<SEC-DOCUMENT>0001193125-24-179856.txt : 20240717
<SEC-HEADER>0001193125-24-179856.hdr.sgml : 20240717
<ACCEPTANCE-DATETIME>20240717060147
ACCESSION NUMBER:		0001193125-24-179856
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		19
CONFORMED PERIOD OF REPORT:	20240716
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20240717
DATE AS OF CHANGE:		20240717

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			V F CORP
		CENTRAL INDEX KEY:			0000103379
		STANDARD INDUSTRIAL CLASSIFICATION:	MEN'S & BOYS' FURNISHINGS, WORK CLOTHING, AND ALLIED GARMENTS [2320]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				231180120
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			0329

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05256
		FILM NUMBER:		241120891

	BUSINESS ADDRESS:	
		STREET 1:		1551 WEWATTA STREET
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
		BUSINESS PHONE:		(720) 778-4000

	MAIL ADDRESS:	
		STREET 1:		1551 WEWATTA STREET
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VF CORPORATION
		DATE OF NAME CHANGE:	19900621

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VANITY FAIR MILLS INC
		DATE OF NAME CHANGE:	19690520
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Soliciting material pursuant to Rule <span style="white-space:nowrap">14a-12</span> under the Exchange Act (17 CFR <span style="white-space:nowrap">240.14a-12)</span></p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="white-space:nowrap">Pre-commencement</span> communications pursuant to Rule <span style="white-space:nowrap">14d-2(b)</span> under the Exchange Act (17 CFR <span style="white-space:nowrap">240.14d-2(b))</span></p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="duration_2024-07-16_to_2024-07-16_us-gaap-StatementClassOfStockAxis_vfc32-M0.625SeniorNotesDue2032Member" format="ixt-sec:exchnameen" id="ixv-370">New York Stock Exchange</ix:nonNumeric></td></tr></table> <p style="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule <span style="white-space:nowrap">12b-2</span> of the Securities Exchange Act of 1934 <span style="white-space:nowrap">(&#167;240.12b-2</span> of this chapter).</p> <p style="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Emerging growth company&#8194;<ix:nonNumeric name="dei:EntityEmergingGrowthCompany" contextRef="duration_2024-07-16_to_2024-07-16" format="ixt-sec:boolballotbox" id="ixv-371">&#9744;</ix:nonNumeric></p> <p style="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section&#160;13(a) of the Exchange Act.&#8194;&#9744;</p> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <p style="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&#160;</p> <p style="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&#160;</p></div></div>

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<td style="width:11%;vertical-align:top" align="left"><span style="font-weight:bold">Item&#8201;1.01.</span></td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Entry into a Material Definitive Agreement </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">On July 16, 2024, V.F. Corporation (&#8220;<span style="font-weight:bold">VF</span>&#8221;) entered into a Stock and Asset Purchase Agreement (the &#8220;<span style="font-weight:bold">Purchase Agreement</span>&#8221;) with EssilorLuxottica S.A. (&#8220;<span style="font-weight:bold">Buyer</span>&#8221;), pursuant to which, among other things, VF has agreed to sell its Supreme<sup style="font-size:75%; vertical-align:top">&#174;</sup> brand business (&#8220;<span style="font-weight:bold">Supreme</span>&#8221;) to Buyer (the &#8220;<span style="font-weight:bold">Transaction</span>&#8221;). </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The consummation of the transactions contemplated by the Purchase Agreement is subject to certain specified closing conditions, including the receipt of certain regulatory approvals and other customary closing conditions, including, subject to certain materiality exceptions, the accuracy of each party&#8217;s representations and warranties and each party&#8217;s compliance with its obligations and covenants under the Purchase Agreement. The Transaction does not require the approval of VF&#8217;s shareholders. Subject to the satisfaction or waiver of the foregoing conditions and the other terms and conditions contained in the Purchase Agreement, the transaction is expected to close by end of calendar year 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Upon the terms and subject to the conditions set forth in the Purchase Agreement, Buyer has agreed to pay an aggregate base purchase price of $1,500,000,000, subject to customary adjustments for cash, indebtedness, working capital and transaction expenses as more fully set forth in the Purchase Agreement. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The sale of Supreme is expected to be dilutive to VF&#8217;s earnings per share in VF&#8217;s 2025 fiscal year. Supreme contributed $538 million of revenue and $166 million in operating income during VF&#8217;s 2024 fiscal year. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Purchase Agreement contains representations, warranties, and covenants of the parties customary for transactions of this type. Prior to the consummation of the transactions contemplated by the Purchase Agreement, VF has agreed, subject to certain exceptions, to conduct the Supreme business in the ordinary course. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Purchase Agreement contains certain termination rights for Buyer and VF, in certain circumstances, including: (a)&#160;by mutual written agreement of the parties; (b)&#160;by either party if the Transaction is not consummated on or before January&#160;16, 2025, provided that such right to terminate is not available to any party whose breach of its obligations under the Purchase Agreement has primarily caused or primarily resulted in the failure of the consummation of the Transaction; (c)&#160;by either party if the Transaction would violate any non-appealable final order, decree or judgment of any governmental authority or any applicable law in any jurisdiction in which the parties and their respective subsidiaries have material assets or material business operations that makes the consummation of the Transaction illegal or permanently enjoins the parties from consummating the Transaction, or (d)&#160;by either party for certain material breaches of the Purchase Agreement that are not cured. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The foregoing description of the Purchase Agreement and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the Purchase Agreement, which is filed as Exhibit 2.1 to this Current Report on Form <span style="white-space:nowrap">8-K</span> and incorporated by reference herein. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:11%;vertical-align:top" align="left"><span style="font-weight:bold">Item&#8201;7.01.</span></td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Regulation FD Disclosure </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">On July 17, 2024, VF and Buyer issued a press release announcing the execution of the Purchase Agreement. The press release is attached as Exhibit 99.1 and is incorporated herein by reference. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Forward-Looking Statements </p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This Current Report on Form 8-K contains &#8220;forward-looking statements&#8221; within the meaning of the federal securities laws. Forward- looking statements are made based on VF&#8217;s expectations and beliefs concerning future events impacting VF and therefore involve several risks and uncertainties. You can identify these statements by the fact that they use words such as &#8220;will,&#8221; &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;should,&#8221; and &#8220;may&#8221; and other words and terms of similar meaning or use of future dates, however, the absence of these words or similar expressions does not mean that a statement is not forward-looking. All statements regarding the expected benefits, financial impact and timing of the sale of the Supreme&#174; brand, including the use of proceeds therefrom, and assumptions related thereto are forward-looking statements. VF cautions that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. VF undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Potential risks and uncertainties that could cause the actual results of operations or financial condition of VF to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: whether and when the required regulatory approvals for the proposed sale of the Supreme&#174; brand will be obtained, whether and when the closing conditions will be satisfied and whether and when the proposed sale of the Supreme&#174; brand will close, if at all; VF&#8217;s ability to execute, and realize benefits, successfully, or at all, from the proposed sale of the Supreme&#174; brand; the level of consumer demand for apparel and footwear; disruption to VF&#8217;s distribution system; changes in global economic conditions and the financial strength of VF&#8217;s consumers and customers, including as a result of current inflationary pressures; fluctuations in the price, availability and quality of raw materials and finished products; disruption and volatility in the global capital and credit markets; VF&#8217;s response to changing fashion trends, evolving consumer preferences and changing patterns of consumer behavior; VF&#8217;s ability to maintain the image, health and equity of its brands, including through investment in brand building and product innovation; intense competition from online retailers and other direct-to-consumer business risks; increasing pressure on margins; retail industry changes and challenges; VF&#8217;s ability to execute its Reinvent transformation program and other business priorities, including measures to streamline and right-size its cost base and strengthen the balance sheet while reducing leverage, including any sale of the Supreme&#174; brand; VF&#8217;s ability to successfully establish a global commercial organization, and identify and capture efficiencies in its business model; any inability of VF or third parties on which VF relies, to maintain the strength and security of information technology systems; the fact that VF&#8217;s facilities and systems, and those of third parties on which VF relies, are frequent targets of cyber-attacks, and may in the future be vulnerable to such attacks, and any inability or failure by VF or such third parties to anticipate or detect data or information security breaches or other cyber-attacks, including the cyber incident that was reported by VF in December 2023, could result in data or financial loss, reputational harm, business disruption, damage to VF&#8217;s relationships with customers, consumers, employees and third parties on which VF relies, litigation, regulatory investigations, enforcement actions or other negative impacts; any inability by VF or third parties on which VF relies to properly collect, use, manage and secure business, consumer and employee data and comply with privacy and security regulations; VF&#8217;s ability to adopt new technologies, including artificial intelligence, in a competitive and responsible manner; foreign currency fluctuations; stability of VF&#8217;s vendors&#8217; manufacturing facilities and operations and VF&#8217;s ability to establish and maintain effective supply chain capabilities; continued use by VF&#8217;s suppliers of ethical business practices; VF&#8217;s ability to accurately forecast demand for products; actions of activist and other shareholders; VF&#8217;s ability to recruit, develop or retain key executive or employee talent or successfully transition executives; continuity of members of VF&#8217;s management; changes in the availability and cost of labor; VF&#8217;s ability to protect trademarks and other intellectual property rights; possible goodwill and other asset impairment; maintenance by VF&#8217;s licensees and distributors of the value of VF&#8217;s brands; VF&#8217;s ability to execute acquisitions and divestitures, integrate acquisitions and manage its brand portfolio, including any sale of the Supreme&#174; brand; business resiliency in response to natural or man-made economic, public health, cyber, political or environmental disruptions; changes in tax laws and additional tax liabilities; legal, regulatory, political, economic, and geopolitical risks, including those related to the current conflicts in Ukraine and the Middle East and tensions between the U.S. and China; changes to laws and regulations; adverse or unexpected weather conditions, including any potential effects from climate change; VF&#8217;s indebtedness and its ability to obtain financing on favorable terms, if needed, could prevent VF from fulfilling its financial obligations; VF&#8217;s ability to pay and declare dividends or repurchase its stock in the future; climate change and increased focus on environmental, social and governance issues; VF&#8217;s ability to execute on its sustainability strategy and achieve its sustainability-related goals and targets; risks arising from the widespread outbreak of an illness or any other communicable disease, or any other public health crisis, including the coronavirus (COVID-19) global pandemic; and tax risks associated with the spin-off of VF&#8217;s Jeanswear business completed in 2019. More information on potential factors that could affect VF&#8217;s financial results is included from time to time in VF&#8217;s public reports filed with the SEC, including VF&#8217;s Annual Report on Form 10-K, and Quarterly Reports on Form 10-Q, and Forms 8-K filed or furnished with the SEC. </p>
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<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Financial Statements and Exhibits </p></td></tr></table> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top"><a href="d871255dex21.htm">Stock and Asset Purchase Agreement dated as of July 16, 2024 between V.F. Corporation and EssilorLuxottica S.A. </a></td></tr>
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<td style="vertical-align:top"><a href="d871255dex991.htm">Press Release issued by V.F. Corporation and EssilorLuxottica S.A., dated July 17, 2024. </a></td></tr>
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<td style="vertical-align:top">Cover Page Interactive Data File (embedded within the Inline XBRL document).</td></tr>
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<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Certain schedules and exhibits have been omitted pursuant to Item 601(b)(2) of Regulation <span style="white-space:nowrap">S-K.</span> VF hereby agrees to furnish a copy of any omitted schedule or exhibit to the SEC upon request. </p></td></tr></table>
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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">SIGNATURES </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date:&#8195;July 17, 2024 </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p><div>
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<td style="vertical-align:bottom"> <p style="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Jennifer S. Sim</p></td></tr>
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<td style="vertical-align:bottom">Name:</td>
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<td style="vertical-align:top">Jennifer S. Sim</td></tr>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Chief Legal Officer &amp; Corporate Secretary</p></td></tr>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 2.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Execution Version </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>STOCK
AND ASSET PURCHASE AGREEMENT </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">dated as of </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">July&nbsp;16, 2024 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">between </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ESSILORLUXOTTICA S.A.<SUP STYLE="font-size:75%; vertical-align:top"> </SUP> </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>V.F. CORPORATION </B></P>
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<TD VALIGN="bottom">&nbsp;</TD>
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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">P<SMALL>AGE</SMALL></TD>
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<TD VALIGN="top" COLSPAN="3" ALIGN="center">ARTICLE 1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
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<TD VALIGN="bottom"></TD>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">D<SMALL>EFINITIONS</SMALL></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
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<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;1.01.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Definitions</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;1.02.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Other Definitional and Interpretative Provisions</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">21</TD>
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<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">ARTICLE 2</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">P<SMALL>URCHASE</SMALL> <SMALL>AND</SMALL> S<SMALL>ALE</SMALL></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
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<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.01.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Purchase and Sale of the Interests</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.02.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Purchase and Sale of the Purchased Assets</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.03.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Assumed Liabilities</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.04.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Limitation on Assignment of Purchased Assets</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.05.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Purchase Price; Allocation of Purchase Price</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.06.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Estimated Purchase Price</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.07.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Closing</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.08.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Foreign Transfer Agreements</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.09.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Final Purchase Price Calculation</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.10.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Adjustment of Purchase Price</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.11.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Withholding</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.12.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Further Agreement</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">ARTICLE 3</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">R<SMALL>EPRESENTATIONS</SMALL> <SMALL>AND</SMALL> W<SMALL>ARRANTIES</SMALL> <SMALL>OF</SMALL> S<SMALL>ELLER</SMALL></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.01.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Corporate Existence and Power</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.02.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Corporate Authorization</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.03.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Governmental Authorization</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.04.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Noncontravention</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.05.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Purchased Subsidiaries</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.06.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Financial Statements; Undisclosed Liabilities</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.07.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Absence of Certain Changes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.08.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Material Contracts</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.09.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Litigation</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.10.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Compliance with Laws</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.11.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Properties; Liens</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.12.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Intellectual Property; Data Privacy</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.13.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Permits</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.14.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Finders&#146; Fees</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.15.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Employee Benefit Plans and Labor Matters</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.16.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Taxes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.17.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Environmental Compliance</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.18.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Product Liability; Product Warranty</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.19.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Customers; Suppliers</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.20.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Insurance</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.21.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Trade Control Matters</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.22.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Affiliate Transactions</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.23.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Anti-Corruption Matters</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.24.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>TID U.S. Business Status</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.25.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Sufficiency</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.26.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>No Other Representations and Warranties</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">ARTICLE 4</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">R<SMALL>EPRESENTATIONS</SMALL> <SMALL>AND</SMALL> W<SMALL>ARRANTIES</SMALL> <SMALL>OF</SMALL> B<SMALL>UYER</SMALL></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.01.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Corporate Existence and Power</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.02.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Corporate Authorization</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.03.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Governmental Authorization</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.04.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Noncontravention</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.05.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Financing</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.06.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Litigation</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.07.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Finders&#146; Fees</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.08.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Inspections; No Other Representations</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.09.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Purchase for Investment</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">ARTICLE 5</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">C<SMALL>OVENANTS</SMALL> <SMALL>OF</SMALL> S<SMALL>ELLER</SMALL></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.01.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Conduct of the Business</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.02.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Confidentiality</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.03.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Termination of Intercompany Arrangements</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.04.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Data Processing</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.05.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP><FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.06.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Third Party Approvals</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">ARTICLE 6</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">C<SMALL>OVENANTS</SMALL> <SMALL>OF</SMALL> B<SMALL>UYER</SMALL></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.01.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Confidentiality</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.02.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Seller Marks</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.03.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Data Processing</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">ARTICLE 7</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">C<SMALL>OVENANTS</SMALL> <SMALL>OF</SMALL> B<SMALL>UYER</SMALL> <SMALL>AND</SMALL> S<SMALL>ELLER</SMALL></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.01.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Reasonable Best Efforts; Further Assurance</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.02.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Regulatory Matters</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.03.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Certain Filings</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.04.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Public Announcements</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.05.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Notices of Certain Events</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
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<TD></TD>
<TD></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.06.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Insurance</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.07.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP><FONT STYLE="white-space:nowrap">Non-solicit</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.08.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Waiver of Conflicts Regarding Representation; Nonassertion of Attorney-Client Privilege</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.09.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Access to Information; Cooperation</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.10.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Replacement of Guaranties</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.11.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Supreme Marks.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.12.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>R&amp;W Insurance Policy</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.13.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Misallocated Assets</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">ARTICLE 8</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">T<SMALL>AX</SMALL> M<SMALL>ATTERS</SMALL></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.01.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Preparation of Tax Returns; Allocation of Taxes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">77</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.02.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Cooperation on Tax Matters</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.03.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Refunds</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.04.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Buyer Post-Closing Covenants</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.05.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Tax Elections</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.06.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Tax Sharing</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.07.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Tax Indemnification</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.08.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Tax Claim Procedures</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">83</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.09.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Swiss Tax Matters</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.10.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Survival</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">ARTICLE 9</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">E<SMALL>MPLOYEE</SMALL> M<SMALL>ATTERS</SMALL></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;9.01.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Transferred Employees</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.02.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Maintenance of Compensation and Benefits</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.03.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>U.S. Defined Contribution Plans</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.04.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Annual Bonuses</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">88</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.05.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>International Plans</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">88</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.06.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Service Credit</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">89</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.07.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Immigration Filings</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">89</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.08.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Welfare Plans</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.09.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP><FONT STYLE="white-space:nowrap">Pre-Existing</FONT> Conditions and <FONT STYLE="white-space:nowrap">Co-Payments</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.10.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>WARN Act</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.11.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Workers Compensation</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.12.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Retention Agreements</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.13.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Assumption of Employee Liabilities</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.14.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>No Third Party Beneficiaries</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center"><FONT STYLE="font-size:10pt">ARTICLE 10</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">C<SMALL>ONDITIONS</SMALL> <SMALL>TO</SMALL> C<SMALL>LOSING</SMALL></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.01.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Conditions to Obligations of Buyer and Seller</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.02.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Conditions to Obligation of Buyer</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">iii </P>

</DIV></Center>


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<TD WIDTH="82%"></TD>

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<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.03.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Conditions to Obligation of Seller</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">93</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">ARTICLE 11</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">T<SMALL>ERMINATION</SMALL></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.01.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Grounds for Termination</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">93</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.02.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Effect of Termination</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">95</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">ARTICLE 12</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">S<SMALL>URVIVAL</SMALL>; I<SMALL>NDEMNIFICATION</SMALL></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.01.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Survival of Representations, Warranties and Agreements</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">95</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.02.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Indemnification</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">95</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.03.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Third Party Claim Procedures</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">96</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.04.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Direct Claim Procedures</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">98</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.05.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Calculation of Damages</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">98</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.06.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Tax Indemnification</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">99</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.07.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Exclusivity</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">99</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">ARTICLE 13</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center">M<SMALL>ISCELLANEOUS</SMALL></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.01.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Notices</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">99</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.02.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Amendments and Waivers</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.03.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Expenses</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.04.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Successors and Assigns</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.05.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Governing Law</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.06.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Jurisdiction; WAIVER OF JURY TRIAL</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.07.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Counterparts; Effectiveness; No Third Party Beneficiaries</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.08.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Specific Performance</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.09.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Entire Agreement</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.10.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Bulk Sales Laws</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.11.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Severability</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.12.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Disclosure Schedule</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.13.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>No Right to <FONT STYLE="white-space:nowrap">Set-Off</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.14.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>No Recourse</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Schedules and Exhibits </B></P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Disclosure Schedule </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


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<TD VALIGN="top">Schedule I</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Illustrative Purchase Price Calculation Schedule</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Schedule II</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Purchased Subsidiaries</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Schedule III</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Exhibit A</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Transition Services Agreement</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Exhibit B</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Allocation Methodology</TD></TR>
</TABLE> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">iv </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>STOCK AND ASSET PURCHASE AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">STOCK AND ASSET PURCHASE AGREEMENT (together with the annexes, schedules, appendices and exhibits hereto and as this Agreement and any of the
foregoing may be amended from time to time in accordance with its terms, this &#147;<B>Agreement</B>&#148;) dated as of July&nbsp;16, 2024 by and between V.F. Corporation, a Pennsylvania corporation (&#147;<B>Seller</B>&#148;), and EssilorLuxottica
S.A., a French joint-stock company (&#147;<B>Buyer</B>&#148;). </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>W I T N E S S E T H : </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, Seller, together with its Subsidiaries, owns and operates the Business (as defined below); and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, Buyer desires to purchase the Interests (as defined below) and the Purchased Assets (as defined below) and assume the Assumed
Liabilities (as defined below), in each case, from Seller and its Subsidiaries, and Seller and its Subsidiaries desire to sell the Interests and the Purchased Assets and transfer the Assumed Liabilities to Buyer, upon the terms and subject to the
conditions hereinafter set forth. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">ACCORDINGLY, in consideration of the foregoing and the representations, warranties, covenants and
agreements contained herein (the receipt and sufficiency of which is hereby acknowledged and agreed), the parties hereto agree as follows: </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ARTICLE 1 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">D<SMALL>EFINITIONS</SMALL> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;1.01. <I>Definitions</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) As used herein, the following terms have the following meanings: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Accounting Policies</B>&#148; means the accounting policies, principles, practices and methodologies, in each case, used in the
preparation of the Financial Statements. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Action</B>&#148; means any complaint, claim, arbitration, litigation, action, cause of
action, demand, charge, suit, investigation, proceeding, audit, mediation, petition or other similar proceeding, whether civil or criminal, at law or in equity, in each case from, by or before any Governmental Authority. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Affiliate</B>&#148; means, with respect to any Person, any other Person directly or indirectly controlling, controlled by, or under
common control with such other Person. For purposes of this definition, &#147;control&#148; when used with respect to any Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the
ownership of voting securities, by Contract or otherwise, and the terms &#147;controlling&#148; and &#147;controlled&#148; have correlative meanings. For the avoidance of doubt, as used in this Agreement, the term &#147;Affiliate&#148; shall,
(i)&nbsp;with respect to Buyer for all periods following the consummation of the transactions contemplated by this Agreement, include each Purchased Subsidiary to be acquired pursuant to this Agreement and any Person it creates to consummate the
transactions contemplated by this Agreement and (ii)&nbsp;with respect to Seller for all periods until the consummation of the transactions contemplated by this Agreement, include each Purchased Subsidiary to be sold pursuant to this Agreement (and
their respective predecessors) and any Person it creates to consummate the transaction contemplated by this Agreement. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Applicable Law</B>&#148; means, with respect to any Person or the Business, all
applicable transnational, domestic or foreign federal, state, local or municipal laws, rules, regulations, ordinances, directives, tariffs, statutes, treaties, conventions and other agreements between states, or between states and the European Union
or other supranational bodies, rules of common law, and all other laws of, or having an effect in, any jurisdiction from time to time, any rules of any stock exchange on which the shares of any party (or its holding company) are listed and any
binding Order, decree or ruling of any Governmental Authority having jurisdiction with respect to such Person or the Business. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Balance Sheet Date</B>&#148; means March&nbsp;30, 2024. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Balance Sheets</B>&#148; means the balance sheets set forth on <U>Section</U><U></U><U>&nbsp;1.01(a)(i)</U> of the Disclosure
Schedule under the heading &#147;Balance Sheets&#148;. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Benefit Plan</B>&#148; means any (i) &#147;employee benefit plan&#148; as
defined in Section&nbsp;3(3) of ERISA, whether or not subject to ERISA, (ii)&nbsp;compensation, employment, consulting, independent contractor, severance, termination protection, change in control, transaction bonus, retention or similar plan,
agreement, arrangement, program or policy or (iii)&nbsp;other plan, agreement, arrangement, program or policy providing for benefits or compensation, including bonuses, commissions, profit-sharing, equity or equity-based compensation or other forms
of incentive or deferred compensation, vacation benefits, insurance (including any self-insured arrangement), medical, dental, vision, prescription or fringe benefits, life insurance, relocation or expatriate benefits, perquisites, disability or
sick leave benefits, employee assistance program, supplemental unemployment benefits or post-employment or retirement benefits (including compensation, pension, health, medical or insurance benefits). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Business</B>&#148; means the &#147;Supreme<SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP>&#148; brand business conducted
by Seller and its Subsidiaries (including through the Purchased Subsidiaries), including as described in Seller&#146;s Annual Report for the fiscal year ended March&nbsp;30, 2024, filed on Form <FONT STYLE="white-space:nowrap">10-K,</FONT> including
all retail, <FONT STYLE="white-space:nowrap">e-commerce,</FONT> wholesale, distributor and licensed operations conducted by Seller or any of its Subsidiaries to the extent related thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Business Benefit Plan</B>&#148; means each Benefit Plan that is contributed to, sponsored, maintained or entered into by Seller, a
Retained Subsidiary, a Purchased Subsidiary or any direct or indirect Subsidiary of any of them for the benefit of any Business Employee or Former Business Employee or any beneficiary, or dependent of any Business Employee or Former Business
Employee, with respect to which any Business Employee or Former Business Employee is a party or in which any Business Employee or Former Business Employee participates or has an accrued benefit (other than any plan, program or arrangement sponsored
by a Governmental Authority). </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>&#147;Business Contractor&#148;</B> means each individual who is engaged on an
independent contractor or other <FONT STYLE="white-space:nowrap">non-employee</FONT> basis by (i)&nbsp;a Retained Subsidiary immediately prior to the Effective Time and whose services primarily relate to or service the Business or a Purchased
Subsidiary or (ii)&nbsp;a Purchased Subsidiary. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Business Day</B>&#148; means any day, other than a Saturday or Sunday or other
day on which commercial banks in any of New York, New York, Paris, France or Milan, Italy are authorized or required by Applicable Law to close. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Business</B> <B>Employee</B>&#148; means any individual who is (i)&nbsp;Employed by Seller or a Retained Subsidiary immediately prior
to the Effective Time and devotes a majority of his or her working time to performing services on behalf of the Business or a Purchased Subsidiary or (ii)&nbsp;a Purchased Subsidiary Business Employee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Business Intellectual Property Rights</B>&#148; means, after giving effect to the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT>
Transfers, all Intellectual Property Rights owned by any Purchased Subsidiary. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Cash</B>&#148; means, with respect to any Person
as of any time, the cash and cash equivalents held by such Person at such time, and shall include checks, ACH transactions, tender receivables including credit card receivables collectable within five days and other wire transfers and drafts
deposited for the account of such Person at such time calculated in a manner consistent with the Illustrative Purchase Price Calculation Schedule, <I>provided</I> that Cash shall be calculated net of issued but uncleared checks and drafts written or
issued by or to the Business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Closing Cash</B>&#148; means the aggregate amount of Cash of the Business as of the Effective
Time;<I> provided</I> that, for the avoidance of doubt Closing Cash shall be calculated after giving effect to the settlement of all intercompany accounts pursuant to <U>Section</U><U></U><U>&nbsp;5.03(c)</U>; <I>provided</I> that the Parties agree
that the Business shall have an amount of Cash no less than the Minimum Cash Amount at the Closing. For the avoidance of doubt, Closing Cash shall include the Minimum Cash Amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Closing Date</B>&#148; means the date of the Closing. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Closing Indebtedness</B>&#148; means the aggregate amount of Indebtedness as of the Effective Time; <I>provided</I> that, for the
avoidance of doubt, (a)&nbsp;the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Amount shall be calculated as of the end of the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period, and (b)&nbsp;Closing Indebtedness shall be
calculated after giving effect to the settlement of all intercompany accounts pursuant to <U>Section</U><U></U><U>&nbsp;5.03(c)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Closing Net Working Capital</B>&#148; means Net Working Capital as of the Effective Time; <I>provided</I> that, for the avoidance of
doubt, Closing Net Working Capital shall be calculated after giving effect to the settlement of all intercompany accounts pursuant to <U>Section</U><U></U><U>&nbsp;5.03(c)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Closing Net Working Capital Adjustment Amount</B>&#148; means an amount, which may be positive or negative, equal to (a)&nbsp;Closing
Net Working Capital <I>minus</I> (b)&nbsp;Target Net Working Capital. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Closing Purchase Price</B>&#148; means $1,500,000,000, <I>plus</I> (a)&nbsp;the
Closing Net Working Capital Adjustment Amount, <I>minus</I> (b)&nbsp;Closing Indebtedness, <I>plus</I> (c)&nbsp;Closing Cash, <I>minus</I> (d)&nbsp;Transaction Expenses, each as finally determined pursuant to <U>Section</U><U></U><U>&nbsp;2.09</U>.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Code</B>&#148; means the United States Internal Revenue Code of 1986, as amended. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Combined Tax</B>&#148; means any Tax with respect to which any of the Purchased Subsidiaries has filed or will file a Tax Return with
a member of any Seller Group on a combined, consolidated or unitary basis. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Combined Tax Return</B>&#148; means any Tax Return
with respect to any Combined Tax. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Competition Laws</B>&#148; means statutes, rules, regulations, orders, decrees, administrative
and judicial doctrines, and other laws that are designed or intended to prohibit, restrict or regulate actions having the purpose or effect of monopolization, lessening of competition or restraint of trade. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Confidentiality Agreement</B>&#148; means the Confidentiality and Nondisclosure Agreement, effective as of November&nbsp;29, 2023,
between Buyer and Seller. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Contract</B>&#148; means any contract, agreement, license, sublicense, lease, sublease, instrument,
indenture, promissory note, deed of trust or other legally binding commitment, undertaking, arrangement or understanding, including all amendments, annexes, supplements, exhibits and schedules thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><FONT STYLE="white-space:nowrap">COVID-19</FONT></B>&#148; means <FONT STYLE="white-space:nowrap">SARS-CoV-2</FONT> or <FONT
STYLE="white-space:nowrap">COVID-19,</FONT> and any evolutions or other mutations thereof. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><FONT STYLE="white-space:nowrap">COVID-19</FONT> Measures</B>&#148; means any quarantine, &#147;shelter in place,&#148; &#147;stay at
home,&#148; workforce reduction, social distancing, shut down, closure, sequester or any other Applicable Law, governmental order, action, directive, guidelines or recommendations by any Governmental Authority in connection with or in response to <FONT
STYLE="white-space:nowrap">COVID-19,</FONT> including, but not limited to, the CARES Act. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Damages</B>&#148; means all damage,
loss, Liability, judgment, settlement, fine, penalty, interest, cost, Tax and expense (including reasonable and documented <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> expenses of investigation and
reasonable and documented <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> attorneys&#146; fees and expenses in connection with any action, suit or proceeding); <I>provided</I> that, notwithstanding the
foregoing, &#147;<B>Damages</B>&#148; shall not include any punitive, special or other similar forms of damages, except to the extent actually required to be paid pursuant to a third party claim that has been finally determined. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Disclosure Schedule</B>&#148; means the disclosure schedule delivered by Seller to Buyer concurrently with the execution and delivery
of this Agreement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Employed</B>&#148; means, with respect to a Business Employee as of an applicable
date of determination, that as of such date such Business Employee is classified as an employee and either (i) actively employed, (ii)&nbsp;absent from work on account of paid time off, vacation, sick or personal leave, short- or long-term
disability or approved leave of absence or (iii)&nbsp;inactive for whom an obligation to recall, rehire or otherwise return to employment exists under a contractual obligation or Applicable Law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Environmental Laws</B>&#148; means any Applicable Laws: (a)&nbsp;relating to pollution (or the cleanup thereof) or protection of
human health and safety (as it pertains to exposure to Hazardous Substances), natural resources, or the environment (including ambient air, soil, surface water or groundwater, or subsurface strata); or (b)&nbsp;concerning the presence of, exposure
in the workplace or elsewhere to, or the management, manufacture, use, handling, labeling, registration, containment, storage, recycling, reclamation, reuse, treatment, generation, distribution, transportation, processing, disposal, remediation,
control, Release or threatened Release of any Hazardous Substance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Environmental Permit</B>&#148; means any Permit required
under any Environmental Law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>ERISA</B>&#148; means the Employee Retirement Income Security Act of 1974. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>ERISA Affiliate</B>&#148; means any trade or business (whether or not incorporated) which is (or at any relevant time was or will be)
a member of a &#147;controlled group of corporations&#148; with, under &#147;common control&#148; with, or a member of an &#147;affiliate service group&#148; with any Purchased Subsidiary as such terms are defined in Sections 414(b), (c), (m) or
(o)&nbsp;of the Code. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Estimated Net Working Capital Adjustment Amount</B>&#148; means an amount, which may be positive or
negative, equal to (a)&nbsp;Estimated Closing Net Working Capital <I>minus</I> (b)&nbsp;Target Net Working Capital. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Estimated
Purchase Price</B>&#148; means, $1,500,000,000, <I>plus</I> (a)&nbsp;Estimated Net Working Capital Adjustment Amount, <I>minus</I> (b)&nbsp;Estimated Closing Indebtedness, <I>plus</I> (c)&nbsp;Estimated Closing Cash, <I>minus</I> (d)&nbsp;Estimated
Transaction Expenses. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Former Business Employee</B>&#148; means any individual who, immediately prior to termination of
employment, was (i)&nbsp;Employed by a Purchased Subsidiary or (ii)&nbsp;Employed by Seller or a Retained Subsidiary and, in each case, devoted a majority of his or her working time to performing services on behalf of the Business or a Purchased
Subsidiary. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Fraud</B>&#148; means, with respect to any party, the actual and intentional fraud by such party in the making of
any of its representations and warranties set forth in this Agreement or in the documents and certificates delivered pursuant to this Agreement, and shall not include constructive fraud. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>GAAP</B>&#148; means generally accepted accounting principles in the United States. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Government Official</B>&#148; means (i)&nbsp;any full- or part-time officer or employee of any Governmental Authority, whether
elected or appointed; (ii)&nbsp;any person acting in an official capacity or exercising a public function for or on behalf of any Governmental Authority; or (iii)&nbsp;any political parties, political party officials, or candidates for political
office. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Governmental Authority</B>&#148; means (i)&nbsp;any domestic or foreign national,
federal, state, local, county or municipal government (including any subdivision, court, administrative agency, regulatory body, board, bureau, department, tribunal or commission or other authority or instrumentality thereof), or any
quasi-governmental or private body exercising any judicial, regulatory, administrative, importing or other governmental or quasi-governmental authority, including any arbitrator or arbitral tribunal or any Taxing Authority; (ii)&nbsp;any public
international organization (such as the World Bank, United Nations); and (iii)&nbsp;any department, agency, or instrumentality thereof, including any company, business, enterprise or other entity owned or controlled, in whole or in part, by any
government. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Hazardous Substances</B>&#148; means any materials, substances, or wastes that are defined as or included in the
definition of, or otherwise regulated as, a &#147;pollutant,&#148; &#147;contaminant,&#148; &#147;toxic substance,&#148; &#147;toxic waste,&#148; &#147;hazardous substance,&#148; &#147;hazardous waste,&#148; &#147;hazardous material,&#148; or
equivalent terms, as such terms are defined in, or regulated pursuant to, any Environmental Law, including petroleum or petroleum <FONT STYLE="white-space:nowrap">by-products</FONT> or breakdown products, radioactive materials, asbestos or
asbestos-containing materials, urea formaldehyde, lead and lead-based paint, <FONT STYLE="white-space:nowrap">per-</FONT> and polyfluoroalkyl substances (including perfluorooctanoic acid or perlfluorooctane sulfonate), polychlorinated biphenyls or
toxic mold. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Historic Acquisition Cost</B>&#148; means for Swiss tax purposes, the initial acquisition cost of an investment net
of any depreciations which have been offset with dividends received from the respective investment and that cannot be subject to an adjustment within the meaning of art. 62 para. 3 Direct Federal Tax Act (&#147;<U>DFTA</U>&#148;) and the
corresponding article in the cantonal tax law, nor to reversal in the sense of art. 62 para. 4 DFTA and the corresponding article in the cantonal tax law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>HSR Act</B>&#148; means the Hart-Scott-Rodino Antitrust Improvements Act of&nbsp;1976. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Illustrative Purchase Price Calculation Schedule</B>&#148; means the Illustrative Purchase Price Calculation Schedule attached as
<U>Schedule I</U> hereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Income Tax</B>&#148; means any Tax that is, in whole or in part, based on or measured by net income,
profit or gains, and any similar Tax. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Income Tax Return</B>&#148; means any Tax Return with respect to Income Taxes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Indebtedness</B>&#148;<SUP STYLE="font-size:75%; vertical-align:top"> </SUP>means all payment obligations (including in respect of
principal, interest, premiums (including make-whole premiums), prepayment penalties, breakage costs, fees, expenses or similar charges arising as a result of the discharge of such amount owed and payments or premiums attributable to, or which arise
as a result of, the transactions contemplated hereby, including the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers) of the Purchased Subsidiaries or the Business, without duplication, in respect of (i)(A) borrowed money,
(B)&nbsp;obligations evidenced by bonds, notes, debentures or other similar instruments, (C)&nbsp;any indebtedness required to be eliminated or repaid </P>
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pursuant to <U>Section</U><U></U><U>&nbsp;5.03</U> that remains outstanding as of the Effective Time, (D)&nbsp;reimbursement obligations of such Person relating to letters of credit,
bankers&#146; acceptances, surety or other bonds or similar instruments, in each case, to the extent drawn, (ii)&nbsp;any declared but unpaid dividends or other distributions owed to Seller or any other Affiliate of any Purchased Subsidiary,
(iii)&nbsp;the aggregate unfunded liability under or in respect of any deferred compensation plans, policies or arrangements (including employer contributions under a 401(k) plan) accrued prior to the Closing (including any partial payroll period)
under any Business Benefit Plan in respect of any Business Employee or Former Business Employee that are Liabilities of Buyer or any of its Affiliates (including any Purchased Subsidiary); (iv) the aggregate amount of any underfunded or unfunded
defined benefit or other pension or retiree health or welfare liabilities and any termination indemnities (including any Trattamento di Fine Rapporto), jubilee or gratuity payments, end of service pay in respect of any Business Employee or Former
Business Employee, in each case, that accrued in respect of a period prior to the Closing (calculated in accordance with the Accounting Policies, where applicable) and that are Liabilities of Buyer or any of its Affiliates (including any Purchased
Subsidiary); (v) the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Amount, (vi)&nbsp;any unpaid severance or other termination pay, payable by Buyer or any of its Affiliates (including any Purchased Subsidiary) to any Business Employee,
Former Business Employee, other employee or individual service provider whose employment or engagement terminated or who has been given a notice of termination of employment specifying the termination date, in each case, prior to the Closing
(including any such payments accrued (or required to be accrued) in connection with any restructuring or similar event), together with the employer portion of any payroll, social security, unemployment or other similar employment Taxes with respect
thereto; (vii)&nbsp;deferred purchase price of property, goods or services, including earnouts and other similar contingent payments (other than trade or account payables in the ordinary course of business and the Option Exercise Liabilities (as
defined in <U>Section</U><U></U><U>&nbsp;1.01(a)(ii)</U> of the Disclosure Schedule)), (viii) financing lease obligations that are required to be capitalized in accordance with Accounting Policies which, for the avoidance of doubt, shall not include
operating lease obligations, (ix)&nbsp;interest rate and currency swap, hedge, cap, commodity derivatives and any other arrangements designed to provide protection against fluctuations in interest or currency rates, in each case, including any
amounts payable to terminate such arrangements, (x)&nbsp;items set forth on <U>Section</U><U></U><U>&nbsp;1.01(a)(ii)</U> of the Disclosure Schedule, (xi)&nbsp;any indebtedness or other obligations of any other Person of the type described in the
preceding clauses (i)&nbsp;through (x) to the extent guaranteed by any Purchased Subsidiary and (xii)&nbsp;without duplication, all obligations of the kind referred to in clauses (i)&nbsp;through (xi) of this definition of other Persons secured by
(or for which the holder of such obligations has an existing right, contingent or otherwise, to be secured by) any Lien on property of the Business, including the Purchased Assets, whether or not Seller or its Affiliates have assumed or otherwise
become liable for the payment of such obligations; <I>provided</I> that, for the avoidance of doubt, &#147;<B>Indebtedness</B>&#148; shall not include (A)&nbsp;obligations owed solely by one or more Purchased Subsidiary to another one or more
Purchased Subsidiary, except as set forth in Item 7 of <U>Section</U><U></U><U>&nbsp;1.01(a)(ii)</U> of the Disclosure Schedule, and (B)&nbsp;any amount included in Transaction Expenses or Net Working Capital to avoid &#147;double counting&#148;.
