Document:

EX-10.1

 Exhibit 10.1 

Execution Version 

TRANSITION SERVICES AGREEMENT 

THIS TRANSITION SERVICES AGREEMENT (this “Agreement”) is entered into as of this 31st day of December, 2018, by and
between Armstrong Flooring, Inc., a Delaware corporation (“Seller”), and Tarzan Holdco, Inc., a Delaware corporation (“Buyer”). 

WHEREAS, Arizona and Buyer have entered into that certain Stock Purchase Agreement, dated as of November 14, 2018 (the “Purchase
Agreement”), pursuant to which Buyer has agreed to purchase and acquire from Seller, and Seller has agreed to sell and transfer to Buyer, all of Seller’s right, title and interest in and to Armstrong Wood Products, Inc., a Delaware
corporation (the “Company”), Armstrong Hardwood Flooring Company, a Tennessee corporation, and HomerWood Hardwood Flooring Company, a Delaware corporation (collectively, the “Company Subsidiaries”), by way of a
purchase by Buyer of all of the issued and outstanding shares of common stock of the Company, all upon the terms and subject to the conditions set forth in the Purchase Agreement; and 

WHEREAS, in connection with the consummation of the transactions contemplated by the Purchase Agreement, Buyer and Seller have agreed to enter
into this Agreement at the Closing, all upon the terms and subject to the conditions set forth herein. 
 NOW, THEREFORE, in consideration
of the mutual covenants and agreements contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows: 

SECTION 1 
 DEFINITIONS

 1.1    Definitions. For the purposes of this Agreement, the following terms shall have the meanings set
forth below: 
 “Additional Service” shall have the meaning set forth in Section 2.1(b). 

“Affiliate” means any partnership, joint venture, corporation or other entity that, as to a Party or other Person, as
applicable, Controls, is Controlled by or is under the common Control with such Party or other Person, as applicable. 

“Agreement” shall mean this Agreement, including the schedules attached hereto, as the same may be amended by the Parties
from time to time. 
 “Bundled Service” means those Services identified on Schedule A as being part of a bundled
package of Services. 
 “Control” means, with respect to any entity, the possession, directly or indirectly, of the power
to direct or cause the direction of the management and policies of such entity, whether through the ownership of voting securities (or other ownership interest), by contract or otherwise. 

 “Dispute” has the meaning set forth in
Section 2.6. 
 “Force Majeure” shall have the meaning set forth in
Section 7.2. 
 “Losses and Expenses” shall have the meaning set forth in
Section 6.3(a). 
 “Overdue Statement” shall have the meaning set forth in
Section 3.2. 
 “Parties” shall mean Buyer and Seller. 

“Payment Default” shall have the meaning set forth in Section 3.2. 

“Person” means an individual, corporation, limited or general partnership, limited liability partnership, limited liability
company, joint venture, association, joint stock company, trust, unincorporated organization, other entity or group (as defined in Section 13(d) of the Exchange Act), or the foreign equivalent of any of the foregoing. 

“Required Licenses” shall have the meaning set forth in Section 3.4. 

“Service” or “Services” shall mean only those services provided by Seller or its Subsidiaries pursuant to
and in accordance with Section 2.1. 
 “Service Fee” shall have the meaning set forth in
Section 3.1. 
 “Service Manager” shall have the meaning set forth in
Section 2.5. 
 “Service Period” shall have the meaning set forth in
Section 4.1. 
 “Subsidiary” means any Person in which Seller, directly or indirectly through
Subsidiaries or otherwise, beneficially owns more than fifty percent (50%) of either the equity interests in, or otherwise Controls, such Person. 

“Tax Authorities” shall have the meaning set forth in Section 3.3. 

All other capitalized terms used and not otherwise defined herein will have the respective meanings ascribed to such terms in the Purchase
Agreement. 
 SECTION 2 

PROVISION OF SERVICES 

2.1    Provision of Services. 

(a)    Subject to and in accordance with this Section 2.1, Seller shall, or shall cause its
Subsidiaries to, provide to the Company and the Company Subsidiaries those services set forth on Schedule A and such other Services as may from time to time be agreed between the Parties in writing and added to Schedule
A as set forth in Section 2.1(b) below. All of the Services shall be provided in accordance with the terms, limitations and conditions set forth herein and on Schedule A. 

  
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 (b)    During the Term, Buyer may request any internal or external
resources, services or systems (any such resource, service or system, an “Additional Service”) previously provided to the Business by the Seller or its Affiliates that is reasonably necessary for the ongoing operation of the
Business in substantially the same manner that it was conducted by Seller and/or its Affiliates prior to the Closing. Seller will use commercially reasonable efforts to provide or cause to be provided all Additional Services to the Company or
Company Subsidiaries, and Buyer and Seller will negotiate in good faith to determine mutually agreeable terms on which such Additional Services would be provided to Buyer, taking into account the scope of services, duration, methodology used to
establish pricing and other terms for the Services hereunder. Schedule A may be amended at any time by mutually agreed upon amendment of this Agreement to add Additional Services. For purposes of this Agreement, “Additional
Services” shall be considered “Services”. 
 (c)    Unless otherwise agreed by the Parties, the Services
shall be performed by Seller or its Subsidiaries for the Company and the Company Subsidiaries in a manner that is substantially the same as the manner and level of support in which such Services are generally performed by Seller and its Subsidiaries
for the Company and the Company Subsidiaries as of immediately prior to the Closing, and the Company and the Company Subsidiaries shall use such Services for substantially the same purposes and in substantially the same manner as the Company and the
Company Subsidiaries are using such Services since as of immediately prior to the Closing unless otherwise mutually agreed by the Parties. The Parties do not intend this Agreement to change, in any material respect, the type, quantity, quality,
timeliness or manner of performance of any Services from those provided prior to the Closing. 
 (d)    The Parties
agree that, other than the incurrence of costs to provide Services that will be reimbursed by Buyer, the Company and the Company Subsidiaries as part of the fees payable hereunder, neither Seller nor its Subsidiaries shall be required to use their
respective funds or to otherwise pay for any goods or services purchased or required by any of the Company and the Company Subsidiaries from third parties or for any other payment obligation of any of the Company and the Company Subsidiaries. For
the avoidance of doubt, the Parties acknowledge and agree that if and to the extent Seller elects to retain a third party to provide a Service to the Company or any of the Company Subsidiaries that was previously provided by Seller or its
Subsidiaries, Seller shall bear and be solely responsible for any incremental costs and expenses of such third party in providing such Service to the Company or the Company Subsidiaries (it being understood that the agreed upon fees for the relevant
Services shall still be payable by Buyer). 
 (e)    Buyer understands that certain Services are provided as of the date
hereof and may be provided to it by Seller or its Subsidiaries in accordance with this Section 2.1(e) pursuant to agreements between Seller or its Subsidiaries and various third parties. To the extent not prohibited by such
third party, Seller will coordinate the provision of Services by the third party to Buyer (including, where necessary, obtaining the consent of such third party, at Buyer’s sole cost and expense and in consultation with Buyer) and Buyer will
reasonably cooperate with any third party providing Services on behalf of Seller in order to facilitate the provision and receipt of such Services. 

  
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 2.2    Use of Services. Seller shall be required to provide the
Services only to the Company and the Company Subsidiaries in connection with the conduct by the Company and the Company Subsidiaries of their respective businesses in the ordinary course. Neither the Company nor any of the Company Subsidiaries may
resell any of the Services to any Person whatsoever or permit the use of the Services by any Person other than in connection with the conduct of the business of the Company and the Company Subsidiaries in the ordinary course. 

2.3    Disclaimer of Warranty. BUYER ACKNOWLEDGES THAT SELLER IS PROVIDING THE SERVICES AS AN ACCOMMODATION TO
BUYER’S TRANSITION FOLLOWING THE CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED BY THE PURCHASE AGREEMENT. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, SELLER DISCLAIMS ALL REPRESENTATIONS, WARRANTIES AND GUARANTEES WITH RESPECT TO THE
SERVICES, WHETHER EXPRESS OR IMPLIED, INCLUDING ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. NOTHING IN THIS AGREEMENT SHALL BE CONSTRUED AS AN UNDERTAKING BY SELLER TO ENSURE OR INCREASE THE COMPANY’S OR COMPANY
SUBSIDIARIES’ SALES OR PROFITS OR OTHERWISE TO GUARANTEE THE BUSINESS SUCCESS OF THE COMPANY OR ANY COMPANY SUBSIDIARY OR AN ASSUMPTION BY SELLER OF ANY FINANCIAL OBLIGATIONS OF THE COMPANY AND THE COMPANY SUBSIDIARIES. 

2.4    Personnel. 

(a)    Subject to the limitations set forth herein, Seller shall furnish all Seller personnel reasonably necessary to
provide the Services; provided, however, that Seller may, subject to the prior written consent of Buyer (which shall not be unreasonably withheld, conditioned or delayed), engage one or more third-party service providers or consultants
to provide the Services. Seller may, upon prior written consent of Buyer (which shall not be unreasonably withheld, conditioned or delayed), remove and replace any such personnel at any time, and such personnel of Seller will be under the direction,
control and supervision of Seller. Nothing in this Agreement is intended to transfer the employment of employees engaged in the provision of any Service from one Party to another. 

(b)    The personnel dedicated to the provision of Services are set forth on Schedule B (the “TSA
Employees”). At the end of each Service Period, Buyer may, but shall not be required to, cause the Company or any applicable Company Subsidiary to offer employment to the TSA Employees who have rendered the Services during the applicable
Service Period; provided, however, that in the event that Buyer or the Company or Company Subsidiary fails to extend an offer of employment to a TSA Employee consistent with the provisions of Section 6.6 of the Purchase
Agreement, or (solely with respect to a Canadian employee) if the offer triggers severance for the TSA Employee, Buyer, the Company and the applicable Company Subsidiary shall promptly, but in no event later than thirty (30) days, reimburse
Seller for any such severance and other termination obligations paid or provided to such TSA Employee with respect to severance that is triggered or occurs during the period within thirty (30) days after the termination, in accordance with
Schedule A, of the Services under this Agreement that such employee renders. 

  
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 2.5    Service Managers. Seller and Buyer will each designate a
service manager (with respect to a Party, such Party’s “Service Manager”), who will be directly responsible for coordinating and managing the delivery or receipt of the Services and who will have the authority to act on such
Party’s behalf with respect to matters relating to this Agreement. The Service Managers will also discuss progress in the transition of the Services hereunder and may establish a mutually acceptable set of procedures, including frequency of
meetings and reporting, and other mutually acceptable, reasonable structures for their cooperation and the cooperation of the Parties in the execution of their obligations pursuant to this Agreement. Unless otherwise agreed to by the Parties, all
communications relating to this Agreement and the Services shall be directed to the Service Managers. With respect to matters relating to the Services or under this Agreement requiring dispute resolution, the Parties and their respective Service
Managers will follow the dispute resolution process outlined in Section 2.6. The Parties’ initial Service Managers will be Jennifer Zimmerman for the Buyer, and John Bassett, for the Seller. Seller and Buyer may, in
their sole discretion, replace their respective Service Manager from time to time with a substitute manager upon written notice to the other Party. 

2.6    Dispute Resolution. The Parties agree that any dispute arising out of or relating to this Agreement (a
“Dispute”) shall be first submitted for resolution to the Service Managers. If the Service Managers fail to resolve a Dispute within a reasonable time following its submission to the Service Managers, but in no event more than ten
(10) Business Days, then, at the request of either Party, such Dispute shall be submitted to a senior officer of each of the Parties, and such senior officers shall attempt in good faith to resolve the Dispute. If such senior officers cannot
resolve the Dispute in such manner within a reasonable time, but in no event more than twenty (20) Business Days, then either Party may pursue litigation or other available means of resolving the Dispute. The Parties agree to follow the
procedures set forth in this Section 2.6. prior to initiation of any legal proceedings with respect to any Dispute. The Parties agree that all discussions, negotiations and other information exchanged between the Parties
during the foregoing escalation proceedings shall be without prejudice to the legal position of a Party in any subsequent litigation or arbitration proceeding. During the pendency of any Dispute, each Party shall, unless directed otherwise by the
other Party, continue to perform its respective obligations under this Agreement while such Dispute is being resolved; provided that this Section 2.6 shall not operate or be construed as extending the Term or
prohibiting or delaying a Party’s exercise of any right it may have hereunder to terminate this Agreement or suspend performance as to all or any part of the Services in accordance with the terms of this Agreement. 

SECTION 3 
 PAYMENT;
WARRANTY; TAXES 
 3.1    Fee and Payment. The fees and other charges payable by Buyer in
consideration for the Services hereunder are set forth on Schedule A (each, a “Service Fee”). In addition to, but without duplication of, the Service Fees set forth on Schedule A hereto, Buyer shall (a) pay Seller an
administration fee in the amount of three million dollars ($3,000,000), payable in twelve (12) equal monthly installments of two hundred fifty thousand dollars ($250,000), payable on the first Business Day of each month commencing in January 2019
through and including December 2019, and (b) reimburse Seller for all out-of-pocket costs and expenses incurred by Seller in connection with providing the Services hereunder (which, for the avoidance of doubt, shall exclude overhead and payroll
expenses). Seller shall invoice Buyer on a monthly 

  
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basis in arrears in accordance with Schedule A for all Services it provided during such month and Buyer shall make payment to Seller within thirty (30) days of receipt of such
invoice. Such invoices shall generally identify the Services provided, by area, during the applicable month and specify the Service fee applicable to each such Service area so identified. During the ten (10) Business Day period following
Buyer’s receipt of the applicable invoice for the Services, Buyer shall be entitled to review such invoice and discuss with Seller any questions or issues it has with respect to such invoice, and if the Buyer has a bona fide disagreement with
any charge thereunder, then Buyer shall send written notice to the Seller specifying in reasonable detail the reason for such disagreement and Buyer and Seller will negotiate in good faith to promptly resolve any such disagreement in accordance with
Section 2.6. The Service Fees payable for the Services set forth on Schedule A are based on certain assumptions acknowledged and agreed to by the Parties regarding the underlying costs of providing the Services,
including the current and anticipated costs attributable to the provision of any such Services. If events occur that cause a material change in the underlying costs of providing the Services (either increasing or decreasing such costs), then Seller
and Buyer hereby agree to re-negotiate in good faith the pricing provisions of Schedule A in order to adjust the Service Fees that Buyer will be required to pay going forward for the continued provision
of the Services. 
 3.2    Payment Default. A payment default (each a “Payment Default”) shall
be deemed to occur if the applicable statement (for purposes of this Section 3.2, the “Overdue Statement”) is not paid in full, in cash (including any disputed amounts as further described below) by 11:59
p.m. Eastern Time on the 30th day after delivery of the invoice described in Section 3.1. Upon a Payment Default, Buyer shall be responsible for late charges for each
month (or pro rated for any portion thereof in which the Overdue Statement is paid) the Overdue Statement is overdue, calculated as (A) the lesser of (i) 10% or (ii) the maximum rate allowed by applicable law (the “Late
Payment Interest Rate”), multiplied by (B) the amount due in the Overdue Statement. Notwithstanding anything to the contrary set forth in this Agreement, Buyer shall not be entitled to withhold or setoff any amount of any fee or other
amount payable hereunder as a disputed amount or for any other reason. Notwithstanding the foregoing, if any bona fide disagreement with respect to any invoiced charge is ultimately resolved as a refund to the Buyer, such refund shall bear interest
from the date the disputed charge was paid to Seller at a rate per annum equal to the Late Payment Interest Rate 

3.3    Taxes. In addition to the fee required to be paid by Buyer to Seller for the Services provided hereunder,
Buyer shall pay all sales or use taxes properly assessed with respect to the receipt or use of the Services. The applicable sales and use taxes shall be indicated by the Seller separately on all of the Seller’s invoices. Buyer shall remit to
the appropriate tax authorities (the “Tax Authorities”) any taxes required to be withheld by law from any fees payable to Seller hereunder. Buyer shall submit to Seller evidence of payment of any such withholding tax to the Tax
Authorities. In the event that Seller receives any credit, deduction or refund of such withholding tax from the Tax Authorities, it shall (a) promptly provide a copy of the certificate from the Tax Authorities showing the receipt of such
credit, deduction or refund and (b) provide Buyer a credit for such amount against future monthly fees payable by Buyer to Seller. The Parties shall cooperate with each other to minimize any applicable sales and use taxes and each shall provide
the other with any reasonable certificates or documents which are useful for such purpose. 

