-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 LCe/SIUTfz/f2B+z4LpblRkanKCGI9LCICiMgGrxGrhSXaQ408/2bSfi0h8JwaTH
 Fde1bFvPV7Z48RYVE5qCPA==

<SEC-DOCUMENT>0001193125-08-047703.txt : 20080305
<SEC-HEADER>0001193125-08-047703.hdr.sgml : 20080305
<ACCEPTANCE-DATETIME>20080305141915
ACCESSION NUMBER:		0001193125-08-047703
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20080304
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Unregistered Sales of Equity Securities
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20080305
DATE AS OF CHANGE:		20080305

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITHFIELD FOODS INC
		CENTRAL INDEX KEY:			0000091388
		STANDARD INDUSTRIAL CLASSIFICATION:	MEAT PACKING PLANTS [2011]
		IRS NUMBER:				520845861
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15321
		FILM NUMBER:		08667313

	BUSINESS ADDRESS:	
		STREET 1:		200 COMMERCE STREET
		STREET 2:		EXECUTIVE OFFICE BUILDING
		CITY:			SMITHFIELD
		STATE:			VA
		ZIP:			23430
		BUSINESS PHONE:		7573653000

	MAIL ADDRESS:	
		STREET 1:		200 COMMERCE STREET
		STREET 2:		EXECUTIVE OFFICE BUILDING
		CITY:			SMITHFIELD
		STATE:			VA
		ZIP:			23430

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIBERTY EQUITIES CORP
		DATE OF NAME CHANGE:	19710221

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIBERTY REAL ESTATE TRUST
		DATE OF NAME CHANGE:	19661113
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d8k.htm
<DESCRIPTION>SMITHFIELD FOODS, INC.
<TEXT>
<HTML><HEAD>
<TITLE>SMITHFIELD FOODS, INC.</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P
STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="margin-top:3px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>UNITED STATES </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="3"><B>WASHINGTON, D.C. 20549 </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P
STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>FORM 8-K </B></FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>CURRENT REPORT </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>Pursuant to Section&nbsp;13 or 15(d) of the </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>Securities Exchange Act of 1934 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2"><B>Date of report (Date of earliest event reported):&nbsp;March 4, 2008 </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P
STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="6"><B>Smithfield Foods, Inc. </B>
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Exact Name of Registrant as Specified in Charter) </B></FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Virginia</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>1-15321</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>52-0845861</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(State or Other Jurisdiction</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>of Incorporation)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Commission File Number)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(IRS Employer</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>Identification No.)</B></FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>200 Commerce Street</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>Smithfield, Virginia</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>23430</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Address of Principal Executive Offices)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Zip Code)</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Registrant&#146;s telephone number, including area code: (757)&nbsp;365-3000 </B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>N/A </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Former Name or Former Address,
if Changed Since Last Report) </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></TD></TR></TABLE> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></TD></TR></TABLE> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:3px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P
STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;1.01. Entry into a Material Definitive Agreement. </B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">On March&nbsp;4, 2008, Smithfield Foods, Inc., a Virginia corporation (&#147;Smithfield Foods&#148;), and JBS S.A., a company organized and existing under
the laws of Brazil (&#147;JBS&#148;), entered into a Stock Purchase Agreement, dated March&nbsp;4, 2008 (the &#147;JBS Agreement&#148;). Pursuant to the JBS Agreement, Smithfield Foods will sell Smithfield Beef Group, Inc. (&#147;Smithfield
Beef&#148;), its beef processing and cattle feeding operation, to JBS for $565.0 million in cash (the &#147;JBS Transaction&#148;). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The
sale to JBS will include 100 percent of Five Rivers Ranch Cattle Feeding LLC (&#147;Five Rivers&#148;), which is currently held by Smithfield Beef in a 50/50 joint venture with Continental Grain Company (&#147;CGC,&#148; formerly ContiGroup
Companies, Inc.). Smithfield Foods and CGC have entered into a Purchase Agreement, dated March&nbsp;4, 2008 (the &#147;Five Rivers Agreement&#148; and together with the JBS Agreement, the &#147;Agreements&#148;), pursuant to which, immediately
before the closing of the JBS Transaction, Smithfield Beef will acquire from CGC the 50 percent of Five Rivers that it does not presently own in exchange for 2.167&nbsp;million shares of Smithfield Foods common stock (individually the &#147;Five
Rivers Transaction&#148; and together with the JBS Transaction, the &#147;Transactions&#148;). CGC is a beneficial owner of more than 7 percent of Smithfield Foods&#146; common stock. Paul J. Fribourg, a member of Smithfield Foods&#146; board of
directors, is Chairman, President and Chief Executive Officer of CGC. Michael J. Zimmerman, a Smithfield Foods advisory director, is Executive Vice President and Chief Financial Officer of CGC. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The purchase price for the JBS Transaction is subject to customary adjustments, including adjustments for differences in working capital at closing from
agreed-upon targets. Smithfield Foods has made customary representations and warranties in the JBS Agreement, which are sometimes qualified by knowledge and/or materiality. The JBS Agreement also includes customary covenants relating to Smithfield
Beef&#146;s conduct of its business between the date of signing the JBS Agreement and the date of closing of the JBS Transaction. The JBS Transaction remains subject to certain customary closing conditions, including expiration or termination of all
waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The JBS Agreement may be terminated under certain circumstances, including by mutual written consent of both Smithfield Foods and JBS or by either party if
the JBS Transaction has not been consummated on or before the first anniversary of the signing date. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The JBS Transaction excludes
substantially all live cattle inventories held by Smithfield Beef and Five Rivers as of the closing date, together with the associated debt. Live cattle currently owned by Five Rivers will be transferred to a new 50/50 joint venture between
Smithfield Foods and CGC, while live cattle currently owned by Smithfield Beef will be transferred to another subsidiary of Smithfield Foods. The excluded live cattle will be raised by JBS after closing for a negotiated fee and then sold at maturity
at market-based prices. Proceeds from the sale of the excluded live cattle will be paid in cash to the Smithfield Foods/CGC joint venture or to Smithfield Foods, as appropriate. Smithfield Foods believes that most of the live cattle inventories will
be sold within six months after closing, with substantially all sold within 12 months after closing. The proceeds from the sale of Smithfield Beef&#146;s live cattle inventories, together with Smithfield Foods&#146; 50 percent interest in Five
Rivers&#146; cattle inventory, net of the associated debt, are expected to be in excess of $200 million. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">1 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The purchase price for the Five Rivers Transaction is also subject to customary adjustments, including an
adjustment for any difference in working capital and certain asset values at closing from the agreed-upon targets. The Five Rivers Agreement includes customary representations and warranties and covenants, including covenants relating to cooperation
in obtaining approvals and Five Rivers&#146; conduct of its business between the date of signing the Five Rivers Agreement and the date of closing the Five Rivers Transaction. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The Transactions are expected to close simultaneously as soon as possible subject to customary regulatory review and closing conditions. Smithfield Foods
expects that the net proceeds of the Transactions will be used primarily for debt reduction. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The foregoing descriptions of the Agreements
are not complete and are qualified in their entirety by references to the JBS Agreement and the Five Rivers Agreement, which are attached hereto as <U>Exhibit 2.1</U> and <U>Exhibit 2.2</U>, respectively, and are incorporated herein by reference.
</FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;3.02. Unregistered Sales of Equity Securities. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">The issuance of Smithfield Foods&#146; common stock to CGC in connection with the Five Rivers Transaction has not been and will not be registered under the Securities Act of 1933, as amended (the &#147;Securities
Act&#148;), and will be conducted in reliance on the exemption for nonpublic offerings provided by Section&nbsp;4(2) of the Securities Act and Rule 506 of Regulation D promulgated thereunder and analogous state securities law provisions. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;7.01. Regulation FD. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">On March&nbsp;5,
2008, Smithfield Foods issued a press release announcing the Transactions. A copy of the press release is attached hereto as <U>Exhibit 99.1</U> and incorporated herein by reference. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The information in Item&nbsp;7.01 of this Current Report on Form 8-K shall not be deemed &#147;filed&#148; for purposes of Section&nbsp;18 of the
Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing made by Smithfield Foods under the Securities Act. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><B>Item&nbsp;9.01. Financial Statements and Exhibits. </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><I>Exhibits</I>. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">2.1 Stock Purchase Agreement, dated
March&nbsp;4, 2008, by and among Smithfield Foods, Inc., and JBS S.A.* </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">2.2 Purchase Agreement, dated March&nbsp;4, 2008, by and among
Continental Grain Company, ContiBeef LLC, Smithfield Foods, Inc., and MF Cattle Feeding, Inc.* </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">99.1 Press release, issued by Smithfield
Foods, Inc. on March&nbsp;5, 2008, announcing the Transactions. </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">*</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pursuant to Rule 601(b)(2) of Regulation S-K, Smithfield Foods agrees to furnish supplementally to the Securities and Exchange Commission, upon request, any omitted schedules or
similar attachments to Exhibits&nbsp;2.1 and 2.2. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Cautionary Statement Regarding Forward-Looking Statements </B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Certain statements in this report are forward-looking as defined by the Private Securities Litigation Reform Act of 1995. These include statements as to
the expected timing, completion and effects of the proposed Transactions. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made as well as predictions as to future facts and conditions
the accurate prediction of which may be difficult and involve the assessment of events beyond the control of Smithfield Foods. Due to known and unknown risks, actual results may differ materially from expectations or projections. Smithfield Foods
does not undertake any obligations to update any forward-looking statement, whether written or oral, relating to matters discussed in this report. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: the parties may be unable to obtain governmental and regulatory approvals required for the
Transactions; required governmental or regulatory approvals may delay the Transactions or result in the imposition of conditions that could cause the parties to abandon the Transactions; the parties may be unable to complete the Transactions
because, among other reasons, conditions to the closing of the Transactions may not be satisfied or waived; or other factors that may be referred to in Smithfield Foods&#146; reports filed with or furnished to the Securities and Exchange Commission
from time to time. There can be no assurance that other factors not currently anticipated by Smithfield Foods will not materially and adversely affect future events. Viewers of this report are cautioned to consider these risks and uncertainties and
not to place undue reliance on the forward-looking statements. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">3 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>SIGNATURES </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Dated: March&nbsp;5, 2008 </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>SMITHFIELD FOODS, INC.</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Michael H. Cole</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Michael H. Cole</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Vice President, Chief Legal Officer and Secretary</FONT></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">4 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>EXHIBIT INDEX </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="91%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:41pt"><FONT FACE="Times New Roman" SIZE="1"><B>Exhibit&nbsp;No.:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="Times New Roman" SIZE="1"><B>Description:</B></FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;2.1</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Stock Purchase Agreement, dated March 4, 2008, by and among Smithfield Foods, Inc., and JBS S.A.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;2.2</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Purchase Agreement, dated March 4, 2008, by and among Continental Grain Company, ContiBeef LLC, Smithfield Foods, Inc., and MF Cattle Feeding, Inc.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">99.1</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Press release, issued by Smithfield Foods, Inc. on March 5, 2008, announcing the Transactions.</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">5 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-2.1
<SEQUENCE>2
<FILENAME>dex21.htm
<DESCRIPTION>STOCK PURCHASE AGREEMENT
<TEXT>
<HTML><HEAD>
<TITLE>STOCK PURCHASE AGREEMENT</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 2.1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="right"><FONT
FACE="Times New Roman" SIZE="2"><U>EXECUTION COPY </U></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>STOCK PURCHASE AGREEMENT </B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>BY AND BETWEEN </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>SMITHFIELD FOODS,
INC. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>AND </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>JBS
S.A. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>March&nbsp;4, 2008 </B></FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>TABLE OF CONTENTS </U></B></FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Page</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5" NOWRAP><FONT FACE="Times New Roman" SIZE="2">ARTICLE I&nbsp;&nbsp;&nbsp;&nbsp;DEFINITIONS</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Additional Contracts</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Affiliate</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Agreement</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Asset Transfers</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Business Day</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.6.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Buyer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.7.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Buyer&#146;s Closing Certificate</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.8.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Buyer&#146;s Secretary&#146;s Certificate</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.9.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Cattle Inventory</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.10.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Cattle Supply and Custom Feeding Agreements</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.11.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Closing</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.12.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Closing Date</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.13.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">COBRA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.14.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Code</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.15.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Company</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.16.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Company Employees</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.17.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Confidentiality Agreement</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.18.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Contracts</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.19.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Dollars</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.20.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Effective Time of Closing</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.21.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Employee Benefit Plans</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.22.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Environmental Laws</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.23.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Environmental Permits</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.24.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">ERISA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.25.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">ERISA Affiliate</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.26.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Estimated Purchase Price</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.27.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Estimated Statement of Working Capital</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.28.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Estimated Working Capital</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.29.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Excluded Assets</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.30.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Excluded Contracts</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.31.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Excluded Intangibles</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.32.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Excluded Liabilities</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.33.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Federal Income Tax</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.34.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Final Purchase Price</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.35.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Final Statement of Working Capital</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.36.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Final Working Capital</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.37.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Five Rivers LLC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.38.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">GAAP</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.39.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Governmental Authority</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.40.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Hazardous Materials</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(i) </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.41.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">HSR Act</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.42.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Income Tax</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.43.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Initial Purchase Price</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.44.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Initial Statement of Working Capital</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.45.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Intangible Assets</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.46.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">IRS</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.47.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">JBS Guarantee</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.48.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Knowledge of Seller</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.49.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Law</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.50.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Liens</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.51.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Liens to be Released Prior to Closing</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.52.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Material Adverse Effect</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.53.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Material Contract</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.54.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Non-Competition Agreements</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.55.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Non-Competition Period</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.56.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">PBGC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.57.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Pension Plans</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.58.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Permits</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.59.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Permitted Liens</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.60.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Person</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.61.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Qualified Plans</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.62.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Real Property</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.63.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Release</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.64.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Restraints</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.65.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Seller</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.66.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Seller&#146;s Closing Certificate</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.67.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Seller&#146;s Secretary&#146;s Certificate</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.68.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Special Accounting Principles</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.69.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">State Income Tax</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.70.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Stock</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.71.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Subsidiary; Subsidiaries</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.72.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Target Working Capital</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.73.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Tax or Taxes</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.74.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Tax Return</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.75.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Tenant Leases</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.76.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">WARN</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.77.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Welfare Plans</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 1.78.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Working Capital</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">14</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="5"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5" NOWRAP><FONT FACE="Times New Roman" SIZE="2">ARTICLE II&nbsp;&nbsp;&nbsp;&nbsp;PRE-CLOSING ASSET AND LIABILITY TRANSFERS; PURCHASE AND SALE OF STOCK</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">14</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 2.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Certain Actions to be Taken Prior to Closing</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">14</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 2.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Purchase and Sale; Payment of Estimated Purchase Price</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">16</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 2.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Final Statement of Working Capital; Settlement of Final Purchase Price</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">17</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(ii) </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5" NOWRAP><FONT FACE="Times New Roman" SIZE="2">ARTICLE III&nbsp;&nbsp;&nbsp;&nbsp;REPRESENTATIONS AND WARRANTIES OF SELLER</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">19</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Organization of Seller</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">19</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Authorization; Enforceability</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">19</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Violation or Conflict by Seller</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">19</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Title to Stock</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">20</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Organization and Authority of the Company and its Subsidiaries</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">20</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.6.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Capitalization of the Company and its Subsidiaries</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">21</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.7.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Consents and Approvals; No Violation or Conflict by the Company</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.8.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Title to and Sufficiency of Assets</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.9.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Real Property</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">23</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.10.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Intangible Assets</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">24</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.11.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Contracts</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">25</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.12.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Litigation</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">26</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.13.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">September Balance Sheet</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">27</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.14.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Tax Matters</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">28</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.15.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Employee Benefit Plans</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">30</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.16.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Labor Matters</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">33</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.17.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Compliance with Law</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">34</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.18.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Environmental Matters</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">35</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.19.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Related Party Transactions</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">38</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.20.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Adverse Change</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">38</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.21.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Broker</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">41</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 3.22.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Insurance</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">41</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="5"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5" NOWRAP><FONT FACE="Times New Roman" SIZE="2">ARTICLE IV&nbsp;&nbsp;&nbsp;&nbsp;REPRESENTATIONS AND WARRANTIES OF BUYER</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">41</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 4.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Organization of Buyer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">41</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 4.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Authorization; Enforceability</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">42</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 4.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Violation or Conflict</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">42</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 4.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Broker</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">43</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 4.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Purchase for Investment</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">43</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 4.6.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Financing</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">44</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 4.7.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Intermediary</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">44</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="5"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5" NOWRAP><FONT FACE="Times New Roman" SIZE="2">ARTICLE V&nbsp;&nbsp;&nbsp;&nbsp;CERTAIN MATTERS PENDING THE CLOSING</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">44</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 5.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Carry on in Regular Course</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">44</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 5.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Compensation</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">45</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 5.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Compliance with Law</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">45</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 5.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Access</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">46</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 5.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Filings; Approvals and Consents; Cooperation</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">46</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 5.6.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Publicity</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">49</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 5.7.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Confidentiality</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">49</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 5.8.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Title Insurance and Survey</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">49</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 5.9.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Termination of Certain Intercompany Contracts</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">49</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 5.10.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Update of Company Disclosure Schedule; Knowledge of Breach</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">50</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 5.11.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Certain Notices</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">50</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 5.12.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Landlord Estoppels</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">51</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(iii) </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5" NOWRAP><FONT FACE="Times New Roman" SIZE="2">ARTICLE VI CONDITIONS PRECEDENT TO THE OBLIGATIONS OF BUYER</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">51</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Compliance with Agreement</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">51</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Injunction or Restraint</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">51</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Representations and Warranties</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">51</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Antitrust Filings</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">52</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Consents</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">52</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.6.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Deliveries at Closing</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">52</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.7.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Five Rivers LLC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">52</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.8.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Release of Liens</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">52</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.9.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Absence of Proceedings</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">53</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.10.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">FIRPTA Affidavit</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">53</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="5"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5" NOWRAP><FONT FACE="Times New Roman" SIZE="2">ARTICLE VII&nbsp;&nbsp;&nbsp;&nbsp;CONDITIONS PRECEDENT TO THE OBLIGATIONS OF SELLER</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">53</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;7.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Compliance with Agreement</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">53</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;7.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Injunction or Restraint</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">53</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;7.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Representations and Warranties</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">53</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;7.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Antitrust Filings</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">54</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;7.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Deliveries at Closing</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">54</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;7.6.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Absence of Proceedings</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">54</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;7.7.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Consents</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">54</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="5"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5" NOWRAP><FONT FACE="Times New Roman" SIZE="2">ARTICLE VIII&nbsp;&nbsp;&nbsp;&nbsp;INDEMNIFICATION AND ADDITIONAL COVENANTS</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">54</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Seller&#146;s Indemnity</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">54</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Buyer&#146;s Indemnity</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">58</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Employee Benefit Matters</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">60</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">WARN Matters</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">62</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Tax Matters</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">63</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.6.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Indemnity Amounts to be Computed on After-Tax Basis</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">70</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.7.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Records</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">71</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.8.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Use of Excluded Intangibles</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">71</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.9.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Cooperation in Third-Party Proceedings</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">72</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.10.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Further Assurances</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">73</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.11.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Disclaimer of Implied Warranties</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">73</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.12.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Non-Competition and Non-Solicitation</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">73</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.13.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Release of Seller Guarantees</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">75</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.14.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Five Rivers LLC Closing Date Balance Sheet</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">76</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.15.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Tolleson Bone Rendering Facility Repair</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">77</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="5"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5" NOWRAP><FONT FACE="Times New Roman" SIZE="2">ARTICLE IX&nbsp;&nbsp;&nbsp;&nbsp;TERMINATION</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">77</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;9.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Termination</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">77</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;9.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Rights on Termination; Waiver</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">78</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="5"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5" NOWRAP><FONT FACE="Times New Roman" SIZE="2">ARTICLE X&nbsp;&nbsp;&nbsp;&nbsp;MISCELLANEOUS</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">79</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;10.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Entire Agreement; Amendment; No Waiver</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">79</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;10.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Expenses</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">79</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;10.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Governing Law; Consent to Jurisdiction; Voluntary Waiver of Jury Trial</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">80</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">iv </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="85%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;10.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Assignment</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">81</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 10.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Notices</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">82</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 10.6.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Counterparts; Headings</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">83</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 10.7.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Interpretation</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">83</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 10.8.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Severability</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">83</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section 10.9.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Specific Performance</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">83</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;10.10.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Reliance</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">84</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(v) </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>EXHIBITS </U></B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="11%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="88%"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit&nbsp;1.7</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Buyer&#146;s Closing Certificate</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit&nbsp;1.10</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Cattle Supply and Custom Feeding Agreements</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.31</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Excluded Intangibles</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.44</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Initial Statement of Working Capital</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.45</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Intangible Assets</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.47</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">JBS Guarantee</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.48</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Knowledge of Seller</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.54</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Non-Competition Agreements</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.58</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Permits</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.59</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Permitted Liens</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.62</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Real Property</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.66</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Seller&#146;s Closing Certificate</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.68</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Special Accounting Principles</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.75</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Tenant Leases</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit&nbsp;2.1(a)-1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Excluded Assets</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 2.1(a)-2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Excluded Liabilities</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 2.1(a)-3</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Excluded Contracts</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 2.1(a)-4</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Assignment and Assumption Agreement</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 2.1(b)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Additional Contracts</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 2.1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Liens to be Released Prior to Closing</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.3</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Seller Required Consents</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.6</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Capitalization</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.7</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Company Required Consents</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.10</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Intangible Assets Matters</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.11</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Contracts</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.12</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Company Litigation</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.13-1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">September Balance Sheet</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.13-2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Additional Matters</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.14</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Taxes</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.15</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Employee Benefit Plans</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.16</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Labor Matters</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.18</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Environmental Matters</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.19</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Related Party Transactions</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.20</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Company Adverse Changes</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 3.22</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Insurance</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 4.3</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Buyer Required Consents</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 5.9</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Termination of Certain Intercompany Contracts</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 8.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Indemnification Matters</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 8.12</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Non-Competition and Non-Solicitation</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 8.13</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Release of Seller Guarantees</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(vi) </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>STOCK PURCHASE AGREEMENT </U></B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%;padding-bottom:3px;line-Height:95%; vertical-align:top"><FONT FACE="Times New Roman" SIZE="2"><B>STOCK PURCHASE AGREEMENT</B>, made as of the 4</FONT><FONT FACE="Times New Roman"
SIZE="1"><SUP>th</SUP></FONT><FONT FACE="Times New Roman" SIZE="2"> day of March, 2008, by and between <B>SMITHFIELD FOODS, INC.</B>, a Virginia corporation, and <B>JBS S.A.</B>, a corporation organized under the laws of Brazil. </FONT></P> <P
STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>RECITALS </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>WHEREAS</B>,
Seller owns the Stock, which constitutes all of the issued and outstanding capital stock of the Company, which in turn directly or indirectly owns the assets employed to conduct Seller&#146;s beef business in the United States; and </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>WHEREAS</B>, Seller desires to sell the Stock to Buyer and Buyer desires to purchase the Stock from Seller. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>NOW, THEREFORE</B>, in consideration of the Recitals and of the mutual covenants, conditions and agreements set forth herein and for other good and
valuable consideration, the receipt and sufficiency of which hereby are acknowledged, it is hereby agreed that: </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE I
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>DEFINITIONS </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">When
used in this Agreement, the following terms shall have the meanings specified: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.1. <U>Additional Contracts</U>.
&#147;Additional Contracts&#148; shall have the meaning given in <U>Section&nbsp;2.1(b)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.2. <U>Affiliate</U>.
&#147;Affiliate&#148; shall mean, with respect to any Person, any other Person that, directly or indirectly through one or more intermediaries, controls, is controlled by or is under common control with such Person. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.3. <U>Agreement</U>. &#147;Agreement&#148; shall mean this Stock Purchase Agreement, together with the schedules and exhibits attached
hereto, as the same may be amended from time to time in accordance with the terms hereof. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-1- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.4. <U>Asset Transfers</U>. &#147;Asset Transfers&#148; shall mean the distribution of
assets by the Company and its Subsidiaries to Seller or Seller&#146;s Affiliates pursuant to <U>Section&nbsp;2.1(a)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;1.5. <U>Business Day</U>. &#147;Business Day&#148; shall mean any day except a Saturday, Sunday or other day on which commercial banks in New York, New York, or Sao Paolo, Brazil, are generally authorized or required to close.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.6. <U>Buyer</U>. &#147;Buyer&#148; shall mean JBS S.A., a corporation organized under the laws of Brazil. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.7. <U>Buyer&#146;s Closing Certificate</U>. &#147;Buyer&#146;s Closing Certificate&#148; shall mean the certificate of Buyer in the form
of <U>Exhibit&nbsp;1.7</U> attached hereto. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.8. <U>Buyer&#146;s Secretary&#146;s Certificate</U>. &#147;Buyer&#146;s
Secretary&#146;s Certificate&#148; shall mean a secretary&#146;s certificate of Buyer in customary form, including incumbency certificates with respect to the officers of Buyer who execute this Agreement and any other agreements, certificates or
other documents in connection with the transactions contemplated herein. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.9. <U>Cattle Inventory</U>. &#147;Cattle
Inventory&#148; shall mean all live cattle owned as of the Effective Time of Closing by the Company and its Subsidiaries, except for live cattle in the Company&#146;s and its Subsidiaries&#146; &#147;Beef Feeding Program&#148; (commonly referred to
as &#147;bailment cattle&#148;) as of the Effective Time of Closing. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.10. <U>Cattle Supply and Custom Feeding
Agreements</U>. &#147;Cattle Supply and Custom Feeding Agreements&#148; shall mean those agreements substantially in the forms attached hereto in <U>Exhibit&nbsp;1.10</U>. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;
</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-2- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.11. <U>Closing</U>. &#147;Closing&#148; shall mean the closing conference held at 10:00
a.m., local time, on the Closing Date, at the offices of Hunton&nbsp;&amp; Williams LLP, New York, at which time the consummation of the sale of the Stock from Seller to Buyer shall occur. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.12. <U>Closing Date</U>. &#147;Closing Date&#148; shall mean the date that is three (3)&nbsp;Business Days after satisfaction of the
conditions set forth in <U>Articles&nbsp;VI and VII</U> (other than those conditions that by their nature are to be satisfied at Closing, but subject to the fulfillment or waiver of those conditions), or such other date on which the Closing shall
occur as the parties hereto may mutually agree in writing. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.13. <U>COBRA</U>. &#147;COBRA&#148; shall mean Title X of the
Consolidated Omnibus Budget Reconciliation Act of 1985, as amended. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.14. <U>Code</U>. &#147;Code&#148; shall mean the United
States Internal Revenue Code of 1986, as amended, and the applicable regulations thereunder. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.15. <U>Company</U>.
&#147;Company&#148; shall mean Smithfield Beef Group, Inc., a Delaware corporation and a direct wholly-owned subsidiary of Seller. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;1.16. <U>Company Employees</U>. &#147;Company Employees&#148; shall have the meaning given in <U>Section&nbsp;3.15</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">Section&nbsp;1.17. <U>Confidentiality Agreement</U>. &#147;Confidentiality Agreement&#148; shall mean the confidentiality letter agreement, dated December&nbsp;12, 2007, between Seller and Buyer. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.18. <U>Contracts</U>. &#147;Contracts&#148; shall mean all legally binding contracts, agreements, leases, relationships and commitments,
written or oral, to which the Company or any of its Subsidiaries is a party or by which any of them is bound. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.19.
<U>Dollars</U>. &#147;Dollars&#148; and the symbol &#147;$&#148; shall mean United States dollars. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-3- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.20. <U>Effective Time of Closing</U>. &#147;Effective Time of Closing&#148; shall mean
12:01&nbsp;a.m., New York City time, on the Closing Date. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.21. <U>Employee Benefit Plans</U>. &#147;Employee Benefit
Plans&#148; shall have the meaning given in <U>Section&nbsp;3.15</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.22. <U>Environmental Laws</U>.
&#147;Environmental Laws&#148; shall have the meaning given in <U>Section&nbsp;3.18(a)(i)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.23. <U>Environmental
Permits</U>. &#147;Environmental Permits&#148; shall have the meaning given in <U>Section&nbsp;3.18(a)(ii)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.24.
<U>ERISA</U>. &#147;ERISA&#148; shall mean the Employee Retirement Income Security Act of 1974, as amended. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.25. <U>ERISA
Affiliate</U>. &#147;ERISA Affiliate&#148; shall mean Seller and any trade or business (whether or not incorporated) which is or has ever been under common control, or which is or has ever been treated as a single employer, with Seller under
Section&nbsp;414(b), (c), (m)&nbsp;or (o)&nbsp;of the Code. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.26. <U>Estimated Purchase Price</U>. &#147;Estimated Purchase
Price&#148; shall mean (i)&nbsp;if the Estimated Statement of Working Capital shows that Estimated Working Capital is less than Target Working Capital, the Initial Purchase Price less such difference or (ii)&nbsp;if the Estimated Statement of
Working Capital shows that Estimated Working Capital is greater than Target Working Capital, the Initial Purchase Price plus such difference. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;1.27. <U>Estimated Statement of Working Capital</U>. &#147;Estimated Statement of Working Capital&#148; shall mean the unaudited special purpose statement of consolidated Working Capital of the Company and its Subsidiaries as
of the Effective Time of Closing, as proposed and delivered by Seller in accordance with <U>Section&nbsp;2.2(a)</U> hereof. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-4- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.28. <U>Estimated Working Capital</U>. &#147;Estimated Working Capital&#148; shall mean an
amount equal to the Company&#146;s and its Subsidiaries&#146; Working Capital, as reflected on the Estimated Statement of Working Capital. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;1.29. <U>Excluded Assets</U>. &#147;Excluded Assets&#148; shall mean, collectively (a)&nbsp;the assets to be distributed by the Company and its Subsidiaries to Seller or an Affiliate of Seller before the Effective Time of
Closing pursuant to <U>Section&nbsp;2.1(a)</U> hereof and (b)&nbsp;the Excluded Intangibles. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.30. <U>Excluded Contracts</U>.
&#147;Excluded Contracts&#148; shall mean all rights and obligations of the Company and its Subsidiaries arising from and after the Effective Time of Closing under the Contracts to be assigned by the Company and its Subsidiaries, and assumed by
Seller or an Affiliate of Seller, pursuant to <U>Section&nbsp;2.1(a)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.31. <U>Excluded Intangibles</U>.
&#147;Excluded Intangibles&#148; shall mean those intangible assets owned, leased, licensed or otherwise used by the Company or its Subsidiaries that are described on <U>Exhibit&nbsp;1.31</U> attached hereto. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.32. <U>Excluded Liabilities</U>. &#147;Excluded Liabilities&#148; shall mean the liabilities of the Company and its Subsidiaries to be
assumed by Seller or an Affiliate of Seller before the Effective Time of Closing pursuant to <U>Section&nbsp;2.1(a)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;1.33. <U>Federal Income Tax</U>. &#147;Federal Income Tax&#148; shall mean any Income Tax imposed by the United States. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;1.34. <U>Final Purchase Price</U>. &#147;Final Purchase Price&#148; shall mean the Initial Purchase Price, as adjusted pursuant to <U>Section&nbsp;2.3</U> hereof (exclusive of the interest on such adjustment as contemplated in
<U>Section&nbsp;2.3</U> hereof). </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-5- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.35. <U>Final Statement of Working Capital</U>. &#147;Final Statement of Working
Capital&#148; shall mean the unaudited special purpose statement of consolidated Working Capital of the Company and its Subsidiaries as of the Effective Time of Closing, as the same may be agreed or determined in accordance with
<U>Section&nbsp;2.3</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.36. <U>Final Working Capital</U>. &#147;Final Working Capital&#148; shall mean an amount
equal to the Company&#146;s and its Subsidiaries&#146; Working Capital, as reflected on the Final Statement of Working Capital. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;1.37. <U>Five Rivers LLC</U>. &#147;Five Rivers LLC&#148; shall mean Five Rivers Ranch Cattle Feeding LLC, a Delaware limited liability company and, as of the date hereof, an indirect 50% owned subsidiary of the Company.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.38. <U>GAAP</U>. &#147;GAAP&#148; shall mean generally accepted accounting principles as in effect in the United States as
of the date of the subject financial statement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.39. <U>Governmental Authority</U>. &#147;Governmental Authority&#148; shall
mean any foreign, federal, state, provincial, county, city, municipal or other governmental department, commission, board, bureau, agency, authority, division, body or instrumentality, any administrative or regulatory or self-regulatory authority or
agency, or any court or other judicial or arbitral body. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.40. <U>Hazardous Materials</U>. &#147;Hazardous Materials&#148;
shall have the meaning given in <U>Section&nbsp;3.18(a)(iii)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.41. <U>HSR Act</U>. &#147;HSR Act&#148; shall mean
the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.42. <U>Income Tax</U>. &#147;Income Tax&#148; shall
mean any and all taxes (however denominated) imposed upon or measured by net income, plus any interest, penalties, or additions imposed upon, or with respect to, any such taxes or in respect of any failure to comply with any requirement regarding
Tax Returns for such taxes. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-6- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.43. <U>Initial Purchase Price</U>. &#147;Initial Purchase Price&#148; shall be $565.0
million. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.44. <U>Initial Statement of Working Capital</U>. &#147;Initial Statement of Working Capital&#148; shall mean the
unaudited special purpose statement of consolidated Working Capital of the Company and its Subsidiaries as of September&nbsp;30, 2007, a copy of which is attached hereto as <U>Exhibit&nbsp;1.44</U>, which statement has been prepared in accordance
with GAAP and in a manner consistent with the past practice of the Company, except as otherwise required by the definition of Working Capital and the Special Accounting Principles. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.45. <U>Intangible Assets</U>. &#147;Intangible Assets&#148; shall mean those registered trademarks, registered service marks, applications
for trademark and service mark registrations, issued patents, and patent applications listed on <U>Exhibit&nbsp;1.45</U>, which are (i)&nbsp;owned or used by the Company and its Subsidiaries and (ii)&nbsp;material to the businesses of the Company
and its Subsidiaries, taken as a whole; <U>provided</U>, <U>however</U>, that the term Intangible Assets shall exclude the Excluded Intangibles. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;1.46. <U>IRS</U>. &#147;IRS&#148; shall mean the Internal Revenue Service of the United States. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.47.
<U>JBS Guarantee</U>. &#147;JBS Guarantee&#148; shall mean the Guarantee substantially in the form of <U>Exhibit&nbsp;1.47</U> attached hereto, pursuant to which Buyer shall guarantee to Seller the full and faithful payment and performance by a
permitted assignee of Buyer (as permitted by <U>Section&nbsp;10.4</U> hereof) of each and every obligation of Buyer hereunder that is assigned to such assignee and each and every obligation of such assignee in all documents to be delivered by such
assignee to Seller at Closing. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-7- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.48. <U>Knowledge of Seller</U>. &#147;Knowledge of Seller&#148; shall mean the actual
knowledge of any of the individuals listed on <U>Exhibit&nbsp;1.48</U> attached hereto, after reasonable inquiry. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.49.
<U>Law</U>. &#147;Law&#148; shall mean any foreign, federal, state, local or other statute, directive, code, ordinance or binding agreement, judgment or decree enacted, adopted, issued, entered into or promulgated by any Governmental Authority or
any governmental requirement of any kind, and the rules, regulations and orders promulgated thereunder. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.50. <U>Liens</U>.
&#147;Liens&#148; shall mean any and all mortgages, liens, encumbrances, charges, claims, restrictions, pledges, security interests, impositions, conditional sale or other title retention agreements, options, licenses, easements or similar items of
any kind whatsoever. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.51. <U>Liens to be Released Prior to Closing</U>. &#147;Liens to be Released Prior to Closing&#148;
shall mean the Liens to be released prior to Closing pursuant to <U>Section&nbsp;2.1(d)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.52. <U>Material Adverse
Effect</U>. &#147;Material Adverse Effect&#148; shall mean any effect, change, condition, occurrence or development that has had or is reasonably likely to have, individually or in the aggregate, a material adverse effect on (a)&nbsp;the business,
condition (financial or otherwise), results of operations, assets or properties of the Company and its Subsidiaries, taken as a whole, or (b)&nbsp;the ability of Seller to timely consummate the transactions contemplated by this Agreement, excluding,
in either case, any such effect, change, condition, occurrence or development to the extent directly arising from one or more of the following: (i)&nbsp;public or industry knowledge of the transactions contemplated by this Agreement (including but
not limited to any action or inaction by the employees, customers or vendors of the Company and its Subsidiaries); (ii)&nbsp;general economic and other conditions affecting the industries in which the Company and its Subsidiaries compete, including
the cyclicality of the businesses of the </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-8- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">Company and its Subsidiaries; (iii)&nbsp;changes or proposed changes in Laws or interpretations thereof by Governmental Authorities; (iv)&nbsp;changes in
GAAP or in regulatory accounting requirements applicable to the Company or its Subsidiaries; (v)&nbsp;any act or omission of the Company or its Subsidiaries that is expressly contemplated by this Agreement (including without limitation, the
transfers or assignments of the Excluded Assets, Excluded Contracts and Excluded Liabilities pursuant to <U>Section&nbsp;2.1</U> hereof) or with the prior written consent of Buyer; (vi)&nbsp;any costs or expenses reasonably incurred or accrued in
connection with the transactions contemplated by this Agreement; (vii)&nbsp;national or international political or social conditions, including the engagement by the United States in hostilities, whether or not pursuant to the declaration of a
national emergency or war, or the occurrence of any military or terrorist attack upon the United States, or any of its territories, possessions or diplomatic or consular offices or upon any military installation, equipment or personnel of the United
States; (viii)&nbsp;changes to the financial, banking or securities markets; (ix)&nbsp;any operating losses of a nature and in an amount similar to those prevailing prior to the date hereof; and (x)&nbsp;those matters disclosed on
<U>Exhibit&nbsp;3.20</U> attached hereto; <U>provided</U>, <U>however</U>, that in the cases of clauses&nbsp;(ii), (iii), (iv), (vii)&nbsp;and (viii), such effects, changes, conditions, occurrences or developments do not disproportionately adversely
affect the Company and its Subsidiaries, taken as a whole, as compared to other similarly situated businesses. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.53.
