Document:

Stock Purchase Agreement

 Exhibit 10.1 
  
 Execution Copy  
  

  
 STOCK PURCHASE AGREEMENT 
  
 dated as of
February 21, 2006 
  
 by and among 
  
 NCI BUILDING SYSTEMS, INC., 
  
 THE HEICO COMPANIES, L.L.C. 
  
 and 
  
 ROBERTSON-CECO CORPORATION 
  
  

 TABLE OF CONTENTS 
  

					
	 	  	Page

	 ARTICLE 1 ADDITIONAL DEFINITIONS AND DEFINITIONAL PROVISIONS
	  	1
	 Section 1.1
	  	Defined Terms	  	1
	 Section 1.2
	  	Other Defined Terms	  	12
	 Section 1.3
	  	Other Definitional Provisions	  	12
	 Section 1.4
	  	Captions	  	13
		
	ARTICLE 2 STOCK PURCHASE	  	13
	 Section 2.1
	  	Reorganization and Stock Purchase	  	13
	 Section 2.2
	  	Acquisition Consideration	  	13
	 Section 2.3
	  	The Closing	  	13
		
	ARTICLE 3 REPRESENTATIONS AND WARRANTIES OF RCC	  	13
	 Section 3.1
	  	Organization	  	14
	 Section 3.2
	  	Ownership and Status of Company Capital Stock	  	14
	 Section 3.3
	  	Power of RCC; Approval of the Acquisition	  	14
	 Section 3.4
	  	Absence of Conflicts	  	14
	 Section 3.5
	  	No Brokers	  	15
		
	ARTICLE 4 FURTHER REPRESENTATIONS AND WARRANTIES OF RCC	  	15
	 Section 4.1
	  	Organization	  	15
	 Section 4.2
	  	Authorization; Enforceability; Absence of Conflicts; Required Consents	  	15
	 Section 4.3
	  	Charter Documents; No Violation	  	17
	 Section 4.4
	  	No Defaults	  	17
	 Section 4.5
	  	Subsidiaries	  	17
	 Section 4.6
	  	Capital Stock of the Company	  	17
	 Section 4.7
	  	Related Party Agreements	  	17
	 Section 4.8
	  	Litigation	  	17
	 Section 4.9
	  	Financial Statements	  	18
	 Section 4.10
	  	Compliance With Laws	  	18
	 Section 4.11
	  	Certain Environmental Matters	  	19
	 Section 4.12
	  	Real Property	  	20
	 Section 4.13
	  	Acquired Assets	  	20
	 Section 4.14
	  	Proprietary Rights	  	20
	 Section 4.15
	  	Commitments	  	21
	 Section 4.16
	  	Insurance	  	22
	 Section 4.17
	  	Employee Matters	  	22
	 Section 4.18
	  	Compliance With ERISA, etc	  	24
	 Section 4.19
	  	Taxes	  	26
	 Section 4.20
	  	Product Warranties	  	27
	 Section 4.21
	  	Solvency	  	27
		
	ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF NCI	  	27
	 Section 5.1
	  	Organization; Power	  	27

  

 -i- 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page

	 Section 5.2
	  	Authorization; Enforceability; Absence of Conflicts; Required Consents	  	27
	 Section 5.3
	  	No Brokers	  	28
	 Section 5.4
	  	Funding	  	28
		
	ARTICLE 6 COVENANTS EXTENDING TO THE CLOSING	  	28
	 Section 6.1
	  	Access and Cooperation; Due Diligence	  	28
	 Section 6.2
	  	Conduct of Business Pending the Closing	  	29
	 Section 6.3
	  	Prohibited Activities	  	29
	 Section 6.4
	  	Governmental Filings, including Hart-Scott-Rodino Act Compliance	  	31
	 Section 6.5
	  	Notification of Certain Matters	  	32
	 Section 6.6
	  	Additional Financial Statements	  	32
	 Section 6.7
	  	Indebtedness	  	33
	 Section 6.8
	  	Public Announcements	  	33
	 Section 6.9
	  	Further Assurances	  	33
	 Section 6.10
	  	Reorganization; No Elections under Section 338	  	33
	 Section 6.11
	  	Tax Returns; Other Tax Matters	  	33
	 Section 6.12
	  	Termination of Existing Tax Sharing Agreements	  	34
		
	ARTICLE 7 THE CLOSING AND CONDITIONS TO CLOSING AND CONSUMMATION	  	34
	 Section 7.1
	  	Conditions to the Obligations of Each Party	  	34
	 Section 7.2
	  	Conditions to the Obligations of RCC	  	35
	 Section 7.3
	  	Conditions to the Obligations of NCI	  	35
		
	ARTICLE 8 COVENANTS FOLLOWING THE CLOSING	  	37
	 Section 8.1
	  	Assistance and Cooperation	  	37
	 Section 8.2
	  	Survival	  	37
	 Section 8.3
	  	Adjustments to Acquisition Consideration	  	37
	 Section 8.4
	  	Tax Contests	  	38
	 Section 8.5
	  	Company’s Claiming, Receiving or Using of Refunds and Overpayments	  	39
	 Section 8.6
	  	Continued Existence	  	39
	 Section 8.7
	  	Pursuit of Claims	  	39
		
	ARTICLE 9 INDEMNIFICATION	  	39
	 Section 9.1
	  	In Respect of Representations and Warranties	  	39
	 Section 9.2
	  	Indemnification of Indemnified Parties	  	39
	 Section 9.3
	  	Conditions of Indemnification	  	40
	 Section 9.4
	  	Limitations on Indemnification	  	42
	 Section 9.5
	  	Other Indemnification Provisions	  	42
		
	ARTICLE 10 GENERAL PROVISIONS	  	43
	 Section 10.1
	  	Treatment of Confidential Information	  	43
	 Section 10.2
	  	Assignment; No Third Party Beneficiaries	  	43
	 Section 10.3
	  	Entire Agreement; Amendment; Waivers	  	44

  

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 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page

	 Section 10.4
	  	Expenses	  	44
	 Section 10.5
	  	Notices	  	44
	 Section 10.6
	  	Governing Law	  	45
	 Section 10.7
	  	Exercise of Rights and Remedies	  	45
	 Section 10.8
	  	Time	  	45
	 Section 10.9
	  	Reformation and Severability	  	45
	 Section 10.10
	  	Counterparts	  	46
	 Section 10.11
	  	Confidentiality Agreement	  	46
		
	ARTICLE 11 TERMINATION	  	46
	 Section 11.1
	  	Termination of This Agreement	  	46
	 Section 11.2
	  	Liabilities in Event of Termination	  	47

  

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 STOCK PURCHASE AGREEMENT 
  
 THIS STOCK PURCHASE AGREEMENT (this “Agreement”) is made as of February 21, 2006 by and among NCI Building Systems, Inc., a
Delaware corporation (“NCI”), and Robertson-Ceco Corporation, a Delaware corporation (“RCC”) and, solely for purposes of Section 8.6 and Article 9, The Heico Companies, L.L.C., a Delaware limited liability company
(“Heico”). 
  
 PRELIMINARY STATEMENT 

 
 WHEREAS, prior to the Effective Time (as such term and other capitalized terms are defined
in Article 1), and subject to the terms and conditions set forth in the Contribution and Distribution Agreement (the “Contribution Agreement”) dated as of February 21, 2006 by and among RCC, Heico Holding, Inc., a Delaware
corporation, The Heico Companies, L.L.C., a Delaware limited liability company (together with Heico Holding, Inc., the “Contributors”), and RCH Newco, LP, a Texas limited partnership (“Holdings”), (i) each Contributor will
contribute all of its capital stock in RCC to Holdings in exchange for limited partnership interests in Holdings, (ii) RCC will convert to a Texas corporation and (iii) RCC will merge with Holdings, the Assumed Assets and Assumed
Liabilities will become the assets and liabilities of Holdings, RCC will retain all of its other assets and liabilities and both Holdings and RCC will survive the merger; 
  
 WHEREAS, subject to the terms and conditions set forth in the Reorganization Agreement (the “Reorganization Agreement”) dated as
of February 21, 2006 by and among RCC, Robertson-Ceco II Corporation, a Texas corporation and a direct, wholly owned subsidiary of RCC (the “Company”), Holdings and the Contributors (i) RCC will merge with the Company, with all
of the assets and liabilities of RCC becoming the assets and liabilities of the Company and the Company and RCC both continuing as surviving corporations, (iii) RCC will thereafter convert into a Delaware limited liability company and
(iv) RCC will thereafter merge with and into Holdings, with RCC continuing as the surviving limited liability company; 
  
 WHEREAS, RCC desires to sell, and NCI desires to purchase, on the Closing Date all the issued and outstanding shares of capital stock of the Company, for the
consideration and on the terms set forth in this Agreement; 
  
 NOW, THEREFORE, in
consideration of the premises and the mutual agreements, representations and undertakings this Agreement contains, the parties hereto hereby agree as follows: 
  

ARTICLE 1 
  
 ADDITIONAL DEFINITIONS AND DEFINITIONAL PROVISIONS 
  
 Section 1.1 Defined Terms. The following terms this Agreement uses have the meanings this Section assigns to them. 
  
 “Acquired Assets” means all of the assets of RCC other than the Assumed Assets.

  
 “Acquired Business” means the business conducted by RCC and its
Subsidiaries. 

 “Acquired Liabilities” means all the liabilities of RCC other than the Assumed Liabilities. 
  
 “Acquisition” means the purchase of the Company Capital Stock by NCI from RCC under
the terms of this Agreement. 
  
 “Acquisition Consideration” has the
meaning specified in Section 2.2. 
  
 “Affiliate” means, as to any
specified Person, any other Person that, directly or indirectly through one or more intermediaries or otherwise, controls, is controlled by or is under common control with the specified Person. As used in this definition, “control” means
the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person (whether through ownership of Capital Stock of that Person, by contract or otherwise). 
  
 “Agreement” means this Agreement, including all Schedules and Exhibits hereto.

  
 “Assumed Assets” has the meaning specified in the Contribution
Agreement. 
  
 “Assumed Liabilities” has the meaning specified in the
Contribution Agreement. 
  
 “Capital Stock” means, with respect to:

  

	 	(a)	any corporation, any share, or any depositary receipt or other certificate representing any share, of an equity ownership interest in that corporation; and 

 

	 	(b)	any other Entity, any share, membership or other percentage interest, unit of participation or other equivalent (however designated) of an equity interest in that Entity.

  
 “Cash Compensation” means, as applied to any employee,
non-employee director or officer of, or any natural person who performs consulting or other independent contractor services for, a Person, the wages, salaries, bonuses (discretionary and formula), fees and other cash compensation paid or payable by
such Person to that employee or other natural person for services in such capacity. 
  
 “CERCLA” means the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended, 42 U.S.C. § 9601 et seq. 
  

“Charter Documents” means, with respect to any Entity at any time, in each case as amended, modified and supplemented at that time, (i) the articles or
certificate of formation, incorporation, organization or limited partnership (or the equivalent organizational documents) of that Entity, (ii) the bylaws, limited liability company agreement or regulations or partnership agreement (or the
equivalent governing documents) of that Entity and (iii) each document setting forth the designation, amount and relative rights, limitations and preferences of any class or series of that Entity’s Capital Stock or of any rights in respect
of that Entity’s Capital Stock. 
  
 “Claim Notice” has the meaning
specified in Section 9.3(b). 
  

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 “Closing” has the meaning specified in Section 2.3. 
  
 “Closing Date” means the date that is as soon as practicable, but no later than the
second business day, following the satisfaction or, if permissible, waiver of the conditions set forth in Article 7 (except for those conditions that by their express terms are not capable of being satisfied until the Closing, but subject to the
satisfaction or waiver of those conditions), unless another date is mutually agreed to in writing by a Responsible Officer of each of NCI and RCC. 
  
 “Code” means the Internal Revenue Code of 1986. 
  
 “Company” has the meaning specified in the preamble to this Agreement. 
  

“Company Capital Stock” means the common stock, par value $.01, of the Company. 
  
 “Company Commitment” has the meaning specified in Section 4.15. 
  
 “Company Disclosure Schedules” means the disclosure schedules delivered by RCC to NCI and made a part of this Agreement as
provided herein. 
  
 “Company ERISA Benefit Plan” has the meaning
specified in Section 4.17(b). 
  
 “Company Subsidiary” means at any
time any Entity that is a Subsidiary of the Company at that time. 
  
 “Computed Amount” means any of the following: (i) the Purchase Date Working Capital; (ii) the Negative Working Capital Adjustment; and (iii) the Positive Working Capital Adjustment. 
  
 “Confidential Information” means, with respect to any Person, all trade secrets,
know-how and other confidential or non-public information or Proprietary Rights of that Person, including any such information derived from reports, investigations, research, studies, work in progress, codes, marketing, sales or service programs,
customer lists, records relating to past service provided to customers, capital expenditure projects, cost summaries, equipment or production system designs or drawings, pricing formulae, contract analyses, financial information, projections,
present and future business plans, agreements with vendors, joint venture agreements or confidential filings with any Governmental Authority. 
  
 “Confidentiality Agreement” means the letter agreement dated October 31, 2005 by and among NCI and RCC relating to RCC’s furnishing of information to
NCI in connection with NCI’s evaluation of the possibility of acquiring the Company. 
  
 “Contract” means any loan or credit agreement, note, bond, indenture, mortgage, deed of trust, Guaranty, lease, contract, purchase order, instrument or other binding agreement. 
  
 “Contribution Agreement” has the meaning specified in the preamble to this
Agreement. 
  
 “Contributors” has the meaning specified in the preamble
to this Agreement. 
  

 - 3 - 

 “Counsel for the Company and RCC” means McDermott Will & Emery LLP. 
  
 “Current Balance Sheet” means the unaudited balance sheet of RCC as of
December 31, 2005. 
  
 “Current Balance Sheet Date” means
December 31, 2005. 
  
 “Damage” to any specified Person means, any
cost, damage or expense (including reasonable fees and actual disbursements by attorneys, consultants, experts or other Representatives and Litigation costs) to, any fine of or penalty on that Person. 
  
 “Damage Claim” means, as asserted (i) against any specified Person, any claim,
demand or Litigation made or pending against the specified Person for Damages to any other Person, or (ii) by the specified Person, any claim or demand of the specified Person against any other Person for Damages to the specified Person.

  
 “Due Date” means, with respect to any Return, the date such return
is due to be filed (taking into account any valid extensions). 
  
 “Effective
Time” has the meaning specified in the Reorganization Agreement. 
  
 “Enforceability Exceptions” means the limitations on enforceability arising from (i) any applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or similar laws affecting the enforcement of
creditors’ rights generally and (ii) general principles of equity (regardless of whether that enforceability is considered in a proceeding in equity or at law). 
  
 “Election Period” has the meaning specified in Section 9.3(b). 
  
 “Employee Policies and Procedures” means at any time all employee manuals and all material policies, procedures and work-related
rules that apply at that time to employees of the Acquired Business generally. 
  
 “Employment Agreement” means at any time any (i) agreement which then relates to the direct or indirect employment of any natural person by the Company, RCC or the Acquired Business, whether as an employee, a non-employee
officer or director, a consultant or other independent contractor, including any employee leasing or similar service agreement and any noncompetition agreement, and (ii) agreement which arises from the sale of a business by a Person to the
Company, RCC or the Acquired Business and limits that Person’s competition with the Company, RCC or the Acquired Business. 
  
 “Entity” means any sole proprietorship, corporation, partnership of any kind having a separate legal status, limited liability company, business trust,
unincorporated organization or association, mutual company, joint stock company or joint venture. 
  
 “Environmental Condition” means any condition existing on, at or originating from, any property or properties which constitutes, (a) a Release on, at, or from such property of any Solid Wastes,
Hazardous Wastes or Hazardous Substances or (b) a violation of any Environmental Laws or any Environmental Permits. 
  

 - 4 - 

 “Environmental Laws” means CERCLA, RCRA, the Clean Air Act (42 U.S.C. § 7401 et seq.), the Federal Water
Pollution Control Act (33 U.S.C. § 1251 et seq.), the Toxic Substances Control Act (15 U.S.C. § 2601 et seq.), the Oil Pollution Act (33 U.S.C. § 2701 et seq.), the Emergency Planning and Community Right-to-Know Act (42 U.S.C. §
11001 et seq.), and any and all Governmental Requirements relating to the environment or public health or safety, including ambient air, surface water (including water management and runoff), land surface or subsurface strata, or to emissions,
discharges, Releases or threatened Releases of pollutants, contaminants, chemicals or industrial, toxic or hazardous substances or wastes (including radioactive wastes, nuclear wastes, Solid Wastes, Hazardous Wastes or Hazardous Substances) or
noxious noise or odor into the environment, or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, recycling, removal, transport or handling of pollutants, contaminants, chemicals or industrial, toxic
or hazardous substances or wastes (including petroleum, petroleum distillates, asbestos or asbestos-containing material, volatile organic compounds and polychlorinated biphenyls). 
  
 “Environmental Permits” means all permits, certificates, approvals, consents, authorizations, registrations and licenses issued
under or required by any Environmental Laws and relating to or required for the ownership and/or operation of any part of the business or operations of the Acquired Business. 
  
 “ERISA” means the Employee Retirement Income Security Act of 1974. 
  
 “ERISA Affiliate” means, with respect to any specified Person at any time, any other Person, including an Affiliate of the
specified Person, that is, or at any time within six years of that time was, a member of any ERISA Group of which the specified Person is or was a member at the same time. 
  
 “ERISA Employee Benefit Plan” means any “employee benefit plan” as defined in Section 3(3) of ERISA and includes
any ERISA Pension Benefit Plan. 
  
 “ERISA Group” means any “group
of organizations” within the meaning of Section 414(b), (c), (m) or (o) of the Code or any “controlled group” as defined in Section 4001(a)(14) of ERISA. 
  
 “ERISA Pension Benefit Plan” means any “employee pension benefit plan,”
as defined in Section 3(2) of ERISA, including any plan that (i) is covered by Title IV of ERISA or (ii) subject to the minimum funding standards under Section 412 of the Code (excluding any Multiemployer Plan). 
  
 “Financial Statements” means (i) the audited balance sheets of RCC as of
December 31, 2004 and December 31, 2003 and the related audited statements of operations, cash flows and stockholders’ or other owners’ equity for the years ended December 31, 2004, 2003 and 2002, together with the related
audit reports of Deloitte & Touche, and (ii) the unaudited balance sheet of RCC as of December 31, 2005 and the related unaudited statements of operations, cash flows and stockholders’ or other owners’ equity for the
twelve-month periods ended December 31, 2005 and 2004. 
  

 - 5 - 

 “GAAP” means generally accepted accounting principles and practices in the United States as in effect from time
to time which have been or are applied on a basis consistent with the most recent audited Financial Statements delivered to NCI prior to the Closing Date. 
  
 “Governmental Approval” means at any time any authorization, consent, approval, permit, franchise, certificate, license, implementing order or exemption of, or
registration or filing with, any Governmental Authority at that time. 
  
 “Governmental Authority” means (i) any federal, state, county, municipal or other government, domestic or foreign, or any agency, board, bureau, commission, court, department or other instrumentality of any such government,
or (ii) any Person having the authority under any applicable Governmental Requirement to assess and collect Taxes for its own account. 
  
 “Governmental Requirement” means at any time (i) any law, statute, code, ordinance, order, rule, regulation, judgment, decree, injunction, writ, edict,
award, authorization or other requirement of any Governmental Authority in effect at that time or (ii) any obligation included in any Governmental Approval or resulting from binding arbitration. 
  
 “Guaranty” means, for any specified Person, without duplication, any liability,
contingent or otherwise, of that Person guaranteeing or otherwise becoming liable for any obligation of any other Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any liability of the specified
Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) that obligation or to purchase (or to advance or supply funds for the purchase of) any security for the payment of that obligation,
(ii) to purchase property or other assets, securities or services for the purpose of assuring the owner of that obligation of its payment or (iii) to maintain working capital, equity capital or other financial statement condition or
liquidity of the primary obligor so as to enable the primary obligor to pay that obligation; provided, that the term “Guaranty” does not include endorsements for collection or deposit in the ordinary course of the endorser’s business.

  
 “Heico” has the meaning specified in the preamble to this Agreement.

  
 “Holdings” has the meaning specified in the preamble to this
Agreement. 
  
 “HSR Act” means the Hart-Scott-Rodino Antitrust
Improvements Act of 1976 and the rules and regulations adopted pursuant thereto. 
  
 “Immediate Family Member” of a Person means, at any time, if such Person or such Person’s ultimate beneficial owner is a natural person, (i) any child, grandchild, sibling or child of a sibling (by blood or legal
adoption) or spouse at that time, or any child, grandchild, sibling or child of a sibling of that spouse and (ii) any spouse of any such child, grandchild, sibling or child of any such sibling, of the ultimate beneficial owner or owners and
(iii) any other relative then residing in the home of each ultimate beneficial owner. 
  
 “Indebtedness” of any Person means, without duplication, (i) any liability of that Person (A) for borrowed money or arising out of any extension of credit to or for the account of that Person, for
the deferred purchase price of property or other assets or services or arising under conditional sale or other title retention agreements, other than accounts payable and trade liabilities and 
  

 - 6 - 

 accrued expenses arising in the ordinary course of business, (B) evidenced by notes, bonds, debentures or similar
instruments, (C) in respect of leases of (or other agreements conveying the right to use) property or other assets which GAAP as in effect on the date of this Agreement requires to be classified and accounted for as capital leases or
(D) in respect of swap, cap or collar agreements or similar arrangements providing for the mitigation of that Person’s interest rate or commodity price risks either generally or under specific contingencies between that Person and any
other Person and (ii) any liability of others of the type described in the preceding clause (i) in respect of which that Person has incurred, assumed or acquired a liability by means of a Guaranty. Other than for purposes of
Section 3.4, Indebtedness does not include bonds, bank guarantees or letters of credit issued for the benefit of customers, suppliers or Governmental Authorities solely to support obligations that are not past due. 
  
 “Indebtedness Amount” means the total principal, interest, fees and other expenses,
if any, accrued and unpaid and outstanding on all obligations for borrowed money of the Acquired Business or the Company and its Subsidiaries. 
  
 “Indemnified Party” means a NCI Indemnified Party or a RCC Indemnified Party. 
  
 “Indemnifying Party” has the meaning specified in Section 9.3(b). 
  
 “Independent Accountants” means PricewaterhouseCoopers LLC or such other registered
independent public accounting firm as RCC and NCI shall agree upon in writing. 
  
 “Industry” means the industry of the manufacture and distribution of pre-engineered metal buildings for commercial and industrial uses. 
  
 “Intangible Assets” means moral rights of authorship, rights in mask works, works of authorship, designs, technology, inventions, discoveries, improvements,
know-how, program materials, manuals, processes, methods and all other intellectual and industrial property rights, whether or not subject to statutory registration or protection in the foregoing owned or used by RCC or the Company. 
  