  
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 3.4    Certain Software License Fees. Upon Buyer’s request,
Seller will use commercially reasonable efforts to obtain all software licenses required hereunder for Seller’s and its Subsidiaries’ performance of the Services, including, without limitation, with respect to the networks and systems in
the Business’ data center and disaster recovery center and continued support of the Business during the term of this Agreement or of any Service hereunder (“Required Licenses”). Notwithstanding anything to the contrary in this
Agreement and the Purchase Agreement and without regard to any limitation of liability, Buyer shall pay all transfer, re-licensing, consent or termination fees or expenses associated with obtaining all
Required Licenses; provided, however, that Seller shall consult with Buyer before seeking any Required License including with respect to the cost of such Required License and shall obtain such Required License only with Buyer’s
consent. 
 SECTION 4 

TERM; TERMINATION 

4.1    Term. This Agreement shall commence on the date hereof and shall terminate upon completion of the Services
hereunder or the earlier termination of this Agreement in accordance with its terms (such period, the “Term”). Schedule A hereto sets forth the term or estimated completion date, as applicable, for each of the Services to be
provided hereunder (each, a “Service Period”) and any extension of the term or estimated completion date, as applicable, that Buyer may elect with respect to certain Services. Seller shall not have any obligation to provide any
Service after the “maximum duration” period set forth on Schedule A, but, subject to the terms and limitation set forth on Schedule A, including any “escalator” costs contemplated, will consider in good faith any
reasonable request by Buyer to extend the term of any Service that Buyer has, after using commercially reasonable efforts, been unable to replace on or before the end of the term or expected completion date (included any extension thereof set forth
on Schedule A) of such Service. 
 4.2    Termination. 

(a)    Seller may terminate this Agreement or suspend performance of its obligations hereunder upon written notice to Buyer
if Buyer fails to pay any invoice sent to Buyer pursuant to Section 3.1 within thirty (30) days of its receipt of such invoice, and Buyer thereafter fails to make such payment within thirty (30) days after Buyer
receives a written request from Seller that such payment be made. 
 (b)    Buyer may terminate this Agreement in its
entirety, or any specific Service, for convenience upon written notice to Seller, provided that (i) such notice is provided to Seller at least thirty (30) days, or such other period as may be set forth on Schedule A, prior to
the effective date of termination and in no event shall any Service be terminated before the expiration of the applicable minimum Service period set forth on Schedule A, and (ii) if Buyer elects to terminate any Service that is
identified in Schedule A as a Bundled Service, Buyer terminates at the same time all of such dependent Services or Services that are part of such Bundled Service. In the event that, after good faith negotiations, the Parties mutually agree
that Buyer may terminate some, but not all, of the Services within a bundle as set forth on Schedule A, then upon such termination, any adjustment in Service Fees for such bundle shall be as 

  
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mutually agreed in writing by the Parties to account for the costs of performance of Services avoided by Seller as a result of such partial termination. 

(c)    Either Party may terminate this Agreement upon written notice having immediate effect if the other Party materially
breaches or materially defaults on any provision of this Agreement and, if curable, fails to cure such breach or default within thirty (30) days after receipt of a written notice from the non-breaching
Party specifying in reasonable detail the alleged material breach or default and requesting such breach or default be cured. 

(d)    Either Party may terminate this Agreement upon written notice having immediate effect in the event that the other
Party (i) files for bankruptcy, (ii) becomes or is declared insolvent or is the subject of any proceedings (that is not dismissed within sixty (60) days) related to its liquidation, insolvency or the appointment of a receiver or
similar officer, (iii) makes an assignment for the benefit of all or substantially all of its creditors, (iv) takes any corporate action for its winding-up, dissolution or administration or
(v) enters into an agreement for the extension or readjustment of substantially all of its obligations or if it suffers any foreign equivalent to any of the foregoing. 

(e)    This Agreement may be terminated by the mutual written agreement of the Parties. 

(f)    This Agreement itself shall automatically terminate upon the expiration of the Term or the termination of the last
Service to be provided hereunder. 
 (g)    If there is any default by Seller hereunder, Buyer may terminate this
Agreement and recover any fees paid in advance for any Services not performed. 
 4.3    Effect of Termination.
Sections 3.3, 4.3, 5.2, Section 6 and Section 7 shall survive any termination of this Agreement. In addition, to the extent not paid in full prior to the termination of this
Agreement, the Administrative Fee and any unreimbursed fees and expenses shall become due and payable in full upon any termination of this Agreement other than a termination by Buyer pursuant to Section 4.2(c), in which
case the Administration Fee or any portion thereof shall no longer be due or payable, and provided that only the installment of the Administrative Fee that is due and unpaid as of the date of such termination, together with any unreimbursed fees and
expenses, shall be payable upon a termination by Buyer pursuant to Section 7.2, and any remaining installments of the Administration Fee shall no longer be due or payable. 

SECTION 5 
 CERTAIN OTHER
COVENANTS 
 5.1    Access. Buyer shall, and shall cause the Company and the Company Subsidiaries to,
make available on a timely basis to Seller, its Subsidiaries and any third parties pursuant to Section 2.1(e) all information reasonably requested by Seller to enable it to provide the Services. Buyer shall, and shall cause the Company and
each Company Subsidiary to, give Seller, its Subsidiaries and any third parties pursuant to Section 2.1(e), at no cost to Seller, reasonable access, during regular business hours and at such other times as are reasonably required, to the
premises of the Company and the Company Subsidiaries for the purposes of providing the 

  
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Services. As reasonably requested by Buyer, Seller shall use commercially reasonable efforts to assist the Company or any Company Subsidiary in transitioning off of any applicable Services by
answering basic questions. 
 5.2    Title to Data. Buyer acknowledges that neither Buyer, the Company nor any
Company Subsidiary will acquire any right, title or interest (including any license rights or rights of use) in any firmware or software, and any licenses therefor which are owned by Seller or its Subsidiaries, by reason of Seller’s provision
of the Services under this Agreement. Seller may retain a copy of any or all data of the Company and the Company Subsidiaries relating to this Agreement following the termination of this Agreement for archival purposes and to be used to fulfill any
of Seller’s legal obligations. If Buyer or any of its Affiliates (including the Company and the Company Subsidiaries after the Closing Date) is given or gains access, including unintentional or accidental access, to Seller’s or any of its
Affiliates’ computer or electronic systems or data storage, in connection with Seller’s rendering of the Services, Buyer shall limit such access and use solely to the use of the Services and will not attempt to access such computer system,
electronic files, software or other electronic services other than as allowed and necessary for the use of the Services. Buyer shall (i) limit such access to the employees of Buyer with an express requirement to have such access in connection
with this Agreement, and (ii) follow all reasonable security rules and procedures of Seller for use of Seller’s electronic resources (provided that Seller has informed Buyer of such rules and procedures and all changes thereto). All use of
identification numbers and passwords disclosed, unintentional or otherwise, to Buyer or its Affiliates (including the Company and the Company Subsidiaries after the Closing Date) and any information obtained by Buyer or its Affiliates (including the
Company and the Company Subsidiaries after the Closing Date), regardless of the means, as a result of Buyer access to, and use of, Seller’s computer and electronic storage systems shall not be disclosed or used by Buyer, the Company or the
Company Subsidiaries except in connection with the Services provided hereunder. 
 5.3    Compliance with Laws.
Each of Buyer and Seller shall comply in all material respects with any and all applicable laws in respect of the conduct of its obligations under this Agreement. 

5.4    Software and Software Licenses. If and to the extent requested by Buyer, Seller shall use commercially
reasonable efforts to assist Buyer in its efforts to obtain licenses (or other appropriate rights) to use, duplicate and distribute, as necessary, certain computer software necessary for Seller or its Subsidiaries to provide, or the Company or the
Company Subsidiaries to receive, Services; provided, however, that, Seller shall not be required to pay any fees or other payments, incur any obligations (including obligations to make any payments or expend any funds), assume any liability, or
offer or grant any accommodation or concession (financial or otherwise) to enable Buyer to obtain any such license or rights; provided further that Seller shall not be required to seek broader rights or more favorable terms for Buyer than those
applicable to Seller, the Company or the Company Subsidiaries, as the case may be, prior to the date hereof or as may be applicable to Buyer from time to time hereafter. The Parties acknowledge and agree that there can be no assurance that
Seller’s efforts will be successful or that Seller will be able to obtain such licenses in a timely manner, or rights on acceptable terms or at all and, where Seller enjoys rights under any enterprise, site or similar license grant, the Parties
acknowledge that such 

  
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license typically precludes partial transfers or assignments or operation of a service bureau on behalf of unaffiliated entities. 

5.5    Records and Audits. In a manner consistent with Seller’s record retention policy and applicable Law,
Seller shall, and shall cause its subsidiaries to, maintain detailed books and records of the Services provided hereunder and reasonable supporting documentation of the costs on which the fees charged to Buyer hereunder have been based. Buyer shall
have the right, at its sole cost and expense (subject to the last sentence of this Section 5.5), to have the applicable books and records of Seller (i) reviewed by Buyer from time to time during the Term, and/or
(ii) audited by a nationally recognized independent certified public accountant, mutually selected by the Parties, under appropriate confidentiality provisions, for the purpose of verifying the accuracy of all fees and out-of-pocket cost calculations under this Agreement; provided, that any such audit shall be conducted no more than twice and shall be conducted, in each case, upon at least
thirty (30) days’ advance notice; provided, further, that no review or audit shall be conducted outside of normal business hours or in a manner that interferes unreasonably with Seller’s business. The results of any such audit shall
be binding on the Parties absent manifest error, and shall be delivered in writing to each Party. Any underpayment or overbilling determined by such audit shall promptly be paid by Buyer or refunded by Seller, as applicable, plus interest at a rate
of simple interest per annum equal to the Late Payment Interest Rate, from the date of any such underpayment or overbilling. Notwithstanding the foregoing, in the event that Buyer elects to exercise its right to conduct an audit pursuant to this
Section 5.5 prior to the end of the Term, Buyer shall be required to reimburse Seller for all reasonable and direct costs and expenses incurred by Seller in connection with any such audit unless it is determined that there
was an overbilling in an amount equal to or greater than one hundred fifty thousand dollars ($150,000) in the aggregate by Seller, in which case Seller shall be required to reimburse Buyer for all reasonable and direct costs and expenses associated
with such audit. 
 SECTION 6 

LIABILITIES 

6.1    Consequential and Other Damages. Seller shall be not liable to Buyer, whether in contract, tort (including
negligence and strict liability), or otherwise, for any special, indirect, incidental or consequential damages (other than to the extent reasonably foreseeable) whatsoever (including, to the extent such damages may be limited by contract under
applicable law, punitive damages), which in any way arise out of, relate to, or are a consequence of, its performance or nonperformance hereunder, or the provision of or failure to provide any Service hereunder, including but not limited to loss of
profits (provided, however, that any such damages paid with respect to a claim made by a third party shall be considered direct damages). 

6.2    Limitation of Liability. NOTWITHSTANDING THE FORUM IN WHICH ANY CLAIM OR ACTION MAY BE BROUGHT OR ASSERTED
OR THE NATURE OF ANY SUCH CLAIM OR ACTION, IN NO EVENT SHALL SELLER BE LIABLE IN RESPECT OF ANY SERVICES RENDERED HEREUNDER BY ANY DIRECTOR, OFFICER, EMPLOYEE OR AGENT OF SELLER OR ITS AFFILIATES, EXCEPT TO THE EXTENT SUCH LIABILITY ARISES FROM THE
GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF ANY SUCH PERSON OR IF SUCH CLAIM OR ACTION ARISES UNDER SECTION 6.3(b), AND IN NO EVENT SHALL ANY DIRECTOR, OFFICER, EMPLOYEE OR AGENT OF 

  
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SELLER OR ITS AFFILIATES HAVE ANY PERSONAL LIABILITY TO BUYER IN RESPECT OF ANY SERVICES RENDERED HEREUNDER. NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, THE AGGREGATE LIABILITY OF SELLER TO
BUYER IN RESPECT OF THE SERVICES PROVIDED HEREUNDER, OR OTHERWISE IN CONNECTION WITH THIS AGREEMENT, SHALL BE LIMITED TO (A) REIMBURSEMENT OF THE FEES PAID BY BUYER IN RESPECT OF THE SERVICES THAT CAUSE BUYER TO SUFFER LOSSES AND EXPENSES
SUBJECT TO INDEMNIFICATION HEREUNDER, PLUS (B) AN AGGREGATE AMOUNT NOT TO EXCEED $2,000,000. The Parties agree that this provision limiting remedies and liquidating damages is reasonable under the circumstances and Buyer acknowledges that
Seller and its Affiliates (including each such entity’s respective directors, officers, employees and agents) shall have no other financial liability to Buyer, the Company or the Company Subsidiaries whatsoever. 

6.3    Indemnification. Subject to the limitations set forth in this Agreement (including, for the avoidance of any
doubt, Section 6.1 and Section 6.2): 
 (a)    Buyer shall
indemnify, defend and hold harmless Seller, its Subsidiaries and their respective officers, directors, employees or agents from and against any and all liabilities, claims, damages, losses and expenses (including, but not limited to, court costs and
reasonable attorneys’ fees) of any kind or nature (“Losses and Expenses”), related to, arising out of or in connection with any third-party claim relating to (i) Buyer’s failure to comply with its obligations
hereunder or (ii) an allegation that any activity of Buyer, the Company or the Company Subsidiaries has resulted in the infringement of (or that any resource or process owned or used by Buyer, the Company or the Company Subsidiaries infringes)
or violation of any contractual or other right, including the patent, copyright, trademark, trade secret, moral rights, or any other intellectual property rights of any third party; provided, however, Seller shall not be indemnified
for any Losses and Expenses to the extent those Losses and Expenses resulted from the fraud, bad faith or willful misconduct of Seller or its Subsidiaries. 

