Document:

Exhibit 10.9

 

 

 

 

 

 

 

 

 

 

 

SHARE PURCHASE AGREEMENT

by and between

ATLAS INDUSTRIES HOLDINGS
LLC

and

ATLAS TITAN MANAGEMENT INVESTMENTS LLC

 

 

 

 

 

 

 

 

 

 

 

 

Dated as
of May 1, 2007

SUBSCRIPTION INSTRUCTIONS - PLEASE
READ CAREFULLY

THE SECURITIES OFFERED HEREBY HAVE NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND HAVE NOT BEEN QUALIFIED UNDER
THE SECURITIES LAWS OF ANY STATE.   THE PURCHASER OF
THESE SECURITIES, BY MAKING SUCH PURCHASE, AGREES FOR THE BENEFIT OF THE ISSUER
THAT THE SECURITIES OFFERED HEREBY MAY BE SOLD, OFFERED FOR SALE, PLEDGED OR
OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES
ACT TO AN INSTITUTIONAL INVESTOR THAT THE PURCHASER REASONABLY BELIEVES IS A
QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A PURCHASING FOR
ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER, WHOM THE
SELLER HAS INFORMED, IN EACH CASE, THAT THE SALE, OFFER FOR SALE OR TRANSFER IS
BEING MADE IN RELIANCE ON RULE 144A, (2) PURSUANT TO AN EXEMPTION FROM
REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT, OR (3) PURSUANT TO
AN EXEMPTION FROM REGISTRATION IN ACCORDANCE WITH RULES 903 OR 904 OF
REGULATION S UNDER THE SECURITIES ACT, AND (B) IN ACCORDANCE WITH ALL
APPLICABLE SECURITIES LAWS OF THE STATES OF THE UNITED STATES, IN EACH CASE,
THE SATISFACTION OF WHICH CONDITIONS IS SUPPORTED BY AN OPINION OF COUNSEL
DELIVERED TO THE ISSUER THAT IS IN FORM, SCOPE AND SUBSTANCE REASONABLY
SATISFACTORY TO THE COMPANY.

ATLAS INDUSTRIES HOLDINGS LLC

SHARE PURCHASE AGREEMENT

SHARE PURCHASE AGREEMENT (this “Agreement”), dated
as of May 1, 2007 by and between Atlas Industries Holdings LLC, a Delaware
limited liability company (the “Company”), and Atlas Titan Management Investments LLC,
a Delaware limited liability company (“Buyer”).

WHEREAS:

A.            The Company wishes to sell, and
Buyer wishes to purchase, common shares representing limited liability company
interests (the “Shares”) in the Company as
provided for in the Company’s Second Amended and Restated Operating Agreement,
dated as of April 25, 2007 (as amended from time to time, the “Company’s Operating Agreement”)
upon the terms and subject to the conditions set forth in this Agreement;

B.            The members of the Buyer have each
agreed to make capital contributions to the Buyer (the “Capital
Contributions”) in accordance with the Buyer’s operating
agreement, dated as of May 1, 2007 (as amended from time to time, the “Buyer’s Operating Agreement”);

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C.            The Shares sold by the Company and
purchased by the Buyer (such Shares, the “Restricted Shares”) will be sold pursuant to
an exemption from registration under the Securities Act of 1933, as amended
(the “1933 Act”),
and the rules and regulations promulgated thereunder by the United States Securities
and Exchange Commission (the “SEC”);

D.            Simultaneous with the closing of the
purchase of Shares by the Buyer, the Company intends and expects to close an
initial public offering (the “IPO”) of Shares to the public pursuant to registration
under the 1933 Act (such Shares, the “Registered Shares”);

E.             The Restricted Shares and the
Registered Shares will be identical in all respects and constitute the same
class of equity interest in the Company, except as to the status of the
Restricted Shares under the 1933 Act and applicable state securities laws; and

F.             The Company will, in connection
with the issuance of the Restricted Shares and pursuant to the terms of the
Registration Rights Agreement substantially in the form of Exhibit A
attached hereto (the “Registration
Rights Agreement”), grant to Buyer certain rights to register
the Restricted Shares for resale by Buyer under the 1933 Act and the rules and
regulations promulgated thereunder by the SEC and applicable state securities
laws.

NOW THEREFORE, in consideration of the
mutual covenants, representations, warranties and agreements contained herein,
and of other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, and intending to be legally bound hereby, the parties
hereto agree as follows:

1.             PURCHASE
AND SALE OF SHARES

a.             Purchase
of Restricted Shares.  Subject to Section
1(b) below, at the Closing (defined below), the Company shall issue and sell
that number of Restricted Shares to the Buyer equal to the result of 
(i) the Aggregate Purchase Price (as defined below) divided by (ii) the Per Share Price (as
defined below), and the Buyer shall purchase that number of Restricted Shares
from the Company.  The per share purchase
price (the “Per Share
Price”) for the Restricted Shares shall be the same as the per
share purchase price of the Registered Shares to be offered in the IPO of the
Company, as set forth in the Company’s prospectus relating to the IPO.  The aggregate purchase price (the “Aggregate Purchase Price”)
for the Restricted Shares shall be the aggregate amount of Capital
Contributions required to be made to the Buyer by the members thereof on the
Closing Date (as defined below) in accordance with the Buyer’s Operating
Agreement as of the Closing Date.  The
Restricted Shares shall be sold at the Closing as hereinafter provided.

