Document:

Exhibit
10.1 +

CONFIDENTIAL
TREATMENT REQUESTED

CONFIDENTIAL
PORTIONS OF THIS AGREEMENT WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[****]”). THE OMITTED MATERIAL HAS
BEEN FILED SEPARATELY WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 

 

MEMBERSHIP
INTEREST PURCHASE AGREEMENT

by
and among

 

ROLLINS,
INC.,

NORTHWEST EXTERMINATING CO., INC.

 

NW
HOLDINGS, LLC

 

and

 

THE
STOCKHOLDERS OF NORTHWEST EXTERMINATING CO., INC.

dated as of

 

July
24, 2017

 

    	 

    

	TABLE
    OF CONTENTS
	 	 	Page
	 	 	 
	ARTICLE I PURCHASE AND SALE	2
	 	 	 
	1.1	Purchase and Sale	2
	1.2	Purchase Price	2
	1.3	Closing Consideration	2
	1.4	Payment of Closing Consideration; Aggregate Closing Amount	2
	1.5	Earnout Consideration	3
	1.6	Aggregate Closing Amount Payment Procedures	3
	1.7	Transactions to be Effected at the Closing	3
	1.8	Purchase Price Adjustment	4
	1.9	Holdings’  Representative Capacity	7
	 	 	 
	ARTICLE II REPRESENTATIONS AND WARRANTIES OF HOLDINGS AND THE COMPANY	9
	 	 
	2.1	Organization; Standing and Power	9
	2.2	Capitalization	9
	2.3	Authority	10
	2.4	Ownership and Title to Interests	10
	2.5	Subsidiaries	10
	2.6	Absence of Restrictions and Conflicts	11
	2.7	Compliance with Laws	11
	2.8	Financial Statements; Receivables	11
	2.9	Absence of Certain Changes or Events	12
	2.10	Litigation	13
	2.11	Governmental Authorization	13
	2.12	Real Property	13
	2.13	Title to Assets; Related Matters	14
	2.14	Intellectual Property	14
	2.15	Taxes	15
	2.16	Employee Benefit Plans	18
	2.17	Employee Matters	21
	2.18	Material Contracts	22
	2.19	Transactions with Affiliates	24
	2.20	Environmental Matters	25
	2.21	Pest Treatment	26
	2.22	Clients and Vendors	27
	2.23	Bankruptcy; Insolvency	27
	2.24	Brokers or Finders	27
	2.25	No Restrictions	27
	2.26	Insurance	28
	2.27	Bank Accounts	28
	2.28	Powers of Attorney	28
	2.29	Foreign Corrupt Practices	28
	2.30	Disclosure	28
	2.31	No Other Representations or Warranties	29

    	 

    	 

    
	ARTICLE III REPRESENTATIONS AND WARRANTIES OF STOCKHOLDERS 
	29
	 	 
	3.1	Power and Authority; Execution and Validity	29
	3.2	Absence of Conflicts	29
	3.3	Governmental and Third Party Approvals	30
	3.4	Litigation	30
	3.5	Fees	30
	 	 	 
	ARTICLE IV REPRESENTATIONS AND WARRANTIES OF BUYER 
	30
	 	 
	4.1	Corporate Organization, Standing and Power	30
	4.2	Authority	31
	4.3	Litigation	31
	4.4	Sufficiency of Funds	31
	4.5	Brokers or Finders	31
	4.6	Investment Intention	32
	4.7	Independent Investigation	32
	 	 	 
	ARTICLE V COVENANTS 
	32
	 	 
	5.1	Normal Course	32
	5.2	Conduct of Business	32
	5.3	Employment	34
	5.4	Access to Personnel, Books and Records Following Signing	35
	5.5	Certain Tax Matters	35
	5.6	Regulatory Filings	38
	5.7	Notices and Consents	39
	5.8	Notification	39
	5.9	Public Announcement	39
	5.10	Contact with Customers and Suppliers	40
	5.11	Further Assurances	40
	5.12	Continuing Nondisclosure Requirements	40
	5.13	Operating Guidelines	40
	5.14	Books and Records	40
	 	 	 
	ARTICLE VI CONDITIONS TO CLOSING 
	41
	 	 
	6.1	Conditions to Obligations of All Parties	41
	6.2	Conditions to Obligations of Buyer	41
	6.3	Conditions to Obligations of Holdings, the Stockholders, and the Company	42
	6.4	Failure of Conditions	43
	 	 	 
	ARTICLE VII CLOSING 
	43
	 	 
	7.1	Closing	43
	7.2	Company Closing Deliveries	44
	7.3	Buyer Closing Deliveries	44

    	 

    	 

    

	ARTICLE VIII INDEMNIFICATION 	45
	 	 	 
	8.1	Indemnification	45
	8.2	Survival of Representations, Warranties and Covenants	46
	8.3	Limitations on Indemnification Obligations	47
	8.4	Notices; Payment of Damages	48
	8.5	Third Party Claims	49
	8.7	Termite Warranty Claims	51
	8.8	Exclusive Remedy	53
	 	 	 
	ARTICLE IX TERMINATION 	53
	 	 
	9.1	Termination	53
	9.2	Procedure for Termination	53
	9.3	Effect of Termination	54
	 	 	 
	ARTICLE X MISCELLANEOUS 	54
	 	 
	10.1	Waiver; Amendment	54
	10.2	Counterparts	54
	10.3	Governing Law; Waiver of Jury Trial	54
	10.4	Expenses	55
	10.5	Notices	55
	10.6	Entire Understanding; No Third Party Beneficiaries	57
	10.7	Severability	57
	10.8	Interpretation	58
	10.9	Assignment; Successors	58
	10.10	Construction	58
	10.11	Specific Performance	58
	10.12	Representations of Stockholders	59
	 	 	 
	ARTICLE XI DEFINITIONS 	59

	LIST
    OF SCHEDULES
	 	 
	Exhibit “A”	Restructuring
	Exhibit “B”	Goodwill Purchase Agreement
	Exhibit “C”	Operating Guidelines
	Exhibit “D”	Form of Non-Competition Agreement
	 	 
	Schedule 1	Holdback Requirements
	Schedule 2	Earnout Consideration Requirements
	Schedule 3	Estimated Calculation
	Schedule 4	Excluded Assets
	Schedule 5	Purchase Price Allocation
	Schedule 6	Form of Employment Agreement
	Schedule 7	Form of Commercial Lease for the
    Company’s facilities; Base Rent Analysis
	Schedule 8	Trademark License Agreement
	Schedule 9	Specified Indemnity Obligations

    	 

    	 

    
CONFIDENTIAL
PORTIONS OF THIS AGREEMENT WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[****]”). THE OMITTED MATERIAL HAS
BEEN FILED SEPARATELY WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 

MEMBERSHIP
INTEREST PURCHASE AGREEMENT

 

THIS
MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “Agreement”), dated as of July 24, 2017, is entered
into by and among ROLLINS, INC. a Delaware corporation (“Buyer”), NW HOLDINGS, LLC., a
Georgia limited liability company (“Holdings”), NORTHWEST EXTERMINATING CO., INC., a Georgia
corporation (the “Company”), and the stockholders of the Company listed on the signature pages hereto
(each, a “Stockholder” and collectively, the “Stockholders”).

RECITALS

 

WHEREAS,
no later than immediately prior to the Closing (as defined herein), Holdings, the Stockholders, and the Company shall affect
the restructuring described on Exhibit A to this Agreement (the “Restructuring”);

WHEREAS,
as a result of the Restructuring (i) the Stockholders shall own 100% of the equity interests in Holdings; (ii) Holdings shall
own 100% of the equity interests (“Interests”) in the Company, and (iii) the Company shall elect to
be a limited liability company pursuant to Section 14-2-1109.1 of the Georgia Business Corporation Code and Section 14-11-212
of the Georgia Limited Liability Company Act;

WHEREAS,
the Company is engaged in the residential and commercial pest prevention service businesses (collectively, the “Business”);

WHEREAS,
Holdings desires to sell to Buyer all of the Interests in the Company, upon the terms and subject to the conditions set forth
in this Agreement;

WHEREAS,
as a result of the transactions contemplated hereby, Buyer will acquire all of the Interests, and Holdings will receive the
consideration described in Article I of this Agreement (the “Transaction”);

WHEREAS,
the Manager of Holdings and the Board of Directors of the Company have determined that the Restructuring and the Transaction are
in the best interests of Holdings and the Company;

WHEREAS,
the Stockholders have executed an irrevocable written consent approving the Restructuring and the Transaction and approving, adopting
and authorizing in all respects this Agreement; and

WHEREAS, contemporaneously
with the consummation of the Transaction, [****] will sell all of his personal goodwill related to the business and
operations conducted by the Company (the “[****] Goodwill”) under a separate Personal Goodwill
Purchase Agreement to be executed as of the Closing Date, between Buyer and [****] (the form of which is attached hereto as Exhibit
B and is referred to as the “Goodwill Purchase Agreement”).

    	1

    	 

    
CONFIDENTIAL PORTIONS OF THIS AGREEMENT
WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[****]”). THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH
THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 

NOW,
THEREFORE, in consideration of the mutual covenants and agreements hereinafter set forth and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

Article
I

purchase and sale

 

1.1           Purchase
and Sale. Subject to the terms and conditions set forth herein, at the Closing, (a) Holdings shall sell, assign, transfer and
deliver the Interests to Buyer, free and clear of all Encumbrances, and (b) Buyer shall purchase and accept the Interests from
Holdings for the consideration specified in Section 1.2.

1.2           Purchase
Price. The aggregate purchase price for the Interests shall be up to One Hundred and Thirty-nine Million Six Hundred and
Fifty Thousand Dollars ($139,650,000.00), consisting of cash in the amount of One Hundred and Twenty Two Million One Hundred and
Fifty Thousand Dollars ($122,150,000.00)(the “Cash Consideration”), plus a contingent earnout
payment of up to Seventeen Million Eight Hundred Thousand Dollars ($17,800,000.00) (the “Earnout Consideration”;
the Cash Consideration and the Earnout Consideration, subject to adjustment pursuant to Section 1.8, are together the
“Purchase Price”).

1.3           Closing
Consideration. The aggregate consideration to be paid by Buyer at the Closing (the “Closing Consideration”)
shall consist of the Cash Consideration, minus [****] Dollars ($[****]) (the “Holdback”), and
less [****] Dollars ($[****]; the “Closing Adjustment Holdback”). The Holdback will be withheld
by the Buyer as security for Holdings, the Company, and the Stockholders’ obligations under this Agreement, and shall be
disbursed in accordance with the terms and conditions as set forth on Schedule 1 hereto. The Closing Adjustment
Holdback shall be subject to the Post-Closing Adjustment provisions set forth in Section 1.8(b) hereof.

1.4           Payment
of Closing Consideration; Aggregate Closing Amount.

(a)          
The aggregate amount to be paid by Buyer at Closing shall consist of the cash amount equal to (i) the Closing Consideration plus (ii)
the Closing Company Cash, plus or minus (iii) the Closing Adjustment (as defined in Section 1.8(a),
below), plus the Tax Reimbursement (as defined in Section 5.5(a)), and less (iv) the Transaction
Expenses (the “Aggregate Closing Amount”). The Aggregate Closing Amount shall be paid to Holdings
at Closing.

    	2

    	 

    

CONFIDENTIAL
PORTIONS OF THIS AGREEMENT WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[****]”). THE OMITTED MATERIAL HAS
BEEN FILED SEPARATELY WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 

 

(b)
         Holdings shall retain [****] Dollars ($[****]) (the “Holdings Expense Amount”) from the
Aggregate Closing Amount for the purposes of paying fees and satisfying expenses under this Agreement, including the costs
and expenses incurred in defending against any claim for indemnification made by Buyer under this Agreement, including the
hiring of experts and legal counsel (the “Stockholder Expenses”). Holdings will hold the Holdings
Expense Amount in an account at a financial institution (the “Holdings Expense Account”), will not
use or otherwise apply these funds for any purpose other than as set forth in this Agreement, and will not voluntarily make
these funds available to its creditors in the event of bankruptcy. The remaining funds within the Holdings Expense Account
shall be distributed by Holdings to the Stockholders in accordance with their respective Pro Rata Percentages, by wire
transfer of immediately available funds as designated in their respective Letters of Transmittal.

1.5          Earnout
Consideration. The Earnout Consideration shall be earned pursuant to the requirements, and paid to the Holdings at the times,
as set forth on Schedule 2.

1.6          Aggregate
Closing Amount Payment Procedures.

(a)           Holdings
shall distribute the Aggregate Closing Amount, less the Holdings Expense Amount, to the Stockholders as provided in this
Section.

(b)           Prior
to receiving any portion of the Aggregate Closing Amount, each Stockholder shall deliver to Holdings a properly completed and
duly executed letter of transmittal (a “Letter of Transmittal”) which includes payment instructions
and a Form W-9/Form W-8BEN along with any such other documents as Holdings may reasonably require (collectively, “Payment
Instructions”) and (ii) a release of the Company and Buyer (the “Release”) ((i) and (ii)
together, the “Transmittal Package”). Upon a Stockholder’s delivery of a duly executed and completed
Transmittal Package to Holdings, such Stockholder shall be entitled to his, her, or its Pro Rata Percentage of the Aggregate Closing
Amount, less the Holdings Expense Amount.

(c)           Holdings,
its designee, Buyer or the Company (as appropriate) shall be entitled to deduct and withhold from consideration otherwise payable
pursuant to this Agreement to any Person such amounts as are required to be deducted and withheld with respect to the making of
such payment under the Code, or any provision of state, local or foreign Tax Law. To the extent that amounts are so withheld,
such withheld amounts shall be treated for all purposes of this Agreement as having been paid to such Person in respect of which
such deduction and withholding was made.

1.7          Transactions
to be Effected at the Closing.

(a)           At
the Closing, Buyer shall deliver to Holdings, the Company and/or the Stockholders:

    	3

    	 

    

(i)          to
Holdings, the Aggregate Closing Amount pursuant to Section 1.4, subject to any Closing Adjustment pursuant to Section
1.8(a), by wire transfer of immediately available funds; and

(ii)          the
Transaction Documents and all other agreements, documents, instruments or certificates required to be delivered by Buyer at or
prior to the Closing pursuant to Section 7.3 of this Agreement.

(b)          At
the Closing, Holdings, the Company, and/or the Stockholders shall deliver to Buyer:

(i)          Evidence
of transfer of the Interests, free and clear of all Encumbrances;

(ii)         the
Releases; and

(iii)        the
Transaction Documents and all other agreements, documents, instruments or certificates required to be delivered by the Company
and Stockholders at or prior to the Closing pursuant to Section 7.2 of this Agreement.

1.8          Purchase
Price Adjustment.

(a)           Closing
Adjustment; Closing Statement.

(i)          At
least three (3) Business Days before the Closing, the Company, Stockholders and Buyer shall jointly determine an amount (the “Estimated
Net Asset Value”) by adjusting the Company’s unaudited, consolidated balance sheet as of May 31, 2017 (the
“Estimated Closing Balance Sheet”) to (A) accrue for certain liabilities as agreed to by the Parties
since the Company does not accrue for expenses under the Company Accounting Policies, and (B) reflect other substantive adjustments
that are agreed to by the Parties prior to the date hereof (the “Estimated Calculation”). The Estimated
Calculation, which sets forth the Estimated Net Asset Value, is attached as Schedule 3. Holdings and the Stockholders
represent and warrant the Estimated Closing Balance Sheet has been prepared based upon the Company Accounting Policies adjusted
for the accruals noted in Schedule 3.

(ii)         The
“Closing Adjustment” shall be an amount equal to the Actual Closing Net Asset Value minus the
Estimated Net Asset Value. If the Closing Adjustment is a positive number (the “Excess Net Asset Value Amount”),
the Purchase Price shall be increased by the amount of the Closing Adjustment. If the Closing Adjustment is a negative number
(the “Net Asset Value Shortfall Amount”), the Purchase Price shall be reduced by the amount of the Closing
Adjustment.

(iii)          “Net
Asset Value” means: (a) the Assets of the Company, less (b) the Liabilities of the Company, determined as of the
open of business on the Closing Date, determined in accordance with the Company Accounting Policies and the Estimated Calculation
determined in accordance with the methodology outlined on Schedule 3. For the avoidance of doubt, all deferred revenue, including
Cash on Program and related deferred payments, and related deferred expenses will be treated as current liabilities included in
the Estimated Closing Balance Sheet and the Actual Net Asset Value calculation.

    	4

    	 

    

(b)          Post-Closing
Adjustment.

(i)          Within
ninety (90) days after the Closing Date, Buyer, with reasonable input and review by Holdings, shall prepare and deliver to Holdings
an unaudited draft balance sheet of the Company as of the time of Closing (the “Closing Balance Sheet”),
and a calculation of the Net Asset Value (the “Actual Net Asset Value”) prepared in accordance with
the Company Accounting Policies and Estimated Calculations as set forth in Schedule 3, including the adjustments set forth
thereon, (the “Actual Net Asset Value Statement”).

(ii)         The
post-closing adjustment shall be an amount equal to the Closing Net Asset Value minus the Estimated Net Asset Value, with a dollar
for dollar adjustment (whether positive or negative) equal to the difference between the Closing Net Asset Value and the Estimated
Net Asset Value (the “Post-Closing Adjustment”). If the Post-Closing Adjustment is a positive number,
Buyer shall pay to Holdings an amount equal to the Post-Closing Adjustment, plus the Closing Adjustment Holdback. If the Post-Closing
Adjustment is a negative number, the Buyer shall retain the amount of the Post-Closing Adjustment from the Closing Adjustment
Holdback, and, to the extent that the Closing Adjustment Holdback is insufficient to cover the entire Post-Closing Adjustment,
from the Holdback to the extent of such insufficiency.

(iii)        From
the Closing Date through the date of the determination of the final Purchase Price Adjustment provided for in this Section 1.8,
Buyer shall give Holdings and its advisors reasonable access during normal business hours to the books and records, the accounting
and other appropriate personnel and the accountants for the Company and Buyer in order to review the Post-Closing Adjustment,
Closing Balance Sheet and Closing Net Asset Value Statement; provided, that such access shall be in a manner that does
not interfere with the normal business operations of Buyer or the Company.

(iv)        For
purposes of this subsection (b), the Parties agree to allocate expenses for utilities, water, internet, phone and sewer charges
incurred in the operation of the business of the Company based on the number of days occurring period to the Closing Date and
beginning on and following the Closing Date during the billing period.

(c)           Examination
and Review.

(i)          Examination.
After receipt of the Closing Balance Sheet and Closing Net Asset Value Statement, Holdings shall have thirty (30) days (the
“Review Period”) to review the Closing Balance Sheet and Closing Net Asset Value Statement. During the
Review Period, Holdings shall have full access to the books and records of the Company, the personnel of, and work papers prepared
by, Buyer and/or Buyer’s Accountants to the extent that they relate to the Closing Balance Sheet and Closing Net Asset Value
Statement and to such historical financial information (to the extent in Buyer’s possession) relating to the Closing Balance
Sheet and Closing Net Asset Value Statement as Holdings may reasonably request for the purpose of reviewing the Closing Net Asset
Value Statement and to prepare a Statement of Objections (defined below); provided, that such access shall be in a manner
that does not interfere with the normal business operations of Buyer or the Company.

    	5

    	 

    

(ii)         Objection.
On or prior to the last day of the Review Period, Holdings may object to the Closing Balance Sheet and/or Closing Net Asset
Value Statement by delivering to Buyer a written statement setting forth Holdings’ objections in reasonable detail, specifically
identifying each disputed item or amount and the basis for Holdings’ disagreement therewith (the “Statement
of Objections”). If Holdings fails to deliver the Statement of Objections before the expiration of the Review Period,
the Closing Balance Sheet, Closing Net Asset Value Statement and the Post-Closing Adjustment, as the case may be, reflected in
the Closing Net Asset Value Statement shall be deemed to have been accepted by Holdings. If Holdings delivers the Statement of
Objections before the expiration of the Review Period, Buyer and Holdings shall negotiate in good faith to resolve such objections
within thirty (30) days after the delivery of the Statement of Objections (the “Resolution Period”),
and, if the same are so resolved within the Resolution Period, the Closing Balance Sheet, Post-Closing Adjustment, and Closing
Net Asset Value Statement with such changes as may have been previously agreed in writing by Buyer and Holdings, shall be final
and binding.

(iii)         Resolution
of Disputes. If Holdings and Buyer fail to reach an agreement with respect to all of the matters set forth in the Statement
of Objections before expiration of the Resolution Period, then any amounts remaining in dispute (“Disputed Amounts”)
shall be submitted for resolution by the mutual agreement of Buyer and Holdings to the office of an impartial nationally recognized
firm of independent certified public accountants other than the Company’s Accountants or Buyer’s Accountants (the
“Independent Accountant”) who, acting as experts and not arbitrators, shall resolve the Disputed Amounts
only and make any adjustments to the Closing Balance Sheet, Post-Closing Adjustment, and the Closing Net Asset Value Statement,
as the case may be. The parties hereto agree that all adjustments shall be made without regard to materiality. The Independent
Accountant shall only decide the specific items under dispute by the parties and their decision for each Disputed Amount must
be within the range of values assigned to each such item in the Closing Balance Sheet, Closing Net Asset Value Statement and the
Statement of Objections.

(iv)        Fees
of the Independent Accountant. The fees and expenses of the Independent Accountant shall be paid by Holdings, on the one hand,
and by Buyer, on the other hand, based upon the percentage that the amount actually contested but not awarded to Holdings or Buyer,
respectively, bears to the aggregate amount actually contested by Holdings and Buyer. For example, if Holdings challenges the
calculation of the Post-Closing Adjustment by an amount of One Hundred Thousand Dollars ($100,000), but the Independent Accountant
determines that Holdings has a valid claim for only Sixty Thousand Dollars ($60,000), Holdings shall bear forty percent (40%)
of the fees and expenses of the Independent Accountant and Buyer shall bear the other sixty percent (60%) of such fees and expenses.

(v)         Determination
by Independent Accountant. The Independent Accountant shall make a determination as soon as practicable within thirty (30)
days (or such other time as the parties hereto shall agree in writing) after their engagement, and their resolution of the Disputed
Amounts and their adjustments to the Closing Balance Sheet, Closing Net Asset Value Statement and/or the Post-Closing Adjustment
shall be conclusive and binding upon the parties hereto. The Independent Accountants shall utilize the Company Accounting Policies
in making their determination.

    	6

    	 

    

(vi)        Payments
of Post-Closing Adjustment. Except as otherwise provided herein, any payment of the Post-Closing Adjustment, shall be due
(x) within five (5) Business Days of acceptance of the applicable Closing Balance Sheet and Closing Net Asset Value Statement
or (y) if there are Disputed Amounts, then within five (5) Business Days of the resolution described in clause (v) above. To the
extent that the Post-Closing Adjustment is an amount payable by Holdings to the Buyer, the Buyer shall retain such amount from
the Closing Adjustment Holdback, and, to the extent that the Closing Adjustment Holdback is insufficient to cover the entire Post-Closing
Adjustment, from the Holdback to the extent of such insufficiency. To the extent that the Post-Closing Adjustment is an amount
payable by Buyer to Holdings, then Holdings upon receipt shall promptly then distribute the Closing Adjustment Holdback, and the
Post-Closing Adjustment received from Buyer, to the Stockholders in accordance with their respective Pro Rata Percentages, by
wire transfer as designated in their respective Letters of Transmittal, of immediately available funds. For the avoidance of doubt,
any funds remaining in the Closing Adjustment Holdback after processing the Post-Closing Adjustment (as provided for above) shall
be paid to Holdings by Buyer and shall not be applied to the Holdback or reserved for other claims. 

(d)           Adjustments
for Tax Purposes. Any payments made pursuant to this Section 1.8 shall be treated as an adjustment to the Purchase
Price by the parties for Tax purposes, unless otherwise required by Law.

1.9           Holdings’
Representative Capacity.

(a)            By
execution of this Agreement, each Stockholder acknowledges and agrees that, to the extent applicable, Holdings is hereby appointed
as the Stockholders’ true and lawful representative, proxy, agent and attorney-in-fact with full power and authority to
act for, and on behalf of, the Stockholders in connection with all matters relating to the Transaction Documents and the Transaction,
including, without limitation, (i) to take such actions and to execute and deliver such amendments, modifications, waivers
and consents in connection with this Agreement and the other Transaction Documents, (ii) to give and receive notices and
communications, (iii) to receive and accept service of legal process in connection with any Action arising under the Transaction
Documents or in connection with the Transaction, (iv) to receive and deliver to the Stockholders, in accordance with their
respective Pro Rata Percentages, the amount(s) comprising the Excess Net Asset Value Amount, the remainder of the Holdings Expense
Account, and the Earnout Consideration, as applicable, (v) to object to or accept any claims in connection with the Excess
Net Asset Value Amount, the Net Asset Value Shortfall Amount, and/or the Holdback, as applicable, (vi) to agree to, negotiate,
enter into settlements and compromises of, and demand arbitration and comply with orders of courts and awards of arbitrators with
respect to the Excess Net Asset Value Amount, the Net Asset Value Shortfall Amount, and/or the Holdback, as applicable, (vii) to
enforce payment of any amounts payable to the Stockholder Indemnified Parties on behalf of the Buyer Indemnifying Parties, (viii)
to receive any and all notices and other communications to the Stockholders on behalf of the Stockholders as provided in Section
10.5 hereof, and (ix) to take all actions and execute such documents as are or may be necessary or appropriate in the opinion
of Holdings for the accomplishment of the foregoing. Holdings shall not receive compensation for its services. The authority conferred
under this Section 1.8 is an agency coupled with an interest and, to the extent permitted by applicable Law, all authority
conferred hereby is irrevocable and not subject to termination by the undersigned or by operation of law, whether by the death
or incapacity of any of the Stockholders, or the occurrence of any other event.

    	7

    	 

    

(b)           Holdings
shall not be liable to the Stockholders for any act done or omitted hereunder in the absence of gross negligence or willful misconduct.
The Stockholders shall, severally and not jointly, indemnify Holdings and its officers, directors, and/or manager(s), and hold
Holdings and its officers, directors, and/or manager(s) harmless from and against any and all Damages, Actions, liabilities, losses,
taxes, fines, penalties, costs, claims and expenses (including, without limitation, reasonable fees of counsel) of any kind or
nature whatsoever (whether or not arising out of third-party claims and including all amounts paid in investigation, defense or
settlement of the foregoing) which may be sustained or suffered by any of them as a result of any good faith error of judgment
on the part of Holdings or its officers, directors, or manager(s) or for any other act done or omitted in good faith by such persons
in connection with the administration of their duties hereunder, except where such losses arise from or are the result of such
person’s gross negligence or willful misconduct.

(c)           Any
decision, act, consent or instruction taken or given by Holdings pursuant to this Agreement shall constitute a decision, act,
consent or instruction of all Stockholders and shall be final, binding and conclusive upon each such Stockholder. Buyer may rely
upon any such decision, act, consent or instruction of Holdings as being the decision, act, consent or instruction of each and
every Stockholder and shall have no duty to inquire as to the acts and omissions of Holdings. Buyer is hereby relieved from any
liability to any Person for any acts done by them in accordance with, or otherwise with respect to any aspect of, such decision,
act, consent or instruction of Holdings.

(d)           All
expenses, if any, reasonably incurred by Holdings in connection with the performance of its duties hereunder will be borne and
paid by the Stockholders according to their respective Pro Rata Percentage. Such expenses pursuant to this Agreement (including
the hiring of legal counsel and the incurring of reasonable legal fees and costs) (the “Holdings Expenses”)
will be paid to Holdings from the Holdings Expense Account. For the avoidance of doubt, while this section allows Holdings to
be reimbursed from the Holdings Expense Account, this does not relieve Stockholders from promptly paying their respective Pro
Rata Percentage of all of Holdings Expenses as they are suffered or incurred in excess of the Holdings Expense Amount, nor does
it prevent Holdings from seeking any remedies available to it at law or otherwise in respect of the Pro Rata Percentage of any
unpaid amounts due from any Stockholder.

