all Other Required Approvals shall have been issued or obtained or, if applicable, all applicable waiting periods shall have expired, been waived by the applicable Government Authority or have been terminated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>No Order</u>. No Law or Order shall have been issued, enacted or entered into by a court of competent jurisdiction or other Government Authority and no judgment, injunction, or decree preventing the consummation of the Transactions shall be in effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Buyer Transaction Agreements</u>. Buyer shall have executed and delivered to the Sellers all Buyer Transaction Agreements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>Termination and Release Agreement</u>. Buyer Parent shall have executed and delivered to TPI Parent, the Termination and Release Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <u>Sale Order</u>. The Bankruptcy Court shall have entered the Sale Order and such Sale Order shall not be subject to any stay.

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Section 10.02. <u>Conditions to Obligations of Buyer</u>. The obligations of Buyer to consummate the Transactions shall be subject to the satisfaction or written waiver (to the extent permitted by applicable Law) by Buyer in its sole discretion, at or before the Closing, of each of the following conditions except where the failure to satisfy any such condition is the result of a failure by the Buyer to comply with this Agreement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Representations and Warranties; Covenants</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the representations and warranties of the Sellers contained in <u>Section</u> <u>4.01</u> (Formation and Authority of the Sellers; Enforceability), <u>Section</u> <u>4.07</u> (Brokers) and <u>Section</u> <u>4.08(a)</u> (Title) shall be true and correct in all but *de minimis* respects on and as of the Closing Date, with the same force and effect as though such representations and warranties had been made on and as of the Closing Date (except to the extent that any such representation or warranty is expressly made as of a specified date, in which case it shall be true and correct in all but *de minimis* respects as of such specified date);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the representations and warranties of the Sellers contained in <u>Section</u> <u>4.02(a)</u> and <u>Section</u> <u>4.02(b)</u> (No Conflicts) shall be true and correct in all material respects on and as of the Closing Date, with the same force and effect as though such representations and warranties had been made on and as of the Closing Date (except to the extent that any such representation or warranty is expressly made as of a specified date, in which case it shall be true and correct in all material respects as of such specified date);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) all other representations and warranties of the Sellers contained in <u>Article IV</u> shall be true and correct on and as of the Closing as if made on the Closing Date (other than representations and warranties that are made as of a specific date, which representations and warranties shall have been true and correct as of such date), except for breaches or inaccuracies, as the case may be, as to matters that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect; <u>provided</u>, <u>however</u>, that for purposes of determining the satisfaction of the condition in this <u>clause (iii)</u>, no effect shall be given to any qualifier of "material" or "Material Adverse Effect" in such representations and warranties;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) the covenants contained in this Agreement required to be performed or complied with by the Sellers at or before the Closing shall have been performed or complied with in all material respects; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Buyer shall have received certificates signed by an authorized officer of each Seller, dated as of the Closing Date, certifying as to the satisfaction of matters set forth in the foregoing <u>clauses (</u><u>i</u><u>)</u> through <u>(iv</u>).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Government Approvals</u>. All Required Approvals and all Other Required Approvals shall have been issued or obtained or, if applicable, all applicable waiting periods shall have expired, been waived by the applicable Government Authority or have been terminated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>No Order</u>. No Law or Order shall have been issued, enacted or entered into by a court of competent jurisdiction or other Government Authority and no judgment, injunction, or decree preventing the consummation of the Transactions shall be in effect.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Seller Transaction Agreements</u>. Each Seller shall have executed and delivered, or caused to be executed and delivered, to Buyer all agreements, documents and instruments set forth in <u>Section</u> <u>3.03(a)</u> and all Seller Transaction Agreements to which it is a party duly executed by such Seller and any other party (other than Buyer) party thereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>Sale Order</u>. The Bankruptcy Court shall have entered the Sale Order and such Sale Order shall not be subject to any stay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <u>No Material Adverse Effect</u>. There shall not have occurred a Material Adverse Effect since the date hereof.

Section 10.03. <u>Frustration of Closing Conditions</u>. No Party may rely on the failure of any condition set forth in this <u>Article X</u> to be satisfied if such failure was caused by such Party's failure to act in good faith, to use commercially reasonable efforts to cause the Closing Conditions of each such other Party to be satisfied, or to satisfy its obligations set forth in <u>Section</u> <u>6.04</u>.

Section 10.04. <u>Waiver of Closing Conditions</u>. Upon the occurrence of the Closing, any condition set forth in this <u>Article X</u> that was not satisfied as of the Closing shall be deemed to have been waived as of and from the Closing.

**ARTICLE XI** 

**TERMINATION** 

Section 11.01. <u>Termination</u>. Notwithstanding anything in this Agreement to the contrary (but subject to this <u>Article XI</u>), this Agreement may be terminated before the Closing:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) by the mutual written consent of TPI Parent and Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) by the Sellers, if Buyer shall have breached any representation or warranty or failed to comply with any covenant or agreement applicable to Buyer that would cause any Closing Condition set forth in <u>Section</u> <u>10.01(a)</u> not to be satisfied, and (i) such breach is not waived by the Sellers, or (ii) if such breach has not been waived by the Sellers but is curable and is not cured by Buyer prior to the earlier to occur of (A) ten (10) Business Days after receipt by Buyer of the Sellers' notice of such breach and (B) the Business Day before the Outside Date; <u>provided</u>, <u>however</u>, that no Seller is then in material breach of this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) by Buyer, if the Sellers shall have breached any representation or warranty or failed to comply with any covenant applicable to the Sellers that would cause any Closing Condition set forth in <u>Section</u> <u>10.02(a)</u> not to be satisfied, and (i) such breach is not waived by Buyer or (ii) if such breach has not been waived by Buyer but is curable and is not cured by the Sellers prior to the earlier to occur of (A) ten (10) Business Days after receipt by TPI Parent of Buyer's notice of such breach and (B) the Business Day before the Outside Date; <u>provided</u>, <u>however</u>, that Buyer is not then in material breach of this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) by the Sellers or Buyer, if the Closing shall not have occurred by June 30, 2026 (as either such date may be extended by mutual agreement of TPI Parent and Buyer in writing, the "**Outside Date**"); <u>provided</u>, that if the Closing shall not have occurred on or before the Outside Date due to a material breach of any representations, warranties or covenants contained in this Agreement by Buyer or any Seller, then the Buyer or TPI Parent, respectively, may not terminate this Agreement pursuant to this <u>Section</u> <u>11.01(d)</u>;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) by the Sellers, if the Buyer Parent shall have breached any provision of the A&R Advance Agreement which is incurable or, if curable, remains uncured by the earlier of (A) four (4) Business Days after the receipt of written notice of such breach from TPI Parent pursuant to this <u>Section</u> <u>11.01</u> and in accordance with <u>Section</u> <u>12.03</u> (as applicable) and (B) the Business Day before the Outside Date; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) by TPI Parent or Buyer, in the event that any Government Authority of competent jurisdiction shall have issued an Order that permanently restricts, enjoins or prohibits the consummation of the purchase of the Transferred Assets contemplated by this Agreement and such Order shall have become final and non-appealable; <u>provided</u>, <u>however</u>, that the right to terminate this Agreement under this <u>Section</u> <u>11.01(f)</u> shall not be available to any Party whose action or failure to fulfill any obligation under this Agreement has been the cause of, or has resulted in, the issuance of such Order or other action.

Section 11.02. <u>Notice of Termination</u>. If either Buyer or TPI Parent desires to terminate this Agreement pursuant to <u>Section</u> <u>11.01</u>, such Party shall give written notice of such termination to TPI Parent or Buyer, respectively, pursuant to <u>Section</u> <u>12.03</u> hereof.

Section 11.03. <u>Effect of Termination</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) If this Agreement is validly terminated pursuant to <u>Section</u> <u>11.01</u>, this Agreement shall thereupon become null and void and of no further force and effect, except for the provisions of (i) <u>Section</u> <u>6.03</u>, (ii) this <u>Section</u> <u>11.03</u> and (iii) <u>Article XII</u>, together with any related defined terms and definitions thereof (each of which shall survive such termination); <u>provided</u>, that nothing in this <u>Section</u> <u>11.03</u> shall be deemed to (A) release any Party from any Liability for any (x) knowing and intentional breach of this Agreement prior to the date of termination or (y) committed Fraud against the non-breaching party, as determined by a Court of competent jurisdiction, or (B) impair the right of any Party to compel specific performance by any other Party of its obligations under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Notwithstanding <u>Section</u> <u>11.03(a)</u>, in the event of a termination of this Agreement pursuant to <u>Section</u> <u>11.01(b)</u>, TPI Parent shall deliver Written Instructions to the Escrow Agent to pay an amount equal to the Purchase Price Deposit Escrow Amount (together with all accrued investment income thereon (if any)) to TPI Parent. Buyer acknowledges that the agreements contained in this <u>Section</u> <u>11.03(b)</u> are an integral part of the Transactions, and that without these agreements, the Sellers would not have entered into this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Notwithstanding <u>Section</u> <u>11.03(a)</u>, in the event of a termination of this Agreement pursuant to <u>Section</u> <u>11.01</u> (other than a termination pursuant to <u>Section</u> <u>11.01(b)</u>), then TPI Parent shall, within two (2) Business Days after the date of such termination, deliver Written Instructions to the Escrow Agent directing the Escrow Agent to deliver an amount equal to the Purchase Price Deposit Escrow Amount (together with all accrued investment income thereon (if any)) to Buyer or an Affiliate designated by Buyer.

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**ARTICLE XII** 

**MISCELLANEOUS** 

Section 12.01. <u>Rules of Construction</u>. The following rules of construction shall govern the interpretation of this Agreement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) references to "applicable" Law or Laws with respect to a particular Person, thing or matter means only such Law or Laws as to which the Government Authority that enacted or promulgated such Law or Laws has jurisdiction over such Person, thing or matter as determined under the Laws of the State of Delaware;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) references to any statute, rule, regulation or form (including in the definition thereof) shall be deemed to include references to such statute, rule, regulation or form as amended, modified, supplemented or replaced from time to time (and, in the case of any statute, include any rules and regulations promulgated under such statute), and all references to any section of any statute, rule, regulation or form include any successor to such section;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) when calculating the period of time before which, within which or following which any act is to be done or step taken pursuant to this Agreement, the date that is referenced in beginning the calculation of such period will be excluded (for example, if an action is to be taken within two (2) days after a triggering event and such event occurs on a Tuesday, then the action must be taken by Thursday); if the applicable provision calculates the period of time using Business Days and the last day of such period is a non-Business Day, the period in question will end on the next succeeding Business Day;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) whenever the context requires, words in the singular shall be held to include the plural and vice versa, and words of one gender shall be held to include the other gender;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) (i) the provision of a table of contents, the division into Articles, Sections and other subdivisions and the insertion of headings are for convenience of reference only and shall not affect or be utilized in construing or interpreting this Agreement and (ii) references to the terms "Article," "Section," "subsection," "subclause," "clause," "Schedule" and "Exhibit" are references to the Articles, Sections, subsections, subclauses, clauses, Schedules and Exhibits to this Agreement unless otherwise specified; any capitalized term used in any Schedule (including the Disclosure Schedules) or Exhibit but not otherwise defined therein shall have the meaning as defined in this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) where there is any inconsistency between the definitions set out in <u>Section</u> <u>1.01</u> and the definitions set out in any other Section or any Schedule (including the Disclosure Schedules) or Exhibit, then, for the purposes of construing such Section, Schedule or Exhibit, the definitions set out in such Section, Schedule or Exhibit shall prevail;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) (i) the terms "hereof," "herein," "hereby," "hereto," and derivative or similar words refer to this entire Agreement, including the Disclosure Schedules, schedules and Exhibits thereto, (ii) the terms "thereof," "therein," "thereby," "thereto" and derivative or similar words refer to this Agreement to which the context refers, including the Disclosure Schedules, schedules and Exhibits thereto, (iii) the terms "include," "includes," "including" and words of similar import when used in this Agreement mean "including, without limitation" unless otherwise expressly specified, (iv) the term "any" means "any and all" and (v) the term "or" shall not be exclusive and shall mean "and/or";

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) (i) references to "days" means calendar days unless Business Days are expressly specified, (ii) references to "written" or "in writing" include in electronic form (including by e-mail transmission or electronic communication by portable document format (.pdf)) and (iii) references to "$" mean U.S. dollars;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) references to any Person includes such Person's successors and permitted assigns;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) references to any agreement or contract are to that agreement or contract as amended, modified or supplemented from time to time in accordance with the terms thereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) unless the context otherwise requires, the word "extent" in the phrase "to the extent" means the degree to which a subject or other thing extends, and such phrase does not mean simply "if";

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) each Party has participated in the negotiation and drafting of this Agreement, and if an ambiguity or question of interpretation should arise, this Agreement shall be construed as if drafted jointly by the Parties and no presumption or burden of proof shall arise favoring or burdening any Party by virtue of the authorship of any provision in this Agreement; the language used in this Agreement will be deemed to be the language chosen by the Parties to express their mutual intent, and no rule of strict construction will be applied against any Party; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) prior drafts of this Agreement or any ancillary agreements, schedules or exhibits thereto or the fact that any clauses have been added, deleted or otherwise modified from any prior drafts of this Agreement or any ancillary agreements, schedules or exhibits hereto shall not be used as an aide of construction or otherwise constitute evidence of the intent of the Parties; and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of such prior drafts.

Section 12.02. <u>Expenses</u>. Except as otherwise specified in the Transaction Agreements, each Party will pay its own costs and expenses, including legal, consulting, financial advisor, accounting and other fees and expenses, incurred in connection with the Transaction Agreements and the Transactions, irrespective of when incurred or whether or not the Closing occurs.

Section 12.03. <u>Notices</u>. All notices and other communications under or by reason of this Agreement shall be in writing and shall be deemed to have been duly given or made (a) upon receipt when personally delivered, (b) when delivered by e-mail transmission with receipt confirmed or (c) upon delivery by overnight courier service, in each case, to the addresses and attention parties indicated below (or such other address, e-mail address or attention party as the recipient party has specified by prior notice given to the sending party in accordance with this <u>Section</u> <u>12.03</u>):

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**HIGHLY CONFIDENTIAL** 

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| | |
|:---|:---|
| If to the Sellers, to: | TPI Composites, Inc.<br> 9200 E. Pima Center Parkway, Suite 250<br> Scottsdale, AZ 85258<br> Attention: StevenFishbach<br> E-mail: SFishbach@tpicomposites.com |
| with a copy (which will not constitute<br>notice) to: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Weil, Gotshal & Manges LLP<br> 767 Fifth Avenue<br> New York, New York 10153<br> Attention: Gabriel A. Morgan; Lauren Tauro;<br> Mariel E. Cruz<br> E-mail: Gabriel.Morgan@weil.com;<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lauren.Tauro@weil.com;<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mariel.Cruz@weil.com |
| If to Buyer or Buyer Parent, to: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vestas Wind Systems A/S<br> Hedeager 42<br> 8200 Aarhus N.<br> Denmark<br> Attention: Mikkel Bach Jensen;<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lars Terp Paulsen<br> E-mail: MIKBA@vestas.com;<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LATEP@vestas.com |
| with a copy (which will not constitute<br>notice) to: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reed Smith LLP<br> 599 Lexington Avenue<br> New York, NY 10022<br> Attention:Omar J. Alaniz; Alissa K. Piccione;<br> Wayne R. Uffleman<br> E-mail: OAlaniz@ReedSmith.com;<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APiccione@ReedSmith.com;<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WUffleman@ReedSmith.com |

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Section 12.04. <u>Survival</u>. Except (a) as set forth in <u>Section</u> <u>9.06</u> and <u>Section</u> <u>11.03(a)</u> and (b) for any covenant, obligation or agreement that by its terms is to be performed (in whole or in part) by any Party following the Effective Time (which covenants, obligations or agreements shall survive the Effective Time in accordance with their terms), none of the representations, warranties, covenants or agreements of any Party set forth in this Agreement shall survive, and each of the same shall terminate and be of no further force or effect as of, the Effective Time. Notwithstanding anything in this Agreement or in any other Transaction Agreement to the contrary, nothing in this Agreement shall limit any rights or claims a Person may have in respect of fraud.

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**HIGHLY CONFIDENTIAL** 

Section 12.05. <u>Limitation on Liability</u>. Notwithstanding anything in this Agreement or in any other Transaction Agreement to the contrary, (a) except (x) in the event of willfully and knowingly committed fraud with the specific intent to deceive or mislead ("**Fraud**"), (y) the calculation of and any adjustments to the purchase price in accordance with the terms set forth herein, or (z) in the case of Buyer pursuant to <u>subclause (b)</u> below with respect to Assumed Liabilities, the maximum aggregate Liability of the Sellers to Buyer under this Agreement shall not exceed, in the aggregate, $1,000,000, (b) the maximum Liability of Buyer and Buyer Parent, collectively, under, or with respect to, this Agreement shall not exceed an amount equal to (i) fifty percent (50%) of the Base Purchase Price, (c) each of TPI Parent's and the respective Debtor Seller Parties' obligations hereunder and under any other Transaction Agreement shall be several from the obligations of any other Seller under this Agreement and under no circumstances shall TPI Parent or any Debtor Seller Party be liable to Buyer or its Affiliates under any Transaction Agreement that would render TPI Parent or any Debtor Seller Party liable to Buyer or its Affiliates for the obligations, breach or other Liabilities of the India Seller or any Non-Debtor Seller Party arising under any Transaction Agreement and Buyer, on behalf of itself and its Affiliates, hereby irrevocably and unconditionally waives, releases and agrees (on behalf of itself, its Affiliates and any Person claiming by, through on behalf of them) not to assert any such liabilities and claims against TPI Parent or any Debtor Seller Party with respect to any obligations, breach or other Liabilities of the India Seller or any Non-Debtor Seller Party arising under any Transaction Agreement; <u>provided</u>, that notwithstanding the foregoing in this <u>Section</u> <u>12.05(c)</u>, the respective Liability and obligations of the India Seller and any Non-Debtor Seller Party under this Agreement and any other Transaction Agreement shall be joint and several among the Non-Debtor Seller Parties and India Seller; and (d) in no event shall any Party have any Liability under this Agreement (including under this <u>Article XII</u>) for any consequential, special, incidental, indirect or punitive damages, lost profits or similar items (including loss of revenue, income or profits, diminution of value or loss of business reputation or opportunity).

Section 12.06. <u>Public Announcements</u>. The initial press release with respect to the execution of this Agreement shall be a joint press release to be reasonably agreed upon by the Buyer and TPI Parent. No Party nor any Affiliate or Representative of such Party shall issue or cause the publication of any press release or public announcement or otherwise communicate with any news media in respect of the Transaction Agreements or the Transactions without the prior written consent of the other Parties (which consent shall not be unreasonably withheld, conditioned or delayed), except as a party believes in good faith and based on reasonable advice of counsel is required by applicable Law or by Order of the Bankruptcy Court or by applicable rules of any stock exchange or quotation system on which such Party or its Affiliates lists or trades securities (in which case the disclosing Party, to the extent practicable under the circumstances and permissible by Law, shall (a) advise the other Parties before making such disclosure and (b) provide each such other Party a reasonable opportunity to review and comment on such release or announcement and consider in good faith any comments with respect thereto),

Section 12.07. <u>Severability</u>. If any term or provision of this Agreement is held invalid, illegal or unenforceable in any respect under any applicable Law, as a matter of public policy or on any other grounds, the validity, legality and enforceability of all other terms and provisions of this Agreement will not in any way be affected or impaired. If the final judgment of a court of competent jurisdiction or other Government Authority declares that any term or provision hereof is invalid, illegal or unenforceable, the Parties agree that the Government Authority making such determination will have the power to reduce the scope, duration, area or applicability of the term or provision, to delete specific words or phrases, or to replace any invalid, illegal or unenforceable term or provision with a term or provision that is valid, legal and enforceable and that comes closest to expressing the intention of the invalid, illegal or unenforceable term or provision.

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Section 12.08. <u>Assignment</u>. This Agreement will be binding upon and inure to the benefit of and be enforceable by the respective successors and permitted assigns of the Parties. No Party may assign (whether by operation of Law or otherwise) this Agreement or any rights, interests or obligations provided by this Agreement without the prior written consent of Buyer (in the case of an assignment by a Seller) or TPI Parent (in the case of an assignment by Buyer); <u>provided</u>, <u>however</u>, that (a) Buyer may assign this Agreement and any or all rights and obligations under this Agreement to any of its Controlled Affiliates and (b) any Seller may assign any of its rights or obligations under this Agreement to any of its Controlled Affiliates or to any plan administrator, liquidator, examiner, receiver, trustee or similar party appointed on its behalf following that Closing, and any such assignment under (a) or (b) shall not require consent of any other Party; <u>provided</u>, <u>further</u>, that no such assignment pursuant to the foregoing <u>clauses (a)</u> or <u>(b)</u> shall release the assigning Party from any Liability under this Agreement. Any attempted assignment in violation of this <u>Section</u> <u>12.08</u> shall be void *ab initio*.

Section 12.09. <u>No Third-Party Beneficiaries</u>. This Agreement is for the sole benefit of the Parties and their respective successors and permitted assigns, and, the Nonparty Affiliates pursuant to <u>Section</u> <u>12.19</u>, or as otherwise expressly set forth in this Agreement, nothing in this Agreement shall create or be deemed to create any third-party beneficiary rights in any Person not a Party, including any Affiliates of any Party.

Section 12.10. <u>Parent Guarantee</u><u>.</u> Buyer Parent hereby irrevocably and unconditionally guarantees the due and punctual performance of Buyer's obligations hereunder to (i) pay expenses expressly required to be borne by Buyer when due and payable pursuant to and in accordance with this Agreement or make any other payment obligations of Buyer under this Agreement or otherwise arising out of or relating to the Transactions (for which Buyer is responsible hereunder), including <u>Section</u> <u>2.04</u>, <u>Section</u> <u>6.04</u>, and <u>Section</u> <u>12.02</u> and (ii) pay monetary damages when due and payable, subject to the other terms hereof (including <u>Section</u> <u>12.05</u>) (<u>clause (</u><u>i</u><u>)</u> and <u>clause (ii)</u> collectively, the "**Guaranteed Obligations**"). The guarantee set forth in this <u>Section</u> <u>12.10</u> is a continuing guarantee of payment (and not of collection). TPI Parent may enforce the Guaranteed Obligations directly against Buyer Parent without first being required to seek enforcement against Buyer or any other Person. Buyer Parent waives notice of acceptance of this guarantee and, to the extent permitted by applicable Law, notice of nonperformance or default with respect to the Guaranteed Obligations. Buyer Parent further waives any suretyship defenses that would otherwise be available solely by virtue of its status as guarantor, other than defenses arising from payment in full of the applicable Guaranteed Obligation in accordance with the terms hereof.

Section 12.11. <u>Entire Agreement</u>. This Agreement (including the Disclosure Schedules) and the other Transaction Agreements (and all Exhibits and Schedules hereto and thereto) collectively constitute and contain the entire agreement and understanding of the Parties with respect to the subject matter hereof and thereof and supersede all prior negotiations, correspondence, understandings, agreements and Contracts, whether written or oral, among the Parties respecting the subject matter hereof and thereof.

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Section 12.12. <u>Amendments</u>. This Agreement (including the Disclosure Schedules and all Exhibits and Schedules hereto) may be amended, restated, supplemented or otherwise modified, only by written agreement duly executed by Buyer and the Sellers.

Section 12.13. <u>Waiver</u>. At any time before the Closing, any Party may, by written instrument duly executed by the waiving Party, (a) extend the time for the performance of any obligation or other acts of the other Party, (b) waive any breaches or inaccuracies in the representations and warranties of the other Party contained in this Agreement or in any document delivered pursuant to this Agreement or (c) waive compliance with any covenant, agreement or condition contained in this Agreement, but such waiver of compliance with any such covenant, agreement or condition shall not operate as a waiver of, or estoppel with respect to, any subsequent or other failure. No failure on the part of any Party to exercise, and no delay in exercising, any right, power or remedy under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power or remedy by such Party preclude any other or further exercise thereof or the exercise of any other right, power or remedy.

Section 12.14. <u>Governing Law</u>. This Agreement, and any Action that may be based upon, arise out of or relate or be incidental to any Transaction, this Agreement, the negotiation, execution, termination, performance, nonperformance or consummation of the foregoing or the inducement of any Party to enter into the foregoing, whether for breach of Contract, tortious conduct or otherwise, and whether now existing or hereafter arising (each, a "**Transaction Dispute**"), will be exclusively governed by and construed and enforced in accordance with the internal Laws of the State of Delaware, without giving effect to any Law or rule that would cause the Laws of any jurisdiction other than the State of Delaware to be applied.

Section 12.15. <u>Dispute Resolution; Consent to Jurisdiction</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Without limiting any Party's right to appeal any Order of the Bankruptcy Court (i) the Bankruptcy Court shall retain exclusive jurisdiction to enforce the terms of this Agreement and to decide any Transaction Dispute which may arise or result from, or be connected with, this Agreement, any breach or default hereunder, or the Transactions, and (ii) any and all proceedings related to the foregoing shall be filed and maintained only in the Bankruptcy Court, and the Parties hereby consent to and submit to the jurisdiction and venue of the Bankruptcy Court and shall receive notices at such locations as indicated in <u>Section</u> <u>12.03</u> (as may be updated from time to time in accordance with <u>Section</u> <u>12.03</u>); <u>provided</u>, <u>however</u>, that upon the closing of the Bankruptcy Cases, or if the Bankruptcy Court does not have subject matter jurisdiction, the Parties agree to unconditionally and irrevocably submit to the exclusive jurisdiction of the Court of Chancery of the State of Delaware and any appellate court from any thereof, for the resolution of any such Transaction Dispute. In that context, and without limiting the generality of the foregoing, each Party irrevocably and unconditionally:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) submits for itself and its property to the exclusive jurisdiction of the Court of Chancery of the State of Delaware with respect to any Transaction Dispute and for recognition and enforcement of any judgment in respect thereof, and agrees that all claims in respect of any Transaction Dispute shall be heard and determined in such courts;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) agrees that venue would be proper in such courts, and waives any objection that it may now or hereafter have that any such court is an improper or inconvenient forum for the resolution of any Transaction Dispute; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) agrees that the mailing by certified or registered mail, return receipt requested, to the Persons listed in <u>Section</u> <u>12.03</u> (as may be updated from time to time in accordance with <u>Section</u> <u>12.03</u>) of any process required by any such court, will be effective service of process; <u>provided</u>, <u>however</u>, that nothing herein will be deemed to prevent a Party from making service of process by any means authorized by the Laws of the State of Delaware.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The foregoing consent to jurisdiction will not constitute submission to jurisdiction or general consent to service of process in the State of Delaware for any purpose except with respect to any Transaction Dispute.

Section 12.16. <u>Waiver of Jury Trial</u>. To the maximum extent permitted by Law, each Party irrevocably and unconditionally waives any right to trial by jury in any forum in respect of any Transaction Dispute and covenants that neither it nor any of its Affiliates or Representatives will assert (whether as plaintiff, defendant or otherwise) any right to such trial by jury. Each Party certifies and acknowledges that (a) such Party has considered the implications of this waiver, (b) such Party makes this waiver voluntarily and (c) such waiver constitutes a material inducement upon which such Party is relying and will rely in entering into this Agreement. Each Party may file an original counterpart or a copy of this <u>Section</u> <u>12.16</u> with any court as written evidence of the consent of each Party to the waiver of its right to trial by jury.

Section 12.17. <u>Admissibility into Evidence</u>. All offers of compromise or settlement among the Parties or their Representatives in connection with the attempted resolution of any Transaction Dispute (a) shall be deemed to have been delivered in furtherance of a Transaction Dispute settlement, (b) shall be exempt from discovery and production and (c) shall not be admissible into evidence (whether as an admission or otherwise) in any proceeding relating to the resolution of any such Transaction Dispute.

Section 12.18. <u>Remedies; Specific Performance</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Except to the extent set forth otherwise in this Agreement, all remedies under this Agreement expressly conferred upon a Party will be deemed cumulative with and not exclusive of any other remedy conferred hereby, or by Law or equity upon such Party, and the exercise by a Party of any one remedy will not preclude the exercise of any other remedy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Each Party agrees that irreparable damage would occur and the Parties would not have an adequate remedy at law if any provision of this Agreement is not performed in accordance with its specific terms or is otherwise breached. Accordingly, each Party agrees that the other Party will be entitled to injunctive relief from time to time to prevent breaches of the provisions of this Agreement and to enforce specifically the terms and provisions of this Agreement, in each case (i) without the requirement of posting any bond or other indemnity and (ii) in addition to any other remedy to which it may be entitled, at law or in equity. Furthermore, each Party agrees not to raise any objections to the availability of the equitable remedy of specific performance to prevent or restrain breaches of this Agreement, and to specifically enforce the

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**HIGHLY CONFIDENTIAL** 

terms of this Agreement to prevent breaches or threatened breaches of, or to enforce compliance with, the covenants and obligations of such Party under this Agreement. Each Party expressly disclaims that it is owed any duty not expressly set forth in this Agreement, and waives and releases all tort claims and tort causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement.

Section 12.19. <u>Non-Recourse</u>. All claims, obligations, Liabilities, Actions or causes of action (whether in Contract or in tort, in law or in equity, or granted by statute) that may be based upon, in respect of, arise under, out or by reason of, be connected with, or relate in any manner to this Agreement, or the negotiation, execution, or performance of this Agreement (including any representation or warranty made in, in connection with, or as an inducement to, this Agreement), may be made only against (and are expressly limited to) the entities that are expressly identified as parties hereto in the preamble to this Agreement or, if applicable, their successors and assigns ("**Contracting Parties**") in each case, subject to and in accordance with the terms and conditions of this Agreement, including <u>Section</u> <u>12.05</u>. No Person who is not a Contracting Party, including any past, present or future director, officer, employee, incorporator, member, partner, manager, stockholder, Affiliate, agent, consultant, attorney, accountants, financial advisor or other representative of, and any lender to, any Contracting Party, or any director, officer, employee, incorporator, member, partner, manager, stockholder, Affiliate, agent, consultant, attorney, accountants, financial advisor or other representative of, and any lender to, any of the foregoing ("**Nonparty Affiliates**"), shall have any Liability (whether in Contract or in tort, in law or in equity, or granted by statute) for any claims, causes of action, obligations, or other Liabilities arising under, out of, in connection with, or related in any manner to this Agreement or based on, in respect of, or by reason of this Agreement or their negotiation, execution, performance, or breach; and, to the maximum extent permitted by Law, each Contracting Party hereby waives and releases all such claims, causes of action, obligations and other Liabilities against any such Nonparty Affiliates. It is expressly agreed that the Nonparty Affiliates to whom this <u>Section</u> <u>12.19</u> applies shall be third-party beneficiaries of this <u>Section</u> <u>12.19</u>. Notwithstanding anything in this Agreement or in any other Transaction Agreement to the contrary, nothing in this Agreement shall limit any rights or claims a Person may have in respect of fraud.

Section 12.20. <u>Interest</u>. If any payment required to be made to a Party under this Agreement is made after the date on which such payment is due, interest shall accrue at the Interest Rate on such amount from (but not including) the due date of the payment to (and including) the date such payment is actually made. All computations of interest pursuant to this Agreement shall be made on the basis of a year of three hundred sixty-five (365) days, in each case for the actual number of days from (but not including) the first day to (and including) the last day occurring in the period for which such interest is payable.

Section 12.21. <u>Disclosure</u> <u>Schedules</u> <u>and Exhibits</u>. The Disclosure Schedules, schedules and Exhibits attached to this Agreement shall be construed with and as an integral part of this Agreement to the same extent as if the same had been set forth verbatim herein. Any capitalized terms used in any Exhibit or Schedule or in the Disclosure Schedules but not otherwise defined therein shall be defined as set forth in this Agreement. The representations and warranties of the Sellers set forth in this Agreement are made and given subject to the disclosures contained in the Disclosure Schedules, and neither the Sellers nor any of their Affiliates shall be, or deemed to be, in breach of any such representations and warranties (and no claim shall lie in respect thereof) in

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respect of any such matter so disclosed in the Disclosure Schedules. Any matter, information or item disclosed in the Disclosure Schedules under any specific representation or warranty or schedule or section thereof shall be deemed to be disclosed and incorporated by reference in any other schedule or section of the Disclosure Schedules as though fully set forth in such other schedule(s) or section(s), if the applicability to such other schedule(s) or section(s) is reasonably apparent on its face. The inclusion of any matter, information or item in the Disclosure Schedules as an exception to a representation or warranty shall not be deemed to constitute (a) an admission of any Liability by the Sellers to any third party, (b) an admission that any breach or violation of applicable Laws or any contract or agreement to which a Seller is a party exists or has actually occurred, (c) an admission that such item is outside the ordinary course of business or not consistent with past practice, or (d) otherwise imply an admission that such item represents a material exception or material fact, event, circumstance or that such item has had, or would reasonably be expected to have a Material Adverse Effect. The Disclosure Schedules have been arranged for purposes of convenience in separately titled schedules corresponding to the sections of this Agreement.

Section 12.22. <u>Counterparts</u>. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which when taken together shall constitute one and the same instrument. Facsimiles, e-mail transmission of .pdf signatures or other electronic copies of signatures shall be deemed to be originals.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK;

SIGNATURE PAGE FOLLOWS]

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IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed on the date first written above by their respective duly authorized officers.

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| | |
|:---|:---|
| **<u>SELLERS:</u>** | **<u>SELLERS:</u>** |
| **TPI COMPOSITES, INC.** | **TPI COMPOSITES, INC.** |
| By: | /s/ William E. Siwek |
|  | Name: William E. Siwek |
|  | Title: President and Chief Executive Officer |
| **TPI COMPOSITES INDIA PRIVATE LIMITED** | **TPI COMPOSITES INDIA PRIVATE LIMITED** |
| By: | /s/ Charles P. Stroo |
|  | Name: Charles P. Stroo |
|  | Title: Director |
| By: | /s/ William E. Siwek |
|  | Name: William E. Siwek |
|  | Title: President and Chief Executive Officer |
| **TPI GLOBAL SSC INDIA PRIVATE LIMITED** | **TPI GLOBAL SSC INDIA PRIVATE LIMITED** |
| By: | /s/ Theodore Gibson III |
|  | Name: Theodore Gibson III |
|  | Title: Director |
| By: | /s/ Ryan D. Miller |
|  | Name: Ryan D. Miller |
|  | Title: Chairman |

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IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed on the date first written above by their respective duly authorized officers.

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| | |
|:---|:---|
| **<u>BUYER</u>:** | **<u>BUYER</u>:** |
| **VESTAS WIND TECHNOLOGY INDIA PRIVATE LIMITED** | **VESTAS WIND TECHNOLOGY INDIA PRIVATE LIMITED** |
| By: | /s/ Madhava Krishan Pokala |
|  | Name: Madhava Krishan Pokala |
|  | Title: Whole-time Director |
| By: | /s/ Amar Harishchandra Variawa |
|  | Name: Amar Harishchandra Variawa |
|  | Title: Whole-time Director |
| By: | /s/ Govindaraj Kolappan |
|  | Name: Govindaraj Kolappan |
|  | Title: Whole-time Director |

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IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed on the date first written above by their respective duly authorized officers.

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| | |
|:---|:---|
| **<u>BUYER PARENT</u>:** | **<u>BUYER PARENT</u>:** |
| solely for the purposes of Article XII | solely for the purposes of Article XII |
| **VESTAS WIND SYSTEMS A/S** | **VESTAS WIND SYSTEMS A/S** |
| By: | /s/ Lars Terp Paulsen |
|  | Name: Lars Terp Paulsen |
|  | Title: Chief Specialist M&A |
| By: | /s/ Mikkel Bach Jensen |
|  | Name: Mikkel Bach Jensen |
|  | Title: Head of Group Legal |

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**Schedule A** 

**Debtors** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. TPI International, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. TPI Turkey, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. TPI APAC, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. TPI APAC II, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. TPI Turkey II, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. TPI Turkey Izbas, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. TPI Composite Services, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. TPI Mexico, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. TPI Mexico II, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. TPI Mexico III, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. TPI Mexico IV, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. TPI Mexico V, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. TPI Mexico VI, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. TPI Holdings Mexico, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15. Ponto Alto Holdings, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16. TPI Arizona, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17. TPI Iowa, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18. TPI Iowa II, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19. Composite Solutions, Inc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20. TPI Texas, LLC

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21. TPI Technology, Inc.

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**Schedule B** 

**Debtor Seller Parties** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. TPI Technology, Inc.

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**Schedule C** 

**Non-Debtor Seller Parties** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. TPI Global SSC India Private Limited

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**HIGHLY CONFIDENTIAL** 

**Exhibit A-1** 

**Form of Bill of Sale, Assignment and Assumption Agreement (Asset Sale)** 

*[See attached]* 

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**HIGHLY CONFIDENTIAL** 

**Exhibit A-2** 

**Form of Bill of Sale, Assignment and Assumption Agreement (Slump Sale)** 

*[See attached]* 

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**HIGHLY CONFIDENTIAL** 

**Exhibit B** 

**Form of Asset Sale Delivery Note** 

*[See attached]* 

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**HIGHLY CONFIDENTIAL** 

**Exhibit C** 

**Form of IP Assignment Agreement** 

*[See attached]* 

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**HIGHLY CONFIDENTIAL** 

**Exhibit D** 

**Form of IP License Agreement** 

[*See attached*]

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**HIGHLY CONFIDENTIAL** 

**Exhibit E** 

**Form of Business Transfer Agreement** 

*[See attached]* 

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**HIGHLY CONFIDENTIAL** 

**Exhibit F** 

**Form of Employee Transfer Agreement** 

*[See attached]* 

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**HIGHLY CONFIDENTIAL** 

**Exhibit G** 

**TSA Services Term Sheet** 

*[See attached]* 

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**HIGHLY CONFIDENTIAL** 

**Exhibit H** 

**Form of Termination and Release Agreement** 

[*See attached*]

## Exhibit 10.2

**Exhibit 10.2** 

**EXECUTION VERSION** 

**ASSET PURCHASE AGREEMENT** 

**dated as of March 4, 2026** 

**by and among** 

**VESTAS AMERICA HOLDING, INC.** 

**TPI COMPOSITES, INC.,** 

**and** 

**CERTAIN OTHER PERSONS NAMED HEREIN** 

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**Table of Contents** 

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| | | |
|:---|:---|:---|
|  |  | **Page** |
|  ARTICLE I DEFINITIONS | ARTICLE I DEFINITIONS | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 1.01. | Certain Defined Terms | 5 |
|  ARTICLE II PURCHASE AND SALE; CLOSING | ARTICLE II PURCHASE AND SALE; CLOSING | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.01. | Purchase and Sale of Transferred Assets | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.02. | Assignment of Certain Transferred Assets and Transferred Contracts | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.03. | Closing | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.04. | Designated Contracts; Cure Costs | 22 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.05. | Withholding | 23 |
|  ARTICLE III PURCHASE PRICE | ARTICLE III PURCHASE PRICE | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 3.01. | Purchase Price | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 3.02. | Certain Closing Deliverables | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 3.03. | Purchase Price Allocation | 25 |
|  ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE SELLERS | ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE SELLERS | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.01. | Formation and Authority of the Sellers; Enforceability | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.02. | No Conflict | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.03. | Consents and Approvals | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.04. | Absence of Certain Changes or Events | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.05. | Absence of Litigation | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.06. | Brokers | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.07. | Title | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.08. | Compliance with Laws | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.09. | Privacy and Data Protection | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.10. | Material Contracts | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.11. | Employment and Employee Benefits Matters | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.12. | Taxes | 30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 4.13. | No Other Representations or Warranties | 31 |
|  ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER | ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER | 31 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.01. | Formation and Authority of Buyer; Enforceability | 31 |

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.02. | No Conflict | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.03. | Consents and Approvals | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.04. | Absence of Litigation | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.05. | Financial Ability | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.06. | Brokers | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.07. | Investigation | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 5.08. | No Other Representations or Warranties. | 33 |
|  ARTICLE VI ADDITIONAL AGREEMENTS | ARTICLE VI ADDITIONAL AGREEMENTS | 34 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.01. | Conduct of Business Before the Closing | 34 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.02. | Access to Information | 34 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.03. | Confidentiality | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.04. | Third Party Consents | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.05. | Cooperation | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.06. | Bulk Transfer Laws | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.07. | Employee Matters | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.08. | No Successor Liability | 39 |
|  ARTICLE VII POST-CLOSING COVENANTS | ARTICLE VII POST-CLOSING COVENANTS | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 7.01. | Access | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 7.02. | Preservation of Books and Records | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 7.03. | Further Assurances | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 7.04. | Wrong Pockets | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 7.05. | Transferred Indian Employees | 41 |
|  ARTICLE VIII BANKRUPTCY PROVISIONS | ARTICLE VIII BANKRUPTCY PROVISIONS | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 8.01. | Bankruptcy Court Filings | 42 |
|  ARTICLE IX TAX MATTERS | ARTICLE IX TAX MATTERS | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 9.01. | Intentionally Omitted | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 9.02. | Transfer Taxes | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 9.03. | Tax Adjustments | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 9.04. | Tax Cooperation | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 9.05. | Survival | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 9.06. | Adjustment to Purchase Price | 43 |

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| | | |
|:---|:---|:---|
|  ARTICLE X CONDITIONS TO CLOSING | ARTICLE X CONDITIONS TO CLOSING | 44 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 10.01. | Conditions to Obligations of the Sellers | 44 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 10.02. | Conditions to Obligations of Buyer | 45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 10.03. | Frustration of Closing Conditions | 46 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 10.04. | Waiver of Closing Conditions | 46 |
|  ARTICLE XI TERMINATION | ARTICLE XI TERMINATION | 46 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 11.01. | Termination | 46 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 11.02. | Notice of Termination | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 11.03. | Effect of Termination | 47 |
|  ARTICLE XII MISCELLANEOUS | ARTICLE XII MISCELLANEOUS | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.01. | Rules of Construction | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.02. | Expenses | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.03. | Notices | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.04. | Survival | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.05. | Limitation on Liability | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.06. | Public Announcements | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.07. | Severability | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.08. | Assignment | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.09. | No Third-Party Beneficiaries | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.10. | Entire Agreement | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.11. | Amendments | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.12. | Waiver | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.13. | Governing Law | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.14. | Dispute Resolution; Consent to Jurisdiction | 53 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.15. | Waiver of Jury Trial | 53 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.16. | Admissibility into Evidence | 53 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.17. | Remedies; Specific Performance | 54 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.18. | Non-Recourse | 54 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.19. | Intentionally Omitted. | 54 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.20. | Disclosure Schedules and Exhibits | 55 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 12.21. | Counterparts | 55 |

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| | |
|:---|:---|
| <u>EXHIBITS</u> |  |
| Exhibit A | Form of Bill of Sale, Assignment and Assumption Agreement |
| Exhibit B | Form of IN Delivery Note |
| Exhibit C | Form of Employee Transfer Agreement |
| <u>SCHEDULES</u> |  |
| Schedule A | Debtors |
| Schedule B | Debtor Seller Parties |
| Schedule C | Non-Debtor Seller Parties |

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**<u>ASSET PURCHASE AGREEMENT</u>**

This ASSET PURCHASE AGREEMENT, dated as of March 4, 2026 (the "**Agreement Date**"), is made by and among (a) TPI Composites, Inc., a Delaware corporation ("**TPI Parent**"), (b) the parties set forth on <u>Schedule B</u> hereto (together with TPI Parent, the "**Debtor Seller Parties**"), (c) the parties set forth on <u>Schedule C</u> hereto (the "**Non-Debtor Seller Parties**" and together with TPI Parent and the Debtor Seller Parties, the "**Sellers**"), and (d) Vestas America Holding, Inc., a Delaware corporation ("**Buyer**"). Each of the Sellers and Buyer is sometimes referred to herein individually as a "**Party**" and collectively as the "**Parties**". All capitalized terms used in this Agreement have the meanings ascribed to such terms in <u>Article I</u> herein.

**RECITALS** 

**WHEREAS**, on August 11, 2025, TPI Parent and certain of its Affiliates (including the Debtors) filed voluntary petitions for relief under chapter 11 of title 11 of the United States Code, 11 U.S.C. § 101 et seq. (the "**Bankruptcy Code**"), in the United States Bankruptcy Court for the Southern District of Texas (such court, the "**Bankruptcy Court**" and such cases, the "**Bankruptcy Cases**");

**WHEREAS**, on or around the date of execution of this Agreement, TPI Parent and certain of its Affiliates shall execute that certain Amendment to Amended and Restated Sub-Supplier Advance Agreement (the "**Amendment to A&R Advance Agreement**");

**WHEREAS**, the Sellers are engaged in, or hold assets or liabilities relating to, the Business in their respective jurisdictions; and

**WHEREAS**, the Sellers desire to sell to Buyer, and Buyer desires to purchase from the Sellers, the Transferred Assets, and Buyer desires to assume from the Sellers the Assumed Liabilities, in each case, on the terms and subject to the conditions set forth in this Agreement.

**NOW, THEREFORE**, for and in consideration of the foregoing and the representations, warranties, covenants and agreements set forth in this Agreement and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, agree as follows:

**ARTICLE I** 

**DEFINITIONS** 

Section 1.01. <u>Certain Defined Terms</u>.

"**Action**" means any action, suit, arbitration, investigation, proceeding, claim, complaint, petition, mediation, or inquiry, whether civil or criminal, by or before any Government Authority, arbitrator or arbitration panel.

"**Affiliate**" means, with respect to any specified Person, any other Person that, at the time of determination, directly or indirectly through one or more intermediaries, Controls, is Controlled by or is under common Control with such specified Person.

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"**Agreement**" means this Asset Purchase Agreement, by and among the Sellers and Buyer, including the Disclosure Schedules, and the schedules and Exhibits, and all amendments to such agreement made in accordance with <u>Section</u> <u>12.11</u>.

"**Agreement Date**" has the meaning set forth in the Preamble.

"**Amendment to A&R Advance Agreement**" has the meaning set forth in the Recitals.

"**Antitrust Laws**" means any Laws applicable to Buyer or the Sellers under any applicable jurisdiction that are designed to prohibit, restrict or regulate actions having the purpose or effect of monopolization or restraint of trade.

"**Assumed Liabilities**" has the meaning set forth in <u>Section</u> <u>2.01(d)</u>.

"**Available Contract Schedule**" has the meaning set forth in <u>Section</u> <u>2.04(b)</u>.

"**Available Executory Contract**" has the meaning set forth in <u>Section</u> <u>2.04(b)</u>.

"**Bankruptcy and Equity Exception**" means the effect on enforceability of (a) any applicable Law relating to bankruptcy, reorganization, insolvency, moratorium, fraudulent conveyance or preferential transfers, or similar Law relating to or affecting creditors' rights generally and (b) general principles of equity (regardless of whether enforceability is considered in a proceeding in equity or at law).

"**Bankruptcy Cases**" has the meaning set forth in the Recitals.

"**Bankruptcy Code**" has the meaning set forth in the Recitals.

"**Bankruptcy Court**" has the meaning set forth in the Recitals.

"**Bid Procedures**" means the bid procedures approved by the Bankruptcy Court and annexed to the Bidding Procedures Order as Exhibit 1.

"**Bidding Procedures Order**" means the Order (*I*) Approving (*A*) Bid Procedures for Sale of Debtors' Assets, (*B*) Form and Manner of Notice of Sale, Auction, and Sale Hearing, and (*C*) Assumption and Assignment Procedures, (*II*) Scheduling Auction for and Hearing to Approve Sale of Debtors' Assets, and (*III*) Granting Related Relief (ECF No. 288).

"**Bill of Sale, Assignment and Assumption Agreement**" has the meaning set forth in <u>Section</u> <u>3.02(a)(i)</u>.

"**Business**" means the business (including, but not limited to, the assets and employees) of the TPI Mexico Entities consisting of (a) the manufacturing of wind turbine blades for Buyer or its Affiliates at or from facilities located in Matamoros, Mexico and (b) the repair, inspection and servicing of wind turbine blades for Buyer or its Affiliates to the extent such repair, inspection or servicing is conducted by the TPI Mexico Entities as of the date of this Agreement.

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"**Business Day**" means any day that is not a Saturday, a Sunday or other day on which commercial banks in New York City, New York, or Aarhus, Denmark are required or authorized by Law to be closed.

"**Buyer Transaction Agreements**" means this Agreement and each other Transaction Agreement to which Buyer is named as a party on the signature pages thereto.

"**Buyer Transactions**" means the transactions contemplated by the Buyer Transaction Agreements.

"**Change**" has the meaning set forth in the definition of "Material Adverse Effect".

"**Closing**" has the meaning set forth in <u>Section</u> <u>2.03</u>.

"**Closing Conditions**" means the conditions to the respective obligations of the Parties to consummate the Transactions contemplated by this Agreement, in each case, as set forth in <u>Article X</u>.

"**Closing Date**" has the meaning set forth in <u>Section</u> <u>2.03</u>.

"**Collective Bargaining Agreement**" means any written agreement between any Seller or its Affiliates with a Union representing any Covered Employees, Covered Indian Employees or Covered Danish Employee that governs the terms and conditions of employment whether or not such agreement is expired by its terms.

"**Confidentiality Agreement**" means the Confidentiality Agreement dated as of October 16, 2025, by and between Buyer and TPI Parent, as the same may be amended from time to time in accordance with its terms.

"**Consent**" means any consent, approval or authorization.

"**Contract**" means any written or oral contract, agreement, undertaking, indenture, note, bond, mortgage, lease, sublease, license, sublicense, sales order, purchase order or other instrument or commitment that purports to be binding on any Person or any part of its property (or subjects any such assets or property to a Lien), including any amendments thereto. The term "Contractual" shall have a correlative meaning.

"**Contracting Parties**" has the meaning set forth in <u>Section</u> <u>12.18</u>.

"**Control**" means, with respect to any Person, the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by Contract or otherwise. The terms "Controlled by," "Controlled," "under common Control with" and "Controlling" shall have correlative meanings.

"**Covered Danish Employee**" means each of the employees of Danish Seller set forth on <u>Section</u> <u>1.01(c)</u> of the Disclosure Schedules.

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"**Covered Employee**" means each of the employees of the Sellers set forth on <u>Section</u> <u>1.01(a)</u> of the Disclosure Schedules.

"**Covered Indian Employee**" means each of the employees of India Seller set forth on <u>Section</u> <u>1.01(b)</u> of the Disclosure Schedules.

"**Cure Costs**" means any and all amounts, costs or expenses that must be paid or actions or obligations that must be performed or satisfied pursuant to the Bankruptcy Code to effectuate the assumption by TPI Parent (or a Debtor), and the assignment to Buyer or an affiliate designated by Buyer, of the Transferred Executory Contracts to which TPI Parent (or such Debtor) is party, as determined in accordance with the Bid Procedures or agreed to by TPI Parent (or such Debtor), on the one hand, and the non-Seller counterparty to the applicable Transferred Executory Contract, on the other hand.