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b.             Closing.  The closing (the “Closing”) of the
issuance and sale of the Restricted Shares shall occur contemporaneously with,
and shall be conditioned upon, the closing of the IPO with respect to the sale
and delivery of any firm securities thereat. 
The date of the occurrence of the Closing shall be referred to herein as
the “Closing Date.”
For the avoidance of doubt, if for whatever reason the IPO is not completed,
the Company will not be obligated to issue and sell the Restricted Shares and
the Buyer shall not be required to purchase the Restricted Shares and this
Agreement may be terminated in accordance with Section 5(k) below.

c.             Form of Payment. 
At the Closing, the Buyer shall pay the Aggregate Purchase Price
pursuant to the settlement process set forth in an escrow agreement to be
entered into by and among the Buyer, the Company and other parties named
therein, to be dated as of the Closing Date; provided,
however, that this shall not be the exclusive form of payment if
otherwise agreed by the Buyer and the Company at the Closing.

d.             Form of Delivery.  At the Closing, the Company shall deliver to
the Buyer a certificate evidencing the Restricted Shares, duly executed by the
Company and authenticated by the Company’s transfer agent representing that
number of Restricted Shares purchased by the Buyer in accordance with Section
1(a) above and including appropriate legends for the Restricted Shares
identifying the status thereof.

e.             Registration
Rights Agreement. 
At the Closing, the parties hereto shall execute and deliver the
Registration Rights Agreement.

2.             REPRESENTATIONS
AND WARRANTIES OF THE BUYER

Buyer
hereby represents and warrants to the Company as of the date hereof and as of
the Closing Date that:

a.             Organization
and Qualification.  Buyer is duly organized, validly existing and
in good standing under the laws of the jurisdiction of its formation, has the
requisite corporate power to own its properties and to carry on its business as
now being conducted.

b.             Authorization;
Enforceability.  (i) Buyer has the requisite
corporate power and authority to enter into and perform its obligations under
this Agreement and the Registration Rights Agreement; (ii) the execution and
delivery of this Agreement and the Registration Rights Agreement by Buyer and
the consummation by Buyer of the transactions contemplated hereby and thereby
have been duly authorized and no further consent or corporate authorization is
required therefor; (iii) this Agreement has been, and at Closing the
Registration Rights Agreement will be, duly executed and delivered by Buyer;
and (iv) assuming due execution and delivery by the Company, this Agreement
constitutes, and the Registration Rights Agreement will constitute, the valid
and binding obligations of Buyer enforceable against it in accordance with
their respective terms, except as such enforceability may be limited by
applicable bankruptcy, insolvency, reorganization, moratorium, liquidation or
similar laws relating to, or affecting generally, the enforcement of creditors’
rights and remedies or by other equitable principles of general application or
by the public policy provisions of federal securities  laws.

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c.             Knowledge
and Experience. 
Buyer: (i) has such knowledge and experience in financial and business
matters so as to be capable of evaluating the merits and risks of an investment
in the Company; (ii) is prepared to bear the economic risk of such an
investment; and (iii) has consulted with its own legal, financial, tax and
other advisors to the extent it has deemed appropriate in connection with any
investment in the Company, as well as the purchase of the Restricted Shares and
the status thereof.

d.             Company Information.  Buyer has requested, received, read and
reviewed such information concerning the Company, its business and operations,
the transactions in which it intends to engage and the proposed IPO, including
drafts of the prospectus relating to the foregoing as it deems necessary or
advisable in the circumstances.

e.             Accredited
Investor. 
Buyer is: (i) familiar with or has otherwise been advised by counsel
regarding the rules and regulations of the 1933 Act, that are and would be
applicable to it in connection with the acquisition of the Restricted Shares;
(ii) familiar with the term “accredited investor,” as defined in Rule 501(a)
under the 1933 Act; and (iii) an institutional accredited investor within the
meaning of Rule 501(a)(1), (2), (3), (7) or (8) under the 1933 Act.

f.              No
Registration. 
Buyer acknowledges that: (i) the Restricted Shares are not a part of the
IPO; (ii) the Restricted Shares are being offered in a transaction not
involving any public offering within the United States within the meaning of
the 1933 Act; (iii) the Company has not filed nor will it file a registration
statement in connection with, or otherwise register, the offer and sale of the
Restricted Shares under the 1933 Act or the securities laws of any state except
in accordance with the Registration Rights Agreement; and (iv) the solicitation
of bids and any offer or sale of the Restricted Shares are being made in
reliance on an exemption from the registration requirements of the 1933 Act.

g.             Investment Purpose:  No Distribution. 
Buyer is seeking to acquire the Restricted Shares for its own account or
an account or accounts with respect to which it exercises sole investment
discretion and each such account, if any, is an institutional accredited
investor and each such account, if any, is aware that the solicitation of bids
and any offer or sale of the Restricted Shares are being made in reliance on an
exemption from the registration requirements of the 1933 Act.  Buyer is seeking to acquire the Restricted
Shares for investment purposes only, and not with a view to the distribution
thereof, in whole or in part.

h.             Transfer
Restrictions. 
Buyer acknowledges that any subsequent transfer of the Restricted Shares
may be restricted under the 1933 Act or applicable state securities laws, and
that any securities so acquired will bear legends to such effect.

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i.              Condition
to Closing. 
Buyer acknowledges and agrees that the Closing is contingent upon the
closing of the IPO, and that if, for whatever reason, the IPO is not completed,
the Company shall not be obligated to issue and sell the Restricted Shares and
Buyer shall not be required to purchase the Restricted Shares and this
Agreement may be terminated in accordance with Section 5(k) below.

j.              Manner
of Issuance. 
Buyer acknowledges and agrees that the issuance of the Restricted Shares
shall be effected in accordance with Section 1 above.

3.             REPRESENTATIONS
AND WARRANTIES OF THE COMPANY

The
Company hereby represents and warrants to Buyer as of the date hereof and as of
the Closing Date that:

a.             Organization
and Qualification.  The Company is duly organized, validly
existing and, where applicable, in good standing under the laws of the
jurisdiction of its formation, has the requisite power and authority to own its
properties and to carry on its business as now being conducted and presently
proposed to be conducted, as applicable.

b.             Authorization;
Enforceability.  (i) The Company has the requisite
power and authority to enter into and perform this Agreement and the
Registration Rights Agreement, and to issue and/or sell the Restricted Shares
in accordance with the terms hereof; (ii) the execution and delivery of this
Agreement and the Registration Rights Agreement by the Company and the
consummation by the Company of the transactions contemplated hereby and
thereby, including the issuance of the Restricted Shares, have been duly
authorized and no further consent or authorization is required therefor; (iii)
this Agreement has been, and at Closing the Registration Rights Agreement will
be, duly executed and delivered by the Company; and (iv) assuming due execution
and delivery by Buyer, this Agreement constitutes, and the Registration Rights
Agreement will constitute, the valid and binding obligations of the Company
enforceable against it in accordance with their respective terms, except as
such enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium, liquidation or similar laws relating to, or
affecting generally, the enforcement of creditors’ rights and remedies or by
other equitable principles of general application or by the public policy
provisions of federal securities  laws.

c.             Issuance
of Securities. 
The Restricted Shares have been duly authorized and, upon issuance in
accordance with the terms hereof and thereof, shall be validly issued and fully
paid, and free from all taxes, liens and charges with respect to the issue
thereof.

