Document:

Exhibit

Execution Version
Exhibit 10.2

This AMENDMENT NO. 1 (this “Amendment No. 1”), dated as of August 15, 2019 and entered into by and among Perrigo Finance Unlimited Company, a public unlimited company organized under the laws of Ireland (the “Revolving Borrower”), Perrigo Company PLC, a public limited company organized under the laws of Ireland (the “Company”), each lender party to the Credit Agreement (as defined below) as of the date hereof (each a “Lender” and, collectively, the “Lenders”) and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”), amends and is made pursuant to that certain Revolving Credit Agreement, dated as of March 8, 2018 (as amended, restated, supplemented, waived or otherwise modified from time to time prior to the date hereof, the “Credit Agreement”), by and among the Revolving Borrower, the Company, the lenders from time to time party thereto, the Administrative Agent and the other agents party thereto.
W I T N E S S E T H :
WHEREAS, the Revolving Borrower has requested that the terms of the Credit Agreement be amended as set forth herein;
WHEREAS, by signing this Amendment No. 1, each Lender has consented to this Amendment No. 1 and to the amendments to the Credit Agreement described in Section 2 below.
NOW, THEREFORE, in consideration of the premises contained herein, the parties hereto agree as follows:
1.Defined Terms; References. Except as otherwise defined in this Amendment No. 1, terms defined in the Credit Agreement are used herein (including the recitals hereto) as defined therein. On and after the Amendment Effective Date (as defined below), each reference in the Credit Agreement to “this Agreement,” “hereunder,” “hereof” or words of like import referring to the Credit Agreement shall mean and be a reference to the Credit Agreement, as amended by this Amendment No. 1.
2.Amendments.  The Administrative Agent and each Lender hereby consent to amend the Credit Agreement as follows.  Where applicable, deletions are indicated textually in the same manner as the following example: stricken text and additions are indicated textually in the same manner as the following example: double-underlined text.
		
	(a)
	Section 1.01 of the Credit Agreement is hereby amended by:

		
	(i)
	 adding the following defined term in proper alphabetical order: 

“Article 55 BRRD” means Article 55 of Directive 2014/59/EU establishing a framework  for the recovery and resolution of credit institutions and investment firms.
		
	(ii)
	replacing the definition of “Bail-In Action” in its entirety with the following:

“Bail-In Action” means the exercise of any Write-Down and Conversion Powers.
		
	(iii)
	replacing the definition of “Bail-In Legislation” in its entirety with the following:

“Bail-In Legislation” means (i) in relation to an EEA Member Country which has implemented, or which at any time implements, Article 55 BRRD, the relevant implementing law or regulation as described in the EU Bail-In Legislation Schedule from time to time and (ii) in relation to any state other 

        

than such an EEA Member Country or (to the extent that the United Kingdom is not such an EEA Member Country) the United Kingdom, any analogous law or regulation from time to time which requires contractual recognition of any Write-Down and Conversion Powers contained in that law or regulation.
		
	(iv)
	    adding the following defined terms in proper alphabetical order:

“BHC Act Affiliate” of a party means an “affiliate” (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such party.
“Covered Entity” means any of the following:
(a)a “covered entity” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 252.82(b);
(b)a “covered bank” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 47.3(b); or
(c)a “covered FSI” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 382.2(b).
“Covered Party” has the meaning assigned to it in Section 9.19.
“Default Right” has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable.
		
	(v)
	replacing the definition of “EEA Financial Institution” in its entirety with the following:

“EEA Financial Institution” means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of a Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.
		
	(vi)
	Deleting the definition of “EEA Resolution Authority” in its entirety.

		
	(vii)
	Adding the following defined terms in proper alphabetical order:

“QFC” has the meaning assigned to the term “qualified financial contract” in, and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D).
“QFC Credit Support” has the meaning assigned to it in Section 9.19.
“Resolution Authority” means any body which has authority to exercise any Write-Down and Conversion Powers. 
“Supported QFC” has the meaning assigned to it in Section 9.19.

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“UK Bail-In Legislation” means (to the extent that the United Kingdom is not an EEA  Member Country which has implemented, or implements, Article 55 BRRD) Part I of the United  Kingdom Banking Act 2009 and any other law or regulation applicable in the United Kingdom relating to  the resolution of unsound or failing banks, investment firms or other financial institutions or their  affiliates (otherwise than through liquidation, administration or other insolvency proceedings).
     “U.S. Special Resolution Regimes” has the meaning assigned to it in Section 9.19.
		
	(viii)
	replacing the definition of “Write-Down and Conversion Powers” in its entirety with the following:

“Write-Down and Conversion Powers” means (i) in relation to any Bail-In Legislation described in the EU Bail-In Legislation Schedule from time to time, the powers described as such in relation to that Bail-In Legislation in the EU Bail-In Legislation Schedule, (ii) in relation to any other applicable Bail-In Legislation, (x) any powers under that Bail-In Legislation to cancel, transfer or dilute shares issued by a person that is a bank or investment firm or other financial institution or affiliate of a bank, investment firm or other financial institution, to cancel, reduce, modify or change the form of a liability of such a person or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers, and (y) any similar or analogous powers under that Bail-In Legislation, and (iii) in relation to any UK Bail-In Legislation (x) any powers under that UK Bail-In Legislation to cancel, transfer or dilute shares issued by a person that is a bank or investment firm or other financial institution or affiliate of a bank, investment firm or other financial institution,  to cancel, reduce, modify or change the form of a liability of such a person or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that UK Bail-In Legislation that are related to or ancillary to any of those powers and (y) any similar or analogous powers under that UK Bail-In Legislation.
		
	(b)
	The final sentence of Section 3.07 of the Credit Agreement is hereby amended as follows:

“None of the proceeds from the Loans or Letters of Credit shall be used in any manner that directly or, to the knowledge of the Company or any of its Subsidiaries, indirectly, violates Anti-Corruption Laws and neither the Company nor any of its Subsidiaries shall use the proceeds from the Loans or Letters of Credit directly, or to the knowledge of the Company or any of the Subsidiaries, indirectly, or lent, contributed or otherwise made available to any Person (a) to fund any activities or business of or with any Person, or in any country or territory, that at the time of such funding, is an Embargoed Person or Sanctioned Country, to the extent that such transactions would be prohibited by applicable for a Person to comply with Sanctions or (b) in any other manner that would result in a violation of Sanctions by any Person (including any Person participating in the credit facility hereunder).”
		
	(c)
	Section 5.08 of the Credit Agreement is hereby amended as follows:

“SECTION 5.08  Use of Proceeds and Letters of Credit.  The proceeds of the Loans and Letters of Credit will be used only for the purposes described in Section 3.12.  No part of the proceeds of any Loan or any Letter of Credit (i) will be used, whether directly or indirectly, for any purpose or in any 

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manner that causes any Person to be in violation of Anti-Corruption Laws or otherwise entails a violation of any of the Regulations of the Board, including Regulations T, U and X or (ii) will be used directly, or to the knowledge of the Company or any of the Subsidiaries, indirectly, or lent, contributed or otherwise made available to any Person (a) to fund any activities or business of or with any Person, or in any country or territory, that at the time of such funding, is an Embargoed Person or Sanctioned Country, to the extent that such transactions would be prohibited by applicable for a Person to comply with Sanctions or (b) in any other manner that would result in a violation of Sanctions by any Person (including any Person participating in the credit facility hereunder).”
		
	(d)
	Section 6.01(c) of the Credit Agreement is hereby amended as follows:

“(c)  Indebtedness resulting from loans permitted by Section 6.04 and Swap Agreements permitted by Section 6.04(i).”
		
	(e)
	Section 6.03 of the Credit Agreement is hereby amended as follows:

“SECTION 6.03  Fundamental Changes.  The Company will not, and will not permit any Subsidiary to, merge into or consolidate with any other Person, or permit any other Person to merge into or consolidate with it, or liquidate or dissolve, provided that, if at the time thereof and immediately after giving effect thereto no Default shall have occurred and be continuing (i) any Person may merge into the Company or the Revolving Borrower in a transaction in which the Company or the Revolving Borrower, as applicable, is the surviving corporation, (ii) solely in connection with an internal restructuring, the Company or the Revolving Borrower may merge into or consolidate with (in one transaction or a series of transactions) any Subsidiary of the Company (whether existing prior to such merger or consolidation or created in connection therewith) or any holding company so long as the direct or indirect holders of the voting Equity Interests of such holding company immediately following such transaction are substantially the same as the holders of voting Equity Interests of the Company immediately prior to such transaction, in each case organized and existing under the laws of the United States, any State thereof or the District of Columbia; provided that in any such case, the successor entity shall, pursuant to documentation reasonably satisfactory to the Administrative Agent, executed and delivered to the Administrative Agent by such successor entity, expressly assume all of the Company’s or the Revolving Borrower’s obligations, as the case may be, under this Agreement and the other Loan Documents and cause to be delivered such other customary documentation reasonably requested by the Administrative Agent including a favorable opinion of counsel to such successor entity and information and documentation for purposes of compliance with applicable “know your customer” and anti-money laundering rules and regulations, including the Patriot Act and Beneficial Ownership Regulation (and upon such execution and delivery, such successor entity shall be the “Revolving Borrower” or “Company” hereunder, as applicable); provided, further, that each Guarantor shall, as a condition to such merger or consolidation, pursuant to documentation reasonably satisfactory to the Administrative Agent, reaffirm all of its obligations and liabilities under this Agreement and the Loan Documents (including, without limitation, its Guarantee), (iii) any Person (other than the Company or the Revolving Borrower) may merge into any Subsidiary (other than the Revolving Borrower) in a transaction in which the surviving entity is a Subsidiary, (iiiiv) any Subsidiary may sell, transfer, lease or otherwise dispose of its assets to the Company or to another Subsidiary and (ivv) any Subsidiary (other than the Revolving Borrower) may liquidate or dissolve if the Company and the Revolving Borrower determine in good faith that such liquidation or dissolution is in the best interests of the Company and the Revolving Borrower and is not materially disadvantageous to the Lenders; provided that any such merger involving a Person that is not a Wholly-Owned Subsidiary of 

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the Company and the Revolving Borrower immediately prior to such merger shall not be permitted unless also permitted by Section 6.04.”
		