"**Cure Notice**" has the meaning set forth in <u>Section</u> <u>2.04(b)</u>.

"**Danish Business Transfer Act**" means the Danish statutory order no. 710 as of 20 August 2002 on the legal status of employees in the event of a transfer of undertaking, which implements EU Directive 2001/23/EC as of 12 March 2001 on the approximation of the laws of the Member States relating to the safeguarding of employees' rights in the event of transfers of undertakings, businesses or parts of undertakings or businesses.

"**Danish Business Transfer Agreement**" means that certain business transfer agreement, to be entered into by Danish Seller and Buyer, in form and substance reasonably satisfactory to Danish Seller and Buyer.

"**Danish Seller**" means TPI Composites Denmark ApS, a Danish private limited company.

"**Data**" means databases and compilations, including all data and collections of data, whether machine readable or otherwise.

"**Data Protection Obligations**" means, to the extent applicable, the Payment Card Industry Data Security Standards and all applicable Laws, in each case, as amended, consolidated, re-enacted or replaced from time to time, that are related to the privacy, security, data-breach notification, protection, or Processing of Personal Data (including Laws of jurisdictions where Personal Data was collected), including, but not limited to, as applicable, the Federal Trade Commission Act, The Controlling the Assault of Non-Solicited Pornography And Marketing Act of 2003, California Consumer Privacy Act, the Telephone Consumer Protection Act, the Telemarketing and Consumer Fraud and Abuse Prevention Act, Children's Online Privacy Protection Act, the Gramm Leach Bliley Act, the Electronic Communications Privacy Act, the Fair Credit Reporting Act, the Fair and Accurate Credit Transaction Act, Ley General de Protección de Datos Personales en Posesión de Sujetos Obligados, the EU General Data Protection Regulation ("**GDPR**"), Federal Data Protection Act of 19 June 1992 (Switzerland), the GDPR as amended and incorporated into UK Law under the UK European Union (Withdrawal) Act 2018, and EU or EU Member state Laws, U.S. state data security Laws, U.S. state biometric privacy acts, U.S. state social security number protection Laws, and U.S. state data breach notification Laws.

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"**Debt**" means, without duplication, all monetary obligations of any nature (including principal and accrued interest related thereto), whether current or funded, secured or unsecured (a) for borrowed money, (b) evidenced by notes, bonds, debentures, mortgages or similar instruments, but excluding letters of credit to the extent not drawn upon, in each case, from third party lending sources, (c) under any leases required to be recorded as capital leases under GAAP, and (d) any guarantees made in respect of Debt of the type described in <u>clauses (a)</u>, <u>(b)</u> or <u>(c)</u> above. Notwithstanding the foregoing, "**Debt**" shall not include (i) trade payables not in the form of debt for borrowed money and (ii) any amounts included in Transaction Costs.

"**Debtor Seller Parties**" has the meaning set forth in the Recitals.

"**Debtors**" means TPI Parent and those certain Affiliates of TPI Parent set forth on <u>Schedule A</u>.

"**Designation Deadline**" means as soon as reasonably practicable and not later than ten (10) days following TPI Parent's delivery to Buyer of the Available Contract Schedule.

"**Designated Transferred Executory Contract**" means that certain Master Services Agreement, dated as of June 18, 2025, by and between TPI Parent and its affiliates and Diegza S.A. DE C.V. and its affiliates.

"**Disclosure Schedules**" means disclosure schedules dated as of the Agreement Date delivered by the Sellers to Buyer, that set forth, among other things, the applicable Transferred Assets, Excluded Assets, and Assumed Liabilities in accordance with <u>Section</u> <u>2.01</u>, which form a part of this Agreement.

"**Effective Time**" means 12:01 a.m. (local time) on the Closing Date.

"**Employee Plans**" means all employee benefit plans, funds, provisions, schemes or proposals provided by any Seller or any of its respective Affiliates to the Covered Indian Employees, Covered Danish Employee and the Covered Employees, and each other retirement, welfare benefit, bonus, stock option, stock purchase, restricted stock, incentive, deferred compensation, employment, retention, termination, or severance programs or agreements, in each case, pursuant to which such Seller currently has, or could reasonably be expected to have, any Liability for any Covered Indian Employees, Covered Danish Employee or Covered Employees or their respective dependents (contingent or otherwise).

"**Employee Transfer Agreement**" means, with respect to each Covered Indian Employee employed by India Seller, the tripartite agreement to be executed among such Seller, Buyer and such Covered Indian Employee recording the terms of transfer of employment of such Covered Indian Employee to Vestas India Buyer, in the form attached hereto as <u>Exhibit C</u>.

"**Equity Commitment Agreement**" means that certain Equity Commitment Agreement, dated as of the date hereof, by and among TPI Parent, TPI Mexico V, TPI Mexico VI and Buyer.

"**Excluded Assets**" has the meaning set forth in <u>Section</u> <u>2.01(c)</u>.

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"**Excluded Bad Actor Liabilities**" means any Liabilities arising from acts, omissions or other activities or circumstances of the Sellers, their Affiliates or any of their respective Representatives arising from or relating to (a) fraud, recklessness, gross negligence or willful misconduct, or (b) any actual or alleged criminal act, criminal conduct, or criminal violation of any applicable Law including (i) any fines, penalties, forfeitures, or assessments imposed by any Government Authority in connection with any criminal investigation, prosecution, or proceeding, (ii) any costs of defense, settlement amounts, judgments, or other amounts payable in connection with any criminal matter, and (iii) any Liabilities arising from or related to any plea, conviction, deferred prosecution agreement, non-prosecution agreement, or similar arrangement.

"**Excluded Liabilities**" has the meaning set forth in <u>Section</u> <u>2.01(e)</u>.

"**Exhibits**" means the exhibits to this Agreement (as may be amended from time to time in accordance herewith) which form a part of this Agreement.

"**GAAP**" means U.S. generally accepted accounting principles.

"**Government Authority**" means any U.S. federal, state or local or any supra-national or non-U.S. government, political subdivision, governmental, regulatory or administrative authority, instrumentality, agency, body or commission, self-regulatory organization or any court, tribunal, or judicial or arbitral body or any Taxing Authority.

"**GST**" means the taxes levied/payable in India under the framework of laws emanating from Central Goods and Service Tax Act 2017, the Integrated Goods and Service Tax Act 2017, the Union Territory Goods and Service Tax Act 2017, the Goods and Service Tax (Compensation to States) Act 2017, applicable State GST legislations and all the rules made thereunder, relevant notifications, press releases, circulars, instructions, clarifications, frequently asked questions and orders issued thereunder and any amendments made thereto.

"**Fraud**" has the meaning set forth in <u>Section</u> <u>12.05</u>.

"**IN Delivery Note**" has the meaning set forth in <u>Section</u> <u>3.02(a)(ii)</u>.

"**India Seller**" means TPI Global SSC India Private Limited, a private company organized under the laws of India.

"**Indian Income Tax Act**" shall mean the Income Tax Act 1961 of India, as may be amended or supplemented or replaced or substituted from time to time including any statutory modifications or re-enactment thereof, together with all applicable by-laws, rules (including Income Tax Rules 1962 of India), regulations, orders, ordinances, policies, directions and the like issued hereafter.

"**Intellectual Property**" means any and all intellectual property rights or similar proprietary rights throughout the world, including any and all: (a) patents and patent applications, including reissues, division, continuations, continuations-in-part, extensions and reexaminations; (b) copyrights, moral rights, mask work rights, database rights and design rights, including all applications, registrations, extensions, renewals and reversions of the foregoing; (c) Trademarks; (d) know-how and Trade Secrets; (e) Internet domain names; (f) rights in Software; (g)

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improvements to any of the foregoing; (h) rights to apply for, obtain, prosecute, register, maintain and defend any of the foregoing; (i) rights of publicity and rights of privacy; (j) rights to assert, claim or sue and collect damages for the past, present or future infringement, misappropriation or other violation of any of the foregoing; (k) rights in all of the foregoing provided by treaties, conventions and all other applicable Laws; and (l) all other intellectual property rights of any kind or nature including all such intellectual property rights in or relating to Technology.

"**Knowledge of the Sellers**" means the actual knowledge of William Siwek, Ryan Miller, Charles Stroo, James Schimanski, Steven Fishbach and Ernesto Garcia, and the knowledge such Persons would have after reasonable due inquiry of their direct reports generally knowledgeable about the subject matter in question.

"**Law**" means any U.S. or non-U.S. federal, state, or local statute, law, ordinance, regulation, rule, code, act, treaty, Order, or other requirement or rule of law (including common law) promulgated by a Government Authority.

"**Liabilities**" means any liability, Debt, guarantee, claim, demand, loss, damage, expense, fine, penalty, duty, responsibility, commitment, assurance or obligation (whether known or unknown, direct or indirect, fixed, absolute or contingent, matured or unmatured, accrued or unaccrued, asserted or unasserted, ascertained or ascertainable, disputed or undisputed, liquidated or unliquidated, secured or unsecured, joint or several, vested or unvested, executed, determined, determinable, in contract, tort, strict liability, or otherwise, or due or to become due, including any liability for Taxes, other than Transfer Taxes) of any kind, character, or description, including all costs and expenses related thereto.

"**Lien**" means any mortgage, deed of trust, pledge, hypothecation, security interest, encumbrance, license, claim, lien or charge of any kind.

"**Local Transfer Agreements**" means the Employee Transfer Agreement and the Danish Business Transfer Agreement.

"**Material Adverse Effect**" means any fact, event, change, effect, development, circumstance, or occurrence (each, a "**Change**") that, individually or in the aggregate, has had or would reasonably be expected to have a material adverse effect on the business, operations, properties, assets or condition (whether financial or otherwise) of the Business; <u>provided</u>, that, none of the following, either alone or in combination, will constitute a Material Adverse Effect: (a) any Change in the United States or foreign economies or securities or financial markets in general (including any decline in the price of securities generally or any market or index); (b) any Change that generally affects any industry in which the Business operates, or that is the result of general business or economic conditions in any of the geographical areas, in which the Business operates; (c) national or international political or social conditions, including any Change arising in connection with protests, civil unrest, riots, public disorder, hostilities, acts of war, sabotage or terrorism or military action or any escalation or material worsening of any such protests, civil unrest, riots, public disorder, hostilities, acts of war, sabotage or terrorism or military action, whether commenced before or after the date hereof and whether or not pursuant to the declaration of a national emergency or war; (d) the occurrence of any act of God or other calamity or force majeure event (whether or not declared as such), including any strike, labor dispute, civil

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disturbance, cyberattack, embargo, natural disaster, fire, flood, hurricane, tornado, or other weather event or any global health conditions (including any epidemic, pandemic or other outbreak of illness) or any action by any Government Authority related to the foregoing; (e) any actions taken by Buyer or expressly required to be taken or omitted to be taken by the Sellers pursuant to this Agreement or any other Transaction Agreement or actions taken or omitted to be taken by the Sellers at the written request or written consent of Buyer; (f) any Changes in applicable Laws or GAAP (or other relevant accounting rules); (g) any Change resulting from the filing or pendency of the Bankruptcy Cases; (h) any Change resulting from the public announcement of the entry into this Agreement, compliance with terms of this Agreement or the consummation of the Transactions; (i) any effects or Changes arising from or related to the breach of this Agreement by Buyer; or (j) the failure, in and of itself of any Seller or the Business to meet any internal or published projections, forecasts, budgets, guidance or predictions in respect of revenues, earnings or other financial or operating metrics; <u>provided</u>, <u>further</u>*,* that the exceptions set forth in <u>clauses (a)</u> through <u>(d)</u> of this definition shall not be regarded as exceptions solely to the extent that any such described Change has a disproportionately adverse impact on the Business or the Sellers, as compared to other companies similarly situated in the industries in which the Business or the Sellers operate.

"**Material Contract**" has the meaning set forth in Section 4.10.

"**Mexico Subsidiary**" means TPI-Composites, S. De R.L. de C.V., a company organized under the laws of Mexico.

"**Non-Debtor Seller Parties**" has the meaning set forth in the Preamble.

"**Non-Ordinary Course Employment Liabilities**" means all non-ordinary course Liabilities relating to employees, personnel, independent contractors, consultants, Employee Plans, or related matters, including those arising out of or relating to: (a) any act, omission, breach, violation of Law or Contract, or failure by any Seller to pay any amounts owed to any Covered Employee, Covered Indian Employee or Covered Danish Employee or to withhold applicable Taxes on any such amount on or prior to the Closing Date; (b) any delinquent or disputed compensation, wages, bonuses, commissions, incentives, or other remuneration attributable to any period on or prior to the Closing Date and payable to any Covered Employee, Covered Indian Employee or Covered Danish Employee; (c) any severance, separation, notice pay, retention, transaction bonus, change in control, stay bonus, or similar payment that is (i) payable (with notice or lapse of time or both) to any Covered Employee, Covered Indian Employee or Covered Danish Employee who is offered employment but does not become a Transferred Employee, and/or (ii) contemplated in <u>clause (b)</u> of the definition of Transaction Costs; (d) any misclassification claims, wage-and-hour claims, overtime claims, or claims relating to independent contractors, consultants, or leased employees; (e) any Employee Plans or any Liabilities relating thereto; or (f) any employment-related claims, grievances, arbitrations, investigations, or litigation arising from or relating to any period on or prior to the Closing Date, including claims for wrongful termination, discrimination, harassment, retaliation, or violation of employment Laws.

"**Nonparty Affiliates**" has the meaning set forth in <u>Section</u> <u>12.18</u>.

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"**Order**" means any order, writ, judgment, injunction, temporary restraining order, decree, stipulation, determination, settlement, or award entered by or with any Government Authority.

"**Outside Date**" has the meaning set forth in <u>Section</u> <u>11.01(d)</u>.

"**Party**" or "**Parties**" has the meaning set forth in the Preamble.

"**Person**" means any natural person, general or limited partnership, corporation, company, trust, limited liability company, limited liability partnership, firm, association, Government Authority, organization or other legal entity.

"**Personal Data**" means information that identifies or is reasonably capable of identifying an individual person, including, but not limited to: (a) personally identifiable information (*e.g.*, name, address, telephone number, email address, financial account number, medical or health information, government-issued identifier, and any other data used or reasonably capable of being used to identify, contact or precisely locate an individual person); (b) internet protocol address or other persistent identifier; and (c) any other definition for "personal information," "personal data," or another similar term provided by applicable Law.

"**Post-Closing Employment Transfer Date**" has the meaning set forth in <u>Section</u> <u>7.05</u>.

"**Post-Closing Tax Period**" means any taxable period beginning after the Closing Date and the portion of any Straddle Period beginning after the Closing Date.

"**Pre-Closing Period**" means the period beginning on the Agreement Date and ending on the earlier of the Closing Date and the date this Agreement is terminated in accordance with its terms.

"**Pre-Closing Tax Period**" means any taxable period ending on or before the Closing Date and the portion of any Straddle Period ending on and including the Closing Date.

**"Privacy Policies**" means all published, publicly posted, and written internal policies and notices of the Sellers concerning the collection, use, or Processing of Personal Data.

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"**Process**" or "**Processing**" means any operation or set of operations which is performed on Personal Data, whether or not by automated means, such as the receipt, access, acquisition, collection, recording, organization, compilation, structuring, storage, adaptation or alteration, retrieval, consultation, use, disclosure by transfer, transmission, dissemination or otherwise making available, alignment or combination, restriction, disposal, erasure or destruction of such Personal Data or sets of Personal Data.

"**Purchase Price**" has the meaning set forth in <u>Section</u> <u>3.01</u>.

"**Purchase Price Allocation**" has the meaning set forth in <u>Section</u> <u>3.03</u>.

"**Related to the Business**" means exclusively related to, exclusively held for use in, or exclusively used in connection with the Business.

"**Representative**" of a Person means the directors, officers, employees, advisors, agents, consultants, attorneys, accountants, financial advisors or other representatives of such Person.

"**Sale Order**" shall be an Order or Orders approved by the Bankruptcy Court, which approves the Transactions solely with respect to the rights and obligations of TPI Parent and each Debtor Seller Party in connection therewith, in form and substance reasonably acceptable to TPI Parent, the Debtor Seller Parties, and Buyer.

"**Seller Transaction Agreements**" means this Agreement and each other Transaction Agreement to which the Sellers are party thereto, including those contracts, agreements, instruments and documents required to be delivered pursuant to <u>Section</u> <u>3.02(a)</u>.

"**Seller Transactions**" means the transactions contemplated by the Seller Transaction Agreements.

"**Sellers**" has the meaning set forth in the Preamble.

"**Sellers' Bankers**" has the meaning set forth in <u>Section</u> <u>4.06</u>.

"**Software**" means all (a) computer programs, including all software implementation of algorithms, models and methodologies, whether in source code, object code, human readable form or other form, (b) descriptions, flow charts and other work products used to design, plan, organize and develop any of the foregoing, screens, user interfaces, report formats, firmware, development tools, templates, menus, buttons and icons, (c) databases and compilations, including any and all Data and collections of Data, whether machine readable or otherwise, (d) documentation including user manuals and other training documentation related to any of the foregoing, in each case, <u>clauses (a)</u> through <u>(d)</u>; and (e) Data, and does not include any commercially available, off-the-shelf software.

"**Straddle Period**" has the meaning set forth in <u>Section</u> <u>9.03</u>.

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"**Subsidiary**" of any specified Person means any other Person of which such first Person owns (either directly or through one or more other Subsidiaries) a majority of the outstanding equity securities or securities carrying a majority of the voting power in the election of the board of directors, the board of managers or other governing body of such Person, and with respect to which entity such first Person is not otherwise prohibited contractually or by other legally binding authority from exercising Control.

"**Tax**" or "**Taxes**" means any tax, including any U.S. and non-U.S. federal, state, county, local and municipal taxes, contributions, assessments, reassessments, duties or similar charges of any kind whatsoever, whether direct or indirect, including income, alternative or add-on minimum, excise, gross receipts, ad valorem, value-added (including VAT), sales, use, goods and services (including GST), production, employment, unemployment, severance, franchise, profits, registration, license, withholding, lease service, service use, environmental, recording, documentary, filing, permit or authorization, stamp, business and occupation, gains, property (including real or personal property) leasing, transfer, payroll, social security, or similar taxes, including FICA, housing fund National Institute for Workers' Dwelling (Instituto del Fondo Nacional de la Vivienda para los Trabajadores), retirement savings fund Retirement Savings System (Sistema de Ahorro para el Retiro), workers' consumption Institute for the National Fund for the Workers' Consumption (Instituto del Fondo Nacional para el Consumo de los Trabajadores), customs or governmental fees in the nature of a tax, together with any surcharges, interest, penalties, additions to tax or additional amounts imposed by any Taxing Authority with respect thereto or amounts arising due to any failure to comply with any requirement imposed by any Government Authority with respect to any Tax Return, in each case, whether disputed or not.

"**Tax Returns**" means all returns and reports (including elections, declarations, disclaimers, notices, disclosures, schedules, estimates, claims (including claims for refunds), real property transfer returns and information returns), including amendments thereof and attachments thereto, filed or supplied (or required to be filed or supplied) to a Taxing Authority relating to the determination, assessment, withholding, collection or administration of Taxes.

"**Taxing Authority**" means any U.S. or non-U.S. federal, state, county or municipal or other local government or subdivision, agency, commission or authority thereof, or any quasi-governmental body exercising tax and/or regulatory authority, imposing Taxes and the agencies, if any, charged with the collection of such Taxes for such jurisdiction.

"**Technology**" means all technology, Software, information, designs, formulas, algorithms, procedures, models, discoveries, processes, techniques, methods, ideas, know-how, technical Data, programs, subroutines, research and development, tools, materials, specifications, processes, inventions (whether patentable or unpatentable and whether or not reduced to practice), apparatus, creations, improvements, works of authorship, and other similar materials, and confidential, proprietary or non-public information, and all recordings, graphs, drawings, reports, analyses and other writings, and other tangible embodiments of the foregoing in any form whether or not listed herein, and all related technology, that are used in, incorporated in, embodied in, displayed by or relate to, or are used in connection with the foregoing.

"**Third Party Consents**" has the meaning set forth in <u>Section</u> <u>6.04</u>.

"**TPI Arizona**" means TPI Arizona, LLC, a Delaware limited liability company and a wholly owned subsidiary of TPI Parent.

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"**TPI Mexico Entities**" means, collectively, TPI Mexico V, TPI Mexico VI and the Mexico Subsidiary and each, a "**TPI Mexico Entity**".

"**TPI Mexico V**" means TPI Mexico V, LLC, a Delaware limited liability company and a wholly owned subsidiary of TPI Parent.

"**TPI Mexico VI**" means TPI Mexico VI, LLC, a Delaware limited liability company and a wholly owned subsidiary of TPI Parent.

"**TPI Parent**" has the meaning set forth in the Recitals.

"**Trade Secrets**" means all trade secrets, as defined in the Uniform Trade Secrets Act published by the Uniform Law Commission, as amended.

"**Trademarks**" means any and all trademarks, service marks, trade names, corporate names, trade dress and logos, including all applications, registrations, extensions and renewals of the foregoing and all goodwill associated with the foregoing.

"**Transaction Agreements**" means this Agreement, the Bill of Sale, Assignment and Assumption Agreement, the IN Delivery Note, the Employee Transfer Agreement, the Danish Business Transfer Agreement and any other contracts, agreements, instruments or documents required to be delivered at the Closing, in each case, including all exhibits and schedules thereto and all amendments thereto made in accordance with the respective terms thereof.

"**Transaction Costs**" means (a) to the extent not paid by the Sellers or their respective Affiliates prior to the Closing, without duplication, all fees and expenses that have been incurred in connection with Seller Transactions, the Transaction Agreements or any of the transactions contemplated by the Transaction Agreements, including any brokerage commissions, finders' fees, financial advisory fees, fees for counsel, accountants and other advisors, (b) the amount of any retention bonus, change of control payment, commission, stay bonus, transaction bonus, discretionary bonus, incentive bonus or compensation, deferred compensation payment or other similar payment or obligation of any kind payable by the Sellers or their respective Affiliates that becomes payable to any service provider of the Sellers or their respective Affiliates that is accelerated by or payable in connection with or as a result of the execution of this Agreement and/or the consummation of the transactions contemplated hereby, and (c) the employer's share of Taxes attributable to the payment of the amounts referred to in the preceding <u>clause (b)</u> above; <u>provided</u>, that "**Transaction Costs**" shall not include (i) any amounts included in Debt, (ii) Transfer Taxes or (iii) severance payment or obligations of the Buyer pursuant to <u>Section</u> <u>6.07</u>.

"**Transaction Dispute**" has the meaning set forth in <u>Section</u> <u>12.13</u>.

"**Transactions**" means the transactions contemplated by this Agreement and the other Transaction Agreements.

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"**Transfer Taxes**" means all sales, use, purchase, excise, gross receipts, ad valorem, direct or indirect real property, transfer, intangible, stamp, business and occupation, value added (including VAT), goods and services (including GST), customs and import duties, recording, documentary, filing, permit or authorization, leasing, license, lease, service, service use, severance, franchise, profits, gains, property registration, and similar non-income Taxes, motor vehicle registration, title recording and similar non-income Taxes or filing fees and other amounts payable in respect of transfer filings, in each case imposed or arising with respect to the Transactions or any component thereof, together with any interest and any penalties, additions to Tax or additional amounts imposed by any Government Authority with respect thereto; <u>provided</u>, for the avoidance of doubt, that Transfer Taxes does not include any Taxes imposed on the India Seller under the Indian Income Tax Act.

"**Transferred Assets**" has the meaning set forth in <u>Section</u> <u>2.01(b)</u>.

"**Transferred Books and Records**" means all books, records, files and papers, whether in hard copy or computer or digital format or any other form or medium, including sales and promotional literature, manuals and Data, sales and purchase correspondence, customer lists, lists of suppliers and personnel and employment records regarding Transferred Employees, in each case, other than any Excluded Assets.

"**Transferred Contracts**" has the meaning set forth in <u>Section</u> <u>2.01(b)</u>.

"**Transferred Covered Employees**" has the meaning set forth in <u>Section</u> <u>6.07(d)</u>.

"**Transferred Danish Employee**" has the meaning set forth in <u>Section</u> <u>6.07(c)</u>.

"**Transferred Debtor Assets**" has the meaning set forth in <u>Section</u> <u>2.01(b)</u>.

"**Transferred Employees**" means, collectively, the Transferred Indian Employees, the Transferred Danish Employee and the Transferred Covered Employees.

"**Transferred Executory Contract**" has the meaning set forth in <u>Section</u> <u>2.04(c)</u>.

"**Transferred IN Assets**" means the Transferred Assets to be transferred by India Seller.

"**Transferred Indian Employees**" has the meaning set forth in <u>Section</u> <u>6.07(a)</u>.

"**Transferred Non-Debtor Assets**" has the meaning set forth in <u>Section</u> <u>2.01</u>.

"**Undisclosed Contract**" has the meaning set forth in <u>Section</u> <u>2.04(b)</u>.

"**Union**" means any labor union, works council, personnel delegate, or other employee representative body.

"**U.S.**" means the United States of America.

"**VAT**" means value added tax and any similar sales or turnover tax of any jurisdiction.

"**Vestas India Buyer**" has the meaning set forth in <u>Section</u> <u>2.01</u>.

"**Wind-Up Date**" means, as to any given Seller, the date upon which such Seller's corporate existence or entity status ceases to exist.

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**ARTICLE II** 

**PURCHASE AND SALE; CLOSING** 

Section 2.01. <u>Purchase and Sale of Transferred Assets</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Transferred Non-Debtor Assets. On the terms and subject to the conditions set forth in this Agreement and subject to the exclusions set forth in Section 2.01(c) and Section 2.02, to the maximum extent permitted by applicable Law (including Data Protection Obligations), at the Closing, each Non-Debtor Seller Party shall sell, convey, assign, transfer and deliver to Buyer or a designated Affiliate of Buyer, including, with respect to the Transferred Assets of India Seller, an Affiliate of Buyer organized under the laws of India (the "Vestas India Buyer"), and Buyer shall or shall cause a designated Affiliate, including the Vestas India Buyer, as applicable, to purchase, acquire and accept from such Non-Debtor Seller Party, all of such applicable Non-Debtor Seller Party's right, title and interest in, to and under the following assets, as the same shall exist immediately prior to the Closing, free and clear of any and all Liens (other than Permitted Liens) in each case, other than the Excluded Assets (collectively, the "Transferred Non-Debtor Assets"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the assets of the Non-Debtor Seller Parties set forth on <u>Section</u> <u>2.01(a)(</u><u>i</u><u>)</u> of the Disclosure Schedules;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) to the maximum extent permitted by the Privacy Policies of the Non-Debtor Seller Parties, and applicable Law (including Data Protection Obligations) applicable to any Personal Data included in such Transferred Books and Records (including, as applicable, any past Privacy Policies in effect at the time of collection of such Personal Data that remain applicable to such Personal Data), the Transferred Books and Records;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) to the extent assignable under applicable Law, all rights of the Non-Debtor Seller Parties under any non-disclosure or confidentiality, non-compete or non-solicitation Contracts with Transferred Employees of the Non-Debtor Seller Parties; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) all claims, rights or interests of the Non-Debtor Seller Parties in or to any refund, rebate, abatement or other recovery for Taxes in respect of any Taxes that are Assumed Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Transferred Debtor Assets. On the terms and subject to the conditions set forth in this Agreement and subject to the exclusions set forth in Section 2.01(c) and Section 2.02, to the maximum extent permitted by the Bankruptcy Code and applicable Law (including Data Protection Obligations), at the Closing, each Debtor Seller Party shall sell, convey, assign, transfer and deliver to Buyer or a designated Affiliate of Buyer, and Buyer shall purchase, acquire and accept from such Debtor Seller Party, all of such applicable Debtor Seller Party's right, title and interest in, to and under the following assets, as the same shall exist immediately prior to the Closing free and clear of any and all Liens (other than Permitted Liens), in each case, other than the Excluded Assets (collectively, the "Transferred Debtor Assets" and together with the Transferred Non-Debtor Assets, the "Transferred Assets"):

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the Transferred Executory Contracts set forth on <u>Section</u> <u>2.01(b)(</u><u>i</u><u>)</u> of the Disclosure Schedules (the "**Transferred Contracts**");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) to the maximum extent assignable under applicable Law or the Bankruptcy Code, the assets of the Debtor Seller Parties set forth on <u>Section</u> <u>2.01(b)(ii)</u> of the Disclosure Schedules; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) to the maximum extent permitted by the Privacy Policies of the Debtor Seller Parties, and applicable Law (including Data Protection Obligations) applicable to any Personal Data included in such Transferred Books and Records (including, as applicable, any past Privacy Policies in effect at the time of collection of such Personal Data that remain applicable to such Personal Data), the Transferred Books and Records;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) to the extent assignable under applicable Law, all rights of the Debtor Seller Parties under any non-disclosure or confidentiality, non-compete or non-solicitation Contracts with Transferred Employees; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) all claims, rights or interests of the Debtor Seller Parties in or to any refund, rebate, abatement or other recovery for Taxes in respect of any Taxes that are Assumed Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Excluded Assets</u>. Other than the Transferred Assets, all other assets of any Seller shall be retained by such Seller (the "**Excluded Assets**"), including all Personal Data held by such Seller that is nontransferable under applicable Law (including Data Protection Obligations) or under the Privacy Policies of such Seller applicable to such Personal Data (including, as applicable, any past Privacy Policies in effect at the time of collection of such Personal Data that remain applicable to such Personal Data), including any Personal Data relating to Transferred Employees for which such Seller has not received express written consent from such employee to transfer such Personal Data to Buyer or its Affiliates.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Assumed Liabilities</u>. On the terms and subject to the conditions set forth in this Agreement, Buyer shall assume or shall cause a designated Affiliate of Buyer, including the Vestas India Buyer, as applicable, to assume at the Closing and thereafter timely pay, discharge and perform the following Liabilities of the Sellers (collectively, the "**Assumed Liabilities**"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) all Liabilities arising under any of the Transferred Assets, except to the extent (but subject to, and without any limitation of, the Assumed Liabilities set forth in <u>Section</u> <u>2.01(d)(v)</u>) such Liabilities are required to be performed on or prior to the Effective Time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) all Liabilities relating to Buyer's ownership or operation of the Transferred Assets, to the extent arising from events, facts or circumstances that occur from and after the Effective Time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) all Liabilities with respect to Transfer Taxes to be borne by Buyer pursuant to <u>Section</u> <u>9.02</u> and any Taxes to be borne by Buyer pursuant to <u>Section</u> <u>9.03</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) except with respect to Excluded Bad Actor Liabilities, rights of directors or officers of any of the Sellers who become Transferred Employees to indemnification and exculpation under the certificate of incorporation, bylaws or comparable organizational documents of such Seller, as applicable, now in effect and under applicable Law, solely to the extent such Persons are not covered by the Sellers' or its Affiliates' insurance coverage, or if such coverage is insufficient;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) all Cure Costs payable by Buyer pursuant to <u>Section</u> <u>2.04</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) all Liabilities assumed by Buyer pursuant to <u>Section</u> <u>6.07</u>; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) all Liabilities relating to amounts required to be paid by Buyer hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>Excluded Liabilities</u>. Notwithstanding any other provision of this Agreement, other than the Assumed Liabilities, none of Buyer nor any Affiliate of Buyer is assuming and none of them shall be responsible to pay, perform, or discharge, and none of Buyer nor any Affiliate of Buyer shall be or become liable for or subject to any Liabilities of the Sellers, whether known or unknown, contingent, matured or otherwise, whether currently existing or hereinafter created, (collectively, the "**Excluded Liabilities**"), including but not limited to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) any Liability of the Sellers for Taxes, except for those Liabilities explicitly assumed by Buyer pursuant to this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) any Liability expressly retained by the Sellers pursuant to <u>Section</u> <u>6.07</u>, including, but not limited to, any Liability relating to the Employee Plans, irrespective of when such Liabilities arise;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) any Liability relating to amounts to be paid by the Sellers or any of their respective Affiliates hereunder, including brokers' fees;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) all Liabilities owing to any agent, financial advisor, broker, finder, consultant, counsel, accountant or other third-party representative engaged or employed by the Sellers or any of their respective Affiliates in connection with the Transactions;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) all Non-Ordinary Course Employment Liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) all Debt of the Sellers, Debtor Seller Parties and any of their respective Affiliates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) all Liabilities (other than Cure Costs) incurred in connection with the initiation or conduct of the Bankruptcy Cases, including all Liabilities arising out of the consummation of a plan of reorganization, including any distributions or other actions taken by TPI Parent and its bankruptcy estate or the Debtor Seller Parties (whether existing as of the Agreement Date or arising in the future);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) except for Assumed Liabilities, any Liabilities arising out of an Action relating to or arising out of events occurring on or before the Effective Time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) all Transaction Costs; and

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) any Excluded Bad Actor Liabilities.

Section 2.02. <u>Assignment of Certain Transferred Assets</u> <u>and Transferred Contracts</u><u>.</u> Notwithstanding any other provision of this Agreement to the contrary, this Agreement shall not constitute an agreement to sell, convey, assign, transfer or deliver (a) any Transferred Asset or any claim or right or any benefit arising thereunder or resulting therefrom or (b) any Transferred Contract, in each case, if such attempted sale, conveyance, assignment, transfer or delivery thereof, without the Consent of a third party (including any Government Authority), would constitute a breach or other contravention thereof or a violation of applicable Law, Order or Transferred Contract. If, on the Closing Date, any such Consent has not been obtained such that an attempted sale, conveyance, transfer or assignment thereof would be ineffective or a violation of applicable Law or Order or Transferred Contract, the applicable Seller and Buyer will, subject to <u>Section</u> <u>6.04</u>, cooperate in good faith to promptly obtain such Consent and/or enter into a mutually agreeable arrangement under which, for up to six (6) months following Closing, (x) Buyer would, in compliance with applicable Law, obtain the benefits and assume the obligations and bear the economic burdens associated with such Transferred Asset or Transferred Contract in accordance with this Agreement, including, for example (and without limitation of other similar arrangements being employed instead and in place thereof), by subcontracting, sublicensing or subleasing such Transferred Asset or Transferred Contract to Buyer or a designated Affiliate of Buyer and/or (y) the applicable Seller would enforce for the benefit (and at the expense) of Buyer any and all of such Seller's (or Debtor Seller Party's) rights, claims or benefit against a third party associated with such Transferred Asset or Transferred Contract, and such party would promptly pay to Buyer when received all monies received by them under any such Transferred Asset, Contract, claim, right or benefit (net of the applicable Seller's expenses incurred in connection with any assignment or other performance contemplated by this <u>Section</u> <u>2.02</u>). If any such Consent is obtained following the Closing, such Seller shall sell, convey, assign, transfer and deliver to Buyer or an Affiliate designated by Buyer such Transferred Asset or Transferred Contract promptly after receipt of such Consent at no additional cost to Buyer.

Section 2.03. <u>Closing</u><u>.</u> The closing of the sale and purchase of the Transferred Assets and the assumption of the Assumed Liabilities (the "**Closing**") shall take place by telephone conference and electronic exchange of documents (or, if the Parties agree to hold a physical closing, at the offices of Weil, Gotshal & Manges LLP, 767 Fifth Avenue, New York, New York 10153), at 9:00 a.m. (New York City time) on the fifth (5<sup>th</sup>) Business Day following the date upon which all Closing Conditions are satisfied or waived in writing (to the extent permitted by applicable Law) in accordance with <u>Article X</u> (other than those Closing Conditions that by their nature can only be satisfied at the Closing, but subject to the satisfaction or waiver of those Closing Conditions at such time), or on such other date or at such other time or place as the Parties may agree in writing. The date on which the Closing occurs is referred to in this Agreement as the "**Closing Date**." For all purposes under this Agreement and each other Transaction Agreement, (a) except as otherwise expressly provided in this Agreement or such other Transaction Agreements, all matters at the Closing will be considered to take place simultaneously and (b) the Closing shall be deemed effective as of the Effective Time.

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Section 2.04. <u>Designated Contracts; Cure Costs</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Payment of Cure Costs</u>. Subject to <u>Section</u> <u>2.02</u>, at Closing and pursuant to Section 365 of the Bankruptcy Code and the Sale Order, TPI Parent shall and shall cause each Debtor Seller Party to assume and, effective as of the Closing, assign to Buyer or an Affiliate designated by Buyer, and Buyer or an Affiliate designated by Buyer shall assume from such applicable Debtor Seller Party the Transferred Executory Contracts to which the applicable Debtor Seller Party is party. All Cure Costs shall be paid by Buyer at or after Closing in accordance with the procedures set forth in the Sale Order or, if a cure objection has not been finally resolved as of the Closing, in accordance with <u>Section</u> <u>2.04(c)</u> and none of the Sellers or their respective Affiliates shall have any Liability therefor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Available Contract Schedule</u>. On December 12, 2025, TPI Parent (i) filed with the Bankruptcy Court a list of all executory Contracts to which a Debtor is party and the proposed amount of the Cure Costs associated with each of such executory Contracts and (ii) served written notice to the non-Debtor counterparty (a "**Cure Notice**") of each such executory Contract, in accordance with the Bidding Procedures Order. On or promptly following the date hereof, TPI Parent shall deliver to Buyer a list of each executory Contract that is Related to the Business (each, an "**Available Executory Contract**" and such list, the "**Available Contract Schedule**"). If, at any time following the Designation Deadline and prior to the Closing Date, TPI Parent becomes aware that it or any Debtor is a party to an Available Executory Contract that is not listed on the Available Contract Schedule (each, an "**Undisclosed Contract**"), TPI Parent will promptly update the Available Contract Schedule with respect to such Undisclosed Contract and (i) file with the Bankruptcy Court such updated Available Contract Schedule and (ii) serve a Cure Notice, which notice shall include such updated Available Contract Schedule, to the non-Debtor counterparty(ies) to such Undisclosed Contract.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Treatment of Undisclosed Contracts</u>. Buyer may elect, by written notice to TPI Parent, an Undisclosed Contract it wishes to acquire and have assigned to it or one of its Affiliates on the Closing Date (each such Contract and the Designated Transferred Executory Contract, a "**Transferred Executory Contract**") to be a Transferred Executory Contract within fourteen (14) days of TPI Parent's notice to Buyer of its discovery thereof (but in any event, prior to Closing), following which TPI Parent shall promptly file (or cause to be filed) with the Bankruptcy Court and serve upon the non-Debtor counterparty an amended notice of assumption clearly reflecting the addition of such Undisclosed Contract. In the event the non-Debtor counterparty does not timely object to the Cure Notice, the Undisclosed Contract shall be assumed by the applicable Debtor and be assigned to Buyer or an Affiliate designated by Buyer effective as of the date the amended notice of assumption listing such Undisclosed Contract was filed. In the event the non-Debtor counterparty timely objects to the Cure Notice, the transfer of such Undisclosed Contract will not occur until the Bankruptcy Court rules on the pending objection or the objection is resolved in a manner mutually acceptable to Buyer, TPI Parent and the non-Debtor counterparty (with an effective assumption and assignment date to be agreed to by Buyer, TPI Parent and non-Debtor counterparty or ordered by the Bankruptcy Court). Buyer shall pay or cause to be paid Cure Costs in respect of any Undisclosed Contract that becomes a Transferred Executory Contract. Any Debtor that assumes and assigns an Undisclosed Contract to Buyer shall be deemed a Debtor Seller Party under this Agreement and a party to the Bill of Sale, Assignment and Assumption Agreement.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Resolution of Cure Disputes</u>. If any objections are filed by, or received from, any non-Debtor counterparty in response to a Cure Notice, the applicable Debtor will use commercially reasonable efforts to resolve any such objections with such non-Debtor counterparty. TPI Parent shall not resolve any such objection without Buyer's consent to the terms of the resolution, provided that such consent shall not be unreasonably withheld, conditioned or delayed. If any such cure objection is not consensually resolved or finally determined by the Bankruptcy Court prior to the Closing Date with respect to any Transferred Executory Contract, so long as Buyer (x) pays or causes to be paid on or before the Closing Date such non-Debtor counterparty an amount equal to the undisputed portion of Cure Costs payable with respect to such Transferred Executory Contract and (y) appropriately reserves funding for the disputed portion of such Cure Costs pending resolution of such cure objection, subject to entry by the Bankruptcy Court of the Sale Order, the applicable Debtor shall assume and assign such Transferred Executory Contract to Buyer or an Affiliate designated by Buyer at the Closing, and upon either the consensual resolution or final determination by the Bankruptcy Court of such cure objection, Buyer shall promptly pay or cause to be paid to such non-Debtor counterparty any remaining Cure Costs owing to such non-Debtor counterparty with respect to such Transferred Executory Contract.

Section 2.05. <u>Withholding</u>. Neither Buyer nor any of its Affiliates shall be entitled to deduct or withhold Taxes from any payments made under this Agreement except as required by applicable Law relating to Taxes. If any applicable Law relating to Taxes requires the deduction or withholding of any Tax from any such payments, then Buyer or any of its Affiliates shall be entitled to make such deduction or withholding and any such amounts deducted or withheld amounts shall be treated for all purposes of this Agreement as having been paid by Buyer or any of its Affiliates to the recipient in respect of which such deduction and withholding was made; <u>provided</u>, <u>however</u>, that Buyer shall (a) use commercially reasonable efforts to cooperate with the Sellers to reduce such potential withholding, including through accepting any duly completed and executed relevant form establishing an entitlement to reduce withholding under applicable Law, (b) timely pay such amounts withheld to the applicable Government Authority, and (c) provide the Sellers with an original or certified copy of a receipt evidencing such timely payment to the applicable Government Authority. Notwithstanding the foregoing, this <u>Section</u> <u>2.05</u> shall not apply with respect to the deduction or withholding of any Transfer Taxes, which shall be governed by <u>Section</u> <u>9.02</u>.

**ARTICLE III** 

**PURCHASE PRICE** 

Section 3.01. <u>Purchase Price</u>. The aggregate consideration to be paid by Buyer for the sale of all of the Transferred Assets shall be an amount in cash equal to $1.00 (subject to <u>Section</u> <u>2.05</u>) (the "**Purchase Price**") <u>plus</u> the assumption of the Assumed Liabilities.

Section 3.02. <u>Certain Closing Deliverables</u>. At the Closing:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the applicable Sellers shall deliver or cause to be delivered to Buyer the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) a counterpart of the Bill of Sale, Assignment and Assumption Agreement for the Transferred Assets, in the form attached hereto as <u>Exhibit A</u> (the "**Bill of Sale, Assignment and Assumption Agreement**"), duly executed by each Seller selling, conveying or transferring any Transferred Asset;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) a counterpart to the Delivery Note, in the form attached hereto as <u>Exhibit B</u> (the "**IN Delivery Note**") evidencing the delivery of such Transferred Assets of India Seller, which are capable of transfer by actual or constructive delivery with the intent that title in such Transferred IN Assets shall pass by and upon delivery of actual or constructive possession, duly executed by India Seller;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) a counterpart to the Danish Business Transfer Agreement, duly executed by Danish Seller;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) the officer's certificates required to be delivered pursuant to <u>Section</u> <u>10.02(a)(v)</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) all required Transfer Tax stamps and transfer forms (if any), unless under applicable Law such Transfer Tax stamps or duly stamped transfer forms are only available post-Closing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) an IRS Form W-9 from TPI Parent and each Debtor Seller Party that is selling, conveying or transferring any Transferred Debtor Assets;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) an IRS Form W-8BEN-E from each Non-Debtor Seller Party selling, conveying or transferring any Transferred Non-Debtor Assets;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) evidence, in form and substance reasonably satisfactory to Buyer, that the consents, approvals, or waivers set forth on <u>Section</u> <u>3.02(a)(viii)</u> of the Disclosure Schedules have been duly obtained and are in full force and effect; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) such other instruments of conveyance or transfer, in form and substance reasonably acceptable to the Sellers and Buyer, as may be necessary to convey the Transferred Assets to Buyer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Buyer shall deliver or cause to be delivered to the Sellers the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) an amount equal to the Purchase Price, by wire transfer of immediately available funds to an account or accounts as directed by TPI Parent in writing prior to the Closing Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) a counterpart of the Bill of Sale, Assignment and Assumption Agreement, duly executed by Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) a counterpart of the IN Delivery Note, duly executed by the Vestas India Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) a counterpart to the Danish Business Transfer Agreement, duly executed by Buyer; and

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) the officer's certificate required to be delivered to the Sellers pursuant to <u>Section</u> <u>10.01(a)(v)</u>.

Section 3.03. <u>Purchase Price Allocation</u>. Buyer and the Sellers agree to allocate the Purchase Price (as finally determined hereunder), the Assumed Liabilities, and all other relevant items among and between the Transferred Assets in accordance with the allocation under this <u>Section</u> <u>3.03</u>. Reasonably in advance of the Closing Date, the Sellers shall deliver to Buyer its proposed allocation, based on their good faith determination of the value of the Transferred Assets for review and comment. Buyer and the Sellers shall mutually cooperate to resolve any differences in good faith, with the objective of having an agreed tentative allocation at least five (5) Business Days prior to the Closing, which shall govern, pending the final allocation, except as provided below with respect to the failure to agree on a final allocation. In absence of an agreed tentative allocation, the Sellers' allocation (as adjusted after giving good faith consideration to any Buyer comments, which allocation shall be delivered to Buyer no later than two (2) Business Days prior to the Closing) shall govern, pending the final allocation, except as provided below with respect to the failure to agree on a final allocation. Accordingly, the tentative allocation shall govern the initial remittance of any Transfer Taxes, subject to adjustment in accordance with the later determined final allocation. No later than thirty (30) Business Days after Closing, Buyer shall deliver to the Sellers a proposed final allocation of the Purchase Price and the Assumed Liabilities (and all other relevant items) as of the Closing Date among and between the Transferred Assets determined in a manner consistent with the agreed tentative allocation. Buyer and the Sellers shall negotiate in good faith to agree on a final allocation for a period of forty-five (45) days following Buyer's delivery of the draft of the proposed final allocation (as agreed during such period, the "**Purchase Price Allocation**"). The Purchase Price Allocation shall be conclusive and binding on the Parties. None of the Parties shall take any position inconsistent with the Purchase Price Allocation, if any, on any Tax Return or in any audit or Tax proceeding, unless otherwise required by a final determination by a Government Authority. Notwithstanding any other provision of this Agreement, the terms and provisions of this <u>Section</u> <u>3.03</u> shall survive the Closing without limitation. In the event the Buyer and Sellers are unable to agree upon a final allocation, each such party shall make its own determination of the proper allocation in good faith consistent with the agreed tentative allocation, or in the absence of an agreed tentative allocation, in good faith based on such party's good faith determination of value of the Transferred Assets.

**ARTICLE IV** 

**REPRESENTATIONS AND WARRANTIES OF THE SELLERS** 

Each Seller hereby represents and warrants to Buyer, severally and not jointly, that, except as set forth in the Disclosure Schedules (as applicable to such Seller):

Section 4.01. <u>Formation and Authority of the Sellers; Enforceability</u>. Each Seller is a corporation or other entity duly incorporated, formed or organized, validly existing and, to the extent legally applicable, in good standing under the Laws of its jurisdiction of incorporation, formation or organization. Except for such authorizations required by the Bankruptcy Court, (a) such Seller, and (b) each Debtor Seller Party, has the requisite power, legal capacity and authority to execute, deliver and perform its obligations under this Agreement and will have prior to the Closing the requisite corporate or other appropriate power and authority to execute, deliver and

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perform its obligations under the other Seller Transaction Agreements to which it is a party (including the consummation of the Seller Transactions). Each Seller has the requisite power, legal capacity and authority to own, lease and operate its business as now conducted, including with respect to the Transferred Assets, and is duly qualified as a foreign corporation or other entity or organization to do business, and to the extent legally applicable, is in good standing in each jurisdiction in which the character of its owned, operated or leased properties or the nature of its activities makes such qualification necessary, except for jurisdictions where the failure to be so qualified or in good standing has not had or would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. The execution, delivery and performance by each Seller of the Seller Transaction Agreements (including the consummation of the Seller Transactions) to which it is a party have been, or will be prior to the Closing, duly authorized by all requisite corporate or organizational action on the part of such Seller, and no approval by such Seller's shareholder(s) or governing body is required in connection with such Seller's execution, delivery and performance of the Seller Transaction Agreements. Except for such authorizations as may be required by the Bankruptcy Court, this Agreement has been duly executed and delivered by each Seller, and upon execution and delivery thereof, the other Seller Transaction Agreements will be duly executed and delivered by such Seller, as applicable, and (assuming due authorization, execution and delivery thereof by the other parties hereto and thereto) this Agreement constitutes, and upon execution and delivery, the other Seller Transaction Agreements will constitute, legal, valid and binding obligations of each Seller, enforceable against such Seller in accordance with their respective terms, subject to the Bankruptcy and Equity Exception.

Section 4.02. <u>No Conflict</u>. Provided that all Consents, waivers and other actions listed on <u>Section</u> <u>4.02</u> or <u>Section</u> <u>4.03</u> of the Disclosure Schedules have been obtained or satisfied, the execution, delivery and performance by each Seller of the Seller Transaction Agreements (including the consummation of the Seller Transactions) do not and will not:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) violate or conflict with the certificate or articles of incorporation or bylaws or similar organizational or governing documents of such Seller;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) violate in any material respect any Law or Order applicable to such Seller or the Business, or by which the Transferred Assets are bound or subject; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) violate, conflict with, result in a breach of or constitute a violation or default (or, any event that, with notice or lapse of time or both, would constitute a default) under, or give rise to any right to terminate, cancel or accelerate, or result in a loss of a benefit under any Transferred Contract to which such Seller or any of its Subsidiaries or Affiliates is a party or by which any of the Transferred Assets is bound.

Section 4.03. <u>Consents and Approvals</u>. Except as set forth on <u>Section</u> <u>4.03</u> of the Disclosure Schedules, the execution, delivery and performance by each Seller of the Seller Transaction Agreements (including the consummation of the Seller Transactions) do not and will not require any Consent, waiver, or other action from or by, or any filing with or notification to, any Government Authority by such Seller, except (a) in connection with applicable filing, notification, waiting period or approval requirements under applicable Antitrust Laws, (b) where the lack of any such Consent, waiver, or other action or filing or notification would not, individually or in the aggregate, reasonably be expected to be material to the Business or to prevent, materially delay or materially impair such Seller's ability to consummate the Transactions or perform its obligation under the Seller Transaction Agreements to which it is a party, or (c) as may be necessary solely and exclusively as a result of any facts or circumstances relating to Buyer or its Affiliates.

