Document:

Purchase Agreement

 Exhibit 10.1 
 CROWN HOLDINGS, INC. 
 ISSUANCE BY 

CROWN AMERICAS, LLC 
 and 
 CROWN AMERICAS CAPITAL CORP. IV 

OF 
 $800,000,000 4 1/2% Senior Notes due 2023 
 Purchase Agreement 
 January 3, 2013 

Deutsche Bank Securities Inc. 

As Representative of the several Initial 
 Purchasers named in Schedule I hereto 
 c/o Deutsche Bank Securities Inc. 

60 Wall Street 
 New York, New York 10005

 Ladies and Gentlemen: 
 Crown Holdings, Inc., a Pennsylvania corporation (“Holdings”), and the indirect parent company of Crown Americas, LLC, a Pennsylvania limited liability company (the
“Company”) and Crown Americas Capital Corp. IV, a Delaware Corporation (“Crown Americas Capital IV”), proposes that the Company and Crown Americas Capital IV issue and sell to the several purchasers named in
Schedule I hereto (the “Initial Purchasers”), for whom Deutsche Bank Securities Inc. (the “Representative”) is acting as representative, $800,000,000 aggregate principal amount of their 4 1/2% Senior Notes due 2023 (the “Notes”). The Notes will be issued pursuant to an indenture to be dated as of January 9, 2013 (the “Indenture”) among the Company, Crown
Americas Capital IV, Holdings, as guarantor, the other guarantors named in Schedule II hereto (together with Holdings, the “Guarantors” and, together with the Company and Crown Americas Capital IV, the
“Issuers”) and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”). The Notes will have the benefit of the guarantees (the “Guarantees” and, together with the Notes, the
“Securities”) provided for in the Indenture. The use of the neuter in this Agreement shall include the feminine and masculine wherever appropriate. Certain terms used herein are defined in Section 18 hereof. 

Holders of the Securities will also have the benefit of a registration rights agreement to be dated as of January 9, 2013 (the
“Registration Rights Agreement”) among the Issuers and the Representative. Pursuant to the Registration Rights Agreement, the Issuers will agree to register the Securities under the Act subject to the terms and conditions therein
specified. 

 This Agreement, the Securities, the Indenture, the Registration Rights Agreement, and the
agreements and instruments to which Holdings or any of its subsidiaries is a signatory relating to the issuance of the Securities contemplated hereby, collectively, are referred to herein as the “Transaction Documents”. 

The sale of the Securities to the Initial Purchasers will be made without registration of the Securities under the Act in reliance upon
exemptions from the registration requirements of the Act. 
 In connection with the sale of the Securities, the Issuers have
prepared a preliminary offering memorandum dated January 3, 2013 (including the information incorporated by reference therein, the “Preliminary Memorandum”), setting forth or including a description of the terms of the
Securities, the terms of the offering of the Securities, a description of the Issuers and any material developments relating to the Issuers occurring after the date of the most recent historical financial statements included therein. As used herein,
“Pricing Disclosure Package” shall mean the Preliminary Memorandum, as supplemented or amended by the written communications listed on Annex A hereto in the most recent form that has been prepared and delivered by the Issuers
to the Initial Purchasers in connection with their solicitation of offers to purchase Securities prior to the time when sales of the Securities were first made (the “Time of Execution”). Promptly after the Time of Execution and in
any event no later than the second Business Day following the Time of Execution, the Issuers will prepare and deliver to the Initial Purchasers a final offering memorandum (including the information incorporated by reference therein, the
“Final Memorandum”), which will consist of the Preliminary Memorandum with such changes therein as are required to reflect the information contained in the amendments or supplements listed on Annex A hereto. The Issuers
hereby confirm that they have authorized the use of the Pricing Disclosure Package, the Final Memorandum and the Recorded Road Show (defined below) in connection with the offer and sale of the Securities by the Initial Purchasers. 

1. Representations and Warranties. As of the Time of Execution and at the Closing Date (as defined in Section 3 below), the
Issuers, jointly and severally, represent and warrant to and agree with each of the Initial Purchasers as follows (references in this Section 1 to the “Offering Memorandum” are to (i) the Pricing Disclosure Package in the
case of representations and warranties made as of the Time of Execution and (ii) both the Pricing Disclosure Package and the Final Memorandum in the case of representations and warranties made at the Closing Date): 

(a) The Preliminary Memorandum, at the date thereof, did not contain any untrue statement of a material fact or omit to
state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading. At the Time of Execution, the Pricing Disclosure Package does not, and on the Closing Date, will not, and
the Final Memorandum as of its date and on the Closing Date will not, contain any untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they
were made, not misleading; provided, however, that the Issuers make no 

  
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representation or warranty as to the information contained in or omitted from the Pricing Disclosure Package and Final Memorandum, in reliance upon and in conformity with information furnished in
writing to the Issuers by or on behalf of the Initial Purchasers specifically for inclusion therein. The Issuers have not distributed or referred to and will not distribute or refer to any written communications (as defined in Rule 405 of the Act)
that constitutes an offer to sell or solicitation of an offer to buy the Securities (each such communication by the Issuers or their agents and representatives (other than the Pricing Disclosure Package and Final Memorandum) an “Issuer
Written Communication”) other than the Pricing Disclosure Package, the Final Memorandum and the recorded electronic road show made available to investors (the “Recorded Road Show”). Any information in an Issuer Written
Communication that is not otherwise included in the Pricing Disclosure Package and the Final Memorandum does not conflict with the Pricing Disclosure Package or the Final Memorandum, and each Issuer Written Communication, when taken together with
the Pricing Disclosure Package, does not at the Time of Execution and, when taken together with the Final Memorandum at the Closing Date, will not contain any untrue statement of a material fact or omit to state any material fact necessary in order
to make the statements therein, in the light of the circumstances under which they were made, not misleading. 

(b) None of the Issuers or their respective Affiliates, or any person acting on behalf of any of them (other than the
Initial Purchasers, as to which the Issuers make no representation or warranty), has, directly or indirectly, made offers or sales of any security, or solicited offers to buy any security, under circumstances that would require the registration of
the Securities under the Act. Assuming the accuracy of the representations and warranties of the Initial Purchasers in Section 4 of this Agreement, it is not necessary in connection with the offer, sale and delivery of the Securities to the
Initial Purchasers or the initial resale of the Securities by the Initial Purchasers, in each case, in the manner contemplated by this Agreement, to register any of the Securities under the Act or to qualify the Indenture under the Trust Indenture
Act. 
 (c) None of the Issuers or their respective Affiliates, or any person acting on behalf of any of them
(other than the Initial Purchasers, as to which the Issuers make no representation or warranty), has engaged in any form of general solicitation or general advertising (within the meaning of Regulation D) in connection with any offer or sale of
the Securities in the United States. 
 (d) The Securities satisfy the eligibility requirements of Rule
144A(d)(3) under the Act. 
 (e) None of the Issuers or their respective Affiliates, or any person acting on
behalf of any of them (other than the Initial Purchasers, as to which the Issuers make no representation or warranty), has engaged in any “directed selling efforts” with respect to the Securities, and each of the Issuers and their
respective Affiliates has complied with the “offering restrictions” requirement of Regulation S. Terms used in this paragraph have the meanings given to them by Regulation S. 

  
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 (f) No securities of any of the Issuers are of the same class (within the
meaning of Rule 144A under the Act) as any of the Securities and listed on a national securities exchange registered under Section 6 of the Exchange Act or quoted in a U.S. automated inter-dealer quotation system. 

(g) None of the transactions contemplated by this Agreement (including, without limitation, the use of the proceeds from
the sale of the Securities), will violate or result in a violation of Section 7 of the Exchange Act, or any regulation promulgated thereunder, including, without limitation, Regulations T, U or X of the Board of Governors of the Federal
Reserve System. 
 (h) None of the Issuers or their respective subsidiaries is, and after giving effect to the
offering and sale of the Securities and the application of the proceeds thereof as described in the Offering Memorandum none of them will be, required to register as an “investment company” or a company “controlled by” an
“investment company” within the meaning of the Investment Company Act. 
 (i) Holdings is subject to
the reporting requirements of, and has timely filed all material required to be filed by it pursuant to, Section 13 or Section 15(d) of the Exchange Act. 

(j) None of the Issuers or their respective Affiliates has paid or agreed to pay to any person any compensation for
soliciting another to purchase any securities of any of them (except as contemplated by this Agreement). 
 (k)
None of the Issuers or their respective Affiliates has taken, directly or indirectly, any action designed to cause or which has constituted or which might reasonably be expected to cause or result, under the Exchange Act or otherwise, in the
stabilization or manipulation of the price of any security of any of them to facilitate the sale or resale of the Securities. 
 (l) The information to be provided by the Issuers pursuant to Section 5(h) hereof will not, at the date thereof, contain any untrue statement of a material fact or omit to state any material fact
necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading. 
 (m) The statements in the Offering Memorandum set forth or referenced under the headings “Crown’s Business—Legal Proceedings”, “Description of Certain Indebtedness”,
“Description of the Notes”, “Exchange Offer; Registration Rights” and “Certain Material U.S. Federal Income Tax Considerations” fairly summarize the matters therein described. 

(n) The statistical and market-related data included in the Offering Memorandum are based on or derived from sources which
the Issuers believe to be reliable and accurate in all material respects. 
 (o) There are no contracts,
agreements or other documents or pending legal or governmental proceedings to which any of the Issuers or their respective subsidiaries is a 

  
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party or any property of any of the Issuers or their respective subsidiaries is subject that would be required to be described in a prospectus under the Act that have not been described in the
Offering Memorandum. The contracts, agreements and other documents so described in the Offering Memorandum are in full force and effect on the date of this Agreement. None of the Issuers or their respective subsidiaries or, to the knowledge of any
Issuer, any other party is in breach of or default under any such contracts, agreements or other documents, other than a breach or default that would not reasonably be expected to have a material adverse effect on (i) the issue and sale of the
Securities or the consummation of the other transactions contemplated by the Transaction Documents (including, without limitation, the application of the proceeds from the issuance of the Securities) or (ii) the condition (financial or
otherwise), prospects, earnings, business or properties of Holdings and its subsidiaries, taken as a whole, whether or not arising from transactions in the ordinary course of business (“Material Adverse Effect”). 

