Document:

Exhibit 10.1

ASSET PURCHASE AGREEMENT

 

 

This Asset Purchase Agreement (the "Agreement") is effective 15/07/2015

 

 

	BETWEEN:	Lazaraus Resources Pty Ltd (ACN 152 969 901)   (the "Vendor"), an Australian Registered Proprietary Company, Limited by Shares, registered under the Corporations Act 2001, with its main office located at:

 

108 Outram Street, West Perth, WA, 6005

 

 

	AND:	Panex Resources WA Pty Ltd (ACN 607 016 491) (the "Purchaser"), an Australian Registered Proprietary Company, Limited by Shares, registered under the Corporations Act 2001, and a 100% owned subsidiary of Panex Resources Incorp. USA, with its main office located at:

 

Level 1, Suit 5, 55 Salvado Road, Subiaco, WA, 6008

 

WHEREAS the Purchaser desires to purchase, and Vendor desires to sell, some assets, rights and interests as described in Schedule A hereof (the "Purchased Assets") in accordance with the terms, conditions and agreements hereinafter contained.

 

NOW THEREFORE, the parties agree as follows:

 

 

1.  SALE AND PURCHASE

 

	1.1	Purchased Assets: Upon and subject to the terms and conditions hereof, the Vendor sells to the Purchaser and the Purchaser purchases from the Vendor, as of the Effective Date and conditional upon the Purchased Assets being free and clear of any liens or encumbrances and all statutory reporting up to date including but not limited to Form 5 expenditure reports and rates and taxes.

	1.2	Documentation: The Vendor shall promptly provide the Purchaser with all relevant technical documentation available to the Vendor regarding the Purchased Assets including, but not limited to, documentation that is necessary to operate the Purchased Assets.

	1.3	Purchase Price: The purchase price payable by the Purchaser to the Vendor for the Purchased Assets is AUD$3,000.00 (the "Purchase Price"). For all purposes, including for income tax purposes, the parties agree to allocate the Purchase Price in accordance with the provisions of Schedule A.

	1.4	Effective Date: The sale and purchase of the Purchased Assets shall be conditional upon the lodgment of annual Form 5 expenditure reports, payment of any taxes and rates due and any third party invoices related to the Assets, and shall be effective upon the date (the "Effective Date") of provision of a stamped copy of the lodged Transfer Form 23, which shall be no later than 24 July 2015, failing which this Agreement shall become null and void, the Purchase Price shall be returned to the Purchaser if paid and the Purchased Assets shall be returned to the Vendor if transferred. In such a case, no party shall be

entitled to any compensation other than the return of the Purchase Price and Purchased Assets.

	1.5	Assumed Obligations: The Purchaser shall assume all ongoing costs associated with the Assets from the Effective Date including Mines Department obligations and rates and taxes

	1.6	Excluded Obligations: Except for the Assumed Obligations or as expressly provided herein, the Purchaser is not assuming any past, present and future indebtedness, liabilities, obligations, contracts and commitments of the Vendor, whether arising out of or resulting from the Purchased Assets.

	1.7	Sales and Transfer Taxes: The Purchaser shall pay any and all federal, provincial or local taxes, in the nature of income, sale, use, transfer, gain, recording and any similar tax, fee or duty required to be paid in respect of the assignment or transfer to the Purchaser of the Purchased Assets and the filing and recording thereof, including without limitation tax on the Purchase Price.

 

 

2.                   REPRESENTATIONS AND WARRANTIES OF THE VENDOR

 

The Vendor represents and warrants as at the date hereof to the Purchaser as follows and acknowledges that the Purchaser is relying on such representations and warranties in connection with its purchase of the Purchased Assets.

	2.1	Organization: The Vendor is a resident of Western Australia, subsisting under the laws of Western Australia and has the legal authority to own the property and to enter into this Agreement and to perform its obligations hereunder.

	2.2	Due Authorization: The execution of this Agreement has been duly authorized, executed and delivered by the Vendor and constitutes legal, valid and binding obligations of the Vendor, enforceable against the Vendor in accordance with its terms.

	2.3	Title To The Assets: The Purchased Assets are owned by the Vendor with a good and valid title, free and clear of any and all encumbrances.

	2.4	Residency: The Vendor is a resident of Australia for the purposes of the Income Tax Act of Australia.

 

 

3.                   REPRESENTATIONS AND WARRANTIES OF THE PURCHASER

 

The Purchaser hereby represents and warrants as at the date hereof to the Vendor as follows and acknowledges that the Vendor is relying on such representations and warranties in connection of the sale of the Purchased Assets.