</P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Indemnified Tax</B>&#148; means, without duplication, (i)&nbsp;any Taxes of any
kind of (A)&nbsp;any Purchased Subsidiary or (B)&nbsp;with respect to any Purchased Asset, in each case, attributable to any <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period (or portion thereof), (ii) Taxes of Seller or any of its
Affiliates (other than any Purchased Subsidiaries) for any Tax period, (iii)&nbsp;Taxes for which any Purchased Subsidiary is liable by reason of Treasury Regulation <FONT STYLE="white-space:nowrap">Section&nbsp;1.1502-6</FONT> (or any similar
provision of state, local or <FONT STYLE="white-space:nowrap">non-U.S.</FONT> Tax law) by reason of such entity being included in any Seller Group at any time on or before the Closing Date, (iv)&nbsp;Transfer Taxes for which Seller is responsible
under this Agreement, (v)&nbsp;any Taxes of any Purchased Subsidiary or with respect to any Purchased Asset imposed on the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers, the execution thereof or any termination of any Intercompany
Agreement pursuant to <U>Section</U><U></U><U>&nbsp;5.03</U>, (vi) Taxes incurred at any time which are attributable to the Retained Business, Retained Subsidiaries and Excluded Liabilities, (vii)&nbsp;Taxes imposed on or payable by third parties
with respect to which any Purchased Subsidiary has an obligation to indemnify such third party pursuant to a transaction consummated or agreement entered into on or prior to the Closing, (viii)&nbsp;any withholding Taxes imposed with respect to
payments pursuant to this Agreement, (ix)&nbsp;Taxes arising in connection with the failure of any Specified Tax Representation to be true (determined without regard to (A)&nbsp;any disclosure included in the Disclosure Schedule relating to Taxes
and (B)&nbsp;any &#147;materiality,&#148; &#147;knowledge,&#148; or other similar qualifiers in such Specified Tax Representation), (x) Taxes incurred by any Purchased Subsidiary or with respect to any Purchased Asset arising as a result of any
breach of Seller or any of its Affiliates (other than, following the Closing Date, the Purchased Subsidiaries) of any covenant included in <U>Article 8</U> or <U>Section</U><U></U><U>&nbsp;5.01(l)</U> (<I>Conduct of Business &#150; Taxes</I>), (xi)
any Pillar Two Taxes, (xii)&nbsp;any Taxes imposed on VF CH Apollo with respect to any Post-Closing Tax Period of VF CH Apollo attributable to any adjustment in a <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period to (A)&nbsp;the losses
of VF CH Apollo or (B)&nbsp;the impairment of Wooster GK that creates or increases the net deferred Tax liability, as of the Closing Date, of VF CH Apollo, (xiii)&nbsp;any Taxes incurred by reason of the elimination, after Closing, of any
intercompany obligation between Chapter 4 Corp. and Supreme Holdings, Inc. that remains outstanding at the Closing, and (xiv)&nbsp;reasonable and documented
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> expenses, including attorney&#146;s fees, incurred in connection with any of the foregoing; <I>provided</I>, <I>however</I> that Indemnified Tax shall not
include (a)&nbsp;any Taxes to the extent included as a liability in Closing Indebtedness or Closing Net Working Capital and (b)&nbsp;any Taxes attributable to any breach by Buyer or any of its Affiliates (including, after the Closing Date, the
Purchased Subsidiaries) of any covenant included in <U>Article 8</U>. For the avoidance of doubt, subject to the proviso in the preceding sentence, Indemnified Taxes shall include any Taxes arising as a result of any gain recognition event with
respect to any gain recognition agreement under Section&nbsp;367(a) entered into by a U.S. Purchased Subsidiary prior to the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Intellectual Property Rights</B>&#148; means any and all intellectual property rights anywhere in the world, including all
Trademarks, patents, trade secrets and other rights in <FONT STYLE="white-space:nowrap">know-how</FONT> or other confidential or proprietary information, copyrights, designs and database rights, intellectual property rights in software and social
media handles, rights of publicity, Internet domain names, and any other similar type of proprietary or intellectual property right, including all registrations and applications for registration or issuance of any of the foregoing. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Intercompany Agreements</B>&#148; means any Contracts (including with respect to Indebtedness and insurance) between or among Seller,
any Retained Subsidiary or the Retained Business, on the one hand, and any Purchased Subsidiary or the Business, on the other hand, that are effective as of immediately prior to the Effective Time. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Interests</B>&#148; means all of the outstanding equity interests in each of the
Purchased Subsidiaries. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>International Plan</B>&#148; means any Business Benefit Plan that covers Business Employees who perform
(or who, as of immediately prior to termination of their employment with Seller and its Subsidiaries, performed) services primarily in a country other than the United States. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>IRS</B>&#148; means the United States Internal Revenue Service. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>IT Systems</B>&#148; means all software, hardware, systems, computers, servers, routers, hubs, switches, data communication lines,
networks and all other information technology equipment and assets owned by or leased or licensed to Seller or any of its Subsidiaries and, in each case, used in the operation of the Business. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>knowledge of Seller</B>,&#148; &#147;<B>Seller&#146;s knowledge</B>&#148; or any other similar knowledge qualification in this
Agreement means the actual knowledge, after reasonable inquiry, of the individuals set forth in <U>Section</U><U></U><U>&nbsp;1.01(a)(iii)</U> of the Disclosure Schedule under the heading &#147;Knowledge of Seller&#148;. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Liability</B>&#148; means any debt, liability or obligation of any kind or nature, whether accrued, unaccrued, contingent, absolute,
asserted, unasserted, known, unknown, disclosed, undisclosed, liquidated, unliquidated, determined, determinable, due or to become due, or otherwise, and includes all costs and expenses relating thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Lien</B>&#148; means, with respect to any property or asset, any mortgage, lien, lease, right of way, pledge, charge, covenant,
condition, restriction, purchase option, right of first offer, right of first refusal, encroachment, security interest, restrictions on transfer (other than restrictions on transfer arising under securities laws), or other encumbrance or other
adverse claim of any kind in respect of such property or asset. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Malicious Code</B>&#148; means any time bomb, logic bomb, Trojan
horse, trap door, back door, virus, ransomware, spyware, adware, scareware, or other code, in each case designed (i)&nbsp;to harm, impair, disrupt, disable, or provide unauthorized access to or use of any IT Systems or (ii)&nbsp;to, without
authorization, access, use, disclose, compromise the privacy or security of, delete, destroy, modify, encrypt, or corrupt any information or data. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Material Adverse Effect</B>&#148; means any fact, occurrence, change, event, circumstance, condition, development or effect that,
individually or in the aggregate, has had or would reasonably be expected to have a material adverse effect on the properties, assets, business, financial condition or results of operations of the Business, taken as a whole, excluding any effect,
directly or indirectly, resulting from or arising in connection with (i)&nbsp;changes in the financial, securities, currency, international trade, capital or credit markets, including in interest rates or currency exchange rates, (ii)&nbsp;changes
in economic, regulatory or political conditions generally, (iii)&nbsp;changes (including changes of Applicable Law or the interpretation or enforcement thereof after the date hereof) or conditions generally affecting any industry in which the
Business operates, (iv)&nbsp;changes in GAAP or other applicable accounting or regulatory standards or principles, or in the </P>
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enforcement, implementation or authoritative interpretations thereof (after the date hereof), (v) any changes in geopolitical conditions, any outbreak or escalation of hostilities, any actual or
threatened acts of war (including the current disputes between the Russian Federation and Ukraine and between Israel and Hamas and, in each case, any evolutions thereof and any sanctions or other laws, directives, policies, guidelines or
recommendations promulgated by any Governmental Authority in connection therewith or in response thereto), sabotage, cyberattack or terrorism, global health conditions or natural disasters (including hurricanes, tornadoes, floods, earthquakes and
weather-related events), (vi) <FONT STYLE="white-space:nowrap">COVID-19</FONT> or any Applicable Law, directive, pronouncement or guideline issued by a Governmental Authority, the Centers for Disease Control and Prevention, the World Health
Organization or industry group (including any <FONT STYLE="white-space:nowrap">COVID-19</FONT> Measure) providing for business closures, changes to business operations,
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">&#147;sheltering-in-place&#148;</FONT></FONT> or other restrictions that relate to, or arise out of, an epidemic, pandemic or disease outbreak (including the <FONT
STYLE="white-space:nowrap">COVID-19</FONT> pandemic) or any change in such Applicable Law, directive, pronouncement or guideline or interpretation thereof following the date of this Agreement or compliance therewith by Seller or any of its
Affiliates, in each case involving any jurisdiction in which the Business operates, (vii)&nbsp;the negotiation, execution or performance of this Agreement or the other Transaction Documents, the announcement, pendency or consummation of the
transactions contemplated hereby, the identity of Buyer or any facts or circumstances relating to Buyer or any actions taken by Buyer or the announcement or other disclosure of Buyer&#146;s plans or intentions with respect to the conduct of any of
the Business after the Closing, including the effect of any of the foregoing on the relationships, contractual or otherwise, of the Business or the Purchased Subsidiaries with third parties (including the failure to obtain any consents in connection
with the transactions contemplated hereby); <I>provided</I>, that this clause (vii)&nbsp;shall not apply to any representation or warranty (or any condition related thereto) that addresses the effects of the execution, delivery or performance of
this Agreement by the parties hereto, (viii)&nbsp;any failure of the Business to meet any internal projections or industry financial estimates, forecasts or projections for any period (it being understood that any underlying facts giving rise or
contributing to such failure that are not otherwise excluded from the definition of &#147;Material Adverse Effect&#148; may be taken into account in determining whether there has been, or would reasonably be expected to be, a Material Adverse
Effect, unless it is otherwise excluded from the definition thereof pursuant to a clause other than this clause (viii)), (ix) any action taken at the written request or with the written consent of Buyer, or (x)&nbsp;any action taken by Seller or any
of its Affiliates that is required or expressly contemplated to be taken pursuant to this Agreement, except, in the case of clauses (i), (ii), (iii), (iv), (v) and (vi), to the extent, such fact, occurrence, change, event, circumstance, condition,
development or effect that, individually or in the aggregate, has had or would reasonably be expected to have, a disproportionate effect on the Business, taken as a whole, relative to other participants in the industry or industries in which the
Business operates. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Multiemployer Plan</B>&#148; means a &#147;multiemployer plan&#148; as defined in Section&nbsp;3(37) of
ERISA. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Minimum Cash Amount</B>&#148; means $10,000,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Net Working Capital</B>&#148; means, as of any date, (i)&nbsp;the aggregate value of the current assets of the Business <I>minus</I>
(ii)&nbsp;the aggregate value of the current liabilities of the Business, calculated in accordance with the Accounting Policies and adjusted in accordance with the line items set forth in the Illustrative Purchase Price Calculation Schedule;
<I>provided</I>, that Net Working Capital shall exclude any current or deferred Income Tax assets or current and deferred Income Tax liabilities. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Order</B>&#148; means any order, writ, injunction, decree, judgment, award,
settlement, ruling, rule, decision, determination, subpoena, agreement or stipulation issued, promulgated, made, rendered or entered into by or with any Governmental Authority. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Person</B>&#148; means an individual, firm, body corporate (wherever incorporated), partnership, limited liability company,
association, joint venture, trust, works council or employee representative body (whether or not having separate legal personality) or other entity or organization, including a government, state or agency of a state or a Governmental Authority. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Personal Data</B>&#148; means, as applicable, (i)&nbsp;any information that identifies, relates to, describes, is reasonably capable
of being associated with, or could reasonably be linked, directly or indirectly, with a particular individual, device or household, including location information and biometric information, and (ii)&nbsp;any and all other information that
constitutes &#147;personal information&#148;, &#147;personal data,&#148; &#147;proprietary information,&#148; or any similar term as defined under applicable Privacy Requirements (<I>e.g.</I>, &#147;personally identifiable information&#148; or
&#147;PII&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Pillar Two Provisions</B>&#148; means the model rules published by the Organisation for Economic <FONT
STYLE="white-space:nowrap">Co-operation</FONT> and Development as &#147;Tax Challenges Arising from the Digitalisation of the Economy &#150; Global Anti-Base Erosion Model Rules (Pillar Two): Inclusive Framework on BEPS&#148; and any legislation of
any jurisdiction introduced pursuant to, or in order to implement or conform to, such model rules. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Pillar Two Taxes</B>&#148;
means any Taxes imposed by, or paid or payable to any Taxing Authority pursuant to or in connection with Pillar Two Provisions in respect of or by reference to the profits of the Purchased Subsidiaries, Seller or any Affiliates of such, or any part
of those profits, in each case for the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Post-Closing Tax
Period</B>&#148; means (i)&nbsp;any Tax period beginning after the Closing Date; and (ii)&nbsp;with respect to a Straddle Tax Period, the portion of such Tax period beginning after the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Amount</B>&#148; means, without duplication, any accrued and unpaid Income
Tax liabilities of any Purchased Subsidiary, other than Tax constituting Combined Taxes solely if and to the extent such Combined Taxes are the primary liability of Seller or any of its Affiliates (other than any Purchased Subsidiary), for the <FONT
STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period (or portion thereof) that ends on the Closing Date and any <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period for which the relevant Income Tax Return has not yet been filed<I>,
provided</I>, that such amounts (A)&nbsp;shall not be an amount less than zero in any jurisdiction for any standalone taxpaying entity and (B)&nbsp;shall be calculated (i)&nbsp;except as set forth otherwise in this definition, in a manner consistent
with the past practices of Seller and the applicable Purchased Subsidiaries in the preparation of their Tax Returns, (ii)&nbsp;solely with respect to the jurisdiction(s) in which the applicable Purchased Subsidiary has historically filed Income Tax
Returns except as otherwise required by a change in fact or Applicable Law; (iii) netting any estimated Tax payments and taking into account existing net operating losses, Tax </P>
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credits, Income Tax refunds and overpayments of Income Tax solely to the extent actually available to offset such Taxes as a matter of Applicable Law, (iv)&nbsp;including any unpaid Income Tax
liabilities of any Purchased Subsidiary as a result of any inclusion under Section&nbsp;951 or Section&nbsp;951A of the Code to the extent attributable to the relevant <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period and by reason of
the ownership by such Purchased Subsidiary of any &#147;controlled foreign corporation,&#148; within the meaning of Section&nbsp;957 of the Code, prior to the Closing Date, whether or not such Taxes are due and payable as of the Closing Date,
(v)&nbsp;including any unpaid Income Tax liabilities of any Purchased Subsidiary under Section&nbsp;965 of the Code (or any analogous or similar provision under any state law) notwithstanding any election under Section&nbsp;965 of the Code and
whether or not such Taxes are due and payable as of the Closing Date, (vi)&nbsp;excluding any deferred Income Tax assets or deferred Income Tax liabilities, including any reserves or contingencies for uncertain Income Tax positions,
(vii)&nbsp;including any Income Tax liabilities of any Purchased Subsidiary incurred in connection with any <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfer or termination of any Intercompany Agreement pursuant to this Agreement, to the
extent required to be included in a <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period, and (viii)&nbsp;by taking all Transaction Tax Deductions into account in <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Periods (solely if
and to the extent permitted by applicable Tax law to be deducted in such period at a &#147;more likely than not&#148; (or higher) level of confidence) and applying the seventy percent (70%) safe harbor election under Revenue Procedure <FONT
STYLE="white-space:nowrap">2011-29</FONT> to any &#147;success-based fees.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period</B>&#148; means (i)&nbsp;any Tax period ending on or before the
Closing Date; and (ii)&nbsp;with respect to a Straddle Tax Period, the portion of such Tax period ending on (and including) the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Privacy Laws</B>&#148; means any and all Applicable Laws and standards relating to the privacy, security, or Processing of any
Personal Data, data breach notification, website and mobile application privacy policies and practices, the Processing and security of payment card information, the interception of electronic communications, wiretapping, the tracking or monitoring
of online activity, data- or <FONT STYLE="white-space:nowrap">web-scraping,</FONT> and email, text message, or telephone communications, including the (i)&nbsp;the provisions of the Federal Trade Commission Act applicable to the foregoing,
(ii)&nbsp;California Consumer Privacy Act, as amended by the California Privacy Rights Act, and other similar state laws (including the Colorado Privacy Act, the Connecticut Data Privacy Act, the Virginia Consumer Data Protection Act, the Utah
Consumer Privacy Act, Illinois Biometric Information Privacy Act), (iii) Health Insurance Portability and Accountability Act, (iv)&nbsp;Telephone Consumer Protection Act, (v)&nbsp;Controlling the Assault of
<FONT STYLE="white-space:nowrap">Non-Solicited</FONT> Pornography And Marketing Act, (vi)&nbsp;Children&#146;s Online Privacy Protection Act, (vii)&nbsp;Payment Card Industry Data Security Standard, (viii)&nbsp;EU General Data Protection Regulation
(EU) 2016/679 (&#147;<B>GDPR</B>&#148;), as amended (and the laws and regulations of any European Union member state which implements the GDPR), (ix) the GDPR as it forms part of United Kingdom (&#147;<B>UK</B>&#148;) law by virtue of section 3 of
the European Union (Withdrawal) Act 2018 and any implementing or supplementary legislation related thereto of the UK (including the UK Data Protection Act 2018 (&#147;<B>DPA</B>&#148;)) (the &#147;<B>UK GDPR</B>&#148;), (x) the EU <FONT
STYLE="white-space:nowrap">e-Privacy</FONT> Directive 2002/58/EC, as amended by Directive 2009/136/EC (and the laws and regulations of any European Union member state which implements it), and (xi)&nbsp;the Privacy and Electronic Communications
Regulations 2003, in each case of the foregoing (i)-(xi), solely to the extent applicable to the Business. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Process</B>&#148;, &#147;<B>Processing</B>&#148; or &#147;<B>Processed</B>&#148;
means any operation or set of operations which is performed upon any data (including Personal Data), by any means, such as collection, access, acquisition, recording, organization, storage, adaptation or alteration, retrieval, protection,
consultation, use, disclosure by transmission, dissemination or otherwise making available, alignment or combination, blocking, erasure, disposal, deletion, destruction or any other processing of such data, and/or is considered
&#147;processing&#148; under any Applicable Laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Purchased Subsidiaries</B>&#148; means, collectively, the Persons listed on
<U>Schedule II</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Purchased Subsidiary Benefit Plan</B>&#148; means each Business Benefit Plan that is maintained or entered
into solely by a Purchased Subsidiary. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Purchased Subsidiary Business Employee</B>&#148; means any individual who, as of
immediately prior to the Effective Time, is Employed by a Purchased Subsidiary. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Regulatory Filing</B>&#148; means any required,
necessary or applicable authorization from Regulatory Authorities, including under the HSR Act, as well as any other antitrust authority in charge of merger control. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Regulatory Authority</B>&#148; means any antitrust authority in charge of merger control (U.S. and
<FONT STYLE="white-space:nowrap">non-U.S</FONT> jurisdictions). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Regulatory Authorization</B>&#148; means an authorization from
any Regulatory Authority. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Regulatory Matters</B>&#148; means any matter in relation to Regulatory Filings and/or Regulatory
Authorization. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Release</B>&#148; or &#147;<B>Released</B>&#148; means any release, spilling, leaking, pumping, pouring,
emitting, emptying, discharging, injecting, escaping, leaching, dumping, abandonment, disposing or migration into or through the environment (including within any building, structure, facility or fixture) and any abandonment or discarding of
barrels, containers or other closed receptacles containing any Hazardous Substances. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Representative</B>&#148; means, with
respect to any Person, such Person&#146;s directors, officers, employees, counsel, financial advisors, auditors, agents and other authorized representatives. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Retained Business</B>&#148; means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or
Affiliates other than the Business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Retained Subsidiaries</B>&#148; means all of the direct and indirect Subsidiaries of Seller
other than the Purchased Subsidiaries. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Sanctioned Country</B>&#148; means, (i)&nbsp;at any time, a country or territory that is
itself the target of comprehensive Sanctions (as of the date of this Agreement, Cuba, Iran, North Korea, Syria, the Crimea region of Ukraine, the <FONT STYLE="white-space:nowrap">so-called</FONT> Donetsk People&#146;s Republic, and <FONT
STYLE="white-space:nowrap">so-called</FONT> Luhansk People&#146;s Republic) and (ii)&nbsp;Venezuela, Russia and Belarus. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">13 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Sanctioned Person</B>&#148; means (a)&nbsp;any Person listed in any
Sanctions-related list of designated Persons maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury (&#147;<B>OFAC</B>&#148;) or the U.S. Department of State, the United Nations Security Council, the European
Union, any Member State of the European Union, or the United Kingdom; (b)&nbsp;any Person operating, organized, or resident in a Sanctioned Country; (c)&nbsp;the government of a Sanctioned Country or the Government of Venezuela; or (d)&nbsp;any
Person 50% or more owned or controlled by any such Person or Persons or acting for or on behalf of such Person or Persons. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Sanctions</B>&#148; means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by
(a)&nbsp;the U.S. government, including those administered by OFAC or the U.S. Department of State, or (b)&nbsp;the United Nations Security Council, the European Union, any European Union member state or the United Kingdom. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Secondment Agreement</B>&#148; means an agreement to be entered into by and between Buyer (or one of its Affiliates) and Seller (or
one of its Affiliates) following the date of this Agreement, in accordance with Section&nbsp;9.01(d), governing the employment by Seller or one if its Affiliates of the Seconded Employees during the Secondment Period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Secondment Period</B>&#148; means the period commencing on the Closing Date and ending on March&nbsp;31, 2025 (or such earlier date
elected by Buyer, provided that Buyer provides at least thirty (30)&nbsp;days&#146; prior written notice). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Seconded
Employee</B>&#148; means (i)&nbsp;each individual who as of the Closing Date, is a Business Employee and is Employed primarily in the United States, (ii)&nbsp;each employee hired by Seller or its Subsidiaries in the United States during the
Secondment Period at the request of Buyer or its Affiliates and (iii)&nbsp;each candidate to be an employee of Seller or its Affiliates in the United States during the Secondment Period whose candidacy is at the request of Buyer or its Affiliates,
to the extent that any Liability of Seller or its Affiliates exists with respect to such individual on account of such candidacy. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Security Incident</B>&#148; means any (i)&nbsp;accidental, unlawful or unauthorized access, use, loss, exfiltration, disclosure,
alteration, destruction, encryption, compromise, or other Processing of Personal Data and/or confidential information; (ii)&nbsp;accidental, unlawful or unauthorized occurrence or series of related occurrences on or conducted through the IT Systems
that jeopardizes or impacts the confidentiality, integrity, or availability of the IT Systems or any Personal Data or confidential information stored or otherwise Processed therein; or (iii)&nbsp;occurrence that constitutes a &#147;data
breach,&#148; &#147;security breach,&#148; &#147;personal data breach,&#148; &#147;security incident,&#148; &#147;cybersecurity incident,&#148; or any similar term under any Privacy Law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Seller 401(k) Plan</B>&#148; means any Business Benefit Plan that is a defined contribution plan intended to qualify under
Section&nbsp;401(a) of the Code. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Seller Benefit Plan</B>&#148; means each Benefit Plan that is contributed to, sponsored,
maintained or entered into by Seller, a Retained Subsidiary, a Purchased Subsidiary or any direct or indirect Subsidiary of any of them, other than a Purchased Subsidiary Benefit Plan. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">14 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Seller Group</B>&#148; means, with respect to U.S. federal income Taxes, the
affiliated group of corporations (as defined in Section&nbsp;1504(a) of the Code) of which Seller is the common parent and, with respect to state, local or foreign income or franchise Taxes, any consolidated, combined or unitary group of which
Seller or any of its Affiliates is a member for such state, local or foreign income or franchise Tax purposes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Seller
Marks</B>&#148; means any and all Trademarks owned by Seller or any of its Affiliates (other than the Purchased Subsidiaries, after giving effect to the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers), including the Trademarks set
forth on <U>Section</U><U></U><U>&nbsp;1.01(a)(iv)</U> of the Disclosure Schedule. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Shared</B> <B>Contract</B>&#148; means any
contract, agreement or other instrument to which the Seller or any of its Subsidiaries is a party which benefits and/or burdens both the Business and any Retained Business. For the avoidance of doubt, for purposes of this Agreement, the definition
of &#147;Shared Contract&#148; shall not include any Transaction Document, including the Transition Services Agreement (and any contract, agreement or instrument relating to services provided or addressed thereunder, including services consisting of
the use of real property). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Specified Liabilities</B>&#148; means all Liabilities arising out of the matters set forth on
<U>Section</U><U></U><U>&nbsp;1.01(a)(v)</U> of the Disclosure Schedule. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Specified Tax Representations</B>&#148; means
representations and warranties of Seller provided under Sections 3.16(c)(ii) (<I>Tax agreements and rulings</I>), (c)(iii) (<I>power of attorney</I>), (e) (<I>group liabilities</I>), (h) (<I>entity classification</I>), (l) (<I>Section 355 of the
Code</I>), (m) (<I>income adjustments</I>), (p) (<I>jurisdiction and taxable presence</I>), (r) (<I>Tax exemptions and incentives</I>), and (z) (<I>Swiss Tax Matters</I>). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Straddle Tax Period</B>&#148; means a Tax period that begins on or before the Closing Date and ends thereafter. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Subsidiary</B>&#148; means, with respect to any Person, any entity of which securities or other ownership interests having ordinary
voting power to elect a majority of the board of directors or other persons performing similar functions are at the time directly or indirectly owned by such Person. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Supreme Marks</B>&#148; means any and all Trademarks included in the Business Intellectual Property Rights. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Target Net Working Capital</B>&#148; means $49,242,833. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Tax</B>&#148; means (i)&nbsp;any U.S. federal, state, local or <FONT STYLE="white-space:nowrap">non-U.S.</FONT> income, gross
receipts, license, payroll, employment, excise, severance, stamp, occupation, premium, windfall profits, environmental, customs duties, capital stock, franchise, profits, withholding, social security (or similar), unemployment, disability, real
property, personal property, sales, use, transfer, registration, Pillar Two Taxes, value added, consumption, alternative or <FONT STYLE="white-space:nowrap">add-on</FONT> minimum, estimated, or other tax of any kind whatsoever (including withholding
on amounts paid to or by any Person), together with any interest, penalty, addition to tax or additional amount imposed by </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">15 </P>

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any Taxing Authority with respect thereto, and any liability for any of the foregoing as transferee and (ii)&nbsp;in the case of any of the Purchased Subsidiaries, liability for the payment of
any amount of the type described in clause (i)&nbsp;as a result of being or having been before the Closing a member of an affiliated, consolidated, combined or unitary group, or a party to any agreement or arrangement, as a result of which liability
of such Purchased Subsidiary to a Taxing Authority is determined or taken into account with reference to the activities of any other Person. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Tax Return</B>&#148; means any report, return, document, declaration, election, statement or other information or filing supplied to
(or required to be supplied to) any Taxing Authority and any amendments thereto, including information returns and any documents with respect to or accompanying payments of estimated Taxes, or with respect to or accompanying requests for the
extension of time in which to file any such report, return, document, declaration or other information. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Tax Sharing
Agreements</B>&#148; means all agreements or arrangements that provide for the allocation, apportionment, sharing or assignment of any Tax liability or benefit, or the transfer or assignment of income, revenues, receipts, or gains for the purpose of
determining any Person&#146;s Tax liability (in each case other than any general commercial Contract not primarily relating to Taxes). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Taxing Authority</B>&#148; means any Governmental Authority responsible for the imposition or collection of Taxes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Trade Controls Laws</B>&#148; means (a)&nbsp;all applicable trade, export control, import, and antiboycott laws and regulations
imposed, administered, or enforced by the U.S. government, including the Arms Export Control Act (22 U.S.C. &#167; 1778), the International Emergency Economic Powers Act (50 U.S.C. &#167;&#167; 1701&#150;1706), Section&nbsp;999 of the Internal
Revenue Code, the U.S. customs laws at Title 19 of the U.S. Code, the Export Control Reform Act of 2018 (50 U.S.C. &#167;&#167; 4801-4861), the International Traffic in Arms Regulations (22 C.F.R. Parts 120&#150;130), the Export Administration
Regulations (15 C.F.R. Parts <FONT STYLE="white-space:nowrap">730-774),</FONT> the U.S. customs regulations at 19 C.F.R. Chapter 1, and the Foreign Trade Regulations (15 C.F.R. Part 30); and (b)&nbsp;all applicable trade, export control, import, and
antiboycott laws and regulations imposed, administered or enforced by the European Union, the United Kingdom any other country, except to the extent inconsistent with U.S. law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Trademark</B>&#148; means any and all trademarks, service marks, trade dress, trade names, brand names, logos, slogans, domain names
or any other source or business identifiers, whether registered or unregistered, and the goodwill symbolized thereby or associated therewith. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Transaction Documents</B>&#148; means, collectively, this Agreement, each Foreign Transfer Agreement, and the Transition Services
Agreement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">16 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Transaction Expenses</B>&#148; means, solely to the extent incurred prior to the
Closing (or incurred upon the occurrence of the Closing) and not paid prior to the Closing and without duplication, and in each case, calculated after giving effect to the Closing, (i)&nbsp;all fees, expenses and costs incurred by Seller, the
Purchased Subsidiaries or any of their respective Affiliates in connection with the preparation, negotiation and execution of this Agreement and the other Transaction Documents and the transactions contemplated hereunder and thereunder, including
with respect to financial advisors, accountants, legal advisors and other third party advisors, (ii)&nbsp;all transaction, change in control, retention, severance or other payments payable by any Purchased Subsidiary to any of the directors,
officers or other individual service providers of any Purchased Subsidiary or to any of the Business Employees or Former Business Employees payable on or after the Closing Date, in each case, on a &#147;single-trigger&#148; basis as a result of the
consummation of the transactions contemplated by this Agreement (except as otherwise set forth in this clause (ii), including all retention payments set forth on <U>Section</U><U></U><U>&nbsp;1.01(a)(vi)</U> of the Disclosure Schedule), whether
payable on the Closing Date or thereafter (including the employer portion of any payroll, social security, unemployment or other employment Taxes related thereto); <I>provided </I>that, such payments are Liabilities of Buyer or any of its Affiliates
(including any Purchased Subsidiary), which shall not include any retention payments paid to Seconded Employees during the Secondment Period, which payments shall be made by Seller or one of its Affiliates and shall not be a Liability for Buyer or
any of its Affiliates or otherwise required to be reimbursed by Buyer or any of its Affiliates under the Secondment Agreement or otherwise, (iii)&nbsp;the fees, expenses and costs of the R&amp;W Insurance Policy not to exceed $3,000,000 and
(iv)&nbsp;fifty percent (50%) of any filing fees assessed in connection with the HSR Act or any other applicable Competition Laws. For the avoidance of doubt, &#147;<B>Transaction Expenses</B>&#148; shall not include any amount included in
Indebtedness or Net Working Capital to avoid &#147;double counting&#148;. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Transaction Tax Deductions</B>&#148; means any loss or
deduction, which is deductible for applicable Tax purposes, resulting from or specifically attributable to (a)&nbsp;the payment of Transaction Expenses by any Purchased Subsidiary prior to the Effective Time; (b)&nbsp;the payment of fees, expenses
and interest (including amounts treated as interest for Tax purposes and any breakage fees or accelerated deferred financing fees) incurred by any Purchased Subsidiary with respect to the payment of Indebtedness pursuant to the transactions
contemplated by this Agreement, if and to the extent such amounts are paid by any Purchased Subsidiary prior to the Effective Time or are included in the final determination of Closing Indebtedness; (c); any deductible amounts included as a current
liability or contra-asset in the final determination of Closing Net Working Capital; (d)&nbsp;any deductions attributable to any other fees, costs and expenses incurred pursuant to the transactions contemplated by this Agreement by any Purchased
Subsidiary, to the extent paid or incurred by a Purchased Subsidiary prior to the Effective Time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Transfer Regulations</B>&#148;
means the (i)&nbsp;the Acquired Rights Directive 77/187/EC, 98/50/EC and 2001/23/EC and all national legislation enacted to give effect to the Acquired Rights Directive 77/187/EC, 98/50/EC and 2001/23/EC in each member state of the European Economic
Area and (ii)&nbsp;all other national legislation which effects the automatic transfer of employees on the sale or transfer or continuation of a business. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Transfer Tax</B>&#148; means any excise, sales, use, value added, registration stamp, recording, documentary, conveyancing, transfer
and similar Taxes, levies, charges, duties and fees (including any penalties and interest) imposed in connection with the purchase and sale of the Purchased Subsidiaries and the Purchased Assets and assumption of the Assumed Liabilities pursuant to
this Agreement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">17 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Transition Services Agreement</B>&#148; means a Transition Services Agreement to be
entered into between Buyer and Seller at the Closing in substantially the form attached hereto as <U>Exhibit A</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Treasury
Regulations</B>&#148; means the regulations promulgated by the U.S. Treasury Department under the Code, as currently in effect as of the date hereof. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>VAT</B>&#148; means any value added Tax levied in conformity with the European Union&#146;s Council Directive 2006/112/EC in the
European Union, the VAT Act 1994 in the UK and any sales, turnover, consumption or other Tax of a similar fiscal nature substituted for, or levied in addition to, such Tax whether in the European Union or elsewhere. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Each of the following terms is defined in the Section set forth opposite such term: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="85%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="13%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman"><B>Term</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Section</B></P></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Accounting Referee</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2.09(c)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">ADSP</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">8.05(a)(ii)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Agreement</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">Recitals</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Allocation</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2.05(b)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Anti-Corruption Laws</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">3.23(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Anti-Forced Labor Policy</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">3.19(b)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Assumed Liabilities</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2.03</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Base Amount</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2.05(a)(i)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Business Asset</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">7.13(b)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Business Insurance Policy</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">3.20</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Business Personnel List</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">3.15(r)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Buyer</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">Recitals</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Buyer DC Plan</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">9.03</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Buyer Fundamental Representations</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">10.03(a)(A)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Buyer Indemnified Parties</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">12.02(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Buyer International DC Plan</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">9.05(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Buyer International Retirement Plan</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">9.05(b)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Claim Notice</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">12.03(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Closing</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2.07</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Continuing Collaboration Agreements</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">6.02(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">control</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">Definition of Affiliate</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Covered Employee</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">7.07(a)</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">18 </P>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="85%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="12%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman"><B>Term</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Section</B></P></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Current Representation</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">7.08(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">DC Transfer Date</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">9.05(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Debt Liens</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">5.03(d)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Designated Person</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">7.08(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Dispute Notice</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2.09(b)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Disputed Item</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2.09(b)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">DPA</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">Definition of Privacy Laws</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Enforceability Exceptions</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.02</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Effective Time</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.07</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">e-mail</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">13.01</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">End Date</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">11.01(a)(ii)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Enforceability Exceptions</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.02</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Estimated Closing Cash</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.06(a)(iii)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Estimated Closing Indebtedness</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.06(a)(ii)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Estimated Closing Net Working Capital</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.06(a)(i)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Estimated Closing Statement</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.06(c)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Estimated Transaction Expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.06(a)(iv)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Excluded Asset</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">7.13(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Excluded Liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.03</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Final Closing Statement</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.09(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Final Purchase Price</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.10(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Final Section&nbsp;338(g) Allocation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">8.05(a)(ii)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Financial Statements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.06(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Foreign Transfer Agreement</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.08</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">GDPR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">Definition of Privacy Laws</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Improvements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.11(d)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Indemnified Party</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">12.03(a)</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">19 </P>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="83%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="14%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman"><B>Term</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Section</B></P></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Indemnifying Party</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">12.03(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Inactive U.S. Employee</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">9.01(b)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Key Customers</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.19(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Key Suppliers</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.19(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Labor Agreement</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.15(n)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Leased Real Property</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.11(b)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Material Contract</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.08(b)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">Non-Assignable</FONT> Assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.04(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">OFAC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">Definition&nbsp;of Sanctioned Person</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Permits</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.13</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Permitted Liens</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.11(g)(xi)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Post-Closing Representation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">7.08(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Bonus</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">9.04</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">5.05(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Prior Year Bonus</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">9.04</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Privacy Requirements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.12(g)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Product</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.18(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Property Taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">8.01(d)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Proposed Section&nbsp;338(g) Allocation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">8.05(a)(ii)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Purchase Price</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.05(a)(v)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Purchased Assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.02</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">R&amp;W Insurance Policy</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">7.12</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Real Property Lease</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.11(b)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Registered Business Intellectual Property Rights</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.12(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Relevant Period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">9.02</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;338(g) Allocation Forms</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">8.05(a)(ii)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;338(g) Election</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">8.05(a)(i)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Seller</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">Recitals</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Seller Fundamental Representations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">12.01</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Seller Group Tax Claim</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">8.08(a)</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">20 </P>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="13%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman"><B>Term</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Section</B></P></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Seller Group Tax Return</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">8.01(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Seller International DC Plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">9.05</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Seller International Retirement Plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">9.05(b)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Seller Tax Records</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">8.02(b)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Seller Welfare Plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">9.08</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Substituted Guaranties</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">7.10</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Tax Claim</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">8.08(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Tax Refund</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">8.03(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Terminating Buyer Breach</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">11.01(a)(v)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Terminating Seller Breach</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">11.01(a)(iv)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Third Party Claim</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">12.03(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Third Party Policies</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">7.06</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Transferred Employee</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">9.01(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Transfer Amount</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">9.05(a)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Transfer Date</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">9.01(d)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">UFLPA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.19(d)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">UK</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">Definition of Privacy Laws</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">UK GDPR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">Definition of Privacy Laws</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Union</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.15(n)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">WARN</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.15(p)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Withholding Agent</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">2.11</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">XUAR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">3.19(d)</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;1.02. <I>Other Definitional and Interpretative Provisions</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) The words &#147;hereof&#148;, &#147;herein&#148; and &#147;hereunder&#148; and words of like import used in this Agreement shall refer to
this Agreement as a whole and not to any particular provision of this Agreement, and the word &#147;or&#148; shall be inclusive and not exclusive (for example, the phrase &#147;A or B&#148; means &#147;A or B or both,&#148; not &#147;either A or B
but not both&#148;), unless used in conjunction with &#147;either&#148; or the like. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) The headings and captions herein are included
for convenience of reference only and shall be ignored in the construction or interpretation hereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) References to Articles,
Sections, Exhibits and Schedules are to Articles, Sections, Exhibits and Schedules of this Agreement unless otherwise specified. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) All
Exhibits and Schedules annexed hereto or referred to herein are hereby incorporated in and made a part of this Agreement as if set forth in full herein. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">21 </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) Any capitalized terms used in any Exhibit or Schedule (including the Disclosure
Schedule) or Annex but not otherwise defined therein shall have the meaning as defined in this Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) Where there is any
inconsistency between the definitions set out in <U>Section</U><U></U><U>&nbsp;1.01</U> and the definitions set out in any other Section or any Schedule (including the Disclosure Schedule) or Annex, then, for the purposes of construing such Section,
Schedule or Annex, the definitions set out in such Section, Schedule or Annex shall prevail. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) The word &#147;extent&#148; in the
phrase &#147;to the extent&#148; shall mean the degree to which a subject or other theory extends and such phrase shall not mean &#147;if.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) Any singular term in this Agreement shall be deemed to include the plural, and any plural term the singular. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Whenever the words &#147;include&#148;, &#147;includes&#148; or &#147;including&#148; are used in this Agreement, they shall be deemed to
be followed by the words, &#147;but not limited to,&#148;, whether or not they are in fact followed by those words or words of like import. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) References to one gender shall include all genders. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k) References to any statute shall be deemed to refer to such statute as amended from time to time and to any rules or regulations
promulgated thereunder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l) &#147;Writing&#148;, &#147;written&#148; and comparable terms refer to printing, typing and other means of
reproducing words (including electronic media) in a visible form. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m) References to any agreement or Contract are to that agreement or
Contract as amended, modified or supplemented from time to time in accordance with the terms thereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(n) References to any Person
include the successors and permitted assigns of that Person. References from or through any date mean, unless otherwise specified, from and including or through and including, respectively. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(o) References to &#147;law,&#148; &#147;laws&#148; or to any Applicable Law shall be deemed to refer to such law or Applicable Law as amended
from time to time, except as otherwise specified herein, and to any rules or regulations promulgated thereunder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(p) All references to
any time herein shall refer to Eastern time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(q) Unless otherwise specified in this Agreement, all references to currency, monetary
values and dollars set forth herein shall mean United States (U.S.) dollars and all payments hereunder shall be made in U.S. dollars. To the extent any amount required to calculate the Purchase Price (including Cash, Indebtedness, Net Working
Capital or Transaction Expenses and the related calculation thereof) on the relevant calculation date is denominated in a currency, other than U.S. dollars, such amount shall be translated into U.S. dollars using the exchange rate applicable to
obligations payable in the relevant foreign currency published by Bloomberg on the applicable calculation date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">22 </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(r) The parties have participated jointly in the negotiation and drafting of this Agreement
and, in the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as jointly drafted by the parties and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the
authorship of any provision of this Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(s) For the purposes of this Agreement, any document that is described as being
&#147;delivered,&#148; &#147;furnished&#148; or &#147;made available&#148; shall be treated as such if a copy of such document has been put in the dataroom prepared by Seller or otherwise provided to Buyer or any of its Representatives in electronic
or hard-copy format at least three (3)&nbsp;Business Day prior to the execution and delivery of this Agreement. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ARTICLE 2 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">P<SMALL>URCHASE</SMALL> <SMALL>AND</SMALL> S<SMALL>ALE</SMALL> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.01. <I>Purchase and Sale of the Interests</I>. Upon the terms and subject to the conditions of this Agreement, Seller shall,
and shall cause one or more of its Subsidiaries to, sell, transfer and deliver to Buyer (or to such Subsidiary or Subsidiaries of Buyer, as determined by Buyer), and Buyer shall purchase (or cause one or more of its Subsidiaries to purchase) from
Seller and such applicable Subsidiaries, the Interests at the Closing. Seller or its Subsidiaries, as applicable, shall transfer and deliver to Buyer (or to such Subsidiary or Subsidiaries of Buyer, as determined by Buyer) at the Closing valid title
to such Interests free and clear of any Lien other than Liens imposed by applicable securities laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.02. <I>Purchase and
Sale of the Purchased Assets</I>. Upon the terms and subject to the conditions of this Agreement and, if applicable, the Foreign Transfer Agreements, Buyer agrees to purchase (or cause one or more of its Subsidiaries to purchase) from Seller or one
of its Subsidiaries, and Seller agrees to, and to cause any applicable Subsidiary to, sell, convey, transfer, assign and deliver, or cause to be sold, conveyed, transferred, assigned and delivered, to Buyer (or to such Subsidiary or Subsidiaries of
Buyer, as determined by Buyer) at the Closing, free and clear of any Liens other than Permitted Liens, all of Seller&#146;s and the Retained Subsidiaries&#146; right, title and interest in, to and under the assets, properties and rights of Seller
and any applicable Subsidiary set forth on <U>Section</U><U></U><U>&nbsp;2.02</U> of the Disclosure Schedule (collectively, the &#147;<B>Purchased Assets</B>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.03. <I>Assumed Liabilities</I>. Upon the terms and subject to the conditions of this Agreement, Buyer agrees, effective at the
Effective Time, to assume (or cause to be assumed) and thereafter to timely pay, discharge and perform in accordance with their terms, all of the Liabilities of Seller or any of the Retained Subsidiaries (or any predecessor of any of the foregoing
or any prior owner of all or part of the businesses or assets of any of the foregoing), to the extent relating to or arising out of the Purchased Assets, of whichever nature, whether presently in existence or arising hereafter, including any
Liabilities set forth on <U>Section</U><U></U><U>&nbsp;2.03(i)</U> of the Disclosure Schedule (collectively, the &#147;<B>Assumed Liabilities</B>&#148;). Notwithstanding anything to the contrary contained herein, Buyer shall not assume, by virtue of
its acquisition of the Interests or the Purchased Assets </P>
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or otherwise, any Liabilities (a)&nbsp;of Seller or any of the Retained Subsidiaries that are not Assumed Liabilities, (b)&nbsp;to the extent arising out of, or relating to, the Retained
Business, (c)&nbsp;except as otherwise set forth in <U>Article 9</U> or in the Secondment Agreement, to the extent arising out of, or relating to, any Seller Benefit Plan, (d)&nbsp;to the extent arising out of or related to the participation in any
Business Benefit Plan by any individual who is not a Business Employee, Former Business Employee or Seconded Employee or that otherwise does not relate to a period of service for the Business, (e)&nbsp;to the extent arising out of, or relating to,
any current or former employee of Seller or its Affiliates (or candidate to be an employee of Seller or its Affiliates) who is not a Business Employee, Former Business Employee or Seconded Employee or to the extent not related to the Business,
(f)&nbsp;arising under Section&nbsp;302 or Title IV of ERISA or Section&nbsp;412 of the Code, (g)&nbsp;arising under Section&nbsp;4980B of the Code or Part 6 of Subtitle B of Title I of the Code, subject to Buyer&#146;s compliance with its