(b)    Seller shall indemnify, defend and hold harmless Buyer, the Company, the Company Subsidiaries and their respective
officers, directors, employees or agents from and against any and all Losses and Expenses related to, arising out of or in connection with any third-party claim relating to Seller’s failure to fulfill its obligations hereunder; and
provided, further, Buyer shall not be indemnified for any Losses and Expenses to the extent those Losses and Expenses resulted from the fraud, bad faith or willful misconduct of Buyer, the Company or any Company Subsidiary. 

SECTION 7 
 MISCELLANEOUS

 7.1    Notices. All notices hereunder shall be in writing and shall be deemed to have been given if given
in accordance with Section 10.1 of the Purchase Agreement. 
 7.2    Force Majeure. No
Party hereto (or any Person acting on its behalf) shall have any liability or responsibility for failure to fulfill any obligation (other than a payment obligation) under this Agreement so long as and to the extent that performance of its
obligations or attempts 

  
 11 

 
to cure any breach are made impossible or impracticable due to any act of God, fire, natural disaster, act of terror, act of government, shortage of materials or supplies after the date hereof or
any other cause beyond the reasonable control of such Party (a “Force Majeure”); provided, however, that (i) such Party (or such Person) shall have informed the other Party and shall have exercised commercially
reasonable efforts to minimize the effect of Force Majeure on its obligations; and (ii) the nature, quality and standard of care that such Party (or such Person) shall provide in delivering a Service after a Force Majeure shall be substantially
the same as the nature, quality and standard of care that such Party (or such Person) provides to its Affiliates and its other business components with respect to such Service. In the event of an occurrence of a Force Majeure, the Party whose
performance is affected thereby shall give notice of suspension as soon as reasonably practicable to the other stating the date and extent of such suspension and the cause thereof, and such Party shall resume the performance of such obligations as
soon as reasonably practicable after the removal of the cause. During the period of a Force Majeure, Buyer shall be entitled to seek an alternative service provider with respect to any or all of the affected Services and shall be entitled to
permanently terminate any or all such Services (and shall be relieved of the obligation to pay Service Charges for such Services(s) throughout the duration of such Force Majeure) if a Force Majeure shall continue to exist for more than 15
consecutive days, it being understood that Buyer shall not be required to provide any advance notice of such termination to Seller. 

7.3    Independent Contractors. Seller and its Subsidiaries shall operate as, and have the status of, independent
contractors and no Party shall act as or be a partner, co-venturer or employee of the other Party. Unless specifically authorized to do so in writing, neither Party shall have any right or authority to assume
or create any obligations or to make any representations or warranties on behalf of the other Party, whether express or implied, or to bind the other Party in any respect whatsoever. 

7.4    Amendment; Waivers. No amendment, modification or discharge of this Agreement, and no waiver hereunder,
shall be valid or binding unless set forth in writing and duly executed by the Party against whom enforcement of the amendment, modification, discharge or waiver is sought. Any such waiver shall constitute a waiver only with respect to the specific
matter described in such writing and shall in no way impair the rights of the Party granting such waiver in any other respect or at any other time. No failure to exercise, or delay in exercising, any right, remedy, power or privilege arising from
this Agreement shall operate or be construed as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy,
power or privilege. 
 7.5    Assignment. Neither this Agreement nor any of the rights, interests or obligations
hereunder shall be assigned, directly or indirectly, by any Party hereto without the prior written consent of the other Party hereto; provided, however, that either Party shall be permitted (a) to assign its rights under this
Agreement in connection with a sale of all or substantially all of such Party’s assets, (b) to undergo a change of control so long as the resulting, surviving or transferee Person assumes all of the obligations of the relevant party thereto by
operation of law or pursuant to an agreement in form and substance reasonably satisfactory to the other Party or (c) in the case of Buyer, to pledge or assign its rights hereunder to its debt financing sources or an agent thereof as collateral
security in connection with any debt financing. 

  
 12 

 7.6    Sections and Headings. The sections and headings contained
in this Agreement are for convenience only, are not intended to define, limit, expand or describe the scope or intent of any clause or provision of this Agreement and shall not affect the meaning or interpretation of this Agreement. 

7.7    Entire Agreement. This Agreement, together with all exhibits and schedules attached hereto, constitutes the
entire agreement and understanding of the Parties and supersedes all prior agreements and understandings, both written and oral, between the Parties with respect to the subject matter hereof. 

7.8    Counterparts. This Agreement may be executed in any number of counterparts, including by means of email,
each of which when executed shall be deemed to be an original of this Agreement and all of which taken together shall constitute one and the same agreement. 

7.9    Governing Law. 

(a)    This Agreement shall be governed by the laws of the State of Delaware, its rules of conflict of laws
notwithstanding. Each Party hereby agrees and consents to be subject to the jurisdiction of the Court of Chancery of the State of Delaware in and for New Castle County, or if the Court of Chancery lacks jurisdiction over such dispute, in any state
or federal court having jurisdiction over the matter situated in New Castle County, Delaware, in any Action seeking to enforce any provision of, or based on any matter arising out of or in connection with, this Agreement or the transactions
contemplated hereby. Each Party hereby irrevocably consents to the service of any and all process in any such suit, action or proceeding by the delivery of such process to such Party at the address and in the manner provided in
Section 10.1 of the Purchase Agreement. Each of the Parties hereto irrevocably and unconditionally waives any objection to the laying of venue of any action, suit or proceeding arising out of this Agreement or the
transactions contemplated hereby in the Court of Chancery of the State of Delaware in and for New Castle County, or if the Court of Chancery lacks jurisdiction over such dispute, in any state or federal court having jurisdiction over the matter
situated in New Castle County, Delaware, and hereby further irrevocably and unconditionally waives and agrees not to plead or claim in any such court that any such action, suit or proceeding brought in any such court has been brought in an
inconvenient forum. 
 (b)    EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS
AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT
OF OR RELATING TO THIS AGREEMENT, OR THE BREACH, TERMINATION OR VALIDITY OF THIS AGREEMENT, OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (i) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER
PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (ii) EACH SUCH PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER,
(iii) EACH SUCH PARTY 

  
 13 

 
MAKES THIS WAIVER VOLUNTARILY AND (iv) EACH SUCH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 7.9.

 7.10    No Third-Party Beneficiaries. This Agreement shall be binding upon and inure solely to the benefit of
each Party hereto and its respective successors and permitted assigns. Except as provided in Section 6.3 with respect to indemnification, nothing in this Agreement, express or implied, shall confer on any person other than
the parties hereto, and their respective successors and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, including any third-party beneficiary rights. 

7.11    Errors and Omissions. Inadvertent delays, errors or omissions that occur in connection with the performance
of this Agreement or the transactions contemplated hereby shall not constitute a breach of this Agreement provided that any such delay, error or omission is corrected as promptly as commercially practicable after discovery; provided,
however, that this Section 7.11 shall not apply with respect to, as applicable, (a) any failure to pay any amount due and payable by Buyer in accordance with Section 3,
(b) Buyer’s indemnification obligations as set forth in Section 6.3(a), and (c) Seller’s indemnification obligations as set forth in Section 6.3(b). 

7.12    Invalid Provisions. If any provision of this Agreement is held to be illegal, invalid or unenforceable
under any present or future law, and if the rights or obligations of the Parties under this Agreement will not be materially and adversely affected thereby, (a) such provision will be fully severable; (b) this Agreement will be construed
and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof; (c) the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the illegal, invalid or
unenforceable provision or by its severance herefrom; and (d) in lieu of such illegal, invalid, or unenforceable provisions, there will be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in
terms to such illegal, invalid or unenforceable provision as may be possible. 
 7.13    Specific Performance.
Each Party acknowledges that money damages would be both incalculable and an insufficient remedy for any breach of this Agreement by such Party and that any such breach would cause Buyer, on the one hand, and Seller, on the other hand, irreparable
harm. Accordingly, each Party hereto also agrees that, in the event of any breach or threatened breach of the provisions of this Agreement by such Party, Buyer, on the one hand, and Seller, on the other hand, shall be entitled to equitable relief
without the requirement of posting a bond or other security, including in the form of injunctions and orders for specific performance. Any and all remedies herein 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. Each of Seller, on the one hand, and Buyer, on the other hand, hereby agrees
not to raise any objections to the availability of the equitable remedy of specific performance to prevent or restrain breaches or threatened breaches of this Agreement by Seller or Buyer, as applicable, and to specifically enforce the terms and
provisions of this Agreement to prevent breaches or threatened breaches of, or to enforce compliance with, the covenants and obligations of Seller or Buyer, as applicable, under this Agreement. 

  
 14 

 [Signature page follows] 

  
 15 

 IN WITNESS WHEREOF, the Parties have executed this Transition Services Agreement as of the
date first written above. 
  

					
	ARMSTRONG FLOORING, INC.
		
	By:	 	 /s/ Donald R. Maier

		 	Name:	 	Donald R. Maier
		 	Title:	 	President and Chief Executive Officer
	
	AHF HOLDING, INC. (formerly known as Tarzan Holdco, Inc.)
		
	By:	 	 /s/ Stanley Edme

		 	Name:	 	 Stanley Edme

		 	Title:	 	Vice President

  
 [Signature Page to
Transition Services Agreement]EX-10.2

 Exhibit 10.2 

Execution Version 

INTELLECTUAL PROPERTY AGREEMENT 

This INTELLECTUAL PROPERTY AGREEMENT (this “Agreement”), dated as of December 31, 2018 (the “Effective
Date”) is entered into by and between Armstrong Flooring, Inc., a Delaware corporation (“Seller”) and AFI Licensing LLC, a Delaware limited liability company (“Licensing” and together with Seller,
“Arizona”) and AHF Holding, Inc. (formerly known as Tarzan HoldCo, Inc.), a Delaware corporation (“Buyer”) and Armstrong Hardwood Flooring Company, a Tennessee corporation (the “Company” and
together with Buyer the “Buyer Entities”) (each of Arizona on the one hand and the Buyer Entities on the other hand, a “Party” and collectively, the “Parties”). 

WHEREAS, Seller and Buyer have entered into that certain Stock Purchase Agreement, dated November 14, 2018 (the “Stock Purchase
Agreement”); WHEREAS, pursuant to the Stock Purchase Agreement, Seller has agreed to sell and transfer, and Buyer has agreed to purchase and acquire, all of Seller’s right, title and interest in and to Armstrong Wood Products, Inc., a
Delaware corporation (“AWP”) and its Subsidiaries, the Company and HomerWood Hardwood Flooring Company, a Delaware corporation (“HHFC,” and together with the Company, the “Company Subsidiaries” and
together with AWP, the “Company Entities” and each a “Company Entity”) by way of a purchase by Buyer and sale by Seller of the Shares, all upon the terms and condition set forth therein; 

WHEREAS, Arizona owns certain Copyrights, Know-How, Patents and Trademarks which may be used in the
Company Field, and in connection with the transactions contemplated by the Stock Purchase Agreement the Company desires to acquire all of Arizona’s right, title and interest in and to such Intellectual Property used exclusively in the Company
Field, and obtain a license from Arizona to use other such Intellectual Property on the terms and subject to the conditions set forth herein; 

WHEREAS, Seller is signatory to the Trademark License Agreement pursuant to which Seller obtains a license to the Arizona Licensed Trademarks;

 WHEREAS, the Company desires to obtain a sublicense to use the Arizona Licensed Trademarks in the Company Field; 

WHEREAS, Arizona has obtained consent from all counterparties to the Trademark License Agreement to grant to the Company the sublicenses to
the Arizona Licensed Trademarks included in this Agreement; and 
 WHEREAS, the Company Entities own certain Copyrights and Know-How which may be used in the Arizona Field, and in connection with the transactions contemplated by the Stock Purchase Agreement, Arizona desires to obtain a license from the Company Entities to use such
Intellectual Property on the terms and subject to the conditions set forth herein. 
 NOW, THEREFORE, in consideration of the foregoing and
the mutual agreements, provisions and covenants contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows: 

	1.	 DEFINITIONS AND INTERPRETATION 

 

	1.1	 Certain Definitions. As used herein, capitalized terms have the meaning ascribed to them herein,
including the following terms have the meanings set forth below. Capitalized terms that are not defined in this Agreement shall have the meaning set forth in the Stock Purchase Agreement. 

 

	 	(a)	 “Arizona Assigned Copyrights” means all Copyrights, whether registered or unregistered, owned
by Licensing or Seller as of the Effective Date and used or held for use exclusively in the Company Field as of November 14, 2018 (the “SPA Signing Date”) and/or as of the Effective Date. 

 

	 	(b)	 “Arizona Assigned Internet Domain Names” means the Internet domain names set forth on Schedule
1.1(b) and all other Internet domain names owned by Licensing or Seller as of the Effective Date and used or held for use exclusively in the Company Field as of the SPA Signing Date and/or as of the Effective Date (other than any Internet domain
names that include any Arizona Licensed Trademarks). 

  

	 	(c)	 “Arizona Assigned IP” means the Arizona Assigned Copyrights, Arizona Assigned Internet Domain
Names, Arizona Assigned Know-How, Arizona Assigned Patents and Arizona Assigned Trademarks. 

  

	 	(d)	 “Arizona Assigned Know-How” means all Know-How owned by Licensing or Seller as of the Effective Date and used or held for use exclusively in the Company Field as of the SPA Signing Date and/or as of the Effective Date. 

 

	 	(e)	 “Arizona Assigned Patents” means the Patents set forth on Schedule 1.1(e) and all other
Patents owned by Licensing or Seller and used or held for use exclusively in the Company Field as of the SPA Signing Date and/or as of the Effective Date. 

  

	 	(f)	 “Arizona Assigned Trademarks” means the Trademarks set forth on Schedule 1.1(f) and all other
Trademarks owned by Licensing or Seller as of the Effective Date and used or held for use exclusively in the in the Company Field as of the SPA Signing Date and/or as of the Effective Date (other than, for clarity any Arizona Licensed Trademarks).

  

	 	(g)	 “Arizona Domain Names” means the Internet domain names set forth on Schedule 1.1(g).

  

	 	(h)	 “Arizona Field” means all activities conducted by Arizona or its Affiliates, other than the
Company Field. 

  

	 	(i)	 “Arizona Licensed Copyrights” means all Copyrights owned by Licensing or Seller or their
respective Affiliates, as of the Effective Date and used or held for use in the Company Field during the five (5) years prior to the Effective Date (other than the Arizona Assigned Copyrights). 