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4.             TRANSFER
AGENT INSTRUCTIONS

The
Company shall instruct its transfer agent to issue certificates, registered in
the name of the Buyer or its nominee, for the Restricted Shares in such amounts
as specified from time to time by the Buyer to the Company.  All such certificates shall bear a
restrictive legend of the type referred to in Section 2(h) of this Agreement.  The Company warrants and covenants that no instruction
other than such instructions referred to in this Section 4, and stop transfer
instructions to give effect to Section 2(h) hereof or any applicable provision
of the Registration Rights Agreement, will be given by the Company to its
transfer agent and that the Restricted Shares shall otherwise be freely
transferable on the books and records of the Company as and to the extent
provided in this Agreement.  Nothing in
this Section 4 shall affect in any way Buyer’s obligations and agreement to
comply with all applicable securities laws upon the sale, assignment or other
transfer of the Shares.  If Buyer
provides the Company with an opinion of counsel, reasonably satisfactory in
form, scope and substance to the Company, that registration of the sale, assignment
or other transfer by Buyer of any of the Restricted Shares is not required
under the 1933 Act, the Company shall permit the transfer, and promptly
instruct its transfer agent to issue one or more certificates in such name and
in such denominations as specified by Buyer.

5.             GOVERNING LAW; MISCELLANEOUS

a.             Governing
Law.  This Agreement shall be governed by and
interpreted in accordance with, the laws of the State of New York without
regard to the principles of conflict of laws to the extent that such principles
would require or permit the application of laws of another jurisdiction.

b.             Counterparts. 
This Agreement may be executed in two or more identical counterparts,
including, without limitation, by facsimile transmission (with copies sent by
U.S. mail to the other parties), all of which counterparts shall be considered
one and the same agreement and shall become effective when counterparts have
been signed by each party and delivered to the other party.  In the event any signature page is delivered
by facsimile transmission, the party using such means of delivery shall cause
four (4) additional original executed signature pages to be physically
delivered to the other party within five (5) days of the execution and delivery
hereof.

c.             Headings. 
The headings of this Agreement are for convenience of reference and
shall not form part of, or affect the interpretations of, this Agreement.

d.             Severability. 
If any provision of this Agreement shall be invalid or unenforceable in
any jurisdiction, such invalidity or unenforceability shall not affect the
validity or enforceability of the remainder of this Agreement.

e.             Entire
Agreement; Amendments.  This Agreement and
the Registration Rights Agreement contain the entire understanding of the
parties with respect to the matters covered herein and therein and, except as
specifically set forth herein or therein, none of the parties hereto makes any
representation, warranty, covenant or undertaking with respect to such
matters.  No provision of this Agreement
may be waived or amended other than by an instrument in writing signed by the
party to be charged with enforcement.

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f.              Notices. 
Any notices required or permitted to be given under the terms of this
Agreement shall be sent by mail or delivered personally, by courier or by
facsimile (with a copy by U.S. mail) and shall be effective five (5) days after
being placed in the mail, if mailed, certified or registered, return receipt
requested, or upon receipt, if delivered personally or by courier or by
facsimile (with a copy by U.S. mail), in each case properly addressed to the
party to receive the same.  The addresses
for such communications shall be:

	
     

  	
   

  	
  If to the Company:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
     

  	
   

  	
  Atlas Industries Holdings LLC

  	
   

  	
   

  
	
     

  	
   

  	
  One Sound Shore Drive

  	
   

  	
   

  
	
     

  	
   

  	
  Suite 302

  	
   

  	
   

  	
   

  
	
     

  	
   

  	
  Greenwich, CT 06830

  	
   

  	
   

  
	
     

  	
   

  	
  Telephone:   

  	
   

  	
  (203) 983-7933

  	
   

  
	
     

  	
   

  	
  Facsimile:   

  	
   

  	
  (203) 622-0151

  	
   

  
	
     

  	
   

  	
  Attention:   

  	
   

  	
  Andrew M. Bursky

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
     

  	
   

  	
  wth a copy to:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
     

  	
   

  	
     

  	
  McDermott Will & Emery LLP

  	
   

  	
   

  
	
     

  	
   

  	
     

  	
  600 Thirteenth Street, N.W.

  	
   

  	
   

  
	
     

  	
   

  	
     

  	
  Washington, DC 20005

  	
   

  	
   

  
	
     

  	
   

  	
     

  	
  Telephone:   

  	
  (202) 756-8126

  	
   

  
	
     

  	
   

  	
     

  	
  Facsimile:   

  	
  (202) 756-8087

  	
   

  
	
     

  	
   

  	
     

  	
  Attention:   

  	
  Christopher M. Zochowski

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
     

  	
   

  	
  If to the Buyer:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
     

  	
   

  	
     

  	
  Atlas Titan Management Investments LLP

  	
   

  	
   

  	 

	
     

  	
   

  	
     

  	
  One Sound Shore Drive

  	
   

  	
   

  	 

	
     

  	
   

  	
     

  	
  Suite 302

  	
   

  	
   

  	 

	
     

  	
   

  	
     

  	
  Greenwich, CT 06830

  	
   

  	
   

  	 

	
     

  	
   

  	
     

  	
  Telephone:   

  	
  (203) 622-9138

  	
   

  	 

	
     

  	
   

  	
     

  	
  Facsimile:   

  	
  (203) 622-0151

  	
   

  	 

	
     

  	
   

  	
     

  	
  Attention:   

  	
  Administrator

  	
   

  	 

	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	 

	
   

  	
   

  	
  With a copy to such parties as the Buyer may
  designate from time to time.