	3.1	Organization: The Purchaser is a corporation duly incorporated and organized and validly subsisting under the laws of Nevada, USA and has the corporate power to own the property and to enter into this Agreement and to perform its obligations hereunder.

	3.2	Due Authorization: The execution of this Agreement has been duly authorized, executed and delivered by the Purchaser and constitutes legal, valid and binding obligations of the Purchaser, enforceable against the Purchaser in accordance with its terms.

	4.	
SURVIVAL OF REPRESENTATIONS AND WARRANTIES

 

	
4.1

	Survival of Representations and Warranties. The representations and warranties contained herein will survive the completion of the sale and purchase of the Purchased Assets herein for a period of one year.

 

 

5.                   GENERAL

 

	
 

5.1

	Independent Contractor: This Agreement shall not constitute either party the agent or legal representative of the other party for any purpose.

	5.2	Entire Agreement: The parties agree that this Agreement constitutes a complete and exclusive statement of the terms and conditions between them covering the performance thereof and cannot be altered, amended or modified except in writing executed by the parties to be bound thereby. This Agreement supersedes all prior negotiations, agreements and communications, written or oral, between the parties with respect to the subject matter hereof.

	5.3	Headings: The headings in this Agreement are for convenience of reference only and shall not affect the construction or interpretation hereof.

	5.4	Invalidity: If any of the provision contained in this Agreement are found by a court of competent jurisdiction to be invalid, illegal or unenforceable in any respect, the validity, legality or enforceability of the remaining provisions contained herein shall not be in any way affected or impaired thereby.

	5.5	Further Assurances: Each of the parties hereto will cooperate with the other and execute and deliver to the other parties hereto such other instruments and documents and take such other actions as may be reasonably requested from time to time by the other party as necessary to carry-out, evidence and confirm the intended purposes of this Agreement.

	5.6	Successors and Assigns: All obligations set forth in this Agreement will bind and inure to the benefit of the respective successors and permitted assigns of the parties whether expressed or not. This Agreement and any rights pursuant hereto shall not be assignable by the parties without the prior written consent of the other party.

	5.7	Notices: Any notice, report, demand, waiver, consent or other communication given by a party under this Agreement shall be in writing and shall be deemed to be duly given (i) when personally delivered, or (ii) upon delivery by overnight courier service which provides evidence of delivery or (iii) when 3 days have elapsed after its transmittal by registered or certified mail, postage prepaid, return-receipt requested, addressed to the party to whom directed at the party's address as it appears above or another address of which that party has given notice.

	5.8	Governing Law: This Agreement shall be governed by and construed in accordance with the domestic laws of the Western Australia and the laws of Australia applicable. The parties hereto expressly agree that any dispute or controversy arising out of or relating to this Agreement including the interpretation, execution or breach thereof, arising in the course of or following its performance, shall be brought before a competent court located in the Western Australia of Australia.

 

IN WITNESS WHEREOF, each party to this agreement has caused it to be executed at [place of execution] on the date indicated above.

	
EXECUTED by

LAZARUS RESOURCES PTY LTD

ACN 152 969 901

in accordance with Section 127 of the Corporations Act 2001

 

 

/s/ ROBERT JEWSON                                                        

Sole Director

 

 

Robert Jewson                                                                      

Name of Director/Company Secretary

 

	
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/s/ STEVEN BRUSON-HAYNES                                       

Witness

 

Steven Bruson-Haynes

10B Kate St, East Vic Park, WA 6101                                 

Name & Address of Witness

	
EXECUTED by

PANEX RESOURCES WA PTY LTD

ACN 607 016 491

in accordance with Section 127 of the Corporations Act 2001

 

 

/s/ CRAIG NELMES                                                           

Director/Company Secretary

 

 

CRAIG NELMES                                                                

Name of Director/Company Secretary

(BLOCK LETTERS)

 

	
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/s/ NIGEL FERGUSON                                                       

Director

 

 

NIGEL FERGUSON                                                            

Name of Director (BLOCK LETTERS)

SCHEDULE A

ASSETS, RIGHTS AND INTERESTS

 

 

Assets

 

1.            Inventory: Exploration Licence E80/4675 located some 85km SW of Halls Creek in the Kimberley Mineral Field of Western Australia

 

2.            All data reports and technical information related to E80/4675 including copies of all regulatory reporting; metadata files and databasesEX-4.14

 Exhibit 4.14 

JOINDER TO GUARANTEE 
 JOINDER TO
GUARANTEE (this “Joinder”) dated as of December 21, 2015, made by entities identified on the signature pages hereto (each a “New Guarantor” and together, the “New Guarantors”) in favor of THE
BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as successor to The Bank of New York, as trustee under the Safeway Indenture referred to below (the “Trustee”), for itself and for the benefit of the holders of the Guaranteed Notes (as
defined below). 
 WITNESSETH: 