  
 2 

	 	(j)	 “Arizona Licensed IP” means the Arizona Licensed Copyrights, the Arizona Licensed Know-How, the Arizona Licensed Patents, the Arizona Licensed Trademarks, the Diamond Licensed Trademarks and the Phase-Out Marks. 

 

	 	(k)	 “Arizona Licensed Know-How” means all Know-How owned by Licensing or Seller or their respective Affiliates, as of the Effective Date and used or held for use in the Company Field during the five (5) years prior to the Effective Date (other than the
Arizona Assigned Know-How). 

  

	 	(l)	 “Arizona Licensed Patents” means the Patents set forth on Schedule 1.1(l) and all other
Patents owned by Licensing or Seller or their respective Affiliates as of the Effective Date and used or held for use in the Company Field during the five (5) years prior to the Effective Date (other than the Arizona Assigned Patents).

  

	 	(m)	 “Arizona Licensed Trademarks” means the Trademarks set forth on Schedule 1.1(m).

  

	 	(n)	 “Arizona Trademark License Term” means the period commencing on the Effective Date and ending
twenty-four (24) months thereafter. 

  

	 	(o)	 “Company Field” means the design, development, manufacture, marketing, promotion, advertising,
sourcing, distribution and sale of solid hardwood and engineered wood flooring products by or for any Company Entity. 

  

	 	(p)	 “Company Licensed Copyrights” means all Copyrights and registrations and applications for any
of the foregoing owned by any Company Entity as of the Effective Date and used or held for use in the Arizona Field as of the Effective Date. 

  

	 	(q)	 “Company Licensed IP” means the Company Licensed Copyrights, the Company Licensed Know-How and the Company Licensed Patents. 

  

	 	(r)	 “Company Licensed Know-How” means all Know-How owned by any Company Entity as of the Effective Date and used or held for use in the Arizona Field as of the Effective Date. 

 

	 	(s)	 “Company Licensed Patents” means the Patents set forth on Schedule 1.1(s).

  

	 	(t)	 “Copyrights” means copyrights (whether registered or unregistered) including applications for
copyright (excluding, for clarity, Trademarks). 

  

	 	(u)	 “Diamond Licensed Trademarks” means the Trademarks set forth on Schedule 1.1(u).

  

	 	(v)	 “Diamond Product” means the design, development, manufacture, marketing, promotion,
advertising, sourcing, distribution and sale of the solid hardwood flooring product by any Company Entity as conducted under the Diamond Licensed Trademarks by any Company Entity prior to the Effective Date

  
 3 

	 	
(including the composition of coating used with respect to such solid hardwood flooring product). 

  

	 	(w)	 “Diamond Trademark License Term” means the period commencing on the Effective Date and ending
eighteen (18) months thereafter. 

  

	 	(x)	 “Know-How” means trade secrets, and other confidential
and proprietary information, inventions, processes, formulas and methodologies. 

  

	 	(y)	 “Licensed IP” means the Arizona Licensed IP and the Company Licensed IP.

  

	 	(z)	 “Licensed Copyrights” means the Arizona Licensed Copyrights and the Company Licensed
Copyrights. 

  

	 	(aa)	 “Licensed Know-How” means the Arizona Licensed Know-How and the Company Licensed Know-How. 

  

	 	(bb)	 “Licensed Trademarks” means the Arizona Licensed Trademarks, the Diamond Licensed Trademarks
and the Phase-Out Marks. 

  

	 	(cc)	 “Patents” means patent rights, including patents, patent applications, and all related
continuations, continuations-in-part, divisionals, renewals, reissues, re-examinations, substitutions, and extensions thereof,
and applications for any of the foregoing. 

  

	 	(dd)	 “Proceeding” means any proceeding, claim, suit or action arising out of, or in connection
with, this Agreement or its subject matter (including its validity, formation at issue, effect, interpretation, performance or termination), howsoever arising.  

 

	 	(ee)	 “Seller Licensed Trademarks” means the Arizona Licensed Trademarks and the Diamond Licensed
Trademarks. 

  

	 	(ff)	 “Third Party” means any Person other than Arizona, the Company, and their respective
Affiliates. 

  

	 	(gg)	 “Trademarks” means any trademarks, service marks, trade names, trade dress, and other similar
designations of source or origin, and registrations and applications for any of the foregoing. 

  

	 	(hh)	 “Trademark License Agreement” means the Trademark License Agreement by and between Armstrong
World Industries, Inc., AWI Licensing LLC and Armstrong Flooring, Inc, dated as of April 1, 2016 and attached hereto as Exhibit A. 

  
 4 

	1.2	 Interpretation. Section 10.5 and 10.14 of the Stock Purchase Agreement shall apply hereto,
mutatis mutandis. 

  

	1.3	 Company Actions. In respect of any action herein required to be undertaken by any of the Company
Entities, or to be omitted by any of the Company Entities, the Buyer Entities shall cause the applicable Company Entity to so undertake or omit to undertake, as applicable, such action. 

 

	2.	 ASSIGNMENT OF ARIZONA ASSIGNED IP 

 

	2.1	 Assignment. Arizona agrees to assign and hereby assigns its entire right, title and interest in and to
the Arizona Assigned IP to the Company. 

  

	2.2	 Recordation of Assignment. Arizona will reasonably cooperate with the Company to obtain, record, and
perfect title to, and provide all necessary evidence of the Company’s ownership of, the Arizona Assigned IP, including the execution of (i) a Patent Assignment in the form of the attached Exhibit B, and (ii) a Trademark Assignment in
the form of the attached Exhibit C. 

  

	3.	 GRANT OF COPYRIGHT LICENSE 

 

	3.1	 Arizona Copyright Grant. Subject to the terms and conditions of this Agreement, Arizona hereby grants to
the Company a perpetual, non-exclusive, royalty-free license in, to and under the Arizona Licensed Copyrights for use in the Company Field throughout the world. 

 

	3.2	 Company Copyright Grant. Subject to the terms and conditions of this Agreement, the Company hereby
grants to Seller a perpetual, non-exclusive, royalty-free license in, to and under the Company Licensed Copyrights for use in the Arizona Field throughout the world. 

 

	4.	 GRANT OF KNOW-HOW LICENSE 

 

	4.1	 Arizona Know-How Grant. Subject to the terms and conditions of
this Agreement, Arizona hereby grants to the Company a perpetual, non-exclusive, royalty-free license in, to and under the Arizona Licensed Know-How for use in the
Company Field throughout the world. 

  

	4.2	 Company Know-How Grant. Subject to the terms and conditions of
this Agreement, the Company hereby grants to Seller a perpetual, non-exclusive, royalty-free license in, to and under the Company Licensed Know-How for use in the
Arizona Field throughout the world. 

  

	5.	 GRANT OF PATENT LICENSE 

 

	5.1	 Arizona Patent Grant. Subject to the terms and conditions of this Agreement, Arizona hereby grants to
the Company a perpetual, non-exclusive, royalty-free license in, to and under the Arizona Licensed Patents for use in the Company Field throughout the world. 

  
 5 

	5.2	 Company Patent Grant. Subject to the terms and conditions of this Agreement, the Company hereby grants
to Seller a perpetual, non-exclusive, royalty-free license in, to and under the Company Licensed Patents for use in the Arizona Field throughout the world. 

 

	6.	 GRANT OF TRADEMARK LICENSE 

 

	6.1	 Arizona Licensed Trademark Grant. Subject to the terms and conditions of this Agreement, Arizona
hereby grants to the Company a limited, non-exclusive, royalty-free, non-sublicensable (except as set forth in Section 7.1), non-assignable license in, to and under
the Arizona Licensed Trademarks for the Arizona Trademark License Term for use in the Company Field throughout the world only in the form and manner that such Arizona Licensed Trademarks are used in the Business as of the Closing, provided that the
Company shall use commercially reasonable efforts to present the Arizona Licensed Trademarks in the form set forth on Schedule 6.1. 

  

	6.2	 Diamond Licensed Trademark Grant. Subject to the terms and conditions of this Agreement, Arizona hereby
grants to the Company a limited, non-exclusive, royalty-free, non-sublicensable (except as set forth in Section 7.1), non-assignable (except as set forth in
Section 13.2) license in, to and under the Diamond Licensed Trademarks for the Diamond Trademark License Term for use with respect to the Diamond Product throughout the world only in the form and manner set forth on Schedule 6.2.

  

	6.3	 Quality Control. The Buyer Entities acknowledge the importance of Arizona’s exercise of quality
control over the use of the Seller Licensed Trademarks to preserve the continued integrity and validity of the Seller Licensed Trademarks and to protect the value and goodwill associated with the Seller Licensed Trademarks, and accordingly:

  

	 	(a)	 The Company shall ensure that all goods and services provided by the Company, under or in association with any
of the Seller Licensed Trademarks, shall (i) be substantially the same as or greater than the quality of goods and services provided under such Seller Licensed Trademarks immediately prior to the Effective Date and (ii) not be associated
with any goods or services, including any activities, that are reasonably likely to have an adverse effect on (A) the image or reputation of any of the Seller Licensed Trademarks or (B) Seller’s right, title or interest in and to, any
of the Arizona Licensed Trademarks. 

  

	 	(b)	 The Company shall not tarnish or bring into disrepute the reputation of or goodwill associated with the Seller
Licensed Trademarks or Arizona. 

  

	 	(c)	 The Company shall use the Seller Licensed Trademarks at all times in compliance with all applicable Laws.

  

	 	(d)	 The Company shall include trademark and other notices in connection with the use of the Seller Licensed
Trademarks as reasonably requested by Arizona from time to time. 

  
 6 

	 	(e)	 The Company shall upon Arizona’s reasonable request from time to time, supply to Arizona representative
samples and/or written descriptions, as appropriate, of uses made by the Company of the Seller Licensed Trademarks. 

  

	 	(f)	 The Buyer Entities acknowledge that this license grant does not include, and the Company shall receive no
rights under this Agreement or the Stock Purchase Agreement, to use any Trademark that is confusingly similar to or derivative of a Seller Licensed Trademark (other than the Seller Licensed Trademarks themselves as expressly authorized hereunder).

  

	6.4	 Trademark License Agreement. In addition to the obligations set forth in Section 6.3, and
notwithstanding any other provision of this Agreement, the Company shall comply with all obligations applicable to Arizona and its Affiliates under the Trademark License Agreement including, for the avoidance of doubt, any obligations with respect
to reporting Complaints (as defined in the Trademark License Agreement), which reports the Company shall provide to Arizona, and quality control and standards, and Licensor Competitors (as defined in the Trademark License Agreement), and neither
Party shall undertake any act that would constitute a breach or a basis for termination under the Trademark License Agreement. 

  

	6.5	 Trade Names. The Company shall not create or use any corporate or trade names that include the Arizona
Licensed Trademarks, other than those in existence immediately prior to the Effective Date. No later than thirty (30) days following the Closing, each of AWP and the Company shall change its respective corporate name and trade name and cause
its organizational documents to be amended to remove any reference to “Armstrong.” 

  

	6.6	 With respect to any Trademarks notified to the Company in writing after the Effective Date that are used as of
the Effective Date in the Company Field and are not (i) owned by any Company Entity, (ii) Arizona Assigned Trademarks, or (iii) Seller Licensed Trademarks (the “Phase-Out
Marks”) in each case (i)-(iii) the Company shall have a period of twenty-four (24) months from the date of notification to phase out all use. Any use by the Company of any of the Phase-Out Marks
as permitted in this Section 6.6, is subject to its use of the Phase-Out Marks in a form and manner and with standards of quality consistent with that in effect for the
Phase-Out Marks as of the Effective Date. 

  

	6.7	 Domain Names. Subject to the terms and conditions of this Agreement, the license set forth in
Section 6.1 shall include the right of the Company to use the Arizona Domain Names solely in connection with the applicable Arizona Licensed Trademarks in the Company Field during the Arizona Trademark License Term, in the ordinary course of
business in a manner generally consistent with the past practice of Arizona in the Company Field. The Company shall not have the right to register any domain name or social media addresses (or any similar or successor identifiers) containing Arizona
Licensed Trademarks. 

  
 7 

	7.	 INTELLECTUAL PROPERTY RIGHTS 

 

	7.1	 Sublicenses. Arizona may sublicense the licenses granted herein to its Affiliates and Third Parties in
the ordinary course of business in support of its and its Affiliates’ business, but not for the independent use of Third Parties, and the Company may sublicense the licenses granted herein to Third Parties, its Subsidiaries, AWP, controlled
Affiliates, or any holding company that is a direct or indirect parent of the Company in the ordinary course of business in support of its and its Subsidiaries’ or controlled Affiliates’ business, but not for the independent use of Third
Parties (each such Affiliate, Third Party, AWP or Subsidiary, a “Sublicensee”). Each Party shall ensure that any sublicense that it grants to a Sublicensee does not conflict with this Agreement. For clarity, granting a sublicense
shall not relieve the Parties of any obligations hereunder and each Party shall cause each of its Sublicensees to comply, and shall remain responsible for such Sublicensees’ compliance, with all terms and conditions hereof applicable to the
Parties. At the request of a licensing Party, the other Party shall provide to the licensing Party a list of all Sublicensees and otherwise reasonably cooperate with the licensing Party in connection with Sublicensees’ compliance with this
Agreement. 

  

	7.2	 Reservation of Rights. Except as expressly provided in the Stock Purchase Agreement or herein, each
Party reserves its and its Affiliates’ rights in and to all Intellectual Property (including with respect to the use, registration and licensing thereof).  

 

	8.	 OWNERSHIP 

  

	8.1	 Ownership of Arizona Licensed IP. The Buyer Entities acknowledge and agree that (a) Arizona and its
Affiliates own the Arizona Licensed IP (other than the Arizona Licensed Trademarks), (b) AWI Licensing LLC owns the Arizona Licensed Trademarks, (b) neither the Company, nor its Affiliates or its Sublicensees, will acquire any ownership rights
in the Arizona Licensed IP, and (c) the Company shall not represent or make any claim that it has an ownership interest in any Arizona Licensed IP. Without limitation to the foregoing, the Company shall not file applications to register any
Arizona Licensed IP or assist any person in doing the same, or contest, challenge, or otherwise take any action adverse to Arizona’s and its Affiliates’ ownership of or rights in and to the Arizona Licensed IP, or assist any person in
doing the same. 

  

	8.2	 Ownership of Company Licensed IP. Arizona acknowledges and agrees that (a) the Company and its
Affiliates own the Company Licensed IP, (b) neither Arizona, nor its Affiliates or its Sublicensees, will acquire any ownership rights in the Company Licensed IP, and (c) Arizona shall not represent or make any claim that it has an
ownership interest in any Company Licensed IP. Without limitation to the foregoing, Arizona shall not file applications to register any Company Licensed IP or assist any person in doing the same, or contest, challenge, or otherwise take any action
adverse to the Company’s and its Affiliates’ ownership of or rights in and to the Company Licensed IP, or assist any person in doing the same. 