 “Investigation” means any investigation conducted by any Governmental Authority.

  
 “IRCA” means the Immigration Reform and Control Act of 1986.

  
 “IRS” means the Internal Revenue Service. 
  
 “Lien” means, with respect to any property or other asset of any Person (or any
revenues, income or profits of that Person therefrom) (in each case whether the same is consensual or nonconsensual or arises by contract, operation of law, legal process or otherwise), any mortgage, lien, security interest, pledge, attachment, levy
or other charge or encumbrance of any kind thereupon or in respect thereof. 
  
 “Litigation” means any action, case, proceeding, suit or other proceeding conducted by or pending before any Governmental Authority or any arbitration or binding alternative dispute resolution proceeding. 
  

 - 7 - 

 “Material” means, as applied to any Person or the Acquired Business, material to the business, operations,
property or other assets, liabilities, financial condition or results of operations of that Person and its Subsidiaries considered as a whole or the Acquired Business, as the case may be. 
  
 “Material Adverse Effect” means, with respect to the consequences of any fact or circumstance (including the occurrence or
non-occurrence of any event) relating to any Person, that such fact or circumstance has caused or is causing an effect that is materially adverse to (i) the business, assets, financial condition, liabilities, properties, operations or results
of operations of that Person and its Subsidiaries taken as a whole or (ii) the ability of any of the parties to effect the Reorganization or the Acquisition. 
  
 “Multiemployer Plan” means a “multiemployer plan” as defined in Section 4001(a)(3) of ERISA, Section 414 of
the Code or Section 3(37) of ERISA. 
  
 “Negative Working Capital
Adjustment” means the amount, if any, by which (i) $42,896,000.00 exceeds (ii) the Purchase Date Working Capital. 
  
 “NCI” has the meaning specified in the preamble to this Agreement. 
  
 “NCI Indemnified Loss” has the meaning specified in Section 9.2(a). 
  
 “NCI Indemnified Party” means NCI and its Affiliates and each of their respective officers, directors, employees and agents.

  
 “Organization Jurisdiction” means, as applied to (i) any
corporation, its state or other jurisdiction of incorporation, (ii) any limited liability company, general partnership or limited partnership, the state or other jurisdiction under whose laws it is formed, organized and existing in that legal
form, and (iii) any other Entity, the state or other jurisdiction whose laws govern that Entity’s internal affairs. 
  
 “Other Compensation Plan” means any compensation arrangement, plan, policy, practice or program established, maintained or sponsored by RCC (or, as of the
Reorganization Date and the Closing, the Company), or to which RCC or any of its Affiliates (or, as of the Reorganization Date and the Closing, the Company) contributes, on behalf of any of its employees, non-employee directors or officers or other
natural persons performing consulting or other independent contractor services for RCC or the Acquired Business (or, as of the Reorganization Date and the Closing, the Company), (i) including all such arrangements, plans, policies, practices or
programs providing for severance or termination pay, deferred compensation, incentive, stock option (or other equity-based), Welfare Plan, fringe benefit, bonus or performance awards or the actual or phantom ownership of any Capital Stock of RCC or
the Company, but (ii) excluding all Employment Agreements. 
  
 “Payor” has the meaning specified in Section 6.11(a). 
  
 “PBGC” means the Pension Benefit Guaranty Corporation. 
  
 “Permitted Liens” means, with respect to the property or other assets of a Person (or any revenues, income or profits of a Person therefrom): (i) Liens for Taxes if the same are not at the 
  

 - 8 - 

 time due and delinquent; (ii) Liens of carriers, warehousemen, mechanics, laborers, materialmen and the like for
sums not yet past due; (iii) Liens that represent the interest of a vendor or lessor under any conditional sale agreement, financing, lease or other to the retention agreement obtained in the ordinary course of business; (iv) Liens
incurred in the ordinary course of such Person’s business in connection with workers’ compensation, unemployment insurance and other social security legislation (other than pursuant to ERISA or Section 412(n) of the Code);
(v) Liens incurred in the ordinary course of such Person’s business in connection with deposit accounts or to secure the performance of bids, tenders, trade contracts, statutory obligations, surety and appeal bonds, performance and return
of money bonds and other obligations of like nature; (vi) easements, rights of way, reservations, restrictions and other similar encumbrances incurred in the ordinary course of such Person’s business or existing on property and not
materially interfering with the ordinary conduct of such Person’s business or the current use of that property; (vii) defects or irregularities in such Person’s title to its real properties which do not materially interfere with the
ordinary conduct of such Person’s business or the current use of any of such properties; (viii) any interest or title of a lessor of assets such Person is leasing pursuant to any capital lease or synthetic lease or any lease (other than a
synthetic lease) that, under GAAP, would be accounted for as an operating lease; and (iv) Liens securing purchase money Indebtedness, so long as those Liens do not attach to any property or other assets other than the properties or other assets
purchased with the proceeds of that Indebtedness. 
  
 “Person” means any
natural person, Entity, estate, trust, union or employee organization or Governmental Authority or, for the purpose of the definition of “ERISA Affiliate,” any trade or business. 
  
 “Plan” means each of the Company ERISA Benefit Plans and Other Compensation Plans.

  
 “Positive Working Capital Adjustment” means the amount, if any, by
which (i) the Purchase Date Working Capital exceeds (ii) $42,896,000.00. 
  
 “Post-closing Statement” means a statement setting forth each Computed Amount. 
  
 “Preparer” has the meaning specified in Section 6.11(a). 
  
 “Prohibited Transaction” means any transaction either Section 4975 of the Code or Section 406 of ERISA prohibits and neither Section 4975 of the Code nor Section 408 of ERISA exempts.

  
 “Proprietary Rights” means anything that is patented, protected as a
trade secret, protected by copyright law, protected by trademark law, or protected by or under any other Governmental Requirement relating to intellectual or industrial property rights, including trade secrets, patent applications, patents and any
reissues or reexaminations thereof, trademarks, service marks, trademark/service mark registrations and applications, corporate names, business names, brand names, trade names, trade styles or dress, all goodwill related to the foregoing, copyright
registrations and copyrights owned or used by RCC or the Company. 
  
 “Purchase Date Balance Sheet” means a consolidated balance sheet of the Company as of the Closing Date which is prepared in accordance with GAAP. 
  

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 “Purchase Date Working Capital” means, as determined from the Purchase Date Balance Sheet, the amount by which
(i) the sum, without duplication of amounts, of all amounts that are included and classified as current assets on that balance sheet and that are included in the Acquired Assets exceeds, or is exceeded by, (ii) the sum, without duplication
of amounts, of all amounts that are included and classified as current liabilities on that balance sheet (other than current maturities of long-term debt) and that are included in the Acquired Liabilities; provided, that (A) Purchase Date
Working Capital shall not include any liabilities in respect of the Indebtedness Amount; (B) Purchase Date Working Capital shall be calculated without regard for any LIFO inventory reserves; (C) if the Independent Accountants make that
determination under Section 8.3, the amount equal to 50% of their fees and expenses which are attributable to their making of that determination will be deemed a liability of the Company for the purpose of determining its Purchase Date Working
Capital and resulting Negative Working Capital Adjustment, if any, or Positive Working Capital Adjustment, if any; and (D) if at any time those current assets are exceeded by those current liabilities, Purchase Date Working Capital will be
expressed as a negative amount. 
  
 “Qualified Plans” means all Plans
that are intended to qualify under Section 401(a) of the Code. 
  
 “RCC” has the meaning specified in the preamble to this Agreement. 
  
 “RCC Indemnified Party” means RCC and its Affiliates and each of their respective officers, directors, employees and agents. 
  
 “RCRA” means the Resource Conservation and Recovery Act of 1976, as amended, 42 U.S.C. § 6901 et seq. 
  
 “Recipient” has the meaning specified in Section 8.4(a). 
  
 “Release” means any spilling, leaking, pumping, pouring, emitting, emptying,
discharging, injecting, escaping, leaching, dumping, migrating or disposing (including, but not limited to, the abandoning or discarding of barrels, containers, and other material or refuse) of a substance (including Solid Wastes, Hazardous Wastes
or Hazardous Substances) into the environment. 
  
 “Related Party
Agreement” means any contract or other agreement, written or oral, (i) to which the Company or the Acquired Business is a party or is bound or by which any property or other asset of the Company or the Acquired Business is bound or may be
subject and (ii) to which RCC or any of RCC’s Related Persons or Affiliates also is a party. 
  
 “Related Person” of RCC means: (A) any Person who owns an equity interest in RCC on the date hereof, (B) any Immediate Family Member of RCC, (C) any Estate of RCC or any Immediate Family
Member of RCC, (D) the trustee of any inter vivos or testamentary trust of which all the beneficiaries are Related Persons of RCC and (E) any Entity the entire equity interest in which is owned by any one or more of RCC and Related Persons
of RCC. In this definition, “Estate” means, as to any natural person who has died or been adjudicated mentally incompetent by a court of competent jurisdiction or is a minor, (i) that person’s estate, succession or guardianship
or (ii) the administrator, conservator, executor, guardian or other representative of that estate, succession or guardianship. 
  

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 “Reorganization” means the consummation of all of the transactions contemplated by the Reorganization
Agreement. 
  
 “Reorganization Agreement” has the meaning specified in
the preamble to this Agreement. 
  
 “Reorganization Date” means the date
of effectiveness of the last-to-be completed transaction set forth in the Contribution Agreement and the Reorganization Agreement. 
  
 “Representatives” means, with respect to any Person, the directors, officers, employees, Affiliates, accountants (including independent certified public
accountants), advisors, attorneys, consultants or other agents of that Person, or any other representatives of that Person or of any of those directors, officers, employees, Affiliates, accountants (including independent certified public
accountants), advisors, attorneys, consultants or other agents. 
  
 “Responsible Officer” means the chief executive officer or chief financial officer of any Entity. 
  
 “Reportable Event” means, with respect to the Company ERISA Pension Plan, (i) the occurrence of any of the events set forth in Section 4043(b) or
(c) (other than a Reportable Event as to which the provision of 30 days’ notice to the PBGC is waived under applicable regulations), 4062(e) or 4063(a) of ERISA with respect to that plan, (ii) any event requiring the Company or any
ERISA Affiliate of a Company to provide security to that plan under Section 401(a)(29) of the Code or (iii) any failure to make a payment Section 412(m) of the Code requires with respect to that plan. 
  
 “Returns” of a Person means the returns, reports or statements (including any
information returns) any Governmental Requirement requires that Person to file for purposes of any Tax. 
  
 “Solid Wastes, Hazardous Wastes or Hazardous Substances” have the meanings ascribed to those terms in CERCLA, RCRA or any other Environmental Law applicable to the business or operations of the Company which
imparts a broader meaning to any of those terms than does CERCLA or RCRA, and also include asbestos and asbestos-containing materials. 
  
 “Subsidiary” of any specified Person at any time means any Entity a majority of the Capital Stock of which the specified Person owns or controls at that time,
directly or indirectly. 
  
 “Tax” or “Taxes” means all net or
gross income, gross receipts, net proceeds, sales, use, ad valorem, value added, franchise, withholding, payroll, employment, excise, property, deed, stamp, alternative or add-on minimum or other taxes, assessments, duties, fees or levies imposed by
any Governmental Requirement, whether disputed or not, together with any interest, penalties, additions to tax or additional amounts with respect thereto. 
  
 “Tax Item” means, with respect to Taxes, any item of income, gain, deduction, loss or credit or other tax attribute. 
  
 “Taxing Authority” means any Governmental Authority having jurisdiction with
respect to any Tax. 
  
 “Termination Date” means May 31, 2006.

  

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 “Termination Event” means, with respect to the Company ERISA Pension Plan, (i) any Reportable Event with
respect to that plan which is reasonably expected to result in the termination of that plan, (ii) the termination of, or the filing of a notice of intent to terminate, that plan or the treatment of any amendment to that plan as a termination
under Section 4041(c) of ERISA or (iii) the institution of proceedings to terminate, or the appointment of a trustee to administer, that plan under Section 4042 of ERISA. 
  
 “Third Party Claim” means any claim any Person that or who is not a party to this Agreement or the Company asserts against any
Indemnified Party. 
  
 “Threshold Amount” means the amount equal to
$7,500,000.00. 
  
 “Transaction Documents” means this Agreement, the
Contribution Agreement and the Reorganization Agreement. 
  
 “Welfare
Plan” means an “employee welfare benefit plan” as defined in Section 3(1) of ERISA. 
  
 “Wholly Owned Subsidiary” of any specified Person at any time means any Entity all of whose outstanding Capital Stock on a fully diluted basis is owned or controlled by the specified Person at that time,
either directly or indirectly through another wholly owned subsidiary of the specified Person. 
  
 Section 1.2 Other Defined Terms. Words and terms this Agreement uses which other Sections of this Agreement define are used in this Agreement as those other Sections define them. 
  
 Section 1.3 Other Definitional Provisions. (a) Except as this
Agreement otherwise specifies, all references herein to any Governmental Requirement defined or referred to herein, including the Code, CERCLA, the General Corporation Law of the State of Delaware, the Delaware Limited Liability Company Act, ERISA
and RCRA, are references to that Governmental Requirement or any successor Governmental Requirement, as currently in effect, and any rules or regulations promulgated thereunder. 
  
 (b) Whenever the context so requires, the singular number includes the plural and vice versa, and a
reference to one gender includes the other gender and the neuter. 
  
 (c) As used in this Agreement, the word “including” (and, with correlative meaning, the word “include”) means including, without limiting the generality of any description preceding that word, and
the words “shall” and “will” are used interchangeably and have the same meaning. 
  
 (d) As used in this Agreement, the term “business day” means any day other than a day on which commercial banks are authorized
or required to close in Houston, Texas. 
  
 (e)
The phrase “to the knowledge of RCC” or phrases with similar wording, when used in this Agreement, means the actual knowledge of E.A. Roskovensky, Larry Wolski, Kevin Shudy, Michael Heisley, Chris Campbell and Jon Hicks. 
  

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 (f) As used in this Agreement, all references to “dollars” or “$”
mean United States dollars. 
  
 (g) The language
this Agreement uses will be deemed to be the language the parties hereto have chosen to express their mutual intent, and no rule of strict construction will be applied against any party hereto. 
  
 Section 1.4 Captions. This Agreement includes captions to Articles,
Sections and subsections of, and Schedules and Exhibits to, this Agreement for convenience of reference only, and these captions do not constitute a part of this Agreement or any other Transaction Document for any other purpose or in any way affect
the meaning or construction of any provision of this Agreement or any other Transaction Document. 
  
 ARTICLE 2 
  
 STOCK PURCHASE 
  
 Section 2.1 Reorganization and
Stock Purchase. Subject to the terms and conditions of the Contribution Agreement, the Reorganization Agreement and this Agreement, the parties thereto shall effect the various transactions contemplated by the Reorganization Agreements prior to
or on the Closing Date. Subject to the terms and conditions hereof, at the Closing, RCC will sell, assign and transfer to NCI, and NCI will purchase and acquire from RCC, all the outstanding Company Capital Stock, pursuant to the procedures in
Sections 2.2 and 2.3. 
  
 Section 2.2 Acquisition
Consideration. NCI shall pay to RCC as payment for the Company Capital Stock, the sum of $370,000,000 (the “Acquisition Consideration”), to be paid by wire transfer on the Closing Date in accordance with the instructions, if any, that
RCC will have delivered to NCI. The Acquisition Consideration is subject to adjustment pursuant to Section 8.3. 
  
 Section 2.3 The Closing. At the Closing, (i) RCC will deliver and assign to NCI the certificates representing the Company Capital Stock,
accompanied by stock powers duly endorsed in blank or accompanied by duly executed instruments of transfer; (ii) RCC and the Company will deliver to NCI the items described in Section 7.3(d); (iii) NCI will deliver to RCC the
Acquisition Consideration and (iv) NCI will deliver to RCC the item described in Section 7.2(c). This Agreement refers to the actions described in this Section collectively as the “Closing.” The Closing will take place at the
offices of Baker Botts L.L.P., 32nd Floor, 910 Louisiana, Houston, Texas at 8:00 a.m., Houston time, on the Closing Date. 
  

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 ARTICLE 3 
  
 REPRESENTATIONS AND WARRANTIES OF RCC 
  
 Except as set forth on the Company Disclosure Schedules (with specific reference to the particular Section of this Agreement to which the information set forth in such
disclosure schedule relates), RCC represents and warrants to NCI that all of the following representations and warranties in Article 3 are as of the date of this Agreement, true and correct: 
  
 Section 3.1 Organization. RCC (i) is duly organized, validly
existing and in good standing under the laws of its Organization Jurisdiction, (ii) has all requisite corporate or other organizational power under those laws and its Charter Documents to own or lease and to operate its properties and other
assets and to carry on the Acquired Business as now conducted and (iii) is duly qualified and in good standing as a foreign corporation or other organizational entity in all jurisdictions in which it owns or leases property or in which the
carrying on of the Acquired Business as now conducted so requires, except where the failure to be so qualified, singly or in the aggregate, would not have a Material Adverse Effect on RCC or the Company. 
  
 Section 3.2 Ownership and Status of Company Capital Stock. RCC is the
record and beneficial owner of the number of shares of Company Capital Stock Schedule 3.2 sets forth, by each class, and by each series in each class, thereof, free and clear of all Liens. 
  
 Section 3.3 Power of RCC; Approval of the Acquisition. The execution,
delivery and performance in accordance with their respective terms by RCC of each Transaction Document to which it is a party and the effectuation of the transactions contemplated hereby and thereby, are within its corporate or other organizational
power under its Charter Documents and the applicable Governmental Requirements of the State of Delaware and have been duly authorized by all proceedings its Charter Documents and the applicable Governmental Requirements of the State of Delaware
require. This Agreement has been, and each of the other Transaction Documents to which RCC is a party, when executed and delivered by the parties thereto, will have been, duly executed and delivered by it and is, or when so executed and delivered
will be, its legal, valid and binding obligation, enforceable against RCC in accordance with its terms, subject to the Enforceability Exceptions. 
  
 Section 3.4 Absence of Conflicts. RCC’s execution, delivery and performance in accordance with their respective terms of the Transaction
Documents to which it is a party and the effectuation of the Reorganization, the Acquisition and the other transactions the Transaction Documents contemplate to be effectuated by RCC do not and will not (except for any failure to comply with the HSR
Act and for such matters described in clauses (i)(B) and (C), (ii) and (iv) below as would not, individually or in the aggregate, have a Material Adverse Effect on RCC, the Company or the Acquired Business) (i) violate, breach or
constitute a default under (A) the Charter Documents of RCC, (B) any Governmental Requirement applicable to RCC, the Company or the Acquired Business or (C) any Contract by which RCC, the Company or the Acquired Business or any of
their respective assets is bound or affected, (ii) result in the acceleration or mandatory prepayment of any Indebtedness, or any Guaranty not constituting Indebtedness, of RCC or afford any holder of any of that Indebtedness, or any
beneficiary of any of those Guaranties, the right to require the Acquired Business or the Company to redeem, purchase or otherwise acquire, reacquire or repay any of that Indebtedness, or to perform any of those Guaranties, (iii) cause or
result in the imposition of, or afford any Person the right to obtain, any Lien upon the Company Capital Stock or any other property or other assets of RCC, the Company or the Acquired Business (or upon any revenues, income or profits of the Company

  

 - 14 - 

 or the Acquired Business therefrom) or (iv) result in the revocation, cancellation, suspension or material
modification, of any Governmental Approval possessed by RCC, the Company or the Acquired Business at the date hereof and necessary for the ownership or lease or the operation of its properties and other assets or the carrying on of its business as
now conducted, including any necessary Governmental Approval under each applicable Environmental Law, except as the result of the ownership of the Company Capital Stock by NCI. 
  
 Section 3.5 No Brokers. RCC has not, directly or indirectly, in connection with this Agreement or the transactions
this Agreement contemplates (i) employed any broker, finder or agent or (ii) agreed to pay or incurred any obligation to pay any broker’s or finder’s fee, any sales commission or any similar form of compensation. 
  
 ARTICLE 4 
  
 FURTHER REPRESENTATIONS AND WARRANTIES 
 OF RCC 
  
 Except as set forth on the Company
Disclosure Schedules (with specific reference to the particular Section of this Agreement to which the information set forth in such disclosure schedule relates), RCC represents and warrants to NCI that all of the following representations and
warranties in Article 4 are as of the date of this Agreement, true and correct: 
  
 Section 4.1 Organization. Schedule 4.1 sets forth the form of organization, legal name, each assumed name and Organization Jurisdiction of the Company. The Company (i) is a corporation duly organized,
validly existing and in good standing under the laws of its Organization Jurisdiction, (ii) has all requisite corporate power under those laws and its Charter Documents to own or lease and to operate its properties and other assets and to carry
on the Acquired Business as now conducted and (iii) is, or as of the Closing Date will be, duly qualified and in good standing as a foreign corporation or other Entity in all jurisdictions in which it or RCC owns or leases property or in which
the carrying on of the Acquired Business as now conducted so requires, except where the failure to be so qualified, singly or in the aggregate, would not have a Material Adverse Effect on RCC or the Company. The Company was formed solely for the
purpose of engaging in the transactions contemplated by the Transaction Documents and has engaged in no other business activities and has conducted its operations only as contemplated by this Agreement. 
  
 Section 4.2 Authorization; Enforceability; Absence of Conflicts; Required
Consents. (a) The execution, delivery and performance by the Company of each Transaction Document to which it is a party, and the consummation of the transactions contemplated herein and therein, are within its corporate or other power
under its Charter Documents and all applicable Governmental Requirements of its Organization Jurisdiction and have been duly authorized by all requisite corporate action on the part of the Company and RCC, and no other corporate proceedings on the
part of the Company or RCC are necessary to consummate the transactions contemplated hereby and thereby. 
  
 (b) This Agreement constitutes, and each such other Transaction Document to which the Company is a party, when the executed and delivered
by the parties 
  

 - 15 - 

 thereto it in accordance with its terms, will constitute, will have been duly executed and delivered by
the Company and will be the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, subject to the Enforceability Exceptions. 
  