(p) Holdings and each of its subsidiaries has been duly organized and is validly existing as a corporation or other legal
entity in good standing under the laws of the jurisdiction in which it is organized, with full corporate or other statutory power and authority to own or lease, as the case may be, and operate its properties and conduct its business as described in
the Offering Memorandum. Holdings and each of its subsidiaries is duly qualified to do business as a foreign corporation or other legal entity and is in good standing under the laws of each jurisdiction which requires such qualification, except
where the failure to do so qualify or be in good standing would not reasonably be expected to result in a Material Adverse Effect. 
 (q) All the outstanding shares of capital stock of each subsidiary of Holdings have been duly and validly authorized and issued and are fully paid and except as set forth in the Offering Memorandum, all
outstanding shares of capital stock of such subsidiaries are owned by Holdings, either directly or through wholly owned subsidiaries, free and clear of any perfected security interest or any other security interests, claims, liens or encumbrances,
except for any such perfected security interests, or other security interests, claims, liens or encumbrances described in the Offering Memorandum or that would not reasonably be expected to result in a Material Adverse Effect or an Event of Default
(as defined in the Indenture). 
 (r) Holdings’ capitalization is as set forth in the “Actual”
column of the table set forth under the heading “Capitalization” in the Offering Memorandum. On the Closing Date, Holdings’ capitalization will be consistent in all material respects with the “As Adjusted” column of the
table set forth under the heading “Capitalization” in the Offering Memorandum. 
 (s) This Agreement
has been duly authorized, executed and delivered by each Issuer and, assuming the due authorization, execution and delivery thereof by the Initial Purchasers, will constitute the legal, valid and binding obligation of each Issuer, enforceable
against such Issuer in accordance with its terms (except that the enforcement thereof may be subject to applicable bankruptcy, reorganization, insolvency, fraudulent conveyance, moratorium or other laws of general applicability affecting
creditors’ rights generally from time to time in effect and to general principles of equity and the discretion 

  
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of the court before which any proceeding therefor may be brought regardless of whether such enforcement is considered in a proceeding at law or in equity and except that any rights to indemnity
and contribution further may be limited or prohibited by Federal or state securities laws and public policy considerations). 
 (t) The Indenture has been duly authorized by each of the Issuers and, assuming the due authorization, execution and delivery thereof by the Trustee, when executed and delivered by each of the Issuers,
will constitute the legal, valid and binding obligation of each of the Issuers, enforceable against each of the Issuers in accordance with its terms (except that the enforcement thereof may be subject to applicable bankruptcy, reorganization,
insolvency, fraudulent conveyance, moratorium or other laws of general applicability affecting creditors’ rights generally from time to time in effect and to general principles of equity and the discretion of the court before which any
proceeding therefor may be brought regardless of whether such enforcement is considered in a proceeding at law or in equity). The Indenture meets the requirements for qualification under the Trust Indenture Act. 

(u) The Notes have been duly authorized by the Company and Crown Americas Capital IV and, when executed and authenticated
in accordance with the provisions of the Indenture and delivered to and paid for by the Initial Purchasers in accordance with the terms hereof, will have been duly executed and delivered by the Company and Crown Americas Capital IV and will
constitute the legal, valid and binding joint and several obligations of the Company and Crown Americas Capital IV, entitled to the benefits of the Indenture and enforceable against the Company and Crown Americas Capital IV in accordance with their
terms (except that the enforcement thereof may be subject to applicable bankruptcy, reorganization, insolvency, fraudulent conveyance, moratorium or other laws of general applicability affecting creditors’ rights generally from time to time in
effect and to general principles of equity and the discretion of the court before which any proceeding therefor may be brought regardless of whether such enforcement is considered in a proceeding at law or in equity). 

(v) The Guarantees have been duly authorized by the Guarantors and, when the Notes have been executed in accordance with
the provisions of the Indenture, will have been duly executed and delivered by the Guarantors and will constitute legal, valid and binding obligations of the Guarantors, entitled to the benefits of the Indenture and enforceable against the
Guarantors in accordance with their terms (except that the enforcement thereof may be subject to applicable bankruptcy, reorganization, insolvency, fraudulent conveyance, moratorium or other laws of general applicability affecting creditors’
rights generally from time to time in effect and to general principles of equity and the discretion of the court before which any proceeding therefor may be brought regardless of whether such enforcement is considered in a proceeding at law or in
equity). 
 (w) The Registration Rights Agreement has been duly authorized by each of the Issuers and, assuming
the due authorization, execution and delivery thereof by the Representative when executed and delivered by each of the Issuers, will constitute the legal, valid and binding obligation of each of the Issuers, enforceable against each of the Issuers
in accordance with its terms (except that the enforcement thereof may be subject 

  
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to applicable bankruptcy, reorganization, insolvency, fraudulent conveyance, moratorium or other laws of general applicability affecting creditors’ rights generally from time to time in
effect and to general principles of equity and the discretion of the court before which any proceeding therefor may be brought regardless of whether such enforcement is considered in a proceeding at law or in equity and except that any rights to
indemnity and contribution further may be limited or prohibited by Federal or state securities laws and public policy considerations). 
 (x) No holder of securities of any of the Issuers will be entitled to have such securities registered under the registration statements required to be filed by the Issuers pursuant to the Registration
Rights Agreement other than as expressly permitted thereby. 
 (y) Each other Transaction Document has been duly
authorized by each Issuer a party thereto and, assuming the due authorization, execution and delivery thereof by the other parties thereto, when executed and delivered by each such Issuer will constitute the legal, valid and binding obligation of
each such Issuer, enforceable against each such Issuer in accordance with its terms (except that the enforcement thereof may be subject to applicable bankruptcy, reorganization, insolvency, fraudulent conveyance, moratorium or other laws of general
applicability affecting creditors’ rights generally from time to time in effect and to general principles of equity and the discretion of the court before which any proceeding therefor may be brought regardless of whether such enforcement is
considered in a proceeding at law or in equity and except that any rights to indemnity and contribution further may be limited or prohibited by Federal or state securities laws and public policy considerations). 

(z) The documents (or portions thereof) incorporated by reference in the Offering Memorandum when they became effective or
were filed with the Commission, as the case may be, complied as to form in all material respects with the requirements of the Act or the Exchange Act, as applicable, and none of such documents contained an untrue statement of a material fact or
omitted to state a material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading. 
 (aa) No consent, approval, authorization, filing with or order of any court or governmental agency or body is required in connection with the transactions contemplated by any of the Transaction Documents,
except (i) in the case of compliance with the terms of the Registration Rights Agreement such as will be obtained under the Act and the Trust Indenture Act, (ii) such as may be required under the blue sky laws of any state in connection
with the purchase and distribution of the Securities by the Initial Purchasers in the manner contemplated herein and in the Offering Memorandum and the Registration Rights Agreement, and except where the failure to obtain the same would not
reasonably be expected to have a Material Adverse Effect. 
 (bb) None of the execution and delivery by any of
the Issuers party thereto of any of the Transaction Documents, the issue and sale of the Securities, the consummation of the other transactions contemplated by the Transaction Documents (including, without limitation, the application of the proceeds
from the issuance of the Securities) will 

  
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conflict with, result in a breach or violation or imposition of any lien, charge or encumbrance upon any property or assets of any of the Issuers or their respective subsidiaries pursuant to
(i) the organizational documents of Holdings or any of its subsidiaries; (ii) the terms of any indenture, contract, lease, mortgage, deed of trust, note agreement, loan agreement, credit agreement or other agreement, obligation, condition,
covenant or instrument to which Holdings or any of its subsidiaries is a party or bound or to which any property or assets of Holdings or any of its subsidiaries is subject; or (iii) any statute, law, rule, regulation, judgment, order or decree
applicable to Holdings or any of its subsidiaries or any property or assets of Holdings or any of its subsidiaries of any court, regulatory body, administrative agency, governmental body, arbitrator or other authority having jurisdiction over
Holdings or any of its subsidiaries or property or assets of any of its subsidiaries, except, in the case of clauses (ii) and (iii) above, as would not reasonably be expected to have a Material Adverse Effect or to materially adversely
affect the rights of the holders of the Securities or of the Initial Purchasers under the Transaction Documents. 

(cc) The consolidated historical financial statements and schedules of Holdings and its consolidated subsidiaries included
in the Offering Memorandum present fairly in all material respects the financial condition, results of operations and cash flows of Holdings and its consolidated subsidiaries as of the dates and for the periods indicated, comply as to form in all
material respects with the applicable requirements of the Act and have been prepared in conformity with generally accepted accounting principles applied on a consistent basis throughout the periods involved (except as otherwise noted therein). The
selected historical financial data set forth under the caption “Selected Historical Financial Data” in the Offering Memorandum comply as to form in all material respects with the applicable requirements of the Act (except that historical
data for the fiscal years ended December 31, 2007 and 2008 is omitted) and have been prepared in conformity with generally accepted accounting principles applied on a consistent basis throughout the periods involved (except as otherwise noted
therein). The summary historical financial data set forth under the caption “Summary—Summary Historical and Adjusted Consolidated Condensed Financial Data” in the Offering Memorandum fairly present, on the basis stated in the Offering
Memorandum, the information included therein. The adjusted financial data included in the Offering Memorandum include assumptions that provide a reasonable basis for presenting the significant effects directly attributable to the transactions and
events described therein, the related adjustments give appropriate effect to those assumptions, and the adjustments reflect the proper application of those adjustments to the historical amounts in the adjusted financial data included in the Offering
Memorandum. 
 (dd) Other than as set forth in the Offering Memorandum, no action, suit or proceeding by or
before any court or governmental agency, authority or body or any arbitrator involving Holdings or any of its subsidiaries or any property or assets of Holdings or any of its subsidiaries is pending or, to the knowledge of Holdings, threatened that
would reasonably be expected to have a Material Adverse Effect. 
 (ee) Holdings and each of its subsidiaries
owns or leases all such properties as are necessary to the conduct of its operations as presently conducted. Holdings and each 

  
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of its subsidiaries has good and marketable title to, or valid leasehold interests in, or easements or other limited property interests in, or is licensed to use, all its material properties and
assets, except for minor defects that do not interfere with its ability to conduct its business as currently conducted or utilize such properties and assets for their intended purposes, and except where failure to have such title, leasehold
interests, easements or other limited property interests or licenses to use, in the aggregate, would not reasonably be expected to have a Material Adverse Effect. All material properties and assets of Holdings and its subsidiaries are free and clear
of all liens, charges, encumbrances or restrictions, except for Permitted Liens (as defined in the Indenture) and as described in the Offering Memorandum. Each of the Issuers and their respective subsidiaries has good and marketable title to all
personal property it purports to own, except as described in the Offering Memorandum. 
 (ff) Neither Holdings
nor any of its subsidiaries is in violation or default of (i) any provision of its organizational documents; (ii) the terms of any indenture, contract, lease, mortgage, deed of trust, note agreement, loan agreement, credit agreement or
other agreement, obligation, condition, covenant or instrument to which it is a party or bound or to which its property or assets is subject; or (iii) any statute, law, rule, regulation, judgment, order or decree applicable to it or any of its
subsidiaries of any court, regulatory body, administrative agency, governmental body, arbitrator or other authority having jurisdiction over it or any such subsidiaries or any of their respective property or assets, except, in the case of clauses
(ii) and (iii) above, for any such violation or default which would not reasonably be expected to have a Material Adverse Effect. 
 (gg) PricewaterhouseCoopers LLP (the “Independent Accountants”), who have certified certain financial statements of Holdings and its consolidated subsidiaries and delivered their report
with respect to the audited consolidated financial statements and schedules included in the Offering Memorandum, are independent public accountants with respect to Holdings within the meaning of the Act and the Exchange Act and the related published
rules and regulations thereunder. 
 (hh) Holdings and each of its subsidiaries has timely filed all foreign,
federal, state and local tax returns that are required to be filed or has requested extensions thereof (except in any case in which the failure so to file would not reasonably be expected to have a Material Adverse Effect). Holdings and each of its
subsidiaries has timely paid all taxes required to be paid by it whether or not shown in such returns (including withholding taxes) and any other assessment, fine or penalty levied against it, to the extent that any of the foregoing is due and
payable, except for any such assessment, fine or penalty that is being contested in good faith or as would not reasonably be expected to have a Material Adverse Effect. 