  
 8 

	9.	 PROSECUTION, MAINTENANCE AND ENFORCEMENT 

 

	9.1	 Responsibility and Cooperation. As between the Parties, Arizona, with respect to the Arizona
Licensed IP, and the Buyer Entities, with respect to the Company Licensed IP, shall have the right (but not the obligation) for filing, prosecuting, and maintaining all Arizona Licensed IP and Company Licensed IP, respectively, in the licensing
Party’s name. For the avoidance of doubt, in case either such Party files any new Intellectual Property registration to the extent covering the Licensed IP, such new Intellectual Property registration shall automatically become Licensed IP.
However, and for the further avoidance of doubt, the aforementioned shall not apply to new Intellectual Property created by a licensee Party or its Sublicensees separately and independently from the Licensed IP, for example in case of separate and
independent technical enhancements or advancements. The Parties shall reasonably consult and coordinate with each other at the other Party’s request with respect to the matters set forth in this Section 9.1. 

 

	9.2	 No Additional Obligations. This Agreement shall not obligate either Party to disclose to the other
Party, or maintain, register, prosecute, pay for, enforce, or otherwise manage any Intellectual Property except as expressly set forth herein. 

  

	9.3	 Enforcement. As between the Parties, Arizona, with respect to the Arizona Licensed IP, and the Company
or Buyer, with respect to the Company Licensed IP, shall have the right (but not the obligation) to elect to bring a Proceeding or enter into settlement discussions regarding, or otherwise seek to resolve, any infringement, misappropriation, or
other violation, or allegations of invalidity or unenforceability, of the Licensed IP. In the event that Arizona declines to institute any Proceedings against third-party infringers or violators of any Arizona Licensed Patents, regarding activities
that would fall within the Company Field if conducted by the Company, within forty-five (45) days after being notified or becoming aware of such infringing conduct, the Company or Buyer shall have the right to institute any Proceedings against
such third-party infringers or violators. In the event that the Company or Buyer elects to institute such Proceedings, Arizona will reasonably cooperate with the Company or Buyer in such Proceedings, and the Company or Buyer shall reimburse Arizona
for all reasonable costs and fees incurred by Arizona as a result of such cooperation. Such cooperation by Arizona will include joining such Proceeding as a party, if deemed necessary by the Company or Buyer. In the event that Arizona elects to
bring a Proceeding against any alleged infringer of the Arizona Licensed Trademarks and seeks the cooperation of the Licensor of the Trademark License Agreement in such Proceeding, Arizona will take reasonable steps to assist the Company or Buyer in
requesting the cooperation of the Licensor of the Trademark License Agreement, and pursuing an infringement claim against such alleged infringer. The Company or Buyer, as applicable, shall retain all benefits, recoveries, injunctions or other value
derived from such Proceedings instituted by such Party. 

  

	10.	 INDEMNIFICATION 

 

	10.1	 Indemnification. Each Party (the “Indemnifying Party”) agrees to indemnify,
defend and hold harmless the other Party and its Affiliates and their respective employees, 

  
 9 

	 	
directors, officers, agents and successors (collectively, the “Indemnified Parties”) from and against any and all losses (including all costs, liabilities (including present and
future damages), claims and expenses) incurred or suffered by any of the Indemnified Parties, to the extent arising out of, relating to or resulting from (a) a breach by the Indemnifying Party of this Agreement; or (b) any gross negligence
or willful misconduct of the Indemnifying Party in connection with this Agreement. 

  

	11.	 DISCLAIMERS 

  

	11.1	 Disclaimer. Each Party hereby acknowledges that, except to the extent expressly set forth in this
Agreement, the Stock Purchase Agreement, the Transition Services Agreement or the Confidentiality Agreement, neither Party nor any of its Affiliates has made any representation or warranty, expressed or implied, including any representation or
warranty regarding the validity, enforceability, or scope of the Licensed IP, noninfringement, merchantability or fitness for a particular purpose. 

  

	12.	 TERM 

  

	12.1	 Term and Termination. 

 

	 	(a)	 Unless earlier terminated pursuant to the provisions hereof, the term of this Agreement and the licenses and
other grants of rights (and related obligations) under this Agreement shall (i) with respect to the Arizona Licensed Trademarks, be for the Arizona Trademark License Term, (ii) with respect to the Diamond Licensed Trademarks, be for the
Diamond Trademark License Term, (iii) with respect to the Phase-Out Marks, be for the term set forth in Section 6.6, and (iv) with respect to Copyrights,
Know-How and Patents, be in perpetuity. 

  

	 	(b)	 Either Party may terminate this Agreement if the other Party materially breaches this Agreement and fails to
remedy such breach within thirty (30) days’ written notice thereof; provided, however, that if the material breach of this Agreement by the breaching Party is limited to the Licensed Copyrights, Licensed Know-How, the Arizona Licensed Patents, or the Licensed Trademarks, the non-breaching Party shall be entitled to termination solely with respect to the affected part of the
license (i.e., in such case, the non-breaching Party may terminate this Agreement with respect to the Licensed Copyrights or the Licensed Know-How or the Arizona
Licensed Patents or the Licensed Trademarks, as applicable). 

  

	12.2	 Effect of Termination. 

 

	 	(a)	 Effect of Termination. Upon termination of this Agreement, each licensee Party shall and shall cause all
of its Sublicensees to cease all use of the Licensed IP that is subject to such termination (excluding for clarity (a) any Arizona Licensed Patents, Licensed Copyrights or Licensed Trademarks that are expired, invalid or abandoned or
(b) any Licensed Know-How that no longer constitutes confidential information). 

  
 10 

	 	(b)	 Survival. The following provisions of this Agreement, together with all other provisions of this
Agreement that expressly specify that they survive, shall survive expiration or termination of this Agreement, in part or in its entirety: Sections 8, 10, 11, 12.2(a) and 13. 

 

	13.	 MISCELLANEOUS 

 

	13.1	 Entire Agreement. This Agreement (together with the Schedules attached hereto), the Stock Purchase
Agreement, the Transition Services Agreement and the Confidentiality Agreement constitute the entire agreement of the Parties hereto and supersede all prior negotiations, correspondence, agreements and undertakings, both written and oral, between or
among the Parties, or any of them, with respect to the subject matter hereof. It shall be expressly understood that the Stock Purchase Agreement shall govern the transactions contemplated thereby as a whole and that this Agreement shall not be
construed as an amendment or variation of the Stock Purchase Agreement but rather shall be complemented by and interpreted in light of the Stock Purchase Agreement. In the event that any provision of this Agreement is inconsistent with, conflicts
with or contradicts any term of the Stock Purchase Agreement, the terms of the Stock Purchase Agreement will prevail. 

  

	13.2	 Assignment. Except as otherwise provided in this Agreement, including under Section 7.1, neither
this Agreement nor any of the rights, interests or obligations of any Party under this Agreement shall be assigned, in whole or in part, by operation of law or otherwise, by either Party without the prior written consent of the other Party;
provided, however, that (a) either Party may assign any of the foregoing in connection with the sale or other transfer of the applicable business or assets of such Party or its Affiliates to which this Agreement relates (except
that neither of the Buyer Entities may assign any such rights, interests or obligations with respect to the Arizona Licensed Trademarks); (b) Arizona may assign any of the foregoing to one or more of its Affiliates and (c) the Company and Buyer
may assign any of the foregoing to one or more of its Subsidiaries, controlled Affiliates, AWP, or any holding company that is a direct or indirect parent of the Company; provided that in each case (b) and (c), no assignment shall
relieve the assigning Party of any of its obligations under this Agreement unless agreed to by the non-assigning Party. Any assignment or other disposition in violation of the preceding sentence shall be void.

  

	13.3	 Notices. All notices and other communications given or made pursuant hereto shall be in writing and
shall be deemed to have been duly given (i) on the date delivered, if delivered personally, (ii) on the third (3rd) Business Day after being mailed by registered or certified mail
(postage prepaid, return receipt requested), or (iii) on the next Business Day after being sent by reputable overnight courier (delivery prepaid), in each case, to the parties at the following addresses, or on the date sent and confirmed by
electronic transmission or confirmatory return email to the telecopier number or email address specified below (or at such other address, telecopier number or email address for a Party as shall be specified by notice given in accordance with this
Section 13.3): 

 (a)     If to Buyer: 

  
 11 

	
	 c/o American Industrial Partners

	 450 Lexington Avenue, 40th
Floor

	 Attention:         General Counsel and Richard
Hoffman

	 Email:
              notices@americanindustrial.com

	
                  
richard@americanindustrial.com

	
	 with a copy to:

	
	 Baker Botts L.L.P.

	 1299 Pennsylvania Avenue, NW

	 Washington, D.C. 20004

	 Attention:         Terrance L. Bessey

	
                 Brendan O.
Dignan

	 Email:
             terrance.bessey@bakerbotts.com

	
                 
brendan.dignan@bakerbotts.com

	
	 (b)     If to Arizona:

	
	 Armstrong Flooring, Inc.

	 2500 Columbia Avenue, PO Box 3025

	 Lancaster, PA 17604

	 Attention:         Christopher S. Parisi

	 Email:
              csparisi@armstrongflooring.com

	
	 with a copy to:

	
	 Skadden, Arps, Slate, Meagher & Flom LLP

	 4 Times Square

	 New York, NY 10036

	 Attention:         Eric L. Cochran

	
                 Steven J.
Daniels

	 Email:
              eric.cochran@skadden.com

	
                  
steven.daniels@skadden.com

  

	13.4	 Specific Performance. Each Party hereto acknowledges that money damages would be both incalculable and
an insufficient remedy for any breach of this Agreement by such Party and that any such breach would cause Arizona, on the one hand, and the Buyer Entities, on the other hand, irreparable harm. Accordingly, each Party hereto also agrees that, in the
event of any breach or threatened breach of the provisions of this Agreement by such Party, Arizona, on the one hand, and the Buyer Entities, on the other hand, shall be entitled to equitable relief without the requirement of posting a bond or other
security, including in the form of injunctions and orders for specific performance. Any and all remedies herein 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. Arizona, on the one hand, and Buyer Entities, on the other hand, hereby agree not to raise any objections to the availability
of the equitable remedy of specific 

  
 12 

	 	
performance to prevent or restrain breaches or threatened breaches of this Agreement by the Buyer Entities or Arizona, as applicable, and to specifically enforce the terms and provisions of this
Agreement to prevent breaches or threatened breaches of, or to enforce compliance with, the covenants and obligations of the Buyer Entities or Arizona, as applicable, under this Agreement. 

 

	13.5	 Governing Law; Jurisdiction; Waiver of Jury Trial. 

 

	 	(a)	 This Agreement shall be governed by the laws of the State of Delaware, its rules of conflict of laws
notwithstanding. Each Party hereby agrees and consents to be subject to the jurisdiction of the Court of Chancery of the State of Delaware in and for New Castle County, or if the Court of Chancery lacks jurisdiction over such dispute, in any state
or federal court having jurisdiction over the matter situated in New Castle County, Delaware, in any Action seeking to enforce any provision of, or based on any matter arising out of or in connection with, this Agreement or the transactions
contemplated hereby. Each Party hereby irrevocably consents to the service of any and all process in any such Action by the delivery of such process to such Party at the address and in the manner provided in Section 13.3 hereof. Each of the
Parties hereto irrevocably and unconditionally waives any objection to the laying of venue of any Proceeding arising out of this Agreement or the transactions contemplated hereby in the Court of Chancery of the State of Delaware in and for New
Castle County, or if the Court of Chancery lacks jurisdiction over such dispute, in any state or federal court having jurisdiction over the matter situated in New Castle County, Delaware, and hereby further irrevocably and unconditionally waives and
agrees not to plead or claim in any such court that any such Proceeding brought in any such court has been brought in an inconvenient forum. 

  

	 	(b)	 EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO
INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS
AGREEMENT, OR THE BREACH, TERMINATION OR VALIDITY OF THIS AGREEMENT, OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (i) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED,
EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (ii) EACH SUCH PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (iii) EACH SUCH PARTY MAKES
THIS WAIVER VOLUNTARILY, AND (iv) EACH SUCH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 13.5(b). 

  
 13 

	13.6	 Severability. If any term or other provision of this Agreement, or any portion thereof, is invalid,
illegal or incapable of being enforced by any rule of law or public policy, all other terms and provisions of this Agreement, or the remaining portion thereof, shall nevertheless remain in full force and effect so long as the economic or legal
substance of the transactions contemplated hereby is not affected in any manner materially adverse to any Party. Upon such determination that any such term or other provision, or any portion thereof, is invalid, illegal or incapable of being
enforced, the Parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are
consummated to the fullest extent possible. 

  

	13.7	 Counterparts. This Agreement may be executed in any number of counterparts, including by means of email
in portable document format (.pdf), each of which when executed shall be deemed to be an original copy of this Agreement and all of which taken together shall constitute one and the same agreement. 

[Remainder of page intentionally left blank] 

  
 14 

 IN WITNESS WHEREOF, the Parties have duly executed this Agreement as of the date first written above. 

 

			
	ARMSTRONG FLOORING, INC.
		
	By:	 	 /s/ Donald R. Maier

		 	Name: Donald R. Maier
		 	Title: President and Chief Executive Officer
	
	AFI LICENSING LLC
		
	By:	 	 /s/ Christina Geerlof

		 	Name: Christina Geerlof
		 	Title: President
	
	AHF HOLDING, INC. (formerly known as Tarzan Holdco, Inc.)
		