<U>Material Contract</U>. &#147;Material Contract&#148; shall have the meaning given in <U>Section&nbsp;3.11</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;1.54. <U>Non-Competition Agreements</U>. &#147;Non-Competition Agreements&#148; shall mean the Non-Competition Agreements between Buyer and Joseph W. Luter, III, C. Larry Pope and Richard J.M. Poulson substantially in the form
of <U>Exhibit 1.54</U>. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-9- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.55. <U>Non-Competition Period</U>. &#147;Non-Competition Period&#148; shall have the
meaning given in <U>Section&nbsp;8.12(a)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.56. <U>PBGC</U>. &#147;PBGC&#148; shall mean the Pension Benefit
Guaranty Corporation, or any entity succeeding to any or all of its functions. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.57. <U>Pension Plans</U>. &#147;Pension
Plans&#148; shall have the meaning given in <U>Section&nbsp;3.15(a)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.58. <U>Permits</U>. &#147;Permits&#148;
shall mean any and all permits, licenses and governmental authorizations, variances, consents, registrations and approvals required in the conduct of the respective businesses of the Company and its Subsidiaries including, without limitation, those
Permits listed on <U>Exhibit&nbsp;1.58</U> attached hereto. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.59. <U>Permitted Liens</U>. &#147;Permitted Liens&#148; shall
mean the following: (a)&nbsp;mechanics&#146;, materialmen&#146;s, carriers&#146;, workmen&#146;s, repairmen&#146;s, contractors&#146; and warehousemen&#146;s Liens arising or incurred in the ordinary course of business and for amounts that are not
delinquent; (b)&nbsp;easements, rights-of-way, restrictions, reservations and other similar encumbrances of record which do not materially impair the use and occupancy of the Real Property and the operation of the business thereon as currently
conducted by the Company and its Subsidiaries occupying such Real Property; (c)&nbsp;Liens for Taxes not yet due and payable as of the Closing Date; (d)&nbsp;zoning, building and other land use laws imposed by any governmental authority having
jurisdiction which are not violated in any material respect by the current use or occupancy of the Real Property or the current operation of the business thereon; (e)&nbsp;matters that would be reflected in a survey of the Real Property which do not
materially impair the use and occupancy of the Real Property and the operation of the business thereon as currently conducted by the Company and its Subsidiaries occupying such Real Property; (f)&nbsp;other Liens arising or </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-10- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">incurred in the ordinary course of business that, individually or in the aggregate, are not material in amount or significance; (g)&nbsp;those Liens and
other matters affecting the assets of the Company and its Subsidiaries that are listed on <U>Exhibit&nbsp;1.59</U> attached hereto; and, (h)&nbsp;solely for purposes of the period prior to Closing, the Liens to be Released Prior to Closing.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.60. <U>Person</U>. &#147;Person&#148; shall mean any individual, sole proprietorship, trust, estate, executor, legal
representative, unincorporated association, association, institution, corporation, company, partnership, limited liability company, limited liability partnership, joint venture or Governmental Authority. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.61. <U>Qualified Plans</U>. &#147;Qualified Plans&#148; shall have the meaning given in <U>Section&nbsp;3.15(a)</U> hereof. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.62. <U>Real Property</U>. &#147;Real Property&#148; shall mean the real property described in <U>Exhibit&nbsp;1.62</U> hereto, together
with, as applicable, the improvements located thereon including all appurtenant rights, claims and interests of the Company or its Subsidiaries therein, other than the Excluded Assets. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.63. <U>Release</U>. &#147;Release&#148; shall have the meaning given in <U>Section&nbsp;3.18(a)(iv)</U> hereof. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.64. <U>Restraints</U>. &#147;Restraints&#148; shall have the meaning given in <U>Section&nbsp;6.2</U> hereof. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.65. <U>Seller</U>. &#147;Seller&#148; shall mean Smithfield Foods, Inc., a Virginia corporation. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.66. <U>Seller&#146;s Closing Certificate</U>. &#147;Seller&#146;s Closing Certificate&#148; shall mean the certificate of Seller in the
form of <U>Exhibit&nbsp;1.66</U> attached hereto. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.67. <U>Seller&#146;s Secretary&#146;s Certificate</U>.
&#147;Seller&#146;s Secretary&#146;s Certificate&#148; shall mean a secretary&#146;s certificate of Seller in customary form, including incumbency certificates with respect to the officers of Seller who execute this Agreement and any other
agreements, certificates or other documents in connection with the transactions contemplated herein. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-11- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.68. <U>Special Accounting Principles</U>. &#147;Special Accounting Principles&#148; shall
mean those elections under, and modifications and exceptions to, GAAP and the Company&#146;s past practice that are specifically described in <U>Exhibit&nbsp;1.68</U> attached hereto. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.69. <U>State Income Tax</U>. &#147;State Income Tax&#148; shall mean any Income Tax imposed by a state or political subdivision of a state
in the United States or by the District of Columbia. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.70. <U>Stock</U>. &#147;Stock&#148; shall mean all of the issued and
outstanding capital stock of the Company, consisting of 1,000 shares of common stock of the Company, par value $0.001 per share. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;1.71. <U>Subsidiary; Subsidiaries</U>. &#147;Subsidiary&#148; shall mean, with respect to any Person, any corporation or other form of legal entity (i)&nbsp;with respect to which such Person owns or controls, directly or
indirectly through one or more of its Subsidiaries, an amount of the outstanding voting securities that is sufficient to elect at least a majority of its board of directors or other governing body (or, if there are not such voting securities, more
than 50% of its equity interests) or (ii)&nbsp;with respect to which such Person or one or more of its Subsidiaries is the general partner or the managing member or has similar authority, including any corporation or other legal entity with respect
to which such ownership, control, membership or authority is acquired after the date of this Agreement, but only with respect to such periods in which such ownership, control, membership or authority is in effect. The term &#147;Subsidiary&#148;
shall include all Subsidiaries of such Subsidiary (collectively, &#147;<U>Subsidiaries</U>&#148;). With respect to the Company, the term Subsidiary shall also include Five Rivers LLC. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-12- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.72. <U>Target Working Capital</U>. &#147;Target Working Capital&#148; shall mean
$100,000,000. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.73. <U>Tax or Taxes</U>. &#147;Tax&#148; or &#147;Taxes&#148; shall mean any taxes, levies, imposts, duties,
assessments, charges and withholdings imposed or required to be collected by or paid over to any Governmental Authority, including, without limitation, all income, excise, gross receipts, ad valorem, value-added, sales, use, employment, franchise,
profits, gains, property, transfer, payroll, intangibles or other taxes of any kind whatsoever (whether payable directly or by withholding), together with any interest, penalties, or additions imposed in respect of the foregoing, or in respect of
any failure to comply with any requirement regarding Tax Returns or payments. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.74. <U>Tax Return</U>. &#147;Tax Return&#148;
shall mean any report, return, amended return, refund claim, information statement, payee statement or other information provided or required to be provided to any Governmental Authority, with respect to Taxes, including any return of an affiliated,
combined or unitary group. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.75. <U>Tenant Leases</U>. &#147;Tenant Leases&#148; shall mean all leases, subleases and
licenses described in <U>Exhibit&nbsp;1.75</U> attached hereto granting a real property interest to any other Person for the use and occupancy of all or any part of the Company&#146;s (or its Subsidiaries&#146; or controlled Affiliates&#146;)
property, together with all deposits made thereunder, if any. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.76. <U>WARN</U>. &#147;WARN&#148; shall mean the Worker
Adjustment and Retraining Notification Act, 29 U.S.C. &#167;&nbsp;2101 et seq. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.77. <U>Welfare Plans</U>. &#147;Welfare
Plans&#148; shall have the meaning given in <U>Section&nbsp;3.15</U> hereof. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-13- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;1.78. <U>Working Capital</U>. &#147;Working Capital&#148; shall mean the amount of all cash,
accounts receivable, all inventories (except Cattle Inventory), all prepaid expenses (including the prepaid fractional jet ownership fees for the Hawker aircraft), all current and short-term deferred income Tax accounts, and all other current assets
that would be included as current assets under GAAP in the Company&#146;s and its Subsidiaries&#146; consolidated financial statements prepared in the ordinary course of business, consistent with past practices, except as required by this definition
and the Special Accounting Principles, net of liabilities for all accounts payable, all current accrued liabilities, all current and short-term deferred income Taxes payable, and all other current liabilities that would be included as current
liabilities under GAAP in the Company&#146;s and its Subsidiaries&#146; consolidated financial statements prepared in the ordinary course of business, consistent with past practices, except as required by this definition and the Special Accounting
Principles. Working Capital shall not include Excluded Assets, Excluded Contracts, Excluded Liabilities, or intercompany accounts that do not eliminate in consolidation of the Company and its Subsidiaries. </FONT></P> <P
STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE II </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>PRE-CLOSING ASSET AND
LIABILITY TRANSFERS; </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>PURCHASE AND SALE OF STOCK </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">Section&nbsp;2.1. <U>Certain Actions to be Taken Prior to Closing</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) <U>Assignment and Assumption
from the Company and its Subsidiaries to the Seller</U>. In anticipation of the sale of the Stock and the other transactions contemplated herein, prior to the Effective Time of Closing, Seller shall: (i)&nbsp;cause the Company and its Subsidiaries
to distribute to Seller or an Affiliate of Seller by appropriate instruments of transfer those assets specifically identified in <U>Exhibit&nbsp;2.1(a)-1</U> attached hereto (the &#147;Excluded Assets&#148;); and (ii)&nbsp;cause the Company and its
Subsidiaries to assign, and Seller or an Affiliate of Seller shall assume from the Company and its Subsidiaries, (y)&nbsp;those liabilities that are specifically identified on </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-14- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2"><U>Exhibit&nbsp;2.1(a)-2</U> attached hereto (the &#147;Excluded Liabilities&#148;) and (z)&nbsp;all rights and obligations of the Company and its
Subsidiaries arising from and after the Effective Time of Closing under the Contracts specifically identified on <U>Exhibit&nbsp;2.1(a)-3</U> (the &#147;Excluded Contracts&#148;). Such assignment and assumption shall be effected pursuant to an
Assignment and Assumption Agreement substantially in the form of <U>Exhibit&nbsp;2.1(a)-4</U> attached hereto (the &#147;Assignment and Assumption Agreement&#148;). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(b) <U>Assignment and Assumption from Seller to the Company and its Subsidiaries</U>. In anticipation of the sale of the Stock and the other transactions contemplated herein, prior to the Effective Time of Closing,
Seller or its Affiliates shall assign, and the Company or one of its Subsidiaries shall assume, all rights and obligations of Seller or Seller&#146;s Affiliates arising from and after the Effective Time of Closing under the contracts specifically
identified on <U>Exhibit&nbsp;2.1(b)</U> attached hereto (the &#147;Additional Contracts&#148;). Such assignment and assumption shall be effected pursuant to an Assignment and Assumption Agreement similar in form to <U>Exhibit&nbsp;2.1(a)-4</U>
attached hereto. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) <U>Repayment of Intercompany Debt Prior to Closing</U>. Immediately prior to the Effective Time of Closing, Seller
shall cause each of the Company and its Subsidiaries to repay, through contributions of capital by Seller to the respective Company or Subsidiary, each of the Company&#146;s or Subsidiary&#146;s outstanding intercompany debt payable to Seller and
its Affiliates as of the Effective Time of Closing, and Seller and its Affiliates shall repay each of the Company or its Subsidiaries for any outstanding intercompany debt payable to the Company or its Subsidiaries. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-15- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) <U>Liens to be Released Prior to Closing</U>. At or prior to Closing, Seller shall cause the Company
and its Subsidiaries to have released, removed or cancelled all of the Liens set forth on <U>Exhibit&nbsp;2.1(d)</U> hereof (the &#147;Liens to be Released Prior to Closing&#148;). </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e) <U>Five Rivers LLC</U>. Prior to Closing, Seller shall cause the Company to obtain direct or indirect ownership of 100% of the ownership interests of
Five Rivers LLC. The cost of such acquisition shall be the sole responsibility of Seller. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;2.2. <U>Purchase and Sale; Payment
of Estimated Purchase Price</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) No less than three (3)&nbsp;Business Days prior to the Closing Date, Seller shall prepare and deliver
to Buyer a draft Estimated Statement of Working Capital, which shall be prepared (i)&nbsp;in accordance with GAAP applied on a basis consistent with the past practice of the Company, except as otherwise required by the definition of Working Capital
and the Special Accounting Principles, and (ii)&nbsp;in a manner consistent with the Initial Statement of Working Capital. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) At the
Closing, and upon all of the terms and subject to all of the conditions of this Agreement, Seller shall transfer, assign and convey to Buyer, and Buyer shall purchase and accept from Seller, the Stock. In consideration thereof, at the Closing:
(i)&nbsp;Buyer shall deliver to Seller the various agreements, certificates, documents and instruments referred to in <U>Section&nbsp;7.5</U> hereof; (ii)&nbsp;Seller shall deliver to Buyer the various agreements, certificates, documents and
instruments referred to in <U>Section&nbsp;6.6</U> hereof; and (iii)&nbsp;Buyer shall pay the Estimated Purchase Price to Seller in cash by wire transfer of immediately available funds in United States Dollars. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-16- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;2.3. <U>Final Statement of Working Capital; Settlement of Final Purchase Price</U>.
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) Within sixty (60)&nbsp;days after the Closing Date, Buyer shall prepare and deliver to Seller a draft Final Statement of Working
Capital, which shall be prepared (i)&nbsp;in accordance with GAAP applied on a basis consistent with the past practice of the Company, except as otherwise required by the definition of Working Capital and the Special Accounting Principles, and
(ii)&nbsp;in a manner consistent with the Initial Statement of Working Capital. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) If Seller has no objections to the draft Final
Statement of Working Capital, such draft shall constitute the Final Statement of Working Capital. If Seller has any objections to the draft Final Statement of Working Capital, Seller shall deliver a detailed statement describing its objections to
Buyer within ten (10)&nbsp;days after receiving the draft Final Statement of Working Capital. Buyer and Seller will use their commercially reasonable efforts to resolve any such objections. If a final resolution is not obtained within thirty
(30)&nbsp;days after Buyer has received the statement of objections, Buyer and Seller will select a nationally-recognized independent accounting firm mutually acceptable to them to resolve any remaining objections. If Buyer and Seller are unable to
agree on the choice of an accounting firm, they will select a nationally-recognized independent United States accounting firm by lot (after excluding Ernst&nbsp;&amp; Young LLP, PricewaterhouseCoopers LLP and Grant Thornton LLP). </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) Buyer and Seller will each submit to the selected accounting firm a written statement setting forth such party&#146;s proposed aggregate resolution
of the unresolved objections and any supporting data and analysis. The selected accounting firm, following &#147;baseball style&#148; arbitration, will select either Buyer&#146;s or Seller&#146;s proposed aggregate resolution of the objections.
Buyer will revise the draft Final Statement of Working Capital as appropriate to reflect the resolution of Seller&#146;s objections (as agreed upon by Buyer and Seller or as determined by such selected accounting firm) and deliver it to Seller
within ten (10)&nbsp;days after the resolution of such objections. Such revised statement shall constitute the Final Statement of Working Capital. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-17- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) To the extent that the Final Statement of Working Capital shows that Final Working Capital is less
than Estimated Working Capital, Seller shall pay such difference to Buyer in immediately available funds within two (2)&nbsp;Business Days of Buyer&#146;s delivery of such Final Statement of Working Capital. To the extent that the Final Statement of
Working Capital shows that Final Working Capital is greater than Estimated Working Capital, Buyer shall pay such excess to Seller in immediately available funds within two (2)&nbsp;Business Days of Buyer&#146;s delivery of such Final Statement of
Working Capital. All payments made pursuant to this <U>Section&nbsp;2.3(d)</U> shall be accompanied by accrued interest thereon from the Closing Date at the prevailing prime rate as announced by JPMorgan Chase&nbsp;&amp; Co. in New York, New York,
from time to time. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e) If any unresolved objections are submitted to an accounting firm for resolution as provided above, the party whose
proposed resolution is not selected by the accounting firm shall pay the fees and expenses of such accounting firm. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(f) Buyer shall make
the work papers used in preparing the draft Final Statement of Working Capital and the Final Statement of Working Capital available to Seller at reasonable times and upon reasonable notice at any time following delivery by Buyer of the draft Final
Statement of Working Capital and during the resolution of any objections with respect thereto. If Seller has any objections to the draft Final Statement of Working Capital, Seller shall make the work papers used in preparing its objection statement
available to Buyer at reasonable times and upon reasonable notice at any time following delivery by Seller of the objection statement and during the resolution of the objections set forth therein. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-18- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE III </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>REPRESENTATIONS AND WARRANTIES OF SELLER </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Seller hereby represents and warrants to Buyer that, as of
the date hereof and as of the Closing Date: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.1. <U>Organization of Seller</U>. Seller is a corporation duly incorporated,
validly existing and in good standing under the laws of the Commonwealth of Virginia and has full corporate power and authority to enter into this Agreement and to perform its obligations hereunder. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.2. <U>Authorization; Enforceability</U>. The execution, delivery and performance by Seller of this Agreement, and of all of the other
documents and instruments required hereby from Seller, are within the corporate power of Seller and have been duly authorized by all necessary corporate action of Seller. This Agreement is, and the other documents and instruments required hereby to
which Seller is a party will be, when duly executed and delivered by the parties hereto or thereto, the legal, valid and binding obligation of Seller, enforceable against Seller in accordance with their respective terms. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.3. <U>No Violation or Conflict by Seller</U>. The execution, delivery and performance of this Agreement, and the other documents and
instruments required hereby to which Seller is a party, by Seller do not and will not conflict with or violate any Law, judgment, order or decree binding on Seller or the Articles of Incorporation or Bylaws of Seller. Except for compliance with the
HSR Act and required disclosure under the Securities Exchange Act of 1934, as amended, no notice to, filing or registration with, or authorization, consent or approval of, any governmental, regulatory or self-regulatory agency is necessary or is
required to be made or obtained by Seller in connection with the execution and delivery of this Agreement, and the other documents and instruments required hereby to which Seller is a party, by Seller or the </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-19- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">consummation by Seller of the transactions contemplated hereby. Except as set forth in <U>Exhibit&nbsp;3.3</U> attached hereto, the execution, delivery and
performance of this Agreement, and the other documents and instruments required hereby to which Seller is a party, do not and will not constitute a violation or breach of any contract to which Seller is a party or by which Seller is bound, or
require the consent or approval of, or any notice to, any party to any such contract or give any party to any such contract a right of termination, cancellation, acceleration or modification thereunder, except where such violation or breach or the
failure to obtain such consent or approval would not have a material adverse effect on Seller&#146;s ability to consummate the transactions contemplated hereby or perform its obligations hereunder. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.4. <U>Title to Stock</U>. Seller owns good and valid title to the Stock, free and clear of any and all Liens, except for the Liens to be
Released Prior to Closing, and as of the Closing Date, Seller shall own good and valid title to the Stock, free and clear of any and all Liens. Upon delivery of the Stock to Buyer at the Closing and upon Buyer&#146;s payment of the Estimated
Purchase Price therefor, good and valid title to the Stock, free and clear of all Liens, will pass to Buyer. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.5.
<U>Organization and Authority of the Company and its Subsidiaries</U>. Each of the Company and its Subsidiaries is a corporation, limited liability company or partnership duly incorporated or organized, validly existing and in good standing under
the laws of its state of incorporation or organization. Each of the Company and its Subsidiaries has full corporate or other entity power and authority to carry on its business as it is now being conducted and to own, operate and hold under lease
its assets and properties as, and in the places where, such assets and properties now are owned, operated or held. Each of the Company and its Subsidiaries is duly qualified as a foreign corporation or other entity to do business, and is in good
standing, in each jurisdiction where the failure to be so qualified would have a Material Adverse Effect. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-20- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.6. <U>Capitalization of the Company and its Subsidiaries</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) The Stock represents all of the issued and outstanding capital stock of the Company, has been duly and validly issued and is fully paid and
non-assessable. There are no options, warrants, calls, subscriptions, conversion or other rights, agreements or commitments obligating the Company to issue any additional shares of capital stock or any other securities convertible into, exchangeable
for or evidencing the right to subscribe for any shares of capital stock of the Company. Other than this Agreement, the Stock is not subject to any voting trust agreement or other Contract, including any Contract restricting or otherwise relating to
the voting, dividend rights or disposition of the Stock. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) All of the outstanding shares of capital stock of the Company&#146;s
Subsidiaries are validly issued, fully paid and nonassessable. Except as disclosed in <U>Exhibit&nbsp;3.6</U> attached hereto, all of the outstanding shares of capital stock, partnership, membership or equity interests of the Company&#146;s
Subsidiaries are owned by the Company, directly or indirectly through one or more intermediaries, free and clear of all Liens. Except as set forth in <U>Exhibit&nbsp;3.6</U> attached hereto, there are no outstanding securities, options, warrants,
calls, subscriptions, conversion or other rights or Contracts to which the Company or any of its Subsidiaries is a party or by which any of them is bound, granting to any third party the right to purchase or acquire any capital stock of or any
partnership, membership or equity interests in any of the Company&#146;s Subsidiaries, and there are no put rights or Contracts pursuant to which any of the Company or any of its Subsidiaries is bound to repurchase any shares of the Company&#146;s
Subsidiaries&#146; capital stock or partnership, membership or equity interests. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-21- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.7. <U>Consents and Approvals; No Violation or Conflict by the Company</U>. The execution,
delivery and performance of this Agreement, and the other documents and instruments required hereby to which the Company or any of its Subsidiaries is a party, by the Company and its Subsidiaries do not and will not conflict with or violate any Law,
judgment, order or decree binding on the Company or any of its Subsidiaries, or the respective charters or bylaws or similar organizational documents of the Company or any of its Subsidiaries. Except as set forth in <U>Exhibit&nbsp;3.7</U> attached
hereto, no notice to, filing or registration with, or authorization, consent or approval of, any governmental, regulatory or self-regulatory agency is necessary or is required to be made or obtained by the Company or any of its Subsidiaries in
connection with the consummation of the transactions contemplated in this Agreement. Except as set forth in <U>Exhibit&nbsp;3.7</U> attached hereto, the execution, delivery and performance of this Agreement, and the other documents and instruments
required hereby to which the Company or any of its Subsidiaries is a party, by the Company and its Subsidiaries do not and will not constitute a material violation or breach of any Material Contract, or require the consent or approval of, or any
notice to, any party to any Material Contract or give any party to any Material Contract any right of termination, cancellation, acceleration, right of first offer, right of first refusal or modification thereunder. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.8. <U>Title to and Sufficiency of Assets</U>. The Company and its Subsidiaries own good and valid title to all assets and properties, real
or personal, tangible or intangible, used in their respective businesses, free and clear of all Liens except the Permitted Liens, except those assets and properties leased or licensed pursuant to Contracts and except certain assets owned or licensed
by Seller that are included among the Excluded Assets and Excluded Contracts. Such assets owned by the Company and its Subsidiaries or leased or licensed pursuant to Contracts </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-22- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">(but excluding the Excluded Assets and Excluded Contracts) are sufficient to conduct the businesses of the Company and its Subsidiaries as they are currently
conducted in all material respects. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.9. <U>Real Property</U>. <U>Exhibit&nbsp;1.62</U> attached hereto is a true, complete
and correct list of all of the Real Property owned or leased by the Company and its Subsidiaries. With respect to each such parcel of Real Property, except as set forth in <U>Exhibit&nbsp;1.62</U> attached hereto: </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) the Company or its Subsidiaries (as the case may be) has good, marketable and indefeasible fee simple title to such Real Property owned by the Company
or its Subsidiaries, free and clear of all liens and encumbrances, except Permitted Liens and Liens to be Released Prior to Closing; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b)
there are no pending or, to the Knowledge of Seller, threatened condemnation proceedings, lawsuits or administrative actions relating to the Real Property owned by the Company or its Subsidiaries; </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) other than the Tenant Leases there are no leases, subleases, licenses, concessions or other agreements, written or oral, granting to any Person
(other than Seller, the Company or any of its Subsidiaries) the right to use or occupy any portion thereof; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) other than the rights of
Buyer under this Agreement, with respect to Real Property owned by the Company or its Subsidiaries, there are no outstanding options or rights of first refusal to purchase such a parcel or any portion thereof or interest therein and, except as set
forth herein, neither the Company nor any Subsidiary is a party to any agreement or option to purchase any real property or interest therein; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman"
SIZE="2">(e) to the Knowledge of Seller, there are no Persons (other than Seller, the Company or its Subsidiaries) in possession of the Real Property, other than tenants under Tenant Leases who are in possession of space to which they are entitled
under such lease or sublease; and </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-23- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(f) <U>Exhibit 1.75</U> attached hereto sets forth a correct and complete list of the Tenant Leases. To
the Knowledge of Seller, Seller has delivered to the Buyer a true, correct and complete copy of the Tenant Leases (including all amendments, modifications and other agreements with respect thereto) to the extent in the possession of Seller. Except
as set forth on <U>Exhibit 1.75</U> attached hereto, to the Knowledge of Seller, the Tenant Leases are in full force and effect in accordance with their terms and the Company has neither given nor received any written notice of any breach or default
under any of the Tenant Leases which has not been cured. There are no security deposits under the Tenant Leases, except as set forth on <U>Exhibit 1.75</U> attached hereto. There are no commissions or tenant improvement cost obligations owing by the
Company with respect to any Tenant Lease, except as set forth on <U>Exhibit 1.75</U> attached hereto; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(g) the Real Property identified in
<U>Exhibit&nbsp;1.62</U> attached hereto comprise all of the real property used to conduct the businesses of the Company and its Subsidiaries as they are currently conducted in all material respects; and </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(h) neither the Company nor any Subsidiary has received any notice of any material violation of any building, zoning, subdivision or other land use laws
applicable to the Real Property. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.10. <U>Intangible Assets</U>. Except for the Excluded Intangibles and except as set forth
on <U>Exhibit&nbsp;3.10</U> attached hereto, the Company and its Subsidiaries own the entire right, title and interest in and to the material owned Intangible Assets, and hold under valid and subsisting licenses the material licensed Intangible
Assets, subject only to the Permitted Liens. To the Knowledge of Seller, except as set forth on <U>Exhibit&nbsp;3.10</U> attached hereto, the operation of the </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-24- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">Company&#146;s business does not infringe, misappropriate, dilute or otherwise violate the intellectual property or proprietary rights of any third party;
there are no claims, demands or proceedings instituted, pending or threatened by any third party pertaining to or challenging the rights of the Company or its Subsidiaries to use any of the Intangible Assets; there is no trademark, trade name,
patent or copyright owned by a third party (other than Seller) which the Company or any of its Subsidiaries is using without a license to do so; and, to the Knowledge of Seller, except as set forth on <U>Exhibit&nbsp;3.10</U> attached hereto, no
third party has infringed, misappropriated, diluted or otherwise violated, or is infringing, misappropriating, diluting or otherwise violating, any Intangible Assets owned by, or exclusively licensed to, the Company or any of its Subsidiaries.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.11. <U>Contracts</U>. <U>Exhibit&nbsp;3.11</U> attached hereto is a true and complete list, as of the date hereof, of all
Contracts: (a)&nbsp;under which the Company or any of its Subsidiaries has created, incurred, assumed or guaranteed debt obligations; (b)&nbsp;whereby the Company or any of its Subsidiaries has an obligation to make an investment in or loan to any
Person other than the Company or its Subsidiaries; (c)&nbsp;that constitute a lease of any real or personal property with (i)aggregate annual rental payments in excess of $2,000,000 or (ii)&nbsp;a remaining term in excess of one year and which is
non-cancelable without penalty on notice of ninety (90)&nbsp;days or less and aggregate annual rental payments in excess of $1,000,000; (d)&nbsp;that constitute an agreement to purchase or sell a capital asset for a price in excess of $2,000,000;
(e)&nbsp;that constitute a guaranty of any obligation for borrowed money or other guaranty; (f)&nbsp;that constitute an agreement with Seller or any current director, officer or Affiliate of Seller (other than the Company or its Subsidiaries);
(g)&nbsp;that constitute an agreement with any labor union or association representing any employee of the Company or any of its Subsidiaries; (h)&nbsp;that constitute a bonus, pension, profit sharing, retirement or other form of deferred
compensation plan; (i)&nbsp;that constitute an </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-25- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">agreement with a sales representative or distributor with a value in excess of $1,000,000; (j)&nbsp;that prohibit the Company from freely engaging in
business anywhere in the world or concerning confidentiality (except Contracts concerning confidentiality entered into in the ordinary course of business); or (k)&nbsp;any other Contract involving an amount in excess of $2,000,000; which contracts
shall be referred to herein as &#147;Material Contracts.&#148; Except as set forth in <U>Exhibit&nbsp;3.11</U> attached hereto, each Material Contract is in full force and effect, constitutes the valid and binding obligation of the Company or each
of its Subsidiaries party thereto and, to the Knowledge of Seller, constitutes the valid and binding obligation of the other parties thereto, enforceable against such parties in accordance with its terms (except as the enforcement thereof may be
limited or otherwise affected by bankruptcy, insolvency, reorganization, moratorium or other laws generally affecting the rights of creditors and subject to general equity principles (whether considered at law or in equity)). The Company and its
Subsidiaries have performed each material term, covenant and condition of each of the Material Contracts which is to be performed by any of them at or before the date hereof. No event has occurred that would, with the passage of time or compliance
with any applicable notice requirements, constitute a material breach or default by the Company or any of its Subsidiaries or, to the Knowledge of Seller, any other Person under any of the Material Contracts, and, to the Knowledge of Seller, no
party to any of the Material Contracts intends to cancel, terminate or exercise any option under any of the Material Contracts. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;3.12. <U>No Litigation</U>. Except as listed in <U>Exhibit&nbsp;3.12</U> attached hereto, there is no litigation, arbitration proceeding or governmental or administrative investigation, complaint, charge, citation, suit, action
or claim of any kind pending or, to the Knowledge of Seller, proposed or threatened, against the Company or any of its Subsidiaries, or relating to the </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-26- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">respective businesses, assets or properties of the Company or any of its Subsidiaries that does, or would reasonably be expected to, involve a loss in excess
of $1,000,000 individually or $10,000,000 in the aggregate or that would reasonably be expected to be material if adversely determined against the Company, and the Company and its Subsidiaries are not subject to or bound by any outstanding judgment,
order or decree of any court or governmental body affecting the respective businesses, assets or properties of the Company or any of its Subsidiaries that does, or would reasonably be expected to, involve a loss in excess of $1,000,000 individually
or $10,000,000 in the aggregate or that would reasonably be expected to be material if adversely determined against the Company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;3.13.&nbsp;<U>September Balance Sheet</U>. The Company&#146;s unaudited consolidated balance sheet as of September&nbsp;30, 2007, a copy of which is attached hereto as <U>Exhibit 3.13-1</U> (the &#147;September Balance
Sheet&#148;), is true and correct in all material respects, and presents fairly the consolidated financial position of the Company and its Subsidiaries as of the date thereof, and was prepared in accordance with GAAP applied on a basis consistent
with the past practice of the Company, subject to the Special Accounting Principles and except as described in the Notes to the September Balance Sheet. Except as set forth in <U>Exhibit&nbsp;3.13-2</U> attached hereto, the Company and its
Subsidiaries are not subject to any liability (including unasserted claims, whether known or unknown) or obligation, whether absolute or contingent, other than (i)&nbsp;liabilities that are reflected on or disclosed in the September Balance Sheet
(or disclosed in the notes thereto), (ii)&nbsp;liabilities incurred in the ordinary course of business since September&nbsp;30, 2007, or in connection with the transactions contemplated hereby or (iii)&nbsp;liabilities of a type that are a subject
of another specific representation set forth in this <U>Article&nbsp;III</U>. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-27- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.14. <U>Tax Matters</U>. Except as set forth in <U>Exhibit&nbsp;3.14</U> attached hereto:
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) the Company and its Subsidiaries have timely filed (taking into account all properly granted extensions) all material Tax Returns
required to be filed by them with respect to all Taxes, and all such Tax Returns are true, correct and complete in all respects; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) the
Company and its Subsidiaries have timely paid all material Taxes due and payable (whether or not shown to have become due and payable by them pursuant to such Tax Returns); </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) there are no Liens for Taxes upon the assets or properties of the Company or any of its Subsidiaries other than Liens for Taxes not yet due and those
which are being contested in good faith by appropriate proceedings and, in the latter case, with respect to which adequate reserves have been provided in accordance with GAAP; </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) there are no outstanding agreements or waivers extending the statutory period of limitations applicable to the assessment of any Tax for any taxable
period with respect to the Company and its Subsidiaries; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e) no unresolved claim has been made by any Tax authority in a jurisdiction
where the Company or any Subsidiary does not file Tax Returns that it is or may be subject to Taxation by that jurisdiction; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(f) no
unresolved material adjustment relating to any Taxes of the Company or any of its Subsidiaries has been proposed by any Tax authority; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(g)
no audit, action, suit, proceeding, or other examination regarding Taxes for which the Company or any Subsidiary may have any material liability is currently pending against or proposed with respect to the Company or any Subsidiary; </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(h) no power of attorney is currently in force that has been granted with respect to any matter relating to Taxes that could affect the Company or any
Subsidiary; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-28- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(i) except to the extent that such amounts have been provided for in the charges, accruals and reserves
for Taxes reflected in the September Balance Sheet, neither the Company nor any Subsidiary will be required to include any material item of income in, or exclude any material item of deduction from, taxable income for any taxable period (or portion
thereof) ending after the Closing Date as a result of any (i)&nbsp;change in method of accounting for a taxable period ending on or prior to the Closing Date under Section&nbsp;481(c) of the Code (or any corresponding or similar provision of state,
local or foreign Income Tax law) executed prior to the Closing; (ii)&nbsp;deferred intercompany gain or any excess loss account existing as of the Closing and described in U.S. Treasury Regulations under Section&nbsp;1502 of the Code (or any
corresponding or similar provision of state, local or foreign Income Tax law); or (iii)&nbsp;installment sale made on or prior to the Closing; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman"
SIZE="2">(j) except for any tax sharing or similar agreement among members of the Seller Tax Group and any lease or other commercial agreement entered into in the ordinary course of business, neither the Company nor any of its Subsidiaries
(i)&nbsp;is a party to any written tax sharing agreement or similar agreement, arrangement or practice or tax indemnity obligation or similar agreement, arrangement or practice or (ii)&nbsp;is liable for taxes of any other Person as transferee
whether by contract or operation of law; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(k) the Company and its Subsidiaries have complied in all material respects with all Laws
relating to the withholding of Taxes and have duly and timely withheld and collected all required amounts from employee salaries, wages and compensation and from all other amounts paid, and have paid over such amounts to the appropriate Tax
authority; and </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-29- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(l) the Company and its Subsidiaries file a consolidated Federal Income Tax Return with Seller and other
members of the affiliated group, within the meaning of Section&nbsp;1504(a)(4) of the Code, of which Seller is a member. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;3.15. <U>Employee Benefit Plans</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) <U>Exhibit&nbsp;3.15</U> attached hereto sets forth a true, complete and
correct list of all &#147;employee benefit plans&#148; (as defined in Section&nbsp;3(3) of ERISA), including each severance pay, bonus, deferred compensation, incentive compensation, stock purchase, stock option, hospitalization or other medical,
life, disability or other welfare, pension, profit-sharing and retirement program (the &#147;Employee Benefit Plans&#148;) covering present and former employees of the Company and its Subsidiaries (&#147;Company Employees&#148;).