(ii) No labor problem or dispute with the employees of Holdings or any of its subsidiaries exists or is threatened or
imminent, and there is no existing or imminent labor disturbance or collective bargaining activities by the employees of Holdings or any of its subsidiaries or, to the knowledge of any of the Issuers, by the employees of any of the principal
suppliers, contractors or customers of Holdings or any of its subsidiaries, in each case, that would have a Material Adverse Effect. 

  
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 (jj) Holdings and each of its subsidiaries, except as disclosed in the
Offering Memorandum, or to the extent it would not reasonably be expected to have a Material Adverse Effect, is insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary
in the businesses in which they are engaged. All policies of insurance and fidelity or surety bonds insuring Holdings or any of its subsidiaries or the businesses, assets, employees, officers and directors of Holdings or any of its subsidiaries are
in full force and effect other than any policies of insurance and fidelity or surety bonds that, if not in full force and effect, would not reasonably be expected to have a Material Adverse Effect. Holdings and each of its subsidiaries is in
compliance with the terms of such policies and instruments in all material respects. There are no claims by Holdings or any of its subsidiaries under any such policy or instrument as to which any insurance company is denying liability or defending
under a reservation of rights clause, except for such claims which, if successfully denied, would not reasonably be expected to have a Material Adverse Effect. Neither Holdings nor any of its subsidiaries has been refused any insurance coverage
sought or applied for. Neither Holdings nor any of its subsidiaries has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as
may be necessary to continue its business at a cost that would not reasonably be expected to have a Material Adverse Effect. 
 (kk) No subsidiary of Holdings is prohibited, directly or indirectly, from paying any dividends on such subsidiary’s capital stock, from making any other distribution on such subsidiary’s
capital stock, from repaying to Holdings or any other subsidiary of Holdings any loans or advances to such subsidiary from Holdings or such other subsidiary or from transferring any of such subsidiary’s property or assets to Holdings or any
other subsidiary of Holdings, except as described in or contemplated by the Offering Memorandum (exclusive of any amendment or supplement thereto). 
 (ll) Holdings and each of its subsidiaries owns or possesses adequate licenses or other rights to use all patents, trademarks, service marks, trade names, copyrights and know-how that are necessary to
conduct their respective businesses as described in the Offering Memorandum, except where the failure to own or possess such licenses or other rights to use such patents, trademarks, service marks, trade names, copyrights and know-how would not
reasonably be expected to have a Material Adverse Effect. Neither Holdings nor any of its subsidiaries has received any notice of infringement of or conflict with (or knows of any such infringement of or conflict with) asserted rights of others with
respect to any patents, trademarks, service marks, trade names, copyrights or know-how that, if such assertion of infringement or conflict were sustained, could have a Material Adverse Effect. 

(mm) Holdings and each of its subsidiaries possesses all licenses, certificates, permits and other authorizations issued
by the appropriate federal, state or foreign regulatory authorities necessary to conduct their respective businesses as currently conducted, except where the failure to possess such licenses, certificates, permits or other authorizations would not
reasonably be expected to have a Material Adverse Effect, and neither Holdings nor any of its subsidiaries has received any notice of proceedings 

  
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relating to the revocation or modification of any such certificate, authorization or permit which, singly or in the aggregate, if the subject of an unfavorable decision, ruling or finding, would
reasonably be expected to have a Material Adverse Effect. 
 (nn) Holdings and each of its subsidiaries maintains
a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management’s general or specific authorizations; (ii) transactions are recorded as necessary to
permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability; (iii) access to assets is permitted only in accordance with management’s general or specific
authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences. Holdings and its Subsidiaries maintain systems of
“internal control over financial reporting” (as defined in Rule 13a-15(f) of the Exchange Act) that comply with the requirements of the Exchange Act and have been designed by, or under the supervision of, management to provide
reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. 

(oo) (i) Holdings and each of its subsidiaries is in compliance in all material respects with any and all applicable
foreign, federal, state and local laws and regulations and rules of common law relating to pollution or the protection of the environment, natural resources or occupational health and safety, including without limitation those relating to the
release or threat of release of Hazardous Materials (“Environmental Laws”); (ii) Holdings and each of its subsidiaries has received and is in compliance in all material respects with all permits, licenses or other approvals
required of it under applicable Environmental Laws to conduct its businesses as currently conducted; (iii) neither Holdings nor any of its subsidiaries has received written notice of any actual or potential liability for the investigation or
remediation of any Hazardous Materials; (iv) there is no civil, criminal or administrative action, suit, demand, claim, hearing, notice of violation, investigation, proceeding, notice or demand letter or request for information pending or, to
the knowledge of any of the Issuers, threatened against Holdings or any of its subsidiaries under any Environmental Law; (v) no lien, charge, encumbrance or restriction has been recorded under any Environmental Law with respect to any assets,
facility or property owned, operated, leased or controlled by Holdings or any of its subsidiaries; (vi) neither Holdings nor any of its subsidiaries is subject to any order, decree, consent, settlement or agreement requiring, or is otherwise
obligated or required to perform, any response or corrective action relating to any Hazardous Materials; (vii) neither Holdings nor any of its subsidiaries has received written notice that it has been identified as a potentially responsible
party under the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended (“CERCLA”), or any comparable state or foreign law; (viii) no property or facility of Holdings or any of its subsidiaries
is (x) listed or, to the knowledge of the Issuers, proposed for listing on the National Priorities List under CERCLA or (y) listed in the Comprehensive Environmental Response, Compensation and Liability Information System List promulgated
pursuant to CERCLA, or on any comparable list maintained by any governmental authority; and (ix) there are no past or present actions, events, 

  
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operations or activities which would reasonably be expected to prevent or interfere with compliance by Holdings or any of its subsidiaries with any applicable Environmental Law or result in
liability (including, without limitation, fines or penalties) under any applicable Environmental Law, except, in the case of each of clauses (i) through (ix) above, as (A) described in the Offering Memorandum (exclusive of any
amendment or supplement thereto) or (B) would not reasonably be expected to, individually or in the aggregate, have a Material Adverse Effect. “Hazardous Materials” means any hazardous or toxic substance, chemical, material,
pollutant, waste, contaminant or constituent, which is subject to regulation under or could give rise to liability under any Environmental Law. 
 (pp) In the ordinary course of its business, Holdings periodically reviews the effect of Environmental Laws on the business, operations and properties of Holdings and its subsidiaries, in the course of
which it seeks to identify and evaluate associated costs and liabilities. On the basis of such review, and except as described in the Offering Memorandum, Holdings does not reasonably expect that such associated costs and liabilities would, singly
or in the aggregate, have a Material Adverse Effect. 
 (qq) Holdings and each of its subsidiaries has fulfilled
its obligations, if any, under the minimum funding standards of Section 302 of the United States Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and the regulations and published interpretations
thereunder with respect to each “plan” (as defined in Section 3(3) of ERISA and such regulations and published interpretations) in which employees of any of the Issuers or their respective subsidiaries are eligible to participate, and
each such plan is, and on the Closing Date will be, in compliance in all material respects with the presently applicable provisions of ERISA and such regulations and published interpretations. Neither Holdings nor any of its subsidiaries has
incurred any unpaid liability to the Pension Benefit Guaranty Corporation (other than for the payment of premiums in the ordinary course) under Title IV of ERISA. 

(rr) None of the Issuers or any of their respective Affiliates or any director, officer, agent or employee of any of the
Issuers or their respective Affiliates has (i) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expense relating to political activity; (ii) made any direct or indirect unlawful payment to any
foreign or domestic government official or employee from corporate funds; (iii) violated any provision of the Foreign Corrupt Practices Act of 1977; (iv) violated or is in violation of any provision of the Bribery Act 2010 of the United
Kingdom or (v) made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment. 

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

  
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 (tt) None of Holdings or any of its subsidiaries or, to the knowledge of
Holdings, any director, officer, agent or employee has caused Holdings or any of its subsidiaries to be in violation of any applicable economic or trade sanctions under the laws of the United States or the European Union relating to money
laundering, unlawful financial activities or unlawful use or appropriation of corporate funds, including those administered by the Office of Foreign Assets Control of the U.S. Department of Treasury, European Union, the United Nations Security
Counsel, Her Majesty’s Treasury, or other relevant sanctions authority (collectively, “Sanctions”); the Company agrees that it will not directly or indirectly use the proceeds of the offering and sale of the Securities, or
lend, contribute or otherwise make available such proceeds to any person or entity, or any subsidiary, joint venture partner or sub-division of such other person or entity, for the purpose of financing the activities of any person or entity with
whom transactions are currently prohibited under any Sanctions. 
 (uu) Except as disclosed in the Offering
Memorandum, no income, stamp or other taxes or levies, imposts, deductions, charges, compulsory loans or withholdings whatsoever are or will be, under applicable law, the United States or any other jurisdiction of incorporation, organization or
formation, as the case may be, or tax residency of any of the Issuers, imposed, assessed, levied or collected by any Federal, state, local or foreign governmental taxing authority on or in respect of principal, interest, premiums and penalties or
other amounts payable under the Securities, or on account of the issue and sale by the Issuers of the Securities or the execution, delivery or performance of this Agreement, the Indenture or the Registration Rights Agreement or any payments
hereunder or thereunder. 
 (vv) The fair value and present fair saleable value of the assets of each of the
Issuers and their respective subsidiaries exceeds, and immediately after the consummation of the issue and sale of the Securities and the consummation of the other transactions contemplated by the Transaction Documents will exceed, the sum of its
stated liabilities and identified contingent liabilities. None of the Issuers or their respective subsidiaries is, and immediately after the consummation of the issue and sale of the Securities and the consummation of the other transactions
contemplated by the Transaction Documents none of them will be, (x) left with unreasonably small capital with which to carry on its business as it is proposed to be conducted, (y) unable to pay its debts (contingent or otherwise) as they
mature or (z) otherwise insolvent. 
 (ww) Holdings and its Subsidiaries maintain an effective system of
“disclosure controls and procedures” (as defined in Rule 13a-15(e) of the Exchange Act) that is designed to ensure that information required to be disclosed by Holdings in reports that it files or submits under the Exchange Act is
recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms, including controls and procedures designed to ensure that such information is accumulated and communicated to Holdings’
management as appropriate to allow timely decisions regarding required disclosure. Holdings and its Subsidiaries have carried out evaluations, with the participation of management, of the effectiveness of their disclosure controls and procedures as
required by Rule 13a-15 of the Exchange Act, 

  
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 Any certificate signed by any officer of any of the Issuers and delivered to the Initial
Purchasers or counsel for the Initial Purchasers pursuant to this Agreement shall be deemed a representation and warranty by such Issuer, as to matters covered thereby, to each Initial Purchaser. 

2. Purchase and Sale. Subject to the terms and conditions and in reliance upon the representations and warranties herein set
forth, the Company and Crown Americas Capital IV agree to sell to each Initial Purchaser, and each Initial Purchaser agrees, severally and not jointly, to purchase from the Company and Crown Americas Capital IV, at a purchase price equal to 98.50%
of the principal amount thereof, plus accrued interest, if any, from January 9, 2013 to the Closing Date, the principal amount of Securities set forth opposite such Initial Purchaser’s name in Schedule I hereto. 

