<SEC-DOCUMENT>0000947871-22-001139.txt : 20221107
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<ACCEPTANCE-DATETIME>20221107080043
ACCESSION NUMBER:		0000947871-22-001139
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		15
CONFORMED PERIOD OF REPORT:	20221101
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20221107
DATE AS OF CHANGE:		20221107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SPX Technologies, Inc.
		CENTRAL INDEX KEY:			0000088205
		STANDARD INDUSTRIAL CLASSIFICATION:	METALWORKING MACHINERY & EQUIPMENT [3540]
		IRS NUMBER:				381016240
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-06948
		FILM NUMBER:		221363777

	BUSINESS ADDRESS:	
		STREET 1:		6325 ARDREY KELL ROAD
		STREET 2:		SUITE 400
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28277
		BUSINESS PHONE:		980-474-3700

	MAIL ADDRESS:	
		STREET 1:		6325 ARDREY KELL ROAD
		STREET 2:		SUITE 400
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28277

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SPX CORP
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SEALED POWER CORP
		DATE OF NAME CHANGE:	19880515
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<p style="font: 18pt Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center"><b>UNITED STATES </b></p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>SECURITIES AND EXCHANGE COMMISSION </b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Washington, D.C. 20549 </b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><b>CURRENT REPORT </b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Pursuant to Section 13 or 15(d) </b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>of the Securities Exchange Act of 1934 </b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><b>Date of Report (Date of earliest event reported):
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: center">&#160;<b>Not Applicable</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: center">(Former name or former address, if changed since
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: center">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">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:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">Securities registered pursuant to Section 12(b)
of the Act:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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    <td style="width: 32%">&#160;</td>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (17 CFR&#167;230.405) or Rule 12b-2 of the Securities Exchange Act of 1934
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">If an emerging growth company, indicate by check mark if the registrant
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to Section 13(a) of the Exchange Act. <span style="font-family: Segoe UI Symbol,sans-serif">&#9744;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Item 1.01. Entry Into a Material Definitive Agreement.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; background-color: white">On November 1, 2022,
SPX Technologies, Inc. (the &#8220;<span style="text-decoration: underline">Company</span>&#8221;) together with SPX, LLC, The Marley-Wylain Company, LLC (&#8220;<span style="text-decoration: underline">Marley-Wylain</span>&#8221;)
and SPX Cooling Technologies, LLC (&#8220;<span style="text-decoration: underline">SPXCT</span>&#8221;, and together with SPX, LLC and Marley-Wylain, the &#8220;<span style="text-decoration: underline">Target Companies</span>&#8221;),
each a wholly-owned subsidiary of the Company which holds asbestos and certain other liabilities and related insurance assets, entered
into a Sale and Purchase Agreement (the &#8220;<span style="text-decoration: underline">Purchase Agreement</span>&#8221;) with Canvas Holdco, LLC, a Delaware limited liability
company (the &#8220;<span style="text-decoration: underline">Purchaser</span>&#8221;), an entity formed by a joint venture of Global Risk Capital and Premia Holdings. Marley-Wylain and SPXCT are wholly owned subsidiaries of SPX, LLC.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; background-color: white">Pursuant to the Purchase
Agreement, on November 1, 2022, the Company transferred to the Purchaser the issued and outstanding limited liability company membership
interests of SPX, LLC (the &#8220;<span style="text-decoration: underline">Sale</span>&#8221;). In connection with the Sale, the Company contributed an aggregate $138.85 million
of cash to the Target Companies (the &#8220;<span style="text-decoration: underline">Contribution</span>&#8221;), and the Purchaser made a capital contribution of $8 million to
the Target Companies. The board of managers of the Target Companies have each received a solvency opinion from an independent advisory
firm that the Target Companies are solvent after giving effect to the Sale.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; background-color: white">Pursuant to and as more
specifically described in the Purchase Agreement, the Target Companies have agreed to indemnify the Company and its affiliates for asbestos-related
liabilities. These indemnification obligations are not subject to any cap or time limitation.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; background-color: white">The Purchase Agreement
contains customary representations and warranties with respect to the Target Companies, the Company and the Purchaser. Pursuant to the
Purchase Agreement, the Company and the Purchaser will each indemnify the other for breaches of representations and warranties or breaches
of covenants, subject to certain limitations as set forth in the Purchase Agreement.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; background-color: white"><span style="text-decoration: underline">Additional Information
</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0; text-align: justify; background-color: white">A copy of the
Purchase Agreement has been included to provide investors with information regarding its terms. It is not intended to provide any
other factual information about the Company. In particular, the representations and warranties contained in the Purchase Agreement
were made only for the purposes of such agreement as of the specific dates therein and were solely for the benefit of the parties
thereto. The representations and warranties contained in the Purchase Agreement may be subject to limitations agreed upon by
the parties thereto and are qualified by information in
confidential disclosure schedules provided in connection with the signing thereof.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; background-color: white">The foregoing description
of the Purchase Agreement and the transactions contemplated by such agreement does not purport to be complete and is subject to, and
qualified in its entirety by, the full text of the Purchase Agreement, which is filed as Exhibit 2.1 hereto and is incorporated into this
Item 1.01 by reference. As a result of the transaction, all asbestos liabilities and related insurance assets will not be included in
the Company&#8217;s consolidated year-end 2022 balance sheet. The divestiture will result in an estimated one-time loss that will be recorded
in the fourth quarter of 2022, and will be excluded from adjusted earnings per share.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-bottom: 12pt; margin-left: 0; text-align: justify; background-color: white"><b>Item 2.01. Completion
of Acquisition or Disposition of Assets.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; background-color: white">The information provided
in Item 1.01 of this Form 8-K is hereby incorporated by reference into this Item 2.01.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; background-color: white"><b>Item 8.01. Other
Events.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; background-color: white">On November 1, 2022,
the Company issued a press release announcing the transactions contemplated by the Purchase Agreement. The press release is filed as Exhibit
99.1 hereto and incorporated herein by reference.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"><span style="text-decoration: underline">Forward-Looking Statements</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; background-color: white">Certain statements in
this Current Report on Form 8-K are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; background-color: white">Please read these
forward-looking statements in conjunction with the Company&#8217;s documents filed with the Securities and Exchange Commission, including
the Company&#8217;s most recent annual report on Form 10-K and most recent quarterly report on Form 10-Q. These filings identify important
risk factors and other uncertainties that could cause actual results to differ from those contained in the forward-looking statements.
Actual results may differ materially from these statements. The words &#8220;guidance,&#8221; &#8220;believe,&#8221; &#8220;expect,&#8221;
&#8220;anticipate,&#8221; &#8220;project&#8221; and similar expressions identify forward-looking statements. Although the Company believes
that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations will
prove to be correct. Statements in this press release speak only as of the date of this Current Report on Form 8-K, and the Company disclaims
any responsibility to update or revise such statements, except as required by law.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Item 9.01. Financial Statements and Exhibits. </b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0">(b) <i>Pro Forma Financial Information</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0">The following unaudited pro forma condensed consolidated
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<td style="width: 0.5in"></td><td style="width: 0.5in"><span style="font-family: Symbol">&#183;</span></td><td>the Company's unaudited pro forma condensed consolidated statement of operations for the year ended December 31, 2021;</td></tr></table>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in">The unaudited pro forma condensed consolidated
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financial position that would have been reported had the Sale been completed as of the dates presented, and should not be taken as a
representation as to the Company&#8217;s future operations or financial condition. The pro forma adjustments described in the pro
forma financial statements are based on current information and certain assumptions that the Company&#8217;s management believes are
reasonable under the circumstances.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0">(d) <i>Exhibits</i>&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">Pursuant to the requirements of the Securities Exchange Act of 1934,
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>