 (c) The execution, delivery and performance in accordance with their respective terms by the Company of the
Transaction Documents to which it is a party and the effectuation of the Reorganization, the Acquisition and the other transactions the Transaction Documents contemplate do not and will not (except for such matters described in clauses (i)(C), (ii),
(iii) and (iv) below as would not, individually or in the aggregate, have a Material Adverse Effect on the Company or the Acquired Business) (i) violate, breach or constitute a default under (A) the Charter Documents of the
Company, (B) any Governmental Requirement applicable to the Company or the Acquired Business or (C) any Contract by which RCC, the Company or the Acquired Business or any of their respective assets is bound or affected, (ii) result in
the acceleration or mandatory prepayment of any Indebtedness, or any Guaranty not constituting Indebtedness, of RCC, the Company or the Acquired Business or afford any holder of any of that Indebtedness, or any beneficiary of any of those
Guaranties, the right to require the Company to redeem, purchase or otherwise acquire, reacquire or repay any of that Indebtedness, or to perform any of those Guaranties, (iii) cause or result in the imposition of, or afford any Person the
right to obtain, any Lien upon the Company Capital Stock or any property or other assets of the Company or the Acquired Business (or upon any revenues, income or profits of the Company or the Acquired Business therefrom) or (iv) result in the
revocation, cancellation, suspension or material modification, in any single case or in the aggregate, of any Governmental Approval possessed by RCC, the Company or the Acquired Business at the date hereof and necessary for the ownership or lease or
the operation of its properties and other assets or the carrying on of its business as now conducted, including any necessary Governmental Approval under each applicable Environmental Law. 
  
 (d) Except for any applicable requirements under the HSR
Act, no Governmental Requirement requires RCC or the Company to obtain any Governmental Approval, or make any filings, including any report or notice, with any Governmental Authority, in connection with the execution, delivery or performance by RCC
or the Company of the Transaction Documents to which it is a party, the performance by RCC and the Company of its obligations thereunder or the effectuation of the Reorganization, the Acquisition and the other transactions those Transaction
Documents contemplate, except where a failure to obtain a Governmental Approval or make such a filing, individually or in the aggregate, would not have a Material Adverse Effect on RCC, the Acquired Business or the Company. 
  
 (e) To the knowledge of RCC, except for the Governmental
Requirements to which Section 4.2(d) refers and except as set forth on Schedule 4.2(e), no Contract to which RCC, the Company or the Acquired Business is a party or is bound or to which any of the properties or other assets of RCC, the Company
or the Acquired Business is subject, requires the Company, RCC or the Acquired Business to obtain any consent or approval from, or make any filing (including any report or notice) with, any Person in connection with the execution, delivery or
performance by RCC or the Company of the Transaction Documents to which it is a party, or the effectuation of the Reorganization, the 
  

 - 16 - 

 Acquisition and the other transactions those Transaction Documents contemplate, except where a failure to
obtain a consent or approval or make a filing, individually or in the aggregate, would not have a Material Adverse Effect on RCC, the Acquired Business or the Company. 
  
 Section 4.3 Charter Documents; No Violation. RCC has caused true, complete and correct copies of the Charter
Documents of the Company, each as in effect on the date hereof, to be delivered to NCI. No breach or violation of any Charter Document of the Company has occurred and is continuing. 
  
 Section 4.4 No Defaults. Except as set forth on Schedule 4.4., none of RCC, the Company or any of their respective
Subsidiaries is in default in any respect under any Contract to which it is a party or by which it or any of the properties or assets of RCC, the Company or the Acquired Business is bound, which default would have a Material Adverse Effect on the
Company, and to the knowledge of RCC, there has not occurred any event that, with the lapse of time or the giving of notice or both, would constitute such a default. 
  
 Section 4.5 Subsidiaries. The Company does not own, of record or beneficially, directly or indirectly through any
Person, or control, directly or indirectly through any Person or otherwise, any Capital Stock of any Entity other the Company, except as set forth on Schedule 4.5. 
  
 Section 4.6 Capital Stock of the Company. Schedule 4.6 sets forth, by each class and by each series within each
class, the total number of shares of authorized Company Capital Stock and the total number of such shares that have been issued and are now outstanding. No shares of Company Capital Stock are held by the Company as treasury shares, and no
outstanding options, warrants or rights to acquire Capital Stock of the Company exist. All the issued and outstanding shares of Capital Stock of the Company (i) have been duly authorized and validly issued and (ii) are fully paid and
nonassessable. The Company has not issued or sold any shares of its outstanding Capital Stock in breach or violation of any applicable statutory or contractual preemptive rights, or any other rights of any kind (including any rights of first offer
or refusal), of any Person. No Person has, otherwise than solely by reason of that Person’s right, if any, to vote shares of the Capital Stock of the Company it holds (to the extent those shares afford the holder thereof any voting rights), any
right to vote on any matter with the holders of Capital Stock of the Company. 
  
 Section 4.7 Related Party Agreements. Schedule 4.7 sets forth all Related Party Agreements in effect on the date hereof. As of the Closing, the Company will not be a party to or bound by any Related Party
Agreement. 
  
 Section 4.8 Litigation. Except as set forth
on Schedule 4.8, no Litigation is pending or, to RCC’s knowledge, threatened against RCC, the Company, any of their respective Subsidiaries or the Acquired Business, at law or in equity, or before any Governmental Authority or arbitrator, that
(i) if adversely determined, individually or in the aggregate, would have a Material Adverse Effect on the Company or (ii) seeks to delay or prevent the consummation of the Acquisition or any other transaction contemplated by this
Agreement or any other Transaction Document. To RCC’s knowledge, there is no Investigation pending or threatened against RCC, the Company, any of their respective Subsidiaries or the Acquired Business that if 
  

 - 17 - 

 (i) adversely determined, individually or in the aggregate, would have a Material Adverse Effect on the Company or
(ii) seeks to delay or prevent the consummation of the Acquisition or any other transaction contemplated by this Agreement or any other Transaction Document. 
  
 Section 4.9 Financial Statements. The Financial Statements (including in each case the related notes) delivered to
NCI present fairly, in all material respects (in accordance with GAAP), the financial position of RCC at the respective dates of the balance sheets included therein and the results of operations, cash flows and stockholders’ or other
owners’ equity of RCC for the respective periods set forth therein and have been prepared in accordance with GAAP (subject, in the case of the unaudited interim financial statements of RCC, to the absence of footnote disclosures, normal and
recurring year-end adjustments that have not yet been made and estimated LIFO adjustments). Since the Current Balance Sheet Date, except as Schedule 4.9 sets forth, no liabilities included in the Acquired Liabilities were incurred otherwise than in
the ordinary course of business, and no change has occurred in the business, operations, properties or other assets, liabilities, condition (financial or other) or results of operations of RCC, the Acquired Business or the Company that, individually
or in the aggregate, has had or would reasonably be expected to have a Material Adverse Effect on the Company or the Acquired Business. 
  
 Section 4.10 Compliance With Laws. RCC or a Subsidiary of RCC possesses, and as of the Reorganization Date and the Closing the Company and its
Subsidiaries will possess, (or, if the applicable Environmental Laws (including those relating to hazardous air pollutants or Solid Wastes, Hazardous Wastes or Hazardous Substances) so require, one or more of its employees possesses) all
Governmental Approvals required for the conduct of the Acquired Business except as would not have a Material Adverse Effect on the Acquired Business or the Company. RCC is, and as of the Reorganization Date and the Closing the Company will be, in
compliance in all material respects with the terms and conditions of all Governmental Approvals (i) necessary for the ownership or lease and the operation of the properties and other assets of the Acquired Business (including all the
facilities, sites and other properties it owns or holds under any lease) and the carrying on of the Acquired Business as now conducted and (ii) applicable to the Acquired Business or any of its presently owned or operated properties and other
assets (including all the facilities, sites and other properties now owned or held by it under any lease), businesses or operations of the Acquired Business, except, in the case of clause (i) or (ii) above, as would not, individually or in
the aggregate, have a Material Adverse Effect on the Acquired Business or the Company. All such Governmental Approvals are valid and in full force and effect, and to the knowledge of RCC, neither RCC nor the Company has received any notice from any
Governmental Authority (x) which asserts any material noncompliance with any of those Governmental Requirements or (y) regarding that Governmental Authority’s intention to cancel, suspend, terminate or not renew any of those
Governmental Approvals. Other than with respect to Governmental Requirements that are addressed more specifically elsewhere in this Article 4, RCC and its Subsidiaries are, and as of the Reorganization Date and the Closing the Company and its
Subsidiaries will be, in compliance with all Governmental Requirements applicable to the Acquired Business except as would not, individually or in the aggregate, have a Material Adverse Effect on the Acquired Business or the Company. 
  

 - 18 - 

 Section 4.11 Certain Environmental Matters. Except as would not, individually or in the aggregate,
have a Material Adverse Effect on the Acquired Business or the Company and except as disclosed on Schedule 4.11: 
  
 (a) As of the date hereof RCC or a Subsidiary of RCC has obtained, and as of the Reorganization Date and the Closing each of the Company
and its Subsidiaries shall have obtained, all Environmental Permits required for the conduct and operation of the Acquired Business. Each of RCC, their respective Subsidiaries and the Acquired Business is in compliance with the terms and conditions
contained in its Environmental Permits, and each of them and the Acquired Business is in compliance with all applicable Environmental Laws applicable to it or any of its owned, leased or operated facilities, sites or other properties, businesses,
products and operations; 
  
 (b) The operations
of the Acquired Business are not subject to any pending Litigation or, to RCC’s knowledge, Investigation or threatened Litigation under any Environmental Laws; 
  
 (c) Neither RCC nor any of its Subsidiaries is, nor will the Company or any of its Subsidiaries be as of
the Reorganization Date and the Closing, subject to any environmental indemnification obligation regarding businesses currently operated by RCC, the Company or the Acquired Business or any of their respective Subsidiaries or regarding properties
currently owned or leased by RCC, the Company or the Acquired Business or any of their respective Subsidiaries; 
  
 (d) To RCC’s knowledge, there are no Environmental Conditions on, at, under or related to any property currently owned, leased or
used by RCC or any of its Subsidiaries (or, as of the Reorganization Date and the Closing, the Company or any of its Subsidiaries), including offsite locations, where Solid Wastes, Hazardous Wastes or Hazardous Substances have been disposed by the
Acquired Business that have the potential for liability for the Company or any of its Subsidiaries under applicable Environmental Laws and, to RCC’s knowledge, the foregoing representation is true and correct with regard to property formerly
owned, leased or used by RCC, the Company or any of their respective Subsidiaries, or in connection with the Acquired Business; 
  
 (e) RCC has made available to NCI all site assessments, compliance audits, and other similar studies prepared since January 1, 2002
in the possession or custody of RCC, the Company or any of their respective Subsidiaries relating to (A) the Environmental Conditions on, under or about the properties or assets currently owned, leased, operated or used by RCC, the Acquired
Business, any of its Subsidiaries or any predecessor in interest thereto and (B) any Solid Wastes, Hazardous Wastes or Hazardous Substances used, managed, handled, transported, treated, generated, stored, discharged, emitted, or otherwise
released by RCC, the Acquired Business any of its Subsidiaries or, to RCC’s and the Company’s knowledge, any other Person, on, under, about or from any of the properties currently owned or leased by, or otherwise in connection with the use
or operation of any of the properties owned or leased by, or otherwise in connection with the use or operation of any of the properties and assets of, the Acquired Business, RCC or any of its Subsidiaries, or their respective businesses and
operations; 
  

 - 19 - 

 (f) To the knowledge of RCC, neither the Company nor RCC nor any Subsidiary thereof has
received any notice that has not been resolved from a Governmental Authority, citizen’s group, employee or otherwise, alleging that RCC is liable under, or not in material compliance with, any Environmental Law, nor has the Company or RCC or
any of their respective Subsidiaries been named or identified as a potentially responsible party by any Governmental Authority or Person under CERCLA or RCRA; and 
  
 (g) To RCC’s knowledge, there is no requirement formally proposed for notice, comment, adoption or
implementation under any Environmental Permit issued pursuant thereto that is reasonably expected to result in liability or material increases in either capital or operating costs for the Acquired Business, RCC or any of its Subsidiaries, or, as of
the Reorganization Date and the Closing, the Company or any of its Subsidiaries. 
  
 Section 4.12 Real Property. (a) Condemnation. There is no pending or, to RCC’s knowledge, threatened condemnation or eminent domain proceeding relating to any of RCC’s owned real property,
nor any pending, or to RCC’s knowledge, threatened public improvements or special assessments that reasonably would be expected to result in a charge being levied or assessed against the real property. 
  
 (b) Owned Real Property; Title. Except for Permitted
Liens and except as set forth on Schedule 4.12(b), RCC has not leased, licensed or otherwise granted to any Person the right to use or occupy its owned real properties or any portion thereof. 
  
 (c) Leases. RCC has provided NCI with true, correct
and complete copies of all lease agreements under which all leased real properties included in the Acquired Assets are leased. Each of those leases is, to the knowledge of RCC, valid and binding on the lessor and lessee parties thereto, subject to
the Enforceability Exceptions. To the knowledge of RCC, neither the Company nor RCC has received any notice that any lessor under such leases has exercised any right to terminate or cancel any of those leases. Except as would not, individually or in
the aggregate, have a Material Adverse Effect on the Acquired Business or the Company, RCC is not , and to RCC’s knowledge the lessor of each of those leases is not, in default of the covenants of such leases. 
  
 (d) Options, etc. Except as set forth on Schedule
4.12(d), there are no outstanding options, rights of first offer, rights of first refusal or any similar rights or options to purchase any of RCC’s owned real property or any portion thereof or any interest therein. 
  
 Section 4.13 Acquired Assets. Except as set forth on Schedule 4.13,
RCC has, and as of the Closing the Company will have, valid title to the Acquired Assets, in each case free and clear of all Liens except for Permitted Liens. RCC has provided NCI with true, complete and correct copies of all title reports and
insurance policies RCC possesses which relate to the real properties included in the Acquired Assets. 
  
 Section 4.14 Proprietary Rights. Schedule 4.14 lists (i) all patents, patent applications, trademark and service mark applications and
registrations, domain name registrations and copyright registrations owned by RCC comprising the Proprietary Rights, (ii)
  

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 any and all agreements relating to Proprietary Rights or Intangible Assets that are not owned by RCC (except agreements
relating to commercially available software with a value of less than $500), and (iii) any agreements relating to Proprietary Rights or Intangible Assets owned by RCC under which RCC has granted licenses to other persons (identifying for each
such agreement the subject Proprietary Rights or Intangible Assets). No Litigation or other notice or claim is pending or, to RCC’s knowledge, threatened against RCC, the Company or their respective Subsidiaries or the Acquired Business
regarding Proprietary Rights or Intangible Assets that (i) if adversely determined, individually or in the aggregate, would have a Material Adverse Effect on the Acquired Business or the Company or (ii) seeks to delay or prevent the
consummation of the Acquisition or any other transaction contemplated by this Agreement or any other Transaction Document. Neither RCC nor the Company has received written notification or otherwise has knowledge that it must license any
Person’s intellectual property rights in order to conduct the Acquired Business or that it is infringing any Person’s intellectual property rights in the conduct of the Acquired Business. No governmental registration of any of the
Proprietary Rights scheduled in Schedule 4.14(i) has lapsed or expired or been canceled, abandoned, opposed or the subject of any reexamination request. 
  
 Section 4.15 Commitments. (a) Schedule 4.15 sets forth a complete list of each of the following, written or oral (each a “Company
Commitment”), to which RCC or any of its Subsidiaries is a party and which will be included in the Acquired Assets or Acquired Liabilities and which presently remains executory in whole or in any part: 
  
 (b) each partnership or joint venture agreement;

  
 (c) each Guaranty or suretyship agreement or
performance bond; 
  
 (d) each instrument,
agreement or other obligation evidencing or relating to Indebtedness of any such Entity involving more than $50,000; 
  
 (e) each pending contract to purchase or sell real property; 
  
 (f) each agreement with sales or commission agents, public relations or advertising agencies, accountants
or attorneys (other than in connection with this Agreement and the transactions this Agreement contemplates) involving total payments within any 12-month period in excess of $50,000 and which is not terminable without penalty and on no more than 30
days’ prior notice; 
  
 (g) each agreement
for the acquisition by such Entity or provision to such Entity of services, supplies, equipment, inventory, fixtures or other property or assets involving more than $50,000 in the aggregate; 
  
 (h) each agreement providing for the purchase from a
supplier of all or substantially all the requirements of the Company or the Acquired Business of a particular product or service; 
  
 (i) each Contract containing any noncompetition agreement, covenant or undertaking that restricts the activities of RCC or the Company;
or 
  

 - 21 - 

 (j) each other agreement or commitment not made in the ordinary course of business which
is Material to the Acquired Business that is not otherwise reflected in the Company Disclosure Schedules. 
  
 True, correct and complete copies of all written Company Commitments, and true, correct and complete written descriptions of all oral Company Commitments, have heretofore been delivered to NCI. In the case of clauses
(i) and (ii) below except as would not, individually or in the aggregate, have a Material Adverse Effect on the Company, (i) there are no existing or asserted defaults, events of default or events or omissions that, with the giving of
notice or lapse of time or both, would constitute defaults or events of default under any Company Commitment by RCC or the Company or, to the knowledge of RCC, of any other party thereto; and (ii) no penalties have been incurred, nor are
amendments pending, with respect to any Company Commitment. The Company Commitments are in full force and effect and are valid and enforceable obligations of the Company and, to the knowledge of RCC and the Company, the other parties thereto in
accordance with their respective terms, subject to the Enforceability Exceptions, and no defenses, off-sets or counterclaims have been asserted or, to the knowledge of RCC and the Company, threatened by any party thereto (other than by RCC or the
Company), nor has RCC or the Company waived any rights thereunder. 
  
 (k) Except as this Agreement or any other Transaction Document to which the Company or RCC is a party contemplates, to the knowledge of RCC, neither the Company nor RCC has received any notice that any other party to
any Company Commitment has exercised any right to cancel or terminate any Company Commitment. 
  
 Section 4.16 Insurance. RCC has provided NCI with: (A) a list as of the Current Balance Sheet Date of all insurance policies then carried by RCC or its Subsidiaries; (B) a list of all insurance loss
runs and workers’ compensation claims received for the most recently ended three policy years and (C) true, complete and correct copies of all insurance policies carried by RCC or its Subsidiaries, or as of the Reorganization Date and the
Closing that will be carried by the Company, which are in effect. No insurance carried by RCC or its Subsidiaries or, as of the Reorganization Date and the Closing, the Company, has been canceled by the insurer during the past five years, and
neither RCC nor any of its Subsidiaries has been denied coverage during that period. During the current policy period, none of the Company, RCC or its Subsidiaries has received any notice or other communication from any issuer of any such insurance
policy of any material increase in any deductibles, retained amounts or the premiums payable thereunder, and, to the knowledge of RCC and the Company, no such increase in deductibles, retainages or premiums is threatened. 
  
 Section 4.17 Employee Matters. (a) Compensation and Employment
Agreements. RCC has provided NCI with a complete written list of the names, ages, titles, length of service and rates of annual Cash Compensation at the Current Balance Sheet Date (and the portions thereof attributable to salary or the
equivalent, fixed bonuses, discretionary bonuses and other Cash Compensation, respectively) of (i) all employees of RCC and the Acquired Business (including all employees who are officers or directors), and (ii) those nonemployee officers,
nonemployee directors and key consultants and independent contractors of RCC and the Acquired Business who receive annual Cash Compensation in excess of $50,000. Schedule 4.17 lists all written Employment Agreements remaining executory in whole or
in part on the date 
  

 - 22 - 

 hereof, and RCC has provided NCI with true, complete and correct copies of all those Employment Agreements. RCC is not,
and as of the Reorganization Date and the Closing the Company will not be, a party to any material oral Employment Agreement that is not terminable by either party thereto without liability on the part of either party thereto (except for earned but
unpaid salaries or wages and severance in accordance with RCC’s policies). Schedule 4.17 lists all material Other Compensation Plans either remaining executory at the date hereof or to become effective after the date hereof. RCC has provided
NCI with a true, correct and complete copy of each of those material Other Compensation Plans that is in writing and a summary written description of each of those material Other Compensation Plans that is not written. Except as disclosed in
Schedule 4.17, each of the Other Compensation Plans, including each that is a Welfare Plan, may be unilaterally amended or terminated by RCC (or, as of the Reorganization Date and the Closing, the Company) without liability to it, except as to
benefits accrued thereunder prior to that amendment or termination. Schedule 4.17 lists all Employee Policies and Procedures. RCC has provided NCI with a copy of all written Employee Policies and Procedures and a summary written description of all
unwritten Employee Policies and Procedures that are Material to the Acquired Business. 
  
 (b) ERISA Benefit Plans. Schedule 4.17 (i) lists (A) each ERISA Pension Benefit Plan (1) the funding requirements
of which (under Section 301 of ERISA or Section 412 of the Code) are, or at any time during the six-year period ended on the date hereof were, in whole or in part, the responsibility of RCC (or, as of the Reorganization Date and the
Closing, the Company) or (2) respecting which RCC is, or at any time during that period was, (or, as of the Reorganization Date and the Closing, the Company will be ) a “contributing sponsor” or an “employer” as defined in
Sections 4001(a)(13) and 3(5), respectively, of ERISA (each plan this clause (A) describes being a “Company ERISA Pension Plan”), (B) each other ERISA Pension Benefit Plan respecting which an ERISA Affiliate is, or at any time
during that period was, such a “contributing sponsor” or “employer” (each plan this clause (B) describes being an “ERISA Affiliate Pension Plan”) and (C) each other ERISA Employee Benefit Plan that is being,
or at any time during that period was, sponsored, maintained or contributed to by RCC (or, as of the Reorganization Date and the Closing, the Company) (each plan this clause (C) describes and the Company ERISA Pension Plan being a “Company
ERISA Benefit Plan”), (ii) states the termination date of the Company ERISA Benefit Plan and ERISA Affiliate Pension Plan that has been terminated and (iii) identifies for each ERISA Affiliate Pension Plan the relevant ERISA
Affiliates. Schedule 4.17(b) discloses any benefit plan that would be considered an ERISA Pension Benefit Plan if it covered U.S. employees. The Plans covering Canadian employees are referred to as the “Canadian Plans.” 
  
 (c) Unions. Except as set forth on Schedule 4.17(c),
none of RCC, the Company or any ERISA Affiliate thereof has ever been a party to any agreement with any union, labor organization or collective bargaining unit or a member of any employers’ collective bargaining association. No employees of RCC
or the Company are represented by any union, labor organization or collective bargaining unit and, to the knowledge of RCC, neither RCC nor the Company has received notice of any organizing activities relating to union, labor organization or
collective bargaining unit with respect to its employees. RCC has (and, as of the Reorganization Date and the Closing, the Company will have) (i) satisfied any requirement for notice of the transactions this Agreement contemplates under
applicable collective bargaining agreements and (ii) provided NCI with proof that any such required notice has been sent. 
  

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 (d) Change of Control Benefits. Neither RCC or any of its Affiliates is (and, as
of the Reorganization Date and the Closing, the Company will not be) a party to any agreement, or established any plan, policy, practice or program, requiring it to make a payment or provide any other form of compensation or benefit or vesting
rights to any person performing services for the Acquired Business which would not be payable or provided in the absence of this Agreement or the consummation of the transactions this Agreement contemplates, including any parachute payment under
Section 280G of the Code. 
  
