Document:

Share Purchase Agreement

 Exhibit 10.12 
 Execution version 
 Dated 

.........13....October 2010 
 SHARE PURCHASE AGREEMENT 
 relating to 

Luis Oliveira Sá – SGPS, S.A. 

  
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 Execution version 

 

 Table of Contents 

 

							
	1	  	Definitions and Interpretation	  	 	4	  
			
	2	  	Transfer of HoldCo Shares, Accessory Contributions and Shareholder Loans	  	 	13	  
			
	3	  	Purchase Price	  	 	13	  
			
	4	  	Conditions	  	 	16	  
			
	5	  	Pre-Closing Covenants	  	 	18	  
			
	6	  	Post-Closing Covenants	  	 	20	  
			
	7	  	Closing	  	 	21	  
			
	8	  	Representations and Warranties	  	 	23	  
			
	9	  	Taxation, Environmental and other Indemnities	  	 	34	  
			
	10	  	Limitation of Liability	  	 	35	  
			
	11	  	Claims	  	 	40	  
			
	12	  	Confidentiality	  	 	41	  
			
	13	  	Miscellaneous	  	 	42	  
			
	14	  	Dispute resolution and governing law	  	 	45	  
			
	15	  	Annexes	  	 	46	  
			
	16	  	Schedules	  	 	46	  

  
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 THIS SHARE PURCHASE AGREEMENT is made on ...13... October 2010 between the following
entities: 
  

	1.	FAMÍLIA OLIVEIRA SÁ, SGPS, S.A., a company organized and incorporated under the laws of Portugal, whose registered office is located at Rua
do Outeiro, 906, Maia, Porto, tax identification number and registered with the commercial registry of Maia under number 509 260 594, with a fully issued and paid-up share capital of € 50.000,00, hereinafter referred to as
“Seller”, 

 AND 
  

	2.	WRCA PORTUGAL SOCIEDADE UNIPESSOAL LDA, a company organized and incorporated under the laws of Portugal, whose registered office is located at Rua Sao
Joao de Brito, 605E, 1., 1.2, 4100-455, Ramalde, Porto and registered with the commercial registry of Porto under number 509 579 442, hereinafter referred to as “WireCo”, 

RECITALS 
  

	(A)	The Seller will be at Closing the sole shareholder of the Portuguese holding company “LUIS OLIVEIRA SÁ - SGPS, S.A.”
(“HoldCo”), whose registered office is located at Rua do Outeiro, 906, Maia, tax identification number and registered with the commercial registry of Maia under number 507 963 890, with a fully issued and paid-up share capital of
€ 62.500,00; 

  

	(B)	The share capital of HoldCo is divided into 62.500 nominative shares with a par value of €1.00 each, 80% of which are owned by the Seller and the remaining 20%
will be bought, on or prior to Closing, by the Seller from its current owner; 

  

	(C)	HoldCo owns, directly or indirectly: (a) 2.002.725 ordinary shares with a par value of € 5.00 each, representing 90,00% of the share capital and 100,00% of
the share voting capital of “Manuel Rodrigues de Oliveira Sá & Filhos, S.A.” (“COS”), tax identification number and registered with the commercial registry of Maia under number 500 180 547, with registered
office at Rua do Outeiro, 906, Maia, with a share capital of € 11.126.250,00, divided into 2.225.250 shares of € 5,00, each; (b) two quotas of € 80.000,00 and € 40.000,00, representing 100% of the fully issued and paid-up
capital of “Albino, Maia & Santos, Limitada” (“AMS”), tax identification number and registered with the commercial registry of Lisbon under number 500 013 918, with registered office at Rua dos Remolares, 28/38,
Lisbon, with a capital of € 120.000,00; (c) two quotas of € 149.600,00 and € 400,00, representing 100% of the fully issued and paid-up capital of “Cabos & Lingas – Sociedade Portuguesa de Comércio,
Limitada” (“C&L”), tax identification number and registered with the commercial registry of Loures under number 502 040 157, with registered office at Urbanização da Portela, Avenida da República, 1-1/A,
Portela, Loures, with a capital of € 150.000,00; (d) 3.000 shares representing 100% of the fully issued and paid-up share capital of “Oliveira Holland, B.V.” (“Oliveira Holland”), tax identification number
801949749B01 and registered with the commercial registry of Rotterdam under number 24241025, with registered office at Mandenmakerstraat 51, 3194 DA Hoogvliet, Rotterdam, with a issued and paid-up capital of € 1.361.340,65;

  
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	(D)	The remaining 222.525 shares of COS, representing 10,00% of its registered and fully paid-up share capital are held by COS itself; 

 

	(E)	A Letter of Intent to which the Seller, another entity and WireCo are parties was entered into on 23rd/28th June 2010, pursuant to which the parties agreed upon
the sale to WireCo of COS and its Subsidiaries, through the acquisition of HoldCo shares, together with the acquisition of the accessory contributions and shareholder loans. On or prior to Closing the Seller will have acquired all accessory
contributions and shareholder loans that it did not own as at the date of the Letter of Intent and as at this date; 

  

	(F)	HoldCo and its subsidiaries were subject to a due diligence exercise performed for the benefit of WireCo by itself and by KPMG, PLMJ and AMEC. 

The Parties agree as follows: 
  

	1	Definitions and Interpretation 

  

	1.1	Definitions 

  

	    	Capitalized terms used in this Agreement and not otherwise defined herein shall have the following meanings: 

 

	 	1.1.1	“Accessory Contributions” means the accessory contributions held by the Seller in HoldCo at Closing in the global amount of €
19.459.350,00; 

  

	 	1.1.2	 “Accounts Date” means December 31st, 2009; 

  

	 	1.1.3	“Accounting Principles” means the PGAAP (Portuguese Generally Accepted Accounting Principles); 

 

	 	1.1.4	“Affiliate” means 

  

	 	(i)	in respect of a body corporate, a person who owns: 

  

	 	(a)	more than 50%: (a) of the shares with voting rights; or (b) of the voting rights in such body corporate; and 

 

	 	(b)	any securities awarding voting rights, or of voting rights, including (without limitation) under any agreement or contractual arrangements, which grant: (a) the
right to, directly or indirectly, direct or cause the direction of the management and policies of such body corporate; or (b) the actual ability to “de facto” direct or cause the direction of the management and policies of such
body corporate; and 

  

	 	(c)	any subsidiary or parent company of that body corporate and any subsidiary of any such parent company, in each case from time to time; and 

 

	 	(ii)	any Affiliate of any person in the paragraph (i) above. 

  

	 	1.1.5	“Agreed Form” means, in relation to a document, the form of that document which has been initialled for the purpose of identification by or on behalf
of the Parties (in each case with such amendments as may be agreed by them on or on their behalf); 

  
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	 	1.1.6	“Agreement” means this Share Purchase Agreement, including all Schedules and instruments in amendment or confirmation of it; “hereof”,
“hereto”, “above”, “below”, “hereunder” and similar expressions mean and refer to this Agreement and not to any particular Clause or other subdivision; “Clause” or other subdivision of this Agreement
followed by a number mean and refer to the specified Clause or other subdivision of this Agreement; 

  

	 	1.1.7	“AMEC” means AMEC Earth & Environmental; 

  

	 	1.1.8	“AMS” means “Albino, Maia & Santos, Limitada”, tax identification number and registered with the commercial registry
of Lisbon under number 500 013 918, with registered office at Rua dos Remolares, 28/38, Lisbon with a capital of € 120.000,00; 

  

	 	1.1.9	“António Conde Claim” means a claim made by António Conde & Ca, S.A. (hereinafter “António Conde”)
in relation to allegedly defective wire rope supplied by COS, through which COS is being claimed an amount related not only to the wire rope itself but also other losses, amounting to a preliminary estimate of €100,000.00. COS has requested the
intervention of its insurance company in relation to this claim; 

  

	 	1.1.10	“Breaching Party” shall have the meaning ascribed in Clause 9.3.1 hereof; 

 

	 	1.1.11	“Business Day” means a day which is not a Saturday or a Sunday or a public holiday in Portugal and/or in the State of Missouri in the United States of
America or a day on which banking institutions in Oporto and/or Maia, Portugal, and/or in the State of Missouri in the United States of America are authorised to be closed; 

 

	 	1.1.12	“By-Laws” means the by-laws of the COS Group Companies (attached hereto as Annex no. 1.1.12); 

 

	 	1.1.13	“Category 1 Claim” means a Claim in relation the breach of any one or more of the Category 1 Warranties, the Fundamental Warranties and/or the Tax
Indemnity; 

  

	 	1.1.14	“Category 1 Warranties” means the Seller Warranties set out in Clauses 8.3.5, 8.3.6, 8.3.7, 8.3.8, 8.3.10, 8.3.11, 8.3.17, 8.3.18, 8.3.20 and 8.3.22 or
any one of them; 

  

	 	1.1.15	“C&L” means “Cabos & Lingas – Sociedade Portuguesa de Comércio, Limitada”, tax identification
number and registered with the commercial registry of Loures under number 502 040 157, with registered office at Urbanização da Portela, Avenida da República, 1-1/A, Portela, Loures, with a capital of € 150.000,00;

  

	 	1.1.16	“Claim” means any warranty, payment, guarantee or indemnification claim arising from this Agreement; 

 

	 	1.1.17	“Claim Notice” means a written notice sent by the non-Breaching Party to the Claimed Party specifying the nature of the claim or demand and the amount
or estimated amount (which estimate shall not be conclusive of the final amount of such claim and demand) in accordance with Clause 11; 

  
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 Execution version 

 

	 	1.1.18	“Claimed Party” shall have the meaning given in Clause 11.1 hereof; 

 

	 	1.1.19	“Claiming Party” shall have the meaning given in Clause 11.1 hereof; 

 

	 	1.1.20	“Closing” means, cumulatively, the valid and effective: 

  

	 	(a)	transfer of the HoldCo Shares, Accessory Contributions and Shareholder Loans to WireCo; and 

 

	 	(b)	payment by WireCo of the Purchase Price; 

  

	 	1.1.21	“Closing Date” means the date on which the Closing occurs; 

 

	 	1.1.22	“Closing Confirmation Notice” means the letter to be signed by the Seller and WireCo at Closing in the form set out in Schedule 7;

  

	 	1.1.23	“Competing Business” means a business that competes with any business carried on at any time during 12 (twelve) months preceding the Closing
Date by any of the COS Group Companies; 

  

	 	1.1.24	“Conditions Precedent” means the conditions precedent to the Closing, as set forth in Clause 4.1 of the Agreement; 

 

	 	1.1.25	“Control” shall have the meaning referred to in article 486 of the Portuguese Companies Code, which shall imply the ownership or holding, directly or
indirectly, in any company (the “subsidiary”) of: 

 a) more than 50%: (a) of the shares
with voting rights; or (b) of the voting rights in the subsidiary; or 
 b) any securities awarding voting rights, or of
voting rights, including (without limitation) under any agreement or contractual arrangements, which grant: (a) the right to, directly or indirectly, direct or cause the direction of the management and policies of a subsidiary; or (b) the
actual ability to “de facto” direct or cause the direction of the management and policies of a subsidiary. 
  

	 	1.1.26	“COS” means “Manuel Rodrigues de Oliveira Sá & Filhos, S.A.”, tax identification number and registered with the
commercial registry of Maia under number 500 180 547, with registered office at Rua do Outeiro, no 906, Maia, with a share capital of € 11.126.250,00 divided into 2.225.250 shares of € 5,00, each; 

 

	 	1.1.27	“COS Group Companies” means HoldCo, COS, AMS, C&L and Oliveira Holland; 

 

	 	1.1.28	“Deposit” shall have the meaning given to it in Clause 3.2.1; 

 

	 	1.1.29	“Deposit Escrow Account” means the bank account where the Deposit will be kept in escrow; 

 

	 	1.1.30	“Deposit Escrow Agent” means the deposit escrow agent to be agreed between the Parties in writing; 

  
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 Execution version 

 

	 	1.1.31	“Deposit Escrow Agreement” means the deposit escrow agreement in the Agreed Form set out in Schedule 4; 

 

	 	1.1.32	“Disclosure Letter” means the disclosure letter attached at Schedule 6 hereto; 

 

	 	1.1.33	“Due Diligence” means the legal, Tax, accounting, environmental, commercial, operational and financial due diligence performed by WireCo and its
advisors in respect of HoldCo and its Subsidiaries; 

  

	 	1.1.34	“Due Diligence Documents” means those documents provided to WireCo during Due Diligence which are included in folders initialled by the Parties for the
purpose of identification; 

  

	 	1.1.35	“EBITDA” means earnings before interest, tax, depreciation and amortisation; 

 

	 	1.1.36	“Employment Creation Payments” means an amount equal to any Tax reimbursement/Tax savings received by any of the COS Group Companies in immediately
available funds pertaining to Employment Creation (“Criação Líquida de Emprego”) in respect of the year 2010; 

  

	 	1.1.37	“Environment” means (i) all or any of the following media, namely air (including the air within buildings or other natural or man-made structures
above or below ground), water (including surface or ground water, water in pipes, drainage or sewerage systems) and/or land and (ii) any living organisms (including human beings) or systems supported by all or any of those media;

  

	 	1.1.38	“Environmental Consents” means any permit, licence, authorisation, approval, registration or consent required under or in relation to Environmental
Laws; 

  

	 	1.1.39	“Environmental Covenant” means the covenant relating to the Environment set out in Clause 9.2; 

 

	 	1.1.40	“Environmental Emergency” means any sudden, unforeseen event after the Closing Date that would be likely to result in significant harm to the
Environment; 

  

	 	1.1.41	“Environmental Indemnity” means the environmental covenant set out in Clause 9.2; 

 

	 	1.1.42	“Environmental Laws” means all or any European Union, national or local laws (including statute law, civil, criminal and administrative law),
together with all subordinate legislation, codes of practice, guidance notes, circulars, decisions, decrees, ordinances, regulations, orders, by-laws and judgments relating to Environmental Matters, together with any judicial or administrative
interpretation of each of the foregoing; 

  

	 	1.1.43	“Environmental Matters” means all or any matters relating to the pollution or protection of the Environment, the use, storage, handling or
disposal of Hazardous Substances, human health and safety (including health and safety of employees, occupiers and invitees, food safety and fire safety) and matters relating to the construction, demolition, alteration or use of buildings or land to
the extent that they relate to any of the foregoing; 

  
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	 	1.1.44	“Environmental Proceedings” means any criminal, civil, judicial, administrative or regulatory proceedings, suit or action under Environmental Law
against any COS Group Company in relation to any Site by or any governmental agency, court, tribunal or other regulatory body with jurisdiction under Environmental Law or any third party; 

 

	 	1.1.45	“Escrow Agent” means the escrow agent to be agreed in writing between the Parties. 

 

	 	1.1.46	“Escrow Agreement” means the escrow agreement in the Agreed Form set out in Schedule 2; 

 

	 	1.1.47	“Escrow Amount” shall have the meaning given to it in Clause 3.1.2(i); 

 

	 	1.1.48	“Escrow Bank Account” means the bank account in which the Escrow Amount is kept in escrow; 

 

	 	1.1.49	“Family Members” means Luís Malafaya Oliveira Sá, Maria Cristina Norton Lages Malafaya Sá Dias Duarte, Miguel Lages Malafaya
Oliveira Sá and Rodrigo Lages Malafaya Oliveira Sá; 

  

	 	1.1.50	“FAS” means Federal Anti-Monopoly Service in the Russian Federation; 

 

	 	1.1.51	“FAS Approval being obtained” means that the FAS shall have approved in writing the Transaction either unconditionally or on terms reasonably
satisfactory to the Parties in fulfilment of the condition precedent set out in clause 4.1.1(iii) and “FAS Non Approval” means confirmation from the FAS in writing that it does not approve the Transaction; 

 

	 	1.1.52	“Financial Statements” means the audited consolidated financial statements of HoldCo for the 12 (twelve) months period ended on the Accounts Date;

  

	 	1.1.53	“Fundamental Claim” means a Claim for breach of any one or more of the Fundamental Warranties; 

 

	 	1.1.54	“Fundamental Warranties” means the Seller Warranties set out in Clauses 8.3.1, 8.3.2, 8.3.3 and 8.3.4 and the undertaking given by the Seller in
Clause 5.5 or any one of them; 

  

	 	1.1.55	“Hazardous Substances” means any material or substance, including waste, which, alone or in combination with other substances, causes or may
cause harm or damage to the Environment or detriment to the health and safety of any person including, for the avoidance of doubt, asbestos or asbestos containing materials, energy, radiation, radioactive substances and electromagnetic fields;

  

	 	1.1.56	“HoldCo” means “LUIS OLIVEIRA SÁ - SGPS, S.A.”, whose registered office is located at Rua do Outeiro, 906, Maia, tax
identification number and registered with the commercial registry of Maia under number 507 963 890, with a fully issued and paid-up share capital of € 62.500,00; 

  
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	 	1.1.57	“HoldCo Shares” means the 62.500 nominative shares with a par value of €1.00 each representing 100% of the issued share capital of HoldCo;

  

	 	1.1.58	“Intellectual Property” means trademarks, service marks, trade names, domain names, logos, get-up, patents, inventions, registered and unregistered
design rights, copyrights, database rights and all other similar rights in any part of the world (including know-how) including, where such rights are obtained or enhanced by registration, any registration of such rights and applications and rights
to apply for such registrations; 

  

	 	1.1.59	“Interim Period” means the period from the date of this Agreement until the Closing Date; 

 

	 	1.1.60	“Key Managers” means Maria Cristina Norton Lages Malafaya Sá Dias Duarte, Miguel Lages Malafaya Oliveira Sá, Rodrigo Lages Malafaya
Oliveira Sá and José Luís da Silva Fonseca; 

  

	 	1.1.61	“KPMG” means KPMG LLP, 345 Park Avenue, New York, NY 10154 USA; 

 

	 	1.1.62	“Leakage” means 

  

	 	(a)	in each case to, on behalf of, or for the benefit of the Seller or its shareholders, the Family Members or José Luís da Silva Fonseca or to any party to
the Letter of Intent or any of its Affiliates: 

  

	 	(I)	any dividend or distribution (whether in cash or in kind) declared, paid or made by any COS Group Company; 

 

	 	(II)	any management, service or other charges or fees paid by any COS Group Company; 

 

	 	(III)	any return of capital (whether by reduction of capital or redemption or purchase of shares or otherwise) by any COS Group Company or any amount payable on the
repurchase, repayment, redemption, reduction or cancellation of any share capital, loan capital or other securities of a COS Group Company; 

  

	 	(IV)	any waiver, deferral or release by any COS Group Company of any amount or obligation owed or due to such COS Group Company; 

 

	 	(V)	any payment of interest or principal in respect of any indebtedness owed by any COS Group Company; 

 

	 	(VI)	any transaction other than on arm’s length third party terms; 

  

	 	(VII)	any payment of any costs, bonuses or other sums by any COS Group Company; 

  

	 	(VIII)	any assumption or discharge of any liability (including in relation to any recharging of costs of any kind) by any COS Group Company; 

  
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	 	(IX)	any guarantee, indemnity or security provided by any COS Group Company in respect of the obligations or liabilities of the Seller or any of its Affiliates;

  

	 	(X)	any other payments made (whether in cash or kind) or benefits conferred by any COS Group Company; and 

 

	 	(b)	any payments made, or liabilities incurred, by any COS Group Company to any third party outside the ordinary course of business or relating to the Transaction
(including any transaction or retention bonuses for management or advisers’ fees payable in connection with the Transaction), 

  

	 	    	but does not include Permitted Leakage. 

  

	 	1.1.63	“Letter of Intent” means the letter of intent dated 23/28 June 2010 between the Seller, WireCo and an entity which was a shareholder of Holdco as
at such date; 

  

	 	1.1.64	“Liens or Encumbrances” means any mortgage, lien, usufruct, charge, pledge, encumbrance, claim, right of pre-emption, option, right of first refusal,
right to acquire or convert, or other security interests, defects of title or restriction of any kind, including, without limitation, any restriction on the voting, transfer or dividend distribution or other attributes of ownership or rights of
set-off, and other encumbrances of any kind; 

  

	 	1.1.65	“Long Stop Date” means December 20, 2010; 

  

	 	1.1.66	“Losses” means all losses, liabilities, Tax, costs, charges, expenses, actions, proceedings, claims and demands; 

 

	 	1.1.67	“Management Accounts” means the management accounts of each COS Group Company for the twelve-month periods ending on 31 December 2008 and
31 December 2009 and for the period from 31 December 2009 to 31 August 2010 which were provided to WireCo on or about the date hereof; 

  

	 	1.1.68	“Minimum Basket Amount” shall have the meaning given in Clause 10.3.1; 

 

	 	1.1.69	“Net Financial Debt” means the consolidated indebtedness of COS Group Companies in respect of the following: 

 

	 	(a)	amounts borrowed from and debit balances at financial institutions; 

  

	 	(b)	any bond, note, debenture, shareholder’s loan or other similar instrument; 

 

	 	(c)	pension obligations assumed; 

  

	 	(d)	any agreement treated as a finance or capital lease; 

  

	 	(e)	accrued interests over the above mentioned in a), b) and d) amounts borrowed; 

 

	 	(f)	accrued corporate income taxes net of payments on account of corporate income tax and corporate income tax withheld; 

and deducted by: 

  
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	 	(g)	bank deposits, whether short term or long term; 

  

	 	(h)	cash on hand, including amounts (cheques and others) received from clients but still pending deposit in bank accounts; 

 

	 	(i)	treasury applications; and 

  

	 	(j)	amounts loaned to third parties. 

  

	 	1.1.70	“Oliveira Holland” means “Oliveira Holland, B.V.”, tax identification number 801949749B01 and registered with the commercial registry
of Rotterdam under number 24241025, with registered office at Mandenmakerstraat 51, 3194 DA Hoogvliet, Rotterdam, with a issued and paid-up capital of € 1.361.340,65; 

 

	 	1.1.71	“Permitted Assignee” means any Affiliate(s) of WireCo and also, after Closing, any third party or third parties which is an Affiliate of the legal and
or beneficial owner from time to time of any or all of the HoldCo Shares; 

  

	 	1.1.72	“Permitted Leakage” means the payment of salaries, bonuses and other payments as required by their relevant employment agreements to be made by HoldCo
or any other COS Group Company to the Family Members or to José Luís da Silva Fonseca, the relevant details of which are set out in Schedule 1; 

 

	 	1.1.73	“Pfeiffer Claim” means a claim made by Pfeifer Seil - Und Hebetecnhik Gmbh (hereinafter “Pfeifer”) in relation to allegedly malfunctioning
wire ropes supplied by COS during the years 2008 and 2009. Concerning such claim, COS has paid expenses amounting to €90,859.00 (both in relation to payments made to Pfeifer and other expenses borne, amounting to €82,723.00 and
€8,136.00, respectively) and subsequently claimed such amount to its insurance company under its product liability insurance policy; 

  

	 	1.1.74	“PLMJ” means - A. M. Pereira, Sáragga Leal, Oliveira Martins, Júdice e Associados, Sociedade de Advogados, RL, Rua São
João de Brito, 605E, 1o, 1.2, 4100-455 Porto; 

  

	 	1.1.75	“Premier Wire Rope Arrangement Description” means the written description delivered to WireCo on the date hereof, containing a full description of the
arrangements between the COS Group Companies and Premier Wire Rope, the details of which are set out in Annex 1 to the Disclosure Letter; 

  

	 	1.1.76	“Protected Territories” means South America, the European Union, the Commonwealth of Independent States, Georgia, China, Philippines, Indonesia,
India, Malaysia, Angola, Mozambique, Nigeria, South Africa, Democratic Republic of the Congo, Uganda, Sudan, Morocco, Algeria, Libya, Egypt and Western Sahara; 

 

	 	1.1.77	“Purchase Price” has the meaning given in Clause 3.1.1; 

  

	 	1.1.78	“Related Parties” means any person that is under the Control of any of the Parties; 

 

	 	1.1.79	“Seller Warranties” means the representations and warranties given by the Seller pursuant to Clause 8 and “Seller Warranty”
means any one of them; 

  
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	 	1.1.80	“Shareholder Loans” means shareholder contributions executed by the Seller in HoldCo in the global amount of € 328.907,50;

  

	 	1.1.81	“SIFIDE Payments” means an amount equal to any Tax reimbursements/ Tax savings received by any of the COS Group Companies in immediately available
funds as a result of the use of R&D Tax credit (SIFIDE) in respect of the years 2007, 2009 and 2010; 

  

	 	1.1.82	“Site” means any real property currently or formerly owned, leased, occupied or used by any COS Group Company; 

 

	 	1.1.83	“Subsidiaries” means any company at each time as from the Closing Date directly or indirectly under Control of HoldCo: 

 

	 	1.1.84	“Supporting Financial Information” means the trial balances and other financial information provided to WireCo on or about the date hereof which is
identified as such by the Parties in writing; 

  

	 	1.1.85	“Tax” or “Taxation” means all forms of taxation whether direct or indirect and whether levied by reference to income, profits, gains,
net wealth, asset values, turnover, added value or other reference and statutory, governmental, state, local governmental or municipal impositions, duties, contributions, rates and levies (including without limitation social security contributions
and any other payroll taxes), whenever and wherever imposed (whether imposed by way of a withholding or deduction for or on account of tax or otherwise) and in respect of any person and all penalties, charges, costs and interest relating thereto;

  

	 	1.1.86	“Tax Indemnity” means the Tax indemnity provided by the Seller pursuant to Clause 9.1; 

 

	 	1.1.87	“Tax Warranties” means the Seller Warranties set out in Clause 8.3.10 or any one of them; 

 

	 	1.1.88	“Third Party Claim” means any claim, demand or proceeding asserted or instituted by any party other than the Parties and their Related Parties which
could give rise Losses for which the Breaching Party would be liable to the non-Breaching Party; 

  

	 	1.1.89	“Transaction” means the sale and acquisition of HoldCo Shares; 

 

	 	1.1.90	“Warranties” means all of the Seller Warranties and the WireCo Warranties; and 

 

	 	1.1.91	“WireCo Warranties” means the representations and warranties given by WireCo pursuant to Clause 8 and “WireCo Warranty” means
any one of them. 