<U>Exhibit&nbsp;3.15</U> attached hereto identifies (i)&nbsp;each &#147;pension plan&#148; (as defined in Section&nbsp;3(2) of ERISA) (the &#147;Pension Plans&#148;), and denotes those Pension Plans intended to be qualified under Section&nbsp;401(a)
of the Code (the &#147;Qualified Plans&#148;), and (ii)&nbsp;each &#147;welfare plan&#148; (as defined in Section&nbsp;3(1) of ERISA) (the &#147;Welfare Plans&#148;), maintained for the benefit of Company Employees or to which Seller, the Company,
its Subsidiaries or any ERISA Affiliate contributes on behalf of Company Employees. True, complete and correct copies of the following documents, with respect to each of the Employee Benefit Plans, have been made available or delivered to Buyer by
Seller: (w)&nbsp;any plans and related trust documents, and all amendments thereto; (x)&nbsp;the most recent Forms 5500 and all schedules thereto; (y)&nbsp;the most recent IRS determination letter(s); and (z)&nbsp;the most recent summary plan
descriptions. Each Employee Benefit Plan is enforceable in accordance with its terms in all material respects. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) Each Qualified Plan
complies in all material respects with applicable Law, and the IRS has issued favorable determination letters to the effect that the forms of Qualified </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-30- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">Plans (or predecessor plans) satisfy the requirements of Section&nbsp;401(a) and related Sections of the Code. To the Knowledge of Seller, there are no facts
or circumstances that would jeopardize or adversely affect the qualification under Code Section&nbsp;401(a) of any Qualified Plan or otherwise have a material adverse effect on the qualified status of any Qualified Plan. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) As of the Effective Time of Closing, full payment of all contributions will be made or accrued on the Final Statement of Working Capital with respect
to each Employee Benefit Plan (including all employer contributions and employee salary reduction contributions) that are either required under the terms thereof or under ERISA or the Code. No &#147;accumulated funding deficiency&#148; (as defined
in ERISA Section&nbsp;302 or Code Section&nbsp;412), whether or not waived, exists with respect to any Pension Plan and all required contributions for plan years ending on or before December&nbsp;31, 2006, that are required to be made before the
Closing Date have been or will be made prior to the Closing Date. None of Seller, the Company, its Subsidiaries, any ERISA Affiliate or any organization to which Seller is a successor or parent corporation, within the meaning of Section&nbsp;4069(b)
of ERISA, has engaged in any transaction, within the meaning of Section&nbsp;4069 of ERISA. No Pension Plan has incurred a &#147;reportable event&#148; as such term is defined in Section&nbsp;4043 of ERISA. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) Each Employee Benefit Plan has been administered in accordance with its terms, except where any noncompliance would not have, alone or in the
aggregate, a Material Adverse Effect. In addition, each Employee Benefit Plan complies, and has been administered in accordance with, any applicable provisions of ERISA and the rulings and regulations promulgated thereunder (including the
continuation coverage requirements of group health plans under COBRA), and all other applicable Laws, except where any noncompliance would not have, alone or in the aggregate, a Material Adverse Effect. Except as set forth in <U>Exhibit&nbsp;3.15
</U> </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-31- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">attached hereto, Seller, the Company, its Subsidiaries and each ERISA Affiliate have filed all reports, returns and other documentation and paid all premiums
and Taxes associated therewith that are required to have been filed and paid with respect to each Employee Benefit Plan with the IRS, the Department of Labor, the PBGC or any other governmental agency (federal, state or local) and such have been
filed and paid on a timely basis, except in each instance in which the failure to file such reports, returns and other documents would not have, alone or in the aggregate, a Material Adverse Effect. Except as set forth in <U>Exhibit&nbsp;3.15</U>
attached hereto, no material lawsuits, complaints, investigations or proceedings to or by any Person have been publicly filed or commenced or, to the Knowledge of Seller, are proposed or threatened, with respect to any Employee Benefit Plan.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e) None of Seller, the Company, its Subsidiaries or any ERISA Affiliate is a party to any &#147;multiemployer plan&#148; (as defined in
Section&nbsp;4001(a)(3) of ERISA and that is subject to Title IV of ERISA) with respect to the Company and its Subsidiaries and neither Seller, the Company, its Subsidiaries nor any ERISA Affiliate has received a notice of, or incurred, any
withdrawal liability with respect to any such &#147;multiemployer plan&#148; that will not have been satisfied as of the Closing Date. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(f)
Except as set forth in <U>Exhibit&nbsp;3.15</U> attached hereto or as required under COBRA or the terms of any Pension Plan, the Company and its Subsidiaries are not obligated to provide or to pay any benefits to former employees, or to their
dependents or beneficiaries, solely as a result of the consummation of the transactions contemplated in this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(g) Except as set
forth in <U>Exhibit&nbsp;3.15</U> attached hereto, at the Effective Time of Closing there will be no bonuses, profit sharing, incentives, commissions or other compensation of any kind, including severance benefits, or accrued vacation time or pay,
due to </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-32- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">any Company Employees with respect to employment or termination of employment by the Company or any of its Subsidiaries prior to the Effective Time of
Closing, which have not been fully paid, or accrued in the Final Statement of Working Capital; <U>provided</U>, <U>however</U>, that no such payments or accruals shall be required with respect to any such amounts (including, without limitation,
severance benefits) that become due and payable as a result of actions taken by the Company or any of its Subsidiaries on or after the Closing Date. Except as set forth in <U>Exhibit&nbsp;3.15</U> attached hereto, no severance pay obligation under
any Employee Benefit Plan, Contract or at Law, with respect to Company Employees, will be triggered solely by the execution, delivery and performance of this Agreement and the consummation of the transactions contemplated herein. Neither the Company
and its Subsidiaries nor the Buyer, solely as a result of the purchase of the Stock by Buyer, shall be obligated to make a payment to an individual that would be a &#147;parachute payment&#148; to a &#147;disqualified individual&#148; (as those
terms are defined in Section&nbsp;280G of the Code, without regard to whether such payment is reasonable compensation for personal services performed or to be performed in the future). </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(h) Except as set forth in <U>Exhibit&nbsp;3.15</U> attached hereto, none of the Company and its Subsidiaries are party to any employment contract
covering any Company Employee. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.16. <U>Labor Matters</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) Except as set forth in <U>Exhibit&nbsp;3.16</U> attached hereto, as of the date hereof, none of the Company and its Subsidiaries are party to any
collective bargaining agreement with any labor union or organization pertaining to employees of the Company or any of its Subsidiaries and, except as set forth in the collective bargaining agreements listed in <U>Exhibit&nbsp;3.16</U> attached
hereto, as of the date hereof, no labor union or organization is recognized as the collective bargaining representative of employees of the Company or any of its Subsidiaries. As </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-33- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">of the date hereof, (i)&nbsp;no labor organization has made a pending demand to the Company or any of its Subsidiaries for recognition as the bargaining
representative of any employees of the Company or any of its Subsidiaries, (ii)&nbsp;there are no representation petitions pending before the National Labor Relations Board with respect to employees of the Company or any of its Subsidiaries and
(iii)&nbsp;to the Knowledge of Seller, no union organizing activities are in progress with respect to employees of the Company or any of its Subsidiaries. True, complete and correct copies of all collective bargaining agreements pertaining to
employees of the Company and its Subsidiaries, including any amendments or material side letters thereto, have been delivered to Buyer by Seller. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman"
SIZE="2">(b) As of the date hereof, except as set forth in <U>Exhibit&nbsp;3.16</U> attached hereto: (i)&nbsp;there are no pending or, to Seller&#146;s Knowledge, proposed or threatened strikes or lockouts involving employees of the Company or any
of its Subsidiaries; (ii)&nbsp;there is no strike, formal grievance, arbitration proceeding, general slowdown, work to rule or work stoppage, or charge of unfair labor practice pending before a court, regulatory body or arbitration tribunal or, to
Seller&#146;s Knowledge, proposed or threatened against or affecting the Company or any of its Subsidiaries; and (iii)&nbsp;there are no charges or complaints of discrimination pending or, to Seller&#146;s Knowledge, proposed or threatened against
the Company or any of its Subsidiaries before the United States Equal Employment Opportunity Commission or any other federal, state, local or foreign agency, board or tribunal. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) With respect to the Company and its Subsidiaries, there has been no &#147;mass layoff&#148; or &#147;plant closing,&#148; as defined by WARN, within
six (6)&nbsp;months prior to the Closing Date. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.17. <U>Compliance with Law</U>. The conduct of the respective businesses of
the Company and its Subsidiaries and their use of their respective assets does not materially violate </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-34- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">or conflict with any Law. All material Permits required by the Company and its Subsidiaries to use their assets and to carry on and conduct their respective
businesses as currently conducted by them have been obtained, are in full force and effect and are being complied with in all material respects, and neither the Company nor any of its Subsidiaries is in material default or violation of any term,
condition or provision of any material Permit to which it is a party. Except as set forth in <U>Exhibit&nbsp;1.58</U> attached hereto, consummation of the transactions contemplated by this Agreement will not, with respect to any material Permit,
require the consent or approval of, or any filing with, any governmental, regulatory or self-regulatory Person, and all such material Permits will continue in full force and effect immediately after the Effective Time of Closing in accordance with
their terms. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.18. <U>Environmental Matters</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) <U>Certain Definitions</U>. For purposes of this <U>Section&nbsp;3.18</U>: </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(i) &#147;Environmental Laws&#148; shall mean any and all Laws regulating, relating in any way to or imposing liability or standards of conduct
concerning the environment, natural resources, Hazardous Materials or human health as in effect as of Closing. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(ii) &#147;Environmental
Permits&#148; shall mean any and all Permits required by or issued under any Environmental Law. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(iii) &#147;Hazardous Materials&#148;
shall mean any hazardous material, hazardous waste, infectious medical waste, hazardous or toxic substance defined, regulated, limited or prohibited in any way by or pursuant to any Environmental Law, or any constituent thereof, including, without
limitation, petroleum or petroleum products, by-products or derivatives, natural or synthetic gas, asbestos in any form, asbestos containing materials, polychlorinated biphenyls, animal waste, materials exhibiting the characteristics of
ignitability, </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-35- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">corrosivity, reactivity or extraction procedure toxicity, as such terms are defined in connection with hazardous materials or hazardous wastes or hazardous
or toxic substances in any Environmental Law. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(iv) &#147;Release&#148; shall mean any releasing, spilling, emitting, leaking, depositing,
disposing, discharging, dispersing, leaching, injecting, pumping, pouring, dumping, escaping, emptying, seeping, placing or migrating of Hazardous Materials into or through the environment, including the movement of Hazardous Materials through
ambient air, soil, surface water, ground water, wetlands, land or subsurface strata, that is not authorized by or under any applicable Environmental Law. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(b) Except as set forth in <U>Exhibit&nbsp;3.18</U> attached hereto: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(i) the conduct of the respective
businesses of the Company and its Subsidiaries and their use of the Real Property does not materially violate any Environmental Law and, to the Knowledge of Seller, no prior owner or operator of such Real Property has, in connection with the use or
occupancy thereof, materially violated any Environmental Law; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(ii)(A) all material Environmental Permits required with respect to the
conduct of the businesses of the Company and its Subsidiaries and their use of the Real Property have been obtained, are in full force and effect and are being complied with in all material respects; (B)&nbsp;neither the Company nor any of its
Subsidiaries is in material default or violation of any term, condition or provision of any material Environmental Permit to which it is a party; (C)&nbsp;there is no investigation or action pending, or, to the Knowledge of Seller, alleged or
threatened against the Company or any of its Subsidiaries to unilaterally revoke or modify such Environmental Permits; (D)&nbsp;consummation of the transactions contemplated by this Agreement will not, with respect to any material Environmental
Permit, require the consent or approval of, </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-36- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">or any filing with, any governmental, regulatory or self-regulatory Person, and all such material Environmental Permits will continue in full force and
effect immediately after the Effective Time of Closing in accordance with their terms; and (E)&nbsp;<U>Exhibit&nbsp;1.58</U> includes a true and complete list of all such material Environmental Permits; </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(iii) neither the Company nor its Subsidiaries, nor any Real Property currently or formerly owned, leased, used or operated by the Company or its
Subsidiaries or, to the Knowledge of Seller, any of their respective predecessors, is subject to any pending or, to the Knowledge of Seller, threatened judicial, administrative or arbitral proceeding, investigation, claim, suit, action, litigation,
order, judgment, decree or settlement relating to or arising under any Environmental Law, and, to the Knowledge of Sellers, no material facts, circumstances, or conditions exist that would reasonably be expected to form the basis of any such
proceeding, investigation, claim, suit, action, litigation, order, judgment, decree or settlement; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(iv) there has been no Release of any
Hazardous Material by Seller, the Company, any of its Subsidiaries or any Person acting on behalf of any of them, or to the Knowledge of Sellers, any other Person, at any Real Property, currently or, to the Knowledge of Seller, previously owned,
leased, used or operated by the Company, its Subsidiaries or any of their respective predecessors or, to the Knowledge of Sellers, at any third-party location to which the Company, its Subsidiaries or their respective predecessors transported or
arranged for the disposal or treatment of Hazardous Materials, except as which would not reasonably be expected to give rise to any material liabilities or obligations under Environmental Law; </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(v) none of Seller, the Company or its Subsidiaries have received any written notices or claims alleging that it is a responsible party pursuant to
42&nbsp;U.S.C. Section&nbsp;9601 et seq., or any state superfund law, in connection with the Real Property or the businesses of the Company or its Subsidiaries; and </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-37- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(vi) except as set forth in <U>Exhibit&nbsp;3.18</U> attached hereto, to the Knowledge of Seller there
are no unregulated underground storage tanks or friable asbestos present on or under the Real Property. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) Notwithstanding any provision
of this Agreement to the contrary, this <U>Section&nbsp;3.18</U> shall constitute the sole representations and warranties of Seller related to environmental matters. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">Section&nbsp;3.19. <U>Related Party Transactions</U>. Except as set forth in <U>Exhibit&nbsp;3.19</U> attached hereto, neither the Seller nor any of its controlled Affiliates (other than the Company and its
Subsidiaries) (a)&nbsp;owns, directly or indirectly, on an individual or joint basis, any material interest in, or serves as an officer or director of, any customer, competitor or supplier of the Company or any of its Subsidiaries or any
organization which is a party to a Material Contract with the Company or any of its Subsidiaries, or (b)&nbsp;is a party to any Contract with the Company or any of its Subsidiaries. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.20. <U>No Adverse Change</U>. Except as set forth in <U>Exhibit&nbsp;3.20</U> attached hereto, except for the Asset Transfers and except
as otherwise expressly contemplated herein, since September&nbsp;30, 2007, the Company and its Subsidiaries have carried on their respective businesses in the ordinary course and substantially in the same manner as heretofore carried on and have
not: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a)(i) issued, sold, transferred or pledged, or authorized or proposed the issuance, sale, transfer or pledge of, additional shares of
capital stock of any class or interests, or securities convertible into any such shares or interests, or any rights, warrants or options to acquire any such shares or interests or other convertible securities or (ii)&nbsp;amended their charters or
bylaws or merged or consolidated with or into any other entity; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-38- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) redeemed, purchased or otherwise acquired any outstanding shares of their capital stock; </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) adopted any amendment to their respective governing documents; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(d) sold, transferred or otherwise disposed (including via dividend or distribution) of any of its property or assets including any intellectual property or proprietary rights, in each case, other than in the ordinary
course of business consistent with past practice; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e) entered into, modified or terminated any Contract with Seller or any of its
Affiliates (other than the Company or any of its Subsidiaries); </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(f) except for regular maintenance and other expenditures in the ordinary
course of business, and except in accordance with the capital expenditures budget (or any immaterial cost-overruns associated therewith) for the Company and its Subsidiaries in effect on the date hereof, entered into any agreement or commitment
involving an individual capital expenditure or commitment exceeding $1,000,000; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(g)(i) increased the annual level of compensation of any
employee, director or executive officer or (ii)&nbsp;granted any bonus, benefit or other direct or indirect compensation to any employee, director or executive officer, other than routine increases in compensation and bonuses in the ordinary course
of business consistent with past practices; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(h) cancelled or compromised any material debt or claim or waived or released any material
right of the Company or any of its Subsidiaries, in each instance with a value in excess of $1,000,000; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-39- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(i) acquired any other business or Person (or any significant portion or division thereof), whether by
merger, consolidation or reorganization or by purchase of its assets or stock, or acquired any other material assets, in each case, except in the ordinary course of business; </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(j) entered into, amended or terminated any material Contract outside the ordinary course of business, or materially changed their respective business
practices; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(k) except in the ordinary course of business, granted any performance guarantee to customers; </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(l) instituted or settled any claim or lawsuit for an amount involving in excess of $1,000,000 in the aggregate or involving material equitable or
injunctive relief; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(m)(i) borrowed, created, incurred, assumed or become subject to any indebtedness for borrowed money, except in the
ordinary course of business and except for any intercompany debt payable to Seller and its Affiliates which shall be fully repaid by the Company and its Subsidiaries prior to Closing pursuant to <U>Section&nbsp;2.1(c)</U> hereof or
(ii)&nbsp;mortgaged, pledged or otherwise encumbered any of their assets or properties, except for Permitted Liens; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(n) suffered a
Material Adverse Effect; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(o) made or changed any material Tax election, changed an annual accounting period, adopted or changed any
material accounting method, filed any amended Tax Return, entered into any closing agreement, settled any Tax claim or assessment relating to the Company or its Subsidiaries or surrendered any right to claim a refund of Taxes, if such election,
adoption, change, agreement, settlement or surrender would have had the effect of increasing the future Tax liability or decreasing any future Tax asset of the Company or its Subsidiaries; </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-40- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(p) taken any actions that constitute a &#147;mass layoff&#148; or &#147;plant closing&#148; within the
meaning of WARN; or </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(q) agreed to take any of the foregoing actions. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.21. <U>No Broker</U>. The Seller, the Company and its Subsidiaries are not committed to any liability or obligation for any brokers&#146;
or finders&#146; fees or any similar fees in connection with the conveyance of the Stock to Buyer or the consummation of the transactions contemplated by this Agreement except Evercore Partners, and Seller will pay all fees due to Evercore Partners
in connection with the transactions contemplated by this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;3.22. <U>Insurance</U>. <U>Exhibit&nbsp;3.22</U> sets
forth a list of the material policies of insurance currently maintained with respect to the respective businesses of the Company and its Subsidiaries (including any policies of insurance maintained for purposes of providing benefits such as
workers&#146; compensation and employers&#146; liability coverage). All of such insurance policies are in full force and effect, and neither the Company nor any Subsidiary is in material default with respect to its obligations under any of such
insurance policies. Except as set forth in <U>Exhibit&nbsp;3.22</U> attached hereto, no insurer has notified the Company or any Subsidiary in writing (including via email) that it intends to reduce coverage, increase premiums or fail to renew any
existing policy or binder. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE IV </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>REPRESENTATIONS AND WARRANTIES OF BUYER </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Buyer hereby represents and warrants to Seller that, as of
the date hereof and as of the Closing Date: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;4.1. <U>Organization of Buyer</U>. Buyer is a corporation duly incorporated and
validly existing under the laws of Brazil and has full corporate power and authority to enter into this Agreement and to perform its obligations hereunder. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-41- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;4.2. <U>Authorization; Enforceability</U>. The execution, delivery and performance by Buyer
of this Agreement, and of all of the documents and instruments required hereby from Buyer, are within the corporate power of Buyer and have been duly authorized by all necessary corporate action of Buyer. This Agreement is, and the other documents
and instruments required hereby to which Buyer is a party will be, when duly executed and delivered by the parties hereto or thereto, the legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with their respective
terms. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;4.3. <U>No Violation or Conflict</U>. The execution, delivery and performance of this Agreement, and the other
documents and instruments required hereby to which Buyer is a party, by Buyer do not and will not conflict with or violate any Law, judgment, order or decree binding on Buyer or the charter or bylaws of Buyer. Except for compliance with the HSR Act,
any required disclosure under the Securities Exchange Act of 1934, as amended, and compliance with applicable Brazilian securities, merger control and antitrust Laws and regulations, no notice to, filing or registration with, or authorization,
consent or approval of, any governmental, regulatory or self-regulatory agency is necessary or is required to be made or obtained by Buyer in connection with the execution and delivery of this Agreement, and the other documents and instruments
required hereby to which Buyer is a party, by Buyer or the consummation by Buyer of the transactions contemplated hereby. Except as set forth in <U>Exhibit&nbsp;4.3</U> attached hereto, the execution, delivery and performance of this Agreement, and
the other documents and instruments required hereby to which Buyer is a party, do not and will not constitute a violation or breach of any contract to which Buyer is a party or by which Buyer is bound, or require the consent or approval of , or any
notice to, any party to any such contract or give any party to any such contract a right of termination, cancellation, acceleration or modification thereunder, except </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-42- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">where such violation or breach or the failure to obtain such consent or approval would not have a material adverse effect on Buyer&#146;s ability to
consummate the transactions contemplated hereby or perform its obligations hereunder. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;4.4. <U>No Broker</U>. Buyer has
retained no broker or other intermediary to act on its behalf in connection with the transactions contemplated by this Agreement except JPMorgan Chase, and Buyer will pay all fees due to JPMorgan Chase in connection with the transactions
contemplated by this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;4.5. <U>Purchase for Investment</U>. Buyer is a sophisticated investor, represented by
independent legal and investment counsel with experience in the acquisition and valuation of ongoing businesses and acknowledges that it has received, or has had access to, all information which it considers necessary or advisable to enable it to
make an informed investment decision concerning its purchase of the Stock. Buyer acknowledges that the offer and sale of the Stock contemplated herein has not been registered under the Securities Act of 1933, as amended (the &#147;Securities
Act&#148;), or under any state securities Laws. Buyer is acquiring the Stock for its own account for investment purposes only and not with a view to any public distribution thereof or with any intention of selling, distributing or otherwise
disposing of the Stock in a manner that would violate the registration requirements of the Securities Act. Buyer agrees that the Stock may not be sold, transferred, offered for sale, pledged, hypothecated or otherwise disposed of without
registration under the Securities Act and any applicable state securities laws, except pursuant to an exemption from such registration under the Securities Act and such laws. Buyer is able to bear the economic risk of holding the Stock for an
indefinite period (including total loss of its investment), and (either alone or together with its advisors and representatives) has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits
and risk of its investment. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-43- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;4.6. <U>Financing</U>. Buyer will have on the Closing Date sufficient funds available (from
effective credit facilities and/or cash on hand) to consummate the transactions contemplated herein. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;4.7. <U>No
Intermediary</U>. Buyer represents and warrants that (a)&nbsp;it has not entered into, and has no plan or intention to enter into or to cause the Company or any of its Subsidiaries to enter into (except in the ordinary course of business of the
Company and its Subsidiaries), negotiations with any third party regarding the sale, transfer, assignment, conveyance or other disposition of the Stock or any material assets of the Company and its Subsidiaries and (b)&nbsp;it has not acted or been
engaged as an agent, broker, finder or intermediary on behalf of any Person with respect to the sale, transfer, assignment, conveyance or other disposition of the Stock or any assets of the Company and its Subsidiaries. </FONT></P> <P
STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE V </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>CERTAIN MATTERS PENDING
THE CLOSING </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Seller and Buyer covenant and agree that from and after the date of this Agreement and until the Closing Date: </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;5.1. <U>Carry on in Regular Course</U>. Except as specifically contemplated by this Agreement and except as set forth on <U>Exhibit
3.20</U> attached hereto, Seller shall cause the Company and its Subsidiaries to (a)&nbsp;carry on their respective businesses, including transactions with their respective Affiliates, in the ordinary course and substantially in the same manner as
heretofore carried on (including the collection of receivables and the payment of payables); (b)&nbsp;comply in all material respects with applicable Laws; and (c)&nbsp;use their respective commercially reasonable efforts to preserve their assets,
properties, businesses and relationships with </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-44- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">employees, suppliers and customers. Without limiting the generality of the foregoing, Seller will cause the Company and each of its Subsidiaries not to take
any action (or permit, agree or commit to take any action) prior to Closing that, if taken prior to the date of this Agreement, would require disclosure under <U>Section&nbsp;3.20</U> (No Adverse Change) or otherwise constitute a breach thereof,
without the prior written consent of Buyer. Seller will advise Buyer promptly in writing of any change in the business, financial position, results of operations, assets or liabilities of the Company or its Subsidiaries constituting a Material
Adverse Effect. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;5.2. <U>Compensation</U>. Without the prior written consent of Buyer or as otherwise expressly contemplated
in this Agreement, Seller shall not permit the Company or its Subsidiaries to (a)&nbsp;grant any increases, except for increases in the ordinary course of business or as required by any existing Employee Benefit Plan or collective bargaining
agreement, in the rate of pay of any employees of the Company and its Subsidiaries, (b)&nbsp;permit the Company and its Subsidiaries to institute any new Employee Benefit Plan, amend, alter or terminate, partially or completely, any Employee Benefit
Plan or assume, enter into, amend, alter or terminate any collective bargaining agreement to which the Company or its Subsidiaries are a party or by which the Company or its Subsidiaries are affected or (c)&nbsp;hire any new employees or terminate
the employment of any existing employees, except in the ordinary course of business or as required by Law or the terms of any existing Employee Benefit Plan or collective bargaining agreement. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;5.3. <U>Compliance with Law</U>. Seller shall cause the Company and its Subsidiaries to comply in all material respects with all applicable
Laws and with all orders of any court or of any foreign, federal, state, municipal or other governmental Person binding upon the Company or its Subsidiaries (except for any such orders which are being contested by the Company or its Subsidiaries in
good faith by appropriate proceedings). </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-45- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;5.4. <U>Access</U>. At Buyer&#146;s expense, Buyer and its authorized agents, officers and
representatives shall have reasonable access to the employees, properties, books and records, Contracts, information and documents of the Company and its Subsidiaries to conduct such examinations and investigations of the Company and its
Subsidiaries as Buyer deems necessary; <U>provided</U>, <U>however</U>, that such examinations and investigations: (a)&nbsp;shall be conducted only in the presence of a designated representative of Seller; (b)&nbsp;shall be conducted during the
normal business hours of the Company and its Subsidiaries; and (c)&nbsp;shall not unreasonably interfere with the operations and activities of the Company and its Subsidiaries. Seller shall cause the Company and its Subsidiaries and their officers,
employees, counsel, independent auditors and financial advisors to cooperate in all reasonable respects with Buyer&#146;s examinations and investigations. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">Section&nbsp;5.5. <U>Filings; Approvals and Consents; Cooperation</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) Upon the terms and subject to
the conditions set forth in this Agreement, each of the parties hereto agrees to use its commercially reasonable efforts to take, or cause to be taken, all actions, and to do, or cause to be done, and to assist and cooperate with the other parties
in doing, all things necessary, proper or advisable to consummate and make effective, in the most expeditious manner reasonably practicable, the transactions contemplated by this Agreement, including, without limitation, (i)&nbsp;the obtaining of
all necessary actions or nonactions, waivers, consents and approvals from Governmental Authorities, the making of all necessary registrations and filings (including filings with Governmental Authorities) and the taking of all reasonable steps as may
be necessary to obtain an approval or waiver from, or to avoid an action </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-46- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">or proceeding by, any Governmental Authority, (ii)&nbsp;the obtaining of all necessary consents, approvals or waivers from third parties, (iii)&nbsp;the
defending of any lawsuits or other legal proceedings, whether judicial or administrative, investigating or challenging this Agreement or the consummation of any of the transactions contemplated by this Agreement, including seeking to have any stay,
injunction or temporary restraining order entered by any court or other Governmental Authority vacated or reversed and (iv)&nbsp;the execution and delivery of any additional instruments necessary to consummate the transactions contemplated by, and
to fully carry out the purposes of, this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) Buyer and Seller shall file as soon as practicable after the date of this
Agreement, and in any event by March&nbsp;31, 2008, notifications under the HSR Act, shall respond as promptly as practicable to all inquiries or requests received from the Federal Trade Commission or the Antitrust Division of the Department of
Justice for additional information or documentation and shall respond as promptly as practicable to all inquiries and requests received from any State Attorney General or other Governmental Authority in connection with antitrust matters. The parties
shall cooperate with each other in connection with the making of all such filings or responses, including providing copies of all such documents to the other party and its advisors and consulting with the other party and its advisors on the contents
thereof prior to filing or responding, and notifying the other party of and allowing the other party to participate in any substantive calls or meetings relating thereto. Buyer and Seller agree to use their respective commercially reasonable efforts
to avoid the entry of (or, if entered, to lift, vacate or reverse) any order, decree, judgment or ruling of any court or Governmental Authority restraining or preventing the consummation of the transactions contemplated herein on the basis of any
federal, state or local antitrust Laws; <U>provided</U>, that in no event shall Buyer or Seller be </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-47- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">obligated under this <U>Section&nbsp;5.5</U> to take any action which is reasonably likely to result in a Material Adverse Effect on the Company and its
Subsidiaries taken as a whole or have a material adverse effect on Buyer or Seller. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) Buyer and Seller each shall, upon request by the
other, furnish the other with all information concerning itself, the Company and its Subsidiaries and such other matters as may be reasonably necessary or advisable in connection with any statement, filing, notice or application made by or on behalf
of Buyer, Seller, the Company and its Subsidiaries to any third party or any Governmental Authority in connection with the transactions contemplated by this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(d) Buyer and Seller shall keep the other apprised of the status of matters relating to completion of the transactions contemplated hereby, including promptly furnishing the other with copies of material notices or
other material communications received by Buyer, Seller, the Company or its Subsidiaries, as the case may be, from any third party or any Governmental Authority with respect to the transactions contemplated by this Agreement. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e) Buyer and Seller shall each pay its own expenses related to complying with this <U>Section&nbsp;5.5</U>; <U>provided</U>, <U>however</U>, that if
Buyer seeks approval under the HSR Act for, or otherwise indicates to applicable Governmental Authorities its intention to pursue, any other transactions in the beef industry prior to the satisfaction of the conditions set forth in <U>Sections
6.4</U> and <U>7.4</U> of this Agreement, then Buyer shall promptly upon request reimburse Seller for all of its out-of-pocket costs, including the fees and expenses of Seller&#146;s counsel, incurred in responding to any inquiries or requests
(including a &#147;second request&#148; under the HSR Act) from the Antitrust Division of the Department of Justice, the Federal Trade Commission, any State Attorney General or other Governmental Authority. For the avoidance of doubt, Buyer shall
pay the requisite filing fee under the HSR Act relating to the transactions contemplated in this Agreement. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-48- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;5.6. <U>Publicity</U>. All general notices, releases, statements and communications to
employees, suppliers, distributors and customers of the Company and its Subsidiaries and to the general public and the press relating to the transactions contemplated by this Agreement shall be made only at such times and in such manner as may be
mutually agreed upon by Buyer and Seller; <U>provided</U>, <U>however</U>, that either Seller or Buyer shall be entitled to make a public announcement relating to the transactions contemplated herein if, in the opinion of its legal counsel, such
announcement is required to comply with Law or applicable stock exchange rules and regulations. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;5.7. <U>Confidentiality</U>.
Notwithstanding any other provision of this Agreement to the contrary, Buyer agrees that, unless and until the transactions contemplated herein are consummated, Buyer shall remain subject to all of the terms and conditions of the Confidentiality
Agreement, the terms of which are incorporated herein by reference. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;5.8. <U>Title Insurance and Survey</U>. The Company shall
provide Buyer&#146;s title company with any customary and reasonable owner&#146;s affidavit or other assurances reasonably requested by such title company to issue owner&#146;s title policies to Buyer; <U>provided</U>, <U>however</U>, that Seller
shall not be required to pay any cost, fee or expense related thereto or make any indemnity or other assurance. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;5.9.
<U>Termination of Certain Intercompany Contracts</U>. Prior to Closing, Seller shall cause the Company and its Subsidiaries to terminate those certain Contracts between one or more of the Company and its Subsidiaries, on the one hand, and Seller and
its Affiliates (other than the Company and its Subsidiaries), on the other hand, that are set forth on <U>Exhibit&nbsp;5.9</U> attached hereto. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-49- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;5.10. <U>Update of Company Disclosure Schedule; Knowledge of Breach</U>. Seller shall, as
soon as reasonably practicable after it obtains knowledge thereof prior to the Closing Date, deliver to Buyer any information concerning a change or any event occurring subsequent to the date hereof and prior to the Closing Date that causes any
Exhibit hereto to become incorrect or incomplete in any material respect or to otherwise correct or amend any Exhibit hereto to reflect such change or event, it being understood and agreed that the delivery of such information shall not in any
manner constitute a waiver by Buyer of any of the conditions precedent to the Closing hereunder, including the condition contained in <U>Section&nbsp;6.3</U>; <U>provided</U>, <U>however</U>, that in determining whether there is a breach of any
representation or warranty contained in <U>Article&nbsp;III</U> for purposes of the indemnification to be provided by Seller pursuant to <U>Article&nbsp;VIII</U>, such representation or warranty shall be qualified by any information provided
pursuant to this <U>Section&nbsp;5.10</U> if, (a)&nbsp;Seller stipulates that such information, individually or in the aggregate, would prevent the condition set forth in <U>Section&nbsp;6.3</U> from being satisfied, and (b)&nbsp;Buyer waives the
satisfaction of the condition set forth in <U>Section&nbsp;6.3</U> with respect to such information. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;5.11. <U>Certain
Notices</U>. Until the Closing, Seller shall give notice to the Buyer, and the Buyer shall give notice to Seller, of any representation or warranty made by it or the other party contained in this Agreement becoming untrue or inaccurate in any
material respect or the failure by it to comply with or satisfy in any material respect any covenant, condition or agreement to be complied with or satisfied by it under this Agreement. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-50- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;5.12. <U>Landlord Estoppels</U>. Seller shall use its commercially reasonable efforts to
obtain from landlords of Real Property leased by Seller, the Company or its Subsidiaries and constituting Material Contracts, estoppel certificates confirming whether there are any defaults or outstanding amounts owed thereunder. </FONT></P> <P
STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE VI </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>CONDITIONS PRECEDENT TO
THE OBLIGATIONS OF BUYER </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Each and every obligation of Buyer to be performed at the Closing shall be subject to the satisfaction prior
to or at the Closing, or waiver by Buyer, of the following express conditions precedent: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.1. <U>Compliance with
Agreement</U>. Seller shall have performed and complied in all material respects with all of its obligations under this Agreement that are to be performed or complied with by it prior to or at the Closing. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.2. <U>No Injunction or Restraint</U>. No Law, injunction, judgment or ruling enacted, promulgated, issued, entered, amended or enforced by
any Governmental Authority enjoining, restraining, preventing or prohibiting consummation of the transactions contemplated herein or making the consummation of the transactions contemplated herein illegal (collectively, &#147;Restraints&#148;) shall
be in effect and shall have become final and nonappealable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.3. <U>Representations and Warranties</U>. The representations
and warranties made by Seller in this Agreement shall be true and correct (excluding all qualifications as to &#147;materiality,&#148; &#147;Material Adverse Effect&#148; or any similar phrase) as of the Closing Date with the same force and effect
as though such representations and warranties had been made on the Closing Date (except as to any representation or warranty that specifically relates to an earlier date, which representation or warranty shall be true and correct as of such earlier
date), except for such breaches and inaccuracies thereof which do not, in the aggregate, constitute a Material Adverse Effect. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-51- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.4. <U>Antitrust Filings</U>. The &#147;waiting period&#148; applicable to the transactions
contemplated by this Agreement which are imposed by the HSR Act and regulations promulgated thereunder shall have expired prior to the Closing Date or shall have been terminated by the appropriate agency. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.5. <U>Consents</U>. All consents, approvals, certificates and authorizations required to be obtained by Seller, the Company and its
Subsidiaries or Buyer in connection with the sale of the Stock that are specifically identified on <U>Exhibits 3.3, 3.7</U> and <U>4.3</U> attached hereto shall have been obtained. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.6. <U>Deliveries at Closing</U>. Seller shall have delivered to Buyer the following documents, each properly executed by each party
thereto and dated as of the Closing Date: (a)&nbsp;executed resignations of those officers and directors of the Company and its Subsidiaries who are designated by Buyer; (b)&nbsp;Seller&#146;s Closing Certificate; (c)&nbsp;Seller&#146;s
Secretary&#146;s Certificate; (d)&nbsp;the Cattle Supply and Custom Feeding Agreements; (e)&nbsp;the Non-Competition Agreements; and (f)&nbsp;the certificates representing the Stock together with a duly executed stock power therefor to convey the
Stock to Buyer. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.7. <U>Five Rivers LLC</U>. The Company shall have obtained direct or indirect ownership of 100% of the
ownership interests of Five Rivers LLC free and clear of all Liens. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.8. <U>Release of Liens</U>. Seller shall have caused
the Company and its Subsidiaries to have released, removed or cancelled all of the Liens to be Released Prior to Closing. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-52- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;6.9. <U>Absence of Proceedings</U>. There shall not be pending or threatened in writing any
proceeding by any Governmental Authority challenging or seeking to restrain or prohibit any of the transactions contemplated by this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;6.10. <U>FIRPTA Affidavit</U>. The Seller shall deliver to Buyer a non-foreign affidavit dated as of the Closing Date and in form and substance required under the Treasury Regulations issued pursuant to Section&nbsp;1445(b) of
the Code (the &#147;FIRPTA Affidavit&#148;). </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE VII </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>CONDITIONS PRECEDENT TO THE OBLIGATIONS OF SELLER </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Each and every obligation of
Seller to be performed at the Closing shall be subject to the satisfaction prior to or at the Closing, or waiver by Seller, of the following express conditions precedent: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">Section&nbsp;7.1. <U>Compliance with Agreement</U>. Buyer shall have performed and complied in all material respects with all of its obligations under this Agreement that are to be performed or complied with by it
prior to or at the Closing. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;7.2. <U>No Injunction or Restraint</U>. No Restraint shall be in effect and shall have become
final and nonappealable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;7.3. <U>Representations and Warranties</U>. The representations and warranties made by Buyer in this
Agreement shall be true and correct (excluding all qualifications as to &#147;materiality,&#148; &#147;Material Adverse Effect&#148; or any similar phrase) as of the Closing Date with the same force and effect as though such representations and
warranties had been made on the Closing Date (except as to any representation or warranty that specifically relates to an earlier date, which representation or warranty shall be true and correct as of such earlier date), except for such breaches and
inaccuracies thereof which will not, in the aggregate, have a material adverse effect on Buyer&#146;s ability to perform its obligations under this Agreement. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-53- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;7.4. <U>Antitrust Filings</U>. The &#147;waiting period&#148; applicable to the transactions
contemplated by this Agreement which are imposed by the HSR Act and the regulations promulgated thereunder shall have expired prior to the Closing Date or shall have been terminated by the appropriate agency. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;7.5. <U>Deliveries at Closing</U>. Buyer shall have delivered to Seller the following documents, each properly executed by each party
thereto and dated as of the Closing Date: (a)&nbsp;Buyer&#146;s Closing Certificate; (b)&nbsp;the Cattle Supply and Custom Feeding Agreements; and (c)Buyer&#146;s Secretary&#146;s Certificate. In addition, Buyer shall pay the Initial Purchase Price
to Seller at Closing in accordance with <U>Section&nbsp;2.2</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;7.6. <U>Absence of Proceedings</U>. There shall not
be pending or threatened in writing any proceeding by any Governmental Authority challenging or seeking to restrain or prohibit any of the transactions contemplated by this Agreement. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;7.7. <U>Consents</U>. All consents, approvals, certificates and authorizations required to be obtained by Buyer, the Company and its
Subsidiaries or Seller in connection with the purchase of the Stock that are specifically identified on <U>Exhibits 3.3</U>, <U>3.7</U> and <U>4.3</U> attached hereto shall have been obtained. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE VIII </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>INDEMNIFICATION AND ADDITIONAL COVENANTS </B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.1. <U>Seller&#146;s Indemnity</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman"
SIZE="2">(a) Seller hereby agrees to indemnify and hold Buyer, the Company and its Subsidiaries harmless from and against, and agrees to defend promptly Buyer, the Company and its Subsidiaries from and to reimburse Buyer, the Company and its
Subsidiaries for, any and all losses, damages, costs, expenses, liabilities, obligations and claims of any kind, including, without limitation, reasonable attorneys&#146; fees and other legal costs and expenses (hereinafter </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-54- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">referred to collectively as &#147;Losses&#148;), that Buyer, the Company and its Subsidiaries may at any time suffer or incur, or become subject to, as a
result of or in connection with (i)&nbsp;any breach or inaccuracy of any of the representations and warranties made by Seller in this Agreement, (ii)&nbsp;any failure by Seller to perform any of its covenants and obligations set forth in this
Agreement or in any agreement, document or instrument delivered pursuant hereto (iii)&nbsp;the Excluded Assets, the obligations arising from and after the Effective Time of Closing under the Excluded Contracts assigned to Seller or its Affiliatesor
Excluded Liabilities and (iv)&nbsp;those matters set forth in <U>Exhibit 8.1</U> attached hereto; <U>provided</U>, <U>however</U>, that Seller shall not be required to indemnify Buyer, the Company and its Subsidiaries pursuant to
<U>Section&nbsp;8.1(a)(i)</U> hereof in respect of the representations and warranties made by Seller unless such right to indemnification is asserted by Buyer, the Company or its Subsidiaries (whether or not such Losses have actually been incurred)
by written notice to Seller within the following time periods: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(w) with respect to the representations and warranties set
forth in <U>Section&nbsp;3.14</U> (Tax Matters) and <U>Section&nbsp;3.15</U> (Employee Benefit Plans) hereof, within the applicable statute of limitations with respect to the underlying Law which forms the basis of such claim (including all
extensions thereof agreed to with Tax authorities); </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(x) with respect to the representations and warranties set forth in
<U>Section&nbsp;3.4</U> (Title to Stock), <U>Section&nbsp;3.6</U> (Capitalization of the Company and its Subsidiaries) and the first sentence of <U>Section&nbsp;3.8</U> (Title to and Sufficiency of Assets) hereof, without time limitations;
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(y) with respect to the representations and warranties set forth in <U>Section&nbsp;3.18</U> (Environmental Matters)
hereof, within five years after the Closing Date; and </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-55- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(z) with respect to all other representations and warranties set forth in <U>Article
III</U> hereof, within 18 months after the Closing Date. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Notwithstanding the foregoing, except with respect to Income Taxes (indemnification of which is
governed by <U>Section&nbsp;8.5</U>), Seller shall not be required to indemnify Buyer, the Company and its Subsidiaries pursuant to <U>Section&nbsp;8.1(a)(i)</U> in respect of the representations and warranties made by Seller: (i)&nbsp;for any
individual claim with respect to Losses that does not, or any related collection of claims that in the aggregate do not, exceed $25,000 (the &#147;Minimum Claim&#148;), which claims shall not be applied to or considered for purposes of calculating
the Basket and the Cap; and (ii)&nbsp;unless and until the amount of all Losses for which indemnification is sought hereunder first exceeds $2,500,000 (the &#147;Basket&#148;), in which event only Losses in excess of $2,500,000 shall be subject to
indemnification. Seller&#146;s aggregate obligation pursuant to <U>Section&nbsp;8.1(a)(i)</U> shall in no event exceed $100,000,000 (the &#147;Cap&#148;). Notwithstanding anything contained herein to the contrary, the limitations of Seller&#146;s
indemnification obligations set forth in the immediately preceding two sentences shall not apply to indemnification sought under <U>Section&nbsp;8.1(a)(i)</U> with respect to breaches of any representations or warranties contained in <U>Sections
3.1</U> (Organization of Seller), <U>3.2</U> (Authorization; Enforceability), <U>3.4</U> (Title to Stock), <U>3.6</U> (Capitalization of the Company and its Subsidiaries), the first sentence of <U>3.8</U> (Title to and Sufficiency of Assets) and
<U>3.21</U> (No Broker). </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) The amounts for which Seller shall be liable under <U>Section&nbsp;8.1(a)</U> hereof shall be net of any
insurance proceeds received by Buyer, the Company and its Subsidiaries in connection with the facts giving rise to the right of indemnification. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman"
SIZE="2">(c) In the event a claim against Buyer, the Company and its Subsidiaries arises that is covered by the indemnity provisions of <U>Section&nbsp;8.1(a)</U> of this Agreement, notice </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-56- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">shall be promptly given by Buyer, the Company or its Subsidiaries to Seller; <U>provided</U>, <U>however</U>, that Buyer&#146;s failure to notify or delay in
notifying Seller shall not relieve Seller from any liability that it may have to Buyer, except to the extent that Seller is materially prejudiced by such failure or delay and then only to the extent of such prejudice. Provided that Seller admits in
writing to the party seeking indemnification that such claim is covered by the indemnity provisions of <U>Section&nbsp;8.1(a)</U> hereof, Seller shall have the right to contest and defend by all appropriate legal proceedings such claim and to
control all settlements (unless Seller requests and Buyer agrees to assume the cost of settlement and to forgo such indemnity) and to select lead counsel to defend any and all such claims at the sole cost and expense of Seller; <U>provided</U>,
<U>however</U>, that Seller may not, without the consent of the indemnified party (which consent shall not be unreasonably withheld), enter into any settlement or consent to entry of any judgment that (i)&nbsp;does not include as an unconditional
term thereof the giving by the Person or Persons asserting such claim to the indemnified party of an unconditional release from all liability with respect to such claim (and any potential similar or analogous claims), (ii)&nbsp;involves any
non-monetary relief or remedy, including any restrictions on the indemnified party&#146;s ability to operate or compete, or (iii)&nbsp;involves any admission of violation of Law. Buyer may select counsel to participate in any defense, in which event
Buyer&#146;s counsel shall be at the sole cost and expense of Buyer. In connection with any such claim, action or proceeding, the parties shall cooperate with each other and provide each other with access to relevant books and records in their
possession. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) Except for instances of fraud or willful misconduct and as set forth in <U>Sections 8.3</U> and <U>8.5</U> hereof, this
<U>Section&nbsp;8.1</U> shall be the sole remedy of Buyer, the Company and its Subsidiaries against Seller after Closing for any claim arising in connection with this Agreement or the transactions contemplated herein. Seller&#146;s representations
and warranties </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-57- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">made herein shall survive the Closing, but only to the extent and for such time as is necessary to enable Buyer, the Company and its Subsidiaries to enforce
their rights to indemnification under this Section. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.2. <U>Buyer&#146;s Indemnity</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) Buyer hereby agrees to indemnify and hold Seller harmless from and against, and agrees to defend promptly Seller from and to reimburse Seller for, any
and all Losses that Seller may at any time suffer or incur, or become subject to, as a result of or in connection with (i)&nbsp;any breach or inaccuracy of any of the representations and warranties made by Buyer in this Agreement, (ii)&nbsp;any
failure by Buyer to perform any of its covenants and obligations set forth in this Agreement or in any agreement, document or instrument delivered pursuant hereto, (iii)&nbsp;the obligations arising from and after the Effective Time of Closing under
the Additional Contracts assigned to the Company or its Subsidiaries, and (iv)&nbsp;all liabilities of the Company and its Subsidiaries (whether arising before or after the Effective Time of Closing) except to the extent such liabilities or
obligations are indemnifiable by Seller pursuant to <U>Section&nbsp;8.1(a)(i)</U> hereof; <U>provided</U>, <U>however</U>, that Buyer shall not be required to indemnify Seller pursuant to <U>Section&nbsp;8.2(a)(i)</U> hereof in respect of the
representations and warranties made by Buyer unless such right is asserted (whether or not such Losses have actually been incurred) by written notice to Buyer within 18 months after the Closing Date. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) The amounts for which Buyer shall be liable under this <U>Section&nbsp;8.2(a)</U> shall be net of any insurance proceeds received by Seller in
connection with the facts giving rise to the right of indemnification. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) In the event a claim against Seller arises that is covered by
the indemnity provisions of <U>Section&nbsp;8.2(a)</U> of this Agreement, notice shall be promptly given by Seller to </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-58- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">Buyer; <U>provided</U>, <U>however</U>, that Seller&#146;s failure to notify or delay in notifying Buyer shall not relieve Buyer from any liability that it
may have to Seller, except to the extent that Buyer is materially prejudiced by such failure or delay and then only to the extent of such prejudice. Provided that Buyer admits in writing to Seller that such claim is covered by the indemnity
provisions of <U>Section&nbsp;8.2(a)</U> hereof, Buyer shall have the right to contest and defend by all appropriate legal proceedings such claim and to control all settlements (unless Seller agrees to assume the cost of settlement and to forgo such
indemnity) and to select lead counsel to defend any and all such claims at the sole cost and expense of Buyer; <U>provided</U>, <U>however</U>, that Buyer may not, without the consent of the indemnified party (which consent shall not be unreasonably
withheld), enter into any settlement or consent to entry of any judgment that (i)&nbsp;does not include as an unconditional term thereof the giving by the Person or Persons asserting such claim to the indemnified party of an unconditional release
from all liability with respect to such claim (and any potential similar or analogous claims), (ii)&nbsp;involves any non-monetary relief or remedy, including any restrictions on the indemnified party&#146;s ability to operate or compete, or
(iii)&nbsp;involves any admission of violation of Law. Seller may select counsel to participate in any defense, in which event such counsel shall be at the sole cost and expense of Seller. In connection with any such claim, action or proceeding, the
parties shall cooperate with each other and provide each other with access to relevant books and records in their possession. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) Except
for instances of fraud or willful misconduct and as provided in <U>Sections 8.3</U>, <U>8.4</U>, <U>8.5</U>, <U>8.6</U> and <U>8.8</U> hereof, this <U>Section&nbsp;8.2</U> shall be the sole remedy of Seller against Buyer after Closing for any claim
arising in connection with this Agreement or the transactions contemplated herein. Buyer&#146;s representations and warranties made herein shall survive the Closing, but only to the extent and for such time as is necessary to enable Seller to
enforce its rights to indemnification under this Section. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-59- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.3. <U>Employee Benefit Matters</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) From the Effective Time and until one year after the Closing Date, Buyer shall provide, and shall cause the Company and its Subsidiaries to provide,
to all employees of the Company and its Subsidiaries as of the Closing Date, including employees who are on vacation, disability, family leave, layoff or other authorized leaves of absence that have been agreed or consented to by the Company or its
Subsidiaries, as the case may be, or protected by Law and the eligible dependents thereof, compensation and employee benefits that are, in the aggregate, no less favorable than those provided to them immediately before the Closing. Except as
provided in <U>Section&nbsp;8.3(b)</U> and <U>Section&nbsp;8.4</U> hereof, Buyer is not obligated to provide any severance benefits upon cessation of employment. For purposes of the benefits provided by Buyer and the Company and its Subsidiaries
that are described in this <U>Section&nbsp;8.3</U>: (i)&nbsp;all vacation, sick leave and personal leave that is unpaid as of the Closing shall be honored; (ii)&nbsp;employees&#146; service with Seller, the Company and its Subsidiaries prior to the
Closing shall be honored to the extent that service is relevant for purposes of eligibility, vesting and the calculation of vacation, sick days, paid time off, severance and similar benefits (but not for purposes of pension benefit accruals);
(iii)&nbsp;service credit for purposes of the Family Medical Leave Act, similar state and local leave laws and vacation, sick and personal leave shall be honored to the extent such service has been credited by the Company or any of its Subsidiaries
as of the Closing; and (iv)&nbsp;no exclusion for any pre-existing condition that is not excluded as of the date hereof under the applicable Employee Benefit Plan shall apply. From and after the Closing, Buyer shall, and shall cause the Company and
its Subsidiaries to, apply prior periods of health </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-60- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">insurance coverage towards any pre-existing condition limitations pursuant to the Health Insurance Portability and Accountability Act of 1996 and shall
provide employees of the Company and its Subsidiaries with credit for co-payments and deductibles made during the calendar year in which the Closing occurs for purposes of satisfying any applicable co-payment and deductible requirement under any
benefit plan maintained by Buyer or the Company and its Subsidiaries under which welfare benefits are provided to such employees on or after the Closing. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(b) Buyer shall cause the Company to honor, and pay benefits due in accordance with, the terms of the Smithfield Beef Group, Inc. Severance Plan as in effect on the Closing Date and the Smithfield Beef Group, Inc.