obligation to provide Seconded Employees with continued health benefits under <U>Section</U><U></U><U>&nbsp;9.08</U> from and after the Transfer Date, (h)&nbsp;arising under or in connection with any Multiemployer Plan, or (i)&nbsp;constituting
Indemnified Taxes (collectively, the &#147;<B>Excluded Liabilities</B>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.04. <I>Limitation on Assignment of
Purchased Assets</I>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Notwithstanding anything to the contrary in this Agreement, this Agreement shall not constitute an agreement to
assign or transfer any Contract or other Purchased Asset that is not assignable or transferable without (i)&nbsp;the consent of any Person, other than Seller, Buyer or any of their respective Affiliates, and such consent shall not have been obtained
prior to Closing or (ii)&nbsp;violating any Applicable Law (such assets being collectively referred to herein as &#147;<B><FONT STYLE="white-space:nowrap">Non-Assignable</FONT> Assets</B>&#148;). Notwithstanding the foregoing, Seller and Buyer and
each of their respective Subsidiaries shall have the continuing obligation from the date hereof until eighteen (18)&nbsp;months after the Closing to use their reasonable best efforts to obtain all necessary consents to the assignment or transfer
thereof, or to deliver any required notices, it being understood that other than general internal costs, overhead and use of internal personnel and assets or infrastructure, neither Seller, Buyer nor any of their respective Affiliates or
Subsidiaries shall be required to expend money or incur any Liability (including any Tax) (other than de minimis costs and expenses), commence any litigation or offer or grant any accommodation (financial or otherwise) to any third party to obtain
such consents. Upon obtaining the requisite third-party consents thereto, such <FONT STYLE="white-space:nowrap">Non-Assignable</FONT> Assets shall promptly be transferred and assigned to Buyer hereunder at no additional cost. With respect to any <FONT
STYLE="white-space:nowrap">Non-Assignable</FONT> Asset or right thereunder that is not transferred and assigned to Buyer at the Closing by reason of this <U>Section</U><U></U><U>&nbsp;2.04</U> after the Closing, until any requisite consent is
obtained therefor and the same is transferred and assigned to Buyer, Buyer and Seller shall cooperate with each other and use their reasonable best efforts (i)&nbsp;to obtain for Buyer, at no cost to Buyer or any of their respective Affiliates, an
arrangement with respect thereto to provide for Buyer to obtain substantially comparable benefits therein and provide for Buyer to assume the obligations and bear the economic burdens associated therewith, (ii)&nbsp;for Seller and its Affiliates to
operate the <FONT STYLE="white-space:nowrap">Non-Assignable</FONT> Assets in the ordinary course of business on Buyer&#146;s behalf and at Buyer&#146;s lawful direction, and (iii)&nbsp;to otherwise put Buyer and Seller (and their respective
Affiliates) in the position they would have been in had such <FONT STYLE="white-space:nowrap">Non-Assignable</FONT> Asset and accompanying Assumed Liability been transferred at the Closing. To the extent permitted under Applicable Law, Seller shall
(and shall cause its controlled Affiliates to) use their respective </P>
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reasonable best efforts to exercise, enforce and exploit, only at the direction of and for the benefit of Buyer and at Buyer&#146;s sole cost and expense, any and all claims rights and benefits
of Seller (or such controlled Affiliates) arising in connection with such <FONT STYLE="white-space:nowrap">Non-Assignable</FONT> Assets. In furtherance of the foregoing, Seller shall, and shall cause its Affiliates to, without further consideration
therefor, pay and remit to Buyer or its designee all monies, rights and other consideration received in respect of such <FONT STYLE="white-space:nowrap">Non-Assignable</FONT> Asset or right thereunder as promptly as reasonably practicable after
receipt thereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.05. <I>Purchase Price; Allocation of Purchase Price</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) The purchase price for the Interests and Purchased Assets is (i) $1,500,000,000 (the &#147;<B>Base Amount</B>&#148;), (ii) <U>plus</U>
Closing Cash, (iii)<U>&nbsp;plus</U> the Closing Net Working Capital Adjustment Amount, (iv)<U>&nbsp;minus</U> Closing Indebtedness and (v)<U>&nbsp;minus</U> Transaction Expenses (the &#147;<B>Purchase Price</B>&#148;). The parties agree that the
Purchase Price shall be allocated among the Purchased Subsidiaries and the Purchased Assets in accordance with the methodology set forth in Exhibit B. The Estimated Purchase Price shall be paid as provided in <U>Section</U><U></U><U>&nbsp;2.05</U>
and shall be subject to adjustment as provided in <U>Section</U><U></U><U>&nbsp;2.10</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) The Purchase Price (plus Assumed
Liabilities, to the extent properly taken into account under the Code), shall be allocated among the Purchased Subsidiaries (or, in the case of any Purchased Subsidiary that is disregarded for U.S. federal income tax purposes, the assets of such
Purchased Subsidiary) and the Purchased Assets in accordance with (i)&nbsp;the methodology set forth in Exhibit B, and (ii)&nbsp;to the extent applicable, Section&nbsp;1060 of the Code and the Treasury Regulations (and any similar provision of
state, local or <FONT STYLE="white-space:nowrap">non-U.S.</FONT> law, as appropriate) (such allocation, the &#147;<B>Allocation</B>&#148;). The Allocation shall be delivered by Seller to Buyer within 30 days after the final determination of the
Final Purchase Price pursuant to <U>Section</U><U></U><U>&nbsp;2.10</U> for Buyer&#146;s approval, which approval shall not be unreasonably withheld, conditioned or delayed. Seller and Buyer shall work in good faith to resolve any disputes relating
to the Allocation within 30 days. If Seller and Buyer are unable to resolve any such dispute, such dispute shall be resolved promptly by the Accounting Referee, the costs of which shall be borne in the manner set forth in
<U>Section</U><U></U><U>&nbsp;2.09</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) If an adjustment is made with respect to the Purchase Price pursuant to
<U>Section</U><U></U><U>&nbsp;2.10</U> or otherwise under this Agreement, such adjustment shall be allocated as agreed by Buyer and Seller, and the Allocation shall be adjusted in a manner consistent therewith. In the event that an agreement as to
such adjustment is not reached within 60 days after the final determination of Closing Cash, Closing Net Working Capital, Closing Indebtedness or other item giving rise to an adjustment, Buyer and Seller shall jointly retain an Accounting Referee
(as defined in Section<U></U><U>&nbsp;2.09(c)</U>) to resolve the disputed items. Upon resolution of the disputed items, the allocations reflected in the Allocation shall be adjusted to reflect such resolution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Buyer and Seller shall file all Tax Returns (including, but not limited to, IRS Form 8594) consistent with the Allocation. Neither Buyer
nor Seller shall take any Tax position inconsistent with such Allocation and neither Buyer nor Seller shall agree to any proposed adjustment to the Allocation by any Taxing Authority without first giving the other party prior written notice;
<I>provided</I>,<I> however</I>, that nothing contained herein shall prevent Buyer or Seller from settling any proposed deficiency or adjustment by any Taxing Authority based upon or arising out of the Allocation, and neither Buyer nor Seller shall
be required to litigate before any court any proposed deficiency or adjustment by any Taxing Authority challenging such Allocation. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.06. <I>Estimated Purchase Price</I>. Not less than five Business Days prior
to the Closing Date, Seller shall deliver to Buyer a written statement setting forth (a)&nbsp;Seller&#146;s good faith estimates of (i)&nbsp;Closing Net Working Capital (&#147;<B>Estimated Closing Net Working Capital</B>&#148;), (ii) Closing
Indebtedness (&#147;<B>Estimated Closing Indebtedness</B>&#148;), (iii) Closing Cash (&#147;<B>Estimated Closing Cash</B>&#148;) and (iv)&nbsp;Transaction Expenses (&#147;<B>Estimated Transaction Expenses</B>&#148;), (b) Seller&#146;s calculation of
the Estimated Net Working Capital Adjustment Amount, and (c)&nbsp;on the basis of the foregoing, a calculation of the Estimated Purchase Price (together with the calculations referred to in clauses (a)&nbsp;and (b) above, the &#147;<B>Estimated
Closing Statement</B>&#148;), together with reasonable supporting documentation. The Estimated Closing Statement shall be prepared in accordance with the accounting principles and methodologies set forth in the Illustrative Purchase Price
Calculation Schedule and the Accounting Policies and this Agreement. Following delivery of the Estimated Closing Statement, Seller shall provide Buyer and its advisors reasonable access to the relevant books and records and employees of Seller in
connection with Buyer&#146;s review of the calculation of the Estimated Purchase Price and the parties will cooperate in good faith to resolve any dispute with respect to the items set forth in the Estimated Closing Statement prior to Closing (but
any such dispute shall not delay the Closing). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.07. <I>Closing</I>. Subject to the terms and conditions of this Agreement,
the closing (the &#147;<B>Closing</B>&#148;) of the purchase and sale of the Interests and the Purchased Assets and the assumption of the Assumed Liabilities hereunder shall take place remotely by the exchange of signature pages for executed
documents on (a)&nbsp;the first (1<SUP STYLE="font-size:75%; vertical-align:top">st</SUP>) Business Day of the month following the month in which all of the conditions set forth in <U>Article 10</U> (other than those conditions that by their nature
are to be satisfied at the Closing, but subject to the satisfaction or, to the extent permitted by Applicable Law, waiver of those conditions) have been satisfied (or, to the extent permitted by Applicable Law, waived), <I>provided</I>, <I>that</I>,
if the conditions set forth in <U>Article 10</U> have been satisfied (or, to the extent permitted by Applicable Law, waived) as of the date that is less than five (5)&nbsp;Business Days (or, in Buyer&#146;s sole discretion, fewer than five
(5)&nbsp;Business Days) from the first (1<SUP STYLE="font-size:75%; vertical-align:top">st</SUP>) Business Day of the following month, the Closing shall take place remotely on the first (1<SUP STYLE="font-size:75%; vertical-align:top">st</SUP>)
Business Day of the month after the following calendar month, or (b)&nbsp;at such other time or place as Buyer and Seller may agree. The Closing shall be deemed effective as of 11:59 p.m. (Eastern time) on the day immediately preceding the Closing
Date (the &#147;<B>Effective Time</B>&#148;). At the Closing: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Buyer shall deliver to Seller: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) a certificate, dated the Closing Date and signed by an executive officer of Buyer, pursuant to
<U>Section</U><U></U><U>&nbsp;10.03(c)</U> hereof; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) a duly executed counterpart to each Transaction Document to which
Buyer or any Affiliate thereof is a party; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) the Estimated Purchase Price in immediately available funds by wire
transfer to an account or accounts designated by Seller by notice to Buyer. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Seller shall deliver to Buyer: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) a certificate, dated the Closing Date and signed by an executive officer of Seller, pursuant to
<U>Section</U><U></U><U>&nbsp;10.02(c)</U> hereof; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) a duly executed counterpart to each Transaction Document to which
Seller or any Affiliate thereof is a party; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) (A) with respect to Supreme Holdings, Inc., certification that meets the
requirements of Treasury Regulations <FONT STYLE="white-space:nowrap">Section&nbsp;1.897-2(h)(1)(i),</FONT> dated within 30 days prior to the Closing Date and in form and substance reasonably acceptable to Buyer along with written authorization for
Buyer to deliver such notice form to the IRS, and (B)&nbsp;with respect to 1994 Inc. Ltd., duly executed certification by 1994 Inc. Ltd. in a form reasonably acceptable to Buyer (with a draft to be provided no later than three (3)&nbsp;days prior to
the Closing Date) providing that no asset of 1994 Inc. Ltd. constitutes a &#147;United States real property interest&#148; within the meaning of Section&nbsp;897 of the Code; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) a duly executed IRS Form <FONT STYLE="white-space:nowrap">W-9</FONT> or applicable IRS Form
<FONT STYLE="white-space:nowrap">W-8</FONT> from Seller and any Subsidiary of Seller that is (or is treated as) transferring Purchased Assets or Interests in a Purchased Subsidiary under this Agreement; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) certificates for the Interests (to the extent certificated) duly endorsed or accompanied by stock powers duly endorsed in
blank, with any required transfer stamps affixed thereto; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) duly executed letters of resignation or evidence of
removal, in form and substance reasonably satisfactory to Buyer, and effective as of the Closing, from or with respect to each of the officers and directors of the Purchased Subsidiaries and for which resignation is requested by Buyer at least five
(5)&nbsp;Business Days prior to Closing. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.08. <I>Foreign Transfer Agreements</I>. Without limiting
<U>Section</U><U></U><U>&nbsp;2.07</U>, the transfer of each foreign Purchased Subsidiary and the assignment of the Purchased Assets and the assumption of the Assumed Liabilities relating to any portion of the Business located outside of the United
States will, to the extent required by Applicable Law, be effected pursuant to individual short-form acquisition agreements (each a &#147;<B>Foreign Transfer Agreement</B>&#148;) on a
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">country-by-country</FONT></FONT> basis; <I>provided</I> that, in each case, the Foreign Transfer Agreements shall serve purely to effect the legal transfer of the applicable foreign
Purchased Subsidiary or the assignment of the Purchased Assets and the assumption of the Assumed Liabilities in the applicable jurisdictions. For the avoidance of doubt, (a)&nbsp;the Foreign Transfer Agreements shall not have any effect on the value
being given or received by Seller or Buyer, including the allocation of assets and Liabilities as between them, all of which shall be determined solely in accordance with this Agreement and (b)&nbsp;in the event of any conflicts between any Foreign
Transfer Agreement and this Agreement, the terms of this Agreement shall control in all respects. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.09. <I>Final Purchase Price Calculation</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) As promptly as practicable, but no later than ninety (90)&nbsp;days after the Closing Date, Buyer shall prepare and deliver to Seller,
(i)&nbsp;a calculation of Closing Net Working Capital, (ii)&nbsp;a calculation of the aggregate amount of all Closing Indebtedness, (iii)&nbsp;a calculation of Closing Cash, (iv)&nbsp;a calculation of Transaction Expenses, (v)&nbsp;a calculation of
the Closing Net Working Capital Adjustment Amount, and (vi)&nbsp;on the basis of the foregoing, a calculation of the Closing Purchase Price (together with the calculations referred to in clauses (i)&nbsp;through (v) above, the &#147;<B>Final Closing
Statement</B>&#148;), together with reasonable supporting documentation. The Closing Net Working Capital, Closing Indebtedness and Closing Cash shall be prepared in accordance with the Accounting Policies and the defined terms used in this
<U>Section</U><U></U><U>&nbsp;2.09</U>; <I>provided</I>, <I>however</I>, the Final Closing Statement (and any amounts included therein) shall not give effect to the consummation of the transactions contemplated by this Agreement (except for the
settlement of all intercompany accounts pursuant to <U>Section</U><U></U><U>&nbsp;5.03(c)</U>), including any act or omission by Buyer or any of its Subsidiaries or the Purchased Subsidiaries taken at, after or in connection with the Closing or
reflect any payments of cash in respect of the Purchase Price, or any financing transactions in connection therewith or reflect any expense or liability for which Buyer is responsible under this Agreement. If Buyer fails to timely deliver the Final
Closing Statement in accordance with the first sentence of this Section&nbsp;2.09(a) within such ninety <FONT STYLE="white-space:nowrap">(90)-day</FONT> period, then, at the election of Seller in its sole discretion either (x)&nbsp;the Estimated
Closing Statement delivered by Seller to Buyer pursuant to <U>Section</U><U></U><U>&nbsp;2.06 </U>shall be deemed to be the Final Closing Statement, for all purposes hereunder or (y)&nbsp;Seller shall be entitled to retain (at the sole cost and
expense of Buyer) an independent accounting firm of recognized national standing to provide an audit of the books of the Business, determined the calculation of, and prepare, the Final Closing Statement consistent with the provisions of this
<U>Section</U><U></U><U>&nbsp;2.09(a)</U>, the determination of such independent accounting firm being conclusive, final and binding on the parties hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) If Seller disagrees with Buyer&#146;s calculation of the Purchase Price as set forth in the Final Closing Statement, Seller may, within 60
days after delivery of the Final Closing Statement, deliver a written notice to Buyer (a &#147;<B>Dispute Notice</B>&#148;) setting forth in reasonable detail the particulars of such disagreement. Seller may only deliver one Dispute Notice. In the
event that Seller does not timely provide a Dispute Notice, Seller shall be deemed to have agreed to the Final Closing Statement (including the determinations included therein) delivered by Buyer pursuant to
<U>Section</U><U></U><U>&nbsp;2.09(a)</U>, which shall be final, binding and conclusive for all purposes hereunder. The Dispute Notice shall specify those items or amounts as to which Seller disagrees (each, a &#147;<B>Disputed Item</B>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) If Seller duly delivers a Dispute Notice, Buyer and Seller shall, during the 30 days following such delivery, use their good faith efforts
to resolve any such disagreements with respect to the Final Closing Statement. If Buyer and Seller are unable to reach such agreement during such period, they shall promptly thereafter jointly retain a nationally recognized accounting firm, who
shall not have any material relationship with Buyer or Seller or any of their respective Affiliates; <I>provided</I>,<I> however</I>, in the event Buyer and Seller are unable to mutually agree on such Person, Buyer, on the one hand, and Seller, on
the other hand, will each select an independent accounting firm of recognized international standing and both such selected accounting firms will select a third independent accounting firm of recognized international standing to be deemed to be
</P>
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the independent accounting firm selected by the parties for purposes of this <U>Section</U><U></U><U>&nbsp;2.09</U>, which firm may not be the regular auditing firm of Buyer or Seller<I>
</I>(such selected independent accounting firm, the &#147;<B>Accounting Referee</B>&#148;) and cause such Accounting Referee promptly to review this Agreement and the Disputed Items for the purpose of calculating the Purchase Price. The Accounting
Referee shall deliver to Buyer and Seller, as promptly as practicable but in no event later than 30 days after submission to the Accounting Referee of the last to be submitted written submissions of Seller and Buyer, a written report setting forth
such calculation. Such report shall be final and binding upon Buyer and Seller. The cost of such review and report shall be borne (i)&nbsp;by Buyer, if Buyer is awarded less than 50% of the aggregate value of all Disputed Items submitted to the
Accounting Referee, (ii)&nbsp;by Seller, if Seller is awarded less than 50% of the aggregate value of all Disputed Items submitted to the Accounting Referee and (iii)&nbsp;otherwise equally by Buyer and Seller. Buyer and Seller shall in good faith
execute customary engagement documentation required by the Accounting Referee. The Accounting Referee shall determine, based solely on presentations by Buyer and Seller and their respective representatives, and not by independent review, only those
Disputed Items still in dispute. In resolving any Disputed Item, the Accounting Referee shall act as an expert and not an arbitrator and shall be bound by the provisions of this Agreement and the application of the Accounting Policies. With respect
to its determination of each such Disputed Item, the Accounting Referee may only decide the specific Disputed Items still under dispute by the parties and its decision for each such Disputed Item must be within the range of values assigned to each
such Disputed Item in the Final Closing Statement and the Dispute Notice. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Buyer and Seller agree that they will, and agree to cause
their respective Subsidiaries to, reasonably cooperate and assist in the preparation of the Final Closing Statement and the calculation of the Purchase Price and in the conduct of the reviews referred to in this
<U>Section</U><U></U><U>&nbsp;2.09</U>, including the making available to the extent necessary of books, records, work papers and personnel during normal business hours and upon reasonable notice to the extent related to the preparation of the Final
Closing Statement and the adjustments contemplated thereby; <I>provided</I>, <I>however</I>, that it shall be a condition to the granting of such access to any work papers that Seller and its Representatives execute any confidentiality agreements,
releases and indemnity agreements customarily required by Buyer&#146;s accounts for such access. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) For the avoidance of doubt, neither
the calculations to be made pursuant to this <U>Section</U><U></U><U>&nbsp;2.09</U> nor the purchase price adjustment to be made pursuant to <U>Section</U><U></U><U>&nbsp;2.10</U> are intended to be used to adjust for errors or omissions that may be
found with respect to the Balance Sheets or Target Net Working Capital. No change in GAAP or Applicable Law after the Closing Date, shall be taken into consideration in the calculations to be made pursuant to <U>Section</U><U></U><U>&nbsp;2.09</U>.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.10. <I>Adjustment of Purchase Price</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) If the Final Purchase Price exceeds the Estimated Purchase Price, Buyer shall pay to Seller, in the manner provided in
Section&nbsp;2.10(b), the amount of such excess. If the Final Purchase Price is less than the Estimated Purchase Price, Seller shall pay to Buyer, in the manner provided in <U>Section</U><U></U><U>&nbsp;2.10(b)</U>, the amount of such difference.
The &#147;<B>Final Purchase Price</B>&#148; means the Purchase Price (x)&nbsp;as set forth in the Final Closing Statement if Seller does not duly deliver a Dispute Notice or (y)&nbsp;if a Dispute Notice is delivered (i)&nbsp;as agreed between Seller
and Buyer pursuant to <U>Section</U><U></U><U>&nbsp;2.09(c)</U> or (ii)&nbsp;in the absence of such agreement, as determined by the Accounting Referee pursuant to <U>Section</U><U></U><U>&nbsp;2.09(c)</U>. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Any payment pursuant to this <U>Section</U><U></U><U>&nbsp;2.10</U> shall be made by
Buyer or Seller, as the case may be, at a mutually convenient time within five Business Days after the determination of Final Purchase Price, by wire transfer of immediately available funds to such account or accounts of such other party as may be
designated by such other party. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.11. <I>Withholding</I>. Notwithstanding anything herein to the contrary, Buyer and its
Affiliates or any other applicable withholding agent (each, a &#147;<B>Withholding Agent</B>&#148;) shall be entitled to deduct and withhold from amounts payable to any Person such amounts as the applicable Withholding Agent is required to deduct
and withhold under any applicable Tax laws, with respect so the making of such payment. In the event any applicable Withholding Agent determines withholding is required, the applicable Withholding Agent shall use reasonable best efforts to
(i)&nbsp;provide the applicable payee with at least five (5)&nbsp;Business Days advance notice of such withholding and (ii)&nbsp;cooperate with such payee to reduce or eliminate such withholding. To the extent that amounts are so withheld, such
withheld amounts shall be treated for all purposes of this Agreement as having been paid to the Person in respect of whom such deduction and withholding was made.<SUP STYLE="font-size:75%; vertical-align:top"> </SUP> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.12. <I>Further Agreement</I>. The Parties further agree as provided for on <U>Section</U><U></U><U>&nbsp;2.12</U> and
<U>Section</U><U></U><U>&nbsp;2.13</U> of the Disclosure Schedule.<SUP STYLE="font-size:75%; vertical-align:top"> </SUP> </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ARTICLE 3 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">R<SMALL>EPRESENTATIONS</SMALL> <SMALL>AND</SMALL> W<SMALL>ARRANTIES</SMALL> <SMALL>OF</SMALL> S<SMALL>ELLER</SMALL> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Except as set forth in the Disclosure Schedule (but subject to <U>Section</U><U></U><U>&nbsp;13.12</U>), Seller represents and warrants to
Buyer that: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.01. <I>Corporate Existence and Power</I>. Seller is a corporation duly incorporated, validly existing and in
good standing under the laws of the Commonwealth of Pennsylvania and has all requisite corporate powers required to carry on the Business as presently conducted. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.02. <I>Corporate Authorization</I>. The execution, delivery and performance by Seller of this Agreement and the consummation by
Seller or any of its Subsidiaries of the transactions contemplated hereby are within Seller&#146;s and any such Subsidiaries&#146; corporate powers and have been duly authorized by all necessary corporate action. The execution, delivery and
performance of each other Transaction Document to which Seller or any of its Subsidiaries is a party, by Seller and any such Subsidiary, and the consummation of the transactions contemplated thereby, are within Seller&#146;s and any such
Subsidiary&#146;s corporate or similar authority and power and have been, or will be prior to their execution, delivery and performance, duly authorized by all necessary corporate or similar action on the part of Seller and any such Subsidiary.
Assuming due and valid execution by each other party hereto, this Agreement constitutes a valid and binding agreement of Seller, enforceable against Seller in accordance with its terms (subject to applicable
</P>
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bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws affecting creditors&#146; rights generally and general principles of equity (collectively, the
&#147;<B>Enforceability Exceptions</B>&#148;)). Assuming due and valid execution by each other party thereto, each other Transaction Document to which Seller or any of its Subsidiaries is a party constitutes or, upon the execution and delivery
thereof by Seller and any such Subsidiary, shall constitute, a valid and binding agreement of Seller and any such Subsidiary, enforceable against Seller and any such Subsidiary in accordance with its terms, subject to the Enforceability Exceptions.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.03. <I>Governmental Authorization</I>. The execution, delivery and performance by Seller of each Transaction Document to
which it is a party and the consummation by Seller and any of its Subsidiaries of the transactions contemplated hereby and thereby require no action by or in respect of, or filing with, any Governmental Authority and none of Seller nor any
Subsidiary of Seller is required to provide any notice, declaration or filing or receive the consent or approval of any Governmental Authority with respect to any of the foregoing, other than (i)&nbsp;compliance with any applicable requirements of
the HSR Act or Competition Laws; (ii)&nbsp;the filing of applications and notices with, and receipt of approvals, licenses or consents of, the Governmental Authorities or Regulatory Authorities, in each case set forth on
<U>Section</U><U></U><U>&nbsp;3.03</U> of the Disclosure Schedule; (iii)&nbsp;compliance with any applicable securities laws; and (iv)&nbsp;any such other action or filing as to which the failure to make or obtain would not reasonably be expected to
result in material Liability to the Business, taken as a whole, or materially impair the operations of the Business, taken as a whole, or prevent or materially delay the transactions contemplated by this Agreement or any other Transaction Document
to which Seller or any of its Subsidiaries is a party. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.04. <I>Noncontravention</I>. The execution, delivery and
performance by Seller of the Transaction Documents to which it is a party and the consummation of the transactions by Seller and any of its Subsidiaries contemplated hereby and thereby do not and will not, (i)&nbsp;violate any provision of the
certificate of incorporation, bylaws, operating agreement or other similar organizational documents of Seller or any Purchased Subsidiary, (ii)&nbsp;assuming compliance with the matters referred to in <U>Section</U><U></U><U>&nbsp;3.03</U>, violate
any Applicable Law, (iii)&nbsp;require any consent or other action by any Person under, result in a breach of, constitute a default under, or an event that, with or without notice or lapse of time or both, give rise to any right of termination,
cancellation or acceleration of any right or obligation of Seller or to a loss of any benefit to which Seller or any Purchased Subsidiary is entitled under any provision of any contract, agreement or other instrument binding upon Seller or any
Purchased Subsidiary or (iv)&nbsp;result in the creation or imposition of any Lien on any Purchased Asset, the Interests or on any asset of any Purchased Subsidiary, except for any Permitted Liens, with such exceptions, in the case of each of
clauses (ii)&nbsp;through (iv), as would not reasonably be expected, individually or in the aggregate, to result in material Liability to the Business, taken as a whole, or materially impair the operations of the Business, taken as a whole, or
prevent or materially delay the transactions contemplated by this Agreement or any other Transaction Document to which Seller or any of its Subsidiaries is a party. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">31 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.05. <I>Purchased Subsidiaries</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Each Purchased Subsidiary is duly organized and validly existing and, to the extent legally applicable, in good standing (or the
equivalent thereof) under the laws of its jurisdiction of organization and has all organizational powers and all material governmental licenses, authorizations, permits, consents and approvals required to carry on its business as presently
conducted, except for those licenses, authorizations, permits and approvals the absence of which would not reasonably be expected, individually or in the aggregate, to result in material Liability to the Business, taken as a whole, or materially
impair the operations of the Business, taken as a whole, or prevent or materially delay the transactions contemplated by this Agreement or any other Transaction Document to which Seller or any of its Subsidiaries is a party. Each Purchased
Subsidiary and its jurisdiction of organization is identified on <U>Section</U><U></U><U>&nbsp;3.05(a)</U> of the Disclosure Schedule. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) <U>Section 3.05(b)</U> of the Disclosure Schedule sets forth the authorized, issued and outstanding equity interests of each Purchased
Subsidiary and the record (or legal, as that concept is applicable) and beneficial owners of such outstanding equity interests. All of the Interests (and equity interests or shares of capital stock in the direct and indirect Subsidiaries of the
Purchased Subsidiaries) are owned beneficially and of record by Seller, the Retained Subsidiaries or a Purchased Subsidiary (as applicable) free and clear of any Lien (other than transfer restrictions of general applicability as may be provided
under applicable securities laws). All of the issued and outstanding equity interests of the Purchased Subsidiaries (and equity interests or shares of capital stock in the direct and indirect Subsidiaries of the Purchased Subsidiaries)&nbsp;(i) are
duly authorized and validly issued and were not issued in violation of any preemptive or similar rights, and (ii)&nbsp;were offered and issued in compliance with applicable securities laws and (iii)&nbsp;to the extent such concepts are applicable
thereto, are fully paid and nonassessable. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Except for the Interests and as otherwise set forth on
<U>Section</U><U></U><U>&nbsp;3.05(b)</U> of the Disclosure Schedule, there are no equity interests in a Purchased Subsidiary issued, reserved for issuance or outstanding and there are no preemptive or similar rights on the part of any holder of any
class of securities of any Purchased Subsidiary (other than any other Purchased Subsidiary). There are no options, warrants, preemptive or similar rights, rights of first refusal, convertible or exchangeable securities, &#147;phantom&#148; stock
rights, equity appreciation rights, equity-based performance units or Contracts to which any Purchased Subsidiary, Seller or any of its Subsidiaries is a party or by which any of them is bound that (i)&nbsp;would obligate any of them to issue,
deliver, sell, purchase or redeem, or cause to be issued, delivered, sold, purchased or redeemed, any equity interests of any Purchased Subsidiary or any security convertible into, or exercisable or exchangeable for, any equity interests of a
Purchased Subsidiary or (ii)&nbsp;would obligate any Purchased Subsidiary or any other Person to issue, grant, extend or enter into any such option, warrant, security, right, unit or Contract of any Purchased Subsidiary. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Except for the Business, none of the Purchased Subsidiaries has conducted any other business or otherwise owns any assets or properties or
has any Liabilities, that are not related to the Business. Correct and complete copies of the organizational documents of each Purchased Subsidiary have been provided to Buyer. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.06. <I>Financial Statements; Undisclosed Liabilities</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) The Balance Sheets as of the Balance Sheet Date and the related unaudited statements of profit and loss for the <FONT
STYLE="white-space:nowrap">12-month</FONT> period ended on the Balance Sheet Date, in each case, true, correct and complete copies of which are set forth on <U>Section</U><U></U><U>&nbsp;3.06</U> of the Disclosure Schedule (the &#147;<B>Financial
Statements</B>&#148;), (i) fairly present in all material respects, in conformity with GAAP applied on a consistent basis (except as set forth in <U>Section</U><U></U><U>&nbsp;3.06</U> of the Disclosure Schedule and subject to the absence of notes
and normal <FONT STYLE="white-space:nowrap">year-end</FONT> adjustments which are not individually or in the aggregate material to the Business), the financial position of the Purchased Subsidiaries and the Business as of the dates thereof and the
results of operations of the Purchased Subsidiaries and the Business for the period then ended and (ii)&nbsp;have been prepared from, and are in accordance with, and accurately reflect the books and records of Seller and its Subsidiaries in all
material respects. Notwithstanding the foregoing, (x)&nbsp;the Financial Statements and the foregoing representations and warranties are qualified by the fact that the Business has not operated as a separate standalone entity and has received
certain allocated charges and credits which do not necessarily reflect amounts that would have resulted from <FONT STYLE="white-space:nowrap">arm&#146;s-length</FONT> transactions or that the Business would incur on a standalone basis or on an
integrated basis within another organization, (y)&nbsp;all such allocated charges and credits have been made in accordance with GAAP consistently applied and (z)&nbsp;Buyer acknowledges and agrees that the Financial Statements are not <I>pro
forma</I> financial statements giving effect to the transactions contemplated by this Agreement. Seller maintains a system of internal controls over financial reporting sufficient to provide reasonable assurances regarding the reliability of
financial reporting related to the Business. There is not (A)&nbsp;any significant deficiencies or material weaknesses in the design or operation of internal controls over financial reporting that are reasonably likely to adversely affect in any
material respect the ability to record, process, summarize and report financial information related to the Business and (B)&nbsp;any fraud, whether or not material, that involves management or other employees who have a significant role in the
internal controls over financial reporting related to the Business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Neither Seller nor any of its Subsidiaries has any claims or
Liabilities in respect of the Business that would be required to be reflected or reserved on an audited balance sheet of the Business (including the notes thereto) in accordance with GAAP, except for (i)&nbsp;Liabilities arising under Contracts
entered into in the ordinary course of business (other than as a result of breach of Contract, tort, infringement, violation of Applicable Law, claim or lawsuit), (ii) Liabilities reflected on the Financial Statements, (iii)&nbsp;Liabilities arising
under or incurred in connection with this Agreement or any other Transaction Document, (iv)&nbsp;Liabilities incurred subsequent to the Balance Sheet Date in the ordinary course of business consistent with past practice, (v)&nbsp;Liabilities
relating to a subject matter that is addressed in any other representations and warranties contained in this <U>Article 3</U> or in <U>Article 8</U> or <U>Article 9</U> or (vi)&nbsp;other Liabilities that would not reasonably be expected,
individually or in the aggregate, to result in material Liability to the Business, taken as a whole, or materially impair the operations of the Business, taken as a whole. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.07. <I>Absence of Certain Change</I><I>s</I>. Since the Balance Sheet Date to the date of this Agreement, (a)&nbsp;the
Business, taken as a whole, has been conducted in all material respects in the ordinary course consistent with past practices, (b)&nbsp;there has not been any Material Adverse Effect and (c)&nbsp;neither Seller nor any of its Subsidiaries has taken
any action that, if taken subsequent to the execution of this Agreement and prior to the Closing, would require Seller to seek Buyer&#146;s consent or be prohibited pursuant to <U>Section</U><U></U><U>&nbsp;5.01</U>. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">33 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.08. <I>Material Contracts</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) (x) Except as set forth in <U>Section</U><U></U><U>&nbsp;3.08</U> of the Disclosure Schedule and (y)&nbsp;excluding any Contract that is
not related to, used in or held for use in the Business, as of the date of this Agreement, in respect to the Business, neither Seller nor any of its Subsidiaries is, as of the date of this Agreement, a party to or bound by: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) (A) Real Property Leases, and (B)&nbsp;any lease of personal property requiring (x)&nbsp;annual rentals with respect to the
Business of $1,000,000 or more or (y)&nbsp;aggregate payments with respect to the Business by Seller and its Subsidiaries of $2,000,000 or more, in each case, that cannot be terminated on not more than 120 days&#146; notice without payment by Seller
or any of its Subsidiaries of any material penalty; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) any agreement (excluding purchase orders entered into in the
ordinary course of business consistent with past practice) requiring either (A)&nbsp;annual payments with respect to the Business by Seller or any of its Subsidiaries of $1,000,000 or more or (B)&nbsp;aggregate payments with respect to the Business
by Seller or any of its Subsidiaries of $2,000,000 or more; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) any agreement (excluding purchase orders entered into in
the ordinary course of business consistent with past practice) providing for either (A)&nbsp;annual payments with respect to the Business to Seller or any of its Subsidiaries of $1,000,000 or more or (B)&nbsp;aggregate payments with respect to the
Business to Seller or any of its Subsidiaries of $2,000,000 or more; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) any agreement with a Key Customer or Key
Supplier; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) any joint venture, partnership or other similar agreement; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) any Intercompany Agreement; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) any agreement relating to the acquisition or disposition of any material business (whether by merger, sale of stock, sale
of assets or otherwise) entered into during the five-year period immediately preceding the date hereof or under which any Purchased Subsidiary or the Business has material remaining obligations following the date of this Agreement (excluding
obligations of confidentiality and access to books and records and similar covenants); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(viii) any Shared Contracts
material to the Business, taken as a whole; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ix) any agreement that limits, or purports to limit the freedom of the
Business to compete in any line of business or with any Person or in any geographic area or during any period of time, except with respect to any obligation or covenant not to use proprietary information of any third party arising under any
confidentiality, <FONT STYLE="white-space:nowrap">non-disclosure</FONT> or other agreement or contract; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(x) any agreement (A)&nbsp;granting &#147;most favored nation&#148; customer
pricing to any Person, (B)&nbsp;providing &#147;exclusivity&#148; in favor of any Person, (C)&nbsp;providing for the grant of rights of refusal, rights of first negotiation or similar rights and/or terms to any Person, or (D)&nbsp;which requires the
purchase of all or substantially all of a particular service, product or material from a supplier or containing a minimum purchase or supply commitment, in each case, that would apply to the activities of Buyer or its Subsidiaries (other than the
Purchased Subsidiaries) after the Closing with respect to the Business; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xi) any settlement agreement (other than with
respect to any Intellectual Property Rights) that would impose limitations on the operation of the Business after the Closing (other than confidentiality obligations with respect to the settlement); </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xii) any agreement that includes the grant of a license or right to use (A)&nbsp;by the Seller or any of its Subsidiaries to
any third party with respect to any material Business Intellectual Property Rights (other than <FONT STYLE="white-space:nowrap">non-exclusive</FONT> licenses and <FONT STYLE="white-space:nowrap">non-exclusive</FONT> sublicenses granted in the
ordinary course of business, under collaboration agreements consistent, in all material respects, with the forms of collaboration agreements provided to Buyer prior to the date hereof) or (B)&nbsp;by any third party to the Seller or any of its
Subsidiaries with respect to any third-party Intellectual Property Rights used by and material the Business (other than the Seller Marks) (but excluding click-wrap, shrink-wrap, or other <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">off-the-shelf</FONT></FONT> software licenses with <FONT STYLE="white-space:nowrap">one-time</FONT> or annual fees of less than $250,000); </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xiii) any concurrent use, <FONT STYLE="white-space:nowrap">co-existence,</FONT> settlement or similar agreement with respect
to any Intellectual Property Rights that imposes material limitations on the operation of the Business or imposes ongoing obligations on the Business after the Closing (other than confidentiality obligations with respect to the settlement); </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xiv) any Labor Agreements, and any assumption or assent or similar agreements agreeing to be bound by any Labor Agreements;
and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xv) any agreement in respect of or evidencing indebtedness for borrowed money of a Purchased Subsidiary or that is an
Assumed Liability; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xvi) any employment, severance, retention, change in control, bonus or other agreement with any
Business Employee that provides for the payment or provision of any cash or other compensation or benefits in connection with the consummation of the transactions contemplated by this Agreement, other than any Business Benefit Plan; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xvii) any agreement with (i)&nbsp;a third-party staffing or similar entity for the supply of leased or temporary employees to
any Purchased Subsidiary or the Business or (ii)&nbsp;a Business Contractor that provides for annual remuneration of (or expected to exceed for 2024) more than $300,000 per annum; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xviii) any agreement with a Business Employee that provides for annual compensation of (or expected to exceed for 2024) more
than $300,000 per annum, other than any Business Benefit Plan. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Each Contract required to be disclosed pursuant to this
<U>Section</U><U></U><U>&nbsp;3.08</U> (each, a &#147;<B>Material Contract</B>&#148;) is a valid and binding agreement of Seller or its applicable Subsidiary party thereto and is in full force and effect, and neither Seller nor such applicable
Subsidiary nor, to the knowledge of Seller as of the date hereof, any other party thereto is in default or breach under the terms of any such Material Contract, except for any such defaults or breaches which would not reasonably be expected,
individually or in the aggregate, to result in a material Liability to the Business, taken as a whole, or materially impair the operations of the Business, taken as a whole. A correct and complete copy of each Material Contract, as in effect as of
the date of this Agreement, has been made available to Buyer prior to the date hereof (and where no such copy exists, an accurate description thereof) and to the knowledge of the Seller, there has not been any notice given to the Seller or its
Subsidiaries of the intention of any Person to materially modify the terms of, or cancel, any Material Contract. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.09.
<I>Litigation</I>. There is no (and since January&nbsp;1, 2021 has not been any) Action pending against or in respect of the Business (including, without limitation, the Leased Real Property), in each case except for such Actions as would not
reasonably be expected to result in material Liability to the Business, taken as a whole, or materially impair the operations of the Business, taken as a whole, or prevent or materially delay the transactions contemplated by this Agreement or any
other Transaction Document to which Seller or any of its Subsidiaries is a party. To the knowledge of Seller, there is no Action threatened in writing concerning the matters described in the first sentence of this
<U>Section</U><U></U><U>&nbsp;3.09</U>. There is no (and since January&nbsp;1, 2021, has not been any) Order outstanding or against or applicable to Seller, the Purchased Subsidiaries or the Business that is reasonably be expected, individually or
in the aggregate, to be material to the Business, taken as a whole. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.10. <I>Compliance with Laws</I>. The Business is (and
since January&nbsp;1, 2021 has been) in compliance with all Applicable Laws, except where the failure to be in compliance with such Applicable Laws would not reasonably be expected to, individually or in the aggregate, be material to the Business,
taken as a whole. The Business has not, since January&nbsp;1, 2021, received any written notice of any material violation of or failure to comply with, or any Action against it alleging any material violation of or failure to comply with, any
Applicable Laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.11. <I>Properties; Liens</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Seller and its Subsidiaries do not own, nor have they ever owned, any real property that is primarily related to the Business, and the
Purchased Subsidiaries do not own, nor have they ever owned, any real property. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) <U>Section 3.11(b)</U> of the Disclosure Schedule
sets forth a complete and accurate (in all material respects) list, as of the date hereof, of all leases of real property and the parties thereto together with all amendments, modifications, guaranties and other supplements thereto (each, a
&#147;<B>Real Property Lease</B>&#148;) pursuant to which Seller or any of its Subsidiaries leases, subleases, licenses, sublicenses or otherwise occupies real property (such real property, together with all of Seller&#146;s or any of its
Subsidiaries respective right, title and interest in and to all land, buildings, structure, easements, appurtenances and improvements, the &#147;<B>Leased Real Property</B>&#148;) in the operation of the Business as of the date of this Agreement.
Seller and its Subsidiaries have good </P>
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and valid leasehold title in all Leased Real Property, free and clear of all Liens, other than Permitted Liens. Each Real Property Lease is valid and binding on the Seller or its applicable
Subsidiary party thereto, enforceable in accordance with its terms (subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting generally the enforcement of creditors&#146; rights and subject to general
principles of equity). Neither Seller nor its applicable Subsidiary, nor to the Seller&#146;s knowledge, any other party thereto, is in material breach of or material default under any of the Real Property Leases and no event has occurred that, with
the lapse of time or the giving of notice or both, would constitute a material breach or material default by Seller or its applicable Subsidiary party thereto, or to Seller&#146;s knowledge, any other party to such Real Property Lease. The Seller
has made available to Buyer true, correct and complete (in all material respects) copies of the Real Property Leases. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) The Leased Real
Property constitutes all real property that is used, or held for use, in connection with the operation of the Business as currently conducted. Neither the Seller nor any of its Subsidiaries has subleased, licensed or otherwise granted any Person,
and, to the knowledge of Seller, no Person otherwise has, the right to use or occupy such Leased Real Property or any portion thereof. The Seller or its Subsidiaries are in peaceful and undisturbed possession of the Leased Real Property in all
material respects, and to the knowledge of Seller, there are no contractual or legal restrictions that preclude or restrict the ability of the Seller or its Subsidiaries to use each such Leased Real Property for the purposes for which it is
currently being used. The Seller and its Subsidiaries are not obligated under or party to any option, right of first refusal or other contractual right to purchase, acquire, sublease, sell, assign or dispose of any real property or any portion
thereof or interest therein. As of the date of this Agreement, the Seller and its Subsidiaries have not received any written notice of a violation of any Real Property Lease and the Seller and its Subsidiaries have not received any written notice of
a material violation of any ordinance, regulation or building, zoning or other similar law with respect to any Leased Real Property. Except as would not reasonably be expected to result in material Liability to the Business, taken as a whole, or
materially impair the operations of the Business, taken as a whole, there is no condemnation, special assessment or similar proceeding pending or, to the knowledge of the Seller, threatened in writing with respect to any of the Leased Real Property.
To the knowledge of Seller, no casualty event has occurred with respect to any Leased Real Property that has not been remedied in all respects. Other than with respect to Permitted Liens, Seller has not collaterally assigned or granted any other
security interest in such Real Property Lease or any interest therein. As of the date of this Agreement, neither Seller nor its Subsidiaries are responsible for the payment of any broker, finder, or similar fee in respect of its lease, license,
sublease, sublicense, or occupancy of the Leased Real Property. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Except as would not reasonably be expected to result in material
Liability to the Business, taken as a whole, or materially impair the operations of the Business, taken as a whole, all buildings, structures, improvements, fixtures, building systems and equipment, and all components thereof included in the Leased
Real Property (the &#147;<B>Improvements</B>&#148;) are in good condition and repair (reasonable wear and tear excepted) and sufficient for the operation of the Business as currently conducted. To the Seller&#146;s knowledge, there are no material
structural deficiencies or latent defects affecting any of the Improvements and there are no facts or conditions affecting any of the Improvements which would, individually or in the aggregate, interfere in any material respect with the use or
occupancy of the Improvements or any portion thereof in the operation of the Business, taken as a whole. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) Except as would not reasonably be expected to result in material Liability to the
Business, taken as a whole, or materially impair the operations of the Business, taken as a whole, there are no pending property insurance claims with respect to any Leased Real Property or any portion thereof. Except as would not reasonably be
expected to result in material Liability to the Business, taken as a whole, or materially impair the operations of the Business, taken as a whole, neither Seller nor its Subsidiaries has received any written notice from any insurance company or any
board of fire underwriters (or any entity exercising similar functions) with respect to any Leased Real Property or any portion thereof: (i)&nbsp;requesting Seller or any Subsidiary or, to the knowledge of Seller, any landlord or other party perform
any repairs, alterations, improvements, or other work for such Leased Real Property which such party has not completed in full or (ii)&nbsp;notifying Seller or its Subsidiaries of any defects or inadequacies in such Leased Real Property which would
materially adversely affect the insurability of the Leased Real Property or the premiums for the insurance thereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) To Seller&#146;s
knowledge, except where the absence of any such Permit would not reasonably be expected to result in material Liability to the Business, taken as a whole, or materially impair the operations of the Business, taken as a whole, (i)&nbsp;all Permits
required for the occupation and use of the Leased Real Property by Seller and its Subsidiaries have been obtained from Governmental Authorities having jurisdiction over the Leased Real Property, (ii)&nbsp;all such Permits are in full force and
effect, and (iii)&nbsp;no threat of modification or cancellation of any such Permits is pending. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) Seller owns, and has good,
marketable and valid title to, and has good and valid leasehold interests in, as applicable, all of the Purchased Assets. No material Purchased Asset or material asset of a Purchased Subsidiary is subject to any Lien, except for: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Liens disclosed on the Balance Sheets or notes thereto or securing liabilities reflected on the Balance Sheets or notes
thereto; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) Liens for Taxes, assessments and similar charges that are not yet due and payable, or, if due, not
delinquent or that are being contested in good faith and for which adequate reserves have been established in accordance with GAAP; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) mechanic&#146;s, materialman&#146;s, carrier&#146;s, repairer&#146;s, worker&#146;s, warehouseman&#146;s and other
similar Liens arising or incurred in the ordinary course of business or that are not yet due and payable, or, if due, not delinquent or that are being contested in good faith and, in each case for which appropriate reserves have been established in
accordance with GAAP; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) Liens of landlords or Liens on the landlord&#146;s or prior landlord&#146;s interests, whether
statutory, contractual or otherwise which do not and would not materially interfere with the current use or occupancy of such Leased Real Property; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">38 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) zoning, building codes and other land use laws regulating the use or
occupancy of the Leased Real Property or the activities conducted thereon which are imposed by any Governmental Authority, in each case which are not violated in any material respect by the current use or occupancy of such real property or the
operation of the Business as currently conducted thereon; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) Liens constituting
<FONT STYLE="white-space:nowrap">non-exclusive</FONT> licenses, <FONT STYLE="white-space:nowrap">non-exclusive</FONT> sublicenses or covenants not to sue in respect of Intellectual Property Rights granted in the ordinary course of business; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) Liens incurred in the ordinary course of business since the Balance Sheet Date; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(viii) purchase money Liens and Liens securing rental payments under capital lease arrangements; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ix) easements, rights of way, restrictions, covenants or other similar matters that are not material in amount or do not
materially detract from the value or materially impair the existing use or operation of the Leased Real Property affected by such easement, right of way, restriction, covenant or other matter; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(x) title exceptions disclosed by any title insurance commitment or title insurance policy for any Leased Real Property issued
by a title company and delivered or otherwise made available to Buyer prior to the date hereof; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xi) Liens which will be
extinguished and released in full as of the Closing or which otherwise would not reasonably be expected, individually or in the aggregate, to result in a material Liability to the Business, taken as a whole, or materially impair the operations of
the Business, taken as a whole (clauses (i) &#150; (xi) of this <U>Section</U><U></U><U>&nbsp;3.11(g)</U> are, collectively, the &#147;<B>Permitted Liens</B>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.12. <I>Intellectual Property; Data Privacy</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) <U>Section</U><U></U><U>&nbsp;3.12(a)</U> of the Disclosure Schedule contains a list of all issued patents, patent applications, and
registrations and applications for registration of other Intellectual Property Rights, in each case that are included in the Business Intellectual Property Rights (the &#147;<B>Registered Business Intellectual Property Rights</B>&#148;), including,
as applicable, the respective registration and application numbers, the record owner (and if different, beneficial owner), the registration and application date, the jurisdiction in which such item is registered or applied for, and for Internet
domain-name registrations, the expiry date and registrar. Other than software provided under the Transition Services Agreement, if any, no software owned by Seller or any of the Retained Subsidiaries is used in and material to the Business. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Seller or one of its Subsidiaries is the exclusive owner of all material Business Intellectual Property Rights, free and clear of any
Liens (other than Permitted Liens). All Registered Business Intellectual Property Rights are subsisting, and to the knowledge of Seller, valid and enforceable. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">39 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Except as set forth on <U>Section</U><U></U><U>&nbsp;3.12(c)</U> of the Disclosure
Schedule, (i)&nbsp;no Actions are pending or since January&nbsp;1, 2021 have been brought or threatened in writing against Seller or any of its Subsidiaries that challenge the ownership, registration, scope, validity, or enforceability of any of the
material Business Intellectual Property Rights, or that allege that the conduct of the Business infringes, misappropriates, dilutes or otherwise violates or has infringed, misappropriated, diluted or otherwise violated the Intellectual Property
Rights of any third party, (ii)&nbsp;the conduct of the Business as it is conducted as of the date of this Agreement does not infringe, misappropriate, dilute or otherwise violate in any material respect, and since January&nbsp;1, 2021 has not
infringed, misappropriated diluted or otherwise violated in any material respect any Intellectual Property Rights of any third party, (iii)&nbsp;no Actions are pending or in since January&nbsp;1, 2021 have been brought or threatened in writing by
Seller or any of its Subsidiaries that allege that any third party has infringed, misappropriated, diluted or otherwise violated any Business Intellectual Property Rights in any material respect, and (iv)&nbsp;to the knowledge of Seller, no third
party is infringing, misappropriating, diluting or otherwise violating any Business Intellectual Property Right in any material respect. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Seller and its Subsidiaries have taken reasonable measures consistent with industry standards to enforce, protect and maintain the
material Business Intellectual Property Rights, including implementing and enforcing a reasonable quality control program designed to ensure their and their licensees&#146; use of Trademarks contained in the Business Intellectual Property Rights are
in accordance with the standards and specifications established and employed by Seller and its Subsidiaries in the operation of the Business. All current and former officers, directors, employees, consultants and contractors of Seller and its
Subsidiaries who have developed material Intellectual Property Rights that are purported to be owned by any Purchased Subsidiary after giving effect to <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers have assigned ownership of such
Intellectual Property Rights to Seller or its applicable Subsidiary, except where such ownership vests in Seller or its applicable Subsidiary by operation of applicable law, and no current or former officer, director, employee, consultant, or
independent contractor of Seller or any of its Subsidiaries owns any material Business Intellectual Property Rights. Seller and its Subsidiaries have taken commercially reasonable measures to protect the confidentiality of all material trade secrets
and other material confidential information included in the Business Intellectual Property Rights and all confidential information of third parties used in the Business which they are required to maintain confidential by contract or Applicable Law.