  

	1.2	Interpretation 

  

	 	1.2.1	Clauses, Annexes, Schedules etc. 

  

	 	    	References to this Agreement include any Recitals, Annexes and Schedules to it and references to Clauses, Annexes and Schedules are to Clauses of and Annexes and
Schedules to this Agreement. 

  
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	 	1.2.2	Headings 

  

	 	    	Headings shall be ignored in construing this Agreement. 

  

	 	1.2.3	Days 

  

	 	    	References in this Agreement to days are references to calendar days except if expressly mentioned that they are Business Days. 

 

	 	1.2.4	Parties 

  

	 	    	References in this Agreement to Parties or Party are exclusive references to the Seller and/or WireCo, as appropriate. 

 

	2	Transfer of HoldCo Shares, Accessory Contributions and Shareholder Loans 

 

	2.1	Agreement to sell and purchase the HoldCo Shares, Accessory Contributions and Shareholder Loans 

 

	 	2.1.1	At Closing, pursuant and subject to the terms and conditions hereof (including, without limitation, Clause 2.1.4) and relying upon the representations and warranties
set forth herein, the Seller shall sell and transfer to WireCo and WireCo undertakes to purchase, or procure any Permitted Assignee to purchase, from the Seller the HoldCo Shares, the Accessory Contributions and the Shareholder Loans.

  

	 	2.1.2	The Seller shall, and shall procure that HoldCo will, take all necessary steps prior to or at Closing in order to ensure the enforceability of the provision set forth
in Clause 2.1.1 above, notably with regard to any resolution from the Seller or HoldCo or other action required to be taken to validly effect the transfer of the HoldCo Shares, the Accessory Contributions and the Shareholder Loans from the Seller to
WireCo on the terms and conditions hereof (including, without limitation, Clause 2.1.4). 

  

	 	2.1.3	WireCo shall ensure that all necessary resolutions are passed or other actions as may be required so that it or its Permitted Assignee validly purchases the HoldCo
Shares, the Accessory Contributions and the Shareholder Loans. 

  

	 	2.1.4	The HoldCo Shares, the Accessory Contributions and the Shareholder Loans will be sold free and clear from any Liens or Encumbrances, together with all rights and
obligations appurtenant thereto as at Closing. 

  

	 	2.1.5	The transfer to WireCo of the HoldCo Shares, the Accessory Contributions and the Shareholder Loans shall be executed through the signature by each of the Parties
of a share, accessory contributions and shareholder loans purchase and sale agreement in the form of the draft attached herein as Schedule 3. 

  

	3	Purchase Price 

  

	3.1	Purchase Price and payment of the Purchase Price at Closing 

  

	 	3.1.1	The aggregate price for the Holdco Shares, the Accessory Contributions and the Shareholder Loans (the “Purchase Price”) shall be:

  

	 	(i)	EUR 59,148,000 (fifty nine million, one hundred and forty eight thousand Euros) plus 

 

	 	(ii)	an amount equal to EUR 5,186,000 (five million, one hundred and eighty six thousand Euros); plus 

  
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	 	(iii)	an amount equal to EUR 23,850 (twenty three thousand, eight hundred and fifty Euros) multiplied by the number of days between 31 August 2010 and the Closing Date.

  

	 	    	The Purchase Price shall be apportioned to the Accessory Contributions and Shareholder Loans at their respective nominal value as at the Closing Date, with the balance
to be apportioned to the HoldCo Shares. 

  

	 	3.1.2	At Closing, WireCo shall pay to the Seller and to the Escrow Bank Account an amount equal to the Purchase Price less the Deposit in accordance with the following:

  

	 	(i)	EUR 10 million (the “Escrow Amount”) shall be paid to the Escrow Bank Account to be held on the terms and conditions of the Escrow Agreement in
the Agreed Form set out in Schedule 2; 

  

	 	(ii)	the remainder shall be paid to the Seller at Barclays Bank account number 206002830, NIB 003205480020600283018, IBAN PT50 003205480020600283018, SWIFT Code BARCPTPL,

  

	 	    	and WireCo shall sign a Closing Confirmation Notice authorising the Deposit Escrow Agent to release the Deposit Escrow Amount to the Seller in the form of the draft
attached herein as Schedule 7. 

  

	 	3.1.3	Subject to any adjustments pursuant to Clause 3.3 below, the Purchase Price shall be adopted for all Tax reporting purposes. 

 

	3.2	Payment of Deposit 

  

	 	3.2.1	Together with the signature of this Agreement, WireCo has paid to the Deposit Escrow Account the amount of € 3.000.000,00 (three million Euros) (the
“Deposit”), to be held on the terms and conditions of a Deposit Escrow Agreement in the Agreed Form set out in Schedule 4. 

  

	 	3.2.2	If the FAS Approval has not been obtained prior to the Long Stop Date and Closing does not take place on or prior to the Long Stop Date pursuant to Clause 7.1.1, if:

  

	 	(i)	the failure to obtain FAS Approval on or prior to the Long Stop Date is due (in whole or in part) to any failure of the Seller to comply promptly with its obligations
under Clause 7.1.2, the Deposit shall be released from the Deposit Escrow Account to WireCo immediately after the Long Stop Date in accordance with the terms of the Deposit Escrow Agreement and the Seller shall have no right to take any action under
this Agreement against WireCo (including but not limited to any claim for damages); or 

  

	 	(ii)	the failure to obtain FAS Approval on or prior to the Long Stop Date is not (in whole or in part) due to any failure of the Seller to comply promptly with its
obligations under Clause 7.1.2, the Deposit shall be released from the Deposit Escrow Account to the Seller immediately after the Long Stop Date in accordance with the terms of the Deposit Escrow Agreement. 

 

	 	3.2.3	If on or before the Long Stop Date: 

  

	 	(i)	 WireCo fails to materially comply with any obligation set out in Clause 7.2.2, 7.2.3 and 7.2.4 to the extent such obligation has not been waived in
accordance to the terms of this Agreement by the Seller then, without 

  
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prejudice to any of the accrued rights and remedies available to the Seller (including the right to terminate this Agreement and to claim damages), the Deposit shall be released from the Deposit
Escrow Account to the Seller in accordance with the terms of the Deposit Escrow Agreement; or 

  

	 	(ii)	the Seller fails materially to comply with any obligation set out in Clause 7.2.1 to the extent such obligation has not been waived in writing in accordance to the
terms of this Agreement by WireCo then, without prejudice to any of the accrued rights and remedies available to WireCo (including the right to terminate this Agreement and to claim damages), the Deposit shall be released from the Deposit Escrow
Account to WireCo in accordance with the terms of the Deposit Escrow Agreement. 

  

	 	3.2.4	For the purposes of Clause 3.2.2(i) and 7.1.2 the Seller shall provide the information requested by WireCo in sufficient time as to allow WireCo to comply with any
deadline given by FAS for the provision of such information, provided that the Seller shall always have no less than 2 days to comply with any request for information by WireCo made under Clause 7.1.2 unless the request is delivered by WireCo to the
Seller on a Friday, Saturday or Sunday in which case the Seller shall have no less that 3 days to respond. 

  

	3.3	Pre-Closing or Post-Closing Adjustments of the Purchase Price 

  

	 	3.3.1	SIFIDE Payments and Employment Creation Payments 

  

	 	    	WireCo shall pay, or shall procure that an amount is paid to the Seller which is equal to any SIFIDE Payments and Employment Creation Payment, net of any costs borne by
WireCo (and any of its Affiliates) or any of the COS Group Companies (including but not limited to professional and advisory fees whether nor not paid on, prior to or after Closing, except for those that were paid prior to 31 August 2010 and
are taken into account in the Management Accounts) in obtaining such Tax credit within 30 (thirty) Days of receipt of the relevant payment by the relevant COS Group Company. Any such payment shall be considered as a Pre-Closing or Post-Closing
adjustment to the Purchase Price, as the case may be. The fact that the COS Group Companies do not have taxable income during the relevant period in which the Tax saving is being obtained does not affect the right of the Seller to such adjustment to
the Purchase Price, being deemed that an accounting period has ended on Closing Date. 

  

	 	3.3.2	Claims and indemnities 

  

	 	    	If Closing has occurred and any payment is made by WireCo to the Seller or by the Seller to WireCo in respect of any Claim for any breach of this Agreement or pursuant
to an indemnity under this Agreement, the payment shall be considered as an Post-Closing adjustment to the Purchase Price paid by WireCo to the Seller for the HoldCo Shares, Accessory Contributions and Shareholder Loans under this Agreement and the
Purchase Price shall be deemed to have been reduced or increased, as applicable, by the amount of such payment. 

  

	 	3.3.3	Interest rate swaps 

  

	 	    	 The amount in clause 3.1.1(ii) was agreed between the Parties taking into consideration a mark-to-market value of €313,000 in relation to two
interest rate swaps held by COS (from which were deducted the related corporate income tax 

  
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amounting to €91,000). At least 3 (three) Business Days prior to Closing, the Seller will procure the termination of such interest rate swaps and the amount included in Clause 3.1.1(ii) will
be adjusted by deducting the actual expenses paid by COS in settling the two interest rate swap agreements. Any such adjustment shall be considered as a Pre-Closing adjustment to the Purchase Price. 

 

	 	3.3.4	Fair exhibition costs 

  

	 	    	COS has entered into an agreement with Associação Selectiva Moda, pursuant to which this entity applied for an internationalization subsidy designed to
support expenses related with fair exhibitions participation. Following this agreement, if COS receives any reimbursement of part of the expenses paid by COS in connection with its participation in such fair exhibitions provided that such expenses
were paid prior to 31 August 2010 and are taken into account in the Management Accounts, WireCo shall pay, or shall procure that an amount equal to such reimbursements is paid to the Seller within 30 (thirty) Days of receipt of the relevant
payment provided that the maximum of all amounts payable under this clause is €25,000. Any such payment shall be considered as a pre-Closing or a Post-Closing adjustment to the Purchase Price as the case may be. 

 

	 	3.3.5	Insurance payments to COS 

  

	 	    	If any payment is made to COS by an insurance company and such payment is related to the Pfeiffer Claim presented by COS prior to Closing, an amount equal to any
payment made by any of the COS Group Companies prior to Closing in relation to the Pfeiffer Claim, net of any amount to be paid by COS to any its customers or any third party in relation to the respective insurance claim and net of any reasonable
costs incurred in obtaining such payments, shall be paid by WireCo to the Seller within the 30 (thirty) days following the such payment to COS by an insurance company. Any such payment shall be considered as a Pre-Closing or Post-Closing adjustment
to the Purchase Price whether it occurs prior or after Closing. 

  

	4	Conditions 

  

	4.1	Conditions Precedent 

  

	    	The agreement to sell and purchase the HoldCo Shares, as set out in Clause 2.1 above, is conditional upon the satisfaction of the following conditions at or prior to
Closing (the “Conditions Precedent”): 

  

	 	4.1.1	Conditions to obligations of WireCo 

  

	 	    	The obligation of WireCo to complete the Transaction contemplated herein shall be subject to the fulfilment (by the Seller in the cases of sub-clauses 4.1.1(i) and
4.1.1(ii)) and by WireCo in the case of sub-clause 4.1.1(iii)) or waiver in writing (in accordance with the terms of this Agreement) by WireCo, at or prior to Closing of the following conditions, which are provided in the interest of WireCo:

  

	 	(i)	Representations and Warranties: 

  

	 	    	The Seller declares that the representations and warranties made by the Seller in this Agreement are true and correct in all material respects as at the date of this
Agreement and the Seller shall repeat such declaration at Closing that those representations and warranties are true and correct in all material respects at the Closing Date. 

  
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	 	(ii)	Performance: 

  

	 	    	The Seller shall have performed and complied in all material respects with all covenants, agreements and undertakings required by this Agreement to be performed, or
complied with, by the Seller at or prior to Closing, including, but not limited to, the fulfilment of the relevant Closing events set forth in Clause 7.2.1 below. 

 

	 	(iii)	FAS Approval: 

  

	 	    	The FAS shall have approved in writing the Transaction. 

  

	 	4.1.2	Conditions to obligations of the Seller 

  

	 	    	The obligations of the Seller to complete the Transaction contemplated herein shall be subject to the fulfilment by WireCo, or waiver (in accordance with the terms of
this Agreement) by the Seller, at or prior to Closing of the following conditions, which are provided in the interest of the Seller: 

  

	 	(i)	Representations and Warranties: 

  

	 	    	WireCo declares that the representations and warranties made by WireCo in this Agreement are true and correct in all material respects as at the date of this Agreement
and WireCo shall repeat such declaration at Closing that those representations and warranties are true and correct in all material respects at the Closing Date. 

 

	 	(ii)	Performance: 

  

	 	    	WireCo shall have performed and complied in all material respects with all covenants, agreements and undertakings required by this Agreement to be performed, or
complied with, by WireCo at or prior to the Closing, including, but not limited to, the fulfilment of the relevant Closing events set forth in Clauses 7.2.2, 7.2.3 and 7.2.4 below. 

 

	4.2	Responsibility for Satisfaction 

  

	 	4.2.1	The Seller shall use its best endeavours to ensure the satisfaction of the conditions set out in Clause 4.1.1 (i) and (ii) and WireCo shall use its
best endeavours to ensure the satisfaction of the conditions set forth in Clause 4.1.1(iii) and Clause 4.1.2. 

  

	4.3	Satisfaction/Waiver 

  

	 	4.3.1	The Seller may at any time waive in whole or in part the conditions set out in Clause 4.1.2 above, by notice in writing to WireCo. 

 

	 	4.3.2	WireCo may at any time waive in whole or in part the conditions set out in Clause 4.1.1 above, by notice in writing to the Seller. 

 

	4.4	 If a declaration is made by the Seller under Clause 4.1.1(i) and WireCo is aware that the representations and warranties made by the Seller on
the date of this Agreement were not true in all material respects as at the date of this Agreement and/or are not true and correct in all material respects as at the proposed Closing Date, WireCo shall deliver to the Seller

  
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a written notice confirming its objection to the declaration(s) made and shall attach reasonable supporting evidence for such objection(s) and the Condition Precedent in Clause 4.1.1(i) shall not
be fulfilled and WireCo shall not be obliged to comply with any of its obligations under Clauses 7.2.2, 7.2.3 and 7.2.4 and Closing shall not occur. 

  

	4.5	If a declaration is made by WireCo under Clause 4.1.2(i) and the Seller is aware that the representations and warranties made by WireCo on the date of this
Agreement were not true in all material respects as at the date of this Agreement and/or are not true and correct in all material respects as at the proposed Closing Date, the Seller shall deliver to WireCo a written notice confirming its objection
to the declaration(s) made and shall attach reasonable supporting evidence for such objection(s) and the Condition Precedent in Clause 4.1.2(i) shall not be fulfilled and the Seller shall not be obliged to comply with any of its obligations under
Clauses 7.2.1 and Closing shall not occur. 

  

	5	Pre-Closing Covenants 

  

	5.1	Information 

  

	    	The Parties covenant and agree that during the Interim Period, each of them shall promptly upon the occurrence of, or promptly upon becoming aware of the impending or
threatened occurrence of, any event which: 

  

	 	(i)	would cause or constitute a breach of any of its representations and warranties contained in or referred to in this Agreement; or 

 

	 	(ii)	would constitute non-compliance with the performance and compliance in all materially relevant respects with the covenants, agreements and undertakings required by this
Agreement, 

  

	    	the Seller or WireCo shall give reasonably detailed written notice thereof to the other Party and shall use its best efforts to prevent or promptly remedy the same.

  

	5.2	Standstill 

  

	    	The Seller hereby undertakes to procure that each of the COS Group Companies, during the Interim Period, shall carry on its business as a going concern in the ordinary
and usual course as each such entity has carried on its business in the twelve months prior to the date of this Agreement, and without prejudice to the foregoing shall comply with the provisions of Schedule 5. 

 

	5.3	No assignment 

  

	    	The Seller will not at any time during the Interim Period assign, transfer or otherwise create in favour of any other party any right, interest or Liens or Encumbrances
over the HoldCo Shares, the Accessory Contributions and the Shareholder Loans. 

  

	5.4	Press Releases 

  

	 	5.4.1	 Each of the Parties acknowledge and agree that it shall use all reasonable efforts to consult with each other on the form and substance of the
public announcement pertaining to this Agreement and the implementation of the Transaction to be released by WireCo (and by the Seller if it so wishes) on or about the date of this Agreement. To the extent possible, each Party shall use reasonable
efforts to accommodate the other Party’s comments on any such public announcements. Each of the Parties further agree that it shall use all reasonable efforts to agree the

  
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form and substance of the public announcement pertaining to this Agreement and implementation of the Transaction to be released by WireCo at Closing. The Parties shall use their best efforts to
assure compliance with this Clause by each of their respective subsidiaries. 

  

	 	5.4.2	Following Closing, the Seller shall not, and shall procure that its Affiliates shall not, make any public announcement or issue any circular in connection with
the existence or the subject matter of this Agreement without the prior written approval of WireCo (such approval not to be unreasonably withheld or delayed). WireCo and its Affiliates following the Closing shall be entitled to make public
announcements from time to time but such public announcements shall not include commercial specificities of this Agreement other than details that WireCo is required to disclose by law or regulation or is required to disclose to its bondholders
under the terms of the US$275 million 9.5% Senior Notes due 2017 issued by WireCo or any bond or security issued by WireCo or its Affiliates after the date of this Agreement. 

 

	 	5.4.3	Each of the Parties and their Affiliates following the signing of this Agreement shall be entitled to make private communication of the existence of this
Agreement to their suppliers, agents, distributors and clients provided that the Parties will co-operate and consult with each other in relation to any such private communication with suppliers, agents, distributors or clients.

  

	 	5.4.4	The restrictions on the Seller and its Affiliates in this clause 5.4 shall not apply to the extent that the public announcement or circular is required by law.

  

	 	5.4.5	The public announcements must always comply with the confidentiality obligations set in clause 12.2. 

 

	5.5	No Leakage 

  

	 	5.5.1	The Seller undertakes to WireCo that since the Accounts Date: 

  

	 	(i)	there has not been any Leakage and there will not be any Leakage in the Interim Period; and 

 

	 	(ii)	no arrangement or agreement has been made or will be made that will result in any Leakage or any payment or benefit as referred to in sub-paragraph (iii) below;
and 

  

	 	(iii)	no relation of any Family Member or of Jose Luis da Silva Fonseca and no company in which any Family Member or Jose Luis da Silva Fonseca or their relations is
interested (as a director or shareholder or otherwise) or any trust of which any of them is a beneficiary has received or will receive prior to Closing any payment or benefit from a COS Group Company which would be Leakage if received by a Family
Member. 

  

	 	5.5.2	The Seller undertakes to WireCo: 

  

	 	(i)	that if there is a breach by it or any of its Affiliates of any of the undertaking set out in this Clause 5.5, it shall pay or procure payment in cash to WireCo of a
sum equal to the aggregate of: (i) the amount of the Leakage; and (ii) all costs, Losses, liabilities or expenses suffered or incurred by WireCo or any of its Affiliates (including any COS Group Companies) in connection with the breach;
and 

  
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	 	(ii)	to notify WireCo in writing promptly after becoming aware of anything which would constitute a breach by it or any of its Affiliates of any of the undertakings set out
in this Clause 5.5. 

  

	 	5.5.3	It is agreed that none of the limitations of liability set out in Clause 10 shall apply to any claim to indemnification under this Clause 5.5.

  

	6	Post-Closing Covenants 

  

	6.1	Neither the Seller nor any of its Affiliates shall (whether alone or jointly with another or directly or indirectly) carry on or be engaged or concerned or
interested economically or otherwise in any manner in any Competing Business in the Protected Territories for three years after the Closing Date, provided that nothing in this Clause 6.1 shall prevent the Seller from: 

 

	 	6.1.1	owning purely for financial investment purposes securities in any company provided that they do not exceed 5 per cent. in nominal value of the securities in
that company (or any class of securities); or 

  

	 	6.1.2	acquiring in a single transaction or a series of related transactions any one or more companies and/or businesses (taken together, the “Acquired
Business”) and carrying on or being engaged in the Acquired Business although its activities include a Competing Business (the “Acquired Competing Business”) if: 

 

	 	(i)	the Acquired Competing Business represents not more than 10 per cent. of the Acquired Business (measured in terms of turnover in its last accounting year); and

  

	 	(ii)	the turnover of the Acquired Competing Business in its last accounting year did not exceed the greater of 10 per cent. of the COS Group Companies’ existing
sales and €4 million; or 

  

	 	6.1.3	performing its obligations under this Agreement and/or any other agreement which it may enter into with an Affiliate of WireCo. 

 

	6.2	Neither the Seller nor any of its Affiliates shall (whether alone, jointly with another, directly or indirectly) for 2 years after Closing, offer to employ or
seek to entice away from the COS Group Companies or conclude any contract for services with, any person who was employed by any of the COS Group Companies or was a distributor, agent or representative of any of the COS Group Companies at any time
during the 12 months ending on the Closing Date (other than the Key Managers that shall not continue working for COS Group Companies after Closing and any other person whose employment or engagement as a distributor, agent or representative has been
terminated by the relevant COS Group Company). 

  

	6.3	Neither the Seller nor any of its Affiliates shall (whether alone, jointly with another, directly or indirectly) for 2 years after Closing contact or conduct
business with any person who was a customer or supplier of any of the COS Group Companies at any time during the 12 months preceding the Closing Date. 

  

	6.4	 Neither the Seller nor any of its Affiliates shall (whether alone, jointly with another, directly or indirectly), at any time from one month
after Closing, use or display any trademark, business name or mark, domain name or any website containing (i) the word(s) “Oliveira” (except where use of such name is due to the fact that “Oliveira Sá” is the current

  
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corporate name of the Seller, which will not be changed, or is a family name of any of the Seller’s shareholders) or (ii) any business or trade name used exclusively by the COS Group
Companies at the Closing Date or (iii) any other word(s) closely resembling any such word(s) or business or trade name. Nothing in this Clause 6.4 restricts the Seller, its shareholders or its Affiliates from using the name “Luís
Oliveira Sá”. 

  

	6.5	The Seller agrees to provide assistance to WireCo (including responding as promptly as possible to requests for information and copies of documents it may have
or have access to) in relation to any matters relating to the conduct of the business of the COS Group Companies in the period prior to the Closing Date including for the purposes of WireCo or any of its Affiliates complying with its accounting
reporting obligations or corresponding with any governmental or Tax authority. 

  

	7	Closing 

  

	7.1	Closing Date 

  

	 	7.1.1	The Closing shall take place at 2 pm at Maia, Rua do Outeiro, 906, or such other location as may be agreed in writing between the Parties, on the earliest of the
following dates (the “Closing Date”): 

  

	 	(i)	5 (five) Business Days following the FAS Approval having been obtained; or 

 

	 	(ii)	the Long Stop Date, 

 in each
case provided that all conditions precedent in Clauses 4.1.1 and 4.1.2 have been fulfilled or waived in writing in accordance with the terms of this Agreement. 
  

	 	7.1.2	If reasonably requested by WireCo, the Seller shall, and shall procure each COS Group Company shall, provide as promptly as reasonably practicable all reasonable
assistance, cooperation and information necessary to complete the application for merger control approval from the FAS and to address any request for information from the FAS in connection therewith until the Long Stop Date. As set out in Clause
3.2.4 the Seller shall provide the information requested by WireCo in sufficient time as to allow WireCo to comply with any deadline given by FAS for such information requested, provided that the Seller shall always have no less than 2 days to
provide such information unless the request is delivered by WireCo to the Seller on a Friday, Saturday or Sunday in which case the Seller shall have no less that 3 days to respond. 

 

	 	7.1.3	WireCo undertakes to notify the Seller in writing within 1 (one) Business Day after receiving the FAS Approval or an FAS Non Approval. Such notice will be given
to the Seller by fax and e-mail as set out in Clause 13.11, with a copy to the Escrow Deposit Agent. 

  

	7.2	Closing Obligations 

  

	    	At Closing and, to the extent possible, simultaneously: 

  

	 	7.2.1	The Seller shall deliver to WireCo the following: 

  

	 	(i)	share certificates of HoldCo Shares duly endorsed; 

  

	 	(ii)	the share, accessory contributions and shareholder loans purchase and sale agreement or transfer instrument duly executed; 

  
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	 	(iii)	a request addressed to HoldCo for the registration of the transfer of ownership to WireCo of the HoldCo Shares, pursuant to article 102, 2, c), of the Portuguese
Securities Code; 

  

	 	(iv)	resignation letters of all members of the social bodies of HoldCo, COS, AMS, C&L and Oliveira Holland (except from the managing director of Oliveira Holland), in
the Agreed Form, confirming that they have no claim against the said companies for compensation for loss of office (whether contractual, statutory or otherwise), unfair dismissal, redundancy or otherwise and also that no arrangement is outstanding
under which those companies have or may have any obligation to them; 

  

	 	(v)	if requested by WireCo, the resignation of the auditors of Oliveira Holland; 

 

	 	(vi)	the COS Group Companies’ books (including, but not limited to, minutes books of the board of directors, minutes books of the general meeting of shareholders,
ledger of shares or shareholders’ register book), the share certificates of COS, and up-to-date certificate of the commercial register of each of the COS Group Companies; 

 

	 	(vii)	a certified copy of board minutes of the Seller in the Agreed Form authorising the execution of and the performance of its obligations under this Agreement and each
ancillary document relating to the Transaction; 

  

	 	(viii)	a copy of the Closing Confirmation Notice signed by the Seller; 

  

	 	(ix)	a legal opinion issued by Telles de Abreu e Associados – Sociedade Advogados, RL in the Agreed Form and updating the opinion given by the same firm as of the date
of this Agreement. 