Supplemental Severance Plan as in effect on the Closing Date (the &#147;Supplemental Plan&#148;). Buyer shall cause Five Rivers LLC to honor, and pay benefits due in accordance with, the terms of the Five Rivers Severance Guidelines (the
&#147;Guidelines&#148;), as in effect on the Closing Date, for Five Rivers LLC employees who become entitled to benefits under the Guidelines on or before the date that is six months after the Closing Date and the Five Rivers Ranch Cattle Feeding
LLC Supplemental Severance Plan (the &#147;Five Rivers LLC Supplemental Plan&#148;). Seller shall promptly reimburse the Company and Five Rivers LLC, as applicable, for benefits (severance, bonus and employer-subsidized COBRA coverage (i.e., the
excess of the allowable COBRA premium over the amount paid by the employee for COBRA coverage, in accordance with the Supplemental Plan or the Five Rivers LLC Supplemental Plan), paid by the Company or Five Rivers LLC, as applicable, pursuant to the
Supplemental Plan and the Five Rivers LLC Supplemental Plan, reduced by the value of the tax deduction allowable to the Company or a Subsidiary with respect to those benefits, plus any employment taxes imposed on the Company or Five Rivers LLC, as
applicable, that are paid by the Company with respect to those benefits. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-61- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) Buyer shall establish or designate a defined contribution plan that satisfies the requirements of
Section&nbsp;401(a) of the Code (the &#147;Buyer&#146;s Plan&#148;). Buyer agrees that employees of the Company or a Subsidiary who participate in the Smithfield Foods 401(k) Plan and the Smithfield Foods Bargaining 401(k) Plan (the
&#147;Seller&#146;s Plans&#148;) shall be permitted to rollover their accounts in the Seller&#146;s Plans to the Buyer&#146;s Plan; <U>provided</U>, <U>however</U>, that such rollover shall be conditioned upon receipt by Buyer, with respect to each
Seller&#146;s Plan, of (i)&nbsp;a copy of the most recent favorable IRS determination letter for such Seller&#146;s Plan, or (ii)&nbsp;a letter from the Seller stating that such Seller&#146;s Plan is intended to satisfy the requirements of
Section&nbsp;401(a) of the Code that a request for a favorable determination letter with respect to the Seller&#146;s Plan is pending with the IRS and the Seller is not aware of any plan provision or operational issue that would result in the
disqualification of the Seller&#146;s Plan under Section&nbsp;401(a) of the Code; and <U>provided further</U>, that such rollovers shall be in cash or cash and the promissory note evidencing any outstanding participant loan. With respect to any such
employee who has an outstanding participant loan under the Seller&#146;s Plans and while such employee&#146;s account is held in the Seller&#146;s Plans, Buyer shall cause the Company and the Subsidiaries to withhold payments on such loans from the
employee&#146;s compensation and to promptly remit the withholdings to the Seller&#146;s Plans; <U>provided</U>, that Seller provides to Buyer (or previously provided to the Company or appropriate Subsidiary), the amounts that are required to be
withheld from each employee&#146;s compensation in a timely manner. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.4. <U>WARN Matters</U>. Buyer acknowledges that the
employment related actions by the Company and its Subsidiaries before Closing may be considered in conjunction with any </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-62- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">other &#147;employment loss&#148; (within the meaning of WARN) or other actions by the Company and its Subsidiaries on or after the Closing Date to result in
a &#147;mass layoff&#148; or &#147;plant closing&#148; within the meaning of WARN. Subject to the following sentence, Buyer agrees to be solely responsible for, and to indemnify and hold Seller harmless from, all liabilities and obligations,
including attorneys&#146; fees, under WARN or any other Law requiring notice prior to termination of employment, and the payment of severance pay, wages or benefits, subject to <U>Section&nbsp;8.3(b)</U> hereof, as a result of or with respect to
(a)&nbsp;the transactions contemplated by this Agreement, (b)&nbsp;layoffs, employment terminations or other employment related actions or omissions occurring after the Closing Date (whether such actions alone or in conjunction with the employment
related actions by the Company and its Subsidiaries before Closing give rise to such liabilities or obligations) and (c)&nbsp;layoffs, employment terminations or other employment related actions or omissions occurring prior to the Closing Date, if
such liabilities or obligations arise as a result of &#147;employment loss&#148; (within the meaning of WARN) or other actions taken by Buyer or the Company or its Subsidiaries on or after the Closing Date. Buyer&#146;s commitment in the preceding
sentence is contingent upon (i)&nbsp;Seller providing Buyer with a list of all employees whose employment has been individually terminated or who have been laid off or otherwise suffered an employment loss within the 90-day period preceding the
Closing, such list to be provided at least 10 days prior to the Closing and updated and delivered to Buyer on the Closing Date and (ii)&nbsp;Seller&#146;s satisfaction of its obligations under clause (c)&nbsp;of <U>Section&nbsp;5.2</U> hereof.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.5. <U>Tax Matters</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman"
SIZE="2">(a) <U>Transfer Taxes</U>. All sales, transfer (including, without limitation, real estate transfer Tax), recording, deed, stamp, registration, documentary, conveyancing, franchise, property, notarial, grantor or grantee Taxes (but not
including any Income Taxes) in connection </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-63- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">with the effectuation of the transfer of the Stock, whether imposed on Buyer, Seller or the Company or its Subsidiaries, shall be paid by Buyer. The parties
shall cooperate to comply with all Tax Return requirements for such Taxes contemplated by this Section and shall provide such documentation and take such other actions as may be necessary to minimize the amount of any such Taxes. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) <U>Federal Income Taxes in General</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman"
SIZE="2">(i) The income and other Tax items of the Company and its Subsidiaries for periods ending on or before the Closing Date shall be included in the consolidated Federal Income Tax Return of the affiliated group, within the meaning of
Section&nbsp;1504(a) of the Code, of which Seller is a member (the &#147;Seller Tax Group&#148;). Except as otherwise provided in this <U>Section&nbsp;8.5</U>, Seller shall be responsible for and shall hold Buyer harmless from any Federal Income
Taxes of the Company and its Subsidiaries (including any amount payable by reason of Treasury Regulation &#167; 1.1502-6 or successor regulation of similar import) to the extent not paid before Closing, and shall be entitled to any reductions in
such Taxes or refunds (including interest), for taxable periods ending on or before or, with respect to the consolidated Federal Income Tax Return of the Seller Tax Group, including the Closing Date. If Buyer or the Company or any of its
Subsidiaries receives any such refund, Buyer shall promptly pay (or cause the Company and its Subsidiaries to pay) the entire amount of the refund (including interest) to Seller. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(ii) Buyer and the Company and its Subsidiaries shall be responsible for and shall indemnify and hold Seller and the Seller Tax Group harmless from all
Federal Income Taxes of the Company and its Subsidiaries for any taxable period beginning after the Closing Date and, with respect to prior taxable periods, for all Federal Income Taxes resulting </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-64- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">from any action taken without Seller&#146;s written consent by Buyer or any of its Affiliates (including the Company and its Subsidiaries) after the Closing
(including, without limitation, actions taken outside the ordinary course of business and occurring on the Closing Date). Buyer and the Company and its Subsidiaries shall be entitled to all refunds of such Taxes (including interest). </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) <U>State Income Taxes in General</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman"
SIZE="2">(i) Seller shall be responsible for preparing and filing the State Income Tax Returns of the Company and its Subsidiaries for taxable periods ending on or before the Closing Date. Except as otherwise provided in this
<U>Section&nbsp;8.5</U>, Seller shall indemnify and hold Buyer and the Company and its Subsidiaries harmless from any State Income Taxes of the Company and its Subsidiaries (including any amount payable by reason of any applicable provision of state
income Tax Law similar to Treasury Regulation &#167; 1.1502-6), to the extent not paid before Closing, and shall be entitled to any reductions in such Taxes or refunds (including interest) for such taxable periods. If Buyer or the Company or any of
its Subsidiaries receives any such refund, Buyer shall promptly pay (or cause the Company and its Subsidiaries to pay) the entire amount of such refund (including interest) to Seller. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(ii) Buyer and the Company and its Subsidiaries shall be responsible for and shall indemnify and hold Seller and the Seller Tax Group harmless from all
State Income Taxes of the Company and its Subsidiaries for any taxable period beginning after the Closing Date and, with respect to prior taxable periods, for all State Income Taxes resulting from any action taken without Seller&#146;s written
consent by Buyer or any of its Affiliates (including the Company and its Subsidiaries) after the Closing (including, without limitation, actions taken outside the ordinary course of business and occurring on the Closing Date). Buyer and the Company
and its Subsidiaries shall be entitled to all refunds of such Taxes (including interest). </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-65- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(iii) If any of the Company and its Subsidiaries is required to file any State Income Tax Return for a
taxable period covering days before and after the Closing Date, Buyer shall cause such Tax Return to be filed and shall be responsible for the payment of any State Income Tax for such period. However, Seller shall pay to Buyer or Buyer shall pay to
Seller, as appropriate and as an adjustment to the Final Purchase Price, the amount by which the State Income Tax attributable to the period through the Closing Date exceeds or is less than the amount of such Tax paid (including payments of
estimated Tax) on or before the Closing Date. The State Income Tax attributable to the period through the Closing Date shall be determined (A)&nbsp;as if that period were a separate taxable year, and (B)&nbsp;except as otherwise required by Law, by
using the Tax accounting methods and Tax elections used by the Company and its Subsidiaries before the Closing Date. Buyer shall compute the amount of the State Income Tax attributable to the period through the Closing Date and shall notify Seller
of such amount in writing no later than 30 days prior to the filing of any such State Income Tax Return. Within the 30-day period thereafter, Seller shall pay to Buyer or Buyer shall pay to Seller, as appropriate, the difference between (w)&nbsp;the
amount of State Income Tax determined by Buyer as attributable to the portion of the period through the Closing Date, and (x)&nbsp;the amount of the State Income Tax for the taxable period paid (including payments of estimated Tax) on or before the
Closing Date, unless within 30 days after such notification date, Seller notifies Buyer in writing that Seller disagrees with the computation of any such amount. In that case, Seller and Buyer shall proceed in good faith to determine the correct
amount, and Seller&#146;s payment to Buyer, or Buyer&#146;s payment to Seller, shall be due the later of (y)&nbsp;the time specified in the immediately preceding sentence or (z)&nbsp;10 days after Seller and Buyer agree to the amount payable.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-66- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) <U>Section&nbsp;338G</U>. Notwithstanding any other provision of this Agreement, the parties agree
that, if Buyer makes an election under Section&nbsp;338(g) with respect to the Company or any of its Subsidiaries, Buyer shall prepare and file the returns for, be responsible for the payment of, indemnify and hold Seller harmless from, and be
entitled to any refund (excluding any refund resulting from carrying back a loss or other Tax item to a period ending on or before the Closing Date) of any Taxes resulting from the election (and any corresponding election under state Law).
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e) <U>Cooperation</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(i)
Buyer agrees to cooperate and to cause the Company and its Subsidiaries to cooperate with Seller to the extent reasonably required after the Closing Date in connection with (A)&nbsp;the filing, amendment, preparation and execution of all Federal
Income Tax Returns and State Income Tax Returns with respect to any taxable period of the Company or any of its Subsidiaries ending on or before the Closing Date, (B)&nbsp;contests concerning the Federal Income Tax or State Income Tax due for any
such period and (C)&nbsp;audits and other proceedings relating to such Income Taxes with respect to any such period. Within a reasonable time (but not more than 10 days) after Buyer, the Company or any of its Subsidiaries receives official notice of
any such contest, audit or other proceeding, Buyer shall notify Seller in writing of such contest, audit or other proceeding. In any case where the Company or any of its Subsidiaries is responsible under applicable Law for the defense of such
contest, audit or other proceeding, Seller shall have the right to conduct the defense at its expense, whether such contest, audit or other proceeding commenced before or commences after the Closing Date. Notwithstanding </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-67- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">Seller&#146;s obligations under the preceding provisions of this <U>Section&nbsp;8.5</U>, Seller shall have no obligation to pay or to indemnify or hold
Buyer or the Company and its Subsidiaries harmless from any Income Tax imposed or assessed as a result of (x)&nbsp;the failure of Buyer to notify Seller as required by this paragraph, if such failure adversely affects Seller&#146;s ability to
respond adequately in a timely manner to the notice of contest, audit or other proceeding, or (y)&nbsp;any action taken by Buyer or the Company or any of its Subsidiaries with respect to any contest, audit or other proceeding without Seller&#146;s
written consent. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(ii) The amount of any Income Tax indemnification otherwise payable by Seller under this Agreement shall be reduced by
the amount or, in the case of a Tax benefit to be realized subsequently, the then-present value of any Federal Income Tax or State Income Tax benefit to Buyer or the Company or any of its Subsidiaries resulting from any adjustment to or change in
any Tax item relating to the Company or any of its Subsidiaries for any taxable period ending before or including the Closing Date. Such present value shall be based on a discount rate of five percent (5%)&nbsp;per annum. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(iii) Seller agrees to make available to Buyer and the Company and its Subsidiaries records in the custody of Seller or of any member of the Seller Tax
Group, to furnish other information and otherwise to cooperate to the extent reasonably required for the filing or audit of or other proceeding with respect to Federal Income Tax Returns and State Income Tax Returns relating to the Company or any of
its Subsidiaries for any taxable period ending after the Closing Date. However, no loss, credit or other item of the Company or any of its Subsidiaries may be carried back without Seller&#146;s written consent, which Seller may withhold in its
absolute discretion, to a taxable period for which (A)&nbsp;any of the Company and its Subsidiaries and (B)&nbsp;Seller or any entity affiliated with Seller filed a consolidated, unitary, combined or similar Tax Return. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-68- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(iv) Seller agrees to cooperate with Buyer, and Buyer agrees to cooperate (and cause the Company and its
Subsidiaries to cooperate) with Seller, to the extent necessary in connection with the filing of any Tax Return relating to the Buyer&#146;s acquisition of the Company and its Subsidiaries. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(f) <U>Payment of Accrued Income Taxes</U>. Notwithstanding any other provision of this Agreement, Seller has the right to receive from the Company and
its Subsidiaries accrued but unpaid Federal Income Taxes and State Income Taxes for taxable periods ending on or before the Closing Date. If funds for any such Taxes have not been paid by the Company and its Subsidiaries to Seller before Closing,
such funds shall be payable (and Buyer shall cause such funds to be paid) upon Seller&#146;s demand to the extent, and only to the extent, such Taxes are reflected as a liability on the Final Statement of Working Capital. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(g) <U>Termination of Tax-Sharing Agreement.</U> After the Closing, this <U>Section&nbsp;8.5</U> shall supersede any and all Tax-sharing or similar
agreements to which (i)&nbsp;the Company and its Subsidiaries, on the one hand, and (ii)&nbsp;Seller or any of its Affiliates, on the other hand, are parties. Neither the Company, its Subsidiaries, Seller nor any such Affiliates shall have any
obligation or right with respect to each other under any such prior agreement after the Closing. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(h) <U>Other Tax Returns and Taxes</U>.
The Company and its Subsidiaries (and not Seller) shall be responsible for preparing and filing all Tax Returns of the Company and its Subsidiaries other than those Tax Returns to which <U>Sections 8.5(a)</U> through <U>8.5(d)</U> apply (&#147;Other
Tax Returns&#148;). Except as otherwise required by Law or expressly agreed in writing by Seller </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-69- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">and Buyer, (i)&nbsp;each Other Tax Return filed after the Closing Date for any period ending on or before or including the Closing Date shall be based on the
same accounting methods and Tax elections as used for the same type of Other Tax Return filed most recently before the Closing Date, and (ii)&nbsp;no amended Other Tax Return may be filed for a period ending on or before or including the Closing
Date. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(i) <U>Relationship of Section&nbsp;8.5 to Sections 8.1 and 8.2</U>. Any conditions or limitations set forth in
<U>Section&nbsp;8.1</U> or <U>8.2</U> with respect to the monetary amount of claims or liability shall not apply to any claim or liability to which this <U>Section&nbsp;8.5</U> applies or to any breach of any obligation under this
<U>Section&nbsp;8.5</U>. In the event of any inconsistency between provisions of <U>Section&nbsp;8.1</U> or <U>8.2</U> and <U>Section&nbsp;8.5</U>, this <U>Section&nbsp;8.5</U> shall control. Seller shall have no liability under this Agreement for
any Taxes of the Company and its Subsidiaries except (i)&nbsp;as otherwise expressly provided in this <U>Section&nbsp;8.5</U> with respect to Federal Income Taxes and State Income Taxes of the Company and its Subsidiaries and (ii)&nbsp;solely with
respect to other Taxes, as provided in <U>Section&nbsp;8.1</U> hereof for inaccuracy or breach of a representation or warranty made by Seller in <U>Section&nbsp;3.14</U> hereof. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(j) Notwithstanding any other provision of this Agreement, the covenants and obligations set forth in this <U>Section&nbsp;8.5</U> shall survive until,
and any claim for indemnification with respect thereto must be made prior to, the expiration of the applicable statute of limitations with respect to the underlying Tax claim (including any valid extensions). </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.6. <U>Indemnity Amounts to be Computed on After-Tax Basis</U>. The amount of any indemnification payable under any of the provisions of
this <U>Article VIII</U> shall be (i)&nbsp;net of any Federal Income Tax or State Income Tax benefit realized or the then-present value (based on a discount rate of five percent per annum) of any such Income Tax benefit to be realized by the </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-70- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">indemnified party (or, where Buyer is the indemnified party, the Company and its Subsidiaries) by reason of the facts and circumstances giving rise to the
indemnification, and (ii)&nbsp;increased by the amount of any Federal Income Tax or State Income Tax required to be paid by the indemnified party on the accrual or receipt of the indemnification payment (including any amount payable pursuant to this
clause (ii)). For purposes of the preceding sentence, the amount of any State Income Tax benefit or cost shall take into account the Federal Income Tax effect of such benefit or cost. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.7. <U>Records</U>. Buyer shall cause the Company and its Subsidiaries to preserve and keep, free of charge, all original books, papers and
records of the Company and its Subsidiaries relating to periods prior to the Closing Date for a period of no less than seven years following the Closing Date. Buyer agrees to permit Seller and its employees, attorneys, accountants, agents and
designees access to such books, papers and records from and after the Closing Date for all reasonable purposes. Any such examination shall be at the expense of Seller, shall be performed at the place where such books, papers and records are
regularly maintained and shall not interfere unreasonably with Buyer&#146;s normal business activities. Buyer shall notify Seller at any time that it intends to destroy any or all of such books, papers and records, and Seller shall have the right to
review and remove at Seller&#146;s expense any of such books, papers and records. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.8. <U>No Use of Excluded Intangibles</U>.
Buyer agrees that without Seller&#146;s consent it will not, nor will it permit the Company and its Subsidiaries after the Closing Date to, make any use of any of the Excluded Intangibles including, without limitation, the names &#147;Smithfield
Foods, Inc.,&#148; &#147;Smithfield Beef&#148; or the wordmark &#147;Smithfield,&#148; or any variation thereof in any manner; <U>provided</U>, that for up to ninety (90)&nbsp;days following the Closing Date, the </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-71- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">Company and its Subsidiaries may sell in the ordinary course of business any inventory bearing any of such marks as of the Effective Time of Closing; and
<U>provided further</U>, that Buyer and the Company and its Subsidiaries shall indemnify and hold Seller harmless for any Losses suffered by Seller that are directly attributable to such use. As soon as reasonably practicable (but in any event,
within two (2)&nbsp;Business Days) following the Closing, each of the Company and its Subsidiaries shall change its corporate name to a name that does not make use of any of the names, phrases or marks set forth in this Section, or any names
confusingly similar to such names, phrases or marks. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.9. <U>Cooperation in Third-Party Proceedings</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) Seller agrees that after the Closing, Seller shall provide such cooperation as Buyer, the Company and/or its Subsidiaries or their counsel may
reasonably request in connection with any proceedings related to the conduct of the Company and its Subsidiaries prior to the Closing. Such cooperation shall include, without limitation, making employees of Seller available upon the reasonable
request and at the expense of Buyer, the Company and/or its Subsidiaries, as the case may be, to consult with and assist Buyer, the Company and its Subsidiaries and their counsel in connection with any such proceedings and to prepare for and testify
in any such proceedings, including depositions, trials and arbitration proceedings. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) Buyer agrees that after the Closing, Buyer shall
provide and shall cause the Company and its Subsidiaries to provide such cooperation as Seller or its counsel may reasonably request in connection with any proceedings relating to the Company and its Subsidiaries to which Seller or any of its
Affiliates is a party. Such cooperation shall include, without limitation, making employees of Buyer, the Company and its Subsidiaries available upon the reasonable request and at the expense of Seller to consult with and assist Seller and its
counsel regarding any such proceedings and to prepare for and testify in connection with any such proceedings, including depositions, trials and arbitration proceedings. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;
</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-72- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.10. <U>Further Assurances</U>. Seller shall, from time to time after the Closing, at
Buyer&#146;s and/or the Company&#146;s request, execute, acknowledge and deliver to such requesting Person other instruments of conveyance and transfer and will take such other actions and execute and deliver such other documents, certifications and
further assurances as such requesting Person may reasonably require in order to vest more effectively in Buyer, or to put Buyer more fully in possession of, the Stock, or to give effect to the transactions contemplated by this Agreement. Each of the
parties hereto shall cooperate with the other and execute and deliver to the other party hereto such other instruments and documents and take such other actions as may be reasonably requested from time to time by the other party hereto as necessary
to carry out, evidence and confirm the intended purposes of this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.11. <U>Disclaimer of Implied Warranties</U>.
Except as specifically set forth in this Agreement, Seller makes no representations or warranties of any kind or nature, expressed or implied (including, but not limited to, with respect to merchantability or fitness for any particular or ordinary
purpose, or any relating to the future or historical financial condition, results of operations, assets or liabilities of the Company or its Subsidiaries), and any such other representations or warranties are hereby expressly disclaimed, it being
understood that except as expressly set forth herein Buyer is acquiring the Stock and the Company and its Subsidiaries &#147;as is&#148; and &#147;where is.&#148; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">Section&nbsp;8.12. <U>Non-Competition and Non-Solicitation</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) In consideration of the benefits of
this Agreement to Seller and in order to induce Buyer to enter into this Agreement, Seller covenants and agrees that until the fifth </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-73- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">anniversary of the Closing Date (such period, the &#147;Non-Competition Period&#148;), neither Seller nor any of its controlled Affiliates shall engage in
the businesses of cattle feeding or cattle slaughtering within the United States in competition with any of the businesses of Buyer or any of its Subsidiaries as conducted as of the Closing Date without the express written consent of Buyer,
<U>provided</U>, <U>however</U>, that this Section shall not be construed to apply to: (i)&nbsp;Seller&#146;s ownership of less than an aggregate of 5% of any class of capital stock of any entity that is traded on a national securities exchange or
inter-dealer quotation system; (ii)&nbsp;any non-affiliated person or entity that acquires Seller or substantially all of the assets of Seller in an arms-length transaction; (iii)&nbsp;any person or entity that acquires any subsidiary or discrete
business operation of Seller (other than Seller or any of its controlled Affiliates); (iv)&nbsp;businesses acquired by Seller, so long as business activities that would otherwise be prohibited by this Section represent 30% or less of the acquired
business&#146; revenues for the duration of the Non-Competition Period; (v)&nbsp;the solicitation by Seller or its Affiliates of customers of the Company, Buyer or Buyer&#146;s Affiliates with regard to products and services other than those of the
type referred to in this Section; and (vi)&nbsp;the matters set forth on <U>Exhibit 8.12</U> attached hereto. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) The parties intend that
the covenant contained in this <U>Section&nbsp;8.12</U> shall be deemed a series of separate covenants for each appropriate jurisdiction and for each year of the Non-Competition Period. If, in any judicial proceeding, a court of competent
jurisdiction shall refuse to enforce all the separate covenants deemed included in this <U>Section&nbsp;8.12</U> on grounds that, taken together, they cover too extensive a geographic area or extend for too long of a period of time, the parties
intend that those covenants (taken in order of the least populous jurisdictions with respect to geography) that, if eliminated, would permit the remaining separate covenants to be enforced in that proceeding, shall, for the purpose of such
proceeding, be deemed eliminated from the provisions of this <U>Section&nbsp;8.12</U>. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-74- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) Seller covenants and agrees that during the Non-Competition Period it shall not, and shall cause its
controlled Affiliates not to, solicit, induce or attempt to persuade any employee or agent of the Company, Buyer or any of their respective Subsidiaries to terminate his or her employment or agency relationship; <U>provided</U>, <U>however</U>, that
nothing contained in this Agreement shall prohibit Seller or any of its controlled Affiliates from placing a general advertisement or from employing individuals who respond to any such advertisement whether or not such individuals are then employed
by Buyer or any of its Subsidiaries, or from employing any individual who contacts Seller or any of its controlled Affiliates on an unsolicited basis. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">Section&nbsp;8.13. <U>Release of Seller Guarantees</U>. Buyer shall use its commercially reasonable efforts to obtain, at or prior to the Closing Date, at its own cost and expense the full release of Seller and all of
its Affiliates as guarantors of the obligations of the Company and its Subsidiaries under the guarantees set forth on <U>Exhibit 8.13</U> attached hereto. If any such releases are not obtained at or prior to Closing, Buyer shall continue to use its
commercially reasonable efforts from and after the Effective Time of Closing to obtain, at its own cost and expense, the full release of Seller and all of its Affiliates as guarantors of the obligations of the Company and its Subsidiaries under the
guarantees set forth on <U>Exhibit 8.13</U> attached hereto, and Buyer shall indemnify and hold harmless Seller from any and all Losses Seller may incur from and after the Effective Time pursuant to any such guarantees. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-75- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.14. <U>Five Rivers LLC Closing Date Balance Sheet</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) Following the Closing, Buyer shall cause the Company and its Subsidiaries to cooperate with Seller and Continental Grain Company (&#147;Conti&#148;)
and provide Seller and Conti and their respective advisors with reasonable access (during normal business hours) to all of the Company&#146;s and its Subsidiaries&#146; books and records necessary or useful for assessing the Closing Company Working
Capital and Closing Company Asset Value (as such terms are defined in the Purchase Agreement, dated the date hereof, by and among Conti, Contibeef LLC, Seller and MF Cattle Feeding, Inc. (the &#147;Five Rivers Purchase Agreement&#148;)). Without
limiting the preceding sentence, Buyer shall cause the Company and its Subsidiaries to make available to Seller and Conti and their respective advisors all work papers and other documents or information used in preparing the Estimated Statement of
Working Capital, the draft Final Statement of Working Capital and the Final Statement of Working Capital, to the extent such work papers are relevant to the calculation of Closing Company Working Capital or Closing Company Asset Value. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) Buyer shall (i)&nbsp;prepare a balance sheet for Five Rivers LLC as of the Closing Date (the &#147;Five Rivers Closing Date Balance Sheet&#148;)
in a manner consistent with and using the same methodologies, practices, accounting applications and assumptions used in the preparation of the Illustrative Company Balance Sheet (as such term is defined in the Five Rivers Purchase Agreement),
(ii)&nbsp;deliver to Seller such Five Rivers Closing Date Balance Sheet simultaneously with the delivery by Buyer to Seller of the draft Final Statement of Working Capital pursuant to <U>Section&nbsp;2.3(a)</U> hereof, (iii)&nbsp;provide reasonable
access (during normal business hours) to Seller and Conti and their respective advisors to all books and records, relevant personnel, consultants and advisors (including independent auditors) of Five Rivers LLC or Buyer reasonably necessary for
Seller and Conti to review and verify the accuracy of the draft </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-76- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">Five Rivers Closing Date Balance Sheet and (iv)&nbsp;reasonably cooperate with any accounting firm selected pursuant to the Five Rivers Purchase Agreement to
resolve any dispute relating to the Five Rivers Closing Date Balance Sheet or the determination of the Closing Company Working Capital or Closing Company Asset Value. Seller shall reimburse Buyer for its reasonable out-of-pocket expenses incurred
solely to comply with this <U>Section&nbsp;8.14</U>. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;8.15. <U>Tolleson Bone Rendering Facility Repair</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) Prior to the Effective Time of Closing, Seller shall use commercially reasonable efforts to cause the Company to repair the Tolleson bone rendering
facility to the extent necessary for such facility to be capable of conducting its operations, in all material respects, as they were conducted immediately prior to the June 2007 fire at such facility, and Seller shall reimburse Buyer and the
Company for all reasonable out-of-pocket expenses incurred by the Company to complete such repairs, subject to <U>Section&nbsp;8.15(c)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman"
SIZE="2">(b) If such repairs are not completed prior to the Effective Time of Closing, Seller shall reimburse Buyer and the Company for all reasonable out-of-pocket expenses incurred after the Effective Time of Closing to complete such repairs,
subject to <U>Section&nbsp;8.15(c)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) Seller&#146;s aggregate obligation to reimburse the Company pursuant to <U>Sections
8.15(a)</U> and <U>(b)</U>&nbsp;hereof shall in no event exceed $1,500,000. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE IX </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>TERMINATION </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;9.1.