No such material trade secrets and other material confidential information has been disclosed by Seller or any of its Subsidiaries to any Person (i)&nbsp;other than to Persons who are subject to a contractual, legal or enforceable ethical obligation
to maintain the confidentiality thereof, or (ii)&nbsp;in violation of any contract to which Seller or any of its Subsidiaries are party. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) The Business Intellectual Property Rights constitute all of the Intellectual Property Rights owned by Seller and its Subsidiaries that are
used or held for use in the conduct of the Business (other than the Seller Marks). Except as set forth on <U>Section</U><U></U><U>&nbsp;3.12(e)</U> of the Disclosure Schedule, the Purchased Assets include all Contracts, if any, to which Seller or
one of its Retained Subsidiaries is party pursuant to which Seller or any of its Retained Subsidiaries is granted a license under or right to use third-party Intellectual Property Rights used in the Business (other than with
</P>
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respect to IT Systems to be provided under the Transition Services Agreement). The execution, delivery and performance by Seller of the Transaction Documents to which it is a party and the
consummation of the transactions contemplated hereby and thereby do not and will not result in the loss, termination or impairment of, or trigger any requirement to pay additional royalties or other consideration for the continued use by Buyer or
any Purchased Subsidiary of, any material Intellectual Property Rights used in the conduct of the Business (other than the Seller Marks and IT Systems to be provided under the Transition Services Agreement). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) The IT Systems are sufficient, and operate and perform in all material respects as needed, for the conduct the Business as currently
conducted, and are, to the knowledge of Seller, free from any Malicious Code. The IT Systems are in good working condition and have not malfunctioned or failed since January&nbsp;1, 2021 in any way that has materially impacted the operation of the
Business. Seller and its Subsidiaries have implemented and maintain commercially reasonable measures designed to protect the integrity and security of the IT Systems against unauthorized use, access, interruption, modification and corruption as well
as to protect the integrity, accuracy, authenticity, readability, accessibility, availability, or confidentiality of data (including Personal Data) Processed by or on behalf of Seller, and have implemented commercially reasonable data backup, data
storage, system redundancy and disaster avoidance and recovery systems and procedures consistent with customary industry practices and Applicable Law. Since January&nbsp;1, 2021, there has been no Security Incident or other unauthorized access to
the IT Systems, or, to the knowledge of the Seller, to information technology systems of third parties who store or Process Personal Data for or on behalf of the Business, that has resulted in any unauthorized access, use, disclosure, deletion,
modification, corruption or encryption of any material data, Personal Data or information of the Business contained therein or processed thereby. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) Since January&nbsp;1, 2021, Seller and its Subsidiaries that Process Personal Data on behalf of the Business and, have in all material
respects complied with and comply with (i)&nbsp;all Privacy Laws, (ii)&nbsp;written policies, notices, statements, and procedures of Seller and its Subsidiaries relating to privacy, security or the Processing of Personal Data, (iii)&nbsp;contractual
commitments of Seller and its Subsidiaries related to the Processing of Personal Data, and (iv)&nbsp;any consent received by Seller and its Subsidiaries from any Governmental Authority or the subjects of such Personal Data pertaining to the
Processing thereof (clauses (i)&nbsp;to (iv) collectively, the &#147;<B>Privacy Requirements</B>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) The Business (i)&nbsp;is not
under investigation by any Governmental Authority for any violation of any Privacy Requirements; and (ii)&nbsp;since January&nbsp;1, 2021, has not received any written notice, correspondence, communications, actions, claim lawsuit, investigation,
audit request or report from any person or Governmental Authority related to any Security Incident or alleging any violation of the Privacy Requirements and no proceedings are pending or, to the knowledge of Seller, threatened in writing against the
Seller or any of its Business related to any Security Incident or alleging a violation of the Privacy Requirements. To the knowledge of the Seller, there are no facts that could reasonably give rise to clauses (i)&nbsp;or (ii). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) The execution, delivery and performance of this Agreement and the transactions contemplated under this Agreement will not breach any
Privacy Requirement, and will not, to the knowledge of Seller, give rise to any right of termination or other restriction on the right of the Buyer to Process any personal Data as necessary to conduct the Business in the same manner as it is
currently conducted in all material respects. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) The Seller and its Subsidiaries maintain insurance coverage containing industry standard
policy terms and limits that are appropriate with respect to the risk of liability relating to any Security Incident, and, except as set forth on <U>Section</U><U></U><U>&nbsp;3.12(j)</U> of the Disclosure Schedule, no claims have been made under
such insurance policy(ies) with respect to Security Incidents that have had a material adverse impact on the Business, taken as a whole. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.13. <I>Permits</I>. Seller and its Subsidiaries possess all permits, approvals, orders, authorizations, consents, licenses,
certificates, franchises, exemptions of, or filings or registrations with, or issued by, any Governmental Authority that are necessary for the operation of the Business as it is conducted as of the date of this Agreement, except as would not
reasonably be expected to result in material Liability to the Business, taken as a whole, or materially impair the operations of the Business, taken as a whole (collectively, the &#147;<B>Permits</B>&#148;). Seller and its Subsidiaries are, and have
since January&nbsp;1, 2021 been, in compliance in all material respects with the terms and conditions of all such Permits. The Permits are valid and in full force and effect. As of the date of this Agreement, there are no Actions pending or, to the
knowledge of Seller, threatened in writing which would reasonably be expected to result in the revocation, termination, or adverse modification of any such Permit, except for any such revocation, termination, or adverse modification that would not
reasonably be expected to result in material Liability to the Business, taken as a whole, or materially impair the operations of the Business, taken as a whole. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.14. <I>Finders</I><I>&#146;</I><I> Fees</I>. Except for Goldman Sachs&nbsp;&amp; Co. LLC and UBS Securities LLC, whose fees and
expenses shall be paid by Seller, there is no investment banker, broker, finder or other intermediary which has been retained by or is authorized to act on behalf of Seller or any of its Affiliates who might be entitled to any fee or commission in
connection with the transactions contemplated by this Agreement or any other Transaction Document. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.15. <I>Employee Benefit
Plans and Labor Matters</I>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) <U>Section 3.15(a)(i)</U> of the Disclosure Schedule sets forth a true and complete list of each
material Business Benefit Plan and separately identifies each such Business Benefit Plan that is a Purchased Subsidiary Benefit Plan. No Seller Benefit Plan is maintained primarily for the benefit of Business Employees. For each material Business
Benefit Plan, Seller has made available to Buyer a complete and accurate copy of, as applicable, (i)&nbsp;the governing plan document, including any material amendment or supplement thereto (or in the case of individual agreements that are based on
a form agreement, a copy of such form) (and, in the case of any such unwritten Business Benefit Plan, a summary of the material terms and conditions thereof), and the current IRS determination, advisory or opinion letter, and (ii)&nbsp;if such
Business Benefit Plan is a Purchased Subsidiary Benefit Plan, (A)&nbsp;the most recently filed annual return/report (Form 5500), (B) the most recent summary plan description and summary of material modifications, and (C)&nbsp;all material, <FONT
STYLE="white-space:nowrap">non-routine</FONT> correspondence with any Governmental Authority during the last three (3)&nbsp;years. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) None of the Purchased Subsidiaries or any predecessor thereof sponsors, maintains or
contributes to, or has in the past six (6)&nbsp;years sponsored, maintained or contributed to, or has any actual or contingent Liability (including on account of any ERISA Affiliate) under (i)&nbsp;any employee benefit plan that is subject to Title
IV of ERISA or Section&nbsp;412 of the Code or Section&nbsp;302 of ERISA, (ii)&nbsp;any &#147;multiple employer plan&#148; (as defined in Section&nbsp;4064 of ERISA), (iii) any &#147;multiple employer welfare arrangement&#148; (as defined in
Section&nbsp;3(40) of ERISA), or (iv)&nbsp;any Multiemployer Plan. No assets or properties of any Purchased Subsidiary and no Purchased Assets are or have ever been subject to any Lien under Section&nbsp;412(n) or Section&nbsp;430(k) of the Code or
Section&nbsp;303(k) or 4068 of ERISA and no facts or circumstances exist or are reasonably expected to exist that could trigger any right to impose any such Lien. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) No Business Benefit Plan provides, or is obligated to provide, any post-retirement medical, dental, life insurance or other welfare
benefits to any Business Employee or Former Business Employee (or dependent thereof) (other than coverage mandated by Applicable Law). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) (i) Each Business Benefit Plan that is intended to be qualified under Section&nbsp;401(a) of the Code has received a currently effective
favorable determination letter or is entitled to rely upon an opinion or advisory letter from the IRS or has applied to the IRS for such a letter within the applicable remedial amendment period or such period has not expired and, to the
Seller&#146;s knowledge, there are no existing circumstances and no events that have occurred that would reasonably be expected to adversely affect the qualified status of any such Business Benefit Plan, and (ii)&nbsp;each Business Benefit Plan has
been maintained, funded and administered in compliance in all material respects with its terms and Applicable Law, including ERISA and the Code. No Purchased Subsidiary has any Liability with respect to any Tax under Chapter 43 of the Code. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) Except as would not reasonably be expected to result in material Liability to the Business, taken as a whole, or materially impair the
operations of the Business, taken as a whole, there is no action, suit, investigation, audit, proceeding or claim (other than routine claims for benefits) pending against or, to Seller&#146;s knowledge, is threatened against, any Business Benefit
Plan before any Governmental Authority. Each Purchased Subsidiary has complied in all material respects with its obligations under the Patient Protection and Affordable Care Act of 2010. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) Except as could not reasonably be expected to be, individually or in the aggregate, material to the Business taken as a whole, each
International Plan, if intended to qualify for special tax treatment, meets all the requirements for such treatment, and, if required, to any extent, to be funded, book-reserved or secured by an insurance policy, is fully funded, booked-reserved or
secured by an insurance policy, as applicable, based on reasonable actuarial assumptions in accordance with applicable accounting principles. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) Except as would not reasonably be expected to result in material Liability to the Business, taken as a whole, or materially impair the
operations of the Business, taken as a whole, all contributions required to be made to any Business Benefit Plan by Applicable Law or by any plan document or other Contract, and all premiums due or payable with respect to insurance policies funding
any Business Benefit Plan, for any prior period, have been made or paid in full or, to the extent not required to be previously made or paid, have been fully reflected on the books and records of Seller or the applicable Purchased Subsidiary (as
applicable) in accordance with GAAP. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) Neither Seller nor any of its Affiliates has any obligation to <FONT
STYLE="white-space:nowrap">gross-up,</FONT> make-whole or make any additional payment to any Business Employee, Former Business Employee or other current or former individual service provider of the Business in respect of Sections 4999 or 409A of
the Code. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) No amount paid or payable (whether in cash, in property, or in the form of benefits) in connection with the transactions
contemplated by this Agreement (either solely as a result thereof or as a result of such transactions in conjunction with any other event) will be an &#147;excess parachute payment&#148; within the meaning of Section&nbsp;280G of the Code. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) Neither the execution, delivery or performance of this Agreement nor the consummation of the transactions contemplated by this Agreement
will, either alone or in combination with another event, (i)&nbsp;entitle any Business Employee, Former Business Employee or, to the extent related to the Business, other current or former individual service provider to any severance, change in
control or similar material payments or benefits or provide for any material increase in such payments or benefits under any Business Benefit Plan or otherwise, (ii)&nbsp;accelerate the time of payment or vesting, or trigger any funding, of any
compensation or benefits, or materially increase the amount of compensation or benefits due to any Business Employee, Former Business Employee or, to the extent related to the Business, other current or former individual service provider under any
Business Benefit Plan or otherwise, (iii)&nbsp;cause a Purchased Subsidiary to set aside any assets to fund or otherwise secure the payment of any benefits under any Business Benefit Plan, (iv)&nbsp;in respect of any Business Benefit Plan, result in
any material breach or violation of or default under or limit the rights of Buyer or any of its Affiliates (including any Purchased Subsidiary) to amend, modify or terminate any Business Benefit Plan or (v)&nbsp;result in the forfeiture of any
compensation or benefits by any Business Employee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k) Since January&nbsp;1, 2021, the Purchased Subsidiaries have been, and Seller and
the Retained Subsidiaries have been with respect to the Business Employees, in compliance with all Applicable Laws relating to labor and employment, including those relating to terms and conditions of employment, hiring, background checks, worker
classification, collective bargaining, disability rights or benefits, accommodations, privacy, identity and employment eligibility verification, labor management relations, wages, hours, compensation, benefits, payment, working time, overtime, meal
and rest breaks, child labor, reductions in force, plant closings, mass layoffs, termination of employment, group terminations, discrimination, sexual harassment, harassment, retaliation, pay equity, equal opportunity, pay transparency, civil
rights, affirmative action, work authorization, immigration, safety and health (including occupational health and safety), record retention, notice, leaves of absence, workers&#146; compensation, unemployment compensation, and the collection and
payment of withholding or payroll Taxes and similar Taxes and continuation coverage under group health plans, except as would not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l) Except as would not reasonably be expected to result in material Liability to the Business, taken as a whole, or materially impair the
operations of the Business, taken as a whole, since January&nbsp;1, 2021, (i) all current and former independent contractors, consultants, or other individuals engaged in any other <FONT STYLE="white-space:nowrap">non-employee</FONT> role by the
Purchased Subsidiaries are and have been at all times properly classified and treated as such for purposes of all Applicable Laws, </P>
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including Applicable Laws with respect to employee benefits, and (ii)&nbsp;all current and former employees of the Purchased Subsidiaries and the Business are and have been at all times properly
classified under the Fair Labor Standards Act and other wage and hour Applicable Laws. Except as would not reasonably be expected to result in material Liability to the Business, taken as a whole, or materially impair the operations of the Business,
taken as a whole, the Purchased Subsidiaries have paid in full when due all remuneration, overtime pay, wages, wage premiums, payments, severance, termination payments, fees, salaries, commissions, bonuses, or other direct or indirect compensation
due and payable to employees, former employees, independent contractors or consultants, and are not delinquent in payments for any remuneration, overtime pay, wages, wage premiums, payments, severance, termination payments, fees, salaries,
commissions, bonuses, or other direct or indirect compensation to any current or former employees, consultants or independent contractors for any services or amounts required to be reimbursed or otherwise paid. The Purchased Subsidiaries have not
incurred, and no circumstances exist under which the Purchased Subsidiaries would reasonably be expected to incur, any material Liability arising from the failure to pay wages (including overtime wages). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m) Except as would not reasonably be expected to result in material Liability to the Business, taken as a whole, or materially impair the
operations of the Business, taken as a whole, since January&nbsp;1, 2021, no allegations of sexual harassment, sexual assault, or other sexual misconduct have been made or threatened by or against any Business Employee or Former Business Employee,
and the Purchased Subsidiaries (and Seller and the Retained Subsidiaries with respect to the Business) have not entered into any settlement agreements related to any allegations or claims of sexual harassment, sexual assault, or other sexual
misconduct by or against any such Business Employee or Former Business Employee. No allegation of sexual or other discriminatory harassment would reasonably be expected to result in any material loss or Liability to the Purchased Subsidiaries or the
Business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(n) The Purchased Subsidiaries (and Seller and the Retained Subsidiaries with respect to the Business) are not a party to or
subject to, and are not currently negotiating or under an obligation to negotiate, any collective bargaining agreement, contract, or other agreement or understanding (including all addenda, side letters, memoranda of understanding, and ancillary
agreements thereto) (each such agreement or arrangement a &#147;<B>Labor Agreement</B>&#148;) with a trade or labor union, works council, employee association, labor organization, or other bargaining unit representative (each a
&#147;<B>Union</B>&#148;). Seller is not required to notify, consult with, negotiate with, or bargain with any Union relating to the transactions contemplated by this Agreement. As of the date hereof (i)&nbsp;no Business Employee is represented by a
Union in connection with the Business, and no Union has made a written demand for recognition or filed a petition to be certified as the bargaining unit representative of any Business Employee; (ii)&nbsp;to the knowledge of Seller, there
(y)&nbsp;has not been any organizational campaign, petition, efforts or other unionization activity seeking recognition of a collective bargaining unit or the formation of a Union relating to any Business Employee, and (z)&nbsp;are no demands for
recognition and no representation proceedings or petitions seeking a representation proceeding presently threatened involving any Business Employee or groups of Business Employees to be brought or filed with the National Labor Relations Board or
other labor tribunal; and (iii)&nbsp;there is no, and within the last three years there has been no, material labor strike, slowdown, picketing, hand-billing, lockout, stoppage, or other material labor dispute
</P>
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or disruption pending or, to Seller&#146;s knowledge, threatened, that relates to any Business Employees or affects the Business. Except as would not reasonably be expected, individually or in
the aggregate, to have a Material Adverse Effect, there are no unfair labor practice charges or complaints or other labor Actions and no material labor disputes or grievances pending or, to the knowledge of Seller, threatened against any Purchased
Subsidiary or otherwise against the Business by or relating to any Business Employee by or before any Governmental Authority. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(o) Except
as set forth in <U>Section</U><U></U><U>&nbsp;3.15(o)</U> of the Disclosure Schedule, as of the date hereof, there are no, and in the past three years there have been no, material Actions pending or threatened against any Purchased Subsidiary (or
Seller or any Retained Subsidiaries with respect to the Business) relating to labor or employment matters, any Business Employee, any service provider who performs or performed services for the Business, or applicant to become an employee or other
service provider of the Business, including with respect to compliance with all Applicable Laws governing labor or employment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(p) Since
January&nbsp;1, 2021, there have been no &#147;mass layoffs&#148; or any &#147;plant closings&#148;, as those terms are defined by the Worker Adjustment and Retraining Notification Act of 1988 or by any equivalent foreign or state Applicable Law
(&#147;<B>WARN</B>&#148;) or other employment action sufficient in number to trigger application of WARN for any jurisdiction in which any Purchased Subsidiary or, in respect of the Business, any Asset Seller. In the past ninety (90)&nbsp;days, the
Business has not implemented or effectuated any &#147;employment loss&#148; (as that term is defined under WARN), nor has any Purchased Subsidiary or, in respect of the Business, any Asset Seller announced any &#147;mass layoff&#148; or &#147;plant
closing&#148;. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(q) As of the date hereof, the Business Employees who work in the United States are authorized and have appropriate
documentation to work in the United States. Seller or the Purchased Subsidiaries are in possession of a Form <FONT STYLE="white-space:nowrap">I-9</FONT> for each Business Employee, which has been completed and retained in all material respects in
accordance with the requirements of Applicable Laws. The Purchased Subsidiaries, since January&nbsp;1, 2021, have not been subject to nor notified in writing of any pending or threatened investigation by any branch or department of U.S. Immigration
and Customs Enforcement, or other Governmental Authority charged with administration and enforcement of immigration Applicable Laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(r)
On or prior to the date hereof, Seller has provided to Buyer within the time frame specified below, a true, accurate and complete list of the name or employee identification number of each Business Employee and each Business Contractor and other
individual service provider engaged by the Business on a <FONT STYLE="white-space:nowrap">non-employee</FONT> basis as of the date hereof, whether directly or indirectly, including, as applicable, such individual&#146;s (i)&nbsp;job title, function,
or scope of services and their classification as an employee, independent contractor or other <FONT STYLE="white-space:nowrap">non-employee</FONT> classification, (ii)&nbsp;hire or retention date, (iii)&nbsp;work location (city, state (where
applicable), and country), (iv) annual salary or base hourly rate and any commission, target incentive based-compensation, and most recent annual bonus received, (v)&nbsp;full-time or part-time status, (vi)&nbsp;if Employed, exempt or <FONT
STYLE="white-space:nowrap">non-exempt</FONT> status under wage and hour Applicable Laws, (vii)&nbsp;employing entity or entity which engages such individual, and (viii)&nbsp;employment status as active or on leave (including type of leave and
anticipated date of return) (the &#147;<B>Business Personnel List</B>&#148;). Each Purchased Subsidiary Business Employee devotes a majority of his or her working time to </P>
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performing services on behalf of the Business or a Purchased Subsidiary. Upon reasonable request of Buyer (but in no event more than three times for each calendar month), Seller shall provide
periodic updates to the Business Personnel List to reflect changes from the effective date of the prior Business Personnel List and the date of such update. All Business Contractors and other <FONT STYLE="white-space:nowrap">non-employee</FONT>
contingent workers who are engaged with respect to the Business are engaged by a Purchased Subsidiary. All Business Contractors provide services primarily related to the Business. At least three Business Days prior to the Closing Date, Seller shall
provide Buyer a revised version of the Business Personnel List that reflects information that is current as of 10 or fewer Business Days prior to the Closing Date. Notwithstanding the foregoing, Seller may anonymize or aggregate the foregoing data
to the extent necessary to comply with Privacy Requirements. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(s) None of the Purchased Subsidiaries is or has at any time been an
&#147;employer&#148; or is, or has in the last six years been, an &#147;associate of&#148; or &#147;connected with&#148; an &#147;employer&#148; (as those terms in quotation marks are used in the Pensions Act 2004) of a UK defined benefit pension
plan. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(t) No current or former employee of any of the Purchased Subsidiaries has previously transferred to any of the Purchased
Subsidiaries pursuant to the Transfer Regulations, who at any time prior to such transfer was a member of a UK defined benefit pension plan, in circumstances where the Purchased Subsidiaries (or could reasonably be expected to have) inherited any
obligation (whether contingent or otherwise) to fund, or otherwise meet the cost of, any enhanced early retirement or redundancy pension benefits, which are derived from such former employer&#146;s pension plan. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.16. <I>Taxes</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Each of the Purchased Subsidiaries has duly and timely (within any applicable extension periods) filed all income and other material Tax
Returns required by Applicable Law to be filed by it. All such Tax Returns are true and complete in all material respects, and each of the Purchased Subsidiaries has paid all material Taxes due and owing by it (whether or not shown as due on any Tax
Return). All material Tax Returns required by Applicable Law to be filed by Seller or its applicable Affiliate with respect to the Purchased Assets have been duly and timely (within any applicable extension periods) filed, are true and complete in
all material respects, and all material Taxes of Seller or its applicable Affiliate due and owing with respect to the Purchased Assets (whether or not shown as due on any Tax Return) have been paid. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) The unpaid Taxes of the Purchased Subsidiaries (excluding any Taxes of any Seller Group for which the Purchased Subsidiaries are not
primarily liable) did not, as of the Balance Sheet Date, materially exceed the reserve for Tax liability (excluding any reserve for deferred Taxes established to reflect timing differences between book and Tax income) set forth on the face of the
Financial Statements (rather than in any notes thereto). Since the Balance Sheet Date, no Purchased Subsidiary has incurred any material liability for Taxes outside the ordinary course of business or otherwise inconsistent with past custom and
practice. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Other than with respect to a Seller Group (other than a Seller Group the Taxes of which
the Purchased Subsidiaries do not have primary liability for), (i) no Purchased Subsidiary has waived any statute of limitations in respect of material Taxes or obtained any extension of time with respect to an assessment or deficiency for such
Taxes that is still in effect, nor has any request been made in writing for any such extension or waiver, (ii)&nbsp;no closing agreements, private letter rulings, technical advice memoranda or similar agreements or rulings relating to material Taxes
have been entered into or issued by any Governmental Authority with or in respect of any Purchased Subsidiary or Purchased Assets and (iii)&nbsp;no power of attorney with respect to any material Taxes of any Purchased Subsidiary has been executed or
filed with any Taxing Authority that will be in effect following the Closing. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Other than with respect to a Seller Group (other than a
Seller Group the Taxes of which the Purchased Subsidiaries do not have primary liability for), there is (i)&nbsp;no pending audit, assessment, proposed deficiency, or other action for material Taxes asserted by any Taxing Authority against any of
the Purchased Subsidiaries or with respect to the Purchased Assets and (ii)&nbsp;no written notification has been received by any Purchased Subsidiary, Seller, or any of their Affiliates in respect of a material Tax from any Taxing Authority that an
audit, assessment or other action is pending with respect to any Purchased Subsidiary or Purchased Assets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) No Purchased Subsidiary
has been a member of an affiliated group filing consolidated Income Tax Returns for U.S. federal, state or local or <FONT STYLE="white-space:nowrap">non-U.S.</FONT> Tax purposes (other than a Seller Group). No Purchased Subsidiary has incurred any
liability for any Taxes of any Person (other than a member of a Seller Group) under U.S. Treasury Regulation <FONT STYLE="white-space:nowrap">Section&nbsp;1.1502-6</FONT> (or any similar provision of state, local or
<FONT STYLE="white-space:nowrap">non-U.S.</FONT> Tax Law) or as a transferee or successor, or by contract (other than a customary commercial contract, the primary purpose of which does not relate to Tax). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) No Purchased Subsidiary is a party to, is otherwise bound by or has any obligation under, any Tax Sharing Agreement (other than a Tax
Sharing Agreement exclusively between or among Seller and any of its Subsidiaries, which, if any, will be terminated as of Closing with respect to the Purchased Subsidiaries). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) No Purchased Subsidiary has participated or engaged in any transaction that constitutes a &#147;listed transaction&#148; with the meaning
of U.S. Treasury Regulations <FONT STYLE="white-space:nowrap">Section&nbsp;1.6011-4(b)(2).</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) <U>Section 3.16(h)</U> of the
Disclosure Schedule lists the U.S. federal income tax classification of each Purchased Subsidiary. No Purchased Subsidiary has made any entity classification election pursuant to Treasury Regulations
<FONT STYLE="white-space:nowrap">Section&nbsp;301.7701-3.</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) There is no Lien (other than any Permitted Lien) for material Taxes
on any asset of any of the Purchased Subsidiaries or any Purchased Asset. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) Each Purchased Subsidiary has deducted, withheld and paid
to the appropriate Taxing Authority all material amounts of Taxes required to be deducted, withheld or paid in connection with <FONT STYLE="white-space:nowrap">non-cash</FONT> benefits provided to, or amounts paid or owing to, any employee, former
employee, independent contractor, customer, creditor, stockholder or other third party, and has complied in all material respects with all withholding and information reporting requirements. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k) No written claim has been made by a Taxing Authority in a jurisdiction in which any
Purchased Subsidiary does not file Tax Returns that such Purchased Subsidiary is or may be subject to taxation by, or required to file Tax Returns in, such jurisdiction. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l) No Purchased Subsidiary (or any predecessors by merger or consolidation) has been a party to any transaction that was intended to qualify
or qualified under Section&nbsp;355 of the Code occurring in the two year period ending on the date of this Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m) No Purchased
Subsidiary will be required to include any material item of income in, or exclude any material item of deduction from, taxable income for any taxable period (or portion thereof) ending after the Closing Date as a result of (i)&nbsp;any change in
method of accounting made on or prior to the Closing Date (including an adjustment under Section&nbsp;481 of the Code), (ii) any installment sale or open transaction disposition occurring on or prior to the Closing Date, (iii)&nbsp;any intercompany
transaction occurring on or prior to the Closing Date, or (iv)&nbsp;any prepaid amounts or deferred revenue received or accrued on or prior to the Closing Date, (v)&nbsp;any &#147;closing agreement&#148; as described in Section&nbsp;7121 of the Code
(or any similar provision of state, local or <FONT STYLE="white-space:nowrap">non-U.S.</FONT> Tax law) entered into on or prior to the Closing, (vi)&nbsp;any use of an improper method of accounting for a taxable period ending on or prior to the
Closing Date, or (vii)&nbsp;any deferred intercompany gain or excess loss account described in the Treasury Regulations under Section&nbsp;1502 of the Code (or any similar provision of state, local or <FONT STYLE="white-space:nowrap">non-U.S.</FONT>
Tax law) existing on or prior to the Closing Date. No Purchased Subsidiary has made any election under Section&nbsp;965(h) of the Code. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(n) None of the Purchased Assets being sold by any Affiliate of Seller that is not a &#147;United States person&#148; within the meaning of
Section&nbsp;7701(a)(30) of the Code constitute a &#147;United States real property interest&#148; within the meaning of Section&nbsp;897 of the Code. No Purchased Subsidiary is, or has been within the applicable period specified in
Section&nbsp;897(c)(1)(A)(ii) of the Code, a &#147;United States real property holding corporation&#148; within the meaning of Section&nbsp;897 of the Code. No Purchased Subsidiary that is an entity disregarded as separate from its owner for U.S.
federal income tax purposes owns any assets which constitute &#147;United States real property interests&#148; within the meaning of Section&nbsp;897 of the Code. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(o) No Purchased Subsidiary that is a U.S. corporation is, or has been, a shareholder of a &#147;controlled foreign corporation&#148; within
the meaning of Section&nbsp;957 of the Code. No Purchased Subsidiary organized or incorporated outside of the United States owns United States property within the meaning of Section&nbsp;956 of the Code. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(p) None of the Purchased Subsidiaries, (i)&nbsp;is or was a &#147;surrogate foreign corporation&#148; within the meaning of
Section&nbsp;7874(a)(2)(B) of the Code or is treated as a U.S. corporation under Section&nbsp;7874(b) of the Code; or (ii)&nbsp;was created or organized in the United States such that such entity would be taxable in the United States as a domestic
entity pursuant to United States Treasury Regulations <FONT STYLE="white-space:nowrap">Section&nbsp;301.7701-5(a).</FONT> None of the Purchased Subsidiaries has engaged in a trade or business, had a permanent establishment (within the meaning of an
applicable Tax treaty), or otherwise become subject to Tax jurisdiction in a country other than the country of its formation. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(q) All material documentation required by relevant transfer pricing laws to have been
prepared, obtained and/or retained by a Purchased Subsidiary under Applicable Law has been so timely prepared, obtained and/or retained. In addition, for all periods prior to the Closing Date, all material transactions involving any Purchased
Subsidiary which were within the scope of relevant transfer pricing laws have occurred in material compliance with such laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(r) Each
Purchased Subsidiary is in material compliance with all terms and conditions of any Tax exemption, Tax holiday, Tax incentive or other Tax reduction agreement or order of a territorial or <FONT STYLE="white-space:nowrap">non-U.S.</FONT> government.
The consummation of the transactions contemplated by this Agreement (including any <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfer) will not have any adverse effect on the continued validity and effectiveness of any such Tax exemption,
Tax holiday, Tax incentive or other Tax reduction agreement or order. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(s) No Purchased Subsidiary has acquired any material asset from
any other Person in circumstances where the relevant relief from Tax claimed at the time of such acquisition will be subject to a claw back as a result of Seller entering into and implementing this Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(t) No Purchased Subsidiary has incurred any material VAT which it was not entitled to recover in full in the Tax Returns relating to VAT.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(u) No Purchased Subsidiary has been a member of a VAT or other sales Tax group with any other entity since incorporation. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) Other than with respect to Tax Returns relating to a Seller Group, Seller has delivered or made available to Buyer complete and accurate
copies of all Income Tax Returns that have been filed by or on behalf of each Purchased Subsidiary for all taxable years remaining open under the applicable statute of limitations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(w) As of the date hereof, no Purchased Subsidiary has engaged in any &#147;extraordinary disposition&#148; or &#147;extraordinary
reduction&#148; as such terms are defined in Treasury Regulations <FONT STYLE="white-space:nowrap">Section&nbsp;1.245A-5,</FONT> nor is a successor to any &#147;extraordinary disposition account&#148; pursuant to Treasury Regulations <FONT
STYLE="white-space:nowrap">Section&nbsp;1.245A-5.</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(x) None of the outstanding instruments of any Purchased Subsidiary that such
Purchased Subsidiary has ever treated as indebtedness for U.S. federal income tax purposes (by deducting the interest or otherwise) could reasonably be classified as equity for U.S. federal income tax purposes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(y) Any assets received by any Purchased Subsidiary pursuant to any <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfer will be
received at fair market value for applicable Tax purposes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(z) All Swiss statutory financial statements with respect to VF CH Apollo (the
&#147;Swiss Statements&#148;) through the fiscal year ending March&nbsp;31, 2023, have been filed with the applicable Swiss Federal Taxing Authorities (&#147;SFTA&#148;) and/or the Ticino cantonal and communal Taxing Authorities (&#147;TTA&#148;) in
accordance with Applicable Law. Such Swiss Statements are true, correct and complete in all material respects and consistent with the tax books of VF CH Apollo taking into account appropriate exchange rate adjustments. As of January&nbsp;12, 2023,
the capital contribution reserves of VF CH Apollo were not less than CHF 166,600,000.00<B>.</B> </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.17. <I>Environmental Compliance</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Except as would not reasonably be expected, individually or in the aggregate, to result in material Liability to the Business, taken as a
whole, or materially impair the operations of the Business, taken as a whole: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) With respect to the Business, the
Purchased Assets, the Purchased Subsidiaries and the Leased Real Property, Seller and its Subsidiaries are, and, since January&nbsp;1, 2021, have been, in compliance with all applicable Environmental Laws, which compliance includes obtaining,
maintaining, and complying with all Environmental Permits required for the ownership and operation of the Business, Purchased Assets and Purchased Subsidiaries; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) (x) since January&nbsp;1, 2021, no written notice, Order, request for information, complaint or penalty has been received
by or assessed against Seller or any of its Subsidiaries, and (y)&nbsp;there is no Action pending or, to the knowledge of Seller, threatened in writing, in the case of each of (x)&nbsp;and (y) which (A)&nbsp;alleges a violation of or Liability
arising under any Environmental Law, (B)&nbsp;relates to the Business, the Purchased Assets, the Purchased Subsidiaries or the Leased Real Property and (C)&nbsp;has not been fully settled, dismissed, paid or otherwise resolved; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) no Hazardous Substance has been Released at, on, under, to, in or from any property or facility now or, to the knowledge
of Seller, previously owned, leased, operated by the Business or the Purchased Subsidiaries, including the Leased Real Property; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) neither Seller nor any of its Subsidiaries (solely with respect to the Business), nor any of the Purchased Subsidiaries,
has assumed by contract or operation of Applicable Law any Liability of any other Person arising under Environmental Law or relating to Hazardous Substances; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) Seller has provided to Buyer copies of all environmental site assessment reports (including Phase I and Phase II reports)
and other material environmental audits, surveys and reports related to the Leased Real Property or any real property currently or formerly owned, leased, or operated by the Business or the Purchased Subsidiaries, in each case to the extent such
reports, audits and surveys are in Seller&#146;s possession. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.18. <I>Product Liability; Product Warranty</I><I>.</I> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Since January&nbsp;1, 2021, each of the products produced or sold by the Purchased Subsidiaries or the Business (each, a
&#147;<B>Product</B>&#148;) is (i)&nbsp;in compliance in all material respects with all Applicable Laws and all express contractual warranties set forth in the applicable terms and conditions related to such products and (ii)&nbsp;fit for the
ordinary purposes for which it is intended to be used and conforms to any promises or affirmations of fact made on the container or label for such product or in connection with its sale, except as would not reasonably be expected, individually or in
the aggregate, to result in a material Liability to the Business, taken as a whole, or materially impair the operations of the Business, taken as a whole. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Since January&nbsp;1, 2021, neither the Purchased Subsidiaries nor the Business has
(i)&nbsp;committed any act or failed to commit any act, which has resulted or would reasonably be expected to result in any material product Liability or material Liability for breach of warranty on the part of the Business with respect to the
Products. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Since the Balance Sheet Date, except in the ordinary course of business, (i)&nbsp;none of the Purchased Subsidiaries or the
Business has issued or granted a return authorization to a customer to return merchandise by reason of alleged overshipments, defective merchandise or otherwise and (ii)&nbsp;none of the Purchased Subsidiaries or the Business has granted any
credits. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Since January&nbsp;1, 2021, there has not been any recall conducted with respect to any Products or, to the knowledge of
Seller, any investigation or decision made by any Governmental Authority to undertake any such recall. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) Neither Seller nor any of its
Subsidiaries have any Liability for replacement or repair or for other damages relating to or arising from the Products, in each case, since the January&nbsp;1, 2021, by Seller or its Subsidiaries relating to the Business or the Purchased Assets,
except for amounts incurred in the ordinary course of business which are reflected in the Financial Statements or are not required by GAAP to be disclosed in the Financial Statements or, in each case, as would not reasonably be expected to result in
material Liability to the Business or materially impair the operations of the Business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.19. <I>Customers;
Suppliers</I><I>.</I> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) <U>Section</U><U></U><U>&nbsp;3.19</U> of the Disclosure Schedule sets forth a true and complete (i)&nbsp;list
of all customers (the &#147;<B>Key Customers</B>&#148;) from which the Business generated $10,000,000 or more in sales during the twelve (12)-month period ended March&nbsp;30, 2024, and (ii)&nbsp;list of the top twenty-five (25)&nbsp;suppliers (the
&#147;<B>Key Suppliers</B>&#148;) of the Business on a consolidated basis by dollar value of purchases from such suppliers for the twelve (12)-month period ended March&nbsp;30, 2024. As of the date hereof, the Business has not received any written,
or to the knowledge of Seller, oral, indication, communication or notice from any of the customers listed on <U>Section</U><U></U><U>&nbsp;3.19</U> of the Disclosure Schedule to the effect that any such customer will, or has threatened to, stop,
materially decrease the rate of, or materially change the terms, conditions or provisions (including with respect to payment or pricing) with respect to, buying products from the Business. As of the date hereof, the Business has not received any
written, or to the knowledge of Seller, oral, indication, communication or notice from any of the suppliers listed on <U>Section</U><U></U><U>&nbsp;3.19</U> of the Disclosure Schedule to the effect that any such supplier will, or has threatened to,
stop, materially decrease the rate of, or materially change the terms, conditions or provisions (including with respect to payment or pricing) with respect to, supplying products or services to the Business or any Purchased Subsidiary. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Except as would not reasonably be expected to result in material Liability to the
Business, taken as a whole, or materially impair the operations of the Business, taken as a whole, since January&nbsp;1, 2021, the Business has been subject to and complied with Seller&#146;s policies and standards regarding human rights and modern
slavery, including Seller&#146;s Responsible Recruitment and Anti-Forced Labor Commitment policy (&#147;<B>Anti-Forced Labor Policy</B>&#148;), and the other procedures, procedures, and international standards contemplated and referenced therein.