  	
   

  
	
     

  	
   

  	 

																					

 

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Each party hereto shall
provide notice to the other party of any change in address.

g.             Successors
and Assigns.  This Agreement shall be binding upon and
inure to the benefit of the parties.  The
Company shall not assign this Agreement or any rights or obligations hereunder
without the prior written consent the Buyer. 
Buyer may not assign its rights hereunder without the consent of the
Company.

h.             No
Third Party Beneficiaries.  This Agreement is intended for the benefit of
the parties hereto and their respective permitted successors and assigns, and
is not for the benefit of, nor may any provision hereof be enforced by, any
other person.

i.              Publicity.  Except with respect to or made in relation to
the IPO, the parties shall have the right to approve before issuance any press
releases or any other public statements with respect to the transactions
contemplated hereby; provided, however,
that the Company shall be entitled, without the prior approval of the Buyer, to
make any press release or other public disclosure with respect to such
transactions as is required by applicable law and regulations (although the
Buyer shall be consulted by the Company in connection with any such press
release or other public disclosure prior to its release and shall be provided
with a copy thereof).

j.              Further
Assurances. 
Each party shall do and perform, or cause to be done and performed, all
such further acts and things, and shall execute and deliver all such other
agreements, certificates, instruments and documents, as the other party may
reasonably request in order to carry out the intent and accomplish the purpose
of this Agreement and the consummation of the transactions contemplated hereby.

k.            Termination.  In the event that the IPO is terminated, this
Agreement shall automatically be terminated and be of no further force and
effect.

[Signature Pages Follow]

 8

IN WITNESS WHEREOF, the Parties hereto have
caused this Agreement to be executed as of the day and year first above
written.

	
  

  	
   

  	
  ATLAS INDUSTRIES HOLDINGS LLC

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
     

  	
   

  	
  /s/ Timothy Fazio

  	
   

  	
   

  
	
     

  	
   

  	
  Name: 

  	
  Timothy Fazio

  
	
     

  	
   

  	
  Title:

  	
  President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
     

  	
   

  	
  ATLAS TITAN MANAGEMENT INVESTMENTS
  LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
     

  	
   

  	
  /s/ Andrew M. Bursky

  	
   

  	
   

  
	
     

  	
   

  	
  Name:

  	
  Andrew M. Bursky

  
	
     

  	
   

  	
  Title:

  	
  Administrator

  
							

 

 

 

EXHIBIT A

REGISTRATION RIGHTS AGREEMENT

[to be attached]Exhibit 10.10

 

 

 

SHARE
PURCHASE AGREEMENT

by and between

ATLAS
INDUSTRIES HOLDINGS LLC

and

ALLSTATE LIFE INSURANCE COMPANY

 

 

 

 

 

 

 

Dated as of May 1, 2007

SUBSCRIPTION
INSTRUCTIONS - PLEASE READ CAREFULLY

THE SECURITIES OFFERED HEREBY HAVE
NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND HAVE NOT
BEEN QUALIFIED UNDER THE SECURITIES LAWS OF ANY STATE.   THE PURCHASER OF
THESE SECURITIES, BY MAKING SUCH PURCHASE, AGREES FOR THE BENEFIT OF THE ISSUER
THAT THE SECURITIES OFFERED HEREBY MAY BE SOLD, OFFERED FOR SALE, PLEDGED OR
OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES
ACT TO AN INSTITUTIONAL INVESTOR THAT THE PURCHASER REASONABLY BELIEVES IS A
QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A PURCHASING FOR
ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER, WHOM THE
SELLER HAS INFORMED, IN EACH CASE, THAT THE SALE, OFFER FOR SALE OR TRANSFER IS
BEING MADE IN RELIANCE ON RULE 144A, (2) PURSUANT TO AN EXEMPTION FROM
REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT, OR (3) PURSUANT TO
AN EXEMPTION FROM REGISTRATION IN ACCORDANCE WITH RULES 903 OR 904 OF
REGULATION S UNDER THE SECURITIES ACT, AND (B) IN ACCORDANCE WITH ALL
APPLICABLE SECURITIES LAWS OF THE STATES OF THE UNITED STATES, IN EACH CASE,
THE SATISFACTION OF WHICH CONDITIONS IS SUPPORTED BY AN OPINION OF COUNSEL
DELIVERED TO THE ISSUER THAT IS IN FORM, SCOPE AND SUBSTANCE REASONABLY
SATISFACTORY TO THE COMPANY.

ATLAS
INDUSTRIES HOLDINGS LLC

SHARE
PURCHASE AGREEMENT

SHARE PURCHASE AGREEMENT (this “Agreement”), dated
as of May 1, 2007 by and between Atlas Industries Holdings LLC, a Delaware
limited liability company (the “Company”), and Allstate Life Insurance Company, an
Illinois life insurance company (“Buyer”).

WHEREAS:

A.            The Company wishes to sell, and
Buyer wishes to purchase, common shares representing limited liability company
interests (the “Shares”) in the Company as
provided for in the Company’s Second Amended and Restated Operating Agreement,
dated as of April 25, 2007 (as amended from time to time, the “Company’s Operating Agreement”)
upon the terms and subject to the conditions set forth in this Agreement;

B.            The Shares sold by the Company and
purchased by the Buyer (such Shares, the “Restricted Shares”) will be sold pursuant to
an exemption from registration under the Securities Act of 1933, as amended
(the “1933 Act”),
and the rules and regulations promulgated thereunder by the United States
Securities and Exchange Commission (the “SEC”);

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C.            Simultaneous with the closing of the
purchase of Shares by the Buyer, the Company intends and expects to close an
initial public offering (the “IPO”) of Shares to the public pursuant to registration
under the 1933 Act (such Shares, the “Registered Shares”);

D.            The Restricted Shares and the
Registered Shares will be identical in all respects and constitute the same
class of equity interest in the Company, except as to the status of the
Restricted Shares under the 1933 Act and applicable state securities laws; and

E.             The Company will, in connection
with the issuance of the Restricted Shares and pursuant to the terms of the
Registration Rights Agreement substantially in the form of Exhibit A
attached hereto (the “Registration
Rights Agreement”), grant to Buyer certain rights to register
the Restricted Shares for resale by Buyer under the 1933 Act and the rules and
regulations promulgated thereunder by the SEC and applicable state securities
laws.