<P STYLE="text-align: right; font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt"><B>Exhibit 2.1</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 412.5pt">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 24pt">&#9;__________________________________&#9;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt; text-align: center"><FONT STYLE="font-weight: normal">&#9;SALE AND
PURCHASE AGREEMENT</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">__________________________________</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-weight: normal">among</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0in">SPX TECHNOLOGIES, INC.,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0in">SPX, LLC,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0in">THE MARLEY-WYLAIN COMPANY,
LLC,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0in">SPX COOLING TECHNOLOGIES,
LLC,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-weight: normal">and</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-weight: normal">CANVAS HOLDCO,
LLC</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-weight: normal">Dated as of
November 1, 2022</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
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    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in">ARTICLE I DEFINITIONS</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="width: 90%; text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 1.01. Certain Defined Terms</TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 0in; padding-bottom: 0in">1</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 1.02. Definitions</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">11</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 1.03. Interpretation and Rules of Construction</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">11</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; text-transform: uppercase; background-color: White">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in">Article II SALE AND PURCHASE</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 2.01. Sale and Purchase of Company Interests</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">13</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 2.02. Closing</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">14</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 2.03. Closing Deliveries by the Seller</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">14</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 2.04. Closing Deliveries by the Purchaser</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">14</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; text-transform: uppercase; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in">Article III REPRESENTATIONS AND WARRANTIES OF THE SELLER</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.01. Organization, Authority, and Qualification</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">14</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.02. Ownership of Company Interests</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">15</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.03. No Conflict</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">16</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.04. Governmental Consents and Approvals</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">17</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.05. Company Accounts</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">17</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.06. Absence of Certain Changes or Events</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">17</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.07. Compliance with Laws</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">18</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.08. Employee Matters</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">18</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.09. Affiliate Transactions</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">19</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.10. Taxes</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">19</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.11. Material Contracts</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">21</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.12. Real Property</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">23</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.13. Asbestos Claims</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">23</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.14. Insurance Coverage</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">24</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.15. Brokers</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">24</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 3.16. Disclaimer of the Seller</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">25</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; text-transform: uppercase; background-color: White">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in">Article IV REPRESENTATIONS AND WARRANTIES OF THE PURCHASER</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 4.01. Organization, Authority and Qualification of the Purchaser</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">26</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 4.02. No Conflict</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">26</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 4.03. Governmental Consents and Approvals</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">27</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 4.04. Investment Purpose</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">27</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 4.05. Funding; Solvency</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">27</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 4.06. Litigation</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">27</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 4.07. Brokers</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">28</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 4.08. Independent Investigation; Seller&#8217;s Representations</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">28</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; text-transform: uppercase; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in"></TD></TR></TABLE>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="font: 12pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom; text-transform: uppercase; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in">Article V ADDITIONAL AGREEMENTS</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in; width: 90%">SECTION 5.01. Access to Information</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in; width: 10%">29</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 5.02. Restricted Transactions</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">30</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 5.03. Name Change</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">31</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 5.04. Administration of Claims Post-Closing</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">32</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 5.05. Recovery Rights</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">32</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 5.06. Release</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">32</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 5.07. Investment and Operation</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">33</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 5.08. Insurance Matters</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">34</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 5.09. Further Action</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">34</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 5.10. Wrong Pockets</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">34</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; text-transform: uppercase; background-color: White">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in">Article VI TAX MATTERS</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 6.01. Tax Returns</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">34</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 6.02. Straddle Period Allocation</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">35</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 6.03. Tax Cooperation</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">36</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 6.04. Tax Treatment</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">36</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 6.05. Tax Claims</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">37</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 6.06. Conveyance Taxes</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">38</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 6.07. Tax Covenants</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">38</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; text-transform: uppercase; background-color: White">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in">Article VII INDEMNIFICATION</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 7.01. Survival of Representations, Warranties and Covenants</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">38</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 7.02. Indemnification by the Seller</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">39</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 7.03. Indemnification by the Purchaser</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">39</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 7.04. Indemnification by the Company Entities</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">40</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 7.05. Limitations on Indemnification</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">40</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 7.06. Notice of Loss; Third-Party Claims</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">42</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 7.07. Remedies</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">43</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; text-transform: uppercase; background-color: White">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in">Article VIII GENERAL PROVISIONS</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.01. Expenses</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">43</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.02. Notices</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">43</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.03. Public Announcements</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">45</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.04. Severability</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">45</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.05. Entire Agreement</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">45</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.06. Assignment</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">45</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.07. Amendment</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">46</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.08. Waiver</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">46</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.09. No Third-Party Beneficiaries</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">46</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.10. Specific Performance</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">46</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.11. Governing Law</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">46</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.12. Provision With Respect to Legal Representation</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">47</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.13. Waiver of Jury Trial</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">48</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 0.5in">SECTION 8.14. Counterparts</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">48</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 9pt; text-indent: 0in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 9pt; text-indent: 0in"><B>SCHEDULES</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0; text-indent: 0in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; width: 15%">1.01(a)</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; width: 85%">Claims Database</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">1.01(b)</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Covered European Asbestos Matters</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">1.01(c)</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Seller&#8217;s Knowledge</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">1.01(d)</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Operations and Investment</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0; text-indent: 0in"><BR>
<B>SELLER DISCLOSURE SCHEDULE</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; padding-top: 6pt; padding-bottom: 6pt">3.01</TD>
    <TD STYLE="width: 85%; padding-top: 6pt; padding-bottom: 6pt">Organization, Authority and Qualification of the Seller</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.02</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Ownership of Company Interests</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.03</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">No Conflict</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.04</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Governmental Consents and Approvals</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.05</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Company Accounts</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.06</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Absence of Certain Changes or Events</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.07</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Compliance with Laws</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.08</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Employee Matters</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.09</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Affiliate Transactions</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.10</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Taxes</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.11</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Material Contracts</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.12</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Real Property</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.13</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Asbestos Claims</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.14</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Insurance Coverage</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">3.15</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Brokers</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">5.07</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">Investment and Operation</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">&nbsp;</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SALE AND PURCHASE AGREEMENT, dated as of November
1, 2022, among SPX Technologies, Inc., a Delaware corporation (the&nbsp;&#8220;<U>Seller</U>&#8221;), SPX, LLC, a Delaware limited liability
company (the &#8220;<U>Company</U>&#8221;), The Marley-Wylain Company, LLC, a Delaware limited liability company (&#8220;<U>Marley-Wylain</U>&#8221;),
SPX Cooling Technologies, LLC, a Delaware limited liability company (&#8220;<U>SPXCT</U>&#8221;, and together with the Company and Marley-Wylain,
the &#8220;<U>Company Entities</U>&#8221;), and Canvas Holdco, LLC, a Delaware limited liability company (the&nbsp;&#8220;<U>Purchaser</U>&#8221;).
The Seller, the Company Entities, and the Purchaser are each referred to individually as a &#8220;<U>Party</U>&#8221; and collectively
as the &#8220;<U>Parties</U>&#8221;.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">WHEREAS, the Seller is the sole owner of all of
the issued and outstanding limited liability company membership interests of the Company (the &#8220;<U>Company Interests</U>&#8221;);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">WHEREAS, the Company is the sole owner of all
of the issued and outstanding limited liability company membership interests of Marley-Wylain and SPXCT;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">WHEREAS, the Seller wishes to sell to the Purchaser,
and the Purchaser wishes to purchase from the Seller, the Company Interests, upon the terms and subject to the conditions set forth herein;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">WHEREAS, prior to the execution and delivery of
this Agreement, the Seller Cash Contribution (as defined herein) has been made to the Company Entities; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">WHEREAS, contemporaneously with the execution
and delivery of this Agreement, Kroll, LLC has delivered opinions to the boards of managers of each of the Company Entities, concluding
that, among other things, the Company Entities are Solvent after giving effect to the sale and purchase of the Company Interests and the
other transactions contemplated herein (the &#8220;<U>Solvency Opinions</U>&#8221;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">NOW, THEREFORE, in consideration of the foregoing
premises and the respective representations, warranties, covenants, and agreements contained in this Agreement, and intending to be legally
bound hereby, the Parties hereby agree as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
I<BR>
<BR>
DEFINITIONS</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 1.01. <U>Certain Defined Terms</U>. For
purposes of this Agreement:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Action</U>&#8221; means any claim, demand,
action, claim, suit, countersuit, arbitration, subpoena, inquiry, proceeding, or investigation of any nature (whether criminal, civil,
legislative, administrative, regulatory, prosecutorial or otherwise) by or before any Governmental Authority.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Affiliate</U>&#8221; means, with respect
to any specified Person, any other Person that, directly or indirectly, through one or more intermediaries, controls, is controlled by,
or is under common control with, such specified Person.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Agreement</U>&#8221; means this Sale
and Purchase Agreement among the Parties (including the Schedules hereto) and all amendments hereto made in accordance with the provisions
of <U>Section&nbsp;8.07</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Asbestos Claim</U>&#8221; means any
claim of Liability, whenever arising or asserted (before, on, or after the Closing), by any third party for Asbestos-Related Liabilities.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Asbestos Insurance Programs</U>&#8221;
means any insurance policies, coverage-in place agreements, or other contracts of any SPX Historical Party, in each case to the extent
relating to Asbestos Claims.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Asbestos Insurance Rights</U>&#8221;
means any rights under insurance policies, coverage-in place agreements, or other contracts or rights relating to insurance policies under
which any SPX Historical Party has rights as an insured, additional insured, successor, beneficiary, or otherwise, in each case if and
to the extent that they provide coverage, rights to coverage, the benefits of waivers or releases by others to claims for coverage, or
other insurance-related benefits for or relating to Asbestos Claims.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&#8220;<U>Asbestos-Related Liabilities</U>&#8221; means
any claim of Liability, losses or damages by a third party whenever arising or asserted (before, on, or after the Closing), litigation,
costs and expenses, interest, awards, judgments, and penalties (including reasonable attorneys&#8217; fees and expenses), directly or
indirectly, arising in whole or in part from, or attributable in whole or in part to (by operation of law, or otherwise):</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">(a) the actual or alleged exposure of any person in the United
States or, in respect of the Covered European Asbestos Matters, in Europe to asbestos or asbestos-containing materials (i) in any product
actually or allegedly manufactured, assembled, designed, marketed, sold, handled, used, specified, recommended, branded, endorsed, disturbed,
disposed of, removed, installed, or distributed by, or on behalf of, any SPX Historical Party, or (ii) relating to services instructions,
warnings, recommendations, actions, or operations, provided, completed or performed (or that allegedly should have been provided, completed,
updated, or performed but allegedly were not) by, or on behalf of, any SPX Historical Party or resulting, directly or indirectly, from
any of the foregoing, including, in each case, by or on behalf of, any SPX Historical Party&#8217;s terminated, divested, or discontinued
businesses, operations, or activities&#894;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">(b) the actual or alleged exposure of any person to asbestos
or asbestos-containing materials arising from the actual or alleged existence, operation, maintenance, use, assembly, design, sale, distribution,
installation, handling, specification, recommendation, branding, endorsement, removal, or disposal of any asbestos or asbestos-containing
materials present at, or adjacent to, any facility, building, manufacturing plant, or other real property formerly owned, leased, controlled,
occupied, or utilized by any SPX Historical Party, or discontinued operation of, any SPX Historical Party, in each case in the United
States in the United States or, in respect of the Covered European Asbestos Matters, in Europe;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">(c) any other actual or alleged exposure of any person in the
United States or, in respect of the Covered European Asbestos Matters, in Europe to asbestos or asbestos-containing materials that is
alleged to create a liability under contract or Law (including Law created or coming into force after the Closing) on the part of any
SPX Historical Party, or discontinued operation of, any SPX Historical Party, whether or not arising from acts or omissions of such SPX
Historical Party including (i) any alleged liability for conspiracy; voluntary or negligent undertaking; failure to warn of conduct by
another Person or hazards associated with another Person&#8217;s products, actions, or omissions; common or joint enterprise; or market-share
liability, (ii) any liability for actual or alleged involvement in industrial standard-setting, information-sharing, lobbying, or similar
activities, or in enterprises organized for or conducting such activities, (iii) any liability for indemnification, contribution, or other
reimbursement, whether under contract or under Law, and (iv) any liability as transferee of a Person having actual or alleged liability
arising from or attributable to asbestos or asbestos-containing products or materials; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">(d) any asbestos-related claim, action, suit, inquiry, proceeding,
or investigation in the United States or, in respect of the Covered European Asbestos Matters, in Europe, in each case that are made by
any current or former employees (including under any worker compensation programs) of any SPX Historical Party, or discontinued operation
of, any SPX Historical Party and any contractual, indemnification, or contribution obligations arising in the United States or, in respect
of the Covered European Asbestos Matters, in Europe that may be owed to any third party by any SPX Historical Party, or discontinued operation
of, any SPX Historical Party.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">For purposes of this definition of &#8220;Asbestos-Related Liabilities&#8221;,
(i) all references to &#8220;any SPX Historical Party&#8221; include any actual or alleged agent or predecessor of any SPX Entity or member
of the Company Group (including any company that merged into any SPX Entity or any member of the Company Group in, or in connection with,
the Reorganization Transactions or otherwise and any actual or alleged agent or predecessor thereof), (ii) &#8220;asbestos-containing&#8221;
shall include products or materials in which asbestos fibers were, or are alleged to have been, an accidental, incidental, unknown, unintended,
or undesired inclusion or contaminant, (iii) &#8220;materials&#8221; includes fibers, dust, waste, or other residue resulting from actions
performed on, or the deterioration or decay of, asbestos-containing products or materials, and (iv) all references to actions, activities,
or omissions by any SPX Historical Party include actions, activities, and omissions of any SPX Entity and any member of the Company Group
occurring after the Closing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0; text-indent: 1in">&#8220;<U>Assumed Environmental Liabilities</U>&#8221;
means Environmental Liabilities of SPX and the Company Entities solely to the extent related to the Lindberg site (304 Hart Street, Watertown,
Wisconsin) up to an aggregate amount equal to $2,000,000.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0; text-indent: 1in">&#8220;<U>Assumed Liabilities</U>&#8221; means all
Asbestos-Related Liabilities, all Liabilities relating to, arising from, or attributable to, the Asbestos Insurance Programs, and Assumed
Environmental Liabilities.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Business Day</U>&#8221; means any day
that is not a Saturday, a Sunday, or other day on which banks are required or authorized by Law to be closed in New York, New York, U.S.A.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>CARES Act</U>&#8221; means (i) the Coronavirus
Aid, Relief, and Economic Security Act (Pub. L. 116 136) and any administrative or other guidance published with respect thereto by any
Governmental Authority (including IRS Notices 2020 22 and 2020 65), and (ii) any extension of, amendment, supplement, correction, revision
or similar treatment to any provision of the CARES Act contained in the Consolidated Appropriations Act, 2021, H.R. 133.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Claims Database</U>&#8221; means the
claims database managed by an external provider on behalf of the Company, as further described on <U>Schedule 1.01(a)</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Code</U>&#8221; means the Internal Revenue
Code of 1986, as amended.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Company Group</U>&#8221; means the Company
Entities.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Confidential Information Memorandum</U>&#8221;
means the Confidential Information Memorandum provided to the Purchaser or any of its Representatives in connection with its evaluation
of the transactions contemplated by this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Contract</U>&#8221; means any legally
binding note, bond, debenture, mortgage, indenture, deed of trust, license, lease, agreement, pledge, subcontract, option, warranty, sublicense,
arrangement or other contract commitment, instrument, obligation, undertaking, covenant, in each case, written or unwritten, and including
all amendments, supplements, or other modifications thereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>control</U>&#8221; (including the terms
&#8220;<U>controlled by</U>&#8221; and &#8220;<U>under common control with</U>&#8221;), with respect to the relationship between or among
two or more Persons, means the possession, directly or indirectly, or as trustee, personal representative or executor, of the power to
direct or cause the direction of the affairs or management of a Person, whether through the ownership of voting securities, as trustee,
personal representative or executor, by contract, or otherwise.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Conveyance Taxes</U>&#8221; means any
sales, use, transfer, indirect transfer, gains, documentary, conveyance, stock transfer, registration, excise, real property transfer,
ad valorem, stamp, stamp duty, recording, or other similar Tax, fee, or charge imposed by any Governmental Authority upon the sale, transfer,
or assignment of real, personal, tangible or intangible property, or any interest therein, or upon the recording of any such sale, transfer,
or assignment as a result of the transactions contemplated by this Agreement, together with any interest, additions, or penalties in respect
thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Covered European Asbestos Matters</U>&#8221;
has the meaning set forth on <U>Schedule 1.01(b)</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Disclosure Schedules</U>&#8221; means
the Seller Disclosure Schedule.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Encumbrance</U>&#8221; means any security
interest, pledge, hypothecation, mortgage, lien (statutory or otherwise), charge, or encumbrance, other than any license of, option to
license, or covenant not to assert claims of infringement, misappropriation, or other violation with respect to, intellectual property.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Environmental Law</U>&#8221; means any
Law, including common law, concerning or relating to pollution, the protection of the environment, health, or safety as such relate to
Hazardous Materials, climate change, or greenhouse gasses, or threatened or endangered species or their habitats, including any such Law
concerning or relating to the treatment, recycling, storage, use, handling, generation, transportation, Release or threatened Release
of, or exposure to, Hazardous Material.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Environmental Liabilities</U>&#8221;
means any losses, damages, claims, litigation, taxes, costs and expenses, interest, awards, judgments, and penalties (including reasonable
attorneys&#8217; fees and expenses) relating to, arising out of, or attributable to (by operation of law, or otherwise), (a)&nbsp;any
violation of or noncompliance with any Environmental Law or Environmental Permit, (b) any Release or threatened Release of Hazardous Materials,
(c) any Hazardous Materials that were sent to any third-party site, including for treatment, storage, disposal, or recycling, (d) any
exposure of any person to Hazardous Materials, and (e) any demand, claim, action, investigation, proceeding, or litigation relating to
the preceding <U>clauses (a)</U> - <U>(d)</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Environmental Permit</U>&#8221; means
any material permit, approval, identification number, or license that the Company Group is required to possess pursuant to any applicable
Environmental Law.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>ERISA</U>&#8221; means the United States
Employee Retirement Income Security Act of 1974, as amended.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Excluded Company Liabilities</U>&#8221;
means all of the Liabilities relating to, arising from, or attributable to the operation of the Company Entities prior to the Closing,
including Indebtedness; <U>provided</U>, that, notwithstanding anything herein to the contrary, Excluded Company Liabilities shall in
no event include any Asbestos-Related Liabilities.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Excluded Environmental Liabilities</U>&#8221;
means all of the Environmental Liabilities of the Company Entities that are not Assumed Environmental Liabilities; <U>provided</U>, that,
notwithstanding anything herein to the contrary, Excluded Environmental Liabilities shall in no event include any Asbestos-Related Liabilities.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#9;&#8220;<U>Excluded Taxes</U>&#8221; means
(a) Taxes of the Seller or any of its Affiliates (other than a member of the Company Group), (b) Taxes of each member of the Company Group
for any Pre-Closing Period, including any Taxes imposed pursuant to Section 951 or Section 951A of the Code with respect to income earned
or recognized or payments received on or prior to the Closing Date by a member of the Company Group (regardless of when such income is
taken into account for Tax purposes), (b) Taxes imposed on any member of the Company Group as a result of having been a member of an affiliated,
consolidated, combined, or unitary Tax group prior to the Closing Date, (c) Taxes of any other Person imposed on any member of the Company
Group by operation of Law, as a transferee, or successor or by contract (other than a contract the principal subject matter of which is
not Taxes), in each case described in this <U>clause (c)</U>, as a result of an action taken, or contract entered into, prior to the Closing,
(d) any Conveyance Taxes assessed against the Purchaser and which are the responsibility of the Seller pursuant to <U>Section 6.06</U>,
and (e) Taxes of the Company Group resulting from a breach of the representations and warranties of the Seller given in <U>Sections 3.10(k)</U>
and <U>3.10(l)</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: TimesNewRomanPSMT"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: TimesNewRomanPSMT">&#8220;<U>Fraud</U>&#8221;
</FONT>with respect to any Party, actual fraud by such Party in connection with this Agreement or the transactions contemplated hereby;
<U>provided</U>, that such actual fraud of such Party shall be deemed to exist only if the action or omission was knowing and intentional
with the intent that another Party rely thereon, coupled with damages caused by such other Party&#8217;s detrimental reliance thereon
(excluding any constructive or reckless fraud). For the avoidance of doubt, &#8220;Fraud&#8221; shall not include any claim for equitable
fraud, promissory fraud, unfair dealings fraud, or any torts (including a claim for fraud) based on negligence or recklessness.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Fundamental Representations</U>&#8221;
means <U>Sections 3.01</U> (Organization, Authority and Qualification) (other than the last sentence of <U>Section 3.01(b)</U>), <U>3.02</U>
(Ownership of Company Interests), <U>3.15</U> (Brokers), <U>4.01</U> (Organization, Authority and Qualification), and <U>4.07</U> (Brokers).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>GAAP</U>&#8221; means United States
generally accepted accounting principles, consistently applied during the periods involved.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Governmental Authority</U>&#8221; means
any federal, national, international, multinational, foreign, supranational, state, provincial, territorial, municipal, local, or other
government, governmental, regulatory, legislative, or administrative authority, agency, bureau, commission, department, entity or instrumentality
or any executive official thereof, or any court or tribunal, or any arbitral tribunal, or any self-regulatory or quasi-governmental authority
of any nature.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Governmental Order</U>&#8221; means
any order, writ, judgment, injunction, decree, stipulation, determination, or award entered by or with any Governmental Authority.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Hazardous Material</U>&#8221; means
any waste, substance or material that is listed, defined, designated, classified, or regulated as hazardous, radioactive, or toxic, or
as a pollutant or a contaminant, or words of similar import, under any Law, including common law, concerning or relating to pollution,
the protection of the environment, health, or safety, including petroleum and all derivatives thereof or synthetic substitutes therefor,
polychlorinated biphenyls, per- and polyfluoroalkyl substances, asbestos, and silica.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Indebtedness</U>&#8221; means, with
respect to any Person, as of any specified time, the outstanding principal amount of, accrued and unpaid interest on and other payment
obligations (including any prepayment premiums or penalties payable as a result of the consummation of the transactions contemplated hereby)
arising under any obligations and liabilities (whether or not contingent) of such Person or its Subsidiaries (i) for borrowed money, (ii)
evidenced by bonds, debentures, notes or similar instruments, (iii) in respect of letters of credit, bankers&#8217; acceptances or similar
credit transactions, (iv) for the deferred purchase price of assets, property, securities or services, the maximum amount of any contingent
purchase price obligations or &#8220;earn-out&#8221; obligations in connection with any acquisition, whether by merger, equity purchase,
asset acquisition or otherwise (including any purchase price adjustment payments) and all obligations of such Person under conditional
sale or other title retention agreements, (v) arising under any interest rate, currency or other hedging agreement and any other arrangement
designed to provide protection against fluctuations in interest or currency rates, in each case including any amounts payable to terminate
such arrangements, (vi) any amounts due under leases required to be treated as capital or financial leases under GAAP or classified as
a capital or financial lease in the Company Accounts and (vii) directly or indirectly guaranteeing any obligations of any other Person
of the type described in the foregoing clauses (i) through (vi). For the avoidance of doubt, any Asbestos Claims shall not be considered
&#8220;Indebtedness&#8221; hereunder.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Indemnified Party</U>&#8221; means a
Purchaser Indemnified Party or a Seller Indemnified Party, as the case may be.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Indemnifying Party</U>&#8221; means
the Seller pursuant to <U>Section&nbsp;7.02</U>, the Purchaser pursuant to <U>Section&nbsp;7.03(a)</U>, or the Company Entities pursuant
to <U>Section 7.04</U>, as the case may be.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Intellectual Property</U>&#8221; means
all worldwide intellectual property rights, including rights in (i) patents, patent applications and inventions, (ii) trademarks, service
marks, corporate names, trade names, domain names, social and mobile media identifiers, trade dress, design rights, and other designations
of source or origin, together with the goodwill symbolized by any of the foregoing, and (iii) copyrights.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Law</U>&#8221; means any federal, national,
foreign, supranational, state, provincial, municipal, provincial, territorial, international, multinational or local statute, law, ordinance,
treaty, constitution, compact, directive, resolution, ordinance, edict, decree, regulation, rule, code, order (including any Governmental
Order), requirement, or rule of law (including common law).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Liabilities</U>&#8221; means any and
all debts, liabilities, and obligations, whether accrued or unaccrued, fixed or variable, known or unknown, absolute or contingent, matured
or unmatured, or determined or determinable, including those arising under any Law, Action, or Governmental Order and those arising under
any contract, lease, agreement, arrangement, commitment, or undertaking.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Owned Real Property</U>&#8221; means
that certain parcel of real property owned by one of the Company Entities that has a street address of 309 Hart Street, Watertown, Wisconsin.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Permit</U>&#8221; means any governmental
license, waiver, permit, certificate, registration or authorization.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Permitted Encumbrances</U>&#8221; means
(a)&nbsp;statutory liens for current Taxes or other governmental charges that are not yet due or the validity or amount of which is being
contested in good faith by appropriate proceedings and for which adequate reserves have been set aside in accordance with GAAP, (b)&nbsp;Encumbrances
approved by the Purchaser or any of its Representatives on behalf of the Purchaser, and (c)&nbsp;mechanics&#8217;, vendors&#8217;, materialmen&#8217;s,
carriers&#8217;, warehousemen&#8217;s, workers&#8217;, repairers&#8217;, landlords&#8217;, and other Encumbrances or security obligations
arising by operation of law in the ordinary course of business consistent with past practices or the validity or amount of which is being
contested in good faith by appropriate proceedings and for which adequate reserves have been set aside in accordance with GAAP, or pledges,
deposits, or other Encumbrances securing the performance of bids, trade contracts, leases, or statutory obligations in the ordinary course
of business consistent with past practices (including workers&#8217; compensation, unemployment insurance, or other social security legislation),
and (d) Encumbrances identified or reflected in the Company Accounts (the disclosure of which is reasonably apparent on the face thereof).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Person</U>&#8221; means any individual,
partnership, firm, corporation, limited liability company, association, trust, unincorporated organization, or other entity, or any Governmental
Authority.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Plan</U>&#8221; means an employment,
compensation, benefit, severance or termination, consulting, bonus, deferred compensation, equity, phantom-equity, or equity-based award,
retention, relocation, vacation, change in control, transaction bonus, salary continuation, hospitalization, medical, dental, vision,
life insurance, disability or sick leave benefit, profit-sharing, pension, or retirement or other fringe benefit or compensatory plan,
program, agreement, or arrangement, whether or not in writing and whether or not funded, including any &#8220;employee benefit plan&#8221;
(within the meaning of Section 3(3) of ERISA, whether or not subject to ERISA) but excluding any plan or program sponsored by a Governmental
Authority.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Post-Closing Period</U>&#8221; means
any taxable period (or portion thereof) beginning after the Closing Date and, with respect to any Straddle Period, the portion of such
Straddle Period that begins after the Closing Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Pre-Closing Period</U>&#8221; means
any taxable period (or portion thereof) ending on or prior to the Closing Date and, with respect to any Straddle Period, the portion of
such Straddle Period that ends on the Closing Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Purchaser Capital At Risk Amount</U>&#8221;
means an amount equal to $8,000,000.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Recovery Rights</U>&#8221; means any
and all rights, titles, privileges, interests, claims, demands, or entitlements to any proceeds, payments, initial or supplemental dividends,
scheme payments, supplemental scheme payments, causes of action, and choses in action under, for, or related to the Insurance Policies
whether now existing or hereafter arising, accrued, unaccrued, liquidated or unliquidated, matured or unmatured, disputed or undisputed,
fixed, or contingent.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Release</U>&#8221; means disposing,
discharging, injecting, spilling, leaking, pumping, pouring, leaching, migrating, dumping, emitting, escaping, or emptying into or upon
the environment, including any soil, sediment, subsurface strata, surface water, drinking water supply, or groundwater.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Reorganization Documents</U>&#8221;
means the agreements, certificates, and other documents entered into to effect the Reorganization Transactions.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Reorganization Transactions</U>&#8221;
means the transactions set forth on <U>Section 3.06</U> of the Seller Disclosure Schedule.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Representatives</U>&#8221; means with
respect to any Person, such Person&#8217;s Affiliates and its and their respective directors, officers, employees, agents, consultants,
advisors and other representatives.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Restructuring</U>&#8221; means any merger,
reorganization, recapitalization, combination, dissolution, splitting, division, transfer of domicile, amalgamation, or any similar transaction,
by operation of law or otherwise.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Securities Act</U>&#8221; means the
Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Seller Cash Contribution</U>&#8221;
means the $138.85 million aggregate cash contribution by the Seller or its Subsidiaries consisting of (a) a $55.54 million cash contribution
to the Company, (b) a $13.89 million cash contribution to SPXCT, and (c) a $69.42 million cash contribution to Marley-Wylain.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Seller Disclosure Schedule</U>&#8221;
means the Disclosure Schedule, dated as of the date of this Agreement, delivered by the Seller to the Purchaser in connection with the
execution of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Seller&#8217;s Knowledge</U>&#8221;,
&#8220;<U>Knowledge of the Seller</U>&#8221;, or similar terms used in this Agreement mean the actual (but not constructive or imputed)
knowledge of the Persons identified on <U>Schedule&nbsp;1.01(c)</U> as of the date of this Agreement, after reasonable inquiry.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Solvent</U>&#8221; means, with respect
to any Person, (a) the assets of such Person, at a fair valuation, exceed its debts (including contingent liabilities), (b) such Person
should be able to pay its debts (including contingent liabilities) as they become due, and (c) such Person will not have an unreasonably
small amount of assets (or capital) for the businesses in which it is engaged or in which management has indicated it intends to engage.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Specified Reorganization Documents</U>&#8221;
means those Reorganization Documents described in (and subject to the limitations set forth in) <U>Section 3.09</U> of the Seller Disclosure
Schedule.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>SPX</U>&#8221; means, collectively,
the Seller and each of its Subsidiaries (other than members of the Company Group).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>SPX Entity</U>&#8221; means the Seller
or any of its Subsidiaries (other than members of the Company Group).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>SPX Historical Parties</U>&#8221; means
each of (a) the Company Entities (including any prior organizational forms thereof), (b) any entity merged into, or consolidated with,
any of the Company Entities prior to the Closing, (c) any entity owned directly or indirectly by the Company Entities prior to the Closing,
(d) any actual or alleged past or present direct or indirect Subsidiary, Affiliate, or Representative of any of the foregoing (<U>provided</U>,
that any such Subsidiary, Affiliate, or Representative shall only be an SPX Historical Party in respect of Asbestos-Related Liabilities
that are of the same type and nature as the Asbestos-Related Liabilities of the Company Entities; <U>provided</U>, <U>further</U>, that
the intention of this clause (d) is only to rectify any inadvertent omission of any entity that, had the Seller given specific consideration
to such entity and the asbestos-related liabilities of such entity as of the date hereof, would have otherwise been identified as a Company
Entity or merged into, or consolidated with, or otherwise implemented arrangements to have such liabilities assumed by, a Company Entity
prior to the Closing), and (e) any successor to or permitted assignee of any Person described in <U>clauses (a)</U> - <U>(d)</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Straddle Period</U>&#8221; means any
taxable period beginning prior to the Closing Date and ending after the Closing Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Subsidiary</U>&#8221; of any Person
means any corporation, partnership, limited liability company, or other organization, whether incorporated or unincorporated, which is
controlled by such Person.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Tax</U>&#8221; or &#8220;<U>Taxes</U>&#8221;
means any and all taxes of any kind, charges, fees, duties, levies, customs, imposts, required deposits or other assessments, including
all net income, capital gains, gross income, gross receipts, sales, use, excise, windfall profits, severance, property, production, license,
excise, net worth, franchise, capital, payroll, employment, withholding, social security, worker&#8217;s compensation, unemployment, occupation,
ad valorem, value added, transfer, gains, profits, net worth, asset, transaction, and other similar taxes, duties, and similar imposts,