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Section 4.04. <u>Absence of Certain Changes or Events</u>. Except as contemplated by the Transaction Agreements, or in connection with the negotiation and execution of the Transaction Agreements, the filing of the Bankruptcy Cases or the consummation of the Transactions, since April 30, 2025 (a) through the Agreement Date, each Seller is conducting the Business in all material respects in the ordinary course of business, (b) through the Agreement Date there has not been a Material Adverse Effect, and (c) there has been no change in any method of accounting or accounting practice of such Seller, except as required by GAAP or applicable Law.

Section 4.05. <u>Absence of Litigation</u>. Other than the Bankruptcy Cases and any adversary proceedings or contested motions commenced in connection therewith, there are no Actions or Orders pending, existing or, threatened in writing against any Seller, in each case, that would or would reasonably be expected to materially prevent, delay or impair such Seller's ability to consummate the Transactions or perform its obligations under the Transaction Agreements. Except as set forth on <u>Section</u> <u>4.05</u> of the Disclosure Schedules, there are no material Actions or Orders pending, existing or threatened in writing against any Seller (with respect to the Business).

Section 4.06. <u>Brokers</u>. Except for fees and expenses of Jefferies LLC and Alvarez & Marsal North America, LLC (the "**Sellers' Bankers**") (whose fees and expenses shall be solely borne by the Sellers as a Transaction Cost), no broker, finder or investment banker is entitled to any brokerage, finder's or other fee or commission from the Sellers or any of its respective Affiliates in connection with the Transactions and no broker, finder or investment banker, other than the Sellers' Bankers has acted for or on behalf of the Sellers, or any of their Affiliates in connection with the Transactions.

Section 4.07. <u>Title</u>. Each Seller has good title to, free and clear of any Liens (other than Permitted Liens) or a valid leasehold interest in or license to all Transferred Assets (including (i) any personal property leased pursuant to a Transferred Contract and (ii) any Intellectual Property licensed pursuant to a Transferred Contract) that are owned by or otherwise made available to such Seller, and at the Closing, subject to <u>Section</u> <u>2.02</u>, Buyer will own good and valid title to each of the Transferred Assets or will be vested with good and valid title to the Transferred Assets or have a valid leasehold interest in or license to the Transferred Assets free and clear of all Liens (other than Permitted Liens).

Section 4.08. <u>Compliance with Laws</u>. Each Seller and its Affiliates is not in violation of any Laws or Orders applicable to such Seller's conduct of the Business in any material respect. Such Seller and its Affiliates have not received any written notice of or been charged with the violation of any Laws or Orders, except where such violation would not, individually or in the aggregate, reasonably be expected to be material to the Business.

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Section 4.09. <u>Privacy and Data Protection</u>. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, to the Knowledge of Sellers, with respect to Personal Data contained in the Transferred Assets, the Sellers have, during the two (2) years preceding the date hereof: (a) complied with all Data Protection Obligations; (b) had commercially reasonable safeguards in place designed to protect Personal Data in the possession or under the control of the Sellers against loss, theft, or unauthorized disclosure; (c) not experienced any security breach; and (d) not received any written notice of any claims alleging any violation of any Data Protection Obligations by the Sellers.

Section 4.10. <u>Material Contracts</u>. 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Section 4.10</u> of the Disclosure Schedules lists the following Contracts to which any Seller is a party solely to the extent such Contracts are Related to the Business (such Contracts, the "**Material Contracts**"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Contracts, other than Employee Plans, with any current or former officer, employee or director of any TPI Mexico Entity;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) any Collective Bargaining Agreements with Unions currently representing any Transferred Employee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Contracts to sell (including Contracts to assign or sublease any material Leased Real Property) or otherwise dispose (other than a non-exclusive license or sublicense) of any material assets or properties of the TPI Mexico Entities, other than in the ordinary course of business, which Contracts have obligations that have not been satisfied or performed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Contracts relating to the acquisition by any TPI Mexico Entity of any operating business or the capital stock of any other Person, in each case, and for which the acquisition is still pending;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) other than (x) that certain Super-Priority Senior Secured Priming Debtor-in-Possession Credit Agreement and Guaranty, dated as of August 14, 2025 (as the same may be amended, restated, amended and restated, supplemented or otherwise modified from time to time), by and among TPI Parent, the subsidiary guarantors party thereto, lenders party to the Credit Agreement (collectively, the "**Lenders**"), and OAKTREE FUND ADMINISTRATION, LLC, as administrative Agent for the Lenders, and that certain Credit Agreement and Guaranty, dated as of December 14, 2023 (as amended, restated, amended and restated, modified, or supplemented from time to time prior to the date hereof), by and among, TPI Parent, subsidiary guarantors party thereto, the lenders from time to time party thereto OAKTREE FUND ADMINISTRATION, LLC, as administrative agent for the Lenders, (y) intercompany Debt made or (z) incurred in the ordinary course or in accordance with any Order of the Bankruptcy Court, Contracts relating to the incurrence of Debt or the making of any loans;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) Contracts (or series of Contracts with the same counterparty), (1) to purchase goods or products from a supplier that will result in purchases or expenditures by TPI Parent and the TPI Mexico Entities in an aggregate amount that exceeds $100,000 annually or (2) to sell goods or products to a customer that will result in sales by TPI Parent and the TPI Mexico Entities, and, in the case of (1) and (2), extends or requires performance by any party thereto for more than one (1) year from the date hereof and are not terminable by TPI Parent or applicable TPI Mexico Entity party thereto without penalty on less than ninety (90) days' notice;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) Contracts to enter into any commitment for capital expenditures outside of the ordinary course of business, in excess of $100,000; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) Contracts with any Government Authority that will result in sales by the Sellers in excess of $10,000 annually.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Each Material Contract is a legal, valid and binding obligation of the Seller party thereto, and, to the Knowledge of the Sellers, each other party to such Transferred Contract, and is enforceable against such Seller, and, to the Knowledge of the Sellers, each other party to such Material Contract, in accordance with its terms, subject, in each case, to the Bankruptcy and Equity Exception.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) To the Knowledge of the Sellers, none of the Sellers has received or delivered any notice of any material default or event that with notice or lapse of time or both would constitute a material default under any Material Contract, except for defaults that would not, individually or in the aggregate, reasonably be expected to be material to the Business.

Section 4.11. <u>Employment and Employee Benefits Matters</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) As of the date hereof, there are no Employee Plans exclusively covering any Covered Indian Employees, Covered Danish Employee or Covered Employees, or, in each case, the dependents or beneficiaries of the foregoing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Section 4.11(b)</u> of the Disclosure Schedules sets forth a list, as of the date of this Agreement of all Covered Indian Employees, Covered Danish Employee and Covered Employees, specifying (i) job title, (ii) status (e.g., full-time regular, part-time regular, variable, seasonal, temporary, leased), (iii) work location (city, state and country), (iv) hire date, (v) classification under the Fair Labor Standards Act and any similar applicable Law (i.e., exempt, non-exempt), (vi) leave of absence status (including type and anticipated return date, if applicable), (vii) employing entity and (viii) whether such Person holds a work visa, permit or other similar approval.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) As of the date hereof, there are no individual independent contractors or consultants of the Sellers or Debtor Seller Parties who primarily provide services to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) No Seller is party to or bound by any Collective Bargaining Agreement or other Contract with a Union and no Covered Employee, Covered Indian Employee or Covered Danish Employee is represented by a Union with respect to their employment with such Seller. To the Knowledge of the Sellers, there is no effort currently being made or threatened by, or on behalf of, any Union to organize any Covered Employee, Covered Indian Employee or Covered Danish Employee, and there has been no such effort during the past three (3) years.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) There are no: (i) strikes, concerted work stoppages, concerted work slowdowns or lockouts pending, or, to the Knowledge of the Sellers, threatened against such Seller, or (ii) Actions or Orders or any other unfair labor practice charges, labor grievances or arbitrations pending, or, to the Knowledge of the Sellers, threatened. Each Seller and its respective Affiliates are, and has been for the past three (3) years, in compliance in all material respects with all employment Laws with respect to the Covered Employees, Covered Indian Employee, Covered Danish Employee, and individual independent contractors or consultants who, in each case, primarily provides services to the Business.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) With respect to the Covered Employees, Covered Indian Employees and Covered Danish Employee: (i) there has been no plant closing or mass layoff within the last twelve (12) months; and (ii) there has been no temporary furlough, layoff or plant closing within the last six (6) months which the Sellers now reasonably believes will last longer than six (6) months beyond the time period during which the furlough, layoff or plant closing was implemented.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) As of the Closing Date, except as would not result in material liability for the Sellers or the Business, the Sellers will have paid in full (i) to any Covered Employee, Covered Indian Employee or Covered Danish Employee, any wages, salaries, commissions, bonuses and compensation due and payable prior to the Closing Date and (ii) to all independent contractors, consultants, and temporary employees exclusively performing services for the Business, any fees for services that are due and payable prior to the Closing Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) To the Knowledge of the Sellers, neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby could (either alone or in conjunction with any other event) result in, accelerate the vesting, funding, or delivery of, or increase the amount or value of, any payment, severance, or benefit to any Covered Employee, Covered Indian Employee or Covered Danish Employee.

Section 4.12. <u>Taxes</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Each Seller, solely with respect to the Business or the Transferred Assets, has timely filed all material Tax Returns required to be filed, taking into account any extensions of time to file such Tax Returns. All material amounts of Taxes (shown as due on such Tax Returns) due and payable by any Seller with respect to the Business or the Transferred Assets have been timely paid (taking into account permitted extensions) other than with respect to any Taxes the payment of which was precluded by reason of the Bankruptcy Cases.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) No material deficiencies for any Taxes have been proposed, asserted or assessed, in each case, in writing, by a Taxing Authority against any Seller that are still pending with respect to the Business or the Transferred Assets, and there are no currently ongoing or pending proceedings, investigations, audits or claims by any Taxing Authority in respect of any Taxes relating to the Business or the Transferred Assets, other than any proposed or asserted claims for Taxes filed by any Taxing Authority with the Bankruptcy Court.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) No Seller (in respect of the Business or the Transferred Assets) has entered into any written Contract or other arrangement, executed any waiver, to the Knowledge of the Sellers, or otherwise taken any action, that is currently in effect, providing for any extension of time, other than any automatic extension of time, within which (x) to file any Tax Return, (y) to pay any material amount Taxes or (z) any Taxing Authority may assess or collect Taxes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) There are no Liens for Taxes on the Transferred Assets other than Permitted Liens.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Each Seller (in respect of the Business or the Transferred Assets) has complied in all material respects with all applicable withholding obligations for Taxes required to have been withheld in connection with amounts paid to any employee or independent contractor, in each case, of such Seller.

Section 4.13. <u>No Other Representations or Warranties</u>. Except for the representations and warranties expressly set forth in this <u>Article IV</u> (as modified by the Disclosure Schedules) or any other Transaction Agreement, neither such Seller nor any other Person has made, makes or shall be deemed to make any other representation or warranty of any kind whatsoever, express or implied, written or oral, at Law or in equity, on behalf of such Seller or any of its respective Affiliates, including any representation or warranty regarding such Seller, or any other Person, any Transferred Assets, any Liabilities of such Seller, including any Assumed Liabilities, the Business, any Transaction, any other rights or obligations to be transferred pursuant to the Transaction Agreements or any other matter, and each Seller hereby disclaims all other representations and warranties of any kind whatsoever, express or implied, written or oral, at Law or in equity, whether made by or on behalf of the Sellers or any other Person, including any of its Representatives. Except for the representations and warranties expressly set forth in this <u>Article IV</u> (as modified by the Disclosure Schedules) or any other Transaction Agreement, each Seller hereby (a) disclaims and negates any representation or warranty, expressed or implied, at common law, by statute, or otherwise, relating to the condition of the Transferred Assets or the Business, and (b) disclaims all Liability and responsibility for all projections, forecasts, estimates, financial statements, financial information, appraisals, statements, promises, advice, Data or information made, communicated or furnished (orally or in writing, including electronically) to Buyer or any of Buyer's Affiliates or any Representatives of Buyer or any of Buyer's Affiliates (including any opinion, information, projection, or advice that may have been or may be provided to Buyer by any Representative of the Sellers), including omissions therefrom. Without limiting the foregoing, the Sellers do not make any representation or warranty of any kind whatsoever, express or implied, written or oral, at Law or in equity, to Buyer or any of its Affiliates or any Representatives of Buyer of any of its Affiliates regarding the probable success, profitability or value of the Transferred Assets or the Business. Notwithstanding anything in this Agreement or in any other Transaction Agreement to the contrary, nothing in this Agreement shall limit any rights or claims a Person may have in respect of Fraud.

**ARTICLE V** 

**REPRESENTATIONS AND WARRANTIES OF BUYER** 

Buyer hereby represents and warrants to the Sellers that:

Section 5.01. <u>Formation and Authority of Buyer; Enforceability</u>. Buyer is a corporation or other entity duly incorporated, formed or organized, validly existing and, to the extent legally applicable, in good standing under the Laws of its jurisdiction of incorporation, formation or organization and has the requisite corporate or other appropriate power and authority to execute, deliver and perform its obligations under the Buyer Transaction Agreements (including the consummation of the Buyer Transactions). The execution, delivery and performance of the Buyer Transaction Agreements by Buyer (including the consummation of the Buyer Transactions) have been or will be prior to Closing, as applicable, duly authorized by all requisite corporate or organizational action on the part of Buyer. This Agreement has been, and upon execution and

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delivery thereof, the other Buyer Transaction Agreements will be, duly executed and delivered by Buyer, and (assuming due authorization, execution and delivery by the other parties hereto and thereto) this Agreement constitutes, and upon execution and delivery thereof, the other Buyer Transaction Agreements will constitute, legal, valid and binding obligations of Buyer enforceable against Buyer in accordance with their respective terms, subject to the Bankruptcy and Equity Exception.

Section 5.02. <u>No Conflict</u>. Provided that all Consents, waivers and other actions described in <u>Section</u> <u>5.03</u> have been obtained, the execution, delivery and performance by Buyer of the Buyer Transaction Agreements do not and will not:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) violate or conflict with in any material respect the certificate or articles of incorporation or bylaws or similar organizational documents of Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) violate in any material respect any Law or Order applicable to Buyer; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) violate or conflict with, result in any breach of, or constitute a violation or default (or, any event that, with notice or lapse of time, or both would constitute a default) under, or give to any Person any right to terminate, accelerate or cancel, or a loss of a material benefit under any material Contract to which Buyer or any of its Subsidiaries or Affiliates is a party or by which any of such assets or properties is bound, except for any such conflicts, violations, terminations, cancellations, breaches, defaults, accelerations, or Liens as would not materially impair or delay the ability of Buyer to consummate the Buyer Transactions or otherwise perform its obligations under the Buyer Transaction Agreements.

Section 5.03. <u>Consents and Approvals</u>. The execution, delivery and performance by Buyer of the Buyer Transaction Agreements do not and will not require any Consent, waiver or other action by, or any filing with or notification to, any Government Authority, except (a) in connection with applicable filing, notification, waiting period or approval requirements under applicable Antitrust Laws or (b) where the failure to obtain such Consent or waiver, to take such action, or to make such filing or notification, would not prevent or materially impair or delay the ability of Buyer to consummate the Buyer Transactions or otherwise perform its obligations under the Buyer Transaction Agreements.

Section 5.04. <u>Absence of</u> <u>Litigation</u>. There are no Actions or Orders pending, existing or threatened in writing against Buyer, in each case, that would materially prevent, delay or impair Buyer's ability to consummate the Transactions or otherwise perform its obligations under the Transaction Agreements.

Section 5.05. <u>Financial Ability</u>. Buyer has, and will have at the Closing, (a) sufficient immediately available funds and the financial ability to pay the Purchase Price, all Cure Costs and any costs and expenses incurred by Buyer pursuant to, or in connection with the negotiation, execution or performance of the Transaction Agreements and (b) the resources and capabilities (financial and otherwise) to perform its obligations under the Buyer Transaction Agreements.

Section 5.06. <u>Brokers</u>. No broker, finder or investment banker is entitled to any brokerage, finder's or other fee or commission from Buyer or any of Buyer's Affiliates in connection with the Transactions.

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Section 5.07. <u>Investigation</u>. Buyer acknowledges and agrees that it (a) has completed such inquiries and investigations as it has deemed appropriate into, and, based thereon and on the making of the representations and warranties set forth in <u>Article IV</u>, has formed an independent judgment concerning, the Transferred Assets, the Assumed Liabilities, the Business and the Transactions, and any other rights or obligations to be transferred, directly or indirectly, pursuant to the Transaction Agreements and (b) has been furnished with, or given access to, all such projections, forecasts, estimates, appraisals, statements, promises, advice, data or information about the Sellers, the Transferred Assets, the Assumed Liabilities, the Business and any other rights or obligations to be transferred, directly or indirectly, pursuant to the Transaction Agreements, as it has requested or otherwise requires to enter into this Agreement. Buyer further acknowledges and agrees that (x) the only representations and warranties made by the Sellers are the representations and warranties expressly set forth in <u>Article IV</u> (as modified by the Disclosure Schedules) or pursuant to any other Transaction Agreement and Buyer has not relied upon, and will not rely upon, any other express or implied representations, warranties or other projections, forecasts, estimates, appraisals, statements, promises, advice, data or information made, communicated or furnished by or on behalf of the Sellers or any of their Affiliates (including any Debtor Seller Parties), any Representatives of the Sellers or any of their Affiliates or any other Person, including any projections, forecasts, estimates, appraisals, statements, promises, advice, data or information made, communicated or furnished by or through the Sellers' Bankers, or management presentations, data rooms (electronic or otherwise) or other due diligence information, and that Buyer will not have any right or remedy arising out of any such representation, warranty or other projections, forecasts, estimates, appraisals, statements, promises, advice, data or information and (y) any claims Buyer may have for breach of any representation or warranty shall be based solely on the representations and warranties of the Sellers expressly set forth in <u>Article IV</u> (as modified by the Disclosure Schedules) or in any other Transaction Agreement, subject to the exclusive remedies set forth herein. Except as otherwise expressly set forth in this Agreement, Buyer understands and agrees that the Business, the Transferred Assets and the Assumed Liabilities are being transferred on a "**where-is**" and, as to condition, "**as-is**" basis subject to the representations and warranties contained in <u>Article IV</u> (as modified by the Disclosure Schedules) or in any other Transaction Agreement without any other representations or warranties of any nature whatsoever. Notwithstanding anything in this Agreement or in any other Transaction Agreement to the contrary, nothing in this Agreement shall limit any rights or claims a Person may have in respect of Fraud.

Section 5.08. <u>No Other Representations or Warranties.</u> Except for the representations and warranties expressly set forth in this Article V, the other Transaction Agreements or any certificate delivered pursuant to any Transaction Agreement, neither Buyer nor any other Person has made, makes or shall be deemed to make any other representation or warranty of any kind whatsoever, express or implied, written or oral, at law or in equity, on behalf of Buyer or any of its Affiliates, and Buyer hereby disclaims all other representations and warranties of any kind whatsoever, express or implied, written or oral, at law or in equity, whether made by or on behalf of Buyer or any other Person, including any of their respective Representatives.

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**ARTICLE VI** 

**ADDITIONAL AGREEMENTS** 

Section 6.01. <u>Conduct of Business Before the Closing</u>. Buyer acknowledges that certain of the Sellers are operating the Business in the context of the Bankruptcy Cases. Subject to the foregoing, except (a) as required by applicable Law, by Order of the Bankruptcy Court or to the extent required in connection with the Bankruptcy Cases, (b) as required by the terms of any Transaction Agreement or (c) for matters identified on <u>Section</u> <u>6.01</u> of the Disclosure Schedules, during the Pre-Closing Period:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) each Seller shall, other than in connection with the Bankruptcy Cases, (i) operate the Business in the ordinary course of business, (ii) use commercially reasonable efforts to maintain the Transferred Assets in their current condition (subject to ordinary wear and tear) and, (iii) preserve in all material respects the present business operations, organization and goodwill of the Business, and the present relationships with material customers, material suppliers and other material commercial relationships of the Business; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) unless Buyer otherwise consents in writing (which consent shall not be unreasonably withheld, conditioned or delayed), the Sellers will not, solely with respect to the Business as operated by such Seller, do any of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) create, grant or incur any Lien on any Transferred Assets (in each case, whether tangible or intangible), in each case, other than a Permitted Lien or a Lien that will be discharged at or prior to the Closing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) other than the Bankruptcy Cases, take any action to initiate or acquiesce to any bankruptcy, insolvency, reorganization or moratorium proceeding of any character, including any composition, administration or arrangement with creditors, voluntary or involuntary, of the Non-Debtor Seller Parties or any of the Transferred Non-Debtor Assets;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) with respect to the Debtor Seller Parties, voluntarily pursue or seek, or fail to use reasonable best efforts to oppose any third party in pursuing or seeking, a conversion of any of the Bankruptcy Cases to a case under chapter 7 of the Bankruptcy Code, the appointment of a trustee under chapter 11 or chapter 7 of the Bankruptcy Code and/or the appointment of an examiner with expanded power; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) agree to, authorize or enter into any legally binding commitment with respect to any of the foregoing.

Section 6.02. <u>Access to Information</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) During the Pre-Closing Period, upon reasonable prior written notice to the Sellers, at the sole cost and expense of Buyer, the Sellers shall (i) afford the Representatives of Buyer reasonable access, during normal business hours, to (x) the properties, assets, facilities, and books and records of the Sellers Related to the Business and (y) the Transferred Employees, (ii) furnish to the Representatives of Buyer such additional information, including Tax information, relating directly to the Transferred Employees or Transferred Assets, social security

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obligations and other information regarding the Business, the Transferred Assets, and the Assumed Liabilities as Buyer or its Representatives may from time to time reasonably request, and (iii) make available to Buyer and its Representatives, during normal business hours, those directors, officers, employees, auditors, accountants and other Representatives of the Sellers, except, in the case of (i), (ii) and (iii), as set forth in <u>Section</u> <u>6.02(b)</u>. In furtherance of the foregoing, during the Pre-Closing Period, the Sellers shall furnish to certain mutually acceptable representatives of Buyer information reasonably requested by Buyer (including name and compensation information of Covered Employees, Covered Indian Employees and the Covered Danish Employee) to allow Buyer to make offers of employment contemplated in <u>Section</u> <u>6.07</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Notwithstanding anything in this Agreement to the contrary:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) (A) in no event shall the Sellers or their respective Affiliates be obligated to provide any (1) access or information in violation of any applicable Law (including Data Protection Obligations) or any Order of the Bankruptcy Court, (2) information the disclosure of which could reasonably be expected to jeopardize any applicable privilege (including the attorney-client privilege) available to the Sellers or any of their respective Affiliates relating to such information, or (3) information the disclosure of which would cause any of the Sellers or any of their Affiliates to breach a confidentiality obligation to which it is bound (it being agreed that, in the case of the preceding <u>clauses (1)</u>, <u>(2)</u> and <u>(3)</u>, the applicable Sellers shall, to the extent reasonably practicable, cooperate with Buyer and its Representatives to make appropriate substitute arrangements or limit disclosure to the extent necessary to avoid a violation of an applicable Law or an Order of the Bankruptcy Court or avoid jeopardizing an applicable privilege or avoid breaching the applicable confidentiality obligation) and (B) any access or investigation contemplated by <u>Section</u> <u>6.02(a)</u> shall not unreasonably interfere with any of the businesses, personnel or operations of the Sellers or any of its Affiliates or the Business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the auditors and accountants of the Sellers or any of their respective Affiliates or the Business shall not be obligated to make any work papers available to any Person except in accordance with such auditors' and accountants' normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Buyer and its Representatives shall not conduct any sampling or testing of soil, groundwater, air, or other environmental media of the Sellers.

Section 6.03. <u>Confidentiality</u>. Buyer acknowledges that the Confidential Information and Transaction Information (each as defined in the Confidentiality Agreement) provided to it in connection with this Agreement, including information provided under <u>Section</u> <u>6.02</u>, is subject to the Confidentiality Agreement and the terms of the Confidentiality Agreement are incorporated into this Agreement by reference and shall continue in full force and effect (and all obligations thereunder shall be binding upon Buyer, its Representatives (as defined in the Confidentiality Agreement) and any other third party who signed (or signs) a joinder thereto subject to and in accordance with the Confidentiality Agreement as if parties thereto) until the Closing, at which time the obligations under the Confidentiality Agreement shall terminate; <u>provided</u>, <u>however</u>, that Buyer's confidentiality obligations shall terminate only in respect of that portion of the Confidential Information relating to the Business and constituting a Transferred Asset, and for all other

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Confidential Information, the Confidentiality Agreement shall continue in full force and effect in accordance with its terms. If for any reason the Closing does not occur and this Agreement is terminated, the Confidentiality Agreement shall continue in full force and effect in accordance with its terms; <u>provided</u>, that the term of the Confidentiality Agreement as set forth therein shall be amended to refer to one (1) year from the date of termination of this Agreement. For the avoidance of doubt, the provisions in the Confidentiality Agreement which by their terms survive the termination of the Confidentiality Agreement shall continue in full force and effect in accordance with their terms (as modified by the previous sentence).

Section 6.04. <u>Third Party Consents</u>. Each Party agrees to cooperate and use commercially reasonable efforts to obtain any other consents and approvals from any third Person other than a Government Authority that may be required in connection with any Transaction (the "**Third Party Consents**"). Notwithstanding anything in this Agreement to the contrary, no Party or any of its Affiliates shall be required to compensate any third party, commence or participate in any Action or offer or grant any accommodation (financial or otherwise, including any accommodation or arrangement to remain primarily, secondarily or contingently liable for any Assumed Liability) to any third party to obtain any such Third Party Consent. For the avoidance of doubt, no representation, warranty or covenant of the Sellers contained in any Transaction Agreement shall be breached or deemed breached, and no condition shall be deemed not satisfied, based on (a) the failure to obtain any Third Party Consents or (b) any Action commenced or threatened by or on behalf of any Person arising out of or relating to the failure to obtain any such Third Party Consents.

Section 6.05. <u>Cooperation</u>. During the Pre-Closing Period, (a) Buyer shall, and shall cause its respective Affiliates to, and the Sellers shall (i) refrain from taking any actions that would reasonably be expected to impair, delay or impede the Closing and (ii) use commercially reasonable efforts to cause all Closing Conditions to be met as promptly as practicable and in any event on or before the Outside Date, and (b) each Seller shall keep Buyer, and Buyer shall keep each Seller reasonably apprised of the status of the matters relating to the completion of the Transactions, including with respect to the negotiations relating to the satisfaction of the Closing Conditions of such other Party.

Section 6.06. <u>Bulk Transfer Laws</u>. The Sellers will not comply with the provisions of any bulk transfer Laws or similar Laws (including under any Laws related to Taxes) of any jurisdiction in connection with the Transactions, and Buyer hereby waives all claims related to the noncompliance therewith.

Section 6.07. <u>Employee Matters</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Employment of Covered Indian Employees</u>. Buyer shall cause the Vestas India Buyer to make a written offer of employment to all Covered Indian Employees (including those who are on temporary furlough, leave of absence or disability) as soon as reasonably practicable after the date hereof, with such employment to commence immediately following (and subject to the Closing). Between such offer and the Closing, Buyer shall cause the Vestas India Buyer to, and India Seller shall negotiate and execute the Employee Transfer Agreement set forth on <u>Exhibit C</u> with each Covered Indian Employee who accepts the offer to commence employment with the Vestas India Buyer immediately following (and subject to) the Closing (for purposes of this <u>Section</u> <u>6.07</u>, any Covered Indian Employee who becomes employed by the Vestas India

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Buyer in accordance with this <u>Section</u> <u>6.07(a)</u> is referred to as a "**Transferred Indian Employee**"). Effective as of the Closing, the existing employment agreement executed by such Transferred Indian Employee with India Seller shall stand terminated, and such Transferred Indian Employee will be governed by the employment agreement executed with the Vestas India Buyer. Furthermore, such Transferred Indian Employees shall stand transferred to the rolls of the Vestas India Buyer from and with effect at Closing. Each employment agreement entered into between the Vestas India Buyer and a Transferred Indian Employee shall contain terms and conditions of employment no less favorable than the terms and conditions of employment provided by such Seller immediately prior to the Closing Date with respect to such Transferred Indian Employee (including salary, bonus and non-equity incentive compensation, benefits, location and other terms of employment).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Solely to the extent required under applicable Law to ensure continuity of service of the Transferred India Employees (and without expanding or superseding Buyer's obligations set forth elsewhere in this Agreement), Buyer shall (i) provide the Transferred Indian Employees with continuity of service benefits without interruption of service or an intervening period from the end of the respective Transferred Employee's employment with the India Seller, (ii) for the purpose of computing gratuity, following the Closing, recognize the past service of the Transferred Indian Employees and shall, when due, assume and discharge such accrued gratuity Liabilities associated with such employees under Law, and (iii) recognize the accrued but unused annual leave (privilege leave) entitlement, if any, of the Transferred Indian Employees as of the Closing in connection with their employment with the India Seller.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Employment of Covered Danish Employee</u>. The Covered Danish Employee will transfer automatically to Buyer or an Affiliate of Buyer upon entry into the Danish Business Transfer Agreement and in accordance with the Danish Business Transfer Act (the "**Transferred Danish Employee**"). The Covered Danish Employee shall receive from Buyer or an Affiliate of Buyer an addendum to his employment contract stipulating that Buyer or an Affiliate of Buyer is the new employer as of the Closing Date and Buyer or Affiliate of Buyer shall ensure that the Covered Danish Employee shall be employed under terms and conditions that are no less favorable than the terms and conditions provided by Danish Seller and in accordance with the terms and conditions contained in the Danish Business Transfer Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Employment of Covered Employees</u>. Covered Employees (including those who are on temporary furlough, a leave of absence, or disability) shall receive from Buyer or an Affiliate of Buyer a written offer of employment, to commence immediately following (and subject to) the Closing, as soon as reasonably practicable after the date hereof. Each offer of employment made by Buyer or an Affiliate of Buyer to a Covered Employee shall contain terms and conditions of employment no less favorable than the terms and conditions of employment provided by such Seller immediately prior to the Closing Date with respect to such Covered Employee (including position, duties, salary, bonus and incentive compensation, benefits, location and other terms of employment). For purposes of this <u>Section</u> <u>6.07(d)</u>, any Covered Employee who becomes employed by Buyer or an Affiliate of Buyer in accordance with this <u>Section</u> <u>6.07(d)</u> is referred to as a "**Transferred Covered Employee**."

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) If any Transferred Employee requires a visa, work permit or other approval for his or her employment to commence with, transfer to or continue with Buyer or its applicable Affiliate after the Closing Date, Buyer will, or will cause its applicable Affiliate to, promptly file any necessary applications or documents and will take all actions applicable to secure the necessary visa, permit or other approval (including any transfer thereof) following the Closing Date and the transfer of any related immigration processes (including labor certifications) to Buyer or its applicable Affiliate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <u>Employees and Employee Plans</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <u>Liabilities</u>. Effective as of the Closing, Buyer shall, or shall cause an Affiliate to, assume or retain, as the case may be, any and all Liabilities (contingent or otherwise) relating to, arising out of, or resulting from the employment or services, or termination of employment or services, of any Covered Indian Employee, Covered Danish Employee or Covered Employee, including those who become a Transferred Employee as of the Closing Date in accordance with <u>Section</u> <u>6.07</u> or as of the Post-Closing Employment Transfer Date with respect to all other Transferred Employees, including, without limitation, all Liabilities related to recruitment, hiring, employment, engagement, compensation, incentive compensation, bonuses, benefits, workplace practices, labor relations, occupational health and safety, termination post-employment obligations, accrued and unused vacation, sick days and paid time off and any workers' compensation claims against the Sellers irrespective of when such claims are made or when such Liabilities arise (whether prior to, on or after the Closing), other than Non-Ordinary Course Employment Liabilities which shall be retained by the Sellers. For the avoidance of doubt, the Buyer and its Affiliates shall not assume any Liabilities relating to, arising out of or resulting from, and Sellers shall retain (A) all Liabilities (contingent or otherwise and including any severance) relating to, arising out of, or resulting from the employment or services, or termination of employment or services, of any Covered Employees, Covered Danish Employee or Covered Indian Employees or any other employee, independent contractor or consultant of any Seller, in each case, who does not become a Transferred Employee, irrespective of whether such Liabilities arise prior to, on or after the Closing and (B) all Non-Ordinary Course Employment Liabilities with respect to any Covered Indian Employee, Covered Employee and Covered Danish Employee or any other employee, independent contractor, or consultant of any Seller.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) <u>Employee Plans</u>. Sellers shall retain each Employee Plan and any Liabilities arising under such retained Employee Plans shall be Excluded Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Notwithstanding anything in this Agreement to the contrary, in no event shall Buyer assume or be responsible for any Non-Ordinary Course Employment Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) <u>Transferred Employees – Additional Employment Terms</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <u>Terms and Conditions of Employment</u>. For a period of at least six (6) months, following the Closing Date (or for such longer period as may be required by applicable Law or pursuant to a Local Transfer Agreement governed by applicable Law), each Transferred Employee shall be entitled to receive, while in the employ of Buyer or its Affiliates, salary, bonus, and non-equity incentive compensation, employee benefits (including defined benefit pension plans) and other terms and conditions of employment no less favorable in the aggregate than as were provided to such employee immediately prior to the Closing Date by the Sellers.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) <u>Credit for Service</u>. Except as otherwise required by applicable Law or pursuant to a Local Transfer Agreement governed by applicable Law, Buyer shall, and shall cause its Affiliates to, credit in all material respects Transferred Employees for service earned on and prior to the Closing Date with the Sellers and any of their Affiliates or predecessors, in addition to service earned with Buyer and its Affiliates on or after the Closing Date, (i) to the extent that service is relevant for purposes of eligibility, vesting, paid-leave entitlement or, for severance (including tenure- based benefits such as gratuity) and vacation benefits only, the calculation of benefits under any employee benefit plan, program or arrangement of Buyer or any of its Affiliates for the benefit of the Transferred Employees on or after the Closing Date and (ii) for such additional purposes as may be required by applicable Law; <u>provided</u>, <u>however</u>, that nothing herein shall result in a duplication of benefits with respect to the Transferred Employees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) <u>Pre-existing</u> <u>Conditions</u><u>;</u> <u>Coordination</u>. Except as otherwise required by applicable Law or pursuant to a Local Transfer Agreement governed by applicable Law, Buyer shall, and shall cause its Affiliates to (x) use commercially reasonable efforts to, waive any pre-existing condition or actively at work limitations, evidence of insurability and waiting periods for the Transferred Employees and their eligible spouses and dependents under any employee benefit plan, program or arrangement of Buyer or any of its Affiliates for the benefit of the Transferred Employees on or after the Closing Date and (y) credit in all material respects for purposes of determining and satisfying annual deductibles, co-insurance, co-pays, out-of-pocket limits and other applicable limits under the comparable health plans and arrangements offered to Transferred Employees, deductibles, co-insurance, co-pays and out-of-pocket expenses paid by Transferred Employees and their respective spouses and dependents under the health plans of the Sellers or any of their Affiliates in the calendar year in which the Closing Date occurs.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) <u>No Third-Party Beneficiaries</u>. Notwithstanding the provisions of this <u>Section</u> <u>6.07</u> or any provision of the Agreement, nothing in this <u>Section</u> <u>6.07</u> or the Agreement is intended to and shall not (i) create any third party rights, (ii) amend any employee benefit plan, program, policy or arrangement, (iii) require Buyer or any of its Affiliates or the Sellers or any of their Affiliates to continue any employee benefit plan, program, policy or arrangement beyond the time when it otherwise lawfully could be terminated or modified or as otherwise required herein or (iv) provide any Covered Employee or any Transferred Employee with any rights to continued employment.

Section 6.08. <u>No Successor Liability</u>. The Parties intend that, to the fullest extent permitted by Law (including under section 363(f) of the Bankruptcy Code, solely with respect to the TPI Parent or the other Debtor Seller Parties), upon the Closing, Buyer shall not be deemed to: (a) be the successor of any Seller, including with respect to any Employee Plans, (b) have, de facto or otherwise, merged with or into any Seller, (c) be a mere continuation or substantial continuation of any Seller, or (d) be liable for any acts or omissions of Sellers in the conduct of the Business or arising under, or related to, the Transferred Assets of any Seller, other than as expressly set forth in this Agreement. The Parties acknowledge and agree that the Transaction was subject to arm's-length negotiating by Buyer and the Sellers. Without limiting the generality of the foregoing, and except as otherwise provided in this Agreement, the Parties acknowledge and agree that Buyer and Buyer's Affiliates (y) shall not be liable for any Liability or Lien (other than Assumed Liabilities) against any Seller or any of their predecessors or Affiliates, and (z) shall have no successor or vicarious Liability of any kind or character whether known or unknown as of the Closing Date, whether now existing or hereafter arising, or whether fixed or contingent, with respect to the Business, the Transferred Assets, any Excluded Liabilities or any other Liabilities, in each case, of any Seller arising prior to the Closing Date. The Parties agree that provisions regarding TPI Parent and the Debtor Seller Parties substantially in the form of this <u>Section</u> <u>6.08</u> shall be reflected in the Sale Order.

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**ARTICLE VII** 

**POST-CLOSING COVENANTS** 

Section 7.01. <u>Access</u>. From and after the Closing Date, subject to any limitations imposed by the Bankruptcy Code or the Bankruptcy Court (if applicable), in connection with any reasonable business purpose, including the preparation or amendment of Tax Returns, claims or obligations relating to Excluded Liabilities, financial statements, or the determination of any matter relating to the rights or obligations of the Sellers or any of their Affiliates under any Transaction Agreement, or as is necessary to administer, or satisfy their obligations in connection with, the Bankruptcy Cases, upon reasonable prior written notice to Buyer, and except to the extent necessary to (i) ensure compliance with any applicable Law (including Data Protection Obligations) or an Order of the Bankruptcy Court, (ii) preserve any applicable privilege (including the attorney-client privilege) or (iii) comply with any Contractual confidentiality obligations, Buyer shall, and shall cause its Affiliates and Representatives to (during normal business hours) (A) afford the Sellers and their Representatives and their respective Affiliates reasonable access, during normal business hours, to the properties, books and records of Buyer and its Affiliates in respect of the Business, the Transferred Assets and the Assumed Liabilities, (B) furnish to the Sellers and their Representatives and their respective Affiliates such additional financial and other information regarding the Business, the Transferred Assets and the Assumed Liabilities as the Sellers or their Representatives may from time to time reasonably request and (C) make available to the Sellers and their Representatives and their respective Affiliates those employees of Buyer or its Affiliates whose assistance, expertise, testimony, notes or recollections or presence to the extent required to assist TPI Parent, its Representatives or their respective Affiliates to administer the Bankruptcy Cases; <u>provided</u>, <u>however</u>, that such access shall not unreasonably interfere with the business or operations of the Business; and <u>provided</u>, <u>further</u>, that the auditors and accountants of Buyer or its Affiliates shall not be obligated to make any work papers available to any Person except in accordance with such auditors' and accountants' normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. Notwithstanding anything to the contrary herein, for the longer of (1) any applicable statute of limitations and (2) the period ending on the Wind-Up Date, the Sellers shall have continued access to all Transferred Books and Records to the extent required to administer the Bankruptcy Cases and the Sellers may retain copies of such Transferred Books and Records, as necessary or appropriate in connection with such purpose.

Section 7.02. <u>Preservation of Books and Records</u>. The Sellers and their Affiliates shall have the right to retain copies of all books and records of the Business relating to periods ending on or before the Closing Date. Buyer agrees that it shall preserve and keep all original books and records in respect of the Business in the possession or control of Buyer or its Affiliates for the longer of the period ending on (a) any applicable statute of limitations and (b) a period of the earlier of (x) six (6) years from the Closing Date and (y) the Wind-Up Date. During such period, (i)

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Representatives of the Sellers and their Affiliates shall, upon reasonable notice and for any reasonable business purpose (including the purposes described in <u>Section</u> <u>7.01</u>), have access during normal business hours to examine, inspect and copy such books and records and (ii) Buyer shall provide to the Sellers and their Affiliates access to such original books and records of the Business as the Sellers or their Affiliates shall reasonably request. The Sellers or their Affiliates, as applicable, shall return such original books and records to Buyer or such Affiliate as soon as such books and records are no longer needed in connection with the circumstances described in the immediately preceding sentence. After such period, before Buyer or any Affiliate shall dispose of any of such books and records, Buyer shall give at least ninety (90) days' prior written notice to the Sellers of its intention to dispose such books and records, and the Sellers, and/or any of their Affiliates shall be given an opportunity, at their cost and expense, to remove and retain all or any part of such books and records as it or they may elect.

Section 7.03. <u>Further Assurances</u>. From time to time following the Closing, the Parties shall, and shall cause their respective Affiliates to execute, acknowledge and deliver all reasonable further conveyances, notices, assumptions, releases and acquittances and other documents or instruments, and shall take such reasonable actions as may be necessary or appropriate to make effective the Transactions as may be reasonably requested by the other Party; <u>provided</u>, <u>however</u>, that except for Buyer's obligations to discharge an Assumed Liability and as otherwise provided pursuant to <u>Section</u> <u>2.04</u>, nothing in this <u>Section</u> <u>7.03</u> shall require any Party or its Affiliates to pay money to, commence or participate in any Action with respect to, or offer or grant any accommodation (financial or otherwise) to, any third party following the Closing.

Section 7.04. <u>Wrong Pockets</u>. Following the Closing, if any Party becomes aware that (i) any Transferred Assets or Assumed Liabilities have not been transferred to Buyer or (ii) any assets or Liabilities not intended under the terms of this Agreement to be transferred to Buyer have been so transferred, such Seller will promptly notify Buyer, and Buyer will promptly notify the Sellers, and such applicable transferring Party shall transfer (or shall cause to be transferred) the relevant asset or liability to the applicable receiving Party at no additional expense to the receiving Party. Pending such transfer or re-transfer, the Parties shall treat such asset or Liability in accordance with its proper characterization under this Agreement, and the receiving Party shall bear all costs, expenses and liabilities associated therewith.

Section 7.05. <u>Transferred Indian Employees</u>. For a period beginning on the Closing Date, and continuing for a period of three (3) months after the Closing Date, (i) Buyer and (ii) India Seller agree to use commercially reasonable efforts to facilitate the issuance and execution of an Employee Transfer Agreement with any Covered Indian Employee who has not yet accepted an offer from Buyer. For the avoidance of doubt, (i) any Covered Indian Employee who subsequently becomes a Transferred Employee pursuant to this <u>Section</u> <u>7.05</u> shall from and after the effective date of transfer (the "<u>Post-Closing Employment Transfer Date</u>") be treated as a Transferred Indian Employee for all purposes of this Agreement, (ii) Employee Transfer Agreements executed pursuant to this <u>Section</u> <u>7.05</u> shall provide terms and conditions of employment no less favorable than those provided to Covered Indian Employees who became Transferred Employees pursuant to <u>Section</u> <u>6.07(a)</u>, and (iii) the India Seller and Buyer shall not have any obligation under this Agreement to facilitate or effect the transfer of any Covered Indian Employee post expiration of three (3) months following the Closing Date. Any such employee who accepts an offer of employment shall be deemed a "Transferred Indian Employee."

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**ARTICLE VIII** 

**BANKRUPTCY PROVISIONS** 

Section 8.01. <u>Bankruptcy Court Filings</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Buyer agrees that it will promptly take such actions as are reasonably requested by TPI Parent to assist in obtaining entry of the Sale Order and a finding of adequate assurance of future performance by Buyer, including furnishing affidavits or other documents or information for filing with the Bankruptcy Court for the purposes, among others, of providing necessary assurances of performance by Buyer under this Agreement and demonstrating that Buyer is a "good faith" purchaser under section 363(m) of the Bankruptcy Code. In the event the entry of the Sale Order shall be appealed, the Parties shall use their respective commercially reasonable efforts to defend against such appeal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) From and after the date of entry of the Sale Order and until the Closing Date, to the extent reasonably practicable, TPI Parent shall deliver to Buyer drafts of any material pleadings, motions or applications to be filed in the Bankruptcy Cases in connection with this Agreement or that would have a material impact on the Debtor Seller Parties' ability to operate the Business consistent with the terms of this Agreement, in each case, for Buyer's prior review and comment at least two (2) Business Days prior to the filing or submission thereof (provided if it is not practicable to deliver the same within two (2) Business Days of the filing date, as soon as practicable thereafter).

**ARTICLE IX** 

**TAX MATTERS** 

Section 9.01. <u>Intentionally Omitted</u>.

Section 9.02. <u>Transfer Taxes</u>. Notwithstanding anything to the contrary in this Agreement, to the extent not exempt under the Sale Order or section 1146 of the Bankruptcy Code, (a) where Buyer is liable under applicable Law to pay any Transfer Tax, Buyer shall promptly pay and discharge any Transfer Tax, and (b) where any Seller is liable under applicable Law to pay any Transfer Tax, Buyer shall pay the amount of such Transfer Tax to such Seller and shall indemnify, defend and hold harmless such Seller or any of its Affiliates or Representatives from and against an amount equal to any such Transfer Taxes. The Party required by Law to file a Tax Return with respect to any Transfer Tax shall, with the cooperation of the other Party, timely prepare and file such Tax Return. If any Seller or any of its Affiliates is required to pay any Transfer Tax, Buyer shall within five (5) days of receipt of evidence of filing, reimburse such Seller for any such Transfer Taxes paid by the Seller or such Affiliate in connection with the filing of the applicable Tax Return. The Parties agree to timely sign and deliver (or to cause their respective Affiliates to timely sign and deliver) such certificates or forms as may be necessary or appropriate and to otherwise cooperate to establish any available exemption from (or otherwise reduce) any Transfer Taxes (it being understood that such cooperation obligations under this <u>Section</u> <u>9.02</u> shall cease as of the Wind-Up Date). No sums payable, or consideration given, by Buyer under this Agreement should be reduced by the amount of any Transfer Tax. All refunds or credits of VAT paid by Buyer under

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this provision shall belong to Buyer, and any Seller receiving any such amounts shall promptly pay over such amounts to Buyer. To the extent Buyer and any Seller mutually agree prior to the Closing that such items are required by applicable Law (or otherwise necessary or advisable) to be delivered by such Seller or by Buyer, all required Transfer Tax stamps and transfer forms (if any) shall be delivered on or before the Closing Date, unless under applicable Law such Transfer Tax stamps or duly stamped transfer forms are only available post-Closing (in which case such Transfer Tax stamps or duly stamped transfer forms shall be delivered to such Seller (or Debtor Seller Party) or Buyer (as applicable) promptly and in any event no later than five (5) Business Days after receipt thereof by such Seller or Buyer (as applicable)).

Section 9.03. <u>Tax Adjustments</u>. In the case of any real property Taxes, personal property Taxes and other ad valorem Taxes that are payable with respect to any taxable period beginning before and ending on or after the Closing Date (a "**Straddle Period**"), for purposes of determining whether and to what extent such Taxes are allocable to a Pre-Closing Tax Period or Post-Closing Tax Period, such Taxes (other than Transfer Taxes) imposed upon or assessed directly against the Transferred Assets will be apportioned and prorated between the Sellers and Buyer as of the Closing Date, and Buyer shall bear its proportionate share of such Taxes (which shall be equal to the product obtained by multiplying (a) a fraction, the numerator being the number of days in the Straddle Period following the Closing Date and the denominator being the total number of days in the Straddle Period, multiplied by (b) the amount of such Taxes), and the Sellers shall bear the remaining portion of such Taxes.

Section 9.04. <u>Tax Cooperation</u>. Without limiting the obligations set forth in <u>Section</u> <u>6.02</u> and <u>Section</u> <u>7.01</u>, the Parties shall use commercially reasonable efforts to furnish or cause to be furnished to each other, upon request, and at the sole cost of the requesting Party, as promptly as practicable, such information and assistance relating to the Transferred Assets as is reasonably necessary for the filing of Tax Returns and the preparation for, or the prosecution or defense of, any audit, claim, demand, proposed adjustment or deficiency relating to Taxes, and any other matter or proceeding relating to Taxes (it being understood that such cooperation obligations under this <u>Section</u> <u>9.04</u> shall cease as of the Wind-Up Date).

Section 9.05. <u>Survival</u>. Except as otherwise provided under <u>Section</u> <u>9.02</u> and <u>Section</u> <u>9.04</u> with respect to cooperation, the covenants and agreements set forth in this <u>Article IX</u> with respect to Taxes shall survive until such covenants and agreements are fully performed.

Section 9.06. <u>Adjustment to Purchase Price</u>. The Parties agree to treat any payment made pursuant to this Agreement as an adjustment to the Purchase Price for all Tax purposes, unless otherwise required by applicable Law.

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**ARTICLE X** 

**CONDITIONS TO CLOSING** 

Section 10.01. <u>Conditions to Obligations of</u> <u>the Sellers</u>. The obligations of the Sellers to consummate the Transactions shall be subject to the satisfaction or (to the extent permitted by applicable Law) written waiver by TPI Parent in its sole discretion, at or before the Closing, of each of the following conditions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Representations and Warranties; Covenants</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the representations and warranties of Buyer contained in <u>Section</u> <u>5.01</u> (Formation and Authority of Buyer; Enforceability) and <u>Section</u> <u>5.06</u> (Brokers) shall be true and correct in all but *de minimis* respects on and as of the Closing Date, with the same force and effect as though such representations and warranties had been made on and as of the Closing Date (except to the extent that any such representation or warranty is expressly made as of a specified date, in which case it shall be true and correct in all but *de minimis* respects as of such specified date);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the representations and warranties of Buyer contained in <u>Section</u> <u>5.02(a)</u> and <u>(b)</u> (No Conflict) shall be true and correct in all material respects on and as of the Closing Date, with the same force and effect as though such representations and warranties had been made on and as of the Closing Date (except to the extent that any such representation or warranty is expressly made as of a specified date, in which case it shall be true and correct in all material respects as of such specified date);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) all other representations and warranties of Buyer contained in <u>Article V</u> shall be true and correct on and as of the Closing as if made on the Closing Date (other than representations and warranties that are made as of a specific date, which representations and warranties shall have been true and correct as of such date), except for breaches or inaccuracies, as the case may be, as to matters that, individually or in the aggregate, would not reasonably be expected have a material adverse effect on Buyer or materially impair or delay the ability of Buyer to consummate the Transactions or otherwise timely perform its obligations under the Transaction Agreements; <u>provided</u>, <u>however</u>, that for purposes of determining the satisfaction of the condition in this <u>clause (iii)</u>, no effect shall be given to any qualifier of "material" or "material adverse effect" in such representations and warranties;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) the covenants contained in this Agreement required to be performed or complied with by Buyer at or before the Closing shall have been performed or complied with in all material respects; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) the Sellers shall have received a certificate signed by an authorized officer of Buyer, dated as of the Closing Date, certifying as to the satisfaction of the matters set forth in the foregoing <u>clauses (</u><u>i</u><u>)</u> through <u>(iv)</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>No Order</u>. There shall be no Law or Order in existence that prohibits the sale of the Transferred Assets or the other Transactions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Buyer Transaction Agreements</u>. Buyer shall have executed and delivered to the Sellers all Buyer Transaction Agreements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Sale Order</u>. The Bankruptcy Court shall have entered the Sale Order and such Sale Order shall not be subject to any stay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>Equity Commitment Closing</u>. The transactions contemplated by the Equity Commitment Agreement (the "**Equity Commitment Closing**") shall occur contemporaneously with the consummation of the Transactions and all conditions to the Equity Commitment Closing shall have been satisfied or, to the extent permitted by the Equity Commitment Agreement, waived (other than those conditions that by their nature are to be satisfied at the Equity Commitment Closing).