 (e)
Retirees. Except as disclosed in Schedule 4.17, neither RCC nor any of its Affiliates has (and, as of the Reorganization Date and the Closing, the Company will not have) any obligation or commitment to provide medical, dental or life
insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired except as the continuation of coverage provisions of Section 4980B of the Code and the applicable parallel provisions of
ERISA may require. 
  
 Section 4.18 Compliance With
Applicable Law. (a) Compliance. Each of the Company ERISA Benefit Plans and Other Compensation Plans (each, a “Plan”) (i) is in compliance in all material respects with all applicable provisions of ERISA, as well as
with all other applicable Governmental Requirements, and (ii) has been administered, operated and managed in all material respects in accordance with its governing documents. Each of the Canadian Plans (i) is in compliance in all material
respects with all applicable provisions of Canadian law and (ii) has been administered, operated and managed in all material respects in accordance with its governance documents. 
  
 (b) Qualification. All Plans that are intended to qualify under Section 401(a) of the Code (the
“Qualified Plans”) are so qualified and have been determined by the IRS to be so qualified (or application for determination letters have been timely submitted to the IRS). RCC has provided NCI with true, complete and correct copies of the
current plan determination letters, most recent Form 5500 and all Schedules thereto, or, as applicable, Form 5500-C/R, filed with respect to each such Qualified Plan and most recent trustee or custodian report. 
  
 (c) Health Plans. With respect to Plans qualifying as
“group health plans” under Section 4980B of the Code or Section 607(l) or 609 of ERISA (relating to the benefit continuation rights imposed by “COBRA” or qualified medical child support orders), RCC and its Affiliates
have complied (and on the Closing Date the Company will have complied) in all material respects with all reporting, disclosure, notice, election and other benefit continuation and coverage requirements imposed thereunder as and when applicable to
those plans. 
  
 (d) No Multiemployer Plans or
Welfare Trusts. Neither RCC (and, as of the Reorganization Date and the Closing, the Company) nor any ERISA Affiliate thereof is, or at any time during the six-year period ended on the date hereof was, obligated to contribute to a Multiemployer
Plan. Neither RCC (and, as of the Reorganization Date and the 
  

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 Closing, the Company) nor any ERISA Affiliate thereof has made a complete or partial withdrawal from a
Multiemployer Plan so as to incur withdrawal liability as defined in Section 4201 of ERISA. Any trust funding a Plan, which is intended to be exempt from federal income taxation under Section 501(c)(9) of the Code, satisfies the
requirements of that Section and has received a favorable determination letter from the IRS regarding that exempt status and has not, since receipt of the most recent favorable determination letter, been amended or operated in a way that would
adversely affect that exempt status. 
  
 (e)
Claims and Litigation. No Litigation or, to the knowledge of RCC, claims (other than routine claims for benefits) are pending or, to the knowledge of RCC, threatened against, or with respect to, any of the Plans or Canadian Plans or with
respect to any fiduciary, administrator or sponsor thereof (in their capacities as such). 
  
 (f) Excise Taxes, Damages and Penalties. Neither RCC nor the Company has received any written notice that any act, omission or
transaction has occurred which would result in the imposition on RCC or the Company with respect to any Plan of (i) breach of fiduciary duty liability damages under Section 409 of ERISA, (ii) a civil penalty assessed under subsection
(c), (i) or (l) of Section 502 of ERISA or (iii) any excise tax under applicable provisions of the Code. 
  
 (g) No Prohibited Transactions, etc. None of RCC, any Plan or the Company has engaged in any Prohibited Transaction. No Plan or
ERISA Affiliate Pension Plan has incurred an accumulated funding deficiency, as defined in Section 412(a) of the Code and Section 302(a) of ERISA and, to the knowledge of RCC, no circumstances exist as a result of which the Acquired
Business or the Company could have any direct or indirect liability whatsoever (including being subject to any statutory Lien to secure payment of any such liability), to the PBGC under Title IV of ERISA or to the IRS for any excise tax or penalty
with respect to any Plan or ERISA Affiliate Pension Plan maintained or contributed to by the Company or any of its ERISA Affiliates. Further: 
  
 (1) no termination, partial termination or discontinuance of contributions to any Qualified Plan has occurred without a determination by the IRS that such
action does not adversely affect the tax-qualified status of that plan; 
  
 (2) no Termination Event has occurred with respect to a Plan or an ERISA Affiliate Pension Plan; 
  
 (3) no Reportable Event has occurred with respect to any Plan or ERISA Affiliate Pension Plan which was not properly reported (although the consummation
of the Acquisition will be a Reportable Event); and 
  
 (4) RCC
has not (and, as of the Reorganization Date and the Closing, the Company will not have) incurred liability under Section 4062 of ERISA. 
  
 (h) Recent Contribution. In January 2006, RCC contributed or caused to be contributed $806,552 to the Robertson-Ceco Corporation
Master Pension Plan. 
  

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 Section 4.19 Taxes. (a) Each of the following representations and warranties in this Section
is qualified to the extent Schedule 4.19 sets forth. 
  
 (b) All Returns required to be filed with respect to any Tax for which RCC, the Company, their respective Subsidiaries and the Acquired Business is liable have been duly and timely filed with the appropriate Taxing Authority, each such
Return is true, correct and complete in all respects Material to the Acquired Business (and, in the case of a Return filed by the Company, the Company), each Tax shown to be payable on each such Return has been timely paid in full, each Tax payable
by RCC, the Company, their respective Subsidiaries and the Acquired Business by assessment has been timely paid in the amount assessed and adequate reserves have been established on the books of the Acquired Business for all Taxes for which RCC, the
Company, their respective Subsidiaries or the Acquired Business is liable, but the payment of which is not yet due. RCC, the Company, their respective Subsidiaries and the Acquired Business have timely filed declarations of estimated Tax in each
jurisdiction in which any such declaration is required to be filed by it and each such declaration is true, correct and complete in all material respects. No Liens for Taxes exist upon the property or other assets of RCC, the Company or any of their
respective Subsidiaries or the Acquired Assets, in each case except Liens for Taxes which are not yet due. None of RCC, the Company, any of their respective Subsidiaries or the Acquired Business is or ever has been subject to Tax in any jurisdiction
outside of the United States. To the knowledge of RCC, no audit by any Taxing Authority is presently pending with respect to any Tax of RCC, the Company, their respective Subsidiaries or the Acquired Business and no notification has been received by
RCC or the Company that any such audit is threatened. No Litigation with respect to any Tax for which RCC, the Company, any of their respective Subsidiaries or the Acquired Business is asserted to be liable is pending or, to the knowledge of RCC,
threatened. No requests for rulings or determinations in respect of any Taxes are pending between RCC, the Company, any of their respective Subsidiaries or the Acquired Business and any Taxing Authority. No extension of any period during which any
Tax may be assessed or collected and for which RCC, the Company, any of their respective Subsidiaries or the Acquired Business is or may be liable has been granted to any Taxing Authority. None of RCC, the Company, any of their respective
Subsidiaries or the Acquired Business is a party to any closing agreement pursuant to Section 7121 of the Code or any comparable provision of any other Tax statute. RCC, the Company, their respective Subsidiaries and the Acquired Business are
not a party to any tax allocation, indemnity or sharing agreement. All amounts required to be withheld by RCC, the Company, their respective Subsidiaries or the Acquired Business and paid to governmental agencies for income, social security,
unemployment insurance, sales, excise, use and other Taxes have been collected or withheld and paid to the proper Taxing Authority. RCC, the Company, their respective Subsidiaries and the Acquired Business have made all deposits required by law to
be made with respect to employees’ withholding and other employment taxes. 
  
 (c) None of the Company, RCC, or their respective Subsidiaries is a “foreign person,” as Section 1445(f)(3) of the Code
refers to that term. 
  
 (d) None of the Company,
RCC, or their respective Subsidiaries has filed a consent under any Tax statute comparable to former Section 341(f) of the Code or has agreed to the application of any Tax statute comparable to former Section 341(f)(2) of the 

 

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 Code to any disposition of an asset. None of the Company, RCC or their respective Subsidiaries has made,
is obligated to make or is a party to any agreement that could require it to make any payment that is not deductible under Section 280G of the Code. No accounting method changes of the Acquired Business exist or are proposed or threatened which
could give rise to an adjustment under Section 481 of the Code. If the Company or any predecessor corporation to the Company at any time has filed an election to be an S corporation, within the meaning of Section 1361(a)(1) of the Code or
any predecessor provision or comparable provisions of state laws, the Company and each such predecessor corporation have at all times met all requirements for that election, and that election has at all times been and is presently valid and in full
force and effect. 
  
 (e) None of the Company,
RCC or their respective Subsidiaries has been a United States real property holding corporation within the meaning of Section 897(c)(2) of the Code at any time. 
  
 Section 4.20 Product Warranties. Schedule 4.20 sets forth a complete and accurate summary of the standard product
warranties the Company currently provides and has provided that are not expired. 
  
 Section 4.21 Solvency. As of the Closing Date, RCC, before consummation of the transactions contemplated by the Transaction Documents and after giving effect to those transactions, will not be insolvent, as
insolvency is defined under any of the Uniform Fraudulent Transfer Act, as approved by the National Conference of Commissioners on Uniform State Laws in 1984, as amended, the Uniform Fraudulent Conveyance Act, as approved by the National Conference
of Commissioners on Uniform State Laws in 1918, as amended, and the U.S. Bankruptcy Code, Title 11 of the U.S.C., as amended. 
  
 ARTICLE 5 
  
 REPRESENTATIONS AND WARRANTIES OF NCI 
  
 NCI represents and warrants to the Company and RCC that all the following representations and warranties in this Article 5 are as of the date of this Agreement, and will be on the Closing Date and immediately prior to
the Closing, true and correct: 
  
 Section 5.1 Organization;
Power. NCI is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. 
  
 Section 5.2 Authorization; Enforceability; Absence of Conflicts; Required Consents. (a) The execution, delivery and performance in accordance
with their respective terms by NCI of each Transaction Document to which it is a party, and the effectuation of the transactions those Transaction Documents contemplate, are within its corporate power under its Charter Documents and the applicable
Governmental Requirements of the State of Delaware and have been duly authorized by all proceedings, including actions permitted to be taken in lieu of proceedings, its Charter Documents and the applicable Governmental Requirements of the State of
Delaware require. 
  

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 (b) This Agreement has been, and each of the other Transaction Documents to which NCI is
a party, when executed and delivered by the parties thereto, will have been, duly executed and delivered by it and is, or when so executed and delivered will be, its legal, valid and binding obligation, enforceable against it in accordance with its
terms, subject to the Enforceability Exceptions. 
  
 (c) The execution, delivery and performance in accordance with their respective terms by NCI of the Transaction Documents to which it is a party and the effectuation of the Acquisition and the other transactions this Agreement and those
Transaction Documents contemplate do not and will not violate, breach or constitute a default under (i) the Charter Documents of NCI, (ii) any Governmental Requirement applicable to NCI or (iii) any Company Commitment of NCI.

  
 (d) Except for applicable requirements under
the HSR Act, no Governmental Requirement requires NCI to obtain any Governmental Approval, or make any filings, including any report or notice, with any Governmental Authority, in connection with the execution, delivery or performance by it of the
Transaction Documents to which it is a party, the enforcement against it of its obligations thereunder or the effectuation of the Acquisition and the other transactions those Transaction Documents contemplate. 
  
 Section 5.3 No Brokers. Except as Schedule 5.3 sets forth, NCI has
not, directly or indirectly, in connection with this Agreement or the transactions this Agreement contemplates (i) employed any broker, finder or agent or (ii) agreed to pay or incurred any obligation to pay any broker’s or
finder’s fee, any sales commission or any similar form of compensation. 
  
 Section 5.4 Funding. At the Closing, NCI will have available all of the funds necessary to pay the Acquisition Consideration and to support the continued operation of the Acquired Business. As of the Closing
Date, following consummation of the Acquisition, neither NCI nor the Company will be insolvent, as insolvency is defined under any of the Uniform Fraudulent Transfer Act, as approved by the National Conference of Commissioners on Uniform State Laws
in 1984, as amended, the Uniform Fraudulent Conveyance Act, as approved by the National Conference of Commissioners on Uniform State Laws in 1918, as amended, and the U.S. Bankruptcy Code, Title 11 of the U.S.C., as amended. 
  
 ARTICLE 6 
  
 COVENANTS EXTENDING TO THE CLOSING 
  

Section 6.1 Access and Cooperation; Due Diligence. (a) From the date hereof and until the Closing, RCC will and will cause the Company to
(i) afford to the Representatives of NCI (to the extent permitted access under the Confidentiality Agreement), reasonable access to all the key employees, sites, properties and other assets, books and records of the Acquired Business,
(ii) provide NCI with such additional financial, operating and other information relating to the business, properties and other assets of the Acquired Business as NCI may from time to time reasonably request and (iii) cooperate with NCI
and its Representatives in the preparation of any documents or other material that may be required in connection with any Transaction Documents. 
  

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 (b) NCI and RCC will use their best efforts to (i) secure, as soon as practicable
after the date hereof, all approvals or consents of third Persons as may be necessary to consummate the transactions the Transaction Documents contemplate and (ii) satisfy, on or before the Closing Date, the conditions Sections 7.1, 7.2 and 7.3
set forth. 
  
 Section 6.2 Conduct of Business Pending the
Closing. From the date hereof and until the Closing, RCC will and will cause the Company to, conduct the operations of the Acquired Business in accordance with its ordinary course of business consistent with past practice and use all
commercially reasonable efforts to preserve intact its present business organization, maintain its material rights and franchises, keep available the services of its current officers and key employees and preserve its relationships with material
customers, suppliers and others having business dealings with it in such a manner that its goodwill and ongoing businesses are not materially impaired. Neither RCC nor the Company shall, nor shall they permit any of their respective Subsidiaries to,
enter into any new material line of business. 
  
 Section 6.3
Prohibited Activities. From the date hereof and until the Closing, without the prior written consent of NCI (not to be unreasonably withheld) or unless this Agreement or either of the Contribution Agreement or the Reorganization Agreement
requires or expressly permits, RCC will not and will cause the Company to not: 
  
 (a) make any change in its Charter Documents or permit any of its Subsidiaries to make any change in their respective Charter Documents;

  
 (b) issue any of its Capital Stock;

  
 (c) make any investments in any Person;

  
 (d) (A) make, or enter into any contract
or commitment to make, any capital expenditures (1) in a single transaction or a series of related transactions involving an aggregate amount of more than $250,000, (2) involving an aggregate total amount of more than $1,000,000 or
(3) otherwise than in the ordinary course of its business and consistent with its recent past practices or (B) enter into any contract or commitment to incur any other liabilities involving an aggregate amount of more than $250,000
otherwise than in the ordinary course of its business and consistent with its recent past practices; 
  
 (e) (A) increase or commit or promise to increase materially the Cash Compensation payable or to become payable to any officer,
director, employee or agent, consultant or independent contractor of the Acquired Business or make any discretionary bonus or management fee payment to any such Person, except bonuses or salary increases to employees at the times and in the amounts
consistent with its recent past practices; (B) adopt, establish, amend or terminate any ERISA Employee Benefit Plan, or any Other Compensation Plan or Employee Policies and Procedures; 
  
 (f) create, assume or permit to be created or imposed any
Liens (other than Permitted Liens) upon any of its properties or other assets or any of the Acquired 
  

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 Assets, whether now owned or hereafter acquired, except for purchase money Liens incurred in connection
with the acquisition of equipment with an aggregate cost not in excess of $250,000 and necessary or desirable for the conduct of the Acquired Business; 
  
 (g) other than (i) purchases from vendors or suppliers in the ordinary course of business consistent with past practice or
(ii) any single or series of acquisitions, whether or not related, where the fair market value of the total consideration payable in all such acquisitions does not exceed $250,000 in the aggregate, acquire or agree to acquire, in a single
transaction or a series of transactions, by merging or consolidating with, or by purchasing a substantial equity interest in or a substantial portion of the assets of, or by any other manner, any business or any corporation, partnership, association
or other business organization or division thereof; provided, however, that in any event, RCC and the Company shall not, nor shall they permit any of their respective Subsidiaries to, make any such acquisition, agreement or purchase if it is
reasonably likely to prevent or delay in any material respect the consummation of the transactions contemplated by this Agreement or the other Transaction Documents; 
  
 (h) except in the ordinary course of business consistent with past practice, modify, amend, terminate or
renew any Company Commitment to which the Company or any of its Subsidiaries is or will be a party or which otherwise is or will be, an Acquired Asset, or waive, release or assign any material rights or claims which is or will be an Acquired Asset,
in each case if such action, would have a Material Adverse Effect on the Company or the Acquired Business, or impair in any material respect RCC’s or the Company’s ability to perform their respective obligations under this Agreement and
the other Transaction Documents. Neither RCC nor the Company shall, nor shall they permit any of their respective Subsidiaries to, enter into any Contract to which the Company or any of its Subsidiaries will be a party or which otherwise will be an
Acquired Asset, which Contract is not in the ordinary course of business, involves total consideration of $250,000 or more, has a term longer than one year and which is not terminable by the Company or any such Subsidiary without penalty upon no
more than 30 days’ prior notice; 
  
 (i)
(i) make or rescind any Material express or deemed election relating to Taxes unless such action will not materially and adversely affect the Company, NCI or any of their respective Affiliates on a going-forward basis after the Closing,
including elections for any and all joint ventures, partnerships, limited liability companies, working interests or other investments where RCC or the Company has the capacity to make such binding election, (ii) settle or compromise any
material claim, action, suit, litigation, proceeding, arbitration, investigation, audit or controversy relating to Taxes, except where such settlement or compromise will not result in a Material Adverse Effect on the Company or the Acquired
Business, (iii) amend any Returns, except where such amendment would not adversely affect the Company, NCI or any of their respective Affiliates on a going-forward basis after the Closing or (iv) change in any material respect any of its
methods of reporting income or deductions for federal income tax purposes from those expected to be employed in the preparation of its federal income tax return for the taxable year ended December 31, 2004, except as may be required by
applicable law or except for such changes that are reasonably expected not to result in a Material Adverse Effect on NCI, the Company or the Acquired Business; provided, however, that RCC or the Company may make or rescind any such 
  

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 election, settle or compromise any such claim, action, suit, litigation, proceeding, arbitration,
investigation, audit or controversy, change any such method of reporting or amend any such tax return without NCI’s prior written consent if the amount of Tax liabilities relating to such action does not exceed $250,000; 
  
 (j) other than product sales and other dispositions in
connection with normal equipment maintenance or salvage in the ordinary course of business consistent with past practice and Permitted Liens, sell (including sale-leaseback), lease, pledge, encumber or otherwise dispose of, or agree to sell (or
engage in a sale-leaseback), lease (whether such lease is an operating or capital lease), pledge, encumber or otherwise directly or indirectly dispose of, in a single transaction or a series of related or unrelated transactions, any of its assets
that in the aggregate have a fair market value in excess of $250,000, except as otherwise provided in this Agreement and the other Transaction Documents; provided, that RCC shall not consummate or agree to consummate any such transaction with
respect to any securities of RCC, nor shall RCC consummate or agree to consummate any such transaction with respect to any securities of its Subsidiaries or any securities of the Company or any of its Subsidiaries; 
  
 (k) make any material change in its methods of accounting in
effect at December 31, 2004, except (i) as required by the Financial Accounting Standards Board or changes in GAAP as agreed to by its independent auditors or (ii) as otherwise agreed to in this Agreement. The Company shall not change
its fiscal year; 
  
 (l) enter into or amend any
agreement or arrangement with any of its Affiliates (including any employees of the Acquired Business), other than agreements or arrangements between the Company and wholly owned Subsidiaries of the Company; or 
  
 (m) except as expressly permitted in the Transaction
Documents, permit any of its Subsidiaries to, nor shall it or any of its Subsidiaries propose to split, combine or reclassify any of its capital stock or issue or authorize or propose the issuance of any other securities in respect of, in lieu of,
or in substitution for, shares of its capital stock, except as contemplated by the Contribution Agreement or the Reorganization Agreement. None of RCC, the Company or any of their respective Subsidiaries shall form or propose to form a new
Subsidiary of the Company. 
  
 Section 6.4 Governmental
Filings, including Hart-Scott-Rodino Act Compliance. NCI, the Company, RCC and Heico shall cooperate with one another and assist each other: 
  
 (a) in determining whether any action by or in respect of, or filing with, any Governmental Authority is required, or any actions,
consents, approvals, or waivers are required to be obtained from any Governmental Authority in connection with the consummation of the transactions contemplated by this Agreement; and 
  
 (b) in taking such actions or making any such filings, furnishing information required in connection
therewith and seeking timely to obtain any such actions, consents, approvals or waivers. 
  

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 Each of NCI, the Company, RCC and Heico, as appropriate or required, shall file or cause to be filed with the Federal
Trade Commission and the United States Department of Justice any notifications required to be filed under the HSR Act and to request early termination in connection with such filings with respect to the transactions contemplated herein. Each of the
filing parties shall use its best efforts to make such filings as promptly as practicable; to respond to any requests for additional information at the earliest practicable date; to cooperate with the other party in connection with any filings or
submissions to, or conferences with, any Governmental Authorities with respect to the Acquisition; to keep the other party reasonably and promptly informed of all developments and communications with any Governmental Authority with respect to HSR
Act matters; to provide copies of all documents and correspondence to the non-filing party and its advisors prior to filing and, if requested, to accept all reasonable modifications suggested in connection therewith; not to participate in any
meeting with any Governmental Authority unless it consults with the other party in advance (to the extent permitted by such Governmental Authority and subject to the Confidentiality Agreement); to cause the waiting periods under the HSR Act to
terminate or expire at the earliest possible date; and to resist vigorously, at their respective cost and expense, any assertion that the transactions contemplated herein constitute a violation of the antitrust laws, all to the end of expediting
consummation of the transactions contemplated herein; provided, however, that none of RCC, NCI or the Company shall be required to institute or defend legal proceedings if that party shall determine that such legal proceedings shall constitute or
are reasonably likely to cause a Material Adverse Effect on such party; in such event, that party may, by written notice to the other parties, terminate this Agreement with the effect set forth in Article 9. NCI shall be under no obligation to
limit, curtail or divest of any of its existing businesses or the business it conducts with any of its customers in order to obtain any such approval if it determines that such limitation, curtailment or divestiture shall constitute or is reasonably
likely to cause a Material Adverse Effect on NCI. 
  