however denominated, together with any and all interest, penalties, and additions to tax imposed in respect thereof, imposed by any Governmental
Authority.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Tax Distributions</U>&#8221; means for
any taxable period (or portion thereof) during which the Company files a consolidated, combined, unitary or similar type income tax return
with any direct or indirect parent corporation of the Company, distributions or other payments (including payments pursuant to a tax sharing
agreement) by the Company to such parent corporation to permit such parent corporation to pay federal and state income taxes for such
taxable period (or portion thereof), to the extent attributable to any taxable income of the Company and any Subsidiary of the Company;
provided that for each such taxable period, the amount of such distributions or other payments made in respect of such taxable period
in the aggregate shall not exceed the amount of such Taxes that the Company and its Subsidiaries would have been required to pay if they
were a stand-alone group of corporate taxpayers filing on a combined unitary or consolidated basis, taking into account any carryforward
of capital losses, net operating losses and other tax attributes that would apply to such stand-alone group.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Tax Returns</U>&#8221; means any and
all returns, reports, and forms (including elections, claims for refund, declarations, amendments, schedules, information returns, and
statements, and schedules and attachments thereto) required to be filed with a Governmental Authority or furnished to any Person with
respect to Taxes.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Transaction Documents</U>&#8221; means
this Agreement and the Transition Services Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Transition Services Agreement</U>&#8221;
means the Transition Services Agreement entered into by the Seller and the Company at the Closing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 1.02. <U>Definitions</U>. The following
terms have the meanings set forth in the Sections set forth below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 70%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><U>Definition</U></P>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in">&nbsp;</P></TD>
    <TD STYLE="width: 30%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in"><U>Location</U></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Check the Box Election</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">4.10(m)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Closing</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">2.02</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Closing Date</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">2.02</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Company</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">Preamble</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Company Accounts</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">3.05</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Company Entities</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">Preamble</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Company Interests</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">Recitals</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Insurance Policy</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">3.14(a)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Future Defense Costs</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">6.04(b)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Loss</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">7.02</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Marley-Wylain</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">Preamble</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Material Contracts</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">3.11(a)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Party</U>&#8221; or &#8220;<U>Parties</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">Preamble</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Post-Closing Representation</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">8.12</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Pre-Closing Applicable Books and Records</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">5.01(a)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Property Taxes</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">6.02</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Purchaser</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">Preamble</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Purchaser Indemnified Party</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">7.02</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Purchaser Released Matters</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">5.06(b)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Purchaser Released Parties</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">5.06(b)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Purchaser Releasing Parties</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">5.06(a)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>RBH</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">8.12</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Released Matters</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">5.06</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Reports</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">3.13(c)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Restricted Transaction</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">5.02(a)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>S&amp;S</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">8.12</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Seller</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">Preamble</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Seller Indemnified Party</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">7.03(a)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Seller Released Matters</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">5.06(a)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Seller Released Parties</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">5.06(a)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Seller Releasing Parties</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">5.06(b)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Solvency Opinions</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">Recitals</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>SPXCT</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">Preamble</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Tax Claim</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">6.05(a)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">&#8220;<U>Third-Party Claim</U>&#8221;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0in">7.06(b)</TD></TR>
  </TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 1.03. <U>Interpretation and Rules of
Construction</U>. (a) In this Agreement, except to the extent otherwise provided or that the context otherwise requires:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>when a reference is made in this Agreement to an Article, Section, Exhibit, or Schedule, such reference is to an Article or Section
of, or an Exhibit or Schedule to, this Agreement;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the table of contents and headings for this Agreement are for reference purposes only and do not affect in any way the meaning
or interpretation of this Agreement;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(iii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>whenever the words &#8220;include,&#8221; &#8220;includes&#8221;, or &#8220;including&#8221; are used in this Agreement, they are
deemed to be followed by the words &#8220;without limitation&#8221;;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(iv)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the words &#8220;hereof,&#8221; &#8220;herein&#8221;, and &#8220;hereunder&#8221; and words of similar import, when used in this
Agreement, refer to this Agreement as a whole and not to any particular provision of this Agreement;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(v)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>all terms defined in this Agreement have the defined meanings when used in any certificate or other document delivered or made
available pursuant hereto, unless otherwise defined therein;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(vi)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>where used with respect to information, the phrases &#8220;delivered&#8221; or &#8220;made available&#8221; shall mean that the
information referred to has been physically or electronically delivered to the relevant parties or their respective Representatives, including,
in the case of &#8220;made available&#8221; to the Purchaser, material that has been posted in a &#8220;data room&#8221; (virtual or otherwise)
established by the Seller or its Affiliates no later than one Business Day prior to the date hereof;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(vii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>references to &#8220;day&#8221; or &#8220;days&#8221; are to calendar days;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(viii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the definitions contained in this Agreement are applicable to the singular as well as the plural forms of such terms;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(ix)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>whenever words of one gender are used in this Agreement, they are deemed to include the other gender;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(x)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>references to a Person are also to its successors and permitted assigns;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(xi)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the Parties have each participated in the negotiation and drafting of this Agreement and the other Transaction Documents, and if
an ambiguity or question of interpretation should arise, this Agreement and the other Transaction Documents shall be construed as if drafted
jointly by the Parties, and no presumption or burden of proof shall arise favoring or burdening any party by virtue of the authorship
of any of the provisions in this Agreement or the other Transaction Documents;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(xii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>when calculating the period of time before which, within which, or following which any act is to be done or step taken pursuant
to this Agreement, the date that is the reference date in calculating such period shall be excluded; if the last day of such period is
not a Business Day, the period in question shall end on the next succeeding Business Day;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(xiii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>references to sums of money are expressed in lawful currency of the United States of America, and &#8220;$&#8221; refers to U.S.
dollars; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(xiv)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>for purposes of all of the representations and warranties set forth in <U>Article III</U>, all references to a &#8220;Company Entity&#8221;
shall include each predecessor entity merged into the applicable Company Entity.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notwithstanding anything to the contrary contained in the Disclosure Schedules, in this Agreement, or in the other Transaction
Document, the information and disclosures contained in any Section&nbsp;of a Disclosure Schedule&nbsp;shall be deemed to be disclosed
and incorporated by reference in each other Section&nbsp;of such Disclosure Schedule&nbsp;as though fully set forth in such other Section&nbsp;to
the extent the relevance of such information to such other Section&nbsp;is readily apparent on the face of such information or disclosure
notwithstanding the omission of a reference or a cross-reference with respect thereto and notwithstanding any reference to a Section&nbsp;of
such Disclosure Schedule&nbsp;in this Agreement. Certain items and matters are listed in the Disclosure Schedules for informational purposes
only and may not be required to be listed therein by the terms of this Agreement. In no event shall the listing of items or matters in
a Disclosure Schedule be deemed or interpreted to broaden, or otherwise expand the scope of, the representations and warranties or covenants
and agreements contained in this Agreement; provided, however, that such listing shall be deemed to be part of such representation, warranty,
covenant or agreement. No reference to, or disclosure of, any item or matter in any Section&nbsp;of this Agreement or any Section&nbsp;of
a Disclosure Schedule&nbsp;shall be construed as an admission or indication that such item or matter is material or that such item or
matter is required to be referred to or disclosed in this Agreement or in such Disclosure Schedule or establishes a measure for or further
defines the meaning of materiality. Without limiting the foregoing, no reference to, or disclosure of, a possible breach or violation
of any Contract or agreement, Law or Governmental Order shall be construed as an admission or indication that a breach or violation exists
or has actually occurred.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">Article
II<BR>
<BR>
SALE AND PURCHASE</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 2.01. <U>Sale and Purchase of Company
Interests</U>. (a)&nbsp;Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller, for good and valuable
consideration, hereby sells, assigns, transfers, conveys, and delivers to the Purchaser, and the Purchaser hereby purchases and acquires
from the Seller, all right, title, and interest in and to the Company Interests, free and clear of all Encumbrances (other than Encumbrances
on transfer imposed under applicable securities Law).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Contemporaneously with the sale and purchase of the Company Interests (but immediately after the consummation of the transactions
contemplated by <U>Section 2.01(a)</U> above), the Purchaser hereby makes a contribution of the Purchaser Capital At Risk Amount to the
Company (and the Company hereby receives, acquires, and accepts such funds).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in">The transactions set forth in <U>clauses (a)</U>
and <U>(b)</U> above shall occur contemporaneously as set forth above, and the Closing shall not be considered to have happened or occurred
until each of such transactions is consummated in accordance with its terms.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 2.02. <U>Closing</U>.&nbsp;&nbsp;Subject
to the terms and conditions of this Agreement, the implementation of the sale and purchase of the Company Interests and the other transactions
contemplated by this Agreement (the &#8220;<U>Closing</U>&#8221;) shall be effected, including the actions set forth in <U>Section 2.03</U>
and <U>Section 2.04</U>, by the exchange of documents and signatures by electronic transmission or, if such exchange is not practicable
or the Parties otherwise agree, such Closing shall be held at the offices of Shearman&nbsp;&amp;&nbsp;Sterling&nbsp;LLP, 599 Lexington
Avenue, New&nbsp;York, New&nbsp;York at 10:00&nbsp;a.m. New York time on the date hereof (the day on which the Closing takes place being
the &#8220;<U>Closing&nbsp;Date</U>&#8221;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 2.03. <U>Closing Deliveries by the Seller</U>.
At the Closing, the Seller shall deliver or cause to be delivered to the Purchaser:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>executed counterparts of each Transaction Document that is to be executed at the Closing and, in each case, to which an SPX Entity
or a Company Entity is a party;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>evidence reasonably acceptable to the Purchaser that the Company is holding the Seller Cash Contribution;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a properly completed and duly executed IRS Form W-9 of the Seller; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the Solvency Opinions.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 2.04. <U>Closing Deliveries by the Purchaser</U>.
At the Closing, the Purchaser shall deliver, or shall cause its Affiliates to deliver, to the Seller (or, at the option of the Seller,
one or more Subsidiaries designated by the Seller) executed counterparts of each Transaction Document that is to be executed at the Closing
and, in each case, to which the Purchaser or any of its Affiliates is a party.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">Article
III<BR>
<BR>
REPRESENTATIONS AND WARRANTIES<BR>
OF THE SELLER</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">The Seller hereby represents and warrants to the
Purchaser, subject to such exceptions as are disclosed in the Seller Disclosure Schedule, as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.01. <U>Organization, Authority, and
Qualification</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Seller is a corporation duly incorporated, validly existing, and in good standing under the laws of the State of Delaware and
has all necessary corporate power and authority to enter into this Agreement and the other Transaction Documents to which it is a party,
to carry out its obligations hereunder and thereunder, and to consummate the transactions contemplated hereby and thereby. The execution
and delivery by the Seller of this Agreement and the other Transaction Documents to which it is a party, the performance by the Seller
of its obligations hereunder and thereunder, and the consummation by the Seller of the transactions contemplated hereby and thereby have
been duly authorized by all requisite action on the part of the Seller. This Agreement and the other Transaction Documents to which the
Seller is a party have been duly executed and delivered by the Seller, and (assuming due authorization, execution, and delivery by the
Purchaser and each Company Entity) this Agreement and the other Transaction Documents to which the Seller is a party constitute, a legal,
valid, and binding obligation of the Seller, enforceable against the Seller in accordance with their respective terms, subject to the
effect of any applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium, or other similar Laws relating to
or affecting creditors&#8217; rights generally and subject to the effect of general principles of equity (regardless of whether considered
in a proceeding at law or in equity).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Each Company Entity is a limited liability company duly organized, validly existing, and in good standing under the laws of the
State of Delaware and has all necessary limited liability company power and authority to enter into this Agreement and the other Transaction
Documents to which it is a party, to carry out its obligations hereunder and thereunder, and to consummate the transactions contemplated
hereby and thereby. The execution and delivery by each member of the Company Entity of this Agreement and the other Transaction Documents
to which it is a party, the performance by such member of the Company Entity of its obligations hereunder and thereunder, and the consummation
by such member of the Company Entity of the transactions contemplated hereby and thereby have been duly authorized by all requisite action
on the part of such member of the Company Entity. This Agreement and the other Transaction Documents to which each member of the Company
Entity is a party have been duly executed and delivered by such member of the Company Entity, and (assuming due authorization, execution,
and delivery by the Purchaser and the Seller) this Agreement and the other Transaction Documents to which such member of the Company Entity
is a party constitute, a legal, valid, and binding obligation of such member of the Company Entity, enforceable against such member of
the Company Entity in accordance with their respective terms, subject to the effect of any applicable bankruptcy, insolvency, fraudulent
conveyance, reorganization, moratorium, or other similar Laws relating to or affecting creditors&#8217; rights generally and subject to
the effect of general principles of equity (regardless of whether considered in a proceeding at law or in equity). <U>Section 3.01(b)</U>
of the Seller Disclosure Schedule sets forth a list of all states and jurisdictions in which each Company Entity is qualified or licensed
to do business as of the date hereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>True, correct and complete copies of the organizational documents of each Company Entity as in effect on the date of this Agreement
have been made available to the Purchaser. No Company Entity is in violation of any provision of its organizational documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.02. <U>Ownership of Company Interests</U>.
(a) The Seller is the record and beneficial owner of all of the Company Interests, free and clear of all Encumbrances other than restrictions
imposed by applicable securities Laws, and there are no other issued or outstanding equity interests of the Company. Upon transfer of
the Company Interests to the Purchaser at the Closing in accordance with this Agreement, good and valid title to the Company Interests
will pass to the Purchaser, free and clear of any Encumbrances other than restrictions imposed by applicable securities Laws. All of
the Company Interests have been duly authorized and validly issued, and are fully paid and non-assessable, and none of the Company Interests
have been issued in violation of any Law or any of the Company&#8217;s organizational documents or in violation of, and none of the Company
Interests are subject to, any preemptive or subscription rights, rights of first offer, rights of first refusal, purchase options, call
options or similar rights.</P>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Company or a Subsidiary of the Company is the record and beneficial owner of all of the equity interests in each of Marley-Wylain
and SPXCT, free and clear of all Encumbrances other than restrictions imposed by applicable securities Laws, and there are no other issued
or outstanding equity interests in Marley-Wylain or SPXCT. All of equity interests in each of Marley-Wylain and SPXCT have been duly authorized
and validly issued, and are fully paid and non-assessable, and none of the equity interests in Marley-Wylain or SPXCT have been issued
in violation of any Law or any organizational documents of such Company Entity, and none of the equity interests in Marley-Wylain or SPXCT
are subject to, any preemptive or subscription rights, rights of first offer, rights of first refusal, purchase options, call options
or similar rights.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>(i) No Company Entity has issued or granted or is bound by any outstanding options, equity&#45;based awards, equity&#45;linked
securities, phantom equity, warrants, puts, calls, subscription rights, preemptive rights, rights of first refusal, redemption rights
or securities convertible or exchangeable into equity securities of any Company Entity and (ii)&nbsp;no Company Entity is a party or subject
to any Contract obligating such Company Entity to (A)&nbsp;issue, transfer or sell any equity interests of such Company Entity or securities
convertible into or exchangeable or exercisable for such equity interests, (B)&nbsp;issue, grant or be bound by any options, equity&#45;based
awards, equity&#45;linked securities, phantom equity, warrants, puts, calls, subscription rights, preemptive rights, rights of first refusal,
redemption rights or securities convertible or exchangeable into equity securities of such Company Entity or (C)&nbsp;redeem, repurchase
or otherwise acquire any equity securities of such Company Entity.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Neither Seller nor any Company Entity are parties to any Contract that restricts the transfer of, that relates to (or that provides
a proxy for) the voting of, or that provides registration rights in respect of, the equity interests of any Company Entity. There are
no bonds, debentures, notes or other Indebtedness of any Company Entity having the right to vote (or convertible into, or exchangeable
for, securities having the right to vote) on any matters on which equity holders of any Company Entity may vote.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Company does not own any capital stock or equity interests of any Person other than Marley-Wylain and SPXCT, and Marley-Wylain
and SPXCT do not own any capital stock, equity interests, or securities or rights convertible into or exchangeable or exercisable for
such equity interests of any other Person.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.03. <U>No Conflict</U>. Assuming that
all consents, approvals, authorizations, and other actions described in <U>Section&nbsp;3.04</U> below or set forth in <U>Section 3.04</U>
of the Seller Disclosure Schedule have been obtained, all filings and notifications listed in <U>Section 3.04</U> below or in <U>Section 3.04</U> of the Seller Disclosure Schedule have been made, any applicable waiting period has
expired or been terminated, the execution, delivery, and performance by the Seller or any Company Entity of this Agreement, and the execution,
delivery and performance by the applicable Company Entity of each other Transaction Document, do not, and the consummation of the transactions
contemplated hereby or thereby does not, (a)&nbsp;violate, conflict with, or result in the breach of, any provision of the certificate
of incorporation or bylaws of the Seller or any organizational documents of any Company Entity, (b)&nbsp;conflict with, or violate, any
Permit held by or issued to the Seller or any Company Entity or any Law or Governmental Order applicable to the Seller or any other Company
Entity or any of their respective properties or assets, (c)&nbsp;result in the creation of any Encumbrance upon any assets of, or used
by, any Company Entity or any of their equity interests (including the Company Interests), or (d) conflict with, result in any breach
of, constitute a default or violation (or an event which, with the giving of notice or lapse of time, or both, would become a default)
under, require any consent under, or give to others any rights of termination, acceleration, revocation, increase of any obligation, suspension
or cancellation of, any Material Contract to which the Seller is a party except, in the case of <U>clauses (b)</U> and <U>(c)</U>, as
would not (i)&nbsp;materially and adversely affect the ability of the Seller to carry out its obligations under, and to consummate the
transactions contemplated by, this Agreement, or (ii)&nbsp;otherwise be material and adverse to the Company Group, taken as a whole.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.04. <U>Governmental Consents and Approvals</U>.
The execution, delivery, and performance by the Seller or any Company Entity of this Agreement, and the execution, delivery and performance
by the applicable Company Entity of each other Transaction Document, do not, and the consummation of the transactions contemplated hereby
or thereby does not, require any consent, approval, authorization, or other order or declaration of, action by, filing with, or notification
to, any Governmental Authority, other than (a) where the failure to obtain such consent, approval, authorization, or action, or to make
such filing or notification, would not prevent or materially delay the consummation by the Seller of the transactions contemplated by
this Agreement or would not be material and adverse to the Company Group, taken as a whole, or (b) as a result of any facts or circumstances
relating to the Purchaser or any of its Affiliates.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.05. <U>Company Accounts</U>. A true,
correct, and complete copy of the unaudited consolidated pro forma balance sheet of the Company and the other Company Entities as of September
3, 2022 is set forth in <U>Section 3.05</U> of the Seller Disclosure Schedule (the &#8220;<U>Company Accounts</U>&#8221;). Except as set
forth on <U>Section 3.05</U> of the Seller Disclosure Schedule, the Company Accounts (a) have been derived from the accounting books and
records of the Company Entities, (b) have been prepared in accordance with GAAP, and (c) fairly present, in all material respects, the
assets and liabilities and profits and losses of the Company as of the date indicated.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.06. <U>Absence of Certain Changes or
Events</U>. (a) Except as set forth on <U>Section 3.06(a)</U> of the Seller Disclosure Schedule, since August 16, 2022, none of the Company
Entities (i) has conducted any material business or operations other than with respect to the management of Asbestos Claims in the ordinary
course of business consistent with past practices, management of insurance matters in the ordinary course of business consistent with
past practices (including tendering claims and administration of collections), and actions, approvals, and filings to effectuate the
Reorganization Transactions, (ii) has or has incurred any Liabilities other than in respect of Asbestos-Related Claims and the administration
of the same, (iii) has assigned, transferred, sold, pledged or otherwise encumbered or disposed of any material asset or (iv) has waived
any material rights, remedies or defenses with respect to any Assumed Liabilities or any claim of material value.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Seller and each Affiliate of the Seller that was a party to the Reorganization Transactions had all requisite power and authority to execute
and deliver the Reorganization Documents, to perform its obligations thereunder, and to consummate the Reorganization Transactions. The
execution, delivery, and performance by the Seller and such Affiliates of the Seller of the Reorganization Transactions was duly authorized
by all necessary corporate or other legal entity action.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.07. <U>Compliance with Laws</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 9pt; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Other than with respect to Asbestos Claims and Assumed Environmental Liabilities, the Company Entities (i) are, and have been since
January 1, 2018, in compliance in all material respects with all applicable Laws, and (ii) are not subject to any unsatisfied Governmental
Order, judgment, injunction, ruling, decision, award, or decree of any Governmental Authority imposing any material outstanding liability
or obligation or ongoing equitable or injunctive relief that restricts, in any material respect, the current business or activities of
the Company Entities.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 9pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Except with respect to Asbestos Claims or the Assumed Environmental Liabilities, there are no Actions (i)&nbsp;pending or to the
Knowledge of the Seller, threatened in writing against or affecting any Company Entity or any of its assets, rights or properties; or
(ii)&nbsp;initiated or threatened in writing by or on behalf of any Company Entity.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 9pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Reorganization Transactions did not, and do not, violate any applicable Law in any material respect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 9pt; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>None of the Company Entities hold any material governmental license, waiver, permits, certificates, registrations or authorizations.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.08. <U>Employee Matters</U>. (a)&nbsp;There
are no individuals employed by the Company Entities as of the date of this Agreement. The Company Entities are not parties to or otherwise
bound by any collective bargaining agreement or other contract or agreement with any labor organization, labor union, or other similar
representative.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the Company Entities sponsors, maintains, contributes to (or has a requirement to contribute to) any Plans, including any (i) &#8220;defined
benefit plan&#8221; (as defined in Section 3(35) of ERISA) or a plan that is or was subject to Title IV of ERISA or Section 412 or 430
of the Code, or (ii) &#8220;multiemployer plan&#8221; (as defined in Section 3(37) of ERISA).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
the execution and delivery of this Agreement or any other Transaction Document nor the transactions contemplated herein or therein (either
alone or in combination with any other event) will (i) result in any payment becoming due to any former director, manager, officer, employee
or individual independent contractor of any Company Entity or (ii) result in the acceleration of the time of payment, vesting or funding
or the forfeiture of any benefits or compensation provided to or payable to any former director, manager, officer, employee or individual
independent contractor of any Company Entity, in each case, with respect to which a Company Entity shall have any liabilities or obligations
at and following the Closing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
the Reorganization Transactions nor the transactions contemplated hereby resulted in or will result in any Liability becoming owed by
any Company Entity to any former employee, independent contractor, director, manager, officer or agent of any Company Entity, whether
pursuant to any Contract, policy, benefit or pension plan, Law or any other arrangement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.09. <U>Affiliate Transactions</U>. No
SPX Entity (a) has entered into any Contract with any member of the Company Group, (b) has borrowed money from or loaned money to any
member of the Company Group, (c) has any claim or cause of action against any member of the Company Group, or (d) owns, leases, or has
any economic or other right, license, title, or interest in or to any asset, that is owned, used, or held for use by or necessary or material
to the operation of the business of any member of the Company Group as currently conducted. Upon the consummation of the transactions
contemplated herein, there will be no outstanding or unsatisfied liabilities or obligations of any kind (including intercompany accounts,
notes, guarantees, loans, or advances) between any member of the Company Group, on the one hand, and an SPX Entity, on the other hand,
other than this Agreement and the Specified Reorganization Documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.10. <U>Taxes</U>. (a)&nbsp;All income
and other material Tax Returns required to have been filed by any member of the Company Group have been timely filed (taking into account
any extension of time to file granted or obtained), and such Tax Returns have been true and complete in all material respects.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>All Taxes that have become due and payable by any member of the Company Group (whether or not shown on any Tax Return as owing)
have been timely paid and the members of the Company Group have withheld and timely remitted to the appropriate Governmental Authority
all Taxes required to have been withheld and remitted in connection with amounts paid or owing to any employee, independent contractor,
creditor, stockholder or other Person.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>No examination, audit, claim, assessment, levy, administrative, or judicial proceeding by any Governmental Authority to which any
member of the Company Group is a party is currently in progress, and, to the Seller&#8217;s Knowledge, no such examination, audit, claim,
assessment, levy, administrative, or judicial proceeding has been threatened in writing, which threatened claim has not been resolved
or settled in full.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>None of the members of the Company Group is a party to any Tax allocation or Tax sharing agreement with any Person (other than
any commercial agreement entered into in the ordinary course of business the principal subject matter of which is not Taxes), and after
the Closing Date, none of the members of the Company Group will be bound by any such agreement or similar arrangement entered into prior
to the Closing Date or will have any unsatisfied liability thereunder for any amounts due in respect of periods prior to the Closing Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Other than with respect to a consolidated, combined, unitary, or affiliated Tax group of which the Seller or any of its Affiliates
is a member, none of the members of the Company Group has extended or waived any statute of limitations in respect of material Taxes or
agreed to any extension of time with respect to any material Tax assessment or deficiency (other than an automatic extension arising as
a result of a member of the Company Group obtaining an extension of time to file a Tax Return).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>There are no Encumbrances for Taxes (other than Permitted Encumbrances) upon any of the assets of any member of the Company Group.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>None of the members of the Company Group have received written notice of any claim, and, to the Seller&#8217;s Knowledge, no claim
has ever been made, by any Governmental Authority in a jurisdiction where such member of the Company Group does not file Tax Returns that
it is or may be subject to taxation by that jurisdiction, which has not been resolved or settled in full.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(h)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Within the last two (2) years, none of the members of the Company Group have distributed stock of another Person or had its stock
distributed by another Person, in each case, in a transaction that was purported or intended to be governed in whole or in part by Section
355 or Section 361 of the Code.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>None of the members of the Company Group has participated in a &#8220;listed transaction&#8221; within the meaning of Treasury
Regulations Section 1.6011-4(b) (or any similar provision of state, local or non-U.S. Law).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(j)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Other than with respect to a consolidated, combined, unitary, or affiliated Tax group of which the Seller or any of its Affiliates
is a member, none of the members of the Company Group (i)&nbsp;is or has been a member of a group filing a consolidated, combined, affiliated,
unitary or similar income Tax Return and (ii)&nbsp;has any liability for Taxes of any Person (other than a member of the Company Group)
as a transferee or successor or otherwise by operation of Law.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(k)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>None of the members of the Company Group will be required to include a material item of income (or exclude a material item of deduction)
in any Post-Closing Period as a result of (i)&nbsp;a change in, or use of an improper, method of accounting for a taxable period (or portion
thereof) ending on or before to the Closing Date, (ii)&nbsp;an installment sale or open transaction arising in a taxable period (or portion
thereof) ending on or before the Closing Date, (iii)&nbsp;a prepaid amount received, or paid, or deferred revenue accrued on or prior
to the Closing Date, (iv)&nbsp;a&nbsp;&#8220;closing agreement&#8221; as described in Section&nbsp;7121 of the Code (or any similar provision
of state, local or non&#45;U.S. Law) executed on or prior to the Closing Date, (v)&nbsp;any intercompany transactions or any excess loss
account described in Treasury Regulations under Section&nbsp;1502 of the Code (or any similar provision of state, local or non&#45;U.S.
Law) with respect to a transaction occurring on or prior to the Closing Date or (vi) the application of Section 951 or Section 951A of
the Code with respect to income earned or recognized or payments received on or prior to the Closing Date (regardless of when such income
is taken into account for Tax purposes). No member of the Company Group will be required to make any payment after the Closing Date as
a result of an election under Section&nbsp;965 of the Code.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(l)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>No member of the Company Group has (i)&nbsp;elected to defer the payment of any &#8220;applicable employment taxes&#8221; (as defined
in Section&nbsp;2302(d)(1) of the CARES Act) pursuant to Section&nbsp;2302 of the CARES Act, (ii)&nbsp;deferred any payment of Taxes (including
withholding Taxes) pursuant to IRS Notice 2020&#45;65 or any related or similar order or declaration from any Governmental Authority (including
the Presidential Memorandum, dated August&nbsp;8,&nbsp;2020, issued by the President of the United States), or (iii)&nbsp;claimed any
&#8220;employee retention credit&#8221; pursuant to Section&nbsp;2301 of the CARES Act.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(m)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Company properly elected to be treated as a C corporation effective as of October 28, 2022 (the &#8220;<U>Check the Box Election</U>&#8221;),
and will be so treated and classified as of the Closing Date. The U.S. tax classification of the other members of the Company Group is
set forth on <U>Section 3.10(m)</U> of the Seller Disclosure Schedule.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(n)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>No member of the Company Group is engaged in or has been engaged in a trade or business through a &#8220;permanent establishment&#8221;
within the meaning of an applicable income Tax treaty or otherwise has a taxable presence in any country other than its country of incorporation.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(o)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>No member of the Company Group is, has been, or will be, a &#8220;United States real property holding corporation&#8221; within
the meaning of Section 897 of the Code during the five-year period ending on the Closing Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(p)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>No member of the Company Group has submitted a request for a private letter ruling or any other request for a ruling or similar
relief with any taxing authority that may impact Taxes of any member of the Company Group.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(q)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notwithstanding anything in this Agreement to the contrary, the Seller makes no representation or warranty, directly or indirectly,
regarding (i) any Taxes of the Company Entities for any Post-Closing Period (other than the representations (l) and (k) made in this <U>Section
3.10</U>) or (ii) the availability of any tax attributes of any member of the Company Group arising in any Pre-Closing Period (including
any loss, loss carryforward, credit carryforward, prepaid Tax or refund, Tax basis, any net operating loss carryforwards, or capital loss
carryforwards) to offset any taxable income or gain relating to a Post-Closing Period.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(r)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notwithstanding anything in this Agreement to the contrary, the representations contained in <U>Section 3.08</U> and this <U>Section
3.10</U> constitute the sole representations and warranties being made by the Seller in this Agreement with respect to Taxes.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.11. <U>Material Contracts</U>. (a)
<U>Section&nbsp;3.11(a)</U>&nbsp;of the Seller Disclosure Schedule sets forth a true, correct and complete&nbsp;list each of the following
Contracts, in each case in effect as of the date of this Agreement (such Contracts, and any Contracts required to be listed on <U>Section&nbsp;3.11(a)</U>&nbsp;of
the Seller Disclosure Schedule, being &#8220;<U>Material Contracts</U>&#8221;):</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Contracts that provide for legal and case management services with respect to Asbestos Claims or Asbestos-Related Liabilities&#894;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Contracts that are engagement letters with law firms or other professional advisors of the Company Entities, or Contracts with
any supplier, vendor or other service provider, in each case, with annual payments in excess of $50,000;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(iii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Joint venture or partnership Contracts;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(iv)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Contracts that are settlements, conciliation or other similar agreements (A) with respect to any Assumed Environmental Liabilities,
(B) with any Governmental Authority that has any outstanding liability or obligation after the Closing Date, (C) pursuant to which a Company
Entity will have outstanding liability or obligation after the Company Group or (D) that impose any equitable or injunctive relief that
restricts the current business or activities of any Company Entity;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(v)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Contracts of the Company Entities (A) related to the incurrence of any Indebtedness, including any accrued but unpaid interest
thereon and any cost or penalty associated with prepaying any such Indebtedness, and including any such obligations evidenced by bonds,
debentures, notes, or similar obligations or any guarantee of the foregoing, (B) granting an Encumbrance or restricting the granting of
Encumbrances on any property or asset of any Company Entity, (C) providing for interest or currency hedging, derivatives or similar Contracts
or (D) restricting payment of dividends or any distributions in respect of the equity interests of any Company Entity;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(vi)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Contracts that relate to material Intellectual Property licensed to any Company Entity, other than non&#45;exclusive licenses entered
into in the ordinary course of business with an aggregate value of less than $75,000;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(vii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Contracts under which any Company Entity (A)&nbsp;leases or subleases any real property from any other Person or (B)&nbsp;leases
from any other Person any material equipment or other material tangible personal property;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(viii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Contracts involving the sale or purchase of material assets or properties (including capital stock) of any Person other than the
purchase of assets in the ordinary course of business consistent with past practices, or a merger, consolidation, business combination,
or similar extraordinary transaction, in each case which are currently pending or under which there are payment obligations that are still
in effect; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1in">(ix)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Contracts requiring the disposition of any material assets (including capital stock), other than dispositions of obsolete equipment
and assets in the ordinary course of business consistent with past practices.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Each Material Contract, as of the date of this Agreement, is valid and binding on the applicable SPX Entity or Company Entity and,
to the Knowledge of the Seller, the counterparty thereto, and is in full force and effect and is enforceable against the parties thereto,
subject to the effect of any applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium, or other similar Laws
relating to or affecting creditors&#8217; rights generally and subject to the effect of general principles of equity (regardless of whether
considered in a proceeding at law or in equity). Each Material Contract shall continue in full force and effect after Closing on the terms
and conditions as in effect immediately prior to Closing, and no event or condition exists which constitutes or, after notice or lapse
of time or both, would or does constitute a material breach or material default on the part of any Company Entity under any Material Contract
or, to the Knowledge of Seller, any other party thereto. As of the date of this Agreement, no SPX Entity or Company Entity or, to the
Knowledge of the Seller, any other party thereto, is in breach, in any material respect, of, or default, in any material respect, under,
any Material Contract to which it is a party. The Seller has made available to the Purchaser true, correct and complete copies of each
Material Contract, including any schedules, exhibits and amendments thereto. No Company Entity is or has been in a material dispute with