  

	 	7.2.2	WireCo shall deliver to the Seller a copy of either a quota holder general meeting minutes approving the undertaking of obligations under and the execution of
this Agreement and each ancillary documents relating to this transaction or any other document in substitution for the same and a copy of the Closing Confirmation Notice signed by the Purchaser. 

 

	 	7.2.3	WireCo shall deliver to the Seller the share and accessory contributions and shareholder loans purchase and sale agreement duly executed;

  

	 	7.2.4	WireCo shall pay the Purchase Price to the Escrow Bank Account and to the Seller in accordance with Clause 3.1.2. 

 

	7.3	Breach of Closing Obligations 

  

	 	7.3.1	If either the Seller or WireCo fails to materially comply with any obligation set out in Clause 7.2 above and such obligation has not been waived in accordance
with the terms of this Agreement by the other Party, Clause 3.2.3(i) and 3.2.3(ii) (as appropriate) shall apply. 

  

	7.4	Immediately after Closing 

  

	 	7.4.1	Immediately after Closing WireCo shall hold a general shareholders meeting of HoldCo wherein WireCo shall vote in favour of the following resolution:

  

	 	(i)	acceptance of the resignation of all of the members of all social bodies of HoldCo and appointment of new members in their stead. 

  
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	 	7.4.2	Immediately after Closing WireCo shall cause HoldCo to hold a general shareholders meeting of COS, AMS, C&L and Oliveira Holland wherein WireCo shall vote or
shall procure that the relevant shareholder of the relevant entity votes in favour of the following resolution: 

  

	 	(i)	acceptance of the resignation of all of the members of all social bodies of such entities (with the exception of the managing director of Oliveira Holland) and
appointment of new members in their stead. 

  

	7.5	Post-Closing Obligations 

  

	 	7.5.1	The Parties have agreed that WireCo must amend as soon as possible the current corporate name of HoldCo to any other name without reference to Luis Sá.
WireCo will use all reasonable endeavours to change the corporate name of HoldCo immediately after Closing and will in any event change it within 30 (thirty) days after Closing and will provide to the Seller, within that period of time, with the
commercial certificate proving that the amendment was done and registered. During the 30-day period HoldCo shall be permitted to use reference to Luis Sá in its corporate name and in the ordinary course of business. 

 

	8	Representations and Warranties 

  

	8.1	The Seller Warranties and the WireCo Warranties 

  

	 	8.1.1	The Seller, in relation to itself and to the COS Group Companies, and WireCo, in relation to itself, represents and warrants to each other as set out below. The
Parties acknowledge that both are relying upon such representations and warranties on its execution of this Agreement and that they would not have entered into this Agreement without the benefit of such representations and warranties. Both Parties
further acknowledge that there shall be no ability to file a Claim for breach of any Warranty to the extent that the facts or events to which such Claim relates are disclosed in the Disclosure Letter in accordance with Clause 8.4.

  

	8.2	The WireCo Warranties 

  

	 	8.2.1	WireCo represents and warrants that it: 

  

	 	(i)	is duly incorporated and validly existing under the laws of Portugal, with full corporate power, legal capacity and authority to hold stakes in companies and to enter
into this Agreement; 

  

	 	(ii)	has taken all necessary resolutions or other actions as may be required so that it or its Permitted Assignee validly purchase the HoldCo Shares, the Accessory
Contributions and the Shareholder Loans; 

  

	 	(iii)	has obtained all necessary approvals, authorisations and consents as required by its constitutional documents as to enter into this Agreement; 

 

	 	(iv)	no petition for its bankruptcy, global rearrangement of indebtedness, liquidation or winding-up has been filed or threatens to be filed; 

 

	 	(v)	all necessary action, consents, contractual, corporate, administrative or otherwise, registration with or notification by WireCo either from or to any third person
under and pursuant to any laws to which WireCo is subject, has been taken in order to authorise or permit the execution, delivery and performance of this Agreement by WireCo; and 

  
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	 	(vi)	this Agreement constitutes a legal, valid and binding obligation of WireCo enforceable against the same in accordance with its terms. 

 

	8.3	The Seller Warranties 

  

	    	The Seller represents and warrants as to the following: 

  

	 	8.3.1	Organisation and Qualification of COS Group Companies 

  

	 	(i)	The Seller and each of the COS Group Companies is duly incorporated, validly existing under the respective laws, with full corporate power, legal capacity and authority
to conduct its business in the manner and in the places where the same is conducted by. 

  

	 	(ii)	No petition for the bankruptcy, global rearrangement of indebtedness, liquidation or winding-up of the Seller or any of COS Group Companies has been filed or threatens
to be filed. 

  

	 	(iii)	The copies of the extracts of the commercial register and/or the By-Laws of all of COS Group Companies as amended to the date hereof attached as Annex no. 1.1.12 are
complete, correct and up to date. 

  

	 	8.3.2	Title of HoldCo Shares and Accessory Contributions 

  

	 	(i)	The Seller will be at Closing the total and beneficial owner of HoldCo Shares. 

 

	 	(ii)	The Seller will be at Closing the beneficial owner of all of the voting rights of COS. 

 

	 	(iii)	HoldCo is the total and beneficial owner, whether directly or indirectly, of all of the shares and quotas of the other COS Group Companies. 

 

	 	(iv)	The HoldCo Shares and all of the shares of the other COS Group Companies are and will be at Closing issued, fully paid up and free of any Liens or Encumbrances.

  

	 	(v)	The Accessory Contributions and Shareholders Loans were duly executed and are duly reflected in the Financial Statements. 

 

	 	(vi)	The aggregate amount of Accessory Contributions and Shareholder Loans is equal to € 19.788.257,50 (nineteen million seven hundred and eighty eight thousand two
hundred and fifty seven Euros and fifty cents). 

  

	 	(vii)	At Closing the Seller will have full legal and beneficial ownership of the Accessory Contributions and the Shareholder Loans free of any Liens or Encumbrances.

  

	 	(viii)	At Closing, other than the Shareholder Loans and Accessory Contributions, no other indebtedness will exist between the COS Group Companies on the one hand and on the
other hand any of the following: (i) the Seller and any of its Affiliates or (ii) any party to the Letter of Intent or any of its Affiliates or (ii) any of the Family Members or Jose Luis da Silva Fonseca or any of their relations or
any company in which any Family Member or Jose Luis da Silva Fonseca or any of their relations is interested (as a director or shareholder or otherwise) or any trust in which any of them is a beneficiary. 

  
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	 	8.3.3	Authorisation 

  

	    	All necessary action, consents, contractual, corporate, administrative or otherwise, registration with or notification either from or to any third person under and
pursuant to any laws to which the Seller is subject, has been taken by them in order to authorise or permit the execution, delivery and performance of this Agreement. 

 

	 	8.3.4	Enforceability 

  

	    	This Agreement constitutes a legal, valid and binding obligation of the Seller enforceable against the same in accordance with its terms. 

 

	 	8.3.5	Compliance with Obligations and Laws 

  

	 	(i)	The execution, delivery, and performance of this Agreement will not: 

  

	 	(a)	constitute a breach or violation of the articles of association of the Seller or any of the COS Group Companies hereto; 

 

	 	(b)	result in a violation of any law, regulation, administrative order or judicial order applicable to the Seller or any of the COS Group Companies.

  

	 	(ii)	None of the COS Group Companies is in material breach of any applicable laws, rules and regulations, administrative and judicial orders. 

 

	 	8.3.6	Litigation 

  

	 	    	There is no litigation pending or threatened against any of the COS Group Companies which will have material effect on its properties, assets or business or which would
prevent or hinder the completion of this Agreement and there are no outstanding court decisions to which any COS Group Company is a party to or by which any of its assets are bound, any of which: 

 

	 	(i)	question this Agreement or affect the transactions contemplated hereby; or 

 

	 	(ii)	restrict the present business, assets or condition, financial or otherwise of any of COS Group Companies; or 

 

	 	(iii)	is not duly provisioned for in the Financial Statements or has not been fairly disclosed during Due Diligence. 

 

	 	8.3.7	Financial Statements 

  

	 	(i)	Attached as Annex 8.3.7(i) hereto are the consolidated Financial Statements of HoldCo which are: 

 

	 	(a)	complete and correct, 

  

	 	(b)	give a true and fair view of its financial condition and fairly present the assets and liabilities of such company, in all respects, in particular its assets and
liabilities (present or contingents); 

  

	 	(c)	have been prepared in accordance with Portuguese generally accepted accounting practices, policies and principles; 

  
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	 	(d)	have been prepared in a manner which is consistent with the historical practice; and 

 

	 	(e)	those accounting practices, policies and principles have been consistently applied throughout prior periods. 

 

	 	(ii)	The Supporting Financial Information has been extracted from the accounting and inventory records of HoldCo and its Subsidiaries for the 8 month period ended
31 August 2010 and has been prepared using accounting practices, policies and principles consistent with the historical practice of each Subsidiary and on a basis consistent with the Management Accounts. 

 

	 	(iii)	The Management Accounts were properly prepared in all material respects using accounting policies adopted in Portugal and consistent with those used in the preparation
of the Financial Statements. On the basis of the accounting bases, practices and policies used in their preparation and having regard to the purpose for which they were prepared, the Management Accounts: 

 

	 	(a)	are not misleading in any material respect; 

  

	 	(b)	do not materially overstate the value of the assets nor materially understate the liabilities of the COS Group Companies as at the dates to which they were drawn up;
and 

  

	 	(c)	do not materially overstate the profits or materially understate the losses of COS Group Companies in respect of the periods to which they relate.

  

	 	8.3.8	Absence of Undisclosed Liabilities 

  

	 	(i)	Since the Accounts Date, the COS Group Companies have not incurred any liabilities of any nature, whether accrued or absolute, other than in the ordinary course of
business. 

  

	 	(ii)	Except as disclosed in the Financial Statements or in this Agreement or any schedule to this Agreement, there are no facts which have a material adverse affect, or may
in the future have a material adversely affect on the business, the properties and operations or conditions of any of the COS Group Companies. 

  

	 	(iii)	Since the Accounts Date there has not been any abnormal change in the financial condition, properties, assets, liabilities, business, operations position, turnover of
any COS Group Company which has not been fairly disclosed during Due Diligence nor there has been: 

  

	 	(a)	any Leakage; 

  

	 	(b)	any material contingent liability incurred by any COS Group Company as guarantor or otherwise with respect to the obligations of himself or others other than
liabilities incurred in the ordinary course of business; 

  
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	 	(c)	any mortgage, encumbrance or lien placed on the assets of any COS Group Company which remains in existence on the date hereof other than those expressly disclosed;

  

	 	(d)	any obligation or liability incurred by any COS Group Company other than obligations and liabilities incurred in the ordinary course of business;

  

	 	(e)	any purchase, sale or other disposition, or any agreement or other arrangement for the purchase, sale or other disposition, of any of the assets of any COS Group
Company other than in the ordinary course of business; 

  

	 	(f)	any damage, destruction or loss, not covered by insurance, materially and adversely affecting the assets or business of any of the COS Group Companies;

  

	 	(g)	any material labour issues or claim of unfair labour practices involving any of the COS Group Companies, or any change in the compensation payable or to become payable
by any of the COS Group Companies to any of their officers, employees or agents other than normal increases in accordance with its usual past practices, or any bonus payment or arrangement made to or with any of such officers, employees or agents
other than as may be consistent with past practice; 

  

	 	(h)	any payment or discharge of a material lien or liability of any COS Group Company which was not incurred in the ordinary course of business or which was not fully
provided for in the Financial Statements; 

  

	 	(i)	any obligation or liability incurred by any of the COS Group Companies to any of their officers, directors or shareholders or any loans or advances made by any of them
to any of their officers, directors or shareholders other than the loan of € 10.000,00 made by COS to HoldCo, or in the ordinary course of business; 

  

	 	(j)	any issuance of any material debenture bond, note or other security, the acceptance of documentary credits, the issuance of any guarantee, indemnity or similar
assurance, other than as may be consistent with past practice or arising from the ordinary course of business; 

  

	 	(k)	any indebtedness incurred for the benefit of the shareholders, whether in respect of moneys raised or borrowed, any debenture, bond, note or other security, the
acceptance of documentary credits or the issuance of any guarantee, indemnity or similar assurance, other than on arms length basis or arising from the ordinary course of business. 

  
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	 	8.3.9	Course of Business 

  

	    	In the ten years preceding the date of this Agreement the business of the COS Group Companies has been conducted in the ordinary and usual course of business,
consistent with past practice, and there has not been any event, occurrence, development or state of circumstances or facts which has had or could be expected to constitute or result in a material adverse effect that would give WireCo cause not to
enter into this Agreement. 

  

	 	8.3.10	Taxes 

  

	 	(i)	The provisions for Taxes reflected in the Financial Statements are adequate to cover any Tax and Social Security obligations and similar liabilities (including the loss
or a right to repayment of Tax, a restriction in losses or loss relief or a payment of Tax which had previously been repaid) of the COS Group Companies, in respect of their business, properties, assets, rights and operations, including but not
limited to any Tax liability arising on deemed (as opposed to actual) income, profits or gains during the period covered by the said Financial Statements and all prior periods. 

 

	 	(ii)	No Taxing authority has served notice to any of the COS Group Companies of it being now assessing against any of the COS Group Companies or threatening to assess
against it any deficiency or claim for additional Taxes or interest thereon or penalties in connection therewith except those made available and fairly disclosed to WireCo at the Due Diligence. 

 

	 	(iii)	All amounts have been provided in the Financial Statements in respect of or by reference to any income, profit or gains, which were earned, accrued or received on or
before the date of the same or in respect of a period ending on or before the Accounts Date. 

  

	 	(iv)	All Taxes or social security contributions and all deficiency assessments, penalties and interest relating to any period prior to the Closing and due and payable prior
to the Closing have been, or shall be, paid by any of the COS Group Companies, as required by law, in a timely manner. 

  

	 	(v)	The COS Group Companies have filed all Tax returns required to be filed by it, and have paid all Taxes owing to it, except Taxes which have not yet accrued or otherwise
become due. 

  

	 	(vi)	The application for SIFIDE Payments in respect of 2009 and 2010 are in the course of being filed by COS. 

 

	 	8.3.11	Title to Properties; Liens and Encumbrances; Condition of Properties 

 

	 	(i)	All of the COS Group Companies have either a valid and uncontested title of ownership for all the equipment and assets used or owned as of the date hereof, or have
contract leases (including without limitation, the material operational leases for equipment and financial leases) under which the COS Group Companies lease any assets at the date hereof. 

 

	 	(ii)	The property, rights and assets owned, leased or otherwise used by the COS Group Companies comprises all the property, rights and assets necessary and sufficient for
the carrying on of its business in the manner in, and to the extent to, which is presently conducted. 

  

	 	(iii)	Each lease to which the COS Group Companies are a party is valid according to the law as it is currently interpreted in the respective applicable law and subsisting and
no default exists under any thereof that could result any accrued costs, charges or damages being payable by any of the COS Group Companies. 

  
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	 	(iv)	Each lease in which the COS Group Companies have an interest, directly or indirectly, is valid according to the respective applicable law and subsisting and no default
exists under any thereof that could result on any accrued cost charges or damages being payable by the sub-lessor or indirectly by any of the COS Group Companies. 

 

	 	(v)	All assets, notably immovable assets and equipment, owned by any of the COS Group Companies or used in the conduct of its business are in the normal working order as
evidenced and fairly disclosed in the Due Diligence except that some assets and equipment may be undergoing standard routine maintenance and repairs. 

  

	 	(vi)	Each of the COS Group Companies has good, uncontested and marketable title to all of the real and personal property, and each lease to which they are a party is valid
and subsisting and no default exists under any thereof. The COS Group Companies own and are entitled to their assets. 

  

	 	(vii)	None of the assets owned by COS Group Companies will be at the Closing Date subject to any mortgage, pledge, or promise of mortgage or pledge, promissory or conditional
sale agreement or security title, or other charge, other than those already disclosed in the Due Diligence or disclosed in Annex n. 8.3.11(vii). This Annex also includes the reference to a surface right of Oliveira Holland regarding the land at
Mandenmakerstraat 51, 3194 DA Hoogvliet, Rotterdam. 

  

	 	8.3.12	Intellectual and Industrial property rights 

  

	 	(i)	As far as the Seller is aware, set forth on Annex no. 8.3.12(i) hereto is a true and complete list of all trademarks, trade mark applications, trade names, logos,
utility models, industrial models and designs (all of the foregoing collectively referred to as “Intellectual and Industrial Property”) presently owned by the COS Group Companies, as well as of license of or right to any
Intellectual Property. 

  

	 	(ii)	As far as the Seller is aware, none of the COS Group Companies is using any Intellectual or Industrial Property of which it has not a duly valid registered title or
that they do not have an undisputed contractual right to use. 

  

	 	(iii)	As far as the Seller is aware, each of COS Group Companies has a duly valid registered title of or have the undisputed right to use all the Intellectual or Industrial
Property to conduct their businesses as presently conducted and there are no grounds for the suspension, modification, revocation or not renewable of the same. 

 

	 	(iv)	As far as the Seller is aware, the business as presently conducted by each of COS Group Companies does not and to the knowledge of the Seller will not cause the
infringement or violation of any Intellectual Property rights of any other person. 

  
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	 	(v)	As far as the Seller is aware, there is no provision of any agreement, contract, deed or licence or other instrument to which the Parties, any COS Group Company are a
party which, that in consequence of the Agreement (including Closing taking place) will result in any breach of such agreement, contract, deed, licence or instrument or the rights, liabilities, obligations or interest of Intellectual Property.

  

	 	(vi)	As far as the Seller is aware, the COS Group Companies are not a party to any agreements or arrangements, which restrict the use of their Intellectual Property anywhere
in the world. 

  

	 	8.3.13	Contracts and Commitments 

  

	 	(i)	Since the Accounts Date, the businesses of the COS Group Companies have been conducted in the ordinary and usual course of business, consistent with past practice.

  

	 	(ii)	The Seller is not aware, after due inquiry, that any of the COS Group Companies or each of the respective counter-parties are in default of any material obligations
under any contracts, commitments, agreements or licenses. None of COS Group Companies has the intention to terminate, cancel, limit or modify any contract, commitment, agreement or licence or has any reason to believe that the respective
counter-parties have any such intention. 

  

	 	(iii)	As far as the Seller is aware, none of the COS Group Companies has applied for any subsidies from the Portuguese State or the EU since the Accounts Date other than
those identified on Annex n. 8.3.13(iii) hereto or fairly disclosed in the Due Diligence. 

  

	 	(iv)	As far as the Seller is aware, the execution of the Agreement does not constitute a default of any contracts, commitments, agreements or licenses entered into by each
of the COS Group Companies and is not ground for their termination, cancellation, limitation, accelerated maturity or modification, other than those identified in Annex n. 8.3.13(iv) hereto or fairly disclosed during the Due Diligence.

  

	 	8.3.14	Labour and Employment matters 

  

	 	(i)	Since the Accounts Date there have been no consulting or employment contracts or other material agreements with individual consultants or employees entered into by any
COS Group Companies other than those consistent with past practice or arising from the ordinary course of business. 

  

	 	(ii)	Each of the COS Group Companies has complied and is complying with applicable laws, rules and regulations relating to the employment of labour and to the qualification
of contracts as employment contracts, including without limitation, those relating to wages, expenses, hours, unfair labour practices, discrimination, and payment of social security and similar Taxes. 

 

	 	(iii)	There are no material complaints or claims against any of the COS Group Companies, and there is no knowledge, after due inquiry, of pending or overtly threatened before
any authority, by or on behalf of any employee, self-employee or consultant. 

  
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	 	(iv)	There is no knowledge, after due inquiry, about any material complaints or claims against any of the COS Group Companies pending or overtly threatened before any
authority, by or on behalf of any employee, self-employee or consultant on sexual harassment, age and gender discrimination nor, each of the COS Group Companies have knowledge of any facts or practices that may give rise to potential litigation on
said matters. 

  

	 	(v)	There is no contingent liability for sick leave, vacation time, severance pay or similar items not set forth on the Financial Statements, which should be therein
recorded in accordance with statutory accounting principles. The execution, delivery and performance of this Agreement will not trigger any severance pay obligation under any contract. 

 

	 	8.3.15	Employee Benefits 

  

	    	There are no currently effective pension, deferred compensation, stock purchase, option, bonus, or other employee benefit plans, severance pay or other material
benefits practices (each such plan, arrangement or practice being hereafter referred to as “Benefit Plan”) relating to any employees, officers or directors of each of COS Group Companies other than those duly recorded in the
Financial Statements or already decided at the competent social bodies of the COS Group Companies. 

  

	 	8.3.16	Health and Safety 

  

	    	As far as the Seller is aware, the conduct of each of the COS Group Companies has not and does not violate any provisions of any applicable laws, orders, regulations or
requirements of any governmental agency having jurisdiction thereof related to Health and Safety; has always and does now comply with all contractual or administrative consents and authorizations required, notably for the performance of their
business activity and for the mandatory health services and no claim has been made by any person or public entities against them in relation to such matters. 

 

	 	8.3.17	Licenses and Permits 

  

	    	As far as the Seller is aware, each of the COS Group Companies holds the necessary licenses, consents, orders, warrants, confirmations, permissions, certificates,
approvals, registrations, authorities and permits which are required to enable and allow them to conduct their businesses as presently conducted and each of them has duly and timely performed its obligations and commitments under any such licenses,
permits or otherwise and related agreements and satisfied any consideration (whether in cash or in kind) and guarantee requested by the competent authorities and the Seller is not aware of any reason why any of them should be suspended, modified,
revoked or not renewed. 

  

	 	8.3.18	Borrowings and Guarantees 

  

	 	(i)	As at the date of this Agreement there are no agreements or undertakings pursuant to which any of the COS Group Companies (i) is borrowing or is entitled to borrow
any money, (ii) is lending or have committed itself to lend any money, (iii) is guarantor or surety with respect to the obligations of any person, and/or (iv) any financing arrangements, other than those incurred since the Accounts
Date in the ordinary course of business and consistent with past practice in each case other than the arrangements listed in Annex 8.3.18(i). 

  
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	 	(ii)	As at the date of Closing there are no agreements or undertakings pursuant to which any of the COS Group Companies (i) is borrowing or is entitled to borrow any
money, (ii) is lending or have committed itself to lend any money, (iii) is guarantor or surety with respect to the obligations of any person, and/or (iv) any financing arrangements, other than those incurred since the Accounts Date
in the ordinary course of business and consistent with past practice in each case other than the arrangements listed in Annex 8.3.18(ii). 

  

	 	8.3.19	Insurance 

  

	 	(i)	Each of the COS Group Companies has contracted the insurance policies legally required. There are no claims pending or threatened against COS Group Companies, other
than Pfeifer Claim and António Conde Claim, under any of said policies, or disputes with insurers, no circumstances exists which are likely to give rise to any insurance claim and all premiums due and payable thereunder have been paid, the
premiums payable are not in excess of the normal rates and no circumstances exist which are likely to give rise to any increase in premiums and all such policies are and will be at Closing in full force and effect in accordance with their respective
terms. 

  

	 	(ii)	The execution of the Agreement does not constitute a default of any insurance policy contracted by each of the COS Group Companies and is not ground their termination,
cancellation, limitation, modification or will give rise to any increase in premiums. 

  

	 	8.3.20	Disclosure of Material Information 

  

	    	Neither this Agreement nor any Annex hereto, nor any certificate issued pursuant hereto, contains any untrue statement of material facts, or omits to state material
facts necessary to make the statements herein or therein not misleading, relating to the business or affairs of the COS Group Companies. There is no fact that adversely affects the business, condition (financial or otherwise) that has not been set
forth herein or fairly disclosed in the Due Diligence. 

  

	 	8.3.21	Inventory 

  

	    	Each of the COS Group Companies inventories shown in the December 31, 2009 audited Financial Statements is as follows: 

 

	 	(i)	are all in good and usable condition; 

  

	 	(ii)	are not recorded at a price superior to the current market value; 

  

	 	(iii)	will be used in the ordinary course of business. 

  

	 	8.3.22	Products 

  

	    	During the 12 month period prior to the date of this Agreement, other than the Pfeifer and António Conde claims, no claims totalling more than € 100.000,00,
whether or not covered by a insurance policy, have been made against any of the COS Group Companies in relation to any products and services which have been manufactured, sold or supplied by those companies. 

  
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	 	8.3.23	Grants and Subsidies 

  

	    	Each of the COS Group Companies has duly and timely performed its obligations and commitments under any agreement on grants and/or subsidies or similar arrangements and
has satisfied all the requirements and fulfilled all the obligations arising from the same. 

  

	 	8.3.24	Validity of Representations and Warranties 

  

	    	The representations and warranties set forth above are true, valid and effective as of the date of this Agreement and shall be deemed to be repeated as at Closing as if
all references therein to the date of this Agreement were references to the Closing Date. 