 Section 6.5
Notification of Certain Matters. RCC will give prompt notice to NCI of (i) the existence or occurrence of each condition or state of facts which to RCC’s knowledge, will cause any representation or warranty of RCC or the Company
contained herein to be untrue or incorrect in any material respect on the Closing Date and (ii) any material failure of RCC or the Company to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by that
Person hereunder as of the Closing Date. NCI will give prompt notice to RCC of (i) the existence or occurrence of each condition or state of facts which will or reasonably could be expected to cause any representation or warranty of NCI
contained herein to be untrue or inaccurate on or prior to the Closing Date and (ii) any material failure of NCI to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder. The delivery of
any notice under this Section will not be deemed to (i) modify the representations or warranties herein of the party delivering that notice, or any other party, (ii) modify the conditions set forth or referred to in Article 7 or
(iii) limit or otherwise affect the remedies available hereunder to the party receiving that notice. 
  
 Section 6.6 Additional Financial Statements. RCC will furnish to NCI as soon as available and in any event within 45 days after the end of the
Acquired Business’s fiscal quarters which end prior to the Closing Date, an unaudited balance sheet of the Acquired Business as of the end of that fiscal quarter and the related statements of income or operations, cash flows and
stockholders’ or other owners’ equity for that fiscal quarter and for the period of 
  

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 the Acquired Business’ fiscal year ended with that quarter, in each case (i) setting forth in comparative form
the figures for the corresponding portion of the Acquired Business’ previous fiscal year and (ii) prepared in accordance with GAAP. 
  
 Section 6.7 Indebtedness. Prior to or at the Closing, the Company and RCC shall ensure that neither the Company nor any of its Subsidiaries has any
outstanding Indebtedness for borrowed money. Prior to or at the Closing, NCI will provide substitute letters of credit to obtain the return of letters of credit supporting workers’ compensation obligations identified on Annex 4.15(d) (or
substitutes therefor). 
  
 Section 6.8 Public
Announcements. Prior to the Closing, each of NCI and RCC will consult with and obtain the approval (not to be unreasonably withheld or delayed) of the other party before issuing any press release or otherwise making any public statements with
respect to this Agreement and the transactions it contemplates; provided, however, that no such consultation or approval shall be required where the release or announcement is required by applicable law; and provided, further, that either NCI or RCC
may respond to inquiries by the press or others regarding the transactions this Agreement contemplates as long as such responses are consistent with and limited to the party’s previously issued press releases. 
  
 Section 6.9 Further Assurances. Subject to the terms and conditions of
this Agreement, each of NCI, RCC and the Company shall use commercially reasonable efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary under applicable laws and regulations to consummate and make
effective the transactions contemplated by this Agreement and the other Transaction Documents, including providing information and using commercially reasonable efforts to obtain all necessary exemptions, rulings, consents, authorizations, approvals
and waivers to effect all necessary registrations and filings and to lift any injunction or other legal bar to the Acquisition and the other transactions contemplated hereby and thereby as promptly as practicable. 
  
 Section 6.10 Reorganization; No Elections under Section 338. NCI,
RCC and the Company agree that the transactions contemplated by the Reorganization Agreement qualify as tax-free reorganizations under Code Section 368(a)(1)(F) and will be reported as such on the applicable Returns. As a result, for income tax
purposes, the Company will be treated as a continuation of RCC. None of RCC, NCI or the Company, nor any of their Affiliates will make any election under Code Section 338 with respect to the transactions contemplated by this Agreement.

  
 Section 6.11 Tax Returns; Other Tax Matters.

  
 (a) RCC shall cause the Company and its
Subsidiaries to file at their expense all Returns of the Company and its Subsidiaries which are required to be filed (taking into account extensions of time to file) on or before the Closing Date. NCI shall prepare and file (or cause to be prepared
and filed) at its own expense all other Returns of the Company and its Subsidiaries. If either NCI or RCC may be liable for any material portion of the Tax payable in connection with any Return to be filed by the other, the party responsible under
this Section for filing such Return (the “Preparer”) shall prepare and deliver to the other party (the “Payor”) a copy of such Return and any schedules, work papers and other documentation then available that are relevant to the
preparation of the portion of such return for which the Payor is or may be liable hereunder not later than 30 days before the Due Date. The Preparer shall not 
  

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 file such Return until the earlier of either the receipt of written notice from the Payor indicating the
Payor’s consent thereto, or the Due Date. The Payor shall have the option of providing to the Preparer, at any time at least 15 days prior to the Due Date, written instructions as to how the Payor wants any, or all, of the items for which it
may be liable reflected on such Return. The Preparer shall, in preparing such Return, cause the items for which the Payor is liable hereunder to be reflected in accordance with the Payor’s instructions (unless, in the opinion of nationally
recognized tax counsel to the Preparer, complying with the Payor’s instructions would likely subject the Preparer to any criminal penalty or to civil penalties under Sections 6662 through 6664 of the Code or similar provisions of applicable
state, local or foreign laws) and, in the absence of having received such instructions, in accordance with past practice. 
  
 (b) If the Preparer fails to satisfy its obligations pursuant to this Section, the Payor shall have no obligation to indemnify the
Preparer for any Taxes which are reflected on any such Return if and to the extent the Payor was actually prejudiced by such failure, and shall retain any and all remedies it may otherwise have which arise out of such failure. 
  
 (c) Each of RCC and NCI agrees to use its reasonable efforts
to minimize the amount of sales/use, excise, transfer (including real property excise, transfer or gains), stamp, documentary, filing, recordation and other similar Taxes payable in connection with the Contribution Agreement, the Reorganization
Agreement and this Agreement and the transactions contemplated hereby and thereby. 
  
 Section 6.12 Termination of Existing Tax Sharing Agreements. Any and all existing Tax sharing agreements or arrangements, written or unwritten, binding RCC or any Subsidiary of RCC, on the one hand, and the
Company or any Subsidiary of the Company on the other hand, shall be terminated as of the Closing Date. 
  
 ARTICLE 7 
  
 THE CLOSING AND CONDITIONS TO CLOSING AND CONSUMMATION 
  
 Section 7.1 Conditions to the Obligations of Each Party. The obligation of each party hereto to take the actions contemplated to be taken by that party at the Closing is subject to the satisfaction on or before the Closing Date, or
written waiver under Section 10.3, of each of the following conditions: 
  
 (a) Pre-Closing Transactions. Prior to the Closing, the transactions contemplated by the Contribution Agreement shall have been consummated in accordance with the Contribution Agreement, and the Reorganization
shall have been consummated in accordance with the Reorganization Agreement; 
  
 (b) No Orders. No court of competent jurisdiction or other Governmental Authority shall have issued an Order that is still in effect restraining, enjoining or prohibiting the Reorganization or the Acquisition;

  
 (c) No Injunction or Governmental
Action. No Governmental Requirement shall have been enacted entered, promulgated or enforced, and no action shall 
  

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 have been brought, by any Governmental Authority and be pending that, individually or in the aggregate,
is reasonably likely to cause a Material Adverse Effect on the Acquired Business, NCI or the Company; 
  
 (d) Governmental Approvals. All Material Governmental Approvals legally required for the consummation of the transactions
contemplated by the Transaction Documents shall have been obtained; and 
  
 (e) Waiting Period. The waiting period under the HSR Act shall have expired or been terminated. 
  
 Section 7.2 Conditions to the Obligations of RCC. The obligations of RCC with respect to the Reorganization and the actions to be taken by them on
or before the Closing Date are subject to the satisfaction on or before the Closing Date, or the written waiver by RCC under Section 10.3, of (i) all the conditions to the obligations of the Company and RCC which Section 7.1 sets
forth and (ii) all the following conditions: 
  
 (a) Representations and Warranties. Each of the representations and warranties of NCI set forth in this Agreement shall be true and correct in all material respects as of the date of this Agreement (except for any representations or
warranties that are qualified by the concept of materiality, which shall be true and correct in all respects) and (except to the extent such representations and warranties speak expressly as of an earlier date) as of the Closing Date as though made
on and as of the Closing Date; 
  
 (b)
Covenants. NCI shall have performed in all material respects all of its obligations required to be performed by it under this Agreement at or prior to the Closing Date; and 
  
 (c) Delivery of Documents. NCI shall have delivered to RCC an NCI officer’s certificate
respecting the representations and warranties of NCI in this Agreement and compliance with the covenants of NCI in Article 6. 
  
 Section 7.3 Conditions to the Obligations of NCI. The obligations of NCI with respect to actions to be taken by them on or before the Closing Date
are subject to the satisfaction on or before the Closing Date, or the written waiver by NCI under Section 10.3, of (i) all the conditions to the obligations of NCI Section 7.1 sets forth and (ii) all the following conditions:

  
 (a) Representations and Warranties.
Each of the representations and warranties of RCC set forth in this Agreement shall be true and correct in all material respects as of the date of this Agreement (except for any representations or warranties that are qualified by the concept of
materiality, which shall be true and correct in all respects) and (except to the extent such representations and warranties speak expressly as of an earlier date) as of the Closing Date as though made on and as of the Closing Date; provided,
however, that with respect to the satisfaction of this condition as of the Closing Date, the representations and warranties of RCC shall be considered together with updated Company Disclosure Schedules the updates to which (i) reflect only
events, occurrences and developments after the date of this Agreement and (ii) do not, individually or in the aggregate, reflect any Material Adverse Change since the date of this Agreement; 
  

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 (b) Covenants. The Company and RCC shall have performed in all material respects
all of their respective obligations required to be performed by them under this Agreement at or prior to the Closing Date; 
  
 (c) Delivery of Documents. RCC and the Company shall have delivered to NCI: 
  
 (1) an officer’s certificate signed by a Responsible Officer,
respecting the representations and warranties of RCC in this Agreement and compliance with the covenants of RCC and the Company; 
  
 (2) an opinion dated the Closing Date and addressed to NCI from Counsel for the Company and RCC in the form of Exhibit A; 
  
 (3) a certificate of the secretary or any assistant secretary of RCC
respecting, and to which is attached, (a) the Charter Documents of RCC and the Company; (b) the resolutions of the board of directors, managers or members, as the case may be, of RCC and the Company respecting the Transaction Documents and
the transactions this Agreement contemplates; and (c) a certificate respecting the incumbency and true signatures of the Responsible Officers who execute the Transaction Documents on behalf of RCC; 
  
 (4) from RCC, a duly executed certificate to the effect that no withholding
is required under Section 1445 of the Code, with the blanks appropriately filled; 
  
 (5) from each officer and director of the Company, a notice of resignation; 
  
 (6) a certificate, dated as of a recent date not more than three days prior to the Closing Date, duly issued by the appropriate Governmental Authorities
in its Organization Jurisdiction and, in each other jurisdiction Schedule 4.1 lists, showing it to be in good standing and authorized to do business in its Organization Jurisdiction and those other jurisdictions; 
  
 (7) the original stock book and stock ledger, minute books and seal (if any)
of the Company; 
  
 (8) evidence reasonably satisfactory to NCI
that all Indebtedness for borrowed money of the Company has been, or at the Closing will be, repaid in full and that the Company and its Subsidiaries have been fully and unconditionally released from all obligations and liabilities thereunder; and

  
 (9) a competent written opinion from Counsel for the Company
and RCC of non-infringement by RCC and its Affiliates of U.S. Patent No. 6,859,768 B1 (Computer-implemented automated building design and modeling and project cost estimation and scheduling system), which may be based upon prior art.

  

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 ARTICLE 8 
  
 COVENANTS FOLLOWING THE CLOSING 
  
 Section 8.1 Assistance and Cooperation. The parties agree that, after the Closing Date: 
  
 (a) Each party shall assist (and cause their respective
Affiliates to assist) the other party in preparing any Returns which such other party is responsible for preparing and filing; 
  
 (b) The parties shall cooperate fully in preparing for any Tax Audits, or disputes with taxing authorities, relating to any Returns or
Taxes of RCC or any Subsidiary of RCC or the Company or any Subsidiary of the Company; 
  
 (c) The parties shall make available to each other upon written request and to any taxing authority as reasonably requested in writing
all relevant books and records relating to Taxes but only to the minimum extent necessary to enable the other party to prepare Returns or resolve disputes with taxing authorities relating to Returns or Taxes of a party or a party’s Subsidiary.
Any such information shall be kept strictly confidential; 
  
 (d) Each party shall promptly furnish the other party with copies of all relevant correspondence received from any taxing authority in connection with any Tax Audit or information request relating to Taxes for which
such other party may have an indemnification obligation under this Agreement; and 
  
 (e) Except as otherwise provided herein, the party requesting assistance or cooperation shall bear the other party’s out-of-pocket
expenses in complying with such request to the extent that those expenses are attributable to fees and other costs of unaffiliated third-party service providers. 
  
 Section 8.2 Survival. (a) Notwithstanding any investigation at any time made by or on behalf of any party
hereto, the representations and warranties set forth in Articles 3, 4 and 5 and in any certificate delivered in connection herewith with respect to any of those representations and warranties will survive the Closing until April 30, 2007,
whereupon they will terminate and expire, except as follows: (i) the representations and warranties of RCC in Sections 4.18 and 4.19 will survive until the expiration of the applicable statutes of limitations (including all periods of extension
and tolling) and then terminate and expire; (ii) the representations and warranties of RCC in Section 4.11 will survive for a period of seven years from the Closing Date and then terminate and expire. The obligations under
Section 9.2(a)(3) and (4) will survive for a period of seven years from the Closing Date and then terminate and expire. 
  
 (b) The covenants in Article 6 other than Section 6.10 and Section 6.11 will terminate immediately following the Closing.

  
 Section 8.3 Adjustments to Acquisition Consideration.
As soon as practicable and in any event prior to the 90th day after the Closing Date, NCI will cause to be prepared in 
  

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 writing and delivered to RCC (i) the Purchase Date Balance Sheet and (ii) a Post-closing Statement. The
Purchase Date Balance Sheet and the Post-closing Statement will be final and binding on NCI and RCC unless, within 30 days following the delivery of the Post-closing Statement, RCC notifies NCI in writing that RCC does not accept as correct the
Post-closing Statement. If RCC timely delivers that notice respecting the Post-closing Statement, the Independent Accountants will determine the Computed Amounts within 30 days after the delivery to NCI of that notice, and those determinations will
be final and binding on NCI and RCC. If a Negative Working Capital Adjustment is determined with finality under this Section, RCC will, no later than 10 business days after NCI makes a written request therefor, pay that Negative Working Capital
Adjustment in cash to NCI. If a Positive Working Capital Adjustment is determined with finality under this Section, NCI will, no later than 10 business days after that determination, pay to RCC in cash that Positive Working Capital Adjustment.

  
 Section 8.4 Tax Contests. (a) Each of NCI, on the
one hand, and RCC, on the other hand (the “Recipient”), shall notify the chief financial officer or tax director, as the case requires, of the other party in writing within 45 days of receipt by the Recipient of written notice of any
pending or threatened audits, adjustments or assessments (a “Tax Audit”) which are likely to affect the liability for Taxes of such other party. If the Recipient fails to give such prompt notice to the other party it shall not be entitled
to indemnification for any Taxes arising in connection with such Tax Audit if and to the extent that such other party is actually prejudiced by such failure to give notice. 
  
 (b) RCC’s Items. If such Tax Audit relates to any taxable period, or portion thereof, ending on
or before the Closing Date or for any Taxes for which RCC is liable in full hereunder, RCC shall at its expense control the defense and settlement of such Tax Audit. 
  
 (c) NCI’s Items. If such Tax Audit relates to any taxable period, or portion thereof, beginning
on or after the Closing Date or for any Taxes for which NCI is liable in full hereunder, NCI shall at its expense control the defense and settlement of such Tax Audit. 
  
 (d) Combined and Mixed Items. If such Tax Audit relates to Taxes for which both RCC and NCI are
liable hereunder, to the extent practicable such Tax Items will be distinguished and each party will control the defense and settlement of those Taxes for which it is so liable. If such Tax Audit relates to a taxable period, or portion thereof,
beginning before and ending after the Closing Date and any Tax Item cannot be identified as being a liability of only one party or cannot be separated from a Tax Item for which the other party is liable, the party which has the greater potential
liability for those Tax Items that cannot be so attributed or separated (or both) shall control the defense of the Tax Audit, provided that such party defends the items as reported on the relevant Return and provided, further that no
such matter shall be settled without the written consent of both parties, not to be unreasonably withheld. 
  
 (e) Participation Rights. Any party whose liability for Taxes may be affected by a Tax Audit shall be entitled to participate at
its expense in such defense and to employ counsel of its choice at its expense. 
  

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 Section 8.5 Company’s Claiming, Receiving or Using of Refunds and Overpayments. If, after the
Closing, the Company or any Subsidiary of the Company (A) receives any refund or (B) utilizes the benefit of any overpayment of Taxes which, in each case (A) and (B), (x) relates to Taxes paid by RCC with respect to a taxable
period, or portion thereof, ending on or before the Closing Date, or (y) is the subject of indemnification by RCC pursuant to this Agreement, Company shall promptly transfer, or cause to be transferred, to RCC the entire amount of the refund or
overpayment (including interest) resolved or utilized by the Company or any Subsidiary of the Company. The Company agrees to notify RCC within 15 days following the discovery of a right to claim any such refund or overpayment and the receipt of any
such refund or utilization of any such overpayment. The Company agrees to claim any such refund or to utilize any such overpayment as soon as possible and to furnish to RCC all information, records and assistance necessary to verify the amount of
the refund or overpayment. 
  
 Section 8.6 Continued
Existence. Heico agrees that the corporate or limited liability company existence of RCC will be maintained for a period of at least six years following the Closing Date. Heico and RCC further agree that aggregate distributions to shareholders
of RCC during such period will not result in RCC having cash or cash equivalents on hand of less than (i) $20,000,000 minus (ii) (A) all amounts used to defend, investigate, manage, settle, satisfy, resolve or pay any claim related to
exposure of any Person to asbestos or asbestos-containing materials or products containing asbestos or asbestos-containing materials, in any case marketed, manufactured, fabricated, constructed, sold, supplied, produced, installed, maintained,
serviced or used at any time by RCC, the Acquired Business, the Company or any of their predecessors or past or present Subsidiaries or any other Entity for whose products or operations any of said Entities allegedly has liability or is otherwise
liable and (B) any amounts paid pursuant to Section 9.2(a)(5). 
  
 Section 8.7 Pursuit of Claims. RCC agrees to use reasonable efforts to pursue and collect any claim, payment or remedy it may have against any insurance provider in respect of insurance coverage of
asbestos-related matters described in Section 8.6. 
  
 ARTICLE
9 
  
 INDEMNIFICATION 
  
 Section 9.1 In Respect of Representations and Warranties. After a
representation and warranty has terminated and expired as Section 8.2 provides, no indemnification will or may be sought under this Article 9 on the basis of that representation and warranty by any Person who would have been entitled under this
Article 9 to indemnification on the basis of that representation and warranty prior to its termination and expiration; provided, that in the case of each representation and warranty that will terminate and expire as Section 8.2 provides, no
indemnification claim written notice of which is presented prior to its termination and expiration to the Person or Persons from which or whom indemnification is then being or thereafter may be sought under this Article 9 on the basis of that
representation and warranty will be affected in any way by that termination and expiration. 
  
 Section 9.2 Indemnification of Indemnified Parties. (a) Subject to the applicable provisions of this Article 9, RCC and Heico, jointly and severally except with respect to Damages specified in
Section 9.2(a)(5), and RCC alone with respect 
  

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 to Damages specified in Section 9.2(a)(5), covenant and agree to indemnify each NCI Indemnified Party against, and
hold each NCI Indemnified Party harmless from and in respect of, all Damage (a “NCI Indemnified Loss”) that results from: 
  
 (1) any breach of the representations and warranties of RCC set forth in Article 3 or 4; 
  
 (2) any nonfulfillment of any covenant or agreement on the
part of RCC in this Agreement, the Contribution Agreement or the Reorganization Agreement; 
  
 (3) (A) any Taxes imposed on the Company (including any Taxes attributable to RCC as predecessor to the Company) or any Subsidiary
of the Company with respect to any taxable period, or portion thereof, ending on or before the Closing Date, to the extent such Taxes exceed the reserve for such Taxes on the Company’s Purchase Date Balance Sheet and (B) any transfer taxes
for which RCC is liable pursuant to Section 10.4 hereof; 
  
 (4) any Damage resulting from an Environmental Condition with respect to the Assumed Assets; or 
  
 (5) exposure of any Person to asbestos or asbestos-containing materials or products containing asbestos or asbestos-containing materials,
in any case marketed, manufactured, fabricated, constructed, sold, supplied, produced, installed, maintained, serviced, or used at any time by RCC, the Acquired Business, the Company or any of their predecessors or past or present Subsidiaries or
any other Entity for whose products or operations any of the Entities referred to in this clause (iv) allegedly has liability or is otherwise liable, and including any such Third Party Claim (1) for compensatory damages (such as loss of
consortium, wrongful death, survivorship, proximate, consequential, general and special damages) and punitive damages, (2) for reimbursement, indemnification, subrogation and contribution or (3) under any settlement entered into by or on
behalf of any of the Entities referred to in this clause (5). 
  
 (b) Subject to the applicable provisions of Sections 9.1 and 9.4, NCI covenants and agrees to indemnify each RCC Indemnified Party against, and hold each RCC Indemnified Party harmless from and in respect of, all
Damage that results from: 
  
 (1) Any breach of
the representations and warranties of NCI set forth in Article 5; 
  
 (2) Any nonfulfillment of any covenant or agreement on the part of NCI in this Agreement; or 
  
 (3) Any Taxes imposed on the Company or a Subsidiary of the Company with respect to any taxable period, or portion thereof, beginning on
or after the Closing Date. 
  
 Section 9.3 Conditions of
Indemnification. (a) All claims for indemnification under this Agreement shall be asserted and resolved as this Section provides. 
  

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 (b) An Indemnified Party claiming indemnification under this Agreement must promptly
(i) notify (x) RCC and Heico if a NCI Indemnified Party or (y) NCI if a RCC Indemnified Party (the notified party or parties herein referred to as the “Indemnifying Party”) of any Third Party Claim asserted against the
Indemnified Party which could give rise to a right of indemnification under this Agreement and (ii) transmit to the Indemnifying Party a written notice (a “Claim Notice”) describing in reasonable detail the nature of the Third Party
Claim, a copy of all papers served with respect to that claim (if any), an estimate of the amount of damages attributable to that claim to the extent feasible (which estimate will not be conclusive of the final amount of that claim) and the basis
for the Indemnified Party’s request for indemnification under this Agreement. Except as Section 9.1 sets forth, the failure to promptly deliver a Claim Notice will not relieve the Indemnifying Party of its obligations to the Indemnified
Party with respect to the related Third Party Claim except to the extent that the resulting delay is prejudicial to the defense of that claim. Within 15 days after receipt of any Claim Notice (the “Election Period”), the Indemnifying Party
must notify the Indemnified Party whether the Indemnifying Party desires, at the cost and expense of the Indemnifying Party, to defend the Indemnified Party against that Third Party Claim. 
  