(e)            Notices
given to Holdings in accordance with Section 10.5 shall constitute notice to the Stockholders for all purposes under this
Agreement.

(f)            Any
Stockholder (whether or not then providing services to the Buyer or any of its Affiliates, including the Company) shall be permitted
to consult with Holdings on any Buyer Indemnity Claim or adjustment to the Purchase Price and, provided that such consultation
shall not unreasonably interfere with the obligations of such Stockholder under any written employment or consulting agreement
with the Buyer, such consultation shall not constitute a breach of any obligation owed by such Stockholder to the Buyer or any
Affiliate. For the avoidance of doubt, asserting a position contrary to Buyer regarding a matter herein shall not be deemed to
be an unreasonable interference with the obligations of a Stockholder under any written employment or consulting agreement.

    	8

    	 

    

Article
II

Representations and Warranties of HOLDINGS and the Company

Holdings
or the Company, as the case may be, represents and warrants to Buyer, and acknowledges that Buyer is relying upon such representations
and warranties in connection with its purchase of the Interests, that the statements contained in this Article II are true
and correct as of the date hereof, except as set forth in the Company Disclosure Schedule (the “Company Disclosure
Schedule”), which disclosure shall provide an exception to, or otherwise qualify, the representations or warranties
of the Company contained in the section of this Agreement corresponding by number to such disclosure and to any other representation
or warranty in this Agreement to which the applicability of such disclosure is reasonably apparent on its face or if the items
are expressly cross-referenced.

2.1           Organization;
Standing and Power. Holdings is a limited liability company duly organized, validly existing and in good standing under the Laws
of the State of Georgia. Prior to the Restructuring, the Company was a corporation duly organized, validly existing and in good
standing under the Laws of the State of Georgia, and after the Restructuring, the Company shall be a limited liability company
duly organized, validly existing, and in good standing under the Laws of the State of Georgia. The Company has all requisite power
and authority to own, lease and operate its properties and to carry on its Business as it is now being conducted and is duly qualified
to do business and is in good standing in each jurisdiction in which the failure to be so qualified and in good standing would
have a Material Adverse Effect. Section 2.1 of the Company Disclosure Schedule provides the jurisdictions in which the
Company is qualified to do business. The Company has previously furnished to Buyer a complete and correct copy of its certificate
of incorporation and bylaws, which were in effect prior to the Restructuring, and a copy of its Articles of Organization and Operating
Agreement which will be in effect after the Restructuring (or equivalent documents), each as amended to date (the “Company
Charter Documents”). The Company is not in violation of any of the provisions of the applicable Company Charter
Documents.

2.2           Capitalization.
Section 2.2 of the Company Disclosure Schedule (a) sets forth all of the holders of Capital Stock of the Company prior
to the Restructuring, who are the sole registered and beneficial holders of all of the issued and outstanding securities of any
kind of any of the Company (voting or otherwise) and the class and number of securities held by each holder prior to the Restructuring,
(b) specifically identifies any options that are outstanding or expected to be exercised or converted on or prior to the
Closing Date, and (c) identifies each such holder’s relative percentage of such security prior to the Restructuring.
After the Restructuring each holder of Capital Stock of the Company shall have an identical ownership interest in the Capital
Stock of Holdings, and Holdings shall own 100% of the equity interests of the Company. All of the issued and outstanding shares
of the Capital Stock of the Company (prior to the Restructuring) or Holdings (after the Restructuring) or other equity interests
of the Company (after the Restructuring) are duly authorized, validly issued, fully paid and nonassessable. Except as set forth
in Section 2.2 of the Company Disclosure Schedule, there are no other equity securities of any kind, no options, rights,
warrants, preemptive rights, calls, subscriptions, commitments, stockholder agreements or other instruments, understandings or
contracts (whether oral or written) outstanding giving any person or entity the right to acquire from the Company or Holdings
(whether by exercise, conversion or otherwise) any securities of any kind of the Company or Holdings (voting or otherwise) nor
are there any commitments to issue or execute any of the foregoing. None of the outstanding Interests has been issued in violation
of any preemptive rights of any security holder of the Company or Holdings or in violation of applicable securities Laws or any
other Law of any jurisdiction applicable to such issuance.

    	9

    	 

    

2.3           Authority.

(a)           Each
of Holdings and the Company has all requisite corporate power and authority to execute and deliver this Agreement and the Transaction
Documents to which it is a party and to perform its obligations hereunder and thereunder and to consummate the Transaction and
the transactions contemplated by the Transaction Documents. The execution, delivery and performance by Holdings and/or the Company
of this Agreement and the other Transaction Documents to which it is a party and the consummation of the Transaction and the transactions
contemplated by the Transaction Documents have been duly authorized by all necessary entity action on the part of Holdings and
the Company. This Agreement and the other Transaction Documents have been duly executed and delivered by Holdings and the Company
and (assuming due authorization, execution and delivery by each other party thereto) constitute the legal, valid and binding obligations
of Holdings and the Company, enforceable against each in accordance with their respective terms, subject to (i) Laws of general
application relating to bankruptcy, insolvency, reorganization, moratorium and the relief of debtors or similar Laws affecting
creditors’ rights generally, and (ii) the availability of specific performance, injunctive relief and other equitable
remedies (regardless of whether considered in a proceeding at Law or in equity).

(b)           The
affirmative vote (in person, by proxy or by written consent) of the holders of a majority of the outstanding shares of voting
interests of Holdings in favor of the adoption of this Agreement, and the affirmative vote (in person, by proxy or by written
consent) of holders of the Capital Stock of the Company (the “Stockholder Approval”) are the only votes
or approval necessary for Holdings or the Company to adopt this Agreement and approve the Transaction. All of the Stockholders
have executed an irrevocable written consent approving the Transaction and approving, adopting and authorizing in all respects
this Agreement.

2.4           Ownership
and Title to Interests. After the Restructuring, Holdings owns 100% of the equity interests in the Company. Upon the consummation
of the Closing pursuant to this Agreement, Buyer will own 100% of the Interests in the Company, free and clear of any Encumbrances.

2.5           Subsidiaries.
The Company does not have any Subsidiaries and except as set forth in Section 2.5 of the Company Disclosure Schedule, does
not own any equity or debt interest in any other Person.

    	10

    	 

    

2.6           Absence
of Restrictions and Conflicts.

(a)           Except
as set forth in Section 2.6(a) of the Company Disclosure Schedule, the execution and delivery by Holdings, the Company
and the Stockholders of this Agreement and the Transaction Documents do not, and the performance of their obligations hereunder
and pursuant to the Transaction Documents will not, (i) conflict with or violate the Company Charter Documents, (ii) assuming
that all consents, approvals, authorizations and other actions described in subsection (b) of this Section 2.6 have
been obtained and all filings and obligations described in subsection (b) of this Section 2.6 have been made, conflict
with or violate any Law applicable to the Company, or by which any property or asset of the Company is bound, or (iii) require
any consent or notice or result in any violation or breach of or constitute (with or without notice or lapse of time or both)
a default (or give to others any right of termination, amendment, acceleration or cancellation) under, or result in the triggering
of any payments or result in the creation of a lien or other Encumbrance on any property or asset of the Company, in all cases,
pursuant to, any of the terms, conditions or provisions of any Material Contract, except, with respect to clauses (ii) and
(iii) such triggering of payments, liens, Encumbrances, filings, notices, Permits, authorizations, consents, approvals, violations,
conflicts, breaches or defaults which would not reasonably be expected to result in a Material Adverse Effect.

(b)          The
execution and delivery by Holdings, the Company and the Stockholders of this Agreement and the Transaction Documents and the consummation
of the Transaction does not, and the performance of its obligations hereunder will not, require any consent, approval, order,
authorization or Permit of, or filing with or notification to, any Governmental Authority or any third party Client, except (i)
(A) for the notification requirements of the HSR Act and the ICA (B) the notices and consents referred to on Section 2.6(a)
of the Company Disclosure Schedule, and (ii) where the failure to obtain such consents, approvals, authorizations or Permits,
or to make such filings or notifications would not (A) prevent or materially delay consummation of the Transaction or (B) reasonably
be expected to result in a Material Adverse Effect.

2.7           Compliance
with Laws. The Company has not received written notice that it is under investigation with respect to, or, to the Knowledge of
the Company, is otherwise now under investigation with respect to, a violation of any applicable Law that in the aggregate, would
reasonably be expected to have a Material Adverse Effect. The Company has filed all reports and has all Licenses required to be
filed with any Governmental Authority necessary to carry on the Business of the Company as presently conducted, except where the
failure to make such filings or obtain such Licenses would not reasonably be expected to have a Material Adverse Effect.

2.8           Financial
Statements; Receivables.

(a)           In
General. Section 2.8(a) of the Company Disclosure Schedule contains the Company’s unaudited balance sheet
and statement of income as of and for the fiscal year ended December 31, 2016 (the “Year End Financial Statements”),
and the Company’s unaudited balance sheet and statement of income as of and for the five-month period ended May 31, 2017
(the “Interim Financial Statements,” together with the Year End Financial Statements, the “Company
Financial Statements”). Other than as described in Section 2.8(a) of the Company Disclosure Schedule, the
Company Financial Statements have been prepared from the books and records of the Company and present fairly, in all material
respects, the financial condition of the Company as of the respective dates thereof and the results of income of the Company for
the periods covered thereby, and have been prepared in accordance with the Company Accounting Policies. The Company attests that
the Company Accounting Policies have been consistently applied and the software used to produce the financial statements has adequate
controls to ensure reliability.

    	11

    	 

    

(b)           No
Undisclosed Liabilities. The Company has no liabilities, obligations or commitments of any kind, except for (i) liabilities
disclosed in the Company Financial Statements, (ii) liabilities incurred by the Company subsequent to the date of the Interim
Financial Statements in the ordinary course of business, (iii) performance obligations under the executory portion of any
Contract by which the Company is bound, (iv) liabilities under this Agreement or the Transaction, (v) liabilities as reflected
in the definitions of Indebtedness and Transaction Expenses, or (vi) liabilities included in the calculation of Estimated Closing
Net Asset Value and/or contemplated by the adjustments thereto as described or reflected on Schedule 3.

(c)           Accounts
Receivable. Section 2.8(c) of the Company Disclosure Schedule provides an accurate and complete breakdown and aging
of all accounts receivable as of May 31, 2017. All accounts receivable reflected in the Company Financial Statements or recorded
on the books of the Company resulted from the ordinary course of business and have been properly recorded. To the Knowledge of
the Company, all accounts receivables are good and collectible in full without any discount (other than as set forth on the face
of the invoice), setoff or valid counterclaim (net of recovery from vendors or subcontractors), in amounts equal to not less than
the amounts thereof reflected in the Company Financial Statements, subject to a reserve amount as shown in the Estimated Closing
Balance Sheet or as reflected on Schedule 3. The Company’s Cash on Program is properly reflected under the category
“prepayments” in the Company’s aging schedules, and the amounts set forth thereon are correct and complete,
and properly evidence future service obligations.

(d)           No
Letters of Credit, Bonds or Guarantees. Except as reflected in the Company Financial Statements or as set forth in Section
2.8(d) of the Company Disclosure Schedule, the Company (i) has no bonds or letters of credit outstanding as to which
the Company has any actual or contingent reimbursement obligations; (ii) is not a party to or bound, either absolutely or
on a contingent basis, by any agreement of guarantee, indemnification, reimbursement or any similar commitment, in each case with
respect to the liabilities or obligations of any other Person (whether accrued, absolute, or contingent); and (iii) is not
a party to any swap, hedge, derivative, or similar instrument. For the avoidance of doubt, customer, vendor and business Contracts
entered into in the ordinary course of operating the business and confidentiality and nondisclosure agreements of the Company
are outside the scope of clause (ii) of the immediately preceding sentence.

2.9           Absence
of Certain Changes or Events. Since May 26, 2017, except for the Restructuring or as otherwise disclosed in this Agreement (or
its exhibits or schedules) the Company has conducted the Business in the ordinary course of business and there has not been any
effect, event, development or change that has resulted in a Material Adverse Effect, or if such effect, event, development or
change had occurred between the date hereof and the Closing, would violate Section 5.2.

    	12

    	 

    

2.10         Litigation.
Except as set forth on Section 2.10 of the Company Disclosure Schedule, there is no private or governmental Action pending
before any Governmental Authority or, to the Knowledge of the Company, threatened against the Company or any of its properties,
officers, directors or stockholders (in their capacities as such). There is no unsatisfied or undismissed judgment, decree or
order against the Company. Except as set forth on Section 2.10 of the Company Disclosure Schedule, the Company is
not a party (nor, to the Knowledge of the Company, threatened to become a party) to any Action. The Company has no plans to initiate
any Action against any third party.

2.11         Governmental
Authorization. Except as set forth on Section 2.11 of the Company Disclosure Schedule, the Company and/or its employees
holds all Permits (a) pursuant to which the Company currently operates or holds any interest in any of its properties related
to the Business or (b) that is required for the operation of the Business or the holding of any such interest, and all of
such Permits are or will be, immediately prior to the Closing, in full force and effect, except where the failure to obtain or
have any such Permits could not reasonably be expected to have a Material Adverse Effect.

2.12         Real
Property.

(a)           Except
for real property identified on Schedule 4 hereto, the Company does not own any parcel of real property.

(b)           Section
2.12(b) of the Company Disclosure Schedule sets forth a correct and complete list of the real property leased by the Company,
excluding public or self-storage units (the “Leased Real Property”), including the address of the Leased
Real Property and a list of all leases (the “Leases”) for each such Leased Real Property.

(c)           The
Company has a valid leasehold interest in the Leased Real Property, and the Leases are in full force and effect in all material
respects. Except as set forth in Section 2.12(c) of the Company Disclosure Schedule, the Transaction does not require landlord
consent and will not result in a breach of, or default under, any of the Leases.

(d)           No
written (or, to the Knowledge of the Company, oral) notice of default has been received or delivered by the Company under any
Lease which default has not been cured, waived or rescinded as of the date hereof.

(e)           The
Company has not subleased, licensed or otherwise granted any Person the right to use or occupy such Leased Real Property or any
portion thereof.

(f)            The
improvements and fixtures in the Leased Real Property are in normal operating condition and capable of being used for their intended
purposes, ordinary wear and tear excepted, except as would not reasonably be expected to result in a Material Adverse Effect.
The Leased Real Property constitutes all of the real property utilized by the Company in the operation of its Business.

    	13

    	 

    

2.13          Title
to Assets; Related Matters.

(a)          The
Company owns or has a valid leasehold interest in, all of its tangible personal property and tangible assets, free and clear of
all Encumbrances, except Permitted Encumbrances. All equipment and other items of tangible personal property and tangible assets
of the Company (a) are in normal operating condition and capable of being used for their intended purposes, ordinary wear and
tear excepted and (b) are usable in the ordinary course of business, except in each of cases (a) and (b) as would not
reasonably be expected to result in a Material Adverse Effect.

(b)          The
assets of the Company (other than intellectual property assets) include all of the material assets that are adequate and sufficient
to operate the business of the Company in the same manner immediately after the Closing as was operated by the Company on the
date of this Agreement.

(c)          Section
2.13(c) of the Company Disclosure Schedule lists all leases of personal property with a value of Twenty Five Thousand Dollars
($25,000) or more. To the Company’s Knowledge, its tangible assets are free from material defects (patent and latent), and
are suitable for the purposes for which they are currently being used by the Company.

(d)          There
are no conditions affecting any such property or assets, or, to the Knowledge of the Company, developments which, individually
or in the aggregate, would reasonably be expected to materially detract from the value of such property or assets, or materially
interfere with the use of any such property or assets.

(e)           Notwithstanding
anything in this Agreement to the contrary, certain assets of the Company listed on Schedule 4 hereto shall be distributed
by the Company to Holdings or one or more of the Stockholders at or prior to Closing (the “Excluded Assets”).

2.14         Intellectual
Property. Section 2.14(a) of the Company Disclosure Schedule identifies: (i) each registered patent that has been
issued to the Company with respect to any of the Intellectual Property; (ii) each pending patent application or application
for registration which the Company has made with respect to any of the Intellectual Property; (iii) each registered trademark
and registered service mark owned by the Company; (iv) each trademark and service mark owned by the Company which is the subject
of a pending application; (v) each registered domain name owned by the Company; (vi) each registered social media account owned
and/or administered by the Company; and (vii) each license or agreement that the Company has granted to any third party with respect
to any of the foregoing items of Intellectual Property described in clause (i) through (vi), excluding however, license agreements
entered into in the normal course of the Company’s business, including licenses granted to its subcontractors. With respect
to each item of Intellectual Property required to be identified in Section 2.14(a) of the Company Disclosure Schedule:
(i) the item is not subject to any outstanding injunction, judgment, order, decree, ruling, or agreement prohibiting or limiting
the Company’s’ use thereof; (ii) no action, suit or proceeding is pending or, to the Knowledge of the Company,
threatened, which challenges the legality, validity, enforceability, use or ownership of the item; and (iii) to the Knowledge
of the Company, the item does not, nor has been alleged to, violate, breach or infringe the patent, trademark, copyright or other
intellectual property rights of any other Person. Section 2.14(b) of the Company Disclosure Schedule identifies each material
item of Intellectual Property that any third party owns and that the Company uses pursuant to a written license or agreement (other
than generally commercially available software, including off-the-shelf software subject to a shrinkwrap or clickwrap license).
With respect to each such item of Intellectual Property required to be identified in Section 2.14(b) of the Company Disclosure
Schedule: (i) the license or agreement covering the item is legal, valid, binding and enforceable against the Company,
and in full force and effect except where the failure to be would not have a Material Adverse Effect; (ii) the Company is
not in breach or default of the license or agreement; and (iii) the Company has not granted any sublicense or similar right
with respect to the license or agreement. The Company is in compliance in all material respects with the licensing obligations
for the commercially available, off-the-shelf, and shrinkwrap or clickwrap software installed on the Company’s computer
systems.

    	14

    	 

    

2.15         Taxes.
Except as set forth in Section 2.15 of the Company Disclosure Schedule:

(a)           Holdings
has properly elected (or will prior to the Closing property elect) to be taxed as a Subchapter “S” Corporation by
the timely filing of correctly completed Form 2553 with the Internal Revenue Service and, as applicable, any applicable state
income tax authority (the “S Election”).

(b)          Holdings
and/or the Company has properly elected (or will prior to the Closing properly elect) to cause the Company to be treated as a
‘Qualified Subchapter S Subsidiary’ by the timely filing of a correctly completed Form 8869 with the Internal Revenue
Service, and, as applicable, any applicable state income tax authority (the “QSub Election”).

(c)           After
the filing of the QSub Election, Holdings has taken (or will take) all actions necessary to authorize, and the Company has properly
elected to (or will property elect to), convert from a corporation to a limited liability company pursuant to Section 14-2-1109.1
of the Georgia Business Corporation Code and Section 14-11-212 of the Georgia Limited Liability Company Act, and has been (or
will be) issued a Certificate of Conversion by the Georgia Secretary of State (“Certificate of Conversion”).

(d)           After
the issuance of the Certificate of Conversion, the Company shall be treated as an entity for income tax purposes that is disregarded
as an entity separate from its owner within the meaning of Treas. Reg. Section 301.7701-3.

(e)           The
Company has, since the Company’s 2013 fiscal year, timely filed (taking into account all applicable extensions) all Tax
Returns required to have been filed under applicable Laws during that time period, and the Company has paid all Taxes required
to be paid in respect of such taxable periods by the Company. The Tax Returns filed with respect to the Company are true, correct
and complete in all material respects. All Taxes due and owing by the Company (whether or not shown on any Tax Return) have been
timely paid.

    	15

    	 

    

(f)          The
Company has not (i) consummated or participated in, nor is currently participating in, any transaction which was or is a “Tax
shelter” transaction as defined in Sections 6662, 6011, 6111 or 6112 of the Code, applicable regulations thereunder or other
related published guidance from the Internal Revenue Service (“IRS”) or (ii) engaged in any transaction
that could give rise to (1) a registration obligation with respect to any Person under Section 6111 of the Code or the regulations
thereunder, (2) a list maintenance obligation with respect to any Person under Section 6112 of the Code or the regulations thereunder,
or (3) a disclosure obligation as a “reportable transaction” under Section 6011 of the Code or the regulations thereunder.

(g)          The
Company has not received notice that the IRS or any other Governmental Authority has asserted against the Company any deficiency
or claim for Taxes, and no issue has been raised by any Governmental Authority in any audit that could reasonably be expected
to result in a proposed deficiency of the Company for any Pre-Closing Straddle Tax Period not so examined, other than any such
assessment or issue that has been fully resolved. No claim has ever been made by a Governmental Authority with which the Company
does not file Tax Returns that the Company is or may be subject to taxation by that Governmental Authority, nor, to the Knowledge
of the Company, is there any reasonable factual basis or legal basis for any such claim.

(h)           All
Tax deficiencies asserted or assessed by a Governmental Authority against the Company have been paid or finally settled with no
remaining amounts owed.

(i)            There
is no pending or, to the Knowledge of the Company, threatened action, audit, claim, assessment, reassessment, proceeding, or investigation
with respect to the Company involving: (i) the assessment or collection of Taxes, or (ii) a claim for refund made by
the Company with respect to Taxes previously paid.

(j)            All
amounts that are required to be collected or withheld by the Company, or with respect to Taxes of the Company, have been duly
collected or withheld, and all such amounts that are required to be remitted to any Governmental Authority have been duly remitted
on a timely basis to the appropriate Governmental Authority.

(k)           The
Company (i) has not been a member of an affiliated group of corporations (as defined in Section 1504 of the Code) (other
than a group the common parent of which is the Company) and (ii) has no liability for the Taxes of any Person (other than the
Company) under Treasury Regulation Section 1.1502-6 (or any similar provision of state, local, or foreign law), as a transferee
or successor, by contract, or otherwise.

(l)            There
are no outstanding waivers of any statute of limitations with respect to the assessment, reassessment or collection of any Tax
from the Company, the filing of any Tax Returns by the Company or the payment or remittance of any Tax or amount on account of
Tax by the Company.

(m)          There
are no Encumbrances for Taxes (other than Permitted Encumbrances) due and payable upon the assets of the Company.

(n)           No
assets or property of the Company constitute “tax-exempt use property” within the meaning of Section 168(h) of the
Code. No indebtedness of the Company consists of (i) “corporate acquisition indebtedness” within the meaning of Section
279 of the Code, or (ii) an “applicable high yield discount obligation” within the meaning of Section 163(i) of the
Code. The Company has not participated in, or cooperated with, an international boycott within the meaning of Section 999 of the
Code.

    	16

    	 

    

(o)          The
Company has not made or become obligated to make, nor will as a result of any event connected with the Transaction and/or any
termination of employment related to the Transaction, make or become obligated to make, any ‘excess parachute payment’
as defined in Section 280G of the Code (without regard to Section (b)(4) thereof).

(p)          There
are no outstanding requests for extensions of time within which to file returns and reports in respect of any Taxes owed by the
Company.

(q)          Accruals
or reserves for current taxes and deferred tax liabilities as stated in the Year End Financial Statements and the Interim Financial
Statements are all in accordance with the Company Accounting Policies. With respect to the Estimated Closing Balance Sheet, the
Company Accounting Policies were adjusted to account for accruals and reserves as shown in Schedule 3.

(r)          The
Company is not a party to or bound by any tax-sharing agreement, or similar arrangement (whether express or implied) under which
it could have any continuing liabilities after the Closing Date.

(s)          The
Company has not applied for a ruling relating to Taxes from any Governmental Authority or entered into any closing agreement with
any Governmental Authority relating to Taxes.

(t)           The
Company has made available to Buyer correct and complete copies of federal, state and local income Tax Returns that have actually
been filed on or before the Closing Date on behalf of the Company for all taxable years ending on or after December 31, 2012.

(u)          Other
than the Reorganization, neither Holdings nor the Company has been, in the past five (5) years, a party to a transaction reported
or intended to qualify as a reorganization under Section 368 of the Code. Neither Holdings nor the Company has been described
as a “distributing corporation” or a “controlled corporation” (within the meaning of Section 355(a)(1)(A)
of the Code) in a distribution of shares that was reported or otherwise constituted a distribution of shares under Section 355
of the Code in the two (2) years prior to the date of this Agreement or that could otherwise constitute part of a “plan”
or “series of related transactions” (within the meaning of Section 355(e) of the Code) that includes the Transaction.

(v)          There
are no joint ventures, partnerships, limited liability companies, or other arrangements or contracts to which the Company is a
party and that could be treated as a partnership for federal income tax purposes.

(w)          Neither
Holdings nor any Stockholders or any other Person related to Holdings or any of the Stockholders (within the meaning of Section
197(f)(9)(C)) has operated any business prior to 1994 that is the same as or similar to the business of the Company.

    	17

    	 

    

(x)           The
Company will not be required to include any item of income in, or exclude any item of deduction from, taxable income for any taxable
period (or portion thereof) ending after the Closing Date as a result of any:

(i)          change
in method of accounting for a taxable period ending on or prior to the Closing Date;

(ii)         installment
sale or open transaction disposition made on or prior to the Closing Date; or

(iii)        prepaid
amount received on or prior to the Closing Date.

2.16         Employee
Benefit Plans.

(a)           List
of Plans. Section 2.16(a) of the Company Disclosure Schedule contains a correct and complete list of each Benefit
Plan (whether or not ERISA applies) and each other employment, consulting, bonus or other incentive compensation, salary continuation
during any absence from active employment for disability or other reasons, pension, retirement, supplemental retirement, supplemental
pension, profit sharing, hospitalization, health, dental, disability, insurance, sick pay, tuition assistance, club membership,
employee loan, vacation pay, paid time off, severance, deferred compensation, incentive, fringe benefit, change in control, retention,
stock option, stock purchase, restricted stock or other compensatory plan, policy, practice, agreement or arrangement (i) which
provides benefits or compensation to employees, leased employees, independent contractors, officers or directors; (ii) which is
currently maintained, administered, contributed to or required to be contributed to by the Company, or (ii) to which the
Company is or has been a party or has had, or could have any Liability, including the qualified retirement plans merged into,
or consolidated under, the current 401(k) plan that is a Company Plan (collectively, the “Company Plans”).

(b)           Plan
Documentation. With respect to each Company Plan, and to the extent applicable, the Company has made available to Buyer true,
accurate and complete copies of: (i) the current plan documents and all amendments thereto; (ii) for the qualified retirement
plans merged into, or consolidated under, the current 401(k) plan that is a Company Plan, all of the plan documents and amendments
thereto in effect immediately before the January 1, 2016, merger or consolidation effective date, and copies of all discrimination
tests performed in regard to such prior plans for the 2015 plan year (or the most recent plan year for which such tests were performed);
(iii) a written description of any Company Plan that is not in writing; (iv) trust agreements, insurance and group annuity contracts,
and other funding vehicles; (v) any award certificates or agreements issued under the Company Plan; (vi) the current summary plan
descriptions and summary of material modifications; (vii) the most recent determination or opinion letter from the IRS; (viii)
the charter or by-laws for any fiduciary committee of the Company Plan; (ix) the investment policy statement; (x) the most recent
annual notices provided to employees (including without limitation the participant fee disclosure issued to comply with the regulations
under ERISA Section 404, automatic enrollment notices, qualified default investment fund notices, and Women’s Health and
Cancer Rights notice); (xi) the HIPAA privacy and security policies and procedures; (xii) the most recent annual filings made
with the IRS (other than Form 5500); and (xiii) any other Company Plan related document reasonably requested in writing by Buyer.