	(f)
	Section 6.09 of the Credit Agreement is hereby amended as follows:

“SECTION 6.09  Disposition of Assets.  The Company will not, and will not permit any of its Subsidiaries to, sell, lease, license, transfer, assign or otherwise dispose of, whether in one or a series of transactions, all or substantially all of the assets of the Company and its Subsidiaries taken as a whole; provided that, if at the time thereof and immediately after giving effect thereto no Default shall have occurred and be continuing, solely in connection with an internal restructuring, the Company or the Revolving Borrower may transfer all or substantially all of their assets (in one transaction or a series of transactions) to any Subsidiary of the Company (whether existing prior to such disposition or created in connection therewith) or any holding company so long as the direct or indirect holders of the voting Equity Interests of such holding company immediately following such transaction are substantially the same as the holders of voting Equity Interests of the Company immediately prior to such transaction, in each case organized and existing under the laws of the United States, any State thereof or the District of Columbia; provided that in any such case, the transferee entity shall, pursuant to documentation reasonably satisfactory to the Administrative Agent, executed and delivered to the Administrative Agent by such transferee entity, expressly assume all of the Company’s or the Revolving Borrower’s obligations, as the case may be, under this Agreement and the other Loan Documents and cause to be delivered such other customary documentation reasonably requested by the Administrative Agent including a favorable opinion of counsel to such transferee and information and documentation for purposes of compliance with applicable “know your customer” and anti-money laundering rules and regulations, including the Patriot Act and Beneficial Ownership Regulation (and upon such execution and delivery, such successor entity shall be the “Revolving Borrower” or “Company” hereunder, as applicable); provided, further, that each Guarantor shall, as a condition to such disposition, pursuant to documentation reasonably satisfactory to the Administrative Agent, reaffirm all of its obligations and liabilities under this Agreement and the Loan Documents (including, without limitation, its Guarantee).”
		
	(g)
	Section 9.04(a) of the Credit Agreement is hereby amended as follows:

“(a)    The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby (including any Affiliate of any Issuing Bank that issues any Letter of Credit), except that (i) other than as expressly permitted by Sections 6.03 and 6.09, the Revolving Borrower may not assign or otherwise transfer any of their rights or obligations hereunder without the prior written consent of each Lender (and any attempted assignment or transfer by the Revolving Borrower without such consent shall be null and void) and (ii) no Lender may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section.  Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby (including any Affiliate of any Issuing Bank that issues any Letter of Credit or Swingline Lender that makes any Swingline Loan), Participants (to the extent provided in paragraph (c) of this Section) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the Issuing Banks and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.”
		
	(h)
	Section 9.18 of the Credit Agreement is hereby replaced in its entirety with the following: 

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“SECTION 9.18 Acknowledgement and Consent to Bail-In .  Notwithstanding any other term of any Loan Document or any other agreement, arrangement or understanding between the parties hereto, each party hereto acknowledges and accepts that any liability of any party hereto to any other party hereto under or in connection with the Loan Documents may be subject to Bail-In Action by the relevant Resolution Authority and acknowledges and accepts to be bound by the effect of: 
(a)    any Bail-In Action in relation to any such liability, including (without limitation):
(i)    a reduction, in full or in part, in the principal amount, or outstanding amount due (including any accrued but unpaid interest) in respect of any such liability;
(ii)    a conversion of all, or part of, any such liability into shares or other instruments of ownership that may be issued to, or conferred on, it; and
(iii)    a cancellation of any such liability; and
(b)    a variation of any term of any Loan Document to the extent necessary to give effect to any Bail-In Action in relation to any such liability.”
		
	(i)
	The Credit Agreement is hereby amended by adding the following new Section 9.19:

“SECTION 9.19 Acknowledgement Regarding Any Supported QFCs.  To the extent that the Loan Documents provide support, through a guarantee or otherwise, for hedging agreements or any other agreement or instrument that is a QFC (such support “QFC Credit Support” and each such QFC a “Supported QFC”), the parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act (together with the regulations promulgated thereunder, the “U.S. Special Resolution Regimes”) in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any other state of the United States):
In the event a Covered Entity that is party to a Supported QFC (each, a “Covered Party”) becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such Supported QFC and such QFC Credit Support, and any rights in property securing such Supported QFC or such QFC Credit Support) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if the Supported QFC and such QFC Credit Support (and any such interest, obligation and rights in property) were governed by the laws of the United States or a state of the United States. In the event a Covered Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under the Loan Documents that might otherwise apply to such Supported QFC or any QFC Credit Support that may be exercised against such Covered Party are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if the Supported QFC and the Loan Documents were governed by the laws of the United States or a state of the United States. Without limitation of the foregoing, it is understood and agreed that rights and remedies of the parties with respect to a Defaulting Lender shall in no event affect the rights of any Covered Party with respect to a Supported QFC or any QFC Credit Support.”

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3. Representations and Warranties; Loan Document. Each of the Revolving Borrower and the Company hereby represents and warrants that as of the date hereof (a) the representations and warranties of the Loan Parties set forth in the Loan Documents are true and correct in all material respects (except that any representation or warranty which is already qualified as to materiality or by reference to Material Adverse Effect is true and correct in all respects) on and as of such date, with the same effect as if made on and as of such date (other than those representations and warranties that by their terms expressly relate to an earlier date, in which case such representations and warranties were true and correct in all material respects as of such earlier date) and (b) no Default or Event of Default has occurred and is continuing. This Amendment No. 1 is a “Loan Document,” as defined in the Credit Agreement.
4. Conditions.    The amendments contained in Section 2 of this Amendment No. 1 shall become effective on the date (the “Amendment Effective Date”) on which each of the following conditions shall have been satisfied:
(a)The Administrative Agent shall have received counterparts of this Amendment No. 1 duly executed and delivered by the Revolving Borrower, the Company, each Lender and the Administrative Agent.
(b)The representations and warranties of each Loan Party set forth in Section 3 above are true and correct on and as of the Amendment Effective Date.
(c)The Revolving Borrower shall have paid all fees and expenses for which invoices have been presented on or prior to the Amendment Effective Date, including reasonable legal fees and disbursements of counsel to the Administrative Agent.
5. Continuing Effect; No Other Amendments or Modifications; Reaffirmation. Except as expressly provided herein, all of the terms and provisions of the Credit Agreement are and shall remain in full force and effect. The amendments provided for herein are limited to the specific subsection(s) of the Credit Agreement specified herein and shall not constitute an amendment or other modification of, or an indication of the Administrative Agent’s or the Lenders’ willingness to amend or modify any other provisions of the Credit Agreement. Each of the Revolving Borrower and the Company hereby acknowledges and agrees that, after giving effect to this Amendment No. 1, except as expressly set forth in this Amendment No. 1, all of its respective obligations and liabilities under the Loan Documents (including, without limitation, the Guaranty executed by the Company) to which it is a party are reaffirmed, and remain in full force and effect. The execution, delivery and performance of this Amendment No. 1 shall not constitute a waiver of any provision of, or operate as a waiver of any right, power or remedy of any Agent or Lender under, the Credit Agreement or any of the other Loan Documents.
6. Expenses. The Revolving Borrower agrees to pay and reimburse the Administrative Agent for all its reasonable costs and out-of-pocket expenses incurred in connection with the preparation and delivery of this Amendment No. 1, including, without limitation, the reasonable fees and disbursements of counsel to the Administrative Agent.
7. Headings. Section headings herein and in the Loan Documents are included for convenience of reference only and shall not affect the interpretation of this Amendment No. 1 or any other Loan Document.
8. Counterparts. This Amendment No. 1 may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of a signature page of this 

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Amendment No. 1 by email or facsimile transmission or other electronic means shall be effective as delivery of a manually executed counterpart of this Amendment No. 1.
9. GOVERNING LAW. THIS AMENDMENT NO. 1 SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK. SECTIONS 9.09 AND 9.10 OF THE CREDIT AGREEMENT ARE INCORPORATED BY REFERENCE HEREIN MUTATIS MUTANDIS.
[remainder of page intentionally left blank]

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to be duly executed and delivered by their respective authorized officers as of the day and year first above written.