  

	8.4	Seller Disclosures 

  

	    	The Seller Warranties (other than the Fundamental Warranties) are subject to the specific matters, which are fairly disclosed in this Agreement and the Disclosure
Letter, attached hereto as Schedule 6, provided that such matters are disclosed in sufficient detail to enable WireCo to assess the matters in question. The Seller shall not be in breach of any of the Seller Warranties (other than the Fundamental
Warranties) in respect of the matters fairly disclosed in the Disclosure Letter and the facts so disclosed shall not constitute grounds of any sort of Claim to be made by WireCo against the Seller under the terms of this Agreement.

  

	8.5	Notification 

  

	 	8.5.1	If after the signing of this Agreement: 

  

	 	(i)	any of the Parties shall become aware that any of its respective Warranties was untrue or inaccurate in any material respect as of the signing of this Agreement; or

  

	 	(ii)	any event shall occur or matter shall arise of which the relevant Party becomes aware which results or may result in any of the respective Warranties being untrue or
inaccurate in any material respect when repeated at Closing, 

  

	 	    	the relevant Party (the “Notifying Party”) shall notify the other Party in writing as soon as practicable and in any event prior to Closing setting out
such details as are available and the Notifying Party shall make any investigation concerning the event or matter and take such action, at its own cost, as the other Party may reasonably require. 

 

	 	8.5.2	Any notification pursuant to Clause 8.5.1 shall not operate as a disclosure pursuant to Clause 8.4 of this Agreement and the respective Warranties shall not be
subject to such notification. 

  
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	9	Taxation, Environmental and other Indemnities 

  

	9.1	Tax indemnities 

  

	 	9.1.1	The Seller hereby undertakes to indemnify and hold harmless WireCo for an amount equal to: 

 

	 	(i)	any liability to Tax arising to any of the COS Group Companies in respect of, by reference to, or in consequence of: 

 

	 	(a)	any income, profits or gains earned, accrued or received on or before Closing; or 

 

	 	(b)	any event occurring on or before Closing (including any act, transaction or omission whatsoever, and any event which for Tax purposes is deemed to have, or is treated
or regard as having occurred on or before Closing); 

  

	 	(ii)	any Losses which WireCo, any of the COS Group Companies or any of WireCo’s affiliates may directly or indirectly suffer or incur as a result of or in connection
with any liability of any of the COS Group Companies to Tax under sub-clause (i) above, including but not limited to Taxes, penalties, interest, reassessments and legal or other advisory costs (provided such legal or other advisory costs are
deemed reasonable according to Portuguese standards) relating to that liability (including as regards any related amendments to any of the COS Group Companies’ accounts or Tax returns). 

 

	 	9.1.2	For the purposes for determining in Clause 9.1.1 whether: 

  

	 	(i)	any income, profits or gains have been earned, accrued or received; or 

  

	 	(ii)	an event has occurred, 

  

	 	    	in either case, on or before Closing or after Closing, an accounting period of the COS Group Company concerned shall be deemed to have ended on Closing.

  

	 	9.1.3	Any Claim arising pursuant to Clause 9.1.1 above is subject to the terms and conditions set forth under Clauses 10 and 11 of this Agreement.

  

	 	9.1.4	For the avoidance of doubts, and in respect to this clause 9.1: 

  

	 	(i)	the amount mentioned in clause 3.1.1 (ii) already considers the deduction of an amount of €1,639,000 (one million, six hundred and thirty nine thousand euro)
in relation to corporate income taxes for the period from 1 January 2010 until 31 August 2010, in the calculation of the Purchase Price; 

  

	 	(ii)	the amount mentioned in clause 3.1.1 (iii) already considers the deduction of a daily amount of €7,570 (seven thousand, five hundred and seventy euro) in
relation to corporate income taxes for the period from 1 September 2010 until the Closing Date, in the calculation of the Purchase Price. 

  

	9.2	Environmental Indemnity 

  

	 	9.2.1	Without prejudice and subject to the provisions contained in Clauses 10 and 11 hereof, the Seller undertakes to indemnify, compensate and hold harmless WireCo,
for Losses directly or indirectly arising from environmental issues, including but not limited to: 

  

	 	(i)	any Hazardous Materials present at, on or under any Site at the Closing Date, including for the avoidance of doubt, and any such Hazardous Materials migrating from any
Site at any time; 

  
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	 	(ii)	any breach of, or failure by any COS Group Company or Seller in relation to a Site or the business of any COS Group Company to comply with Environmental Law or an
Environmental Consent prior to the Closing Date; 

  

	 	(iii)	any asbestos or asbestos containing materials present in any buildings or plant at any Site at any time before the Closing Date; or 

 

	 	(iv)	and contractual obligation or deed entered into by a COS Group Company prior to the Closing Date relating to any contamination of soil and groundwater by Hazardous
Materials or a breach of, or failure to comply with Environmental Laws, 

 in each case, incurred by any COS Group
Company as a result of (x) taking actions reasonably necessary to prevent the commencement of Environmental Proceedings; (y) Environmental Proceedings; or (z) the occurrence of an Environmental Emergency (including but not limited to
any environmental conditions, hazards or spills, regarding the COS Group Companies) should the said environmental issues exist, have been initiated or relate to obligations, facts, actions or omissions that occurred or should have occurred before
the Closing Date other than Losses directly or indirectly arising from the environmental issues identified in Annex 9.2.1. 
  

	 	9.2.2	Any Claim arising pursuant to clause 9.2.1 above is subject to the terms and conditions set forth under Clause 11 of this Agreement, and is subject to the cap
set out in Clause 10.4.3. 

  

	9.3	Other Indemnities 

  

	 	9.3.1	Without prejudice and subject to the provisions contained in Clauses 10 and 11 hereof, each of the Parties (the “Breaching Party”) undertakes to
indemnify the other Party, for any other Losses in which it has incurred, resulting from or arising out of: 

  

	 	(i)	the untruthfulness of any of the Warranties given by the Breaching Party as at the date hereof and at Closing; or 

 

	 	(ii)	the material breach of any obligation, covenant or agreement assumed by the Breaching Party in accordance with this Agreement. 

 

	 	9.3.2	The Breaching Party shall further undertake to pay to the other Party the amounts necessary to restore in the financial situation which would have existed if the
breach had not occurred and/or its respective Warranties had been true, together with all reasonable costs and expenses properly incurred by the other Party, directly or indirectly, as a result of such breach. 

 

	10	Limitation of Liability 

  

	10.1	Time Limitation for Claims 

  

	    	Each of the Parties (the “Claimed Party”) shall not be liable under this Agreement in respect of any Claim unless a notice of such Claim is given by
the other Party (the “Claiming Party”) to the Claimed Party specifying the matters set out in Clause 11.1: 

  

	 	10.1.1	in the case of any Claim under the Tax Warranties and/or the Tax Indemnity, within 5 (five) years, as from the Closing Date; 

  
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	 	10.1.2	in the case of any Fundamental Claim within 5 (five) years, as from Closing Date; and 

 

	 	10.1.3	in the case of any other Claim, within 2 (two) years as from the Closing Date. 

 

	10.2	Minimum Claims 

  

	    	Without prejudice to Clause 10.3 below, there will be no minimum amount for any individual Claim (or a series of Claims arising from substantially identical facts or
circumstances) to be considered eligible for the purpose of the calculation of the Minimum Basket Amount, as set forth in Clause 10.3.1 below. 

  

	10.3	Aggregate Minimum Claims 

  

	 	10.3.1	The Claimed Party shall not be legally responsible under this Agreement in respect of any Claim relating to the Seller Warranties (other than Claims relating to
the Fundamental Warranties and/or the Tax Indemnity), unless the aggregate amount of all such Claims for which the Claimed Party would otherwise be liable under this Agreement (disregarding the provisions of this Clause 10.3.1) exceeds an amount of
€ 250.000,00 (two hundred and fifty thousand Euros) (the “Minimum Basket Amount”). 

  

	 	10.3.2	Subject to clause 10.3.4, the Claimed Party shall not be legally responsible under this Agreement in respect of any Claim relating to the Tax Indemnity unless
the aggregate amount of such Claims for which the Claimed Party would otherwise be liable under this Agreement (disregarding the provisions of this Clause 10.3.2) exceeds an amount of € 150.000,00 (one hundred and fifty thousand Euros) (the
“Minimum Tax Basket Amount”). 

  

	 	10.3.3	Where the amount agreed or determined in respect of all Claims referred to in Clause 10.3.1 exceeds the Minimum Basket Amount, the liability of the Claimed Party
shall be limited to the amount of the excess over such Minimum Basket Amount. 

  

	 	10.3.4	Where the amount agreed or determined in respect of all Claims referred to in Clause 10.3.2 exceeds the Minimum Tax Basket Amount, the liability of the Claimed
Party shall be for the entire amount of such Claim or Claims and shall not be limited to the amount of the excess over such Minimum Tax Basket. 

  

	 	10.3.5	There will be no Minimum Basket Amount for Claims relating to the Fundamental Warranties. 

 

	10.4	Maximum Liability 

  

	 	10.4.1	The aggregate liability of the Seller in respect of Claims made under this Agreement relating to the Seller Warranties (other than Fundamental Warranties) and
the Tax Indemnity shall not exceed an amount of €10.000.000,00 (ten million Euros) (“Initial Maximum Cap”) which amount shall reduce automatically on 1 April 2011 to an amount of €5.000.000,00 (five million Euros)
(“Final Maximum Cap”) which shall become the aggregate liability of the Seller in respect of all Claims (other than the Fundamental Claims) made under this Agreement on or after 1 April 2011. Such reduction in the cap on
aggregate liability shall not affect any liability of the Seller in respect of any Claim or Claims notified in accordance with Clause 11.1 by delivery of a Claim Notice on or before 31 March 2011. 

  
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	 	10.4.2	The aggregate liability of the Seller in respect of Fundamental Claims made under this Agreement (other than under Clause 5.5) shall not exceed an amount equal
to the Purchase Price. 

  

	 	10.4.3	The aggregate liability of the Seller in respect of Claims relating to the Environmental Indemnity made under this Agreement shall not exceed an amount equal to
€375.000,00 (three hundred and seventy-five thousand Euros) and any liability of the Seller in respect of Claims relating to the Environmental Indemnity shall be taken into account in determining whether the Final Maximum Cap on liability in
Clause 10.4.1 has been reached or exceeded. 

  

	10.5	Seller Covenant 

  

	    	The Seller undertakes to WireCo that until the 5th anniversary of the Closing Date it shall maintain net assets of at least € 5.000.000,00 (five million Euros)
taking into account any amounts retained in the Escrow Account from time to time. 

  

	10.6	Contingent Liabilities 

  

	    	The Claimed Party shall not be liable under this Agreement in respect of any liability or Claim which is contingent unless and until such contingent liability or Claim
becomes an actual liability or Claim and is due and payable pursuant to a judicially or administrative enforceable decision. 

  

	10.7	Losses 

  

	    	The Seller shall not be liable for any loss of production, loss of profit, loss of contract, loss of revenue or loss of claim resulting from a breach of any of the
Seller Warranties other than the Warranties referred to in Clauses 8.3.8, 8.3.11, 8.3.12, 8.3.13, 8.3.16, and 8.3.17 and the Seller shall not be liable for any non-foreseeable consequential losses resulting from a breach of any of the Seller
Warranties. 

  

	10.8	Provisions 

  

	    	The Claimed Party shall not be liable under this Agreement in respect of any Claim if and to the extent that sufficient, proper and specific allowance, provision or
reserve has been made in good faith and included in the Management Accounts as of 31 August 2010 for the matter giving rise to the Claim, provided that the estimated amount of such proper and specific allowance, provision or reserve has been
charged against EBITDA if related to operations, or charged against the “Financial Net Profit” as set out in the Management Accounts if it relates to Net Financial Debt. 

 

	10.9	Accounts Receivables 

  

	    	There will be no Claims if there are any accounts receivables recorded in the Management Accounts or Financial Statements which are not collected by COS Group
Companies, provided that this clause shall not prevent any Claim for breach of the Seller Warranties set out in Clause 8.3.7. 

  

	10.10	Matters Arising Subsequent to this Agreement 

  

	 	10.10.1	Subject to Clause 10.10.2, the Claimed Party shall not be liable under this Agreement in respect of any matter, act, omission or circumstance (or any combination
thereof), including the aggravation of a matter or circumstance and any Losses arising there from, to the extent that the same would not have occurred but for: 

  
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	 	(i)	Agreed matters - any matter or thing done or omitted to be done pursuant to and in compliance with this Agreement or otherwise at the request in writing or with
the approval in writing of the Claiming Party; 

  

	 	(ii)	Acts of the Claiming Party - any act, omission or transaction of the Claiming Party or by the COS Group Companies, or their respective directors, officers,
employees or agents or successors in title, after Closing; and 

  

	 	(iii)	Changes in legislation: 

  

	 	(a)	the passing of, or any change in, after the Closing Date, any law, rule, regulation or administrative practice of any government, governmental department, agency or
regulatory body including (without prejudice to the generality of the foregoing) any increase in the rates of Taxation or any imposition of Taxation or any withdrawal of relief from Taxation not actually (or prospectively) in effect at the date of
the Closing Date; or 

  

	 	(b)	any change after the Closing Date of any generally accepted interpretation or application of any legislation. 

 

	 	10.10.2	The limitations set out in Clause 10.10.1(ii) shall not apply in respect of any Claim by WireCo against the Seller under this Agreement to the extent that the
matter, act, omission, transaction or circumstance or any combination thereof, (including any Losses arising therefrom) is carried out or effected pursuant to a legally binding commitment created on or before Closing of any of the COS Group
Companies or an obligation imposed by a Portuguese governmental authority or is in accordance with Portuguese generally accepted accounting principles or in the ordinary course of business of any of the COS Group Companies. 

 

	10.11	Insurance 

  

	 	10.11.1	The Claimed Party shall not be liable under this Agreement in respect of any Claim to the extent that the Losses in respect of which such Claim is made are
covered by a policy of insurance or would have been covered if such insurance policy had been maintained beyond Closing and the Claiming Party has not opposed such insurance’s termination and the relevant insurance company has paid or agreed to
pay in respect of those Losses, provided however that, where a Claim under an insurance policy results in an increase in the respective insurance premium or costs to any COS Group Company, in which case the Claiming Party shall be entitled to claim
against the Claimed Party for the resulting increase of the premium or cost. 

  

	 	10.11.2	WireCo agrees that it will use reasonable endeavours to recover Losses in respect of which a Claim is being made from the relevant insurance company which are
covered by an insurance policy as referred to in Clause 10.11.1. 

  

	10.12	Mitigation of Losses 

  

	    	The Claiming Party and the Claimed Party shall procure that all commercially and legally reasonable steps are taken and all reasonable assistance is given to avoid or
mitigate any Losses which in the absence of mitigation might give rise to greater liability in respect of any Claim under this Agreement (other than a Claim under the Tax Indemnity) and WireCo shall further cause the COS Group Companies to take any
and all commercially and legally reasonably steps to mitigate Losses (other than Losses in respect of which a Claim is made under the Tax Indemnity), pursuant to this Clause 10.12. 

  
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	10.13	Claiming Party’s Right to Recover 

  

	 	10.13.1	Recovery for Actual Liabilities 

  

	 	    	The Claimed Party shall not be liable under this Agreement unless and until the liability in respect of which the Claim is made has become due and payable and is
accepted or confirmed by an arbitral award, reached pursuant to Clause 14.1 below. 

  

	 	10.13.2	Prior to Recovery from the Claimed Party etc. 

  

	 	    	If, before the Claimed Party pays an amount in discharge of any Claim under this Agreement, the Claiming Party directly actually recovers (whether by payment, discount,
credit, relief, insurance or otherwise) from a third party a sum which indemnifies or compensates the Claiming Party (in whole or in part) in respect of the loss or liability which is the subject matter of the Claim, the amount of the Claim should
be reduced by the amount of the benefit received by the Claiming Party net of any and all costs or expenses and Taxation attributable to the recovery. 

  

	 	10.13.3	Following Recovery from the Claimed Party etc. 

  

	 	    	If the Claimed Party has paid an amount in discharge of any claim under this Agreement and the Claiming Party is entitled to recover (whether by payment, discount,
credit, relief, insurance or otherwise) from a third party a sum which indemnifies or compensates the Claiming Party (in whole or in part) in respect of the loss or liability which is the subject matter of the Claim, the Claimed Party shall be
subrogated to all rights that the Claiming Party has or would otherwise have in respect of the Claim against the third party or, if subrogation is not possible, the Claiming Party shall procure that all steps are taken as the Claimed Party may
reasonably require to enforce such recovery and shall pay to the Claimed Party as soon as practicable after receipt an amount equal to (i) any sum recovered from the third party less any costs and expenses incurred in obtaining such recovery
less any Taxation attributable to the recovery after taking account of any Tax relief available in respect of any matter giving rise to the Claim or, if less (ii) the amount previously paid by the Claimed Party to the Claiming Party, less any
Taxation attributable to it. 

  

	10.14	Double Claims 

  

	    	The Claiming Party shall not be entitled to recover from the Claimed Party under this Agreement more than once in respect of the same Losses suffered.

  

	10.15	Fraud 

  

	    	None of the limitations contained in this Clause 10 shall apply to any Claim which arises or is increased, or to the extent to which it arises or is increased, as the
consequence of, or which is delayed as a result of, fraud, wilful misconduct, wilful concealment or gross negligence by the Claimed Party, or any of their respective directors, officers, employees or agents. 

  
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	11	Claims 

  

	11.1	Notification of Claims 

  

	    	If either Party becomes aware of any matter or circumstance that may give rise to a Claim against the other Party under this Agreement, such first Party (the
“Claiming Party”) shall as soon as reasonably practicable give a notice in writing (the “Claim Notice”) to the other Party (the “Claimed Party”) prepared in good faith and supported by reasonable evidence and as much
legal and factual information concerning the basis for the Claim as is available to the Claiming Party and in any event as is reasonably necessary to enable the Claimed Party to assess the merits of the Claim, to act to preserve evidence and to make
such provision as the Claimed Party may consider necessary. 

  

	11.2	Conduct of Third Party Claims 

  

	 	11.2.1	If the matter or circumstance that may give rise to a Claim against the Claimed Party under this Agreement (including a Claim for breach of the Tax Warranties or
a Claim under the Tax Indemnity) is a result of or in connection with a Claim by or liability to a third party then: 

  

	 	(i)	The Claiming Party shall use its reasonable endeavours to ensure that the Claimed Party is given all reasonable facilities to investigate the relevant Claim or
liability to a third party; 

  

	 	(ii)	to the extent applicable, no admissions in relation to such third party claim shall be made by or on behalf of the Claiming Party and the Claim shall not be
compromised, disposed of or settled without prior consultation with the Claimed Party; 

  

	 	(iii)	subject to the Claiming Party and its Affiliates being entitled to employ its own legal advisers, the Claiming Party shall take any action that the Claimed Party
reasonably requests to avoid, resist, dispute, appeal, compromise or defend that relevant Claim or liability to a third party; 

  

	 	(iv)	it is agreed that the Claiming Party shall have the final decision in relation to any settlement, compromise or conduct of any action proceeding or Claim.

  

	 	11.2.2	The rights of the Claimed Party under this clause shall only apply if it gives notice to the Claiming Party in writing of its intention to exercise its rights
within 10 Business Days of the Claiming Party giving notice of the relevant Claim or liability to a third party. If the Claimed Party does not give notice during that period, the Claiming Party shall be entitled in its absolute discretion to settle,
compromise, or resist any action, proceedings or claim out of which the relevant Claim or liability to a third party may arise. 

  

	 	11.2.3	Neither WireCo nor any of its Affiliates (including the COS Group Companies after Closing) shall be required to take any action or refrain from taking any action
pursuant to this clause if the action or omission requested would, in the reasonable opinion of the WireCo, be materially prejudicial to the business of the COS Group Companies, WireCo or any of their respective Affiliates. 

  
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	12	Confidentiality 

  

	12.1	Announcements 

  

	    	Subject to Clause 5.4, no announcement or circular in connection with the existence or the subject matter of this Agreement (the “Public Announcement”)
shall be made or issued by or on behalf of either one of the Parties without the prior notice to the other Party 24 (twenty four) hours before its release. 

 

	12.2	Confidentiality 

  

	 	12.2.1	 The confidentiality undertaking set forth in the Confidentiality Agreement signed on the 1st July 2010 shall cease to have any force or effect from the Closing Date. 

 

	 	12.2.2	Subject to Clause 12.1: 

  

	 	(i)	each of the Parties shall treat as strictly confidential and not disclose or use any information received or obtained as a result of entering into this Agreement (or
any agreement entered into pursuant to this Agreement) which relates to: 

  

	 	(a)	the provisions of this Agreement as well as any other agreement entered into pursuant to this Agreement; or 

 

	 	(b)	the negotiations relating to this Agreement (and any such other agreements); 

 

	 	(ii)	WireCo shall treat as of the date of this Agreement as strictly confidential and not disclose or use any information relating to the business, financial or other
affairs (including future plans and targets) of the Seller other than that relating to the COS Group Companies and their respective businesses; 

  

	 	(iii)	The Seller shall treat as of the date of this Agreement as strictly confidential and not disclose or use any information relating to the business, financial or other
affairs (including future plans and targets) of the COS Group Companies and of WireCo. 

  

	 	12.2.3	Clause 12.2.2 shall not prohibit disclosure or use of any information if and to the extent: 

 

	 	(i)	the disclosure or use is required by law, any regulatory body or any recognised stock exchange on which the shares of the disclosing Party are listed;

  

	 	(ii)	the disclosure or use is required to vest the full benefit of this Agreement in the disclosing Party; 

 

	 	(iii)	the disclosure is made to professional advisers of either of the Parties on terms that such professional advisers undertake to comply with the provisions of Clause
12.2.2 in respect of such information as if they were a party to this Agreement; 

  

	 	(iv)	 the information is or becomes publicly available (other than by breach of the Confidentiality Agreement signed on 1st July 2010 or of this Agreement); 

 

	 	(v)	the other party has given prior written approval for the disclosure or use; 

 

	 	(vi)	the disclosure is reasonably required for the purposes of preparing Tax filings or returns or the information has been requested by any Tax authority (where compliance
with such a request is customary); 

  
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	 	(vii)	the disclosure or use is required by the terms of the US$275 million 9.5% Senior Notes due 2017 issued by WireCo or any bond or security issued by WireCo or its
Affiliate after the date of this Agreement; or 

  

	 	(viii)	the information is independently developed after Closing, 

  

	 	    	provided that prior to disclosure or use of any information pursuant to paragraphs (i), (ii) or (iii) of this Clause 12.2.3 the party concerned shall promptly
notify the other party of such requirement with a view to providing that other party with the opportunity to contest such disclosure or use or otherwise to agree the timing and content of such disclosure or use. 

 

	 	12.2.4	The confidentiality undertakings set forth in this Clause shall be in force without limitation in time. 

 

	13	Miscellaneous 

  

	13.1	Change to legal names 

  

	    	The Parties have agreed that HoldCo corporate name will be changed immediately after Closing or within 30 (thirty) days following Closing Date so that any reference to
Luis Sá is deleted. 

  

	13.2	Further Assurances 

  

	    	Each of the Parties shall from time to time execute such documents and perform such acts and things as either of them may reasonably require to give the other the full
benefit of this Agreement. 

  

	13.3	Whole Agreement 

  

	 	13.3.1	This Agreement and any other documents executed contemporaneously with this Agreement or executed on the Closing Date contain the whole agreement between the Parties
relating to the Transaction and the subject matter of this Agreement at the date hereof and the Closing Date, as appropriate, to the exclusion of any terms implied by law which may be excluded by contract and supersedes any previous written or oral
agreement between the Parties in relation to the matters dealt with in this Agreement notably the Letter of Intent. 

  

	 	13.3.2	Each of the Parties acknowledges that it has not been induced to enter this Agreement by any representation, warranty or undertaking not expressly incorporated
into it. 

  

	 	13.3.3	So far as is permitted by law and except in the case of fraud, each of the Parties agrees and acknowledges that its only right and remedy in relation to any
representation, warranty or undertaking made or given in connection with this Agreement shall be for breach of the terms of this Agreement to the exclusion of all other rights and remedies (including those in tort or arising by Law).

  

	13.4	Reasonableness 

  

	    	Each of the Parties confirms it has received independent accounting, Tax and legal advice relating to all the matters provided for in this Agreement and agrees that the
provisions of this Agreement (including the Disclosure Letter as appended hereto in Schedule 6 and all documents entered into pursuant to this Agreement) are fair and reasonable. 

  
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	13.5	No Assignment 

  

	 	13.5.1	WireCo may or may procure that any Permitted Assignee: 

  

	 	(i)	assign the benefit of this Agreement (in whole or in part) to, and it may be enforced by, any Permitted Assignee as it if were WireCo under this Agreement, provided
that WireCo will be jointly and severally responsible before the Seller for the performance of the obligations of any such assignee under this Agreement. Any Permitted Assignee to whom an assignment is made in accordance with this Clause 13.5.1 may
itself make an assignment as if it were WireCo under this Clause 13.5.1; and 

  

	 	(ii)	assign its rights under this Agreement by way of security to any bank(s) and/or financial institution(s) lending money or making other banking facilities available to
WireCo or any of its Affiliates for the acquisition of the HoldCo Shares. 

