<SEC-DOCUMENT>0001062993-19-001071.txt : 20190226
<SEC-HEADER>0001062993-19-001071.hdr.sgml : 20190226
<ACCEPTANCE-DATETIME>20190226074631
ACCESSION NUMBER:		0001062993-19-001071
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20190226
ITEM INFORMATION:		Termination of a Material Definitive Agreement
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190226
DATE AS OF CHANGE:		20190226

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SunOpta Inc.
		CENTRAL INDEX KEY:			0000351834
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-FARM PRODUCT RAW MATERIALS [5150]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Z4
		FISCAL YEAR END:			0101

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34198
		FILM NUMBER:		19631658

	BUSINESS ADDRESS:	
		STREET 1:		2233 ARGENTIA ROAD
		STREET 2:		SUITE 401
		CITY:			MISSISSAUGA
		STATE:			A6
		ZIP:			L5N 2X7
		BUSINESS PHONE:		(905) 455-1990

	MAIL ADDRESS:	
		STREET 1:		2233 ARGENTIA ROAD
		STREET 2:		SUITE 401
		CITY:			MISSISSAUGA
		STATE:			A6
		ZIP:			L5N 2X7

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SUNOPTA INC
		DATE OF NAME CHANGE:	20031107

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	STAKE TECHNOLOGY LTD
		DATE OF NAME CHANGE:	19940901
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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   <TITLE>SunOpta Inc.: Form 8K - Filed by newsfilecorp.com</TITLE>
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<P align=center><B><FONT size=5>UNITED STATES </FONT><BR></B><B><FONT
size=5>SECURITIES AND EXCHANGE COMMISSION </FONT><BR></B><B>WASHINGTON, D.C.
20549 </B></P>
<P align=center><B><FONT size=5>FORM 8-K </FONT></B></P>
<P align=center><B>CURRENT REPORT<BR></B><B>PURSUANT TO SECTION 13 OR 15(d) OF
THE <BR>SECURITIES EXCHANGE ACT OF 1934</B></P>
<P align=center><B>Date of Report (Date of earliest event reported): February
22, 2019 </B></P>
<P align=center><B><U><FONT size=5>SUNOPTA INC.</FONT></U><BR></B><I>(Exact name
of registrant as specified in its charter) </I></P>
<TABLE
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  <TR vAlign=top>
    <TD align=center><U><B>Canada </B></U></TD>
    <TD align=center width="33%"><U><B>001-34198 </B></U></TD>
    <TD align=center width="33%"><U><B>Not Applicable </B></U></TD></TR>
  <TR vAlign=top>
    <TD align=center><I>(State or other jurisdiction of </I></TD>
    <TD align=center width="33%"><I>(Commission File Number) </I></TD>
    <TD align=center width="33%"><I>(IRS Employer Identification </I></TD></TR>
  <TR vAlign=top>
    <TD align=center><I>incorporation) </I></TD>
    <TD align=left width="33%">&nbsp; </TD>
    <TD align=center width="33%"><I>No.) </I></TD></TR></TABLE>
<P align=center><B>2233 Argentia Road, Suite 401 <BR><U>Mississauga, Ontario,
L5N 2X7, Canada</U><BR></B><I>(Address of Principal Executive Offices)</I></P>
<P align=center><B><U>(905) 821-9669</U><BR></B><I>(Registrant's telephone
number, including area code)</I></P>
<P align=justify>Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:</P>
<P align=justify>[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)</P>
<P align=justify>[ ] Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a -12)</P>
<P align=justify>[ ] Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d -2(b))</P>
<P align=justify>[ ] Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e -4(c)) </P>
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<P align=justify><B>ITEM 1.02 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
</B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On February 22, 2019, SunOpta
Grains and Foods Inc. (the &#147;Seller&#148;), a subsidiary of SunOpta Inc. (the
"Company"), entered into an Asset Purchase Agreement (the "Agreement") with
Pipeline Foods, LLC (the &#147;Purchaser&#148;), pursuant to which the Purchaser agreed to
purchase substantially all of the assets of the Company&#146;s organic corn and soy
business (the "Business") for $66.5 million, subject to certain post-closing
adjustments. The transaction closed contemporaneously with the execution of the
Agreement. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Business formed part of the
Company&#146;s North American-based raw material sourcing and supply segment and
includes five facilities located in Hope, MN, Blooming Prairie, MN, Ellendale,
MN, Moorhead, MN and Cresco, IA. The Company will continue to operate its other
North American-based sourcing and supply operations, consisting of sunflower and
roasting operations, as well as its European-based international sourcing and
supply platform, known as Tradin Organic, which were not part of the sale. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Agreement contains certain
customary representations, warranties and covenants. In addition, the Agreement
contains certain covenants that restrict the ability of the Seller and the
Company to engage in competition with the Purchaser and the Business for a
period of three years following the Closing Date. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The foregoing represents a
summary of the Agreement, does not purport to include all of the terms of the
Agreement, and is subject to, and qualified in its entirety by, the full text of
the Agreement, which is attached as Exhibit 2.1 to this Current Report on Form
8-K and incorporated herein by reference. The Agreement has been filed to
provide information regarding its terms. It is not intended to modify or
supplement any factual disclosures about the Company or the Business in any
public reports filed or to be filed with the U.S. Securities and Exchange
Commission (the &#147;SEC&#148;) by the Company. In particular, the assertions embodied in
the representations, warranties, and covenants contained in the Agreement were
made only for purposes of the Agreement and as of specified dates, were solely
for the benefit of the parties to the Agreement, and are subject to limitations
agreed upon by the parties to the Agreement, including being qualified by
confidential disclosure schedules provided by the parties in connection with the
execution of the Agreement. These disclosure schedules contain information that
modifies, qualifies and creates exceptions to the representations and warranties
set forth in the Agreement. Moreover, certain representations and warranties in
the Agreement have been made for the purposes of allocating risk between the
parties to the Agreement instead of establishing matters of fact. Accordingly,
the representations and warranties in the Agreement may not constitute the
actual state of facts about the Company, the Seller, the Business or the
Purchaser. The representations and warranties set forth in the Agreement may
also be subject to a contractual standard of materiality different from that
generally applicable under federal securities laws. Investors should not rely on
the representations, warranties, or covenants or any descriptions thereof as
characterizations of the actual state of facts or the actual condition of the
Company or the Business or any of their respective subsidiaries or affiliates.
Moreover, information concerning the subject matter of the representations and
warranties may change after the date of the Agreement, which subsequent
information may or may not be fully reflected in the Company&#146;s public
disclosures. </P>
<P align=justify><B>ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS;
ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY
ARRANGEMENTS OF </B><B>CERTAIN OFFICERS. </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In connection with the closing of
the transaction described in Item 1.01 of this report, on February 22, 2019, Mr.
John Ruelle, Senior Vice President, RMSS and Corporate Development of the
Company, notified the Company of his intention to resign and terminate his
position with the Company.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company and Mr. Ruelle plan
to enter into a Separation Agreement and Full and Final Release (the &#147;Separation
Agreement&#148;) in which Mr. Ruelle&#146;s employment relationship with the Company will
terminate as of March 15, 2019. Pursuant to the Separation Agreement and the
employment agreements and award agreements previously entered into between the
Company and Mr. Ruelle, Mr. Ruelle will be entitled to receive the following:
</P>
<UL style="TEXT-ALIGN: justify">
  <LI>Severance pay in the total gross amount of $640,265 to be paid as a salary
  continuation; and </LI></UL>
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<UL style="TEXT-ALIGN: justify">
  <LI>If Mr. Ruelle elects COBRA, the Company will pay the employer portion and
  COBRA fees for medical and dental coverage for up to eighteen (18) months.
  </LI></UL>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company will apply standard
tax and other applicable withholdings to payments made to Mr. Ruelle. The
Company also will pay Mr. Ruelle accrued but unused vacation, regardless of
whether Mr. Ruelle signs the Separation Agreement. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr. Ruelle&#146;s right to receive the
consideration and benefits is contingent upon Mr. Ruelle&#146;s agreeing to (and not
revoking) a release of claims against the Company, and to that end the
Separation Agreement contains a release and waiver of claims for the benefit of
the Company, pursuant to which Mr. Ruelle agrees to release the Company and
certain other parties from any and all claims, charges, causes of action and
damages arising on or prior to his execution of the Separation Agreement. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In consideration for the payment
and benefits provided under the Separation Agreement, Mr. Ruelle is also subject
to certain non-disparagement and confidentiality provisions as well as
restrictions preventing him from soliciting the customers or employees of the
Company. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr. Ruelle shall have the right
to revoke the Separation Agreement by giving written notice to the Company
within fifteen (15) days after signing the Separation Agreement. In the event of
any such revocation, the Separation Agreement will no longer be effective and
Mr. Ruelle will not receive the payment and benefits listed above. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The foregoing summary of the
Separation Agreement is qualified in its entirety by the text of the Separation
Agreement, which the Company expects to file as an exhibit to its Quarterly
Report on Form 10-Q for the quarter ending March 30, 2019. </P>
<P align=justify><B>ITEM 7.01 REGULATION FD DISCLOSURE </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A copy of the Company&#146;s press
release announcing the execution of the Agreement described in Item 1.01 of this
report is attached to this report as Exhibit 99.1. The information contained in
Exhibit 99.1 is being furnished pursuant to Item 7.01 of this Current Report on
Form 8-K and shall not be deemed to be &#147;filed&#148; for the purposes of Section 18 of
the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), or
otherwise subject to liability under Section 18 of the Exchange Act.
Furthermore, the information contained in Exhibit 99.1 shall not be deemed to be
incorporated by reference into the filings of the Company under the Securities
Act of 1933 or the Exchange Act. </P>
<P align=justify><B>ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. </B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%"><I>(d)</I> </TD>
    <TD>
      <P align=justify><I>Exhibits</I></P></TD></TR></TABLE><BR>
<TABLE
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  <TR vAlign=top>
    <TD align=left  bgColor=#eeeeee ><a href="exhibit2-1.htm">2.1+ </a></TD>
    <TD align=left width="88%" bgColor=#eeeeee><a href="exhibit2-1.htm">Asset Purchase Agreement, dated
      as of February 22, 2019, by and between Pipeline Foods, LLC and SunOpta
      Grains and Foods Inc. </a></TD>
  </TR>
  <TR>
    <TD  >&nbsp;</TD>
    <TD width="88%">&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left  bgColor=#eeeeee ><a href="exhibit99-1.htm">99.1 </a></TD>
    <TD align=left width="88%" bgColor=#eeeeee><a href="exhibit99-1.htm">Press Release dated February
      25, 2019. </a></TD></TR></TABLE>
<P align=justify>+ Exhibits and schedules to this exhibit have been omitted
pursuant to Item 601(b)(2) of Regulation S-K. the Company will furnish copies of
the omitted exhibits and schedules to the Securities and Exchange Commission
upon its request. </P>
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<P align=center><B>SIGNATURES</B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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>
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  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="48%" colSpan=2>SUNOPTA INC. </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="48%"  colSpan=2>&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%" >By: </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="43%">/s/
      Robert McKeracher</TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="5%" >&nbsp;</TD>
    <TD align=left width="43%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%" >&nbsp; </TD>
    <TD align=left width="43%">Robert McKeracher </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%" >&nbsp; </TD>
    <TD align=left width="43%">Vice President and Chief Financial Officer
  </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="5%" >&nbsp;</TD>
    <TD align=left width="43%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%" >Date: </TD>
    <TD align=left width="43%">February 26, 2019 </TD></TR></TABLE><BR>
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<DOCUMENT>
<TYPE>EX-2.1
<SEQUENCE>2
<FILENAME>exhibit2-1.htm
<DESCRIPTION>EXHIBIT 2.1
<TEXT>
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<P align=right><B>Exhibit 2.1 </B></P>
<P align=right><I>Execution Version </I></P>
<P align=center><B>ASSET PURCHASE AGREEMENT </B></P>
<P align=center><B>BY AND BETWEEN </B></P>
<P align=center><B>PIPELINE FOODS, LLC </B></P>
<P align=center><B>AND </B></P>
<P align=center><B>SUNOPTA GRAINS AND FOODS INC. </B></P>
<P align=center><B>DATED AS OF FEBRUARY 22, 2019 </B></P>
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<P align=right><B>Exhibit 2.1 </B></P>
<P align=right><I>Execution Version </I></P>
<P align=center><B>TABLE OF CONTENTS </B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee ><B>ARTICLE 1.</B> </TD>
    <TD align=left width="80%" bgColor=#eeeeee
      ><B>DEFINITIONS</B> </TD>
    <TD align=right width="10%" bgColor=#eeeeee><B>1</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;1.1 </TD>
    <TD align=left width="80%" >Definitions </TD>
    <TD align=right width="10%">1 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;1.2 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Interpretation
</TD>
    <TD align=right width="10%" bgColor=#eeeeee>10 </TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="80%" >&nbsp; </TD>
    <TD width="10%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee ><B>ARTICLE 2.</B> </TD>
    <TD align=left width="80%" bgColor=#eeeeee ><B>PURCHASE AND
      SALE OF PURCHASED ASSETS</B> </TD>
    <TD align=right width="10%" bgColor=#eeeeee><B>11</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;2.1 </TD>
    <TD align=left width="80%" >Purchased Assets. </TD>
    <TD align=right width="10%">11 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;2.2 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Excluded Assets.
    </TD>
    <TD align=right width="10%" bgColor=#eeeeee>12 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;2.3 </TD>
    <TD align=left width="80%" >Assumed Liabilities. </TD>
    <TD align=right width="10%">13 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;2.4 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Excluded
      Liabilities. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>13 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;2.5 </TD>
    <TD align=left width="80%" >Purchase Price; Payment of
      Purchase Price. </TD>
    <TD align=right width="10%">13 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;2.6 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Post-Closing
      Adjustment. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>13 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;2.7 </TD>
    <TD align=left width="80%" >Closing. </TD>
    <TD align=right width="10%">15 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;2.8 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Transfer Taxes.
    </TD>
    <TD align=right width="10%" bgColor=#eeeeee>17 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;2.9 </TD>
    <TD align=left width="80%" >Assignment of Assets. </TD>
    <TD align=right width="10%">17 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;2.10 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Withholding. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>17 </TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="80%" >&nbsp; </TD>
    <TD width="10%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee ><B>ARTICLE 3.</B> </TD>
    <TD align=left width="80%" bgColor=#eeeeee
      ><B>REPRESENTATIONS AND WARRANTIES OF SELLER</B> </TD>
    <TD align=right width="10%" bgColor=#eeeeee><B>18</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3.1 </TD>
    <TD align=left width="80%" >Organization and Qualification.
    </TD>
    <TD align=right width="10%">18 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;3.2 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Authority
      Relative to this Agreement. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>18 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3.3 </TD>
    <TD align=left width="80%" >No Conflict </TD>
    <TD align=right width="10%">19 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;3.4 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Filings and
      Consents. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>19 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3.5 </TD>
    <TD align=left width="80%" >Intellectual Property. </TD>
    <TD align=right width="10%">19 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;3.6 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Environmental and
      Safety Matters </TD>
    <TD align=right width="10%" bgColor=#eeeeee>21 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3.7 </TD>
    <TD align=left width="80%" >Compliance with Laws. </TD>
    <TD align=right width="10%">22 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;3.8 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Assets. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>22 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3.9 </TD>
    <TD align=left width="80%" >Claims and Proceedings. </TD>
    <TD align=right width="10%">23 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;3.10 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Contracts. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>23 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3.11 </TD>
    <TD align=left width="80%" >Affiliated Transactions. </TD>
    <TD align=right width="10%">25 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;3.12 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >No Broker </TD>
    <TD align=right width="10%" bgColor=#eeeeee>25 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3.13 </TD>
    <TD align=left width="80%" >Taxes and Tax Returns. </TD>
    <TD align=right width="10%">26 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;3.14 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Real Property.
</TD>
    <TD align=right width="10%" bgColor=#eeeeee>27 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3.15 </TD>
    <TD align=left width="80%" >Customers; Suppliers. </TD>
    <TD align=right width="10%">27 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;3.16 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Employees </TD>
    <TD align=right width="10%" bgColor=#eeeeee>28 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3.17 </TD>
    <TD align=left width="80%" >Employee Benefit Plans. </TD>
    <TD align=right width="10%">28 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;3.18 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Financial
      Information; Absence of Undisclosed Liabilities. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>29 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3.19 </TD>
    <TD align=left width="80%" >Absence of Certain Changes or
      Events. </TD>
    <TD align=right width="10%">30 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;3.20 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Permits. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>31 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3.21 </TD>
    <TD align=left width="80%" >Food Regulatory Compliance. </TD>
    <TD align=right width="10%">31 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;3.22 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Product
      Liability. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>32 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3.23 </TD>
    <TD align=left width="80%" >Insurance </TD>
    <TD align=right width="10%">33 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;3.24 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Accounts
      Receivable. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>33 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3.25 </TD>
    <TD align=left width="80%" >Inventory </TD>
    <TD align=right width="10%">33 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;3.26 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >No Additional
      Representations. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>33 </TD></TR></TABLE>
<P align=center>i </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
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<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee ><B>ARTICLE 4.</B> </TD>
    <TD align=left width="80%" bgColor=#eeeeee
      ><B>REPRESENTATIONS AND WARRANTIES OF PURCHASER</B> </TD>
    <TD align=right width="10%" bgColor=#eeeeee><B>33</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;4.1 </TD>
    <TD align=left width="80%" >Formation and Qualification. </TD>
    <TD align=right width="10%">33 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;4.2 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Authority
      Relative to this Agreement. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>34 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;4.3 </TD>
    <TD align=left width="80%" >No Conflict </TD>
    <TD align=right width="10%">34 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;4.4 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Required Filings
      and Consents. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>34 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;4.5 </TD>
    <TD align=left width="80%" >No Broker </TD>
    <TD align=right width="10%">34 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;4.6 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Availability of
      Funds. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>34 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;4.7 </TD>
    <TD align=left width="80%" >Litigation </TD>
    <TD align=right width="10%">35 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;4.8 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Independent
      Investigation. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>35 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;4.9 </TD>
    <TD align=left width="80%" >Solvency </TD>
    <TD align=right width="10%">35 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;4.10 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >No Additional
      Seller Representations </TD>
    <TD align=right width="10%" bgColor=#eeeeee>35 </TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="80%" >&nbsp; </TD>
    <TD width="10%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee ><B>ARTICLE 5.</B> </TD>
    <TD align=left width="80%" bgColor=#eeeeee ><B>COVENANTS</B>
    </TD>
    <TD align=right width="10%" bgColor=#eeeeee><B>35</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5.1 </TD>
    <TD align=left width="80%" >Conduct of Business. </TD>
    <TD align=right width="10%">35 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;5.2 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Efforts to
      Consummate Closing. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>36 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5.3 </TD>
    <TD align=left width="80%" >Pre-Closing Access. </TD>
    <TD align=right width="10%">36 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;5.4 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Contact. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>37 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5.5 </TD>
    <TD align=left width="80%" >Confidentiality; Publicity. </TD>
    <TD align=right width="10%">37 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;5.6 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Further
      Assurances </TD>
    <TD align=right width="10%" bgColor=#eeeeee>38 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5.7 </TD>
    <TD align=left width="80%" >Taxes and Tax Returns. </TD>
    <TD align=right width="10%">38 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;5.8 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Trade Names. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>38 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5.9 </TD>
    <TD align=left width="80%" >Wrong Pockets. </TD>
    <TD align=right width="10%">38 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;5.10 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Restrictive
      Covenants. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>39 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5.11 </TD>
    <TD align=left width="80%" >Expenses. </TD>
    <TD align=right width="10%">40 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;5.12 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Third Party
      Consents. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>40 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5.13 </TD>
    <TD align=left width="80%" >Allocation of Purchase Price. </TD>
    <TD align=right width="10%">41 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;5.14 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Tax Clearance
      Certificates </TD>
    <TD align=right width="10%" bgColor=#eeeeee>41 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5.15 </TD>
    <TD align=left width="80%" >Employee Matters. </TD>
    <TD align=right width="10%">41 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;5.16 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Post-Closing
      Access </TD>
    <TD align=right width="10%" bgColor=#eeeeee>42 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5.17 </TD>
    <TD align=left width="80%" >Financing </TD>
    <TD align=right width="10%">43 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;5.18 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >R&amp;W Insurance
      Policy. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>44 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5.19 </TD>
    <TD align=left width="80%" >Title </TD>
    <TD align=right width="10%">44 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;5.20 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Casualty </TD>
    <TD align=right width="10%" bgColor=#eeeeee>44 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5.21 </TD>
    <TD align=left width="80%" >Environmental Matters </TD>
    <TD align=right width="10%">44 </TD></TR>
  <TR>
    <TD bgColor=#eeeeee >&nbsp; </TD>
    <TD width="80%" bgColor=#eeeeee >&nbsp; </TD>
    <TD width="10%" bgColor=#eeeeee>&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left ><B>ARTICLE 6.</B> </TD>
    <TD align=left width="80%" ><B>CONDITIONS PRECEDENT</B> </TD>
    <TD align=right width="10%"><B>45</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;6.1 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Mutual
      Conditions. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>45 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;6.2 </TD>
    <TD align=left width="80%" >Conditions to Obligations of
      Purchaser. </TD>
    <TD align=right width="10%">45 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;6.3 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Conditions to
      Obligations of Seller. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>46 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;6.4 </TD>
    <TD align=left width="80%" >Frustration of Closing
      Conditions. </TD>
    <TD align=right width="10%">46 </TD></TR>
  <TR>
    <TD bgColor=#eeeeee >&nbsp; </TD>
    <TD width="80%" bgColor=#eeeeee >&nbsp; </TD>
    <TD width="10%" bgColor=#eeeeee>&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left ><B>ARTICLE 7.</B> </TD>
    <TD align=left width="80%" ><B>TERMINATION</B> </TD>
    <TD align=right width="10%"><B>46</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;7.1 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Termination </TD>
    <TD align=right width="10%" bgColor=#eeeeee>46 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;7.2 </TD>
    <TD align=left width="80%" >Effect of Termination. </TD>
    <TD align=right width="10%">47 </TD></TR>
  <TR>
    <TD bgColor=#eeeeee >&nbsp; </TD>
    <TD width="80%" bgColor=#eeeeee >&nbsp; </TD>
    <TD width="10%" bgColor=#eeeeee>&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left ><B>ARTICLE 8.</B> </TD>
    <TD align=left width="80%" ><B>INDEMNIFICATION</B> </TD>
    <TD align=right width="10%"><B>47</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;8.1 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Survival </TD>
    <TD align=right width="10%" bgColor=#eeeeee>47 </TD></TR></TABLE>
<P align=center>ii </P>
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<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;8.2 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Indemnification
      by Seller. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>47 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;8.3 </TD>
    <TD align=left width="80%" >Indemnification by Purchaser. </TD>
    <TD align=right width="10%">49 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;8.4 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Procedures for
      Indemnification. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>49 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;8.5 </TD>
    <TD align=left width="80%" >R&amp;W Insurance Cooperation.
</TD>
    <TD align=right width="10%">51 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;8.6 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Treatment of
      Indemnity Payments. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>51 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;8.7 </TD>
    <TD align=left width="80%" >Remedies Exclusive. </TD>
    <TD align=right width="10%">51 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;8.8 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Waiver of
      Subrogation. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>51 </TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="80%" >&nbsp; </TD>
    <TD width="10%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee ><B>ARTICLE 9.</B> </TD>
    <TD align=left width="80%" bgColor=#eeeeee ><B>GENERAL</B>
</TD>
    <TD align=right width="10%" bgColor=#eeeeee><B>51</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;9.1 </TD>
    <TD align=left width="80%" >Notices. </TD>
    <TD align=right width="10%">51 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;9.2 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Severability;
      Parties in Interest. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>52 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;9.3 </TD>
    <TD align=left width="80%" >Assignment. </TD>
    <TD align=right width="10%">52 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;9.4 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Governing Law.