NOW THEREFORE, in consideration of the
mutual covenants, representations, warranties and agreements contained herein,
and of other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, and intending to be legally bound hereby, the
parties hereto agree as follows:

1.             PURCHASE
AND SALE OF SHARES

a.             Purchase
of Restricted Shares.  Subject to Section
1(b) below, at the Closing (defined below), the Company shall issue and sell
that number of Restricted Shares to the Buyer, at the Per Share Price (as
defined below), equal to the Number of Shares (as defined on Schedule A
hereto) as calculated and determined by reference to the definitions set forth
on Schedule A hereto and the information set forth next to the Buyer’s
name on Exhibit A to Schedule A hereto, which Number of Shares
with respect to the Buyer shall be set forth on Exhibit A to Schedule
A hereto next to the Buyer’s name at the IPO Closing, and the Buyer shall
purchase the Number of Shares from the Company at the Per Share Price (the Per
Share Price multiplied by the Number of Shares to be
purchased by Buyer, the “Aggregate Purchase Price”).  The per share purchase price (the “Per Share Price”)
for the Restricted Shares shall be the same as the per share purchase price of
the Registered Shares to be offered in the IPO of the Company, as set forth in
the Company’s final prospectus relating thereto, as filed pursuant to Rule
424(b) under the 1933 Act (the “Final  Prospectus”).

b.             Closing.  The closing (the “Closing”) of the
issuance and sale of the Restricted Shares shall occur contemporaneously with,
and shall be conditioned upon, the closing of the IPO with respect to the sale
and delivery of any firm securities thereat. 
The date of the occurrence of the Closing shall be referred to herein as
the “Closing Date.”   For the avoidance of doubt, if for whatever
reason the IPO is not completed, the Company will not be obligated to issue and
sell the Restricted Shares and the Buyer shall not be required to purchase the
Restricted Shares and this Agreement may be terminated in accordance with
Section 5(k) below.

 3
 

c.             Form of Payment. 
At the Closing, the Buyer shall pay the Aggregate Purchase Price
pursuant to the settlement process set forth in an escrow agreement to be
entered into by and among the Buyer, the Company and other parties named
therein, to be dated as of the Closing Date; provided,
however, that this shall not be the exclusive form of payment if
otherwise agreed by the Buyer and the Company at the Closing.

d.             Form of Delivery.  At the Closing, the Company shall deliver to
the Buyer a certificate evidencing the Restricted Shares, duly executed by the
Company and authenticated by the Company’s transfer agent representing that
number of Restricted Shares purchased by the Buyer in accordance with Section
1(a) above and including appropriate legends for the Restricted Shares
identifying the status thereof.

e.             Registration
Rights Agreement. 
At the Closing, the parties hereto shall execute and deliver the
Registration Rights Agreement.

2.             REPRESENTATIONS
AND WARRANTIES OF THE BUYER

                Buyer hereby represents and
warrants to the Company as of the date hereof and as of the Closing Date that:

a.             Organization
and Qualification.  Buyer is duly organized, validly existing and
in good standing under the laws of the jurisdiction of its formation, has the
requisite corporate power to own its properties and to carry on its business as
now being conducted.

b.             Authorization;
Enforceability.  (i) Buyer has the requisite
corporate power and authority to enter into and perform its obligations under
this Agreement and the Registration Rights Agreement; (ii) the execution and
delivery of this Agreement and the Registration Rights Agreement by Buyer and
the consummation by Buyer of the transactions contemplated hereby and thereby
have been duly authorized and no further consent or corporate authorization is
required therefor; (iii) this Agreement has been, and at Closing the
Registration Rights Agreement will be, duly executed and delivered by Buyer;
and (iv) assuming due execution and delivery by the Company, this Agreement
constitutes, and the Registration Rights Agreement will constitute, the valid
and binding obligations of Buyer enforceable against it in accordance with
their respective terms, except as such enforceability may be limited by
applicable bankruptcy, insolvency, reorganization, moratorium, liquidation or
similar laws relating to, or affecting generally, the enforcement of creditors’
rights and remedies or by other equitable principles of general application or
by the public policy provisions of federal securities  laws.

 4
 

c.             Knowledge
and Experience. 
Buyer: (i) has such knowledge and experience in financial and business
matters so as to be capable of evaluating the merits and risks of an investment
in the Company; (ii) is prepared to bear the economic risk of such an
investment; and (iii) has consulted with its own legal, financial, tax and
other advisors to the extent it has deemed appropriate in connection with any
investment in the Company, as well as the purchase of the Restricted Shares and
the status thereof.

d.             Company Information.  Buyer has requested, received, read and
reviewed such information concerning the Company, its business and operations,
the transactions in which it intends to engage and the proposed IPO, including
drafts of the prospectus relating to the foregoing as it deems necessary or
advisable in the circumstances.

e.             Accredited
Investor. 
Buyer is: (i) familiar with or has otherwise been advised by counsel
regarding the rules and regulations of the 1933 Act, that are and would be
applicable to it in connection with the acquisition of the Restricted Shares;
(ii) familiar with the term “accredited investor,” as defined in Rule 501(a)
under the 1933 Act; and (iii) an institutional accredited investor within the
meaning of Rule 501(a)(1), (2), (3), (7) or (8) under the 1933 Act.

f.              No
Registration. 
Buyer acknowledges that: (i) the Restricted Shares are not a part of the
IPO; (ii) the Restricted Shares are being offered in a transaction not
involving any public offering within the United States within the meaning of
the 1933 Act; (iii) the Company has not filed nor will it file a registration
statement in connection with, or otherwise register, the offer and sale of the
Restricted Shares under the 1933 Act or the securities laws of any state except
in accordance with the Registration Rights Agreement; and (iv) the solicitation
of bids and any offer or sale of the Restricted Shares are being made in
reliance on an exemption from the registration requirements of the 1933 Act.

g.             Investment Purpose:  No Distribution. 
Buyer is seeking to acquire the Restricted Shares for its own account or
an account or accounts with respect to which it exercises sole investment
discretion and each such account, if any, is an institutional accredited
investor and each such account, if any, is aware that the solicitation of bids
and any offer or sale of the Restricted Shares are being made in reliance on an
exemption from the registration requirements of the 1933 Act.  Buyer is seeking to acquire the Restricted
Shares for investment purposes only, and not with a view to the distribution
thereof, in whole or in part.

h.             Transfer
Restrictions. 
Buyer acknowledges that any subsequent transfer of the Restricted Shares
may be restricted under the 1933 Act or applicable state securities laws, and
that any securities so acquired will bear legends to such effect.