Except as would not reasonably be expected to result in material Liability to the Business, taken as a whole, or materially impair the operations of the Business, taken as a whole, since January&nbsp;1, 2021, the Business has complied with
(i)&nbsp;Seller&#146;s supplier engagement procedures when selecting new business partners, including (A)&nbsp;reviewing each supplier&#146;s ethical standards and business practices to validate the supplier&#146;s practices are aligned with
Seller&#146;s supplier requirements; and (B)&nbsp;imposing contractual terms that require contractors, suppliers and agents, to comply with legal requirements applicable to their operations and employment, and (ii)&nbsp;to Seller&#146;s knowledge,
supplier&#146;s requirements and/or directives regarding <FONT STYLE="white-space:nowrap">(x)&nbsp;sub-supplier</FONT> oversight and controls; and (y)&nbsp;monitoring and auditing supplier compliance with Seller and Business forced labor policies
and compliance requirements. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) The Business is not aware of forced labor, including bonded labor, indentured servitude, involuntary
labor, commercial sexual exploitation, forced child labor, state-imposed forced labor, or human trafficking, in its direct or indirect supply chain; and has implemented appropriate and commercially reasonable controls to mitigate risks of forced
labor in the Business&#146; supply chain consistent with the Seller&#146;s policies, the United Nations Guiding Principles on Business and Human Rights, the Ten Principles of the United Nations Global Compact, the ILO Declaration on Fundamental
Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises and other applicable OECD guidance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) In the past
five (5)&nbsp;years, the Business has not had goods seized or detained by U.S. Customs and Border Patrol under the Uyghur Forced Labor Prevention Act (Public Law <FONT STYLE="white-space:nowrap">No.&nbsp;117-78)</FONT> (&#147;<B>UFLPA</B>&#148;) or
pursuant to Section&nbsp;307 of the Tariff Act of 1930 due to the use of forced labor, and the Business has not been the subject of any fines, penalties, enforcement actions, litigation, or other liability in relation to the UFLPA or the use of
forced labor or alleged forced labor in its supply chain. Except as would not reasonably be expected to result in material Liability to the Business, taken as a whole, or materially impair the operations of the Business, taken as a whole, the
Business does not involve the sale or import into the United States of any goods, wares, articles, or merchandise mined, produced, or manufactured (wholly or in part)&nbsp;(i) in the Xinjiang Uyghur Autonomous Region of the People&#146;s Republic of
China (&#147;<B>XUAR</B>&#148;) or (ii)&nbsp;by an entity on the Department of Homeland Security&#146;s UFLPA Entity List. The Business does not have direct suppliers or, to the knowledge of the Seller, indirect or
<FONT STYLE="white-space:nowrap">sub-tier</FONT> suppliers, that are located in the XUAR or are identified on the UFLPA Entity List, except as would not reasonably be expected to result in material Liability to the Business, taken as a whole, or
materially impair the operations of the Business, taken as a whole. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.20. <I>Insurance</I><I>.</I> <U>Section</U><U></U><U>&nbsp;3.20</U> of the
Disclosure Schedule sets forth a true and complete list of each material insurance policy maintained by Seller and its Subsidiaries in respect of the Purchased Assets, the Purchased Subsidiaries and the Business (each such insurance, a
&#147;<B>Business Insurance Policy</B>&#148;). Each Business Insurance Policy is in full force and effect. There are no material claims pending in connection with any Business Insurance Policy as to which coverage has been questioned, denied or
disputed by the underwriters of such Business Insurance Policies or in respect of which such underwriters have reserved their rights or refused to cover all or any portion of such claims. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.21. <I>Trade Control Matters</I><I>.</I> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Since April&nbsp;24, 2019, the Seller, its Subsidiaries and the Business are and have been, in compliance with all applicable Trade
Control Laws and Sanctions and have maintained in place and implemented controls and systems to comply with applicable Trade Control Laws and Sanctions. Seller, its Subsidiaries and the Business and the Purchased Subsidiaries have obtained all
necessary approvals or licenses from, and made all filings with, any Governmental Authority required to fulfill any material commitments or obligations of Seller, its Subsidiaries and the Business that are currently pending. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) None of the Seller, its Subsidiaries or the Business, or any of their respective directors, officers, nor, to the knowledge of Seller, any
of their Representatives, shareholders or affiliates or any other Person acting on behalf of the Business or the Purchased Subsidiaries, is (i)&nbsp;a Sanctioned Person; (ii)&nbsp;subject to debarment or any list-based designation under any Trade
Control Law; or (iii)&nbsp;engaged in transactions, dealings, or activities that might reasonably be expected to cause such Person to become a Sanctioned Person. Since April&nbsp;24, 2019, neither the Business nor its Subsidiaries have participated
in or otherwise engaged in any transaction or dealing, directly or indirectly, with or involving a Sanctioned Country or Sanctioned Person, in violation of Sanctions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) None of the Seller, its Subsidiaries or the Business have, since April&nbsp;24, 2019, received any written notice from any Governmental
Authority or other legal proceeding with respect to any actual or alleged violations of Trade Control Laws or Sanctions, and have not been notified of any such pending or threatened actions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.22. <I>Affiliate Transactions</I>. Other than those agreements related to ordinary course employment, compensation or incentive
arrangements pursuant to an employee benefit plan, no officer or director of Seller or, to the knowledge of Seller, any of its or their respective Affiliates (including any Purchased Subsidiary) is a party to any material agreement, commitment,
Action or transaction with any of the Purchased Subsidiaries or the Business or has any material interest in the Business or any Purchased Asset. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.23. <I>Anti-Corruption Matters</I><I>.</I> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) In the past five (5)&nbsp;years, neither Seller nor its Subsidiaries (in each case, with respect to the Business or the Purchased
Subsidiaries) or the Business, nor, to the knowledge of Seller, any of their Representatives, shareholders or affiliates or any other Person acting on behalf of the Business or the Purchased Subsidiaries has (i)&nbsp;violated any applicable
anti-corruption law, including the U.S. Foreign Corrupt Practices Act, the U.K. Bribery Act, or any other applicable anti-corruption law (&#147;<B>Anti-Corruption Laws</B>&#148;), (ii) violated any applicable anti-money laundering law, rule or
regulation relating directly or indirectly to bribery and/or corruption, or </P>
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(iii)&nbsp;offered, paid, promised to pay, authorized, solicited, or received the payment of money or anything of value, directly or indirectly, to or from any Person, including any Government
Official, in violation of any Applicable Law: (a)&nbsp;to influence any official act or decision of a Government Official; (b)&nbsp;to induce a Government Official to do or omit to do any act in violation of a lawful duty; (c)&nbsp;to induce a
Government Official to influence the act or decision of a Governmental Authority; (d)&nbsp;to secure any improper business advantage; (e)&nbsp;to obtain or retain business in any way related to the Business; or (f)&nbsp;that would otherwise
constitute a bribe, kickback, or other improper or illegal payment or benefit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) In the past five (5)&nbsp;years, neither Seller nor
its Subsidiaries (in each case, with respect to the Business or the Purchased Subsidiaries) or the Business has been the subject of any actual, suspected, or threatened allegations, investigations (internal or government), litigation, voluntary or
directed disclosures to any Governmental Authority (including but not limited to the U.S. Department of Justice, U.S. Securities Exchange Commission, or U.K. Securities Fraud Office) or whistleblower reports, in each case related to the
Anti-Corruption Laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) In the past five (5)&nbsp;years, Seller and its Subsidiaries (in each case, with respect to the Business or the
Purchased Subsidiaries) and the Business have maintained effective internal controls and accounting procedures designed to prevent and detect violations of Anti-Corruption Laws in respect of the Business or the Purchased Subsidiaries. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) No part of the consideration received by or in connection with this Agreement will be used, whether directly or through any third party,
to make or promise any payment or provide anything of value in violation of any Anti-Corruption Laws, or reimburse anyone for any payment in violation of any Anti-Corruption Laws. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) No officer or director of Seller or its Subsidiaries (in each case, with respect to the Business or the Purchased Subsidiaries) or the
Business is a Government Official. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.24. <I>TID U.S. Business Status</I><I>.</I> None of the Purchased Subsidiaries, and
none of Purchased Assets are operated to: (i)&nbsp;produce, design, test, manufacture, fabricate, or develop one or more &#147;critical technologies,&#148; as that term is defined in 31 C.F.R. &#167; 800.215; (ii) perform any of the functions set
forth in column 2 of Appendix A to 31 C.F.R. part 800 with respect to &#147;covered investment critical infrastructure,&#148; as defined in 31 C.F.R. &#167; 800.212; or (iii)&nbsp;maintain or collect, directly or indirectly, &#147;sensitive personal
data&#148; as that term is defined in 31 C.F.R. &#167; 800.241; and, therefore, in turn, none of the Purchased Subsidiaries and none of the Purchased Assets, nor any portion thereof, constitute a &#147;TID U.S. business&#148; within the meaning of
that term in 31 C.F.R. &#167; 800.248. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.25. <I>Sufficiency</I><I>.</I> Assuming receipt of all required consents, approvals
and authorizations, on the Closing Date the Purchased Assets and the property and assets owned by the Purchased Subsidiaries, together with the services provided under the Transition Services Agreement and the covenants in this Agreement are
sufficient to conduct the Business immediately following the Closing in substantially the same manner as currently conducted in all material respects, except as to (i)&nbsp;cash and cash equivalents and (ii)&nbsp;services Buyer and Seller agree or
have agreed to exclude from the schedules to the Transition Services Agreement. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.26. <I>No Other Representations and Warranties</I>. EXCEPT FOR THE
REPRESENTATIONS AND WARRANTIES CONTAINED IN THIS ARTICLE 3 OR ARTICLE 8 (AS MODIFIED BY THE DISCLOSURE SCHEDULE) OR THE TRANSACTION DOCUMENTS, NEITHER SELLER NOR ANY OTHER PERSON MAKES ANY EXPRESS OR IMPLIED REPRESENTATION OR WARRANTY WITH RESPECT
TO SELLER OR ITS AFFILIATES, THE PROBABLE SUCCESS OR PROFITABILITY OF THE BUSINESS, THE INTERESTS, THE PURCHASED ASSETS, THE PURCHASED SUBSIDIARIES, THE BUSINESS, THE REAL PROPERTY OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR THE OTHER
TRANSACTION DOCUMENTS, THE ASSUMED LIABILITIES OR ANY OTHER RIGHTS OR OBLIGATIONS TO BE TRANSFERRED OR ASSUMED PURSUANT HERETO, AND SELLER DISCLAIMS ANY OTHER REPRESENTATIONS, WARRANTIES, FORECASTS, PROJECTIONS, STATEMENTS OR INFORMATION, WHETHER
MADE OR FURNISHED BY SELLER OR ANY OF ITS AFFILIATES OR ANY OF ITS OR THEIR REPRESENTATIVES. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ARTICLE 4 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">R<SMALL>EPRESENTATIONS</SMALL> <SMALL>AND</SMALL> W<SMALL>ARRANTIES</SMALL> <SMALL>OF</SMALL> B<SMALL>UYER</SMALL> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Buyer represents and warrants to Seller that: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.01. <I>Corporate Existence and Power</I>. Buyer is a joint stock company duly incorporated, validly existing and in good
standing under the laws of France. Buyer has all requisite corporate powers and all governmental licenses, authorizations, permits, consents and approvals required to carry on its businesses as presently conducted, except for those licenses,
authorizations, permits, consents and approvals the absence of which would not reasonably be expected to prevent or materially delay the transactions contemplated by this Agreement or any other Transaction Document to which Buyer or any of its
Affiliates is a party. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.02. <I>Corporate Authorization</I>. The execution, delivery and performance by Buyer of this
Agreement and the consummation by Buyer of the transactions contemplated hereby are within the corporate powers of Buyer and have been duly authorized by all necessary corporate action. The execution, delivery and performance of each other
Transaction Document to which Buyer or any of its Subsidiaries is a party, by Buyer and any such Subsidiaries, and the consummation of the transactions contemplated thereby, are within Buyer&#146;s and any such Subsidiary&#146;s corporate,
partnership or similar authority and power and have been, or will be prior to their execution, delivery and performance, duly authorized by all necessary corporate, partnership or similar action on the part of Buyer and any such Subsidiary. Assuming
due and valid execution by each other party hereto, this Agreement constitutes a valid and binding agreement of Buyer, enforceable against Buyer in accordance with its terms, subject to the Enforceability Exceptions. Assuming due and valid execution
by each other party thereto, each other Transaction Document to which Buyer or any of its Subsidiaries is a party constitutes or, upon the execution and delivery thereof by Buyer and any such Subsidiary, shall constitute, a valid and binding
agreement of Buyer and any such Subsidiary, enforceable against Buyer and any such Subsidiary in accordance with its terms, subject to the Enforceability Exceptions. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.03. <I>Governmental Authorization</I>. The execution, delivery and
performance by Buyer of each Transaction Document to which it is a party and the consummation by Buyer and any of its Affiliates of the transactions contemplated hereby and thereby require no action by or in respect of, or filing with, any
Governmental Authority and none of Buyer nor any Affiliate of Buyer is required to provide any notice, declaration or filing or receive the consent or approval of any Governmental Authority with respect to any of the foregoing, other than
(i)&nbsp;compliance with any applicable requirements of the HSR Act or Competition Laws (ii)&nbsp;the filing of applications and notices with, and receipt of approvals, licenses or consents of, the Governmental Authorities or Regulatory Authorities,
in each case set forth on <U>Section</U><U></U><U>&nbsp;3.03</U> of the Disclosure Schedule and (iii)&nbsp;any such other action or filing as to which the failure to make or obtain would not reasonably be expected to prevent or materially delay the
transactions contemplated by this Agreement or any other Transaction Document to which Buyer or any of its Affiliates is a party. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.04. <I>Noncontravention</I>. The execution, delivery and performance by Buyer of each Transaction Document to which it or any
of its Subsidiaries is a party and the consummation of the transaction by Buyer and any of its Affiliates contemplated hereby and thereby do not and will not, (i)&nbsp;violate any provisions of the certificate of incorporation or bylaws of Buyer or
its applicable Affiliates, (ii)&nbsp;assuming compliance with the matters referred to in <U>Section</U><U></U><U>&nbsp;4.03</U>, violate or breach any Applicable Law, (iii)&nbsp;require any consent or other action by any Person under, constitute a
default under, or give rise to any right of termination, cancellation or acceleration of any right or obligation of Buyer or to a loss of any benefit to which Buyer is entitled under any provision of any agreement or other instrument binding upon
Buyer or (iv)&nbsp;result in the creation or imposition of any Lien on any asset of Buyer, with such exceptions, in the case of each of clauses (ii)&nbsp;through (iv), as would not reasonably be expected, individually or in the aggregate, to
materially impair or delay the transactions contemplated by this Agreement or any other Transaction Document to which Buyer or any of its Affiliates is a party. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.05. <I>Financing</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Buyer has, and will have at the Closing, sufficient cash, available committed lines of credit or other sources of immediately available
funds to enable it to make payment of the Estimated Purchase Price and any other amounts to be paid by it hereunder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Buyer
acknowledges and agrees that notwithstanding anything to the contrary in this Agreement, neither the availability of financing or the consummation of any financing transaction shall be a condition to the obligation of Buyer to consummate the
transactions contemplated by this Agreement or the other Transaction Documents. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.06. <I>Litigation</I>. There are no
Actions pending against or, to the knowledge of Buyer, threatened against, Buyer, except for such Actions as would not reasonably be expected to prevent or materially delay the transactions contemplated by this Agreement or any other Transaction
Document to which Buyer or any of its Affiliates is a party. There is no Order outstanding or against or applicable to the Buyer, except for such Orders as would not reasonably be expected to prevent or materially delay the transactions contemplated
by this Agreement or any other Transaction Document to which Buyer or any of its Affiliates is a party. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.07. <I>Finders</I><I>&#146;</I><I> Fees</I>. Except for any Person whose fees
and expenses shall be paid by Buyer, there is no investment banker, broker, finder or other intermediary which has been retained by or is authorized to act on behalf of Buyer or any of its Affiliates who might be entitled to any fee or commission in
connection with the transactions contemplated by this Agreement or the other Transaction Documents whose fees, commissions or expenses would be or become payable by the Seller or any Retained Subsidiary. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.08. <I>Inspections; No Other Representations</I>. Buyer is an informed and sophisticated purchaser, and has engaged expert
advisors, experienced in the evaluation and purchase of property and assets such as the Purchased Assets and the Interests as contemplated hereunder. Buyer has undertaken such investigation and has been provided with and has evaluated such documents
and information as it has deemed necessary to enable it (together with the representations and warranties made under this Agreement or any Transaction Document) to make an informed and intelligent decision with respect to the execution, delivery and
performance of this Agreement. Buyer acknowledges and agrees that the Purchased Assets and the Interests are sold &#147;as is&#148; and Buyer agrees to accept the Purchased Assets and the Business in the condition they are in on the Closing Date
based on its own inspection, examination and determination with respect to all matters, and without reliance upon any express or implied representations or warranties of any nature made by or on behalf of or imputed to Seller, except, for the
avoidance of doubt, as expressly set forth in this Agreement (as modified by the Disclosure Schedule) or any Transaction Document. Without limiting the generality of the foregoing, Buyer acknowledges that Seller makes no representation or warranty
with respect to, and Buyer is not relying on, (i)&nbsp;any projections, estimates or budgets delivered to or made available to Buyer or its Representatives of future revenues, future results of operations (or any component thereof), future cash
flows or future financial condition (or any component thereof) of the Business or the future business and operations of the Business or (ii)&nbsp;except as expressly set forth in this Agreement (as modified by the Disclosure Schedule) or any
Transaction Document, any other information or documents made available to Buyer or its Representatives with respect to the Business. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.09. <I>Purchase for Investment</I>. Buyer is purchasing the Interests for investment for its own account and not with a view
to, or for sale in connection with, any distribution thereof. Buyer (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 risks of its
investment in the Interests and is capable of bearing the economic risks of such investment. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ARTICLE 5 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">C<SMALL>OVENANTS</SMALL> <SMALL>OF</SMALL> S<SMALL>ELLER</SMALL> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Seller agrees that: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.01. <I>Conduct of the Business</I>. From the date hereof until the Closing Date, except as set forth in
<U>Section</U><U></U><U>&nbsp;5.01</U> of the Disclosure Schedule, as required or expressly contemplated by the Transaction Documents (including the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers), as required by Applicable Law or
with Buyer&#146;s prior written consent (which consent shall not be unreasonably withheld, conditioned or delayed), Seller shall, and shall cause the Purchased Subsidiaries and its other Subsidiaries to, use their respective reasonable best efforts
to conduct the Business in the </P>
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ordinary course consistent with past practice and shall use reasonable best efforts to preserve intact the Business&#146;s business organizations and relationships with third parties and to keep
available the services of the current Business Employees. Without limiting the generality of the foregoing, from the date hereof until the Closing Date, except as set forth in <U>Section</U><U></U><U>&nbsp;5.01</U> of the Disclosure Schedule, or
expressly contemplated by the Transaction Documents (including the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers) or with Buyer&#146;s prior written consent (which consent shall not be unreasonably withheld, conditioned or delayed),
with respect to the Business, the Purchased Subsidiaries, the Interests, Purchased Assets or the Assumed Liabilities, Seller shall not and shall cause its Subsidiaries (with respect to the Business) not to: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) amend (whether by merger, consolidation or otherwise) the certificates of formation, operating agreements or other similar organizational
documents of any Purchased Subsidiary; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) (A) split, combine or reclassify or redeem, repurchase or otherwise acquire any equity
interests of the Purchased Subsidiaries or (B)&nbsp;declare, set aside or pay any dividend or other distribution, other than cash dividends or other cash distributions, or (y)&nbsp;as may facilitate the settlement or elimination of intercompany
accounts between any of the Purchased Subsidiaries, on the one hand, and Seller and any of its Affiliates (other than the Purchased Subsidiaries), on the other; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) make capital expenditures in excess of $200,000 individually or $1,500,000 in the aggregate, or fail to make any capital expenditures
contemplated by the capital expenditure budget provided to Buyer or that would be required in the ordinary course of business consistent with past practice; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) issue, sell, assign, transfer or dispose of, or place any Lien (other than Permitted Liens) on any equity interests in the Purchased
Subsidiaries; or grant to any Person any right to acquire any such equity interests; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) acquire (whether by merger, consolidation,
acquisition of stock or assets or otherwise), directly or indirectly, any material assets, capital stock or other equity interests or properties (including, without limitation, Leased Real Properties), other than (A)&nbsp;pursuant to Contracts in
effect as of the date of this Agreement or (B)&nbsp;in the ordinary course of business consistent with past practice; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) sell, lease,
sublease, license, assign or otherwise transfer, or create, incur, assume or suffer to exist any Lien (other than Permitted Liens) or dispose of (whether by merger, consolidation, disposition of stock or assets or otherwise), directly or indirectly,
any material tangible assets, capital stock or other equity interests or properties (including, without limitation, Leased Real Properties), other than (A)&nbsp;pursuant to Contracts in effect as of the date of this Agreement or (B)&nbsp;the
ordinary course of business consistent with past practice; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) make any material loans, advances or capital contributions to, or material
investments in, any other Person, other than amounts that will be repaid in full at or prior to the Closing; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) other than as required by the terms of any Business Benefit Plan or Labor Agreement (in
each case, pursuant to its terms as of the date hereof or as modified in accordance with this Agreement) or Applicable Law, (A)&nbsp;increase the base salary, wages, fees, bonuses or cash- or equity-based incentive compensation or benefits of any
Business Employee, Business Contractor or other individual service provider of the Business, (B)&nbsp;grant any retention, termination, change in control, transaction, stay or success bonuses, severance or similar compensation or benefits to any
Business Employee or Former Business Employee, Business Contractor or other individual service provider of the Business, (C)&nbsp;take any action to accelerate the vesting or time of payment of any compensation or benefit to any Business Employee or
Former Business Employee, Business Contractor or other individual service provider of the Business, (D)&nbsp;establish, adopt, enter into or amend or terminate any Labor Agreement or Business Benefit Plan, except, in the case of any Business Benefit
Plan (x)&nbsp;in the ordinary course of business, including to reflect market-based adjustments to compensation or benefits, (y)&nbsp;in a manner consistent with the treatment by Seller or one or more its Subsidiaries of their similarly situated
employees that are not Business Employees or (z)&nbsp;for any increase, payment or benefit for which Seller or any Retained Subsidiary shall be solely liable, (E)&nbsp;transfer or modify the employment of any employee from a status in which such
employee would have been a Business Employee to a status in which such employee will not be a Business Employee, (F)&nbsp;transfer or modify the employment of any employee from a status in which such employee would not have been a Business Employee
to a status in which such employee will be a Business Employee, (G)&nbsp;terminate the employment or engagement of, or hire any employee or other individual service provider who would be considered, a Business Employee, other than to fill vacancies
arising due to terminations of employment of Business Employees, other individual service providers of the Business with an annual base compensation or annualized base wages lower than $200,000, or (H)&nbsp;assign, transfer sponsorship of or
otherwise amend or modify any Business Benefit Plan such that it becomes (or ceases to be) a Purchased Subsidiary Benefit Plan; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) other
than any collaboration agreements (which shall be subject to <U>Section</U><U></U><U>&nbsp;5.01(t)</U>), amend, terminate, renew or cancel any Material Contract or Real Property Lease, or enter into any new Contract that would constitute a Material
Contract or Real Property Lease had it been in effect as of the date hereof, in each case other than in the ordinary course of business; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) grant any party the right to use or occupy any Leased Real Property; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k) make any material change in any method of financial accounting, except as required by changes in GAAP or other Applicable Law; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l) other than with respect to any Seller Group, (A)&nbsp;make, change or revoke any material Tax election (any election under Treasury
Regulations <FONT STYLE="white-space:nowrap">301.7701-3</FONT> shall be material for this purpose), (B) change any material method of accounting for Tax purposes or change any annual Tax accounting period, (C)&nbsp;settle or compromise any claim,
notice, audit report or assessment in respect of material Taxes; (D)&nbsp;change any annual Tax accounting period, (E)&nbsp;file any amended income or other material Tax Return, (F)&nbsp;enter into any Tax Sharing Agreement or closing agreement
relating to any material Tax, (G)&nbsp;surrender any right to claim a material Tax refund, or (H)&nbsp;consent to any extension or waiver of the statute of limitations period applicable to any material Tax claim or assessment; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m) adopt a plan or agreement of complete or partial liquidation. dissolution merger,
consolidation, restructuring, recapitalization or other reorganization of the Business or any Purchased Subsidiary; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(n) effectuate a
&#147;plant closing&#148; or &#147;mass layoff&#148; as defined by WARN or other material <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">reduction-in-force;</FONT></FONT> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(o) sell, transfer, assign, license, sublicense, abandon, dedicate to the public, allow to lapse, incur any Lien (other than Permitted Liens)
or otherwise dispose of any material Business Intellectual Property, other than licenses granted pursuant to any collaboration agreements (which shall be subject to <U>Section</U><U></U><U>&nbsp;5.01(t)</U>); </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(p) incur, assume or guarantee any indebtedness for borrowed money, other than in the ordinary course of business consistent with past
practice or indebtedness which is extinguished in full prior to Closing; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(q) forgive, cancel, compromise or waive any rights with respect
to any material indebtedness for borrowed money owed to the Business or any Purchased Subsidiary; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(r) fail to maintain, terminate or
cancel any Business Insurance Policy with respect to any material assets without replacing such coverage with a comparable amount of insurance coverage to the extent available on commercially reasonable terms; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(s) initiate, settle, or offer or propose to settle, or cancel, any material Action involving the Business, the Purchased Subsidiaries, the
Purchased Assets or the Assumed Liabilities (A)&nbsp;in excess of $100,000 for individual claims or $300,000 in the aggregate, without taking into account insurance coverage or such claims, or (B)&nbsp;providing for any non-<I>de minimis</I> <FONT
STYLE="white-space:nowrap">non-monetary</FONT> obligations or restrictions (other than a mutual release and customary confidentiality obligations); </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(t) (A) except as set forth on <U>Section</U><U></U><U>&nbsp;5.01(t)(A)</U> of the Disclosure Schedule, enter into any new collaboration
agreement (but may enter into purchases order or statement of works under existing collaboration agreements for purposes of ordering the applicable inventory) or amend, terminate, cancel, renew or extend any existing collaboration agreement (or any
purchase order or statement of work thereunder), whether written or otherwise, between a Purchased Subsidiary, on the one hand, and Seller or any Retained Subsidiary, on the other hand, or (B)&nbsp;except as set forth on
<U>Section</U><U></U><U>&nbsp;5.01(t)(B)</U> of the Disclosure Schedule, amend, terminate, cancel, renew or extend any existing collaboration agreement with a third Person, or enter into (x)&nbsp;any collaboration agreement (including any purchase
order or statement of work) that would constitute a Material Contract as a result of such agreement containing provisions described in <U>Section</U><U></U><U>&nbsp;3.08(a)(ix)</U> or <U>Section</U><U></U><U>&nbsp;3.08(a)(x)</U> (other than
<U>Section</U><U></U><U>&nbsp;3.08(a)(x)(D)</U>) had it been in effect as of the date hereof or (y)&nbsp;any other collaboration agreement (including any purchase order or statement of work), other than written collaboration agreements (which shall
be deemed to include any purchase order or statement of work) for the <FONT STYLE="white-space:nowrap">one-time,</FONT> <FONT STYLE="white-space:nowrap">non-recurring</FONT> launch of five (5)&nbsp;or less products, each in a limited amount of
inventory, to be sold in one season only solely by or on behalf of the Purchased Subsidiaries; provided that, in the case of any collaboration agreement not otherwise prohibited by clause (B), Seller shall (1)&nbsp;provide Buyer reasonable written
notice prior to entry into any such collaboration agreements and (2)&nbsp;consider in good faith any input from Buyer on such arrangements; or </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(u) agree or commit to do any of the foregoing; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><I>provided</I> that, for the avoidance of doubt, nothing in this <U>Section</U><U></U><U>&nbsp;5.01</U> shall (i)&nbsp;prevent Seller or any
of its Subsidiaries from taking or failing to take any action in compliance with Applicable Law, including the establishment of any policy, procedure or protocol, in each case, to the extent necessary (as reasonably determined by Seller after
providing Buyer reasonable advance notice thereof and consulting with Buyer with respect thereto) to respond to <FONT STYLE="white-space:nowrap">COVID-19</FONT> or comply with any <FONT STYLE="white-space:nowrap">COVID-19</FONT> Measures, and
(x)&nbsp;no such actions or failure to take such actions shall be deemed to violate or breach this Agreement in any way and (y)&nbsp;no such actions or failure to take such actions shall serve as a basis for Buyer to terminate this Agreement or
assert that any of the conditions to the Closing contained herein have not been satisfied, (ii)&nbsp;restrict Seller or any of its Affiliates from taking any action to: (A)&nbsp;cause each Purchased Subsidiary to dividend, distribute or otherwise
pay to Seller or any of its Affiliates any or all of the cash and cash equivalents of such Purchased Subsidiary, (B)&nbsp;remove, or cause any Subsidiary to remove, and pay to Seller or any of its Affiliates any cash and cash equivalents held in any
bank account of the Business or (C)&nbsp;settle or otherwise terminate or eliminate intercompany balances between any Purchased Subsidiary, on the one hand, and Seller or any Retained Subsidiary, on the other hand, and make capital increases or
decreases in connection therewith in accordance with <U>Section</U><U></U><U>&nbsp;5.03</U>, and (D)&nbsp;effectuate the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers, in each case, in compliance with Applicable Law and in a manner
that does not increase Assumed Liabilities or the Liabilities of any Purchased Subsidiary as of the Closing or thereafter. Nothing contained in this Agreement shall give Buyer, directly or indirectly, the right to control or direct the operations of
the Business and prior to the Closing, Seller and its Subsidiaries shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over their respective businesses and operations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.02. <I>Confidentiality</I>. Seller shall not, and shall cause its controlled Affiliates and Representatives not to, for a
period of seven (7)&nbsp;years after the Closing Date, directly or indirectly, without Buyer&#146;s written consent, disclose to any third party (other than each other and their respective Representatives who have a need to know) any confidential or
proprietary information concerning the Business, including any such confidential or proprietary information disclosed to Seller pursuant to the exercise of its rights under <U>Section</U><U></U><U>&nbsp;7.09</U> hereof; <I>provided</I> that the
foregoing restriction shall not (a)&nbsp;apply to (i)&nbsp;any information generally available to, or known by, the public (other than as a result of disclosure in violation of this <U>Section</U><U></U><U>&nbsp;5.02</U>) or (ii)&nbsp;independently
developed by Seller or any Affiliate thereof (other than the Purchased Subsidiaries prior to the Closing) without use of or reference to any such confidential or propriety information; <I>provided</I>, that Seller is able to provide evidence of such
independent development or (b)&nbsp;prohibit any disclosure (i)&nbsp;required by Applicable Law so long as, to the extent practicable and legally permissible, Seller provides Buyer with reasonable prior written notice of such disclosure and a
reasonable opportunity (at Buyer&#146;s sole expense) to contest such disclosure or (ii)&nbsp;reasonably made in connection with the enforcement of any right or remedy relating to any of the Transaction Documents or the transactions contemplated
thereby; <I>provided</I>, <I>further</I>, that with respect to any such confidential or proprietary information that constitutes a trade secret (as such term is defined under the Uniform Trade Secrets Act), the confidentiality obligations under this
<U>Section</U><U></U><U>&nbsp;5.02</U> shall survive until the later of (x)&nbsp;seven (7) years after the Closing Date and (y)&nbsp;such time as such information is no longer deemed a trade secret. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.03. <I>Termination of Intercompany Arrangements</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) On or prior to the Closing, except as set forth in <U>Section</U><U></U><U>&nbsp;5.03(b)</U>, Seller shall and shall cause each of its
Affiliates (including any of the Purchased Subsidiaries) to terminate all Intercompany Agreements, and all rights and obligations of the Business or the Purchased Subsidiaries, Seller and Seller&#146;s Affiliates related thereto in a manner that
does not result in any ongoing Liability or obligation of the Business from and after the Closing. No such terminated Intercompany Agreement or any arrangement, commitment or understanding relating thereto (including any provision thereof that
purports to survive termination) shall be of any further force or effect after the Effective Time. With respect to any Intercompany Agreement being terminated in accordance with this Agreement, notwithstanding anything therein to the contrary, in
the event of any conflict between the provisions of this Agreement and any <FONT STYLE="white-space:nowrap">phase-out</FONT> provision in any such Intercompany Agreement (i.e., to the extent providing for the use of any Business Intellectual
Property Rights post-termination thereof), the provisions of this Agreement shall prevail with respect thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) The provisions of
<U>Section</U><U></U><U>&nbsp;5.03(a)</U> shall not apply to any of the following Contracts (or to any of the provisions thereof): </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) this Agreement, the other Transaction Documents and each other Contract expressly contemplated by this Agreement or any
other Transaction Document to be entered into or continued after the Closing; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) any outstanding purchase orders
and the Intercompany Agreements, in each case, to the extent listed on <U>Section</U><U></U><U>&nbsp;5.03(b)</U> of the Disclosure Schedule and for which copies (or, to the extent not subject to a written agreement (which shall be deemed to include
any purchase order or statement of work), written summaries of the applicable (A)&nbsp;product, (B) counterparty, (C)&nbsp;inventory contemplated to be sold, (D)&nbsp;release period and (E)&nbsp;total fees payable to the Retained Subsidiary) have
been provided to Buyer prior to the date hereof or, in the case of Intercompany Agreements entered into after the date hereof in accordance with <U>Section</U><U></U><U>&nbsp;5.01(t)</U>, prior to the Closing. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) On or prior to the Closing, Seller shall and shall cause each of its Affiliates (including any of the Purchased Subsidiaries) to terminate
and pay in full or eliminate all outstanding intercompany indebtedness or intercompany accounts or other transactions, whether payables or receivables or otherwise, between Seller and its Affiliates, on one hand, and the Business, on the other hand,
such that no such amounts are owed or outstanding as of the Closing, in each case to or from Seller and its Affiliates to or from Buyer and its Affiliates, and in a manner that does not result in any ongoing Liability or obligation or the Business
from and after the Closing. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) At or prior to the Closing, Seller shall obtain the release of all Liens (if any)
relating to any indebtedness for borrowed money or otherwise of Seller or its Affiliates (collectively, &#147;<B>Debt Liens</B>&#148;) on the Purchased Assets and Purchased Subsidiaries or with respect to the Business, the assets and properties of
the Business and the Interests and, at least three days prior to the Closing, Seller shall deliver to Buyer customary Lien release documents evidence the release of all such Debt Liens at Closing, including applicable UCC filings and return of
physical collateral in connection with, and evidencing, the foregoing and Seller shall, as promptly as practicable, cooperate with Buyer and take all necessary actions and make all such required filings at its sole cost and expense to effect and
evidence the release of any such Liens. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.04. <I>Data Processing</I><I>.</I> To the extent any Purchased Assets contain any
Personal Data, Buyer and Seller agree to effect the transfer of such Personal Data from Seller to Buyer in accordance with the provisions of this Agreement and in compliance with all applicable Privacy Requirements with such transfer taking place on
or after Closing on a date or during a period of time that is mutually agreed between the Seller and Buyer. To this end, (i)&nbsp;Seller shall provide Buyer a copy of any Personal Data included in the Purchased Assets in a native format or flat file
format (at Buyer&#146;s option) it being understood that the flat file format shall reflect an unstructured universally recognized simple file format, including but not limited to .csv format (unless a different format is agreed pursuant to the
terms of the Transition Services Agreement), and (ii)&nbsp;if and to the extent required under applicable Privacy Requirements, on such date to be agreed by Seller and Buyer (but, in any event, no sooner than before the Closing Date), Seller shall
provide a notice relating to the change of ownership of Personal Data, which shall be satisfactory to the Buyer, acting reasonably, and in any form and pursuant to a delivery method permissible under applicable Privacy Laws and agreed between the
Seller and Purchaser acting reasonably to all persons whose Personal Data has been part of any Purchased Assets. At Buyer&#146;s reasonable request, Seller shall take such other steps as are required to ensure that Personal Data comprised within the
Purchased Assets is transferred in accordance with all applicable Privacy Requirements. The parties agree that Seller shall remain the controller and shall be responsible for satisfying the controller&#146;s obligations in relation to the transfer
of any data within the Purchased Assets and shall transfer the data to Buyer on an independent controllership basis. For a period of twelve (12)&nbsp;months following the Closing, (a)&nbsp;Seller shall, to enable Buyer to comply with applicable
Privacy Requirements, as soon as reasonably practicable (but, in any event, within six (6)&nbsp;Business Days from Seller&#146;s receipt of a data subject request that relates to the Processing of Personal Data within the applicable Purchased
Assets) send to Buyer any data subject requests and relevant correspondence Seller receives after the data transfer contemplated by this Section&nbsp;5.04 is completed that relates to the Processing of Personal Data within the applicable Purchased
Assets by Buyer or direct such data subjects and relevant correspondence to Buyer and (b)&nbsp;in relation to any data subject request or any other complaint or query relating to Personal Data within any Purchased Assets received by Buyer from a
data subject or a regulatory body, Seller shall, upon written request from Buyer, at Buyer&#146;s own cost, provide Buyer with such information Seller may hold (if any) that is relevant to the data subject request, complaint or query so as to assist
Buyer to comply with, and demonstrate compliance with, Buyer&#146;s obligations under applicable Privacy Requirements; <I>provided</I> that, to the extent any such data subject request or regulatory correspondence relates to a Security Incident that
occurred prior to Closing, Buyer shall forward the request and any associated information to Seller, who shall lead on the management of such request or correspondence and Buyer shall provide without undue delay all such information related to such
request or correspondence that Seller reasonably requires. Seller shall bear all the </P>
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reasonable <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> costs of Buyer associated with such request or correspondence. Where Seller is entitled to
lead on such requests or correspondence, Buyer and Seller shall consult with each other on the management and resolution of such requests or correspondence, and Seller shall, in good faith, take due account of reasonable suggestions by Buyer in
respect of the managing and resolution of such requests and correspondence including on any material correspondence to a regulator and/ or data subject. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.05. <I><FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Prior to the Closing, Seller shall, and shall cause its Affiliates to, take all steps necessary to effect and carry out the transactions
described on <U>Schedule III</U> (such transactions, the &#147;<B><FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers</B>&#148;). Without limiting Seller&#146;s obligations with respect to Indemnified Taxes, each of the parties understands
and agrees that any transfers, assignments, sales or other dispositions of assets, interests, rights, obligations, capital stock, employees or otherwise, whether from a Purchased Subsidiary to Seller or one or more of its Affiliates, or from Seller
or one or more of its Affiliates to a Purchased Subsidiary, shall be made on an &#147;as is&#148;, &#147;where is&#148; basis, without representation or warranty of any kind and without recourse to the party making such transfer, assignment, sale or
other disposition (but shall not, for the avoidance of doubt, limit this Agreement or any other Transaction Document). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Prior to any <FONT
STYLE="white-space:nowrap">Pre-Closing</FONT> Transfer, Seller shall provide Buyer with drafts of all relevant documentation for Buyer&#146;s review and comment. Buyer shall provide Seller any comments to such documentation as promptly as reasonably
practicable. Seller shall incorporate in good faith any comments provided by Buyer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Seller shall provide notice to Buyer of any
proposed modifications to <U>Schedule III</U>, and Seller shall not make any modifications that would be reasonably expected to be adverse to Buyer or its Affiliates, any Purchased Subsidiaries or any Purchased Asset, without the prior written
consent of the Buyer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Promptly following the assignment of Registered Business Intellectual Property Rights to Purchased Subsidiaries
as part of the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers, if any, Seller shall, and shall cause its applicable Subsidiaries to, file at the expense of Seller and its applicable Subsidiaries such assignments and other documents,
and take such other actions, in each case as are necessary to effectuate or perfect such assignments under Applicable Law and to otherwise update record title to such Registered Business Intellectual Property Rights to reflect their ownership by the
applicable Purchased Subsidiaries. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.06. <I>Third Party Approvals</I><I>.</I> Except with respect to the Regulatory Matters,
which are addressed by the provisions of <U>Section</U><U></U><U>&nbsp;7.02</U>, subject to the terms and conditions of this Agreement, prior to the earlier of (a)&nbsp;the Closing, and (b)&nbsp;the termination of this Agreement in accordance with
its terms, Seller shall, and shall cause its Subsidiaries to, use reasonable best efforts to obtain all third party approvals and consents necessary to consummate the transactions contemplated by this Agreement. Buyer shall and shall cause its
Subsidiaries to use reasonable best efforts to cooperate with Seller and provide such assistance as may be reasonably requested in writing by Seller in connection with such approvals and consents. Notwithstanding the foregoing, neither Seller nor
any of its Subsidiaries shall be required to make any payments to such third parties, provide any accommodation (financial or otherwise), incur any Liability or commence any litigation in order to obtain any such consent or approval. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ARTICLE 6 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">C<SMALL>OVENANTS</SMALL> <SMALL>OF</SMALL> B<SMALL>UYER</SMALL> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Buyer agrees that: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.01. <I>Confidentiality</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) All information provided or made available to Buyer, its Affiliates or any of their respective Representatives pursuant to any of the
Transaction Documents or in connection with any of the transactions contemplated thereby, whether provided prior to or after the date hereof, shall be subject to the Confidentiality Agreement. Subject to Section&nbsp;6.01(b), the Confidentiality
Agreement shall terminate at the Closing only with respect to that portion of the Evaluation Material (as defined in the Confidentiality Agreement) that relates to the Purchased Subsidiaries and the Business and otherwise shall continue in full
force and effect following the Closing. If this Agreement is terminated for any reason prior to the Closing, the Confidentiality Agreement shall continue in full force and effect in accordance with its terms. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.02. <I>Seller Marks</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Buyer and its Affiliates (including, as of the Closing, the Purchased Subsidiaries) shall have no right, title or interest in or to the
Seller Marks except as granted (i)&nbsp;in this <U>Section</U><U></U><U>&nbsp;6.02</U> or (ii)&nbsp;under the collaboration agreements (including purchase orders and statements of work)&nbsp;(A) described in <U>Section</U><U></U><U>&nbsp;5.03(b)</U>
(which for the avoidance of doubt, shall remain in full force and effect following the Closing for the duration thereof) or (B)&nbsp;otherwise entered into between Seller or any of its Retained Subsidiaries on the one hand and any of the Purchased
Subsidiaries, on the other hand, in accordance with the terms of <U>Section</U><U></U><U>&nbsp;5.01(t)</U> (such collaboration agreements described in the foregoing clause (ii), the &#147;<B>Continuing Collaboration Agreements</B>&#148;). Buyer
hereby acknowledges and agrees that neither it nor any of its Affiliates (including, as of the Closing, the Purchased Subsidiaries) shall acquire any goodwill, rights or benefits arising from the Seller Marks and that all such goodwill, rights and
benefits shall inure solely to Seller. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Effective as of the Closing Date, Seller (on behalf of itself and its Affiliates (other than
the Purchased Subsidiaries)) hereby grants to Buyer and its Affiliates (including, as of the Closing, the Purchased Subsidiaries) a limited, <FONT STYLE="white-space:nowrap">non-exclusive,</FONT>
<FONT STYLE="white-space:nowrap">non-transferable,</FONT> <FONT STYLE="white-space:nowrap">non-sublicensable</FONT> (except to the extent sublicensed in the conduct of the Business immediately prior to the Closing Date), royalty-free license, for a
term of six (6)&nbsp;months following the Closing Date, to use the Seller Marks solely in connection with the operation of the Business as such Seller Marks were used therein immediately prior to the Closing Date (it being understood that
(i)&nbsp;neither the Buyer nor its Affiliates (including, after the Closing, the Purchased Subsidiaries) shall apply the Seller Marks to, or otherwise use the Seller Marks on or in connection with, any goods, products or services that were not in
existence, in production, or on order as of the Closing Date, except to the extent use of the Seller Marks is required or permitted under and for the duration of, the Continuing </P>
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Collaboration Agreements, and (ii)&nbsp;any use by the Buyer or its Affiliates (including, after the Closing, the Purchased Subsidiaries) of the Seller Marks during the limited license period as
provided herein shall be subject to compliance in all respects with all style and other usage guidelines provided to Buyer in effect for the Seller Marks immediately prior to the Closing). Notwithstanding the foregoing, in the event that Seller does
not identify a Seller Mark to Buyer (including, but not limited to, pursuant to <U>Section</U><U></U><U>&nbsp;1.01(a)(iv)</U> of the Disclosure Schedule), Buyer and its Affiliates shall not be in breach of this <U>Section</U><U></U><U>&nbsp;6.02</U>
for failure to cease use of such Seller Mark during such six (6)&nbsp;month period; provided that Buyer shall (and shall cause its Affiliates (including, after the Closing, the Purchased Subsidiaries) to) cease use of such Seller Mark as soon as
reasonably practicable (and, in any event, within six (6)&nbsp;months) following Buyer&#146;s receipt of Seller&#146;s notice of such Seller Mark or use thereof. Except as otherwise expressly permitted pursuant to this
<U>Section</U><U></U><U>&nbsp;6.02(b)</U>, promptly after the Closing Date (and in any event within ninety (90)&nbsp;days thereafter), Buyer shall, and shall cause its Affiliates (including, after the Closing, the Purchased Subsidiaries) to cease
any and all use of the Seller Marks, including by removing the Seller Marks from any and all assets, stationery, forms, supplies, displays, advertisements and other promotional materials, communications, website content, other internet or electronic
communication vehicles and other documents and materials within the possession or control of Buyer or its Affiliates (including the Purchased Subsidiaries), or remove, destroy or strike over all Seller Marks from the foregoing, except to the extent
(x)&nbsp;use of the Seller Marks is required or permitted under and for the duration of the Continuing Collaboration Agreements, or (y)&nbsp;such materials are used solely for internal business purposes (in which case Buyer shall and shall cause its
Affiliates (including, after the Closing, the Purchased Subsidiaries) to phase out and dispose of such materials in the ordinary course of business). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Prior to the Closing Date, Seller shall cause all Purchased Subsidiaries whose names include any Seller Mark to cause their names to be
changed to such other names that do not include any Seller Marks and make all necessary filings and use commercially reasonable efforts to cause all applicable Governmental Authorities to change all applications, registrations and filings, including
to corporate names, seals and certificates, of such Purchased Subsidiaries such that they will not include any Seller Marks. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d)
Notwithstanding the foregoing or anything herein to the contrary, as to any inventory in existence on the Closing Date that bears any Seller Marks, Buyer and its Affiliates (including, after the Closing, the Purchased Subsidiaries) may sell or
otherwise dispose of such inventory in the ordinary course of business. Nothing herein shall prohibit Buyer or any of its Affiliates (including, after the Closing, the Purchased Subsidiaries) from using Seller Marks in a <FONT
STYLE="white-space:nowrap">non-trademark</FONT> manner for purposes of conveying to customers or the general public the historical origins of the Business, or otherwise using the Seller Marks in a manner that would constitute a &#147;fair use&#148;
under Applicable Law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.03. <I>Data Processing</I>. Notwithstanding anything to the contrary herein, Buyer shall, without
undue delay once the Personal Data within the Purchased Assets has been migrated to Buyer, (and shall cause its Affiliates (including, as of the Closing, the Purchased Subsidiaries) to), comply in all material respects with all Privacy Laws in
connection with the Processing of any Personal Data included in the Purchased Assets or owned or controlled by any Purchased Subsidiary, solely to the extent such Personal Data was already Processed by Seller in compliance with applicable Privacy
Laws at Closing. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ARTICLE 7 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">C<SMALL>OVENANTS</SMALL> <SMALL>OF</SMALL> B<SMALL>UYER</SMALL> <SMALL>AND</SMALL> S<SMALL>ELLER</SMALL> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Buyer and Seller agree that: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.01. <I>Reasonable Best Efforts; Further Assurance</I>. Subject to the terms and conditions of this Agreement, Buyer and Seller
shall use their respective reasonable best efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary or desirable under Applicable Law to consummate the transactions contemplated by this Agreement and
the other Transaction Documents as soon as practicable. Seller and Buyer agree to execute and deliver such other documents, certificates, agreements and other writings and to take such other actions as may be necessary or desirable in order to
consummate or implement expeditiously the transactions contemplated by this Agreement, to vest in Buyer ownership of the Purchased Subsidiaries and good and valid title to the Purchased Assets and to assure and evidence the assumption by Buyer of
the Assumed Liabilities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.02. <I>Regulatory Matters</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) In furtherance and not in limitation of <U>Section</U><U></U><U>&nbsp;7.01</U>, Buyer (and Seller under the HSR Act) shall make all
necessary <FONT STYLE="white-space:nowrap">pre-filings,</FONT> applications, submissions and filings pursuant to applicable Competition Laws with respect to the transactions contemplated by this Agreement and the other Transaction Documents as
promptly as practicable after the date hereof and in any event, in the case of all required filings pursuant to the HSR Act, within ten (10)&nbsp;Business Days of the date hereof. No party shall voluntarily withdraw or &#147;pull and <FONT
STYLE="white-space:nowrap">re-file&#148;</FONT> any filing under the HSR Act or any such other filing with any foreign Regulatory Authorities except after consultation with the other party hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Buyer shall, after reasonable consultation with Seller, have the right to control the strategy in connection with Regulatory Matters.