</TD>
    <TD align=right width="10%" bgColor=#eeeeee>52 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;9.5 </TD>
    <TD align=left width="80%" >Specific Performance. </TD>
    <TD align=right width="10%">53 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;9.6 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Consent to
      Jurisdiction. </TD>
    <TD align=right width="10%" bgColor=#eeeeee>53 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;9.7 </TD>
    <TD align=left width="80%" >Waiver of Jury Trial. </TD>
    <TD align=right width="10%">53 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;9.8 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Headings;
      Interpretation </TD>
    <TD align=right width="10%" bgColor=#eeeeee>53 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;9.9 </TD>
    <TD align=left width="80%" >Counterparts; Facsimiles. </TD>
    <TD align=right width="10%">53 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;9.10 </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Entire Agreement.
    </TD>
    <TD align=right width="10%" bgColor=#eeeeee>54 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;9.11 </TD>
    <TD align=left width="90%" colSpan=2>Waivers and Amendments;
      Non-Contractual Remedies; Preservation of </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >&nbsp; </TD>
    <TD align=left width="80%" bgColor=#eeeeee >Remedies </TD>
    <TD align=right width="10%" bgColor=#eeeeee>54 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;9.12 </TD>
    <TD align=left width="80%" >Schedules. </TD>
    <TD align=right width="10%">54 </TD></TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left ><B><U>EXHIBITS</U></B> </TD>
    <TD align=left width="90%">&nbsp; </TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="90%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >Exhibit A </TD>
    <TD align=left width="90%" bgColor=#eeeeee>Form of Assumption Agreement
  </TD></TR>
  <TR vAlign=top>
    <TD align=left >Exhibit B </TD>
    <TD align=left width="90%">Form of Bill of Sale </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >Exhibit C </TD>
    <TD align=left width="90%" bgColor=#eeeeee>Forms of Intellectual Property
      Assignments </TD></TR>
  <TR vAlign=top>
    <TD align=left >Exhibit D </TD>
    <TD align=left width="90%">Form of Supply Agreement </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >Exhibit E </TD>
    <TD align=left width="90%" bgColor=#eeeeee>Closing Working Capital
      Statement and Example Working Capital Calculation </TD></TR>
  <TR vAlign=top>
    <TD align=left >Exhibit F </TD>
    <TD align=left width="90%">Accounting Principles </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >Exhibit G </TD>
    <TD align=left width="90%" bgColor=#eeeeee>Form of Excluded Real Property
      Lease Agreement </TD></TR>
  <TR vAlign=top>
    <TD align=left >Exhibit H </TD>
    <TD align=left width="90%">Form of Trademark License </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee >Exhibit I </TD>
    <TD align=left width="90%" bgColor=#eeeeee>Form of Transition Services
      Agreement </TD></TR></TABLE>
<P align=center>iii </P>
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<P align=center><B><U>ASSET PURCHASE AGREEMENT</U></B><B> </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>THIS ASSET PURCHASE
AGREEMENT</B> is made as of February 22, 2019 by and among Pipeline Foods, LLC,
a Delaware limited liability company (&#147;<U>Purchaser</U>&#148;), and SunOpta Grains
and Foods Inc., a Minnesota corporation (&#147;<U>Seller</U>&#148;). Purchaser and Seller
are sometimes referred to herein individually as a &#147;<U>Party</U>&#148; and
collectively as the &#147;<U>Parties</U>.&#148; </P>
<P align=center><B>RECITALS </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Seller owns certain rights and
assets used in Seller&#146;s conduct of the Business.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Subject to the terms and
conditions set forth herein, Seller desires to sell, convey, transfer, assign
and deliver to Purchaser, and Purchaser desires to purchase and acquire from
Seller, free and clear of all Liens other than the Permitted Liens, all of
Seller&#146;s right, title and interest in and to the rights and assets used in the
Business (the &#147;<U>Acquisition</U>&#148;).</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Purchaser agrees to assume
certain liabilities and obligations of the Business. </P>
<P align=center><B>AGREEMENT </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW, THEREFORE, in consideration
of the premises and for other good and valuable consideration, the receipt and
sufficiency of which are hereby expressly acknowledged, the Parties, intending
to be legally bound, hereby agree as follows: </P>
<P align=justify><B>ARTICLE 1.</B><B> </B><B>DEFINITIONS </B></P>
<P align=justify><B>1.1</B><B> </B><B>Definitions. </B>Capitalized terms used
and not otherwise defined herein have the meanings ascribed to such terms in
this <U>Article 1</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Accounting Principles</U>&#148;
shall mean the accounting methodologies, practices and principles set forth on
<U>Exhibit F</U>.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Accounts Receivable</U>&#148; has
the meaning set forth in <U>Section 2.1(a)(x)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Acquired Copyrights</U>&#148;
shall mean the Copyrights included in the Purchased Assets. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Acquired Intellectual
Property</U>&#148; shall have the meaning given to such term in <U>Section
2.1(a)(vii)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Acquired Patents</U>&#148; shall
mean the Patents included in the Purchased Assets. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Acquired Real Property</U>&#148;
means the Real Property that is not the Excluded Real Property. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp; &#147;<U>Acquired
Trade Secrets</U>&#148; shall mean the Trade Secrets included in the Purchased
Assets. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Acquired Trademarks</U>&#148;
means the Trademarks included in the Purchased Assets. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Acquisition</U>&#148; shall have
the meaning given to such term in the Recitals. </P>
<P align=center>1 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Action</U>&#148; means any civil,
criminal or administrative litigation, claim, action, suit, arbitration,
hearing, notice of violation, citation, summons or subpoena or other similar
proceeding, whether at law or in equity. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Affiliate</U>&#148; shall mean,
with respect to any Person, any other Person directly or indirectly controlling,
controlled by, or under common control with such Person provided that, for
purposes of this definition, &#147;control&#148; (including, with correlative meanings,
the terms &#147;controlled by&#148; and &#147;under common control with&#148;), as used with respect
to any Person, shall mean the possession, directly or indirectly, of the power
to direct or cause the direction of the management and policies of such Person,
whether through the ownership of voting securities or by contract or otherwise.
For the avoidance of doubt, Seller&#146;s Affiliates will include SunOpta Inc. and
all of its Subsidiaries and will not include Oaktree Capital Management, L.P.
and its other portfolio companies. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Agreement</U>&#148; means this
Asset Purchase Agreement, including all exhibits and schedules hereto. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Allocation Statement</U>&#148;
shall have the meaning given to such term in <U>Section 5.13</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Assumed Contracts</U>&#148; shall
have the meaning given to such term in <U>Section 2.1(a)(viii)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Assumed Liabilities</U>&#148;
shall have the meaning given to such term in <U>Section 2.3</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Assumption Agreement</U>&#148;
shall mean the Assumption Agreement substantially in the form of <U>Exhibit
A</U> attached hereto. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Bill of Sale</U>&#148; shall mean
the Bill of Sale substantially in the form of <U>Exhibit B</U> attached hereto.
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Business</U>&#148; means the
business of procurement, handling, processing, sale, distribution, marketing and
support of the Products as currently conducted by Seller at the Real Property,
including through retained third-party processors or designated trans-loading
locations. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Business Day</U>&#148; means any
day other than a Saturday, a Sunday or any other day on which commercial banks
in Minneapolis, Minnesota are required to be closed or are closed generally.
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Business Employees</U>&#148; shall
mean those employees of Seller identified on <U>Schedule 3.16(a)</U> who are
employed by Seller primarily in connection with the Business on the date hereof
(including employees on vacation/paid time off, disability leave or other leave
of absence). </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Business Names</U>&#148; means the
following trade names: &#147;SunOpta&#148;, &#147;Sunrich&#148; and &#147;Sunrich Naturals&#148;. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Closing</U>&#148; shall have the
meaning given to such term in <U>Section 2.7</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Closing Date</U>&#148; shall have
the meaning given to such term in <U>Section 2.7</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Closing Purchase Price</U>&#148;
shall have the meaning given to such term in <U>Section 2.4(a)</U>. </P>
<P align=center>2 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Closing Statement</U>&#148; shall
have the meaning given to such term in Section 2.5(a) . </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Closing Working Capital</U>&#148;
shall mean Seller&#146;s good faith estimate of the Working Capital as of February 2,
2019, attached hereto in <U>Exhibit E</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Code</U>&#148; means the Internal
Revenue Code of 1986, as it may be amended from time to time, and any successor
thereto.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Company Plans</U>&#148; shall have
the meaning given to such term in Section 3.17(a) . </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Confidentiality
Agreement</U>&#148; means that certain Confidentiality Agreement, dated as of August
9, 2016, by and between AMERRA Capital Management LLC and SunOpta Inc., as
amended by that certain Amendment to the Confidentiality Agreement, dated as of
September 10, 2018, by AMERRA Capital Management, LLC and SunOpta Inc. and by
that certain Exclusivity Agreement, dated as of January 8, 2019, among
Purchaser, Seller, AMERRA Capital Management LLC and SunOpta Inc. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Contracts</U>&#148; means all
written or unwritten agreements, including contracts, agreements, arrangements,
commitments, undertakings, leases and guarantees. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Data Room</U>&#148; means that
certain electronic data room established by the Seller through Intralinks, which
contains due diligence documents and information about the Seller. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Employment Transition
Date</U>&#148; shall have the meaning given to such term in <U>Section 5.15(a)</U>.
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>End Date</U>&#148; shall have the
meaning given to such term in <U>Section 7.1(b)(i)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Enforcement Limitation</U>&#148;
means any applicable bankruptcy, reorganization, insolvency, moratorium or other
similar law affecting creditors&#146; rights generally and principles governing the
availability of equitable remedies. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Environmental Laws</U>&#148;
means, whenever enacted and in effect, all applicable foreign, United States
federal, state, and local statutes, regulations, ordinances, codes and other
provisions having the force or effect of law, all judicial and administrative
orders and determinations and all common law, in any case concerning pollution,
protection of the environment or natural resources, Hazardous Materials, and
protection of human health and safety and worker health and safety. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Environmental Notice</U>&#148;
means any written notice (a) of any pending or threatened Action, any potential
or actual violation, any potential responsible party status, infraction or
Liability under Environmental Law or any Environmental Permit, (b) of any
threatened or pending claim, citation, complaint (including with respect to
dust, odor, noise, property or natural resource damage or personal injury),
order, or request for information arising under or related to Environmental Law
or any Environmental Permit, or (c) of any actual or alleged Release of
Hazardous Materials relating to the Business, the Purchased Assets or the Real
Property. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Environmental Permits</U>&#148;
shall have the meaning given to such term in <U>Section 3.6(b)</U>. </P>
<P align=center>3 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>ERISA</U>&#148; means the Employee
Retirement Income Security Act of 1974, as amended from time to time, and the
rules and regulations promulgated thereunder. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Excluded Assets</U>&#148; shall
have the meaning given to such term in <U>Section 2.2</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Excluded Real Property</U>&#148;
means the Real Property located in Blooming Prairie, Minnesota. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Excluded Real Property Lease
Agreement</U>&#148; means the lease agreement, between Purchaser and Seller, for
Purchaser&#146;s lease of the Excluded Real Property for the two-year period
following Closing, in the form of <U>Exhibit G</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>FDA</U>&#148; means the U.S. Food
and Drug Administration. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>FFDCA</U>&#148; shall have the
meaning given to such term in <U>Section 3.21(f)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Final Purchase Price</U>&#148;
shall have the meaning given to such term in <U>Section 2.4(b)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Final Working Capital</U>&#148;
shall have the meaning given to such term in <U>Section 2.6(c)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Financial Statements</U>&#148;
shall have the meaning given to such term in <U>Section 3.18(a)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Fundamental
Representations</U>&#148; shall have the meaning given to such term in <U>Section
8.1</U>.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>GAAP</U>&#148; means United
States generally accepted accounting principles, as in effect from time to time,
consistently applied. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Governmental Authorities</U>&#148;
means all agencies, authorities, bodies, boards, commissions, courts,
instrumentalities, legislatures and offices of any nature whatsoever of any
government, quasi-governmental unit or political subdivision, whether foreign,
federal, state, county, district, municipality, city or otherwise. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Hazardous Materials</U>&#148;
means any substance, material or waste, regardless of physical form or
concentration, that (a) is hazardous, toxic, infectious, explosive, radioactive,
carcinogenic, ignitable, corrosive, or reactive, or otherwise deleterious to
living things or the environment, (b) is identified, defined, designated,
listed, restricted or otherwise regulated under Environmental Law, or (c) as to
which liability or standards of conduct may be imposed pursuant to any
Environmental Law. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Indebtedness</U>&#148; means, as
applied to any Person, (a) indebtedness of such Person for borrowed money, (b)
indebtedness of such Person evidenced by any note, bond, debenture or other debt
security, (c) indebtedness or obligation of such Person for the deferred
purchase price of property or services with respect to which such Person is
liable (other than trade payables and other current liabilities), (d)
indebtedness guaranteed by such Person (including guarantees in form of an
agreement to repurchase or reimburse and contingent obligations with respect to
letters of credit), (e) obligations under capitalized leases (but not any
operating leases) with respect to which such Person is liable, (f) any
outstanding reimbursement obligations with respect to drawn letters of credit,
(g) all net payment obligations of such Person pursuant to any agreement in
respect of interest rate protection, currency swaps, caps, collars and
similar agreements or hedging devices, and (h) any accrued interest, penalties
or prepayment fees related to the foregoing.</P>
<P align=center>4 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Indemnitee</U>&#148; shall have
the meaning given to such term in <U>Section 8.4(a)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Indemnitor</U>&#148; shall have
the meaning given to such term in Section 8.4(a) . </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Independent Expert</U>&#148; means
an independent public accounting firm mutually acceptable to the Parties that
has not provided material services to any Party or its Affiliates during the
prior three-year period. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Intellectual Property
Assignments</U>&#148; shall mean the Intellectual Property Assignments by and between
Seller and Purchaser substantially in the form of <U>Exhibit C</U> attached
hereto. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Interest</U>&#148; shall have the
meaning given to such term in <U>Section 2.8</U>.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Inventory</U>&#148; means (a) all
raw materials used in the development of the Products owned by Seller, including
packaging, and (b) all partially completed, work-in-process and finished
Products owned by Seller, in each case, as of the Closing Date and located at
the Real Property. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>IP Contracts</U>&#148; shall have
the meaning given to such term in <U>Section 2.1(a)(viii)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Knowledge of Purchaser</U>&#148;
(or any similar phrase or qualification based on Purchaser&#146;s knowledge) means
the actual knowledge of each of the executive officers of Purchaser, and what
such individuals should reasonably have known serving in the capacities in which
such individuals serve.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Knowledge of Seller</U>&#148; (or
any similar phrase or qualification based on Seller&#146;s knowledge) means the
actual knowledge of each of David J. Colo, Robert McKeracher, John Ruelle,
Karrisa Gehring and Laverne Klecker, and what each such individual should
reasonably have known serving in the capacity in which such individual
serves.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Latest Financials</U>&#148; shall
have the meaning given to such term in Section 3.18(a) . </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Law</U>&#148; means any federal,
state, foreign or local statute, law, ordinance, regulation, rule, code, Order,
other requirement or rule of law. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Liability</U>&#148; means any
liability, indebtedness, assessment, expense, claim, loss, damage, deficiency,
obligation or responsibility, known or unknown, disputed or undisputed, joint or
several, vested or unvested, executory or not, fixed or unfixed, choate or
inchoate, liquidated or unliquidated, secured or unsecured, determinable or
undeterminable, accrued or unaccrued, absolute or not, actual or potential,
contingent or otherwise (including any liability under any guarantees). </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Lien</U>&#148; means any mortgage,
lien (including mechanics, warehousemen, laborers and landlords liens), pledge,
charge, community property interest, easement, encroachment, security interest
or similar restriction or right, option, or encumbrance.</P>
<P align=center>5 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Losses</U>&#148; of a Person means
any and all losses, liabilities, damages, claims, awards, judgments, costs and
expenses (including reasonable attorneys&#146; fees) actually suffered or incurred by
such Person. Losses shall not include punitive or exemplary damages, except to
the extent awarded in a Third Party Claim. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Material Adverse Effect</U>&#148;
means any change, event, effect, circumstance, state of facts or development (or
combination of the foregoing) which, individually or in the aggregate, has had
or would reasonably be expected to have (a) a material adverse effect on the
business, financial condition or results of operations of the Business and the
Real Property (taken as a whole) or (b) a material adverse effect on the ability
of Seller to consummate the transactions contemplated hereby; provided, however,
no such change, impact, event, effect, circumstance, state of facts or
development resulting from or arising in connection with the following shall
constitute (or be taken into account in determining the occurrence of) a
Material Adverse Effect: (i) changes or conditions affecting generally the
industries in which the Business operates, (ii) changes or conditions affecting
the economy as a whole or capital, financial, banking or securities markets
generally in the United States, (iii) the announcement, declaration,
commencement, occurrence, continuation, threat or worsening of any war or armed
hostilities, any act or acts of terrorism or any other national or international
political or social event or condition, (iv) any failure to meet any projections
or forecasts or estimates of revenues or earnings for any period (it being
understood and agreed that any changes, events, effects, circumstances, states
of facts or developments giving rise to such failure that are not otherwise
excluded from the definition of Material Adverse Effect may be taken into
account in determining whether there has been a Material Adverse Effect), (v)
the reaction (including subsequent actions) of any Person not a Party to any
transaction contemplated herein (including the announcement thereof), (vi) any
change in GAAP or other accounting requirement or principle required to be
adopted after the date of this Agreement or any change or anticipated change in
applicable Law or the interpretation thereof, (vii) any action required to be
taken under any applicable Law, (viii) any natural disaster or other acts of
God, (ix) any action expressly required or permitted to be taken pursuant to
this Agreement or any other Transaction Document, or (x) any event, occurrence
or circumstance with respect to which Purchaser has Knowledge as of the date
hereof; provided, that, any of the matters set forth in clauses (i), (ii),
(iii), (vi), (vii) and (viii) shall be taken into account in determining whether
there is a Material Adverse Effect to the extent that any such effect has a
disproportionate adverse effect on the Business (as compared to other businesses
operating in the industries in which the Business operates). </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Material Contract</U>&#148; shall
have the meaning given to such term in <U>Section 3.10(b)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Material Customer</U>&#148; shall
have the meaning given to such term in <U>Section 3.15(a)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Material Vendor</U>&#148; shall
have the meaning given to such term in <U>Section 3.15(b)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Notice of Disagreement</U>&#148;
shall have the meaning given to such term in <U>Section 2.5(a)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Objections</U>&#148; shall have
the meaning given to such term in <U>Section 5.19(b)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Operating Leases</U>&#148; shall
have the meaning given to such term in <U>Section 2.1(a)(viii)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Orders</U>&#148; shall have the
meaning given to such term in <U>Section 3.7</U>. </P>
<P align=center>6 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Party</U>&#148; or
&#147;<U>Parties</U>&#148; shall have the meaning given to such terms in the preamble of
this Agreement. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Pending Customer Purchase
Orders</U>&#148; shall have the meaning given to such term in <U>Section</U>
<U>2.1(a)(viii)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Pending Vendor Purchase
Orders</U>&#148; shall have the meaning given to such term in <U>Section
2.1(a)(viii)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Permits</U>&#148; shall have the
meaning given to such term in <U>Section 3.20</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Permitted Liens</U>&#148; means
(a) Liens for current Taxes not yet due or being contested in good faith and for
which there are adequate reserves on the books in accordance with GAAP; (b)
minor imperfections of title and encumbrances that do not impair the value or
interfere with the present or continued use of such property or asset; (c) with
respect to the Real Property, matters disclosed by a title insurance commitment
covering such Real Property, other than any mortgages, judgments or mechanic&#146;s,
materialmen&#146;s, landlord&#146;s, carrier&#146;s, supplier&#146;s or vendor&#146;s liens or similar
Liens other than the exceptions described in clause (h) below; (d) Liens created
by the express terms of any Assumed Contract; (e) Liens arising under any
original purchase price conditional sales contract or equipment lease; (f)
easements, covenants, conditions or restrictions of public record (without
effective forfeiture provisions); (g) zoning or other governmentally established
Liens, provided that violation thereof does not materially and adversely affect
the use or operation of the Acquired Real Property; or (h) mechanic&#146;s,
materialmen&#146;s, landlord&#146;s, carrier&#146;s, supplier&#146;s or vendor&#146;s liens or similar
Liens arising or incurred in the ordinary course of business of the applicable
Person that secure any amount that is not overdue for a period of more than 90
days pursuant to an Assumed Contract. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Person</U>&#148; means an
individual, corporation, partnership, limited partnership, limited liability
company, limited liability partnership, syndicate, person (including a &#147;person&#148;
as defined in Section 13(d)(3) of the Securities Exchange Act of 1934, as
amended), trust, association, entity or Governmental Authority. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Pre-Closing Tax Period</U>&#148;
shall mean all taxable periods ending on or before the Closing Date and the
portion through the end of the Closing Date for any taxable period that includes
(but does not end on) the Closing Date. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Products</U>&#148; means the
specialty grain products, proprietary seed, and ag inputs processed, handled,
distributed or held at the Real Property or through retained third-party
processors or designated trans-loading locations, and sold to a customer during
the previous three (3) calendar years, as set forth on <U>Schedule 1.1</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Proprietary Rights</U>&#148; shall
mean all of the following in any jurisdiction throughout the world: (a) patents,
patent applications, patent disclosures, and statutory invention registrations,
including divisionals, continuations, continuations-in-part, foreign
counterparts, re-issues and reexaminations thereof and any patents and patent
applications claiming priority from any of the foregoing (collectively,
&#147;<U>Patents</U>&#148;); (b) common law and registered trademarks, service marks,
trade dress, trade names, corporate names, logos and slogans (and all
translations, adaptations, derivations and combinations of the foregoing) and
Internet domain names, and pending registrations and applications therefore,
together with all goodwill associated with each of the foregoing (collectively,
&#147;<U>Trademarks</U>&#148;); (c) registered and unregistered copyrights and
copyrightable works and pending registrations and applications therefor
(collectively, &#147;<U>Copyrights</U>&#148;); (d) trade secrets and confidential
information (including know-how, inventions, and inventions disclosures, whether
or not patented or reduced to practice, ideas, formulae, compositions, research
and development information, drawings, specifications, designs, plans,
proposals, technical data, financial, business and marketing plans, and customer
and supplier lists and related information) (collectively, &#147;<U>Trade Secrets</U>&#148;);
(e) computer software and software systems (including data, source code and
object code, databases and related documentation); and (f) all product marketing
clearances, approvals, and licenses.</P>
<P align=center>7 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Purchased Assets</U>&#148; shall
have the meaning given to such term in <U>Section 2.1(a)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Purchaser</U>&#148; shall have the
meaning given to such term in the preamble of this Agreement. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Purchaser Indemnified
Party</U>&#148; shall have the meaning given to such term in <U>Section 8.2(a)</U>.