a counterparty to a Material Contract, and no Company Entity has received written notice from any other party to a Material Contract that
such other party intends to modify, renew on materially different terms, terminate or fail to renew any such Material Contract.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.12. <U>Real Property</U>). Other than
the Owned Real Property, the Company Entities do not own any real property, interests in real property or any options to acquire real
property or interests therein. A Company Entity has good and marketable indefeasible fee simple title to the Owned Real Property, free
and clear of all Liens other than Permitted Liens. With respect to the Owned Real Property: (i) there are no actions in eminent domain
or other similar customs pending or, to the Knowledge of the Seller, threatened, with respect to the Owned Real Property; (ii) the present
use and operation (or nonuse and absence of operations) of the Owned Real Property does not violate in any material respect any instrument
of record or agreement affecting the Owned Real Property; (iii) neither the Seller or any other SPX Entity nor any Company Entity has
received any notice of violation or claimed violation of any applicable building, zoning, subdivision and other land use or similar Law
in connection with the Owned Real Property, except for any notice of violation or claimed violation that would not be material to the
Company Entities; (iv) the Company Entities are not obligated under any option, right of first refusal or other Contract to sell or dispose
of the Owned Real Property, or any portion thereof or interest therein; (v) there are no Contracts to which any SPX Entity or Company
Entity is a party granting to any Person other than the applicable Company Entity, the right to use or occupy of any portion of the Owned
Real Property; and (vi) there are no Persons other than the applicable Company Entity in possession of the Owned Real Property.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.13. <U>Asbestos Claims</U>. (a) To
the Knowledge of the Seller, from January 1, 2018 through August 31, 2022, all Asbestos Claims that have been received by the Company
Entities through due service of process on the applicable Company Entity are provided to the Claims Database for inclusion therein. Since
August 31, 2022, there are no Asbestos Claims served on the Company Entities and pending or, to the Knowledge of the Seller, threatened
in writing against any Company Entity, in each case, that have not been included in the Claims Database and processed in accordance with
the past practice of the Company Entities. To the Knowledge of the Seller, there are no demands for arbitration or mediation with respect
to Asbestos Claims that are not reflected in the Claims Database.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Section
3.13(b)</U> of the Seller Disclosure Schedule sets forth the amounts of any settlements of, or Governmental Orders with respect to, Asbestos
Claims that have been settled, enforced, agreed upon, or entered into from January 1, 2018 through August 31, 2022 (presented in aggregate
amounts by calendar year and indicating the aggregate amount by calendar year the applicable Company Entity or a SPX Historical Party
has already paid).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Seller has provided to the Purchaser a true, correct and complete copy of the final versions of the reports set forth on <U>Section 3.13(c)</U>
of the Seller Disclosure Schedule (the &#8220;<U>Reports</U>&#8221;), and all material attachments, addenda, supplements, and modifications
thereto. To the Seller&#8217;s Knowledge, all written information and data furnished directly by Seller and its Affiliates for use in
the final version of the Reports were accurate in all material respects at the time they were provided.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything in this Agreement to the contrary, the representations contained in <U>Section 3.06(a)(i)</U>, <U>Section 3.11(a)(i)</U>, in
this <U>Section 3.13</U> and <U>Section 3.14</U> constitute the sole representations and warranties being made by the Seller in this Agreement
with respect to Asbestos Claims.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.14. <U>Insurance Coverage</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Section 3.14(a)(i)</U> of the Seller Disclosure Schedule identifies all insurance policies, insurance coverage in place agreements,
insurance settlement agreements, and any other agreements (specifying the insurer, the policy number and the period of coverage) that
are carried by, or maintained on behalf of, a Company Entity or that have a reasonable prospect of providing insurance coverage with respect
to Asbestos-Related Liabilities (each such policy or agreement required to be set forth in <U>Section 3.14(a)</U> of the Seller Disclosure
Schedule, an &#8220;<U>Insurance Policy</U>&#8221;). All material pending claims for payment made against Insurance Policies are contained
in the Claims Database.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 9pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>To the extent within the possession or control of the Seller or the Company Entities, true, correct and complete copies of the
Insurance Policies have been made available to the Purchaser.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Except: (i) as set forth in a settlement agreement in respect of an Insurance Policy; (ii) in respect of the resolution of any
claim against an insolvent insurer or an insurer otherwise under regulatory supervision, or otherwise in respect of the liquidation, insolvency,
or regulatory action against an insurer; and (iii) on account of the exhaustion or impairment of potentially-applicable limits of liability,
each Insurance Policy is in full force and effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The execution, delivery and performance of this Agreement and each other Transaction Document by the Seller and/or each Company
Entity, as applicable, do not, and the consummation of the transactions contemplated hereby or thereby does not, with or without notice,
lapse of time or both, conflict with or result in any breach of, constitute a default under, result in a violation in any material respect
of, result in the acceleration of or create in any Person the right to terminate or cancel any Insurance Policy.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>To the Knowledge of Seller, no insurer has claimed in writing provided to any Company Entity or any of its Affiliates that any
Insurance Policy is void or voidable or has been terminated or rescinded.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notwithstanding anything in this Agreement to the contrary, the representations contained in <U>Section 3.06(a)(i)</U> and this
<U>Section 3.14</U> constitute the sole representations and warranties being made by the Seller in this Agreement with respect to insurance
policies and the other agreements listed in <U>Section 3.14(a)</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.15. <U>Brokers</U>. Except for Nomura
Securities International Inc. (the fees, compensation, costs and expenses of which shall be paid by the Seller), no broker, finder, or
investment banker is entitled to any brokerage, finder&#8217;s, or other fee or commission in connection with the transactions contemplated
by this Agreement or the other Transaction Documents based upon arrangements made by or on behalf of the Seller or any Company Entity.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 3.16. <U>Disclaimer of the Seller</U>.
(a) EXCEPT AS EXPRESSLY SET FORTH IN THIS <U>ARTICLE III</U> (AND IN THE SELLER DISCLOSURE SCHEDULES) AND NOTWITHSTANDING ANYTHING HEREIN
TO THE CONTRARY, NONE OF THE SELLER OR ITS REPRESENTATIVES MAKES OR HAS MADE ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AT LAW
OR IN EQUITY, IN RESPECT OF THE COMPANY GROUP OR THE ASSUMED LIABILITIES. EXCEPT AS EXPRESSLY SET FORTH IN THIS <U>ARTICLE III</U> (AND
IN THE SELLER DISCLOSURE SCHEDULES) AND NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, THE SELLER AND ITS REPRESENTATIVES HAVE NOT
MADE ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AT LAW OR IN EQUITY, WITH RESPECT TO (I) MERCHANTABILITY OR FITNESS FOR ANY
PARTICULAR USE OR PURPOSE AND ALL OTHER WARRANTIES ARISING UNDER THE UNIFORM COMMERCIAL CODE (OR SIMILAR LAWS), (II) ANY PROJECTIONS,
ESTIMATES, PROSPECTS, FORECASTS, PLANS, AND BUDGET INFORMATION FURNISHED BY THE SELLER OR ITS REPRESENTATIVES (INCLUDING THE REASONABLENESS
OF THE ASSUMPTIONS UNDERLYING SUCH PROJECTIONS, ESTIMATES, PROSPECTS, FORECASTS, PLANS, AND BUDGET INFORMATION), (III) THE OPERATIONS
OF THE COMPANY GROUP AFTER THE CLOSING, OR (IV) THE PROBABLE FINANCIAL CONDITION OF THE COMPANY GROUP AFTER THE CLOSING, AND ANY SUCH
REPRESENTATION OR WARRANTY IS HEREBY EXPRESSLY DISCLAIMED. THE PURCHASER ACKNOWLEDGES AND AGREES THAT PAYMENTS WITH RESPECT TO THE ASBESTOS
CLAIMS MAY BE MATERIALLY GREATER THAN ANY AMOUNTS SET FORTH IN THE CONFIDENTIAL INFORMATION MEMORANDUM, THE REPORTS, THE COMPANY ACCOUNTS,
AND OTHER MATERIALS THAT MAY HAVE BEEN PROVIDED TO (OR DISCUSSED WITH) THE PURCHASER OR ITS REPRESENTATIVES, INCLUDING ANY MATERIALS
IN THE DATA ROOM. THE PURCHASER ACKNOWLEDGES AND AGREES THAT THE AMOUNT (IF ANY) THAT MAY BE COLLECTIBLE UNDER (OR OTHERWISE OBTAINABLE
IN CONNECTION WITH) ANY OF THE INSURANCE POLICIES MAY BE MATERIALLY LESS THAN ANY AMOUNTS SET FORTH IN THE CONFIDENTIAL INFORMATION MEMORANDUM,
THE REPORTS, THE COMPANY ACCOUNTS, AND OTHER MATERIALS THAT MAY HAVE BEEN PROVIDED TO (OR DISCUSSED WITH) THE PURCHASER OR ITS REPRESENTATIVES,
INCLUDING ANY MATERIALS IN THE DATA ROOM. THE PURCHASER ACKNOWLEDGES AND AGREES THAT THE REPRESENTATIONS AND WARRANTIES OF THE SELLER
SET FORTH IN <U>ARTICLE III</U> DO NOT, AND SHALL NOT BE DEEMED TO, (I) LIMIT THE COMPANY ENTITIES&#8217; INDEMNIFICATION OF THE SELLER
FOR ASBESTOS CLAIMS, OR (II) REQUIRE THE SELLER OR ANY OF ITS AFFILIATES TO INDEMNIFY ANY PURCHASER INDEMNIFIED PARTY FOR ANY ASBESTOS
CLAIMS.&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EXCEPT AS
EXPRESSLY SET FORTH IN THIS <U>ARTICLE III</U> (AND IN THE SELLER DISCLOSURE SCHEDULES) AND NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY,
NONE OF THE SELLER OR ITS REPRESENTATIVES HAVE, OR ARE SUBJECT TO, ANY LIABILITY OR INDEMNIFICATION OBLIGATION TO THE PURCHASER, ITS REPRESENTATIVES,
OR TO ANY OTHER PERSON RESULTING FROM THE DISTRIBUTION TO THE PURCHASER OR ITS REPRESENTATIVES, OR THE PURCHASER&#8217;S OR ITS REPRESENTATIVES&#8217;
USE OF, ANY INFORMATION RELATING TO THE COMPANY GROUP, INCLUDING THE CONFIDENTIAL INFORMATION MEMORANDUM AND ANY INFORMATION, DOCUMENTS,
PROJECTIONS, ESTIMATES, PROSPECTS, FORECASTS, PLANS, OR BUDGET INFORMATION (INCLUDING THE ASSUMPTIONS UNDERLYING SUCH PROJECTIONS, ESTIMATES,
PROSPECTS, FORECASTS, PLANS, AND BUDGET INFORMATION), OFFERING MATERIALS OR OTHER MATERIALS MADE AVAILABLE TO THE PURCHASER OR ITS REPRESENTATIVES
OR POTENTIAL FINANCING SOURCES, WHETHER ORALLY OR IN WRITING, IN CERTAIN &#8220;DATA ROOMS,&#8221; MANAGEMENT PRESENTATIONS, FUNCTIONAL
&#8220;BREAK-OUT&#8221; DISCUSSIONS, &#8220;EXPERT SESSIONS,&#8221; DILIGENCE CALLS OR MEETINGS, RESPONSES TO QUESTIONS SUBMITTED ON BEHALF
OF THE PURCHASER OR ITS REPRESENTATIVES, OR IN ANY OTHER FORM IN CONNECTION WITH THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT AND THE
OTHER TRANSACTION DOCUMENTS.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">Article
IV<BR>
<BR>
REPRESENTATIONS AND WARRANTIES<BR>
OF THE PURCHASER</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">The Purchaser hereby represents and warrants to
the Seller as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 4.01. <U>Organization, Authority and Qualification
of the Purchaser</U>. The Purchaser is a limited liability company duly organized, validly existing, and in good standing under the laws
of the State of Delaware and has all necessary limited liability company power and authority to enter into this Agreement and the other
Transaction Documents to which it is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions
contemplated hereby and thereby. The execution and delivery by the Purchaser of this Agreement and the other Transaction Documents to
which it is a party, the performance by the Purchaser of its obligations hereunder and thereunder and the consummation by the Purchaser
of the transactions contemplated hereby and thereby have been duly authorized by all requisite action on the part of the Purchaser. This
Agreement and the other Transaction Documents to which the Purchaser is a party have been duly executed and delivered by the Purchaser,
and (assuming due authorization, execution, and delivery by the Seller and each applicable SPX Entity and Company Entity) this Agreement
and each of the other Transaction Documents to which the Purchaser is a party constitute a legal, valid, and binding obligation of the
Purchaser, enforceable against the Purchaser in accordance with their respective terms, subject to the effect of any applicable bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium, or other similar Laws relating to or affecting creditors&#8217; rights
generally and subject to the effect of general principles of equity (regardless of whether considered in a proceeding at law or in equity).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 4.02. <U>No Conflict</U>. Assuming that
all consents, approvals, authorizations, and other actions described in <U>Section&nbsp;4.03</U> below, all filings and notifications
listed in <U>Section&nbsp;4.03</U> below have been made, any applicable waiting period has expired or been terminated, the execution,
delivery and performance by the Purchaser of this Agreement, do not (a)&nbsp;violate, conflict with or result in the breach of, any provision
of the certificate of formation or operating agreement of the Purchaser, (b)&nbsp;conflict with or violate any Law or Governmental Order
applicable to the Purchaser, or (c)&nbsp;conflict with, result in any breach of, constitute a default (or an event which, with the giving
of notice or lapse of time, or both, would become a default) under, require any consent under, or give to others any rights of termination,
acceleration or cancellation of, any note, bond, mortgage or indenture, contract, agreement, lease, sublease, license, permit, franchise,
or other instrument or arrangement to which the Purchaser is a party, except, in the case of <U>clauses (b)</U>&nbsp;and <U>(c)</U>, as
would not materially and adversely affect the ability of the Purchaser to carry out its obligations under, and to consummate the transactions
contemplated by, this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 4.03. <U>Governmental Consents and Approvals</U>.
The execution, delivery, and performance by the Purchaser of this Agreement does not require any consent, approval, authorization, or
other order or declaration of, action by, filing with, or notification to, any Governmental Authority, other than where the failure to
obtain such consent, approval, authorization, or action, or to make such filing or notification, would not prevent or materially delay
the consummation by the Purchaser of the transactions contemplated by this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 4.04. <U>Investment Purpose</U>. The
Purchaser is acquiring the Company Interests solely for the purpose of investment and not with a view to, or for offer or sale in connection
with, any distribution thereof other than in compliance with all applicable Laws, including United States federal securities Laws. The
Purchaser agrees that the Company Interests 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. The Purchaser is able to bear the economic risk of holding the Company Interests for an indefinite
period (including total loss of its investment), and (either alone or together with its advisors) has sufficient knowledge and experience
in financial and business matters so as to be capable of evaluating the merits and risk of its investment.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 4.05. <U>Funding; Solvency</U>. (a) The
Purchaser has available on the Closing Date all funds necessary to (i) pay any fees and expenses payable by the Purchaser in connection
with the transactions contemplated hereby and by any other Transaction Document, and (ii)&nbsp;satisfy any of its other payment obligations
hereunder and under any other Transaction Document.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Assuming the representations and warranties of the Seller contained in this Agreement are true and correct at and immediately after
Closing, upon the consummation of the transactions contemplated by this Agreement and the other Transaction Documents, (i)&nbsp;the Purchaser
will not be insolvent, (ii)&nbsp;the Purchaser will not be left with unreasonably small capital, (iii)&nbsp;the Purchaser will not have
incurred debts or other Liabilities beyond its ability to pay such debts or other Liabilities as they mature, and (iv)&nbsp;the capital
of the Purchaser will not be impaired.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 4.06. <U>Litigation</U>. As of the date
of this Agreement, there is no litigation, proceeding or claim by or against the Purchaser or any of its Affiliates pending or, to the
knowledge of the Purchaser, threatened in writing, before any Governmental Authority, which would materially and adversely affect the
legality, validity or enforceability of this Agreement or would prevent or materially delay the consummation of the transactions contemplated
hereby.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 4.07. <U>Brokers</U>. No broker, finder,
or investment banker is entitled to any brokerage, finder&#8217;s, or other fee or commission in connection with the transactions contemplated
by this Agreement or the other Transaction Documents based upon arrangements made by or on behalf of the Purchaser.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 4.08. <U>Independent Investigation; Seller&#8217;s
Representations</U>. (a) The Purchaser has conducted to its satisfaction its own independent
investigation, review, and analysis of the business, operations, assets, Liabilities, results of operations, financial condition, software,
technology, and prospects of the Company Group, which investigation, review, and analysis was performed by the Purchaser and its Representatives.
The Purchaser acknowledges that it and its Representatives have been provided adequate access to the personnel, properties, facilities,
and records of the Company Group for such purpose. In entering into this Agreement and proceeding with the transactions contemplated by
this Agreement, the Purchaser acknowledges that it has relied solely upon the aforementioned investigation, review, and analysis and has
not relied on or been induced by any statements, representations, or opinions of the Seller or any of its Representatives (except the
specific representations and warranties of the Seller set forth in <U>Article&nbsp;III</U> (and in the Seller Disclosure Schedules)).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Purchaser hereby acknowledges and agrees that notwithstanding anything herein to the contrary (i) none of the Seller or its
Representatives makes or has made any representation or warranty, express or implied, at law or in equity, (A) in respect of the Company
Group or the Assumed Liabilities, other than the specific representations and warranties set forth in <U>Article&nbsp;III</U> (and in
the Seller Disclosure Schedules), or (B) other than the specific representations and warranties set forth in <U>Article III </U>(and in
the Seller Disclosure Schedules), with respect to (w) merchantability or fitness for any particular use or purpose and all other warranties
arising under the Uniform Commercial Code (or similar Laws), (x) any projections, estimates, prospects, forecasts, plans, and budget information
furnished by the Seller or its Representatives (including the reasonableness of the assumptions underlying such projections, estimates,
prospects, forecasts, plans, and budget information), (y)&nbsp;the operation of the Company Group by the Purchaser after the Closing,
or (z)&nbsp;the probable financial condition of the Company Group after the Closing; (ii)&nbsp;none of the Seller or its Representatives
have or are subject to any liability or indemnification obligation to the Purchaser, its Representatives, or to any other Person resulting
from the distribution to the Purchaser or its Representatives of, or the Purchaser&#8217;s or its Representatives&#8217; use of, any information
relating to the Company Group, including the Confidential Information Memorandum and any information, documents, offering materials, or
other materials made available to the Purchaser or its Representatives or potential financing sources, whether orally or in writing, in
certain &#8220;data rooms,&#8221; management presentations, functional &#8220;break-out&#8221; discussions, &#8220;expert sessions,&#8221;
diligence calls or meetings, responses to questions submitted on behalf of the Purchaser or its Representatives, or in any other form
in connection with the transactions contemplated by this Agreement; and (iii) it is the Purchaser&#8217;s responsibility to apply for
its own permits and Environmental Permits to the relevant Governmental Authorities and that it may not be within the power of SPX to directly
transfer the existing permits or Environmental Permits (or currently pending applications therefor) directly to the Purchaser. </P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">The Purchaser
hereby (I) expressly acknowledges and agrees to the Seller&#8217;s disclaimer of the representations and warranties set forth in <U>Section
3.16(a)</U> and of all liability and indemnification obligations for any such representation or warranty or any distribution to the Purchaser
or its Representatives of, or the Purchaser&#8217;s or its Representatives&#8217; use of, any information relating to the Company Group,
and (II) expressly waives and relinquishes any right to any claim (whether in contract or in tort or otherwise, whether at law or in equity)
based on, arising out of, or related to, any representations and warranties other than those specifically set forth in <U>Article&nbsp;III</U>
(and in the Seller Disclosure Schedules). The Purchaser and its Representatives have received and may continue to receive from the Seller
and its Representatives information that may relate to the Company Group, including the Confidential Information Memorandum and other
information, documents, projections, estimates, prospects, forecasts, plans, and budget information. The Purchaser acknowledges that such
projections, estimates, prospects, forecasts, plans, and budget information and the assumptions on which they are based were prepared
for specific purposes and may vary significantly from each other. Further, the Purchaser acknowledges that there are uncertainties inherent
in attempting to make such projections, estimates, prospects, forecasts, plans, and budget information, that the Purchaser is taking full
responsibility for making its own evaluation of the adequacy and accuracy of all projections, estimates, prospects, forecasts, plans,
and budget information so furnished to it, and that, except for the representations and warranties specifically set forth in <U>Article
III</U> (and the Seller Disclosure Schedules), the Purchaser is not relying on, and hereby expressly waives and relinquishes any right
to any claim (whether in contract or in tort or otherwise, whether at law or in equity) based on, arising out of, or related to, any projections,
estimates, prospects, forecasts, plans, and budget information furnished by the Seller or its Representatives (or any assumptions on which
any such projections, estimates, prospects, forecasts, plans, and budget information are based), and the Purchaser shall not, and shall
cause its Representatives not to, hold any such Person liable with respect thereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">Article V<BR> <BR>
ADDITIONAL AGREEMENTS</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 5.01. <U>Access to Information</U>. (a)
Following the Closing, the Company Entities shall retain ownership of all books and records relating to the Asbestos Claims and the Asbestos
Insurance Rights in each case relating to the period prior to the Closing (&#8220;<U>Pre-Closing Applicable Books and Records</U>&#8221;).
If the Seller or any of its Affiliates discovers that any Pre-Closing Applicable Books and Records are not held, owned or otherwise within
the control of any Company Entity following Closing, the Seller shall transfer (or cause to be transferred) such Pre-Closing Applicable
Books and Records within ten (10) Business Days following such discovery to the Purchaser or its designee. The Seller and its Affiliates
may maintain copies of the Pre-Closing Applicable Books and Records at Seller&#8217;s sole cost and expense. The Company Entities shall,
and the Purchaser shall cause the Company Entities to, preserve and keep all Pre-Closing Applicable Books and Records consistent with
past practice (provided that, notwithstanding past practice, all Pre-Closing Applicable Books and Records may be kept in electronic form)
for any period as may be (i) required by Law (including any statute of limitations and applicable extensions thereof) or any Governmental
Authority, or (ii) reasonably necessary with respect to the prosecution or defense of any audit or Action that is then pending or threatened,
but in any event, for at least ten (10) years following the Closing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>After the Closing, the Purchaser and the Company Entities shall afford to the Seller and its Representatives (at the sole cost
and expense of the Seller), reasonable access during normal business hours upon reasonable notice by the Seller (i) to the Pre-Closing
Applicable Books and Records, and the Seller shall be entitled to make and keep copies (at its own cost and expense) of such Pre-Closing
Applicable Books and Records, and (ii) to such employees of the Purchaser or the Company Entities as is reasonably necessary to resolve
any Actions for which the Seller or its Affiliates may be responsible.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>After the Closing, in connection with any audit, investigation, dispute, or litigation involving the Seller or its Affiliates,
the Purchaser and the Company Entities shall afford to the Seller and its Representatives (in each case, at Seller&#8217;s sole cost and
expense) reasonable access during normal business hours upon reasonable notice by the Seller to (i) all books and records relating to
the accounting, legal, litigation, tax, regulatory, business and financial affairs of the Company Entities relating to the period prior
to the Closing, and (ii) to such employees of the Purchaser or the Company Entities as is reasonably necessary in connection therewith.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>All information received pursuant to this <U>Section 5.01</U> that is not generally available to the public shall be kept confidential
by the Party obtaining such information, subject to any disclosure (i) to such Party&#8217;s Representatives that are subject to confidentiality
obligations (with such Party responsible for any breach of confidentiality by such Representatives), or (ii) that is required to be made
by such Party in order to comply with applicable Law or the rules or regulations of any securities exchange upon which its securities
or the securities of its Affiliates are traded provided that reasonable notice (and consultation to the extent practicable) shall be provided
to the other Parties prior to any such disclosure. Notwithstanding the foregoing, no Party shall be required to provide such access or
furnish such information if it in good faith reasonably believes that doing so would be reasonably be expected to (x) breach or violate
any applicable Law or Governmental Order, (y) result in the loss of attorney-client privilege, work product protection, or any other evidentiary
privilege or protection, or (z) violate any confidentiality obligation with respect to such information; <U>provided</U>, that in each
case of <U>clauses (x)</U> - <U>(z)</U>, the Parties agree to collaborate in good faith to make alternative arrangements to allow for
such access or disclosure in a manner that does not result in the events set forth in <U>clauses (x)</U> - <U>(z)</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 5.02. <U>Restricted Transactions</U>.&nbsp;&nbsp;(a)
Until the sixth (6<SUP>th</SUP>) anniversary of the Closing Date, no Company Entity shall, and the Purchaser shall cause the Company Entities
not to, directly or indirectly, (i) commence, engage in, implement, or permit to occur,
any Restructuring (<U>provided</U>, that a merger of SPXCT and Marley-Wylain, or a merger of either SPXCT or Marley-Wylain into the Company,
shall be permitted if the Purchaser obtains a solvency opinion rendered immediately prior to such merger (from a third party with nationally
recognized expertise in evaluating solvency) to the effect that the entity that survives the merger is solvent immediately following the
merger), </P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">(ii) make, or permit to occur, any dividend, distribution, payment,
or other transfer of cash or other assets (including by a loan or other intercompany agreement) to, or other vesting of assets in, (A)
the Purchaser, any of its Affiliates, or any of their respective shareholders, members, or equityholders, or (B) any other Person (other
than, in the case of either clause (A) or (B) payments in respect of the Transition Services Agreement and any reasonable and <I>bona
fide</I> general corporate expenses (including in respect of periodic audit expenses, advisors&#8217; fees and other investment-related
administrative costs), or in the ordinary course of business in connection with the management of Asbestos Claims or Assumed Environmental
Liabilities or any Tax Distributions); provided, however, that notwithstanding anything to the contrary set forth in this clause (ii),
nothing shall restrict or prohibit the transfer of cash or other assets by and among the Company Entities only pursuant to a cash pooling
arrangement or intercompany loans (or similar arrangements), or (iii) assume, guarantee, or otherwise become liable or responsible for
Liabilities of the Purchaser or any of its Affiliates (each of the transactions described in (i)
- (iii), a &#8220;<U>Restricted Transaction</U>&#8221;); <U>provided</U>, that, notwithstanding the foregoing, the sale, transfer or
conveyance of the Owned Real Property shall not constitute a &#8220;Restricted Transaction.&#8221; Between and including the sixth (6<SUP>th</SUP>)
anniversary of the Closing Date and the tenth (10<SUP>th</SUP>) anniversary of the Closing Date, the Company Entities shall not, and
the Purchaser shall cause the Company Entities not to, commence, engage in, implement or permit to occur, a Restricted Transaction unless
a prior written notice is delivered to the Seller and (i) the Company Entities are adequately capitalized relative to their estimated
liabilities, as supported by an actuarial report rendered no more than three (3) months prior to the consummation of a Restricted Transaction
by an unrelated third party with nationally recognized expertise in evaluating asbestos liabilities, and (ii) such Restricted Transaction
is consummated in accordance with applicable Laws and would not reasonably be expected to give rise to any fraudulent transfer or unlawful
dividend claim as each term is defined under applicable Laws in force and effect from time to time under which the Company is subject).
Any loan or other lending arrangement pursuant to which a Restricted Transaction is consummated between the sixth (6<SUP>th</SUP>) anniversary
of the Closing Date and the tenth (10<SUP>th</SUP>) anniversary of the Closing Date shall only be made to a credit-worthy Affiliate of
the Purchaser at such time with a maturity or duration of less than twelve (12) months and otherwise on customary terms. The Company
shall, and the Purchaser shall ensure that the Company shall, at all times remain a Delaware limited liability company. The Purchaser
and each of the Company Entities shall cause their respective Affiliates to comply with this <U>Section 5.02</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything to the contrary in this Agreement, if any of the Purchaser, a Company Entity, or any of their respective successors or assigns
materially breaches or materially violates this <U>Section 5.02</U> before the tenth (10<SUP>th</SUP>) anniversary of the Closing Date,
(subject to an opportunity to cure such breach or violation within thirty (30) days of written notice from the Seller), then the Seller
shall be automatically released from all of its indemnification obligations under <U>Sections 7.02(a)</U> and <U>(b)</U>, and no Purchaser
Indemnified Party shall be entitled to any indemnification thereunder whatsoever. For the avoidance of doubt, the foregoing shall not
be the exclusive remedy for any such breach or violation and will be in addition to any other rights and remedies that the Seller may
have arising out of such breach or violation.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 5.03. <U>Name Change</U>. (a)
Within sixty (60) days of the Closing Date, the Purchaser shall cause members of the Company Group to adopt, execute, deliver, and file
such resolutions and other instruments as may be necessary or advisable to change the names of any member of the Company Group from &#8220;SPX&#8221;
or &#8220;Marley-Wylain&#8221; to another name that does not include &#8220;SPX&#8221; or &#8220;Marley-Wylain&#8221;.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Seller hereby grants to each member of the Company Group a non-exclusive, non-transferable, non-sublicensable license to continue
using the trade names &#8220;Marley Cooling Tower&#8221;, &#8220;Weil McLain&#8221; and/or &#8220;Williamson Thermoflo&#8221; solely as
part of the corporate name of a member of the Company Group and solely in connection with the operation of the management, defense and/or
settlement of Actions related to Asbestos-Related Liabilities and Assumed Environmental Liabilities until such Actions have been fully
satisfied with no possibility of appeal.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 5.04. <U>Administration of Claims Post-Closing</U>.&nbsp;&nbsp;Following
the Closing, the Seller shall notify (and in any event, within 10 Business Days) the Purchaser and the Company Entities of any Actions
that the Seller or its Subsidiaries receive with respect to Asbestos-Related Liabilities; <U>provided</U>, that no failure or delay in
providing such notice shall release the Purchaser or the Company Entities from their indemnification obligations in respect thereof except
to the extent the Company Entities are materially prejudiced by such failure or delay. The notice shall set forth in reasonable detail
the date and nature and basis of such Action; provided that it is understood and agreed that transmittal (including by email or other
electronic means) to the Purchaser and the Company Entities of a copy of the summons and/or complaint served on Seller or any of its Affiliates
alleging any Asbestos Claim shall satisfy such notice requirement. The Company Entities shall promptly assume the defense of any such
Actions and take commercially reasonable actions to ensure that a Company Entity (and not the Seller or any of its Affiliates) is named
as the defendant therein; provided that, in connection with removing the Seller (and any Affiliate thereof) as a defendant named therein,
the Seller will reasonably cooperate with the Purchaser and the Company Group with respect to thereto, including with respect to the prompt
provision of information reasonably requested by the Purchaser or any Company Entity in relation to such Action that is reasonably available
to the Seller. No Company Entity nor the Purchaser shall require the prior approval of the Seller or any of its Affiliates to consent
to the entry of any judgment or enter into any settlement or payment with respect to such Claim pursuant to this <U>Section 5.04</U>;
provided that any such settlement (a) shall not impose an injunction or other equitable relief upon the Seller or its Affiliates, (b)
shall not involve a finding or admission of any violation of applicable Law or the rights of any Person by the Seller or its Affiliates
or other wrongdoing by the Seller or its Affiliates and (c) shall not provide for, create or impose any liabilities or obligations (monetary
or otherwise) on the Seller or its Affiliates.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 5.05. <U>Recovery Rights</U>.&nbsp;&nbsp;Following
the Closing and solely to the extent related to Asbestos-Related Liabilities, in the event (a) the Purchaser or the Seller becomes aware
of Recovery Rights that are not in the name of a Company Entity, the Seller shall, to the extent permitted by the underlying Contract
governing such Recovery Right, assign such Recovery Right to the Company for no additional consideration, and (b) the Purchaser or a Company
Entity fails to promptly exercise its Recovery Rights in connection with a matter against which a Seller Indemnified Party is to be indemnified
pursuant to <U>Section 7.04</U> and the Company Entities fail to so indemnify the Seller Indemnified Parties, the Purchaser and the Company
Entities shall provide to the Seller the opportunity to exercise such Recovery Rights following the Seller&#8217;s prior written notice
to the Purchaser.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 5.06. <U>Release</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Effective as of the Closing, except for any rights or obligations expressly set forth in this Agreement or the Transition Services
Agreement, or for any claims arising out of Fraud, each of the Purchaser and each of the Company Entities, each on behalf of itself and
its respective Affiliates and each of its and their current and former officers, directors, employees, partners, members, advisors, successors,
and assigns (collectively, the &#8220;<U>Purchaser Releasing Parties</U>&#8221;), hereby irrevocably and unconditionally waives, releases,
and forever discharges the Seller and its Affiliates and each of its and their respective current and former officers, directors, employees,
partners, members, advisors, successors, and assigns (collectively, the &#8220;<U>Seller Released Parties</U>&#8221;) of and from any
and all actions, causes of action, suits, proceedings, executions, judgments, duties, debts, dues, accounts, bonds, contracts, and covenants
(whether express or implied), and claims and demands whatsoever whether in law or in equity which the Purchaser Releasing Parties may
have against each of the Seller Released Parties, now or in the future, in each case in respect of any cause, matter or thing relating
to any of the Seller Released Parties occurring or arising on or prior to the Closing (the &#8220;<U>Seller Released Matters</U>&#8221;).
The Purchaser hereby represents and warrants (a) that it has the authority to bind each of the other Purchaser Releasing Parties, and
(b) that no Purchaser Releasing Party has voluntarily or involuntarily assigned or transferred or purported to assign or transfer to any
Person any Seller Released Matter and that no Person (other than a Purchaser Releasing Party) has any interest in any Seller Released
Matter by Law or contract by virtue of any action or inaction by any Purchaser Releasing Party.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> Effective as of the Closing, except for any rights or obligations expressly set forth in this Agreement or the Transition Services
Agreement, or for any claims arising out of Fraud, the Seller, on behalf of itself and its Affiliates (excluding the Company Entities)
and each of its and their current and former officers, directors, employees, partners, members, advisors, successors, and assigns (collectively,
the &#8220;<U>Seller Releasing Parties</U>&#8221;), hereby irrevocably and unconditionally waives, releases, and forever discharges the
Purchaser and its Affiliates (including the Company Entities) and each of its and their respective current and former officers, directors,
employees, partners, members, advisors, successors, and assigns (collectively, the &#8220;<U>Purchaser Released Parties</U>&#8221;) of
and from any and all actions, causes of action, suits, proceedings, executions, judgments, duties, debts, dues, accounts, bonds, contracts,
and covenants (whether express or implied), and claims and demands whatsoever whether in law or in equity which the Seller Releasing Parties
may have against each of the Purchaser Released Parties, now or in the future, in each case in respect of any cause, matter or thing relating
to any of the Purchaser Released Parties occurring or arising on or prior to the Closing (the &#8220;<U>Purchaser Released Matters</U>&#8221;).
The Seller hereby represents and warrants (a) that it has the authority to bind each of the other Seller Releasing Parties, and (b) that
no Seller Releasing Party has voluntarily or involuntarily assigned or transferred or purported to assign or transfer to any Person any
Purchaser Released Matter and that no Person (other than a Seller Releasing Party) has any interest in any Purchaser Released Matter by
Law or contract by virtue of any action or inaction by any Seller Releasing Party.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 5.07. <U>Investment and Operation</U>.
For ten (10) years after the Closing, the Purchaser shall cause the Company Entities to, and the Company Entities shall, invest their
capital and otherwise conduct their operations and manage their assets in a commercially reasonable prudent manner. Without limitation
of the foregoing, in the first six (6) years after the Closing, investments of or backing the Seller Cash Contribution and the Purchaser
Capital At Risk Amount shall be consistent with investment guidelines set forth on <U>Schedule 1.01(d)</U> (as may be adjusted as the
Purchaser deems necessary in good faith so long as the overall risk profile of any adjusted guidelines remains similar to those set forth
on such Schedule attached hereto).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 5.08. <U>Insurance Matters</U>.&nbsp;&nbsp;For
ten (10) years after the Closing, the Purchaser shall cause the Company Entities not to, and the Company Entities shall not, take any
actions that would reasonably be expected to adversely affect, in any material respect, existing insurance coverage, or coverage in place
agreements, with respect to the members of the Company Group in a manner that would reasonably be expected to jeopardize the solvency
of any such entities. For the avoidance of doubt, the foregoing sentence shall not limit insurance policy settlements and buyouts and
similar actions to the extent that such actions would not materially jeopardize the solvency of such entities.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 5.09. <U>Further Action</U>. (a)
Except as otherwise provided in this Agreement, the Parties shall, and shall cause their respective Affiliates to, take, or cause to be
taken, all appropriate action, to do, or cause to be done, and to assist and cooperate with the other Parties in doing, all things necessary,
proper or advisable under applicable Law to execute and deliver the Transaction Documents and such other documents and other papers as
may be required to carry out the provisions of this Agreement and to consummate and make effective the transactions contemplated by this
Agreement, including as set forth on <U>Section 3.09</U> of the Seller Disclosure Schedule.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>From time to time after the Closing, without additional consideration, each Party shall, and shall cause its Affiliates to, execute
and deliver such further instruments and take such other action as may be necessary or is reasonably requested by the other Parties to
make effective the transactions contemplated by this Agreement and the other Transaction Documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 9pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Within thirty (30) days following the Closing Date, the Seller shall deliver or cause to be delivered to the Purchaser two (2)
electronic copies of the &#8220;data room&#8221; as such existed as of the Closing Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><U>SECTION 5.10. Wrong Pockets</U>. The Parties acknowledge that, following the Closing, all insurance proceeds under the Asbestos Insurance Programs, as well as the Asbestos
Insurance Programs themselves (including the Insurance Policies), in each case applicable to the Asbestos Claims are the property of the
Purchaser and the Company Group. In the event that after the Closing, the Seller or any of its Affiliates receives any such insurance
proceeds, or discovers that a component of the Asbestos Insurance Programs (including any Insurance Policy) is not held or owned by or
otherwise within the control of any Company Entity, the Seller shall remit any such payment or transfer such component of the Asbestos
Insurance Programs (or such Insurance Policy), as applicable, within ten (10) Business Days (or cause to be remitted or transferred, as
applicable, within ten (10) Business Days) to the Purchaser or its designee.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">Article
VI<BR>
<BR>
TAX MATTERS</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 6.01. <U>Tax Returns</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Seller shall prepare, or cause to be prepared, all Tax Returns that are required to be filed by, or with respect to, any member
of the Company Group for Pre-Closing Periods (other than for a Straddle Period) that are due after the Closing Date (taking into account
any applicable extensions); <U>provided</U>, <U>however</U>, that (i) such Tax Returns shall be prepared in a manner consistent with past
practice, except as otherwise required by applicable Law, (ii) the Seller shall deliver a completed draft of all Tax Returns for any Pre-Closing
Period (other than a Straddle Period) described in this <U>Section 6.01(a)</U> to the Purchaser for the Purchaser&#8217;s review and comment
at least twenty (20) days prior to the filing thereof, and the Seller shall reflect any of the Purchaser&#8217;s reasonable comments on
such Tax Returns, and (iii) the Purchaser shall cause to be timely filed all Tax Returns described in this <U>Section 6.01(a)</U> that
are required to be filed after the Closing Date. Notwithstanding anything to the contrary in this Agreement, neither the Purchaser nor
any of its Affiliates shall be entitled to review any Tax Return filed by the Seller or any of its Affiliates on a consolidated, combined,
unitary, or affiliated Tax group basis; provided, however, that the Purchaser shall be entitled to review the Check the Box Election and
such Tax Returns (or portions of such Tax Returns) as relate to the covenants and agreements set forth in <U>Section 6.04</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Purchaser shall prepare and timely file, or cause to be prepared and timely filed, all Tax Returns for any Straddle Period
that are required to be filed by or with respect to any member of the Company Group on or after the Closing Date; <U>provided</U>, <U>however</U>,
that such Tax Returns shall be prepared in a manner consistent with past practice of any member of the Company Group, except as otherwise
required by applicable Law. The Purchaser shall deliver a completed draft of all Tax Returns for any Straddle Period described in this
<U>Section 6.01(b)</U> to the Seller for the Seller&#8217;s review and comment at least twenty (20) days prior to the filing thereof,
and the Purchaser shall reflect any of the Seller&#8217;s reasonable comments on such Tax Returns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>If any of the shares of the Company sold in the transactions contemplated by this Agreement is a &#8220;loss share&#8221; within
the meaning of Treasury Regulation &sect;1.1502-36(f)(7), then Seller shall make, or cause its applicable Affiliates to make, an election
(i) under Treasury Regulation &sect;1.1502-36(d)(6)(i)(B), to reattribute all of the Company&#8217;s Category A, Category B and Category
C attributes described in Treasury Regulation &sect;1.1502-36(d)(4)(i)(A)-(C), (ii) under Treasury Regulation &sect;1.1502-36(d)(6)(i)(A),
or (iii) any combination of the elections under Treasury Regulation &sect;1.1502-36(d)(6)(i)(A) and Treasury Regulation &sect;1.1502-36(d)(6)(i)(B)
to the extent necessary to avoid any reduction of any other attributes of the Company (including any Category D attributes described in
Treasury Regulation &sect;1.1502-36(d)(4)(i)(D)).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 6.02. <U>Straddle Period Allocation</U>.
To the extent it is necessary for purposes of this Agreement to determine the allocation of Taxes (other than Conveyance Taxes) for a
Straddle Period between a Pre-Closing Period and a Post-Closing Period, (i) the amount of any Taxes, other than Property Taxes described
in clause (ii), will be allocated between the Pre-Closing Period and the Post-Closing Period based on an interim closing of the books
as of the close of the day on the Closing Date, and (ii) the amount of property Taxes, ad valorem Taxes, and similar Taxes charged on
a periodic basis (&#8220;<U>Property Taxes</U>&#8221;) for a Straddle Period will be allocated between the Pre-Closing Period and the