Buyer (and Seller with respect to its filing under the HSR Act) shall, and shall cause its Subsidiaries and Affiliates to, (i)&nbsp;use reasonable best efforts to (i)&nbsp;respond as promptly as practicable to any inquiries and requests received
from any Regulatory Authority in connection with Regulatory Matters, (ii)&nbsp;use reasonable best efforts to supply as promptly as practicable (and in any event in less than ninety (90)&nbsp;days) any additional information and documentary material
that may be requested pursuant to the HSR Act and any other applicable Competition Laws and (iii)&nbsp;not extend any waiting period under the HSR Act or under any other Competition Laws or enter into any agreement with any Regulatory Authority not
to consummate the transactions contemplated by this Agreement or the other Transaction Documents, except, after consultation, with Seller. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Without limiting the foregoing, Buyer shall, and shall cause its Subsidiaries and
Affiliates to, use reasonable best efforts to promptly take any and all actions necessary or desirable to cause the expiration or termination of the applicable waiting periods under the HSR Act and any other Competition Laws, and obtain all other
required consents, authorizations, orders and approvals from Regulatory Authorities in respect of Competition Laws as promptly as practicable (and in any event at least four (4)&nbsp;Business Days prior to the End Date). Notwithstanding anything to
the contrary herein, nothing in this <U>Section</U><U></U><U>&nbsp;7.02</U> shall require Buyer or its Subsidiaries or Affiliates to agree to any action that would reasonably be expected to, individually or in the aggregate, be materially adverse to
(x)&nbsp;the Business, taken as a whole, or (y)&nbsp;Buyer and its Affiliates (excluding the Business, Purchased Subsidiaries or the Purchased Assets), taken as a whole or (z)&nbsp;the benefits to Buyer of the transactions contemplated by this
Agreement taken as a whole. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Each of Buyer and Seller shall, and shall cause its Affiliates to, cooperate in good faith with one
another to provide all reasonable information for the purpose of making any <FONT STYLE="white-space:nowrap">pre-filing</FONT> submissions, notifications and filings pursuant to applicable Competition Laws within the timeline set forth in
<U>Section</U><U></U><U>&nbsp;7.02(a)</U>. In addition, each of Buyer and Seller shall keep one another reasonably and promptly apprised of material matters relating to or in connection with the taking of such actions and the doing of such other
things as are contemplated by <U>Section</U><U></U><U>&nbsp;7.01</U>. In furtherance and not in limitation of the foregoing, and provided that Buyer shall remain in control of contacts and discussions with any Regulatory Authority (except to the
extent that a Regulatory Authority may request to communicate exclusively with one party) and the Regulatory Matters&#146; strategy, the parties shall (i)&nbsp;consult with one another in advance of any meeting, teleconference or other communication
with any Regulatory Authority, (ii)&nbsp;provide one another with the opportunity to attend or participate in any such meeting, teleconference or other communication, (iii)&nbsp;afford one another the right to review any written materials to be
submitted to such Regulatory Authority in advance of the submission thereof and (iv)&nbsp;furnish one another with copies of all written materials received by or on behalf of such party from such Regulatory Authority, in each case to the extent
permitted by Applicable Law (except, in the case of the foregoing clause (ii), (A) to the extent such Regulatory Authority has requested that one or the other party not attend or participate in any such meeting, teleconference or other communication
or (B)&nbsp;Buyer reserves the right, in circumstances where highly confidential issues or documents are discussed with any Regulatory Authority, to ask Seller and/or its Representatives to leave or not to attend in any such meeting, teleconference
or other communication, and in the case of the foregoing clauses (iii)&nbsp;and (iv), to the extent that (A)&nbsp;such written materials contain information that does not relate to the transactions contemplated hereby or (B)&nbsp;confidential
treatment has been requested or granted for such written materials). Buyer shall not, and shall cause its Affiliates not to, enter into or consummate any transaction in the apparel or footwear industry (other than the transactions contemplated by
this Agreement) that would, or would reasonably be expected to, have the effect of delaying, impairing or impeding the receipt of any consent, authorization, order or approval of any Governmental Authorities. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.03. <I>Certain Filings</I>. In furtherance and not in limitation of <U>Section</U><U></U><U>&nbsp;5.06</U>, Seller and Buyer
shall use reasonable best efforts to cooperate with one another (i)&nbsp;in determining whether any action by or in respect of, or filing with, any Governmental Authority or other third party is required, or any actions, consents, approvals or
waivers are required to be obtained from parties to any Material Contracts and Contracts set forth on <U>Section</U><U></U><U>&nbsp;3.04</U> of the Disclosure Schedule, in connection with the consummation of the transactions contemplated by this
Agreement or the other Transaction Documents and (ii)&nbsp;in taking such actions or making any such filings, furnishing information required in connection therewith and seeking to obtain any such actions, consents, approvals or waivers in a timely
manner. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.04. <I>Public Announcements</I>. Each party agrees to obtain the written
consent of the other party (which shall not be unreasonably withheld, conditioned or delayed) before issuing any press release or making any public statement with respect to the Transaction Documents or the transactions contemplated thereby;
<I>provided</I>, <I>however</I>, that a party may, without the prior consent of the other party, but only following consultation with the other party to the extent legally permissible, issue such public disclosure as may be required by Applicable
Law or any listing agreement with any national securities exchange to which the disclosing party is subject. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.05.
<I>Notices of Certain Events</I>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Each of Seller and Buyer shall promptly notify the other party of: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) any notice or other communication from any Person alleging that the consent of such Person is or may be required in
connection with the transactions contemplated by any Transaction Documents; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) any material notice or other
communication from any Governmental Authority in connection with the transactions contemplated by any Transaction Documents; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) the commencement of any Action that, if pending on the date of this Agreement, would have been required to be disclosed
pursuant to, in the case of Seller, <U>Section</U><U></U><U>&nbsp;3.09</U> or, in the case of Buyer, <U>Section</U><U></U><U>&nbsp;4.06</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Notwithstanding anything to the contrary contained herein, a party&#146;s failure to comply with this
<U>Section</U><U></U><U>&nbsp;7.05</U> shall not, in itself, provide the other party hereto or any of such other party&#146;s Affiliates with a right not to effect the transactions contemplated by this Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.06. <I>Insurance</I>. Until the Closing, Seller shall use reasonable best efforts to maintain or cause to be maintained in all
material respects all third-party insurance coverage under which the Business or the Purchased Assets is insured as of the date hereof or prior to the Closing (the &#147;<B>Third Party Policies</B>&#148;) (or comparable replacement coverage) without
breach, default or cancelation (other than settlement, expiration or replacement of such coverage in the ordinary course of business). Except as otherwise provided by this <U>Section</U><U></U><U>&nbsp;7.06</U>, Buyer acknowledges that from and
after the Closing neither Buyer nor the Business shall have access to any insurance policies of Seller or any of the Retained Subsidiaries or any of their respective self-insurance programs, regardless of whether such policies were applicable to the
Business prior to the Closing; <I>provided</I>, <I>however</I>, that insurance policies obtained solely at and by a Purchased Subsidiary shall remain in effect. From and after the Closing, Seller agrees that with respect to acts, omissions, events
or circumstances relating to the Business, occurring prior to the Closing, and that are covered by occurrence-based Third Party Policies, Buyer (on behalf of the Purchased Subsidiaries) and the Purchased Subsidiaries may after the Closing, make
claims under such occurrence-based policies, and Seller and its Subsidiaries shall reasonably cooperate with Buyer to facilitate such </P>
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claims; <I>provided</I>, that Buyer shall exclusively bear the amount of any deductibles, self-insured retentions or other
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> costs and expenses incurred in connection therewith associated with claims under such occurrence based Third Party Policies, and shall be liable for all
uninsured or uncollectible amounts of such claims. Seller and Buyer shall reasonably cooperate in connection with any material decision or action required to pursue such claim, and Seller shall pay to Buyer any net proceeds realized with respect to
any such claim. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.07. <I><FONT STYLE="white-space:nowrap">Non-solicit</FONT></I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) For a period of 18 months following the Closing Date, Seller shall not, and shall cause its Subsidiaries not to, directly or indirectly
solicit (or cause to be directly or indirectly solicited) for employment or hire any Business Employee who is, as of the date hereof or as of the Closing, an officer or management employee of the Business reflected in the records of Seller as
holding a Global Job Level of 7 or higher (any such employee, a &#147;<B>Covered Employee</B>&#148;). The foregoing shall not (i)&nbsp;restrict Seller or its Affiliates from engaging in generalized searches for employees through media advertisements
of general circulation, employment search firms, open job fairs or other similar means which are not specifically targeted at such Covered Employees (for the avoidance of doubt, clause (i)&nbsp;shall not be deemed to permit the hiring of any Covered
Employee), (ii) apply to any Covered Employee whose employment is terminated by Buyer or any of its Affiliates (including any Purchased Subsidiary) at least six months prior to commencement of employment discussions with Seller or its Affiliates or
(iii)&nbsp;prohibit the employment of Covered Employees who are Seconded Employees during the Secondment Period pursuant to the Secondment Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Seller and Buyer acknowledge that: (i)&nbsp;the obligations under this <U>Section</U><U></U><U>&nbsp;7.06</U> are reasonable in the
context of the nature of the Business and the Retained Business and the competitive injuries likely to be sustained by the Business and Buyer and the Retained Business and Seller, as the case may be, if Seller or Buyer or any of their respective
Affiliates were to violate such obligations; (ii)&nbsp;the covenants in this <U>Section</U><U></U><U>&nbsp;7.06</U> are adequately supported by consideration from each party for the benefit of the other party and were a material inducement to such
party to enter into this Agreement and (iii)&nbsp;the foregoing makes it necessary for the protection of the Business and Buyer and the Retained Business and Seller, as the case may be, that Seller and Buyer uphold their respective obligations under
this <U>Section</U><U></U><U>&nbsp;7.06</U> for the reasonable time period contained herein and therein. If any provision in this <U>Section</U><U></U><U>&nbsp;7.06 </U>shall for any reason be held invalid, illegal or unenforceable in any respect,
such invalidity, illegality or unenforceability shall not affect any other provisions of this <U>Section</U><U></U><U>&nbsp;7.06</U>, but this <U>Section</U><U></U><U>&nbsp;7.06</U> shall be construed as if such invalid, illegal or unenforceable
provision had never been contained herein. It is the intention of the parties that if any of the restrictions or covenants contained herein is held to cover a geographic area or to be for a length of time which is not permitted by Applicable Law, or
in any way construed to be too broad or to any extent invalid, such provision shall not be construed to be null, void and of no effect, but to the extent such provision would be valid or enforceable under Applicable Law, a court of competent
jurisdiction shall construe and interpret or reform this <U>Section</U><U></U><U>&nbsp;7.06</U> to provide for a covenant having the maximum enforceable geographic area, time period and other provisions (not greater than those contained herein) as
shall be valid and enforceable under such Applicable Law. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.08. <I>Waiver of Conflicts Regarding Representation; Nonassertion of
Attorney-Client Privilege</I>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Buyer waives and agrees not to assert, and agrees to cause its Affiliates (including, after the
Closing, the Purchased Subsidiaries) to waive and not to assert, any conflict of interest arising out of or relating to the representation, after the Closing (the &#147;<B>Post-Closing Representation</B>&#148;), of Seller or any of its Affiliates or
any shareholder, officer, employee or director of Seller or any of its Affiliates (any such Person, a &#147;<B>Designated Person</B>&#148;) in any matter involving or relating to this Agreement or any other Transaction Document or the transactions
contemplated hereby or thereby, by any legal counsel currently representing Seller or any of its Affiliates, including any Purchased Subsidiary, in connection with this Agreement or any other Transaction Document or the transactions contemplated
hereby or thereby (the &#147;<B>Current Representation</B>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Buyer waives and agrees not to assert, and agrees to cause its
Affiliates (including, after the Closing, the Purchased Subsidiaries) to waive and to not assert, any attorney-client privilege with respect to any communication between any legal counsel and any Designated Person to the extent related to the
Current Representation in connection with any Post-Closing Representation, including in connection with a dispute with Buyer or any of its Affiliates, and following the Closing, with any Purchased Subsidiary, it being the intention of the parties
hereto that all such rights to such attorney-client privilege and to control such attorney-client privilege shall be retained by Seller; <I>provided</I>, that the foregoing waiver and acknowledgement of retention shall not extend to any
communication not involving this Agreement or any other Transaction Document or the transactions contemplated hereby or thereby, or to communications with any Person other than the Designated Persons and their advisers. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Buyer, on behalf of itself and its Affiliates (including, after the Closing, the Purchased Subsidiaries) agrees that no communications
(including email or other written communications) subject to attorney-client privilege in connection with the Current Representation shall be subject to disclosure, directly or indirectly, to Buyer or any Person acting on behalf of Buyer, and the
Purchased Subsidiaries shall, without the necessity of further documentation of transfer, be deemed to have irrevocably assigned and transferred to Seller the attorney-client privilege and expectation of client confidence with respect to all such
communications, and all books and records and other documents of the Purchased Subsidiaries containing any such advice, communication or other materials, and the same shall be controlled by Seller and shall not be claimed by, Buyer or any Purchased
Subsidiary. Notwithstanding anything to the contrary in this Agreement, Buyer may assert the attorney-client privilege with respect to any such communications in any Action or other proceeding that is not adverse to Seller or any of its Affiliates.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Nothing in this <U>Section</U><U></U><U>&nbsp;7.08(d)</U> is intended to or shall be deemed to operate as a waiver of any applicable
privilege or protection that could be asserted to prevent disclosure of any confidential communication by any legal counsel currently representing Seller or any of its Affiliates, including any Purchased Subsidiary. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.09. <I>Access to Information; Cooperation</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) From the date hereof until the Closing Date (or, if earlier, the termination of this Agreement), and subject to Applicable Law and the
Confidentiality Agreement, Seller will (i)&nbsp;give Buyer, its counsel and other authorized Representatives reasonable access to the properties, books and records of the Business, (ii)&nbsp;furnish to Buyer, its counsel and other authorized
Representatives such financial and operating data and other information relating to the Business as such Persons may reasonably request, (iii)&nbsp;instruct the employees (including, for the avoidance of doubt, IT employees), independent
accountants, counsel and financial advisors of Seller to reasonably cooperate with Buyer in its investigation of the Business and (iv)&nbsp;cooperate on employee and employee benefit transition matters, including, without limitation, distributing
information to employees and instructing employees to cooperate with Buyer with respect to employee onboarding and benefit plan enrollment. Notwithstanding the foregoing, Buyer and its agents shall not have access (A)&nbsp;to any properties of the
Business, including the Purchased Subsidiaries, the Purchased Assets and Leased Real Property, for purposes of conducting any sampling or other invasive investigation, including of the air, soil, soil gas, surface water, groundwater, building
materials or other environmental media, or (B)&nbsp;to any information to the extent relating to any Retained Business or (C)&nbsp;any Seller Tax Records, <I>provided</I>, that Seller shall extract from Seller Tax Records and provide to Buyer
information solely related to the Purchased Subsidiaries, the Purchased Assets, the Assumed Liabilities or the Business as reasonably requested by Buyer. Subject to Applicable Law and the Confidentiality Agreement, no earlier than five
(5)&nbsp;Business Days prior to the Closing, at the request of Buyer, Seller shall provide reasonable access to the Shanghai Store and the Korea Store (each as defined in the Disclosure Schedule) for the purpose of allowing the Buyer to implement
Buyer&#146;s cash machine and related IT Systems in the Shanghai Store and the Korea Store, as applicable. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) From and after the Closing
Date, and subject to Applicable Law, upon request of the other party, Seller and Buyer will give the other party and its authorized Representatives reasonable access to its properties, books, records, employees and auditors (i)&nbsp;to the extent
necessary to prepare and review the Final Closing Statement and the calculations therein and (ii)&nbsp;to the extent necessary to permit such other party to comply with its financial reporting, accounting or auditing obligations with respect to any
period ending before the Closing Date with respect to the Business. Notwithstanding anything to the contrary contained in this Agreement, with respect to any information furnished by Buyer, Seller or any of their respective Subsidiaries to the other
party pursuant to this <U>Section</U><U></U><U>&nbsp;7.09(b)</U>, the Confidentiality Agreement shall continue in full force and effect in accordance with its terms for a period of two (2)&nbsp;years following such party&#146;s receipt of such
information. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Any access granted to either party or its Representatives pursuant to this <U>Section</U><U></U><U>&nbsp;7.09</U> shall
be conducted in such manner as not to interfere unreasonably with the conduct of the business of the party granting such access. The party to whom such access or other cooperation is granted pursuant to this <U>Section</U><U></U><U>&nbsp;7.09</U>
shall bear all of the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> costs and expenses (including attorneys&#146; fees, but excluding reimbursement for general overhead, salaries and employee benefits)
reasonably incurred by the other party or its Representatives in connection therewith. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Notwithstanding anything to the contrary contained herein, nothing in this
<U>Section</U><U></U><U>&nbsp;7.09</U> shall require (i)&nbsp;Seller or Buyer, as applicable, to provide the other party or its Representatives with access to (x)&nbsp;personnel records of employees relating to individual performance or evaluation
records, medical histories or other information which, in the disclosing party&#146;s good faith opinion, the disclosure of which would violate Applicable Law or could subject such party or its Affiliates to risk of Liability or (y)&nbsp;information
the disclosure of which, in the disclosing party&#146;s good faith opinion would conflict with confidentiality obligations to which such party or any of its Affiliates is bound or would reasonably be expected to result in the forfeiture or waiver of
any attorney-client or similar privilege; <I>provided</I>, that, in the case of this clause (y), the disclosing party shall use reasonable best efforts to provide the other party, to the extent possible, with access to the relevant information in a
manner that would not reasonably be expected to result in the forfeiture or waiver of any such attorney-client or similar privilege, (ii)&nbsp;either party&#146;s independent accountants to make available to the other party or its Representatives
any work papers unless and until such Person has signed a customary confidentiality and hold harmless agreement relating to such access to work papers in form and substance reasonably acceptable to such independent accountants or (iii)&nbsp;Seller
or Buyer, as applicable, to provide the other party or its Representatives access or information in connection with any Action in which Seller or any Retained Subsidiary is an adverse party to Buyer. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.10. <I>Replacement of Guaranties</I>. Buyer and Seller shall each use its reasonable best efforts to cooperate in an effort to
cause the replacement, effective as of the Closing, of the guaranties listed in <U>Section</U><U></U><U>&nbsp;7.10</U> of the Disclosure Schedule (collectively, the &#147;<B>Substituted Guaranties</B>&#148;); <I>provided</I> that neither Seller nor
any of Seller&#146;s Subsidiaries shall have any obligations to make payments or incur any costs or expenses, grant any concession or incur any other liability in connection with such cooperation pursuant to this
<U>Section</U><U></U><U>&nbsp;7.10</U> except to the extent Buyer agrees to promptly reimburse Seller or any of its respective Subsidiaries (and without limiting Seller&#146;s obligation to indemnify Buyer for Indemnified Taxes); <I>provided</I>
<I>further</I>, that if any such guaranty is not replaced effective as of the Closing, Buyer and Seller shall continue to use their respective reasonable best efforts to cause the replacement of any unreplaced guaranties. Without limiting the
foregoing, neither Buyer nor any of its Subsidiaries shall extend or renew any Contract containing or underlying a Substituted Guaranty unless, prior to or concurrently with such extension or renewal, Buyer or one of its respective Affiliates (as
applicable) is substituted in all respects for Seller and any of its respective Affiliates (as applicable), and Seller and its respective Affiliates are released in respect of all obligations of Seller and such Affiliates under such Substituted
Guaranty. In no event shall Seller or any of its Subsidiaries be obligated to pay any money to any person to effect the replacements described in this <U>Section</U><U></U><U>&nbsp;7.10</U>. Buyer shall indemnify Seller and its Affiliates against
any and all Liabilities and other Damages incurred or suffered by any such Person arising out of or resulting from the exercise by any third party of its rights against Seller or any of its Affiliates under any guaranty or other similar arrangement
provided by Seller or any of its Affiliates in respect of any Liability of any Purchased Subsidiary or any Assumed Liability, to the extent Seller or its Affiliates are required to make any payment thereunder as a result of a failure by Buyer to
perform the applicable obligation to such guaranties. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.11. <I>Supreme Marks.</I><I> </I> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Following the Closing, Seller and its Affiliates shall have no right, title or interest in or to the Supreme Marks except as granted in
this <U>Section</U><U></U><U>&nbsp;7.11</U>, under <U>Section</U><U></U><U>&nbsp;2.12</U> or under the Continuing Collaboration Agreements. Seller hereby acknowledges and agrees that, following the Closing, neither it nor any of its Affiliates shall
acquire any goodwill, rights or benefits arising from the Supreme Marks and that all such goodwill, rights and benefits shall inure solely to Buyer. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Effective as of the Closing Date, Buyer (on behalf of itself and its Affiliates
(including the Purchased Subsidiaries)) hereby grants to Seller and its Affiliates a limited, <FONT STYLE="white-space:nowrap">non-exclusive,</FONT> <FONT STYLE="white-space:nowrap">non-transferable,</FONT>
<FONT STYLE="white-space:nowrap">non-sublicensable</FONT> (except to the extent sublicensed in the conduct of the Retained Business immediately prior to the Closing Date), royalty-free license, for a term of ninety (90)&nbsp;days following the
Closing Date, to use the Supreme Marks solely in connection with the operation of the Retained Business as such Supreme Marks were used therein immediately prior to the Closing Date (it being understood that (i)&nbsp;neither the Seller nor its
Affiliates shall apply the Supreme Marks to, or otherwise use the Supreme Marks on or in connection with, any goods, products or services, except to the extent use of the Supreme Marks is required or permitted under and for the duration of the
Continuing Collaboration Agreements, solely to the extent provided therein, (ii)&nbsp;any use by the Seller or its Affiliates of the Supreme Marks during the limited license period as provided herein shall be subject to compliance in all respects
with all style and other usage guidelines provided to Seller in writing which are in effect for the Supreme Marks immediately prior to the Closing), and (iii)&nbsp;with respect to the matters set forth on <U>Section</U><U></U><U>&nbsp;2.12</U> of
the Disclosure Schedule, references to the Closing Date in this <U>Section</U><U></U><U>&nbsp;7.11(b)</U> shall be construed in a manner consistent with <U>Section</U><U></U><U>&nbsp;2.12</U> of the Disclosure Schedule. Except as otherwise expressly
permitted pursuant to this <U>Section</U><U></U><U>&nbsp;7.11(b)</U>, promptly after the Closing Date (and in any event within ninety (90)&nbsp;days thereafter), Seller shall, and shall cause its Affiliates to cease any and all use of the Supreme
Marks, including by removing the Supreme Marks from any and all assets, stationery, forms, supplies, displays, advertisements and other promotional materials, communications, website content, other internet or electronic communication vehicles and
other documents and materials within the possession or control of Seller or its Affiliates, or remove, destroy or strike over all Supreme Marks from the foregoing, except to the extent (x)&nbsp;use of the Supreme Marks is required or permitted under
and for the duration of the Continuing Collaboration Agreements to which Seller or any of the Retained Subsidiaries is party which are existing as of the Closing Date, or (y)&nbsp;such materials are used solely for internal business purposes (in
which case Seller shall and shall cause its Affiliates to phase out and dispose of such materials in the ordinary course of business). For the avoidance of doubt, nothing in <U>Section</U><U></U><U>&nbsp;2.12</U> shall be construed to limit Seller
and its Affiliates&#146; rights to use the Supreme Marks as contemplated by this <U>Section</U><U></U><U>&nbsp;7.11(b)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Nothing
herein shall prohibit Seller or any of its Affiliates from using the Supreme Marks in a <FONT STYLE="white-space:nowrap">non-trademark</FONT> manner for purposes of conveying to customers or the general public the historical origins of the Business,
or otherwise using the Supreme Marks in a manner that would constitute a &#147;fair use&#148; under Applicable Law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.12.
<I>R&amp;W Insurance Policy</I>. Buyer shall obtain a representations and warranties insurance policy with respect to the representations or warranties of Seller set forth in <U>Article 3</U> of this Agreement (each, a &#147;<B>R&amp;W Insurance
Policy</B>&#148;). Each such R&amp;W Insurance Policy shall at all times provide that: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) the insurer shall have no, and shall waive and
not pursue any and all, subrogation rights against Seller or any of its Affiliates; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Seller is a third party beneficiary of such waiver; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) the Buyer shall have no obligation to pursue any claim against Seller in connection with any damage, loss, liability or expense. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.13. <I>Misallocated Assets</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) If, at any time after the Closing, Buyer or the Purchased Subsidiaries, on the one hand, or Seller and its Affiliates, on the other hand,
is or becomes aware that any asset (including cash) owned, received or held by a Purchased Subsidiary or any of its Affiliates, or to which a Purchased Subsidiary or any of its Affiliates has title or otherwise a beneficial or other interest
therein, is an asset that is primarily used (or held for use) for, or is primarily related to any Retained Business or is otherwise contemplated by this Agreement to be retained by Seller and the Retained Subsidiaries under this Agreement (each, an
&#147;<B>Excluded Asset</B>&#148;), it shall promptly inform the other party of such fact in writing and (i)&nbsp;the Purchased Subsidiaries shall return or transfer and convey (without further consideration) to Seller or the appropriate Affiliate
of Seller such Excluded Asset; or (ii)&nbsp;Buyer and the Purchased Subsidiaries shall, and shall cause their appropriate Affiliates to, (A)&nbsp;if such Excluded Asset cannot be so returned, transferred or conveyed, enter into such reasonable
arrangements (including <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">back-to-back</FONT></FONT> subleasing, sublicensing, subcontracting or other similar arrangements) as shall enable Seller and its applicable Affiliates to
enjoy the benefits and bear the burdens of the applicable Excluded Asset as if such conveyance had occurred as of the Closing and (B)&nbsp;execute such documents or instruments of conveyance and take such further acts as are reasonably necessary or
desirable to effect the transfer of such Excluded Asset back to Seller or its appropriate Affiliate, in each case such that each party is put into the same economic position as if such action had been taken on or prior to the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) If, at any time after the Closing, Buyer and the Purchased Subsidiaries, on the one hand, or Seller and its Affiliates, on the other hand,
is or becomes aware that any asset (including cash) owned, received or held by any Seller or any of its Affiliates, or to which any Seller or any of its Affiliates has title or otherwise a beneficial or other interest therein, is an asset that is
primarily used (or held for use) for or is primarily related to the Business or is otherwise contemplated to be transferred to Buyer or the Purchased Subsidiaries under this Agreement (each, a &#147;<B>Business Asset</B>&#148;), it shall promptly
inform the other party of such fact in writing and (i)&nbsp;Seller shall, and shall cause its applicable Affiliate to, return or transfer and convey (without further consideration) to the Buyer such Business Asset or (ii)&nbsp;Seller and the
Purchased Subsidiary shall, and shall cause their appropriate Affiliates to, (A)&nbsp;if such Business Asset cannot be so returned, transferred or conveyed, enter into such reasonable arrangements (including <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">back-to-back</FONT></FONT> subleasing, sublicensing, subcontracting or other similar arrangements) as shall enable the Purchased Subsidiaries to enjoy the benefits and bear the burdens of the applicable Business Asset as
if such conveyance had occurred as of the Closing and (B)&nbsp;execute such documents or instruments of conveyance or assumption and take such further acts as are reasonably necessary or desirable to effect the transfer of such Business Asset back
to the Purchased Subsidiaries, in each case such that each party is put into the same economic position as if such action had been taken on or prior to the Closing Date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ARTICLE 8 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">T<SMALL>AX</SMALL> M<SMALL>ATTERS</SMALL> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.01. <I>Preparation of Tax Returns; Allocation of Taxes</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Seller shall timely file or cause to be timely filed, when due (taking into account any extension of a required filing date), all Tax
Returns with respect to Combined Taxes of the Seller Group for all taxable periods (such Tax Returns, &#147;<B>Seller Group Tax Returns</B>&#148;), and shall timely pay all Taxes due and owing with such Seller Group Tax Returns. Each such Seller
Group Tax Return, solely as it relates to any Purchased Subsidiary, shall be prepared in a manner consistent with past practice (taking into account the effects of any <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfer) of the Seller
Group, unless otherwise required by Applicable Law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Seller shall timely file or cause to be timely filed, when due (taking into
account any extension of a required filing date), all Tax Returns (other than Seller Group Tax Returns) with respect to the Purchased Subsidiaries or Purchased Assets that are required to be filed on or prior to the Closing Date and shall timely pay
all Taxes due and owing with such Tax Returns. Each such Tax Return (i)&nbsp;shall be prepared in a manner consistent with past practice (taking into account the effects of any <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfer) of the
relevant Purchased Subsidiary or with respect to the relevant Purchased Assets unless otherwise required by Applicable Law (as determined in good faith consultation with Buyer), and by including all Transaction Tax Deductions in the <FONT
STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Periods solely if and to the extent such Transaction Tax Deductions are properly allocable to the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period at a level of comfort of &#147;more
likely than not&#148; or greater, and (ii)&nbsp;with respect to any such Income or other material Tax Return, shall be submitted by Seller to Buyer for Buyer&#146;s review and comment at least twenty (20)&nbsp;days prior to the due date (including
any applicable extension), for filing such Tax Return. Seller shall incorporate Buyer&#146;s reasonable comments to any such Tax Return. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Buyer shall prepare and timely file, or cause to be prepared and timely filed (taking into account any extension of a required filing
date), all Tax Returns with respect to the Purchased Subsidiaries or solely relating to Purchased Assets (for the avoidance of doubt, other than any Seller Group Tax Return) for taxable periods ending on or prior to the Closing Date and required to
be filed after the Closing Date and for any Straddle Tax Period. Seller shall pay, or cause to be paid, to Buyer or its designee all Taxes of the Purchased Subsidiaries or with respect to the Purchased Assets due with respect to such Tax Returns to
the extent allocable to the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period no later than five (5)&nbsp;days after Buyer notifies Seller in writing that it has filed, or caused to be filed, such Tax Returns and paid, or caused to be
paid, the Taxes reflected as due on such Tax Returns; <I>provided</I>, that Seller shall not be required to pay or cause to be paid any such Taxes to the extent such Taxes specifically were included as a liability in Closing Indebtedness or Closing
Net Working Capital. Any such Tax Return (i)&nbsp;shall be prepared in a manner consistent with past practice (taking into account the effects of any <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfer) of the relevant Purchased Subsidiary
or with respect to the relevant Purchased Assets unless otherwise required by Applicable Law (as determined in good faith consultation with Seller), and by including all Transaction Tax Deductions in the
<FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Periods solely if and to the extent such Transaction Tax Deductions are properly allocable to the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period at a level of comfort of
&#147;more likely than not&#148; or greater, and (ii)&nbsp;with respect to any such Income Tax or other material Tax Return, shall be submitted by Buyer to Seller for its review and approval at least twenty (20)&nbsp;days prior to the due date
(including any applicable extension) for filing such Tax Return. Buyer shall incorporate Seller&#146;s reasonable comments to any such Tax Return. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) For purposes of this Agreement, in the case of any Straddle Tax Period, the portion of
such Taxes from any such Straddle Tax Period that are allocated to the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period will be determined as follows: (i)&nbsp;in the case of any real property, personal property, ad valorem and similar
Taxes (collectively, &#147;<B>Property Taxes</B>&#148;), the amount of such Property Taxes attributable to the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period of such Straddle Tax Period will be deemed to be the amount of such
Property Taxes for the entire Straddle Tax Period, multiplied by a fraction, the numerator of which is the number of days in such Straddle Tax Period ending on and including the Closing Date, and the denominator of which is the number of total days
in the entire Straddle Tax Period; and (ii)&nbsp;in the case of any other Taxes that are not Property Taxes or Transfer Taxes, the amount of any such Taxes attributable to the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period of such
Straddle Tax Period will be computed based on the interim closing of the books as of and including the Closing Date; <I>provided</I>, <I>however</I>, that exemptions, allowances or deductions that are calculated on an annual basis, such as the
deduction for amortization or depreciation, shall be apportioned on a daily basis (notwithstanding that such exemptions, allowances or deductions may under applicable law be determined solely at the end of or following the Tax period); <I>provided,
further</I>, that any Taxes of any Purchased Subsidiary arising as a result of any income inclusion under Sections 951 or 951A of the Code shall be deemed to arise in a <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period to the extent
such inclusion is attributable to the income of a <FONT STYLE="white-space:nowrap">non-U.S.</FONT> entity arising in any <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period with such inclusion calculated as if the taxable year (as
determined for U.S. federal income tax purposes) of such <FONT STYLE="white-space:nowrap">non-U.S.</FONT> entity ended on the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) Notwithstanding anything to the contrary herein, all Transfer Taxes imposed in connection with the purchase and sale of the Purchased
Subsidiaries and Purchased Assets, and the assumption of the Assumed Liabilities, pursuant to this Agreement shall be borne equally by Buyer and Seller. Seller shall file (or cause to be filed) all necessary Tax Returns in respect of Transfer Taxes
that are required by Applicable Law to be filed solely by Seller. Buyer shall file (or cause to be filed) all other Tax Returns in respect of Transfer Taxes. If required by Applicable Law, Seller and Buyer shall, and shall cause their respective
Affiliates to, cooperate in preparing and filing and join in the execution of any such Tax Returns. Each of Buyer and Seller shall (i)&nbsp;for any Transfer Taxes in respect of which it is required to file Tax Returns pursuant to this
<U>Section</U><U></U><U>&nbsp;8.01(e)</U>, pay to the relevant Taxing Authority any Transfer Taxes shown as due on such Tax Returns, and (ii)&nbsp;for any Transfer Taxes in respect of which the other party is required to file Tax Returns pursuant to
this <U>Section</U><U></U><U>&nbsp;8.01(e)</U>, pay to the other party, within two (2)&nbsp;Business Days prior to the due date for such Transfer Taxes, any portion of such Transfer Taxes that it is required to bear under this
<U>Section</U><U></U><U>&nbsp;8.01(e)</U>. Notwithstanding the foregoing, any Transfer Taxes incurred in connection with <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers shall be borne solely by Seller. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.02. <I>Cooperation on Tax Matters</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Subject to <U>Section</U><U></U><U>&nbsp;8.02(b)</U>, Buyer and Seller agree to furnish or cause to be furnished to each other, upon
request, as promptly as practicable, such information and assistance relating to the Purchased Assets, the Assumed Liabilities and the Purchased Subsidiaries (including access to books and records) as is reasonably necessary for the filing of all
Tax Returns, the making of any election relating to Taxes, the preparation for any audit by any Taxing Authority, and the prosecution or defense of any claim, suit or proceeding relating to any Tax. Buyer and Seller shall (i)&nbsp;retain all books
and records with respect to Taxes pertaining to the Purchased Assets, the Assumed Liabilities or the Purchased Subsidiaries until the expiration of any applicable statute of limitations and abide by all record retention agreements entered into with
any Taxing Authority for all periods required by such Taxing Authority, and (ii)&nbsp;use reasonable best efforts to provide the other party with at least 30 days&#146; prior written notice before destroying any such books and records, during which
period the party receiving the notice can elect to take possession, at its own expense, of such books and records. Seller and Buyer shall cooperate with each other fully, as and to the extent reasonably requested by the other party, in the conduct
of any audit or other proceeding relating to Taxes involving the Business, the Purchased Assets, the Assumed Liabilities or the Purchased Subsidiaries. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Notwithstanding anything to the contrary in this Agreement, Seller and its Affiliates shall not be required at any time to provide to
Buyer any right to access or to review any Tax Return or Tax work papers of Seller, any Seller Group or any Affiliate of Seller except to the extent solely related to the Purchased Subsidiaries (such Tax Returns or Tax work papers, the
&#147;<B>Seller Tax Records</B>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.03. <I>Refunds</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Seller shall be entitled to the amount of any Tax refunds (or any Tax credits received in lieu thereof) that are actually received in cash
(or utilized, in the case of a credit) by Buyer, any Purchased Subsidiary, any of their respective Affiliates, in each case, for any <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period ending on the Closing Date or the portion of any
Straddle Tax Period ending on the Closing Date (or the immediately preceding Tax period), in each case, to the extent such Tax refund (or credit in lieu thereof) is attributable to Taxes of any Purchased Subsidiary for a <FONT
STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period for which Seller or its Affiliates (including prior to the Closing, the Purchased Subsidiaries) were economically responsible (any such Tax refund or credit in lieu thereof, a &#147;<B>Tax
Refund</B>&#148;), including, for the avoidance of doubt, any Tax Refund listed on <U>Section</U><U></U><U>&nbsp;8.03(a)</U> of the Disclosure Schedule; <I>provided</I>, that Seller shall not be entitled to the amount of any Tax refunds or credits
in lieu thereof, and such amounts shall not constitute Tax Refunds, to the extent (A)&nbsp;such amounts had the effect of reducing the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Amount or the Final Purchase Price, or (B)&nbsp;such
refunds or credits are the result of a carryback of a loss or other Tax asset or attribute generated after the Closing Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Buyer
shall promptly pay, or cause to be paid, to Seller any Tax Refund that Seller is entitled to pursuant to this <U>Section</U><U></U><U>&nbsp;8.03</U> within thirty (30)&nbsp;days of the actual receipt (or, in the case of a credit, the filing of a Tax
Return utilizing such credit) of the Tax Refund giving rise to Buyer&#146;s obligation to make a payment pursuant to this <U>Section</U><U></U><U>&nbsp;8.03</U> with respect thereto; <I>provided</I> that such payment shall be net of any costs or
expenses of Buyer or any of its Affiliates (including, after the Closing, the Purchased Subsidiaries) incurred in obtaining or paying over the Tax Refund. Notwithstanding the foregoing, if any Tax Refund to which Seller would be entitled pursuant to
this <U>Section</U><U></U><U>&nbsp;8.03 </U>is the subject of a pending Tax audit or other similar proceeding or of which Buyer, any Purchased Subsidiary, or any of their respective Affiliates has been notified no later than twenty (20)&nbsp;days
following the receipt of such Tax Refund (or use of any credit received in lieu of a refund) that such Tax Refund is or will be the subject of a Tax audit or other similar proceeding, Seller shall not be entitled to such Tax Refund until the
completion of such audit or proceeding. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Notwithstanding anything to the contrary in this Agreement, Buyer and its Affiliates
(including the Purchased Subsidiaries) shall not be required to seek or otherwise obtain any Tax refund or credit in lieu thereof for any taxable period, if such action would have an adverse effect on Buyer or any of its Affiliates. In the event any
amount of any Tax Refund previously paid to Seller pursuant to this <U>Section</U><U></U><U>&nbsp;8.03</U> is clawed back or otherwise required to be repaid to the applicable Taxing Authority, Seller shall promptly (and in all events, within ten
(10)&nbsp;days of Buyer&#146;s written request) pay such amount (together with any penalties and interest in relation thereto) back to Buyer to be repaid to the applicable Taxing Authority. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) For applicable Tax purposes, the Seller and Buyer and each of their respective Affiliates shall treat all payments made pursuant to this
<U>Section</U><U></U><U>&nbsp;8.03</U> as an adjustment to the Purchase Price for Tax purposes to the maximum extent permitted by Applicable Law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.04. <I>Buyer Post-Closing Covenants</I>. Unless otherwise (i)&nbsp;required by Applicable Law (as determined by Buyer in good
faith in consultation with Seller) or (ii)&nbsp;permitted by this Agreement without the prior consent of Seller, Buyer shall not and shall not cause or permit any Purchased Subsidiary or any Affiliate of Buyer to (A)&nbsp;take any action on the
Closing Date outside of the ordinary course of business, (B)&nbsp;make or change any Tax election with respect to a <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period or which would have retroactive effect to a <FONT
STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period (for the avoidance of doubt, excluding any election under Section&nbsp;338 of the Code permitted under this Agreement), (C) amend any Tax Return for any
<FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period, or (D)&nbsp;voluntarily initiate any communications with any Taxing Authority or enter into any voluntary disclosure or similar process with respect to a
<FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period, in the case of each of the foregoing clauses (A) through (D)&nbsp;solely if and to the extent such action would be reasonably expected to result in any increased Tax liability of Seller
or the Seller Group in respect of any <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Tax Period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.05. <I>Tax
Elections</I>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) <I>Section 338(g) Election</I>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Notwithstanding anything to the contrary in this Agreement, Buyer (i)&nbsp;in its sole and absolute discretion shall be
permitted to (but shall have no obligation to) make or cause any of its Affiliates (including any Purchased Subsidiaries) to make an election under Section&nbsp;338(g) of the Code (a &#147;<B>Section</B><B></B><B>&nbsp;338(g) Election</B>&#148;)
with respect to each of Ciliegia Srl and Kirsche GmbH, and (ii)&nbsp;except as provided in the next sentence, shall not make a Section&nbsp;338(g) Election with respect to VH CH Apollo Sagl. Notwithstanding anything to the contrary in this
Agreement, if requested by Seller (and only if requested by Seller) in writing, Buyer shall make or cause any of its Affiliates (including any Purchased Subsidiaries) to make a Section&nbsp;338(g) Election with respect to VF CH Apollo Sagl. Seller
and its Affiliates shall cooperate in good faith with Buyer and its Affiliates (including the Purchased Subsidiaries) and use their reasonable best efforts to provide Buyer and its Affiliates (including the Purchased Subsidiaries) with any
assistance reasonably requested by Buyer in connection with making such elections with respect to such Purchased Subsidiaries. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) If a Section&nbsp;338(g) Election is made pursuant to
<U>Section</U><U></U><U>&nbsp;8.05(a)(i)</U> with respect to a Purchased Subsidiary, within one hundred twenty (120)&nbsp;calendar days after the Closing, Buyer shall prepare a determination of the Aggregate Deemed Sales Price
(&#147;<B>ADSP</B>&#148;) (as defined in the applicable Treasury Regulations under Section&nbsp;338 of the Code) and a proposed allocation of the ADSP among the assets of the applicable Purchased Subsidiary, which allocation shall be based on and
consistent with the Allocation (the &#147;<B>Proposed Section</B><B></B><B>&nbsp;338(g) Allocation</B>&#148;) and shall deliver the Proposed Section&nbsp;338(g) Allocation to Seller. Buyer and the Seller (and any applicable Affiliate) shall consult
in good faith with regard to the determination of the ADSP and the Proposed Section&nbsp;338(g) Allocation; <I>provided</I>, <I>however</I>, that if Buyer and Seller do not agree on the Proposed Section&nbsp;338(g) Allocation, the procedures and
dispute resolution methodology in Section&nbsp;2.05(b) shall apply to such dispute <I>mutatis mutandis</I>. As soon as practicable after the agreement of the parties or the resolution of any dispute as to the Proposed Section&nbsp;338(g) Allocation
(as finally agreed or resolved, the &#147;<B>Final Section</B><B></B><B>&nbsp;338(g) Allocation</B>&#148;), Buyer shall prepare consistently therewith IRS Form 8883 and any similar forms required by applicable state and local Tax laws (collectively,
the &#147;<B>Section</B><B></B><B>&nbsp;338(g) Allocation Forms</B>&#148;), and promptly deliver copies of the Section&nbsp;338(g) Allocation Forms to Seller. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) Buyer, the applicable Purchased Subsidiary, Seller and any of its applicable Affiliates shall file all Tax Returns
(including but not limited to the Section&nbsp;338(g) Allocation Forms) consistent with the Final Section&nbsp;338(g) Allocation and shall not take any action inconsistent therewith upon any audit or examination of any Tax Return or in any other
filing or proceeding relating to Taxes, unless required pursuant to a determination as defined in Section&nbsp;1313(a) of the Code or any similar provision of any state or local Tax law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) If a Section&nbsp;338(g) Election is not made for VF CH Apollo Sagl pursuant to Section&nbsp;8.05(a)(i), Seller shall elect (or cause its
relevant Affiliate to elect) pursuant to Treasury Regulations <FONT STYLE="white-space:nowrap">Section&nbsp;1.245A-5(e)(3)(i)</FONT> to close the taxable year of VF CH Apollo Sagl. Seller and Buyer shall cooperate with each other to take all actions
necessary and appropriate (including entering into any agreements and filing such additional forms, returns, or other documents as may be required) to effect and preserve such election in accordance with the provisions of Treasury Regulation <FONT
STYLE="white-space:nowrap">Section&nbsp;1.245A-5(e)(3)(i)</FONT> (or any similar provision of any state or local Tax law). Not later than one hundred and twenty (120)&nbsp;days following the Closing Date, Seller shall notify Buyer in writing as to
whether a Section&nbsp;338(g) Election shall be made with respect to VF CH Apollo Sagl or, if not, confirming an election under Treasury Regulations <FONT STYLE="white-space:nowrap">Section&nbsp;1.245A-5(e)(3)(i)</FONT> with respect to VF CH Apollo
Sagl is being made. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Seller shall make an election under Treasury Regulations
<FONT STYLE="white-space:nowrap">Section&nbsp;1.1502-36(d)(6)(i)</FONT> to reduce Seller&#146;s Tax basis in the shares of the U.S. Purchased Subsidiary up to the amount necessary to avoid any reduction in the Tax attributes of the U.S. Purchased
Subsidiaries under Treasury Regulations <FONT STYLE="white-space:nowrap">Section&nbsp;1.1502-36(d);</FONT> provided, that, notwithstanding the foregoing, the amount of such reduction shall not exceed the amount which would result in Seller
recognizing a capital loss, after taking into account the effect of such election, on the sale of the shares of the U.S. Purchased Subsidiary in an amount that is less than the sum of (i)&nbsp;the amount of capital gain that the U.S. Purchased
Subsidiaries will recognize by reason of the occurrence of a gain recognition event with respect to the gain recognition agreement entered into in connection with the sale of Wooster GK in a prior year, and (ii)&nbsp;the amount of capital gain, if
any, recognized by the U.S. Purchased Subsidiaries with respect to any excess loss account attributable to the distribution, if any, of any intercompany obligation by Chapter 4 Corp. to Supreme Holdings, Inc. pursuant to the <FONT
STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.06. <I>Tax Sharing</I>. Any and all existing Tax Sharing
Agreements between the Purchased Subsidiaries and any member of the Seller Group shall be terminated as of the Closing Date. After such date none of the Purchased Subsidiaries, Seller nor any Affiliate of Seller shall have any further rights or
liabilities thereunder (except for the rights and obligations with respect to Indemnified Taxes under this Agreement). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.07.