    	18

    	 

    

(c)           Reliance
on Plan Documents. Except as provided pursuant to Sections 2.16(a) and (b), there are no other Company Plans or amendments
to any Company Plans that have been adopted, approved or implemented and that affect any current or former employee, leased employee,
independent contractor, officer or director (or their beneficiaries) of the Company. No written or oral statement has been made
with regard to any Company Plan that was not in accordance with the terms of such Company Plan and that could have an adverse
economic consequence to the Company or Buyer and its Affiliates.

(d)          Material
Compliance. Except as otherwise set forth in Section 2.16(d) of the Company Disclosure Schedule, each of the Company
Plans (including each predecessor plan thereto) is, and has been, maintained, administered, and operated in all material respects
in accordance with its terms in compliance in all material respects with applicable Laws including, but not limited to, the Code
and ERISA. The IRS has issued, or is deemed to have issued, a favorable determination letter with respect to each Company Plan
(including each predecessor plan thereto) that is intended to be a “qualified plan” within the meaning of Code Section
401(a); and, to the Company’s Knowledge, no fact or event has occurred before or since the date of such letter or letters
that could adversely affect the qualified status of such Company Plan or any predecessor plan thereto. In particular and without
limiting the foregoing, except as set forth in Section 2.16(d) of the Company Disclosure Schedule:

(i)          All
of the qualified retirement plans merged into, or consolidated under, the current 401(k) plan that is a Company Plan (i) at all
times satisfied the minimum coverage requirements under Code Section 410(b); and (ii) for each plan year satisfied the actual
deferral percentage test under Code Section 401(k), the average contribution percentage test under Code Section 401(m), and the
nondiscriminatory contributions requirements under Code Section 401(a)(14).

(ii)         The
Company has not and, to the Company’s Knowledge, no other Person has engaged in any transaction with respect to any Company
Plan that would be reasonably likely to subject the Company, a Company Plan fiduciary or any other Person to any material Taxes
or material penalty (civil or otherwise) imposed by ERISA, the Code or other applicable Law;

(iii)        All
Company Plans that are group health plans have been operated in material compliance with COBRA and HIPAA;

(iv)        Each
Company Plan that is a nonqualified deferred compensation plan (as defined in Code Section 409A(d)(1)) is, and has been, exempt
from, and/or in compliance with, Code Section 409A; and no participant in such Company Plan has become subject to (whether or
not reported) the Tax imposed by Code Section 409A(a)(1)(B);

    	19

    	 

    

(v)         For
all periods on and after January 1, 2015, the Company has offered to all of its “full-time employees” “minimum
essential coverage” that provides “minimum value” and is “affordable” (all within the meanings given
such terms in Section 4980H of the Code). The Company has complied in all material respects with all other requirements of the
Patient Protection and Affordable Care Act; and

(vi)        All
notices and documents required by the Law to be provided to participants and beneficiaries in each Company Plan have been provided
in a manner and at a time that materially complies with such legal requirements.

(e)           Certain
Types of Plans. (i) None of the Company Plans is a Multiemployer Plan, a multiemployer welfare plan, a multiple employer plan
within the meaning of Code Section 413(c), or a Canadian Multiemployer Plan; and (ii) the Company has not sponsored, maintained
or contributed to, or otherwise could have any Liability with respect to, any Benefit Plan subject to Title IV of ERISA or any
Company Plan that is a Canadian Defined Benefit Plan.

(f)            Post-Employment
Welfare Plans. Except as set forth in Section 2.16(f) of the Company Disclosure Schedule, no Company Plan provides
health care or other welfare benefits to former employees or beneficiaries or dependents thereof, except for continuation coverage
as required by COBRA or by applicable state insurance Laws; and any such COBRA continuation coverage is provided only to the extent
that the former employee pays the entire “applicable premium” as defined in COBRA.

(g)           Funding.

(i)          All
contributions, premiums or other payments by the Company due or required to be made under any Company Plan prior to the date hereof
or the Closing Date have been made as of the date hereof and as of the Closing Date, as applicable, in accordance with the terms
of each Company Plan and applicable Law; and

(ii)         The
Company does not make entries in its financial records for Liabilities under Company Plans that have accrued but are not due;
and

(iii)        There
are no pending (or, to the Knowledge of the Company, threatened) audits, investigations, examinations, actions, liens, suits,
or proceedings relating to any Company Plan other than routine claims by individuals entitled to benefits thereunder, nor is any
Company Plan the subject of any pending (or, to the Knowledge of the Company, any threatened) investigation or audit by any Governmental
Authority or any other Person.

(h)           Acceleration
of Vesting or Payments. Except as set forth in Section 2.16(h) of the Company Disclosure Schedule, the transactions
contemplated by this Agreement will not (either alone or together with any other event) (i) entitle any individual to any bonus,
severance, retirement or other benefit; (ii) accelerate the time of payment or vesting; (iii) require any funding (through a grantor
trust or otherwise) of compensation or benefits; (iv) increase the amount payable or give rise to any other obligation pursuant
to any Company Plan; or (v) result in the payment of an “excess parachute payment” (as such term is defined in Code
section 280G(b)(1)) to any individual who is a “disqualified individual” (as such term is defined in Treasury Regulation
Section 1.280G-1).

    	20

    	 

    

(i)            Section
2.16(i) of the Company Disclosure Schedule lists all employees who have entered into any written incentive compensation agreements
with the Company, and accurately and completely lists the incentive payment compensation amounts owned to each such employee.

2.17         Employee
Matters.

(a)           Section
2.17(a) of the Company Disclosure Schedule contains a true and complete list of all employees who are employed by the Company
as of the date of this Agreement.

(b)           Except
as disclosed in Section 2.17(b) of the Company Disclosure Schedule, there are no Actions pending, or, to the Knowledge
of the Company, threatened or reasonably anticipated relating to any labor and employment, wage and hour, workplace health and
safety or human rights or discrimination matters involving any employee or independent contractor of the Company that could materially
affect the Business or Buyer’s operation of the Business substantially in the manner being conducted. The Company is not
presently, nor has it been in the past, a party to, or bound by, any collective bargaining agreement or union contract with respect
to employees or contractors and no collective bargaining agreement is being negotiated by the Company. To the Knowledge of the
Company, there are no current attempts to organize or establish any labor union or employee association with respect to any employees
or contractors of the Company.

(c)           The
Company is in compliance with all material terms and conditions of employment contracts and independent contractor contracts,
its employment policies and procedures (a copy of which have been provided to Buyer), and all Laws respecting employment and employment
practices, including terms and conditions of employment, layoffs, immigration, wages, hours of work, overtime, pay equity, long
service leave, workers compensation, labor relations, workplace safety and insurance, occupational health and safety and human
rights.

(d)           The
Company has paid, or has accurately reflected in its books and records, all compensation, remuneration, salaries, wages and other
material compensation, including termination and severance pay (if applicable) due up to the Closing in respect of all current
and former employees of the Company and made certain adjustments for accrued payroll expenses as described or reflected in the
Company Accounting Policies as set forth in Schedule 3. Other than as set forth in Section 2.17(d) of the Company Disclosure
Schedule and as reflected in Schedule 3, there are no bonuses or incentives that are payable to employees of the Company
in respect of projects or work undertaken for the period ending on Closing.

(e)          Section
2.17(e) of the Company Disclosure Schedule sets forth (i) any agreement providing for payments to any director, officer,
employee or independent contractor in connection with a change of control of the Company, and (ii) any agreement as to length
of termination notice greater than thirty (30) days or severance payment required to terminate employment, other than such as
results by Law from the employment of an employee without an agreement as to notice or severance. There are no promises of, or
other legally binding commitments to provide, increases of compensation to the employees of the Company over or beyond those set
out in such contracts of employment or Company Plans.

    	21

    	 

    

(f)           Other
than as set forth in Section 2.17(f) of the Company Disclosure Schedule, to the Knowledge of the Company, none of the current
employees or independent contractors of the Company receiving annual compensation over Fifty Thousand Dollars ($50,000) have given
the Company written notice terminating his or her employment or engagement with the Company, or terminating his or her employment
upon a sale of, or business combination relating to, the Company or in connection with the Transaction. Other than as set forth
in Section 2.17(f) of the Company Disclosure Schedule, since May 26, 2017, the Company has not terminated any employees
or independent contractors outside of the ordinary course of business. Other than as may be determined in connection with the
Transaction, the Company has no present intention to terminate the employment of any current employee or independent contractor
of the Company, other than in the ordinary course of business, or any group of employees or independent contractors. To the Knowledge
of the Company, no current employee, consultant or independent contractor is a party to or is bound by any employment agreement,
patent disclosure agreement, non-competition agreement, any other restrictive covenant or other agreement with any Person, or
subject to any judgment, decree or order of any court or administrative agency, any of which would reasonably be expected to have
a material adverse effect in any way on (i) the performance by such Person of any of his or her duties or responsibilities
for the Company or (ii) the Business.

(g)           The
Company has made all required payments to its unemployment compensation reserve accounts with the appropriate Governmental Authority
of the states or other jurisdictions where it is required to maintain such accounts.

(h)           The
Company is now and at Closing will be in compliance in all material respects with its employment policies and procedures (a copy
of which have been provided to Buyer), all applicable Laws and Contracts relating to employment and employment practices, including
immigration, wages, hours, meal and rest periods, medical leave practices, occupational health and safety, and terms and conditions
of employment (including employee compensation matters and the correct classification of employees as exempt employees and non-exempt
employees under the Fair Labor Standards Act and any other applicable Laws). The Company has not incurred, and no circumstances
exist as of the date of this Agreement to the Company’s Knowledge, under which the Company would reasonably be expected
to incur, any material liability arising from the misclassification of any employee as a consultant or independent contractor,
or as an exempt employee under federal or state law.

(i)           
The Company’s employment policies and procedures include, without limitation, a random drug testing requirement for all
employees on a periodic basis, and an obligation for employees to execute a restrictive covenants agreement (a copy of which has
been provided to Buyer), which, to the Knowledge of the Company, is enforceable under Georgia law.

2.18         Material
Contracts.

(a)           Section
2.18 of the Company Disclosure Schedule sets forth a correct and complete list, all as of the date hereof, of the following
Contracts to which the Company is a party (all such Contracts, the “Material Contracts”):

    	22

    	 

    

(i)          any
voting trust or similar agreements relating to the equity ownership interests in Holdco or the Company to which any of the Stockholders
or the Company is a party;

(ii)          all
Contracts to which the Company is a party evidencing or governing Indebtedness;

(iii)        any
Contracts relating to the making of any loan or advance by the Company, other than payroll advances of $10,000.00 or less to any
employee of the Company;

(iv)        all
Contracts to which the Company is a party relating to the Leased Real Property;

(v)         all
operating leases or licenses involving the use of any material personal property or material asset (excluding any real property)
of the Company for which the annual rent exceeds Twenty Five Thousand Dollars ($25,000);

(vi)          all
Contracts for capital expenditures or the acquisition or construction of fixed assets requiring the payment by the Company of
an amount in excess of Twenty Five Thousand Dollars ($25,000) per Contract;

(vii)       all
current Contracts with Clients and Vendors;

(viii)      any
Contracts with sales or other agents, brokers, franchisees, distributors or dealers other than in the Ordinary Course;

(ix)        any
Contract that imposes any ongoing non-compete, exclusivity or similar restriction on the Company with respect to any line of business
or geographic area in which the Company is currently engaged (excluding, for avoidance of doubt, any employee non-solicit and/or
no-hire covenants entered into by the Company in connection with their evaluation of potential business acquisitions or joint
ventures);

(x)         any
license, sublicense or royalty agreement relating to items of Intellectual Property required to be identified in Section 2.14(a)
and Section 2.14(b) of the Company Disclosure Schedule;

(xi)        any
Contract that requires the Company to make payments in an amount greater than Twenty Five Thousand Dollars ($25,000) per annum
that is not terminable without penalty upon less than six (6) months prior written notice by the Company;

(xii)        any
Contract that contains a “most favored nations” provision;

(xiii)       any
Contracts or engagements awarded to the Company based on size, socio-economic or other preferred status;

    	23

    	 

    

(xiv)      any
employment Contract involving aggregate compensation, inclusive of base salary, bonus and commission in excess of One Hundred
Thousand Dollars ($100,000) per annum; and

(xv)       any
partnership, limited liability company (other than wholly owned entities), joint venture or other similar Contracts to which the
Company is a party (other than the Company Charter Documents).

(b)           Complete
copies of each Material Contract, including all amendments, modifications, and supplements thereof, have been made available to
Buyer. As of the date hereof, each Material Contract is valid, binding and enforceable in all material respects in accordance
with its respective terms with respect to the Company. Except as set forth in Section 2.18 of the Company Disclosure
Schedule, the Company has not been informed by the counterparty in writing (or, to the Knowledge of the Company, orally) of
any claim of material breach by the Company under any Material Contract, and otherwise has no Knowledge of any such material breach
by the Company under any Material Contract (and, to the Knowledge of the Company, no condition exists that, with notice or lapse
of time or both, would constitute a material breach by the Company), nor any breach or default which would give the other party
the right to terminate or modify such Material Contract or would accelerate any material obligation or material payment by the
Company nor, to the Knowledge of the Company, is any other party to any Material Contract in breach or default thereunder. On
or prior to the Effective Time, the Company shall have delivered all necessary notices to, and used its reasonable commercial
efforts to have obtained all necessary consents from, all parties to any Material Contracts listed on Section 2.6(a) of the
Company Disclosure Schedule as are required thereunder in connection with the Transaction. None of the Material Contracts
is currently being renegotiated outside the ordinary course of business. To the Knowledge of the Company, solely with respect
to Material Contracts with Clients, no party to any of such Material Contracts has made, asserted or has any defense, setoff or
counterclaim under its Material Contract or has exercised any option granted to it to cancel, terminate or shorten the term of
its Material Contract, in each case due to performance. No counterparty to a Material Contract has repudiated or, to the Knowledge
of the Company, threatened to repudiate any provision of any Material Contract.

2.19        Transactions
with Affiliates. Other than as set forth in Section 2.19 of the Company Disclosure Schedule, there are no loans, leases,
royalty agreements or other continuing transactions between the Company and any of its present directors or officers or, to the
Company’s Knowledge, former directors or officers or current or former employees (other than ordinary course proprietary
information, invention assignment, non-competition or non-solicitation agreements that restrict the ability of such employee to
compete with or solicit from the Company), consultants, representatives or stockholders or any member of any director, officer,
employee, consultant, representative or stockholder’s family. Other than as set forth in Section 2.19 of the Company
Disclosure Schedule, to the Company’s Knowledge, none of its present directors, officers, employees, consultants or
stockholders has any material interest in any entity that does business with the Company (other than any interest in less than
5% of the stock of any publicly-traded corporation), has any material interest in any entity which competes with the Business,
has any material interest in any property, asset or right used by the Company in the conduct of the Business or has any contractual
relationship (whether written or oral) with the Company other than such relationships that result solely from being a Company
director, officer, employee, consultant and/or stockholder, as the case may be.

    	24

    	 

    

2.20         Environmental
Matters.

(a)           The
Company is, and at all times in the previous five (5) years has been, in compliance in all material respects with all Environmental
Laws governing its Business, operations, properties and assets, including, without limitation: (i) all requirements relating
to the Discharge and Handling of Hazardous Substances; (ii) all requirements relating to notice, record keeping and reporting;
(iii) all requirements relating to obtaining and maintaining Licenses for the ownership of its properties and assets and
the operation of its business as presently conducted, including Licenses relating to the Handling and Discharge of Hazardous Substances;
and (iv) all applicable writs, orders, judgments, injunctions, governmental communications, decrees, informational requests
or demands issued pursuant to, or arising under, any Environmental Laws.

(b)          There
are no (and there is no basis for any) non-compliance orders, warning letters, notices of violation (collectively, “Notices”),
claims, suits, actions, judgments, penalties, fines, or administrative or judicial investigations or proceedings (collectively,
“Proceedings”) pending or threatened against or involving the Company, or its business, operations,
properties or assets, issued by any Governmental Authority or third party with respect to any Environmental Laws or Licenses issued
to the Company thereunder in connection with, related to or arising out of the ownership by the Company of its properties or assets
or the operation of its business, which have not been resolved to the satisfaction of the issuing Governmental Authority or third
party in a manner that would not impose any material obligation, burden or continuing material liability on the Company in the
event that the Transaction is consummated, or which could have a Material Adverse Effect on the Company, including, without limitation:
(i) Notices or Proceedings related to the Company being a potentially responsible party for a federal or state or provincial
environmental cleanup site or for corrective action under any applicable Environmental Laws; (ii) Notices or Proceedings
relating to the Company being responsible to undertake any response or remedial actions or clean-up actions of any kind; or (iii) Notices
or Proceedings related to the Company being liable under any Environmental Laws for personal injury, property damage, natural
resource damage, or clean up obligations.

(c)          The
Company has not Handled or Discharged, nor allowed or arranged for any third party to Handle or Discharge, Hazardous Substances
to, at or upon: (i) any location other than a site lawfully permitted to receive such Hazardous Substances; (ii) any
real property currently or previously owned or leased by the Company (other than in the ordinary course of business in compliance
in all material respects with applicable Environmental Laws); or (iii) any site which, pursuant to any Environmental Laws,
(x) has been placed on the National Priorities List or its state equivalent, or (y) the Environmental Protection Agency
or the relevant state agency or other Governmental Authority has notified the Company that such Governmental Authority has proposed
or is proposing to place on the National Priorities List or its state equivalent. There has not occurred, nor is there presently
occurring, a Discharge, or threatened Discharge, or any Hazardous Substance on, into or beneath the surface of, or adjacent to,
any real property currently or previously owned or leased by the Company in an amount requiring a notice or report to be made
to a Governmental Authority or in violation of any applicable Environmental Laws.

    	25

    	 

    

(d)           Section
2.20 of the Company Disclosure Schedule identifies the operations and activities, and locations thereof, which have been conducted
or are being conducted by the Company on any real property currently or previously owned or leased by the Company which have involved
the Handling or Discharge of Hazardous Substances.

2.21         Pest
Treatment; Termite Matters.

(a)          The
Company is in material compliance with all Laws and manufacturer treatments and protocols applicable to it, its Business and operations
(as conducted by the Company now), applicable to the pest control segment of the Business. No Action is pending against the Company
under any of the Company’s pest control warranties or guarantees, and except as set forth on Section 2.21(a) of the Company
Disclosure Schedule, the Company has not received notice of any such threatened Action and, to the Company’s Knowledge,
no such claims have been threatened against the Company since January 1, 2013. Since January 1, 2007, the Company has not received
any written communication from any Governmental Authority or manufacturer that alleges that the Company is not in compliance with
any applicable Laws or manufacturer treatments and protocols applicable to the pest control segment of the Business.

(b)          To
the Company’s Knowledge:

(i)          Company
is in material compliance with all statutes, laws, ordinances, rules, orders and regulations of federal, state and local governments
and manufacturer treatments and protocols applicable to it, its Business and operations (as conducted by the Company now) applicable
to the termite control segment of the Business;

(ii)         All
services for termite control customers have been performed pursuant to written contracts with the customers and in accordance
with the Company’s normal operating policies;

(iii)        The
Company has no claims pending under any of the Company’s termite warranties or guarantees;

(iv)        The
Company has not have received notice of any claims under any of the Company’s termite warranties or guarantees which have
not been, to the Company’s Knowledge, satisfactorily resolved as of the date hereof;

(v)         No
default exists under any termite control customer contract which, but for the lapse of time or the giving of notice, or both,
would be such a default;

(vi)        All
obligations of the Company arising under the termite control customer contracts up to and including the date hereof, both monetary
and non-monetary, have been satisfied, other than any routine or customary services to be provided in the future in accordance
with the terms of such contracts;

    	26

    	 

    

(vii)       Except
as set out in Section 2.21 of the Company Disclosure Schedule, since January 1, 2007, the Company has not had a termite
related claim not covered by or in excess of coverage provided to the Company by any existing general liability insurance, including
termite coverage, carried by the Company; and

(viii)      Since
January 1, 2007, the Company has not received any written communication from any Governmental Authority or manufacturer that alleges
that the Company is not in compliance with any such federal, state, provincial or local laws, rules or regulations or manufacturer
treatments and protocols applicable to the termite control segment of the Business.

For the avoidance of doubt,
any Damages for Termite Warranty Claims that occur from and after the Closing shall be governed solely by the provisions of Section
8.7 hereof.

 

2.22         Clients
and Vendors. Section 2.22 of the Company Disclosure Schedule contains a complete list of the names of the Clients and Vendors,
including the amount of revenue recorded for such Clients and the payments made to such Vendors for the Company’s fiscal
year ended December 31, 2016. To the Knowledge of the Company, no event has occurred that has, in any material respect, adversely
affected, or would reasonably be expected to adversely affect, the Company’s relations with any Client or Vendor, since
January 1, 2016. Except as set forth in Section 2.22 of the Company Disclosure Schedule, since January 1, 2016 through
the date hereof, no Client or Vendor has cancelled, terminated or, to the Knowledge of the Company, made any threat to cancel
or otherwise terminate any of its Contracts with the Company or to materially decrease its usage or supply of the Company’s
services or products.

2.23         Bankruptcy;
Insolvency. The Company has not (i) instituted proceedings under any applicable bankruptcy Law, (ii) had a bankruptcy
proceeding filed against it, (iii) filed a petition or answer of consent seeking reorganization under any bankruptcy or any
similar Law or similar statute, (iv) consented to the filing of any such petition, (v) had appointed a custodian of
it or any of its assets or property, (vi) made a general assignment for the benefit of creditors, (vii) admitted in
writing its inability to pay its debts generally as they become due, (viii) become insolvent, (ix) failed generally
to pay its debts as they become due, or (x) taken any corporate action in furtherance of or to facilitate, conditionally
or otherwise, any of the foregoing.

2.24         Brokers
or Finders. Except as otherwise set forth in Section 2.24 of the Company Disclosure Schedule, the Company has not incurred,
nor will incur, directly or indirectly, as a result of any action taken by the Company, any liability for any fee, compensation
or commission or any similar charges to any Person in connection with this Agreement or the Transaction.

2.25         No
Restrictions. Except as set forth on Section 2.25 of the Company Disclosure Schedule, the Company is not a party to, and
no asset or property of the Company is bound or affected by, any judgment, injunction, order, decree, contract, covenant or agreement
(non-compete or otherwise, and whether written or oral) (each, a “Restriction”) that restricts or prohibits,
or purports to restrict or prohibit, the Company from freely engaging in the Business or from competing anywhere in the world
(including any Contracts, covenants or agreements (whether written or oral) restricting the geographic area in which the Company
may engage in the Business; or restricting the markets, customers or industries that the Company may address in operating the
Business; or restricting the prices which the Company may charge for its products or services), or includes any grants by the
Company of exclusive rights or licenses, in each case other than Restrictions which do not and will not materially affect the
conduct of the Business.

    	27

    	 

    

2.26         Insurance.
Section 2.26 of the Company Disclosure Schedule contains a complete and accurate list and description of all insurance
policies which are owned by the Company or which name the Company as an insured and which pertain to the assets, operations, or
employees of the Business (collectively, “Insurance Policies”). As of the date of the execution of this
Agreement, all such Insurance Policies are, to the Company’s Knowledge, in full force and effect, the Company is in material
compliance with the terms of such policies and the Company has not received written notice of termination or non-renewal of such
policies or written notice that consummation of the Transaction will result in termination thereof.

2.27         Bank
Accounts. Section 2.27 of the Company Disclosure Schedule sets forth (i) the name of each Person with whom the Company
maintains an account or safety deposit box, (ii) the address where each such account or safety deposit box is maintained,
and (iii) the names of all Persons authorized to draw thereon or to have access thereto.

2.28         Powers
of Attorney. No power of attorney has been granted by the Company that is currently in effect. The Company has not given
any irrevocable power of attorney (other than such powers of attorney given in the ordinary course of business with respect to
routine matters or as may be necessary or desirable in connection with the consummation of the Transaction) to any Person for
any purpose whatsoever with respect to the Company.

2.29        Foreign
Corrupt Practices. Neither the Company nor, to its Knowledge, any other Person associated with or acting for or on behalf of the
Company, has directly or indirectly taken any action that would cause the Company to be in violation of the United States Foreign
Corrupt Practices Act of 1977, as amended (“FCPA”). Neither the Company nor, to its Knowledge, any other
Person associated with or acting for or on behalf of the Company, has directly or indirectly (i) made any contribution, gift,
bribe, rebate, payoff, influence payment, kick-back, or other similar payment to any Person, private or public, regardless of
form, whether in money, property or services (i) to obtain preferential treatment in securing business, to pay for preferential
treatment for business secured, to obtain special concessions or for special concessions already obtained, for or in respect of
the Company, or in violation of any applicable Laws, or (ii) established or maintained any fund or asset that has not been recorded,
or made any false or fictitious entries to disguise any such payment, in the books and records of the Company o. All payments
to agents, consultants and others made by the Company have been in payment of bona fide fees and commissions.

2.30        Disclosure.
There is no substantive fact known by Holdings, Company or any Stockholder (other than general economic or industry conditions)
that would reasonably be expected to have a material adverse effect on the business, prospects, financial conditions, or results
of operations of the Company that has not been set forth in this Agreement or the Company Disclosure Schedules.

    	28

    	 

    

2.31        No
Other Representations or Warranties. Except for the representations and warranties contained in Articles II and Article III (including
the related portions of the Disclosure Schedules), none of the Stockholders, the Company, Holdings, their respective Representatives
or any other Person has made or makes any other express or implied representation or warranty, either written or oral, on behalf
of the Stockholders, the Company or Holdings.

Article
III

Representations and Warranties of Stockholders

 

Each
Stockholder, severally and not jointly, hereby represents and warrants to Buyer, and acknowledges that Buyer is relying upon such
representations and warranties in connection with its purchase of the Interests, that the statements contained in this Article
III are true and correct as of the date hereof, except as set forth in the Stockholders’ Disclosure Schedule delivered
to Buyer concurrently with the execution and delivery of this Agreement (the “Stockholders’ Disclosure Schedule”),
which disclosure shall provide an exception to, or otherwise qualify, the representations or warranties of the Stockholders contained
in the section of this Agreement corresponding by number to such disclosure and to any other representation or warranty in this
Agreement to which the applicability of such disclosure is reasonably apparent on its face or if the items are expressly cross-referenced.

3.1          Power
and Authority; Execution and Validity. Each Stockholder has full power, authority and
the requisite capacity necessary to enter into, deliver and perform its obligations pursuant to this Agreement and to consummate
the Transaction and to execute and deliver the other Transaction Documents, perform its obligations hereunder and thereunder and
consummate the Transaction and transactions contemplated by the Transaction Documents. Each Stockholder’s execution, delivery
and performance of this Agreement and the Transaction Documents have been duly authorized and no other actions or proceedings
on the part of each Stockholder are necessary to authorize this Agreement and the Transaction. This Agreement has been duly and
validly executed and delivered by each Stockholder and constitutes the valid and binding obligation of each Stockholder, enforceable
against each Stockholder in accordance with its terms. Upon the execution and delivery thereof by each Stockholder, each of the
Transaction Documents (to the extent such documents purport to create binding obligations on the part of such Stockholder) will
constitute a valid and binding obligation of each Stockholder, enforceable against such Stockholder in accordance with its terms.