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Section 10.02. <u>Conditions to Obligations of Buyer</u>. The obligations of Buyer to consummate the Transactions contemplated by this Agreement shall be subject to the satisfaction or written waiver (to the extent permitted by applicable Law) by Buyer in its sole discretion, at or before the Closing, of each of the following conditions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Representations and Warranties; Covenants</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the representations and warranties of the Sellers contained in <u>Section</u> <u>4.01</u> (Formation and Authority of the Sellers; Enforceability) and <u>Section</u> <u>4.06</u> (Brokers) shall be true and correct in all but *de minimis* respects on and as of the Closing Date, with the same force and effect as though such representations and warranties had been made on and as of the Closing Date (except to the extent that any such representation or warranty is expressly made as of a specified date, in which case it shall be true and correct in all but *de minimis* respects as of such specified date);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the representations and warranties of the Sellers contained in Section 4.02<u>(a)</u> and <u>(b)</u> (No Conflict) and <u>Section</u> <u>4.07</u> (Title) shall be true and correct in all material respects on and as of the Closing Date, with the same force and effect as though such representations and warranties had been made on and as of the Closing Date (except to the extent that any such representation or warranty is expressly made as of a specified date, in which case it shall be true and correct in all material respects as of such specified date);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) all other representations and warranties of the Sellers contained in <u>Article IV</u> shall be true and correct on and as of the Closing as if made on the Closing Date (other than representations and warranties that are made as of a specific date, which representations and warranties shall have been true and correct as of such date), except for breaches or inaccuracies, as the case may be, as to matters that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect; <u>provided</u>, <u>however</u>, that for purposes of determining the satisfaction of the condition in this clause (iii), no effect shall be given to any qualifier of "material" or "Material Adverse Effect" in such representations and warranties;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) the covenants contained in this Agreement required to be performed or complied with by the Sellers at or before the Closing shall have been performed or complied with in all material respects; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Buyer shall have received certificates signed by an authorized officer of each Seller, dated as of the Closing Date, certifying as to the satisfaction of matters set forth in the foregoing <u>clauses (</u><u>i</u><u>)</u> through <u>(iv)</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>No Order</u>. There shall be no Law or Order in existence that prohibits the sale of the Transferred Assets or the other Transactions.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Seller Transaction Agreements</u>. Each Seller shall have executed and delivered, or caused to be executed and delivered, to Buyer all Seller Transaction Agreements to which it is a party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Sale Order</u>. The Bankruptcy Court shall have entered the Sale Order and such Sale Order shall not be subject to any stay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>Equity Commitment Closing</u>. The Equity Commitment Closing shall occur contemporaneously with the consummation of the Transactions and all conditions to the Equity Commitment Closing shall have been satisfied or, to the extent permitted by the Equity Commitment Agreement, waived (other than those conditions that by their nature are to be satisfied at the Equity Commitment Closing).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <u>No Material Adverse Effect</u>. There shall not have been a Material Adverse Effect since the date hereof that is continuing.

Section 10.03. <u>Frustration of Closing Conditions</u>. No Party may rely on the failure of any condition set forth in this <u>Article X</u> to be satisfied if such failure was caused by such Party's failure to act in good faith, to use commercially reasonable efforts to cause the Closing Conditions of each such other Party to be satisfied.

Section 10.04. <u>Waiver of Closing Conditions</u>. Upon the occurrence of the Closing, any condition set forth in this <u>Article X</u> that was not satisfied as of the Closing shall be deemed to have been waived as of and from the Closing.

**ARTICLE XI** 

**TERMINATION** 

Section 11.01. <u>Termination</u>. Notwithstanding anything in this Agreement to the contrary (but subject to this <u>Article XI</u>), this Agreement may be terminated before the Closing:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) by the mutual written consent of the Sellers and Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) by the Sellers, if Buyer shall have breached any representation or warranty or failed to comply with any covenant or agreement applicable to Buyer that would cause any Closing Condition set forth in <u>Section</u> <u>10.01(a)</u> not to be satisfied, and (i) such breach is not waived by the Sellers, or (ii) if such breach has not been waived by the Sellers but is curable and is not cured by Buyer prior to the earlier to occur of (A) ten (10) Business Days after receipt by Buyer from any Seller of notice of such breach and (B) the Business Day before the Outside Date; <u>provided</u>, <u>however</u>, that no Seller is then in material breach of this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) by Buyer, if the Sellers shall have breached any representation or warranty or failed to comply with any covenant applicable to the Sellers that would cause any Closing Condition set forth in <u>Section</u> <u>10.02(a)</u> not to be satisfied, and (i) such breach is not waived by Buyer or (ii) if such breach has not been waived by Buyer but is curable and is not cured by the Sellers prior to the earlier to occur of (A) ten (10) Business Days after receipt by the Sellers of Buyer's notice of such breach and (B) the Business Day before the Outside Date; <u>provided</u>, <u>however</u>, that Buyer is not then in material breach of this Agreement;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) by the Sellers or Buyer, if the Closing shall not have occurred by June 30, 2026 (as either such date may be extended by mutual agreement of the Parties in writing, the "**Outside Date**"); <u>provided</u>, that if the Closing shall not have occurred on or before the Outside Date due to a material breach of any representations, warranties or covenants contained in this Agreement by Buyer or the Sellers, then the breaching Party may not terminate this Agreement pursuant to this <u>Section</u> <u>11.01(d)</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) by the Sellers, if Buyer shall have breached any provision of the Amendment to A&R Advance Agreement which is incurable or, if curable, remains uncured by the earlier of (A) four (4) Business Days after receipt of written notice of such breach from TPI Parent pursuant to this <u>Section</u> <u>11.01</u> and in accordance with <u>Section</u> <u>12.03</u> (as applicable) and (B) the Business Day before the Outside Date; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) by the Sellers or Buyer, in the event that any Government Authority of competent jurisdiction shall have issued an Order that permanently restricts, enjoins or prohibits the consummation of the purchase of the Transferred Assets contemplated by this Agreement and such Order shall have become final and non-appealable; <u>provided</u>, <u>however</u>, that the right to terminate this Agreement under this <u>Section</u> <u>11.01(f)</u> shall not be available to any Party whose action or failure to fulfill any obligation under this Agreement has been the cause of, or has resulted in, the issuance of such Order or other action.

Section 11.02. <u>Notice of Termination</u>. If either Buyer or the Sellers desires to terminate this Agreement pursuant to <u>Section</u> <u>11.01</u>, such Party shall give written notice of such termination to such other Party.

Section 11.03. <u>Effect of Termination</u>. If this Agreement is validly terminated pursuant to <u>Section</u> <u>11.01</u>, this Agreement shall thereupon become null and void and of no further force and effect, except for the provisions of (i) <u>Section</u> <u>6.03</u>, (ii) this <u>Section</u> <u>11.03</u> and (iii) <u>Article XII</u>, together with any related defined terms and definitions thereof (each of which shall survive such termination); <u>provided</u>, that nothing in this <u>Section</u> <u>11.03</u> shall be deemed to (A) release any Party from any Liability for any (x) knowing and intentional breach of this Agreement prior to the date of termination or (y) committed Fraud against the non-breaching party, as determined by a Court of competent jurisdiction, or (B) impair the right of any Party to compel specific performance by any other Party of its obligations under this Agreement.

**ARTICLE XII** 

**MISCELLANEOUS** 

Section 12.01. <u>Rules of Construction</u>. The following rules of construction shall govern the interpretation of this Agreement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) references to "applicable" Law or Laws with respect to a particular Person, thing or matter means only such Law or Laws as to which the Government Authority that enacted or promulgated such Law or Laws has jurisdiction over such Person, thing or matter as determined under the Laws of the State of Delaware;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) references to any statute, rule, regulation or form (including in the definition thereof) shall be deemed to include references to such statute, rule, regulation or form as amended, modified, supplemented or replaced from time to time (and, in the case of any statute, include any rules and regulations promulgated under such statute), and all references to any section of any statute, rule, regulation or form include any successor to such section;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) when calculating the period of time before which, within which or following which any act is to be done or step taken pursuant to this Agreement, the date that is referenced in beginning the calculation of such period will be excluded (for example, if an action is to be taken within two (2) days after a triggering event and such event occurs on a Tuesday, then the action must be taken by Thursday); if the applicable provision calculates the period of time using Business Days and the last day of such period is a non-Business Day, the period in question will end on the next succeeding Business Day;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) whenever the context requires, words in the singular shall be held to include the plural and vice versa, and words of one gender shall be held to include the other gender;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) (i) the provision of a table of contents, the division into Articles, Sections and other subdivisions and the insertion of headings are for convenience of reference only and shall not affect or be utilized in construing or interpreting this Agreement and (ii) references to the terms "Article," "Section," "subsection," "subclause," "clause," "Schedule" and "Exhibit" are references to the Articles, Sections, subsections, subclauses, clauses, Schedules and Exhibits to this Agreement unless otherwise specified; any capitalized term used in any Schedule (including the Disclosure Schedules) or Exhibit but not otherwise defined therein shall have the meaning as defined in this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) where there is any inconsistency between the definitions set out in <u>Section</u> <u>1.01</u> and the definitions set out in any other Section or any Schedule (including the Disclosure Schedules) or Exhibit, then, for the purposes of construing such Section, Schedule or Exhibit, the definitions set out in such Section, Schedule or Exhibit shall prevail;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) (i) the terms "hereof," "herein," "hereby," "hereto," and derivative or similar words refer to this entire Agreement, including the Disclosure Schedules, schedules and Exhibits thereto, (ii) the terms "thereof," "therein," "thereby," "thereto" and derivative or similar words refer to this Agreement to which the context refers, including the Disclosure Schedules, schedules and Exhibits thereto, (iii) the terms "include," "includes," "including" and words of similar import when used in this Agreement mean "including, without limitation" unless otherwise expressly specified, (iv) the term "any" means "any and all" and (v) the term "or" shall not be exclusive and shall mean "and/or";

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) (i) references to "days" means calendar days unless Business Days are expressly specified, (ii) references to "written" or "in writing" include in electronic form (including by e-mail transmission or electronic communication by portable document format (.pdf)) and (iii) references to "$" mean U.S. dollars;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) references to any Person includes such Person's successors and permitted assigns;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) references to any agreement or contract are to that agreement or contract as amended, modified or supplemented from time to time in accordance with the terms thereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) unless the context otherwise requires, the word "extent" in the phrase "to the extent" means the degree to which a subject or other thing extends, and such phrase does not mean simply "if";

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) each Party has participated in the negotiation and drafting of this Agreement, and if an ambiguity or question of interpretation should arise, this Agreement shall be construed as if drafted jointly by the Parties and no presumption or burden of proof shall arise favoring or burdening any Party by virtue of the authorship of any provision in this Agreement; the language used in this Agreement will be deemed to be the language chosen by the Parties to express their mutual intent, and no rule of strict construction will be applied against any Party; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) prior drafts of this Agreement or any ancillary agreements, schedules or exhibits thereto or the fact that any clauses have been added, deleted or otherwise modified from any prior drafts of this Agreement or any ancillary agreements, schedules or exhibits hereto shall not be used as an aide of construction or otherwise constitute evidence of the intent of the Parties; and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of such prior drafts.

Section 12.02. <u>Expenses</u>. Except as otherwise specified in the Transaction Agreements, each Party will pay its own costs and expenses, including legal, consulting, financial advisor, accounting and other fees and expenses, incurred in connection with the Transaction Agreements and the Transactions, irrespective of when incurred or whether or not the Closing occurs.

Section 12.03. <u>Notices</u>. All notices and other communications under or by reason of this Agreement shall be in writing and shall be deemed to have been duly given or made (a) upon receipt when personally delivered, (b) when delivered by e-mail transmission with receipt confirmed or (c) upon delivery by overnight courier service, in each case, to the addresses and attention parties indicated below (or such other address, e-mail address or attention party as the recipient party has specified by prior notice given to the sending party in accordance with this <u>Section</u> <u>12.03</u>):

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| | | |
|:---|:---|:---|
| If to the Sellers, to: | TPI Composites, Inc. | TPI Composites, Inc. |
|  | 9200 E. Pima Center Parkway, Suite 250 | 9200 E. Pima Center Parkway, Suite 250 |
|  | Scottsdale, AZ 85258 | Scottsdale, AZ 85258 |
|  | Attention: | Steven Fishbach |
|  | Email: | SFishbach@tpicomposites.com |

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| | |
|:---|:---|
| with a copy (which will not constitute notice) to: | Weil, Gotshal & Manges LLP |
|  | 767 Fifth Avenue |
|  | New York, New York 10153 |
|  | Attention: Gabriel A. Morgan; Lauren Tauro; |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mariel E. Cruz; Nate J. Christensen |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; E-mail: Gabriel.Morgan@weil.com;<br> Lauren.Tauro@weil.com;<br> Mariel.Cruz@weil.com; |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nate.Christensen@weil.com |
| If to Buyer, to: | Vestas America Holding, Inc. |
|  | c/o Vestas Wind Systems A/S |
|  | Hedeager 42<br> 8200 Aarhus N. |
|  | Denmark |
|  | Attention: Mikkel Bach Jensen; Lars Terp Paulsen |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; E-mail: MIKBA@vestas.com;<br> LATEP@vestas.com |
| with a copy (which will not constitute notice) to: | Reed Smith LLP |
|  | 599 Lexington Avenue |
|  | New York, NY 10022 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Attention: Omar J. Alaniz; Alissa K. Piccione;<br> Wayne R. Uffleman |
|  | E-mail: OAlaniz@ReedSmith.com; |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; APiccione@ReedSmith.com;<br> WUffleman@ReedSmith.com |

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Section 12.04. <u>Survival</u>. Except (i) as set forth in <u>Section</u> <u>9.05</u> and <u>Section</u> <u>11.03</u> and (ii) for any covenant that by its terms is to be performed (in whole or in part) by any Party following the Closing (which covenants shall survive the Effective Time in accordance with their terms), none of the representations, warranties, or covenants of any Party set forth in this Agreement shall survive, and each of the same shall terminate and be of no further force or effect as of, the Effective Time. Notwithstanding anything in this Agreement or in any Transaction Agreement to the contrary, nothing in this Agreement shall limit any rights or claims a Person may have in respect of Fraud.

Section 12.05. <u>Limitation on Liability</u>. Notwithstanding anything in this Agreement or in any other Transaction Agreement to the contrary, (a) except (x) in the event of willfully and knowingly committed fraud with the specific intent to deceive or mislead ("**Fraud**") or (y) with respect to Assumed Liabilities, the maximum aggregate Liability of the Sellers under this Agreement and the Equity Commitment Agreement shall not exceed, in the aggregate, $1,000,000, (b) the maximum Liability of Buyer under, or with respect to, this Agreement and the Equity Commitment Agreement shall not exceed an amount equal to fifty percent (50%) of the sum of (1) the Purchase Price and (2) the amount of the "Purchase Price" set forth in the Equity Commitment

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Agreement, (c) each Seller's obligations hereunder and under any other Transaction Agreement shall be several from the obligations of any other Seller under this Agreement and under no circumstances shall TPI Parent or any Debtor Seller Party be liable to Buyer or its Affiliates under any Transaction Agreement, or shall this Agreement be interpreted in a manner that would render TPI Parent or any Debtor Seller Party liable to Buyer or its Affiliates for the obligations, breach or other Liabilities of any Non-Debtor Seller Party arising under any Transaction Agreement and Buyer, on behalf of itself and its Affiliates, hereby irrevocably and unconditionally waives, releases and agrees (on behalf of itself, its Affiliates and any Person claiming by, through on behalf of them) not to assert any such liabilities and claims against TPI Parent or any Debtor Seller Party with respect to any obligations, breach or other Liabilities of any Non-Debtor Seller Party arising under any Transaction Agreement; and (d) in no event shall any Party have any Liability under this Agreement (including under this <u>Article XII</u>) for any consequential, special, incidental, indirect or punitive damages, lost profits or similar items (including loss of revenue, income or profits, diminution of value or loss of business reputation or opportunity).

Section 12.06. <u>Public Announcements</u>. The initial press release with respect to the execution of this Agreement shall be a joint press release to be reasonably agreed upon by Buyer and TPI Parent. No Party nor any Affiliate or Representative of such Party shall issue or cause the publication of any press release or public announcement or otherwise communicate with any news media in respect of the Transaction Agreements or the Transactions without the prior written consent of the other Parties (which consent shall not be unreasonably withheld, conditioned or delayed), except as a party believes in good faith and based on reasonable advice of counsel is required by applicable Law or by Order of the Bankruptcy Court or by applicable rules of any stock exchange or quotation system on which such Party or its Affiliates lists or trades securities (in which case the disclosing Party, to the extent practicable under the circumstances and permissible by Law, shall (a) advise the other Parties before making such disclosure and (b) provide each such other Party a reasonable opportunity to review and comment on such release or announcement and consider in good faith any comments with respect thereto).

Section 12.07. <u>Severability</u>. If any term or provision of this Agreement is held invalid, illegal or unenforceable in any respect under any applicable Law, as a matter of public policy or on any other grounds, the validity, legality and enforceability of all other terms and provisions of this Agreement will not in any way be affected or impaired. If the final judgment of a court of competent jurisdiction or other Government Authority declares that any term or provision hereof is invalid, illegal or unenforceable, the Parties agree that the Government Authority making such determination will have the power to reduce the scope, duration, area or applicability of the term or provision, to delete specific words or phrases, or to replace any invalid, illegal or unenforceable term or provision with a term or provision that is valid, legal and enforceable and that comes closest to expressing the intention of the invalid, illegal or unenforceable term or provision.

Section 12.08. <u>Assignment</u>. This Agreement will be binding upon and inure to the benefit of and be enforceable by the respective successors and permitted assigns of the Parties. No Party may assign (whether by operation of Law or otherwise) this Agreement or any rights, interests or obligations provided by this Agreement without the prior written consent of the other Parties; <u>provided</u>, <u>however</u>, that (a) Buyer may assign this Agreement and any or all rights and obligations under this Agreement to any of its Controlled Affiliates and (b) any Seller may assign any of its rights or obligations under this Agreement to any of its Controlled Affiliates or to any plan administrator, liquidator, examiner, receiver, trustee or similar party appointed on its behalf following the Closing; <u>provided</u>, <u>further</u>, that no such assignment pursuant to the foregoing <u>clause (a)</u> shall release Buyer from any Liability under this Agreement. Any attempted assignment in violation of this <u>Section</u> <u>12.08</u> shall be void *ab initio*.

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Section 12.09. <u>No Third-Party Beneficiaries</u>. This Agreement is for the sole benefit of the Parties and their respective successors and permitted assigns, and, the Nonparty Affiliates pursuant to <u>Section</u> <u>12.18</u>, or as otherwise expressly set forth in this Agreement, nothing in this Agreement shall create or be deemed to create any third-party beneficiary rights in any Person not a Party, including any Affiliates of any Party.

Section 12.10. <u>Entire Agreement</u>. This Agreement (including the Disclosure Schedules) and the other Transaction Agreements (and all Exhibits and Schedules hereto and thereto) collectively constitute and contain the entire agreement and understanding of the Parties with respect to the subject matter hereof and thereof and supersede all prior negotiations, correspondence, understandings, agreements and Contracts, whether written or oral, among the Parties respecting the subject matter hereof and thereof.

Section 12.11. <u>Amendments</u>. This Agreement (including the Disclosure Schedules and all Exhibits and Schedules hereto) may be amended, restated, supplemented or otherwise modified, only by written agreement duly executed by Buyer and the Sellers.

Section 12.12. <u>Waiver</u>. At any time before the Closing, any Party may, by written instrument duly executed by the waiving Party, (a) extend the time for the performance of any obligation or other acts of the other Party, (b) waive any breaches or inaccuracies in the representations and warranties of the other Party contained in this Agreement or in any document delivered pursuant to this Agreement or (c) waive compliance with any covenant, agreement or condition contained in this Agreement, but such waiver of compliance with any such covenant, agreement or condition shall not operate as a waiver of, or estoppel with respect to, any subsequent or other failure. No failure on the part of any Party to exercise, and no delay in exercising, any right, power or remedy under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power or remedy by such Party preclude any other or further exercise thereof or the exercise of any other right, power or remedy.

Section 12.13. <u>Governing Law</u>. This Agreement, and any Action that may be based upon, arise out of or relate or be incidental to any Transaction, this Agreement, any other Transaction Agreement, the negotiation, execution, termination, performance, nonperformance or consummation of the foregoing or the inducement of any Party to enter into the foregoing, whether for breach of Contract, tortious conduct or otherwise, and whether now existing or hereafter arising (each, a "**Transaction Dispute**"), will be exclusively governed by and construed and enforced in accordance with the internal Laws of the State of Delaware, without giving effect to any Law or rule that would cause the Laws of any jurisdiction other than the State of Delaware to be applied.

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Section 12.14. <u>Dispute Resolution; Consent to Jurisdiction</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Without limiting any Party's right to appeal any Order of the Bankruptcy Court (i) the Bankruptcy Court shall retain exclusive jurisdiction to enforce the terms of this Agreement and to decide any Transaction Dispute which may arise or result from, or be connected with, this Agreement, any breach or default hereunder, or the Transactions, and (ii) any and all proceedings related to the foregoing shall be filed and maintained only in the Bankruptcy Court, and the Parties hereby consent to and submit to the jurisdiction and venue of the Bankruptcy Court and shall receive notices at such locations as indicated in <u>Section</u> <u>12.03</u> (as may be updated from time to time in accordance with <u>Section</u> <u>12.03</u>); <u>provided</u>, <u>however</u>, that upon the closing of the Bankruptcy Cases, or if the Bankruptcy Court does not have subject matter jurisdiction, the Parties agree to unconditionally and irrevocably submit to the exclusive jurisdiction of the Court of Chancery of the State of Delaware and any appellate court from any thereof, for the resolution of any such Transaction Dispute. In that context, and without limiting the generality of the foregoing, each Party irrevocably and unconditionally:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) submits for itself and its property to the exclusive jurisdiction of the Court of Chancery of the State of Delaware with respect to any Transaction Dispute and for recognition and enforcement of any judgment in respect thereof, and agrees that all claims in respect of any Transaction Dispute shall be heard and determined in such courts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) agrees that venue would be proper in such courts, and waives any objection that it may now or hereafter have that any such court is an improper or inconvenient forum for the resolution of any Transaction Dispute; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) agrees that the mailing by certified or registered mail, return receipt requested, to the Persons listed in <u>Section</u> <u>12.03</u> (as may be updated from time to time in accordance with <u>Section</u> <u>12.03</u>) of any process required by any such court, will be effective service of process; <u>provided</u>, <u>however</u>, that nothing herein will be deemed to prevent a Party from making service of process by any means authorized by the Laws of the State of Delaware.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The foregoing consent to jurisdiction will not constitute submission to jurisdiction or general consent to service of process in the State of Delaware for any purpose except with respect to any Transaction Dispute.

Section 12.15. <u>Waiver of Jury Trial</u>. To the maximum extent permitted by Law, each Party irrevocably and unconditionally waives any right to trial by jury in any forum in respect of any Transaction Dispute and covenants that neither it nor any of its Affiliates or Representatives will assert (whether as plaintiff, defendant or otherwise) any right to such trial by jury. Each Party certifies and acknowledges that (a) such Party has considered the implications of this waiver, (b) such Party makes this waiver voluntarily and (c) such waiver constitutes a material inducement upon which such Party is relying and will rely in entering into this Agreement. Each Party may file an original counterpart or a copy of this <u>Section</u> <u>12.15</u> with any court as written evidence of the consent of each Party to the waiver of its right to trial by jury.

Section 12.16. <u>Admissibility into Evidence</u>. All offers of compromise or settlement among the Parties or their Representatives in connection with the attempted resolution of any Transaction Dispute (a) shall be deemed to have been delivered in furtherance of a Transaction Dispute settlement, (b) shall be exempt from discovery and production and (c) shall not be admissible into evidence (whether as an admission or otherwise) in any proceeding relating to the resolution of any such Transaction Dispute.

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Section 12.17. <u>Remedies; Specific Performance</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Except to the extent set forth otherwise in this Agreement, all remedies under this Agreement expressly conferred upon a Party will be deemed cumulative with and not exclusive of any other remedy conferred hereby, or by Law or equity upon such Party, and the exercise by a Party of any one remedy will not preclude the exercise of any other remedy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Each Party agrees that irreparable damage would occur and the Parties would not have an adequate remedy at law if any provision of this Agreement is not performed in accordance with its specific terms or is otherwise breached. Accordingly, each Party agrees that the other Party will be entitled to injunctive relief from time to time to prevent breaches of the provisions of this Agreement and to enforce specifically the terms and provisions of this Agreement, in each case (i) without the requirement of posting any bond or other indemnity and (ii) in addition to any other remedy to which it may be entitled, at law or in equity. Furthermore, each Party agrees not to raise any objections to the availability of the equitable remedy of specific performance to prevent or restrain breaches of this Agreement, and to specifically enforce the terms of this Agreement to prevent breaches or threatened breaches of, or to enforce compliance with, the covenants and obligations of such Party under this Agreement. Each Party expressly disclaims that it is owed any duty not expressly set forth in this Agreement, and waives and releases all tort claims and tort causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement.

Section 12.18. <u>Non-Recourse</u>. All claims, obligations, Liabilities, Actions or causes of action (whether in Contract or in tort, in law or in equity, or granted by statute) that may be based upon, in respect of, arise under, out or by reason of, be connected with, or relate in any manner to this Agreement, or the negotiation, execution, or performance of this Agreement (including any representation or warranty made in, in connection with, or as an inducement to, this Agreement), may be made only against (and are expressly limited to) the entities that are expressly identified as parties hereto in the preamble to this Agreement or, if applicable, their successors and assigns ("**Contracting Parties**") in each case, subject to and in accordance with the terms and conditions of this Agreement, including <u>Section</u> <u>12.05</u>. No Person who is not a Contracting Party, including any past, present or future director, officer, employee, incorporator, member, partner, manager, stockholder, Affiliate, agent, consultant, attorney, accountants, financial advisor or other representative of, and any lender to, any Contracting Party, or any director, officer, employee, incorporator, member, partner, manager, stockholder, Affiliate, agent, consultant, attorney, accountants, financial advisor or other representative of, and any lender to, any of the foregoing ("**Nonparty Affiliates**"), shall have any Liability (whether in Contract or in tort, in law or in equity, or granted by statute) for any claims, causes of action, obligations, or other Liabilities arising under, out of, in connection with, or related in any manner to this Agreement or based on, in respect of, or by reason of this Agreement or their negotiation, execution, performance, or breach; and, to the maximum extent permitted by Law, each Contracting Party hereby waives and releases all such claims, causes of action, obligations and other Liabilities against any such Nonparty Affiliates. It is expressly agreed that the Nonparty Affiliates to whom this <u>Section</u> <u>12.18</u> applies shall be third-party beneficiaries of this <u>Section</u> <u>12.18</u>.

Section 12.19. <u>Intentionally Omitted</u>.

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Section 12.20. <u>Disclosure</u> <u>Schedules</u> <u>and Exhibits</u>. The Disclosure Schedules, schedules and Exhibits attached to this Agreement shall be construed with and as an integral part of this Agreement to the same extent as if the same had been set forth verbatim herein. Any capitalized terms used in any Exhibit or Schedule or in the Disclosure Schedules but not otherwise defined therein shall be defined as set forth in this Agreement. The representations and warranties of the Sellers set forth in this Agreement are made and given subject to the disclosures contained in the Disclosure Schedules, and neither the Sellers nor any of their Affiliates shall be, or deemed to be, in breach of any such representations and warranties (and no claim shall lie in respect thereof) in respect of any such matter so disclosed in the Disclosure Schedules. Any matter, information or item disclosed in the Disclosure Schedules under any specific representation or warranty or schedule or section thereof shall be deemed to be disclosed and incorporated by reference in any other schedule or section of the Disclosure Schedules as though fully set forth in such other schedule(s) or section(s), if the applicability to such other schedule(s) or section(s) is reasonably apparent on its face. The inclusion of any matter, information or item in the Disclosure Schedules as an exception to a representation or warranty shall not be deemed to constitute (a) an admission of any Liability by the Sellers to any third party, (b) an admission that any breach or violation of applicable Laws or any contract or agreement to which a Seller is a party exists or has actually occurred, (c) an admission that such item is outside the ordinary course of business or not consistent with past practice, or (d) otherwise imply an admission that such item represents a material exception or material fact, event, circumstance or that such item has had, or would reasonably be expected to have a Material Adverse Effect. The Disclosure Schedules have been arranged for purposes of convenience in separately titled schedules corresponding to the sections of this Agreement.

Section 12.21. <u>Counterparts</u>. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which when taken together shall constitute one and the same instrument. Facsimiles, e-mail transmission of .pdf signatures or other electronic copies of signatures shall be deemed to be originals.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK;

SIGNATURE PAGE FOLLOWS]

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IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed on the date first written above by their respective duly authorized officers.

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| | |
|:---|:---|
| <u>**SELLERS:**</u> | <u>**SELLERS:**</u> |
| **TPI COMPOSITES, INC.** | **TPI COMPOSITES, INC.** |
| By: | /s/ William E. Siwek |
|  | Name: William E. Siwek |
|  | Title: President and Chief Executive Officer |
| **TPI ARIZONA, LLC** | **TPI ARIZONA, LLC** |
| By: | /s/ William E. Siwek |
|  | Name: William E. Siwek |
|  | Title: President and Chief Executive Officer |
| **TPI GLOBAL SSC INDIA PRIVATE LIMITED** | **TPI GLOBAL SSC INDIA PRIVATE LIMITED** |
| By: | /s/ Theodore Gibson III |
|  | Name: Theodore Gibson III |
|  | Title: Director |
| By: | /s/ Ryan D. Miller |
|  | Name: Ryan D. Miller |
|  | Title: Chairman |
| **TPI COMPOSITES DENMARK APS** | **TPI COMPOSITES DENMARK APS** |
| By: | /s/ William E. Siwek |
|  | Name: William Eugene Siwek |
|  | Title: Authorized Signatory |

---

[Signature Page to Asset Purchase Agreement (Mexico Business)]

------

---

| | |
|:---|:---|
| **TPI-COMPOSITES, S. DE R.L. DE C.V.** | **TPI-COMPOSITES, S. DE R.L. DE C.V.** |
| By: | /s/ William E. Siwek |
|  | Name: William Eugene Siwek |
|  | Title: Chairman |
| By: | /s/ Charles P. Stroo |
|  | Name: Charles P. Stroo |
|  | Title: Member |
| <u>**BUYER:**</u> | <u>**BUYER:**</u> |
| **VESTAS AMERICA HOLDING, INC.** | **VESTAS AMERICA HOLDING, INC.** |
| By: | /s/ Laura Bean |
|  | Name: Laura Beane |
|  | Title: President |
| By: | /s/ Mathias Dalsten |
|  | Name: Mathias Dalsten |
|  | Title: Chief Financial Officer and Treasurer |

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[Signature Page to Asset Purchase Agreement (Mexico Business)]

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**Exhibit A** 

**Bill of Sale, Assignment and Assumption Agreement** 

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**Exhibit B** 

**IN Delivery Note** 

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**Exhibit C** 

**Form Employee Transfer Agreement** 

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**Schedule A** 

**Debtors** 

1. TPI International, LLC

2. TPI Turkey, LLC

3. TPI APAC, LLC

4. TPI APAC II, LLC

5. TPI Turkey II, LLC

6. TPI Turkey Izbas, LLC

7. TPI Composite Services, LLC

8. TPI Mexico, LLC

9. TPI Mexico II, LLC

10. TPI Mexico III, LLC

11. TPI Mexico IV, LLC

12. TPI Mexico V, LLC

13. TPI Mexico VI, LLC

14. TPI Holdings Mexico, LLC

15. Ponto Alto Holdings, LLC

16. TPI Arizona, LLC

17. TPI Iowa, LLC

18. TPI Iowa II, LLC

19. Composite Solutions, Inc.

20. TPI Texas, LLC

21. TPI Technology, Inc.

------

**Schedule B** 

**Debtor Seller Parties** 

1. TPI Composites, Inc.

2. TPI Arizona, LLC

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**Schedule C** 

**Non-Debtor Seller Parties** 

1. TPI Global SSC India Private Limited

2. TPI Composites Denmark ApS

3. TPI-Composites, S. De R.L. de C.V.

## Exhibit 10.3

**Exhibit 10.3** 

**EXECUTION VERSION** 

**EQUITY COMMITMENT AGREEMENT** 

This EQUITY COMMITMENT AGREEMENT (this "**Agreement**"), dated as of March 4, 2026, is made by and among TPI Composites, Inc., a Delaware corporation, (solely for the purposes of <u>Section</u> <u>1(d)(ii)</u>, <u>Section</u> <u>6(l)</u>, <u>Section</u> <u>11(d)(ii)</u>, <u>Section</u> <u>11(d)(iii)</u>, <u>Section</u> <u>13</u>, <u>Section</u> <u>14</u>, <u>Section</u> <u>15</u>, <u>Section</u> <u>17</u>, <u>Section</u> <u>18</u>, <u>Section</u> <u>19</u>, <u>Section</u> <u>21</u>, <u>Section</u> <u>22</u>, <u>Section</u> <u>24</u>) ("**TPI Parent**"), TPI Mexico V, LLC, a Delaware limited liability company and a wholly owned subsidiary of TPI Parent ("**TPI Mexico V**"), TPI Mexico VI, LLC, a Delaware limited liability company and a wholly owned subsidiary of TPI Parent ("**TPI Mexico VI**"), Vestas America Holding, Inc., a Delaware corporation (the "**Commitment Party**") and solely for purposes of <u>Section</u> <u>15</u>, Vestas Wind Systems A/S, a corporation incorporated under the laws of Denmark ("**Commitment Party Parent**"). TPI Mexico V and TPI Mexico VI are referred to herein, individually, as a "**TPI Group Entity**" and, collectively, as the "**TPI Group Entities**," and each of TPI Parent (solely with respect to the applicable mentions), the TPI Group Entities and the Commitment Party is referred to herein, individually, as a "**Party**" and, collectively, as the "**Parties**." Certain capitalized terms used in this Agreement have the meanings ascribed to such terms in <u>Exhibit A</u> attached hereto.

**WHEREAS**, on August 11, 2025, TPI Parent and certain of its subsidiaries (collectively, the "**Debtors**") filed voluntary petitions for relief (the "**Chapter 11 Cases**") under chapter 11 of title 11 of the United States Code, 11 U.S.C. §§ 101, et seq. (the "**Bankruptcy Code**"), in the United States Bankruptcy Court for the Southern District of Texas (the "**Bankruptcy Court**");

**WHEREAS**, the Parties have agreed to a restructuring of the capital structure and liabilities of TPI Mexico V and TPI Mexico VI (the "**Restructuring**"), to be implemented through the joint plan of reorganization for the TPI Group Entities (as may be amended, supplemented, amended and restated or otherwise modified from time to time in a manner reasonably acceptable to the Commitment Party, the "**Plan**"), the material terms of which are set forth in the term sheet attached hereto as <u>Exhibit B</u> (the "**Plan Term Sheet**");

**WHEREAS**, (a) TPI Parent owns all of the issued and outstanding equity interests of each of TPI Mexico V and TPI Mexico VI, (b) TPI Mexico V owns 99.99% of the issued and outstanding equity interests of TPI Composites II, S. de R.L. de C.V., a company organized under the laws of Mexico (the "**Mexico Subsidiary**"), and (c) TPI Mexico VI owns the remaining 0.01% of the issued and outstanding equity interests of the Mexico Subsidiary;

**WHEREAS**, TPI Mexico V owns thirty-three and three-tenths percent (33.3%) of the issued and outstanding equity interests in TPI Holdings Mexico, LLC, a Delaware limited liability company (the "**Unrelated Mexico Entity**"), and, prior to the Plan Effective Date (defined below), subject to the approval of the Bankruptcy Court (which approval may be effected by way of the Confirmation Order (defined below)), TPI Mexico V will assign all of its equity interests in the Unrelated Mexico Entity to one or more Affiliates or other Persons in accordance with the Plan (the "**Unrelated Mexico Entity Assignment**");

**WHEREAS**, subject to the Bankruptcy Court's entry of an order confirming the Plan (the "**Confirmation Order**"), consummation of the Plan and satisfaction of the other conditions specified in <u>Section</u> <u>8(a)</u> and <u>Section</u> <u>8(b)</u> hereof, on the effective date of the Plan (the "**Plan Effective Date**"), in exchange for the Final Purchase Price (as defined below), which shall be allocated between TPI Mexico V, as reorganized pursuant to the Plan ("**Reorganized TPI Mexico V**"), and TPI Mexico VI, as reorganized pursuant to the Plan ("**Reorganized TPI Mexico VI**"), which allocation is set forth in <u>Annex I</u> attached hereto (the "**Allocation Schedule**"), (a) TPI Mexico V will issue new equity interests representing one hundred percent (100%) of the equity interests of Reorganized TPI Mexico V (the "**TPI Mexico V Direct Investment Interests**" and such investment by the Commitment Party, the "**TPI Mexico V Direct Investment**"), and (b) TPI Mexico VI will issue new equity interests representing one hundred percent (100%) of the equity interests of Reorganized TPI Mexico VI (the "**TPI Mexico VI Direct Investment Interests**" and such investment by the Commitment Party, the "**TPI Mexico VI Direct Investment**"), in each case, on the terms and subject to the conditions set forth in this Agreement; and

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**WHEREAS**, simultaneously with the execution of this Agreement, TPI Parent, certain of its Affiliates and the Commitment Party have entered into that certain Asset Purchase Agreement (the "**APA**") and the Amendment to Amended and Restated Sub-Supplier Advance Agreement (the "**Amendment to A&R Advance Agreement**").

**NOW, THEREFORE**, for and in consideration of the foregoing and the representations, warranties, covenants and agreements set forth in this Agreement, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, agree as follows:

Section 1. **THE EQUITY COMMITMENT**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) *Purchase and Sale.* On the terms and subject to the conditions set forth in this Agreement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The Commitment Party hereby agrees to purchase all of the TPI Mexico V Direct Investment Interests, free and clear of any and all Liens (other than any transfer restrictions of general applicability arising under the Securities Act or any other applicable securities Laws) for the portion of the Final Purchase Price set forth on the Allocation Schedule and in accordance with <u>Section</u> <u>1(b)</u> (the "**TPI Mexico V Equity Commitment**").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The Commitment Party hereby agrees to purchase all of the TPI Mexico VI Direct Investment Interests, free and clear of any and all Liens (other than any transfer restrictions of general applicability arising under the Securities Act or any other applicable securities Laws) for the portion of the Final Purchase Price set forth on the Allocation Schedule and in accordance with <u>Section</u> <u>1(b)</u> (the "**TPI Mexico VI Equity Commitment**" and, together with the TPI Mexico V Equity Commitment, the "**Equity Commitment**").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) On the Plan Effective Date, pursuant to the Plan (A) all of the existing equity interests of TPI Mexico V and TPI Mexico VI shall be cancelled, (B) such TPI Group Entities shall be reorganized in accordance with the Plan, (C) Reorganized TPI Mexico V will issue and sell to the Commitment Party, and the Commitment Party will purchase, the TPI Mexico V Direct Investment Interests, and Reorganized TPI Mexico V will become a wholly owned subsidiary of the Commitment Party and (D) Reorganized TPI Mexico VI will issue and sell to the Commitment Party, and the Commitment Party will purchase, the TPI Mexico VI Direct Investment Interests, and Reorganized TPI Mexico VI will become a wholly owned subsidiary of the Commitment Party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) The aggregate consideration to be paid by the Commitment Party for the sale of all of the Direct Investment Interests shall be an amount in cash equal to (A) the Base Purchase Price, *plus* (B) Estimated Cash, *minus* (C) Estimated Debt, *plus* (D) Estimated Inventory Amount, *plus* (E) Estimated Accounts Receivable Amount, *minus* (F) Estimated Transaction Costs (collectively, the "**Estimated Purchase Price**", as finally determined in accordance with <u>Section</u> <u>1(e)</u> (as adjusted, the "**Final Purchase Price**")).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Delivery of the Direct Investment Interests will be made by Reorganized TPI Mexico V and Reorganized TPI Mexico VI, as applicable, on the Plan Effective Date, upon release of the Estimated Purchase Price and the Estimated Transaction Costs from the Purchase Price Escrow Account, upon which time such funds shall be delivered to WindDown Co by wire transfer of immediately available funds to the accounts specified by WindDown Co to the Commitment Party at least twenty-four (24) hours in advance of the Plan Effective Date.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *Deposit Escrow*. Upon the execution of this Agreement, pursuant to the terms of the Escrow Agreement, the Commitment Party shall immediately deposit the Deposit Escrow Amount with the Escrow Agent by wire transfer of immediately available funds to be released by the Escrow Agent and delivered to either the Commitment Party or WindDown Co in accordance with the provisions of this Agreement, the Escrow Agreement and the Bidding Procedures Order.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) *Estimated Payment Statement; Commitment Funding*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) No fewer than seven (7) Business Days before the Plan Effective Date, the TPI Group Entities shall prepare and deliver, or cause to be prepared and delivered, to the Commitment Party by email a reasonably detailed written statement (the "**Estimated Payment Statement**") setting forth a good faith estimate, as of the Plan Effective Date, of each of: (A) the Cash Amount (the "**Estimated Cash**"), (B) the amount of Debt of the Mexico Subsidiary (if any) (the "**Estimated Debt**"), (C) the Inventory Amount (the "**Estimated Inventory Amount**"), (D) the Accounts Receivable Amount (the "**Estimated Accounts Receivable Amount**"), (E) the aggregate amount of Transaction Costs (the "**Estimated Transaction Costs**") and (F) the resulting Estimated Purchase Price.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) No fewer than five (5) Business Days before the Plan Effective Date, the TPI Group Entities shall deliver, or cause to be delivered, to the Commitment Party by email a written notice (the "**Commitment Funding Notice**") of (A) wire instructions for the Adjustment Escrow Account, the Purchase Price Escrow Account and, solely to the extent the Disputed Lease Amount as of the Commitment Funding Notice is greater than $0.00, the Disputed Lease Escrow Account and (B) the deadline for delivery of the Estimated Purchase Price, which shall be three (3) Business Days before the Plan Effective Date (the "**Commitment Funding Deadline**").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) No later than the Commitment Funding Deadline, the Commitment Party shall deliver and pay to (A) the Plan Escrow Agent, the Purchase Price Escrow Amount and (B) the Adjustment Escrow Agent, (i) the Adjustment Escrow Amount and (ii) solely to the extent the Disputed Lease Amount as of the Commitment Funding Notice is greater than $0.00, the Disputed Lease Amount, by wire transfer in immediately available funds, into the Purchase Price Escrow Account, the Adjustment Escrow Account, and the Disputed Lease Escrow Account, respectively, as applicable. If this Agreement is terminated pursuant to <u>Section</u> <u>11</u> (other than <u>Section</u> <u>11(c)(i)</u>) or if the Plan Effective Date does not occur within five (5) Business Days following the Commitment Funding Deadline, the TPI Group Entities shall instruct the Plan Escrow Agent to release the funds held in the Purchase Price Escrow Account and the Adjustment Escrow Agent to release the funds held in the Adjustment Escrow Account and the Disputed Lease Escrow Account, in each case, to the Commitment Party, without any interest accrued thereon, promptly following such termination or such fifth (5th) Business Day. Notwithstanding the foregoing, (1) the Commitment Party may elect to net from the Purchase Price Escrow Amount any cash distributions it or its Affiliates are entitled to receive under the Plan as of the Plan Effective Date on account of any unsecured claims against the TPI Group Entities (based on unsecured claims held against the TPI Group Entities as of two (2) Business Days prior to the Commitment Funding Deadline, as determined (and, for the avoidance of doubt, mutually agreed) by the Commitment Party and TPI Parent) (such amount, the "**Claims Amount**"), (2) in the event that the Commitment Party exercises such right, in lieu of delivering the Purchase Price Escrow Amount in its entirety as provided herein, the Commitment Party shall be obligated to deliver the Purchase Price Escrow Amount less any such Claims Amount by the Commitment Funding Deadline and (3) on the Plan Effective Date, the

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Commitment Party shall be deemed to have delivered such Claims Amount to TPI Parent or its applicable Debtor Affiliate in partial or full (as applicable) satisfaction of the Commitment Party's payment of the Estimated Purchase Price, and the TPI Group Entities shall be deemed to have delivered such Claims Amount to such Commitment Party or its applicable Affiliate in partial or full (as applicable) satisfaction of such Commitment Party's or Affiliate's entitlements under the Plan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) *Certain Deliverables Due on the Plan Effective Date*. On or prior to the Plan Effective Date:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Each of the TPI Group Entities, as applicable, shall deliver or cause to be delivered to the Commitment Party, the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) to the extent the Direct Investment Interests are certificated, (1) a certificate representing the TPI Mexico V Direct Investment Interests and (2) a certificate representing the TPI Mexico VI Direct Investment Interests;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) the officer's certificates required to be delivered pursuant to <u>Section</u> <u>8(a)(ix)(E)</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) evidence, in form and substance reasonably satisfactory to the Commitment Party, that all consents, approvals, or waivers required in connection with the assignment or transfer of each of the contracts set forth on <u>Section</u> <u>1(d)(i)(C</u>) of the Disclosure Schedules have been duly obtained and are in full force and effect;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) an IRS Form W-9 from TPI Parent and each TPI Group Entity;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(E) the Oaktree Consent and evidence, in form and substance reasonably satisfactory to the Commitment Party, that all Liens (other than Permitted Liens) filed by Oaktree Fund Administration, LLC solely with respect to the Mexico Subsidiary (including the equity interests thereof) have been released or terminated; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(F) any and all other instruments of conveyance and transfer (including such instruments documented in a notarial deed), in form and substance reasonably acceptable to the TPI Group Entities and the Commitment Party, as may be necessary to issue and sell the Direct Investment Interests to the Commitment Party and to consummate the transactions contemplated hereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) TPI Parent shall deliver or cause to be delivered to the Commitment Party (or in the case of <u>Section</u> <u>1(d)(ii)(A)</u> and <u>Section</u> <u>1(d)(ii)(E)</u> below, the Escrow Agent and the Adjustment Escrow Agent, respectively) the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) written instructions to the Escrow Agent, duly executed by TPI Parent, instructing the (x) Escrow Agent to deliver from the Deposit Escrow Account to WindDown Co, an amount equal to the Deposit Escrow Amount and (y) Plan Escrow Agent to deliver from the Purchase Price Escrow Account to (1) WindDown Co, an amount equal to the Estimated Purchase Price (less (i) the Adjustment Escrow Amount, (ii) Disputed Lease Amount and (iii) any Claims Amounts permitted to be netted therefrom pursuant to Section 1(c)(iii)), (2) to the Persons entitled thereto, the Estimated Transaction Costs, and (3) to the holders of Estimated Debt of the Mexico Subsidiary for borrowed money, if any, the amounts payable in respect of such Estimated Debt as set forth in the Payoff Letters (provided, that if the Plan Escrow Agent confirms in writing that it will be unable to make any payments contemplated by <u>prongs (2)</u> or <u>(3)</u> of this <u>Section</u> <u>1(d)(ii)(A)</u>, the Parties agree that such amounts shall be released to Winddown Co for payment by Winddown Co to such third-party on the Plan Effective Date);

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) with respect to any Debt for borrowed money of the Mexico Subsidiary, a payoff letter (the "**Payoff Letters**") from the holder of such Debt to be repaid on the Plan Effective Date, if any, and, to the extent any such Debt exists, evidence in form and substance reasonably satisfactory to the Commitment Party, that all Liens (other than Permitted Liens), to the extent there are any, in connection therewith have been released or terminated;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) an IRS Form W-9 of TPI Parent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) a counterpart to the TSA, duly executed by the TPI Parent and/or its applicable Affiliates (or, any successor-in-interest to TPI Parent's Excluded Business), to the extent the TSA is not already in full force and effect as of the Plan Effective Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(E) a counterpart to the adjustment escrow agreement, duly executed by the TPI Parent, in a form reasonably acceptable to the TPI Group Entities and the Commitment Party (the "**Adjustment Escrow Agreement**");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(F) a joinder, duly executed by WindDown Co, in the form reasonably acceptable to the TPI Group Entities and the Commitment Party;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(G) a counterpart to the IP License Agreement, duly executed by TPI Parent and the other Affiliates of TPI Parent party thereto; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(H) a written acknowledgement in form and substance reasonably satisfactory to Commitment Party, executed by QVC and addressed to the Commitment Party, pursuant to which QVC shall acknowledge and agree that among other things (i) QVC accepts the Commitment Party's replacement guaranty for the MX4 Lease, effective as of the Plan Effective Date in substitution for the existing guaranty of TPI Parent in support of the MX4 Lease (the "**MX4 Lease Guaranty**"), which MX4 Lease Guaranty shall be of no further force or effect from and after the Plan Effective Date, (ii) as of the Plan Effective Date, QVC waives any and all existing defaults of the Mexico Subsidiary and its Affiliates (to the extent applicable) under the MX4 Lease occurring prior to the Plan Effective Date, whether known or unknown, and (iii) the MX4 Lease is in full force and effect as of the Plan Effective Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) The Commitment Party shall deliver or cause to be delivered to the TPI Group Entities (or in the case of <u>Section</u> <u>1(d)(iii)(D)</u> below, the Adjustment Escrow Agent) the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) a counterpart to the TSA, duly executed by the Commitment Party or its Affiliate, to the extent the TSA is not already in full force and effect as of the Plan Effective Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) a counterpart to the IP License Agreement, duly executed by the Commitment Party or its Affiliate;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) the officer's certificate required to be delivered to the TPI Group Entities pursuant to <u>Section</u> <u>8(b)(v)(E)</u>; and

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) a counterpart to the Adjustment Escrow Agreement, duly executed by the Commitment Party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) *Final Payment Statement; Purchase Price Adjustment*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Within sixty (60) days after the Plan Effective Date, the Commitment Party shall deliver to WindDown Co a reasonably detailed statement (the "**Final Payment Statement**") setting forth the Commitment Party's good faith calculation, as of the Plan Effective Date, of (A) the Cash Amount, (B) Debt of the Mexico Subsidiary (if any), (C) the Inventory Amount, (D) the Accounts Receivable Amount, (E) the Transaction Costs, and (F) the Commitment Party's calculation of the Final Purchase Price, together with true, correct and complete copies of all work papers and other information and documentation used in the calculations set forth therein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Following receipt of the Final Payment Statement, WindDown Co shall have a period of thirty (30) days (the "**Review Period**") to review the Final Payment Statement, including all work papers, books and records of the Commitment Party and its Affiliates related to the Business prior to the Plan Effective Date used to prepare the Final Payment Statement. The Commitment Party shall promptly make reasonably available its employees and Representatives responsible for and knowledgeable about the information used in, and the preparation of the Final Payment Statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) If WindDown Co disputes any item set forth in the Final Payment Statement, WindDown Co shall, during the Review Period, deliver written notice to the Commitment Party specifying in reasonable detail the basis for such dispute and WindDown Co's proposed modifications to the Final Payment Statement calculated in accordance with the terms of this Agreement (such notice, the "**Dispute Notice**"). WindDown Co shall only be entitled to deliver one (1) Dispute Notice. Upon the expiration of the Review Period, any matters that are not subject to a timely delivered Dispute Notice shall be deemed to have been accepted by WindDown Co and shall be conclusive and binding upon the Parties. During the thirty (30)-day period immediately following the date on which WindDown Co delivers a Dispute Notice (the "**Resolution Period**"), the Commitment Party and WindDown Co shall negotiate in good faith to reach an agreement on such matters identified in the Dispute Notice, and, to the extent such matters are so resolved within the Resolution Period, then the Final Payment Statement as revised to incorporate such changes as agreed between the Commitment Party and WindDown Co shall be conclusive and binding upon all Parties as the Final Payment Statement. If the Commitment Party and WindDown Co fail to resolve any or all such disputed items within the Resolution Period, then such remaining disputed items shall be finally and conclusively determined by the Bankruptcy Court. WindDown Co and the Parties agree that, to the extent not prohibited by the Bankruptcy Code or other applicable Law, the Bankruptcy Court shall render its determination of matters subject to dispute in the Dispute Notice based solely on (i) written presentations of the Commitment Party, on the one hand, and WindDown Co, on the other hand, submitted to the Bankruptcy Court and not by independent review and (ii) only those matters in dispute as set forth in the Dispute Notice and without assigning a value to any item greater than the greatest value for such item claimed by the Commitment Party or WindDown Co.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) All amounts set forth in the Estimated Payment Statement and the Final Payment Statement, and the determinations and calculations contained therein, shall be prepared in a manner consistent with GAAP and in accordance with the defined terms set forth herein, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) As promptly as possible, but in any event no later than the fifth (5th) Business Day following the date on which the Final Payment Statement becomes conclusive and binding on WindDown Co and the Parties in accordance with this <u>Section</u> <u>1(e)</u>, the difference between the Final Purchase Price and the Estimated Purchase Price (the "**Adjustment Amount**") shall be determined, and the following payments shall be made:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) If the Final Purchase Price is less than the Estimated Purchase Price (such Adjustment Amount, the "**Adjustment Deficit**"), then WindDown Co and the Commitment Party shall execute and deliver a joint written instruction to the Escrow Agent within two (2) Business Days following the date on which the Final Purchase Price is finally determined pursuant to this <u>Section</u> <u>1(e)</u> directing the Adjustment Escrow Agent to release from the Adjustment Escrow Account and pay to the Commitment Party an amount equal to such Adjustment Deficit. In the event that such Adjustment Deficit is less than the Adjustment Escrow Amount, then WindDown Co and the Commitment Party shall jointly instruct the Adjustment Escrow Agent to release from the Adjustment Escrow Account any remaining amounts therein (after payment of such Adjustment Deficit from the Adjustment Escrow Account to the Commitment Party) to WindDown Co within two (2) Business Days following the date on which the Final Purchase Price is finally determined pursuant to this <u>Section</u> <u>1(e)</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) If the Final Purchase Price is greater than the Estimated Purchase Price (such Adjustment Amount, the "**Adjustment Surplus**"), then (1) the Commitment Party shall pay by wire transfer of immediately available funds to an account or accounts as directed by WindDown Co, an amount equal to the Adjustment Surplus within two (2) Business Days following the date on which the Final Purchase Price is finally determined pursuant to this <u>Section</u> <u>1(e)</u>, and (2) WindDown Co and the Commitment Party shall execute and deliver a joint written instruction to the Adjustment Escrow Agent directing the Adjustment Escrow Agent to release from the Adjustment Escrow Account and pay to WindDown Co the Adjustment Escrow Amount.