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>R&amp;W Insurance Policy</U>&#148;
shall have the meaning given to such term in <U>Section 5.18</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Real Property</U>&#148; means real
property owned by Seller wherever located that is Related to the Business,
including any buildings, structures and improvements located on any such real
property. The Real Property is set forth on <U>Schedule 3.14(a)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Registered Intellectual
Property</U>&#148; shall have the meaning given to such term in <U>Section
3.5(a)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Related to the Business</U>&#148;
means used exclusively in or related exclusively to the Business as currently
conducted. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Relationship</U>&#148; means, with
respect to any Material Customer or Material Vendor, the business interactions
of such Material Customer or Material Vendor, as applicable, with Seller in the
ordinary course of business consistent, in all material respects, with the terms
and conditions of any Contract, purchase order or invoice governing such
business interactions.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Release</U>&#148; means any
spilling, leaking, seeping, pumping, pouring, emitting, emptying, injecting,
discharging, escaping, leaching, migrating, dumping, disposing or releasing of
Hazardous Material into the environment or any structure of any kind whatsoever,
including the abandonment or discarding of barrels, containers, tanks or other
receptacles containing or previously containing Hazardous Material. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Relevant Acquisition</U>&#148;
shall have the meaning given to such term in <U>Section 5.10(d)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Representatives</U>&#148; means,
with respect to any Party to this Agreement, such Party&#146;s directors, officers,
employees, attorneys, accountants, representatives, lenders, consultants,
independent contractors and other agents. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Restricted Business</U>&#148;
shall have the meaning given to such term in <U>Section 5.10(a)</U>. </P>
<P align=center>8 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Restricted Period</U>&#148; shall
have the meaning given to such term in <U>Section 5.10(a)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Retained Interest</U>&#148; shall
have the meaning given to such term in <U>Section 2.9</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Retention Amount</U>&#148; means
an amount equal to the retention amount identified in the R&amp;W Insurance
Policy. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Sales Contracts</U>&#148; shall
have the meaning given to such term in Section 2.1(a)(viii) .</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Seller</U>&#148; shall have the
meaning given to such term in the preamble of this Agreement. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Seller Change of Control</U>&#148;
means, in one or more related transactions, (a) the sale of all or substantially
all the assets of Seller or SunOpta Inc.; (b) any merger, consolidation or
acquisition of Seller or SunOpta Inc. with, by or into another Person; or (c)
any change in the ownership of more than 50% of the voting capital stock of
Seller or SunOpta Inc. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Seller Indemnified Party</U>&#148;
shall have the meaning given to such term in <U>Section 8.3(a)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Subsidiary</U>&#148; means any
corporation, partnership, limited partnership, limited liability company,
limited liability partnership, joint venture or other legal entity of which a
Person (either alone or through or together with any other subsidiary) owns,
directly or indirectly, a majority of the stock or other equity interests. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Supply Agreement</U>&#148; shall
mean a Supply Agreement between Seller and Purchaser to be executed in
connection with Closing in the form attached hereto as <U>Exhibit D</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Target Working Capital</U>&#148;
means an amount equal to $9,000,000.00. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Taxes</U>&#148; means: (a) any and
all taxes, fees, levies, duties, tariffs, imposts and other charges of any kind,
imposed by any Governmental Authority or taxing authority, including taxes or
other charges on, measured by, or with respect to income, franchise, windfall or
other profits, gross receipts, property, sales, use, capital stock, payroll,
employment, social security, workers&#146; compensation, unemployment compensation or
net worth; taxes or other charges in the nature of excise, withholding, ad
valorem, stamp, transfer, value-added or gains taxes; license, registration and
documentation fees; and customers&#146; duties, tariffs and similar charges; (b) any
liability for the payment of any amounts of the type described in (a) as a
result of being a member of an affiliated, combined, consolidated or unitary
group for any taxable period; (c) liability for the payment of any amounts
described in clause (a) or (b) as a result of transferee or successor liability,
a tax sharing or tax indemnity agreement or other express or implied obligation
to indemnify any person, or otherwise by operation of Law; and (d) any and all
interest, penalties, additions to tax and additional amounts imposed in
connection with or with respect to any amounts described in (a), (b) or (c).
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Tax Return</U>&#148; means any
return, report, statement, form or other documentation (including any additional
or supporting material and any amendments or supplements) filed or maintained,
or required to be filed or maintained, with respect to or in connection with the
calculation, determination, assessment or collection of any Taxes. </P>
<P align=center>9 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Territory</U>&#148; shall have the
meaning given to such term in Section 5.10(a) . </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Third Party Claim</U>&#148; shall
have the meaning given to such term in <U>Section 8.4(b)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Trademark License</U>&#148; shall
mean the Trademark License Agreement substantially in the form of <U>Exhibit
H</U> attached hereto. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Tradin Organic</U>&#148; shall
have the meaning given to such term in <U>Section 5.10(c)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Transaction Documents</U>&#148;
shall mean, collectively, this Agreement, and each of the other agreements and
instruments to be executed and delivered by all or some of the Parties in
connection with the consummation of the Acquisition (including exhibits and
schedules thereto), including the Intellectual Property Assignments, the Supply
Agreement, the Excluded Real Property Lease Agreement, the Trademark License,
the Transition Services Agreement, the Bill of Sale and the Assumption
Agreement. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Transfer Taxes</U>&#148; shall
have the meaning given to such term in <U>Section 5.11</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Transferred Employees</U>&#148;
shall have the meaning given to such term in <U>Section 5.15(a)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Transition Services
Agreement</U>&#148; shall mean the Transition Services Agreement substantially in the
form of <U>Exhibit I</U> hereto. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Vendor Contracts</U>&#148; shall
have the meaning given to such term in <U>Section 2.1(a)(viii)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Working Capital</U>&#148; means
the difference between the current assets included in the Purchased Assets
(excluding, for the avoidance of doubt, any inter-company receivables relating
to the shipment of Products from the Real Property to Seller or its Affiliates)
less the current liabilities included in the Assumed Liabilities, in each case
calculated in accordance with GAAP on a basis consistent with the methodologies,
practices and principles used to prepare the balance sheet included in the
Latest Financials and the Accounting Principles (except as otherwise provided in
this definition and without regard to any purchase accounting adjustments
arising out of the transactions contemplated hereunder). In determining total
current assets and total current liabilities hereunder, all proper adjustments
shall be made in accordance with GAAP on a basis consistent with the
methodologies, practices and principles used to prepare the balance sheet
included in the Latest Financials and the Accounting Principles. An illustrative
example of the calculation of Working Capital is set forth on <U>Exhibit E</U>,
provided that such example is for demonstrative purposes only and to the extent
of any conflict between the definition herein and such <U>Exhibit E</U>, the
definition herein shall govern.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>1.2</B><B>
</B><B>Interpretation. </B>Unless the context otherwise requires, the terms
defined in this <U>Article 1</U> shall have the meanings herein specified for
all purposes of this Agreement, applicable to both the singular and plural forms
of any of the terms defined herein. When a reference is made in this Agreement
to Sections, such reference shall be to a Section of this Agreement unless
otherwise indicated. 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;without limitation.&#148; The word &#147;or&#148; shall be inclusive. All references to &#147;$&#148; or
dollars shall be deemed references to United States dollars. </P>
<P align=center>10 </P>
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<P align=justify><B>ARTICLE 2.</B><B> </B><B>PURCHASE AND SALE OF PURCHASED
ASSETS </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.1</B><B> </B><B>Purchased
Assets.</B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
Subject to the terms and conditions of this Agreement, at the Closing, Seller
shall sell, convey, transfer, assign and deliver to Purchaser, and Purchaser
shall purchase and acquire from Seller, free and clear of all Liens other than
Permitted Liens, all of Seller&#146;s right, title and interest in and to all of the
assets, properties, leases, rights, claims, and Contracts Related to the
Business (except as set forth in <U>Section 2.2</U>) (collectively, the
&#147;<U>Purchased Assets</U>&#148;), including the following:</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>all personal property and interests therein Related to
      the Business, including any mobile grain storage facilities, processing
      equipment, furniture, office equipment (including computers and printers),
      communications equipment and other tangible personal property and
      interests therein owned, licensed or leased by Seller, including those set
      forth on <U>Schedule 2.1(a)(i)</U>;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>all books and records and data necessary to operate the
      Business (or (1) in the case of any such books and records that are not
      exclusively used in the Business, a copy of such books and records, and
      (2) in the case of data that resides on servers that are not Purchased
      Assets, a copy of such data in a format usable by Purchaser), including
      any and all product specifications, developments, improvements, revisions
      or modifications;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(iii) </TD>
    <TD>
      <P align=justify>all benefits associated with any pre-paid expenses
      Related to the Business but not any insurance policies (but excluding any
      Tax refunds);</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(iv) </TD>
    <TD>
      <P align=justify>all goodwill and other intangible properties Related to
      the Business;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(v) </TD>
    <TD>
      <P align=justify>all (A) customer contact lists (including any marketing
      lists or lists used for the purpose of developing new customers) and
      related contact information, (B) customer pricing lists, (C) vendor
      contact information and (D) vendor pricing lists, in each case, utilized
      in the Business as of the Closing;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(vi) </TD>
    <TD>
      <P align=justify>the Inventory;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(vii) </TD>
    <TD>
      <P align=justify>all Proprietary Rights related to the Business, including
      those set forth on <U>Schedule 2.1(a)(vii) </U>(collectively, the
      &#147;<U>Acquired Intellectual Property</U>&#148;);</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(viii) </TD>
    <TD>
      <P align=justify>all rights of Seller (A) under Contracts with its
      customers for the sale or provision of Products (the &#147;<U>Sales
      Contracts</U>&#148;), (B) under Contracts with its vendors for the supply of
      Inventory (the &#147;<U>Vendor Contracts</U>&#148;), (C) under unpaid purchase
      orders with its vendors for</P></TD></TR></TABLE>
<P align=center>11 </P>
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<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD>
      <P align=justify>the supply of Inventory that has not been received by
      Seller as of the Closing (the &#147;<U>Pending Vendor Purchase Orders</U>&#148;),
      (D) under customer purchase orders that have not been invoiced and have
      not been fulfilled by Seller as of the Closing (the &#147;<U>Pending Customer
      Purchase Orders</U>&#148;), (E) under Contracts regarding or concerning the
      Acquired Intellectual Property (&#147;<U>IP Contracts</U>&#148;), and (F) the
      operating leases set forth on <U>Schedule 2.1(a)(viii) </U>(the
      &#147;<U>Operating Leases</U>&#148;); in each case, Related to the Business and
      including those Material Contracts set forth on <U>Schedule 2.1(a)(viii)
      </U>(the Sales Contracts, Vendor Contracts, Pending Vendor Purchase
      Orders, Pending Customer Purchase Orders, IP Contracts, Operating Leases
      and other Contracts set forth on <U>Schedule 2.1(a)(viii) </U>are
      sometimes hereinafter referred to, collectively, as the &#147;<U>Assumed
      Contracts</U>&#148;);</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(ix) </TD>
    <TD>
      <P align=justify>the Acquired Real Property;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(x) </TD>
    <TD>
      <P align=justify>all accounts, notes and other receivables (including
      unbilled receivables) arising out of the sale by Seller of goods, services
      or products of the Business, excluding inter-company receivables from
      Seller or its Affiliates (&#147;<U>Accounts Receivable</U>&#148;);</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(xi) </TD>
    <TD>
      <P align=justify>all other current assets Related to the Business included
      in the Closing Working Capital Statement, but excluding all cash and cash
      equivalents;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(xii) </TD>
    <TD>
      <P align=justify>all rights (including rights of recovery, rights of set
      off and rights of recoupment), claims, credits, defenses, causes of action
      (including counterclaims), choses in action and all other rights to bring
      any Action at law or in equity or to the extent arising out of or relating
      to any Purchased Asset or any Assumed Liability and not arising out of or
      relating to any Excluded Liability;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(xiii) </TD>
    <TD>
      <P align=justify>all transferable licenses, governmental authorizations
      and other Permits and Environmental Permits required to own or operate the
      Purchased Assets and the Real Property or otherwise Related to the
      Business;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(xiv) </TD>
    <TD>
      <P align=justify>the assets listed on <U>Schedule 2.1(a)(xiv)</U>;
    and</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(xv) </TD>
    <TD>
      <P align=justify>all other right, title and interest in and to all of the
      assets, properties, leases, rights, claims and Contracts Related to the
      Business (except as set forth in <U>Section
2.2</U>).</P></TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.2</B><B> </B><B>Excluded
Assets. </B>All of Seller&#146;s assets not referred to in <U>Section 2.1</U> above,
including any assets not Related to the Business, any cash and cash equivalents
of Seller, the Business Names, any insurance policies of Seller and its
Affiliates, Seller&#146;s corporate books and records, the Excluded Real Property,
any computer software and software systems not listed on <U>Schedule
2.1(a)(vii)</U>, the retention agreements identified on Schedule 3.10(b)(vii),
and any rights of Seller under this Agreement or the Transaction Documents
(collectively, the &#147;<U>Excluded</U> <U>Assets</U>&#148;), shall not be sold,
conveyed, assigned, transferred or delivered to Purchaser at the Closing. </P>
<P align=center>12 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.3</B><B> </B><B>Assumed
Liabilities. </B>Subject to the terms and conditions of this Agreement,
Purchaser shall, at Closing, assume and be responsible only for the following
Liabilities of Seller (collectively, the &#147;<U>Assumed Liabilities</U>&#148;): </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
all Liabilities with respect to obligations under any Assumed Contracts,
including any Operating Leases, arising after Closing (but not related to any
breaches of Assumed Contracts prior to Closing); and </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
all of Seller&#146;s accounts payable, accrued Liabilities and other operating
Liabilities Related to the Business, in each case taken into consideration in
the calculation of Working Capital. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.4</B><B> </B><B>Excluded
Liabilities. </B>Except for the Assumed Liabilities, Purchaser will not assume
and is not liable for any of Seller&#146;s Liabilities (collectively, the
&#147;<U>Excluded Liabilities</U>&#148;). Seller is solely responsible for all of the
Excluded Liabilities. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>2.5 Purchase Price;
Payment of Purchase Price.</STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
At the Closing, in consideration of Seller&#146;s sale of the Purchased Assets to
Purchaser, Purchaser will assume the Assumed Liabilities and will pay, or cause
to be paid, to Seller the Closing Purchase Price as provided in this <U>Section
2.5</U>. The term &#147;<U>Closing Purchase</U> <U>Price</U>&#148; means (i) Sixty-Six
Million, Five Hundred Thousand Dollars ($66,500,000.00), plus (ii) the amount,
if any, by which the Closing Working Capital exceeds the Target Working Capital,
minus (iii) the amount, if any, by which the Target Working Capital exceeds the
Closing Working Capital. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
The term &#147;<U>Final Purchase Price</U>&#148; means the Closing Purchase Price plus (i)
the amount, if any, by which the Final Working Capital as determined pursuant to
<U>Section 2.6</U> exceeds the Closing Working Capital, and minus (ii) the
amount, if any, by which the Closing Working Capital exceeds the Final Working
Capital. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
Purchaser shall pay the Closing Purchase Price at the Closing via wire transfer
of immediately available funds to an account specified by Seller prior to the
Closing. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>2.6 Post-Closing
Adjustment.</STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
Within 60 days after the Closing Date, Purchaser shall prepare and deliver to
Seller a statement setting forth its proposed calculation of the Working Capital
as of 11:59 p.m. Central time on the Closing Date (the &#147;<U>Closing
Statement</U>&#148;). The Parties acknowledge that Closing Working Capital is
prepared as of February 2, 2019 and Final Working Capital will be prepared as of
11:59 p.m. Central time on the Closing Date. The Closing Statement shall be
prepared in accordance with GAAP as applied in connection with the Latest
Financials and the Accounting Principles (except as otherwise provided in the
definition of Working Capital and the example included in <U>Exhibit E</U>, and
without regard to any purchase accounting adjustments arising out of the
transactions contemplated hereby). During the 30 days immediately following
Seller&#146;s receipt of the Closing Statement, Seller shall be permitted to review
the working papers relating to the Closing Statement and Purchaser will, upon the reasonable
request of Seller, make available to Seller such other relevant books and
records and shall use its reasonable best efforts to make available (during
normal business hours and without interrupting in any material respects the
operation of Purchaser&#146;s business) the appropriate personnel of Purchaser with
knowledge or information relevant to those items. The Closing Statement will
become final and binding upon the Parties on the 30<SUP>th</SUP> day following
receipt thereof by Seller unless Seller gives written notice of its disagreement
(a &#147;<U>Notice of Disagreement</U>&#148;) to Purchaser prior to such date. The Notice
of Disagreement shall specify in reasonable detail the nature and dollar amount
of any disagreement so asserted. </P>
<P align=center>13 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
If a timely Notice of Disagreement is delivered by Seller, then the applicable
Closing Statement (as revised in accordance with clause (i) or (ii) below) will
become final and binding upon the Parties on the earlier of (i) the date
Purchaser and Seller resolve in writing any differences they have with respect
to any matter specified in the Notice of Disagreement or (ii) the date any
matters properly in dispute are finally resolved in writing by the Independent
Expert. During the 30 days immediately following the delivery of a Notice of
Disagreement, Purchaser and Seller will consult in good faith to resolve in
writing any differences that they may have with respect to any matter specified
in the Notice of Disagreement. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
At the end of such 30-day consultation period, if Purchaser and Seller have not
agreed upon the Closing Statement, Purchaser and Seller shall mutually engage
and shall submit any and all matters that remain in dispute and that were
properly included in the Notice of Disagreement to the Independent Expert. The
Independent Expert, acting as an expert and not as an arbitrator, will work to
resolve such dispute promptly and, in any event, within 30 days from the date
the dispute is submitted to the Independent Expert. The Parties will cooperate
with the Independent Expert during the term of its engagement. The Independent
Expert&#146;s determination will be based solely on presentations by Purchaser and
Seller which are in accordance with the guidelines and procedures set forth in
this Agreement (i.e., not on the basis of an independent review). Any item not
specifically referred to the Independent Expert for evaluation shall be deemed
final and binding on the Parties. The Independent Expert will finalize the
Closing Statement by selecting with respect to each item in dispute an amount
between or equal to Purchaser&#146;s position as set forth in the Closing Statement
or Seller&#146;s position as set forth in the Notice of Disagreement. The amount of
the Working Capital set forth on the final Closing Statement determined pursuant
to this <U>Section 2.6</U> shall be the &#147;<U>Final Working Capital</U>.&#148; </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
In the event either Party submits any unresolved disputes to the Independent
Expert for resolution as provided in this <U>Section 2.6</U>, Purchaser, on the
one hand, and Seller, on the other hand, will share responsibility for the fees
and expenses based upon the percentage that the portion of the contested amount
not awarded to each Party bears to the amount actually contested, as determined
by the Independent Expert. For example, if Seller claims that the appropriate
adjustments are $1,000 greater than the amount determined by Purchaser and if
the Independent Expert ultimately resolves such items by awarding to Seller $300
of the $1,000 contested, then the fees, costs and expenses of the Independent
Expert will be allocated 30% (i.e., 300 &#247; 1,000) to Purchaser and 70% (i.e., 700
&#247; 1,000) to Seller. </P>
<P align=center>14 </P>
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<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(e) </TD>
    <TD colSpan=2>
      <P align=justify><U>Payment of Purchase Price Adjustment</U>.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>If the Final Purchase Price (as finally determined
      pursuant to this <U>Section 2.6</U>) is greater than the Closing Purchase
      Price, Purchaser shall make payment by wire transfer to Seller of the
      amount of such difference. If the Closing Purchase Price is greater than
      the Final Purchase Price (as finally determined pursuant to this
      <U>Section 2.6</U>), Seller shall make payment by wire transfer to
      Purchaser of the amount of such difference.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>Any amount to be paid pursuant to this <U>Section 2.6
      </U>will be paid within ten Business Days of the Closing Statement being
      deemed final pursuant to this <U>Section 2.6 </U>and will be treated as an
      adjustment to the purchase price for all purposes.</P></TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.7</B><B> </B><B>Closing.
</B>On the terms and subject to the conditions set forth in this Agreement, the
closing of the transactions contemplated hereby (the &#147;<U>Closing</U>&#148;) shall
take place remotely via the exchange of documents and signatures on (a) the date
hereof; or (b) such other date as the parties may agree (the &#147;<U>Closing
Date</U>&#148;). All actions to be taken and all documents to be executed or
delivered at Closing will be deemed to have been taken, executed and delivered
simultaneously, and no action will be deemed taken and no document will be
deemed executed or delivered until all have been taken, delivered and executed,
except in each case to the extent otherwise stated in this Agreement or any such
other document. Closing shall be deemed effective as of 11:59 p.m. Central Time
on the Closing Date. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD colSpan=2>
      <P align=justify><U>Purchaser Closing Deliveries</U>. At or prior to the
      Closing:</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>Purchaser shall deliver to Seller the Closing Purchase
      Price by wire transfer of immediately available funds to the account or
      accounts designated by Seller;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>Purchaser shall deliver to Seller copies of each
      Transaction Document, and with respect to each parcel of Acquired Real
      Property, such affidavits, tax forms, and other documentation as required
      by applicable Law or local custom or practice, all duly executed by
      Purchaser;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(iii) </TD>
    <TD>
      <P align=justify>Purchaser shall deliver to Seller a certificate, dated as
      of the Closing Date, duly executed by the Secretary, Assistant Secretary
      or any other executive officer of Purchaser certifying, among other
      things, that attached or appended to such certificate: (A) is a true and
      correct copy of the Purchaser&#146;s organizational documents, and all
      amendments thereto; and (B) is a true copy of all corporate actions taken
      by it, including resolutions of its board of managers authorizing the
      consummation of the Acquisition and the execution, delivery and
      performance of this Agreement and each of the Transaction Documents to be delivered by Purchaser
      pursuant hereto;</P></TD></TR></TABLE>
<P align=center>15 </P>
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<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(iv) </TD>
    <TD>
      <P align=justify>Purchaser shall deliver to Seller the certificate
      required by <U>Section 6.3(c)</U>; and</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(v) </TD>
    <TD>
      <P align=justify>Purchaser shall deliver to Seller such other documents
      and instruments as may be reasonably requested by Seller to consummate the
      Acquisition and to carry out the obligations of the Parties
    hereunder.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD colSpan=2>
      <P align=justify><U>Seller Closing Deliveries</U>. At or prior to the
      Closing:</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>Seller shall deliver evidence to Purchaser, in a form
      reasonably acceptable to Purchaser, that the Purchased Assets (and the
      Excluded Real Property) have been released from all Liens other than
      Permitted Liens and Seller shall have taken all steps necessary to
      terminate or release the Purchased Assets from all mortgages, deeds of
      trust, UCC financing statements and other evidence of security interests
      therein which have been filed with respect to such released
  Liens;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>Seller shall deliver to Purchaser a certificate, dated as
      of the Closing Date, duly executed by the Secretary, Assistant Secretary
      or any other executive officer of Seller certifying, among other things,
      that attached or appended to such certificate: (A) is a true and correct
      copy of Seller&#146;s organizational documents, and all amendments thereto; and
      (B) is a true copy of all corporate actions taken by it, including
      resolutions of its board of directors authorizing the consummation of the
      Acquisition and the execution, delivery and performance of this Agreement
      and each of the Transaction Documents to be delivered by Seller pursuant
      hereto;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(iii) </TD>
    <TD>
      <P align=justify>Seller shall deliver to Purchaser a certificate of good
      standing from the appropriate state agency, dated as of a date not more
      than 15 days prior to Closing Date, certifying that Seller is in good
      standing in its state of incorporation;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(iv) </TD>
    <TD>
      <P align=justify>Seller shall deliver to Purchaser copies of each
      Transaction Document to which it, or any of its Affiliates, is a party,
      duly executed by Seller or the applicable Affiliate;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(v) </TD>
    <TD>
      <P align=justify>Seller shall deliver to Purchaser all material records
      and documentation of Seller relating to the Purchased Assets (or copies
      thereof to the extent such records do not relate exclusively to the
      Business);</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(vi) </TD>
    <TD>
      <P align=justify>Seller shall deliver to Purchaser possession of the
      Purchased Assets;</P></TD></TR></TABLE>
<P align=center>16 </P>
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<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="10%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(vii) </TD>
    <TD>
      <P align=justify>Seller shall deliver, with respect to each parcel of
      Acquired Real Property, a duly executed and acknowledged general warranty
      deed (or local legal equivalent), in each case in proper recordable form
      and sufficient to vest in Purchaser good and marketable title to each such
      parcel of Acquired Real Property, in each case free and clear of all Liens
      other than Permitted Liens, together with such affidavits, tax forms, and
      other documents as may be required by applicable Law or local custom or
      practice to allow for recordation;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(viii) </TD>
    <TD>
      <P align=justify>Seller shall deliver to Purchaser a non-foreign affidavit
      dated as of the Closing Date, in form and substance required under
      Treasury Regulations issued pursuant to Code &#167;1445, stating that Seller is
      not a &#147;foreign person&#148; as defined in Code &#167;1445;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(ix) </TD>
    <TD>
      <P align=justify>Seller shall deliver to Purchaser the certificate
      required by <U>Section 6.2(c)</U>; and</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(x) </TD>
    <TD>
      <P align=justify>Seller shall deliver to Purchaser such other documents
      and instruments as may be reasonably requested by Purchaser to consummate
      the Acquisition and to carry out the obligations of the Parties
      hereunder.</P></TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.8</B><B> </B><B>Transfer
Taxes. </B>Seller and Purchaser agree to reasonably cooperate in securing any
available exemptions from any Transfer Taxes (including any bulk sales Taxes) on
the transfer of the Purchased Assets hereunder.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.9</B><B> </B><B>Assignment
of Assets. </B>Notwithstanding anything to the contrary in this Agreement, to
the extent that any sale, conveyance, transfer or assignment of any Purchased
Assets, or any claim, right or benefit arising thereunder or resulting therefrom
(collectively, the &#147;<U>Interests</U>&#148;) contemplated hereunder is not permitted
by applicable Law or the terms of the agreement governing such Interest or is
not permitted without the consent of any Person which consent has not been
obtained at or prior to the Closing, this Agreement shall not be deemed to
constitute a sale, conveyance, transfer or assignment of any such Interest
unless and until such Interest (a &#147;<U>Retained Interest</U>&#148;) can be sold,
conveyed, transferred or assigned or such consent is obtained, at which time
such Retained Interest shall be deemed to be sold, conveyed, transferred and
assigned in accordance with the provisions hereunder, subject to any condition
or provision contained in such consent, whereupon it shall cease to be a
Retained Interest. While any such Interest is a Retained Interest, Seller and
Purchaser shall, subject to <U>Section 5.12</U> and for a period not to exceed
one year after the Closing Date, cooperate in a mutually agreeable arrangement
under which Purchaser shall obtain the benefits and assume the obligations
associated with each Retained Interest.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.10</B><B>
</B><B>Withholding. </B>Purchaser shall be entitled to deduct and withhold from
the consideration otherwise payable pursuant to this Agreement such amounts as
Purchaser is required to deduct and withhold with respect to the making of such
payment under the Code, or any applicable Law. To the extent that amounts are so
deducted and withheld, such amounts shall be timely paid to the appropriate
Governmental Authority and 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. Except with respect to any employment
Tax withholding for compensation payments, Purchaser shall use commercially
reasonably efforts to notify Seller in writing at least two Business Days in
advance of its intent to withhold any amount pursuant to this <U>Section
2.10</U> and shall provide Seller with an opportunity to provide any certificate
or other evidence to reduce or eliminate such intended withholding; provided,
however, that Purchaser&#146;s failure to so notify Seller shall not limit
Purchaser&#146;s right to deduct and withhold if such deduction or withholding is, in
the reasonable judgment of Purchaser, required by Law. If any withholding is
made pursuant to this <U>Section 2.10</U>, Purchaser shall provide Seller with
written evidence that such payment has been delivered to the applicable
Governmental Authority promptly after payment has been made to the Governmental
Authority. </P>
<P align=center>17 </P>
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<P align=justify><B>ARTICLE 3.</B><B> </B><B>REPRESENTATIONS AND WARRANTIES OF
SELLER </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seller hereby represents and
warrants to Purchaser, except as set forth in the Disclosure Schedules, that:
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>3.1 Organization and
Qualification.</STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
<U>Seller</U>. Seller is a corporation duly organized, validly existing and in
good standing under the Laws of its jurisdiction of organization and has all
requisite power and authority, corporate or otherwise, to own, lease and operate
its properties and to carry on the Business as it is now being conducted. Seller
is duly qualified or licensed to do business, and is in good standing, in each
jurisdiction where the character of the properties owned, leased or operated by
it or the nature of its business makes such qualification or licensing
necessary, except where the failure to be so qualified, licensed or in good
standing has not had a Material Adverse Effect. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
<U>Subsidiary Asset Ownership</U>. Except as identified on <U>Schedule
3.1(b)</U>, no Subsidiary or Affiliate of Seller has any ownership, leasehold or
other interest in any of the Purchased Assets. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
<U>Organization Documents</U>. Seller&#146;s organizational documents are in full
force and effect. Seller is not in material violation of any of the provisions
of its organizational documents that would adversely affect (i) the Purchased
Assets, (ii) the Acquisition or (iii) the other transactions contemplated by the
Transaction Documents. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.2</B><B> </B><B>Authority
Relative to this Agreement. </B>Seller has all necessary corporate power and
authority to execute and deliver this Agreement and the other Transaction
Documents to which it is a party, to perform its obligations hereunder and to
consummate the Acquisition. The execution, delivery and performance of this
Agreement and the other Transaction Documents by Seller and the consummation by
Seller of the Acquisition have been duly and validly authorized by all necessary
corporate action of Seller, and no other corporate proceedings or action on the
part of Seller or any holders of Seller&#146;s capital stock or other security
holders are necessary to authorize this Agreement and the other Transaction
Documents or to consummate the Acquisition. This Agreement and the other
Transaction Documents have been duly executed and delivered by Seller, and,
assuming the due authorization, execution and delivery by the other parties
hereto or thereto, each such agreement constitutes a legal, valid and
binding obligation of Seller, enforceable against Seller in accordance with its
terms, except to the extent enforceability may be limited by any Enforcement
Limitation. </P>
<P align=center>18 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.3</B><B> </B><B>No Conflict.