3.2          Absence
of Conflicts. The execution and delivery by such Stockholder of this Agreement and the
Transaction Documents, the performance by such Stockholder of his, her, or its obligations hereunder and thereunder and the consummation
by such Stockholder of the Transaction and transactions contemplated by the Transaction Documents will not (a) result in
any violation or breach of any agreement or, to the Stockholder’s Knowledge, any Law, (b) result in any violation or
breach of, or constitute a default under, or constitute an event creating rights of acceleration, prepayment, termination, amendment,
suspension, revocation or cancellation or a loss of rights under, any term or provision of any note, bond, mortgage, indenture,
lease, franchise, Permit, License, Contract or other instrument or document to which such Stockholder is a party or by which such
Stockholder’s properties or assets are bound, (c) assuming that the filings and consents referred to in Section
2.6 and Section 5.7 of this Agreement are made or obtained, result in any violation of any requirements of Law or any
court order applicable to such Stockholder or its respective properties or assets or (d) result in the creation of, or impose
on such Stockholder any obligation to create, any Encumbrance upon his or her interest (direct or indirect) in the Company.

    	29

    	 

    

3.3          Governmental
and Third Party Approvals. Except for the notices and consents listed on Section 3.3
of the Stockholders’ Disclosure Schedule and those regulatory approvals of Buyer and Company referenced in Section
5.7 of this Agreement, to the Stockholder’s Knowledge, there is no requirement applicable to such Stockholder to obtain
any consent of, or to make or effect any declaration, filing or registration with, any Governmental Authority or other Person
for the valid execution and delivery by such Stockholder of this Agreement and the Transaction Documents, the due performance
by such Stockholder of its respective obligations hereunder and thereunder or the lawful consummation by such Stockholder of the
Transaction and transactions contemplated by the Transaction Documents.

3.4          Litigation.
There are no Actions pending or, to the Stockholder’s Knowledge, threatened against such Stockholder or to which such Stockholder
is a party (a) that relate to this Agreement or any action taken or to be taken by such Stockholder in connection therewith,
or which seek to enjoin or obtain monetary Damages in respect of, this Agreement or (b) that would reasonably be expected
to adversely affect the ability of such Stockholder to perform its obligations under and consummate the Transaction.

3.5          Fees.
Such Stockholder has not paid or become obligated to pay any fee or commission to any broker, finder or other intermediary in
connection with the Transaction or the transactions contemplated by the Transaction Documents.

Article
IV

Representations and Warranties of Buyer

 

Buyer
represents and warrants to Stockholders and Holdings, and acknowledges that Stockholders and Holdings are relying upon such representations
and warranties in connection with the Transaction and the consummation thereof, and that the statements contained in this Article
IV are true and correct as of the date hereof.

4.1          Corporate
Organization, Standing and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws
of Delaware. Buyer has the corporate power to own its properties and to carry on its business as now being conducted and is duly
qualified to do business and is in good standing in each jurisdiction in which the failure to be so qualified and in good standing
would have a Material Adverse Effect.

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4.2          Authority.

(a)          Buyer
has all requisite corporate power and authority to enter into this Agreement and the other Transaction Documents and to consummate
the Transaction and the transactions contemplated by the Transaction Documents. The execution and delivery of this Agreement and
the other Transaction Documents and the consummation of the Transaction and the transactions contemplated by the Transaction Documents
have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement and the other Transaction Documents
have been duly executed and delivered by Buyer and (assuming due authorization, execution and delivery by each other party thereto)
constitute valid and binding obligations of Buyer, enforceable against Buyer, in accordance with their terms subject to (i) Laws
of general application relating to bankruptcy, insolvency, reorganization, moratorium and the relief of debtors or similar Laws
affecting creditors’ rights generally, and (ii) the availability of specific performance, injunctive relief and other
equitable remedies (regardless of whether considered in a proceeding at Law or in equity).

(b)          The
execution and delivery of this Agreement and the other Transaction Documents by Buyer do not, and the consummation of the Transaction
and the transactions contemplated by the Transaction Documents will not, conflict with, or result in any violation of, or default
under (with or without notice or lapse of time, or both), or give rise to a right of termination, cancellation or acceleration
of any obligation or loss of any benefit under any provision of the Buyer Charter Documents.

(c)           No
consent, approval, order or authorization of, or registration, declaration or filing with, any Governmental Authority or any other
Person is required by or with respect to Buyer in connection with the execution and delivery of this Agreement and the other Transaction
Documents or the consummation of the Transaction or the transactions contemplated by the Transaction Documents, except for (i) such
consents, approvals, orders, authorizations, registrations, declarations and filings as may be required under applicable securities
Laws and the HSR Act, and (ii) such other consents, authorizations, filings, approvals and registrations which, if not obtained
or made, would not have a Material Adverse Effect and would not prevent, or materially alter or delay the Transaction.

4.3           Litigation.
There is no Action pending before any Governmental Authority or, to the Knowledge of Buyer, threatened (including allegations
that could form the basis for future Action), against Buyer or any of its properties, officers, directors or stockholders (in
their capacities as such), or any judgment, decree or order against Buyer, in each case that could reasonably be expected to have
a Material Adverse Effect or materially alter or delay the Transaction.

4.4           Sufficiency
of Funds; Solvency. Buyer has sufficient immediately available funds to pay the Purchase Price pursuant to this Agreement. Immediately
after giving effect to the Transaction, Buyer shall be solvent and shall: (a) be able to pay its debts as they become due; (b)
own property that has a fair saleable value greater than the amounts required to pay its debts (including a reasonable estimate
of the amount of all contingent liabilities); and (c) have adequate capital to carry on its business. In connection with the Transaction,
Buyer has not incurred, nor plans to incur, debts beyond its ability to pay as they become absolute and mature.

4.5          Brokers
or Finders. Buyer has not incurred, and will not incur, directly or indirectly, as a result of any action taken by Buyer, any
liability for brokerage or finders’ fees or agents’ commissions or any similar charges in connection with this Agreement
or the Transaction.

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4.6           Investment
Intention. Buyer is acquiring the Interests for its own account, not as a nominee or agent, for investment purposes only and not
with a view to the resale or distribution (as such term is used in Section 2(11) of the Securities Act) of any part thereof. Buyer
has no present intention of selling, granting any participation in or otherwise distributing any of the Interests. Buyer does
not have any contract, undertaking, agreement or arrangement with any person to sell, transfer or grant participation in the Interests
to such person or to any third party. Buyer understands that the Interests have not been registered under the Securities Act and
cannot be sold unless subsequently registered under the Securities Act or an exemption from such registration is available.

4.7           Independent
Investigation. Buyer has conducted its own independent investigation, review and analysis of the Company and the Business, and
acknowledges that it has been provided adequate access to the personnel, properties, assets, premises, books and records, and
other documents and data of the Company for such purpose. Buyer acknowledges and agrees that in making its decision to enter into
this Agreement and consummate the Transaction, Buyer has relied solely upon its own investigation and the express representations
and warranties of the Company, Holdings and the Stockholders set forth in Articles II and III of this Agreement (including the
information set forth in the Company and Stockholder Disclosure Schedules identified therein).

Article
V

Covenants

5.1           Normal
Course. From the date hereof until the Closing Date, the Company shall, except as otherwise expressly contemplated by this Agreement
(including the Disclosure Schedules herein) or as consented to by Buyer in writing, use its commercially reasonable efforts
to (a)(i) maintain, in all material respects, its business organization and the Business, (ii) preserve its goodwill
and the confidentiality of its business know-how, and (iii)  preserve its present material business relationships; and (b) conduct
the Business in the ordinary course of business; provided, however, that the foregoing notwithstanding, the Company may
use all available cash to repay any Indebtedness or make cash distributions at or prior to the Closing so long as such distributions
do not impair the ability of the Company to fulfill its obligations in the ordinary course of business.

5.2          Conduct
of Business. From the date hereof until the Closing Date, the Company shall not, except as directly or indirectly contemplated
by this Agreement or the Company Disclosure Schedules, do, or propose to do, any of the following without the prior written consent
of Buyer:

(a)           Declare
or pay any dividends on or make any other distributions (whether in cash, stock or property) in respect of any Capital Stock of
the Company (except to the extent such distributions do not impair the ability of the Company to fulfill its obligations in the
ordinary course of business pursuant to Section 5.1), or split, combine or reclassify any Capital Stock of the Company
or issue or authorize the issuance of any other securities in respect of, in lieu of or in substitution for Capital Stock of the
Company, or purchase or otherwise acquire, directly or indirectly, any of the Company’s Capital Stock;

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(b)          Issue,
deliver, sell or authorize, propose or commit to the issuance, delivery or sale of, any of the Company’s Capital Stock,
or subscriptions, rights, warrants or options to acquire, or other agreements or commitments of any character obligating it to
issue any such shares or other convertible securities;

(c)          Acquire
or agree to acquire by merging or consolidating with, or by purchasing a substantial equity interest in or substantial portion
of the assets of, or by any other manner, any business or any corporation, partnership or other business organization or division;

(d)          Sell,
lease, license or otherwise dispose of any of its properties or assets, except in the ordinary course of business;

(e)          (i) Increase
or agree to increase the compensation (including salary, bonus, benefits or other remuneration) payable or to become payable to
any director, officer, consultant, agent, or employee, other than (A) as required by Law, (B) pay raises in the ordinary
course of business or (C) to satisfy a contractual commitment existing prior to the date of this Agreement; (ii) grant
any material severance or termination pay to, or enter into or amend any employment or severance agreements with, any employees
or officers, other than the payment of severance or termination pay in accordance with any existing contractual commitments or
the terms of any Company Plan, which commitment or Company Plan is affirmatively disclosed in this Agreement; (iii) enter
into any collective bargaining agreement; (iv) establish, adopt, enter into or amend (except as may be required by Law) or
increase any benefits under any Company Plan; or (v) forgive any indebtedness of any employee to the Company of more than
One Thousand Dollars ($1,000);

(f)           Other
than to accomplish the Reorganization, amend any of the Company Charter Documents;

(g)          Make
any loans to any Person or guarantee any debt securities of others (other than as a result of the endorsement of checks for collection,
for advances for employee reimbursable expenses or for employee payroll advances, in each case in the ordinary course of business
consistent with past practice);

(h)          Initiate
any litigation or arbitration proceeding other than in the ordinary course of business consistent with past practice or to enforce
the terms of this Agreement;

(i)            Enter
into any Contract that would be a Material Contract if it had been in effect on the date of this Agreement, other than a Material
Contract on normal and customary terms consistent with past practice;

(j)            Modify,
amend or terminate any Material Contract (other than any modification or amendment in the ordinary course of business), or waive,
release or assign any rights or claims, or commit any act or fail to take any action that would result in a material breach of
such Material Contract;

(k)           Forgive
or compromise any Accounts Receivable outside the ordinary course of business;

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(l)            Make
or rescind any Tax election other than in connection with the Reorganization, or settle or compromise any Tax liability or amend
any Tax Return;

(m)          Make
or commit to make any capital expenditure in excess of Twenty Five Thousand Dollars ($25,000) individually or One Hundred Thousand
Dollars ($100,000) in the aggregate;

(n)           Enter
into any new license for any Intellectual Property to or from any third party other than in the ordinary course of business;

(o)          Fail
to timely pay accounts payable and other obligations other than (i) in the ordinary course of business or (ii) matters
contested in good faith;

(p)           Accelerate
the collection of any Accounts Receivable;

(q)          Mortgage
or pledge any of its material property or assets or subject any such assets to any Encumbrance (other than Permitted Encumbrances);

(r)            Create,
incur, assume or otherwise become liable for any Indebtedness in an aggregate amount in excess of Twenty Five Thousand Dollars
($25,000), or guarantee or endorse any obligation or the net worth of any Person;

(s)           Create,
incur, assume or otherwise become liable for any contingent liability as guarantor or otherwise with respect to the obligations
of others;

(t)            Pay,
discharge or satisfy any Indebtedness, obligation or liability, absolute, accrued, contingent or otherwise, that is not yet due,
in an amount in excess of Twenty Five Thousand Dollars ($25,000);

(u)           Adopt
a plan of complete or partial liquidation or resolution as providing for or authorizing such a liquidation or dissolution, merger,
consolidation, restructuring, recapitalization or reorganization, except in connection with the Reorganization; or

(v)          Take,
or agree in writing or otherwise to take, any of the actions described in paragraphs (a) through (u) above.

5.3           Employment.
Subject to compliance with Buyer’s human resources criteria, all employees of the Company shall be retained after the Closing
Date on substantially the same terms and conditions on which they are presently employed for the remainder of calendar year 2017,
and shall thereafter be provided an opportunity for continued employment with the Buyer or the Company.

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5.4           Access
to Personnel, Books and Records Following Signing. Subject to Section 5.11, from the date hereof until the Closing, the
Company shall permit Buyer and its representatives, at Buyer’s sole cost and expense and upon reasonable written notice,
(i) to have reasonable access to, and examine and make copies of, all books and records of the Company and (ii) to have reasonable
access to Company personnel, in both cases in order for Buyer to have the opportunity to make such investigation as it shall reasonably
desire to make of the affairs of the Company; provided, however, (a) that Buyer and its representatives shall schedule
such access and visits through a designated officer of the Company, (b) the Company will not be required to take any action to
the extent such action is not permitted by Law or that would constitute a waiver of the attorney-client or other privilege and
(c) the Company need not supply Buyer or its representatives with any information which, in the reasonable judgment of the Company,
is under a contractual or legal obligation not to supply, including, without limitation, the HSR Act, the Competition Act and
other Antitrust Laws, or the provisions of any agreement to which the Company is a party. The access granted to Buyer under this
section shall not unreasonably interfere with the Company’s normal operation of its business and shall not survive termination
of this Agreement.

5.5           Certain
Tax Matters.

(a)           Asset
Sale Treatment; Allocation of Purchase Price; Tax Reimbursement.

(i)          Since
the Company will be treated as a disregarded entity for income tax purposes following the Reorganization, the parties understand
and agree that the acquisition of all the Interests shall be treated, for income tax purposes, as a sale by Holdings and as the
purchase by the Buyer of all the assets of the Company. Accordingly, the deemed Purchase Price shall be allocated among the Company’s
assets, and the Non-Compete Agreements as required by the Code and Treasury Regulation 1.1060-1(c)(2) and as set forth on Schedule
6  hereto (the “Allocation Schedule”). Holdings and Stockholders shall pay any income tax imposed
on Holdings or the Company attributable to the deemed asset sale treatment, including, without limitation, (i) any tax imposed
under Code Section 1374, (ii) any depreciation recapture or other such tax, or (iii) any state, local or non - U.S. Taxes imposed
on Holding’s deemed gain. Provided, however, the Buyer shall remit to Holdings, on behalf of the Stockholders, one-half
of the incremental income tax cost borne by the Stockholders as a result of the deemed asset sale (i.e., taxes that are in
excess of the taxes that would have been borne by the Stockholders solely from a stock sale transaction without deemed asset
sale treatment; the “Tax Reimbursement”); provided, further, that in no event shall the Tax Reimbursement
be greater than Five Hundred Thousand Dollars ($500,000).

(ii)          The
parties will revise the Allocation Schedule from time to time to the extent necessary to reflect any indemnification payment made
hereunder or any other post-Closing payment made pursuant to or in connection with this Agreement. In the event of any disagreement
between the Buyer and Holdings regarding any proposed revision to the Allocation Schedule, the parties shall in good faith use
commercially reasonable efforts to agree on such revision.

(iii)          Each
of the parties agrees to (a) prepare and timely file all applicable income Tax Returns in a manner consistent with the Allocation
Schedule as finalized and (b) act in accordance with the Allocation Schedule for purposes of all income Taxes.

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(b)           Tax
Periods Ending on or Before the Closing Date. Holdings shall cause to be prepared, and file, or cause to be filed, on a timely
basis and in a manner consistent with the Company’s past practice (as applicable), all Tax Returns with respect to the Company
for taxable periods ending on or prior to the Closing Date (collectively, the “Prior Periods” and each,
a “Prior Period”) and required to be filed thereafter (the “Prior Period Tax Returns”).
Holdings shall provide a draft copy of such Prior Period Tax Returns to the Buyer for review at least thirty (30) Business Days
prior to the due date thereof. The Buyer shall provide comments to Holdings at least ten (10) Business Days prior to the due date
of such returns and Holdings shall consider the changes to such returns reasonably requested by the Buyer in good faith (unless
Holdings is advised in writing by the accounting firm that has prepared the Tax Returns that such changes (i) are contrary
to applicable Law, or (ii) are inconsistent with tax positions most recently taken in the Tax Returns of the Company). For
the avoidance of doubt, Buyer shall have no right to review or comment upon any tax returns of Holdings or the Stockholders.          

(c)           Tax
Periods Beginning Before and Ending After the Closing Date.

(i)          Buyer
shall prepare, or cause to be prepared, and file, or cause to be filed, on a timely basis and in a manner consistent with the
Company’s past practice (as applicable), any Tax Returns of the Company for taxable periods that begin before the Closing
Date and end after the Closing Date (collectively, the “Straddle Periods” and each, a “Straddle
Period”). Buyer shall provide a draft copy of such Straddle Period Returns to Holdings for review at least thirty
(30) Business Days prior to the due date hereof. Holdings shall provide comments to Buyer at least five (5) Business Days prior
to the due date of such returns and Buyer shall make all changes reasonably requested by Holdings in good faith (unless Buyer
is advised in writing by its independent outside tax consultant that such changes (i) are contrary to applicable Law, or
(ii) are inconsistent with tax positions most recently taken in the Tax Returns of the Company (as applicable) and will,
or are likely to, have a material adverse effect on Buyer or any of its Affiliates in any taxable period ending after the Closing
Date). Stockholders shall not be responsible for any Taxes payable with respect to the portion of any Straddle Period commencing
after the Closing Date.

Notwithstanding
any other provisions to the contrary in this Agreement, the parties agree that all Transaction Expenses shall be taken into account
as losses or deductions for the Pre-Closing Straddle Tax Period, on the Prior Period Tax Returns, or on such earlier Tax Returns
for any Pre-Closing Tax Periods as applicable and to the extent permitted by applicable Law, and each of Buyer and Holdings agrees
to prepare the Tax Returns described in this Section 5.5, or cause the Tax Returns described in this Section 5.5
to be prepared, in a manner consistent with such intent.

(ii)          For
purposes of this Agreement:

(1)          In
the case of any gross receipts, sales and use, goods and services, harmonized sales, provincial sales, income, or similar Taxes
that are payable with respect to a Straddle Period, the portion of such Taxes allocable to (A) the portion of the Straddle
Period ending on the Closing Date (the “Pre-Closing Straddle Tax Period”) and (B) the portion of
the Straddle Period beginning on the day next succeeding the Closing Date (the “Post-Closing Straddle Tax Period”)
shall be determined on the basis of a deemed closing at the end of the Closing Date of the books and records of the Company.

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(2)          In
the case of any Taxes other than gross receipts, sales and use, goods and services, harmonized sales, provincial sales, income,
or similar Taxes that are payable with respect to a Straddle Period, the portion of such Taxes allocable to the Pre-Closing Straddle
Tax Period shall be equal to the product of all such Taxes multiplied by a fraction the numerator of which is the number of days
in the Straddle Period from the commencement of the Straddle Period through and including the Closing Date and the denominator
of which is the number of days in the entire Straddle Period; provided, however, that appropriate adjustments shall be
made to reflect Taxes that can be identified and specifically allocated as occurring on or prior to the Closing Date or occurring
after the Closing Date. Notwithstanding the foregoing, Section 5.5(c) will exclusively govern the allocation of Taxes described
therein.

(3)          Buyer
shall be responsible for any Taxes with respect to the Post-Closing Straddle Tax Period.

(d)           Cooperation
on Tax Matters.

(i)          Buyer
and Holdings shall cooperate fully, as and to the extent reasonably requested by any Party, in connection with the filing of Tax
Returns pursuant to this Section 5.5 and any audit, litigation, or other proceeding with respect to Taxes. Such cooperation
shall include the retention and (upon the other party’s request) the provision of records and information reasonably relevant
to any such audit, litigation, or other proceeding and making their respective employees, outside consultants and advisors available
on a mutually convenient basis to provide additional information and explanation of any material provided hereunder. Buyer and
Holdings, on behalf of the Stockholders, agree (A) to retain all books and records with respect to Tax matters pertinent
to the Company relating to any taxable period beginning before the Closing Date until the expiration of the statute of limitations
(and, to the extent notified by Buyer or Holdings, any extensions thereof) of the respective taxable periods, and to abide by
all record retention agreements entered into with any Governmental Authority, and (B) to give the other reasonable written
notice prior to transferring, destroying or discarding any such books and records and, if the other so requests, Buyer or Holdings,
as the case may be, shall allow the other to take possession of such books and records.

(ii)         Buyer
and Holdings further agree, upon request, to use commercially reasonable efforts to obtain any certificate or other document from
any Governmental Authority or any other Person as may be necessary to mitigate, reduce or eliminate any Tax that could be imposed
(including, but not limited to, with respect to the Transaction).

(e)           Certain
Taxes. All transfer, documentary, sales, use, stamp, registration and other such Taxes and fees (including any penalties and
interest) incurred in connection with the Transaction (including any transfer or similar tax imposed by any Governmental Authority)
shall be paid by the Buyer. The party required by applicable Law to do so will file all necessary Tax Returns and other documentation
with respect to all such transfer, documentary, sales, use, stamp, registration and other Taxes and fees, and, if required by
applicable Law, the other parties will join in the execution of any such Tax Returns and other documentation.

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(f)           Pre-Closing
Tax Period Treatment. Neither Buyer nor the Company shall amend, refile or otherwise modify any Tax election or Tax Return
or grant an extension or waiver for the assessment or reassessment of Taxes with respect to any Pre-Closing Tax Period without
the prior written consent of Holdings, which consent may be provided or withheld in the sole discretion of Holdings.

(g)           Indemnification
and Tax Contests. Buyer’s and the Stockholders’ payment and indemnification obligations with respect to the covenants
in this Section 5.5 together with the procedures to be observed in connection with any Tax contest, shall be governed by
Article VIII.

5.6           Regulatory
Filings. Each of Buyer and the Company promptly shall cooperate and use commercially reasonable efforts to duly make all filings
and submissions necessary, proper or advisable under the HSR Act or any other applicable antitrust or noncompetition Laws or regulations
(“Antitrust Laws”), no later than five (5) Business Days from the date hereof, and to obtain any required
approval of any Governmental Authority with jurisdiction over the Transaction; provided, however, notwithstanding anything
to the contrary herein, failure by any Party to make the filing within such five (5) Business Day period shall not constitute
a breach of this Agreement. Each of Buyer and the Company shall furnish to the appropriate Governmental Authority all information
required for any application or other filing to be made pursuant to any applicable Law in connection with the Transaction. Each
of Buyer and the Company shall cooperate with the other in promptly filing any other necessary applications, reports or other
documents with any Governmental Authority having jurisdiction with respect to this Agreement and the Transaction, and in seeking
necessary consultation with and prompt favorable action by such Governmental Authority.

(a)           Each
of Buyer and the Company shall, as promptly as practicable, comply with any additional requests for information that arise following
the notifications and related documentation required under the HSR Act filed and submitted pursuant to this Agreement, including
requests for production of documents and production of witnesses for interviews or depositions by any Governmental Authorities.
The Parties shall keep each other appraised of the status of any communications with, and any inquiries or requests for additional
information from, any Governmental Authority with respect to the Transaction. Each of Buyer, on the one hand, and Holdings and
the Company, on the other hand, shall diligently assist and cooperate with the other in preparing and filing all documents required
to be submitted to any Governmental Authorities in connection with the Transaction and in obtaining any Governmental Authority
or third party consents, waivers, authorizations or approvals which may be required to be obtained by Buyer, Holdings, the Stockholders
or the Company in connection with the Transaction.

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(b)           Buyer
and its Affiliates shall take, or cause to be taken, any and all actions and do, or cause to be done, any and all things necessary,
proper or advisable to avoid, eliminate and resolve each and every impediment and obtain all approvals under the Antitrust Laws
in connection with the consummation of the Transaction, as promptly as practicable. Without limiting the foregoing, such actions
include: (i) proposing, negotiating, committing to and/or effecting, by consent decree, hold separate order, or otherwise, the
sale, divestiture, transfer, license, disposition or hold separate of such assets, properties, or businesses of Buyer or its Affiliates
or of the Business to be acquired pursuant to this Agreement as are required to be divested to avoid the entry of any decree,
judgment, injunction (permanent or preliminary) or any other order that would materially delay or prevent the consummation of
the Transaction as promptly as practicable; (ii) terminating, modifying or assigning existing relationships, contracts or obligations
of Buyer or its Affiliates or those relating to the Business to be acquired pursuant to this Agreement; (iii) changing or modifying
any course of conduct regarding future operations of Buyer or its Affiliates or the Business to be acquired pursuant to this Agreement,
or (iv) otherwise taking or committing to take any other action that would limit Buyer or its Affiliates’ freedom of action
with respect to, or their ability to retain, one or more of their respective operations, divisions, businesses, product lines,
customers, assets or rights or interests, or their freedom of action with respect to the Business to be acquired pursuant to this
Agreement; and (v) taking any and all actions to contest and defend any claim, cause of action or proceeding instituted or threatened
challenging the Transaction as violating any Antitrust Laws, including any injunction (whether temporary, preliminary or permanent).
Buyer shall, and shall cause its Affiliates to, keep Holdings and Company fully informed of all matters, discussions and activities
relating to any of the matters described in or contemplated by clauses (i) through (v) of this Section 5.7(b).

(c)           Without
limiting any other obligation under this Agreement, during the period from the date of this Agreement until the Closing Date,
each of Buyer, on the one hand, and the Company, Holdings and Stockholders on the other hand, shall not, and shall cause their
respective Affiliates not to, take or agree to take any action that would reasonably be expected to prevent the parties from obtaining
any Governmental Authority or third party consents in connection with the Transaction, or to prevent or materially delay or impede
the consummation of the Transaction.

5.7           Notices
and Consents. Each of the parties shall give any notices to, make any filings with, and use their best efforts to obtain any authorizations,
consents and approvals of Governmental Authorities and third parties which are required to be given, made or obtained by such
party in connection with consummation of the Transaction.

5.8           Notification.
From the date hereof until the Closing Date, if the Company becomes aware of any variances from the representations and warranties
contained in Article II that would cause the condition set forth in Section 6.2(a) not to be satisfied, the Company
shall disclose to Buyer in writing such variances in the form of updated Company Disclosure Schedules. Notwithstanding the foregoing,
the delivery of any such updated Company Disclosure Schedules will not be deemed to have cured any misrepresentation or breach
of warranty that otherwise might have existed hereunder by reason of such variance or inaccuracy for purposes of Buyer Indemnified
Parties’ rights to indemnification following the Closing pursuant to, and in accordance with, the terms of Article VIII
below.

5.9           Public
Announcement. The parties acknowledge and agree that the Buyer will be required by applicable securities Laws to issue a public
announcement of the Transaction, provided, however, that prior to making such announcement, Buyer shall deliver
a draft of such announcement to Holdings and shall give Holdings reasonable opportunity to comment thereon and shall use reasonable
efforts to incorporate such comments therein.

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5.10        Contact
with Customers and Suppliers. Prior to the Closing, Buyer and its representatives may contact and communicate with the customers,
service providers and suppliers of the Company in connection with the Transaction after prior consultation with, and written approval
of, Holdings.

5.11        Further
Assurances. Following the Closing, each of the parties hereto shall, and shall cause their respective Affiliates to, execute
and deliver such additional documents, instruments, conveyances and assurances and take such further actions as may be reasonably
required to carry out the provisions hereof and give effect to the Transaction.