	By:	 	 /s/ Stanley Edme

		 	Name: Stanley Edme
		 	Title: Vice President
	
	ARMSTRONG HARDWOOD FLOORING COMPANY
		
	By:	 	 /s/ Jason Braeglemann

		 	Name: Jason Braegelmann
		 	Title: Vice President

  
 [Signature Page to IP
Agreement] 

 Schedule 1.1(b) – Arizona Assigned Internet Domain Names 

 

					
	 Domain Name
	  	 Expiration date
	  	 Owner

	amish-handscraped.com	  	13-Apr-2019	  	Armstrong Flooring, Inc. (“AFI”)
	amishhandscraped.com	  	13-Apr-2019	  	AFI
	bruce.adult	  	28-Apr-2019	  	AFI
	bruce.biz	  	26-Mar-2019	  	AFI
	bruce.com	  	21-Jan-2019	  	AFI
	bruce.dpml.pub	  	29-Oct-2019	  	AFI
	bruce.dpmlblock	  	29-Oct-2019	  	AFI
	bruce.info	  	10-Aug-2019	  	AFI
	bruce.porn	  	28-Apr-2019	  	AFI
	bruce.xxx	  	01-Dec-2021	  	AFI
	brucebuilder.com	  	02-Mar-2019	  	AFI
	brucecontractor.com	  	02-Mar-2019	  	AFI
	brucedealer.com	  	02-Mar-2019	  	AFI
	brucedistributor.com	  	02-Mar-2019	  	AFI
	brucefloors.com	  	04-Aug-2019	  	AFI
	brucehardwoodfloors.com	  	11-Apr-2019	  	AFI
	brucehome.com	  	02-Mar-2019	  	AFI
	brucelaminate.com	  	30-Dec-2018	  	AFI
	bruceremodeler.com	  	02-Mar-2019	  	AFI
	bruceretailer.com	  	02-Mar-2019	  	AFI
	brucesucks.com	  	25-Oct-2018	  	AFI
	brucesucks.info	  	22-Sep-2019	  	AFI
	capellaflooringcompany.com	  	12-Nov-2018	  	AFI
	capellafloors.com	  	27-Oct-2018	  	AFI
	forestglenhardwood.com	  	13-Sep-2019	  	AFI
	handscraped-hardwood.com	  	13-Apr-2019	  	AFI
	handscrapedhardwoodflooring.com	  	13-Sep-2019	  	AFI
	handscrapedwoodfloor.com	  	05-Sep-2019	  	AFI
	handscrapehardwoodfloor.com	  	05-Sep-2019	  	AFI
	handscrapehardwoodflooring.com	  	05-Sep-2019	  	AFI
	handscrapehardwoodfloors.com	  	05-Sep-2019	  	AFI
	handscrapewoodfloor.com	  	05-Sep-2019	  	AFI
	handscrapewoodflooring.com	  	05-Sep-2019	  	AFI
	handscrapewoodfloors.com	  	05-Sep-2019	  	AFI
	hardwood-flooring.asia	  	26-Mar-2019	  	AFI
	hartco.biz	  	18-Nov-2018	  	AFI
	hartco.info	  	10-Aug-2019	  	AFI
	hartcodistributor.com	  	02-Mar-2019	  	AFI
	hartcoflooring.com	  	24-May-2019	  	AFI

					
	 Domain Name
	  	 Expiration date
	  	 Owner

	hartcoflooringcompany.com	  	18-Jun-2019	  	AFI
	hartcohome.com	  	02-Mar-2019	  	AFI
	homerwood.com	  	14-Sep-2019	  	AFI
	lifetimeluxuryhardwood.com	  	14-Jun-2019	  	AFI
	lockandfold.com	  	20-Nov-2018	  	AFI
	luxuryhardwood.com	  	20-Dec-2018	  	AFI
	mybruce.com	  	25-Jul-2019	  	AFI
	mybruce.net	  	25-Jul-2019	  	AFI
	myhartco.com	  	25-Jul-2019	  	AFI
	myhartco.net	  	25-Jul-2019	  	AFI
	myrobbins.com	  	25-Jul-2019	  	AFI
	myrobbins.net	  	25-Jul-2019	  	AFI
	powerofparagon.com	  	15-Jun-2019	  	AFI
	premium-hardwood.com	  	13-Apr-2019	  	AFI
	robbins-home.com	  	02-Mar-2019	  	AFI
	robbins.biz	  	26-Mar-2019	  	AFI
	robbins.com	  	13-Sep-2019	  	AFI
	robbins.info	  	10-Aug-2019	  	AFI
	robbinsflooring.com	  	21-Nov-2018	  	AFI
	robbinsflooring.info	  	22-Sep-2019	  	AFI
	robbinsfloors.com	  	14-Sep-2019	  	AFI
	robbinsfloors.net	  	17-Apr-2019	  	AFI
	robbinshardwoodflooring.com	  	26-Sep-2019	  	AFI
	robbinshighperformance.com	  	18-Oct-2018	  	AFI
	smokedhardwood.com	  	30-Apr-2019	  	AFI
	smokedhardwoodfloor.com	  	30-Apr-2019	  	AFI
	smokedhardwoodflooring.com	  	30-Apr-2019	  	AFI
	smokedhardwoodfloors.com	  	30-Apr-2019	  	AFI
	softscrapedhardwoodfloor.com	  	05-Sep-2019	  	AFI
	softscrapedhardwoodflooring.com	  	05-Sep-2019	  	AFI
	softscrapedhardwoodfloors.com	  	05-Sep-2019	  	AFI
	softscrapedwoodfloor.com	  	05-Sep-2019	  	AFI
	softscrapedwoodflooring.com	  	05-Sep-2019	  	AFI
	softscrapedwoodfloors.com	  	05-Sep-2019	  	AFI
	softscrapehardwoodfloor.com	  	05-Sep-2019	  	AFI
	softscrapehardwoodflooring.com	  	05-Sep-2019	  	AFI
	softscrapehardwoodfloors.com	  	05-Sep-2019	  	AFI
	softscrapewoodfloor.com	  	05-Sep-2019	  	AFI
	softscrapewoodflooring.com	  	05-Sep-2019	  	AFI
	softscrapewoodfloors.com	  	05-Sep-2019	  	AFI

					
	 Domain Name
	  	 Expiration date
	  	 Owner

	tmortan.com	  	07-Sep-2019	  	AFI
	tmorten.com	  	07-Sep-2019	  	AFI
	tmortin.com	  	07-Sep-2019	  	AFI
	tmorton-flooring.com	  	17-Mar-2019	  	AFI
	tmorton-floors.com	  	17-Mar-2019	  	AFI
	tmorton-hardwood-flooring.com	  	17-Mar-2019	  	AFI
	tmorton-hardwood-floors.com	  	17-Mar-2019	  	AFI
	tmorton-hardwood.com	  	17-Mar-2019	  	AFI
	tmorton-wood-flooring.com	  	17-Mar-2019	  	AFI
	tmorton-wood-floors.com	  	17-Mar-2019	  	AFI
	tmorton.asia	  	20-Mar-2019	  	AFI
	tmorton.com	  	17-Mar-2019	  	AFI
	tmorton.org	  	17-Mar-2019	  	AFI
	tmortonandco.com	  	17-Mar-2019	  	AFI
	tmortonco.com	  	17-Mar-2019	  	AFI
	wwwbruce.com	  	01-Mar-2019	  	AFI
	wwwhartco.com	  	17-Jan-2019	  	AFI
	wwwrobbins.com	  	17-Jan-2019	  	AFI

 Schedule 1.1(e) – Arizona Assigned Patents 

 

											
	 Country
	  	 App.

Status
	  	 App. Number
	  	 Filing Date
	  	 Patent Number
	  	 Issue Date

	US	  	Granted	  	10/459,977	  	12-Jun-03	  	7381474	  	3-Jun-08
	AU	  	Granted	  	2004304906	  	22-Nov-04	  	2004304906	  	28-Oct-10
	CN	  	Granted	  	200480039516	  	22-Nov-04	  	ZL200480039516.1	  	2-Jan-13
	DE	  	Granted	  	6020040309575	  	22-Nov-04	  	1944158	  	11-Feb-17
	EP	  	Granted	  	8007063.4	  	22-Nov-04	  	1944158	  	5-Jan-11
	FR	  	Granted	  	8007063.4	  	22-Nov-04	  	1944158	  	5-Jan-11
	GB	  	Granted	  	8007063.4	  	22-Nov-04	  	1944158	  	5-Jan-11
	US	  	Granted	  	10/727,749	  	4-Dec-03	  	7,261,947	  	28-Aug-07
	US	  	Granted	  	11/901,361	  	17-Sep-07	  	8,287,971	  	16-Oct-12
	US	  	Granted	  	13/611,028	  	12-Sep-12	  	8,399,075	  	19-Mar-13
	US	  	Granted	  	12/825,448	  	29-Jun-10	  	8801505	  	12-Aug-14
	US	  	Granted	  	14/458,103	  	12-Aug-14	  	10,072,427	  	11-Sep-18
	AU	  	Granted	  	2014240948	  	28-Mar-14	  	2014240948	  	20-Oct-16
	EP	  	Published	  	14722915.7	  	28-Mar-14	  		  	
	AU	  	Granted	  	2013246000	  	10-Apr-13	  	2013246000	  	26-Nov-15
	CA	  	Granted	  	2,869,667	  	10-Apr-13	  	2869667	  	19-Dec-17
	CN	  	Granted	  	201380018751	  	10-Apr-13	  	2512525	  	9-Jun-17
	EP	  	Published	  	13718698.7	  	10-Apr-13	  		  	
	US	  	Granted	  	13/442,960	  	10-Apr-13	  	9434087	  	6-Sep-16
	AU	  	Granted	  	2013246002	  	10-Apr-13	  	2013246002	  	17-Dec-15
	CA	  	Granted	  	2,869,752	  	10-Apr-13	  	2869752	  	3-Jan-17
	CN	  	Granted	  	201380018754	  	10-Apr-13	  	104245258	  	3-May-17
	US	  	Granted	  	13/442,966	  	10-Apr-12	  	9,108,335	  	18-Aug-15
	CN	  	Granted	  	201410046641	  	10-Feb-14	  	103978829	  	12-Apr-17
	EP	  	Granted	  	14154551.7	  	10-Feb-14	  	EP2764965	  	21-Sep-16
	US	  	Granted	  	14/176,299	  	10-Feb-14	  	9701040	  	11-Jul-17
	AU	  	Granted	  	2014240951	  	28-Mar-14	  	2014240951	  	30-Jun-16
	AU	  	Granted	  	2013270463	  	10-Dec-13	  	2013270463	  	26-Nov-15
	CN	  	Granted	  	201310674310	  	11-Dec-13	  	103866947	  	4-Jan-17
	AU	  	Granted	  	2014274549	  	10-Dec-14	  	2014274549	  	15-Oct-15
	CA	  	Granted	  	2,873,571	  	8-Dec-14	  	2873571	  	27-Mar-18
	CN	  	Published	  	201407560485	  	10-Dec-14	  		  	
	AU	  	Pending	  	2016287834	  	5-Jul-16	  		  	
	CN	  	Published	  	2016800338922	  	5-Jul-16	  		  	

											
	 Country
	  	 App.

Status
	  	 App. Number
	  	 Filing Date
	  	 Patent Number
	  	 Issue Date

	EP	  	Published	  	16818951.2	  	5-Jul-16	  		  	
	TW	  	Published	  	20160120286	  	28-Jun-16	  		  	
	WO	  	Published	  	PCT/US16/40942	  	5-Jul-16	  		  	
	CN	  	Published	  	201510954585	  	17-Dec-15	  		  	
	EP	  	Published	  	15201544.2	  	21-Dec-15	  		  	
	US	  	Published	  	14/970,662	  	16-Dec-15	  		  	
	AU	  	Pending	  	2016380976	  	20-Dec-16	  		  	
	CN	  	Published	  	20168078711	  	20-Dec-16	  		  	
	EP	  	Pending	  	16882368	  	20-Dec-16	  		  	
	US	  	Published	  	14/980,263	  	28-Dec-15	  		  	
	WO	  	Published	  	PCT/US2016/067690    	  	20-Dec-16	  		  	
	AU	  	Pending	  	2016380975	  	20-Dec-16	  		  	
	CN	  	Published	  	201680078712	  	20-Dec-16	  		  	
	EP	  	Pending	  	16882368	  	20-Dec-16	  		  	
	US	  	Published	  	14/980,313	  	28-Dec-15	  		  	
	WO	  	Published	  	PCT/US2016/067688	  	20-Dec-16	  		  	
	WO	  	Published	  	PCT/US2017/055068    	  	5-Oct-17	  		  	
	US	  	Published	  	15902327	  	22-Feb-18	  		  	
	WO	  	Published	  	PCT/US18/19186	  	22-Feb-18	  		  	
	US	  	Granted	  	09/478,016	  	5-Jan-00	  	6164351	  	26-Dec-00
	US	  	Granted	  	11/390,679	  	28-Mar-06	  	7537841	  	26-May-09
	US	  	Granted	  	09/175,661	  	20-Oct-98	  	6148884	  	21-Nov-00
	US	  	Granted	  	09/303,176	  	30-Apr-99	  	6156402	  	5-Dec-00
	US	  	Granted	  	09/241,878	  	2-Feb-99	  	6194078	  	27-Feb-01
	US	  	Pending	  	62/611953	  	29-Dec-17	  		  	
	US	  	Expired	  	62/404,413	  	5-Oct-16	  		  	
	US	  	Expired	  	62/462,609	  	23/Feb-17	  		  	
	US	  	Abandoned	  	09/903,549	  	13-Jul-01	  		  	
	US	  	Abandoned	  	14/828,598	  	18-Aug-15	  		  	
	US	  	Expired	  	62/187,925	  	2-Jul-15	  		  	
	US	  	Granted	  	12/425,560	  	17-Apr-09	  	8,357,752	  	22-Jan-13
	US	  	Granted	  	13/741,770	  	15-Jan-13	  	8,617,654	  	31-Dec-13
	AU	  	Granted	  	2014274559	  	10-Dec-14	  	2014274559	  	24-Mar-16
	EP	  	Published	  	14199378.2	  	19-Dec-14	  		  	
	CN	  	Published	  	2015109813242	  	23-Dec-15	  		  	
	EP	  	Published	  	15202406.3	  	23-Dec-15	  		  	
	US	  	Granted	  	14/580,347	  	23-Dec-14	  	9,567,755	  	14-Feb-17

											
	 Country
	  	 App.

Status
	  	 App. Number
	  	 Filing Date
	  	 Patent Number
	  	 Issue Date

	US	  	Pending	  	15/724,391	  	5-Oct-17	  		  	

 Schedule 1.1(f) – Arizona Assigned Trademarks 

 

													
	 Country
	  	 Trademark
	  	 Status
	  	 App.

Number
	  	 App. Date
	  	 Reg.