3. Delivery and Payment. Delivery of and payment for the Securities shall be made at 10:00 A.M., New York City time, on
January 9, 2013, or at such time on such later date (not later than January 16, 2013) as the Initial Purchasers shall designate, which date and time may be postponed among the Initial Purchasers, the Company and Crown Americas Capital IV
or as provided in Section 9 hereof (such date and time of delivery and payment for the Securities being herein called the “Closing Date”). Delivery of the Securities shall be made to the Initial Purchasers for the respective
accounts of the several Initial Purchasers against payment by the several Initial Purchasers of the purchase price thereof to or upon the order of the Company by wire transfer payable in same-day funds to the account specified by the Company.
Delivery of the Securities shall be made through the facilities of The Depository Trust Company, or its designated custodian, unless the Initial Purchasers shall otherwise instruct. 

4. Offering by Initial Purchasers. Each Initial Purchaser, severally and not jointly, represents and warrants to and agrees with
the Company and Crown Americas Capital IV that: 
 (a) It is a qualified institutional buyer as defined in Rule
144A under the Act (a “QIB”), and an “accredited investor” within the meaning of Rule 501 of the Act and acknowledges that it is purchasing the Securities pursuant to a private sale exemption from registration under the
Act. 
 (b) It has not offered or sold, and will not offer or sell, any Securities except (i) to those it
reasonably believes to be qualified institutional buyers (as defined in Rule 144A under the Act) and that, in connection with each such sale, it has taken or will take reasonable steps to ensure that the purchaser of such Securities is aware
that such sale is being made in reliance on Rule 144A or (ii) in accordance with the restrictions set forth in Exhibit A hereto. Each of the Initial Purchasers will comply with all applicable laws and regulations in each
jurisdiction in which it acquires, offers, sells or delivers Securities or has in its possession or distributes the Pricing Disclosure Package, the Final Memorandum, any Issuer Written Communication or any such other material, in all cases at its
own expense, except as provided in Section 5(m). 

  
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 (c) Neither it nor any person acting on its behalf has made or will make
offers or sales of the Securities in the United States by means of any form of general solicitation or general advertising (within the meaning of Regulation D) in the United States or in any manner involving a public offering within the meaning
of Section 4(a) of the Act. 
 (d) Each Initial Purchaser acknowledges and agrees that the Company and Crown
Americas Capital IV and, for the purposes of the opinions to be delivered to the Initial Purchasers pursuant to Section 6(a) and 6(b), (i) counsel for the Issuers and counsel for Holdings and (ii) counsel for the Initial Purchasers,
respectively, may rely upon the accuracy of the representations and warranties of such Initial Purchaser, and compliance of such Initial Purchaser with its agreements, contained in paragraphs 4(a) through (c), above, and such Initial Purchaser
hereby consents to such reliance. 
 5. Agreements. The Issuers, jointly and severally, agree with each Initial Purchaser
that: 
 (a) The Issuers will furnish to each Initial Purchaser and to counsel for the Initial Purchasers,
without charge, during the period referred to in paragraph (c) below, as many copies of the Pricing Disclosure Package, any Issuer Written Communication and the Final Memorandum and any amendments and supplements thereto as they may reasonably
request and each as so delivered shall be in form and substance reasonably satisfactory to the Representative. 

(b) The Issuers will not amend or supplement the Pricing Disclosure Package or the Final Memorandum, other than by filing
documents under the Exchange Act that are incorporated by reference therein, or distribute or refer to any Issuer Written Communication, in each case, without the prior written consent of the Representative; provided, however, that
prior to the completion of the distribution of the Securities by the Initial Purchasers (as determined by the Representative in its sole discretion), Holdings and its Subsidiaries will not file any document under the Exchange Act that is
incorporated by reference in the Pricing Disclosure Package or the Final Memorandum unless, prior to such proposed filing, the Issuers have furnished the Representative with a copy of such document for its review and the Representative has not
reasonably objected to the filing of such document. The Issuers will promptly advise the Initial Purchasers when any document filed under the Exchange Act that is incorporated by reference in the Pricing Disclosure Package or the Final Memorandum
shall have been filed with the Commission. The Issuers will promptly, upon the reasonable request of the Representative or counsel for the Initial Purchasers, make any amendments or supplements to the Pricing Disclosure Package and the Final
Memorandum that may be necessary or advisable in connection with the resale of the Notes by the Initial Purchasers. 
 (c) If at any time prior to the completion of the sale of the Securities by the Initial Purchasers (as determined by the Representative), any event occurs as a result of which the Pricing Disclosure
Package, any Issuer Written Communication or the Final Memorandum, as then amended or supplemented, would include any untrue statement of a material fact or omit to state any material fact necessary to make the statements therein,

  
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in the light of the circumstances under which they were made or the circumstances then prevailing, not misleading, or if it should be necessary to amend or supplement the Pricing Disclosure
Package, any Issuer Written Communication or the Final Memorandum to comply with applicable law, the Issuers will promptly (i) notify the Initial Purchasers of any such event; (ii) subject to the requirements of paragraph (b) of this
Section 5, prepare an amendment or supplement that will correct such statement or omission or effect such compliance; and (iii) supply any supplemented or amended Pricing Disclosure Package, Issuer Written Communication or the Final
Memorandum to the Initial Purchasers and counsel for the Initial Purchasers without charge in such quantities as they may reasonably request. 
 (d) To the extent an Issuer may do so under applicable law, the Issuers will arrange, if necessary, for the qualification of the Securities for sale by the Initial Purchasers under the laws of such
jurisdictions as the Initial Purchasers may reasonably designate and will maintain such qualifications in effect so long as required for the sale of the Securities; provided that in no event shall any Issuer be obligated to qualify to do
business in any jurisdiction where it is not now so qualified, to execute a general consent to service of process in any jurisdiction with respect to which such a consent has not been previously executed or to subject itself to taxation in any
jurisdiction wherein it would not otherwise be subject to tax but for the requirements of this paragraph. The Issuers will promptly advise the Representative of the receipt by any Issuer of any notification with respect to the suspension of the
qualification of the Securities for sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose. 
 (e) The Issuers will not, and will not permit any of their respective Affiliates to, resell any Securities that have been acquired by any of them. 

(f) None of the Issuers or their respective Affiliates, or any person acting on behalf of any of them, will, directly or
indirectly, make offers or sales of any security, or solicit offers to buy any security, under circumstances that would require the registration of the Securities under the Act. 

(g) None of the Issuers or their respective Affiliates, or any person acting on behalf of any of them, will engage in any
form of general solicitation or general advertising (within the meaning of Regulation D) in connection with any offer or sale of the Securities in the United States. 

(h) So long as any of the Securities are “restricted securities” within the meaning of Rule 144(a)(3) under the
Act, each Issuer will, during any period in which it is not subject to and in compliance with Section 13 or 15(d) of the Exchange Act or it is not exempt from such reporting requirements pursuant to and in compliance with Rule 12g3-2(b) under
the Exchange Act, provide to each holder of such restricted securities and to each prospective purchaser (as designated by such holder) of such restricted securities, upon the request of such holder or prospective purchaser, any information required
to be provided by Rule 144A(d)(4) under the Act. This covenant is intended to be for the benefit of the holders, and the prospective purchasers designated by such holders, from time to time, of such restricted securities. 

  
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 (i) None of the Issuers or their respective Affiliates, or any person acting
on behalf of any of them, will engage in any “directed selling efforts” with respect to the Securities, and each of them will comply with the “offering restrictions” requirement of Regulation S. Terms used in this paragraph
have the meanings given to them by Regulation S. 
 (j) The Issuers will cooperate with the Representative
and use their respective reasonable best efforts to permit the Notes to be eligible for clearance and settlement through The Depository Trust Company. 
 (k) The Issuers will not and will not permit any of their subsidiaries to, for a period of 90 days following the Time of Execution, without the prior written consent of the Representative, offer,
sell or contract to sell, or otherwise dispose of (or enter into any transaction which is designed to, or might reasonably be expected to, result in the disposition (whether by actual disposition or effective economic disposition due to cash
settlement or otherwise) by any Issuer or any Affiliate of any Issuer or any person in privity with any Issuer or any Affiliate of any Issuer), directly or indirectly, or announce the offering of any debt securities issued or guaranteed by any
Issuer (or any subsidiary of an Issuer) (other than the Securities, debt under the Credit Agreement, dated as of November 18, 2005, as amended and restated, among Crown Americas LLC, as U.S. Borrower, the Company, as European Borrower, CROWN
Metal Packaging Canada LP, as Canadian Borrower, the Subsidiary Borrowers named therein, Crown Holdings, Inc., Crown International Holdings, Inc. and Crown Cork & Seal Company, Inc., as Parent Guarantors, Deutsche Bank AG New York Branch,
as Administrative Agent and U.K. Administrative Agent, The Bank of Nova Scotia, as Canadian Administrative Agent, and various Lending Institutions referred to therein, and intercompany notes). 

(l) The Issuers will not take, directly or indirectly, any action designed to or which has constituted or which might
reasonably be expected to cause or result, under the Act or the Exchange Act or otherwise, in stabilization or manipulation of the price of any security of any Issuer to facilitate the sale or resale of the Securities. 

(m) The Issuers, jointly and severally, agree to pay the costs and expenses relating to the following matters:
(i) the preparation of the Indenture, the Registration Rights Agreement, the issuance of the Securities and the fees of the Trustee; (ii) the preparation, printing or reproduction of the Pricing Disclosure Package and the Final Memorandum
and each amendment or supplement thereto; (iii) the printing (or reproduction) and delivery (including postage, air freight charges and charges for counting and packaging) of such copies of the Pricing Disclosure Package and the Final
Memorandum, and all amendments or supplements to either of them, as may, in each case, be reasonably requested for use in connection with the offering and sale of the Securities; (iv) the preparation, printing, authentication, issuance and
delivery of certificates for the Securities, including any stamp or transfer taxes in connection with the original issuance and sale of the Securities; (v) the printing (or reproduction) and delivery of this Agreement, any blue sky memorandum
and all other agreements or documents printed (or reproduced) and delivered in connection with the offering of the Securities; (vi) any registration or qualification of the Securities for offer and sale under the

  
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securities or blue sky laws of the several states (including filing fees and the reasonable fees and expenses of counsel for the Initial Purchasers relating to such registration and
qualification); (vii) the transportation and other expenses incurred by or on behalf of the Issuers’ representatives in connection with presentations to prospective purchasers of the Securities; (viii) the fees and expenses of the
Issuers’ accountants and the fees and expenses of counsel (including local and special counsel) for the Issuers; (ix) any appraisal or valuation performed in connection with the offering and sale of the Securities; and (x) all other
costs and expenses incident to the performance by the Issuers of their respective obligations hereunder. 
 (n)
The Issuers will apply the proceeds from the offering and sale of the Securities as provided under the caption “Use of Proceeds” in the Pricing Disclosure Package and the Final Memorandum. 