	
			
	PERRIGO FINANCE UNLIMITED COMPANY, as the

	Revolving Borrower

	 
	 

	By:
	/s/ Lou Cherico

	 
	Name: Lou Cherico

	 
	Title: VP, Treasurer

	 
	 

	PERRIGO COMPANY PLC,

	as the Company

	 
	 

	By:
	/s/ Raymond P. Silcock

	 
	Name: Raymond P. Silcock

	 
	Title: EVP and CFO

	 
	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	JPMORGAN CHASE BANK, N.A., 

	as Administrative Agent

	 
	 

	By:
	/s/ Sabir Hashmy

	 
	Name: Sabir Hashmy

	 
	Title: Managing Director

	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	JPMORGAN CHASE BANK, N.A., 

	as a Lender

	 
	 

	By:
	/s/ Sabir Hashmy

	 
	Name: Sabir Hashmy

	 
	Title: Managing Director

	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	HSBC Bank USA, N.A., as a Lender

	 
	 

	By:
	/s/ Elizabeth Peck

	 
	Name: Elizabeth Peck

	 
	Title: Director

	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	WELLS FARGO BANK, NATIONAL ASSOCIATION,

	as a Lender

	 
	 

	By:
	/s/ Jordan Harris

	 
	Name: Jordan Harris

	 
	Title: Director

	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	BANK OF AMERICA, N.A., as a Lender

	 
	 

	By:
	/s/ Joseph L. Corah

	 
	Name: Joseph L. Corah

	 
	Title: Director

	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	BARCLAYS BANK PLC, as a Lender

	 
	 

	By:
	/s/ Edward Pan

	 
	Name: Edward Pan

	 
	Title: Associate

	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	Citibank, N.A., as a Lender

	 
	 

	By:
	/s/ Eugene Yermash

	 
	Name: Eugene Yermash

	 
	Title: Vice President

	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,

	as a Lender

	 
	 

	By:
	/s/ Judith Smith

	 
	Name: Judith Smith

	 
	Title: Authorized Signatory

	 
	 

	By:
	/s/ Lingzi Huang

	 
	Name: Lingzi Huang

	 
	Title: Authorized Signatory

	 
	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	DEUTSCHE BANK AG NEW YORK BRANCH, as a

	Lender

	 
	 

	By:
	/s/ Ming K. Chu

	 
	Name: Ming K. Chu

	 
	Title: Director

	 
	 

	By:
	/s/ Virginia Cosenza

	 
	Name: Virginia Cosenza

	 
	Title: Vice President

	 
	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	BNP PARIBAS, as a Lender

	 
	 

	By:
	/s/ John Bosco

	 
	Name: John Bosco

	 
	Title: Managing Director

	 
	 

	By:
	/s/ Michael Pearce

	 
	Name: Michael Pearce

	 
	Title: Managing Director

	 
	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	FIFTH THIRD BANK, as a Lender

	 
	 

	By:
	/s/ Nathaniel E. Sher

	 
	Name: Nathaniel E. (Ned) Sher

	 
	Title: Senior Vice President

	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	ING Bank N.V., Dublin Branch, as a Lender

	 
	 

	By:
	/s/ Sean Hassett

	 
	Name: Sean Hasset

	 
	Title: Director

	 
	 

	By:
	/s/ Cormac Langford

	 
	Name: Cormac Langford

	 
	Title: Director

	 
	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	Mizuho Bank, Ltd., as a Lender

	 
	 

	By:
	/s/ Tracy Rahn

	 
	Name: Tracy Rahn

	 
	Title: Authorized Signatory

	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	CITIZENS BANK, N.A., as a Lender

	 
	 

	By:
	/s/ Christopher DeLauro

	 
	Name: Christopher DeLauro

	 
	Title: Senior Vice President

	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	PNC Bank, National Association, as a Lender

	 
	 

	By:
	/s/ Zoila Baker

	 
	Name: Zoila Baker

	 
	Title: Vice President

	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	U.S. Bank National Association, as a Lender

	 
	 

	By:
	/s/ Joseph M. Schnorr

	 
	Name: Joseph M. Schnorr

	 
	Title: Senior Vice President

	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	SOCIETE GENERALE, as a Lender

	 
	 

	By:
	/s/ Kiberly Metzger

	 
	Name: Kimberly Metzger

	 
	Title: Director

	 
	 

[Perrigo - Revolver Amendment No. 1]

        

	
			
	Bank Hapoalim B.M., as a Lender

	 
	 

	By:
	/s/ Maxine Levy

	 
	Name: Maxine Levy

	 
	Title: First Vice President

	 
	 

	By:
	/s/ Nurit Rom

	 
	Name: Nurit Rom

	 
	Title: Vice President, Israel Business Division

	 
	 
	 

[Perrigo - Revolver Amendment No. 1]Exhibit 10.05

 

PURCHASE AGREEMENT

among

 

Sidewinder Dairy, Inc.,

an Arizona corporation

 

(“Seller”)

 

and

AIRWARE LABS CORP.

A DELAWARE CORPORATION

 

(“Buyer”)

dated as of

April 20th, 2018

    	 

    	 

    

PURCHASE
AGREEMENT

This Purchase
Agreement (this “Agreement”), dated as of April 20th, 2018 (the “Effective Date”), is entered
into amongst, Sidewinder Dairy, Inc., an Arizona corporation, 2734 E. Kortsen Road and 2033 N. Overfield Road, Casa Grande, Arizona
85194, and (“Seller”), and Airware Labs Corp., a Delaware corporation, 7377 E. Doubletree Ranch Road, Suite
A260, Scottsdale, AZ 85258 (“Buyer”).

RECITALS

Sellers own
fee simple title to certain real property and improvements located in Pinal County, Arizona located
thereon, together comprising of approximately 44 acres, including any and all mineral rights, but excluding rights to wells
and water used on or appurtenant to the real property, which real property is legally described
on Exhibit A (the “Real Property”). Seller previously operated a dairy on the Real Property (the “Business”).

Sellers wish
to sell and assign to Buyer, and Buyer wishes to purchase from Sellers, all of Sellers’ right, title and interest to the
Real Property and assets used in the Business, subject to the terms and conditions set forth herein.

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

Article
I

Purchase and Sale

Section
1.01 Purchase and Sale of Assets.  Subject to the terms and conditions set forth herein, at the Closing, Sellers
shall sell, assign, transfer, convey, and deliver to Buyer, and Buyer shall purchase from Sellers, free and clear of any and all
charge, claim, community property interest, pledge, condition, equitable interest, lien (statutory or other), option, security
interest, mortgage, easement, encroachment, right of way, right of first refusal, or restriction of any kind (“Encumbrances”),
except for such Encumbrances agreed to by Buyer in this Agreement or as may be disclosed in the Title Report and accepted by Buyer,
all of Sellers’ right, title, and interest in, to, and under all of the assets listed in this Section 1.01 (collectively,
the “Purchased Assets”). The Purchased Assets are:

(a)
fee simple interest in, to, and under the Real Property, including the improvements, appurtenances, mineral rights, but
excluding any well water rights and Type 2 Water Rights on the Real Property;

(b)
the tangible personal property and improvements located on the Real Property and used in the Business specifically listed
on Exhibit D, or if none is listed on Exhibit D, then the parties will transfer no tangible personal property under this
Agreement (the “Tangible Personal Property”).

(c)
EXCLUDED FROM THE PROPERTY ARE (A) ALL TRANSFERABLE WATER RIGHTS OTHERWISE ASSOCIATED OR USED WITH THE LAND, INCLUDING
THOSE TYPE 2 NON-IRRIGATION GRANDFATHERED GROUND WATER RIGHTS IDENTIFIED IN CERTIFICATE NO. 58-150105.0002 (44.84 acre feet); (B)
ALL BUILDINGS AND IMPROVEMENTS ON THE LAND AND ALL PERSONAL PROPERTY, INCLUDING LIVESTOCK, INVENTORY AND EQUIPMENT, ALL OF WHICH
SHALL BE THE PROPERTY OF SELLER.

Section
1.02 No Liabilities.  Buyer shall not assume any liabilities or obligations of Sellers of any kind, whether known
or unknown, contingent, matured or otherwise, whether currently existing or hereinafter created (the “Excluded Liabilities”).

Section
1.03 Purchase Price. The purchase price for the Purchased Assets shall be Three Million and No/100 Dollars ($3,000,000.00)
(the “Purchase Price”). The Purchase Price shall be payable as follows:

(a)
Within thirty (30) days after execution of this Agreement, Buyer shall deposit Two Hundred Thousand and No/100 Dollars $200,000
with Escrow Agent (defined in Section 3.01), as an earnest money deposit (“Initial Earnest Money Deposit”).