Number
	  	 Reg. Date

	US	  	AMERICAN SCRAPE	  	Registered	  	85616030	  	3-May-12	  	4481771	  	11-Feb-14
							
	CA	  	ARTISAN COLLECTIVE	  	Pending	  	1817435	  	10-Jan-17	  		  	
							
	US	  	ARTISAN COLLECTIVE	  	CLTM	  		  		  		  	
							
	CA	  	ARTISTIC TIMBERS	  	Registered	  	1670991	  	2-Apr-14	  	TMA967273	  	31-Mar-17
							
	US	  	ARTISTIC TIMBERS	  	CLTM	  		  		  		  	
							
	US	  	BIRCH RUN	  	Registered	  	85/931,142	  	14-May-13	  	4,524,637	  	6-May-14
							
	CA	  	BIRCH RUN	  	Registered	  	1,636,822	  	25-Jul-13	  	TMA905398	  	4-Jun-15
							
	US	  	BRISTOL TRAIL	  	Registered	  	86919986	  	25-Feb-16	  	5423957	  	13-Mar-18
							
	CA	  	BRISTOL TRAIL	  	Published	  	1769733	  	26-Feb-16	  		  	

													
	 Country
	  	 Trademark
	  	 Status
	  	App.
Number	  	 App. Date
	  	Reg.
Number	  	 Reg. Date

	US	  	BRUSHED IMPRESSIONS	  	Registered	  	86906683	  	12-Feb-16	  	5183009	  	11-Apr-17
							
	CA	  	BRUSHED IMPRESSIONS	  	Published	  	1768050	  	16-Feb-16	  		  	
							
	CA	  	CAPELLA	  	Published	  	1789784	  	4-Jul-16	  		  	
							
	US	  	DUNDEE	  	Registered	  	86274578	  	7-May-14	  	4649247	  	2-Dec-14
							
	US	  	EVERGUARD	  	Registered	  	86084365	  	7-Oct-13	  	4654066	  	9-Dec-14
							
	US	  	FARMINGTON	  	Registered	  	86920079	  	25-Feb-16	  	5423958	  	13-Mar-18
							
	CA	  	FARMINGTON	  	Published	  	1769729	  	26-Feb-16	  		  	
							
	US	  	FOREST GLEN	  	Registered	  	86084354	  	7-Oct-13	  	4633917	  	4-Nov-14
							
	CA	  	FOREST GLEN	  	Registered	  	1769732	  	26-Feb-16	  	961263	  	27-Jan-17

													
	 Country
	  	 Trademark
	  	 Status
	  	App.
Number	  	 App. Date
	  	Reg.
Number	  	 Reg. Date

	CA	  	FORGED HERITAGE	  	Published	  	1,752,076	  	26-Oct-15	  		  	
							
	CA	  	Hydropel	  	Pending	  	1917541	  	30-Aug-18	  		  	
							
	US	  	Hydropel	  	Pending	  	88148020	  	9-Oct-18	  		  	
							
	US	  	LOCK&FOLD	  	Registered	  	76656450	  	13-Mar-06	  	3200208	  	23-Jan-07
							
	US	  	MIDTOWN	  	Registered	  	85736605	  	24-Sep-12	  	4401628	  	10-Sep-13
							
	US	  	MILLWORK SQUARE	  	Registered	  	86906649	  	12-Feb-16	  	5183008	  	11-Apr-17
							
	CA	  	MILLWORK SQUARE	  	Published	  	1768051	  	16-Feb-16	  		  	
							
	CA	  	ORIGINAL RUSTICS	  	Published	  	1791791	  	18-Jul-16	  		  	
							
	US	  	ORIGINAL RUSTICS	  	CLTM	  		  		  		  	

													
	 Country
	  	 Trademark
	  	 Status
	  	App.
Number	  	 App. Date
	  	 Reg.

Number
	  	 Reg. Date

	US	  	PARAGON	  	CLTM	  		  		  		  	
							
	CA	  	PARAGON	  	CLTM	  		  		  		  	
							
	US	  	PRIME HARVEST	  	Registered	  	86/285,289	  	19-May-14	  	4,742,207	  	26-May-15
							
	CA	  	PRIME HARVEST	  	Registered	  	1,677,599	  	20-May-14	  	TMA906580	  	17-Jun-15
							
	US	  	RIGHT EVERY TIME	  	Published	  	87261852	  	8-Dec-16	  		  	
							
	US	  	RUSTIC RESTORATIONS	  	Published	  	87215879	  	26-Oct-16	  	5520272	  	17-Jul-18
							
	CA	  	RUSTIC RESTORATIONS	  	Pending	  	1806462	  	26-Oct-16	  		  	
							
	US	  	SDF	  	Pending	  	‘87947440	  	4-Jun-18	  		  	
							
	CA	  	SDF	  	Pending	  	1902212	  	1-Jun-18	  		  	

													
	 Country
	  	 Trademark
	  	 Status
	  	App.
Number	  	 App. Date
	  	Reg.
Number	  	 Reg. Date

	US	  	SIGNATURE SCRAPE	  	Registered	  	86920111	  	25-Feb-16	  	5187924	  	18-Apr-17
							
	CA	  	SIGNATURE SCRAPE	  	Published	  	1769731	  	26-Feb-16	  		  	
							
	CA	  	SIGNATURE SOFT SCRAPE	  	Published	  	1769730	  	26-Feb-16	  		  	
							
	US	  	TimberBlock	  	Published	  	87839322	  	19-Mar-18	  		  	
							
	CA	  	TimberBlock	  	Pending	  	1889001	  	20-Mar-18	  		  	
							
	US	  	TIMBERBRUSHED	  	Registered	  	87105110	  	15-Jul-16	  	5267454	  	15-Aug-17
							
	US	  	TIMBERCUTS	  	Registered	  	87295586	  	10-Jan-17	  	5371502	  	2-Jan-18
							
	CA	  	TIMBERCUTS	  	Pending	  	1817434	  	10-Jan-17	  		  	
							
	US	  	TIMBERLAND	  	Registered	  	76496979	  	13-Mar-03	  	2923877	  	1-Feb-05

													
	 Country
	  	 Trademark
	  	 Status
	  	 App.

Number
	  	 App. Date
	  	 Reg.

Number
	  	 Reg. Date

	CA	  	TRANQUIL WOODS	  	Published	  	1790828	  	11-Jul-16	  		  	
							
	US	  	TRANQUIL WOODS	  	CLTM	  		  		  		  	
							
	US	  	TruTop	  	Published	  	87870541	  	10-Apr-18	  		  	
							
	CA	  	TruTop	  	Pending	  	1892873	  	10-Apr-18	  		  	
							
	CA	  	VINTAGE FARMHOUSE	  	Published	  	1790827	  	11-Jul-16	  		  	
							
	US	  	WEAR MASTER	  	Registered	  	74/329383	  	9-Nov-92	  	1834641	  	3-May-94
							
	CN	  	WEAR MASTER	  	Registered	  	4819937	  	5-Aug-05	  	4819937	  	
							
	CA	  	OPAL CREEK	  	Registered	  	1738695	  	23-Jul-15	  	1002365	  	08-Aug-18
							
	US	  	OPAL CREEK	  	Registered	  	CLTM	  		  		  	

 Schedule 1.1(g) – Arizona Domain Names 

 

					
	 Domain Name
	  	Expiration date	  	Owner
	 armstrongwoodproducts.com
	  	19-Dec-2018	  	AFI

 Schedule 1.1(l) - Arizona Licensed Patents 

 

									
	 COUNTRY
	  	 APP NO.
	  	 FILING DATE
	  	 PATENT NUMBER
	  	 ISSUE DATE

	AU	  	2009241803	  	30-Apr-09	  	2009241803	  	26-Sep-13
	AU	  	2013231111	  	19-Sep-13	  	2013231111	  	7-Jan-16
	CN	  	200980120494	  	30-Apr-09	  		  	
	DE	  	60 2009 024 610.0	  	30-Apr-09	  	2 286 018	  	
	EP	  	9739191.6	  	30-Apr-09	  	2286018	  	11-Jun-14
	EP	  	13192693.3	  	30-Apr-09	  	2703461	  	31-Aug-16
	FR	  	9739191.6	  	30-Apr-09	  	2 286 018	  	11-Jun-14
	GB	  	9739191.6	  	30-Apr-09	  	2 286 018	  	11-Jun-14
	US	  	12/432,845	  	30-Apr-09	  	8,420,710	  	16-Apr-13
	US	  	14/700,669	  	30-Apr-15	  		  	
	BE	  	10770074.2	  	29-Nov-11	  	2 424 911	  	23-Mar-16
	DE	  	DE 60 2010 031 448.0	  	29-Nov-11	  	2 424 911	  	23-Mar-16
	EP	  	10770074.2	  	29-Nov-11	  	2 424 911	  	23-Mar-16
	FR	  	10770074.2	  	29-Nov-11	  	2 424 911	  	23-Mar-16
	GB	  	10770074.2	  	29-Nov-11	  	2 424 911	  	23-Mar-16
	NL	  	10770074.2	  	29-Nov-11	  	2 424 911	  	23-Mar-16
	US	  	12/799,700	  	30-Apr-10	  		  	
	US	  	14/140,206	  	24-Dec-13	  		  	
	AU	  	2012286867	  	26-Jul-12	  	2012286867	  	4-Feb-16
	CN	  	2012800367594	  	26-Jul-12	  	2094039	  	1-Jun-16
	DE	  	12751639.1	  	26-Jul-12	  	EP2736977	  	20-May-15
	EP	  	12751639.1	  	26-Jul-12	  	EP2736977	  	20-May-15
	GB	  	12751639.1	  	26-Jul-12	  	EP2736977	  	20-May-15
	AU	  	2013222106	  	25-Feb-13	  	2013222106	  	25-Feb-13
	EP	  	13707792.1	  	25-Feb-13	  		  	
	US	  	14/380,432	  	22-Aug-14	  	9540825	  	10-Jan-17
	AU	  	2013308554	  	30-Aug-13	  	2013308554	  	28-Apr-16
	CN	  	201380046030	  	4-Mar-15	  	2789549	  	23-Jan-18
	EP	  	13770989.5	  	30-Mar-15	  	EP2890749	  	16-May-18
	US	  	14/423,186	  	23-Feb-15	  		  	
	AU	  	2014207438	  	8-Jul-15	  	2014207438	  	9-Feb-17
	EP	  	14702412.9	  	14-Aug-15	  		  	
	US	  	14/760,080	  	9-Jul-15	  		  	
	AU	  	2014207441	  	8-Jul-15	  	2014207441	  	10-Nov-16
	CN	  	2014800055962	  	15-Jul-15	  	2581656	  	11-Aug-17
	EP	  	14703007.6	  	14-Aug-15	  		  	

									
	 COUNTRY
	  	 APP NO.
	  	 FILING DATE
	  	 PATENT NUMBER
	  	 ISSUE DATE

	US	  	14/760,060	  	9-Jul-15	  		  	
	AU	  	2015227440	  	16-Sep-15	  	2015227440	  	30-Mar-17
	CN	  	2015105859497	  	23-Dec-14	  	3045520	  	24-Aug-18
	EP	  	15198373.1	  	8-Dec-15	  		  	
	US	  	14/580,312	  	23-Dec-14	  	9650792	  	16-May-17
	EP	  	1151281	  	12-Jul-00	  	1072659	  	13-Oct-04
	US	  	10/062,616	  	31-Jan-02	  	6572932	  	3-Jun-03
	US	  	10/060,487	  	30-Jan-02	  	6911263	  	28-Jun-05
	AU	  	2016243556	  	6-Nov-17	  		  	
	CN	  	2016800223098	  	16-Oct-17	  		  	
	EP	  	16719581.7	  	14-Nov-17	  		  	
	TW	  	105110285	  	31-Mar-16	  	624366	  	21-May-18
	US	  	14/678,163	  	3-Apr-15	  		  	
	WO	  	PCT/US16/24457	  	28-Mar-16	  		  	
	AU	  	2016243132	  	6-Nov-17	  		  	
	CN	  	2016800229978	  	20-Oct-17	  		  	
	EP	  	16718052	  	14-Nov-17	  		  	
	US	  	15564161	  	3-Oct-17	  		  	
	WO	  	PCT/US16/24462	  	28-Mar-16	  		  	
	US	  	62/142,611	  	3-Apr-15	  		  	
	AU	  	2016243552	  	6-Nov-17	  		  	
	CN	  	2016800226325	  	18-Oct-17	  		  	
	EP	  	16719580.9	  	14-Nov-17	  		  	
	US	  	14/678,183	  	3-Apr-15	  		  	
	WO	  	PCT/US16/24451	  	28-Mar-16	  		  	
	AU	  	2016357732	  	18-Apr-18	  		  	
	CN	  	2016800648806	  	7-May-18	  		  	
	EP	  	16866982.8	  	14-Jun-18	  		  	
	US	  	15776637	  	16-May-18	  		  	
	WO	  	PCT/US2016/062133	  	16-Nov-16	  		  	
	WO	  	PCT/US2017/055060	  	5-Oct-17	  		  	
	WO	  	PCT/US2017/055047	  	4-Oct-17	  		  	
	WO	  	PCT/US2017/055077	  	4-Oct-17	  		  	
	WO	  	PCT/US2017/055089	  	5-Oct-17	  		  	
	WO	  	PCT/US2017/055044	  	5-Oct-17	  		  	
	WO	  	PCT/US2017/055033	  	4-Oct-17	  		  	
	US	  	14/721,724	  	26-May-15	  	9468314	  	18-Oct-16

 Schedule 1.1(m) – Arizona Licensed Trademarks 

ARMSTRONG 
  
 

 

 Schedule 1.1(s) - Company Licensed Patents 

 

											
	 Country
	  	 App.

Status
	  	 App. Number
	  	 Filing Date
	  	 Patent Number
	  	 Issue Date

	US	  	Granted	  	12/425,560	  	17-Apr-09	  	8,357,752	  	22-Jan-13
	US	  	Granted	  	13/741,770	  	15-Jan-13	  	8,617,654	  	31-Dec-13
	CN	  	Published	  	2015109813242	  	23-Dec-15	  		  	
	EP	  	Published	  	15202406.3	  	23-Dec-15	  		  	
	US	  	Granted	  	14/580,347	  	23-Dec-14	  	9,567,755	  	14-Feb-17
	US	  	Pending	  	15/724,391	  	5-Oct-17	  		  	

 Schedule 1.1(u) – Diamond Licensed Trademarks 

DIAMOND 10 
  
 

 

 Schedule 6.1 – Presentation of Arizona Licensed Trademarks 

Armstrong Logo Usage: 
  

	 	1.	 Logo Colors: The Armstrong logo can appear only in black, white or 100% Tungsten. If reversed out white, it
should be on a dark background color. The entire mark must be the same color. The Armstrong logo cannot be used alone. 

  

 
  
 

 
  

	 	2.	 Logo Size: The minimum logo size is 1” or 25mm. In digital formats, the minimum width is 100 pixels at 72
dpi. 

  
 

 

	 	3.	 Clear Space: If the business unit identifier is used below the logo, the clear space is 1⁄2 the diameter of the Armstrong ring on the top, right side and left side and the width of the stem in in the lower case “r” on the bottom.

  
 

 
 If the business unit identifier is used above the logo, the clear space is
1⁄2 the diameter of the Armstrong ring on the right side, left side and bottom and the width of the stem of the lower case “r” on the top. 

 
 

 
  

	 	a.	 There is no clear space defined below the business unit identifier if used below the logo and no clear space
defined above the business unit identifier if used above the logo. 

  

	 	b.	 If the business unit identifier is two lines, the clear space definition applies to the top most line, if used
above, or bottom most line, if used below the Armstrong logo. 

  

	 	4.	 Font: The Armstrong logo is considered art and the font type, spacing, bold, cannot be modified.

  
 

 
  

	 	5.	 Logo Background: The logo should never be used on a busy background or one that does not provide enough
contrast. 

  
 

 

	 	6.	 Logo Direction: The logo can be used on an angle or vertically but must read left to right and top to bottom

  
 

 
  

	 	7.	 Circle A: The Circle A can never be used as a separate graphic element. 

 
 

 
 Notice: 
  

	 	1.	 The trademark should always be distinguishable from surrounding text – at a minimum, the trademark notice
(TM or ®) should be used at least the first time in the text. After first instance, mark should appear with some other distinguishing feature (e.g., different font, all caps, and/or different
color) from the surrounding text. 