Post-Closing Period based on the amount of such Property Tax for the entire Straddle Period, up to and including the Closing Date, multiplied
by a fraction, the numerator of which is the number of days in the applicable portion of the Straddle Period and the denominator of which
is the total number of days in such Straddle Period.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 6.03. <U>Tax Cooperation</U>. The Seller
and the Purchaser shall provide each other with such cooperation and information as either of them reasonably may request of the other
(and the Purchaser shall cause the members of the Company Group to provide such cooperation and information) in filing any Tax Return,
amended Tax Return, or claim for refund, determining a liability for Taxes or a right to a refund of Taxes or participating in or conducting
any audit or other proceeding in respect of Taxes. Such cooperation and information shall include providing copies of relevant Tax Returns
or portions thereof, together with related work papers and documents relating to rulings or other determinations by Governmental Authorities.
For the avoidance of doubt, and notwithstanding anything to the contrary in this Agreement, the Purchaser and its Affiliates shall not
have any access to the consolidated federal income Tax Returns of the Seller&#8217;s consolidated group; provided, however, that the
Purchaser shall be entitled to review the Check the Box Election and such Tax Returns (or portions of such Tax Returns) as relate to
the covenants and agreements set forth in <U>Section 6.04</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 6.04. <U>Tax Treatment</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Seller and the Purchaser intend to treat the Check the Box Election as an exchange pursuant to Section 351 of the Code, and
will take no position, and not cause any of their Affiliates to take any position, inconsistent with the foregoing unless otherwise required
pursuant to a final determination within the meaning of Section 1313(a) of the Code.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Except as otherwise provided in this <U>Section 6.04(b)</U>, neither the Seller nor any of its Affiliates will claim any loss or
deduction for any income Tax purposes in respect of any costs or expenses (including legal fees) to be incurred by any member of the Company
Group following the Closing with respect to Asbestos Claims (&#8220;<U>Future Defense Costs</U>&#8221;), including any loss or deduction
attributable to basis derived from any cash or other property contributed by the Seller or any of its Affiliates to the Company for the
purpose of funding estimated Future Defense Costs. In the event that the Purchaser or any of its Affiliates receives a final determination
(within the meaning of Section 1313 of the Code) that it is ineligible to claim a loss or deduction in respect of some or all of the Future
Defense Costs, if permitted by applicable Law and to the extent any requested actions are not reasonably expected to result in additional
unreimbursed Tax liability to the Seller or its Affiliates, the Seller agrees to use commercially reasonable efforts, to file future Tax
Returns to claim such Future Defense Costs (including, if allowable, to change its method of accounting under Section 446 of the Code
so as to get any benefit of past deductions on future Tax Returns), and if so to pay over to the Purchaser each year any actual reductions
in Tax (determined on a with or without basis) resulting from such deductions. For the avoidance of doubt, the Purchaser shall have no
right to review any Tax Return of the Seller or any of its Affiliates, except as otherwise provided in <U>Section 6.01</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>No deduction will be taken with respect to any Assumed Liabilities for any Tax period (or portion thereof) beginning after the
Closing, nor will any such liabilities be reflected in computing the amount of loss realized by the Seller or any of its Affiliates in
connection with the sale of Company Interests to the Purchaser.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 6.05. <U>Tax Claims</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>If a written notice of deficiency, audit, examination, claim, litigation, or other administrative or court proceeding, suit, or
dispute with respect to Excluded Taxes is received by the Purchaser for which a claim for indemnification could be made pursuant to this
Agreement (a &#8220;<U>Tax Claim</U>&#8221;), the Purchaser shall give the Seller prompt written notice of such Tax Claim. The failure
to give such prompt written notice shall not release, waive, or otherwise affect the obligations of the Seller with respect thereto except
to the extent that the Seller is actually and materially prejudiced as a result of such failure.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Seller shall have the right, at its sole expense, to assume control of any Tax Claim related to a Pre-Closing Period, other
than for a Tax Claim related to a Straddle Period; <U>provided</U>, that (i) the Purchaser shall have the right, at its sole expense,
to participate in such Tax Claim along with counsel of its choice, (ii) the Seller shall keep the Purchaser reasonably informed and consult
with the Purchaser with respect to any issue relating to such Tax Claim, (iii) the Seller shall provide the Purchaser copies of all correspondence,
notices, and other written material received from any Governmental Authority with respect to such Tax Claim, (iv) the Seller shall provide
the Purchaser with a copy of, and an opportunity to review and comment on, all material submissions made to a Governmental Authority in
connection with such Tax Claim, and (v) the Seller shall not agree to a settlement or compromise of a Tax Claim without first obtaining
the prior written consent of the Purchaser (which consent shall not be unreasonably withheld, conditioned, or delayed) if such settlement
or compromise would reasonably be expected to increase an amount of Taxes payable by the Purchaser or the Purchaser&#8217;s Affiliates
in a Post-Closing Period.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Purchaser shall control any Tax Claims related to a Straddle Period; <U>provided</U>, that (i) the Seller shall have the right
to participate, at its sole expense, in such Tax Claim along with counsel of their choice, (ii) the Purchaser shall keep the Seller reasonably
informed and consult with the Seller with respect to any issue relating to such Tax Claim, (iii) the Purchaser shall provide the Seller
copies of all correspondence, notices, and other written material received from any Governmental Authority with respect to such Tax Claim,
(iv) the Purchaser shall provide the Seller with a copy of, and an opportunity to review and comment on, all material submissions made
to a Governmental Authority in connection with such Tax Claim, and (v) neither the Purchaser nor the Purchaser&#8217;s Affiliates shall
agree to a settlement or compromise of any such Tax Claim that would reasonably be expected to increase an amount that the Seller may
indemnify the Purchaser for under this Agreement without first obtaining the prior written consent of the Seller (which consent shall
not be unreasonably withheld, conditioned or delayed). With respect to any Post-Closing Period, other than a Straddle Period, neither
the Purchaser nor the Purchaser&#8217;s Affiliates shall agree to a settlement or compromise of any Tax claim that would reasonably be
expected to increase an amount that the Seller may indemnify the Purchaser for under this Agreement without first obtaining the prior
written consent of the Seller (which consent shall not be unreasonably withheld, conditioned, or delayed).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notwithstanding anything in this Agreement to the contrary, this <U>Section 6.05</U> shall control with respect to any Tax Claim,
and neither the Purchaser nor any of its Affiliates shall be entitled to participate in any Tax Claim related to any Tax Return filed
by the Seller or any of its Affiliates on a consolidated, combined, unitary, or affiliated Tax group basis.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 6.06. <U>Conveyance Taxes</U>. The Person
legally responsible for filing Tax Returns with respect to any Conveyance Taxes incurred or which may be payable in connection with this
Agreement or any transactions contemplated hereby shall be responsible for the preparation and filing (and all costs related thereto)
of any such Tax Returns with the appropriate Governmental Authority (including any documentation). The Purchaser and the Seller will each
be responsible for 50% of any and all such Conveyance Taxes (and costs related thereto). The Purchaser and the Seller shall cooperate
in timely making all filings, returns, reports, and forms as may be required in connection with such Conveyance Taxes and in obtaining
any exemption or exclusion from such Conveyance Taxes.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 6.07. <U>Tax Covenants</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Purchaser, and any Affiliate of the Purchaser, shall not engage in any of the following acts related to the members of the
Company Group: (i) amending, refiling or otherwise modifying, or causing or permitting a member of the Company Group to amend, refile
or otherwise modify, any Tax election or Tax Return for a Pre-Closing Period, (ii) granting an extension of any applicable statute of
limitations with respect to a Tax Return of any member of the Company Group for a Pre-Closing Period, or (iii) entering into any voluntary
disclosure Tax program, agreement, or arrangement with any Governmental Authority that relates to the Taxes of any member of the Company
Group for a Pre-Closing Period, in each case, without the prior written consent of the Seller (not to be unreasonably withheld, conditioned
or delayed).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Other than the Check the Box Election specified in <U>Section 3.10(m)</U>, each of the Purchaser and the Seller shall not make,
and shall cause its Affiliates (including the members of the Company Group) not to make, (i) any election pursuant to Regulations Section
301.7701-3, or (ii) any other election with respect to any member of the Company Group, if such election would impact Taxes of any Pre-Closing
Period.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Seller will not report the Reorganization Transactions or the sale and purchase of the Company Interests as (or as part of)
a &#8220;reportable transaction&#8221; within the meaning of Treasury Regulations Section 1.6011-4(b) (or any similar provision of state,
local or non-U.S. Law).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">Article
VII<BR>
<BR>
INDEMNIFICATION</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 7.01. <U>Survival of Representations,
Warranties and Covenants</U>. (a) The representations and warranties of the Parties contained in this Agreement or in any certificates
delivered pursuant to this Agreement shall survive the Closing for a period of two (2) years after the Closing (other than the Fundamental
Representations and the representations and warranties set forth in <U>Section 3.10(k)</U> and <U>Section 3.10(l)</U>, which shall survive
the Closing for sixty (60) days following the applicable statute of limitations), and (b)&nbsp;none of the covenants or agreements contained
in this Agreement shall survive the Closing other than those which by their terms contemplate performance after the Closing, and such
surviving covenants and agreements shall survive the Closing only until the expiration of the term of the undertaking set forth in such
covenants and agreements (or if no such term is set forth therein, until such covenant or agreement is fully performed); <U>provided</U>,
<U>however</U>, that any claim made with reasonable specificity by the Party seeking to be indemnified within the time periods set forth
in this <U>Section&nbsp;7.01</U> shall survive until such claim is finally resolved.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 7.02. <U>Indemnification by the Seller</U>.
The Purchaser and its Subsidiaries and their respective Affiliates and each of their respective officers, directors, managers, employees,
and agents and other Representatives (each a &#8220;<U>Purchaser Indemnified Party</U>&#8221;) shall, subject to <U>Section 5.02(b</U>),
from and after the Closing be indemnified and held harmless by the Seller for and against all losses, damages, claims, costs and expenses
(including reasonable attorneys&#8217; fees and expenses, including in connection with defense and/or enforcement), Taxes, interest, awards,
judgments, and penalties suffered or incurred by them (hereinafter a &#8220;<U>Loss</U>&#8221;), to the extent arising out of, or resulting
from, (a)&nbsp;the breach of any representation or warranty made by the Seller contained in this Agreement, (b)&nbsp;the breach of any
covenant or agreement by the Seller contained in this Agreement, (c) Excluded Taxes, (d) the Excluded Environmental Liabilities, (e) the
Excluded Company Liabilities or (f) the Reorganization Transactions (other than any Taxes related thereto, which Taxes would be Excluded
Taxes addressed in clause (c)); <U>provided</U>, that with respect to each of the <U>clauses (a)</U> - <U>(f)</U> and notwithstanding
anything to the contrary in this Agreement, the Purchaser Indemnified Parties shall not be indemnified under this <U>Section 7.02</U>
for any Assumed Liabilities, which shall be indemnified by the Company Entities as set forth in <U>Section 7.04</U> (subject to the express
terms set forth therein and other limitations applicable with respect thereto); <U>provided</U>, <U>further</U>, that the Purchaser Indemnified
Parties shall be indemnified under <U>clause (a)</U> above for any breach of the representations or warranties made by the Seller in <U>Section
3.13</U> (<I>Asbestos Claims</I>), subject to the express terms set forth therein and other limitations applicable with respect thereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 7.03. <U>Indemnification by the Purchaser</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Seller, its Affiliates, and its and their respective officers, directors, employees, agents and other Representatives (each
a &#8220;<U>Seller Indemnified Party</U>&#8221;) shall from and after the Closing be indemnified and held harmless by the Purchaser for
and against any and all Losses, to the extent arising out of, or resulting from, the breach of any representation or warranty made by
the Purchaser contained in this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>From and after the Closing, the Purchaser and the Company Entities shall not, and shall cause their respective Affiliates not to,
permit or cause any member of the Company Group or any of the material assets of the Company Group (other than the Owned Real Property)
to be sold or otherwise transferred to any Person that is not controlled by the Company without the prior written consent of the Seller;
<U>provided</U>, <U>that</U>, if the Seller provides such consent, then, such member of the Company Group may not be sold or otherwise
transferred unless, prior to such transfer, the transferee executes and delivers to the Seller an acknowledgment, in form and substance
acceptable to the Seller, in its reasonable discretion, agreeing (i) to be bound by the provisions of this Agreement and the other Transaction
Documents applicable to the Purchaser and the Company Entities (as applicable) from and after the Closing, and (ii) to perform the obligations
to be performed from and after the Closing by the Purchaser and the Company (as applicable) under this Agreement and the other Transaction
Documents, including the obligations set forth in this <U>Article VII</U>; <U>provided</U>, <U>further</U>, that no such transfer shall
relieve the Purchaser or the Company Entities from their obligations under this Agreement and the other Transaction Documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 7.04. <U>Indemnification by the Company
Entities</U>. (a) Each Seller Indemnified Party shall from and after the Closing be
indemnified and held harmless by the Company Entities for and against any and all Losses incurred or suffered by them, to the extent arising
out of, relating to, or resulting from, (i) the Assumed Liabilities, (ii)&nbsp;the operation, or any Restructuring, of any member of the
Company Group after the Closing (except to the extent attributable to the period prior to the Closing) or (iii)&nbsp;the breach of any
covenant or agreement contained in this Agreement after the Closing Date by the Purchaser, a Company Entity, or any member of the Company
Group.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Seller Indemnified Parties shall be entitled to indemnification hereunder with respect to Asbestos Claims (i) notwithstanding
the theory of liability alleged in an Asbestos Claim, including any Asbestos Claim based on theories of veil-piercing or successor liability,
or that alleges that any Company Entity was not solvent as of, or prior to, the Closing, or any Asbestos Claim made under, in connection
with, or in respect of, applicable federal or state fraudulent transfer law, and (ii) regardless of whether or not (x) such Asbestos Claims
have been asserted against a Seller Indemnified Party, a Company Entity, or any other SPX Historical Party, or (y) any Seller Indemnified
Party, the Company Entities, any other SPX Historical Party, or Representatives of any of the foregoing has any actual or constructive
knowledge of such Asbestos Claims.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 7.05. <U>Limitations on Indemnification</U>.
(a) No claim may be asserted nor may any Action be commenced against a Party for breach
of any representation, warranty, covenant, or agreement contained herein, unless written notice of such claim or Action is received by
such party describing in reasonable detail the facts and circumstances with respect to the subject matter of such claim or Action on or
prior to the date on which the representation, warranty, covenant, or agreement on which such claim or Action is based ceases to survive
as set forth in <U>Section&nbsp;7.01</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notwithstanding anything to the contrary contained in this Agreement, (i) the Seller shall not be liable for any Losses pursuant
to <U>Section 7.02(a)</U> (other than Losses resulting from breaches of Fundamental Representations), unless and until the aggregate amount
of indemnifiable Losses which may be recovered from the Seller exceeds $500,000, whereupon the Purchaser shall be entitled to indemnification
for the amount of such Losses in excess of such amount, (ii) no Losses may be claimed under <U>Section 7.02(a)</U> (other than Losses
resulting from breaches of the Fundamental Representations) or shall be reimbursable by or shall be included in calculating the aggregate
Losses set forth in <U>clause (i)</U> above other than Losses in excess of $35,000 resulting from any single claim or series of related
claims arising out of the same facts, events or circumstances, (iii) the maximum amount of indemnifiable Losses which may be recovered
from the Seller arising out of, or resulting from, the causes set forth in <U>Section 7.02(a)</U> (other than Losses resulting from breaches
of the Fundamental Representations) shall be $7,342,000, </P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">(iv) the maximum amount of indemnifiable Losses which may be recovered from the
Seller arising out of, or resulting from, the causes set forth in <U>Section 7.02(a)</U> for Losses resulting from breach of Fundamental
Representations shall be $14,685,000, and (v) the Parties acknowledge and agree that the no Indemnifying Party shall have any Liability
under any provision of this Agreement for any Loss, if the Seller, on the one hand, or the Purchaser, on the other hand, as applicable,
demonstrates that such Loss is primarily caused by (A) (1) in the case of a Purchaser Indemnified Party, any action or inaction of the
Purchaser or any of its Representatives taken after the consummation of the transactions contemplated herein (other than any action or
inaction that is consistent with the ordinary course past practice of the Company Entities prior to the Closing) or (2) in the case of
a Seller Indemnified Party, any action or inaction of the Seller or any of its Representatives taken after the consummation of the transactions
contemplated herein, (B) (1) in the case of a Purchaser Indemnified Party, any action or inaction of the Seller or any of its Representatives
taken after the consummation of the transactions contemplated herein at the written request, at the written direction, or with the prior
written consent, of the Purchaser or any of its Representatives or (2) in the case of a Seller Indemnified Party, any action or inaction
of the Purchaser or any of its Representatives taken after the consummation of the transactions contemplated herein at the written request,
at the written direction, or with the prior written consent, of the Seller or any of its Representatives, or (C) (1) in the case of a
Purchaser Indemnified Party, any action, that the Seller or any of its Representatives was expressly required to take or not to take pursuant
to the terms of this Agreement, any Transaction Document or, that the Seller or any of its Representatives was required to take under
applicable Law (based on the written advice of counsel) or (2) in the case of a Seller Indemnified Party, any action, that the Purchaser
or any of its Representatives was expressly required to take or not to take pursuant to the terms of this Agreement, any Transaction Document
or, that the Purchaser or any of its Representatives was required to take under applicable Law (based on the written advice of counsel).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notwithstanding anything to the contrary contained in this Agreement, after the Closing, no Indemnifying Party shall have any liability
under any provision of this Agreement for any punitive damages, except to the extent awarded to a third party. Notwithstanding anything
to the contrary contained in this Agreement, the Seller shall have no liability under this Agreement (including for claims of breach of
any representations or warranties made by the Seller) in respect of any Asbestos Claim or any Asbestos-Related Liability, except with
respect to any claim of breach of any representations or warranties made by the Seller contained in <U>Section 3.13</U> (<I>Asbestos Claims</I>)
and subject to the express terms set forth therein and other limitations applicable with respect thereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>For all purposes of this <U>Article&nbsp;VII</U>, &#8220;Losses&#8221; shall be net of (i)&nbsp;any recovery or benefit (including
insurance and indemnification) actually paid by a third-party insurance company to the Indemnified Party or any of its Affiliates in connection
with the facts giving rise to the right of indemnification and, if the Indemnified Party or any of its Affiliates actually receive such
recovery or benefit after receipt of payment from the Indemnifying Party, then the amount of such recovery or benefit, net of reasonable
expenses incurred in obtaining such recovery or benefit and any increases in premiums, shall be paid to the Indemnifying Party, and (ii)&nbsp;any
Tax benefit available to the Indemnified Party or any of its Affiliates arising in connection with the accrual, incurrence, or payment
of any such Losses actually realized in cash, or as a reduction, credit or offset against Taxes, in the taxable year of such Loss, any
preceding taxable year or the subsequent taxable year.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Each Party shall, and shall cause its respective Representatives to, take all reasonable steps to mitigate its Losses upon and
after becoming aware of any event that would reasonably be expected to give rise to any Losses, in each case to the extent required by
Law. No Party shall be entitled to any payment, adjustment, or indemnification more than once with respect to the same Loss.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 7.06. <U>Notice of Loss; Third-Party Claims</U>.
(a) An Indemnified Party shall promptly give the Indemnifying Party written notice
in reasonable detail of any matter which an Indemnified Party has determined has given, or is reasonably expected to give, rise to a right
of indemnification under this Agreement, stating an estimate of the amount of the Loss, if known, and method of computation thereof, and
containing a reference to the provisions of this Agreement in respect of which such right of indemnification is claimed or arises; <U>provided</U>,
<U>however</U>, that no delay on the part of any Indemnified Party in providing such notice shall adversely affect the rights of an Indemnified
Party hereunder except to the extent that the Indemnifying Party is materially prejudiced by such failure.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>If an Indemnified Party shall receive notice of any Action, audit, demand, or assessment against it by a third party (each, a &#8220;<U>Third-Party
Claim</U>&#8221;) that is indemnifiable under this Agreement, the Indemnified Party shall promptly give the Indemnifying Party written
notice in reasonable detail of such Third-Party Claim, stating an estimate of the Loss, if known, and method of computation thereof, and
containing a reference to the provisions of this Agreement in respect of which such right of indemnification is claimed or arises, together
with copies of all notices and documents served on or, to the extent material, otherwise received by the Indemnified Party and its Representatives
in respect thereof. A failure by the Indemnified Party to give notice in a timely manner pursuant to this <U>Section&nbsp;7.06(b)</U>&nbsp;shall
not limit the obligations of the Indemnifying Party under this Agreement, except&nbsp;to the extent such Indemnifying Party is materially
prejudiced thereby.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Indemnifying Party shall be entitled to assume and control the defense of such Third-Party Claim at its sole cost and expense
and through counsel of its choice, if it gives written notice of its intention to do so to the Indemnified Party within thirty (30) days
of the receipt of such notice from the Indemnified Party, and such notice contains an acknowledgment that the Indemnifying Party is obligated
to indemnify the Indemnified Party with respect to such claim, subject to the limitations set forth in this <U>Article VII</U>. If the
Indemnifying Party assumes such defense against a Third-Party Claim, (i) the Indemnifying Party shall use commercially reasonable efforts
in the defense of such claim, (ii) the Indemnified Party may participate in such defense at its sole cost and expense, and (iii) the Indemnified
Party shall reasonably cooperate with the Indemnifying Party in such defense and make available to the Indemnifying Party, at the Indemnifying
Party&#8217;s expense, all witnesses, pertinent records, materials, and information in the Indemnified Party&#8217;s possession as is
reasonably requested by the Indemnifying Party. The Indemnifying Party shall not admit any liability with respect to, or settle, compromise,
or discharge any Third-Party Claim without the Indemnified Party&#8217;s prior written consent (such consent not to be unreasonably withheld,
conditioned, or delayed); provided that such consent of the Indemnified Party shall not be required if the judgment or proposed settlement
(i) releases the Indemnified Party and its Affiliates from all liability or obligation in connection with such Action, (ii) does not impose
an injunction or other equitable relief upon the Indemnified Party or its Affiliates but involves solely the payment of money damages
for which the Indemnified Party will be fully indemnified and (iii) does not involve a finding or admission of any violation of applicable
Law or other wrongdoing by the Indemnified Party or its Affiliates. If the Indemnified Party assumes the defense of any such Third-Party
Claim pursuant to this <U>Section&nbsp;7.06(c)</U> and proposes to settle such Third-Party Claim, then the Indemnified Party shall give
the Indemnifying Party prompt written notice thereof and the Indemnifying Party shall have the right to participate in the settlement
or assume or reassume the defense of such Third-Party Claim. The Indemnified Party shall not admit any liability with respect to, or settle,
compromise, or discharge any Third-Party Claim without the Indemnifying Party&#8217;s prior written consent (such consent not to be unreasonably
withheld, conditioned, or delayed).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 7.07. <U>Remedies</U>. Each of the Parties
acknowledges and agrees that, except for claims arising out of Fraud (with respect to which none of the limitations herein apply), (a)&nbsp;other
than as provided in <U>Section&nbsp;8.10</U>, (i)&nbsp;the indemnification provisions of this <U>Article&nbsp;VII</U> shall be the sole
and exclusive remedies of the Parties for any breach of the representations and warranties contained in this Agreement, in any certificate
delivered pursuant to this Agreement and for any failure to perform and comply with any covenant or agreement by this Agreement, and (ii)
any and all claims arising out of, the transactions contemplated by this Agreement must be brought under, and in accordance with the terms
of, this Agreement (except with respect to the Transition Services Agreement and the transactions contemplated thereby), and (b)&nbsp;notwithstanding
anything herein to the contrary, no breach of any representation, warranty, covenant, or agreement contained herein shall give rise to
any right on the part of any Party, after the consummation of the transactions contemplated by this Agreement, to rescind this Agreement
or any of the transactions contemplated hereby. Each of the Parties hereby acknowledges and agrees that none of them or their respective
Indemnified Parties may avoid any limitation of Liability by seeking damages for breach of contract, tort, or pursuant to any other theory
of liability (including under any Environmental Law), all of which are hereby waived. Each of the Purchaser and the Company Entities hereby
acknowledges and agrees that the indemnities set forth in this <U>Article VII</U> supersede the provisions of the Reorganization Documents
and are the sole and exclusive remedy for claims against SPX or any of the Representatives of SPX in connection with the Reorganization
Transactions. Each Party shall direct its Representatives to comply with this <U>Section&nbsp;7.07</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">Article
VIII<BR>
<BR>
GENERAL PROVISIONS</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.01. <U>Expenses</U>. Except as otherwise
specified in this Agreement, all costs and expenses, including fees and disbursements of counsel, financial and other advisors and accountants,
incurred in connection with this Agreement and the transactions contemplated by this Agreement shall be borne by the Party incurring such
costs and expenses.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.02. <U>Notices</U>. All notices, requests,
claims, demands, and other communications under this Agreement shall be in writing and shall be given or made (and shall be deemed to
have been duly given or made upon receipt) by delivery in person, by an internationally recognized overnight courier service, or, if provided
below, by electronic mail (provided that no &#8220;bounceback&#8221; or notice of non-delivery is received) to the respective Parties
at the following addresses (or at such other address for a party as shall be specified in a notice given in accordance with this <U>Section
8.02</U>):</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>if to the Seller:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in">SPX Technologies, Inc.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in">6325 Ardrey Kell Road, Suite 400</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in">Charlotte, North Carolina 28277</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in"><U>Email</U>: &#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;john.nurkin@spx.com</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in"><U>Attention</U>:&#9;&nbsp;John W. Nurkin, General Counsel</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in">with a copy to:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in">Shearman &amp; Sterling LLP<BR>
599 Lexington Avenue<BR>
New York, New York 10022-6069</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in"><U>Email</U>: &#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;george.casey@shearman.com</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;hschiwek@shearman.com</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in"><U>Attention</U>: &#9;George A. Casey, Esq.<BR>
&#9; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;Heiko Schiwek, Esq.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>if to the Purchaser or to the Company Entities:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in"><BR>
Canvas Holdco, LLC<BR>
c/o Global Risk Capital<BR>
515 North Flagler Drive , Suite P300<BR>
West Palm Beach, Florida 33104<BR>
<U>Email</U>:&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jlo@g-risk.com and Gwakinshaw@g-risk.com</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in"><U>Attention</U>:&#9;&nbsp;John L. Osborne and Gary Wakinshaw</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in">and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in">Canvas Holdco, LLC<BR>
c/o Premia Holdings Inc<BR>
1787 Sentry Park West<BR>
VEVA 16, Suite 220<BR>
Blue Bell, PA 19422<BR>
<U>Email</U>:&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;bofarrell@premiareus.com and loates@premiareus.com<BR>
<U>Attention</U>:&#9;&nbsp;Bill O&#8217;Farrell and Leigh Oates</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in">with a copy to:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.43in">Jones Day<BR>
325 John H. McConnell Boulevard, Suite 600<BR>
Columbus, OH 43215-2673<BR>
<U>Email</U>:&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;agullett@jonesday.com<BR>
<U>Attention</U>:&#9;&nbsp;Ashley Gullett</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.03. <U>Public Announcements</U>. None
of the Parties shall make, or cause to be made, any press release or public announcement in respect of this Agreement, the other Transaction
Documents or the transactions contemplated hereby and thereby or otherwise communicate with any news media regarding this Agreement, the
other Transaction Documents or the transactions contemplated hereby and thereby without the prior written consent of the other Parties,
unless such press release or public announcement is required by Law or applicable stock exchange regulation, in which case the Parties
shall, to the extent practicable, consult with each other as to the timing and contents of any such press release, public announcement,
or communication; <U>provided</U>, <U>however</U>, that the prior written consent of the other Parties shall not be required hereunder
with respect to any press release, public announcement, or communication that is substantially similar to a press release, public announcement,
or communication previously issued with the prior written consent of such other Parties. Furthermore, in no event shall the Seller or
any of its Affiliates make any statements, written or otherwise, to the public relating to Asbestos Claims.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.04. <U>Severability</U>. If any term
or other provision of this Agreement is declared invalid, illegal, or incapable of being enforced by any Governmental Authority, all other
terms and provisions of this Agreement shall nevertheless remain in full force and effect for so long as the economic or legal substance
of the transactions contemplated by this Agreement is not affected in any manner materially adverse to any Party. Upon such determination
that any term or other provision is invalid, illegal, or incapable of being enforced, the Parties shall negotiate in good faith to modify
this Agreement so as to effect the original intent of the Parties as closely as possible in a mutually acceptable manner in order that
the transactions contemplated by this Agreement are consummated as originally contemplated to the greatest extent possible.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.05. <U>Entire Agreement</U>. This Agreement,
the Disclosure Schedules, and the other Transaction Documents constitute the entire agreement of the Parties with respect to the subject
matter hereof and thereof and supersede all prior agreements and undertakings, both written and oral, among the Parties with respect to
the subject matter hereof and thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.06. <U>Assignment</U>. This Agreement
and the rights and obligations hereunder may not be assigned by operation of law or otherwise without the express written consent of the
Seller and the Purchaser (which consent may be granted or withheld in the sole discretion of the Seller or the Purchaser), as the case
may be, and any attempted assignment that is not in accordance with this <U>Section&nbsp;8.06</U> shall be null and void; <U>provided</U>,
that the Seller may assign to a solvent third party any of its rights under <U>Article VII;</U> provided, further, that no such assignment
shall limit or reduce the Seller&#8217;s (or the Seller&#8217;s assignee&#8217;s) obligations hereunder.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.07. <U>Amendment</U>. This Agreement
may not be amended or modified except (a)&nbsp;by an instrument in writing signed by, or on behalf of, the Seller and the Purchaser that
expressly references the Section of this Agreement to be amended, or (b)&nbsp;by a waiver in accordance with <U>Section&nbsp;8.08</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.08. <U>Waiver</U>. Any Party may (a)&nbsp;extend
the time for the performance of any of the obligations or other acts of the other Parties, (b)&nbsp;waive any inaccuracies in the representations
and warranties of the other Parties contained herein or in any document delivered by the other Parties pursuant to this Agreement, or
(c)&nbsp;waive compliance with any of the agreements of the other Parties or conditions to such obligations contained herein. Any such
extension or waiver shall be valid only if set forth in an instrument in writing signed by the parties to be bound thereby. Notwithstanding
the foregoing, no failure or delay by any Party in exercising any right hereunder shall operate as a waiver thereof nor shall any single
or partial exercise thereof preclude any other or future exercise of any other right hereunder. Any waiver of any term or condition hereof
shall not be construed as a waiver of any subsequent breach or as a subsequent waiver of the same term or condition, or a waiver of any
other term or condition of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.09. <U>No Third-Party Beneficiaries</U>.
Except for the provisions of <U>Section 5.06</U>, <U>Article VII</U> and <U>Section 8.12</U>, which are intended to benefit and be enforceable
by the parties specified therein, this Agreement shall be binding upon and inure solely to the benefit of, and be enforceable by, only
the Parties and their respective successors and permitted assigns and nothing herein, express or implied, is intended to, or shall confer
upon, any other Person any right, benefit or remedy of any nature whatsoever, including any rights of employment for any specified period,
under or by reason of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.10. <U>Specific Performance</U>. The
Parties acknowledge and agree that the Parties would be irreparably damaged if any of the provisions of this Agreement are not performed
in accordance with their specific terms or are otherwise breached and that any non-performance or breach of this Agreement by any Party
could not be adequately compensated by monetary damages alone and that the Parties would not have any adequate remedy at law. Accordingly,
in addition to any other right or remedy to which any Party may be entitled, at law or in equity (including monetary damages), such Party
shall be entitled to seek enforcement of any provision of this Agreement by a decree of specific performance and to temporary, preliminary,
and permanent injunctive relief to prevent breaches or threatened breaches of any of the provisions of this Agreement, without proof of
actual damages or posting any bond or other undertaking. The Parties agree that they will not contest the appropriateness of specific
performance as a remedy or assert that a remedy of monetary damages would provide an adequate remedy for any breach or threatened breach
of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.11. <U>Governing Law</U>. This Agreement
shall be governed by, and construed in accordance with, the laws of the State of Delaware. All Actions that, directly or indirectly, arise
out of, or relate to, this Agreement shall be heard and determined exclusively in the Court of Chancery of the State of Delaware; <U>provided</U>,
<U>however</U>, that if such court does not have jurisdiction over such Action, such Action shall be heard and determined exclusively
in any Delaware state court or United States federal court sitting in the State of Delaware. Consistent with the preceding sentence, each
of the Parties hereby (a)&nbsp;submits to the exclusive jurisdiction of any federal or state court sitting in the State of Delaware for
the purpose of any Action brought by any Party that, directly or indirectly, arises out of or relates to this Agreement, (b)&nbsp;agrees
that service of process in such Action will be validly effected by sending notice in accordance with <U>Section 8.02</U>, (c)&nbsp;irrevocably
waives and releases, and agrees not to assert by way of motion, defense, or otherwise, in or with respect to any such Action, any claim
that (i) such Action is not subject to the subject matter jurisdiction of at least one of the above&#45;named courts, (ii) its property
is exempt or immune from attachment or execution in the State of Delaware, (iii) such Action is brought in an inconvenient forum, (iv)
that the venue of such Action is improper, or (v) this Agreement or the transactions contemplated by this Agreement may not be enforced
in or by any of the above&#45;named courts, and (d)&nbsp;agrees not to move to transfer any such Action to a court other than any of the
above&#45;named courts.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.12. <U>Provision With Respect to Legal
Representation</U>. Shearman &amp; Sterling LLP (&#8220;<U>S&amp;S</U>&#8221;) has served as counsel to SPX and the Company Entities,
in connection with the negotiation, preparation, execution, and delivery of this Agreement and the consummation of the transactions contemplated
herein, including the Reorganization Transactions, and Robinson, Bradshaw &amp; Hinson, P.A. (&#8220;<U>RBH</U>&#8221;) has served as
counsel to SPX and the Company Entities in connection with the Reorganization Transactions, and each of the Parties hereby agrees, on
its own behalf and on behalf of its directors, members, partners, officers, employees, and Affiliates, that notwithstanding such representation,
S&amp;S and RBH may each serve as counsel to SPX, any manager, director, member, partner, officer, employee, or Affiliate of SPX, in connection
with any litigation, claim, or obligation arising out of, or relating to, this Agreement, the transactions contemplated herein or the
Reorganization Transactions (any such representation, the &#8220;<U>Post-Closing Representation</U>&#8221;). Each of the Parties hereby
does, and shall cause each of its Affiliates to, consent to the foregoing arrangements and irrevocably waives (and shall not assert) any
actual or potential conflict of interest or any objection that may arise from any representation by S&amp;S or RBH permitted hereunder.
Each Party acknowledges that the foregoing provision applies whether or not S&amp;S or RBH provides legal services to the Seller or any
of its Subsidiaries after the Closing Date. Each Party, for itself and its Affiliates, hereby irrevocably acknowledges and agrees that
all communications and attorney work-product documentation between the Company Group and its counsel, including S&amp;S and RBH, made
in connection with the negotiation, preparation, execution, delivery, and performance under, or any dispute or proceeding arising out
of, or relating to, this Agreement, any agreements or transactions contemplated by this Agreement or the Reorganization Transactions,
or any matter relating to any of the foregoing are privileged communications and documentation between the Company Group and such counsel,
shall solely belong to the Seller and shall not pass and become an asset or property of the Company or its Subsidiaries following the
Closing; and from and after the Closing, none of the Purchaser, a Company Entity or any Person purporting to act on behalf of or through
the Purchaser, a Company Entity or any of their respective Affiliates, shall seek to obtain the same by any process. From and after the
Closing, each of the Company Entities and the Purchaser, on behalf of itself and its Affiliates, waives and shall not assert any attorney-client
privilege with respect to any communication between S&amp;S and RBH, on the one hand, and any member of the Company Group, on the other
hand, occurring prior to the Closing or in connection with any Post-Closing Representation; <U>provided</U> that, if a dispute arises
between the Purchaser and any Company Entity, on the one hand, and any other Person (except for the Seller or any of its Representatives),
on the other hand, the Purchaser and the Company Entities may exercise any and all protections from disclosure, including attorney-client
privileges and work product protections, associated with or arising from any communication between S&amp;S and RBH, on the one hand, and
any member of the Company Group, on the other hand, occurring prior to the Closing. The Parties further agree that S&amp;S and RBH, and
their respective partners and employees, are third party beneficiaries of this <U>Section 8.12</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.13. <U>Waiver of Jury Trial</U>. EACH
OF THE PARTIES HEREBY IRREVOCABLY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY WITH
RESPECT TO ANY ACTION OR LIABILITY, DIRECTLY OR INDIRECTLY, ARISING OUT OF, RELATING TO, OR IN CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS
CONTEMPLATED BY THIS AGREEMENT. EACH OF THE PARTIES HEREBY (A)&nbsp;CERTIFIES THAT NO REPRESENTATIVE OF ANY OTHER PARTY HAS REPRESENTED,
EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF ANY SUCH ACTION OR LIABILITY, SEEK TO ENFORCE THE FOREGOING WAIVER,
AND (B)&nbsp;ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED
BY THIS AGREEMENT, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS <U>SECTION 8.13</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">SECTION 8.14. <U>Counterparts</U>. This Agreement
may be executed and delivered (including by facsimile or other means of electronic transmission, such as by electronic mail in &#8220;pdf&#8221;
form) in two or more counterparts, and by the different Parties in separate counterparts, each of which when executed shall be deemed
to be an original, but all of which taken together shall constitute one and the same agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">[<I>Signature Pages Follow</I>]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">IN WITNESS WHEREOF, each of the Parties has caused
this Agreement to be executed as of the date first written above by its respective officers thereunto duly authorized.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 2.5in; text-indent: 0in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 12pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD COLSPAN="2">SPX TECHNOLOGIES, INC.</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;&nbsp;By:</TD>
  <TD STYLE="border-bottom: Black 1pt solid">/s/ John W. Nurkin</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Name: John W. Nurkin</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Title: Vice President, General Counsel and Secretary</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD COLSPAN="2">SPX, LLC</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;&nbsp;By:</TD>
  <TD STYLE="border-bottom: Black 1pt solid">/s/ John W. Nurkin</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Name: John W. Nurkin</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Title: Vice President and Secretary</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD COLSPAN="2">THE MARLEY-WYLAIN COMPANY, LLC</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;&nbsp;By:</TD>
  <TD STYLE="border-bottom: Black 1pt solid">/s/ John W. Nurkin</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Name: John W. Nurkin</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Title: Manager</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD COLSPAN="2">SPX COOLING TECHNOLOGIES, LLC</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;&nbsp;By:</TD>
  <TD STYLE="border-bottom: Black 1pt solid">/s/ John W. Nurkin</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Name: John W. Nurkin</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Title: Vice President and Secretary</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0">[Signature Page to Sale and Purchase Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt"></P>