(b)
On or before February 1, 2019, Buyer shall deposit an additional $800,000.00 with Escrow Agent as an additional earnest
money deposit (“Additional Earnest Money Deposit”). The Initial Earnest Money Deposit and the Additional Earnest
Money Deposit shall be referred to jointly as the “Earnest Money Deposit”. Subject to Section 1.03(c),
the Earnest Money Deposit shall be credited to Buyer, but immediately released to Seller.

(c)
The Earnest Money Deposit shall be non-refundable to Buyer after the expiration of the Due Diligence Period, provided Buyer
does not terminate this Agreement pursuant to Section 4.04 or Section 4.07. The Earnest Money Deposit shall be applied
against the Purchase Price at the Close of Escrow if not otherwise disbursed to Seller or Buyer in accordance with the terms hereof
prior to the Close of Escrow.

(d)
The balance of the Purchase Price shall be paid by a Promissory Note at the Close of Escrow.

Section 1.04
Funds Deposited in Escrow. Upon receipt of the Earnest Money Deposit, Escrow Agent shall immediately deposit it in a federally
insured, interest bearing account of Buyer’s choice. All interest earned thereon shall become part of the Earnest Money Deposit
and shall be paid to whichever party becomes entitled to the Earnest Money Deposit under any provision of this Agreement, whether
or not the provision specifically refers to interest on the Earnest Money Deposit. The Earnest Money Deposit shall be held, credited
and then released as described in Section 1.03 above.

 

Article
II

opening and Closing

Section
2.01 Opening of Escrow. The Title Company (as defined in Section 3.01) shall sign and date this Agreement
on the space provided at the end of this Agreement, indicating that escrow has been opened as of such date (“Opening of
Escrow”), which date shall be the date at which Title Company is in possession of a fully executed Agreement.

Section
2.02 Closing.  Subject to the terms and conditions of this Agreement, the sale and purchase of the Purchased
Assets shall take place at a closing (the “Closing”) to be held on April 1,
2019 (the “Closing Date”). Notwithstanding the actual time of the Closing,
the Closing shall be effective and Buyer shall own all the Purchased Assets as of 12:01 a.m. Arizona time on the Closing Date so
that Buyer owns the Purchased Assets for the entire day of the Closing Date.

		Section	2.03
Closing Deliverables.

(a)
At the Closing, Sellers shall:

(i)
Execute and deliver to the Escrow Agent a duly executed special warranty deed in the form attached hereto as Exhibit
B (the “Warranty Deed”) transferring the Real Property and all improvements,
buildings, structures and fixtures located on the Real Property to Buyer; 

(ii)
Execute and deliver to the Escrow Agent a bill of sale in the form attached hereto as Exhibit C (the “Bill
of Sale”) transferring all Tangible Personal Property to Buyer;

(iii)
Execute and deliver to the Escrow Agent such other customary instruments of transfer, assumption, filings or documents,
in form and substance reasonably satisfactory to Buyer, as may be required to give effect to this Agreement.

(b)
At the Closing, Buyer shall:

(i)
Deposit with the Escrow Agent the Purchase Price less the Earnest Money Deposit;

(ii)
Execute and deliver to Escrow Agent a Promissory Note in the form attached hereto as Exhibit D (the “Promissory
Note”) paying the balance of the Purchase Price;

(iii)
Execute and deliver to Escrow Agent a Deed of Trust in the form attached hereto as Exhibit E (the “Deed
of Trust”) securing the Property;

(iv)
Execute and deliver to Escrow Agent the List of Tangible Personal Property in the form attached hereto as Exhibit F
(“List of Tangible Personal Property” which shall be the basis of the Bill of Sale referred to above);

(v)
Execute and deliver to Escrow Agent the acceptance of the Dairy Farm Lease in the form attached hereto as Exhibit G
(“Dairy Farm Lease”) acknowledging the Lease of the Property; and

(vi)
Execute and deliver from time to time such other documents and take such other action as may be necessary and/or incidental
to accomplish the transaction contemplated hereby.

Section
2.04 Sellers’ Closing Costs.
Upon the Closing, Sellers agree to pay one-half of the escrow charges, the recording costs relating to the Warranty Deed and the
Affidavit of Property Value, and that portion of the cost of the Owner’s Title Policy (as defined below) equal to the cost
of a standard coverage owner’s policy of title insurance.

Section
2.05 Buyer’s Closing Costs.
Upon the Closing, Buyer agrees to pay one-half of the escrow charges, the recording costs relating to the Warranty Deed and the
Affidavit of Property Value, and that portion of the cost of the Owner’s Title Policy which exceeds the cost of a standard
coverage policy, and the cost of any endorsements to the Owner’s Title Policy required by Buyer.

Section
2.06 Prorations. Real estate taxes, charges and assessments shall be prorated through the Escrow, as of the Closing
Date, and shall be based upon the latest available information. Any other closing cost shall be paid by Buyer and Sellers according
to the usual and customary practice in Pima County, Arizona, unless otherwise specified herein.

Section
2.07   Utilities. 
If possible, in lieu of prorating utility charges, if any, utility readings will be taken on the day prior to the Closing Date,
Sellers shall pay the charges for utility services based on such reading, and Buyer shall contract for such utilities and pay all
utility expenses incurred on and after the Closing Date.

 

Article
III

Escrow

Section
3.01   Escrow.
An escrow for this transaction shall be established with Title Security Agency, 421 E. Cottonwood Lane, Casa Grande, Arizona 85122,
Attn: LaTisha Sopha (“Escrow Agent” or “Title Company”) to facilitate the consummation of the sale
of the Purchased Assets. This Agreement shall constitute escrow instructions and a fully executed copy or counterpart copies shall
be deposited with Escrow Agent for this purpose. Should Escrow Agent require the execution of its standard form printed escrow
instructions, Buyer and Sellers agree to execute the same; however, such instructions shall be construed as applying only to Escrow
Agent’s employment, and if there are conflicts between the terms of this Agreement and the terms of the printed escrow instructions,
the terms of this Agreement shall control. In no event shall the parties be required to execute any printed escrow instructions
that purport to exculpate Escrow Agent from its own negligent conduct, willful misconduct, breach of written instructions or bad
faith acts.

Section
3.02   Cancellation of Escrow.
If the escrow fails to close because of Sellers’ default, Sellers shall be liable for all customary escrow cancellation charges.
If the escrow fails to close because of Buyer’s default, Buyer shall be liable for all customary escrow cancellation charges.
If the escrow fails to close for any other reason, Sellers and Buyer shall each be liable for one-half (1/2) of all customary escrow
cancellation charges, if any.

Article
IV

Due Diligence

Section
4.01   Due Diligence Period.
At its sole cost, and for a period of time beginning upon the Opening of Escrow and ending at 5:00 p.m. Arizona time on the date
Buyer selects, but in no event thirty (30) days following the Opening of Escrow (the “Due Diligence Period”),
Buyer shall have the right to enter upon the Real Property with Buyer’s representatives and agents for the purpose of examining
the Purchased Assets, and testing, inspecting, examining and investigating the physical condition of the Purchased Assets. At its
sole cost, Buyer, its representatives and agents shall have the right during the Due Diligence Period to conduct any testing, examinations
and investigations it deems necessary to assess the physical condition of the Purchased Assets and to determine the feasibility
of the same for Buyer’s purposes, including but not limited to, testing of the soils, hydrology, architectural, engineering,
environmental, and flood hazards. Buyer agrees to indemnify and hold Sellers harmless for, from and against any liability and/or
damages caused by Buyer in exercising the foregoing license (unless arising solely from Sellers’ negligence or willful misconduct),
and agrees that its obligations to indemnify shall survive any termination of this Agreement and the Close of Escrow. Sellers
and Buyer will cooperate with each other and proceed, as expeditiously as reasonably possible, to provide information to each other
during the Due Diligence Period.

Section
4.02   Access to Real Property. Prior to and after the Opening
of Escrow until the Closing, provided Buyer hasn’t terminated this Agreement pursuant to Section 4.04 or Section
4.07, Sellers shall afford Buyer and its representatives full and free access to and the right to inspect all of the Real Property
and Tangible Personal Property and improvements or structures located thereon, subject to Buyer’s indemnity obligations under
this Agreement.

Section
4.03   Title Report.
Within five (5) days following the Opening of Escrow or as soon as reasonably possible, Escrow Agent shall deliver a current commitment
for title insurance for the Real Property (the “Title Report”) to Buyer and Sellers. The Title Report shall
show the status of title to the Real Property as of the date of the Title Report and shall be accompanied by legible copies of
all exceptions to title referred to in the Title Report.

