SEC Contract Filing

Filing Date: 2022-12-09

Document Content:
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<TYPE>EX-10.1
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<DESCRIPTION>EX-10.1
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">December 7, 2022 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Chart Industries, Inc. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">2200 Airport Industrial Drive Suite # 100 Ball Ground, Georgia 30107 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Attention: Jillian C. Evanko, Chief Executive Officer </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:Times New Roman">Herbert G. Hotchkiss, VP, General Counsel and Secretary </P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">Email:</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>jillian.evanko@chartindustries.com</U> </P></TD></TR></TABLE>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:Times New Roman"><U>herbert.hotchkiss@chartindustries.com</U> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Granite Holdings II, B.V. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">c/o KPS Capital Partners, LP </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">One Vanderbilt Avenue </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">52<SUP
STYLE="font-size:75%; vertical-align:top">nd</SUP> Floor </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">New York, NY 10017 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Attention: Raquel Palmer </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Email: rpalmer@kpsfund.com </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Re: Offering of Buyer Common and Preferred Shares </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ladies and Gentlemen: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Reference is made to that
certain Equity Purchase Agreement, dated as of November 8, 2022, by and among Granite Holdings I B.V., a private company with limited liability (<I>besloten vennootschap met beperkte aansprakelijkheid</I>) having its seat in Amsterdam (the
&#147;<U>Primary Seller</U>&#148;), Granite Holdings II B.V., a private company with limited liability (<I>besloten vennootschap met beperkte aansprakelijkheid</I>) having its seat in Amsterdam (&#147;BV II&#148;), Granite US Holdings GP, LLC, a
Delaware limited liability company (&#147;<U>US GP Seller</U>&#148; and, together with Primary Seller and BV II, the &#147;<U>Sellers</U>&#148;), the Acquired Companies (as defined therein) and Chart Industries, Inc., a Delaware corporation
(&#147;<U>Buyer</U>&#148;) (as the same may be amended, restated or supplemented, the &#147;<U>Purchase Agreement</U>&#148;). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Purchase
Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As discussed, Buyer has determined to offer for sale, issue and sell in a public offering approximately (x) $600&nbsp;million
of Buyer Common Shares and (y) $300&nbsp;million of depositary shares (the &#147;<U>Depositary Shares</U>&#148;) representing a fractional interest in the rights and preferences of a newly created series of Series B Mandatory Convertible Preferred
Stock, par value $0.01 per share (the &#147;<U>Series B Preferred Shares</U>&#148; and such offering, issuance and sale of Buyer Common Shares and Depositary Shares, the &#147;<U>Offering</U>&#148;); provided, however, that the Offering may be
upsized in respect of the size of the tranches of such Buyer Common Shares and/or Series B Preferred Shares. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Indicative terms of the
Offering, including the Depositary Shares and Series B Preferred Shares are set forth in the draft preliminary prospectus supplement and draft offering summary attached hereto as <U>Exhibit A</U>. Buyer shall cause Morgan Stanley&nbsp;&amp; Co. LLC
(&#147;<U>Morgan Stanley</U>&#148;), as its lead underwriter, to use its reasonable best efforts to offer and sell the Depositary Shares on </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">terms and
conditions consistent in all material respects with those set forth on <U>Exhibit A</U>; provided, however, that the parties agree and acknowledge that such terms and conditions are indicative and are subject to market conditions. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Accordingly, so long a