 (c) If the Indemnifying Party elects to assume the defense
of the Third Party Claim, then the Indemnifying Party will have the right to defend, at its cost and expense, that Third Party Claim by all appropriate proceedings, which proceedings the Indemnifying Party must prosecute diligently to a final
conclusion or settle at its discretion in accordance with this paragraph (c), and the Indemnified Party will furnish the Indemnifying Party with all information in its possession with respect to that Third Party Claim and otherwise cooperate with
the Indemnifying Party in the defense of that Third Party Claim; provided, however, that the Indemnifying Party will not enter into any settlement with respect to any Third Party Claim that purports to limit the activities of, or otherwise restrict
in any way, any Indemnified Party or any Affiliate of any Indemnified Party without the prior consent of that Indemnified Party. The Indemnified Party may participate in, but not control, any defense or settlement of any Third Party Claim the
Indemnifying Party controls under this paragraph (c) and will bear its own costs and expenses with respect to that participation; provided, however, that if the named parties to any such action (including any impleaded parties) include both the
Indemnifying Party and the Indemnified Party, and the Indemnified Party has been advised by counsel that there may be one or more legal defenses available to it which are different from or additional to those available to the Indemnifying Party,
then the Indemnified Party may employ separate counsel (the expenses of which may be included in Damages), and, on its written notification of that employment, the Indemnifying Party will not have the right to assume or continue the defense of that
action on behalf of the Indemnified Party. The Indemnified Party will not enter into any settlement with respect to a Third Party Claim without the prior consent of the Indemnifying Party. 
  
 (d) If the Indemnifying Party (i) elects not to defend
the Indemnified Party under Section 9.3(c) or fails to notify the Indemnified Party that the Indemnifying Party elects to defend the Indemnified Party under Section 9.3(c) or (ii) elects to defend the Indemnified Party under
Section 9.3(c), but fails diligently to prosecute or settle the Third Party Claim, then the Indemnified Party will have the right to defend the Third Party Claim by all appropriate proceedings, which proceedings the Indemnified Party must
promptly and vigorously prosecute to a final conclusion or settle. The Indemnified Party will have full 
  

 - 41 - 

 control of such defense and proceedings; however, the Indemnified Party will not enter into any
settlement with respect to a Third Party Claim without the prior consent of the Indemnifying Party. The Indemnifying Party may participate in, but not control, any defense or settlement the Indemnified Party controls under this paragraph (d), and
the Indemnifying Party will bear its own costs and expenses with respect to that participation. 
  
 (e) Payments of all amounts owing by an Indemnifying Party under this Article 9 relating to a Third Party Claim will be made within 30
days after the latest of (i) the settlement of that Third Party Claim, (ii) the expiration of the period for appeal of a final adjudication of that Third Party Claim or (iii) the expiration of the period for appeal of a final
adjudication of the Indemnifying Party’s liability to the Indemnified Party under this Agreement in respect of that Third Party Claim. 
  
 (f) Whenever it is necessary to determine the liability for Taxes, or the earnings and profits, of the Company or any Subsidiary the
Company for a portion of a taxable year or period that begins before and ends after the Closing Date, the determination of the Taxes or the earnings and profits for the portion of the year or period ending on, and the portion of the year or period
beginning after, the Closing Date shall be determined by assuming that the taxable year or period ended on and included the Closing Date, except that exemptions, allowances or deductions that are calculated on an annual basis and annual property
taxes shall be prorated on the basis of the number of days in the annual period elapsed through the Closing Date as compared to the number of days in the annual period elapsing after the Closing Date. 
  
 (g) Whenever it is necessary to determine the liability for
Taxes of the Company or a Subsidiary of the Company, such liability shall be computed as if such party or Subsidiary was not a member of RCC’s consolidated, affiliated, combined or unitary group for Tax purposes, on the one hand, or NCI’s
consolidated, affiliated, combined or unitary group for Tax purposes, on the other hand. 
  
 Section 9.4 Limitations on Indemnification. (a) Notwithstanding the provisions of Section 9.2, RCC and Heico will not be required to indemnify or hold harmless any of the NCI Indemnified Parties
unless the liability of RCC and Heico in respect of that NCI Indemnified Loss, when aggregated with the liability of RCC and Heico in respect of the sum of all NCI Indemnified Losses exceeds, and only to the extent the aggregate amount of all NCI
Indemnified Losses does exceed, the Threshold Amount. 
  
 (b) In no event will the aggregate liability of RCC under this Article 9 (other than under Section 9.2(a)(5) regarding asbestos matters) exceed $50,000,000. In no event will the aggregate liability of Heico under this Article 9 exceed
$50,000,000. 
  
 Section 9.5 Other Indemnification
Provisions. 
  
 (a) All indemnification
payments under this Article 9 shall be deemed adjustments to the Acquisition Consideration to the maximum extent permitted by law, and the parties shall treat such payments as such for all Tax purposes. 
  
 (b) The calculation of any Damage will reflect the amount of
any unaffiliated third party insurance proceeds received or to be received by an Indemnified Party 
  

 - 42 - 

 in respect of such Damage within 12 months following any indemnification payment. The calculation of any
Damage will reflect the tax benefit, if any, realized by the Indemnified Party as a result of the circumstances giving rise to the liability for indemnification net of any tax due with respect to the indemnification payment itself. 
  
 Section 9.6 Remedies Exclusive. After the Closing,
indemnification under this Article 9 will be the exclusive remedy of any Indemnified Party for any breach of a representation or warranty in this Agreement and for the matters described in Section 9.2. 
  
 ARTICLE 10 
  
 GENERAL PROVISIONS 
  
 Section 10.1 Treatment of Confidential Information. (a) Each of RCC and Heico acknowledges that it has or may have had in the past, currently
has and in the future may have access to Confidential Information of the Acquired Business, the Company and NCI and its Affiliates. RCC agrees that it will keep confidential all such Confidential Information and, except with the specific prior
written consent of NCI, will not disclose that Confidential Information to any Person except (i) Representatives of NCI and (ii) its own Representatives, provided that those Representatives agree to the confidentiality provisions of this
Section; provided, however, that, for purpose of this paragraph (a), Confidential Information does not include such information as (i) becomes known to the public generally through no fault of RCC or Heico or (ii) is required to be
disclosed by law or the order of any Governmental Authority under color of law, provided, that prior to the disclosure by RCC or Heico of any information under this clause (ii), RCC will give prior written notice to NCI of the circumstances
requiring disclosure and provide NCI with the opportunity to contest that disclosure. 
  
 (b) Because of (i) the difficulty of measuring economic losses as a result of the breach of the foregoing covenants in
Section 10.1(a) and (ii) the immediate and irreparable damage that would be caused to NCI for which it would have no other adequate remedy, each of RCC and Heico agrees that, in the event of a breach or threatened breach by RCC or Heico of
the provisions of this Section with respect to any Confidential Information, NCI will be entitled to an injunction restraining RCC or Heico from disclosing, in whole or in part, that Confidential Information. Nothing herein shall be construed
as prohibiting NCI from pursuing any other available remedy for such breach or threatened breach, including the recovery of damages. 
  
 (c) The obligations of RCC and Heico under this Section will survive the termination of this Agreement. 
  
 Section 10.2 Assignment; No Third Party Beneficiaries. This Agreement
and the rights of the parties hereunder may not be assigned (except by operation of law and except that NCI may assign its rights hereunder to any Subsidiary of NCI) and will be binding on and inure to the benefit of the parties hereto. Neither this
Agreement nor any other Transaction Document is intended, or shall be construed, deemed or interpreted, to confer on any Person not a party hereto or thereto any rights or remedies hereunder or thereunder, except as Article 9 and
Section 7.3(C)(10) provide or as otherwise provided expressly herein or therein. 
  

 - 43 - 

 Section 10.3 Entire Agreement; Amendment; Waivers. This Agreement, the Confidentiality Agreement,
the other Transaction Documents and the documents delivered hereunder and thereunder constitute the entire agreement and understanding among RCC, the Company and NCI and supersede all prior agreements and understandings, both written and oral,
relating to the subject matter of this Agreement. Except as Section 10.10 contemplates, this Agreement may be amended, and any right hereunder may be waived, if, but only if, that amendment or waiver is in writing and signed by RCC and NCI. The
waiver of any of the terms and conditions hereof shall not be construed or interpreted as, or deemed to be, a waiver of any other term or condition hereof. 
  
 Section 10.4 Expenses. Except as Article 9 may otherwise provide, regardless of whether or not the transactions contemplated by the Transaction
Documents are consummated, (i) NCI will pay the fees, expenses and disbursements of NCI and its Representatives in connection with the subject matter of this Agreement; (ii) all sales/use, excise, transfer (including real property excise,
transfer or gains), stamp, documentary, filing, recordation and other similar Taxes, incurred in connection with the Contribution Agreement, the Reorganization Agreement and this Agreement and the transactions contemplated hereby and thereby shall
be borne equally by RCC and NCI, and each party shall file, to the extent required by applicable law, all necessary Returns and other documentation with respect to all such Taxes, and, if required by applicable law, shall cause its Affiliates to
join the execution of any such Returns or other documentation, and any Returns that must be filed in connection with the Taxes described in this Section shall be prepared and filed when due by such party; (iii) RCC will pay the fees, expenses
and disbursement of RCC and its Representatives in connection with the subject matter of this Agreement; and (iv) NCI shall pay all regulatory filing fees, including fees required under the HSR Act incurred in connection with the transactions
contemplated by this Agreement. 
  
 Section 10.5 Notices.
All notices required or permitted hereunder must be in writing and will be deemed to be delivered and received (i) if personally delivered or if delivered by telex, telegram, facsimile or courier service, when actually received by the party to
whom notice is sent or (ii) if deposited with the United States Postal Service (whether actually received or not), at the close of business on the third business day next following the day when placed in the mail, postage prepaid, certified or
registered with return receipt requested, addressed to the appropriate party or parties, at the address of such party or parties set forth below (or at such other address as such party may designate by written notice to all other parties in
accordance herewith): 
  

	 	(1)	if to NCI, addressed to it at: 

  
 NCI 
 10943 North Sam Houston Parkway West

 Houston, Texas 77064 
 Attn.:
General Counsel 
 Fax No.: 281-477-9646 
  

 - 44 - 

 with copies (which will not constitute notice for purposes of this Agreement) to: 
  
 Baker Botts L.L.P. 
 One Shell Plaza 
 Houston, Texas 77002-4995

 Attn: Kelly B. Rose 
 Fax No.:
713-229-7996 
  

	 	(2)	if to the Company or RCC, addressed to it at: 

  
 Heico Companies, LLC 
 70 W. Madison, Ste 5600

 Chicago, IL 60602 
 Fax
No.: 312-419-9417 
 Attn: Chief Executive Officer 
  
 with copies (which will not constitute notice for purposes of this Agreement) to: 
  
 McDermott Will & Emery LLP 
 227 W. Monroe Street 
 Chicago, IL 60606

 Fax No.: 312-984-7700 
 Attn:
Stanley H. Meadows, P.C. 
  
 with copies (which will not
constitute notice for purposes of this Agreement) as provided in clause (ii) above. 
  
 Section 10.6 Governing Law. This Agreement and the rights and obligations of the parties hereto shall be governed by and construed and enforced in accordance with the substantive laws of the State of Delaware
without regard to any conflicts of law provisions thereof that would result in the application of the laws of any other jurisdiction. 
  
 Section 10.7 Exercise of Rights and Remedies. Except as this Agreement otherwise provides, no delay or omission in the exercise of any right, power
or remedy accruing to any party hereto as a result of any breach or default hereunder by any other party hereto will impair any such right, power or remedy, nor will it be construed, deemed or interpreted as a waiver of or acquiescence in any such
breach or default, or of any similar breach or default occurring later; nor will any waiver of any single breach or default be construed, deemed or interpreted as a waiver of any other breach or default hereunder occurring before or after that
waiver. 
  
 Section 10.8 Time. Time is of the essence in
the performance of this Agreement in all respects. 
  
 Section
10.9 Reformation and Severability. If any provision of this Agreement is invalid, illegal or unenforceable, that provision will, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly
retain the intent of the parties hereto as expressed herein, and if such a modification is not possible, that provision will be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of
this Agreement will not in any way be affected or impaired thereby. 
  

 - 45 - 

 Section 10.10 Counterparts. This Agreement may be executed in multiple counterparts, each of which
will be an original, but all of which together will constitute one and the same agreement. 
  
 Section 10.11 Confidentiality Agreement. The Confidentiality Agreement is hereby incorporated herein by reference and shall constitute a part of this Agreement for all purpose and shall remain in full force and
effect following the execution of this Agreement until terminated in accordance with its terms; provided, however, immediately after the Closing Date, the Confidentiality Agreement shall automatically terminate without any further action by any
party thereto. 
  
 ARTICLE 11 
  
 TERMINATION 
  

	Section	11.1 Termination of This Agreement. This Agreement may be terminated at any time prior to the Closing solely: 

  
 (a) by the mutual written consent of NCI and RCC;

  
 (b) by RCC or by NCI if the transactions this
Agreement contemplates will take place at the Closing shall not have been consummated by the Termination Date; 
  
 (c) by NCI if (i) either RCC or the Company shall have failed to perform in any material respect any of its respective covenants and
agreements contained in this Agreement which failure would give rise to the failure of the condition set forth in Section 7.2(b), or (ii) the respective representations and warranties of RCC or the Company contained in this Agreement are
or shall become untrue (without giving affect to any materiality qualification or standard contained in any such representations and warranties) in any respect which untruth would give rise to the failure of the condition set forth in
Section 7.2(a), except, in either case, where the failure to perform or to be true and correct, individually or in the aggregate, would not have a Material Adverse Effect on the Company, the Acquired Business or RCC; provided that NCI shall
have the right to terminate this agreement pursuant to this subsection (c) before the Closing Date only if such failure or untruth is incapable of cure; or 
  

(d) by RCC if (i) NCI shall have failed to perform in any material respect any of its respective covenants and agreements
contained in this Agreement which failure would give rise to the failure of the condition set forth in Section 7.3(b), or (ii) the representations and warranties of NCI contained in this Agreement are or shall become untrue (without giving
effect to any materiality qualification or standard contained in any such representations and warranties) which untruth would give rise to the failure of the condition set forth in Section 7.3(a), except where the failure to perform or to be
true and correct, , individually or in the aggregate, would not have a material adverse effect on the ability of NCI to perform its obligations hereunder; provided that the right of RCC to terminate this agreement pursuant to this
subsection (d) shall not be available unless such failure or untruth is incapable of cure. 
  

 - 46 - 

 Section 11.2 Liabilities in Event of Termination. If this Agreement is terminated under
Section 11.1, there shall be no liability or obligation on the part of any party hereto except (i) as Section 10.4 provides and (ii) to the extent that such liability is based on the breach by that party of any of its covenants
this Agreement sets forth. Nothing in this Article 11 will release NCI or RCC from liability for any breach of this Agreement prior to its termination. 
  
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written. 
  

			
	 NCI BUILDING SYSTEMS, INC.

		
	By:	 	 /s/ A. R. Ginn Jr.

	 	 	Name: A. R. Ginn Jr.
	 	 	Title: Chairman/CEO
	
	ROBERTSON-CECO CORPORATION
		
	By:	 	 /s/ Stan Meadows

	 	 	Name: Stan Meadows
	 	 	Title: Secretary
	
	THE HEICO COMPANIES, L.L.C.
		
	By:	 	 /s/ Stan Meadows

	 	 	Name: Stan Meadows
	 	 	Title: Assistant Secretary

  

 - 47 -2005 Deferred Compensation Plan

 Exhibit 10.6 
  
 COMCAST CORPORATION 
 2005 DEFERRED COMPENSATION PLAN 
  
 ARTICLE 1 – BACKGROUND AND COVERAGE OF PLAN 
  
 1.1. Background and Adoption of Plan. In recognition of the services provided by certain key employees and in order to make additional retirement benefits and increased financial security available on a tax-favored basis to those
individuals, the Board of Directors of Comcast Corporation, a Pennsylvania corporation (the “Board”), hereby amends and restates the Comcast Corporation 2005 Deferred Compensation Plan (the “Plan”), on December 14, 2005
Pursuant to the AJCA (as defined below), including IRS Notice 2005-1 and Proposed Treasury Regulations issued pursuant to section 409A of the Code, the rules of the Plan as amended and restated generally apply as of January 1, 2005,
except as otherwise specifically stated. 
  
 Prior to the
Effective Date, the Comcast Corporation 2002 Deferred Compensation Plan (the “Prior Plan”) was in effect. In order to preserve the favorable tax treatment available to deferrals under the Prior Plan in light of the American Jobs Creation
Act of 2004 and the regulations issued by the Department of the Treasury thereunder (the “AJCA”), the Board has prohibited future deferrals under the Prior Plan of amounts earned and vested on and after the Effective Date. Amounts
earned and vested prior to the Effective Date are and will remain subject to the terms of the Prior Plan. Amounts earned and vested on and after the Effective Date will be available to be deferred pursuant to the Plan, subject to its terms and
conditions. 
  
 1.2. Reservation of Right to Amend to Comply
with AJCA. The Board reserves the right to amend the Plan, either retroactively or prospectively, in whatever respect is required to achieve and maintain compliance with the requirements of the AJCA. 
  
 1.3. Plan Unfunded and Limited to Outside Directors and Select Group of
Management or Highly Compensated Employees. The Plan is unfunded and is maintained primarily for the purpose of providing outside directors and a select group of management or highly compensated employees the opportunity to defer the receipt of
compensation otherwise payable to such outside directors and eligible employees in accordance with the terms of the Plan. 
  
 ARTICLE 2 - DEFINITIONS 
  
 2.1. “Account” means the bookkeeping accounts established pursuant to Section 5.1 and maintained by the Administrator in the names
of the respective Participants, to which all amounts deferred and earnings allocated under the Plan shall be credited, and from which all amounts distributed pursuant to the Plan shall be debited. 
  
 2.2. “Active Participant” means: 
  
 (a) Each Participant who is in active service as an Outside Director; and

  
 (b) Each Participant who is actively employed by a
Participating Company as an Eligible Employee. 

 2.3. “Administrator” means the Committee. 
  
 2.4. “Affiliate” means, with respect to any Person, any
other Person that, directly or indirectly, is in control of, is controlled by, or is under common control with, such Person. For purposes of this definition, the term “control,” including its correlative terms “controlled by” and
“under common control with,” mean, with respect to any Person, the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting
securities, by contract or otherwise. 
  
 2.5. “Annual
Rate of Pay” means, as of any date, an employee’s annualized base pay rate. An employee’s Annual Rate of Pay shall not include sales commissions or other similar payments or awards. 
  
 2.6. “Applicable Interest Rate” means: 
  
 (a) Except as otherwise provided in Sections 2.6(b), the Applicable
Interest Rate means the interest rate that, when compounded daily pursuant to rules established by the Administrator from time to time, is mathematically equivalent to 12% per annum, compounded annually. 
  
 (b) Except to the extent otherwise required by Section 10.2, effective
for the period beginning as soon as administratively practicable following a Participant’s employment termination date to the date the Participant’s Account is distributed in full, the Administrator, in its sole discretion, may designate
the term “Applicable Interest Rate” for such Participant’s Account to mean the lesser of (i) the rate in effect under Section 2.6(a) or (ii) the Prime Rate plus one percent. Notwithstanding the foregoing, the
Administrator may delegate its authority to determine the Applicable Interest Rate under this Section 2.6(b) to an officer of the Company or committee of two or more officers of the Company. 
  
 2.7. “Beneficiary” means such person or persons or legal
entity or entities, including, but not limited to, an organization exempt from federal income tax under section 501(c)(3) of the Code, designated by a Participant or Beneficiary to receive benefits pursuant to the terms of the Plan after such
Participant’s or Beneficiary’s death. If no Beneficiary is designated by the Participant or Beneficiary, or if no Beneficiary survives the Participant or Beneficiary (as the case may be), the Participant’s Beneficiary shall be the
Participant’s Surviving Spouse if the Participant has a Surviving Spouse and otherwise the Participant’s estate, and the Beneficiary of a Beneficiary shall be the Beneficiary’s Surviving Spouse if the Beneficiary has a Surviving
Spouse and otherwise the Beneficiary’s estate. 
  
 2.8.
“Board” means the Board of Directors of the Company. 
  
 2.9. “Change of Control” means any transaction or series of transactions that constitutes: 
  
 (a) a change in the ownership of the Company, within the meaning of Q&A 12 of IRS Notice 2005-1; 
  

 -2- 

 (b) a change in effective control of the Company, within the meaning of Q&A 13 of IRS Notice
2005-1; or 
  
 (c) a change in the ownership of a substantial
portion of the assets of the Company, within the meaning of Q&A 14 of IRS Notice 2005-1. 
  
 2.10. “Code” means the Internal Revenue Code of 1986, as amended. 
  
 2.11. “Committee” means the Compensation Committee of the Board of Directors of the Company. 
  
 2.12. “Company” means Comcast Corporation, a Pennsylvania
corporation, including any successor thereto by merger, consolidation, acquisition of all or substantially all the assets thereof, or otherwise. 
  
 2.13. “Company Stock” means with respect to amounts credited to the Company Stock Fund pursuant to deferral elections by Outside
Directors made pursuant to Section 3.1(a), Comcast Corporation Class A Common Stock, par value $0.01, including a fractional share, and such other securities issued by Comcast Corporation as may be subject to adjustment in the event that
shares of either class of Company Stock are changed into, or exchanged for, a different number or kind of shares of stock or other securities of the Company, whether through merger, consolidation, reorganization, recapitalization, stock dividend,
stock split-up or other substitution of securities of the Company. In such event, the Committee shall make appropriate equitable anti-dilution adjustments to the number and class of hypothetical shares of Company Stock credited to Participants’
Accounts under the Company Stock Fund. Any reference to the term “Company Stock” in the Plan shall be a reference to the appropriate number and class of shares of stock as adjusted pursuant to this Section 2.13. The Committee’s
adjustment shall be effective and binding for all purposes of the Plan. 
  
 2.14. “Company Stock Fund” means a hypothetical investment fund pursuant to which income, gains and losses are credited to a Participant’s Account as if the Account, to the extent deemed invested in the Company Stock
Fund, were invested in hypothetical shares of Company Stock, and all dividends and other distributions paid with respect to Company Stock were held uninvested in cash, and reinvested in additional hypothetical shares of Company Stock as of the next
succeeding December 31, based on the Fair Market Value of the Company Stock for such December 31. 
  