Section
4.04   Title Review Period.
Buyer shall have the Due Diligence Period to review the Title Report and to give Sellers and Escrow Agent written notice that it
approves all title exceptions thereon (the “Title Approval Notice”) or written notice of any title exception
which is unacceptable to Buyer (the “Title Disapproval Notice”). Buyer’s failure to timely give either
a Title Approval Notice or a Title Disapproval Notice shall be deemed Buyer’s approval of all such title exceptions. Buyer
shall have an additional five (5) days after receipt of any amended Title Report and any underlying documents relating to such
amendment to give Sellers and Escrow Agent a Title Disapproval Notice with respect to any material title exception not previously
listed which is unacceptable to Buyer (“New Matters”). If Buyer timely gives a Title Disapproval Notice as to
any exception to title, Sellers shall elect by giving written notice to Buyer and Escrow Agent to eliminate such disapproved exception
from the respective Title Report prior to the Closing Date, or Sellers may give Buyer and Escrow Agent written notice that it elects
not to eliminate such disapproved exception from the respective Title Report. If Sellers fail to deliver written notice of such
election within five (5) business days after receipt of a Title Disapproval Notice, Sellers shall be deemed to have elected not
to eliminate the disapproved exceptions. If Sellers elect not to eliminate any disapproved exception from the Title Report (or
if Sellers are deemed to have made such election), then Buyer shall have three (3) business days after receipt of such written
notice from Sellers (or from the date on which Sellers is deemed to have elected not to eliminate the disapproved exceptions) to
elect by written notice to Sellers and Escrow Agent to either terminate this Agreement or to agree to close this transaction subject
to such exceptions. Buyer’s failure to timely give any such notice shall be deemed Buyer’s election to terminate this
Agreement. If Buyer elects to terminate this Agreement pursuant to this Section, the Earnest Money Deposit shall be refunded to
Buyer, this Agreement shall terminate and the parties shall have no further obligations under this Agreement to each other except
for Buyer’s indemnity under this Agreement. 

Section
4.05 Owner’s Title Policy.
Escrow Agent shall issue to Buyer an ALTA extended coverage owner’s policies of title insurance for the Real Property (the
“Owner’s Title Policies”) at the Closing or irrevocably commit to issue such policy as soon thereafter
as is reasonably possible. The Owner’s Title Policies shall be issued by Escrow Agent in the full amount of the Purchase
Price, be effective as of the Closing Date, and shall insure Buyer that fee simple title to the Real Property is vested in Sellers,
subject only to: (i) the usual printed exceptions and exclusions contained in such title insurance policies; (ii) the
exceptions to title approved by Buyer as provided for in this Agreement; and (iii) any other matter approved in writing by
Buyer or resulting from the acts of Buyer or Buyer’s agents.

Section
4.06 Survey. As soon as reasonably possible after the Opening of
Escrow, Seller shall provide the existing ALTA survey to Buyer (“Existing Survey”). Buyer, at its sole cost and expense
may obtain a current ALTA Survey (“Current Survey”). The Existing Survey and the Current Survey are collectively referred
to as the “Survey”. Buyer shall have the Due Diligence Period to review and approve or disapprove the Survey.

Section
4.07 Buyer’s Right to Terminate.
 Buyer may terminate this Agreement for any reason or no reason on or before the expiration of the Due Diligence Period
by giving written notice to Sellers and Escrow Agent of Buyer’s election to terminate this Agreement (the “Termination
Notice”). This Agreement is also subject to Buyer’s right to terminate, whether such right is exercised during
the Due Diligence Period or not, because of (1) Buyer’s inability to obtain financing which is satisfactory to Buyer in Buyer’s
sole discretion, subject to the requirement that Buyer shall provide Sellers with a conditional loan commitment from its
lender with terms that are acceptable to Buyer within three (3) days following the end of the Due Diligence Period; or (2) a failure
of the Purchased Assets to appraise for the Purchase Price, as determined by an appraisal satisfactory to Buyer and in Buyer’s
sole discretion. If prior to the Closing Date, Buyer elects to terminate this Agreement, this
Agreement shall terminate, the Earnest Money Deposit shall be refunded to Buyer and the parties shall have no further obligations
under this Agreement to each other except for Buyer’s indemnity obligations under this Agreement. 

Article
V

Closing Conditions

Section
5.01 Conditions to Obligations of Buyer.  The obligations of Buyer to consummate the transaction contemplated
by this Agreement shall be subject to the satisfaction in Buyer’s reasonable discretion of each of the following conditions
on or before the Closing date:

(a)
Buyer shall have not terminated this Agreement pursuant to Section 4.04 or Section 4.07.

(b)
Buyer shall have provided a Note and Deed of Trust acceptable to Seller;

(c)
Buyer shall have obtained an appraisal for the Purchased Assets in an amount equivalent to the Purchase Price as determined
by an appraisal satisfactory to Buyer in Buyer’s sole discretion;

(d)
Sellers shall have duly performed and complied in all material respects with all agreements, covenants, and conditions required
by this Agreement (“Transaction Documents”) to be performed or complied with by it prior to or on the Closing
Date. All of Sellers’ representations and warranties made in this Agreement shall be true and correct as of the dates made.

(e)
No action shall have been commenced against Buyer or Sellers, which would prevent the Closing. No injunction or restraining
order shall have been issued by any Governmental Authority, and be in effect, which restrains or prohibits any transaction contemplated
hereby.

(f)
From the date of this Agreement, there shall not have occurred any event that would have a material adverse effect on the
value of the Real Property and Tangible Personal Property, nor shall any event or events have occurred that, individually or in
the aggregate, with or without the lapse of time, could reasonably be expected to result in a material adverse effect on the Real
Property or Tangible Personal Property.

(g)
Sellers shall have delivered to Escrow Agent duly executed and, if applicable, acknowledged counterparts to the Transaction
Documents and such other documents and deliveries set forth in Section 2.03.

(i)
All Encumbrances relating to the Real Property and Tangible Personal Property shall have been released in full, and Sellers
shall have delivered to Buyer written evidence of the release of all Encumbrances. Sellers shall have delivered to Buyer such other
documents or instruments as Escrow Agent reasonably requests and are reasonably necessary to consummate the transactions contemplated
by this Agreement.

Section
5.02 Conditions to Obligations of Sellers.  The obligations of Sellers to consummate the transactions
contemplated by this Agreement shall be subject to the satisfaction in Sellers’ reasonable discretion of each of the following
conditions on or before the Closing date:

(a)
All of Buyer’s representations and warranties made in this Agreement shall be true and correct as of the Closing.

(b)
Buyer shall have signed a Note and Deed of Trust acceptable to Seller.

(c)
Buyer shall have performed and complied with all of its obligations required by this Agreement to be performed or complied
with by it on or prior to the Closing.

(d)
Buyer shall have delivered to Escrow Agent duly executed counterparts to the Transaction Documents and such other documents
and deliveries reasonably required to carry out the terms of this Agreement.

(e)
Buyer shall have deposited the balance of the Purchase Price with Escrow Agent pursuant to Section 1.03.

Article
VI

Representations and warranties of Sellers

Sellers represent
and warrant to Buyer that the statements contained in this Article VI are true and correct as of the Effective Date. For
purposes of this Article VI, “Sellers’ actual knowledge,” “actual knowledge of Sellers” and
any similar phrases shall mean the actual cognitive awareness of Sellers, without making any independent investigations or inquiries
and without any duty to do so and specifically negating the doctrines of constructive or imputed notice or knowledge.

Section
6.01   Organization and Authority of Sellers; Enforceability. Sidewinder
Dairy, Inc., is a corporation duly organized, validly existing and in good standing under the laws of the state of Arizona. Sellers
have full corporate power and/or authority to enter into this Agreement and the documents to be delivered hereunder, to carry out
Sellers’ obligations hereunder and to consummate the transactions contemplated hereby. The execution, delivery and performance
by Sellers of this Agreement and the documents to be delivered hereunder and the consummation of the transactions contemplated
hereby have been duly authorized by all requisite corporate action, if any, on the part of Sellers. This Agreement and the documents
to be delivered hereunder have been duly executed and delivered by Sellers, and (assuming due authorization, execution and delivery
by Buyer) this Agreement and the documents to be delivered hereunder constitute legal, valid and binding obligations of Sellers.
Buyer shall also have signed a Lease acceptable to Seller for 44 acres of the Property. Said Lease is attached hereto as Exhibit
E.

Section
6.02   No Conflicts; Consents.  The execution, delivery and performance
by Sellers of this Agreement and the documents to be delivered hereunder, and the consummation of the transactions contemplated
hereby, do not and will not: (a) violate or conflict with the articles of organization, operating agreement, or other organizational
documents of SD, Inc.; (b) to Sellers’ actual knowledge violate or conflict with any judgment, order, decree, statute, law,
ordinance, rule or regulation applicable to Sellers or the Purchased Assets; (c) conflict with, or result in (with or without notice
or lapse of time or both) any violation of, or default under, or give rise to a right of termination, acceleration or modification
of any obligation or loss of any benefit under any contract or other instrument to which Sellers are a party or to which any of
the Purchased Assets are subject; or (d) result in the creation or imposition of any encumbrance on the Purchased Assets. No consent,
approval, waiver or authorization is required to be obtained by Sellers from any person or entity (including any governmental authority)
in connection with the execution, delivery and performance by Sellers of this Agreement and the consummation of the transactions
contemplated hereby.