<U>Termination</U>. Time is of the essence of this Agreement. This Agreement may be terminated and the transactions contemplated hereby may be abandoned only as follows: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(a) at any time prior to the Closing Date by mutual written agreement of Seller and Buyer; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-77- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) by Buyer at any time prior to the Closing Date if any of the conditions set forth in <U>Article
VI</U> of this Agreement shall be incapable of being fulfilled by the first anniversary of the date hereof, <U>provided</U>, <U>however</U>, that Buyer shall not have the right to terminate this Agreement pursuant to this <U>Section&nbsp;9.1(b)</U>
if it is then in breach of any representations, warranties, covenants or other agreements hereunder that would result in the closing conditions set forth in <U>Article VII</U> not being satisfied; </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) by Seller at any time prior to the Closing Date if any of the conditions set forth in <U>Article VII</U> of this Agreement shall be incapable of
being fulfilled by the first anniversary of the date hereof, <U>provided</U>, <U>however</U>, that Seller shall not have the right to terminate this Agreement pursuant to this <U>Section&nbsp;9.1(c)</U> if it is then in breach of any
representations, warranties, covenants or other agreements hereunder that would result in the closing conditions set forth in <U>Article VI</U> not being satisfied; or </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(d) by Seller or Buyer at any time after the first anniversary of the date hereof if, by the date of such termination and despite substantial adherence to the terms of this Agreement by such party, Closing has not
occurred. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;9.2. <U>Rights on Termination; Waiver</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) If this Agreement is terminated pursuant to <U>Section&nbsp;9.1</U> hereof, all further obligations of the parties under or pursuant to this Agreement
shall terminate without further liability of either party to the other (except any liability of any party then in breach of its obligations hereunder, as to which the party not in breach shall retain all rights and remedies to which it may be
entitled at law or in equity); <U>provided</U>, <U>however</U>, that the parties&#146; obligations contained in <U>Sections 3.21</U>, <U>4.4</U>, <U>5.6</U>, <U>5.7</U>, <U>Article IX</U> and <U>Article X</U> of this Agreement shall survive any such
termination. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-78- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) If any of the conditions set forth in <U>Article VI</U> of this Agreement have not been satisfied,
Buyer may nevertheless elect to waive such conditions and proceed with the consummation of the transactions contemplated hereby. If any of the conditions set forth in <U>Article VII</U> of this Agreement have not been satisfied, Seller may
nevertheless elect to waive such conditions and proceed with the consummation of the transactions contemplated hereby. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE X </B>
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>MISCELLANEOUS </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Section&nbsp;10.1. <U>Entire Agreement; Amendment; No Waiver</U>. Except as set forth in <U>Section&nbsp;5.7</U> hereof, this Agreement and the documents referred to herein and to be delivered pursuant hereto constitute the final and entire
agreement between the parties pertaining to the subject matter hereof, and supersede all prior and contemporaneous agreements, understandings, undertakings, negotiations and discussions of the parties, whether oral or written, and there are no
warranties, representations or other agreements between the parties in connection with the subject matter hereof, except as specifically set forth herein or therein. No amendment, supplement, modification, waiver or termination of, and no election
under, this Agreement shall be binding unless executed in writing by the party to be bound thereby. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provision of this Agreement, whether
or not similar, nor shall such waiver constitute a continuing waiver unless otherwise expressly provided. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;10.2.
<U>Expenses</U>. Whether or not the transactions contemplated by this Agreement are consummated, except as otherwise expressly provided herein, each of the parties hereto shall pay the fees and expenses of their respective counsel, accountants and
other advisors and the other expenses incident to the negotiation and preparation of this Agreement and consummation of the transactions contemplated hereby. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-79- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;10.3. <U>Governing Law; Consent to Jurisdiction; Voluntary Waiver of Jury Trial</U>.
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) This Agreement and the transactions contemplated herein, and all disputes between the parties under or related to this Agreement or the
facts and circumstances leading to its execution or performance, whether in contract, tort or otherwise, shall be governed by and construed in accordance with the laws of the State of New York, without reference to the conflict of laws principles
thereof (other than Sections 5-1401 and 5-1402 of the New York General Obligations Law). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) Each of the parties (i)&nbsp;irrevocably
submits itself to the personal jurisdiction of any federal court sitting in the borough of Manhattan, New York, New York, as well as to the jurisdiction of all courts to which an appeal may be taken from such courts, in any suit, action or
proceeding arising out of or relating to this Agreement, any of the transactions contemplated by this Agreement or any facts and circumstances leading to its execution or performance, (ii)&nbsp;agrees that all claims in respect of such suit, action
or proceeding must be brought, heard and determined exclusively in such courts, (iii)&nbsp;agrees that it shall not attempt to deny or defeat such personal jurisdiction by motion or other request for leave from such courts, (iv)&nbsp;agrees not to
bring any suit, action or proceeding arising out of or relating to this Agreement or any of the transactions contemplated by this Agreement in any other court and (v)&nbsp;waives any defense of inconvenient forum to the maintenance of any suit,
action or proceeding so brought. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) Each of the parties agrees to waive any bond, surety or other security that might be required of any
other party with respect to any action, suit or proceeding, including any appeal thereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) Each of the parties agrees that service of
any process, summons, notice or document in accordance with <U>Section&nbsp;10.5</U> hereof shall be effective service of process for any </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-80- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px;padding-bottom:3px;line-Height:95%; vertical-align:top">
<FONT FACE="Times New Roman" SIZE="2">action, suit or proceeding brought against it; <U>provided</U>, that nothing in the foregoing sentence shall affect the right of any party to serve legal
process in any other manner permitted by law. Buyer, and any permitted assignee of Buyer that is not organized under the laws of a state of the United States of America, hereby appoints CT Corp at its registered address of 111 Eighth Avenue,
13</FONT><FONT FACE="Times New Roman" SIZE="1"><SUP>th</SUP></FONT><FONT FACE="Times New Roman" SIZE="2"> Floor, New York, New York 10011, as its agent for service of process. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e) EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES,
AND THEREFORE IT HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH
PARTY CERTIFIES AND ACKNOWLEDGES THAT (i)&nbsp;NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER,
(ii)&nbsp;IT UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF SUCH WAIVER, (iii)&nbsp;IT MAKES SUCH WAIVER VOLUNTARILY, AND (iv)&nbsp;IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN
THIS <U>SECTION 10.3(e)</U>. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;10.4. <U>Assignment</U>. This Agreement and each party&#146;s respective rights hereunder may
not be assigned or delegated at any time except as expressly set forth herein without the prior written consent of the other party hereto; <U>provided</U>, <U>however</U>, that Buyer may assign its rights hereunder to a direct or indirect,
wholly-owned subsidiary of Buyer, <U>provided</U> that, concurrently with such assignment, Buyer shall have executed and delivered to Seller the JBS Guarantee. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-81- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;10.5. <U>Notices</U>. All communications, notices and disclosures required or permitted by
this Agreement shall be in writing and shall be deemed to have been given when delivered personally or by messenger or one (1)&nbsp;Business Day after having been sent by overnight delivery service, or three (3)&nbsp;Business Days after the date
when mailed by registered or certified United States mail, postage prepaid, return receipt requested, or when received via telecopy, telex or other electronic transmission, in all cases addressed to the person for whom it is intended at its address
set forth below or to such other address as a party shall have designated by notice in writing to the other parties in the manner provided by this Section: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="81%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">If&nbsp;to&nbsp;Seller:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Smithfield Foods, Inc.</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">499 Park Avenue</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">6</FONT><FONT FACE="Times New Roman" SIZE="1"><SUP>th</SUP></FONT><FONT FACE="Times New Roman" SIZE="2"> Floor</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">New York, New York 10022</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Attention:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Richard J. M. Poulson,</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Executive Vice President</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Facsimile:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">(212) 758-2100</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">With&nbsp;copy&nbsp;to:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Gary E. Thompson, Esq.</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Hunton &amp; Williams LLP</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Riverfront Plaza, East Tower</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">951 East Byrd Street</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Richmond, Virginia 23219-4074</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Facsimile:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">(804) 788-8218</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">If&nbsp;to&nbsp;Buyer:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">JBS S.A.</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Av. Marginal Direita do Tiete, 500</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Vila Jaguara</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Sao Paulo &#150; SP</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Brazil</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">05118-100</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Attention:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Chief Executive Officer</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Facsimile:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">+011 55 11 314 44035</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-82- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="11%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="78%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">With&nbsp;a&nbsp;copy&nbsp;to:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Michael&nbsp;Gilligan,&nbsp;Esq.</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Allen &amp; Overy LLP</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">1221&nbsp;Avenue&nbsp;of&nbsp;the&nbsp;Americas</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">New York, NY 10020</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Facsimile:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">(212) 610-6399</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;10.6. <U>Counterparts; Headings</U>. This Agreement may be executed in several
counterparts, each of which shall be deemed an original, but such counterparts shall together constitute but one and the same Agreement. The Table of Contents and Article and Section headings in this Agreement are inserted for convenience of
reference only and shall not constitute a part hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;10.7. <U>Interpretation</U>. Unless the context requires otherwise,
all words used in this Agreement in the singular number shall extend to and include the plural, all words in the plural number shall extend to and include the singular and all words in any gender shall extend to and include all genders. All
references to contracts, agreements, leases, Employee Benefit Plans or other understandings or arrangements shall refer to oral as well as written matters. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">Section&nbsp;10.8. <U>Severability</U>. If any provision, clause or part of this Agreement, or the application thereof under certain circumstances, is held invalid, the remainder of this Agreement, or the application
of such provision, clause or part under other circumstances, shall not be affected thereby. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;10.9. <U>Specific
Performance</U>. The parties hereto agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed
that the parties shall be entitled to an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement, this being in addition to any other remedy to which they are entitled at
law or in equity, without the necessity of posting bonds or other undertaking in connection therewith. The parties acknowledge that in the absence of a waiver, a bond or undertaking may be required by a court and the parties hereby waive any such
requirement of such a bond or undertaking. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-83- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Section&nbsp;10.10. <U>No Reliance</U>. This Agreement shall be binding upon and inure solely to the
benefit of each party hereto, and, except as set forth in <U>Section&nbsp;8.3</U> hereof, nothing in this Agreement, express or implied, is intended to or shall confer upon any other Person any rights, benefits or remedies of any nature whatsoever
under or by reason of this Agreement. Without limiting the foregoing, except as set forth in <U>Section&nbsp;8.3</U> hereof, the parties agree that no third party is entitled to rely on any of the representations, warranties and agreements contained
in this Agreement. Buyer and Seller assume no liability to any third party because of any reliance on the representations, warranties and agreements of Buyer and Seller contained in this Agreement. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-84- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">IN WITNESS WHEREOF, the parties have caused this Stock Purchase Agreement to be duly executed as of the
day and year first above written. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>SMITHFIELD FOODS, INC.</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Richard J.M. Poulson</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Richard J.M. Poulson</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Executive Vice President</FONT></TD></TR>
<TR>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>JBS S.A.</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Joesley Mendonca Batista</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Its:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Presidente</FONT></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-85- </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-2.2
<SEQUENCE>3
<FILENAME>dex22.htm
<DESCRIPTION>PURCHASE AGREEMENT
<TEXT>
<HTML><HEAD>
<TITLE>PURCHASE AGREEMENT</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 2.2 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="right"><FONT
FACE="Times New Roman" SIZE="2"><I>Execution Version </I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>PURCHASE AGREEMENT </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>by and among </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>CONTINENTAL GRAIN COMPANY, </B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>CONTIBEEF LLC, </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>SMITHFIELD FOODS,
INC. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>and </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>MF
CATTLE FEEDING, INC. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">March&nbsp;4, 2008 </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">TABLE OF CONTENTS </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="91%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Page</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3" NOWRAP><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE&nbsp;I</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="text-indent:2.00em"><FONT FACE="Times New Roman" SIZE="2"><B>DEFINITIONS</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>1</B></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Affiliate.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Agreement.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Business Day.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Cattle Feeding Agreement.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Cattleco.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.6.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Cattleco Operating Agreement.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.7.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Closing.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.8.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Closing Date.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.9.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Closing Company Asset Value.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.10.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Closing Company Balance Sheet.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.11.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Closing Company Working Capital.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.12.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Company.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.13.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Contribution Agreement.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.14.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Credit Agreement.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.15.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Effective Time.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.16.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Exchange Act.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.17.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Governmental Authority.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.18.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">HSR Act.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.19.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Illustrative Closing Company Asset Value.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.20.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Illustrative Closing Company Working Capital.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.21.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Illustrative Company Balance Sheet.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.22.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Indemnification Agreement.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.23.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Interests.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.24.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">JBS Agreement.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.25.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">JBS SA.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.26.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Law.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.27.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Lien.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.28.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Losses.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.29.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Operating Agreement.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.30.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Owned Cattle.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.31.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Parent Agreement.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.32.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Percentage Interest.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.33.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Person.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.34.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Purchased Interests.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.35.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Registration Rights Agreement Amendment.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.36.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">SEC.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.37.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Securities Act.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.38.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Services Agreement.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.39.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Smithfield Common Stock.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.40.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Smithfield SEC Documents.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">i </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="90%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.41.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Stock Consideration.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.42.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Transaction Documents.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">1.43.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Underlying Claim.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3" NOWRAP><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE&nbsp;II</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="text-indent:2.00em"><FONT FACE="Times New Roman" SIZE="2"><B>PRE-CLOSING ACTIONS; PURCHASE AND SALE</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>5</B></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">2.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Pre-Closing Actions.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">2.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Purchase and Sale; Issuance of Stock Consideration.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">2.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Cash Settlement.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">2.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Determination of Closing Company Working Capital and Closing Company Asset Value.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3" NOWRAP><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE&nbsp;III</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="text-indent:2.00em"><FONT FACE="Times New Roman" SIZE="2"><B>REPRESENTATIONS AND WARRANTIES OF CGC AND CONTIBEEF</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>9</B></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">3.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Organization of CGC and ContiBeef.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">3.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Authorization; Enforceability; No Violation.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">3.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Title.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">3.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Litigation.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">3.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Investment Purpose.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">3.6.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Brokers or Finders Fees.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3" NOWRAP><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE&nbsp;IV</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="text-indent:2.00em"><FONT FACE="Times New Roman" SIZE="2"><B>REPRESENTATIONS AND WARRANTIES OF SMITHFIELD AND MFC</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>10</B></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">4.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Organization of Smithfield and MFC.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">4.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Authorization; Enforceability; No Violation.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">4.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Litigation.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">4.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Brokers or Finders Fees.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">4.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Investment Purpose.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">4.6.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Smithfield SEC Documents.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">4.7.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Excluded Assets.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3" NOWRAP><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE&nbsp;V</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="text-indent:2.00em"><FONT FACE="Times New Roman" SIZE="2"><B>CERTAIN UNDERSTANDINGS AND AGREEMENTS</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>12</B></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">5.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Carry on in Regular Course.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">5.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Commercially Reasonable Efforts.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">5.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Public Announcements.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">5.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">HSR Act Filing.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">5.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Additional Instruments.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3" NOWRAP><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE&nbsp;VI</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="text-indent:2.00em"><FONT FACE="Times New Roman" SIZE="2"><B>CONDITIONS PRECEDENT TO THE OBLIGATIONS OF THE PARTIES</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>14</B></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">6.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Smithfield&#146;s and MFC&#146;s Conditions Precedent.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">14</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">6.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">CGC&#146;s and ContiBeef&#146;s Conditions Precedent.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3" NOWRAP><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE&nbsp;VII</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="text-indent:2.00em"><FONT FACE="Times New Roman" SIZE="2"><B>INDEMNIFICATION; OTHER PAYMENTS</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>16</B></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">7.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Smithfield&#146;s and MFC&#146;s Indemnity.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">16</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">7.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">CGC&#146;s and ContiBeef&#146;s Indemnity.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">17</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">7.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Payment by CGC and ContiBeef for Certain Buyer Indemnification Losses.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">ii </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="90%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">7.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Benefits Payment.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">19</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">7.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Termination Payment.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">19</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3" NOWRAP><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE&nbsp;VIII</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="text-indent:2.00em"><FONT FACE="Times New Roman" SIZE="2"><B>TERMINATION</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>19</B></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">8.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Termination.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">19</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">8.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Rights on Termination; Waiver.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">20</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3" NOWRAP><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE&nbsp;IX</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="text-indent:2.00em"><FONT FACE="Times New Roman" SIZE="2"><B>MISCELLANEOUS</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>20</B></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">9.1.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Entire Agreement; Amendment.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">20</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">9.2.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Expenses.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">20</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">9.3.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Governing Law; Consent to Jurisdiction.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">21</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">9.4.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Assignment.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">9.5.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Notices.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">9.6.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Counterparts; Headings.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">9.7.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Interpretation.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">9.8.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Severability.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">23</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">9.9.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">No Reliance.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">23</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">9.10.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Parties in Interest.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">23</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">9.11.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Specific Performance.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">23</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">iii </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">EXHIBITS </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="89%"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit&nbsp;1.4</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Cattle Feeding Agreement</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.6</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Cattleco Operating Agreement</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit&nbsp;1.21</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Illustrative Company Balance Sheet</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.35</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Registration Rights Agreement Amendment</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 1.38</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Services Agreement</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit&nbsp;6.1(c)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">CGC and ContiBeef Consents</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit 6.2(c)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Smithfield and MFC Consents</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">iv </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>PURCHASE AGREEMENT </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2"><B>PURCHASE AGREEMENT</B>, made as of March&nbsp;4, 2008, by and among Continental Grain Company, a Delaware corporation (&#147;<U>CGC</U>&#148;), ContiBeef LLC, a Delaware limited liability company
(&#147;<U>ContiBeef</U>&#148;), Smithfield Foods, Inc., a Virginia corporation (&#147;<U>Smithfield</U>&#148;), and MF Cattle Feeding, Inc., a Colorado corporation (&#147;<U>MFC</U>&#148;). </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>WHEREAS</B>, ContiBeef and MFC are parties to that certain Amended and Restated Operating Agreement, dated as of May&nbsp;20, 2005 (the
&#147;<U>Operating Agreement</U>&#148;), of Five Rivers Ranch Cattle Feeding LLC, a Delaware limited liability company (the &#147;<U>Company</U>&#148;); and </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2"><B>WHEREAS</B>, ContiBeef and MFC each hold a fifty percent (50%)&nbsp;Percentage Interest (as defined in the Operating Agreement) in the Company; and </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>WHEREAS</B>, ContiBeef desires to sell, and MFC desires to purchase, all of ContiBeef&#146;s Interests (as defined in the Operating Agreement) in the
Company, subject to all of the terms and conditions of this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>NOW, THEREFORE</B>, in consideration of the Recitals and of the
mutual covenants, conditions and agreements set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, it is hereby agreed that: </FONT></P> <P
STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE I </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>DEFINITIONS </U></B>
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">When used in this Agreement, the following terms shall have the meanings specified: </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.1. <U>Affiliate</U>. &#147;Affiliate&#148; shall mean, as to any Person, any other Person or entity that, directly or indirectly through one or more
intermediaries, controls, is controlled by or is under common control with such Person. For the purpose of this definition, the term &#147;<U>control</U>&#148; (including, with correlative meanings, the terms &#147;<U>controlling</U>,&#148;
&#147;<U>controlled by</U>&#148; and &#147;<U>under common control with</U>&#148;), as used with respect to any Person, shall mean 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. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.2. <U>Agreement</U>. &#147;Agreement&#148;
shall mean this Purchase Agreement, together with the Exhibits attached hereto, as the same may be amended from time to time in accordance with the terms hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">1.3. <U>Business Day</U>. &#147;Business Day&#148; shall mean any day except a Saturday, Sunday or other day on which commercial banks in New York, New York, are generally authorized or required to close. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.4. <U>Cattle Feeding Agreement</U>. &#147;Cattle Feeding Agreement&#148; shall mean the cattle feeding agreement, substantially in the form of
<U>Exhibit 1.4</U> attached hereto. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.5. <U>Cattleco</U>. &#147;Cattleco&#148; shall mean a to-be-formed Delaware limited liability company
to be wholly-owned by the Company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.6. <U>Cattleco Operating Agreement</U>. &#147;Cattleco Operating Agreement&#148; shall mean the
operating agreement of Cattleco, substantially in the form of <U>Exhibit 1.6</U> attached hereto. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.7. <U>Closing</U>. &#147;Closing&#148;
shall mean the closing of the transactions contemplated by this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.8. <U>Closing Date</U>. &#147;Closing Date&#148; shall mean
the date on which the Closing occurs. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.9. <U>Closing Company Asset Value</U>. &#147;Closing Company Asset Value&#148; shall mean the sum
of (a)&nbsp;net fixed assets, (b)&nbsp;other investments/memberships and (c)&nbsp;water rights, in each case as set forth on, and derived from, the Closing Company Balance Sheet. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.10. <U>Closing Company Balance Sheet</U>. &#147;Closing Company Balance Sheet&#148; shall mean an unaudited balance sheet of the Company as of the
Effective Time (and giving full effect to the consummation of the transactions contemplated by <U>Section&nbsp;2.1</U> hereof) prepared in a manner consistent with and using the same methodologies, practices, accounting applications and assumptions
used in the preparation of the Illustrative Company Balance Sheet. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.11. <U>Closing Company Working Capital</U>. &#147;Closing Company
Working Capital&#148; shall mean the excess of the current assets of the Company over the current liabilities of the Company, in each case as set forth on, and derived from, the Closing Company Balance Sheet. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.12. <U>Company</U>. &#147;Company&#148; shall have the meaning ascribed to such term in the Recitals hereof. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.13. <U>Contribution Agreement</U>. &#147;Contribution Agreement&#148; shall mean that certain Contribution Agreement, dated as of May&nbsp;20, 2005, by
and among CGC, ContiBeef, Smithfield and MFC. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.14. <U>Credit Agreement</U>. &#147;Credit Agreement&#148; shall mean that certain Credit
Agreement, dated as of May&nbsp;20, 2005, among the Company, Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. &#147;Rabobank International,&#148; as Agent, and the other banks named therein. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.15. <U>Effective Time</U>. &#147;Effective Time&#148; shall mean 12:01 a.m., Eastern Time, on the Closing Date. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.16. <U>Exchange Act</U>. &#147;Exchange Act&#148; shall mean the Securities Exchange Act of 1934, as amended. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.17. <U>Governmental Authority</U>. &#147;Governmental Authority&#148; shall mean any federal, state, municipal or other governmental department,
commission, board, bureau, agency or instrumentality, or any court. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.18. <U>HSR Act</U>. &#147;HSR Act&#148; shall mean the
Hart-Scott-Rodino Antitrust Improvements Act of 1976 (15 U.S.C. &#167; 18a), as amended. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.19. <U>Illustrative Closing Company Asset Value</U>. &#147;Illustrative Closing Company Asset
Value&#148; shall mean the sum of (a)&nbsp;net fixed assets, (b)&nbsp;other investments/memberships and (c)&nbsp;water rights, in each case as set forth on, and derived from, the Illustrative Company Balance Sheet, which shall be a template for the
determination of the Closing Company Asset Value and which illustrates the manner in which the Closing Company Asset Value would be determined, and the amount thereof, if the Closing had occurred on the date of the Illustrative Company Balance
Sheet. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.20. <U>Illustrative Closing Company Working Capital</U>. &#147;Illustrative Closing Company Working Capital&#148; shall mean the
excess of the current assets of the Company over the current liabilities of the Company, in each case as set forth on, and derived from, the Illustrative Company Balance Sheet, which shall be a template for the determination of the Closing Company
Working Capital and which illustrates the manner in which the Closing Company Working Capital would be determined, and the amount thereof, if the Closing had occurred on the date of the Illustrative Company Balance Sheet. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.21. <U>Illustrative Company Balance Sheet</U>. &#147;Illustrative Company Balance Sheet&#148; shall mean the unaudited balance sheet of the Company as
of December&nbsp;31, 2007, giving pro forma effect to the consummation of the transactions contemplated by <U>Section&nbsp;2.1</U> hereof, in the form of <U>Exhibit 1.21</U> attached hereto. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.22. <U>Indemnification Agreement</U>. &#147;Indemnification Agreement&#148; shall mean that certain Indemnification Agreement, dated as of May&nbsp;20,
2005, by and among CGC, Smithfield and the Company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.23. <U>Interests</U>. &#147;Interests&#148; shall have the meaning ascribed to such
term in the Recitals hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.24. <U>JBS Agreement</U>. &#147;JBS Agreement&#148; shall mean that certain Stock Purchase Agreement, of
even date herewith, by and among Smithfield and JBS SA, as in effect on the date hereof and without giving effect to any amendment or modification thereof or waiver thereunder. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.25. <U>JBS SA</U>. &#147;JBS SA&#148; shall mean JBS S.A., a corporation organized and existing under the Laws of Brazil. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.26. <U>Law</U>. &#147;Law&#148; shall mean any federal, state, local, domestic, foreign or other laws, rules, regulations and ordinances, and all
binding orders, writs, judgments, requirements, policies and decrees of any governmental or political subdivision or any agency thereof, or of any court or similar Person established for any such governmental or political subdivision or agency
thereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.27. <U>Lien</U>. &#147;Lien&#148; shall mean with respect to any property or asset, any mortgage, lien, pledge, claim, lease,
charge, security interest, option, right of first refusal, easement, restrictive covenant, encroachment, encumbrance, land use restriction or other adverse claim of any kind in respect of such property or asset. For the purposes of this Agreement, a
Person shall be deemed to own subject to a Lien any property or asset which it has acquired or holds subject to the interest of a vendor or lessor under any conditional sale agreement, capital lease or other title retention agreement relating to
such property or asset. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">3 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.28. <U>Losses</U>. &#147;Losses&#148; shall have the meaning ascribed to such term in
<U>Section&nbsp;7.1(a) </U>hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.29. <U>Operating Agreement</U>. &#147;Operating Agreement&#148; shall have the meaning ascribed to
such term in the Recitals hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.30. <U>Owned Cattle</U>. &#147;Owned Cattle&#148; shall mean all cattle (a)&nbsp;on feed at
(i)&nbsp;the Company&#146;s feed yards and (ii)&nbsp;third party feed yards, including, without limitation, feed yards located in Tularc and Visalia Counties, California, Colorado State University and Oklahoma State University, in each case for the
account of the Company immediately prior to the Effective Time, and (b)&nbsp;that, immediately prior to the Effective Time, (i)&nbsp;the Company is committed to purchase pursuant to a valid contract, (ii)&nbsp;for which a price has been established
among the Company and the relevant counterparty to any such contract and (iii)&nbsp;that have yet to be delivered to a feed yard owned by the Company, together with all outstanding hedging and related agreements related to such cattle referred to in
the foregoing clauses (a)&nbsp;and (b)&nbsp;(including, without limitation, any hedging agreements related to feed) and all margin deposits on the books of the Company associated with such hedging agreements. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.31. <U>Parent Agreement</U>. &#147;Parent Agreement&#148; shall mean that certain Parent Agreement, dated as of May&nbsp;20, 2005, among CGC and
Smithfield. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.32. <U>Percentage Interest</U>. &#147;Percentage Interest&#148; shall have the meaning ascribed to such term in the Recitals
hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.33. <U>Person</U>. &#147;Person&#148; shall mean an individual, a corporation, a partnership, an association, a trust, a limited
liability company, a Governmental Authority or any other entity or organization. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.34. <U>Purchased Interests</U>. &#147;Purchased
Interests&#148; has the meaning set forth in <U>Section&nbsp;2.2(a)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.35. <U>Registration Rights Agreement Amendment</U>.
&#147;Registration Rights Agreement Amendment&#148; shall mean an amendment, dated as of the Closing Date, substantially in the form of <U>Exhibit 1.35</U> attached hereto, to that certain Registration Rights Agreement, dated as of April __, 2007,
between Smithfield and CGC. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.36. <U>SEC</U>. &#147;SEC&#148; shall mean the United States Securities and Exchange Commission. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.37. <U>Securities Act</U>. &#147;Securities Act&#148; shall mean the Securities Act of 1933, as amended. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.38. <U>Services Agreement</U>. &#147;Services Agreement&#148; shall mean the services agreement, substantially in the form of <U>Exhibit 1.38</U>
attached hereto. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.39. <U>Smithfield Common Stock</U>. &#147;Smithfield Common Stock&#148; shall mean the common stock, par value $0.50
per share, of Smithfield. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">4 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.40. <U>Smithfield SEC Documents</U>. &#147;Smithfield SEC Documents&#148; shall have the meaning
ascribed to such term in <U>Section&nbsp;4.6</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.41. <U>Stock Consideration</U>. &#147;Stock Consideration&#148; shall mean two
million, one hundred sixty-six thousand six hundred and sixty-seven (2,166,667)&nbsp;validly issued, fully paid and non-assessable shares of Smithfield Common Stock, as adjusted pursuant to <U>Section&nbsp;2.2(b)</U> hereof. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.42. <U>Transaction Documents</U>. &#147;Transaction Documents&#148; shall mean this Agreement, the Cattleco Operating Agreement, the Cattle Feeding
Agreement, the Services Agreement, the Registration Rights Agreement Amendment and those other agreements and instruments to be executed and delivered as provided herein. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">1.43. <U>Underlying Claim</U>. &#147;Underlying Claim&#148; shall have the meaning set forth in <U>Section&nbsp;7.3(b)</U> hereof. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>ARTICLE II </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>PRE-CLOSING ACTIONS; PURCHASE AND SALE </U></B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">2.1. <U>Pre-Closing Actions</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a)
<U>Owned Cattle Transfer</U>. Immediately prior to the distribution of equity interests in Cattleco to each of Smithfield and CGC, or Affiliates thereof, as contemplated by <U>Section&nbsp;2.1(d)</U> hereof, the parties shall cause the Company to
contribute the Owned Cattle to Cattleco by appropriate instruments of transfer, assignment and assumption; <U>provided</U>, <U>however</U>, that the outstanding hedging and related agreements and margin deposits included as Owned Cattle may be
distributed, in whole or in part, at the direction and upon the agreement of the parties hereto, to each of Smithfield and CGC or their respective Affiliates. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(b) <U>Cattle Feeding Agreement</U>. Effective immediately prior to the distribution of equity interests in Cattleco to each of Smithfield and CGC as contemplated by <U>Section&nbsp;2.1(d)</U> hereof, the parties
shall cause the Company and Cattleco to enter into the Cattle Feeding Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) <U>Services Agreement</U>. Effective immediately
prior to the distribution of equity interests in Cattleco to each of Smithfield and CGC as contemplated by <U>Section&nbsp;2.1(d)</U> hereof, the parties shall cause the Company and Cattleco to enter into the Services Agreement. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) <U>Distribution of Cattleco Equity Interests</U>. Effective immediately prior to the Effective Time, the parties shall cause the Company to
distribute fifty percent (50%)&nbsp;of the equity interests of Cattleco to each of Smithfield and CGC, or affiliates thereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e)
<U>Repayment under Credit Agreement</U>. Effective immediately prior to the Effective Time, the parties shall cause the Company to repay all amounts outstanding under the Credit Agreement, including all accrued interest thereon, and terminate the
Credit Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(f) <U>Termination of Indemnification Agreement</U>. Effective immediately prior to the Effective Time, the parties
shall, and shall cause the Company to, (i)&nbsp;terminate that certain Indemnification Agreement, dated as of May&nbsp;20, 2005, by and among CGC, Smithfield and the Company, and (ii)&nbsp;release each party thereto from all liabilities (contingent
or otherwise) thereunder. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">5 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(g) <U>Termination of Parent Agreement</U>. Effective immediately prior to the Effective Time, the
parties shall (i)&nbsp;terminate the Parent Agreement and (ii)&nbsp;release each party thereto from all liabilities (contingent or otherwise) thereunder. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(h) <U>Termination of Services Agreement</U>. Effective immediately prior to the Effective Time, the parties shall, and shall cause the Company to, (i)&nbsp;terminate that certain ContiGroup Services Agreement, dated
May&nbsp;20, 2005, between CGC and the Company and (ii)&nbsp;release each party thereto from all liabilities (contingent or otherwise) thereunder. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman"
SIZE="2">(i) <U>Contribution Agreement</U>. Effective immediately prior to the Effective Time, the parties shall (i)&nbsp;terminate the Contribution Agreement and (ii)&nbsp;release each party thereto from all liabilities (contingent or otherwise)
thereunder. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">2.2. <U>Purchase and Sale; Issuance of Stock Consideration</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) <U>Sale and Transfer</U>. At the Closing, and upon all of the terms and subject to all of the conditions of this Agreement and effective as of the
Effective Time, ContiBeef hereby agrees to sell, convey, transfer, deliver and assign to MFC, and MFC hereby agrees to purchase and accept from ContiBeef, all of the Interests held by ContiBeef in the Company (the &#147;<U>Purchased
Interests</U>&#148;), free and clear of all Liens. In consideration therefor, at the Closing, Smithfield shall issue and deliver to ContiBeef (or CGC, if so directed by ContiBeef) certificates representing the Stock Consideration. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) <U>Adjustment to Stock Consideration</U>. If, after the date hereof and prior to the Closing, Smithfield (i)&nbsp;declares a stock dividend or other
distribution payable in shares of Smithfield Common Stock or securities convertible or exchangeable into or exercisable for shares of Smithfield Common Stock, (ii)&nbsp;effects a stock split (including a reverse stock split), reclassification,
combination or other similar change with respect to the Smithfield Common Stock or (iii)&nbsp;declares an extraordinary dividend or distribution payable in cash, securities or other assets, then the Stock Consideration shall be equitably adjusted to
eliminate the effects of any such stock dividend, distribution, stock split, reclassification, combination or other change. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">2.3. <U>Cash