5.12        Continuing
Nondisclosure Requirements. Buyer agrees to be bound by the Non-Disclosure Agreement between the parties dated May 31, 2017 (the
“NDA”). The NDA shall govern all access to documents, records and information of the Company provided
to Buyer before and after execution of this Agreement and shall expressly survive any termination of this Agreement, provided
that, the NDA shall terminate immediately and be of no further effect after the Closing.

5.13        Operating
Guidelines. From and after the Closing Date and until that date which is the third (3rd) anniversary of the Closing Date, the
Company and the Buyer shall use reasonable efforts to cause the Company to operate in accordance with the Operating Guidelines
attached hereto as Exhibit C (the “Operating Guidelines”). The intent of this covenant
is to memorialize general guidelines for operating the Company during the time period that Earn-out Payments to Stockholders are
potentially payable.

5.14        Books
and Records. For a period of seven years from and after the Closing Date, (i) Buyer shall use reasonable efforts not to dispose
of or destroy any of the material books and records of the Business relating to periods prior to the Closing (“Books
and Records”) without first offering to turn over possession thereof to Holdings, at Holdings’ expense, by
written notice to Holdings within a reasonable period of time prior to the proposed date of such disposition or destruction; (ii)
Buyer shall allow Holdings and its agents reasonable access to and to copy, for any proper purpose, such as a tax or regulatory
filing, all Books and Records, at Holdings’ expense; provided, however, that Holdings shall use reasonable
efforts to ensure that such access or copying shall be had or done in such a manner so as not to unduly interfere with the normal
conduct of the businesses of Buyer; and (iii) Buyer shall use reasonable efforts to assist Holdings in locating and obtaining
any Books and Records. Notwithstanding the foregoing, (A) nothing herein shall require Buyer to disclose any information to Holdings
if such disclosure would jeopardize any attorney-client or other legal privilege available to Buyer or contravene any applicable
Law and (B) to the extent that any Books and Records or other information are withheld from Holdings pursuant to clause (A) above
because disclosure thereof would jeopardize any attorney-client privilege or other legal privilege, Buyer shall use its commercially
reasonable efforts to make alternative arrangements, at Holdings’ expense, to provide to Holdings any factual information
contained in such Books and Records or other information in a manner that would not jeopardize any such privilege.

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Article
VI

Conditions to Closing

6.1           Conditions
to Obligations of All Parties. The obligations of each party to consummate the Transaction shall be subject to the fulfillment,
at or prior to the Closing, of each of the following conditions:

(a)           The
filings of Buyer and the Company pursuant to the HSR Act or any other Antitrust Laws shall have been made and the applicable waiting
period and any extensions thereof shall have expired or been terminated.

(b)           The
Restructuring shall have occurred, and the S Election, the QSub Election, and the Certificate of Conversion shall have been filed
and/or obtained.

(c)           The
transaction contemplated by the Goodwill Purchase Agreement shall have completed simultaneously with the Closing hereunder in
accordance with the terms therein.

(d)           Since
the date of this Agreement, there shall not have occurred any Material Adverse Effect.

6.2           Conditions
to Obligations of Buyer. The obligations of Buyer to consummate the Transaction shall be subject to the fulfillment or
Buyer’s waiver, at or prior to the Closing, of each of the following conditions:

(a)           Except
for representations and warranties that by their terms speak only as of a specified date, the representations and warranties made
by the Company and Holdings set forth in Article II, the representations and warranties made by the Stockholders set forth
in Article III, and any certificate or other writing delivered pursuant hereto shall be true and correct in all respects
(in the case of any representation or warranty qualified by materiality or Material Adverse Effect) or in all material respects
(in the case of any representation or warranty not qualified by materiality or Material Adverse Effect) on and as of the date
hereof and on and as of the Closing Date with the same effect as though made at and as of such date (except those representations
and warranties that address matters only as of a specified date, the accuracy of which shall be determined as of that specified
date in all respects).

(b)           Stockholders,
Holdings and the Company shall have duly performed in all material respects the obligations and agreements contained in this Agreement
that are required to be performed by the Stockholders, Holdings or the Company at or before the Closing.

(c)           The
Transaction Documents (other than this Agreement) shall have been executed and delivered by the parties thereto and true and complete
copies thereof shall have been delivered to Buyer.

(d)           The
Company shall have delivered to Buyer a good standing certificate (or its equivalent) for the Company from the secretary of state
or similar Governmental Authority of the jurisdiction under the Laws in which the Company is organized.

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CONFIDENTIAL
PORTIONS OF THIS AGREEMENT WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[****]”). THE OMITTED MATERIAL HAS
BEEN FILED SEPARATELY WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 

(e)           Holdings
shall have delivered, or caused to be delivered, to Buyer an instrument or instruments reflecting a transfer of the Interests
free and clear of Encumbrances.

(f)            Each
of [****],[****], and [****] shall have entered into employment agreements with Buyer in the form attached hereto as Schedule
6.

(g)           The
Goodwill Purchase Agreement shall have been executed by [****].

(h)           The
Stockholders, or one or more entities affiliated with the Stockholders, shall have entered into new leases for each of the Company’s
facilities identified in the Company Disclosure Schedules in the form attached hereto as, and for the rental amounts set forth
on, Schedule 7;

(i)            The
Company and Northwest Heating and Cooling, LLC shall have entered into a limited license agreement for the Northwest brand and
logo in the form attached hereto as Schedule 8;

(j)            The
Company shall have been released from any and all guarantees of any Stockholders, Affiliates, or other third party loan obligations
(including, guarantees executed by the Company in favor of Wells Fargo and Affinity Bank); and

(k)           The
Buyer shall have been added as a named insured to the Company’s insurance policies listed in Section 2.26 of the Company’s
Disclosure Schedule.

(l)            The
Company, Holdings and the Stockholders shall have delivered to Buyer such other documents or instruments as Buyer reasonably requests
and are reasonably necessary to consummate the Transaction.

6.3           Conditions
to Obligations of Holdings, the Stockholders, and the Company. The obligations of Holdings, the Stockholders, and the Company
to consummate the Transaction shall be subject to the fulfillment or waiver, at or prior to the Closing, of each of the following
conditions:

(a)           Except
for representations and warranties that by their terms speak only as of a specified date, the representations and warranties of
Buyer contained in Article IV of this Agreement and any certificate or other writing delivered pursuant hereto shall be
true and correct in all respects (in the case of any representation or warranty qualified by materiality or Material Adverse Effect)
or in all material respects (in the case of any representation or warranty not qualified by materiality or Material Adverse Effect)
on and as of the date hereof and on and as of the Closing Date with the same effect as though made at and as of such date (except
those representations and warranties that address matters only as of a specified date, the accuracy of which shall be determined
as of that specified date in all respects).

    	42

    	 

    

CONFIDENTIAL
PORTIONS OF THIS AGREEMENT WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[****]”). THE OMITTED MATERIAL HAS
BEEN FILED SEPARATELY WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 

(b)           Buyer
shall have duly performed and complied in all material respects with all agreements, covenants and conditions required by this
Agreement and each of the other Transaction Documents to be performed or complied with by it prior to or on the Closing Date.

(c)           The
Transaction Documents (other than this Agreement) shall have been executed and delivered by the parties thereto and true and complete
copies thereof shall have been delivered to Stockholders.

(d)           Buyer
shall have delivered the Aggregate Closing Amount to Holdings in accordance with Section 1.5.

(e)           Buyer
shall have entered into employment agreements with [****], [****], and [****] in the form attached hereto as Schedule 6.

(f)            The
Goodwill Purchase Agreement shall have been executed by the Buyer.

(g)           Buyer
shall have entered into new leases for each of the Company’s facilities identified in the Company Disclosure Schedules with
the Stockholders, or one or more entities affiliated with the Stockholders, in the form attached hereto as Schedule 8;
and

(h)           Buyer
shall have delivered to the Stockholders and/or the Company such other documents or instruments as Stockholders and/or the Company
reasonably request and are reasonably necessary to consummate the Transaction.

6.4           Failure
of Conditions. Neither the Stockholders, Company or Buyer may rely on the failure of any condition set forth in this Article
VI to be satisfied if such failure was caused by such Party’s failure to act in good faith or to use commercially reasonable
efforts to cause the Closing to occur.

 

Article
VII

Closing

7.1           Closing.
Subject to the terms and conditions of this Agreement, the purchase and sale of the Interests contemplated hereby shall take place
at a closing (the “Closing”) to be held at 10:00 a.m., Eastern Standard time, on August 1, 2017 or thereafter
as promptly as practicable (and in any event, within three (3) Business Days) after satisfaction or waiver of the conditions to
Closing set forth in Article VI have been satisfied or waived (other than conditions which, by their nature, are to be
satisfied on the Closing Date), at the offices of Barnes & Thornburg, LLP, 2475 Piedmont Road, Suite 1700, Atlanta, Georgia,
or at such other time or on such other date or at such other place as Stockholders and Buyer may mutually agree upon in writing
(the day on which the Closing takes place being the “Closing Date”; 12:01am on the Closing Date being
the “Effective Time”).

    	43

    	 

    

7.2           Company
Closing Deliveries. At the Closing, the Company shall deliver, or cause to be delivered, to Buyer the following, any of which,
if not fulfilled may be waived by Buyer:

(a)           a
certificate, in form and substance reasonably satisfactory to Buyer, executed by the Chief Executive Officer of the Company, certifying
that the conditions set forth in Sections 6.1(b), 6.1(d), and 6.2(a)-(b) have been satisfied;

(b)           evidence
reasonably satisfactory to Buyer of the repayment in full of all Indebtedness (including all Indebtedness of Affiliates) and the
termination and release in full of all Encumbrances relating to such Indebtedness;

(c)           evidence
reasonably acceptable to Buyer that, effective as of the Effective Time, the Company has terminated any arrangements, commitments,
contracts, agreements, equity plans or other binding obligations by which the Company may be bound to issue additional shares
of stock or other equity interests, if any, and whether now or hereafter in effect;

(d)           written
resignations of all officers and directors of the Company;

(e)           each
Stockholder’s executed counterparts to the non-competition agreement, in the form of Exhibit D (the “Non-Competition
Agreements”);

(f)            a
certificate of the Secretary of the Company certifying that attached thereto are true and complete copies of all resolutions adopted
by the board of directors and stockholders of the Company authorizing the execution, delivery and performance of this Agreement
and the other Transaction Documents and the consummation of the Transaction and the transactions contemplated by the Transaction
Documents, and that all such resolutions are in full force and effect and are all the resolutions adopted in connection with the
Transaction and the transactions contemplated by the Transaction Documents; and

(g)           possession
of the books and records, intellectual property and related documentation and records of the Company.

7.3           Buyer
Closing Deliveries. At the Closing, Buyer shall deliver, or cause to be delivered, the following:

(a)           payment
(or evidence of payment, as applicable) of the Closing Consideration pursuant to Section 1.3 and Section 1.5;

(b)           a
certificate, in form and substance reasonably satisfactory to the Company, executed by an authorized officer of Buyer, certifying
that the conditions set forth in Section 6.3(a)-(b) have been satisfied;

    	44

    	 

    

(c)           a
certificate of the Secretary of Buyer certifying that attached thereto are true and complete copies of all resolutions adopted
by the executive committee of the board of directors of Buyer authorizing the execution, delivery and performance of this Agreement
and the other Transaction Documents and the consummation of the Transaction and the transactions contemplated by the Transaction
Documents, and that all such resolutions are in full force and effect and are all the resolutions adopted in connection with the
Transaction and the transactions contemplated by the Transaction Documents; and

(d)           Buyer’s
executed counterpart to the Transaction Documents.

Article
VIII

Indemnification

8.1           Indemnification.

(a)           (i)
From and after the Closing, and subject to the provisions of Section 8.2 and Section 8.3, Holdings and the Stockholders
(the “Stockholder Indemnifying Parties”) shall jointly and severally, indemnify and hold harmless Buyer
and its Affiliates, and their stockholders, directors, officers, employees and agents (the “Buyer Indemnified Parties”)
against, and reimburse them for, any Damages (including reasonable out-of-pocket legal fees and expenses, and the reasonable out-of-pocket
costs of investigation incurred in defending against or settling such liability, damage, loss, cost or expense or claim therefor
and, subject to Section 8.5, any amounts paid in settlement thereof) imposed on or reasonably incurred by the Buyer Indemnified
Parties as a result of (A) a breach by Holdings or the Company of any of the representations and warranties set forth in Article
II of this Agreement; (B) breach of any covenant of Holdings, the Stockholders (collectively) or the Company under this Agreement;
(C) all Taxes for any Prior Period or for the Pre-Closing Straddle Tax Period, except to the extent any such Taxes were deducted
in the calculation of the Purchase Price; (D) Fraud on the part of Stockholders, Holdings or the Company; (E) any claim by any
former or other equity interest owner of the Company for any transaction prior to the Closing Date involving Company Capital Stock
or other equity interests of the Company, (F) costs and expenses of the Company incurred but not paid in connection with the Transaction
prior to Closing and not included in the Estimated Closing Balance Sheet or the Closing Balance Sheet; (G) any items listed on
Schedule 9 hereto (“Specified Indemnity Obligations”); and (H) any breach by Holdings
of its obligations to the Stockholders pursuant to this Agreement, or any claim by any Stockholder arising out of the performance
(or lack of performance) of the duties and responsibilities of Holdings under this Agreement.

(ii)         Subject
to the provisions of Section 8.2 and Section 8.3, each Stockholder severally, but not jointly, will indemnify and
hold harmless Buyer Indemnified Parties, and will reimburse Buyer Indemnified Parties, for all Damages (including reasonable out-of-pocket
legal fees and expenses, and the reasonable out-of-pocket costs of investigation incurred in defending against or settling such
liability, damage, loss, cost or expense or claim therefor and, subject to Section 8.5, any amounts paid in settlement
thereof) imposed on or reasonably incurred by the Buyer Indemnified Parties as a result of: (A) a breach by such Stockholder of
his, her or its representations and warranties set forth in Article III of this Agreement; or (B) a breach of any covenant
of such Stockholder (individually) under this Agreement.

    	45

    	 

    

(b)           From
and after the Closing, and subject to the provisions of Section 8.2 and Section 8.3, the Buyer (the “Buyer
Indemnifying Party”) shall indemnify and hold harmless Stockholders and their Affiliates, and their stockholders,
directors, officers, employees and agents (the “Stockholder Indemnified Parties”) against, and reimburse
them for, any Damages (including reasonable out-of-pocket legal fees and expenses, and the reasonable out-of-pocket costs of investigation
incurred in defending against or settling such liability, damage, loss, cost or expense or claim therefor and, subject to Section
8.5, any amounts paid in settlement thereof) imposed on or reasonably incurred by the Stockholder Indemnified Parties as a
result of (A) a breach of any representations or warranties on the part of Buyer under this Agreement, (B) a breach
of any covenant of Buyer under this Agreement, (C) any Third Party Claim or Damages resulting from the operation of the Business
on or after the Closing Date by Buyer or (D) Fraud on the part of Buyer. Provided, however, that no Stockholder Indemnified
Party shall be entitled to the indemnity provided in Section 8.1(b)(C) above if such Third Party Claim or Damage is attributable,
in whole or in part, to a breach of a representation, warranty, or covenant or condition of this Agreement by Holdings, the Company,
or a Stockholder.

(c)           Any
payments made to any party pursuant to this Article VIII shall constitute an adjustment of the Purchase Price for Tax purposes
and shall be treated as such by Buyer and the Stockholders and their respective Affiliates on their Tax returns unless otherwise
required by a Governmental Authority.

(d)           A
party making a claim for indemnification under this Article VIII shall be, for the purposes of this Agreement, referred
to as an “Indemnified Party” and a party against whom such claims are asserted under this Article
VIII shall be, for purposes of this Agreement, referred to as an “Indemnifying Party.”

8.2           Survival
of Representations, Warranties and Covenants. The Indemnifying Parties’ liability for Damages resulting from the breach
of any covenant, to the extent to be performed pre-Closing under this Agreement, or breach of any representations or warranties
under this Agreement, shall terminate eighteen (18) months following the Closing Date and, thereafter, shall cease to be of any
force or effect, with the exception of the foregoing:

(a)           claims
for indemnification based on breaches of representations and warranties in connection with Section 2.15 (Taxes), Section
2.16 (Employee Plans); Section 2.20 (Environmental), and any Specified Indemnity Obligation shall terminate and shall
cease to be of any force or effect sixty (60) days after the applicable statute of limitations for claims related to the particular
matter has expired (the “Statute of Limitation Claims”); and

(b)           claims
for indemnification based on the following: breaches of representations and warranties in connection with Section 2.1 (Corporate
Organization, Standing and Power), Section 2.2 (Capitalization), Section 2.3 (Authority), Section 2.4 (Ownership
and Title to Interests); Section 2.24 (Brokers or Finders), Section 3.1 (Power and Authority; Execution and Validity);
Section 4.1 (Corporate Organization, Standing and Power); Section 4.2 (Authority); and Fraud
shall terminate on the ten (10)-year anniversary of the Closing (collectively, the “Ten-Year Claims”).

    	46

    	 

    

CONFIDENTIAL
PORTIONS OF THIS AGREEMENT WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[****]”). THE OMITTED MATERIAL HAS
BEEN FILED SEPARATELY WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 

The
Statute of Limitation Claims and Ten-Year Claims are collectively the “Surviving Claims.” Unless otherwise
specified herein, to the extent that any covenants in this Agreement describe performance by the parties hereto from and after
the Closing, such covenants shall survive the Closing until such covenants are fully performed by the applicable party, waived
by the beneficiaries thereof or terminate as provided for herein.

8.3           Limitations
on Indemnification Obligations. The rights of an Indemnified Party to indemnification pursuant to the provisions of Section
8.1 are subject to the following limitations:

(a)           Stockholder
Indemnifying Parties shall have no liability under Section 8.1(a)(i)(A) for Damages resulting from (i) any individual claim
unless the Damages from such individual claim exceed [****] dollars ($[****]) (the “Threshold”), and
(ii) unless the cumulative amount of Damages for which the Stockholder Indemnifying Parties would, but for this provision, be
liable to the Buyer Indemnified Party exceeds [****] Dollars ($[****]) (the “Basket”), in which case,
such Buyer Indemnified Party shall be entitled to indemnification only for Damages in excess of the Basket. For the avoidance
of doubt, Stockholder Indemnifying Parties shall not have any liability under Section 8.1(a)(i)(A) unless and until the amount
of an individual claim for Damages equals or exceeds the Threshold. Once a claim exceeds the Threshold, then, to the extent that
cumulative Damages exceed the Basket, the Buyer Indemnified Parties would be entitled to recover the full amount of Damages in
excess of the Basket.

(b)           The
Stockholder Indemnifying Parties shall not in the aggregate be liable for any Damages in excess of [****] Dollars ($[****]) (the
“Cap”); provided, however, with respect to Damages arising out of the Surviving Claims,
the Stockholder Indemnifying Parties shall not in the aggregate be liable for any Damages in excess of the actual Purchase Price
paid to Holdings under this Agreement.

(c)           The
Stockholder Indemnifying Parties shall not be liable for any Damages to the extent that such Damages have been reserved for on
the Closing Balance Sheet and taken into account in calculating the Closing Net Asset Value amount or have been actually recovered
by the Buyer Indemnified Party from another Person including, without limitation, as a result of the Buyer Indemnified Party receiving
compensation for such Damages pursuant to any policy of insurance maintained by the Buyer Indemnified Party, the Company or a
tail policy purchased by the Stockholder Indemnifying Parties. The Buyer Indemnified Party shall use commercially reasonable efforts
to pursue insurance coverage for Damages so long as such action does not result in a material premium increase for its insurance
or negatively change the insurability of Buyer’s activities (whether in terms of coverable risks or otherwise).

    	47

    	 

    

(d)           Each
Indemnified Party hereunder shall take, and cause its Affiliates to take, commercially reasonable steps to mitigate and limit
any Damages upon becoming aware of any event or circumstance that would be reasonably expected to, or does, give rise thereto.

(e)           No
Indemnified Party shall be entitled to recover any amount due hereunder more than once in respect of the same Damages, including
by reason of the state of facts giving rise to such Damages constituting a breach of more than one representation, warranty or
covenant.

(f)           No
Indemnified Party shall be entitled to recover any special, punitive, exemplary, incidental or indirect damages, damages for lost
value, loss of business or lost profits, costs, expenses, punitive, exemplary, incidental or indirect damages, damages for lost
value, loss of business or lost profits.

(g)           No
Stockholder Indemnifying Party shall be liable to the extent that any Damages sustained or incurred by a Buyer Indemnified Party
were accrued and reflected on the statement setting forth the Closing Net Asset Value Statement and/or the Closing Balance Sheet.

(h)           No
Indemnifying Party shall be liable under this Article VIII for any Damages resulting from or relating to any breach of
any representation or warranty in this Agreement if the Indemnified Party had Knowledge of such breach prior to the date hereof.

(i)            Stockholder
Indemnifying Parties and Buyer Indemnifying Party acknowledge and agree they have not relied upon the accuracy or completeness
of any express or implied representation, warranty, statement or information of any nature made or provided by or on behalf of
the other party, except for the representations and warranties expressly set forth in this Agreement.

(j)            No
claim for indemnification may be asserted against any Indemnifying Party for breach of any representation, warranty, covenant
or agreement contained herein, unless the written notice required by Section 8.4 is received by such Indemnifying Party
on or prior to the date on which the survival period with respect to such representation, warranty, covenant or agreement which
is alleged to have been breached, terminates.

8.4           Notices;
Payment of Damages.

(a)           In
the event that any Indemnified Party has determined that it has incurred or sustained Damages or that it reasonably anticipates
that it will incur or sustain Damages, the Indemnified Party shall, within ten (10) Business Days of making any such determination,
deliver to Holdings or the Buyer, as the case may be, a certificate signed by the Indemnified Party (a “Damages Certificate”)
(i) stating that the Indemnified Party has incurred or sustained Damages or reasonably anticipates that it could incur or
sustain Damages and (ii) specifying in reasonable detail the individual items of Damages included and the basis for such
anticipated liability.

    	48

    	 

    

(b)           The
Indemnifying Party shall have thirty (30) calendar days following his, her or its receipt of a Damages Certificate to object to
any claim or claims made in a Damages Certificate. In the event that the Indemnifying Party is the Stockholder Indemnifying Party
and Holdings has not objected within such thirty (30) calendar day period to a Damages Certificate presented by Buyer, then the
Buyer shall retain a portion of the Holdback that is equal to the amount set forth in such Damages Certificate and the Holdback
shall be reduced by such amount. In the event that the Indemnifying Party is the Buyer Indemnifying Party and Buyer has not objected
within such thirty (30) calendar day period to a Damages Certificate presented by Holdings, then Buyer shall remit to Holdings
the amount set forth in such Damages Certificate via wire transfer of immediately available funds. In the event that the Indemnifying
Party so objects within such thirty (30) calendar day period, such objection must be in the form of a certificate signed by the
Indemnifying Party and delivered to the Indemnified Party (an “Objection Certificate”), which certificate
shall set forth the item(s) of Damages in the Damages Certificate to which the Indemnifying Party is objecting and a reasonable
basis for each such objection.

(c)           For
a period of fifteen (15) calendar days after the delivery of an Objection Certificate, the Indemnified Party and Indemnifying
Party shall attempt in good faith to agree upon the rights of the respective parties with respect to each of such claims as are
objected to therein. If such an agreement is reached as to all or any portion of the Damages that are subject to the Objection
Certificate, then a memorandum setting forth such agreement shall be prepared and signed by both parties. If no such agreement
can be reached after good faith negotiation, either party may file a claim in the Cobb County Superior Court, Georgia, provided
that, the claim(s) raised in the Damages Certificate must be filed within one (1) year of delivery of the Objection Certificate
or such claim(s) for indemnification are of no further force or effect.

8.5          Third
Party Claims.

(a)           In
the event an Indemnified Party becomes aware of a third party claim that the Indemnified Party reasonably believes may result
in a demand for indemnification hereunder (a “Third Party Claim”), the Indemnified Party shall notify
the Indemnifying Party of such claim as soon as reasonably practicable and, in any event, within ten (10) calendar days after
the Indemnified Party has received notice or otherwise learns of the assertion of such Third Party Claim, and the Indemnifying
Party shall be entitled (but not required), at the expense of such Indemnifying Party, to participate in the defense and handling
of such claim.

(b)           The
Indemnifying Party will have the right to defend the Indemnified Party against the Third Party Claim with counsel of its choice
reasonably satisfactory to the Indemnified Party so long as the following conditions are reasonably satisfied: (i) the Indemnifying
Party notifies the Indemnified Party in writing within thirty (30) calendar days after the Indemnified Party has given notice
of the Third Party Claim that the Indemnifying Party will indemnify the Indemnified Party from and against any Damages the Indemnified
Party may suffer resulting from, arising out of, relating to, in the nature of, or caused by the Third Party Claim, (ii) the
Indemnifying Party provides the Indemnified Party with evidence reasonably acceptable to the Indemnified Party that the Indemnifying
Party will have the financial resources to defend against the Third Party Claim and fulfill its indemnification obligations hereunder,
(iii) the Third Party Claim involves only monetary damages and does not seek an injunction or similar equitable relief, (iv) settlement
of, or an adverse judgment with respect to, the Third Party Claim is not, in the good faith and reasonable judgment of the Indemnified
Parties, likely to establish a precedential custom or practice that could have a material adverse effect on the continuing business
interests of the Indemnified Party, and (v) the Indemnifying Party conducts the defense of the Third Party Claim in a commercially
reasonable manner. The Indemnifying Party will not consent to the entry of a judgment or enter into any settlement agreement without
the prior written consent of the Indemnified Party (which consent shall not be unreasonably withheld, conditioned or delayed),
unless such judgment or settlement includes a full release of the Indemnified Party in respect of all indemnifiable Damages resulting
therefrom, related thereto or arising therefrom.

    	49

    	 

    

(c)           In
the event any of the conditions in Section 8.5(b) above is, in the reasonable and good faith determination of the Indemnified
Party, unsatisfied, (i) the Indemnified Party may defend against, and consent to the entry of any judgment or enter into
any settlement with respect to, the Third Party Claim in any manner it may deem reasonably appropriate (and the Indemnified Party
need not consult with, or obtain any consent from, the Indemnifying Party in connection therewith), (ii) the Indemnifying
Party will reimburse the Indemnified Party promptly for the reasonable costs of defending against the Third Party Claim (including
reasonable legal fees and expenses) upon the resolution of any such Third Party Claim, and (iii) the Indemnifying Party will
remain responsible for any Damages the Indemnified Party may suffer resulting from, arising out of, relating to, in the nature
of, or caused by the Third Party Claim to the fullest extent provided in this Article VIII.

(d)           Control
of Tax Claims. Notwithstanding anything to the contrary contained in this Section 8.5:

(i)          Holdings
shall control and resolve any Tax audit or administrative or court proceeding relating to Taxes (each a “Tax Claim”)
solely attributable to a Prior Period, including selection of counsel and selection of a forum for such Tax Claim, at Holdings
and the Stockholders’ cost and expense; provided, however, that the Buyer shall have the right, at its own expense,
to participate in, and consult with the Stockholders regarding any such Tax Claim. Holdings may not settle, compromise or resolve
any such Tax Claim without the consent of Buyer, which consent shall not be unreasonably withheld, conditioned or delayed. Notwithstanding
the foregoing, in the event that Buyer determines, in its good faith and reasonable judgment, that the settlement of such
Tax Claim is likely to establish a precedential custom, practice, or precedent adverse to the continuing business interests of
Buyer, then Buyer, and not Holdings, be entitled to control and resolve and any such Tax Claim, and Holdings shall have the right,
at its own expense, to participate in, and consult with Buyer regarding any such Tax Claim, and Buyer may not settle, compromise
or resolve any such Tax Claim without the consent of Holdings, which consent shall not be unreasonably withheld, conditioned or
delayed.