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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD COLSPAN="2">CANVAS HOLDCO, LLC</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;&nbsp;By:</TD>
  <TD STYLE="border-bottom: Black 1pt solid">/s/ John Osborne</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Name: John Osborne</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Title: Authorized Person</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;&nbsp;By:</TD>
  <TD STYLE="border-bottom: Black 1pt solid">/s/ William O&rsquo;Farrell</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Name: William O&rsquo;Farrell</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Title: Authorized Person</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 2.5in; text-indent: 0in"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0">[Signature Page to Sale and Purchase Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -27pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin-bottom: 12pt; text-align: right">Exhibit 99.1&nbsp;</P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin-bottom: 12pt; text-align: center">SPX Technologies Divests Legacy Asbestos
<FONT STYLE="letter-spacing: -0.1pt">Liabilities<B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/125% Times New Roman, Times, Serif; margin: 0 12.75pt 0 5pt">CHARLOTTE, N.C., Nov. 1, 2022 (GLOBE NEWSWIRE) -- SPX
Technologies, Inc. (&#8220;SPX Technologies,&#8221; or &#8220;SPX&#8221;) (NYSE:SPXC) today announced that it has divested three wholly-owned
subsidiaries (&#8220;the subsidiaries&#8221;) that hold asbestos liabilities and certain assets, including related insurance assets, to
Canvas Holdco LLC (&#8220;Canvas&#8221;), an entity formed by a joint venture of Global Risk Capital LLC and an affiliate of Premia Holdings
Ltd. In connection with this</P>