Notwithstanding anything herein to the contrary, no payment of the Adjustment Deficit nor Adjustment Surplus shall exceed an amount equal to the Adjustment Escrow Amount. Upon and following payment of the amounts provided in this <u>Section</u> <u>1(e)(v)</u> in accordance herewith, neither WindDown Co nor the Commitment Party may make or assert any claim under this <u>Section</u> <u>1(e)</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) *Disputed Lease Amount*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) If the Disputed Lease Amount is $0.00 as of any time between the Commitment Funding Notice and the Plan Effective Date, then, on the Plan Effective Date, the Commitment Party and WindDown Co shall jointly instruct the Adjustment Escrow Agent to release all amounts in the Disputed Lease Escrow Account to WindDown Co.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) If the Disputed Lease Amount as of the Plan Effective Date is greater than $0.00:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) A deposit shall be made into the Disputed Lease Escrow Account in accordance with <u>Section</u> <u>1(c)(iii)</u>. From and after the Plan Effective Date unless and until released in accordance with this <u>Section</u> <u>1(f)</u>, the Adjustment Escrow Agent shall maintain the Disputed Lease Amount in the Disputed Lease Escrow Account and shall release amounts in the Disputed Lease Escrow Account to the Commitment Party or to WindDown Co in accordance with this <u>Section</u> <u>1(f)</u>.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) Following the Plan Effective Date until December 31, 2026, WindDown Co shall have the right to control, at its sole cost and expense, the negotiation, prosecution and settlement of the Disputed Lease Matter. The Commitment Party and the Mexico Subsidiary shall reasonably cooperate with WindDown Co in connection with the Disputed Lease Matter, including by providing non-privileged information reasonably available to them and responding to reasonable inquiries from QVC or the Comisión Nacional del Agua (CONAGUA); *provided* that the Commitment Party and the Mexico Subsidiary shall not be required to incur any material out-of-pocket costs or expenses in connection with such cooperation unless reimbursed by WindDown Co or engage in any litigation or appeal with QVC, the Comisión Nacional del Agua (CONAGUA) or any other Person. WindDown Co shall keep the Commitment Party reasonably informed of material developments with respect to the Disputed Lease Matter and shall provide the Commitment Party with copies of any material written communications with QVC or the Comisión Nacional del Agua (CONAGUA) relating thereto. The Commitment Party shall have the right, at its own expense, to participate in the defense, negotiation or settlement of the Disputed Lease Matter. Notwithstanding the foregoing, WindDown Co shall not, and shall not require the Mexico Subsidiary or the Commitment Party to, settle, compromise or otherwise resolve the Disputed Lease Matter without the prior written consent of the Commitment Party *unless* such settlement, compromise or resolution: (i) does not include any admission of liability, wrongdoing or fault by the Mexico Subsidiary, the Commitment Party or any of their respective Affiliates; (ii) does not impose any obligation, restriction or liability on the Mexico Subsidiary, the Commitment Party or any of their respective Affiliates (including any amendment to any Lease or Contract) other than the payment of monetary amounts equal to or less than the Disputed Lease Amount; and (iii) would not reasonably be expected to adversely affect the ongoing operation of the Mexico Subsidiary or the relationship of the Mexico Subsidiary with QVC or the Comisión Nacional del Agua (CONAGUA).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) If the Disputed Lease Matter is resolved prior to December 31, 2026 in a manner consistent with this <u>Section</u> <u>1(f)</u>, or is otherwise finally determined prior to December 31, 2026, then to the extent the Mexico Subsidiary or any Affiliate thereof is liable for any amounts due and owing in respect of such resolution or final determination, the Commitment Party shall pay such amounts to QVC or the Comisión Nacional del Agua (CONAGUA), as applicable, and the Parties shall jointly instruct the Adjustment Escrow Agent to release (x) to the Commitment Party, the amount actually paid by the Commitment Party pursuant to this <u>Section</u> <u>1(f)(ii)(C)</u> which in no event will exceed the amount available in the Disputed Lease Escrow Account and (y) to WindDown Co, any remaining amounts in the Disputed Lease Escrow Account.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) If, as of December 31, 2026, the Disputed Lease Matter has not been fully resolved, the Parties shall jointly instruct the Adjustment Escrow Agent to release to the Commitment Party any amount then remaining in the Disputed Lease Escrow Account.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Notwithstanding anything in this Agreement or any other Transaction Agreement to the contrary, all escrow fees and expenses associated with the Disputed Lease Escrow Account shall be borne equally by the Commitment Party, on the one hand, and the TPI Group Entities or their Affiliates, on the other hand, with each responsible for fifty percent (50%) of such fees and expenses.

Section 2. **TRANSFERS/ASSIGNMENT**. The Commitment Party's Equity Commitment shall not be transferable directly or indirectly, in whole or in part; *provided*, that the Commitment Party may assign the Equity Commitment and its rights and obligations under this Agreement to any of its Affiliates; *provided*, *further*, that the Commitment Party shall remain fully obligated for the Equity Commitment and all of its obligations hereunder until the earlier of the consummation of the transactions contemplated hereby or termination of this Agreement in accordance with the terms and conditions contained herein.

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Section 3. **WITHHOLDING**. Neither the Commitment Party nor any of its Affiliates shall be entitled to deduct or withhold Taxes from any payments made under this Agreement except as required by applicable Law relating to Taxes. If any applicable Law relating to Taxes requires the deduction or withholding of any Tax from any such payments, then the Commitment Party or any of its Affiliates shall be entitled to make such deduction or withholding; *provided*, other than due to the failure of any TPI Group Entity to provide a certificate pursuant to <u>Section</u> <u>1(d)(i)(C)</u> that the Parties and their respective Affiliates shall use commercially reasonable efforts to consult with each other in good faith regarding such determination and cooperate to reduce such potential withholding, including through accepting any relevant form establishing an entitlement to reduce withholding. Such amounts deducted and withheld shall be timely paid to the applicable Government Authority and shall be treated for all purposes of this Agreement as having been paid by the Commitment Party or any of its Affiliates to the recipient in respect of which such deduction and withholding was made.

Section 4. **REPRESENTATIONS AND WARRANTIES OF THE TPI GROUP ENTITIES**. Except as set forth on the Disclosure Schedules, each TPI Group Entity represents and warrants to the Commitment Party that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) *Formation and Authority of the TPI Group Entities; Enforceability*. Each of the TPI Group Entities is a corporation, limited liability company or other entity duly incorporated, formed or organized, validly existing and, to the extent legally applicable, in good standing under the Laws of its jurisdiction of incorporation, formation or organization. Each TPI Group Entity has the requisite power, legal capacity and authority to own, lease and operate its properties and carry on its business as now conducted, as applicable, and is duly qualified as a foreign corporation or other entity or organization to do business, and to the extent legally applicable, is in good standing in each jurisdiction in which the character of its owned, operated or leased properties or the nature of its activities makes such qualification necessary, except for jurisdictions where the failure to be so qualified or in good standing has not had or would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. Except for such authorizations required by the Bankruptcy Court, each of the TPI Group Entities has the requisite corporate power and authority to enter into, execute and deliver this Agreement and any other TPI Transaction Agreements and, subject to entry of the Confirmation Order, to perform its obligations hereunder and thereunder. Each of the TPI Group Entities has taken all necessary corporate action required for the due authorization, execution, delivery and performance by it of this Agreement and any other TPI Transaction Agreements, and subject to the entry of the Confirmation Order, will have taken all necessary corporate action required to perform its obligations hereunder and under any other agreements contemplated herein, including, to issue the Direct Investment Interests. Prior to the Plan Effective Date, each of the TPI Group Entities will have taken all necessary corporate action required for the due authorization, execution, delivery, and subject to the entry of the Confirmation Order, performance by it of the Plan. Except for such authorizations as may be required by the Bankruptcy Court, this Agreement and any other agreements contemplated herein have been and will be duly and validly executed and delivered by each of the TPI Group Entities and, subject to entry of the Confirmation Order and consummation of this Agreement and the other TPI Transaction Agreements (and assuming due authorization, execution and delivery thereof by the other parties hereto and thereto), constitute, and upon execution and delivery thereof, the other TPI Transaction Agreements will constitute legal, valid and binding obligations of such TPI Group Entity, enforceable against such TPI Group Entity in accordance with their respective terms, subject to the Bankruptcy and Equity Exception.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *Formation and Qualification of the Mexico Subsidiary*. The Mexico Subsidiary is a limited liability company with variable capital (*sociedad de responsabilidad limitada de capital variable*) duly incorporated, formed or organized, validly existing and, to the extent legally applicable, in good standing under the Laws of its jurisdiction of incorporation, formation or organization. The Mexico Subsidiary has the requisite power, legal capacity and authority to own, lease and operate its assets, rights and properties and carry on its business as now conducted, as applicable and is duly qualified to do business in Mexico, and, to the extent legally applicable, is in good standing, in each jurisdiction in which the character of its owned, operated or leased properties or the nature of its activities makes such qualification necessary, except where the failure to be so qualified or in good standing has not had or would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) *Capital Structure of the TPI Mexico Entities; No Subsidiaries*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Other than the Mexico Subsidiary, none of the TPI Mexico Entities have any other Subsidiaries and do not own, directly or indirectly, equity interests in any other Person.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) *Issuance*. As of the Plan Effective Date, subject to Confirmation Order and effectiveness of the Plan, the Direct Investment Interests to be issued and sold by each of the Reorganized TPI Mexico V and Reorganized TPI Mexico VI to the Commitment Party hereunder will have been duly and validly authorized and, when the Direct Investment Interests are issued and delivered to the Commitment Party in accordance with the terms hereof, will be duly and validly issued and outstanding, fully paid, non-assessable and free and clear or all Taxes, Liens, pre-emptive rights, rights of first refusal, subscription and similar rights other than Liens pursuant to applicable securities Laws or Liens imposed by the Commitment Party as of the effectiveness of the Plan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) *No Conflict*. Provided that all Consents, waivers and other actions listed on <u>Section</u> <u>4(e)</u> and <u>Section</u> <u>4(f)</u> of the Disclosure Schedules have been obtained or satisfied, the execution, delivery and performance by the TPI Group Entities of TPI Transaction Agreements (including the consummation of TPI Transactions) do not and will not:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) violate or conflict with the certificate or articles of incorporation or bylaws or similar organizational or governing documents of any of the TPI Parent or TPI Mexico Entities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) violate in any material respect any Law or Order applicable to TPI Parent, the TPI Mexico Entities or the Business; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) violate, conflict with, result in a breach of or constitute a violation or default (or, any event that, with notice or lapse of time or both, would constitute a default) under, or give rise to any right to terminate, cancel or accelerate, or result in a loss of a material benefit under, any Material Contracts to which the TPI Group Entities or any of their Subsidiaries or Affiliates is a party or by which any of such assets or properties is bound.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) *Consents and Approvals*. Except as otherwise set forth on <u>Section</u> <u>4(f)</u> of the Disclosure Schedules, the execution, delivery and performance by the TPI Group Entities of TPI Transaction Agreements (including the consummation of TPI Transactions) do not and will not require any Consent, waiver, or other action from or by, or any filing with or notification to, any Government Authority by TPI Parent or any TPI Mexico Entity, except (i) in connection with applicable filing, notification, waiting period or approval requirements under applicable Antitrust Laws, (ii) where the lack of any such Consent, waiver, or other action or filing or notification would not, individually or in the aggregate, reasonably be expected to be material to the Business or to affect prevent, materially delay or materially impair any TPI Group Entity's ability to consummate the Transactions or perform its obligations under the TPI Transaction Agreements; and (iii) as may be necessary solely and exclusively as a result of any facts or circumstances relating to the Commitment Party or its Affiliates.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) *Financial Information; Absence of Undisclosed Liabilities*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <u>Section 4(g)(i)</u> of the Disclosure Schedules sets forth the unaudited consolidated balance sheet and income statement of the TPI Mexico Entities for the year ended December 31, 2025 (the "**Financial Statements**"). 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The Financial Statements (A) have been (or will be) prepared based on the books and records of the TPI Mexico Entities, (B) have been (or will be) prepared in all material respects in accordance with GAAP and (C) present fairly (or will present fairly), in all material respects, the financial condition and results of operation of the Business (on a consolidated basis with the business of TPI Parent's Affiliates) as of the respective dates and for the respective periods presented, subject, to normal year-end adjustments and the absence of complete notes (as applicable) none of which are material in nature.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Except (A) Liabilities set forth in the Financial Statements, (B) Liabilities incurred in the ordinary course of business since August 11, 2025 (none of which relate to a breach of Contract, tort, infringement, violation of Law, Order or Permit, or any material Action other than Actions filed in the Bankruptcy Court), (C) Liabilities arising under this Agreement, and (D) Liabilities that would not, individually or in the aggregate, reasonably be expected to be material to the Business or the TPI Mexico Entities, there are no Liabilities of the Business or the TPI Mexico Entities that are required to be reflected on, reserved against or otherwise described in a balance sheet prepared in accordance with GAAP.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) The Mexico Subsidiary does not have any (A) Debt or (B) obligations under any material leases required to be recorded as capital leases under GAAP.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) *Absence of Certain Changes or Events*. Except as contemplated by the Transaction Agreements, or in connection with the negotiation and execution of the Transaction Agreements, the filing of the Chapter 11 Cases or the consummation of the Transactions, since November 30, 2025, (i) through the date hereof, the TPI Mexico Entities have conducted the Business in all material respects in the ordinary course of business, (ii) through the date hereof, with respect to Intellectual Property, the TPI Parent and the TPI Mexico Entities did not sell, assign, license, sublicense, abandon, allow to lapse, transfer or otherwise dispose of, or create or incur any Lien on or otherwise fail to take any commercially reasonable action necessary to maintain or protect rights in, any Business Intellectual Property, other than Permitted Liens incurred in the ordinary course of business, (iii) through the date thereof, there has not been a Material Adverse Effect and (iv) there has been no change in any method of accounting or accounting practice of the TPI Mexico Entities, except as required by GAAP or applicable Law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) *Absence of Litigation*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Other than the Chapter 11 Cases and any adversary proceedings or contested motions commenced in connection herewith and other than as set forth in the Disclosure Statement (as defined below), there are no Actions or Orders pending, existing or, threatened in writing against TPI Parent (with respect to the Business) or the TPI Mexico Entities that are material to the Business or any of the TPI Mexico Entities or would reasonably be expected to materially prevent, delay or impair any TPI Group Entity's ability to consummate TPI Transactions or perform its obligations under TPI Transaction Agreements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Except as otherwise set forth on <u>Section</u> <u>4(i)(ii)</u> of the Disclosure Schedules, there are no Actions or Orders pending, existing or threatened in writing against the TPI Mexico Entities that would reasonably be expected to materially prevent, delay or impair any TPI Group Entity's ability to consummate TPI Transactions or perform its obligations under TPI Transaction Agreements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) *Brokers*. Except for fees and expenses of Jefferies LLC and Alvarez & Marsal North America, LLC (collectively, "**TPI's Bankers**") (whose fees and expenses shall be solely borne by the TPI Group Entities (as applicable) as a Transaction Cost), no broker, finder or investment banker is entitled to any brokerage, finder's or other fee or commission from the TPI Group Entities or any of their respective Affiliates in connection with the Transactions and no broker, finder or investment banker, other than TPI's Bankers has acted for or on behalf of the TPI Group Entities or any of their respective Affiliates in connection with the Transactions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) *Title to Property; Sufficiency of Assets*. 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) (A) As of the Plan Effective Date, the TPI Mexico Entities have good title to free and clear of any and all Liens (other than Permitted Liens) or a valid leasehold interest in, all personal properties, machinery, equipment and other tangible and intangible assets of the business necessary or otherwise used in the ordinary course of business in the conduct of the Business, and (B) such properties, machinery, equipment and other tangible and intangible assets (including all Business Intellectual Property and all Intellectual Property rights licensed under applicable Contracts with the TPI Parent and/or one or more of the TPI Mexico Entities), (1) are, in all material respects, in the possession or control of the TPI Mexico Entities and their respective Subsidiaries; (2) are in good and operable condition and repair, reasonable wear and tear excepted; (3) assuming receipt of all consents, approvals and authorizations as contemplated pursuant to <u>Section</u> <u>4(f)</u> and taking into account all Transaction Agreements and the APA (and, in each case, the rights and granted services to be performed thereunder), constitute all of the properties, rights and assets that are necessary to permit the Commitment Party to conduct the Business, after the Plan Effective Date, in all material respects as presently conducted by TPI Parent and the TPI Mexico Entities; and (4) are, in all material respects, suitable for the uses for which they are intended.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) TPI Parent (to the extent such leases are Related to the Business) and the TPI Mexico Entities have complied in all material respects with all obligations under all leases to which they are a party that have not been rejected in the Chapter 11 Cases, and all such leases are in full force and effect (except to the extent subject to applicable to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium, and similar Laws affecting creditors' rights generally and to general principles of equity). The TPI Mexico Entities enjoy peaceful and undisturbed possession under all such leases in all material respects. For the avoidance of doubt, the foregoing representations and warranties shall not apply to leases relating to Leased Real Property, which are otherwise governed by <u>Section</u> <u>4(s)</u> hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) No asset, property, right or service of TPI Parent or any of its Affiliates (other than those assets, properties, rights or services of the TPI Mexico Entities), including those assets, properties, rights or services of the Unrelated Mexico Entity, is material to, or necessary for, the ownership, operation or conduct of the Business as presently conducted by the TPI Mexico Entities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Except as set forth on <u>Section</u> <u>4(k)(iv)</u> of the Disclosure Schedules, TPI Parent and the TPI Mexico Entities or any of their respective Affiliates are not aware of, to the Knowledge of Each TPI Group Entity, any facts, circumstances, or conditions that would reasonably be expected to prevent or impair the Commitment Party's ability to operate the Business in the ordinary-course following the Plan Effective Date, including in substantially the same manner as conducted by the TPI Mexico Entities and their respective Affiliates immediately prior to the Plan Effective Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) *Compliance with Laws; Permits*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) None of the TPI Mexico Entities is in violation of any Laws or Orders applicable to the conduct of the Business in any material respect. None of the TPI Mexico Entities has received any written notice of or been charged with the violation of any Laws or Orders, except where such violation would not reasonably be expected to be material to the Business or any of the TPI Mexico Entities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) <u>Section 4(l)(ii)</u> of the Disclosure Schedules sets forth each of the material Permits held by TPI Parent and constitute all of the material Permits necessary for the operation of the Business or the TPI Mexico Entities. Each such Permit is valid, binding and in full force and effect, in each case, except as would, individually or in the aggregate, not reasonably be expected to be material to the Business or any of the TPI Mexico Entities. Except as would not be material to the Business or any of the TPI Mexico Entities, the TPI Mexico Entities have not received written notice threatening to suspend, revoke, withdraw or modify any Permit listed on <u>Section</u> <u>4(l)(ii)</u> of the Disclosure Schedules.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) *Intellectual Property*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <u>Section 4(m)(i)(A)</u> of the Disclosure Schedules sets forth a list of all material registered Business Intellectual Property, other than any registrations or applications that may have expired or been cancelled or abandoned in the ordinary course of business prior to the date hereof, and <u>Section</u> <u>4(m)(i)(B)</u> of the Disclosure Schedules sets forth a list of all material but unregistered Intellectual Property owned or purported to be owned by TPI Parent (solely to the extent Related to the Business) and the TPI Mexico Entities. <u>Section</u> <u>4(m)(i)(C)</u> of the Disclosure Schedules sets forth a list of all Software owned, licensed, used, reproduced, modified, or distributed by TPI Parent and the TPI Mexico Entities ("**Company Owned Software**"), in each case solely as Related to the Business and material to the operation of the Business.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To the Knowledge of Each TPI Group Entity, the TPI Mexico Entities (as applicable) own all right, title and interest in or has a valid right to use, the Business Intellectual Property, Business Technology, and other Intellectual Property licensed by the TPI Mexico Entities (collectively, "**Licensed IP**"). Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, the Business Intellectual Property, Business Technology, and all such licensed Intellectual Property represents all Intellectual Property required to operate the Business of the TPI Mexico Entities as currently operated and as it had been operated in the twelve (12) months prior to the date of this Agreement. Except as would not be material to the Business, no grants or funding of any Government Authority was used to develop or create (in whole or in part) any Licensed IP.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To the Knowledge of Each TPI Group Entity, the TPI Mexico Entities have complied in all material respects with all of their obligations pursuant to all Contracts under which material Intellectual Property is licensed from or to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) The operation of TPI Parent (to the extent Related to the Business) and each TPI Group Entity, and the Business Intellectual Property, and the Business Technology as used in the operation of the Business as of the date hereof and in relation to the operation of the Business in the prior six (6) years, do not infringe upon or misappropriate or otherwise violate the Intellectual Property of any third party in a manner that would, individually or in the aggregate, reasonably be expected to be material to the Business. To the Knowledge of Each TPI Group Entity, neither the TPI Parent (to the extent Related to the Business) nor any of the TPI Mexico Entities has received any written claim or notice from any Person during the past six (6) years alleging that the operation of the or any Product or service of the Business infringes upon or misappropriates or otherwise violates any Intellectual Property of any third party. As of the date hereof, there are no Actions or Orders currently pending, existing or, to the Knowledge of Each TPI Group Entity, threatened in writing against the TPI Parent (in relation to the Business) or any TPI Mexico Entity alleging that the operation of the Business or any Product or service of the Business materially infringes upon or materially misappropriates or otherwise violates any Intellectual Property of any third party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) To the Knowledge of Each TPI Group Entity, except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, (i) neither the TPI Parent (to the extent Related to the Business) nor any of the TPI Group Entities have received any written notice alleging a violation or breach of any open source license associated with the Company Owned Software or any license to any other Software used in the Business and (ii) no open source Software that is associated with any Company Owned Software is associated with a copyleft-type open source license or other license that requires, as a condition of use of, modification of, distribution of, or linking to such open source Software or other third party Software, that such open source Software, third party Software, or any other Software or other Intellectual Property rights relating to, derived from, combined with, distributed with, and/or linked to, such open source Software or such third party Software be: (a) disclosed or distributed in source code form; (b) licensed for the purpose of making derivative works; or (c) redistributable at no charge.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) Except as would not individually or in the aggregate reasonably be expected to be material to the Business, the TPI Group Entities are in actual possession of and have sufficient control and rights over, or have valid and enforceable rights to use, all Data Related to the Business. No Data that is used in connection with the Business is necessary to conduct the Business, except for Data that is (I) Related to the Business, (II) expressly licensed to the Commitment Party Parent pursuant to an IP License Agreement substantially in the form attached hereto as <u>Exhibit C</u>, and duly executed by the TPI Parent and/or its applicable Affiliates (the "**IP License Agreement**") or (III) made available to the Commitment Party Parent under the TSA.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, each of TPI Parent and the TPI Mexico Entities has sufficient rights of ownership or rights to use under enforceable Contracts to all Systems and associated documentation, all of which rights shall survive unchanged upon the consummation of the Transactions. The Systems are adequate for the needs of the Business and provide commercially reasonable redundancy and speed to meet the performance requirements of the Business as currently conducted. To the Knowledge of Each TPI Group Entity, the Systems do not contain any viruses, malware, Trojan horses, worms, other undocumented contaminants, material bugs, vulnerabilities, faults, disabling codes, or other, devices or effects that reasonably could (A) enable or assist any Person to access without authorization the Systems or any information in the Systems, or (B) otherwise adversely affect the functionality of the Systems. In the past three (3) years, there have been no security breaches, Data losses or failures of the Systems in each case, except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) No Person is currently infringing upon or misappropriating or otherwise violating any Business Intellectual Property, except for any such infringements or misappropriations that would not, individually or in the aggregate, reasonably be expected to be material to the Business or any of the TPI Mexico Entities or that have caused or will cause a Material Adverse Effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) Except as would not reasonably be expected to be material to the Business as a whole, each of TPI Parent and the TPI Mexico Entities has executed agreements with each of its employees, consultants and contractors that include (A) confidentiality provisions protecting confidential information, and (B) Intellectual Property assignment provisions that assign all rights in any Intellectual Property created or developed to the TPI Parent (to the extent Related to the Business) or such TPI Mexico Entity, as applicable (or all such Intellectual Property rights vest in ownership in the TPI Parent (to the extent Related to the Business) or such TPI Mexico Entity, as applicable, under operation of applicable law).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) To the Knowledge of Each TPI Group Entity, TPI Parent (to the extent Related to the Business) and each of the TPI Mexico Entities has taken commercially reasonable steps to maintain the confidentiality of all Trade Secrets and other confidential information included in the Business Intellectual Property and Business Technology except as would not, individually or in the aggregate, reasonably be expected to be material to the Business. To the Knowledge of Each TPI Group Entity, during the past three (3) years, there has been no unauthorized use by any Person of any such Trade Secrets, except as would not, individually or in the aggregate, reasonably be expected to be material to the Business. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, to the Knowledge of Each TPI Group Entity, with respect to Personal Data, the TPI Parent (to the extent Related to the Business) and each of the TPI Mexico Entities have, during the two (2) years preceding the date hereof: (a) complied with all Data Protection Obligations; (b) had commercially reasonable safeguards in place designed to protect Personal Data in the possession or under the control of the TPI Parent (to the extent Related to the Business) and TPI Mexico Entities against loss, theft, or unauthorized disclosure; (c) not experienced any security breach; and (d) not received any written notice of any claims alleging any violation of any Data Protection Obligations by the TPI Parent (to the extent Related to the Business) or any of the TPI Mexico Entities.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, if Intellectual Property Related to the Business, including any Material Contract, that was intended to be transferred hereunder but was not transferred due to operation of law or otherwise, the TPI Parent or the TPI Group Entities, as applicable, shall, and hereby do, assign and transfer all of its rights, title and interest in such Intellectual Property and each such Material Contract to the Commitment Party for no additional consideration.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n) *Environmental Matters.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Each of the TPI Mexico Entities is in compliance with all applicable Environmental Laws, except where the failure to comply would not, individually or in the aggregate, reasonably be expected to be material to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business: (A) each of the TPI Mexico Entities is in compliance with all Environmental Permits required to operate the Business or the TPI Mexico Entities, (B) each such Environmental Permit is valid and in full force and effect, (C) there are no pending, existing or threatened Actions, Orders or proceedings relating to the appeal, revocation, withdrawal, non-renewal, suspension, cancellation or termination of such Environmental Permits, and (D) any applications for renewal of such Environmental Permits due under Environmental Laws or the terms of such Environmental Permits as of the date of this Agreement have been duly filed with the applicable Government Authority within the time frame required under applicable Environmental Laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, there are no Actions or Orders pending, existing or threatened against any of TPI Parent (solely with respect to the Business) or TPI Mexico Entity alleging that TPI Parent or the TPI Mexico Entities are violating, or responsible for a Liability under, any Environmental Law, nor has any TPI Mexico Entity otherwise received any written notice from any Government Authority or other Person alleging any violation of, or Liability under, any Environmental Law, which, in each case, remains pending or unresolved.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, there have been no Releases of Hazardous Materials by the TPI Mexico Entities at or from the Leased Real Property in concentrations greater than those allowed under Environmental Laws or Environmental Permits, which would reasonably be expected to require investigation, remediation or monitoring by the TPI Mexico Entities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) The TPI Group Entities have provided or otherwise made available to the Commitment Party: (A) copies, or a list of, all Environmental Permits currently held by TPI Parent (with respect to the Business) and the TPI Mexico Entities; and (B) copies of all material, non-privileged documents bearing on TPI Parent's (with respect to the Business) and the TPI Mexico Entities' unresolved material environmental Liabilities or violations of Environmental Law, to the extent in their possession or reasonable control.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(o) *Material Contracts*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <u>Section 4(o)(i)</u> of the Disclosure Schedules lists the following Contracts to which any TPI Mexico Entity is a party and that are in effect on the date hereof (other than purchase orders) (collectively, the "**Material Contracts**"):

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) Contracts, other than Employee Plans, with any current or former officer, employee or director of any TPI Mexico Entity;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) Collective Bargaining Agreements or other Contracts with Unions currently representing any Covered Employees;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) Contracts to sell (including Contracts to assign or sublease any material Leased Real Property) or otherwise dispose (other than a non-exclusive license or sublicense) of any material assets or properties of the TPI Mexico Entities, other than in the ordinary course of business, which Contracts have obligations that have not been satisfied or performed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) Contracts relating to the acquisition by any TPI Mexico Entity of any operating business or the capital stock of any other Person;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(E) other than intercompany Debt made or incurred in the ordinary course or in accordance with any Order of the Bankruptcy Court, Contracts relating to the incurrence of Debt or the making of any loans;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(F) Contracts (or series of Contracts with the same counterparty), (1) to purchase goods or products from a supplier that will result in purchases or expenditures by TPI Parent and the TPI Mexico Entities in an aggregate amount that exceeds $50,000 annually or (2) to sell goods or Products to a customer that will result in sales by TPI Parent and the TPI Mexico Entities, and, in the case of (1) and (2), extends or requires performance by any party thereto for more than one (1) year from the date hereof and are not terminable by TPI Parent or applicable TPI Mexico Entity party thereto without penalty on less than ninety (90) days' notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(G) Contracts to enter into any commitment for capital expenditures outside of the ordinary course of business, in excess of $100,000;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(H) Contracts with any Government Authority that will result (1) in sales by the TPI Mexico Entities and (2) in expenditures by the TPI Mexico Entities in excess of $10,000 annually; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) Contracts containing any non-competition, non-solicitation, most favored nation or similar provision that otherwise prohibits the TPI Mexico Entities from freely engaging in any material respect in respect of the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Each Material Contract is a legal, valid and binding obligation of the applicable TPI Mexico Entity party thereto, as the case may be, and, to the Knowledge of Each TPI Group Entity, each other party to such Material Contract, and is enforceable against the applicable TPI Mexico Entity, as the case may be, and, to the Knowledge of Each TPI Group Entity, each other party to such Material Contract, in accordance with its terms, subject, in each case, to the Bankruptcy and Equity Exception.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To the Knowledge of Each TPI Group Entity, no TPI Mexico Entity has received or delivered any notice of any material default or event that, with notice or lapse of time or both would constitute a material default under any Material Contract, except for defaults that would not, individually or in the aggregate, reasonably be expected to be material to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(p) *Employment and Employee Benefits Matters*.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <u>Section 4(p)(i)</u> of the Disclosure Schedules lists all material Employee Plans. With respect to each Employee Plan, each TPI Group Entity has previously provided to the Commitment Party a true and complete copy of the following documents, to the extent applicable: (A) any written plan documents and all amendments thereto, (B) insurance Contracts or other funding arrangements, (C) the most recent audited financial statements and actuarial valuation reports, and (D) any material, non-routine correspondence with any Government Authority received in the past twenty-four (24) months regarding the operation or the administration of such Employee Plan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, no Employee Plan provides post-termination or retiree health benefits to any individual for any reason, and, except as required by Law, no TPI Mexico Entity has any Liability to provide post-termination or retiree health benefits to any individual or ever represented, promised or contracted to any individual that such individual would be provided with post-termination or retiree health benefits.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Except where the failure to do so would not, individually or in the aggregate, reasonably be expected to be material to the Business, (A) each Employee Plan complies in form and has been operated in accordance with its terms and all applicable Laws, (B) each of the TPI Mexico Entities have made all required contributions and paid in full all required insurance premiums and other required payments with regard to each Employee Plan to the extent due or owing on or before the Plan Effective Date, (C) if intended to qualify for special Tax treatment meets all requirements for such treatment, (D) if intended to be fully funded and/or book-reserved is fully funded and/or book reserved, as appropriate, based upon reasonable actuarial assumptions and (E) for purposes of each Employee Plan, each TPI Mexico Entity correctly classified those individuals performing services for the Business as direct employees, independent contractors or agents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, no Actions or Orders are pending, existing or threatened in writing from any Government Authority in connection with any Employee Plan (other than routine benefit claims).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) <u>Section 4(p)(v)</u> of the Disclosure Schedules sets forth a list, as of the date of this Agreement of all employees of the TPI Mexico Entities, specifying (A) job title, (B) status (e.g., full-time regular, part-time regular, variable, seasonal, temporary, leased), (C) work location (city and state and country), (D) hire date, (E) classification under the Fair Labor Standards Act, the Mexican Federal Labor Law (Ley Federal del Trabajo) for the Mexico Subsidiary or any similar applicable Law (i.e., exempt or management employee (empleado de confianza), non-exempt or base employee (empleado base)), (F) leave of absence status (including type and anticipated return date, if applicable) and (G) employing entity. Except as set forth on <u>Section</u> <u>4(p)(v)</u> of the Disclosure Schedules no other employee of TPI Parent is materially involved in the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) As of the date hereof, there are no individual independent contractors or consultants of the TPI Mexico Entities or TPI Parent who primarily provide services to the Business. Except as would not result in material liability for the TPI Mexico Entities, in the past three (3) years, any individual independent contractors of the TPI Mexico Entities or TPI Parent primarily providing services to the Business were properly classified as individual independent contractors in accordance with applicable law in all material respects and, to the Knowledge of Each TPI Group Entity, no such individual or any Government Authority has disputed such classification.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) No TPI Mexico Entity is party to or bound by any Collective Bargaining Agreement or other Contract with a Union and no Covered Employee is represented by a Union with respect to their employment with the TPI Mexico Entities. To the Knowledge of Each TPI Group Entity, there is no effort currently being made or threatened by, or on behalf of, any Union to organize any Covered Employee, and there has been no such effort during the past five (5) years.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, with respect to the Covered Employees, there are no (A) strikes, concerted work stoppages, concerted work slowdowns or lockouts pending, or, to the Knowledge of Each TPI Group Entity, threatened against the TPI Mexico Entities, or (B) Actions or Orders or any other unfair labor practice charges or labor grievances or arbitrations pending, or, to the Knowledge of Each TPI Group Entity, threatened against the TPI Mexico Entities. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, the TPI Mexico Entities have been, for the past three (3) years, in compliance in all respects with all employment Laws with respect to the Covered Employees, and individual independent contractors or consultants engaged by the TPI Mexico Entities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) With respect to Covered Employees: (A) there has been no plant closing or mass layoff within the last twelve (12) months; and (B) there has been no temporary furlough, layoff or plant closing within the last six (6) months which the TPI Mexico Entities now reasonably believe will last longer than six (6) months beyond the time period during which the furlough, layoff or plant closing was implemented.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) To the Knowledge of Each TPI Group Entity, neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby could (either alone or in conjunction with any other event) result in, accelerate the vesting, funding, or delivery of, or increase the amount or value of, any payment, severance, or benefit to any Covered Employee or any individual independent contractor or individual consultant of the TPI Mexico Entities that provides services Related to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) All Covered Employees are "at-will employees."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) As of the Plan Effective Date, except as would not result in material liability for the TPI Mexico Entities, the TPI Mexico Entities, as applicable, have paid in full (A) to all current and former employees primarily dedicated to the Business and any Covered Employee, any wages, salaries, commissions, bonuses, compensation, overtime, cash out of accrued and unused vacation, paid time off or other leave, severance, and any other amounts that are due and payable prior to the Plan Effective Date; and (B) to all independent contractors, consultants, and temporary employees performing services for the Business, any fees for services that are due and payable prior to the Plan Effective Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) Except as disclosed in <u>Section</u> <u>4(p)(xiii)</u> of the Disclosure Schedules, none of the TPI Mexico Entities is a party to or bound or governed by, or subject to any employment, consulting, retention, change of control or similar agreement providing for change of control, golden parachute, retention, severance, termination or similar payments or other compensation or benefits to, any Covered Employee in connection with either (i) the consummation of any transaction contemplated by this Agreement, or (ii) a change in control (including as a result of this Agreement).

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiv) (A) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, there are no, and in the past three (3) years there have been no, material grievances, complaints or charges with respect to employment or labor matters pending or, to the Knowledge of Each TPI Group Entity, threatened against the TPI Mexico Entities in any judicial, regulatory or administrative forum, under any private dispute resolution procedure; and (B) the TPI Mexico Entities are not, and in the past three (3) years have not been, subject to any material order, decree, injunction or judgment by any Government Authority or private settlement contract in respect of any labor or employment matters.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xv) There have been no critical or fatal injuries involving current or former employees of the TPI Mexico Entities in the past three (3) years, that are, were, or would reasonably be expected to be material to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(q) *Inventory*. The items of Inventory of the TPI Mexico Entities (i) are in good and marketable condition in all material respects and (ii) were acquired and have been maintained in accordance in all material respects with the regular business practices of the TPI Mexico Entities in the ordinary course of business consistent with past practice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(r) *Taxes*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Each TPI Mexico Entity has timely filed (or has had filed on its behalf) all material Tax Returns required to be filed considering any extensions of time to file such Tax Returns. All amounts of Taxes due and payable by each TPI Mexico Entity (shown as due on such Tax Returns) have been timely paid (taking into account permitted extension), other than with respect to any Taxes the payment of which was precluded by reason of the Chapter 11 Cases.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) No material deficiencies for any Taxes have been proposed, asserted or assessed, in each case, in writing, by a Taxing Authority against any TPI Mexico Entity that are still pending, and there are no currently pending proceedings, investigations, audits or claims by any Taxing Authority in respect of any Taxes relating to the TPI Mexico Entities or the Business with any Taxing Authority, in each case, other than as reflected in any proof of claims filed by a Taxing Authority in respect of a TPI Mexico Entity in the Chapter 11 Cases.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) None of the TPI Mexico Entities have entered into any written Contract or, other arrangement, executed any waiver, or otherwise taken any action, that is currently in effect, providing for any extension of time, other than any automatic extension of time, within which (A) to file any material Tax Return, (B) to pay any material amount of Taxes or (C) any Taxing Authority may assess or collect any material amount of Taxes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) No TPI Mexico Entity has any current material Liability for Taxes of any Person (other than Taxes of any other TPI Group Entity) (A) under Treasury Regulations Section 1.1502-6 (or any similar provision of state, local or foreign Law) or (B) by Contract or operation of law, or as a transferee or successor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) There are no Liens for Taxes on any assets of any TPI Mexico Entity other than Permitted Liens.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) Each TPI Mexico Entity has complied in all material respects with all applicable withholding obligations for Taxes required to have been withheld in connection with amounts paid to any Covered Employee or independent contractor, in each case, of a TPI Mexico Entity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) In accordance with applicable Law, each TPI Mexico Entity has properly collected and remitted all material sales, use, VAT and similar Taxes required to be collected and remitted with respect to sales made to its customers.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) To the Knowledge of Each TPI Group Entity, no TPI Mexico Entity has been a party to a "listed transaction" as such term is defined in Treasury Regulations Section 1.6011-4(b)(2) or has been a party to any transaction that would be disclosable to a Taxing Authority under any equivalent or similar regime in any other jurisdiction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) No claim has been made by any Taxing Authority in writing in a jurisdiction where any TPI Mexico Entity has not filed a Tax Return with respect to any Tax that it is or may be required to file such Tax Return or pay such Tax.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) Within the past two (2) years, no TPI Mexico Entity has distributed shares of another Person, or has had its shares distributed by another Person, in a transaction that was purported or intended to be governed in whole or in part by Section 355 or Section 361 of the Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) There are no Tax rulings, requests for rulings, or Plan Effective Date agreements with respect to Taxes for which any TPI Mexico Entity may be liable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) None of the Commitment Party, the TPI Mexico Entities or any of their Affiliates will be required to include any material item of income in, or exclude any material item of deduction from, taxable income in any Post-Plan Effective Date Tax Period, as a result of any change in method of accounting, Plan Effective Date agreement, installment sale, the receipt of any prepaid amount, or any other reason, in each case, made or entered into prior to the Plan Effective Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) As of the date of this Agreement, (A) <u>Section</u> <u>4(r)(xiii)(A)</u> of the Disclosure Schedules sets forth the classification of the TPI Mexico Entities for U.S. federal income tax purposes and (B) except as set forth on <u>Section</u> <u>4(r)(xiii)(B)</u> of the Disclosure Schedules, no election under Treasury Regulations Section 301.7701-3 with respect to the U.S. federal income tax classification of any of the TPI Mexico Entities has been made.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiv) Nothing in this <u>Section</u> <u>4(r)</u> or otherwise in this Agreement shall be construed as a representation or warranty with respect to the amount or availability of any net operating loss, capital loss, or Tax credit carryover in a Post-Plan Effective Date Tax Period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(s) *Real Property*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) None of the TPI Group Entities currently own, or have in the last six (6) years owned, any real property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) <u>Section 4(s)(ii)</u> of the Disclosure Schedules sets forth a list of all Leased Real Property. The TPI Mexico Entities have good and valid title to the leasehold estate (as lessee or sublessee) in all such Leased Real Property, free and clear of all Liens, except for Permitted Liens.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) All Leases under which the TPI Mexico Entities are a lessee or sublessee are in full force and effect and are enforceable as against such TPI Mexico Entity, and to the Knowledge of Each TPI Group Entity, as against any other counterparty thereto, in all material respects, in accordance with their respective terms, subject to the Bankruptcy and Equity Exception. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, to the Knowledge of Each TPI Group Entity, no written notices of default under any such Lease or sublease have been sent to or received by the TPI Mexico Entities within the twelve (12)- month period ending on the date hereof, and other than any default caused by the Chapter 11 Cases, no other material default by any TPI Mexico Entity exists under any such material Leases, in each case, that remains uncured as of the date hereof. A true and complete, in all material respects, copy of each Lease has been made available to the Commitment Party.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) The TPI Mexico Entities have not received any written notice from any Government Authority asserting any material violation of applicable Laws with respect to the Leased Real Property that remains uncured as of the date hereof, and to the Knowledge of Each TPI Group Entity, no such violations exist, in each case, that would individually or in the aggregate, reasonably be expected to be material to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) All security deposits, letters of credit, guarantees, or other similar instruments held by or on behalf of any lessor or sublessor under any Lease or sublease relating to the Leased Real Property (collectively, "**Leasehold Security Deposits**") are set forth on <u>Section</u> <u>4(s)(v)</u> of the Disclosure Schedules. Each such Leasehold Security Deposit is being held in accordance with the terms of the applicable Lease or sublease and all applicable Laws, and, to the Knowledge of Each TPI Group Entity, no event has occurred that would permit the lessor or sublessor to apply or retain any portion of such Leasehold Security Deposits other than in the ordinary course of business in accordance with the terms of the applicable Lease or sublease. There are no claims, set-offs, or defenses asserted or, to the Knowledge of Each TPI Group Entity, threatened by any lessor or sublessor with respect to any Leasehold Security Deposit that would, individually or in the aggregate, reasonably be expected to be material to the Business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(t) *Affiliate Transactions*. Except: (i) for employment-related arrangements, the payment of compensation and benefits in the ordinary course of business, and travel advances and employees loans or (ii) as set forth on <u>Section</u> <u>4(t)</u> of the Disclosure Schedules no current officer, manager, director or Affiliate of any TPI Mexico Entity is a party to any Contract, or business relationship with, or has any material interest in any property used by, any of the TPI Mexico Entities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(u) *Insurance*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <u>Section 4(u)</u> of the Disclosure Schedules provides a list of all Insurance Policies that are material to the Business and that are maintained for, at the expense of, or for the benefit of, the TPI Mexico Entities. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, each such Insurance Policy is in full force and effect, all premiums due to date thereunder have been paid in full and the TPI Mexico Entities nor any of their Affiliates is in material default with respect to any other obligations thereunder. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, no written notice of cancellation or nonrenewal, in whole or in part, with respect to any such Insurance Policy currently in force has been received by the TPI Mexico Entities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) TPI Parent has fully funded a non-cancelable "tail" directors' and officers' liability insurance policy with aggregate limits not less than those in effect immediately prior to the Plan Effective Date that will provide coverage for a period of six (6) years following the Plan Effective Date for the Covered D&O Persons (as defined below) for acts or omissions occurring at or prior to the Plan Effective Date in their capacity as directors or officers of the TPI Mexico Entities (the "**D&O Tail Policy**").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) *Corruption and Trade Regulation.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) None of the TPI Mexico Entities or any Person acting on behalf of the TPI Mexico Entities, has at any time in the past twelve (12) months:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) violated, or engaged in any activity, practice or conduct which would violate any applicable anti-corruption Laws (collectively, "**Anti-Corruption Laws**");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) paid, offered, given, promised to pay, or authorized the unlawful payment of, any money or anything of value to, or for the benefit of, any "foreign public official" (as such term is defined in Anti-Corruption Laws) or other Person, for the purpose of (1) corruptly obtaining business; or (2) inducing the recipient to use his or her influence or position to affect any act or decision, in order to obtain or retain business for, direct business to, or secure an improper advantage for, any TPI Mexico Entity; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) been or is currently the subject of any allegation, voluntary disclosure, investigation, prosecution or other enforcement Action related to Anti-Corruption Laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The TPI Mexico Entities have implemented policies and procedures intended to promote compliance with International Trade Laws, including, but not limited to, the U.S. and the European Union, and have obtained all material licenses or other authorizations from the relevant Government Authorities in connection with International Trade Laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) The TPI Mexico Entities and, to the Knowledge of Each TPI Group Entity, any of their respective equityholders, directors, officers, employees, agents, distributors, sales representatives, and consultants, and each other Person acting for, or on behalf of, the TPI Mexico Entities, have been for the past five (5) years, and currently are, in material compliance with applicable provisions of, and have not been and are not subject to, and have not engaged and are not engaging in activities that may cause them to be subject to, material penalties, sanctions, or loss of Tax benefits under the International Trade Laws or any applicable Law relating to international trade administered by a Government Authority in any jurisdiction in which the TPI Mexico Entities operate for which the applicable statute of limitations is only triggered upon discovery of violative conduct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) None of the TPI Mexico Entities, or to the Knowledge of Each TPI Group Entity, any of their respective members, managers, shareholders, directors, officers, employees, agents, distributors, sales representatives, and consultants, and each other Person acting for, or on behalf of, any of the TPI Mexico Entities has, during the past three (3) years: (A) violated or engaged in any activities that may result in a material violation of, or penalties, sanctions, or loss of Tax benefits under, any International Trade Laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) None of the TPI Mexico Entities has engaged in any activities with, in or involving (A) Cuba, Iran, North Korea, Syria, Russia or the Crimea, Donetsk, Luhansk, Kherson, or Zaporizhzhia regions of Ukraine, (collectively, the "**Embargoed Countries**") and the governments thereof, (B) any Persons organized, incorporated, established, located, or resident in the Embargoed Countries, (C) any Persons subject to sanctions or other trade restrictions by a Government Authority in any jurisdiction in which the TPI Mexico Entities operate, or (D) any Persons owned or controlled by, or acting on behalf of, any Person responsive to <u>clauses (A)</u> through <u>(C)</u>, in any manner that would result in a material violation of Law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) Except as set forth in <u>Section</u> <u>4(v)(vi)</u> of the Disclosure Schedules, to the Knowledge of Each TPI Group Entity, no products, materials, components, or other items produced, manufactured, imported, sold, or distributed by the TPI Mexico Entities are or have been mined, produced, or manufactured, in whole or in part, (A) in the Xinjiang Uyghur Autonomous Region of China; (B) by an entity on the Uyghur Forced Labor Prevention Act Entity List; or (C) using Forced Labor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) There is no pending or threatened in writing any proceeding or Action against, or investigation by, a Government Authority of, the TPI Mexico Entities, nor is there any injunction, Order, judgment, ruling, or decree imposed (or threatened in writing to be imposed) upon the TPI Mexico Entities by or before any Government Authority, civil or criminal investigation, audit or any other inquiry by a Government Authority, or voluntary disclosure being considered, in each case, in connection with an alleged possible or actual violation of any applicable International Trade Laws.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(w) *Accounts Payable*. <u>Section</u> <u>4(w)</u> of the Disclosure Schedules sets forth all material accounts payable of the TPI Mexico Entities as of the date hereof. Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, all such accounts payable are bona fide obligations incurred in the ordinary course of business consistent with past practice pursuant to valid and enforceable contracts or arrangements for goods or services actually ordered and received (or otherwise incurred in accordance with applicable agreements), and to the Knowledge of Each TPI Group Entity, are not the subject of any setoff, counterclaim, defense, dispute, rebate, credit, return right or similar claim. All such accounts payable have been recorded in accordance with the TPI Mexico Entities' historical accounting policies consistently applied and in accordance with GAAP (to the extent applicable), are properly accrued and reflected in the Financial Statements, and are not contingent or unasserted. None of the accounts payable is owed to any Affiliate of the TPI Group Entities, insider, officer, director or employee except as set forth on <u>Section</u> <u>4(w)</u> of the Disclosure Schedules. Except as set forth on <u>Section</u> <u>4(w)</u>, no TPI Mexico Entity has in any material respect accelerated the payment of, delayed, deferred or extended the payment terms of, or otherwise manipulated the timing of, any material accounts payable outside the ordinary course of business consistent with past practice. Except as set forth on <u>Section</u> <u>4(w)</u>, since the date of the Financial Statements, each TPI Mexico Entity has in all material respects paid all accounts payable when due in the ordinary course of business consistent with past practice and has not incurred any material accounts payable other than in the ordinary course of business consistent with past practice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) *Intercompany Obligations*. <u>Section</u> <u>4(x)</u> of the Disclosure Schedule sets forth a true, correct and complete list as of the date of this Agreement of all Contracts, Liabilities (including, without limitation, avoidance claims arising under Chapter 5 of the Bankruptcy Code), balances or accounts (other than pursuant to the Transaction Agreements) and owing or due from (i) the TPI Mexico Entities, on the one hand, to or in favor of (ii) TPI Parent, the other Debtors or their respective Affiliates engaged in the Business (other than the TPI Mexico Entities), on the other hand (collectively, the "**Intercompany Obligations**"), in each case, as of the date of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(y) *Deposits and Guarantees*. <u>Section</u> <u>4(y)</u> of the Disclosure Schedules sets forth a true, correct and complete list as of the date of this Agreement of all material Deposits, letters of credit, guarantees, bonds, or credit support arrangements Related to the Business held by, on behalf of, or for the benefit of the TPI Mexico Entities including (i) the name of each bank, financial institution, or other depository, issuer, beneficiary, or third party with which such instrument is held or issued, (ii) the account number or other identifying designation for each such instrument, (iii) the type of instrument (including whether such Deposit is a security deposit, escrow, prepayment, advance payment or other form of deposit), (iv) the amount of each such instrument as of the date of this Agreement, and (v) in the case of letters of credit, guarantees or other credit support, the identity of the primary obligor, the beneficiary, and the underlying obligations being secured or supported thereby. Except as set forth on <u>Section</u> <u>4(y)</u> of the Disclosure Schedules, to the Knowledge of Each TPI Group Entity, no event has occurred that would permit any third party to retain, set off against, draw upon, call or apply any such Deposit or instrument other than in accordance with the terms of the applicable Contract or arrangement pursuant to which such Deposit or instrument was made or issued.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(z) *Absence of Asset Transfers*. Since August 11, 2025, (A) no TPI Mexico Entity has sold, assigned, transferred, leased, licensed, abandoned, permitted to lapse, or otherwise disposed of any assets, properties, or rights (whether tangible or intangible), other than (i) sales of inventory in the ordinary course of business consistent with past practice, (ii) dispositions of obsolete or worn-out equipment in the ordinary course of business consistent with past practice, (iii) immaterial or obsolete Intellectual Property, and (iv) non-exclusive licenses of Intellectual Property granted in the ordinary course of business consistent with past practice; (B) no TPI Mexico Entity has transferred, assigned, distributed, or encumbered any of its assets to any Affiliate of the TPI Mexico Entities or to any equityholder or related party thereof; and (C) no TPI Mexico Entity has entered into any Contract or commitment to do any of the foregoing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(aa) *No Other Representations or Warranties*. Except for the representations and warranties expressly set forth in this <u>Section</u> <u>4</u> (as modified by the Disclosure Schedules), none of TPI Parent, the TPI Mexico Entities or any other Person has made, makes or shall be deemed to make any other representation or warranty of any kind whatsoever, express or implied, written or oral, at Law or in equity, on behalf of TPI Parent or the TPI Mexico Entities or any of their respective Affiliates, including any representation or warranty regarding TPI Parent, the TPI Mexico Entities or any other person, any Transaction or any other matter, and each TPI Group Entity hereby disclaims all other representations and warranties of any kind whatsoever, express or implied, written or oral, at Law or in equity, whether made by or on behalf of such TPI Group Entity or any other Person, including any of their respective Representatives. Except for the representations and warranties expressly set forth in this <u>Section</u> <u>4</u> (as modified by the Disclosure Schedules), each TPI Group Entity hereby (i) disclaims and negates any representation or warranty, expressed or implied, at common law, by statute, or otherwise, relating to the condition of TPI Parent, the TPI Mexico Entities and any of their respective assets or the Business, and (ii) disclaims all Liability and responsibility for all projections, forecasts, estimates, financial statements, financial information, appraisals, statements, promises, advice, Data or information made, communicated or furnished (orally or in writing, including electronically) to the Commitment Party or any of its Affiliates or Representatives (including any opinion, information, projection, or advice that may have been or may be provided to the Commitment Party by any Representative of TPI Parent or TPI Mexico Entity), including omissions therefrom. Without limiting the foregoing, the TPI Group Entities make no representation or warranty of any kind whatsoever, express or implied, written or oral, at Law or in equity, to the Commitment Party or any of its Affiliates or Representatives regarding the probable success, profitability or value of the TPI Mexico Entities or the Business. Notwithstanding anything in this Agreement or in any other Transaction Agreement to the contrary, nothing in this Agreement shall limit any rights or claims a Person may have in respect of Fraud.