(ii)        
Holdings shall have the right to participate jointly with the Buyer in representing the interests
of the Company in any Tax Claim relating to a Straddle Period, if and to the extent that such period includes any Pre-Closing
Taxable Period, at Holdings and/or the Stockholders’ cost and expense. Any settlement or other disposition of any Tax Claim
relating to a Straddle Period may only be made with the consent of Holdings and Buyer, which consent shall not be unreasonably
withheld, conditioned or delayed, except that Buyer may, without the written consent of Holdings, enter into such an agreement
provided that Buyer shall have agreed in writing to accept responsibility and liability for the payment of such Taxes and to forego
any indemnification under this Agreement with respect to such Taxes. Buyer shall have sole control over any Tax Claim relating
to a taxable period that begins after the Closing Date.

    	50

    	 

    

CONFIDENTIAL
PORTIONS OF THIS AGREEMENT WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[****]”). THE OMITTED MATERIAL HAS
BEEN FILED SEPARATELY WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 

 

(iii)        The
parties will keep each other reasonably informed as to matters related to any Tax Claim for which indemnification may be sought
hereunder including, without limitation, any settlement negotiations.

(e)           Refunds
or overpayments of Tax (including accruals of Taxes for any Prior Period under Section 5.5(b) or any Pre-Closing Straddle
Tax Period under Section 5.5(c)) relating to all taxable periods ending on or prior to the Closing Date or any Pre-Closing
Straddle Tax Period shall be the property of Holdings, but only to the extent that such refunds or overpayments are not attributable
to (i) net operating loss or other carrybacks from periods ending after the Closing Date, or (ii) refunds or overpayments
reflected in the calculation of the Purchase Price or Closing Net Asset Value. Buyer shall pay any such refunds to Holdings, in
immediately available funds within five (5) Business Days of its receiving such refund from the appropriate Governmental Authority.

(f)           The
Indemnified Party shall reasonably cooperate with the Indemnifying Party in any defense, compromise or settlement, subject to
this Section 8.5 including, without limitation, by making available all pertinent books, records and other information
and personnel under its control to the Indemnifying Party at commercially reasonable rates and costs.

(g)           Notwithstanding
anything to the contrary contained in this Section 8.5, Buyer shall have the sole right to control and make all decisions
regarding any Third Party Claim involving a material past, current or future Company Client or Vendor, or involving a claim relating
to termite damage claims; provided, however, that in the event the Stockholders are responsible and have agreed
to indemnify Buyer for such Third Party Claim, (i) Buyer, the Company and Stockholders shall cooperate in the defense, compromise
or settlement thereof, (ii) the Stockholders shall have the right (but not the obligation) to participate in the defense,
compromise or settlement thereof at the Stockholders’ expense, and (iii) any compromise or settlement by Buyer shall
be approved by Holdings (which approval shall not be unreasonably withheld, conditioned or delayed).

8.6          
Except to the extent that the Damages resulted from Fraud (which may be satisfied in any
manner available to a Buyer Indemnified Party), recovery by Buyer Indemnified Parties for Damages pursuant to this Agreement shall
first reduce the Holdback, and second, to the extent the Holdback is insufficient to pay any remaining sums due and owing which
are not subject to the Cap, then the Stockholders shall be required to pay all of such additional sums due and owing to the Buyer
Indemnified Parties by wire transfer of immediately available funds within five (5) Business Days after the date of such notice.

8.7          Termite
Warranty Claims. Notwithstanding anything in this Agreement to the contrary, Termite Warranty Claims shall be subject to the following
terms, conditions, covenants, and conditions:

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CONFIDENTIAL
PORTIONS OF THIS AGREEMENT WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[****]”). THE OMITTED MATERIAL HAS
BEEN FILED SEPARATELY WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 

 

(a)           Stockholders
and Holdings shall have no liability for Damages resulting from a Termite Warranty Claim unless the Damages from such claim exceed
[****] dollars ($[****]) (the “Termite Claim Threshold”), but once the Termite Claim Threshold is exceeded
for a claim, the Stockholders and Holdings shall be responsible for all Damages for such claim.

(b)           For
all Termite Warranty Claims, Buyer agrees to resolve such claims using the Company’s current procedures and processes for
evaluating, escalating, notifying and resolving a Termite Warranty Claim including notifying the Company’s construction
team to evaluate and/or repair any termite damage promptly.

(c)           Buyer
shall give notice to Holdings within ten (10) days of becoming aware of any Termite Warranty Claim that does, or might reasonably
be expected to, exceed the Termite Claim Threshold. Thereafter, Holdings shall have five (5) Business Days from its receipt of
the initial notice in which to notify Buyer to (i) resolve and satisfy such claim by instructing Buyer to have the Company’s
construction team repair any termite damage associated with the Termite Warranty Claim, at normal rates charged for such construction
service and actual cost of the materials used, and/or (ii) make a claim under the insurance policy to provide coverage for the
termite damage. In the event that Holdings does not provide notification to Buyer as provided in the immediately preceding sentence,
Buyer may address such Termite Warranty Claim as it determines in its commercially reasonable judgment.

 (d)           Buyer
shall be obligated to continue to maintain and continue the Company’s insurance coverage for Termite Warranty Claims through
the expiration of the current policy term, and shall use its reasonable commercial efforts to continue such coverage thereafter
until the first (1st) anniversary of the Closing Date.

(e)           In
the event that a Termite Warranty Claim shall exceed the Termite Claim Threshold and Holdings does not agree to fully cover the
costs of the repair or actions to be taken by the Company, or Buyer reasonably believes it is in the best interest of Company
to submit a claim, the Buyer will, submit a claim against the Company’s insurance coverage, and any recovery shall reduce
the Damages for which Stockholders and Holdings are responsible.

(f)           The
obligations of Holdings, the Stockholders and its representatives for Termite Warranty Claims for a termite customer of the Company
shall terminate and be of no further force or effect upon: (i) the performance of the Company or Buyer of an annual termite inspection
for such customer after the Closing; and (ii) the receipt of the Company or Buyer of a renewal payment from such customer after
the Closing, but in no event later than the one (1) year anniversary of the Closing.

    	52

    	 

    

8.8           Exclusive
Remedy. Absent Fraud, the indemnification provisions contained in this Article VIII shall be the sole and exclusive remedy
following the Closing as to all Damages any Indemnified Party may incur arising from or relating to this Agreement or the Transaction
(it being understood that nothing in this Section 8.6 or elsewhere in this Agreement shall affect the parties’ rights
to specific performance or other equitable remedies with respect to the covenants in this Agreement to be performed at or after
the Closing).

Article
IX

Termination

9.1           Termination.
This Agreement may be terminated at any time prior to the Closing:

(a)           by
mutual written consent of Buyer and Holdings, on behalf of the Stockholders, as duly authorized by the Boards of Directors of
Buyer and the Company;

(b)           by
the Company or Buyer, at any time after September 30, 2017 if the Closing shall have not occurred by such date (the “Termination
Date”) provided, however, that in each case, the right to terminate this Agreement under
this Section 9.1(b) shall not be available to any party whose failure to fulfill any material obligation required to be
performed as part of the Closing under this Agreement has been the cause of the failure of the Closing of the Transaction to occur
on or prior to such date;

(c)           by
the Company or Buyer, if any court of competent jurisdiction or any Governmental Authority shall have issued a final order restraining,
enjoining or otherwise prohibiting the consummation of the Transaction and such order is or shall have become final and non-appealable;

(d)           by
Buyer, upon written notice to Holdings, in the event of any material breach by the Company or a Stockholder of any of their respective
agreements, representations or warranties contained herein or in any Transaction Document and the failure of the Company or such
Stockholder, as applicable, to cure such breach within twenty (20) days after receipt of written notice from Buyer requesting
such breach to be cured; provided, however, that the Buyer is not then in material breach of this Agreement so as to cause
any conditions set forth in Article VI not to be satisfied; or

(e)           by
the Company and Stockholders, upon written notice to Buyer, in the event of any material breach by Buyer of any of its agreements,
representations or warranties contained herein or in any Transaction Document and the failure of Buyer to cure such breach within
twenty (20) days after receipt of written notice from the Company requesting such breach to be cured; provided, however,
that the Company and Stockholders are not then in material breach of this Agreement so as to cause any conditions set forth
in Article VI not to be satisfied.

9.2           Procedure
for Termination. Any party desiring to terminate this Agreement pursuant to Section 9.1 shall give written notice of such
termination to the other parties to this Agreement.

    	53

    	 

    

9.3           Effect
of Termination. In the event of termination of this Agreement in accordance with the provisions of this Article IX, this
Agreement shall forthwith become void and no party to this Agreement shall have any liability or further obligation arising under
this Agreement to any other party hereto; provided, however, that nothing in this Section 9.3 shall relieve
any party from liability for its willful breach of this Agreement; provided, further, that nothing herein shall
prejudice any rights, claims or causes of action that may have accrued hereunder or with respect hereto prior to the date of such
termination arising from any party’s willful breach of this Agreement. For the avoidance of doubt, the NDA between the parties
shall remain in full force and effect pursuant to Section 5.12 of this Agreement.

Article X

Miscellaneous

10.1         Waiver;
Amendment. Prior to the Closing Date, any provision of this Agreement may be
(a) waived by the party benefited by the provision or (b) amended or modified at any time by an agreement in writing
among the parties hereto executed in the same manner as this Agreement.

10.2        Counterparts.
This Agreement may be executed in one or more identical counterparts, all of which shall be considered one and the same agreement
and shall become effective when counterparts have been signed by each party and delivered to the other party; provided that a
facsimile signature shall be considered due execution and shall be binding upon the signatory thereto with the same force and
effect as if the signature were an original, not a facsimile signature.

10.3        Governing
Law; Waiver of Jury Trial.

(a)           This
Agreement shall be governed by, and interpreted in accordance with, the laws of the State of Georgia applicable to contracts made
and to be performed entirely within such State, without giving effect to any choice or conflict of Law provision or rule.

(b)           Each
of the parties hereby irrevocably submits to the jurisdiction of the Superior Court of Cobb County, Georgia solely in respect
of the interpretation and enforcement of the provisions of this Agreement and of the documents referred to in this Agreement,
and in respect of the Transaction, and hereby waive, and agree not to assert, as a defense in any action, suit or proceeding for
the interpretation or enforcement hereof or of any such document, that it is not subject thereto or that such action, suit or
proceeding may not be brought or is not maintainable in said court or that the venue thereof may not be appropriate or that this
Agreement or any such document may not be enforced in or by such court, and the parties hereto irrevocably agree that all claims
with respect to such action or proceeding shall be heard and determined in such court. The parties hereby consent to and grant
any such court jurisdiction over the person of such parties and agree that mailing of process or other papers in connection with
any such action or proceeding in the manner provided in Section 10.5 hereof or in such other manner as may be permitted
by applicable law shall be valid and sufficient service thereof.

    	54

    	 

    

(c)           EACH
PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT
ISSUES, AND THEREFORE EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY
IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTION. EACH PARTY
CERTIFIES AND ACKNOWLEDGES THAT (i) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR
OTHERWISE, TO IT THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (ii) EACH
PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (iii) EACH PARTY MAKES THIS WAIVER VOLUNTARILY AND
(iv) EACH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS
IN THIS SECTION 10.3(c).

10.4         Expenses.
Each party hereto shall be responsible for any costs or expenses incurred by it in connection with this Agreement and the Transaction,
including fees and expenses related to the negotiation, execution and delivery of this Agreement and the other agreements contemplated
hereby and of its own counsel, accountants and other professional advisors.

10.5         Notices.
Any notice, request, demand or other communication shall be deemed to have been duly given (as the case may be) upon the earliest
of (a) the date it is actually received by facsimile or email, (b) the Business Day after the day on which it is delivered
by hand, (c) the Business Day after the day on which it is properly deposited with Federal Express (or a comparable overnight
delivery service) and delivery is specified for the next Business Day, or (d) the third Business Day after the day on which
it is deposited in the United States certified or registered mail, return receipt requested, postage prepaid, in each case addressed
to such party at its mailing or email address set forth below or such other address as such party may specify by notice to the
parties hereto.

    	55

    	 

    

 

CONFIDENTIAL
PORTIONS OF THIS AGREEMENT WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[****]”). THE OMITTED MATERIAL HAS
BEEN FILED SEPARATELY WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 

If
to the Company, then to:

Northwest
Exterminating Co., LLC

830 Kennesaw Avenue

Marietta,
Georgia 30060

Attention: [****]

 

With
a copy to:

Gregory,
Doyle, Calhoun & Rogers, LLC

49 Atlanta St.

Marietta,
Georgia 30060

Facsimile:
(770) 426-6155

Attn:
H. Scott Gregory, Jr.,

 

If to the Stockholders,
then to Holdings at:

 

NW
HOLDINGS, LLC

286
Freyer Drive

Marietta,
GA 30060

Attention:
[****]

 

With
a copy to:

 

Gregory,
Doyle, Calhoun & Rogers, LLC

49 Atlanta St.

Marietta,
Georgia 30060

Facsimile:
(770) 426-6155

Attn:
H. Scott Gregory, Jr.,

    	56

    	 

    

If
to Buyer to:

Rollins,
Inc.

2170 Piedmont Road NE

Atlanta, GA 30324

Attention: Eddie Northen, Chief Financial Officer and Treasurer

Facsimile: 404-888-2731

With
a copy to:

Barnes & Thornburg LLP

3475 Piedmont Road, Suite 1700

Atlanta, GA 30305

Attention: Stuart Johnson

Facsimile: 404-264-4033

10.6         Entire
Understanding; No Third Party Beneficiaries. This Agreement, including all exhibits, schedules and annexes thereto, and the Transaction
Documents, represent the entire understanding of the parties hereto and thereto with respect to the subject matter thereof, and
this Agreement supersedes any and all other oral or written agreements heretofore made. Nothing in this Agreement, expressed or
implied, is intended to confer upon any Person, other than the parties hereto or their respective successors, any rights, remedies,
obligations or liabilities under or by reason of this Agreement.

10.7         Severability.
Any term or provision of this Agreement which is invalid or unenforceable in any jurisdiction shall, as to that jurisdiction,
be ineffective to the extent of such invalidity or unenforceability without rendering invalid or unenforceable the remaining terms
and provisions of this Agreement or affecting the validity or enforceability of any of the terms or provisions of this Agreement
in any other jurisdiction. If any provision of this Agreement is so broad as to be unenforceable, the provision shall be interpreted
to be only so broad as is enforceable. In all such cases, the parties shall use their reasonable best efforts to substitute a
valid, legal and enforceable provision which, insofar as practicable, implements the original purposes and intent of this Agreement.

    	57

    	 

    

10.8         Interpretation.
When a reference is made in this Agreement to Sections, Exhibits or the Disclosure Schedules, such reference shall be to a Section
of, or Exhibit to, this Agreement unless otherwise indicated. The table of contents and headings contained in this Agreement are
for reference purposes only and will not affect the meaning or interpretation and are not part of this Agreement. Whenever the
words “include,” “includes” or “including” are used in this Agreement, they shall be deemed
to be followed by the words “without limitation.” Whenever the words “as of the date hereof” are used
in this Agreement, they shall be deemed to mean the day and year first above written. Words in the singular shall be held to include
the plural and vice versa, case sensitive words shall include the meaning of the defined term unless the context otherwise requires
or unless otherwise specified and words of one gender shall be held to include the other gender as the context requires. The terms
“hereof,” “herein,” and “herewith” and words of similar import shall, unless otherwise stated,
be construed to refer to this Agreement as a whole (including all of the Exhibits to this Agreement). The word “or”
shall not be exclusive. All pronouns and any variations thereof refer to the masculine, feminine or neuter, single or plural,
as the context may require. All references to any period of days shall be deemed to be to the relevant number of calendar days
unless otherwise specified, and all references to “year” or “years” mean and refer to calendar year(s).

10.9         Assignment;
Successors. No party may assign either this Agreement or any of its rights, interests or obligations hereunder without the prior
written approval of the other parties. Subject to the preceding sentence, this Agreement shall be binding upon and shall inure
to the benefit of the parties hereto and their respective successors and permitted assigns.

10.10       Construction.
The parties hereby expressly waive the application of any Law, regulation, holding or rule of construction providing that ambiguities
in this Agreement will be construed against the party based on having drafted such agreement. The language used in this Agreement
shall be deemed to be the language chosen by the parties to express their mutual agreement, and this Agreement shall not be deemed
to have been prepared by any single party.

10.11       Specific
Performance. The parties hereto agree that irreparable damage would occur in the event that any of the provisions of this
Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed
that the obligations of the parties under this Agreement and the Transaction Documents, including
Holdings’ obligation to sell the Interests to Buyer, and Buyer’s obligation to purchase the Interests from
Holdings, shall be enforceable by a decree of specific performance issued by any court of competent jurisdiction, and
appropriate injunctive relief may be applied for and granted in connection therewith, without posting any bond or other
undertaking. Such remedies shall, however, be cumulative and not exclusive and shall be in addition to any other remedies
which any party may have under this Agreement or otherwise. Each of the parties agrees that it will not oppose the granting
of an injunction, specific performance and/or other equitable relief on the basis that any other party has an adequate remedy
at Law or that any award of specific performance is not an appropriate remedy for any reason at Law or in equity. Any party
seeking an injunction to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this
Agreement shall not be required to provide any bond or other security in connection with such order or injunction.

    	58

    	 

    

10.12       Representations
of Stockholders. Buyer, on its own behalf and on behalf of all its current and future Affiliates (including, without limitation,
the Company), agrees that, following the Closing, Gregory, Doyle, Calhoun & Rogers, LLC may serve as counsel to Stockholders,
Holdings and their respective Affiliates, in connection with any and all matters, whether or not related to this Agreement and
the consummation of the Transaction, including any litigation, claim, or obligation arising out of or relating to this Agreement
or the Transaction, notwithstanding any representation by Gregory, Doyle, Calhoun & Rogers, LLC of the Company prior to the
Closing Date. Buyer, on its own behalf and on behalf of all of its current and future Affiliates (including, without limitation,
the Company), hereby (a) waive any claim they have or may have that Gregory, Doyle, Calhoun & Rogers, LLC has a conflict of
interest or is otherwise prohibited from engaging in such representation and (b) agree that, in the event a dispute arises after
the Closing between Buyer, the Company, Stockholders, Holdings or any Affiliate of any of them, Gregory, Doyle, Calhoun &
Rogers, LLC may represent Stockholders, Holdings or any of their Affiliates, even though Gregory, Doyle, Calhoun & Rogers,
LLC may have represented the Company in a matter substantially relating to such dispute. Buyer, on its own behalf and on behalf
of all of its current and future Affiliates (including, without limitation, the Company) also further agree that, as to all communications
among Gregory, Doyle, Calhoun & Rogers, LLC and the Company, Stockholders and/or Holdings, or their Affiliates and/or representatives,
that relate in any way to this Agreement, the Transaction or any litigation or disputes among the parties to this Agreement arising
from events or circumstances prior to the Closing Date, the attorney-client privilege, attorney work-product protection, and expectation
of client confidence arising from Gregory, Doyle, Calhoun & Rogers, LLC’s representation of the Company prior to the
Closing in connection with this Agreement and the Transaction, and all information and documents covered by such privilege or
protection, shall belong to and be controlled by Stockholders and may be waived only by Holdings, and not the Company, and shall
not pass to or be claimed or used by Buyer or the Company. Notwithstanding the foregoing, in the event that a dispute arises among
Buyer, the Company and a third party other than Stockholders after the Closing, the Company may assert (but may not waive) the
attorney-client privilege to prevent disclosure of confidential communications by any legal counsel that represented the Company
prior to Closing to such third-party; provided, however, that the Company may not waive such privilege without the
prior written consent of Holdings.

Article
XI

Definitions

The
following terms have the meanings specified or referred to in this Article XI:

“Action” means
any claim, action, cause of action, demand, lawsuit, arbitration, inquiry, audit, notice of violation, proceeding, litigation,
citation, summons, subpoena or investigation of any nature, civil, criminal, administrative, regulatory or otherwise, whether
at law or in equity.

“Affiliate” of
a Person means any other Person who has any familial relationship with, or that directly or indirectly, through one or more intermediaries,
controls, is controlled by, or is under common control with, such Person. The term “control” (including the terms
“controlled by” and “under common control with”) means the possession, directly or indirectly, of the
power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities,
by contract or otherwise.

“Aggregate
Closing Amount” has the meaning set forth in Section 1.4(a).

“Agreement” has
the meaning set forth in the preamble.

“Antitrust
Laws” has the meaning set forth in Section 5.6(a).

    	59

    	 

    

“Assets”
means the trial balance accounts that make up the asset accounts listed on Schedule 5. The amounts in each account
shall be determined in accordance with the Company Accounting Policies, consistently applied by the Company in accordance with
past practice.

“Basket”
has the meaning set forth in Section 8.3(a).

“Benefit
Plan” means an “employee benefit plan,” as defined in Section 3(3) of ERISA.

“Books
and Records” has the meaning set forth in Section 5.15.

“Business”
has the meaning set forth in the recitals.

“Business
Day” means any day except Saturday, Sunday or any other day on which commercial banks located in the city of
New York, New York are authorized or required by Law to be closed for business.

“Buyer” has
the meaning set forth in the preamble.

“Buyer
Charter Documents” has the meaning set forth in Section 4.1.

“Buyer
Indemnified Parties” has the meaning set forth in Section 8.1(a).

“Buyer
Indemnifying Party” has the meaning set forth in Section 8.1(c).

“Capital
Stock” of any Person means any and all shares of, conversion and other rights to purchase, including warrants or
options (whether or not currently exercisable), and participations or other equivalents of or interests in (however designated),
in the equity (including, without limitation, common stock, preferred stock and limited liability company, partnership and joint
venture interests) of such Person.

“Certificate
of Conversion” has the meaning set forth in Section 2.15(c).

“Clients”
means the top twenty (20) clients of the Company on a consolidated basis as determined by the amount of net revenue recognized
during the year ended December 31, 2016.

“Closing” has
the meaning set forth in Section 7.1.

“Closing
Adjustment” has the meaning set forth in Section 1.8(a)(ii).

“Closing
Adjustment Holdback” has the meaning set forth in Section 1.3.

“Closing
Balance Sheet” has the meaning set forth in Section 1.8(b)(i).

“Closing
Company Cash” shall mean the actual amount of the Company’s Cash at Closing as reflected on the Closing Balance
Sheet.

“Closing
Consideration” has the meaning set forth in Section 1.3.

    	60

    	 

    

“Closing
Date” has the meaning set forth in Section 7.1.

“Closing
Net Asset Value Statement” has the meaning set forth in Section 1.8(b)(i).

“COBRA”
means the health care continuation requirements of ERISA Section 601 et seq. and Code Section 4980.

“Code” means
the United States Internal Revenue Code of 1986, as amended.

“Company” has
the meaning set forth in the preamble.

“Company
Accounting Policies” means the Company’s collective system of accounting policies, procedures, methods, controls
and practices applied on a basis consistent with those used in preparation of the Company’s monthly, quarterly and year-end
financial statements. For the avoidance of doubt, the Company’s accounting policies are not in accordance with GAAP and,
for purposes of illustration, do not include accruals or GAAP adjustments for revenue recognition, deferred revenues, reserves
for warranty, bad debts, or inventory obsolescence, vacation pay, sick pay and similar expenses that might be required in preparation
of financial statements in accordance with GAAP.

“Company
Cash” shall mean the sum of all cash and cash equivalents of the Company excluding all restricted cash (including
all cash posted to support letters of credit and deposits with third parties (including landlords)), which amount shall be (i)
reduced by issued but uncleared checks and drafts of the Company and (ii) increased by uncleared checks and drafts deposited for
the account of the Company.

“Company
Charter Documents” has the meaning set forth in Section 2.1(a).

“Company
Disclosure Schedule” has the meaning set forth in Article II.

“Company
Financial Statements” has the meaning set forth in Section 2.8(a).

“Company
Plans” has the meaning set forth in Section 2.16(a).

“Company’s
Accountants” means Bennett Thrasher, LLP.

“Contracts”
means all contracts, leases, deeds, mortgages, licenses, instruments, notes, commitments, undertakings, indentures, joint ventures
and all other agreements, commitments and legally binding arrangements, whether written or oral.

“Damages”
means any actual damage, loss, assessment, levy, fine, charge, claim, direct liability, demand, payment, judgment, settlement,
penalty, cost or expense with the exception of any special, punitive, exemplary, incidental or indirect damages, damages
for lost value, loss of business or lost profits, costs, expenses, punitive, exemplary, incidental or indirect damages, damages
for lost value, loss of business or lost profits.

“Damages
Certificate” has the meaning set forth in Section 8.4(a).

    	61

    	 

    

“Discharge”
means any manner of spilling, leaking, dumping, discharging, releasing or emitting, as any of such terms may further be defined
in any Environmental Law, into any medium including, without limitation, ground water, surface water, soil or air.

“Disputed
Amounts” has the meaning set forth in Section 1.8(c)(iii).

“Dollars
or $” means the lawful currency of the United States.

“Effective
Time” has the meaning set forth in Section 7.1.

“Encumbrance” means
any priority, lien, pledge, hypothecation, claim, charge, mortgage, security interest, encumbrance, prior assignment, option,
right of first refusal, preemptive right, community property interest or restriction of any nature whatsoever (including any restriction
on the voting of any security, any restriction on the transfer of any security or other asset, any restriction on the receipt
of any income derived from any asset, any restriction on the use of any asset and any restriction on the possession, exercise
or transfer of any other attribute of ownership of any asset).

“Environmental
Laws” means all federal, state, regional or local statutes, laws, rules, regulations, codes, orders, plans,
injunctions, decrees, rulings, and changes or ordinances or judicial or administrative interpretations thereof, or similar laws
of foreign jurisdictions where the Company conduct business, currently in existence any of which govern or relate to pollution,
protection of the environment, public health and safety, air emissions, water discharges, hazardous or toxic substances, solid
or hazardous waste or occupational health and safety, as any of these terms are or may be defined in such statutes, laws, rules,
regulations, codes, orders, plans, injunctions, decrees, rulings and changes or ordinances, or judicial or administrative interpretations
thereof, including, without limitation: the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as
amended by the Superfund Amendments and Reauthorization Act of 1986, 42 U.S.C. §§ 9601 et seq. (collectively, “CERCLA”);
the Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act of 1976, as amended by the Hazardous and
Solid Waste Amendments of 1984, 42 U.S.C. §§ 6901 et seq. (collectively, “RCRA”); the Hazardous
Materials Transportation Act, as amended, 49 U.S.C. § 1801 et seq.; the Federal Water Pollution Control Act of 1972, as amended
by the Clean Water Act of 1977, 33 U.S.C. §§ 1251 et seq.; the Toxic Substances Control Act of 1976, as amended, 15
U.S.C. §§ 2601 et seq.; the Emergency Planning and Community Right-to-Know Act of 1986, 42 U.S.C. §§ 11001
et seq. (“EPCRA”); the Clean Air Act of 1966, as amended by the Clean Air Act Amendments of 1990, 42
U.S.C. §§ 7401 et seq.; the Occupational Safety and Health Act of 1970, as amended, 29 U.S.C. §§ 651 et seq.
(“OSHA”); and the Federal Insecticide, Fungicide, and Rodenticide Act, as amended, 7 U.S.C. §§
136-136y (“FIFRA”).

“ERISA” means
the United States Employee Retirement Income Security Act of 1974, as amended, and the rules and regulations promulgated thereunder.