6. Conditions to the Obligations of the Initial Purchasers. The obligations of the Initial Purchasers to purchase the Securities
shall be subject to the accuracy of the representations and warranties on the part of the Issuers contained herein at their respective times of execution of this Agreement, the Closing Date and any settlement date pursuant to Section 3 hereof,
to the accuracy of the statements of the Issuers made in any certificates pursuant to the provisions hereof, to the performance by the Issuers of their respective obligations hereunder and to the following additional conditions: 

(a) The Issuers shall have requested and caused (i) Dechert LLP, special counsel for the Issuers, to furnish to the
Initial Purchasers their opinion and negative assurance letter, each dated the Closing Date and addressed to the Initial Purchasers, substantially in the form of Exhibits B-1 and B-2 hereto (with such modifications as shall be
reasonably acceptable to the Initial Purchasers and their counsel) and (ii) William T. Gallagher, General Counsel of Holdings, to furnish to the Initial Purchasers his opinion, dated the Closing Date and addressed to the Initial Purchasers,
substantially in the form of Exhibit B-3 hereto (with such modifications as shall be reasonably acceptable to the Initial Purchasers and their counsel). In rendering such opinions and assurances, such counsel may rely (A) as to
matters involving the application of laws of any jurisdiction other than the Commonwealth of Pennsylvania, the State of New York, the Federal laws of the United States and the Delaware General Corporation Law, to the extent they deem proper and
specified in such opinion, upon the opinion of other counsel of good standing whom they believe to be reliable and who are satisfactory to counsel for the Initial Purchasers; and (B) as to matters of fact, to the extent they deem proper, on
certificates of responsible officers of the Issuers and public officials. 
 (b) The Initial Purchasers shall
have received from Cahill Gordon & Reindel LLP, special counsel for the Initial Purchasers, such opinion or opinions, dated the Closing Date and addressed to the Initial Purchasers, with respect to such matters as the
Initial Purchasers may reasonably require, and the Issuers shall have furnished to such counsel such documents as they request for the purpose of enabling them to pass upon such matters. 

  
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 (c) Holdings shall have furnished to the Initial Purchasers a certificate of
Holdings, the Company and Crown Americas Capital IV, signed by the Chairman of the Board or the President and the principal financial or accounting officer of each of Holdings, the Company and Crown Americas Capital IV, dated the Closing Date, to
the effect that the signers of such certificate have carefully examined the Pricing Disclosure Package and the Final Memorandum, any amendment or supplement to the Pricing Disclosure Package and the Final Memorandum and this Agreement and that:

 (i) the representations and warranties of the Issuers in this Agreement are true and correct in all material
respects on and as of the Closing Date with the same effect as if made on the Closing Date, and the Issuers have complied with all the agreements and satisfied all the conditions on their part to be performed or satisfied hereunder at or prior to
the Closing Date; and 
 (ii) since the date of the most recent financial statements included in the Pricing
Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto), there has been no material adverse change in the condition (financial or otherwise), prospects, earnings, business or properties of the Company,
individually, or of Holdings and its subsidiaries, taken as a whole, whether or not arising from transactions in the ordinary course of business, except as set forth in or contemplated by the Pricing Disclosure Package and the Final Memorandum
(exclusive of any amendment or supplement thereto). 
 (d) At the Time of Execution, Holdings shall have caused
the Independent Accountants to furnish to the Initial Purchasers a comfort letter, dated the Time of Execution, in form and substance satisfactory to counsel for the Initial Purchasers with respect to the audited and any unaudited or pro forma
financial information in the Pricing Disclosure Package. On the Closing Date, Holdings shall have caused the Independent Accountants to furnish to the Initial Purchasers a comfort letter dated the Closing Date, in form and substance satisfactory to
counsel for the Initial Purchasers and reaffirming or updating as of a more recent date, the information in the comfort letter dated the Time of Execution. 
 (e) Subsequent to the Time of Execution or, if earlier, the dates as of which information is given in the Pricing Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement
thereto), there shall not have been (i) any change or decrease specified in the letter or letters referred to in paragraph (d) of this Section 6; or (ii) any change, or any development involving a prospective change, in or
affecting the condition (financial or otherwise), prospects, earnings, business or properties of the Company or of Holdings and its subsidiaries, taken as a whole, whether or not arising from transactions in the ordinary course of business, except
as set forth in or contemplated in the Pricing Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto) the effect of which, in any case referred to in clause (i) or (ii) above, is, in the sole
judgment of the Representative, so material and adverse as to make it impractical or inadvisable to market the Securities as contemplated by the Pricing Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto).

  
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 (f) The Issuers and the Trustee shall have entered into the Indenture in
form and substance reasonably satisfactory to the Representative, and the Representative shall have received counterparts, conformed as executed, thereof. 
 (g) Each of the Guarantors shall have executed a Guarantee in form and substance reasonably satisfactory to the Representative, and the Initial Purchasers shall have received counterparts, conformed as
executed, thereof. 
 (h) The Issuers and the Initial Purchasers shall have entered into the Registration Rights
Agreement. 
 (i) The Notes shall be eligible for clearance and settlement through the Depository Trust Company.

 (j) Subsequent to the Time of Execution, there shall not have been any decrease in the rating of any debt
securities of any of the Issuers by any “nationally recognized statistical rating organization” (as such term is defined under Section (a)(62) of the Exchange Act) or any notice given of any intended or potential decrease in any such
rating or of a possible change in any such rating that does not indicate the direction of the possible change. 

(k) Prior to the Closing Date, the Issuers shall have furnished to the Representative such further information,
certificates and documents as the Representative may reasonably request. 
 If any of the conditions specified in this
Section 6 shall not have been fulfilled in all material respects when and as provided in this Agreement, or if any of the opinions and certificates mentioned above or elsewhere in this Agreement shall not be in all material respects reasonably
satisfactory in form and substance to the Representative and counsel for the Initial Purchasers, this Agreement and all obligations of the Initial Purchasers hereunder may be canceled at, or at any time prior to, the Closing Date by the Initial
Purchaser. Notice of such cancellation shall be given to the Issuers in writing or by telephone or facsimile confirmed in writing. 
 The documents required to be delivered by this Section 6 will be delivered at the office of Cahill Gordon & Reindel LLP, counsel for the Initial Purchasers, at 1271 Avenue of
Americas, 38th Floor, New York, New York 10020.

 7. Reimbursement of Expenses. If the sale of the Securities provided for herein is not consummated because any
condition to the obligations of the Initial Purchasers set forth in Section 6 hereof is not satisfied, because of any termination pursuant to Section 10 hereof or because of any refusal, inability or failure on the part of any Issuer to
perform any agreement herein or comply with any provision hereof other than by reason of a default by any of the Initial Purchasers, the Issuers, jointly and severally, agree to reimburse the Initial Purchasers severally through the Representative
promptly after demand for all reasonable out-of-pocket expenses (including reasonable fees and disbursements of counsel) that shall have been incurred by them in connection with the proposed purchase and sale of the Securities. 

  
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 8. Indemnification and Contribution. 

(a) The Issuers jointly and severally agree to indemnify and hold harmless each Initial Purchaser, the directors, officers, employees and
agents of each Initial Purchaser and each person who controls any Initial Purchaser within the meaning of either the Act or the Exchange Act against any and all losses, claims, damages or liabilities, joint or several, to which they or any of them
may become subject under the Act, the Exchange Act or other Federal or state statutory law or regulation, at common law or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based
upon any untrue statement or alleged untrue statement of a material fact contained in the Pricing Disclosure Package, any Issuer Written Communication, the Final Memorandum (or in any supplement or amendment thereto) or any information provided by
any Issuer to any holder or prospective purchaser of Securities pursuant to Section 5(h), or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact
required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, and agrees to reimburse each such indemnified party, as incurred, for any legal or other
expenses reasonably incurred by them in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that the Issuers will not be liable in any such case to the extent that any such
loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made in the Pricing Disclosure Package or the Final Memorandum, or in any amendment thereof or
supplement thereto, in reliance upon and in conformity with written information furnished to the Issuers by or on behalf of any Initial Purchaser specifically for inclusion therein. This indemnity agreement will be in addition to any liability which
the Issuers may otherwise have. 
 (b) Each Initial Purchaser, severally and not jointly, agrees to indemnify and hold harmless
each Issuer, each of its directors, each of its officers, each of its employees, each of its agents and each person who controls an Issuer within the meaning of either the Act or the Exchange Act, to the same extent as the foregoing indemnity from
the Issuers to each Initial Purchaser, but only with reference to written information relating to such Initial Purchaser furnished to the Issuers by or on behalf of such Initial Purchaser specifically for inclusion in the Pricing Disclosure Package,
the Final Memorandum (or in any amendment or supplement thereto) or any Issuer Written Communication. This indemnity agreement will be in addition to any liability which any Initial Purchaser may otherwise have. The Issuers acknowledge that the
statements set forth in the paragraph related to stabilization, syndicate covering transactions and penalty bids and the second sentence in the ninth paragraph, each under the heading “Private Placement” in the Preliminary Memorandum and
Final Memorandum, constitute the only information furnished in writing by or on behalf of the Initial Purchasers for inclusion in the Pricing Disclosure Package and Final Memorandum (or in any amendment or supplement thereto). 

(c) Promptly after receipt by an indemnified party under this Section 8 of notice of the commencement of any action, such
indemnified party will, if a claim in respect thereof is to be made against the indemnifying party under this Section 8, notify the indemnifying party in writing of the commencement thereof; but the failure so to notify the indemnifying party
(i) will not relieve it from liability under paragraph (a) or (b) above unless 

  
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and to the extent it did not otherwise learn of such action and such failure results in the forfeiture by the indemnifying party of substantial rights and defenses; and (ii) will not, in any
event, relieve the indemnifying party from any obligations to any indemnified party other than the indemnification obligation provided in paragraph (a) or (b) above. The indemnifying party shall be entitled to appoint counsel of the
indemnifying party’s choice at the indemnifying party’s expense to represent the indemnified party in any action for which indemnification is sought (in which case the indemnifying party shall not thereafter be responsible for the fees and
expenses of any separate counsel retained by the indemnified party or parties except as set forth below); provided, however, that such counsel shall be reasonably satisfactory to the indemnified party. Notwithstanding the indemnifying
party’s election to appoint counsel to represent the indemnified party in an action, the indemnified party shall have the right to employ separate counsel (including local counsel), and the indemnifying party shall bear the reasonable fees,
costs and expenses of such separate counsel if (i) the use of counsel chosen by the indemnifying party to represent the indemnified party would present such counsel with a conflict of interest; (ii) the actual or potential defendants in,
or targets of, any such action include both the indemnified party and the indemnifying party and the indemnified party shall have reasonably concluded that there may be legal defenses available to it and/or other indemnified parties which are
different from or additional to those available to the indemnifying party; (iii) the indemnifying party shall not have employed counsel reasonably satisfactory to the indemnified party to represent the indemnified party within a reasonable time
after notice of the institution of such action; or (iv) the indemnifying party shall authorize the indemnified party to employ separate counsel at the expense of the indemnifying party. An indemnifying party will not, without the prior written
consent of the indemnified parties, settle or compromise or consent to the entry of any judgment with respect to any pending or threatened claim, action, suit or proceeding in respect of which indemnification or contribution may be sought hereunder
(whether or not the indemnified parties are actual or potential parties to such claim or action) unless such settlement, compromise or consent includes an unconditional release of each indemnified party from all liability arising out of such claim,
action, suit or proceeding. An indemnifying party shall not be liable under this Section 8 to any indemnified party regarding any settlement or compromise or consent to the entry of any judgment with respect to any pending or threatened claim,
action, suit or proceeding in respect of which indemnification or contribution may be sought hereunder (whether or not the indemnified parties are actual or potential parties to such claim or action) unless such settlement, compromise or consent is
consented to by such indemnifying party, which consent shall not be unreasonably withheld. 
 (d) In the event that the
indemnity provided in paragraph (a) or (b) of this Section 8 is unavailable to or insufficient to hold harmless an indemnified party for any reason, the Issuers and the Initial Purchasers, severally and not jointly, agree to
contribute to the aggregate losses, claims, damages and liabilities (including legal or other expenses reasonably incurred in connection with investigating or defending same) (collectively “Losses”) to which one or more of the
Issuers and the Initial Purchasers may be subject in such proportion as is appropriate to reflect the relative benefits received by the Issuers on the one hand and by the Initial Purchasers on the other hand from the offering of the Securities;
provided, however, that in no case shall any Initial Purchaser (except as may be provided in any agreement among the Initial Purchasers relating to the offering of the Securities) be responsible for any amount in excess of the purchase
discount or commission applicable to the Securities purchased by such Initial Purchaser hereunder. If the allocation provided by the immediately preceding sentence is 