WHEREAS Albertsons Companies, LLC (as successor by merger to Albertson’s Holdings LLC) and certain of its subsidiaries (the
“Existing Guarantors”) entered into or subsequently became a party to the Guarantee dated as of January 30, 2015 in favor of the Trustee (as amended, amended and restated, supplemented or otherwise modified from time to time,
the “Guarantor”), providing for the guarantee of the obligations of Safeway, Inc. a Delaware corporation (“Safeway”) with respect to the 3.4% Senior Notes due 2016 (the “Guaranteed Notes”) issued
pursuant to the Indenture dated as of September 10, 1997 (the “Safeway Indenture”) between Safeway and the Trustee; and 

WHEREAS Section 7 of the Guarantee provides that under certain circumstances the New Guarantors are required to execute and deliver to
the Trustee a joinder to the Guarantee pursuant to which each New Guarantor shall unconditionally guarantee the Guaranteed Notes pursuant to the Guarantee on the terms and conditions set forth herein; and 

NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged,
each New Guarantor, covenants and agrees for the equal and ratable benefit of the Trustee and the holders of the Guaranteed Notes follows: 

1. Defined Terms. As used in this Joinder , terms defined in the Guarantee hereto are used herein as therein defined. The words
“herein,” “hereof”’ and “hereby” and other words of similar import used in this Joinder refer to this Joinder as a whole and not to any particular section hereof. 

2. Agreement to Guarantee. Each New Guarantor hereby agrees, jointly and severally with all Existing Guarantors (if any), to
unconditionally guarantee the Guaranteed Obligations on the terms and subject to the conditions set forth in the Guarantee and to be bound by all other applicable provisions of the Guarantee and to perform all of the obligations and agreements of a
Guarantor under the Guarantee. 
 3. Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as expressly amended
hereby, the Guarantee is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Joinder shall form a part of the Guarantee for all purposes, and every Holder of
Guaranteed Notes heretofore or hereafter authenticated and delivered shall be bound hereby. 

 4. Notices. All notices or other communications to the New Guarantors shall be given as
provided in Section 9 of the Guarantee. 
 5. Governing Law. THIS JOINDER SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 6. Counterparts. The New Guarantors may sign any number of copies of this
Joinder. Each signed copy shall be an original, but all of them together represent the same agreement. 
 7. Effect of Headings. The
Section headings herein are for convenience only and shall not affect the construction thereof. 
 [Remainder of page intentionally left
blank] 

  
 2 

 IN WITNESS WHEREOF, the party hereto has caused this Joinder to be duly executed as of the date
first above written. 
  

					
	ALBERTSONS COMPANIES, LLC
		
	By:	 	/s/ Robert Dimond
		 	Name:	 	Robert Dimond
		 	Title:	 	Executive Vice President and Chief Financial Officer

  

					
	NEW ALBERTSON’S, INC.
		
	By:	 	/s/ James Perkins
		 	Name:	 	James Perkins
		 	Title:	 	President & Chief Operating Officer

  
 Joinder for 2016
Notes 

 
					
	 ABS FINANCE CO., INC.
 ACME MARKETS,
INC.
 AMERICAN DRUG STORES LLC
 AMERICAN PARTNERS, L.P.

AMERICAN PROCUREMENT AND LOGISTICS COMPANY LLC
 AMERICAN STORES
COMPANY, LLC
 APLC PROCUREMENT, INC.
 ASC MEDIA SERVICES,
INC.
 ASP REALTY, INC.
 CLIFFORD W. PERHAM, INC.

JETCO PROPERTIES, INC.
 JEWEL COMPANIES, INC.

JEWEL FOOD STORES, INC.
 LUCKY STORES LLC

OAKBROOK BEVERAGE CENTERS, INC.
 SHAW EQUIPMENT CORPORATION

SHAW’S REALTY CO.
 SHAW’S SUPERMARKETS, INC.

SSM HOLDINGS COMPANY
 STAR MARKETS COMPANY, INC.

STAR MARKETS HOLDINGS, INC.
 WILDCAT MARKETS OPCO LLC

NAI SATURN EASTERN LLC

		
	By:	 	/s/ Gary Morton
		 	Name:	 	Gary Morton
		 	Title:	 	Vice President, Treasurer & Assistant Secretary

  

					
	SHAW’S REALTY TRUST
		
	By:	 	/s/ Gary Morton
		 	Name:	 	Gary Morton
		 	Title:	 	Trustee

  
 Joinder for 2016
Notes

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