 2.15. “Compensation” means: 
  
 (a) In the case of an Outside Director, the total remuneration payable in cash or payable in Company Stock (as elected by the Outside Director pursuant
to the Comcast Corporation 2003 Director Compensation Plan) for services as a member of the Board and as a member of any Committee of the Board; and 
  
 (b) In the case of an Eligible Employee, the total cash remuneration for services payable by a Participating Company, excluding (i) Severance Pay
and (ii) sales commissions or other similar payments or awards. 
  

 -3- 

 2.16. “Death Tax Clearance Date” means the date upon which a Deceased Participant’s
or a deceased Beneficiary’s Personal Representative certifies to the Administrator that (i) such Deceased Participant’s or deceased Beneficiary’s Death Taxes have been finally determined, (ii) all of such Deceased
Participant’s or deceased Beneficiary’s Death Taxes apportioned against the Deceased Participant’s or deceased Beneficiary’s Account have been paid in full and (iii) all potential liability for Death Taxes with respect to
the Deceased Participant’s or deceased Beneficiary’s Account has been satisfied. 
  
 2.17. “Death Taxes” means any and all estate, inheritance, generation-skipping transfer, and other death taxes as well as any interest and penalties thereon imposed by any governmental entity (a
“taxing authority”) as a result of the death of the Participant or the Participant’s Beneficiary. 
  
 2.18. “Deceased Participant” means a Participant whose employment, or, in the case of a Participant who was an Outside Director, a
Participant whose service as an Outside Director, is terminated by death. 
  
 2.19. “Disability” means: 
  
 (a) an individual’s inability to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to
last for a continuous period of not less than 12 months; or 
  
 (b) circumstances under which, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, an individual is
receiving income replacement benefits for a period of not less than three months under an accident or health plan covering employees of the individual’s employer. 
  
 2.20. “Disabled Participant” means: 
  
 (a) A Participant whose employment or, in the case of a Participant who is an Outside Director, a Participant whose service
as an Outside Director, is terminated by reason of Disability; 
  
 (b) The duly-appointed legal guardian of an individual described in Section 2.20(a) acting on behalf of such individual. 
  
 2.21. “Eligible Employee” means: 
  
 (a) Each Grandfathered Employee. 
  
 (b) Each employee of a Participating Company whose Annual Rate of Pay is $200,000 or more as of both (i) the date on which an Initial Election is
filed with the Administrator and (ii) the first day of the calendar year in which such Initial Election is filed. 
  
 (c) Each New Key Employee. 
  

 -4- 

 (d) Each other employee of a Participating Company who is designated by the Committee, in its
discretion, as an Eligible Employee. 
  
 2.22. “Fair
Market Value” 
  
 (a) If shares of Company Stock are
listed on a stock exchange, Fair Market Value shall be determined based on the last reported sale price of a share on the principal exchange on which shares are listed on the date of determination, or if such date is not a trading day, the next
trading date. 
  
 (b) If shares of Company Stock are not so
listed, but trades of shares are reported on the Nasdaq National Market, Fair Market Value shall be determined based on the last quoted sale price of a share on the Nasdaq National Market on the date of determination, or if such date is not a
trading day, the next trading date. 
  
 (c) If shares of Company
Stock are not so listed nor trades of shares so reported, Fair Market Value shall be determined by the Committee in good faith. 
  
 2.23. “Grandfathered Employee” means: 
  
 (a) Each employee of a Participating Company who, as of December 31, 1989, was eligible to participate in the Prior Plan and who has been in
continuous service to the Company or an Affiliate since December 31, 1989. 
  
 (b) Each employee of a Participating Company who was, at any time before January 1, 1995, eligible to participate in the Comcast Corporation Deferred Compensation Plan and whose Annual Rate of Pay is $90,000 or
more as of both (i) the date on which an Initial Election is filed with the Administrator and (ii) the first day of each calendar year beginning after December 31, 1994. 
  
 (c) Each individual who was an employee of an entity that was a Participating Company in the Prior Plan as of June 30,
2002 and who has an Annual Rate of Pay of $125,000 as of each of (i) June 30, 2002; (ii) the date on which an Initial Election is filed with the Administrator and (iii) the first day of each calendar year beginning after
December 31, 2002. 
  
 (d) Each employee of a Participating
Company who (i) as of December 31, 2002, was an “Eligible Employee” within the meaning of Section 2.34 of the AT&T Broadband Deferred Compensation Plan (as amended and restated, effective November 18, 2002) with
respect to whom an account was maintained, and (ii) for the period beginning on December 31, 2002 and extending through any date of determination, has been actively and continuously in service to the Company or an Affiliate. 
  
 2.24. “Hardship” means a Participant’s severe financial
hardship due to an unforeseeable emergency resulting from a sudden and unexpected illness or accident of the Participant, or, a sudden and unexpected illness or accident of a dependent (as defined by section 152(a) of the Code) of the Participant,
or loss of the Participant’s property due to casualty, or other similar and extraordinary unforeseeable circumstances arising as a result of events beyond 

  

 -5- 

 
the control of the Participant. A need to send the Participant’s child to college or a desire to purchase a home is not an unforeseeable emergency. No
Hardship shall be deemed to exist to the extent that the financial hardship is or may be relieved (a) through reimbursement or compensation by insurance or otherwise, (b) by borrowing from commercial sources on reasonable commercial terms
to the extent that this borrowing would not itself cause a severe financial hardship, (c) by cessation of deferrals under the Plan, or (d) by liquidation of the Participant’s other assets (including assets of the Participant’s
spouse and minor children that are reasonably available to the Participant) to the extent that this liquidation would not itself cause severe financial hardship. For the purposes of the preceding sentence, the Participant’s resources shall be
deemed to include those assets of his spouse and minor children that are reasonably available to the Participant; however, property held for the Participant’s child under an irrevocable trust or under a Uniform Gifts to Minors Act
custodianship or Uniform Transfers to Minors Act custodianship shall not be treated as a resource of the Participant. The Board shall determine whether the circumstances of the Participant constitute an unforeseeable emergency and thus a
Hardship within the meaning of this Section. Following a uniform procedure, the Board’s determination shall consider any facts or conditions deemed necessary or advisable by the Board, and the Participant shall be required to submit any
evidence of the Participant’s circumstances that the Board requires. The determination as to whether the Participant’s circumstances are a case of Hardship shall be based on the facts of each case; provided however, that all determinations
as to Hardship shall be uniformly and consistently made according to the provisions of this Section for all Participants in similar circumstances. 
  
 2.25. “Inactive Participant” means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who
is not in active service as an Outside Director and is not actively employed by a Participating Company. 
  
 2.26. “Income Fund” means a hypothetical investment fund pursuant to which income, gains and losses are credited to a Participant’s
Account as if the Account, to the extent deemed invested in the Income Fund, were credited with interest at the Applicable Interest Rate. 
  
 2.27. “Initial Election” means a written election on a form provided by the Administrator, filed with the Administrator in accordance
with Article 3, pursuant to which an Outside Director or an Eligible Employee may: 
  
 (a) Elect to defer all or any portion of the Compensation payable for the performance of services as an Outside Director or as an Eligible Employee following the time that such election is filed; and 
  
 (b) Designate the time of payment of the amount of deferred Compensation to
which the Initial Election relates. 
  
 2.28. “New Key
Employee” means each employee of a Participating Company: 
  
 (a) who becomes an employee of a Participating Company and has an Annual Rate of Pay of $200,000 or more as of his employment commencement date, or 
  

 -6- 

 (b) who has an Annual Rate of Pay that is increased to $200,000 or more and who, immediately preceding
such increase, was not an Eligible Employee. 
  
 2.29.
“Normal Retirement” means: 
  
 (a) For a
Participant who is an employee of a Participating Company immediately preceding his termination of employment, a termination of employment that is treated by the Participating Company as a retirement under its employment policies and practices as in
effect from time to time; and 
  
 (b) For a Participant who is an
Outside Director immediately preceding his termination of service, his normal retirement from the Board. 
  
 2.30. “Outside Director” means a member of the Board, who is not an employee of a Participating Company. 
  
 2.31. “Participant” means each individual who has made an
Initial Election, or for whom an Account is established pursuant to Section 5.1, and who has an undistributed amount credited to an Account under the Plan, including an Active Participant, a Deceased Participant and an Inactive Participant.

  
 2.32. “Participating Company” means: 
  
 (a) Effective as of January 1, 2006: 
  
 (i) the Company; 
  
 (ii) Comcast Business Communications, Inc.; 
  
 (iii) Comcast Cable Communications Holdings, Inc. and its subsidiaries;

  
 (iv) Comcast Cable Communications, LLC, and its subsidiaries;

  
 (v) Comcast Capital Corporation; 
  
 (vi) Comcast Holdings Corporation; 
  
 (vii) Comcast International Holdings, Inc.; 
  
 (viii) Comcast Shared Services Corporation (“CSSC”), to the extent
individual employees of CSSC or groups of CSSC employees, categorized by their secondment, are designated as eligible to participate by the Committee or its delegate; 
  
 (ix) Comcast Sports Management Services, LLC; 
  
 (x) Comcast SportsNet Mid-Atlantic GP, LLC and its subsidiaries; and 
  
 (xi) Any other entities that are subsidiaries of the Company as designated
by the Committee or its delegate. 
  

 -7- 

 (b) Effective before January 1, 2006: 
  
 (i) The Company; 
  
 (ii) Comcast Business Communications, Inc.; 
  
 (iii) Comcast Cable Communications, LLC, and its subsidiaries; 

 
 (iv) Comcast Cable Communications Holdings, Inc. and its subsidiaries;

  
 (v) Comcast Holdings Corporation; 
  
 (vi) Comcast International Holdings, Inc.; 
  
 (vii) Comcast Online Communications, Inc.; 
  
 (viii) Comcast Shared Services Corporation (“CSSC”), to the extent
individual employees of CSSC or groups of CSSC employees, categorized by their secondment, are designated as eligible to participate by the Committee or its delegate; 
  
 (ix) Comcast Sports Management Services, LLC; and 
  
 (x) Home Team Sports Limited Partnership. 
  
 2.33. “Performance-Based Compensation” means “performance-based compensation” within the meaning
of Q&A 22 of IRS Notice 2005-1, or such other guidance as may be issued by the Department of the Treasury under section 409A of the Code. 
  
 2.34. “Performance Period” means a period of at least 12 months during which a Participant may earn Performance-Based Compensation.

  
 2.35. “Person” means an individual, a
corporation, a partnership, an association, a trust or any other entity or organization. 
  
 2.36. “Plan” means the Comcast Corporation 2005 Deferred Compensation Plan, as set forth herein, and as amended from time to time. 
  
 2.37. “Prime Rate” means, for any calendar year, the interest rate that, when compounded daily pursuant to
rules established by the Administrator from time to time, is mathematically equivalent to the prime rate of interest (compounded annually) as published in the Eastern Edition of The Wall Street Journal on the last business day preceding the
first day of such calendar year, and as adjusted as of the last business day preceding the first day of each calendar year beginning thereafter. 
  

 -8- 

 2.38. “Prior Plan” means the Comcast Corporation 2002 Deferred Compensation Plan.

  
 2.39. “Retired Participant” means a
Participant who has terminated service pursuant to a Normal Retirement. 
  
 2.40. “Severance Pay” means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an
employee (or former employee) is required to report for work for a Participating Company. 
  
 2.41. “Subsequent Election” means a written election on a form provided by the Administrator, filed with the Administrator in accordance with Article 3, pursuant to which a Participant or Beneficiary
may elect to defer the time of payment of amounts previously deferred in accordance with the terms of a previously made Initial Election or Subsequent Election. 
  

2.42. “Surviving Spouse” means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as
applicable). 
  
 2.43. “Third Party” means any
Person, together with such Person’s Affiliates, provided that the term “Third Party” shall not include the Company or an Affiliate of the Company. 
  
 ARTICLE 3 - INITIAL AND SUBSEQUENT ELECTIONS 
  
 3.1. Elections. 
  
 (a) Initial Elections. Each Outside Director and Eligible Employee shall have the right to defer all or any portion of the Compensation that he
would otherwise be entitled to receive for a calendar year (net of applicable withholdings) by filing an Initial Election at the time and in the manner described in this Article 3. The Compensation of such Outside Director or Eligible Employee for a
calendar year shall be reduced in an amount equal to the portion of the Compensation deferred by such Outside Director or Eligible Employee for such calendar year pursuant to such Outside Director’s or Eligible Employee’s Initial Election.
Such reduction shall be effected on a pro rata basis from each periodic installment payment of such Outside Director’s or Eligible Employee’s Compensation for the calendar year (in accordance with the general pay practices of the
Participating Company), and credited, as a bookkeeping entry, to such Outside Director’s or Eligible Employee’s Account in accordance with Section 5.1. Amounts credited to the Accounts of Outside Directors in the form of Company Stock
shall be credited to the Company Stock Fund and credited with income, gains and losses in accordance with Section 5.2(c). 
  
 (b) Subsequent Elections. Each Participant or Beneficiary shall have the right to elect to defer the time of payment or to change the manner of
payment of amounts previously deferred in accordance with the terms of a previously made Initial Election pursuant to the terms of the Plan by filing a Subsequent Election at the time, to the extent, and in the manner described in this Article 3.

  

 -9- 

 (c) Special Transition Rules. 
  
 (i) Pursuant to Q-A 20 of IRS Notice 2005-1, to the extent provided by the Committee or its delegate, a Participant
may, on or before December 31, 2005, terminate the deferral of Compensation pursuant to an Initial Election or cancel an Initial Election with regard to amounts deferred under the Plan, provided that if a Participant terminates the deferral of
Compensation pursuant to an Initial Election under this Section 3.1(c), the Company shall pay the Participant the Compensation that would have been deferred if the deferral of Compensation had not been terminated, and provided further that if a
Participant cancels an Initial Election with regard to amounts deferred under the Plan, the Company shall pay the Participant the amount deferred pursuant to such Initial Election through the cancellation date, without adjustment for income, gains
and losses credited under Section 5.2. 
  
 (ii) Amounts
identified by the Company as “Retainer Compensation” for Outside Directors earned for the period extending from October 1, 2005 through December 31, 2005 shall be credited to such Outside Directors’ Accounts on the same
basis as reflected in their Initial Election for Retainer Compensation earned for the period extending from January 1, 2005 through September 30, 2005, provided that, pursuant to Q-A 19(c) of IRS Notice 2005-1, an Outside Director
may, on or before December 31, 2005, with respect to such portion of his or her account attributable to Retainer Compensation earned during the period extending from October 1, 2005 through December 31, 2005, make new payment
elections as to the form and timing of payment of such amounts as may be permitted under the Plan (including, but not limited to payment in a lump sum during the first calendar quarter of 2006). 
  
 3.2. Filing of Initial Election: General. An Initial Election shall be
made on the form provided by the Administrator for this purpose. Except as provided in Section 3.3, no such Initial Election shall be effective with respect to Compensation other than Performance-Based Compensation unless it is filed with the
Administrator on or before December 31 of the calendar year preceding the calendar year to which the Initial Election applies, provided that pursuant to Q-A 21 of IRS Notice 2005-1, to the extent provided by the Committee or its
delegate, a Participant may, on or before March 15, 2005, make an Initial Election with respect to Compensation that relates in full or in part to services provided on or before December 31, 2005, provided further that the amounts to which
the Initial Election relates have not been paid or become payable at the time the Initial Election is filed. No such Initial Election shall be effective with respect to Performance-Based Compensation unless it is filed with the Administrator at
least six months before the end of the Performance Period during which such Performance-Based Compensation may be earned. 
  
 3.3. Filing of Initial Election by New Key Employees and New Outside Directors. 
  
 (a) New Key Employees. Notwithstanding Section 3.1 and Section 3.2, a New Key Employee may elect to defer
(i) all or any portion of the base salary portion of his Compensation that he would otherwise be entitled to receive based on services performed in the calendar year in which the New Key Employee was hired or promoted, beginning with the
payroll period next following the filing of an Initial Election with the Administrator and before 

  

 -10- 

 
the close of such calendar year, and (ii) all or any portion of the Performance-Based Compensation that he would otherwise be entitled to receive based
on services performed for Performance Periods that include the calendar year in which the New Key Employee was hired or promoted and after the filing of the Initial Election, by making and filing the Initial Election with the Administrator within 30
days of such New Key Employee’s date of hire or within 30 days of the date such New Key Employee first becomes eligible to participate in the Plan. Any Initial Election by such New Key Employee for succeeding calendar years shall be made in
accordance with Section 3.1 and Section 3.2. 
  
 (b)
New Outside Directors. Notwithstanding Section 3.1 and Section 3.2, an Outside Director may elect to defer all or any portion of his Compensation that he would otherwise be entitled to receive in the calendar year in which an
Outside Director’s election as a member of the Board becomes effective (provided that such Outside Director is not a member of the Board immediately preceding such effective date), beginning with Compensation payable following the filing of an
Initial Election with the Administrator and before the close of such calendar year by making and filing the Initial Election with the Administrator within 30 days of the effective date of such Outside Director’s election. Any Initial Election
by such Outside Director for succeeding calendar years shall be made in accordance with Section 3.1 and Section 3.2 
  
 3.4. Calendar Years to which Initial Election May Apply. A separate Initial Election may be made for each calendar year as to which an Outside
Director or Eligible Employee desires to defer all or any portion of such Outside Director’s or Eligible Employee’s Compensation. The failure of an Outside Director or Eligible Employee to make an Initial Election for any calendar year
shall not affect such Outside Director’s or Eligible Employee’s right to make an Initial Election for any other calendar year. 
  
 (a) Initial Election of Distribution Date. Each Outside Director or Eligible Employee shall, contemporaneously with an Initial Election, also
elect the time of payment of the amount of the deferred Compensation to which such Initial Election relates; provided, however, that, subject to acceleration (to the extent permitted under the AJCA) pursuant to Section 3.5(e), Section 3.7,
Section 7.1, Section 7.2, or Article 8, no distribution may commence earlier than January 2nd of the second calendar year beginning after the date the compensation subject to the Initial Election would be paid but for the Initial
Election, nor later than January 2nd of the tenth calendar year beginning after the date the date the compensation subject to the Initial Election would be paid but for the Initial Election. Further, each Outside Director or Eligible Employee
may select with each Initial Election the manner of distribution in accordance with Article 4. 
  
 3.5. Subsequent Elections and Elections to Accelerate Payment on Death or Disability. No Subsequent Election shall be effective until 12 months after the date on which such Subsequent Election is made.

  
 (a) Active Participants. Each Active Participant, who
has made an Initial Election, or who has made a Subsequent Election, may elect to defer the time of payment of any part or all of such Participant’s Account for a minimum of five and a maximum of ten additional years from the previously-elected
payment date, by filing a Subsequent Election with the 

  

 -11- 

 
Administrator at least 12 months before the lump-sum distribution or initial installment payment would otherwise be made. The number of Subsequent Elections
under this Section 3.5(a) shall not be limited. 
  
 (b)
Inactive Participants. The Committee may, in its sole and absolute discretion, permit an Inactive Participant to make a Subsequent Election defer the time of payment of any part or all of such Inactive Participant’s Account for a minimum
of five years and a maximum of ten additional years from the previously-elected payment date, by filing a Subsequent Election with the Administrator at least 12 months before the lump-sum distribution or initial installment payment would otherwise
be made. The number of Subsequent Elections under this Section 3.5(b) shall be determined by the Committee in its sole and absolute discretion. 
  
 (c) Surviving Spouses. 
  
 (i) Acceleration Election. To the extent permitted under the AJCA (except to the extent that Section 3.7(b) applies), a Surviving Spouse who
is a Deceased Participant’s Beneficiary may elect to accelerate the time of payment of the Deceased Participant’s Account from the date payment would otherwise be made to a time that is as soon as reasonably practicable following the
Deceased Participant’s date of death. 
  
 (ii) Subsequent
Election. A Surviving Spouse who is a Deceased Participant’s Beneficiary may elect to defer the time of payment of any part or all of such Deceased Participant’s Account the payment of which would be made more than 12 months after the
date of such election. Such election shall be made by filing a Subsequent Election with the Administrator in which the Surviving Spouse shall specify the change in the time of payment, which shall be no less than five (5) years nor more than
ten (10) years from the previously-elected payment date, or such Surviving Spouse may elect to defer payment until such Surviving Spouse’s death. A Surviving Spouse may make a total of two (2) Subsequent Elections under this
Section 3.5(c)(ii), with respect to all or any part of the Deceased Participant’s Account. Subsequent Elections pursuant to this Section 3.5(c)(ii) may specify different changes with respect to different parts of the Deceased
Participant’s Account. 
  
 (d) Beneficiary of a Deceased
Participant Other Than a Surviving Spouse. 
  
 (i)
Acceleration Election. To the extent permitted under the AJCA (except to the extent that Section 3.7(b) applies), a Beneficiary of a Deceased Participant other than a Surviving Spouse may elect to accelerate the time of payment of the
Deceased Participant’s Account from the date payment would otherwise be made to a time that is as soon as reasonably practicable following the Deceased Participant’s date of death. 
  
 (ii) Subsequent Election. A Beneficiary of a Deceased Participant
other than a Surviving Spouse may elect to defer the time of payment, of any part or all of such Deceased Participant’s Account the payment of which would be made more than 12 months after the date of such election. Such election shall be made
by filing a Subsequent Election with the Administrator in which the Beneficiary shall specify the deferral of the time of payment, which shall be no less than five (5) years nor more than ten (10) years from the 

  

 -12- 

 
previously-elected payment date. A Beneficiary may make one (1) Subsequent Election under this Section 3.5(d)(i), with respect to all or any part
of the Deceased Participant’s Account. Subsequent Elections pursuant to this Section 3.5(d)(i) may specify different changes with respect to different parts of the Deceased Participant’s Account. 
  
 (e) Disabled Participant. To the extent permitted under the AJCA, a
Disabled Participant may elect to accelerate the time of payment of the Disabled Participant’s Account from the date payment would otherwise be made to a time that is as soon as reasonably practicable following the time the Disability occurred.

  
 (f) Retired Participants and Disabled Participants.
The Committee may, in its sole and absolute discretion, permit a Retired Participant or a Disabled Participant to make a Subsequent Election to defer the time of payment of any part or all of such Retired or Disabled Participant’s Account that
would not otherwise become payable within twelve (12) months of such Subsequent Election for a minimum of five (5) years and a maximum of ten (10) additional years from the previously-elected payment date, by filing a Subsequent
Election with the Administrator on or before the close of business on the date that is at least twelve (12) months before the date on which the lump-sum distribution or initial installment payment would otherwise be made. The number of
Subsequent Elections under this Section 3.5(f) shall be determined by the Committee in its sole and absolute discretion. 
  