 5
 

i.              Condition
to Closing. 
Buyer acknowledges and agrees that the Closing is contingent upon the
closing of the IPO, and that if, for whatever reason, the IPO is not completed,
the Company shall not be obligated to issue and sell the Restricted Shares and
Buyer shall not be required to purchase the Restricted Shares and this
Agreement may be terminated in accordance with Section 5(k) below.

j.              Manner
of Issuance. 
Buyer acknowledges and agrees that the issuance of the Restricted Shares
shall be effected in accordance with Section 1 above.

3.             REPRESENTATIONS
AND WARRANTIES OF THE COMPANY

The
Company hereby represents and warrants to Buyer as of the date hereof and as of
the Closing Date that:

a.             Organization
and Qualification.  The Company is duly organized, validly
existing and, where applicable, in good standing under the laws of the
jurisdiction of its formation, has the requisite power and authority to own its
properties and to carry on its business as now being conducted and presently
proposed to be conducted, as applicable.

b.             Authorization;
Enforceability.  (i) The Company has the requisite
power and authority to enter into and perform this Agreement and the
Registration Rights Agreement, and to issue and/or sell the Restricted Shares
in accordance with the terms hereof; (ii) the execution and delivery of this
Agreement and the Registration Rights Agreement by the Company and the
consummation by the Company of the transactions contemplated hereby and
thereby, including the issuance of the Restricted Shares, have been duly
authorized and no further consent or authorization is required therefor; (iii)
this Agreement has been, and at Closing the Registration Rights Agreement will
be, duly executed and delivered by the Company; and (iv) assuming due execution
and delivery by Buyer, this Agreement constitutes, and the Registration Rights
Agreement will constitute, the valid and binding obligations of the Company
enforceable against it in accordance with their respective terms, except as
such enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium, liquidation or similar laws relating to, or
affecting generally, the enforcement of creditors’ rights and remedies or by
other equitable principles of general application or by the public policy
provisions of federal securities  laws.

c.             Issuance
of Securities. 
The Restricted Shares have been duly authorized and, upon issuance in
accordance with the terms hereof and thereof, shall be validly issued and fully
paid, and free from all taxes, liens and charges with respect to the issue
thereof.

 6
 

4.             TRANSFER AGENT INSTRUCTIONS

The
Company shall instruct its transfer agent to issue certificates, registered in
the name of the Buyer or its nominee, for the Restricted Shares in such amounts
as specified from time to time by the Buyer to the Company.  All such certificates shall bear a
restrictive legend of the type referred to in Section 2(h) of this
Agreement.  The Company warrants and
covenants that no instruction other than such instructions referred to in this
Section 4, and stop transfer instructions to give effect to Section 2(h) hereof
or any applicable provision of the Registration Rights Agreement, will be given
by the Company to its transfer agent and that the Restricted Shares shall
otherwise be freely transferable on the books and records of the Company as and
to the extent provided in this Agreement. 
Nothing in this Section 4 shall affect in any way Buyer’s obligations
and agreement to comply with all applicable securities laws upon the sale,
assignment or other transfer of the Shares. 
If Buyer provides the Company with an opinion of counsel, reasonably
satisfactory in form, scope and substance to the Company, that registration of
the sale, assignment or other transfer by Buyer of any of the Restricted Shares
is not required under the 1933 Act, the Company shall permit the transfer, and
promptly instruct its transfer agent to issue one or more certificates in such
name and in such denominations as specified by Buyer.

5.             GOVERNING
LAW; MISCELLANEOUS

a.             Governing
Law.  This Agreement shall be governed by and
interpreted in accordance with, the laws of the State of New York without
regard to the principles of conflict of laws to the extent that such principles
would require or permit the application of laws of another jurisdiction.

b.             Counterparts. 
This Agreement may be executed in two or more identical counterparts,
including, without limitation, by facsimile transmission (with copies sent by
U.S. mail to the other parties), all of which counterparts shall be considered
one and the same agreement and shall become effective when counterparts have
been signed by each party and delivered to the other party.  In the event any signature page is delivered
by facsimile transmission, the party using such means of delivery shall cause
four (4) additional original executed signature pages to be physically
delivered to the other party within five (5) days of the execution and delivery
hereof.

c.             Headings. 
The headings of this Agreement are for convenience of reference and
shall not form part of, or affect the interpretations of, this Agreement.

d.             Severability. 
If any provision of this Agreement shall be invalid or unenforceable in
any jurisdiction, such invalidity or unenforceability shall not affect the
validity or enforceability of the remainder of this Agreement.

e.             Entire
Agreement; Amendments.  This Agreement and
the Registration Rights Agreement contain the entire understanding of the
parties with respect to the matters covered herein and therein and, except as
specifically set forth herein or therein, none of the parties hereto makes any
representation, warranty, covenant or undertaking with respect to such
matters.  No provision of this Agreement
may be waived or amended other than by an instrument in writing signed by the party
to be charged with enforcement.