Section
6.03   Real Property. Except as may be disclosed in the Title Report,
Sellers own good and marketable fee simple title to the Real Property and good and marketable fee simple title to the improvements
located on the Real Property, in each case free and clear of Encumbrances except for the existing Dairy Farm Lease and Manufactured
Home Leases (as defined in Section 6.05) on the Real Property. As of the Closing Date, there shall be no existing leases
or tenancies affecting all or any portion of the Real Property. To Sellers’ actual knowledge, as of the Closing Date, all
improvements on the Real Property are adequate for the uses to which they are currently being put. To the best of Sellers’
actual knowledge, there are no defects associated with the condition of the improvements that would materially interfere with the
Business and which could not be discovered by the exercise of reasonable diligence by Buyer and qualified consultants retained
by Buyer. Seller further discloses that one of the manufactured homes located on the Real Property is over twenty years old and
the other one is over forty years old and they may be in need of maintenance and repairs.

Section
6.04   Condemnation. There are no actions pending nor, to the Sellers’
actual knowledge, threatened against or affecting the Real Property or any portion thereof or interest therein in the nature or
in lieu of condemnation or eminent domain proceedings.

Section
6.05   Agreement to Dairy Farm Lease. Seller intends to lease 44
acres of the property back to Buyer pursuant to that Lease attached hereto as Exhibit E.

Section
6.06   No Zoning Changes. Sellers have not made any application
which is pending for a variance or change in zoning or occupancy of the Real Property. Sellers have no actual knowledge that any
Governmental Authority is contemplating a rezoning or other land use decision for the Real Property.

Section
6.07   No Casualty. No part of the Real Property has been damaged
by any fire or other casualty which has not been fully repaired prior to the Effective Date.

Section
6.08   “AS IS” Sale. Except as otherwise expressly
set forth in this Agreement and the Special Warranty Deed, neither Seller nor its members, officers, employees, agents, representatives,
attorneys or contractors (collectively “Seller’s Parties”) have made any representations, guaranties,
promises, assurances or warranties, express or implied, to Buyer including, without limitation, any pertaining to the suitability
of the Property for any purpose, the profitability of owning or operating the Property, the physical or environmental condition
thereof, the suitability, habitability or merchantability or fitness of the Property for Buyer’s intended use or for any
use whatsoever, the rentals, income or expenses thereof, the net or gross acreage contained therein, the zoning thereof, the condition
of title thereto, the existence or satisfaction of any local, state or federal approvals or permits for the development or use
thereof, the availability or existence of water, sewer or other utilities, the existence or nonexistence of any hazardous substances
or materials in, on or under the Property, or as to any past, present or future matter whatsoever. The Property will be purchased
“AS IS AND WITH ALL FAULTS”. Buyer shall assume the responsibility and risk of all defects to and conditions of the
Property, including such defects and conditions, if any, which cannot be observed by casual inspection. Seller and Buyer acknowledge
and agree that this representation of Seller and disclaimer has been specifically negotiated and that the Property will be sold
in its then-present condition. Except to the extent of any express representations contained in this Agreement and the Special
Warranty Deed, Buyer will release the Seller from any and all amounts, actions, demands, claims, costs, expenses, damages and liabilities
(including, without limitation, attorneys’ fees and costs) (collectively, the “Liabilities”) relating
to or arising from the condition or status of, or any other matter in any way pertaining to, the Property, whether known or unknown,
foreseen or unforeseen, patent or latent. The provisions of this Section shall survive the execution and delivery of the Special
Warranty Deed and the closing of the transaction contemplated hereby.

Section
6.09 Compliance With Laws. Sellers have complied,
and are now complying, with all applicable federal, state and local laws and regulations applicable to ownership and use of the
Real Property.

Section
6.10     
Environmental Matters.

(a)
To Seller’s actual knowledge, the operations of Sellers with respect to the Real Property and Business are currently
and have been in material compliance with all environmental laws. Sellers have not received from any person, with respect to the
Real Property, any: (i) environmental notice or environmental claim; or (ii) written request for information pursuant to environmental
law, which, in each case, either remains pending or unresolved, or is the source of ongoing obligations or requirements as of the
Effective Date.

(b)
To Sellers’ actual knowledge, none of the Real Property is listed on, or has been proposed for listing on, the National
Priorities List (or CERCLIS) under CERCLA, or any similar state list.

(c)
To Sellers’ actual knowledge, there has been no release of hazardous materials in contravention of environmental law
with respect to the Real Property, and Sellers have not received an environmental notice that the Real Property has been contaminated
with any hazardous material which could reasonably be expected to result in an environmental claim against, or a violation of environmental
law, or term of any environmental permit; and

(d)
To the best of Sellers’ actual knowledge, there are no active or abandoned underground storage tanks owned or operated
by Sellers on the Real Property.

Section
6.11 Taxes.  There are no liens for taxes upon
any of the Purchased Assets, except for real property taxes due but not yet delinquent, nor, to Sellers’ actual knowledge
is any taxing authority in the process of imposing any encumbrances for taxes on any of the Real Property (other than for current
taxes not yet due and payable).

Section
6.12   Legal Proceedings. There is no action of any nature pending
or, to Sellers’ actual knowledge, threatened against or by Sellers (a) relating to or affecting the Real Property or Tangible
Personal Property; or (b) that challenges or seeks to prevent, enjoin or otherwise delay the transactions contemplated by this
Agreement. To Sellers’ actual knowledge, no event has occurred or circumstances exist that may give rise to, or serve as
a basis for, any such Action.

Section
6.13   Encumbrances. Except as disclosed in this Agreement or as
may be disclosed in the Title Report, to Sellers’ actual knowledge, the Purchased Assets are free and clear of any charges,
claims, pledge, condition, equitable interest, lien (statutory or otherwise), option, security, interest, mortgage, easement, encroachment,
right of way, right of first refusal or restriction of any kind.

Section
6.14   Full Disclosure. No representation or warranty by Sellers
in this Agreement or any certificate or other document furnished or to be furnished to Buyer pursuant to this Agreement intentionally
contains any untrue statement of a material fact, or intentionally omits to state a material fact necessary to make the statements
contained therein, in light of the circumstances in which they are made, not misleading.

Article
VII

Representations and warranties of buyer

Buyer represents
and warrants to Sellers that the statements contained in this Article VII are true and correct as of the date hereof. For
purposes of this Article VII, “Buyer’s knowledge,” “knowledge of Buyer” and any similar phrases
shall mean the actual or constructive knowledge of any manager or officer of Buyer, after due inquiry.

Section
7.01   Organization and Authority of Buyer; Enforceability. Buyer
is a limited liability company duly organized, validly existing and in good standing under the laws of the state of Arizona. Buyer
has full legal power and authority to enter into this Agreement and the documents to be delivered hereunder, to carry out its obligations
hereunder and to consummate the transactions contemplated hereby. The execution, delivery and performance by Buyer of this Agreement
and the documents to be delivered hereunder and the consummation of the transactions contemplated hereby have been duly authorized
by all requisite legal action on the part of Buyer. This Agreement and the documents to be delivered hereunder have been duly executed
and delivered by Buyer, and (assuming due authorization, execution and delivery by Sellers) this Agreement and the documents to
be delivered hereunder constitute legal, valid and binding obligations of Buyer enforceable against Buyer in accordance with their
respective terms.

Section
7.02   No Conflicts; Consents. The execution, delivery and performance
by Buyer of this Agreement and the documents to be delivered hereunder, and the consummation of the transactions contemplated hereby,
do not and will not: (a) violate or conflict with the articles of organization or operating agreement of Buyer; or (b) violate
or conflict with any judgment, order, decree, statute, law, ordinance, rule or regulation applicable to Buyer. No consent, approval,
waiver or authorization is required to be obtained by Buyer from any person or entity (including any governmental authority) in
connection with the execution, delivery and performance by Buyer of this Agreement and the consummation of the transactions contemplated
hereby.

Section
7.03   Legal Proceedings. There is no action of any nature pending
or, to Buyer’s knowledge, threatened against or by Buyer that challenges or seeks to prevent, enjoin or otherwise delay the
transactions contemplated by this Agreement. No event has occurred or circumstances exist that may give rise to, or serve as a
basis for, any such action.