Section 5. **REPRESENTATIONS AND WARRANTIES OF THE COMMITMENT PARTY**. The Commitment Party hereby represents and warrants to each TPI Group Entity that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) *Formation and Authority of the Commitment Party; Enforceability*. The Commitment Party is a corporation duly incorporated, validly existing and, to the extent legally applicable, in good standing under the Laws of its jurisdiction of incorporation, formation or organization and has the requisite corporate or other appropriate power and authority to enter into, execute and deliver this Agreement and any other Commitment Party Transaction Agreement and perform its obligations hereunder and thereunder (including the consummation of the Commitment Party Transactions). The execution, delivery and performance of the Commitment Party Transaction Agreements by the Commitment Party (including the consummation of the Commitment Party Transactions) have been or will be prior to Plan Effective Date, as applicable, duly authorized by all requisite corporate action on the part of the Commitment Party. This Agreement has been, and upon execution and delivery thereof, the other Commitment Party Transaction Agreements will be, duly and validly executed and delivered by the

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Commitment Party, and (assuming due authorization, execution and delivery thereof by the other parties hereto and thereto) constitutes, and upon execution and delivery thereof, the other Commitment Party Transactions Agreements will constitute, legal, valid and binding obligations of the Commitment Party enforceable against the Commitment Party in accordance with their respective terms, subject to the Bankruptcy and Equity Exception.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *No Conflict*. Provided that all Consents, waivers and other actions described in <u>Section</u> <u>5(c)</u> have been obtained, the execution, delivery and performance by the Commitment Party of the Commitment Party Transaction Agreements do not and will not:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) violate or conflict with in any material respect the certificate or articles of incorporation or bylaws or similar organizational documents of the Commitment Party;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) violate in any material respect any Law or Order applicable to the Commitment Party; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) violate or conflict with, result in any breach of, or constitute a violation or default (or, any event that, with notice or lapse of time, or both would constitute a default) under, or give to any Person any right to terminate, accelerate or cancel, or a loss of a material benefit under any assets or properties of the Commitment Party pursuant to, any Contract to which the Commitment Party or any of its Subsidiaries or Affiliates is a party or by which any of such assets or properties is bound, except for any such conflicts, violations, terminations, cancellations, breaches, defaults, accelerations, or Liens as would not materially prevent or materially impair or delay the ability of the Commitment Party to consummate the Commitment Party Transactions or otherwise timely perform its obligations under the Commitment Party Transaction Agreements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) *Consents and Approvals*. The execution, delivery and performance by The Commitment Party of the Commitment Party Transaction Agreements do not and will not require any Consent, waiver or other action by, or any filing with or notification to, any Government Authority, except (i) in connection with applicable filing, notification, waiting period or approval requirements under applicable Antitrust Laws or (ii) where the failure to obtain such Consent or waiver, to take such action, or to make such filing or notification, would not prevent or materially impair or delay the ability of the Commitment Party to consummate the Commitment Party Transactions or otherwise timely perform its obligations under the Commitment Party Transaction Agreements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) *Absence of Litigation*. There are no Actions or Orders pending, existing or threatened in writing against the Commitment Party or relating to the Transaction or that would materially prevent, delay or impair the Commitment Party's ability to consummate the Commitment Party Transactions or otherwise perform its obligations under the Commitment Party Transaction Agreements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) *Financial Ability*. The Commitment Party has, and will have at the Commitment Funding Deadline, (i) sufficient immediately available funds, and the financial ability to pay the Final Purchase Price and any costs and expenses incurred by the Commitment Party pursuant to, or in connection with the negotiation, execution or performance of the Transaction Agreements and (ii) the resources and capabilities (financial and otherwise) to perform its obligations under the Commitment Party Transaction Agreements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) *Brokers*. No broker, finder or investment banker is entitled to any brokerage, finder's or other fee or commission from the Commitment Party or any of the Commitment Party's Affiliates in connection with the Transactions.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) *Investigation*. The Commitment Party acknowledges and agrees that it (i) has completed such inquiries and investigations as it has deemed appropriate into, and, based thereon and on the making of the representations and warranties set forth in <u>Section</u> <u>4</u>, has formed an independent judgment concerning TPI Parent, the TPI Mexico Entities, the Business and the Transactions and (ii) has been furnished with, or given access to, all such projections, forecasts, estimates, appraisals, statements, promises, advice, data or information about TPI Parent, the TPI Mexico Entities and the Business to make the agreements hereunder. The Commitment Party further acknowledges and agrees that (x) the only representations and warranties made by each of the TPI Group Entities are the representations and warranties expressly set forth in <u>Section</u> <u>4</u> (as modified by the Disclosure Schedules) and the Commitment Party has not relied upon, and will not rely upon, any other express or implied representations, warranties or other projections, forecasts, estimates, appraisals, statements, promises, advice, data or information made, communicated or furnished by or on behalf of the TPI Group Entities or any of their respective Affiliates or Representatives, including any projections, forecasts, estimates, appraisals, statements, promises, advice, data or information made, communicated or furnished by or through TPI's Bankers, or management presentations, data rooms (electronic or otherwise) or other due diligence information, and that the Commitment Party will not have any right or remedy arising out of any such representation, warranty or other projections, forecasts, estimates, appraisals, statements, promises, advice, data or information and (y) any claims the Commitment Party may have for breach of any representation or warranty shall be based solely on the representations and warranties of the each of the TPI Group Entities expressly set forth in <u>Section</u> <u>4</u> (as modified by the Disclosure Schedules), subject to the exclusive remedies set forth herein. Except as otherwise expressly set forth in this Agreement, the Commitment Party understands and agrees that the TPI Mexico V Direct Investment Interests and the TPI Mexico VI Direct Investments Interest are being issued and the Business is being transferred, in each case, on a "**where-is**" and, as to condition, "**as-is**" basis subject to the representations and warranties contained in <u>Section</u> <u>4</u> (as modified by the Disclosure Schedules) without any other representations or warranties of any nature whatsoever. Notwithstanding anything in this Agreement or in any other Transaction Agreement to the contrary, nothing in this Agreement shall limit any rights or claims a Person may have in respect of Fraud.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) *Securities Matters*. The Direct Investment Interests are being acquired by the Commitment Party for its own account, and not with a view to, or for the offer or sale in connection with, any public distribution or sale of the Direct Investment Interests or any interest in them. The Commitment Party has sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of its investment in the Direct Investment Interests, and the Commitment Party is capable of bearing the economic risks of such investment, including a complete loss of its investment in the Direct Investment Interests. The Commitment Party acknowledges that the Direct Investment Interests have not been registered under the Securities Act, or any state securities Laws, and understands and agrees that it may not sell or dispose of any of the Direct Investment Interests except pursuant to a registered offering in compliance with, or in a transaction exempt from, the registration requirements of the Securities Act and any other applicable state, foreign or federal securities Laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) *Investor Status*. Such Commitment Party is an "accredited investor" (as defined in Rule 501 under the Securities Act) or a qualified institutional buyer within the meaning of Rule 144A of the Securities Act. Such Commitment Party understands that the Direct Investment Interests are being offered and sold to such Commitment Party in reliance upon specific exemptions from the registration requirements of United States federal and state securities laws and that the TPI Group Entities are relying upon the truth and accuracy of, and such Commitment Party's compliance with, the representations, warranties, agreements, acknowledgments and understandings of such Commitment Party set forth herein in order to determine the availability of such exemptions and the eligibility of such Commitment Party to acquire such securities.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) *No Other Representations or Warranties*. Except for the representations and warranties expressly set forth in this <u>Section</u> <u>5</u>, the other Transaction Agreements or any certificate delivered pursuant to any Transaction Agreement, neither the Commitment Party nor any other Person has made, makes or shall be deemed to make any other representation or warranty of any kind whatsoever, express or implied, written or oral, at law or in equity, on behalf of the Commitment Party or any of its Affiliates, and the Commitment Party hereby disclaims all other representations and warranties of any kind whatsoever, express or implied, written or oral, at law or in equity, whether made by or on behalf of the Commitment Party or any other Person, including any of their respective Representatives.

Section 6. **ADDITIONAL AGREEMENTS**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) *Plan and Disclosure Statement*. The TPI Group Entities shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) file with the Bankruptcy Court, no later than ten (10) Business Days following the date hereof, the Plan and a related disclosure statement (the "**Disclosure Statement**") on terms consistent with this Agreement, and, in each case, otherwise in form and substance reasonably acceptable to the Commitment Party and TPI Group Entities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) use commercially reasonable efforts to obtain the entry of an order by the Bankruptcy Court approving the Disclosure Statement on a conditional basis (the "**Disclosure Statement Order**"), in form and substance reasonably acceptable to the TPI Group Entities and the Commitment Party, as soon as practicable; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) use commercially reasonable efforts to obtain the entry of a Confirmation Order by the Bankruptcy Court, in form and substance reasonably acceptable to the Commitment Party and the TPI Group Entities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *Support of the Plan*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The TPI Group Entities and the other Debtors, as applicable, shall negotiate in good faith the terms of the Plan, the Disclosure Statement, the Disclosure Statement Order, the Confirmation Order and such other agreements, documents, motions or filings necessary to implement the Restructuring.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The TPI Group Entities and the other Debtors shall not (A) delay, impede, or take any other action that materially interferes with entry of the Disclosure Statement Order or the Confirmation Order, or (B) take any action that is intended to frustrate or impede the acceptance, approval, implementation or consummation of the Plan or Restructuring.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) The Commitment Party agrees that, during the Interim Period (as defined below), it shall (A) negotiate in good faith the terms of the Plan, the Disclosure Statement, the Disclosure Statement Order, the Confirmation Order and such other agreements, documents, motions or filings necessary to implement the Restructuring and (B) use its reasonable best efforts to cause its controlled Affiliates to agree to: (1) timely vote or cause to be voted all of its claims owned or controlled by it to accept the Plan by timely delivering a duly executed and completed ballot or ballots, as applicable, accepting the Plan; and (2) not object to or otherwise commence any proceeding or take any other action opposing any of the terms of the Disclosure Statement or the Plan or this Agreement or that is inconsistent with or would materially delay or impede the consummation of the Plan or the Transactions, unless, in each case, the Plan is modified in a manner that violates the terms of this Agreement.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) *Consultation and Cooperation*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The TPI Group Entities will deliver to Reed Smith LLP, as counsel to the Commitment Party, drafts of any proposed material pleadings, motions, applications, and other documents, including, without limitation, the Plan, the Disclosure Statement, the proposed Disclosure Statement Order, and the proposed Confirmation Order, to be filed in the Chapter 11 Cases in connection with this Agreement or that would (A) impact the Business of the Debtors, the Mexico Subsidiary, the TPI Mexico V Direct Investment Interests or the TPI Mexico VI Direct Investment Interests, or (B) otherwise be inconsistent with the terms of this Agreement, in each case, for the Commitment Party's prior review, comment, and consent at least two (2) Business Days prior to the filing or submission thereof (*provided*, if it is not practicable to deliver the same within two (2) Business Days of the filing date, as soon as practicable thereafter).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) During the Interim Period, (A) each TPI Group Entity and the Commitment Party shall, and shall cause their respective Affiliates to, (1) refrain from taking any actions that would reasonably be expected to impair, delay or impede the Plan Effective Date and (2) without limiting the foregoing or modifying the Parties' obligations pursuant to <u>Section</u> <u>6(h)</u>, use commercially reasonable efforts to cause all conditions set for in <u>Section</u> <u>8</u> to be met as promptly as practicable and, in any event, on or before the Outside Date, and (B) each Party shall keep the other Party reasonably apprised of the status of the matters relating to the completion of the Transactions, including with respect to the negotiations relating to the satisfaction of the Plan Effective Date conditions of the other Party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) *Share Legend*. Each certificate evidencing Direct Investment Interests issued hereunder, and each certificate issued in exchange for or upon the transfer of any such shares, shall be stamped or otherwise imprinted with a legend (the "**Legend**") in substantially the following form:

"THE SECURITIES REPRESENTED BY THIS CERTIFICATE WERE ORIGINALLY ISSUED ON [DATE OF ISSUANCE], HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR ANY OTHER APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD OR TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT OR AN AVAILABLE EXEMPTION FROM REGISTRATION THEREUNDER."

In the event that any such Direct Investment Interests are uncertificated, such Direct Investment Interests shall be subject to a restrictive notation substantially similar to the Legend in the stock ledger or other appropriate records maintained by Reorganized TPI Mexico V or Reorganized TPI Mexico VI, as applicable, or agent(s) thereof, and the term "Legend" shall include such restrictive notation. 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) *Conduct of Business*. The Commitment Party acknowledges that the TPI Mexico Entities are operating the Business in the context of the Chapter 11 Cases and subject to the Commercial Arrangements. Subject to the foregoing, during the period from the date of this Agreement to the earlier of the Plan Effective Date and the date on which this Agreement is terminated in accordance with its terms (the "**Interim Period**"), except as (x) as required by applicable Law, by Order of the Bankruptcy Court or to the extent required in connection with the Chapter 11 Cases or the Commercial Arrangements, (y) as required by the terms of this Agreement or any other agreement contemplated herein or (z) for matters identified on <u>Section</u> <u>6(e)</u> of the Disclosure Schedules:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The TPI Group Entities shall, and shall cause the Mexico Subsidiary, to (A) other than in connection with the Chapter 11 Cases, operate the Business in the ordinary course of business, (B) use commercially reasonable efforts to maintain the business, assets and properties of the TPI Mexico Entities in their current condition (subject to ordinary wear and tear) and (C) preserve in all material respects the present business operations, organization and goodwill of the Business and the present relationships with material customers, material suppliers and other material commercial relationships of the Business; and

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) unless the Commitment Party otherwise consents in writing (which consent shall not be unreasonably withheld, conditioned or delayed), the TPI Group Entities shall not, and shall cause the Mexico Subsidiary not to, do any of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) adopt or effect any change in or amendment or modification to any organizational or governing documents;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) create, grant or incur any Lien on the equity interests of the TPI Mexico Entities or any material assets (in each case, whether tangible or intangible) of the TPI Mexico Entities, in each case, other than a Permitted Lien or a Lien that will be discharged at or prior to the Plan Effective Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) acquire (by merger, consolidation, acquisition of stock or assets or otherwise), directly or indirectly, any corporation, partnership, limited liability company or other business organization or division or any securities or interests in any business organization;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) merge or consolidate with any other Person;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(E) restructure, reorganize or liquidate all or a portion of, or otherwise enter into an agreement or arrangement imposing restrictions upon, the assets and operations of the Business as operated Mexico Subsidiary (or such applicable TPI Group Entity);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(F) make any investment in, or any loan, advance or capital contribution to, any Person or enter into any joint venture, partnership or other similar arrangement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(G) acquire, directly or indirectly, any assets or properties other than (x) raw material and supplies in the ordinary course of business and (y) assets and property the value of which does not exceed $100,000;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(H) (x) other than with respect to (1) Intellectual Property, or (2) sales, transfers or other dispositions to the Commitment Party pursuant to the Commercial Arrangements, sell, transfer or otherwise dispose of any assets of the Business, other than inventory, products and immaterial or obsolete equipment in the ordinary course of business; or (y) with respect to Intellectual Property, sell, assign, license, sublicense, abandon, allow to lapse, transfer or otherwise dispose of, or create or incur any Lien on or otherwise fail to take any commercially reasonable action necessary to maintain or protect, any Business Intellectual Property, other than (i) a Permitted Lien or a Lien that will be discharged at or prior to the Plan Effective Date, (ii) non-exclusive licenses granted to third parties in the ordinary course of business or (iii) immaterial or obsolete Intellectual Property;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) except for any such Debt or guaranty that will be discharged at or prior to the Plan Effective Date, incur or issue any Debt, or, except to the extent necessary in connection with the Chapter 11 Cases, assume, grant, guarantee or endorse, or otherwise become, directly or indirectly, responsible for, the obligations of any Person;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(J) other than a grant or encumbrance in connection with a Permitted Lien or a Lien that will be discharged at or prior to the Plan Effective Date, issue, pledge, dispose of, grant, transfer, encumber, or sell or authorize the issuance, pledge, disposition, grant, transfer, encumbrance or sale of any additional shares of, or other equity interests in, the TPI Mexico Entities, or securities convertible into or exchangeable for such shares or equity interests (other than, in each case, the issuance or sale of shares of, or other equity interest in, a TPI Mexico Entity to another TPI Mexico Entity), or issue or grant any options, warrants, calls, subscription rights or other rights of any kind to acquire such shares, other equity interests or securities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(K) reclassify, split, combine, subdivide or redeem, purchase or otherwise acquire, directly or indirectly, any shares of, or other equity interests in, the TPI Mexico Entities or securities convertible into or exchangeable for such shares or equity interests;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(L) other than in the ordinary course of business or in coordination with or at the direction of the Commitment Party or its Affiliates, enter into (including by assignment or acquisition), amend or modify, fail to renew, waive compliance with, settle any claim with respect to, or terminate any Material Contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(M) other than the Chapter 11 Cases, take any action to initiate or acquiesce to any bankruptcy, insolvency, reorganization or moratorium proceeding of any character, including composition, administration or an arrangement with creditors, voluntary or involuntary, of any TPI Mexico Entity;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(N) with respect to any assets, properties or business of the TPI Mexico Entities or the Business, agree to allow any form of relief from the automatic stay in the Chapter 11 Cases or fail to use reasonable best efforts to oppose any action by a third-party to obtain relief from the automatic stay in the Chapter 11 Cases;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(O) voluntarily pursue or seek, or fail to use reasonable best efforts to oppose any third party in pursuing or seeking, a conversion of any of the Chapter 11 Cases of TPI Parent or either of the TPI Group Entities to a case under chapter 7 of the Bankruptcy Code, the appointment of a trustee under chapter 11 or chapter 7 of the Bankruptcy Code and/or the appointment of an examiner with expanded power in any such Chapter 11 Case;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(P) incur any capital expenditures in respect of the Business in excess of $100,000;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Q) declare, pay or set aside any dividends or distributions on any capital stock of any TPI Mexico Entity (in cash or in kind);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(R) other than as required by applicable Law, by the terms of any Employee Plan in effect on the date hereof or in the ordinary course of business (including increases in wages, salaries, bonuses and incentives), (1) hire, promote or terminate (other than for cause) the employment of any Covered Employee, with an annual compensation in excess of $100,000, (2) increase the wages, salaries, or bonuses payable to any Covered Employee, (3) transfer the employment of any Covered Employee out of the TPI Mexico Entities such that he or she would no longer be considered a Covered Employee, (4) establish or materially increase any benefits under any Employee Plan, or grant or increase any severance, change in control, retention, termination or similar compensation or benefits to (or amend any existing severance, change in control, retention, termination or similar compensation, benefits or arrangement with) any Covered Employee or other service provider of the TPI Mexico Entities providing services Related to the Business, or (5) establish, adopt, materially amend, or terminate any Employee Plan;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(S) With respect to the TPI Mexico Entities, (1) make (other than on a basis consistent with past practice), change or revoke any material Tax election, (2) settle or compromise any Liability for a material amount of Taxes, (3) file any amended Tax Return (other than on a basis consistent with past practice), (4) surrender any right to claim a refund of Taxes, (5) change any Tax accounting method or period, (6) file any Tax Return (other than on a basis consistent with past practice) or (7) enter into any Contract or other arrangement, or execute any waiver, providing for any extension of time within which (x) to file any Tax Return, (y) pay any Taxes or (z) any Taxing Authority may assess or collect Taxes, except in each case, in the ordinary course of business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(T) enter into any new line of business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(U) materially amend, modify, extend, renew or terminate any Lease or enter into any new lease, sublease, license or other agreement for the use or occupancy of any real property that is material to the Business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(V) (1) amend or terminate any Material Contract or (2) enter into any Contract that would have been required to be disclosed as a Material Contract on <u>Section</u> <u>4(o)(i)</u> of the Disclosure Schedules, had it been entered into prior to effective date of this Agreement, other than in the ordinary course of business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(W) enter into any settlement or release with respect to any Action or Order Related to the Business or the TPI Mexico Entities, in each case, where the amount paid in settlement or release exceeds $50,000, other than any settlement or release entered into in the ordinary course of business or otherwise (1) contemplates only the payment of money without ongoing limits on the conduct or operation of the Business which payment will be satisfied by the TPI Mexico Entities prior to the Plan Effective Date, (2) results in a full release of the TPI Mexico Entities or with respect to the claims giving rise to such Action or Order or (3) involves the payment of Liabilities reflected or reserved against in full in the financial statements filed by TPI Parent with the U.S. Securities Exchange Commission from time to time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(X) fail to maintain, in full force and effect any existing Insurance Policy for, at the expense of, or for the benefit of the TPI Mexico Entities or the Business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Y) delay or postpone any payment of accounts payable or other payables or expenses (other than pre-petition accounts payable not permitted to be paid under the Bankruptcy Code), or accelerate the collection of accounts receivable or cash collections of any type in a manner that materially deviates from the ordinary course of business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Z) fail to maintain or permit to lapse or expire any material Permit; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(AA) agree to, authorize or enter into any legally binding commitment with respect to any of the foregoing.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) *Access to Information*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) During the Interim Period, upon reasonable prior written notice to the TPI Mexico Entities, the TPI Mexico Entities shall, at the sole cost and expense of the Commitment Party, (A) afford the Representatives of the Commitment Party reasonable access, during normal business hours, to the properties, assets, employees, facilities, Contracts and books and records of the TPI Mexico Entities, (B) furnish to the Representatives of the Commitment Party such additional financial and operating data, any information relating (directly or indirectly) to Taxes, Social Security Obligations and other information regarding the TPI Mexico Entities as the Commitment Party or its Representatives may from time to time reasonably request, and (C) make available to the Commitment Party and its Representatives, during normal business hours, those directors, officers, employees, auditors, accountants and other Representatives of the TPI Mexico Entities and the Mexico Subsidiary, except, in the case of <u>(A)</u>, <u>(B)</u> and <u>(C)</u>, as set forth in <u>Section</u> <u>6(f)(ii)</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Notwithstanding anything in this Agreement to the contrary:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) (1) in no event shall the TPI Mexico Entities or their respective Affiliates be obligated to provide any (x) access or information in violation of any applicable Law (including Data Protection Obligations) or any Order of the Bankruptcy Court, (y) information, the disclosure of which could reasonably be expected to jeopardize any applicable privilege (including the attorney-client privilege) available to any of the TPI Mexico Entities or any of their respective Affiliates relating to such information, or (z) information, the disclosure of which would cause any TPI Mexico Entity or any of their respective Affiliates to breach a confidentiality obligation to which it is bound (it being agreed that, in the case of the preceding <u>clauses (x)</u>, <u>(y)</u> and <u>(z)</u>, the TPI Mexico Entities shall cooperate with the Commitment Party and its Representatives to make appropriate substitute arrangements or limit disclosure to the extent necessary to avoid a violation of an applicable Law or an Order of the Bankruptcy Court or avoid jeopardizing an applicable privilege or avoid breaching the applicable confidentiality obligation) and (2) any access or investigation contemplated by <u>Section</u> <u>6(f)</u> shall not unreasonably interfere with any of the personnel or operations of any of the TPI Mexico Entities or any of their respective Affiliates or the Business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) the auditors and accountants of any of the TPI Mexico Entities or any of their respective Affiliates or the Business shall not be obligated to make any work papers available to any Person except in accordance with such auditors' and accountants' normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) The Commitment Party and its Representatives shall not conduct any sampling or testing of soil, groundwater, air, or other environmental media of the Leased Real Property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) *Confidentiality*. The Commitment Party acknowledges that the Confidential Information and Transaction Information (each as defined in the Confidentiality Agreement) provided to it in connection with this Agreement, including information provided under <u>Section</u> <u>6(f)</u>, is subject to the Confidentiality Agreement and the terms of the Confidentiality Agreement are incorporated into this Agreement by reference and shall continue in full force and effect (and all obligations thereunder shall be binding upon the Commitment Party, its Representatives (as defined in the Confidentiality Agreement) and any other third party who signed (or signs) a joinder thereto subject to and in accordance with the Confidentiality Agreement as if parties thereto) until the Plan Effective Date, at which time the obligations under the Confidentiality Agreement shall terminate; *provided*, *however*, that the Commitment Party's confidentiality obligations shall terminate only in respect of that portion of the Confidential Information relating to the Business and the TPI Mexico Entities, and for all other Confidential Information, the

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Confidentiality Agreement shall continue in full force and effect in accordance with its terms. If for any reason the Plan Effective Date does not occur and this Agreement is terminated, the Confidentiality Agreement shall continue in full force and effect in accordance with its terms; *provided*, that the term of the Confidentiality Agreement as set forth therein shall be amended to refer to one (1) year from the date of termination of this Agreement. For the avoidance of doubt, the provisions in the Confidentiality Agreement that, by their terms, survive the termination of the Confidentiality Agreement shall continue in full force and effect in accordance with their terms (as modified by the previous sentence).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) *Regulatory Approvals*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Promptly following the date hereof until the Plan Effective Date or the earlier termination of this Agreement pursuant to <u>Section</u> <u>11</u>, each of the TPI Group Entities and the Commitment Party shall, and shall cause their respective Affiliates to, (x) make all required filings and (y) use commercially reasonable efforts to take any and all steps to promptly obtain all Consents, Permits and Orders of all Government Authorities (other than, with respect the TPI Group Entities, any required approvals or action of the Bankruptcy Court) that may be, or become, necessary for the execution and delivery of, and performance of its obligations pursuant to, the Transaction Agreements (including the consummation of the Transactions) (collectively, the "**Government Approvals**").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Without limiting the generality of each Party's obligations under <u>Section</u> <u>6(h)(i)</u>, to the extent required, the TPI Group Entities and the Commitment Party shall make any filings required pursuant to Antitrust Laws with respect to the Transactions within twenty (20) Business Days following the date hereof, unless otherwise extended by mutual agreement between the TPI Group Entities and the Commitment Party. From the date hereof until the Plan Effective Date or the earlier termination of this Agreement in accordance with its terms, the Commitment Party shall, and shall cause its respective Affiliates to, the TPI Group Entities shall, and shall cause their Affiliates to use commercially reasonable efforts to resolve as soon as reasonably practicable, any inquiry or investigation by any Government Authority relating to the Transactions under any Antitrust Law. None of the Parties shall withdraw any filing required by Antitrust Law, enter into any agreements to extend any waiting period under any Antitrust Law or enter into any agreements to delay or not to consummate the Transactions without the prior written consent of the Commitment Party (in the case of the TPI Group Entities) or each TPI Group Entity (in the case of the Commitment Party). All filing fees related to filings under any Antitrust Laws shall be borne by the Commitment Party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) From the date hereof until the Plan Effective Date or the earlier termination of this Agreement in accordance with its terms, each Party shall, and shall cause its Affiliates to, use commercially reasonable efforts to pursue any or all reasonable actions to the extent necessary to eliminate each and every impediment under any Antitrust Law that may be asserted by any Government Authority or any other Person in opposition to the consummation of any of the Transactions, so as to enable the Parties to consummate the Transactions as soon as reasonably practicable but in any event, prior to the Outside Date. Notwithstanding anything to the contrary in this Agreement, the Parties acknowledge and agree that none of the Commitment Party, any TPI Group Entity, or any of the respective Affiliates of any of the foregoing shall be obligated to (and, without the Commitment Party's prior written consent, the TPI Group Entities shall not agree to do any of the following in pursuit of or in satisfaction of a condition for any approval from a Government Authority), and the covenants set forth in this <u>Section</u> <u>6(h)</u> will in no event require, or be construed to require, the Commitment Party, any TPI Group Entity or any of the respective Affiliates of any of the foregoing to (A) enter into any settlement, undertaking, consent decree, stipulation or Contract with any Government Authority, (B) litigate, defend, challenge or take any

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action with respect to any Action by any Person, including any Government Authority (including taking any steps or actions to defend against, vacate, modify or suspend any injunction or Order, including any injunction related to a private cause of action that would prevent consummation of the Transactions or any other Transaction Agreement), (C) agree, propose, negotiate, offer, effect or commit, by consent decree, hold separate order or otherwise (including by establishing a trust), to sell, divest, license, lease, dispose of, transfer, encumber or otherwise restrict the TPI Group Entities or any of a TPI Group Entity's or the Commitment Party's or any of their or its Affiliates' assets or businesses operations, product or service lines, assets or properties, or any rights in any of the foregoing, (D) terminate or modify existing relationships, contractual rights or obligations of the affected party or any of its respective Affiliates, including by committing to the payment of any fee, penalty or other consideration or making any concession, waiver or amendment under any Contract, (E) take or commit to take actions that would limit the affected Party's or any of its Affiliates' freedom of action with respect to, or its ability to retain or exercise rights of ownership or control with respect to, one or more of any of their businesses, operations, product or service lines, assets or properties, or any rights in any of the foregoing, (F) cease to conduct any business in any jurisdiction or (G) agree to do any of the foregoing, in each case, in connection with the Transactions. Notwithstanding the foregoing sentence, at the written request of the Commitment Party, the TPI Group Entities shall, and shall cause the Mexico Subsidiary to agree to take any of the actions described in the previous sentence to the extent any such action is conditioned upon the occurrence of the Plan Effective Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) The Commitment Party shall promptly notify each TPI Group Entity, and each TPI Group Entity shall promptly notify the Commitment Party of any substantive oral or written communication it or any of its Representatives receives from any Government Authority relating to the matters that are the subject of this <u>Section</u> <u>6(h)</u>, permit the applicable Parties and their respective Representatives to review in advance any communication relating to the matters that are the subject of this <u>Section</u> <u>6(h)</u> proposed to be made by such Party to any Government Authority and provide the other Parties with copies of all substantive correspondence, filings or other communications between them or any of their Representatives, on the one hand, and any Government Authority or members of its staff, on the other hand, relating to the matters that are the subject of this <u>Section</u> <u>6(h)</u>, *provided*, *however*, that materials proposed to be submitted in response to any such Government Authority communication may be redacted: (A) to remove references concerning the valuation of the Business; (B) as necessary to comply with Contractual arrangements, applicable Law or by Order of the Bankruptcy Court; and (C) as necessary to address reasonable attorney-client or other privilege or confidentiality concerns. No Party shall agree to participate in any meeting or substantive discussion (including by phone) with any Government Authority in respect of any such filings, investigation or other inquiry unless it consults with the other Party in advance and, to the extent permitted by such Government Authority, gives the applicable Parties the opportunity to attend and participate at such meeting or discussion (including by phone). Subject to the Confidentiality Agreement, the Parties shall use commercially reasonable efforts to coordinate and cooperate fully with each other in exchanging such information and providing such assistance as the Commitment Party (in the case of the TPI Group Entities) or each TPI Group Entity (in the case of the Commitment Party) may reasonably request in connection with the foregoing. The Commitment Party shall, in reasonable consultation with the TPI Group Entities, control and direct the process by which the Parties seek to avoid or eliminate impediments under any Antitrust Law or any other competition, trade regulation or foreign investment regulation Law, including by directing the strategy and making final determinations related to the review or investigation of the Transactions by any Government Authority. Nothing in this <u>Section</u> <u>6(h)(iv)</u> shall be applicable to Tax matters.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Subject to <u>Section</u> <u>6(h)(iii)</u>, from the date hereof until the Outside Date, the Commitment Party shall not, and shall not permit any of its Affiliates to, enter into or consummate any material acquisition transaction or grant any material license of material assets, in each case, outside the ordinary course of business, that would be reasonably likely to have a material and adverse effect on the receipt of the Government Approvals required for the consummation of the Transactions; *provided*, that nothing in this Section shall restrict: (A) acquisitions or investments that are immaterial, (B) acquisitions or investments unrelated to the Business, (C) licenses granted in the ordinary course of business, (D) any actions that do not require a filing, approval, or clearance from a Government Authority in connection with the Transactions, or (E) the consummation of any transaction contemplated by any Contract entered into on or prior to the date hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) Actions or agreements required of the Commitment Party or the TPI Group Entities pursuant to this <u>Section</u> <u>6(h)</u> shall under no circumstances be considered a Material Adverse Effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) *Third Party Consents.* Each Party agrees to cooperate and use commercially reasonable efforts to obtain any other consents and approvals from any third Person other than a Government Authority that may be required in connection with any Transaction (the "**Third Party Consents**"). Notwithstanding anything in this Agreement to the contrary, no Party or any of its Affiliates shall be required to compensate any third party, commence or participate in any Action or offer or grant any accommodation (financial or otherwise) to any third party to obtain any such Third Party Consent. For the avoidance of doubt, no representation, warranty or covenant of any TPI Group Entity contained in any Transaction Agreement shall be breached or deemed breached, and no condition shall be deemed not satisfied, solely based on (a) the failure in and of itself to obtain any Third Party Consents or (b) any Action commenced or threatened by or on behalf of any Person arising out of or relating to the failure to obtain any such Third Party Consents; *provided*, that nothing in this <u>Section</u> <u>6(i)</u> shall (x) prevent a claim by the Commitment Party that any act or omission of any TPI Group Entity or TPI Parent underlying such failure was a breach of this Agreement or (y) limit TPI Parent's or any TPI Group Entity's obligations to comply with their covenants herein, including to cooperate and utilize such Person's commercially reasonable efforts to obtain any such Third Party Consent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) *Intercompany Obligations.* The Plan shall contain standard provisions for the termination, cancellation and extinguishment of the Intercompany Obligations. Nothing in this <u>Section</u> <u>6(j)</u> shall require the TPI Group Entities to terminate or cancel any Intercompany Obligations solely and exclusively between or among the TPI Mexico Entities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) *No Successor Liability*. The Parties intend that, to the fullest extent permitted by Law (including under Section 363(f) and 1141(c) of the Bankruptcy Code), upon the Plan Effective Date, the Commitment Party shall not be deemed to: (i) be the successor of any TPI Group Entity, (ii) have, de facto or otherwise, merged with or into any TPI Group Entity, (iii) be a mere continuation or substantial continuation of any TPI Group Entity, or (iv) be liable for any acts or omissions of the TPI Group Entities in the conduct of the Business other than as expressly set forth in this Agreement or the Plan. The Parties acknowledge and agree that the Transaction was subject to arm's-length negotiation by the Commitment Party, TPI Parent, and all TPI Group Entities. Without limiting the generality of the foregoing, and except as otherwise provided in this Agreement, the Parties acknowledge and agree that the Commitment Party and the Commitment Party's Affiliates (y) shall not be liable for any Liability or Lien against the Debtors or any of the Debtors' predecessors or Affiliates (other than those of the Mexico Subsidiary), and (z) shall have no successor or vicarious Liability of any kind or character whether known or unknown as of the Plan Effective Date, whether now existing or hereafter arising, or whether fixed or contingent, with respect to the Business or any other Liabilities of the TPI Group Entities arising prior to the Plan Effective Date. The Parties agree that the provisions substantially in the form of this <u>Section</u> <u>6(k)</u> shall be reflected in the Plan and the Confirmation Order.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) *Guarantees; Other Obligations.* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) At or before the Plan Effective Date, the Commitment Party and the TPI Group Entities shall use commercially reasonable efforts to pursue one or more of the following with respect to the TPI Parent Guarantees outstanding as of the date hereof and set forth on <u>Section</u> <u>6(l)(i)</u> of the Disclosure Schedules: (a) arrange for substitute letters of credit, guarantees or other credit support to replace such TPI Parent Guarantees, or (b) assume the obligations under such TPI Parent Guarantees; *provided*, *however*, that the Commitment Party shall not be obligated to provide any substitute credit support, letter of credit or guarantee or assume any such obligations unless the terms, structure and associated costs thereof are reasonably acceptable to the Commitment Party and on terms that are no less favorable to the Commitment Party or its Affiliates than those included in the existing credit support, letter of credit or guarantee; *provided further*, that with respect to the MX4 Lease Guaranty, the Commitment Party shall, prior to the Plan Effective Date, offer to QVC a substitute guaranty or other credit support on substantially the same terms and conditions (including scope, duration and amount) as the existing TPI Parent Guarantee in effect as of the date hereof. If any of the TPI Parent Customs Deposits and Bonds or TPI Parent Leasehold Security Deposits securing a TPI Parent Guarantee (each a "**Collateral Deposit**") are not released in full to TPI Parent prior to the Plan Effective Date, the Commitment Party shall use commercially reasonable efforts to cooperate with TPI Parent to obtain a release of such Collateral Deposit. Following the Plan Effective Date, upon release of such Collateral Deposit, to the extent such Collateral Deposit is actually paid to the Commitment Party, then the Commitment Party shall promptly pay, or cause to be paid, such released Collateral Deposit to TPI Parent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Except as expressly set forth in <u>Section</u> <u>6(l)(i)</u> above with respect to substitute credit support, letter of credit or guarantee, the Commitment Party shall not be obligated to enter into any agreement, arrangement or commitment, with respect to the Lease or amendment thereto, with any Person on terms that are less favorable than those contained in any existing Lease.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To the extent any creditor, beneficiary or counterparty does not accept such substitute credit support or assumption despite the Commitment Party's commercially reasonable efforts, then, from and after the Plan Effective Date until the Wind-Up Date, the Commitment Party shall indemnify and hold harmless TPI Parent and its Affiliates (including WindDown Co) solely against amounts actually paid by TPI Parent or its Affiliates pursuant to a draw or demand made under such TPI Parent Guarantees, together with reasonable, documented, third-party out-of-pocket costs directly incurred in connection therewith, net of any recoveries, provided that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) such indemnity shall not apply to any amounts arising from any amendment, extension, increase, modification or renewal of any TPI Parent Guarantee or the underlying obligation after the Plan Effective Date without the prior written consent of the Commitment Party;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) such indemnity shall not apply to any amounts arising from any act or omission of TPI Parent or any of its Affiliates prior to or on the Plan Effective Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) TPI Parent shall use commercially reasonable efforts to mitigate any losses subject to indemnification;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) the Commitment Party shall have reasonable notice and the right to participate in the defense or resolution of any claim or demand relating to a TPI Parent Guarantee; and

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(E) no indemnification shall be owed for internal costs, overhead, lost profits, or consequential damages.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Notwithstanding anything to the contrary in this Agreement, nothing in this <u>Section</u> <u>6(l)</u> shall require the Commitment Party to provide credit support that is more onerous in amount, duration, or scope than the applicable TPI Parent Guarantee as in effect on the date hereof. Solely to the extent such TPI Parent Guarantee is not replaced prior to such date, from and after the Plan Effective Date until December 31, 2026, TPI Parent shall maintain in full force and effect each TPI Parent Guarantee in accordance with its terms and shall not terminate, allow to lapse, amend, modify or fail to renew any such TPI Parent Guarantee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) At the request of TPI Parent, the Commitment Party shall deliver to TPI Parent a complete financial package containing all information and documentation that would be reasonably required by a prospective replacement guarantor or credit support provider to evaluate and provide a replacement guarantee or other credit support in substitution for an existing guarantee. TPI Parent may deliver such information to the applicable beneficiary or counterparty in requesting a release of one or more TPI Parent Guarantees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) *Unrelated Mexico Entity Assignment.* Pursuant to the Confirmation Order, prior to the Plan Effective Date, TPI Mexico V shall assign all of its equity interests in the Unrelated Mexico Entity to one or more of its Affiliates or other Persons, and any such assignment shall be deemed permitted and shall not constitute a breach of this Agreement or require any further consent of the Commitment Party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n) *Filed Mexico ECA.* On or prior to the Plan Effective Date, the Parties shall execute and deliver a short-form equity commitment agreement prepared in a manner sufficient to satisfy regulatory and filing requirements in Mexico related to the Transaction (the "**Filed Mexico ECA**"), which the Parties acknowledge and agree shall not be intended to, and shall not be deemed to, modify, supplement, expand, or independently give rise to any economic, commercial or substantive obligations of the Parties beyond those expressly set forth in this Agreement. The Parties acknowledge and agree that any provisions of the Filed Mexico ECA that reference consideration, purchase price, payments, liabilities, covenants, representations, warranties or other obligations relating to the Transactions are included to reflect, evidence or give local legal effect to the corresponding obligations arising under this Agreement, and shall not be construed as creating any additional, separate, duplicative or incremental rights or obligations of any Party. No Party shall be required to perform, satisfy, or discharge any obligation more than once by reason of the existence of both this Agreement and the Filed Mexico ECA. In the event of any inconsistency, conflict, ambiguity, or divergence between the provisions of the Filed Mexico ECA and this Agreement, whether arising at or after the Plan Effective Date, the provisions of this Agreement shall prevail and control; *provided*, that if at any time any provision of the Filed Mexico ECA is determined, asserted, or reasonably alleged to be inconsistent with this Agreement or to impair the implementation or enforcement of the Transactions as contemplated hereby, the Parties shall cooperate in good faith and take all actions reasonably necessary or advisable to eliminate such inconsistency or impairment, including by amending, restating, supplementing, re-executing, or replacing the Filed Mexico ECA (or entering into any additional instruments), in each case in a manner that preserves compliance with applicable Law.