<I>Tax Indemnification</I>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Effective at and after the Closing, Seller shall pay, defend, discharge and indemnify the Buyer
Indemnified Parties against, and hold each of them harmless from, any and all Indemnified Taxes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Effective at and after the Closing,
Buyer shall pay, defend, discharge and indemnify the Seller and its Affiliates against, and hold each of them harmless from, (i)&nbsp;any and all Taxes imposed on Seller or any of its Affiliates (a)&nbsp;arising as a result of any breach by Buyer or
any of its Affiliates (including, after the Closing Date, the Purchased Subsidiaries) of any covenant included in this Article 8, and (b)&nbsp;with respect to the Purchased Assets attributable to any Post-Closing Tax Period and (ii)&nbsp;reasonable
and documented <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> expenses, including attorney&#146;s fees, incurred in connection with any of the foregoing. For the avoidance of doubt, Buyer shall not be
required to indemnify Seller for (x)&nbsp;any amounts constituting Indemnified Taxes or (y)&nbsp;any Taxes attributable to any breach by Seller or any of its Affiliates (including, prior to the Closing, the Purchased Subsidiaries) of any covenant
included in this <U>Article 8</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Payment in full of any amount due from Seller or Buyer, as applicable, under this
<U>Section</U><U></U><U>&nbsp;8.07</U> shall be made to the relevant indemnified party in immediately available funds at before the date payment of the Taxes to which such payment relates is due, or, if no Tax is payable or the due date for such
Taxes has passed, within 30 days after written demand is made for such payment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Any indemnification payment made by Seller or Buyer,
as applicable, pursuant to this <U>Section</U><U></U><U>&nbsp;8.07</U> shall be treated by Buyer and Seller as an adjustment to the Purchase Price for Tax purposes to the maximum extent permitted by Applicable Law. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) The indemnification obligations of Seller or Buyer, as applicable, under this
<U>Section</U><U></U><U>&nbsp;8.07</U> with respect to any Tax shall be net of any (i)&nbsp;amounts recovered by any indemnified party or any of its Affiliates under applicable insurance policies (including the R&amp;W Insurance Policy) or from any
other Person alleged to be responsible therefor with respect to such Tax, and (ii)&nbsp;the amount of any Tax benefit actually realized in cash (including by reasons of a reduction in current cash Taxes payable), determined on a &#147;with and
without&#148; basis, by the applicable indemnified party or any of its Affiliates in or prior to the taxable year of the events or circumstances giving rise to such Taxes and the immediately succeeding taxable year. If any indemnified party or any
of its Affiliates receives any amounts under applicable insurance policies, or from any other Person alleged to be responsible for such Taxes, subsequent to an indemnification payment by Seller or Buyer, as applicable, then Buyer or Seller, as
applicable shall promptly reimburse the other party hereto for any indemnification payment made by such other party hereto up to the amount of such indemnification payment, net of any expenses incurred by any indemnified party or any of its
Affiliates in collecting such amount. If any indemnified party or any of its Affiliates realizes any net Tax benefit subsequent to an indemnification payment by Seller or Buyer, as applicable that was not previously taken into account in the
indemnification payment, then Buyer or Seller, as applicable, shall promptly pay to the other party the amount of such net Tax benefit up to the amount of such indemnification payment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) Notwithstanding anything to the contrary contained herein, (i)&nbsp;Buyer shall use commercially reasonable efforts to seek recovery
against the applicable insurance policies (including the R&amp;W Insurance Policy) with respect to any inaccuracies in or breaches of the Specified Tax Representations prior to seeking indemnification from Seller under
<U>Section</U><U></U><U>&nbsp;8.07(a)</U>, and (ii)&nbsp;Buyer will use reasonable best efforts to mitigate in accordance with Applicable Law any amounts for which Buyer seeks indemnification pursuant to <U>Section</U><U></U><U>&nbsp;8.07(a)</U> as
it relates to clause (ix)&nbsp;and clause (xiii)&nbsp;of the definition of &#147;Indemnified Tax&#148;. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.08. <I>Tax Claim
Procedures</I>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) If a claim or demand relating to any audit, claim, suit, action, litigation or other proceeding relating to Taxes in
respect of which indemnity may be sought pursuant to <U>Section</U><U></U><U>&nbsp;8.07(a)</U> (any such claim or demand, a &#147;<B>Tax Claim</B>&#148;) is commenced against any Buyer Indemnified Party, Buyer shall promptly, and in any event within
thirty (30)&nbsp;days of the commencement thereof, notify Seller in writing of such Seller-Indemnified Tax Claim and shall give Seller such information with respect thereto as Seller may reasonably request; <I>provided</I> that the failure of Buyer
to give notice as provided in this <U>Section</U><U></U><U>&nbsp;8.08</U> shall not relieve Seller of its obligations under <U>Section</U><U></U><U>&nbsp;8.07</U>, except to the extent that such failure adversely prejudices the rights of Seller.
Notwithstanding anything to the contrary in this Agreement, Seller (or its applicable Affiliate) shall have exclusive control over any Tax Claim with respect to any Combined Tax Return (a &#147;<B>Seller Group Tax Claim</B>&#148;) at Seller&#146;s
sole expense, and Buyer shall not participate in any Seller Group Tax Claim; provided, that Seller shall (i)&nbsp;keep Buyer reasonably informed of the progress of any Seller Group Tax Claim to the extent related to any Purchased Subsidiary and
(ii)&nbsp;defend any Seller Group Tax Claim to the extent related to any Purchased Subsidiary diligently and in good faith as if it were the only party in interest in connection with such Seller Group Tax Claim. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Buyer shall have the right and obligation to control the conduct of any Tax Claim that
is not a Seller Group Tax Claim at its own expense, <I>provided</I> that (i)&nbsp;Buyer shall keep Seller reasonably informed of the progress of any such Tax Claim, (ii)&nbsp;Buyer shall consult with Seller and offer Seller an opportunity to provide
reasonable comments before submitting any significant written materials prepared or furnished to a Taxing Authority in connection with such Tax Claim, (iii)&nbsp;Buyer shall defend such Tax Claim diligently and in good faith as if it were the only
party in interest in connection with such Tax Claim, (iv)&nbsp;Seller shall be entitled to participate in such Tax Claim at its own expense and attend any meetings or conferences with the relevant Taxing Authority, and (v)&nbsp;Buyer shall not
settle, compromise or abandon any such Tax Claim without obtaining the prior written consent of Seller, which consent shall not be unreasonably withheld, conditioned or delayed. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.09. <I>Swiss Tax Matters</I>. Seller and its Affiliates (including the Purchased Subsidiaries prior to the Closing) shall use
reasonable best efforts to provide the Buyer with the final assessments from the SFTA and/or TTA for VF CH Apollo for FY22 and FY23, which assessments establish that, as of March&nbsp;31, 2023, the Historic Acquisition Cost of the investment in
Wooster GK by VF CH Apollo is approximately &#128;143,700,000 (collectively, the &#147;<U>Assessments</U>&#148;) prior to the Closing Date. In the event Seller is unable to provide Buyer with the Assessments prior to the Closing Date, Seller and its
Affiliates shall cooperate with and provide assistance to Buyer in obtaining such Assessments from the SFTA and/or TTA following the Closing and the parties agree that any such action by Buyer and its Affiliates (including the Purchased
Subsidiaries) shall be allowed under <U>Section</U><U></U><U>&nbsp;8.04</U> (<I>Buyer Post-Closing Covenants</I>). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.10.
<I>Survival</I>. Notwithstanding anything to the contrary herein, the covenants in this <U>Article 8</U> (including the indemnification provisions in <U>Section</U><U></U><U>&nbsp;8.07</U>) shall survive the Closing and continue in full force until
sixty (60)&nbsp;days following the expiration of the applicable statute of limitations with respect to the relevant Taxes. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ARTICLE 9 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">E<SMALL>MPLOYEE</SMALL> M<SMALL>ATTERS</SMALL> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.01. <I>Transferred Employees</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Buyer shall (or shall cause its Subsidiaries to)&nbsp;(i) continue the employment at and after the Effective Time of each Purchased
Subsidiary Business Employee who is Employed as of the Effective Time and (ii)&nbsp;except in the case of Business Employees who are subject to <U>Section</U><U></U><U>&nbsp;9.01(c)</U> or <U>Section</U><U></U><U>&nbsp;9.01(d)</U>, within a
reasonable period of time (but not fewer than 30 days) prior to the Closing Date, make an offer of employment to each Business Employee who is Employed as of the Effective Time who is not a Purchased Subsidiary Business Employee, commencing as of
(and conditioned on the occurrence of) the Effective Time, with Buyer, one of its Subsidiaries or a Purchased Subsidiary, in each case on the terms set forth in this <U>Article 9</U>. In Buyer&#146;s discretion, and to the extent permitted by
Applicable Law, Buyer may condition any such offer of employment upon the completion of a background check to Buyer&#146;s satisfaction, in accordance with Applicable Law; <I>provided</I> that such background check shall be conducted by Buyer at
Buyer&#146;s expense in the ordinary course of business consistent with Buyer&#146;s past practice and completed prior to the Effective Time (or, in the case of Business Employees who are Seconded Employees, the Transfer Date). Unless a written
acceptance of an offer of employment is required by Applicable Law, a Business Employee who continues employment or who has received an offer of employment pursuant to this <U>Section</U><U></U><U>&nbsp;9.01</U> shall be deemed to have accepted such
continuance or offer, unless </P>
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such Business Employee specifically declines such continuance or offer or fails to satisfy any conditions of such continuance or offer. Subject to satisfying any conditions of such continuance or
offer, each Purchased Subsidiary Business Employee who is Employed as of the Effective Time, each Business Employee whose employment automatically transfers pursuant to <U>Section</U><U></U><U>&nbsp;9.01(c)</U>, each other Business Employee who
accepts, or is deemed to accept, an offer of employment, and each Seconded Employee who is Employed as of the Transfer Date and accepts, or is deemed to accept, an offer of employment, is referred to herein as a &#147;<B>Transferred
Employee</B>.&#148; For the avoidance of doubt, notwithstanding anything to the contrary herein, Buyer and its Affiliates have no obligation hereunder to employ any Transferred Employee or other person for any period of time following the Closing
and each of them shall be permitted to terminate the employment of any Transferred Employee following the Closing in its discretion, except as required by Applicable Law (including the Transfer Regulations). With respect to any Business Contractor
who is not engaged by a Purchased Subsidiary, Buyer in its discretion may offer to engage such Business Contractor effective at or after the Closing Date, and Seller agrees to cooperate with Buyer in making such Business Contractor available and,
subject to Applicable Law, providing Buyer with any information reasonably needed to effectuate such offer and acceptance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)
Notwithstanding anything to the contrary in this Agreement, if a Business Employee who performs services for Seller and its Affiliates primarily in the United States is, as of the Closing Date, on a leave of absence from work on account of a leave
of absence (other than short-term vacation, holiday or sick leave in the ordinary course of business) (an &#147;<B>Inactive U.S. Employee</B>&#148;), to the extent permitted under Applicable Law, Seller will continue to employ (to the extent
applicable) and provide compensation and benefits under the applicable Business Benefit Plan until such time as the Inactive U.S. Employee is ready to return to active service. Upon returning to active service with six (6)&nbsp;months (or such
longer period required by Applicable Law) following the Closing Date, Buyer shall, or shall cause one of its Affiliates to, offer such Inactive U.S. Employee employment on terms and conditions that meet the standards set forth in this <U>Article
9</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) To the extent applicable, the parties acknowledge and agree that the transactions contemplated by the Transaction Documents in
so far as they relate to Business Employees primarily located in a jurisdiction in which the Transfer Regulations are applicable to the transactions contemplated by the Transaction Documents, will constitute the automatic transfer of such employees
to Buyer or its Subsidiary by operation of law. Buyer shall take all such actions that may be necessary or required in order to cause the Transfer Regulations to apply to the transactions contemplated by the Transaction Documents, and Buyer shall
refrain from taking any action that could cause the Transfer Regulations not to apply to the transactions contemplated by the Transaction Documents. If it is found or alleged that any such Business Employee does not automatically transfer to Buyer
or its relevant Subsidiary, Buyer shall (or shall cause its relevant Subsidiary to) make an offer to such Business Employee on the terms set forth in this <U>Article 9</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Notwithstanding any provision of this Agreement to the contrary, Buyer and Seller agree that, in the case of any Business Employee who is
a Seconded Employee, such Business Employee&#146;s employment shall not commence with Buyer and its Affiliates (including any Purchased Subsidiary) upon the Closing Date and, instead, Seller or one its Affiliates shall continue the employment of
each such Business Employee from and after the Closing Date until </P>
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the last day of the Secondment Period (or such earlier date that employment terminates for cause or due to death, disability or voluntary resignation or as otherwise provided in the Secondment
Agreement). The Secondment Agreement shall provide that during the Secondment Period, (i)&nbsp;Buyer and its Affiliates shall receive the services of each Seconded Employee who is actively Employed by Seller or its Affiliates, and (ii)&nbsp;Seller
or one if its Affiliates shall provide all payroll, employee benefits, workers compensation and human resource administrative services in respect of the Seconded Employees. Pursuant to the Secondment Agreement, Buyer and its Affiliates shall be
responsible for all Liabilities and costs relating to the employment of the Seconded Employees during the Secondment Period (including all costs relating to compensation; benefits; the employer portion of any payroll, social security, unemployment
or other similar employment Taxes with respect thereto; and insurance premiums and costs incurred by Seller or its Affiliates in excess of such premiums and shall pay or reimburse Seller for such costs and for the administrative fees related to
employing and providing benefits to the Seconded Employees; but excluding (w)&nbsp;any costs in respect of any individual who is an Inactive U.S. Employee as of the Closing Date incurred during the Secondment Period for which Seller would have been
liable pursuant to <U>Section</U><U></U><U>&nbsp;9.01(b)</U>, (x) any costs for which Seller would otherwise have been required to reimburse Buyer pursuant to <U>Section</U><U></U><U>&nbsp;9.12</U> if paid following the Secondment Period,
(y)&nbsp;costs in respect of equity or equity-based compensation awards held by Seconded Employees or (z)&nbsp;Liabilities related to Seller&#146;s or its Affiliates&#146; breach of the Secondment Agreement, gross negligence or willful misconduct).
Any such administrative fees to be paid by Buyer and its Affiliates shall (i)&nbsp;be designed to cover the actual costs of Seller and its Affiliates associated with providing benefits (including a portion of the cost of the employing individuals
who are working to provide the services and not to earn a profit) and (ii)&nbsp;not be duplicative of any other amounts charged to Buyer and its Affiliates. The Secondment Agreement shall also provide that, during the Secondment Period, Seller shall
cooperate on employee and employee benefit transition matters (including by providing updates to the Business Personnel List). Seller and Buyer agree that, notwithstanding <U>Section</U><U></U><U>&nbsp;9.02</U>, in the case of each Business Employee
who is a Seconded Employee, such Business Employee&#146;s annual base salary or wage rate and target annual cash incentive compensation opportunities shall not be reduced during the Secondment Period. In accordance with the Secondment Agreement,
Buyer and its Affiliates shall indemnify and hold harmless Seller and its Affiliates from and against, and be liable to Seller and its Affiliates for, any and all Damages actually suffered or incurred (whether or not such Damages relate to any Third
Party Claim) by Seller or any of its Affiliates arising out of or relating to, the employment of the Seconded Employees and the provision of the services of the Seconded Employees to Buyer and its Affiliates, in each case, during the Secondment
Period, except to the extent such Damages relate to Seller&#146;s or its Affiliates&#146; breach of the Secondment Agreement, gross negligence or willful misconduct). Each Seconded Employee who is Employed as of the last day of the Secondment Period
shall receive an offer of employment, and shall become a Transferred Employee in accordance with the definition of &#147;Transferred Employee&#148;, effective as of the date following the last date of the Secondment Period (such date on which they
become a Transferred Employee, the &#147;<B>Transfer Date</B>&#148;); <I>provided</I>, <I>however</I>, that any Business Employee who is a Seconded Employee and is an Inactive U.S. Employee as of the Transfer Date shall instead be treated in
accordance with <U>Section</U><U></U><U>&nbsp;9.01(b)</U> (as though references therein to Closing Date were references to Transfer Date), provided that the foregoing shall not apply to any such Business Employee who was not an Inactive U.S.
Employee as of the Closing Date. To the extent necessary to accomplish the intentions of Buyer and Seller pursuant to this <U>Section</U><U></U><U>&nbsp;9.01(d)</U>, the Secondment </P>
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Agreement shall provide that references in <U>Section</U><U></U><U>&nbsp;9.01(a)</U>, <U>Section</U><U></U><U>&nbsp;9.06</U> through <U>Section</U><U></U><U>&nbsp;9.11</U>,
<U>Section</U><U></U><U>&nbsp;9.13</U> and <U>Section</U><U></U><U>&nbsp;9.14</U> to actions occurring in respect of Transferred Employees relating to the Closing, Closing Date or Effective Time shall instead occur in respect of each Seconded
Employee who becomes a Transferred Employee as of the Transfer Date, provided that, in no event shall the foregoing cause Seller or its Affiliates to retain or incur any Liability that would not otherwise have been the responsibility of Seller or
its Affiliates notwithstanding any such change, except as otherwise described in this <U>Section</U><U></U><U>&nbsp;9.01(d)</U>. From and after the date of this Agreement, Seller and Buyer shall cooperate in good faith to enter into (or to cause
their respective Affiliates to enter into) the Secondment Agreement on terms consistent with this <U>Section</U><U></U><U>&nbsp;9.01(d)</U> as soon as practicable following the date of this Agreement and in no event less than ten (10)&nbsp;Business
Days prior to the Closing Date, and shall be effective as of the Closing. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.02. <I>Maintenance of Compensation and
Benefits</I>. Buyer agrees that it shall provide (or cause its Subsidiaries to provide) each Transferred Employee with, for the period commencing at the Effective Time and ending on the first anniversary of the Closing Date (or, in the case of an
Inactive U.S. Employee on the Closing Date, the first anniversary of the date on which such Inactive U.S. Employee commences employment with Buyer or any of its Affiliates) (the &#147;<B>Relevant Period</B>&#148;), (i) aggregate annual base salary
or wage rate and target annual cash incentive compensation opportunities that are not less favorable in the aggregate than his or her aggregate annual base salary or wage rate and target annual cash incentive compensation opportunities in effect
immediately prior to the Effective Time, (ii)&nbsp;severance protections or other termination-related benefits and entitlements set forth on <U>Section</U><U></U><U>&nbsp;9.02</U> of the Disclosure Schedule, and (iii)&nbsp;employee benefits that are
not less favorable in the aggregate than such benefits provided to such Transferred Employee immediately prior to the Effective Time or provided to Buyer&#146;s similarly situated employees (in each case, excluding from such comparison in this
clause (iv), defined benefit pension benefits, nonqualified deferred compensation benefits, equity and equity-based incentive, retiree health and welfare benefits, perquisites and change in control, retention, transaction and similar bonuses and
arrangements). Except to the extent required by Applicable Law, effective as of Closing, each Transferred Employee shall cease all active participation in, and accrual of benefits under, any Business Benefit Plan. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.03. <I>U.S. Defined Contribution Plans</I>. As of the Transfer Date, Buyer shall cover (or cause to be covered) each
Transferred Employee who is based primarily in the United States under a defined contribution plan and trust intended to qualify under Section&nbsp;401(a) of the Code (the &#147;<B>Buyer DC Plan</B>&#148;). Effective as of the Transfer Date or any
subsequent date reasonably requested by Buyer, Buyer shall allow the Transferred Employees to effect a &#147;direct rollover&#148; (as described in Section&nbsp;401(a)(31) of the Code) of their account balances (including participant loans) under
the Seller 401(k) Plan to the Buyer DC Plan in the form of cash and participant loan notes. Buyer shall use reasonable best efforts to allow the Transferred Employees to effect such direct rollover within 60 days following the Transfer Date. From
and after the Transfer Date and for the remainder of the Relevant Period, Buyer shall or shall cause its Affiliates to continue to make available to and maintain for the benefit of Transferred Employees, the Buyer DC Plan (including any
profit-sharing contribution opportunities) in accordance with its terms. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.04. <I>Annual Bonuses</I>. Seller shall, or shall cause its applicable
Affiliate to, pay to each Transferred Employee and each Business Employee who is a Seconded Employee, in each case, who participates in a cash bonus plan in respect of the fiscal year (or other applicable period) in which the Closing Date occurs
(the &#147;<B><FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Bonus</B>&#148;), an amount equal to the cash bonus amount (if any) payable to such Transferred Employee or Seconded Employee based on the actual level of achievement of the
applicable performance criteria for such performance period (as determined by Seller), with such bonus prorated based on the number of days completed in the performance period through the Closing Date; <I>provided</I> that the amount of such <FONT
STYLE="white-space:nowrap">Pre-Closing</FONT> Bonuses shall, subject to the requirement above that amounts be based on the actual level of achievement, be determined in Seller&#146;s sole discretion. To the extent unpaid prior to Closing, Seller
shall, or shall cause its applicable Affiliate to, pay to each Transferred Employee and each Business Employee who is a Seconded Employee, in each case, who participates in a cash bonus plan in respect of the fiscal year immediately prior to the
fiscal year in which the Closing Date occurs (the &#147;<B>Prior Year Bonus</B>&#148;) an amount equal to the cash bonus amount (if any) payable to such Transferred Employee or Seconded Employee based on the actual level of achievement of the
applicable performance criteria for such performance period (as determined by Seller), without proration. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.05.
<I>International Plans</I>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) With respect to each International Plan (other than any Purchased Subsidiary Benefit Plan) which provides
defined contribution retirement benefits (each, a &#147;<B>Seller International DC Plan</B>&#148;), effective as of the Closing Date, each Transferred Employee who as of immediately prior to the Closing Date is an active participant in a Seller
International DC Plan shall cease to be an active participant in such plan and shall become a participant in a defined contribution retirement plan established or designated by Buyer, if required by Applicable Law or an applicable collective
bargaining, works council or other labor or employment agreement (each, a &#147;<B>Buyer International DC Plan</B>&#148;). As soon as practicable after the Closing Date to the extent required by Applicable Law or an applicable collective bargaining,
works council or other labor or employment agreement, Seller shall use reasonable best efforts to cause the transfer from each Seller International DC Plan to the applicable Buyer International DC Plan of the Transfer Amount attributable to the
Transferred Employees who are participants as of immediately prior to the Closing Date in such Seller International DC Plan, where permitted by Applicable Law (the &#147;<B>DC Transfer Date</B>&#148;). The &#147;<B>Transfer Amount</B>&#148; with
respect to a Seller International DC Plan shall be a Liability equal to the account balances as of the DC Transfer Date, unless otherwise required by Applicable Law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) With respect to each International Plan (other than any Purchased Subsidiary Benefit Plan or any Seller International DC Plan) which
provides retirement benefits (each, a &#147;<B>Seller International Retirement Plan</B>&#148;), effective as of the Effective Time, each Transferred Employee who is an active participant in a Seller International Retirement Plan immediately prior to
the Effective Time shall cease to be an active participant under such plan, shall be vested in his or her accrued benefits earned under such plan through the Effective Time to the extent required by Applicable Law, and shall become a participant in
one or more retirement plans established or designated by Buyer (collectively, the &#147;<B>Buyer International Retirement Plan</B>&#148;). Seller shall have no obligation or Liability for benefits under the Buyer International Retirement Plan, and
Buyer shall defend, indemnify and hold harmless Seller and its Affiliates against any and all Liabilities, claims or Damages arising out of any Transferred Employee&#146;s participation in the Buyer International Retirement Plan, including claims
for benefits under such plan. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.06. <I>Service Credit</I>. Buyer shall grant (or cause its Subsidiaries to
grant) each Transferred Employee credit for years of prior service, and recognize such employee&#146;s continuity of service, with Seller or any of its Affiliates or their respective predecessors for all purposes, including eligibility and vesting
and, with respect to severance and paid time off, benefit accrual, under each Benefit Plan sponsored or maintained by Buyer or any of its Affiliates; <I>provided</I>, <I>however</I>, that such credit shall not result in a duplication of benefits. To
the extent permitted by Applicable Law, all paid time off accrued and unused as of the Effective Time by (i)&nbsp;any Transferred Employee who is paid on an hourly basis and/or is a retail employee and (ii)&nbsp;any Transferred Employee who is a
salaried <FONT STYLE="white-space:nowrap">non-retail</FONT> employee (and who is not a Seconded Employee) employed by a Purchased Subsidiary or whose employment transfers to Buyer or one of its Affiliates automatically pursuant to the Transfer
Regulations shall not be paid out by Seller to such employee, and it shall be available for use while Employed by Buyer, or, if applicable, while a Seconded Employee, after the Closing. To the extent permitted by Applicable Law, all paid time off
accrued and unused as of the Effective Time by any salaried <FONT STYLE="white-space:nowrap">non-retail</FONT> Transferred Employee (who is not a Seconded Employee and who is not subject to clause (ii)&nbsp;of the immediately preceding sentence)
through the Effective Time shall be paid in full to such employee by Seller (or its applicable Affiliate) upon the Closing. In the case of any Business Employee who is a salaried <FONT STYLE="white-space:nowrap">non-retail</FONT> Seconded Employee,
Seller shall not pay out such Business Employee&#146;s accrued but unused paid time off to such employee upon the Closing, and it shall be available for use while a Seconded Employee. Pursuant to the Secondment Agreement, to the extent permitted by
Applicable Law, the amounts payable by Buyer to any salaried <FONT STYLE="white-space:nowrap">non-retail</FONT> Seconded Employee who becomes a Transferred Employee shall include any accrued and unused paid time off as of the Transfer Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.07. <I>Immigration Filings</I><I>. </I>To the extent any Business Employee requires a visa, work permit or pass or other
approval for his or her employment to continue with Buyer or its Affiliates on or following the Closing Date, prior to the Closing Date (or, in the case of a Business Employee who is a Seconded Employee, prior to the Transfer Date), Buyer shall (or
shall cause its Affiliates to) use reasonable best efforts to see that any necessary applications are made and such other actions are taken to secure the necessary visa, permit, pass or other approval. For the avoidance of doubt, prior to the
Closing Date (or, in the case of a Business Employee who is a Seconded Employee, prior to the Transfer Date), Seller shall use reasonable best efforts to see that any necessary applications are made and such other actions are taken to secure the
necessary visa, permit, pass or other approval if and to the extent required by Applicable Law. Buyer and Seller shall comply with all Applicable Laws including, without limitation, the Immigration and Nationality Act, as amended, and any rules or
regulations promulgated thereunder, relating to the continuation of employment of such Transferred Employees described in this <U>Section</U><U></U><U>&nbsp;9.07</U> on and after the Closing Date. For the avoidance of doubt, any continuation or
offer of employment as provided in this <U>Article 9</U> shall be conditioned upon the timely verification of the Business Employee&#146;s authorization to be so employed under immigration Applicable Law. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.08. <I>Welfare Plans</I>. As of the Effective Time, each Transferred Employee
shall cease participation in the health and welfare benefit plans (other than, for the avoidance of doubt, Purchased Subsidiary Benefit Plans) of Seller and its Affiliates (each, a &#147;<B>Seller Welfare Plan</B>&#148;) and commence participation
in the health and welfare benefit plans maintained, administered or contributed to by Buyer and its Affiliates to the extent such Transferred Employee is eligible for, and has elected to participate in, such plans. Seller and the Retained
Subsidiaries shall be responsible for providing benefits in respect of claims incurred under a Seller Welfare Plan for Transferred Employees and their beneficiaries and dependents prior to the Effective Time. Benefits in respect of all welfare plan
claims incurred by Transferred Employees at or after the Effective Time shall be provided by Buyer and its Affiliates. For purposes of this <U>Section</U><U></U><U>&nbsp;9.08</U>, the following claims shall be deemed to be incurred as follows:
(a)&nbsp;life, accidental death and dismemberment and business travel accident insurance benefits, upon the death or accident giving rise to such benefits and (b)&nbsp;health or medical, dental, vision care and/or prescription drug benefits, upon
provision of the applicable services, materials or supplies. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.09. <I><FONT STYLE="white-space:nowrap">Pre-Existing</FONT>
Conditions and <FONT STYLE="white-space:nowrap">Co-Payments</FONT></I>. Buyer shall use reasonable best efforts to (or to cause its Affiliates to): </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) waive all limitations as to <FONT STYLE="white-space:nowrap">pre-existing</FONT> conditions, exclusions, waiting periods, active
employment requirements and requirements to show evidence of good health with respect to participation and coverage requirements applicable to the Transferred Employees (and their eligible dependents) under any health and welfare plans in which such
Transferred Employees are eligible to participate at or after the Effective Time to the extent such Transferred Employee (or eligible dependent) is covered under a comparable Business Benefit Plan immediately prior to the Effective Time; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) provide each Transferred Employee with credit for any <FONT STYLE="white-space:nowrap">co-payments</FONT> and deductibles paid prior to
the Effective Time in satisfying any applicable deductible or <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> requirements under any health and welfare plans in which such Transferred Employee is
eligible to participate after the Effective Time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.10. <I>WARN Act</I>. Buyer shall assume all Liabilities for the
provision of notice or payment in lieu of notice, severance or any other applicable Liabilities under WARN or any similar Applicable Law arising as a result of the termination of the Transferred Employees by Buyer or its Affiliates following the
Closing Date. Buyer hereby indemnifies Seller and its Affiliates against and, agrees to hold each of them harmless from, and at the sole option and request of Seller, defend Seller and its Affiliates against, any and all damages, Liabilities, costs
and expenses of any kind, character or description incurred or suffered by Seller or any of their Affiliates with respect to WARN or any similar Applicable Law arising as a result of actions taken by Buyer or any of its Affiliates (including any
Purchased Subsidiaries) following the Closing Date related to the Transferred Employees. For the avoidance of doubt and subject to Buyer&#146;s compliance with its obligations pursuant to this <U>Article 9 </U>and except as set forth in the
Secondment Agreement, Seller shall retain all Liabilities for the provision of notice or payment in lieu of notice, severance or any other applicable Liabilities under WARN or any similar Applicable Law arising from the termination at any time of
any Business Employee who does not become a Transferred Employee. Buyer and Seller agree to work together to mitigate, where permitted by Applicable Law, any Liabilities under WARN in respect of the Business Employees. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.11. <I>Workers Compensatio</I><I>n</I>. Buyer shall be responsible for
providing benefits in respect of all claims for benefits in respect of workers compensation and any comparable Liabilities arising from incidents occurring on or after the Closing Date (or, in the case of a Business Employee who is a Seconded
Employee, after the Transfer Date). Unless the Purchased Subsidiaries would otherwise be responsible for such benefits or Liabilities, Seller shall be responsible for providing benefits in respect of all claims for benefits in respect of workers
compensation and any comparable Liabilities arising from incidents occurring prior to the Closing Date (or, in the case of a Business Employee who is a Seconded Employee, prior to the Transfer Date). Unless the Purchased Subsidiaries would otherwise
be responsible for such benefits or Liabilities, if the incident occurs over a period both preceding and following the Closing Date (or, in the case of a Business Employee who is a Seconded Employee, both preceding and following the Transfer Date),
the claim shall be equitably apportioned between Seller and Buyer based upon the relative periods of time that the incident transpired preceding and following the Closing Date or the Transfer Date, if applicable. From and after the Closing, Buyer
agrees to provide, and cause its Affiliates to provide, reasonable assistance to, and to cooperate with, Seller or its Affiliates with respect to any workers compensation claims for which Seller has retained liability as set forth in this
<U>Section</U><U></U><U>&nbsp;9.11</U>. For the avoidance of doubt, notwithstanding the allocation of Liabilities in this <U>Section</U><U></U><U>&nbsp;9.11</U>, Buyer and its Affiliates shall be responsible for costs associated with Liabilities for
Seconded Employees in respect of incidents occurring on or after the Closing Date pursuant to the Secondment Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.12. <I>Retention Agreements</I>. Buyer shall be responsible for the payment of the retention payments to the Transferred
Employees set forth, and in the amounts set forth opposite such Transferred Employees&#146; names, on <U>Section</U><U></U><U>&nbsp;9.12</U> of the Disclosure Schedule that is payable following the Transfer Date; provided, however, that in the event
that Buyer makes any such retention payments to any Transferred Employees, Seller shall, subject to Seller&#146;s receipt of reasonably satisfactory evidence of Buyer&#146;s payment thereof, reimburse Buyer within five (5)&nbsp;Business Days
thereafter for any such retention payments that Buyer pays to such Transferred Employees (including the employer-paid portion of any employment Taxes with respect thereto). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.13. <I>Assumption of Employee Liabilities</I>. Seller and the Retained Subsidiaries shall have no further Liabilities or
responsibilities with respect to each (i)&nbsp;Business Employee and Former Business Employee or (ii)&nbsp;Purchased Subsidiary Benefit Plan, in each case arising before, on or after the Closing Date, but only to the extent arising out of, or
relating to, the Business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.14. <I>No Third Party Beneficiaries</I>. Without limiting the generality of the last sentence
of <U>Section</U><U></U><U>&nbsp;13.07</U>, nothing in this <U>Article 9</U>, express or implied, (a)&nbsp;is intended to or shall confer upon any Person other than the parties hereto, including any Business Employee, any right, benefit or remedy of
any nature whatsoever under or by reason of this Agreement, (b)&nbsp;shall establish, or constitute an amendment, termination or modification of, or an undertaking to amend, establish, terminate or modify, any benefit plan, program, agreement or
arrangement or (c)&nbsp;shall create any obligation on the part of Seller, Buyer or any of their respective Affiliates to employ any Business Employee or engage any other Person for any period following the Effective Time. </P>
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<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">C<SMALL>ONDITIONS</SMALL> <SMALL>TO</SMALL> C<SMALL>LOSING</SMALL> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.01. <I>Conditions to Obligations of Buyer and Seller</I>. The obligations of Buyer and Seller to consummate the Closing are
subject to the satisfaction of the following conditions (any or all of which may be waived in writing by Buyer and Seller, together, in whole or in part to the extent permitted by Applicable Law): </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) any applicable waiting period under the HSR Act with respect to the transactions contemplated hereby shall have expired or been terminated
and the filings, consents, approvals, authorizations, clearances or other actions under any other Competition Law set forth on <U>Section</U><U></U><U>&nbsp;10.01(a)</U> of the Disclosure Schedule shall have been made, obtained or taken and any
applicable approvals or waiting periods thereunder shall have been received and remain in effect (in the case of approvals) or expired or been terminated (in the case of waiting periods); and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) there shall not be in force any Order of any court of competent jurisdiction or Applicable Law in any jurisdiction in which Seller and its
Subsidiaries (taken as a whole) or Buyer and its Subsidiaries (taken as a whole) have material assets or material business operations enjoining, prohibiting or rendering illegal the consummation of the Closing. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.02. <I>Conditions to Obligation of Buyer</I>. The obligation of Buyer to consummate the Closing is also subject to the
satisfaction of the following further conditions (any or all of which may be waived in writing by Buyer in whole or in part to the extent permitted by Applicable Law): </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) (A) the representations and warranties contained in <U>Sections 3.01</U>, <U>3.02</U>, <U>3.05(a)-(c)</U>, and <U>3.11(g)</U> and
<U>3.14</U>, disregarding all qualifications contained therein relating to materiality or Material Adverse Effect, shall be true and correct in all material respects as of the Closing Date, as if made at and as of such date, except with respect to
representations and warranties which speak as to an earlier date, which representations and warranties shall be so true and correct in all material respects at and as of such date, and (B)&nbsp;the representations and warranties of Seller contained
in this Agreement, other than the representations and warranties contained in <U>Sections 3.01</U>, <U>3.02</U>, <U>3.05(a)-(c)</U>, and <U>3.11(g)</U> and <U>3.14</U>, disregarding all qualifications contained therein relating to materiality or
Material Adverse Effect, shall be true and correct as of the Closing Date, as if made at and as of such date, except with respect to representations and warranties which speak as to an earlier date, which representations and warranties shall be true
and correct at and as of such date, except, in each case, for any inaccuracy or omission that would not reasonably be expected to, individually or in the aggregate, have a Material Adverse Effect; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Seller shall have performed in all material respects its covenants to be performed prior to the Closing; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) no Material Adverse Effect shall have occurred since the date of this Agreement and be continuing; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) the <FONT STYLE="white-space:nowrap">Pre-Closing</FONT> Transfers shall have been
completed in all material respects, in accordance with the terms of <U>Section</U><U></U><U>&nbsp;5.05</U>; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) Buyer shall have
received a certificate signed by an authorized officer of Seller, dated as of the Closing Date, with respect to Seller&#146;s satisfaction of the conditions set forth in <U>Section</U><U></U><U>&nbsp;10.02(a)</U> and
<U>Section</U><U></U><U>&nbsp;10.02(b)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.03. <I>Conditions to Obligation of Seller</I>. The obligation of Seller to
consummate the Closing is also subject to the satisfaction of the following further conditions (any or all of which may be waived by Seller in whole or in part to the extent permitted by Applicable Law): </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) (A) the representations and warranties contained in <U>Sections 4.01</U>, 4.02, 4.07 and 4.08 (the &#147;<B>Buyer Fundamental
Representations</B>&#148;), disregarding all qualifications contained therein relating to materiality or material adverse effect, shall be true and correct in all material respects as of the Closing Date, as if made at and as of such date, except
with respect to representations and warranties which speak as to an earlier date, which representations and warranties shall be true and correct in all material respects at and as of such date, and (B)&nbsp;the representations and warranties of
Buyer, other than Buyer Fundamental Representations, contained in this Agreement shall, disregarding all qualifications contained therein relating to materiality or material adverse effect, be true and correct as of the Closing Date, as if made at
and as of such date, except with respect to representations and warranties which speak as to an earlier date, which representations and warranties shall be true and correct at and as of such date, except any inaccuracy or omission that would not
reasonably be expected, individually or in the aggregate, to materially impair Buyer&#146;s ability to perform or comply with its obligations under this Agreement or consummate the transactions contemplated hereby; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Buyer shall have performed in all material respects its covenants to be performed prior to the Closing; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Seller shall have received a certificate signed by an authorized officer of Buyer, dated as of the Closing Date, with respect to
Buyer&#146;s satisfaction of the conditions set forth in <U>Section</U><U></U><U>&nbsp;10.03(a)</U> and <U>Section</U><U></U><U>&nbsp;10.03(b)</U>. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ARTICLE 11 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">T<SMALL>ERMINATION</SMALL> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.01. <I>Grounds for Termination</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) This Agreement may be terminated at any time prior to the Closing: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) by mutual written agreement of Seller and Buyer; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) by either Seller or Buyer if the Closing shall not have been consummated on or before January&nbsp;16, 2025 (as may be
extended, the &#147;<B>End Date</B>&#148;); <I>provided</I>, that the right to terminate this Agreement pursuant to this <U>Section</U><U></U><U>&nbsp;11.01(a)(ii)</U> shall not be available to any party whose breach of any provision of this
Agreement at the time of such termination has primarily caused or primarily resulted in the failure of the Closing to be consummated by such time; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) by either Seller or Buyer, if there shall be any Order or Applicable
Law (which shall be final and nonappealable) in any jurisdiction in which Seller and its Subsidiaries (taken as a whole) or Buyer and its Subsidiaries (taken as a whole) have material assets or material business operations that (i)&nbsp;makes
consummation of the transactions contemplated hereby illegal or otherwise prohibited or (ii)&nbsp;permanently enjoins or restrains Buyer or Seller from consummating the transactions contemplated hereby, <I>provided</I> that the right to terminate
this Agreement pursuant to this <U>Section</U><U></U><U>&nbsp;11.01(a)(iii)</U> shall not be available to any party whose breach of any provision of this Agreement at the time of such termination has primarily caused or primarily resulted in such
Order being enacted or becoming applicable to the transactions contemplated hereby (including due to a failure to use reasonable best efforts in connection with the actions specified in <U>Section</U><U></U><U>&nbsp;7.01</U> to the extent required
thereunder); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) by Buyer if there is any material breach of any representation, covenant or agreement on the part of
Seller set forth in this Agreement, such that the condition specified in Section<U></U><U>&nbsp;10.02(a)</U> or <U>Section</U><U></U><U>&nbsp;10.02(b)</U> would not be satisfied at the Closing (a &#147;<B>Terminating Seller Breach</B>&#148;), except
that, if such Terminating Seller Breach is curable by Seller, then, until the earlier of (i)&nbsp;the End Date and (ii) 30 days after receipt by Seller of written notice of such breach from Buyer such termination shall not be effective and such
termination shall become effective only if such Terminating Seller Breach is not cured within such period; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) by Seller
if there is any material breach of any representation, warranty, covenant or agreement on the part of Buyer set forth in this Agreement, such that the conditions specified in <U>Section</U><U></U><U>&nbsp;10.03(a)</U> or
<U>Section</U><U></U><U>&nbsp;10.03(b)</U> or <U>Section</U><U></U><U>&nbsp;10.03(c)</U> would not be satisfied at the Closing (a &#147;<B>Terminating Buyer Breach</B>&#148;), except that, if any such Terminating Buyer Breach is curable by Buyer,
then, until the earlier of (i)&nbsp;the End Date and (ii) 30 days after receipt by Seller of written notice of such breach from Seller such termination shall not be effective and such termination shall become effective only if such Terminating Buyer
Breach is not cured within such period. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) By Seller if (1)&nbsp;all of the conditions set forth in
<U>Section</U><U></U><U>&nbsp;10.01(a)</U> and <U>Section</U><U></U><U>&nbsp;10.01(b)</U> have been satisfied (other than (x)&nbsp;those conditions which by their terms or nature are to be satisfied at the Closing (assuming the satisfaction of those
conditions at such time if Closing were to occur at such time) and (y)&nbsp;those conditions the failure of which to be satisfied is primarily caused by or primarily results from a breach by Buyer of this Agreement), (2) Seller has given written
notice to Buyer that it is ready, willing and able to take the actions within its control to consummate the Closing and (3)&nbsp;Buyer fails to consummate the Closing within the later of two (2)&nbsp;Business Days following the later of (x)&nbsp;the
date the Closing should have occurred pursuant to <U>Section</U><U></U><U>&nbsp;2.07</U> and (y)&nbsp;receipt of the written notice of Seller described in clause (2). </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Other than in the case of a termination pursuant to
<U>Section</U><U></U><U>&nbsp;11.01(a)(i)</U>, the party desiring to terminate this Agreement pursuant to any clause of this <U>Section</U><U></U><U>&nbsp;11.01</U> shall give written notice of such termination to the other party. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.02. <I>Effect of Termination</I>. If this Agreement is terminated as permitted by <U>Section</U><U></U><U>&nbsp;11.01</U>,
this Agreement shall become void and have no further force or effect, and such termination shall be without liability of either party (or any stockholder, director, officer, employee, agent, consultant or Representative of such party) to the other
party to this Agreement; <I>provided</I> that the Confidentiality Agreement, the provisions of this <U>Section</U><U></U><U>&nbsp;11.02</U> and the provisions of <U>Section</U><U></U><U>&nbsp;6.01</U>, <U>Section</U><U></U><U>&nbsp;7.04</U> and
<U>Article 13</U> shall survive any such termination; and <I>provided further</I> that if such termination shall result from Fraud or any willful and material breach of, or willful and material failure to perform any obligation under, any covenant
or agreement contained of this Agreement, such party shall be fully liable for any and all damages and Liabilities of any kind, character or description incurred or suffered by another party as a result of such failure or breach; <I>provided</I>,
<I>further</I>, that a failure of any party to consummate the transactions contemplated hereby on or prior to the date on which the Closing should have occurred pursuant to <U>Section</U><U></U><U>&nbsp;2.07</U> (including in the case of Buyer,
whether or not Buyer had sufficient funds available to consummation such transaction) shall constitute a willful and material breach of such party hereunder. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ARTICLE 12 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">S<SMALL>URVIVAL</SMALL>; I<SMALL>NDEMNIFICATION</SMALL> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.01. <I>Survival of Representations, Warranties and Agreements</I>. Except with respect to the Specified Tax Representations
which shall survive until sixty (60)&nbsp;days following the expiration of the applicable statute of limitations, the representations and warranties of the parties hereto contained in this Agreement shall not survive the Closing; <I>provided</I>,
that the representations and warranties contained in <U>Sections 3.01</U>, <U>3.02</U>, <U>3.05</U>, and <U>Sections 3.11(g)</U>, <U>3.13</U>, and <U>3.14</U> (the &#147;<B>Seller Fundamental Representations</B>&#148;) and the Buyer Fundamental
Representations shall survive the Closing until the date that is 18 months after the Closing Date. The covenants and agreements of the parties hereto contained in this Agreement, or in any certificate or other writing delivered pursuant hereto or in
connection herewith, shall survive the Closing for a period of 12 months, except, (a)&nbsp;to the extent that such covenants and agreements by their terms are to be performed in whole or in part at or after the Closing, such covenants shall survive
to such extent in accordance with their terms until fully performed and (b)&nbsp;the covenants set forth in <U>Article 12</U> and <U>Article 13</U> shall survive until the latest date permitted by Applicable Law. Notwithstanding anything to the
contrary in this Agreement, nothing in this Agreement will limit or reduce any party&#146;s ability to make claims or recover with respect to Fraud. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.02. <I>Indemnification</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) From and after the Closing, Seller shall indemnify and hold harmless Buyer and the Purchased Subsidiaries and their respective Affiliates
and their respective officers, directors, employees, managers, attorneys, agents and representatives, and their respective successors and assigns (the &#147;<B>Buyer Indemnified Parties</B>&#148;) from and against, and be liable to the Buyer
Indemnified Parties for, any and all Damages actually suffered or incurred (whether or not such </P>
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Damages relate to any Third Party Claim) by any Buyer Indemnified Party to the extent arising out of or relating to, without duplication, (i)&nbsp;any Excluded Liability, (ii)&nbsp;any Specified
Liability, (iii)&nbsp;any breach or inaccuracy of any Seller Fundamental Representation or (iv)&nbsp;any failure to perform any covenant or agreement of the Seller contained in this Agreement; <I>provided </I>that, other than with respect to any
indemnification claims based on Fraud, the aggregate amount of Damages for which Seller shall be liable pursuant to the foregoing clauses <U>(ii)</U>, <U>(iii)</U> and <U>(iv)</U>&nbsp;shall not exceed the Purchase Price. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) From and after the Closing, Buyer shall indemnify and hold harmless Seller and its Affiliates from and against, and be liable to Seller
and its Affiliates for, any and all Damages actually suffered or incurred (whether or not such Damages relate to any Third Party Claim) by Seller or any of its Affiliates arising out of or relating to, without duplication, (i)&nbsp;Buyer Fundamental
Representations, (ii)&nbsp;any Assumed Liability and any Liability of a Purchased Subsidiary to the extent related to the Business, except those for which Seller has expressly agreed to indemnify the Buyer Indemnified Parties pursuant to
<U>Section</U><U></U><U>&nbsp;12.02(a)</U> or <U>Article 8</U> and (iii)&nbsp;any failure to perform any covenant or agreement of Buyer contained in this Agreement;<I> provided</I> that, the aggregate amount of Damages for which Buyer shall be
liable pursuant to this <U>Section</U><U></U><U>&nbsp;12.02(b)</U> shall not exceed the Purchase Price. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.03. <I>Third
Party Claim Procedures</I>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Any Person seeking indemnification under this <U>Article 12</U> (the &#147;<B>Indemnified
Party</B>&#148;) shall give prompt written notice (a &#147;<B>Claim Notice</B>&#148;) to the Person from whom indemnification is sought (the &#147;<B>Indemnifying Party</B>&#148;) of the assertion of any claim or the commencement of any Action by
any third party that is the subject of indemnification under <U>Section</U><U></U><U>&nbsp;12.02</U> (a &#147;<B>Third Party Claim</B>&#148;); <I>provided</I>, that the failure of the Indemnified Party to give notice as provided in this
<U>Section</U><U></U><U>&nbsp;12.03(a)</U> shall not relieve any Indemnifying Party of its obligations under <U>Section</U><U></U><U>&nbsp;12.02</U>, except to the extent that such failure materially and adversely prejudices the rights of any such
Indemnifying Party. Such notice shall set forth in reasonable detail such claim and the basis for indemnification (taking into account the information then available to the Indemnified Party). Thereafter, the Indemnified Party shall deliver to the
Indemnifying Party, as promptly as reasonably practicable following the Indemnified Party&#146;s receipt thereof, copies of all written notices and material documents (including any court papers) received by the Indemnified Party relating to the
Third Party Claim and the Indemnified Party shall provide the Indemnifying Party with such other information with respect to any such Third Party Claim reasonably requested by the Indemnifying Party. The Indemnifying Party shall have the right, at
its sole option and expense, to be represented by counsel of its choice and, subject to the limitations set forth in this <U>Section</U><U></U><U>&nbsp;12.03</U>, to assume control of, and defend against, negotiate, settle (subject to clause (b)) or
otherwise deal with such Third Party Claim by providing written notice to the Indemnified Party thereof within twenty (20)&nbsp;days after receipt of a Claim Notice in respect of such Third Party Claim, but the Indemnified Party may nonetheless
participate in the defense of such Third Party Claim with its own counsel and at its own expense except as set forth below. If the Indemnifying Party elects not to defend against, negotiate, settle or otherwise deal with any Third Party Claim
pursuant to this <U>Article 12</U>, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">96 </P>