Section
7.04   “AS IS” Sale. Buyer confirms that it understands
this is an “As Is” sale and, further, reconfirms to Seller: Except as otherwise expressly set forth in this Agreement
and the Special Warranty Deed, neither Seller nor its members, officers, employees, agents, representatives, attorneys or contractors
(collectively “Seller’s Parties”) have made any representations, guaranties, promises, assurances or warranties,
express or implied, to Buyer including, without limitation, any pertaining to the suitability of the Property for any purpose,
the profitability of owning or operating the Property, the physical or environmental condition thereof, the suitability, habitability
or merchantability or fitness of the Property for Buyer’s intended use or for any use whatsoever, the rentals, income or
expenses thereof, the net or gross acreage contained therein, the zoning thereof, the condition of title thereto, the existence
or satisfaction of any local, state or federal approvals or permits for the development or use thereof, the availability or existence
of water, sewer or other utilities, the existence or nonexistence of any hazardous substances or materials in, on or under the
Property, or as to any past, present or future matter whatsoever. Buyer acknowledges and agrees that with the aid of independent
expert advice it will have had an opportunity to satisfy, prior to the expiration of the Feasibility Review Period, itself regarding
the condition of the Property, and that the Property will be purchased “AS IS AND WITH ALL FAULTS”. Buyer shall assume
the responsibility and risk of all defects to and conditions of the Property, including such defects and conditions, if any, which
cannot be observed by casual inspection. Seller and Buyer acknowledge and agree that this disclaimer has been specifically negotiated
and that the Property will be sold in its then-present condition. Except to the extent of any express representations contained
in this Agreement and the Special Warranty Deed, Buyer hereby releases the Seller Parties from any and all amounts, actions, demands,
claims, costs, expenses, damages and liabilities (including, without limitation, attorneys’ fees and costs) (collectively,
the “Liabilities”) relating to or arising from the condition or status of, or any other matter in any way pertaining
to, the Property. Buyer acknowledges and agrees that the release and discharge given by it hereunder to the Seller Parties extends
to all such Liabilities described above, whether known or unknown, foreseen or unforeseen, patent or latent, which Buyer may at
any time have against the Seller Parties. The provisions of this Section shall survive the execution and delivery of the Special
Warranty Deed and the closing of the transaction contemplated hereby.

 

Article
VIII

Covenants

 

Section
8.01   Further Assurances. Following the Closing, each of the parties
hereto shall execute and deliver such additional documents, instruments, conveyances and assurances and take such further actions
as may be reasonably required to carry out the provisions hereof and give effect to the transaction contemplated by this Agreement
and the documents to be delivered hereunder.

Article
IX

Indemnification

Section
9.01 Survival. All representations, warranties,
covenants and agreements contained in this Agreement and all related rights to indemnification shall survive the Closing.

Section
9.02 Indemnification By Sellers. Subject to
the other terms and conditions of this Article IX, Sellers shall defend, indemnify and hold harmless Buyer, its affiliates
and their respective members, equity holders, directors, officers, agents and employees from and against all claims, judgments,
damages, liabilities, settlements, losses, costs and expenses, including attorneys’ fees and disbursements, arising from
or relating to:

(a)
any inaccuracy in or breach of any of the representations or warranties of Sellers contained in this Agreement or any document
to be delivered hereunder; or

(b)
any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Sellers pursuant to this Agreement
or any document to be delivered hereunder.

Section
9.03 Indemnification By Buyer. Subject to the
other terms and conditions of this Article IX, Buyer shall defend, indemnify and hold harmless Sellers, its affiliates and
their respective stockholders, equity holders, directors, officers, agents and employees from and against all claims, judgments,
damages, liabilities, settlements, losses, costs and expenses, including attorneys’ fees and disbursements, arising from
or relating to:

(a)
any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or any document
to be delivered hereunder; or

(b)
any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement
or any document to be delivered hereunder.

Section
9.04  Indemnification Procedures. Whenever
any claim shall arise for indemnification hereunder, the party entitled to indemnification (the “Indemnified
Party”) shall promptly provide written notice of such claim to the other party (the “Indemnifying
Party”). In connection with any claim giving rise to indemnity hereunder resulting from or arising out of any
action by a person or entity who is not a party to this Agreement, the Indemnifying Party, at its sole cost and expense and upon
written notice to the Indemnified Party, may assume the defense of any such action with counsel reasonably satisfactory to the
Indemnified Party. The Indemnified Party shall be entitled to participate in the defense of any such action, with its counsel and
at its own cost and expense. If the Indemnifying Party does not assume the defense of any such action, the Indemnified Party may,
but shall not be obligated to, defend against such action in such manner as it may deem appropriate, including, but not limited
to, settling such action, after giving notice of it to the Indemnifying Party, on such terms as the Indemnified Party may deem
appropriate and no action taken by the Indemnified Party in accordance with such defense and settlement shall relieve the Indemnifying
Party of its indemnification obligations herein provided with respect to any damages resulting therefrom. The Indemnifying Party
shall not settle any action without the Indemnified Party’s prior written consent (which consent shall not be unreasonably
withheld or delayed).

Section
9.05 Cumulative Remedies. The rights and remedies
provided in this Article IX are cumulative and are in addition to and not in substitution for any other rights and remedies
available at law or in equity or otherwise.

Article
X

Casualty and Condemnation

 

Section
10.01   Condemnation. If prior to the Closing there is an action
pending, threatened against, or affecting all or any portion of the Real Property in the nature or in lieu of condemnation or eminent
domain proceedings, Buyer may either:

(a)
terminate this Agreement, in which event Escrow Agent shall return to Buyer the Earnest Money Deposit and thereupon neither
party shall have any further liability or obligation to the other except for Buyer’s
indemnity obligations under this Agreement; or

(b)
accept title to the Real Property subject to the taking, in which event at the Closing the proceeds of the award or payment
shall be assigned by Sellers to Buyer and any monies theretofore received by Sellers in connection with such taking shall be paid
over to Buyer.

Section
10.02   Greater Casualty Loss. If prior to the Closing any part
or portion of the Real Property is damaged as the result of fire or other casualty in an amount exceeding $20,000 and such damage
is not entirely restored to Buyer’s reasonable satisfaction prior to Closing, Buyer shall have the option to:

(a)
accept title to the Real Property without any abatement of the Purchase Price whatsoever, in which event at the Closing
all of the insurance proceeds shall be assigned by Sellers to Buyer, any monies theretofore received by Sellers in connection with
such damage shall be paid over to Buyer, and Buyer shall receive a credit against the Purchase Price in the amount of the deductible
or other co-payment required under Sellers' insurance policy, or

(b)
terminate this Agreement, in which event the Earnest Money Deposit, or so much thereof as has been paid into Escrow, shall
be returned to Buyer by Escrow Agent and thereupon neither party shall have any further liability or obligation to the other except
for Buyer’s indemnity obligations under this Agreement.

Section
10.03   Lesser Casualty Loss. If prior to the Closing, any part
of portion of the Real Property is damaged as a result of fire or other casualty in an amount less than $20,000 and provided Buyer
has not previously terminated this transaction in accordance with the other provisions of this Agreement, Buyer shall accept title
to the Purchase Assets without any abatement of the Purchase Price whatsoever, so long as Sellers are fully insured for the replacement
cost of any damage and loss, and Sellers’ insurer confirms to Buyer in writing that such damage and loss is actually covered,
in which event at the Closing Buyer shall receive a credit against the Purchase Price in the amount of the deductible or other
co-payment required under Sellers’ insurance policy and all of the insurance proceeds shall be assigned by Sellers to Buyer
and any monies theretofore received by Sellers in connection with such fire or other casualty shall be paid over to Buyer.

Section
10.04   Risk of Loss. The risk of loss or damage to the Real Property
until the Closing shall be borne by Sellers.

Article
XI

Remedies

Section
11.01Buyer’s Remedies. In the event of a failure in the performance of this Agreement by Sellers, Buyer shall notify
Sellers in writing, and if Sellers have not cured such failure within five (5) business days after such notice, then Sellers shall
be in default. If Sellers default under this Agreement Buyer shall not have the right to seek damages from Sellers for Buyer’s
loss of its bargain in failing to acquire the Real Property and Tangible Personal Property, but Buyer shall have the right to either:
(a) by written notice to Sellers and Escrow Agent cancel this Agreement, whereupon the entire Earnest Money Deposit and accrued
interest thereon shall be paid immediately by Escrow Agent to Buyer; or (b) seek specific performance; provided, however, if the
remedy of specific performance is unavailable due to the actions of Sellers, Buyer shall be entitled to Buyer’s out-of-pocket
costs and expenses incurred in connection with this transaction including, but not limited to, attorney’s fees, appraisal
fees, engineering fees and other reasonable expenses incurred by Buyer in connection with this transaction. If Buyer seeks and
obtains specific performance, Buyer shall be entitled to recover from Sellers all of Buyer’s reasonable attorney’s
fees and costs incurred in pursuing the remedy of specific performance. As a condition precedent to Buyer’s right to pursue
specific performance under section (b) above, Buyer shall (i) not be in material default under this Agreement; and (ii) file suit
in the Superior Court of Arizona in Pima County, Arizona on or before 5:00 pm MST on or before the date that is Ninety (90) days
immediately following the scheduled Closing Date. If Buyer fails to satisfy either of these conditions precedent, Buyer shall not
be entitled to and hereby waives, any right of specific performance.

Section
11.02 Sellers’ Remedies. In the event of a failure in the performance of this Agreement by Buyer, Sellers shall notify
Buyer in writing, and if Buyer has not cured such failure within five (5) business days after such notice, then Buyer shall be
in default, and, as Sellers’ sole and exclusive remedy, Sellers shall have the right to terminate this Agreement and retain
the Earnest Money Deposit as liquidated damages. The parties agree that the Earnest Money Deposit is a fair estimate of the damage
which Sellers will suffer in the event of a default by Buyer, and that this amount has been negotiated by the parties in order
to avoid the prospects, risks and expenses of litigation. Sellers waive any and all rights to, and shall have no other right to,
seek damages, specific performance or any other rights or remedies against Buyer.