 7
 

f.              Notices. 
Any notices required or permitted to be given under the terms of this
Agreement shall be sent by mail or delivered personally, by courier or by
facsimile (with a copy by U.S. mail) and shall be effective five (5) days after
being placed in the mail, if mailed, certified or registered, return receipt
requested, or upon receipt, if delivered personally or by courier or by
facsimile (with a copy by U.S. mail), in each case properly addressed to the
party to receive the same.  The addresses
for such communications shall be:

If to the Company:

	
  

  	
   

  	
  Atlas Industries Holdings LLC

  
	
   

  	
   

  	
  One Sound Shore Drive

  
	
   

  	
   

  	
  Suite 302

  	
   

  	
   

  
	
   

  	
   

  	
  Greenwich, CT 06830

  
	
   

  	
   

  	
  Telephone:

  	
   

  	
  (203) 983-7933

  
	
   

  	
   

  	
  Facsimile:

  	
   

  	
  (203) 622-0151

  
	
   

  	
   

  	
  Attention:

  	
   

  	
  Andrew M. Bursky

  

 

With a copy to:

	
  

  	
   

  	
  McDermott Will & Emery LLP

  
	
   

  	
   

  	
  600 Thirteenth Street, N.W.

  
	
   

  	
   

  	
  Washington, DC 
  20005

  
	
   

  	
   

  	
  Telephone:

  	
   

  	
  (202) 756-8126

  
	
   

  	
   

  	
  Facsimile:

  	
   

  	
  (202) 756-8087

  
	
   

  	
   

  	
  Attention:

  	
   

  	
  Christopher M. Zochowski

  

 

If to the Buyer:

	
  

  	
   

  	
  Allstate Life Insurance Company [UPDATE]

  
	
   

  	
   

  	
  197 Clarendon Street C-2

  
	
   

  	
   

  	
  Boston, MA 02116

  
	
   

  	
   

  	
  Telephone:

  	
   

  	
  (617) 572-5343

  
	
   

  	
   

  	
  Facsimile:

  	
   

  	
  (617) 572-1165

  
	
   

  	
   

  	
  Attention:

  	
   

  	
  Bond & Corporate Finance Group

  

 

With
a copy to such parties as the Buyer may designate from time to time.

Each party hereto shall
provide notice to the other party of any change in address.

g.             Successors
and Assigns.  This Agreement shall be binding upon and
inure to the benefit of the parties.  The
Company shall not assign this Agreement or any rights or obligations hereunder
without the prior written consent of the Buyer. 
Buyer may not assign its rights hereunder without the consent of the
Company.

 8
 

h.             No
Third Party Beneficiaries.  This Agreement is intended for the benefit of
the parties hereto and their respective permitted successors and assigns, and
is not for the benefit of, nor may any provision hereof be enforced by, any
other person.

i.              Publicity.  Except with respect to or made in relation to
the IPO, the parties shall have the right to approve before issuance any press
releases or any other public statements with respect to the transactions
contemplated hereby; provided, however,
that the Company shall be entitled, without the prior approval of the Buyer, to
make any press release or other public disclosure with respect to such
transactions as is required by applicable law and regulations (although the
Buyer shall be consulted by the Company in connection with any such press release
or other public disclosure prior to its release and shall be provided with a
copy thereof).

j.              Further
Assurances. 
Each party shall do and perform, or cause to be done and performed, all
such further acts and things, and shall execute and deliver all such other
agreements, certificates, instruments and documents, as the other party may
reasonably request in order to carry out the intent and accomplish the purpose
of this Agreement and the consummation of the transactions contemplated hereby.

k.            Termination.  In the event that the IPO is terminated, this
Agreement shall automatically be terminated and be of no further force and
effect.

[Signature Pages Follow]

 9
 

IN WITNESS WHEREOF, the Parties hereto have
caused this Agreement to be executed as of the day and year first above
written.

	
  

  	
   

  	
   

  	
   

  	
  ATLAS INDUSTRIES HOLDINGS LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  /s/ Timothy Fazio

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
   

  	
  Timothy Fazio

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
   

  	
  President

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  ALLSTATE LIFE INSURANCE COMPANY

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
  John Hancock Life Insurance Company,

  as its Attorney in Fact

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
  /s/ E. Kendall Hines, Jr.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Name: E.
  Kendall Hines, Jr.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Title:
  Senior Managing Director

  

 

 10

 

EXHIBIT A

REGISTRATION
RIGHTS AGREEMENT

[to be attached]

 

Allstate
Life Insurance Company

SCHEDULE
A

Capitalized
terms used, but not otherwise defined herein shall have the meaning set forth
in

the Agreement to which this Schedule A is attached.

Definitions:

“Actual Purchase Price —
Forest” shall mean the sum of (i) the
actual purchase price of Forest, as set forth in the Company’s Final
Prospectus, plus (ii) the actual purchase price of
CanAmPac, as set forth in the Company’s Final Prospectus.

“Actual Purchase Price —
Pangborn” shall mean the actual purchase price of Pangborn, as
set forth in the Company’s Final Prospectus.

“Actual Share Price”
shall mean the actual price per Common Share issued and sold in connection with
the Company’s IPO, as set forth in the Company’s Final Prospectus.

“Assumed Investment — Forest”
shall mean, with respect to any Person, the product of (i)
the Assumed Share Price, multiplied by
(ii) the Unit Allocation — Forest with respect to such Person.

“Assumed Investment —
Pangborn” shall mean, with respect to any Person, the product of (i) the Assumed Share Price, multiplied
by (ii) the Unit Allocation — Pangborn with respect to such Person.

“Assumed Purchase Price —
Forest” shall mean $138,500,000.

“Assumed Purchase Price —
Pangborn” shall mean $22,500,000.

“Assumed Share Price”
shall mean $15.00.

 “CanAmPac” shall mean CanAmPac ULC, a
Nova Scotia unlimited liability company.

“Capital Contribution”
shall mean, with respect to any Person, the sum of (i) the
Net Investment — Forest with respect to such Person, plus (ii)
the Net Investment — Pangborn with respect to such Person.

“Effective Tax Rate”
shall mean, with respect to any Person, the percentage set forth in the column
entitled “Effective Tax Rate” on Exhibit A to this Schedule A in
the row relating to such Person.

“Forest”
shall mean Forest Resources LLC, a Delaware limited liability company.