Settlement</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) <U>Working Capital Payment Obligations</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(i) To the extent that the Closing Company Balance Sheet shows that Closing Company Working Capital is greater than zero dollars ($0.00), Smithfield
hereby agrees to pay CGC an amount equal to fifty percent (50%)&nbsp;of such excess, as determined in accordance with <U>Section&nbsp;2.4</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT
FACE="Times New Roman" SIZE="2">(ii) To the extent that the Closing Company Balance Sheet shows that Closing Company Working Capital is less than zero dollars ($0.00), CGC and ContiBeef hereby, jointly and severally, agree to pay Smithfield an
amount equal to fifty percent (50%)&nbsp;of such deficiency, as determined in accordance with <U>Section&nbsp;2.4</U> hereof. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">6 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) <U>Closing Company Asset Value Payment Obligations</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(i) To the extent that the Closing Company Balance Sheet shows that Closing Company Asset Value is greater than one hundred million dollars
($100,000,000), Smithfield hereby agrees to pay CGC an amount equal to fifty percent (50%)&nbsp;of such excess, as determined in accordance with <U>Section&nbsp;2.4</U> hereof. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">(ii) To the extent that the Closing Company Balance Sheet shows that Closing Company Asset Value is less than one hundred million dollars
($100,000,000), CGC and ContiBeef hereby, jointly and severally, agree to pay Smithfield an amount equal to fifty percent (50%)&nbsp;of such deficiency, as determined in accordance with <U>Section&nbsp;2.4</U> hereof. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) <U>Payment</U>. All payments to be made pursuant to this <U>Section&nbsp;2.3</U> shall be made in immediately available funds within two
(2)&nbsp;Business Days of the determination of the final Closing Company Working Capital or final Closing Company Asset Value, as the case may be, pursuant to <U>Section&nbsp;2.4</U> hereof. All payments to be made pursuant to this
<U>Section&nbsp;2.3</U> shall be accompanied by interest thereon from the Closing Date at the prevailing prime rate as announced by JPMorgan Chase&nbsp;&amp; Co. in New York, New York, from time to time. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">2.4. <U>Determination of Closing Company Working Capital and Closing Company Asset Value</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) Following the Closing, Smithfield shall, to the extent it may do so pursuant to the JBS Agreement, cause the Company to cooperate with CGC and provide
CGC and its advisors with reasonable access to all of the Company&#146;s books and records necessary or useful for assessing the Closing Company Working Capital and Closing Company Asset Value. Without limiting the preceding sentence, Smithfield
shall, to the extent it may do so pursuant to the JBS Agreement, make available to CGC and its advisors all work papers and other documents or information used in preparing the Estimated Statement of Working Capital, the draft Final Statement of
Working Capital and the Final Statement of Working Capital (as each of the foregoing terms is defined in the JBS Agreement), to the extent such work papers are relevant to the calculation of Closing Company Working Capital or Closing Company Asset
Value. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) Smithfield shall, to the extent it may do so pursuant to the JBS Agreement, (i)&nbsp;cause the Buyer (as defined in the JBS
Agreement) to prepare a draft Closing Company Balance Sheet in a manner consistent with and using the same methodologies, practices, accounting applications and assumptions used in the preparation of the Illustrative Company Balance Sheet,
(ii)&nbsp;cause the Buyer to deliver to Smithfield such draft Closing Company Balance Sheet simultaneously with the delivery by the Buyer to Smithfield of the draft Final Statement of Working Capital pursuant to Section&nbsp;2.3(a) of the JBS
Agreement, (iii)&nbsp;cause the Buyer to provide reasonable access by CGC and its advisors to all books and records, relevant personnel, consultants and advisors (including independent auditors) of the Company or the Buyer reasonably necessary for
CGC to review and verify the accuracy of the draft Closing Company Balance Sheet and (iv)&nbsp;cause the Buyer to reasonably cooperate with any accounting firm selected pursuant to <U>Section&nbsp;2.4(c)</U> or <U>(d)</U>&nbsp;hereof to resolve any
dispute relating to the Closing Company Balance Sheet or the determination of the Closing Company Working Capital or Closing Company Asset Value. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">7 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) Promptly upon its receipt thereof from the Buyer pursuant to the JBS Agreement (and in any event, no
more than two (2)&nbsp;days following the receipt of the draft Closing Company Balance Sheet by Smithfield), Smithfield shall deliver to CGC a copy of the draft Closing Company Balance Sheet. Within eight (8)&nbsp;days (but in no event less than six
(6)&nbsp;Business Days) after delivering the draft Closing Company Balance Sheet to CGC, Smithfield and CGC shall each inform the other if it has any objections to the draft Closing Company Balance Sheet. If neither Smithfield nor CGC informs the
other of any objections to the draft Closing Company Balance Sheet within the period specified in the preceding sentence, the draft Closing Company Balance Sheet shall be deemed to be adopted by both, and shall thereafter be deemed to be the Closing
Company Balance Sheet for purposes of this Agreement. If either or both of Smithfield and CGC set forth objections to the draft Closing Company Balance Sheet in a timely manner pursuant to this <U>Section&nbsp;2.4(c)</U>, Smithfield and CGC shall
use commercially reasonable efforts to try to agree upon a final Closing Company Balance Sheet. If Smithfield and CGC are unable to agree upon a final Company Closing Balance Sheet within thirty (30)&nbsp;days following the date on which the draft
Closing Company Balance Sheet was first delivered to CGC, then Smithfield and CGC will select a nationally-recognized independent accounting firm mutually acceptable to them to resolve any difference they may have regarding the Closing Company
Balance Sheet. If Smithfield and CGC are unable to agree on the choice of an accounting firm, they will select a nationally-recognized independent United States accounting firm by lot (after excluding Ernst&nbsp;&amp; Young LLP, Deloitte Touche
Tohmatsu and Grant Thornton LLP). Smithfield and CGC will each submit to the selected accounting firm a written statement setting forth such party&#146;s proposed objections and any supporting data and analysis. The selected accounting firm shall be
instructed to establish a final Company Closing Balance Sheet, as that term is defined in this Agreement. The Company Closing Balance Sheet delivered by the selected accounting firm shall then be deemed the Company Closing Balance Sheet for purposes
of this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) If an accounting firm is selected pursuant to <U>Section&nbsp;2.4(c)</U> hereof to establish a final Company
Closing Balance Sheet, such firm shall also be instructed to determine the amount of the Closing Company Working Capital and Closing Company Asset Value based on the Closing Company Balance Sheet and in a manner consistent with the manner in which
the Illustrative Closing Company Working Capital and Illustrative Closing Company Asset Value were derived from the Illustrative Company Balance Sheet. If the final Closing Company Balance Sheet resulted from agreement of Smithfield and CGC thereon,
or from a failure of either to object to the draft Closing Company Balance Sheet prepared by the Buyer, Smithfield and CGC shall use commercially reasonable efforts to agree upon the Closing Company Working Capital and Closing Company Asset Value
based on the Closing Company Balance Sheet and in a manner consistent with the manner in which the Illustrative Closing Company Working Capital and Illustrative Closing Company Asset Value were derived from the Illustrative Company Balance Sheet. If
Smithfield and CGC are unable to agree upon the final Closing Company Working Capital and final Closing Company Asset Value within ten (10)&nbsp;days following the date on which the Closing Company Balance Sheet is finalized in accordance herewith,
then a nationally-recognized independent United States accounting firm selected in the manner specified in <U>Section&nbsp;2.4(c)</U> shall be appointed with instructions to determine the Closing </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">8 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">Company Working Capital and Closing Company Asset Value based on the Closing Company Balance Sheet and in a manner consistent with the manner in which the
Illustrative Closing Company Working Capital and Illustrative Closing Company Asset Value were derived from the Illustrative Company Balance Sheet. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman"
SIZE="2">(e) The fees and expenses of any accounting firm selected in accordance with <U>Section&nbsp;2.4(c)</U> or <U>(d)</U>&nbsp;hereof shall be split equally between Smithfield and CGC. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE III </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>REPRESENTATIONS AND WARRANTIES </U></B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>OF CGC AND CONTIBEEF </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">CGC and
ContiBeef hereby, jointly and severally, represent and warrant to the other parties hereto that: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">3.1. <U>Organization of CGC and
ContiBeef</U>. CGC is a corporation duly organized and validly existing and in good standing under the Laws of the State of Delaware. ContiBeef is a limited liability company duly organized and validly existing and in good standing under the Laws of
the State of Delaware. Each of CGC and ContiBeef has the power to execute, deliver and perform this Agreement and each of the other Transaction Documents to which it is a party, and to carry on its business as now being conducted. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">3.2. <U>Authorization; Enforceability; No Violation</U>. The execution, delivery and performance by each of CGC and ContiBeef of this Agreement and the
other Transaction Documents to which it is a party and each conveyance, assignment, agreement and other document herein contemplated to be executed by CGC or ContiBeef have been duly authorized by all necessary action of CGC or ContiBeef. This
Agreement and the other Transaction Documents and each conveyance, assignment, agreement and other document herein contemplated to be executed, delivered and performed by CGC or ContiBeef are, or will be upon execution, the legal, valid and binding
obligations of CGC or ContiBeef, as the case may be, duly enforceable against CGC or ContiBeef in accordance with their terms (subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and similar laws from time to time
in effect relating to the rights and remedies of creditors as well as to general principles of equity). This Agreement and the other Transaction Documents and each conveyance, assignment, agreement and other document herein contemplated to be
executed, delivered and performed by CGC or ContiBeef (a)&nbsp;do not conflict with or violate any Law binding on CGC or ContiBeef or their respective constituent documents and (b)&nbsp;do not constitute a violation or breach of any material permit,
lease, indenture, mortgage, agreement, contract or other obligation or restriction to which CGC or ContiBeef may be bound. Except as set forth on <U>Exhibit 6.1(c)</U> attached hereto and any necessary filings under the HSR Act, no consent of any
other Person, and no notice to, filing or registration with, or authorization, consent or approval of, any Governmental Authority or self-regulatory agency is necessary or is required to be made or obtained by CGC or ContiBeef in connection with the
execution and delivery of this Agreement or the consummation of the transactions contemplated hereby. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">3.3. <U>Title</U>. ContiBeef owns
good and valid title to the Interests, free and clear of any and all Liens. ContiBeef has made no assignment or transfer of or otherwise encumbered the </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">9 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">Interests or any portion thereof. Upon (a)&nbsp;the transfer of the Interests to MFC and (b)&nbsp;MFC&#146;s payment of the Stock Consideration therefor,
good and valid title to the Interests, free and clear of all Liens, shall pass to MFC. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">3.4. <U>No Litigation</U>. There is no litigation,
arbitration proceeding, governmental investigation, citation or action of any kind pending, or, to the knowledge of CGC and ContiBeef, threatened, (a)&nbsp;relating to the Interests or (b)&nbsp;relating to or against CGC or ContiBeef that may affect
in any adverse manner the ability of CGC or ContiBeef to execute, deliver and perform this Agreement and the other Transaction Documents to which CGC or ContiBeef is a party. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">3.5. <U>Investment Purpose</U>. ContiBeef acknowledges that the Stock Consideration contemplated herein has not been, and will not be, registered under
the Securities Act or under any state securities laws. ContiBeef represents that it is acquiring the Stock Consideration for its own account solely for investment and not with a view to resale or distribution thereof. ContiBeef has evaluated for
itself the risks and merits of an investment in the Stock Consideration and is able to bear the economic risk of such investment and has not relied upon any representations and warranties made by, or other information (whether oral or written)
furnished by or on behalf of, Smithfield or MFC, or any director, officer, employee, agent or Affiliate of Smithfield or MFC other than those set forth herein and in the other Transaction Documents. ContiBeef has carefully considered and has, to the
extent it deems appropriate, discussed with its own legal, tax, accounting and financial advisers the suitability of an investment in the Stock Consideration in light of its particular tax and financial situation, and has determined that the Stock
Consideration is a suitable investment for ContiBeef. Each of CGC and ContiBeef agrees that it will not take any action that could have an adverse effect on the applicability of the Laws concerning nonpublic offerings. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">3.6. <U>Brokers or Finders Fees</U>. No obligation or liability, contingent or otherwise, for brokers or finders fees created by CGC or ContiBeef with
respect to the matters provided for in this Agreement and the other Transaction Documents to which CGC or ContiBeef is a party shall be imposed upon the other parties hereto. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE IV </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>REPRESENTATIONS AND WARRANTIES OF SMITHFIELD AND MFC </U></B>
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Smithfield and MFC hereby, jointly and severally, represent and warrant to the other parties hereto that: </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">4.1. <U>Organization of Smithfield and MFC</U>. Smithfield is a corporation duly organized and validly existing and in good standing under the Laws of the
Commonwealth of Virginia. MFC is a corporation duly organized and validly existing and in good standing under the Laws of the State of Colorado. Each of Smithfield and MFC has the power to execute, deliver and perform this Agreement and each of the
other Transaction Documents to which it is a party, and to carry on its business as now being conducted. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">4.2. <U>Authorization;
Enforceability; No Violation</U>. The execution, delivery and performance by each of Smithfield and MFC of this Agreement and the other Transaction </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">10 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">Documents to which it is a party and each conveyance, assignment, agreement and other document herein contemplated to be executed by Smithfield or MFC have
been duly authorized by all necessary action of Smithfield or MFC. This Agreement and the other Transaction Documents and each conveyance, assignment, agreement and other document herein contemplated to be executed, delivered and performed by
Smithfield or MFC are, or will be upon execution, the legal, valid and binding obligations of Smithfield or MFC, as the case may be, duly enforceable against Smithfield or MFC in accordance with their terms (subject, however, to the effects of
bankruptcy, insolvency, reorganization, moratorium and similar laws from time to time in effect relating to the rights and remedies of creditors as well as to general principles of equity). This Agreement and the other Transaction Documents and each
conveyance, assignment, agreement and other document herein contemplated to be executed, delivered and performed by Smithfield or MFC (a)&nbsp;do not conflict with or violate any Law binding on Smithfield or MFC or their respective constituent
documents and (b)&nbsp;do not constitute a violation or breach of any material permit, lease, indenture, mortgage, agreement, contract or other obligation or restriction to which Smithfield or MFC may be bound. Except as set forth on <U>Exhibit
6.2(c)</U> attached hereto and any necessary filings under the HSR Act, no consent of any other Person, and no notice to, filing or registration with, or authorization, consent or approval of, any Governmental Authority or self-regulatory agency is
necessary or is required to be made or obtained by Smithfield or MFC in connection with the execution and delivery of this Agreement or the consummation of the transactions contemplated hereby. The shares of Smithfield Common Stock constituting the
Stock Consideration, when issued and delivered at the Closing in accordance with <U>Section&nbsp;2.2</U> hereof, shall be validly issued, fully paid and non-assessable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">4.3. <U>No Litigation</U>. There is no litigation, arbitration proceeding, governmental investigation, citation or action of any kind pending, or, to the knowledge of Smithfield or MFC, threatened, relating to or
against Smithfield or MFC that may affect in any adverse manner the ability of Smithfield or MFC to execute, deliver and perform this Agreement and the other Transaction Documents to which Smithfield or MFC is a party. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">4.4. <U>Brokers or Finders Fees</U>. No obligation or liability, contingent or otherwise, for brokers or finders fees created by Smithfield or MFC with
respect to the matters provided for in this Agreement and the other Transaction Documents to which Smithfield or MFC is a party shall be imposed upon the other parties hereto. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">4.5. <U>Investment Purpose</U>. The Purchased Interests being acquired by MFC hereunder are being acquired for MFC&#146;s own account, for investment and
not with a view to or for resale in connection with any &#147;distribution&#148; thereof as such term is used in connection with the registration provisions of the Securities Act. MFC acknowledges that ContiBeef has informed it that the Purchased
Interests have not been registered under the Securities Act and may not be sold until they have been registered or an exemption from such registration is available. MFC has evaluated for itself the risks and merits of an investment in the Purchased
Interests and is able to bear the economic risk of such investment and has not relied upon any representations and warranties made by, or other information (whether oral or written) furnished by or on behalf of, CGC or ContiBeef, or any director,
officer, employee, agent or Affiliate of CGC or ContiBeef other than those set forth herein and in the other Transaction Documents. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">11 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">4.6. <U>Smithfield SEC Documents</U>. Smithfield has timely filed all reports, schedules, forms,
statements and other documents (including exhibits and other information incorporated therein) with the SEC required to be filed by Smithfield since January&nbsp;1, 2005 (such documents, together with any documents filed during such period by
Smithfield with the SEC on a voluntary basis on Current Reports on Form 8-K, the <I>&#147;</I><U>Smithfield SEC Documents</U>&#148;). Each of the Smithfield SEC Documents, as amended prior to the date of this Agreement, complied as to form in all
material respects with, to the extent in effect at the time of filing, the requirements of the Securities Act and the Exchange Act applicable to such Smithfield SEC Documents, and none of the Smithfield SEC Documents when filed or, if amended prior
to the date hereof, as of the date of such amendment, contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements therein, in light of the
circumstances under which they were made, not misleading. Each of the financial statements (including the related notes) of Smithfield included in the Smithfield SEC Documents (or incorporated therein by reference) complied at the time it was filed
as to form in all material respects with the applicable accounting requirements and the published rules and regulations of the SEC with respect thereto in effect at the time of such filing, was prepared in accordance with generally accepted
accounting principles in the United States (except, in the case of unaudited statements, as permitted by the rules and regulations of the SEC) applied on a consistent basis during the periods involved (except as may be indicated in the notes
thereto) and fairly presented in all material respects the consolidated financial position of Smithfield and its consolidated subsidiaries as of the dates thereof and the consolidated results of their operations and cash flows for the periods then
ended (subject, in the case of unaudited statements, to normal year-end audit adjustments). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">4.7. <U>Excluded Assets</U>. Other than as
included in the definition of Owned Cattle set forth herein or as set forth on Exhibits 2.1(a)-1, 2.1(a)-2 or 2.1(a)-3 to the JBS Agreement, the Excluded Assets, Excluded Contracts and Excluded Liabilities (in each case, as defined in the JBS
Agreement) do not include any assets, contracts or liabilities of the Company. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE V </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>CERTAIN UNDERSTANDINGS AND AGREEMENTS </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">5.1. <U>Carry on in Regular Course</U>. At all times prior to the Closing, the parties shall cause the Company to carry on its business in the ordinary course and substantially in the same manner as heretofore carried on and to use its
commercially reasonable efforts to preserve its assets, properties, businesses and relationships with employees, suppliers and customers. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">5.2. <U>Commercially Reasonable Efforts</U>. Subject to the terms and conditions herein provided, prior to Closing, each of the parties hereto agrees to use its commercially reasonable efforts to take, or cause to be taken, all action, and
to do, or cause to be done, all things necessary, proper and advisable under applicable Law to consummate and make effective the transactions contemplated by this Agreement, including, without limitation, using commercially reasonable efforts in
connection with the arrangement of the financing contemplated by <U>Sections 6.1(g)</U> and <U>6.2(g)</U> hereof. Prior to Closing, the board of directors of Smithfield will approve the issuance of the Stock Consideration in a manner satisfactory to
CGC such that the issuance of the Stock Consideration is entitled to the benefit of the exemption from Section&nbsp;16(b) of the Exchange Act provided for in Rule 16b-3(d) of the Exchange Act. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">12 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">5.3. <U>Public Announcements</U>. The parties hereto will consult with each other before issuing any
press release or otherwise making any public statement with respect to this Agreement and the transactions contemplated herein, and shall not issue any such press release or make any such public statement prior to such consultation or as to which
any other party reasonably objects, except as may be required by Law or by obligations pursuant to any listing agreement with any national securities exchange or inter-dealer quotation system. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">5.4. <U>HSR Act Filing</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) If required
in order to comply with the HSR Act, the parties hereto shall file as soon as practicable after the date of this Agreement, and in any event by March&nbsp;31, 2008, notifications under the HSR Act, shall respond as promptly as practicable to all
inquiries or requests received from the Federal Trade Commission or the Antitrust Division of the Department of Justice for additional information or documentation and shall respond as promptly as practicable to all inquiries and requests received
from any State Attorney General or other Governmental Authority in connection with antitrust matters. The parties shall cooperate with each other in connection with the making of all such filings or responses, including providing copies of all such
documents to the other party and its advisors and consulting with the other party and its advisors on the contents thereof prior to filing or responding, and notifying the other party of and allowing the other party to participate in any calls or
meetings relating thereto. The parties hereto agree to use their respective commercially reasonable efforts to avoid the entry of (or, if entered, to lift, vacate or reverse) any order, decree, judgment or ruling of any court or Governmental
Authority restraining or preventing the consummation of the transactions contemplated herein on the basis of any federal, state or local antitrust Laws; <U>provided</U>, that in no event shall any party hereto be obligated under this
<U>Section&nbsp;5.4</U> to take any action that is reasonably likely to have a material adverse effect on the Company or any party hereto or require the divestiture by any party of any material asset or business. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) The parties hereto each shall, upon request by the other, furnish the other with all information concerning itself and the Company and such other
matters as may be reasonably necessary or advisable in connection with any statement, filing, notice or application made by or on behalf of any party hereto and the Company to any third party or any Governmental Authority in connection with the
transactions contemplated by this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) The parties hereto shall keep the other apprised of the status of matters relating to
completion of the transactions contemplated hereby, including promptly furnishing the other with copies of material notices or other material communications received by any of the parties hereto or the Company, as the case may be, from any third
party or any Governmental Authority with respect to the transactions contemplated by this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">5.5. <U>Additional Instruments</U>.
In case at any time after the Closing any further action is necessary or desirable to carry out the purposes of this Agreement, the proper officers, managers and directors of each party to this Agreement shall take all such action. At any time and
from time to time after the Closing Date, at the request of any party hereto and without further consideration, each party hereto shall execute and deliver such other instruments of sale, transfer, conveyance, assignment and confirmation as any
party hereto may reasonably deem necessary or desirable in order to more effectively transfer, convey, and assign to MFC, and confirm MFC&#146;s title to and interest in, the Interests and the consummation of the transactions contemplated herein.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">13 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE VI </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B><U>CONDITIONS PRECEDENT TO THE OBLIGATIONS OF THE PARTIES </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">6.1. <U>Smithfield&#146;s and
MFC&#146;s Conditions Precedent</U>. Each and every obligation of Smithfield and MFC to be performed on the Closing Date shall be subject to the satisfaction prior to or at the Closing, or waiver by Smithfield and MFC, of the following express
conditions precedent: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) <U>Compliance with Agreement</U>. CGC and ContiBeef shall have performed and complied in all material respects
with all of their respective obligations under this Agreement which are to be performed or complied with by them prior to or on the Closing Date, including, without limitation, those obligations contemplated by <U>Section&nbsp;2.1</U> hereof.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) <U>Representations and Warranties</U>. The representations and warranties made by CGC and ContiBeef in this Agreement shall be true
and correct (excluding all qualifications as to &#147;materiality,&#148; &#147;material adverse effect&#148; or any similar phrase) in all material respects as of the Closing Date with the same force and effect as though said representations and
warranties had been made on the Closing Date (except as to any representation or warranty that specifically relates to an earlier date, which representation or warranty shall be true and correct as of such earlier date). </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) <U>Consents</U>. All consents, approvals, certificates and authorizations required to be obtained by CGC and ContiBeef and that are specifically
identified on <U>Exhibit 6.1(c)</U> attached hereto shall have been obtained. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) <U>Proceedings and Instruments Satisfactory</U>. All
proceedings, corporate or other, to be taken by CGC and ContiBeef in connection with the transactions contemplated by this Agreement, and all documents incident thereto, shall be reasonably satisfactory in form and substance to MFC. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e) <U>No Injunction or Restraint</U>. No Law, injunction, judgment or ruling enacted, promulgated, issued, entered, amended or enforced by any
Governmental Authority enjoining, restraining, preventing or prohibiting the consummation of the transactions contemplated herein or making the consummation of the transactions contemplated herein illegal shall be in effect and shall have become
final and nonappealable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(f) <U>Antitrust Filings</U>. The HSR Act and the regulations promulgated thereunder shall have been complied
with, and all waiting periods, if any, under the HSR Act shall have expired or been terminated. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(g) <U>Financing</U>. Cattleco shall have
obtained and consummated financing arrangements with respect to its operations following the Closing on terms and conditions satisfactory to Smithfield. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">14 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(h) <U>JBS Transaction</U>. The transactions contemplated by the JBS Agreement shall be consummated
simultaneously with the transactions contemplated hereby. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(i) <U>Deliveries at Closing</U>. At the Closing, CGC and ContiBeef shall
deliver the following items to Smithfield and MFC, each properly executed and dated as of the Closing Date: (i)&nbsp;a certificate of an authorized officer of CGC and ContiBeef certifying fulfillment of the matters referred to in paragraphs
(a)&nbsp;through (c)&nbsp;of this <U>Section&nbsp;6.1</U>, (ii)&nbsp;the certificate evidencing the Interests, duly endorsed for transfer to MFC, (iii)&nbsp;the resignation of those directors of the Company designated by MFC pursuant to
Section&nbsp;6.9 of the Operating Agreement, (iv)&nbsp;a certificate of the corporate secretary (or equivalent official) of CGC and ContiBeef as to such matters as may reasonably be requested by Smithfield and MFC, (v)&nbsp;the Cattleco Operating
Agreement and (vi)&nbsp;the Registration Rights Agreement Amendment. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">6.2. <U>CGC&#146;s and ContiBeef&#146;s Conditions Precedent</U>.
Each and every obligation of CGC and ContiBeef to be performed on the Closing Date shall be subject to the satisfaction prior to or at the Closing, or waiver by CGC and ContiBeef, of the following express conditions precedent: </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) <U>Compliance with Agreement</U>. Smithfield and MFC shall have performed and complied in all material respects with all of their respective
obligations under this Agreement which are to be performed or complied with by them prior to or on the Closing Date, including, without limitation, those obligations contemplated by <U>Section&nbsp;2.1</U> hereof. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) <U>Representations and Warranties</U>. The representations and warranties made by Smithfield and MFC in this Agreement shall be true and correct
(excluding all qualifications as to &#147;materiality,&#148; &#147;material adverse effect&#148; or any similar phrases) in all material respects as of the Closing Date with the same force and effect as though such representations and warranties had
been made on the Closing Date (except as to any representation or warranty that specifically relates to an earlier date, which representation or warranty shall be true and correct as of such earlier date). </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) <U>Consents</U>. All consents, approvals, certificates and authorizations required to be obtained by Smithfield and MFC and that are specifically
identified on <U>Exhibit 6.2(c)</U> attached hereto shall have been obtained. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) <U>Proceedings and Instruments Satisfactory</U>. All
proceedings, corporate or other, to be taken by Smithfield and MFC in connection with the transactions contemplated by this Agreement, and all documents incident thereto, shall be reasonably satisfactory in form and substance to ContiBeef.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e) <U>No Injunction or Restraint</U>. No Law, injunction, judgment or ruling enacted, promulgated, issued, entered, amended or enforced
by any Governmental Authority enjoining, restraining, preventing or prohibiting the consummation of the transactions contemplated herein or making the consummation of the transactions contemplated herein illegal shall be in effect and shall have
become final and nonappealable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(f) <U>Antitrust Filings</U>. The HSR Act and the regulations promulgated thereunder shall have been
complied with, and all waiting periods, if any, under the HSR Act shall have expired or been terminated. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">15 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(g) <U>Financing</U>. Cattleco shall have obtained and consummated financing arrangements with respect to
its operations following the Closing on terms and conditions satisfactory to CGC and ContiBeef. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(h) <U>JBS Transaction</U>. The
transactions contemplated by the JBS Agreement shall be consummated simultaneously with the transactions contemplated hereby. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(i)
<U>Deliveries at Closing</U>. At the Closing, Smithfield and MFC shall deliver the following items to CGC and ContiBeef, each properly executed and dated as of the Closing Date: (i)&nbsp;the Stock Consideration, (ii)&nbsp;a certificate of an
authorized officer of Smithfield and MFC certifying fulfillment of the matters referred to in paragraphs (a)&nbsp;through (c)&nbsp;of this <U>Section&nbsp;6.2</U>, (iii)&nbsp;a certificate of the corporate secretary (or equivalent official) of
Smithfield and MFC as to such matters as may reasonably be requested by CGC and ContiBeef, (iv)&nbsp;the Cattleco Operating Agreement and (v)&nbsp;the Registration Rights Agreement Amendment. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE VII </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>INDEMNIFICATION; OTHER PAYMENTS </U></B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">7.1. <U>Smithfield&#146;s and MFC&#146;s Indemnity</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(a) Smithfield and MFC hereby, jointly and severally, agree to indemnify and hold CGC and ContiBeef harmless from and against, and defend promptly CGC and ContiBeef from, and reimburse CGC and ContiBeef for, any and
all losses, damages, costs, expenses, judgments, penalties or fines (whether civil or criminal), liabilities, obligations and claims of any kind, including, without limitation, reasonable attorneys&#146; fees and other legal costs and expenses
(hereinafter referred to collectively as &#147;<U>Losses</U>&#148;), that CGC or ContiBeef, or any Affiliate of CGC or ContiBeef, may at any time suffer or incur, or become subject to, as a result of or in connection with (i)&nbsp;any breach or
inaccuracy of any of the representations and warranties made by Smithfield and MFC in or pursuant to this Agreement or any other agreement or instrument delivered by Smithfield or MFC at the Closing and (ii)&nbsp;any failure of Smithfield or MFC to
carry out, perform, satisfy and discharge any of its covenants, agreements, undertakings, liabilities or obligations under this Agreement or any other agreement or instrument delivered by Smithfield or MFC at the Closing. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) In the event a claim against CGC or ContiBeef arises that CGC or ContiBeef reasonably believes is covered by the indemnity provisions of
<U>Section&nbsp;7.1(a)</U> of this Agreement, notice shall be given promptly by CGC or ContiBeef to Smithfield and MFC containing detail reasonably sufficient for Smithfield and MFC to identify the nature and basis of the claim. Provided that
Smithfield and MFC admit in writing to CGC and ContiBeef that such claim is covered by the indemnity provisions of <U>Section&nbsp;7.1(a)</U> hereof, Smithfield and MFC shall have the right to contest and defend by all appropriate legal proceedings
such claim and to control all settlements (unless CGC and ContiBeef agree to assume the cost of settlement and to forgo such indemnity) and to select lead counsel to defend any and all such claims at the sole cost and expense of Smithfield and MFC;
<U>provided</U>, <U>however</U>, that Smithfield and MFC may not effect any settlement that could result in any cost, expense or liability to CGC or ContiBeef unless CGC and ContiBeef consent in writing to such settlement and Smithfield and MFC
agree to indemnify CGC and ContiBeef therefor. CGC or ContiBeef may select counsel to participate </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">with Smithfield&#146;s and MFC&#146;s counsel in any such defense, in which event CGC or ContiBeef&#146;s counsel shall be at their respective sole cost and
expense. If, however, CGC or ContiBeef reasonably determines in its judgment that having common counsel representing it or them, on the one hand, and Smithfield and/or MFC, on the other hand, would present such counsel with a conflict of interest or
if the defendants in or targets of any such action or proceeding include CGC or ContiBeef, on the one hand, and Smithfield and/or MFC, on the other hand, and CGC or ContiBeef reasonably concludes that there may be legal defenses available to it that
are different from or in addition to those available to Smithfield or MFC, then CGC and ContiBeef may employ separate counsel to represent or defend it in any such action or proceeding and Smithfield and MFC will pay the disbursements, charges and
reasonable fees of such counsel (it being understood, however, that in connection with such action Smithfield and MFC will not be required to pay the disbursements, charges and reasonable fees of more than one separate counsel (in addition to local
counsel) in any one action or separate but substantially similar actions in the same jurisdiction arising out of the same general allegations or circumstances). In connection with any such claim, action or proceeding, the parties shall cooperate
with each other and provide each other with access to relevant books and records in their possession. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">7.2. <U>CGC&#146;s and
ContiBeef&#146;s Indemnity</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) CGC and ContiBeef hereby, jointly and severally, agree to indemnify and hold Smithfield and MFC
harmless from and against, and defend promptly Smithfield and MFC from, and reimburse Smithfield and MFC for, any and all Losses that Smithfield and MFC or any Affiliate of Smithfield and MFC may at any time suffer or incur, or become subject to, as
a result of or in connection with (i)&nbsp;any breach or inaccuracy of any of the representations and warranties made by CGC or ContiBeef in or pursuant to this Agreement or any other agreement or instrument delivered by CGC or ContiBeef at the
Closing and (ii)&nbsp;any failure of CGC or ContiBeef to carry out, perform, satisfy and discharge any of their respective covenants, agreements, undertakings, liabilities or obligations under this Agreement or any other agreement or instrument
delivered by CGC or ContiBeef at the Closing. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) In the event a claim against Smithfield or MFC arises that Smithfield or MFC reasonably
believes is covered by the indemnity provisions of <U>Section&nbsp;7.2(a)</U> of this Agreement, notice shall be given promptly by Smithfield or MFC to CGC and ContiBeef containing detail reasonably sufficient for CGC and ContiBeef to identify the
nature and basis of the claim. Provided that CGC and ContiBeef admit in writing to Smithfield and MFC that such claim is covered by the indemnity provisions of <U>Section&nbsp;7.2(a)</U> hereof, CGC and ContiBeef shall have the right to contest and
defend by all appropriate legal proceedings such claim and to control all settlements (unless Smithfield and MFC agree to assume the cost of settlement and to forgo such indemnity) and to select lead counsel to defend any and all such claims at the
sole cost and expense of CGC and ContiBeef; <U>provided</U>, <U>however</U>, that CGC and ContiBeef may not effect any settlement that could result in any cost, expense or liability to Smithfield or MFC unless Smithfield and MFC consent in writing
to such settlement and CGC and ContiBeef agree to indemnify Smithfield and MFC therefor. Smithfield and MFC may select counsel to participate with CGC&#146;s and ContiBeef&#146;s counsel in any such defense, in which event Smithfield&#146;s and
MFC&#146;s counsel shall be at its sole cost and expense. If, however, Smithfield or MFC reasonably determines in its judgment that having common counsel representing it or them, on the one hand, and CGC and/or ContiBeef, on the other hand, would
present such counsel with a </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">17 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">conflict of interest or if the defendants in or targets of any such action or proceeding include Smithfield or MFC, on the one hand, and CGC and/or
ContiBeef, on the other hand, and Smithfield or MFC reasonably concludes that there may be legal defenses available to it that are different from or in addition to those available to CGC or ContiBeef, then Smithfield and MFC may employ separate
counsel to represent or defend it in any such action or proceeding and CGC and ContiBeef will pay the disbursements, charges and reasonable fees of such counsel (it being understood, however, that in connection with such action CGC and ContiBeef
will not be required to pay the disbursements, charges and reasonable fees of more than one separate counsel (in addition to local counsel) in any one action or separate but substantially similar actions in the same jurisdiction arising out of the
same general allegations or circumstances). In connection with any such claim, action or proceeding, the parties shall cooperate with each other and provide each other with access to relevant books and records in their possession. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">7.3. <U>Payment by CGC and ContiBeef for Certain Buyer Indemnification Losses</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) CGC and ContiBeef hereby, jointly and severally, agree to pay Smithfield an amount equal to fifty percent (50%)&nbsp;of amounts actually paid by
Smithfield to the Buyer (as defined in the JBS Agreement) pursuant to (i)&nbsp;Section&nbsp;8.1(a)(i) of the JBS Agreement, to the extent, but only to the extent, that such payment results from a breach of a representation or warranty of Smithfield
with respect to the Company, (ii)&nbsp;Section&nbsp;8.1(a)(ii) of the JBS Agreement, to the extent, but only to the extent, that such payment results from any action of (or inaction by) the Company occurring prior to the Closing,
(iii)&nbsp;Section&nbsp;8.1(a)(iii) of the JBS Agreement to the extent that the Excluded Assets, Excluded Contracts or Excluded Liabilities (as each such term is defined in the JBS Agreement) giving rise to such payment are assets, liabilities or
contracts (as the case may be) of the Company, (iv)&nbsp;Section&nbsp;8.1(a)(iv) of the JBS Agreement, to the extent, but only to the extent, that such payment relates to the Company and (v)&nbsp;any claim by the Buyer with respect to Taxes (as
defined in the JBS Agreement), other than federal income Taxes, to the extent, but only to the extent, that such payment relates to the Company, subject, in the case of each of clauses (i)&nbsp;through (v)&nbsp;above, to compliance by Smithfield
with the procedures set forth in <U>Sections 7.3(b)</U>, <U>(c)</U>&nbsp;and <U>(d)</U>&nbsp;and the limits set forth in <U>Section&nbsp;7.3(e)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(b) If Smithfield receives a claim under the JBS Agreement (the &#147;<U>Underlying Claim</U>&#148;) which may result in a claim by Smithfield against CGC for payment pursuant to <U>Section&nbsp;7.3(a)</U> of this
Agreement, notice of the receipt of such Underlying Claim shall promptly be given by Smithfield to CGC. In addition to providing the notice specified in the preceding sentence, Smithfield shall also promptly provide to CGC copies of any documents or
correspondence, and access to any other relevant books, records and information in Smithfield&#146;s possession, relevant to an assessment (and defense) of the Underlying Claim. Smithfield and CGC shall reasonably consult and cooperate in good faith
in determining how to respond to the Underlying Claim. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) If CGC agrees that the Underlying Claim could give rise to a payment obligation
pursuant to <U>Section&nbsp;7.3(a)</U> hereof, CGC and Smithfield shall reasonably consult and cooperate in good faith (in each such case with a view to reducing their respective losses in respect of the specified Underlying Claim) on all aspects of
the defense of the Underlying Claim, including all strategic determinations, such as whether and on what terms to settle any such Underlying Claim, the selection of counsel to defend the matter giving rise to the Underlying </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">18 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">Claim or against the Underlying Claim, and all material strategic considerations arising in the course of any such defense. Unless CGC has denied any
potential obligation to pay Smithfield pursuant to <U>Section&nbsp;7.3(a)</U> in respect of the Underlying Claim, Smithfield shall not agree to settle the Underlying Claim (other than a settlement that would not result in any payment obligation
being due from CGC to Smithfield pursuant to <U>Section&nbsp;7.3(a)</U> hereof) without CGC&#146;s consent. Notwithstanding the selection of counsel acceptable to CGC, CGC may also, at its sole cost and expense, select counsel to participate in the
defense of an Underlying Claim. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) If CGC denies that the Underlying Claim could give rise to a payment obligation pursuant to
<U>Section&nbsp;7.3(a)</U> hereof, Smithfield shall have no obligation to consult with CGC on matters relating to the defense or settlement of any Underlying Claim without prejudice to its right to pursue a claim against CGC for payment pursuant to
<U>Section&nbsp;7.3(a)</U> hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e) Notwithstanding anything in this <U>Section&nbsp;7.3</U> to the contrary, (i)&nbsp;in determining
whether CGC and ContiBeef have any payment obligation to Smithfield pursuant to <U>Section&nbsp;7.3(a)(i)</U> hereof, it will be assumed that Smithfield makes use of the &#147;Basket&#148; provided for in the JBS Agreement with respect to the first
$575,000 of payments that Smithfield would otherwise be required to make to the Buyer in the absence of the &#147;Basket&#148; with respect to the Underlying Claims referred to in <U>Section&nbsp;7.3(a)(i)</U> (whether or not Smithfield actually
applies such payments to the &#147;Basket&#148;) and (ii)&nbsp;CGC and ContiBeef will have no payment obligations to Smithfield pursuant to <U>Section&nbsp;7.3(a)(i)</U> in excess of $11,500,000 in the aggregate. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">7.4. <U>Benefits Payment</U>. CGC and ContiBeef hereby, jointly and severally, agree to pay Smithfield, as promptly as practicable following the payment
by Smithfield of any such amount, an amount equal to fifty percent (50%)&nbsp;of amounts actually paid by Smithfield to the Buyer or any of its Affiliates pursuant to the final sentence of Section&nbsp;8.3(b) of the JBS Agreement. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">7.5. <U>Termination Payment</U>. In the event that Buyer fails to close the transaction contemplated by the JBS Agreement or the JBS Agreement is
terminated for any reason and, in connection with such failure or termination, Smithfield or any of its Affiliates actually receives (whether as a result of litigation or otherwise) any payment from the Buyer or any of its Affiliates, Smithfield
shall pay to CGC, as promptly as practicable following receipt of such payment, an amount equal to the product of (a)&nbsp;the amount actually so received <U>times</U> (b)&nbsp;0.11504; <U>provided</U>, <U>however</U>, that Smithfield shall have the
right, in its sole discretion, to control all negotiations, legal proceedings, settlements, agreements and all other matters with Buyer related in any manner to any such failure or termination. </FONT></P> <P
STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE VIII </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>TERMINATION
</U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">8.1. <U>Termination</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman"
SIZE="2">(a) This Agreement shall automatically terminate upon any termination of the JBS Agreement prior to Closing. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) This Agreement
may be terminated and the transactions contemplated hereby may be abandoned at any time prior to the Closing Date as follows: (i)&nbsp;by mutual written agreement of the parties hereto or (ii)&nbsp;by any of the parties hereto if the Closing shall
not have </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">19 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px;padding-bottom:3px;line-Height:95%; vertical-align:top">
<FONT FACE="Times New Roman" SIZE="2">occurred on or prior to the first (1</FONT><FONT FACE="Times New Roman" SIZE="1"><SUP>st</SUP></FONT><FONT FACE="Times New Roman" SIZE="2">)&nbsp;anniversary
of the date hereof; <U>provided</U>, <U>however</U>, that the right to terminate this Agreement pursuant to this clause (ii)&nbsp;(A)&nbsp;shall not be available to any party whose failure to fulfill any obligation under this Agreement has been the
primary cause of, or resulted primarily in, the failure of the Closing to occur prior to such date, and (B)&nbsp;may only be exercised by a party acting reasonably and in good faith. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) Notwithstanding the foregoing, in no event shall Smithfield or MFC be entitled to terminate this Agreement at any time prior to the termination of
the JBS Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">8.2. <U>Rights on Termination; Waiver</U>. If this Agreement is terminated pursuant to <U>Section&nbsp;8.1</U>, all
further obligations of the parties under or pursuant to this Agreement shall terminate; <U>provided</U>, <U>however</U>, that the parties obligations under <U>Section&nbsp;7.5</U> and <U>Article IX</U> hereof shall survive any such termination. If
any of the conditions set forth in <U>Section&nbsp;6.1</U> of this Agreement have not been satisfied, Smithfield and MFC may nevertheless elect to waive such conditions and proceed with the consummation of the transactions contemplated hereby. If
any of the conditions set forth in <U>Section&nbsp;6.2</U> of this Agreement have not been satisfied, CGC and ContiBeef may nevertheless elect to waive such conditions and proceed with the consummation of the transactions contemplated hereby.