  
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unavailable for any reason, the Issuers and the Initial Purchasers shall contribute in such proportion as is appropriate to reflect not only such relative benefits but also the relative fault of
the Issuers on the one hand and of the Initial Purchasers on the other hand in connection with the statements or omissions which resulted in such Losses, as well as any other relevant equitable considerations. Benefits received by the Issuers shall
be deemed to be equal to the total net proceeds from the offering (before deducting expenses) received by the Company and Crown Americas Capital IV, and benefits received by the Initial Purchasers shall be deemed to be equal to the total purchase
discounts and commissions. Relative fault shall be determined by reference to, among other things, whether any untrue or any alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to
information provided by the Issuers on the one hand or the Initial Purchasers on the other, the intent of the parties and their relative knowledge, information and opportunity to correct or prevent such untrue statement or omission. The Issuers and
the Initial Purchasers agree that it would not be just and equitable if contribution were determined by pro rata allocation or any other method of allocation which does not take account of the equitable considerations referred to above.
Notwithstanding the provisions of this paragraph (d), no person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Act) shall be entitled to contribution from any person who was not guilty of such fraudulent
misrepresentation. For purposes of this Section 8, each person who controls an Initial Purchaser within the meaning of either the Act or the Exchange Act and each director, officer, employee and agent of an Initial Purchaser shall have the same
rights to contribution as such Initial Purchaser, and each person who controls an Issuer within the meaning of either the Act or the Exchange Act and each officer, director, employee and agent of an Issuer shall have the same rights to contribution
as such Issuer, subject in each case to the applicable terms and conditions of this paragraph (d). 
 9. Default by an
Initial Purchaser. If any one or more Initial Purchasers shall fail to purchase and pay for any of the Securities agreed to be purchased by such Initial Purchaser hereunder and such failure to purchase shall constitute a default in the
performance of its or their obligations under this Agreement, the remaining Initial Purchasers shall be obligated severally to take up and pay for (at the respective purchase prices set forth in Section 2 and in the respective proportions which
the amount of Securities set forth opposite their names in Schedule I hereto bears to the aggregate amount of Securities set forth opposite the names of all the remaining Initial Purchasers) the Securities which the defaulting Initial
Purchaser or Initial Purchasers agreed but failed to purchase; provided, however, that in the event that the aggregate amount of Securities which the defaulting Initial Purchaser or Initial Purchasers agreed but failed to purchase
shall exceed 10% of the aggregate amount of Securities set forth in Schedule I hereto, the remaining Initial Purchasers shall have the right to purchase all, but shall not be under any obligation to purchase any, of the Securities, and
if such nondefaulting Initial Purchasers do not purchase all the Securities, this Agreement will terminate without liability to any nondefaulting Initial Purchaser or the Issuers. In the event of a default by any Initial Purchaser as set forth in
this Section 9, the Closing Date shall be postponed for such period, not exceeding five Business Days, as the Representative shall determine in order that the required changes in the Pricing Disclosure Package and the Final Memorandum or in any
other documents or arrangements may be effected. Nothing contained in this Agreement and no action taken under this paragraph shall relieve any defaulting Initial Purchaser of its liability, if any, to the Issuers or any nondefaulting Initial
Purchaser for damages occasioned by its default hereunder. 

  
 -23-

 10. Termination. This Agreement shall be subject to termination in the absolute
discretion of the Representative, by notice given to the Company and Crown Americas Capital IV prior to delivery of and payment for the Securities, if at any time prior to such time (i) trading in any of Holdings’ securities shall have
been suspended by the Commission or the New York Stock Exchange or trading in securities generally on the New York Stock Exchange, the American Stock Exchange or the Nasdaq National Market shall have been suspended or limited or minimum prices shall
have been established on any such Exchange or the Nasdaq National Market; (ii) a banking moratorium shall have been declared either by Federal or New York State authorities; or (iii) there shall have occurred any outbreak or escalation of
hostilities, declaration by the United States of a national emergency or war or other calamity or crisis the effect of which on financial markets is such as to make it, in the sole judgment of the Representative, impracticable or inadvisable to
proceed with the offering or delivery of the Securities as contemplated by the Pricing Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto). 

11. Representations and Indemnities to Survive. The respective agreements, representations, warranties, indemnities and other
statements of the Issuers or their respective officers and of the Initial Purchasers set forth in or made pursuant to this Agreement will remain in full force and effect, regardless of any investigation made by or on behalf of the Initial Purchasers
or the Issuers or any of the officers, directors, employees, agents or controlling persons referred to in Section 8 hereof, and will survive delivery of and payment for the Securities. The provisions of Sections 7, 8 and 11 hereof shall survive
the termination or cancellation of this Agreement. 
 12. Notices. All communications hereunder will be in writing and
effective only on receipt, and, if sent to the Initial Purchasers, will be mailed, delivered or telefaxed to the Representative (fax no.: (212) 797-4564 and confirmed to 60 Wall Street, New York, New York 10005), Attention: General
Counsel; if sent to the Issuers, will be mailed, delivered or telefaxed to Crown Holdings, Inc., One Crown Way, Philadelphia, PA 19154-4599, Attention: General Counsel (fax no.: (215) 676-6011), with a copy to Dechert LLP, Cira Center, 2929
Arch Street, Philadelphia, PA 19104, Attention: William G. Lawlor (fax no.: (215) 994-2222). 
 13. Successors. This
Agreement will inure to the benefit of and be binding upon the parties hereto and their respective successors and the officers and directors and controlling persons referred to in Section 8 hereof, and, except as expressly set forth in
Section 5(h) hereof, no other person will have any right or obligation hereunder. 
 14. Applicable Law. This
Agreement will be governed by and construed in accordance with the laws of the State of New York applicable to contracts made and to be performed within the State of New York. 
 15. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall constitute an original and all of which together shall constitute one and the same instrument.

 16. No Advisory or Fiduciary Responsibility. Each of the Issuers acknowledges and agrees that (i) the purchase
and sale of the Securities pursuant to this 

  
 -24-

 
Agreement is an arm’s length commercial transaction between the Issuers, on the one hand, and the Initial Purchasers, on the other, (ii) in connection therewith and with the process
leading to such transaction each Initial Purchaser is acting solely as a principal and not the agent or fiduciary of the Issuers, (iii) no Initial Purchaser has assumed an advisory or fiduciary responsibility in favor of the Issuers with
respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Initial Purchaser has advised or is currently advising the Issuers on other matters) or any other obligation to the Issuers except the
obligations expressly set forth in this Agreement and (iv) the Issuers have consulted their own legal and financial advisors to the extent they deemed appropriate. Each of the Issuers agree that they will not claim that any Initial Purchaser
has rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to them, in connection with such transaction or the process leading thereto. 
 17. Headings. The section headings used herein are for convenience only and shall not affect the construction hereof. 
 18. Definitions. The terms which follow, when used in this Agreement, shall have the meanings indicated. 
 “Act” shall mean the Securities Act of 1933, as amended, and the rules and regulations of the Commission promulgated thereunder. 

“Affiliate” shall have the meaning specified in Rule 501(b) of Regulation D. 

“Business Day” shall mean any day other than a Saturday, a Sunday or a legal holiday or a day on which banking
institutions or trust companies are authorized or obligated by law to close in The City of New York. 

“Commission” shall mean the Securities and Exchange Commission. 

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, and the rules and regulations of the
Commission promulgated thereunder. 
 “Investment Company Act” shall mean the Investment Company Act of 1940,
as amended, and the rules and regulations of the Commission promulgated thereunder. 
 “Regulation D”
shall mean Regulation D under the Act. 
 “Regulation S” shall mean Regulation S under the Act.

 “Trust Indenture Act” shall mean the Trust Indenture Act of 1939, as amended, and the rules and regulations
of the Commission promulgated thereunder. 
 19. Consent to Jurisdiction. By the execution and delivery of this
Agreement, each Issuer irrevocably submits to the non-exclusive jurisdiction of any New York state or federal court sitting in the borough of Manhattan, the city of New York, over any suit, action or proceeding arising out of or relating to this
Agreement. 

  
 -25-

 If the foregoing is in accordance with your understanding of our agreement, please sign and
return to us the enclosed duplicate hereof, whereupon this Agreement and your acceptance shall represent a binding agreement among the Issuers and the several Initial Purchasers. 

 

					
	Very truly yours,
	
	Crown Holdings, Inc.
		
	By:	 	 /s/ Timothy J. Donahue

		 	Name:	 	Timothy J. Donahue
		 	Title:	 	Executive Vice President and Chief Financial Officer
	
	Attest:
		
	By:	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Vice President and Treasurer
	
	Crown Americas, LLC
		
	By:	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Vice President and Treasurer
	
	Crown Americas Capital Corp. IV
		
	By:	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Vice President and Treasurer

 
					
	GUARANTORS:
	
	CROWN Beverage Packaging Puerto Rico, Inc.
	Crown Consultants, Inc.
	Crown Cork & Seal Company (DE), LLC
	Crown Cork & Seal Company, Inc.
	Crown Financial Corporation
	Crown International Holdings, Inc.
	CROWN Packaging Technology, Inc.
	Foreign Manufacturers Finance Corporation
	NWR, Inc.
	Crown Beverage Packaging, LLC
	CROWN Cork & Seal USA, Inc.
	CR USA, Inc.
	
	CROWN Beverage Packaging Puerto Rico, Inc.
		
	By	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Assistant Treasurer
	
	Crown Consultants, Inc.
		
	By	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Vice President and Treasurer

 
					
	Crown Cork & Seal Company (DE), LLC
		
	By	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Vice President and Treasurer
	
	Crown Cork & Seal Company, Inc.
		
	By	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Vice President and Treasurer
	
	Crown Financial Corporation
		
	By	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Vice President and Treasurer
	
	Crown International Holdings, Inc.
		
	By	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Vice President and Treasurer
	
	CROWN Packaging Technology, Inc.
		
	By	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Vice President and Treasurer

 
					
	Foreign Manufacturers Finance Corporation
		
	By	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Vice President and Treasurer
	
	NWR, Inc.
		
	By	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Vice President and Treasurer
	
	Crown Beverage Packaging, LLC
		
	By	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Assistant Treasurer
	
	CROWN Cork & Seal USA, Inc.
		
	By	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Assistant Treasurer
	
	CR USA, Inc.
		