“Gross Investment — Forest”
shall mean, with respect to any Person, the product of (i)
the Actual Share Price, multiplied by
(ii) the Gross Units — Forest with respect to such Person.

“Gross Investment —
Pangborn” shall mean, with respect to any Person, the product of (i) the Actual Share Price, multiplied
by (ii) the Gross Units — Pangborn with respect to such Person.

“Gross Units — Forest”
shall mean, with respect to any Person, the product of (i)
the product of (x) the Unit Allocation —
Forest with respect to such Person, multiplied by (y)
the Share Price Multiplier, multiplied by (ii)
Purchase Price Multiplier — Forest; provided,
that the product thereof shall be rounded up to the nearest whole number.

“Gross Units — Pangborn”
shall mean, with respect to any Person, the product of (i)
the product of (x) the Unit Allocation —
Pangborn with respect to such Person, multiplied by (y)
the Share Price Multiplier, multiplied by (ii)
Purchase Price Multiplier — Pangborn; provided,
that the product thereof shall be rounded up to the nearest whole number.

“Incremental Tax Liability —
Forest” shall mean, with respect to any Person, the product of (i) the sum of (x) the
Gross Investment — Forest with respect to such Person, minus (y)
the Assumed Investment — Forest with respect to such Person, multiplied by (ii) the Effective Tax Rate with respect to
such Person.

“Incremental Tax Liability —
Pangborn” shall mean, with respect to any Person, the product of (i) the sum of (x) the
Gross Investment — Pangborn with respect to such Person, minus (y)
the Assumed Investment — Pangborn with respect to such Person, multiplied by (ii) the Effective Tax Rate with respect to
such Person.

“Net Investment — Forest”
shall mean, with respect to any Person, the Gross Investment — Forest with
respect to such Person; provided, however, that if the Actual Purchase
Price — Forest exceeds the Assumed Purchase
Price — Forest, then “Net Investment — Forest”
shall mean, with respect to any Person, the product of (i)
the Net Units — Forest with respect to such Person, multiplied
by (ii) the Actual Share Price.

“Net Investment — Pangborn”
shall mean, with respect to any Person, the Gross Investment — Pangborn with
respect to such Person; provided, however, that if the Actual Purchase
Price — Pangborn exceeds the Assumed Purchase
Price — Pangborn, then “Net Investment — Pangborn”
shall mean, with respect to any Person, the product of (i)
the Net Units — Pangborn with respect to such Person, multiplied
by (ii) the Actual Share Price.

“Net Units — Forest”
shall mean, with respect to any Person, the Gross Units — Forest with respect
to such Person; provided,  however, that if the Actual Purchase Price — Forest exceeds the Assumed Purchase Price — Forest, then “Net Units — Forest” shall mean, with
respect to any Person, the result of (i)
the sum of (x) the Gross Investment — Forest
with respect to such Person, minus (y) the
Incremental Tax Liability — Forest with respect to such Person, divided  by (ii) the
Actual Share Price; provided,
that the result thereof shall be rounded up to the nearest whole number.

“Net Units — Pangborn”
shall mean, with respect to any Person, the Gross Units — Pangborn with respect
to such Person; provided,  however, that if the Actual Purchase Price —
Pangborn exceeds the Assumed Purchase Price —
Pangborn, then “Net Units — Pangborn” shall
mean, with respect to any Person, the result of (i)
the sum of (x) the Gross Investment —
Pangborn with respect to such Person, minus (y) the
Incremental Tax Liability — Pangborn with respect to such Person, divided  by (ii) the
Actual Share Price; provided,
that the result thereof shall be rounded up to the nearest whole number.

“Number of  Shares” shall mean, with respect to
any Person, the sum of (i) the Net Units — Forest
with respect to such Person, plus (ii) the
Net Units — Pangborn with respect to such Person.

“Pangborn”
shall mean Capital Equipment Resources LLC, a Delaware limited liability
company.

 2
 

“Person”
shall mean any natural person, partnership, trust, estate, association
(including any group, organization, co-tenancy, plan, board, council or
committee), limited liability company, corporation, custodian, nominee,
government (including a country, state, county or any other governmental
subdivision, agency or instrumentality), body politic or any other entity (or
series thereof) in its own or any representative capacity.

“Purchase Price Multiplier —
Forest” shall mean the result of (i)
the Actual Purchase Price — Forest, divided by (ii)
the Assumed Purchase Price — Forest.

“Purchase Price Multiplier —
Pangborn” shall mean the result of (i)
the Actual Purchase Price — Pangborn, divided by (ii)
the Assumed Purchase Price — Pangborn.

“Share Price Multiplier”
shall mean the result of (i) Assumed Share
Price, divided by (ii) the Actual Share Price.

“Unit Allocation — Forest”
shall mean, with respect to any Person, the number of units set forth in the
column entitled “Unit Allocation — Forest” on Exhibit A to this Schedule
A in the row relating to such Person.

“Unit Allocation — Pangborn”
shall mean, with respect to any Person, the number of units set forth in the
column entitled “Unit Allocation — Pangborn” on Exhibit A to this Schedule
A in the row relating to such Person.

 3

Exhibit A

	
  

  	
   

  	
   

  	
   

  	
  Unit Allocation -

  	
   

  	
  Unit Allocation -

  	
   

  	
  Effective

  	
   

  
	
   

  	
  Name

  	
   

  	
   

  	
  Shares

  	
   

  	
  Forest

  	
   

  	
  Pangborn

  	
   

  	
  Tax Rate

  	
   

  
	
  Allstate Life Insurance
  Company

  	
   

  	
  *

  	
   

  	
  5,475.00

  	
   

  	
  —

  	
   

  	
  38.0

  	
  %

  
												

*                    The
Number of Shares to be acquired by the Buyer pursuant to Section 9 of the
Agreement shall be completed upon consummation of the IPO and shall be equal to the Number of Shares,
with respect to the Buyer, calculated and determined by reference to the
definitions set forth on Schedule A to which this Exhibit A is attached
and the information set forth next to the Buyer’s name on Schedule A to
which this Exhibit A is attached.

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