</B>Assuming that all consents and other actions described in <U>Section 3.4</U>
have been obtained, and except as may result from any facts or circumstances
relating solely to Purchaser, the execution, delivery and performance by Seller
of this Agreement and the Transaction Documents and the consummation of the
transactions contemplated hereby or thereby will not: (a) conflict with or
violate or constitute a default under any provision of its organizational
documents or any resolutions adopted by its board of directors or stockholders;
(b) conflict with or violate or result in a breach of or default under, in each
case in any material respect, any provision of any Law or Order applicable to
Seller or by which any of the Purchased Assets or Seller is subject, bound or
affected in any respect; (c) result in any breach of or constitute a default (or
an event which with the giving of notice or lapse of time or both could
reasonably be expected to become a default) under, require notice or other
action by any Person under, or give to others any right of termination,
amendment, acceleration, consent (other than any consent set forth on
<U>Schedule 3.4</U>), notice or cancellation pursuant to any Material Contract
or Permit; or (d) result in the creation of a Lien on any of the Purchased
Assets other than a Permitted Lien; except where such a breach, violation,
default, conflict or right under clauses (c) and (d) above has not had and would
not reasonably be expected to have a Material Adverse Effect. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.4</B><B> </B><B>Filings and
Consents. </B>Except as set forth on Schedule 3.4, the execution and delivery of
this Agreement and the other Transaction Documents by Seller does not, and the
performance by Seller of its obligations hereunder and thereunder and the
consummation of the Acquisition will not, require (a) any consent, approval,
exemption, authorization or permit of, or filing by Seller with or notification
by Seller to, any Governmental Authority, or (b) any consent, approval, waiver,
authorization or permission of, and any penalty, assessment or special payment
be paid to, and any notice be sent to, any Person under any Material Contract,
except to the extent that the failure to obtain any such consent or to take any
such action with respect to a Material Contract or make any such filing will not
result in a Material Adverse Effect. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>3.5 Intellectual
Property. </STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
<U>Disclosure of Proprietary Rights</U>. <U>Schedule 2.1(a)(vii)</U> contains a
true and complete list of (i) all of the Acquired Patents, Acquired Trademarks,
and Acquired Copyrights that are registered with or issued by a Governmental
Authority or for which applications for registration or issuance have been filed
(&#147;<U>Registered Intellectual Property</U>&#148;); and (ii) all material unregistered
Acquired Trademarks and Acquired Copyrights used by Seller exclusively in
conducting the Business or the development, production, marketing, design, sale,
distribution and use of the Products. All fees, payments and filings due as of
the date hereof with respect to all of the Acquired Intellectual Property set
forth on <U>Schedule 2.1(a)(vii)</U> have been duly made.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
<U>Registered Intellectual Property.</U> All of the Registered Intellectual
Property assets are subsisting, valid, and enforceable, and in full force and
effect.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
<U>Ownership; No Encumbrances</U>. Except as set forth on <U>Schedule
3.5(c)</U>, Seller is the sole and exclusive owner of, and has good, valid and
marketable title to (free and clear of all Liens, other than Permitted Liens), or has a valid,
enforceable and transferable license to make, use or sell the Acquired
Intellectual Property. <U>Schedule 3.5(c)</U> sets forth the parties to and date
of each license to use Acquired Intellectual Property. All employees of Seller
and other persons responsible for development of the Proprietary Rights included
in the Acquired Intellectual Property for or on behalf of Seller have a legal
obligation enforceable by Seller to assign all rights in any such Proprietary
Rights to Seller (or an Affiliate of Seller), or have executed a valid agreement
assigning all rights in any such Proprietary Rights to Seller (or an Affiliate
of Seller). </P>
<P align=center>19 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
<U>Use of Acquired Intellectual Property</U>. Except as set forth on <U>Schedule
3.5(d)</U>, Seller does not use the Acquired Intellectual Property other than in
connection with the Business and Products. (i) The Proprietary Rights described
or required to be described on <U>Schedule 2.1(a)(vii)</U> as currently used by
Seller in the conduct of the Business as it is currently conducted and has been
conducted within the last six years do not infringe upon, misappropriate, or
otherwise violate any Proprietary Rights of any third party and (ii) to the
Knowledge of Seller, no third party is infringing, misappropriating or otherwise
violating the Proprietary Rights of Seller. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)
<U>Adequate Care</U>. (i) Seller has taken commercially reasonable steps to
prevent the unauthorized disclosure or use of any trade secrets and proprietary
information; (ii) Seller has entered into agreements with third parties and
employees, officers, directors, consultants and contractors who received access
to trade secrets or proprietary information designed to maintain the
confidentiality of trade secrets and proprietary information of the Business;
(iii) there is no breach or violation by Seller under, and to the Knowledge of
Seller, no breach or violation by any other party under or to, any such
agreement; and (iv) to the Knowledge of Seller, there has been no unauthorized
disclosure or use by employees, officers, directors, agents, consultants and
contractors of, or unauthorized disclosure or use of, the trade secrets or
proprietary information of Seller Related to the Business. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)
<U>Agreements Related to Seller&#146;s Proprietary Rights</U>. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="10%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify><U>Disclosure of Proprietary Rights Agreements</U>.
      <U>Schedule 3.5(f)(i) </U>lists all Contracts, licenses and other
      arrangements relating to the Acquired Intellectual Property as follows:
      (A) granting any Person any rights or licenses under the Acquired
      Intellectual Property, including the right to make, have made,
      manufacture, use, sell, offer to sell, distribute, reproduce, modify,
      import, export, or otherwise distribute any product or software, with or
      without the right to sublicense the same; (B) by which Seller grants any
      ownership right or title to any Proprietary Rights or by which Seller is
      assigned or granted an ownership interest in any Proprietary Rights other
      than agreements with employees and contractors that assign or grant to
      Seller ownership of Proprietary Rights developed in the course of
      providing services by such employees and contractors; or (C) limiting
      Seller&#146;s ability to use, practice or exploit the Purchased Assets in any
      market, field or geographical area or with any
Person, or that restricts the use, sale, transfer, delivery or
      licensing of Purchased Assets, including any covenant not to
    compete.</P></TD></TR></TABLE>
<P align=center>20 </P>
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<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
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  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify><U>Royalties</U>. Seller has no obligation to pay any
      royalties, license fees or other amounts or provide or pay any other
      consideration to any Person by reason of the ownership, development, use,
      exploitation, practice, sale, transfer or disposition of the Purchased
      Assets.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(g) </TD>
    <TD colSpan=2>
      <P align=justify><U>Trademarks, Patents and Copyrights</U>.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>Seller is listed in the records of the appropriate U.S.,
      state or foreign registry as the sole and current owner of record for each
      Trademark application and registration, Patent application and
      registration, and Copyright application and registration listed on
      <U>Schedule 2.1(a)(vii)</U>.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>There has never been any material claim, suit,
      arbitration or other adversarial proceeding before any Governmental
      Authority in any jurisdiction, nor is any such claim, suit, arbitration or
      other adversarial proceeding threatened, (A) involving the Acquired
      Trademarks, Acquired Patents, or Acquired Copyrights or (B) challenging
      the ownership, use, validity, enforceability or registrability of any of
      the Acquired Trademarks, Acquired Patents, or Acquired Copyrights.
      Rejections of pending applications during the prosecution of applications
      prior to issuance or registration shall not be deemed to be an adversarial
      proceeding within the scope of the preceding
sentence.</P></TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>3.6 Environmental and
Safety Matters. </STRONG>Except as set forth on <U>Schedule 3.6</U>:<B> </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
Seller is, and since January 1, 2014 has been, in compliance in all material
respects with all Environmental Laws applicable to the ownership and operation
of the Business, the Real Property and the Purchased Assets. Seller has not
received from any Person any Environmental Notice related to the Business, the
Purchased Assets or the Real Property except those which have been previously
resolved without any further Liability, re-opener or other obligation. To the
Knowledge of Seller, no facts, circumstances or conditions that may become the
subject of an Environmental Notice related to the Business, the Purchased Assets
or the Real Property are threatened or pending. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
Seller has obtained and is, and since January 1, 2014 has been, in material
compliance with all permits, licenses and other authorizations, and plans
required pursuant to applicable Environmental Law for the ownership or operation
of the Real Property, the Business and the Purchased Assets (&#147;<U>Environmental
Permits</U>&#148;). All Environmental Permits are currently in effect, and Seller has
timely applied for renewals thereof to the extent required if Seller were to
continue to own or operate the Real Property, the Business and the Purchased
Assets, as currently conducted. A complete and correct copy of each
Environmental Permit has been made available to Purchaser in the Data Room. All
such Environmental Permits are identified in <U>Schedule 3.6(b)</U>, and all
Environmental Permits shall be maintained in effect by Seller through the
Closing Date.</P>
<P align=center>21 </P>
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<P align=justify>Neither Seller nor its Affiliates have received any written
notice from any Governmental Authority that any Environmental Permit is subject
to material modification, withdrawal or termination, and to the Knowledge of
Seller, no material modification, withdrawal or termination of an Environmental
Permit is threatened. Seller shall cooperate with Purchaser to effectuate the
timely transfer of all transferrable Environmental Permits. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
Except as set forth in any Phase I or Phase II environmental assessment provided
to or obtained by Purchaser, there has been no actual or threatened Release of
any Hazardous Materials on, at, from, or under the Real Property that would
reasonably be expected to result in Liability under Environmental Law or in any
Governmental Authority request for any other response or response action.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
Seller has not, in connection with the Business, produced, sold, used, stored,
transported, handled, released, discharged, disposed of or arranged for the
transportation, treatment or disposal of Hazardous Materials at or from any
location except in material compliance with applicable Environmental Law and
under conditions that would not reasonably be expected to result in Liability
under any Environmental Law.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)
Seller has made available to Purchaser in the Data Room accurate and complete
copies of any and all notices and related correspondence described in <U>Section
3.6(a)</U>, all Phase I and Phase II environmental site assessments covering the
Real Property and other material information on the environmental condition of
the Real Property, in each case which have been provided since January 1, 2014
and are in the possession or control of Seller. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.7</B><B> </B><B>Compliance
with Laws. </B>Neither Seller (with respect to the Business) nor the Purchased
Assets nor the Excluded Real Property are, nor have they been at any time since
January 1, 2014, in any material respect, in conflict with, or in default or
violation of, or in receipt of any written notice alleging any conflict, default
or violation of, any: (a) order, judgment, preliminary or permanent injunction,
temporary restraining order, award, citation, decree, consent decree or writ
(collectively, &#147;<U>Orders</U>&#148;) of any Governmental Authority; or (b) applicable
Laws (other than Environmental Laws, which are subject to <U>Section 3.6</U>),
but including any Laws related to employment. To the Knowledge of Seller, no
event has occurred or circumstance exists that (with or without notice or
passage of time) constitutes a material conflict, default or violation by Seller
of, or a failure on the part of Seller to substantially comply with, any
applicable Laws relating to the Business or the Purchased Assets. </P>
<P
align=justify>&nbsp;&nbsp;&nbsp;&nbsp;<B>&nbsp;3<STRONG>.</STRONG></B><STRONG>8
Assets.</STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
Seller is the sole and exclusive owner of and has title to all of the Purchased
Assets that are not leased and the Excluded Real Property, free and clear of all
Liens other than Permitted Liens. The Bill of Sale and Assumption Agreement and
the endorsements, assignments and other instruments to be executed and delivered
by Seller to Purchaser at the Closing will effectively transfer to Purchaser
good, valid and marketable title to, and ownership of, the Purchased Assets free
and clear of all Liens other than Permitted Liens.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
Except as set forth on <U>Schedule 3.8(b)</U>, the Purchased Assets include all
of the material tangible and intangible assets, properties and rights, of any
nature whatsoever, used by Seller primarily in the Business. None of the Purchased
Assets are located outside the United States. The Purchased Assets will, taking
into account all Transaction Documents, constitute in all material respects all
of the assets, rights and properties necessary to conduct the Business as
presently conducted. </P>
<P align=center>22 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
Except as set forth on <U>Schedule 3.8(c)</U>, none of the material items of
personal property contained in the Purchased Assets are held under any lease,
security agreement, conditional sales contract or other title retention or
security arrangement or are located other than on the premises of Seller. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
Except as set forth on <U>Schedule 3.8(d)</U>, all material items of personal
property contained in the Purchased Assets are in good operating condition and
in a state of good maintenance and repair in all material respects, without any
material defect or need for repair (other than ordinary, routine maintenance and
repairs). </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.9</B><B> </B><B>Claims and
Proceedings. </B>There is no outstanding Order of any Governmental Authority
against or involving Seller with respect to the Products, the Business, the
Purchased Assets or the transactions contemplated hereby. Except as set forth on
<U>Schedule 3.9</U>, there is no Action pending or, to the Knowledge of Seller,
threatened against Seller, or to which Seller is otherwise a party, with respect
to or related to the Business, the Products, the Purchased Assets, any current
or former employee of Seller who has provided services to the Business, or the
transactions contemplated hereby. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>3.10
Contracts.</STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
Other than the Assumed Contracts and except as set forth on <U>Schedule
3.10(a)</U>, neither Seller nor any of its Affiliates is a party to any Contract
that is material to the Products, the Business or the Purchased Assets. Seller
has delivered to Purchaser a correct and complete copy of each Material
Contract. Seller is not in default under, and to the Knowledge of Seller, no
event has occurred which, with the giving of notice or the passage of time or
both, would constitute a default by any party to, any Material Contract. Seller
has not, and to the Knowledge of Seller, no other party thereto has, repudiated
any material provision of any Material Contract. Each of the Material Contracts
is in full force and effect, and is valid and enforceable in accordance with its
terms.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
<U>Schedule 3.10(b)</U> lists the following Contracts by which any of the
Purchased Assets are bound or by which Seller (or its Affiliates) is bound as of
the date hereof relating to or in connection with the Business or Purchased
Assets to which Seller (or its Affiliates) is a party (the &#147;<U>Material
Contracts</U>&#148;): </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="10%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>any Contract (or group of related Contracts) for the
      lease of personal or real property from any Person or to any Person except
      for any leases of personal property under which the lease payments do not
      exceed $75,000 per annum;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>any Contract (or group of related Contracts in the
      aggregate) with any Person which involve commitments to make capital
      expenditures or which provide for the purchase or sale of
  supplies, products, or other personal property, or for the
      furnishing or receipt of goods or services, the performance of which
      involves consideration in excess of $175,000 in the preceding 12 months or
      during the 12 months following the date hereof, in each instance excluding
      purchase orders entered into in the ordinary course consistent with past
      practice;</P></TD></TR></TABLE>
<P align=center>23 </P>
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noShade SIZE=5>
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<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(iii) </TD>
    <TD>
      <P align=justify>any Contract (or group of related Contracts in the
      aggregate) with any Person which provide for the purchase or sale of raw
      materials or commodities, the performance of which involves consideration
      in excess of $175,000 in the preceding 12 months or during the 12 months
      following the date hereof, in each case excluding purchase orders entered
      into in the ordinary course consistent with past practice;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(iv) </TD>
    <TD>
      <P align=justify>any Contract concerning a partnership or joint
      venture;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(v) </TD>
    <TD>
      <P align=justify>any Contract (or group of related Contracts) under which
      Seller has created, incurred, assumed, or guaranteed any Indebtedness
      Related to the Business, or under which it has imposed a Lien (other than
      Permitted Liens) on any of the assets, tangible or intangible, of the
      Business;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(vi) </TD>
    <TD>
      <P align=justify>any collective bargaining agreement or Contract with any
      union, works council or labor organization;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(vii) </TD>
    <TD>
      <P align=justify>any Contract with any Business Employee that provides for
      any severance benefits or that provides for employment other than on an
      &#147;at-will&#148; basis;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(viii) </TD>
    <TD>
      <P align=justify>any Contract with any independent contractor(s) or
      consultant(s) Related to the Business;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(ix) </TD>
    <TD>
      <P align=justify>any Contract with respect to any intangible property
      (including any Proprietary Rights) granted or made to Seller, or granted
      or made by Seller to third parties other than license agreements for
      unmodified, mass market software that (A) is available in consumer retail
      sites or otherwise commercially available and subject to &#147;shrink-wrap&#148; or
      &#147;click-through&#148; license agreements and (B) is for any aggregate royalty,
      fee or other consideration for any such software or group of related
      software license of no more than $50,000;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(x) </TD>
    <TD>
      <P align=justify>any Contracts involving consideration in excess of
      $175,000 continuing over a period of more than 12 months from the date
      thereof, not terminable upon 60 days&#146; or less notice without
    penalty;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(xi) </TD>
    <TD>
      <P align=justify>any Contract regarding any material indemnification
      provided to or by Seller outside the ordinary course of business,
      including any Contract regarding any indemnification provided with
      respect to Environmental Laws;</P></TD></TR></TABLE>
<P align=center>24 </P>
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<TABLE
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  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(xii) </TD>
    <TD>
      <P align=justify>any Contract or agreement that contains non-competition,
      non- solicitation or other similar provisions that would in any way
      restrict Seller from engaging in the Business in substantially the same
      manner as currently operated by Seller anywhere in the world, other than
      non-solicitation restrictions included in confidentiality or similar
      agreements in the ordinary course of business;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(xiii) </TD>
    <TD>
      <P align=justify>any Contract that grants exclusive rights for the benefit
      of a party other than Seller (including any right of first refusal, notice
      or negotiation) or restricts Seller from freely setting prices for its
      products (including any most favored customer pricing);</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(xiv) </TD>
    <TD>
      <P align=justify>any Contract that relates to the acquisition or
      disposition of any business, a material amount of stock or assets of any
      other Person or any real property (whether by merger, sale of stock, sale
      of assets or otherwise);</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(xv) </TD>
    <TD>
      <P align=justify>any Contract with any Governmental Authority;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(xvi) </TD>
    <TD>
      <P align=justify>any confidentiality, secrecy or non-disclosure Contract
      entered into by Seller outside the ordinary course of business;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(xvii) </TD>
    <TD>
      <P align=justify>any other Contract (or group of related Contracts) the
      performance of which involves consideration in excess of $175,000 in any
      fiscal year (excluding purchase orders); or</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(xviii) </TD>
    <TD>
      <P align=justify>any Contract with a Material Customer, other than
      purchase orders entered into in the ordinary course of
  business.</P></TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
<U>Schedule 3.10(c)</U> sets forth the form agreements entered into by Seller in
connection with the Business and the growers that sell commodities to the
Business. Except as otherwise set forth on <U>Schedule 3.10(c)</U>, the Material
Contracts entered into with such growers are on such form agreements, with no
material deviations from such form agreements. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.11</B><B> </B><B>Affiliated
Transactions. </B>Except as set forth on <U>Schedule 3.11</U>, no officer,
director, stockholder, employee or Affiliate of Seller, or, to the Knowledge of
Seller, any individual related by blood, marriage or adoption to any such
individual or any entity in which any such Person owns any beneficial interest,
is a party to any Contract, commitment or transaction with Seller relating to
the Business (other than relating to employment in the ordinary course) or has
any interest in any property used (including any Proprietary Rights or Purchased
Assets) in the Business. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.12</B><B> </B><B>No Broker.