 (g) Most Recently Filed Initial Election or Subsequent Election Controlling. Subject to acceleration pursuant to Section 3.5(e),
Section 3.7 or Section 7.1 (to the extent permitted under the AJCA), no distribution of the amounts deferred by a Participant for any calendar year shall be made before the payment date designated by the Participant or Beneficiary on the
most recently filed Initial Election or Subsequent Election with respect to each deferred amount. 
  
 3.6. Discretion to Provide for Distribution in Full Upon or Following a Change of Control. To the extent permitted by IRS Notice 2005-1, in
connection with a Change of Control, and for the 12-month period following a Change of Control, the Committee may exercise its discretion to terminate the Plan and, notwithstanding any other provision of the Plan or the terms of any Initial Election
or Subsequent Election, distribute the Account balance of each Participant in full and thereby effect the revocation of any outstanding Initial Elections or Subsequent Elections. 
  
 3.7. Withholding and Payment of Death Taxes. 
  
 (a) Notwithstanding any other provisions of this Plan to the contrary, including but not limited to the provisions of
Article 3 and Article 7, or any Initial or Subsequent Election filed by a Deceased Participant or a Deceased Participant’s Beneficiary (for purposes of this Section, the “Decedent”), and to the extent permitted by IRS Notice
2005-1, the Administrator shall apply the terms of Section 3.7(b) to the Decedent’s Account unless the Decedent affirmatively has elected, in writing, filed with the Administrator, to waive the application of Section 3.7(b).

  

 -13- 

 (b) Unless the Decedent affirmatively has elected, pursuant to Section 3.7(a), that the terms of
this Section 3.7(b) not apply, but only to the extent permitted under the AJCA: 
  
 (i) The Administrator shall prohibit the Decedent’s Beneficiary from taking any action under any of the provisions of the Plan with regard to the Decedent’s Account other than the Beneficiary’s making
of a Subsequent Election pursuant to Section 3.5; 
  
 (ii)
The Administrator shall defer payment of the Decedent’s Account until the later of the Death Tax Clearance Date and the payment date designated in the Decedent’s Initial Election or Subsequent Election; 
  
 (iii) The Administrator shall withdraw from the Decedent’s Account such
amount or amounts as the Decedent’s Personal Representative shall certify to the Administrator as being necessary to pay the Death Taxes apportioned against the Decedent’s Account; the Administrator shall remit the amounts so withdrawn to
the Personal Representative, who shall apply the same to the payment of the Decedent’s Death Taxes, or the Administrator may pay such amounts directly to any taxing authority as payment on account of Decedent’s Death Taxes, as the
Administrator elects; 
  
 (iv) If the Administrator makes a
withdrawal from the Decedent’s Account to pay the Decedent’s Death Taxes and such withdrawal causes the recognition of income to the Beneficiary, the Administrator shall pay to the Beneficiary from the Decedent’s Account, within
thirty (30) days of the Beneficiary’s request, the amount necessary to enable the Beneficiary to pay the Beneficiary’s income tax liability resulting from such recognition of income; additionally, the Administrator shall pay to the
Beneficiary from the Decedent’s Account, within thirty (30) days of the Beneficiary’s request, such additional amounts as are required to enable the Beneficiary to pay the Beneficiary’s income tax liability attributable to the
Beneficiary’s recognition of income resulting from a distribution from the Decedent’s Account pursuant to this Section 3.7(b)(iv); 
  
 (v) Amounts withdrawn from the Decedent’s Account by the Administrator pursuant to Sections 3.7(b)(iii) and 3.7(b)(iv) shall be withdrawn from the
portions of Decedent’s Account having the earliest distribution dates as specified in Decedent’s Initial Election or Subsequent Election; and 
  
 (vi) Within a reasonable time after the later to occur of the Death Tax Clearance Date and the payment date designated in the Decedent’s Initial
Election or Subsequent Election, the Administrator shall pay the Decedent’s Account to the Beneficiary. 
  
 3.8. Company Credits. In addition to the amounts credited to Participants’ Accounts pursuant to Initial Elections with respect to
Compensation, the Committee may provide for additional amounts to be credited to the Accounts of one or more designated Eligible Employees (“Company Credits”) for any year. A Participant whose Account is designated to receive Company
Credits may not elect to receive any portion of the Company Credits as additional Compensation in lieu of deferral as provided by this Section 3.8. The total amount of 

  

 -14- 

 
Company Credits designated with respect to an Eligible Employee’s Account for any Plan Year shall be credited to such Eligible Employee’s Account
as of the time or times designated by the Committee, as a bookkeeping entry to such Eligible Employee’s Account in accordance with Section 5.1. From and after the date Company Credits are allocated as designated by the Committee, Company
Credits shall be credited with income, gains and losses on the same basis as all other amounts credited to the Participant’s Account pursuant to Section 5.2. For Company Credits credited in 2005, Company Credits and income, gains and
losses credited with respect to Company Credits shall be distributable to the Participant on the same basis as if the Participant had made an Initial Election to receive a lump sum distribution of such amount on January 2nd of the third calendar year beginning after the Plan Year with respect to which the Company Credits were authorized, unless on
or before December 31, 2005, the Participant designates another time and form of payment that is a permissible time and form of payment for amounts subject to an Initial Election under Section 3.4(a) and Section 4.1. For Company
Credits credited after 2005, Company Credits and income, gains and losses credited with respect to Company Credits shall be distributable to the Participant on the same basis as if the Participant had made an Initial Election to receive a lump sum
distribution of such amount on January 2nd of the third calendar year beginning after the Plan Year with
respect to which the Company Credits were authorized, unless on or before the applicable deadline under the AJCA, the Participant designates another time and form of payment that is a permissible time and form of payment for amounts subject to an
Initial Election under Section 3.4(a) and Section 4.1. In addition, the Participant may make one or more Subsequent Elections with respect to such Company Credits (and income, gains and losses credited with respect to Company Credits) on
the same basis as all other amounts credited to such Participant’s Account. 
  
 3.9. Required Suspension of Payment of Benefits. Notwithstanding any provision of the Plan or any Participant’s election as to the date or time of payment of any benefit payable under the Plan, to the
extent required by the AJCA, any benefit that would otherwise be payable to a Participant who is a “key employee” of the Company, as determined by the Committee consistent with the AJCA, during the six-month period following such
Participant’s termination of employment, shall be suspended until the lapse of such six-month period. The amount that would otherwise have been paid to such Participant during such period of suspension, as adjusted for income, gains and losses
pursuant to the rules of the Plan, shall be paid in a single payment as soon as practicable following the lapse of such period. 
  
 ARTICLE 4 - MANNER OF DISTRIBUTION 
  
 4.1. Manner of Distribution. 
  
 (a) Amounts credited to an Account shall be distributed, pursuant to an Initial Election or Subsequent Election in either (i) a lump sum payment or
(ii) substantially equal monthly or annual installments over a five (5), ten (10) or fifteen (15) year period. Installment distributions payable in the form of shares of Company Stock shall be rounded to the nearest whole share.

  

 -15- 

 (b) To the extent permitted by Q-A 15(e) of IRS Notice 2005-1, notwithstanding any Initial
Election, Subsequent Election or any other provision of the Plan to the contrary: 
  
 (i) distributions pursuant to Initial Elections or Subsequent Elections shall be made in one lump sum payment unless the portion of a Participant’s Account subject to distribution, as of both the date of the
Initial Election or Subsequent Election and the benefit commencement date, has a value of more than $10,000; 
  
 (ii) following a Participant’s termination of employment for any reason, if the amount credited to the Participant’s Account has a value of
$10,000 or less, the Administrator may, in its sole discretion, direct that such amount be distributed to the Participant (or Beneficiary, as applicable) in one lump sum payment, provided that the payment is made on or before the later of
(i) December 31 of the calendar year in which the Participant terminates employment or (ii) the date two and one-half months after the Participant terminates employment. 
  
 4.2. Determination of Account Balances for Purposes of Distribution. The amount of any distribution made pursuant to
Section 4.1 shall be based on the balances in the Participant’s Account on the date of distribution. For this purpose, the balance in a Participant’s Account shall be calculated by crediting income, gains and losses under the Company
Stock Fund and Income Fund, as applicable, through the date immediately preceding the date of distribution. 
  
 4.3. Plan-to-Plan Transfers; Change in Time and Form of Election Pursuant to Special AJCA Transition Rules. The Administrator may delegate its
authority to arrange for plan-to-plan transfers or to permit benefit elections as described in this Section 4.3 to an officer of the Company or committee of two or more officers of the Company. 
  
 (a) The Administrator may, with a Participant’s consent, make such
arrangements as it may deem appropriate to transfer the Company’s obligation to pay benefits with respect to such Participant which have not become payable under this Plan, to another employer, whether through a deferred compensation plan,
program or arrangement sponsored by such other employer or otherwise, or to another deferred compensation plan, program or arrangement sponsored by the Company or an Affiliate. Following the completion of such transfer, with respect to the benefit
transferred, the Participant shall have no further right to payment under this Plan. 
  
 (b) The Administrator may, with a Participant’s consent, make such arrangements as it may deem appropriate to assume another employer’s obligation to pay benefits with respect to such Participant which have
not become payable under the deferred compensation plan, program or arrangement under which such future right to payment arose, to the Plan, or to assume a future payment obligation of the Company or an Affiliate under another plan, program or
arrangement sponsored by the Company or an Affiliate. Upon the completion of the Plan’s assumption of such payment obligation, the Administrator shall establish an Account for such Participant, and the Account shall be subject to the rules of
this Plan, as in effect from time to time. 
  
 (c) Pursuant to
Q-A 19(c) of IRS Notice 2005-1, to the extent provided by the Committee or its delegate, a Participant may, on or before December 31, 2005, with respect to all or any portion of his or her account under the 2005 Plan, and with respect to
all or any 

  

 -16- 

 
portion of his or her account under the Prior Plan, make new payment elections as to the form and timing of payment of such amounts as may be permitted under
this Plan, provided that following the completion of such new payment election, amounts previously credited under the Prior Plan shall not be treated as grandfathered benefits under the Prior Plan, but instead shall be treated as non-grandfathered
benefits, subject to the rules of this Plan. 
  
 (d) Pursuant to
Proposed Treasury Regulations issued under section 409A of the Code, to the extent provided by the Committee or its delegate, a Participant may, during the period extending from January 1, 2006 to December 31, 2006, with respect to all or
any portion of his or her account under the 2005 Plan that is scheduled to be paid after December 31, 2006, and with respect to all or any portion of his or her account under the Prior Plan that is scheduled to be paid after December 31,
2006, make new payment elections as to the form and timing of payment of such amounts as may be permitted under this Plan, provided that following the completion of such new payment election, amounts previously credited under the Prior Plan shall
not be treated as grandfathered benefits under the Prior Plan, but instead shall be treated as non-grandfathered benefits, subject to the rules of this Plan, and provided that no portion of the benefit subject to such an election shall be payable
before January 1, 2007. 
  
 ARTICLE 5 - BOOK ACCOUNTS

  
 5.1. Deferred Compensation Account. A deferred
Compensation Account shall be established for each Outside Director and Eligible Employee when such Outside Director or Eligible Employee becomes a Participant. Compensation deferred pursuant to the Plan shall be credited to the Account on the date
such Compensation would otherwise have been payable to the Participant. 
  
 5.2. Crediting of Income, Gains and Losses on Accounts. 
  
 (a) In General. Except as otherwise provided in this Section 5.2, the Administrator shall credit income, gains and losses with respect to each Participant’s Account as if it were invested in the
Income Fund. 
  
 (b) Investment Fund Elections. Except for
amounts credited to the Accounts of Participants who are Outside Directors who have elected to defer the receipt of Compensation payable in the form of Company Stock, all amounts credited to Participants’ Accounts shall be credited with income,
gains and losses as if it were invested in the Income Fund. 
  
 (c) Outside Director Stock Fund Credits. Amounts credited to the Accounts of Outside Directors in the form of Company Stock shall be credited with income, gains and losses as if they were invested in the Company Stock Fund. No
portion of such Participant’s Account may be deemed transferred to the Income Fund. Distributions of amounts credited to the Company Stock Fund with respect to Outside Directors’ Accounts shall be distributable in the form of Company
Stock, rounded to the nearest whole share. 
  
 (d) Timing of
Credits. Compensation deferred pursuant to the Plan shall be deemed invested in the Income Fund on the date such Compensation would otherwise have 

  

 -17- 

 
been payable to the Participant. Accumulated Account balances subject to an investment fund election under Section 5.2(b) shall be deemed invested in
the applicable investment fund as of the effective date of such election. The value of amounts deemed invested in the Company Stock Fund shall be based on hypothetical purchases and sales of Company Stock at Fair Market Value as of the effective
date of an investment election 
  
 5.3. Status of Deferred
Amounts. Regardless of whether or not the Company is a Participant’s employer, all Compensation deferred under this Plan shall continue for all purposes to be a part of the general funds of the Company. 
  
 5.4. Participants’ Status as General Creditors. Regardless of
whether or not the Company is a Participant’s employer, an Account shall at all times represent a general obligation of the Company. The Participant shall be a general creditor of the Company with respect to this obligation, and shall not have
a secured or preferred position with respect to the Participant’s Accounts. Nothing contained herein shall be deemed to create an escrow, trust, custodial account or fiduciary relationship of any kind. Nothing contained herein shall be
construed to eliminate any priority or preferred position of a Participant in a bankruptcy matter with respect to claims for wages. 
  
 ARTICLE 6 - NO ALIENATION OF BENEFITS; PAYEE DESIGNATION 
  
 Except as otherwise required by applicable law, the right of any Participant or Beneficiary to any benefit or interest under any of the provisions of this
Plan shall not be subject to encumbrance, attachment, execution, garnishment, assignment, pledge, alienation, sale, transfer, or anticipation, either by the voluntary or involuntary act of any Participant or any Participant’s Beneficiary or by
operation of law, nor shall such payment, right, or interest be subject to any other legal or equitable process. However, subject to the terms and conditions of the Plan, a Participant or Beneficiary may direct that any amount payable pursuant to an
Initial Election or a Subsequent Election on any date designated for payment be paid to any person or persons or legal entity or entities, including, but not limited to, an organization exempt from federal income tax under section 501(c)(3) of the
Code, instead of to the Participant or Beneficiary. Such a payee designation shall be provided to the Administrator by the Participant or Beneficiary in writing on a form provided by the Administrator, and shall not be effective unless it is
provided immediately preceding the time of payment. The Company’s payment pursuant to such a payee designation shall relieve the Company and its Affiliates of all liability for such payment. 
  
 ARTICLE 7 - DEATH OF PARTICIPANT 
  
 7.1. Death of Participant. A Deceased Participant’s Account shall
be distributed in accordance with the last Initial Election or Subsequent Election made by the Deceased Participant before the Deceased Participant’s death, unless the Deceased Participant’s Surviving Spouse or other Beneficiary timely
elects to accelerate or defer the time of payment pursuant to Section 3.5. 
  
 7.2. Designation of Beneficiaries. Each Participant and Beneficiary shall have the right to designate one or more Beneficiaries to receive distributions in the event of the 

  

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Participant’s or Beneficiary’s death by filing with the Administrator a Beneficiary designation on the form provided by the Administrator for such
purpose. The designation of a Beneficiary or Beneficiaries may be changed by a Participant or Beneficiary at any time prior to such Participant’s or Beneficiary’s death by the delivery to the Administrator of a new Beneficiary designation
form. 
  
 ARTICLE 8 - HARDSHIP AND OTHER ACCELERATION EVENTS

  
 8.1. Hardship. Notwithstanding the terms of an
Initial Election or Subsequent Election, if, at the Participant’s request, the Board determines that the Participant has incurred a Hardship, the Board may, in its discretion, authorize the immediate distribution of all or any portion of the
Participant’s Account. 
  
 8.2. Other Acceleration
Events. To the extent permitted by Q-A 15 of IRS Notice 2005-1, notwithstanding the terms of an Initial Election or Subsequent Election, distribution of all or part of a Participant’s Account may be made: 
  
 (a) To the extent necessary to fulfill a domestic relations order (as
defined in section 414(p)(1)(B) of the Code). 
  
 (b) To the
extent necessary to comply with a certificate of divestiture (as defined in section 1043(b)(2) of the Code). 
  
 (c) To pay the Federal Insurance Contribution Act (“FICA”) tax imposed under sections 3101 and 3121(v)(2) of the Code on compensation deferred
under the Plan (the “FICA Amount”) plus the income tax at source on wages imposed under section 3401 of the Code with respect to the FICA Amount, and to pay the additional income tax at source on wages attributable to the pyramiding
section 3401 wages and taxes, provided that the total amount distributable under this Section 8.2(c) shall not exceed the sum of the FICA Amount and the income tax withholding related to such FICA Amount. 
  
 (d) To the extent determined to be includible in income pursuant to section
409A of the Code. 
  
 ARTICLE 9 - INTERPRETATION 

 
 9.1. Authority of Committee. The Committee shall have full and
exclusive authority to construe, interpret and administer this Plan and the Committee’s construction and interpretation thereof shall be binding and conclusive on all persons for all purposes. 
  
 9.2. Claims Procedure. If an individual (hereinafter referred to as
the “Applicant,” which reference shall include the legal representative, if any, of the individual) does not receive timely payment of benefits to which the Applicant believes he is entitled under the Plan, the Applicant may make a claim
for benefits in the manner hereinafter provided. 
  
 An Applicant
may file a claim for benefits with the Administrator on a form supplied by the Administrator. If the Administrator wholly or partially denies a claim, the Administrator shall provide the Applicant with a written notice stating: 
  
 (a) The specific reason or reasons for the denial; 
  

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 (b) Specific reference to pertinent Plan provisions on which the denial is based; 
  
 (c) A description of any additional material or information necessary for
the Applicant to perfect the claim and an explanation of why such material or information is necessary; and 
  
 (d) Appropriate information as to the steps to be taken in order to submit a claim for review. 
  
 Written notice of a denial of a claim shall be provided within 90 days of the receipt of the
claim, provided that if special circumstances require an extension of time for processing the claim, the Administrator may notify the Applicant in writing that an additional period of up to 90 days will be required to process the claim. 

 
 If the Applicant’s claim is denied, the Applicant shall have 60 days
from the date of receipt of written notice of the denial of the claim to request a review of the denial of the claim by the Administrator. Request for review of the denial of a claim must be submitted in writing. The Applicant shall have the right
to review pertinent documents and submit issues and comments to the Administrator in writing. The Administrator shall provide a written decision within 60 days of its receipt of the Applicant’s request for review, provided that if special
circumstances require an extension of time for processing the review of the Applicant’s claim, the Administrator may notify the Applicant in writing that an additional period of up to 60 days shall be required to process the Applicant’s
request for review. 
  
 It is intended that the claims procedures
of this Plan be administered in accordance with the claims procedure regulations of the Department of Labor set forth in 29 CFR § 2560.503-1. 
  
 Claims for benefits under the Plan must be filed with the Administrator at the following address: 
  
 Comcast Corporation 
 1500 Market Street 
 Philadelphia, PA 19102

 Attention: General Counsel 
  
 ARTICLE 10 - AMENDMENT OR TERMINATION 
  
 10.1. Amendment or Termination. Except as otherwise provided by Section 10.2, the Company, by action of the Board or by action of the
Committee, shall have the right at any time, or from time to time, to amend or modify this Plan. The Company, by action of the Board, shall have the right to terminate this Plan at any time. 
  
 10.2. Amendment of Rate of Credited Earnings. No amendment shall
change the Applicable Interest Rate with respect to the portion of a Participant’s Account that is attributable 

  

 -20- 

 
to an Initial Election or Subsequent Election made with respect to Compensation earned in a calendar year and filed with the Administrator before the date of
adoption of such amendment by the Board. For purposes of this Section 10.2, a Subsequent Election to defer the payment of part or all of an Account for an additional period after a previously-elected payment date (as described in
Section 3.5) shall be treated as a separate Subsequent Election from any previous Initial Election or Subsequent Election with respect to such Account. 
  
 ARTICLE 11 - WITHHOLDING OF TAXES 
  
 Whenever the Participating Company is required to credit deferred Compensation to the Account of a Participant, the Participating Company shall have the
right to require the Participant to remit to the Participating Company an amount sufficient to satisfy any federal, state and local withholding tax requirements prior to the date on which the deferred Compensation shall be deemed credited to the
Account of the Participant, or take any action whatever that it deems necessary to protect its interests with respect to tax liabilities. The Participating Company’s obligation to credit deferred Compensation to an Account shall be conditioned
on the Participant’s compliance, to the Participating Company’s satisfaction, with any withholding requirement. To the maximum extent possible, the Participating Company shall satisfy all applicable withholding tax requirements by
withholding tax from other Compensation payable by the Participating Company to the Participant, or by the Participant’s delivery of cash to the Participating Company in an amount equal to the applicable withholding tax. 
  
 ARTICLE 12 - MISCELLANEOUS PROVISIONS 
  
 12.1. No Right to Continued Employment. Nothing contained herein shall
be construed as conferring upon any Participant the right to remain in service as an Outside Director or in the employment of a Participating Company as an executive or in any other capacity. 
  
 12.2. Expenses of Plan. All expenses of the Plan shall be paid by the
Participating Companies. 
  
 12.3. Gender and Number.
Whenever any words are used herein in any specific gender, they shall be construed as though they were also used in any other applicable gender. The singular form, whenever used herein, shall mean or include the plural form, and vice versa,
as the context may require. 
  
 12.4. Law Governing
Construction. The construction and administration of the Plan and all questions pertaining thereto, shall be governed by the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and other applicable federal law and,
to the extent not governed by federal law, by the laws of the Commonwealth of Pennsylvania. 
  
 12.5. Headings Not a Part Hereof. Any headings preceding the text of the several Articles, Sections, subsections, or paragraphs hereof are inserted solely for convenience of reference and shall not constitute a
part of the Plan, nor shall they affect its meaning, construction, or effect. 
  

 -21- 

 12.6. Severability of Provisions. If any provision of this Plan is determined to be void by any
court of competent jurisdiction, the Plan shall continue to operate and, for the purposes of the jurisdiction of that court only, shall be deemed not to include the provision determined to be void. 
  
 ARTICLE 13 - EFFECTIVE DATE 
  
 The Committee of the Board adopted this amendment and restatement of the Plan
on December 14, 2005. The effective date of this amendment and restatement of the Plan shall be January 1, 2005, except to the extent otherwise provided in the Plan. The original effective date of the Plan is January 1, 2005.

  

 -22- 

 IN WITNESS WHEREOF, COMCAST CORPORATION has caused this Plan to be executed by its officers thereunto
duly authorized, and its corporate seal to be affixed hereto, as of the 14th day of December, 2005. 
  

			
	COMCAST CORPORATION
		
	BY:	 	 /s/ David L. Cohen

	 	 	David L. Cohen
		
	ATTEST:	 	 /s/ Arthur R. Block

	 	 	Arthur R. Block

  

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