	By	 	 /s/ Michael B. Burns

		 	Name:	 	Michael B. Burns
		 	Title:	 	Assistant Treasurer

					
	The foregoing Agreement is hereby confirmed and accepted as of the date first above written.
	
	DEUTSCHE BANK SECURITIES INC.
		
	By:	 	 /s/ Christopher Blum

		 	Name:	 	Christopher Blum
		 	Title:	 	Managing Director
		
	By:	 	 /s/ Nikko Hayes

		 	Name:	 	Nikko Hayes
		 	Title:	 	Managing Director
	
	For itself and the other several Initial Purchasers named in Schedule I to the foregoing Agreement.Employment Agreement

 Exhibit 10.1 
 Execution Copy 
 THE WET SEAL, INC. 

EMPLOYMENT AGREEMENT 
 This Employment Agreement (the “Agreement”), made this
7th day of January, 2013, is made by and between The Wet
Seal, Inc., a Delaware corporation (the “Company”), and John Goodman (“Executive”) (collectively referred to herein as the “Parties”). 

WHEREAS, the Company desires to assure itself of the services of Executive by engaging Executive to perform services under the
terms hereof; and 
 WHEREAS, Executive wishes to be employed by the Company and provide full-time personal services to
the Company in return for the compensation and benefits detailed herein. 
 NOW, THEREFORE, in consideration of the
foregoing, and for other good and valuable consideration, including the agreements set forth below, the receipt and sufficiency of which are hereby acknowledged, the Parties hereto agree as follows: 

1. Employment. 
 (a) General. The Company shall employ Executive as a full-time employee of the Company effective as of January 7, 2013 (the “Effective Date”) in the position set forth in this
Section 1, and upon the other terms and conditions herein provided. 
 (b) Employment Term. The term of employment
under this Agreement (the “Term”) shall be for the period beginning on the Effective Date and ending on the last day of the fiscal year ending on or about January 30, 2016, subject to earlier termination as provided in
Section 4. At the end of each applicable Term, the Term shall automatically renew for successive additional one (1) fiscal year periods unless no later than ninety (90) days prior to the end of the otherwise applicable Term either
Party gives written notice of non-renewal (“Notice of Non-Renewal”) to the other, in which case Executive’s employment will terminate at the end of the then-applicable Term, subject to earlier termination as provided in
Section 4. 

 (c) Position and Duties. Executive: (i) shall serve as the Chief Executive
Officer of the Company, with responsibilities, duties and authority customary for such position, subject to the general direction by the Company’s Board of Directors (the “Board”); (ii) shall report directly to the Board;
and (iii) agrees to observe and comply with the Company’s written rules and policies as adopted by the Company and provided to him from time to time, including, without limitation, any policy adopted by the Company with regard to the
recovery of incentive compensation in the event of a financial restatement. In addition, Executive shall continue to serve as a member of the Board and the Board shall nominate Executive and use commercially reasonable efforts to cause Executive to
be reelected as a member of the Board while employed hereunder. 
 (d) Place of Employment. Executive shall, subject to
reasonably required travel in connection with performance of his duties, perform the services required by this Agreement at the Company’s principal offices in Foothill Ranch, California (the “Principal Offices”). Executive
agrees to purchase a home that is located within sixty (60) miles of the Principal Offices on or prior to July 31, 2013. 
 (e) Exclusivity. Executive shall devote substantially all Executive’s working time and efforts to the business and affairs of the Company and its subsidiaries. Notwithstanding the foregoing,
Executive may devote reasonable time to unpaid activities such as supervision of personal investments and activities involving professional, charitable, educational, religious, civic and similar types of activities, speaking engagements and
membership on committees, provided such activities do not individually or in the aggregate materially interfere with the performance of Executive’s duties under this Agreement, materially violate the Company’s standards of conduct
then in effect or raise a conflict under the Company’s conflict of interest 

  
 2 

 
policies. Executive may serve on the board of directors or advisory boards of private or publicly traded companies (other than the Company’s Board) only with the Board’s prior written
consent. The Board has already consented to Executive’s continuing service on each board of directors of which Executive is now a member, as set forth on Exhibit A attached hereto, which consent shall continue until such time as the
Board provides notice to Executive that, in its reasonable judgment, such company competes with the Company or such service materially interferes with Executive’s duties as Chief Executive Officer of the Company or materially violates the
Company’s conflict of interests policies or standards of conduct; in which case the Executive shall resign from such activities as soon as reasonably feasible without violating his fiduciary duty to such other entity and in the interim shall
cooperate with the Board to limit any interference, conflict or violation. 
 2. Compensation and Related Matters.

 (a) Annual Base Salary. Executive shall receive a base salary at the rate of $800,000 per annum (as increased from
time to time, the “Annual Base Salary”), subject to withholdings and deductions and which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be
reviewed by the Company not less often than annually, and may be increased from time to time. 
 (b) Bonus. Commencing
with the fiscal year beginning February 3, 2013, Executive will be eligible to participate in the Company’s Annual Incentive Plan, with a target achievement of 100% of Annual Base Salary, a maximum achievement of 200% of Annual Base Salary
and a threshold level of achievement for a bonus below target (the “Annual Bonus”), prorated in the event of a partial year of service. The amount of the Annual Bonus that shall be payable shall be based on the achievement of
performance goals to be determined in advance by 

  
 3 

 
the Board, in its sole discretion. Any Annual Bonus earned by Executive pursuant to this section shall be paid to Executive in accordance with Company policies, less authorized deductions and
required withholding obligations, within two and a half months following the end of the fiscal year to which the bonus relates. 

(c) Benefits. Executive shall participate in such full-time employee and executive benefit plans and programs as the Company may
from time to time offer to senior executives of the Company, subject to the terms and conditions of such plans. 
 (d)
Vacation. Executive shall be entitled to vacation, sick leave, holidays and other paid time-off benefits provided by the Company from time to time which are applicable to the Company’s executive officers in accordance with Company
policy, subject to scheduling of such paid time off in view of Executive’s duties to the Company. Executive’s paid vacation shall accrue at the rate of five weeks per year, provided, that once Executive accrues 7.5 weeks of paid vacation
time, Executive shall cease accruing additional vacation until Executive’s accrued vacation balance falls below 7.5 weeks. 

(e) Travel Allowance. From the Effective Date through the earlier of (i) the date Executive closes on a home purchased within
sixty (60) miles of the Principal Offices and (ii) July 31, 2013, the Company shall pay Executive a travel allowance in the amount of $10,000 per month to facilitate transportation between the San Francisco Bay area and the Foothill
Ranch area and the rental (including utilities) of an appropriate apartment in the Foothill Ranch area. 
 (f) Business
Expenses. The Company shall reimburse Executive for all reasonable, documented, out-of-pocket travel and other business expenses incurred by Executive in the performance of Executive’s duties to the Company in accordance with the
Company’s applicable expense reimbursement policies and procedures as in effect from time to time. 

  
 4 

 (g) Legal Fees. The Company shall promptly upon presentation of invoices pay or
reimburse Executive for his reasonable legal fees and expenses incurred in connection with this Agreement and related documents up to a maximum amount of $15,000. 
 3. Equity Awards. 
 (a) Restricted
Stock. On the Effective Date, Executive shall be granted an award of that number of shares of restricted stock (the “Restricted Stock”) determined by dividing (i) $480,000 by (ii) the average closing trading
price per share of the Company’s Class A Common Stock over the thirty (30) calendar days ending on the day prior to the Effective Date (the “30-Day Average Price”). The Restricted Stock shall vest and the risk of
forfeiture thereon lapse with respect to one-third
(1/3rd) of the total number of shares of Restricted
Stock initially subject to such award on each anniversary of the Effective Date, such that the Restricted Stock shall be fully vested on the third (3rd) anniversary of the Effective Date, subject to Executive’s continuous service to the Company through the
applicable vesting date or as otherwise provided in the Change in Control and Severance Agreement that is attached hereto as Exhibit B (the “Severance Agreement”). The Restricted Stock shall otherwise be subject to the terms
of the plan pursuant to which it is granted and/or an award agreement to be entered into between Executive and the Company. 

(b) Performance Stock. Executive shall be granted an award of a target number of shares of Performance Stock (the
“Performance Stock”) determined by dividing (i) $720,000 by (ii) the 30-Day Average Price. The number of shares of Performance Stock eligible for time-based vesting will be determined based upon the achievement of
performance goals to be established by the Board for the fiscal year commencing February 3, 2013, which goals shall be established no later than April 30, 2013. Any shares of Performance Stock that become

  
 5 

 
eligible for time-based vesting will vest in three equal installments. The first installment will vest on the date the achievement of performance goals is certified, and the second and third
installments will vest on the second and third anniversaries of the Effective Date, respectively, subject to Executive’s continued employment through such vesting dates or as otherwise provided in the Severance Agreement. Any shares of
Performance Stock that do not become eligible for vesting based on performance shall automatically be forfeited on the date performance is certified by the Board or the Compensation Committee of the Board. The Performance Stock shall otherwise be
subject to the terms of the plan pursuant to which it is granted and/or an award agreement to be entered into between Executive and the Company. 
 (c) Bonus Restricted Stock. In the event that Executive purchases Class A Common Stock of the Company (not including any Restricted Stock, Performance Stock or Director Restricted Stock
granted hereunder) within the ninety (90) day period commencing upon the Effective Date (the “Purchased Stock”), the Company will issue one share of restricted stock (the “Bonus Restricted Stock”) for each
share of Class A Common Stock purchased by Executive, up to a maximum aggregate purchase price of $650,000. The Bonus Restricted Stock will be issued on the earlier of (i) the 90th day following the Effective Date or (ii), the date Executive purchases Company Class A Common Stock having an
aggregate purchase price of $650,000. The Bonus Restricted Stock shall vest and the risk of forfeiture thereon lapse with respect to one-third (1/3rd) of the total number of shares of Bonus Restricted Stock initially subject to such award on each anniversary of
the grant date, such that the Bonus Restricted Stock shall be fully vested on the third (3rd) anniversary of the grant date, subject to Executive’s continuous holding of the related purchased stock and his continuous service to the Company through the applicable vesting date or as
otherwise provided in the Severance Agreement. The 

  
 6 

 
Bonus Restricted Stock shall otherwise be subject to the terms of the plan pursuant to which it is granted and/or an award agreement to be entered into between Executive and the Company.

 (d) Director Restricted Stock. The 15,245 shares of restricted stock (“Director Restricted Stock”)
held by Executive that were granted in connection with Executive’s commencement of service as a non-employee member of the Board in September 2012 shall vest, and the risk of forfeiture thereon lapse, on February 1, 2013 subject to
Executive’s continued service to the Company (including providing services hereunder) through such date. 
 (e)
Additional Equity Awards. Executive shall be eligible to be granted additional equity awards in accordance with the Company’s policies as in effect from time to time. 

4. Termination. 
 (a) Severance Agreement. In connection with Executive’s employment hereunder, the parties shall simultaneously enter into the Severance Agreement. 

(b) At-will Employment. Subject to any obligation of the Company to provide severance in accordance with the Severance Agreement,
the Company and Executive acknowledge that Executive’s employment is and shall continue to be at-will, as defined under applicable law. This means that it is not for any specified period of time and can be terminated by Executive or by the
Company at any time, with or without advance notice, and for any or no particular reason or cause. This “at-will” nature of Executive’s employment shall remain unchanged during Executive’s tenure as an employee and may not be
changed, except in an express writing signed by Executive and approved by the Board. If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, award or compensation other than as
provided in the Severance Agreement. 