“ERISA
Affiliate” means all employers (whether or not incorporated) that would be treated together with the Company
or any of its Affiliates as a “single employer” within the meaning of Section 414 of the Code or Section 4001 of ERISA.

    	62

    	 

    

“Estimated
Calculation” has the meaning set forth in Section 1.8(a)(i).

“Estimated
Closing Balance Sheet” has the meaning set forth in Section 1.8(a)(i).

“Estimated
Closing Net Asset Value” has the meaning set forth in Section 1.8(a)(i).

“Estimated
Net Asset Value” has the meaning set forth in Section 1.8(a)(i).

“Excess
Net Asset Value Amount” has the meaning set forth in Section 1.8(a)(ii).

“Excluded
Assets” has the meaning set forth in Section 2.13(e).

“FCPA”
has the meaning set forth in Section 2.29.

“Fraud”
means, with respect to a party, its actual and intentional fraud with respect to the making of any of the representations
and warranties made in Article II, Article III and Article IV (as applicable); provided,
however, that such actual and intentional fraud shall only be deemed to have been committed by a party if: any
of the persons included in the definition of the Company’s Knowledge (in the case of the Company) had actual knowledge
(as opposed to imputed or constructive knowledge, which shall not be considered) that the subject representation or warranty
(as qualified by the Schedules hereto) was false when made.  The parties expressly agree that claims of fraud, gross negligence
or misrepresentation with respect to any matter other than the representations and warranties set forth in this Agreement are
excluded from the remedies available to either party with respect to this Agreement or the Transaction, to the
fullest extent permitted by Law. For the avoidance of doubt, fraud does not include mere negligence or gross negligence.

“GAAP”
means United States generally accepted accounting principles in effect from time to time.

“Governmental
Authority” means any federal, state, local or foreign government or political subdivision thereof, or any agency
or instrumentality of such government or political subdivision, or any self-regulated organization or other non-governmental regulatory
authority or quasi-governmental authority (to the extent that the rules, regulations or orders of such organization or authority
have the force of Law), or any arbitrator, court or tribunal of competent jurisdiction.

“Governmental
Order” means any order, writ, judgment, injunction, decree, stipulation, determination or award entered by
or with any Governmental Authority.

“Handle”
means any manner of generating, accumulating, storing, treating, disposing of, transporting, transferring, labeling, handling,
manufacturing or using, as any of such terms may further be defined in any Environmental Law, of any Hazardous Substances or Waste.

    	63

    	 

    

“Hazardous
Substances” shall be construed broadly to include any toxic or hazardous substance, material, or waste, and
any other contaminant, pollutant or constituent thereof, whether liquid, solid, semi-solid, sludge and/or gaseous, including without
limitation, chemicals, compounds, by-products, pesticides, asbestos containing materials, petroleum or petroleum products, and
polychlorinated biphenyls, the presence of which requires investigation or remediation under any Environmental Laws or which are
or become regulated, listed or controlled by, under or pursuant to any Environmental Laws, including, without limitation, RCRA,
CERCLA, the Hazardous Materials Transportation Act, the Toxic Substances Control Act, the Clean Air Act, the Clean Water Act,
FIFRA, EPCRA and OSHA, or any similar state or other statute, or any future amendments to, or regulations implementing such statutes,
laws, ordinances, codes, rules, regulations, orders, rulings, or decrees, or which has been or shall be determined or interpreted
at any time by any Governmental Authority to be a hazardous or toxic substance regulated under any other statute, law, regulation,
code, rule order, or decree, including under Canada’s Workplace Hazardous Materials Information System (“WHMIS”).

“HIPAA”
means the provisions of the Health Portability and Accountability Act of 1996 relating to privacy and security, as set forth in
45 C.F.R. part 160 and part 164, Subparts A, C and E.

“Holdback”
has the meaning set forth in Section 1.3.

“Holdings”
has the meaning set forth in the preamble.

“Holdings
Expense Account” has the meaning set forth in Section 1.4(b).

“Holdings
Expense Amount” has the meaning set forth in Section 1.4(b).

“Holdings
Expenses” has the meaning set forth in Section 1.09(d).

“HSR
Act” means the United States Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the rules and
regulations promulgated thereunder.

“Indebtedness”
means, without duplication, as of the Closing Time, (a) all obligations of the Company for borrowed money, (b) other indebtedness
of the Company evidenced by notes, bonds, debentures or other debt instruments, (c) indebtedness of the types described in clauses
(a) and (b) guaranteed, directly or indirectly, in any manner by the Company through an agreement to supply funds to, or in any
other manner, invest in, the debtor, or to purchase indebtedness, primarily for the purpose of enabling the debtor to make payment
of the indebtedness or to insure the owners of indebtedness against loss, (d) indebtedness for the deferred purchase price of
property or services with respect to which the Company is liable, other than Ordinary Course trade payables and deferred revenues
(also referred to on the Company’s balance sheet as “cash on program”), (e) all payment obligations under any
interest rate swap agreements or interest rate hedge agreements to which the Company is party, (f) any interest owed with respect
to the indebtedness referred to above and prepayment premiums or fees which would be payable if such indebtedness were paid in
full at Closing, (g) only to the extent drawn as of the Closing Time, any letters of credit, surety bonds, bids, performance bonds
or similar obligations, (h) all accrued but unpaid severance obligations of the Company an, and (i) debt or obligations related
to the purchase, redemption or retirement of stock of the Company.

“Indemnified
Party” has the meaning set forth in Section 8.1(e).

    	64

    	 

    

CONFIDENTIAL
PORTIONS OF THIS AGREEMENT WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[****]”). THE OMITTED MATERIAL HAS
BEEN FILED SEPARATELY WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 

“Indemnifying
Party” has the meaning set forth in Section 8.1(e).

“Independent
Accountant” has the meaning set forth in Section 1.8(c)(iii).

“Insurance
Policies” has the meaning set forth in Section 2.26.

“Intellectual
Property” means all intellectual property and industrial property rights and assets, and all rights, interests
and protections that are associated with, similar to, or required for the exercise of, any of the foregoing, however arising,
pursuant to the Laws of any jurisdiction throughout the world, whether registered or unregistered, including any and all: (a) trademarks,
service marks, trade names, brand names, logos, trade dress, design rights and other similar designations of source, sponsorship,
association or origin, together with the goodwill connected with the use of and symbolized by, and all registrations, applications
and renewals for, any of the foregoing; (b) internet domain names, whether or not trademarks, registered in any top-level
domain by any authorized private registrar or Governmental Authority, web addresses, web pages, websites and related content,
accounts with Twitter, Facebook and other social media companies and the content found thereon and related thereto, and URLs;
(c) works of authorship, expressions, designs and design registrations, whether or not copyrightable, including copyrights,
author, performer, moral and neighboring rights, and all registrations, applications for registration and renewals of such copyrights;
(d) inventions, discoveries, trade secrets, business and technical information and know-how, databases, data collections
and other confidential and proprietary information and all rights therein; (e) patents (including all reissues, divisionals,
provisionals, continuations and continuations-in-part, re-examinations, renewals, substitutions and extensions thereof), patent
applications, and other patent rights and any other Governmental Authority-issued indicia of invention ownership (including inventor’s
certificates, petty patents and patent utility models); (f) software and firmware, including data files, source code, object
code, application programming interfaces, architecture, files, records, schematics, computerized databases and other related specifications
and documentation; and (g) industrial designs.

“Interests”
has the meaning set forth in the Recitals.

“Interim
Financial Statements” has the meaning set forth in Section 2.8(a).

“IRS”
has the meaning set forth in Section 2.15(f).

“Knowledge,”
“Know” and “Known” and similar phrases with respect to any Person (other
than the Company) shall mean actual knowledge of such Person of the particular fact, including after reasonable inquiry of (i) employees
of such Person who are reasonably likely to have knowledge of the particular fact and (ii) such Person’s files and
records that are reasonably likely to contain information relating to such particular fact. With regard to the Company, this shall
mean the actual knowledge of any of [****], [****] and [****]. With regard to Buyer, this shall mean the actual knowledge of any
of [****], [****], [****], or [****].

    	65

    	 

    

“Law” means
any statute, law, ordinance, regulation, rule, code, order, constitution, treaty, common law, judgment, decree, other requirement
or rule of law of any Governmental Authority.

“Leased
Real Property” has the meaning set forth in Section 2.12(b).

“Leases”
has the meaning set forth in Section 2.12(b).

“Letter
of Transmittal” has the meaning set forth in Section 1.6(b).

“Liabilities”
means the trial balance accounts related to liabilities listed on Schedule 3. The amounts in each account shall
be determined in accordance with the Company Accounting Policies consistently applied by the Company and in accordance with the
Estimated Closing Balance Sheet Calculation and related adjustments described on Schedule 3.

“Licenses”
means all licenses, permits (including environmental, construction and operation permits), franchises, certificates, approvals,
exemptions, classifications, registrations and other similar documents and authorizations issued by any Governmental Authority,
and applications therefor.

“Material
Adverse Effect” means any event, occurrence, fact, condition or change that is, or could reasonably be expected
to become, individually or in the aggregate, materially adverse to (a) the business, results of operations, condition (financial
or otherwise) or assets of the Company, taken as a whole, or (b) the ability of Stockholders to consummate the Transaction
on a timely basis; provided, however, that “Material Adverse Effect” shall not include
any event, occurrence, fact, condition or change, directly or indirectly, arising out of or attributable to: (a) changes in conditions
in the U.S., Canadian or global economy, capital or financial markets generally, including changes in interest or exchange rates,
(b) changes in general legal, tax, regulatory, political or business conditions that, in each case, generally affect the geographic
regions or industries in which the Company conducts the Business, (c) changes or proposed changes in United States generally accepted
accounting principles, (d) the negotiation, execution, announcement or performance of this Agreement or the Transaction, including
the impact thereof on relationships, contractual or otherwise, with customers, suppliers, distributors, landlords, tenants, lenders,
investors or employees, (e) acts of war, armed hostilities, sabotage or terrorism, or any escalation or worsening of any such
acts of war, armed hostilities, sabotage or terrorism threatened or underway as of the date of this Agreement, (f) earthquakes,
hurricanes or other natural disasters, (g) any action taken by the Company at the request or with the consent of Buyer, or (h)
any matters expressly set forth in the Company Disclosure Schedule as of the date of this Agreement, basis; provided,
however, that any effect, event, development or change referred to in clauses (a), (b), (c), (e) or (f) immediately
above shall be taken into account in determining whether a Material Adverse Effect has occurred or would reasonably be expected
to occur to the extent that such event, change or effect has a disproportionate effect on the Company, taken as a whole, compared
to other participants in the industry in which the Company conducts the Business.

“Material
Contracts” has the meaning set forth in Section 2.18(a).

    	66

    	 

    

“Multiemployer
Plan” has the meaning set forth in Sections 3(37) and 4001(a)(3) of ERISA.

“Net
Asset Value” has the meaning set forth in Section 1.8(a)(iii).

“Net
Asset Value Shortfall Amount” has the meaning set forth in Section 1.8(a)(ii).

“Non-Competition
Agreement” has the meaning set forth in Section 7.2(e).

“Notices”
has the meaning set forth in Section 2.20(b).

“Objection
Certificate” has the meaning set forth on Section 8.4(b).

“Operating
Guidelines” has the meaning set forth in Section 5.13.

“Payment
Instructions” has the meaning set forth in Section 1.6(b).

“Permits”
means all consents, permits, licenses, grant, franchises, approvals, authorizations, registrations, certificates, variances and
similar rights obtained, or required to be obtained from any federal, provincial, territorial, county or local governmental entity
or any other Governmental Authority.

“Permitted
Encumbrances” shall mean (i) Encumbrances for Taxes that are not yet due and payable or that are being contested
in good faith, (ii) non-exclusive licenses granted by the Company in connection with the sales of products of the Business in
the ordinary course of business, (iii) mechanics’, carriers’, workers’, repairers’, and other similar
Encumbrances imposed by Law arising or incurred in the ordinary course of business for obligations that are not yet past due,
(iv) Encumbrances on leases of real property or granted to a landlord pursuant to a Lease arising from the provisions of such
leases, (v) pledges or deposits made in the ordinary course of business in connection with workers’ compensation, unemployment
insurance, and other social security legislation, (vi) zoning regulations and restrictive covenants and easements that do not
detract in any material respect from the value of the Company’s leasehold estates and do not materially and adversely affect,
impair or interfere with the use by the Company of any property affected thereby, (vii) utility easements, rights of way, restrictions,
covenants, claims, subleases or similar items to serve or serving leased real property, (viii) liens securing rental payments
under capital lease or operating lease arrangements, (ix) matters of public record; and (x) any encumbrances effecting the landlords
or ground lessors underlying interests in any of the Leases and/or the Leased Real Property from time to time.

“Person” means
an individual, corporation, partnership, joint venture, limited liability company, Governmental Authority, unincorporated organization,
trust, association or other entity.

“Post-Closing
Adjustment” has the meaning set forth in Section 1.8(b)(ii).

“Post-Closing
Straddle Tax Period” has the meaning set forth in Section 5.5(b)(ii).

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“Pre-Closing
Straddle Tax Period” has the meaning set forth in Section 5.5(b)(ii).

“Pre-Closing
Tax Period” means any Prior Period and any Pre-Closing Straddle Tax Period.

“Prior
Period Tax Returns” has the meaning set forth in Section 5.5(a).

“Prior
Period” has the meaning set forth in Section 5.5(a).

“Proceedings”
has the meaning set forth in Section 2.20(b).

“Pro
Rata Percentage” means, for each Stockholder, a percentage calculated by dividing (i) the total number of shares
of Holdings held by such Stockholder immediately prior to the Closing Date, by (ii) the total number of Fully Diluted Shares.

“Purchase
Price” has the meaning set forth in Section 1.2.

“QSub
Election” has the meaning set forth in Section 2.15(b).

“Release”
has the meaning set forth in Section 1.6(b).

“Representative” means,
with respect to any Person, any and all directors, officers, employees, consultants, financial advisors, counsel, accountants
and other agents of such Person.

“Resolution
Period” has the meaning set forth in Section 1.8(c)(ii).

“Restriction”
has the meaning set forth in Section 2.25.

“Restructuring”
has the meaning set forth in the Recitals.

“Review
Period” has the meaning set forth in Section 1.8(c)(i).

“S
Election” has the meaning set forth in Section 2.15(a).

“Statement
of Objections” has the meaning set forth in Section 1.8(c)(ii).

“Stockholder” has
the meaning set forth in the preamble.

“Stockholder
Expenses” has the meaning set forth in Section 1.4(b).

“Stockholder
Indemnified Parties” has the meaning set forth in Section 8.1(c).

“Stockholder
Indemnifying Parties” has the meaning set forth in Section 8.1(a).

“Stockholders’
Disclosure Schedule” has the meaning set forth in Article III.

“Specified
Indemnity Obligations” has the meaning set forth in Section 8.1(a).

    	68

    	 

    

“Statement
of Objections” has the meaning set forth in Section 1.8(c)(ii).

“Statute
of Limitations Claims” has the meaning set forth in Section 8.2(a).

“Stockholder
Approval” has the meaning set forth in Section 2.3(b).

“Straddle
Period” has the meaning set forth in Section 5.5(b)(i).

“Subsidiary”
means any Person of which (i) a majority of the outstanding share capital, voting securities or other equity interests are owned,
directly or indirectly, by the Company or (ii) the Company is entitled, directly or indirectly, to appoint a majority of the board
of directors, board of managers or comparable body of such Person.

“Surviving
Claims” has the meaning set forth in Section 8.2(b).

“Taxes” means
all (a) taxes, charges, withholdings, fees, levies, premiums, imposts, duties, governmental contributions or other charges of
any kind whatsoever, whether direct or indirect, imposed by any Governmental Authority including, without limitation, those levied
on, measured by or referred to as income, net income, gross income, receipts, capital, windfall profit, severance, property (real
or intangible or personal), production, sales, provincial sales, retail sales, harmonized sales, value-added, goods and services,
use, business occupation, license, excise, registration, franchise, employment, payroll (including social security contributions,
employment insurance, health taxes, and Canada, Quebec, Ontario and other government pension plan contributions), deductions at
source, workers’ compensation, withholding, alternative or add-on minimum, intangibles, ad valorem, transfer, gains, stamp,
customs, duties, estimated, transaction, title, capital, paid-up capital, profits, premium, recording, inventory and merchandise,
business privilege, federal highway use, commercial rent or environmental tax, and any liability under unclaimed property, escheat,
or similar Laws), (b) interest, penalties, fines, additions to tax or additional amounts imposed by any Governmental Authority
in connection with (i) any item described in clause (a) or (ii) the failure to comply with any requirement imposed with respect
to any Tax Return, and (iii) liability in respect of any items described in clause (a) and/or (b) payable by reason of contract,
assumption, transferee, successor or similar liability, operation of law (including pursuant to Treasury Regulations Section 1.1502-6
(or any predecessor or successor thereof or any analogous or similar state, local, or foreign Law)) or otherwise.

“Tax
Return” means any report, return, declaration, designation, election, undertaking, wavier, notice, filing,
information return, statement, form certificate or any other document or materials relating to Taxes, including any related or
supporting information with respect to any such documents or materials, filed or to be filed with any Governmental Authority in
connection with the determination, assessment, collection or administration of Taxes (including TD F90-22.1), including, without
limitation, any schedule or attachment thereto or amendment thereof, and estimated returns and reports of every kind with respect
to Taxes.

“Ten-Year
Claims” has the meaning set forth in Section 8.2(b).

“Termination
Date” has the meaning set forth in Section 9.1(b).

    	69

    	 

    

“Termite
Claim Threshold” has the meaning set forth in Section 8.7(a).

“Termite
Warranty Claim” means a claim by a customer of the Company under a written warranty or guarantee for termite treatment
services, which warranty or guarantee was issued by the Company prior to the Closing Date.

“Third
Party Claim” has the meaning set forth in Section 8.6(a).

“Transaction”
has the meaning set forth in the recitals.

“Transaction
Documents” means this Agreement, the Non-Competition Agreement(s), the employment agreements referenced in
Section 6.2(f), the leases referenced in Section 6.2(h), the license agreement referenced in Section 6.2(j),
and the Goodwill Purchase Agreement in Exhibit B.

“Transaction
Expenses” means (a) any fees, costs, expenses of, or payments made by, the Company related to any transaction bonus,
change of control payment or other compensatory payments made to any current or former employee or other service provider of the
Company solely as a result of the execution of this Agreement or the consummation of the Transaction (but excluding, for the avoidance
of doubt, any such arrangements that are implemented by Buyer), (b) all employment Taxes imposed on the Company resulting from
any and all payments made pursuant to the foregoing subsection (a) and (c) any legal, accounting, financial advisory and other
third party advisory or consulting fees and other expenses incurred by the Company or the Stockholders in connection with the
Transaction and other related matters to the extent incurred, whether or not paid as of the Closing and not otherwise included
in Working Capital.

“Transmittal
Package” has the meaning set forth in Section 1.6(b).

“Threshold”
has the meaning set forth in Section 8.3(a).

“Vendors”
means all production and equipment vendors and subcontractors of the Company as to which expenses in excess of One Hundred Thousand
Dollars ($100,000) either were incurred to such vendors and subcontractors during the Company’s fiscal year ended December
31, 2016.

“Waste”
shall be construed broadly to include agricultural wastes, biomedical wastes, biological wastes, bulky wastes, construction and
demolition debris, garbage, household wastes, industrial solid wastes, liquid wastes, recyclable materials, sludge solid wastes,
special wastes, used oils, white goods, and yard trash as those are defined under any other statute, law, regulation, order, code,
rule or decree.

“Welfare
Plan” means an “employee welfare benefit plan” as defined in Section 3(l) of ERISA.

“Year
End Financial Statements” has the meaning set forth in Section 2.8(a).

[SIGNATURE PAGES
FOLLOW] 

    	70

    	 

    

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

	 	ROLLINS, INC.
	 	 	 
	 	By: 	/s/
    John Wilson
	 	Name: John Wilson
	 	Title:  President

 

 

 

    	 

    	 

    

CONFIDENTIAL
PORTIONS OF THIS AGREEMENT WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[****]”). THE OMITTED MATERIAL HAS
BEEN FILED SEPARATELY WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 

 

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

 

	 	COMPANY:
	 	 
	 	NORTHWEST EXTERMINATING
    CO., INC.
	 	By:	 
	 	Name: [****]
	 	Title:  
	 	 	 
	 	HOLDINGS:
	 	 	 
	 	NW HOLDINGS, LLC
	 	 
	 	By: 	                                                                   
	 	Name: [****]
	 	Title: 

    	 

    	 

    

CONFIDENTIAL
PORTIONS OF THIS AGREEMENT WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[****]”). THE OMITTED MATERIAL HAS
BEEN FILED SEPARATELY WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 

 

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

 

	 	COMPANY
    STOCKHOLDERS:
	 	 	 
	 	[****]	 
	 	 	 
	 	[****]	 
	 	 	 
	 	[****]	 
	 	 	 
	 	[****]	 
	 	 	 
	 	[****]Exhibit

Exhibit 10.1

Enhanced Severance Pay Plan

As Amended and Restated Effective October 1, 2017
Section 1. Introduction
a. Purpose
Cerner Corporation and its United States-based wholly-owned subsidiaries ("Cerner") value the contributions of their Associates and take measures to create and maintain a productive and fulfilling work environment. However, Cerner recognizes that business needs, an Associate's work performance or other reasons may require termination of employment. At any point during an Associate's employment, Cerner may choose to terminate the employment relationship.
Because employment with Cerner is at-will, Cerner has no obligation to compensate any Associate upon termination from his or her employment other than as may be provided in that Associate's Employment Agreement or as specifically set forth in this Enhanced Severance Pay Plan ("Plan"). Cerner values its Associates and is interested in helping to mitigate the financial hardship caused by business conditions or other factors necessitating a termination.
b. Overview
Generally, this Plan provides enhanced Severance Benefits to Associates upon either a (i) "Non-CIC Severance" or (ii) "CIC Severance", as such terms are defined herein. Cerner expressly reserves the right to amend or terminate this Plan, or the benefits provided hereunder, at any time; provided, however, that no such amendment or termination shall occur with respect to the CIC Severance Benefits after the occurrence of a Change in Control.
c. Summary Plan Description
This Plan document also constitutes the Summary Plan Description for the Plan.
Section 2. Definitions
Certain capitalized terms used herein are defined parenthetically throughout this Plan and/or defined in this Section 2.
a. Associate
“Associate” means an employee of Cerner.
b. Beneficial Ownership
"Beneficial Ownership", "Beneficial Owner" or "Beneficially Own" shall have the same meaning as such terms are used in Rule 13d-3 of the Exchange Act.
c. Board
"Board" means the Board of Directors of Cerner Corporation.
d. Cause
"Cause" means an Eligible Associate's (i) material breach of his/her Employment Agreement or material neglect of his/her duties and responsibilities thereunder, (ii) fraud against Cerner, (iii) misappropriation of Cerner's assets, (iv) embezzlement from Cerner, (v) theft from Cerner, (vi) acts resulting in the arrest and indictment for a crime involving drug abuse, violence, dishonesty or theft or (vii) act or failure to take any action that results in a violation of the Sarbanes-Oxley Act of 2002, or any related statutes, laws or regulations.
e. Change in Control
"Change in Control" means:
		
	1.
	The acquisition by any "Person" (as the term "person" is used for purposes of Section 13(d) or 14(d) of the Exchange Act) of Beneficial Ownership of thirty-five percent (35%) or more of either: (A) the then outstanding shares of common stock of Cerner Corporation (the "Outstanding Cerner Common Stock"), or (B) the combined voting power of the then outstanding voting securities of Cerner Corporation entitled to vote generally in the election of the Board's directors (the "Outstanding Cerner Voting Securities"); provided, however, that for purposes of this subsection (i), the following acquisitions shall not constitute a Change in Control: (X) any acquisition directly from Cerner, (Y) any acquisition by Cerner or (Z) any acquisition by any Associate benefit 

plan (or related trust) sponsored or maintained by Cerner Corporation or any corporation controlled by Cerner; or
		
	2.
	Individuals who, as of the date hereof, constitute the Board (the "Incumbent Board") cease for any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a Board director subsequent to the date hereof whose appointment or election, or nomination for election by Cerner's shareholders, was approved by a vote of at least a majority of the Board directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest with respect to the election or removal of Board directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board; or

		
	3.
	Consummation of a reorganization, merger or consolidation or sale or other disposition of all or substantially all of the assets of Cerner (a "Business Combination"), in each case, unless, following such Business Combination, (A) all or substantially all of the individuals and entities who were the Beneficial Owners, respectively, of the Outstanding Cerner Common Stock and Outstanding Cerner Voting Securities immediately prior to such Business Combination Beneficially Own, directly or indirectly, more than 50% of, respectively, the then outstanding shares of common stock and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of Cerner Corporation resulting from such Business Combination (including, without limitation, a corporation which as a result of such transaction owns Cerner or all or substantially all of Cerner's assets either directly or through one or more subsidiaries) in substantially the same proportions as their ownership, immediately prior to such Business Combination of the Outstanding Cerner Common Stock and Outstanding Cerner Voting Securities, as the case may be, (B) no Person (excluding any Associate benefit plan (or related trust) of Cerner or such corporation resulting from such Business Combination) Beneficially Owns, directly or indirectly, 35% or more of, respectively, the then outstanding shares of common stock of Cerner Corporation resulting from such Business Combination or the combined voting power of the then outstanding voting securities of such corporation except to the extent that such ownership existed prior to the Business Combination and (C) at least a majority of the members of the Board resulting from such Business Combination were members of the Incumbent Board at the time of the execution of the initial agreement, or of the action of the Board, providing for such Business Combination; or