  

	 	13.5.2	Except as otherwise expressly provided in Clause 13.5.1 and elsewhere in this Agreement, neither of the Parties may, without the prior written consent of the other,
assign, grant any security interest over, hold on trust or otherwise transfer the benefit of the whole or any part of this Agreement. 

  

	13.6	Amendment 

  

	    	No variation of this Agreement shall be effective unless in writing and signed by or on behalf of each of the Parties. 

 

	13.7	Time of the Essence 

  

	    	Time shall be of the essence of this Agreement both as regards any dates, deadlines and periods mentioned and as regards any dates, deadlines and periods which may be
substituted for them in accordance with this Agreement or by agreement in writing between the Parties. 

  

	13.8	Method of Payment 

  

	    	Wherever in this Agreement provision is made for the payment by one party to the other, such payment shall be effected by crediting for same day value the account
specified by the payee to the payer reasonably in advance and in sufficient detail to enable payment by telegraphic transfer or other electronic means to be effected on or before the due date for payment. 

 

	13.9	Costs and Expenses 

  

	    	Except as otherwise agreed by the Parties, each one of the Parties shall each bear their own expenses, costs and fees (including, without limitation, attorneys’
and auditors’ fees) in connection with the transactions contemplated herein, including the preparation and execution of this Agreement and compliance with its terms, whether or not the transactions contemplated herein shall be consummated.

  

	13.10	Withholding and Gross Up 

  

	 	13.10.1	Subject to Clause 13.10.2, all sums payable by both Parties under this Agreement shall be paid without set-off or counterclaim, free and clear of all deductions
or if any deduction or withholding is required by law to be made or such payment is made subject to Tax, the paying Party shall make a grossed up payment so that the other Party receives the full amount which would have been received by it had no
such deduction or withholding been required to be made or Tax charge imposed. 

  
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	 	13.10.2	Any Tax which the Seller is required to pay as a result of receipt of the Purchase Price shall be for the Seller’s account and WireCo shall have no obligation to
gross up the Purchase Price to cover such Taxes payable by the Seller. 

  

	13.11	Notices 

  

	 	13.11.1	Any notice or other communication in connection with this Agreement (each, a “Notice”) shall be: 

 

	 	(i)	in writing in English; 

  

	 	(ii)	delivered by hand, fax, registered post or by courier using an internationally recognised courier company. 

 

	 	13.11.2	A Notice to the Seller shall be sent to the following address, or such other person or address as the Seller may notify to WireCo from time to time:

  

	 	    	Rua do Outeiro, 906 

  

	 	    	4475-150 Gemunde (Maia) 

  

	 	    	PORTUGAL 

  

	 	    	Fax: +351 22 943 4994 

  

	 	    	E-mail: luis.oliveira.sa@oliveirasa.pt 

  

	 	    	Attention: Luís Sá 

  

	 	13.11.3	A Notice to WireCo shall be sent to the following addresses, or such other person or address as WireCo may notify to the Seller from time to time:

  

	 	    	Rua São João de Brito, 

  

	 	    	605E, 1, 1.2, 4100-455 Porto 

  

	 	    	PORTUGAL 

  

	 	    	Fax: +351 266 074 750 

  

	 	    	Email: tomas.pessanha@plmj.pt 

  

	 	    	Attention of: Tomas Pessanha 

  

	 	    	With a copy to: Keith McKinnish, Fax: +18162704721 

  

	 	    	 A Notice shall be deemed as effective on the 1st (first) Business Day subsequent to the respective receipt and shall be deemed to have been received:

  

	 	(i)	at the time of delivery, if delivered by hand, registered post or courier; 

 

	 	(ii)	at the time of transmission in legible form, if delivered by fax or e-mail. 

 

	13.12	Invalidity 

  

	 	13.12.1	If any provision in this Agreement shall be held to be illegal, invalid or unenforceable, in whole or in part, the provision shall apply with whatever deletion or
modification is necessary so that the provision is legal, valid and enforceable and gives effect to the commercial intention of the parties. 

  
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	 	13.12.2	To the extent it is not possible to delete or modify the provision, in whole or in part, under Clause 13.12.1 then such provision or part of it shall, to the
extent that it is illegal, invalid or unenforceable, be deemed not to form part of this Agreement and the legality, validity and enforceability of the remainder of this Agreement shall, subject to any deletion or modification made under
Clause13.12.1 not be affected. 

  

	13.13	Counterparts 

  

	    	This Agreement is entered into in two counterparts, which taken together shall constitute one and the same instrument. The Parties are deemed to enter into this
Agreement by signing any such counterpart. 

  

	13.14	Language 

  

	    	This Agreement is being executed in the English language. 

  

	14	Dispute resolution and governing law 

  

	14.1	Arbitration 

  

	 	14.1.1	General 

 Unless settled
by mutual agreement reached within 30 (thirty) days as of the respective initial contact, any dispute or difference whatsoever that might arise from the performance or as to the meaning of this Agreement or as to any matter or items of whatsoever
nature howsoever arising out of or in connection with this Agreement, shall be irrevocably submitted to the exclusive jurisdiction of arbitration in accordance with and subject to the Rules of Arbitration and Conciliation of the International
Chamber of Commerce (the “ICC”) and finally settled by 3 (three) arbitrators appointed in accordance with Clause 14.1.2, who shall draft up the terms of reference for the conduct of the relevant arbitration for any specific
arbitration (the “Terms of Reference”). 
  

	 	14.1.2	Appointment 

 The panel
of arbitrators who will constitute the arbitral court will be appointed as follows: each Party will appoint an arbitrator; the two arbitrators appointed by the Parties will appoint a third arbitrator who shall act as chairman of the panel. In case
the third arbitrator is not appointed within 30 (thirty) Business Days from the appointment of the two arbitrators appointed by the Parties or one of the Parties has not appointed its arbitrator within 15 (fifteen) Business Days from the notice of
the appointment of the arbitrator by the other Party, the third arbitrator and/or the arbitrator not appointed by the relevant Party will be appointed by President of the International Court of Arbitration of the ICC, upon request of any of the
Parties. The Parties hereby agree that any restriction in the Rules of Arbitration and Conciliation of the ICC upon the nomination or appointment of an arbitrator by reason of nationality shall not apply to any arbitration commenced pursuant to this
clause 
  

	 	14.1.3	Place and language of Arbitration 

 The arbitration will take place in London, England and shall be entirely conducted in the English language. 

  
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	 	14.1.4	Costs of Arbitration 

Each Party shall pay its own counsel’s fees and costs. The cost of any arbitration will be assessed against the unsuccessful Party,
with respect to any Claim unsuccessfully disputed by the relevant Party, and the arbitrators will be required to make such cost allocation, if any, part of any ruling issued by them. 
 14.2 Governing Law 
  

	 	14.2.1	This Agreement and the documents to be entered into pursuant to it shall be governed by and construed in accordance with Portuguese law.

  

	 	14.2.2	The arbitrators shall decide any dispute according to Portuguese substantive law, pursuant to the Terms of Reference set out by the arbitrators and/or rules of
procedure applied by the Rules of Arbitration and Conciliation of the ICC with respect to international arbitration rules. 

  

	15	Annexes 

  

	    	Annex 1.1.12 – By-laws and extracts of the commercial register of each of the COS Group Companies 

 

	    	Annex 8.3.7(i) – Consolidated financial statements of HoldCo 

  

	    	Annex 8.3.11(vii) – Assets owned by each of the COS Group Companies subject to any mortgage, pledge, promise of mortgage and pledge, promissory or
conditional sale agreement or security title or other charge 

  

	    	Annex 8.3.12(i) – List of all Intellectual and Industrial Property 

 

	    	Annex 8.3.13(iii) – Subsidies from the Portuguese State or EU applied by each of the COS Group Companies since the Accounts Date 

 

	    	Annex 8.3.13(iv) – Contracts, commitments, agreements or licences entered into by each COS Group Company which will be terminated, cancelled, limited,
accelerated, matured or modified as a result of entry into this Agreement 

  

	    	Annex 8.3.18(i) – Indebtedness of each COS Group Company as at the date of the Agreement 

 

	    	Annex 8.3.18 (ii) – Indebtedness of each COS Group Company as at the Closing Date 

 

	    	Annex 9.2.1 – Identified environmental issues 

  

	16	Schedules 

  

	    	Schedule 1 – Details of Salaries and Bonus Payments 

  

	    	Schedule 2 – Escrow Agreement 

  

	    	Schedule 3 – Form of Transfer Deed 

  

	    	Schedule 4 – Deposit Escrow Agreement 

  

	    	Schedule 5 – Conduct of the COS Group Companies Pre Closing 

  

	    	Schedule 6 – Disclosure Letter 

  

	    	Schedule 7 – Form of Closing Confirmation Notice 

  
 46 

 Execution version 

 

 IN WITNESS WHEREOF, this Agreement has been duly executed. 

 

							
	SIGNED	  	)	  	SIGNATURE:	  	/s/ Luis M. Oliveira
	for and on behalf of	  	)	  		  	
	FAMÍLIA OLIVEIRA SÁ, SGPS, S.A.	  	)	  	NAME:	  	Luis M. Oliveira SÁ
				
	SIGNED	  	)	  	SIGNATURE:	  	/s/ Ira Glazer
	for and on behalf of	  	)	  		  	
	WRCA PORTUGAL SOCIEDADE	  	)	  	NAME:	  	Ira Glazer
	UNIPESSOAL LDA	  	)	  		  	

  
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 SCHEDULE 1 

DETAILS OF SALARIES AND BONUS PAYMENTS 
  

																					
	(All amounts in Euro)	  				  				  				  				  			
	 	  	Salaries and Bonus from 1/Jan/2010 until 1/Oct/2010	 
	 	  	Miguel Sá	 	  	Cristina Sá	 	  	Rodrigo Sá	 	  	José Luis Fonseca	 	  	Luis Sá	 
	 A.M.S.
	  				  				  				  				  			
	 YTD salaries (gross)
	  	 	10.870,00	  	  				  				  	 	10.870,00	  	  	 	10.870,00	  
	 Annual bonus (2009)*
	  	 	2.530,00	  	  				  				  	 	24.920,00	  	  	 	2.530,00	  
		  	 	 	 	  				  				  	 	 	 	  	 	 	 
	 YTD total €
	  	 	13.400,00	  	  				  				  	 	35.790,00	  	  	 	13.400,00	  
		  	 	 	 	  				  				  	 	 	 	  	 	 	 
	 C&L
	  				  				  				  				  			
	 YTD salaries (gross)
	  				  				  	 	8.000,00	  	  	 	8.000,00	  	  	 	8.000,00	  
	 Annual bonus (2009)*
	  				  				  	 	1.860,00	  	  	 	17.940,00	  	  	 	1.860,00	  
		  				  				  	 	 	 	  	 	 	 	  	 	 	 
	 YTD total €
	  				  				  	 	9.860,00	  	  	 	25.940,00	  	  	 	9.860,00	  
		  				  				  	 	 	 	  	 	 	 	  	 	 	 
	 COS
	  				  				  				  				  			
	 YTD salaries (gross)
	  	 	68.208,00	  	  	 	79.687,70	  	  	 	52.130,40	  	  	 	85.909,60	  	  	 	148.656,90	  
	 Annual Bonus (2009)*
	  	 	33.000,00	  	  	 	18.319,00	  	  	 	30.000,00	  	  	 	70.000,00	  	  	 	34.174,00	  
		  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 
	 YTD total €
	  	 	101.208,00	  	  	 	98.006,70	  	  	 	82.130,40	  	  	 	155.909,60	  	  	 	182.830,90	  
		  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 
	 YTD COS+AMS+C&L total €
	  	 	114.608,00	  	  	 	98.006,70	  	  	 	91.990,40	  	  	 	217.639,60	  	  	 	206.090,90	  
		  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 

  

	*	Annual bonus of 2009, paid in August 2010 

  

																					
	(All amounts in Euro)	  				  				  				  				  			
	 	  	Expected Salaries from 1/Oct/2010 until 30/Nov/2010	 
	 	  	Miguel Sá	 	  	Cristina Sá	 	  	Rodrigo Sá	 	  	José Luis Fonseca	 	  	Luis Sá	 
	 A.M.S.
	  				  				  				  				  			
	 YTD salaries (gross)
	  	 	2.174,00	  	  				  				  	 	2.174,00	  	  	 	2.174,00	  
		  	 	 	 	  				  				  	 	 	 	  	 	 	 
	 C&L
	  				  				  				  				  			
	 YTD salaries (gross)
	  				  				  	 	1.600,00	  	  	 	1.600,00	  	  	 	1.600,00	  
		  				  				  	 	 	 	  	 	 	 	  	 	 	 
	 COS
	  				  				  				  				  			
	 YTD salaries (gross)
	  	 	13.641,60	  	  	 	15.937,54	  	  	 	10.426,08	  	  	 	17.181,92	  	  	 	29.731,38	  
		  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 
	 YTD COS+AMS+C&L total €
	  	 	15.815,60	  	  	 	15.937,54	  	  	 	12.026,08	  	  	 	20.955,92	  	  	 	33.505,38	  
		  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 

  
 48 

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 SCHEDULE 2 

ESCROW AGREEMENT 

  
 49 

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 SCHEDULE 3 

FORM OF TRANSFER DEED 

This Deed is dated as of [day][month] 2010 (“Closing Date”) and entered by and between: 

FAMÍLIA OLIVEIRA SÁ, SGPS, S.A., a company organized under the laws of Portugal, whose registered office is located at Rua do
Outeiro, 906, Maia, Portugal, tax identification number and registered with the commercial registry of Maia under number 509 260 594, with a fully issued and paid-in share capital of € 50.000,00 (“Seller”); 

and 
 WRCA PORTUGAL – SOCIEDADE
UNIPESSOAL, LDA., a company organized under the laws of Portugal, whose registered office is located at Rua São João de Brito, 605E, 1.o, 1.2, Porto, Portugal, tax identification number and registered with the commercial
registry of Porto under number 509 579 442, with a fully issued and paid-in share capital of € 5.000,00 (“Buyer”); 

WHEREAS: 
  

	A)	The Seller is the sole shareholder of the Portuguese holding company “LUIS OLIVEIRA SÁ - SGPS, S.A.” (“HoldCo”), whose
registered office is located at Rua do Outeiro, 906, Maia, Porto, tax identification number and registered with the commercial registry of Maia under number 507 963 890, with a fully issued and paid-up share capital of € 62.500,00;

  

	B)	The share capital of the HoldCo is divided into 62.500 nominative shares with a par value of € 1.00 each, all of which are owned by the Seller (“HoldCo
Shares”); 

  

	C)	HoldCo owns, directly or indirectly: (a) 2.002.725 ordinary shares with a par value of € 5.00 each, representing 90% of the share capital and 100% of the
share voting capital of “Manuel Rodrigues de Oliveira Sá & Filhos, S.A.”, tax identification number and registered with the commercial registry of Maia under number 500 180 547, with registered office at Rua do Outeiro,
906, Maia, with a share capital of € 11.126.250,00, divided into 2.225.250 shares of € 5,00, each; (b) two quotas of € 80.000,00 and € 40.000,00, representing 100% of the fully issued and paid-up capital of “Albino,
Maia & Santos, Limitada”, tax identification number and registered with the commercial registry of Lisbon under number 500 013 918, with registered office at Rua dos Remolares, 28/38, Lisbon, with a share capital of € 120.000,00;
(c) two quotas of € 149.600,00 and € 400,00, representing 100% of the fully issued and paid-up capital of “Cabos & Lingas – Sociedade Portuguesa de Comércio, Limitada”, tax identification number and
registered with the commercial registry of Loures under number 502 040 157, with registered office at Urbanização da Portela, Avenida da República, 1-1/A, Portela, Loures, with a share capital of € 150.000,00;
(d) 3.000 shares representing 100% of the fully issued and paid-up share capital of “Oliveira Holland, B.V.”, tax identification number 801949749B01 and registered with the commercial registry of Rotterdam under number 24241025, with
registered office at Mandenmakerstraat 51, 3194 DA Hoogvliet, Rotterdam, with a issued and paid-up capital of € 1.361.340,65; 

  

	D)	The remaining 222.525 shares of “Manuel Rodrigues de Oliveira Sá & Filhos, S.A.”, representing 10% of its registered and fully paid-up share
capital are held by “Manuel Rodrigues de Oliveira Sá & Filhos, S.A.”, itself; 

  

	E)	The Seller made accessory contributions (“prestações acessórias de capital”) on the HoldCo Shares, such contributions amounting as
of the present date to a sum of € 19.459.350,00 (“Accessory Contributions”); 

  

	F)	The Seller also executed contributions (“suprimentos”) in HoldCo in the global amount of € 328.907,50 (“Shareholder Loans”);

  
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	G)	The Parties entered, on [date], into a share purchase agreement (“SPA”) by means of which the Seller has undertaken to sell, and the Buyer to
buy, the HoldCo Shares, the Accessory Contributions and Shareholder Loans subject to the terms and conditions set forth in the same agreement; 

  

	H)	According to the SPA, the agreement to sell and purchase the HoldCo Shares was conditional upon the satisfaction of the conditions mentioned in Clause 4 of the SPA,
having such conditions been met (or waived) by the Parties at the present date; 

  

	I)	In view of the above, and by this Deed, (i) the Seller desires to sell and transfer to the Buyer the HoldCo Shares as well as to assign to the latter the Accessory
Contributions and Shareholder Loans and (ii) the Buyer desires to purchase and accept from the Seller the HoldCo Shares as well as to take from the latter the full amount of the Accessory Contributions and the Shareholder Loans;

  

	J)	As far as the Parties are aware, there is no impediment or obstacle to the completion of this Deed; 

 

	K)	Save if expressly defined herein, capitalised words and expressions used in this Deed shall have the meaning ascribed to them in the SPA. 

IT IS HEREBY AGREED AS FOLLOWS: 

 

	1	Sale and Purchase of the HoldCo Shares 

  

	    	Pursuant and subject to the terms and conditions set forth in the SPA and hereof and relying upon the representations and warranties set forth in Clause 8 of the SPA
(each of which is hereby deemed to be repeated by the Parties with reference to the Closing Date), the Seller agrees to sell to the Buyer, who agrees to buy, the HoldCo Shares, which are sold free from any Liens and Encumbrances and together with
all rights and entitlements pertaining to them including, but not limited to, any reserves, retained earnings and undistributed profits as well as the right to receive all dividends or distributions declared, made or paid on or after the date of
this Deed. 

  

	2	Transfer of the Accessory Contributions and Shareholder Loans 

  

	    	Pursuant and subject to the terms and conditions set forth in the SPA and hereof and relying upon the representations and warranties set forth in Clause 8 of the SPA
(each of which is hereby deemed to be repeated by the Parties with reference to the date hereof), the Seller agrees to assign to the Buyer, who accepts, the Accessory Contributions and the Shareholder Loans, which are transferred free from any Liens
and Encumbrances. 

  

	3	Consideration 

  

	3.1	Purchase Price 

  

	    	As consideration for the transfer of the HoldCo Shares, the Accessory Contributions and the Shareholders Loans, the Buyer pays to the Seller a total amount of €
[•], of which € 19.459.350,00 are apportioned to the Accessory Contributions and € 328.907,50 to the Shareholder Loans, which are therefore assigned at their nominal value. 

 

	3.2	Payment of the Purchase Price 

  

	    	The Purchase Price is paid on this Closing Date to the Seller in accordance to the terms and conditions set forth in Clause 3 the SPA. 

  
 51 

 Execution version 

 

	4	Transfer of the HoldCo Shares, the Accessory Contributions and the Shareholder Loans 

 

	4.1	Perfection of the transfer of the HoldCo Shares, the Accessory Contributions and the Shareholders Loans takes place on this Closing Date for the full risk and
account of the Buyer, including the transfer of all their economic and voting rights. 

  

	4.2	The Parties hereby undertake to perform all further acts and do all that is required under Portuguese law in order to perfect, at the date hereof, the transfer
and assignment of the HoldCo Shares, the Accessory Contributions and the Shareholder Loans from the Seller to the Buyer and to do all acts and comply with all the formalities required for the purpose, namely the ones referred to in Clauses 2 and 7
of the SPA. 

  

	5	Miscellaneous 

  

	5.1	Notices: All notices, requests and other communications to any Party hereunder must be in writing and must be given, made or delivered (and will be
deemed to have been duly given, made or delivered upon receipt) by personal hand-delivery, by mailing the same in a sealed envelope, registered first-class mail, postage prepaid, with recorded delivery, addressed to the receiving Party at the
following address: 

  

	    	If to the Seller, to: 

  

	    	FAMÍLIA OLIVEIRA SÁ, SGPS, S.A. 

	    	[Address] 

  

	    	If to Buyer, to: 

  

	    	WRCA PORTUGAL – SOCIEDADE UNIPESSOAL, LDA. 

	    	[Address] 

  

	5.2	Waivers; Amendments: Any provision of this Deed may be amended or waived if, but only if, such amendment or waiver is in writing and is signed by both the
Seller and the Buyer. 

  

	5.3	Governing Law and Jurisdiction: This Deed and the documents to be entered into pursuant to it will be governed by and construed in
accordance with Portuguese law. Unless settled by mutual agreement, any dispute or difference whatsoever that might arise from the performance or as to the meaning of this Deed or as to any matter or items of whatsoever nature howsoever arising out
or in connection with this Deed, shall be irrevocably submitted to the exclusive jurisdiction of arbitration in accordance and subject to the Rules of Arbitration and Conciliation of the International Chamber of Commerce (“ICC”), as set
forth in [Clause 15] of the SPA. 

  

	5.4	Entire Agreement: This Deed is an integral part of the SPA and, therefore, shall not affect or limit any of the provisions of the SPA,
including those intended to remain applicable after Closing. Both this Deed and the SPA constitute the entire agreement between the Parties with respect to their subject matters and supersede all prior agreements and understandings, both oral and
written, between the Parties with respect to the subject matter of those same agreements. 

  

	5.5	Captions: The headings and captions contained herein are included for convenience of reference only and will not affect the construction or
interpretation of this Deed. 

  

	5.6	Further Assurances: If at any time after its execution any further action is necessary or desirable to carry out the
purposes of this Deed, each Party hereto will take such further action (including the execution and delivery of such further instruments and documents) as the other Party hereto reasonably may request, all at the sole cost and expense of the
requesting Party. 

  
 52 

 Execution version 

 

 IN WITNESS WHEREOF each of the
Parties has caused this Deed to be executed as of the date first set forth above. 
 On behalf of the Seller 

	
	
	  
	Name: [•]
	Title: [•]

 On behalf of the Buyer 

	
	
	  
	Name: [•]
	Title: [•]

  
 53 

 Execution version 

 

 SCHEDULE 4 

DEPOSIT ESCROW AGREEMENT 

  
 54 

 Execution version 

 

 SCHEDULE 5 

CONDUCT OF THE COS GROUP COMPANIES PRE CLOSING 
  

	1	From the date of this Agreement until Closing, the Seller shall use all reasonable endeavours to, procure that (except with WireCo’s prior written consent):

  

	 	1.1.1	the affairs of each COS Group Company are conducted only in the ordinary and usual course and that no COS Group Company makes or agrees to make any payment other
than routine payments in the ordinary and usual course of business and that all transactions between a COS Group Company and the Seller or its Affiliates take place on arm’s length terms; 

 

	 	1.1.2	all reasonable steps are taken to preserve and protect the assets of each COS Group Company and to preserve and retain its goodwill (including the existing
relationships with customers and suppliers, with the particular situation of Premier Wire Ropes Inc described in the Premier Wire Ropes Arrangement Description); 

 

	 	1.1.3	no COS Group Company (i) creates, allots or issues or agrees to create, allot, or issue any share or loan capital or other security; (ii) grants any
option over or right to subscribe for any share or loan capital or other security; or (iii) creates any Liens or Encumbrances over the Holdco Shares or the shares of any COS Group Company; 

 

	 	1.1.4	no COS Group Company enters into any agreement with any Tax authority, or makes any claim or election in respect of Tax or submits any Tax return or other Tax
document to any Tax authority other than the ones related to the application for SIFIDE Payments in respect of 2009 and 2010; 

  

	 	1.1.5	no COS Group Company or the Seller or any of its Affiliates sells or purchases or disposes of any interest in any share or loan capital or other security of any
COS Group Company; 

  

	 	1.1.6	no changes are made in terms of employment (including pension fund commitments) of the directors and employees of any COS Group Company other than those required
by law; 

  

	 	1.1.7	no COS Group Company employs or agrees to employ any new persons fully or part time other than if necessary for the replacement of current employees and no Key
Manager shall be dismissed from employment; and 

  

	 	1.1.8	no action is taken by the Seller or any of it Affiliates or any COS Group Company, which is inconsistent with the provisions of this Agreement or implementation
of the Transaction. 