  
 7 

 (c) Deemed Resignation. Upon termination of Executive’s employment for any
reason, Executive shall be deemed to have resigned from all offices and directorships, if any, then held with the Company or any of its affiliates, and, at the Company’s request, Executive shall execute such documents as are necessary or
desirable to effectuate such resignations. 
 (d) Return of Company Property. Executive hereby acknowledges and agrees
that all Company Property and equipment furnished to, or prepared by, Executive in the course of, or incident to, Executive’s employment, belongs to the Company and shall be promptly returned to the Company upon termination of Executive’s
employment (and will not be kept in Executive’s possession or delivered to anyone else). For purposes of this Agreement, “Company Property” includes, without limitation, all books, manuals, records, reports, notes, contracts,
lists, blueprints, and other documents, or materials, or copies thereof (including computer files), keys, building card keys, company credit cards, telephone calling cards, computer hardware and software, cellular and portable telephone equipment,
personal digital assistant (PDA) devices, and all other proprietary information relating to the business of the Company or its subsidiaries or affiliates. Following termination, Executive shall not retain any written or other tangible material
containing any proprietary information of the Company or its subsidiaries or affiliates. 
 5. Assignment and
Successors. 
 The Company, subject to the next sentence and only with the Severance Agreement, may assign its rights
and obligations under this Agreement to, and only to, any successor to all or substantially all of the business or the assets of the Company (by merger or otherwise). Any successor to the Company (whether direct or indirect and whether by purchase,
merger, consolidation, liquidation or otherwise) to all or substantially all of the Company’s business and/or assets shall assume in writing the obligations under this Agreement and the Severance

  
 8 

 
Agreement and agree expressly to perform the obligations under this Agreement and the Severance Agreement in the same manner and to the same extent as the Company would be required to perform
such obligations in the absence of a succession. For all purposes under this Agreement, the term “Company” shall include any successor to the Company’s business and/or assets in accordance with the first sentence of this
Section, which executes and delivers the assumption agreement described in this Section 5 or which becomes bound by the terms of this Agreement by operation of law. This Agreement shall be binding upon and inure to the benefit of the Company,
Executive and their respective successors, permitted assigns, personnel and legal representatives, executors, administrators, heirs, distributees, devisees, and legatees, as applicable. None of Executive’s rights or obligations may be assigned
or transferred by Executive, other than Executive’s rights to payments hereunder, which may be transferred only by will or operation of law. 
 6. Miscellaneous Provisions. 
 (a) Work Eligibility;
Confidentiality Agreement. As a condition of Executive’s employment with the Company, Executive will be required to provide evidence of Executive’s identity and eligibility for employment in the United States. It is required that
Executive bring the appropriate documentation with Executive at the time of employment. As a further condition of Executive’s employment with the Company, Executive shall enter into and abide by the Company’s standard Confidentiality and
Non-Solicitation Agreement (the “Confidential Information Agreement”). Notwithstanding the foregoing or anything in the Confidential Information Agreement to the contrary, (A) in the event of a conflict or inconsistency between
the Confidential Information Agreement and this Agreement or the Severance Agreement, the terms of this Agreement or the Severance Agreement, as applicable, 

  
 9 

 
shall apply and (B) in no event shall any covenant or restriction contained in the Confidential Information Agreement applicable to Executive be deemed to be more stringent than such similar
covenant or restriction set forth in this Agreement or the Severance Agreement. 
 (b) Acknowledgements and Agreements.
Executive represents that Executive’s employment by the Company does not and will not breach any agreement with any former employer, including any non-compete agreement or any agreement to keep in confidence or refrain from using information
acquired by Executive prior to Executive’s employment by the Company. During Executive’s employment by the Company, Executive agrees that Executive will not violate any non-solicitation agreements Executive entered into with any former
employer or improperly make use of, or disclose, any information or trade secrets of any former employer or other third party, nor will Executive bring onto the premises of the Company or use any unpublished documents or any property belonging to
any former employer or other third party, in violation of any lawful agreements with that former employer or third party. Notwithstanding anything to the contrary, the parties hereto agree that this Section 6(b) shall supersede Section 6
of the Confidential Information Agreement, in its entirety. 
 (c) Validity. The invalidity or unenforceability of any
provision or provisions of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. All questions concerning the construction, validity and interpretation
of this Agreement will be governed by the laws of the State of California without regard to the conflicts of law provisions thereof. 
 (d) Notices. Any notice, request, claim, demand, document and other communication hereunder to any Party shall be effective upon receipt (or refusal of receipt) and

  
 10 

 
shall be in writing and delivered personally or sent by facsimile or certified or registered mail, postage prepaid (or if it is sent through any other method agreed upon by the parties), as
follows: 
 (i) if to the Company: 
     Company: The Wet Seal, Inc. 

    Address: 26972 Burbank 
     Foothill Ranch, CA 92610 
     Attn:
Board of Directors 
     Facsimile: (949) 206-4977 

(ii) if to Executive, at the address set forth in Executive’s personnel file with the Company; or 

(iii) at any other address as any Party shall have specified by notice in writing to the other Party. 

(e) Non-Solicitation. Executive hereby agrees that Executive shall not, at any time during the Term and during the twelve
(12) month period immediately following the termination of Executive’s employment with the Company for any reason, directly or indirectly, either for himself or on behalf of any other person or entity, (A) recruit or otherwise solicit
or induce any employee, customer or supplier of the Company to terminate its employment or arrangement with the Company, or otherwise change its relationship with the Company, or (B) hire, or cause to be hired, any person who was employed by
the Company at any time during the twelve (12)-month period immediately prior to the termination of Executive’s employment with the Company or who thereafter becomes employed by the Company, provided that normal competitive activities
promoting another entity or its products or selling or marketing such products, shall not be a violation of these provisions nor shall general advertising. 

  
 11 

 (f) Counterparts. This Agreement may be executed in several counterparts, each of
which shall be deemed to be an original, but all of which together will constitute one and the same Agreement. Signatures delivered by facsimile shall be deemed effective for all purposes. 

(g) Entire Agreement. The terms of this Agreement, collectively with the Severance Agreement, the Confidential Information
Agreement, the agreements evidencing the Restricted Stock, Performance Stock and Bonus Restricted Stock, The Director grant agreements, the Indemnification Agreement (as defined in Section 6(k)), the Company’s bylaws (as may be amended
from time to time) and the Company’s Restated Certificate of Incorporation (as may be amended from time to time), is intended by the Parties to be the final expression of their agreement with respect to the employment of Executive by the
Company and supersede all prior understandings and agreements, whether written or oral. The Parties further intend that this Agreement, collectively with the Severance Agreement, the Confidential Information Agreement, the agreements evidencing the
Restricted Stock, Performance Stock and Bonus Restricted Stock, the Director grant agreements, the Indemnification Agreement, the Company’s bylaws (as may be amended from time to time) and the Company’s Restated Certificate of
Incorporation (as may be amended from time to time), shall constitute the complete and exclusive statement of their terms and that no extrinsic evidence whatsoever may be introduced in any judicial, administrative, or other legal proceeding to vary
the terms of this Agreement. 
 (h) Amendments; Waivers. This Agreement may not be modified, amended, or terminated
except by an instrument in writing, signed by Executive and approved by the Board. By an instrument in writing similarly executed, Executive or, following approval by the Board, the individual authorized by the Board in such approval, as applicable,
may waive 

  
 12 

 
compliance by the other Party with any specifically identified provision of this Agreement that such other Party was or is obligated to comply with or perform; provided, however,
that such waiver shall not operate as a waiver of, or estoppel with respect to, any other or subsequent failure. No failure to exercise and no delay in exercising any right, remedy, or power hereunder preclude any other or further exercise of any
other right, remedy, or power provided herein or by law or in equity. 
 (i) Arbitration. The Parties agree that if any
disputes should arise between Executive and the Company (including claims against its employees, officers, directors, shareholders, agents, successors and assigns) relating or pertaining to or arising out of Executive’s employment with the
Company, the dispute will be submitted exclusively to binding arbitration before a neutral arbitrator pursuant to the Rules of the American Arbitration Association in Los Angeles, California. This means that disputes will be decided by an
arbitrator rather than a court or jury, and that both Executive and the Company waive their respective rights to a court or jury trial, except to enforce the decision of the arbitrator. The Parties understand that the arbitrator’s decision
will be final and exclusive, and cannot be appealed. Nothing in this Agreement is intended to prevent either Executive or the Company from obtaining injunctive relief in court to prevent irreparable harm pending the conclusion of any such
arbitration. Notwithstanding the foregoing, Executive and the Company each have the right to resolve any issue or dispute over intellectual property rights by Court action instead of arbitration. 

(j) Withholding. The Company shall be entitled to withhold from any amounts payable under this Agreement (including, without
limitation, any allowances and reimbursements) any federal, state, local or foreign withholding or other taxes or charges which 

  
 13 

 
the Company is required to withhold. The Company shall be entitled to rely on an opinion of counsel if any questions as to the amount or requirement of withholding shall arise. 

(k) Indemnification. The parties have previously entered into an agreement as to indemnification and related matters in connection
with Executive’s service as a director. Such agreement shall continue to apply and shall cover Executive’s service hereunder. The Executive shall be covered by any directors and officers liability insurance maintained by the Company or any
of its subsidiaries during employment or directorship and thereafter while any liability exists, to at least the same extent as any other director or officer is covered. This provision shall survive any termination of Executive’s employment or
directorship. 
 7. Section 409A. 
 The intent of the Parties is that the payments and benefits under this Agreement be exempt from, or in compliance with, Section 409A of the Internal Revenue Code of 1986, as amended (collectively
with the Department of Treasury regulations and other interpretive guidance issued thereunder, including without limitation any such regulations or other guidance that may be issued after the Effective Date, “Section 409A”), and,
accordingly, to the maximum extent permitted, this Agreement shall be interpreted accordingly. If Executive notifies the Company that Executive has received advice of tax counsel of a national reputation with expertise in Section 409A that any
provision of this Agreement would cause Executive to incur any additional tax or interest under Section 409A (with specificity as to the reason therefor) or the Company independently makes such determination, the Company and Executive shall
take commercially reasonable efforts to reform such provision to try to comply with or be exempt from Section 409A through good faith modifications to the minimum extent reasonably appropriate to conform with Section 409A, provided
that any such modifications shall not 

  
 14 

 
materially increase the cost or liability to the Company. To the extent that any provision hereof is modified in order to comply with or be exempt from Section 409A, such modification shall
be made in good faith and shall, to the maximum extent reasonably possible, maintain the original intent and economic benefit to Executive and the Company of the applicable provision without violating the provisions of Section 409A.
Section 14(a) of the Severance Agreement shall be deemed incorporated herein as if set forth in full herein 
 [Signature
Page Follows] 

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

			
	THE WET SEAL, INC.
		
	By:	 	  

	Name: Lynda Davey
	Title: Chairman of the Board of Directors
	
	EXECUTIVE
		
	By:	 	  

	Name: John Goodman

 SIGNATURE PAGE 

 Exhibit A 

Current Board of Director Service 
 Bleach Group, Inc. 

 Exhibit B 

Form of Change in Control and Severance Agreement

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