Section 7. **POST-PLAN EFFECTIVE DATE COVENANTS**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) *Access*. From and after the Plan Effective Date, subject to any limitations imposed by the Bankruptcy Code or the Bankruptcy Court (if applicable), in connection with any reasonable business purpose, including the preparation or amendment of Tax Returns, claims or obligations relating to financial statements or the determination of any matter relating to the rights or obligations of WindDown Co or any of its Affiliates under any Transaction Agreement, or as is necessary to administer or satisfy their

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obligations in connection with the Chapter 11 Cases, upon reasonable prior written notice to the Commitment Party, and except to the extent necessary to (i) ensure compliance with any applicable Law or an Order of the Bankruptcy Court, (ii) preserve any applicable privilege (including the attorney-client privilege) or (iii) comply with any Contractual confidentiality obligations, the Commitment Party shall, and shall cause each of the TPI Mexico Entities, their respective Affiliates and their respective Representatives to, at WindDown Co's sole cost and expense and during normal business hours, (A) afford WindDown Co and its Representatives and their respective Affiliates reasonable access, during normal business hours, to the properties, books and records of the Commitment Party and its Affiliates in respect of any of the TPI Mexico Entities and the Business, (B) furnish to WindDown Co and its Representatives and their respective Affiliates such additional financial and other information regarding the TPI Mexico Entities, their Affiliates and the Business as WindDown Co or its Representatives may from time to time reasonably request and (C) make available to WindDown Co and its Representatives and their respective Affiliates those employees of the Commitment Party or its Affiliates whose assistance, expertise, testimony, notes or recollections or presence to the extent required to assist WindDown Co, its Representatives or their respective Affiliates to administer the Chapter 11 Cases; *provided*, *however*, that such access shall not unreasonably interfere with the business or operations of the Business; and *provided*, *further*, that the auditors and accountants of the Commitment Party or its Affiliates shall not be obligated to make any work papers available to any Person except in accordance with such auditors' and accountants' normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. Notwithstanding anything to the contrary herein, for the longer of (1) any applicable statute of limitations and (2) the period ending on the Wind-Up Date, WindDown Co shall have continued access to all books and records of the TPI Mexico Entities relating to the periods prior to the Plan Effective Date to the extent required to administer the Chapter 11 Cases and WindDown Co may retain copies of such books and records, as necessary or appropriate in connection with such purpose.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *Further Assurances*. From time to time following the Plan Effective Date, the Parties shall, and shall cause their respective Affiliates to, execute, acknowledge and deliver all reasonable further conveyances, notices, assumptions, releases and acquaintances and other documents or instruments, and shall take such reasonable actions as may be necessary or appropriate to make effective the Transactions as may be reasonably requested by the Commitment Party (in the case of the TPI Group Entities) or the TPI Group Entities (in the case of the Commitment Party); *provided*, *however*, that nothing in this <u>Section</u> <u>7(b)</u> shall require any Party or its Affiliates to pay money to, commence or participate in any Action with respect to, or offer or grant any accommodation (financial or otherwise) to, any third party following the Plan Effective Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) *Directors' and Officers' Indemnification and Exculpation*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) *Survival of Existing Obligations*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) The Commitment Party agrees that, from and after the Plan Effective Date, each TPI Mexico Entity shall honor the rights to indemnification and exculpation under the certificate of incorporation, bylaws or comparable organizational documents of the TPI Mexico Entities now in effect and under applicable Law, those individuals who, on or prior to the Plan Effective Date, were directors or officers of such TPI Mexico Entity (the "**Covered D&O Persons**"), to the extent relating to (i) acts or omissions occurring at or prior to the Plan Effective Date in their capacity as directors or officers of such TPI Mexico Entity and (ii) the business, operations or assets of such TPI Mexico Entity. Such rights shall not be amended or otherwise modified in any manner that would adversely affect the rights of the Covered D&O Persons for a period of six (6) years, unless such modification is required by Law.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) Notwithstanding the foregoing:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) No TPI Mexico Entity shall be responsible for indemnification or exculpation with respect to acts or omissions undertaken in any capacity for TPI Parent or any other Affiliate not acquired pursuant to this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Nothing herein shall expand, enlarge or create any indemnification or exculpation rights beyond those existing under the applicable organizational documents of the relevant TPI Mexico Entity as in effect immediately prior to the Plan Effective Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) The Commitment Party shall not assume any indemnification obligations of TPI Parent or any non-acquired Affiliate; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Such rights may be amended, modified or repealed after the Plan Effective Date in a manner consistent with applicable Law; *provided*, that no such amendment shall retroactively eliminate rights with respect to covered acts or omissions occurring at or prior to the Plan Effective Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) *No Expansion; Limited Beneficiary Rights*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) This <u>Section</u> <u>7(c)</u> is intended solely to preserve existing indemnification rights of the Covered D&O Persons with respect to acts or omissions occurring at or prior to the Plan Effective Date in their capacity as directors or officers of the TPI Mexico Entities. Nothing herein shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Create new indemnification rights; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Expand existing rights.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) *Covered Employees – Additional Employment Terms* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <u>Terms and Conditions of Employment</u>. For a period of at least six (6) months, following the Plan Effective Date, each Covered Employee shall be entitled to receive, while in the employ of the Commitment Party or its Affiliates, at least the same salary, bonus, and incentive compensation, employee benefits and social security rights (including defined benefit pension plans) and other terms and conditions of employment as were provided to such employee immediately prior to the Plan Effective Date by the Mexico Subsidiary.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) <u>Credit for Service</u>. The Commitment Party shall, and shall cause its Affiliates to, credit in all material respects Covered Employees for service earned on and prior to the Plan Effective Date with the Mexico Subsidiary and any of its Affiliates or predecessors, in addition to service earned with the Commitment Party and its Affiliates on or after the Plan Effective Date (i) to the extent that service is relevant for purposes of eligibility, vesting, paid-leave entitlement or, for severance and vacation benefits only, the calculation of benefits under any employee benefit plan, program or arrangement of the Commitment Party or any of its Affiliates for the benefit of the Covered Employees on or after the Plan Effective Date and (ii) for such additional purposes as may be required by applicable Law; *provided*, *however*, that nothing herein shall result in a duplication of benefits with respect to the Covered Employees.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) <u>Pre-existing</u> <u>Conditions</u><u>;</u> <u>Coordination</u>. The Commitment Party shall, and shall cause its Affiliates to use commercially reasonable efforts to, waive any pre-existing condition or actively at work limitations, evidence of insurability and waiting periods for the Covered Employees and their eligible spouses and dependents under any employee benefit plan, program or arrangement of the Commitment Party or any of its Affiliates for the benefit of the Covered Employees on or after the Plan Effective Date. The Commitment Party shall, and shall cause its Affiliates to, credit in all material respects for purposes of determining and satisfying annual deductibles, co-insurance, co-pays, out-of-pocket limits and other applicable limits under the comparable health plans and arrangements offered to Covered Employees, deductibles, co-insurance, co-pays and out-of-pocket expenses paid by Covered Employees and their respective spouses and dependents under the health plans of any TPI Mexico Entity or any of its Affiliates in the calendar year in which the Plan Effective Date occurs.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) *Consultation with Employee Representative Bodies.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The Parties shall, and shall cause their respective Affiliates to, mutually cooperate in undertaking all reasonably necessary or legally required provision of information to, or consultations, discussions or negotiations with, employee representative bodies (including any works councils or any union councils) that represent a Covered Employee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The Parties shall not, and shall not cause their respective Affiliates to, agree to any changes in terms of employment (including severance commitments and practices) of any Covered Employee in connection with the information and consultation processes referred to in <u>Section</u> <u>7(e)(i)</u> which would reasonably be expected to materially increase labor costs in any country, without the prior written consent of the other Parties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Notwithstanding anything in this Agreement to the contrary, the terms and conditions of employment for any employees covered by a Collective Bargaining Agreement shall be governed by the applicable Collective Bargaining Agreement until the expiration, modification or termination of such Collective Bargaining Agreement in accordance with its terms or applicable Law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) *Escrow Cooperation; KYC.* The Parties shall deliver to the Adjustment Escrow Agent all documentation, information and materials required by the Adjustment Escrow Agent in connection with applicable "know your customer," anti-money laundering and related compliance requirements of the Escrow Agent to open the Adjustment Escrow Account and for the Adjustment Escrow Agent to enter into the Adjustment Escrow Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) *No Third-Party Beneficiaries.* Notwithstanding the provisions of <u>Section</u> <u>7(d)</u> through <u>Section</u> <u>7(e)</u> or any provision of the Agreement, nothing in <u>Section</u> <u>7(d)</u> through <u>Section</u> <u>7(e)</u> or the Agreement is intended to and shall not (i) create any third-party rights, (ii) amend any employee benefit plan, program, policy or arrangement, (iii) require the Commitment Party or any of its Affiliates or the Mexico Subsidiary or any of its Affiliates to continue any employee benefit plan, program, policy or arrangement beyond the time when it otherwise lawfully could be terminated or modified or as otherwise required herein or (iv) provide any Covered Employee with any rights to continued employment.

Section 8. **CONDITIONS TO THE OBLIGATIONS OF THE COMMITMENT PARTY**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) *Conditions to the Obligations of the Commitment Party*. The obligations of the Commitment Party to purchase the Direct Investment Interests on the Plan Effective Date are subject to the satisfaction of the following conditions (unless waived in writing by the Commitment Party):

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) *Plan and Confirmation Order*. The Plan, the Disclosure Statement, the Confirmation Order and the Disclosure Statement Order, as entered or approved by the Bankruptcy Court, as applicable, shall each be in the form and substance reasonably acceptable to the Debtors and the Commitment Party, and, in the case of the Confirmation Order and the Disclosure Statement Order, shall have been entered into by the Bankruptcy Court and shall not be subject to any stay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) *Conditions to the Plan*. The conditions to the occurrence of the Plan Effective Date set forth in the Plan shall have been satisfied or waived in accordance with the terms thereof and, concurrent with the consummation of the Direct Investment contemplated hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) *Approvals*. All clearances, approvals, or other consents required pursuant to applicable Antitrust Law ("**Required Approvals**") and all Other Required Approvals shall have been issued or obtained or, if applicable, all applicable waiting periods shall have expired, been waived by the applicable Government Authority or have been terminated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) *Compliance with Law*. No Law or Order shall have been issued, enacted or entered into by a court of competent jurisdiction or other Government Authority preventing the consummation of the transactions contemplated by this Agreement shall be in effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) *Deliverables*. The Commitment Party shall have received all agreements, documents and instruments set forth in <u>Section</u> <u>1(d)(i)</u> and <u>Section</u> <u>1(d)(ii)</u> and all other TPI Transaction Agreements, duly executed by the Parties (other than the Commitment Party) party thereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) *Commitment Funding Notice*. The Commitment Party shall have received the Commitment Funding Notice in accordance with <u>Section</u> <u>1(c)</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) *Valid Issuance.* Each of the TPI Mexico V Direct Investment Interests and the TPI Mexico VI Direct Investment Interests, shall be, upon (A) payment of the Estimated Purchase Price as provided herein, (B) the Plan Effective Date and subject to the Confirmation Order and effectiveness of the Plan, validly issued and outstanding, and free and clear of all Liens, pre-emptive rights, rights of first refusal, subscription and similar rights, except as set forth herein or created or otherwise imposed by any Commitment Party, and other than Liens pursuant to applicable securities Laws or Liens imposed by the Commitment Party as of the effectiveness of the Plan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) *No Restraint*. No judgment, injunction, decree or other legal restraint shall be in effect that prohibits the consummation of the Plan or the Direct Investment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) *Representations and Warranties*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) the representations and warranties of the TPI Group Entities contained in <u>Section</u> <u>4(a)</u> (Formation and Authority of the TPI Group Entities; Enforceability), <u>Section</u> <u>4(b)</u> (Formation and Qualification of the Mexico Subsidiary), <u>Section</u> <u>4(c)</u> (Capital Structure of the TPI Mexico Entities; No Subsidiaries) and <u>Section</u> <u>4(j)</u> (Brokers) shall be true and correct in all but *de minimis* respects on and as of the Plan Effective Date, with the same force and effect as though such representations and warranties had been made on and as of the Plan Effective Date (except to the extent that any such representation or warranty is expressly made as of a specified date, in which case it shall be true and correct in all but *de minimis* respects as of such specified date);

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) the representations and warranties of the TPI Group Entities contained in <u>Section</u> <u>4(c)(ii)</u> (Capital Structure of the TPI Mexico Entities), <u>Section</u> <u>4(e)</u>(<u>i)</u> and <u>Section</u> <u>4(e)(ii)</u> (No Conflict) shall be true and correct in all material respects on and as of the Plan Effective Date, with the same force and effect as though such representations and warranties had been made on and as of the Plan Effective Date (except to the extent that any such representation or warranty is expressly made as of a specified date, in which case it shall be true and correct in all material respects as of such specified date);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) all other representations and warranties of the TPI Group Entities contained in this Agreement shall be true and correct on and as of the Plan Effective Date as if made on the Plan Effective Date (other than representations and warranties that are made as of a specific date, which representations and warranties shall have been true and correct as of such date), except for breaches or inaccuracies, as the case may be, as to matters that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect; *provided*, *however*, that for purposes of determining the satisfaction of the condition in this <u>clause (C)</u>, no effect shall be given to any qualifier of "material" or "Material Adverse Effect" in such representations and warranties;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) the covenants contained in this Agreement required to be performed or complied with by the TPI Group Entities at or before the Plan Effective Date shall have been performed or complied with in all material respects; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(E) the Commitment Party shall have received a certificate signed by an authorized officer of each TPI Group Entity, dated as of the Plan Effective Date, certifying as to the satisfaction of the matters set forth in the foregoing <u>clauses (A)</u> through <u>(D)</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) *TPI Transaction Agreements*. The TPI Group Entities shall have executed and delivered, or caused to be executed and delivered, to the Commitment Party all TPI Transaction Agreements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) *Material Adverse Effect*. Since the date hereof, there shall not have occurred a Material Adverse Effect.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) *Unrelated Mexico Entity Assignment*. Prior to the Plan Effective Date, the Unrelated Mexico Entity Assignment shall have been consummated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) *Asset Purchase Closing*. The transactions contemplated by the APA (the "**Asset Purchase Closing**") shall occur contemporaneously with the consummation of the Transactions and all conditions to the Asset Purchase Closing shall have been satisfied or, to the extent permitted by the APA, waived (other than those conditions that by their nature are to be satisfied at the Asset Purchase Closing).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *Conditions to the Obligations of the TPI Group Entities*. The obligations of the TPI Group Entities to consummate the Transactions on the Plan Effective Date are subject to satisfaction of the following conditions (unless waived in writing by the TPI Group Entities), except where the failure to satisfy any such condition is the result of a failure by the TPI Group Entities to comply with this Agreement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) *Plan and Confirmation Order*. The Plan and the Confirmation Order, as entered or approved by the Bankruptcy Court, as applicable, shall each be in the form and substance reasonably acceptable to the Debtors and the Commitment Party, and in the case of the Confirmation Order, shall not be subject to any stay.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) *Conditions to the Plan*. The conditions to the occurrence of the Plan Effective Date set forth in the Plan and the Confirmation Order shall have been satisfied or waived in accordance with the terms thereof and, concurrent with the consummation of the Direct Investment contemplated hereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) *Approvals*. All Required Approvals and all Other Required Approvals, as set forth in Schedule A of the Disclosure Schedules, shall have been issued or obtained or, if applicable, all applicable waiting periods shall have expired, waived by the applicable Government Authority or have been terminated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) *No Restraint*. No judgment, injunction, decree or other legal restraint shall prohibit the consummation of the Plan or the Direct Investment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) *Representations and Warranties*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) the representations and warranties of the Commitment Party contained in <u>Section</u> <u>5(a)</u> (Formation and Authority of the Commitment Party; Enforceability) and <u>Section</u> <u>5(f)</u> (Brokers) shall be true and correct in all but *de minimis* respects on and as of the Plan Effective Date, with the same force and effect as though such representations and warranties had been made on and as of the Plan Effective Date (except to the extent that any such representation or warranty is expressly made as of a specified date, in which case it shall be true and correct in all but *de minimis* as of such specified date);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) the representations and warranties of the Commitment Party contained in <u>Section</u> <u>5(b)(i)</u> and <u>Section</u> <u>5(b)(ii)</u> (No Conflicts) shall be true and correct in all material respects on and as of the Plan Effective Date, with the same force and effect as though such representations and warranties had been made on and as of the Plan Effective Date (except to the extent that any such representation or warranty is expressly made as of a specified date, in which case it shall be true and correct in all material as of such specified date);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) all other representations and warranties of the Commitment Party contained in this Agreement shall be true and correct on and as of the Plan Effective Date as if made on the Plan Effective Date (other than representations and warranties that are made as of a specific date, which representations and warranties shall have been true and correct as of such date), except for breaches or inaccuracies, as the case may be, as to matters that, individually or in the aggregate, would not reasonably be expected to have a material adverse effect on the Commitment Party, would not prevent or materially impair or delay the ability of the Commitment Party to consummate the Transactions or otherwise timely perform its obligations under the Transaction Agreements; *provided*, *however*, that for purposes of determining the satisfaction of the condition in this <u>clause (C)</u>, no effect shall be given to any qualifier of "materiality" in such representations and warranties;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) the covenants contained in this Agreement required to be performed or complied with by the Commitment Party at or before the Plan Effective Date shall have been performed or complied with in all material respects; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(E) The TPI Group Entities shall have received a certificate signed by an authorized officer of the Commitment Party, dated as of the Plan Effective Date, certifying as to the satisfaction of the matters set forth in the foregoing <u>clauses (A)</u> through <u>(D)</u>.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) *Commitment Party Transaction Agreements*. The Commitment Party shall have executed and delivered to the TPI Group Entities all Commitment Party Transaction Agreements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) *Asset Purchase Closing*. The Asset Purchase Closing shall occur contemporaneously with the consummation of the transactions contemplated hereby and all conditions to the Asset Purchase Closing shall have been satisfied or, to the extent permitted by the APA, waived (other than those conditions that by their nature are to be satisfied at the Asset Purchase Closing).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) *Frustration of Conditions*. No Party may rely on the failure of any condition set forth in this <u>Section</u> <u>8</u> to be satisfied if such failure was caused by such Party's failure to act in good faith, to use commercially reasonable efforts to cause the conditions of each such other Party to be satisfied, or to satisfy its obligations set forth in <u>Section</u> <u>6(h)</u>.

Section 9. **CERTAIN STRUCTURING AND TAX MATTERS**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Restructuring will be structured and implemented in a tax-efficient manner and as otherwise reasonably acceptable to the Parties. WindDown Co shall use commercially reasonable efforts to consult and cooperate with the Commitment Party regarding the structure, implementation of the Restructuring and obtaining the Intended Tax Treatment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) WindDown Co shall use commercially reasonable efforts to effect the Restructuring at such times and in such manner as shall be determined in accordance with <u>Section</u> <u>9(a)</u>, including effectuating the Restructuring on the Plan Effective Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The Parties intend that for U.S. federal and applicable state and local income Tax purposes the Transactions will be treated as (i) a taxable purchase of the assets of TPI Mexico V, subject to a pro rata portion of the Liabilities of TPI Mexico V, and (ii) a taxable purchase of the outstanding equity interests in TPI Mexico VI, in each case governed by Section 1001 of the Code (or any similar provisions of applicable state or local Laws) (the "**Intended Tax Treatment**"); *provided*, *however*, the Parties acknowledge and agree that the Commitment Party may make an election pursuant to Section 338(g) of the Code (and any comparable applicable provision of state or local Tax Law) (a "**Section 338(g) Election**") with respect to the Mexico Subsidiary in connection with the taxable purchase of the assets of TPI Mexico V described in <u>clause (i)</u> above, provided that the Commitment Party shall provide affirmative written notice to WindDown Co that it will make a Section 338(g) Election no more than sixty (60) days following the date of this Agreement. At the request of the Commitment Party, WindDown Co shall cooperate with the Commitment Party in completing any documents required by any Taxing Authority to effectuate a Section 338(g) Election, provided that: (A) the Commitment Party shall deliver to WindDown Co a copy of all duly executed documents, including IRS Form 8023, required by any Taxing Authority to effectuate a Section 338(g) Election on the Plan Effective Date; (B) the Commitment Party shall be responsible for preparing any applicable purchase price allocation for Tax purposes and shall deliver to WindDown Co a draft IRS Form 8883 showing any such purchase price allocation prepared in a manner consistent with Section 338 of the Code and the regulations thereunder within thirty (30) days following the Plan Effective Date; and (C) WindDown Co and the Commitment Party shall mutually cooperate to resolve any differences, with the objective of having an agreed allocation within forty-five (45) days following the Plan Effective Date and shall make any adjustments necessary to reflect the Final Payment Statement becoming conclusive and binding on the Parties pursuant hereto. The Parties (x) shall not (and shall cause their respective Affiliates not to) take any action that would reasonably be expected to prevent the Intended Tax Treatment from so qualifying and (y) shall not (and shall cause that their Affiliates not to) take any position (whether in audits, Tax Returns, or otherwise) inconsistent with the Intended Tax Treatment, or if applicable, any Section 338(g) Election and the associated purchase price allocation reflected on IRS Form 8883, unless otherwise required by applicable Law.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) For purposes of any adjustment required pursuant to this Agreement, as applicable, Taxes that are payable by any TPI Mexico Entity with respect to any taxable period beginning before and ending on or after the Plan Effective Date (a "**Straddle Period**"), shall be allocated to the Pre-Plan Effective Date Tax Period and Post-Plan Effective Date Tax Period in the following manner: (i) in the case of Taxes based on or measured by income, wages, sales, purchases or receipts, based on an interim closing of the books as of the end of the day on (and including) the Plan Effective Date; and (ii) in the case of other Taxes not covered in <u>clause (i)</u> above, such Taxes allocable to the Post-Plan Effective Date Tax Period shall be equal to the product obtained by multiplying (x) a fraction, the numerator being the number of days in the Straddle Period following the Plan Effective Date and the denominator being the total number of days in the Straddle Period, by (y) the amount of such Taxes, and the remaining portion of such Taxes shall be allocable to the Pre-Plan Effective Date Tax Period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) For purposes of determining the amount of any inclusion under section 951 and section 951A of the Code attributable to the ownership of the Mexico Subsidiary in the event that the Commitment Party does not make a Section 338(g) Election, the Parties shall treat, and cause the Mexico Subsidiary to treat, the taxable year of the Mexico Subsidiary as ending on the day before the Plan Effective Date, provided that all permitted allowances, credits, exemptions and deductions that are computed on the basis of an entire taxable period (including depreciation and amortization deductions) shall be allocated between the portion of the Straddle Period ending on the day before Plan Effective Date and the portion of the Straddle Period beginning on the Plan Effective Date in proportion to the number of days in each such taxable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Except with WindDown Co's consent, or as required by applicable Law, or as otherwise contemplated under <u>Section</u> <u>9(c)</u> of this Agreement, neither the Commitment Party nor any Affiliate of the Commitment Party shall (or shall cause or permit any TPI Mexico Entity to) (i) with respect to any TPI Mexico Entity for any tax period, or portions thereof, including the Straddle Period, ending on or prior to the Plan Effective Date, (A) make or change any election, amend, refile or otherwise modify any Tax Return, (B) initiate any voluntary disclosure, Tax amnesty or similar procedure with any Government Authority regarding any Taxes or Tax Returns, (C) enter into any "closing agreement" as described in Section 7121 of the Code (or any corresponding or similar provision of state, local, or non-U.S. income Tax law) or settle any Tax claim or assessment or affirmatively surrender any right to claim a refund, (D) extend or waive any statute of limitations or other period for the assessment or collection of Taxes, or (E) otherwise take any other action with respect to any Tax Return, Tax election, Tax proceeding or Tax audit if taking such action reasonably could be expected to (x) create a material Tax liability for WindDown Co or (y) reduce the amounts otherwise payable by the Commitment Party to WindDown Co under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) Without limiting the obligations set forth in <u>Section</u> <u>6(f)</u> and <u>Section</u> <u>7</u>, the Parties shall use commercially reasonable efforts to furnish or cause to be furnished to each other, upon request, and at the sole cost of the requesting Party, as promptly as practicable, such information and assistance relating to any of the TPI Mexico Entities as is reasonably necessary for the filing of Tax Returns and the preparation for, or the prosecution or defense of, any audit, claim, demand, proposed adjustment or deficiency relating to Taxes, and any other matter or proceeding relating to Taxes (it being understood that the cooperation obligations of the Parties under this <u>Section</u> <u>9(g)</u> shall cease as of the Wind-Up Date).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) All Tax sharing, Tax indemnification, or Tax allocation agreements or similar Contracts or arrangements between any TPI Group Entity or any of its Affiliates (other than Reorganized TPI Mexico V or Reorganized TPI Mexico VI), on the one hand, and Reorganized TPI Mexico V or Reorganized TPI Mexico VI, on the other hand, shall be terminated as to the Reorganized TPI Mexico V or Reorganized TPI Mexico VI prior to the Plan Effective Date, and following such termination, none of Reorganized TPI Mexico V or Reorganized TPI Mexico VI shall have any liability or obligation thereunder.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The covenants and agreements set forth in this <u>Section</u> <u>9</u> with respect to Taxes shall survive until such covenants and agreements are fully performed, except for the obligations set forth in <u>Section</u> <u>9(g)</u>, which shall cease as of the Wind-Up Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) WindDown Co and the Parties agree to treat any payment made pursuant to this Agreement as an adjustment to the Final Purchase Price for all Tax purposes, unless otherwise required by applicable Law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) Notwithstanding anything to the contrary in this Agreement, to the extent not exempt under the Confirmation Order or section 1146 of the Bankruptcy Code, (a) where the Commitment Party is liable under applicable Law to pay any Transfer Tax imposed or arising with respect to the Transactions or any component thereof, the Commitment Party shall promptly pay and discharge such Transfer Tax, and (b) where TPI Parent, WindDown Co or any of their Affiliates is liable under applicable Law to pay any Transfer Tax imposed or arising with respect to the Transactions or any component thereof, the Commitment Party shall pay the amount of such Transfer Tax to WindDown Co and shall indemnify, defend and hold harmless TPI Parent, WindDown Co or any of their Affiliates or Representatives from and against any such Transfer Taxes. WindDown Co or the party required by Law to file a Tax Return with respect to such Transfer Taxes shall, with the cooperation of WindDown Co or the other Party, as applicable, timely prepare and file such Tax Return. If TPI Parent, WindDown Co or any of their Affiliates is required to pay any Transfer Tax, the Commitment Party shall within five (5) days of receipt of evidence of filing reimburse WindDown Co for any Transfer Taxes paid by TPI Parent, WindDown Co or any such Affiliate in connection with the filing of the applicable Tax Return. WindDown Co and the Parties agree to timely sign and deliver (or to cause their respective Affiliates to timely sign and deliver) such certificates or forms as may be necessary or appropriate and to otherwise cooperate to establish any available exemption from (or otherwise reduce) any Transfer Taxes. No sums payable, or consideration given, by the Commitment Party under this Agreement should be reduced by the amount of any Transfer Tax, and the Commitment Party shall pay any Transfer Tax chargeable on those sums or consideration in accordance with terms of this <u>Section</u> <u>9(k)</u>. All refunds or credits of VAT paid by the Commitment Party under this provision shall belong to the Commitment Party, and TPI Parent or WindDown Co shall promptly pay over any such amount to the Commitment Party upon receipt of such amount. To the extent the Commitment Party and TPI Parent or WindDown Co mutually agree prior to the Plan Effective Date that such items are required by applicable Law (or otherwise necessary or advisable) to be delivered by TPI Parent or WindDown Co or by the Commitment Party, all required Transfer Tax stamps and transfer forms (if any) shall be delivered on or before the Plan Effective Date, unless under applicable Law such Transfer Tax stamps or duly stamped transfer forms are only available post-Plan Effective Date (in which case such Transfer Tax stamps or duly stamped transfer forms shall be delivered to WindDown Co or the Commitment Party (as applicable) promptly and in any event no later than five (5) Business Days after receipt thereof by WindDown Co or the Commitment Party, as applicable). Notwithstanding anything in this Agreement to the contrary, TPI Parent and each of its Affiliates are intended third-party beneficiaries of <u>Section</u> <u>9(i)</u> and shall be entitled to enforce the provisions thereof in their own right.

Section 10. **NO SURVIVAL; LIMITATIONS ON CLAIMS AGAINST COMPANY**. Except (a) as set forth in <u>Section</u> <u>11(d)</u> and (b) for any covenant that by its terms is to be performed (in whole or in part) by WindDown Co, any TPI Mexico Entity or any Party following the Plan Effective Date (which covenants shall survive the Plan Effective Date in accordance with their terms), the representations, warranties, covenants and agreements contained in this Agreement will not survive the Plan Effective Date, such that no claim for breach of, or otherwise related to, any such representation, warranty, covenant or agreement or detrimental reliance or other right or remedy (whether in contract, in tort or at law or in equity)

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may be brought after the Plan Effective Date with respect thereto against TPI Parent or its Affiliates, including WindDown Co and there shall be no liability in respect thereof after the Plan Effective Date, whether such liability has accrued prior to, on or after the Plan Effective Date. Notwithstanding anything in this Agreement or in any other Transaction Agreement to the contrary, nothing in this Agreement shall limit any rights or claims a Person may have in respect of Fraud.

Section 11. **TERMINATION**. Notwithstanding anything in this Agreement to the contrary (but subject to this <u>Section</u> <u>11</u>), this Agreement may be terminated before the Plan Effective Date:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) *Termination*. This Agreement may be terminated prior to the Plan Effective Date (i) by the mutual written consent of the Commitment Party, TPI Mexico V and TPI Mexico VI, (ii) if the Bankruptcy Court denies confirmation of the Plan or (iii) by either the Commitment Party, on the one hand, or TPI Mexico V and TPI Mexico VI, on the other hand, if the Plan Effective Date has not occurred on or prior to June 30, 2026 (the "**Outside Date**"); *provided*, that if the Plan Effective Date shall not have occurred on or before the Outside Date due to a material breach of any representations, warranties or covenants contained in this Agreement by any of the Parties, then such breaching Party may not terminate this Agreement pursuant to this <u>Section</u> <u>11(a)</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *Termination by the Commitment Party*. Prior to the Plan Effective Date, the Commitment Party may terminate this Agreement upon the occurrence of any of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) upon the breach by a TPI Group Entity of any of the representations, warranties or covenants of such TPI Group Entity set forth herein, and such breach or inaccuracy would, individually or in the aggregate, result in a failure of a condition set forth in <u>Section</u> <u>8(a)</u> if continuing on the Plan Effective Date, and which is incurable or, if curable, remains uncured or has not been waived by the Commitment Party by the earlier of (A) ten (10) Business Days after the receipt of written notice of such breach from the Commitment Party pursuant to this <u>Section</u> <u>11</u> and in accordance with <u>Section</u> <u>13</u> (as applicable) and (B) the Business Day before the Outside Date; *provided*, that the Commitment Party shall not have the right to terminate this Agreement pursuant to this <u>Section</u> <u>11(b)(i)</u> if the Commitment Party is in material breach of this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the issuance by any Government Authority, including any regulatory authority or court of competent jurisdiction, of any final and nonappealable ruling, judgment or order enjoining the consummation of or rendering illegal the Plan or the Direct Investment; *provided*, *however*, that the right to terminate this Agreement under this <u>Section</u> <u>11(b)(ii)</u> shall not be available if the Commitment Party's action or failure to fulfill any obligation under this Agreement has been the cause of, or has resulted in, the issuance of such ruling, judgment or order;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) the Plan or the Confirmation Order, and any amendments, modifications, or supplements thereto filed or entered into or made effective by any Debtor includes terms that are materially inconsistent with the Plan or are not otherwise reasonably acceptable to the Commitment Party, and such event remains unremedied for a period of ten (10) Business Days following the TPI Group Entities' receipt of notice of such inconsistent term;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) either of the Chapter 11 Cases of the TPI Group Entities shall have been dismissed or converted to a case under chapter 7 of the Bankruptcy Code, or the Bankruptcy Court has entered an order in any of the Chapter 11 Cases appointing an examiner or trustee with expanded powers to oversee or operate the TPI Group Entities in the Chapter 11 Cases;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) if, as of 11:59 p.m. prevailing Eastern Time on the date that is sixty (60) days from the date the Plan is filed with the Bankruptcy Court, the Bankruptcy Court has not entered the Confirmation Order; or

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) any of the Debtors enter into a definitive agreement with respect to a Competing Plan Proposal with a third party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) *Termination by TPI Mexico V and TPI Mexico VI*. Prior to the Plan Effective Date, TPI Mexico V and TPI Mexico VI may terminate this Agreement upon the occurrence of any of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) upon the breach in any material respect by the Commitment Party of any of the representations, warranties or covenants of the Commitment Party set forth herein which would, individually or in the aggregate, result in a failure of a condition set forth in <u>Section</u> <u>8(b)</u> and which is incurable or, if curable, remains uncured by the earlier of (A) ten (10) Business Days after the receipt of written notice of such breach from TPI Mexico V and TPI Mexico VI pursuant to this <u>Section</u> <u>11</u> and in accordance <u>Section</u> <u>13</u> (as applicable) and (B) the Business Day before the Outside Date; *provided*, that TPI Mexico V and TPI Mexico VI shall not have the right to terminate this Agreement pursuant to this <u>Section</u> <u>11(c)(i)</u> if a TPI Group Entity is then in breach of this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) upon the breach by the Commitment Party of the Amendment to A&R Advance Agreement which is incurable or, if curable, remains uncured by the earlier of (A) four (4) Business Days after the receipt of written notice of such breach from TPI Mexico V or TPI Mexico VI pursuant to this <u>Section</u> <u>11</u> and in accordance with <u>Section</u> <u>13</u> (as applicable) and (B) the Business Day before the Outside Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) upon the failure of the Commitment Party to deliver any portion of the Purchase Price Escrow Amount required to be funded pursuant to <u>Section</u> <u>1(c)(iii)</u> on or after the Commitment Funding Deadline; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) the issuance by any Government Authority, including any regulatory authority or court of competent jurisdiction, of any final and nonappealable ruling, judgment or order enjoining the consummation of or rendering illegal the Direct Investment or any other material portion of the transactions contemplated by this Agreement; *provided*, however, that the right to terminate this Agreement under this <u>Section</u> <u>11(c)(ii)</u> shall not be available if a TPI Group Entity's action or failure to fulfill any obligation under this Agreement has been the cause of, or has resulted in, the issuance of such ruling, judgment or order.

*Notice of Termination*. If any Party desires to terminate this Agreement pursuant to this <u>Section</u> <u>11</u>, such Party shall give written notice of such termination to such other Party in accordance with <u>Section</u> <u>13</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) *Effect of Termination*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) If this Agreement is validly terminated pursuant to this <u>Section</u> <u>11</u>, this Agreement shall thereupon become null and void and of no further force and effect, except for the provisions of <u>Section</u> <u>6(g)</u> and this <u>Section</u> <u>11</u>, together with any related defined terms and definitions thereof (each of which shall survive such termination); *provided*, that nothing in this <u>Section</u> <u>11(d)</u> shall be deemed to (i) release any Party from any liability for any (A) knowing and intentional breach of this Agreement prior to the date of termination or (B) willfully and knowingly committed fraud against the non-breaching party with the specific intent to deceive and mislead, as determined by the Bankruptcy Court or (ii) impair the right of any Party to compel specific performance by any other Party of its obligations under this Agreement.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Notwithstanding <u>Section</u> <u>11(d)(i)</u>, in the event of a termination of this Agreement pursuant to <u>Section</u> <u>11(c)(i)</u>, <u>Section</u> <u>11(c)(ii)</u> or <u>Section</u> <u>11(c)(iii)</u> TPI Parent shall deliver written instructions to the Escrow Agent to pay an amount equal to the Deposit Escrow Amount (together with all accrued investment income thereon (if any)) to TPI Parent. The Commitment Party acknowledges that the agreements contained in this <u>Section</u> <u>11(d)(ii)</u> are an integral part of the Transactions, and that without these agreements, TPI Parent and the TPI Mexico Entities would not have entered into this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Notwithstanding <u>Section</u> <u>11(d)(i)</u>, in the event of a termination of this Agreement pursuant to this <u>Section</u> <u>11</u> (other than a termination pursuant to <u>Section</u> <u>11(c)(i)</u>), then TPI Parent shall, within two (2) Business Days after the date of such termination, deliver written instructions to the Escrow Agent directing the Escrow Agent to deliver an amount equal to the Deposit Escrow Amount (together with all accrued investment income thereon (if any)) to the Commitment Party.

Section 12. **EXPENSES**. Except as otherwise specified in the Transaction Agreements or the Commercial Arrangements, each Party will pay its own costs and expenses, including legal, consulting, financial advisor, accounting and other fees and expenses, incurred in connection with the Transaction Agreements and the Transactions, irrespective of when incurred or whether or not the Plan Effective Date occurs.

Section 13. **NOTICES**. All notices and other communications under this Agreement shall be in writing and shall be deemed given (a) when delivered personally by hand (with written confirmation of receipt), (b) when sent by facsimile (with written confirmation of transmission), (c) five (5) days after being deposited with the U.S. Post Office, by registered or certified mail, postage prepaid, (d) one (1) Business Day following the day sent by overnight courier (with written confirmation of receipt), or (e) when sent by electronic mail (with acknowledgment received), in each case at the following addresses (or to such other address as a Party may have specified by like notice):

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| | |
|:---|:---|
| If to TPI Parent, TPI Mexico V, TPI Mexico VI and WindDown Co to: | TPI Composites, Inc.<br> 9200 E. Pima Center Parkway, Suite 250<br> Scottsdale, AZ 85258<br> Attention: Steven Fishbach<br> E-mail: SFishbach@tpicomposites.com |
| with a copy (which will not constitute notice) to: | Weil, Gotshal & Manges LLP<br> 767 Fifth Avenue<br> New York, New York 10153<br> Attention: Gabriel A. Morgan; Lauren Tauro;<br> Mariel E. Cruz; Nate J. Christenson<br> E-mail: Gabriel.Morgan@weil.com; Lauren.Tauro@weil.com; Mariel.Cruz@weil.com; Nate.Christensen@weil.com |
| If to the Commitment Party, to: | Vestas America Holding, Inc.<br> c/o Vestas Wind Systems A/S<br> Hedeager 42<br> 8200 Aarhus N.<br> Denmark<br> Attention: Mikkel Bach Jensen; Lars Terp Paulsen<br> E-mail: MIKBA@vestas.com; LATEP@vestas.com |

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with a copy (which will not constitute notice) to: Reed Smith LLP 599 Lexington Avenue New York, NY 10022 Attention: Omar J. Alaniz; Alissa K. Piccione; Wayne R. Uffleman E-mail: OAlaniz@ReedSmith.com; APiccione@ReedSmith.com; WUffleman@ReedSmith.com

Section 14. **ASSIGNMENT; THIRD PARTY BENEFICIARIES**. This Agreement will be binding upon and inure to the benefit of and be enforceable by the respective successors and permitted assigns of the Parties. No Party may assign (whether by operation of Law or otherwise) this Agreement or any rights, interests or obligations provided by this Agreement without the prior written consent of TPI Parent, TPI Mexico V and TPI Mexico VI (in the case of an assignment by the Commitment Party prior to the Plan Effective Date), or WindDown Co (in the case of an assignment by the Commitment Party on or after the Plan Effective Date) or the Commitment Party (in the case of an assignment by TPI Parent, WindDown Co or the TPI Group Entities); *provided*, *however*, that (a) the Commitment Party may assign this Agreement and any or all rights and obligations under this Agreement to any of its controlled Affiliates, (b) TPI Parent may assign any of its rights or obligations under this Agreement to WindDown Co, and (c) any of TPI Parent or WindDown Co may assign any of its rights or obligations under this Agreement to any of its controlled Affiliates or to any plan administrator, liquidator, examiner, receiver, trustee, or similar party appointed on behalf of TPI Parent or WindDown Co following the Plan Effective Date; <u>provided</u>, <u>further</u>, that no such assignment pursuant to the foregoing <u>clause (a)</u> shall release the Commitment Party, TPI Parent, the TPI Group Entities or WindDown Co from any Liability under this Agreement. Any attempted assignment in violation of this <u>Section</u> <u>14</u> shall be void ab initio.

Section 15. **PARENT GUARANTEE. The** Commitment Party Parent hereby irrevocably and unconditionally guarantees the due and punctual performance of the Commitment Party's obligations hereunder to (i) pay expenses expressly required to be borne by the Commitment Party when due and payable pursuant to and in accordance with this Agreement or make any other payment obligations of the Commitment party under this Agreement or otherwise arising out of or relating to the Transactions (for which the Commitment Party is responsible hereunder), and (ii) pay monetary damages when due and payable, subject to the other terms hereof (collectively, the "**Guaranteed Obligations**"). The guarantee set forth in this <u>Section</u> <u>15</u> is a continuing guarantee of payment (and not of collection). TPI Parent may enforce the Guaranteed Obligations directly against the Commitment Party Parent without first being required to seek enforcement against the Commitment Party Parent or any other Person. The Commitment Party Parent waives notice of acceptance of this guarantee and, to the extent permitted by applicable Law, notice of nonperformance or default with respect to the Guaranteed Obligations. The Commitment Party Parent further waives any suretyship defenses that would otherwise be available solely by virtue of its status as guarantor, other than defenses arising from payment in full of the applicable Guaranteed Obligation in accordance with the terms hereof.

Section 16. **ENTIRE AGREEMENT**. This Agreement (including the Exhibits, the Schedules, and the other documents and instruments referred to herein) and the APA constitute the entire agreement of the Parties and supersede all prior agreements, arrangements or understandings, whether written or oral, among the Parties with respect to the subject matter of this Agreement, except that the Parties acknowledge that any confidentiality agreements heretofore executed among TPI Parent and the Parties will continue in full force and effect. The Parties acknowledge and agree that any redacted or summarized version of this Agreement filed with a Government Authority is prepared solely for regulatory purposes, does not constitute a separate agreement, and shall not modify, amend or supersede the terms hereof in any respect. In the event of any conflict, inconsistency, or discrepancy between such redacted or summarized version and this Agreement, the terms and provisions of this Agreement shall govern and control in all respects.

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Section 17. **GOVERNING LAW; SUBMISSION TO JURISDICTION; SELECTION OF FORUM; WAIVER OF TRIAL BY JURY.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) This Agreement, and all claims or causes of action (whether in contract or tort) that may be based upon, arise out of or relate to this Agreement (including the Exhibits and schedules hereto), or the negotiation, execution, termination, performance or nonperformance of this Agreement (including the Exhibits and schedules hereto) (each, a "**Transaction Dispute**"), shall be governed by and construed in accordance with the Laws of the State of Delaware applicable to contracts made and performed in such State, without regard to any conflict of Laws principles thereof. Each Party agrees that it shall bring any action or proceeding in respect of any claim based upon, arising out of, or related to this Agreement, any provision hereof or any of the Transactions in the Bankruptcy Court and, solely in connection with claims arising under this Agreement or the Transactions that are the subject of this Agreement, (a) irrevocably submits to the exclusive jurisdiction of the Bankruptcy Court, (b) waives any objection to laying venue in any such action or proceeding in the Bankruptcy Court and (c) waives any objection that the Bankruptcy Court is an inconvenient forum or does not have jurisdiction over any Party. Without limiting the generality of the foregoing, the Parties irrevocably and unconditionally:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) submit for themselves and their respective property to the exclusive jurisdiction of the Bankruptcy Court with respect to any Transaction Dispute involving any Party and its property, and for recognition and enforcement of any judgment in respect thereof, and agree that all claims in respect of any Transaction Dispute involving any Party and its property shall be heard and determined in the Bankruptcy Court; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) agree that venue would be proper in the Bankruptcy Court and waive any objection that they may now or hereafter have that the Bankruptcy Court is an improper or inconvenient forum for the resolution of any Transaction Dispute involving any Party and its property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Each Party agrees that a judgment in any such dispute may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. EACH PARTY HERETO WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY ACTION, MATTER OR PROCEEDING BASED UPON, ARISING OUT OF, OR RELATED TO THIS AGREEMENT, ANY PROVISION HEREOF OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREBY.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) All offers of compromise or settlement among the Parties or their Representatives in connection with the attempted resolution of any Transaction Dispute (i) shall be deemed to have been delivered in furtherance of a Transaction Dispute settlement, (ii) shall be exempt from discovery and production and (iii) shall not be admissible into evidence (whether as an admission or otherwise) in any proceeding relating to the resolution of any such Transaction Dispute.

Section 18. **COUNTERPARTS**. This Agreement may be executed in any number of counterparts, all of which will be considered one and the same agreement and will become effective when counterparts have been signed by each of the Parties and delivered to the other Parties, as applicable, (including via facsimile or other electronic transmission), it being understood that each Party need not sign the same counterpart.

Section 19. **AMENDMENTS AND WAIVERS**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) This Agreement may be amended, modified or supplemented and the terms and conditions of this Agreement may be waived, only by a written instrument signed by the applicable Parties hereto.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) No delay on the part of any Party in exercising any right, power or privilege pursuant to this Agreement will operate as a waiver thereof, nor will any waiver on the part of any Party of any right, power or privilege pursuant to this Agreement, nor will any single or partial exercise of any right, power or privilege pursuant to this Agreement, preclude any other or further exercise thereof or the exercise of any other right, power or privilege pursuant to this Agreement. The rights and remedies provided pursuant to this Agreement are cumulative and are not exclusive of any rights or remedies which any Party otherwise may have at law or in equity.

Section 20. **NON-RECOURSE.** All claims, obligations, Liabilities, Actions or causes of action (whether in Contract or in tort, in law or in equity, or granted by statute) that may be based upon, in respect of, arise under, out or by reason of, be connected with, or relate in any manner to this Agreement, or the negotiation, execution, or performance of this Agreement (including any representation or warranty made in, in connection with, or as an inducement to, this Agreement), may be made only against (and are expressly limited to) the entities that are expressly identified as parties hereto in the preamble to this Agreement or, if applicable, their successors and assigns (collectively, "**Contracting Parties**"), in each case, subject to and in accordance with the terms of this Agreement, including <u>Section</u> <u>22</u>. No Person who is not a Contracting Party, including any past, present or future director, officer, employee, incorporator, member, partner, manager, stockholder, Affiliate, agent, consultant, attorney, accountants, financial advisor or other representative of, and any lender to, any Contracting Party, or any director, officer, employee, incorporator, member, partner, manager, stockholder, Affiliate, agent, consultant, attorney, accountants, financial advisor or other representative of, and any lender to, any of the foregoing (collectively "**Nonparty Affiliates**"), shall have any Liability (whether in Contract or in tort, in law or in equity, or granted by statute) for any claims, causes of action, obligations, or other Liabilities arising under, out of, in connection with, or related in any manner to this Agreement or based on, in respect of, or by reason of this Agreement or their negotiation, execution, performance, or breach; and, to the maximum extent permitted by Law, each Contracting Party hereby waives and releases all such claims, causes of action, obligations and other Liabilities against any such Nonparty Affiliates. It is expressly agreed that the Nonparty Affiliates to whom this <u>Section</u> <u>20</u> applies shall be third-party beneficiaries of this <u>Section</u> <u>20</u>. Notwithstanding anything in this Agreement or in any other Transaction Agreement to the contrary, nothing in this Agreement shall limit any rights or claims a Person may have in respect of Fraud.

Section 21. **SPECIFIC PERFORMANCE**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Except to the extent set forth otherwise in this Agreement, all remedies under this Agreement expressly conferred upon a Party will be deemed cumulative with and not exclusive of any other remedy conferred hereby, or by Law or equity upon such Party, and the exercise by a Party of any one remedy will not preclude the exercise of any other remedy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Each Party agrees that irreparable damage would occur, and the Parties would not have an adequate remedy at law if any provision of this Agreement is not performed in accordance with its specific terms or is otherwise breached. Accordingly, each Party agrees that the other Parties will be entitled to injunctive relief from time to time to prevent breaches of the provisions of this Agreement and to enforce specifically the terms and provisions of this Agreement, in each case (i) without the requirement of posting any bond or other indemnity and (ii) in addition to any other remedy to which it may be entitled, at law or in equity. Furthermore, each Party agrees not to raise any objections to the availability of the equitable remedy of specific performance to prevent or restrain breaches of this Agreement, and to specifically enforce the terms of this Agreement to prevent breaches or threatened breaches of, or to enforce compliance with, the covenants and obligations of such Party under this Agreement. Each Party expressly disclaims that it is owed any duty not expressly set forth in this Agreement and waives and releases all tort claims and tort causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement.

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Section 22. **LIMITATION ON LIABILITY**. Notwithstanding anything in this Agreement or in any other Transaction Agreement to the contrary, (a) except in the event of willfully and knowingly committed fraud with the specific intent to deceive or mislead ("**Fraud**"), the maximum aggregate Liability of TPI Parent, WindDown Co and the TPI Group Entities under this Agreement shall not exceed, in the aggregate, $1,000,000, (b) the maximum Liability of the Commitment Party under, or with respect to, this Agreement shall not exceed an amount equal to fifty percent (50%) of the Base Purchase Price, and (c) in no event shall TPI Parent, WindDown Co or any Party have any Liability under this Agreement (including under this <u>Section</u> <u>22</u>) for any consequential, special, incidental, indirect or punitive damages, lost profits or similar items (including loss of revenue, income or profits, diminution of value or loss of business reputation or opportunity).

Section 23. **PROVISION RESPECTING LEGAL REPRESENTATION.** Each Party agrees that Weil, Gotshal & Manges LLP may represent TPI Parent and its Affiliates in connection with the negotiation, preparation, execution and delivery of the Transaction Agreements and the consummation of the Transactions. Following consummation of the Transactions, and solely with respect to disputes between TPI Parent (and its Affiliates) and the Commitment Party (or its Affiliates) arising out of or relating to the Transactions or the Transaction Agreements, Weil, Gotshal & Manges LLP may represent TPI Parent or any of its Affiliates notwithstanding any prior representation of any TPI Mexico Entity in connection with the Transactions. The foregoing is subject to Weil, Gotshal & Manges LLP's compliance with applicable ethical rules and the obligation not to use or disclose any confidential information of any TPI Mexico Entity obtained in the course of its prior representation. For the avoidance of doubt, (i) nothing herein waives any conflict in matters other than such disputes, (ii) nothing herein limits the attorney-client privilege of any TPI Mexico Entity, which shall remain with, and be controlled by, such entity after the Plan Effective Date, and (iii) no Party is required to cause its Affiliates or Representatives to provide waivers beyond the foregoing.

Section 24. **PUBLIC ANNOUNCEMENTS**. The initial press release with respect to the execution of this Agreement shall be a joint press release to be reasonably agreed upon by the Commitment Party and the TPI Group Entities. No Party nor any Affiliate or Representative of such Party shall issue or cause the publication of any press release or public announcement or otherwise communicate with any news media in respect of the Transaction Agreements or the Transactions without the prior written consent of the other Parties (which consent shall not be unreasonably withheld, conditioned or delayed), except as a party believes in good faith and based on reasonable advice of counsel is required by applicable Law or by Order of the Bankruptcy Court or by applicable rules of any stock exchange or quotation system on which such Party or their Affiliates lists or trades securities (in which case the disclosing Party, to the extent practicable under the circumstances and permissible by Law shall (a) advise TPI Parent, WindDown Co, TPI Mexico V and TPI Mexico VI (in the case of the Commitment Party) and the Commitment Party (in the case of TPI Parent, WindDown Co, TPI Mexico VI and TPI Mexico VI) before making such disclosure and (b) provide TPI Parent, WindDown Co, TPI Mexico V and TPI Mexico VI (in the case of the Commitment Party) and the Commitment Party (in the case of TPI Parent, WindDown Co, TPI Mexico VI and TPI Mexico VI) a reasonable opportunity to review and comment on such release or announcement and consider in good faith any comments with respect thereto).

Section 25. **DISCLOSURE SCHEDULES AND EXHIBITS**. The Disclosure Schedules, schedules and Exhibits attached to this Agreement shall be construed with and as an integral part of this Agreement to the same extent as if the same had been set forth verbatim herein. Any capitalized terms used in any Exhibit or Schedule or in the Disclosure Schedules but not otherwise defined therein shall be defined as set forth in this Agreement. The representations and warranties of the TPI Group Entities set forth in this

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Agreement are made and given subject to the disclosures contained in the Disclosure Schedules, and neither the TPI Group Entities nor any of their respective Affiliates shall be, or deemed to be, in breach of any such representations and warranties (and no claim shall lie in respect thereof) in respect of any such matter so disclosed in the Disclosure Schedules. Any matter, information or item disclosed in the Disclosure Schedules under any specific representation or warranty or schedule or section thereof shall be deemed to be disclosed and incorporated by reference in any other schedule or section of the Disclosure Schedules as though fully set forth in such other schedule(s) or section(s), if the applicability to such other schedule(s) or section(s) is reasonably apparent on its face. The inclusion of any matter, information or item in the Disclosure Schedules as an exception to a representation or warranty shall not be deemed to constitute (a) an admission of any Liability by the TPI Group Entities to any third party, (b) an admission that any breach or violation of applicable Laws or any contract or agreement to which any TPI Group Entity is a party exists or has actually occurred, (c) an admission that such item is outside the ordinary course of business or not consistent with past practice, or (d) otherwise imply an admission that such item represents a material exception or material fact, event, circumstance or that such item has had, or would reasonably be expected to have a Material Adverse Effect. The Disclosure Schedules have been arranged for purposes of convenience in separately titled schedules corresponding to the sections of this Agreement.