  

	 	2.	 Must include notice of AWI Licensing LLC’s ownership of the trademark within the credit notice of the
product, product documentation, or other product communication. (E.g., Armstrong and the Armstrong Logo are registered trademarks of AWI Licensing LLC. 

 Schedule 6.2 – Presentation of Diamond Licensed Trademarks 

Diamond 10® Technology trademark and logo usage: 
  

	1.	 When using Diamond 10® Technology in sentences to identify goods or services: 

 

	 	a.	 Always mark with ® (required for first usage on page) 

 

	 	b.	 Always add a space between Diamond and 10. 

 

	 	c.	 Always keep the entire mark together. 

 

	2.	 Use of Diamond 10® or the Diamond 10® logo must include notice of AFI Licensing LLC’s ownership of
the trademark within the credit notice of the product, product documentation, or other product communication. (E.g., Diamond 10 and the Diamond 10 Technology logo are registered trademarks of AFI Licensing LLC.) 

 

	3.	 Logo Colors: Can appear only in White or 4 Color Process comprised of Morado, Tungsten and Black. If reversed
out White, use only on dark background color for contrast. 

  
 

 
  
 

 
 COLORS 

 

 
  

	4.	 Logo Size: A general guideline for the maximum width of the logo in any application should be the equivalent to
20% of the width of the shortest side. Exceptions may be made for signage and promotional materials. The minimum logo size is 1” or 25mm. In digital formats, the minimum width is 100 pixels at 72 dpi. 

 
 

 

	5.	 Clear Space: The size of the clear space around the logo is determined by the size of the circle of the capital
height of the word diamond. 

  
 

 
  

	6.	 Font: The Diamond 10 Technology logo is considered art and the font type, spacing, bold, cannot be modified.

  
 

 
  

	7.	 Logo Background: The logo should never be used on a busy background or one that does not provide enough
contrast. 

 Exhibit A – Trademark License Agreement 

Attached. 

 Exhibit B – Form of Patent Assignment 

FORM OF PATENT ASSIGNMENT 

This PATENT ASSIGNMENT (the “Assignment”), dated as of December 31, 2018 (the “Effective Date”),
is by and between Armstrong Flooring, Inc., a Delaware corporation (“Seller”) and AFI Licensing LLC, a Delaware limited liability company (“Licensing” and together with Seller, “Assignor”)
and Armstrong Hardwood Flooring Company, a Tennessee corporation (the “Company” or “Assignee”) (each of Assignor and Assignee, a “Party” and collectively, the “Parties”). All
capitalized terms used, but not defined herein, shall have the meanings ascribed to such terms in the Intellectual Property Agreement (defined herein below). 

WHEREAS, Seller and AHF Holding, Inc. (formerly known as Tarzan Holdco, Inc.), a Delaware corporation (“Buyer”) have entered
into that certain Stock Purchase Agreement, dated November 14, 2018 (the “SPA”) and Seller, Buyer and the Company have entered into that certain Intellectual Property Agreement, dated December 31, 2018 (the
“Intellectual Property Agreement”); 
 WHEREAS, pursuant to the SPA, the Seller has agreed to sell and transfer, and the
Buyer has agreed to purchase and acquire, all of Seller’s right, title and interest in and to Armstrong Wood Products, Inc. and the Company Subsidiaries (including the Company) by way of a purchase by Buyer and sale by Seller of the Shares, all
upon the terms and condition set forth therein; and 
 WHEREAS, pursuant to the Intellectual Property Agreement, Assignor has agreed to
sell, convey, assign, and transfer to Assignee all of Assignor’s right, title, and interest in and to the patent applications and registrations set forth on Schedule A hereto (collectively, the “Assigned Patents”). 

NOW, THEREFORE, in consideration of the foregoing recitals, the mutual covenants and conditions contained herein, and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereto agree as follows: 

1.    Conveyance. Assignor does hereby irrevocably sell, convey, grant, set over, assign and transfer to Assignee,
without reservation of any rights, title or interest, all of Assignor’s right, title and interest in and to the Assigned Patents, all rights corresponding to the Assigned Patents throughout the world, and all continuations, continuations-in-part, divisions or renewals thereof, all patents that may be granted therefrom, all reissues, re-exams, or extensions
of such patents, and in and to any applications that have been or shall be filed in any country, and all patents or utility models of countries that may be granted therefrom, for its own use and enjoyment, and for the use and enjoyment of any of
Assignee’s successors and assigns, as the 

 
same would have been held and enjoyed by Assignor if this Assignment had not been made, together with any and all claims or causes of infringement thereof that may have accrued prior to the
effective date of this Assignment, together with the right to bring suit for and/or initiate any proceeding to collect any and all damages arising from said claims or causes of action. Assignee hereby accepts such assignment, transfer and
conveyance. 
 2.    Recordation. Assignor hereby authorizes and requests the Commissioner of Patents and
Trademarks and any other applicable governmental entity or registrar (including any applicable foreign or international office or registrar), to record Assignee as the owner of the Assigned Patents, and to issue any and all Assigned Patents to
Assignee, as assignee of Assignor’s entire right, title and interest in, to, and under the same. Assignee shall have the right to record this Assignment with all applicable governmental authorities and registrars so as to perfect its ownership
of the Assigned Patents. 
 3.    Further Assistance. Upon Assignee’s reasonable request and at
Assignee’s sole cost and expense, Assignor shall (i) provide any further assistance reasonably necessary to effect the assignment of all rights, title and interest in and to the Assigned Patents to Assignee, including, but not limited to,
the execution of any further documents and instruments, and (ii) take such other actions as are reasonably necessary to document the aforesaid assignment and transfer to Assignee. 

4.    No Modification. Nothing contained in this Assignment is intended to or shall be deemed to modify, alter,
amend or otherwise change any of the rights or obligations of Assignor and Assignee and their respective Affiliates under the SPA or the Intellectual Property Agreement. 

5.    Successors and Assigns. This Assignment shall inure to the benefit of and be binding upon the Parties hereto
and their respective successors and permitted assigns. 
 6.    Counterparts. This Assignment may be executed in
any number of counterparts, including by means of email in portable document format (.pdf), each of which when executed shall be deemed to be an original copy of this Assignment and all of which taken together shall constitute one and the same
agreement. 
 7.    Descriptive Headings. The descriptive headings herein are inserted for convenience of
reference only and are not intended to be part of or to affect the meaning or interpretation of this Assignment. 

8.    Governing Law. This Assignment shall be governed by the laws of the State of Delaware, its rules of conflict
of laws notwithstanding. Each Party hereby agrees and consents to be subject to the jurisdiction of the Court of Chancery of the State of Delaware in and for New Castle County, or if the Court of Chancery lacks jurisdiction over such dispute, in any

 
state or federal court having jurisdiction over the matter situated in New Castle County, Delaware, in any Action seeking to enforce any provision of, or based on any matter arising out of or in
connection with, this Assignment or the transactions contemplated hereby. 
 9.    Severability. If any term or
other provision of this Assignment, or any portion thereof, is invalid, illegal or incapable of being enforced by any rule of law or public policy, all other terms and provisions of this Assignment, or the remaining portion thereof, shall
nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any Party. Upon such determination that any such term or other
provision, or any portion thereof, is invalid, illegal or incapable of being enforced, the Parties hereto shall negotiate in good faith to modify this Assignment so as to effect the original intent of the Parties as closely as possible in an
acceptable manner to the end that the transactions contemplated hereby are consummated to the fullest extent possible. 

10.    Authority. Each Party hereby represents that its undersigned representative is authorized and legally
competent to execute this Assignment as a binding and enforceable agreement. 
 [Signature Page Follows] 

 IN WITNESS WHEREOF, the Parties have caused this Assignment to be executed as of the date
above first written by their duly authorized representatives. 
  

			
	SELLER:
	
	  

		
	By:	 	
                     
                    

	Name:	 	
	Title:	 	
	
	LICENSING
	
	  

		
	By:	 	
                     
                    

	Name:	 	
	Title:	 	
	
	Acknowledged and Accepted:
	
	ASSIGNEE:
	
	  

		
	By:	 	
                     
                    

	Name:	 	
	Title:	 	

 SCHEDULE A TO PATENT ASSIGNMENT 

 Exhibit C – Form of Trademark Assignment 

FORM OF TRADEMARK ASSIGNMENT 

This TRADEMARK ASSIGNMENT (the “Assignment”), dated as of December 31, 2018 (the “Effective
Date”), is by and between Armstrong Flooring, Inc., a Delaware corporation (“Seller”) and AFI Licensing LLC, a Delaware limited liability company (“Licensing” and together with Seller,
“Assignor”) and Armstrong Hardwood Flooring Company, a Tennessee corporation (the “Company” or “Assignee”) (each of Assignor and Assignee, a “Party” and collectively, the
“Parties”). All capitalized terms used, but not defined herein, shall have the meanings ascribed to such terms in the Intellectual Property Agreement (defined herein below). 

WHEREAS, Seller and AHF Holding, Inc. (formerly known as Tarzan Holdco, Inc.), a Delaware corporation (“Buyer”) have entered
into that certain Stock Purchase Agreement, dated November 14, 2018 (the “SPA”) and Seller, Buyer and the Company have entered into that certain Intellectual Property Agreement, dated December 31, 2018 (the
“Intellectual Property Agreement”); 
 WHEREAS, pursuant to the SPA, the Seller has agreed to sell and transfer, and the
Buyer has agreed to purchase and acquire, all of Seller’s right, title and interest in and to the Company and the Company Subsidiaries (including the Company) by way of a purchase by Buyer and sale by Seller of the Shares, all upon the terms
and condition set forth therein; and 
 WHEREAS, pursuant to the Intellectual Property Agreement, Assignor has agreed to sell, convey,
assign, and transfer to Assignee all of Assignor’s right, title, and interest in and to the trademarks applications and registrations set forth on Schedule A hereto (collectively, the “Assigned Marks”). 

NOW, THEREFORE, in consideration of the foregoing recitals, the mutual covenants and conditions contained herein, and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereto agree as follows: 

11.    Conveyance. Assignor does hereby irrevocably sell, convey, grant, set over, assign and transfer to Assignee,
without reservation of any rights, title or interest, all of Assignor’s worldwide and universal rights, title and interest in and to the Assigned Marks, including, but not limited to, the applications and registrations therefor which are
identified in Schedule A attached hereto, together with the goodwill of the business symbolized by such Assigned Marks, the same to be held and enjoyed by Assignee, for its own use and enjoyment, and for the use and enjoyment of any of
Assignee’s successors and assigns, as the same would have been held and enjoyed by Assignor if this Assignment had not been made, including, but not limited to, all common-law rights of Assignor in and/or
to the Assigned Marks, and 

 
Assignor’s right to sue for all claims, demands and/or causes of action, both at law and in equity, that Assignor may have on account of any infringement, claim of unfair competitions,
likelihood of confusion or dilution of the Assigned Marks or any other claim or cause of action related to the Assigned Marks prior to and following the effective date of this Assignment. Assignor further assigns to Assignee the right to sue and
recover damages and/or profits for claims of past, present and/or future infringement, unfair competition, dilution, or any other violation or unlawful act relating to the Assigned Marks, if any. Assignee hereby accepts such grant, assignment,
transfer and conveyance. 
 12.    Recordation. Assignor hereby authorizes and requests the Commissioner of
Patents and Trademarks and any other applicable governmental entity or registrar (including any applicable foreign or international office or registrar), to record Assignee as the owner of the Assigned Marks, and to issue any and all Assigned Marks
to Assignee, as assignee of Assignor’s entire right, title and interest in, to, and under the same. Assignee shall have the right to record this Assignment with all applicable governmental authorities and registrars so as to perfect its
ownership of the Assigned Marks. 
 13.    Further Assistance. Upon Assignee’s reasonable request and at
Assignee’s sole cost and expense, Assignor shall (i) provide any further assistance reasonably necessary to effect the assignment of all rights, title and interest in and to the Assigned Marks to Assignee, including, but not limited to,
the execution of any further documents and instruments, and (ii) take such other actions as are reasonably necessary to document the aforesaid assignment and transfer to Assignee. 

14.    No Modification. Nothing contained in this Assignment is intended to or shall be deemed to modify, alter,
amend or otherwise change any of the rights or obligations of Assignor and Assignee and their respective Affiliates under the SPA or the Intellectual Property Agreement. 

15.    Successors and Assigns. This Assignment shall inure to the benefit of and be binding upon the Parties hereto
and their respective successors and permitted assigns. 
 16.    Counterparts. This Assignment may be executed in
any number of counterparts, including by means of email in portable document format (.pdf), each of which when executed shall be deemed to be an original copy of this Assignment and all of which taken together shall constitute one and the same
agreement. 
 17.    Descriptive Headings. The descriptive headings herein are inserted for convenience of
reference only and are not intended to be part of or to affect the meaning or interpretation of this Assignment. 

 18.    Governing Law. This Assignment shall be governed by the
laws of the State of Delaware, its rules of conflict of laws notwithstanding. Each Party hereby agrees and consents to be subject to the jurisdiction of the Court of Chancery of the State of Delaware in and for New Castle County, or if the Court of
Chancery lacks jurisdiction over such dispute, in any state or federal court having jurisdiction over the matter situated in New Castle County, Delaware, in any Action seeking to enforce any provision of, or based on any matter arising out of or in
connection with, this Assignment or the transactions contemplated hereby. 
 19.    Authority. Each Party hereby
represents that its undersigned representative is authorized and legally competent to execute this Assignment as a binding and enforceable agreement. 

20.    Severability. If any term or other provision of this Assignment, or any portion thereof, is invalid, illegal
or incapable of being enforced by any rule of law or public policy, all other terms and provisions of this Assignment, or the remaining portion thereof, shall nevertheless remain in full force and effect so long as the economic or legal substance of
the transactions contemplated hereby is not affected in any manner materially adverse to any Party. Upon such determination that any such term or other provision, or any portion thereof, is invalid, illegal or incapable of being enforced, the
Parties hereto shall negotiate in good faith to modify this Assignment so as to effect the original intent of the Parties as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are consummated to the
fullest extent possible. 
 [Signature Page Follows] 

 IN WITNESS WHEREOF, the Parties have caused this Assignment to be executed as of the date
above first written by their duly authorized representatives. 
  

			
	SELLER:
	
	
                     
                                        

		
	By:	 	
                     
                    

	Name:	 	
	Title:	 	
	
	LICENSING:
	
	  

		
	By:	 	  

	Name:	 	
	Title:	 	
	
	Acknowledged and Accepted:
	
	ASSIGNEE:
	
	  

		
	By:	 	  

	Name:	 	
	Title:	 	

 SCHEDULE A TO TRADEMARK ASSIGNMENT

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