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then the Indemnified Party may defend against, negotiate, settle (subject to clause (b)) or otherwise deal with such Third Party Claim. If the Indemnifying Party shall assume the defense of any
Third Party Claim pursuant to this <U>Article 12</U>, then the Indemnified Party may participate, at his or its own expense, in the defense of such Third Party Claim; <I>provided</I>, that such Indemnified Party shall be entitled to participate in
any such defense with separate counsel at the expense of the Indemnifying Party if (i)&nbsp;requested by the Indemnifying Party to participate or (ii)&nbsp;in the reasonable opinion of counsel to the Indemnifying Party, a material conflict exists
between the Indemnified Party and the Indemnifying Party that would make such separate representation advisable; <I>provided</I>,<I> further</I>, that the Indemnifying Party shall not be required to pay for more than one such counsel (and one
additional firm of legal counsel in each jurisdiction implicated in such legal proceedings), as needed, for all Indemnified Parties in connection with any Third Party Claim. Notwithstanding anything to the contrary herein, if a Third Party Claim
(A)&nbsp;seeks as its primary remedy <FONT STYLE="white-space:nowrap">non-monetary</FONT> relief which, if granted, could adversely affect the Indemnified Party or its Affiliates and that the Indemnified Party reasonably determines, after conferring
with its outside counsel, cannot be readily separated from any related claim for money damages, (B)&nbsp;involves a criminal or quasi-criminal proceeding, or (C)&nbsp;asserts Damages in excess of the applicable liability cap set forth herein (after
taking into account all prior and pending indemnifiable Damages), then, in each case, the Indemnified Party shall, in the first instance, have the right to defend against, negotiate, settle (subject to clause (b)) or otherwise deal with such Third
Party Claim and, only in the event the Indemnified Party declines to do so, shall the Indemnifying Party have the right to do so as set forth above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Notwithstanding anything in this <U>Section</U><U></U><U>&nbsp;12.03</U> to the contrary, neither the Indemnifying Party nor the
Indemnified Party shall, without the written consent of the other party (such consent not to be unreasonably withheld), settle or compromise any Third Party Claim or permit a default or consent to entry of any judgment. Notwithstanding the
foregoing, consent of the Indemnified Party shall not be required for any such settlement if (A)&nbsp;the Indemnified Party is handling the defense of such Third Party Claim in accordance with clause (a)&nbsp;above or (B)&nbsp;(i) the sole relief
provided is monetary damages that are paid in full by the Indemnifying Party, (ii)&nbsp;such settlement does not permit any Order or other equitable relief to be entered, directly or indirectly, against the Indemnified Party and (iii)&nbsp;such
settlement includes an unconditional release of such Indemnified Party from all liability on claims that are the subject matter of such Third Party Claim and does not include any statement as to or any admission of fault, culpability or failure to
act by or on behalf of any Indemnified Party. If the Indemnifying Party makes any payment on any Third Party Claim, then the Indemnifying Party shall be subrogated, to the extent of such payment, to all rights and remedies of the Indemnified Party
to any insurance benefits of the Indemnified Party with respect to such Third Party Claim. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) After any decision, judgment or award
shall have been rendered by a Governmental Authority of competent jurisdiction, or a settlement shall have been consummated (in accordance with this <U>Article 12</U>), or the Indemnified Party and the Indemnifying Party shall have arrived at a
mutually binding agreement with respect to a Third Party Claim hereunder, the Indemnified Party shall forward to the Indemnifying Party notice of any sums due and owing by the Indemnifying Party pursuant to this Agreement with respect to such
matter. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Each party shall reasonably cooperate, and cause their respective Affiliates to cooperate, in the defense or prosecution of
any Third Party Claim and shall furnish or cause to be furnished such records, information and testimony, and attend such conferences, discovery proceedings, hearings, trials or appeals, as may be reasonably requested in connection therewith. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">97 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.04. <I>Direct Claim Procedures</I>. In the event an Indemnified Party has a
claim for indemnity under <U>Section</U><U></U><U>&nbsp;12.02</U> against an Indemnifying Party that does not involve a Third Party Claim, the Indemnified Party agrees to give prompt notice in writing, and as promptly as practicable, of such claim
to the Indemnifying Party. Such notice shall set forth in reasonable detail such claim and the basis for indemnification and the amount of such Damages incurred or that such Indemnified Party reasonably estimates in good faith is likely to be
incurred in connection with such claim (taking into account the information then available to the Indemnified Party). The failure to notify the Indemnifying Party as provided in this <U>Section</U><U></U><U>&nbsp;12.04</U> shall not relieve the
Indemnifying Party of its obligations hereunder, except to the extent that such failure shall have actually materially and adversely prejudiced the Indemnifying Party. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.05. <I>Calculation of Damages</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) The amount of any Damages payable under <U>Section</U><U></U><U>&nbsp;12.02</U> by the Indemnifying Party shall be net of any amounts
recovered by the Indemnified Party or its Affiliates under applicable insurance policies or from any other Person alleged to be responsible therefor. If the Indemnified Party receives any amounts under applicable insurance policies, or from any
other Person alleged to be responsible for any Damages, then such Indemnified Party shall promptly reimburse the Indemnifying Party for any payment made or <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT>
expense incurred by such Indemnifying Party in connection with providing such indemnification payment up to the amount received by the Indemnified Party, net of any expenses incurred by such Indemnified Party in collecting such amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) The Indemnifying Party shall not be liable under <U>Section</U><U></U><U>&nbsp;12.02</U> for any Damages relating to any matter to the
extent that (A)&nbsp;there is included in the Final Closing Statement a specific liability or reserve relating to such matter or (B)&nbsp;the Indemnified Party had otherwise been compensated for such matter pursuant to the Purchase Price adjustment
under <U>Section</U><U></U><U>&nbsp;2.10</U> . </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Each Indemnified Party will use reasonable best efforts to mitigate in accordance with
Applicable Law any Damages for which such Indemnified Party seeks indemnification under this Agreement. Each Indemnified Party and its Affiliates shall use reasonable best efforts to collect any amounts available under insurance coverage, or from
any other Person alleged to be responsible, for any Damages payable under <U>Section</U><U></U><U>&nbsp;12.02</U>. If such Indemnified Party collects any insurance proceeds relating to the circumstances giving rise to such Damages after the
Indemnifying Party has paid the Indemnified Party under any indemnification provision of this Agreement in respect of such Damages, the Indemnified Party must notify the Indemnifying Party and pay to the Indemnifying Party the extent of such
insurance proceeds to the Indemnified Party (<I>less</I> the Indemnified Party&#146;s reasonable costs of pursuing insurance coverage) as promptly as reasonably practicable (and in any event no later than twenty (20)&nbsp;Business Days) after such
insurance proceeds are received. Any indemnification payment made pursuant to this Agreement (for the avoidance of doubt, including any indemnification payment made pursuant to <U>Section</U><U></U><U>&nbsp;8.07</U>) shall be treated by Buyer and
Seller as an adjustment to the Purchase Price for Tax purposes to the fullest extent permitted by Applicable Law. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">98 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.06. <I>Tax Indemnification</I><I>.</I> Notwithstanding anything to the
contrary in this Agreement, this <U>Article 12</U> shall not apply to the survival period or the indemnification for any Taxes or Tax matters (other than indemnification for Taxes that represent Damages in respect of a
<FONT STYLE="white-space:nowrap">non-Tax</FONT> claim) covered by <U>Article 8</U>. The procedures for such indemnification (including any indemnification for Excluded Liabilities that relate to Taxes) shall be governed solely by <U>Article 8</U>.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;12.07. <I>Exclusivity</I>. After the Closing, except for claims for Fraud, claims in connection with the dispute resolution
provisions of <U>Section</U><U></U><U>&nbsp;2.09</U>, claims made in accordance with the other Transaction Documents, claims for specific performance in accordance with <U>Section</U><U></U><U>&nbsp;13.08</U>, or claims relating to Taxes under
<U>Article 8</U>, the indemnification provisions in this <U>Article 12</U> shall be the sole and exclusive remedy for any claim arising out of this Agreement or the transactions contemplated hereby; <I>provided</I>, that, nothing herein shall be
construed to limit any remedy set forth in any representation and warranty insurance policy entered into in connection herewith. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ARTICLE
13 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">M<SMALL>ISCELLANEOUS</SMALL> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.01. <I>Notices</I>. All notices, requests and other communications to any party hereunder shall be in writing (including
transmission and electronic mail (&#147;<B><FONT STYLE="white-space:nowrap">e-mail</FONT></B>&#148;) transmission) and shall be given, </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">if
to Buyer, to: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">EssilorLuxottica S.A.</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><FONT
STYLE="white-space:nowrap">1-5</FONT> rue Paul C&eacute;zanne</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">75008 Paris</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">France</P></TD></TR>
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<TD VALIGN="top">Attention:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Alexander Lunshof</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Pierluigi Longo</TD></TR>
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<TD VALIGN="top">Email:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">alexander.lunshof@essilorluxottica.com</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">pierluigi.longo@luxottica.com</TD></TR></TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">with a copy (which shall not
constitute notice) to: </P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">EssilorLuxottica S.A.</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">147 rue de
Paris</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">84220 <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Charenton-Le-Pont</FONT></FONT></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">France</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Attention:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Alexander Lunshof</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Pierluigi Longo</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Email:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">alexander.lunshof@essilorluxottica.com</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">pierluigi.longo@luxottica.com</TD></TR>
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Latham&nbsp;&amp; Watkins LLP</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">330
North Wabash Ave, Suite 2800</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Chicago, IL 60611</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Attention:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Bradley C. Faris</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Jason Morelli</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Email:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">bradley.faris@lw.com</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">jason.morelli@lw.com</TD></TR>
</TABLE></DIV>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">if to Seller, to: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">V.F. Corporation</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">1551 Wewatta
Street</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">Denver, CO 80202</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">Attention: General Counsel</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="white-space:nowrap">E-mail:</FONT> Jennifer_Sim@vfc.com</TD></TR></TABLE></DIV>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">with a copy (which shall not constitute notice) to: </P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Davis Polk&nbsp;&amp; Wardwell LLP</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">450 Lexington Avenue</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">New York, NY 10017</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Attention:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Marc O. Williams</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Daniel Brass</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><FONT STYLE="white-space:nowrap">E-mail:</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">marc.williams@davispolk.com</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">daniel.brass@davispolk.com</TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">or such other address (including email address) as such party may hereafter specify for the purpose by notice to the
other parties hereto. All such notices, requests and other communications shall be deemed received on the date of receipt by the recipient thereof if received during normal business hours in the place of receipt. Otherwise, any such notice, request
or communication shall be deemed not to have been received until the next succeeding business day in the place of receipt. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.02. <I>Amendments and Waivers</I>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Any provision of this Agreement may be amended or waived if, but only if, such amendment or waiver is in writing and is signed, in the
case of an amendment, by each party to this Agreement, or in the case of a waiver, by the party against whom the waiver is to be effective. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) No failure or delay by any party in exercising any right, power or privilege hereunder shall impair such right or remedy or operate or be
construed as a waiver or variation thereof nor shall any single or partial exercise of any such right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) The rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by law. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">100 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.03. <I>Expenses</I>. Except as otherwise expressly provided herein, all
costs and expenses incurred in connection with this Agreement shall be paid by the party (including its Affiliates) incurring such cost or expense. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.04. <I>Successors and Assigns</I>. The provisions of this Agreement shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns; <I>provided</I>, that no party may assign, delegate or otherwise transfer any of its rights or obligations under this Agreement without the consent of each other party hereto;
<I>provided</I>,<I> </I>that Buyer may without the prior written consent of Seller, (i)&nbsp;assign or otherwise transfer its rights, interests and obligations hereunder, in whole or in part, to any current or future Affiliate of Buyer or
(ii)&nbsp;following the Closing, assign its rights or interests to any Person in connection with any disposition or transfer of all or any portion of the businesses or assets of Buyer or any of its Subsidiaries; <I>provided</I> that no such
assignment or delegation pursuant to clauses (i)&nbsp;or (ii) shall relieve Buyer of any of its obligations under this Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.05. <I>Governing Law</I>. This Agreement shall be governed by and construed in accordance with the law of the State of New
York, without regard to the conflicts of law rules of such state. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.06. <I>Jurisdiction; WAIVER OF JURY TRIAL</I>. The
parties hereto agree that any suit, action or proceeding seeking to enforce any provision of, or based on any matter arising out of or in connection with, this Agreement or the transactions contemplated hereby shall be brought in the United States
District Court for the Southern District of New York or any New York State court sitting in New York City, so long as one of such courts shall have subject matter jurisdiction over such suit, action or proceeding, and that any cause of action
arising out of this Agreement shall be deemed to have arisen from a transaction of business in the State of New York, and each of the parties hereby irrevocably consents to the jurisdiction of such courts (and of the appropriate appellate courts
therefrom) in any such suit, action or proceeding and irrevocably waives, to the fullest extent permitted by law, any objection that it may now or hereafter have to the laying of the venue of any such suit, action or proceeding in any such court or
that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum. Process in any such suit, action or proceeding may be served on any party anywhere in the world, whether within or without the jurisdiction
of any such court. Without limiting the foregoing, each party agrees that service of process on such party as provided in <U>Section</U><U></U><U>&nbsp;13.01</U> shall be deemed effective service of process on such party. EACH OF THE PARTIES TO THIS
AGREEMENT HEREBY IRREVOCABLY WAIVES, AND SHALL CAUSE ITS SUBSIDIARIES AND AFFILIATES TO WAIVE, ALL RIGHT TO A TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT, ANY OTHER TRANSACTION DOCUMENT OR THE
TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.07. <I>Counterparts; Effectiveness; No Third Party Beneficiaries</I>. This
Agreement may be signed in any number of counterparts (including by electronic transmission), each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. This Agreement shall become
effective when each party hereto shall have received a counterpart hereof signed by the other party hereto. Until and unless each party has received a counterpart hereof signed by the other party hereto, this Agreement shall have no effect and no
party shall have any right or obligation hereunder (whether by virtue of any other oral or written agreement or other communication). No provision of this Agreement is intended to confer any rights, benefits, remedies, obligations, or liabilities
hereunder upon any Person other than the parties hereto and their respective successors and assigns. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">101 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.08. <I>Specific Performance</I>. The parties hereto agree that irreparable
damage would occur, and that the parties would not have any adequate remedy at law, in the event that any of the provisions of this Agreement (including failing to take such actions as are required of it hereunder to consummate the transactions
contemplated hereby) were not performed in accordance with the terms hereof. It is accordingly agreed that the parties shall be entitled to an injunction or injunctions to prevent breaches or threatened breaches of this Agreement and to specifically
enforce the performance of the terms and provisions of this Agreement, without proof of actual damages or otherwise, in any federal court located in the State of New York or, to the extent that no such federal court has jurisdiction over such
proceeding, in any New York state court, in addition to any other remedy to which any party is entitled at law or in equity. Each party agrees to waive any requirement for the securing or posting of any bond in connection with such remedy. The
parties further agree not to assert that a remedy of specific enforcement is unenforceable, invalid, contrary to law or inequitable for any reason, nor to assert that a remedy of monetary damages would provide an adequate remedy. To the extent any
party hereto brings an action, suit or proceeding to enforce specifically the performance of the terms and provisions of this Agreement (other than an action to enforce specifically any provision that expressly survives the termination of this
Agreement), the End Date shall automatically be extended to (i)&nbsp;the 20<SUP STYLE="font-size:75%; vertical-align:top">th</SUP> Business Day following the resolution of such action, suit or proceeding or (ii)&nbsp;such other time period
established by the court presiding over such action, suit or proceeding. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.09. <I>Entire Agreement</I>. The Transaction
Documents and the Confidentiality Agreement constitute the entire agreement between the parties with respect to the subject matter hereof and thereof and supersede all prior agreements and understandings, both oral and written, between the parties
with respect to the subject matter hereof and thereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.10. <I>Bulk Sales Laws</I>. Buyer acknowledges that Seller has not
taken, and does not intend to take, any action that may be required to comply with the provisions of all Applicable Laws relating to bulk transfers or similar provisions in connection with the transfer of the Interests and the Purchased Assets. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.11. <I>Severability</I>. If any term, provision, covenant or restriction of this Agreement is held by a court of competent
jurisdiction or other Governmental Authority to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired
or invalidated so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party. Upon such a determination, 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 an acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the fullest extent possible. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">102 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.12. <I>Disclosure Schedule</I>. The parties acknowledge and agree that
(i)&nbsp;matters reflected on the Disclosure Schedule are not necessarily limited to matters required to be reflected therein, (ii)&nbsp;the inclusion of any items or information in the Disclosure Schedule that are not required by this Agreement to
be so included is solely for the convenience of Buyer, (iii)&nbsp;the disclosure by Seller of any matter in the Disclosure Schedule shall not be deemed to constitute an acknowledgement by Seller that the matter is required to be disclosed by the
terms of this Agreement or that the matter is material, (iv)&nbsp;if any section of <U>Article 3</U> of the Disclosure Schedule lists an item or information in such a way as to make its relevance to the disclosure required by or provided in another
section of <U>Article 3</U> of the Disclosure Schedule or reasonably apparent on the face of such disclosure, the matter shall be deemed to have been disclosed in or with respect to such section of <U>Article 3</U> of the Disclosure Schedule (other
than <U>Section</U><U></U><U>&nbsp;3.07(b)</U>), notwithstanding the omission of an appropriate cross-reference to such other section or the omission of a reference in the particular representation and warranty to such section of the Disclosure
Schedule, (v)&nbsp;except as provided in clause (iv)&nbsp;above, headings have been inserted in the Disclosure Schedule for convenience of reference only, and (vi)&nbsp;the Disclosure Schedule and the information and statements contained therein are
not intended to constitute, and shall not be construed as constituting, representations or warranties of Seller except as and to the extent provided in this Agreement. Without limiting the generality of the foregoing, all references in the
Disclosure Schedule to the enforceability of agreements with third parties, the existence or <FONT STYLE="white-space:nowrap">non-existence</FONT> of third-party rights, the absence or existence of breaches or defaults by Seller, any of its
Subsidiaries or third parties, or similar matters or statements, are intended only to allocate rights and risks among the parties to this Agreement and are not intended to be admissions against interests, give rise to any inference or proof of
accuracy or be admissible against any party by or in favor of any Person who is not a party to this Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.13. <I>No
Right to <FONT STYLE="white-space:nowrap">Set-Off</FONT></I>. Each of Seller and Buyer, on its own behalf and on behalf of its Affiliates (including with respect to Buyer after the Closing, the Purchased Subsidiaries), hereby unconditionally and
irrevocably waives any rights of <FONT STYLE="white-space:nowrap">set-off,</FONT> netting, offset, recoupment, or similar rights that Seller and its Affiliates, or Buyer and its Affiliates, as applicable, have or may have with respect to the payment
of the Purchase Price or any other payments to be made by Seller or Buyer, as applicable pursuant to this Agreement or any other Transaction Document. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;13.14. <I>No Recourse</I>. Without limiting any other provision of this Agreement, it is hereby agreed and acknowledged that this
Agreement may only be enforced against, and any claims of action that may be based upon, arise out of, or relate to, this Agreement, or the negotiation, execution or performance of this Agreement, may only be made against the parties hereto, and no
former, current or future Affiliates, officers, directors, managers, employees, equityholders, managers, members, partners, agents, representatives or assigns of Seller or Buyer, in each case who is not a party to this Agreement shall have any
liability for any obligations of the parties hereto or for any claim based on, in respect of, or by reason of, the transactions contemplated hereby. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">[Signature Page Follows] </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">103 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by
their respective authorized officers as of the day and year first above written. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="3"><B>V.F. CORPORATION</B></TD></TR>
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<TD VALIGN="top">By:</TD>
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<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Bracken Darrell</P></TD></TR>
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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Bracken Darrell</TD></TR>
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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: President and Chief Executive Officer</TD></TR>
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<TD VALIGN="top" COLSPAN="3"><B>ESSILORLUXOTTICA S.A.</B></TD></TR>
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<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Paul Kawilarang</P></TD></TR>
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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Paul Kawilarang</TD></TR>
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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: Attorney-in-Fact</TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">[<I>Signature Page to Stock and Asset Purchase Agreement</I>] </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

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</TABLE> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>EssilorLuxottica to Acquire
</B><B><I>Supreme</I></B><B><SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP> from VF Corporation </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Paris, France and Denver, CO (17 July
2024 &#150; 8am CEST) &#150; </B>EssilorLuxottica, a global leader in the optical industry, and VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced that they have entered into a
definitive agreement for EssilorLuxottica to acquire the <I>Supreme</I><I><SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP></I> brand from VF for $1.5&nbsp;billion in cash. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Francesco Milleri, Chairman and Chief Executive Officer and Paul du Saillant, Deputy Chief Executive Officer at EssilorLuxottica said: <I>&#147;</I><I>We see
an incredible opportunity in bringing an iconic brand like Supreme</I><I><SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP></I><I> into our Company. It perfectly aligns with our innovation and development journey, offering us a direct
connection to new audiences, languages and creativity. With its unique brand identity, fully-direct commercial approach and customer experience &#150; a model we will work to preserve &#150; Supreme</I><I><SUP
STYLE="font-size:75%; vertical-align:top">&reg;</SUP></I><I> will have its own space within our house brand portfolio and complement our licensed portfolio as well. They will be well-positioned to leverage our Group</I><I>&#146;</I><I>s expertise,
capabilities, and operating platform.</I><I>&#148;</I> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Bracken Darrell, President and Chief Executive Officer at VF said, &#147;<I>Under VF,
Supreme</I><I><SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP></I><I> expanded its presence in the key markets of China and South Korea and has returned to delivering strong growth. However, given the brand&#146;s distinct business model
and VF&#146;s integrated model, our strategic portfolio review concluded there are limited synergies between Supreme</I><I><SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP></I><I> and VF, making a sale a natural next step. Alongside the
other notable brands in EssilorLuxottica&#146;s portfolio, Supreme</I><I><SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP></I><I> and its talented team will be well-positioned for continued success.&#148; Darrell continued, &#147;While we
will always look to adjust the VF portfolio from time to time, this transaction gives us increased balance sheet flexibility. It also supports our overall program to better position the company for long term growth and more normalized debt
levels.</I>&#148; </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Supreme<SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP> </I>Founder James Jebbia commented,<I> &#147;In EssilorLuxottica,
we have a unique partner that understands that we are at our best when we stay true to the brand and continue to operate and grow as we have for the past 30 years. This move lets us focus on the brand, our products, and our customers, while setting
us up for long-term success.&#148; </I></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The transaction is expected to close by the end of CY2024, subject to customary closing conditions and regulatory
approvals. The <I>Supreme</I><I><SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP></I> brand runs a digital-first business and 17 stores in the U.S., Asia and Europe. The sale of
<I>Supreme</I><I><SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP></I> is expected to be dilutive to VF&#146;s earnings per share in fiscal 2025. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">J.P. Morgan and Latham and Watkins are serving as exclusive financial and legal advisors to EssilorLuxottica on the transaction, respectively. Goldman
Sachs&nbsp;&amp; Co. LLC is serving as lead financial advisor and UBS Investment Bank is serving as financial advisor to VF. Davis Polk&nbsp;&amp; Wardwell LLP is acting as legal advisor to VF. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman"><B>About Supreme<SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP> </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman">In April 1994, <I>Supreme</I><SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP> opened its doors on Lafayette Street in downtown Manhattan and became
the home of New York City skate culture. At its core was a group of neighborhood kids, New York skaters and local artists who became the store&#146;s staff, crew and customers. While it developed into a downtown institution, Supreme established
itself as a brand known for its quality, style, and authenticity. Over 30 years, the <I>Supreme</I><SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP> brand has expanded from its New York City origins into a global community, operating 17
retail stores and an e-commerce platform across all regions. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman"><B>About EssilorLuxottica </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman">EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. With over 200,000 employees across
150 countries, 650 operations facilities and 18,000 stores, in 2023 the Company generated consolidated revenue of Euro 25.4&nbsp;billion. Its mission is to help people around the world to see more and be more by addressing their evolving vision
needs and personal style aspirations. EssilorLuxottica is home to the most advanced lens technologies including Varilux, Stellest </P>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman">
and Transitions, the most iconic eyewear brands including <FONT STYLE="white-space:nowrap">Ray-Ban</FONT> and Oakley, the most desired luxury licensed brands and world-class retailers including
LensCrafters and Sunglass Hut. The Company&#146;s OneSight EssilorLuxottica Foundation has given access to sustainable vision care to more than 760&nbsp;million people in underserved communities. The EssilorLuxottica share trades on the Euronext
Paris market and is included in the Euro Stoxx 50 and CAC 40 indices. Codes and symbols: ISIN: FR0000121667; Reuters: ESLX.PA; Bloomberg: EL:FP. <U>www.essilorluxottica.com</U> </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman"><B>About VF </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman">Founded in 1899, VF Corporation is one of the
world&#146;s largest apparel, footwear and accessories companies connecting people to the lifestyles, activities and experiences they cherish most through a family of iconic outdoor, active and workwear brands including Vans<SUP
STYLE="font-size:75%; vertical-align:top">&reg;</SUP>, The North Face<SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP>, Timberland<SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP> and Dickies<SUP
STYLE="font-size:75%; vertical-align:top">&reg;</SUP>. Our purpose is to power movements of sustainable and active lifestyles for the betterment of people and our planet. We connect this purpose with a relentless drive to succeed to create value for
all stakeholders and use our company as a force for good. For more information, please visit vfc.com. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


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<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="62%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"><B>EssilorLuxottica</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><B>VF Corporation:</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top">Corporate Communications</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Media Contact</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top">Marco Catalani</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Colin Wheeler</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top">Head of Corporate Communications</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Vice President, Corporate Communications</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"><U>media@essilorluxottica.com</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><U>colin_wheeler@vfc.com</U></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"><B>Investor Relations</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><B>Investor Contact</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top">Giorgio Iannella</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Allegra Perry</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top">Head of Investor Relations</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Vice President, Investor Relations</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"><U>ir@essilorluxottica.com</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><U>ir@vfc.com</U></TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman"><B>VF Forward-looking Statements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman">Certain statements made by VF included in this release are &#147;forward-looking statements&#148; within the meaning of the federal securities laws.
Forward-looking statements are made based on VF&#146;s expectations and beliefs concerning future events impacting VF and therefore involve several risks and uncertainties. You can identify these statements by the fact that they use words such as
&#147;will,&#148; &#147;anticipate,&#148; &#147;believe,&#148; &#147;estimate,&#148; &#147;expect,&#148; &#147;should,&#148; and &#147;may&#148; and other words and terms of similar meaning or use of future dates, however, the absence of these words
or&nbsp;similar expressions does not mean that a statement is not forward-looking. All statements regarding the expected benefits, financial impact and timing of the sale of the Supreme<SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP>
brand, including the use of proceeds therefrom, and assumptions related thereto are forward-looking statements. VF cautions that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or
implied in the forward-looking statements. VF undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Potential risks and
uncertainties that could cause the actual results of operations or financial condition of VF to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: whether and when the required regulatory
approvals for the proposed sale of the Supreme<SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP> brand will be obtained, whether and when the closing conditions will be satisfied and whether and when the proposed sale of the Supreme<SUP
STYLE="font-size:75%; vertical-align:top">&reg;</SUP> brand will close, if at all; VF&#146;s ability to execute, and realize benefits, successfully, or at all, from the proposed sale of the
Supreme<SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP> brand; the level of consumer demand for apparel and footwear; disruption to VF&#146;s distribution system; changes in global economic conditions and the financial strength of
VF&#146;s consumers and customers, including as a result of current inflationary pressures; fluctuations in the price, availability and quality of raw materials and finished products; disruption and volatility in the global capital and credit
markets; VF&#146;s response to changing fashion trends, evolving consumer preferences and changing patterns of consumer behavior; VF&#146;s ability to maintain the image, health and equity of its brands, including through investment in brand
building and product innovation; intense competition from online retailers and other <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">direct-to-consumer</FONT></FONT> business risks; increasing pressure on margins; retail industry
changes and challenges; VF&#146;s ability to execute its Reinvent transformation program and other business priorities, including measures to streamline and <FONT STYLE="white-space:nowrap">right-size</FONT> its cost base and strengthen the balance
sheet while reducing leverage, including any sale of the Supreme<SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP> brand; VF&#146;s ability to successfully establish a global commercial organization, and identify and capture efficiencies in
its business model; any inability of VF or third parties on which VF relies, to maintain the strength and security of information technology systems; the fact that VF&#146;s facilities and systems, and those of third parties on which VF relies, are
frequent targets of cyber-attacks, and may in the future be vulnerable to such attacks, and any inability or failure by VF or such third parties to anticipate or detect data or information security breaches or other cyber-attacks, including the
cyber incident that was reported by VF in December 2023, could result in data or financial loss, reputational harm, business disruption, damage to VF&#146;s relationships with customers, consumers, employees and third parties on which VF relies,
litigation, regulatory investigations, enforcement actions or other negative impacts; any inability by VF or third parties on which VF relies to properly collect, use, manage and secure business, consumer and employee data and comply with
</P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman">
privacy and security regulations; VF&#146;s ability to adopt new technologies, including artificial intelligence, in a competitive and responsible manner; foreign currency fluctuations; stability
of&nbsp;VF&#146;s vendors&#146; manufacturing facilities and operations and VF&#146;s ability to establish and maintain effective supply chain capabilities; continued use by VF&#146;s suppliers of ethical business practices; VF&#146;s ability to
accurately forecast demand for products; actions of activist and other shareholders; VF&#146;s ability to recruit, develop or retain key executive or employee talent or successfully transition executives; continuity of members of VF&#146;s
management; changes in the availability and cost of labor; VF&#146;s ability to protect trademarks and other intellectual property rights; possible goodwill and other asset impairment; maintenance by VF&#146;s licensees and distributors of the value
of VF&#146;s brands; VF&#146;s ability to execute acquisitions and divestitures, integrate acquisitions and manage its brand portfolio, including any sale of the Supreme<SUP STYLE="font-size:75%; vertical-align:top">&reg;</SUP> brand; business
resiliency in response to natural or <FONT STYLE="white-space:nowrap">man-made</FONT> economic, public health, cyber, political or environmental disruptions; changes in tax laws and additional tax liabilities; legal, regulatory, political, economic,
and geopolitical risks, including those related to the current conflicts in Ukraine and the Middle East and tensions between the U.S. and China; changes to laws and regulations; adverse or unexpected weather conditions, including any potential
effects from climate change; VF&#146;s indebtedness and its ability to obtain financing on favorable terms, if needed, could prevent VF from fulfilling its financial obligations; VF&#146;s ability to pay and declare dividends or repurchase its stock
in the future; climate change and increased focus on environmental, social and governance issues; VF&#146;s ability to execute on its sustainability strategy and achieve its sustainability-related goals and targets; risks arising from the widespread
outbreak of an illness or any other communicable disease, or any other public health crisis, including the coronavirus <FONT STYLE="white-space:nowrap">(COVID-19)</FONT> global pandemic; and tax risks associated with the <FONT
STYLE="white-space:nowrap">spin-off</FONT> of VF&#146;s Jeanswear business completed in 2019. More information on potential factors that could affect VF&#146;s financial results is included from time to time in VF&#146;s public reports filed with
the SEC, including VF&#146;s Annual Report on <FONT STYLE="white-space:nowrap">Form&nbsp;10-K,</FONT> and Quarterly Reports on <FONT STYLE="white-space:nowrap">Form&nbsp;10-Q,</FONT> and <FONT STYLE="white-space:nowrap">Forms&nbsp;8-K</FONT> filed
or furnished with the SEC. </P>
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    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityExchangeName" xlink:type="locator" xlink:label="dei_SecurityExchangeName" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityEmergingGrowthCompany" xlink:type="locator" xlink:label="dei_EntityEmergingGrowthCompany" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="vfc32_DocumentAndEntityInformationTable" order="1" priority="2" use="optional" xbrldt:contextElement="segment" xbrldt:closed="true" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="vfc32_DocumentAndEntityInformationTable" xlink:to="us-gaap_StatementClassOfStockAxis" order="1" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="us-gaap_StatementClassOfStockAxis" xlink:to="us-gaap_ClassOfStockDomain" order="23" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="us-gaap_StatementClassOfStockAxis" xlink:to="us-gaap_ClassOfStockDomain_2" order="23.0001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="us-gaap_CommonStockMember" order="24" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="vfc32_M4.125SeniorNotesDue2026Member" order="25" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="vfc32_M0.250SeniorNotesDue2028Member" order="26" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="vfc32_M4.250SeniorNotesDue2029Member" order="27" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="vfc32_M0.625SeniorNotesDue2032Member" order="28" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityRegistrantName" order="30.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_AmendmentFlag" order="31.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityCentralIndexKey" order="32.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_DocumentType" order="36.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_DocumentPeriodEndDate" order="37.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityIncorporationStateCountryCode" order="38.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityFileNumber" order="39.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityTaxIdentificationNumber" order="40.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityAddressAddressLine1" order="41.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityAddressCityOrTown" order="42.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityAddressStateOrProvince" order="43.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityAddressPostalZipCode" order="44.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_CityAreaCode" order="45.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_LocalPhoneNumber" order="46.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_WrittenCommunications" order="47.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_SolicitingMaterial" order="48.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_PreCommencementTenderOffer" order="49.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_PreCommencementIssuerTenderOffer" order="50.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_Security12bTitle" order="51.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_TradingSymbol" order="52.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_SecurityExchangeName" order="53.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="vfc32_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityEmergingGrowthCompany" order="54.001" priority="2" use="optional" />
  </link:definitionLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>6
<FILENAME>vfc32-20240716_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: Release master Build:20231012.2 -->
<!-- Creation date: 7/17/2024 11:06:31 AM Eastern Time -->
<!-- Copyright (c) 2024 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<link:linkbase
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink"
  xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
  xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CoverAbstract" xlink:type="locator" xlink:label="dei_CoverAbstract" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_CoverAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_CoverAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cover [Abstract]</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentFlag" xlink:type="locator" xlink:label="dei_AmendmentFlag" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Flag</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Type</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityIncorporationStateCountryCode" xlink:type="locator" xlink:label="dei_EntityIncorporationStateCountryCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation State Country Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Incorporation State Country Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFileNumber" xlink:type="locator" xlink:label="dei_EntityFileNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity File Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity File Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityTaxIdentificationNumber" xlink:type="locator" xlink:label="dei_EntityTaxIdentificationNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Tax Identification Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine1" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine1" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line One</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCityOrTown" xlink:type="locator" xlink:label="dei_EntityAddressCityOrTown" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, City or Town</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressStateOrProvince" xlink:type="locator" xlink:label="dei_EntityAddressStateOrProvince" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, State or Province</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressPostalZipCode" xlink:type="locator" xlink:label="dei_EntityAddressPostalZipCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode" xlink:type="locator" xlink:label="dei_CityAreaCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Area Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber" xlink:type="locator" xlink:label="dei_LocalPhoneNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Local Phone Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_WrittenCommunications" xlink:type="locator" xlink:label="dei_WrittenCommunications" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_WrittenCommunications_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Written Communications</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_WrittenCommunications_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Written Communications</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SolicitingMaterial" xlink:type="locator" xlink:label="dei_SolicitingMaterial" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_SolicitingMaterial_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Soliciting Material</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_SolicitingMaterial_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Soliciting Material</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementTenderOffer" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" />
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>7
<FILENAME>vfc32-20240716_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
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<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<span style="display: none;">v3.24.2</span><table class="report" border="0" cellspacing="2" id="idm140602825649600">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th"><div>Jul. 16, 2024</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_vfc32_DocumentAndEntityInformationLineItems', window );"><strong>Document And Entity Information [Line Items]</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_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">V F CORP<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_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000103379<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_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<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">Jul. 16,  2024<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 Country Code</a></td>
<td class="text">PA<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_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">1-5256<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_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">23-1180120<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">1551 Wewatta Street<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_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Denver<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_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">CO<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_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">80202<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_CityAreaCode', window );">City Area Code</a></td>
<td class="text">(720)<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_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">778-4000<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_WrittenCommunications', window );">Written Communications</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_SolicitingMaterial', window );">Soliciting Material</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_PreCommencementTenderOffer', window );">Pre Commencement 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_PreCommencementIssuerTenderOffer', window );">Pre Commencement Issuer 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_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember', window );">Common Stock [Member]</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_vfc32_DocumentAndEntityInformationLineItems', window );"><strong>Document And Entity Information [Line Items]</strong></a></td>
<td class="text">&#160;<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 );">Security 12b Title</a></td>
<td class="text">Common Stock, without par value, stated capital $.25 per share<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">VFC<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="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=vfc32_M4.125SeniorNotesDue2026Member', window );">M 4.125 Senior Notes Due 2026 [Member]</a></td>
<td class="text">&#160;<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_vfc32_DocumentAndEntityInformationLineItems', window );"><strong>Document And Entity Information [Line Items]</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_Security12bTitle', window );">Security 12b Title</a></td>
<td class="text">4.125% Senior Notes due 2026<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_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">VFC26<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_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=vfc32_M0.250SeniorNotesDue2028Member', window );">M 0.250 Senior Notes Due 2028 [Member]</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_vfc32_DocumentAndEntityInformationLineItems', window );"><strong>Document And Entity Information [Line Items]</strong></a></td>
<td class="text">&#160;<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 );">Security 12b Title</a></td>
<td class="text">0.250% Senior Notes due 2028<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">VFC28<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="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=vfc32_M4.250SeniorNotesDue2029Member', window );">M 4.250 Senior Notes Due 2029 [Member]</a></td>
<td class="text">&#160;<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_vfc32_DocumentAndEntityInformationLineItems', window );"><strong>Document And Entity Information [Line Items]</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_Security12bTitle', window );">Security 12b Title</a></td>
<td class="text">4.250% Senior Notes due 2029<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_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">VFC29<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_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=vfc32_M0.625SeniorNotesDue2032Member', window );">M 0.625 Senior Notes Due 2032 [Member]</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_vfc32_DocumentAndEntityInformationLineItems', window );"><strong>Document And Entity Information [Line Items]</strong></a></td>
<td class="text">&#160;<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 );">Security 12b Title</a></td>
<td class="text">0.625% Senior Notes due 2032<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">VFC32<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>
</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>
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<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
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<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>
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<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>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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<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_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>
</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_EntityTaxIdentificationNumber">
<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 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>
<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_EntityTaxIdentificationNumber</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:employerIdItemType</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_LocalPhoneNumber">
<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>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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</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_PreCommencementIssuerTenderOffer">
<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 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>
<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_PreCommencementIssuerTenderOffer</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_PreCommencementTenderOffer">
<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 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>
<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_PreCommencementTenderOffer</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_Security12bTitle">
<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>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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</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:securityTitleItemType</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_SecurityExchangeName">
<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 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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<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 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>
<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>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>
<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 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>
<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 );">- References</a><div><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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