		
	4.
	Approval by the shareholders of Cerner Corporation of a complete liquidation or dissolution of Cerner.

f. CIC Protected Period
"CIC Protected Period" means the period beginning on the effective date of a Change in Control and ending on the one-year anniversary of such effective date.
g. CIC Severance
"CIC Severance" means, at any time during the CIC Protected Period, an Eligible Associate's termination of employment with Cerner (or its successor), that also qualifies as a separation from service under Section 409A of the Code, due to (i) Cerner's (or its successor’s) termination without Cause of the Eligible Associate's employment, or (ii) the Eligible Associate's resignation for Good Reason.
h. CIC Severance Benefits
"CIC Severance Benefits" means those severance benefits set forth in Section 4(b) that, provided an Eligible Associate is entitled to receive such benefits in accordance with Section 3, the Eligible Associate receives following a CIC Severance.
i. CIC Week of Severance Pay
A "CIC Week of Severance Pay" means an Eligible Associate's: (i) regular weekly base rate of pay in effect on the effective date of a CIC Severance (prior to any reductions taken for payroll taxes, income tax withholdings, elective deferrals made to or in connection with Cerner's Associate benefit plans or Executive Deferred Compensation Plan, and excluding any overtime, bonuses, commissions, premium pay, benefits, expense reimbursements, etc.), plus (ii) the average annual cash bonus the Associate had received from Cerner during the three (3) years preceding the CIC Severance (prior to any reductions taken for payroll taxes, income tax withholdings, elective deferrals made to or in connection with Cerner's Associate benefit plans or Executive Deferred Compensation Plan, and excluding any overtime, bonuses, commissions, premium pay, benefits, expense reimbursements, etc.), divided by 52 weeks. For example, a CIC Week of Severance Pay for an Eligible Associate whose: (i) annual base salary (excluding the pay and benefits listed above) is $52,000, and (ii) whose average annual cash bonus received during the three (3) years preceding the CIC Severance is $15,600, would be $1,000 ($52,000/52 weeks) plus $300 ($15,600/52 weeks), equaling a CIC Week of Severance Pay of $1,300. Cerner’s cash bonus plan currently pays a bonus, if earned, following each 

fiscal quarter of Cerner. When calculating the average annual cash bonus, the actual cash bonus paid to the Associate (or earned but not yet paid for the most recent full fiscal quarter preceding the CIC Severance) for the twelve (12) consecutive full Cerner fiscal quarters immediately preceding the CIC Severance shall be included in the calculation of the Associate’s average annual cash bonus for the three (3) years preceding the CIC Severance. If the Associate has not been employed by Cerner for twelve (12) consecutive full Cerner fiscal quarters immediately prior to the CIC Severance, the average annual cash bonus received by such Associate shall be calculated based on the number of consecutive full fiscal quarters the Associate has been employed by Cerner immediately prior to the CIC Severance and adjusted to equal a yearly average. For avoidance of all doubt, the calculation of average annual cash bonus shall not include any sales commissions or similar payments received by an Associate based on individual sales or contracts signed with Cerner clients.
j. COBRA
"COBRA" means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.
k. Code
"Code" means the Internal Revenue Code of 1986, as amended.
l. Eligible Associate
"Eligible Associate" means an individual who: (i) is a permanent, full-time  Associate on the U.S. payroll of Cerner, as determined by Cerner's employment records; and (ii) has entered into an Employment Agreement. The determination of whether an Associate is an Eligible Associate shall be made by the Plan Administrator, in its sole discretion, and such determination shall be binding and conclusive on all persons. In no event shall part-time Associates, interns or independent contractors be Eligible Associates.
m. Employment Agreement
"Employment Agreement" means an Eligible Associate's then current Cerner Associate Employment Agreement, as amended, supplemented or otherwise modified, with Cerner.
n. Exchange Act
"Exchange Act" means the Securities Exchange Act of 1934, as amended.
o. Excess Severance Benefit
"Excess Severance Benefits" means any Severance Benefits that exceed the limit provided in Treas. Reg. Section 1.409A-1(b)(9)(iii).
p. Good Reason
"Good Reason" means, without an Eligible Associate's express written consent: (i) a material adverse change in the Eligible Associate's authority, duties or job responsibilities (except for such subordination in duties and job responsibilities as may normally be required due to Cerner's change from an independent business entity to a subsidiary or division of another corporate entity); or (ii) a reduction of 5% or more to an Eligible Associate's annual salary and cash bonus opportunity in effect prior to the Change in Control; provided, however, the Eligible Associate must provide notice to Cerner (or its successors) within 30 days after the adverse change or reduction and must give Cerner (or its successors) at least 30 days to remedy the event or condition. In no event will an isolated, insubstantial and inadvertent action not taken in bad faith and which is remedied by Cerner (or its successors) constitute Good Reason.
q. Non-CIC Severance
"Non-CIC Severance" means at any time, other than during a CIC Protected Period, an Eligible Associate's termination of employment with Cerner, that also qualifies as a separation from service under Section 409A of the Code, by Cerner, other than for Cause, due to reorganization, restructuring, unsatisfactory work performance (other than where such unsatisfactory work performance is deliberate), or for other reasons as determined by the Plan Administrator in its sole discretion to constitute a Non-CIC Severance. Without limitation, the following events and reasons shall not constitute a Non-CIC Severance:
		
	1.
	death;

		
	2.
	disability;

		
	3.
	voluntary resignation (regardless of the circumstances surrounding the Eligible Associate's decision to resign);

		
	4.
	retirement;

		
	5.
	discharge by Cerner for any other work related reason other than redundancy or unsatisfactory work performance (including, without limitation, absenteeism, misconduct, refusal to transfer to an equivalent 

position that does not require relocation, failure to return to work after an approved leave of absence, insubordination, violation of Cerner's rules or policies, dishonesty, deliberate unsatisfactory performance, etc.);
		
	6.
	CIC Severance; or

		
	7.
	termination for Cause.

r. Non-CIC Severance Benefits
"Non-CIC Severance Benefits" means those severance benefits set forth in Section 4(a) that, provided an Eligible Associate is entitled to receive such benefits in accordance with Section 3, the Eligible Associate receives following a Non-CIC Severance.
s. Plan Administrator
"Plan Administrator" means the person or entity specified as such in Section 7.
t. Role Level
"Role Level" means an Eligible Associate's designated category of employment as specified by Cerner's current employment classification hierarchy. In the event Cerner changes its hierarchy structure, the Role Levels specified in this Plan shall refer to the equivalent Role Level under any new classification scheme.
u. Severance Benefits
“Severance Benefits” means either CIC Severance Benefits or Non-CIC Severance Benefits.
v. Specified Associate
"Specified Associate" means an Associate that would be a "specified employee" as defined in Section 409A(a)(2)(B)(i) of the Code and Department of Treasury regulations and other interpretive guidance issued thereunder.
w. Week of Severance Pay
"Week of Severance Pay" means an Eligible Associate's regular weekly base rate of pay in effect on the effective date of a Non-CIC Severance (prior to any reductions taken for payroll taxes, income tax withholdings, elective deferrals made to or in connection with Cerner's Associate benefit plans or Executive Deferred Compensation Plan, and excluding any overtime, bonuses, commissions, premium pay, benefits, expense reimbursements, etc.). For example, a Week of Severance Pay for an Eligible Associate whose annual base salary as of the Non-CIC Severance (excluding the pay and benefits listed above) is $52,000, would be $1,000 ($52,000/52 weeks).
x. Year of Service
"Year of Service" means, with respect to an Eligible Associate, each period of twelve (12) consecutive months of full-time employment by Eligible Associate with Cerner beginning with the Associate's full-time employment commencement date with Cerner and ending with the day preceding the anniversary of such date in the next and all succeeding years. No partial Years of Service shall be credited under this Plan nor will prorated Severance Benefits be paid for any fractional Year of Service.
Section 3. Entitlement for Severance Benefits
a. Entitlement
Subject to the exceptions set forth below in Section 3(b), an Eligible Associate shall be entitled to receive either the Non-CIC Severance Benefits or the CIC Severance Benefits described below in Section 4, upon experiencing a Non-CIC Severance or CIC Severance, respectively, and provided that the following conditions are satisfied:
		
	1.
	The Eligible Associate's termination of employment with Cerner must have constituted either a CIC Severance or Non-CIC Severance. In no event shall an Associate’s leave during one of Cerner’s recognized leave programs constitute a termination of employment event under this Plan,

		
	2.
	Following or in connection with the Eligible Associate's termination of employment, the Eligible Associate must comply with all transition assistance requests of Cerner, to Cerner's satisfaction, such as aiding in the location of files and documents, returning all Cerner property and repaying any amounts owed Cerner, and

		
	3.
	With respect to and in connection with a Non-CIC Severance only, the Eligible Associate has executed and delivered to Cerner (and not revoked by the end of any applicable revocation period) a Severance and Release Agreement with Cerner, such agreement providing for an irrevocable and complete release of all present and future claims by the Eligible Associate, within twenty-one (21) days or forty-five (45) days, whichever period is required under applicable law. The end of any applicable revocation period, which in no event is to exceed seven (7) days (unless otherwise required by applicable law), is referred to in this Plan as the “Release Period Deadline.”

b. Exceptions to Severance Entitlement
An Eligible Associate will not receive Severance Benefits under this Plan in the following circumstances, as determined in the Plan Administrator's sole discretion:
		
	1.
	Any of (a) the Eligible Associate's Employment Agreement (or amendments or supplement thereto), (b) another broad-based Cerner severance plan or policy, or (c) any other agreement with Cerner providing for severance payments upon the Associate’s involuntary termination from Cerner, provide that none of the benefits provided under this Plan shall apply to the Associate or such agreement,  plan or policy provides that it shall apply to the Associate. 

		
	2.
	The Associate breaches the terms and conditions of his/her Employment Agreement (including, without limitation, violating the non-competition provisions thereof).

		
	3.
	With respect to Non-CIC Severance Benefits only: (a) the Eligible Associate's employment termination is in connection with the sale, divesture or other disposition of the stock or assets of any subsidiary, division or other operating unit of Cerner or any of its subsidiaries ("Operating Unit") (or part thereof) which does not constitute a Change in Control (a "Transaction"), and the Eligible Associate is offered continued employment, or continues in employment, with the divested Operating Unit (or part thereof) or the purchaser of the stock or assets of the Operating Unit (or part thereof), or one of such purchaser's affiliates (the "Post-Transaction Employer"), as the case may be, on terms and conditions that would not constitute Good Reason, and (b) Cerner obtains an agreement from the Post-Transaction Employer, enforceable by the Eligible Associate, to provide (or Cerner agrees to provide) severance pay, if the Eligible Associate accepts the offered employment or continues in employment with the Post-Transaction Employer or its affiliates following the Transaction, at least equal to the severance pay set forth in Section 4(a) payable upon a Non-CIC Severance termination of the Eligible Associate's employment with the Post-Transaction Employer or its affiliates within the six (6) month period following the Transaction. For purposes of this Section 3(b)(3), the term "Good Reason" shall have the meaning ascribed to it in this Plan, but the term "Cerner" as it is used in such definition shall be deemed to refer to the Post-Transaction Employer employing the Eligible Associate after the Transaction. For avoidance of doubt, in the circumstances described in the first sentence of this Section 3(b)(3), the Eligible Associate shall not be entitled to receive Non-CIC Severance Benefits under Section 4(a) whether or not the Eligible Associate accepts the offered employment or continues in employment. Except as to separate severance benefits Cerner may itself expressly agree to in writing to provide in connection with a Transaction (as contemplated by subpart (b) of the first sentence of this Section 3(b)(3)), the provisions of this Section 3(b)(3) do not create any entitlement to Severance Benefits from Cerner in any circumstances whatsoever and are to be construed solely as a limitation on such entitlement in the circumstances herein set forth.

Section 4. Severance Benefits
a. Non-CIC Severance Benefits
If the termination of an Eligible Associate's employment constitutes a Non-CIC Severance, Cerner shall pay the Eligible Associate an amount of severance pay based on the Eligible Associate's Role Level and Years of Service with Cerner as of the effective date of such termination. The amount of such severance pay shall be equal to: (i) a Week of Severance Pay for such Eligible Associate multiplied by (ii) that number set forth in a severance matrix, adopted periodically by management, outlining the severance benefits to which Eligible Associates shall be entitled (“Severance Matrix”). The Severance Matrix shall be attached hereto as Exhibit A, and dated to reflect the most recent adoption date by management.
b. CIC Severance Benefits
If the termination of an Eligible Associate's employment constitutes a CIC Severance, Cerner shall pay the Eligible Associate an amount of severance pay based on the Eligible Associate's Role Level and Years of Service with Cerner as of the effective date of such termination. The amount of such CIC Severance Benefits shall be equal to: (i) a CIC Week of Severance Pay for such Eligible Associate multiplied by (ii) that number set forth in the current Severance Matrix, multiplied by 1.5.
c. Form of Payment
		
	1.
	Before any Change in Control and except with respect to Excess Severance Benefits, and following receipt of the signed Severance and Release Agreement document and the expiration of the applicable Release Period Deadline, all Non-CIC Severance Benefits shall be paid in a lump sum or, if the Plan Administrator elects, as salary continuation (without interest) on regularly scheduled paydays of Cerner for the applicable severance period or some other method, but in no event shall payments continue beyond the last day of the twenty-fourth (24th) month following the month in which the Non-CIC Severance occurs.

		
	2.
	Before a Change in Control, all Non-CIC Severance Benefits which are Excess Severance Benefits shall be paid in a lump sum as soon as practicable within 75 days of the Non-CIC Severance.

		
	3.
	After a Change in Control and subject to the immediately following sentence, all Severance Benefits shall be paid in lump sum and (A) if the Severance Benefits are on account of a Non-CIC Severance, such that the payment of such benefits is subject to the Severance and Release Agreement requirements described above in Section 3(a)(3), such Non-CIC Severance Benefits shall be paid on the last day of the Release Period Deadline, and (B) if the Severance Benefits are on account of a CIC Severance, such that the payment of such benefits is not subject to the Severance and Release Agreement requirements described above in Section 3(a)(3), such CIC Severance Benefits shall be paid within seventy-five (75) days of the CIC Severance. Notwithstanding the immediately preceding sentence, if the Associate receiving any Severance Payment subject to this Section 4(c)(3) is a Specified Associate, then the payment of any Severance Benefits shall be delayed until and paid on the first day of the seventh month following the CIC or Non-CIC Severance.

		
	4.
	All Severance Benefit payments are subject to the offset provisions of Section 6(c) of the Plan.

d. Withholding
All Severance Benefits made under this Plan will be subject to applicable withholding for federal, state and local taxes. If any Eligible Associate is indebted to Cerner at his or her termination date, Cerner reserves the right to offset any Severance Benefits under this Plan by the amount of such indebtedness.
Section 5. Employment
a. No Modification of Associate Employment Agreements
This Plan shall not modify any terms of an Eligible Associate's Employment Agreement, including but not limited to the type of employment relationship, the Associate's obligations and continuing obligations set forth therein.
b. Limitation on Associate Rights
This Plan shall not give any Associate the right to be retained in the service of Cerner or interfere with or restrict the right of Cerner to terminate the employment of any Associate.
c. Changed Decisions
Cerner has the right to cancel or reschedule the effective date of an Eligible Associate's employment termination. An Eligible Associate will not be eligible for any Severance Benefits under this Plan if the Eligible Associate's employment termination is canceled by Cerner, or if the Eligible Associate is offered an opportunity to return to work or have his or her employment reinstated with Cerner.
Section 6. Relation to Other Benefits and Pay
a. COBRA
Associates and their dependents covered under one or more of Cerner's group health plans may be eligible for continuation coverage pursuant to the federal COBRA law. This Plan does not provide Associates or their dependents with any greater right to continuation coverage than what the federal COBRA law requires.
b. Other Benefit Plans
Eligibility, coverage and benefits under other Cerner benefit plans (e.g., any group life, disability, accidental death, retirement, stock plans, etc.) are governed by the terms of those respective plans. This Plan does not provide Associates or their beneficiaries and dependents with any greater eligibility, coverage or benefits than what such plans provide.
c. Offset of Benefits and Integration with Other Payments
Except as may otherwise be specifically provided for in an Associate's Employment Agreement or any other agreement with Cerner and subject to the immediately following sentence, the amount of any Severance Benefits paid under this Plan will be offset by any other severance-type payments an Eligible Associate may otherwise be entitled to receive from Cerner, including under an Employment Agreement or other agreement with Cerner that provides for payments upon the Associate’s involuntary termination from Cerner (with relating to a change in control or otherwise), pay-in-lieu of notice, severance pay, workers compensation wage replacement, disability pay, or similar benefits or pay under other benefit plans, severance programs, employment agreements, transaction documents or applicable laws, such as the WARN Act. Notwithstanding the foregoing, in no event shall the timing of any payment which is otherwise subject to Code section 409A be modified if such modification would result in a violation of Code section 409A and, in such event, all severance payments from Cerner shall be made in a manner, as determined by the Plan Administrator in its sole discretion, that would allow both this Plan and the other plan or agreement to operate in compliance with Code section 409A. In no event however shall this provision preclude an otherwise Eligible Associate from receiving any payments under a Cerner Performance Plan (CPP) or any pay for accrued, but unused, time off under Cerner’s separate 

CPP or personal time off policy, as may be amended from time-to-time. CPP and pay for, but unused, time off, if any, shall be paid pursuant to the terms of those separate plans or policies.
d. Reemployment
If an Eligible Associate is reemployed by Cerner while Severance Benefits are still payable under the Plan, all such Severance Benefits will cease, except as otherwise specified by the Plan Administrator, in its sole discretion.
Section 7. Plan Administration
a. Plan Administrator
The Plan is administered by Cerner, which is the Plan Administrator under the Employee Retirement Income Security Act of 1974 ("ERISA"). It is the responsibility of the Plan Administrator to ensure that the Plan is administered in accordance with its terms. It is also the responsibility of the Plan Administrator to explain any rights and benefits that an Eligible Associate may have under the Plan and to answer any questions which an Eligible Associate may have. The Plan Administrator maintains all documents which comprise the Plan and annual filings, if any, which are prepared for the Plan. If you have any questions regarding the Plan, you should review these available documents. The Plan Administrator may, but is not required to, adopt rules and regulations of uniform applicability in its interpretation and implementation of the Plan. The Plan Administrator may require each Eligible Associate to submit, in such form as it shall deem reasonable and acceptable, proof of any information which the Plan Administrator finds necessary or desirable for the proper administration of the Plan.
b. Exclusive Discretion
The Plan Administrator has full and complete discretionary authority to determine eligibility for benefits under the Plan and to construe and interpret the terms of the Plan. In making any decision or resolving any disputes, the Plan Administrator shall have full and complete discretionary authority to (i) construe and interpret the provisions of the Plan and to determine the right of any person to any interest in or eligibility for any benefit under the Plan, and (ii) make any and all factual determinations necessary to determine the right of any person to any interest in or eligibility for any benefit under the Plan; and, no person shall be entitled to any benefit or interest under this Plan if the Plan Administrator decides in its discretion that there is no entitlement to that benefit or interest. Decisions of the Plan Administrator shall be final, binding and conclusive upon all parties.
Section 8. Amendment or Termination
Cerner, acting through its Chief Executive Officer, Chief Financial Officer, Chief Legal Officer or Chief People Officer, has the right, in its nonfiduciary capacity, to amend the Plan or to terminate it at any time, prospectively or retroactively, for any reason or no reason, without notice, including discontinuing or eliminating benefits; provided, however, that no such amendment or termination shall affect the right to any unpaid benefit of any Eligible Associate whose termination date has occurred prior to such amendment or termination of the Plan and provided further that no amendment or termination shall occur with respect to the CIC Severance Benefits after the occurrence of a Change in Control. Accordingly, no Associate has a “legally binding right” (as that term is used in Treasury Regulations § 1.409A-1(b)(1)) to any benefit or amount pursuant to this Plan until, if at all, the first to occur of an Associate’s Non-CIC Severance or a Change in Control and only then is the Associate entitled to those Severance Benefits, if any, as are provided for in the Plan at such time.
Section 9. Claims and Appeal Procedure
a. Initial Claim
If benefits under this Plan become due, the Plan Administrator will notify you as to the amount of benefits you are entitled to, the duration of such benefit, the time the benefit is to commence and other pertinent information concerning your benefit. If you have been denied a benefit under the Plan, or if you feel that the benefit which has been given to you is not accurate, you may file a claim with the Plan Administrator. If a claim for benefit is denied by the Plan Administrator, the Plan Administrator shall provide you with written or electronic notification of any adverse benefit determination within ninety (90) days after receipt of the claim unless special circumstances require an extension of time for processing the claim. If such an extension of time for processing is required, written or electronic notice indicating the special circumstances and the date by which a final decision is expected to be rendered shall be furnished to you. In no event shall the period of extension exceed one hundred eighty (180) days after receipt of the claim. The notice of denial of the claim shall set forth:
		
	1.
	The specific reason or reasons for the adverse determination;

		
	2.
	Reference to the specific plan provisions on which the determination is based;

		
	3.
	A description of any additional material or information necessary for you to perfect the claim, and an explanation of why such material or information is necessary; and

		
	4.
	A description of the Plan's review procedures and the time limits applicable to such procedures, including a statement of your right to bring a civil action under ERISA section 502(a) following an adverse benefit determination on review.

You (or your duly authorized representative) may review pertinent documents and submit issues and comments in writing to the Plan Administrator. If you fail to appeal such action to the Plan Administrator in writing within the prescribed period of time described in the next section, the Plan Administrator's adverse determination shall be final, binding and conclusive.
b. Appeal
In the event of an adverse benefit determination, you may appeal the adverse determination by giving written notice to the Plan Administrator within sixty (60) days after receipt of the notice of adverse benefit determination. The Plan Administrator may hold a hearing or otherwise ascertain such facts as it deems necessary and shall render a decision which shall be binding upon both parties. The appeal procedure shall:
		
	1.
	Provide you at least 60 days following receipt of a notification of an adverse benefit determination within which to appeal the determination;

		
	2.
	Provide you the opportunity to submit written comments, documents, records, and other information relating to the claim for benefits;

		
	3.
	Provide that you shall be provided, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to your claim for benefits; and

		
	4.
	Provide for a review that takes into account all comments, documents, records, and other information submitted by you relating to the claim, without regard to whether such information was submitted or considered in the initial benefit determination.

The decision of the Plan Administrator shall be made within sixty (60) days after the receipt by the Plan Administrator of the notice of appeal, unless special circumstances require an extension of time for processing, in which case a decision of Cerner shall be rendered as soon as possible but not later than one hundred twenty (120) days after receipt of the request for review. If such an extension of time is required, written or electronic notice of the extension shall be furnished to you prior to the commencement of the extension. The decision of the Plan Administrator shall be provided in written or electronic form to you and shall include the following:
		
	1.
	The specific reason or reasons for the adverse determination;

		
	2.
	Reference to the specific plan provisions on which the benefit determination is based;

		
	3.
	A statement that you are entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to your claim for benefits. Whether a document, record, or other information is relevant to a claim for benefits shall be determined by reference to DOL Regulation Section 2560.503-1 (m)(8); and

		
	4.
	A statement describing any voluntary appeal procedures offered by the Plan and your right to obtain the information about such procedures, and a statement of your right to bring an action under ERISA section 502(a).

Section 10. Statement of ERISA Rights
The following statement is required by federal statute. Certain portions of this statement may not apply to your particular situation or to this Plan.
a. Information About This Plan and Your Benefits
If you become a participant in the Cerner Corporation Enhanced Severance Pay Plan you are entitled to certain rights and protections under the Employee Retirement Income Security Act of 1974 (ERISA). ERISA provides that all Plan participants shall be entitled to:
		
	•
	Examine, without charge, at the Plan Administrator's office and at other specified locations, the Plan documents and, if any, copies of all documents filed by the Plan with the U.S. Department of Labor, such as detailed annual reports and plan descriptions.

		
	•
	Obtain copies of all Plan documents and other plan information upon written request to the Plan Administrator. The Plan Administrator may make a reasonable charge for the copies.

		
	•
	Receive a summary of the Plan's annual financial report, if one is required to be prepared. The Plan Administrator is required by law to furnish each participant with a copy of this summary annual report if an annual report is required to be filed with the Department of Labor. 

b. Prudent Actions by Plan Fiduciaries
In addition to creating rights for plan participants, ERISA imposes duties upon the people who are responsible for the operation of the employee benefit plan. The people who operate your plan, called "fiduciaries" of the plan, have a duty to do so prudently and in the interest of you and other plan participants and beneficiaries. No one, including your employer or any other person, may fire you or otherwise discriminate against you in any way to prevent you from obtaining a welfare benefit or exercising your rights under ERISA.
c. Enforce Your Rights
If your claim for a Plan benefit is denied in whole or in part you must receive a written explanation of the reason for the denial. You have the right to have the Plan review and reconsider your claim. Under ERISA, there are steps you can take to enforce the above rights. For instance, if you request materials from the Plan and do not receive them within 30 days, you may file suit in a federal court. In such a case, the court may require the Plan Administrator to provide the materials and pay you up to $110 a day until you receive the materials, unless the materials were not sent because of reasons beyond the control of the Plan Administrator. If you have a claim for benefits which is denied or ignored, in whole or in part, you may file suit in a state or federal court. If it should happen that plan fiduciaries misuse the plan's money, or if you are discriminated against for asserting your rights, you may seek assistance from the U.S. Department of Labor, or you may file suit in a federal court. The court will decide who should pay court costs and legal fees. If you are successful the court may order the person you have sued to pay these costs and fees. If you lose, the court may order you to pay these costs and fees, for example, if it finds your claim is frivolous.
d. Assistance with Your Questions
If you have any questions about this Plan, you should contact the Plan Administrator. If you have any questions about this statement or about your rights under ERISA, you should contact the nearest office of the Employee Benefits and Security Administration, U.S. Department of Labor, listed in your telephone directory, or the Division of Technical Assistance and Inquiries, Employee Benefits and Security Administration, U.S. Department of Labor, 200 Constitution Avenue, N.W., Washington, D.C. 20210.
Section 11. Additional Information
a. Name and Address of Plan Sponsor and Plan Administrator
The name and address of the Plan Sponsor and the Plan Administrator is:

Cerner Corporation 
2800 Rockcreek Parkway 
North Kansas City, MO 64117 
EIN: 43-1196944 
Telephone: (816) 201-1024

b. Type of Administration
The Plan is administered by Cerner Corporation
c. Plan Number
The Plan number is 513
d. Plan Year
The Plan Year ends on December 31
e. Agent For Service of Legal Process
Service of legal process may be made upon the Plan Sponsor (which is also the Plan Administrator) at the above address.
f. Plan Costs
Plan costs are paid by Cerner. The Plan is funded out of Cerner's general assets.
g. Insurance
Benefits provided by this Plan are not insured by the Pension Benefit Guaranty Corporation under Title IV of ERISA because the insurance provisions under ERISA are not applicable to the Plan.

Section 12. Governing Law
This Plan is an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA and it shall be interpreted, administered, and enforced in accordance with that law. To the extent that state law is applicable, the statutes and common law of the State of Missouri, excluding any that mandate the use of another jurisdiction's laws, shall apply. Without limiting the generality of this Section 12, it is intended that the Plan comply with Section 409A of the Code, and, in the event that this Plan is determined to be a "deferred compensation plan" within the meaning of Section 409A(d)(1) of the Code, Cerner shall, as necessary, adopt such conforming amendments as are necessary to comply with Section 409A of the Code.
Section 13. Basis of Payments to and From the Plan
The Plan shall be unfunded, and all cash payments under the Plan shall be paid only from the general assets of Cerner
Section 14. Limitation on IRC Section 280G Parachute Payments
In the event that any Severance Benefit payment to be made under this Plan would cause an Eligible Associate to be liable for any excise tax under Code section 4999(a), the aggregate amount of such Severance Benefit shall be reduced by the minimal amount necessary such that the Eligible Associate is no longer subject to such excise tax. Any determination or calculation made by Cerner relating to this Section 14, including, but not limited to, any calculation of an Eligible Associate's "base amount" as defined in Code section 280G(b)(3), or an Eligible Associate's anticipated "parachute payment," as defined in Code section 280G(b)(2), shall be final, conclusive and binding on the Eligible Associate
Section 15. Construction
Where the context so indicates, the singular will include the plural and vice versa. Titles are provided herein for convenience only and are not to serve as a basis for interpretation or construction of the Plan. Unless the context clearly indicates to the contrary, a reference to a statute or document shall be construed as referring to any subsequently enacted, adopted, or executed counterpart.

Exhibit A
Severance Matrix Effective October 1, 2017
	
					
	Years of Service Role Level
	Less than 2 Years 
Severance Weeks
	>2, less than 5 Years
Severance Weeks
	>5, less than 10 Years
Severance Weeks
	>10 Years
Severance Weeks

	Executive Committee / Executive Officers[1] / EVP
	16
	24
	36
	52

	Senior Vice President
	13
	20
	30
	42

	Vice President
	10
	16
	24
	32

	Senior Director
	8
	14
	21
	28

	Director
	6
	12
	18
	24

	Levels[*] 2 and 3
	4
	8
	12
	16

	Levels[*] 4 and 5
	3
	6
	9
	12

	Levels[*] 6, 7 and 8
	2
	4
	6
	8

[1] "Executive officer" shall have the meaning ascribed to such term in Rule 3b-7 promulgated under the Securities Exchange Act of 1934, as amended, and shall include those persons designated as "executive officers" by the Cerner Corporation Board of Directors from time to time.
[*] Until this Exhibit A is otherwise amended, for the purpose of determining Severance Weeks under this Severance Matrix, the applicable level is the level the Associate held on October 1, 2017.

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