Notwithstanding anything contained herein, the election by a party hereto to terminate this Agreement pursuant to <U>Section&nbsp;8.1</U> shall not in any way affect the rights of such party against the other parties for any breach or default under
this Agreement. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ARTICLE IX </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2"><B><U>MISCELLANEOUS </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">9.1. <U>Entire Agreement; Amendment</U>. This Agreement and the documents referred to herein and to
be delivered pursuant hereto constitute the entire agreement between the parties pertaining to the subject matter hereof, and supersede all prior and contemporaneous agreements, understandings, negotiations and discussions of the parties, whether
oral or written, and there are no warranties, representations or other agreements between the parties in connection with the subject matter hereof, except as specifically set forth herein or therein. No amendment, supplement, modification, waiver or
termination of this Agreement shall be binding unless executed in writing by the parties to be bound thereby. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provision of this Agreement,
whether or not similar, nor shall such waiver constitute a continuing waiver unless otherwise expressly provided. The representations and warranties of each party hereto shall be deemed to be material and to have been relied upon by the other
parties. The representations, warranties, covenants and agreements of the parties hereto contained herein shall survive the execution and delivery of this Agreement and consummation of the transactions contemplated hereby. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">9.2. <U>Expenses</U>. Except as otherwise provided in this Agreement, all fees and expenses incurred in connection with this Agreement and the
transactions contemplated hereby shall be paid by the party incurring such fees or expenses, whether or not the transactions contemplated by this Agreement are consummated. Notwithstanding the foregoing, all Governmental Authority filing fees in
connection with the approval of the transactions contemplated hereby will be borne equally by CGC and ContiBeef, on the one hand, and Smithfield and MFC, on the other hand. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">20 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">9.3. <U>Governing Law; Consent to Jurisdiction</U>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) This Agreement and the transactions contemplated herein, and all disputes between the parties under or related to this Agreement or the facts and
circumstances leading to its execution or performance, whether in contract, tort or otherwise, shall be governed by and construed in accordance with the laws of the State of New York, without reference to the conflict of laws principles thereof
(other than Sections 5-1401 and 5-1402 of the New York General Obligations Law). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) Each of the parties (i)&nbsp;irrevocably submits
itself to the personal jurisdiction of any federal court of the United States of America sitting in the borough of Manhattan, New York, New York, as well as to the jurisdiction of all courts to which an appeal may be taken from such courts, in any
suit, action or proceeding arising out of or relating to this Agreement, any of the transactions contemplated by this Agreement or any facts and circumstances leading to its execution or performance, (ii)&nbsp;agrees that all claims in respect of
such suit, action or proceeding must be brought, heard and determined exclusively in such courts, (iii)&nbsp;agrees that it shall not attempt to deny or defeat such personal jurisdiction by motion or other request for leave from such courts,
(iv)&nbsp;agrees not to bring any suit, action or proceeding arising out of or relating to this Agreement or any of the transactions contemplated by this Agreement in any other court and (v)&nbsp;waives any defense of inconvenient forum to the
maintenance of any suit, action or proceeding so brought. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) Each of the parties agrees to waive any bond, surety or other security that
might be required of any other party with respect to any action, suit or proceeding, including any appeal thereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) Each of the parties
agrees that service of any process, summons, notice or document in accordance with <U>Section&nbsp;9.5</U> hereof shall be effective service of process for any action, suit or proceeding brought against it; <U>provided</U>, <U>however</U>, that
nothing herein shall affect the right of any party to serve legal process in any other manner permitted by law. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e) EACH PARTY
ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY THAT MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A
TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (i)&nbsp;NO REPRESENTATIVE, AGENT OR
ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (ii)&nbsp;EACH PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS
WAIVER, (iii)&nbsp;EACH PARTY MAKES THIS WAIVER VOLUNTARILY, AND (iv)&nbsp;EACH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATION IN THIS <U>SECTION 9.3</U>. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">21 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">9.4. <U>Assignment</U>. This Agreement and each party&#146;s respective rights and obligations hereunder
may not be assigned, by operation of law or otherwise, without the prior written consent of the other parties. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">9.5. <U>Notices</U>. All
communications, notices and disclosures required or permitted by this Agreement shall be in writing and shall be deemed to have been given at the earlier of the date (a)&nbsp;when delivered personally or by messenger or by overnight delivery service
to an officer of the other party, (b)&nbsp;five days after being mailed by registered or certified United States mail, postage prepaid, return receipt requested or (c)&nbsp;when received via telecopy, e-mail or other electronic transmission, in all
cases addressed to the person for whom it is intended at his address set forth below or to such other address as a party shall have designated by notice in writing to the other party in the manner provided by this <U>Section&nbsp;9.5</U>:
</FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">If&nbsp;to&nbsp;Smithfield:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Smithfield Foods, Inc.</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">499 Park Avenue, 6th Floor</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">New York, NY 10022</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Attn: Richard J. M. Poulson</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Facsimile: (212) 758-2100</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">If to MFC:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">c/o Smithfield Foods, Inc.</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">499 Park Avenue, 6th Floor</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">New York, NY 10022</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Attn: Richard J. M. Poulson</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Facsimile: (212) 758-2100</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">If to CGC:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Continental Grain Company</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">277 Park Avenue</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">New York, NY 10172</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Attn: Michael Mayberry, Esq.</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Facsimile: (212) 527-1540</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">If to ContiBeef:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">c/o Continental Grain Company</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">277 Park Avenue</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">New York, NY 10172</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Attn: Michael Mayberry, Esq.</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Facsimile: (212) 527-1540</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">9.6. <U>Counterparts; Headings</U>. This Agreement may be executed in several counterparts, each
of which shall be deemed an original, but such counterparts shall together constitute but one and the same Agreement. The Table of Contents, Article and Section headings in this Agreement are inserted for convenience of reference only and shall not
constitute a part hereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">9.7. <U>Interpretation</U>. Unless the context requires otherwise, all words used in this Agreement in the
singular number shall extend to and include the plural, all words in the plural </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">22 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">number shall extend to and include the singular and all words in any gender shall extend to and include all genders. All references to contracts, agreements,
leases or other understandings or arrangements shall refer to oral as well as written matters. The specificity of any representation or warranty contained herein shall not be deemed to limit the generality of any other representation or warranty
contained herein. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">9.8. <U>Severability</U>. If any provision, clause or part of this Agreement, or the application thereof under certain
circumstances, is held invalid, the remainder of this Agreement, or the application of such provision, clause or part under other circumstances, shall not be affected thereby. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">9.9. <U>No Reliance</U>. No third party is entitled to rely on any of the representations, warranties and agreements contained in this Agreement. The
parties hereto assume no liability to any third party because of any reliance on the representations, warranties and agreements of the parties hereto contained in this Agreement. Nothing contained in this Agreement shall be construed as creating a
partnership or joint venture or any agency relationship between the parties hereto, or any other relationship other than as provided herein. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">9.10. <U>Parties in Interest</U>. This Agreement shall be binding upon and inure solely to the benefit of each party hereto, and nothing in this Agreement, express or implied, is intended to or shall confer upon any other person any rights,
benefits or remedies of any nature whatsoever under or by reason of this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">9.11. <U>Specific Performance</U>. The parties hereto
agree that irreparable damage would occur in the event any of the provisions of this Agreement were not performed in accordance with their specific terms or otherwise breached. It is accordingly agreed that the parties shall be entitled to an
injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement, this being in addition to any other remedy to which they are entitled at law or in equity, without the necessity
of posting bonds or other undertaking in connection therewith. The parties acknowledge that in the absence of a waiver, a bond or undertaking may be required by a court and the parties hereby waive any such requirement of such a bond or undertaking.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">[Remainder of this page intentionally left blank] </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">23 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">IN WITNESS WHEREOF, each party hereto has caused this Purchase Agreement to be executed in its name by a
duly authorized officer as of the day and year first above written. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>SMITHFIELD FOODS, INC.</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Richard J.M. Poulson</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Richard J. M. Poulson</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Its:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Executive Vice President</FONT></TD></TR>
<TR>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>MF CATTLE FEEDING, INC.</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Michael H. Cole</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Michael H. Cole</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Its:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Vice President</FONT></TD></TR>
<TR>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>CONTINENTAL GRAIN COMPANY</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Michael Zimmerman</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Michael Zimmerman</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Its:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Executive Vice President and Chief Financial Officer</FONT></TD></TR>
<TR>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>CONTIBEEF LLC</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ David Lee</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">David Lee</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Its:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">President</FONT></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">24 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>4
<FILENAME>dex991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML><HEAD>
<TITLE>PRESS RELEASE</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 99.1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px">

<IMG SRC="g43856logo01.jpg" ALT="LOGO"> </P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="23%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="23%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="22%"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Contact:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Smithfield Foods, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Media:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Investors:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Adam Weiner or Lyndsey Estin</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Jerry Hostetter or Keira Ullrich</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Kekst and Company</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Smithfield Foods, Inc.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">1 (212)&nbsp;521-4800</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">1 (212) 758-2100</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U>adam-weiner@kekst.com</U></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><U>jerryhostetter@smithfieldfoods.com</U></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U>lyndsey-estin@kekst.com</U></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><U>keiraullrich@smithfieldfoods.com</U></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>JBS S.A.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>Continental Grain Company/</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Jerry O&#146;Callaghan</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>Five Rivers Ranch Cattle Feeding LLC</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">JBS S.A.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Robin Derin</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">011 (55)&nbsp;(11)&nbsp;3144-4147</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Continental Grain Company</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">j<U>erry@jbs.com.br</U></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">1 (212) 207-5567</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U>robin.derin@conti.com</U></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Smithfield Foods and JBS S.A. Announce Agreement To Sell Beef Processing and Cattle Feeding
Operations To JBS </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Smithfield, Virginia (March 5, 2008)&#151;Smithfield Foods, Inc. (NYSE: SFD) announced today that it has signed a definitive
agreement to sell Smithfield Beef Group, Inc. (&#147;Smithfield Beef&#148;), its beef processing and cattle feeding operation, to JBS S.A. (Bovespa: JBSS3), for $565.0 million in cash. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">The sale to JBS will include 100 percent of Five Rivers Ranch Cattle Feeding LLC (&#147;Five Rivers&#148;), which is currently held by Smithfield Beef in a 50/50 joint venture with Continental Grain Company
(&#147;CGC,&#148; formerly ContiGroup Companies, Inc.). Smithfield Foods and CGC have agreed that, immediately before closing of the JBS transaction, Smithfield Beef will acquire from CGC the 50 percent of Five Rivers that it does not presently own
in return for 2.167&nbsp;million shares of Smithfield common stock. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The purchase prices for JBS&#146;s purchase of Smithfield Beef, and Smithfield
Beef&#146;s purchase of the 50 percent interest in Five Rivers, are subject to customary adjustments, including adjustments for differences in working capital at closing from agreed-upon targets. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The transaction excludes substantially all live cattle inventories held by Smithfield Beef and Five Rivers as of the closing date, together with associated debt. Live
cattle currently owned by Five Rivers will be transferred to a new 50/50 joint venture between Smithfield Foods and CGC, while live cattle currently owned by Smithfield Beef will be transferred to another subsidiary of Smithfield Foods. The excluded
live cattle will be raised by JBS after closing for a negotiated fee and then sold at maturity at market-based prices. Proceeds from the sale of the excluded live cattle will be paid in cash to the Smithfield Foods/CGC </FONT>
</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">joint venture or Smithfield Foods, as appropriate. Smithfield believes that most of the live cattle inventories will be sold within six months after closing
with substantially all sold within 12 months after closing. The proceeds from the sale of Smithfield Beef&#146;s live cattle inventories, together with Smithfield&#146;s 50 percent interest in Five Rivers&#146; cattle inventory, net of associated
debt, are expected to be in excess of $200 million. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Smithfield Foods expects that the net proceeds of the transaction (consisting of the $565.0 million to
be paid at closing, plus the net proceeds from the sale of the retained cattle inventory post-closing after payment of associated debt) will be used primarily for debt reduction. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Smithfield Beef processes approximately 1.5 billion pounds of fresh beef annually. Its processing capacity is 7,600 cattle per day. Five Rivers is the largest cattle feedlot operation in the U.S. with a one-time
feeding capacity of 811,000 head of cattle. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">&#147;We see this acquisition as an opportunity to participate in a segment of the business and a region where
we are not present today. The synergy created will help us increase our customer base and reduce overheads in a highly competitive industry,&#148; said Wesley Mendon&ccedil;a Batista, Chief Executive Officer of JBS USA. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">&#147;We are pleased that Smithfield Foods is able to benefit our shareholders through this transaction by using the ultimate net proceeds of approximately $750 million
to reduce leverage and invest capital in higher return businesses,&#148; said C. Larry Pope, president and chief executive officer. &#147;While outperforming the industry, our beef group has nevertheless been a relatively minor player, as we have
been unable to grow through acquisition or justify building a new plant in this adverse environment. It makes sense to exit the beef business at this time,&#148; he said. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">The transaction is expected to close as soon as possible subject to customary regulatory review and closing conditions. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Smithfield&#146;s financial advisor in connection with the transaction was Evercore Partners and its legal advisor was Hunton&nbsp;&amp; Williams LLP. JBS&#146;s financial advisor was JPMorgan Securities, Inc. while Allen&nbsp;&amp; Overy
LLP acted as its legal advisor. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>About Smithfield </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">With
sales of $13 billion, Smithfield Foods is the leading processor and marketer of fresh pork and packaged meats in the United States, as well as the largest producer of hogs. For more information, visit <U>www.smithfieldfoods.com</U>. </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>About JBS S.A. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">JBS is a public company with its shares listed on
Bovespa&#146;s Novo Mercado under the symbol JBSS3. JBS operates 23 plants in Brazil and six in Argentina in addition to its operations in Australia and the United States resulting from the purchase of Swift&nbsp;&amp; Company last year. In the 12
months ending September 2007, JBS generated pro forma net revenue of U.S.$11.9 billion and processed nine million head of cattle. More information about JBS S.A. is available at <U>www.JBS.com.br/ir/</U>. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">This news release contains &#147;forward-looking&#148; statements within the meaning of the federal securities laws. The
forward-looking statements includes statements concerning the Company&#146;s outlook for the future, as well as other statements of beliefs, future plans and strategies or anticipated events, and similar expressions concerning matters that are not
historical facts. The Company&#146;s forward-looking information and statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, the statements. These risks and
uncertainties include the availability and prices of live hogs and cattle, raw materials, fuel and supplies, food safety, livestock disease, live hog production costs, product pricing, the competitive environment and related market conditions, the
timing and extent to which beef export markets are reopened, hedging risk, operating efficiencies, changes in interest rate and foreign currency exchange rates, access to capital, the investment performance of the Company&#146;s pension plan assets
and the availability of legislative funding relief, the cost of compliance with environmental and health standards, adverse results from on-going litigation, actions of domestic and foreign governments, labor relations issues, credit exposure to
large customers, the ability to make effective acquisitions and successfully integrate newly acquired businesses into existing operations and other risks and uncertainties described in the Company&#146;s Annual Report on Form 10-K for fiscal 2007
and in its subsequent Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on forward-looking statements because actual results may differ materially from those expressed in, or implied by, the statements. Any
forward-looking statement that the Company makes speaks only as of the date of such statement, and the Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">### </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">3 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>g43856logo01.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g43856logo01.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`1@)>`P$1``(1`0,1`?_$`+H``0`"`P$!`0`#````
M```````*"P<("08%!`$"`P$!``(#`0$!``````````````8(!0<)!`,"$```
M!@(!`@,#"`8'!`<)`0`!`@,$!08'"``1"1(3"B$4&3%!(A465IC8(Q>7UU@:
M47%"MQAX.6$R)7:!D3.SM39W4F(D-'65MM8W.!$``00!!`(!`P,"!`0'````
M``$"`P0%$1(&!Q,((3$B%$$R%2,646%Q"8&1)!="4K(S<[,T_]H`#`,!``(1
M`Q$`/P"?QP#7K8#;36+5.`3L^R>?<2X0A5R'49N,E7FOU9>3*01`X1$=)OD9
M.8.02CU*U16,'3Y.`<]V/J">S-(RY81OW`\($>&6!`JSP]OCHHRAC>$/^.2%
M6;0I4^O]L7`$Z>WKTX!TC@MD=>;/B=3/%>SIB&8PD@T3?.LNL,C5%QC9DU55
M;MR+2%U)+C78\/>7:20@LX3,550I!`#"`<`QD._NB0`(CNIJ8``'41'8O$``
M`!\HB/VP]@!P#:F,DXV;C8^9AI!C+P\NQ:2<5*QCM!_&R<:_;INF,A'OFJBK
M5ZQ>M52*)*IF,FHF8#%$0$!X!^[@#@#@#@#@#@#@$:_N4>J!T2[=F;I;7(*K
MDK8[+M-=E8Y-B\5'K;"LX[DS)D5/79BUV.2;-Y"V-4U`]Y8LD%RM##Y:ZJ:P
M'3*!T>[97=CU)[K6+9O(>M=AF6<_27,<PR9B>\LFL-D7'[V5265C%I2/9O9&
M/DH&7]U7!G),G"[5<R*A#"FJ0Z10.F7`/\%739`Q2KN$$3'_`-PJJJ:9C^T`
M^B!S`)O:/3V<`_#.ST'5H65LEFF8JNUV!CW<M.3T[(-(F&AHI@@=R^DY64?K
M-V,?'LFR9E%5ECD33(43&$``1X!J\&_NB0@`ANIJ8(#[0$-B\0"`@/R"`_;#
M@'LJ#MOJIE:SLJ3B_9G7[)%SD47;B/J5#S+CJWV9^WCVYW;]=G`U^QR$HZ19
M-4S*+&(D8$TRB8W0`Z\`V$X`X`X`X!KWM/M'A/3'`V0]D=A;DSH^+,:0RDM.
M2BX`N_D')S`A%5RNQ@'(O-VBQ2*B;1@R2_2.'"I0ZE+XC%`J]^Y)ZI+N$[CW
M>R0NO5\G]/M=RO'S.KTW&;U!ADR<A!.=)O(9"R8U2&;/+/FWA,JSB5F4>W$P
MI@"_05C@<:\?]R3?[%MN1O=!W(V-KEL1<^]?6[;+%P='<*^,5#`^:2$H\82*
M"AQ'QI.$E$C]>ABB'`+!#TX?J(K?W`+&?2W<]U!_XGHVN/I[%>4XN/9P#+-\
M'76OO-@@Y^$8)H14=DF#C$S/O&S31;2C))=0$4E4#><!,0X`X`X`X!_FJJD@
MDJNNJFB@BF=5994Y4TDDDRB=1550X@1--,@")C"(``!U'@&IYM^M%2&,0^Z.
MIY#D,8AR&V)Q"4Q#D,)3D,4;@`E,4P"`@/M`>`?2@]X-+;/-1-<K>WFL-@L,
M](M(B#@83/>*Y69F95^L1LQC(J,8VM=[(2#UPH5-)%$AU%#B!2@(CTX!M%P!
MP#PN1,H8TQ#6U+EEC(=&QA4$7C2.5M60[9`TNN)2#\QB,6*DW9'\;&$>/3D$
M$DA5`Z@@(%`>`8#_`,?FB?\`&GJ;^(O$'_[AP#W6.]K-7<O60E-Q/LA@7)]O
M59.Y).JX\R_CZZ6-2.8`F+Y^2$K=ADI,S)F"I?-5!+P)^(/$(=0X!GS@#@#@
M#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@
M#@#@#@'"3O\`W=S/VFM06EKQ\RAIW97.$S)4#`\1.I>^0T&[8QZ;RV9,G8T#
M$&4BJ*Q>-Q2:&$$W<F\:I*_H15X!4@9RS[FK9G)-AR_GW)MRRWDNU/%7LU;K
MK,NYF4<J*J&4!LV\\XMXR,;B?PH,VJ:+5NF`$23(0`*`&_V.>QIW;\L8_B,H
MT30S/$M2I^,;34%)/86*KKZ8B7B0+LY".KMEF(>R.VKM`P'2.1H(*D,!B=0$
M!X!K5+6O=G1UCG/5:Y)YBP%%YDK*%2S;@R_PDU7(RW0S>7CIJ*D)*GV5FFT4
M?,9:#0682[9('!`3$J2_E'.4P&G'`+US2<`+IGJ04H``!K'@4```Z``!BNJ`
M```>P``.`;.<`<`<`<`<`<`<`HV.XIAC,>`MX]IL:9ZBIJ.R;&9OR/*3;N;3
M7!:S-[%;)6=BKFQ=+A_Q.(MT:_3?M7)#&(LDN`]>O4``E'>BMP;FY]M[L5L1
M&Q\Y%8`K^#7>,+/.K(.D*[;,@V*VU:=KE:8K&(5K)RM?C8-T^<>`3&9IJI@?
MP^\D`P$SCNI=XC6'M'4_&]EV(K^4K5)9@4NC3'-=QE7HJ66E9*CM8%S*MI>4
MFYV#CH%`_P!I&H)JF,J)NIQ`@^#H(%9'OYW?,^]T/N#47/$FYG\/4&.M&/*!
MBW$M6N4X+"JT2.N2+Q,9M^S6C4)RUS[^16=R3LJ"28J*%12*"**?`+5/N.0L
MO9>W%N=`0,1)6"<F]2\TQD3"1#!U+2TQ)/L9SK=G'1T:S27>2#YXX4*1-),A
MU%#F```1'@%([=J'><:V)W4,C4RUT&V1Z;59_6+K7I>K6%DD^;)/&2KN%G&;
M&2;)O&BQ%4C'3*"B9P,7J`@/`)!GI20`>]7KN(@`B6BYU$O4`'H/ZI[,'4/Z
M!Z"(?]/`+<#@#@#@#@%79ZM'NA3^S^XKG1_'=B5+@'465]PM+2.<F!A>L_N8
M\@6J5DP2-Y;U#'35V,(R(;J"#L)`X>U4/"!J7Z=#LRQ?=9V/M5ES3]<,=4->
M$H*6R>2(77C7^1[7.K.%*MBN-F$0!:,;236-<O)9R@8KA!@D":1DU7*2I`)-
M?JN-5,)ZR]J?&4#J_IU@BDTZ-SU0ZU:;S2\35R-M&+:DA`V1W$+Q]HBH]"88
MDM5D9M(UZ\=KK>\E7\I0PJ+@/`(>/I_:1DZ\=X;1)#%4?*/)>LYJB+K9W4<@
MNLE"XXK+1Z]R%*2ZJ(>%K$#51<ME#*"4BAW)$>HF5*40+FK@#@#@#@'E[PDH
MO2[>BDF=95:KV!))),AE%%5%(EV0B::90$QSG,(````B(CTX!1$9AQ!E;$-H
M6CLJXOR#B][-.)21A&&0*78J6ZE8U*27;'?1;6Q1L:J^9)+E\L5$BF3*</#U
MZ\`V1[8)0-W'-%0,`&#_`!98$'H(`(=0R77!`>@_.`AU#_;P"\.X`X!&P]5U
MCJ_Y1[1UMJF-*+<,BVE7/.$GR%;HU8FK;/G:,Y>5,\>)Q$"RD)`S9JF?](H"
M?@(!OI"'7@%3U;Z;;\?6*3I]\JMCI-MA54T)FKVV$DJY88E99!)TDC)0LPV9
MR+%55LN10I54RB8ARF#V"`\`DT^D!`![Q4!U`!Z:X9R$/]@^[UD.H?T#T'@%
MK7P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!
MP!P!P!P!P!P!P"NA];^TLI=@-#WZY7?V/5P[EII&&'S/<`LJ%UKBTZ4@_P#9
M`[-%N(X3?VO`!?FX!![@9EY7)R&L,<#<9"!EHZ98@[;INVHO(MXB^:@Y:J@*
M3EN*Z!?&F8!*<O4!]@\`LB-4?6C:?66H5J(VWP%F+$5^9Q3!G9;!B]I`Y(QW
M(R2")$74E$,5I:M6N'9N52"H#,[5V+<IO`"RO3J(&;=O=Y_3?]\K%<!B+..T
M]9QO<8B9CI#'F0+K7IK#&4*.\4=$%[%1%VO54^S`PL^B<R#V/7>*M53&*J!0
M6334*!CVG^CQ[5N1:ZPMN/\`9G/EWJLNCYT59Z??L9V6`D4A`!!9A+P]9>QS
ML@>(/:10P<`[)]PSN;:Z=C#6_5]CE:CY>R93)-M%8(I'V!1JKZP((XPH4:DV
MD[(>PSM99F,\BX],#&0$PF7$P^`I>`<=_P"=8[>/\-VW'_VC%'[RN`;Z77U/
M/;?QWIAB';NXOL@1TSG9E<7V,M9V;&N36>9)E3KA8:2[F)^*BK"ZK-/K3Z7K
MBHMG\E(H).$S!Y(*G*<A0.(\UZX>%)9C%KG;VE'%-*Z*4B\UL`T:699D!^AU
M3-6.,'L4V=&3]H)@LJ0!]GC$/;P#O9I]ZDSMD[3:UY(V&M.54=;7>%H]B^RQ
MBO,3MBA>(DLJN+.&6H[:%4>GRFRG)'HU:_4Z*CSW@0(NV0$Q/$!QISYZVS`5
M;L[^'UOTUR-E*N,GJJ#:Z9-R%#8O"9:IF\)'K"K1%>O<@U17Z>(@.G**H`/T
MDRC[.`=%.U1ZHS4WN.Y?KVMU[QM9M7<\7,QFF/HRRV:+N6/<AS2:2BYJS`7-
MK'5]Y'6ETDD8S1D^CTB/!+Y:*YUA(D8#MUOQNCC[M[ZI92VXRE6[=;J-BA&M
M+3=?HJ,4O:'X6>VP=/9!&I3<E$1AA0?SR2BOFN$P!(AA#J/0!`AS[)>IB[#^
MX3J$D-H.V?E#.,K7">3!S>0<78.FYZ,:B?S!8M9Y3(1)@D<*G4PMO/%`3"(^
M#J(]0.U/9@[W.A.^E^EM.-+=8L@:XPF*L6R.2&4"_IN,Z9CYI!1]AK]==,8F
M+H-DDP3EG#VPHJF,=N4%0*<QSB;Y0(BOJFN[+@SN`Y&QIKMBV@Y/J=NTJS-L
M;0LB3%Y;5IO`621^M:O3P<U`86=EGZK,)"B.E/$[2;'%%5+H7KX@`"*C09]K
M5+U2[0^27795NVUR?>(-0(+E9K#S#.1<)-P4,1,5U$FX@3Q&`OB$.H@'`+E/
MM*=X3`?=RIN7+-@C'F5<?Q^#YNH5:P(Y2:U=LYE'=HB)&19+Q'V8L,^DHW;I
MQ*A516%$WB$H@7H/L`KK?58&,;O9[,>(PFZ4_`10ZB(]"EPG1P*4.OR`4/D#
MYN`:S=A/<?!.A/<FQ;L[L?/3->Q51:/EUM+/*]79"TS3F2L./9R$@HR.AHTO
MG+N9*5>)I`8YDT4_%XCG*4!'@$LO,WK=,"0LJ\88#TFRC?XQ!P=-M8LF9)K>
M.0>HE,(`X2@*_!9`<I$4#VE!1T0X![!*`\`^]K1ZUO72]7F#JVSFIM[P=6)F
M2;L'62:/?6.5(BM).3@F$G/UE>KU">-%-C&\2YV)GK@A.HD04$.G`)/>\/<:
MP9HUI=);UVMI8\K86;-\=OXE7$_U)+R5GA\G2L1&5>;@59B6AHEU%N232#@5
M#."?H!Z@`C[.`1N[MZU/14U,MQ:%KOM&%Z-69TM,&P0^,6\"%K-%NBUXTVNT
MR(]=(Q)9841<F2154*B!A*0P]`$"MON=NL.0+?:KY;I-Q-6NZV.;MEFF'AS*
MNY6?L4FYEYB1<J&$3'7>R#Q10XC\IC#P"<SZ83O(:8ZJXPP9VYSXGS5);'[.
M;)/`M.18F%I)<?!9;])QU5I8.Y!S;V]E6AH"L1#(JQ@8&4(L=84R&*("('9+
MN)^IK[>FLV=]@]#MD-7\WYB+1'Z="R1'$J>*[-C6Y-9:"B9U1K]5VVYM#R<8
M9M*I%,5RT+T5((@'L`>`<O=7_4I]AG2M[:I753MI9=P=,74"DL\S1J#A]C.2
M[5-;WA*+6FG.37<HC"I..AR,4EDV9#@!@2`0`0`G:8TO4;E#'&/\EPS5ZQA\
MB4FJ7J*921422+.-ML$PGV+5^1NJN@5ZW:R!"*@0YR`<!Z&$.@\`YA=Q_O=:
M`]L`A8+8')SB?RZ\CR243@G%K)O<,H.&CA-0[)[-1X/6,138Q[X/T2\P\9>>
M4?$B54`'@$9>]>N%JB,PHEC/M^V&0KY%!!%[>LZQL-,.4@-]$ZD7`8\G63)0
MQ?E(#QP!1_M#P#8[6[UJ6G=^L,57]E-9LO8`9/U4T'-XJE@ALQ5>*.H8I?>9
M2-:Q=/MB+%,3=3&:,WZH%`1`@CT`0)>^$LY8AV1QA5,SX(R'5\IXMO$>63J]
MUJ$DE)PTHV$PD5("A/"NS?,UBF2<M7!$G+98IDU4R'*8H`5YWK=A'_%MI0'4
M>@:Z740#Y@$<EN>H]/Z1Z!_U<`B\]K__`%'=%?\`-C@7^\JN\`N_Y24C82-D
M)F9D&,1#Q#%W)RLK)NT&$;&1K!!1T^D)!\Z42:LF+)JD91550Q4TTRB8P@`"
M/`(AV[?K%=']?+Q/8YUGQ3=]NY6NNW4;(7Z+L,=C?$B\BT6,BL6MV&1B[%8+
M6Q(<@@#M",19K!])%94G0Q@,(ZO>M6UEOUTCJOM-JU?\!5Z4>IM0R/1KBTR[
M!P9%1`I'=CK@UNH65)@B8>JJC`D@L4OM!`W`(?'?PROCC.7=GVZRYB&\5W)&
M-+_8,?6&FW:J22,M`S\*[Q%02H.F#U$1`?*.F9)1,P%5063,FH4IR&*`'0KT
M@'^L3`_Y;\Y?]Q6.`6M7`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'
M`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`./'>N[3-*[N.IQL/NIYG1,S8YFG%\
MP'DEZV6=1U>MZD>:/DZ]9D&I3/%Z7=(\"-I`$0,L@JBV=$(H=L5)0"J=W*[4
MG<`T*L<I"[):SY'J\)'.G*#7)4#!O;CB:<;MU?+)(1&1*V@_K@MG1>AR).56
MSLI1Z*(D,!B@!SP$!`1`0$!`>@@/L$!#Y0$/Z>`.`=->V5W7-K>USFNO9'P=
M>9E[CI::8*Y3P5,2KQ?&N4*T"Y2RT?(P:JBC*)L1V)C^XS+5--\R7\)@,=+S
M$5`+`KOL::73OF=NC4G/^H][QW"4"IP%DVK=.LD/YN/<2%)G<2_62<''%@82
M<*-GCUFRK5RBMY*2;A,P>9T`>`58'`.Z_:+["NT'>`JV4,B8QR1C3$N-,3S;
M"DN;9DDUCDE)VX/(U*;&NU^%KD>^=>1%Q3U%=TX6.BDG[RF5,%3B<"`<Q-R]
M3LH:-;.9?U3S(,*KD3#=F^SLV^K;Q9_7IA!U',9N%G81VZ;,G2D9-P4HV=)`
MLBDLF57P*$*<I@`#)/;GT'RYW+=KJ%J9A>5K%=M5R96&<D+7<G#Q"M52K5.*
M7F)^=DRQK9Y)//(;HE20;MTC*+N5DR?1`1.4#<7N_P#8^V*[/4EB)QEB_P"/
M,LT/-1+*UJ-XQ\2;CB-K#4"Q2\[79Z!L#5!\P=D93;9=NLF==!PF8X>(ITS%
MX!RHP;;)NA9KQ!>*T^<1EBI^3Z%9X*1:JG1<,I:"M,5)Q[I%5,2G(HBZ;%,`
M@/S<`N8N[?I[DWN(=MO-NK&*)RH5O(N88;'!X:8O#F3959FI`WZG7.2^L7$/
M'2T@B"L?"K$2\MNI^E,4!`"]1`"G+VLUTN&HNQ^:-9,@2D!-W;!V0)['5GEJ
MLX>.J[(3%><BU=NH9R_9Q[U9@HH'4AE4$CB'RE#@$HST67^I)GG_`"B6G^]'
M%W`-#?4(=J#/F@>Q]HV*RU<L86.H[I;#[&WK&T71I&P.YZ"B2V]O<`0MK:7@
M8IHU>?5MZ:)__#+.2"LFJ'7P@41`X`5B`=6JRUZKL54$7UDG(F`9K.C'*V2=
M3#]O'-U7!DR*'*@FLX`3B4IA`H#T`>`6ROISNT#L-VDL;[+U;/\`=<5W-YFN
MX8[L]77Q?)V*3;LF58@)Z/?IRY[!7H`R2ZJTLF*0)%5*)2F$1#V<`@]^JO\`
M];/9G_E#`?\`<G2.`<D-#M+<K]PC:O$^I>&%89A=LIRSUN6>LBSA"NU6OP<4
M]L%GM,V=FBY>'80<%&KK>4@F=9PH!$DP\9PX!VQ[O'IG<U=JW6F*VE3V'IN?
ML?M+97:9D)E&4>5H,[3Y"U&6:P<NR;O;#9FT_`.)9(K14_FM7"*BZ1O*.0QQ
M3`C(<`L],<:<9U[E7I3M6M8\,RE4'*EPQSC(8-]D.<>PE>3A<;9J?.Q:NY5G
M&3+I$6E=@BH-B@@8!\!2^P/;P"$5W-NRCMEVGJOBJS;/VC"#W]<<]8H*FP6-
M;Q+V>?5^RL>PD)R6?,9&JP!&T.S^MFJ(K%4.(K."%\/M$0`Y05.KSEWM-:I=
M98JREDM]@AJO7XU$.JTC.3\BVB8EBD'0>JKM^[33+_M-P";CVX_2N]R_5C>S
M4C9')DWK:I0<+YRQ]D>YM:]DVP2EA^H:W,-Y&31BF"M$9M7TD"*8E3(+A,AS
M_P!L`]O`-.O5']K?8_!FUF=NXQ=)/&RV!MDL\0-7Q]'0MCDG=^;OSXU:G*>P
M0*\&U8L6_2FO.ITGB_3JG[/I>P")GP"XUW-WQ-VW^R'7-H8E-FZO\'J[@:FX
MBCWZ(.&3S*M]H=5KM06>-C?1=,8%PZ4E7*0^Q5LP4)_:X!4`9(R1?,P7ZWY2
MRA;)R]9#OT_)6BXV^R/UI.<L,_+.#NG\E(O5S&45665/[`#H1,@`0@%(4I0`
MG#=H7TE^&MH=0\8[2;JY<RO!S>=JLUO=`Q;B5Q7JZG4Z+.)^\525MD_88"R.
M9:P3\8*;[W5!!L@S;KIIG,JKX_`!'B[Y?:=4[1FWD?A:`O,IDG$N2:&QR?B6
MVV!DR86<()>5DZ_,5NT)1O@C7$U7IN)4*+ENF@DY;+(J>4F8QB`!UZ]'IW`K
MCA_=*<T4LM@<NL/;/U^PV"H03]X<S&L9HH4$YL"<E"(*`8C12XTV*>-'I2"4
M'"K1H(@)DPX!E?UNW_\`K?2C_+G=/[S'7`(O7:__`-1W17_-C@7^\JN\`L$/
M6);P6[7O1W&.K^/)YQ`SVW]SG8R]NXYTHUD5<.XX91<E9H(JB)BJ$96NQ3T4
MU=!U`%V2:Z)NI%#E$"L$X!(TUQ]+1W7]E->H;8:OT7&5`B[A7FUKH./LJ7XU
M3R3<*^_;@]BI).$)"R,=6B3K$Y%F1)=XP5435(90B)#`80.".7<19+P)DV[8
M:S'3)S'F4,<6!]5[M2[&U]TF:_.1Q_`Y9NTRF424*8HE4262.H@X1.15(YTS
ME,($DCT@'^L3`_Y;\Y?]Q6.`6M7`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`
M'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`..7>I[LR/:`UWQKGM?""V=
MBY"S$QQ.%:1O2=!&)%[3K;;/KPTHI6+7[V5/[+>1Y`($$17\7C`"]!`C/D]<
M%6WRB3.;[<K]6&=+(H2Q";$,'Z@QJJI"/O*8N\/-VKU8&HF$B2JB::A@`ICE
M`1,`$GC&6O/9S[J>$*GL+4-:=2L]4/(,4WD@GRXHH+>XPLFZ1!20KMQ6AXYG
M9JS<X1R8R+QJY63<H+$$2B)!*<P$5;U+/88[>6F^G[S<C5AB&NMX@\B5"LO,
M2GM\[8*9E%G;GPQCEA38BURTO+P5GKY3#)F*S7,R-'MG`'0((%4`"!+P"W&[
M,"$^EZ;_``XG/E<>]*:F[%*QQ5P,*@P3B6RVK`^6!OI>2>+.D*?S"00Z>SIP
M"HYX!9D>BB`WP_MG#"`^$=LG8`/0?"(ABG'OB`!^01`!#K_7P"(MZF+_`%L]
MVO\`Z_B[^Y/''`-GO2'`(]Y.DB`"(!@#.PCT#Y`^H8P.H_T!U$`_Z>`=UO7"
M?_PWM_\`_JOG+_\`$*!P"O:Q_P#^?*3_`,W5O_QEEP"^RKQ1+`093`)3%AXP
MIBF`0$H@R0`0$!]H"`\`I;N]^42]W7N'E,`E$-ILH=0$!`0_XR?Y0'V\`[?^
MBQ*8>Y'GL0*(@74.T"80`1`H#E/%I0$PA[``3"`?UCP#HSZXK_R/V[O^:]C/
M_",0\`@-8D=-F.5L9/7BZ+5FTR%2W3ITX4*D@V;-[)&JKKKJG$")HHI$$QC"
M(`!0$1X!?/0#]A)0\6[CGS.0:K1K!=%TQ<HNVRR"[5)5!9%=N=1)5%9(P&(8
MHB4Q1Z@(AP"I.]5@4Q>]GLP!BF*(T[`1@`P"'4IL)4<Q3!U^4I@'J`_.'`/V
M>E&*8W>KUZ`I3&Z4+.YA`H"/0I<468QC#T^0I0#J(_-P";?ZLK_1;S?_`.J&
M!_[R(C@%2KP"Y6].^42]EW03J`AUQ'*&#J`AU`<A7/H(=?E`>`0@/6,[,HY=
M[F%2P3$27OD)J[A.N5Z1;)+%4;-;YDQ<]_L0`0@B!71:X[@TE>OT@,EX>@>'
MV@<]O3@ZP*;2=WS52$=QJ$E5,16"2V"NA':)UFB<5B9B><@P7*4!(/O=Z4B$
M"@;H415^?Y.`7%7`(=GK3RB/;BP";H/A#;6N@)N@]`$V,<D"4!'Y`$?"/3^K
M@%8UP"RY]2]!6"3]/)J5(Q9%SQ5:G=.9*T$3\?A1CW>&I>#8N710#P^2G-RC
M9+J;Y%%B_./`*T;@$J'5_P!/GWNMC]=L+YWPAL+2&^(LJX[K5SQVR5VOR7!K
MQM5EV":T7&.82-K[J/AG4<A^A5:(J'(V4(*?7J40`#VUQ])CWN<B/&;S(&0,
M"7J0CFIFL>[N.R-ULSQBR.J98[9FO-4=\LV:G7,)A(02D$XB/3KP#='M7>F)
M[H6F/<,U/V?R:YUV)CO#N5&%GNPU3+,M+V$U9/%RD5+)Q46M1HY)^Z5:2)B@
MD9=,#`/RAP#Q'K=@'_%MI0/0>@ZZ74`'YA$,EN>H=?Z0ZA_U\`B]=KTIC=Q[
M10I0$QC;98%`"E`1$1')5=Z``![1$>`2Y/7"UBP%O7;]N8MUS596IYUK";L`
M,+9*P-YC'LJJW.;_`'"+KQSDABA\IBIF_P#9'@$%*G3#&NVZJV"3C4YF-@K'
M!S$A$*@04I5C&2;5Z[C5`4`4Q3?-T#)#XO9T-[>`7A6L^]FHVRNN--V-Q-F[
M&"N)I2GQLV_?O;C6X,,?E3CTCR5=O+1](-?L;,5E0AV[ML\!'R3)"(=4Q*<P
M%41ZAS;+!FY_=8V#S+KJ_8V'&2#.B8]87B,2(G&9#E\>U..K4Y<HM4I2F?1#
MZ0:&;LG1@ZNFC5)4OT#EX!NSZ0`!'O$P0@`B!=;LXB80#KT#R:N7J/\`0'40
M#^L>`6M/`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'
M`'`'`'`'`'`'`'`'`'`(;WK6BC\.G6TW0?"&XL`43=!\(&-AS+@E*(_(`F`@
M]`^?H/`*US'&/K=EG(%)Q=0(D\_><BVJ!I-.@DEV[9::M%GDVT-!1**[M5!J
MDM(R;Q)$AE#D(!CAU$`]O`,RQ=YV]T=R7;J7!7//>K.5:W+.8*\5F$LEWQ3:
M&,K%K*-5V%BC(Y[#N%SME2&`H+D.00Z&((@(#P#QF8-C-@-A)!E*9WS;E?,;
M^-\P(QSDV_VF[GC`6``6"-+8I20)'@L!0\?D@3Q=/;UX!NQVO^U!M)W2<Z5S
M&N&J9.Q>,F\S'_K;SQ)PSTF.L7U85O,DWKR:53282UH59)*!&P[=4SQZX\(>
M$B(*K)@3-?5:&M>A7;N[=F"=5<B9%PW0J9:9K"H-J#<9ZI+V.BUG#[2%;15J
M5KSV.+.)2"**BSE-<#IJK+*'$O4P\`KC.`2"/33YLS-6>[3IAAVL95R-`XGO
M&4KE)73&<)<;#&T2V/6V&[XHF]L=39/TH.9<(?5C<04<(*&+[N0>OT"]`/+^
MID*8O>TW:`P"4?K[%IN@@(#X382QP8H]!^8Q1`0_I`>`<8,9Y9RCA:T)W?#^
M1;OBVY(L7L6C:\?6F:I]C2C9),J4@P3FH!ZPD2-'R10*JF"@$4```P#P"<KZ
MM>1DYGMT]FR8F7SZ5EY2LR$C+2DDX6>2,C)OL&8>=/GT@\<&.X=/GCI0ZBJB
MAA.HH83&$1$>`0+D%UFRR+ENJH@X;JIKH+HG,FJBLD<%$E4E""!TU$SE`2F`
M0$!#J'`)P^G^TNT$WZ5SN*YFEM@\WRF5JALO6X:JY0?9,NCN]5F&^T6N3=6)
M@K>M+GG(F,,E,+IF11<$3\+HY>G100$"$K;K?:[_`&:<NEYLL[<;A9I%Q+V.