</B>Except for Raymond James &amp; Associates, Inc., the fees for which shall be
the sole obligation of Seller, Seller has not employed any broker, finder or
agent or incurred and will not incur any obligation or liability to any broker,
finder or agent with respect to the transactions contemplated by this Agreement.
</P>
<P align=center>25 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>3.13 Taxes and Tax
Returns. </STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
Seller has filed all material Tax Returns it was required to file in respect of
the Business and the Purchased Assets and Real Property and all such Tax Returns
are true, correct and complete in all material respects. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
Seller has paid to the appropriate Governmental Authority all material Taxes
owed by Seller with respect to the Business and the Purchased Assets whether or
not shown on any Tax Return. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
Seller has not received any written claim with respect to the Business from an
authority in a jurisdiction where Seller does not file Tax Returns that Seller
is or may be subject to taxation by that jurisdiction as a result of the
activities conducted by the Business. There are no Liens (other than Permitted
Liens) on any of the Purchased Assets that arose in connection with any failure
to pay any Tax. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
With respect to the Business, Seller has complied in all material respects with
all applicable Laws relating to the withholding and payment of any Taxes and has
timely withheld and paid to the proper Governmental Authorities all amounts
required to have been withheld and paid in connection with amounts paid or owing
to any employee, independent contractor, creditor, shareholder or any other
third party. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)
Seller has provided to Purchaser all documentation relating to, and Seller is in
full compliance with all terms and conditions of any tax exemption, tax holiday
or other tax reduction agreement or Order (each, a &#147;<U>Tax Incentive</U>&#148;) and
the consummation of the transactions contemplated by this Agreement will not
have any adverse effect on the continued validity and effectiveness of any such
Tax Incentive. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)
None of the Assumed Liabilities is an obligation to make a payment that is not
deductible under Code &#167;280G. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)
None of the Purchased Assets is &#147;tax exempt use property&#148; within the meaning of
168(h) of the Code. None of the Purchased Assets (i) has been financed with, or
directly or indirectly secures, any debt the interest on which is tax-exempt
under Section 103(a) of the Code, or (ii) is located outside of the United
States. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)
None of the Purchased Assets is an interest in a limited liability company or
any other joint venture, partnership, or other arrangement or contract that
could be treated as a partnership for federal income tax purposes. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
No notice of deficiency for any Taxes has been received by Seller in writing
with respect to the Purchased Assets, which deficiency has not been paid in
full. There is no audit, litigation or arbitration or administrative proceeding
or claim asserted, pending or, to the Knowledge of Seller, threatened respecting
or involving Seller, the Business, or any of the Purchased Assets with respect
to any Tax. </P>
<P align=center>26 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j)
There are no bulk sales, bulk transfer or similar Laws of any jurisdiction that
may otherwise be applicable with respect to the sale of any or all of the
Purchased Assets to Purchaser pursuant to the terms hereof. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>3.14 Real
Property.</STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
<U>Schedule 3.14(a)</U> identifies each parcel of Real Property. Except as set
forth in <U>Schedule 3.14(a)</U>: (i) Seller has valid title to all Real
Property free and clear of all Liens (other than Permitted Liens); (ii) except
for agreements that will be terminated prior to or at Closing, Seller has not
leased, licensed or otherwise granted any Person the right to use or occupy the
Real Property, or granted any security interest in the Real Property which
assignment or security interest is currently in effect, other than Permitted
Liens; (iii) there are no outstanding agreements, options, rights of first offer
or rights of first refusal on the part of any party to purchase any Real
Property; (iv) there are no pending or, to the Knowledge of Seller, threatened
condemnation proceedings related to any of the Real Property; (v) to the
Knowledge of Seller, all labor and materials that have been provided to the Real
Property at the request of Seller will be fully paid for before Closing; (vi)
Seller has not received any written notice of any actual or proposed special
assessments or reassessments of any parcel constituting the Real Property; (vii)
to the Knowledge of Seller, except as set forth in any Phase I or Phase II
environmental assessment provided to or obtained by Purchaser, there are no
wells (sealed, operational or otherwise), septic systems, above ground storage
tanks or below-ground storage tanks upon any parcel of the Real Property; and
(viii) to the Knowledge of Seller, there are no material defects in any
improvement upon the Real Property that would reasonably be expected to cost in
excess of $100,000 in the aggregate to correct. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
Seller does not lease any real property as tenant, subtenant or otherwise, that
is Related to the Business or that would be needed to operate the Business after
Closing as the Business is currently conducted. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
Seller has made available to Purchaser true, correct and complete copies of all
material documents in its possession or control relating to the construction or
material alteration of improvements on, or the testing or analysis of, the
Acquired Real Property and the Excluded Real Property. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>3.15 Customers;
Suppliers.</STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
<U>Schedule 3.15(a)</U> is a complete and correct list of up to the ten largest
customers, in each case which has annual sales in excess of $500,000 in each of
the following main product categories of the Business: (i) corn, (ii) corn
ingredients, (iii) feedstuff, and (iv) soybeans (each a &#147;<U>Material
Customer</U>&#148;), for each of the two most recent fiscal years, in each case
measured by the revenue received by Seller in such product category during such
period, and sets forth opposite the name of each Material Customer the amount of
consideration Related to the Business paid by such Material Customer in such
product category during such period. Except as set forth on <U>Schedule
3.15(a)</U>, as of the date hereof, Seller has not received any written, or to
the Knowledge of Seller, oral notice that any Material Customer has cancelled,
materially decreased or otherwise materially modified, or intends to cancel,
materially decrease or otherwise materially modify, its Relationship with Seller
or its purchase of Products. </P>
<P align=center>27 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
<U>Schedule 3.15(b)</U> is a complete and correct list of up to the ten largest
vendors, suppliers, service providers and other similar business relations of
the Business, in each case with expenditures in excess of $500,000 in each of
the following product categories: (i) corn, and (ii) soybeans (each a
&#147;<U>Material Vendor</U>&#148;) for each of the two most recent fiscal years, in each
case measured by the expenditure by Seller during such period, and sets forth
opposite the name of each Material Vendor Seller&#146;s good faith estimate of the
amount of consideration Related to the Business paid to such Material Vendor
during such period. Except as set forth on <U>Schedule</U> <U>3.15(b)</U>, as of
the date hereof, Seller has not received any written, or to the Knowledge of
Seller, oral notice that any Material Vendor has cancelled, terminated or
otherwise materially modified, or intends to cancel, terminate or otherwise
materially modify its Relationship with Seller or the Business. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>3.16
Employees.</STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
<U>Schedule 3.16(a)</U> sets forth, with respect to each Business Employee as of
February 18, 2019: (i) the name, title and classification of each employee as
exempt/nonexempt and full-time/part-time (with full-time being any employee
regularly scheduled to work 30 or more hours per week); (ii) each employee&#146;s
current hourly rate or, if paid by salary, current annualized base compensation;
and (iii) whether the employee is on an authorized leave or other inactive
status (other than ordinary use of vacation or similar paid time off), the
nature of such leave or inactive status (including whether paid or unpaid), and
the beginning and expected end date (if known) of such leave/status. No other
employee of Seller is exclusively involved in the Business.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
Except as set forth on <U>Schedule 3.16(b)</U>, (i) to the Knowledge of Seller,
none of the Business Employees is a party to any employment, confidentiality,
non-competition, proprietary rights or other similar Contract that would
materially impact the performance of such employee&#146;s employment duties for
Purchaser, or the ability of Purchaser to conduct the Business; (ii) Seller is
not a party to any collective bargaining agreement with respect to the Business;
(iii) no labor organization or group of Business Employees has filed any
representation petition or made any written or oral demand for recognition with
respect to the Business; (iv) no union organizing or decertification efforts are
underway or, to the Knowledge of Seller, threatened and no other question
concerning representation exists; (v) no labor strike, work stoppage, slowdown,
or other material labor dispute has occurred and none is underway or, to the
Knowledge of Seller, threatened with respect to the Business; (vi) Seller has at
all times maintained or, where applicable, offered any insurance with respect to
any Business Employee required by any Law, including at least the minimum
workers&#146; compensation insurance; and (vii) to the Knowledge of Seller, Seller
has properly classified all workers as employees or independent contractors and,
for employees, as exempt or non-exempt under any applicable Law. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>3.17 Employee Benefit
Plans.</STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
<U>Schedule 3.17(a)</U> sets forth a list of each &#147;employee benefit plan&#148;
(within the meaning of Section 3(3) of ERISA), and any severance, change in
control, employment or retention plan, program or agreement, and vacation,
incentive, bonus, stock option and restricted stock, profit sharing, retirement,
deferred compensation or other material benefit plan, program, policy, agreement
or arrangement sponsored, maintained or contributed to by Seller, in which any
Business Employee participates or is eligible to participate (collectively, the
&#147;<U>Company Plans</U>&#148;). </P>
<P align=center>28 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
Each Company Plan has been established, operated and administered in all
material respects in accordance with its terms, ERISA, the Code and all other
applicable Law. Each of the Company Plans intended to be &#147;qualified&#148; within the
meaning of Section 401(a) of the Code has received a favorable determination
letter from the IRS (or is maintained on a preapproved plan document that has
received an opinion or advisory letter), and nothing has occurred that would
reasonably be expected to adversely affect such qualification. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
No Company Plan is subject to Title IV of ERISA and neither Seller nor any
Person that, together with Seller, is or was (at a relevant time) treated as a
single employer under Section 414 of the Code, has at any time within the
previous six years contributed to, or has had any Liability in respect of, any
plan subject to Title IV of ERISA.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
Except as set forth on <U>Schedule 3.17(d)</U>, no Company Plan exists that, as
a result of the execution of this Agreement or the transactions contemplated by
this Agreement (whether alone or in connection with any subsequent event(s)),
would reasonably be expected to (i) result in the payment of severance or any
increase in severance pay upon any termination of employment after the date of
this Agreement to any Business Employee or (ii) accelerate the time of payment
or vesting or result in any forfeiture, payment or funding (through a grantor
trust or otherwise) of compensation or benefits under, increase the amount
payable or result in any other material obligation pursuant to, any of the
Company Plans with respect to any Business Employee. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)
Except as required under Section 4980B of the Code or other applicable Law, no
Company Plan provides or promises to provide to any Business Employee health,
life or disability insurance following retirement or other termination of
employment (other than death benefits when termination occurs upon death). </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)
Each Company Plan that is subject to Section 409A of the Code has been
administered in material compliance with its terms and the operational and
documentary requirements of Section 409A of the Code and all applicable
regulatory guidance thereunder. Seller does not have any obligation to gross up,
indemnify or otherwise reimburse any Transferred Employee for any excise taxes,
interest or penalties incurred pursuant to Section 409A of the Code. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>3.18 Financial
Information; Absence of Undisclosed Liabilities.</STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
Attached as <U>Schedule 3.18(a)</U> are the following (collectively, the
&#147;<U>Financial</U> <U>Statements</U>&#148;): the unaudited balance sheets of the
Business for the last day of, and the related statements of income for the
fiscal years ended on, December 30, 2017 and December 29, 2018 (such statements
as of December 29, 2018, the &#147;<U>Latest Financials</U>&#148;). </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
Except as set forth on <U>Schedule 3.18(b)</U>, each such Financial Statement
fairly presents, in all material respects, the financial condition as of the
date thereof, and the results of operations throughout the respective periods
covered thereby, of the Business, in each case determined in accordance with
GAAP consistently applied throughout the periods indicated, subject to a lack of
footnotes (none of which footnotes would, alone or in the aggregate, be
materially adverse to the business, operations, financial condition, or
operating results, of the Business taken as a whole). </P>
<P align=center>29 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
To the Knowledge of Seller, there are no Liabilities of Seller Related to the
Business or the Real Estate that would have been required to be disclosed in,
provided for, reflected in, reserved against or otherwise described in the
Financial Statements (including any notes thereto) in accordance with GAAP,
except for (i) Liabilities reflected or reserved against on the Latest
Financials or in the notes thereto adjusted through the Closing Date (or
contingent going-forward performance obligations under Assumed Contracts that
arise in the ordinary course of business and are not otherwise required to be
set forth on a consolidated balance sheet as of the date hereof), (ii)
Liabilities incurred in the ordinary course of business consistent with past
practice since the date of the Latest Financials, or (iii) Liabilities that,
individually or in the aggregate, would not have a Material Adverse Effect.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.19</B><B> </B><B>Absence of
Certain Changes or Events. </B>Except as expressly contemplated by this
Agreement or as set forth in <U>Schedule 3.19</U>, since the date of the Latest
Financials Seller has conducted the Business in the ordinary course consistent
with past practice and there has not been, with respect to the Business or the
Real Estate, any: </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
Material Adverse Effect; </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
change, impact, event, effect, circumstance or development (or combination of
the foregoing) that would, or would reasonably be expected to, individually or
in the aggregate, materially impair or delay the ability of Seller to consummate
the transactions contemplated by, or to perform its obligations under, the
Transaction Agreements; </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
entry into any Contract that would constitute a Material Contract, or any
amendment or termination of any Material Contract, in each case other than in
the ordinary course of business; </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
purchase, sale or disposition of any Purchased Assets hereunder that would be
material to the Business taken as a whole; </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)
incurrence, assumption or guarantee of any Indebtedness other than unsecured
current obligations and liabilities incurred in the ordinary course of business
consistent with past practice;</P>
<P
align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)
grant of any Lien on any of the Purchased Assets, other than (i) pursuant to a
Material Contract or (ii) any Permitted Lien; </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)
cancellation of any debts or claims or amendment, termination or waiver of any
rights constituting Purchased Assets, except in the ordinary course of business;
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)
except in the ordinary course of business or as required by applicable Law, (i)
modification of any material employment, severance, termination or similar
agreements or arrangements with any Business Employee, (ii) grant of any
bonuses, salary increases, severance or termination pay to any Business
Employee, or (iii) an otherwise material increase in the compensation or
benefits provided to any Business Employee or independent contractor; </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
settlement or compromise of any material Action or waiver, release or assignment
of any material rights, benefits or claims of the Business; </P>
<P align=center>30 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j)
material damage, destruction or loss, or any material interruption in use, of
any Purchased Asset or the Excluded Real Property, whether or not covered by
insurance; </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k)
material capital expenditures which would constitute an Assumed Liability; or
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l)
any Contract to do any of the foregoing, or any action or omission that would
result in any of the foregoing.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.20</B><B> </B><B>Permits.
</B><U>Schedule 3.20</U> sets forth all material governmental permits (including
all licenses, regulatory consents, franchises, permits, privileges, immunities,
approvals and other authorizations of any Governmental Authority, but excluding
any Environmental Permits which are set forth on <U>Schedule 3.6(b)</U>) (the
&#147;<U>Permits</U>&#148;) Seller owns, holds or possesses, in respect of the Business,
which are necessary to entitle Seller to own or lease, operate or use the
Purchased Assets or to carry on and conduct the Business as currently conducted.
To the Knowledge of Seller, there is no suit, action, proceeding, investigation,
complaint, claim, charge or Order threatening to revoke, modify or otherwise
fail to renew any Permit (other than Environmental Permits, which are subject to
<U>Section 3.6</U>). To the Knowledge of Seller, Seller is in compliance in all
material respects with each Permit (other than Environmental Permits, which are
subject to <U>Section 3.6</U>). </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>3.21 Food Regulatory
Compliance.</STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
Since January 1, 2016, no license, approval, clearance, authorization,
registration, certificate, permit, filing, notification or supplement or
amendment thereto that Seller has received or made to the FDA, the United States
Department of Agriculture or any other Governmental Authority to conduct the
Business has been limited, suspended, modified or revoked. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
There is no actual or, to the Knowledge of Seller, threatened, enforcement
action by the FDA, the United States Department of Agriculture or any other
Governmental Authority that has jurisdiction over the operations of Seller or
the Business concerning or relating to the Business or the Products, and since
January 1, 2016, Seller has not received written notice of any pending or
threatened claim against Seller for such an enforcement action. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
Since January 1, 2016, all registrations, reports, documents, claims and notices
required to be filed, maintained, or furnished in connection with the Business
to the FDA, the United States Department of Agriculture or any other
Governmental Authority by Seller with respect to the Business have been so
filed, maintained or furnished.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
Since January 1, 2016, Seller has not received any FDA Form 483, notice of
adverse finding, warning letters, untitled letters or other correspondence or
written notice from the FDA, the United States Department of Agriculture, or any
other Governmental Authority alleging or asserting noncompliance with any Laws
applicable to the Business or any licenses, approvals, clearances,
authorizations, registrations, certificates, permits, filings, notifications and
supplements or amendments thereto required by any Laws applicable to the
Business. </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)
To the Knowledge of Seller, since January 1, 2016, all manufacturing, including
testing, by Seller has been conducted in all material respects in compliance
with industry standard good manufacturing practices and good laboratory
practices. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)
To the Knowledge of Seller, since January 1, 2016, every Product was and
continues to be in compliance in all material respects with, and Seller&#146;s
operations related to each such Product have been and are in compliance in all
material respects with: (i) all applicable requirements of the Federal Food,
Drug, and Cosmetic Act (21 U.S.C. &#167; 301 et seq.), as amended (&#147;<U>FFDCA</U>&#148;),
and implementing regulations and requirements adopted by the FDA in Title 21 of
the Code of Federal Regulations (including: FFDCA&#146;s prohibitions against
adulteration and misbranding of food; applicable requirements of the Food Safety
Modernization Act; 21 C.F.R. pt. 1 Subpart H (Registration of Food Facilities);
21 C.F.R. pt. 101 (Food Labeling); applicable animal food labeling requirements
set out by the Association of American Feed Control Officials Manual (latest
edition in effect); 21 C.F.R. pt. 170 (Food Additives); 21 C.F.R. pt. 110
(Current Good Manufacturing Practice In Manufacturing, Packing, Or Holding Human
Food); since September 19, 2016, 21 C.F.R. pt. 117 (Current Good Manufacturing
Practice In Manufacturing, Packing, Or Holding Human Food and Hazard Analysis
and Risk-Based Preventive Controls for Human Food); since September 19, 2016, 21
CFR pt 507 (Current Good Manufacturing Practices for Food for Animals); since
September 18, 2017, (Hazard Analysis and Risk-Based Preventive Controls for Food
for Animals) and since April 6, 2017, 21 CFR pt. 1 Subpart O (Sanitary
Transportation of Human and Animal Food); (ii) all applicable requirements under
applicable state law, including state laws with prohibitions against
adulteration and misbranding of food; and (iii) all applicable Laws enforced by
any Governmental Authority with jurisdiction over food (which, by definition
under the FFDCA, includes livestock feed) or food additives and any of Seller&#146;s
operations in connection with the Business or Products. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)
Seller maintains the material requisite licenses, approvals, clearances,
authorizations, registrations, certifications, permits, filings, notifications
and supplements to purchase, store, process, market and sell commodities
included in the Purchased Assets: (i) that has been produced and handled without
the use of <I>in vitro</I> recombinant deoxyribonucleic acid (rDNA) techniques
and for which the modification could not otherwise be obtained through
conventional breeding or found in nature; (ii) meet the requirements for
non-bioengineered food under the Agricultural Marketing Act of 1946 and,
specifically, Subtitle E &#147;National Bioengineered Food Disclosure Standard&#148;, 7
U.S.C. &#167; 1621 et seq., as may be amended, and the regulations promulgated under
the Agricultural Marketing Act of 1946; and (iii) are &#147;organically produced&#148; for
purposes of the Organic Food Production Act of 1990, 7 U.S.C. &#167;&#167; 6501-6522, as
may be amended, and the regulations promulgated under the Organic Food
Production Act of 1990. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.22</B><B> </B><B>Product
Liability. </B>Except as set forth on <U>Schedule 3.22</U>, (a) for the last
three years, there have been no Products that have been subject to an FDA
designated Class I, Class II or Class III recall (whether voluntary or
otherwise), (b) for the last three years, there have been no Actions (whether
completed or pending) seeking the recall, suspension or seizure of, or
notification in respect of, any Products, and (c) there is no current plan or
any discussion underway at Seller or, to the Knowledge of Seller, any
Governmental Authority regarding a recall, withdrawal or suspension of any
Products. Seller has not, in the last three years, had and does not currently
have any material Liability arising out of any product Liability or warranty
Action, or to the Knowledge of Seller, threatened product Liability or warranty Action,
with respect to any Products manufactured, sold, marketed, processed or supplied
by Seller in connection with the Business, or with respect to any services
rendered in connection with the Business. Except as set forth on <U>Schedule
3.22</U>, Seller has not made any express or implied warranties or guarantees
with respect to the Products or services rendered Related to the Business. </P>
<P align=center>32 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.23</B><B> </B><B>Insurance.
</B><U>Schedule 3.23</U> lists all insurance policies currently maintained by
Seller and covering the Business and the Purchased Assets. Except as identified
on <U>Schedule 3.23</U>, all such policies are (a) on an &#147;occurrence basis&#148; and
(b) remain in full force and effect with no premium arrearages as of the date of
this Agreement. With respect to each insurance policy listed in <U>Schedule
3.23</U>, and except as set forth in such Schedule, (i) each policy is legal,
valid, binding and in full force and effect; and (ii) all premiums due with
respect to all such policies have been paid, with such exceptions that would
not, individually or in the aggregate, reasonably be likely to be material to
the Business. Except as listed in <U>Schedule 3.23</U>, there are no claims by
Seller pending under any such policies with respect to the Business and Seller
has not been informed that coverage has been questioned, denied or disputed by
the underwriters of such policies with respect to any such claims. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.24</B><B> </B><B>Accounts
Receivable. </B>All Accounts Receivable, whether or not reflected on the Latest
Financials or in the books and records of Seller as being due to Seller, have
arisen from bona fide transactions in the ordinary course of business. All
Accounts Receivable are properly reflected (and properly reserved, if
applicable) on the Latest Financials or in the books and records of Seller as
being due to Seller in accordance with Seller&#146;s historic accounting practices.
None of the Accounts Receivable (i) are subject to any material setoffs or
counterclaims, (ii) represent obligations for goods sold on consignment, on
approval or on a sale-or-return basis or subject to any other repurchase or
return arrangement, or (iii) subject to any applicable reserves, are not
collectible in the ordinary course of business. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.25</B><B> </B><B>Inventory.
</B>The Inventory, whether or not reflected on the Latest Financials, is of a
quality usable and saleable in the ordinary course of business consistent with
past practice, subject to reserves for obsolete, excess, damaged, slow moving or
otherwise unusable Inventory. The Inventory was valued in a manner consistent
with Seller&#146;s historical accounting practices. Adequate reserves have been
reflected in the Latest Financials for obsolete, excess, damaged, slow moving or
otherwise unusable Inventory, which reserves were calculated in a manner
consistent with Seller&#146;s historical accounting practices.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.26</B><B> </B><B>No
Additional Representations. </B>Except as expressly set forth in this <U>Article
3</U>, Seller makes no other express or implied representations or warranties
and hereby disclaims any additional representation or warranty. </P>
<P align=justify><B>ARTICLE 4.</B><B> </B><B>REPRESENTATIONS AND WARRANTIES OF
PURCHASER </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purchaser hereby represents and
warrants to Seller that: </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.1</B><B> </B><B>Formation
and Qualification. </B>Purchaser is a limited liability company duly organized,
validly existing and in good standing under the Laws of the State of Delaware
and has all requisite power and authority to own, lease and operate its
properties and to carry on its business as it is now being conducted. Purchaser is duly qualified or
licensed to do business, and is in good standing, in each jurisdiction where the
character of the properties owned, leased or operated by it or the nature of its
business makes such qualification or licensing necessary.</P>
<P align=center>33 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.2</B><B> </B><B>Authority
Relative to this Agreement. </B>Purchaser has all necessary power and authority
to execute and deliver this Agreement and the other Transaction Documents to
which it is a party, to perform its obligations hereunder and thereunder and to
consummate the Acquisition. The execution and delivery of this Agreement and
each of the other Transaction Documents, as applicable, by Purchaser and the
consummation by Purchaser of the Acquisition have been duly and validly
authorized by all necessary corporate action, and no other proceedings on the
part of Purchaser are necessary to authorize this Agreement or to consummate the
Acquisition. This Agreement and the other Transaction Documents have been or
will be duly executed and delivered by Purchaser, as applicable, and, assuming
the due authorization, execution and delivery by the other parties hereto and
thereto, each such agreement constitutes a legal, valid and binding obligation
of Purchaser, enforceable against Purchaser in accordance with its terms. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.3</B><B> </B><B>No Conflict.