Section 26. **OTHER INTERPRETIVE MATTERS**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Unless otherwise expressly provided, for purposes of this Agreement, the following rules of interpretation shall apply: (i) when calculating the period of time before which, within which or following which any act is to be done or step taken pursuant to this Agreement, the date that is the reference date in calculating such period shall be excluded and, if the last day of such period is a non-Business Day, the period in question shall end on the next succeeding Business Day; (ii) any reference in this Agreement to $ shall mean U.S. dollars; (iii) all exhibits and schedules annexed hereto or referred to herein are hereby incorporated in and made a part of this Agreement as if set forth in full herein and any capitalized terms used in any Exhibit or Schedule but not otherwise defined therein shall be defined as set forth in this Agreement; (iv) words imparting the singular number only shall include the plural and vice versa; (v) the words such as "herein," "hereinafter," "hereof," and "hereunder" refer to this Agreement as a whole and not merely to a subdivision in which such words appear unless the context otherwise requires; (vi) the word "including" or any variation thereof means "including, without limitation" and shall not be construed to limit any general statement that it follows to the specific or similar items or matters immediately following it; (vii) the division of this Agreement into Sections and other subdivisions and the insertion of headings are for convenience of reference only and shall not affect or be utilized in construing or interpreting this Agreement; (viii) all references in this Agreement to any "Section" are to the corresponding Section of this Agreement unless otherwise specified; (ix) the word "or" shall not be deemed to be exclusive; and (x) all references to, and any obligations of, "Reorganized TPI Mexico V" or "Reorganized TPI Mexico VI" shall be a reference to and obligation of the TPI Mexico V and TPI Mexico VI, as applicable, unless and until TPI Mexico V and TPI Mexico VI, as applicable, cease to be the ultimate parents of the Mexico Subsidiary, and all references to, and any obligations of, the "TPI Mexico V" and "TPI Mexico VI", as applicable, shall be a reference to and obligation of "Reorganized TPI Mexico V" and "Reorganized TPI Mexico VI", as applicable, once Reorganized TPI Mexico V and Reorganized TPI Mexico VI become the ultimate parents of the Mexico Subsidiary.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Parties have participated jointly in the negotiation and drafting of this Agreement and, in the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as jointly drafted by the Parties and no presumption or burden of proof shall arise favoring or disfavoring any party hereto by virtue of the authorship of any provision of this Agreement.

[*Signature Page Follows*]

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IN WITNESS WHEREOF, TPI Parent and the Parties have executed this Agreement as of the date first written above.

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| | | | |
|:---|:---|:---|:---|
| **TPI COMPOSITES, INC. (solely for the purposes of** <u>Section 1(d)(ii)</u>, <u>Section 6(l)</u>, <u>Section 11(d)(ii)</u>, <u>Section 11(d)(iii)</u>, <u>Section 13</u>, <u>Section 14</u>, <u>Section 15</u>, <u>Section 17</u>, <u>Section 18</u>, <u>Section 19</u>, <u>Section 21</u>, <u>Section 22</u>, <u>Section 24</u>) | **TPI COMPOSITES, INC. (solely for the purposes of** <u>Section 1(d)(ii)</u>, <u>Section 6(l)</u>, <u>Section 11(d)(ii)</u>, <u>Section 11(d)(iii)</u>, <u>Section 13</u>, <u>Section 14</u>, <u>Section 15</u>, <u>Section 17</u>, <u>Section 18</u>, <u>Section 19</u>, <u>Section 21</u>, <u>Section 22</u>, <u>Section 24</u>) |  |  |
| By: | /s/ William E. Siwek |  |  |
| Name: William E. Siwek<br> Title: President and Chief Executive Officer<br>**TPI MEXICO V, LLC** | Name: William E. Siwek<br> Title: President and Chief Executive Officer<br>**TPI MEXICO V, LLC** |  |  |
| Name: William E. Siwek<br> Title: President and Chief Executive Officer<br>**TPI MEXICO V, LLC** | Name: William E. Siwek<br> Title: President and Chief Executive Officer<br>**TPI MEXICO V, LLC** |  |  |
| Name: William E. Siwek<br> Title: President and Chief Executive Officer<br>**TPI MEXICO V, LLC** | Name: William E. Siwek<br> Title: President and Chief Executive Officer<br>**TPI MEXICO V, LLC** | By: | /s/ William E. Siwek |
| Name: William E. Siwek | Name: William E. Siwek |  |  |
| Title: President and Chief Executive Officer | Title: President and Chief Executive Officer |  |  |
| **TPI MEXICO VI, LLC** | **TPI MEXICO VI, LLC** |  |  |
| By: | /s/ William E. Siwek |  |  |
| Name: William E. Siwek | Name: William E. Siwek |  |  |
| Title: President and Chief Executive Officer | Title: President and Chief Executive Officer |  |  |

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[*Signature Page to Equity Commitment Agreement*]

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| | |
|:---|:---|
| **VESTAS AMERICA HOLDING, INC.** | **VESTAS AMERICA HOLDING, INC.** |
| By: | /s/ Laura Beane |
| Name: Laura Beane<br> Title: President | Name: Laura Beane<br> Title: President |
| Name: Laura Beane<br> Title: President | Name: Laura Beane<br> Title: President |
| By: | /s/ Mathias Dalsten |
| Name: Mathias Dalsten<br> Title: Chief Financial Officer and Treasurer | Name: Mathias Dalsten<br> Title: Chief Financial Officer and Treasurer |
| Name: Mathias Dalsten<br> Title: Chief Financial Officer and Treasurer | Name: Mathias Dalsten<br> Title: Chief Financial Officer and Treasurer |

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[*Signature Page to Equity Commitment Agreement*]

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| | |
|:---|:---|
| **VESTAS WIND SYSTEMS A/S (solely for the purposes of <u>Section 15</u>)** | **VESTAS WIND SYSTEMS A/S (solely for the purposes of <u>Section 15</u>)** |
| By: | /s/ Lars Terp Paulsen |
| Name: Lars Terp Paulsen<br> Title: Chief Specialist M&A | Name: Lars Terp Paulsen<br> Title: Chief Specialist M&A |
| Name: Lars Terp Paulsen<br> Title: Chief Specialist M&A | Name: Lars Terp Paulsen<br> Title: Chief Specialist M&A |
| By: | /s/ Mikkel Bach Jensen |
| Name: Mikkel Bach Jensen<br> Title: Head of Group Legal | Name: Mikkel Bach Jensen<br> Title: Head of Group Legal |
| Name: Mikkel Bach Jensen<br> Title: Head of Group Legal | Name: Mikkel Bach Jensen<br> Title: Head of Group Legal |

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[*Signature Page to Equity Commitment Agreement*]

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**<u>ANNEX I</u>**

**Allocation Schedule** 

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| | | | |
|:---|:---|:---|:---|
| **Item** | **Total (U.S. Dollars)** | **Allocation to Reorganized<br>TPI Mexico V (99.99%)** | **Allocation to Reorganized TPI<br>Mexico VI (0.01%)** |
|  **Base Purchase Price** | $13999999.00 | $13998600 | $1399 |

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\* The Base Purchase Price is subject to adjustment for Estimated Cash, Estimated Debt, Estimated Inventory Amount, Estimated Accounts Receivable Amount, and Estimated Transaction Costs, pursuant to <u>Section</u> <u>1</u> of this Agreement. 

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**<u>EXHIBIT A</u>**

**Certain Definitions** 

"**A&R Sub-Supplier Advance Agreement**" means that certain Amended and Restated Sub-Supplier Advance Agreement, dated as of January 8, 2026, by and among TPI Mexico V, TPI APAC II, Inc., TPI Composites India Private Limited, Vestas Wind Systems A/S and TPI Composites II, S. de R.L. de C.V.

"**Accounts Receivable Amount**" means all accounts receivable of the TPI Mexico Entities payable by the Commitment Party or any of its Affiliates pursuant to the terms of the Commercial Arrangements and that is outstanding as of immediately prior to the Plan Effective Date which, for the avoidance of doubt, shall not include such amounts (a) that have been actually paid by or on behalf of the Commitment Party pursuant to the Commercial Arrangements, as of immediately prior to such Plan Effective Date or (b) payable by Nordex Energy SE & Co. KG or any Affiliate thereof.

"**Action**" means any action, suit, arbitration, investigation, proceeding, claim, complaint petition, mediation, inquiry, whether civil or criminal, by or before any Government Authority, arbitrator or arbitration panel.

"**Adjustment Amount**" has the meaning set forth in <u>Section</u> <u>1(e)(v)</u>.

"**Adjustment Deficit**" has the meaning set forth in <u>Section</u> <u>1(e)(v)(A)</u>.

"**Adjustment Escrow Account**" means the account established by the Adjustment Escrow Agent to hold the Adjustment Escrow Amount pursuant to the terms of the Adjustment Escrow Agreement.

"**Adjustment Escrow Agent**" means Citibank, N.A.

"**Adjustment Escrow Agreement**" has the meaning set forth in <u>Section</u> <u>1(d)(ii)(E)</u>.

"**Adjustment Escrow Amount**" means $2,100,000.

"**Adjustment Surplus**" has the meaning set forth in <u>Section</u> <u>1(e)(v)(B)</u>.

"**Affiliate**" means, with respect to any specified Person, any other Person that, at the time of determination, directly or indirectly through one or more intermediaries, Controls, is Controlled by or is under common Control with such specified Person; *provided*, *however*, that for the purposes of this Agreement (a) no TPI Group Entity shall be deemed an Affiliate of the Commitment Party, nor, after the Plan Effective Date, of any TPI Mexico Entity of which the Direct Investment Interests are issued and sold to the Commitment Party pursuant to this Agreement, (b) after the Plan Effective Date, the Commitment Party shall be deemed an Affiliate of each of the TPI Mexico Entities (and vice versa), and (c) after the Plan Effective Date, TPI Parent and its Subsidiaries shall be deemed an Affiliate of WindDown Co.

"**Agreement**" has the meaning set forth in the Preamble.

"**Allocation Schedule**" has the meaning set forth in the Recitals.

"**Amendment to A&R Advance Agreement**" has the meaning set forth in the Recitals.

"**Anti-Corruption Laws**" has the meaning set forth in <u>Section</u> <u>4(v)(i)(A)</u>.

"**Antitrust Laws**" means any Laws applicable to the Commitment Party or any TPI Mexico Entity under any applicable jurisdiction that are designed to prohibit, restrict or regulate actions having the purpose or effect of monopolization or restraint of trade.

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"**Asset Purchase Closing**" has the meaning set forth in <u>Section</u> <u>8(a)(xiii)</u>.

"**Assets**" means the assets, properties, rights and interests that are owned, leased or licensed by any TPI Mexico Entity.

"**Bankruptcy and Equity Exception**" means the effect on enforceability of (a) any applicable Law relating to bankruptcy, reorganization, insolvency, moratorium, fraudulent conveyance or preferential transfers, or similar Law relating to or affecting creditors' rights generally and (b) general principles of equity (regardless of whether enforceability is considered in a proceeding in equity or at law).

"**Bankruptcy Code**" has the meaning set forth in the Recitals.

"**Bankruptcy Court**" has the meaning set forth in the Recitals.

"**Base Purchase Price**" means $13,999,999.

"**Bidding Procedures Order**" means the Order *(I)* Approving *(A)* Bid Procedures for Sale of Debtors' Assets, *(B)* Form and Manner of Notice of Sale, Auction, and Sale Hearing, and *(C)* Assumption and Assignment Procedures, *(II)* Scheduling Auction for and Hearing to Approve Sale of Debtors' Assets, and *(III)* Granting Related Relief (ECF No. 288).

"**Business**" means the business (including, but not limited to, the assets and employees) of the TPI Mexico Entities consisting of (a) the manufacturing of wind turbine blades for the Commitment Party or its Subsidiaries at or from facilities located in Matamoros, Mexico and (b) the repair, inspection and servicing of wind turbine blades for the Commitment Party or its Subsidiaries to the extent such repair, inspection or servicing is conducted by the TPI Mexico Entities as of the date of this Agreement.

"**Business Day**" means any day that is not a Saturday, a Sunday or other day on which commercial banks in New York City, New York and Aarhus, Denmark are required or authorized by Law to be closed.

"**Business Intellectual Property**" means all (a) Intellectual Property in Business Technology (including Software) and (b) all other Intellectual Property to the extent owned by any TPI Group Entity or any of the TPI Mexico Entities, in each case, to the extent Related to the Business.

"**Business Technology**" means all Technology Related to the Business to the extent owned by any TPI Group Entity or any of the TPI Mexico Entities.

"**Cash**" means (a) all cash and cash equivalents, checks, commercial paper, treasury bills, securities (other than the Direct Investment Interests), securities entitlements, instruments and other investments, (b) all bank accounts and securities accounts, calculated in accordance with GAAP and TPI Mexico Entities' books and records and (c) the MX4 Lease Deposit; provided, that Cash shall not include any Restricted Cash.

"**Cash Amount**" means the aggregate amount of Cash of the TPI Mexico Entities as of immediately prior to the Plan Effective Date.

"**Change**" has the meaning set forth in the definition of "Material Adverse Effect".

"**Chapter 11 Cases**" has the meaning set forth in the Recitals.

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"**Claims Amount**" has the meaning set forth in <u>Section</u> <u>1(c)(iii)</u>.

"**Code**" means the U.S. Internal Revenue Code of 1986, as amended.

"**Collateral Deposit**" has the meaning set forth in <u>Section</u> <u>6(l)(i)</u>.

"**Collective Bargaining Agreement**" means any written agreement between any TPI Mexico Entity and with a Union representing any Covered Employees that governs the terms and conditions of employment whether or not such agreement is expired by its terms.

"**Commercial Arrangements**" shall mean, collectively (i) the A&R Sub-Supplier Advance Agreement and (ii) the Purchase Agreement.

"**Commitment Funding Deadline**" has the meaning set forth in <u>Section</u> <u>1(c)(ii)</u>.

"**Commitment Funding Notice**" has the meaning set forth in <u>Section</u> <u>1(c)(ii)</u>.

"**Commitment Party**" has the meaning set forth in the Preamble.

"**Commitment Party Parent**" has the meaning set forth in the Preamble.

"**Commitment Party Transaction Agreements**" means this Agreement, the Escrow Agreement, the TSA, and each other Transaction Agreement to which the Commitment Party is named as a party on the signature pages thereto.

"**Commitment Party Transactions**" means the transactions contemplated by the Commitment Party Transaction Agreements.

"**Company Owned Software**" has the meaning set forth in <u>Section</u> <u>4(m)(i)</u>.

"**Competing Plan Proposal**" means a proposal with any Person that is not the Commitment Party or its Affiliates for the purchase of the Direct Investment Interests.

"**Confidentiality Agreement**" means the Confidentiality Agreement, dated as of October 16, 2025, by and between the Commitment Party and TPI Parent, as the same may be amended from time to time in accordance with its terms.

"**Confirmation Order**" has the meaning set forth in the Recitals.

"**Consent**" means any consent, approval or authorization.

"**Contract**" means any written contract, agreement, undertaking, indenture, note, bond, mortgage, lease, sublease, license, sublicense, sales order, purchase order or other instrument or commitment that purports to be binding on any Person or any part of its property (or subjects any such assets or property to a Lien) that is currently in effect, including any amendments thereto. The term "Contractual" shall have a correlative meaning.

"**Contracting Parties**" has the meaning set forth in <u>Section</u> <u>20</u>.

"**Control**" means, with respect to any Person, the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by Contract or otherwise. The terms "Controlled by," "Controlled," "under common Control with" and "Controlling" shall have correlative meanings.

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"**Covered D&O Persons**" has the meaning set forth in <u>Section</u> <u>7(c)(i)(A)</u>.

"**Covered Employee**" means any employee of any TPI Mexico Entity.

"**D&O Tail Policy**" has the meaning set forth in <u>Section</u> <u>4(u)(ii)</u>.

"**Data**" means databases and compilations, including all data and collections of data, whether machine readable or otherwise.

"**Data Protection Obligations**" means, to the extent applicable, the Payment Card Industry Data Security Standards and all applicable Laws, in each case, as amended, consolidated, re-enacted or replaced from time to time, that are related to the privacy, security, data-breach notification, protection, or Processing of Personal Data (including Laws of jurisdictions where Personal Data was collected), including, but not limited to, as applicable, the Federal Trade Commission Act, The Controlling the Assault of Non-Solicited Pornography And Marketing Act of 2003, California Consumer Privacy Act, the Telephone Consumer Protection Act, the Telemarketing and Consumer Fraud and Abuse Prevention Act, Children's Online Privacy Protection Act, the Gramm Leach Bliley Act, the Electronic Communications Privacy Act, the Fair Credit Reporting Act, the Fair and Accurate Credit Transaction Act, Ley General de Protección de Datos Personales en Posesión de Sujetos Obligados, the EU General Data Protection Regulation ("**GDPR**"), Federal Data Protection Act of 19 June 1992 (Switzerland), the GDPR as amended and incorporated into UK Law under the UK European Union (Withdrawal) Act 2018, and EU or EU Member state Laws, U.S. state data security Laws, U.S. state biometric privacy acts, U.S. state social security number protection Laws, and U.S. state data breach notification Laws.

"**Debt**" means, without duplication, with respect to each of the TPI Mexico Entities, all monetary obligations of any nature (including principal and accrued interest related thereto) (a) for borrowed money, (b) evidenced by notes, bonds, debentures, mortgages or similar instruments, but excluding letters of credit to the extent not drawn upon, in each case, from third party lending sources, and (c) any guarantees made in respect of Debt of the type described in <u>clauses (a)</u> and/or <u>(b)</u> above. Notwithstanding the foregoing, "Debt" of the Mexico Subsidiary shall not include (i) trade payables not in the form of debt for borrowed money, (ii) any Liabilities solely between any of the TPI Mexico Entities that are disclosed on <u>Section</u> <u>6(j)</u> and (iii) any amounts included in Transaction Costs.

"**Debtors**" has the meaning set forth in the Recitals.

"**Deposit Escrow Account**" means the account established by the Escrow Agent to hold the Deposit Escrow Amount pursuant to the terms of the Escrow Agreement.

"**Deposit Escrow Amount**" means $1,400,000.

"**Deposits**" means all deposits paid to or held in trust by, any third party (including customer deposits and security deposits for rent, electricity, telephone or otherwise and adequate assurance deposits posted in accordance with Section 366 of the Bankruptcy Code) and prepaid or deferred charges and expenses paid to any third party. Without limiting the foregoing, Deposits includes the Leasehold Security Deposits.

"**Direct Investment**" means the TPI Mexico V Direct Investment and the TPI Mexico VI Direct Investment.

"**Direct Investment Interests**" means the TPI Mexico V Direct Investment Interests and the TPI Mexico VI Direct Investment Interests.

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"**Disclosure Schedules**" means the disclosure schedules dated as of the date hereof, delivered by the TPI Group Entities to the Commitment Party, which form a part of this Agreement.

"**Disclosure Statement**" has the meaning set forth in <u>Section</u> <u>6(a)(i)</u>.

"**Disclosure Statement Order**" has the meaning set forth in <u>Section</u> <u>6(a)(ii)</u>.

"**Dispute Notice**" has the meaning set forth in <u>Section</u> <u>1(e)(iii)</u>.

"**Disputed Lease Amount**" means MXN $17,239,886.00, converted to U.S. dollars at the closing USD/MXN exchange rate published in The Wall Street Journal on the Business Day prior to the date upon which the TPI Group Entities deliver the Commitment Funding Notice pursuant to <u>Section</u> <u>1(c)(ii)</u>; *provided*, *however*, that the Disputed Lease Amount shall be reduced, dollar-for-dollar by the amount by which, and solely to the extent that: (a) the parties to the MX4 Lease agree in writing, in form and substance reasonably satisfactory to the Commitment Party, that the Mexico Subsidiary is not, nor is any other TPI Mexico Entity, responsible for payment of the Disputed Lease Amount (or any portion thereof), without any amendment, waiver or modification to the terms of such lease or any other obligation that would be adverse to the Commitment Party or the Business (unless, in each case, the Commitment Party consents to such amendment, waiver or modification, in its sole discretion); or (b) the Mexico Subsidiary actually pays such amount (or the applicable portion thereof) to QVC or, as applicable, CONAGUA prior to the Plan Effective Date, in which case the TPI Group Entities shall provide the Commitment Party with reasonable documentary evidence of such payment and the amount thereof.

"**Disputed Lease Escrow Account**" means the account established by the Adjustment Escrow Agent to hold the Disputed Lease Amount pursuant to the terms of the Adjustment Escrow Agreement.

"**Disputed Lease Matter**" means the claim against the Mexico Subsidiary by QVC to reimburse QVC with respect to potential fines or penalties imposed by Comisión Nacional del Agua (CONAGUA) against QVC in respect of the water discharge well located on the Leased Real Property subject to the MX4 Lease, or any such potential fines or penalties imposed by Comisión Nacional del Agua (CONAGUA) directly against the Mexico Subsidiary in respect of the water discharge well located on the Leased Real Property subject to the MX4 Lease.

"**Embargoed Countries**" has the meaning set forth in <u>Section</u> <u>4(v)(v)</u>.

"**Employee Plans**" means all employee benefit plans, funds, provisions, schemes or proposals provided by the TPI Mexico Entities or any of their respective Affiliates to the Covered Employees and each other retirement, welfare benefit, bonus, stock option, stock purchase, restricted stock, incentive, deferred compensation, employment, retention, termination, or severance programs or agreements, in each case, pursuant to which any TPI Mexico Entities currently has, or could reasonably expected to have, any Liability for Covered Employees or their dependents (contingent or otherwise).

"**Environmental Law**" means any applicable Law promulgated by a Government Authority relating to pollution or protection of the environment or worker health and safety as related to exposure to Hazardous Materials.

"**Environmental Permit**" means any Permit that is issued or required by a Government Authority under any Environmental Law and necessary to the operation of the Business as of the date hereof.

"**Equity Commitment**" has the meaning set forth in <u>Section</u> <u>1(a)(ii)</u>.

"**Escrow Agent**" means Citibank, N.A.

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"**Escrow Agreement**" means that certain Escrow Agreement, dated as of October 20, 2025, by and among TPI Parent and the Escrow Agent.

"**Estimated Accounts Receivable Amount**" has the meaning set forth in <u>Section</u> <u>1(c)(i)</u>.

"**Estimated Cash**" has the meaning set forth in <u>Section</u> <u>1(c)(i)</u>.

"**Estimated Debt**" has the meaning set forth in <u>Section</u> <u>1(c)(i)</u>.

"**Estimated Inventory Amount**" has the meaning set forth in <u>Section</u> <u>1(c)(i)</u>.

"**Estimated Payment Statement**" has the meaning set forth in <u>Section</u> <u>1(c)(i)</u>.

"**Estimated Purchase Price**" has the meaning set forth in <u>Section</u> <u>1(a)(iv)</u>.

"**Estimated Transaction Costs**" has the meaning set forth in <u>Section</u> <u>1(c)(i)</u>.

"**Excluded Business**" means the business (including, but not limited to, the assets and employees) of TPI Parent and its Affiliates that the Commitment Party is not acquiring hereunder, including their respective businesses consisting of, (a) wind blade manufacturing at manufacturing facilities located in the United States and Ciudad Juarez, Chihuahua, Mexico and all related storage facilities used in connection with such manufacturing, (b) wind blade inspection and repair services located in the United States, India and Europe and Mexico, for the purpose of inspection and repair services to both customers and wind farm owners and operators and (c) design and technical support to global manufacturing and service operations through engineering and technical centers, including but not limited to the advanced engineering center in Kolding, Denmark.

"**Exhibits**" means the exhibits to this Agreement (as may be amended from time to time in accordance herewith) which form a part of this Agreement.

"**Filed Mexico ECA**" has the meaning set forth in <u>Section</u> <u>6(n)</u>.

"**Final Payment Statement**" has the meaning set forth in <u>Section</u> <u>1(e)(i)</u>.

"**Final Purchase Price**" has the meaning set forth in <u>Section</u> <u>1(a)(iv)</u>.

"**Financial Statements**" has the meaning set forth in <u>Section</u> <u>4(g)(i)</u>.

"**Finished Goods Inventory**" means all finished goods constituting Inventory that (a) was produced for sale to the Commitment Party or an Affiliate thereof pursuant to the Commercial Arrangements, and (b) is in good and merchantable condition, free from material defects, and of a quality usable and saleable in the ordinary course of business consistent with past practice.

"**Forced Labor**" means work or service exacted from persons under the menace of any penalty for nonperformance, including the use of force, fraud, or coercion, and for which the workers do not offer themselves voluntarily. Forced Labor includes modern slavery, human trafficking, and child labor.

"**Fraud**" has the meaning set forth in <u>Section</u> <u>22</u>.

"**GAAP**" means U.S. generally accepted accounting principles or, as applicable solely to the Mexico Subsidiary, the generally accepted Mexican financial information standards, consistently applied (normas de información financiera generalmente aceptadas en México, consistentemente aplicadas).

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"**Government Approvals**" has the meaning set forth in <u>Section</u> <u>6(h)(i)</u>.

"**Government Authority**" means any U.S. federal, state or local or supra-national government or non-U.S. government, political subdivision, governmental, regulatory or administrative authority, instrumentality, agency, body or commission, self-regulatory organization or any court, tribunal, or judicial or arbitral body.

"**Guaranteed Obligation**s" has the meaning set forth in <u>Section</u> <u>15</u>.

"**Hazardous Materials**" means any substance, material or waste that is defined or regulated as "hazardous," "toxic," "radioactive," a "pollutant," a "contaminant" or words of similar meaning and regulatory effect under any applicable Environmental Law, including but not limited to, (a) any petroleum or petroleum product, oil or waste oil; (b) any asbestos or polychlorinated biphenyls; and (c) any other chemical, material or substance (whether solid, liquid or gaseous), the exposure to which or whose discharge emission, disposal or Release is prohibited, limited or regulated under any applicable Environmental Law.

"**Insurance Policy**" or "**Insurance Policies**" means, collectively, all policies and programs of or agreements for insurance and interests in insurance pools and programs of TPI Parent and the TPI Mexico Entities (in each case including self-insurance and insurance from Affiliates).

"**Intellectual Property**" means any and all intellectual property rights or similar proprietary rights throughout the world, including any and all: (a) patents and patent applications, including reissues, division, continuations, continuations-in-part, extensions and reexaminations; (b) copyrights, moral rights, mask work rights, database, rights and design rights, including all applications, registrations, extensions, renewals and reversions of the foregoing; (c) Trademarks; (d) know-how and Trade Secrets; (e) Internet domain names; (f) rights in Software; (g) improvements to any of the foregoing; (h) rights to apply for, obtain, prosecute, register, maintain and defend any of the foregoing; (i) rights of publicity and rights of privacy; (j) rights to assert, claim or sue and collect damages for the past, present or future infringement, misappropriation or other violation of any of the foregoing; (k) rights in all of the foregoing provided by treaties, conventions and all other applicable Laws; and (l) all other intellectual property rights of any kind or nature including all intellectual property rights in or relating to Technology.

"**Intended Tax Treatment**" has the meaning set forth in <u>Section</u> <u>9(c)</u>.

"**Intercompany Obligations**" has the meaning set forth in <u>Section</u> <u>4(x)</u>.

"**Interim Period**" has meaning set forth in <u>Section</u> <u>6(e)</u>.

"**International Trade Laws**" means (a) all applicable trade, export control, import, antiboycott, and Forced Labor Laws imposed, administered, or enforced by the European Union, United States, and any other country, including the International Traffic in Arms Regulations (22 C.F.R. Parts 120-130), the Export Administration Regulations (15 C.F.R. Parts 730-774), the Foreign Trade Regulations (15 C.F.R. Part 30), the regulations administered by U.S. Customs and Border Protection (19 C.F.R. Parts 0-192), and the Uyghur Forced Labor Prevention Act (Pub. L. No. 117, 135 Stat. 1525); and (b) any applicable economic or financial sanctions promulgated, administered, or enforced by the European Union, United States, or any other country, including the regulations administered by the U.S. Department of the Treasury's Office of Foreign Assets Control (31 C.F.R. Parts 501-599).

"**Inventory**" means all inventory wherever located, including raw materials, consumables, works in progress, semi-finished and finished good, packaging, supplies, replacement or component parts, safety stock, maintenance supplies, tooling, spares and parts maintained or held by or stored by or on behalf of the TPI Mexico Entities, whether held at any location or facility of the TPI Mexico Entities or in transit to the TPI Mexico Entities.

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"**IP License Agreement**" has the meaning set forth in <u>Section</u> <u>4(m)(vi)</u>.

"**Inventory Amount**" means solely with respect to Finished Goods Inventory the value of such Finished Good Inventory as of immediately prior to the Plan Effective Date calculated based on then prevailing purchase order price *minus* the aggregate amount of Advances (as defined in the A&R Sub-Supplier Advance Agreement), net of any discounts previously applied and realized by the Commitment Party or its Affiliate in respect of such Advances pursuant to Section 3 of the A&R Sub-Supplier Advance Agreement; provided, that Inventory Amount shall exclude (a) the value of any such Finished Goods Inventory that has been invoiced to the Commitment Party under either of the Commercial Arrangements, as of immediately prior to the Plan Effective Date or (b) the value of any such Finished Goods Inventory invoiced and paid for or otherwise settled by or on behalf of the Commitment Party under either of the of the Commercial Arrangements, as of immediately prior to the Plan Effective Date. For the avoidance of doubt, no amount included in the Accounts Receivable Amount shall also be included in the Inventory Amount.

"**Knowledge of Each TPI Group Entity**" means the actual knowledge of William E. Siwek, Ryan Miller, Chuck Stroo, James Schimanski, Steven Fishbach and Ernesto Garcia and the knowledge such Persons would have after reasonable due inquiry of their direct reports generally knowledgeable about the subject matter in question.

"**Law**" means any U.S. or non-U.S. federal, state or local statute, law, ordinance, regulation, rule, code, act, treaty, Order, or other requirement or rule of law (including common law) promulgated by a Government Authority.

"**Lease**" or "**Leases**" mean the real property leases, subleases or licenses governing the Leased Real Property.

"**Leased Real Property**" means any real property that is leased, subleased or licensed by any TPI Mexico Entity, in each case, granting the TPI Mexico Entities a right of use or occupancy in such real property.

"**Leasehold Security Deposits**" has the meaning set forth in <u>Section</u> <u>4(s)(v)</u>.

"**Legend**" has the meaning set forth in <u>Section</u> <u>6(d)</u>.

"**Liabilities**" means any liability, Debt, guarantee, claim, demand, loss, damage, expense, fine, penalty, duty, responsibility, commitment, assurance or obligation (whether known or unknown, direct or indirect, fixed, absolute or contingent, matured or unmatured, accrued or unaccrued, asserted or unasserted, ascertained or ascertainable, disputed or undisputed, liquidated or unliquidated, secured or unsecured, joint or several, vested or unvested, executed, determined, determinable, in contract, tort, strict liability, or otherwise, or due or to become due, including any liability for Taxes) of any kind, character, or description, including all costs and expenses related thereto.

"**Licensed IP**" has the meaning set forth in <u>Section</u> <u>4(m)(ii)</u>.

"**Lien**" means any mortgage, deed of trust, pledge, hypothecation, security interest, encumbrance, license, claim, lien or charge of any kind.

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"**Material Adverse Effect**" means any fact, event, change, effect, development, circumstance, or occurrence (each, a "**Change**") that, individually or in the aggregate, has had or would reasonably be expected to have a material adverse effect on the business, operations, properties, assets or condition (whether financial or otherwise) of the Business; *provided*, that, none of the following, either alone or in combination, will constitute a Material Adverse Effect: (a) any Change in the U.S. or foreign economies or securities or financial markets in general (including any decline in the price of securities generally or any market or index); (b) any Change that generally affects any industry in which the Business operates, or that is the result of general business or economic conditions in any of the geographical areas, in which the Business operates; (c) national or international political or social conditions, including any Change arising in connection with protests, civil unrest, riots, public disorder, hostilities, acts of war, sabotage or terrorism or military action or any escalation or material worsening of any such protests, civil unrest, riots, public disorder, hostilities, acts of war, sabotage or terrorism or military action, whether commenced before or after the date hereof and whether or not pursuant to the declaration of a national emergency or war; (d) the occurrence of any act of God or other calamity or force majeure event (whether or not declared as such), including any strike, labor dispute, civil disturbance, cyberattack, embargo, natural disaster, fire, flood, hurricane, tornado, or other weather event or any global health conditions (including any epidemic, pandemic or other outbreak of illness) or any action by any Government Authority related to the foregoing; (e) any actions taken by The Commitment Party or expressly required to be taken or omitted to be taken by any TPI Group Entity or TPI Mexico Entity pursuant to this Agreement or any other Transaction Agreement or actions taken or omitted to be taken by any TPI Group Entity or TPI Mexico Entity at the written request or written consent of the Commitment Party; (f) any Changes in applicable Laws or GAAP (or other relevant accounting rules); (g) any Change resulting from the filing or pendency of the Chapter 11 Cases; (h) any Change resulting from the public announcement of the entry into this Agreement, compliance with terms of this Agreement or the consummation of the Transactions; (i) any effects or Changes arising from or related to the breach of this Agreement by the Commitment Party; or (j) the failure, in and of itself of any TPI Group Entity, TPI Mexico Entity, Debtor or the Business to meet any internal or published projections, forecasts, budgets, guidance or predictions in respect of revenues, earnings or other financial or operating metrics; *provided*, *further,* that the exceptions set forth in <u>clauses (a)</u> through <u>(d)</u> of this definition shall not be regarded as exceptions solely to the extent that any such described Change has a disproportionately adverse impact on the Business or the TPI Mexico Entities, as compared to other companies similarly situated in the industries in which the Business or the TPI Mexico Entities operate.

"**Material Contracts**" has the meaning set forth in <u>Section</u> <u>4(o)(i)</u>.

"**Mexico Subsidiary**" has the meaning set forth in the Recitals.

"**MX4 Lease**" shall mean the Master Lease Agreement, dated May 25, 2017, by and between the Mexico Subsidiary and QVC, as amended by Amendment No. 1, dated September 20, 2017 and as supplemented by those certain Lease Schedule No. 1, dated September 29, 2017, Compliance Letter, dated October 31, 2017 and Rent Commencement Certificate, dated July 16, 2018.

"**MX4 Lease Deposit**" means the deposit made by or on behalf of Mexico Subsidiary to QVC in respect of the MX4 Lease.

"**MX4 Lease Guaranty**" has the meaning set forth in <u>Section</u> <u>1(d)(ii)(H)</u>.

"**Nonparty Affiliates**" has the meaning set forth in <u>Section</u> <u>20</u>.

"**Oaktree Consent**" means that certain Omnibus Consent and Collateral Release Agreement, dated as of the Plan Effective Date, from Oaktree Fund Administration, LLC and any applicable affiliates thereof from whom such Consent is required for the Transactions, in form and substance reasonably satisfactory to the Commitment Party.

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"**Order**" means any order, writ, judgment, injunction, temporary restraining order, decree stipulation, determination, or award entered by or with any Government Authority.

"**Other Required Approvals**" means the approvals of the Government Authorities set forth on <u>Schedule A-2</u> of the Disclosure Schedules.

"**Outside Date**" has the meaning set forth in <u>Section</u> <u>11(a)</u>.

"**Party**" or "**Parties**" has the meaning set forth in the Preamble.

"**Payoff Letters**" has the meaning set forth in <u>Section</u> <u>1(d)(ii)(B)</u>.

"**Permits**" means all permits, licenses, approvals, authorizations, clearances, closures, decisions, registrations, concessions, grants, franchises, certificates, exemptions, variances, waivers and filings issued or required by any Government Authority or self-regulatory organizations under applicable Law, in each case, held or owned by any TPI Group Entity or Related to the Business.

"**Person**" means any natural person, general or limited partnership, corporation, company, trust, limited liability company, limited liability partnership, firm, association, Government Authority, organization or other legal entity.

"**Personal Data**" means information that identifies or is reasonably capable of identifying an individual person, including, but not limited to: (a) personally identifiable information (e.g., name, address, telephone number, email address, financial account number, medical or health information, government-issued identifier, and any other data used or reasonably capable of being used to identify, contact or precisely locate an individual person); (b) internet protocol address or other persistent identifier; and (c) any other definition for "personal information," "personal data," or other similar term provided by applicable Law.

"**Plan**" has the meaning set forth in the Recitals.

"**Plan Effective Date**" has the meaning set forth in the Recitals.

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"**Plan Escrow Agent**" means Kroll Restructuring Administration LLC.

"**Plan Term Sheet**" has the meaning set forth in the Recitals.

"**Post-Plan Effective Date Tax Period**" means any taxable period beginning after the Plan Effective Date and the portion of any Straddle Period beginning after the Plan Effective Date.

"**Pre-Plan Effective Date Tax Period**" means any taxable period ending on or before the Plan Effective Date and the portion of any Straddle Period ending on and including the Plan Effective Date.

"**Process**" or "**Processing**" means any operation or set of operations which is performed on Personal Data, whether or not by automated means, such as the receipt, access, acquisition, collection, recording, organization, compilation, structuring, storage, adaptation or alteration, retrieval, consultation, use, disclosure by transfer, transmission, dissemination or otherwise making available, alignment or combination, restriction, disposal, erasure or destruction of such Personal Data or sets of Personal Data.

"**Product**" means any product manufactured, sold, distributed or marketed by a TPI Mexico Entity or any of their respective Subsidiaries, or any of their predecessors, prior to the Plan Effective Date.

"**Purchase Agreement**" means that certain Purchase Agreement, dated as of April 12, 2017, by and between the Commitment Party and TPI Mexico V, as amended.

"**Purchase Price Escrow Account**" means the account established by the Plan Escrow Agent to hold the Purchase Price Escrow Amount pursuant to the terms of the Escrow Agreement.

"**Purchase Price Escrow Amount**" means (a) the Estimated Purchase Price, *plus* (b) Estimated Transaction Costs, *less* (c) the Adjustment Escrow Amount, *less* (d) the Deposit Escrow Amount, *less* (e) the Disputed Lease Amount, if applicable, *plus* (e) an amount of Estimated Debt for borrowed money.

"**QVC**" means QVC II, S. de R.L. de C.V.

"**Related to the Business**" means exclusively related to, exclusively held for use in, or exclusively used in connection with the Business.

"**Release**" means any spilling, leaking, pumping, pouring, emitting, emptying, discharging, injecting, depositing, escaping, leaching, dumping, disposing or migration of any Hazardous Materials, including the abandonment or discarding of barrels, containers and other receptacles containing any Hazardous Materials.

"**Reorganized TPI Mexico V**" has the meaning set forth in the Recitals.

"**Reorganized TPI Mexico VI**" has the meaning set forth in the Recitals.

"**Representative**" of a Person means the directors, officers, employees, advisors, agents, consultants, attorneys, accountants, financial advisors or other representatives of such Person.

"**Required Approvals**" has the meaning set forth in <u>Section</u> <u>8(a)(iii)</u>.

"**Resolution Period**" has the meaning set forth in <u>Section</u> <u>1(e)(iii)</u>.

"**Restricted Cash**" means any cash and cash equivalents (or other items of the type described in the definition of "Cash" without giving effect to the exclusions for Restricted Cash) of the TPI Mexico Entities that (a) are reflected as "restricted cash" on the Financial Statements, (b) are, or immediately

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following the Plan Effective Date will be, not freely usable by the TPI Mexico Entities because they are subject to restrictions or limitations on use or distribution by Law or Contract with respect to existing or contingent liabilities, including amounts required to be maintained in segregated accounts for specific purposes, any security or similar deposits, and any deposits or cash held as collateral, (c) consist of deposits in transit, outstanding checks issued but not yet cleared, and wires issued but not yet cleared, by the TPI Mexico Entities, or (d) are not freely distributable, transferable or upstreamable without the payment of Taxes, duties, penalties, governmental charges, required reserves, currency exchange controls, withholding obligations, minority approvals, creditor consents or similar restrictions, or would result in material costs (including Taxes or foreign exchange losses) in connection with any repatriation, distribution, dividend, upstreaming, intercompany loan repayment or similar transfer; *provided*, *however*, that Restricted Cash shall not include the MX4 Lease Deposit. Without limiting the foregoing, Restricted Cash includes the aggregate amount of all cash security deposits made or held by the TPI Mexico Entities, or by TPI Parent for the benefit of the TPI Mexico Entities, cash collateralizing any obligation, cash in third party escrow accounts, custodial cash and cash subject to a dominion, control or similar agreement, in each case, excluding the MX4 Lease Deposit.

"**Restructuring**" has the meaning set forth in the Recitals.

"**Review Period**" has the meaning set forth in <u>Section</u> <u>1(e)(ii)</u>.

"**Section 338(g) Election**" has the meaning set forth in <u>Section</u> <u>9(c)</u>.

"**Securities Act**" means the U.S. Securities Act of 1933, as amended.

"**Social Security Obligations**" means any and all assumed Liabilities, whether by required by law or this Agreement, applicable to the Mexico Subsidiary under (a) the National Institute for Workers' Dwelling (Instituto del Fondo Nacional de la Vivienda para los Trabajadores); (b) the Institute for the National Fund for the Workers' Consumption (Instituto del Fondo Nacional para el Consumo de los Trabajadores); or (c) the Mexican Institute of Social Security (Instituto Mexicano del Seguro Social).

"**Software**" means all (a) computer programs, including all software implementation of algorithms, models and methodologies, whether in source code, object code, human readable form or other form, (b) descriptions, flow charts and other work products used to design, plan, organize and develop any of the foregoing, screens, user interfaces, report formats, firmware, development tools, templates, menus, buttons and icons, (c) databases and compilations, including any and all Data and collections of Data, whether machine readable or otherwise, (d) documentation including user manuals and other training documentation related to any of the foregoing, in each case, <u>clauses (a)</u> through <u>(d)</u>; and (e) Data, and does not include any commercially available, off-the-shelf software.

"**Straddle Period**" has the meaning set forth in <u>Section</u> <u>9(e)</u>.

"**Subsidiary**" of any specified Person means any other Person of which such first Person owns (either directly or through one or more other Subsidiaries) a majority of the outstanding equity securities or securities carrying a majority of the voting power in the election of the board of directors, the board of managers or other governing body of such Person or for which such Person or any of its Subsidiaries acts as a general partner, managing partner, managing member or in a similar capacity, and with respect to which entity such first Person is not otherwise prohibited contractually or by other legally binding authority from exercising Control.

"**Systems**" means Software, servers, network and telecommunications equipment, and other computer hardware to the extent Related to the Business, used to process, store, maintain, or operate Data, information or functions used in connection with or in operation of the Business.

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"**Tax**" or "**Taxes**" means any tax, including any U.S. and non-U.S. federal, state, county, local and municipal taxes, contributions, assessments, duties or similar charges of any kind whatsoever, including income, alternative or add-on minimum, excise, gross receipts, ad valorem, value-added (including VAT), sales, use, production, employment, unemployment, severance, franchise, profits, registration, license, withholding, lease, service, service use, environmental, recording, documentary, filing, permit or authorization, stamp, business and occupation, gains, property (including real or personal property), transfer, payroll, social security, or other similar taxes, including FICA, housing fund National Institute for Workers' Dwelling (Instituto del Fondo Nacional de la Vivienda para los Trabajadores), retirement savings fund Retirement Savings System (Sistema de Ahorro para el Retiro), workers' consumption Institute for the National Fund for the Workers' Consumption (Instituto del Fondo Nacional para el Consumo de los Trabajadores), and any customs or governmental fees in the nature of a tax, together with any surcharges, interest, penalties, additions to tax or additional amounts imposed by any Taxing Authority with respect thereto or amounts arising due to any failure to comply with any requirement imposed by any Government Authority with respect to any Tax Return, in each case, whether disputed or not.

"**Tax Returns**" means all returns and reports (including elections, declarations, disclaimers, notices, disclosures, schedules, estimates, claims (including claims for refunds), real property transfer returns and information returns), including amendments thereof and attachments thereto, filed or supplied (or required to be filed or supplied) to a Taxing Authority relating to the determination, assessment, collection or administration of Taxes.

"**Taxing Authority**" means any U.S. or non-U.S. federal, state, county or municipal or other local government or subdivision, agency, commission or authority thereof, or any quasi-governmental body exercising tax and/or regulatory authority, imposing Taxes and the agencies, if any, charged with the collection of such Taxes for such jurisdiction.

"**Technology**" means all technology, Software, information, designs, formulas, algorithms, procedures, models, discoveries, processes, techniques, methods, ideas, know-how, technical Data, programs, subroutines, research and development, tools, materials, specifications, processes, inventions (whether patentable or unpatentable and whether or not reduced to practice), apparatus, creations, improvements, works of authorship, and other similar materials, and confidential, proprietary or non-public information, and all recordings, graphs, drawings, reports, analyses and other writings, and other tangible embodiments of the foregoing in any form whether or not listed herein, and all related technology, that are used in, incorporated in, embodied in, displayed by or relate to, or are used in connection with the foregoing.

"**Third Party Consents**" has the meaning set forth in <u>Section</u> <u>6(i)</u>.

"**TPI's Bankers**" has the meaning set forth in <u>Section</u> <u>4(j)</u>.

"**TPI Group Entity**" or "**TPI Group Entities**" has the meaning set forth in the Preamble.

"**TPI Mexico Entities**" means, collectively, TPI Mexico V, TPI Mexico VI and the Mexico Subsidiary and each, a "**TPI Mexico Entity**".

"**TPI Mexico V**" has the meaning set forth in the Preamble.

"**TPI Mexico V Direct Investment**" has the meaning set forth in the Recitals.

"**TPI Mexico V Direct Investment Interests**" has the meaning set forth in the Recitals.

"**TPI Mexico V Equity Commitment**" has the meaning set forth in <u>Section</u> <u>1(a)(i)</u>.

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"**TPI Mexico VI**" has the meaning set forth in the Preamble.

"**TPI Mexico VI Direct Investment**" has the meaning set forth in the Recitals.

"**TPI Mexico VI Direct Investment Interests**" has the meaning set forth in the Recitals.

"**TPI Mexico VI Equity Commitment**" has the meaning set forth in <u>Section</u> <u>1(a)(ii)</u>.

"**TPI Parent**" has the meaning set forth in the Preamble.

"**TPI Parent Customs Deposits and Bonds**" means the customs deposits and bonds paid by TPI Parent set forth on <u>Schedule A-1</u> of the Disclosure Schedules.

"**TPI Parent Guarantees**" means, collectively, all letters of credit, guarantees, surety bonds, performance bonds and other financial assurance obligations issued or entered into by or on behalf of (or for the account of) TPI Parent or any of its Affiliates (other than exclusively to the TPI Mexico Entities) Related to the Business.

"**TPI Parent Leasehold Security Deposits**" means the Leasehold Security Deposits paid by TPI Parent as set forth in <u>Section</u> <u>4(s)(v)</u> of the Disclosure Schedules.

"**TPI Transaction Agreements**" means this Agreement, the TSA, and each other Transaction Agreement to which any TPI Group Entity is a party thereto.

"**TPI Transactions**" means the transactions contemplated by TPI Transaction Agreements.

"**Trade Secrets**" means all trade secrets, as defined in the Uniform Trade Secrets Act published by the Uniform Law Commission, as amended.

"**Trademarks**" means any and all trademarks, service marks, trade names, corporate names, trade dress and logos, including all applications, registrations, extensions and renewals of the foregoing and all goodwill associated with the foregoing.

"**Transaction Agreements**" means this Agreement, the other TPI Transaction Agreements, the other Commitment Party Transaction Agreements and any other contracts, agreements, instruments or documents required to be delivered at the Plan Effective Date, in each case, including all exhibits and schedules thereto and all amendments thereto made in accordance with the respective terms thereof.

"**Transaction Costs**" means, to the extent not paid by the Mexico Subsidiary or its Affiliates prior to Plan Effective Date, without duplication, if any, all fees and expenses of the Mexico Subsidiary that have been incurred in connection with TPI Transactions, the Transaction Agreements or any of the transactions contemplated by the Transaction Agreements, with respect to any brokerage commissions, finders' fees, financial advisory fees, fees for counsel, accountants and other advisors, (a) the amount of any retention bonus, change of control payment, commission, stay bonus, transaction bonus, discretionary bonus, incentive bonus or compensation, deferred compensation payment or other similar payment or obligation of any kind payable by the Mexico Subsidiary that becomes payable, if any, to any service provider of the Mexico Subsidiary that is accelerated by or payable in connection with or as a result of the execution of this Agreement and/or the consummation of the transactions contemplated hereby, and (b) the employer's share of Taxes attributable to the payment of the amounts referred to in the preceding <u>clause (a)</u> above; *provided*, that Transaction Costs shall not include (i) any amounts included in Debt, (ii) Transfer Taxes, (iii) severance payment obligations of the Commitment Party pursuant to <u>Section</u> <u>7(d)</u> in respect of any Covered Employee or (iv) any Liabilities solely between and among the TPI Mexico Entities.

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"**Transaction Dispute**" has the meaning set forth in <u>Section</u> <u>17(a)</u>.

"**Transactions**" means the transactions contemplated by this Agreement and the other Transaction Agreements.

"**Transfer Taxes**" means all sales, use, purchase, excise, gross receipts, ad valorem, direct or indirect real property, transfer, intangible, stamp, business and occupation, value added (including VAT), goods and service tax, customs and import duties, recording, documentary, filing, permit or authorization, leasing, license, lease, service, service use, severance, franchise, profits, gains, property registration, and similar non-income Taxes imposed or arising with respect to the Transactions or any component thereof (excluding, in each case, the Restructuring), together with any interest and any penalties, additions to Tax or additional amounts imposed by any Government Authority with respect thereto.

"**TSA**" means the Transition Services Agreement and schedules thereto to be in form and substance: (i) consistent with the services term sheet attached hereto as <u>Exhibit D</u>, and (ii) otherwise reasonably acceptable to TPI Parent, Commitment Party and the TPI Group Entities.

"**U.S.**" means the United States of America.

"**Union**" means any labor union or other employee representative body.

"**Unrelated Mexico Entity**" has the meaning set forth in the Preamble.

"**Unrelated Mexico Entity Assignment**" has the meaning set forth in the Preamble.

"**VAT**" means value added tax and any similar sales or turnover tax of any jurisdiction.

"**Wind-Up Date**" means the date upon which WindDown Co's corporate existence ceases to exist.

"**WindDown Co**" means TPI Parent, any other Debtor (other than the TPI Group Entities) or a liquidating or other trust, legal entity or Person, or successor to any Debtor in any case, designated by the TPI Group Entities to oversee the administration of the Plan after the Plan Effective Date in accordance with the Plan.

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**<u>EXHIBIT B</u>**

**Plan Term Sheet** 

See the attached.

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**<u>EXHIBIT C</u>**

**IP License Agreement** 

See the attached.

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**<u>EXHIBIT D</u>**

**Term Sheet for the Transition Services Agreement** 

See the attached.