  

	2	Pending Closing, the Seller shall procure that neither it nor its Affiliates or any COS Group Company agrees to or permits (except with WireCo’s prior
written consent): 

  

	 	2.1.1	any matter or action which is outside of the ordinary and usual course; 

 

	 	2.1.2	the reorganisation of any COS Group Company, or the discontinuance of any part of its business; 

  
 55 

 Execution version 

 

	 	2.1.3	any entry into or termination of any contract or arrangement, save for entry into any contracts for the purchase or sale of inventory in the ordinary and usual
course; 

  

	 	2.1.4	the incurrence or modification of any Indebtedness; 

  

	 	2.1.5	the institution or settlement of any litigation where it could result in a payment to or by a COS Group Company of an aggregate sum of €75,000 or more
except for collection in the ordinary course of trading debts, none of which individually exceeds €300,000; 

  

	 	2.1.6	the entry into or material modification of any agreement with any trade union or other body representing its employees or relating to any works council;

 For the purpose of this paragraph 2, “Indebtedness” means of any person, without duplication: 

 

	 	(i)	indebtedness for borrowed money or indebtedness issued or incurred in substitution or exchange for indebtedness for borrowed money; 

 

	 	(ii)	amounts owing under any conditional sale or other title retention agreement or as deferred purchase price for property or services, including all seller notes and
“earn-out” payments; 

  

	 	(iii)	indebtedness evidenced by any note, bond, debenture, mortgage or other debt instrument or debt security, 

 

	 	(iv)	obligations under any interest rate, currency or other hedging agreement; 

  

	 	(v)	obligations under any performance bond or letter of credit, but only to the extent drawn or called prior to the Closing; 

 

	 	(vi)	all capitalised lease obligations required to be recorded as capitalised leases under PGAAP 

 

	 	(vii)	keep-well agreements or similar obligations; 

  

	 	(viii)	guarantees with respect to any indebtedness of any other person of a type described in clauses (i) through (vii) above, and 

 

	 	(ix)	for clauses (i) through (viii) above, all accrued interest thereon, if any, and any termination fees, prepayment penalties, “breakage” cost or
similar payments associated with the repayments of such Indebtedness on the Closing Date. 

  

	3	Access to management, books, records and information 

  

	3.1	From the date of this Agreement until Closing, the Seller shall use all reasonable endeavours to procure that, subject to clause 12 (Confidentiality),
WireCo’s representatives shall be allowed such access as is reasonably requested, upon reasonable notice and during Working Hours: 

  

	 	3.1.1	to the management of each COS Group Company. 

  

	 	3.1.2	to books and records of each COS Group Company (including all statutory books, minute books, leases and contracts). 

 

	3.2	WireCo shall have no access to information (other than information which was provided during the Due Diligence) which can reasonably be classified as competitive
such as purchasing prices, margins, supplier lists and customer lists. 

  
 56 

 Execution version 

 

 SCHEDULE 6 

DISCLOSURE LETTER 

  
 57 

 Execution version 

 

 SCHEDULE 7 

FORM OF CLOSING CONFIRMATION NOTICE 
 To: [insert name and address of Deposit Escrow Agent] 
 Date: 

Dear Sirs 
 Closing Confirmation Notice

 We refer to the deposit escrow agreement dated [•] between Família Oliveira Sá, SGPS, S.A., WRCA Portugal Sociedade
Unipessoal LDA and [insert name of Deposit Escrow Agent] (the Deposit Escrow Agreement). Words and expressions used in this notice shall have the meanings as defined in the Deposit Escrow Agreement. 

This Closing Confirmation Notice is being provided to you in accordance with clause 4.1 of the Deposit Escrow Agreement. 

We hereby inform you that Closing has occurred and, in accordance with clause 3.1(a) of the Deposit Escrow Agreement, you are instructed to pay the full
Deposit Escrow Amount to the Seller. 
 Signed: 
  

					
	 	 		  	 
	 For and on behalf of

Família Oliveira Sá, SGPS, S.A.
	 		  	 For and on behalf of

WRCA Portugal Sociedade Unipessoal LDA

  
 58Purchase Agreement for 9.5% Senior Notes

 Exhibit 10.13(a) 

Execution Copy 
 WireCo WorldGroup Inc. 
 $275,000,000 

9.5% Senior Notes due 2017 
  

 
 Purchase Agreement

 May 14, 2010 
 Goldman, Sachs & Co. 
 J.P. Morgan Securities Inc. 

As representatives of the several Purchasers 
 named in Schedule I hereto, 
 c/o Goldman, Sachs & Co. 

200 West Street 
 New York, New York 10282-2198

 Ladies and Gentlemen: 
 WireCo
WorldGroup Inc., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the Purchasers named in Schedule I hereto (the “Purchasers”) an aggregate of $275,000,000
principal amount of the 9.5% Senior Notes due 2017 (the “Securities”). 
  

	1.	The Company and each of the guarantors (each a “Guarantor,” and collectively, the “Guarantors”) represents and warrants to, and agrees with, each of
the Purchasers that: 

  

	 	(a)	A preliminary offering circular, dated May 4, 2010 (the “Preliminary Offering Circular”) and an offering circular, dated May 14, 2010 (the
“Offering Circular”), have been prepared in connection with the offering of the Securities. The Preliminary Offering Circular, as amended and supplemented immediately prior to the Applicable Time (as defined in Section 1(b)), is
hereinafter referred to as the “Pricing Circular.” 

 The Preliminary Offering Circular or the Offering
Circular and any amendments or supplements thereto approved in writing by the Company did not and will not, as of their respective dates, contain an untrue statement of a material fact or omit to state a material fact necessary in order to make the
statements therein, in the light of the circumstances under which they were made, not misleading; provided, however, that this representation and warranty shall not apply to any statements or omissions made in reliance upon and in
conformity with information furnished in writing to the Company and the Guarantors by a Purchaser expressly for use therein; 

	 	(b)	For the purposes of this Agreement, the “Applicable Time” is 11:40 a.m. (Eastern time) on the date of this Agreement; the Pricing Circular as supplemented by
the information set forth in Schedule III hereto, taken together (collectively, the “Pricing Disclosure Package”) as of the Applicable Time, did not include any untrue statement of a material fact or omit to state any material fact
necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; and as of the Applicable Time each Company Supplemental Disclosure Document (as defined in Section 6(a)(ii)), if
any, listed on Schedule II(a) hereto does not conflict with the information contained in the Pricing Circular or the Offering Circular and each such Company Supplemental Disclosure Document, as supplemented by and taken together with the
Pricing Disclosure Package as of the Applicable Time, did not include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they
were made, not misleading; provided, however, that this representation and warranty shall not apply to statements or omissions made in a Company Supplemental Disclosure Document in reliance upon and in conformity with information furnished in
writing to the Company or the Guarantors by a Purchaser expressly for use therein; 

  

	 	(c)	Except as would not reasonably be expected to result in a Material Adverse Effect, (i) neither the Company nor any of its subsidiaries has sustained since the date
of the latest audited financial statements included in the Pricing Circular any loss or interference with its business from fire, explosion, flood or other calamity, whether or not covered by insurance, or from any labor dispute or court or
governmental action, order or decree, otherwise than as set forth or contemplated in the Pricing Circular; and, (ii) since the respective dates as of which information is given in the Pricing Circular, there has not been any change in the
capital stock or long-term debt of the Company or any of its subsidiaries or any adverse change, or any development involving a prospective adverse change, in or affecting the general affairs, management, financial position, stockholders’
equity or results of operations of the Company and its subsidiaries, otherwise than as set forth or contemplated in the Pricing Circular; 

  

	 	(d)	The Company and its subsidiaries have good and marketable title in fee simple to all real property and good and marketable title to all personal property owned by them,
in each case free and clear of all liens, encumbrances and defects except such as are described in the title insurance policies for such properties or in the Pricing Circular or such as do not materially affect the value of such property and do not
materially interfere with the use made and proposed to be made of such property by the Company and its subsidiaries; and any real property and buildings held under lease by the Company and its subsidiaries are held by them under valid, subsisting
and enforceable leases with such exceptions as are not material and do not materially interfere with the use made and proposed to be made of such property and buildings by the Company and its subsidiaries; 

 

	 	(e)	 Each of the Company and the Guarantors has been duly incorporated and is validly existing as a corporation in good standing under the laws of its
respective jurisdiction of incorporation, with power and authority (corporate and other) to own its properties and conduct its business as described in the Pricing Circular, and has been duly qualified as a foreign corporation for the transaction of
business and is in good standing under the laws of each other jurisdiction in which it owns or leases properties or conducts any business so as to require such qualification, or is subject to no material liability or disability by reason of the

  
 2 

	 	 
failure to be so qualified or in good standing in any such jurisdiction; and each subsidiary of the Company and of each of the Guarantors has been duly incorporated and is validly existing as a
corporation in good standing under the laws of its jurisdiction of incorporation, except where the failure to be so qualified would not reasonably be expected to result in a material adverse effect on the business, properties, financial condition or
results of operations of the Company or the Guarantors or any of the respective subsidiaries, taken as a whole (any such circumstances or event, a “Material Adverse Effect”); 

 

	 	(f)	The Company has an authorized capitalization as set forth in the Pricing Circular, and all of the issued shares of capital stock of the Company have been duly and
validly authorized and issued and are fully paid and non-assessable; and all of the issued shares of capital stock of each wholly owned subsidiary of the Company have been duly and validly authorized and issued, are fully paid and non-assessable and
(unless otherwise set forth in the Pricing Circular) are owned directly or indirectly by the Company, free and clear of all liens, encumbrances, equities or claims; 

 

	 	(g)	The Securities have been duly authorized and, when issued and delivered pursuant to this Agreement, will have been duly executed, authenticated, issued and delivered
and will constitute valid and legally binding obligations of the Company and of each of the Guarantors entitled to the benefits provided by the Indenture to be dated as of May 19, 2010 (the “Indenture”) by and among the Company, the
Guarantors and U.S. Bank National Association, as trustee (the “Trustee”), under which they are to be issued, which will be substantially in the form previously delivered to Goldman, Sachs & Co. and J.P. Morgan Securities Inc. (or
collectively, “you”); the Indenture, when executed and delivered by the Company, each of the Guarantors and the Trustee, will be duly authorized and constitute a valid and legally binding instrument, enforceable in accordance with its
terms, subject, as to enforcement, to bankruptcy, insolvency, reorganization and other laws of general applicability relating to or affecting creditors’ rights and to general equity principles; and the Securities and the Indenture will conform
to the descriptions thereof in the Pricing Disclosure Package and the Offering Circular; 

  

	 	(h)	The Exchange and Registration Rights Agreement to be dated as of May 19, 2010 (the “Registration Rights Agreement”), which will be substantially in the
form previously delivered to you, as of the Time of Delivery (as defined herein), will have been duly authorized and executed and delivered by the Company and each of the Guarantors, and will constitute a valid and legally binding instrument
enforceable in accordance with its terms, subject, as to enforcement, to bankruptcy, insolvency, reorganization and other laws of general applicability relating to or affecting creditors’ rights and to general equity principles; and the
Registration Rights Agreement will conform to the descriptions thereof in the Pricing Disclosure Package and the Offering Circular; 

  

	 	(i)	None of the transactions contemplated by this Agreement (including, without limitation, the use of the proceeds from the sale of the Securities) will violate or result
in a violation of Section 7 of the United States Securities Exchange Act of 1934, as amended (the “Exchange Act”), or any regulation promulgated thereunder, including, without limitation, Regulations T, U, and X of the Board of
Governors of the Federal Reserve System; 	 

  
 3 

	 	(j)	Prior to the date hereof, neither the Company nor any of its affiliates, including each of the Guarantors, has taken any action which is designed to or which has
constituted or which might have been expected to cause or result in stabilization or manipulation of the price of any security of the Company in connection with the offering of the Securities; 

 

	 	(k)	The issue and sale of the Securities and the compliance by the Company with all of the provisions of the Securities, the Indenture, the Registration Rights Agreement
and this Agreement and the consummation of the transactions herein and therein contemplated will not conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a default under, any indenture, mortgage, deed
of trust, loan agreement or other agreement or instrument to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries is bound or to which any of the property or assets of the Company or any of its
subsidiaries is subject, nor will such action result in any violation of the provisions of the Certificate of Incorporation or By-laws of the Company or any statute or any order, rule or regulation of any court or governmental agency or body having
jurisdiction over the Company or any of its subsidiaries or any of their properties; and no consent, approval, authorization, order, registration or qualification of or with any such court or governmental agency or body is required for the issue and
sale of the Securities or the consummation by the Company of the transactions contemplated by this Agreement, the Indenture or the Registration Rights Agreement, except for the filing of a registration statement by the Company with the Securities
and Exchange Commission (the “Commission”), pursuant to the United States Securities Act of 1933, as amended (the “Act”) pursuant to the Registration Rights Agreement, and such consents, approvals, authorizations, registrations
or qualifications as may be required under state securities or Blue Sky laws in connection with the purchase and distribution of the Securities by the Purchasers, except, with respect to any of the foregoing (other than the violation of the
provisions of the Certificate of Incorporation or By-laws of the Company), as would not reasonably be expected to result in a Material Adverse Effect or as would not have a material adverse effect on the ability of each of the Company and the
Guarantors to perform its obligations under this Agreement; 

  

	 	(l)	Neither the Company nor any of its subsidiaries is in violation of its Certificate of Incorporation or By-laws or, except as would not reasonably be expected to result
in a Material Adverse Effect, is in default in the performance or observance of any obligation, covenant or condition contained in any indenture, mortgage, deed of trust, loan agreement, lease or other agreement or instrument to which it is a party
or by which it or any of its properties may be bound; 

  

	 	(m)	The statements set forth in the Pricing Circular and the Offering Circular under the caption “Description of Notes,” insofar as they purport to constitute a
summary of the terms of the Securities, are accurate, complete and fair; 

  

	 	(n)	Other than as set forth in the Pricing Circular, there are no legal or governmental proceedings pending to which the Company, any of its subsidiaries or any of the
Guarantors is a party or of which any property of the Company, any of its subsidiaries or any of the Guarantors is the subject which, individually or in the aggregate, is reasonably expected to result in a Material Adverse Effect or as would not
have a material adverse effect on the ability of each of the Company and the Guarantors to perform its obligations under this Agreement; and, to the best of the knowledge of the Company and each of the Guarantors, no such proceedings are threatened
or contemplated by governmental authorities or threatened by others; 

  
 4 

	 	(o)	When the Securities are issued and delivered pursuant to this Agreement, the Securities will not be of the same class (within the meaning of Rule 144A under the Act) as
securities which are listed on a national securities exchange registered under Section 6 of the Exchange Act or quoted in a U.S. automated inter-dealer quotation system; 

 

	 	(p)	The Company is not, and after giving effect to the offering and sale of the Securities and the application of the proceeds thereof, will not be an “investment
company”, as such term is defined in the United States Investment Company Act of 1940, as amended (the “Investment Company Act”); 

  

	 	(q)	Neither the Company nor any of the Guarantors, nor any person acting on behalf of the Company or any of the Guarantors, has offered or sold the Securities by means of
any general solicitation or general advertising within the meaning of Rule 502(c) under the Act or, with respect to Securities sold outside the United States to non-U.S. persons (as defined in Rule 902 under the Act), by means of any directed
selling efforts within the meaning of Rule 902 under the Securities Act and the Company and any affiliate of the Company, including each of the Guarantors, and any person acting on its or their behalf has complied with and will implement the
“offering restriction” within the meaning of such Rule 902; 

  

	 	(r)	Within the preceding six months, neither the Company nor the Guarantors, nor any other person acting on behalf of either the Company or the Guarantors, has offered or
sold to any person any Securities, or any securities of the same or a similar class as the Securities, other than Securities offered or sold to the Purchasers hereunder. The Company and each of the Guarantors will take reasonable precautions
designed to insure that any offer or sale, direct or indirect, in the United States or to any U.S. person (as defined in Rule 902 under the Act) of any Securities or any substantially similar security issued by the Company or any Guarantor, within
six months subsequent to the date on which the distribution of the Securities has been completed (as notified to the Company by Goldman, Sachs & Co.), is made under restrictions and other circumstances reasonably designed not to affect the
status of the offer and sale of the Securities in the United States and to U.S. persons contemplated by this Agreement as transactions exempt from the registration provisions of the Securities Act; 

 

	 	(s)	The Company maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with
management’s general or specific authorization; (ii) transactions are recorded as necessary to permit preparation of financial statements in material conformity with generally accepted accounting principles (“GAAP”); and
(iii) access to assets is permitted only in accordance with management’s general or specific authorization; 

  

	 	(t)	Since the date of the latest audited financial statements included in the Pricing Circular, there has been no change in the Company’s internal control over
financial reporting that has materially adversely affected, or is reasonably likely to materially adversely affect, the Company’s internal control over financial reporting; 

  
 5 

	 	(u)	The Company maintains disclosure controls and procedures that have been designed to ensure that material information relating to the Company and its subsidiaries is
made known to the Company’s principal executive officer and principal financial officer by others within those entities; and such disclosure controls and procedures are effective; and 

 

	 	(v)	KPMG, which has audited certain financial statements of the Company and its subsidiaries is an independent registered public accounting firm as required by the Act and
the rules and regulations of the Commission thereunder. 

  

	 	(w)	Other than as set forth in the Pricing Circular and except as would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse
Effect: (i) neither the Company nor any of its subsidiaries is, to the Company’s knowledge, or has been, in violation of any U.S. federal, state, local or foreign law (including common law), regulation, rule, requirement, decision or order
relating to pollution or protection of human health, the environment (including, without limitation, ambient air, surface water, groundwater, land surface or subsurface strata), natural resources, or wildlife, including, without limitation, laws and
regulations relating to emissions, discharges, releases or threatened releases of pollutants, contaminants, wastes, toxic substances, hazardous substances, petroleum and petroleum products (collectively, “Materials of Environmental
Concern”), or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport, or handling of, or exposure to, Materials of Environmental Concern (collectively, “Environmental
Laws”), which violation includes, without limitation, noncompliance with any permits or other governmental authorizations required for the operation of the business of the Company or its subsidiaries under applicable Environmental Laws,
nor has the Company or any of its subsidiaries received any written communication, whether from a governmental authority, citizens group, employee or otherwise, that alleges that the Company or any of its subsidiaries is in violation of any
Environmental Law, (ii) there is no claim, action or cause of action filed with a court or governmental authority, no investigation with respect to which the Company or any of its subsidiaries has received written notice, and no written notice
by any person or entity alleging potential liability for investigatory costs, cleanup costs, governmental response costs, natural resources damages, property damages, personal injuries, attorneys’ fees or penalties arising out of, based on or
resulting from the presence, or release into the environment, of any Material of Environmental Concern at any location owned, leased or operated by the Company or any of its subsidiaries, now or in the past (collectively, “Environmental
Claims”) pending or, to the knowledge of the Company or any of the Guarantors, threatened in writing against the Company or any of its subsidiaries or any person or entity whose liability for any Environmental Claim the Company or any of its
subsidiaries has retained or assumed either contractually or by operation of law and (iii) to the knowledge of the Company or any of the Guarantors, there are no past or present actions, activities, circumstances, conditions, events or
incidents, including, without limitation, the release, emission, discharge, presence or disposal of any Material of Environmental Concern, that would be reasonably expected to result in a violation of any Environmental Law or form the basis of a
potential Environmental Claim against the Company or any of its subsidiaries or any person or entity whose liability for any Environmental Claim the Company or any of its subsidiaries has retained or assumed either contractually or by operation of
law; 

  
 6 

	 	(x)	Except as would not reasonably be expected to result in a Material Adverse Effect, the Company and each of its subsidiaries, and each of the Guarantors, own or possess
sufficient intellectual property and proprietary rights, including, without limitation, trademarks, service marks, trade names, patent rights, copyrights, licenses, approvals, trade secrets and all other similar rights (collectively, the
“Intellectual Property Rights”) reasonably necessary to conduct their business as now conducted and the expected expiration of any of such Intellectual Property Rights would not result in a Material Adverse Effect. Neither the Company nor
any of its subsidiaries, nor any of the Guarantors, has received any notice of infringements or conflict with asserted Intellectual Property Rights which would reasonably be expected to result in a Material Adverse Effect; 

 

	 	(y)	Except as would not, individually or in the aggregate, result in a Material Adverse Effect: (i) the Company and each of its subsidiaries, and each of the
Guarantors, have filed all U.S. federal, state and foreign income and franchise tax returns required to be filed by any of them or have properly requested extensions thereof, and have paid all taxes required to be paid by any of them and, if due and
payable, any related or similar assessment, fine or penalty levied against any of them, except, in each case, with respect to matter for which adequate accruals or reserves have been established, in accordance with GAAP or matters that are being
contested in good faith and by appropriate proceedings; and (ii) the Company has made adequate charges, accruals and reserves, in accordance with GAAP, in its consolidated financial statements contained in the Offering Circular in respect of
all U.S. federal, state and foreign income and franchise taxes for all periods as to which the tax liabilities of the Company or any of its subsidiaries, and of each of the Guarantors, has not been finally determined; 

 

	 	(z)	No material labor dispute with the employees of the Company or any of its subsidiaries exists or, to the Company’s and each Guarantor’s knowledge, is
threatened; 

  

	 	(aa)	Neither the Company nor any of its subsidiaries, nor, to the knowledge of the Company and the Guarantors, any director, officer, agent, employee or other representative
acting on behalf of the Company or any of its subsidiaries, has taken any action in furtherance of an offer, payment, promise to pay, or authorization or approval of the payment or giving of money, property, gifts or anything else of value, directly
or indirectly, to any government official or employee to influence official action or secure an improper advantage that would constitute a violation of the Foreign Corrupt Practices Act of 1977; 

 

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

  
 7 

	 	(cc)	Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company and the Guarantors, any director, officer, agent, employee or affiliate of the
Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”). The Company will not directly or indirectly use the proceeds of
the offering contemplated hereby, or lend, contribute or otherwise make available such proceeds to any person currently subject to any U.S. sanctions administered by OFAC. 

 

	2.	Subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each of the Purchasers, and each of the Purchasers agrees, severally and
not jointly, to purchase from the Company, at a purchase price of 95.3346% of the principal amount thereof, plus accrued interest, if any, from May 19, 2010 to the Time of Delivery hereunder, the principal amount of Securities set forth
opposite the name of such Purchaser in Schedule I hereto. 

  

	3.	Upon the authorization by you of the release of the Securities, the several Purchasers propose to offer the Securities for sale upon the terms and conditions set forth
in this Agreement and the Offering Circular and each Purchaser hereby represents and warrants to, and agrees with the Company and each of the Guarantors that: 

 

	 	(a)	It will offer and sell the Securities only to (i) persons who it reasonably believes are “qualified institutional buyers” (“QIBs”) within the
meaning of Rule 144A under the Act in transactions meeting the requirements of Rule 144A, (ii) institutions which it reasonably believes are “accredited investors” (“Institutional Accredited Investors”) within the meaning of
Rule 501 under the Act or (iii) upon the terms and conditions set forth in Annex I to this Agreement; 

  

	 	(b)	It is an Institutional Accredited Investor; and 

  

	 	(c)	It has not offered or sold, and will not offer or sell, the Securities by any form of general solicitation or general advertising, including but not limited to the
methods described in Rule 502(c) under the Act. 

  

	4.(a)	 The Securities to be purchased by each Purchaser hereunder will be represented by one or more definitive global Securities in book-entry form which
will be deposited by or on behalf of the Company with The Depository Trust Company (“DTC”) or its designated custodian. The Company will deliver the Securities to Goldman, Sachs & Co., for the account of each Purchaser, against
payment by or on behalf of such Purchaser of the purchase price therefor by wire transfer in Federal (same day) funds, by causing DTC to credit the Securities to the account of Goldman, Sachs & Co. at DTC. The Company will cause the
certificates representing the Securities to be made available to Goldman, Sachs & Co. for checking at least twenty-four hours prior to the Time of Delivery (as defined below) at the office of Wachtell, Lipton, Rosen & Katz, 51 W.
52nd Street, New York, New York 10019 (the “Closing
Location”). The time and date of such delivery and payment shall be 9:30 a.m., Eastern time, on May 19, 2010 or such other time and date as Goldman, Sachs & Co. and the Company may agree upon in writing. Such time and date are
herein called the “Time of Delivery.” 

  

	 	(b)	 The documents to be delivered at the Time of Delivery by or on behalf of the parties hereto including a cross-receipt for the Securities and those
documents required to be delivered pursuant to Section 8 hereof, will be delivered at such time and date at the Closing Location, 

  
 8 

	 	 
and the Securities will be delivered at DTC or its designated custodian, all at the Time of Delivery. A meeting will be held at the Closing Location at 5:00 p.m., Eastern time, on the New York
Business Day next preceding the Time of Delivery, at which meeting the final drafts of the documents to be delivered pursuant to the preceding sentence will be available for review by the parties hereto. For the purposes of this Section 4,
“New York Business Day” shall mean each Monday, Tuesday, Wednesday, Thursday and Friday, which is not a day on which banking institutions in New York are generally authorized or obligated by law or executive order to close.