</B>The execution and delivery of this Agreement and the other Transaction
Documents by Purchaser does not, and the performance by Purchaser of its
obligations hereunder and the consummation of the Acquisition will not: (a)
conflict with or violate any provision of Purchaser&#146;s organizational documents,
each as amended to date, or any resolutions adopted by its board of directors,
managing director or stockholders; (b) conflict with or violate any Law or Order
applicable to Purchaser or by which Purchaser is bound or affected; or (c)
conflict with, result in a breach of, constitute a default (or event which with
the giving of notice or lapse of time or both would become a default) under,
require any consent under, or give to others any rights of termination,
amendment, acceleration, suspension, revocation or cancellation of, any note,
bond, mortgage or indenture, agreement, lease, sublease, license, permit,
franchise or other instrument or arrangement to which Purchaser is a party or
pursuant to which its property or assets are bound, except in each case as would
not materially and adversely affect the ability of Purchaser to carry out its
obligations under, and to consummate the transactions contemplated by this
Agreement and the other Transaction Documents. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.4</B><B> </B><B>Required
Filings and Consents. </B>The execution and delivery of this Agreement and the
other Transaction Documents by Purchaser, as applicable, do not, and the
performance by Purchaser of its obligations hereunder and thereunder and the
consummation of the Acquisition will not, require any consent, approval,
exemption, authorization or permit of, or filing by Purchaser with or
notification by Purchaser to, any Governmental Authority, except to the extent
that the failure to obtain any such consent or to take any such action would not
materially and adversely affect the ability of Purchaser to carry out its
obligations under, and to consummate the transactions contemplated by this
Agreement and the other Transaction Documents. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.5</B><B> </B><B>No Broker.
</B>Purchaser has not employed any broker, finder or agent or incurred and will
not incur, any obligation or liability to any broker, finder or agent with
respect to the transactions contemplated by this Agreement. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.6</B><B> </B><B>Availability
of Funds. </B>Purchaser has available cash or existing available borrowing
capacity under committed borrowing facilities as of the date hereof and will
have available cash as of the Closing, in each case that is sufficient to enable
Purchaser to consummate the transactions contemplated hereby. Purchaser&#146;s obligations
hereunder are not contingent upon procuring any financing. </P>
<P align=center>34 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.7</B><B> </B><B>Litigation.
</B>There is no Action, by or before any Governmental Authority or arbitrator,
pending or, to the Knowledge of Purchaser, threatened that, if adversely
determined, would reasonably be expected to have a material adverse effect on
Purchaser&#146;s ability to consummate the Acquisition or the other transactions
contemplated by the Transaction Documents. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.8</B><B> </B><B>Independent
Investigation. </B>Purchaser has performed an independent investigation,
examination, analysis and verification of the business, assets, liabilities,
operations and financial condition of Seller, including Purchaser&#146;s own estimate
of the value of the Business and the Purchased Assets. Purchaser has had the
opportunity to visit with Seller and meet with representatives of the Business
to discuss the foregoing matters. All materials and information requested by
Purchaser have been provided to Purchaser to its reasonable satisfaction.
Purchaser has performed the due diligence Purchaser deems adequate regarding all
matters relating to this Agreement and the transactions contemplated by the
Transaction Documents. In connection with the foregoing, Purchaser and its
representatives have received certain estimates, budgets, forecasts, plans and
financial projections. There are uncertainties inherent in such forward-looking
statements, and Purchaser is familiar with such uncertainties. Purchaser is
taking full responsibility for making its own evaluation of, and hereby assumes
all risks regarding, the adequacy and accuracy of such forward-looking
statements (including the reasonableness of the assumptions upon which they are
based). </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.9</B><B> </B><B>Solvency.
</B>After giving effect to the transactions contemplated herein (including the
receipt of any financing incurred by Purchaser to consummate such transactions),
Purchaser will be solvent immediately after giving effect to the transactions
contemplated herein and in the Transaction Documents. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.10</B><B> </B><B>No
Additional Seller Representations </B>Purchaser acknowledges and agrees that,
except for the representations and warranties made by Seller in <U>Article
3</U>, neither Seller nor any other Person makes any express or implied
representation or warranty with respect to Seller, the Business, Seller&#146;s assets
(including the Purchased Assets), operations, Liabilities (including the Assumed
Liabilities), condition (financial or otherwise) or prospects, and Seller hereby
disclaims any such other representations or warranties. In particular, without
limiting the foregoing, Purchaser acknowledges and agrees that except for the
representations and warranties made by Seller in <U>Article 3</U>, neither
Seller nor any other Person makes or has made any representation or warranty to
Purchaser or any of its Representatives. </P>
<P align=justify><B>ARTICLE 5.</B><B> </B><B>COVENANTS </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.1</B><B> </B><B>Conduct of
Business. </B>Except for matters required by applicable Law, set forth in
<U>Schedule 5.1</U>, expressly permitted by this Agreement or as otherwise
consented to in writing by Purchaser (which consent will not be unreasonably
withheld, conditioned or delayed), from the date hereof to the Closing Date (or
until the earlier termination of this Agreement in accordance with <U>Section
7.1</U>), Seller will conduct the Business in the ordinary course of business in
all material respects and will use commercially reasonable efforts to (a)
preserve intact its current Business organization and operations; (b) keep available the services of
the Business Employees; (c) maintain the existing relationships and goodwill of
the Business with material customers, suppliers, vendors, distributors and
agents and others having business dealings with them; (d) maintain in effect all
Permits that are necessary for the operation of the Business or the ownership
and use of the Purchased Assets; and (e) maintain all Real Property and related
improvements in substantially the same condition that the Real Property and
related improvements are in on the date of this Agreement. In addition, and
without limiting the generality of the foregoing, except for matters required by
applicable Law, set forth in <U>Schedule 5.1</U>, expressly contemplated by this
Agreement or otherwise consented to in writing by Purchaser (which consent will
not be unreasonably withheld, conditioned or delayed) Seller will not take or
permit any action that would cause any of the changes, events or conditions
described in <U>Section 3.19</U> to occur during the period between the date
hereof and the Closing Date. </P>
<P align=center>35 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.2</B><B> </B><B>Efforts to
Consummate Closing. </B>Upon the terms and subject to the conditions set forth
in this Agreement, each of the Parties shall use its commercially reasonable
efforts to take, or cause to be taken, all actions, and to do, or cause to be
done, and to assist and cooperate with the other Party in doing, all things
necessary to fulfill all conditions applicable to such Party pursuant to this
Agreement and the other Transaction Documents and to consummate and make
effective, in the most expeditious manner reasonably practicable (and in any
event prior to the End Date), the Closing, the Acquisition and the other
transactions contemplated hereby, including (i) obtaining all necessary consents
from non-Governmental Authority Persons required to be obtained by such party as
a condition to Closing (provided, however, that no Party shall be required to
pay any consideration therefor); (ii) obtaining all necessary actions or
non-actions, waivers, consents, qualifications and approvals from Governmental
Authorities; and (iii) executing and delivering any additional documents or
instruments necessary to consummate the Acquisition and the other transactions
contemplated hereby and to carry out this Agreement and the Transaction
Documents.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.3</B><B> </B><B>Pre-Closing
Access. </B>From the date hereof through Closing, so long as this Agreement
remains in effect, Seller will (a) afford Purchaser and its Representatives
reasonable access, during normal business hours and upon reasonable prior
notice, to (i) the facilities, personnel, books and records, Assumed Contracts
and other documents and data of Seller Related to the Business, and (ii) for the
purpose of performing non-invasive environmental investigations, surveys,
property inspections and related due diligence activities (but not including any
Phase II environmental inspection or other invasive inspection or sampling of
soil or other substances or materials, which invasive inspections shall not be
performed without the prior written consent of Seller, which may be withheld in
its sole and absolute discretion) concerning the Real Property, (b) furnish
Purchaser and its Representatives with such financial, operating and other data
and information related to the Business as Purchaser or its Representatives may
reasonably request, and (c) instruct the Representatives of Seller to reasonably
cooperate with Purchaser in its investigation of the Business, in every respect
subject to the terms and obligations of the Confidentiality Agreement.
Notwithstanding the foregoing, Seller shall not be required to disclose any
information to Purchaser if such disclosure would be reasonably likely to: (I)
cause significant competitive harm to Seller if the Acquisition is not
consummated; (II) jeopardize any attorney-client or other legal privilege; or
(III) contravene any applicable Law, fiduciary duty or binding Contract entered
into prior to the date hereof.</P>
<P align=center>36 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.4</B><B> </B><B>Contact.
</B>Until the Closing Date, none of Purchaser, its Affiliates or their
Representatives shall contact or communicate with the customers, suppliers,
vendors, employees, contractors or consultants of Seller in connection with the
Acquisition or the other transactions contemplated by this Agreement, or the
operation of the Business, without the prior written consent of Seller, and any
such contacts or communications to which consent is granted shall be coordinated
with the Person(s) set forth on <U>Schedule 5.4</U>.</P>
<P align=justify><B>5.5</B><B> </B><B>Confidentiality; Publicity.</B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
<U>Confidentiality Agreement</U>. The terms of the Confidentiality Agreement
shall continue in full force and effect until Closing, at which time the
Confidentiality Agreement shall terminate. Notwithstanding the preceding
sentence, for a period of two years from and after Closing, except as would have
been permitted under the terms of the Confidentiality Agreement and subject to
the provisions of <U>Section 5.5(c)</U>, (i) the Parties shall, and shall cause
their respective Representatives and Affiliates to, treat and hold as
confidential, and not disclose to any Person, information related to the
discussions and negotiations among the parties regarding this Agreement and the
transactions contemplated hereby; (ii) Purchaser shall, and shall cause its
Representatives and Affiliates to, treat and hold as confidential, and not
disclose to any Person, any confidential information which was obtained in
connection with this Agreement or the transactions contemplated hereby relating
to Seller or Seller&#146;s business or assets (other than, after the Closing,
confidential information relating exclusively to the Business, the Purchased
Assets or the Assumed Liabilities); and (iii) Seller shall, and shall cause its
Representatives and Affiliates to, treat and hold as confidential, and not
disclose to any Person, any confidential information (A) to the extent relating
exclusively to the Business, the Purchased Assets or the Assumed Liabilities or
(B) which was obtained in connection with the negotiation of this Agreement, the
consummation of the transactions contemplated hereby relating to Purchaser and
its Affiliates, or the provision of services under the Transition Services
Agreement. Notwithstanding the foregoing, nothing herein shall prohibit Seller
from retaining information related to the Business, the Purchased Assets and the
Assumed Liabilities in accordance with its document retention policies. If this
Agreement is, for any reason, terminated prior to Closing, the Confidentiality
Agreement shall continue in full force and effect. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
<U>Public Announcements</U>. Except as stated in Section 5.5(c) or this
<U>Section 5.5(b)</U>, each Party will not, and each party will cause each of
its Representatives and Affiliates not to, make any public release or
announcement regarding this Agreement or any of the transactions contemplated
hereby without the prior written approval of Purchaser and Seller (which, after
Closing, will not be unreasonably withheld, conditioned or delayed). Seller and
Purchaser will cooperate with each other in issuing, promptly after Closing, a
joint press release that announces the Acquisition. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
<U>Certain Permitted Disclosures</U>. Notwithstanding the foregoing, nothing in
this <U>Section 5.5</U> will prevent any of the following at any time: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="10%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>a Party or any of its Representatives or Affiliates
      disclosing any information to the extent required under applicable Law or
      under the rules and regulations of any national securities exchange (to
      the extent such party or any of its Affiliates has any of its
      securities traded or listed thereon);</P></TD></TR></TABLE>
<P align=center>37 </P>
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<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>before Closing, Seller informing other potential
      acquirers of the Purchased Assets that a definitive agreement has been
      entered into, without identifying Purchaser or any of its
    Affiliates;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(iii) </TD>
    <TD>
      <P align=justify>before Closing, Seller communicating with any of its
      suppliers or customers on a need to know basis regarding this Agreement
      and the Acquisition; or</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(iv) </TD>
    <TD>
      <P align=justify>a party or any of its Affiliates making a statement or
      disclosure (A) as part of its or any of its Affiliates&#146; financial
      statements or Tax Returns or (B) to the extent reasonably necessary to
      enforce or comply with this Agreement, including its obligation to take
      steps to satisfy closing conditions set forth in <U>Article
  6</U>.</P></TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.6</B><B> </B><B>Further
Assurances. </B>Seller hereby agrees, without further consideration, to execute
and deliver following the Closing such other instruments of transfer and take
such other actions as Purchaser or its counsel may reasonably request in order
to (a) confirm or evidence the transfer to Purchaser of the Purchased Assets,
and (b) to put Purchaser in possession of, and to vest in Purchaser, good and
valid title to the Purchased Assets in accordance with this Agreement. Purchaser
hereby agrees, without further consideration, to take such other action
following the Closing and execute and deliver such other documents as Seller or
its counsel may reasonably request in order to assume all of the Assumed
Liabilities and to consummate the Acquisition in accordance with this
Agreement.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.7</B><B> </B><B>Taxes and
Tax Returns. </B>Seller shall file all Tax Returns with respect to the Purchased
Assets required to be filed by it for all taxable periods ending on or before
the Closing Date and shall pay all Taxes with respect to the Business and the
Purchased Assets for Pre-Closing Tax Periods. All property Taxes, or ad valorem
obligations and similar recurring Taxes and fees on the Purchased Assets for
taxable periods beginning before, and ending after, the Closing Date, shall be
prorated between Purchaser and Seller as of the Closing Date based upon the
relative number of days in the Tax period.<B> </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.8</B><B> </B><B>Trade Names.
</B>Purchaser shall not use, or permit any of its Affiliates to use, and shall
not license or permit any third party to use, the Business Names, or any names
or logos confusingly similar thereto or any translations or derivatives thereof
in any manner anywhere in the world after Closing, other than as permitted in
accordance with the Trademark License.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.9</B><B> </B><B>Wrong
Pockets. </B>Seller shall, or shall cause its applicable Affiliates to,
promptly, but in any event within 5 business days of receipt by Seller, pay or
deliver to Purchaser any monies or checks that have been sent to Seller or any
of its Affiliates after the Closing to the extent that they are in respect of
the Purchased Assets. Purchaser shall, or shall cause its applicable Affiliates
to, promptly, but in any event within 5 business days of receipt by Seller, pay
or deliver to Seller any monies or checks that have been sent to Purchaser or
any of its Affiliates after the Closing to the extent that they are not in respect of the Purchased Assets
and to the extent they are in respect of the businesses of Seller or its
Affiliates. </P>
<P align=center>38 </P>
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<P align=justify><B>5.10</B><B> </B><B>Restrictive Covenants. </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
<U>Non-Compete</U>. Seller hereby agrees that from and after the Closing Date
and continuing for three years from the Closing Date (the &#147;<U>Restricted
Period</U>&#148;), it shall not and shall cause its Affiliates (including SunOpta
Inc. and its Subsidiaries) not to, directly or indirectly, as an agent,
consultant, director, equityholder, manager, co-partner or in any other
capacity, own, operate, manage, control, engage in, invest in, or participate in
any manner in, act as a consultant or advisor to, render services for (alone or
in association with any Person), or otherwise assist any Person that engages in
or owns, invests in, operates, manages or controls any venture or enterprise
that directly or indirectly engages or proposes to engage anywhere in North
America (the &#147;<U>Territory</U>&#148;) in a business that produces or sells Products
(the &#147;<U>Restricted Business</U>&#148;); provided, however, that nothing contained
herein shall be construed to prevent Seller or its Affiliates from investing in
the equity of any entity so long as Seller is not involved in the business of
said entity and Seller and its Affiliates do not own more than five percent of
the equity of such entity.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
<U>Interference with Relationships</U>. During the Restricted Period, Seller
shall not and shall cause its Affiliates not to, directly or indirectly, as
agent, consultant, director, equityholder, manager, co-partner or in any other
capacity without the prior written consent of Purchaser, employ, engage, recruit
or solicit for employment or engagement, any Transferred Employee employed or
engaged by Purchaser in connection with the Business. Nothing contained herein
shall preclude the solicitation or hiring of any Transferred Employee who: (i)
responds to a general solicitation of employment not targeted specifically at
Purchaser or its employees; (ii) is referred to Seller or its Affiliates by
search firms, employment agencies, or other similar entities; or (iii) has not
been employed by Purchaser for the 30 days prior to the date of such
solicitation or hiring. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
<U>Tradin Organic</U>. Notwithstanding the foregoing, with respect to Seller&#146;s
Affiliates (i) Tradin Organics USA, LLC and (ii) The Organic Corporation B.V.
and its Subsidiaries ((i) and (ii) collectively, &#147;<U>Tradin Organic</U>&#148;), the
definition of &#147;Restricted Business&#148; with respect to the covenants contained in
this <U>Section 5.10</U> shall be limited to the sale of organic and
non-genetically modified corn, cracked corn, soybeans, soybean bits and soybean
meal and, for the avoidance of doubt, other than with respect to the sale of
such products in the Territory, the continued conduct of Tradin Organic&#146;s
business as currently conducted and currently proposed to be conducted will not
be subject to or a violation of the provisions of <U>Section 5.10(a)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
Notwithstanding anything to the contrary in this <U>Section 5.10</U>, Seller or
any of its Affiliates may acquire (whether by acquisition of assets, merger or
otherwise) an interest in any Person for whom revenues from any Restricted
Business represented an amount no more than 25% of such entity&#146;s aggregate
revenues during such entity&#146;s last fiscal year (a &#147;<U>Relevant</U>
<U>Acquisition</U>&#148;) if (i) its primary purpose in making such Relevant
Acquisition is not to exploit for profit the Restricted Business, and (ii)
Seller or such Affiliate of Seller (A) offers to sell the entity or portion
thereof whose business constituted the Restricted Business to Purchaser on
mutually acceptable terms, and if Purchaser and Seller are not able to agree on
mutually acceptable terms within ten Business Days of such offer, then (B) uses
its good faith, reasonable best efforts to dispose of the entity or portion thereof whose business
constituted the Restricted Business within 12 months after the consummation of
such Relevant Acquisition, irrespective of whether such disposition is
ultimately consummated. Notwithstanding the foregoing and anything herein to the
contrary, this <U>Section 5.10</U> shall not apply in connection with, and
following, a Seller Change of Control. </P>
<P align=center>39 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)
<U>Enforceability; Blue Pencil</U>. Each of Seller and Purchaser recognizes that
the territorial, time and scope limitations set forth in this <U>Section
5.10</U> are reasonable and are properly required for the protection of
Purchaser&#146;s legitimate interest in client relationships, goodwill and trade
secrets of the Business. In the event that any such territorial, time or scope
limitation is deemed to be unreasonable by a court of competent jurisdiction,
Purchaser and Seller agree, and each of them submits, to the reduction of any or
all of said territorial, time or scope limitations to such an area, period or
scope as said court shall deem reasonable under the circumstances. If such
partial enforcement is not possible, the provision shall be deemed severed, and
the remaining provisions of this Agreement shall remain in full force and
effect.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.11</B><B> </B><B>Expenses.
</B>Except as otherwise specifically provided in this Agreement, each of the
Parties shall bear its own expenses incurred in connection with the preparation,
execution and performance of this Agreement and the Acquisition, including all
fees and expenses of its Representatives. Notwithstanding the foregoing, the
Seller shall pay, when due, all transfer, documentary, sales, use, excise,
stamp, registration and other such Taxes, and all conveyance fees, recording
charges and other fees and charges (including any penalties and interest) (the
&#147;<U>Transfer</U> <U>Taxes</U>&#148;) incurred in connection with the consummation of
the transactions contemplated by this Agreement, and Seller will file all
necessary Tax Returns and other documentation with respect to all such Transfer
Taxes, and, if required by applicable Law, the Purchaser will, and will cause
its Affiliates to, join in the execution of any such Tax Returns and other
documentation.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.12</B><B> </B><B>Third Party
Consents. </B>To the extent that Seller does not obtain any required third-party
consents set forth on <U>Schedule 3.4</U> prior to the Closing, Seller shall
reasonably cooperate with Purchaser for a period not to exceed one year to the
extent requested by Purchaser to make or obtain (or cause to be made or
obtained) as promptly as practicable all such consents. Seller shall not be
obligated to make any payment to obtain any such consents. Purchaser
acknowledges and agrees that (i) certain consents may be necessary from parties
to Assumed Contracts in connection with the transactions contemplated herein in
order not to constitute a breach or violation of or a default under, conflict
with or give rise to or create any right or obligation under, such Assumed
Contracts, which consents have not been obtained and may not be obtained prior
to Closing; and (ii) except to the extent expressly stated in <U>Article 3</U>,
Seller has not made (and no Person on behalf of Seller has made) any
representation or warranty or similar assurance regarding the need for or
desirability of any consent or approval by, notification to or filing with any
Person. The Parties shall not willfully take any action with the purpose of
delaying, impairing or impeding the receipt of any required consents,
authorizations and approvals. Purchaser agrees that, except as otherwise
expressly provided in <U>Section 2.9</U>, <U>Article 6</U> or this <U>Section
5.12</U> (or as a result of a breach of any representation or warranty in
<U>Article 3</U>), Seller will not have any obligation whatsoever to Purchaser
or any of its Affiliates arising out of, relating to or resulting from the
failure to obtain any consent (provided that Seller has performed its
obligations hereunder).</P>
<P align=center>40 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.13</B><B> </B><B>Allocation
of Purchase Price. </B>As promptly as practicable, but in no event later than 60
days following the determination of the Final Purchase Price, Purchaser shall
prepare and deliver to Seller a statement allocating the Final Purchase Price
and Assumed Liabilities (and all other capitalized costs) among the Purchased
Assets (the &#147;Allocation Statement&#148;), in accordance with Section 1060 of the
Code, the regulations promulgated thereunder, and the methodology set forth on
<U>Schedule 5.13</U>. The Allocation Statement will become final and binding 30
days after Purchaser provides the Allocation Statement to Seller, unless Seller
objects in good faith that the Allocation Statement is unreasonable. In that
case, the parties will attempt in good faith to agree upon the Allocation
Statement. Neither Party, nor any of their respective Affiliates, shall take any
position (whether in financial statements, audits, Tax Returns or otherwise)
which is inconsistent with the final Allocation Statement, as determined
pursuant to this <U>Section 5.13</U>, except as otherwise required pursuant to a
&#147;determination&#148; within the meaning of Section 1313(a) of the Code. If the
parties cannot agree on the Allocation Statement within 30 days after Purchaser
delivers any objection, then (i) Purchaser and Seller may each use a different
purchase price allocation, provided that it must be consistent with <U>Schedule
5.13</U>, (ii) each of Purchaser and Seller shall use (and cause its Affiliates
to use) their respective purchase price allocation in connection with the
preparation and filing of all Tax Returns, and (iii) provided that the
allocation is consistent with <U>Schedule 5.13</U>, Purchaser shall have no
Liability to Seller, and Seller shall have no Liability to Purchaser, for any
additional Taxes that may be imposed by any Governmental Authority to the extent
that such Tax arises solely as a result of the inconsistencies between the
separately used purchase price allocations. The foregoing notwithstanding, on
the Closing Date the Seller shall pay the deed tax/transfer tax payable in
connection with the delivery and recording of the deeds transferring each parcel
of Acquired Real Property utilizing the most recently available appraised value
of each such parcel utilized by the States of Minnesota or Iowa, as applicable,
as the consideration for the transfer of that parcel. This valuation is for
convenience of the parties only and shall have no impact upon the allocation of
the Final Purchase Price to each such parcel. If the allocation of the Final
Purchase Price to any such parcel is greater than the applicable tax appraised
value utilized to calculate the deed tax/transfer tax, then Seller shall pay all
amounts of deed tax/transfer tax due and payable based upon such increased
consideration for such parcel of the Acquired Real Property within five (5)
Business Days after the Allocation Statement becomes final and binding.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.14</B><B> </B><B>Tax
Clearance Certificates. </B>If requested by Purchaser, following the Closing,
Seller shall notify all of the taxing authorities in the jurisdictions that
impose Taxes on Seller or where Seller has a duty to file Tax Returns of the
transactions contemplated by this Agreement in the form and manner required by
such taxing authorities, if the failure to make such notifications or receive
any available tax clearance certificate could subject the Purchaser to any Taxes
of Seller. If any such taxing authority asserts that Seller is liable for any
Tax, Seller shall either (a) promptly pay any and all such amounts and shall
provide evidence to the Purchaser that such liabilities have been paid in full
or otherwise satisfied or (b) contest the assertion that Seller is liable for
such Tax.<B> </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>5.15 Employee Matters.