<P STYLE="font: 10pt/10.8pt Times New Roman, Times, Serif; margin: 0 0 0 5pt">transaction, SPX contributed $138.8 million in cash to the
subsidiaries, financed with cash on hand; while Canvas made <FONT STYLE="letter-spacing: -0.5pt">a</FONT></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 2.3pt 12.75pt 0 5pt">capital contribution to the subsidiaries of $8 million.
SPX anticipates that the divestiture will result in an annual benefit to its Adjusted Earnings Per Share of $0.08 to $0.10 beginning in
2023.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 12.75pt 0 5pt">Gene Lowe, SPX&#8217;s President and Chief Executive
Officer stated: &#8220;I&#8217;m very pleased with this transaction, which is another step forward on our value creation journey. For
the past seven years SPX has been executing successfully on our value</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 12.75pt 0 5pt">creation initiatives, building our core platforms, exiting
non-strategic businesses, and reducing complexity and risk. The divestiture of these legacy liabilities further strengthens and streamlines
our company, and provides greater long-term</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0.05pt 12.75pt 0 5pt">financial certainty for our investors, as it further
simplifies our business model, improves our cash generation, and frees up resources to focus on driving accelerated organic and inorganic
growth.&#8221;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.2pt 0 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 5pt"><FONT STYLE="letter-spacing: -0.1pt">Transaction Overview</FONT></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 2.1pt 0 0 5pt">Canvas has assumed the operational management of the subsidiaries,
including the administration of all the asbestos claims and collection of existing insurance policy reimbursements.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 12.75pt 0 5pt">As a result of the transaction, all asbestos liabilities
and related insurance assets will not be included in SPX&#8217;s consolidated year-end 2022 balance sheet. The divestiture will result
in an estimated one-time loss that will be recorded in the fourth quarter of 2022, and will be excluded from adjusted earnings per share.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 0 0 5pt"><B>Nomura Securities International, Inc. </B>acted as exclusive
financial advisor to SPX in connection with the transaction, and legal counsel to SPX was provided by <B>Shearman &amp; Sterling LLP</B>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 5pt"><B>About SPX Technologies:</B> SPX Technologies is a diversified,
global supplier of highly engineered products <FONT STYLE="letter-spacing: -0.25pt">and</FONT></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 2.3pt 0 0 5pt">technologies, holding leadership positions in the HVAC
and detection and measurement markets. Based in Charlotte, North Carolina, SPX Technologies has more than 3,100 employees in 15 countries.
SPX Technologies is listed on the New York Stock Exchange under the ticker symbol &#8220;SPXC.&#8221; For more information, please visit
<FONT STYLE="color: Blue"><U>www.spx.com</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 4.55pt 0 0 5pt"><B>About Global Risk Capital:</B> Global Risk Capital
(GRC) is the leading acquirer and manager of legacy corporate assets and liabilities with operations in the U.S., U.K and Europe. Its
mission is to assist corporate stakeholders with achieving</P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 12.75pt 0 5pt">certainty and finality through transactions that optimize
corporate balance sheets and allow management to refocus on core business operations. Since 2001, it has completed over 140 portfolio
acquisitions and investments. For more information, please visit www.g-risk.com</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 12.75pt 0 5pt"><B>About Premia Holdings Ltd.:</B> (www.premiaholdings.com
) Premia Holdings Ltd. is an insurance and reinsurance group with operations in Bermuda, the U.S., the U.K. (including Lloyd&#8217;s)
and Continental Europe that is focused on sourcing,</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 1.1pt 0 5pt">structuring and servicing business in the legacy market
for insurers, reinsurers and industrials. With approximately $1 billion in managed capital, Premia is well equipped to execute acquisitions
and reinsurance transactions in the legacy market.</P>