  

	5.	The Company and each of the Guarantors agrees with each of the Purchasers: 

 

	 	(a)	To prepare the Offering Circular in a form reasonably approved by counsel to the Purchasers; to make no amendment or any supplement to the Offering Circular which shall
be reasonably disapproved by you promptly after reasonable notice thereof; and to furnish you with copies thereof as reasonably requested; 

  

	 	(b)	Promptly from time to time to take such action as you may reasonably request to qualify the Securities for offering and sale under the securities laws of such
jurisdictions as you may request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the distribution of the Securities, provided that in
connection therewith none of the Company or the Guarantors shall be required to qualify as a foreign corporation or to file a general consent to service of process or become subject to taxation in any jurisdiction in which it is not otherwise so
subject; 

  

	 	(c)	To furnish the Purchasers with written and electronic copies of the Offering Circular in such quantities as you may from time to time reasonably request, and if, at any
time prior to the earlier of the expiration of nine months after the date of the Offering Circular and the date that all the Securities have been resold by the Purchasers, any event shall have occurred as a result of which (in the reasonable
judgment of counsel to the Company and counsel to the Purchasers) the Offering Circular as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements
therein, in the light of the circumstances under which they were made when such Offering Circular is delivered, not misleading, to notify you and upon your request to prepare and furnish without charge to each Purchaser and to any dealer in
securities as many written and electronic copies as you may from time to time reasonably request of an amended Offering Circular or a supplement to the Offering Circular which will correct such statement or omission; 

 

	 	(d)	During the period beginning from the date hereof and continuing until the date six months after the Time of Delivery, not to offer, sell, contract to sell or otherwise
dispose of, except as provided hereunder any securities of the Company that are substantially similar to the Securities without the prior written consent of Goldman, Sachs & Co.; 

 

	 	(e)	Not to be or become, at any time prior to the expiration of two years after the Time of Delivery, an open-end investment company, unit investment trust, closed-end
investment company or face-amount certificate company that is or is required to be registered under Section 8 of the Investment Company Act; 

  
 9 

	 	(f)	At any time when the Company is not subject to Section 13 or 15(d) of the Exchange Act, for the benefit of holders from time to time of Securities, to furnish at
its expense, upon request, to holders of Securities and prospective purchasers of securities information (the “Additional Issuer Information”) satisfying the requirements of subsection (d)(4)(i) of Rule 144A under the Act;

  

	 	(g)	During the period of two years after the Time of Delivery, the Company and the Guarantors will not, and will not permit any of its “affiliates” (as defined in
Rule 144 under the Securities Act) that it controls to, resell any of the Securities which constitute “restricted securities” under Rule 144 that have been reacquired by any of them; and 

 

	 	(h)	To use the net proceeds received by it from the sale of the Securities pursuant to this Agreement in the manner specified in the Pricing Circular under the caption
“Use of Proceeds.” 

  

	6.	

  

	 	(a)	(i) Each of the Company and the Guarantors represents and agrees that, without the prior consent of Goldman, Sachs & Co., it has not made and will not
make any offer relating to the Securities that, if the offering of the Securities contemplated by this Agreement were conducted as a public offering pursuant to a registration statement filed under the Act with the Commission, would constitute an
“issuer free writing prospectus,” as defined in Rule 433 under the Act (any such offer is hereinafter referred to as a “Company Supplemental Disclosure Document”); 

(ii) each Purchaser represents and agrees that, without the prior consent of the Company and Goldman, Sachs & Co., other than one
or more term sheets relating to the Securities containing customary information consistent with the information in the Offering Circular and conveyed to purchasers of securities, it has not made and will not make any offer relating to the Securities
that, if the offering of the Securities contemplated by this Agreement were conducted as a public offering pursuant to a registration statement filed under the Act with the Commission, would constitute a “free writing prospectus,” as
defined in Rule 405 under the Act (any such offer (other than any such term sheets), is hereinafter referred to as a “Purchaser Supplemental Disclosure Document”); and 

(iii) any Company Supplemental Disclosure Document or Purchaser Supplemental Disclosure Document the use of which has been consented to by
the Company and Goldman, Sachs & Co. is listed on Schedule II(a) hereto. 
  

	7.	 The Company covenants and agrees with the several Purchasers that the Company will pay or cause to be paid the following: (i) the fees,
disbursements and expenses of the Company’s counsel and accountants in connection with the issue of the Securities and all other expenses in connection with the preparation, printing, reproduction and filing of the Preliminary Offering Circular
and the Offering Circular and any amendments and supplements thereto and the mailing and delivering of copies thereof to the Purchasers and dealers; (ii) the cost of printing or producing this Agreement, the Indenture, the Registration Rights
Agreement, the Blue Sky Circular, closing documents (including any compilations thereof) and any other documents in connection with the offering, purchase, sale and delivery of the Securities; (iii) all expenses in connection with the

  
 10 

	 	 
qualification of the Securities for offering and sale under state securities laws as provided in Section 5(b) hereof, including the reasonable fees and disbursements of counsel for the
Purchasers in connection with such qualification and in connection with the Blue Sky and legal investment surveys; (iv) any fees charged by securities rating services for rating the Securities; (v) the cost of preparing the Securities;
(vi) the fees and expenses of the Trustee and any agent of the Trustee and the fees and disbursements of counsel for the Trustee in connection with the Indenture and the Securities; and (vii) all other costs and expenses incident to the
performance of its obligations hereunder which are not otherwise specifically provided for in this Section. It is understood, however, that, except as provided in this Section, and Sections 9 and 12 hereof, the Purchasers will pay all of their own
costs and expenses, including the fees of their counsel, transfer taxes on resale of any of the Securities by them, and any advertising expenses connected with any offers they may make. 

 

	8.	The obligations of the Purchasers hereunder shall be subject, in their discretion, to the condition that all representations and warranties of the Company and of each
of the Guarantors herein are, at and as of the Time of Delivery, true and correct in all material respects (unless already qualified by materiality, in which case such representation or warranty shall be true and correct in all respects), the
condition that the Company and each of the Guarantors shall have performed all of its obligations hereunder theretofore to be performed, and the following additional conditions: 

 

	 	(a)	Latham & Watkins LLP, counsel for the Purchasers, shall have furnished to you such opinion or opinions, dated the Time of Delivery, with respect to such
matters as you may reasonably request, and such counsel shall have received such papers and information as they may reasonably request to enable them to pass upon such matters; 

 

	 	(b)	Wachtell, Lipton, Rosen & Katz, counsel for the Company, shall have furnished to you their written opinion, dated the Time of Delivery, substantially in the
form set forth in Annex II; 

  

	 	(c)	Each of the local counsel for the Company in the respective jurisdictions listed on Annex III hereto shall have furnished you their written opinion, dated the Time of
Delivery, substantially in the forms set forth in Attachment A to this Agreement; 

  

	 	(d)	On the date of the Offering Circular prior to the execution of this Agreement and also at the Time of Delivery, KPMG shall have furnished to you a letter, dated the
respective dates of delivery thereof, substantially in the form set forth in Annex IV and Annex V, respectively, hereto; 

  

	 	(e)(i)	 Neither the Company nor any of its subsidiaries shall have sustained since the date of the latest audited financial statements included in the Pricing
Circular any loss or interference with its business from fire, explosion, flood or other calamity, whether or not covered by insurance, or from any labor dispute or court or governmental action, order or decree, otherwise than as set forth or
contemplated in the Pricing Circular, and (ii) since the respective dates as of which information is given in the Pricing Circular, there shall not have been any change in the capital stock or long-term debt of the Company or any of its
subsidiaries or any change, or any development involving a prospective change, in or affecting the general affairs, management, financial position, stockholders’ equity or results of operations of the Company and its subsidiaries, otherwise
than as set forth or contemplated in the Pricing Circular, the effect of which, in any such case described in 

  
 11 

	 	 
clause (i) or (ii), is, or would be expected to become, in your reasonable judgment, so material and adverse as to make it impracticable or inadvisable to proceed with the offering or the
delivery of the Securities on the terms and in the manner contemplated in this Agreement and in the Offering Circular; 

  

	 	(f)	On or after the Applicable Time (i) no downgrading shall have occurred in the rating accorded the Securities by any “nationally recognized statistical rating
organization”, as that term is defined by the Commission for purposes of Rule 436(g)(2) under the Act, and (ii) no such organization shall have publicly announced that it has under surveillance or review, with possible negative
implications, its rating of any of the Securities; 

  

	 	(g)	On or after the Applicable Time there shall not have occurred any of the following: (i) a suspension or material limitation in trading in securities generally on
the New York Stock Exchange; (ii) a general moratorium on commercial banking activities declared by either Federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in
the United States; (iii) the outbreak or escalation of hostilities involving the United States or the declaration by the United States of a national emergency or war; or (iv) the occurrence of any other calamity or crisis, if the effect of
any such event is, in your reasonable judgment, so material and adverse as to make it impracticable or inadvisable to proceed with the offering or the delivery of the Securities on the terms and in the manner contemplated in the Offering Circular;

  

	 	(h)	The Purchasers shall have received a counterpart of the Registration Rights Agreement that shall have been executed and delivered by a duly authorized officer of the
Company and of each of the Guarantors; and 

  

	 	(i)	The Company and each of the Guarantors shall have furnished or caused to be furnished to you at the Time of Delivery certificates of officers of the Company and of each
of the Guarantors satisfactory to you as to the accuracy in all material respects (unless already qualified by materiality, in which case such representation or warranty shall be true and correct in all respects) of the representations and
warranties of the Company and each of the Guarantors herein at and as of such Time of Delivery, as to the performance by each of the Company and the Guarantors of all of its obligations hereunder to be performed at or prior to such Time of Delivery,
and as to the matters set forth in subsection (e) of this Section. 

  

	9.    (a)	 The Company will indemnify and hold harmless each Purchaser against any losses, claims, damages or liabilities, joint or several, to which such
Purchaser may become subject, under the Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon an untrue statement or alleged untrue statement of a material fact
contained in any Preliminary Offering Circular, the Pricing Circular, the Offering Circular, or any amendment or supplement thereto, any Company Supplemental Disclosure Document, or arise out of or are based upon the omission or alleged omission to
state therein a material fact necessary to make the statements therein not misleading, and will reimburse each Purchaser for any legal or other expenses reasonably incurred by such Purchaser in connection with investigating or defending any such
action or claim as such expenses are incurred; provided, however, that the Company and the Guarantors shall not be liable in any such case to the extent that any such loss,

  
 12 

	 	 
claim, damage or liability arises out of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission made in any Preliminary Offering Circular, the Pricing
Circular, the Offering Circular or any such amendment or supplement, or any Company Supplemental Disclosure Document, in reliance upon and in conformity with written information furnished to the Company or to the Guarantors by any Purchaser through
Goldman, Sachs & Co. expressly for use therein. 

  

	 	(b)	Each Purchaser will, severally and not jointly, indemnify and hold harmless the Company and each of the Guarantors against any losses, claims, damages or liabilities to
which the Company or any of the Guarantors may become subject, under the Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon an untrue statement or alleged untrue
statement of a material fact contained in any Preliminary Offering Circular, the Pricing Circular, the Offering Circular, or any amendment or supplement thereto, or any Company Supplemental Disclosure Document, or arise out of or are based upon the
omission or alleged omission to state therein a material fact or necessary to make the statements therein not misleading, in each case to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission or
alleged omission was made in any Preliminary Offering Circular, the Pricing Circular, the Offering Circular or any such amendment or supplement, or any Company Supplemental Disclosure Document in reliance upon and in conformity with written
information furnished to the Company or to any of the Guarantors by such Purchaser through Goldman, Sachs & Co. expressly for use therein; and will reimburse the Company and each of the Guarantors for any legal or other expenses reasonably
incurred by the Company or any of the Guarantors in connection with investigating or defending any such action or claim as such expenses are incurred. 

  

	 	(c)	Promptly after receipt by an indemnified party under subsection (a) or (b) above of notice of the commencement of any action, such indemnified party shall, if
a claim in respect thereof is to be made against the indemnifying party under such subsection, notify the indemnifying party in writing of the commencement thereof; but the omission so to notify the indemnifying party shall not relieve it from any
liability which it may have to any indemnified party otherwise than under such subsection. In case any such action shall be brought against any indemnified party and it shall notify the indemnifying party of the commencement thereof, the
indemnifying party shall be entitled to participate therein and, to the extent that it shall wish, jointly with any other indemnifying party similarly notified, to assume the defense thereof, with counsel satisfactory to such indemnified party (who
shall not, except with the consent of the indemnified party, be counsel to the indemnifying party), and, after notice from the indemnifying party to such indemnified party of its election so to assume the defense thereof, the indemnifying party
shall not be liable to such indemnified party under such subsection for any legal expenses of other counsel or any other expenses, in each case subsequently incurred by such indemnified party, in connection with the defense thereof other than
reasonable costs of investigation. No indemnifying party shall, without the written consent of the indemnified party, effect the settlement or compromise of, or consent to the entry of any judgment with respect to, any pending or threatened action
or claim in respect of which indemnification or contribution may be sought hereunder (whether or not the indemnified party is an actual or potential party to such action or claim) unless such settlement, compromise or judgment (i) includes an
unconditional release of the indemnified party from all liability arising out of such action or claim and (ii) does not include a statement as to, or an admission of, fault, culpability or a failure to act, by or on behalf of any indemnified
party. 

  
 13 

	 	(d)	If the indemnification provided for in this Section 9 is unavailable to or insufficient to hold harmless an indemnified party under subsection (a) or
(b) above in respect of any losses, claims, damages or liabilities (or actions in respect thereof) referred to therein, then each indemnifying party shall contribute to the amount paid or payable by such indemnified party as a result of such
losses, claims, damages or liabilities (or actions in respect thereof) in such proportion as is appropriate to reflect the relative benefits received by the Company and by each of the Guarantors on the one hand and the Purchasers on the other from
the offering of the Securities. If, however, the allocation provided by the immediately preceding sentence is not permitted by applicable law or if the indemnified party failed to give the notice required under subsection (c) above, then each
indemnifying party shall contribute to such amount paid or payable by such indemnified party in such proportion as is appropriate to reflect not only such relative benefits but also the relative fault of the Company and of each of the Guarantors on
the one hand and the Purchasers on the other in connection with the statements or omissions which resulted in such losses, claims, damages or liabilities (or actions in respect thereof), as well as any other relevant equitable considerations. The
relative benefits received by the Company and by each of the Guarantors on the one hand and the Purchasers on the other shall be deemed to be in the same proportion as the total net proceeds from the offering (before deducting expenses) received by
the Company bear to the total underwriting discounts and commissions received by the Purchasers, in each case as set forth in the Offering Circular . The relative fault shall be determined by reference to, among other things, whether the untrue or
alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company on the one hand or the Purchasers on the other and the parties’ relative intent, knowledge,
access to information and opportunity to correct or prevent such statement or omission. The Company, the Guarantors and the Purchasers agree that it would not be just and equitable if contribution pursuant to this subsection (d) were determined
by pro rata allocation (even if the Purchasers were treated as one entity for such purpose) or by any other method of allocation which does not take account of the equitable considerations referred to above in this subsection (d). The amount paid or
payable by an indemnified party as a result of the losses, claims, damages or liabilities (or actions in respect thereof) referred to above in this subsection (d) shall be deemed to include any legal or other expenses reasonably incurred by
such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this subsection (d), no Purchaser shall be required to contribute any amount in excess of the amount by which the total
price at which the Securities underwritten by it and distributed to investors were offered to investors exceeds the amount of any damages which such Purchaser has otherwise been required to pay by reason of such untrue or alleged untrue statement or
omission or alleged omission. The Purchasers’ obligations in this subsection (d) to contribute are several in proportion to their respective underwriting obligations and not joint. 

 

	 	(e)	The obligations of the Company under this Section 9 shall be in addition to any liability which the Company and each of the Guarantors may otherwise have and shall
extend, upon the same terms and conditions, to any affiliate of each Purchaser and each person, if any, who controls any Purchaser within the meaning of the Act; and the obligations of the Purchasers under this Section 9 shall be in addition to
any liability which the respective Purchasers may otherwise have and shall extend, upon the same terms and conditions, to each officer and director of the Company and of each of the Guarantors and to each person, if any, who controls the Company and
each of the Guarantors within the meaning of the Act. 

  
 14 

	10.    (a)	If any Purchaser shall default in its obligation to purchase the Securities which it has agreed to purchase hereunder, you may in your discretion arrange for you or
another party or other parties to purchase such Securities on the terms contained herein. If within thirty-six hours after such default by any Purchaser you do not arrange for the purchase of such Securities, then the Company shall be entitled to a
further period of thirty-six hours within which to procure another party or other parties satisfactory to you to purchase such Securities on such terms. In the event that, within the respective prescribed periods, you notify the Company that you
have so arranged for the purchase of such Securities, or the Company notifies you that it has so arranged for the purchase of such Securities, you or the Company shall have the right to postpone the Time of Delivery for a period of not more than
seven days, in order to effect whatever changes may thereby be made necessary in the Offering Circular, or in any other documents or arrangements, and the Company agrees to prepare promptly any amendments to the Offering Circular which in your
opinion may thereby be made necessary. The term “Purchaser” as used in this Agreement shall include any person substituted under this Section with like effect as if such person had originally been a party to this Agreement with respect to
such Securities. 

  

	 	(b)	If, after giving effect to any arrangements for the purchase of the Securities of a defaulting Purchaser or Purchasers by you and the Company as provided in subsection
(a) above, the aggregate principal amount of such Securities which remains unpurchased does not exceed one-tenth of the aggregate principal amount of all the Securities, then the Company shall have the right to require each non-defaulting
Purchaser to purchase the principal amount of Securities which such Purchaser agreed to purchase hereunder and, in addition, to require each non-defaulting Purchaser to purchase its pro rata share (based on the principal amount of Securities which
such Purchaser agreed to purchase hereunder) of the Securities of such defaulting Purchaser or Purchasers for which such arrangements have not been made; but nothing herein shall relieve a defaulting Purchaser from liability for its default.

  

	 	(c)	If, after giving effect to any arrangements for the purchase of the Securities of a defaulting Purchaser or Purchasers by you and the Company as provided in subsection
(a) above, the aggregate principal amount of Securities which remains unpurchased exceeds one-tenth of the aggregate principal amount of all the Securities, or if the Company shall not exercise the right described in subsection (b) above
to require non-defaulting Purchasers to purchase Securities of a defaulting Purchaser or Purchasers, then this Agreement shall thereupon terminate, without liability on the part of any non-defaulting Purchaser or the Company, except for the expenses
to be borne by the Company and the Purchasers as provided in Section 6 hereof and the indemnity and contribution agreements in Section 9 hereof; but nothing herein shall relieve a defaulting Purchaser from liability for its default.

  

	11.	The respective indemnities, agreements, representations, warranties and other statements of the Company, the several Guarantors and the several Purchasers, as set forth
in this Agreement or made by or on behalf of them, respectively, pursuant to this Agreement, shall remain in full force and effect, regardless of any investigation (or any statement as to the results thereof) made by or on behalf of any Purchaser or
any controlling person of any Purchaser, or the Company or any of the Guarantors, or any officer or director or controlling person of the Company or any of the Guarantors, and shall survive delivery of and payment for the Securities.

  
 15 

	12.	If this Agreement shall be terminated pursuant to Section 10 hereof, the Company and each of the Guarantors shall not then be under any liability to any Purchaser
except as provided in Sections 7 and 9 hereof; but, if for any other reason, the Securities are not delivered by or on behalf of the Company as provided herein, the Company and each of the Guarantors will reimburse the Purchasers through you for all
expenses approved in writing by you, including fees and disbursements of counsel, reasonably incurred by the Purchasers in making preparations for the purchase, sale and delivery of the Securities, but the Company and each of the Guarantors shall
then be under no further liability to any Purchaser except as provided in Sections 7 and 9 hereof. 

  

	13.	In all dealings hereunder, you shall act on behalf of each of the Purchasers, and the parties hereto shall be entitled to act and rely upon any statement, request,
notice or agreement on behalf of any Purchaser made or given by you jointly or by Goldman, Sachs & Co. on behalf of you as the representatives. 

  

	14.	All statements, requests, notices and agreements hereunder shall be in writing, and (i) if to the Purchasers shall be delivered or sent by mail, telex or facsimile
transmission to Goldman, Sachs & Co., 200 West Street, New York, New York 10282-2198, Attention: Registration Department, and to J.P. Morgan Securities Inc., 383 Madison Avenue, New York, New York 10179, Attention: Mark Radin, and
(ii) if to the Company shall be delivered or sent by mail, telex or facsimile transmission to the address of the Company set forth in the Offering Circular, Attention: Secretary. Any such statements, requests, notices or agreements shall take
effect upon receipt thereof. 

  

	15.	In accordance with the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)), the initial purchasers are required to
obtain, verify and record information that identifies their respective clients, including the Company, which information may include the name and address of their respective clients, as well as other information that will allow the initial
purchasers to properly identify their respective clients. 

  

	16.	This Agreement shall be binding upon, and inure solely to the benefit of, the Purchasers, the Company, the Guarantors and, to the extent provided in Sections 9 and 11
hereof, the officers and directors of the Company and the Guarantors, and each person who controls the Company or any Guarantor or Purchaser, and their respective heirs, executors, administrators, successors and assigns, and no other person shall
acquire or have any right under or by virtue of this Agreement. No purchaser of any of the Securities from any Purchaser shall be deemed a successor or assign by reason merely of such purchase. 

 

	17.	Time shall be of the essence of this Agreement. 

  

	18.	 Each of the Company and the Guarantors acknowledges and agrees that (i) the purchase and sale of the Securities pursuant to this Agreement is an
arm’s-length commercial transaction between the Company, on the one hand, and the several Purchasers, on the other, (ii) in connection therewith and with the process leading to such transaction each Purchaser is acting solely as a
principal and not the agent or fiduciary of the Company or any of the Guarantors, (iii) no Purchaser has assumed an advisory or fiduciary responsibility in favor of the Company or any of the Guarantors with respect to the offering contemplated
hereby or the process leading thereto 

  
 16 

	 	 
(irrespective of whether such Purchaser has advised or is currently advising the Company on other matters) or any other obligation to the Company or any of the Guarantors except the obligations
expressly set forth in this Agreement and (iv) each of the Company and the Guarantors has consulted its own legal and financial advisors to the extent it deemed appropriate. Each of the Company and the Guarantors agrees that it will not claim
that the Purchaser, or any of them, has rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the Company or any of the Guarantors, in connection with such transaction or the process leading thereto.

  

	19.	This Agreement supersedes all prior agreements and understandings (whether written or oral) between the Company, the Guarantors and the Purchasers, or any of them, with
respect to the subject matter hereof. 

  

	20.	THIS AGREEMENT AND ANY MATTERS RELATED TO THIS TRANSACTION SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO
PRINCIPLES OF CONFLICT OF LAWS THAT WOULD RESULT IN THE APPLICATION OF ANY LAW OTHER THAN THE LAWS OF THE STATE OF NEW YORK. Each of the Company and the Guarantors and the Purchasers agrees that any suit or proceeding arising in respect of this
agreement or our engagement will be tried exclusively in the U.S. District Court for the Southern District of New York or, if that court does not have subject matter jurisdiction, in any state court located in The City and County of New York
and the Company and the Guarantors and the Purchasers agree to submit to the jurisdiction of, and to venue in, such courts. 

  

	21.	Each of the Company, the Guarantors and the Purchasers hereby irrevocably waives, to the fullest extent permitted by applicable law, any and all right to trial by jury
in any legal proceeding arising out of or relating to this Agreement or the transactions contemplated hereby. 

  

	22.	This Agreement may be executed by any one or more of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such
respective counterparts shall together constitute one and the same instrument. 

  

	23.	Notwithstanding anything herein to the contrary, the Company (and the Company’s employees, representatives, and other agents) and each of the Guarantors (and each
of the Guarantors’ employees, representatives, and other agents) are authorized to disclose to any and all persons, the tax treatment and tax structure of the potential transaction and all materials of any kind (including tax opinions and other
tax analyses) provided to the Company and to any of the Guarantors relating to that treatment and structure, without the Purchasers’ imposing any limitation of any kind. For this purpose, “tax treatment” means U.S. federal and state
income tax treatment, and “tax structure” is limited to any facts that may be relevant to that treatment. 

 If the
foregoing is in accordance with your understanding, please sign and return to us five (5) counterparts hereof, and upon the acceptance hereof by you, on behalf of each of the Purchasers, this letter and such acceptance hereof shall constitute a
binding agreement between each of the Purchasers, the Company and each of the Guarantors. It is understood that your acceptance of this letter on behalf of each of the Purchasers is pursuant to the authority set forth in a form of Agreement among
Purchasers, the form of which shall be submitted to the Company for examination upon request, but without warranty on your part as to the authority of the signers thereof. 

  
 17 

 
			
	Very truly yours,
	
	WIRECO WORLDGROUP INC.
		
	By:	 	 /s/ Ira Glazer

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	WIRECO WORLDGROUP (CAYMAN) INC.
		
	By:	 	 /s/ Troy Thacker

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	WIRECO WORLDGROUP LIMITED
		
	By:	 	 /s/ Troy Thacker

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	WRCA DISTRIBUTOR (CAYMAN) LTD.
		
	By:	 	 /s/ Troy Thacker

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	WIRECO WORLDGROUP SALES (CAYMAN) LTD.
		
	By:	 	 /s/ Troy Thacker

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	WRCA (LUXEMBOURG) HOLDINGS S.à r.l.
		
	By:	 	 /s/ Ira Glazer

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	WRCA (LUXEMBOURG) S.à r.l.
		
	By:	 	 /s/ Ira Glazer

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	WRCA FINANCE (LUXEMBOURG) S.à r.l.
		
	By:	 	 /s/ Ira Glazer

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	WRCA CANADIAN HOLDINGS (LUXEMBOURG) S.à r.l.
		
	By:	 	 /s/ Ira Glazer

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	CASAR DRAHTSEILWERK SAAR GmbH
		
	By:	 	 /s/ Ira Glazer

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	PHILLYSTRAN EUROPE B.V.
		
	By:	 	 /s/ Ira Glazer

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	WRCA US HOLDINGS INC.
		
	By:	 	 /s/ Ira Glazer

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	1295728 ALBERTA ULC
		
	By:	 	 /s/ Ira Glazer

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	WIRELINE WORKS PARTNERSHIP
		
	By:	 	 /s/ Ira Glazer

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	WRCA, LLC
		
	By:	 	 /s/ Ira Glazer

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	WWG PHILLYSTRAN HOLDINGS, INC.
		
	By:	 	 /s/ Ira Glazer

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 
			
	PHILLYSTRAN, INC.
		
	By:	 	 /s/ Ira Glazer

		 	  Name:
		 	  Title:

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 Accepted as of the date hereof: 

			
	
	 GOLDMAN, SACHS & CO.
 J.P. MORGAN SECURITIES INC.