</STRONG></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
Prior to March 7, 2019, Purchaser shall, or shall have caused one of its
Affiliates to, make offers of employment, to be effective as of March 8, 2019
(the &#147;<U>Employment</U> <U>Transition Date</U>&#148;), to each Business Employee
listed on <U>Schedule 3.16(a)</U> who remains employed by Seller as of
immediately prior to the Employment Transition Date. Each Business Employee who accepts such offer of employment from Purchaser or any of
its Affiliates, and who has reasonably satisfactory results from the agreed
post-offer employment screening process set forth on <U>Schedule 5.15(a)</U>, is
referred to herein as a &#147;<U>Transferred Employee</U>.&#148; The offers made to the
Business Employees will provide that the Business Employees will be provided
with the same compensation and bonus opportunities, and benefits that are
substantially similar in the aggregate, in each case to those in effect
immediately prior to the Closing. </P>
<P align=center>41 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
Purchaser and Seller shall each take all actions necessary to provide that each
Transferred Employee who so elects may make a rollover of his or her account
balances under Seller&#146;s tax-qualified defined contribution plan (including any
promissory notes evidencing outstanding loan balances under such plans) to
Purchaser or its Affiliate&#146;s 401(k) Plan, and Purchaser shall cause such plans
to accept such rollovers. Seller shall provide to Transferred Employees all
notices to obtain continued health coverage required under Code Section 4980B.
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
Purchaser shall, or shall cause its Affiliates to, credit service accrued by
Transferred Employees with Seller or its Affiliates as of the Employment
Transition Date (i) for eligibility and vesting purposes under all benefit
plans, programs, policies and arrangements (including benefits under any defined
contribution retirement, medical, dental, life insurance, vacation, seniority
payment or severance plans, programs or policies, but excluding for vesting
purposes under equity-based arrangements) of Purchaser and its Affiliates, and
(ii) for future benefit accrual purposes under all applicable vacation and paid
time off policies and for purposes of determining the amount of benefits payable
under any applicable severance pay plans, programs, policies and arrangements;
provided, however, that in no event shall such credit result in the duplication
of benefits or the funding thereof. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
The provisions of this <U>Section 5.15</U> are solely for the benefit of the
Parties to this Agreement, and no current or former employee, director or
independent contractor or any other individual associated therewith shall be
regarded for any purpose as a third-party beneficiary of the Agreement, and
nothing herein shall be construed as an amendment to any employee benefit plan
for any purpose. Nothing in this <U>Section 5.15</U> shall be construed to (i)
limit the right of Purchaser or any of its Affiliates to amend or terminate any
employee benefit plan, to the extent such amendment or termination is permitted
by the terms of the applicable plan, or (ii) require Purchaser or any of its
Affiliates to retain the employment of any particular Business Employee for any
fixed period of time following the Closing Date. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.16</B><B>
</B><B>Post-Closing Access. </B>Throughout the seven year period after Closing,
subject to the reasonable confidentiality precautions of the Party whose
information is being accessed, each Party will, during normal business hours and
upon reasonable notice from any requesting Party: (a) cause such requesting
Party and such requesting Party&#146;s Representatives to have reasonable access to
the books and records (including financial and Tax records, Tax Returns, files,
papers and related items) of such Party, and to the personnel responsible for
preparing and maintaining such books and records and, with respect to Purchaser,
to the personnel responsible for conducting the Business, in each case to the
extent necessary or reasonably desirable to (i) prepare or audit financial
statements, (ii) prepare or file Tax Returns or (iii) address other Tax,
accounting, financial or legal matters or respond to any investigation or other
inquiry by or under the control of any Governmental Authority; and (b) permit
such requesting Party and such requesting Party&#146;s Representatives to make copies of such books and records for
the foregoing purposes, at such requesting Party&#146;s expense. </P>
<P align=center>42 </P>
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<P align=justify><B>5.17</B><B> </B><B>Financing.</B> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
Purchaser shall use its reasonable best efforts to take, or cause to be taken,
all actions and do, or cause to be done, all things reasonably necessary, proper
or advisable to arrange and obtain the financing necessary to consummate the
transactions contemplated hereby, including payment of the Final Purchase Price,
including by using its reasonable best efforts to, at or prior to Closing,
negotiate and enter into any definitive agreements with respect to such
financing. Without limiting the foregoing, Purchaser shall keep Seller
reasonably informed on a reasonably current basis in reasonable detail of the
material developments concerning the status of its efforts to arrange the
financing.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
Prior to the Closing or the date on which this Agreement is terminated in
accordance with <U>Article 7</U>, Seller shall use commercially reasonable
efforts to cause its officers, employees and advisors to cooperate, at
Purchaser&#146;s expense, as customary in connection with the arrangement of the
financing contemplated by Purchaser&#146;s committed borrowing facility or any
alternative financing for the transactions contemplated by this Agreement as may
be reasonably requested by Purchaser. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
Nothing in <U>Section 5.17(b)</U> will require such cooperation to the extent
that it would: (i) unreasonably disrupt or interfere with the business or
operations of Seller or any of its Affiliates; (ii) require Seller or any of its
Affiliates to pay any fees, incur or reimburse any out-of-pocket costs or
expenses or other Liability, or make any payment in connection with any
financing; (iii) require Seller or any of its Affiliates to enter into any
Contract, or agree to any change or modification of any Contract; (iv) violate
the terms of any organizational documents of Seller or any of its Affiliates,
violate applicable Law or result in the contravention of, or that would
reasonably be expected to result in, a violation or breach of, or default under,
any Contract to which any Seller or any of its Affiliates is a party; (v)
reasonably be expected to cause any representation or warranty in this Agreement
to be breached by Seller; or (vi) reasonably be expected to cause Seller or any
of its Affiliates or any of their respective directors, officers or employees or
stockholders to incur any personal Liability. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
Purchaser shall promptly, upon request by Seller, reimburse Seller for all
reasonable and documented out-of-pocket fees, costs and expenses (including
reasonable attorneys&#146; fees) paid by Seller or any of its Affiliates or their
respective representatives in connection with the financing or any of Seller&#146;s
obligations under this <U>Section 5.17</U>. Purchaser will indemnify and hold
harmless Seller, its Affiliates, and its directors, officers, employees or
stockholders from and against any and all Losses of any type actually suffered
or incurred by any such Person in connection with or arising out of any action
taken, or cooperation provided, by such Person or any of its representatives
pursuant to this <U>Section 5.17</U>, at the request of Purchaser pursuant to
this <U>Section 5.17</U> or the provision of information utilized in connection
therewith; in each case, except to the extent that any such Losses arise from
the gross negligence or willful misconduct of Seller or any of its Affiliates,
officers, employees and other representatives. </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)
Notwithstanding anything to the contrary in this Agreement, the receipt of the
information or assistance required under <U>Section 5.17(b)</U> is not a
condition to Purchaser&#146;s obligation to effect the Closing and non-compliance or
non-performance by Seller or breach by Seller of its obligations under
<U>Section 5.17(b)</U> will not constitute a breach of the condition set forth
in <U>Section 6.2(b)</U> as it relates to Seller. Neither Seller nor any of its
Affiliates shall have liability to Purchaser in respect of any information, data
or cooperation provided pursuant to this <U>Section 5.17</U> except as expressly
provided in this Agreement. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.18</B><B> </B><B>R&amp;W
Insurance Policy. </B>Purchaser will, on the date hereof, enter into a binder
agreement for a policy of representation and warranty insurance (the &#147;<U>R&amp;W
Insurance Policy</U>&#148;) (including the form of the R&amp;W Insurance Policy), in
the form previously provided to Seller, reflecting the date hereof as the
R&amp;W Insurance Policy inception date. Purchaser shall take any other action
reasonably necessary at or before the Closing to make the R&amp;W Insurance
Policy effective. Purchaser agrees that the R&amp;W Insurance Policy, in the
form provided to Seller prior to the date hereof, shall not be assigned,
modified, amended or waived in any respect in a manner that has any adverse
effect on Seller, without the prior written consent of Seller. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>5.19 Title.</STRONG> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a) Purchaser has engaged Old Republic National Title Company (the &#147;<U>Title</U>
<U>Insurer</U>&#148;) to investigate the condition of the title of the Real Property,
to close the transactions contemplated in this Agreement (pursuant to Section
2.7 and otherwise) and to provide policies of title insurance for Purchaser and
Purchaser&#146;s lender. The parties covenant and agree to cooperate with Title
Insurer&#146;s requirements for closing and to each pay one half of Title Insurer&#146;s
commercially reasonable closing fee. Seller shall be responsible for Title
Insurer&#146;s search and commitment fees and costs (and opinion fees, if necessary
for the parcel in Cresco, IA) and Purchaser shall be responsible for the
premiums for all policies of title insurance to be obtained and the cost of any
endorsements thereto. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b) Seller may, but shall not be required to, cure any of Purchaser&#146;s objections
(&#147;<U>Objections</U>&#148;) to the condition of the title (including survey issues) to
each parcel of Real Property, as set forth in Purchaser&#146;s title objections
delivered to Seller prior to the date of this Agreement. If Seller fails to cure
any such Objection prior to Closing, then, at Purchaser&#146;s sole option: (i) if
the remaining Objections are monetary liens securing financial obligations of
Seller, Purchaser may cure the remaining Objections on or before the Closing
Date and credit its costs of cure against the Purchase Price at Closing; (ii) if
Title Insurer can &#147;insure over&#148; such Objection, then Title Insurer shall provide
the applicable endorsement at Seller&#146;s cost; or (iii) Purchaser may waive its
remaining Objection(s). </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.20</B><B>
</B><B>Casualty.</B> If, prior to the Closing Date, all or any parcel of the
Real Property is damaged by fire, casualty, the elements or any other cause,
Seller shall assign to Purchaser, on the Closing Date, all of Seller&#146;s right,
title and interest in all insurance proceeds applicable to such damages.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.21</B><B>
</B><B>Environmental Matters. </B>Prior to Closing, Purchaser may apply to the
Minnesota Pollution Control Agency for a determination under Minnesota Statutes
Section 115B.178 concerning the Release at the Real Property located in Blooming
Prairie, Minnesota. In no event shall Purchaser have any rights to terminate this Agreement or delay Closing on
account of this <U>Section 5.21</U> or Purchaser&#146;s discussions with the
Minnesota Pollution Control Agency. </P>
<P align=center>44 </P>
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<P align=justify><B>ARTICLE 6.</B><B> </B><B>CONDITIONS PRECEDENT </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>6.1</B><B> </B><B>Mutual
Conditions. </B>The obligations of each Party to effect Closing and consummate
the Acquisition are subject to the satisfaction on or prior to Closing of the
following conditions, any or all of which may be waived, in whole or in part, to
the extent permitted by applicable Law, in a written instrument executed and
delivered by the Party being benefited thereby: </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
<U>Consents</U>. Purchaser and Seller shall have procured any consents to the
Acquisition by (i) Governmental Authorities as set forth on Schedule 6.1(a)(i)
and (ii) consents related to other third parties as set forth on <U>Schedule
6.1(a)(ii)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
<U>No Orders</U>. No Governmental Authority shall have enacted, issued,
threatened, promulgated, enforced or entered any Law or Order (whether
temporary, preliminary or permanent) that has the effect of making the
Acquisition or the other transactions contemplated hereby illegal or otherwise
prohibiting or restricting the consummation of such transactions.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>6.2</B><B> </B><B>Conditions
to Obligations of Purchaser. </B>The obligations of Purchaser to effect Closing
and consummate the Acquisition are subject to the satisfaction on or prior to
Closing of the following conditions, any or all of which may be waived, in whole
or in part, to the extent permitted by applicable Law, in a written instrument
executed and delivered by Purchaser: </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
<U>Representations and Warranties</U>. The representations and warranties of
Seller set forth in <U>Article 3</U> hereof shall be true and correct in all
respects as of the Closing Date as though made on and as of the Closing Date,
except (i) to the extent such representations and warranties are made on and as
of a specified date, in which case the same shall continue on the Closing Date
to be true and correct as of the specified date and (ii) to the extent that the
facts, events and circumstances that cause such representations and warranties
to not be true and correct as of such dates have not had a Material Adverse
Effect (<U>provided</U>, that for the purposes of the foregoing clause,
qualifications as to materiality and Material Adverse Effect contained in such
representations and warranties shall not be given effect other than those set
forth in <U>Section 3.18</U> and <U>Section 3.19</U>). </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
<U>Covenants.</U> Seller shall have performed in all material respects all
agreements and covenants required by this Agreement to be performed by Seller on
or prior to the Closing Date. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
<U>Certificate</U>. Purchaser shall have received a certificate signed by a duly
authorized officer of Seller certifying the items in <U>Sections 6.2(a)</U> and
<U>(b)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
<U>Material Adverse Effect</U>. Between the date hereof and the Closing Date,
there shall be no Material Adverse Effect. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)
<U>Closing Deliverables</U>. Purchaser shall have received all documents,
certificates and instruments required to be delivered pursuant to Section 2.7(b)
.. </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>6.3</B><B> </B><B>Conditions
to Obligations of Seller. </B>The obligations of Seller to effect Closing and
consummate the Acquisition are subject to the satisfaction on or prior to
Closing of the following conditions, any or all of which may be waived, in whole
or in part, to the extent permitted by applicable Law, in a written instrument
executed and delivered by Seller: </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
<U>Representations and Warranties</U>. The representations and warranties of
Purchaser set forth in <U>Article 4</U> hereof shall be true and correct in all
respects as of the Closing Date as though made on and as of the Closing Date,
except (i) to the extent such representations and warranties are made on and as
of a specified date, in which case the same shall continue on the Closing Date
to be true and correct as of the specified date and (ii) to the extent that the
facts, events and circumstances that cause such representations and warranties
to not be true and correct as of such dates have not had a material adverse
effect on the ability of Purchaser to consummate the transactions contemplated
by this Agreement (<U>provided</U>, that for the purposes of the foregoing
clause, qualifications as to materiality contained in such representations and
warranties shall not be given effect). </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
<U>Covenants</U>. Purchaser shall have performed in all material respects its
covenants and agreements contained in this Agreement required to be performed on
or prior to the Closing Date. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
<U>Certificate</U>. Seller shall have received a certificate signed by an
authorized officer of Purchaser certifying the items in <U>Sections 6.3(a)</U>
and <U>(b)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
<U>Representation and Warranty Insurance</U>. Purchaser shall have provided
evidence to Seller of Purchaser&#146;s binding and finalization of the R&amp;W
Insurance Policy in the form previously provided to Seller. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)
<U>Closing Deliverables</U>. Seller shall have received all documents,
certificates and instruments required to be delivered pursuant to <U>Section
2.7(a)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>6.4</B><B> </B><B>Frustration
of Closing Conditions. </B>Neither Seller nor Purchaser may rely, either as a
basis for not consummating Closing or terminating this Agreement, on the failure
of any condition set forth in <U>Sections 6.1</U>, <U>6.2</U> or <U>6.3</U>, as
the case may be, to be satisfied if such failure was caused by such Party&#146;s
breach of any provision of this Agreement or failure to use its commercially
reasonable efforts to consummate the transactions contemplated hereby. </P>
<P align=justify><B>ARTICLE 7.</B><B> </B><B>TERMINATION </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>7.1 Termination.
</STRONG>This Agreement may be terminated at any time prior to Closing: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD colSpan=2>
      <P align=justify>by the written agreement of Purchaser and
  Seller;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD colSpan=2>
      <P align=justify>by either Purchaser or Seller upon written notice to the
      other:</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>if Closing shall not have occurred on or prior to
      February 28, 2019 (the &#147;<U>End Date</U>&#148;), unless the failure to
      consummate Closing is the result of a breach of this Agreement by the
      Party seeking to terminate this Agreement; or</P></TD></TR></TABLE>
<P align=center>46 </P>
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<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="10%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>if any Governmental Authority issues an Order or takes
      any other action permanently enjoining, restraining or otherwise
      prohibiting Closing and such Order or other action shall have become final
      and nonappealable; provided, that the party seeking to terminate this
      Agreement pursuant to this Section 7.1(b)(ii) shall have used its
      reasonable best efforts to contest, appeal and remove such Order or action
      and shall not be in material violation of this
Agreement;</P></TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
by Purchaser upon written notice to Seller if there has been a breach by Seller
of any of its representations, warranties, covenants or agreements in this
Agreement such that the conditions in <U>Section 6.2(a)</U> or <U>6.2(b)</U>, as
applicable, will not be satisfied; provided, however, that if such breach is
curable and can reasonably be expected to be cured by the End Date, then the
right to terminate pursuant to this <U>Section 7.1(c)</U> shall be suspended so
long as reasonable, good faith efforts are being exerted to effect a cure; or
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d) by Seller by written notice to Purchaser if there has been a breach by
Purchaser of any of its representations, warranties, covenants or agreements in
this Agreement such that the conditions in <U>Section 6.3(a)</U> or
<U>6.3(b)</U> will not be satisfied; provided, however, that if such breach is
curable and can reasonably be expected to be cured by the End Date, then the
right to terminate pursuant to this <U>Section 7.1(d)</U> shall be suspended so
long as reasonable, good faith efforts are being exerted to effect a cure. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>7.2</B><B> </B><B>Effect of
Termination. </B>In the event of termination of this Agreement pursuant to the
provisions of <U>Section 7.1</U>, this Agreement shall become void and there
shall be no further obligation on the part of Purchaser or Seller (except as set
forth in <U>Section 5.5</U> (Confidentiality; Publicity), <U>Section 5.11</U>
(Expenses), <U>Article 7</U> (Termination) and <U>Article 9</U> (Miscellaneous),
all of which shall survive the termination); provided, however, that nothing
herein shall relieve any Party hereto from Liability for its willful breach of
this Agreement.</P>
<P align=justify><B>ARTICLE 8.</B><B> </B><B>INDEMNIFICATION </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>8.1</B><B> </B><B>Survival.
</B>Subject to the limitations and other provisions of this Agreement, the
representations and warranties of the Parties contained herein, as the case may
be, shall survive the Closing and shall remain in full force and effect for a
period of 12 months after the Closing Date; provided that (i) the
representations in <U>Section 3.1</U> (Organization and Qualification),
<U>Section</U> <U>3.2 </U>(Authority Relative to this Agreement), <U>Section
3.8(a)</U> (Assets) and <U>Section 3.12</U> (No Broker) (collectively, the
&#147;<U>Fundamental Representations</U>&#148;) shall survive for a period of six years.
No claim arising out of or related to a breach of a representation or warranty
under this Agreement shall be asserted by any Indemnitee after the expiration of
the applicable time period, if any, unless notice of such claim or action is
given to the Indemnitor prior to the expiration of such applicable time period
as provided herein. The covenants and agreements of the Parties contained in
this Agreement shall survive the Closing in accordance with their terms. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<STRONG>8.2 Indemnification by
Seller.</STRONG> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
Subject to the limitations hereinafter set forth, Seller agrees to indemnify
Purchaser and its officers, directors, employees, Affiliates, agents and
representatives (each a &#147;<U>Purchaser Indemnified Party</U>&#148;) against and hold them
harmless to the extent of any Losses resulting from:</P>
<P align=center>47 </P>
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noShade SIZE=5>
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<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="10%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>any breach of any representation or warranty of Seller
      contained herein, in each case without giving effect to any qualifications
      as to materiality, Material Adverse Effect or similar
    qualifications;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>any breach of any covenant or agreement of Seller
      contained herein;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(iii) </TD>
    <TD>
      <P align=justify>any Excluded Liability or Excluded Asset; and</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(iv) </TD>
    <TD>
      <P align=justify>the matters identified in <U>Schedule
    8.2(a)(iv)</U>.</P></TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
In the case of claims for indemnification against Seller for Losses pursuant to
<U>Section 8.2(a)(i)</U>, such Losses shall be satisfied or pursued in
accordance with the following: (i) Purchaser will bear the burden of all such
Losses up to the Retention Amount, and (ii) any such Losses in the aggregate
that are in excess of the Retention Amount will be pursued by the Purchaser
Indemnified Parties solely from the R&amp;W Insurance Policy. Seller will have
no liability for any such Losses covered by this <U>Section 8.2(b)</U> other
than as set forth in <U>Section 8.2(c)</U>.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
Notwithstanding <U>Section 8.2(b)(ii)</U>, in the case of claims for
indemnification against Seller for Losses related to breaches of Fundamental
Representations, such Losses shall be recoverable from the Seller directly to
the extent that such Losses, in aggregate with all other Losses related to
<U>Section 8.2(a)(i)</U>, exceed $6,500,000. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
In the case of claims for indemnification against Seller for Losses pursuant to
<U>Sections 8.2(a)(ii)</U>, <U>(iii)</U> and <U>(iv)</U>, such Losses shall be
satisfied directly by Seller; provided, however, that to the extent that any
such Loss also represents a breach of a representation or warranty of Seller,
such Loss shall be subject to <U>Section 8.2(b)</U> and not this <U>Section
8.2(d)</U>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)
If any insurance proceeds are actually received by Purchaser Indemnified Parties
from any third party with respect to a Loss indemnifiable pursuant to <U>Section
8.2(a)</U>, such amount received shall reduce the amount of the Loss for which
Seller is responsible. If payment has already been made by Seller to the
Purchaser Indemnified Parties with respect to the Loss, then the amount of the
insurance proceeds received which applies to the Loss (net of any costs of
collecting such insurance proceeds or increases in premiums related to such
claims) shall be promptly paid to Seller. The Purchaser Indemnified Parties
shall use commercially reasonable efforts to collect amounts available under any
insurance coverage, but the collection of insurance amounts shall not be a
condition to, or a limitation on (other than with respect to the amount of
Losses, with respect to which insurance coverage will be a limitation),
indemnification rights hereunder.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)
Each Purchaser Indemnified Party shall use commercially reasonable efforts to
mitigate any Loss subject to indemnification under <U>Section 8.2(a)</U>;
<U>provided</U> that (i) the reasonable costs of such mitigation shall be
included in the Loss subject to such indemnification and (ii) the obligations
under this Section 8.2(f) shall not be a condition to, or a limitation on (other
than with respect to the amount of Losses, with respect to which failure to
mitigate will be a limitation), indemnification rights under this Agreement.