<P STYLE="font: 11.5pt Times New Roman, Times, Serif; margin: 0.2pt 0 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0.05pt 0 0 5pt"></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0.05pt 0 0 5pt">Investor and Media <FONT STYLE="letter-spacing: -0.1pt">Contacts:</FONT></P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 3.75pt 258.5pt 0 5pt">Paul Clegg, VP, Investor Relations and Communications
Garrett Roelofs, Assistant Manager, Investor Relations Phone: 980-474-3806</P>

<P STYLE="font: 10pt/252% Times New Roman, Times, Serif; margin: 0.1pt 351.5pt 0 5pt">E-mail: spx.investor@spx.com Source: SPX Technologies,
Inc.</P>

<P STYLE="font: 10pt/252% Times New Roman, Times, Serif; margin: 0.1pt 351.5pt 0 5pt">&nbsp;</P>

<P STYLE="font: 10pt/252% Times New Roman, Times, Serif; margin: 0.1pt 351.5pt 0 5pt">&nbsp;</P>

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<TYPE>EX-99.2
<SEQUENCE>4
<FILENAME>ss1485867_ex9902.htm
<DESCRIPTION>PRO FORMA UNADUITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 99.2&nbsp;</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNAUDITED PRO FORMA CONDENSED CONSOLIDATED
FINANCIAL INFORMATION</B></P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/112% Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="background-color: white">On
November 1, 2022, SPX Technologies, Inc. (the &ldquo;Company&rdquo;) together with SPX, LLC, The Marley-Wylain Company, LLC (&ldquo;Marley-Wylain&rdquo;)
and SPX Cooling Technologies, LLC (&ldquo;SPXCT&rdquo;, and together with SPX, LLC and Marley-Wylain, the &ldquo;Target Companies&rdquo;),
each a wholly-owned subsidiary of the Company which holds asbestos and certain other liabilities and related insurance assets, entered
into a Sale and Purchase Agreement (the &ldquo;Purchase Agreement&rdquo;) with Canvas Holdco, LLC, a Delaware limited liability company
(&ldquo;Purchaser&rdquo;), </FONT>an entity formed by a joint venture of Global Risk Capital LLC and an affiliate of Premia Holdings Ltd.. Marley-Wylain and SPXCT are wholly owned subsidiaries of SPX, LLC.</P>

<P STYLE="font: 10pt/112% Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/112% Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Pursuant to the Purchase
Agreement, on November 1, 2022, the Company transferred to the Purchaser the issued and outstanding limited liability company membership
interests of SPX, LLC (the &ldquo;Sale&rdquo;). In connection with the Sale, the Company contributed an aggregate <FONT STYLE="background-color: white">$138.8
million of cash </FONT>to the Target Companies (the &ldquo;Contribution&rdquo;), and the Purchaser made a capital contribution of $8 million
to the Target Companies. The board of managers of the Target Companies have each received a solvency opinion from an independent advisory
firm that the Target Companies are solvent after giving effect to the Sale.</P>

<P STYLE="font: 10pt/112% Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/112% Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Pursuant to and as more specifically
described in the Purchase Agreement, the Target Companies have agreed to indemnify the Company and its affiliates for asbestos-related
liabilities. These indemnification obligations are not subject to any cap or time limitation.</P>

<P STYLE="font: 10pt/112% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/112% Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Purchase Agreement contains
customary representations and warranties with respect to the Target Companies, the Company and the Purchaser. Pursuant to the Purchase
Agreement, the Company and the Purchaser will each indemnify the other for breaches of representations and warranties or breaches of covenants,
subject to certain limitations as set forth in the Purchase Agreement.</P>

<P STYLE="font: 12pt/120% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following unaudited pro
forma condensed consolidated statements of operations for the year ended December 31, 2021, and nine months ended October 1, 2022, as
well as the pro forma condensed consolidated balance sheet as of October 1, 2022, have been derived from the Company&rsquo;s historical
consolidated financial information. The unaudited pro forma condensed consolidated statements of operations have been prepared as if the
Sale <FONT STYLE="background-color: white">occurred on January 1, 2021 (the first day of fiscal year 2021), while the unaudited pro forma
condensed consolidated balance sheet has been prepared as if the Sale occurred on October 1, 2022. The unaudited pro forma condensed consolidated
financial statements (the &ldquo;Pro Formas&rdquo;) and the accompanying notes should be read together</FONT> with the Company&rsquo;s
annual report on Form 10-K for the year ended December 31, 2021 and the Company&rsquo;s quarterly report on Form 10-Q for the quarter
ended October 1, 2022.</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Pro Formas do not purport
to represent what the Company&rsquo;s financial position and results of operations would have been had the Sale occurred on the dates
indicated or to project financial performance for any future period or as of a future date. In addition, the Pro Formas are based on currently
available information and certain assumptions that the Company believes are reasonable, and are provided for illustrative and informational
purposes only. The Pro Formas have been prepared to reflect adjustments to the Company&rsquo;s historical consolidated financial statements
that are (1) directly a<FONT STYLE="background-color: white">ttributable to the Sale; (2) factually supportable; and (3) with respect
to the unaudited pro forma condensed consolidated statements of operations, expected to have a continuing impact on the Company&rsquo;s
results of operations. The Pro Formas include adjustments to reflect the elimination of the operating results of </FONT>the Target Companies
<FONT STYLE="background-color: white">and the sale of </FONT>the Target Companies<FONT STYLE="background-color: white">, </FONT>including
the cash transferred with the Target Companies, and the resulting loss on sale. <FONT STYLE="background-color: white">Assumptions underlying
the pro forma adjustments are described in the accompanying notes.</FONT></P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

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<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0"><B></B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.75pt 0 1.5pt 2.65pt; text-align: center"><B>SPX TECHNOLOGIES, INC. AND SUBSIDIARIES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.75pt 0 1.5pt 2.65pt; text-align: center"><B>PRO FORMA CONDENSED CONSOLIDATED
STATEMENT OF OPERATIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.75pt 0 1.5pt 2.65pt; text-align: center"><B>(Unaudited; in millions, except
per share amounts)</B></P>
<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0"><B></B></P>

<P STYLE="font: 11pt/120% Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 9pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 12pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Year ended December 31, 2021</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Historical</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Transaction Accounting Adjustments</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Notes</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Pro Forma</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 12pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 40%; font-size: 10pt">Revenues</TD><TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">1,219.5</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 3%; font-size: 12pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="width: 1%; font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">1,219.5</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Costs and expenses:</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Cost of products sold</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">787.7</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">787.7</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Selling, general and administrative</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">309.6</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4.1</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">(a)</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">305.5</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Intangible amortization</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">21.6</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">21.6</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Impairment of goodwill and intangible assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">30.0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">30.0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Special charges, net</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1.0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1.0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 6.75pt">Other operating income, net</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(4.1</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">26.3</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">(a)</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(30.4</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 0.25in">Operating income</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">73.7</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(30.4</TD><TD STYLE="text-align: left">)</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">104.1</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Other income, net</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">9.0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(21.7</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">(a)</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">30.7</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 0.75pt">Interest expense</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(13.3</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(13.3</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 0.75pt">Interest income</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0.5</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0.5</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Income from continuing operations before income taxes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">69.9</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(52.1</TD><TD STYLE="text-align: left">)</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">122.0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 0.75pt">Income tax provision</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(10.9</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">13.8</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">(b)</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(24.7</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Income from continuing operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59.0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(38.3</TD><TD STYLE="text-align: left">)</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">97.3</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Income from discontinued operations, net of tax</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5.7</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5.7</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt">Gain on disposition of discontinued operations, net of tax</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">360.7</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(2.1</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">(c)</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">362.8</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6pt">Income from discontinued operations, net of tax</TD><TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">366.4</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(2.1</TD><TD STYLE="text-align: left">)</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">368.5</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 2.5pt">Net income</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">425.4</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(40.4</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="font-size: 12pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">465.8</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt">Earnings per share of common stock:</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6pt">Basic - Net income from continuing operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1.30</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">2.15</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6pt">Diluted - Net income from continuing operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1.27</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">2.09</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6pt">Basic - Net income from discontinued operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">8.09</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">8.14</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6pt">Diluted - Net income from discontinued operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">7.88</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">7.93</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Weighted-average number of common shares outstanding:</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; padding-left: 6pt">Basic</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">45.289</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">45.289</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; padding-left: 6pt">Diluted</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">46.495</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">46.495</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  </TABLE>


<P STYLE="font: 12pt/120% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/120% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.75pt 0 1.5pt 2.65pt; text-align: center"><B>SPX TECHNOLOGIES, INC. AND SUBSIDIARIES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.75pt 0 1.5pt 2.65pt; text-align: center"><B>PRO FORMA CONDENSED CONSOLIDATED
STATEMENT OF OPERATIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.75pt 0 1.5pt 2.65pt; text-align: center"><B>(Unaudited; in millions, except
per share amounts)</B></P>

<P STYLE="font: 12pt/120% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/120% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 9pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 12pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Nine months ended October 1, 2022</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt">&nbsp;</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Historical</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Transaction Accounting Adjustments</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Notes</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Pro Forma</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 40%; font-size: 10pt">Revenues</TD><TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">1,031.6</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 3%; font-size: 12pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="width: 1%; font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">1,031.6</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Costs and expenses:</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Cost of products sold</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">669.9</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">669.9</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Selling, general and administrative</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">261.6</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3.3</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">(a)</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">258.3</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Intangible amortization</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">23.1</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">23.1</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Special charges, net</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.1</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.1</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 6.75pt">Other operating (income) expense, net</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">1.0</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">2.3</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">(a)</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(1.3</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 0.25in">Operating income</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">75.9</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(5.6</TD><TD STYLE="text-align: left">)</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">81.5</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Other expense, net</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(19.8</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(17.0</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">(a)</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2.8</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 0.75pt">Interest expense</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(7.3</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(7.3</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 0.75pt">Interest income</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1.4</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1.4</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 0.75pt">Loss on amendment/refinancing of senior credit agreement</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(1.1</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(1.1</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Income from continuing operations before income taxes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">49.1</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(22.6</TD><TD STYLE="text-align: left">)</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">71.7</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 0.75pt">Income tax provision</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(4.5</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">6.0</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">(b)</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(10.5</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Income from continuing operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">44.6</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(16.6</TD><TD STYLE="text-align: left">)</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">61.2</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Income from discontinued operations, net of tax</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt">Loss on disposition of discontinued operations, net of tax</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(17.1</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(4.0</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">(c)</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(13.1</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6pt">Loss from discontinued operations, net of tax</TD><TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(17.1</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(4.0</TD><TD STYLE="text-align: left">)</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(13.1</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 2.5pt">Net income</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">27.5</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(20.6</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="font-size: 12pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">48.1</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt">Earnings per share of common stock:</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6pt">Basic - Net income from continuing operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.98</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1.35</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6pt">Diluted - Net income from continuing operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.96</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1.32</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6pt">Basic - Net loss from discontinued operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(0.38</TD><TD STYLE="text-align: left">)</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(0.29</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6pt">Diluted - Net loss from discontinued operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(0.37</TD><TD STYLE="text-align: left">)</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(0.28</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Weighted-average number of common shares outstanding:</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; padding-left: 6pt">Basic</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">45.382</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">45.382</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; padding-left: 6pt">Diluted</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">46.253</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">46.253</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  </TABLE>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.75pt 0 1.5pt 2.65pt; text-align: center"><B>SPX TECHNOLOGIES, INC. AND SUBSIDIARIES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.75pt 0 1.5pt 2.65pt; text-align: center"><B>PRO FORMA CONDENSED CONSOLIDATED
BALANCE SHEET</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.75pt 0 1.5pt 2.65pt; text-align: center"><B>(Unaudited; in millions)</B></P>

<P STYLE="font: 12pt/120% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 12pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">October 1, 2022</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Historical</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Transaction Accounting Adjustments</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Notes</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Pro Forma</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">ASSETS</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Current assets:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 40%; font-size: 10pt; text-align: left; padding-left: 6.75pt">Cash and equivalents</TD><TD STYLE="width: 3%; font-size: 9pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 9pt; text-align: left">$</TD><TD STYLE="width: 10%; font-size: 9pt; text-align: right">183.4</TD><TD STYLE="width: 1%; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="width: 3%; font-size: 9pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 9pt; text-align: left">$</TD><TD STYLE="width: 10%; font-size: 9pt; text-align: right">(138.8</TD><TD STYLE="width: 1%; font-size: 9pt; text-align: left">)</TD><TD STYLE="width: 3%; font-size: 9pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(d)</FONT></TD><TD STYLE="width: 1%; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="width: 3%; font-size: 9pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 9pt; text-align: left">$</TD><TD STYLE="width: 10%; font-size: 9pt; text-align: right">44.6</TD><TD STYLE="width: 1%; font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Accounts receivable, net</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">266.1</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">(5.6</TD><TD STYLE="font-size: 9pt; text-align: left">)</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(e)</FONT></TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">260.5</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Contract assets</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">30.2</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">30.2</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Inventories, net</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">265.2</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">265.2</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 6.75pt">Other current assets</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">92.8</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">(50.0</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">)</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(e)</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">42.8</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 12.75pt">Total current assets</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">837.7</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">(194.4</TD><TD STYLE="font-size: 9pt; text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">643.3</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Property, plant and equipment:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; padding-left: 6.75pt">Land</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">13.9</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">13.9</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Buildings and leasehold improvements</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">62.3</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">62.3</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 6.75pt">Machinery and equipment</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">227.8</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">227.8</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">304.0</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">304.0</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 6.75pt">Accumulated depreciation</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">(197.0</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">)</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">(197.0</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 6.75pt">Property, plant and equipment, net</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">107.0</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">107.0</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt">Goodwill</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">448.6</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">448.6</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Intangibles, net</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">403.7</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">403.7</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Other assets</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">619.8</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">(424.2</TD><TD STYLE="font-size: 9pt; text-align: left">)</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(e)</FONT></TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">195.6</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Deferred income taxes</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">24.5</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">(24.5</TD><TD STYLE="font-size: 9pt; text-align: left">)</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(e)</FONT></TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt">Assets of DBT and Heat Transfer (includes cash and cash equivalents of $3.9)</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">41.2</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">41.2</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 2.5pt">TOTAL ASSETS</TD><TD STYLE="font-size: 9pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right">2,482.5</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right">(643.1</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 9pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right">1,839.4</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">LIABILITIES AND STOCKHOLDERS&rsquo; EQUITY</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Current liabilities:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Accounts payable</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">$</TD><TD STYLE="font-size: 9pt; text-align: right">125.2</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">$</TD><TD STYLE="font-size: 9pt; text-align: right">(1.2</TD><TD STYLE="font-size: 9pt; text-align: left">)</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(e)</FONT></TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">$</TD><TD STYLE="font-size: 9pt; text-align: right">124.0</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Contract liabilities</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">45.5</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">45.5</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Accrued expenses</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">194.6</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">(48.8</TD><TD STYLE="font-size: 9pt; text-align: left">)</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(f)</FONT></TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">145.8</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Income taxes payable</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">6.8</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">6.8</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Short-term debt</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">1.9</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">1.9</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 6.75pt">Current maturities of long-term debt</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">0.4</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">0.4</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 6.75pt">Total current liabilities</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">374.4</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">(50.0</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">324.4</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Long-term debt</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">244.6</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">244.6</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Deferred and other income taxes</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">25.5</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">2.6</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(e)</FONT></TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">28.1</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Other long-term liabilities</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">726.9</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">(522.5</TD><TD STYLE="font-size: 9pt; text-align: left">)</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(e)</FONT></TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">204.4</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt">Liabilities of DBT and Heat Transfer</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">31.4</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">31.4</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 11.25pt">Total long-term liabilities</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">1,028.4</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">(519.9</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">508.5</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Stockholders&rsquo; Equity:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Common stock</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">0.5</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">0.5</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Paid-in capital</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">1,331.9</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">1,331.9</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Retained deficit</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">(24.3</TD><TD STYLE="font-size: 9pt; text-align: left">)</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">(73.2</TD><TD STYLE="font-size: 9pt; text-align: left">)</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(g)</FONT></TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">(97.5</TD><TD STYLE="font-size: 9pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-left: 6.75pt">Accumulated other comprehensive income</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">237.2</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">237.2</TD><TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 6.75pt">Common stock in treasury</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">(465.6</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">)</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">(465.6</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 6.75pt">Total stockholders&rsquo; equity</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">1,079.7</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">(73.2</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">1,006.5</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 2.5pt">TOTAL LIABILITIES AND STOCKHOLDERS&rsquo;&nbsp;&nbsp;EQUITY</TD><TD STYLE="font-size: 9pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right">2,482.5</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right">(643.1</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 9pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right">1,839.4</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 12pt/120% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

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<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Notes to Unaudited Pro Forma Condensed Consolidated
Financial Statements</B></P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Amounts in millions)</B></P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Note 1 &mdash; Basis of Presentation</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify">The historical consolidated financial statements
have been adjusted in the unaudited pro forma condensed consolidated financial statements to give effect to pro forma adjustments. The
pro forma condensed consolidated financial statements do not necessarily reflect what the Company&rsquo;s financial condition or results
of operations would have been had the Sale occurred on the dates indicated. The actual financial position and results of operations may
differ significantly from the pro forma amounts reflected herein due to a variety of factors.</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Note 2 &mdash; Pro Forma Adjustments</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify">The Unaudited Pro Forma Condensed Consolidated
Financial Statements reflect the effect of the following pro forma adjustments:</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt; text-align: justify">(a) Represents adjustments to eliminate
the operating results of the <FONT STYLE="background-color: white">Target Companies, including:</FONT></P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Administrative expenses related to management of asbestos-related claims;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Legal costs incurred in connection with insurance recovery disputes; </TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Charges associated with adjustments to insurance recovery assets and asbestos-related liabilities; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top"><TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Charges associated with a legacy environmental matter disposed of with the Sale.</TD></TR></TABLE>


<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt">&nbsp;</P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt">(b) Represents the estimated tax impact of the aggregate
adjustments noted in item (a).</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt"><FONT STYLE="font-size: 11pt">(</FONT><FONT STYLE="font-size: 10pt">c)
Represents the removal of charges associated with adjustments to insurance recovery assets and asbestos-related liabilities, net of the
estimated tax impact.</FONT></P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt">&nbsp;</P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt">(d) Represents cash contributed to the Target Companies
by the Company of approximately $138.8.</P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt">&nbsp;</P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt">(e) Represents adjustments to reflect the disposition of
the asbestos-related assets and liabilities, including administrative expenses payable, of the Target Companies associated with the Sale,
along with the write-off of the associated deferred tax assets.</P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt">&nbsp;</P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt">(f) Represents the removal of accrued expenses related to
the Target Companies ($54.8), partially offset by the recognition of a liability for transaction costs not paid at the time of the Sale
($6.0).</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt">(g) Represents the recognition of the estimated loss related
to the Sale. Amount is comprised of the following:</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 70%; text-align: left">Net liabilities sold</TD><TD STYLE="width: 10%; font-size: 9pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 9pt; text-align: left">$</TD><TD STYLE="width: 18%; font-size: 9pt; text-align: right">98.7</TD><TD STYLE="width: 1%; font-size: 9pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Cash contributed by the Company</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">(138.8</TD><TD STYLE="font-size: 9pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Transaction fees</TD><TD STYLE="font-size: 9pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 9pt; text-align: right">(6.0</TD><TD STYLE="font-size: 9pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Write-off of deferred tax assets</TD><TD STYLE="font-size: 9pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right">(27.1</TD><TD STYLE="padding-bottom: 1pt; font-size: 9pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">Estimated loss on sale</TD><TD STYLE="font-size: 9pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right">(73.2</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 9pt; text-align: left">)</TD></TR>
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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt">The amount of loss could change materially as the Company
finalizes its estimates to be reported in its Report on Form 10-K for the year ending December 31, 2022.</P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt">&nbsp;</P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0 4.5pt"></P>

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    <import namespace="http://xbrl.sec.gov/dei/2022" schemaLocation="https://xbrl.sec.gov/dei/2022/dei-2022.xsd" />
    <import namespace="http://fasb.org/us-gaap/2022" schemaLocation="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd" />
    <import namespace="http://fasb.org/us-gaap-sup/2022q3" schemaLocation="https://xbrl.fasb.org/us-gaap/2022q3/us-gaap-sup-2022q3.xsd" />
    <import namespace="http://fasb.org/srt-sup/2022q3" schemaLocation="https://xbrl.fasb.org/srt/2022q3/srt-sup-2022q3.xsd" />
    <import namespace="http://fasb.org/us-types/2022" schemaLocation="https://xbrl.fasb.org/us-gaap/2022/elts/us-types-2022.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/2020-01-21" schemaLocation="https://www.xbrl.org/dtr/type/2020-01-21/types.xsd" />
    <import namespace="http://xbrl.sec.gov/country/2022" schemaLocation="https://xbrl.sec.gov/country/2022/country-2022.xsd" />
    <import namespace="http://fasb.org/srt/2022" schemaLocation="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd" />
    <import namespace="http://fasb.org/srt-types/2022" schemaLocation="https://xbrl.fasb.org/srt/2022/elts/srt-types-2022.xsd" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>6
<FILENAME>spxc-20221101_lab.xml
<DESCRIPTION>XBRL LABEL FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.16b -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>7
<FILENAME>spxc-20221101_pre.xml
<DESCRIPTION>XBRL PRESENTATION FILE
<TEXT>
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<head>
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<span style="display: none;">v3.22.2.2</span><table class="report" border="0" cellspacing="2" id="idm140438562808448">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Nov. 01, 2022</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Nov.  01,  2022<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">1-6948<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">SPX Technologies, Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000088205<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">88-3567996<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">6325 Ardrey Kell Road<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">Suite 400<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Charlotte<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NC<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">28277<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">(980)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">474-3700<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock, par value $0.01<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">SPXC<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
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<tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