	
	GOLDMAN, SACHS & CO.
		
	By:	 	 /s/ Goldman Sachs & Co.

		 	Name:
		 	Title:
	
	J.P. MORGAN SECURITIES INC.
		
	By:	 	 /s/ Mark H. Rudin

		 	Name: Mark H. Rudin
		 	Title: Executive Director

 [Signature page
to WireCo WorldGroup Inc. Purchase Agreement] 

 SCHEDULE I 

 

					
	 Purchaser
	  	Principal
Amount
of
Securities
to be
Purchased	 
	 Goldman, Sachs & Co.
	  	$	130,625,000.00	  
	 J.P. Morgan Securities Inc.
	  	$	130,625,000.00	  
	 HSBC Securities (USA) Inc.
	  	$	6,875,000.00	  
	 Oppenheimer & Co., Inc.
	  	$	6,875,000.00	  
		  	 	 	 
	 Total
	  	$	275,000,000.00	  
		  	 	 	 

 Schedule I to Purchase Agreement - 1 

 Execution Copy 

SCHEDULE II 
  

	(a)	Approved Supplemental Disclosure Documents: None 

 Schedule II to Purchase Agreement - 1 

 SCHEDULE III 
 PRICING SUPPLEMENT 
 Schedule III to Purchase Agreement - 1 

 ANNEX I 

 

	(1)	The Securities have not been and will not be registered under the Act and may not be offered or sold within the United States or to, or for the account or benefit of,
U.S. persons except in accordance with Regulation S under the Act or pursuant to an exemption from the registration requirements of the Act. Each Purchaser represents that it has offered and sold the Securities, and will offer and sell the
Securities (i) as part of their distribution at any time and (ii) otherwise until 40 days after the later of the commencement of the offering and the Time of Delivery, only in accordance with Rule 903 of Regulation S, Rule 144A under the
Act or pursuant to Paragraph 2 of this Annex I. Accordingly, each Purchaser agrees that neither it, its affiliates nor any persons acting on its or their behalf has engaged or will engage in any directed selling efforts with respect to the
Securities, and it and they have complied and will comply with the offering restrictions requirement of Regulation S. Each Purchaser agrees that, at or prior to confirmation of sale of Securities (other than a sale pursuant to Rule 144A) or pursuant
to Paragraph 2 of this Annex I, it will have sent to each distributor, dealer or person receiving a selling concession, fee or other remuneration that purchases Securities from it during the restricted period a confirmation or notice to
substantially the following effect: 

 “The Securities covered hereby have not been registered under the U.S.
Securities Act of 1933 (the “Securities Act”) and may not be offered and sold within the United States or to, or for the account or benefit of, U.S. persons (i) as part of their distribution at any time or (ii) otherwise until 40
days after the later of the commencement of the offering and the closing date, except in either case in accordance with Regulation S (or Rule 144A if available) under the Securities Act. Terms used above have the meaning given to them by Regulation
S.” 
 Terms used in this paragraph have the meanings given to them by Regulation S. 

Each Purchaser further agrees that it has not entered and will not enter into any contractual arrangement with respect to the distribution
or delivery of the Securities, except with its affiliates or with the prior written consent of the Company. 
  

	(2)	Notwithstanding the foregoing, Securities in registered form may be offered, sold and delivered by the Purchasers in the United States and to U.S. persons pursuant
to Section 3 of this Agreement without delivery of the written statement required by paragraph (1) above. 

  

	(3)	Each Purchaser agrees that it will not offer, sell or deliver any of the Securities in any jurisdiction outside the United States except under circumstances that will
result in compliance with the applicable laws thereof, and that it will take at its own expense whatever action is required to permit its purchase and resale of the Securities in such jurisdictions. Each Purchaser understands that no action has been
taken to permit a public offering in any jurisdiction outside the United States where action would be required for such purpose. Each Purchaser agrees not to cause any advertisement of the Securities to be published in any newspaper or periodical or
posted in any public place and not to issue any circular relating to the Securities, except in any such case with Goldman, Sachs & Co.’s express written consent and then only at its own risk and expense. 

  
 Annex I - 1

 ANNEX II 
 Pursuant to Section 8(b) of the Purchase Agreement, Wachtell, Lipton, Rosen & Katz shall furnish a written opinion to the Purchasers to the effect that: 

 

	 	(i)	Each of the Company and the Guarantors listed on Schedule A (the “Specified Guarantors”) has been duly organized and is validly existing as a
corporation or limited liability company in good standing under the laws of the State of Delaware; 

  

	 	(ii)	This Agreement has been duly authorized, executed and delivered by the Company and by each of the Specified Guarantors; 

 

	 	(iii)	The Securities and the Indenture conform in all material respects to the descriptions thereof in the Offering Circular; 

 

	 	(iv)	The Securities are in the form contemplated by the Indenture, have been duly authorized by the Company and by each of the Specified Guarantors, and, when executed by
the Company and authenticated by the Trustee in the manner provided in the Indenture (assuming the due authorization, execution and delivery of the Indenture by the Trustee) and issued and delivered against payment of the purchase price therefor,
will constitute valid and binding obligations of the Company and each of the Specified Guarantors, enforceable against the Company in accordance with their terms, and will be entitled to the benefits of the Indenture; 

 

	 	(v)	The Indenture has been duly authorized, executed and delivered by the Company and each of the Specified Guarantors and (assuming the due authorization, execution and
delivery thereof by the Trustee) constitutes a valid and legally binding agreement of the Company and the Specified Guarantors, enforceable in accordance with its terms, subject, as to enforcement, to bankruptcy, insolvency, reorganization and other
laws of general applicability relating to or affecting creditors’ rights and to general equity principles; 

  

	 	(vi)	The Registration Rights Agreement has been duly authorized, executed and delivered by the Company and by each of the Specified Guarantors, and (assuming the due
authorization, execution and delivery thereof by the Initial Purchasers) constitutes a valid and legally binding agreement of the Company and the Specified Guarantors enforceable in accordance with its terms, subject, as to enforcement, to
bankruptcy, insolvency, reorganization and other laws of general applicability relating to or affecting creditors’ rights and to general equity principles; 

 

	 	(vii)	 The issue and sale of the Securities and the compliance by the Company and each of the Specified Guarantors with all of the provisions of the
Securities, the Indenture, the Registration Rights Agreement and this Agreement and the consummation of the transactions herein and therein contemplated will not conflict with or result in any violation of (a) the provisions of the Certificate
of Incorporation or By-laws of the Company or of any of the Specified Guarantors, (b) any U.S. federal, State of New 

  
 Annex II - 1

	 	 
York or State of Delaware (with respect to corporate and limited liability company law matters only) statute, rule or regulation that is material to the Company and the Specified Guarantors,
taken as a whole, and that such counsel have, in the exercise of customary professional diligence, recognized as applicable to such entity or to transactions of the type contemplated by this Agreement, or (c)(i) the Loan and Security Agreement,
dated as of February 8, 2007, among WireCo WorldGroup Inc. (formerly known as Wire Rope Corporation of America, Inc., the surviving company of the merger with Closer Merger Sub Inc.), HSBC Business Credit (USA) Inc., as agent, and the other
agents and lenders party thereto , as supplemented and amended, and (ii) the Credit Agreement, dated as of February 8, 2007, among WireCo WorldGroup Inc. (formerly known as Wire Rope Corporation of America, Inc., the surviving company of
the merger with Closer Merger Sub Inc.), WireCo WorldGroup Limited (formerly known as WRCA (Cyprus) Holdings Ltd.), Canadian Imperial Bank of Commerce, as administrative agent, and the other agents and lenders party thereto (as supplemented and
amended); 

  

	 	(viii)	No consent, approval, authorization, order, registration or qualification of or with any court or governmental agency or body under any U.S. federal or State of New
York law or pursuant to the General Corporation Law of the State of Delaware or the Limited Liability Company Act of the State of Delaware (other than such as may be required under the applicable securities laws of the various jurisdictions in which
the Securities will be offered or sold, as to which such counsel express no opinion) that such counsel have, in the exercise of customary professional diligence, recognized as applicable to the Company and the Specified Guarantors or to transactions
of the type contemplated by this Agreement, is required for the issue and sale of the Securities or the consummation by the Company and the Specified Guarantors of the transactions contemplated by this Agreement, the Indenture or the Registration
Rights Agreement, except for such consents, approvals, authorizations, orders, registrations, filings or qualifications which may be required (i) under the Act, the Exchange Act or regulations thereunder in connection with the transactions
contemplated by the Registration Rights Agreement; (ii) under federal securities laws or the rules and regulations of the FINRA in connection with the purchase and distribution of the Securities by the Initial Purchasers; (iii) under
applicable state or foreign securities or Blue Sky laws; and (iv) for the qualification of the Indenture under the Trust Indenture Act in connection with the transactions contemplated by the Registration Rights Agreement.

  

	 	(ix)	The statements set forth in the Offering Circular under the caption “Description of Notes,” insofar as they purport to constitute a summary of the Indenture,
fairly summarize in all material respects such document; 

  

	 	(x)	The discussion set forth in the section entitled “Certain US Federal Income Tax Considerations” in the Offering Circular, insofar as such discussion
summarizes United States federal income tax law, is accurate in all material respects (subject to the exceptions, limitations and qualifications described herein and therein and subject to the assumptions and beliefs described herein and therein
being true). 

  
 Annex II - 2

	 	(xi)	Assuming the accuracy of the representations, warranties and agreements of the Company, the Guarantors and the Initial Purchasers in the Purchase Agreement, no
registration of the Securities under the Act, and no qualification of an indenture under the United States Trust Indenture Act of 1939 with respect thereto, is required for the offer, sale and initial resale of the Securities by the Purchasers in
the manner contemplated by this Agreement; 

  

	 	(xii)	The Company is not, and after giving effect to the offering and sale of the Securities to be issued and sold by the Company under this Agreement and the Indenture and
the application of the net proceeds from such sale as described in the Offering Circular under the caption “Use of Proceeds,” will not be required to register as an “investment company,” as such term is defined in the Investment
Company Act; and 

  

	 	(xiii)	Such counsel have no reason to believe that (A) the Pricing Disclosure Package, as of the Applicable Time (other than the financial statements and related notes
thereto and the other financial or accounting information or data included or omitted therein, as to which such counsel express no belief), contained any untrue statement of a material fact or omitted to state any material fact necessary in order to
make the statements therein, in the light of the circumstances under which they were made, not misleading; or (B) the Offering Circular and any further amendments or supplements thereto made by the Company prior to the Time of Delivery (other
than the financial statements therein and related notes thereto and the other financial or accounting information or data included or omitted therein, as to which such counsel express no belief) contained as of its date or contains as of the Time of
Delivery an untrue statement of a material fact or omitted or omits, as the case may be, to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.

  
 Annex II - 3

 ANNEX III 
 Canada, Cayman Islands, Cyprus, Germany, Luxembourg, the Netherlands, Commonwealth of Pennsylvania 

  
 Annex III - 1

 ANNEX IV 
 May 14, 2010 
 Board of Directors 
 WireCo WorldGroup (Cayman) Inc. 
 12200 North Ambassador Dr. 

Kansas City, Missouri 64163-1244 
 and

 Goldman, Sachs & Co. 
 200
West Street 
 New York, NY 10004 

J.P. Morgan Securities Inc. 
 383 Madison Avenue

 New York, NY 10179 
 As
Representatives of the Initial Purchasers 
 Ladies and Gentlemen: 
 We have audited the consolidated balance sheets of WireCo WorldGroup (Cayman), Inc. and subsidiaries (collectively, the “Company”) as of December 31, 2009 and 2008 and the related
consolidated statements of operations, stockholders’ equity, comprehensive income (loss), and cash flows for the years ended December 31, 2009, 2008 and the 327 days ended December 31, 2007. Our report dated April 15, 2010 with
respect thereto includes an explanatory paragraph regarding a change in the last-in, first-out (LIFO) method for valuing inventories and the adoption, as of January 1, 2009, of Financial Accounting Standards Board Interpretation No. 48,
Accounting for Uncertainty in Income Taxes, included in Accounting Standards Codification Subtopic 740-10, Income Taxes – Overall. The consolidated financial statements and our report thereon are included in the preliminary
offering circular for $275,000,000 aggregate principal amount of Senior Notes due 2017. This preliminary offering circular, dated May 4, 2010, and updated with the pricing supplement dated May 14, 2010, is herein referred to as the
“Offering Circular.” 
 This letter is being furnished in reliance upon your representation to us that: 

 

	1.	You are knowledgeable with respect to the due diligence review process that would be performed if this placement of securities were being registered pursuant to the
Securities Act of 1933, as amended (the “Act”). 

  

	2.	In connection with the offering of Senior Notes, the review process you have performed is substantially consistent with the due diligence process that you would have
performed if this placement of securities were being registered pursuant to the Act. 

  
 Annex IV - 1

 In connection with the Offering Circular: 

 

	1.	We are independent certified public accountants with respect to the Company under Rule 101 of the American Institute of Certified Public Accountants’ Code of
Professional Conduct, and its interpretations and rulings. 

  

	2.	We have not audited any financial statements of the Company as of any date or for any period subsequent to December 31, 2009; although we have conducted an audit
for the year ended December 31, 2009, the purpose (and therefore the scope) of the audit was to enable us to express our opinion on the consolidated financial statements as of December 31, 2009, and for the year then ended, but not on the
consolidated financial statements for any interim period within that year. Therefore, we are unable to and do not express an opinion on the financial position, results of operations, or cash flows of the Company as of any date or for any period
subsequent to December 31, 2009. 

  

	3.	For the purposes of this letter, we have read the minutes of meetings of the board of directors of the Company as set forth in the minute books at May 7, 2010,
officials of the Company having advised us that the minutes of all such meetings through that date were set forth therein; we have carried out other procedures to May 7, 2010, as follows (our work did not extend to the period from May 8,
2010, to May 14, 2010): 

 With respect to the period from January 1, 2010, to May 7, 2010, we
have— 
  

	 	(a)	Read the unaudited consolidated financial statements of the Company as of and for the three-month period ended March 31, 2010 furnished to us by the Company, and
agreed the amounts contained therein to the Company’s accounting records, officials of the Company having advised us that no such financial statements as of any date or for any period subsequent to March 31, 2010 were available. The
financial information as of and for the three-month period ended March 31, 2010 is incomplete in that it omits all footnote disclosures. 

  

	 	(b)	Inquired of certain officials of the Company who have responsibility for financial and accounting matters whether: (i) the unaudited financial statements referred
to in paragraph 3(a) above are stated on a basis substantially consistent with that of the December 31, 2009 audited consolidated financial statements included in the Offering Circular, (ii) at May 7, 2010, there was any change in the
capital stock, increase in long-term debt or any decrease in consolidated net current assets or stockholders’ equity of the Company as compared with amounts shown in the December 31, 2009 consolidated balance sheet included in the Offering
Circular, and (iii) for the period January 1, 2010, to May 7, 2010, there were any decreases, as compared with the corresponding period in the preceding year, in consolidated net revenues or in the total amounts of net income.

 The foregoing procedures do not constitute an audit conducted in accordance with generally accepted auditing
standards in the United States. We make no representations regarding the sufficiency of the foregoing procedures for your purposes. Had we performed additional procedures or had we conducted an audit or a review, other matters might have come to our
attention that would have been reported to you. 
  

  
 Annex IV- 2

	4.	Company officials have advised us that no consolidated financial information as of any date or for any period subsequent to March 31, 2010, is available;
accordingly, the procedures carried out by us with respect to changes in financial statement items after March 31, 2010, have, of necessity, been even more limited than those with respect to the periods referred to in 3. Officials of the
Company who have responsibility for financial and accounting matters have advised us that (a) at May 7, 2010, there was no change in the capital stock, any increase in long-term debt, or any decrease in consolidated net current assets or
stockholders’ equity of the Company as compared with amounts shown in the December 31, 2009 consolidated balance sheet included in the Offering Circular, or (b) there were no decreases for the period from January 1, 2010, to
May 7, 2010, as compared with the corresponding period in the preceding year, in consolidated net revenues or in net income. 

  

	5.	For purposes of this letter, we have also read the items identified by you on the attached copy of the Offering Circular and have performed the following procedures,
which were applied as indicated with respect to the symbols explained below. With respect to these items, we make no comment as to the Company’s determination as to what constitutes the appropriate presentation, disclosures, or explanations of
such items. With respect to disclosure by the Company of any non-GAAP financial measures as defined in Regulation G, we make no comment as to whether such measures or the resulting disclosures comply with the requirements of Regulation G or
Item 10(e) of Regulation S-K. 

 For the purpose of reporting our finding, in those instances in which one or
both of the compared amounts, percentage or ratios were rounded to some degree and the amounts, percentages, or ratios were in agreement except that they were not rounded to the same degree, we have nevertheless stated that we found the compared
amounts, ratios and percentages to be in agreement. With respect to the items identified, we make no comments as to the appropriateness of the Company’s determination to select those items to appear under the captions so presented, we make no
comment as to the Company’s determination as to what constitutes the appropriate presentation, disclosure or explanation of such items, or their completeness or appropriateness for purposes of the Offering Circular, or the appropriateness of
the Company’s computation procedures because different computational procedures and/or computational bases might produce different results. Also, we make no comment as to the appropriateness or completeness of the Company’s determination
of the causes of the increases or decreases in amounts discussed in the Offering Circular or discussed in the consolidated financial statements for the year ended December 31, 2009 included in the Offering Circular. 

 

  
 Annex IV- 3

 The procedures performed, as defined below, were applied as indicated with respect to the symbols explained
below: 
  

	 	A.	Compared the amount or percentage to, or computed the amount or percentage from, the Company’s audited consolidated financial statements included in the offering
circular, or computed the amount or percentage from information in the Company’s audited consolidated financial statements as of December 31, 2009 and 2008 and for the years ended December 31, 2009, 2008 and the 327 days ended
December 31, 2007, and found them to be in agreement. 

  

	 	B.	Compared the amount or percentage to a Company-prepared schedule derived from the Company’s accounting records and found it to be in agreement. We make no comment
as to the reasonableness of the use of proceeds or whether such use will actually take place. 

  

	 	C.	Summed or computed the amounts and agreed the sum or computation to the noted total or previously noted total. 

 

	 	D.	Compared the amount to the Company’s unaudited consolidated financial statements, or computed the amount or percentage from information in the Company’s
consolidated financial statements as of and for each of the years in the two-year period ended December 31, 2006 and found them to be in agreement. 

  

	 	E.	Not used. 

  

	 	F.	Compared the amount or percentage to, or computed the amount or percentage from, the Company’s audited consolidated financial statements, or computed the amount or
percentage from information in the Company’s audited balance sheet as of December 31, 2007 and found them to be in agreement. 

  

	 	G.	Compared the amount or percentage to a Company-prepared schedule derived from the Company’s accounting records and noted the amount to be $149,138.

  

	 	H.	Compared the amount or percentage to a Company-prepared schedule derived from the Company’s accounting records and noted the amount to be $33,179.

  

	 	I.	Compared the amount or percentage to a Company-prepared schedule derived from the Company’s accounting records and noted the amount to be 20.3%.

  

	 	J.	Compared the amount or percentage to a Company-prepared schedule derived from the Company’s accounting records and noted the amount to be $3.0 million.

  

	 	K.	Compared the amount or percentage to a Company-prepared schedule derived from the Company’s accounting records and noted the amount to be $2.5 million.

  

	 	L.	Compared the amount or percentage to a Company-prepared schedule derived from the Company’s accounting records and noted the amount to be $20.7 million.

  

	 	M.	Compared the amount or percentage to a Company-prepared schedule derived from the Company’s accounting records and noted the amount to be 13.8%.

  

	 	N.	Compared the amount or percentage to a Company – prepared schedule derived from the Company’s accounting records and noted the amount to be $3,657.

  

  
 Annex IV- 4

	 	O.	Compared the amount or percentage to, or computed the amount or percentage from, the Company’s audited consolidated financial statements included in the offering
circular, for the 327 days ended December 31, 2007; however, we noted the description of the period on page 42 of the offering circular is for the combined periods, thus the information is incorrectly described in the offering circular as
representative of the combined period for the year ending December 31, 2007. 

  

	 	P.	Obtained and compared the percentages noted to a company-prepared schedule derived from the Company’s accounting records, noting the following:

  

					
	2009 Net Revenues by Geography –	  			
		
	US	  	 	44	% 
		
	Europe	  	 	20	% 
		
	Mexico	  	 	19	% 
		
	Asia	  	 	7	% 
		
	Canada	  	 	2	% 
		
	Other	  	 	8	% 

  

	 	Q.	Obtained and compared the percentages noted to a company-prepared schedule derived from the Company’s accounting records, noting the following:

  

					
	2009 Net Revenues by End Market –	  			
		
	Infrastructure Applications	  	 	42	% 
		
	General Industrial	  	 	26	% 
		
	Oil & Gas	  	 	17	% 
		
	Mining	  	 	15	% 

  

	 	R.	For the capitalization table on page 35 of the offering circular, we compared the amount of debt listed under the caption “As Adjusted” to a schedule prepared
by the Company and found such amounts to be in agreement. We recomputed the amount of debt based on the assumed issuance by means of the offering circular, and the receipt of the assumed net proceeds from the offering. However, we make no comment
regarding the amount of or other terms of the Company’s debt that may be issued, and we make no comment regarding the reasonableness of the assumed net proceeds or whether such net proceeds will actually be received. 

 

	 	S.	Compared the amount or percentage to a Company – prepared schedule derived from the Company’s accounting records and noted the amount to be 46%.

  

	 	T.	Compared the amount or percentage to a Company – prepared schedule derived from the Company’s accounting records and noted the amount to be 367,879.

  

	 	U.	Compared the amount or percentage to a Company – prepared schedule derived from the Company’s accounting records and noted the amount to be $5.5 million.

  
 Annex IV- 5

	 	V.	Compared the amount or percentage to a Company – prepared schedule derived from the Company’s accounting records and noted the amount to be 51.1%.

  

	 	W.	Compared the amount or percentage to a Company – prepared schedule derived from the Company’s accounting records and noted the amount to be $13,514.

  

	6.	Our audit of the consolidated financial statements for the periods referred to in the introductory paragraph of this letter was comprised of audit tests and procedures
deemed necessary for the purpose of expressing an opinion on such financial statements taken as a whole. For none of the periods referred to therein, nor for any other period, did we perform audit tests for the purpose of expressing an opinion on
individual balances of accounts or summaries of selected transactions such as those enumerated above, and accordingly, we express no opinion thereon. 

  

	7.	We make no comment as to the appropriateness or completeness of the Company’s determination of Regulation S-K requirements regarding executive compensation
disclosures. 

  

	8.	It should be understood that our procedures with respect to the information contained in Management’s Discussion and Analysis of Financial Condition and Results of
Operations (the “MD&A”) included in the offering circular were limited to applying the procedures stated above and therefore we make no representations regarding the accuracy of the discussions contained, whether any facts have been
omitted, or regarding the adequacy of the disclosures therein, other than with respect to the results of the procedures performed as described in paragraph 5 above. Further, we make no comment as to the appropriateness or completeness of the
Company’s determination of the Regulation S-K requirements for quantitative and qualitative disclosures about market risks or with respect to the reasonableness of the assumptions underlying the disclosures. 

 

	9.	This letter is solely for the information of the addressees and to assist the underwriters in conducting and documenting their investigation of the affairs of the
Company in connection with the offering of securities covered by the offering circular, and it is not to be used, circulated, quoted, or otherwise referred to for any other purpose, including but not limited to the purchase and sale of securities,
nor is it to be filed with or referred to in whole or in part in the offering circular or any other document, except that reference may be made to it in the list of closing documents pertaining to the offering of securities covered by the offering
circular. 

 Very truly yours, 

  
 Annex IV - 6

 ANNEX V 
 May 17, 2010 
 Board of Directors 
 WireCo WorldGroup (Cayman) Inc. 
 12200 North Ambassador Dr. 

Kansas City, Missouri 64163-1244 
 and

 Goldman, Sachs & Co. 200 West Street 
 New York, NY 10004 
 JP Morgan Securities, Inc. 

383 Madison Avenue 
 New York, NY 10179

 As Representatives of the Initial Purchasers 
 Ladies and Gentlemen: 
 We refer to our letter of May 13, 2010 relating to the offering
circular of WireCo WorldGroup, Inc (the Company) for $275,000,000 aggregate principal amount of     % Senior Notes due 2017. This offering circular, dated May     , 2010, is herein referred to as
the “Offering Circular.” We reaffirm, as of the date hereof (and as though made on the date hereof), all statements made in the letter except that, for the purposes of this letter: 

 

	a.	The reading of minutes described in paragraph 3 of that letter has been carried out through May 13, 2010. 

 

	b.	The procedures and inquiries covered in paragraph 3(b) of that letter were carried out to May 13, 2010 (our work did not extend to the period from May 14,
2010 to May 17, 2010). 

  
 Annex V - 1

 This letter is solely for the information of the addressees and to assist the underwriters in conducting and
documenting their investigation of the affairs of the Company in connection with the offering of securities covered by the Offering Circular, and it is not to be used, circulated, quoted, or otherwise referred to for any other purpose, including but
not limited to the purchase and sale of securities, nor is it to be filed with or referred to in whole or in part in the offering circular or any other document, except that reference may be made to it in the list of closing documents pertaining to
the offering of securities covered by the Offering Circular. 
 Very truly yours, 

  
 Annex V - 2

 ATTACHMENT A 
 [Forms of Local Counsel Opinions] 

  
 Attachment A -
1

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