</P>
<P align=center>48 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)
Any liability for indemnification under this <U>Section 8.2</U> shall be
determined without duplication of recovery by reason of the state of facts
giving rise to such liability constituting a breach of more than one
representation, warranty, covenant or agreement. The Purchaser Indemnified
Parties shall not be entitled to be indemnified pursuant to this <U>Article
8</U> for the amount of any current liability included in the calculation of
Working Capital. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)
The aggregate liability of Seller for any Losses with respect to the matters set
forth in this <U>Section 8.2</U> will not exceed an amount equal to the Final
Purchase Price. </P>
<P align=justify><B>8.3</B><B> </B><B>Indemnification by Purchaser. </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
Purchaser agrees, subject to the other terms and conditions of this Agreement,
to indemnify Seller and its Affiliates, officers, directors, employees, agents
and representatives (each a &#147;<U>Seller Indemnified Party</U>&#148;) against and hold
them harmless from all Losses resulting from: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="10%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>any breach of any representation or warranty of Purchaser
      contained herein, in each case without giving effect to any qualifications
      as to materiality, material adverse effect or similar
    qualifications;</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>any breach of any covenant or agreement of Purchaser
      contained herein; and</P></TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(iii) </TD>
    <TD>
      <P align=justify>any Assumed Liability or Purchased Asset after the
      Closing Date.</P></TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
The aggregate liability of Purchaser for any Losses with respect to the matters
set forth in this <U>Section 8.3</U> will not exceed an amount equal to the
Final Purchase Price. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
If any insurance proceeds are actually received by Seller Indemnified Parties
from any third party with respect to a Loss indemnifiable pursuant to <U>Section
8.3(a)</U>, such amount received shall reduce the amount of the Loss for which
Purchaser is responsible. If payment has already been made by Purchaser to the
Seller Indemnified Parties with respect to the Loss, then the amount of the
insurance proceeds received which applies to the Loss (net of any costs of
collecting such insurance proceeds or increases in premiums related to such
claims) shall be promptly paid to Purchaser.<B> </B>The Seller Indemnified
Parties shall use commercially reasonable efforts to collect amounts available
under any insurance coverage, but the collection of insurance amounts shall not
be a condition to, or a limitation on (other than with respect to the amount of
Losses, with respect to which insurance coverage will be a limitation),
indemnification rights hereunder.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)
Any liability for indemnification under this <U>Section 8.3</U> shall be
determined without duplication of recovery by reason of the state of facts
giving rise to such liability constituting a breach of more than one
representation, warranty, covenant or agreement.</P>
<P align=justify><B>8.4</B><B> </B><B>Procedures for Indemnification</B>. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
A party seeking indemnification under this Agreement (the &#147;<U>Indemnitee</U>&#148;)
shall give written notice to the party against whom it is requesting
indemnification (the &#147;<U>Indemnitor</U>&#148;) of any claim, assertion, event or
proceeding as to which such Indemnitee may request indemnification hereunder as
soon as is reasonably practicable and in any event within 30 days of the time
that such Indemnitee learns of such claim, assertion, event or proceeding and
determines that it is reasonably likely to be subject to indemnification
hereunder; <U>provided</U>, <U>however</U>, that the failure to so notify the
Indemnitor shall not affect rights to indemnification hereunder except to the
extent that the Indemnitor is prejudiced by such failure.</P>
<P align=center>49 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)
Subject to the procedures set forth in the R&amp;W Insurance Policy with respect
to claims pursuant to <U>Section 8.2(a)(i)</U>, in respect of any claim,
assertion, event or proceeding asserted by any third party (&#147;<U>Third Party
Claim</U>&#148;) for which an Indemnitee requests indemnification, Indemnitor shall
have the right to direct, through counsel of its own choosing but subject to
approval by Indemnitee, such approval not to be unreasonably withheld,
conditioned or delayed, the defense or settlement of any such claim or
proceeding at its own expense; <U>provided</U>, that Indemnitor may not do so if
(i) Indemnitor is also a party to the Third Party Claim and the Indemnitee
determines in good faith, upon the advice of its legal counsel, that joint
representation would result in a conflict of interest that is inappropriate;
(ii) the Third Party Claim seeks remedies other than damages, such as equitable
relief, against the Indemnitee; or (iii) Indemnitor fails to provide reasonable
assurance to the Indemnitee of Indemnitor&#146;s financial capacity to diligently
defend the Third Party Claim and provide indemnification with respect to the
Third Party Claim. If Indemnitor elects to assume the defense of any such Third
Party Claim, (A) no compromise or settlement of such claims may be effected by
the Indemnitor without the consent in writing of the Indemnitee unless (1) there
is no finding or admission of any violation of law<B> </B>or of any violation of
the rights of any person against the Indemnitee, and (2) the sole relief with
respect to Indemnitee is monetary damages that are paid in full by Indemnitor;
and (B) the Indemnitee will have no liability with respect to any compromise or
settlement of such claims effected without its consent in writing or in
compliance with the foregoing clause (A). Where Indemnitor assumes the defense
of a Third Party Claim in accordance with the foregoing, Indemnitor shall
consult with the Indemnitee for the purpose of allowing the Indemnitee to
participate in such defense, but in such case, so long as Indemnitor continues
to diligently defend the Third Party Claim, the expenses of the Indemnitee shall
be paid by the Indemnitee. If the Indemnitor assumes the defense of a Third
Party Claim, the Indemnitee shall provide Indemnitor and its counsel with
reasonable access to its records and personnel relating to any such claim,
assertion, event or proceeding during normal business hours and shall otherwise
cooperate on a reasonable basis with Indemnitor in the defense or settlement
thereof, and Indemnitor shall reimburse Indemnitee for all its reasonable
out-of-pocket expenses in connection therewith. If Indemnitor elects to direct
the defense of any such claim or proceeding, Indemnitee shall not pay, or permit
to be paid, any part of any claim or demand arising from such asserted liability
for which Indemnitor is responsible unless Indemnitor consents in writing to
such payment, such consent not to be unreasonably withheld, or unless Indemnitor
withdraws from the defense of such asserted liability, or unless a final
judgment from which no appeal may be taken by or on behalf of Indemnitor is
entered against Indemnitee for such liability. If Indemnitor fails to defend or
if, after commencing or undertaking any such defense, Indemnitor fails to
prosecute or withdraws from such defense, Indemnitee shall have the right to
undertake the defense or settlement thereof, at Indemnitor&#146;s expense. If the
Indemnitee assumes the defense of any such claim or proceeding pursuant to this
<U>Section 8.4(b)</U> and proposes to settle such claim or proceeding prior to a
final judgment thereon or to forego any appeal with respect thereto, then the
Indemnitee shall give Indemnitor prompt written notice thereof, and Indemnitor shall have the right to participate in the settlement
discussions, but Indemnitor may not unreasonably withhold consent to any
proposed settlement.
</P>
<P align=center>50 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
Commencement of a claim under any of the above methods shall be considered
notice of a claim under <U>Section 8.1</U> hereof, relating to time limits for
making claims. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>8.5</B><B> </B><B>R&amp;W
Insurance Cooperation. </B>Seller will cooperate with Purchaser, to the extent
reasonably requested by Purchaser, as necessary to tender a claim, and deliver a
copy of any notice required by the R&amp;W Insurance Policy.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>8.6</B><B> </B><B>Treatment of
Indemnity Payments. </B>Unless otherwise required by applicable Law, all
payments made by Seller or Purchaser, as the case may be, to or for the benefit
of the other Parties pursuant to this <U>Article 8</U> shall be treated as
adjustments to the Final Purchase Price for Tax purposes, and such agreed
treatment shall govern for purposes of this Agreement. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>8.7</B><B> </B><B>Remedies
Exclusive. </B>From and after the Closing, except for (a) equitable remedies,
and (b) in the case of actual fraud (an element of which is intent), the rights
of the Parties to indemnification relating to this Agreement or the transactions
contemplated hereby shall be strictly limited to those contained in this
<U>Article 8</U>, and such indemnification rights shall be the exclusive
remedies of the Parties subsequent to the Closing Date with respect to any
matter in any way relating to this Agreement or arising in connection
herewith.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>8.8</B><B> </B><B>Waiver of
Subrogation. </B>Purchaser hereby waives any subrogation rights that its
applicable insurers may have against Seller with respect to any Losses related
to this Agreement, other than any subrogation rights arising in the event of
Losses resulting from actual fraud (an element of which is intent) on the part
of Seller.</P>
<P align=justify><B>ARTICLE 9.</B><B> </B><B>GENERAL </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.1</B><B> </B><B>Notices.
</B>All notices, requests, claims, demands or other communications that are
required or may be given pursuant to the terms of this Agreement shall be in
writing and shall be deemed to have been duly given (a) when delivered, if
delivered by hand, (b) one Business Day after transmitted, if transmitted by a
nationally recognized overnight courier service (with charges prepaid for next
day delivery), (c) when emailed, provided there is obtained an electronic
delivery confirmation thereof, not to be unreasonably withheld, conditioned or
delayed, or if an alternative delivery method is concurrently used, or (d) three
Business Days after mailing, if mailed by registered or certified mail (return
receipt requested), to the parties at the following addresses (or at such other
address for a party as shall be specified in a notice given in accordance with
this <U>Section 9.1</U>): </P>
<P style="MARGIN-LEFT: 5%" align=justify>If to the Purchaser: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="90%">Pipeline Foods, LLC </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="90%">1250 East Moore Lake Drive, Suite 200 </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="90%">Minneapolis, MN 55432 </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="90%">Attention: Eric Jackson </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="90%">Email: ejackson@pipelinefoods.com
</TD></TR></TABLE>
<P align=center>51 </P>
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noShade SIZE=5>
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<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="94%"  colSpan=2>With a simultaneous
      copy (which will not constitute notice) to: </TD></TR>
  <TR>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Saul Ewing Arnstein &amp; Lehr LLP </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">33 South Sixth Street </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Suite 4750 </TD></TR>
  <TR vAlign=bottom>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Minneapolis, Minnesota 55402 </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Attention: Kermit Nash </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Email: kermit.nash@saul.com </TD></TR>
  <TR>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">&nbsp; </TD></TR>
  <TR>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="94%"  colSpan=2>If to Seller: </TD></TR>
  <TR>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">SunOpta Grains and Foods Inc. </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">7801 Ohms Lane </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Suite 600 </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Edina, Minnesota 55439 </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Attention: General Counsel </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Fax: (952) 939-8106 </TD></TR>
  <TR vAlign=bottom>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Email: jill.barnett@sunopta.com </TD></TR>
  <TR>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">&nbsp; </TD></TR>
  <TR>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="94%"  colSpan=2>With a simultaneous
      copy (which will not constitute notice) to: </TD></TR>
  <TR>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Faegre Baker Daniels LLP </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">2200 Wells Fargo Center </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">90 South Seventh Street </TD></TR>
  <TR vAlign=bottom>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Minneapolis, Minnesota 55402 </TD></TR>
  <TR vAlign=top>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Attention: Jon Nygren </TD></TR>
  <TR vAlign=bottom>
    <TD align=left  >&nbsp;</TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="89%">Email: jon.nygren@faegrebd.com
</TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.2</B><B>
</B><B>Severability; Parties in Interest. </B>Whenever possible, each provision
of this Agreement shall be interpreted in such manner as to be effective and
valid under applicable Law, but if any provision of this Agreement or the
application of any such provision to any Person or circumstance is held by a
court of competent jurisdiction or other authority to be invalid, void or
unenforceable, the remainder of the provisions 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 and legal substance of the transactions contemplated
hereby is not affected in any manner materially adverse to any party or intended
beneficiary hereof. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.3</B><B> </B><B>Assignment.
</B>This Agreement and all of the provisions hereof shall be binding upon and
inure to the benefit of the Parties hereto and their respective successors and
permitted assigns; provided that neither this Agreement nor any of the rights,
interests, or obligations hereunder may be assigned by any Party without the
prior written consent of the other Party. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.4</B><B> </B><B>Governing
Law. </B>THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF MINNESOTA OTHER THAN CONFLICT OF LAWS PRINCIPLES THEREOF
DIRECTING THE APPLICATION OF ANY LAW OTHER THAN THAT OF MINNESOTA.</P>
<P align=center>52 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.5</B><B> </B><B>Specific
Performance. </B>Each of Seller and Purchaser acknowledges and agrees that the
other Party would be damaged irreparably in the event any of the provisions of
this Agreement is not performed in accordance with its specific terms or is
otherwise breached. Accordingly, Seller and Purchaser agree that the other Party
shall be entitled to an injunction or injunctions to prevent breaches of the
provisions of this Agreement and to enforce specifically this Agreement and the
terms and provisions hereof in any action instituted in any court in the United
States or in any state having jurisdiction over the parties and the matter in
addition to any other remedy to which they may be entitled pursuant hereto.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.6</B><B> </B><B>Consent to
Jurisdiction. </B>Each of the Parties submits to the jurisdiction of federal or
state courts sitting in Hennepin County, Minnesota in any Action arising out of
or relating to this Agreement and agrees that all claims in respect of the
Action may be heard and determined in any such court. Each Party hereto hereby
irrevocably submits to the jurisdiction of such courts, irrevocably consents to
the service of process by registered mail or personal service and hereby
irrevocably waives, to the fullest extent permitted by Law, any objection which
it may have or hereafter have as to personal jurisdiction, the laying of the
venue of any such Action brought in any such court and any claim that any such
Action brought in any court has been brought in an inconvenient forum and waives
any bond, surety or other security that might be required of any other Party
with respect thereto. Each Party agrees that a final judgment in any Action so
brought shall be conclusive and may be enforced by suit on the judgment or in
any other manner provided by law or at equity.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.7</B><B> </B><B>Waiver of
Jury Trial. </B>EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL
BY JURY IN ANY LITIGATION, ACTION, PROCEEDING, CROSS-CLAIM, OR COUNTERCLAIM IN
ANY COURT (WHETHER BASED IN CONTRACT, TORT, OR OTHERWISE) ARISING OUT OF,
RELATING TO OR IN CONNECTION WITH (A) THIS AGREEMENT OR THE VALIDITY,
PERFORMANCE, INTERPRETATION, COLLECTION OR ENFORCEMENT HEREOF, (B) THE ACTIONS
OF THE PARTIES IN THE NEGOTIATION, AUTHORIZATION, EXECUTION, DELIVERY,
ADMINISTRATION, PERFORMANCE OR ENFORCEMENT HEREOF OR (C) ANY TRANSACTION OR
AGREEMENT CONTEMPLATED HEREBY OR THE ACTIONS OF THE PARTIES HERETO. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.8</B><B> </B><B>Headings;
Interpretation. </B>The descriptive headings contained in this Agreement are
included for convenience of reference only and shall not affect in any way the
meaning or interpretation of this Agreement. The Parties have participated
jointly in the negotiation and drafting of this Agreement. In the event an
ambiguity or question of intent or interpretation arises, this Agreement shall
be construed as if drafted jointly by the Parties, and no presumption or burden
of proof shall arise favoring or disfavoring any Party by virtue of the
authorship of any provisions of this Agreement. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.9</B><B>
</B><B>Counterparts; Facsimiles. </B>This Agreement may be executed and
delivered (including by facsimile or portable document format (PDF)
transmission) in two or more counterparts, and by the different parties hereto
in separate counterparts, each of which when executed and delivered shall be deemed to be an original but
all of which taken together shall constitute one and the same agreement. </P>
<P align=center>53 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.10</B><B> </B><B>Entire
Agreement. </B>This Agreement and the other Transaction Documents executed in
connection with the consummation of the Acquisition contain the entire agreement
between the Parties with respect to the subject matter hereof and related
transactions and supersede all prior agreements, written or oral, with respect
thereto.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.11</B><B> </B><B>Waivers and
Amendments; Non-Contractual Remedies; Preservation of Remedies. </B>This
Agreement may be amended, superseded, canceled, renewed or extended only by a
written instrument signed by all of the Parties. Any provision hereof may be
waived in a writing signed by the Party that could otherwise seek enforcement of
the provision being waived. No delay on the part of any Party in exercising any
right, power or privilege hereunder shall operate as a waiver thereof, nor shall
any waiver on the part of any Party of any such right, power or privilege, be
deemed to be a waiver of any other right, power or privilege or the same right,
power or privilege on a future occasion, nor shall any single or partial
exercise of any such right, power or privilege, preclude any further exercise
thereof or the exercise of any other such right, power or privilege. Except as
otherwise provided herein, the rights and remedies herein provided are
cumulative and are not exclusive of any rights or remedies that any Party may
otherwise have at Law or in equity. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.12</B><B> </B><B>Schedules.
</B>Any matter disclosed on any Schedule referred to herein shall be deemed also
to have been disclosed on any other applicable Schedule to the extent such
disclosure is readily apparent on the face of such Schedule. </P>
<P align=center><I>[Signatures appear on next page] </I></P>
<P align=center>54 </P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, intending to
be legally bound hereby, the Parties have caused this Asset Purchase Agreement
to be signed in their respective names by their duly authorized representatives
as of the date first above written. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left colSpan=2 >PIPELINE FOODS, LLC </TD>
    <TD align=left width="49%" >&nbsp;</TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="45%" >&nbsp; </TD>
    <TD width="49%" >&nbsp;</TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="45%" >&nbsp; </TD>
    <TD width="49%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left >By: </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="45%"
    >&nbsp;/s/ Eric Jackson </TD>
    <TD align=left width="49%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left >Name: </TD>
    <TD align=left width="45%" >Eric Jackson </TD>
    <TD align=left width="49%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left >Title: </TD>
    <TD align=left width="45%" >Chief Executive Officer </TD>
    <TD align=left width="49%" >&nbsp;</TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="45%" >&nbsp; </TD>
    <TD width="49%" >&nbsp;</TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="45%" >&nbsp; </TD>
    <TD width="49%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left colSpan=2 >SUNOPTA GRAINS AND FOODS INC. </TD>
    <TD align=left width="49%" >&nbsp;</TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="45%" >&nbsp; </TD>
    <TD width="49%" >&nbsp;</TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="45%" >&nbsp; </TD>
    <TD width="49%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left >By: </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="45%"
    >&nbsp;/s/ Jill Barnett </TD>
    <TD align=left width="49%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left >Name: </TD>
    <TD align=left width="45%" >Jill Barnett </TD>
    <TD align=left width="49%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left >Title: </TD>
    <TD align=left width="45%" >Vice President &amp; Corporate
      Secretary </TD>
    <TD align=left width="49%" >&nbsp;</TD></TR></TABLE>
<P align=center>SIGNATURE PAGE TO ASSET PURCHASE AGREEMENT </P>
<HR align=center width="100%" color=black noShade SIZE=5>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>exhibit99-1.htm
<DESCRIPTION>EXHIBIT 99,1
<TEXT>
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<P align=right><B>Exhibit 99.1 </B></P>
<IMG src="exhibit99-1x1x1.jpg" border=0 width="247" height="87"> <BR>
<P align=center><B>FOR IMMEDIATE RELEASE </B></P>
<P align=center><B>SUNOPTA ANNOUNCES STRATEGIC SALE OF ITS SPECIALTY AND ORGANIC
SOY AND CORN <BR>BUSINESS TO PIPELINE FOODS</B><B><I> </I></B></P>
<P align=justify><B>Toronto, February 25, 2019</B> - SunOpta Inc. (&#147;SunOpta&#148; or
the &#147;Company&#148;) (Nasdaq:STKL) (TSX:SOY), a leading global company focused on
organic, non-genetically modified and specialty foods, today announced the sale
of its specialty and organic soy and corn business to Pipeline Foods, LLC
(&#147;Pipeline Foods&#148;) for $66.5 million, subject to certain post-closing
adjustments. The transaction closed on February 22, 2019. </P>
<P align=justify>"Our specialty and organic soy and corn business has a long
history of supplying high quality specialty, non-GMO and organic ingredients to
the food industry,&#148; said John Ruelle, Senior Vice President of Raw Material
Sourcing and Supply at SunOpta. &#147;I want to thank all of our employees who are
transitioning to Pipeline Foods for their hard work and dedication. Each
employee has had a meaningful impact and contributed to the Company&#146;s Value
Creation Plan during their time at SunOpta. We believe Pipeline Foods is well
positioned in this space, which should serve the industry well and be positive
for our transitioning employees." </P>
<P align=justify>&#147;We are excited by this incredible opportunity to grow our
business and expand the accessibility of organic and specialty grains in the
US,&#148; said Eric Jackson, chief executive of Pipeline Foods. &#147;With this move, we
are merging the newest team in the sustainable agriculture supply chain business
with the most tenured and respected team in the business, and creating something
even better. With a focused passion, we seek to merge the best parts of each
organization&#146;s culture, practices, experience, and relationships to build a
world-class business that can deliver value to our farmer-partners as well as
our customers.&#148; </P>
<P align=justify>SunOpta's specialty and organic soy and corn business formed
part of its North American-based raw material sourcing and supply segment and
includes five facilities located in Hope, MN, Blooming Prairie, MN, Ellendale,
MN, Moorhead, MN and Cresco, IA. As part of the deal, SunOpta and Pipeline Foods
have entered into a multi-year supply agreement for certain ingredients used in
SunOpta&#146;s consumer products business. SunOpta will continue to operate its other
North American-based sourcing and supply operations, consisting of sunflower and
roasting operations, as well as its European-based international sourcing and
supply platform, known as Tradin Organic, which were not part of the sale. </P>
<P align=justify>Additional details regarding the expected pro forma financial
impact from the sale, along with expanded commentary on this development will be
provided on SunOpta&#146;s previously announced Fourth Quarter 2018 Financial Results
Release and Conference Call scheduled for February 26, 2019. </P>
<P align=justify><B>Advisors </B></P>
<P align=justify>Raymond James &amp; Associates, Inc. is serving as financial
advisor and Faegre Baker Daniels LLP is serving as legal advisor to SunOpta.
</P>
<P align=justify>Crowe LLP is serving as accounting and tax advisor and Saul
Ewing Arnstein &amp; Lehr is serving as legal advisor to Pipeline Foods.</P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
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<P align=justify><B>About SunOpta Inc. </B></P>
<P align=justify>SunOpta Inc. is a leading global company focused on organic,
non-genetically modified ("non-GMO") and specialty foods. SunOpta specializes in
the sourcing, processing and packaging of organic and non-GMO food products,
integrated from seed through packaged products; with a focus on strategic
vertically integrated business models. SunOpta's organic and non-GMO food
operations revolve around value-added grain, seed, fruit and vegetable-based
product offerings, supported by a global sourcing and supply infrastructure.</P>
<P align=justify><B>About Pipeline Foods</B></P>
<P align=justify>With headquarters in Minneapolis, Minn., Pipeline Foods is
accelerating the availability and reliability of non-GMO, organic and
regeneratively grown food. We bring transparent, sustainable supply chain
solutions to connect the dots for our farming partners and end users of organic
grains and ingredients. Find us at https://www.pipelinefoods.com/, on Twitter
@PipelineFoods and Facebook www.facebook.com/pipelinefoods/.</P>
<P align=justify><B>Forward-Looking Statements</B></P>
<P align=justify>Certain statements included in this press release may be
considered "forward-looking statements" within the meaning of the United States
Private Securities Litigation Reform Act of 1995 and applicable Canadian
securities legislation, which are based on information available to us on the
date of this release. These forward-looking statements include, but are not
limited to, our belief that Pipeline Foods is well positioned and should be able
to serve the industry well and be positive for transitioning employees. Terms
and phrases such as &#147;believe&#148;, &#147;should&#148;, &#147;continue&#148;, "expected", "plans", &#147;will&#148;
and other similar terms and phrases are intended to identify these forward
looking statements. Forward looking statements are based on information
available to us on the date of this release and are based on estimates and
assumptions made by the Company in light of its experience and its perception of
historical trends, current conditions and expected future developments as well
as other factors the Company believes are appropriate in the circumstances. The
Company makes no representation that reasonable business people in possession of
the same information would reach the same conclusions. Whether actual timing and
results will agree with expectations and predications of the Company is subject
to many risks and uncertainties including the availability and attractiveness of
potential strategic investments for the Company, delays or other potential
issues in transitioning employees to Pipeline Foods as well as other risks
described from time to time under "Risk Factors" in the Company's Annual Report
on Form 10-K and its Quarterly Reports on Form 10-Q (available at www.sec.gov).
Consequently, all forward-looking statements made herein are qualified by these
cautionary statements and there can be no assurance that the actual results or
developments anticipated by the Company will be realized. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left>Scott Van Winkle </TD></TR>
  <TR vAlign=top>
    <TD align=left>ICR </TD></TR>
  <TR vAlign=top>
    <TD align=left>617-956-6736 </TD></TR>
  <TR vAlign=top>
    <TD align=left>scott.vanwinkle@icrinc.com </TD></TR>
  <TR>
    <TD>&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>Source: SunOpta Inc. </TD></TR></TABLE><BR>
<HR align=center width="100%" color=black noShade SIZE=5>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