Article
XII

MISCELLANEOUS

Section
12.01Expenses.  Except as expressly provided in this Agreement, all costs and expenses incurred in connection with this
Agreement and the transactions contemplated hereby shall be paid by the party incurring such costs and expenses.

Section
12.02Notices. All notices, requests, consents, claims, demands, waivers and other communications hereunder shall be in
writing and shall be deemed to have been given (a) when delivered by hand (with written confirmation of receipt); (b) when received
by the addressee if sent by a nationally recognized overnight courier (receipt requested); (c) on the date sent by facsimile or
e-mail of a PDF document (with confirmation of transmission) if sent during normal business hours of the recipient, and on the
next business day if sent after normal business hours of the recipient; or (d) on the
third day after the date mailed, by certified or registered mail, return receipt requested, postage prepaid. Such communications
must be sent as follows:

	If to Sellers:	
        Sidewinder Dairy, Inc.

        2033 N. Overfield Road

        2734 E. Kortsen Road

        Casa Grande, AZ 85194

        E-mail: psdugan@gmail.com

         

	with a copy to:	
        David A. Fitzgibbons III

        Fitzgibbons Law Offices, P.L.C.

        1115 E. Cottonwood Lane, Suite 150

        P.O. Box 11208

        Casa Grande, Arizona 85130-0148

        Phone: (520) 426-3824

        E-mail: david@fitzgibbonslaw.com

         

	If to Buyer:	
        Airware Labs Corp.

        7377 E. Doubletree Ranch Road, Suite A260

        Scottsdale, AZ 85258

         

	with a copy to:	
        Bryce Skalla

        3400 W. Highway 287

        Coolidge, AZ 85128

        E-mail: bryce@item9labs.com

         

         

         

         

        If to Escrow Agent:

         

        LaTisha Sopha

        Title Security Agency

        421 E. Cottonwood Lane

        Casa Grande, Arizona 85122

        Phone: (520) 426-4600

        E-mail: latisha.sopha@titlesecurity.com

         

Section
12.03Headings. The headings in this Agreement are for reference only and shall not affect the interpretation of this Agreement.

Section
12.04 Severability. If any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction,
such invalidity, illegality or unenforceability shall not affect any other term or provision of this Agreement or invalidate or
render unenforceable such term or provision in any other jurisdiction.

Section
12.05 Entire Agreement. This Agreement and the documents to be delivered hereunder constitute the sole and entire agreement
of the parties to this Agreement with respect to the subject matter contained herein, and supersede all prior and contemporaneous
understandings and agreements, both written and oral, with respect to such subject matter. In the event of any inconsistency between
the statements in the body of this Agreement and the documents to be delivered hereunder, the Exhibits and the statements in the
body of this Agreement will control.

Section
12.06Interpretation. For purposes of this Agreement, (a) the words “include,” “includes” and “including”
shall be deemed to be followed by the words “without limitation”; (b) the word “or” is not exclusive; and
(c) the words “herein,” “hereof,” “hereby,” “hereto” and “hereunder”
refer to this Agreement as a whole. Unless the context otherwise requires, references herein: (x) to Articles, Sections, and Exhibits
mean the Articles and Sections of this Agreement; (y) to an agreement, instrument or other document means such agreement, instrument
or other document as amended, supplemented and modified from time to time to the extent permitted by the provisions thereof and
(z) to a statute means such statute as amended from time to time and includes any successor legislation thereto and any regulations
promulgated thereunder. This Agreement shall be construed without regard to any presumption or rule requiring construction or interpretation
against the party drafting an instrument or causing any instrument to be drafted. The Exhibits referred to herein shall be construed
with, and as an integral part of, this Agreement to the same extent as if they were set forth verbatim herein

Section
12.07Successors and Assigns. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto
and their respective successors and permitted assigns. Neither party may assign its rights or obligations hereunder without the
prior written consent of the other party, which consent shall not be unreasonably withheld or delayed. No assignment shall relieve
the assigning party of any of its obligations hereunder.

Section
12.08No Third-party Beneficiaries. This Agreement is for the sole benefit of the parties hereto and their respective successors
and permitted assigns and nothing herein, express or implied, is intended to or shall confer upon any other person or entity any
legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement.

Section
12.09Amendment and Modification. This Agreement may only be amended, modified or supplemented by an agreement in writing
signed by each party hereto.

Section
12.10Waiver. No waiver by any party of any of the provisions hereof shall be effective unless explicitly set forth in writing
and signed by the party so waiving. No waiver by any party shall operate or be construed as a waiver in respect of any failure,
breach or default not expressly identified by such written waiver, whether of a similar or different character, and whether occurring
before or after that waiver. No failure to exercise, or delay in exercising, any right, remedy, power or privilege arising from
this Agreement shall operate or be construed as a waiver thereof; nor shall any single or partial exercise of any right, remedy,
power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or
privilege.

Section
12.11Governing Law. This Agreement shall be governed by and construed in accordance with the internal laws of the State
of Arizona without giving effect to any choice or conflict of law provision or rule (whether of the State of Arizona or any other
jurisdiction).

Section
12.12Submission to Jurisdiction. Any legal suit, action or proceeding arising out of or based upon this Agreement or the
transactions contemplated hereby may be instituted in the federal courts of the United States of America or the courts of the State
of Arizona in each case located in Pinal County, Arizona, and each party irrevocably submits to the exclusive jurisdiction of such
courts in any such suit, action or proceeding.

Section
12.13Waiver of Jury Trial. Each party acknowledges and agrees that any controversy which may arise under this Agreement
is likely to involve complicated and difficult issues and, therefore, each such party irrevocably and unconditionally waives any
right it may have to a trial by jury in respect of any legal action arising out of or relating to this Agreement or the transactions
contemplated hereby.

Section
12.14 Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which
together shall be deemed to be one and the same agreement. A signed copy of this Agreement delivered by facsimile, e-mail or other
means of electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this Agreement.

Section
12.15Attorneys’ Fees. Subject to the provisions of Article IX, if any party brings an action to enforce the
terms of this Agreement, the prevailing party in such action shall be entitled to recover its attorneys’ fees and costs incurred
in such action from the non-prevailing party.

Section 12.16Brokerage.
Buyer and Sellers each hereby represent and warrant to the other that they have not dealt with any broker, finder or other agent
in connection with this Agreement or the transaction contemplated hereby except Southwestern Ag Services, LLC on behalf of Sellers.
The Sellers are responsible for all brokerage fees and commissions at Closing. Each party hereby agrees to indemnify the other
party for any claim for brokerage commission or finder’s fee asserted by a person, firm or corporation claiming to have been
engaged by the indemnifying party.

IN WITNESS WHEREOF, the parties
hereto have caused this Agreement to be executed as of the date first written above by their respective officers thereunto duly
authorized.

 

	SELLERS:  	BUYER:
	 	 
	Sidewinder Dairy, Inc.,	Airware Labs Corp..
	An Arizona corporation	a Delaware corporation
	 	 
	 	 
	By:  ___________________________	By:  ___________________________
	P. Sean Dugan, President	Bryce Skalla, Chief Executive Officer

    	 

    	 

    

ACKNOWLEDGEMENT AND AGREEMENT BY TITLE
COMPANY

 

 

The Title Company
hereby acknowledges receipt of a fully executed copy of this Agreement on this ___ day of _____________, 2018, and agrees to accept,
hold, deliver and disburse the Earnest Money Deposit, together with all interest accrued thereon and received by the Title Company,
strictly in accordance with the terms and provisions of this Agreement and without the necessity of further consent or instruction
by Sellers or Buyer. The Title company is hereby designated as, and agrees to undertake the obligations of, the Reporting Person
pursuant to Section 6045 of the Internal Revenue Code and the regulations promulgated thereunder.

 

 

By:  ____________________________

LaTisha Sopha

Title Security Agency

421 E. Cottonwood Lane

Casa Grande, AZ 85122

    	 

    	 

    

EXHIBIT A

 

Legal Description of Real Property

 

 

 

 

 

 

 

 

    	 

    	 

    

EXHIBIT
B

 

SPECIAL
WARRANTY DEED

 

(See attached.)

 

 

 

 

 

 

 

 

    	 

    	 

    

EXHIBIT C

 

BILL OF SALE

 

 

 

 

 

 

 

 

    	 

    	 

    

EXHIBIT D

 

PROMISSORY NOTE

 

 

 

 

 

 

 

 

    	 

    	 

    

EXHIBIT E

 

DEED OF TRUST

 

 

 

 

 

 

 

 

    	 

    	 

    

EXHIBIT F

 

TANGIBLE PERSONAL PROPERTY

 

 

 

 

 

 

 

    	 

    	 

    

EXHIBIT G

 

DAIRY FARM LEASE

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