MTV>5?3M@G95V;QNI*7F))=R_D7S@_M.JJH<YA^4>`>SQ#FS,>"[(O9L*Y5R)
MB.QRC'ZCD9_&UQGZ5,OH9=VU=K1;N2KK^/=N(]1TT25,B<YDQ43*80ZE#@%@
M[ZOO6[,>7M#M%M@:95['=:[@9_,H9?=Q;%Y,/ZS&92HU%+&7*>*B59VC"DG:
MB+1V[4`2).'R'F&#Q]>`5QO`)OGIU\A9&C^S?WS[1%WFZL['2,2JO:9/L[)-
MI2]1>1>$,F/&+NM2!'GO,$Y8*-B*)G;&2,F*91`0\(=`(7F1LG9'S!;']]RQ
M?;CDN[RJ+)O)V^^627MEED$(UHC'QZ+V;G';Z2<I,6+=-%(IU!!-(A2EZ``!
MP#^<<90R1AZULKWB>_7'&EVC4'C:/MU#LDO4[*Q;R+91F_0:3<&[8R+=)ZT5
M,DJ4B@`HF82CU`>`6._=XL5FN/I-L$VNX3DW:;38<6:13=BLEBD'DO.S<G(R
ME1<.Y:8E'ZB[U^]?+K>-194YCJ&-U$1$>`5IW`)G?H^MDLM&W-RW1,@YIR._
MP/BG3K(5ICZ#/W>QR..*2RA+S1GKN7BJH\D%H&%%BU=NC>8@@F)064]OTQZ@
M1<]ZMCI/;O<C9C9>55.HIF;,U[NT<53KXFE<D)QTG5([H(CX2Q=80:-R@'0`
M!(```#H'`)N/HF-3%F%7VYW;GHQ4@6&2KFNF.7SAIX4U&4&1M?,DN&#DY?IE
M5?2$"@82#[#-SE'Y>`3V.`5`WJ1\XYJLW==W1PY9\LY)G\34W+T%(T_&4W=+
M%)4.K.S8UJGA=UZI/'ZL'$+B217Z'00(;HN?V]#CU`X`<`GM>F?QS:.ZCH'W
M4-1=K<M9/R/0K7&X(H%.?W2V3EW4Q0Y2@L@OZG-49I97[YK#*5F>KT:\2;("
MBDL#`B9NA`]@$3+N'=K_`&Y[9^89[%NQF-IQG`HR;M*B9AAXJ1=XJRA!$6,#
M"=J=I!`S`%W+<2F<1KA1.18*B*:Z11`#&`VKT*]0?W+NW5B)'`V#,ET^QXAC
M'3]Y5:1EVD-KVQI"LHX7>R"-0D2OX>=B8QU(.5'`L1=*LBKJ'.1$ICG$P&L>
M>^Z_W&-HM@UMBKQM)F)GEIXV90<&IBVTSN-HFO0K1RNXCJS4ZO0W<1'1\6D[
M=J'\HJ2BKA50QUCJJ&$P@3Z_3O5+O6VW%&1-C.X?L1FO]1DGC.<C<%X.S/$1
M3G)UND7<7[PVRC,3,W!)Y(J]<BVB($B6Z[LBTHHN+@2`W32,N!6S9VSOF[.U
ML&3S;E[)>7I*MK2T17Y')=WL=V>PL6M*+NEHZ*<V*1D%8]DJY'S#))"1,3^W
MIUX!BFO6&>J4[#VBK34K7++7I)G,P,_!OW47,PLM'+D=,).+DF2J+Q@_9.4B
MJ)+)'*HF<H&*("'`+!+6+0_*W>Q],S2X:S9#LN1-L<>YMS7E#!U\RI:9:RS$
MY9*Q:IN'6Q[*VFP/7CYM#7"M.%HY%110R+1X5JH?HFD;@$!/*&+,D83OUIQ9
MEVC6C&V1J3+NX*UTJY0SV`L4%*L5CH.6C^-D$47"8@<@B0X`*:I!`Y#&((&$
M#QS1214ZQK`[U3ZQ411%@T,N;WY83@#=(6J(C[TH*A@`A?"8?$/L]O`,KYNU
M\S/K?9*]3<Z8\L>,+?9Z)5LE1E5MK(T78BTV[-57]6E9*'6$'\.>8CTO/3;N
MB(N2I'*)TR^(`X!Y[&.6\IX4LY;MA[(]YQ9<2Q[V)+:L>6J;IUB+%R()E?QQ
M9FOO6$@5D]!(OFI`IX#^$.H#T#@%YGJ5)R<UJKK-,S4@^EIF6U\PQ)RTK)N5
MGLE)R;_'%;=/Y"0>.3J.';YXZ5.HJJH8QU%#"8PB(CP#8+@#@#@#@#@#@#@#
M@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@')[*O
M8^[9.<U')LS:_6K*C=U/O+2,7?\`9C:ZUP36POS.Q<RT97IK.+R"AW8D?+)D
M%HW1!)%4R9`*F/AX!B6,].'V5X6183$-HY6H>8BGC:1BI:)R[L/&RD7(LEB.
M64A&R+++J#Q@_9N4RJ(K)'(HDH4#%,`@`\`^[>_3V]H3*,PK8\EZDJ9"LJR"
M+56S7G/^S]OLBC9N7PMVYYVQYIDY4Z"!1Z$(*HE('R`'`,?M/3-=D1JH=3_`
MY7W/B-X@([R[L`JF3_W2$#*Q`\/]?7@&>Z=V/^VACJ"1J^.\'9!Q_6&ZRCA"
MM47;'<2G5Y%PL/59PE"5S/L;&)KK#[3G!(#&^<1X!\F_=B#M9979Q\=E77.T
MY1CXARJ\B6&2=G=MKXQBGBZ0(+O(QI:\[2[>/=+H@!#J(E(<Q`\(B(>S@&+_
M`.6P[(O\!=*_:AG[][/`/OU?T[?9NH\]&VND:9QU+M4,J=Q#V>HYMV3K-CB%
MU4%6RJ\5.P>9&,K'+*-ESIF.BL0QDSF*(^$P@(']K5Z=[LY7R?D+7>M-F-WM
M4L=)26M%RSALK:;)*J(()-4%).>GLROY5^=!J@1(@K+'$B9"E#H4H``'GOY;
M#LB_P%TK]J&?OWL\`R'<>P=VH,BQ<#!9$UBF<@0=42%"JPEZV1VMN$/6$1;-
MV8HUR+L6<9)C!(BS:(H^%HFB7RDB$Z>$A0`#'G\MAV1?X"Z5^U#/W[V>`>V8
M^G\[1\72Y;&L7JBZC,;S[U.2GL=QVPFT;&A3LDD=JHE(S5,:YL2K<J_248(&
M*LX:J*E,@F(&`2$Z`>)_EL.R+_`72OVH9^_>SP!_+8=D7^`NE?M0S]^]G@&?
MW/9B[>3V+7@GN+\O/8-TP-%NH1YN3NJZAG,6='W<\8YBG&PRC!>..W#RQ0.F
M*0D^CX>GLX!@(_ILNR.<QCGT-I9SF$3&,;*.?A,81^41$<L]1$>`>XK78![2
ME+@;)5:9JL_I]6N;<6EQK%4V(VFK=<M[04%6HM;5!0N;F,58VPM7"B7EO4ER
M>6H8O3PF$!`\+_+8=D7^`NE?M0S]^]G@#^6P[(O\!=*_:AG[][/`,HS'8B[6
MEAI33&M@UTM4_C=@C'MF&.YS9_;>7H+%M$"4T0V94R1SLYK35O$F3*+4B;4I
M6XE#RP+T#@&+OY;#LB_P%TK]J&?OWL\`X]=];MY]IWM3=N+-69=>];6^&MA<
MKHQF`\0SM*SCL%#3#F8O;LB]C4=,/UMG962$A:9$2#U=B];NF"RJ*)5TC@8`
M$"M8334643223.JJJ<J:2293'444.8"D33(4!,<YS"```!U$>`6W_:Z[$FJ>
M(-!]9JQFRB91-FJ5QM"WC+JE:V;VDQG'_;^](%LTPQ4J.-<QTVIL7E?1D$8M
M0Z+!)17W$!4,<_4P@;]_!WT'^X><?QL[P_F,X!@^S>G9[-MVGI*U773&-N5I
MF5RN9BS6W-FR5EL<NY*DF@5Q*SLWF-]*R+@J"1"`=94Y@(0I>O0`#@'P?Y;#
MLB_P%TK]J&?OWL\`R50.PQVJL3)R:.*-:[%BU&;.U4FDL:[,;8T)*949%6*R
M4EDZGG2())'9E<J`B*X'%(%#>'IXAZ@?=N/9`[:&1(-6L9#P=D'(%975(NM7
M+UMCN'<:^JNG[4UU(6QY]DXPZR?]DXI"8/F'@&!'OIG.R(\`>FC5>:"(@/5E
MES8!$0Z?,`#E8Y0`?ZN`?<@/3?\`9:J[]C+0&DT+%3,8X2>1LVPS+L4QF8]X
M@8#HO&$FSR\W>,G21P\15$CD.4?:`AP#81;LZZ"N"*)KT'-ZZ:R9DEDUMU]W
MU4U4CD%,Z2A#[&&*HF=,?")1`0$OL^3@&NAO39=D8QA,;0VEF,81,8QLHY_,
M8QA'J)C&'+(B)A'Y1'@'\?RV'9%_@+I7[4,_?O9X!F2F=CSMFXX@D*MCG!F0
M,>U=LNY=-JS1-L-PZ=76SIZH*SQRW@ZWGV,BT7#Q8?&J<J0'4/[3"(^W@'@[
M]Z>KM!Y4EU;%DK4M;(%F6;H-%+1=M@-G[=93M6Q!(V;'GK'FF3E%&[8@]$TS
M*B0@>P`#@'E:]Z;/LK5=ZSE(;2B(:2\<Z1?1TNEF78=O*QSULJ59L\CW[3+;
M9PR=ME2`9-5(Q3D,`"`@/MX!ZZZ^GN[0.2IY:U9(U$+D2TN$&S5Q9K[GK9RY
MV)PU9I^4S:KSEDS1)RBK9HE]!),RHD3+["@`<`\G_+8=D7^`NE?M0S]^]G@&
MPC'LT]OF+8LHR,QMF6-C(UHV81T;';H;M,8^/8,T2-V;%@R:[$I-6;)HW3*F
MDDF4J:9"@4H```'`/U?!WT'^X><?QL[P_F,X`^#OH/\`</./XV=X?S&<`?!W
MT'^X><?QL[P_F,X`^#OH/]P\X_C9WA_,9P!\'?0?[AYQ_&SO#^8S@#X.^@_W
M#SC^-G>'\QG`'P=]!_N'G'\;.\/YC.`/@[Z#_</./XV=X?S&<`?!WT'^X><?
MQL[P_F,X`^#OH/\`</./XV=X?S&<`?!WT'^X><?QL[P_F,X`^#OH/]P\X_C9
MWA_,9P!\'?0?[AYQ_&SO#^8S@#X.^@_W#SC^-G>'\QG`'P=]!_N'G'\;.\/Y
MC.`/@[Z#_</./XV=X?S&<`?!WT'^X><?QL[P_F,X`^#OH/\`</./XV=X?S&<
M`?!WT'^X><?QL[P_F,X`^#OH/]P\X_C9WA_,9P!\'?0?[AYQ_&SO#^8S@#X.
M^@_W#SC^-G>'\QG`'P=]!_N'G'\;.\/YC.`/@[Z#_</./XV=X?S&<`?!WT'^
MX><?QL[P_F,X`^#OH/\`</./XV=X?S&<`?!WT'^X><?QL[P_F,X`^#OH/]P\
MX_C9WA_,9P!\'?0?[AYQ_&SO#^8S@#X.^@_W#SC^-G>'\QG`'P=]!_N'G'\;
M.\/YC.`/@[Z#_</./XV=X?S&<`?!WT'^X><?QL[P_F,X`^#OH/\`</./XVMX
M?S&<`W^_5G4/U8?J=]UF/L%]A/U;>X_:RV_7WV1^H/LQ[K]N?KS[=?6_U/\`
M0^M?K+ZV\[]/[S[Q^EX![W@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#
M@#@$>;<WU-O;0T?SSE_6O)SW-5IRQAAVSB+)'XYQZPGZ^[L;N#83:U=861]:
M(AF62BOK$C5[YQ4DV[LIT_$(D-T`KT.]EWG<I]W[.L#97M?>8NU[Q0A)QN%,
M/*RI)1U&C+G;C.W:Y/FR:#&3O%D(S034%$GN[%J@FW1$_159<#9WTSO:DG.X
M-NW6\P9!K#E;5;52?A,@Y%E'[18(6[Y!C5BRN/<5-%S%*W?JOI5LG(RZ13&\
MJ);&(H!1=(^("VKX`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X
M`X!\*T.W#"M6)\T4%%VR@I9VU6`I3"DX;,'"R*@%.4Q#"10@#T$!`>GM#GPM
M/='6D>Q='M8Y4_U1%T,I@Z\-O-TZMANZO+:B8Y/E-6ND:CDU31?E%5/A=2*K
MI=L]GG9;&6/;+DCO9P&$\MW>TOZVG@R2PU@:6LB;PMJ7KU;:I*O`@7SAS;$B
MH+-R@U+_`/,E*43?+RK?#>39WDF,KV<CS2.EEIY59^,M>JY^N]6,3YVJJR?"
MI]OZI]3O/[*]']4]*<WR^$X7ZR6^3=?8NA'97-QYC.Q5E8M5MBRY49YV-;55
M7LD7RK_[;E5&_0Z$3^5]O]V]SMAM<-=]@4M6,(:C(5"OW_(D%CZM7S(F2<F6
MA@]=#&LD[0<(^!@8MQ&O$C^[F(<!9^(_G>\D*VG]C*\NYKS+(<<X]D$Q>$Q*
M1LEE;$R66:9Z*NB;_AK6JCD^-%^WYUW)MJ'B>`^N_K'ZV</[F[AXB[G?9_83
M[=BACY\A9HX_'8VK(QOD>M9/)//*V2%R>1'-_K:-\?@<LV-&FXFW&%XKN.ZF
M9LR5$7[.FL6KUEV"P7L9`5&#K,E:JB>K)*L7EGIJ;5S64K!69F88``%04254
M!P17SBID55QK.7\LPT7(N*9JRR?.8S&/M5K;8VL5\>SX5\>BLWL<YOZ*BKN1
M=R(BK-;'KGZ]]E7^F?8#K+"V,3U9SCG-;`9SCT]N>S'5MI:5'LK7%<VRM>S#
M#/\`5[7-;X7,\3GNC9H:_P!YMFZ+JI0=F*SW<L?9;SI*1N/I9YIB_P`08:E[
M#*35JEHMA,4!<*>8;DD_A47YU%E!9,5#$0.0JB*ITS<@LG-^2T>+0<EK<MKV
M\XYL3EQRUZ[GN<]S4=$OC_J:MUU5=K5^%35JJBEK:GJWTARGOK+=)YOU[R_'
MNK()[\3.8QY?,15XH:L4LD-]OY:?AK',L:-8WS3-19&N5DL;7M)1%UNEN;:T
M6W(AV"U*OC?!<]=#Q:A4G+BI6Y*@.IPS`Y':2J#A:!F2^6(*D,0YDOI%$!$.
M6<NW;;>-RY!6K#>2BZ3;]5CD\2NT^?A5:[X^4_0X8<9XUQZ;NS'\.;*W)\4?
MRF"FDJ*K6VZBWVP>1%8J.:V>'[M6N141_P`*BZ*1D,X]P#?ACHOVVLE8PS1)
M)9=S/!;7V7*$Q]D:&\5O+/"TPK,QR#F.7JB\>S&.JT2Z2*5BBU%83?3$3=#!
M6G-\^YXS@_',EC+KDRUQEY\SO'$OE2N[<B*BL5$T8UR?:C=?U.WO5WJ1ZG6O
M:7NGA7..-0.Z]XU:XK6QD/Y=YB47YF%(9'-D;:;(_P`EJ6)ZK.^5&:?:B)\+
MF;N!]R[8S]9FIQ]5<B+4?'$]B+`>7LPJ1\+5)I.2+L=<(UC3ZPZ<6&"FG#)T
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M/:5TU7"9M(;[5@6=:^C*$K&_;`BIHU^N[55_#J9OAM'G#N;94J,KDAROJ[-0
M6RLCAJD$@JFFR-#X?LJ-$AK*E+MX%.PN"NY:(=+@"KY8AE#J`(>$"E+\^*<Z
MY/F^R[526RJ\8?'<6O'MCTVUW^)K]R-WKJYKE^7+\JIZO8#U4Z+ZO](L#R&A
MA6-[SK6N.1YBZL]M7^;+UEO35EB=.M=NR*:)B[86*C6L5%U5575+5[='+69<
M/1%]S7WOXO77($A+V-E(XKE\`X?GW\,QBIATPBGRDFI'PYU@F6*)')"@@'@*
MH!>IA`>1;C',LMF,0R_FN;-QU]SWHL#JM=RM1KE1JZZ-_<B:_3]3??>?K5U_
MUOV+8XIUEZP3\QXC#7KOCRD6>R\$<SY86OE8D:23(GA>JQJN_P"5:JZ)J=!L
MXW/<:_=P3!NG>'MUIW$U8E-(Z]EFP9#B<28UN1KS<H>Q6:$D[8:!GF9"Q9KD
MW:-W!D6[TK9J!?"FF/41&?YNYS"_S^CQ#$9I]2L["LG?*V"&3RR->]KI-KD^
MWR(B+HCM&_HA43J[C7KEQ+U&Y3[&=B]9U>09R#LZQBJ^/ERV2I_@TYJ]::*H
MD\#U67\-SY(T?)"LDNNKWIHB'E%=Q-Q,'1?<<U2S7E6#R+F_6W5F8V(P;L97
M*5`5*2G*RK`L2%/9*6FS<U@DS7IJ<8@F`-U2&4*X*J9<@)''RKR_E^$BY%Q7
M-6F6,WC<6ZW6MLC;&KF;4_?'HK-S'.;I\*FN[57)HIGX_7/US[1O=-=^=98&
MUANL.:<[AX_F^/6+L]N."RD[U5*]Q7MLK#8A@GW?U&.1JPJQL3O(U,NY9W9S
M'0>TWKEE2#LYIG;39VF8.QOC2;5C8,7TME_*S2/,_L*<(2,&$%>/BTWSM,@,
MA:%=@B0R?A.!1RV5YIF*'5..RD$N_E>3AK0PNT;JZQ.B:OV[=NJ-W.1-NW=H
MFFBFO.`>LG7'+/?[F7`\I12MZ_<'R6;R.2A22?9%B,4^1(ZZS++Y]LDJP1.<
MLR2K$LCD?N;JF1M`LX[`[1ZKYTPCD[*:E!W0P!?LAX$R)DZ/K-<F7\)96DB^
M4I^1VE3,TB:S+-#L_,:H`**#9\>+45\(`?KS(\"S>?Y/Q>]A<G:_'YE0L2U9
M9D8QRM>BKXYDCT:QR::M3X1';%7]2&^VO5W4?1??'%NSN$8),MZU\MQ./SN/
MQDEFQ"R:L^-B6\<^WOELQ/1^V5Z[WR0)98S55::7X[A.Y!>=ZM@--E>YO<HY
MG@_&=`R&C?R:WX6<N;(>[,JV\/$JUPR""462.^O3%!8KU<5?+`1(7Q=`AN/A
M[%O<XO\`#UY+,UE*M%+Y?PZZJ_R(Q=NS1-NF[Z[EUT^A97F.3],N+>K'$?8]
MG2&-FL<HS=_'K07D69:VLE)]EB2I8W.659/`BJQ88]N[3<NGSX7*.W>8G^].
MY&'[SW2&FDV/<.V''L=C"&F,0XSNR5J3G:>W>V1-DZFXQD_;A#/D$UU/-<.#
M&&1`I?"4@<\.4Y;EY.<9C$7N4)A<?3DB2%KJ\,F_=&BOT5S45-JHBKJJ_O\`
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MNIH"6<HUI:,0\[HJ\4,+\OB$OT0-I6SR;-W>8YO&V^5182E2LM;`R2*L[>US
M7*[:LFQR[%:FORY?N3Z'3K"]&]8<8];>K^:\>Z$O=G\GY/A9Y\I:J7\U"M:6
M*6)L2RMI)/$U;+97[/MA:G@=HCOG3R5A[B^YCOM59&SD;*+9AD2A[<,,+T?9
M"O42`B8W+N+V[UFBK=V=4G(%>!*@\6<+H&509I%$J`$$"N$UQ'R6.P^8OZML
M9Q;2-R$&62O'<9$QJ3PHJ?U$8YJMT555-4:GTT_<CB08?TX];:_OGANKFX)\
MO#\KU[)F;O';%Z>63$Y-S'JE)]J"=L^YC6L>C'S.5%>KDUA?$B;>ZCY3?778
M;&]?9=[*#VA5</)EXM@:/P1B^K.LA,XNLS,F_8)3\,H$M'%BFC0\@<Z`"<4V
M9@$/")N2WB>4?=Y!6KLYHS)JJN7\5*L+%E1K'.5-S?N3:B*_X^=&E>/83@E7
MC/3^:R]GUDM<%C9'"Q,[)G,G:;CWRV88XY%@F3Q2+*][:Z(_[=TJ+]=#9'M6
M;`9?V!I^ULEF"YN;H^Q[N5F'&5.<.8R#C#0M&K;>N*0D`F6#C(Q-TBP.^5$J
MRX*N#>/Z:AN@=)'U;G\OGZ>5DR\RS/KYBQ#&JM:W;$Q&;6_:UNNFJ_*ZK_BI
MI?WRZDZ[ZCY%P&EUUC68VKF.M\1DKC6RSR^:]9=82:=5GEE5JR(QNK&*V--/
MM8FJFD^^VUF7Z=W&F>O_`/CW1T@P@.LD#D<+/(XWH-\CG]]6N4]#_4Y4[/%^
M_)NYN+2\T!]\!(A6`@5/Q'$>0OG?*<O3[$3`?SR83"?QC9MZPQ2HLOD<W;][
M==7-^?W:)M^GR6;]4.A>N^1^FTG;?_:=W:'9_P#>\^._&CR-^C)'02G!-YE6
MM+L5D,J[=/"KG+.FK]&HAOMI#E6.:8:S9E>W]P2-W?HU*<NI28R"UQU4<>,<
M8L*C5EK%9HE5O5#BE)G<1+E%Z<ZW0R92E`O^\/)WPK*1LP]W*V\^W-T855SI
M4ACB2%(V;WMT9^[5JH[Y^GZ%3_9[@=RQV1QG@/'NHINK^49-C8H<>[(6\@_)
MR6[25ZTJ.M)K$C96OA1&?#E55=]$-!>VGW`]I,G;1M:SM3(>1C#<^@7C,^GT
M4YC:_'_92+I%_MT:M0D7<5%1KUZLZIT4L\ZO5GBYVS)HL4X"[-U@?6_/N49/
MDZ5N4NTQF9KRV,>U48FQL<LB>+5K45=8VJ[[E<JHUCM?O+9>ZWJ-T5P?HN3-
M]#P[^<=:Y:EAN72MDL2?E2W:%21+RLEED8Q&W)60Z0LA8V2:Q$K=*Z:?+W!W
M'S(RWIRYK_D#=YWVZ\:TFJ4F0P#,C@^,OL'F]_8(%L_GK-9KQ-,736+BX.>.
M=EY`*),Q*F=,PE<(JBI\N7\PS#.<6\!?S:\>QL,4:U7?C-E;95[45SWR.14:
MUKOMTU1OPJ?N:NOO]=?7'K>SZL\>[;XEUA'W'S7)W[L>>A_FY*$^%CKSNC@K
M5J4+VNEEG@1)M^U\R*YKTUAEC1G[-L=M]T\4]N_6/(]GV#Q13<L7K9FK8XMF
MPF##TS)..K1B>7C+PH6]-DGL$[K)%DT(U)=\BQ22)Y[`WEB@54R"?[Y7RSF>
M*Z]QF1LY"K#E9\DR&2W6\<T+X'-E_JIJU6?1$5R-1$U:NFU%VIYN@?7SUHY]
M[A<XX9@^(9_)<!Q7";61JX#-I<QV0K96*6DGX+E9.RRJ*Z1T<#YW/79.W>DJ
ML25_GXK-;U^SLCIKZANNR#>%A4).1=IZUX<*6"8JV.OPY)5<`4\*B:TA+(,0
M`?[;PH_-SX19I\C)'-[!C<UC$55_#K_:F]C=R_\`%R-_U<9>_P!9UJMFE!/Z
M?W(9;-ET<;%Y'F%6=Z5[$RQ-^/A4CBDGU_\`+"J?J25.6/.*PX`X`X`X`X`X
M`X`X`X`X`X`X`X`X`X`X`X`X`X!_4X&,0Q2G%,QBF`IP`IA(80$`.!3`)1$H
M^WH("'`*A_?W1WM\EVRV"=CWLJ&]R`\S)D5QD^(V"TRWKKN0X._+6N54M\=.
M2-$U_NE>FWK.>,NF*[4C5LH4H&2+Y8EX!^_5?23L`PUDC)W<OO2N+I7F3ILY
M>X\P%ION75PF$DC%.M'N\A7/`C]\T:N``2F,VADE_#_N*$-T,`%G/VVT]#DM
M0L7I=MQ?&SG5-)J\3ICG&@.BM'$H18"SZ]N+,HM[<6_*O``TJ$ZF28!40]X*
M7Z(`!O9P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P#S=S#K
M3[6'4`ZUN=#J/7H'6+=>T?"!C=`_V`(\\US_`/)+_P#&[_TJ9KC?QR*@OU_Z
MV#_[6D?OLK-]*6VE6$T<AO=5)'-A;Y>1CG=J)C0F3U)4V3)@U2!F6VLV-Y"3
M((MPCNB8*>Q+W?J'@'F@^F6\,;PRDF0=BG9KSRZ*_P`/FW>9WCT\B)+K]-GQ
MK]-OZ'7#_<OE]F9_9CDTG#XN>P]9+BJ/D;57)+C$B_C8?R]ZU'OH^-?ZBV/N
M5O[_`"Z+N/H0;_,^(NX?NWD'M^5NF;<15O?4!IM9K_-6>2PI9L2Y=91\NA!R
ME>R)D"NL<?6B/F"MY1PLG'.Y!8BCA1%9-$$FZI_I!)F<3V#FLAP&.'+13.B2
M]5<]:SX)T1R-<R65B1/1VCU5&.>J*JHJ)HU5\>4J=;=A>GO6/$/;B[DNO;^.
MBOOXMGH:T>9K97$ODA=/%8Q]"P^_6DAW58V.L15V.;&R2-\GDEC;@&6B;--V
M'NWY)VGL]+I6Z-TT6MK9MKA4$+?/PV&M>V=1C2,Y&5R6E7%*5<).7D@B!7)#
M/GZJ2H+*&(4RQFS7`RQ69K'+,ERB6&'F4V#D1*D:2/;7J)&FBNFV>.1SE\>J
M1N<J+JJHFJM;MJAD,)C,1Z^<+Z(HY+)^M6,[3J.=R*VZI!-F,^^W(KXXL:MA
M+M2**/\`+V.N00->U8V-<Y(VS3X8:5G7.1U^[;\KIEDC$%?[I%-IM"F:56,?
M09Y%7+Q"-6S>[4_-TC6J\M`UB140.JY(\N;B,5%%)V@=0A%3K(89E;CLF`XY
M+PZS4C[/AAB=&R)NOY'PB21V58S:Q=-7(ZPK%T1[55$55;LJQF^Y*?;G<]#V
M2PO(K?HKDLE?ANV<A.D:8E5<YU*WA8[-A)[,:.1L;H</'9:CW5Y6L<Z-L<LF
M[),K:;#J3D:8O56#']REM?;N[ME06EX^P)52PN<>RIIF'+.0*TA'S#2-?F4(
MFY;B<%DB@<"@8?`%E<E+:L<3L37HOQ[C\?(LD>Y'['K$[<W<W5'(BZZ*GU3Y
M_P`CB'PNA@L/[!8;'<6O_P`OQNORZDRK;2*2NMJNW(1)#-X)TCDA?(S:KHY$
M38Y5:JJB;EC5X.854N(>PJ2W3,$>G-G&]86=5R28!D_JJR=A"RF("D,4Y$&L
M(*XK>\%0$0`0)X_9RN&$95_B.");>S\-%R>_7=HK/OW_`/A^B-UUUT_RU.U/
M:%K/+V'[7NX]6M)R-[.#_C(U8=\=I%K_`(VNDRHKG3;$9XU?\KJ[::(XGJT!
M%ZKY7))9+1L]T_Q;:+,*LK-P]ZCG`ZX0QLA_J:GHGZZJ3%8L%;Q>N?);I$$[
M4K-+WHJ/C0\<&Q56"+BUI)+*2W?Y;&(S<V5%_$;Y?QW-W1I]LFJZ(G[=J;M-
M6ZVJY_G<M?[XP#J6$=1XU_V^YO):2&:C(W^XIDQ_\Q!+X;;T\]39'OD<NDJS
M2>!9-LNW>'=V%AY'//=\*A;FM?R>;)W;A>X&48LK*\L!<VL(<5*E#Q9(FOOU
M23,[$?6:;55$5$45/"98Z8<FW-889,[RY&S)'D_R<0M71'J_\E&_TVMVL7[G
M-WHU4U1%^JH5>]8<ED:?5/KPZ7'26^#)@^Q&9U'OK,K_`,+)-I;FE66Q&BPP
M2_C.E:_:][=4C:]3WG;XAJ%&;)Z#I4&VQ-D9)=LC,PV-TV961DZ<9'?9IR.^
MRBFNE,P,8Y\V$O;AZR.=P"2JP-P43*=$R9S^_@$-"+D>!2A*R1B<:L;U1'HJ
MS+8F6?7<U%^V57-7715TU1%315BGMWDN5WNENV).68^Q2LN[OP_X[7/KO:W'
M,PV.9C%:L,\C=)J+89FI'N:Q9%8]S9$>UN&^W!F;(5`U3J59K&ENFN?H9I9;
MVNCDO)^R>"\9W"56>6F1<N6#^I9/KJ=P9H0ZR@MFZJY03703*=+]&)>8;KK,
M9"AQ:*M6PV'OPI)*J337*T,CM7JJHL<S/(B-^B*OPJ(BI\&R/<WK?B'+>^LA
MF\YV7V1Q+)24J+78W&<<S>2J1(RK&UKX[>,L+4>Z9$\DC6*KHWN<U_WHIN7F
MZ^;(5_NQ:ZW[$V`:9D+.LGVZ(`;%@-3+D54XFL&EKG<'=L)%9,<PBM0FXVI2
M'1HW42$@OR?I$DRDZ<F.;O\`(Z_:N.OXJA#8SCN.MWU?.UC6;I)%?MF5OC<D
M:_:BIIN3Y1-"MW6'%.F,OZ!<QXGS_EN2P_5D'<D_X^>3$RVI;/BIU&55EQK9
MTMP26X]99&N1W@=]CWJ[4Q==HRS6"S=VG).T<_0L?;@VW0N<C8[7"EA<[1%8
MIU_8P$$0UAG,F?9G[&VJ4FYQ.*,="(>O%D5#+',F0#^0WQEV*S8L\KR7)Y(*
M_+I<$Y$J1^1[8*J-;][IMGC>YSMFJ1N<J+JJHFNULZXQ=PF(PGK]POHNIELO
MZZX_M>"23D5S\.K+E,\^>=4KP8W\G\RK%!`MI&OMPPL>U(VM>Y6^6;%5JIQ<
MA,>S]6,V99R?@77NNZJU-[@W).#(6XV[)V0MH'<93@+"T:%H]$OMA@):)8*Q
M1F+B2C&RZPI.RL^IC^(N*M4_Y!G$:V:MVJ''X\7&M::LV22:6ZK8_MB;'%*]
MCFILVJ]C571^SY74GN!Y&O$+7L3G.LN/X/EG;USGMIF;QV;FIU,9C^,LDN?U
MKTUV]1KSQ2R):2>.O9D8Q'5UL:-;M7:?0"E_JN[G^6F.O&7\U[+8\M.)8]IN
M+-;"05QH^6\8940>2CW'4I:FV1Z'C-W:%GT?'$9LTVS=R_2;R+Q14OEH`?DH
MX%2_C.S;;./6[N2Q\M1$R#K;9(YX9T5RPN>DT4*O541&M1$5R(]ZJFC=31'M
MMR7^^O1SC]KN'CO&>$\PH<@D?Q"'`3T[N)R>+<R)F0BJNQU[),JM9)(Z:9TD
MD<#I*]=C';Y5:;5X!;IE[W.^;@'S11576_!)#L"%?`\;E+"X]\*JYE&*;`4U
M.GL!-=0P`(=0#V])5@6HG=6==N157'5OCYU3[8OK\:?\E4T+VU,]W^V+U1"L
M4B,;S/.*CUV;':S9#5&Z/635/UW,:GUT5?C7G6ID.UXV[F'<F<5#737#956=
MM^'PE(_..8\:8@6HH1])<^Z'@5LLPBS.P&GP=G][+&**>[`T1\\0\Q(.:\7(
M6L;V3R-U3'8[)+)-7W)9L0UUBTC73;YVZ/WZKNV*NFUN[ZH7$9P_`<T])NEH
M>1<QYGPJ.ICLOXI,)A\EEVWO)=;O2=,5,CZ_@V-\2V6M\GED\2+L>2!M,;K=
M[YA-I.7C">,\!KDLD\Q@:/B+)-*RG1UH!N=LH$]'V7'[-E6DG3^;7?)N&J11
M4250$R@^(_0-^\-NW;^%2>[2K4'>1R-B@FCGCVII]R/B1&:JY7(K4^45-5^I
MR.]D^,\8XIV;)B^+\GS?+(EI0/GNY;'7<7=2=R.3P25K[WV5;'"V%T<KEVN;
M(C6)HW5>`"L-H1);$]Y^.WBMN(Z["361<<LJI8)YB1_EFGO'4'=&SF9Q2Q+!
M/+M(3D;(JQ[A9*OI/B*>4F5X0R(^$VA%AX))R'F4?-I:D<#[$*,>Y-9XU5LB
M*Z!-JR*Y%V*J1([71$>FWZ];&9+VPI=.^M=SU>Q_(;F3K8?(OM5X'K'BK;&S
MTW-ARCUG92C@DC2Q&QU]\"MW/=7<DJ:M\5LD&QS/LR$H^P00\Q7Z3F[#B&`,
MUNW"K!KFC"CB5DE:2^F:@K'_`&ZILJQ8H)I"G.Q;%R>/<-O.`RZ;@YO%R/\`
MN)G3GX.?V/KPW:Z5;*KHEBLKE\:NCT\L;D1$325C5V*W7[D<JR;I=>FK'^Y*
MO*.HOR*^7R?&,P[/89C4D=ALRV*-+K(;:2?@W(GO<YVZC9GC2>.?QJD3X6MZ
M5ZT9^S/9,X8]@2]OW33&K24EE&DQ?<6[6:Z7&\5:!48._KN7@ZM2H9&S39D(
MT%/-;M3E,=`3^(?!XN;(XWGLS9S=>#^`P]9CGZ.E@O5))&-T7<YK(V[W:)KJ
MC?TU_0I5W7U+UKA>K\QE5[<[(S5B"NCX:.4XMR&G2M3I(SPQ3VKLRUH-TFW9
M)*BHCT;HF[0TS[=&5]UL;MMPX?674ND[(TM]NUG&5FKC(Y_@<2N82T+KPC=U
M530%M@/?'Y64:U:N/?$?$@<SH4P,(ICR'=>97FF.;EX>-8F#(TG9JRYTBVFP
M*UZJU%9MD;JNB(U=R?"[M/T+(^X_`?6;F<_761[N[`R?"^2Q=8X2*&G'@9\J
MV:JULSFVO/4GV1[Y'2Q^%^DC4B1ZHB/0^;LWD')==[J=#OTQKQ@S(V4YKM]T
M=.[8#R]F&B5*HTJ:D[O(O[$K%Y,OL&I1+&]J\LD+!L+<2.GR"JJR9"I%/SY\
MER&2K]I07YL?1L91^`C\E6Q8BCCC<Z15?MFE;XGJQWVII]SD551--3V](\1X
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M\V^&1FUT?(R1AH2O]I_`TQ6;90;^E*]TJ/NR=.01O%>Q55Y92L3AD\,U^PY`
MJK,DC6$@:)`[ERD<02:KQP7WQ<4%5%-2R0P5^JJ$U:6"PC^4))XT25D#';'?
M].Q\K$U9\)ND^8D5SOO=M55Z$T\ED\O[]\KQV;Q^6Q+Z_1,E);CG4K&4LQ)9
M@US%BO0M/6.RN]WBJ*L=YS(85_'B\L;&=36>S.=10E?<>V-H&#<&"8S(--T=
M5/)-'?6L8"02?D5\4_<OK@6@E\[HG[R"/3])X.;09R7.;7[.,X';M^[3(T?I
MN3]VC/INV_7XW:?KH41L])=5^6O^5W?VUY?*OAW\-Y3KY/%)KXMUC7?X?+KL
)^[Q^37[-Q__9
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
